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About Oregon City enterprise. (Oregon City, Or.) 1891-194? | View Entire Issue (Dec. 10, 1897)
) 3nte EGON 1TY. VOL.32. NO. 7. OREGON CITY, OREGON, FRIDAY, DECEMBER 10, 1897. ESTABLISHED 1866 OR RPRISE. KJ II.DYK, ATTOKNKY AND UOUNHKUM AT LAW Wl f,,riwl" inorlnngoa, maka i'b'raia, Inaii inoiii,itltaia mi l fanaiiet gonoral law lllllllM. Olflno Aral ttoor adjoining JUuk ol 0 fgoti Clljr. ORRIIOM ('ITT, ORROOM KO. 0. mtOWHKI.I. I. V.CAatr'llkl.U HOWNKIX A CAMI'llKU, ATTORNEYS AT LAW, ORRUoN CITY, (m(l()H. Will irnr(lr In nil Urn court! ol the alate. 01 flee, In i null I I Inn iliim, J) II. J. II. MILLKK, IlK.NTIRT Bevtmtli mrxMt, near Southern Pucilhi depot, Oregon OltV, Oregon, c. 1I.1SOM. CIVIL KNlilNKKR AM) DKI'UTY COUNTY KL'KVKYOR. Will be lit eourt hoimo on each Saturday mill on regular "ochIhii day of coiiiiiy court. c LACK A MAX AIWTIIACT A Tlit'ST 10. Purnl.h, Abit-arla. I haltia of Til s, Da-prlp-tli.ii-, Ixwiit, Inaiiru ri. I'ay Tm Pirfort Tlllnn. !., fin tuln, o. r Pank ul (rt u CI . I. r. ( I.Alt K, lTo.iii.l M.r, ORKOON IT, .... 0100)1. W. K INN A I It D CIVIL KNOINKKH ANb BCKVKVOK. Hallway Iwatlon ami ruiiilrnrllon, hrldgni. plauaalid atlmalea lor water u''ljf Uralnaio ant trt lmiropiiioiit ol lowna aprndal atfutlon glvim to draughting and bin priming J W. WKLCII. DKNTIST Willamette Hid., 0omU I'oHtolhVe. Office hours from H a. in. to 12: 1 to 6:30 p. in. jr L.roHTKK, ATTOKNKY AT LAW imiu'Tior rorRT ri KiMr. Onte ntil to Orvgon Cllv Uuk on tb ttreeL I U, T. WILLIAMS. REAL E8TATK AND UMS AOK.NT. A good Hit of bualnraa, rulilrnr mil auhurbau rroprriy. rrm Property In two lo aull on tay term. Cnrreapandflnra roniill)r anawerod. Ofnoo, Olio Ji'f until of Ui'lluxllnl cliuich. J. W. MKI.DRL'M. 8UKVKYOK AM) CIVIL KNtilSKKR. All orders' promptly attmli-l to. roaloiniHt aildreaa Oregon City. Realdenre t Melilrum I'luw. on Kn-t ftliln Klm trlc Una two miles norlli ol Oregon City, Q I). A D.C. LATOUKKTTR, ATTOKNKYS AND COUNSKI.ORS AT LAW MAIN HTKKKT OltKtlON CITY, OIIKOON. rurnUh Abntracta of Title l-oan Money, Foro eloan MorliiKKi'ii. mnl tranaaot Ueiioral Law Wnalneaa. J J E. CKOHH, ATTORN F.Y AT LAW. Wiix Practicr in A ix Court or Titi Stats. Real Katnte riiiI Inauranre. Ornoo on Main Hln-ot bet Sixth and HoTenth, ORKOON CITY. OR. Jt K. MAUK.S, ATTOHNKY AT LAW. Will pmtlfe In nil Hip court, of the nlnto. Ulllre opponlle court liotine In Cntillold liuililmir. fpiIK COMMERCIAL BANK, OF ORKOON CITY. Capital, 1100,000 TRANRACM A ORNRRAL RANK1NO Ht'mN. Iimia mailo. llllla (tiioonntuil. Miikva t'ol loolionn. Itnya antl ext'liRiino nil all rmlnta In Iho I'nltcil HtRt, Knroiie Riul Hong Koiik. IHMltR ricol"i'd aiiliji'ct to chock. Hunk opon from 0 A. M. to 4 r, M. U. C. LATOUKETTK, Hrenlilcnt. K. G UONALD80N, Caahlor ANK OP OKKGCN CITY, Oldest Banking House In tie City. Pahl upCapltHl, IM.OOO. HnrpliiH, .H,HA0. f RRMIDRNT, - CHARI.IR H. CAUFIRI.D. TICK PRKHlllRNT, 010. A. HARDINO. CAHHIRR. R. O CAUriBl.D. A gonornl hanking bunlncaa traimantoi). UnpoHtta roni'lveil anlioot to chock. Approvoit hllla and noloa dlanounled. Coiinlj and city warrmita bonirlit. Loan mvlo on avallnhlo auoiirlty. Kxi'lianuP houglit and aold. ColUictloiir made promptly. Drafta aold Avallaulo in any part of the world ToloKraphlo exchangoa aold on Portland, Han franclaco, 'lhlcavo and Now York. ntoroatpalJ on time depoalti. WANTED TRUSTWORTHY, ACTIVE poiitlemmi or ladles to travel for re tiponnlhlp, pntahlisheil house In Oregon. Monthly $IL").00 and expenses. Portion steady . Kelereuce, Encloae Relf-addreaed atainpeil envelope. The Dotninien Coin pany, Dopt. Y Chicago. c. Lace Curtains and Window Shades mm A Chance for Life Tho bankrupt stock of tho Eagle Tailoring Coinpany of l'ortlaiul, connifting of Clothing, Gents' Furnishing Goods, HatK and C'ajts, together with a fine lino of Boots and Shoes fur Men, Ladies and Children to he sold at retail with wholesale prices at Oregon City in the I. 0 hloek. Come early and get tho first choice. Farmers and mechanics Store. M. MICHAEL, Prop. Farm produce, hides and furs taken in exchange. WE'LL PROVIDE vIth a than a 0X Jy and SAM'L KOSENIJLATT & CO. 193 and 195 First St, Cor. Taylor. ...REPAIRING.., Having secured the services of a firt-claB8 workman we are pro pared to do mending and repairing of all kinds at reaaonahlo rates. KRAUSSE DROS. Tho Shoe dealers. EC 2ZZ22ZZE We are also agents for the celebrated Canton Clipper Plows, Harrows and Cultivators, Also for the Slmonds Saws. Steel Ranges Cast Ranges Stoves all prices. Corner 4th and Main oro two main attractioriH for a rich dwelling, aa well an for a inolunt, cozy little room. We lmve junt r!C(!iviil a largo, well anHorted nhip nient of laeo curtaitm, tiricoB ratiKinf? between hoc antl'il.W) a pair. Our new tttylo rugH are especially well Hiiited for holiday prenentH, TheHO are inoHtly American inado rug, and the hem that can ho made for littlo money. Do not fail to iiiHpect our diwplay of traiiHparent imK)rted chinuware. Bellomy & Busch, The Housefurnlshors. ANY MAN stylish suit here In less time tailor can take his measure, we guarantee a better fit than the average tailor turns out. There's nothing In the way of men's wear that we can't supply with substantial sav ing to you. Before you buy we want you to get our prices and see the difference between the clothes we sell and those offered In most clothing stores. The H. S. ; & M. ready-tailored suits and overcoats, the kind bearing this label: HART, 80HAFFNER A MARX. ,!!R?!"))iimi lfcA C "-'. ') 2 V V - 1 7a '(Uk'MkWMteUaw f GUARANTEED OLOTHINQ. Are known the country over for their style and quality. Portland, Ore. .clCli-'fVr,r1HrJHfJf'r'rJc'tVrlrJrJHr'rl We are headquarters for Air-Tinht Heaters ' laruest slock, lowest prices. Wre carry a full stock of everylliinn in the Hardware line, wagon wood, iron, eteol, pumps, pipp, etc. Plumbing and all kinds of jobbing neatly and promptly done. Estimates furnished, POPE St CO. Streets, - Oregon City. FINANCE AND CUJ5A Extract From the President s Annual Message. rrim-ulfd to llolli Hoiihci of Conic rem Lait Mondajr A KiiHlnetut Oocutnciit. Wahiiiwjton, Dkc. 6. The president's mesHiig) wo prevented to both Iiouhcr of I lie 05th Connreurt Unlay, an 1 deals mainly with Cuba, and the financial ijuextion although many oilier matters re carefully considered. Tim Currency (tieatlon. Tarifr Ifgiitlution having been settled by the extra s-iHHion of congrew the ques tion next preaxiug for consideration is that of the currency . The work of put ting our finances upon a sound banis, dillicult as it may seem, will appear wlieii we recall the financial operation of the government liuce lHoU On the 301 h day of June of that year, we had out standing demund liabilities in the sum of (723,Kt8,-U7.41. On the 1st day of July, 187'J, theae liabilities haJ been re duced to 4M,8SD,4!)j.S8. Of our inter-(!t-lcaring obligations, the figures are even more striking. On July 1, 1H00, ttie principal of the interest-bearing debt of the ifoyernment was f 2,332.331, 208. On the 1st day of July, 18'J.i, this sum had been reduced tof)81,0.7,100, or an aggre gate reductiou ol tl,747.2a4,10S. The interest-bearing debt of the United States on the litl day of December, 18'J7, was $-t7,3(5,tiJ0. The government money now outbuilding (December 1) consists of:i4ti.fWl,01(iof United States notes; f 107,7U3,2HO ol tieanury notes Issued by authority of the act of IStH) $:iS4.0(3,504 of silver certilkates and til.2SO,7Gl of smnUrJ silver dollars. With the great resources of the govern ment and with the time-honored exam ple of the past before us, we should not hesitate to enter upon a currency revis ion which will make our demand obliga tions less onerous to the government and relieve our financial laws from ambiguity and doubt The brief review of what was accom plished from the close of the war until 18H3 makes unreasonable and groundless any distrust either of our financial abil ity or soundness; while the situation from 18!3 to 181)7 must admonish con gress of the immediate necessity for so legislating as to make the return of the conditions then prevailing impossible. There are many plans proposed as a remedy for the evil. Before we can find the true remedy we must appreciate the real evil. It is not that our currency of every kind is not good, for every dollar of it is good ; good because the govern ment's pledge is out to keep it so, and that pledge will not be broken. How ever, the guaranty of our purpose to keep the pledge will be best shown by advancing toward its fulfillment. Erll of the Present System. The evil of the present system is found in the great cost to the government ot maintaining the parity of our different I forms of money ; that is keeping all of them at par with gold. We surely can not be longer heedless of the burden this imposes upon the people, given un der fairly prosperous conditions while the past four years have demonstrated that it Is not only an expensive charge upon the government, but a dangerous menace to the national credit. It is manifest that vre must devise some plan to protect the government against bond is sues for repeated redemp tions. We must either curtail the op portunity for speculation, made easy by the multiplied redemptions of our de mand obligations, or increase the gold reserve for their redemption. We have flWO.OOO.OOO of currency which the gov ernment, by solemn enactment, has un dertaken to keep at par with gold. No body is obliged to redeem in gold but the government. The banks are not re quired to redeem in gold. The govern ment is obliged to keep equal with gold all its outstanding currency and coin ob ligations, while its receipts are not re quired to be paid in gold. They are paid in every kind of uioney but gold, and the only means by which the gov ernment can, with certainty, get gold is by borrowing. It can get it in no other way when it most needs it. The govern ment without any fixed gold revenues, pledged to maintain gold redemption, which it has steadily and faithfully done, and which, under the authority now given, it will continue to do. The law which requires the govern ment, after having redeemed its notes, to pay them out again as current funds, de mands a constant replenishment of the gold reserve. This is especially so in times of business panic and when the revenues are insullloient to meet tho ex penses of the government. At such times the government has no other way to sup ply its deficit and maintaia redemption but through the increase of its bonded debt, as during the administration of my predecessor, when (205,315,400 of 4g per cent bond were iied and sold and the i proceeds used to pay the ex;enHes of the government in excess of the revenues an J sustain the gold reserve. While it is true that the greater part of the proceeds of these bonds were used to supply de ficient revenues, a considerable portion was required to maintain theitold reserve. Replenishing the Gold Reserve. With our revenues equal to our ex penses, there would be no deficit requir ing the issuance of bonds. But if the gold reserve falls below $100,000,000,how will it be replenished except by selling more bonds? Is there any other way practicable under existing law? The serious question then is, shall we con tinue the policy that has been pursued in the past that is. when the gold re serve reaches the point of danger, issue more bonds and supply the needed gold or shall we provide other means to pre vent these recurring drains upon the gold reserve? If no further legislation is had and the policy of selling bonds is to be continued, then congress should giye the secretary of the treasury authority to sell bonds at long or short periods, bearing a less rate of Interest than is now author ized by law. I earnestly reccommend.as soon as the receipts of the government are quite sufficient to pay all the expen ses of the government, that when any of the United States notes are presented for redemption in gold and are redeemed in gold, such notes shall be kept and only paid out in exchange for gold. This is an obyious duty. If the holder of the United States note prefers gola from the government, he should not receive back from the government a United States note without paying gold in exchange for it. The reason for this is made all the more apparent when the government issues an interest-bearing debt to provide ! gold for the redemption of United states notes a noninterest-bearing debt. Sure ly it should not pay them out again except on demand and for goid If they are put in any other way they may re turn again to be followed by another bond istue to redeem them another interest-bearing debt to redeem a non interest-bearing debt. In my view, it is of the utmost im portance that the goyernment should be relieved from the business of providing for all the gold required for exchange or export. This responsibility is alone borne by the government without any of the usual and necessary banking powers to help itself. The banks do not feel the strain of the gold ledemption. The whole strain rests upon the government, I and the size of the gold reserve In the treasury has come to lie, with or without reason, the signal of danger or of se curity. This ought to be stoped. If we are to have an era of prueperity in the country with tuffioieut receipts for the expenses of the government, we may feel no immediate embarrassment from our present currency; but the danger still exists, and will be ever present, menacing us as long as the existing sys tem continues. And, besides, it is in times of adequate revenues and business tranquility that the government should prepare for the worst. We cannot avoid, without serious consequences, the wise consideration and prompt Bolution of this question. Plan of Seeretarj Gage. The secretary ot the treasury has out lined a plan in great detail for the pur pose of removing threatened recurrence of a depleted gold reserve and saving us from future embarrassment on that ac count. To this plan I invite your care ful consideration. I concur with the sec retary of the treasury in his recommenda tion that national banks be allowed to issue notes to the face value of the bonds which they deposited for circulation. and that the tax on circulating notes. secured by the deposit of such bonds, be reduced to one-half of one per cent per annum. I also join him in recommend ing that authority be given for the estab lishment of national banks with a mini mum capital of (25,000. This will ena ble the smaller villages and agricultural regions of the country to be supplied with currency to meet their demands. I recommend that the issua of national bank notes be restricted to tho denomi nation of $10 and upwards. If the sugges tions I have herein made shall have the approval of congress, then I would re commend that national banks be re quired to redeem their notes in gold. The Cuban Insurrection. The most Important problem with which this country is now called upon to deal, that pertaining to its foreign rela tions, concerns its duty toward Spain and the Cuban insurrection. Problems and conditions more or less in common with those now existing have confronted this government at various times in the past. The story of Cuba for many years has been one of unrest; growing discon tent; an effort toward the larger enjoy ment of liberty and sell-control ; of or ganized resistance to the mother country or oppression and warfare and of ineffect ual settlement to be followed by renewed revolt. For no enduring period since the enfranchisement of the continental pos session of Spnin In the Western conti nent has the condition of Cuba or th policy of Spain toward Cuba not caused concern to the United States. The prospect from time to time that the weakness of Spain's hold upon the Island and the political vicissitudes and embarrassments of the home government might lead to the transfer of Cuba to a continental power called forth, between 1823 and 1800, various emphatic declara tions of tbe United States to permit no disturbance of Cuba's connection with, Spain unless in the direction of inde pendance or acquisition by the United States through purchase, nor has there been any change of this declared policy since upon the part of this government. The revolution which began in 18tJ8 lasted for 10 years, despite the strenuous efforts of the successive peninsular gov eminent to suppress it. Then, as now, the government of the United States tes tified its grave concern and offered its aid to put an end to bloodshed in Cuba. The overatures made by General Grant were refused, and the war dragged on, entailing great loss of life and treasure, and increased injury to American inter ests, besides throwing enhanced bur dens of neutrality upon this government, in 1873, peace was brought about by the truce of Zanjon, obtained by negota tions between the Spanish commander, Mortinez de Campos, and tbe insurgent leaders.' Cirlllzed Code of War Disregarded. The present insurrection broke out in February, 1895. It is not my purpose, at this time, to recall its remarkable in crease or to characterize its tenacious resistance against the enormous forces massed against it bv Spain. The revolt and the efforts to subdue it carried de struction to every quarter of the island, developing wide proportions and defy ing the ettorts of Spain for its suppres sion. The civilized code of war has been disregarded, no less so by the Span iards than by the Cubans. The exist ing conditions cannot but fill this gov ernment and the American people with the gravest apprehension. There is no desire on the part of our people to profit by the misfortunes of Spain. We have only tbe desire to see the Cubans pros perous and contented, enjoying that measure of self-control which is the in alienable right of man, protected in their right to reap the benefit of the exhaustless treasures of their country. The offer made by my predecessor, in April, 1895, tendering the friendly offices of this government, failed, and media tion on our part was not accepted. In brief, the answer read: There is no ef fectual way to pacify Cuba, unless it be gins with the actual submission of the rebels to the mother country. Then only can Spain act in the promised di rection of her own motion and after her own plans. Concentration Is Extermination. The cruel policy of concentration was initiated February 16, 1890. The pro ductive districts controlled by the Span ish armies were depopulated and the agricultural inhabitants were herded in and about the garrison towns, their lands laid waste and their dwellings destroyed. Thi s policy the late cabinet of Spain justified as a necessary measure of war and as a means of cutting off supplies from the insurgents. It has utterly failed as a war measure. It was not civilized warefare. It was extermination. Against this abuse of the rights of war I have felt constrained, on repeated oc casions, to enter the firm and earnest protest of this government. There was much of public condemnation of the treatment of American citizens by al leged illegal arrests and long imprison ment awaiting trial of pending protracted judicial procedures. I felt it my first duty to make instant demand for the re lease or speedy trial of all American citizens under arrest. Before the change of the Spanish cabinet, in October, 22 prisoners, citizens of the United States, had been given their freedom. For the relief of our own citizens suf fering because of the conflict, the aid of congress was sought in a special message and under the appropriation of April 4, 1897. effective aid has been given to American citizens in Cuba, and many of them, at their own request, have been returned to the United States. Not a Time for Recognition. Turning to the practical aspects of a recognition of belligerency and reviewing its inconveniences and possible danger, further pertinent considerations appear, in the code of nations, there is no such thing as a marked recongnition of beleg- erency unaccompanied by the assump tion of national neutrality, Such recog nition without neutrality will not confer upon either party to a domestic conflict a status not therefore actually possessed, or affect the relation of either party to other states. The act of recognition usually takes the form of a solemn pro clamation of neutrality which recites the de facto condition of belligerency as (Continued on Page Seven.)