Morning Oregonian. (Portland, Or.) 1861-1937, February 14, 1917, Image 5

Morning Oregonian., February 14, 1917, Page 5, Image 5

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Newspaper Page TextTHE MORNING OREGONIAN, WEDNESDAY, FEBRUARY 14, 1917. 5 EXPANSION TRADE POLICY IS - PUSHED Philippine Bank Now Corre spondent of Federal . Reserve Bank. ORIENTAL BUSINESS GROWS Jtcserve Board Prepares to Aid in Developing Trade With Peoples of Far East Islands Will Be Brought Closer. WASHINGTON, Feb. 13. The Philip Pine National Bank was designated to day as correspondent of the Reserve Bank of San Francisco, In furtherance of the Reserve Board's policy of es tablishing correspondents throughout the world to extend American trade, and make secure the dollar as the etHndard of international exchange. The board previously had authorized the appointment of the Bank of Ens gland as correspondent of the Reserve Bank of New York, but the actual ap pointment has not yet been made, and the negotiations regarding it may oct cupy a month or more. The Philippine bank is the first outside continental United States bank to be appointed correspondent of the reserve system. Appointment of a correspondent In the Orient was deemed advisable be cause of the rapid growth of trade be tween the United States and the Phil llppines. China and Japan. Trade with the Philippines alone has passed the $100,000,000 mark and recently has re ceived such a decided Impetus that the Philippine bank has established a branch in New Tork. With the establishment of the new connection, which was made at the re quest of the San Francisco bank, of ficials believe that commercial and fi nancial relations between the United States and the Orient will be greatly strengthened. One of the chief needs of the Philippines, officials in close touch with the situation there believe. Is capital at fairer Interest rates than have prevailed. It is expected that the connection will make possible the mar keting in this country of gilt-edged Philippine securities, providing insular enterprise with means for vastly in creased trade and at the same time offering attractive Inducements to American capital. Indirectly it Is thought trade with China and Japan will be accelerated, as strong financial institutions in these countries have connections with the Philippine bank. To some extent also it is believed American trade with Java, Borneo and Australia will be Increased. BELGIAN AID COMES Oregon Committee Awaits Word From Mr. Hoover. PROFITS RECORD MADE XU rONT COMPASV 2VKTS MOItli THAN $82,000,000 IV VEAIU End of War Anticipated With View to Turning Great Munitions Plants "to Productive Trade Use. WILMINGTON. Del.. Fob. 13. All records both as to volume of business and net earnings were broken by K. I. Du Pont de Nemours & Co.. last year, according to the annual report of the company, made public tonight. Gross Xeoeipts for the year ending December 21, 1916, aggregated $318,815,684, an in crease of 1130 per cent, as compared with the average sales for 1913 and 1014, which amounted to $25,927,478. Net earnings in 1916 were $82,107,692 and in addition to payment of 6 per cent dividends on -the debenture stock of the company a total of 100 per cent In dividends was distributed to the common stockholders during the year, Since Ocober. 1914. about $60,000,000 has been expended in the construction of new plants to fill war orders. Karly contracts with the belligerent nations, the report says, were closed at prices approximately 25 per cent higher than before the war, and out of this price there has been set aside an amount sufficient to amortize the cost of constructing new plants to fill such contracts, and consequently it became possible to quote lower prices on later contract. In the report Pierre S. Du Pont, president of the company, says: "The company is not waiting for the end of the war, but is anticipating it with a view to turning the greatly ex tended munition plants over to pro ductive commercial uses as soon as the present abnormal demand, for its prod uct ceases. Plans have been perfected to cope with any financial conditions that may develop after the war." Alleged Auto Thief to lie Tried. C. T. Mortalne, a chauffeur, was brought to Portland last night from Seattle by Detective Ackerman and held in the City Jail to answer to a charge of stealing an automobile owned by C. W. Budd. The car was Stolen on January 21. Texas Kills Boxing Bill. AUSTIN. Tex.. Feb. 13. A bill to al low 10-round boxing1 bouts in Texas was killed in the House of Represen tatives today when the enacting clause was stricken out. It was defeated with an overwhelming number of negative votes. PUT COLOR IN YOUR CHEEKS There ia no successful imitation of the clow of health. Rich red blood showing through translucent skin means not only beauty but health. When your color fades you will nnd that your heart palpitates on elieht exertion, such as climbing a stairs. and that your breath is short and you lack ambition. All these things are eyinptoma of an anemic condition, of thin blood. Try building tip the blood with Dr, Williams' Pink Pills for Pale People. Eat nourishing food, exercise a little in the open air daily and watch the color return to cheeks and lips. If you are below your normal weight you should take on one or two pounds a week un der this treatment. And the first sign of i mprovement will be i n your appetite. Dr. Williams' Pink Pills tone up the digestive organs and the re-vitalized blood carries nourishment that means strength to every part of the body. Two books. "Building Upthe Blood" ana n nas lo x,ai uvi nun w jau eive iust the information that you need, They are free. Write for them today . i r-.--i i - r J : : TO tue XJT. wuiiauia nieuicmtj vu. , Schenectady. N. Y. Your own drug gist sells Dr. Williams' Pink Pills or you can send fifty cents for a full-aize packagebyjnau, postpaid. Children's Wash Suits SHOWING today the nobbiest lines of the new Wash Suits for chil dren ever brought to the city. All are of the famous Regatta make galateas, silk reps, poplins, Devon shires, linens, madrasses. All the new styles Dombey, Smock, Norfolk Middy, Jolly Roger and other novelties. $2, $2.50, $3, $3.50,$4 $4.50, $5, $6.50, $7.50 All Guaranteed Fast Colors Shown on Second Floor See Corner Window Display II r.vx j Morrison at fmirtli1 P' D LEADING CLOTHIER 00D SUPPLY VALUED HIGH Chairman Hoover, in New York, Announces Plans Under Way to Transfer Control to Another Neutral Organization. Money from all sections of the state and parts of "Washington Is beginning to pour in on the Belgian relief cor mittee of Oregon, of which J. E. Werlein is chairman, a total of more than $40 having been received yesterday accord ing to S. L. Eddy, who ..ill place all funds in the Ladd & Tilton Bank until such time as they are to be sent East. Yesterday at a meetinjr of the com mittee it was decided definitely to suspend active operations for at least J 4 hours, when it is expected the com mittee will have some definite tele graphic word from Herbert C. Hoover, head or the Belgian Kelief Commission, who now is in the East. The follow- ng night letter telegram was sent to Mr. Hoover last night by Harold C. Jones, secretary of the Progressive uusmess Aien s Club: Progressive Business Men's Club, of Port land, Oreiron. has just launched a state wide campaign for Belgian Children's Food Fund. Do you recommend that we cease operations meantime or should we go ahead? Please telegraph us collect. Best wishes of the 500 members of our club with you In your great work. Another night letter was sent to C. N. McArthur, Representative from Ore gon In Congress as follows: Progressive Business Men's Club of Port land has a campaign on for Belgian Chil dren's Food Fund. Please keep us advised by wire, collect, regarding the situation. Oregon feels that the children of Belgium must be fed and we hope that utmost pres sure will be brought to bear to keep sup plies of food moving. It Is expected that word will be heard from the East some time ioday or tonight and all moneys will be held until final decision Is made regarding shipments. presidents In 70 years, not one of whom was chosen without revolution or main tained government free from revolt. Having gone a long way toward reliev ing the financial bankruptcy of the republic, the United States is now, through its temporary military occupa tion, striving to end the political in polvency of the country. How long it will take to straighten out the political tangle is one of the uncertainties faced by Captain IT. B. Knapp. U. S. K.. acting head of the temporary military government. The problems before Captain Knapp and the naval and marine officers as sisting him are the establishment of good government on a substantial basis. the evolution of a sound educational system, the development of agriculture and the creation of a system of transportation. In the matter of education a start has been made by the appointment of a commission headed by Arch.biab.op Adolfo Nouel, Catholic primate; Fed erico Velasquez and other prominent Dominicans, empowered to make an ex haustive study of tho educational needs of the people. One of the principal public improve ments planned by the military govern ment Is a great highway crossing the island and connecting Santo Domingo City, on the south coast, with Monte Cristo, the most westerly point on the North Coast. This proposed highway will be more than 200 miles long and would traverse the vast Cibao region, frequently described as the most wonderful undeveloped agricultural area In the Caribbean. The Cibao country was discovered by Christopher Columbus and still for the most part is virgin soil. In the portions of the Cibao, which are under cultivation, the richest products of the island. Cacao and tobacco, are produced. WORK OP RELIEF TO CONTINUE ' ITrrhrrt C. Hoover Takes Steps to Have Others Carry Aid to Belgians. NEW YORK. Feb. 13. More than 10,000,000 persons who have been fed through the efforts of the American commission for relief in Belgium will sufer no immediate hardship from the withdrawal of the American commis sion from participation in this work in Belgium and Northern France, caused by the German authorities. Upon his return from Boston today, Herbert C Hoover, chairman of the commission. took up plans already under way for transferring control of this relief to another neutral organization. Mr. Hoover said that six weeks sup ply of food, valued at 25.000,000, had been stored in warehouses in tne various districts where the relief com mission had been active. Belgian offl cials who have been In charge of this food will be authorized to administer its distribution until plana for the re organization of the work can be put into effect. The American commission, barred from Belgium and Northern France. will continue Its activities toward ob taining funds and will co-operate with the new organization rormed to als tribute supplies. SEATTLE SUSPECTS ARE FREE lee Wong Says He Was Friend of Murdered Man, but Escaped. SEATTLE. Wash.. Feb. 13. (Special.) L.ee Wong, arrested by the police as he fled from the scene of the murder of Harry Wong Saturday morning, to day reversed his testimony and told what the police believe to be the truth. His first story was that he did not know the murdered man, but the new version is that he and Harry Wong were friends, and together walked In to the trap set by Bow Leong tongmen which resulted in the killing. Lee says that he also would have been killed but got in the lee of an automobile In time to dodge the bullets. After hearing Lee Wong's story the police released Wong, Mabel Morrison, Don Fook and Bllle Lee, who had been held. An inquest on Harry Wong's death will be held. STAR WITNESS DISPUTED FORMER. PORTLAND WOMAN TO TESTIFY" FOR MOOIVEY. Mm. Richard Earl La Fosee Makes Af fidavit Tlint F. C. Oxmnn Was Far Front Explosion. SAN FRANCISCO. Feb. 13. An affi davit disputing material testimony of fered at the trial of Thomas .1. Mooney. convicted last Friday of tirst-degree murder for his connection with the Preparedness day bomb explosion here last July, when 10 person! were killed. was made today by Mrs. Richard Earl La I'osee, formerly of Portland, Or. She alleged in the affidavit that she saw Frank C. Oxman. an Oregon cat tleman, the prosecution's star witness, on Market street many blocks distant from the scene of the explosion. This contradicts Oxman's testimony that he was at the scene a few minutes before the explosion and recognized four of the five defendants as they drove up to the curb and deposited a suitcase on the sidewalk. Maxwell McNutt, attorney for Moon ey. saM he would introduce the affi davit in court Monday in (support of his application for a new trial. Sen tencing Mooney was proposed today by Judge F. A. Oriffin. Assistant District Attorney James Brennan said his office had a corrobo rating witness who saw Oxman at the scene of the explosion. FIVE SHYAT VICE PROBE MAYOR ROLPH CANNOT GET COM. MISSION APPOINTEES TO ACCEPT. DOMINGO ENJOYS PEACE Residents Believe Revolutions Have Ended Permanently. SANTO DOMINGO, Feb. 3. (Corres pondence of the Associated Press.) Peace, confidently expected by every one to be permanent, has at last been established through the intervention of the United States, in Santo Domingo, a country that haa had approximately, 60 San Francisco Executive Fears He Must Name Others and Mean while Inquiry Is Delayed. BAN FRANCISCO, Feb. 13. (Special.) Five formal withdrawals and not one formal acceptance is the status - of Mayor Rolph's vice commission of 25. until all of .the appointees are heard num. me mayor saia tonignt that no vacancies would, be filled. Marshal Hale, who was to have been chairman of the commission, declined on tne grouna oi tne press or other business, but added that he thought such a campaign came under the prov ince of the police. Other business was the basis for the withdrawal of Charles H. Bentley, Dr. John Oallwey, Mrs. I. Lowenherg and Miss Katherine C. Fel ton, the last secretary of the Associated cnarities. "I worked, extremely hard in choos ing this commission," said Mayor Rolph today, "and no-. it seems that I must do most or the work over again, -iut I first want to know just how many decline. Meanwhile, the commission being witnout a chairman to call the initial meeting, its work of investigating vice is aeiayea. BILL LIMITS USE OF FLAG Playing of Star-Spangled Banner to Evoke Applause Opposed. SEATTLE, Wash., Feb. 13. Bills prohibiting the use of the American flag In theaters merely for the pur pose of gaining applause and prohibit ing the playing of the "Star-Spangled Banner' except as a separate piece. ..... N. ffif s--7"w' !h 1 lliplSL . 'Vmm -mmr' hR 1 p.-.-- H ave You the. KNOWLEDGE To Be a LEADER of Men? 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Sets can be seen and orders left at 0nlv"1 i ii i SEARS, ROEBUCK AND CO, Chicgo, IIL Gentlemen : Please send me, free, your illustrated book containing full informa tion about the Encyclopaedia Britannica. Also tell me what I will have to pay for one of the remaining sets of the "Handy Volume" Issue of the Britannica printed on genuine India paper. The J. K. Gill Company GILL9 Third and Alder Name , Address. were Introduced today In tho City Council here. enactment of the bills Is advocated by patriotic organizations. COLUMBUS. O.. Feb. 13. The play ing of the "Star-Spangled Banner" in any dance hall, either as a single num ber or in a medley. Is prohibited in a bill Introduced In the Ohio House today. CONGRESS TO COUNT VOTE Wilson and Marshall to Be Declared Elected Today. WASHINGTON, Feb. 13. Congress will meet in joint session tomorrow In the hall of the House to canvass the vote of the November election and to declare Wowdrow Wilson and Thomas R, Marshall formally, elected toe .tbe. four-year term beginning March 4. next. The President pro tempore of the Senate, Senator Saulsbury, will preeide over the joint session and supervise the official count. Senators Kern of Indi ana and Clapp of Minnesota have been designated as tellers on the part of the Senate, and Representatives Ruck er of Missouri and" Mapes of Michigan on the part of the House. Hydroplane Ixops loop. PENSACOLA, Fla.. Feb. 13. Captain Francis T. Evans, attached to the Navy Flying School here, successfully looped the loop in a hydroaeroplane today at a height of several hundred feet. It was said to be the first successful somersault In a hydroaeroplane In this country. Oregon Project Aided. OREGONIAN NEWS BUREAU, Watt- Ington, Feb. 13. The Senate last night passed Senator Chamberlain's bill granting a 10-year extension of time for completing two Carey act projects FREE Rubber Exhibit Wear Portland Noa-Skld Heals tb. riant and left heel Plates mean 20 per cent mors wear. Mad. In Portland and sold all ovsr ths Pacltic Coast. night Shoe Co. Morrison and Broadway 1 at! a a in Crook County -which contemplates the reclamation of S6.000 acres. OHIO WOMAN'S WISH For Tired, Weak, Nervous Women Bellefontalne. Ohio. "I wish every tired weak, nervous woman could have Vlnol, for I never spent any money In my life that did me so much good, as that I spent for Vinol. T was weak, tired, worn out and nervous, and Vinol made me strong, well and vigorous after everything else had failed to help me, and 1 can now do ny housework with pleasure." Mrs. J. F. Lamborn. We guarantee Vinol. which contains beef and cod liver peptones, iron and manganese peptonates and glycero phosphates, for all weak, run-down, nervous, debilitated conditions. The Owl Drug Co.. Portland; also at the leading drujr store in all Oregon towns. .