Morning Oregonian., June 16, 1906, Image 1

VOL. XL.VI.-NO. 14,203.
PORTLAND, OREGON, SATURDAY, JUNE 16, 1906.
PRICE FIVE CENTS.
MEAT BILL
OF PUCKERS
Fact Will be President's
Trump Card.
ADOPTED AS THEY WROTE IT
Any Changes They Asked Ac
cepted by Lorimer.
TWO PEPPERY LETTERS
Roosevelb-Wadsworth Correspond
ence Tells How They Stand.
Member of. Committee Heady
for Roosevelt's Objections.
OREGON IAN NEWS BUREAU. Wash
ington, June 15. President Roosevelt has
yet to play his trump card against the
men In Congress who are endeavoring to
render Ineffective the Beveridge meat In
spection amendment to the agricultural
bill. It became known today that the
House committee substitute for the Be
veridge amendment was actually drawn
by tho Chicago packers and was report
ed by the committee exactly as request
ed by the men whom the President pro
poses to place under government inspec
tion. The House committee last Saturday
morning reached an agreement to report
Its substitute and immediately Represen
tative Lorimer left for Chicago with a
copy of the committee bill. He spent
half a day Sunday In conference with
the leading packers of his home city,
submitting to them the substitute drawn
by himself and Chairman Wadsworth and
accepted by the majority of the House
committee. The Packers went over this
proposed legislation very carefully, wrote
In many changes which they desired,
and asked Mr. Lorimer to do his best
to have their Ideas carried out.
Just as Packers Wrote It.
Mr. Lorimer hastened back to Wash
ington, submitted the Packers' ideas to
the committee, and the majority of the
committee actually adopted every sug
gestion that was made to Mr. Lorimer,
reporting a substitute for the Beveridge
amendment identical with that which was
endorsed by representatives of the Pack
ers in Chicago on Sunday. These facts
are vouched for by two members of the
House committee and they have sup
ported them to the President.
Good Club for Roosevelt.
Such evidence as this Is the strongest
klnd of a club for the President and will
do more than anything else to defeat
the committee proposition and force the
House to accept, something very similar
to the original Beveridge amendment; to
do otherwise, the House would have to
acknowledge that it was legislating at
the direction of the Beef Trust and few
Congressmen care to go into the cam
paign this Fall with any such record
to their credit.
Got Votes by Threats.
The two members who vouch for. the
facts above set forth also declare that
Wadsworth and Mr. Lorimer secured the
votes of the majority of the agricultural
committee for their substitute only by
intimidation and threats. They were
able to scare several timid men into
voting for this substitute and are re-,
ported to have warned these, members
that they would incur the wrath of the
Speaker if they stood out against his
will. Mr. Cannon up to this time Is
standing by Mr. Wadsworth and Mr.
Lorimer.
When the House takes up beef legisla
tion, scenes more sensational than any
that have occurred heretofore this ses
sion are expected.
MOT CORRESPONDENCE PASSES
Letter of President to Wadsworth
and Reply of Wadsworth.
WASHINGTON, June 15. The letter
which President Roosevelt wrote yes
terday to Chairman 'Wadsworth, of the
House committee on agriculture in re
gard to the meat inspection bill offered
by the majority of that committee is as
follows:
I have gone over your bill very carefully
and not only obtained a report from Mr.
McCabe, as I told you I would, but also ob
tained a report from Mr. Reynolds on It.
I am sorry to say the more closely I Investi
gate your proposed substitute the worse I
find It. Almost every change is one for the
worse, so that It hardly seems necessary for
me to enumerate them. Perhaps the amend
ment as you have now dcafted- it Is not quite
as bad as it was when you submitted It to me
In the first Instance, but It Is very bad, very
bad.
There seems to be one point on which it
Is possible that the amendment Is even worse
than the original amendment, if, as seems
likely, there Is no provision for making plants
accessible at all hours to tho Inspectors.
Doubtless Suits Packers.
In any event. I am sorry to have to say
that this strikes me as an amendment which,
no matter how unintentionally, is framed ho
m to minimize the chance of rooting out the
evil in the packing business. Doubtless it
suits the packers, who object to a thorough
going Inspection, much better than the Senate
amendment, and I have no doubt that not only
the packers, but their allies In business and
those atoekgrowers who are influenced by
them, would prefer it. But I am convinced
it would. In the long run, be a heavy blow to
the honest stockralser and the honest packer
to adopt these provisions rather than the far
better ones contained in the Senate amend-
NOT
WORK
ment; for, as compared with the Senate -amendment,
this proposed amendment, which you
tell me Is that of the majority of the House
committee, would hamper In the most groMly
Improper fashion the Secretary of Agriculture
In doing the work which you have appointed
him to do and will prevent even so much of
this work as can be done at all from being
well and thoroughly done.
Would Denounce Bill if Passed.
If the bill should go through la the form
that the majority of your committee proposes.
It might be that I should sign it as working
a slight improvement over the present law,
but. If so, I should accompany It by a mem
orandum explicitly stating how grave the de
fects were, and I cannot even promlae to sign
It, because the provisions about the courts,
as well ae about other matters, are so bad
that. In my opinion, if they had been delib
erately designed to prevent the remedying of
the evils complained of, they could not have
been worse.
It seems to me that the surest way to
keep our foreign trade 'proeperoua and. Indeed,
our Interstate trade likewise In a thoroughly
unsatisfactory condition and to prevent lta
resuming the position which It formerly had.
Is to enact the law In the shape proposed In
the amendments submitted to me by you.
Bill Is Perfect, Says Wadsworth.
Mr. Wadsworth's reply, dated today, is
as follows:
I received your letter last night. You are
wrong, very, very wrong. In your estimate
of the committee's bill. It Is aa perfect a
piece of legislation to carry .Into effect your
own views In this question as was ever pre
pared by a committee of Congress. Every
member of the committee is absolutely hon
est and sincere as yourself In his desire to
secure the passage of a rigid meat inspection
bill. They know the meaning of the English
language.
Provides Xlght Inspection.
To show how unreliable the Information Is
upon which you base your opinion of the bill,
I call your attention to the following lan
guage in your letter: "There is no provision
for making the plants accessible at all hours
to the Inspectors." If you will turn to page
4 of the bill (copy Inclosed), line 2, you will
find the following words: "And for the pur
pose of such examination and Inspection, said
f Inspectors ehall have access at all times to
every part of said establishments." Can the
English language be made any plainer?
Turn also to page 6, line 10, and you will
Lflnd this language: "The Secretary of Agri
culture shall cause an examination and In
spection of all cattle,- sheep, swine and goats
and the food products thereof, slaughtered and
prepared In the establishments .hereinbefore
described for the purposes of interstate and
foreign commerce to be made during the night
time, as well as during the daytime, when
the slaughtering of said cattle, sheep, swine
and goats, or the preparation of said food
products. Is conducted during the night time."
Therefore, in at least one of the two criti
cisms you make of the bill you must admit
that you are absolutely wrong.
You say: "Doubtless It suits the packers,
who object to a thoroughgoing Inspection."
Packers Want Rigid Inspection.
I told you on Wednesday night, when I
submitted the bill to you, that the packers
Insisted before our committee on having a
rigid Inspection law passed. Their life de
pends upon it and the committee will bear-me
out' in the statement that they placed no ob
stacle whatever In the way, but, on the con
trary, gave us many valuable ' suggestions,
based upon their practical knowledge of their
business.
Your other actual criticism of the amend
ment refers to the court review Clause. .The
worst that can be said of this clause Is that
It Is perhaps unnecessary that It Is already
covered by existing law: I have been taught
always to honor the judiciary of my country.
I have been taught always to respect the
rights of Its citizens and to respect the rights
of, property, and I cannot believe that the
mere repetition of a provision which guaran
tees to the citizen the privilege of an appeal
to the courts of the land when he believed
his property rights are threatened can be Just
ly or properly objected to.
The rest of your letter deals with general
ities and a general condemnation of the com
mittee's bill. If you or your advisers will
point out specifically wherein it actually falls
to accomplish your purpose I can assure you
it will be promptly remedied.
He Resents Innuendo.
You say further along In your letter: "And
I cannot even promise to sign It, because the
provisions are so bad that. In my opinion. If
they had been- deliberately designed to pre
vent the remedying of the evils complained of
they could not have been worse." .
I regret that you, the President of the
United States, should feel Justified, by innu
endo, at least. In Impugning the . sincerity and
the competency of a committee of the House
of Representatives. You have no warrant
for It.
SOIXTIOX OF PROBLEM XEAR
Member of Committee Accepts Sug
gestions of President.
WASHINGTON. June 15. As a result of
a conference at the White House this af
ternoon, a change has taken place which
may solve the difficulty In which the
House- committee on agriculture found
Itself after the President had indicated
that the substitute for the Beveridge
amendment was unsatisfactory. The par
ticipants in the conference, besides the
President, were James B. Reynolds, who
assisted in making the packing-house in
quiry for the President; Solicitor Mc
Cabe, of the Department of Agriculture,
and Representative Adams (Mass.), who
signed the majority report on the meat
Inspection substitute.
After discussing the House substitute
thoroughly with Mr. Adams, the Presi
dent indicated just what Tie desired writ
ten, into the law. Mr. Adams said, he
would be perfectly willing to accept the
suggestions and would work to that end
in the committee. The President told him
that he objected particularly to the court
review paragraph.
The President said to Mr. Adams that
he was not trying for any particular form
of words in the proposed law, but he was
after a substance that would be effective
and adequate.
THIRD REPORT OX IXSPECTIOX
Two Members of Committee Would
Divide the Expense.
WASHINGTON, June 15. A second mi
nority report of the House committee pro
viding for the Beveridge meat inspection
provision and signed by Haughen (Iowa)
and Davis (Minn.) was filed in the House
before adjournment today. The same
fault Is found with the review proposition
and the civil serVice amendment as in the
first minority report.
As to the cost of inspection, Haughen
and Davis believe the Government should
pay the cost of the ante-mortem and
post-mortem Inspection. They believe the
packers should assume the cost of such
further Inspection, sanitation, etc., as
may be necessary to insure clean and
healthful canned products.
It Is urged that a sufficient amount of
t Concluded on Page 4.)
ENTHUSIASM FOR
BRYAN IS REVIVED
Democrats Will Forget
Differences.
IF HE DROPS FREE SILVER
Government Ownership Main
Plank in Platform. 4
CAMPAIGN OF BUNCOMBE
Bryan's Skill at Game and Corpor
ate Clog on Republicans May
Make Roosevelt Only Can
didate to Beat Him.
OREGOXIAN NEWS BUREAU. Wash
ington, June 14. The enthusiasm with
which the revival of the Bryan Presiden
tial boom Is being received by Democrats
in Congress Is causing Republican leaders
to sit up and take notice. Up to a short
time ago tbe mention of Bryan as a Pres
idential possibility was regarded as a
joke; the "peerless leader" was listed as
a dead one. But tbe surprising popularity
of the twice-defeated candidate is begin
ning to make a different Impression; it
begins to look as If Bryan would have to
be considered when the next campaign
opens.
During the recent debates In the House
of Representatives frequent reference has
beeh made to Bryan, and the mention of
his name evokes as much applause as it
did In the days when he was crying aloud
for the free coinage of silver. But Bryan
Is not mentioned now as a free-silver ad
vocate;' this painful topic is carefully
avoided. 'He is held up as the friend of
the people, the enemy of the trusts and
the exponent of pure politics and clean
business. It is not the same Bryan who
faced the voters In 1896 and again In 1900;
it Is a new Bryan, with: new 'Ideas and
new theories.
Will He Revive Silver Issue?
One of the most remarkable things about
the revival of Bryan Is the fact that the
resurrection occurs at a time when Bryan
Is out of the country, at a time when he
has nothing to say for himself. His friends
are doing the talking; they are expound
ing what purport to be his views, and the
Democrats have taken up the cry and are
sTioutlng wildly for "Bryan and good gov
ernment." When Bryan lands in New
York he will see for the first time evi
dences of reviving confidence on the part
of his Democratic friends; his home-coming
will be very different from his de
parture. '
The leaders of the .Bryan agitation in
Congress are men who stood by the Boy
Orator in his two losing fights, but many
gold Democrats who bolted the party In
1896 . and 1900 are today advocating the
nomination of Bryan in 1908. They are not
as enthusiastic as the old free-silver Dem
ocrats, because they are suspicious of
their man. There is a marked fear among
this class that Bryan, If nominated, will
dig out of the grave the old silver Issue
and make that a part of his stock In
trade. If he should be nominated and
should revive the silver question, the gold
Democrats would again bolt. But until
there Is such a manifestation they are
willing to -get on the bandwagon along
with the original Bryan men.
Bryan, Hearst or Bailey.
If the Democratic National Convention
should be held today, the party would
have to choose between William J. Bryan
and William R. Hearst. Senator Bailey,
of Texas, would be In the running, but at
the present time either of the sensational
ists would be able to beat him out. Bai
ley's popularity is Just beginning- to grow.
Bryan and Hearst have been widely ad
vertised and both are posing as "friends
of the common people." Today the Demo
crats would have to choose between
Hearst and corruption and Bryan and
fanaticism. Hearst would be handicaped
by the opposition of Tammany, and prob
ably could not carry his own state. This
would go a long way towards nominating
Bryan.
Their Campaign Thunder.
It is evident that the Democrats will
attempt to reunite their paTty in the next
campaign on a reform platform. They
will denounce municipal, corporate and
Governmental evils that have been un
covered by the Roosevelt administration,
and will make their appeal to the people
on this one Issue. They will' overlook
the fact that the exposures have been
made by President Roosevelt, & Repub
lican, and will omit to mention the fact
that great reforms have been made by a
Republican Congress and a Republican
administration. The fact that great evils
were uncovered during a Republican ad
ministration is enough for them; they
will use this fact as an argument in favor
of a change.
The Democrats will be able to make
valuable capital out of the fact that a
number of Republican leaders In Con
gress have not been in sympathy with
the reforms wrought by President Roose
velt and his administration. ' Could the
will of these leaders have prevailed, there
would have been no purging of the meat
packing establishments of the country;
there would have been no check on the
land frauds of the West; there would
have been no prosecution of the Stand
ard Oil Company, the beef trust and the
great railroad combines; there would
have been no crushing of the coal trust.
Ignore Work of Roosevelt.
All these reforms were brought about
because Theodore Roosevelt was in the
White House. It was his influence that
passed the rate bill; that brought the
land thieves into court; that placed re
straint upon the corporations that were
throttling the will of the people, and he
did all these things with a Republican
administration and he procured the nec
essary votes in Congress from Republican
majorities in Senate and House. And yet.
on top of all this, the Democrats are
bringing Bryan forward to work further
reforms, while . attempting to fool the
people into believing that the Republicans
have accomplished nothing. Evidently
the Democrats are preparing for a cam
paign of buncombe. ...
Under these circumstances, Bryan is an
Ideal candidate. He Is the greatest bunco
artist known to American politics; he
Is probably better equipped to make a
campaign of this character than . any
other man the Democrats could bring for
ward, and he could probably get a bigger
vote than any other candidate on such a
platform. ...
Government Ownership the Cry.
There is no denying that the spirit of
reform is in the air, and along with this
feeling is a popular belief, growing out of
recent exposures, that Government own
ership of the great industries of the coun
try Is the only true solution of the reform
problem. Bryan, if he comes forward,
will be the advocate of Government own
ership of railways as the only means of
breaking up transportation abuses; he
will advocate Government ownership of
the packing-houses as the only sure meth
od of purifying a business-disclosed to be
rotten from the core; he will advocate
Government ownership of all the reat
productive Industries as the only means
of breaking the grasp of the corporations.
A campaign of this sort will have its
effect. It will take only clever campaign
ing to convince thousands of unthinking
voters that Government ownership Is the
sole salvation of the country, and Bryan
Is an adept at conducting such a cam
paign. He will appeal to the masses who
do not think for themselves; he will be
able to paint pictures that will appeal to
and convince these people, and among this
class he will be a power. He will do
more; he will appeal to many thinking
men who believe In Government owner
ship, and he will get the support of this
class if he lets free silver alone. If Bryan
will permit the past to remain buried and
will come forward simply and solely as
an advocate of Government ownership, at
the same time advocating municipal own
ership for the cities, he will be a more
powerful candidate than he was in 1896
and 1900.
This Is not an individual opinion; it is
the opinion widely expressed by conscien
tious Republican supporters of President
Roosevelt, men who realize the fact that
their own paity ii sorely handicapped by
such- men Uri "StuneUrJl C:?' AMriofc,
"Beef Trust" .Lorimer and the powerful
Senators who showed up aj consistent
friends of the railroads in the recent bat
tle In the Senate. Furthermore, these
men freely admit, In conversation, that
Bryan on a Government ownership plat
form would give any Republican candi
date, a hard fight, and it is the fear of
many that he could beat any candidate
but Roosevelt.
May Be Forced to Name Roosevelt.
It is interesting in this connection to
find many Republican Senators and Con
gressmen expressing the belief that the
Republicans will be compelled to renomi
nate Roosevelt In 1906 if the Democrats
hold the first convention and name, Bryan
on a Government ownership platform with
the silver plank left out. Roosevelt could
defeat Bryan overwhelmingly, lor the peo
ple have confidence In him; they know
what he has done to stamp out corrup
tion and to beat down corporate oppres
sion, and they know he would adhere to
that course through another four years.
If some other Republican should be nom
inated, voters would have their doubts;
there would be fear that he might take
counsel of the corporation men, and, rath
er than run the risk, the extreme reform
ers in the Republican party might be in
duced to vote for Bryan and Government
ownership. Roosevelt is accomplishing re
forms without Government ownership;
he believes in Government supervision and
Government regulation, and as iar as this
has been tried it has proven successful.
By the time the next conventions meet
the country will know more of the ef
fectiveness of Government regulation, and
will be better able to judge between the
merits of Government supervision and
Government ownership. .
BESEIGED IX ST. PETERSBURG
Bryan Declines to Commit Himself
on Russian Situation.
v ST. ' PETERSBURG, June 15. William
J. Bryan sailed this afternoon for Stock
holm He devoted the last day of his
stay In St. Petersburg to a call on Pre
mier Goremykin, with whom he had an
hour's talk, and to another visit to the
Lower House ot Parliament, where he
remained throughout the morning session.
For a time Mr. Bryan was the center
of attraction in the lobby of the House,
holding a regular reception of members
of Parliament who- were anxious to be
presented. Deputations of Jews and Poles
wanted him to define his attitude on ques
tions affecting them, and he was besieged
by foreign and Russian correspondents,
anxious to secure his views on the out
come of the Parliamentary struggle here.
Beyond an expression of profound
Interest In the fight the Russian people
were making for liberty and the deep im
pression made upon him by the Russian
Parliament, Mr. Bryan declined to make
a. statement.
Allow Nothing for Keep Board.
WASHINGTON. June. 15. Representa
tive Simms. of Tennessee, was Instrumen
tal today In defeating an appropriation
for the traveling expenses of the so
called Keep Commission, provided In the
sundry civil bill. The appropriation went
out on a point of order.
Wireless System on - Pacific Coast.
WASHINGTON, June 15. The Senate
amendment to the naval bill appropriat
ing 166.000 to establish wlreleas telegraph
stations along the Oregon, Washington
and California coast was agreed to by
the conference committee today, and the
money will be available July L
BANKERS WANT
A LAW PASSED
Honest Institutions
Need Projection.
SOLVENCY MUST BE ASSURED
Unworthy Rivals Profit in Its
Absence.
COMMITTEE TO DRAFT ONE
Bill Will Be Prepared Which Will
Be Presented to the Legislature
for the Regulation of State
and Private Banks.
TENTATIVE DRAFT OF BILL.
A banking bill tentatively drafted
by a committee of the association was
submitted to the convention last,
night and briefly discussed. Its con
sideration will probably be renewed
at today's session, which begins at 10
A. M. In T. M. C. A. auditorium.
The question or ' constitutionality
will be referred to legal counsel and
will not be allowed to delay the work
on the bill.
No formidable opposition as yet has
developed. The measure Imitates the
Idaho law and the bill which was de
feated in the Washington Legislature
last Winter.
The association will elect new offi
cers today and hold a banquet at the
Portland Hotel tonight.
Realizing the need of a bank law in
Oregon to Insure the safety of the peo
ple's deposits and to protect honest banks
from unworthy rivals, the Oregon State
Bankers' Association, In first annual con
vention In Portland yesterday and today,
gives unmistakable evidences that it fa
vors such art act, the same as does Its
sister association of the State of Wash
ington, which presented a bill for a law
to the Legislature ot the Evergreen
State last Winter a bill that failed to
pass, but that was. taken up by the, Idaho
Legislature and enacted.
The Oregon association will offer a sim
ilar bill to the Legislature of this state
this coming Winter. The measure is in
process of preparation by a special com
mittee composed of E. W. Haines, of
Forest Grove; E. V. Carter, of Ashland,
and H. Hlrschberg. of Independence, all
of whom are strong advocates of an act.
Favor Such Measure.
There were many declarations in sup
port of the committee's work yesterday
from members of the association and in
fact scarcely anybody protested against
it, not because they all want such a law,
as an influential member explained, but
because most of them agree to Its neces
sity, and the others, perceiving the futil
ity of opposition, will keep quiet until
they shall behold the finished draft of
the bill, when their opposition may crop
out in attempts at amendment.
The committee announced that though
It had been expected to have the bill
finished for the convention, It was unable
to do so because of the short time since
Its appointment. Chairman Haines, who
Is State Senator for Washington County,
said that the committee had found little
or no opposition to a bank law and that
the committee hoped to frame the bill In
such a manner that it would be accepta
ble to all interests. The delay, he ex
plained, came from the desire to (frame a
measure of this kind. Such a law, he
was confident, could be enacted without
Incurring antagonisms from the banking
fraternity. Mr. Carter and Mr. Hlrsch
berg, his colleagues on the committee,
held the same opinion, as did also J.
Frank Watson, president of the associa
tion. ,
Without Needed Laws.
Oregon and "Washington have no laws
to insure the solvency of state and pri
nts banks. They offer- fields for dis
honest bank schemers, who can set up a
bank without capital, install pretentious
looking furniture and do business solely
on the money of depositors, subject to no
special laws for supervision and regula
tion, and amenable only to the general
laws pertaining to corporations, partner
ships and individuals, which are entirely
inadequate.
A potent force in impelling: the State
Association to urge passage of a law is
the fer that unless the banking frater
nity shall put forth a bill to cover the
mutation, others wfll do so, with the re
sult that an enactment will be secured
hostile to banking interests.
Urges Draft of Bill.
The popularity of a supervision bill Is
admitted by every banker In the conven
tion, and the probability that vote-hunting
legislators at Salem would press rad
ical measures Is quite plain. With this
danger in mind. President Watson, in his
annual, address, urged the drafting of a
bill, saying: ,
The coming Legislature will no doubt pass
some kind of law regulating state and pri
vate banks. A committee of this associa
tion has for some time been at work prepar
ing a suitable bill to be acted upon by this
convention, as It Is a most important matter
to those banks Interested, as well as to all
of us. I trust you will take such action at
the time as Is necessary in finishing the
work commenced by your committee so that
It may be ready to be presented to the
Legislature.
In Oregon are 45 National banks, under
supervision of the Controller of the Cur
rency, and 100 odd state and private bank
and trust companies without any super
vision whatever. The Idaho law and the
bill that the association will recommend
will -provide for -regulation of the latter
class of banks, in wayfc similar to regula
tion of National banks, chiefly through
publicity of their finances and enforce
ment of a cash reserve minimum.
AVashington Wants Such Law."
The need of a law was ably set forth
by Miles C. Moore, of Walla Walla, pres
ident of the Baker-Boyer Bank, of that
city. He said that the executive commit
tee of the Washington association hoped
to secure passage of a bill at next Win
ter's session of the Washington Legisla
ture. Continuing, he remarked:
The executive committee has been actively
engaged In an effort to secure the passage of
a good state banking law. and hopes to suc
ceed at the next session of our State Legis
lature. Both states are now an Inviting
field for the operation of unscrupulous ad
venturers. A safe, a counter, the magic
word "bank" painted on a window, a dis
play "ad" in the newspaper explaining how
a deposit of a dollar a month, drawing
4 per cent per annum, win make the de
positor suddenly rich, and the enterprise is
fully launched. A confiding public Is easily
persuaded that It is good policy to assist the
new bank In "breaking the trust." Disaster
ensues. The receiver takes charge of the
empty vault and the sorrowing depositors
line up in mournful procession.
Banks have a common Interest In good
banking laws and In preserving high stand
ards to the end that they may enjoy and
deserve the confidence of the communities
they serve. Incapacity and dishonesty both
lead to disaster; one Is as fatal as the otner,
and how Is It possible, under our loose sys
tem of state regulation, or, rather, our total
lack of adequate banking law, for a depos
itor to determine whether a given bank Is a
safe custodian of his fund? Public state
ments and the frequent examination required
of National banks affords some degree of
protection. The failure of one or more un
sound - concerns often precipitates a pania
that involves in the general ruin the good
and the bad.
SHIPS AND ARBITRATION
Shaw and Bonaparte Speaks on His
Pet Topic.
BALTIMORE, June 15. The conven
tion of the National Credit Men's Asso
ciation closed with a banquet tonight
at the Fifth Regiment Armory, following-
which addresses were made by
Secretary of the Treasury Shaw, Secre
tary of the Navy Bonaparte, Senator
Carter, of Montana, Congressmen
Prince, of Illinois, J. Adam Bede, of
Minnesota,, and others.
Mr. Shaw declared his belief that a
crisis is rapidly approaching- when the
extension of our trade will be essential
to the continued prosperity of the
country, and he pleaded the cause of
the merchant marine.
Mr. Bonaparte spoke In favor of a
powerful Navy, and of the influence
of one upon the possibilities of arbitra
tion, and he suggested that, if the law
would permit, the great United States
battleship that is to be built would be
the greatest In the world and might
well be named "Peacemaker," or "Arbi
trator." CONTENTS TODAY'S PAPER
The Weather,
YESTERDAY'S Maximum
minimum temjerature(
.6S Inch.
TODAY'S Partly cloudy
casionai light shower.
temperature, M;
61. Precipitation,
with probably oc
Warmer. Westerly
winds.
ForHtni.
Rioting- renewed at Bialystolc and Parlia
ment sends committee of Inquiry. Page 3.
Peasants rioting and killing landowners In
Southern Russia. Page 3.
Movement to depose insane Kins; of Ba
varia. Page Z.
Horrible execution of Moorish murderer.
Page 3. .
English woman suffragists cause riot at
meeting. Page 2.
National.
President has proof packers 'drew up Wads
worth meat-Inspection bill. Page 1.
Correspondence between President and
Wadsworth. Page 1.
Committee prepares to change meat bill to
suit President. Page 1.
House votes for lock canal and President
will veto sea-level. Page 1.
Oregon Consul gets promotion. Page 5.
Politics.
Meaning of revival of Bryanism
.Democrats. Page 1.
among
San Francisco.
Newlands makes strong argument for Gov
ernment aid. Page 2.
Names of "square" Insurance companies.
Page 2.
More earthquakes last night. Page 2.
Liquor men. offer big price for monopoly.
Page 3.
Leaders in Congress agree to loan of $10,
000.000. Page 2.
Iomest lc.
Pierce falls to appear at Missouri oil hear
ing. Page 4.
Dowle tells of visions and breaks down In
court. Page 4.
Vaudeville theater trurt formed. Page 2.
Greatest day of Kentucky celebration.
Page 4.
Insurance company's scheme to hide re
bates. Page 6.
Sport.
Finals In the open championships) will be
played at the Waverly golf links this af
ternoon. Pajce 7.
Pacific Coast.
Sensational evidence given against Mrs. Le
Doux in murder trial. Page 6.
Harvey E. Burns, former Independence man,
killed by train In California. Page ft.
Coast lumbermen reject new cubical mini
mums at Seattle mass meeting. Page 3.
Memorial services held at Salem at reinter
ment of Jason Lee's body. Page 6.
Commercial and Marino.
Expected advance In sugar does not material
ize. Pace 15.
Stocks forced down by liquidation. Page lfi.
Chicago wheat market strong and higher.
Page 15.
Industrial reports favorable. Page 15.
Charges preferred against purser of F. A. K1I
burn. Page 14.
Steamer Kitsap is nearing completion at Sup
ple' s yard. Page 14.
. Portland and Vicinity.
Bankers committee think Idaho law should
be made for Oregon. Pave 11.
Bankers want law passed which will prevent
Insolvent institutions securing people's
money. Page 1.
Blllfl of lading and liability of railways dis
cussed at. Bankers Convention. Page 10.
North Bank road blasts away basalt cliff 180
feet high. Paae 10.
Portland Academy graduates its banner class.
Page 14.
Eleven students at H11 Military Academy are
given diolomas. Page 14.
Two policemen beat petty officers of cruiser
- Chicago and are arrested. Page 11.
Daughter secures divorce and eight days af
terward mother is given decree. Page T.
Democrats of Portland form, a Bryan club.
Page 11.
Corporation are preparing to fight the new
tax law. Page 10.
Work of the Eastern Star. Page 11.
Street pavement divided between, two com
panies. Paxe 1U
VETO IS AWAITING
SEA-LEVEL CANAL
President Approves Ac
tion of House.
GREAT MAJORITY FOR LOCKS
Burton Shows Members How
It Can Be Dug.
NO MONEY FOR SEA LEVEL
Teller Talks for That Type In Sen
te, While House Is Declaring
Against Morgan Forsees
Big Profit In It.
"WASHINGTON, June 15, If Congress
should send a measure to President Roose
velt providing for the construction of a
sea-level canal on the Isthmus of Pan
ama, he would veto it. This statement ia
made by authority.
The introduction by Representative Lit
tauer today of the amendment to the Item
In the sundry civil hill appropriating 128,
000,000 to ontlnue the construction of the
Panama Canal, providing that no part of
that sum shall be used in the construction,
of a sea-level canal, was done with tho
approval of the President.
HOUSE VOTES FOK LOCK-LEVEIj
Burton Points Out Advantages and
Littauer's Motion Is Adopted.
WASHINGTON, June 15. The House to
day by a vote of 110 to 36 voted in favor
ot a lock canal across the isthmus of
Panama, the amendment to the sundry
civil to this effect being presented by
Littauer of New York.
. With members of Congress sitting on,
the short steps In the aisles of the House,
around the apace In groups, the galleries
filled and with Burton, of Ohio, pointer
In hand, discussing charts to show the
difference between the sea level and lock
canal, the House presented every appar
anc ot a class room.
Mr Burton took a position In front of
th maps and called attention to the vital
difference between the two types, re
marking that, were the topography un
derstood, it would be the very strongest
argument for the lock level canal. He
said If the banks would not cave, if
large boats could go through wltout run
ning against rocks at the side and could
be properly steered, then a sea level
canal woujd be the enterprise which,
would be naturally preferred. "But such
a canal, convenient for modern shipping
and prospective shipping, would. In the
Judgment of those who have, carefully
studied the subject, exhaust twenty years
or more in building."
Bartlett. of Georgia, made a point
againt the amendment of Littauer. He
Insisted that the amendment was clearly
new legislation and argued the question
from that premise.
The chair, Watson, of Indiana, held
the amendment In order, and without
further discussion the Littauer amend
ment was adopted.
TELLER TALKS FOR SEA-LEVEL)
Declares We Must Not Consider Cost
in Money or Time.
WASHINGTON, June 15. When the
Senate took up the Kittredge sea-levet
canal bill today. Senator Teller spoke in.
support of that plan. He argued that as
this Government had practically prohib
ited the French government and later had
declined to allow private corportions to
embark in the canal enterprise, the
United States cannot afford to hesitate
on account of the cost In money or time.
The fact that a sea-level canal would
cost more than a lock canal should not
deter this country from giving to the'
world the best possible waterway be
tween the oceans, which must necessar
ily be on the tide level. He expressed,
the opinion that if a sea-level canal could
be built for the same price as a lock
canal, all the engineers would favor
it as the best possible canal. Hence he
contended that in standing for a lock
canal Chief Engineer Stevens discredits
himself as an engineer.
Senator Teller expressed the convic
tion that the canal would be of no great
benefit when built, and therefore argued
against the haste In construction urged
by Chairman Shonts.
He especially emphasized the danger of
dams, and, citing many disasters, de
clared that no lock canal could be
counted on as absolutely safe. He spoke
of the salaries of Messrs. Shonts and
Stevens, saying that, notwithstanding
their dimensions, they are putting in
practically all their time in the United
States in trying to create sentiment fa
vorable to a lock canal. He did not be
lieve the canal could be built from
Washington.
Morgan expressed the opinion that the
Panama Canal will prove a paying, in
vestment. The statement was made In
connection with the reading of a letter
written to him by General George W.
Davis, concerning the profitable charac
ter of the Suex Canal. In that letter
General Davis said that the stock of the
Suez enterprise commands a premium of
900 per cent on the Paris Bourse.
"Let us get rid of the Idea that we are
going to give away a great deal of
money in connection with the canal,"
said the Alabama Senator. "I believe
that if it were a stock concern the
stock would be worth J500 on the J100
within a few years after its completion."-
1