TIIE 3IORXIXG OREG ONI AX, THURSDAY, JANUARY 22, 1920 A. L. MILLS WILL HELP AVERT CHAOS International Plan to Save World Is Advanced. BILLS MUST BE CHECKED rortland Banker Will Be One or American Signatories to Plan to Restore Finances. An international plan to save the world from financial debacle, as the consequence of conditions disordered by the world war, to prevent the i heaping of debt upon debt through I th Issuance of national bonds, and I thoroughly to reorganize the shat tered finances and economics of the world affected by finance, is pro posed in an international memorial received yesterday by A. L. Mills, president of the First Rational bank of Portland, who has been named for Oregon as one of the American signa tories to the most epochal document in all financial history. Already indorsed by the signa tories of practically every world power, with names appended that are among the most prominent in the several countries and in international affairs, the schedule of suggestions looking toward world financial relief and stability has been translated in many languages and is now before the American commissioners, recent ly named, for signature. Mr. Mills to Slirn for l. S. Mr. Mills has the honor of Having been selected as one of the signa tories in the United States. Dr. Henry Suzzalo of the University of Washing ton is named as signatory for that state. Among American signatories are: Julius H. Barnes of Dulutli, Charles W. Eliot of Cambridge. Her bert Fleishacker of San Francisco, Louis W. Hill of St. Paul, Herbert Hoover of San Francisco, William Howard Taft of New Haven. Jacob II. Schiff of New York, Kliiiu Root of New JTork and many other prominent men. Public men who signed in behalf of Great Britain present names that have bulked large in diplomatic and finan cial events of world import. Among them are Viscount Bryce, Lord Robert Cecil, Rt. Hon. Herbert Asquith. Rt. Hon. Sir Donald Maclean and others of equal prominence. It having been decided that govern mental action on the part of the sev eral nations should wait the recom mendation of conferences of picked leaders, whose knowledge of finance in its broadest sense is second to none, a conference of several nations was recently held at Amsterdam, where the main proposals and sug gestions contained in the interna tional document were formulated. Urgency la Pointed Ont. Upon signature the observations contained therein will be laid before the respective governments, the-reparations committee, and the chamber of commerce of the United States. Representatives of commerce and fi nance are to be appointed from each country to gather in international conclave for tho discussion of world finance, "the matter being of the greatesf urgency," as the memorial sets forth. Countries which are chiefly con cerned are named as the United King dom, the British dominions, France, Belgium, Italy, Japan, Germany, Aus tria, the neutral nations of Europe, the United States, and the chief ex porting countries of South America. The document itself points out that the close of the war finds a continu ous growth of outstanding money and governmental obligations, coupled with the natural concomitant, in creased costs of living. The obvious remedy, it is declared, lies in a de crease of excessive consumption and an increase of production and taxa tion the latter to bring about a pol icy of "paying as you go," that is as important to national welfare as to the individual and that will forestall the heaping of debt on debt by the Issuance of bonds. "Unless they are promptly applied," reads the memorial, speaking of these remedial measures, "the depreciation of money, it is feared, will continue, wiping out the savings of the past and leading to a gradual but persist ent spreading of bankruptcy and an- arcny in Europe. Ine international plan cries out against the practice of meeting cur rent national expenditures by an in creased inflation of the circulating medium and an increase of "Its in terest-bearing debts without a cor responding increase of its tangible as sets." Need to Be Studied. In treating the disabled finances of each nation careful study will be given to the requirements of each and existing prospective conditions. The United States, of course, is not among these, but its interests are held to bo indissolubly concerned with those of the other nations. Nor will the pro posed assistance to financially dis abled nations be extended unless such nations bring their current expendi tures within their receipts for taxa tion and other regular income. Provisions for Germany and Austria admit that these, the conquered na tions, must bear the heavier load, but every safeguard will be thrown , out to Insure that the burden of re payment is not made intolerable, or so exacting as to lower the standard of living to such a point "that a will ingness to pay a just debt is con verted into a spirit of despair and revolt." As a first requisite, under the pro posed tentative plan, the expenditures SAGE TEA DANDY TO It's Grandmother's Recipe Bring Back Color and Lustre to Hair. to Tou can turn gray, faded hair beau tifully dark and lustrous almost over night if you'll set a bottle of "Wyeth'a Sage and Sulphur Compound" at any drug store. Millions of bottles of this old famous sage tea recipe, improved by the addition of other ingredients, are sold annually, says a well-known druggist here, because it darkens the hair so naturally and evenly that no one can tell it has been applied. Those whose huir is turning gray or ecoming faded have a surprise await ing them, because arter one or two applications the gray hair vanishes and your locks become luxuriantly dark and beautiful. This is the age of youth. Gray haired, unattractive folks aren't wanted around, so get busy with Wyeth's Sage and Sulphur Compound tonight and you'll be delighted with your dark, handsome hair and your youthful appearance wui.in a few days. Adv. of the various 'countries of Europe are to be brought within their tax able capacity and their taxation in creased to the limits of reasonable endurance. This having been done, continues the document, "the problem arises as to how these countries are to be. fur nished with the working capital nec essary for them to purchase the im ports required for restarting the circle of exchange, to restore their productivity and to reorganize their currencies." Holding- that normal banking channels are helpful but inadequate alone to cope with this titanic task, and that it is not a case-ot affording aid to a single country or group of countries, when the welfare of Europe and the world is at stake, the memo rial makes several tentative sugges tions. Credit to Be Checked. Chief among these observations Is the obvious fact that the greater part of the funds must necessarily be sup plied by those countries where the trade balance and the exchange are favorable. But it is expressly declared that credit under the plan is to be reduced to a minimum and extended only on the showing of absolute necessity, having for its aim the certain expan sion of trade and restoration of nor- mal conditions and normal currency, with the best possible security Pledged by the borrowing na- tions such loans to rank first and in front of all internal debt, reparation payments or inter-allied govern mental debt, with special security set aside by the borrowing countries as a guarantee for the payment of amorti zation and interest. "The outlook at. present is dark," runs the international document. "No greater task is before us now than to devise some " means by which some measure of hopefulness will re-enter the minds of the masses. The re-establishment of a willingness to work, of incentives to the highest individual effort and of opportunities for every individual to enjoy a reasonable share of the fruit of his exertions must be the aim towards which the best minds in all countries must co-operate. Only if we recognize that the time has now come when all countries must help one another can we hope to bring about an atmosphere in which we can look forward to the restoration of normal conditions and to the end of our present evils." I'.m'h to Stand on Own Ft. In brief, the plan of re-financing the world is one whereby every nation will be enabled to stand upon its own economic feet, but will be required to give every proof, to the last penny, that it is desirous and worthy of such aid. "The document is cut like a cameo n its clarity of outline," said Mr. Mills, discussing the memorial. Every word of it is sharp with meaning, and there isn't a word too many. It presents the dubious straits in which the world now finds itself. and it suggests remedies that are to my mind eminently practicable and dictated by the gravity of the situa tion. 'The nations of the world are suf fering from the evils of war, long after the guns are silent. Currency has become inflated and living costs have answered this unnatural condi tion, as they must always answer. To float new bond issues, will bear no nation out of the quagmire, for bond issues, if they are not based upon sound investment, if they are intended to defray current expenses and stave off the day of reckoning, are but add ing fuel to the flames. As with the individual so it is with a nation," said Mr. Mills. "Where the expenditures of an individual exceed his income he cannot cross the chasm by issuing notes, or mote I. O. U.'s. His remedy lies alone in retrench ment, in spending less than his in come. So it is with governments. BLACK DIAMONDS STOLEN Seattle Burglars Get 'Whole Ton of Precious Stuff. SEATTLE, Wash., Jan. 21. Burglars with an eye on the weather reports. early Tuesday backed a truck up to an undertaking establishment here, pried wire netting from over a window and loaded up a ton of coal, accord ing to a report made to the police. No clue was left. "What we want to know," Police Captain Mike Powers said, "is how any one place came to have a whole ton of coal on hand at one time. DAILY METEOROLOGICAL REPORT. PORTLAND, Or., Jan. 21. Maximum temperature. :i9 degrees; minimum temper ature, 31 degrees. River reading. 8 A. M., 3.9 feet: change in last -4 houra. 0.3-foot rise. Total rainfall (5 P. M. to 5 P. M. ), none; total rainfall since September 1, 1919, 37.19 incites: normal rainfall since September 1, 23.77 inches; deficiency of rainfall since September 1, 1919, 6.58 inches. Sunrise. 7:45 A. M. ; sunset. fi:00 P. M.: total sunshine. 5 hours 43 minutes; possible sunshine. 9 hours 35 minutes. Mooarise. 7:37 A. M.; moonet, 6:03 P. M. Barometer treduced sea level!, 5 P. M 30.01 Inches. Relative humidity: 5 A. M., 82 per cent; noon. 75 per cent; 5 P. M., 75 per cent. THE WEATHER. "8 -o Wind STATIONS. Weather. Baker 18 2010.00.. E Cloudy Boise 22 3010.00 . . W Cloudy Boston IS S4I0.1S 16 S Clear Calgary ....-16 -8I0.0O..N Clear OlilcaRO .... 16 2010.02 . . XE Clear Dnver 22 3210.0O . . NE Pt. cloudy Des Moines. 2 1810. OO.. 13 Clear Eureka 46 5010.06 . . N Rain Galveston ... 64 7210.12 12jSE Cloudy Helena 6! 810.00 .. W Pt. cloudy tJuneau 418!0.00 . . N Clear Kansas City. 101 26lO.OO!10NE Cloudy L,os Angeles. 52 5s;o.OO. .isw Cloudy Marshfield . 2S 4G!a.OO)..Xw!cioudy Medford .... 27 40i 0 . 0OI . . ! W Cloudy Minneapolis .32 8S0.OOI..ISB Pt. cloudy New Orleans 58 SOlO.Oo! . . SE Clear New York .. 24 34:0. 02116 X Cloudy North Head. 32 3810.00 .. XW Cloudy No. Yakima. IS 3210.00 .. SB Pt. cloudy Phoenix 44 7210. 0l. . X Cloudy Pocatello ... 36 26'0.0Ol. . W Cloudy Portland ... 32 38(0. OO .. N Cloudy Roseburir ... 32 400. 00 . . NW Cloudy Sacramento 42 56I0.0OI..S Cloudy St. L,ouls ... IS 3!0.02jl2iNE Cloudy Salt Lake .. 28 HBiO.OO . .iXW Clear San DleKO .. S4 60!O.00l..lW Cloudy S. Francisco. 48 54iO. 0! . .SW Kaln Seattle 30 34!O.0O..X Cloudy Sitka 83SIO.OO . . NE Clear Spokane 161 2410.00 . . XB Cloudy Tacoma 301 3!0.OO 12NE Cloudy Tatoosh Isld. 341 40.0.00 . .IE Clear tValdez 424!0.W . .NE Clear Walla Walla. 221 2810. OO . . Isw Cloudy Washington.. 20 40I0.32L . X Rain Winnipeg . -.1-201 -80. 00 . . X ICle&r tA. M. today. ing day. P. M. report of preced FORECASTS. Portland and vicinity Cloudy and un settled: northeasterly winds. Oregon and Washington Cloudy and un settled : gentle nortneasterjy winds. Idaho Cloudy and unsettled weather. Cargo for Steamer Sought. The foreign trade bureau of th Chamber of Commerce yesterday sen out to shippers and manufacturers 1000 copies of a letter asking fo cargo for the British steamer Tacti clan of the Harrison Direct line, man aged here by Balfour, Guthrie & Co which will be due here the middle o March to load for ports of the United Kingdom, inaugurating a new month ly service of the line between Port land and Europe. Columbia River Bar Report. NORTH HEAD, Jan. 21. Condition of tho bar at 5 P. M. Sea smooth; wind Boitnweat,-lour-miles. " PORTLAND PROTESTS NEW LUMBER RATES Increase on Trans-Pacific Shipments Opposed. CHAMBER ASKS HEARING Telegram Is Sent to John Barton Payne, Chairman of United States Shipping Board. Because of protests from local lum ber exporters and millers, the Port land Chamber of Commerce last night telegraphed to John Barton Payne, chairman of the United States ship ping board, a vigorous objection to the new trans-Pacific rate on lumber shipments, information of which was received from Washington Tuesday by C. D. Kennedy, agent of the op erations divisions of the emergency fleet corporation. The new rate on shipments of lum ber to the orient in shipping board vessels, determined upon by the traf fic bureau of the shipping board and effective on all future sailings from Portland to the far east, is J40 per 1000 feet, an advance of fa per 1000 feet over the old rate. Klsurea Are Presented. At a meeting of the board of direc tors of the Portland Chamber of Com merce yesterday afternoon, lumber men presented statements that the r.ew rate would prove a serious hard ship on the movement of lumber to tne orient, a trade that is now con stituting one of the principal items in Portland's commerce. It was pointed out that at the present time at least 10.000,000 feet of lumber is being loaded on shipping board vessels in Portland harbor for export to the orient. The imposition of the new rate would make a difference of $50, 000 in the cost of moving this lumber to us ports of destination. The telegram sent to Mr. Payne last night by W. D. B. Dodson, executive secretary of the chamber, by author ity of the board of directors, was as toiiows: "Understand $40 per 1000 rate on lumber from the Pacific coast to Ja pan and China was established yes terday by the shipping board, su perceding $35 rate recently prevail ing. We protest against this high rate as an abnormal and unnecessary burden upon our greatest industry, which is already seriously crippled by lack of railroad cars and tonnage for the movement of the .product. Hforlnjc la Asked. "This rate is equivalent to $20 per deadweight as compared with $12 for steel and $10 for flour on this coast. Considering the heavy reduction made by the shipping board on the rate for flour, wheat and barley between New Orleans and Europe, this eeems like an effort to establish prohibitive transportation costs, rather than to encourage industry. This Industry is the largest payroll of the northwest. Ships from the northwest to the orient rely heavily on lumber to fill out cargo. "We trust that full opportunity will be given our interests to present rea sons why such rate should not be im posed, before it becomes effective." SHIPPING POLICY OUTIilXED Senate Commerce Committee Con siders Needed Legislation. WASHINGTON, D. C, Jan. 21. Con sideration of legislation establishing a permanent national shipping policy was oegun today by the senate com merce committee. Extensive hearings n tne measure passed by the house nd on suggestions from the shinninc? oard private interests are planned. Benjamin S. GrosscuD of Tacoma. Wash., urged private operation rather than extension of federal operations, and the sale to private operators of he smaller vessels, at least, of the government merchant fleet. Such sales, he said, should be at a price wnicn will enable the American flag to meet foreign competition. federal aid to American shin- builders also was urged. Bureau Agents Announced. The Pacific Steamshio eomtianv has been made the representative in all oriental ports of the American bu reau of shipping. It was made known yesterday by Frank O'Connor, Port land agent of the company. Under the new arrangement. Mr. O'Connor eaid, the agents at the oriental branch otnees ot the Pacific Steamship com pany will be the agents and survey ors tor me American organization which is comparable to the British Lloyd's. Mindoro Being Overhauled. The four-masted schooner Mindoro. recently purchased by Walter Scam- mel of San Francisco and chartered by J. J. Moore of that city to carry a cargo of lumber from the Columbia river to Australia, has finished dis charging a cargo of copra at San Francisco, and is now undergoing an overhauling there. She will come here to load as soon as the work is fin ished. Pacific Coast Shipping Notes. SEATTLE. Wash.. Jan. 21. (Special.) More than 4000 tons of soy bean oil. peanut oil and other oriental oils will be discharged at the Harbor Island terminal of the East Waterway Dock and Ware house company by the new steamsliio Eastern Pilot, which will arrive In Seattle January 28, according to advices received today. lliis is the largest consignment of vegetable oils brought across the Pacific in months. The Eastern Pilot Is one of the steel carriers built in Japan for the United states shipping board and will be delivered Here to the board by Suzuki & Co., after the cargo has been discharged. rue steamship oiorietta of the shipping hoard s ieattle-rlawall-San francisco serv ce, which is managed and operated by the Matson Navigation company, arrived In Seattle last night and began loading ship ments of feed and other freight at Dier 8 The vessel will load 50O.0O0 feet of lum ber for the government at the Smith Cove terminal of the port commission She will complete her shipments in Belllng ham. The Olorietta's cargo is consigned to Honolulu and Port Allen. 'The vessel Is commanded by Captain John A. O'Brien, veteran of the Seattle-Alaska routes and for years commander of the Alaska Steam ship company's Nome liner Victoria. Dawson & Co. received word thi morn ing that the steamship Cansumset of the shipping board's European-Pacific line, ar rived at the Pacific entrance of the Pana ma canal January 7 and sailed' January 9 for Pearl Harbor. Hawaii. The vessel has a cargo of coal for the navy In Hawaii. After discharging in the islands the Can sumset will come to Seattle to load for Liverpool, Havre and Hamburg. PORT TOWNSEND, Wash.. Jan. 21. (Special.) The Eastern Glade, built by the Japanese government for the United States shipping board, la scheduled to reach Puget sound early In February. The East ern Glade Is said to be the best equipped and the finest vessel of all that have been built in Japan for the emergency fleet cor poration. She will bring a cargo of ori ental products to Puget sound. On her trial trip the big craft .developed a speed ol knots, according to mivlcea celved from the representatives of th board In Kobe. Cargoes are being assembled at Seattle and Tacoma for three steamers of the United States shipping board assigned to Williams, Dlmond & Co., to operate and manage. The steamers will go from her to ports in Germany. The first of the steamers to load will be the West Cayoto. which Is now on her way to the sound In ballast, having discharged cargo at San Francisco. On Puget sound she will load 2000 tons, completing cargo at Portland and San Francisco .for Hamburg. Sho will be followed by the steamers Cansum set and Eelbek. Bringing big cargoes from the orient two steamers, the Elkton. in the service of the Pacific Steamship company and the Jap anese steamer Koshun Maru. ace sched uled to arrive tomorrow. The Koshun Maru is In -the- service of the) trans-Ocean company. ASTORIA. Or.. Jan. 21. (Special.) The concrete water tenders did not leave for San Francisco yesterday afternoon, as was reported, but four of them are sched uled to start for the bay city tomorrow morning In tow of the tug Slocum. The delay was caused by Captain Hansen- of the French. Captain Snyder of the Ham mond, as well as the master of one other craft and an engineer refusing to make the tup on the ground that the vessels were not seaworthy. The mates of three affected craft were placed in charge and an engineer arrived from Portland on to night s train. , Laden with lumber from estport and Portland, the steam schooner F. S. Loop sailed at 1 o'clock this morning; for San Francisco. The steam schooner Klamath arrived at 12 o'clock last night from San Francisco, with freight tor Portland. The tank steamer Silver Shell, bringing a cargo of fuel oil. arrived at 30 o'clock today from California and proceeded to Portland. The tank steamer Colonel E. L. Drake arrived at 12:05 today from California with a cargo of fuel oil for Astoria and Port land. The steam schooner Santa Barbara, which is taking on 3o0.000 feet of lumber at Knappton, will shift tomorrow afternoon to Wauna to finish. , The steam schooner Daisy Matthews' is to sail tomorrow for San Francisco with a full cargo of lumber from Knappton. The steam schooner Daisy Freeman fin ished loading lumber at Westport tonight and will sail for San Pedro early tomorrow. The steam schooner Florence Olson Is due from San Francisco en. route to Port land. The tank steamer Oleum Is de from California en routo to Portland with fuel oil. SAN FRANCISCO, Jan. 21. (Special.) Old tars along the San Francisco water front and members of the naval service were more mystified than ever today over the errand In Pacific waters of the army transport Mount Vernon, formerly the Hamburg-American liner Kronprlnzeasen Cecelie. The huge vessel pulled out Into the stream from her berth today, presumably steaming to sea under sealed orders and then suddenly dropped anchor opposite the transport dock. It was unof ficlally announced that the departure would be delayed 24 hours. The air of mystery has surrounded the Mount Vernon since it arrived here November 18. The big craft can accommodate suou soldiers. Shipping men here are certain that the shipping board will consent to various changes in the charters, which will be re quexted by the allied shipping interests of the country. The general and specific opinion is expressed that It will not be possible to accept the allocation ot the passenger vessels of the government to gether with the numerous "strings" at tached unless adequate arrangement Is made to provide a method for compensat ing the business-getters. At present there are about one-third enough passenger ships on the Pacific to care for the busi ness offered. Everything Is booked full a long time In advance, but the concerns who may get the new ships want to bo assured they can be operated without government dictation in any form. The Pacific Steamship company's steamer Senator, Captain Sohst, Is expected to ar rive from Corlnto and Central American ports tomorrow. The officials here have not been advised regarding the number of passengers carried. Officials of the company who went south on the Senator to make a business Investigation for their company are returning and the results of their trip are eagerly awaited. TACOMA, Jan. 21. (Special.) One of the largest copper shipments to be taken from Tacoma In a number of years will go on the Robin Gray, which Is expected here Saturday. It is said that the cargo will total 4U00 tons. This is consigned to the orient. The Glorleta, to load for tho Hawaiian Islands. Is due here tomorrow morning. The steamer will take box shooks and flour from Tacoma this voyage. The Santa Alicia, of the Grace line. Is taking the last of her freight here and mav finish loading tomorrow night. The vessel shifted down to Dupont this morn ing to take on powder and will return here tonight for box shooks and lumber. The Governor arrived tonight from San Francisco via ports and will take almost a full cargo out. It is expected she will sail southbound tomorrow morning. According to Captain Charles Polndex ter of the steamer Javary. which cleared from this port for the orient last night, shipbuilding In Shanghai is very active, but the cost of living is much higher than in thin pnimtrv. The skipper also said that the American dollar waa below the Mexican dollar in value mere, tne .Mexi can coin being worth $1,105 gold. iftr Hiurhnreine in Vancouver. B. C. a cargo of 300 tons of w.hlsky she took ihninl at San Francisco, the steam scnoon er Mukllteo of the Nelson fleet is due at the Baker dock tomorrow to unioaa local freiirht. Under charter to W. K. Grace & Co., the' steamer St. Anthony, which was built at the plant of the Todd Drydock & Con nt ruction corDoratlon. will sail from thi: port with a full cargo of flour for the eaat coast before the end of this month COOS BAY. Or., Jan. 21. (Special.) The gasoline schooner Tramp, arriving from Rogue river with general freight. after merchandise for the Weddeiburn Tradlnz company, came into port at 1 o'clock this morning. Having a cargo of fuel for tne Moun tain States Power company, the standard Oil tanker Whlttler arrived from the south at 10:30 this morning and is dis charging at North Bend, Bailing this morning at II, tne c A. Smith had a lumber cargo from the Smith mills, for delivery at Bay Point. ABERDEEN. Wash.. Jan. 21. (Special.) Work of Installing the wireless appar atus on the schooner Vigilant has been Btarted and should be completed within three weeks. The Vigilant is under con. structlon In Hoquiam. The steamer Harbor Queen, or the All man-Hubble fleet, Hoquiam. will undergo her annual inspection next week. The steamer Carlos sailed for San Fran cisco this afternoon with passengers and lumber cargo fzom the Donovan mill. South Aberdeen. The steamer Multnomah arrived this afternoon from San Francisco and will load at the National mill in Hoquiam. MoTements of Vessels. PORTLAND, Jan. 21. Arrived at 10 A. M.. steamer Klamath, from San Francisco arrived at 9 P. M-. steamer Silver Shell, from San Francisco; sailed at 10 A. M steamer Lansing, for Port San Luis: sailed at 2 P. M.. steamer F. H. Buck, for Gavl ota: sailed at 7 P. M-, steamer Imlay, from St. Helens for San Francisco: sailed at midnight, steamer Washtenaw, for Port San Luis; arrived at midnight, steamer Colonel E. L. Drake, from San Pedro, ASTORIA, Jan. 21. Arrived at 11 last night and left up at midnight, steamer Klamath, from San Francisco; sailed at 8:20 A. M., steamer F. S. Loop, for Seat tie; arrived at 8:05 A. M., V. S. S. Heath er: sailed at 9:20 A M. and returned 1 P. M-, U. S. S. Manzanlta; arrived at 10:20 and left up at 11 A. M., steame Silver Shell, from San Francisco; arrived at 12:05 P. M.. lighthouse tender Rose arrived at 1205 P. M., steamer Colonel E. L Drake, from San Pedro and left up 1:30 P. M. SAN FRANCISCO, Jan- 21. Sailed at 0 last night, steamer Rose City, tor Port land. SAN FRANCISCO. Jan. SO. Sailed at P. M., steamer San Jacinto', for Columbia river. SEATTLE, Wash., Jan. 21. Arrived Steamers Rush, from British Columbia ports; Fred Baxter from San Pedro via San Francisco; Davenport, from San Pedro via San Francisco. Departed Steamers City of Seattle, for Southeastern Alaska; Meriden, for Hono lulu; Javary, for Shanghai; Fulton, for British Columbia ports; Alaquan. for Ma nila via ports; Argyll, for San Francisco; motorship Wahkeena, for British Columbia ports. TACOMA. Wash.. Jan 21. Arrived Steamers La Touche. from Alaska ports; Governor, from San Francisco. SAN FRANCISCO, Cal., Jan. 21 Ar rived Steamers Unimak, from Bowen'a LandinK; Admiral Dewey, from Seattle. Departed Steamers Alliance, for Mazat Inn; Knterprise, for Uilo; Necanlcum, for Brookings Landing. ORIENTAL AGENT CHOSEN F. BUCKLEY TO REPRESENT PORT OF PORTLAND. Return Cargoes for Ships Plying Out of This City to Be Asked. Views to Be Shown. J. F. Buckley, a young man of Oak land, CaL, who has had years of busi ness experience in the far east and ho has mastered several oriental dialects and languages, was yesterday named by the Port of Portland as the oriental business representative of the port. His appointment was made on strong recommendation from Max H. Houser. chairman of the port com mission, who is the author of the plan to employ an oriental business-getter to obtain return cargoes for the ships plying to the other side of the Pacific out of Portland, and .generally to ad vertise this port and increase Its com merce. Mr. Buckley's salary will be $5000 per year with an expense ac count of $7500. Mr. Buckley's previous experience in the orient has been as a represen tative of the Standard Oil company and other large corporations operat ing in China, Japan and the Straits Settlements, and in a government po sition in the Philippines. The duty of instructing the new port employe in his duties and supervising his ac tivities was delegated to Mr. Hrfuser. Mr. Buckley will take with him to the Orient an album of photographs of the industries and harbor facilities of Portland, and several motion picture films of scenes about the waterfront and in the factories. Besides an oriental business agent. the Port of Portland is to employ traffic manager, and Mr. Houser is seeking the proper man for this posi tion. The selection of a traffic man ager has been left in his hands. A protest against the commission's declared plan of rotating its deposits among the banks of the- city was re ceived at yesterday's meeting from the Ladd & Tilton. United States Na tional and First National banks. The contention of the bankers is that the port funds should be pro-rated among the banks which apply for funds. In announcing the rotation policy- re cently, the commission designated the Northwestern National bank as the depository for 1920. STEAMER ANIWA DUE SHORTLY Shipping Board ycsscl Coming Here to Load Flour. The shipping board steamer Aniwa, the third of a scries of steamers com ing here in ballast from Honolulu to load flour, will be at the mout' of the Columbia river at noone toe: y, ac cording to a wireless message re ceived yesterday from the master of the vessel by Frank O'Connor, local agent of the Pacific Steamship com pany, to whom the vessel has been assigned for loading and dispatch. The emergency fleet steamer Du- quesne and the army transport Marica, which recently arrived from Honolulu. now are loading in the harbor. FIVE SMALL KEELS LAID Prunarlans Conduct Ceremonies at Vancouver Plant. VANCOUVER, Wash.. "Jan. 21. (Special.) Five keels were laid in the shipyard of the Reed Engineering company today by the Royal Prunar lans of this city, who had been, in vited to do the ceremony, Lewis Shat tuck, president, being the speaker. .Keels were laid for an 85-foot can nery tender of the Sanborn-Cutting company, of Alaska; a 65-foot boat for the Canoe Pass Packing company. of Alaska; a 65-foot boat for the Alaska-Portland; and. two for the Pioneer Packing company of Alaska. Hull May Be Completed. Indication that the unfinished wood hu-11 on the ways of the Sommarstrom Shipbuilding company at Columbia City, which was recently purchased from the Emergency Fleet corpora tlon by M. F. faommarstrom, presi dent and manager of the Want, will be completed, is found in the fact that the river steamer Joseph Kellotre nas been chartered to take a full load of shipbuilding material to the Som marstrom plant from the warehouse of M. Barde & Son. U. S. Naval Radio Reports. (All positions' reported at 8 P. M ye- terday unless otherwise Indira ted.) NILE, 4il miles southwest of S:tn Fran Cisco lightship. ANIWA. Honolulu for Portland. 2r,i mile from the Columbia river lightship til o f. ji., January u. ADMIRAL SEBKEE. San Francisco for V Ictoria, 2oo miles north of San Fran cisco at b i . Al January 20. KU6E CITY, saj miles north of San r rancisco. C. A. SMITH, Coos Bay for San Fran cisco, ZWi miles north of San Francisco. JUUAMA SillTH. Coos Bay for San rancisco, -u muea north of San Fran Cisco. WAHKEENA, Grays Harbor for San Pedro, oo miles south of Cape Blanco. CbLlLO, ban Francisco for Seattle, 345 miles nortn oz an Francisco. ERNEST H. MEYER. San Francisco for Portland, t5 miles south of the Columbia river. EL SEGUNDO, Point Wells for Rich mond, miles north of Richmond. QUEEN, San Francisco for Seattle. 423 miles from Seattle. ARGYLL, Seattle for Oleum, 670 miles from Oleum. ELKTON, Yokohama for Seattle. 458 miles from Seattle, at 8 P. M.. January 20. LANSING, Portland for Port San Luis, TOO miles from Port San Luis. AVALON, Raymond for San Francisco, 505 miles north of San Francisco. HART WOOD, Grays Harbor for San Diego, 265 miles south of Grays Harbor ADMIRAL SCHLEY, Seattle for San Francisco, SS5 miles from Seattle. ANISVA, Honolulu for Portland. 7 miles from the Columbia river lightship, arrive at lightship 4 A. M. tomorrow. ELKTON, Yokohama for Seattle, 107 miles from Seattle. ENTERPRISE, San Francisco for IJIlo, 6 miles from San Francisco. NILE, .14 miles southwest of San Fran cisco lightship. ATLAS, towing barge 93, Portland for San Pedro 53 miles north of San Fran cisco. WILLAMETTE. Grays Harbor for San Francisco. 62 miles north of San Fran cisco. IRIS, Sen Francisco for San Pedro, 80 miles south of San Francisco. SPOKANE, San Pedro for San Francisco, 123 miles from San Francisco. RICHMOND, towing barge 05, Richmond for Honolulu, 274 miles west of San Fran cisco. WEST MINGO, 902 miles west of Hono lulu: 8 P. M., January 20. MANOA, Honolulu for San Francisco, 1011 miles west of San Francisco; 8 P. M.. January 20. WEST CACTI'S, San Francisco for the orient. 1250 miles from San Francisco; 8 P. M.. January 20. NOCKUM, San Francisco for Balboa, 310 miles south of San Francisco; 8 P. M., January 20. DERBY LINE, San Francisco for- Ma nila, 1H72 mites from San Francisco; 8 P. M January 20. WEST NERIS. San Francfc-co for the orient, 700 miles from San Francisco; 8 P. M.. January 20. WEST HARTS. San Francisco for Yoko hama, 903 miles from San Francisco; 8 P. M. January 20. ASTRAL, Hongkong for San Francisco, 2390 miles from San Francisco ; 8 P. M-. January 20. WEST SEQTJANA, San Francl.-co for Yokohama, via Honolulu. 784 miles west of Honolulu; 8 P. M., January 20. FRANK II. BUCK, Llnnton for Monte rey. 36 miles from Llnnton. PORTER. Gavlota for Everett, 877 miles from uaviota. .,"011K PARTIAL PAYMENT PLAN FPU BUYING BONDS.". : - --. i Start with the Book V ' ZL . You'll soon own . t the Bond WORK and EARN, EARN and SAVE, SAVE and INVEST EXPRESSED there are the foremost principles of Thrift. And the last feature is as important as the first, for the person who does not convert a portion of his earnings into savings and a portion of liis savings into some thing which will bring him more earnings is not permanently prospering. It was to encourage just such Thrift that our Partial Payment Plan of Bond Buying was started. You choose a $100 Municipal Bond returning from 5 to 7 per cent interest as the first objective toward which you are going to save. You pay $10 down and $10 a month on that Bond. In the meantime your money goes on earning the same interest as the Bond. In no time the Bond is paid for and you can start buying another if you wish. Big and little; rich, medium and poor are invited to join our Bond Buying Club.- If you can't call, you can start by mail. These are exactly the same bonda me sell to hie Investors. Think it over, talk. It over, then. get busy. Ask for Our Descriptive Book CLARK, KENDALL & CO., inc. Government, Municipal and Corporation Bonds Fifth and Stark, Portland. Or. TRADE CLUB IS FORMED 29 Bl'SI.NKSS MJiX TO PL.AX FOR BIGGER COMMERCE. Furtlier Meetings Will lie Held to Discuss Ways of Extending Markets to Foreign Fields. Twenty - nine Portland business men, representing; many or the prin ciple institutions, industrial concerns and maritime interests of the city. met yesterday in the rooms of the Chamber of Commerce and took pre liminary steps toward the formation of an organization whose fundamental purpose will be to foster foreign trade for Portland and generally to advance the commercial prosperity of the city. No name for the new or ganization has been decided upon, but it Is expected that it will be known as the Portland Foreign Trade club. Those attending the organization meeting, with the businesses they represent, were: W. D. Wells, San Francisco Portland Steamship company; H. F. Ruger, Columbia-Pacific Shipping company: G. B. He gardt, commission of public docks; A. C. Lallan and J. Fred Larsen, Pacific Inter national company; Will Moore, collector of customs; E. N. Weinbaum, foreign trade secretary of the chamber of com merce: N. F. Titus and W. B. Mann, Mann-Titus company: E. N. Burns. A. Rubert & Co.: J B. Ktsky, Inland Pacific corporation; R. W. Bruce, Pacific Steam ship company; Christian Petersen, United States National bank; w. spina, state Bank of Portland; George Powell, Oregon pacific company: F. I. Randall, commission of public docks: H. A. Green. Swift & Co.; (i. G. Wylifc First National bank; W. G. Tucker. S. L. Jones & Co.; Preston W Smith, Kerr, Glfford & Co.: Frank S. Gray and Robert Nicholson, Balfour, Guth rie & Co.; G. A. Collins and H. P. Fergu son, Collins-Ferguson company; George N. Black and Oliver B. Huston, Hcnlus & Co.; C. M. Sillence, F. Griffin & Co.; Louis M. Dillon, Balfour, Guthrie & Co. and Y. Morlwakl, Mitsui & Co. J. Fred Larsen was elected tem porary chairman and E. N. Weinbaum temporary secretary. A committee consisting of representatives of three import and export houses, three ship ping concerns and three banks, was elected to draw up a plan of per manent organization and by-laws for the club for presentation at its meet ing next Friday at the Chamber of Commerce. Just how the new foreign trade club will work to get greater commerce for Portland will be delineated at the next meeting. The purpose of the organization only was determined upon yesterday. TCGS, SOLD,. WELIi KNOWN Tatoosh and Sampson Hate Seen Service in Columbia. The seagoing tugs Tatoosh and Kamnnon. rjurchased last week from the Western Fuel company and Puget Sound Lighthouse company, respec tively, by the Peterson Launch com pany. Inc., of San Francisco, are well known here and have made many vis Its Into the Columbia river the last few years. The Sampson is now tied up at the Kiernan & Kern shipyard in South Portland, and will probably go to San Francisco soon. Durinsr the construction of 'the jet ties at the mouth of the Columbia river, the tug Tatoosh was employed for a number of years by the O.-W. R. U. & N. company, which handled the towing service on the project. The tuic Sampson was built here by the Columbia Contract company and operated by that company until last vear when she was sola to tne & son Towing company, an affiliated concern. She was also used by the C A. Smith Lumber company in towing lumber barges from Coos Bay to San Pranclsco. The Sampson was also used by the Port of Portland as a harbor tug until the tug Oneonta was built. It is understood that both the Tatoosh and the Sampson are now to be used in towing deep-sea tankers for one of he California oil companies. Marine Notes. The tanker Silver Shell, the first of tho Shell company tankers to visit tnis port. reached her dock last night with a full cargo of gasoline and fuel oil. The army transport Marcia shifted yei terday from the North Bank dock to tha Portland flouring mills to continue load Inr. The steam schooner Johan Poulsen cam un the river yesterday to the wtllam ette Iron & Steel works, "where she loaded three - Scotch marine boilers for Calilor- nia, and I to finish then dropped back to Westport loading lumber. The tanker Imlay, whico brought creo sote oil from Amsterdam, finished dis charging at St. Helens and left down for San Francisco at 7 o'clock last night. The Hteum schooner Klamath arrlvod at tha Couch-street dock yesterday with freight from California. After discharging she will go to St. Helens this morning to load lumber. The steam schooner Claremont, fully loaded with lumber, and the oil tanker Washtenaw, In ballast, left down at mid night last night for California. The steamer Daisy Freeman sailed from Westport last night. Title mt A tori Thursday. High. Low. 1:S A. M 7.9 feet!7:R7 A. M 2.9 feet 1:28 P. M 8.9 feet 8:23 P. M.. 0.1 foot PRICES ADV.LVCE OWING TO r.NFAVOIUBLE WEATHER. Profit-Taking Checks Rise in July Delivery Lack ot Export De mand for Outs. CHICAGO. Jan. 21. Corn made further progress toward a high level. The close, however, was weak, ranging from He net decline to IVic advance, with May J1.3.vrf 1.351. and July I1.32H l-32i. Oats fin ished c oft to c up and provisions vary ing from 2c down to 20c gain. Unfavorable weather led to new upturns in the price of corn. Opening prices, which ranged from He to "3ic higher, with May 1 (1.34 1.35 14 and July J1.33V, it l.S34, were followed by a moderate additional advance In some cases. Profit-taking stiles brought about something of a setback later. especially In the July delivery. Oats were Inclined to lag owing to an absence of export trade. Domestic call was limited. Provisions reflected depression of for eign exchange, but rallied later as a result of estimates that swine on farms were much less numerous than a year ago. Leading futures ranged as follows: CORN. Open. High. Low. Close. 1434 1.35 January 11.41 Jl.44 J1.41 May i.4 1.4a- i. ' July 1.33 1.33 1.32 1.32 R2H 75 OATS. May 82 T 83 H S2i 75 U July 757 7B. PORK. January 39 00 May . . 3'J.OO 30.25 39.00 LARD. 30.1 May . 24.40 24.47 24.S2 RIBS. 20.55 20.72 21.07 24.32 24.00 24.42 24.75 July . May 20.50 20.85 20.7( 21.0" July Cash prices were: Corn No. 2 mixed, not quoted: No. 3 mixed, $1.52; No. 2 yellow, not quoted; No. 3 yellow. 11.55. Oats No. 2 white, 8789c; No. 3 white. fi t dBTc. Rye No. 2. 11.75. Barley 1 .40 w 1 ..". Timothy seed 110.5014.50. Clover seed 1453F54. Pork Nominal. Lard 23. 57 23. 67. Ribs 118 19.75. Grain at San FrancUro. SAN PRA.VnSTO. Jan. 21.- Ei .jLji.pi,i m inyi in a iii' wuiii ijl i.uiiuji ,i, mm trrr-r-- . .... .a..-. . ' -3 WANTED Motor Truck and Tractor Contractors to haul Twenty million feet Pine Logs from skidways to cars. No heavy grades. Average distance two miles. Call, Write or Wire Immediately Nicola Pine Mills, Ltd. MERRITT, B. C. Wb,at. 2.20; oat, red feed. " 0 ; barlt-y. f-od, J :t..10f 3 HT, ; corn, California yellow. JU.O&a.oO; White Egyptian, t3-70 '0 3.77i. Hay Wheat or wheat and oats, $23?27 ton; tame oal. J'J.j (ft J'i : wild oats, 21'r 24: barloy $'21 'a 24: alfalfa, $,28; stock hay, $1S'U21 barley straw. 50fS0c bale. Minneapolis Grain Market. MINNEAPOLIS. Jan. 21. Barlcv, J1.1S 1.45. Flax. $S.00l3.14. Duluth Unseed Market. pn.lTH. -Ian. 21 T.fne-d. .1n7r.V14. DELCO-LIGHT 1 The complete Electric Light and Power Pni-t "Will run an electric motor for two cents an hour. Cheaper than labor. UOUi:il. AI'PLIAXCE CO, Seattls U. A. Conifer, No. 3 .N. blk St Portland. Or. TRAVELERS' GLIDE. OS OIRKCT ailing; rHOM WEST ST. JOHN'. N. B.. J jn arrival C. 1 K. train from H 'the west. Iatk Steamnhlp To I Jnn. 29 Pretorian Olaspow " r- T ."-I. oUUllldVlHIl I,IVf riiOOl hVh. ! .Sicilian Havre-London Fob. 12 Metacama I,iv?rpool Feb. Itt Sootian Antwerp Feb. 'J7 Melita Liverpool Feb. 23 Grampian Havre-London Jtpiui-t'liina-!hilipplnett. From nncoiivcr. It. C, to Voko iiama, r-htinjEhJ, Manilas Hone Konc nt Steam:, hip EAM5TTIP iJKoADMlRAL LIN) S. S. ADMIRAL GOODRICH. Sails from Portland 9 P. M.. Jan uary 29, for North Bend. Marshfield. Kureka and San Francisco, connect ing with steamers to Loa Angeles and San Diego. HORSE RACES at Tia Juana. Mexico. KXn itSION FAKES. San I-'ranciro to n liea:o. S iO Round Trip. TICKET OFFICE. 101 Third Street, treislit Of Hi e. Municipal Dock No. 2. 'hone Main Parifle eileamauip Company. Change in Sailing SAN FRANCISCO S. S. Rose City Depart 12 Noon SATURDAY, JAN. 24 From Ainsworth Dock Fare includes Berth and Meals. City Ticket Office. 3d and Washington Phone Main 3530 Freight Office, Ainsworth Dock Phone Broadway 268 SAN FRANCISCO & PORTLAND S. S. LINES AUSTRALIA Honolulu. Suva. New Zealand. The .'alatial Iaftenjtrr Mmtnrrs K. M. S. "NIAiiA KA" K. L t-i. "MAKIRA" XO.OOO Ton 13.5O0 Tom Sail from Vancouver, fi. V. For fares and ftallliiK Pll" (an. Fac. Rail way. 05 Third rortland. or Canadiaa Autralian Royal Mail Line, 449 beyiuoa bt.. Vancouver. B. C CPU 3 1 Feb. 17 Monte.RiA m Feb. 19 Km press of Asia, Fb. '21 Kmpresa of Japan M V All Information From f Cajimlian Pacific f Orpiui srvicpM. f I'hon Bdwy. 0O J w 65 3d St., -r Portlw m