Morning Oregonian. (Portland, Or.) 1861-1937, November 21, 1900, Image 1

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VOL. XL. NO. 12,462.
PORTLAND, OREGON, WEDNESDAY, NOVEMBER 21, 1900.
PRICE FIVE CENTS.
.Li I L ILLlLiLl MSmSw&sk Vlr 1 r rl
IB B
Bar Fixtures ..newest Dons..
Billiard Tables ..pooitowbs
Billiard Supplies ..and Repair..
rothchild bros., Bowling Alley
20-26 N. First St, Portland. ..Supplies and Repairs..
ElF WRITE FOR CATALOGUE AND PRICE LIST
A Hopeless Case
You cannot expect your furnace to heat If It Is not properly Installed.
We don't ''guess' how big a furnace is needed for a building, or how
large a pipe should be far a certain room, or how large the cold air
duct should be, but FIGURE IT OUT. We are not tinkers, but heating
an,d ventilating engineers.
. G. McPherson, 47 First St
PRICES REDUCED THE MANUFACTURERS OF
Premoand Poco Camera
Announce greatly reduced prices on their
makes of Cameras. Prices on application.
BLUMAUER-FRANK DRUG CO.
144-146 FOURTH STREET
fTTTT, HETSCHAN, Pre.
SEYEffln AND WASHINGTON
change: of
European Plan:
kaV
WHOLESALE SHOES
Complete stock of reliable, up-to-date
footwear, Including the celebrated Packard
shoe for men.
KRAUSSE & PRINCE
SnpSlaeIlvrea
KeVw Artista Photo Slips?
They are Just -what you want for Christmas photos.
REMEMBER We are selling Premo, Poco, Cyclone and all Cameras at the re-
P Prof. Duryea, of the Kepera Chemical Co.,
rwavnTrTiirniTr will araln favor those. Interested in photosra-
I1U53 nU I C i lit UAI t Phy with a public demonstration on the manlp-
UU- nvii. mu ufiiu ulatlon ot Vej0X paper in our store Thursday
evening. Nov. 22, 8 P. M.
w,rSS"iSSlS5i.sta Woodard, Clarke & Co.
Thursday, Nov.
THANKSGIVING DAY
We have them at all prices
These Carvers have both IMPORTED and DOMESTIC blades, -with
handsome IVORY, BONE and STAG handles. If you Intend to purchase,
a visit to our warerooms will not only SATISFY YOUR TASTE but SAVE
YOU MONEY as well.
Honeyman, DeHart&Co.
ft i BsK99t
A Word to the Merchant
Before election there was some excuse for the merchant who clung fast to his
money. But now that he knows we are all well started on a long period of com
mercial success, he is sare In Indulging himself and family In rational pleasures.
The first thing he should do Is to buy a Pianola. Then his home will be supplied
with the finest piano music
M. B. WELLS, Northwest Agent for the Aes'ian Company
Aeolian Hall, 353-355 Washington Street, cor. Tark, Portland, Or.
"We are sole agents for the Pianola. It Is exhibited only at our warerooms.
LIND WILL CONTEST.
He Claims Tan Sant Wai Elected on
a False Count.
ST. PAUL, Nov. 2. The Pioneer-Press
will say tomorrow:
"It has been decided that Governor Llnd
will contest the election of Van Sant. On
the faee of the returns Van Sant has a
plurality of about 2600, but the Democrats
contend that there have been such irregu
larities and errors In counting that a re
count would show a clear plurality for
Und."
Prince George Dramatist.
BERLIN, Nov. 20. Prince George of
Prussia has written a drama which will
be performed In Berlin during the com
ing season.
V
EXCLUSIVE CARPET
HOUSE.
J. G Jack & Co.
88 Third St
Oypastte (taker d Cumrci
C. W. KNOWLES, Usr.
STREETS. PORTLAND, OREGM
management
$1.00, $1.50, $2.00 per Day
87-89 FIRST ST.
29, 1900, will be
You aro going
to have turkey, and
you need a set of
I
rvers
Fourth and
Alder Sts.
Dayton's Shoe Cleaner
AND POLISHER
A neat, handy device for. . ..
Rerriovlng Mud From Rubbers
PRICE 10 CENTS
Sold by leading Shoe, Drug and Department Stores.
OVERDUE LINERS.
Rough. "Weather Delays Arrival of
Transatlantic Steamers.
NEW YORK, Nov. 20. Heavy winds
and rough seas on the Atlantic are un
doubtedly the cause of the delay of a
fleet of Transatlantic liners due here from
different European ports. Among the
vessels are the North German Lloyd flyer.
Kaiser WUhelm der Grosse, from Bremen.
Southampton and Cherbourg; the Holland-American
liner Rotterdam; the Red
Star line steamer Kensington; the An-
j chor line steamer Anchoria, from Glas
gow and Movllle; the Atlantic Transport
Company's steamer Marquette, from Lon
don; the North German Lloyd's Mediter
ranean liner Aller, from Genoa, Naples
and Gibraltar, and the White Una steam
er Oceanic, from Queeastown
ORIENTAL LINE
TwOvMammoth Steamships
Chartered.
NINE THOUSAND TONNERS
O. R. & N. Co. Makes Good
Its Promise.
WILL OPERATE FOUR VESSELS
Indrapura and Indravelll, Large,
Modern-Built Craft, Will Pioneer
the Fleet Heavy Business.
The O. B, & N. has secured for the
Oriental line out of Portland, two of
the largest steamships which have yet
been operated In the Pacific Coast trad
to the far East. Negotiations have been
under way for several months, but not
until yesterday were the details per
fected eo that public announcement of
the names of the first of the liners could
be, made. The vessels which have been
secured are the British steamships In
dravelli and Indrapura, and two other
similar-sized ships are now being nego
tiated for and will ba secured In time
to take their place in the regular service.
The Indrapura and the Indravelll are
twins. Both were launohed at the yards
of C. Connell & Co., at Glasgow, in 1897,
and their dimensions are exactly the
same. The only difference Is that the
Indravelll has a cubic carrying capacity
of 9700 tons, and the Indrapura of 96S3
tons. They are each 400 feet long, 49.2
feet beam, and 28.3 feet depth of hold, and
of 4S99 tons gross tonnage. Their dead
weight carrylpg capacity, which is slight
ly smaller than the cubic carrying ca
pacity, is 7500 tons of cargo, and 1200 tons
of bunker coal. They are modern "built
in every respect and are rated 100 Al in
Lloyds.
"While these mammoth steamers are in
tended principally for the freight bus-
S2&ByS3UUffltSES&fm--
eaSoidi1velthemfelonrtattVerTj-oodJl
.speedi Their englnesare of the triple
expansion type with" cylinders 28-44 and
73 Inches diameter of cylinder with 48
Inch stroke. They have bunker capacity
for 13)0 tons of coal, but as all of this will
not be needed on this route, some of the
space will be utilized for freight. These
big steamships will draw when fully
loaded 25 feet of water, and the O. R. &
N. Co. has secured them because the busi
ness warranted the use of vessels of this
size, and because thy had faith in the
Port of Portland continuing the work
of Improvement, which has been so effec
tive In giving this city a fine channel to
the sea. President Mohler left for the
Bast Monday, and in discussing the mat
ter -before leaving, said:
"I have no apologies to offer for giv
ing Portland tho kind of Oriental steam
ship service which our new line will en
able us to give the port. "Wo were hand
icapped in a number of ways which pre
sented us securing the steamers at an
earlier date, but we did not care to dls-
cuss the matter through the public press."
The Indrapura, which will be the first
SUMMARY OF IMPORTANT NEWS.
Federal Government.
The House ways and means committee consid
ered reduction of the stamp tax. Page L
No effort will be made by Congress to decrease
Southern representation Page 1.
The Assistant Postmaster-General pleads for a
wide extension of the rural free delivery.
PageS.
Philippines.
An ex-rebel chief will start In pursuit of
Aguln&ldo. Pago 3.
Asulnaldo Is said to be in Northern Luzon
PageS.
The grounding of the transport Indiana Is re
ported. Page 3.
China.
The allies at Pekln resolve on strong meas
ures. Page 2.
The United States will hold -Its own In the
concert. Page 2.
An allied force left Pekln for the great wall.
Page 2.
Foreign.
Kruger will land at Marseilles today or tomor
row Page 2.
Emperor William's war speeches were criti
cised In the Reichstag. Page 2.
The French Chamber of Deputies considered
the China budget. Page 2.
Domestic.
A tornado visited Tennessee and Mississippi.
Page 3.
The Methodist Ml'sionary Committee has con
cluded Its' meeting. Page 3.
A St. Louis Industrial convention urges the
passage of the Cullom bill. Page 5.
Pacific Const.
The opening of the Milton creamery, the first
In Eastern Oregon, was celebrated yester
day. Page 1.
Republicans In TVashlnrton will fix the blame
for Friak's defeat. Page A
Russia deals the Pacific Coast a hard blow by
putting a high tariff on flour to Siberia.
Page 4
Tacoma had a $00,000 fire. Page it
E. Gates was convicted at South Bend of mur
der in the second degree for killing Captain
Reeson. Page 4.
Senator Pritchard. of North Carolina, inter
ceded In person for pardon of Oregon con
vict. Page 4.
Commercial and Marine.
O. It. & N. Co. have secured steamers for
Oriental line. Page 1.
British bark Poltslloch chartered yesterday
Page 10.
Jaly grain fleet arriving out. Page 10.
Northern Pacific stock, booming In New Tork.
Pago ill
Boston wool market booming. Page 11.
Local. .
County Commissioners and Judges In session.
Page9
Juryman Frederick: B Klssey drops dead In
Courtroom. Page 12.
Bar Association recommends changes Unaeth-
A. od of adeaUwloa to us bar. fag a.
steamer to reach Portland, is due In
January; and the Indravelll wilj follow
about three weeks later. That tlere will
be no difficulty in' securing plenty of
freight for them Is assured bythe Im
mense business that Is offering to the
steamers which are now temporarily fill
ing In, pending the establishment of the
line. Two steamships have already left
Portland lor the Orient this ihontb, a
third Is In port loading, and a fourth is
due Saturday, with at least tvfo others
close at hand. Tet in spite of all of thH
tonnage at Portland, shippers are com
pelled to send flour to Tacoma and Se
attle by rail, one firm shipping a EOO-ton
lot this week, and andother firm 400 tons,
space being unobtainable on any of the
steamers leaving Portland. The same
situation exists regarding In-bound
freight.
The steamship Monmouthshire, which is
now en route to Portland, secured all of
the cargo that could be stowed aboard
of her, before she reached Yokohama on
her voyage this way, and cdt' out the
last port entirely, sailing direct from
Kobe for Portland, notwithstanding that
Bhe had heavy freight offerings at Yo
kohama. " The skarpsno, which preceded
her in Stevens' line, was also full to her
capacity, and the Milos, which Is follow
ing, will be Unable to handle all of the
freight that is offering. No other port
on the Pacific Coast can offer such in
ducements in the way of outward car
goes as is offered by Portland and for
this reason the new line will have an. ad
vantage which lines -from other coast
ports do not possess.
DEAL ONLY WITH VAN WYCK
Bishop Potter Will Not Prosecute
New York Police Officials.
NEW YORK, Nov. 20. Bishop Potter
will not deal with the police department In
the matter of vicious conditions in the
pro-Cathedral district, or in relation to
Insults .offered last September to the Rev.
George L Paddock, of the pro-CathedraL
He will deal solely with the Mayor of
New York. The Bishop replied to Presl
dept York tonight as follows:
"Sir I beg to acknowledge your com
munication of the 15th Inst. It is evidently
written under a misapprehension. In ac
cordance 'with the instructions of my
diocesan convention, I have lately ad
dressed to the Mayor of New York a pro
test concerning a condition of things In
the police department of this city, which
is a matter of public notoriety and con
cerning which you yourself are commonly
reported to have made the most unre
served admissions.
"Having compiled with the duty laid
upon mo by my convention, this particular
Incident? so far as I am concerned, is
closed. If the Mayor of New York de
sires to -see the affidavits of the two gen
tlemen referred to In my letter to him,
they will be forwarded to him at his re
quest." Reform "Wave In Chicago.
CHICAGO, Nov. 20. The City Council
took a hand last night in, the fight for the
suboresaion of cxime?and T)asscd.anonH-.l
',-.'T5i.ti: ,.... ;t.sr. ...... .1
jmiuicoiiioruje'vaQaiuon.- ocqKepoucemn
w me aepartjnent to meet me require-
ments on the force and to diminish tho
outlawry of the last two weeks. Before
this action waa taken at the Council meet
ing, however, the Police Department had
been busy In its "dragnet operations.
Officers armed with instructions to take in
every suspicious character they chanced
to meet filled the precinct stations to
overflowing. Nearly 400 arrests 'were re
corded up to last night, 30 well-known
thieves, pickpockets, burglars and high
waymen being among the prisoners.
THAWED THE DYNAMITE.
Two Men Blown to Pieces and a
Number of Others Badly Hurt.
DENVER, Nov. 20. A special to the Re
publican from Cheyenne, Wyo , says:
George Sanders and Patrick McCue were
killed, and a number of other men serious
ly injured, by an explosion of dynamite
at Elmore's grading camp on the Sherman
Hill cut-off of the Union Paclflc today.
None of the Injured will die. Sanders and
McCuo were thawing sticks of dynamite
around a camp-fire, when the stuff ex-
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"W. J. SPILLMATf.
ploded. Sanders was blown to pieces and
bits of his flesh were scattered In all di
rections, McCue's face was torn away
and he received internal Injuries. The ex
plosion tore a big hole In the ground, and
flying rocks did great damage. A narrow
gauge englno'and several cars which were,
standing on a sidetrack near the camp
fire were demolished, -and the engineer
and qreman slightly hurt. A score of.
laborers were standing around the camp
at the, time of the explosion, and it to a
m!raclr&U irero-&ot killed
BIG DAY FOR MILTON
Celebration of the Opening of
Its New Creamery.
IS THE FIRST IN EASTERN OREGON
Ushers in an Era of Good Times
Farmers' and Dairymen's Instl-
' tute Held in Connection.
MILTON, Or., Nov. 20. There was a
"coming-out party" here today for the
new creamery, and Milton made a sort of
a holiday of the occasion, because It
marked the establishment of the first co-
J. W.
operatereameEasarmQregon.,
In. connection with the enterprise, a' farm
ers' and dairyman's Institute was held.
It will conclude its session tomorrow.
Such interest was felt in the creamery
and the Institute that the unusual sever
ity of November cold, a stiff north breeze
and four Inches of snow, did not keep
neighboring farmers from attendance.
The creamery is the pride of the town,
which feels that It has pioneered an In
dustry which promises for tho Columbia
River Basin what it has performed for
Minnesota, Iowa and Wisconsin. Its In
stallation was proposed three months ago
by Colonel R. C Judson, industrial agent
of the O. R. & N. Co , who Induced a
committee of citizens to visit Minnesota
and Investigate the business. As to the
result, let Professor "W. J. Splllman, pro
fessor of agriculture of the Washington
State Agricultural College and School of
Science, speak. In answering tho ad
dress, of welcome this morning, he said:
"This Is the best-built and best-equipped
creamery I have ever seen. It represents
the finest machinery and hlgnest skill de
veloped In the butter-making industry."
Professor Splllman's unqualified pralsa
came after he with other visitors had
seen a churning Just before the institute
opened.
Among those who fathered the. cream
ery, which Is strictly a home institution,
are: N. A. Davis, manager of the Bank
of Milton; O. R. Ballou, R. M. Dough
erty, H. L. Frazler and William Nichols,
all farmers, stockralsers and fruitmen.
The cost of the concern, including lot
and building, boiler and engine, the best,
up-to-date machinery and appliances, was
'$5000. Its chief merit oven the ordinary
erawavy Ilea In tho "rlponlns" vat. TaJ
is a contrivance) of'comparatively recent,
date, for "ripening" cream; that Is to say,
for putting It at the best temperature,
and In the most favorable conditions for
churning. Its action Is automatic, and
consists of running the cream, drop by
drop, over colls of pipe filled with water
at the requisite temperature.
The plant represents labor-saving feat
ures brought to the ultimate point, and
is operated by two men. Davis, who
takes great interest in the enterprise,
said: .
"I believe the founding of the Institu
tion portends a period of prosperly to this
part of the country. It will enable many
orchardlsts, who have found In the cul
ture of fruit alone, smaller financial re
sults than they had expected, to win not
only a comfortable income, but also to
maKo a saving each month under ordi
nary circumstances. Our plan is to allow
to each patron In proportion to the butter
fat furnished, the gross proceeds of 'all
sales, less the actual expense of running
the creamery."
Industrial Agent Judson says it will be
BAILEY.
for any other city or town on its fine
which wishes to consider the matter.
When at 10 A. M. the Institute met at
the opera-house, Hon. E. L. Smith, of
Hood River, president of the State Board
of Horticulture, was elected president,
and Professor H. T. French, professor
of agriculture In the University of Idaho,
Secretary. Governor Geer sent a message
expressing regret that he could not at
tend and proffering his best wlBhes. Pro
fessor E. P. Greene, business manager of
Columbia College, made an address of
welcome and referred to Milton as a town
that ever wjelcomed good things, and
never permitted the bad. Professor Spill
man responded, paying a tribute to the
art of agriculture, and felicitating Milton
on the establishment of of such an Im
portant enterprise under such favorable
auspices.
C. L. Smith, of Minnesota, who for 20
years has been engaged In creameries and
has served as teacher, writer and state
ofilcer, spoke on "What Dairying Has
Done for Minnesota." He devoted him
self to facts and eschewed theories. He
declared that the co-operative creamery
did three things brought about better
roads, forced farmers and dairymen who
met every day at the creamery to confer
among themselves concerning their com
mon purpose, always with good results,
and created Independence by putting Into
men's hands every month the cash for
store bills. He emphasized the 'fact that
the skim milk from one good cow will
feed eight pigs and a calf. He asserted,
as an uncontrovertible fact, that $420 a J
year received in cash in monthly pay
ments brought more comfort, and went
further In an average American family
than 600 received In a lump after harvest.
Concluding, he summed up what dairy
ing had done in Minnesota. In part, he
sold:
'It brought us out of conditions unsat
isfactory Into conditions wholly satisfac
tory, from poverty to prosperity, from
being borrowers of money to being lend
ers of money; it gave us better homes,
better schools, better churches, better
roads, better social and moral con
ditions." ,
In the afternoon Professor Splllman
spoke of "Dairy Cattle and Their Food."
Ho told In a practical way and in simple
language, the good points to bo observed
in selecting a dairy cow. and explained
clearly the difference between food that
made beef and that which made milk.
Professor French told how to build a
silo. He had blackboard illustrations,
which, taken with hls-lucld explanations,
conveyed information that will enable
those who heard him to build the best
form of silos.
Jn the evening J. W. Bailey, State Dairy
and Food Commissioner, spoke on "Dairy
ing in Oregon." He stated that, whereas
one year ago, the Willamette Valley was
Importing butter, it is now exporting.
Since January 1 the exportations had ex
ceeded '1,000,000 pounds, sold at an average
of 20 cents a pound. He had every rea
son to believe that the Willamette Valley
would .furnish most of the butter which
In future will go to Alaska. The South
ern Pacific Company had taken hold of
the creamery proposition in earnest, and
pursued a broad and liberal policy toward
the dairying industry.
C. D. Smith spoke again, this time on
"Homemaklng." He counseled the farmer
to produce everything he could, soil and
climate considered, that will add to the
comfort and happiness of his family. He
should employ sunshine, grass, trees and
flowers to make his home beautiful and
attractive. As far as his means shall al
low he should measure the labor cost of
everything sold from the farm in order
to determine whether he can buy back
comforts for the home sufilcient to repay
the cost of production. Mr. Smith said
if he bad the making Of marriage laws,
he Bhould Insist on refusing a license for
a young; woman until she bad learned to
bo a good cookv and f orva young man un
til ho had demonstrated his ability to
jvldthseoeisiaecrfJtor&X8X3ilr.J0()tC00 eurplu. x
CHANGE IN WAR M
Secretary Gage Suggests Re
duction of $30,000,000:
MEETING OF HOUSE COMMITTEE,
Tariff on Tea Will Not Be Removed-
Conveyance and Proprietary
Stamps Eliminated.
WASHINGTON, Nov. 20. The Repub
llean members of the ways and means
committee met today to consider admeas
ure for the reduction cf the war revenue
tax. Thb most important action taken
was a decision not to remove the tax of
10 cents a pound on tea. The committer
will not take up or disturb the tarlffou
imports, as the members claim It would
open up the whole subject of tariff re
vision. The committee will not grant any hear
ings while framing the bill, as full hear
ings were given in the last session of
Congress, and since then briefs and state
ments of various Interests have been re
ceived. Persons who are Interested can
file briefs or statements with the com
mittee. Secretary Gage and Commissioner Wil
son, of tho Internal Revenue Bureau,
were before the committee for some time
during the afternoon. Tho Secretary told
the committee that In his opinion there
might be a reduction In revenue of $30,
000,000. The war revenue act now raises
about $100,000,000. Commissioner Wilson
went over the schedules with the mem
bers of the committee, and both he ana
Secretary Gage were questioned as to
"Where reductions could be made to tho
best advantage from the Treasury view
point. Much of the discussion was centered In
schedule B. which taxes medicinal and
proprietary articles and preparations, per
fumery, cosmetics, chewing gum, wines,
etc There was also discussion of tho
stamp taxes. The discussion Indicated
that the committee favored quite a
-change In this feature of the law, ana
reductions wherever possible.
The committee also desires to eliminate
the taxes on conveyances, of which thero
has been a great deal of complaint. , It
can be stated that It will be the aim. of
the committee to abolish the most bur
densome taxes and to grant relief from
stamp taxes as far as possible.
The committee, late In the day, called
on the President to obtain his views on
the proposed reduction.
The committee's conference with the
President lasted less than an hour. The
committee and the President agreed on
the desirability of tho reduction or aboli
tion of the war taxes where they hava
proved annoying and Irritating to Inter
ests Involved and have not produced much
revenue The President believes the sur
plus In the Treasury Is accumulating too
rapidly, and that conservative reductions
may be made safely or the taxes entirely
removed In some Instances. The Repub
lican" "members believe they will bo abta
After there has been a general Inter
change of opinion on the proposed reduc
tion. It Is quite likely that a subcommit
tee will be" appointed to draft a measure.
It Is not believed that this can be pre
pared and ready for the full committee
until the session begins. The measure,
after it is agreed upon by the Repub
licans, will be submitted to the Democrat
of the committee.
The suggestion has been made that thn
oleomargarine bill, now on the House cal
endar, and made a special order for De
cember 6, might be made a part of tha
war revenuo reduction bill. Representa
tive Tawney, the father of the oleomar
garine bill, when asked about this, said
that the oleomargarine bill will be passed
by the House early in the session, so thai
an opportunity will be given to ascertain
if there is a disposition to defeat tho
meauro by any unusual delay. In such
case, he Intimated the oleomargarine bill
might be made a part of the revenue re
duction bill in the Senate.
QUESTION OF REAPPOn.TIONME?nV
"So Effort Will Be Made io Decrease
Sonthern Representation.
WASHINGTON, Nov. 20. Representa
tive Hopkins, of Illinois, chairman of tho
House committee on census, which com
mittee will have charge of the legislation
affecting the apportionment of the House,
today expressed the opinion that thero
would be no decided effort in the next
session of Congress to decrease the Con
gresslonal representation of the South
ern States because of the disfranchise
ment of negroes. He said that in all
probability the subject would be dia
cussed, but he thought that, upon tho
whole, the committee would favor tho
plan of basing representation upon tho
number of Inhabitants. Discussing th
general subject of reapportionment, Mr.
Hopkins said: "
"The committee on census will meet the
first week of the session to frame a bill
providing for reapportionment. I think
that a proposition will be adopted which,
will Increase the present membership of
the House. It has been suggested that
we authorize one member for every 193,08
Inhabitants. That seems to be the ratio
that is in general favor among member
of the committee. This proposition would
entail an Increased membership of from
15 to 20 members.
"According to calculations I have made,
this reapportionment would add members
to the House from New Tork and Illinois,
and perhaps other states. States like Ne
braska and Maine might lose members
hby the proposed law. Some of the South
ern States might also suner rronr n
the proposition agreed upon, although to
what extent cannot now be ascertained."
Simon Gets Carter's Seat.
WASHINGTON, Nov. 20. In the next
Congress, Senator Simon Is to have a
very valuable seat, one In tho front row
to the left ofthe presiding officer, which
has been occupied by Senator Carter for
nearly four years. Simon guessed soma,
time ago that Carter would not be re
turned, and filed claim on the seat, which
will be his after March 4. It is an Inter
esting coincidence that one of the fltst
acts of Senator Simon in the Senate was
to call Carter down for unjust criticism
of Mr. Corbett in connection with tha
last Senatorial contest in Oregon.
Trest Companies Consolidate.
NEW YORK, Nov. 20. Tho trustees ot
the Atlantic Trust Company and the di
rectors of the Bankers' TrusJ Company,
at separate meetings, today decided- to
consolidate under the title and charter
of the Atlantic Trust Company. Tho con-,
solldation will become operative as soon
as the stockholders of both companies
ratify the action of tho directors. Tho
Atlantic Trust Company was organized
nearly 15 years ago, and it has at this
time a capital of $15,000,000 and 1600,009
surplus. The Bankers' Trust Company
was. formed a little more than a year ago.
with a paid-up capital, of .599,000 a4