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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Oct. 18, 1902)
I THE MQKNlNk OEEGONIAN, 'SATURDAY. OCTOBER 8, 1902. NOMQNEY PINCH Shaw Will Buy Govern ment Bonds. 1925 PAPER TO BETAKEN About $20,000,000 Will Be Put in Circulation, FOURS' VALUE PLACED AT 1371 fear of the Usual Crixis at Crop-Moving: Times .Is Removed Beyond A11 Reasonable. Doabt Financiers " Commend the Plan. WASHINGTON", Oct- 17.-Secretary Ehaw telegraphed instructions from Chi cago this morning to the Treasury De partment to give notice that he -would purchase for the sinking fund on Friday and Saturday, the 17th and 18th lnst, any United States 4 per cent bonds of the loan of 1825, and pay for them at the rate of 137 and Interest to date of purchase. The department will also accept the bonds .of the same issue until the close of business Monday, October 20, and pay therefor, on Saturday, the 18th lnst. This will ;glye an opportunity for any one to sell at the same price who may not bo able to make immediate delivery. Bonds may be pre sented to the Treasury Department, di vision of loans and currency, or at the office of the Assistant Treasurer of the United States at Chicago and New" Yorkl In this connection the department makes the announcement that Secretary Shaw, "when he was In "Washington last Monday, secured the option of $5,000,000 of 4 per cent bonds, at 138 flat, and this offer has been accepted. WHY SHAW TOOK THE STEP. Kellet in Sight for Banks "Which. Have Zcbs Reserve Than Required. CHICAGO, Oct. 17. Secretary of the Treasury Shaw, who is making a cam paign tour of this section of the country, in .referring to the Treasury offer to pur chase -bonds as announced from Wash ington, said: "What amount of bonds will be deliv ered on this proposition I cannot say, but I have assurances indicating that the purchase will aggregate at least $15,000,000 lace value, which will release a. little over $20,000,000. What few bonds there are are held either by trust estates that would not be released at any price, or by those who need neither the money nor the Inter est, and prefer to hold the Government securities. As soon as the Government becomes a purchaser prices advance. "Conditions which have made the pur chase of bonds, advisable are by na"means local. The September statement revealed the fact that the banks of Lincoln, Neb"., which should have had 23 per cent reserve, had less than 19 per cent, and the banks of Des Moines, which should have had 25 per cent, have had less than 20 per cent. While the money for the bonds has gone largely to Eastern holders, it will very naturally find its way into all channels jof trade." FINANCIERS PRAISE THE PIAN. All Fear of the Usnal Crop-Moving Crisis Is Now Removed. WASHINGTON, Oct. 17. The action of Secretary Shaw in offering to buy bonds for the sinking fund to relieve the present stringency In the money market Is favor ably commented on by financiers kh ere. It Is pointed out that the $15,000,000 of 4s which the Secretary expects to obtain under this offer will result in putting Into circulation in principal and interest about .$20,000,000, which at the late date In crop moving will, beyond all reasonable doubt, carry the country safely over the crjsls which Is annually expected at this period. Although the Secretary's ;-offer was not made public until noon today, the Assist ant Treasurer at 4 o'clock reported to the department that $8,203,400 had been al ready deposited in the Subtreasury there. Of this amount $5,000,000 was in 4s, the ac ceptance of which the Secretary has had under consideration for several days. It is expected by tomorrow night at least $7,000,000 additional will have been offered and accepted. SYNDICATE WILIj SELL BONDS. afew York Bank"will Turn in ?15, 000,000 Worth of Paper. NEW YORK, Oct. 17. It was definitely learned at the National City Bank today that a syndicate headed by that bank is to sell $15;O00,000 In 1925 bonds to the Govern ment. The syndicate is made up of the National City Bank, Harvey Fisk & Sons, Fisk & Robinson, Farson, Leach "& Co. and Vermllye & Co. The- Government having agreed to the purchase tf $5,000,000 at 138 flat, and any amount more of these bonds at the price named in Secretary Shawis- offer, $9,000,000 were turned in to day by the syndicate, and the Tcmalnder will be put In liter. Some of the mem bers of the syndicate are turning their bonds over . to" the National City Bank for delivery to the Subtreasury direct, but the Government checks made out at the Subtreasury in payment wllj all be made out to the credit of the National City Bank, which will make the distri bution among the members of the syndi cate. Vice-President Vanderllp, of the National City Bank, has represented Sec retary Shaw in the negotiations with the remainder of the syndicate. INDIAN BOARD ASSAILED. Oficial Says Members Are Allies of Grafting; Attorneys. ' WASHINGTON, Oct 17. Lleutenant Colqnel Randlstt, United, States Army, in charge of the Kiowa Indian reservation In Oklahoma, in his annual report to the Commissioner of Indian Affairs, vigor ously asSalls the. Indian Rights Associa tion and the Government Board of Indian Commissioners. The attack is brought out by statements made at the last Lake Mohorik. N. Y., Indian Conference, which the agent alleges are misrepresentations. "It is apparent," says the report, "that the tlmehas come when the righteous should, in praying for the Interests of this agency, pray God to save them from their friends, tfce Board of Indian Commission ers and She Indian. Rights Association, the latter having developed as allies of grafting attorneys who seem bent on rob bing the Indians of. the magnanimous pro visions made for them by the act of Con gress of June 6, 1900. This has encouraged the constant demand of Legislators and Congress that the possessions of the In dians of this agency be taken from them, and has engendered the want of confi dence and distrust which is disturbing the minds of the Indians, who" -have raised the question: 'What calamity have we to expect? " CADETS OBEY HAZING RULES. Superintendent of West Tolnt Re ports oa StHdcnt AJCairs. WASHINGTON. Oct. 17. Colonel A. L. Mills, superintendent of the Military Acad emy, has made his annual report to the Secretary of WaT. He says that the discipline-of the Corps of Cadets of the acad-. emy has been very satisfactory throughout the year. He makes the following refer ence to hazlqg: . "During the year there has been no re laxation of proper effort to make perma nent the reforms already accomplished bearing on the treatment accorded new cadets by their elder comrades. The reg ulations governing the subject have been carefully enforced, and with but one ex ception that Is worthy of note cadets have shown a soldierly regard for their obligations in the matter. The exception referred to the first under the new regula tion Is that of a cadet who, without au thority, made a fourth-claes man assume a constrained position, and used threaten ing and abusive language to him. For this offense the cadet was brought to trial by court-martial, and being found guilty, was dismissed. No one conversant with the progress new cadets now make ap prehends any ill-effect in training, from the passing of hazing." The maximum number of cadets Is 492. The academic year opens with 471 cadets, divided Into four classes. One cadet Is from Costa Rica and one from Venezuela, As a result of the examination for admis sion during the year the incoming class was 118. The health of the cadets has been very good, although the barracks have been overcrowded. The . board of health has reported that a great deal of malaria has existed, which was transmitted by mos quitoes. As a means of improving this condition, the report says that efforts will be continued to secure the permanent eradication of mosquitoes by draining and filling all, pools and marshes In the vicinity, and by conveying water running from springs and reservoirs away under ground. Navy to . Take Over Transports. WASHINGTON, Oct 17. Acting Sec retary Darling, of the Navy Department, conferred with Secretary Root, Quartermaster-General Ludlngton and General Gillespie, Chief of Engineers, at "the War Department today with regard to the transfer of the Army "transports'Hancock, Lawton and Relief, which are no longer needed in the transportation service, to the Navy Department for use as hospital or receiving ships. Arrangements for the transfer of Jurisdiction over the trails ports were practically completed today. ' Hay and Root Meet Roosevelt. WASHINGTON, Oct. 17. Secretaries Hay and Boot took luncheon with the President this afternoon, remaining at the White House more than an hour. As surance was given that the conference was not significant, this opportunity be ing taken to discuss some pending mat ters unrelated to the coal strike. Root Approves Field Gun Desl&n. - WASHINGTON, Oct. 17. Secretary Root has approved the recommendation of the Board of Ordnance and Fortifications as to the design of the new field gun. MEXICO DOESN'T LIKE IT. Clerical Press Makes Caustic Com ment on Pions Fnnd Decision. MEXICO CITY, Oct. i7. El Tlempo, a Je.ading clerical daily paper here, com ments sharTiy on the decision of The Hague tribunal In the matter of the Pious fund. In a leading article El Tiempo says the court mTght have condemned Mexico to pay an amount which would harvo ruined her without hesitation, and parodies the celebrated phrase, "Lfet-na-1. tlons perish, but let principles survive," as if the future of the country were to be subordinated to the prejudices of four old men burled In their studies and. who do not know through how many years of self eacrlflce Mexico has had to pass to accu mulate the sum in question which It In tended, to use to give increased Impetus to its progress, but which by a stroke of the pen It is forced to deliver to Califor nia Bishops, who, as 'the arbitrators well know, will employ it in anything but the .Improvement of the unfortunate Indians in whose behalf they have claimed It. El Imparcial, the Liberal morning paper, comments at length on the decision, which. It says, "proves that the arbitrators were, though highly respectable, not superhu man, although they made a sufficiently meritorious effort to be Impartial in declar ing the interest must be paid In silver." WAR ON BIRDDEALERS. New York Society Enters Upon an Extensive Crusade. NEW YORK, Oct. 17. What, promises to be a lively campaign on the part of the Audubon Society of New York State against the illegal traffic In birds and their plumage has been declared open at the annual meeting of the society In this .city. At the close of an illustrated ad dress on "The Present Demands for Birds for Millinery Purposes and What the Au dubon People Propose to Do About It," William Dutcher, of the executive board, read a statement addressed to dealers in birds and their plumage, in which, after rehearsing the state and Federal laws re lating to the protection of non-game birds, the society warned dealers of its inten tion to prosecute all violators of the law. Three thousand copies of this statement, which Is signed by Morris K. Jessup, president; Frank M. Chapman, chairman of the executive committee, and William Dutcher, chairman of the committee on laws, have been printed and will be sent to dealers, Audubon societies and per sons and organizations Interested. in orni thology. Executives' Telegraphic Tournament NEW YORK, Oct. 17. President Roca, of Argentina, has held a telegraphic tour nament in Buenos Ayree, communicating with the presidents of neighboring re publics, cables the Valparaiso, Chile, cor respondent of the Herald. At his request one of the Central and South American telegraph companies was connected at Buenos Ayres with the Argentina central office. President Roca conversed' by wire with Minister Terry In Santiago. The line was put through to Rio Janeiro via Uruguay, and the manager at Santiago communicated satisfactorily for some time with Rio Janeiro on the wire with five repeaters Great Electrical Power Project. NEW YORK, Oct 17. Engineers are Investigating the possibility "of usins the Susquehanna River for the develop ment of great electrical power, as is done at Niagara, and have reported favorably, says a Baltimore, Md., dispatch to the Times. Plans for the work have been completed with the exception of certain details of hydraulic engineering. It Is proposed to furnish light and power to Baltimore and many towns in the north ern part of the state between this city and the river, and also Elkton, Wilmington, Del., and other points east of the river. Schley Accepts Invitation. KANSAS CITY, Oct 17. Admiral W. S. Schley today accepted an Invitation from the Commercial, Club to be Its guest at the club's banquet on November 19t which will be held to commemorate the signing of the John Hay treaty. Kroner's Health Falling. NEW YORK. Oct 17. Cabling from Mentone, the correspondent of the Times says ex-President Kruger looks -infirm, and that the length of his stay in the Riviera will depend cn his health, ' STRONG IS INSTALLED EX-PRESIDENT OF U. OF.O. IN. LIKE POSITION IN KANSAS.. President Hadlcy'Makes the Princi pal Address, and Many Noted Men Attend Exercises. LAWRENCE, Kan.. Oct," 17. Frank Strong. ex-prc3ident of the Oregon State University, was today installed as chan cellor of the University of Kansas. The exercises were largely attended by "the alumni, and several' noted educators were present. Among the representatives from outside colleges present was President Benjamin Ide Wheeler, of the University of California. Arthur T. Hadley, presi dent of Yale, was the leading speaker. Governor W. A. Stanley spoke for the state, and Chancellor Strong, following, outlined his policy. Preceding the Instal lation was a procession of tho faculty and students from the main college build ing, where the exercises were held. The new hall had been, beautifully dec orated by the different classes and soci eties of the. college. There were 2500 per sons present Hon. Thomas M. Potter, of Ecabody, Kan., a member of the board of regents, presided. President Hadley .was warmly applauded when he arose to PROFESSOR FRANK STRONG. EX-PRE 8 IDEWT OF UNIVERSITY OF OREGON INSTALLED CHANCELLOR OF UNIVERSITY OF KANSAS. "speak. He dwelt upon the purposes of the American university, pointing out that the functions were different in va rious sections of the country. There were two ideas as to a university; one regard ing it as a coping stone to secondary edu cation, and the other as a place for laying tho foundation for professional study and work. "We should ask for the solution of our' university problem," he said, "not in the enforced addition pf a German course to an English one, but in a combination of tho English, spirit with the German or ganization. The great thing that the English colleges have always done, and the great thing that the best American institutions .are doing in their collegiate courses, is to lead the student to value some other ideas besides the commercial one. - "To effect this combination will task the best efforts of the leaders of American education, but they are destined to ac complish it For its accomplishment the fullest Interchange of mind and ideas be tween different localities Is an absolute essential. May the time be not far dis tant when there shall rise in the world of education, out of all the divergencies of thought some man or some men who can lead -us to the realization of National Ideals as popular and yet.as profound, as practical and yet as unselfish, as those which revealed themselves to the political vision of Abraham Lincoln." FIRST STEP TO BEEF TRUST Company Incorporated In New Jersey, With 91,000,000 Capital. TRENTON. N. J., Oct 12. The United States Packingj Company, which Is under stood to be the beef combine, was Incor porated here today with an authorized capital of $1,000,000. It Is understood 'that thl3 amount will be subsequently In creased to $500,000,000. The capital stock Is divided into one-half preferred and one half common. The dividends are to be paid upon the preferred stock semi-annually, but are not to be cumulative. The dividends, however, 'are to be at no time less than 1 per cent or more than G per cent per annum. The Incorporators of the company are Horace S. Gould, Frederick S. Steward arid Kenneth K. McLaren, all of whom are" clerks in a New Jersey cor poration agency. STORAGE BATTERY TRUST. Trade of United States nnd Europe Will Be Controlled. NEW YORK. Oct 17. It has just been learned, says the Herald, that another In ternational combination has been formed In the storage battery business, which practically controls the patents and man ufacture of storage batteries In this coun try, England and on the continent The deal was accomplished, It Is said, by New York financiers who visited London recently to settle the tobacco war. It was accomplished by the purchase of the English company controlling the manu facture of storage batteries, as well as the ownership of certain patents which hold good not only In the British- Isles, but In the leading countries of Europe. It is said to be- the Intention of the nw Interests to begin a process of develup ment work abroad, which will go hand in hand with the manufacture of 'electrical machinery. In England, In particular, and In Germany, there Is believed to be a great field for development work In the storage battery. The machinery end of the enterprise will be looked after by n Massachusetts electrical manufacturing company.,. MILL COMBINE'S BIG EARNINGS. Eastern Flonrlnpr Concerns Have Surplus of ?050,444 for Year. NEW YORK, Oct 17. Advance copies ot the first annual report of the Standard Milling Company, the successor of the old United States Flour Milling Company, show a surplus, af ter accrued Interest and organization expenses on bonds, of $655, 444. The balance sheet shows assets of $15,673,148. These Include the surplus earn ings of the following: Duluth-Superlor Milling Company, $349,845 and the Standard Company's proportion of the Hecker-Jones-Jewell Company, $359,728. In his report, Chairman Brayton Ives statesthat the company owns 24 mills, lo-. catcd in New York, Syracuse, Buffalo, Milwaukee, Duluth, Superior and Mlnne- apolls. As the mills of the company are scattered over a territory of iSOO miles In extent, he said, "It has, been difficult to secure under the receivership- the cpm munltyfof action whlchls" mosteffectivfr. Now,, however, each month snafks prog ress In the direction of harmonious work ing. Every, effort is being made, to In crease the foreign trade." , J. Edward Simmons, William L.,Bull and Edward Gould, whose terms as members of the board of vdlrectors expired, were re elected, at the" annual meeting, and Chas; P. Armstrong and Ji C. Kllnk.were added to If, increasing" the number of members on the hoard to 12. --' Bis Silver Coinage Sclieme In Deal. EL, PASO, Tex., Oct;; J.7. The Guggen heim's have secured options on all the mines around Parratr Mexico. It is re ported that they c'dntrol the Importation of gold arid' exchange throughput the Re public, and that, the options were secured in connection with a scheme In which the coinage of $50,000,000 worth of silver will form a "part. . , Insolvent Brokers Assign. NEW YORK, Oct. 17. Theodore Gllman and WlnthroD S. . Gllman, composlngthe firm of- Oilman, Son & Co., bankers and brokers, whese failure was announced yesterday,- today assigned for the benefit of creditors, to Bainbrldbe Colby. LlquorVTrnst Re-elects Officers. NEW YORK.- Oct. 17. At thex meeting of the board of directors of the Distilling AS Company of America, the Kentucky Dis tilleries & Warehouse Company and the Standard Distilling & Distributing Com pany, held in this city, the retiring officers In the various companies were re-elected. . Candy Trust Organised". ST. LOUIS, JMcw Oct. 17. The National hCandy Company, composed of candy firms all over the country, has been organized. St. Louis will be the headquarters of the combine. O. H. Peckham, of this city, was elected president; A. J. Walter, sec retary and F. D. Seward.vtreasurer. The combination is now in effect. LABOR AND MACHINERY. An Ancient Superstition Ably Brought to Book. Minneapolis Tribune. In the communication Immediately fol lowing a correspondent of the Tribune asks a question that has been repeated every time a. labor-saving machine has been Invented, and completely answered as many times in the record of human ex perience: In an article under the headline, "How tho Modern Farmer Farms," you say. In regard to the casollno traction engine: "It looks as If the sulky and gang plows, which have done so much to lighten the burden of the farmer, would "soon be superseded by moro formidable engines, and the horses that draw them turned out to grass or sent to Join the cavalry," and "It Is estimated that with a machine of this kind one man can do the work of 20 horses, with their drivers." Counting one driver to each team of two horses, the average number used In plowing, the above estimate suggests the question, Would the nine drivers turned out ot employment by each Of these machines be turned out to grass or cent to Join the cavalry with tho horses, or would they be supposed to Join the already, too large army of Idle, but willing to work. Infantry now roaming through the country? An intelligent answer in your valuable paper would be quite interesting to a certain class ot workmen. What has become of all the men who used to ewing scythes and cradles before mowing and reaping machines were in vented? What has become of the hand spinners and weavers of cotton and woolen fiber since the invention of looms? What has become of the laborers who used to pick cotton painfully by hand? What has become of all tho workmen who used to spend laborious hours In tedious manual labor to accomplish that which Is now done by machines with almost tho speed of thought? If they are roaming Idle through the country, persons who want men to do odd Jobs cannot find them. Never was employment so abund ant and labor so scarce as In the present period, when labor-saving machinery has been carried to the highest pitch of per fection. After the first Jar of transition, follow ing the Introduction of a new labor-saving Invention. Industry and commerce adjust themselves to the new conditions so as to i absorb the hand labor set free, and even to require more. Labor-saving devices cheapen prodpetion. and the reduced price Increases consumption, until more men are required to operate the machines than formerly worked by hand to supply a scantier demand. It Is- true of every' -industry that' labor-saving machinery actu ally Increases the total amount of labo'r employed by lowering price and Increas ing demand. The typesetting machines, by -which nearly ail typography Is now done, have been In use Just about long enough to give a useful answer to this question. That Is, the adjustment of labor conditions ti the new Invention Is complete, and the old conditions are recent enough to bo fresh In the public mind. It is the testi mony of printers that.'thcre Is more work for their cla&s than before and at better wages, though one machine docs the work of several men. The fact Is that the amount of typeoat'tlng and printing done has been Increased enormously by the in vention of these machines. One has only to note the lavish expenditure of type In newspapers, books and magazines, com pared with 20 years ago. to see where the Increased demand for labor comes from. This may not be a great blessing to the public, because much of the matter print ed is pretty poor stuff; but It makes plenty of work .for printers, and disposes of the theory that labor-saving machines swell the ranks of the unemployed. About 400,000 larks a year are sent from tho Continent to the London markets. WHITE RIBBONERS MEET NATIONAL CONVENTION OF THE, W. P, T.. UBEGINS ITS WORK. Lady Henry Somerset, World's Frcs , ident, and R4v. Henry Sanders Among Notable Visitors. PORTLAND. "Me.,. Oct 17. With pleas ant skies andMdeal Fall weather, the 29th annual convention of tho National Woman's .Christian Temperance Union opened here today. Every state In the Union Is represented. The sessions will continue until next Wednesday. Mrs. L. N. Stevens, president of the National W. C. T. U., and vice president of the World's W- C. T. U., presided. Lady Henry Somerset, president of the World's W. C. T. U., and Rev. Henry S. Sanders, of London, England, are among the dis tinguished workers present The convention was called to order by' President Stevens, who delivered herx an nual address. Tho report of the execu tive committee, which contains many recommendations, was read, and It will he referred to further In the regular order of business. Mrs. Susan M. D. Fry, of Illinois, made her report jxs correspond- lni conrotow Tho ronnrt ntntprf thnt thfi ing secretary? The report stated that the Manila organizer had reported that some ill will had been engendered by the "Ca vite victory." The Manila Union has pro vided for leaflets In Spanish and Tagalo, and has Its first native woman signer of the W. C. T. U. pledge, the wife of a native preacher. In a letter Mrs. Faxon, the woman's worker In the Philippines, said there were three things she had determined to do: "To get the union' where It will live af ter us; to get into the schools scientific temperance Instruction and inaugurate a system for distributing leaflets through out the islands."- Encouraging reports were read from Bermuda, Cuba and Mex ico. Giving extracts from reports of 18 organizers, Mrs. Frye saldr Unions organized by 18 organizers 120 Total number of young women's unions 40 Total number of W.s and Y.a reorgan- - lzed 55 Total active W. and Y. members se cured 4707 Number of nevy. loyal temperance le gions 60 Number of new L. T. L. members so cured 2021 Number of total abstinence pledges se cured 6920 The state unions among the colored women Increases the number of state and territorial unions to 63. Mrs. Amanda RItchey", organizer of Indian Territory Union, No. 2, and working under an ap propriation of the Frances E. Wlllard me morial fund, organized 71 new unions. The National treasurer, Mrs. Helen Morton Barker, reported that the Na tional W. C. T. U. fund had made a net gain of $7017 and receipts from the Fran ces E. Wlllard memorial fund were $4417 more than in any previous year. Pledges amounting to $1132 for Manila missionary work had been received, the treasurer said.. An evangelistic hour was conducted b$ Miss Elizabeth W. Greenwood, National evangelistic superintendent. Lady Henry Somerset, president of the World's W. C. T. U officiated at noon-tide prayer. At the afternoon session Mrs. Clara Parrlsh Wright, of Illnols, reported for the young woman's branch, of which she is general secretary. Mra Helen G. Rice, of Massachusetts, gave her report a3 general secretary of the Loyal Temper ance Legion. PORTLAND AFTER CONVENTION Disciples of Christ Convention Will Be Invited West in 1905. OMAHA, Neb., Oct 17. Nearly every seat in the Coliseum was filled when the firsts business session of the convention of the Disciples of Christ opened this morning. The convention proper was opened with an address by Mrs. J. S. Mc Cler of Nebraska, who said the pres ent convention was the largest In the his tory of tho denomination. Reports were, then heard. Mrs. Atkinson's report of the general board showed that 119 missionary pastors and 71 other missionaries were be ing supported by the woman's board. Thirty mission schools with 3000 pupils are being operated and two new stations have been opened during tho year In In dia. The total amount of money raised last year was $139,004. 'Detroit is seeking the 1903 meeting, and Portland, Or., is pulling for the convention In 1905. The afternoon session began at 2:30 with a devotional period led by Dr. Rosa Lee OxeV and Miss Elsie Gordon, of India, fol lowing which a report from the commit tee" on India was read by Mrs. A. M. Hag gard, of Iowa.' The address of the after noon was delievered by Mrs. W. C. Payne, of Kansas, whose subject was the "United Mission Study Course." A report on evangelistic work In the United States was given by Mrs. M. F. Miles, of Cincinnati. At 4 o'clock a members' conference was held, presided over by Mrs. Atkinson, of Indianapolis, the vice-president of the woman's board. ' At the evening session half an hour was devoted to prayer and devotional services, after which Dr. Susie C. Relnhart, a mlslsonary to Thibet, de livered an address on her work In that country. Mrs. Relnhart's husband and child were murdered and she was captured in the heart of Thibet, and her descriptions of those stirring times was delivered In a most Impressive manner. LIVESTOCK MEN IN SESSION. National Association Speaker Shows Evil to Come From Beef Trust. PITTSBURG, Oct. 17. The 15th annual convention of the National Livestock As sociation began hero this morning. The convention will close tomorrow night Three hundred delegates are In attend ance, representing livestock exchanges In Chicago. St. Louis. Indianapolis, Pitts burg,. Buffalo, Philadelphia, Milwaukee, Peoria, Louisville, Fort Worth, Omaha, Kansas City, St Paul and St. Joseph. After the reading of Secretnry Baker's report. J. B. tolarchford, of Omaha, read a paper on the beef trust The com bination Just formed, he said, requires a capital of $88,000,000 to absorb the prop erties of the various packing companies. It will require a profit of $100,000 a day to pay G per cent Interest on this cap ital. When they add $100,OOO.OCO more of watered stock It will take a dally profit of $250,000 to pay 4 per cent Interest. When this combination sees fit to begin opera tions It will practically place a mortgage on every head of livestock In the United States. This mortgage 'will have to be paid by the producers. Bisr Bankers' Meeting- Assnreil, NEW YORK. Oct. 17. Arrangements for the Sth annual convention of the 'Amer ican Bankers' Association at New Orleans, on November 11, 12 and 13, have been com pleted. The programme, which has just been completed by the committee on ar rangements. Indicates that the meeting will be one of the most Interesting in the history of tho organization. A number of amendments to the consti tution will be presented, among them be ing one for the establishment of a section of the dissociation to be known as the Savings Banks section, which shall meet annually In connection with the meeting of the association, and to embrace all mat ters relating especially to savings banks, with a similar programme and proceedings os the trust companies section, and be un der the supervision of the executive coun cil. Fraternal Union of America. DENVER, Colo., Oct 17. The Fraternal Union of America, which 13 holding Its quadrennial session here, today elected the following supreme officers: Supreme president F. F. Roose, of Omaha, Neb.; supreme vice-president, John L. Handley; supreme secretary, S. S. Batty; supreme .treasurer, W. M. Marshall; supreme" Jphyslclan, S, T. Mc Dermith; supreme protector, P. O. J3alley, cf Omaha; supremo guidfe. Eel T. Read, Hill Rose, Tex.; supreme stowards, P. J. Mclntyre, of Denver; N. Laser, of At lanta, Ga.; P. E. Coulehan. .of Boulder; S. P. Rico, of Dallas, Tex.; supreme guard, Oscar Floyd, of Birmingham, Ala.; supreme sentinel, J. E. Trogden, of Kan sas City, Mo. REVOLUTION AT AN END. Haytlan Forces Compel Flrmln to Flee "From Co tin try. WASHINGTON. Oct. 17. The following cablegram was received at the Navy De partment today from the Commander of the United States steamer Cincinnati: "Nicholas Mole, Haytl. Oct 17. St. Marie surrendered on October 14; natldnai forces occupied town peaceably. Cincin nati arrived at Gonalvc3 Wednesday noon. Flrmln evacuated Gonatvcs October 15. and has left by Hamburg-American Steam Packet Company's steamer for Mathew bton. Bahama Island, with about 250 ad herents, leaving no. government at the place. Have landed force for the protec tion of American Consulate, and to pre serve order. The German gunboat landed forces also. National forces are near at hand, and it is expected they will occupy Saturday or next day. All quiet there. It is considered practically the end of the revolution. I am returning to Gonalves immediately. I shall- embark landing party and will proceed to Cape Haytlen when affairs are settled at .Gonalves. No attempt has been made to blockade ports mentioned In my last telegram (St. Marie and Gonalves). French cruiser D'Assas arrived Gonalves Thursday, October 16. 8 P. M. ' MASON." Rebels nt Gonlavcs Capitulate. PORT-AU-PRINCE. Hayti. Oct. 17. The foreign Consuls at Gonalves, the head quarters of the revolutionists, after nego tiating with General Nord, commander of the government forces, have brought about the capitulation of that town. Gov ernment troops will enter Gonalves to morrow, and it Is hoped there will be no clash with the revolutionists. Detach ments of marines from the Cincinnati, D'Assas and Falk are at present guarding the foreign Consulates there. The Con sulates are filled with Refugees. Minister Powell at Snnto Domingo. SANTO DOMINGO, Santo Domingo, Oct. 17. United States Minister Powell has arrived here from Port-au-Prince, Hayti, on a special mission for his Government. WASHINGTON, Oct. 17. Minister Pow ell has gone to Santo Domingo, in order to lay before the government of the latter country, the claim for indemnity of the Santo Domlngoan Improvement Company, an American corporation, which alleges that It has been unduly deprived of cer tain valuable franchises conferred upon it by the Domingo government. 3IORE QUIET IN COLOMBIA. Pcrtlbmo Wires Thnt the Interior Is Entirely Pacified. WASHINGTON, Oct 17. Replying to an inquiry by the Colombian Legation here, Governor Snlazar, of Panama.' says the report that General Fernandez has de clared himself dictator of Colombia at Bogota Is without foundation In fact. General jrerdomf, who has just arrived at Panama, and assumed command of the entire force of Colombian troops on the Isthmus, says In a dispatch to the Lega tion that the Interior of the country Is entirely pacified. WANTS PEACE TO HASTEN CANAL. New Commander of Colombian Troops Reviews Conditions. PANAMA, Oct 17. General' Perdomo yesterday notified the foreign Consuls here that he had assumed the .functions of supreme commander of the Colombian forces on the Isthmus as well as those of Minister of State. In ah Interview today, with the representative of the Associated Press, General. Perdomo said: "With the exception of the Department of Panama, where General Herrera has his forces, and a few guerrilla bands in the Departments of Magdelena and Bol ivar, the republic is pacific. Traders travel through the country and are pro tected. Ther revolutionary leaders, Marin and San Martin, who havey'slven much trouble, have heen compelled to surren der. I received not many days ago ad vices announcing the retreat of the rebel leader Robles. In the Department of Bol ivar there remain today Tot more man 700 organized revolutionists. T lave been very agreeably impressed with this Ameri can forces on the Isthmus. At Cotn, the American Consul visited me and w very kind and amiable. "As the result of my conversation with the American Consul I have absolutely no fear that any difficulty will arise be tween Colombia and the Americans here, or the railroad. I think the landing ot the United tSates marines has been ef fective in maintaining free transit over the Isthmus. "I am a great friend of the United States and I admire that country.NI, and all Colombians, favor the construction of a canal by the Americans, and my sole object In pacifying the Isthmus is to make possible the meeting of the Colombian Congress to consider the canal bill. On the arrival here of our newly acquired cruiser, the Bogota, from San Francisco, and she Is expected shortly, I will concen trate my forces in this department and begin my campaign Immediately. The Colombian government can send 53.000 men here, but 10,000 Is all that I require." Rebellion Enters Upon New Year. NEW YORK, Oct. 17. Three yeare ago on Thursday the present civil strife In Colombia was begun by General Urlbe Uribe in Bucharamauga, Department of Santander, which town was captured by assault, and afterward recaptured by Gen oral Wllllmlzar, then Governor of Santan der, cables the Herald correspondent at Panama. The rebellion soon afterward spread over the republic, and still con tinues. NO MORE AMERICAN SHIPS TO GO. Navy Department Concludes One Vessel Is EiiourIi at Caracas. WASHINGTON, Oct. 17. It has been decided at the Navy Department that one United States vessel now at LaGuayra, the port of Caracas, Is sufilclent for the rresent neuds. The Marietta, the vessel referred to, might In case of need quickly send a guard uf marines and bluejackets to the United Stales Legation at Caracas If Mr. Bowen desired their presence, and r v igor Only 35? You look at least 60! Restore color to your gray hair. Keep young. Why not? No need grow ing old so fast. No excuse now that you- know how Ayer's Hair Vigor always restores, color. rs " The Survival of the Fittest" Herbert Spencer's apt phrase is applicable to bodies cor porate as well as individuals. That at the end of three quarters of a century the GORHAM CO." Silversmiths has outdistanced all its competitors means that it has survived because it is the fittest An ever-wakeful vigi lance has enabled it to preserve its original high standard and to maintain the purity of its silver, the beauty of its designs and the sincerity of its work manship. All responsible jewelers keep it STERLING even thl3 small guard, it is not doubted, would be sufficient for all purposes. Conditions Bail at Santa Mart. WASHINGTON, Oct 17. The Navy De partment today received the following cablegram from Commander Wilson, of the Panther, now at Colon: "Montgomery arrived. Condition ' at Santa Marta bad. Insurgents in small force, distance about eight miles. Bridges burned, railway trains stopped; 200 undis ciplined troops protect the towns; 58 for eigners; large interests. To open . port, one side or other must win." Venezuelan Battle Still On. WASHINGTON, Oct. 17. The greatest battle that Venezuela has ever had Is atlll raging, according to a cablegram re ceived at the State Department today from Minister Bowen. at Caracas. The dispatch Is dated yesterday, and reads 'v "Fighting continues at Victoria. No communication to be had with Valencia." LIMIT ON GAMIN 3 LOSSES Millionaires' Clnb Adopts a 8500O-Pcr-Wcek Rule. NEW YORK, Oct 17, Millionaires who are members of the :New Atlantic Club in Piccadilly will not be allowed, to lose more than $5000 a week at play, according to the rules, says a London dispatch to the Tribune. The club will be icomraon meet ing place for well-known men and cap italists on both sides of the Atlantic. About C20.0CO.CO0 cross ties are nor laid oc American railroads, and.-00.000,000 new ties art requtred annually for renewals. After E'dMg ISTausea between meals, belching, vom iting, flatuloncc, fits of nervous head ache, pain in the stomach, arc all symptoms ot dyspepsia, and the? longer it is neglected the harder itia to cure it. Hood's Sarsaparilla and Piils Radically and permanently cure it strengthen and tone the stomach and other digestive organs for the natural performance of their functions. Accept no substitute for Hood's. "I had dyspepsia twenty-five years and took diflerent medicines bat got no help until I began taking Hood's Sarcaparilla. Have taken four bottles of this medicine and can now cat almost anything, sleep well, have no cramps in my stomach, no burning and no distress." Mns. Wiluam G. BAnBETT, M OIr.e7 St, Providence, R. I. Hood's SarsapfirIHa promises to euro and keeps the promise. WORRY IF YOUR DEALER TRIES TO TALK YOU IMTOTHE MISTAKE OF BUYING ANOTHER MAKE, WRITE TO US. HEXtER, MAY & CO. PORTLAND, OH. ADACHE Positively cured by theso Little Pills. They also relieve Distress from Dynpep. d&. Indigestion and Too Hearty Eatlnj. A perfect remedy for Dizziness. Nausea, Drowsiness. Bad Taste in the Mou,tb. Coated Tongue, Pain in tho Side, TOH PID LIVER. They F.eculaia th Boy els. Purely Vegetable. Small Pill. Small DosCc Small Pflgu Kaawaya Ready Relief Is a cure f dre'very pain, lootbacasi tie&darae. neuralgia, rheumatism. SAVE FUEL"" SICK HE