Morning Oregonian., January 21, 1921, Page 22, Image 22

TIIE MORNING OREG OMAN, ' FRIDAY, JANUARY 21, 1931
23
Multnomah county, as compiled by
County Auditor Martin, is as follows:
Interntate Jtridre Bonded Indebtedness:
Sale of bonds. 11)14 and lalS.
per cent 81.200.000.00
Annual redemption of 130.000
for 2.-, years beginning 11S,
redemption t date 1 50.000 .00
E
1594,621 ICE 1917
,12, TO RESCUE
TELEPHONES :
Marshall 4600 j 561-01
PAYS COUNTY
H
1 Store Hours
1 9:15 to 5:45
Eg a 1 .
H
SON
Balance of $1,100,000 Due
- on Interstate Span Bonds.
$150,000 ARE REDEEMED
Returns Expected to Bo Adequate
tor Creation or Sinking Fund
t, to Care for Malntenace.
Since March. 1917. when the Inter
state bridge was opened to traffic.
Its net returns to Multnomah county
nave aggregated J534.621.X9, accord
ing to a report on file in the office
of County Auditor Martin. Of the
bonded Indebtedness of Jl.250.000. re
demption to January 1 was $150,000,
leaving a balance due In serial bonds
Of Jl. 100. 000.
Because of the fact that an outside
auditor is emDloved by the county
commissioners, the net figures a re
turned to County Auditor Martin do
not tell the entire story of Multnomah
county's participation in the receipts
ef the big bridge, but are sufficient
to Indicate that the returns should
be adequate for the creation of i
sinking fund to take care of main
tenance a fund that Is non-existent
it present, unless it may be said to
be represented by $97,931.33 diverted
from the bridge receipts to construe
(.ion of the new county hospital.
Bridge Financed by Bonds.
In the opinion of competent engl
aeers no sinking fund is required for
the reconstruction of a new bridge,
as provided for in the 1919 statutes.
Inasmuch as a eteel bridge when prop
erly cared for and kept up Is prac
tically indestructible and will endure
lor more than the average llfetlm
ven for a century, some contend, or
Until the type may become obsolete.
The interstate bridge was financed.
for Multnomah county, by the issu
ance of 5 per cent serial bonds of the
st-te of Oregon, to the amount of
41.250.000, the longest term bonds
maturing In 25 years. In the orig
lnal legislation it was provided that
Multnomah county should repay to
the state 75 per cent of its share of
the toll receipts, in compensation for
Interest advanced by the state upon
bonds, until such time as the tide of
tolls made it possible for the county
to defray all interest charges. The
same measure called for the setting
side of 25 per cent as a mainte
ance and reconstruction fund.
Meaaare .VIped Oft Hooka.
This measure was wiped from the
tatute books at the session of 1919,
when the bridge was firmly estab
lished upon a paying basis and since
which time the county has paid the
interest on bonds as it falls due.
Due the state was $227,002.60 for
interest advanced, and of this in
debtedness the county now has dis
charged all save $74,300.93. Though
the balance is overdue the county
commissioners deferred payment by
reason of the fact that an insuffi
cient amount was on hand in the
bridge fund. On January IS, the
auditor's report shows, this amount
was $68,877.98.
Tet the report also shows that, but
for diversion of bridge funds to other
projects, the county could promptly
have discharged Its obligations to the
state. A total sum of $97,931.33 has
keen advanced from bridge receipts
to the construction needs of the new
county hospital In three installments
November. 1920, $42,037.35; Decem
ber. 1920. $29,554.73; January, 1921,
$26,339.25.
Auxiliary Items, 2S,8.
It Is apparent that the sum now
on hand, or $63,877.98, coupled i
the amount advanced to the hospital
project, and deducting ' the interest
item due the state, would leave an
actual balance of J92.508.33 in the
bridge fund, or an apparently ade
quate reserve for current mainte
nance. ' Auxiliary Items, also diverted
from the bridge fund and not appear
ing In the auditor's report, include
$28,666 paid the Warren Construction
company for work on Derby street.
It is understood that this sum, the
county contends, was expended upon
an approach and therefore is properly
construction cost.
Collections from the Interstate
bridge are paid in the proportion of
three-nrtns to Multnomah county and
iwo-mtns to uiarae county, wash'
ington. The annual returns to Multno
man county Have been: 1917. partial
year. X63.&49.65; 1918, I125.072.37-; 1919
178.940.24; 1920, $167,058.93, or a total
I jDil.tj.'i.ia.
Interest $55,000 Annnally.
Bearing 5 per cent interest, the in
terest charge on the outstanding in
debtedness id row $55,000 a year, but
inasmuch as S jO.ooo of the serial issue
Donga are retired annually, it Is ap
parent mat tne interest Item will
grow less by $2500 annually, while the
earning capacity of the bridge will
not decrease, but is expected hence
forth to show a steady gain.
As the present audit is not con
ducted by the county auditor, but is
supervised by a private auditor, e
ployed at the expense of the bridge
fund, the returns to County Auditor
Martin do not indicate the cost of
maintenance, but represent merely net
returns, disbursements on interest
and bonds, and funds diverted to
other purposes.
The interstate bridge commission,
however, by statute provisions of the
1919 laws, consists of the district at
torney and the county commissioners,
ach of whom draws $50 monthly from
the net tolls due Multnomah county.
The auditor appointed by the commis
sion, A. C. Rae. receives $150 per
month from the gross tolls, of which
Multnomah county pays three-fifths
or $90 per month, and Clarke county
pays two-fifths or $60 per month.
Bill la in Lea-ialatare.
A bill to abolish the extra compen
sation of the commission and the ap
pointment of an outside auditor has
been presented at the present session
of the legislature by Representative
Gordon of the Multnomah county dele
gation. The measure also provides for
the investment of surplus funds at
an adequate interest rate in state se
curities. County Auditor Martin, elected by
vote and under $20,000 bond, audited
all claims and estimates on the con
struction of the interstate bridge
without additional cost to the county,
and the pending measure would re
store to him entire supervision of the
audit of the bridge fund.
The report of interstate bridge fi
nances, as they affect 'Oregon and
Tola! Indebtedness $1,100,000.00
Receipt:
i!7 collections $ 63.549. 63
JIS collections llM.Oi-'.Si
J!1 collections 17S.1H0.24
19J0 collections 167.0iS.H3
Total $ 534.021. W
IHaburarments:
June, 1919, paid redemption on
bonds $ 60,000.00
June. 1919. paid interest on
bonds : 30.041.30
December, 1919, paid Interest
on bond . . 5, o . o
January. 1920. paid state on
bond 62.701.6:
Tun 1 tl naM paH.mntlnn an
bonds .'. 50.0O0.00
June. 1920. paid Interest on ' .
bonds zs.TWi.B-
Vnwmh.r 1Q'n nafrf viw hfM.
Bital i:,iwi.
rrmh- 1!-n nnlri fciaw hna.
pital "... 29,554.73
December. 1920, paid Interest
on bonds
January. 1!21. new hospital.. 26.39.--
.lantial-v 1!)'M n, iH ,1.1. nf
Oregon mu.ww.w
Father, Accused of Cruelty,
Defended by Boy. '
Total $ 465.743.21
Balance on hand January IS, .
lt-;i i eo.sii.va
Additional claim of the rtate
of Oregon for balance aue.. j-.juv.vo
Recapitulation of New Hospital.
ri.t...-.An.& fa-
November. 1!20 .$ 42.037.85
n,r,m h.-r 1:o . 2'J..io4.
January. 1921 26.3:10.2
Total t 87,931.33
50 PLEDGE ENERGIES IN PRO
CURING SEW TIMBER.
Association's Monthly Banquet
Held Representation at Seat
tle Meeting Assured.
Is
Fifty credit men of the city las
night promised to devote their ener
gies to procuring new members for
the Portland Association of Credit
Men at the association's monthly ban
quet held in the Crystal dining room
of the Benson hotel. The response
was made at the request of I'hil R.
Sessions. corresponding secretary,
after the need for new members had
been cited by Orin M. Pierce, chair
man of the membership committee.
It was announced by Mr. Pierce
that this year's results are in marked
contrast with the first part of 1920,
That Portland will be well repre
sented at the meeting of northwest
credit men to be held at Seattle next
month was assured by the addresses
of several speakers. '
New bills which the association
plans to present to the legislature
were discussed with the result that it
was decided that letters will be sent
soon to various senators and repre
sentatives urging passage of the as
sociation measures.
Two solos were ' given by Miss
Marion Bennett, accompanied by Mrs.
Fred Youney, B. F. Wagner, vice-
chairman of the national association
of credit men, outlined the various
phases of the bankruptcy law with
reference to the work of the Indi
vidual credit man. He asserted that
the law was drafted to aid those per
sons financially ill.
A. R. Morris, chairman of the con
ferences and conventions committee,
urged all to attend en masse the con
vention to be held at Seattle while
Charles H. Hill of the legislative com
mittee told of the work that body has
recently performed at Salem.
Songs, which will be sung by the
Portland delegation at Seattle were
heard under the direction of Walter
Jenkins.
H. J. Powers, chairman of the as
sociation, acted as toastmaster.
YTHIANS MEET TUESDAY
Recent Changes la Regulation Will
Be Discussed.
Members of the Knights of Pyth
ias, first district, domain of Oregon,
have received an order from Henry
Saxrun, district deputy grand chan
cellor to meet In the Pythian temple
auditorium, 388 Yamhill4 street, next
Tuesday evening, 7:30 o'clock. Short
addresses by prominent Pythians of
the district will be delivered and a
programme will be given. The meeting-
is open to all members of the
organization in good standing, the
Important part of the discussion
centering ' around the recent changes
in Pythian regulations. Proposed
changes in district laws will also be
discussed.
On the third floor of the build
ing a banquet, under the supervision
of Grand Chancellor W. J. H. Clark
and Walter Gleason, grand prelate
jaloff. will be served.
Lodges comprising the local dis
trict are Ivanhoe, No. 1; Cosmopolitan,
No. 109, both of Portland, and Cata
ract No. 76 of Oregon City. An at
tendance of 2000 members is expected.
COTTAGES SAVE BOYS
Judge Kanzler Favors Plan for
State Training School.
Jacob Kanzler, judge of the court
of domestic relations, is an enthusi
ast'c advocate of the cottage plan for
a new state training school for boys.
as recommended by Governor Olcott.
"The system of housing at the pres
ent training school is poor," he said
yesterday. "There are no facilities
and I, for one, hesitate to send a
boy there now. There is no segre
gation of the boys. They are crowd
ed into one building. If a new scheme
of cottage segregation were effect
ed, with vocational training taking
the leading part in the programme,
many boys who now cannot keep out
of trouble because they hasje nothing
to do. will be saved.
"If we had a state training school
operated on the cottage plan, we
should be able to reclaim practically
every boy sent there. If we make a
boy belive that we will come part
way with him and that we are at
tempting to put bim on his feet,
he will become interested."
LUNACY BOARD WILL ACT
Humane Society Investigator Re
ports Daughter of 10 Beaten
by Parent for Playing.
John Spencer, a religious fanatic
thought to be temporarily deranged,
was saved from a suicide's death yes
terday when his 12-year-old son
George, who found him hanging fcy a
rope in the basement of their home,
1136 Minnesota avenue, cut the rope
with a butcher knife before Spencer
had strangled to death.
Spencer was later taken into cus
tody by Officer Churchill of the Ore
gon Humane society and lodged In
the county jail pending an examina
tion before a lunacy commission. The
hearing will be at 2 o'clock this afteri
noon before Circuit Judge Tazwell.
Spencer, who Is 62 years old and a
laborer, was arrested 'after repeated
complaints had been received by the
humane society and the county au
thorities of his alleged cruel treat
ment of his children.
Beacae Revealed by Accident,
Mrs. F. W. Swanton, secretary of
the commission, conducted an inves
tigation yesterday afternoon and
learned of the suicidal attempt which
resulted in the young son saving his
father. The boy ran from the base
ment to the kitchen for a butcher
knife and cut the rope which was
slowly strangling Spencer to death.
It is alleged that Spencer beat his
10-year-old daughter Tena several
days ago and it was this last alleged
beating which was being investigated
when the other facts concerning the
attempted suicide were revealed. Ac
cording to Principal Dickson of the
Ockley Green school, Tena went to
school with her head and body badly
discolored and disfigured as a result
of being beaten by a plank.
Another daughter, 16 years old, Is
said to have left home because of the
alleged cruelty of her father. The
boy George sought to defend his par
ent from the accusations of the others
and it was only after considerable
questioning that he finally admitted
cutting the rope by which his father
was attempting to hang himself.
Child Punished for Playing.
Mrs. Swanton said that her investi
gation yesterday showed that the
daughter Tena had been unmercifully
punished because she was romping
and playing with other youngsters in
front of her house on her birthday an
niversary.
Spencer is an extremist In religious
fanaticism, said Mrs. Swanton, and
punished his children for any harm
less diversion, fehe also said that in
vestigation showed that he had been
adjudged insane on a previous occa
sion. Mrs. Spencer Is afraid of her
husband and bas been too timid to
protect her children from their
father s alleged abuse, it was said.
Mrs. Swanton said she found the
family living under the most unfavor
able conditions and the children are a
frightened, sickly-looking little flock
because of the constant fear of their
father.
ONE SALE THAT HAS
STOOD THE TEST
The People Have Shown Their Confidence in Our Efforts to Give Them Lower
Prices on EVERYTHING and We Shall Press Unflinchingly Forward.
Friday Begins the
of Peerless
Twenty-second Day
Value-Giving
Every Article K
-si
educe
D. HAUSER LEADS DELEGA
TION TO SAX FRAXCISCO.
SUPPOSED THIEF ESCAPES
Stolen License Plates on Machine
Cause Detention of Driver.
OREGON CITY, Or.. Jan. 20. (Spe
cial.) Leslie Ay res of Canby while he
was driving to Portland today no
ticed a machine approaching him
bearing license tags of the same num
ber as the tags which had been stolen
from his machine. Ayres accosted
the driver and inquired where he got
his tags. The man acted embarrased
and Ayres commanded him to drive
to Oregon City'and explain the matter
to the sheriff.
Upon arriving here the man parked
his car near the Hawley mills and
started up the street with Ayres for
the courthouse. About half way there
the stranger, who gave his name as
Kerry, ran onto a side street and dis
appeared. The car he drove to this
city is now in the hands of the sheriff,
who thinks that it has been stolen
from Portland.
S. H green stamps for cash
Hnlmau Fuel Co. Mala 353. 160-21.
Ady, -
Former Member of Regiment Will
Form Permanent Organization
to Meet Annually.
Under the leadership of K. D. H'au-
ser, ex-major, the northwest delega-
ion left shortly after midnight last
ight to attend the reunion and ban
quet of former members of the 18th
ngineers (railway), to be held at
San Francisco Saturday night.
It is the intention to form a per
manent organization of former mem-
ers of the regiment, with a view to
holding annual meetings.
Colonel James B. Cavanaugh, head
the government engineering dis-
rict of the North Paciific, who was
the first commanding officer of the
regiment, was unable to leave with
the northwest delegation. He sent a
letter which will be read at the re
union by Mr. Hauser. i
The 18th engineers (railway), re
cruited on the Pacific coast, was
the first organization from this sec
tion to go to France during " the
war. The regiment made a record
(CONTRACT LINES AND GROCERIES EXCEPTED)
Surprise!
F
When everything in the store is reduced so
wonderfully, anything that merits the name of
"Surprise" must necessarily be of the sensational
order. So it is with these values in
Suits
Coats
Dresses
A visit to the department will disclose extraor
dinary values for which patrons who look in our
Fifth Street windows will be prepared.
Meier & Frank's: Fourth Floor.
HpHAT'S All You Need to
-1 Know You Don't Have
to Make a Note of Specific
Offerings Simply Make a
Note of Your Needs . . . All
of Them . . . and Supply
Them for Less at Meier &
Frank's During the
January Clearance
Sales
Now in Progress All Over the Store
See Our Wonderful
Window Displays
i I
fcw fh construction of docks, rail
road yards and warehouses sufficient
to supply 400.000 men at the front,
ho wnrk j-beina: completed In less
than a year.
Old Water Rights Maintained.
BOISE. Idaho, Jan. 20. (Special!)
Judge Readock.- of the Third judicial
off
on knox and stetson hats
0 o:
on every dollar's worth of
merchandise in
the store
no exceptions handkerchiefs and
collars by the one-half dozen only.
42 off on overcoats
SO off on shirts
lOTIio a
acfuel
district court decided for the defend
ant In the suit involving right to wa
ter In the Wood river district In
south central Idaho, established In
1883. Albrethson et al.. brought suit
against the Wood River Land com
pany to declare abandonment and for
feiture of the water rights.
Jackson County Bank Prospers.
MEDFORR Or.. Jan. 20 (Special.)
The Jackson county bank, which Is
Medford's oldest financial institution,
re-elected all its directors and of
ficers at the annual meeting just
held, declared a dividend of 8 per
cent, and announced the last year as
one of the most successful since the
bank was organized 32 years aso.
This was attributed to the lucrative
price received for pears, the growth
of the dairy business and the gen
erally sound condition of the valley.
IHH ll'ai'.MSlaMMIIaanl allllllaaiaM
s p."i ! i
exclusive but not expensive
men's furnisher and hatter
331 Washington st.
near broad way
15 First-Class Carpenters
Wages 86 Cents Per Hour
First consideration will
men living in Portland.
be given to
Apply to
Northwest Bridge & Iron Company
Foot of Sheridan Street
14
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