PORTLAND, OREGOX, TUESDAY, DECE3IBER 20, 1910.
rmcE FIVE CENTS.
vol.
XO. 13.G21.
SENATE REJECTS
CLOTURE RULING
Point Made by Sher
man Is Rejected.
VOTE MAKES IT EMPHATIC
Resistance to Alteration
Rules Made Clear.
PAIRED SENATORS ABSENT
Urrburn DeNnes Ileal Republican,
by Implication Bill for Direct
Flections Will !'.
Rajnrr Declare.
TVAMHNtJTON. Pec 11. Vke-Presi-4nt
Kherraan'a effort to take a leaf
from the book of Speaker Reed and
. count a quorum" wa crushed by tho
nuta todar- Fr a rote of 37 to 17 the
Bmate axaln emphatically announced lis
determination to mint all efforts to
alter Ita rules In any way KUng to es
tablishment of cloture In tliat body.
The question trtm over the ruling made
last Saturday by Vice-President Sherman
fcoMlnc that an announcement of a pair
by a Srnato.- In an ay and no vote Is suf
ficient to Justify theihalrln Including; him
to make a quorum. Tha point waa raised
early In the day over the approval of tha
.Journal of HalurUay'a proceed! rga.
C hairman la Overruled.
In connection with the debate on the
onmlbua rlulraa bill, a vote waa taken on
an appeal by Senator Hale from a deci
sion by the chair almllar to tliat of
Saturday. Atl the IT Totea In favor of
iwalnlnjr the chair were caat by re
publican f the IT Totea against the
chair, yt were cat by ItepuliUcana and 17
be the XJrmocrata.
la the rollcall the point ai made by
Tfeyburn that only by unanimous consent
roulj a Senator be exi-uaed frura Totln.
even In oharrvance of a pair, and after
t)ie rolU-alt waa concluded Senators DIN
l'rgham and Msrt'n were eompelled to
rla and ask to be excused because of
pairs. No objection waa made.
He; burn Knoat Itcpublk-an.
While estiinc for the correction of the
reord of the Senate. Iteyuurn called
attention to an error of the report of
the manner In which he bad expressed
dissent several days (o f ruin the sug
gestion that the tariff should be revised
erhedule by schedule. He had used the
lamruage that a revision should be made
aa a political proposition aa favored "by
ttm real llepublicans of the country."
"Who are the real Kepubllcana T" asked
Ur. Bailer, of Texts.
Oh. I know them." retorted Mr. Hey
burn aa bla ma swept a corner of the
chamber where aeveral insurgents were
seated.
Borah's Illll Parsed.
The Senate passed Borah's bill permitt
Inc entry upon lands under Irrigation pro
Jevtss which have been relinquished by the
original 'locators, without regard to the
provision In the act of last session prohibiting-
entries until after irrigation
charges are axed. The new measure ap
ple only to old project
Bevertdge asked member of the Sen.
ate judiciary committee today whether
they intended to report the bill designed
to prevent lobaccu manufacturers from
using the premium coupon system for tle
purpose of crushing out competition. He
aaid be Intended to compel action on
the bill, which pessed the Senate as a
part of the I'ayoe-Aldrlch tariff bllL
Beverldge dwusacd the use of coupons
and asserted that by such means the
American Tobacco Company hod been en
abled to crush out competition in a man
ner amounting to a "scandal."
Direct I: lection In I'avor.
ftarner said that the discussion of reso
lutions to provide for the election of Sena
tone by direct vote developed that there
would be nut mote than four votes In the
committee against reporting to the Sen
ate. He declared the resolution would
pass the committee and the Senate.
. The Senate confirmed the Domination of
Kdaard R. Wright and Clarence J.
Hoberta to be AsMxiate Justk-cs of the
sa.ie.reni Oourt of New Mexico, and Cor
nelius D. Murane to be I'ntted States
Judge for the I'tstrict of Alaska, division
Ne. z.
MJXKKV .II BILL ADVANCED
M-DXtc Passes Measure fur Kxemp
tton in 1'ire DUtrlcts.
OROWNUN NBW3 EL'RBAL'. Wash
ington. lec. 1. Ti:e Senate today passed
Senator H' bom's bill exempting owners
rf unpatented mining claims from per
forming requisite development work on
them for tSe season or lo in Instances
where the claims were damaxed by forest
fires la July. August, and September last,
and where work was thereby hindered.
As effort will be made to ruth tha bill
through the House before the holiday
adjournment. '
HOOSEVELT IXQtlRY ASKED
TIesolatlon Wants to Know How
Kailmwd l".ipcncs Were Paid.
WASHINGTON'. Ic 1. A Congrea
Sloral tnvet1catl-n of Theodore Kooae
iCoeeloded ew i
618 SAVED FROM
BURNING SCHOOL
CniLDflEX THIXK THET ARE
PRACTICING DRIIX.
Within Half Hour After They Leave
bjr Rear Entrance,. Building
la Mass of It u ins.
BOISri Idaho, Doc 19. (Special ) The
practice but recently Instituted to compul
sory Are drilla In the main school build
ing of Rexburg. Idaho, probably saved
the Uvea of Cs children pupils who were
placed In grave peril by fire Just before
noon today.
Within a half hour the stone structure
waa gutted and a mass of ruins. - It was
valued at $30,000. partially covered by In
surance. A defective furnace, was the
cause. "
The flames were first noticed beneath
the main entrance and -quickly shut off
escape In that direction.
When the alarm was sounded the chil
dren thought they were practicing the
fire drill. It wae not until the edifice
was emptied, or within three minutes,
that they realised their narrow ni
The school waa built four years sgo,
with but one entrance. Recently mem
bers of the Board Insisted on a rear en
trance being Installed for emergency. The
children were quietly Instructed to pass
out that way.
STRIKE SITUATION TENSE
Commissioner Ac-Ill 81111 Labors
With Road Managers.
ClirCAGO. Dec- lS-ISpeclaD--Com-mlssloner
of Labor Neill continued his
efforts today to bring the railroad man
agers and the locomotive engineers to
gether, but without success. Both sides
refused to yield a point, though. Dr.
Nelil has not abandoned hope.
It Is expected that the conference will
last several days, though It was sal 1
that the situation Is becoming tense
and that an open rupture may come at
any time.
A strike of the engineers would prove
the worst labor conflict that the coun
try has ever seen In the railroad just
ness, as il systems are Involved and
every line west of Chicago would be
tied up.
Chief Opposes Arbitration.
Warren S. Stone, grand chief of the
Brotherhood of Locomotive Knineers,
Is not willing1 to submit to arbitration
If any other way can be found out of
the difficulty, and It la believed that in
accepting arbitration he will Impose
such conditions that the railroad cannot
accept.
Thouah neither side Is looking- for a
strike. It waa aald today that the pos
sibility of ens Is greater than It has
been at any time since the negotiations
began.
MURPHY PICKS SENATOR?
Democratic lioss Has Conference on
Subject Willi Gaynor.
NEW TCRK. Dec 19. (Special.) The
Senatorshlp situation. It would eeem
safe to guess, was probably settled to
day In the City Halt
Mayor (Jaynor and Charles F. Mur
phy held a long- conference during the
afternoon, and while neither would an
swer any questions concerning the sub
ject which had mostly Interested them.
It can be stated that the talk between
Clay nor and Murphy was mainly con
fined to the consideration of the man
who la to be selected by the 1 democratic
caucus of the Legislature to aucceed
Chauncey M. Depew.
The outcome of the conference Is that
the choice has been narrowed down to
Hdward IL Shepard and William F.
Sheehan. rosltlve assertion can be
made that when Gaynor and Murphy
separated there was a mutual under
standing between them that the Demo
cratic caucus would name either Shep
ard or Sheehan.
"LOAN SHARKS" MUST GO
Chicago Business and Labor Men
Join Hands in Demand.
CHICAGO, Dec. IS. (Special.) The
commercial organizations and labor
unions are planning to join hands In a
concerted movement to drive . "loan
sharks' out of Chicago. For the first
time representatives of capital and labor
and of various organizations, which have
attacked money-lenders spasmodically In
years past, will unite forces and agree
upon 'a definite plan of crusade.
It is probable the Chicago Associations
of Commerce will take the Initiative In
the movement and will call a conference
on the subject soon after January 1. The
organizations which will be Invited to
Join are the Commercial Club. Industrial
Club. Chtcaso Legal Aid Society, City
Club and the Federation of Labor.
MINISTER. IS SWINDLER
Term in Tacoms Jail Regno for
Passing Bad Checks. -TACOMA.
Wash, Dc. 1 (Special.)
Rev. II. IX Stanley, who has occupied
pulpita In Grand Forks. X. D- Seattle.
Tacoma. Cle-EUum and other cities. Is
In the County Jail serving out a j:50
fine for passing bogus checks In Ta
coma. Stanley la a regularly ordained
preacher and had charge of one of the
largest Methodist churches at Grand
Forks, leaving the pulpit for the lec
ture platform. Since coming to the
Pacific Coast he has got his picture
Into the rogues' gallery and has been
In the hands of the police several times
for pssslng bogus checks st Everett.
Seattle and elsewhere. He pleaded
guilty In court today.
T
OPEN TO INVASION
Militia Force too Small,
Says General.
STATE UNPREPARED FOR WAR
Fortification Lacking From
San Francisco to Oregon.
MOBILE. ARMY NECESSITY
Adjutant-General Laurie Regrets
Failure of Armory Board to Ex
pend $420,000 Appropriated
to Aid State Militia.
SACRAMENTO. Dec. 19. The Califor
nia roast Is totally unprepared for war,
believes Adjutant-General J. B. Lauck.
on account of too small a militia force,
which has been' kept small through the
failure of the Armory Board to expend
fUO.000 which was appropriated at the last
Legislature for an armory and equipment
In San Francisco. -
"We should have 1$ companies of coast
artillery. 14 of them at San Francisco,"
said Lauck today, "whereas at present
we have but nine, aeven in San Fran
cisco snd two In San Diego.
Housing Facilities Lacking.
"Our great dlfTaclty Is not In organ
izing, but rather In aecurlng housing fa
cilities, ir we had buildings suitable for
housing and taking care of organisation,
similar to those they have In other large
cities; there Is no question in my mind,
but that we would hare full ranks and
more men than we really need.
. "Saa Francisco hss the best fortified
harbor in the world, yet. how far do we
have to go to see another fortified place
on the Coast? The next fortified place Is
down at San Diego, 600 mlloa distant.
Again, on the north we have to go clear
up to Oregon, to the mouth of the Colum
bia River, before we find more fortifica
tion. 'I aee nothing to prevent transports
from landing troops anywhere be
tween those points and coming inland
and taking possession of all the trans
portation lines and passes. Who or what
Is going to stop them?
Mobile Array Necessary.
"Tou have got to have a mobile Army
to do these things and you have not got
sufficient men in your present Army.
"There could not be more than 9M0
men of our Army landed about the Coast
here In two months' time.
"I am not at all an alarmist ' I don't
say that there will be war or anything
of the kind, but I know, as every mili
tary man knows, that we are not prop
erly equipped."
General Lauck also bellevos that the
antipathy of employers toward having
their employes serve In the state mllltla
Is doing much to retard the growth of the
organ Isation.
CA 0R1C0AS
........... ....... ---
t "DEAR ME! I FEAR I'M TOO SHORT."
THE OEEGONIAN'S SEMI
CENTENNIAL. In order that the fiftieth an
niversary of the date on -which
The Oregonian (daily edition)
was founded may bo appro
priately celebrated, the issue of
February 4, 1911, will be the
largest, most elaborafe and most
perfectly illustrated edition ever
published by The Oregonian.
This edition trill take the
place of the usual New Tear's
number. In addition to many
interesting and important his
torical features, the number will
describe in authentic form every
phase of Oregon's industrial
growth and opportunity. Sep
arate articles will deal with the
resources, climate and varions
other attractions presented to
homcseckers by each of the 34
counties of the state. The re-,
view of Portland's progress for
the year, as usually found in the
New Year's number, .will be
published in the semi-centennial
editiop.
The date of this great anniver
sary number of more than 100
pages will be February 4, 1911.
4 GIRLS SAVED FROM TIDE
Captain Rescues Fair Rowers as
TJnmaungcablc Craft Drifts to Bar-
SEASIDE, Or- Dec. 19. (Special.)
While rowing In a small boat near the
mouth of the Necanlcum River yester
day, Carrie and Mabel Stevens, Jean
nette Endgoll and Olive Davis were
only saved from drowning when they
lost control of their boat and were
heading for the bar at a lively rate by
the timely arrival of Captain George
IL Smith.
The young women hired the boat
from the captain early In the after,
noon and atartcd toward the mouth
for a row. The tide had turned and
the water was receding very fast.
As they did not return in the course
of two hours, the captain concluded
aomethlng was wrong and speeded hla
launch Lucille toward the mouth.
When he reached the mouth, he could
see the young women vainly trying to
reach aliore, and lie knew It was Im
possible, as the wster was rushing
madly out through the narrow channel.
He rushed to their assistance and
pulled them aboard the laun.-h. The
rowboat drifted out to sea and was
picked up on the beach this morning.
15,000 CANDLES BURNED
North Yakima Gets Power Back
After Two Nights of Darkness.
NORTH YAKIMA, Wash., Dec. 19. A
broken flume In the Naches power-house
of the Pacific Light & Power Company
has been repaired and the current was
turned on at 7:30 o'clock tonight. In nearly
M hours, since Saturday morning, the
email steam plant was the only source of
power.
Fifteen thousand candles were burned
in stores, hotels and well-to-do residence
sections Saturday snd Sunday nights It
caused a heavy loss to merchants' holiday
trade, there being much thievery In the
pooily-lighted stores.
....... ...... . .i.ti.... .tt''
N ElV YORK SHAKHN
BY BIG EXPLOSION
Nine Killed Outright,
125 Are Injured.
ELECTRICITY AND GAS FLASH
New York Central Powerhouse
Scene of Accident.
ZONE OF DEATH IS WIDE
99,000,000 or $3,000,000 Is Estl
"inated as Loss in Blast Street
car Hurled From Tracks.
Woman Speared In Head.
NEW YORK, Dec 19l A terrific explo
sion of illuminating gas In the auxiliary
power-house at the Grand Central Sta
tion, which "sent a tremor along the en
tire rock backbone of Manhattan this
morning; caused the death of ten per
sons, two of them women, the Injury of
123 others and property damage estimated
at from $2,000,000 ot $3,000,000.
Fire broke out In the shattered ruins of
the power-house again late tonight, but
with a corps of police, searchers and
firemen on the scene, the blaze made
little headway before beln; checked.
It was a weird; scene In and about the
station as the night wore on.
No addiltonal bodies were found; but In
a hospital Gut her Johnstone, an eiectrl
clan, succumbed to terrible Injuries re
ceived in the explosion, bringing the
death list up to ten.
Traffic Is Disorganized.
Traffic on the New York Central Rail
road ceased entirely for some hours and
was disorganized for the rest of the day.
but the new station Itself, now In process
of construction, . was not damaged. 'The
dead:
NICOTJ GAt-UCCI. laborer.
PATPICK JOIID.VN. labors.
E. B. I.IVBKMORE. Pullman ear Inspector.
C. M'M ARROW, laborer.
KDITH OFFNER, stenographer.
MART B. POPE, of Boston. Mass.
CHARLES ROBERTS, -expressman.
FRANK STAUG. watchman.
JOHN RT AN. laborer.
OUTHSR JONSTONE. electrician.
The Injured include laborers and other
employes of the railroad, pedestrians, by
standers and others In the vicinity of the
accident
Streetcar Hurled Aside.
A passing surface-car carrying seven
passengers was lifted from its tracks and
hurled against an automobile running
alongside. Four of the seven passengers
were killed outright, but the chauffeur
of the motor-car was only cut and
bruised.
Of the nearly W in hospitals, the fol
lowing are most seriously Injured:
Unidentified woman, fractured skull.
Michael Ryan, fractured skull and In
ternal Injuries.
Yetta Abrahamson, fractured skull and
internal injuries.
Theresa Lotta, fractured skull and
shoulder.
(Concluded on Pace 3-)
BIG GROWTH SEEN
BYSCHOOLCOUNT
PORTLAND'S POPmVTIOX IS
09,320 BY BSTIMATE.
Increase inr Number, of Persons of
School Ago Since Last Figures ,
Were Given Ont Is 3378.
As an indication that Portland dur
ing the past 12 months has made its
largest gain In population for any one
year Is shown by the estimate of the
school census, given yesterday by R. H.
Thomas, clerk of the Board of Educa
tion. According to the estimate, the city
has 35,763 persons of school age. This
shows an increase of 3378 over the to
tal of last year. Multiplying by 6.4,
the total population of the city would
be 209,320. The United States census
gave Portland 207,214. '
The increase in the school population
for 1909 over the previous year was
1500, wi .oh up to last year was the best
record the city had made.
This year all previous records are
left far in the rear, as the Increase Is
over 45 per cent above the high mark
established last year.
"We have not completed the work of
checking up the reports, but are far
enough along to base a reasonably
close estimate," ald Mr. Thomas. "We
expect to have the checking done to
day. I do not believe the final, count
will make a difference of 50 either In
excess of or below the estimate. The
unsually large Increase in the city's
school population is gratifying, yet it
will mean that the city will have to
provide for more extensive accommoda
tions for our pupils In the Immediate
future."
GALLAGHER CASE IS UP
Gaynor's Assailant Will Be Tried on
Edwards Charge First.
JERSEY CITY, N. ji, Dec. 19. James
J. Gallagher, - who shot and wounded
Mayor Gaynor on the deck of a steam
ship at Hoboken, N. J.. August 9, will
be arraigned here tomorrow for trial
on an indictment charging felonious
assault on W. H. Edwards, New York's
commissioner of street cleaning, who
stood beside the Mayor and was slight
ly wounded at the time of the shooting.
' Counsel - for Gallagher, Alexander
Simpson, said today he would apply at
once to have his client declared insane,
.The Edwards Incident is to be
brought up first because the prosecu
tion desires to be certain of the effects
of the Mayor's wound before proceed
ing to trial. For that reason, the
statutory year and a day probably will
be allowed to elapse. .
INDEX OF TODAY'S NEWS
Tha Weather.
T-ESTERD'AY'S Maximum temperature, 44
degrees; minimum, US degrees.
TODAY'S Increasing cloudiness: southeast
erly winds.
Foreign.
Capture of General Kavarro and defeat of
Federal troops In Mexico reported.
Page 5.
Insurgent Chinese Senators plan to force
throne to create Constitutional Ministry
Page 4. . ' -
Rational.
Senate combats Sherman's effort to apply
Cloture measure. Page 3.
Senator Frazier, of Tennessee, denies he
signed the report "whitewashing" Sen
ator Lorlmer. Page 2. .
politic.
Governor-elect Wilson to take stuYnp
against Smith in Senatorial fight. Page .
Loss of Selling strength' for president of
Senate changes M ultnomah delegation's
plans. Page 9.
Domestic.
Edward Douglass White takes oath as Chief
Justice of United States Supreme Court.
Pago 3. ...
Railroad machinists settle strike on com
panies' terms. Page it
Mysterious voyage of former United States
. gunboat started from New Orleans.
Page a.
California Coast open to Invader, declares
Adjutant-General Lauck. Page 1.
Mrs. Ella Potts, formerly of Portland,
charges fiance, Robert Lauder, with
. treachery. Page S.
Gas explosion in New York kills 3, Injure
l'-!5. ana causes enormous pruperiy iu&s.
Page 1. f
Sport.
Officials of Christmas ewim named; Representative-elect
Lafterty to speak. Page 8.
Father Gallagher defends Columbia prepara
tory school's eligibility in a true ties.
Page 8.
Pacific Northwest.
Six hundred children march, as in drill,
from burning school. Page 1.
Adverse pre-natal Influences are pleaded In
defense or Kitzvnie, vvasiu. woman
slayer. Page 5.
The Commercial Bank, of Vancouver, Wash.,
closes, owing aepositors ii.wwu.
Page 7.
School directors of State of Washington ex
pend $11,000,000 annually, causing cry xor
reform. Page 7.
1 Commercial and Marine.
American hop markets are oversold. Page 21.
Grain stocks piling up at principal centers.
Page 21.
Stock demand active with prices advancing.
Page 21.
Cold weather and rains, halt towing of logs
till Spring opens, page 20.
Holiday demand strong at stockyards; all ;
lines Arm. fas 3 -L
Portland wad Vicinity.
Kerah jury, still out, more tangled than I
ever. Page 15.
School board recommends C.7 mill tax; in- j
crease of 1.7 mills, page 14. j
Chinese, in effort to destroy lottery evidence,
set fire to building. Page 12. 1
Chamber of Commerce notified that Inter- !
state Commerce Commission will Inves- !
tlgate all express companies. - Page 1
Portland's school census gives city total j
population-of 209.327. Page 1. !
Ten arrests are made under grand-Jury In
dictments; more to follow. Page 0.
Tracks will be standardized today, aa Haw 1
thorue bridge Is ready. Page 16.
Arch opponents on wool tariff may claslx J
at farmers convention, page 14.
Press Club "A Night Off" great success.
Page 13.
Unofficial public service commission named
by Civic Council. Page 4.
Cltv of Portland will authorize two bond
issues, aggregating $i,0oO,00O. Page 11,
Mayor declares Hawthorne bridge open for
traffic. Page 16.
Mazamas will visit Chelan region of Wash
ington next Summer. Page 16.
County CVurt decides Cliff Inn roadhous
most stop selling liquor. Fags 20.
EXPRESSBUSINESS
IS TO BE PROBED
Early Federal Inquiry
Is Promised.
PORTLAND JOINS IN DEMUNO
Entire Readjustment of Rates
Declared Necessary.
ALL COMPANIES INVOLVED
V. S.. Smallwood Describes, Situa
tion and Says Action "Is ofHuge
" Interest to Pacific Coast
Because of Distances." , ?.
WHAT EXPRESS COMTAJIIES
KAIV.V.
Aggregate capital of lead
ins four express com
panies 9 36,000.000
Assets, gross 119,564,053
Invested in mortgages. 1
bonds, etc 60,8T4,9
Paidallroads 48,865,082
Receipts for terminal de
livery S3.244.11T
Net capital involved 11.9S5.29.1
Net earning., said to be... 7.T14.439 -
"All express companies of the United
States will be thoroughly investigated by
the Interstate Commerce Commission In
a hearing, the date of which will be fixed
in a few days."
Such is the Information given in a
letter received yesterday morning; from
Secretary Mosley of the Commission by
the transportation committee of the Port
land Chamber of Commerce.
This action Is regarded as the most im- .
port ant step yet taken by the Commis
sion since it acquired additional authority,
under the amended act. .
. i
Millions Are Involved.
, It involves mllloos of dollars' worth of
capital and will be far-reaching, accord
ing to the belief of the members of the
Portland Chamber of Commerce.
The decision of the Government to in
vestigate the express companies upon its
own initiative lei a step somewhat new
in railway circles and some remarkable
developments are anticipated.
The action was brought about through
the application of 2M Chambers of Com
merce throughout the country. Including
Portland, which did not desire to bring
an action In their own name but sug
gested that an open Investigation be made
Independent in character by the Commis
sion itself.
Charges Are Stated.
The Investigation is based upon these
charges:
First That the returns from capital
actually and necessarily employed in the
operation of express service are from 43
to 115 per cent, or more.
Second That the rates which yield
these excessive returns should be re
duced to a basis which would affect only
normal - commercial profit on the' fair
value of property employed. '
Third That the present basis of rates,
besides being excessive, is false and un
just, because it Imposes widely varying
charges for nearly Identical services.
Fourth That the entire system of rates
should b readjusted on a basis which
provides for: distance graduated on weight
and scale; terminal charges, based on
wagon service; charges for care, based
upon cost of such service.
Sweeping; Inquiry Planned.
For years a spasmodic investigation of
express rates in the various states has
been made and local charges have been
reduced, but the purpose of this National
Investigation is to bring about a better
knowledge of the express companies'
affairs. Proceedings attacking the justice
and reasonableness of rates have been
brought and are now pending in Wis
consin, Minnesota, Iowa, Illinois, Indiana,
Kansas, Montana, New' York, Massachu
setts and New Hampshire.
In July of this year an investigation of
express rates was made in Oregon by the
Railroad Commission, . which ordered a
reduction of 20 per cent on about 30,000
rates of the Wells-Fargo. Express Com
pany between points on - all rail lines
where the company docs business in this
state.. The decrease went Into effect
October 1.
Coast Rates Analyzed.
'The action of the Interstate Com
merce Commission," W. S. Smallwood
said, ."is of huge interest to the Pacific
Coasr, for the reason that, in our ex
press business, we have long distances
to contend with. It appears, acoordintr
to investigations made by experts, that
the capital actually employed in ex
press operation, as distinguished from
investment operations, earns net re
turns of from 43 per cent to 115 per
cent, or even more, the true earnings of
the express companies being concealed
by the Imperfect separation of express
and Investment capital.
"Take the rate to the Pacific Coast
from New York. The charge is 114.50
per hundred pounds. Of this amount
the railway company receivea 16.91 for
carriage, while the express company,
for delivering It from the depot to the
consignee, gets 7.58.
"It is just such rates which tha In
"" (Concluded on Pas .) "