Morning Oregonian. (Portland, Or.) 1861-1937, August 29, 1913, Page 5, Image 5

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    CAUCUS IS PLEDGED
TO CURRENCY BILL
House Democrats Agree on
Form in Which Measure
Is to Be Introduced.
BANK NOTES TO RETIRE
National Banks Compelled to Be
come Members and State Banks
Permitted to Do So Early
Action Is Probable.
waktttvotov. lue. 23. The Ad
ministration currency bill, after three
weeks of discussion, was finally ap
proved by the House Democratio cau
cus tonight by a vote of 163 to . The
nine dissenters were Represetftatlves
Henry. Eagle and Calloway, of Texas;
Hardwick. of Georgia; Lobek. of Ne
braska; Buchanan and Fowler, of Illi
nois; Neeley, of Kansas, and Slsson. of
Mississippi.
After agreeing to the bill the caucus
iinntni n resolution by an almost
unanimous vote, declaring the bill to
be a party measure, and tnat mem
hr of thl caucus are pledged for the
bill on Its final passage without
amendment, provided, however, tne
banking and currency committee may
offer an amendment In the House.
Reserve Section Clarified.
The feature of today's session was
the adoption of a committee amend
ment as a substitute for the section
on bank reserves which In effect sim
ply served to clarify the section as
originally drawn.
The measure will be re-Introduced
In the House tomorrow by Chairman
Glass and referred Immediately to the
banklne and currency committee,
which will meet next Tuesday. It is
expected the bill will be at once re
ported back to the House.
The measure as it stands after adop
tion by the caucus, is summed up by
Chairman Glass, who piloted it tnrougn
the caucus, as follows:
The bill establishes 12 regional re
serve banks with a capital of not less
than 15,000.000 each, to which national
banks are required to contribute an
amount equal to 10 per cent of their
own capital stock and to become lia
ble for an additional 10 per cent in
case of can. This, it is estimated, will
k-Ivb the regional reserve banks a com
bined paid-up capital of $105,000,000.
These regional reserve banks also are
made custodians of a large part of the
reserve money of member banks, esti
mated at about S410.ooo.ooo in tne ag
rrente. Thev also receive the Govern'
ment deposits, estimated at from 150,-
000.000 to $250,000,000.
Federal Board Powerful.
After the whole system of regional
reserve banks Is to be a Federal re
serve board, consisting of seven mem
bers. This board will have extensive
powers of supervision, examination and
control.
The measure provides an advisory
council of bankers without actual pow
er, .composed of one member from eacn
of the 12 regional reserve drafts.
One Important provision is for the
gradual refunding, for a period of 20
years, of the United States 2 per cent
bonds Into- Z per cent Government
bunds without the circulation privilege.
This villi mean the eventual retirement
of the National bank notes. The clr
culation privilege will thus revert to
the Government Itself. Issuing through
the regional reserve banks on a gold
reserve of 33 1-3 per cent to De pro
vided by the banks.
The notable reserve features of the
bill contemplate a reduction of the re
serve requirements of reserve and cen
tral reserve cities from 23 to 18 per
cent and of all country banks from la
to 22 per cent.
Graduated Tax Provided.
The Federal reserve board Is re
quired to establish a graduated tax on
the amounts by which banks may be
permitted to fall below reserve re
quirements, such tax to be uniform in
its application to all banks.
National banks are compelled to be
come members of the system under
penalty of forfeiture of charters, while
state banks are permitted to become
members under regulations of lue
Federal reserve board.
Concerning the. provisions relating
to rediscounts, over which there was
such a prolonged fight, the only change
made was to add two and one quarter
typewritten lines, declaring that
nothing contained in the bill should
be construed to prohibit the redis
counting of notes and bills of exchange
secured by agricultural products and
other goods, wares and merchandise.
PULASKI HAYS SUCCUMBS
Widely-Known Washington Pioneer
Dies at Endicott.
EXDICOTT, Wash, Aug. 28. (Spe
cial.) Pulaski Hays, a retired widely
known pioneer of this state, died at
his home Thursday morning at 4:30
o'clock. He was the son of Richard
and Catherine Bishop Hays and was
born in Ohio April 13, 1846, and mar
ried Anna Love Quarrlells at Berry,
ill.. In 1S69. They moved to Dayton,
Washington Territory, in 1884 and in
the following May took a homestead
five miles southwest of Endicott where,
after enduring the hardships and trials
f all early settlers and pioneers, they
acquired a competency sufficient to
enjoy several years of sightseeing.
They made numerous trips to Cali
fornia and to Eastern states besides
leaving those dependent with plenty
for declining years.
Mr. Hays leaves a widow, two mar
ried sons, Clarence R. and Harry P.,
six grandchildren and a number of
nephews and nieces. Funeral services
will be held at the family residence
Friday at 12:30.
TRIO CONVICTED OF THEFT
Negro and Two Whites Are Fonnd
Guilty at Pendleton.
PENDLETON, Or, Aug:. 28. (Spe
cial.) Harry Greers, Frank Miller and
John W. Messer, the latter a negro,
were this evening found guilty in the
Circuit Court of robbing the residence
of L. C. Frasier. April 30 of this year.
At the time of the robbery the negro,
who had been in the employ of Mr. Fra
sier, was the first to be suspected and
arrested. The other two were arrested
a few days later at Walla Walla on in.
structlons from the Sheriffs office.
Greers and Miller have criminal rec
ords in Chicago.
INSTITUTE DATES NAMED
Snperintendent Churchill Announces
Times for County Meetings.
SALEM. Or, Aug. 28. (Special)
Superintendent of Public Instruction
Churchill announced today that county
Institutes would be held as foUows:
September IT. 18. 19. Morrow County.
Hepner; September 2i, 23. 14, Crook County.
PrinevlIIe : September 29. SO, October 1. 2. I.
Salem; October 8, 7, 8. Grant County. John
Day; October o. T. 8. (Joint) Wasco and
Sherman Counties, The Dalles; October 8, 8.
10. Harney County. Bums; October 13. 14.
IS. Lake County, Lake view; October 15. 16.
17, Klamath County, Klamath Falls: Octo
ber 20, 21, 22 (Joint) Jackson and Joaephine
Counties, Grants Pass; October 22. 23. 24.
Douglas County, Roaeborr; October za. 28,
24. Umatilla County. Pendleton: October 2i,
28. 29. Lane County, Eugene; October 29, SO,
31 .Marlon County. Salem; October 2. BO.
31. Folic County. Dallas: November 8. 4. 5.
(Joint) Ollllara and Wheeler Counties. Con
don; November 5. . 7, Hood River County.
Hood River; November 10, 11, 12. Washlcs
ton County. Hillsboro; November 12, 13, 14.
Tillamook County. Tillamook; November IT.
IS. IB. Clatsop County. Aetorla: November
19. SO. 21. Columbia County. 8c Helens: No
vember 24. 25, 24. (Joint) Linn and Benton
f if
, ft - . . .
t H '
-' s
- , I
1 i
;v ?
V I ?
. .
K'
tS r
Mrs. Josrph lae Schnrle. Pioneer
Who Was Barfed at VucoaTer.
Counties. Albany; November 4, 25, 2,
Union, Baker and "Wallowa Counties Jointly
with the eastern division of the Stale
Teachers Association ,La Grande.
IS. SCHUELE IS BURIED
OLD-TIMERS AXD PIOXEERS AT
TEND A'UNKKAI.
Order of Eastern Star Conducts
Services at Grave and Rev. Mr.
Collier at Chapel.
VANCOUVER. Wash,. Aug, 28. (Spe
cial.) With old-timers and pioneers in
attendance, the funeral of Mrs. Joseph'
ine Schuele, widow of David F. Schuele,
was held today from Knapp's chapel.
Rev. E. B. Collier, rector of St. Luke's
Episcopal Church, of which Mrs.
Schuele was a life-long- member, offi
ciated at the chapeL The St. Luke's
choir rendered several beautiful selec
tions.
Services at the grave were in charge
of Martha Washington Chapter, No, 42,
Order of the Eastern Stan Miss Belle
Sanderson being worthy matron, and
P. B. Wagner worthy patron. After
the ceremony, members of the chapter
surrounded the open grave and sang
"Nearer, My Ood, to Thee.
The pallbearers were past worthy
patrons cf the Eastern Star, of which
Mrs. Schuele Was an active and en
thusiastlc member. They were William
Laughlin. Edson M. Rowley. I G. Con
ant, H. S. Bartow, John Dickson and
W. P. Connaway. Interment was in
the Masonic section of the city cem
etery, beside her husband, who died in
May. 1908.
. Mrs. Schuele was born In Vancouver
Barracks nearly 60 years ago. Her
father, John Eddings, was Government
storekeeper and Colonel Rufus In gal Is,
in command of the Fourth Infantry,
was her godfather. He took a vote af all
officers of his regiment on what the
baby at the Eddings home should be
named, and the majority voted Jo
sephlne."
GOLD FIND DOESN'T PAN
DISCOURAGED PROSPECTORS
RETCRX FROM SHCSHAXNA.
Only Ono Claim of Valne Found in
New District of Alaska Provis
ions Left on Trail.
SEATTLE. Waatu. Aug. 28. Letters
from the North and returned stam
peders bring unfavorable news from
the Shushanna gold field. Goldseekers
going toward the camp meet discour
aged men returning and many turned
back, abandoning supplies on the trail.
Reports say that perhaps 815.000 has
been taken out on the Discovery
claim, but cross-cuts above and below
the claim show barren ground. Seven
or eight inches of snow fall every
night. The sun next day melts the
snow, making much surface water.
Ktenhen Birch, manan-er of the Ken-
necott Copper Mine, who has just ar
rived in Seattle and who visited the
Shushanna country five years ago
looking for copper, said today:
"The extent or value of the Dis
covery cannot be determined until
much more work has been done. Little
concerning the true merits of the field
will be known till next Spring. While
It would be nothing short of madness
for a man to go in there without a
proper equipment, most of . the men
who went in were poorly equipped."
STAHORN'S VISIT AWAITED
Railroad Official Expected to Arrive
at Xewberg: Today.
NEWBERG. Or., Aug. 28. (Special.)
President R. E. Strahorn, of the Port
land, Eugene & Eastern Railway, is
expected to arrive in this city tomor
row and local business men are plan
ning to take him for a trip of inspec
tion of the town and surrounding coun
try. Mr. Strahorn was scheduled to
reach here today, but did not appear.
Local citizens attach a great deal of
Importance to the visit on account of
the expected operation of the Port
land. Eugene and Eastern line here in
a few months.
Five Killed, 372 Injured.
SALEM. Or., Aug. 28. (Special)
There were five fatalities in industries
In the state in July, according to a re
port of Labor Commissioner Hoff made
public today. Mr. Hoff reports that 872
persons were injured, 24 loggers, 20
machinists, 40 paper mill workers. 14
railway workers. 89 section men. 23
on railway trains, 89 In railway yards,
6 in sawmills, 14 In sawmill yards and
41 engaged In various other kinds of
work. One man was killed while en
gaged In railroad construction, three
were killed by railway trains and one
was killed in a sawmill.
Postal sa vines deposits amount to 828.-
000.000,
TIIE MORNING OBEGOXIAX, FRIDAY, AUGUST 29, 1913.
P01NDEXTER SAYS
E IS UNTRUE
Senator Denies He Is Respon
sible for Relatives on
Federal Payroll.
SEATTLE EDITOR ASSAILED
One Brother Declared to Be Only
One Appointed at His Instance.
Son, However, Was Made
Cadet Through Trade.
OREGOXIAN NEWS BUREAU. Wash
lngton, Aug. 28. After seven weeks of
silence. Senator Poindexter, of Wash
ington, rose In the Senate today and
answered charges of nepotism made
against him in the Seattle Post-Intelli
gencer of July 11. His answer was
half denial and half abuse of Scott C
Bone, editor of the Post-Intelligencer.
Charged by the Seattle paper with
having placed or kept 11 relatives on
the Government payroll, Poindexter as
serted today that he bad secured a
Federal appointment for only one rela
tive. William Poindexter, his brother.
who holds a position In the Senate fold
ing room at the. Capitol. Five Poln-
dexters in Government service, said to
be there through his influence. Senator
Poindexter declared were not related
to htm and were perfect strangers, of
whom he had never heard until charge
was made In print.
8as Appointed by Request.
While Senator Poindexter denied
having appointed his son. Gale, to the
Annapolis Naval Academy, he admitted
that the appointment had been made
by Representative La Follette on his
recommendation and request, and ex
plained further that in return for this
favor he had appointed Earl Chambers,
of Spokane, to the West Point Military
Academy, at the request of Representa
tive La Follette.
Senator Poindexter denied that his
brother Ernest had been appointed to
an attorneyship in the Department of
Justice by this Administration, as
charged, and said that this brother Is
not now and never has been on the
Government payroll except as a census
enumerator years ago, before he be
came Senator. His brother. Fielding
L. Poindexter, First Lieutenant In the
Army, now retired, be said, had se
cured his commission and been retired
before he (the Senator) entered Con
gress. Fielding Poindexter, he said,
served as a private in an Oregon vol
unteer regiment In the Philippines and
got his commission in the Regular
Army after the war closed. He Is now
detailed to recruiting duty. The Sen
ator made no reference to the charge
that while his brother was drawing
retired pay he had him assigned to re
crulting duty, thus giving him ' full
pay, though on the retired list.
Carl D. Poladexter Not Related.
Carl D. Poindexter, the Senator as
serted. Is no relative, or if so is so
distantly related that, he does not know
of the relationship. He holds a civil
service lob under the Isthmian Canal
Commission, and for his appointment
the Senator disclaimed all responsi
bility. Samuel J. Graham, Senator Poindex
ter admitted, was a distant cousin.
but he disclaimed all responsibility for
having secured him a Federal job.
Graham, he said, was one of the Wil
son floor leaders at the Baltimore con
vention, and owed his place to Penn
sylvania Democrats.
Senator Poindexter directed his main
attack at Mr. Bone. He declared the
article assailing him was criminally
libelous, but did not Indicate any pur
pose to prosecute the newspaper in
courts, though he asserted that men
guilty of such an attack as that on
mm snouia be sent to tne penitentiary
for ten years. He declared that Bone
had been a "complete failure in the
newspaper field in Washington, and
was a failure In Seattle for the reason
Indicated by his name. Bone more
bone than otherwise too much bone."
Senator Poindexter asserted he had
never appealed to any Senator to aid
him in getting a Federal Job for any
relative.
FILLING OF SLOUGH URGED
Marshfleld Citixens Appeal to Con
gress to Have Work Done.
MARSHFIELD. Or, Aug. 28. (Spe
cial.) A movement has been started
here to secure the closing of Mill
Slough, a small tidal estuary which
reacltea back through the center of
Marshfleld, dividing the town into two
parts. Just at this time the matter is
attracting more attention than usual
because of the Important bearing it has
on railroad construction, and the mat
ter will be taken up with the Oregon
delegation to secure special legislation
by Congress.
Mill Slough at low tide is cut a riv
ulet, but at high tide it probably is SO
feet wide and has three or four feet of
water.
A delegate has been sent to Wash
ington to secure the closing of the
slough, a petition has been circulated
among the business men asking Con
gress to pass the bill to permit its
closing, the Marshfleld Chamber of
Commerce has passed resolutions fa
voring the closing of it and so has the
City Council, but F. M. Frledberg and
Charles Hlckox, who own property near
by, and some of the Socialists oppose
the proposition.
LUMBERMEN FORM CLUB
Seattle Luncheon Attended by 140
Tlmbermen of Northwest.
SEATTLE, Wash, Aug. 28. (Spe
cial.) Gathered around the tables at a
luncheon today, 140 men. representing
all branches of the lumber and timber
Industry from Portland to British Co
lumbia, formed a Lumbermen's Club
for social purposes.
H. s. Stlne, of Seattle, presided, and
was authorised to proceed with the
appointment of five men to complete
the organization and arrange for regu
lar Thursday luncheons at which topics
of general Interest to the trade will be
discussed.
Among the speakers at the meeting
today were J. B. Alexander and George
Cornwall, of Portland; Frank B. Cole,
of Tacoma, and R. H. Hartley, of
Everett.
Prosser Old Settlers Frolic
PROSSERj Wash, Aug. 28. (Special.)
-The annual old settlers' picnic was
held at Wllgus Grove, two miles west
of here, yesterday. About 100 were in
attendance. Attorney Linn, of Prosser,
was the orator of the day, and several
other local men made brief talks.
Everyone enjoyed a big feast from the
well-filled baskets at noon, and the
afternoon was devoted to sports and
discussions of old times.
Tlle P
WSmi New .g .
INi Fal1
ISpd Clothes d
'Wf jfi ' Are P,
48 Hlv ' Now
jja. On y
il r?. T" ---vl ' I
They embody every element of refine
ment, not only in outward appearance
but right through to the innermost
construction in fabric and tailoring.
Clothes of integrity clothes that
"make good."
$20 to $40 .
Men, Main Floor
Young Men, Second Floor
. 1
o
o
d
Ben Selling
LEADING CLOTHIER
Morrison Street at Fourth
b o a ar. i d 'q
APPEAL IS TAKEN
Bank Failure Case Goes to
Idaho Supreme Court.
W. G. CRUSE IS INVOLVED
American Surety Company Held
Liable to Depositors for Failure
of State Examiner to
Perform, Duties.
pnisc Idaho. Auc. 28. (Special.)
The American Surety Company of New
vr ,a annealed from the Judgment
of the District Court for Blaine County
In the case oi tne aiaie i "'" w
aA for the use and benefit of Clara
im- .1 th American Surety
Company. In the trial court the surety
company was neio j '
posltors of the defunct Idaho State
u.ll. fur thA failure Of WU-
Ham G. Cruse, ex-State Bank Exam
iner faithfully to periorm nia um
At the time of the failure of the
. . ...... i i ai n rruM was State
Dana, u.' - -
Bank Examiner, the American Surety
Company having lurmsneu ma ,"
bond. Although the affairs of the bank
have been in the hands of several re
ceivers, the depositors have been un
able to force the payment of their
Cl The" depositors charged that while
Cruse was Bank Examiner he "did not
weiL faithfully and impartially dls-
, v.1. A ..tf. ind that although
the bank failed on August 31. 1810. he
knew as early as May iv oi mo
.v. hanlr'a hooka were being
tampered with and that the Institution
was unsaie. Dut iwa. nw .nu
closing Its doors and saving the assets
j - T, ftirthnr al
to tne ocpwi... - " - - -
leged by the depositors that Cruse did
not regularly examine the bank to as
certain its condition, as required by
, . . ...fr. tha atiretv comDanv
that Insured him was liable under the
bonds and should ne required t w pj
the claims of the depositors.
t-i.. i-nmniaini of 48 other de
positors is identical with that of Clara
Mills, but by stipulation wiw
sel for the depositors and the surety
company, only the names of the de
positors and the amount of their de
posits in the bank at the time It failed
are ajlven in the appeal. In addition to
the deposits claimed by them, the plain
tiffs ask for 7 per cent interest from
the date of the bank failure to the
present time. The total claims of the
depositors amount to about 830.000. the
amount of the bond carried by the
surety company.
NEW CHARTER IS SOUGHT
Bill Before Seattle ConncII Hints at
Commission Government.
SEATTLE. Wash., Aug. 28. (Spe
cial. A Council bill Introduced at the
meeting June 2 by Austin E. Griffiths,
providing for submission to the voters
at the next election the question of se
lecting IS freeholders who shall have
been residents of Seattle for not less
than two years preceding their dec-1
V !
p
h
i
tion whose duty it shall be to prepare
and propose a charter consistent with
and subject to the constitution and
laws of the State, which shall be sub
mttted to the voters again for ap
proval or rejection at the following
general election, was recommended to
day for passage by Mr. Griffiths, chair
man of the judiciary committee. He
was the only member of that body
present. Councilmen Haas and War
dell, the two other members, were ab
sent.
In brief. Mr. Griffiths' bill, if ap
proved by the voters next March, would
mean a commission form of govern
ment for Seattle.
Mr. Griffiths' bill will come before
the Council at its "regular meeting
Tuesday. September 2, for final action.
It is believed that It will not receive
the necessary five votes to put it
through.
CHARTER REVISION IS PLAN
Seattle May Adopt Commission Form
of Government.
SEATTLE. Wash, Aug. 28. The Ju
diciary Committee of the City Council
today approved a resolution submitting
to the voters next March a proposal to
elect IB freeholders to revise the city
charter.
It is the intention of the framers of
the resolution to bring about, through
the new charter, a commission form of
government. The Council will pass on
the resolution next Tuesday.
Washington Elk Inspected.
NORTH TAKMA. Wash., Aug. 28.
(Special.) D. C. Nowlin, of the United
States Biological Service, arrived In
North Yakima last night and will stay
here several days investigating the
condition of the SO head of elk brought
here last Winter from the Yellowstone
Park, and the conditions tinder which
Jarl -arwl
Convention of Columbia Hitfhwav Association, "jdina1 Club Cross
hart Band Concerts, Contests and
THIS WEEK
A Few More of
These p350 Panos
$
-a oe
You can afford to pay $10 cash and $6 monthly. You
can, therefore, afford to buy this Piano at a saving
of $140. Come, hear its fine, rich tone.
Other Pianos $65, $135, $165, $210, Etc.
Player Pianos, 88 Note $365, $415, $465, Etc
GRAVES MUSIC CO.
Removal Sale
A food for brain-workers V
An opening dinner-course that puts
an edge on a jaded appetite, and makes
the whole meal taste better, digest
easier, and do you more good ,
Campbell's Tomato Soup. -
Notice how your own "men-folks"
enjoy its smacking flavor especially
when tired or nervous or "grouchy' '.
Prepare it with milk or cream occas
ionally instead of water. - That's a
favorite way now-a-days. :And there
are many other practical ways
to serve and use this incom
parable soup.
Why not try it today? Your
money back ifnot satisfied.,
21 kinds ilOc a can
A
Look for the red-and-white label
Bits lilt.
they are living. He left this morning
with County Game Warden Frank
Bryant for Bumping Lake, to traverse
the Upper Kaches Valley, in which the
elk were placed.
FORGERY CHARGE DENIED
Eugene Saxton Declares He Did Not
Attempt to Evade Officers.
KLAMATH FALLS. Or, Aug. 28.
(Special.) Eugene Saxton, accused of
forging the name of J. W. Siemens to
a note for over J 7000. asserts most
positively that he is not guilty and
also says that the wife the officers
have been looking for is a myth.
He was brought here from Mineral.
Idaho, to answer the charge, after hav
ing been released from Jail by the
Sheriff at Welaer, Idaho, on the ground
that he did not believe him guilty.
He denies that he was fleeing when
SUNDAY GRAND CONCERT
At Seaside by Coast Artillery Band, 40 Pieces
Ideal Labor Day Outing
Week-end trip
(jearhart gives extra day at sea
shore. Return on ilonday evening.
$3
SEASHORE LIMITED
"9 o'clock Every Morning.
Evening Express, 6 :30. .
SATURDAY SPECIAL
2 o'clock,
Office, 5th and Stark; Station, 11th and Hoyi.
Marshall. 920. A 667L
Informal prr.PT-a.TnmA of Sports
$io cash
$6 Monthly
111 Fourth. St.
taken, saying that he returned from
Wetser to Mineral, and notified the
Sheriff at Weiser of his whereabouts.
FOREST FIRES REPORTED
Three Dangerous Blazes Said to Be
Burning In Chehalis County.
OLYMPIA.-Wah, Aug. 28. (Special.)
Three dangerous fires In Chehalis
County were reported to the State Fire
Warden today. All are In cut-over
lands, but are not under control and
threaten green timber.
One fire is west of Matlock, on the
Mason County line. In the Simpson
works; the second about five miles
north of Monteaano, and the third, re
ported to be the worst of the three, is
raging south of South Elmo.
Geneva Is bulldlnr a natural history xna---m
at a cost of ?!0,r--rf.
ITS..
HII
ticket to Seaside or
ROUND
TRIP
- Country Run. Contests at Gear
at Seaside Labor Day, r.
iGlll