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