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