fTTT? MORgTNfl OREGOXTAy. THURSDAY. JULY 30. 1914.
'
II
S ENS
E
IS
MUCH
NGREASED
Imminence of General War
Sobers Public, and No Incit
ing Words Are Heard.
GREY STILL SEEKS PEACE
Knrope's Foremost Conciliator Be
lieved to Have Fresh Proposals.
Trend of Events Makes for
General Pessimism.
LONDON. July 29. The day's events
brought no relief to U ) suspense, nor
any diplomatic achievement to restrict
the Austro-Servian War to those two
nations. The feeling throughout the
Continent as reflected by reports to
the London papers Is tonight distinctly
more anxious than yesterday.
The events have made for pessimism.
Direct negotiations by Russia and Aus
tria, which gave the other governments
hope of a compromise, have failed and
are ended. Russia Is mobilizing against
the Austrian frontier four army corps
in each of four districts, consisting of
1.280.000 men. Russia's resolution to
stand by Servla appears to be fixed,
and Russian sentiment is all for tak
ing up arms.
Diplomat Not Yet In Despnlr.
A manifesto by the Russian Em
peror making his policy clear is ex
pected hourly. The diplomatic repre
sentatives have not yet despaired.
All say there is hope yet, and base
their belief on the fact that Germany.
France, Great Britain and Italy the
last two named most of all do not
want war and do not think the Austro
fcervlan quarrel important enough to
Justify it
St. Petersburg messages say that
Russia asked Austria for a direct ex
change of views, and that Austria re
fused this offer. The refusal appears
to have been to extend the much dis
cussed negotiations which yesterday
were considered in the chancellories as
the principal known basis for optim
ism. Urey Framing Proposals.
Sir Kdward Grey, the British Secretary
for Foreign Affairs, to whom all look
as th foremost conciliator of Europe,
is attempting, it is believed, to fame
freh proposals for a settlement. The
diplomatic world of London clings to
the belief that a means can be found
whereby Austria may satisfy Russia
that she can attain her ends without
recourse to measures which the Rus
sian government and Russian public
opinion cannot accept.
There Is the greatest anxiety wheth
er Russian mDbilization will be confined
to the Austrian boundary or is proceed
ing secretly against Germany, but be
tween mobilization and war there Is
a gap which the two nations bridged
In 1909 and may bridge again.
Rrttnln Wants No War.
Councils of state were held at St.
Petersburg. Berlin and Paris. The
British government continues the atti
tude that the crisis does not yet con
cern it save as a spectator and peace
maker.' An official statement issued
tonight says:
"No measures have been taken Dy
the military authorities which are of
the nature of mobilization. The only
orders which have been given are of
a purely precautionary and defensive
character. The naval measures are also
precautionary. Nd mobilization has
been ordered."
In the face of what so calm a states
man as Count Morely called' in the
House of Lords tonight "the possibility
of a vast catastrophy," both the pollti
cans and the press have become sobered
to an extent this country has never
before known. Not a word inciting to
International or domestic hostilities
comes from any quarter. The most bit
ter anti-German papers speak of Ger
many in terms of respect and friend
ship. TRADERS IGNORE SCARE
(Continued From First Page.)
centers were said to have sold fully
twice that amount on balance.
Investment Demand Soon Manifest.
A wavering tendency was shown here
at the outset, with declines of 2 to 6
per cent. As soon as the first offerings
were absorbed, the Influence of the
Investment demand became effective
and an all-around rally ensued which
held to the close. Such recessions as
occurred in the final dealings were
ascribed to realizing sales for profits.
Further gold engagements to London
and Paris were negotiated with a sharp
rise in call loans to 5 per cent and
some stiffening of long-time accommo
dations. It is possible that the gold engage
ments might have assumed larger pro
portions but for the high rates of
insurance fixed by marine companies.
The "war risk" was fixed at ?5000 per
Jl. 000.000 as against $1250 on the
previous day.
WHEAT PIT ESCAPES CRASH
Glimpse of Peace Has Sobering In
fluence and Trade Holds Down.
CHICAGO, July 29. Partly through
relief from the stronger houses on
'change here and partly because of a
glimpse of peace yet, if the Czar and
Kaiser should agree, the wheat trade
today eluded any instance of failure,
and confined wild fluctuations to a
bad half hour at the start and to a
near collapse at the finish. Stringent
calls for margins held the volume of
trading down to less than a quarter
of yesterday's gigantic total. and
lnrtrelv was the cause of a 4 -cent
extreme decline, as compared with last
night's wild advance of 94 cents.
Transfers of trades from concerns In
danger of not passing the clearing
house furnished the safety valve, ac
cording to statements tonight from
well-informed sources. No prominent
firm was said to have needed any such
aids, the only cripples being minor es
tablishments on whom the suddenness
of yesterday's tremendous wrench was
felt with crushing force.
Breathing time allowed by today's
setback In prices apparently has given
ample opportunity to prepare for any
new shock, even though far more se
vere and continued than came yester
day on the declaration of war.
Scenes at the close or the market
todav were in the sharpest contrast
with yesterday, when the wheat pit
was crowded with brokers rrantican
shouting In an effort to buy at the
highest point of the day. On the con
trary, when the hour to stop trading
arrived this afternoon, the price or
.heat was at the lowest level or tne
session and sales were light. The pit
was crowded with brokers, but tney
were comparatively quiet and their
trading was extremely conservative.
The reaction from the frenzied condi
tions of the previous day were notice
able an hour after the opening of the
board and became more pronounced as
the hour for closing drew near.
Thnnn of spectators crowaea tne
visitors' irallery throughout the day
and curiously watched the traders In
the pit below.
GOLD DISAPPEARS IX PARIS
Even Silver Is Scarce and Shop
keepers Cannot Make Change.
PARIS. July 29. Gold coin almost
t,.nr.a,riri fmm circulation in Paris
today, and even silver is becoming
scarce, so that many of the small store-
eepers are unable to give cnange.
Long lines of depositors waited out-
CLASH OF TROOPS
AT DANUBE
GOMES
Infantry, Artillery and Mon
itors Stationed on River
Are Engaged.
WAR SPIRIT HEIGHTENED
Patriotic Demonstrations on Vienna
Streets Surpass AH Previous
Efrorts Shelling of Bel
grade Described.
(Continued From First Page.)
DAILY COST OF GENERAL WAR
WOULD BE 34,000,000.
It Is estimated that the cot of a
general war. srch as would ensue If
Germany. England, France, Russia.
Italy and Roumanla should be drawn
Into the conflict between Austria and
8ervla. would ba S5t.00O.OO0 a day.
This Is bused on the estimate that
20.000,000 men would be called to
arms, of whom half would bo sent
to the front. The cost Is divided by
an expert as follows:
Provisioning of troops $12,500,000
Feeding of horses 1,000.000
Pay 4,200,000
Wage-s, arsenals and har
bor 1.000.000
Mobilization J.OOO.OOO
Transport of foudstutfs,
weapons, etc 4.000.000
Ammunition
Infantry 4.000.000
Artillery 1.2S0.O0O
Ship artillery 175,000
Fitting out of army 4.000,000
Ambulance service 500,000
Movement of ships 500.000
Deficit In taxes 10,000.00 0
Support for population
without means S. 750, 000
Requisitions, damage to
towns, bridges, etc 2.000.000
Total 54. 125.000
If such a war lasted as long as the
brief Franco-Prussian conflict of 1870
the outlay on this basis would ex
ceed $5,000,000,000, Irrespective of
war Indemnities.
side the savings banks today to with
draw their money, as all payments will
be suspended in case of war.
VIENNA, July 29. The Bourse com
mittee has decided to suspend all
Bourse operations until further notice.
Spain Assembles All Warships.
GIBRALTAR. July 29. Spain has
ordered every available warship to
assemble at the Balearic Isles, in the
Mediterranean. The battleship Pelayo
and several cruisers are proceeding
from the Moorish coast, and the cruiser
Extremadura and a torpedo-boat squad
ron are leaving Algeciras for the same
destination.
changed between Emperor William and
Emperor Nicholas, but here, too. hopes
were blasted. The public, nevertheless,
still sees a favorable augury in the
interchange of telegrams itself.
Meanwhile news continues to pour
into Berlin regarding Russian's mili
tary measures.
The French embassy professed to
have assurances from the German gov
ernment that Germany would not re
gard a Russian mobilization on the
Austrian frontier as an absolute casus
belli assurances perhaps received since
tSmperor William's return to Germany.
The situation undoubtedly is critical
and the pessimism of the bankers and
the public is justified. While the
Reichsbank decided today to leave its
rate unchanged, this decision is be
lieved to have been intended solely to
avert further alarm and a rate ad
vance is fully expected before the end
of the week.
Two long lines of men stood all day
before the counters of the Reichsbank
handing in notes for redemption in
gold. These lines were still unbroken
when the bank's business day closed.
Among the applicants for redemption
evidently were many small depositors
in savings banks who had withdrawn
their balances from these Institutions
and then hurried to the Reichsbank
to exchange notes for gold.
The foreign exchange market here
reflects the anxiety prevailing among
the Russian and Austrian peoples.
The price of St. Petersburg and Vienna
bills dropped today to the lowest level
of two decades. St. Petersburg notes
for 100 roubles, tho par value of which
was 216 marks, brought 202 marks,
while Vienna 100-kron notes brought
82 marks, as compared with a par
value of 83 marks.
FRANCE
IS
CONCILIATORY
Workingmen Battle With Police to
Attend Anti-War Meeting.
PARIS, July 29. Late tonight there
had been no change in the gravity of
th situation. At the Elysee palace
President Polncare was engaged In
conferring with Premier Vivianl and
the cabinet ministers. The government
was -continuing to use every means to
reach a basis for the conciliation of
the hostile countries.
As a result of the crisis. President
Poincare has abandoned his contem
plated vacation in the Alps.
Notwithstanding the order of the
government prohibiting an anti-war
meeting tonight, called by the revolu
tionary labor organization, thousands
of workingmen assembled and tried to
rush the cordons of police to enter the
meeting place. Fierce scrimmages en
sued and 250 of the rioters were ar
rested. BELGIUM EQUIPS ITS ARMY
Forts Receive Munitions and Bridges
Are Being Mined.
BRUSSELS, July 29. The military
movements in Belgium are being
rushed and by tomorrow night 100.000
men will be equipped and ready. The
forts around Liege and Namur are re
ceiving war equipments and the bridges
are being mined.
A special train is at Arlon, capital
of Belgian Luxemburg, ready to carry
the garrison to the north.
There was a run on the banks today.
An international Socialist meeting
held here tonight to protest against
the war was attended by James Keir
Hardy, independent labor leader and
Socialist member of the British Par
liament, and M. Jaures, leader of the
Socialists in the French Chamber of
Deputies. Demonstrations in the streets
followed the meeting.
RED CROSS TO RECEIVE AID
Funds Will Be Forwarded as Their
Contributors Indicate.
SAN FRANCISCO, July 29. Charles
L. McGee, secretary of the American
MAP SHOWING RACIAL DIVISIONS OF AUSTRIA-HUNGARY
f I A'OVC. w . iff i.V o c Oooooooooo o V lrV - V? I
: ff(,na... E3 oVo,BcO:sn:iooaj a v a
. Ji pom W s.v.v..,.v. :
: Stroocnat,m HHzV:lV.a.
Magyars Liil "fexiCP V 1 N A".' BA 2 A RV"" I
(Italians ana - 855 V X-.i-" t
Ladms raSfc MOWE -. J
Rumanians. .. Nsv , f J
' 1 1 Emery Walker au J
The above map shows at a glance the motive of Servian plotting and of Austria's declaration of war.
Servla aims to annex all the southern provinces shown, as inhabited by Serbo-Croats. This agitation en
courages like agitation among all other non-German subjects of Austria, and its success might be the signal
for revolt on their part. Hungary, having self-government, might continue the dual monarchy on revised
term. "but the Czechs. In particular, who increase far more rapidly than the Germans, would renew the at
tempt to restore the ancient kingdom of Bohemia,
The
Pictorial Re view
Fashion Book
For Fall
and the
Pictorial Patterns
for September
Are Now Ready
and show the latest fashion
ideas from Paris.
With the coming of Au
tumn these new fashions turn
from frills and puffs to long
lines and wider skirts.
Visit our pattern section
on the second floor and
spend a few minutes look
ing over these new style
ideas.
c Morclnendiso of cJ Mont Oni
All Goods
Bought Today
Charged on
Your Sept. 1st
Bill
Summer Linens
Imported From Japan
Japanese table covers,
squares, scarfs, napkins and
toweling, in pretty, new de
signs, of white materials print
ed in fast delft blue, in cher
ry and apple blossoms, wista
ria, butterfly, bamboo and
other equally attractive patterns.
LUNCH CLOTHS
Size 30x30 inches .... 39c
Size 36x36 inches. . . .49c
Size 42x42 inches .... 75c
Size 54x54 inches. .$1.25
Size 60x60 inches. .$1.49
Size 72x72 inches . .$1 .89
SCARFS
Size 17x45 inches. . . .39c
Size 17x54 inches. . .'.49c
NAPKINS
12x12 inches, dozen. .60c
15x15 inches, dozen $1.25
Basement
A Semi-Annual Event
Our Manhattan Shirt Sale
-Striving to do something better than we have ever done and isn't it taljj
efforts invariably meet with success? And this sale is bound to meet with UVt.Kwnt.uin.
ING success for the reason that Lipman. Wolfe & Co. show (at all times) a larger and
more complete stock of Manhattan shirts than can be found m any other store in the
The materials are the regular splendid qualities that one always associates with Manhat
tan shirts. , , .
The fabrics are of madras, silk and madras, pure silk. Oxford. Russian cord, percales
and flannels and comprise virtually all the shades in vogue.
Our men's section will be crowded today. But no man will be hampered m his choos
ing nor delayed after he has made his selection.
There's double the usual selling space. All the men's section is subordinated
to the convenience of this sale.
$1.50 Manhattan Shirts
$1.15
$2.00 Manhattan
Shirts $1.38
$2.50 Manhattan
Shirts $1.88
$3.00 Manhattan Shirts
$2.25
$4.00 Manhattan Shirts
$2.85
Also $5.00 and $6.00 Lipman
Silk Shirts $3.85
First floor
Preparing the First Great Sale of the Season
Of Colored Crepe de Chine Blouses
That Sell Regularly at $6.50 and $7.50
Today $3.95
This is one of those well-timed sales because it comes when the
fashion of colored blouses is at its height. In fact a correct ward
robe is not considered complete unless it numbers at least one col
ored crepe de chine waist, for the mode of wearing these colored
blouses with white Summer skirts has quite taken the fashionable
world by storm.
500 of These Ultra Smart Blouses
In Twenty Different Styles
In peach, maize, flesh, pink, apricot, emerald, mahogany, tango,
dark or light blue, orange, Nile, Copenhagen, brown, tan. wistaria
and rose.
The illustration will give you some idea of their various styles.
Many have elbow-length sleeves, and an equal number show full
length sleeves, organdie collars, embroidery collars and collars of
self material, hemstitched or with frills, hemstitching joins the
seams.
The styles are too numerous and various to give detailed
description. Suffice to say that this is the largest and most
complete sale of crepe de chine blouses ever offered the
women of Portland. Third Floor
Victor and Columbia Talking Machines
$1.00 Down $1.00 Week
Red Cross, telegraphed from Washing
ton today to the secretary of the local
chapter of the organization:
"Press notified today that Red Cross
will receive and forward contributions
for relief In Austria or Servla as
designated by contributors."
MOVE BY GERMANY KtMORED
Mobilization Today Is Programme
Reported in Austrian Circles. .
BERLIN. July 29. An important of
ficial conference on the Austro-Servian
situation was begun here early tonight
and continued until a late hour. When
it adjourned it was announced that
nothing concerning the conference or
its results would be made public to
night. It is understood that the conferees
included, in addition to Dr. von Beth
mann-Hollweg. the Imperial Chancel
lor, Gottlieb von Jagow, the Foreign
Minister; Admiral von Tlrpitz, Minis
ter of Marine, one of the Emperor's
aides de camp, and a number of the
commanding Generals of the German
army.
It was reported late tonight In cir-
I cles close to the Austrian embassy thai
a mobilization of the German forces to
morrow was highly probable. No con
firmation of this report was obtain
able. It was evident that English and
p, . .nVf. pre drawing all their
balances from Russia. Austria and Ger
many and that the capitalists In these
three countries are transferrins; their
money to London as securlly against
the uncertainties of war.
The runs on the savings banks here
continued today.
"Tell Me the Secret" fk
t- - f "U,n An nn i " make them I ' !3
. ,
mb. .itrh deli
Horn muffins? Mine arc always so dry.
And If I make the baiter thin they fall
How do you do lit
. . - - - 1
about as you ao.
only 1 use KC Baking Powder. Mint
always turn ouf well, so it must be the
baking powder."
It is the baking powder. To make muffins, cakes ana PV -
and moist, yet light and feathery, a modern double actmg bakmg
powder must be used-one that will give off leavening gas in the
oven as well as in the mixing bowl.
Baring Powder
is really a blend of two baking powders, one of which
starts to raise as soon as moisture is added. Tne
other is inactive until heat is applied. This sustains
the raise until your muffins, biscuits or cake is done.
K C Baking Powder costs less than the old
fashioned quick acting kinds, yet you need use no
more and it is superior to them in every way.
a Try a can at our risk and be convinced.
Great Northern Railway
SUMMER EXCURSIONS
TO TIE KAHT AND RJCTVRN
TICKETS ON SALE DAILY
June 1st to September 30th
IHrir Verk .
Philadelphia
Buffalo
Detrsit
t. Louis
.lo.nn ftoslea sas
. ... MaM Waikladsa, D. C...
UN Plttsbnrs;
.... ILM Chlcaujai
TO.oo Dover
Iio.is
IVTM
.... ai.M
TIM
St. Paul. Minsespoil., Dnlnth. wiuIsk, Kaaaaa City. Osaaha
t. Joseph. MO.
Corresponding Reductions to Other Points
Final return limit Oct Jlst. Stoporsrs allowed olns; and raturn
Ins and tickets good going ons road, returning another. Kid on the
ORIENTAL LIMITED
Through standard and tourist sleeping cars to Chicago la TJ
houra, making direct connect lona for all points East. Uaaurpaassd
dining-car service. Compartm ent-obsorvation care.
Ji. DICKSON.
C. 1. at T. A.
Tclephoaea
Marshall 3071
118
ITT TtrKFT
ornca
S4a u aablaa-
tOB St..
Psrtlaaa. Or.
VISIT GLACIER NATIONAL PARK THIS SUMMER
Season Jaae lath to Sept. 30th, Wrlto or ask for Book lota.
i