Morning Oregonian. (Portland, Or.) 1861-1937, December 09, 1907, Image 1

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    VOL. XLVI.-XO. 14,CG3.
PORTLAND, OREGON, MONDAY, .DECEMBER 9, 1907.
PRICE FIVE CENTS.
men
TO
Owners Will Force Is
sue at Goldfield.
"OPEN SHOP" FOR ALL TIME
Effort to Be Made Wednesday
to Start the Pumps.
WILL BE SIGNAL FOR CLASH
Announcement to Be Made Today,
' When Trouble Is Feared Both
Sides Determined the Struggle
Shall Be Fight to Finish.
QOLDFFEIjD, Dec. 8. Wednesday has
been definitely decided upon as the day
for reopening the mines In Goldfield.
An authoritative statement was made
tonight that already sufficient men are
on the ground to work the mines. The
total number of those that have been
quietly brought in and those who have
secretly made application to return to
their former positions is placed at 1000.
There are about 1600 Western Federation
men out. The men who are to take the
places of the strikers are not to be
housed at the mines, but will be scat
tered through the camp and protected,
for each Individual will be guaranteed
protection by the Mlneowners' Associa
tion. Open Camp for All Time.
Two propositions have been positively
decided upon, the making of an open
camp for all time and the early lower
ing of the wage scale. At the same time
the Mlneowners Association Is going
to begin a vigorous crusade to lower the
cost of living in Goldfield.
The scope of the Mineowenrs Associa
tion is to be greatly enlarged by the or
ganization of the Nevada MIneowner's
Association, of which the Gold Mine
owners' Association will be a part. The
new organization is already -well under
way."
The announcement of the decision to
open the mines on Wednesday is to be
made tomorrow at noon by the Goldfield
Mlneowners' Association, and It is ex
pected that some trouble may ensue.
Pitch Camp Near Town.
There are now nine companies of troops
here, the second detachment from Mon
terey having gone into permanent camp
on Combination Hill, within 300 yards of
the mill of the Goldfield Consolidated
Company. The first detachment which
came from San Francisco remains in the
camp established in the Northwestern
part of the city a mile and a half from
the nearest mine. Colonel Reynolds,
commanding all of the troops here, is
quartered in a tent in the first camp and
will remain there. He refuses to say
whether he will detail soldiers to patrol
the mines when the attempt is made to
reopen, but merely states that the troops
are here to preserve order and that
they are prepared to handle the situation.
Sheriff Ingalls, of Esmerelda County,
in whieu Goldfield Is located, has gone
away to some distant mines and the
Sheriff's office is in the hands of Under
Sheriff Bert Knight, who asserts he Is
amply able to handle any crisis that may
arise from the attempt to reopen the
mines.
Both Sides Tell Troubles.
He has sworn In a dozen deputies. He
characterizes the statements made by the
mlneowners that the union men are arm
ing themselves and preparing to make
trouble as false, and says that, in his
belief, there will be no effort made to
prevent the mlneowners from working the
mines with whatever men they may em
ploy. A telegram sent by the Sheriff to
Gorernor Sparks, protesting against the
appearance of Federal troops In Gold
field remains unanswered. There will be
no co-operation between the local peace
officers and the troops, in the event of
any trouble.
Statements are being Issued to the pub
lic by both the Mlneowners' Association
and the union miners, setting forth the
views of both sides on the situation.
From what can be gathered. It seems
that the Mlneowners' Association was
primarily responsible for the presence of
the Federal troops here, but that it was
not Intended in the first place that troops
should be sent at this, time.
Import Men if Necessary,
it was intended to have them in readi
ness to respond to an urgent call, but
when the fact became public that the
sending of troops was contemplated, the
Governor was told that it would be best
to have the troops on the ground, as
the miners were incensed over the fact
of the troops being held In readiness to
come and might commit violence at any
minute.
The mlneowners then saw the chance
to take advantage of the presence of
the troops here to begin preparations to
reopen.
Denial Is made that miners from other
camps are to be brought in, and the
statement of the owners is that they be
lieve enough men can be had in Gold
field to reopen during the present week,
but at the same time the statement Is
made openly and positively that men
from the outside will be brought in if
the local men will not accept scrip In
part payment, and go to work.
There is but little denial of the. state
WORK
MINES
ment being freely made here that the
owners have all along deliberately re
fused to guarantee the scrip in the man
ner demanded by the union with the in
tention of precipitating a struggle and
settling, once for all, the question of
union domination of Goldfield. Their
statement Is that they are worn out with
the constant struggle between themselves
and the union, and t,hat they mean to
maintain an open camp in the future and
be free to employ whomsoever they will
without question by the union.
All of the mines are picketed at present
by union men, and according to the state
ment of the owners, it is impossible for
the owner or manager of a property to
visit his property, to know what con
dition it is in, much less to put men in
the mine to work the pumps. But be
yond this there is little evidence on the
surface that any preventive measures
are being taken by the union.
Means Fight to Finish.
Both sides freely state that the fight
is on and that this is to be to a finish,
and that they are prepared for lt.
Nelther side pretends that the question
of accepting the scrip Issued by the John
S. Cook Company Bank was ever any
thing more than an excuse to bring the
whole long list of grievances on either
side to an issue.
The day has been remarkably quiet.
Very few people visited the camps of the
troops, and only a few of the soldiers
were permitted to go about the streets.
Martial law has not been proclaimed,
and the officers and troops have done
nothing more than to make themselves
as comfortable as possible.
The executive committee of the Mine
owners' Association met tonight for the
purpose of determining definitely upon
the date upon which the mines will be
opened, but to Captain Cox, the Gover
nor's representative, the statement was
made after the meeting that the decision
had not been made and that the meet
ing will reconvene tomorrow morning at
10 o'clock formally to decide.
Frost Prevents Explosion.
This afternoon Colonel Reynolds held a
conference with Charles H. McKlnnon,
President of the Goldfield Miners' Union,
at his headquarters in camp. Just what
was said Is not known, but It Is asserted
that Colonel Reynolds went over the sit
uation with President McKinnon and told
him the purpose of the Governor in re
questing that troops be sent here and
what the troops are presumed to do.
Colonel Reynolds had previously visited
the scene of the attempt to blow up the
power wires and light and telephone wlr.es
of the Nevada-California Power Company
on Thursday night last. Enough powder
was found to have destroyed the useful
ness of the plant for at least thcea
months, according to the statement iade
to General Manager C. M. Hobbs, of the
company, and the failure of the attempt
was due to the fact that about B0 feet of
fuse was used, and the dynamite became
frozen before the blaze, reached it.
FEDERATION MAKES . PROTEST
Says President Sent Troops to Gold
field for Personal Spite.
DENVER, Dec. 8. The executive board
of the Western Federation of Miners to
night issued the following statement con
cerning the present controversy between
the " Goldfield Mlneowners" Associa
tion and the Goldfield Miners' Union :
"On December 6, President Roosevelt
Issued a proclamation ordering Federal
troops to proceed to Goldfield, Nev., os
tensibly for the purpose of protecting
life and property. That there was ever
any danger to either person or property
is emphatically denied by the officers of
Esmeralda County, and by the merchants
and citizens of Goldfield. The only reason
for the present trouble was the decision
of the mine operators to force upon the
miners a scrip that would not be taken
at par by the railroad company, the
Wells-Fargo Express Company, the post
office, the stores or the boarding-houses.
Neither would the mlneowners guaran
tee that they would redeem this scrip
at any time in the future.
"in refusing to accept this worthless
scrip In exchange for their hard labor,
the miners of Goldfield are taking a
manly stand against the usurpation of
governmental functions by unreliable
banking firms, which assume the right
to set aside the legal money of the Na
tion. "We desire to call the attention of the
American people to the awful disaster at
Monongah, W. Va., where BOO coal min
ers were murdered by the capitalist sys
tem in its greed for profits. Had Presi
dent Roosevelt been as anxious to en
force the laws in West Virginia, had
he considered as well the protection of
the lives of those miners by demanding
that the mlneowners safeguard their
employes against unnecessary dangers, as
he is to send the regular Army to crush
an organization whose only aim is to
better the conditions and make happier
the lives of the working class, 500 black
ened corpses would not today be laid
upon the altar of greed "at Monongah,
W. Va., around which weep widowed
wives and orphaned children.
"We protest agains. this action of Pres
ident Roosevelt, knowing that he was ani
mated by personal hatred against the
Western Federation of Miners and its
officers. The moving of troops upon a
peaceable community must be regarded
at least as hasty and ill-advised, and we
call upon the working class of the coun
try to protest against this unwarranted
and unprecedented action of mimic war
fare." FUNERAL OF MRS. TAFT
Body to Be Taken to Cincinnati to
Lie Beside Her Husband's.
MILLBURT, Mass., Deo. 8. The fu
neral of Mrs. Louisa Taft, mother of
Secretary Taft, who died early today,
will be held Tuesday, at 1 o'clock, at
Torry residence, the home of her sister,
where she passed her last days. Rev.
E. A. Putnam, pastor of the First Con
gregational Church, will conduct the
services.
Immediately following the services the
body will be taken to Cincinnati where it
will be buried beside that of Mrs. Taft'a
husband, Judge Alphonso Taft.
RACE RIOT IN GEORGIA
Town Marshal Slain by Negro and
200 Men Are on Way to Scene.
MACON. Ga.. Dec. 8. The Marshal of
Midville.was killed by a negro this after
noon in a race riot. Unconfirmed reports
say four others were killed. A train with
200 men is reported to have left Savannah
for the scene.
BAY CITY BANKER
IS
Felony Charge Against
J. Dalzell Brown.
WARRANT FOR W. J. BARTNETT
California Trust Company Of
ficials in Trouble. .
EMBEZZLEMENT IS CHARGE
Woman Who Is Contesting Colton
Estate Induces District Attorney
to Take Action Sensational Al
legations of Mismanagement.
BARXETT 18 ARRESTED.
SAN FRANCISCO, Dec. 8. Lata
tonight Bartnett was. put under ar
rest at his home in Marin County.
At midnight Brown , was still held
at the City Jail, being unable to se
cure ball.
SAN FRANCISCO, Dec. 8. J. Dalzell
Brown, a prominent financier of this
city and general manager of the Cali
fornia Safe Deposit & Trust Company,
which closed its doors early in Novem
ber, was arrested tonight on the charge
of felony embezzlement. A warrant
has also been issued for the arrest of
W. J. Bartnett, a leading lawyer and a
director of the banking company. Offi
cers have gone to Bartnet's suburban
home to serve the warrant. Brown Is
in custody pending the securing of a
cash ball of 8100,000, or a bond of twice
that amount.
Brown and Bartnett are accused of
having hypothecated securities amount
ing to the sum of 8300,000 belonging to
the Coltoh estate, of which Bartnett
was special administrator. The securi
ties were placed in the bank by order
of the court one year ago, pending the
settlement t a -suit toiiave Bartno't
removed.
Woman Causes Arrests.
The warrants for the arrest of Brown
and Bartnett were obtained todayfrom
the District Attorney's office by the
attorneys for Helen Sacher, who Is con
testing for portion of the Colton estate.
Mrs. Ellen. M. Colton, widow of the late
D. D. Colton, who was associated with
Stanford and Huntington In the con
struction of the Central Pacific Rail
road, died in 1905, leaving almost her
entire estate to Mrs. Caroline Dahlgren,
of Washington, D. C, one of her daugh
ters, and' bequeathing to her great-grand-daughter,
Helen M. B. Sacher,
only J1000. The will is now being con
tested in the courts of this state.
It is alleged that Mrs. Colton was
Induced to make the will as she did by
undue influence exercised by Bartnett
and Mrs. Dahlgren.
Mr. Bartnett Is vice-president and gen
eral manager of the Western Pacific
Bank's Reserve Depleted.
The California Safe, Deposit & Trust
Company closed its doors early in No
vember, and yesterday, as the result
of a report made by the State Bank
Commission, Governor Glllett ordered
Attorney-General Webb to Institute
a suit for the appointment of a receiv
er. The report of the Bank Commission
showed that the bank's indebtedness
was nearly 89.000,000, and that the
bank had only a reserve of $400,000,
where the law requires 81.800,000. The
negotiable assets of the bank are
placed at $4,000,000.
It is charged by the Commission that
r
UNDER
mm
RESOURCES AND LIABILITIES OF NATIONAL BANKS IN
OREGON, DECEMBER 3, 1907
Loans and
discounts.
Albany
First National $ 8T1.O10.81
Arlington
First National ' 122,708.90
Ashland
First National 48,444.83
Astoria
First National S34.J94.6r
Astoria National 433.774.22
Baker City
Citizens' National ' 850.090.25
First National 836,659.99
Condon
Condon National 07.053.78
First National . 27.272.29
Corvallis
Benton County National.. 68.657.07
First National 293.097.67
Cottatce Grove
First National 95,899.80
Dallas .
Dallas National 117,500 68
Elgin.
First National 167.092.00
Eugene
First National 635.517.23
Grants Paps
First National 263,187.99
Hood River
First National 244.217.43
McMlnnville
First National . . . ; 247.662.31
McMlnnville National 225.302.27
Ontario
First National 118.908.06
Pendleton
First National 1.042.855.14
Commercial National 135,910.43
Itopeburg
First National 426,524.64
Sumpter
First National 59,362.00
The Dalles
First National 829,481.20
Union
t'nlon National 57,402.10
First National 142,945.41
Tillamook
First National 48.819.26
Vale
First National 87,474.82
WHAT OREGON IS DOING.
It has long been the annual
custom of The Oregonian to is
sue a NEW TEAR'S EDITION
reviewing the progress of the
year in city and state and pre
senting, pictorially and in care
ful articles by Informed writers,
all the important facts about
our leading industries. This
year the NEW YEAR'S EDI
TION will pay particular atten
tion to the horticultural devel
opments of the year, the apple
having a place of special prom
inence; but it will be a com
plete symposium of every other
subject of interest, such as
dairying, woolgrowing and cat-'
tie-raising, mining, commerce,
shipping, agriculture and so on.
Railroad construction for the
year, including inter-urban
roads, will be fully described.
No topic, of value to the readers
of the paper will be omitted.
The state at large will have rea
son to look with pleasant an
ticipation for the forthcoming
issue, since great space will be
devoted to regions outside of
Portland, though the remarka
ble advances made by the me
tropolis will be fully set forth.
The special articles are to be
by selected writers, who know
all about their subjects and how
to tell what they know. The
pictures will be of great value
and interest, since they will be
new, effective and representa
tive. This is a good time to
talk for Oregon and Portland,
and The Oregonian Is endeavor
ing to do its share. Tou may
do yours by ordering a number
of papers and sending them
away.
the bank flagrantly violated the state
banking laws, one violation specified
being the acceptance of money when
the bank was known to be insolvent.
Officers Borrowed Funds.
It Is also charged that over $3,000,000
was loaned to the officers of the bank
and to companies in which they were
interested; also that nearly $6,000,000
was loaned on securities not listed and
practically non-negotiable at present.
W. J. Bartnett was administrator of
the Colton estate, and it is alleged that
over $300,000 in trust funds of the
estate held in the bank have disap
peared. Bank Commissionar Sherrer, in a
statement, said: .. i.. ..
Shocking Disclosures -Made.
"In my Investigations jf the affairs
of the bank. I found they had loaned a
great deal of money on stocks of their
own companies. They seem to have
very few bonds on which they have
loaned money. I found In my Investi
gations they had $875,000 of Western
Pacific Railroad stock. I have befn ad
vised that within three hours before
they closed they accepted a deposit of
$80,000 from a certain construction
company, and that within half an hour
before the closing they accepted a de
posit of $2530.
"As far as I am able to figure out
the bank's affairs, it has loaned
$5,900,000 on stocks with some value,
but are not easily convertible at this
time. What these stocks may even
tually realize in cash I don't pretend to
say. The. bank has also about $5,000,003
of bills receivable, much of which has
good collateral. Many of these bills
will be realized at par. The bank has
about $9,000,003 of savings and com
mercial deposits.
"I cannot predict how much of Its
various stocks and bills receivable can
be realized at par, but It seems to me
that In the process of liquidation the
bank can reallzo a good deal of money
and that the depositors can get a subse
quent return.''
Bank's President Resigns.
David F. Walker, president of the
bank, has tendered his resignation. On
(Concluded on Page 3.)
RESOURCES.
IT. S. bonds U. 8. and Cash and due Burplus and
to secure other bonds, from banks. Capital undivided Deposits,
circulation. stock. profits.
8191,858.38 $504,861.93 $ 80.000.00 $ 63,978.97 $ 914,757.17
$ 12,500.00 75,920.20 25.000.00 31,987.12 151.638.98
187,293.88 132.704.77 50.000.00 18,428.10 278,241.71
84.220.00 434.680.12 100.000.00 43.642.07 923.004.21
67.500.G0, 62.147.48 834,638.31 00,000.00 65,338.57 780,670.60
115.000.00 241.795.00 100,001.00 19.764 91 601,38840
220.000.00, 472,466.79 75,000.00 278,136.67 1.181,247.83
12.500.00 16,346.00 86.064.96 50,000.00 41.277.08
0.250.00 6,871.81 14.053.43 25.000.OO 5.276.38 87,808.83
26.437.60 61,093.87 . 50,000.00 10.000.00 99.031.55
60,000.00 . 75,938.18 170,064.52 50,000.00 22,828.47 499,650.51
12,503.00 49,008.65 129,207.91 25.000.00 7,663.50 258.258.47
25,000.00 47,672.75 81,821.03 23,000.00 6,464.57 222,187.46
12,500.00 78,315.80 80,000.00 11,126.35 179,878.70
860.878.66 602,622.98 100.000.00 67,309.78 1,291,835.11
12,600.00 46,017.76 145,127.83 60,000.00 ' 88.778.52 371,212.88
12,600.00 8,044.15 67,345.51 50.000.00 17.188.33 256,522.26
60.000.00 49,753.20 228.587.48 50,000.00 63,753.38 440.592.89
60.000.00 84.057.19 167.658.80 60.000.00 67,914.03 808,787.88
22,600.00 40,033.07 104,773.50 50,000.00 17,762.61 195.983.98
147.200.00 24.677.51 460.461.22 200.000.00 " 80.124.80 1.332.844.43
104,955.81 77,451.78 200,000.00 7,000.37 221,717.73
12.500.00 8,019.29 249.774.88 60.000.00 86.891.58 613.287.09
48,728100 95,542.59
25,000.00 83,462.85 297.973.46 100,000.00 88,815.21 ' 479,626.80
6.784.88 60,453.45 2.-..0O0.OO 585.12 102.089.61
12.800.00 7.476.00 . 62.798.37 50.000.00 18.009.50 143,008.36
25,000.00 61,981.87 60,760.38 25.00J.00 151.783.72
6,882.40 1 43,074.37 25.000.00 69,695 97
BANKS OF OREGON
HOLD MUCH COIN
Cash Reserves Exceed
Legal Limit.
EXCELLENT SHOWING IS MADE
Average in 27 Cases Is 44 Per,
Cent of Deposits.
ENJOY PUBLIC CONFIDENCE
Reports to Controller Made by More
Than Hair of National Institu-
tions Outside of Portland
Indicate Fact.
Cash reserves averaging 44 per cent of
their deposits are being carried by 27
of the 45 National banks in this state,
outside of Portland. This remarkable
showing is made In the reports of these
banks to the Controller of the Currency,
dated December 3, and it is believed to
indicate a like state of affairs in the
other National banks of the state from
which The Oregonian had not received
figures yesterday. At the time the reports
were made, less than a week ago, the ag
gregate of deposits in the 27 banks was
$12,151,833.97 with cash in the vaults and
due from other banks, available for re
serve purposes, of $5,328,586.91.
Since National banks of the class In
cluded in these statistics are required by
law to carry as a reserve only 15 per cent
of their deposits, It is apparent they are
supplied with three times the reserve de
manded by law.
Few Banks Lose Deposits.
The condition of these banks through
out the state Indicates a most healthy
state of affairs. It has been the excep
tion, rather than the rule, that any of
these institutions during the recent dis
turbed conditions in financial circles has
suffered .a contraction in deposits. On the
contrary, the strength of these banks has
not been dissipated by any great with
drawal' of funds. They have steadily In
creased their deposits and their cash on
hand until they are better prepared than
ever to meet the situation that has been
precipitated by Wall street's frenzied
financiers.
Retaining the confidence of their de
positors, which is evidenced by the in
creased deposits, these . banks will be
fully prepared to resume business as of
old when- the holiday lid is lifted next
Monday. In fact, since the bank holidays
were first proclaimed, October 29, several
of these banks have continued to tran
sact their regular banking business.
Margin Everywhere Large.
While the average reserve carried by
these 12 banks Is 44 per cent, every one
has a safe margin of reserve, ranging
from 27 per cent, or 12 per cent more than
is required, to 61 per cent. Heading the
list is the Benton County National Bank,
of Corvallis, In which available casta
equals 61 per cent of all deposits. The
Union National Bank, of Union, follows
with a reserve of 59 per cent; the First
National, of Albany, with 55 per cent and
the First National, . of Cottage Grove,
with 51 per cent.
Several of - these banks show an In
crease in deposits between August 22,
last, the date of the last preceding re
port, and that of December 3, on which
the foregoing estimates are based. This
condition is not local, but is indicative
of the same satisfactory feeling through
out the state, banks in every section
showing increased deposits during the six
LIABILITIES
weeks intervening since the August re
port. Some of the Increases.
From the reports the following
increases In deposits are shown:
First National Bank, of "Vale, from
$64,927.21 to $69,695.97; First Nation
al, of Pendleton, $1,065,855.25 to $1,
252,070.41; First National, of Ashland,
$271,973.41 to $279,241.71; Union National
Bank, of Union, $100,979.47 to $102.0S9.61;
First National, of McMlnnville. $349.
199.17 to $359,891.93; Benton County Nation
al Bank, of Corvallis, $78,440.47 to $09,-031.65.
IN SOLID HARNEY COUNTY.
Banks of Burns Show Increased De
posits and Keserves.
BURNS, Or., Dec. 8. (Special.) There
is no other place on the Pacific Coast or
In the country where the financial situa
tion Is reflected more favorably by the
condition of the banks than In Burns. It
Is a source of pride to Harney County to
note that during an excitement which
caused the withdrawal of funds from' the
banks everywhere, the banks of Burns
have steadily Increased their deposits and
their cash on hand.
Since the last report, made in response
to the call of the Controller, the First
National Bank, of Burns.' has Increased
its deposits about $60,000 and the Harney
County National Bank has increased Its
deposits $16,000. The former has cash on
hand and in banks amounting to $135,
468.90 and the latter has of the- same
Items $114,000.
TAFT PARTY IS DELAYED
Steamer President Grant Held at
Bolougne Because of Storms.
BOULOGNE. Dec. 8. The steamship
President Grant, on which ' Secretary,
Taft and party are passengers, and
which was to have sailed from this
port today, has been delayed by heavy
weather.
NOBLE DIES FROM MORPHINE
Count Edward Slzzo, of Xoris, Takes
Overdose in His Room.
LONDON, Dec. 8. Count Edward Slzzo
of Noris, a member of a wealthy and
prominent Austro-hungarlan family, and
connected with the diplomatic service,
died from morphine poisoning in his
room in London on Friday night. It Is
supposed that he took an overdose as
he had been suffering from insomnia and
was in poor health, but the idea of sui
cide is not excluded. Slzzo had an ad
venturous career, an Incident In his life
being a duel with Prince Radzlwlll, an
attache of the Russian Embassy. Neither
of the cambatants was wounded. Four
months ago he made a tour through the
United States.
VALUALBE PAINTING STOLEN
Van Dyke's "Erection of the Cross"
Taken From Notre Dame Church.
COURTRAI,. Belgium. Dec. 8. One of
Van Dyke's great masterpieces, "The
Erection of the Cross," has been stolen
from the Church of the Notre Dame. The
thieves carefully cut off the canvas from
the frame and carried it away. They
are believed to be experts. Special watch
men employed in guarding the treasures
of the church observed nothing.
Boulogne Because of Storms.
ROME, Dec. i. Archbishop P. W.
Riordan, of San Francisco, arrived here
today. He will take up the matter of
the candidature of the Rev. Edward
Hanna, of Rochester, as coadjutor Arch
bishop, of San Francisco.
Madame Lo Barry to Wed.
PARIS, Dec. 8. The Matin announces
this morning the engagement of the
well-known Madame Le Barry and
Claude Casimlr-Perler, son of the late
President.
Mexico Raises Sugar Tariff.
MEXICO CITY, Dec. 8.-By an act of
the Chamber of Deputies the duty on
sugar has been raised 5 cents per kilo.
AWAIT .WILSON'S REPORT
Future Status of Merchant's Nation
al Will Then Be Determined.
OREGONIAN NEWS BUREAU, Wash
ington, Dec. 8. Until Bank Examiner
Wilson arrives here the middle of this
week and confers with Controller of the
Currency the latter will be unable to say
whether the Merchants' National Bank
of Portland is to re-open or not. Wilson
mailed his report on the bank's condition
Just prior to starting for Washington,
but the report has not yet been re
ceived. His report is confidential and will
not be given out.
CONTENTS TODAY'S PAPER
Foreign.
Gustavo V becomes King of Sweden. Page 1
Taft party delayed at Boulogne by stormy
weather. Page 1.
.Domestic.
Ooldfleld mines to be opened by non-union
men. Pago 1.
American laborers will replace foreigners In
Pittsburg coke works. Page 8
Rescue of entombed coal miners delayed by
fires. Page 4.
Financial situation vastly Improved. Page 3.
Call for Republican National convention
Issued. Page 3.
Pacific Coant.
Pan Francisco bankers arrested on felony
charges. Page 1.
Albany T. M. C. A. convention closes.
Page 2.
Oregon apples win prizes at Vancouver, B. C.
Page 4.
Sport.
Multnomah football team returns from Seat
tle with story of unfair officials In Satur
day's game. Page 5.
Portland and Vicinity.
National Banks of state hold cash reserves
far exceeding Government requirements.
Page 1.
American Surety Company will prosecute
dishonest bank officials. Page 9.
Dr J. Whitcomb Brougher eulogizes late
Judge Fraser. Page 12.
Dr. Muckley gently chides fellow pastors on
Sunday observances. Page 12
North End nearly blotted out by money
stringency. Page 9.
Enormous accumulation of business awaits
courts at close of bank holidays. Pag 14.
John Iamont. well-known business man and
politician, is dead. Page 14.
GUSTAVE II NOW
OF
Oscar's Son Takes
Oath of Allegiance.
YOUNG SOVEREIGN IS POPULAR
Whole Country Bowed With
Grief for Aged Monarch.
DIES WITH BROKEN HEART
Secession of Norway Preyed Heavllj
on His Mind End Conies Quietly
While He Sleeps-JfJncon-solous
to the liasU
STOCKHOLM, Dec. S.-Oscar II, King
of Sweden, died at 9:10 o'clock this' morn
ing. The death of the venerable monarch
occurred in the royal apartments of the
palace, where, surrounded by the mem
bers of his family. Including the aged
Queen, Sophia, and the Crown Prince, Os
car Gustave. and high Ministers of state,
the Inevitable end had been awaited
while outside the palace great crowds
stood with bowed heads and tearful eyes
long after the announcement came of the
death of their well-loved sovereign.
The whole country is bowed with grief,
for King Oscar was something more than
a ruler of his people and had endeared
himself to them as an Intimate and per
sonal friend. When the flag on the pal
ace was dipped to half-mast, tllere was a
moan of anguish from the assembled mul
titude and many of them cried, "Our dear
old King Is dead."
Death Comes Quietly.
The following official bulletin was post
ed after the King's death:
The strength of the king1 continued to de
crease throughout the night and the state of
unconsciousness became more marked. His
Majesty passed quietly away at 9:10 A. M.
The death certificate was worded as fol
lows: TVe declare upon oath that His Majesty.
King Oscar II, expired peacefully at 9:10
o'clock this morning In the castle at Stock
holm, at the age of 78 years, e months, 17
days, as the result of calcification of the
cerebral and cardiac blood vessels.
(Signed.) BERG.
EUGRE.V,
FLENSBURO.
Guslav V Takes Oath.
The succession to the throne of Sweden
now passes to Oscar Gustave Adolphe,
Duke of Verland, the oldest son of the
late King. At a meeting of the Council
of State this afternoon, the new King
took the oath of allegiance under the
title of Gustave V, and adopted the motto,
"With the people of the fatnerland."
The Princess then took the oath of alle
giance and the new monarch accepted
the homage of the state officials.
The last hours of the expiring monarch
were passed in unconsciousness, and up
to the end he gave no sign of recognizing
those about him. 1 -e Queen was grlef
strlcken because he could not bid .her
farewell.
AH through yesterday the King had re
mained in a comatose condition. At times
there were faint signs of consciousness
perceptible as the attending physicians
brought some temporary relief to the suf
ferer. But their ministrations were with
out avail and they held out no hope last
night beyond a promise to keep the spark
of life burning for yet a few hours.
Court Officials at Bedside.
Believing that death would not occur
until morning, the members of the royal
family and the cabinet ministers with
drew and the physicians left their patient
In the hands of the nurses soon after
midnight. Within an hour or two the
doctors were called again to the sick
room and administered further . stimu
lants, but at 6:15 o'clock the gentlemen
of the King's court were aroused and
ordered to appear at once In the bed
chamber. The premier and foreign Min
ister and the highest court officials, to
gether with all the members of the
King's family, assembled there and re
mained at his side until the end came.
The death of King Oscar is not ex- .
pected to be followed by any serious dis
turbances of Sweden's political condi
tion. The venerable monarch has been
slowly falling for many months past, and
last January he experienced an Illness
that at the time was expected to end
fatally. All precautions we're taken for
the orderly passage of power to the
hands of his able son and successor,
Oscar Gustave Adolphe, Duke of Verland,
who has accepted the title of King Gus
tave V.
Ills Place in Modern History.
. King Oscar has long been one of the
most interesting figures of European
KING
SWEDEN
royalty, his descent from Napoleon's
great field marshal, Bernadotte, his
gigantic stature' and his family connec
tions with many of the other great
houses of Europe combining to give him
an Interesting personality. His truly
democratic habits have made him Idolized
by his subjects, who have regarded him
more as a father than a monarch.
It was King Oscar's devotion to the
cause of peace that attracted the atten
tion of both the United States and Great
Britain when the two countries were
framing the Olney-Pauncefote general
treaty of arbitration, and the document
named King Oscar as final arbitrator
should those representing the two
countries fail to agree.
Under King Oscar Sweden's stability
(Concluded on Page 2.)