Morning Oregonian. (Portland, Or.) 1861-1937, March 28, 1910, Page 15, Image 15

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    15
AT
A Plain Talk Based on Facts
TIIE MORXIXG O RE GON IAN, MONDAY, MARCH 28, 1910.
Address All
SECOND Ml LIKELY
Missionary Predicts Russia
and Japan Will Clash.
BORDER BEING FORTIFIED
Japanese Labor Question In Vnited
States Will Settle Itself, Says
Dr. Dearlng Japan Is
Loyal to Vnited States.
Dr. J. L. Dearing. for 20 years a mis
sionary of the Baptist church in Japan,
who is In Portland to speak at the
convention of the laymen's missionary
movement, said yesterday that he be
lieved that Japan will have another
war with Russia within 10 years. He
said that a friend of his told him when
he was in Manchuria 18 months ago
that the "Russians already are building
fortifications on the northern border
under the guise of establishing lum
ber mills.
Dr. Dearlnf? was speaking of the In
flux of coolie labor Into the United
States, a question having been asked
at the close of his address at the White
Temple yesterday. '"I have traveled
over the United States considerably,"
he said, "and am convinced that we
cannot get along without foreign labor.
The question Is whether we shall em
ploy the Jap or the Italian or other
foreigner. I admit there are many dif
ficult questions to be solved In connec
tion with the employment of Oriental
labor. But In order to develop this
country properly we must have it un
der some sort of restrictions. We
haven't enough men without them to
do the work.
Japs Are Independent.
"But It is not a question of exclud
ing the Jap from this country. It is a
question whether we shall be able in a"
few years to get the Jap at all as a
laborer. A Jap wants to work for a
foreigner only long enough to learn
what the foreigner has to teach him.
Then he goes into business for himself.
"Further than this, it Is the aim of
the Japanese government to turn its
coolie class lntovManchuria. to develop
that country. Japan expects war with
Russia at some time within the next 10
years, and desires to nave a part of
her population In Corea to act as a
buffer to the Russians. Believing that
Russia is only awaiting a favorable
opportunity to strike, Japanese states
men think it is their business to pre
pare for the attack as they prepared
for the last war. That is why Japan
desires, so far as possible, to develop
her commercial relations.
Loyalty to Vnited States Vndoubted.
"There is no question of the loyalty
of Japan to the United States. Peace
ful relations with this country are an
absolute certainty. Japan will be our
great competitor for China's trade. Yet
as she develops China's trade there
will be all Japan can meet, and more,
too. The more successful she becomes
In her commercial relations with China,
the larger will be our commerce in the
Bast. There are some things she never
will be able to produce.
"Four hundred million dollars rep
resent Japan's commercial relationship
with the rest of the world. The United
States Is her largest, buyer, but Jn ex
A great many people know something about the oil business in California, and
a few know a GREAT DEAL about it. Practically every one has a vague idea that
money is being made in California oil at this time. Oil is today selling for 60
cents per barrel and up at the wells in California, and upon the basis of a million
dollar capitalization and this cheap oil, the American Petroleum Oil Company
pays upon a $1000 investment $1600 per year in dividends, and the $1000 worth
of stock is now worth $10,000; $1000 invested in Sterling Oil Company's stock
is returning $3333 per year in dividends, and the $1000 worth of stock would now
sell for $12,300; $1000 invested in Clairmont Oil Company pays yearly dividends
of $1598, and the stock purchased for $1000 could now be sold for $13,500; $1000
invested in the Monte Cristo Oil Company has paid dividends as high as $3600
per year, and $1000 invested in this stock is now worth $15,000.
These are only a few illustrations of oil companies operating in California, and
if anyone in Portland owns stock in any one of these companies they can verify
these statements. ..
Twenty companies in California, paying dividends of from 1 cent to 50 cents
per share, paid out in dividends for the one month of February alone $508,111.81,
and these companies are all highly capitalized. Now think of this, if these 'com
panies can pay the enormous amount in dividends upon a high capitalization and
producing a cheap oil, what can our company, capitalized for but $50,000 and pro
ducing oil that will be worth 20 times the price of California oil, pay in dividends, and
what will this stock be worth? This is the right way to look at this matter, and if
you will give the subject a moment's thought you will immediately come to the
conclusion that this NEHALEM BAY oil subject is worth your serious considera
tion, for on the above basis the stock of the Necarney City Hydro-Carbon Oil Com
pany would pay 20 times the dividends of a California well and the stock will be
worth from $1000 to $2000 per share. This seems an overdrawn statement, but we
say, based upon California oil and California capitalization, our low capitalization
and high-price oil, the above statement is underrated rather than overrated.
There must be a beginning to all industry. So there was to the California in
Communications to
ports to Japan America stands second.
We shall stand first when American
merchants come to realize their right
to the Japanese trade . and take it.
"I hear all up and down the land
that the Japanese are tricky and unre
liable in business. V hat can you ex
pect from a non-Christian nation? We
owe it to Christianity that we have
commercial integrity in our own Na
tion. Make Japan Christian and you
make her honest.
"The statement I have heard that
Japanese employ the Chinese In their
banks and other Institutions because
they are afraid to trust their own
countrymen is false. It is true that
foreigners who go to Vokohama usual
ly deal with either the Hongkong &
Shanghai Banking Corporation, the
Charter Bank of India, Australia &
China, or the International Banking
Corporation. If they do they find Chi
nese employed; and the reason is that
the Japanese will work for the for
eigner only long enough to learn the
business, and then will start a bank
for himself. That causes the foreign
business men to employ Chinese.
spx?'. vt
Br. J. L.. DmrliK, Who Predicts That
Japan Will Have Another War With
Runia Within Ten Yearn.
"Conditions in China are not nearly
as flattering In Japan.''
Trolley Car Fare to Llnnton.
LINNTON, Or., March 36. (To . the
Editor.) Last Thursday a delegation of
Llnnton folks called on Judge Morrow
to ask that judgment be rendered on the
Llnnton fare controversy with the United
Railways Company. The last hearing in
this case was held some months ago,
and as no new points bearing on the
case were brought out in this second
hearing it was expected that a decision
would be rendered soon. Judge Morrow
assured the delegation that he would ren
der hist decision Saturday, April 2.
This cass has attracted considerable at
tention from the fact that the company
obtained their franchise both from the
county and private parties, over whose
property the lines run on the- express
agreement that the fare to Linnton
would be but 5 cents, and no little sur
prise and indignation was created when,
on the company starting cars, its agents
collected 10 cents instead of 6.
Both hearings were heard before Judge
Morrow and a's his first decision was in
favor of the Linnton people, it is hoped
that his second Judgment will be the
same, since nothing new has developed
at the second hearing. In anv vent th
"people of Llnnton are glad that a definite
nme is set when they may expect the
Judgment to be rendered.
S. M. MANN.
i '
'A 4 ;
" 1 V
1 C.
FIRES TO BE FOUGHT
Systematic Patrol of State Is
Arranged.
TIMBER LAND OWNERS MEET
Local Organizations of Fighters of
Flames Will Be Bound Together
In Central Body Scheme Is in
Vogue In Other States.
Beginning the approaching fire season
with the State of Oregon districted into
systematic forest fire patrols, each or
ganized for greatest local efficiency, but
all knit together by a central council,
is the plan formulated by prominent tim
berland owners who concluded their
meeting in Portlnd yesterday.
Local fire districts will be fixed by
geographical and similar considerations.
Owners in each district will contribute
toward the expense of patrol and fire
fighting on an acreage basis, the patrol
men to be authorized by the state. Each
association will be entitled to representa
tion in a state association.
The meeting which decided on this
important step was called under the
auspices of zhe 'Western Forestry and
Conservation Association, representing
all the local organizations for forest and
other conservation in Oregon. Washing
ton, California, Idaho and Montana. F.
C. Knapp, of the Peninsula Lumber Com
pany, la the Oregon trustee of this
parent association, and E. T. Allen, Its
forester, also maintains headquarters in
Portland.
Prominent 3fen Interested.
The first session of the meeting was
held at the rooms of the Oregon & Wash
ington Lumber Manufacturers' Associa
tion. Among those present were: C G.
Briggs. P. S. Brumby, W. B. Sherman,
Wells Gilbert. F. A. Kribs, L. J. Went
worth, F. C. Knapp, George S. Long. D.
P. Simons. Jr.. T. J. Humblrd. E. T.
Allen. G. M. Cornwall, A. W. Rees, C.
K. Spaulding, J. W. Alexander. A. C.
Dixon, H. D. Langille and C. B. Brad
shaw. '
After a description of similar co-operative
efforts in Idaho and Washington by
George 3. Long, of Tacoma, T. J. Hum
bird, of Sand Point, Idaho, and D. P.
Simons, Jr., of Seattle, and learning that
similar organizations have Just been
formed in Montana and California, it was
unanimously decided that Oregon should
get in line with the general movement. A
committee consisting of P. S. Brumby,
Wells Gilbert and A. W. Rees, of Port
land: C. K. Spaulding, of Newberg, and
W. B. Sherman, of Grants Pass, was ap
pointed to arrange for districting the
state properly and organizing local as
sociations. Central Body to Be Formed.
EL T. Allen, J. W. Alexander and F.
C. Knapp were constituted a second
committee to organize the central as
sociation to afford co-operative facilities
for the others. These committees will
report at a meeting to be held April 8,
when names wil be chosen for the sev
eral associations, articles of incorpora
tion approved, and officers elected.
Several informal co-operative arrange
ments between Oregon timber owners for
patrol are already in existence and over
$40,000 was spent in 1909. The excellent
H
O
results thus obtained, when compared
with Individual effort, have showed the
great efficiency which will be secured
by the perfected and extended sytsem.
Provision will be made for bringing in
small and non-resident owners who can
thus get all advantages of protection at
a minimum cost and without personal
attention. Co-operation with the state
and Government In tire work will be
greatly simplified. The patrol will be
systematic and maintained by trained
and organized men. Tools, assistants and
supplies will be available at known points
without delay. Particular effort will be
made to enlist the interest and co-operation
of settlers, campers and lumbermen
by explaining, not only the fire laws,
but the great advantage to the commu
nity of protecting Oregon's greatest
natural resource.
NEST OF OWLS ORGANIZED
Members Never Are Hungry, Nor
Will Rest in Potters' Field.
With 90 per cent of the 455 present
who compose the list of charter mem
bers, Portland Nest of Owls, No. 1279,
j was organized yesterday at Eagles'
jnnii. oecona ana lamniu streets, and
the first set of officers installed by E.
H. Raymond, special organizer, assisted
by Ira F. Weldon, of Salt Lake City.
Those who will have charge of the
destinies of the new lodge are: F. J.
Brady, president: E. R. Werlein, Junior
past president; Dr. Higgs, vice-president:
J. Price, invocator; Roy Fox,
warden: A. B. Wyatt, secretary; Dr.
Smith, treasurer; John; Phillips, picket,
and George Schibe, sentinel.
The Order of Owls was originated at
South Bend, Ind., in 1904. It is assert
ed that the fraternity was not thought
out, but Just happened as the result of
a gathering of Jovial spirits. It is the
boast of the order that none of Its
members ever has been buried in a
potter's field, none Is in the poor
houses and none is hungry. A member
ship of 200,000 is now claimed in the
United States.
A lodge will be organized at Oregon
City Friday night. The charter now
contains 150 names.
Only One "BROMO QtNINK."
That is LAXATIVE BROMO q JININE Look
for the signature of E. W. QROVE. Used the
World over 10 Cure a Cold In One Day 25c
A CONSERVATIVE CUSTODIAN
HIBERNIA
SAVINGS
BANK
DOES A
General Banking
Business
Pays Interest on Savings
and Time Deposits
Cor. Second and AVashington Sts.
Portland, Oregon
dustries, and the poor fellows who bored the first oil well had all manner of fun
poked at them for boring an oil well "away out in California," but we all know
the result is that the oil industry is the best paying and the most extensive indus
try in California today. We, the N. C. H. Oil Co., are doing for Oregon just what
the pioneer oil-well driller did for California, i. e., developing the oil industry in
our great state. We are beyond the experimental stage, and the report from the
well today indicates that a flow of oil may be secured at any time. Every indica
tion points to the fact that there is a great oil lake under the great Nehalem Basin.
Every man that has been over the ground, that has any knowledge of such mat
ters, say they have never seen so great and extensive signs of oil in any other field
as they find in this field. We have found from the top of the grcmnd to the present
depth much greater evidence of the oil than we had any reason to expect, and now
that success is about to crown our efforts, 'we feel fully justified in advancing .the
stock from $2.50 to $10.00 per share on April 1, and reserving the right to with
draw unsold stock from the market at any tune before that date. Some people are
surprised that we are advancing the price of the stock at this time, but we warn
you, we will give the public a greater surprise soon after the date mentioned above.
With the doubt removed that there is oil in this ground, and with everything there
that is needed to push the work speedily, and with a driller who says little but
works much and who is interested, both from a financial standpoint and from a
great desire to conquer, we feel that we can give the public abundant assurance of
success, and we have had abundant assurances from the public that they are much
interested in our success, for which we heartily thank them. Do not forget this,
this oil company is a home company. The oil field they are developing is an Oregon
oil field, and but 57 miles from this Portland of ours, which is to be a city of 500,000
people within the next four years. We court an investigation of our honestv and
business methods. This will probably be the last time we will publicly advertise
this matter before the date of advancing the price of the stock from $2.50 to $10 per
share, but any mail orders that come to us bearing the postmark of March 31 will
be recognized, otherwise they will be returned.
Call or send for illustrated folder of the field and the location of the oil well.
Hill
MRS. DU ill WAY SPEAKS
PIOXEEK . OREGOXIAX PAYS
TRIBUTE TO HEBREW WOMEN.
Graphic Description of Early Days
In State Proves Interesting
to Temple Audience.
Experiences in Oregon's early days
was the keynote of an Interesting ad
dress delivered by Mrs. Abigail Scott
Dunlway before the Council of Jewish
Juniors yesterday in Temple Beth Is
rael. The speaker, who Is one of the
honored pioneer women of this state,
gave her recollections of the trip across
the plains and life in the early settle
ments of Oregon.
The party of which Mrs. Duniway'i
family were members crossed the i
plains to Oregon in 1852. Six months
were required to make the long jour
ney by ox teams from the Missouri
River to the Willamette Valley. Much
of the time the oxen were unable to
pull the heavy wagons, and the mem
bers of the party were obliged to walk.
At a point in the Black Hills Mrs.
Duniway's mother died suddenly and
was buried in that region. So many
hardships were afterwards encoun
tered that the speaker said they were
often thankful their mother had been
spared them.
When they arrived in the Snake
River region most of their cattle were
lost, swimming the river and disap
pearing. This was a most serious loss.
When the diminished train reached the
IJUVELKRS' GUIDE.
All Modern safety Devices (Wireless, Etc)
LONDON FAR18 HA.MBLiMJ
9 A. M.
HOrf Waldersee Apr. OlCincinnati. . .April 23
tKais Aug Vic. Apr. 16 tAmerlka April 30
Bluecher ... .April 21 !Pres. Grant... May 4
Pres. Lincoln. April li3;iPennsyIvanla.May 11
IRitz-Carlton a la Carte Restaurant.
Hamburg direct.
ITALY v
I A GIBRALTAR,
iAPLES and
GENOA
S. S. HAMBURG March 29, 12. noon
8. S. MOLTKE April 19
S. S. BATAVIA (Naples only) May 5
Hamburg-American I Ann,
160 Powell St., San Francisco, Cat.
and Local R. R. Agents In Portland.
HAN FRANCISCO A PORTLAND STEAM
SHIP COMPANY.
Only direct steamers and daylight sailings
From Alnsworth dock. Portland, 9 AM.
8.S. Kansas City, Apr. 8. 13.
S.S. Rose City. Apr. . 23.
From Pier 40. .San Francisco. 11 A. M.
8-8. Rose City, Apr. 2, 16.
S.S. Kansas City. Apr. 9. 23.
M. J. ROCHE. C T. A.. 142 Third St.
Main 02. A 1402.
J. W. RANSOM. Dock Agent,
Alnsworth Dock. Main 208. A 1234.
San Francisco and Los Angeles Direct
North Pacific S. S. Co-'s. steamships Roan
oke and Elder sail alternately every Tues
day at 8 P. M.
8. S. Santa Clara sails for Eureka and
fian Francisco March 28. April 9, 23. May 7,
21. at 4 P. M.. from Martin's Dock, foot of
17th St. Ticket office 132 ad St. Phones M.
1314: A 1314. H. YOUNG. Agent.
COOS BAY LINE
The steamer RAMONA leaves Portland
every Wednesday, 8 P. M., from Ainsworth
dock tor N-rth Bend, Marehfleld and Com
Bay points. Freight received until a P. M.
on iay of sailing. Passenger fare, first
class, $10: second-class. $7, Including berth
and meals. Inquire lty ticket office. Third
and Washington streets, or Alnsworth dock.
Phone Main 2SS
274 Oak Street, Portland, Oregon
Cascade Mountains, where it was met 1
by a party from the Willamette Val
ley, the little band was entirely out of
food and in great distress.
Mrs. Dunlway narrated her experi
ences as a teacher in the little pioneer
town of Lafayette. Her method of
teaching English become so popular
that on Friday afternoons even the
business men of the community attend
ed her lecture. After several years of
teaching Mrs. Dunlway opened a mil
linery store, becoming one of the first
women to engage in business in Ore-
OLDEST BANK ON THE PACIFIC COAST
CAPITAL $1,000,000
SURPLUS and PROFITS $600,000
OFFICERS.
W. M. LADD, President.
EDW. COOK INGHAM, Vice-President
W. H. DUNCKLBT. Cashier.
R. S. HOWARD. JR.. Ass't Cashier.
L w. LADD, Assistant Cashier.
WALTER M. COOK. Ass't Cashier.
Interest Paid on Savings Accounts and Certificates of Deposit
We Issue Letters of Credit, Foreign Drafts, and Travelers Checks
Combines the inherent stability of the mineral aggregate
with the cementing qualities of the bituminous cement,
and produces a smooth, dustless, waterproof pavement,
makng ideal streets that beautify the city and enhance
the value of property. BITTJLITHIC has more intrinsic
value than any other hard-surface pavement.
AMERICAN BANK
& TRUST COMPANY
SAMUEL CONNEUL, President G. L. MacGIBBON. Cashier
CAPITAL, $150,000
Does a general banking business. Opens checking accounts without
limitation as to amount. Pays interest on time and savings deposits.
CORNER SIXTH AND OAK,
gon. Through her experience as a
farmer's wife and through the experi
ences of otiier pioneer women, she be
came convinced that the hardships of
such an existence could only be less
ened by the granting of equal rights
to women. From that time, nearly 4
years ago, she said she had worked
unremittingly for this cause.
In closing her address Mrs. Dunlway
paid a tribute to the pioneer Hebrew
men and women of Oregon, who, she
said, hnd so much to do with the ad
vancement of this state.
. ur ii i i , Jigai-:i l-j7fiisi--tifti,- ft, . a sisWlillfciH1Hryist1 S
DIRECTORS.
EDWARD COOK INCH AM.
HENRY L. CORBETT.
WILLIAM M. LADD.
CHARLES E LADD.
J. WESLEY LADD.
6. B LINTHICUM.
FREDERIC B. PRATT.
THEODORE B. WILCOX.
PORTLAND, (OREGON.