Morning Oregonian. (Portland, Or.) 1861-1937, January 06, 1906, Page 3, Image 3

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TJBOE 3IORXI2sG OBEGONIAN, SATURDAY, JANUARY 6, 1906.
PARTI N G OF WAYS
First Clash in Senate Commit
tee About Rates.
DOLLIVER WANTS ACTION
Railroad Senators Seek Delay in the
Hope of Forcing President to
Compromise After Unlimited
Debate for Months.
"WASHINGTON. Jan. . 5. (Special.) A
clash between Uic Administration and
anti-Administration forces of. the Senate
committee on Interstate commerce is im
minent. Tljcy have almost reached the
parting of the ways on the question of
railroad rate regulations. One of the most
spirited controversies that has yet
marked these meetings. took place today
when the proposition was advanced to de
fer final action upon the rate bill until
the House of Representatives has made
its desires known by parsing a bill. Dol
llver, Tillman and Newlands were the
only so-called Administration members
present. They were outnumbered almost
two to one. They objected and declared
Xor immediate action. They wanted the
work of framing a bill to begin.
Railroad Men I'lay for Delay.
Chairman Elkins and Aldrich were
among those who suggested that it would
be better to defer action. Inasmuch as the
House was the popular branch, and legis
lation could be pushed through under lim
ited debate, while no such thing was pos
sible In the Senate. They said that opin
ion In the upper body could be crystallized
more readily if it were known what the
House desired.
Dolllvcr is striving so to amend his rate
bill as to meet certain objections of the
Democratic members of the committee. If
he can dj this, he can secure a majority
numerically, as Clapp and Cullom. two
other Republicans, it is said, will support
him.
Senate 3Iay Force Compromise.
Elkins declares there Is no" intention of
filibustering in the committee. It Is thfc
bolief, however, of the administration
men that, if rate regulation Is to be kept
out of the Senate for a month or more
Jonger, the President's policy may be de
feated, because the opportunities for un
limited debate and the consideration of
the great supply measures will make pos
sible chances of a compromise.
The House has gone forward with the
understanding that the Senate would re
port and pass a bill before it would be
called upon for action. The House com
mittee has had no hearings, while the
Senate committee has been occupied the
greater part of the Spring and Fall in
.hearings. It is thought it may require a
xnonth or six weeks to get a rate bill
out of the House committee and call It
up for consideration. Indications tonight
are , that the anti-administration forces
have won first blood in the great contest.
The same committee will not hold another
meeting until next Friday.
DODLIVEirS EFFORT AT ACTION
Railroad Senators Prefer to Await
Action of House.
"WASHINGTON, Jan. 5. The Senate
Committee on Interstate Commerce met
for two hours today and discussed rate
regulation in a general way. Senator Dol-
Hvcr's bill is regarded as likely to draw
administration support, and the author is
trying to shape it so as to draw some
Democratic support. The Iowa Senator
conferred with Senator Tillman for an
hour after the committee had adjourned.
Dolliver moved to take up bis bill and
consider it section by section. He argued
that, If the bill could be taken up and
all portions on which the committee could
,not agree be voted out, it would furnish
'a basis for an early report to the Senate.
He failed to obtain the adoption of his
motion or any decision in regard to it,
but It was agreed that an early consider
ation of the various pending measures
should be had. Tills agreement, however,
did not take the form of a definite pro
gramme. The indications are that the House will
pass a bill and that the measure will
come to the Senate before a report is had
from the committee on interstate com
merce. If the House passes the Hepburn
bill, that would bring before the Senate a
measure almost identical with the Dolliver
bill. Dolliver stated today that if his bill
is rejected by the Senate committee, he
will make a minority report which will
bring It before the Senate and that he
will move to substitute it for any measure
reported by the committee, if such a
measure is not satisfactory to the admin
If t rat ion.
As far as could be learned today the
feenate Democrats will not unite on anv
bill. Tillman and Newlands. both mem
bers of the Interstate commerce commit
tee, have bills pending. The former said
today that Dolllver's bill was an elabora
tion of the ideas that he had advanced in
his brief measure, and that he could sup
port it, "if no attempt is made to make
the Democrats the tail to the President's
kite."
of the House to frame these measures in
such a way that a sum of money, not
wnorfflpd. hut not to exceed a certain
amount, is to be used for tho particular
Improvement. The Senate Invariably has
changed such bills so that they appro
priate n fixed amount.
This system is regarded by the members
cf the House committeo as conducive to
reckless expenditure, and tnc memoers oi
tho committee will refuse to accept such
a hill hnroaflpr and nurDOfe forcing the
Senate to Indorse measures which will en
courage the completion of worn at ine
lowest posslLle cost and the saving of bal
ances which may remain.
This action oi the nouse commmco j
in lino Trttti thi c-encral onoosltlon the
House is offering to what is declared to be
encroachment of the Senate upon its
rights.
CONFERENCE AT WHITE HOUSE
Internal Affairs of Army and Navy
Under Discussion.
wiRMTvr.Tnv. .inn. 5. An Important
conference, which covered a wide range
of discussion of the internal management
or the War and Navy Departments was
held at the "White House tonight. It was
nr. T-Hr-inntf.fi in hv Secretaries Root; Taft
and Bonaparte and Attorney 'General
Moody, and lasted from v:w o ciock io
The proposed changes in tne navy
nnrcnnnM hill nffoctlnir the DrOmOtlon Of
officers, which is now before Congress,
were mentioned.
Prnm th lonirth of the conference, it
is believed that matters affecting the Phil
ippines, Panama, San Domingo, tnc gen
eral Board of the Navy and the General
Staff of the Army also may have been
brought-up.
IS RAILROAD SYSTEM A TRUST?
Rccdcr Suspect Pennsylvania Com
bine Is Contrary to Law.
WASHINGTON, Jan. 5. Representa
tive Recder, of Kansas, introduced a res
olution today requesting the Attorney-
General to investigate and report to the
House whether there exists or has ex
isted a combination or agreement be
tween the Pennsylvania Railroad System,
the Norfolk & Western Railway Com
pany, the Baltimore & Ohio Southwest
ern Railway Company, the Baltimore &
Ohio Railway Company and the Chesa
peake & Ohio Railroad Company or any
two or more of these companies in vio
lation of the anti-trust law.
REWARD BENNINGTON HEROES
Models of Honors and Gratuity for
Eleven Survivors.
"WASHINGTON. aJn. 5. Recognition of
the extraordinary heroism displayed by
the officers and crew of tho U. S. S. Ben
nington, when her boilers exploded on
July 21 last. Is contained in a general or
der Issued today at the Navy Department
by Secretary Bonaparte.
Each of the 11 members of tVii nmnr Via
"ben awarded a medal of honor and $100
gratuity. They are: John J. Clausey. chief
gunners inaie;.ueorge r. urocK. carpen
ters mate, second class; Edward Boers,
seaman: "Willie Cronan, boatswain's mate!
third class: Raymond E. Davis, quarter
master, third class; Emll Fredericksen,
water-tender; Rado Gribltch, seaman;
1Vflllam f Cho.trlAn VinonUol . j.
Oscar E. Nelson, machinist's mate, first
class; otto Schmidt, - seaman; Frank E,
Hill, shin' csook. first class.
The general order calls attention to tho
"extraordinary heroism displayed by the
umccrs ana crew oi me u. js. a. uenntng
ton at the time of th lnmpntn.hln rHuia.
ter which overtook that vessel while lying
on ban Diego, Cal., on the forenoon of
JU V 21. 1905. Thr rH1a wlilMi nxxiir
with such terrible suddenness and destruc
tion was met by the officers and crew
witt readiness and resource. Men griev-
OUSlj WOUnded forcot thplr own IninHna
and -ushed back in the shower of scalding
water, steam and ashes to rescue their
more unionunate shipmates."
HOUSE AND SENATE TO CLASH
Hous Resents Senate Encroach
matt on Control Over Money.
WASHINGTON. Jan. 5. The House
committee on interstate and foreign com
merce las decided to defy the Senate in
connect with all lighthouse matters and
similar bills which must be passed on by
the comautee. it has been tho practice
Our Great Sale jlipnian, HMfc & Every Article Reduced
" " i
Will Hear Objectors to Bishop.
WASHINGTON. Jan. 5. Because of the
absence of Chairman Millard and several
other members of the Senate committee
on tho Isthmian Canal, there will be no
meeting to consider tne nomina
tions of members of the Canal
Commission until after the Senate re
convenes on Monday next. Tho commit
tee Intends to give any persons desiring
:t the onnortunlty to be heard for or
against confirmation of the nominations.
Several Senators will take up the ques
tion of permitting a member of the Com
mission to be engaged in other business,
aiic they will protest against the payment
oc double salaries. After the nominations
of Commissioners have been disposed of,
it is said the committee will take up
the question of reorganization of salaries
to be paid to canal employes.
No More Jamaicans for Canal.
KINGSTON, Jamaica, Jan. 5. Tho
agents of the Panama Canal Commission,
who have been here for some time for
the purpose of hiring laborers to work
on the canal, closed their offices today
by orders from "Washington, owing to
Governor Swettcnham s attitude In re
fusing to allow laborers to go to Panama
without a deposit of X5 each. Mr. O'Con
nell, who was in charge, sailed for Colon
tonight.
Drydock Dewey's Voyage East.
HAMILTON. Bermuda, Jan. 5. Tho
United States tug Potomac, one of the
convoys of the floating drydock Dewey,
which left Annapolis, Md., December 28.
for the Philippine Islands, arrived here
today for coal and provisions. The Po
tomac reports having left the Dewey,
which was then in charge of the colliers
Caesar, Brutus and Glacier, about 103
miles oft Bermuda, The Dewey will pass
here tomorrow.
Express Companies Abolish Passes.
NEW YORK. Jan. S. The express com
panies have decided to join all railroads
in refusing to Issue passes for the carry
ing of business free of charge. Announce
ment to this effect was made today at
the office of the express companies.
Notes From National Capital.
Representative John Sharp "IVllllamw. the
minority leader In the House, has returned to
"Washington. In his absence. Representative
Champ Clark, of Missouri, took his place.
Representative Curtis, of KansaE, Introduced
a bill to permit grazing leases on Western
lands. It allows leases for periods of five
years under rules prescribed by the Secretary
of the Interior.
The Houoe committee on interstate and for
eign commerce will consider rate bills on Jan
uary 12. Nearly 20 bills are in the hands
of the committee, but it is HKcly that Chair
man Hepburn's measure will form the basis
for action.
Rear-Admiral II. Glass wilt retire from
active service on January 7. He will be con.
tlnued Indefinitely in his duties as com
mandant of the Pacific naval district, with
headquarters at San Francisco.
The Secretary of the Interior has with
drawn more than 1.000,000 acres of public
land in Arizona and New Mexico from all
forms of disposal except under the mineral
laws for Inclusion within forest reserves.
GAINS . FOR BOTH SIDES
Three Firms Adopt Eight Hours,
One Joins Typothetac.
NEW YORK. Jan. S. Tho Typograph
ical Union announced tonight that three
firms of employing printers, members of
the Typothetac, had accoptcd today the
demands for an eight-hour day and
"closed shop," and by tomorrow morning
about 150 of the striking compositors will
be at work. Early in tho day It was an
nounced that PoHey Sz Co. and A. G. Sher
wood had signed the union agreement, and
tonight the "Wynkoop-Hallenbeck-Craw-ford
Company settled with the printers.
On behalf of the Typothotao, it was an
nounced that the fight for the "open
shop" and the nine-hour day was going
forward steadily. The American Bank
note Company, it was stated, although not
a member of the Typothetae. had come
out for the "open-shop" principle. The
Typothetae announced, that 260 nonunion
men were now working in EO "open shops"
In the city, and that the number constant
ly is being added to.
To assure the nonunion men of perma
nent employment, tho Typothetac declared
that personal contracts for one, two and
three years would be entered into.
Strike Tics Up School Buildings.
"NEW YORK, Jan. 5. Frank tt.
Ryan, president of the International
Union of Structural Ironworkers,
today took "personal charge of tho
strike of the union men here for an
increase of pay from $4.50 to a day.
He eaid he found conditions so satis
factory that he did not consider it
necessary to call a National strike.
Work on 12 public schools In the sev
eral boroughs Is tied up by the strike
and the construction of other schools
will be delayed as soon as the mnsona
catch up with tho iron work. There are
between "5 and 30 schools under con
.truction In the city.
2000 New Spring 1906 Lingerie Waists
On Sale at Clearance
Sale Prices
The demand for White Lingerie Waists
is so imperative that .we urged the man
ufacturer to make strenuous efforts to
make us a large shipment at the earliest
possible date.
We are ready today with 2000 New Waists made of the finest
Mull, embroidered and tucked
$1.98
Other Splendid Bargains at
$1.38, $1.57, $1.80, $1.98, $2.17, $2.36, $2.82,
$3.61 up to $6.45
A particularly attractive lot of Waists, regular price 2.75,
is offered at
$18.50 to $15.00 Tailor
Made Suits $6.75
Fifty-five Ladies' Tailor-Made Suits of black
and navy cheviots and pan cheviots, all new
this season; made long and short-coat styles;
regular price $18.50, $17.50,
$15.00. Will be closed out at
$6.75
$18.50 to $15 Walking Skirts, $8.75
"Walking Skirts of finest quality chiffon Panama cloth in all the newest
shades of gray. Made in plaited and flounce styles.
Silk Coats, Values to $45 at $16.75
Silk Coats in tight-fitting and half-fitting styles; full length. Colors
arc black, red, tan.
Silk Tailor-Made Suits, Values to
$50 at $17.85
All made in most up-to-date styles in blue, green, tan, brown and gray.
Our Great White Carnival
Is the Best Opportunity for Procuring the Best Muslin Under
wear and the Finest Lingerie at the Lowest
Prices
CORSET COVERS in endless assortments. Great bargains
at 25c, 29c, 39c, 49c, 59c, 69c, 79c, 98c and up.
GOWNS of cambric, lawn and muslin. Great bargains at 59c,
79c. 98c, $1.39, 1.59, SL98 and up.
DRAWERS Great bargains at 39c, 49c, 69c, 98c, 1.39,
?1.98, etc.
SKIRTS of muslin and cambric vrith lawn flounces and
ruffles. Great bargains at 79c, 98c, $1.35, 1.45, 1.65,
1.98, 2.75 and up.
CHEMISE in short and combination styles. Great bargains
at 49c, 59c, 79c, 98c, 1.35 and 1.98.
TRENCH LINGERIE All those dainty pieces of hand
made French muslin underwear many of them classed as
objects of art also all of our Italian Silk Underwear
are on sale at much less than former low prices.
$1.50 Gloria Umbrellas at 98c
Mercerized Gloria Umbrellas, in 26 and 2S inches, for men and women, with a large
variety of new handles. Regular $L50 values at t.9S
Dress Goods Bargains
IMPORTED CREPE DE PARIS.
$1.00 quality pure silk warp Crepe de Paris, in full line of
colors for street or evening wear; 42 -inches wide; sold
always at $1.00, at, per yard 49
ZTBELINE 0L0AKENGS AT ONE-HALF PRICE.
$1.50 quality Fur Cloaking, 54 inches wide; navy and
brown: price cut in half :75
54-INCH BROADCLOTH MIXTURES.
$1.75 quality all-wool Broadcloth Mixtures, for tailor
suits, coats, etc.; Oxford and medium grays, browns,
castors; 54 inches wide, at 98
1.00 SUBLIMES 59c.
Imported silk and wool Sublimes, similar weaves to Lans
downe, 37 inches wide; cardinal, gray, pink, yellow,
rose, Nile, reseda, heliotrope, at 59
NOVELTY SUITINGS.
$1.25" all-wool Novelty Suiting, 54 inches wide; Scotch
tweeds, homespuns, boucle and camelshair novelties;
regular $1.25 values, at 65 $
$2.25 Priestley's Cravenettes, for Rain Cloaks, 56 inches
vide; Oxford, navy, brown, tan, castor, gray and mode;
plain and stripe effects, at $1.65
PLAIN AND FANCY VOILES AND ET AMINES.
$1.25 to $1.75 Imported Novelties in French Voiles, 45
inch plain Voiles, 43-inch French Voiles, Mistrals, Eta
mines, Panamas, etc 69 p
BARGAINS IN BLACK DRESS GOODS.
Blaclc Novelty Dress Goods, $1.50 and $2.00 quality, silk
and wool Crepe, Mohair and Wool Novelties, figured Sol-
iels and fancv Jacquards 69
BLACK NOVELTY DRESS GOODS-1.75 TO 3.00
QUALITY.
Silk embroidered Crepe, polka-dot embroidered Crepe do
Paris, silk and, wool crepe novelties, mohair novelties,
Priestley's silk and wool novelties, at $1.48
$1.50 Umbrellas 98c
Mercerized . Gloria Umbrellas,
in 26 and 28 inches, for men
and women, with a large va
riety of new bandies; regular
$1.50 values at 98
15c Flannelettes 8c
3000 yards of new Printed
Flannelettes in plain and satin
style weaves; pretty colorings.
$1.48 Corset Cover
Embroidery 95c
Corset Cover Embroidery in
boxes with beading to match.
Art Store Bargains
Mount Hood Pillow Tops ; regu
lar 50c, at 25
75c LUNCH CLOTH 45c.
Special designs in violets for
Pillow Tops; regular 50c,
at 25
50c Traycloths 25
50c Tapestry Tops 25
75c Bureau Scarfs '. .45
Bargains for Men
Handkerchiefs
Men's cambric hemstitched Handkerchiefs;
full size; regular 10c quality reduced to,
each 5
Men's cambric hemstitched Handkerchiefs;
full size; 12Vc quality, each 10
Men's pure Irish linen hemstitched Handker
chiefs; 20c quality reduced to 3 for 50
Men's pure Irish linen hemstitched Handker
chiefs; 25c quality, each 19
Muslin Nightshirts
Men's muslin Nightshirts, beautifully trim
med; made large and roomy; 63c quality,
each 47
Shirts
All our $1.50 Manhattan Shirts made of
madras or percale and all new, fresh goods,
no old-timers in lot, reduced to.... $1.19
Men's fine percale Shirts, made specially for
Lipman, Wolfe & Co.; all new, neat pat
terns, reduced to, each 89
-
r
IS. ' ' -Vii. Hi S I M
All Neckwear
Reduced
25c at 19 $1.25 at.. 98c
35c at 27d $1.35 at..S1.12
50c at 37 $1.50 at..S1.27
65c at 47 $1.75 at.. $1.47
75c at 57 $LS5 at..S1.63
S5c at 67 $2.00 at..S1.73
$1.00 at . . . .78 $2.25 at. .$1.87
And all others in like proportion.
Hosiery Bargains
Children's fine-grade ribbed cotton Hose,
double heels and toes and knees; full regu
lar made; 30c quality 19
Ladies' ribbed wool Stockings, merino heel
and toe, full length, seamless; 30c quality,
per pair 18 $
Ladies' fine cashmere Hose, full regular made,
merino tipped heels and toes; 60c quality
reduced to 40
Underwear Bargains
Ladies' fleeced Vests, high neck, long sleeves,
silk trimmed neck, drawers to match; 63c
quality reduced to. ... , 42
Ladies' fine-grade ribbed Union Suits, high
neck, long sleeves, silk taped; $1.50 quality
' reduced to $1.05
HANDKERCHIEFS
Scalloped and hemstitched embroidered
Handkerchiefs for ladies; 12Vo and 15c
values, each ." 9
100 dozen scalloped and hemstitched em
broidered Handkerchiefs; 25c val. 14
100 dozen all-linen embroidered hem
stitched Handkerchiefs, deaii-laundered ;
35c values for 19
5000 ladies' plain white hemstitched Hand
kerchiefs, lSy2. inches square; 7e values,
each 4
SHEET AND PILLOW-CASE BARGAINS
Ready-made Sheets ready for use, no
seams in the center of our sheets; every
one perfect and of good quality.
72x90 Sheets, bargain price 55
SlxOO Sheets, bargain price 60 $
45x36 Pillow Cases 17
50x3S Pillow Cases 18
54x3S Pillow Cases 19
45x36 Pillow Cases, H. S 25
HILLEH IS STILL COHEO
HELD AS WITNESS, BUT '0 AC
CUSATION IS 3IADE.
Says He Will Establish Alibi Moth
er's Will Iockcd in Safe, of
Which Key Is Iost.
NEW HAVEN, Conn., Jan. 5.-Coroncr
Mix. after hearing testimony this evening
and tonight relative to the death of
Charles A. Edwards, of New York, who
was found with a bullet wound In his head
at the home of Charles A. Hlller, Wednes
day morning, declined to make a state
ment. A Maxcy Hlller Is held by the Cor
oner's Jury as a witness, but Is at home,
guarded by a policeman. The Coroner
said tonight, however, that no charge of
any kind had been made against any per
son. A. Maxcy Hlller said late tonight
that he would establish an alibi when the
proper time came, but refused to discuss
the mysterious case further.
The witnesses In the Inquest today were
Charles A. Hlller and Margaret Reynolds,
the latter a servant In the house where
Mr. Edwards was killed. No statement
wai given out as to the purport of their
evidence.
Deadly Pistol Not Found.
One of the Interesting developments
during the day, and which at first looked
to be Important, was that Charles A. Hll
ler had turned over two pistols to the
Coroner for his inspection, the Coroner
later giving them to a gunsmith. It has
since developed that the weapons were old
nrearms which had been a part of a col
lection In the Hlller homestead for years.
Tho theory that the fatal shot was fired
with one of these pistols Is not seriously
entertained by the police.
Although the police have not given up
hope of finding the weapon which caused
the death of Mr. Edwards, they are con
vinced that It Is nownerc about tne Hlller
homestead. Today the Coroner ordered
tho search there discontinued.
Old 3Irs. Hillcr's Will.
A. Maxcy Hlller acted as legal and
financial adviser of his mother. He said
yesterday he believed she left a will, but
he declared he did jiot draw up the doc
ument. Mr. Hlller expressed the opinion
that the will would be found in an old
safe at the. Hlller homestead. The key of
this safe, he said, had been missing since
the death of bis mother, two months ago.
Although the report of the medical ex
aminer. Dr. Bartlett. who conducted the
autopsy yesterday, has not been given out.
It Is understood not to have thrown any
light upon the question whether the case
was one of murder or suicide. The course
of the bullet, which entered the head
through the upper part of the ear and
stopped Just beneath the top of the skull,
showed that It was fired at an angle, and
from a point near ttie shoulder, probably.
It was possible. It was said, for a man to
have Inflicted such a wound upon himself.
The body of Edwards was embalmed to
day and sent to New York, where It will
be" burled in Wood lawn Cemetery.
Mrs. Maxcy HIHcr today expressed ab
solute confidence In the innocence of her
husband.
Shot Fired at 2 In Morning.
It has been learned that the night
watchman at the Graduates Club, on Elm
street, a short distance around the corner
from the Hlller homestead, heard a pistol
shot on the night of the tragedy at about
2 A. M. Wednesday.
Mr. Arvlne". counsel for Hlller. said that
no writ of habeas corpus would be asked
for while his client was In detention un
der the Coroner's orders. He said further
that Mr. Hlller could have no motive for
killing Mr. Edwards, as the latter was
not an heir to the property of Mrs. Abi
gail Hlller. and his death would not In
any way help Mr. Hlller.
Indictments Against Sherrlck.
INDIANAPOLIS. Jan. 3. Special Judge
Wilson today quashed three of the nine
Indictments against ex-Auditor of 8tato
David E. Shcrrick, who recently resigned
on demand of the Governor. All the
counts charging conspiracy are removed.
Six Indictments remain, charging Mr.
Sherrlck with the larceny or embezzle,
ment of sums aggregating XS.537.
Trains Still Blockaded In Snow.
TOPEKA, Kan., Jan. 5. The Chi
cago, Rock Island & Pacific overland
passenger trains are still blockaded In
the snow In cuts on the plains around
Santa Rosa. N. M. Big rotary snow
plows and gangs of men have been un
able to cope with the conditions.
Itobbers Take Hum Money.
BUTTE. Mont., Jan. S. The Axtell sa
loon, at Basin, a mining camp 44 miles
north of here, was entered by two rob
bers early this morning, the safe cracked
and the proprietor robbed of about 11600.
The robbers escaped, though several pos
ses are "ooklag fr then. .
SCHIFFS NOTE OF AM
GAGE AGREES THAT CURRENCY
REFOR3I IS URGENT.
Docs Not Approve Schlffs Plan,
Which Its Author Explains
More Clearly.
NEW YORK, Jan. 5. Lyman J. Gage,
former Secretary or the Treasury, said to
day that he agreed with Jacob H. Schiff
In the opinion that a great panic Is In
evitable unless steps are taken to remedy
the Inelasticity of the existing currency
system. He said:
I agree positively with Mr. Schiff that the
monetary conditions which have existed In
this country during the lut 60 days are dis
graceful to us as a, Nation, and I further
agree with him that a Knnnlng panic U but
a matter of time unleos something Is done.
The more promptly and effectually this Is
done the better for the United States.
In my opinion there la no immediate dan
xer. but the danger 'Itself In apparent, and
if the country sits passive under existing con
ditions, the country will suffer. I do not un
derstand how any careful and (houghtful
financier can fall to realise the perlL
I e that Mr. Schiff object to Secretary
Shaw recommendation of an emergency cir
culation of hearlly.taxed bank notes, holding
that eueb a plan would facilitate speculation
rather than the legitimate intercuts which
stand In need at present. I mar say that I
believe Secretary Shaw's idea an exceltent
one. with certain modifications. With these
modifications. I believe his proposition would
provide a cure.
I don't care In the hort space of a netfs
paper interview to go Into details. My views
are embodied in report made by me as Sec
retary of the Treasury and in bills already
offered in Coagrers. I believe the work of
securing proper legislation to relieve the pres
ent circulation conditions is a high public
duty of the President a very high public
dutr.
Frank A. Vanderllp, vice-president of
the National City Bank, , said today that
he believed Mr. SchlfTs speech had no
application to the immediate situation.
He said:
Had Mr. Scfcitf thought that there was any
present danger he would not have regarded
this as an appropriate time to call pHblic atten
tion to that danger. He Is undoubtedly right
in saying 'that iqme time oar Hlogtcal CHr
reery "system '"111 caoee trevMe. Ithas cased
trouble In the last air weeks, but the Indi
cations are that the trouble Is about over.
A. Barton Hepburn, president of the
Chase National Bank and former Con
troller of the Currency, criticised Mr.
SchlfTs plan as Impracticable and unsafe.
"Certainly something has to be done."
he said. "Wc have no Government bank
to fall back on and some way of Improv
ing present conditions must be found."
AVhen Mr. Schiff was Informed this eve
ning that his plan had been criticised as
impracticable, he said that perhaps he
had not been understood. He said he had
no Idea of trying to Inflate the currency
by Issuing paper money against the com
mercial paper already in the banks, but
his Idea was merely to make more secure
the' plan already advocated by Mr. Shaw.
Mr. Shaw's plan, he said, was a pro
posal to let each national bank Issue 30
per cent more currency than It now Is
sued without any security whatever. Mr.
Schiff said he merely wished to have that
extra 50 per cent of currency secured by
the commercial paper In the banks. Mr.
Schiff added that he would not to to
work out the details of the general plan
he had In mind. But he reiterated that,
unless some sound scheme of stretching
the currency In time of need wefe found
by the National Government, the next
panic would be a disaster, worse than
the United States ever before experienced.
Seattle Lights Aro Dear.
SEATTLE, Jan. 5. (Special.) Seattle
has already used up a bond issue of $S40,-
00), on which interest amounting to 532.125"
Is paid annually, to install an electric
lighting system. Now city officials are
confronting the problem of providing still
more money, for the fund will be depleted
by February 1. The municipality has just
begun to sell light for commercial pur-
No Appetite
Means Iot of vitality, vigor
or tone, and is often a pre
cursor of prostrating sick
ness. This is why it is
serious. The bests thing
yon can do is to take the
great alterative and tonic
Hood'sSarsaparilla
Which has carsd tAOtxsands.
poses, and the revenue during December
was JS21.92. During the present month It
may be $1200. But monthly expenses are
between $1500 and J2000. and the system is
yet to be extended to all parts of the city.
Nineteen street lighting circuits are in
stalled, but at least 25 are needed. The
commercial circuits are additional.
ANARROW
Clapeco Shrank
Qaarter Sizes, witk tie loop
.j utuiia uia; run a. TguAsuuh
W CLUETT. PEABODY ACO.
Maszbs or Clcktt akd Mosakch Shuts
SICK HEADACHE
Positively cured by the
Little Pills.
They also relieve Distress from Dyspepsia,
"indigestion and Too Hearty Eating. A per
fect remedy" for Dizziness, Nausea, Drowsi
ness, Bid Taste in the Mouth, Coated Toogtat
Pain in the Side. TORPID IJVER. They
JRegukk: the Bowels. Purely Vegetable.
SmmM PW. Small Dos
Small Prlc