pra; MOTtxryo onEGoyiAy. Wednesday. January 3p3-
10
HEW BANK SYSTEM
DEEMED PANIC FOE
will reasonably soon become ths finan
cial center of the world, there will
never be any occasion to draw on Eu
rope for gold reserves In any con
tingency and there will never be any
more panics."
Mr. Cookingham explained some of
ths details of proposed organisation,
but on account of lack of time he was
unable to discuss these featurea fully.
Me will again address the Rotary Club.
January 21, on ths same subject and
will point out tbe advantages to bs
gained by the Northwest from the pro
posed monetary system.
Postmaster Merrick will be ths
cbalrman of tho meeting next week,
when the Greater Portland plans will be
presented before the cluo. Mayor Rush
light, members of lbs City Council and
of ths Executlvs Committee will at
tend. ,MJLa VV 11 lunula iuiLini
Edward Cookingham, of Ladd
& Tilton, Explains Proposed
Plan to Rotary Club.
nf Samtnle Coats Suits. Gowns and DressesA sacrifice sale of phenomenal magnitudeReductions unheard of for classy
, Of Sample pau,auiis,u WQicTC pottirftats rrv Onpra Coats. Party Gowns and Dancing FrocKs Nearly every
&nUn WcZn the dollar of the original manufacturer's cost-Cost or orig.
garment m mis siore regarded in this sale Our only aim is to clear them out
1AMCE SAL
ANTIQUATED WAY DECRIED
Method of National Monetary Com
mission to Come Before Confuse
I Praised Paaace for
Union's Financial Concerns.
Pointing out the various delects of
tho present monetary system In this
country and declaring- that the United
States Is ths only enlightened nation
In the wiirM that employs crude snd
antiquated nankin methods, Edward
Cookingham. of the Ladd TUton
Bank, yesterday declared before the
Portlsnd Rotary Club that the only
solution of the Important problem so
far advanced lies In tne adoption of
ths proponed monetary plan which Is
to corns before Conirress this year.
Tbe speaker explained various fea
tures of the legislative plan of the Na
tional Monetary Commission, carefully
analysing; ths details and Illustrating
the functions of the proposed system.
He said lis adoption virtually would
be the panacea (or money panics and
that the financial and commercial con
ditions of ths country would take care
of themselves automatically through
ths operation of this plan. He de
clared that In no way would It bs pos
sible for politics to dominate or In
fluence the workings of the Institu
tion. Weak System Deerled.
-Ths banking power of ths United
States Is fortified, by the Immense sum
of :.000.000.0 and Is greater than
that of England. Francs and Germany
combined, and yet we have the weak
est, crudest and most defectlvs bank
Ins; system In ths world." said Mr.
Cookingham. "It is the very weakness
of the system which has made us suf
fer costly money panics In ths past.
When capital becomes sensitive It . la
the bankers who are first to lose con
fidence. Tba banks are dependent In
Umea of emergency. This condition
exists on account of the lack of co
operation and because of antiquated
banking laws, of unwleldly notes and
of our currency system, a relic of the
Civil war.
"in passing through periods of de
pression la times past. It la remark
able that ws have been able to storm
ths rocks of financial disaster. It has
remained for the sober-minded senti
ment of our people and our great nat
ural resources to bring us to the aur-
-Nothing Is mors vital to ths wel
fars of our people than a banking sys
tem that will withstand ths hardest
tests. The plan proposed by the Na
tional Monetary Commission contem
' plates a system that will bs as strong
as the Hank of Kngland and ths bank
ing power of rance and Germany
combined.
Reserve AaseetatJea Is Plaa.
-In Kurops ths great banking power
la controlled by private Individuals.
Our plan will differ from that by the
formation of a National reserve asso
ciation. This will provide for a great
reserve power to be participated In by
ths various National banks, with a
guarantee of the Government behind
It. I'nder this plan local prejudices
ars eliminated and mobilized reserves
are vitalised, making thla power ef
ficient In cases of emergency.
There Is no question In my mind
that If this plan Is adopted America
VENISON SELLERS FINED
miTcrslty Clnb Steward and Res
taurant Man Taxed $100.
C. Wlddershertm, steward of the Uni
versity Club, and Jacob Freeman, pro
prietor of a restaurant, pleaded guilty
yesterday to ths charge of having door
meat and ducks In their possession In
violation of the Oregon game laws, and
were fined 1100 each by Justice of the
Peace BelL M. C. Mace and J. C. Green,
of Mace's Market, also appeared before
the magistrate They pleaded not
guilty to ths chargs of having deer
meat and ducks In thoir possession.
Their trial was sot for tomorrow after
noon at X o'clock.
Charles Wright. M. C Dickinson and
E. E. Larrimore. of ths Oregon Hotel,
also pleaded not guilty to the same
charge. Their trial was set for Fri
day afternoon at t o'clock- R. w.
Schmenr. Mrs. Theodore Kruse and M.
Koffslder, of Louvre Cafe, also entered
pleas of not guilty of the charge of
violation of the stats game laws. They
will bs tried Saturday afternoon.
These cases are the result of raids
made by Warden Flnley and his as
sistants on a number of hotels and res
taurants a week or two ago. when
ducks and deer meat were found by the
authorities in tne com sior
ln violation of ths game law. The
season when ducks may be sold closed
December 15. The deer season closed
December 1.
Y. M. C. A. MAN PROMOTED
W. A. Sellwood, of Poeatello, to Take
Charge at Ashcroft, B. C.
W A. Sellwood. a graduate of Ore
gon Agricultural College, who has been
assistant secretary - of the Poeatello.
Idaho. Young Men's Christian Assocta
. i h kern transferred to ths Indus.
trial Y. M. C. A. at Ashcroft. B. CX,
where he will have chargs of ths as
sociation. The Ashcroft V. M. C. A. Is
on a kranob Uns of ths Grand Trunk
Pacific, new under construction. Twohy
Bros., of Portland, are the contractors.
Mr. Sellwood had charge of a T. M.
C. A. car In the construction camps of
Deschutes Canyon last Summer. The
Association work along the Deschutes
has been abandoned, as the two rail
roads ars practically complete. L B.
Rhodes Oregon-Idaho secretary of the
T. M. C. A-. reports that It was one of
ths most successful efforts that tbe as
sociation has made In connection with
eonstruction enterprises.
The T. M. C. A. work at Celllo Canal.
Mr Rhodes reports, now Is prospering.
It Is In chargs of F. N. Morris and Is
conducted In a building erected by tho
Government.
Astoria's Rainfall Below XormaL
ASTORIA. Or, Jan. x. (Special.)
While December was generally consld-
. . ....... v. MNirdi In
rva m wwi uivu.u.
Weather Observer Gllmore's office
show that the ramrau was coniiurr
ably less than normal for that month.
Ths total precipitation during Decem
ber was 1 Inches, which Is 1.S3
lnchess less than the average of ths
corresponding month of previous years.
There were i'S days on which rain fell,
and ths greatest amount of precipita
tion during any !4 hours was i-il
Inches, on December S7. The rainfall
during the month of December In 110,
a year ago. was jv.w
"THE GAMBLERS" HEAD
LIKES CHANCE GAME
Paul E-erton. Leading Man, Declares That, in the Part. He Patronised
Bookmakers Now He Prefers to Invest Coin in Eeal Estate.
BT LEONK CASS BACR.
IS a raught-on-the-run "gabfest
with Paul Kverton. leading man In
-The Gamblers." that well-fed. ntce-Iv-krpt
looking young man acknowl
edged that he was six Innate gambler
and furthermore asserted that he
thought everybody else in the world
was one. the only difference being he
wasn't afraid to say so.
"Now don't rish Into print with ths
siatemrnt that I advocate gambling as
a protrusion, or even as a pastime, for
I certainly do not" (emphasis on the
not), he admonished aa 1 began to eat
up what he was saying.
"1 only mean that in common with
all normal people. I drluht In real
amra of chance. It's Inherent In hu
manltv. I've taken my chances along
with the others and enjoyed .loins It.
but that is all In the past now.
SU Meat 1-et tilaa.
-Ther Is a Mrs. I'abl Kverton. who
doe. not particularly relish my con
tributing to the perpetual support of
bookmakers and namhlers. Now I'm
satisfied to let my earnings work- for
tne.
-I put my money In the rround. In
real estate. It takes lonirer for It to
grow, but It's surer and, believe me. It's
safer." ,
Mr. Fverton did not deliver hlmseir
of all 11:1s flow of chatter In one breath.
ar be It from such! It came on lbs
cafeteria plan, a word he.e. another
there and occasionally a generous al
tntt chapter.
Ths poorest gambler of all Is ths
stork speculator." came another alics
of interview. -That gambler gives up
more vitality and nerve energy to Ms
winnings and losings than In any other
game of chance.
Pit Cited aa Eaaasple.
"As an example, go to the stock pit
and watch ths frensled hundreds with
quivering fingers in miu-air. bidding
tor stocks. Why. its snother Ucd
lam: they look and act like maniacs.
Oa ths other hand, take ths race course.
Kvery man likes tbe ponies. I know
I do. It's such a nice quiet gams of
chance. With one glad shout "They're
off.' you can settle down and enjoy
the actual race, with scarcely'any more
heard until the home stretch, when
yon begin to shout for your horse to
rome home. No loss of vitality or
nerve force In that gamble, is there?"
-Even at the gambling table I don't
believe men use as much stored-up
strength as In ths stock pit and often
ths latter has ne bigger games. I'vs
seen right here In the Northwest grest
fortunes made and lost In one svenlng.
a quiet game, too, often In almost si
lence. It's ten yesrs ago since I be
gan coming eut to the Pacific Coast
and ths olden days were In almost all
things out this way a game of chance.
Ths towns were taking chances, pros
pectors, folk coming from the East.
everyboOjr. It was sot perhaps day
,........'
- ::
.-,
J hi , V " ; ::
. v 7
v; I
j :
Paal Kvertea.
a....................'....
of frensled finance, as the term applies
today, but then ss now the people, snd
particularly In these cities building up
on the Coast, were prone to go to the
extreme to gain certain points, and an
over-indulgence In speculation along
all lines was a condition prevalent In
the Northwest."
Actor Praises Portland.
Mr. Evertoa speaks In glowing trib
ute of the great strides Portland has
been making In the ten years he has
been coming here and speaks especially
of the great change In her theatrical
enterprises.
"Ten years ago Portland was not
considered a very good place for first
class attractions to patronise," he said
frankly.
When I said I would put It In blsck
and white hs said be didn't care, for
anybody else who played bers ten
years ago would say the same.
-But please put also 'In black and
white.'" hs smiled, "that today Port
land la regarded as one of the very
best theatrical cities In the United
States, I can say that your Helllg
Theater Is ons of the handsomest In
listen not alone the United States, but
the world. You can have that last
Uns set in capitals, too," hs affirmed
earnestly.
"A mlghtly delightful thing, too,
sbout It." be continued. -Is that Mr.
Helllg has not only gtven his personal
attention to the comfort of the audit
ors, but to the player, rarely an ob
ject of consideration, behind ths
ececsa,"
New Yeais Sale of Dresses
Evening Gowns, Dancing Frocks,
and the little, simple serge and
office and everyday wear.
$100.00 Gowns 50.00 $25.00
$ 75.00 Gowns $37.50 $20.00
$ 50.00 Gowns $25.00 $15.00
$ 30.00 Gowns $24.95 $12.50
Sale of Muslin Underwear
40c Corset Covers 15- 35c Drawers. ... .15
50c Corset Covers 19 '40c Drawers 19
75c Drawers . ..... . ... . .29t
... . . 3iJ
59?
.. 89
89?
Sample Coats and Suits
Lot No. 1, $7.95
85 Suits and 40 Coats, all samples
and no two alike. The biggest
bargain any Portland (j7 AC
store has ever shown $4 vO
Sample Coats and Suits
Lot No. 4, $20.00
In this lot is congregated im
ported models, very fancy em
broidered and braid trimmed.
Sold regularly from
$45 to $55. Choice
The Store for Everybody and Everybody Welcome
WORRELL'S SAMPLE CLOAKS and
N. L Corner Sixth and Alder Streets Opposite Oregonian N. E. Corner Sixth and Alder Streets
$20.00
Party Dresses,
fancy wool for
Gowns $18.45
Gowns $11.95
Gowns $ 8.95
Gowns $ 6.95
75c Combination Suits
$1.00 Combination Suits
$1.25 and $1.19 Combination Suits
$1.50 Night Gowns
50 sample Tea Jackets, worth up to $2, at. . .39
Waist Sale
Every style Waist that is produced; white, silk,
all colors and kinds.
Slightly soiled $1.00 Waists. .. ......... . .29
Slightly soiled $1.50 Waists. .. .-...:.i.J...:.,.:.i. . -39?
Slightly soiled $2.00 Waists . .:. . .69
The Store for Everybody and Everybody Welcome
mm
SUITS
NINE SIGN DRAFT
Charter Plan Filed by Part of
East Side Committee.
ALL IS NOT APPROVED
Provision Beta Forth That Lewfram
ers Feel It Their Doty to Submit
Work Six Hold Back Two
Set. A'oiv With Council.
Nine members of ths People's (East
Bide) charter committee yesterday af
fixed their signatures to the draft
framed by them and sir others and
filed It with City Auditor Barbur.
They attached to the document an ex
planatory note, saylnir. In effect, that
they do not favor a few of ths provi
sions Incorporated therein.
The explanation reads thst. while
ths members slRnlnr ths proposed
charter do not favor all its provisions,
they nevertheless feel that It is but
their plain duty to the Council to file
their work and thereby giv to the
members ths result of their labors, for
whatever purpose ths Council may
wish to use It.
Those slirntcg- ths document were:
R. W. Montarue. IL O. Parsons. George
Blsck A. O. Carpenter, D. V. Hart, A.
E. Clark, T. M. Hurlburt. A. L. Bar-
. m I ci n . s TK. aamA mam.
our lou r . "l " " ,
bers signed ths preferential voting I
grsiera I'ruviniuu, " ..... i . . .
should be filed as a separate paper en
tirely, to be so placed on- the ballot.
This was to five the voters an oppor
tunity to say whother they favor that
plan.
At the last refrular meeting of ths
commiiico, fcww -
to reach an understanding as to what
they should do and the session ended
unsatisfactorily. Ths members 'who
signed the charter draft yesterday de
cllnd that It was best that they
IIIOUIU 1 1 tB mcir " '
mlj win av ..." .
tee ( the City Council this sfternoon
lor consideration, wnn me uihw..
C. B. 8. Wood "short charter" docu
ments. This will rive ths special commit
tee the work of ths two committees,
out of which to compile a new draft,
in case the members decide to proceed
along thoKe lines.
Those who declined to slfrn the pro
posed charter, which it took months
to frame, are Dr. Harry Lane. ex
Mayor: A. D. Crtdse. who was also in
terested in the C. E. S. Wood short
charter: Dr. C. H. Chnpman. who was
a member of the proposed commission
charter submitted to the people more
than two yesrs ago; W. C. Benbow.
Henry B. McOinn and Isaac Bwetu
Differences of opinion regarding vi
tal points, such ss the election or ap
pointment of officials by the commis
sion, led to ths disagreement of the
members and the subsequent chaotio
situation now existing. For the pur
pose of endesvorlng to harmonise
these things, the Council authorised
the appointment of a committee by
the Mayor, and this committee will
take up Its work this afternoon at X
o'clock.
elated with Mr. Btackhouse In meetings
In Massachusetts ana otner iu
Two meetings will be held, at 10 and
2 o'clock, January 18, at tho Whits
Temple. . The object 1b to enlist ths
efforts of men in church work.
The two men ars touring the Coast.
Boise, Spokane, Seattle, Tacoma, Port
land, Medford, San Francisco and Los
Angeles being on their itinerary.
Mr. Stackhouse was born at Bloom
field. New Brunswick, February, 1865.
After uniting with a small Baptist
Church at Saltsprlngs, he asked to be
allowed to preach, and was give
charge of two small churches for -a
month, after which he was told hs
could remain If he could obtain sup
port. He was then 19 years old. Hs
remained with the church for two
years. Later he attended Morton aciq
emy, at Wolfvllle, and Acadia Univer
sity, where he was graduated In 12.
In 1S5 he took charge of the First
Baptist Church at Vancouver, B. G.
and in 18sl. with the organisation of
the British Columbia Church Extension
Society, hs was made Its secretary, in
addition to caring for his pastorate.
The British Columbia Baptist conven
tion succeeded the society, and ha be
came the head of the convention. In
1901 he began work as superintendent
of home missions In Manitoba and ths
Northwest. As general secretary of
the laymen's movement, hs is still re
quired to traverse the entire Canadian
territory.
ZOO TO GO TO ROSS ISLAND
Resident Near City Park Declare
Noise Is Xoisance.
If the olty purchases Ross Island at
the coming special election. It Is likely
that ths soo at the City Park will be
moved to the Island next summer. At
a meeting yestsrday of ths Park Board
the plan of placing the animals In pens
and corrals was considered and mem
bers of the board considered ths Island
the proper place for a modern soo. Ths
animals at the City Park ars said to
bs a nuisance because of ths noise they
make in the early morning.
It has been suggested that they be
removed to Fulton Park, in the south
ern part of the city. The many resi
dents of this section probably would
oppose the zoo. Ross Island Is a con
siderable distanoe from any residences,
and It is thought furnishes an excel
lent place for the animals.
Cpon recommendstion of City Attor
ney Grant the Park Board yesterday
denied the request of residents about
Governor's Park to extend Davenport
atreet through ths park. The tract
was given to the city by ths late Gov
ernor Pennoyer. and City Attorney
Grant says no part an bs nsed for a
roadway.
RENT A NEW PIANO.
New pianos to rent at 14 per month;
rent allowed on purchase. The Wiley
B. Allen Co., cor. 7th and Morrison.
Coal $ up. Relief sen Fuel Co.
MINISTERS T0BE GUESTS
White Temple Dinner to Honor Two
Big Baptist Clergymen.
Rev. W. T. Stackhouse and Rev. F.
W. Pade'.ford will be the speakers at
a dinner to be served at the White
Temple, at 7 P. M.. January 17. In their
honor. Mr. Stackhouse is genersl sec
retary of the Baptist Laymen's Move
ment, while Mr. Padelford Is state sec
retary of the Massachusetts State Bap
tist CooveaUan, U ba feeaa
THREE VERDICTS
Emphatic Harmonious Judgments
on a Matter That May
Concern You.
"I find Oiomulslon better than another
emulsion I have taken and I shall use
Ozomulslon hereafter."
"Our Httls boy could not digest other
emulsions, but Ozomulslon has wonder,
fully Improved him."
"I bad been taking another emulsion
sines I had Pneumonia, but I was so
much pleased with the agreeable taeta
and the good effect of Ozomulslon that
hereafter I shall take Ozomulslon only."
Extracts from three letters la one
mall. v
Other malls bring similar testimony
to the superiority of Ozomulslon in
taste snd curative effect over all other
emulsions cJr Cod Liver Oil now before
the public.
Ka semmejit U MSsdw
WWmiS . boles of the case
flrjPlsrfPf We Jo
xwxvyw' y k- ut the case is oter
Mil - ' ' ' J f E-'r T. M JL
ft W
rewer Knows tnis
even the nand-
to lceef) out
more. We fmt
rown Bottles.
not soil when
.1 1 .
i even thougn
It he for months.
It is only natural that
Schlitz in Brown Bottles
should he the home ; heer.
The Brown Bottle protects
Schlitz fmrlty from the
brewery to your glass.
' See that crown or cori
is branded "SchntzSH
Phones135
Henry Fleckenstein & Co.
204-206 Second St
Portland, Ore.
he oeer
TimtMade fyU.mu!iee famous