Morning Oregonian. (Portland, Or.) 1861-1937, July 11, 1908, Page 3, Image 3

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    TIIE MORNING OREGOXIAX. SATURDAY, JULY 11, 1903.
WATSON AGGEPTS
vTHEiiiTl
Standard-Bearer of Populist
Party Makes Character
istic Speech.
DENOUNCES MONEY POWER
Pokes Fun at Roosevelt's Attempt to
"Bust" Trusts and Vehemently
Assails Federal Courts
as Lawbreakers.
ATLANTA, Ga., July 10. Thomas E.
Watson, of Thompson, Ga.f candidate
of the People's Party for President of
the United States, was formally noti
fied of his nomination by the commit
tee appointed at the St. Louis conven
tion, at a largely-attended meeting of
the Populists in this city tonight. The
notification speech was delivered by
Judgre Forest, of Albany, N. Y.
In accepting the nomination, Mr.
Watson made a characteristic speech,
going back to the dawn of history and
drawing on the story of the decline and
fall of Rome for examples of the in
evitable fate of an unbridled plutocracy.
He also devoted much attention to
the money power and lauded both An
drew Jackson and Thomas Jefferson
- for their efforts to curb the rapacity
of the money kings. In reference to
present-day problems Mr. Watson said
tn part:
Speech of Acceptance.
For several years a "Big Stick' President
ha been engaged In the alleged work of
trust -busting. Where's your busted trust?
Which one of them haw been put out of busi
ness? You can not name it. How can a
President, who has been "standing pat" with
the tariff standpatter do any effective trust
hustlng? You might as well try to purge
the Gulf of Mexico without diverting the
Mississippi. As long as you "stand pat" as
to the river, the Gulf will "stand pat' in
ppite of you. We Jeffersonians contend that
the trust are the natural offspring of mo
nopoly and that the only way to destroy a
trust Is to kill the monopoly. Put on the
fre liet those article manufactured by the
trusts. The foreign competitor will do the
rest.
The American people, patriotic idiots that
we are. give their hearty support to a pro
tective policy, a tariff system, which Is a
ruinous burden to everybody, with two ex
ception. The first exception is the Amer
ican manufacturer, who exploits the home
market with hl trut: the second is the for
eigner, who buys American goods cheaper
than we can buy them, cheaper than he can
buy the manufactured goods of his own
country. It is a literal fact that after the
beneflclarifs of special privilege get their por
tions or the annual Increase of the Nation's
wealth, none of it Is left.
Cause of the Recent Panic.
Uast Fall there was a panic, in spite of
the fact i)iat we had a greater amount of
material wealth than ever before. Bank
ruptcy went stalking through the land and
the cry of distress rang from sea to sea. How
cli'l our Republican President, our friend of
the "Rig Stick" dt-al with the panic? He
followed precedent, doing Just what our Dem
ocratic President. Mr. Cleveland, had done.
J. P. Morgan was commander-in-chief of the
Wall-street "patriots' who forced the panic,
Juet as h was In IN93, and to Morgan Roose
velt's administration virtually eaid, as Mr.
t leveland had said, in Jb: "If nothing
else but bonds will do you, come on and get
the bonds.'
What brought about the panic of 197?
The voium of real money has ben so greatly
lepsened In comparison with the country's
need for money that it Is not dl f ficult to
"comer" the available supply. New i'ork
did this last Fall. (Yedits of alt sorts had
been recklrssly extended, and .when the real
money was needed New York was found to
be In possession of it, and New York held
on to it. Neither banks nor individuals could
get back their own money from New York
without paving an extortionate price for It.
How could the situation have been relieved?
The Government should have broken the New
York corner on money by Issuing Its own
notes, juet as Andrew Jackson did in 1837.
Hot Shot for Money Power.
The Constitution denies to the states the
power to make anything else but gold aud
silver a legal tender of payment of debts,
yet. today, six thousand National bankers,
private citizens though they are. do prac
tically what the Constitution forbids the
states to do. To the extent of $600,000,000
they already have their personal notes in
circulation as money ; under the Aldrich
Vreeland bill, they are given the right to
Issue an additional .'00.0o0,o00. Think of
it!
To break the fetters which the money
power has fastened upon the people, was
one of the leading purposes of Thomas Jef
ferson. That he did break that power, in
his dav. was one of the crowning glories
of Andrew Jarkson. It is an astounding
evidence of the success with which the
banking class has hypnotized the people,
that we the disciples of Jackson and Jef
ferson should encounter a storm of perse
cution when we endeavor to arouse the peo
ple to a knowledge of their financial
slavery.
To preserve the dignity of the states and
the minority of decision It was provided in
the judiciary act of 17S9. that the test of
the constitutionality of a state law should
first be made in the state courts of the
state whose law was challenged, and that
if the state courts refused to set aside the
statute In question, an appeal might be
taken from the Supreme Court of the
Vnited States. That method of testing the
constitutionality of a state law has never
been changed by Congress, nor by any
amendment to the Federal Constitution. It
is the law of the land today. Previous to
the Civil War. no state law was ever at
tacked In any other manner.
Federal Judges Condemned.
Where do the Federal Judges of District
CAjrt get their authority to enjoin Gov
ernors and suspend the operation of state
laws, as they have been doing since the
Civil War? What line of the revised stat
utes gives these lower Federal Courts any
such jurisdiction? What clause in the con
stitution justifies them?
It cannot be found. It does not exist.
The act of the Federal Courts that have
been enjoining state authorities, annulling
state law and arrogating to themselves the
right to put a veto on state legislation, is
nothing In the world but the encroaching
audacity of the corporations, acting through
the complicity of the Judge.
If ever, bv any chance, I am President of
thu republic. I promise you one thing: These
?rrormion henchmen. acting as Federal
Judges, are going n get such a call-down as
will make them glad to scurry to their con
ti tut tonal sphere. To accomplish this, noth
itiK more Is needed than that the executive
power s-hall assort ttsclf and restore the bal
ance between the Executive, the Legislative
ind the Judicial Department. If ever I
hould represent the Chief Executive power,
he manner in which It will be asserted will
uake good reading for future generations.
Proud of His Record.
If we tamely submit to the financial
tristocracy which erects its strongholds upon
the hetuhts of special privilege and plunders
.! through prostitution of Legislative ma
chinery if jvc vi Id to these insolent and
Insatiable plutocrats without a fitcht, w will
b the first branch of the great Teutonic
family that ever disgraced Itself by such a
puslllanimoua surrend r. I, for one. am proud
of a recordi of prolonged and determined bat
tle againn the system nf class legtriation
whose yoke we bear. And because of this
record, 1 accept the nomination which my
party ha tend red.
BRYAN TALKS AT HOME
(Continued from First Page.
you now. whatever I may say on the sub
jects that divide us, whatever arguments I
may advance In support of those policies
which to me seem best for the country. X
want you always to know and never to
forget, that 1 believe that the things that
bind us together as citisens are more im
portant and mot numerous than our po
litical vie a 1 want you to know that,
however earnest I may be in the presenta
tion of my political Ideas, I recognize at
ail times the equal right of every other
cttlsen to hold opinions and, as I respect
you no less for candidly stating your views.
I hope you will think none the less of me
If I candidly state my views when the
occasion calls for a statement.
Lore of Country First.
I like to believe that every American
citizen places his love of country above
his love of party. I like to believe that
every American citizen prefers- the triumph
of that which is right to the triumph of
that which he may believe to be right if
he is in fact mistaken. And. my friends,
building on this basis, we ran be both
earnest and charitable, for. If we love our
country, we love our party; we desire ihe
triumph of Justice more than th triumph
of erroneous opinions; we are prepared for
either victory or defeat, for. if we win we
know that the victory can only be perma
nent If it is a deserved victory, and if it
results in the advancement of the common
wealth; and we know that if defeat comes,
it can only be temporary if we are In fact
right and those who win were wrong, and,
thus believing In the omnipotence of truth,
we are prepared to meet each other upon
an honest footing, discuss our differences
honestly, bow submissively to the will of
the people, and pray that whichever party
wins the country's good will be preserved.
(Great applause and cheering.) ,
Can Afford to Lose if Right.
My father was a devout man. He did not
leave me much In the way of money, and
I am not sure but that it was better for
me that he did not. for I believe that great
wealth is more often a curse than a bless
ing to the young man who inherits it. A
prospective fortune large enough to relieve
one from the necessity of toll is more apt
to paralyze one's energies than to be a
source of stimulation to him. But while
my father did not leave me a fortune, lie
left me something that has been worth
more to me than all the money of any mtl-
f
' ? v. I
" V J? r- Sfs. I
" ' f - f it
Thomas E. Watson, of Georgia,
Nominated for President by
People's Party.
lionaire could have been. He taught me
to believe that every righteous principle
would triumph. ( Applause.) He taught me
when a boy that I could afford to be in
the minority, but that T could not afford
to be wrong on any question; that if I was
in the minority and right. I would some
time be in the majority. (Apniause and
cheers, and cries of "you will now.") And
that if I was in the majority and wrong,
I would some time be in the minority.
I say to .you. my friends, that that ad
vice given to me by my father has been
worth more to me than any amount of
money could be, and 1 believe that It is a
principle that we should Imbue in the minds
and in the hearts of all. confidence of the
triumph of every righteous cause. If evils
come, let us have confidence in the intelli
gence and the integrity and the .patriotism
of the people. I am an optimist. I be
lieve the world is growing better; I be
lieve that the great movements for the up
lifting of society are going forward with
resistless force. We cam ot stop the tri
umph of the truth. We may accelerate It;
we may retard it; we cannot stop it. But
if I were to talk too long on principles like
these. I might be tempted to apply them
to conditions and to the Issues, and that is
not my purpose this morning.
domination Comes Freely.
A great honor has fallen to us. The
voters of a great party have made me their
standard-shearer. I need not tell you that
I did not buy this nomination. I need not
tell you that I had no way of coercing peo
ple. Why, my friends, I have no way of
coercing the people who live about me no
way of coercing the people of Normal or of
Uncoln or of Lancaster or of Nebraska,
much less of the United States. It is not
for me to say whether they have acted
wisely at Denver or not; I'm glad that tho
responsibility is theirs, not mine. (Laugh
ter, t
This I know: I appreciate it because it
has been a free will offering presented by
some six million of my ciuntrymen. We
are going to do the best we can to present
to the public the issuer of this campaign.
We are going tomeet you as best we can,
and then we are going to believe that,
whatever the result is on election day, it
is going to be good, and. If It Is for us,
we will feel that we are going to be per
mitted to put into practice the principles
which will be presented, and. if It is against
us. we will know that we can learn by the
manner In which our opponents apply their
principles whether they were right in ad
vocating them or we right In opposing them.
You have come out at the beginning of
the campaign. Come out just as often as
you will. And there is one thing about it,
the pleasure of success will be moderated
by the fact that it will take us from you,
and the sorrow of defeat will be softened
by the fact that it will leave us with you.
(Great cheering).
After the address was concluded there
was music by the band. The Mexican
serenade La Paloma" was played, it be
ing the nominee's favorite , air, and he
acknowledged that the. piece was most
appropriate, since those animated em
blems of harmony were setfree in the
convention hall at Denver.
After the handshaking which fol
lowed the speech was over the visitors
were shown over the farm and through
the house.
In honor of the nomination of Mr.
Bryan, citizens' of Lincoln united in a
noisy demonstration this morning. The
celebration was non-partlean.
At 8:20 o'clock whistles were sounded
and this was followed by a variety of
notee-making devices. Switch engines and
locomotives Joined In the noise-making
and a band paraded the streets.
The nominee sat beside his daughter
Grace on a settee when for the third time
in his life Mr. Bryan heard himself called
to lead his party in a battle of ballots for
the Presidency. A. R. Talbot, Mr. Bry
an's former law partner, was the first to
Krasp his hand and for a moment he was
kept busy with both hands acknowledg
ing the congratulations of the 15 people
In the room.
A loving cup filled with unfermented
grape juice was brought out, each one
present taking a sip.
Aside from the candidate's family, his
former law partner, his secretary . and
Mrs. J. Winger and his sister. Mrs. Allen,
Mr. Bryan's companions during the night
were newspaper correspondents. Accept
ing them as guests. Mr. Bryan whilec
away the hours with story after story
illustrating his experiences in public life
on some point which he desired to make.
Hundreds of congratulations were re
ceived by telegraph during the day. near
ly all predicting success in the Fall.
LEAFGREEN TRIAL ENDS
St. Louis Court Takes Will Contest
Vnder Advisement.
ST. LOUIS, July 10. The case of Mrs.
Mary Leafgreen. in which she seeks to
establish a claim to a widow's share of
the estate of laclede J. Howard, has
been under advisement by Judge Kin
sey. the trial having concluded yesterday-
Mrs. I.eafgreen contends she was
married to Howard and the latter left
her.
The defense contends she was never
married to Howard, hut was married
instead to Thomas Jefferson Miller, who
was Mayor of Tumwater, Wash.
GRAND FORKS HIT
BY S300.DD0 FIRE
Early Morning Blaze Drives
Hotel Guests Into Street
Scantily Clothed.
ONE DEAD, ONE MISSING
Worst Conflagration In History of
Town Two Blocks and Half
Are Swept Clean of
, All Buildings.
VANCOUVER, B. C, July 10.-A special
to the Province from Grand Forks says:
The worst Are In the history of this
city, which is the capital of the smelter
district of the Boundary country, started
early this morning, supposedly in a va
cant hotel, and had made such headway
before it was noticed that it looked as if
the whole lower end of the town was
doomed.
Two blocks and a half were completely
cleaned out. and the approximate loss
which cannot be accurately ascertained
at present will reach nearly $300,000, with
possibly 26 per cent of Insurance.
Charred Body In Ruins.
, Barnaby Malo. who was stopping in the
Valhalla Hotel, was killed, only his
charred remains being found in the ruins.
One other person is missing..
The buildings destroyed were: Yale
Hotel. Alberta Hall. Valhalla Hotel, Vic
toria Hotel, Parre's barber shop, Cana
dian Pacific Railway telegraph office, Tel
egraph Exchange, Windsor Hotel. British-American
Trust Company, Eastern
Township Bank, Downey cigar sotre,
Province Hotel, Clarendon restaurant,
Salvation Army barracks. Grand Forks
Hotel, band hall, Foley's residence,
Home's residence, White jewelry store,
Co-Operative store, Chappelle's plumbing
shop. Woodland's drug store, C'ockrane's
law office. Dominion express office.
Bseldes these places, several buildings
which were not occupied were burned to
the ground. When it was seen how seri
ous the fire was, the steam fire engine
was backed down to the river, which,
along with the large tank, gave the fire
men plenty of water.
Guests Flee From Burning Hotels.
In several of the hotels guests barely
escaped with a. few clothes, and in some
cases people made a dash for the street
nearly naked.
The west side of First street was
threatened for some time, and the plate
glass windows were broken with the in
tense heat from the blocks burning on
the east side of the street.
The Granby, which had a close call,
and the Winnipeg are the only hotels of
the city which escaped the flames.
Grand Forks is the most important
town of the Boundary mining district
of British Columbia. It is at the con
fluenceof the north fork with the main
Kettle River and lies within a few
miles of the boundary. It is the site
of the large copper smelting plant of
the Graves syndicate and is traversed
by the Columbia & Western branch of
the Canadian Pacific Railroad and by
two short railroads running to Repub
lic, Wash. It is a remarkably well
built, enterprising town, though many
of its largest buildings were frame.
BABY ELOPERS IN JAIL
HOY OF 19 AND GIRL
COME TO GRIEF.
OF 14
Married In Olympia on Forged Cer
tificate, Youthful Lovers Are
Located In Tacoma.
TACOMA. Wash., July, 10. (Special.)
While they were preparing to flee
from Tacoma, having been warned that
the police were watching for them and
that they would be placed under ar
rest if found, George Ezra Hollopter.
aged 19, and Imogene Glen, now the
14-year-old wife of George, were ar
rested this afternoon by city detectives,
bringing their alrcastles tumbling
down about their heads.
The children have been living in
Olympia with their parents and have
been lover and sweetheart ever since
they were old enough to toddle. Last
Tuesday they decided to get married.
The boy. it is said, forged the name of
his bride's parents to an order for a
marriage license and they were mar
ried by an Olympia minister Tuesday
morning.
WILL WATER 30,000 ACRES
Eastern Capitalists Said to Be Inter
ested In La Grande Project.
LA GRANDE. Or., July 10. Special.)
When the moneyed men from the East
WILL NOT RUN FOR
FAIRVIEW, LINCOLN, Neb., July 10. The following statement"
was made by William J. Bryan, when at 4:34 A. M. he received an
nouncement of his nomination as Presidential candidate of the Demo
cratic party:
"The Presidency is the highest official position in the world, and
no one occuping it can afford to have his views upon public ques
tions biased by personal ambition. Recognizing his responsibility to
God and his obligation to his countrymen, he should enter upon the
discharge of his duties with singleness of purpose. Believing that one
can best do this when he is not planning for a second term, I announce
now. as I have on former occasions, that, if elected, I shall not be a
candidate for re-election.
"This is a nomination plainly from the people, and my obligation
will be purely to the people. I appreciate the honor more because it
came not from one person or a few persons, but from the rank and
file, acting freely and without compulsion."
reach here some time early next week to
lay plans before the Commercial Club,
wherein they purpose to finance an irri
gation project to water something like
30.000 acres of semi-arid land in this val
ley, they will be met by a delegation of
local business men.
Who the financiers are who have prom
ised the project Is not publicly known,
and much interest centers in their visit.
The waters of the Grand Ronde River
will be used for this purpose, and the
water is to be dammed in a natural ba
sin. Considerably over Il.0n0.000 will be
spent on the project.
Engineers last Fall studied the matter
and reported favorably. ,
August Butterick Patterns and Delineator
16-Button Silk Gloves
Double-tipped. 16-button Silk Gloves in black, white,
leather and other colors. Famous Kayser, Fownes and
Niagara makes.
Reg. $1.75 Values 95C PSLlT
Children's Wash Dresses "
Ages 6 to 16 years. Made of chambray, gingham, etc., in all
styles and all colors and patterns.
Values to $7.50 1.69
i
Misses' Duck Outing Hats
White, tan and blue. On sale at center bargain table.
Regular 39c Values 10C
All Hammocks Are Now Reduced
All the new designs of the season in good double-twined
weaves, in light and dark effects, full size, with upholstered
pillows, spreader and deep valance.
$1.50 Hammocks $1.19 $3.50 Hammocks ?3.79
$2.00 Hammocks $1.59 $4.00 Hammocks $3.19
$2.50 Hammocks $2.15 $5.00 Hammocks $3.98
$3.00 Hammocks $2.49 $6.50 Hammocks $5.49
Men's White and Fancy Vests
Flannels. Mercerized, Silk Mixtures, etc., in stripes, checks,
plaids, figures and plain effects.
Values to $4.00 1.55
White Wash Skirts
Values to $3.50 $1.Q5.
JfllllUS FOR WAR
Troops Sent to Quell Outbreak
in New Mexico.
NO DETAILS ARE GIVEN
Rumors That Trouble Is Over Water
and Grazing Lands Soldiers
Take Field Equipped for
Long Campaign.
BISBEE, Ariz., Juty 10. An uprising of
the Navajos in New Mexico is reported
to have occurred and SO soldiers with ma
chine guns have been dispatched from
Fort Huachua to Fort -Wlngate, N. M..
for the purpose of aiding the troops sta
tioned there in quelling the outbreak. No
details have been received.
READY FOR ipXG CAMPAIGN"
Troops Pass Through Flagstaff on
Way to Scene.
FIAGSTAFF, Arizona. July 10. Troop
Ia, Fifth Cavalry. U. S. A., equipped for
a long campaign, accompanied by a spe
cial battery of Gatling guns, passed
through Flagstaff from Fort Whipple to
day. The troop has been ordered to Fort
Defiance with the balance of the squad
ron from Fort Apache, owing to dis
turbances among the Navajo Indians and
stockmen over public land and water on
the adjoining Navajo reservation.
Nothing definite is known, but from
the preparations ,of the Government, an
outbreak is evidently feared.
Commoner Reaps Harvest.
DENVER. July 10. Indications are
that the Commoner, W. J. Bryan's
Lincoln publication, through which the
Democratic nominee gives his views t
the reading public, is slated for a
skyward notch in numbers of circu-
SECOND TERM.
lation. It Is said the Commoner has a
big force of boosters busy among the
delegates and visitors to the conven
tion, gathering in subscriptions, and
that their efforts are not without avail.
Ask Roosevelt to Attend.
OYSTER BAT, July 10. President
Roosevelt has received an Invitation to
be the guest of Camp Dawson, of the
Arctic Brotherhood at the Alaska-Yukon-Pacific
Exposition, which will be held in
Seattle next year. The Invitation is
unique, being engrossed on white skins
and containing half a dozen beautiful
chotographs of hunting scenes and land
scapes in Alaska Territory. The flags of
the United States and of Great Britain
ornament the head of the Invitation and
under these flags is the motto:
"No boundary line here."
It Is improbable that the President will
be able to accept the Invitation of the
Alaskans to he their guest owing to his
proposed hunting trip in Africa.
ARE INDICTED FOR BETTING
Xew York Grand Jury Accuses 22
Bookmakers.
NEW YORK, July 10. Indictments
which. If sustained on trial, may send 22
men charged with bookmaking to jail for
one year each, were reported by the
Kings County Grand Jury today under
the recently enacted anti-betting law.
The indictments followed an inquiry ex
tending over several days and marked
thp culmination of the enforcement meas
ures adopted by the Kings County au
thorities immediately after the passage
of the law at a special session of the
Legislature, which had been convened by
Governor Hughes after the bills had
failed of passage at the regular session.
Under the law, which makes the offense
charged in the indictments a misdemean
or, only a prison sentence may be Imposed
upon conviction.
That news of the indictments became
known before they were reported to the
court became apparent when it was found
that every one of the 22 men named by
the Grand Jury was present in court
when the jury's report was made. They
were accompanied by counsel and all ex
pressed a desire to enter pleas to the in
dictment at once. Pleas o not guilty
were accepted and Judge Dike paroled all
the men In the custody of their counsel
until later in the day, when they will be
called on to furnish bail in the sum of
S500 each.
Of the 22 men indicted, three are mem
bers of the Metropolitan Turf Association,
an organization of bookmakers. They
are George Caffarettl, Orlando A. Jones
and Edward J. Callahan.
Bail in the sum of toOO each for the
Indicted men was furnished.
WIRELESS FROM FLEET
Battleships Report Fine
54 0 Miles Out.
Weather
SAN FRANCISCO, July 10. The Gov
ernment wireless station on the Faral
lones, 20 miles off the Golden Gate,
was in communication with the Atlan
tic fleet at 8 o'slock last night. At
that time the fleet was reported to be
640 miles out, with fine weather pre
vailing. The formation was still line
of squadron, except when maneuver
ing. Will Plan New Warships.
NEWPORT, R. I.. July 10. There will
be a very imposing assembly of Naval
officials at the Naval War College to
day, the purpose being to discuss plans
for battleships and cruisers. The offi
cers assigned to this city are Rear
Admirals William S. Cowles, C. F.
Goodrich, William Swift and A. R. Cou
den. and Captains Newton E. Niles, R.
R. Ingersoll and Charles J. Badger.
Though nothing definite can be
learned, it is expected that they will go
deeply into the subject of battleships
and cruisers as fighting machines.
They will determine whether or not
the armament of vessels can be in
creased with an improvement of their
efficiency.
Cruiser St. Louis to Be Docked.
SAN FRANCISCO. July 10. The pro
tected cruiser St. Louis, which arrived
here a few days ago from Honolulu with
Secretary of the Interior Garfield on
board, sailed this afternoon for . the
Bremerton Navy-yard, where she will be
docked and overhauled.
Takes Child From Father.
OREGON CITY. Or.. July 10. (Spe
cial.) In the Juvenile Court today
Ernest, the 4-year-old son of Albert
Riggs, of Clackamas Heights, was re
moved from the custody ' his fa-r
"The Post Girl," the
ft
Men's Sample Hosiery
Odd lots and sizes in plain colors, fancy weaves, embroid
ered effects, plaids, stripes, etc. All colors.
Values Up to 75c 19c Pclfr
Women's Knit Sweaters
White, cardinal and gray. Ideal for golf, tennis, walking And
sporting wear,
Values Up to $5.00 2.95
All Parasols Now Reduced
Parasols of every description at tremendous reductions
Linen, Pongee, Silk and Gloria.
Regular $2.50 Parasols reduced to .$1.45
Regular $3.50 Parasols reduced to $1.95
Regular $4.00 Parasols reduced to $2.75
Regular $5.00 Parasols reduced to $3.50
Regular $6.00 Parasols reduced to ..$4.45
Milan Straw Banded Sailors
$2.00 Values $1.19
Women's Long Lawn Kimonos
Variety of Styles and Patterns.
Reg. Values to $1.85 $1.39 Ea.
Sale of Knit Underwear
Women's Swiss Ribbed Vests, low neck, no sleeves,
Reg. 25c Quality 19C
Women's Swiss Ribbed Vests, plain or trimmed,
43c Quality 33C
Women's Swiss Ribbed Union Suits, low neck, no sleeves,
umbrella style,
85c Values 63C
to St. Agnes Home. It was charged by
relatives of the child's mother that the
lad has not been receiving proper care.
Riggs and his wife are separated.
FRIENDS ANNUAL MEETING
Sessions at Newberg With Delegates
From Northwest States.
NEWBERG. Or.. July 10. (Special.)
Oregon's yearly meeting of the
Friends' Church is in session here this
week. Members are in attendance from
over' this state, from Washington,
Idaho, and ministers and visiting mem
bers from California and some Eastern
states.
Officers were elected. Thursday as
follows: Presiding clerk. H. Edwin
McGrew, Caldwell, Idaho; reading
clerk, Mrs. Marguerite P. Elliott: re
EIGHTY
HALF YEARLY REPORT
THE GERMAN SAVINGS
AND LOAN SOCIETY
526 California Steet, San Francisco, Cal.
SWORN STATEMENT
Of the condition and value of the Assets and Liabilities of THE GERMAN
SAVINGS AND LOAN SOCIETY, a corporation doing business at No. 526 Cali
fornia street. In the City and County of San Francisco, State of California, and
where said assets are situated on June 30. 192S.
ASSETS
1 $ 8,000,000 United States 4 per cent registered Bonds of 125, the .
value of which is 3,667,500.03
2,500,000 United States 2 per cent registered Bonds of 1930, the
value of which is 2,625,030.00
Of these bonds J4.500.000 are kept in a safe in the
vault of and rented from the New York Stock Ex
change Building Company in New York Cltv.
5,068,725 Miscellaneous Municipal Railroad. Cable and Street
Railway. Light and other Corporation Bonds. Also
sundry Shares of Stock; the value of said Bonds and
Shares is 5.T.n.00
$10.568,775 " JU'672'270-
Standing on the books of the Corporation at...- $10,668,041.95
2 Promissory notes secured by first lien on Real Estate within
this State, the States of Oregon. Washington, Utah, Nevada
and Idaho, and Territory of Hawaii; the value of said promts- .
sory notes is fc3, 848,804.81
5 Miscellaneous Railroad. Street Railway and other Corporation
Bonds and Stock Certificates pledged to the Society for the
amount of 240.60.00
4 Bank Building and Lot (including- Vaults and Furniture), the
value of which is $175,010.00, standing on the books of the '
Corporation at.' - - 100.00
5 Other Real Estate, situated in the States of California. Oregon
and Washington and Territory of Hawaii, the value of
which is ; i3tt5.is
6 Cash In 'v:nited''siate.'o'ld and Silver Coin, kept
bv said Corporation in its own vaults $2,029,828.03
I" Banks o3.31J.84
Total .' $37,055,263.51
LIABILITIES
1 To Depositors: Said Corporation owes Deposits amounting to.
and the value of which is -$34,4.4,oo4..3
2To Stockholders: The amount of Capital Stock actually paid . j 000 00) 00
UD'The condftlon nt said "l'iabliiVy to' stockholders is. that no
part of the amount can be paid to them or In any way be
wUhdrawn except in payment of losses during the existence
of the Corporation, nor until all Depositors shall have been
paid in full the amount of their deposits and declared dividends. .
a To Depositors and Stockholders: ...... . rS oftn ntt
fai The Reserve Fund, the value of which is . . . . . . . 1.3io,000.00
(Including the amount of matured but uncollected interest
b TheContingent Fund, the value of which is ...... 78.9S3.S2
(b) Tn5)t10nof 8ald Funds is. that the same have been
created for the purpose of additional security to Depositors
-Statcfty and County Taxes assessed by the Government, but
not yet payable i
. ' ....$37,055,263.31
N. OHLANDT.
President of the German Savings and Loan Society.
GEORGE TOUBNY.
Secretary of the German Savings and Loan Society.
State of California.
atv nnd L'ountv of San Francisco ss. 3 ,
N Ohlandt and George Tourny. being each separately duly sworn each
, Ci . iJ . i.S.. That said N Ohlanrtt is President, and that said George
Tournv" "is 'fSecretarvT The German Savings and Loan Society, the Corpora
Son above mentioned, and-that the foregoing statement is QHJ ADT
GEO. TOURNT.
Subscribed and sworn to before me this 30th day of June. 190S.
(Seal) . ROBERT R. RUSS, Notary Public
Best New Novel, $1.18
cording, clerk. Mrs. Rebecca W. H.
Smith; announcing clerk. Walter R.
Miles, all of Newberg.
Four sessions are held daily through
out the week a devotional service at
8 o'clock, public business sessions at
10 A. M. and at 2 P. M. of two hours
each, and devotional services again in
the evening. Tn the latter. Rev. Lind
ley A. Wells, late of Berkeley, Cal., the
new pastor of the Portland church, has
taken a leading part.
The Christian Endeavor rally waa
held last night, when an able address
by H. Edwin McGrew was listened to
by a large audience.
The subject of missions was up for
consideration this afternoon, the prin
cipal address again being delivered by
Presiding Clerk H. E. McGrew, who
made a stirring appeal for the support
of this department of the activities of
the church.
- FIRST
OF