IS
THE MORNING OREOxONIAN, FRIDAY, JANUARY 2, 1903.
TOO BIG FOR PROFIT
Shawmut's Expensive Expe
rience in Oriental Trade,
NEARLY FIVE MONTHS ON ATRIP
Unable to Enter Small Tort in the
Orient Great Size Cause Delay
i in Loading and Un
loading:
The timid people who have been led to
believe that the mammoth 30,000-ton
stoamships which Mr. Hill is building for
the Oriental trade would put all of the
smaller craft out of business, will prob
ably revise tholr opinions, now that Mr.
Hill has been experimenting with some
vessels only half as large. The expensive
experience of the Boston Steamship Com
pany with the maiden voyage of the
Shawmut on the Oriental route out of
Seattle has caused some of the best-posted
shipping men on the Pacific Coast to ven
ture the opinion that Mr. Hill's record-
breaking liners will not reach Seattle for
many a year, In fact, may never ply In
the trade for which they were built. The
experimental voyage of the Shawmut has
also substantiated the belief that wher
ever there is business generating in a
port, steamers of a size to fit the port
can be operated at a profit, while abnor
mally large ones In the same trade will
show a loss.
The Shawmut arrived In Seattle July 22
and commenced loading outward a day
later for the Orient. She sailed from Seat
tle for Tacoma July 25, and at the lattor
pert received the greater part of the
cargo. Most of this cargo was lumber
from Ballard, a port which the Shawmut
could not enter on account of her great
size. She also received contributions from
other Puget Sound ports, and some heavy
consignments of flour from Portland, be
fore she Anally filled all of the fipace on
, board. Xatumlly, considerable time was
lost In securing cargo for such a big ship,
and it was August 22 before she sailed
for Tacoma. She called at Seattle the
same day, and proceeded to sea that
night. Being nothing but an overgrown
freighter, she made a slow trip across the
Pacific, reaching Yokohama September
12. She had only a small amount of
freight for .that port, and proceeded to
Shanghai, arriving there September 20.
Her big consignment of lumber was near
ly all for Shanghai, and owing to the great
size of the vessel she was unable to reach
the docks, but instead was forced to an
chor In the stream and discharge her lum
ber cargo on lighters.
This was slow work for a steamship in
which over a million good Boston dollars
were Invested, and It was October 13 be
fore she weighed anchor for Hong Kong.
.This port, which was the Oriental termi
nus of the line, was reached October 18,
and by shifting from dock to dock and
losing a great amount of time, she finally
succeeded In getting rid of all of her out
ward cargo except a small consignment
for Manila. She also loaded a small
amount of freight for this coast, and on
November S headed for home by way of
Manila. Having but a small amount of
freight to discharge or load, she did not
meet with much delay In the Philippines,
and on November 22 had worked back up
to Yokohama, where she took final de
parture from the Orient November 23. She
made a better run coming this way, and
arrived at Seattle December S, exactly 139
days after she commenced loading for the
outward voyage. She brought about 2500
tons of Inward cargo, and three days after
her arrival was again ready to load, her
actual time for the round trip, including
loading for the outward and unloading
from the Inward trip being 142 days.
The Shawmut is one of the largest
American steamers afloat. She cost over
51,000,000, and the expense of operating
her Is In keeping with her size and cost.
Her dally running expenses are said to be
M50, exclusive of insurance, depreciation
and Interest on the money Invested. De
preciation on a steamship is never fig
ured at less than 5 per cent, and the own
ers must accordingly write of $137 per day
for this item. Insurance at 4 per cent,
which is a low rate, adds another $109 per
day to the expense. The interest dh
51.000.000 is worth considerable per day.
even at a low rate, but so many Boston
investments in the "West have failed to
return any Interest that this Item is not
considered at this time. Taking the oth
ers running expenses, insurance and de
nreclation. and the actual cost of the
maiden trip of the Shawmut from Seat
tle to the Orient and return was t3S,sis.
On her outward trip she carried a record.
breaking cargo of 13.000 tons of freight.
and on the return trip brought about 2500
tons, a total for the round trip of 15,500
tons. This at a ?5 rate produced returns
of 577,500, leaving a deficit of 521.31S for
the trip.
This is all of the deficit that is appar
ent on the face of the statement, but
there are other sources of loss, the de
tails of which are not so easily obtainable.
The Shawmut carried considerable freight
from Portland on which the local rate
of $1 50 to Tacoma was absorbed. Out of
her earnings must also come office and
salary expenses for a large force of men
on both sides of the Pacific, pilotage In
half a dozen ports, advertising, and nu
merous other expenses. "Were It possible
to get at the exact figures. Including the
Interest on the money Invested at a very
low rate, It would undoubtedly be shown
that the Boston Steamship Company lost
fully $40,000 on the first trip of their big
steamer In the trade where she was ex
pected to cut such a wide swath.
Every disadvantage suffered by the
Shawmut on account of her great size
would be Intensified in the case of the big
steamers' which Mr. Hill is building osten-
- sibly for. the Oriental trade, and It is the
general belief among shipping men that
the astute Mr. Hill will never try the ex
periment of placing any larger steamers
on the route than, can be handled to ad
vantage at other ports besides the big
terminals on each side of the Pacific. It
S is argued that If his intention to place
his big steamers on this route had been a
certainty, he would never have permitted
another company to enter the field. It is
believed that in securing the Boston
Steamship Company for the experiment
' he was merely "trying it on the dog,"
and up to date he can hardly be pleased
-with the result The Shawmut is now
outward bound again, and on her second
trip got away with less than three weeks'
delay at the two ports. Seattle, and Ta
coma. Her second effort will be watched
with interest, and while it is hardly
within the range of possibility for her to
make more than actual running expenses,
she may make a little better showing than
was made on the first trip. It will, how
ever, require quite an Improvement in the
running time to offset the reduction in the
s freight rate which has since been made on
Government freight to Manila.
The owners of the Shawmut have cut
the rate from 55 per ton to 54 25, and It Is
more expensive carrying freight to Ma
nila than to Japan and China ports.
There is also a strong probability that
shippers who have freight for every
steamer and offer Jt without any speci
fications and red tape such as accom
panies Government freight will insist on
being granted the same rate as is paid
by the Government A 54 25 rate on a full
cargo of the Shawmut would net her own
ers nearly 510,000 less than the rate they
received on the maiden trip of the vessel,
when she showed a loss of from 520,000 to
540.000. Portland supplies more business
for an Oriental line than is supplied by
any other port in the Northwest, and v.ith
the proper number of steamers about hilf
the size of the Shawmut, will enable own
ers to show a profit where abnormally
large steamers can show only logs.
COALMINERS' EARNINGS.
Statistic For Strike Commission
From Lnckniraunn Company.
SCRANTON, Pa.. Jan. 1. Statistics on
hours and wages of employes for 1101 have
been forwarded to the Anthracite Coal
Strike Commission by' the Delaware.
Lackawanna & "Western Company.
Among the items of the summary ire
these:
Number of collieries, 19.
Number of employes, 11.292.
Average earnings of miners, 502S 93.
Average earnings of laborers, ?33 72.
Percentage of cars docked, 2.
Average number of 10-hour days
the
breakers worked, 203.
Average number of days breaker start
ed. 2C0.
Average number of hours breaker
worked per day, 7 S-10.
Average number of hours contract min
ers worked per 10-hour day. 0:53.
Number of company hands. 29SC.
Average earnings of company hands, !
5514 93. i
LAST
ONLY SURVIVING MEMBERS OF THIS OXCE FAMOUS TRIBE OF RED MEN.
GRANT'S PASS. Or.. Jan. 1. (Special.) The accompanying Illustration shows tho las and few remaining members of the
Rogue River tribe of Indians the tribe that' matched their barbarous forces against the pioneer troops In Southern Oregon dur
ing 1S55-5C. These last-remaining members are John Bradford and his family. To his left sits his squaw, to his rlrht his
squaw's mother and slater. John's home is al the mouth or near the mouth of Rogue River. He and his family spend their
Summers at Newport, where they sell baskets to the pleasure-seekers. John and the members of his family are of unqertaln
age. According to his own calculation he Is upwards of 00, his squaw Is considerable youncer, while her mother Is even more
aged and wrinkled than the veteran John. He can recite many tales of the bloody and pioneer days of the '50s, when the red
men looked with anger and disdain upon the encroachment of the whites. He claims to have been a member of Chief John's
trusty band of braves. Chief John was tho great chief and tho acknowledged leader of all the Rogue River tribes, though his
own band ot warriors never numbered more than CO. In all the bloody battles of 1S55-SG Chief John was the leading spirit of
the red men. He was the last to surrender, and not until he was made Drlsoner did hostilities cease. John Bradford Is an
Intelligent Indian and can converse entertainingly of the early wars and the struggles between the Indians and the whites
during the pioneer days of Southern Oregon.
Average earnings of boys, 5201 10.
Average earnings of all employes,
5432 G3.
EVERYBODY IIAS TO WALK.
Rochester Carriage-Drivers Strike
and Delay Many Fnnernla.
NEW YORK, Jan. L Owing to a strike
of the carriage-drivers of Rochester, N.
Y., nearly all persons who attended the
numerous receptions and other entertain
ments given in that city on New Year's
eve were obliged to walk, eays a dis
patch to the Times. Anticipating vio
lence, the police reserves were ordered
out early. A few carriages were permit
ted to take fares without Interference.
Several funerals must be postponed on
account of the strike.
STRIKE ON DETROIT SOUTHERN.
Cuts Off Supply of Coal From Six
Jackson Mines.
SPRINGFIELD. O.. Jan. L Superin
tendent J. C. Gleason, of the Detroit
Southern, was called from this city to
Jackson today to confer with the conduct
ors and brakemen of the Horse Creek
division, who, as a result of a demand
made one month ago for an Increase from
52 50 to 53. went on strike this morning.
As a result the coal fields of this road
are tied up, but it is 'expected a compro
mise will be effected tomorrow afternoon.
In this district are'the six large Jackson
mines.
ELECTRICAL WORKERS STRIKE.
Demand Increase of Wages nnd
Some Finns Give It, 1
INDIANAPOLIS, Ind., Jan. 1. All the
electrical workers In this city are on a
strike. They demand an Increase from
32& to 40 cents an hour. A meeting was
neia tnis arternoon Dotween employers wi u. pusi purucipie inaicauvc ot super
and employes, at which an attempt was j natural wrath.
made to reach a final settlement Four Professor Dana brought Bowen's frank
firms have already agreed to the Increase , remark to the attention of the faculty.
until a scale is arranged satisfactory to
all. In the meantime all the strikers "will
remain idle until all the employers agree
to a uniform scale.
CarrlaRC-Workcrs Strike for More.
AMESBURY, Mass., Jan. L Acting
upon Instructions given by their union
last night, 600 carriage-workers began a
strike here today. As a result of the
action, the principal industry of the town
Is badly crippled. The strikers some
months ago demanded a nine-hour day,
with an increase of wages amounting to
12 per cent of the present schedule, but j
me manuiaciurers reiusca to accede.
PRINCE MAY VISIT BOSTON
Heir to British Throne May Accom
pnny Earl Roberts.
BOSTON, Jan. L Earl Roberts will bo
the guest of the Ancient and Honorable
Artillery Company of Boston next Sep-
tember. This announcement was made by
Captain Otys, the commander, tonight
He also says the Prince of Wiles and his
uncle, the Duke of Connaught, may come,
accompanied by the Earl of Denbigh,
Lieutenant-Colonel of the Honorable Ar
tillery Company of London.
Plans for Teachers Convention.
BOSTON, Jan. 1. Department presi
dents of the National Educational Asso
ciation met tonight to discuss the methods
of conducting the National convention, of !
niati f ,. vm i -d.
6-10. A proposition to have papers occupy
20 minutes, with discussion following, and
speeches limited to five or seven minutes.
was approved. Fifteen of the IS prS
dents of departments were present
ITuSINESS ITEMS.
If Baby Is Catting Teeth,
Be sure and use.tcat old and wrZI-triefi remedj.
Mrs. "WlnslowV Soothing Syrup, for children
teething. It soothes the child, -wrten the sums,
allays all pi In. cures wind colic and diarrhoea.
Those unhappy persons who suffer from
nervousness and dyspepsia should use Car
ter's Little Nerve Pills, made expresly
for this class.
WAS A RIOTOUS STUDENT
MINISTER BOWE.V HAD A
T131E IS COLLEGE.
HARD
The Man of the Honr in Venezuela
Has Led a Strcnuons
Life HI History.
Horbert "W. Bowen, the Minister from j
this country to Venezuela, who is play-
mg 8ucn a prominent part in me present :
i imbroglio with Great Britain and Ger-
many. Is much more of a strenuous per- J
sonality than tne worm at large Knows, i
J says the Philadelphia North American.
Bowen was virtually put out of Yale
College 2o years ago necause ne snow
balled one of the professors. fcThe story
has not been told in print before this, and
it Is worth reading.
Bowen was not a docile student at any
time. He was fond of having his own
way, and as he was afraid of nothing, he
l usually managed to arrange matters
pretty much as he would have them. For
him the faculty had- no terrors. If he did
OF THE ROGUE RIVER INDIANS
not like or had no respect for an Instruc
tor, he never hesitated to show his feel
ings. Indeed, he seemed to have a natu
ral repugnance to authority.
He was, during his college days, as he
has showed himself to be since, an hon
est, frank and manly man. It is not re
called that he took a high rank in his
studies, nor did he shine in athletics. He
was, however, an accurate shot with
snowballs. Thoso who know him best are
not 'surprised athls success in diplomacy
a success which he has won, not because
he Is diplomatic, but because he Is hon
est straightforward and courageous. His
self-reliance is unbounded.
Merrill Moores, Assistant Attorney-General
of Indiana, Is very well acquainted
with the college life of Mr. Bowen. They
were in the same class '78. "W. A. Van
Buren, of Indianapolis, was also of the
Yale class of '7S. Moores may very well
know something of Bowen's college life,
for he was engaged with him In many a
college prank.
Bowen's War With Professor.
Moores probably recalls as clearly as
anybody, except Professor Edward S.
Dana and Bowen, just why Bowen called
Dana a liar. Bowen's refusal to apologize
for speaking his mind to the professor
caused the prescnf Minister to leave Yale
without a degree, although he had finished
his senior year and passed the examina
tions. One night the beautiful marble hall of
the select Yale society. Scroll and Keys,
was daubed with black paint
Bowen was arrested and tried in the
Police Court Professor Dana was the
chief prosecuting witness. He was a
member of the Keys, and swore that ho
saw Bowen engaged in tho painting.
After the trial was over, Bowen, being
acquitted, called Professor Dana a liar,
and it is Mr. Moores recollection that the
j Venezuelan diplomat emphasized "liar"
: iiowen was asked to apologize. He re
fused. His degree was withheld, and Is
still withheld.
Moores was editor of the Yale Dally
News, and when the trial of Bowen was
called in the Police Court the editor oc
cupied a front seat and had an abundance
of paper and pencils to record the momen
tous details. It was brought out that the
black paint used to daub the Scroll and
Keys hall came from Moores' room, and
it looked for a time as if Moores was an
accessory before the fact, but he says it
was shown that he had nothing whatever
to do with it
"How came you to have paint in your
room?". Moores was asked.
"We had It to paint signs with. It was
the end of the senior year, and we were
soiling our furniture."
?,n T? Bo - -
en In the trial. He says the professor mls-
i took the miscreant for Bowen.
j "The professor really believed that
J Bowen did it. and Bowen really believed
i that the professor ' was a liar," say Mr.
' Moores. "I am satisfied that Bowen did
not do it"
The select Scroll and Keys Society
aroused much enmity and all sorts of
pranks wore played. Moores and Bowen
used to stretch wires across the walks or
remove stones to trip the members when
they marched out of their little marble
("palace every Thursday midnight
Coniplninecl of Bowen' Music.
Bowen had ah Intense dislike for Pro
fessor Dana, probably because the pro-
I it-asur ruuiucu iu samara .nan, ana
ften mplalned of Bowen's continuous
' SlY1",,? 11 Ae.n
J," , , 4 n
i2,me !nf lrs pl?ylns' Chopi,n J'as
i Chopin.
One night Bowen slipped up behind Pro
fessor Dana and stole his silk hat off his
head. Bowen carried It on? triumphantly
to nl3 joom and hung It up as a trophy.
Bowen once quarreled with his father,
Moorca relates, because ' the father
thought him extravagant His father
withdrew support and ordered him to
leave college.
"Bowen said, 'damned If he'd leave,'
and he didn't Bowen sold or pawned all
his clothes and bric-a-brac except his un
derwear, a pair of trousers and an ulster.
He buttoned his ulster to the top to cover
his underwear, rfnd In this dress he went
to his classes. At the end of the year his
father relented. How he ever got through
the year Is difficult to understand. He
had a fine collection of bric-a-brac, that
brought him In a good sum. He didn't
sell his piano, though.
"Bowen was as bright a man as there
was In the class, but he stood near the
bottom. He Just managed to pass his ex
aminations without conditions. He de
voted his time to music, languages and
fun. He was already a fine linguist when
he entered Yale. He had been nrenared
fQr college Dartlv In France, where he
studied the modern languages and music. J
ne was the most eccentric man 1 ever
knew. He always went off on some new
shoot He was not friendly with many of
the class. They did not understand him."
Classmates Who Are Famous.
In Bowen's class were Baron TaJIrl,
Minister of Finance of Japan, who intro
duced the gold standard in Japan; Gov
ernor Allen, of Porto Rico; Governor
Taft, of the Philippines, and John Addi
son Porter, private secretary under Presi
dent McKlnley.
At the last five-year reunion of the
class of '"S, held in 1S9S. TV. A. Van Buren
relates that Porter told a story of Bow-
en's bravery when stationed at Barcelona
at the outbreak of the Spanish-American
trouble. Porter, being tho President's pri
vate secretary, was In a position to learn
what Bowen did when a Spanish mob of
3000 gathered In front of the Consulate.
Bowen waited out on the balcony and
faced the hooting Spaniards. After look
ing defiance at them he walked back into
his apartments, sat down at his piano
and played a tune of the Yale class of "78.
Van Buren tells another. It was in
Bowen's sophomore year, the yoar of the
Odd Fellows' riot Bowen had a pen
chant for getting into all sorts of
trouble. The Odd Fellows were drilling
one day, when the Yale boys drew near
and watched them. Soon the college
boys gave orders additional to those given
by the captalrii Confusion resulted.
Just then a loaded coal wagon came
along. The driver thought the boys were
.hooting at him Instead of the Odd Fel
lows. He began slashing his whip In the
crowd. He jumped off his wagon to slash
them.
Bowen jumped on his wagon and
dumped the coal on the ground. The Odd
Fellows charsed the boys with drawn
swords. The boys rushed behind build
ings. There was a great scramble, and
after It was over and every thin:: had
quieted down. Van BuTen says, there was
an Odd Fellow sword on the wall of
Bowen's room.
,Van Buren says Bowen was the tallest
man in college, except one, and always
wore a silk hat The tallest man was
Bexter, a professor, whom the boys called
"Dclk," from Greek "DelknumI," mean
ing to point out. Bexter once drilled the
boys an entire lesson on this Greek verb,
and they gave him the name, "Dclk."
Bowon had It In for "Delk," too. He
pelted him with snowballs one day, and
at the end of the term he found 510 In
finco was assessed against him. The pen
alty for throwing one snowball was $L
In the Vlncennlal Record, class of 3S7S,
Yale University, published In 1SSS, ap
pears -the following brief account of
Bowen's life by himself:
Story of Hid Life.
"Herbert Wolcott Bowen, son of Henry
C. and Lucy (Tappan) Bowen, was born
at Brooklyn, N. Y.. February 29, 1S56. He
fitted at the Brooklyn Polytechnic Instl
tute. He graduated from Columbia Col
lege Law School in 1SS1, with the degree
of LL. B. cum laude. Before this he had
made a lonz trip abroad. He resided
In New York . until he was appointed.
March , 1S50, Consul at Barcelona. He
Is a Republican: ho was appointed Con
sul-General by President Cleveland, Feb
ruary S, 1S95.
"He has written a book of poems, 'In
Divers Tones' (19S10. a books of sonnets.
i GenerHaxrano' ffiSo. published by Cu
pies & Co.. Boston, and a book. 'Inter
national Law' (ISM), published by G. P.
Putnam's Sens, New York. He is a mem
ber of tho Anteno (the principal club of
Barcelona), and the Royal Yacht Club,
Since 1SS3 he has passed two months
every year traveling, principally in
France, Spain, England and Switzerland.
He married February 2G at New York.
MIfs Augusta Floyd, daughter of George
and Augusta (FloydJ Vingcrt"
Professor Dana Is still at Yale. He Is
professor of physics and curator of the
tnlncralnglcal collection. He Is a son
of the noted geologist Merrill Moores
thinks Bowen will never apologize. It Is
Moores' belief that the student that
daubed the black paint Is now dead.
Postnl Business of New York.
NEW YORK, Jan. 1. Postmaoter Van
cott Is highly pleaeed by the figures of
the business of the New lork postofnee
for the year 1902. The total receipts for
stamps, box rents, etc., wao 512,425.795. The
same sources in 1901 yielded a revenue ot
5U.102.921. The profit to the Government
In the year was 5S.021.764. or 51.029,974 more
than In 1901. Tho quarterly increaso
amounted to 11 per cent
Louisiana Board for St. Lonln.
ST. LOUIS, Jan. 1. President Francls:
of the Louisiana Purchase Exposition, to
night received a telegram from Baton
Rouge. La., that Governor Heard had -appointed
F. G. Lee, Charles Schuler, H. F.
Gueydan and Edle Root as commission
ers to the "World's Fair, under the recent
act of the Legislature authorizing an ap
propriation of 5100.COO. They will elect an
active commissioner, who will have per
sonal charge of the work. The commis
sioners will meet and organize on Janu
ary 6.
ANOTHER ALLEGED REPLY
Which Falls, However, to Shotv How
Banks Trnflt From Panics.
ASTORIA. Dec. 29. (To the Editor.)
The Oregonlan of the 2-uh came out with
the following chip on its shoulder, and a
challenge to any of the parties named to
knock It off:
"We are waiting patiently for Milt Miller, H,
B. Nicholas. "W. Hampton Smith. J. B. Eleglcr .
or some other ot our voluminous publicists .
hereabouts to tear the mask of Insincerity from
the iew York bankers' pool of 530,000,000 In
aid of the money market.
The otherwise staid Orcgoniin has been
perpetrating some huge jokes lately, and
it becomes a question whether an accept
ance of the challenge would be agreeable
to It or whether a reply would find place
in Its columns. If made. To those who ate
posted on the question raised the appear
ance Is that The Oregonlan doesn't know
Just where It is at Supposing It to be
sincere, one of the parties named will es
say to make answer, hoping that some of
the facts will fall In good ground and
bear fruit Tho points Involved are of
universal Interest. Will The Oregonlin
permit me to defend?
I have seen no unfavorable criticism on
the 55O.0CO.000 syndicate organized to stave
off a financial panic. On the contrary,
every one ought to feel glad that there 13
a. 550.000,000 power to stand between tho
people and a very great danger along
financial lines, but to thoso who are fa
miliar with the finances of the land the
proposition Is not so roseate as might be
or as appears on the face. That there is
a necessity for such a relief cannot be
disputed, or It would not hive been or
ganized. All must feel regret at this con
dition of things. It Is difficult, however,
to see where the money Is to come from to
make the 550,000,000 available In a way to
help the masses.- It Is probable, yea, most
certain, that It is an I. O. U. issue for use
among those who by mutual agreement
are willing to take It as money. Accord
ing to the bank statements of New York
of the ICth and 20th of this month, such
an amount of money Is nowhere In sight
Tho report of the 13th, which Is practically
the same as that ot the 20th, shows but
5S.000.003 (In round numbers) surplus that
Is available, for the trade reserve of 521S,-
000,000, in round numbers, in lawful money
Is tied up by law to meet the claims of
depositors. However. If this syndicate
has the United States bonds to the amount
of 550,000.000 It can deposit them with the
Treasurer, and Uncle Sam can set his
big printing presses to work and strike
it off by the million per day, and all our
good Uncle Sam asks them for this paper
t Is one-half of 1 per cent per annum. We
certainly ought not to have hard tlme3
with such facilities as these to create
money: besides, it is "sound money," and
not like- the detested greenbacks and sil
ver dollars. If the syndicate docs not
have the bonds to deposit to get the bink
notes, the new finance bills before Con
gress authorize the Treasurer to Issue
in additional 50 per cent or thereabouts In
excess of the face value of bonds already
In soak for their face value. Why, the
making of plenty of good, sound money
by running the printing presses Is just as
easy! The syndicate ought to be able to
raise In this way that amount of money
and save the country from financial dis
tress. The only thing that looks unfair
about It Is that the syndicate gets Its
dollars for the paying of the printer's bill,
whllo we poor devils have to pay 100 cents
cn the dollar for them, besides bonus and
brokerage, hut that is a small affair, when
by so doing we can keep possession of our
farms a year or so longer. It is the Im
perative duty of these great banks and
syndicates to stand up like men and bear
these heavy burdens In the Interests of
their fellowmcn. They should shirk no
duty, no sacrifice, for the good of hu
manity. In his annual ddrcss at New Orleans,
some weeks ago, President Garrlck, of tho
National Bankers' Association, said that
business had so Increased as to make the
supply of money greatly inadequate to
transact the business and meet the de
mands of the people, .and that the supply
must be radically, increased at once. I
really thought it was Bryan till I turned
to the heading. The only difference
seemed to be that Bryan desired to In
crease the supply with silver dollars un
bound silver dollars while the president
cf the National Banking Association de
sired to increase the supply by means of
the printing, press and hot air, a much
cheaper method. Another of the speak
ers (I think It was Fowler) remarked
that the country was rapidly going to
tho bow wows; that foreign nations had
us by the ear to the tunc of 5300,000,000
and would make it hot for the Nation
unless the whble matter of finance was
turned over to the banks, with full power
to Issue notes In quantities to suit on any
old assets. It looked somewhat funny to
me, and I think It must have to The Ore
gonlan, for at the same time the Secre
tary of the Treasury had deposited with
the banks over 5150,000.000 of the people's
money, without Interest, to keep them
from going to tho wall. Besides this, the
teserves held against It were released. In
terest was anticipated for nearly a year
ahead, bonds were bought at excessive
premiums, all to save the banks from
ruin. -
Another of the bankers thought that to
save the Nation from bankruptcy the
bankers should be given a free hand and
allowed to charge what Interest they saw
fit, and In this way, when a financial cri
sis threatened, they could check It by
raising the interest to prevent specula
tlon. Great head that! The bankers nnd
syndicates should certainly have the grat
itude of the Nation for being willing to
stand under such a load for the good of
the people. Mr. Editor, these are no
creams. They were all printed In The
Oregonlan at the time, and mucn more,
and if the people. Including the editor.
would only read it (The Oregonlan) more
and study these questions they would be
better posted on what Is going on and be
prepared to enjoy the blessings of these
great financial philanthropists. You see.
Mr. Editor, that you have wrongly
charged at least one of the names con
tained In your chip. I say, all hall to the
syndicate that has so many different re
sources from which to raise Its 550,000.000,
all "sound money"! This same syndicate,
In Its enlarged sense, has nearly 540O.O01),
000, printing press money the soundest in
the world afloat in the United States, for
which they pay one-half of 1 per cent in
terest to Uncle Sam for guaranteeing their
payment in case it doe3 not A man the
other day was so ungenerous as to say
that it was fiat money and that no man
was bound to take It. I fear he was an
anarchist or a copperhead.
Now, Mr. Editor, as you were so un
kind and Inconsiderate as to punch me out
of the hole to which I had temporarily re
tired from the vexing finance question, de
mandlng a reason for my reticence, chal
lenglng me to speak, I speak to show
you that I am not unmindful cf the great
blessings showered upon us by these sac
rificing syndicates, that endure the bur
den3 of furnishing this great people with
money. W. HAMPTON SMITH.
French FInhcry Treaty Esplre.
ST. JOHN'S, N. F.r Jan. 1. The annual
French-British modus vivendl governing
the prosecution of the -lobster fishing In
dustry on the French 3hore of Newfound
land, expired yesterday. The colonial
government has agreed to renew this
agreement for the present year. In order
to avoid complications during the consld
cratlon of the Bond-Hay treaty in Wash
ington ' and London, but It Is believed
nere that Great Britain will arrange some
settlement of the ma'tter with France
during the present season.
NOBODY IS EXEMPT.
A Sew Preparation which Everyone
Will Xeed Sooner or Later.
Almost everybody's digestion is disor
dered more or les3. and the commonest
thing they do for it Is to take some one of
the many so-called blood purifiers. Which
In many cases are merely strong cathar
tics. Such things are not needed. If the
organs are In a clogged condition, they
need only a little help, and they will right
themselves. Cathartics Irritate the sens
itive linings of the stomach and bowels,
and often do more harm than good.
Purging Is not what Is needed. The
thing to do is to put the xood In condition
to be readily digested and assimilated.
Stuart's Dyspepsia Tablets do this per
fectly. They partly digest what Is eaten
and slve the stomach just the help it
needs. They stimulate the secretion and
excretion of the digestive fluids and re-
neve the congested condition of the glands
antj membranes. They put the whole dl-
gcstlve system in condition to do its
work. When that is done you need take
no more tablets, unless you cat what does
not agree with you. Then take one or two
tablets give them needed help, and you
will have no trouble.
It's a common sense medicine and a
common sense treatment, and It will cure
every time. Not only cure the disease,
but cure the cause. Goes bout It In a
perfectly sensible and scientific way.
We have testimonials enough to fill a
book, but we don't publish many ot them.
However, Mrs. E. M. Faith, of Byrd's
Creek. Wis., says:
"I have taken all the Tablets I got of
you, and they have done their work well
In my case, for I feel like a different per
son altogether. I don't doubt if I had not
got them I should have been at rest by
this time."
H. E. Wlllard, Onslow. Ia.. says: "Mr.
White, of Canton, was telling me of your
Dyspepsia Tablets curing him of Dyspep
sia, from which he suffered for eight
years. As I am a sufferer myself, I wish
you to send mo a package by return
mall."
Phil Brooks. Detroit. Mich., says:
"Your Dyspepsia, cure has worked won
ders In my case. I suffered for years
from dyspepsia, but am now entirely
cured, and enjoy life as I never have be
fore. I gladly recommend them."
It will cost 50c to find out Just how much
Stuart's Dyspepsia Tablets will help you.
Try them that's the best way to decide.
For Internal nnd External fixe.
Cures and Prevents Colds. Coujjhs. Sore
Throat. Influenza, Bronchitis, Pneumonia,
Swelling of the Joints, Lumbago, inflamma
tions, Itceumatism. JNeurau-sa. Headacne,
Toothache. Asthma, Difficult Breathing.
Ilodvvay a iteaay Keller is a sure cure ror
Every Pain. Sprains, Bruises, Pains In the
Back. Chest or Limbs. It wan the First and Is
the Only PAIN REMEDY that instantly stops
the most excruciating pains, allays inftamrsa
tlon, and cures Congestions, whether of the
Lungs. Stomach. Bowels, or other gland3 or
organs by one application.
A hair to a tcaapooniui in nan a cumoicr or
water will in a few minutes cure Cramps.
Spasms, Sour Stomach. Heartburn. Nervous
ness, Sleeplessness, Sick Headache, Diarrhoea.
Dysentery, colic, iiatuiency ana an internal
pains.
There is not a remedial agent in jne wona
that will euro Tcvcr and Ague and all other
malarious. Bilious and other Fevers, aided by
ItADWAY'S PILLS, so quickly as RADWAY'S
HEADY RELIEF. lliTl 11U1
TLE. SOLD BY DRUGGISTS.
RAD WAY & CO.. 55 Elm Street. 2ew York.
After Mental Exer
tion No Rest.
Nervous, Irritable
and Wretched.
Dr. Miles' Nervine Saved
My Life.
There is little joy in living when the dis
ordered nerves prevent sleep and rest; when
one wakes from a restless night more tired
than the night before; when one is forced to
draff through the round of daily duties with
out energy, ambition or interest. This con
dition is due to a derangement of the nerves
which may be speedily regulated and
strengthened by Dr. Miles' Restorative
Nervine. This remarkable medicine has a
wonderful record of cures. Supplying as it
docs the exact element needed Tor the res
toration of the nerve force and vitality, its
good effects are felt after the first few doses.
T have used your remedies myself and in
my family for the past seven years and it is
not too much to say that they saved my life.
The tired feeling I used to nave after giving
a few music lessons has left me entirely and
instead of lying in bed three or four hours
trying to get sleep and then getting up and
walking the floor until morning, I can now
go to bed and s'.eep eight, ten and twelve
nours without any trouble hen I think of
my former nervous, wretched, irritable state
I want to tell everyone what Dr. Miles'
Nervine has done for me. I can-do as much
work now in a day as 1 used to take a week
to accomplish. 1 think Dr. Miles' Nervine
is the best remedy for nervousness and gen
eral debility on earth." L. D. Edwards,
Prof, of Music, Preston, Idaho.
All druggists sell and guarantee first bot
tle Dr. Miles' Remedies. Send for free book
on Nervous and Heart Diseases. Address
Dr. Miles Medical Co., Elkhart, Ind.
ISflCIK
Psrtla ri't SstclHe Cites Isnedlatt Relief
URBANA. III.. Oct. 20. 1002.
Dr. Perrln. Helena. Mont.
Dear Sir: I have been trying
through the druggists here to
obtain another bottle of your
rpeclfle. as I have been a suf
ferer from them off and on for
feme years. I saw the ads. la
the P-I. of Seattle. Wash.,
some time In May last. At that
time I was 100 miles north of
Seattle, so I went down to Se
attle and found It. 1 have used
It up and have been trying to
get more. It has helred me very
much, more so than anything I
have ever used, and I have
seen very anxious to use another
bottle. Yours respectfully.
H. R CH VPT,Er
MLB SPECIFIC J
EVERYBODY DELIGHTED.
Xcwbro'it Ilerplclde Destroy the
DnnrtrulT Germ Permanently
and Cures Baldness.
Quinine and rum and a whole lot of
other things, are pleasant to rub on the
scalp after washing it free of dandruff,
but not one preparation of the general run
cures dandruff ard falling hair. It Is nec
essary to kill that germ, and to be perma
nently cured of dandruff, and to stop fall
ing hair. Ncwbro's Herplclde will posi
tively destroy that. germ, so that there can
be no more dandruff, and 30 that the hair
will grow luxuriantly. "Destroy the cause
and you remove the "effect." For sale by
all druggists. Send'10 cents in stamps for
sample to The Kerpicide Co., Detroit,
Mich,
THE PALATIAL
OHM BUILDING
Sot a rtnrlc olllce In tlie bnlldlnj
nli.Holntely fireproof; electric llghtl
ami nrtcxinn water; perfect anlti
tlon and thorough, ventilation; el
vators run day and nislit.
Roon
AINSLEE. DR. GEORGE. Physician... 413-41
ANDERSON. GUSTAV. Attomey-at-Law..CI
ASSOCIATED PRESS: E. L. Powell. Msr..Sl
ATJSTEN. F. C. Manager for Oregon and
Washington Rankers Life Association ot
Des Moines. Ia 302-31
BAKER. G. EVERT. Attorney-at-.Law t
BANKERS LIFE ASSOCIATION OF DES
MOINES. IA.: F. C. Austen. Mgr 502-31
BENJAMIN. IX. W.. Dentist 31
BEItNARD. G.. Cashier Pacific Mercantile
Co,
BINSWANGER. OTTO S.. Physician and
Surceon 40.-41
BROCK. WILBUR F.. Circulator Orego
nlan
BROWN. MYRA. M. D 212
BRTJERE. DR. G. E.. Physician... 412-413-
CAMFBELL. WM. M.. Modlcal Referee
Equitable Life
CANNING. M. J 002-ti
CARD WELL. DR. J. R.. Dentist
CAUKIN. G. E.. District Agent Travelers
Insurance Company
CHICAGO ARTIFICIAL LIMB CO.; W. T.
Dickson. Manager
CHURCHILL. MRS. E. J 71C-1
COFFEY. DR. R. C Surgeon 403-
COLUMBIA TELEPHONE COMPANY
GO4-G05-C0C-613-C14-
CORNEHUS. a W.. Phys. and Surgeon...
COLLIER, P. F.. Publisher; S. P. McGulre.
Manager
COX. RALSTON. Manager American Guar
anty Co., of Chicago
CROW. C. P.. Timber and Mines....,
DAY. J. G. & I. N
DICKSON. DR. J. F.. Physician 713-1
EDITORIAL ROOMS Eighth i'U
EVENING TELEGRAM 323 Alder SW
EQUITABLE LIFE ASSURANCE SO-1
CIETY: L. Samuet, Mgr.: G. S. Smith. I
Cashier
FENTON. J. D.. Physician and Surg.. ..3011
FENTON. DR. HICKS C. Eye and Ear..
FENTON. MATTHEW F. Dtrntlat
GALVANI. W. H.. Engineer and Draughcs-I
man . ....
GEARY.' DR. JS. P.. Phys?' and Surgeon...
GIESY. A. J.. Physician and Surgeon.. 7004
GILBERT. DR. J. ALLEN. Physician... 4ol
GOLDMAN. WILLIAM. Manuger ManhaM
tan Life lr.s. Co.. of New York 2ual
GRANT. FRANK S., Attorney-st-Law..
URlsWULD it PiIEGLEY. Tal.jrs ,
Ut Sixth Stl
HAMMAM BATHS. Turkish and Ruaalaa. '
oOO-wUll
HAMMOND. A. B
HOLLISTER, DR. O. C.. Physician and
Surgeon 3H
IDLEMAN. C. M., Attorney-at-Law.. 410-11
JEfKrtEid. DR. ANN ICE F.. Phys.
Surgeon Women and Children only...
JOHNSON. W. C 315-31L
KAO l , MARK T.. Supervisor ot Agents!
Mutual Reserve Life Ins. Co
Ll'i'ia.EFlELD. H. R., Phys. and Surg.
MACKAY. DR. A. E.. Phya. and Surg.ilJ
MANHATTAN LIFE LNSURAisCE CO. OF
NEW YORK: W. Goldman, Mgr
MARSH. DR. R. J., Phys. and Surg....
McCOY. NEWTON. Attorney-at-Law
McELltOY. DR. I. G.. Phy. & Sur.70l-7ui
McFADEN. MISS IDA E.. Stenographer. J
McGINN, HENRY E., Attornoy-at-Law..3J
McULlRE. S. P.. Manager x. F. Collier
Publisher
McKENZIE, DR. P. L., Phya. and Surg. .5 j
METT, HENRY
MiLLER. DR. HERBERT C. Dentist an!
Oral Surgeon -
MObaMA.N, DR. E. P., Dentist 511
AIL. i LAL REaERVE Hr'JS INS. COJ
Mark T. Kady, Supervisor of Agenta..OO
NICHOLAS. HORACE it.. Atlorney-at-Lav
N1LS.&. -.1. M c"iu.nler Alannaitan LI I
Insurance Company or New Xcrlc 1
NOViAuE. DR. U. H., Dentist
uLaEN J. K., General Manager Paclf
Mercantile Co 211-211
Oj.EooN CAMERA CLUit 214-J13-UI
ui..uO-N i.sru.MARl' OF OblKUPAiHI
OREwoNlAN BARBER SHOP; ilarsch
ucorge. I'roprieiora ...lu aixtn
U1..uU.Ma.N EDUCATIONAL BLKEAl
J. K. airauhal. Manuger
PACIFIC MEr.CAN'lil-i CO.; J. F. Olsel
General Munager
PORTLAND .iE AND EAR INF1RMAR1
Ground Floor, aixta
QU1MB1". L. P. .. Gam and Forest!
Warden
REED. C. J Executive Special Agent Ma
hattan Llle Ins. Co. of New Yor
REED. WALTER. Optician. ,.UJ Sixth
R1CKENBACH. DR. J. F.. Eye. Ear. Nc
and Throat .......7
ROSENDALE. O. M.. Metallurgist
Mining Engineer
RYAN, J. B.. Attorney-at-Law
SAMUEL, L.. Manager Equitable Life.. I
hHERWoOD. J. W.. State Commander
O. T. M '.
SMITH. DR. L. B.. Osteopath 4J
SMITH. GEORGE S.. Chjsuler Equltai
Lrfe
ST.OLTE. DR CHAS. E.. Dentist...
STOW". F. H.. General Manager Columl
Telephone Co
SURGEON OF THE S. P. RY. AND N.
TERMINAL CO
SUPERINTENDENT'S OFFICE
THRALL. S. A.. President Oregon Cam!
Club '.
TUCKER. DR. GEO. F.." Dentist
U. S. LIGHTHOUSE ENGINEERS. 13
DiaT. ; Capt. W. C Langlltt. Corps
Engineers, U. S. A
U. a. ENGINEER OFFICE RIVER Al
HARBOR IMPROVEMENTS; Captain
C. Langfltt. Corps of Engineers, U. S.
VESTER. A.. Sneclal Agent Manhaa
Life .-.
WILEY. DR. JAMES O. C. Phys. & St
WILSON. DR. EDWARD N., Physl
and Surgeon I.
WILSON. DR. GEO. F.. Phym. & Sarg.j
WILSON. DR. HOLT C, Phys. & Surg.l
WILLAMETTE VALLEY TELE. CO...
WOOD. DR. W. L., Physician 412-
.O file ex may be had by applylj
the superintendent of the bull
room 1101, second floor.
HO CUBE
HO PAY
thr nnERN APPLIANCE. A
wav to oerfect manhood. The VA
TREATMENT cures you without medJ
all nervous or diseases of the general
ni. mii h on lct manhood, exhaustive
varicocele, impotency; etc. Men are qui!
stored t rerfeet nealth and strength,
for circular. Correspondence con
T1XV. HEALTH APPLIANCE CO.. TOO!
Safe Deposit building. Seattle. Wash. I