Morning Oregonian., April 28, 1908, Page 5, Image 5

JHK MOKMMi OKLUOMA.X, TTESDAY, A TO II. 28, 1908.
AGAIN URGES AN
ANTI-TRUST BILL
(Continued From First I'm
iriMr MPtnnarv hn ntriv to arcus tht
feltiiB- of ciPK cr.ypto nanm In our working
rfrl d" foul anl tri.TiB. for he
1 n- true Amrl-an: he la no -elf-repect-In
trillion f th republic; he forfeit hi
right to stand tih manly ;f-relianc on
footing of entire equaMtv with H othr
4-Micen. ho h to en r an! greed. ho
rr. t th. dwtrlre -.f rlaM hwtrJ Into a
fihboteth. ho wuhntitute 1 atty to men
tf a prttm!ar atatu. wheU-r rlrh or
poor, for lovaity to the eternal and im
TTiutaMe principle of rlrhteouneaa which
I. id u tret each man on hl wrth a a
nmn tlh'ut reirard to hi" wealth or hi
tArtv. HtJi ex 11 thuBh e Influence of
ihee iirnrRacun and .."nar1 i. It U
no w-ne in it a cnFejien-e than th tn-rin-rwe
eirT"td !' tna man Of great
wealth or the man of power and position
In the iiiuatrlaJ world w ho by hia lark
.f ympthy with and lac of undemtand
nr of. ptMl more by an exhibition of un-
oni promising hostility to the millions of
nur working people, tends to unite them
nxlrt their fellow Americana who are
tetter off In thti world's goods. It la a
id thing i o t'.'-h our w ork inr men that
men of mean h have the lat get pro
(ortton t ihe auhstantial comfort of lif
ie nrr.jarll greedy, grasping and ooM-rarlr-d
and that they unjustly demand and
sppropi late more than their share of the
jhMa in e of the many. Ftern rondemna
Ion should he visited upon de ma f(tut
and itonartea who teach this untruth, and
en sierner uvm tho rapttallata wtvo are
n trut h grasping snd greedy and brutally
dMegarditil of the riftnts of others and
who, by their art ion, t-ai h the dreadful
Iwn far more effectively than any mere
preacher of unrest.
Strengthen Ant I-Trust Uw.
A pas grievance left too long without
temrd bred "cla, conclouness," and
tiierefors claw resentment, tjie strenuthen
tng of the anti-trut law la demanded upm
t.t li moral and economic grounds. Our
puriose in strengthening it is to secure
more effe. tne control b the National Gov
ernment over the use of tha vast masses
-f Individuals and especially of corporate
wea.lh, liti-h at the present time nwnop
ollse mot of the tnl erst ate. bu sines of
the count ry. snd we believe the control
tan be heM exercised by preventing abuse
rather than merely by tryuja; to destroy
t hem when they have already grown. In
t he higher sense of the ord. the move
ment for thorough control of the business
ue of this great wealth Is conwervaUtve.
We are trying to steer a asfe middle coune
which alone can save u from a plutocratic
class government on the ono hand or a
socialistic class government on the other,
either of which would he fraught with dis
aster to our free institutions, state snd
National. We are trying to avoid alike
the e lis hlch would flow from Govern
ment ownership of the public utilities by
whii-h interstate commerce Is chiefly car
ried on and the evils which flow from the
riot and chaos of unrestricted Individual
Ism There Is grave dsner to nur free Insti
tutions in the corrupting influence exer-
i!cd b" great wealth suddenly concentrated
In the hands of the fern. We should in a
sue manner try to remedy this danger, in
fpite of the sullen opposition of these men
ind with the full purpose to protect them
In all their rights at the very time that
a-e require them to deal rightfully with
jtliers.
When, with steam and electricity, modern
Nuslness cotid it Ions went through the as
(oimdlng revolution hlch in this country
tegan o er half a century ago, there was
fct first much hesitation as to what par
'Icular governmental agency should he used
;o . ran pie with the new conditions. At
almost the same time, about 2ft years since',
t!ie effort was made to control combina
tions by regulating them througti the In
teigtate Commerce Commission and to abol
ish them by means of the anti-trust act,
I he two remedies therefore being in part
mutually ncomailble. The interstate com
merce law has produced admirable results,
especially since it was strengthened by the
Hepburn law two years ago. The anti
trust law. though it w orked some good
because It is better than anarchy or ab
sence of complete regulation, nevertheless
tins proved, in many respects, not merely
Inadequate, but mischievous.
National Incorporation Law.
Twenty esrs ago the misuse of corporate
power had produced slmost every conceiv
able form of abuse and had worked the
gravest injury to business morality and the
put' I tc conscience. For a long time Kederal
regulation of Interstate commerce had been
purely negative. the National judiciary
mere-iy acting In Isolated cases to restrain
the slate from exercising s power which
was clearly unconstitutional aa well as un
wise for them to exercise, but which, nev
ertheless, the National Government failed
to exercise. Thus the corporations monopo
lizing commerce made the law for them-
aelrs. Mate power and common law being
inadequate to accomplish any enectiva leg
Illation and the National power not having
yet been put forth. The result was mis
t hle ous in the extreme, and only short
sighted snd utter failure to appreciate the
grnasnesa of t he ex lis in which the lack
of regulation gave rise can give expression
to those who now want to abolish the anti-
t rust law outright, or to amend it. simply
onflemning "unreasonable combinations.
1'ower should unquestionably he lodged
' mew here In the executive branch of the
Go em men t to prevent com bins t ions which
will not further the public Interest, but it
m ist always be remembered that as re
cants the great wealthy combinations
threiigh which most of the interstate busi-
nes of. the country is done, the burden of
proof 9 i pi 1 1 tl be on them to show that they
hvr f -.right to exist. No judicial tribunal
has th knowledge of the experience to
determine In the flr?t place whether a
givei: combination is advisable or necessary
in the Interest of the public. Somebody,
whether a commission or a bureau under
t he lcpartment of Commerce snd Tabor,
should be given this power. My personal
belief is that ultimately we shall have to
adopt a National incorporation law, though
I am well swsre thai this may be Impos
sible at present. Ox er the actions of tha
executive body the power is placed, and
the courts should possess merely a power
of review, analogous to that obtaining In
connection with the work of the interstate
Commerce Commission at present. To se
cure this would pot be a leap in the dark;
It would be merely to carry still further
the theory of effective governmental con
trol of corporations which was responsible
for the creation of the Tnt erst ate Com
merce commission, and for the enlargement
of its powers and for the creation of a
I'.ureau of Corporal Ions. The interstate
commerce legislation has worked admira
ls v. it has benefited the public; it has
benefited honestly managed and econom
ically conducted railroads, and in view of
the fact that the country's business has
enormously Increased, this legislation haa
shown, by the way It enabled the Federal
Government to correct the most pronounced
of the great snd varied abuses which ex
ited in the business world for 20. years, but
the many abuses that still remain empha
sise the ned of further and more thorough
going legislation.
Mini Control Impossible.
The Bureau of Corporations has amply
.justified its creation. in other words, It fa
clear that the principle employed to rem
edy the great evil in the business world
bav e worked well, ami they can now be
employed to correct the evils that further
commercial growth has brought more prom
inently to the surface. The power and scope
'f the Interstate Commerce Commission,
and of any similar body, such as the Bu
reau of Corporations, which haa to deal
with the matter In hand, should be greatly
vnlarged. so as to meet the requirements
of the presont day. Tha decisions of the
Supreme Court m Minnesota and North
Carolina demonstrate how Impossible is a
dual control of National commerce. The
lHta csnnot control it. All they can do
u to control intrastate commerce, and this
is hut a small fraction of the business car
ried through each wtate. Actual experience
has shown that the effort at state control
W sure to he nullified in one way or an
other, sooner or later. The Nation alone
can act with effectiveness and wisdom; it
shuld have the control both of the hustnese
and of the agent by which the business is
done. To se para t e this con t rol m ust re -suit
in Breat absurdity. This means that
we must my un the Nation to prevent the
commercial abuses that now exist and the
others that are sure to arise unless some
efficient governmental bodv has adequate
power of control over them. t present
the failure of the Congress to utilise n(j
exercise the great powers conferred on it
as regards interstate commerce, leavea this
commerce to be regulated, not bv the state
nor yet by tJie Nation, but by the occasion
ally and necessarily Inadequate and one
sided action of the Federal judiciary. How
eer upright and able a court is, it can
not act constructively; it can only act neg
atively or decisively as an agency of the
Government, and this means that the courts
r and must alwavs be unable to deal
effectively with a problem like the political
which requires r-.n rnci I v e action. A court
tan decide what is guilt, but it has no
power t make batter what it thus finds to
b rati It y.
Nation tfMJd Have Pwwrr.
There should be an efficient executive
bodv. clothed with power enough to correct
abuses and a Me to work out the complex
problems that this great count rty has de
vehiped t t no sufficient objection to
say that such a body may be guilty of un
wisdom or abuse. Any governmental body,
whether a court or a commission, whether
executive. . legislative or judicial. If given
power enough to enable It to do effective
work for good, must also inevitably re-ri-.
e enourh pom er to make It possibly
effective for eM! Therefore, it is clesr
that unle a National incorporation law
can be enacted ihst body or bodies in the
executive service hotild be given power to
pass upon any combinat ion or agreement
in relation to interstate commerce, and
every su-h combination and agreement not
thus approved should be treated aa in vio
lation of law and prosecuted accordingly.
Tiie Issuance of the security of any com
bination In interstate bus'ness should he
under the supervision of the National Gov
ernment. A strong effort has been made
to have labor orgaiitiationa completely ex
empted from any of the opeqn.tiomi of the
law. whether or not their acts are in re
straint of trade 5uch " exemption would
that there should be no difficulty in tne
Go- e-nment securing a conviction in this
case."
I hav submitted this rase to tb De
partment of Ju;c .for thorough Investiga
tion, and for action if action shall prova
practicable.
Ptrtvtnc t Minimise Abssrw
5urei- such a state of affairs Is such that
ralla for furth-.-r legislation, not merely for
the material t-eneflt such legislation w ouid
secure, but above all. because this Federal
action should be part, and a large part. f
the campaign to waken our people, as a
whole to a lively and effective condemna
tion of the low standard of morality Im
plied in such conduct on the part of the
great buiness concerns. The first duty of
every man is to provide a livelihood for
himself and for those dependent upon him;
It la from orry standpoint desirable that
ach of our citizens should endeavor by hard
aorfc and honorable methods to secure for
himelf and them a competence as w HI
tarry wtih It the opportunity t enjoy in
reasonable fashion the comforts and re
finements of life; and. furthermore, the
msn of great ability, who obtains a for
tune In upright fashion, inevitably in so do
ing confers a benefit upon humanity as a
whole and Is entitled to reward, to respect
POINTED QUOTATIONS FROM THE PRESIDENT'S
MESSAGE ON ANTI-TRUST LEGISLATION
it is unwise stubbornly to refuse to provide against the repetition of he
abuses which have caused the present unreun. -In a demoerary tike ours it Is idle
to expect permanenTy to thwart the determination of the great body of our
citizens.
The process of Injunction In labor troubles aa well as where state la s are
involved, should be used sparingly . . for its reckless use tends to make
honest men desire so to hamper its execution as to destroy its usefulness.
As a class grievance left too long without remedy breeds '"class conscious
ness." and therefore class resentment, the strengthening of the antl-trast law is
demanded upon both moral and economic grounds.
In the higher sense of tly word, the movement for thorough control of the
business ue of. this great wealth Is conservative. We are trying tu steer a safe
middle course, which alone can save us from a plutocratic class government on
one hand, or a socialistic class government on the ther, either of which would
be fraught with disaster to our free Institutions.
My personal belief Is that ultimately we shall have to adopt a National cor
poration taw, though I am well asare that this may be impossible, at present.
The Bureau of Corporations his amply justified its creation . . . The
power- and scope of the Interstate Commission and of any similar body, such
as the Bureau of Corporations. should be greatly enlarged, so as to
meet the requirements of th present day.
Every far-sighted patriot should protest, first of all, against the growth in
this country of that evil thing which is called "class consciousness The dema
gogue, the sinister visionary who tries to arouse this lee-ling of class consci
ousness, does a foul and evil thing. ,
But among the many kinds of evil, social, industrial and political, which
It is our duty as a Nation sternly to combat, there ts none at the same time
more base and more dangerous than the greed which treats the plain and simple
rules of honesty with cynical contempt if they interfere w itli amassing a
profit. . .
Ths man who preaches hatred of wealth honestly acquired ... Is a
menace to the community. But his counterpart in evil is to be found in that
particular kind of multi-millionaire ... of w horn it has been well said
that his face has grown hard and cruel while his body has grown soft; whose
son ts a fool and his daughter a foreign princess" ...
make the bill unconstitutional, and Con
gress has no more right to pass a hill with
out regard to whether It is constitutional
than the courts have a right to declare un
constitutional a law which Congress has
solemnly ratified. The responsibility Is as
great on the one side as on the other, and
abuse of power by the legislature in one
direction Is equally to be condemned with
an abuse of power by the courts in the
other direction. It is not possible wholty
to exempt labor organisations from the,
workings of this law. and they who Insist
upon totally excepting them are merely
providing that their status shall be kept
wholly unchanged and that they shall con
tinue to be exposed to the action which
they now dread..
Warning lo laOmr Unions.
Obviously an organization not formed for
profit should not be required to furnish sta
tistics in any way as complete as those
furnished bv organizations for profit. More
over so far as Isbor is engaged In protec
tion only, its claims to be exempted from
the anti-trust law are sound. This would
substantially cover the right of laborers to
combine, to strike peaceably and to enter
into trade agreements with the employers.
But when labor underlakes in a wrongful
manner to prevent the distribution and sale
of products of labor, as by certain forms
of the bovcott, it bss left the fold of pro
tection and its action may plainly be in
restraint of interstate trade, and must nec
essarily be subject to Inquiry, exactly as
in the case of any other combination for
the same purpose, so as to determine
whether such action is contrary to sound
public policy. The heartiest encouragement
should be given to wageworkers to form
labor unions and to enter Into agreement
with their employers, and their right to
strike, so long as they act peaceably, must
be preserved.
The measures l aavocate are in ie
terest of both decent corporations and iaw
.hMtmr inhnr unions. They are. moreover.
pre-eminently In the interest of the pub
lic, for in my Judgment the American pub
lic have definitely made up their mind that
the day of the reign of the great law-de-fving
corporations is over, and that from
this time on the mighty combinationa of
capital necessary for the transaction of
business under modern conditions, while en
couraged so long as they act honestly and
in the Interest of the general public are to
be Bubiortcd to oareful supervision ana reg
ulation of a kind so effective as to Insure
thotr acting in the interest of the people as
a whole
Allegations are often made -to the effect
that there is no great need for laws
looking to the more effective control of the
great corporations, on the ground that they
will do their work wen without sucn con
trol. I call your attention to the aocom
ranving copy of & report Just submitted by
Mr. Nathan Matthews. chairman of the
finance committee to the Mayor and City
Council of Boston. Mass., relating to cer
tain evil practices of various corporations
which have been bidders for furnishing to
the city iron and steel. The report shows
there nave been extensive combinations
formed among the various corporations
which have served the City of Boston, in
eluding, for Instance, a carefully planned
combination, embracing practically all tho
firms and corporations engaged in st ruc-
tural steel work in New England. This com
bination included substantially all the local
concerns and many of the larger corpora
tions in the t'nlted States that axe engaged,
in manufacturing or furnishing structural
steel for any part of New England; it af-
feoted the states, the cities and towns, the
railroads snd street railways and all per
sons having occasion to use iron or steel
for any purpose in that section of the coun
try. As regards the City of Boston, the
combination resulted in parceling the work
by bids, plainly dishonest and supported by
false affirmations; In Its conclusion the
commission recommends as follows;
Quotes Oommiaalon s Report.
'Comment on the moral meaning of these
methods and- transactions would seem su
perfluous, but as they were defended at the
public hearings of the commission and aa-
serted to be common and entirety proper
inciaems or ousiness ure, ana as those prac
tices have been resorted to by some of the
largest industrial corporations that the
world has ever known. the commission
deems it proper to record its own opinion.
"Th commission dislikes to believe that
these practices are as alleged established by
the general custom of the buslneg com
munity, and this defense itself if unchal
lenged amounts to a grave accusation
against the honesty of present business
methods, to answer an invitation for bids
for public or private wrrk by sending in what
purport to be genuine bids, but "what in real
ity are collusive figures, purposely made
higher than the bid which is known to be
submitted by one of the supposed competi
tors. Is an act of plain dishonesty; to sup
port these misrepresentations by false af
firmations in writing that the bids are sub
mitted in good faith, and without fraud, col
lusion or connection with any other bidder.
Is a positive and deliberate fraud; the suc
cessful bidder in the competition is guilty
of obtaining money by false pretenses: and
the others have made themselves parties to
a conspiracy clearly unlawful at the com
mon law.
'Whereas in the case of the 'Boston
agreement" a number of the most import
ant manufacturers and dealers in struc
tural steel in this country, including the
American Bridge Company, one of the con
stituent companies of the Cnlted States
Steel Corporation, have combined together
for tne purpose or raising prices by means
of collusive bids and false representations,
their conduct Is not only repugnant to com
mon honesty, but is plainly obnoxious to
the Federal statute known as the Sherman
anti-trust law.
The Commission believes that an example
should ba made of these men and that the
members of the "Boston agreement,' or at
least those who In October and November.
19U5. entered In tha fraudulent competitions
for th 3 Cove-street draw span and the
Br0 3kline-street bridge, should be brought
before a Federal grand Jury for violation of
the act of Congress of July 2. 1S90. The
three years' limitation for participation In
these transactions has not elapsed, and the
evidence obtained by tha Commission is such
and to admiration. But among the many
kinds of evil, social. Industrial and political,
which it ie our duty an a Nation sternly to
combat, there is none at the same time
more base and more dangerous than the
greed which treats the plain and simple
rules of honesty with cynical contempt if
they interfere with amassing a profit, and we
cannot be held guiltless if we condone such
act! Lin. The man who preaches hatred of
wealth honestly acquired, who Inculcates en
vy and Jcaleusy and slanderous ill-will to
wards those of his fellows who by thrift,
energy and industry have become men of
means, is a menace to the community. But
his counterpart in evil ts to be found in
that particular kind of multi-mlllionare who
Is almost the least enviable and is certain
ly one of the least admirable of ail of our
citizens a man whom it has been well said
that his face has grown hard and cruel
while his l-ody has grown soft; whose son
is s foou and his daughter a foreign
'Pinces. whose nominal pleasures are at
best those of a tasteless and extravagant
luxury and whose real delight, whose real
life work. Is the accumulation and use of
power In its most sordid and least elevat
ing form. In the chaos of an absolutely un
restricted commercial individualism under
modem conditions, this is a tvpe that be
comes prominent h inevitably a the ma
rauder baron became prominent in the phys
ical chaos in the dark ages.
We are striving for legislation to minim
ize the abuses whtch give this tvpe Its
nourishing prominence, partly for the sake of
what can be accomplished by legislation
makes our nartlcipatisn in a great and stern
morai ueveiopment bring our ideal into
measurable accord.
TH KODORE ROOSEVELT.
The White House, April 27, UK'S.
Methods Km ployed by Combine.
In the report of the Mayor and City
Council of Boston, subjoined to the message,
the alleged methods employed in the al
leged collusion are considered under three
heads combinations among bollermakerf.
combinations among contractors for fire
prooflng and combinations between corpora
tions and nrmff engaged in the manufactur
ing or supply of structural steel.
Under the first heading, the committee
charge that "some one familiar with the
operations of the schoolhouse department
would furnish each person Invited the name
of other persone to whom invitations had
been extended. The concerns selected would
then arrange between themselves as to who
should do the work, as to the price to be
fixed, and as to the division of the profits."
The report " names two companies aa the
corporations found to be guilty of .colusi e
practice in bidding for fire-proofing contracts
and s-?f:
"Those companies combined for the pur
iKise of parceling out the -ork. Contract
for contract was generally conceded, al
though In some cases money was paid as
the price of abstaining from competition?
This resulted in high prices to the cus
tomer and exactions were thus obtained
from all sorte and conditions of men and
corporations."
The portion devoted to corporation in the
structural steel trade deals with what Is
termed the Boston agreement, and the charge
Is made that "in order to preserve the ap
pearance of competition and to insure the
success of the scheme -of collusion, the par flee
to the agreement would arrange the bids to
be submitted in progressive scale above the
prearranged bid of the concern to Vhich
the work had been allotted."
The members of the agreement did not
hesitate to make false affirmations In. writ
ing that the bids were made in good faith
without fraud, collusion or connection with
any other bidder.
Methods Employed by Combine.
In the report of the Mayor and
City Council of Boston, subjoined to
the message, the alleged methods em
ployed in the alleged collusion are con
sidered under three heads combina
tions among- hoilerm&kers. combina
tions among contractors for fireproof-ing-
and combinations between cor
porations and firms engaged in the
manufacture or supply of structural
steel,
I'nder the first heading, the com
mittee charges that "some one familiar
mi me cpe.raxions or tne school
house department would furnish each
person invited the name of other per
sons to whom Invitations had been ex
tended. The concerns selected would
then arrange between themselves as
to who should do the work, as to the
price to be fixed, and as to the divi
sion of the profits."
The report names two companies as
the corporations found to be guilty
of collusive, practices in bidding for
fireproof ing contracts and says:
"Those companies combined for the
purpose of parceling out the work.
Contract for contract was generally
conceded, although in some cases
money was paid as the price of ab
staininsr from rnmnotfMnn tki.
salted in high prices to the customer
hiiu rxacu-jns were thus obtained
from all sorts and conditions of men
and corporations.
l ne portion devotod to corporations
in the structural steol traH
what is Inrmpd th RnEtnn
" ' "fiiuicim
and the charge Is made that "in order
io preserve me appearance of compe
tition and to insnro tha ciaaab. i
scheme of collusion, the parties to the
agrCTinpni wouia arrange the bids to
be submitted in progressive scale
above the prearranged bid of the con
cern to which the work had been allotted."
The memhera nf tha -a j : j
. e ' v incill u 1(1
iiot hesitate to make false affirmations
in wining mat ine mas were made
in jond fdltK vltKnn , , 1
or connection with any other bidder. j
Timber Has Always Been
A MONEY MAKER
Our stock is being taken up with surprising rapidity. The millionaire, the merchant, the doctor,
the lawyer, the mechanic, are all buying it. Why not you? And do it now. We want to hear the
hum of the wheels of our mill within a few months, then the shipping of our lumber, and then the
income. Will you be one of the lucky ones to share in the profits? $100 invested now will give you
a life income.
I can positively convince you that there is no better investment on the present market than the
one here offered.
Think of it! Four billion feet of high-priced, hardwood, merchantable timber, located on the
Coast, accessible and easily logged, on good, wide, tidewater rivers.
The market for every foot, of this vast tract is already established, and the profits will be enor
mous. Ten million feet per year can be sold in the immediate vicinity of our plant. This one market
guarantees a net profit of 30 per cent on the entire investment, and represents but a small propor
tion of our output. '
This large tract of timber is located on the Pacific Coast, where we have the best shipping facili
ties to any port in the world available.
The timber consists principally of the Jiighest-priced woods used in the manufacture of pianos,
hotel fixtures, shipbuilding, railroad and electric cars, house and office trimmings,- furniture, and
many other indispensable wood commodities.
The woods comprise MAHOGANY, LIGNUM VITAE, EBONY, CEDAR, JiOSEWOOD, OAK,
RUBBER, BALSAM, C0P0EBA, COCO ABO LA.
The net price of this valuable tract of timber is less than 20 PER THOUSAND FEET, and
most of it finds a ready market at prices ranging from $100 to $400 per thousand.
The LIGNUM VITAE is in great demand, and marketable at more than $1000 per thousand feet.
The Board of Directors of the Northwestern Exploration & Development Co., which controls this
timber, has authorized me to sell a limited number of shares of its stock at 20 per share (par value
$1.00), for the purpose of installing a plant of sufficient size to meet the demands of the market.
iiave on exhibition at my office samples of wood (highly polished), cut from this tract; also
cruisers' reports and other data, which will convince at once the most skeptical of the wonderful
money-making resources of this enterprise.
Call or write and secure subscription blanks. Do not delay, or you may miss the opportunity
of a lifetime.
I have received numerous requests for evening appointments from persons interested in this
investment. During the balance of this week, my office will be open from 7:00 until 9:00 P. M.
GE1
I B
w. doug:
as
318 Worcester Building
PORTLAND, OREGON
SMALL BOY'S FUN COSLTY
Mart $10,000 Blaze in Order to
bee Kxeitemeut.
SAN FRANCISCO. April 27. The desire
to sec -his father come clashing up in the
hia: rod touring car of Chief ShaiiKlinessy
caused little Kmmet Ttoeblin. aged 7,
to start a fire in the barber shop of W.
F. Jansen. 1372 Ellis street, this after
noon, which siima.i to three buildings and
did damage that will approximate J10.000.
William HoeblinK. the boy's father. Is
aetintf Chief of the Fire Department and
all for the exeiternent of a real fire and
for the purpose of seeinc the bis; red
automobile with its siren whistle, which
the father drives, the boy started the
blaze.
Besides the destruction of the barber
shop, three flats adjoining were gutted.
Arkansas Is for Taft.
HOT SPRINGS. Ark., April 27.-At the
Republican State Convention tomorrow It
Is practically certain that the delegates
elected will bo instructed to vote for the
nomination of Secretary of War Taft as
long as hia name is before the National
Convention.
fepectacles $1.00 at Metzgers.
TRIAL DEV0ID0F FEATURES
Hydc-Bcnson Land-Fraud C'a?e Pro
gressing Slowly.
WASHINGTON. April 27. The Hyrte-Kenson-Dimond-Schneider
alleged land
fraud trial is progressing slowly, today's
session being devoid of interesting fea
tures. The day was occupied prineipally
in the cross-examination of B. F. Allen,
formerly of the Forestry Service. Attor
ney Worthlngton, for the defense,
directed his questions principally to show
that the nerwa of the proposed creation
of forest reserves was made puhlte and
not routined to the knowledge of a few
private parties, as the Government at
torneys had endeavored lo prove.
Fugitive Cashier Caught.
US ANGRI.F..S. Cal.. April 2". Fred
I.ubbe, alias V. W. Williams, was ar
rested this afternoon for the alleged
embezzlement of IM.r.OO from the First
National Bank of Dlllsboro. Ind. Lubhe
had been acting as cashier of the bank
since August S. 1907. and up to the time
of the embezzlement, which occurred
January 7. 1908. Detectives here had
been searching for Lubbe for the last
three weeks, and located him Saturday,
acting as a waiter in a restaurant.
Most children eat too
much, overtax the diges
tion, get thin, weak,
languid, stop growing
that's malnutrition or
non-digestion of food.
Scott's Emulsion
has helped countless
thousands in this condi
tion. It is both nourish
ment and medicine a
most powerful aid to di
gestion. A small dose three times a day
will work wonders, but be sure to
get Scott's.
A larse nnnlfl will h tMtfw .. nn
of this advertisement and jour address.
SCOTT & BOWNE. 409 Pearl St.. N.Y.
All Druggists
Thetr Is rvrth-
In tn the world
that will top
pajQfl or lrest
the sorocroaa of
dimmo tim quickly
RAUWAI 8
I J BP". Coma &nd
prvat Ooocbs,
CoWb,
"GRIP,"
Swe Throat, In
fliwsiaa, p n u
monia. Rheuma
tism. NejiraJa;l,
Heartache. Tooth
tckt JLMm,
urnealt
RADWATPS READY RELIEF,
A aULiu ful hoiasehold Remedy for 00
omreenteed un6r ttte TT. 8. "P
Drue Law.")
KADWAT At CO KICW TOftK.
Sold tr 01 DnnMs,
Eastern Excursion Rates
May 4. 18: June 5. 6, 19, 20; July
6. 7, 22, 23; August 6, 7, 21, 22.
Chicago and return $72.50
St. Louis and return $67.50
St. Paul, Minneapolis, Duluth,
Superior, Winnipeg, Port Ar
thur and Sioux City and re
turn $60.00
2 TRAINS DAILY 2
THE ORIENTAL LIMITED THE
FAST MAIL ,
For tickets and sleepingr-car reser
vations call on or address H. Dickson,
C. P. and T. A., 122 Third St.. Port-
laud. Or. Tel. Main 080, A 2286.
Frank A. Munsey
on the
Business and Political Situation
TvT WAT-.. XT 1 . .1 UK ma- r m m
Ii 11 uic ix Lay ailujiuci ui iriuiiscy s iviagazinc, ivir. munsey
has an article on the panic and the causes that brought
it aDout. Me says some things and says them straight
from the shoulder. He hands it out good and hard to
Wall Street and to the Grand Dukes who have been
running things in this country with a high hand running
them as the Grand Dukes of Russia have run things over
there. The title of the article is
There isn't money enough
in the world today
to do the world's work
Mr. Munsey takes emphatic
issue with Wall Street and the
followers of Wall Street who
hold the President responsible
for the panic. It is not bis pur
pose in the discussion to acquit
Mr. Roosevelt of blame, but
rather to get at the facts, as the
facts are necessary to intelligent
progress in the recovery of our
business activities.
"If these facts," Mr. Munsey
sajrs "acquit the President, he
is, as a matter of common hon-.
esty, entitled to the acquittal."
What we want to know, and
should know, is the truth. And
the basic purpose with Mr. Mun
sey has been to lay bare the
truth.
Mr. Munsey in this article
clears away a vast amount of the
distorted and awfully befogged
ideas about this financial crash.
The article is clear, convincing,
forceful. It is not a dry, ponder
ous handling of the subject, but
is swift and dramatic in ex
pression, with all the sweep and
picturesqueness of a novel. You
cannot afford to miss feading it.
No one who has any interest in
the vital things of the day can
afford to miss reading it.
In the May Number of
Munsey's Magazine
On all News Stands 10 Cents