VOL.. XL.VI NO. 14,707.
PORTLAND, OREGON, MONDAY, JANUARY 27, 1908.
PRICE FIVE CENTS.
CITY "STINK-POT
OF
J J
Baker City Ministers
Issue Circular.
CHARGES ARE VERY SERIOUS
Say They Cannot Get Author
ities to Close Gambling.
ACCUSE CIRCUIT JUDGE
8ay That Judge Smith Was Intoxi
cated on Bench Ask If City Is In
Favor of ltunnlng Schools of
Vice for Boys and Glrla.
BAKER CITY. Or.. Jan 36. (Special.)
A sensation was created in this city this
morning, when the citizens awoke and
found in their dooryards a circular Jrom
the Ministerial Association bitterly criti
cising and condemning the officials of
Baker City and Baker County. The cir
culars were also distributed at the church
services and are eagerly sought atter by
all people because of their sensational
character.
After quoting a letter from an anony
mous writer, in which the ministers are
condemned for allowing the town to re
main open and telling them how they
could close it, the ministers call the
writer a coward and a liar. They also
place The Oregonlan correspondent In the
same class, alleging that the article
which appeared in The Oregonlan, under
date of January 24, regarding gambling
in Baker City, states lies.
The ministers then set forth a Tium-J
of reasons why they have not accom
plished anything, and go on at some
length about the amount of talking and
' preaching they have done. They admit
that they cannot compel the officers to
close up the town, but the officials say
they have not yet supplied the necessary
information, upon receipt of which the
officials will close the town. They main
tain they have been duped by the Mayor,
and state further that the moral and
law-abiding citizens of Baker City have
repeatedly asked the Mayor to do his
duty. The ministers state that they went
before the grand Jury and tried to indict
the Sherlfl, but could accomplish nothing.
"Stinkpot of Corruption."
Then they proceed to stir up a stinkpot
(as they call it) of corruption in Bai.er
City. They complain that young people,
hardly more than boys and girls, are al
lowed to wander about the streets at all
hours of the night, 'the skating rinka
run wide open on Sunday and they say
that one is so vile that complaint was
made to the police, but no action i as
taken. They also assert that two boys
became contaminated with a vile disease
at the Armory Rink. They complain of
the fallen women, stating that about
thirty are in the city, and that the chief
of police rounds them up every month
and compels them to pay a fine of $5.
They say also that several saloons pay a
fine of $100 a month for gambling. They
allege the stores of the city are schools
for gamblers, saying that boys are al
lowed to gamble and iccome contam
inated with vice In such places.
One of the representatives of the n.in
isters, according to the circular, made the
rounds of the saloons one night and
found one of the policemen in a gambling
den. They say It is rumored that the
same policeman had been so drunk
again and again while on duty that he
had to be taken home In a cab, and yet
the Mayor continues to appoint him end
allows him to remain on the force.
Attack on Judge Smith.
One of the most sensational parts of
the dodger is the attack upon Judge
Smith, of the Circuit Court. The minis
ters say that Roy Fuller, who is accused
of manslaughter and is now In jail await
ing the appeal of his case, declares that
Judge Smith was Intoxicated during the
trial. They state that FYed Parker Is
still In Jail because the Judge is unable
to make out the necessary papers for his
release. They charge also that the Judge
and Mayor Johns were seen In a bar-room
four and a -half minutes after the Harvey
Brown memorial, the Judge drinking and
the Mayor working the slot machine.
The circular closes with several queries
to the people. It asks them if they are
in favor of the present city and county
officials and their policy of governing the
city. They allege the growth of U:a city
is retarded because of the vice that is
prevalent, and ask, "Are you In favor of
running schools of vice for your boys
and girls, simply because the city gets
$400 a year from them?"
The eloquent close is, "Have we a
boneless' city as well as a 'boneless'
Charlie?" Yours for Baker, the Beautiful,
the Ministers' Association."
LISBON OFFICIALS AFRAID
Premier Franco Sleeps In Different
House Each Night.
LISBON, Jan. 21 Although the govern
ment apparently ts master of the situa
tion, much nervousness is manifested In
official circles following the plot to over
throw the monarchy and establish Portu
gal as a republic. Premier Franco, upon
the advice of the police, sleeps each night
In a different house, surrounded by cav
alry. The police have discovered a num
ber of places where revolver and bombs
have been stored by the conspirators, and
these weapons have been seized. Troops,
CORRUPT!
police and customs corps have been as
signed to barracks ready for any emer
gency. Although the government claims that
there Is no disaffection in the army, the
sergeants and subalterns of several regi
ments have been shifted, indicating that
the plot had ramifications among i-e
soldiers. The two leaders, Borger and
Chagras, have been transferred to the
fortress.
THEIR HATS OFF TO ROYALTY
Berlin's Streets Thronged In Honor
of Emperor's Birthday.
BERLIN, Jan. 26. Half a hundred rep
resentatives of Germany's highest nobil
ity are here to take part in the celebra
tion of the Emperor's birthday tomor
row. In the streets where a fortnight ago
mounted police charged and sabered
thousands clamoring for manhood suf
frage, crowds today gathered to watch
the equipages of princely persons and
take off their hats respectfully to the
sovereigns of Baden, Hesse, Mecklcn-
Count Lanzlo Szechenyl, Who Will
Marry Miss . Gladys Yanderbllt
Today.
burg-Schwerin, Oldenburg and Schwam-burg-Lippe
and the Regent of Bruns
wick, who were among those who have
come to congratulate the Emperor.
Emperor William was saluted with
more than usual deference as he walked
through the Tiergarten early this after
noon. The Emperor is beginning his
50th year and is near the close of the
20th year of his reign.
Bourse Is Paralyzed.
PARIS, Jan. 26 The Madrid corre
spondent of the Echo De Paris telegraphs
that he is informed the situation In
Portugal is grave and that Premier
Franco has asked the King to suspend
the constitutional guarantees. , . . . .
The correspondent adds taat -commerce
Is prostrated and the Bourse is paralyzed.
JOIN HEY WITH TITLE
GLADYS VANDERBELT TO WED
AT XOOX.
Monsignor Lavelle Will Perform the
Ceremony After Wedding Break
fast Couple Go to Newport.
NEW YORK, Jan. 26. In the famous
"Vanderbllt mansion at Fifth avenue and
Fifty-seventh street, at noon tomorrow.
Miss Gladys, youngest daughter of Mrs.
Cornelius Vanderbllt, cousin of the Iuch
ess of Marlborough, and one of the rich
est of American heiresses, will become
the bride 'of Count Laszlo Jeho Maria
Henrlk Simon Szechenyl, a young Hun
garian noble of ancient lineage and com
fortable' fortune.
Last 8umm.' Miss Vanderbllt became
of age ,and, under the provisions of her
father's will, entered into possession of
her share of his great fortune, estimated
at from $12,000,000 to $16,000,000.
The marriage will be performed by Mon
signor Lavelle, rector of St. Patrick's
Cathedral, and the bride's attendants will
be Miss Ruth Vanderbllt Twombly and
Miss Dorothy Whitney. . Count Anton
Sigray, who recently arrived here with
Count Tionys and his wife, and Count
Paul Esterhazy, will be the best men.
One of the bride's brothers, probably
Reginald, will give (his sister in mar
riage. After the ceremony a breakfast
will be served, to which some 250 Invita
tions have been issued. The Vanderbllt
home has been superbly arranged and
decorated for the occasion and one of
the features of the ceremony will be mu
sic by an orchestra of 60 pieces.
The wedding gifts are said to exceed
Jl .000,000 in value and are guarded day
arid night by detectives, and special po
lice arrangements have been made to
handle the-curlous throngs which usually
gather on such occasions.
The young couple will leave Monday
afternoon for Newport, where Mrs. Van
derbilt's home, The Breakers, has been
prepared for them. There they will re
main until February 4. when they will
sail for Europe.
JOHN D. AT NEGR0 CHURCH
Rockefeller Makes Generous Dona
tion to Augusta Baptists.
AUGUSTA; G., Jan. 26. John D.
Rockefeller occupied his first Sunday
morning in Augusta this Winter In
listening to a sermon In the Tabernacle
Baptist Church (colored) by Rev. G. T.
Walker. Mr. Rockefeller made a "very
generous donation" to the church.
Zero Weather In St. Paul.
ST. PAUL, Jan. 26. The open Winter
that has prevailed In Minnesota and Wis
consin was broken last night and today.
A heavy snow was general throughout
both states. The temperature is falling
rapidly and at 10 o'clock tonight the
thermometer in St. Paul registered two
degrees above sero.
IS. EDDY MOVES
j
Leaves Concord Quietly
by Special Train.
NEARER TO MOTHER CHURCH
Scientist Leader Had Long
Planned to Make Change.
SECRET KNOWN TO FEW
Accompanied by Secretary Frye and
Members of Household, Party
Takes VP Residence on Law
rence Estate at Brookline.
BOSTON, Jan. 26. Guarded by the
utmost secrecy, Mrs. Mary Baker Ov
Eddy, founder and head of the Chris
tian Science Church, was removed by
special train today, with all her house
hold attendants, from Pleasant View,
In Concord, N. H., wheie she has lived
for 19 years, to a new house In the
fashionable Chestnut Hill section of
Brookline.
The coming was unheralded, and only
a few members of the Christian Science
Church had been aware of the con
templated change. Even -the train crew
which eafly today took the private car
of the vice-president of the Boston &
Maine Railroad to Concord, were com
manded to maintain absolute secrecy
as to the trip they were to make, and
the best men in the service of the road
were assigned to the duty.
Guarded as a Royal Personage.
Preceded by a .pilot engine to clear
the way, the special train of three car
left Concord at 2 o'clock, and pro
ceeded over three railroads, by a cir
cuitous route, to the Chestnut Hill sta
tion on the Boston Sc. Albany road. In
the rear of the train, to guard agalnet
collision, trailed a third engine.
Arriving In Brookline) at 6-o'clock,
the party was taken to the late A. A.
Lawrence estate, one of the most beau
tiful in all Brookline, even before
$100,000 had been spent In the past four
months to remodel it, and here Mrs.
Eddy was settled in her new home.
Mrs. Eddy Carried to Her Room.
A most unusual scene attended the
arrival of the special train at Chestnut
Hill station. There were seven closed
carriages to meet the party and con
vey thera to the Lawrence estate. The
fifth carriage in the line, the smallest
of all, and the least conspicuous, was
occupied by Mrs. Eddy, Calvin A. Frye,
her secretary, and another man, appar
ently a groom. All were warmly
wrapped in furs, and the women all
carried bouquets of beautiful flowers.
. The Lawrence home was reached at
Just 5:20 o'clock.'' One by one, the men
and women of the party alighted, and,
gathering about the massive porch at
the front entrance, stood In line on
either side from the carriage steps to
the house. When the carriage of Mrs.
Eddy drove ujS to the porch, Calvin A.
Frye was the first to leave it, and fol
lowing him came the other man. Lean
ing back Into the carriage . the big
man, powerful of limb, gathered up the
frail form of Mrs. Eddy. Wrapped In a
long sealskin cape, with a black bon
net trimmed with violets on her head,
and with her hands protected by white
gloves, she was carried gently up the
steps In the big man's arms, through
the long line of people, who murmured
softly as she passed. Then she was
taken upstairs In the house and placed
In what will be her own private room,
on the front of Commonwealth avenue
side.
Ground Ordered Cleared.
Immediately the whole great house
burst forth into light, and from every
window came the rays where before
the few lights had burned dimly. Trunks
and satchels were passed in and so on
all but one of the party had passed Into
the house. Calvin A. Frye remained be
hind and was closely pressed for Infor
mation by newspaper men and others.
Absolutely refusing to give any names of
those In the party or to make any state
ment, he turned to six tall, powerful
men, who stood near him, and ordered
that every person be at once put off the
grounds. Then he turned and entered
the house.
Armed Guards on Premises.
And his orders were obeyed Without
delay.
At 8 o'clock the light in Mrs. Eddy's
room was extinguished, a little later the
servants passed from the house to their
quarters, and the first night In her new
home had begun for Mrs. Eddy. Six
men remained on guard fnrough the
night, and tomorrow six others will take
their places for the day guard. Within
a week permits have been issued by the
Brookline police force for the men to
carry arms, and It is believed that the
watch of six by night and six by day
will be continued for some time. '
The names of most of those who com
prised Mrs. Eddy's party were later
learned as follows: Calvin A. Frye, sec
retary; John Lathrop, assistant secre
tary; Arthur Bosburgh, recording secre
tary: John Salchow, personal groom for
Mrs. ' Eddy; Misses Sarah Sargent and
Sarah Ciark, maids to Mrs. Eddy; Mrs.
Mary Scott, housekeeper, and three ser-
TO BOSTON SUBURB
E VENTS OF COMING WEEK
President to Meet Railroad Men.
On Monday President Roosevelt will
meet a committee of the operating-vice-presidents
of leading railroads to
discuss matters which the railroad
men regard as materially affecting ad
versely the railway operations in the
the same day Governor Pat
terson, of Tennessee, will meet the
presidents of railroads operating in
that state to discuss the question of
equalizing passenger rates.
Monday will also see the opening of
the trial of the Pennsylvania State
Capitol graft prosecutions at Harris
burg. Social Event of Week.
The social event of the week win
also occur on Monday, when Miss
Gladys Moore Vanderbllt, the youngest
daughter of Mia Cornelius Vanderbllt.
will become the bride of Count Laszlo
Ezeechenyl. 9
On Wednesday in Washington the
American Forestry Association will
begin a meeting, during which tho
forestry problem will be discussed by
experts, particularly with reference to
the future of the paper industry.
Nation's Kyes on Hughes.
In- the political field, unusual In
terest attaches to the speech which
Governor Hughes will make before he
New York Republican Club Friday
evening, when he is expected to an
nounce not only formally his. can
didacy for the Presidential nomtna- '
tlon, but also to declare himself on
the National- Issues which will enter
into the campaign.
Rear-Admiral Evans battleship fleet
Is scheduled to arrive at Panto Arenas
on Friday or Saturday, and after a
stay of five days to pass through the
Strait of Magellan and head north
ward for Callao. the next stopping
place.
Bills Before Congress.
Congress will .be occupied by pend
ing bills, the House by the deficiency .
appropriation bill and the Senate by
the code bill and Aid rich ' financial
bill.
The most conspicuous event of the
week in the foreign field will be the
reopening of the British Parliament
on Wednesday.
In the French chamber M. Jaurea
will continue his interpellation on the
Moroccan situation, and dispatches
from Paris indicate that he will make
some startling disclosures, probably
precipitating an Interesting debate.
American Flag at Auction.
In London on Wednesday the flag
of the American man-of-war Chesa
peake, captured In the fight with the
British ship Shannon In 1813. Is to
be sold at public auction, and aooord
lrg to cable dlspatohesv there will be
spirited competition on the part of
Americans to get possession of thla
famous bit of bunting, v
On Thursday Viscount Hayashi Is
scheduled to address the Japanese
Diet regarding the Immigration ques
tion. His address will be regarded as
highly Important.
vants; Rev. Irving S. Tomllnson, for
merly reader In the First Christian Sci
ence" Church, Boston; Dr. A. B. Morrill,
Boston, and Archibald McLellan.
SCRPRISES CONCORD PEOPLE
Knew Nothing of Mrs. Eddy's Plan
to Change Residence.
CONCORD, N. H., Jan. 26. Mrs. Mary
O. Baker Eddy, founder and head of
the First Christian Science Church, to
day left her nome. Pleasant View, in
this city and by a circuitous route in
a special train, went to Chestnut Hill,
Brookline, to a house recently pur
chased by the Christian Science de
nomination. Mrs. Eddy was accom
panied by her secretary, Calvin A.
Frye; Archibald McLellan, one of the
trustees for Mrs. Eddy's property; Rev.
Irving C. Tomllnson, a Christian Sci
ence "reader," and a dozen other men
and women of the Christian Science
belief.
Mrs. Eddy left' in a special train,
consisting of an engine and three cars'
over the Boston and Maine Railroad.
Her train "was preceded by a light en
gine and another engine followed atter
a brief interval.
Mrs. Eddy will take up her residence
in Brookline permanently.
Mrs. Eddy's departure came as a
great surprise among the people of
this city, very few of whom suspected
that such a move was contemplated.
Investigation today showed that a car
load of furniture and one of Mrs. Ed
dy's carriages was shipped from Pleas
ant View to Brookline last week. Pro
fessor Herman Shering, first reader of
the Church of Christ Scientist in this
( Continued on Page 3.)
CONTENTS TODAY'S PAPER
Foreign.
Situation in Lisbon serious. Page 1.
American torpedo flotilla reaches Buenos
Ayres. Pago 1.
National.
Taft makes his report ou jne Philippines.
Page 2.
- Domestic
r8 Eddy moved from Concord to Brook
line, a Boston suburb. Page 1.
National Bank of North America closes its
doors. Pago 1.
Million dollar firs In Portland, Me. Page 2.
Gladys Vanderbilt and Count Szechenyl will
be married at noon today. Page 1.
Political.
Bryan's chances look good on paper. Page 1.
Affairs of state sidetracked for politics by
New York Legislature. Page 3.
W S. U'Ren announces he will not be a
candidate for United states . Senate.
Page 3, .
Paclfls Coast.
Mvsterious murder on University of Wash-
' ington campus. Page 3.
Warring Tongs receive orders from embassy
at Washington to stop fighting. Page 2.
San Francisco will dress up for visit of fleet.
Page 2.
Portland and Vicinity.
State funds not placed In Title Trust Bank
without definite plan. Page 8.
Thousands visit the city parks on first
Spring day. Page .
Eighteen measures to bo voted on under
initiative and referendum. Page 5.
Greeks arrested for violating ventilation
ordinance. Page 9. .
Secretary Stone, of T. M. C. A., declares
police have no right to drive unemployed
out of Portland. Page 8.
Depositors in Title Guarantee St Trust Com
pany declare for more stringent banking
lawa Page 8.
BRYAN'S ELECTION
E-flfJ PAPER
4
Figures Can Be Made
to Show This.
GHANLER AS RUNNING MATE
Very Favorably Regarded by
Bryan Men.
NEW YORK DISLIKES TAFT
Democrats Pick Taft to Head Repub
. lican Ticket and In That Case
Look for Easy Victory Oppo
sition to Bryan Develops,
NEW YORK, Jan. 26. (Special)
William J. Bryan's recent trip to New
York, It is now understood, was for
the purpose of selecting a running
mate for the next campaign.
His personal investigations, and the
information he has received have con
vinced Mr. Bryan that Secretary of
War Taft will be nominated at the.
Republican convention on the first bal
lot. With Taft on the ticket, Bryan
believes that New, York would be at
least debatable, and with a good strong
man from this section as his associate,
he is convinced that the electoral votes
of the Empire State could be safely
counted as Democratic. The Nebras
kan's chief advisers here have been
Augustus Thomas, the dramatist, and
Harry Walker, respectively president
and secretary of the Commercial Trav
elers' League, and Norman E. Mack, of
Buffalo, the present National commit
teeman. At the present moment Lieutenant
Governor Louis Stuyvesant Chanler is
favorably regarded by the Bryan men.
He has made a good record at Albany,
and is much stronger with the rank
and file of the voters than he was be
fore he took office.
Chanler Admires Governor , Hughes.
Chanler is a great admirer of Gov
ernor Hughes. Ever since the latter
took office, his Democratic colleague
has praised him publicly and privately.
"We differ on many subjects," is
one of Chanler's favorite remarks.
"Often the Governor does things that
are contrary to what I would have
done, but he Is thoroughly honest and
conscientious, and I am convinced is
about the best Governor New York
state ever had."
Now that la high praise for a po
litical opponent. Hughes and his
friends appreciate it. Undoubtedly it
would mean a good many votes for
Chanler if he ran for office in a year
that Hughes was not on the ticket.
Chanler has also demonstrated political
sagacity by sidestepping factional fights.
He is not embroiled with Murphy or
Conners, and the old line Democrats who
beat Hearst in 1906 have kind words for
Chanler. The Cleveland Democrats, who
have been seeking to organize an anti
Bryan movement, have had their nets
out for the Lieutenant-Governor. He has
been invited to attend caucuses and con
ferences, but on every occasion has been
"too busy."
How Bryan Will Be President
One enthusiastic Bryan man in this
city has the figures to show that the Ne
braskan will be the next President- He
claims that these figures will later be
shown to be facts. Anyway, his reason
ing Is interesting:
"In the last Electoral College Roosevelt
received 336 votes and Parker 140. Since
then Oklahoma has been added to the list
of states with 7 electors, a total of 483.
This makes 242 votes, necessary to a
choice. Now, let us see where Bryan
stands. It is conceded that he will have
the 140 that Parker received. The Judge
lost one of the Maryland delegates. There
will be no split this year. Missouri also
seems to have returned to its Demo
cratic moorings. The last election showed
conclusively that Oklahoma Is as solidly
Democratic as any Southern constituency.
Her seven votes will be for Bryan. This,
with Missouri's IS, and the one from
Maryland,- give a conceded gam of 36, a
total of 166.
"The Republicans are getting weaker
In New York every year. Hughes was
the only man who could have carried it
in 1906. If Taft is the candidate he will
be slaughtered at the polls.
Wall Street Not for Taft.
"He will lose the votes of the Wall
Street men, who blame Roosevelt for the
recent financial panic, and will vent their
spite on Taft. He will lose the votes of
the Hughes men, who are angry at the
kind of politics that has been played by
Federal office-holders. He will lose the
votes of thousands of negroes because
of the Brownsville' case. Any Democrat
could beat Taft in New York this year.
That Is a gain of 39 more votes, a total
of 205.
"Don't regard Ohio as a hide-bound
Republican state. The Foraker men will
knife Taft. The Cox crowd in Cincinnati
will do the same, although they are
openly for his nomination. They do not
forget that the War Secretary's speech
a few years ago beat the Kepublican can
didate for Mayor of Cincinnati. . Bryan
can carry Ohio against Taft That Is -i
more votes, bringing the total up to 228.
"New Jersey, which got away from
the Democrats In 1896. is swinging
back to her moorings. The present
Republican Governor only slipped in
sun
by a tew thousand. The strict Sunday
laws, which Governor Ford is pledged
to uphold are driving the Germans
over to the Democratic party: Every
city in the state is a Democratic
stronghold. Many thousands of New
Jersey voters are workers in New
York. The same Influences that hurt
Taft in the Empire State are Injuring
him across the river. New Jersey has
12 votes. Bryan will get them. That
brings his total up to 240. only two
votes from a majority. .
Opposition to Bryan In Ranks.
"Delaware may furnish them. The
Republicans are steadily growing
weaker there. It is an even bet that
Connecticut may swing into the Dem
ocratic column with her 7 votes. The
Nutmeg State's machine has been in a
bad state since the deaths of Senators
Orvllle Piatt and General Hawley.
Colorado is not a certainty for Taft.
Neither Is Nevada. And the votes of
either one of these states added to
II.., . y. .-X: . "OPJ(lJa-,
-7 ;
Hiss Gladys Vanderbllt, Who Be
comes the Bride Today of m Hun
garian Nobleman.
that of those given above, would land
William Jennings Bryan in the White
House."
These figures were shown to another
Democrat, who does not favor the nom
ination of the Nebraska man. Here is
his comment:
"I believe the states named will be
the real battleground, but I do not
regard Bryan as the man who can suc
cessfully lead the fight there. Judge
Gray, of Delaware, Governor Johnson,
of Minnesota; Senator Culberson, of
Texas, or Lieutenant-Governor Chanler.
of New York, would, I believe, make
a much better showing. , Person s.lly I
favor Governor Johnson, for tie has
twice demonstrated his remarkable
vote-getting capabilities under condi
tions that would be regarded as dis
couraging." Democrats of all shades of opinion,
in this section of the country, however,
agree on one thing:
They believe that Taft would be the
easiest man of the candidates now in
the field, to beat.
REACHES BUENOS AYRES
TORPEDO FLOTIIIjA IS GIVEN A
HEARTY WELCOME.
Boats Make Trip in Splendid Shape.
Series of Entertainments for
Officers and Crews.
BUENOS AYRES, Jan. 26. Attended toy
a division of Argentine torpedoboats, the
American torpedoboat flotilla, which left
Rio Janeiro January 21, entered the port
of Buenos Ayres at 8:30 this morning,
the arrival being witnessed by a great
crowd of spectators. A few minutes later
Commander Moreno, of the ministry of
marine, went 'aboard the Whipple and
welcomed the American officers in be
half of the Government of the Argentine
Republic The entire extent of the pub
lic docks where berths had been prepared
for the visiting fleet, was lined by de
tachments of marines and prefecture
guards. Almost up to the moment of en.
tering the port the weather had 'been ex
tremely stormy, but it gradually cleared
and brought Increased numbers of spec-
tators down to the harbor to give silent
but hearty welcome to the American
sailors. On entering the basin one of the
tugs which had the torpedoboats in tow
was cast off, leaving the tug Enrlqueta
to conduct the W hippie to ner mooring
Lieutenant Commander Cone, com
mander of the flotilla, was greatly
pleased with the hearty reception. He
said but for the fog that delayed the little
vessels about twelve hours outside Rio
Janeiro, the passage to Buenos Ayres had
been fine. The Americans were met by
the Argentine flotilla off Floras Island
yesterday afternoon at 2:30. The welcom
ing fleet saluted and steamed -around the
flotilla for half an hour and there was
a warm exchange of greetings. Com
mander Cone subsequently 'boarded the
Argentine flagship and the trip to tiiis
port was continued. The torpedoboats
anchored in the roads shortly after mid
night and came up to tne dock as early
as possible.
Every boat In the American flotilla Is In
excellent condition and made the passage
-here without a hitch. The boats will re
main 'here until Thursday morning, when
they will steam for Sandy Point In the
Magellan Strait, to Join the battleship
fleet.
A number of entertainments have been
arranged in -honor of the visitors, which
will Include excursions to Interesting
points, a banquet to be given toy the
minister of marine, and receptions by the
President of the republic and the Naval
Club. These will take up Monday and
Tuesday and on Wednesday there will be
a reception at the American legation and
a number of private parties. All of the
men on the flotilla are In good health. It
Is expected the Argentine squadron,
which' has been ordered to meet the
American battleships and escort them
down the coast, will come into com
munication with the Pacific fleet about
128 miles out from Cape- Corrientes,
probably early tomorrow morning. The
battleships left Rio Janeiro on January 22.
NEW YORK BANK
FORCED TO CLOSE
Morse Institution Can't
Stand the Strain.
PREPARES FOR LIQUIDATION'
Receiver for National Bank of
North America.
RUMORS CAUSE FAILURE
Controller of Currency Issues Report
Saying Creditors Will Be Paid in :
Full Over $2,000,000 Dm
the . Clearlng-House.
NEW YORK. Jan. W. Controller of
the Currency William B. Ridgeley today'
ordered the National Bank of North1
America closed for liquidation and ap
pointed Charles W. Hanna, National .
Bank Examiner, as receiver.
The aftermath of the financial storm
of last October in Its effect on the bank,
which will tomorrow clore its doors, has
been in the shape of heavy and persist
ent withdrawals, the result, according to
President W. P. Havemeyer. of Insistent
rumors set afloat respecting the bank's
condition. Membership In the Cleaiing
House Association enabled the bank to
weather the gale for a time, but the aid
extended by this association In the form
of loan certificates finally became tbs
means of bringing about the decision to
go Into liquidation when the call for
their redemption was intimated to the di
rectors on Saturday last. The bank's in
debtedness to the Clearlng-House Asso
ciation Is C 200.000.
Rumors Start a Run.
President Havemeyer, In a statement
given out tonight, laid the blame for the
trouble upon the persistent rumors which
he declared were the cause of the with
drawals that on Saturday became so
heavy that it was 'believed the bank
' would hot be able to meet the obligations
on Monday.
Two meetings of the directors were
held today, and at the conclusion of the
last the directors decided to withdraw
from the Clearing-House Association and
ask the Controller of the Currency to
take charge of the liquidation, of the
bank.
W. B. Ridgeley, Controller of the Cur- -rency,
made the following statement of
the bank's assets:
. "At the request of the board of direc
tors of the National Bank of North
America the Controller of the Currency
has - ordered the bank to be closed for
liquidation and appointed National Bank
Examiner Charles W. Banna as receiver.
The action of the directors was not taken
because they considered he bank in
solvent, but on account of the difficulties
of realizing on the assets of the bank
readily enough to meet the heavy de-.
man da of depositors in the last few days
and probable further larce withdrawals
feared.
. Pay Depositors In Full. !
"The receiver will proceed at once with
the liquidation of the bank and the pay
ment of its creditors. It Is estimated
that all depositors will he paid in full.
"Following Is a statement of the condi
tion of the bank at the close of business
Saturday, January 25, 1908:
ASSErrs.
Loans and discounts -...$o,640,318.TS
V. S. bonds and premiums.. o8,00C.78
Panama and otber bonds and
stocks 086.348.50
Bank house and other real estato X,21o.5oo.oo
Cash and checks in other banks.. . 442,476.55
Due from collection banks 8&4.281.S1
Total .8, 737,827.90 y
LIABILITIES.
Capital stock $2,000,000.00
Surplus and profits 536.345.4a
Circulation . o0.G00.00.--
Bonds borrowed ... 120.000.00
Clearing-House certificates 2,200,000.00
Individual deposits.. 2.449,010.00
Bank deposits 1.0S2.422.00
United States deposits...... 300,000.00
Total S8. 737,827.90
William A. Nash, acting chairman of
the clearing-house committee, issued tha
following statement tonight:
Retires From Association.
"The National Bank of North America
has decided to withdraw from member
ship in the Clearing-House Association
and to liquidate under the authority of
the Controller of the Currency. This re
tirement of the bank is regarded as the
simplest method of liquidating. The ex
changes with the bank will not be mads
at the clearing-house tomorrow morning.
While the clearing-house committee re
gards the growing surplus and improved
condition of the bank as highly favor
able to a complete retirement of the
clearings, the statement that the banks
are being forced to retire them has no
foundation in fact."
President Havemeyer said tonight he
believed the bank Is entirely solvent
and that with a careful liquidation ths
stockholders will receive par for their
stock.
The National Bank of North America
has a capital stock of $2,000,000, and on
August 22 last, at which time a re-.
port was made to the Controller of
the Currency, showed deposits of J19,
787,400. This sum had been largely and
gradually decreased by withdrawals
during and subsequent to the panic,
and on December 3, the date of ths
next report, showed deposits of $6,
926,500, and cash on hand $381,500.
Since that time, according to President
Havemeyer's statement, the deposits
(Concluded on Fag 2.)
to I03.0p