Morning Oregonian. (Portland, Or.) 1861-1937, April 23, 1909, Page 7, Image 7

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    PATTEN IS SIMPLE
AND MODEST MAN
Great Wheat Dealer Reared in
Wheat Country and Knows
Secrets of Grain.
BROTHER AIDS IN DEALS
Story of Patten Career Is That of
Many Other American Men of
Business, Without Sensational
Chapters or Exciting Events.
r
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:
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1'RICKS IX PATTEN'S CAMPAIOX.
CHICAGO, April 22. (Special.)
Wheat prices, ahowinr rise and fall
of Patten's bull camp'algn:
April 22, April IB. April 22,
1909.
May. Titirh 1.24i
Way, low 1.20
July, hla-h 1.1314
July, low l.OO,
Sept.. lilnh 1.05
Sept., low 1.014
1900.
129?
118
1908.
-98 T
.88 V4
108 .84
unless his wheat trading Is to be called
nomuiing. ne eats wen ana sleeps well j
niina is always Clear.
Modest and Honest.
The "wheat king" Is little given to
talking of himself or his business any
where. He says he Is firmly of the
opinion that a man must be thoroughly
honest and above-board to win real suc
cess, that he must abide Invariably by
his promise, and deal Justly with his
fellows In business. He believes he has
the right to look every man In the face
and say he has "been on the square."
"There Is speculation in the grain busi
ness, of course," he said. "There- is -the
element of chance, and hence specula
tion. In all business. I have no present
Intention of getting out of the harness.
I like what I am doing and I have made
a. living at it ever since I began as a
grain inspector. I- believe a man who
becomes well-to-do should spend some of
his money for the good of others, but I
am also of the opinin that Indiscriminate
charity Is very unwise and harmful. It
is a pleasure to help those deserving of
and needing help."
Mrs. Patten does not care for society
as it is understood from the newspaper
columns' She is an enthusiastic member
of the Evanston Woman's Club, and Is
specially Interested in the doings and
welfare ot Northwestern University. Once
a year the Patten mansion is thrown
open for a reception to the students.
These occasions are made a "clearing"
for new acquaintances, and are counted
among the most desirable social func
tions of the school year.
The Patten story would not be com
plete without mention of George Patten,
a bachelor who is a part of the Patten
household In Evanston. George Patten is
quite as shrewd a student of grain situa
tions as his more fully-discussed brother.
He helps map out the line of action and
his counsel Is Invariably sought at crucial
times. He has rendered great service to
the present wheat deal by figuring out
means of preventing a runaway market,
and such prices as would make Chicago
the target for the wheat of the Nation.
LAWYER'S SNEERS
E
MOV
GALLAGHER
Go-Between of Grafters Dis
turbed by Assaults of Cal
houn's Counsel.
BY JONATHAN PALMER.
I IIC AGO, April 22 (Special.)-One of
tPe things contributing to the success of
-mi-, t-atten in ills recent campaign in
.Mrt.v nw is mat ne was born and
rrared in Illinois. He knows the story of
'heat from the time it is put in the
ground until it is distributed to the world
in the shape of flour. He was born in
l)e Kalb County, this state, and on
the eighth day of next month he will be
67 years old. His father, Alexander Pat
ten, was the proprietor of a general
ior in jo uaviess County, on an old.
iage roaa. ie nad a good trade and was
thrifty, but when the Burlington Railroad
came alongside his little country plant
tilings changed and he took his family
' ' miunu.ii. All.
me Doy "Jim" had his early
schooling. Later he entered Northwestern
y at n.--anston, and remained in
that institution two years. Whil
JK vane ton the lad lived at the home ot
his uncle. Governor Beverldge, who
iieipea mm on the way with his books.
After that it was the great school of
practical experience for the vouni man
Young Patten hired out to a storekeeper
' oanuwicn at a month. Out of this
he paid his board and bought his clothes.
In the year he saved a few dollars, and
mangea uis jod lor a new one worth $40
momn. 1 nis year he saved $100, an
achievement that he tells with more pride
biijt vi uis grain coups.
Becomes Grain Inspector.
In 1S74. by appointment of his uncle, he
unoi.itj a. state grain inspector and con
- " v" -J mo H t lour vnnra Tr m
while thus engaged he supplemented his
boyhood knowledge of wheat as a farm
production, with an expert knowledge of
wheat as a commercial proposition. The
Buojeci interested him so greatly that
10 Kave up a Jiooo place for one in a
Board of Trade firm that paid him 7 a
week. He had figured things out and
cast up the prospects much as he does
In his grain deals today.
Later he became associated with his
brother George, and the firm did a ship
Ting business to the Eastern trade.
Ueorge Patten became ill and the partner
ship was dissolved, James becoming sole
owner, and manager at the same time of
an elevator concern. In 1903 he joined
the firm of Bartlett. Frazter & Carrlng
ton. pomlhly the most extensive grain
commission concern In the country. Iast
duly the Arm became Bartlett & Pat
ten. ' James A. Patten Is a man of winning
personality. No one would ever look
him in the face, talk to him five minutes,
and go away with the Idea he has no
heart In his breast. He loves a market
fight and challenges the opposition of
men as strong financially as himself. To
such men he gives no quarter and asks
none. He Joined issue with Ogden
Armour and other wealthy citizens who
like to take an occasional fling at the
grain market, and annexed some $3,000,
0iy of their money in a corn deal last
Spring. He especially likes to measure
swords with Wall-street men.
Has Saved Many Wrecks.
Many a small trader, according to local
pit traditions, has appealed to "Jim"
.fatten to save him from ruin and his
cry wan hearkened to. One
. cited of a man who risked all his few
mousanas on wheat. It wan Inevh.ku
lie would lose in the ordinary course of
Kpeculatlvo proceedings. He told Patten
of his plight and recited a tale of the dis
tress that would befall his family. Pat
ten, in not over-kindly terms, called him
a fool, promptly took over his accounts
una saved the man s money for him.
me propnets who are
honored at home. Evanston has enlisted
ma services as Jlty Councilman two
terms, and twice put him in the Mayor's
chair, where he made a fine record as a
public servant. He had the capacity to
look after the city's affairs
track of the grain markets at the same
time. It was while he was Mayor that
he earned fame as a dealer in oats.
Evanston does not look upon the Patten
money as tainted. jst Spring after he
had made a killing" in corn he prom-
iiny uuiinicu tiou.uuu to Duiid a fine gym
naxium for Northwestern Universltv .
strict Methodist institution of learning
where many a young man erets his fli-ef
training for the ministry. He himself is
a Presbyterian, but he has enough pride
in his home town to wish the Methodist
university to be one of the greatest of
its kind, and he supports it liberally
as he does other worthy charitable, reli
gious and educational institutions' near
home.
Often Camps in Woods.
He believes in recreation and when the
humor strikes him he goes fishing or
hunting, or possibly traveling abroad. The
woods of Northern Wisconsin have a
fascination for him and frequently he re
sponds to this call of the wild. Of
course he owns a touring car and runa
bouts, but. for downright pleasure he
would rather get out on a favorite horse
and take a canter along the lake shore
The Patten home in Evanston is a
handsome stone pile which cost some
thing like 25O,00O. Here he has a fine
and well-selected library. Instead of
deeping In the roomy chambers of his
mansion, it Is said he prefers Winter
nd Summer to sleep In a canvas tent in
the open air where he can find mental
and physical refreshment for the tasks
of the next day. Wherever he goes he
Is good-natured, optimistic, democratic
alert and "on the Job." He belongs in
Ohlcago and Evanston to the TJniom
league. Glen View. Polo and Evanston
rlubs. He is married and is the father
of three children. .
In his office he is serenity personified.
No casual visitor there would surmise for
a second, even in the most excited
periods on the Board of Trade a half
block away, that anything unusual was
going on affecting the Patten millions.
He never drinks, dissipates or gambles
WHEAT TUMBLES RAPIDLY
(Continued from First page.)
the line and the execution of stop-loss
orders added to the confusion. Frequent
ly it was impossible to make a sale
within three-quarters of a cent of the
price designated by the customer.
Is Patten Still Buying?
The Patten vortex of other and more
bullish days. Into which the cereal might
be poured seemingly without affecting its
appetite, was not in evidence. It was a
tremendous liquidating market and Mr.
Patten might have been buying secretly
through other than his own houses. From
him there has come no word that he has
changed his views as to the value of
wheat. He called May wheat cheap at
$1.29 and. if he still thinks so. It is point
ed out that the same option at $1.21 to
day was an excellent Investment. The
same was said of July at $1.09. The
prices were about nine cents under the
high price of last Friday.
Many Fortunes Wiped Out.
While Mr. Patten, quoted as saying he
was fleeing from reporters, was making
for the ranch of his friend and partner,
W. H. Bartlett. In New Mexico, dejec
tion was pictured upon the faces of many
a small speculator haunting the tickers.
Many a fortune has been wiped out by
the decline this week, and many a man
who had a handsome profit on paper, but
still hung on for more, now confronts a
deficit. The wide publicity given the
market brought into It numerous men
who ordinarily walked in quieter paths.
Even the "regulars" for the most part
followed the bull leader with enthusiasm
and, until today, saw nothing further In
the declines but a flurry. Mr. Patten so
characterized it, and his word was ac
cepted. They held to the limit of their
resources, and today were wiped off the
speculative slate when their margins
were exhausted. They would like to have
known if Mr. Patten had left orders
secretly to make further purchases.
Believe Patten Sold Out.
In the absence of certain information.
however, Mr. Patten's departure and the
utter weakness indicated by today's de
cline gave . rise to- gloomy hints that
"Patten was well out." They went so
far as to declare that the present slump
was due to the liquidation of the big
.ratten line of wheat, rather than to im
proved crop conditions.
It Is admitted that this supposition
may be absolutely wrong. Mr. Patten's
Ire against reporters was largely due to
published references to himself as
manipulator of the market, the engineer
or a great corner of the world's staple
100a.
"It's a fact that he ran away from the
newspapers." said one of Mr. Patten's
irienas toaay. - tie wasn t running a
corner, and published statements to the
contrary wore him out. -He is looking
tor rest and intends to find it, for Mr.
Bartlett s ranch comprises some 300,000
acres, and no reporter is there."
Another Says He Holds On.
"Has he sold his wheat?"
"I doubt it. He can well afford to hold
his line, for the pinch was not exoeeted
until the shortage began really to be
felt in June and July. He expected a
high price then, and to market his wheat
when his position on the crop had been
vindicated."
Another person remarked that it began
to look like a vindication of Secretary
Wilson, whose information concerning
crops Mr. Patten recently declared to be
"the joke of the century."
The regular dally bulletin issued by
Bartlett, Patten & Co.. after the close of
the market, says:
"The real condition is unchanged.
There is no more wheat in the country
than there was before the decline. Our
confidence In higher prices is as great as
ever."
HIS TALK WITH SPRECKELS
Assured of Immunity, Knowing That
Others Had Confessed Moore
Ridicules Motives of Prosecu
tion and Is Rebuked.
SAN FRANCISCO, April 22. Picking
his way carefully between the pitfalls
of a gruelling cross-examination, James
Lt. tvallagher chief witness for the pro
secution In the trial of Patrick Calhoun,
finished the second day of his trying or
deal jkUi a circumstantial narration of
the arrangements whereby he and 16
others Supervisors of the Schmltz board
escaped punishment for accepting the
bribes paid them by Abraham Ruef. Gal
lagher displayed more emotion than has
been noted in any of the ten inquisitions
previously held and it was evident the
questions of A. A. Moore, who is con
ducting the cross-examination had
seriously disturbed his complacency.
Did Not Confess to Spreckels.
The subject of immunity, always a
topic productive of trouble, was under
discussion and Gallagher was being asked
to describe the conditions that preceded
his interview with Rudolph Spreckels. in
the Presidio military reservation, where,
as chairman of the board, he obtained
the assurance that he and his colleagues
should escape punishment.
"You surely did not go there on a
mere suggestion, with the intent to con
fess, your participation in a multiplica
tion of crimes?" asked Mr. Moore.
Knew Others Had Confessed.
"I confessed to no crime. ot thot tlmn .
replied Onllaelipr.. "1- alUn -nrl-
based on my own knowledge of the facts
ana tne disclosures made by the Super
visors who had already been trapped. I
had reason to believe that Supervisors
Lonergan and Walsh had already made
comessions and tnat Boxton had done
so or was about to confess. H. M. Owens,
Who TfTWf V J 1 O rl TY1V tt.lf
bers of the Board, told me that Boxton
was certain to be convicted of bribery
unless he made a statement.
"I went to the Presidio voluntarily, but
UnWlllinErlV " wa- annlh.. Hor.lo.-i tin.
the witness. . "I feared that they would
De convicted and they. would convict me.
but Mr. Spreckels made no such bali
statement to me."
"Why did you select the Presidio as a.
place of meeting?" asked Mr. Moone.
"Was it suggested that the reservation!
being Government property and no part
of the state, was the place to compound
a felony?"
"We did not think of that in making
the selection," was Gallagher's reply.
"You made no confession to Mr. Spreck
els?" "T made no confession.
"What crimes did Mr. Spreckels ac
cuse you of?"
"None whatever."
Sneer at Prosecution hry Moore.
"Did Mr. Spreckels tell you that he
had been engaged with W. Heney in
this civic righteousness all his life, and
that they were actuated by the love of
iiiuunipii.i purity or the love of God
it. were .' asked Mr. Moore.
At this- point Mr. Heney arose to ob
ject, saying:
"I do not think that any case of this
serious character, wherein a man is be
ing tried to establish whether or not he
is above the law. calls for buffoonery of
this character. Mr. Moore's sole pur
pose is to cast ridiculo upon these men
who felt called upon to save their city
from the corruption that every citizen
knows was rampant."
The cross-examiner was reprimanded
by . the court for propounding such, a
question and the questioning proceeded
The greater part of the day was de
voted to comparison of testimony gtven
by Gallagher on direct examination with
his statements in previous trials, inter
rupted by frequent "scraps" between
counsel Mr. Moore tried to extort from
Gallagher that he had made an explicit
offer of $4000 to Nicholas, but Gallagher
would only say that he had talked with
, Nicholas and that montl i, j 1
made of the amount Nicholas was to receive.
Friday and Saturday
Specials for Boys
r
Boys' all-wool Suits, with 2 pairs
Knicker Pants, extra well made;
$5.00 regular, special at.. $3.85
Tan Crash and White Duck Sailor
Hats, regular 50c and 65c values,
special at -39
Neckband Blouses, assorted fancy
patterns, regular 50c and 75c val
ues, special at 29
COMPLETE
HOUSE
FURNISHERS
TUILJL GIBBS
INC.
WOMEN'S. MISSES'
and CHILDREN'S
WEARING APPAREL
Afternoon Tea Served From 2:30 to 5:30 In "The Wistaria" Tea Room
166170 Third Street.
cial.) A seven-ton steam roller and rock
crusher was unloaded this week for the
city, to be used in improving the streets.
The Council for some time has had un
der consideration the idea of paving or
macadamizing the principal thorough
fares, and instead of paving have con
cluded to buy machinery and do the
work under the supervision of the street
superintendent.
DEATH LIST NOW SEVEN
Tornado That Swept Cleveland Did
Tremendous Damage.
CLEVELAND. April 22. A survey to
day of the result of Wednesday's thun
derstorm shows that the early reports
underestimated the extent of the n am n era
The revised list of dead places the num-
Der or fatalities at seven. Of these, five
in uieveianQ ana one at Ashtabula.
Scores of persons were Injured, several
of whom doubtless will die. The prop
erty damage will aggregate more than
JUOOO.OOO.
While the Weather Bureau recorded a
velocity of 66 miles an hour, the instru
ments were not in the path of the minia
ture tornado, and it is estimated that the
wind blew at a rate of at least 75 miles
ail nnur in tne patn of the storm
Wa.slh Presses
And Suimmer Boats
These in both the one-piece and
the two-piece styles embracing
variety of up-to-date style, fea
tures and original combinations
in linens, repps, cotton poplins,
percales and linon. Distinctive
ness, together with the best of
materials, prevail in our show
ing of these garments. Popular
ly priced from
sgg.es Up
Clhilldlireos
Velhicles
The '09 season's best and
most attractive models in
perambulators, carriages
and the smaller folding
vehicles. The perambula
tor, carriage and phaeton
styles are shown in both
the coach-finished wood
bodies and in the reed,
handsomely upholstered
in corduroys and leather
cloth with hoods and storm curtains to match. The
most modern and dependable features in gear and
construction. Perambulators as low as $29.75.
For fclhe
CMldreo
A complete showing of
white and colored
Dresses in sizes for chil
dren from 6 3-ears to 14
years. Those in the white
are shown in dainty
sheer materials, prettily
trimmed in laces and in
sertions.
The colored Dresses are
shown in French gin
ham, percales, repps and
linens. Colors guaran
teed absolutely fast.
Prices from $1.25 to
$10.00.
Hodges' Fiber Matbtiogs and Rogsl
The handsomest effects ever offered in these deservedly popular carpets and
rugs are to be seen in this season's line. The demand for inexpensive and
dainty rugs and carpets is fully met in the soft and harmonious blending of
colors m the "Hofi" the all-fiber floor coverings. The "Kaba" rugs and car
pets half wool and half fiber are the most durable low-priced rugs on the
market. Both qualities possess an individuality not found in the 'more costly
floor coverings. See our line of these artistic and hvgienic carpets and rugs
Sixth floor.
111 ' '"
PATTEX TIRED AND NERVOUS
"Wheat King" Goes to Colorado
Ranch to Recuperate.
TRINIDAD, Colo.. April 22 James A.
Patten, Chicago's "wheat king," who
was reported yesterday to have desert
ed the battle in the wheat pit to in
spect for himself the, wheat situation
in the Central West.- arrived in Trini
dad this morning, and left Bhortly af
ter noon for Tercio, Colo., whence he
will drive 25 miles to the ranch of W.
H. Bartlett, near Vermejo Park, N. m!
raucii nypemw urea ana nervous
and was not in the best of temper.
"None of your business," was his
answer to a question as to his mission
to Trinidad. "I've been hounded to
death by reporters for weeks."
Asked concerning the report that he
had experts gathering data on July
wheat throughout the West, Mr. Pat
ten refused to answer. It Is under
stood Mr. Patten will spend some time
at the Bartlett ranch.
Patten dJarlayed great anger when the
reporter pewvisted in questioning him re
garding wheat condftions.
"It's none of your business what I
think," Vie snapped, turning on the re
porter. "I want to. forget wheat and I'm
tired off reporters, tiefout." That set
tled it. Mr. Patten shut up and so did
the reporter.
At the hotel where Patten rested for a
few hours he was warned by the clerk
that it would be dangerous to attempt the
overland trip from Tercio to the Bart
lett ranch todw, as a furious blizzard
is raging in the mountains.
"I don't care," said. Patten. "T want
seclusion ' anu rest, and I'm eolnc
after it." s
The stage cannot reach the Bartlett
ranch before nightfall and the roads are
in a dangerous condition.
City to Do Own Street Work.
GRANTS PASS. Or.. April 22 (gPB.
IF IT DISAPPEARS, IT'S ECZEMA
How to Tell Whether Skin Affection
Is an Inherited Blood Disease or Not.
Sometimes it is hard to determine
whether a skin affection Is a sign of a
blood disorder or simply a form of
eczema. Even physicians are often puz
zled In their diagnosis. The best' way
for any one afflicted is to go to the
Skidmore Drug Co., Woodard, Clarke &
Co., or any good druggist who handles
pure drugs and obtain 50 cents' worth
of posJam. Apply this, and If the itch
ing stops at once and the trouble is
cured in a few days it may be set
down as having been eczema, as this
is the way poslam acts in the worst
cases of eczema, and- in curing acne,
herpes, blotches, tetter. piles, "salt
rheum. rash, barber's and other
forms of itch, scaly scalp, and all sur
face skin affections.
Any one who will write to the Emer
gency Laboratories, No. 32 West Twenty-fifth
Street, New York, can seen
L by mail free of charge, a supply suf fl-
v.ciii. 3U1U11 eczema surface
or clear a complexion overnight and
remove pimples in twenty-four hours.
HAND
SAPOLIO
It inrarM an enjoy&bfo, invigi.
anting bath; makes every port
TCapond, removes dead skin.
EKEBOIZES THE WHOLE K0BT
tarts the circulation and learea
glow eqnal to a Turkish bath.
ai.Ti fraorcsaa. anil Dauacusra
At JLaist We
ea.dy In IS
Are
Moving an enormous stock of Men's, Women's and Children's
Shoes, to say nothing of the many tons of machinery used in our
factory, was a big undertaking.
But this is all at an end now, and we are mighty glad of the
move, because we are now in a position to do business along lines
that are in keeping with your desires and ours as well.
When you come to this Shoe Store you "need-seek-no-farther"
you'll find everything in footwear that any member of th.3
family big or little masculine or feminine may need.
In Shoe buying one certain thing must of necessity be left to
the integrity of the merchant, and that is the wearing quality of
the Shoe, as the test of wear is the only way of finding out whether
or not you got your money's worth.
The marvelous growth of this business is proof positive that
the Shoes we sold in the past had wearing quality galore. This
growth is also a proof that our customers felt assured that they
received their money's worth in each and every instance.
Our Quick Repair Department will continue to be a prom
inent feature of this business, and we assure the public that the
same high standard of work and quality of materials used will be
maintained.
So if you've Shoes to buy, for self, for wife or children, and
want to be certain of getting the full value of your money, come
to the "Goodyear." You'll not be disappointed in the least.
GOODYEAR SFKXTGOit