Morning Oregonian. (Portland, Or.) 1861-1937, March 30, 1910, Image 1

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VOL. L. NO. 15,394
PORTLAND, OREGON, WEDNESDAY, MARCH 30, 1910.
PRICE FIVE CENTS.
SCHOOLBOY ELOPER
"CURE" BY FASTING
ROOSEVELT
C JOE JEFFERSON'S
u wirr nrrrwnAMT
ACTION AT ONCE
EUGENE WOMAN
IS CERTAINLY OLD
E FOR
FATAL TO PATIENT
' I Fill U U 1 I LMUnll I
ARMED, LOSES RAGE
ROUSE
IRE
ALONE HALTS WAR
CRASH IS SHIFTED
WOMAN DOCTOR'S PRESCRIP
SUIT FOR $.200,000 BROUGHT BY
MRS. SARAH JAXE TODD CELE
BRATES BIRTHDAY.
TIOX FOtTXD NOT TTXLAWFLTj
THEATRICAL MAX.
110
AM
BANK
C
Youth Staves Off Posse
for Hours.
SWEETHEART PROVES TRUE
California Children, Would
Wed, Flee to Mountains.
CAPTURED AFTER GUM-PLAY
Second Attempt of Couple to Marry
Ends Disastrously When rather
and Police Chase lor
Day and Win.
SAN DIEGO. Cal., March 29. (Special.)
Armed with a Colts' revolver, . deisr.
mined mind and love, for a girl, Thomas
oreman, a 16-year-old schoolboy, ac
companied by Gertrude Seifert. a 15-vcar
old girl, -who declared she was ready to
cue following his footsteDS. todav defied
a pursuing posse by fleeing- far into the
mountains or tne Cuyamaca country,
where they were captured late tonight.
The pursuers are John R. Seifert
wealthy father of the girl, and several of
ficers of the police deDartment n-iir
since early this morn I tie- ha u ..j
the runaways, bent on escaping from the
girl's parents for the purpose of being
married.
The chase began before midnight last
nigni and has continued in the name tt,t,
ner as would be used in hunting
train-robbers, except that the boy and
giri nave had the sympathy and protec
tion oi tne ranchers of the country
mrougn wmch they have passed.
Couple Tried to Elope Week Ago
Young Foreman and the eSifert girl
first tried to elope March 21, going to
eama Ana, where they were halted by
the authorities and brourhf inm
Last night they made a second suc
cessful escape from the city, leaving by
automobile, which took them as far as
.i-M.-scanso. wnere. on account of Hi
enow, the machine was abandoned. The
young couple started on foot over the
mountain ranges.
When the pursuers reached Descanso
they found that the runaways had the
Bjmpaimes of the Descanso population
which armed Itself with WlnchPst.
and would not allow the pursuing
posse to get within range of the fleeing
soupie for fear that the youth would
return tne nre and harm some one.
Bullet Halts March.
Om-e when the posse attempted to fol
low the trail In the brush they were
hailed by young' Foreman, who ordered
them to turn back. They came to an
abrupt halt when a bullet whistled close
to their heads. Foreman warned them
that if they persisted in coming closer
he would shoot to kill.
Then ha said that rather than submit
to capture and the separation from his
sweetheart he . would flrst kill her and'
then himself. All this time the girl was
standing close beside Foreman. "When
the lad stated that he would kill her
and himself to avoid being captured, the
girl said that she had the same wish
and that the sentiments expressed by
the boy were her own.
T& finance the expedition, young Fore
man borrowed from his father and
friends, then, securing two revolvers and
chartering a motor car. he appeared un
der his lady's window when darkness had
fallen.
Girl Brave as Lover.
With courage that rivaled the lad's
own. Miss Seifert knotted her bed
sheets together and slid from her win
dow to the ground. In another mo
ment the machine was racing down the
road, headed for the Cuyamaca Moun
tains, beyond which lies Death Valley.
Deputy Sheriff Thomas, stationed at
Des Canos. was the first to see the
runaway couple as the machine sped
through the village early this morning.
He notified the San Diego police, and,
organizing a posse, took up the trail
of the automobile, overtaking It a mile
and a half beyond Descanos. The ma
chine was stuck In a snowbank.
Foreman, when he saw the posse ap
proaching, grabbed the girl by the
arm and the two ran swiftly to a clump
of brush. Into which they plunged. As
he ran he fired several shots at the
pursuers, who refrained from replying
for fear of hitting the girl.
GILL SEGREGATES VICE
Disorderly Women Will Be Forced
to Hide Behind Brewery.
SEATTLE. "Wash., March 29. (Spe
cial.) Mayor H. C. Gill late today told
the committee of 16. representing the
South End Improvement Clubs, that he
sanctions Chief f Police C. TV. Wappen
stein's move In cleaning up the residence
and apartment-house districts and In
structing disorderly women to find tem
porary accommodations in the district
south of King street.
By the time the Dearborn street "re
grade is completed, he said, those women'
will be ordered to find accommodations
south of Hanford street, back of the
Bayview brewery, a spot that cannot bo
seen from any carllne.
From West Seattle the district cannot
be seen at all. It is far removed from
all the Twelfth Ward carlinea. and even
Second Ward tpsldents cannot see the
district unless iey go looking for it.
The proposed district ' Is in the First
Ward, though adjacent to a portion of
the Second, which, however, cannot be
reached by a direct route from the pro
, posed, section.
Engineer Who Seeks Relief From In
digestion One of Several to
Starve to Death.
SEATTLE, March 29. A post mortem
examination held today on the body of
Earl Edward Erdlan, aged 26, who died
last night after long abstention from
food to cure Indigestion, showed that he
had died of starvation.
Erdman, a railroad civil engineer, had
been treated three weeks for indigestion
by a woman physician, whose treatment
Involves eating no food. When Erdman'a
condition became critical yesterday he
was hurried to a hospital, another j?hy
sician was. called and preparation was
made for transfusion of blood from the
dying man's friend.
Erdman died before the operation could
be performed. Other pattients of the
woman doctor have died of starvation,
but the Coroner says there is no law un
der which she can be prosecuted.
ORAL BETS NOT FELONY
California- Court Einds Gambling
law Claxises Are Conflicting.
SAN FRANCISCO. March 29. That
the Walker-Otis anti-betting law does
not prohibit oral betting, was the sub
stance of a decision rendered today by
the State Supreme Court, In ordering
the release on a writ of habeas corpus
of W. W. Roberts, who was arrested
recently at Emeryville for acting as
stakeholder for a bet on a horse race
there. The decision, written by Justice
Luclen Shaw, declares that the second
clause of the Otis-Walker law is "ir
reconcilably Inconsistent with the pre
ceding clause, and as such operates as
a repeal of the first clause."
The decision recites that both
elements of a crime must exist, and
mat since Koberts did not own, lease
or operate a place for accepting such
wagers as he was accused of taking,
as provided for by the second clause of
tne walker-Otis act, he could not be
guilty of the offense charged.
'the release of Roberts and the re
turn of his bonds was ordered by the
court.
STRIKE'S RANKS MAY GROW
Leather workers Expect to Be Joined
by Saddlemakers of Three Firms.
Although, the Leatherworkers' strike
presented no new developments yester
day, it is expected by the membra of
the Union that saddlemakers employed
by the John Clark Saddlry Company will
walk out today, as well as the saddle
makers employed by the George' Law
rence Company. It Is also believed thrt
the men employed by the Breyman
Leather Company will join them by Sat
urday.
The strikers maintain their assertion
that they will not cause any demonstra
tion, but that they will win out by peace
able methods. Police protection granted
the Breyman Leather Company Monday
night, proved to be unnecessary, as the
strikers had given no hint of trouble, and
no police were sent there yesterday.
HOTEL MEN WILL GATHER
Trainloads Will Go to National Con
vention at Los Angtles."
LOS ANGELES, March 29. As the time
draws near for the convention in Los
Angeles of the Hotelmen's Mutual Bene
fit Association of the United States and
Canada, the plans for the entertainment
of the visitors grow more definite.
Besides three special trains, one each
from New York, Chicago and Boston,
special cars from St. Louis, Minneapolis
and Omaha will bring the hundreds of
excursionists. They will be met at the
Bernardino April 11 by committees of the
Southern California Hotelmen's Associa
tion and conducted to this city. A varied
programme .for their pleasure has been
planned and includes excursions to all
points of Interest.
DRY CAMPAIGN LAUNCHED
Denver Anti-Saloon Canvassers Wade
Through Snow.
DENVER, March 29. "Shall this rltv
become antl-ealoon territory?"
Armed with copies of the above nn-
tltion, between 800 and" 900 canvassers
today launched the "dry" campaign in an
effort to secure sufficient signatures to
put the above question up to the voters
at the Spring election. May 18. Regard
less of the snow, which melted as It
fell, this army of canvassers pushed the
campaign through the residence sections.
Unless found necessary, the downtown
section will not be invaded by the can
vassers. SUIT TO COLLECT RENEWED
Court Orders Case Against Life In
surance Company Reopened.
OLYMPIA. Wash., March 29. (Sne-
ial.) A new trial is ordered by the
upreme Court in the case of Malvina
Hoeland. execturlx for the estate of
Adolp Hoeland, deceased, against the
Western Union life Insurance Com
pany, of Spokane, to collect the face
value of two life insurance policies for
500 each, drawing the line between a
representation and a warranty, in the
nswers given to certain questioning.
xne man is supposed to have died a
suicide, but this the Jury held should
oi block the payment of the policies.
Boy Playing, Wrecks Aircraft.
MINEOLA, N. Y.. March 29. The in
terference of a small boy has brought
to a sudden stop the aeroplane flights of
Dr. William Green, of the New York
Aero Club, who has been experimenting
for a fortnight past at the club's aero
drome here. As Dr. Green was nrPTmr.
ing to leave the ground yesterday a
small boy, who was playing tag, ran
Into the machine, smashing the apparatus.
700 Students Storm
His Hotel, Yelling.
COLONEL AWAY DURING FUSS
'Down With Aristocracy, Give
Us Constitution," Is Cry.
VARSITY TALK INCENSES
Ex-President Is Invited to Later
Protest Meeting, but Declines.
"Bwana Tumbo" Hears Racket
College Days Recalled.
CAIRO, Egypt. March 29. Ex-Presi
dent Roosevelt's address before the Egyp
tian University has aroused the extreme
nationalists to a state of fury.
Seven hundred students this evening
marched to his hotel and demonstrated
against him, shouting, "Down with auto
cracy. Give us a constitution."
The demonstrators were applauded by
the many spectators and some of the
patrons left the hotel, fearing violence.
Colonel Roosevelt was not in the hotel
at the time, but drove up shortly after
ward. He said he had heard the noise
which reminded him of American col-
lego boys, but he had no idea that he
was the cause, of it.
Another protest meeting was held this
evening, at which speeches less violent
than at the first meeting were made.
Great efforts were put forth to induce
Colonel Roosevelt to attend, but iie de
clined, smilingly.
Aside from the demonstration by the
students- this was a quiet day. conrnar-
atlvely, for the Roosevelts following
the strenuous programme of yesterday.
which was concluded with the appear
ance of the family in the Khedlval box
at the opera house, where, at the close
of the amateur performance of "Yeo
men of the Guard," Colonel Rooselevt
received an ovation. '
Today Colonel Roosevelt was the
guest at luncheon of the German Min
ster, Baron Hermann Von Hatzfeldt-
Wildefberg, who- was formerly first
secretary of the German Embassy at
Washington and temporarily in charge
of German affairs there following the
death of Ambassador Von Sternburg.
Bullet Is Roosevelt's Gift.
NEW YORK, March 29. Colonel
Theodore Roosevelt has presented a
bullet, with which he killed a bull ele
phant, to . the Actors' Fund Fair, which
will be held in New York on Mav
9-14. He sent it in response to a re
quest from Charles Burnham. general
manager of the fair, with the following
etter, dated on safari, February 5:
1 haven t any trophies, as the skins
are for the National Museum, but I
inclose bullet I used in killing a bull
elephant. It may be of no use to you;
if so, throw it away."
Explosion Victims Sent Home.
WASHINGTON, March 29. The Gov
ernment has ordered the bodies of the
victims of the gun explosion of the
cruiser Charleston brought back to
America from Manila and interred at
places selected by the relatives.
............ TTTT.l... .......... - -
I '"I SINCERELY TRUST I70THING HAPPENS." ?
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Malicious Prosecution, False Impris
onment and Slander Are
Grounds for Action.
NEW YORK, March 29. (Special.)
Suit for $200,000 has been brought
against Mrs. Joseph Jefferson by James
W. Morrlssey. The three grounds for
the action are malicious prosecution,
false imprisonment and slander.
Morrlssey, who had been manager of
Madison-Square Garden for several
years and a promoter of theatrical en
terprises, says he was authorized to
collect money for the proposed memo
rial to Joseph Jefferson, and was to get
25 per cent of what be collected.
A short time afterward Mrs. Jeffer
son withdrew her consent to Morrls-
sey's directorship. That was in 1907.
He continued to collect and was ar
rested in June, 1907, on a charge of
doing business as an organization
without having filed the proper papers
with the County Clerk.
He was finally discharged In special
sessions.
The plaintiff declares that he lost
$500 on the scheme. The suit will be
tried in the Supreme Court.
INDEX OF TODAY'S NEWS
THo Weather.
YESTERDAY'S Maximum temperature, 3
degrees; minimum. 37 degrees.
TODAY'S Fair and warmer; easterly
winds.
Politics.
Reuresentative McCredie said to have
pledged support to R. I. McCormlck. for
Senator. 1 age b.
lomeftttc.
Harriet Ialv weds Count Slerar. of Hun
gary, in New York. Page 2.
AJlds resigns and is convicted of taking
bribe. Page 2.
Coal miners dnmand Immediate wage In
crease or strikes will be called. Page 1.
Sudden terrific storm sweeps Rocky Moun
tain region. Page 3.
Kred Merrill. T. J. Munly and S. A. D.
Puter named as corespondents in San
Francisco divorce case. Page 5.
Sports.
Portlanders anxious to defeat Seals, who
for seven years have won the first game
of every season ; game called tomorrow.
Page S.
Whitman wins from O- A. C. in first game
of intercollegiate baseball series. Page 8.
Pacific Northwest.
Idaho police seek Charles Phelps, man
twice pardoned for brutal crimes, now
wanted for stabbing friend. Page 6.
United States Attorney at Tacoma declare
he is rertaln smuggling of Chinese into
the United States is practiced daily by
trans-Pacific lines. Page 6.
Coos Bay man shoots wife twice, over
powered by two young women whom he
attacks. Page 2.
Commercial and Marine.
Improvement in hop mat ket is expected.
Page 19.
Breaking of drouth sends wheat prices
down at Chicago. Page 19.
Stock prices take an upward turn. Page 19.
Pacific Coast Steamship Company will re
. open Portland office. Page 18.
Port hind and Vicinity.
Speakers before Montavtlla Board of Trade
argue for and against Public Service
Commission. Page 7.
Belief expressed that sale price of wagon
road grant will far exceed $2,000,000.
Page 14.
Park street la center of real estate activity.
Page 11.
March grand jury gets instructions for in
vestigation work. Page 12.
Delays in Madison bridge construction may
cost contract. Page 11.
Councllmen dissatisfied with fenders thus
far tested. Page 12.
Morrison-street opening, favored by com
mitter, may be ordered by City Coun
cil. Page 18.
Many named census enumerators decline to
take position. Page 9.
Louis W. Hill, president of Great Korthern,
due in Portland Friday. Page 9.
Banker Mcore on stand in own behalf shifts
blame for Oregon Trust wreck onto
Cooper Morris. Page 1.
Miners Demand Imme
diate Wage Increase.
NO COMPROMISE ALLOWED
Pennsylvania and Illinois Dis
tricts Hard Hit.
FIVE-CENT ADVANCE ASKED
Belief Expressed That Ohio and In
diana Operators Will Not Hold
Out Against Demand and Out
look Clears Temporarily.
CINCINNATI. March 29. Only imme
diate Increases in wages will prevent a
great industrial war, numerous and wide
spread strikes in the bituminous coal
mines, according to action taken by ' a
special committee of the United Mine
Workers here late today, following the
final disagreement and dissolution of the
Joint conference of the central competi
tive Held.
The terms proposed by the miners for
the continuation of work after the ex
piration of the present agreements at
midnight Thursday will admit of no com
promise so far as wages are concerned.
On other questions there Is room for
agreement and the general trend of opin
ion is that no lengthy suspension will be
the result except in a few fields.
Threatening Aspect In Two States.
The most threatening aspect overshad
ows Pennsylvania and Illinois sections.
Briefly, the miners demand that all op
praiora agree to pay increased wages
of 5 cents a ton on pick-mined screen
coal, with proportionate advances for
other methods of mining and otslde
labor, as a prerequisite to negotiations
on the other question. With the advance
in pay assured, work may be continued
In iie mines affected pending solution of
the minor points, provided the National
executive board of the union approves
action to this effect by district officers.
The National board is made the final
power so far as the union Is concerned
but it. is expressly forbidden to modify
the wage demands.
Two Districts Benefited.
A provision is made that agreements
may be signed by states, districts or
groups of districts. This may have a
beneficial effect In Ohio and Indiana.
Only a. few operators in these states, It
Is thought, will hold out against the ad
vance. The provision may also work
beneficially in the Southwestern fields.
Most of the operators have left the city
except the Pennsylvania men and those
that remained tonight expressed satisfac-
X!ortN.wlth the outlook.
The Ohio and Indiana operators believe
each district will reach an agreement.
The International executive board of
the mine workers will take ud Its work
in Indianapolis tomorrow.
A. G. Beals Is Reappointed.
SALEM, Or., March 29. (Snecial.i
Governor Benson today appointed A.
G. Beals, of Tillamook, to succeed him
self as a member of the board of high
er curricula.
I
"Grandma" Hale and Hearty Re
calls Missouri Indian Fights.
Oregon Her Home 1 0 Years.
EUGENE, Or., March 29. (Special.)
Mrs. Sarah Jane Todd, or Grandma Todd,
as she is familiarly known to her nu
merous, friends in this city, celebrated her
100th birthday today. The aged woman
is well and hearty and In possession of
all her faculties and was as keen and
alert mentally as any of the coterie of
guests who assembled at the Northwest
ern Christian Home this afternoon to
commemorate her century anniversary.
Grandma Todd, whose maiden name
was Sarah J. Mulkey, was born in Ken
tucky March 29, 1810, and at an early age
went with her parents to. Missouri, where
the family was among the pioneers of
that state and suffered many thrilling
experiences with the Indians. Her people
were compelled to live In forts In those
days for protection from the savages.
-When 18 years old she married Henry
Army and while in the service his health
failed and he died two years after the
close of the war.
Mrs. Hazlett subseauentlv married
Frank Tfodd. who was killed by a falling
tree. The Hazletts reared four adopted
children, all of whom except one boy
have died. Nineteen years ago she came
to Oregon and has since made her home
here. She was the first member of the
Christian Home in this city.
HUGE TIE-UP PREDICTED
J. J. Hill Says All Roads Will Face
Baffling Congestion Soon.
CHICAGO, March 29. J. J. Hill be
lieves the railroads will experience next
Fall and Winter the greatest traffic con
gestion in their history, and he sees no
way to prevent it. He passed through
Chicago yesterday on his way from St.
iaul to New York.
"The tonnage which Is being offered
the railroads for transportation is con
stantly on the Increase," he said, "and
there is little doubt that the railroads
will be called upon this year to furnish
more transportation units than they ever
before have been asked to furnish. From
all indications It seems certain that by
next Fall, or early Winter, the railroads
will be totally unable to supply any.
thing like the amount of transportation
facilities which will be demanded by the
country.
"Until railroad credit shall have been
restored and until the American public
shall have regained ltn confidence in
railroad securities, the public will have
to continue to suffer for lack of railroad
facilities."
WISDOM IS GIVEN WISDOM
Elgin Alleged Perjurer, Thou slit
Guilty, but Jury Liberates.
LA GRANDE. Or., March 29. (Spe
cial.) Fred Wisdom, of Elgin, who ac
cused a fellow Elginite with shooting at
him and causing his arrest, and who was
indicted by the grand Jury for perjury in
this connection, was today freed by the
jury which heard the case, but roundly
reprimanded in a letter dictated and
signed by every member of the jury.
The jury admitted In the letter, read
by Judge Knowles to the defendant this
afternoon, that they believed him guilty.
but evidence was lacking. The jurors
reprimanded him in one breath and ad
vised him fatherly in the next. The
event was somewhat of a sensation.
19 "DRY" FIGHTS CLOSE
Anti-Saloon League to Be Kept Busy
Until July 15.
SEATTLE. Wash., March 29. During
the next four months many local op
tion elections are to be held in this
state, the Anti-Saloon League having
planned to push the fight against the
lquor forces in the small cities and
towns and the rural districts. Before
he middle of July there will be elec-
lons In the following places: Dayton,
Centralis, Friday Harbor, Snoqualmle,
Asotin, Chelan, Ritzville, Llnd, Cun
ningham, Adams County, Spokane
County, Okanogan County, Port An
geles, Clallam County, Bremerton,
Charleston, Port Orchard, Poulsbo and
Snohomish County. The league will
endeavor to secure the passage of
county unit law at the next session of
the Legislature.
G0EY SINGS KEEP COMING
Chinaman Born in Seattle Multiplies
After Emigration.
SEATTLE, March 29. A son named
Goey Sing was bora to Ah How,
Chinese merchant in Seattle, May 31.
1897, and the merchant and his son
afterward went to China, where they
now are.
In the past two years three Chinese
boys have entered the country as Goey
Sing, with certificates of their birth in
Seattle. Two have already been sent
back and a third Goey Sing, who was
arrested at Irondale, Wash., after be
ing in the country more than a year.
today was ordered deported.
COUGARS KILL FINE DOGS
Wishkah River Scene of Fierce
Fight; Loggers Slay Animals.
HOQUIAM. Wash., March 29. (Spe
cial.) After a fierce fight, in which a
valuable dog was killed and other dogs
injured, two large cougars and a bob
cat were killedVtn the upper reaches of j
the Wishkah River yesterday by a
party . of loggers, consisting of John
Winslow, Walter Clark, Arthur Salm
on and J. R. Snider.
The animals were brought to Aber
deen today. The largest cougar mean- I
ured seven feet from tip to tip and the I
Moore Says Methods of
Morris Caused Wreck.
ACCUSED ON STAND ALL DAY
With Banker's Testimony De
fense Closes Case.
LYTLE IS CONTRADICTED
Indicted Banker Says He Was Ignor-
ant of Many Transaction Tele
phono Stock Deal Admitted
Wrong Trial Near End.
Within 24 hours the fate of Walter F.
Moore, ex-president of the Oregon Trust
& Savings Bank, will rest with the jury,
his counsel announcing that tho finan
cier's recital of the wrecked institution's
affairs yesterday virtually closed the
case.
Called to testify in his own behalf, Mr.
Moore occupied the stand throughout the
day. Features of his testimony were:
Blaming of W. Cooper Morris for the
bank's fall.
Admission that he and Morris had
paid for their stock and created a 50,
000 surplus with the bonus telephone
stock received with the telephone bonds.
Flat denial of testimony of K. E. Lytle
concerning the Board of Trade building
venture and the Pacific & Kastcrn Rail
road deal.
Xenial of knowledge of Golden Eagle
store transactions until he found by ac-
craent that the establishment had over
drawn $21,000.
Asked to explain entries on the books
on December 15. 190B. when his own and
Morris" notes for stock were wined off
the books and a surplus for the bank
created, Mr. Moore replied:
Wrong Act Admitted.
Morris stated to me one day that the
bank had In its possession $200,000 worth
of telephone stock which had not been
entered upon the books
that we write them up and take off our
own stock. He said the stock was worth
60 cents on the dollar and that it would
be a legitimate transaction fni- i,.
enter Into. I wish to statu now that I
do not believe that it was tho r ti
thing to do. I know It was wroni but
I felt that I was behind the bank with
everything I possessed and in one way it
seemed as though it would not make any
difference whether I had any notes in the
bank or not.
Morris suggested It and I permitted
it. I did not take my note out of the
bank, although. I allowed the entry to
be written off the books."
Mr. Moore, during the direct and
cross-examination, insisted he was ignor
ant of most of the transactions which
held the Institution up to criticism. Mak
ing of alleged bad notes, so far as ho
knew, was of Morris' doing, and the en
tire Golden Eagle transaction was at
tributed to Morris. On Morris, too be
said, he relied blindly in regard to the
Pacific & Eastern deal.
Notwithstanding the testimony of E. E.
Lytle to the effect that Mr. Moore had
denied that any of tho bank's money was
being used in these deals Mr. Moore
made a flat denial of these statements.
He said Mr. Lytle had not held the con
versation with him as related by Mr.
Lytle on the stand regarding the Pa
cific & Eastern. Lytle's testimony that
he had warned Moore not to use any
of the bank's money in the Board of
Trade building was also denied, Mr.
Moore saying no such warning had ever
been given. ,
Big Loan Planned.
'It was intended." said the witness, "to
turn the Board of Trade building over
to the bank to be used as an investment
for the saving deposits accounts, and
had the deal been made at a mora
favorabIe time " would have turncd out
a. ii ngiii nna.ncia.iiy.
He said that originally he had taken
the idea from the Board of Trade, which
had just elected Mr. Labor secretary, and
that he had asked Labor's permission
to use the name agreeing in return to
give the Board of Trade office accommo
dations at nominal rental. He said ha
had permitted the Board of Trade
Building Company to make overdrafts of
nearly $100.00, saying, at the time, he
was negotiating with the Equitable In
surance Company of a loan of $300,000 on
the property, the company having agreed
to make the loan providing the bank
would guarantee the interest payments.
Delays, which had not been expected,
arose, he said. Time was taken up in
looking up title by the company's at
torneys and the official notice of th
ceptance of the deaI by the Insurance
company was not received until four
was not
days after the bank had closed for good.
"In the meantime," said Mr. Moore, "the
overdrafts, which had been allowed with
the idea that thay would be small and
continue for a few days only, had crept
up to $100,000.
Mr. Hickson, in whose name all tha
stock of 'the Board of Trade building
stood. It was testified... was emnloved h
Moore. He had been a bookkeeper and
an assistant cashier for the bafiks for
merly conducted by Mr. Moore in Eastern
Oregon, said the witness, and he was
thought to be a perfect roan for tho po
eition of holding the buildine In trust-
- ' . ........... ., ,. , . .A I
smaiier one six xeet nine inches. i .,, r-