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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Jan. 15, 1908)
THE MORNING OREGOMAX, WEDNESDAY, JANUARY 15, 1908. nin nnnnnin t I dhid nuuatvtLi CAUSED THE PANIC Count Von Kanitz Speaks Reichstag on Finan cial Crisis. in THREATS ABOUT TRUSTS JSotctl Financier Says Germany Suf fered by American Panic Advo cates Silver Coinage and the Minister Will Adopt It. BERLIN. Jan. 14. In the course of an Interpellation in the Reichstag today in reference to the high rate of discount charged by the Imperial Bank, Count von Kanitze, Conservative, suggested that President Roosevelt's threats against the trusts were responsible for the critical financial situation existing today through out the world. "These threats," the Count said, "con stituted the real cause of the present financial condition." He added that the opponents of the trusts must recognize that interference with the financial activity of the United States, which is based on the operation ot the trusts, means interference with the entire economic situation in America. "America's error has been that she al lowed the trusts .to go so long without in terference," said the speaker. Count von Kanitze reviewed what he called "the frenzied finance" of America of the last few montns and drew atten tion to the recent fight for gold in Eu rope. He said that In the month of No vember alone, 158,000,000 marks (about 3$,50O,O00) had left Germany for the United States. Continuing, he . declared that the assistance given by the American Treasury Department had very little ef fect In improving conditions. Trade Balance Against Germany. Count von Kanitze pointed to the un favorable commercial balance of Eu ropean nations, particularly Germany, toward the United States. He took issue with the American statistics concerning foreign trade, declaring that in 1906 Ger many had imported American goods to the value of 1,236,000,000 marks and had exported to the United States only 636, 000.000 marks worth. This left a balance of 600,000.000 marks in favor of the United States, but the American statistics de clared that this balance amounted to only 391.000,000 marks. This balance ha! not been recouped by shipping profits and dividends on American stocks in German hands. In addition to these unfavorable, bal ances, another factor in the situation was the . gigantic sum of 30,000.000 marks in surance which Germany had loyally paid in connection with the San Francisco dis aster, although the German companies were not legally bound to do so. Increase Silver Coinage. Continuing, the speaker expressed the opinion that the United States will need much more money, and that , this will conte from Kurope. He then asked what means would be adopted to prevent this outflow, which even a high bank rate of discount could not keep back. ' He sug gested a moderate return to bimetalism by issuing in Germany silver coinage to the amount of 15 marks per capita, which he said would improve the situation. He upheld the method of he Bank of France, which Issues sliver coinage to the value of 40 marks per capita of population, as a model in this connection, declaring that this system permitted France to have such an enormous gold reserve. The shortage of money, according to Count von Kanitze, made the restoration of orderly financial conditions question able, particularly as there are indications that a period of industrial adversity Is beginning. At the beginning of December there were in Berlin alone 23,000 skilled workmen without employment, and since that time the figures had been Increased greatly. Referring to the prospects of floating the new loan. Count von Kanitze said these were most unfavorable. He was almost certain that interest at the rate of 4 per cent would be necessary, and that this would affect the other state obliga tions. Industrial shares had lost fuKy one-quarter of their value. Minister's View Hopeful. Dr. Bertbold Bethmann-Hellweg. Minis ter of the Interior, replied to Count von Kanitze concerning Germany's solid financial situation, but he did not touch upon the question of Germany's special financial relations with the United States. The number of prosperous industrial and commercial undertakings was greater In proportion than the increase of popula tion. Furthermore, the growing complex ity in the exchange of commodities had caused an extraordinary demand for capital and currency, and this bad been secured only with an unusual increase. in the rate of Interest. The situation in the International money market had in fluenced during the last few months the relations of German debtors and creditors. The reduction yesterday in the Imperial Bank's rate of discount by 1 per cent, however, Indicated that with the begin ning of this year the strain on the bank had materially diminished. The financial pressure on London, Vienna and Paris also had been reduced, evidenced by the rates of discount at these capitals. All things considered, the Minister said, the monetary and Industrial situation in Ger many was healthy. Will Coin More Silver. Dr. Bethmann-Hellweg announced. In conclusion, the Intention of the Govern ment to bring in a measure during the present session of the Reii-hstag, modify ing to a certain extent the present cur rency law. so that with the increase of population there could be an increased coinage of silver. OWLS IN CONCLAVE TODAY Notional Meeting of Young Will Show Growth. Order The first annual National conclave of th Brotherhood of Owls will convene at .Woodmen of the World hall, Klevcnth and Aider streets, at 10 o'clock this morn ing. Besides members of the Portland nest about a0 visiting delegates from all parts of the United States and Canada will attend. The order was organized but little over one year ago and now has a membership of about IW.000, and extends from the Atlantic -to the Pacllic with subordinate nests in nearly every large city. Grand Executive H. U Leavitt, of Prattle, will call the grand lodge to order this morning and In .attendance will be the following executives of subordinate nests: Hunt of -Walla Walla, Fowler of fait Lake City, Saunders of Winnipeg, Canada: Blakcr of Seattle. Rideaux of Vancouver, B. C. : Acklrs of Ia Grande. Lawrence of Tacoma, Kregy of Wallace, Idaho: Gered of Everett. Wash.; Hutchtn of Leavenworth, Zimmerman of Idaho Falls, Mitchell of Nampa. Many -other members have presented themselves at headquarters at the Oregon Hotel. At the regular weekly meeting of the Portland nest last night the installation of officers elected, selected several weeks ago, was conducted by Grand Secretary Wood. Following is a list of the officers installed: Executive. J. W. Howatson; Vice-executive, E. J. Carr; vicar, H. Fried lander; treasurer, W. C. North; sec retary. Jay H. Upton: physicians, Dr. Sam C. Slocum and Louis Buck, and trustees, I. Brunn, H. J. Pulfer and George J. Cameron. Executive Howatson then announced the following appointees: Master of nest, E. J. Crosby; sentinel, Carl Geldln; warder, E. W. Burke, and finance com mittee, R. D. Shepperd and George Nel son. " The proposal to hold the next annual conclave at Seattle in June or July, 1909, will be brought before the grand nest at the meeting today or tomorrow, and will probably be advocated by all ,the dele gates, although Salt Lake City and Win nipeg are desirous of securing the next conclave. . - Today will be taken up wjth the execu tive session, while tonight the visiting members' will attend the Grand Theater in a body. A banquet "will be tendered the visitors tomorrow night, and Friday another theater party will be "held. The visitors will depart for their homes on Saturday. ' ' ' BANQUET EiS CONVENTION SADDLERY DEALERS DINE ,AT COMMERCIAL CLUB. Association Elects M. D. Mills Pres ident and Adjourns After Hear ing Many Interesting Papery. After the most successful convention In the history of the 'organization, the Northwest Retail Harness and Saddlery Manufacturers' Association closed -a two days' session with a banquet at the Com mercial Club, given by the wholesale dealers of Portland. The association will hold the next annual convention in Seat tle, on the second Monday and Tuesday of January, 1909. . - The banquet last night was a fitting close to the harnessmen's convention. About 120 covers were laid at long tables, that were made more attractive by ap propriate decorations, suggestive of the harnessmen's 'craft. Charles M, Mas.tick, of Portland, was toastmaster. There were no set speeches, but the large number of harnessmen who spoke, talked on topics in which all were interested, and every speaker said something worth while. The affair was a Jolly one. When it broke up the delegates expressed their apprecia tion of the hospitality of Portland and the kindness of the Jobbers in providing such a handsome banquet for the visitors. Speeches were made at the banquet by M. D. Mills, president of the association; A. F. Hoska, Tacoma; Phif Hartman, Stites, Wash.; Alex Duncan. Seattle; Otto Breyman, Portland; W. H. McMonies, Portland: E. S. Lamport. Salem: T. R. Fisher, North Yakima; Harry Warner, Portland: J. T. McDevitt, of the North & Judd Manufacturing Company, Newark, N. J. Yesterday afternoon's session concluded the business of the convention. Most 'of the day was taken up with the discussion of trade questions of interest only to the members of the association. Just before the noon hour, the election of officers for the coming year was held, and resulted as follows: President, M. D. Mills, of Lew iston, Idaho; vice-president. A. F. Hoska; Tacoma: second vice-president, R. W. Price, Portland: trustees for three years, T. R. Fishen and J. M. Ward. In the afternoon the trustees met and re-elected O. R. Nestos, of Spokane, secretary treasurer. The remainder of the day was taken up with carrying out the regular programme, which included many discussions of trade methods. A resolution of thanks to the Portland wholesale houses and to others who helped entertain the dealers while in the city, was adopted by the convention. Suit for Wharfage on Trial. Tfie suit of the Northern . Pacific Railway Company against E. N. Spen cer, of The Dalles Transportation Com pany, is being tried by a Jury in Judge O'Day's department of the Circuit Court. The railway company is seek ing to recover $860 damages because the steamer Charles R. Spencer has been loading and unloading at the rail way company's dock in Vancouver since HOMER DAVENPORT SKETCHES FRANCIS J. HENEY AND WRITES HIS IMPRESSIONS OF THE MAN BY HOMER DAVENPORT. I HAVE drawn a rather poor picture of this valuable prosecutor for the simple reason that I was so much interested in the man that I couldn't waste what seemed more valuable time listening to him. To draw Mr. Heney I should want first to study him a day, yes, even longer, as Mr. Heney's face is a study, and then you can study more. It's a wonderful face. There is no other face like it. How it must haunt the .men he has convicted. How it must grin with that deadly sarcasm through the cold iron bars at night. Mr, Heney's most striking features are his eyes. One of them Is a social eye and the other is better than a panther's, nothing could ever steal past it. Com bined in one glance they are as fearless pa eyes : ever grow. It must be these eyes that unstring the big and little thieves alike. Mr. Heney's complexion is wonderful. His face is a clear ivory white, with cheeks as red as a country school ma'm's. His mouth matches his eyes, and his ctiin matches his forehead, and these features, with a fine back head, make Mr. Francis J. Heney the most valuable man in America today with the single exception of the President of the United States. Heney is the biggest asset the common people have, and they are proud of him. He seems to have been especially created for these times sent as it were to rid the country of Its thieves. What man has ever done so much? Of course it was a merciless job. But who but a merciless man could have handled such an assortment? - I am. a great believer In Mr. Heney and believe that he will not make charges against men that he cannot substantiate. He Is too thorough a man to weaken his "batting average" by just guessing this or that. I was surprised to see such a young man who has known thieves so well. But Mr. Heney's face is the strongest .prose cutor's . face In this country. And there Is work for it for months to come. Rarely has just such a combination been seen as is shown in this fighting face. It would never .quit. It would be real humor to think of it becoming tender hearted In war. though I could see all kinds of real warmth In it and though Back of its friendship Is a -tantilizing firmness that would never back up an inch. No man of our present time is more admired by the masses, and no man is more hated by the rich thieves. And that alone proves his value. When you look into his fearless eyes you see in one the land thieves of Oregon and the great tlr stumps left on the ruins. In the other MERCHANTS SAVINGS 8 TRUST GO. 247 Washington -Street. CAPITAL, $150,000.00 Acts as Trustee in all legiti mate relations requiring such service, as to real and personal estates and in bond issues. Does a general banking busi ness. Solicits . patronage of those requiring service of a well equipped and conservative trust company. Has funds for first-class im proved property mortgage loans. 'J. Frank "Watson, President. R. L. Durham, Vice-President. W. H. Tear, Secretary. . S. C. Catching, Assistant Sec'y. 0. W. T. Muellhaupt, Cashier. November 1, 1903. It Is alleged that the regular charge for this Is $20 a month, but that Spencer jhas paid noth ing. . EXCLUSION IN TRANSVAAL Government Begins to Drive Out All Asiatic Settlers. JOHANNESBURG, Jan. 14. Pursuant to .the determination of the government to make the Transvaal so hot tor Asiat ics that those now In the country will be driven out and further immigration come to an end, 50 prominent Asiatics' were ar rested here today. Among the prisoners are the chairman of both the Britlsh-In-dlas and the Chinese Associations and committeemen of those organizations. Hal Caine's Great Drama. The' Lyric is offering a great attraction this week in the shape of a splendid performance by the Allen Stock Company of Hall Caine's great drama. "The Land of the Midnight Sun," which is a dramatization of Mr. Caine's famous novel, "The Bondman." The vailous characters are excellently Impersonated, and combined with the elaborate scenic effects in troduced, make this one of the important of ferings of the year. Matinees tomorrow, Sat urday and Sunday. x Famous Shortstop . Dead. SAN FRANCISCO, Jan. 14. Henry T. Krug, the famous baseball piayer, who is well known to fans as "Heine," died at his home in this city today of pneumonia. He was one of the best known shortstops iii the West. Last year he played -with the Indianapolis team and the year before with the Scrantons. Three years ago he was a member of the winning local nine. '3Ir. Barnes or Xew York." One of the. most popular plays that have ever been presented on the American stage, and one of the greatest successes among the popular novela that has been written in the past two decades. Is "Mr. Barnes ot New York," in which the Allen' Stock Company will appear at the Lyric next week, com mencing Monday night. Seats are now on sale arid you cannot make a mistake by going to see it. Sues Alaskan for Divorce. Ina Stepp alleges. In a suit for di vorce filed in the State- Circuit Court yesterday against Joshua E. Step?, that notwithstanding Stepp has property in eye you see poor-stricken San Francisco, helpless, pockets rifled and left bleeding on the ruins with Schmitz and Ruef and others behind the bars. And Oregon and J FRAM'IS . HENEY, DRAWS J'KOM LIFE BT HOMER DAVENPORT. PEPTS. EVERY ARTICLE REDUCED Observant and thrifty homefurnishers have not been slow in recognizing the importance of this great, clearance event, andToTthe opportunities afforded for selecting furnishings of the most dependable character for every part of the home. Mail orders and out-of-town inquiries will receive our careful and prompt attention. No exchanges made 'on articles sold at reduced prices. . $45.00 Buffet in the weathered oak; special. . , .'. 29.50 $45:00 China Closet in the fumed oak; special $29.00 $45.00 Round Pedestal Table, 6-ft., in the fumed oak ; special'. .: , .$29.75 MEDIUM AND LOW - PRICED We sovf the most stylish patterns in-Dressers of the above grades the material, workmanship and finish being the best obtainable at these prices. $15.00 Dresser in golden oak ; special . . , i..S S.OO $11.50 Dresser in golden oak; special.. 8.75 $19.50 Dresser in golden oak; special.......... $ 9.50 $21.00 Dresser in golden oak; special '. ."...$10.75 $22.00 Dresser in golden-oak; special...... -..$12.75 $25.00 Dresser in golden oak; special. ..$13.00 $27.00 Dresser in mahogany finish; special. . $16.00 $29.00 Dresses in mahogany finish; special $17.50 $29.00 Dresser in golden oak; special ... ...$19.50 $31.50 Dresser in mahogany; special $21.50 $32.00 Dresser in golden oak; special . $20.50 $34.00 Dresser in mahogany; special. $22.50 CLEARANCE SALE ' . LACE CURTAINS This Week in the Drap ery Department on Sixth Floor Alaska worth $5000, and earns $175 a month, .he has failed to support her since. November 5, 1905, when- he de serted her.' She says they were mar ried December 24, 1889, and asks $75 a month alimony and her maiden name, Ina Lane. The couple have no children. David Earl has ftled a divorce suit against Kate Earl, .alleging that she deserted him in 1903. The couple Wert married in San Francisco in 188Q. International Billiard Match. - NEW YORK, Jan. 14. The National Association pt Amateur Silllard Players has accepted the suggestion of the French Association for an international match, to take place at the Llcderkrans Club about the middle of April. The games will be at'lS.2 balk-line, and the balls will be those used in France, which are a trifle smaller than the American balls. Oregon People in Chicaeo. CHICAGO, Jan. 14 (Special.) Oregon people ' registered at Chicago hotels today as follows: At the Lexington Mrs. M. Gratton, Mrs. E. Pease, of Portland. California should meet at the state line and erect a monument to him that will stand for young generations to stop and look at. CLEARANCE BUFFETS, TABLES, CHINA CLOSETS Mission and quaint designs in the' f u m e d and weathered oak; most practical for the service of the dining-room. . $19.00 Pedestal Table,, 6-ft., in the weathered oak; special.. $12750 $22.00 Pedestal Table, 8-ft., in the weathered oak ; . special. .$14.50 . $25.00 Round Pedestal Table. 8- ft., in the fumed oak; special $16.90 $25.00 Buffet in the weathered oak ; special .$16.75 $39.00 Buffet DRESSERS C0MPLETE-H0U5E-FURniSnER5 GANG 6E "Boxcar Rattlers" Broken Up byv0. R. & N. HAD PREYED ON FREIGHT Five Thieves Who Have Operated on Trains for Months Are Sent t - Penitentiary and Others Are Also Flouted. Determined to break up a band of des perate "boxcar rattlers.", or freight thieves, 'who steal from moving trains, the O. R. & N. Co. has made a special effort during the past month to arrest this class of thieves and bring them to justice. As the result of the campaign, a gang that has operated along the line of- the O. R. & N. in a most daring and systematic way has been routed and five members of the band have been sentenced to the State Penitentiary. Sensational in the extreme have been the robberies committed on freight trains along the O. R. & N. by these daring "boxcar rattlers," The gang- that has I been operating with so much success ( during the past few months is recruited ; from the ranks of wandering yeggmen. Having the appearance of common tramps, they have been in the habit of boarding westbound freight trains in the J vicinity of Huntington and secreting themselves on brakebeams or other places I. about the train where they would be out of sight of the train crew. When oppor tunity presented Itself during stops at water tanks or other places, these, tramps would pry open the door of a loaded-boxcar, those filled with miscellaneous mer chandise being usually selected, and would then barricade the doors so they would be secure from interruption even if discovered by the trainmen. Then at their leisure the tramps would pry open the boxes of goods and examine their booty. Stuff of .most value would be selected from the car of goods, and at certain designated places along the line, -usually between Bonneville and Portland, when the trains would be running, after night; trie merchandise wanted by the thieves would be thrown from the moving train and would be picked up and disposed of by confederates. To defeat robberies by tramps has al ways been a vexing problem with the railroads, and the O. R. & N., together with other lines of the country, has been the loser as the result of the operations of boxcar thieves. During the past few months these robbers became so bold, and carried their depredations to such lengths, that special efforts were under taken to put a stop to the loss. Mer chandise stolen en route while in the care of the railroad must be paid for by the road losing it. To E. B. Wood, special agent for the O. R. & N.. has been en trusted the work of breaking up the gangs of "boxcar rattlers." Five of these train pirates were ar rested pel tried at Baker City, one being sent to the penitentiary for one year and four others for three years , each. Some of those convicted were found guilty of stealing grips and overcoats from passenger trains, another trick at which the thieves had proved themselves expert. Another man suspected of being a mem ber of the gang of "boxcar rattlers" was tried yesterday In the local circuit court, but the evidence against him was, deemed insufficient, and he was discharged. He is a man with a penitentiary record, and the charge against him was that of steal- HIND BARS SALE IN ALL 1 in the fumed or weathered oak; $49.00 Buffet in the fumed oak; $52.00 Buffet-in the fumed oak; $57.00 Buffet in-the fumed oak; $53.00 Buffet in the weathered BOOKCASES $15.00 Bookcase - in mahogany finish, special $9.75 $17.00 Bookcase in golden oak, special atf thi.low price. ..,.$10.75 $19.00 Bookcase in mahogany finish, special at $12.50 $24.00 Bookcase in maple; special, ah this low price ...$15.50 $27.00 Bookcase in mahogany finish, special at , $19.75 $30.00 Bookcase in golden oak; special at this low price .....$18.50 $36.00 Bookcase in mahogany; special at this low price $27.00 -. $38.00 Bookcase in golden, oak ; special , .$25.00 $56.50 Bookcase in golden oak; special ..$37.00 $60.00 Bookcase in golden oak;' special $40.00 $76.00 Bookcase in mahogany; special , $52.50 Sal MAKE TOUR SWTtTCRMSjl Ing three saddles from an O. R. & N. freight train. These robbers do not hesitate at break ing open locked boxcars and pilfering from them, and even cars standing in the terminal yards are not exempt from the thieves. It is believed, however, that with the convictions just secured, this class of robberies will be less frequent in future. BURGLARS CALL TWICE Two East Side Homes Entered and Robbed of Jewelry. Two burglaries were committed last night on the East Side, In each instance the occupants of the houses returning home to find their places ransacked from top to bottom. At the house of Dr. J. W. Morrow. 3C0 San Rafael street, jewelry valued at $100 was taken. Entrance - was effected by breaking the glass in a rear window Monmmod m pare. The critical ordeal through which the expectant mother must pass, however, is so fraught with dread, pain, suffering and danger, that the very thought of it fills her with apprehension and horror. There is no necessity for the reproduction of life to be either painful or dangerous. The use of Mother's Friend so prepares the system for the coming event that it is safely passed without any danger. This great and wonderful remedy is. always appliedextern ally, and jias carried thousands of women through the trying crisis without suffering. Send for 're book containing Information f priceless value to all expectant moth era. Ths Bradfleld Regulator Co.. Atlanta. Ga. est for Beautiful Portable Electric Lamp 19 inches high; .brushed brass finish; handsome 12 inch shade; complete with 5 feet silk cord and plug.' FOR THE HOME FOR THE PARLOR, DINING-ROOM OR LIBRARY These artistic fixtures would retail at from $8 to $12 each. On Sale at Company's Supply Department 147-149 Seventh Street Portland Railway, $4.95 $30.00 China Closet in the weath ered oak; special $19.00 $31.00 China Closet, in the weath ered oak; special .. ... .$22.50 $32.00 Round Table, 6-ft., in the fumed oak; special $21.00 $36.00 China Closet in the weath- . ered oak; special $25.00 special $26.00 special . .. $32.00 special ..$35.00 'special. $38.00 oak; special ...-$37.50 CLEARANCE SALE IRON BEDS TOILET TABLES FOLDING BEDS CHIFFONIERES and by this means unlocking the win dow-latch. Dr. Morrow and his familv had been out for dinner, and when they returned a little after 8 o'clock they found the house littered with articles of every description, which the thieves had strewn about. Even the bed was tossed out on the floor. Mrs. Eva Hamilton, whose residence is at 320 Tillamook street, encountered the same experience on returning to her home last night at a little after 8 o'clock. Entering by the rear door,she was surprised to find It open, although the house had been left securely locked. Investigation showed: that the front door was also open, and it is belfeved that the return of the family must have disturbed the burglars at their work, as not all of the rooms had been entered. Entrance here was ef fected with skeleton keys. Mrs. Ham ilton's loss consisted of small articles of Jewelrj-, which she values at about 15. Inspect Rosenthal's shoe store win dows and get busy. No woman's happj.' ness can be complete without children ; it is her nature to love and want them as much so as it is to love the beautiful and Reading The SUNLIGHT ELECTRIC portable Light 6 Power Co. w. hiwjiwi mim Maui 1 --mm-i