Morning Oregonian. (Portland, Or.) 1861-1937, May 12, 1908, Image 5

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Morning Oregonian., May 12, 1908, Page 5, Image 5

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Newspaper Page Text5 ertlflc eau lust Earn Large Profits, Entail No Risk, Are Doubly Guaranteed, Cannot Depreciate, Cashable on Demand, Carry' a Bonus, Interest Bearing, Income Earning, Increased, Valuation The Interest on These Gold Coupon Real Estate Certificates Commenced May 1, 1908, and Is Now Accruing; Payable Semi-Annually THE MORXING OREGOXIAX, fUESDAT, MAY 12, 1908. Gold CoUpoii c ates land, and all living in this beautiful and glorious. Pacific Northwest Country must know that Portland is destined to be its financial and social center. DENOMINATIONS These certificates are issued in denominations of from $25 upwards, allowing the small investor the same privilege of profit sharing and an equal advantage of the large and assured advances of Business Real Estate, as is enjoyed by the man of great wealth. Remember, the interest commenced May 1st, 1908, and is now PROFITS This certificate has four earning powers Bonus, Interest, Income and Increase Valuation. .' NO RISK Its principal and interest is held in -trust and hence cannot be misap plied or dissipated. GUARANTEE In addition to its funds being invested in Portland Business Real Estate under a trusteeship, The Standard Trust Company of Portland, Oregon, guarantees its principal and interest without reservation. NO DEPRECIATION Regardless of what depreciation may occur in the real es tate market, these certificates being guaranteed in principal and interest, will never go below par. CASHABLE The Standard Trust Company will purchase these certificates two years from their date of issue, paying the principal face value with a 2 per cent bonus and all accrued interest thereon INCOME One-half of the net income received from the property held, in trust for these certificates,. will be paid to the certificate holders, and available data show net income should range from 8 per cent to 15 per cent per annum. INTEREST The interest on these certificates commences May 1, 1908, payable semi-annually and is guaranteed absolutely, under a trusteeship. INCREASE VALUE The increase value of Portland Business Real .Estate has been steady and healthy and easily ."justifiable. Within the last few years the Eastern : money interests have fully realized the many and wonderful resources of Oregon, among which are its agricultural lands, its timber and its water powers, 'all needing develop ment and exploitation. These resources must all pay tribute to Portland, and it is easy to reason why Portland business property has within the past six or seven years in creased from 175 per cent to 400 per cent, and it is safe to predict that the next five or ten years will see even a greater increase. DIVIDENDS The property purchased and held for these certificates will be so held under trusteeship for ten years and then sold. The certificate holders will receive in addition to the face of their certificates and the interest and income paid on them, one-half of the increased valuation of the property, being the difference between the purchase price and the selling price of the property, which can easily be estimated be tween 200 per cent and 300 per cent, for every reason gives evidence that Portland should have between 500,000 and 600,000 population within the next ten years. CONFIDENCE This investment' must appeal to all who have confidence in Port Call on or address accruing. CERTIFICATES The following will illustrate the sources of income from our Gold Coupon Real Estate Certificates: - Principal Guaranteed Amount Invested ' Interest Guaranteed 4 per cent annually Rental Income 4 per cent annually Increase Valuation -.: 7 per cent annually ' Profit on Investment should easily be , . .15 per cent annually And as much more as these values increase during the life of these Certificates. INCREASED VALUES It will be observed in our above illustration of " In creased Values," we have estimated less than 150 per cent for ten years, while Portland Business Real Estate has increased in value during the past six or seven years from 175 per cent to 400 per cent, as illustrated by the following: Property. Sold. Assessed Value. Increased Value Lot 3, Block 64 -. . . $33,000 . $81,500 East half Block 43, Couch Add ..... f . .; 70,000 212,500 Lot 6, N. half Block "J". ....... .... 15,000 45,000 East half Block 313 1. ... 25,000 87,500 Lots 5 and 6 K half Block"!" 45,000 90,750 Lot 17 S. half Block 85 13,000 67,000 Being a total average of over 203 per cent. Comparisons, of this kind could be secured, sufficient to fill many pages. quotations simply cover ground values, exclusive ot improvements. INVITATION We invite all to call at our offices and we will be pleased to enter into full detail with them, explaining any subject of this investment which may not at once be clear to their full understanding. Over 175 per cent Over 200 per cent Just 200 per cent Over 200 per cent Over 100 per cent Over 400 per cent These STANDARD ' TRUST COMPANY PHONE Main 8623 A 1139 OFFICERS WM. H. GARLAND. President I. W. LANE, First Vice-President A. J. DILLON, Second Vice-President JOHN B. MOON, Secretary H. P. DAVIDSON, Loans E. L. DeKEATER, Cashier C M. SCHERER, Trust Officer A. E. CLARK, Counselor CHAMBER OF COMMERCE BUILDING, 265-67 STARK ST., PORTLAND, OR. DOUBLES THE SUM Senate Gives $1,000,000 for Improving Forests. RAYNER TO EXPLODE TODAY Will Demand Trial for Colonel Men-art and Attack Roosevelt's Claim of Supreme Command. ' Forakcr Also Is Loaded. CONGRESS TO ADJOURN MAY 22. WASHINGTON, May 11. At a con ference today between the leader of the House and Senate it was practically agreed that Congress shall adjourn Friday, May -2. WASHINGTON, May 11. The Senate today passed the agricultural bill carry ing an appropriation aggregating $12,142. 146. For building roads and making other, permanent improvements In the National forest $1,000,000, instead of $500, D00, as provided by the House of Repre sentatives, was appropriated, giving one half the amount asked by the Chief For ester. Rayner of Maryland introduced a reso lution providing for a court of inquiry to investigate charges against Colonel William R. Stewart, IT. S. A., now sta tioned by order of the President at Fort Grant, Ariz., and stated that he would speak on this subject tomorrow. The conference report on the naval appro priation bill was agreed to. Today was the 56th birthday of Vice President Fairbanks.. He was not in the Ben ate, having gone to Chicago to de liver an address. Bailey of Texas made his first appear ance In the Senate since the recent po litical contest In his state and was cor dially received. Dolllver, in reply to criticisms of the use of a frank for returning to the Bureau of Forestry newspapers contain ing matter sent out by the Bureau, read a letter from ex-Postmaster-General Payne, written in 1903, saying sucli use of the frank was admissible to bring back to the Bureau "official Informa tion" that should be desired. That such information was within the scope of the law was denied by Senator Clark of Wyoming, who said it was an unwarranted stretch of the Imagination to say that newspapers containing the matter sent out by the Bureau con tained "official Information." The prohibition against the use of ap propriation for the Forest Service for the "preparation" of newspaper articles was stricken out. Dixon of Montana moved to increase from $600,000 to $1,000,000 the appropria tion to be expended by the Secretary of Agriculture for maintenance of roads, trails, bridges, fire lines, telephone lines, cabins, fences and other permanent im provements necessary for the proper and economical administration of the Na tional forests. The amendment was adopted by a vote of 36 to 23. The bill then passed without division. The case of Colonel Stewart, to which xtaa tier's resolution relates, is one. of the subjects discussed by President Roose velt in his recent letters to Senators Rayner and Stewart of Vermont, declar ing that, as Commander-in-Chief, the President is supreme in all matters per taining td the Army and Navy. The resolution by Rayner declares in the preamble that charges and accusations have been filed with the President of the United States affecting the qualifi cations and status of Colonel Stewart as an officer and that he has not been served with a copy of the charges. It is pointed out that the officer on two occasions has asked for a court of in quiry and that his requests have been denied. The resolution, if adopted, would com pel the War Department to produce all the charges and accusations.on file at the Department and with President Roosevelt. The officer would have the authority to confront his accusers and to be represented at the court by coun sel, i Foraker gave notice that he would move to take up his bill reinstating the negro soldiers discharged on account of the Brownsville affair as eoon as the postoffice appropriation bill was disposed of. WILL NOT PRODUCE LETTERS Lilley Refuses to Obey Orders Under Advice of Counsel. WASHINGTON, May 11. Representa tive George L. Lilley, of Connecticut, has refused to produce the letters called for by the special committee of the House that investigated the legislative methods of the Electric Boat Company, under a resolution by him. This refusal came to day in a letter addressed to Chairman Bouteil from Mr. Lilley, who Is in Con necticut. The letter stated that Lllleys refusal was based on the advice of coun sel with a full knowledge of the conse quences. He also produced a doctor's certificate to the effect that his health would not permit of his returning to Washington tomorrow. PETITION FOB STEVENS BILL Democrats Want Hearing on Any Paper Measure. WASHINGTON. May 11. A committee composed of Clark of Missouri. Clayton of Alabama, Fitzgerald of New York, and Rainey of Illinois, appointed by Williams, today laid before Speaker Cannon a pe tition signed by all the Democrats of the House asking the consideration of the Stevens bill or any other bill putting wood pulp and print paper on the free list. Speaker Cannon informed. the commit tee that he would give- the petition his most distinguished consideration and attention. Must Keep Secrets. WASHINGTON, May 11. The House committee on agriculture today authorized a favorable report on a bill framed by the committee making It a punishable offense for any Government official or employe to divulge prematurely any Gov ernment statistics, such as those relating to cotton and grain crops. Captain of Philippine Scouts. WASHINGTON, May 11. Under the provisions of a bill passed by the House today the office of Captain of the Philip pine Scouts was created. This has the effect of providing for the addition of SO Captains to the existing military establishment. Final Agreement on Navy Bill. WASHINGTON. May 11. The confer ence report on the naval appropriation bill was adopted by the Senate today without debate. As finally agreed upon, the bill carries $122,662,172. ENJOY THEIR TIME Officers and Men of Fleet Spend Happy Day. PARADE OF 150 AUTOS Officers Take Trip Through Streets and to Chinatown Boxing Bouts at Auditorium Dance at ' the Falrmount Hotel. SAN FRANCISCO. May 11. The offi cers and men of the Atlantic fleet de voted today chiefly to sightseeing In and about the cities bordering on the bay. By noon the sun broke through the clouds, and the later hours were warm, though somewhat windy. More than 1000 of the enlisted men were shown the city and its environs from observation cars over the United Rail roads. About 300 officers, headed by Rear-Admiral Swinburne, occupied a long line of 150 automobiles which pa raded through some of the principal streets, and passed through Chinatown. Rear-Admiral Thomas, who was suf fering from the effects of a cold, went on board the flagship Connecticut early in the morning, and though much Im proved, did not return ashore but sent his flag lleuteannt, K. G. Castleman, to represent him on the automobile excur sion. A trip to the summit of Mount Tamalpais was provided for 100 of the warrant officers. See Baseball Games. Many members of the Army and Navy assembled at the ' Presidio baseball grounds In the afternoon, to participate in and witness the first of the cham pionship games that are to be played during the week. In the evening many went to the auditorium to witness a series of boxing bouts by Pacific Coast amateurs. The social event of the day was the second reception and ball given at the Fairmount Hotel in honor of Secretary Metcalf and the command ing officers of the fleet. The attend ance was very large, and the beautiful ballroom was most tastefully decorat ed. Mrs. Edward Robeson Taylor, wife of the Mayor, and 1$ prominent society women, acted as hostesses. Interest in the battleships has not abated. All day long boats, launches and steamers of all descriptions ply between the ships and shore, all laden deep with patriotlo humanity. The illumination of the city and vessels at night still affords a splendid spectacle, and the departure of the fleet, when darkness will again settle on the wa ters, will be keenly regretted by all the people. , Missouri In Drydock. Secretary of the Navy Metcalf will leave for Washington Wednesday. Dur ing his stay in the city he has been occupied with official duties in connec tion with the entertainment of the fleet, receiving reports front officers, issuing orders and attending the vari ous official functions tendered to the Navy. The first of the battleship fleet to undergo repairs is the Missouri, which IJs on the drydock at Hunters' Point. for the mending of her sea valves and some scraping and fresh paint below the water-line. A new 6-inch gun will be placed on her, to take the place of the one that exploded during target practice at Magdalena Bay. A broken cylinder head was repaired at the Union Iron Works. STILL CROWD THE BAY CITY Northwest People Linger Around the Oregonlan Information Bureau. BY ARNO DOSCH SAN FRANCISCO. Cal., May 11. (Sne-cial.-i-The second week of the fleet's stay finds the city still crowded with strangers, many of them from the Northwest. Only a few new names of Northwest people are on the register at The Oregonlan In formation Bureau today, but most of those who registered last week come in every day, either to get a copy of The Oregonlan or to leave word for some friend. A few still come who need rooms and these are cared for at the booth In the California building. Union Square. The booth, however, is more a, rendezvous now, as almost all who are coming to see the fleet here have come. Those who registered today are: Alfred Oagnon, A. Iawrence Seattle. Mrs. A. Lawrence. Mr. Elliott Tritt. Portland Hoqulam W. F. Risnon. Salem. W. H. Chambers, J. L.. Elkhart. T. V. Banker. Ashland. Ray W. Tantr. Charles Griffin. ' George S. Woodford. Spokane. Beth S. Smith, Eugene Saxton Ralph Rankin, Boise. H. Gouldstrom, F. H. Grog-en Mrs. H. Oouldstrora, Central Point. UTAH TURNS OUT FOR EVANS Big Crowd Listens to His Speech at Ogden. OGDEN, Utah., May 11. Rear-Admiral Robley D. Evans, en route to the East, was received at the Union Depot at 8 o'clock this morning by several hundred people, including a delegation of state of ficials, and others from Salt Lake. His car was opened to Acting Governor Tin gey and stafT, veterans of the G. A. R. and friends, who sent in personal cards, but the doors were soon closed on the ad vice of his physicians. Later the Admiral on his crutches made his way to the rear platform and ad dressed thp crowd, voicing his apprecia tion of the honor shown him by the peo ple of this state. He recalled how he had been sent as Utah's cadet to Annapolis, and said he owed a debt of gratitude to Utah. Then, selecting a bunch of sweet peas from the bounteous floral offering of Cali fornia, he presented the flowers to a little girl- in front of him. and returned to his berth in the car. Enhances Roosevelt's Greatness. NEW YORK, May 11. The sending of the American fleet to the Pacific is be lieved in Europe to be the greatest diplo matic move of the century, according to Thomas S. Darling, who has returned from a business trip to Russia. "Russia and other countries in Europe now believe the question of the world's peace is assured," said Mr. Darling. "The' Journey has ended, they believe, the fric tion which had developed between this country and Japan. It has also enhanced the greatness of President Roosevelt." Australia to Prepare Welcome. MELBOURNE. May 11. Alfred Dea kin. Prime Minister of Australia, has asked the committee composed of mem bers of both federal houses to consult with the Premiers of New South Wales and Victoria regarding the welcome to be extended on the arrival of the Ameri can fleet of battleships. Spring styles faanan-snoes at Rosenthal's VICTORY IS Transport Sherman Is Ordered to Portland. BLOW TO BUREAUCRATS They Turn Down Fulton by Refer ring, to Old Maps, but He Ap peals to Roosevelt, Who Overrules Them. OREGONIAN NEWS BUREAU, Wash ington, May 11. By direction of the Presi dent, the War Department today sent a cablegram to Manila ordering the trans port Sherman to sail direct- for Portland with troops for Vancouver Barracks. The Sherman will sail from Manila Friday next. This order was issued this morning at the earnest solicitation of Senator Fulton, who first endeavored to persuade the Quartermaster-General and then the act ing Secretary of War to send this ship to Portland, rather than to San Francisco. Strange to say, both officials produced old maps showing but 19 feet of water at the mouth of the Columbia and declared it to be unsafe to send a transport through such a shallow channel. The Senator labored to convince them that there was upwards of 25 feet of water on the bar at low tide, due to recent improvements; but they refused to accept his figures or abandon the old figures which had crept into their files. , It was after thi experience that the Senator went to the White House and laid the matter carefully before the Presi dent, explaining to him how the Depart ment was basing its action an antiquated records. When the President appreciated the situation, he Immediately gave In structions to have the Sherman sent to Portland. Mr. Fulton will follow this up with an attempt to have the Government records of channel depths brought up to date, so that In future, when transports or war ships have occasion to go to Portland, the War and Navy Departments may know how much water can be found on the bar. ALMOST BURSTS AYITH RAGE Senate Rebuffs Heyburn by Increas ing Forest Appropriation. OREGONIAN NEWS BUREAU, Wash ington. May 11. Senator Heyborn's views on forestry are not popular in the Sen ate. After all the Idaho Senator has said in denunciation of the forestry policy and forestry administration and on top of his demand that the appropriation be re duced, the Senate today by a vote of 38 to 23 voted to give Forester Pinchot twice as much money as he asked for; they increased his appropriation from $500,000 to $1,000,000. The increase was proposed by Senator Dixon, and Heyburn. confident he could defeat it. demanded a rollcall with the above result. When the vote was announced Hey burn nearly burst with anger, and when he could restrain his feelings somewhat lectured the Senate on its foolhardlness, predicting all manner of dire things that will result if the Forest Service is not checked. But the Senate has become utterly tired of Mr. Heyburn's lectures and paid him scant attention. Further along, Mr. Heyburn very near ly defeated Senator Fulton's amendment giving the states 25 per cent of the re ceipts from forest reserves within their respective boundaries. They now get 10 per cent, which Is to be utilized for road construction and for public schools. Mr. Heyburn said his state could not use any of this money for road construction and quibbled long over a technicality, finally demanding that Mr. Fulton elimi nate roads from his amendment. This Mr. Fulton declined to do, showing that Mr. Heyburn s objection was childish and silly. Meantime a point of order had been made against the amendment, but this was withdrawn and the amend ment adopted. Roosevelt's Luncheon Guests. WASHINGTON. May 11. The guests of the President at a luncheon today were Mr. and Mrs. Andrew Carnegie, Secreatry Root, Archbishop Ireland and R. C. Kerens, ot St. Louis. More Aids to Navigation. WASHINGTON. May 11. The Senate today passed without amendment the House bill to authorize, additional aids to navigation in the lighthouse establishment. WILL SPEAK FROM AUTO Chamberlain to Make Campaign in Washington and Yamhill. A three days' auto whirl through Washington and Yamhill counties has been arranged for Governor Chamber lain in order to afford him opportunity to make a quick campaign in those counties. Bob Inman has placed his fast auto at the disposal of Mr. Cham berlain for use next Thursday, Friday and Saturday. The Inman car is one of the fastest in the United States. Democratic meetings will be held at Mount Tabor Thursday night in Wood men's hall, on West Avenue and at Woodstock Friday night. Chamherlain will be in Washington and Yamhill counties on these occasions. Democrats are in high hopes of elect ing several Statement One men In those counties, against Republican nominees, who are pledged to "Republi can voters choice" for United States Senator. They will make their big Have You Ever Stopped to Think About Your Health? Are you as well, strong and vigorous as you used to be? Are you sometimes discouraged, and think you'll nover be any better? Can you tell the cause of your trou ble, or what makes you sick? Do you know that about nine-tenths of all sickness Is caused by kidney trouble? Have you ever stopped to think that your kidneys may.be the cause of your poor health? Most people do not realize how much work the kidneys are required to do every day. Every drop of blood In the body must pass through and be filtered by the kidneys thousands of times a day. How can they do their work well If they are sick? ' If your kidneys need treatment, Dr. Kilmer's Swamp-Root will prove to be just the medicine you need. If you will write to Dr. Kilmer & Co., Blnghamton, N. Y., every reader of this paper, who has not already tried Swamp-Root, the great Kidney, Liver and Bladder Remedy, may receive a sample bottle by mail, absolutely free. effort in those counties to sei-ure the four or five Statement One Legislators that are needed to give the Statement forces control of the Legislature. m THE FACT THAT THE BULK OF THE WHISKEY SOLD THROUGHOUT THE UNITED STATES IS BLENDED PROVES THE POPULARITY OF THIS FORM OF WHISKEY HUNTER Baltimore RYE' IS A BLEND OF MARY LAND'S PUREST STRAIGHT RYE WHISKIES OF UNI FORM EXCELLENCE AND IS THE PERFECTION OF QUALITY AND FLAVOR 8oM at .11 flrnt-elus cafe .nd bt Jobber., WM. LAN AHAK SON. B.llimur., Md. A Skin of Beauty is a Joy Forever r8. T. FELIX GOURAUD'S ORIENTAL CREATOR MAGICAL BEABTIFIER 3 8 yeSx Removes Tan. Pimples, rrecxiM, Jttotn rulcfiCB. Ra&n, and Skin Dlneaoei, and every bleml? h on beauty, and de fies detection. It baa stood the tent of 60 years, and la so harmless wi taste It to be sure It Is properly matte. Accept no counter feit of similar name. Dr. L. A. Sayre said to a lady of the caut ion (a patient t : As you ladles will uk them, I recommend ottrnurt' Cremm' as the leant harmful of all the kin preparation 9. ' For sale by all dm crista and Fancy Good Dealer in the United States, Canada and Europe. FERD. T.HOPKINS, Prop., 37 Great Janes Street, KewTc-k, O FOR WOMEN ONLY Dr. Sanderson's Compound Sav- "sidM in ana Louon isooi riiin, tne DPSl ana only rename remwlv for KEMAI.K TKOUUI.Ktt AM) IHRK,11.AKIT1ES. Cure tha most obstinate rases In H to 10 days. Price 92 per box, or . 3 boxes (5. Sold by druggists everywhere. v Address Dr. T. J. PIERCE. 181 First St.. Portland. Oregon. Phone Mala 11)85. cr.