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About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (April 4, 1914)
TITC 3IORXIXG'. OREGOmy, SATT7HDAT, APRIL, 4, 1914. Tt BRANCH BANK FOR PORTLAND WANTED Most Financiers Are Satisfied With Selections as Far as Coast Is Concerned. CAMPAIGN TO BE PUSHED Heads of Oregon Institutions tx pect to Get Secondary Reserve Station and Representation on San Francisco Board. "Wanted A branch of the San Fran cisco regional bank in Portland. This is the attitude of the Portland bankers in the organization of the new Federal currency system, and an active campaign to attain that end soon will be under way. Not until the San Francisco district is formally organized will it be pos sible to make definite plans, as the locating of branch banks is placed en tirely in the hands of the directors of the regional bank. The San Francisco regional bank will have nine directors, three bankers se lected by the member banks, three business men, also selected by the member banks, and three men, prefer ably bankers, selected by the Federal reserve board. Portland's campaign for a branch bank, therefore, will have to be made before this board of directors of the San Francisco bank. It is expected that the San Francisco bank will begin formal organization within 90 days. -Portland Bankers Satisfied. So far as the arrangements for han dling the business of the Pacific Coast is concerned, Portland bankers are well satisfied with the decision of the Fed eral reserve board. They did not ex pect a regional bank in the Northwest, but were satisfied . that should the Northwest have been given a regional bank, Portland would have been named as the center. When the organization committee was in Portland in January the bankers of this city were almost unanimous in expressing the opinion that only one bank should be placed on the Coast, and that at San Fran cisco. The necessity of placing a branch bank in Portland was held. before the committee, however, and it is confl dentally expected that little difficulty will be experienced in getting a branch. By establishing a branch bank here It is believed that Portland strengthens its chance sof getting a regional bank later. The plan suggested by the com mittee of asking Congress to permit the organization of a separate regional bank in the Northwest as soon as the business of this district merits such ac tion is particularly pleasing to the Portland bankers. They believe that within the next 10 or 15 years the growth of Oregon, Washington, Idaho and Western Montana will be sufficient to make a separate regional bank in this territory desirable, i Meanwhile they will he well satisfied with a branch of the San Francisco bank. .Mr. Stills. JVot Disappointed. "There is no. reason for us to be dis appointed over the action of the com mittee in naming only one bank for the Pacific Coast," said A. L-. Mills, presi dent of the First National Bank and President of the Portland Clearing House. "We could not reasonably ex pect a separate bank for the Northwest at this time. At some time in the future, however. I think it will be ad visable to make provision for a bank of our own. For that reason I am sorry that the committee selected the full number of 13 banks at the start. It would have been easier for us to get a bank, for which provision already has been made, than to go to Congress with a petition for authority to organ ize another district. "Meanwhile, however, our interests will be served very well if we get a branch bank. Of course, we shall have to wait until the San Francisco district is organized before we can take definite steps to secure a branch. "Portland has been a candidate for a branch bank from the start, and I an ticipate little difficulty tn getting one. It only one branch is placed in the Northwest this is the place for it. It is possible, however, that two or more branches will be distributed in this ter ritory." Representation Is Expected. There is a well defined feeling among Portland niankers that the Northwest will be adequately cared for when the San FrMiisco bank is organ ized and taaiilacili)st one from each of the three classes of directors will be chosen from this territory. Bankers here believe that the members of the San Francisco regional bank will be fair enough to distribute the directors over the territory, probably choosing one from each class from the San Fran cisco district proper, including Nevada and Utah, one from the Southern Cali fornia district,, including Arizona, and one from the Northwest. While it is natural that those cities whose applications had to be rejected are disappointed, Portland bankers generally are pretty well satisfied with the work of the organization com mittee. There is considerable surprise in some quarters that Richmond was selected, but those who are acquainted with that territory point out that Rich mond is the natural financial center for a large portion of the district that it is to serve. Other well informed bank ers believe, however, that Baltimore would have beeen a more convenient point. Missouri Selections Surprise. The fact that St. Louis and Kansas City, both in Missouri,. were chosen also has caused some comment. Tet, it is pointed out that the committee could not get away from naming St. Louis, as it is the center of an immense wholesale and distributing trade. Kan sas City also serves a vast territory. It would have been impracticable, to place the bank for that district in Den ver, as has beeen suggested, as the natural trend of trade is eastward, not westward. It would have been awk ward for-Kansas City banks to do busi ness in Denver. The fact that Dallas was chosen in place of. New Orleans also occasions surprise, but Portland bankers are in formed that the Texas banks did not want to do business in New Orleans. They wanted Dallas, with Kansas City as their second choice. "We would have felt better about it if the committee had selected only eight or ten banks," said- another Port land banker yesterday, "thus reserving a place for Portland, but it must be remembered that in effecting this or ganization the interests of the entire country nail to be considered, so it is not for us to criticise." MAJESTIC .FILM SHOCKS "Judith of Bcthulta" Questioned by Mayor and Censor Board. "Judith of Betnulia," a four-part Bio fcraph Biblical story now being shown at the Majestic Theater, has been the subject of much controversy between Manager James, the censor board and the Mayor's office. The censor board and" the representative of the Mayor's office, claim that there were several scenes in the films which were consid ered violative of the present city ordi nance, which, in their judgment, were improper to be shown to a moving pic ture audience. Manager James says that he has made a special canvass of many promi nent citizens, both men and women, to determine whether they had found any thing in the picture that was in any Wa.y "hockin8" or improper "I have found no one who does not approve of it," he said. "On the con trary, we have been repeatedly compli mented on the wonderful detail and execution of this camera production. "Personally speaking, I have never seen a subject, since I nave been con nected with the moving picture busi ness that would compare with this one. ARCHBISHOP TO-VISIT ROME 1ST NJSXTFJBW MONTHS.- vMC il ' At ? -r r ' " it -szJ it iff t U i t Rfc Rev. Alexander A. Christie. Archbishop Christie will leave Portland within the next few months to make a pilgrimage to Rome. The exact date for his departure has not yet been set, but he expects to leave by early in the Fall at the latest. Many of the bishops of the -Northwest states will be in Rome at the same time and several may make the journey at the same time as Archbishop Christie. Once in 10 years they are re quired to make the pilgrimage to Rome and this year is the ap pointed year for many of the American prelates. Bishop O'Reil ly, of Baker, is now in Rose. Bishop Lenlhan, of Great Falls, Mont, and Bishop Carroll, of Helena, Mont., probably will leave for Rome in the near future. and I feel that those criticising it do not comprehend the real significance of the story as it is portrayed." TOLLS TOPIC OF TALK J. N. TEAL DEJTOUKCES MOVEMENT TO REPEAL CAN' A I, MEASURE. Realty Board Urged Extend Full Co-operation la Campaign for . Jetty and Dredge Work. "When that time comes that we must ask any foreign nation for guidance as to how we should conduct our foreign policy, the day of our decadence and dishonor has set in." declared Joseph N. Teal In his address before the Port land Realty Board yesterday on the Panama tolls question. "We built that canal with our own money on ground that belongs to us; we have taken all of the risk in its construction and alone we bear the re sponsibility of protecting it. It is the only canal in the world that can ever be of any 'particular benefit to the United States, and we have the right to use it to our local advantage, in spite of the protest from Cireat Britain." Mr. Teal said he had the honor of being the first man in the United States to formulate a resolution demanding free tolls on coastwise traffic through the Panama Canal and that he was in spired in his action by a desire to see the Western country get a square deal in transportation matters. The speaker recited diplomatic nego tiations on all matters affecting the Hay-Pauncefote treaty as it is now re lated to the tolls contention and de clared that it was entirely proper for tne united states to enact a free tolls provision on coastwise. traffic. Mr. Teal also appealed to the Realty Board for earnest co-operation in the campaign for jetty and dredge ex penditures at the mouth of the Co lumbia River. FISHING SLOOP CAPTURED Canadian Cruiser Malaspina Reports Taking of Prince Olaff. VANCOUVER. April 3. By wireless telegraph tonight the Dominion fishery cruiser Malaspina reported the seizure of the American fishing sloop Prince Olaf oft the north coast of Vancouver Island. The Malaspina reported that she was towing the sloop to Prince Rupert. No further details of the capture were given. In one year 1,500,000 volumes are called for and supplied by the British Museum. Women are Interested in saving money and material, and will be glad to know the texture, flavor, whplesome ness of home bak ing will be of. the highest quality if they use -Crescent Baking Powder Without reserve we recommend its purity, strength and uniformity; Your Grocer Has It "Candy Day'? at the Main Floor Bargain Circle Today-Treat the Home Folks to Box of Our Delicious OWK Bon Bons Enjoy Down-Town Luncheon Today in Our Beautiful Tea Room, 4th Floor -Manicuring and Hairdressing, 2d Floor Double xomt Stamps with all cash purchases V ( made today in the Shoe Dept., on First Floor. Olds, Wortman King Reliable. Merchandise Reliable Methods ' 6Sox Hours A.M.t6P.lI.EvBoaiBiIaysuTaylaciaaW4 Green r m J JTa ' ' J Vl i f will bo riven on all charge accounts if paid in full on or before the 10th of each month. Take advantage of this. 5 Kxtiraordimaryj Pre-Easter Sales All W omens Ready-to-Wear Apparel Reduced All Men's and Boys Clothing and Furnishings Reduced Entire Stock Gloves. Ribbons and Neckioear Reduced All Hosiery. Jewelry. Handbags and Stationery Reduced Entire Stock Table Linens Reduced ' will if Women's New Spring Suits At $14.95 to $29.25 Dept. Second Floor Today we feature a Pre-Easter Sale of Women's and Misses' Spring Suits at above popular prices. Lat est novelty and tailored effects in a splendid assortment of sea sonable fabrics and materials. Many jaunty models for juniors in sizes 14 to 18. Women's sizes up to 44. C0" O! They are priced for this sale from S14.95 to wwO $13.50RaincoatsStecial$6. 75 Lingerie Waists, Special $2.79 Second Floor Special line of Women's and Misses' Raincoats to be disposed of at about half - price. Rubberized and cravenetted materials, with loose and belted backs, storm collars and radian sleeves. Sizes 14 np to 44. GJJ 7 ' CT Coats worth np to $13.50 W'O O Second Floor Made from fine, sheer marquisettes, crepes and batistes, charm ingly trimmed with laces, embroideries, tucks, etc. New drop-shoulder effects, with low or high necks and long- or short sleeves. Priced extra special CJO 7( for today's selling at only H4Zt. 4 Sale Children's Wash Dresses 1 Parasol to Match FREE! Second Floor Pretty little Wash Frocks French and Bolero, in plain, tan, blue and pink chambray with trimmings of stripes and checks to matcn. Cf.Ws r v w Ages 6 years. Special at ' Second Floor Children's attractive Wash Dresses of good grade plaid ginehams. Embroidered collars and cuffs. Waist styles with plaited skirts Ages 6 to 14. Special .98 $1 Sale Kid Gloves $1.25, 31.5Q and $1.75 Grades Center Circle on Main Floor Women's 2-clasp Real Kid and High-Grade Lambskin Gloves at a phenomenally low price- for Saturday's selling.. It's our Annual Pre-Easter Sale, which is eagerly awaited by hundreds of our customers. Every pair up to our OWK high standard of quality. Black, white, tan and brown. All sizes. Reg-alar (7 f $L25, $1.50 and $1.75 Gloves priced at, the pair J JL fj J All Easter Millinery Today at V Off This Includes Our Entire Stock Trimmed and Untrimmed Hats in Millinery Department. 2d Floor Again today we offer unrestricted choice of our entire stock, of high-grade Millinery at U off our already moderate prices. Women who appreciate distinctive and original styles will not hesitate longer to choose the new Easter Hat. Special care will be taken to see that you are waited upon promptly f All Trimmed and Untrimmed flats now selling at 4 Jtt Women's 50c Underwear at 39c 50c Silk Lisle Hose 35c Pair Department, Main Floor Wo men's sleeveless swiss-ribbed Union Suits and fine lisle vests. Nicely finished and perfect fittinp. All sizes in the lot. Regular OQ. 50c grades. Special . at-''.' Department, Main Floor Wo men's Silk Lisle Hose, in famous makes. Black, white and tan. Reg ular and outsizes in this assort ment. Standard 50c Hose. Off ff Special for today,- at pair Pre-Easter Sale Footwear 1 " M e ns and Women & $5 Sh m $3.38 Double S. & H. Trading Stamps With Cash Purchases in this Department Today. Men's and Women's high-grade Spring Footwear in a wide range of popular leath ers and lasts. Lace or button styles. Espe cially strong showing of Women's Shoes, in patents, with cravenette tops; gunmetals and tan Russia calf, new spool and leather "Louis" heels and high or receding toes. Strictly first-class Footwear in every par ticular and grades that usually JJ O O O sell at $4.00 and $5.00 the pair P -- O 49c" Specials in the Basement Neatly trimmed. Full omen 's 75c and $1.00 V Boys' 75c Knickerbocker Pants, Ages 6 to 15 years. Special, pair Alen 7s 7oc Outing Flannel Nightshirts. All sizes. Special 85c New Model Corsets. Sizes 19 to 30. Special for today at Women's roc Muslin Gowns. sizes Waists. in white and colors. ctoecial $1.00 and $1.25 Baby Embroid ery Flouncings. Special, yard Regular $1.00 Voile and Crepe Flouncings. Special, the yard 24-inch Imported Pongee Silks. Natural color. Special, the yard Women's 75c Percale Bungalow Aprons. Special for today at lbx32-inch Uuck Towels. Good crade. Special at, tho dozen $1.00 and $1.25 Draper- Ma terials. 42 and 44 inches. Yard Women's $1.00 Genuine Leather . Handbags. Special for today at 49& 49c 49c 49c 49c 49c 49c 49c 49c1 49c 49c 49c j $l.QO Silks at 49c 5000 yards fancy Silks for Dresses, waists, petticoats, etc. Worth to $1.00. yr, On sale at, the yard C- Flouncings for 49c Shadow Lace Flouncings, in widths up to 27 inches. Grades worth to 75c. On sale at, tho yard 49c $4 Trimmed Hats $1.98 Fancy Straw Braids 9c Piece All Men's and Boys' Clothing Now at Reduced Prices Dept. Main Floor Step in today and select your new Easter Suit from such well-known makes as Brokaw Bros., Michaels Stem, Brandigee Kmcaid & Co. and others. You 11 be more than pleased with the styles and fabrics and, best of all, you will save money! Smart, up-to-date models for men and young men are offered in this T0 0- C f Great Pre-Easter Sale at prices ranging S13.50 to pi.OLf Entire Stock of Men's Hats, Shirts, Neckwear and Underwear Reduced Men's $2.00 Shirts, Special 69c E. & W. and Other Well Known Makes Main Floor Hundreds of these splendid Shirts found readv buyers today, but there are still all sizes in the assortment. Several well-known makes, including "E. & W." White only. Long or short stiff ?0 bosoms and plaited styles. Regular $1.50, $1.75 and $2 Shirts OIC Sale Men's Linen Kerchiefs 25c grades, 6 for Sl.lO S5c grades, 25; 4 for Sl.OO 60c grades, 35; 3 for 1.00 All pure linen, in plain or initialed, various styles. ', s V., lh, 2-in. hems. I SaleBoys'FeltHats Main Floor Entire stock of Boys' new Spring Felt HaU reduced. Regular $1.50 grades, S1.35 Regular $2.00 grades, SI. SO Regular $2.50 grades, 2.25 All Panamas and Straws reduced. Sale Boys' Middy Wash Suits Main Floor We show the most complete line of Boys' and Children "s Wash Suits in, Portland. ' All reduced during the Pre-Easter Sale. Full line sizes. ?2.00 Suits now S1.75l!$4.00 Suits now S3.75 $2.60 Suits now S2.25 $3.00 Suits now $2.75 $5.00 Suits now S t. -15 All Other Suits Reduced Sale Boys' Shirts and Blouses Main Floor Boys' Shirts and Blouses, with at tached or separate collars. Great variety of novelty stripe patterns, also plain eolors. French cuffs, military collars. Supply tho boy's needs now. 50c Waists now at 45 I! $1.00 Waiata now SO 75c Waists now at 65 i $1.50 Waists at S1.35 Basement Pre-Easter Sale of 100 beautiful Trimmed Hats at about half price. Attractive ribbon and flower-trimmed models, in all the smartest Spring shapes and colors. Regular $3.50 and $4 tf t QQ Hats. Special at only PJ..ZfO Basement There are but 500 pieces of these splendid braids to sell at this price, and they are certain to be snapped up in a hurry- Assorted styles in black and colors. 10 and 12-yard pieces. On special Of sale today at only, piecef Rose Lawn Fertilizer 10-lb. Pails 50c Grocery Department, Fourth Floor Especially prepared for rose bushes, sweet peas, lawns, etc. One of the best Fertilizers on the mar-cj-,. ket. . Put up in ten-pound (net) pails OlC Exclusive Portland Agents for Burbank's Seeds i(rKra.izf 1 Grea t Sale Window Screens Department, 3d Floor 12x33-inch Adjustable Window Screens at 18 15x33-inch Adjustable Window Screens at 23 18-33-inch Adjustable Window Screens at 27 23x37-inch Adjustable Window Screens at 32 24x37-inch Adjustable Window Screens at 36 Careful Dressers Select ""'""soars For their extraordinary quality that permit ua to give an absolute g-uar-ante aa to every pair, for the unus ual features of comfort and anug ankle fit and for the wide range of shades and colors that make it pos sible to observe g-ood taste in dress ing and to harmonize the socks with the colors of other articles of appareL Sixes 9's to I2s all leading colors four grades every bos guaranteed , ANY QUALITY $1.00 a Box Sold in Portland at This Store Only Saturday Sale of Drugs Toilet Articles, Jewelry, Etc. Sc Ivory Soap, 3 for 1 Oc Limit, three cakes to a customer. No deliveries except with other purchases in Drug Department. Every article advertised in the following list is quoted at less than regular selling price. We reserve right to limit quantities. 15e Pears' Unscented Soap lO 15c ToiL Paper. 1500 sheets, lO 50c Pebeeo Tooth Paste now 28 50c Mary Garden Talcum at 35 Mary Garden Extract. Regular $2 ounce, spei-ial, ounce, SI. 25 25e Kolynos Tooth Paste at X4 4711 White Rose Glycerine Soap on sale Saturday at, cake, 8 $1.00 Imported Bocabella Castilo Soap on sale Saturday, bar, 85 8c Williams' Shaving Soap 5 10c Witch Hazel, Buttermilk or Oat Meal Soap, special, cake, 6 15c Borated Talcum on sale at 5 35c Witch Hazel 16-oz. size, 21 10c Moth Balls on sale, only 5 25c Whisk Brooms, special, lO $1.00 Sal Hepatica, special, 85 25c Emerson's Bro. Seltzer 20 35o Apenta Water on sale 25 50o Phenolax Wafers only 35 50c Stewart's Dyspeptic Tablets on sale Saturday, the box, 35 35c Merck's Sugar of Milk 28 25c White's Pine and Tar at 15 25c Lavoris Mouth Wash at 20 $1.00 Glycol hymoline now 79 35c Fletcher's Castoria now 25 $1.00 Pinkham's Compound 79 25c Peroxide, 16-oz. bottle, 15c 10c Peroxide, 4-oz. bottle, at 5 $1.00 Fitch's Dandruff Remover on special sale today at only 85" Sale of Brushes 15c to 20c Tooth Brushes at 10 Solid Back Hair Brushes, in as sorted woods and shapes, full bristles, worth to $2, aX Sl.OO 75c Nail Brushes, open back, on special sale today at only 50 75c Bath Brushes, strap backs, on special sale today at 50 65c Rub. Cushion Hair Brushes on special sale today at 39 $1.50 Large Hand Mirrors 89 Sale of Easter Jewelry Jet Ear-Ringb, assorted desiens, in the latest effects, at only 50 Hand - Engraved Sterling Silver" Bar Pieces, neat size, "assorted patterns, on special sale at 50. Platinoid Pictures Frames, with ball feet, photo size, special, 50 Solid Gold Tie Clasps, with chip diamonds, large assortment, worth to $3.50, yonr choice at 31.50 Plain Solid Gold Link Buttons for engraving. $3.50 grades, S1.50 Solid Gold Lavallieres, diamond set, worth up to $15, only $10 Sale of Rubber Goods 3-quart size Rubber Hot Water Bottles. $1.75 grade, at S1.25 $1.75 Rubber Syringes S1.25 Rubber-Lined Travel Cases 35 fT-fryff Bottle Maurine Hand Lotion or Rouge for every " empfy Maurine Cream jar returned to Drug Department.