The Medford mail., August 28, 1908, Image 2

PANIC ON THE
STOCK EXCHANGE
NEW YOltK, Aug. 25. The fail
ure ot the big brokerage firm of A.
O. Brown Co. for sum of money
possibly animated at running well
above $1,000, 0K lent a nervous
thrill tbrough the Mock market to
day. Coming as a climax to the bewil
dering trading In last Saturday's
market, the suspension created an
extraordinary degree of public Inter
est, but It was looked upon by high
atock exchange Interest! as offering
an early solution of the tangle grow
ing out of the most remarkable two
hours' session the New York stock
exchange bas bad for many years.
While there Is no question In Wall
street this afternoon that the situa
tion created by today's failure can
be easily taken care of, there was
distinctly a feeling ot apprehension
lest other firms might unwittingly
be drawn Into the affair as a result
of extensive orders being scattered
tbrough the commission houses dur
ing Saturday's spectacular opera
tions. Tbe transactions of A. O. Brown
A Co. covered nearly 7 per cent of
the trading In the sensational week
end session of the stock market, and
It was stated officially by a member
of the firm today that the delivery
had been made of only 275,000
shares of more than 700,000 shares
bandied. How many of the out
standing shares represent tho deal
ings of customers and how many
were carried on the firm's account
It was Impossible to learn. The
definite statement of the firm's af
fairs was promised for 5 a'clock by
E. P. Buchanan, managing partner,
but at 6 o'clock Buchanan stated he
desired to consult further with bis
friends before making an announce
ment. Tbe announcement of the failure
was made on tbe stock market at
1:35 p. m., when the market was
ranging 1 to 1 points higher than
yesterday's closing. There had been
heavy buying during the morning
hours, presumably on tbe part of
the brokers attempting to f.. the
uncovered orders of Saturday, and
for a time prices were maintained
'ine market closed heavy and un
easy, however, at a decline. A. O.
Brown Co. were members ot sev
eral exchanges In this city, Chicago
and Cleveland, and bad branches in
many other eastern cities and In To
ronto, Canada. Tbey maintained in
this city extensive branch offices In
the fashionable hotels and at two
uptown addresses. Their principal
offices were at 30 Broad street.
The members of the firm Included
A. O. Brown, Lewis Oinler Young,
Edward P. -Buchanan, Samuel C.
Brown and W. Rhea Whitman. Pri
vate wires were maintained to all
the principal cities. John W.
Rhoads, cashier ot tne firm, was
named as assignee, with D. W. Noel
as counsel.
When the failure was ranounced.
a member of the firm stated that Its
affairs were In a badly tangled con
dition as a result ot Saturday's trad
ing, and It was thought best to make
an assignment at once.
It Is understood that the broker
age firms who were awaiting deliv
ery of the stock became impatient
toward noon today and sent word
that they would allow but a few
more hours of grace. All attempts
to secure a further delay were futile
and a suspension followed. The
friends of the members of the firm
tonight declare that the collapse
was due entirely to the closing of
the regular channels of business by
the extraordinary Saturday trading.
Thousand of clerks, it is explained,
could not properly enter and trans
fer three quarters of a million Bhares
handled by the firm Saturday with
in the spnoe of time allowed by the
exchango rules for making deliver
ies. MYHTMUOIH MlltlKU.
LONDON, Aug. 24. The wlfo of
Major-Gcneral C. E. 1-uard was
mysteriously murdered this after
noon in a desolate wood at Seven
links, near this city. No trace ot the
murderer was found, but the motive
appenrs to have been robbery, as val
uable rings were taken from the wo
man's flngiTS. Mrs. Luard was shot
with a revolver, and from the posi
tion of the body she apparently
faced her assailant, who must have
shot her at close range.
nitl'TAI, (ItlMK OK SOI.IHKItS.
DKNVEH, Colo., Aug. 21. A
News special from Laramie, Wyo.,
says while every effort bas been
made by the authorities nt Camp
Emmet Crawford, the military man
euver grounds, to keep I he fnct a
secret, It is known that an atrocious
crime was committed last Sunday by
members of the artillery battery,
who assaulted a young woman, leav
ing her bruised and unconscious on
the ground. According to the story
a noncommissioned officer was es
corting the young woman when they
were attacked by 32 men ot the ar
tillery battery.
The orflcer was beaten Into Insen
sibility with a gun and tho unfortu
nate young woman wns dragged to
an Isolated place and assaulted. Af
ter lying half dead for hours the vic
tim ot the outrage revived and suc
ceeded In crawling to a bouse some
distance away and told her story. .
Twenty-ali men who are alleged to
be Implicated In tbe outrage are un
der arrest and chained together In
the camp prison. Tbey are under
constant guard to prevent lynching,
as the sentiment of the camp is very
strong against them.
Six alleged assailants escaped, but
three were apprehended at Kawllns
today.
MIMHTKK WAS MTIIItKKKIi
t:STACADA, Or.. Aug. 20. The
news bas just been r;colved from
Velbourne, Australia, of tbe 4.'nth
of the Rev. Harold Robinson, who
was shot on the veranda of bis houie
liy x man named Plncombe, a miner,
lie Is believed to be demented and
tn nurse a bitter hatred tor all who
teach religion. The minister occu
pied a house next to bis church.
Shortly after dinner, while Mr.
Robinson was walking on tbe veran
da reading a book, tbe assassin fired
the fatal bullet. It passed through
his heart, causing almost Instant
death. His wife rushed to his side
only In time to hear bim murmur
her name. He never regained con
sciousness. The murdered had threatened and
showed continual dislike to many
people. He was commonly feared.
Mr. Robinson was a brother to
Kev. Albert Robinson, Presbyterian
minister at Hlllsboro, r. Five years
ago be left Australia and came to
Oregan, and for several months re
sided with his brother at Hlllsboro
During this time he became a mom-
brr of the Tualatin Plains Presbyter
Ian church and resolved to enter the
ri'nlstry. He several times filed ap
pointments for his brother.
In 1904 he returned to Australia
with his wife. At the time of his
death he was pastor of the church
nt Blackwood, a town near Mel
bourne. When the murderer was arretted
his house was searched. It was found
to be a regular arsenal. Three rifles,
two loaded revolvers and a large
quantity of ammunition were found.
The funeral of the murdered pas
tor took place In tbe quiet little
town of Blackwood. The church
was crowded with mourners.
lilG IllTKLKIIKKKY CHOP.
Huckleberries are native to nu
merous mountain wilds In this sec
tion and reports of this season's crop
now ripening say that It Is an unus
ually heavy one. There are several
huckleberry patches In the Dead In
dian region east of Ashlnad. Ther
in the Lake of the Woods section the
highly prized fruit grows qu 'e plen
tiful)), ard great mountain sides are
found covered with the bush.s north
ur.'i west toward the Rogue rtver
side and Huckleberry mountain In
that region Is a great resort for ber
rying parties from Rogue river val
ley and from the Klamath side.
Ashland Tidings.
HKXfJATION IN H4KIKTY.
SAN BERNARDINO, Cal Aug.
21. Mrs. Edith Sheldon today
sprang a sensation tn society circles
by bringing an action for divorce
against Herbert Sheldon, a wealthy
planter of the Coach ell a valley,
charging that he chloroformed her
and that he had plotted to take her
In a yacht and far out to sea and
throw her overboard.
The Sheldons have always stood
high In this community. Some
months ago Mrs. Sheldon returned
here from India, but no suspicion
arose that domestic troubles were In
volved. In her complaint she avers
she came here for protection, being
afraid her husband would carry out
his oft-repeated threat against her
life.
Sheldon's side of the story has not
yet been told. His attorneys declare
he will be able to reply to every
charge preferred by his wife. It Is
understood the suit will be contested
merely to protect the large property
Interests of the husband.
TO FIND NORTH POLK.
II A V UK, Aag- 21. Acclaimed by
great crowd, Including representa
tives of the government, tne steamer
Pourqull Pas loft here on a voyage
of discovery to the south pole.
The expedition is a private one.
and Is headed by Jean Charcot, who
ted a similar voyage In 1905.
After reaching Alexander's Land,
M. Charcot plans to continue his
rrulne in a southwesterly direction to
explore and define the southern lim
its of tho Pacific ocean and to deter
mine accurately whether or not there
is a vftHt continent extending as far
south as the pole itself. The expedi
tion Is fitted out for three years.
KKillT FKU1T TRI'HT.
ALBANY, Or., Aug. 22. To
fight the fruit "trust" in all Its
forms, will be the purpose of the
Northwest Fruit association, an an
nounced at a meeting held In Al
bany yesterday afternoon. Organ
ised nt Salem Wednesday to enter
the prune-pncklng field this fall, the
association will widen Its scope and
opernto canneries or take any other
steps necessary to provide competi
tion and protect fruitgrowers. Plans
ot the association now crystallizing
presage a widespread effect on the
future fruit culture in Oregon.
Local fruitgrowers enthusiastic
ally Indorsed the new association at
the meeting yestorday. L. M. 011
bert, president of the association,
and Knoa Presnall, both of fla'rm,
were tho leading speakers. It was
announced that fruitgrowers from
all parts of Western Oregon are
flocking to Join the new ori,-in na
tion, which la entirely corporative
lap. am.
PATTERSON
ON SOCIETY
CHICAGO. Aug. 22. Society Is
held seamy side out to the gate ot
tbe world In a realistic novel called
"A Little Brother of tbe Rich,' by
Joseph Medlll Patterson, of which
an advance copy was shown today.
It (s a pitiless light from within
the lnttormoat sanctum of Chicago's
first families that the author turns
upon the Uvea of the rich and elect
Tbe writer Is the son of R. W,
Patterson, the millionaire newspaper
publisher, and la a grandson of Jo
seph Medill. He Is a millionaire
h'mself and will be heir to many
more millions. His wife Is a daugh
ter of Harlow N. Hlglnbotham, who
was Marshall Field's partner.
From birth he has been welcome
to all that Chicago's most exclusive
S4clety calls Its own. And In this
book he tells, from his Individual
viewpoint, of life as he found It
within the narrow barriers that shut
the world out and bound that mys
tic Institution, society.
Upon the outre cover of tbe book,
blazoned in garish yellow upon blue,
are two hands, palms upward, fin
gers reaching aloft, and a money
bag the quarry. That typifies the
main, though not the sole, arraign-
ment of Bociety in the story.
The sweetest ambition of the soci
ety man he describes Is a desire to
walk down Broadway at 2 o'clock In
the morning with the most stunning
woman on this avenue of nocturnal
frolic.
The story centers upon the evolu
tion of the hero, Paul Potter.
The ..ist chapter finds bim an In
diana youth In love with a country
girl and guided by the homely hon
esty of his environment. He goes
to college and Is distinguished by
athletic genius, becomes the favorite
of some millionaire college mates
and Is patronized.
Stage by stage Patterson traces
the development from the plastic
model into the finished product a
New York broker, a hardened scof
fer of virtue and honor, forgetting
the Instincts of the simple life and
taking up the foibles and the vices
of the cavaliers' code that rules so
ciety as Patterson sees It.
He forgets Sylvia, his country
lass and she, driven by reverses to
seek work In a large city, also be
comes a figure to cry shame at
wealth In the story of her efforts to
earn a living, underpaid and getting
no sympathy from employers, who
tell her there are more ways than
one whereby a winsome girl may In
crease her Income. She becomes a
chorus girl and ceases to depend up
on the pay envelope.
One of the rich men, held as typi
cal In this story, recites In the book
the following outburst when con
gratulated upon his return to his
Newport home.
Wilmerdlng had been striding up
and down the polished floor, mutter
ing to himself. 'Home!' he sudden
ly burst out. 'Home, do yon call
this home? Do you call It home to
live In a marble palace with a wom
an who would only bear one child
and that one dead for fear of mis
sing a season and spoiling her fig
ure: who tells yon to her face In
her tantrums that she only married
yon for money; would consider you
nothing but a combined pearl fishery
and diamond mine; who spends her
time with oh, I'm not stich a fool
as she and everybody else think me.
What I know about her would sur
prise her."
TH .IC KM) TO QI'AKRKIj.
NEW YORK. Aug. 24. Believing
her husband was about to leave her
forever, Mrs. Edward H. Hacker
committed suicide here by shooting
herself.
Her husband, who had bade her
good-bye after a series of alterca
tions and started from the Hague
Court apartment house, where they
lived, heard the shot and ran back
to their flat. Beholding the life
less body ot his wife, he was over
come with remorse, and locking the
door of the apartment, ne picked up
the revolver with which she had
killed herself and endid his own
life by shooting himself three times.
When the superintendent ot the
building and employes broke down
the door they found husband and
wife dead, Hacker with his arms
clasped about his wife's neck and
his lips close to her cheek as If he
lied while trying to kiss her.
For a day and a night Hacker and
his wife had been quarreling. They
had been married a little lesa than
two years, and It seems Hacker was
insanely jealous of his wife.
Hacker was employed by the Mc-
Call Pattern company and Is said to
have been well-to-do. He Is said to
have served as a captain In the
Spanish-American war.
MORMON WOMKX CONVERTS.
HOSTON. Mass., Aug. 24. The
local board of Immigration Inspect
ors today further investigated the
cases of about 100 Mormon women
eonverta who arrived yesterday from
Europe. As a result of today's ex
amination. 40 girls aro held for fur
ther inquiry and two were sent back
to Englnnd.
Finns have been prepared and es
timates secured for the buildings
which are to be erected on the talr
grounds, aa well as the fence to In
close the same. The committee that
has this matter In charge appears to
think that the amount necessary tn
complete the undertaking can be
raised and that a good fair will be
given on the days advertised, Octo
ber 1, 1 and 3.
Arrangements are now being
made for a meeting ot the Rogue
River Valley Fair association, the
organization and plana of which
were exclusively mentioned la The
Morning Mall, to be held in the
course of a few days, and it is ex
pected that active work will begin
soon after that.
It la Intended to make horserac
ing one of the teaturea ot tbe meet
ing. This will Include, running.
trotting and relay races. The trark
s a half-mile one and Is in fair con
d tlon now, but it will be greatly inv
pro-ed and put in first-class share
efore the opening.
Arrangements have also been
made with the owners of rigs and
automobiles for a fare of 10 cents
each way on condition that tbe road
to the grounds be properly watered,
and this will no doubt be done.
Ml'l'H LAXD niVKN A WAV.
SALEM, Or., August 24. Oswald
West, member of the railroad com
mission, has gathered figures and
facts regarding the Oregon railroad
and wagon road grants that will be
of inestimable value to the state.
The facts are now being used by
Mr. West in a number of addresses
he Is making on behalf ot tbe Wil
lamette Valley Development league
which will hold a congress at
Marshfield this week. Mr. West con
cludes from the facts be baa at band
that a graduated land tax should be
imposed on tbe holders of these
grants so that they may opened for
settlement. Until they are he main
tains Oregon will continue to be
undeveloped.
"About one-tenth of the area of
the state has been given to corpora
tions to aid in the construction of
rati and wagon roads," said Mr.
iVent.
"The grants are as follows:
Acres.
)regon- & California and
Oregon Central R. R.. . 4,500,000
Oregon Central Military
Road company 800,000
Corvallis ft Yaqulna Bay
Wagon road Company.. 90,000
Willamette Valley ft Cas
cade Mountain Wagon
Road company 850,000
Coos Bay Wagon Road com
pany 115,000
The Dalles Military Road
company 685,000
Total 7,000,000
'These figures are based upon the
nlleage of the several roads, but are
not exact as some of the lands were
ost to the companies on account of
overlaps, adverse decisions, etc.,"
continued the commissioner.
'These grants have a total area of
11,000 square miles and would make
a tract 100 miles square, which Is as
large or larger than any of the New
England states and as large as Mary
land and Delaware combined. It Is
equal to the combined area ot Clat
sop, Columbia, Tillamook, Washing
ton, Multnomah, Clackamas, Yamhill,
Polk, Marlon, Linn, Benton and Lin
coln counties, or in other words as
large as all that part of western
Oregon lying north ot Lane county
and west ot the summit of the Cas
cade mountains.."
For Sore Feet.
"I bave found Bucklen'a Arnica
Salve to be the proper thing to use
for sore feet, as well as for healing
burns, sores, cuts and all manner of
nbraslons," writes Mr. W. Stone, of
East Poland, Maine. It Is the proper
thing too for piles. Try It! Sold un
der guarantee at Cbas. Strong'a drug
store: 25 cents.
KI'KAIj CARRIER ARRESTED.
MILTON, Or., Aug. 24. James
Jenson, formerly a rural mailcarrler
out ot Spokane, was arrested in Free
wnter yesterday afternoon on an In
formation of a postoffice inspector. It
Is alleged that Jenson, while work
ing for the government, received
from the patrons of the route money
with which to purchase money or
ders, but that he failed to buy tho or
ders, and converted the money to his
own use.
Jerome Is Exonerated.
ALBANY, N. Y., Aug. 24. Rich
ard T Hand, who was appointed by
Governor FuRhe to tnke the testi
mony and report the findings on the
rhargxs filed against District Attor
ney T .Vrono of New York
county by a majority of the stock
holders' committee of the Metropoli
tan Street Railway company, today
submitted a report to the governor.
He finds none of the charges proved
and all but one disproved. He rec
ommends the dismissal ot the ease.
UNION STABLES
Formerly located on Seventh and B Streets
have moved one block south on B Street.
Baled Hay and
General Livery
DUNCAN
Sept. 14-19 Excursion Trains
Salem.Oregonl& Spnpjal RateS ,0
Oregon State Fair
Exposition for 1908
The Largest and Best Pacific Coast Fair!
Children Free Monday, Sept. 14, and Saturday, Sept. 19
Reserved Boxes Can Be Had in Advance for the Races
Greatest Exhibit at any Coast Fair
New buildings all completed
Walks and grounds the finest
Free camping for thousauds
Agricultural College to hold meetings
Complete Program for Six Days; Two Great Shows Day and
Night; Something Doing Every Hour i
One Hundred Thousand Oregon People Attend j
the Fair and Are Better for It :
Low Rates; a Week of Profit for You and Enjoyment for the
Family; summer school for all
COME! COME!
ROBS STAGE
LAKE HOTEL. Yellowstone Park,
Aug. 24. Tbe greatest stage hold
up la tbe west for many years, at
least In the number of coaches beld
up, occurred today wHt.ia the boun
daries of Yellowstoio Fark. The
work was done by a lone highway
man and the pajut-nrfera were abso
lutely helpless tn hli lmnds, as no
guns are permlt"d in .nt. park to i-e
drivers or tourists.
It Is estimated from the state
ments of passengers that something
like 2000 in cash was obtained,
drafts worth $10,000 and other pa
pers and transportation, besides a
rich haul In watches and jewelry. In
all, 21 coaches left the upper Geyser
barns this morning. The hlghyam
man was encountered about five
miles further on at a lonely point
along tbe banks of a creek which
was lined with bushes.
The first lot of coaches, number
ing seven, and following each other
closely, passed the place unharmed.
After the first of the second lot of
eight coaches came along, the high
wayman stepped from the bushes
and ordered the driver to stop. The
robber did not molest this driver or
any of the other drivers.
On the first seat Bat F. Drew of
Orlando, Fla., and his stepson, P.
11. Caskin. Drew, when ordered.
handed over what he had, amounting
to $90. The Cackin boy, a lad of 18,
was ordered to dismount and hold
the man's sack. This he did, at the
point of a gun, all along the line of
eight coaches.
In one of the coaches, Forrest
Stevens of WUkesbarre, Pa., gave a
nervous laugh which seemed to en
rage the hold-up nai . Stevens was
ordered to dismount and also accom
pany the highwayman. When he
got out he started to go around the
rig, but was summarily ordered to
come back, and got a whack over the
head with the barrel of a rifle for
his pains.
When the last of the eight
coaches reached the highwayman he
remarked that he had a good mind
to shoot Stevens, and, by tho way,
did fire a shot over his head. Then
both Stevens and Caskin were or
dered back to their rigs and the
drivers were ordered to move on.
These eight roaches had barely
gone when three more came along,
and these were gone through tn a
like manner. In one of these coaches
M. L. Walker, an Oklahoma banker,
Grain for Sale
Business
ROONTZ
Races six days; commence Monday
Free evening entertainments
McElroy's Band and Orchestra
Prominent men will speak
Fancy stock shown daily
Prepares young people for bookkeepers, stenographers, corres
pondents and general office work. The development of the
Northwest will afford openings for thousands in the next few
years. Prepare now. Send for catalogue.
SALEM, ORE., W. I. STALEY, Prin.
tried to conceal $3000 in drafts un
der the Beat. The hold-up man saw
him and made him dig up.
Walker asked for his drafts and
transportation back, but the robber
threw them in the bushes contempt
uously telling Walker he wouldn't
have touched his drafts if Walker
hadn't tried to conceal them.
In all, about 125 were held up,
though not all suffered financial
loss. After the coaches had been al
lowed to proceed, as quickly as pos
sible a message was sent to the sol
diers and a detail was started after
the robber.
TO MAKE FLIGHT.
NEW YORK, Aug. 24. Four wo
men will make a start in a ballion
from the shores of Huntington Bay,
Long Island, August 29. The ascen
sion wlll.be made under the auspices
of the Philadelphia Aeronautical so-
Iciety and the balloon to be used will
the the 50.000 cubic foot passenger
I Philadelphia. Accompanying the wo
men will be Dr. Thomas E. Eldridge
and Dr. George H. Zimmerman of
Philadelphia.
The trip will be made for the El-
dridge-Zlmmerman Ladies' Aero
nautical challenge cup, offered to
women of the Vnited States for the
best record for the distance travtled
in one ascension in any air cr.lft. If
ah goes well, It is hoped that the
party will reach Maine or Canada ' e
fnre the end o' the flight.
IIKIIIK I.KAPS TO IEATH.
llERRIXCISDORF. Prussia. Aug.
22. The bride of a week of Profes
sor Rudolf Spltzer, of Sternberg
Merklenberg - Schwerln. yesterday,
threw herself from the top of the
Bismarck tower here, falling 1200
feet to the bottom of the cliffs upon
which the tower is built. The cou
ple came here on their honeymoon.
The woman left a note addressed
to her husband asking his forgive
ness, and requesting that he marry
another woman with whom he could
be more happy. Prior to their mar
riage the professor had been engaged
for ten years.
Sept 14-19
Salem.Oregon
TO STOP CIGARETTKS.
Representative-elect Charles Mc
Donald of Multnomah county has
drafted a bill which he will Intro
duce at the legislature next winter,
having for its purpose the utter ex
termination of the "coffin tack" in
the Beaver state. Even substitutes
for cigarettes will be placed under
the ban, and any one caught giving
or selling "the makings" will be sub
ject to fine, and If the fine Is not
paid, then off to prison he (or she)
must go.
Conservative statistics show that
500.000 cigarettes are smoked daily
In Oregon. The figure may reach
800,000, for the 500,000 daily son
sumption is based on 40 per cent of
the voters smoking only IV of the
"tacks" a day, and any cigarette
smoker will confess thatn ten "elgs"
Is a niggardly allowance, and should
be 20 or 30. Then, again, more than
40 per cent of the voters use cigar
ettes and many wno are not voters
are heavy customers. The "mak
ings" sold In this state In a week run
Into several thousand dollars.
Forest Fire Raging.
What may prove to be a very de
structive forest fire Is reported to
be raging in the timber on Upper
Rogue river, between the MeAn
drews ranch and the J. H. Stewart
place. Dillon Hill went there early
this morning to investigate. A
message was received yesterday by
Mr. Dutton, who was returning from
Crater lake, where he had been with
a load of supplies for the hotel there.
Horses Died From Thirst.
W. J. L. Anderson met with an
unpleasant surprise when fee went
out to bis ranch a few days ago. He
left four head of horses In a field
on the ranch when he left there, tour
wees ago, and at that time there
was ample water running In creek
In the field, but when he returned
this week he found the creek dry
and three of the four horses dead
from thirst. One of these was a
blooded brood mare, slst.r of tho
stallion Tyhald, and the other three
wars her colts.