9
JOB LONG HELD FOR
NTGOMBS 15 FILLED
ILLINOIS' EX-SENATOR AT HEAD OF FOUR CHICAGO BANKS
CLOSED BY STATE OFFICIAL.
Visit the
Balcony
Book Shop
Every Book
That Is
Fit to Read
CHICAGO SUSPEND
' cJ Merchandise- of.cMeritOn!'
TTTE MORNING OREGONIAN, ' SATURDAY, JUNE 13, 1914.
LORIHIER
BANKS
' -
State Bank Examiner Orders
Closing After "Mild Run"
Lasting Three Weeks.:
DEPOSITS ARE $6,411,997
Reopening Next Week Predicted by
Official "Slow Assets" Discov
ered Recently Political
' Phase la Denied.
CHICAGO. June 12 Four state
banks in Chicago, with aggregate de
posits of $6,411,977. and reported cash
means of $1,434,692, were taken charge
of today by- the state banking depart
ment, which closed the bank doors and
began examination of the banks' 'af
fairs. The four were the J.a Salle Street
Trust & . Savings Bank, the Broadway
State Bank, the Illinois State Bank
and the Ashland-Twelf th State Bank,
known in financial circles as the Lorl-mer-Munday
chain of banks.
-The La Salle Street Trust & Savings
Bank, the president of which is Wil
liam Lorimer, unseated from the United
States Senate, was the main institu
tion, the three others being outlying
banks whose balances and reserves
were carried to a great extent by the
La Salle Street Bank.
Political Phase Denied.
- Chief Bank Examiner Harkin said
tonight he expected to see the La Salle
Street Trust & Savings Bank open for
business next week. He declared that
he sent examiners to the smaller in
stitutions as precautionary measures.
Me insisted there was no political
phase in the closing of the banks.
. An examination of the La Salle
Street Trust & Savings Bank by Harkin
two months ago disclosed, he said, a
quantity of what he regarded as slow
assets. The bank officials are said by
state officials to have pleaded for a
little time in which to change that con
dition. In the last three weeks, according to
Examiner Harkin and the cashier of the
bank, there had been what was termed
a "mild run" on the bank, causing a
depletion of about $1,000,000 in deposits.
William Lorimer, president, and C. B.
Munday, vice-president, of the La Salle
Street Bank, refused to comment on the
situation. ' s
Banking Circles Stirred.
The closing of the four banks created
g1 ip In t n 1- n a "i ml a a
James B. Forgan, president of the
First National Bank and chairman of
the Clearing-house committee, said:
"The closing of the La Salle-Street
Trust & Savings Bank should not have
the slightest effect on any other banks
in the Chicago district. The banks
wh.ch have closed their doors are not
associated With any other downtown
banks. The La Salle-Street Trust &
Savings Bank is not a member of the
Clearing-House Association and has
had none of the privileges of the Clearing-house."
State Auditor James J. Brady, in
Springfield, declared that the action was
authorized by him. If the chief exam
iner found conditions which warranted
the action.
Receivership Humors Current.
In spite of the sanguine view of 'Ex
aminer Harkin rumors of expected ap
plication for a receiver for the banks
were current.
No detailed statement of the amount
of assets and liabilities found by . the
examiner was made today.
The funds of the City of Chicago on
deposit in the four banks total nearly
$1,UOO,000, but are said to be amply pro
tected by bonds.
Bank In Politics, Is Charge.
Mr. Munday was named among other
defendants in two recent court actions,
the suit filed by John II. Coyne against
James J. Brady, State Auditor, and an
application for a receiver on May 22
by the minority stockholders of the
Kosehill Cemetery Company.
In the Coyne suit it was alleged that
Brady, Mundy and C. E. Ward, secre
tary of Lorimer, had maliciously ' de
vised a scheme to remove Coyne as a
bank examiner. It is charged in part
that "The La Salle-Street Trust & Sav
ings Bank, by C. M. Munday, vice-president,
made a $2500 contribution to some
unknown person who delivered the
same to James J. Brady, and that fol
lowing Brady's election the bank made
a further contribution of $500 to the
defendant, in consideration of which
they were to be allowed to name cer
tain employes in the State Auditor's
office, and especially procure the retain
ing of L. L. Bacchus, chief of the bank
ing and loan department of that office."
Loans to Bank Charged.
In the Rosehill Cemetery case . the
application for a receiver charged that
Munday, treasurer of, the company;
John K. Seagrave, director ol the cem
etery company and chief clerk in the
office of the State Auditor, and- others
had caused a diversion of the assets of
the company.
In the application It was charged
that loans amounting to $230,416 had
been made to the La Salle-Street Trust
& Savings Bank from the funds of the
company, while securities har been pur.
chi-ed from the bank at an excessive
price. $237,795 being used for this pur
pose. ARMY REAL "HANDY MAN"
Tornado, Floods and Strike Com
mand Service, as Well as War.
WEST POINT. N. T.. June 12. Sec
retary of War Garrison, in referring to
the Mexican situation in an address to
the graduating class of the United
States Military Academy today, praised
the conduct of the Army at Vera Cruz.
"Ours is an Army ready for action;
a fighting force if fighting is neces
sary, but at all times a body of strong.
calm, resourcerui, seir-restratned men
doing things in a fine way," he said.
"The American Army has become the
all-around "handy man' of the Govern
inent," he continued, in commenting on
the service given during the Omaha
tornado, the Ohio floods ud the Colo
rado mine strike.
1
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WILLIAM LORIMER.
President Names Representa
tive Sharp, of Ohio, Am
bassador to France.
HERRICK TO BE RETIRED
TRUST BILL SHAPED
Senate Will Get First Look at
Proposal Today.
DEBATE MAY BE RUSHED
T. H. G00DMANDIES AT 83
'Original Traffic Man," Well Known
Through West, Succumbs to Age.
SAN FRANCISCO. June 12. T. H.
Goodman, general passenger agent of
the southern Pacific from its pioneer
days until his retirement in 1905 on
pension, died last night, it was learned
today, of a general decline at the Gen
ei-al Hospital. He was 83 years old.
Mr. Goodman was one of the best
known railroad men in the West and
waa sometimes called "the original
traffic man."
His connection with the Southern Pa
cific dated from 1868.
Interstate Commerce Committee
Puts Finishing Touches on Meas
ure and as Amended Will Go
Before the Upper House.
WASHINGTON, June 12- The Sen
ate probably will get its first look to
morrow at the sort of trust legislation
the interstate commerce committee
wishes to see it act on. Th commit
tee today put finishing touches on its
Federal trade commission bill, a sub
stitute for the measure on like lines
recently passed by the House.
Chairman Newlands probably will lay
the bill as amended today before the
Senate tomorrow and will seek to have
it made the unfinished business. If the
Senate agrees it may jump into the
middle of a debate on trust regulation
next week. The action of the Senate
committee in substituting its own bill
for one uponwhlch the House and a
House committee spent many weeks
will not tend to shorten the discussion
in the Senate or advance the hope of
adjournment in July.
Although they are drawn on similar
lines, there are material differences in
the two bills, which were added to by
today's amendments. One amendment
regarded as peculiarly subject to Sen
ate discussion provides that "unfair
competition in commerce Is hereby de
clared to be unlawful." It would em
power the trade commission to prevent
such unfair methods of competition.
Another amendment would authorize
the commission "to investigate foreign
trade conditions to see whether Amer
ican exporters have combined among
themselves or with foreigners to con
trol prices abroad."
An amendment to be taken up early
tomorrow would make unfair competi
tion unlawful between pipe lines carry
ing oil and gas in interstate commerce.
PARK ALLOWANCE IS GUT
house: committee scrimps
MAKING APPROPRIATIONS.
IN
Glacier Park, in Montana, However, In
State Represented by Democrats,
la Not Forgotten.
OREGONIAN NEWS BUREAU, Wash
ington, June 12. Because of the de
pleted condition of the Treasury, re
sulting from the Underwood tariff law,
the House appropriations committee
cut heavily into the appropriations
carried by the sundry civil bill, and. as
usual, started economizing on the Na
tional parks. Representatives Hawley
and Sinnott went before the appropria
tions -committee some days before the
bill was reported and urged an appro
priation to carry forward road work
in Crater Lake Park, pointing out tha
tne parte win De a spot mucn sought
by tourists next year on account of the
San Francisco Exposition.
The committee granted only (75,000,
which is less than was appropriated
last year and only one-tenth of the
total cost of the road. It is evident
that only a small part of the park can
be opened to visitors next year.
Mount Rainier Park, in Washington,
fared even worse than Crater Lake,
only $51,000 being allowed it, and Gla
cier Park, in Montana, in a state repre
sented by a, solid Democratic delega
tion, received the same allowance as
Crater Lake. -
INCOME TAX DISAPPOINTS
Receipts Exceed Ordinary Expenses
by Only $30vOOO,HQ.
WASHINGTON, June 12 Estimates
by Secretary McAdoo tonight indicated
that the Government income for the
fiscal year ending June 30 will exceed
ordinary expenses by about $30,000,
000. That is about $10,000,000 less than
last year's surplus. Income tax returns
have fallen far below original esti
mates and failed to offset the expected
decrease in tariff receipts under the
new law, but the custom-houses turn
in about $21,000,000 more than it was
figured they would.
Whatever surplus there is for the
year will be absorbed by Panama
Canal payments, as it was last year.
Secretary McAdoo estimated that
this year's ordinary receipts would
aggregate $733,000,000 and the total
ordinary disbursements $703,000,000.
Total receipts for the last fiscal year
were $723,782,921, with ordinary dis
bursements of $683,699,692.
Future Diplomat Is Lawyer and
Manufacturer Appointment Adds
to Long List "of Members of
House to Be Honored.
WASHINGTON, June 12. President
Wilson chose Representative William
Graves Sharp, of Elyria, O., today to be
Ambassador to France, and sent his
(-nomination to the Senate. Mr. Sharp, a
Democrat, will succeed Myron T. Her
rick, of Cleveland, an ex-Republican
Governor of Ohio, and the last of the
Ambassadors holding over from the
Taf t Administration.
The post to Which Representative
Sharp has been appointed became the
center of speculation the day President
Wilson was inaugurated, when it be
came known It had been offered to
William F. McCombs, chairman of the
Democratic National Committee.
Place Lou ST Held for McComna.
Mr. McCombs was not prepared to
decide whether he cared to give up his
place as head of the National Commit
tee or give up his business in the
United States and go abroad. For more
than a. year President Wilson held the
appointment open to him.
When Mr. McCombs . decided not to
take the Paris post, it was said Secre
tary McAdoo was being considered.
Mr. Sharp is 55 years old. a lawyer
by profession and later a manufacturer.
The present session of Congress is his
third term. His selection for one of the
most Important posts in the diplomatic
service recalls that President Wilson
has found men in the House of Repre
sentatives for many Important offices.
Members of House Rewarded.
Among his recent appointments have
been those of Representative Coving
ton, of Maryland, to be Chief Justice of
the District of Columbia Supreme
Court; Representative Kinkaid. of New
Jersey, as postmaster at Jersey City;
Representative Murray, of Massachu
setts, postmaster at Boston; Repre
sentative Francis Burton Harrison to
be Governor-General of the Philippines;
Representative Clayton, of Alabama, to
be a Federal District Judge, an 1- Rep
resentative John W. Davis, of West
Virginia, to be Solicitor-General of the
United States.
Postmaster - General Burleson was
serving as a Representative from
Texas, and Secretary Redfield was rep
resenting a New York district in the
House when President Wilson chose
them for the Cabinet.
SECOND PLOT UNCOVERED
Cunard Line Blackmailer Also Said
to Have Tried New Haven.
NEW YORK, June 12 While ar
rangements were in progress today for
the extradition to this city of Henry
Wescott. a young negro, arrested last
night near Bogota, N. J.,"charged with
attempting to obtain $10,000 under
threats of blowing up a Cunard steamer
with dynamite, city detectives contin
ued their investigations in the belief
that Wescott, or Joseph Burton, as he
later admitted his name to be, had the
aid of one or more confederates.
The police learned today that Bur
ton, or Wescott, had written a letter of
a similar nature to the New York, New
Haven & Hartford Railroad. In this
letter the negro demanded. $35,000,
threatening to wreck one of Its fast
passenger trains.
WILSON-TO SEE OLD MATES
President Will Attend '7 9 Princeton
Class Celebration.
WASHINGTON. June 12. Leaving the
cares of office behind him for a day.
President Wilson will go to Princeton
tomorrow to join with the other "old
graduates" of the class of '79 in cele
brating their 35th graduation anni
versary. The day will be devoted to
Princeton -celebrations, including a
lunch and dinner ' of the President's
class and the baseball game with Yale.
The President plans to return to
Washington early Sunday morning, to
speak at a flag day celebration at the
state, war and navy building on Monday.
Mrs. Barbara Brace Is Dead.
OBJEGON CITY, Or., June 12. (Spe
cial.) Mrs. Barbara Bruce, aged 74
years, died at her home on Tenth and
Division streets this morning after an
illness of several weeks. The funeral
will be held at 2 -o'clock tomorrow
afternoon at the Elyville Church and
burial will be in the Mountain View
Cemetery. Mrs. Bruce was born in
New York 'and came to Oregon when
a child. Her husband has been dead
some time, but several children sur
vive her.
RISE AND FALL OF "WILLIAM LORIMER.
Cooke.
April 27, born in Manchester, Knsland.
Came to America with parents.
Came to Chicago and became newsboy.
Started to learn slgnpalnter'a trade as apprentice.
Worked aa delivery boy for a laundry.
Entered real estate office. "
Became streetcar conductor on West division lines.
Went to work for a packing house.
Organized "Seventh-Ward Bepubiican Club with John A.
Became George R. Davies lieutenant.
Defeated for County Clerk.
Made superintendent of city water department.
Ran for Circuit Court Clerk and was defeated.
Started brick -and contracting business with Alderman Murphy.
Became Representative In Congress from Second District.
Became Republican dictator of Chicago politics.
Tried for United States Senatorahlp. bat was defeated by William
Mason.
1903. Re-elected to Congress.
Elected to United States Senate after legislative deadlock.
Established the La Salle-atreet National Bank.
Expelled from Senate following sensational, charges of bribery.
Reorganized La Salle-street National Bank' Into state institution.
Disaster.
1861.
1866.
1870.
18T1.
1872.
1873.
1SS1.
1882.
1883.
1884.
1890.
1891.
1802.
1892.
1894.
189S.
1896.
E.
1909.
1910.
1912.
1912.
1914.
NEW YORK OFF AIR MAP
NEW ROUTE FOR AEROPLANE RACE
IS FAVORED.
From Chicago Through Great Lakes
and Up Coast of Labrador la
Rated aa More Feasible.
NEW YORK. June 12. (Special.)
New York probably will be left out of
the aeroplane race around the world
that is being organized to start from
the Panama-Pacific Exposition grounds
in ban irrancisco in May, 191e. It had
been Intended originally to make New
York one of the principal control
points, where the entrant would have
to pass.
Arnold Kruckman, director of aero
nautics of the exposition, arrived in
New York tonight. He has been over
the course of the proposed new route
from Chicago through the Great Lakes
and St. Lawrence River up the coast
of Labrador. He considers that route
more feasible than the New York route.
In Labrador Kruckman arranged
with Captain J. E. Bernier, of the
Canadian Revenue Service, to leave
July 15 on a 14 months' voyage to de
posit gasoline and supplies at hunting
and fishing stations along the Labra
dor and Greenland coasts. Aeroplanes
will1 cross from Labrador to Greenland
from Hamilton Inlet to Evintude, 400
miles. Evintude is a settlement of
about 300 Americans employed in han
dling salt from the Eryolite mines.
BURGLARY CHARGE MADE
TECHNICAL OWNERSHIP OF" STOCK
DOES NOT SAVE.
Jewelers Employe Repeats Confession
and Property, Except That Given
to Woman, la Recovered.
SAN FRANCISCO. June 12. Joseph
Flschler, an employe charged with bur
glary of 130,000 in jewelry and cash
from the Samuels Jewelry Company
Tuesday night and arrested in Santa
Cruz last night, was brought here to
night by detectives and is now in the
city jail. Flschler repeated in detail
a confession made yesterday.
A burglary warrant against Flsch
ler was not served until late tonight
because the police were told that he
owned a share of stock in the company.
After they learned that the share had
not been bought by Fischler and was
only technically in his name they de
cided to lodge the burglary charge, and
on that charge he will be arraigned
probably tomorrow in the police court.
Practically all the jewelry and money
taken by Fischler has been restored
except the small diamonds and pearl
necklaces he gave to Mrs. Corinne
Houston, whom he entertained in cafes
and automoblling after the robbery.
Fischler today confirmed the report
that he is a graduate of the University
of Pennsylvania and son of Mrs. Her
man Fischler, of 1316 North Twelfth
street, Philadelphia, a widow whose
husband for 12 years was publisher of
the Philadelphia Democrat.
NEGLECT, OF LABOR ERROR
Secretary
turers
Redfield
Overlook
Says ManufaC'
Big Factor.
PHILADELPHIA, June 12. Manu
facturers are neglecting the most im
portant factor in the whole problem
of production the worker it was as
sorted by William C. Redfield, Secre
tary of Commerce, in an address read
tonight at a banquet which brought to
a close the second annual convention
The Greatest Glove Sale of the Year
Continuing Saturday
With First Quality Gloves, All Fresh
Stock, Perfect Fitting
Satisfactory
A glove safe that is REMARKABLE FROM
EVERY STANDPOINT. In it you will find only
the best and most reputable makes gloves of standard
quality, perfect fitting, fresh selected skins.
OUR Glove Store cannot jeopardize its good repu
tation by offering odds and ends, old stock and inferior
gloves of any kind. HEREIN LIES THE DIFFER.
ENCE IN OUR GLOVE SALES FROM MANY
OTHERS.
Following is a list of the gloves on sale, in each in
stance at radical reductions:
Ji. AH
$1.25 DoesUin Gloves 95c
One-clasp guaranteed washable'
doeskin gloves, pique sewn and
Paris point stitched. A glove of
very soft, pliable quality.
$2.50 L. Kid GWs $1.95
12 and 1 6-button-length kid
gloves, glace finish, of especially
selected stock, in white only. All
sizes. 5J to 7.
$4.00 Kid Gloves $2.98
Real kid, 1 6 - button - length
gloves direct from France, made of
the finest stock overseam sewn, with
three-pearl clasps at wrist.
$3 Doeskin Gloves $2.23
1 6 - button - length guaranteed
washable doeskin gloves, suitable i
for both dress and outing wear.
Best doeskin glove in Portland.
$1.25 Kid Gloves 98c
Real kid gloves, made of light
weight, flexible stock, in two-clasp
style, overseam sewn. Paris point
stitched backs. In white and tan
shades.
$1.50 Kid Gloves $1.22
Two-clasp real kid gloves, with
heavy embroidered backs in con
trasting colors. Come in white only.
$1.50 DoeskinGloves $ 1 .22
Washable doeskin gloves, made
from selected stock, pique sewn,
with three rows of embroidery on
backs. In white only.
Lambskin Gloves $1.29
Selected lambskin gloves, with
one clasp at wrist and fancy em
broidered backs in self and con
trasting shades. In black, white,
tan. gTay and champagne shades.
$1.00 Silk Gloves 79c
1 6-button-length fine quality
silk gloves with double finger tips.
In white and black. Kirst Floor
A.i Extraordinary Sale Misses' . Girls'
ummer Ttilb Dresses and Suits
Liberally Lowered From Their K.egvalar Prices
For Girls From 13 to 18 Years
New Novelty $16.50 Challie Dresses for $9.95
Fancy figured and striped challie dresses in tan, rose, Copenhagen and navy. Fashioned in a very
charming style with cascade and collar of net piped in plain colors and net sleeves, wide satin or velvet
girdles and three-tier skirt. Also a few attractive models of messaline silks in grays, taupes and wine
shades, with net trimmings or contrasting pipings and fancy net vests and pleatings.
$8.50 Dresses of Plain or Novelty Crepes for $4.95
Dainty corded or plain crepe dresses with vests of contrasting colored satin and pearl button trimming.
Newest kimono cut waists with undersleeves of net and lawn cuffs. The skirts show the deep Russian
tunic These come in white over which are printed dainty colored designs.
The Smartest and Newest
$12.50 to $14.00 Linen and Ratine Suits
Saturday for $11.45
They have just arrived and. because of the June White Sale, we have marked them at most unusual
reduced prices, thereby affording young girls an opportunity to invest in at least one of the very newest tub
suits for Summer wear. Those of linen are shown in white, green or tango shade. The dresses of ratine have
coats of black and white check and plain white skirts. The jackets are modeled in the latest strap styles and
flare ruffles, or with pleated backs and yoke effects. New pointed collars, button trimmings. The skirts have
the deep tunics.
For Girls From 6 to 14 Years
$1.75 to $3.00 Wash Dresses, Very Special $1.29
These are excellent dresses from style and quality standpoint. Of striped gingham, percales and
fancy crash. Made in waisted styles with low loose belts and stitched belts. Large collars or embroi
dered revers. pique vests, plain colored bandings of percale or poplins, and pearl or fancy button trimmings.
Girls' Dresses Selling to $8.50, Special $2.69
Of fine white and colored poplins and piques, fine ginghams, dainty crepes and chambrays, also linens.
New novelty styles, with low belts, pleats over the shoulders or fine tucks; some have scalloped edges,
others hand-embroidered. Bolero effects, or vests trimmed with embroidery and lace. Crepes in dainty
flowered patterns with satin girdles and lace trimmings and buttons; also striped lawn frocks with vests
of crepe and pipings, lace trimmed.
For Children From 2 to 6 Years
85c Wash Dresses 59c $1.25, $1.50 Wash Dresses 98c
A most attractive lot of children's dresses of such splendid materials as ginghams, chambrays and
some crepes. Straight or waisted styles, trimmed with touches of contrasting materials, or embroidery, also
pique; kimono or set-in sleeves, loose or stitched belts. Fourth Floor
of th National Association of Corpor
ation Schools.
Secretary Redfield said that Congress
should place S200.000 a year at the dis
posal of a Federal board to study and
report on the problem in every industry
and trade in the United States. Until
such Investigation is made by the Gov
ernment, he said, the manufacturers
should study the problem themselves
from a scientific and humanitarian
viewpoint.
GREECE MAKES DEMANDS
Persecution by Turks Must Cease,
Porto Will Be Told.
LONDON. June 13. The Dally Tele
graph's naval correspondent suggests
ti.at the real reason for the attitude of
Greece against Turkey is a desire to
secure mastery of the Aejrean Sea be
fore the new Turkish dreadnoughts,
building in England, 'arc ready for sea.
The Daily Telegraph's Athens corre
spondent says the Greek Minister in
Constantinople has been instructed to
demand the cessation of persecutions
of Greeks in Asia Minor and the rein
statement in their homes and on their
properties of 50,000 refugees who sought
shelter from the Turks In Greek terri
tory. A guarantee also is demanded,
according to the correspondent, that
thes. refugees be not again mo'ested.
The reported attack by Turkish reg
ulars and a force of Bashi-Bazouks on
the town of Alvallk, Asia Mlnir, is de
nied. It is said that instructions from
Constantinople to the Turkish troops
arrived in time to prevent the attack.
Mays to Get Shingle Mill.
CHEHALIS, Wash., June 13. (Spe
cial.) C. A. and J. C. Butler, of Bal
lard, have secured a site and will at
once erect sv shingle mill at the new
town of Mays, 12 miles west of ChehaUs
on the Northern Pacific and Milwau
kee's new branch. The mill will have a
daily capacity of 90,000 shingles.
Tnpn has KOOO ml!n of steam railroad.
Analysis First
This Is equivalent to saying "Safe
ty First" to the manufacturer of an
article of National distribution.
Many advertising campaigns have
been failures because they have been
started without proper knowledge of
conditions.
The daily newspapers are always
willing to advise with advertisers
about conditions in their locality.
It is to the newspaper's Interest to
make advertising pay.