Morning Oregonian., October 22, 1908, Page 5, Image 5

I ) THE MOUSING OREGOSIAX. THURSDAY, OCTOBER 23, 1903. ,
t ,
SIEVES NEW YORK
TO LOCATE BET
No One in Gotham Feels Money
Sure of Bryan Being Able
to Carry Oregon.
TURN DOWN ALL WAGERS
Hudspeth. Says He Feels Confident
brskan Will Win Without Cap
turing Beaver State Gives
Him 261 Votes.
FT LIVJTD F. IjON FTK O A N.
NEW YORK. Oct. 21. (Special.) I put
In an entire evening trying to find some
body who wanted to tvt that Bryan
would carry Oregon. Even at Demo
cratic National headquarters I failed to
arouse enthusiasm, and the final result
was that not a single wager could be
made.
"If you put it on the ground of a per
ianal favor," said John Ilarman, who is
running for the Senate over in Brook
lyn, "why, I will bet you a hat or a
pair of shoes. Say, though, that would
be illegal, wouldn't it? I guess you had
better call the whole thing off."
National Chairman Mack has his of
fices in the Hoffman House. Mr. Mack
was not in when I called. Mr. Mack,
like his Republican opponent. Mr. Hitch
cock, seems to spend most of his time on
fast trains between New York and Chi
cago. When these gentlemen reach' one
city, they immediately take a train for
the other. At present they are making
ahout double the mileage of an over
worked Pullman porter.
The latest wireless from Mr. Mack was
that he had passed Batavla. N. Y., on
time, going west. By some strange
chance of fate. Vice-Chairman Hudspeth
was at headquarters. It was explained
that he had just dropped In to look over
pome mail.
"Will Bryan carry Oregon?" Mr. Hud
speth was asked.
The vice-chairman smiled. This was
taken to indicate reserve, also confidence.
"We are not worrying about Oregon,"
be finally replied. "Of course, we have
hones."
When I mentioned something about an
anxiety to find a man who would wager
money on Democratic hopes, Mr. Hud
speth sighed.
"I never bet, and I do not know any
body else who does," he said.
"But," he continued, "we will elect
Pryan regardless of tae result in Ore
gon and the Pacific Coast states."
Then he exhibited .his tabulation,
which gives the Democratic ticket 261
electoral votes, or 19 more than needed.
He claims the solid South, Including
Oklahoma and Maryland, 166; New
York, 39; Ohio. 23: Indiana, 15; Ne
braska, 8; West Virginia. 7, and Nevada,
S. In addition, he puts New Jersey,
Connecticut, Rhode Island and Illinois
in the doubtful list
"So you see." he concluded, "we do
not need the Far Western states, al
though we are keeping up a hard fight,
of course."
"Bet on Oregon T" repeated "Big Tim"
Fullivan when he was cornered in the
Hoffman House. "Not on' your life.
Teddy is strong in that Far West coun
try, and Taft should benefit by it. But
If you know anybody who wants to
wager even money on Hughes, send him
around."
C. J. Edwards, an attache of the Na
tional Committee for a good many
vears. declared it would be impossible
here to place a bet on Oregon, Wash
ington, California or Idaho.
"We have received cheering reports
from those states," he said, "but they
are too far away for the man In the
street to be positive about conditions.
Bryan can win without them, so what
is the use of worrying?"
Former Senatcr George "W Plunkett.
the "Sage of the West Side" also voiced
objections. s
Betting Is foolish." he said; "and It
is particularly foolish when you do not
know what you are talking about.
Didn't they have an election in Oregon
a few months ago.' and weren't the
Democrats wiped out?
"Yes. I thought so. Now, how does
any sane man think a state Is going
to reverse itself like that? You can
not get me excited about Oregon. I'd
just as soon go up In Vermont and stump
for Bryan.
"From all I can learn. Bryan has the
same chance of carrying the Far West
that Taft has of denting the solid
South. The fight Is all in the Fast and
the Central West. I wouldn't bet a
shine or a child's hair-cut on Oregon
going Democratic this year."
'o Hope Out West.
Johnnie Meehan. the "Beef and Bears
philosopher of Park Row." another Dem
ocrat who does not enthuse over his
party's chances out West.
"Bryan will be elected." declared Mr.
Meehan, "at least I think so. He will
tarry New York and Ohio and Indiana
and Nebraska and enough other Eastern
and Middlo Western states to give him a
majority.
"I have never been in Oregon but I
liave read a lot ahout It, and as a loyal
Democrat, the election returns from there
have always given me a chill, you will
not find anybody anxious to throw money
Into the street that way. But I can cover
all the Hughes money you can dig up."
And this is the same story 1 got all
around town.
Sporting men say that there is less bet
ting this year than at any time they can
remember. nobody Is anxious to risk any
money, or else there is a general feeling
of apathy among the voters.
There is plenty of Taft money In Wall
street, but very l!:tle is covered. Repub
licans are ready to wager two and one-half
to one. while the Bryan men demand
three to one. and refuse to consider any
thing else. In consequence there are few
real money bets.
Tne "one best bet" of the Democrats Is
that Chanler will defeat Hughes, and they
are willing to wager large sums on It.
But as before the question of odds Is in
the way. the Democrats asking even while
the Hughes men insist on tea to eight or
ten to nine.
Four years ago at Schumann's cafe in
Brooklyn, over ,0u0 was locked up in
the safe, awaiting the decision at the
polls. And at the Huffman House K25,X
was tied up until after election day.
The bulk of this cash was placed on the
gubernatorial race, and on majorities.
Comparatively small .sums were watered
on the presidency, as the odds of four to
one and five to one did not appeal to the
average bettor.
It la an Interesting fact that a number
of these states on the governorship made
the Democratic candidate, Herrick. an
odds or favorite, and Herrick. it will be
remembered, was defeated by over 75.0M.
Kred Schuman makes the statement that
it is the "offest" kind of an off year, and
nobody will lose time, sleep or money over
It.
"AH I have seen up to date are half
a dozen bets," be declared. "The largeat
was J100 to JSS that Chanler will defeat
Hughes. Men who in days gone by have
backed their opinions to the limit are si
lent this year. There used to be plenty .of
$1000 bets, now you cannot even, find a
piker."
At the Hoffman House, the 'political
cash" drawer is empty. To quote a dis
gusted attache of the hotel:
"Why they don't even take it out In talk
this year, nooody seems to care who Is
elected . It's a mighty funny campaign."
A Democratic paper tells of a man with
K0.O00 to bet on Chanler at ten to eight
who made the rounds of the Broadway re
sorts. At Shanley's restaurant. In Times
Square he managed to place J700 against
JMO, and that was all he had to show for
his night's work.
It certainly Is a cold, sad year, men
who in previous campaigns have held
large sums of money as stakeholders say
that the present season Is so dull that
they believe they are asleep.
ENDLESS CHAIN IN BANK
(Continued from First Page.)
lng and appeared deeply interested In
the proceedings.
Buncoed Out of lee.
Calvin Austin, president of the East
ern Steamship Company pf Boston, was
a witness In the afternoon. He testi
fied that Morse Induced him to buy 1250
shares of Ice stock, for which Mr.
Austin gave in payment a note for
$100,000. The witness produced a let
ter signed by Morse, guaranteeing Mr.
Austin from all loss. Mr. Austin says
that he subsequently 'learned that his
note was discounted at the National
Bank of North America. Just before
this information reached him, the wit
ness testified. Miss Kate Wilson came
to his office with a letter from Morse,
asking him to surrender the certificates
for the 1250 shares of Ice stock. Mr.
Austin indorsed the certificate! in
blank and surrendered It.
Then. Mr. Austin said. Mr. Curtis,
president of the Bank of North America,
told him his note had been discounted
at his bank. Mr. Curtis Informed- him,
the . witness said, that Charles T. Bar
ney, one of the directors, suggested that
he (Curtis) see Mr. Austin and ask him
to either pay the note or furnish col
lateral. Barney's Bluff Called.
Mr. Austin told Curtis that Morse had
put the mote in the bank and he would
have to take care of It. He added that
Mr. Curtis told him that Mr. . Barney
threatened to resign from the board of
directors if the note was not taken up.
Mr. Austin testified that Mr. Curtis
pushed pen and ink toward Mr. Barney
with which to sign his resignation.
"And did he sign it?" the witness was
"He did not." was the reply.
"Could you have made good the note?"
was asked.
. "I could not that is. not without Ice
stock." replied Mr. Austin.
Upon cross-examination of the witness
by the defense It was brought out that
Mr. Austin had been in many deals
with Morse and that he had derived
large profits. It was also shown that
his salary ranged frorn $10,000 to $30,000
a year.
The lawyers for the defense tried to
show that Mr. Austin would have been
well able to pay the note. The witness
admitted owning large amounts of stock.
Mr. Moxey was recalled to the witness
stand at this period and testified that
Morse discounted the Calvin Austin note
for $100,000 and a note of James R.
Keene for K3.fl00 and received a cashier's
check for $123,000.
Sheldon Xot Implicated. .
United States Attorney Stimson de
nied tho published assertion that
George R. Sheldon, treasurer of the Na
tional Republican committee, had been
a member of one of Morse's pools In
American. Ice stocks. "His name has
never appeared In connection with this
case." said Mr. Stimson. "So far as I
know, he never was connected with an
ice pool or with Mr. Morse."
John P. Fensler, an accountant and
examiner of the Federal Department
of Justice, testified In great detail
about the loans. Interest, checks and
profits and losses of the various loans
which had been made by the bank dur
ing Morse's domination. The witness
also described the loan made to John F.
Carroll, the banker who appeared on
the books to have borrowed $63,000 from
the bank. The witness said that from
this loan originated a subsequent loan
to Davidson Brown, a clerk in the
brokerage firm of Primrose &' Braun.
It appeared from Mr. Oler's testimony
that Mr. Carroll either paid his loans
or In some way cancelled them. When
the Davidson Brown loan was closed In
1906, three other loans took Its place
on the bank's books. The net profit to
the bank from these loans, and from
those made by Leslie E. Whiting, also
a clerk employed by Primrose & Braun,
were $43,355. if the bank got the Inter
est due, the witness said.
A loan to Miss Wilson was closed
out In February, 1906, by a demand
note on K. T. Gelshenen. It previously
had been shown that her loan, which
was Invested in ice stock, was closed
at a profit of $18,000.
The Calvin Austin loan of $104,000 which
had been mentioned in earlier testimony,
was, according to the witness, closed by
a demand loan to a Mr. Thompson, a
&4.000 demand loan to R. M. Thompson,
a $27.0u) demand loan to J. A. Sleicher
and a credit charge over stock and bond
account of the bank of 27,5no. The Slei
cher loan was paid in the following May,
with interest.
Loss on Beat With Writing.
Mr. Fensler said that between April 1
and October 14. 1907, the latter the date
of the panic, the National Bank of North
America lost In all $133,379 through the
"Whiting-Morse transactions, $10,000 of
which was really accrued Interest due
to the bank.
As against the Government's charge
that the bank, lost $1S3.2S9 through the
Whiting-Morse loans, the defense brought
out In the cross-examination of Mr. Fen
sler that on October 14, the day of the
failure, the bank had In its vaults 2000
shares of Ice stock worth then $31. al
though later dropping to 18 a share, but
having at the time a marketable value of
C.O: that the bank was owed a note of
n5!o' against Morse personally and
credited Its commission account with $27,
5.0 profit and had also received $17,500 as
dividends on the Ice stock.
SALE SAMPLE SUITS.
A manufacturer's line of sample suits
on sale today at special reduced prices.
No two alike. Every suit strictly up to
date. Na extra charge for alterations.
jicAllcn & McDonnell, Third and Mor
rison. Pioneer Drops Dead.
ROSEBCRG, Or., Oct. 21. OpcciaU
TVord was received in this city this even
ing of the death of W. H. Olllvant. a
most widelv-known resident of this
county, who fell dead from heart disease
while Inspecting a Umber claim in the
vicinity of Remote.
CARD OF THANKS.
The ladie3 of the Woman's Exchange
desire to express their gratitude to
Mr prasp and his orchestra for his
kindness in lending his hall and or
ehestra for a night of rehearsal foi
.i iuh costume party, and als
to Wadh'ams & Kerr Bros, for a boun
teous supplv of coffee, ana to H. a.
Stout for valuable assistance
LAN!
E SU
n
We, the American' Gentlemen Tailors, made the largest purchase of Foreign
iWoolens ever made by any one firm in the United States. This purchase consists of
English Blue Serges, English Blue and Black Worsteds, Genuine Black Broadcloths
and .Doeskins, English Worsteds in Brown and Gray Mixtures, ScotchTweeds m all
colors, and Royal Homespuns in all shades. These goods are such as are used in
Suits and Overcoats by the highest priced tailors and never sold at less than $60
and upwards. .
$75 would be cheap for the choice Suits and Overcoats m this lot. We give you
your choice of the entire purchase at one price $20.
Any Suit or Over
coat Made to Your
Order for
This Will Positively Be lor Two Days Only FRIDAY AND SATURDAY
Every garment made to order in our own shops under our personal supervision.
A Perfect Fit Guaranteed
Double try-on given each purchaser in the
bastings.
A satisfied customer is what you will be
when you do business with us.
Our Linings and Trimmings are A No. L
Our Tailors are all first-class workmen.
'I'm
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Our Shop the most modern and sanitary in
the country.
Our name in the past meant $45 and up
wards. Our Label on a garment means ' perfection.
i 1 i a
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Remember, $20 Is Our Price for Two Days Only, FRIDAY and SATURDAY
Bear in mind, never in the history of merchant tailoring has such a select lot of
foreign materials been placed on sale at so small a price as our price, $20.
CALL AT OUR PLACE, SELECT YOUR GOODS, BE MEASURED AND REMEMBER THE PRICE $20
SPECIAL ATTENTION Under no conditions can you seieci muic iuau uuc umi ouu u rCU,uoi ao uao puce uuuug
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Any one desiring to avail himself of this sale may do so by having the goods laid aside for 30 days.
Open Friday Night Until 9 o'clock. Saturday Night, 10:30.
The American Gentlemen Tailor.
94
Sixth Street, Cor.
Stark, Portland
REMEMBER THE DAYS, FRIDAY AND SATURDAY
Qyf Sixth Street, Cor.
Stark, Portland
IS SHORT S47.284
Gatch Makes Preliminary Re
port on ScribeT.
NEW RECEIVER COMING
Xeidner Will Dig Deeper Into Aj&
Grande Bank Wreck and Pre
pare Evldence for Prose
cution of Cashier.
ORBGONTAN XE1WS BUREAU, TTash
ington. Oct. ZL Bank Examiner Claude
Gatch, after preliminary examination of
the books and papers of the Farm ere &
Traders' National Bank of La Grande,
which was recently closed, reports to the
Controller of the Currency that he found
assets whose face value aggregates $166.
231. while he unearthed liabilities to the
extent of $213,615. In other words, the
bank Is short at least H7.2S1 through the
embezzlement of Cashier J. W. Scrlber.
Mr. Gatch's report is preliminary and
does not pretend to represent the exact
condition of the bank at the time it was
closed. There will have to be further
probing to determine whether or not there
are outstanding liabilities not yet discov
ered, and until this examination is com
pleted a final report cannot be made.
Receiver to Dig Deeper.
Walter Neidner. of St. Louis, who for
many years has been employed with Na
tional bank receivers and Is familiar with
their business, has been- appointed perma
nent receiver of the defunct La Grajide
bank and is now on his way to La Grande
from Arizona. He will confer with Mr.
Gatch. the temporary receiver, and learn
from him everything thus far discovered
with regard to the bank's condition and
Scrlber's forgeries, and will then take
active charge of the bank's affairs.
The Treasury Department never makes
public reports of bank examiners, and
particularly regards as confidential re
ports on banks that have gone into the
hands of receivers. For this reason no
Information can be obtained from the
Controller as to the exact nature or ex
tent of Scrlber's operations, other than
shown above. He forged numerous ne-
Always Pure
Housewives can better
afford to buy
flavoring v.nm.
' m Lemon
Extracts
for they are pure and reliable
flavors; have always in purity
and strength conformed to the
Pure Food laws.
gotiable papers. It is understood, but how
many, on what names or for what
amounts can not be learned.
Prepare for Prosecution.
The report of Mr. Gatch and the sub
sequent report of Mr. Neidner will be
turned over to the Department of Justice
t ari- hom In Instituting criminal pro
ceedings against the cashier. That is an
additional reason why Information bear
ing on the case is treated as confidential.
Notwithstanding that Scriber has con
fessed his guilt, the department intends
to prepare for prosecution, for it Is possi
ble he may change his mind and plead
not guilty. Should he do so, the informa
tion collected by Treasury agents will be
necessary for the prosecution.
Solon9 After Cannon's Goat.
LINCOLN". Neb.. Oct. 21. Congressman
Moses P. Kinkaid (Republican) has put
himself on record against the re-election
r Toanh Pannnn as Sneaker. He is the
fourth Nebraska Republican Congressman
to make this pieage. ine iulu iwvuu
lican Congressman from Nebraska, Er
nest Pollard, has refused to Btate his position.
WILL ELECTRIFY
HAKREMAX TO ABOLISH SMOKE
OX ILLEXOIS CENTRAL.
Start's Improvement In Chicago and
Recommends Other Road 9 to
Follow Example.
CHICAGO, Oct. 21. Electrification of
all the tracks of the Illinois Central
Railroad Company within the limits of
Chicago was authorized at tjie annual
meeting of stockholders of that road
held here today. The change from
steam to electricity must, according to
the resolution, proceed with all rea
sonable dispatch.
The Illinois Central tracks entering
the city run along the lake shore
through a well-to-do residence district.
and are used constantly by the company
In the suburban, through and local
freight traffic The smoke and dust
arising therefrom have long been ob
jects of attack by persons living along
the line.
The board of directors of the road
also passed a resolution, prior to che
stockholders' meeting, asserting the de
sirability of all railroads entering the
city doing all in their power to mini
mize the smoke nuisance.
The stockholders elected John G.
Shedd of Chicago to fill the vacancy in
the board of directors made vacanc by
the retirement of J. D. W. Cutting, the
last survivor of the Stuyvesant Fish
board. The other retiring directors
were re-elected.
A committee of the Cicy Council Is
now considering the grant to the com
pany of a franchise which is regarded
as worth more to the Illinois Central
than the entire cost of electrification.
It is said to be the key to Northern
Indiana. It Is a perfect Illustration of
the Harriman policy of establishing
short feeders into rich territory.
VANCOUVER, Wash., Oct. 21. (Spe
cial.) The body of Gus Nagle. who was
killed in a lodging camp of the Twin
Falls Logging Company, near Tacolt, will
be brought to Vancouver tomorrow
morning for burial. He was working
near a donkey engine when the cabl
used In hauling the logs broke and struck
him. killing him Instantly. He leaves a
widow and one brother, Will Nagle, both
of whom live in Vancouver.
C'uKhman to Speak at Kalama.
K A LAMA, "Wash., Oct. 2a. (Special.)
A ' Republican rally will be held in the
opera-house here Thursday evening. Oc
tober 22, when Congressman F. U. Cush
man will speak. The Kalama City Band
will furnish music and songs will be
rendered by the Glee Club.
COFFEE
Water is better and
cheaper than poor coffee.
Tom- arour nim row arnar H ro eoa't
Mk Srhilliir'i Btt: we par him. J
Made
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The identical Styles of
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ill Morrison St., Opp. Postoffice.
im io5.o