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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Dec. 8, 1908)
THE MORNING OREGONIAN, TUESDAY, DECEMBER 8, 1903. Z BIG PROFITS MADE By STANDARD OIL Continental Company ' Earns 115 Per Cent on Cap ital Slock. ARCHBOLD EXPLAINS IT Indiana Pajs $55,000,000 on $1,000,000 Capital ill Klglit Years Tilford Denies Pricc- Cntting to Kill Competition. NBW YORK. I)cc. '.Figures ohowinK of tlift prutits ofhe Standard Oil Onmpany today became part of the court record in th Federal suit to dissolve the Standard, when John D. Archbold re sumed the stand for a brief examina tion, and Henry Tilford. president of the Standard Oil Company of-California, tes tified at some length as a witness for the defense. The Government inquisitor, on figures submitted, showed that the Continental "ompany. a Standard subsidiary in the ailddle Ve.T. made profits of 115 per cent on its capitalization of WXC and that tne Standard Oil Company of Indiana, on a capitalization of IU'.XO earned 156. ono.Ouu between and ir)6. Counsel for the company declared the actual assets of the company were greater than the capitalization, as the companies had turned back large sums from earnings. Only Meet Rivals' Cuts. Counsel for the Government sought to prove by Mr. Tilford that in California und other Western States the Standard jiad made contracts with competitors whereby it obtained all the oil supply. Referring to oil trade rate-cutting In Colo rado and elsewhere. Mr. Tilford said the Standard never cut prices to undersell its competitors, but lowered rates to meet the -reductions of Its rivals. Mr. Tilfords examination likely will concluded tomorrow and either Mr. Rockefeller or I'rank S. Moffett will be cnHed. TI19 Standard entered the lubricating business extensively in 1878. said the wit ness. Practically all the acquisitions of the Standard from 1S75 to 1883 were made by cash, which came from the treasuries t the Standard and its subsidiary com panies. Mr. Archbold said that the establish ment of marketing stations to compete with the rivals of the Standard natur ally forced fTie small dealers and jobbers gradually from the field. learnings of Indiana Company. A brief cross-examination of Mr. Arch bold by .Mr. Kellogg. Government coun sel, followed. Mr. Kellogg asked If the 6;amlard Oil Company of Indiana, had not made net earnings of $56,000,000 be-in-eon tlie years 1SS9 and 1906 on 11,000.000 t'apitalizat ion. Mr. Archbold said there had been many million dollars invested fh the company, which was only nominally capitalized. Counsel for the defense said that It had been found impossible to get the J,ondon books of -the . Aajrlo-Amerlcan Company, but that efforts would be made to pet a transcript of the James Mc Donald account of J2.7O0.O0O. Mr. Arch bold was then excused. Policy Reduces Price. Henry M. Tilford. president of the Standard OH Company of California, was the next witness called by the defense. Mr. Tilford appeared last Fall as a wit ness In the-" hearings under Government fri!pena. Much of his testimony this afternoon carried him over the same line of evidence previously given. He said that In the Kar Western territory 87 mar ket stations were established by the standard Oil Company of California and In the Rocky Mountain regions the Con tinental Oil Company, a Standard sub sidiary, had established 138 marketing stations. The effect of the establishment of these marketing stations was to re duce prices to the consumer. Rulnes on Pacific Coast. Mr. Tilford said the Standard paid out I7M.O0O for the Pacific Coast Oil Com pany which is succeeded by the Stand ard. The Pacific Coast Oil Company had a capacity of i barrels of oil a day at Its refinery in Alameda County. Cali fornia, and the Standard built a refinery In Richmond. Cal.. which has a daily capacity of 2S.O0O to 30.000 barrels. The production of crude oil had developed In California from 3.42S.330 barrels In 1900 to 40.Qtt.io barrels in 1907. Mr. Tilford told of the difficulties of refining California crude oil, which had been eliminated Ty Standard methods. The -net assets of the Standard of Cali fornia, said Mr. Tilford, in 1906 were CONGRESS OPENS SESSION (Continued From First Page.) occurred by death or resignation since the last session. Among them was John P. Swasey, Republican successor to Charles E. Llttlefield, who resigned during the iast session from the Second Maine district. Before consenting to the swearing: In Otto G. Foelker (Republican), the new member from the Third district of New York. Chcmp Clark requested an explanation of why : his credentials were not before '.he House. The ex planation was satisfactory and the oath was administered. By unanimous consent, Sir. Payne se rured the adoption of a resolution au thorizing the committee on ways and means. In Its investigation for the pur pose of preparing a bill to revise the prestnt tariff laws, to subpena and ex amine witnesses under oath and to send for necessary records, papers and other to Notify President. The Speaker appointed a committee to Join a similar committee of the Senate to notify the President that the respective houses T'ere in session and prepared to transact the public busi ness. Resolutions were adopted expressive of regret at the death of Representa tives Dunwell of New York, Powers of Maine. Parker of South Dakota, and Wiley of Alabama and Senator Allison of Iowa, and as a further mark of re spect, the House at 1:03 P. M. ad journed. ESTIMATES FOR YEAR 1910 Departments Require $824,408,- 4 8 Xeeds of North west. 'WASHINGTON'. Dec. 7. The Secre tary of the Treasury today transmitted to Congress the book of estimates of appropriations required for the fiscal year ending June SO. 1910. The following shows. y departments, the estimates for the fiscal year 1910 and (ho appropriations for 4he fiscal year 1909, the latter Including the deficiency, miscellaneous and permanent annual ap propriations: ApVroprl EitlmitH atlons Objects - for 1810. for Legislative 1 13.178.17S l? Executive 415,510 40'5I,2 State Department .. 4.S20.3K5 4.413.JOT Treasury Dept 10O.84a.845 235.000.67o War Department ... 331.09S.1.10 lHa.S2H.116 Navy Department .. 137.510.88 133.180.4Ol Interior Department 200.o32.lol 212.J90.i45 Postoffice Dept. ... 1.711.040 '3,'1-7!i Dept. Agriculture . 1S.S17.&JU 15..88.243 Dept. Coin.. Labor! 13.04H.MS 11.J44.105 Dept. Justice 9.8HO.02O 10.8U3.0S7 Totals IS-4.408.D4S 1SS2.629.393 The estimates for 1910 exceed the esti mates for 1909 by $57,900,676. The estimates Include the following Items for the Pacific Northwest. Completion of Albany building, $50,000: completion of Eugene building. $20,000; completion of Jji Grande building, $45,000; completion of Pendleton building. $48,000; Columbia River quarantine station cabin and passenger barracks, $15,000; steerage passengers barracks. $10,000; Vancouver Barracks, two double barracks. $114,000; one field artillery barracks, $42,000; im provements at Fort Stevens, $21,000; pur chase of target range, Vancouver Bar racks. $11.K00; mouth of the Columbia River, $4;.000; Celiio Canal. $1,164,000 All other recommendations for river and harbor appropriations are renewed, and for Crater Lake Park $21,745 la asked. SADXESS COVERS SENATE Holds Short Session .and Adjourns in Respect to Allison. "WASHINGTON. Dec. 7. There war a pall of sadness over the Senate when It convened for the second session of the 60th Congress, which was due to the absence of the late Senator William B. Allison, of Iowa, who died last August, after a service of more than 35 years in that body. The assemblage was a brilliant one. Eighty-two of the members were present and the galleries were filled with rep resentatives of the official and social life of the capital. Besides the wives and daughters of Senators who formed a large company In the private gallery, James Bryce the British ambassador to the United States; Tong Shoa Yi, special envoy of the Chinese Empire; Prince Tsal Fu and others of his suite occupied seats In the reservation set aside for the diplomatic corps. The procedure In the opening of the new session was simple and dignified, following a long established precedent. Vice-President Fairbanks called the Senate to order and Rev. Edward Everett Hale opened the session with prayer. Senators Aldrlch. Galllnger and Teller were appointed, in pursuance of a reso lutions expressing the profound sorrow of the Senate over his bereavement were adopted. As a further mark of respect to his memory the Senate, after a ses sion lasting but 15 minutes, adjourned for the day. Senator-elect Cummins of Iowa will take the oath of office tomorrow. CHEAPER RATES FAVORED REDUCTION OF INTERNATIONAL TELEGRAPH TOLLS URGED. Conference of Postmaster-Generals Suggested In Effort to Bring About Chang' of Schedules. LONDON. Deo. 5. (Special.) Mr. Hen nlker Heaton's proposal for cheapening the rates of international telegraphic communication is meeting 'with strong support. In the Times numbers of ex tracts have been given from the letters of various public men which should go far towards convincing the Postmaster General of the state of popular feeling on the matter. As Mr. Heaton suggests, the first step must be to call a confer ence of Postmaster-Generals and there Is really no reason why such a confer ence should be delayed. In Australia a business man can telegraph three or four thousand miles In any direction for a penny a word; In India the rate Is only a halfpenny per word. In the far vaster area of the British Empire the merchant must either pay huge tariffs, amounting up to $1.75 a word, or. If he be not wealthy, must wait weeks or months for replies to his letters, while the private persons does not cable at all. This is one of the stupid anomalies for which British officialdom has an unenviable reputation. The one deprecatory note has been sounded by the Duke of North umberland, who Is of opinion that the facilities for communication are quite numerous enough, and that the multipli cation of them will only add to the worry and wear and tear of life. "These things." he says, "only add to the great evil of the present day namely, that there Is no time for reflection." If "re flection"' is the sole and only attribute of the? human species, as has been said by a philosopher, this Is Indeed a most serious question. SEES RAINBOW OF PROMISE French Economic Authority Fore sees Return of Prosperity. PARIS. Dec 5. (Special.) The eco nomic crisis which first began in the Vnited States, and which is affecting France in common with other coun tries. Is Interestingly discussed by M. Clementel, a former Minister of the Colonies, and now reporter of the Budget of Commerce. France, M. Clementel points out, was able to face the storm from America because she was not surcharged with foreign emissions from 1900 to 1907, and because this period of large in dustrial enterprises absorbed consider able capital. He expresses the view that the worst of the crisis is over, and that, so far as France is concerned, it is disappearing. While unexpected incidents upset the best calculations. M. Clementel Is of the opinion that the results of Industrial and commer cial enterprises, though bad In 1908, will be better In 1909, and will be fa vorable in 1910. "We are alii! In the storm," he adds, "but the rainbow appears In the sky, and there Is promise of better times." The reporter Indicates what he con siders to be the duty of French manu facturers and traders. He lays stress on individual initiative, a spirit of en terprise and the application of civic courage to business. Every day the struggle becomes keener and therefore he suggests that traders and manufac turers should be ready to seize on new methods for distributing their products. WOMEN FIGHT FOR VOTES (Continued From First Page.) by their Judgment and their experience at the center of things? "Whatever woman's weaknesses may be. and they are many, they are not such as render American politics venal, office holders coarse and polling places vulgar. Drunken politics Is necessarily corrupt politics. Take the carousings out of our political campaigns, move our political council chambers and committee-rooms from the nasty baok rooms of the sa loons and you will purtfy politics." Buy Glove Certificates Let Recipient Choose Her Own Size and Shade Merchandise Certificates Can Be Secured for Any Amount-Shop Early Richest Furs As a Christmas gift for the lady you favor with your choicest presents, select cozy, luxurious Furs to please her well and gratify her taste for the beautiful. Finest grades are low-priced here. Olds, Wortman & King Ready with Best Assortments and Lowest Prices Goods Bought for Christmas Stored Free and Delivered When You WishThe Store That Never Disappoints O. W. & K's. Silver and Hand-Painted China Shop Early Your best gift to the workers behind the counter and on our de livery wagons will be to do your Christmas shop ping early. Come now and avoid the rush of the llth-hour shoppers. In addition to the stirring specials on these two lines, as itemized below, we offer splendid specials on many other articles in our Third Floor Silver and China shop. We are exclusive agents for the famous "LIBBEY" Cut Glass. See the immense assortment of Fire Sets and Andirons, Electric and Gas Reading Lamps, Statuary, etc., etc. Special reductions on our artistic hand-painted China and Silver ware that will solye the problem of what you give for many a per plexed shopper. Hand-Painted China Plates Reg ular $1.65 values, at the CI OR special low price f only.O I $2.00 values, sale price. . . .$1.55 $4.00 values, sale price $3.10 $35.00 values, special ...$27.50 HAND-PAINTED CHINA CUPS AND SAUCERS 00 QH Regularly $3.75 each, at low price of only QjLidU $5.00 values, sale price $3.95 $7.50 values, sale price $5.85 SUGARS AND CREAMERS $6.50 values, very special fC 0C at the exceptionally low price of only ..$vtiv Tea Pots, $5 vals., special $3.95 Coffee Pots, $10 vals $8.25 Jugs, $11.00 vals., special $8.65 Comb and Brush Trays M in Worth $9.00, for . . . . Q 1 1 1 U Handled Baskets $2.75 values, for low price, only Spoon Trays Worth CO Cfl $4.50, at the special price. OOiwU Many other splendid bar gains in articles too numer ous to mention. .52.15 ARTISTIC SILVER PLATED WARE In Tea .Sets, Sugar and Creamers, Bread Trays, Sandwich Trays, Jewel Boxes, Bakers, Bottle-Holders, Shav ing Sets and Mugs, Smoking Sets, Ash Trays, Cigar Jars, at special redueed prices. $1.75 Bread Trays $1.35 $4.25 Comports. . .$3.30 $3.75 Bread Trays $2.90 $2.25 Crumb Tr 'ys $1.75 $5.95 Cake Stands $4.55 $1.50 Bonbons .... $1.15 Four-piece Tea Sets Sugar, creamer, spooner and pofcy-regularly worth $6.50; sPeCClC cial at only uui I U 4-piece Sets. $8.00 val. $6.25 3-piece Sets, $9.25 val. $7.27 Four-piece Sets, $20.00 value, for low price of only. . . .$15.50 Covered Pudding Dishes, $4.50 value .$3.50 Coffee Sets, 4 pieces, regularly worth $16.00; special Q1Q Ell at the exceptionally low price of only, per set OIiuU Double Coat Sale The- marvelous values brought tremendous crowds yesterday, and the same superb specials are repeated for today's thrifty shoppers. Come early and choose quickly. A splendid assortment of sizes and styles yet remains, and the best Coat values of the year are to be had at Portland's best style store right now. LOT 1 Two hundred Coats in the very smartest styles ancTbest materials. They come in blacks, plain colors or mixtures; made in rich, plain ef fects or very tastefully trimmed; all )A OA sizes; $32.50 to $38.50 values, only p4TQ ILLUSTRATION ON RIGHT SHOWS ONE . QF MODELS SKETCHED FROM LIFE LOT 2 One hundred and twenty Women's Coats in graceful long models; half-fitting Newmarkets, Empire effects or Paddock styles; splen- q y did materials; valtiesto$16.50, choice pO i O Imported Jewelry Rarely beautiful and original designs in Parisian jewelry novelties; chosen by our own skilled buyers not selected at random by a resident European buyer, who had the wants of hundreds of stores to cater to, but chosen with much pains and fore thought especially for the more discriminating of the Portland public. For distinctive and different novelties, showing the highest skill of the artistic designer, for rich effects selected by a Portland buyer who knew the tastes of Portland peopje, see our magnificent assortment of direct importations at the jewelry counter. MEN'S AND WOMEN'S SLIPPERS No one article of merchandise in our entire stock receives more attention at Christmas time than our magnificent assortment of Slippers for men and women. Men's Slippers In endless Women's Slippers In felt or assortment of styles; Oil nn leather, for home or priced at 69c to OnriUU party wear; 98c to. S2.0Q Children's Hose Absolutely fast black in medium or "Winter weight the k ind that give sturdy wear; decidedly suitable for Christ- q.. mas gifts; per pair. Zuu Round Garters "Women's Round Garters of silk elastic, with fancy bows and sterling silver buckles in fancy or holi day boxe3; worth to $1.00 the pair, at the spe- A On cial, only, per pair.TOu Hand kerchiefs Stop at our Handkerchief Department and view the immense assortment we have provided from which you may choose to supply your holiday needs. For your own use or for an ap propriate gift, lowest prices. Opera Glasses 20 per cent reduction on our entire stock of Opera Glasses for. this week's selling, including genuine Le Maire, Colmonts, :Mar shands, Lavilles, Iris and Lefils; regular prices from $2.75 to $25.00, at ONE FIFTH LESS. Fans Half Price Fine imported and hand painted Fans in remark able fashion just in time for Christmas selling . Regular prices are $10.00 to $25.00 each; i-fIf get them for. ... All -Aboard for Santa's Land! Only a little over two weeks and bright eyes will be watching eagerly, ears listening, for the coming of Santa Claus, - 1 J tAvo onrl I TM-nCTTYin J5 T.rllTl ITS TDr T.riK KMlitU. lUlbS Ul iViuauu, m. a,x yj vijom. aiuvus .luuiao in jvui "viuv. w idueu wibii iiujo uu w.-". a , , - - think not, and Portland s oesi-assorxea toy swjck. is yum uxopuoaj. iu vw0 specials will help you decide. T I nL Contain 20 tools, in hardwood chest, nrcSsed Dolls fxf?isite dainty little ladies, lOOl LtieStS 8iz 13x6 incheS, regular C1 0C TesSCU UllS handsomely dressed, 14 Qr- V 1 1 WW in- long, real joimeu uuits worm ipx.to eacn, ai omy . www price $1.85 each ; special at low price of only, each. Toy Trunks 48c For dolly's clothing; size 13 hy 7V2 inches; sell regularly Toy Furniture Sets of four or five pieces, hardwood doll furniture ; made to sell at 30c the 01 n . lw Toy Chiffonier LTardwood doll's Chiffonier with four drawers, 7x9 in. ; worth 35c each, at the Ofln . Uw Dressed Dolls Nicely-dressed Dolls, 12 in. long and regularly worth 35c each; please some lit- nCn tie girl for only. ..... Zwll c to s or tin pnfn. RDeciui ad aha ii . un . .MUkl nnlv.Z b special price oi oniy I 10W price Ol OUlj , cku, ww " " " - i i KILL POSTAL BM BILL AL,1RICH AND OTHERS HAVE STJIETTOS READY. Vote In Senate Set for December 14, but Prospect of Passage Is Gloomy. WASHINGTON, Dec. 7. A thorny path cbnfronts -ae postal savings bank bill, in spite of the fact thatjts passage Is advocated In the Kepu-blican National platform. When Senafor Carter secured a epec.al order to take up this measure on December 14, It Is said, he had pledges of sufficient votes to pass the bill In the Senate. The situation seems to have changed and at present it Is doubtful whether Mr. Carter can rally anywhere near the re quired number. In fact, it is said that he will fall short a dozen votes on the Republican side. Investigations conducted abroad by members of the National Monetary Commission are largely responsible for this -change of sentiment- Several members are now on record In favor of the Government's keeping out of he , i 1 Chairman' Aldrlch uaii. i hm kiuai.i..".. is ready to take a positive stand against the passage of the bill and will have the support of a large number of the Senators because of the opposi tion of small bankers throughout the country. In view of the opposition, the pros pect Is that no vote will be obtained December 14 or on any Cay In the Im mediate future. ,If Mr. Carter should be able to bring the bill to a vote, the chance of Its passage Is considered small. Alliance Is Denied. PARIS, Dec. 7. Official denial has been given the dispatches emanating from Ber lin to the effect that France. Great Brit ain and Russia are about to conclude a formal alliance. WASHINGTON, Dec. 7. Because of the unsettled conditions at Gonaives, Haytl. the dispatchboat Dolphin, now In Central American waters, has been or dered to that place- to protect the Americans. The Best Cough Cure f A half-ounc of Virgin OU of Pine, two eunc of Glycerine and a half-pint of Whlaky, mixed, will cure any cough that Is curable and break a cold In 24 hours. Tako a teanpoonful every four hour. Ask your drusgitt for the genuine Leach's Virgin Oil of Pine compound pure, prepared and guar anteed by the Leach Chemical Co., Clncia natl, O. - ' To have a clear skin: Exercise modjerately. Hat wholesome food. Breathe fresh air. i Use Ivory Soap and clear, cool water. What the skin needs is something that will clean but will not harm it. Pure soap will do this; and Ivory Soap is pure. Ivory Soap f 994loo Per Cent. Pure. G. P. Rummelin & Sons 126 Second St, Between Wash ington and Alder . EatafcUafced 1870. Christmas Suggestions IN CHILDREN'S FURS We are showing Gray Squirrel Thibet, Krimmer, Angora, etc. MISSES' FURS Consist of White Fox, Sable Fox, Mink, Bsaver, Otter, etc. LADIES' FUR GARMENTS In handsome Sets of Sable, Ermine, Mink, Black Lynx, etc. GENTLEMEN'S FURS Auto Gloves, Caps and Robes. FUR RUGS AND ROBES Store Open Saturday Evenings. I
