VOL. Kill.- NO. 1G,588. PORTLAND, OREGON, FRIDAY, JANUARY 23, 1914. PRICE FIVE CENTS. V K V PACKERS' BUSINESS SHOWS 610 GROWTH Year'sGain Three Hun dred Millions. CAPITAL IS BUSILY EMPLOYED Gross Sales by Leading Com . panies Exceed Billion. PROFITS, TOO, INCREASE Prosperity of Big Chicago Concerns Shown by Comparative Figures. "Turnover" of Ten Rall roads Outdone. CHICAGO. Jan. 22. (Special.)-r-Gross business transacted, by the lead ing Chicago packing- companies In the last fiscal year aggregated $1,165,000, 000. or approximately $300,000,000 more than in the fiscal year of 1912. To this total the contribution of Swift & Co. was $400,000,000. that of Armour Co. $350,000,000, Morris & Co. $175,000,000, the Cudahy Company $105,000,000 and the Sulzberger & Sons Company $123, 000.000 (estimated). This total is greater than the gross revenue of ten of the. larger Tailroad systems of the country. The Union Taciflc reported gross revenue of $96, 638.453 for the fiscal year, the Bur lington $94,374,485, the Rock Island $70,853,000, the Reading $102,822,000; the St. Paul $94,084,000, Illinois Central $64,280,000, Southepn Pacific $142,774. 000. Baltimore & Ohio $104,000,000, Northwestern $83,035,000 and Santa Fe $116,896,000. a total of $969,756,000. Capital Relatively Small. The volume of capital required by the packers to make their turnover of $1,155,000,000 was insignificant com pared with that employed by the ten ' railroad companies to do about the same amount of business. The pack ers turn their capital over several times a year, which cannot be said of the railroads. It was estimated by John Fletcher In the hearing on the reserve bank question taht the total turnover of concerns at the stockyards totaled $15,000,000 a day, or more than $4,000,000,000 a year. Earnings of the packing companies In the last year were much improved over those of 1912. Their net amounts applicable to dividends and the per centage of return on their capital slock compare as follows: 1013 Per Kct for CU of 1912 Ter Net for Ct. of dividends.- stock. J!,'J.iO,0VO 12.33 e.os.iHH :a. u 1.P1U.WHJ o:t.r.ij 1.S29.7S0 n.ou dividends, stock. (Swift. . . Armour. Morris. . (Judahy. . $S.S50.0O '.1.0 5.701.6415 28.3 i sia.&r.s tto.4 l,10,46o 10.0 Net Profits Large. After payment of 6 per cent on $2,000,000 preferred stock, the turnover of the Sulzberger & Sons Company is estimated at $123,000,000. with a net profit of $3,150,000. The differences In the percentages reported are due In a large degree to different methods of financing. All of the packers are large borrowers of money from the banks, but their other capital arrangements are not alike. Each of the four big concerns has a heavy surplus invested in the business. The packers' securities are not widely held. Swift's and Sulzberger's stocks practically being' the only ones In the publlo's hands. Armour, Morris and Cudahy shares are held by those who control the companies. All five com panies have bond issues, however, which are hold by Investors. DAXGEIl OVER, SAYS DANIELS Secretary Assures Hearers There Will Be No Panic. NEW YORK. Jan. 22. Confident optimism of the Administration over the outlook for commercial and indus trial prosperity under Democratic rule was voiced tonight by Josephus Daniels. Secretary of the Navy, in an address before the Brooklyn Merchants and Manufacturers' Association. The Secretary asserted that the country already had been convinced there was to be no "business panic" in 1914. "The Initial beneficial effects of the tariff and currency measures," he said "as well as the President's reassuring words as to the intent of past and pending legislation have reassured the country." Speaking of the time when the coun try had only two political parties and only two choices from which to select its governing torce, the Secretary said that "the fact that there are now five parties has inado an ending of the period wnen politics is war. It is now rather f.n emulation of competition to see what party can by its record con vince the voters that it is the best in strument of public service; and that is the test. '"Two parties were all that were , needed when our National life was less complex and simpler problems pre'ssed for solution." he added, "but today there are such divergent views and such varying political creeds that men who believe In these opposing views cannot find a congenial home in either of the two old parties. There Is nothing to fear for our Institutions because we have more than two parties. "Nothing could be more stifling or injurious to tho best public service than to say to men who do not agree with either party that they must accept what would be to them the least of two evils. Tho American voters today refuse to ally themselves under any party un less it symbolizes the political doc trines which win their approval." JULIET, LIONESS, MOTHER TO 3 CUBS VALVE OF ANIMALS BORX YES TERDAY. TOTALS $900. Country Club Scene of Birth to Two Males and One Female, Which Will Lose Spots at One Year. Juliet, a lioness Wintering at the Country Club, In Rose City Park, is the mother of three six-pound cubs, born at 2:30 A. M. Thursday. Two are males and one female. According to Louis Roth, animal trainer for Al G. Barnes, who Is their caretaker, the cubs, at present spot ted, will lose the spots -when they be come a year old. Their bodies are about 14 inches long and about as large as ordinary three-weeks-old puppies. The cubs opened their eyes yesterday for the first time. They are worth about $300 each. Juliet occupies a cage In- the cor ner of the animal barn at the Country Club. Canvas has been hung around the cage to darken it. A bed of al falfa straw has been piled in one cor ner. Juliet keeps her young far back in the corner of the cage, she lies in front of them to screen them from the curious. She is quiet, but when the canvas is taken down she keeps close watch on the bystanders, baring her teeth as a warning to stay away. 3 HUGE . CHECKS SIGNED New York Treasurer Complains of Wrist Sprained, by Ordeal. ALBANT, N. T.. Jan. 22. (Special.) "My wrist Is sprained," said John J. Kennedy, State Treasurer, tonight to some friends with whom he was dining. "Met with an accident?" "No, Just from signing checks. One was for $19,000,000. payable to the Manhattan Bank of New Tork; another was for $8,000,000, and still another for $10,000,000. There were some smaller ones. Then the State Treasurer explained that the checks, totaling $35,000,000, were to take up short term notes issued by the state last year in anticipation of the bond sale of yesterday. YUKON MAY' GET RAILROAD Premier of British Columbia Would Take Over Northern Territory. VANCOUVER, B. C. Jan. 22. In con nection with a plan formulated by Sir Richard McBrlde. Premier of British Columbia, for the building of a great north and south railway through Brit ish Columbia to Yukon to connect with lines that may be built in Alaska, Sir Richard has advanced the proposal to have British Columbia take over the Tukon Territory. The proposal to ex tend the province has been the subject of recent correspondence between Sir Richard and R. L. Borden, Premier of Canada. QUICK DEAL PROFITABLE Syndicate Makes $550,000 in Rail way Bonds in 9 0 Minutes. NEW TORK, Jan. 22. The $51,000,000 issue of New York State 4 per cenf bonds which were purchased yesterday by a Wall street syndicate, highest bid ders at 106.077, were sold today by the syndicate at $107.25, within an hour and a half after they were offered to the public. The demand far exceeded the supply. This was taken in the financial district as an indication of Improvement in the financial system. The syndicate's profi't was $550,000. CHURCHILL GETS 4 SHIPS First Lord of Admiralty and Lloyd George Settle Differences. LONDON, Jan. 22. Premier Asqulth apparently provided a solution at to d 's Cabinet meeting of the difficulty over making both ends of the budget meet, for Chancellor Lloyd George and Winston Spencer Churchill, the first lord of thu admirality,- left the confer ence arm in arm, as though there had never been a vestige of a quarrel be tween them. That Mr. Churchill will get the four big ships he insists on is accepted in naval circles as an assured fact. BRYAN TELLS AMBITIONS Did Secretary " Mean to Start Sena torial Boom Is Question. WASHINGTON. Jan. 22. Democrats in the capital were gossiping today over whether Secretary Bryan meant to launch a Senatorial boom when, at s Democratic dinner last night, he de clared it had been his ambition since boyhood to sit in the United States Senate. His own career, he said, all through his earlier years, had been based on a hope that he eventually would go to the Senate. . TOAST OF BRIDE HURTS So San Franciscan Files Cross Complaint in Divorce Suit. SAN FRANCISCO, Jan. 22. "Here' to my husband! Tonight he is busy getting married. Six months from now he will be busy getting a divorce." In resisting today the application o his wife for a divorce, Demetrie d Papageorgopulo told Judge Murasky, of the Superior Court, that one of hi reasons tor wisning to nie a cross complaint was the toast hjs bride gave him at their wedding supper. JAPAN SCRUPULOUS Ifl KEEPING FAITH Tokio Statement Made With Full Consent. ADMINISTRATION IS ADVISED "Other Ways" Believed to Re fer to New Treaty. FEELING IS OPTIMISTIC House Committee on Immigration Considers Collateral Question and Takes Precaution of Closing Boors. WASHINGTON, Jan. 22. Baron Ma- kino's statement in the Japanese Par llament yesterday of the status of ne gotiations In regard to the California alien land act aroused the greatest in terest in Influential circles her, today. Although under a special agreement between the two governments the Japanse foreign minister refrained from making public the details of the ex changes, his etatement was informa tive in many quarters and particularly n Congress. Wilson Informed In Advance. President WJlson was fully aware of the fact that a Etatement was to be made. Where negotiations are still in complete, the rules of diplomacy re quire the assent of both governments to the publication of any details, so that one side- may not take advantage of the other to form public opinion. This rule was scrupulously observed and Secre tary Bryan admitted that he was aware of and had consented to Baron Maklno's statement. By a coincidence the House commit ee on immigration was considering to day data supplied from the State Be partment regarding Japanese immigra tion when attention was called to the development in Toklo, and. although the data before the committee were purely historical, relating to a period anterior to the passage of the Webb act, the committee decided that It was the part of prudence- to consider such subjects behind closed doors at this stage. Officials Are Optimistic. In Administration circles there was feeling: of optimism regarding the relations between the United States and Japan and the highest officials did not hesitate to express the opinion that a satisfactory agreement soon would be reached. There was no intimation as to the probable basis of- such an agree ment. When attention was called tb the fact, however, that the negotia- (Concluded on Page 2.) BILL VL SECRETARY INDEX OF TODAY'S NEWS The Weather. YESTERDAY'S Maximum temperature, 80 degrees: minimum, 47 degrees. TODAY'S Rain; southerly winds. National. Proposed militia 1)111 grants pay to members ox .national Guard. Page Japan declared to he keeping faith In nego tiations. Faffo 1. Four of Wilson's trust bills ready. Fag 1. Domestic. Girl students vote to eliminate costly flowers ana taxicaos 'age s. Volume of packers' business shows big In crease m 1813. Page X. General Mercado placed In command of Mexican prisoners in Texas. Pare 5. Contest Involving President Wilson's ' tltf e to date land being- heard. Pane 2. Ten directors of Frisco Line sued. Page B. Bulzefs story is basis of Inquiry. Page 1. John X. Itoward, one of defendants In fuel case, dies; prosecution is closed. Page 4. Sports. Federals plan legal war on" organized base- oau. Page 14. Lincoln High School defeats Jefferson at bas- Ketbaii. BS-20. Page 14. Concessions to players' fraternity principally Bunk," "says Buddy Ryan. Page 14. Pacific Northwest. State Treasurer Kay explains opposition to west s irrigation plan, page 7. State Federation of Labor nominates for of. flees and adjourns. Page 6. Baker's fame now known to Atlantic. Page 8. Eleven Mayors -meet at Tacoraa, for no ap- parent purpose. Page 1. . Commercial and Marine. American sugar markets have upward ten dency. Page 19. Larger export demand lifts wheat prices at cnicago. page 19. Vigorous buying of stocks and bonds con tinues In wall street. Page 19. Site for East Side publlo dock bought. Page 10. Portland and Vicinity. Will R. King says $200,000,000 will be spent in ten years in reclaiming land. Page Is. Lioness at Country Club Is mother to three eubs. Page 1. Smallpox curbed at St. Johns. Page 6. Emergency Board members charges Gover nor can give jobs to Idle, but doesn t. Page 13. Miss Frances Brady weds Arthur Maxwell Mears at charming home affair. Page 12. Man write Ironic note to Coroner and ends life. Page 18. Weather report, forecast and data. Page 19. Unmerglng of Southern and Central Pacific neld unwise, page 12. Use of militia nut up to candidates. Page 9. Southern Pacific officers may rise. Page 0. Proposed new school law discussed. Page 4. May Irwin frolics to delight of audience Hellig. Page 7. Mr. Russel Invites publlo Investigation of character of his place. Page 4. TWO DEMOCRATS GET SONS Brothers Become Proud Fathers on President's Birthday. PENDLETON, Or., Jan. 22. (Special.) According to news received here today by their aunt, Mrs. R. A. Strahorn, two brothers, Harry and George Strahorn, of Iowa Falls, la., became fathers of sons on December 28. President Wil son's birthday. Both father are. strong Democrats. They married sisters on the same day. a no oirtns occurred, within half an hour of each other. TURKS AND BULGARS JOIN Recent Foes Make Common Cause In Treaty Against Greece. LONDON, Jan. 23. The Vienna cor respondent of the Daily Telegraph re ports that Turkey and Bulgaria have concluded an offensive treaty agains Greece. WAS ALWAYS TOO BUSY TO WRITE. SULZER'S STORY IS BASIS OF INQUIRY Grand Jury Investiga tion Is Begun. MURPHY OFFERS TO TESTIFY Senator O'Gormart to Be Sum moned, Too, Says Whitman. NEW EVIDENCE PROMISED District Attorney Indicates Dual In vestigation Will Bo Made as to Attempt to Exact Tribute From Contractor. NEW YORK, Jan. 22. A grand jury investigation was begun today Into the story told under oath yesterday by William Sulzer that Charles F. Murphy sent a messenger to him during the trial of the impeachment charges against him as Governor and offered, to call off the trial If Sulzer would quit his graft investigation into state de departments. Mr.' Sulzer repeated before the grand Jury today his story of his .. dealings with the Tammany chief and it was made known by District Attorney Whtl man that this part of it and that re lating to the alleged, attempt of James E. Gaffney, Murphy's business and po litical associate, to exact a political contribution of $100,000 from James C. Stewart, a state highway contractor, would be made the subject of a two fold Inquiry. Whtlman Promises to Act. "The evidence given by Sulzer speaks for itself," said District Attorney Whit man today. "It was given under oath and should be judged accordingly. will not comment on it, but the public may rest assured that if a crime has been commlttted in this county I will do my duty, no matter who the offend er may be." Senator O'Gorman declined to dis cuss the testimony, because he' migh be called, as a witness himself. Mr. Whitman said Mr. Murphy would be called, as a witness in the John Doe Inquiry. Mr. "Murphy denounced Mr. Sulzer's story as false and said he was willing to testify and would waive im munlty. He added: "I never talked alone with the man in my life anyway not since he was nominated for Governor. because knew that he would do Just what he has done, perjure himself." "I shall be only too glad,' said Mr. Whitman, "to give Mr. Murphy an op (Concluded on Pago 1 1 MAYORS MEET FOR 'NO PURPOSE' ONE OF NUMBER AT RELIGIOUS JIEETIXG WITHOUT FAITH. Men's Brotherhood of Church at Ta- coma Host Press Attacked and Defended. TACOMA. Wash., Jan. 22 Eleven Mayors, representing principal cities of Washington Washington, of many relig ious faiths and at least one without any faith at all, according- to his own announcement, gathered at the First Congregational Church tonight for no apparent purpose whatever, save that they came to the city in response to an invitation by Mayor Seymour, of Taco- ma, to attend a meeting; of the Men's Brotherhood of the church of which he Is president. They talked mostly of the need of furthering the Influence of Christian ity in politics and business. The May ors partook of a plainly-cooked meal. paying 25 cents each and some of them sitting In pews while they ate. Their wives joined them later. The press came in for criticism and defense. The newspapers," shouted Mayor Demattos, of Bellingham, "used to be the leaders of public thought, but now they are the tailenders of public opin ion." Mayor Hindley, of Spokane, replied that "The press today generally Is a social, constructive, moral power and while here and there is a yellow press, It Is so because there are yellow people who want that kind of a press." Following was the roster of Mayors at the banquet: George F. Cotterlll, Seattle; J. F. Demattos, Bellingham; D. C. Cady, Bremerton; C. Christensen, Everett; the Rev. W. J. Hindley, Spo kane; Oscar Klocker, Port Townsend; E. D. Duff, Charleston: Luclan Dean, Puyallup; E. R. White, Sumner; Joseph McCaskey, Wilkeson, and W. W. Sey mour, Tacoma. WOMEN FEAR RAIN LESS More Register While Dampness Cuts Down Kumber of Men. Registration was light again yester day because of the continuous rain. The voters kept the registration quarters crowded, however, at noon. The total for the day was 591. A comparison of the figures of Wednesday and Thursday shows wo men bad less fear for the rain than men. One. hundred and twenty regis tered yesterday and 109 Wednesday. Less men registered than Wednesday. The registration by party was: Re publican. S97; Democrats, 127; Frogres sives. 38; Prohibitionists, 12; Independ ents, 10; Socialists, 7. ARMY FORBIDS SLIT SKIRT Budapest Officers Commanded Break Xevrs to Families. to BUDAPEST, Jan. 22. (Special.) Field Marshal Fekete, commander of the garrison here, has issued, the fol lowing order: . Whereas, certain young women have carried their devotion to the pre vailing' mode to such a pitch as to appear In slit skirts and. thus over stepped the furthest limits of propriety as laid down in the officers' corps, all military men are commanded to in form the women of their families and women who are invited to military functions that slit skirts are not per mitted." - AH, MATES,TIS GRIM TALE Craft Rolls Completely Over Too Fast for Crew to Fall Off. SAN DIEGO, Cal., Jan. 22. In a ter rific storm off the coast the sloop Pas quinade was dismasted today. Slmul taneousiy witn tne loss of the mas a huge wave struck the sloop broad side and caused her to roll over com pletely, looping the loop twice. So quick was the whole action that when she came up the occupants had not had time to fall of, the mast break lng off and piercing the deck in an up right position 2 feet 6 inches behind where it had been. She came into port apparently undamaged. COPPERFIELD TRAINS CU Closing Saloons Causes Agency to Be Discontinued by Railroad. SALEM. Or., Jan. 22. (Special.) The State Railroad Commission today notified the Oregon Short Line that it could discontinue its agency at Cop perfleld and decrease its train servic to that town from three to two trains a week. The request was made after the Gov ernor declared martial law, the rail road alleging its business had suf fered as a result of the saloons being closed. The authorities of Copperfleld were notified the old service would b restored when conditions justify it. KHARTOUM YIELDS RELICS Sacred Well and Observatory Found in Ancient Ethiopian Capital. LONDON. Jan. 23. (Special.) A dis patch from Khartoum to the Times says recent discoveries made by Professor Garstang, at Merce, the site of the an clent Ethiopian capital. Include a sa cred well and an observatory in which there was evidence of instruments for taking observations, especially in de termlning latitude. He also discovered two monumental Inscriptions with the longest Mercitl texts extant, which recorded vlctorle with reference to Roma. FOUR OF WILSON'S TRUST RILLS READY Trade Commission Measure Introduced. OTHERS TO GO IN TODAY "Restraint of Trade" to Be Defined Specifically. MONOPOLY IS PUNISHED President Indicates Present Issues of Securities Will Xot Bo Af fected by Measures for Future Supervision. WASHINGTON, Jan. 22. Four of tho proposed bills to supplement the Sher man anti-trust act, suggested by Fres- id ent Vilson in his recent message to Congress, were made public tonight. One of them, the measure to create an interstate trade commission, was in troduced in the course of tho day in the House by Representative Ciayton. chairman of the Judiciary committee. Three other measures prepared by the House judiciary sub-committee for submission and consideration by the full committee were given to the pub lic, in accordance with the President's programme of publicity. Hearings will be held on all of them. Tho three bills to be introduced to morrow embrace the following sub jects: Prohibition of interlocking directo rates of industrial corporations, rail roads, banking or trust companies, to be effective two years after approval. Conspiracy Is Defined. Definition of the Sherman anti-trust act, to include within the meaning of "conspiracy in restraint of trade" every contract, combination In tho form of a trust or otherwise within the meaning of the word "monopolize." certain defi nite offenses, all of which would be prohibited, and fixing guilt upon indi viduals. . .A trade relations measure, designed to prohibit "cut-throat" competition through price concessions, discount, re bates, territorial restrictions, etc., and giving Individuals injured by reason of anything forbidden in the Sherman act the right to bring suits in equity against corporations against which de crees have been obtained by the Gov ernment. Chairman Clayton announced that a fourth projected measure, which would provide for Government regulation of railroad securities, had not been draft ed and would be taken up by the House and Senate Interstate Commerce com mittees. Commission Bill Tntrodnced. President Wilson's message to Con gress suggesting anti-trust legislation supplemental to the Sherman law, which would eradicate evils of big business and. restore confidence and commercial activity, bore its first fruit today when the bill to create an inter state trade commission was introduced In the House. An effort by Senator Newlands to Introduce the bill simul taneously in the Senate was blocked by Senator Smoot owing to debate in the Alaska railroad bllL While the President recommended in his message the supervision by the In terstate Commerce Commission of the issuance of railroad stocks and bonds. he took occasion today to emphasize that this did not necessarily mean that past issues of securities would be in quired into or affected, by the present legislation. Nor did the President consider that the regulation of rail road securities has anything to do with the subject of regulating stock ex changes. Legislation on this subject, he ex plained, was not recommended in the Democratic platform and he did not feel that he should recommend any thing that had. not been Included in the platform. Commission Wonld Assist Business. The commission proposed by the bill Introduced, today, which would absorb the Bureau of Corporations and which would have as Its first chairman the Commissioner of Corporations in this case Joseph E. Davies, of Wisconsin would consist of Ave members, salaried at $10,000, and would have powers of Inquisition over all corporations, save common carriers, which are regulated by the Interstate Commerce Commis sion. It also would act as . an ad visory board to the Attorney-General and the courts, but its most Important function is designed to assist business and the Government in preventing vio lations of the Sherman act; in aiding the Attorney-General to terminate al leged unlawful conditions by agree ments such as have recently been ex ecuted in the American Telephone St Telegraph Company and New Tork, New Haven & Hartford Railroad cases. In that capacity the commission would serve, in accordance with the sugges tion of the President in bis message, as the business agent of the "constitu tion of peace." Unlawful Combinations Set Kertfc. The Sherman act definitions bill would include within the meaning of the terms "every contract," "combina tion in restraint of trade or commerce," "combination in the form of trusts or otherwise," and the word-"monopolize" as used in the act, any trade combina tion or agreement which purposes "tc ; (Concluded on Pag 4.) Li I m