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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Aug. 11, 1906)
SecondEdition 4:15 A. H. thf y wlu? VOL. XLVI.-XO. 14,2.1. PORTLAND, OREGON, SATURDAY, AUGUST 11, 1906. PRICE FIVE CENTS. 'S SMEARED WITH OIL Chairman Jones in Deal With Standard. MTCHCOCK SCENTS OUT FRAUD Blocks Scheme to Grab Indian Territory Leases. APPEAL TO ROOSEVELT Jones and Guffey, Another Shining Light of Democracy, Squeal When Hitchcock Jumps on Tlieir Project. WASHINGTON. Aug. 10. (Special.) The a-tlon of representatives of a combination supposed to be the Stand ard Oil Company, including ex-Senator J. K. Jones, of Arkansas, chairman of the Democratic national committee In the two Bryan campaigns, in seeking Presidential Interference regarding leases of oil land In the Indian Terri tory has aroused the Ire of the In terior Department. Secretary Hitch cock has laid down rules governing the land In question and Is determined that the spirit as well as the strict letter of the law shall be observed. Jones Mysteriously Silent. No information aside from the news paper reports of the conference in . which the oil men participated at Oyster Bay yesterday has reached "Washington, but it is not believed here that President Roosevelt will reverse the decision heretofore reached "by the Secretary of the Interior. Mr. Jones arrived in Washington from New York today and added to the mystery that Biirroumis the recent develop ments tending to connect him with the oil octopus by refusing to say any thing about the matter. Conclusions arrived at through the logic of de duction are that the Standard OH Com pany is at the bottom of a' scheme to control the vast oil territory In the West and the appearance of Mr. Jones, as the champion of the monopoly, has caused a political sensation of large dimensions. What Will Bryan Say to It? It is remembered that Mr. Jones had to stand a good deal of criticism on account of his connection with the round cotton bale trust, but he man aged to retain the political esteem of William J. Bryan. Mr. Jones, In fact, was one of the first to sound the pres ent Bryan boom, having predicted his unanimous nomination for President in 1908 several weeks before any state convention had adopted resolutions of indorsement and prior to plans for the big home-coming reception. . The question now arises as to what Mr. Bryan may think or say when he reaches home and finds his former manager and close personal friend has progressed so far in the trust line as apparently to have become absorbed by the biggest combination of all. Jones, it is recalled, not only managed thoj two Bryan cam paigns, but more than any other one man ran the Democratic conventions of both 1S96 and 1900. Guffey's Deal With Standurd. Another Democratic politician of Na tional prominence and still an influential member of the National Committee is in volved with Mr. Jones in the present oil deal. He Is James M. Guffey, of Penn sylvania. It was the combination of a property leased by Guffey & Galy, with a property leased by Mr. Barnsdale, who visited Oyster Bay with Mr. Jones yester day, that brought about the interference of Mr. Hitchcock. The two units the Guffey-Galy holding and the original Barnsdale holding however, were quietly merged, the Guffey Interest, it is stated, receiving a consideration of $2,000,000 to J3.000.000. Subsequently the combined In terests were turned over to some other holding combination for some $8,000,000, it is declared. Hitchcock Jumped on Scheme. Just where Mr. Jones comes in Is more or loss a mystery. Whether he is asso ciated with Mr. Guffey, whether he repre sents directly the combination that seeks to control the land, or whether they are all together In a scheme to sell out or gather in properties for what is suspected to be the Standard Oil Company, are mat ters of speculation. It was gome time after the combining of leases was under way, and in fact had been perfected, that Mr. Hitchcock be came cognizant of what was going on. Then, as a department official express ively explained today, he "Jumped on the scheme with both feet." HEARST MAKES WAR OX TICKET Denounces Chicago Democratic Can didates as Owned by Corporations. CHICAGO. Aug. 10. (Special.) William Randolph Hearst, through his papers here, today declared savage war upon the Democratic ticket and announced that the candidates are owned, body, soul and breeches, by National Committeemen Roger C. Sullivan and William Loeffler. The candidates are referred to as crea tures "born of the infamy of gas and tunnel" politics. This action means a third ticket In the ld. and the defeat of the Democratic BRYAN SWOB party at the polls in November. After the Hearst faction abided by the decision of the convention yesterday, and made no effort to bolt, the Sullivan-Loeffler pol iticians thought ail was serene in the County Democratic ranks, but they have changed their minds today, and realize now that whatever hopes they enter tained of victory in November are shat tered unless peace can be patched up in some manner. Eut the Hearst followers declare they will entertain no overtures toward peace, and will fight to the bitter end. The Hearst organs declare that the mu nicipal ticket, authorized by a law passed on the solemn pledge that nominations of the highest class be made, is composed of nine notorious Justices of the Peace and fire Aldermen. "The very men to get rid of whom the law was passed were nomi nated for the bench," they assert. "It Is the richest freight of patronage ever put to sea In Western politics. If the freight of patronage comes safely to har bor In November, the pirate band would own the whole of Cook County, the whole municipal bench and the sanitary dis trict. With that start, the 'gas tunnel' freebooters would go after the earth." Members of the Chicago Bar Associa tion declare the judicial nominees are "a sorry lot." Two members of the board of directors today checked up the list of candidates. In the Republican column, out of 2S names only 17 were marked as. "known." The Democratic list fared worse, as only 14 were "known." One of the directors said the association would like to get better acquainted with the candidates before recommending them to Intelligent voters. It is said that a delegation of prominent Democrats will go to New York to see Hearst and persuade him to stop his Chi cago agents' attacks on the local organ ization and keep them from supporting a "bolting" ticket. Thomas Carey, chairman of the county committee, whose deathknell was sound ed at the convention, has set out to re elect himself chairman. While declaring that he was weary of the office, he says his enemies shall not have the satisfac tion of putting him on the shelf without a fight. JOHN D.'S EYE ON AFRICA Oil Kins Said to Have Financed Tanganyika Railroad. LONDON, Aug. 10. The Times this morning says it learns from reliable au thority that John D. Rockefeller has fur nished funds for railroad development in Tanganyika, Africa, and led to the recent rise in Tanganyika shares and Rhodesians generally. The Times says the develop ment of the Tanganyika Company's po tential resources has been checked by the difficulty of raising capital for the completion of railroad communications. Although no official announcement nas been made, the Times says it believes this difficulty has been overcome. Grand Army Headquarters Open. ' MINNEAPOLIS. Aug. 10. Commander- in-Chief James Tanner, of Washington, and his staff are In Minneapolis at head quarters in -the West Hotel, and the 4"th nnual encampment of the G. A. it. nas informally opened. CONTENTS TODAY'S PAPER The Weather. TESTER DAY'S Maximum temperature, 8G depr. ; minimum, - $7. Clear. TODAY'S Fair and not bo warm. North west winds. Foreign. Girl bunnies attempt to kill General Kaul bar at Odessa and commits suicide. Pase 2. Shah of Persia calls National Assembly. Page 4. Spain will Insist on supremacy of state over church. Page 4. Sultan of Turkey seriously 111. Pase 4. New revolution In Venezuela organizing. Page 2. National. Chinese labor to be hired for Panama Canal. Page 3. Government confiscates plant of delinquent Irrigation contractors. Page 3. Effect of silver purchase on mining. Page 3. Appraisement of Minidoka town lots. Page 2. Secretary Root has ovation at Montevideo. Page 2. Politics. Democratic Chairman Jones and Committee man Guffey helping Standard to grab In dian oil land Paso 1. Hearst declares war on Chicago Democratic ticket. Page 1. Chairman Griggs appeals for dollar sub scriptions to Democratic campaign fund. Page 3. Cortelyou working for Tiarmony among New York Republicans. Page 3. Uomestta. First conviction for lyinchlng In North Car olina. Page 2. Automoblllst arrested for killing woman In New York. Page 4. Row among Policy-holders' Committee offi cials grows worse. Page 4. Standard Oil Company and Pennsylvania Railroad Indicted for rebating. Page 1. Standard's method of getting rebates ex posed. Page 1. Teller of wrecked Chicago bank commits suicide. Page 1. Wreck of Stensland's bank worse as Inquiry continues. Page 1. Women captured in raid on bucket-shop. Page 3. Sport. Portland crew wins place In finals on Lake Qulnnlgamond. Page 1. Hermann wins ten-round match with Yanger. Page 12. Agreement signed between Gans and Nel. son. Page 4. Beavers win fourth straight game from Fres no. Page 12. Seattle man defeats Goss In Tacoma tennis tournament. Page 3. Pacific Coant. Pendleton will have district fair next month. Page 10. Masainas hold last campflre of 1006 outing. Page 5. Rumors of second electric line from Port land to Salem, via Gervals. Page 5. Seattle Council committee will report to give Harrlman Fourth-avenue franchise. Page 5. Portland and Ylrlnltr. Claud Clnpton, aged 19. accidentally shoots 14-year-old brother Roy, Indicting fatal wound. Page 0. Portland Democrats see In the purchase of etlver by the Government encouragement for apostles of free silver, and believe the issue will be revived. Page 8. Oregon delegates to National Irrigation Con gress at Boise will go by special train. Page 8. R. 13. Olds, Lansing, Mich., automobile man ufacturer, says horseless carriage will drive horses back to the farm. Page 8. Funeral of O. F. Paxton. Page 12. Halls to be utilized for classrooms In over crowded High School. Page 9. Dealer admits putting water in milk, but Is . acquitted of adul teration in East Side Justice Court. Page 9. Oregon National Guard leaves today for American Lake, Washington, to partici pate In Army maneuvers. Page 8. Julius Kruttschnltt, director of maintenance of Harrlman system, visits Portland. Page 8. Witness makes sensational admissio In Barnard land-fraud trial. Page 9. Mayor Lane takes up problem of compelling franchise-holding corporations to render Quarterly statements. Page &- STANDARD OLAND ALLIES INDICTED Possible Fines Amount to $1,400,000. PENNSYLVANIA ROAD ACCUSED Grand Jury at Jamestown Finds 22 Counts. REBATING IS THE CHARGE Kates Charged Lower Than Any In Tariffs Chicago Grand Jury Gels Flood of Light on the Methods in Interior. JAMESTOWN, N. Y., Aug. 10. The Federal grand Jury for the Western Dis trict of New York today reported Indict ments against the Standard Oil Company of New Tork. the Pennsylvania Railroad and the Vacuum Oil Company, which has refineries at Olean and Rochester, N. Y. One Indictment la found against each of the defendants and in all there are 22 counts. The indictment agalnot the Penn sylvania Railroad charges that It granted rebates on oil shipments to the Standard Oil Company, and the indictment against the Standard charges that it accepted rebates from the Pennsylvania. The evidence showed that the Vacuum OH Company made shipments over the Pennsylvania and that the Standard paid the freight bill. The indictment against the Vacuum OH Company charges speci fically that It shipped oil from Olean to Rutland, Vt., at a tariff rate lower than any published by the Pennsylvania Rail road or on file with the Interstate Com merce Commission. One of the counts in the Indictment charges that the Pennsyl vania Railroad did not file a tariff with the Interstate Commerce Commission showing its rates and charges for the transportation of oil. The Indictments were cirawn under the direction of Special United States District Attorney O. E P Kin Each- f. the 22 counts .constitutes a- separate offense and. the penalties If the defendants were con victed on all points, would amount to 1. 400.000. The' Indictments specify that the ship ments were made under a common ar rangement among the Pennsylvania, the New York Central and the Rutland Rail road, companies. CAN'T BELIEVE IT IS INDICTED Officer or Vacuum Oil Company Is Sceptical About News. ROCHESTER, N. Y.. Aug. 10. Ray mond Everest, treasurer of the Vacuum OH Company, speaking of the Indict ments, said. "It Is impossible that there has been an indictment returned against the Va cuum Oil Company, as there has been no investigation of the company by the AND STILL SILVER IS ' 1 ' I NEWS ITEM UNCLE SAM, FOR THE FIRST TIME IN 13 YEARS, IS BUYING SILVER. FOR SUBSIDIARY COIN- t AGE AT THE MARKET PRICE, 66 CEN TS AN OUNCE. . j '" grand Jury. The Investigation was in re gard to the affairs of the Standard OH Company and the indictment must be against It." HOW STANDARD WORKS SCHEME Grand Jury Learns of llebates From Whiting to South. CHICAGO, Aug. 10. It developed at to day's inquiry by the Federal grand jury Into charges of rebating against the Standard Oil Company that there Is In existence on the Chicago & Eastern Illi nois Railroad a tariff on shipments of oil from Dolton, 111., to points south which Is very low. The Standard Oil Company has its refinery at Whiting. Ind., a short distance from Dolton, and could easily avail Itself of this low rate, while other shippers wishing to reach Dolton to par ticipate In the low rate south must pay the switching charges in the Chicago dis trict of Jo a car,- which makes the total rate prohibitive as far as competition is concerned. According to the testimony, the Stand ard Oil Company 'shipped its oil from Whiting, Ind., to Dolton. 111.. bverN the Chicago Terminal Transfer Railway Com pany for about $2 a car in switching charges. Although the shipment was be tween two states, it was not interstate, because" it was within one shipping dis trict." The same consignment was then shipped south on the Chicago & Eastern Illinois from Dolton on the low rate from that point. This latter road carried the shipment to Otter Creek Junction, where it was transferred to the Evansville & Terre Haute road, which took it to Ev ansville, Ind. It was then taken to Grand Junction, Tenn., over the Illinois Central road, connecting with the Southern Rail road at that point, and distributed through the South, by the latter road. It Is declared that by this condition the Standard Oil Company was able to reach Grand Junction, Tenn., with its oil on a through rate of 13 cents for 100 pounds, whereas no other shipper was able to take advantage of the same privilege. The City of Grand Junction is thus designated as the gateway to the southeast for the Standard Oil Company, giving It, It Is charged, a monopoly of the oil business in that section of the country. The witnesses questioned concerning this matter were J. P. Soabrook, an agent of the Southern Rnilway, and L. D. Butts, of the auditing department of the Illinois Central road. At the conclusion of to day's testimony the Jury adjourned until August 23, at which time it will probably make its report. A new grand Jury will . convene next Tuesday and take up the case subsequent to March 3, 1905. PROBE TOLEDO ICE TRUST Dealers and Railroads Behind Them to Have -Federal Investigation. TOLEDO, O., Aug-. 10. The local Ice trust and the railroads alleged to be back of It will be investigated by tive Federal authorities. Interstate Com merce Commissioner Clements and pos sibly Commissioner Cockrell will be here next Tuesday for that purpose. Three weeks ago Special Agent Wal ter, of the commission, appeared in Toledo and began looking up evi dence concerning the organization of the ice trust by officials connected with the Ann Arbor and Pere Mar quette Railroads. The hearing to be held Tuesday is the result. INDICTS StGAH REBATERS. New York Grand Jury Finds Six Railroads Guilty. NEW YORK. ' Aug. 10. As a result of Investigations of casess of .alleged rebat ing my railroads, the grand Jury today returned six Indictments. They are said to be based on rebating sugar. FAR OFF FROM $i 29 AN OUNCE, PORTLAND GREW PLACED Ifl FINALS Close Second in Heat to Ravenswood. FAVORITE FOR CHAMPIONSHIP Wins Admiration of East by Splendid Form. FINAL CONTEST IS TODAY After Losing Distance on Turn, Fort land Men Finish Three Feet Bo hind Winners, and Crawl ing Up on Them. WORCESTER, Mass., Aug. 10. (Spe cial.) RowiDg in magnificent form, plug ging away with bulldog grit, the Portland four finished second in its heat In the senior fours of the National Association of Amateur Oarsmen on Lake Quinslga mond this afternoon. Less than three feet behind the Ravenswood four, as they crossed the finish line, and only half a length in front of the Metropolitans, Port land managed to qualify for the finals to morrow. The crews all got away on even -terms, all using a very high stroke. There was a ding-dong fight, with the three crews all lapped, going up. At no time were they more than a few feet behind each other, and they maintained their positions to the turn. Ravenswood gained on the turn with the Portlands, who 'were not used to this style of racing and lost a good two lengths, though making a good turn con sidering their lack of practice in that re spect. Splendid Spurt at Finish. As they' squared away for home all the crews started to sprint, and maintained a stroke varying from 36 to as high as 40. In this way they came down, with the crowds cheering and calling on the crews In their efforts to encourage them to still higher efforts. " The RavonswoodB, which were on th Worcester shore, spurted when opposite Regatta Point and moved up a few feet further, giving them about half a length to the good. The Portlands responded to the spurt and crawled up gradually, and as tney crossea tne running line tnere ap peared to be no more than three feet sep aratlng them. The Metropolitans were half a length back. The time was 8:56. Portlands Hot Favorites. It was a beautiful struggle and the crowd cheered each of the crews as they returned to the float. The Portland crew rowed throughout In excellent form. Their style, leg drive and all-round ability have won them a warm spot in the hearts of Eastern sportsmen, and tonight they are forestalled favorites, not only for the sen iors, but for the International fours as well. In the first heat of the senior the Mound City, of St. Louis, beat Winnipeg THE 16 TO 1 PRICE and Riverside In 9:01. In the final heat tomorrow there will be Portland, Winni peg, Mount City and Ravenswood. Survivors In Single Sculls. The association senior single scull which was run off in two heats, was the event to which oarsmen have looked forward for several months and all of the fastest scullers in the country started, six in the one heat and five In the other. The survivors for the finals tomorrow are Harry S. Bennett, of the Springfield, Mass., Boat Club; Frank Veseley, of the First Bohemian Boat Club, of Ney York: E. McGee, of Toronto Rowing: Club, and John O'Neill, of the St. Mary's Club, of Halifax. The first two won their heats, and the winner tomrrow will be eligible for the cham pion event later in the day. The Metropolitan Rowing Club crew of New York, won the senior pairs easily over the Philadelphia Barge Club by eight lengths, while the crew of the Nonpareil Rowing Club, of New York, had nearly a walkover in the race with the St. Alphonse's crew of Boston in tne intermediate fours. The sport closed with a fine contest among three Intermediate eight-oared crews, the Argonauts of Toronto, t.e New York Athletics and the Wachu setts, of Worcester. All three were lapped as they neared the finish and, while the New Yorkers spurted, they could not catch the Canadians, who won by half a length, with the Wachu setts third . by three-quarters of a length. Results: Summary of Results. Intermediate four-oared race Won by Nonpareil Rowing Club, of New York; St. Alphonseuse Club, of Boston, second. Time, 9 minutes 34 seconds. Senior pair oared Won by Metropol itan Rowing Club, of New York; Phil adelphia Barge Club, of Philadelphia, second; Seawanhaka Boat Club, Brook lyn, third; New York Athletic Club, New York, fourth. Time, 9 minutes 50 seconds. Intermediate single sculls First heat won by Alexander Warneck, Springfield Boat Cluo; Louis Major, First Bohemian Boat Club. New York, second. Time, 10 minutes 10 seconds. Senior four-oared, first heat Won by Mound City Rowing Club, St. Louis; Winnipeg Rowing Club, Winnipeg, Man., second; Riverside Boat Club, Cam bridge. Mass., third. Time, 10 minutes 1 second. Second heat Won by Ravenswood, Ixmg Island; Portland Rowing Club, Portland, Or., second; Metropolitan Rowing Club, New York, third. Time, 8 minutes 56 seconds. Intermediate single sculls, second heat Won by J. C. Henderson, Winni peg Rowing Club, Winnipeg, Man.; Thom as McGee. Ravenswood Boat Club, Long Island City, second. Time, 10 minutes 10 seconds. Association single senior sculls, first heat Won by Harry S. Bennett, Springfield, Mass.; K. McGee, Toronto, Ont , second. Time. 9 minutes 52 seconds-Association singles, second heat Won, by Frank Veseley, First Bohe mian Bolt Club. New York; John O'Neill, St-. Mai y 's, W-rA'itmc. N. S.. s ond. Time. S minutes 8 seconds. Intermediate eight-oared shells Wen by Argonaut Rowing Club, of To ronto; New York Athletic Club, New York, second: Wachusetts Boat Club Worcester, third. Time, 1 minutes 47 seconds. SHOWING IS ENCOURAGING. Oarsmen Say Fact That Fortland Crew Qualified Is Sufficient. An encouraging feature of the race at Worcester, Mass., yesterday, In which the crew of the Portland Rowing Club quali fied for the national finals today, is, that the home lads led around the turn. It was feared that the turn In the Eastern course would greatly handicap Murphy's1 men, as . they had never before rowed over such a course. According to the dispatch, Portland led easily over the first lap and was only nosed out by a few feet on the home stretch. Even though they did win, the Ravenswoods may not be a better crew than the Portland boys. It is not at all likely that Murphy would send in his crew to row their heads off just for the honor of winning a heat. His idea, un doubtedly, was simply to have them qual ify for the final test of endurance today. Not knowing the strength of the other" crews, he probably Instructed them to gain a safe lead over the first leg if they possibly could, so as not to take any chances on getting beaten on the turn, and then to come in as easily aa possible. Local oarsmen were enthusiastic last night over the showing made by their crew. ' Today the boys will have over come the nervousness and uncertainty which must have oppressed them yester day as they faced a great crowd on a strange course and were pitted against entirely unknown material. It Is almost a safe bet that Portland will this after noon beat the same rrew, the Ravens, woods, which yesterday led them in the preliminary. THEIR DURANCE VILE ENDS Denver Franchise Grabbers Released by Another Court. DENVER, Aug. 10. Judge Peter T. Palmer, of the District Court, today re leased on ball H. L. Doherty. Frederick Williams, A. J. Cook. Jr., and George N. Ordway, who were In the County Jail by order of County Judge Ben B. Llndsey on the charge of contempt for refusing to be sworn in the franchise investigation. The plea on which the cases were taken before Judge Palmer wag that the County court naa no jurisdiction ana that the Supreme Court is now in recess and can not act. MINER BLOWS HIMSELF UP Stands Over Dynamite Stick 'While Lighting It. SALT LAKE. Aug. 10. A special from Eureka to the Deseret Evening News savs John Sullivan committed suicide there to day by touching off a stick of giant pow der and standing over it until the exnln- eion occurred. Both legs were blown off beneath the knees, and he died two hours later. Sullivan, who was working a mine on a lease, gave no reason for his act, but ex pressed regret that he had not made a quicker Job of.it. HERiNG AS BLACK AS HIS PRINCIPAL Shared in Plunder Five Years Ago. ' IN STENSLAND'S GRIP SINCL Evidence Points to Him a& $500,000 Forger. . OTHER DIRECTORS GUILTY Three of Them Admit Being Dum mies, and One Borrows Ten Times the Value of Collateral Rub- ' ber-Stamp Signatures, CHICAGO. Aug. 11. All theories that Paul O. Stensland was the sole forger of the l,000.0no worth of crooked notes in the looted Milwaukee-Avenue Bank were smashed tonight. At least three other men in addition to the fugitive president are thought to have been en gaged in the production of bogus signa tures. The big forger, it is said, is Cashier Ilering. The authorities now believe his hand planned the signatures to over $300,000 worth of crooked papers. The first thing to make the inquisitors certain was the discovery of a bogus $10,000 note with the name of M. A. LaBuy attached to it. When confronted with the signature and charged with its execution, Herlng became embarrassed. This was late in the afternoon, and at 1 A. M., when the night's Inquisition cama to an end, moral certainty had taken the place of suspicion in the minds of the officers of the law. Herlng Found Out Five Years Ago. Fivs years ago Herlng fell Into Stensland's grip. He had, it Is alleged, guilty knowledge of the theft of $5), 000 by the teller in the savings depart ment, and in fact is said to have par ticipated in the loot. The discovery yesterday of the trails of crookedness running through the mulcted bank led the State's Attorney to summon peremptorily last night three of the principal directors. They were called upon to explain conditions which Indicate that another line of robbery was being carried on Indepen dently of Stensland's own big swindle. The directors who responded to the summons were Frank R. Crane and Mariua Kirkeby. An officer was sent for M. A. LaBuy, another director, but he could not be found. Directors Were Dummies. . , Crane was subjected to a hot exam ination by Assistant United States At torney Olson In the presence of In spector Shlppy and Assistant Chief of Police Schuettler. He denied all knowledge of the forgeries perpetrated by Stensland. From the admissions re ceived from the two officials, it ap pears conclusive that the board of di rectors throughout Its existence was a board of dummies. "Did you ever attend a meeting of the executive committee of the board?" asked Mr. Olson of Mr. Crane. "No. sir; I never did," replied the director. "Did you ever know the executive committee to meet?" "It never met, so far as I know," admitted Crane. "Did you ever pass on loans or do any thing else to further the interests of the bank?" pursued the prosecutor. "No, sir," replied Cane. Borrowed on Slim Collateral. The director was shown a note for 14000, dated April 4 last, and asked if the signature was genuine. He replied that It was. He said he had borrowed a total of 125,000 from the bank, the $1000 note being the last transaction of the series. He Is Indebted to the bank for the whole amount at present. The security which Crane gave the bank for this $2o,000 In loans consist ed of 40 shares of West Chicago Street Railway stock, valued at $2400. He was asked If. as a director of the bank, he did not consider that pretty slim se curity for a borrower to put up. He did not think so. Stensland Got Crane's Dividends. The Assistant State's Attorney then produced the books of the bank show ing that the dividends on Crane's stock were not paid to him but to an ac count In the bank known as "409." This was one of Stensland's personal accounts. Crane refused to answer fur ther questions along this line. The di rector declared tnat he was worth $200,000. Director Marius Kirkeby was ques tioned on the same subjects. He was a meiwber of the loan committee to gether with Stensland and his son. He was supposed to pass on the loans, but he admitted to the States Attor ney that he left the greater part of that responsibility ta the president. Check Signed With Rubber Stamp. Among other papers examined last night was a check for $4700, which bore no signature except one made with a rubber stamp, no name being attached in its place, bearing only the address "409 Milwaukee avenue." This had been handled by Cashier Herlng, according to his own admission, and (Concluded on Pr a.)