Morning Oregonian. (Portland, Or.) 1861-1937, December 19, 1908, Image 7

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Morning Oregonian., December 19, 1908, Page 7, Image 7

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Newspaper Page TextTJTE 3I0RXTXG- OREGOMAN, SATURDAY, 1JKCK31BEK 19,. 10Q9. GARY TESTIFIES ON STEEL TIFF Admits Independents Maintain Prices Lest Trust Exter minate Them. IS ADVOCATE OF PUBLICITY Would Prevent Manufacturers From therein T'nfalr Prices Enor mous Total of rronts 'W illing to Glre Detailed Figures. FTNANCF OF STF-M. TRTST. In i wtjjif ut. Prfrrl tolc ....... -t Common stock ........ Pnf . ..... ......... BomU. subjldisry com panies . ......-- sw.:si.i' r,r4..in2,sno HSO.lKO.nOO 12.V340.000 Total capita lnvfted.tl.474.138.O0 Total lntrrt paifl 1.7 ll.ooo Total dividend. paJd...S 22.M.o F.irplua "7.MS.01K Paid tor CM! ruction... 163,094,000 WASHINGTON', Doe. IS. The most dif ficult problem presenting ltsrlf to the 1 louse ways anil means committee In connection with Its work of revising the tariff 1 that of determining equitable rates of duty for the. steel schedule. The published Tiews of Andrew Carnegie with regard to the steel industry and the tariff, and the testimony given by Charles M. Schwab and other steel mag-na-tea have not given the committee suf ficient information as to the actual con ditions which would result from a re duction of the tariff, nor have they of fered any data which would indicate what rate of duty would protect Ameri can labor and the small independent ateel companies aa well as the larger plant. E. H. Gary, chairman of the board of directors of the Vnited States Steel Cor poration, waa the first witness before the committee today. He was suhpenaed and several members hope to get from him information which they believe necessary to determine the proper tariff inn steel. Judge Gary said: Limit Price by Publicity. "No railroad that Is able to ray J6 a ton for raila has gone with ' Ahem be cause they cost CS. I think fills question should be approached from a different standpoint. I don't think a manufac turer on account of the tariff or any toody else should ret more than a fair return on his Investment. If he does not charge a fair price, he ought to be compelled to Sell for leas." Mr. Clark Inquired how Judge Gary proposed to prevent the manufacturers from charging a price that gave them more than a fair return on their Invest ment. "By publicity and Government control of the manufacturers.' he responded. Con for Maklnp Pig Iron. Jndge Gary earlier gave the cost of manufacturing pig iron at ll.i.30 a ton. Mr. Payne called his attention to the figures lupplled to the Bureau of Cor porations by the Steel Corporation, giv ing the cost of producing pig iron at J14.01. The witness aid these figures were for 19S to IS, while the figures he gave were for last year, when the mills r not running st full time and when the cost of everyrhlng waa higher. "The cost of ore has been increasing all the time," he said. "is it true that the United States Steel Corporation fixes the price of steel and steel produots?" asked ilr. Clark. Certainly not." How Kail Price Is Fixed. ' "Then how is it that for some years back the price of steel rails has been Z a. ton?" "The price was fixed In 1S99 at a con ference of ateel manufacturers anit with the advice of possibly a few railroad companies as to what would bo a fair price for rails. Since that time the steel manufacturers have adhered to that price and I doubt if any would change It with out notifying tiie others. They have no agreement and do not have any meet ings." "Isn't it true that you have such a con trol that, if you fixed the price, none of the independent manufacturers would iare to set a price below yours?" asked Sir. Clark. "That may be true as tar as steel rails are concerned." replied Judge Gary, but qualified his answer by say ing he did not mean that the Steel Corporation had a hold on the industry. Ihut that the independents recognized the advisability of maintaining one price. All "Would Follow Trust's Load. ".Suppose the I nited States Steel Corporation put the price up to $S0 a ton. do you think there is an Independ ent manufacturer who would not put his price up to 130 a ton because you had marked yonrs up?" "I can't say." was the reply, "ex cept that I think they would mark the prtce up." Judge Gary admitted that the hteel Corporation could drive the independ enta out of business In a competition because the 6teel Corporation can pro duce rails cheaper than the Independ ents. Judge Gary said that the Steel Cor poration could not survive In the tin plate industry without a tariff, possi bly less than the present duty on this article. Finances of Steel Trust. Representative Clark wanted to know how much profit the United States Steel Corporation Is making. Judge Garv sa d that the interest pain oiu amounted to SIS0.71 1.000: the dividends paid out. $ 262.35 4.B00: thnt a surplus of J97.S45.O0O has been accumulated, and S1C3.S94.0OO paid out for construction He said that the total profits on the capitalisation approximated 7.S per cent. The I nited Mates Steel corpora tion. according to Judge Gary. Is eapi- t fired at $30.28l.l0 In preferred stock and $508,302,500 In common stock, and the bonds amount to S4S0.199.0O0. on which the rate of Interest is a per cent- The subsidiary companies nave a total bond Issue of Sl2a.346.000. he aid. labor Cost Here and Abroad. "Representative Underwood asked Judge Gary if he agreed with Mr. Schwab, who testified that tne cosi oi laoor in a ion nf dut iron in this country and Kngland la about the same and that the Increased cost of labor In this country is due to increased efficiency and improved meth ods. "This Is probably correct in regard to pig iron, but it is not so of other steel products, he replied, "lne corporation manufactures annually ten to eleven millions of tons of pig iron and the same quanrttv of finished steel, including steel rails, structural steel, steel wire and wire products such aa naile, fence and piano wire, tubes and tinplate," the witpesa said. . "WTiat percentage of the iron produc tion is turned out by your company, oked Mr. Payne. "Last year 4X7 per cent of all. "Willing lo GlTe Figures. "Would you be adverse to our securing figures that you originally furnished to the Bureau of Corporations as confiden tial information?" aeked Mr. Payne. "I would be willing that the committee should have that data for its own Infor mation."' replied Judge Gary. Mr.- Payne said he could not promise that the newspaper men would not get hold of the figures, as the committee be lieved the public ahould have the bene fit of all Information presented to tho committee. "Well," said Judge Gary. "I will an swer in the negative; we are not averse to . the committee having those figures." SAVE LOSSES OX OPIUM Passage of Bill Is Put Off Until Money-Lenders Get Cash. WASHINGTON. Dec. IS. A successful effort haa been aeemingly made to pre vent large losses to bankers who have loaned money on opium In warehouses In San Francisco and other ports where opium has been imported. through the enactment of the bill recommended by the Secretary of State to prohibit the im portation of opium into this country. When the bill came up before the House committee of Interstate and for eign commerce. Representative Know land, of California, protested against its bacpmlng effective upon Its passage, and It waa referred to a. subcommittee today for amendment, so that it will become ef fective six months afler passage. CHICAGO CLUB HARD HIT IVATIOXAL LEAGUE COMMISSION CKITICISES CUBS. Pays Manner In Which Tickets Were Sold for Last World's Cliani lonship Was Bad. CINCINNATI. O., Pec. 18. The National Baseball Commission tonight handed down Its declslm in regard to the sale of tickets and scalping during the world's championship series In Chicago. In Its report the Commission says: Severe Criticism for Chicago. 'From the finding of facts aa shown. we are of the opinion that the Chicago club Is deserving of the severest criti cism and censure for the manner in which they handled the sale of the tick ets during the last world's series, and that they must be held responsible for the great annoyance they caused many pat rons of the g.-.me In Chicago, and that the complaints filed with the Commis sion by the Chicago public were Justified and warranted. "As we have already stated, thure was no direct charge made or proof offered that anyone connected with the Chicago club aa an employe was in collusion with the scalpers, yot, at the same time we call Mr. MurpliyVs particular attention to finding No. 10 regarding sales to scalp ers, and request that he make a further examination of this particular feature of the caso to ascertain. If possible, just in what manner these tickets were secured by these persons. Want Ordinances Passed. Tvr tuiiAi-A ill a a vrv hard mat ter to prevent tickets during these aeries reaching the nanus or scalpers, even without collusion on the part of anyone connected with tho winning clubs, unless the city authorities pass proper laws and ordinances to prevent scaipmn ui v" -us BJ1U lor 1 1 1 i , c . omnends that an effort be made by every major leasue ciuo io secure ure ii-.-rwi j legislation In their respective cities for this purpose. "The Commission announces that here after all the tickets for all the games during the entire series will be handled by them, and that an attempt will be made to adopt rules with reference to their sale to prevent not only sucn iicKeia reaching the hands of scalpers, if pos - tha roneral nubile everv opportunity to get them quickly at several points and at prices' not in excess of those fixed by tne commission. SOCCER DISPUTE IS SETTLED Only Two Players May Be Received on Any Team by Transfer. At an important meeting of the Port land Football Association (soccer) laft night, the rule regarding transfer of players was amended to read that no team could receive more than two players during the City League season by trans fer. Markay. halfback on the Rangers, was transferred to the Columbias, while Forbes and Lowe, of the Columbias, were transferred to the Rangers. Doug las, of the Rangers, transferred to the O. R. & N..' Jack Hughes was appointed referee for the big Christmas afternoon game on Multnomah Field between Mult nomah and the Portland Cricketers. There was a full attendance of dele gates. The City League game on the baseball grounds this afternoon will be between Multnomah and the O. R. & N. Mult nomah's eleven will be the usual first team with Gammle playing outside left in Hanson's place and Hanson, who has n wrenched knee, in goal. The O. R- & N. will play Karr. Doupe. Douglas, True, Hughes. Hlngley, Markworth, Seely, Wal ters. Kendall and Wilson. 'Dallas 57; Eilensburg 3. ELLENSBIF.G, Wash., Dec. 18. (Special.) The Oregona still win. They defeated the Ellensburg team tonight by rolling up a score of 57 to 3. the game being free from roughness throughout. Score by halves: First, for Oregon. Fenton threw 6 goals. Reed S, Shaw 3: for Eilensburg. Chap man 1. Reed threw 2 fouls: Chapman 1. Second half Fenton 4, Reed 3, Shaw 1. Morton 1. C. Shaw 1: Reed threw 5 fouls. Eilensburg failed to score in the last half. BILLIARDS jAND POOL. The "Waldorf. 7th and Washington. Goble Murder Suspects In Jail. ST. HELENS. Or.. Dec. 18. (Spe cial.) A young man named Nelaon and Mrs. Zeigler are under arrest here in connection with the murder of Robert Livingstone at Goble last Thursday night. Mrs. Zelgler. who has for sev eral years ostensibly conducted a lodging-house at this place, has. It .Is al leged, been arrested under the charge of selling liquor without a license. Mrs. Zeigler Is about SO years old. Nel aon is 18. Tho finding of a bloody shirt in Nel son's room, together with several arti cles supposed to belong to Livingstone, including a pipe, establishes the evi dence upon which .the accusation is based. Fitted -bags and cases, Harris Trunk Co. TUFT WILL VISIT L GANA ANNUALLY Tells Enthusiastic Georgians of Plans for Watching Panama Developments. RECEIVES GREAT OVATION Citizen of Augusta Turn Out in ' Great Numbers to Ilonor Next President Mrs. Taft Is Also Cheered. AUGUSTA, Ga.. Dec. 18. The arrival of President-elect Taft In Auanista today caused much Joyous excitement and demonstration by the residents. He was received with cordial Southern' hospi tality. In discussing his forthcoming visit to Panama Mr. Taft made it plain that it was his purpose to keeu himself posted throughout his Administration regarding the engineering features of the work on the Isthmus, as well as the administra tive features. ' It is his Intention to visit Panama each year of his term. The problem that will receive the greatest consideration during his trip relates to the engineering features of the Gatun dam. Xew Orleans Sends Invitation. An invitation came to Mr. Taft from President Philip Warlcln. of New Or leans Progressive Union, to return from Panama at that port. Savannah also has come forward with a bid for a visit. A splendid welcome was extended to Mr. Taft on his arrival. The big train shed was crowded with people. Taft ap peared on the car platform. An official welcome was extended him by fi large committee, headed by President L. C. Hain, of the Chamber of Commerce. Mrs. Taft Cheered. Mrs. Taft was also cheered by the crowd which surged around the party on Its way through the station to the automobile cf Mr. and Mrs. Landon A. Thomas, whose house guests the Tafts will be until Monday, when they will oc cupv the Terrett cottage. The Thomas home la near the Bon Air Hotel, three miles from the city, and the Terrett cottage is adjacent to the hotel. As the automobile moved away, a com pany of Georgia's mounted militia fell in behind aa an escort of honor. Mr. Taft acknowledged the demonstra tion both at the station and as ho was driven through the city by raising his hat and making a plentiful distribution of the "Taft smile." The trip from New York, which R-as begun yesterday morning early and In terrupted at Washington for luncheon and a conference at the White House, ended with no further Incident. Mrs. Taft Joined the train last night at Dan ville. Va. Robert and Charley Taft, tne two sons of Mr. and Mrs. Taft, are with them, and Miss Helen, the daughter, will arrive at the end of this week. Judge E. F. Eve. who has returned here from Washington, made the an nouncement that President Rooaevelt had promised he would visit Augusta during the stay of Mr. Tsft. Vancouver Plans $35,000 City Hall. VANCOUVER, Wash.. Dec. 18. (Spe cial.) Realising that the city govern ment needs more office room the City Council will be asked to erect a new City Hall. The plan la to bond tho city to provide a City Hall large enough to ac commodate the city ofitcers. police sta tion, fire department and City Jail. It has been Toughly estimated that thai will cost between ISO.ono and 1.T3.00O. E FLEET COLOMBO BUSIXESS MEN GIVE BANQUET FOU OFFICERS. Occasion One for Hciprocation of Friendly Sentiments . Between Hosts and Guests. COLOMBO, Coylon, Dec. 18. The Chamber of Commerce and the Plant ers' Association tonight gave a ban quet in honor of the officers of the United States fleet. Sir Henry Edward McCaJ'.um, Governor of Ceylon, in a speech said It haa been the good for tune of Ceylon to accord a warm wel come to the fleet and that its presence would be instrumental in the continu ance of peace. The prosperity of Australia, Hong kong and the Straits Settlement ' was due, he said, to the crown colony gov ernment, and America would have adopted the system In the Philippines Do justice to your f ace bring it here where you get the right crown to embellish your classic features. Our stock of Winter Hats covers the whole range of style anoV we want to cover your head with a "Beaver Hat," $3 None better for an ac ceptable Xmas gift. Hat or Merchandise Orders issued. Selec tion can be made at any time. : CLOTHIERS 166-170 Third Street. hflrf lt conntitution nermitted. Gov- 1 I ,.m .rsia.ll tha ATPIlinlflrV behavior of the American crows ashore. The chairman of the Chamber orcom- .. .. ri Pr..nt Rnnvpv.lt doubt less had maiy objects in view when he ordered the battleship neet arouna me world, and he trusted mat in moi ..lnr nf thpsA would rjrove to be the consolidation of friendliness between na tions. Rear-Admlral Gperry said that in trav eling in the King's domains he had been. lv hv the solidarity of the commercial, political .and economic situation. There was no position poiwioie for the United States in a war where r.w.i HHfnln was involved, the Admiral declared, except that of benevolent neu trality.. In the presentation or is. pounas oi tn til. nfflpprn snd men of the fleet. the chairman of the Planters' Associa tion expressed his profound admiration for the unparalleled achievement of marshalling the American fleet In a stately procession from sea to sea. Th. r...inn ninnrar. be declared, in priding themselves on their independ ence, acknowledged that their prosperity was attributable to free institutions. They especially sympatnizea wirn ino American Nation and appreciated the ab- tr-nm its tariff of a duty on tea. and also the new pure food law, which was aiding the consumption of Ceylon tea. Admiration, sympathy and grati tude, the speaker said in conclusion, prompted the gift of tea. Rear Admiral gperry, in ien;ius. that unity of Interest and Ideas was a hnnn of oeace than any treaty. The development of Great Brit ain s colonies meant, a Mirunjir i the union of trade between the United States and Great Britain. He added that the security of American influence In the Cevlon trade was due to the vig orous work of President Roosevelt for good legislation. ANNOUNCEMENTS. Thompson's eye glasses give the best results. Klght years in Portland; two rears in the leading colleges and hos pitals of Burope. 2U floor Corbett bldg. Expert eye examination free. Glasses .A ,.m n. llpnrsn Ttiibensteln. an. tlqlan, 1S9 3d St., opposite Baker Theater." F E. Beach & Co., Pioneer Paint Co., 135 First St. Phones Main 1334, A 1334. D. Chambers & Son, opticians. 321 Morrison, cor. Sixth, are the best. Completing Handball Courts. At the Christian Brothers' Business College two handball courts are being completed at a cost of SHOO. These courts are of the regulation siie, having con crete floors and walls. Students attend ing the college use the courts freely and they are an important part of the college. Old Coughs Keep in close touch with your family doctor. No medicine Was ever made that could take his place. Trust him at all times. Avers Cherry Pectoral REVISED FORMULA ilVjVJBjBjBjBjBjBjBjBjBjBafjiaVJsVJsVJstJiM MlsTsaisMBlHllBBllMliallBly Old coughs, desperate coughs, rasping coughs, extremely perilous coughs, coughs that shake the whole body. It takes a strong medicine, a doctor's medicine, to master such coughs. A great many people rely on Ayer's Cherry Pectoral. We hate no secrets I We publish the formulas of all our medicines. . C. AYER CO.. Mannfiictiiripg Chemists, Lowell, Mail. Splodiid Gnf t Selections Cam Be Made Frooi the Leather Forentare To choose a piece of this character means that you are selecting a -gift that will be doubly appreciated. To our showing of furniture, upholstered in leather we recently added many new designs in Davenports, Couches, Arm Chairs and Rockers. Particularly strong at this time is our line of the popular Turkish Rockers. The trustworthy, workmanship and con struction -of these pieces is unexcelled the leather is of the sterling quality. Variety of designs and wide range of attractive prices will enable a pleasing selec tion to be made. Sale of Sample Couches Ends Today The most attractive Couch values we have, ever offered priced much less than regular witn tne mieimuii ut i woms m..?v. ""t "- i Golden oa Box Couch, special $23.50 Golden oak Box Couch special 27.50 Mahogany Couch, special pW. to Golden oak Couch, special .....$23.7o Golden oak Couch, special 32.50 Golden oak Couch. $24.75 Mahogany Couch, special ..$34.50 12 &3S?7g An exceptionally well-selected line of designs that compare favorably with many of the higher grade piecesljaSes Well built up and well arranged showing selected quarter-sawed oak stock and polished finish. The Buffet illustrated here is one of the designs selected from our line. It has fancy glass doors, French bevel mirror, and the trimmings are of cast brass. This design is priced at $29.00. Others in the medium grade at $22.50, $26.00, $28.00, $33.00 and $39.00. fPIlilii tffPBSPP ill SEWING MACHINES TULL & GIBBS in the COMPLETE Basement HOUSEFURNISHERS SILVERWARE and CROCKERY In the Basement GUIBUEH.TO MEETHEWFOE MCIrXOMAH AT CATHOLICS TO HAVE INITIAL CONTEST. Hope Expressed That Event May Become Annual Affair With Local Sports. i, vi.m thl. flflprnoon will be the sceue of one of the liveliest football struKSif-B n the Catholic Yound Men's Club, of Al bina, and the Multnomah Amateur Ath lptlc Club , are scheduled to meet In their first annual contest. Both teams claim superiority, though, on account of their experience and past perform ances, the Multnomah players are the However, as the Catholic Club Is a new organization just branching out In athletic sports, they are given consid erable credit for their gameness. This they have demonstrated on several oc- casions, and hope to make eucIi a show ing against Multnomah that they will be In line for a game with the winged "M" team each year. Should the club come up to expectations, there promises to be a repetition of the old-time rivalry-evinced in the games between the now defunct Potrland Athletic Club and the Multnomah organisation. Such an interest is something sadly needed locally, for at present the splen did Multnomah institution has practi cally no antagonist within the confines of this city: and if the Catholic Club proves worthy of being a competitor, there is no reason why this game should not prove one of the most at tractive annual struggles between the two Institutions. The new organiza tion possesses a number of splendid plavers, some of whom have proven stars in their college days, just as have the men under the guidance of Captain stott- , Only one defeat .-.as been registered against Multnomah so far this season, which. b: the way. was the victory of the University of Oregon: and on that account the clubmen are anxious to have a clean slate for the balance of the season. The Catholics are expected to give Multnomah a hard battle, de unite this record, andtpome football ex- perts are urging th. clubmen to use renewed efforts to decide the game as soon as possible. Multnomah's only remaining game of the season will be with the Whitworth College team, of Tacoma. which has consented to come here for New Tear's day. The Catholics have a game sched uled with the Chemawa Indians for Saturday, December -fi. which contest will be played on Multnomah Field. The teams will line up at 3 o'clock sharp In the following manner: Multromah. Tosl tlwn. C. T. M l Smith L. K K rTltl y Walker .. I.'nnaat I'arlr'in Mi-Micken, R. I. T I. G C . Mi'Ciure K G I fflader tl T I.... ;.'!!xaniler. Rccd.U K I.... Stott (Capt.) Q Slaker R 11 1.... Pilklnifton L H R. .. Knudn. Jamie ..F Qiilnlan Mnrtln, 0'N::1 Klump rhinber . Fan-, Cairo:; 7apdr OrcnK-y 'ilanni KatcH (Cart. .. Cook, Hall OVERCOAT DAYS, SURELY The crisp, cold weather just now hrinss overcoat needs to mind vcit forcibly. Supply that need here at a savins of a fourth. $15 sorts are J11.25. SIS sorts are J13.50, $20 sorts are $15. $-'5 sorts are $18.7.'). $30 sorts are $J2.50. Browns ville Woolen Mills Store. Third and MarK. kKy sail sst Special Christmas Offer to Sunset Subscribers Only MAKE A PRESENT WORTH WHILE AND PAY FOR IT ONLY 10 Cents a Day EDITION of the NEW Americanized Encyclopedia Fifteen Massive Volumes. 10,000 Double Column P.fes. 100 Superb Map.. Hundreds of Illustrations and Colored Plates. Bound in Half Morocco. ' HALF PRICE $39.00 Buys this Regular $75.00 Set and Two Years' Subscription to SUNSET MAGAZINE Thm Book Bargain af tha Cantary, tnbmittad mmination, then, on acceptance am 10c dy pays for thai book.. . .. u' k .. V... K IWI ia ahls) MrtlUUd off its snbribrB for limit tim. Uen intwer.b TOT IwO JWt J cnbora on ra kbir subscriptions tor two T-r. Such an opportunity will not occur again FILL IN COUPON AND MAIL TO 4. SUNSET LIBRARY CLUB 948 rLOOD BUILDING SAN rRANCISCO 1 year a wnonin ' Q mtka this nn- S Ws B 2&3a WWZ. 1