IK ICE FIVE CENTS
VtfT. I In 18 774 Entered at Po rt I a n d (Oregon)
PORTLAND, OREGON, TUESDAY, JANUARY 25, 1921
ATHENS, GA.f IN PERIL
IN $2,500,000 BLAZE
FLAMES IX BUSIXESS DISTRICT
BErOSD CONTROL.
OREGON MESSENGER
MAY BE FINED $1000
ELECTORAL VOTE DCE AT
CAPITOL XOT YET THERE.
FIVE OF 100 STUDENTS
FAIL AT CALIFORNIA,
H0MESEEKERS' RATES
TO NORTHWEST BACK
GREAT XORTIIERX FIRST ROAD
TO MAKE REDUCTION".
IRRISCREDITORu
BILK IS HELD
liS BLACKMAILER
TILT LOOMS OVER
ROOSEVELT- ROAD
mm
fW GET I CENTS
Books Indicate Loss of In
vestors Will Be Low.
UNIVERSITY'S PERCENTAGE
LAST SEMESTER GIYEX".
The 'Shadow' Suspect Is
Caught in Seattle.
DUAL ROLE BELIEVED BARED
Prisoner Also Is Accused as
, Jalkative Burglar.
EXTRADITION IS WAIVED
With End of Trail Reached, Events
Leading to Suspicion and
Arrest Are Revealed.
' Portland police detectives yester
day arrested in Seattle George Bil
lings, alias Joe Brady. With the ar
rest of Billings, Mayor Baker and
Chief of Police Jenkins declared that
the mystery surrounding the daring
lotivitles of the "talkative burglar"
and "the Shadow" will be solved be
fore the close of the week.
Suspected of playing the dual role
of burglar and extortionist. Billings
will be brought back from Seattle to
day by Lieutenant Goltz and In
spectors Leonard and Hellyer, who
took him into custody.
News of the capture was first re
eeived in a teiegram to Mayor Baker
- In the afternoon. Shortly before C
o'clock last night Captafh of Inspec
tors Circle received a long-distance
message from Lieutenant Goltr that
Billings has consented to return with
out extradition. The detectives will
leave Seattle with him today.
Details of Search Revealed.
With the arrest of Billings and his
impending return to Portland, where
a charge of burglary now stands
against him, much of the secrecy of
police activities in their determined
search for the man was revealed. And
while the capture was made by Lieu
tenant Goltz and Inspectors Leonard
and Hellyer, it was known at police
headquarters that much of the credit
must be shared by these officers with
Joe Day, veteraa detective sergeant.
It was Sergeant Pay who first took
up the trail for Billings, alias Brady,
more than' a month ago, shortly after
the burglary at the home of Roscoe
C Kelson. Portland lawyer, which was
one of the last . Jobs undertaken by
the "talkative burglar."
Billings Draws Suspicion.
Several days after this burglary
and the subsequent notoriety achieved
by the "talkative burglar" through
his written and , telephone corre
spondence with Mr. Kelson, Sergeant
Day was met on the street by Jack
O'Neil, manager of the Globe theater.
O'Neil voiced the suspicion that Bil
lings, who was using the alias of
Brady at the time, might be mixed
up in the daring early morning bur
glaries which were baffling the en
tire police bureau.
After the burglary of the Nelson
home the "talkative burglar" mailed
back In a small box a part of the
jewelry taken. After this Jewelry had
been returned Mr. Kelson expressed
the hope that the burglar would con
sent to return Mrs. Kelson's diamond
engagement ring in return for a cer
tain amount of cash.
Phone Call Is Received.
Less than an hour after the news
paper containing this orfer was on
the streets Mr. Kelson received a tel
ephone call from a man whom be rec
ognized by the voice as the burglar
who had talked and stolen so freely
and easily In the Kelson home a few
Bights before. By telephone it was
arranged that Mr. Kelson should drop
a. large envelope containing $100 on
on the sidewalk along Twelfth street,
between Washington and Alder, the
following day at a time set by the
burglar.
This was done, but the ring was
not returned. Sergeant Day, during
the course of his investigation, learned
that Billings a week before this had
borrowed $6 from O'Neil. The day
after Mr. Kelson dropped the envelope
containing $100 in currency of small
denominations Billings entered the
Globe theater and paid back his loan
to Mr. O'Neil. At that time he dis
played a thick roll of $5 bills.
The night after Mr. Kelson dropped
the $100 envelope he received another
telephone message from his unknown
burglar In which the latter asserted
be had failed to find the envelope as
expected. After considerable discus
sion the burglar insisted that another
package containing $35 be dropped
before the ring should be returned.
O'.lrll's JVame Mentioned.
"Well, I know Jack O'Neil and Dr.
Een L. Norden, and they will both
tell you that I keep my word." the
fellow responded.
After he took up the chase Ser
geant Day directed his. efforts toward
locating the place where the man
was living during his stay In Port
land. After he had procured this
last money from Mr. Nelson, Billings
failed to put in an appearance around
the Globe theater, where he had spent
part of his time-before.
After a lengthy telephone conver
sation, it was agreed between Mr.
Kelson and the burglar that they
should meet near the public audi
. torlunv Third and Clay streets, the
following morning, which was Sun
day. Mr. Nelson drove up to the
meeting place in his automobile. As
Hundreds Straggle to Sare Prop
erty From Buildings In Danger.
Atlanta Sends Apparatus.
ATHEN3, Ga., Jan. 25. Damage
estimated around $2,500,000 was
caused here early today by fire of
undetermined origin in the business
section of Athens. Three city blocks
were practically destroyed within
three hours after the fire started,
and at 2 A. M. It appeared still to
be out of control.
Explosions of gasoline drums scat
tered the flames before the firemen
could gain control, and the fire spread
down the east side of Wall street
south to Broad, virtually destroying
every building along the street. Three
stores on Broad street were burned.
The fire continued to spread more
than three hours after It started arj
aner virtually destroying me i
buildings occupied by Michael Bros.
another tongue of flame spread from
the building on Broad street. It
was said the block on Broad, known
as the Dupree block, would be a total
loss.
A drugstore at Jackson and Clayton
streets caught fire soon afterwards
and spectators believed the flame
might sweep through another block
here. Many expressions of opinion
were that the whole down-town sec
tion would be burned unless the
flames were checked quickly.
Hundreds of persons struggled to
save their property from buildings
threatened by flames, and the streets
adjoining the fire area were soon
jammed with wagons, automobiles and
wheelbarrows loaded with furniture
and stock taken from stores and
offices.
Danger to General High
way Plans Scented.
$2,500,000 FUND INVOLVED
Trouble Depends on Action of
Hall and Norblad.
ATLANTA, Ga., Jan. 25. The At
lanta fire department was called upon
early today to send aid to Athens
and it was said the fire raging there
threatened to destroy the entire
down-town section.
HOUSE FOR FREE SEEDS
Lawmakers Vote to Appropriate
$360,000 for Distribution.
WASHINGTON. Jan. 24. The house
voted today to appropriate $360,000
for the free distribution of seeds by
members of congress.
This is $120,000 more than was ap
propriated for the current fiscal year.
The vote was 83 to 72. This was
the first time in years that the an
nual agricultural appropriation bill
provided no funds for seed distriou
tion. Representative Langley. repub
lican, of Kentucky, Introduced an
amendment embodying trje appropria
tion, which was, adopted after Repre
sentative Blanton had made an un
successful attempt to have It ruled
out on a point of order. He described
seed distribution as a graft.
MINE CONFERENCE IS ON
Greater Federal Co-operation Aim
of Berkeley Meeting.
BERKELET. Cal., Jan. 24. Dele
gates from all government experi
ment stations of the west, the United
States bureau of mines at Washing
ton, D. C, and Pacific coast univer
sities and mining schools assembled
in Berkeley today to discuss means
by which greater federal co-operation
can be lent the mining industry.
The conference at the Pacfilc coast
mine rescue station at the University
of California is under the auspices of
the government bureau of mines.
RETAIL LUMBER DOWN $6
Lath and Common Grades at Bend
Cut 2 0 Per Cent.
BEND, Or., Jan. 24, (Special.)
New retail lumber prices including
lath and common grades, were an
nounced here today, representing a
downward revision averaging about
six dollars a thousand.
This means an average cut of ap
proximately 20 per cent, the local re
tailing agent for the Bend mills
stated.
COURT UPHOLDS SEIZURES
Taking of German Insurance Com
pany Securities Approved.
WASHINGTON, Jan. 24. The su
preme sourt today upheld the author
ity of the alien property custodian to
seize securities deposited in this coun
try by German insurance companies
to protect American policy holders.
The court said there could be .no
doubt that the trading with the
enemy act authorized such a seizure.
2344 IS FORD'S GAIN
Newberry's Plurality in State Is
7500; 1574 Precincts Counted.
WASHINGTON, Jan. 24. At the
end of today's recount by the senate
committee of-ballots cast in the 1918
Michigan senatorial election. Henry
Ford had a net gain of 2344.
The recount included 1574 precincts
out of 2232. In the state Senator
Newberry's plurality was about 7500.
WAR WOOL TO BE SOLD
TWO SENATORS WATCHED
Xot Mucu Done by Commission on
Mythical Rout Because Fed
eral Aid Is in Air.
STATE HOUSE, Salem, Or., Jan. 24.
(Special.) Clash of forests is
pending over the Roosevelt highway
and before the end of the session
this mythical military road along the
Oregon ooast may te a thorn in the
general road programme. Whether
the Roosevelt highway will cause
trouble depends on the course of
action adopted by Senators Hall and
Norblad, who have introduced a
measure to have $2,500,000 set aside
to start work.
The people originally approved the
Roosevelt highway and authorized a
bond issue in that sum, with the un
derstanding that the federal govern
ment would match it. The govern
ment has done nothing, so Hall and
Norblad want the state money" used,
arguing that by the time the $2,500,
000 is spent the government may be
ready to co-operate.
Highway Becomes Detriment.
The Roosevelt highway has been a
stumbling-block in the road pro
gramme of the coast counties. The
state highway commission has not
done much toward locating and im
proving the coast highway for the
reason that there is always the pos
sibility of the Roosevelt highway
coming to life through federal as
sistance. Intended originally as a
benefit to the coast counties, the
highway, in fact, has become a detri
ment.
It would be belter for the coast
counties if the Roosevelt highway
law was repealed, for then the state
highway commission would be more
free to give attention to the coast
highway. With the Roosevelt project
In abeyance, the commission has been
marking time, practically, on the
coast highway and probably will con
tinue to mark time until the proposed
Roosevelt highway appropriation is
atched by congress or the highway
law rescinded v
Among the objections to the Roose
velt highway bill of Senators Hall
Concluded on Page 6. Column 3.)
Other States Reported Similarly
Remiss; Vice-President Mar
shall Much Concerned.
THE OREGONIAN NEWS BUREAU,
Washington, Jan. 24. Members of the
Oregon delegation in congress became
intensely worried tonight when ad
vised by Vice-President Marshall that
Oregon's messenger carrying the elec
toral vote of the state to Washington
had not arrived.
The vice-president's office had tak
en so much interest in the matter
that it ascertained the fact that W.
L. Robb of Portland was supposed to
carry Oregon's five votes for Harding
and Coolidge here to be deposited
with the vice-president before mid
night. Failure to do this, according
to Mark Thistlewaite, secretary to the
vice-president, meant that Mr. Robb
would be called on to forfeit his mile-,
age from Portland to Washington
and to pay a fine of $1000.
Oregon, It was explained, will not
lose its electoral vote by the delin
quency of Mr. Robb, but he will be
called upon to pay the penalty.
Members of the Oregon delegation
began to make inquiry today when
they were told that the state's mes
senger was in danger of being penal
ized, but discovered that it was use
less to try to save the situation. The
best Information they could obtain
was that Mr. Robb was not planning
to leave Portland until February 2
and that therefore it was foolish to
urge him to hurry up.
At least five other states appeared
to be 'In the same boat, including
Maryland, which is just next door to
Washington. Messengers from the
comparatively .nearby states of Indi
ana and North Carolina also had
failed to appear, while those frdm the
western states of Utah and Nevada
were missing.
Mr. Robb last night announced that
he telegraphed Senator McNary yes
terday afternoon, explaining to him
that it had been thought here that
all points of the electoral law were
being fulfilled and that he had ex
pected to leave for Washington with
the vote February 1. He expected to
receive orders soon to proceed to the
national capital with it, he said
"I have no other expectation than
that I shall go to Washington with
the electoral vote," safd Mr. Robb.
"Evidently,, there has been a mistake
as to when 9 should have been in
Washington with the vote, but when
it is explained to Vice-President Mar
shall no doubt he will authorize me
to take the vote there.
According to the statutes, the dele
gates met at Salem January 10 and
cast the votes five each for Hard
ing and Coolidge. We filled the va
cancy caused by the removal from
the state of John T. Richardson,
electing George E. Waters of Salem.
I was elected messenger to take the
vote to Washington. Secretary of
State Kozer prepared three certifi
cates. One was mailed to the presi
dent of the United States senate, Mr.
Marshall, from Salem; the second was
sent to District Judge Wolverton,
Men 'Who Are Disqualified Until
Studies Are Made Up Found
fo Outnumber Women.
BERKELET. Cal., Jan. 24. (Spe
cial.) Approximately 5 per cent of
the students enrolled at the Uni
versity of California last semester
were, disqualified as a result of fail
ure to pass in two-thirds of their
courses. According to an announce
ment from the president's office made
public today, the number so disquali
fied was 521. Of this number a
great proportion were foreign stu
dents, while it was found that the
men outnumbered the women.
In spite of the apparent raising of
standards at the university, this per
centage is no hteher than usual. The
students who had been disqualified
must stay out of college for six
months, and must clear their records
by examinations in those studies in
which they were deficient before they
will be allowed to re-enter.
For the first time, entrants at the
University of California have, been
required to submit to an intelligence
test. On Saturday some 1500 stu
dents took a three-hour test, much
like the old army test. Of this num
ber 800 were new students, while the
rest volunteered for the examina
tion. Though the test is an inno
vation at the university. It is hoped
that by it freshmen will be advised
to pursue the lines of work for which
they are best adapted. The results
of the examination will not be known
for a week or ten days.
f PIPES CRIME
All Memory of Murder of
Wife Is Denied. V
KISS IS LAST RECOLLECTION
War Bride Declared to Have
Confessed Infidelity.
SLAYER SOBS ON STAND
Defendant Declares lie Does Xot
Recall Confession Xor: Any
thing Until Day After.
COAL BILL IS DENOUNCED
Calder Measure Aids -Profiteers,
Says Maine ex-Governor.
WASHINGTON, Jan. 24. --Because
of its provisions taxing coal broker
age commissions as high as 90 per
cent the Calder bill to regulate the
coal industry is "the most stupen
dous aid to prefiteering ever devised,'
former Governor Curtis of Maine de
clared today before the senate com
mittee considering the measure.
"I'm just explaining why the coa
men are anxious to see this bill go
through," he said. "It amounts to
conspiracy between the government
and the profiteers to. raise the price
of coal. It tempts men to profiteer.
As a coal man I've no objection, but
as a citizen I'm telling you what it
will do." 5:
BRITISH GOLD RECEIVED
(Concluded on Page 7, Column 4.)
Steamship Carmanla Enters Port
With $7,60 0,000 Aboard.
NEW YORK, Jan. 24. Gold worth
$7,600,000 arrived here today from
England aboard the steamship Car
mania.
Of this amount, $4,300,000 was con
signed to Kuhn, Loeb & Co., New
York bankers.
It was purchased by them in the
London open market and is part of
nearly $95,000,000 in gold recently ac
quired by that company.
SPEAKING OF THE PANAMA CANAL.
V, JH. OTHW CouNTVlfa RWStu-NO cqjection TO uncue. SM.
ssss, 1
r,M . ....... ,,ssyZ?yJZA
Department Sots Date to Dispose
of 4,000,000 Pounds.
WASHINGTON", Jan.' 24. .Approx
imately 4.000,000 pounds of wool will
be offered for sale at auction by the
war department it was announced to
day. The sale will be held at Boston
QW WE. YAUSYNV WANE- AHY .VWIUtGt flCrt W!
No FC 'CO
'fh mm
"I'm just making a fool of you. I
never did love you, Tom. I've been un
true to you from the start."
This was the confession of Tessle
Lotlsso, 19-year-old English war
bride of Thomas Lotlsso, a few mo
ments before she was slain by her
husband in the early morning of No
vember 30, testified Lotlsso, on trial
for his lite before a jury in the court
of Circuit Judge Tucker yesterday.
But that he flamed with anger and
emptied his pistol at her in passionate
retribution for the alleged betrayal
was denie'd. He shot her in a moment
of which he has not the slightest rec
ollection, Lotisso declared, saying
that had no recollection of a complete
confession made before former Dep
uty" District Attorney Deich and
newspaper men the morning of Mrs.
Lotlsso's death, nor of the remark a
city jailer has testified Lotisso flung
in ' the direction of a friend when
questioned -as to the reason he was
in jail that morning:
"Oh, I bumped off the old lady last
night."
His recollection only returned with
Happenings of the afternoon follow'
ing, he testified.
Wife's "Confession" Repeated.
Of events after the taking of hi
wife from a Chinese restaurant at
Fourth and Everett streets, where
sue naa gone. lor noodles when
through work at midnight in company
wun three other gJils from the Broad
way Hazelwood and the assistan
manager of the establishment. No
vember 29, Lotlsso testified in part
as rouows:
"At Sixteenth and Alder my wife
suggested again that we get out and
walk. She said she had something
very important to tell me. When w
got off and started walking down th
street. I said: 'My goodness, little
girl, you re causing me a lot of trou
Die. rou re driving me crazy. The
only thing I can think to do .is to
send you back to England.' I told he
what I had learned oCthe reputation
of the place where I had found her
that night.
"I told her it was a hell-hole where
niggers. Chinamen and persons of the
lowest type gather .after midnight
and have their noodles and booze.
Then she said to me, "I'm just mak
ing a fool of you. I never did love
you, Tom. I've been untrue to you
from the Btart. We can't live to
gether any more.
Soldier Brought Into Case.
Furthermore, when I got off the
steamer in Kew York City I met a
soldier, and this soldier kept me com
pany from the time I left Kew York
until we got to Chicago, and was
with me two days and two nights
there. I ve been untrue to you from
the start.'
"When she told me that I didn't
know what to do. I couldn't believe
it. I said. "My, goodness, Tessie, to
think that I have lived with you all
this time and at the last moment you
come out and tell me of these things.
I can't believe it.'
But she said it was all true, and
that there was a letter in the Amtrl
can Red Cross office in which shi
confessed what she did in Chicago.
I walked over to the driver, after
motioning him to drive up to us, and
said, "Eddie, what is the damage?
He said he thought it was $3. I got
out a $5 bill and just then Tessle.
who was standing nearby, started to
run.
No RecvsHectlon of Snooting;.
I asked him to give me my over
coat which I had left in the seat of
the car and I started after her. I
walked to the corner of Fourteenth
and Alder, when my wife ' turned
south. Then she fell down. She
didn't have her eyeglasses on that
night and must have stumbled on the
urb. I ran over and picked her up.
and said, 'Tessie, girl, get yourself
together and we will go home.' I
kissed her lips. Then I picked up
her hat and purse and we started to
walk toward Alder street.
"It was then when I heard someone
say, 'You let that girl alone, you
." I don't
know what took place after that. I
do remember someone struck me on
the head. They told me afterward
that I had shot my wife. I don't
recall anything after that. Somebody
struck me on the side of my head.
"They told me after I was arrested
that I had shot my wife, that I had
killed her!"
Lot lino Sobs Violently.
With his face contorted as though
In anguished recollection of that mo
ment, and fists doubled, Lotlsso broke
into violent sobbing. It lasted only
a moment. Albert B-. Ferrera. who,
with Joseph H. Page and Orval J
Perkey, represent the defendant, In- I
Farmers of Middle West May Make
Round Trip for Less Than
One-Way Fare.
A decisive step toward pre-war
conditions has been taken by the
Great Northern railway in announc
ing that It will restore homeseekers'
rates to Pacific northwest points
along its lines from St. Paul. These
rates have not been in effect on any
road Since they were abolished as an
economy measure during the war, and
the Great Northern is the first to re
sume. Announcement of the rate restora
tion, received here yesterday in a
special message from St Paul, de
clared that it will mean the resump
tion of the influx of homeseekers
from the middle west to the north
west. Great Northern traveling lec
turers, working under the direction
of E. C. Leedy, general supervisor of
agriculture for the railway, have been
telling the farmers and others in the
middle west of the opportunities In
the northwest, it is explained, and
now that low fares have been re-es
tablished, the prospective settlers will
be able to make the trip out this way
to see for themselves what is here.
For a little less than a one-way
fare travelers may visit the north
west points included in the rates
restoration order and return to their
original starting station.
The rates will be effective the first
and third Tuesdays of each month,
from April td October of this year.
RECEIVER LISTS ALL ASSETS
Litigation, It Is Said, Will Re
duce Amount.
ONE TEST SUIT IS PLAN
If Many Go Into Court to KMablisli
Claims Others Will Lose, Says
W. D. Whitcomb.
STORM ISOLATES DENVER
Mountain Region Reports Heaviest
Snowfall of Winter.
DENVER, Jan. 24. The heaviest
snowstorm of the winter, embracing
many points in the Rocky mountain
region. Isolated Denver and other
cities from telegraph and telephone
communication for a time early today.
According to the weather bureau
the storm swept south from Cheyenne,
Wyo., over Colorado, northern New
Mexico and Oklahoma, east Into Kan
sas and central Nebraska and north
to North and South Dakota. The
storm center was Goodland, Kansas.
WOOL GROWERS TO FIGHT
Demand for Tariff to Be Pressed
at Xational Capital.
SALT LAKE CITY, Jan. 24. Frank
J. Hagenbarth, president of the Na
tional Wool Growers' association, an
nounced that he will leave for Wash
ington, Wednesday to confer with the
house ways and means committee
relative to the proposed tarirr on
wool, a bill which is distinct from the
emergency bill.
Mr. Hagenbarth is expected to he
joined at Washington by Dr. S. W.
McClure of Pendleton, Or., who will
take part in the conference.
Creditors of Morris Bros., Inc., de
funct bond house, probably will
eventually receive about 80 or S2
cents on the dollar through liquida
tion of assets
That is the best estimate that can
be gotten from the mass of figures
worked out in elaborate detail by
W. D. Whitcomb, receiver, and his
staff after continual day-and-night
labor since Friday, December 24.
1920. and made public for the first
time yesterday afternoon.
Contingent upon various probabili
ties and possibilities, the creditors
nay receive anywhere from 64 to 96
cents on the dollar, these being the
two extremes obtained from varying
figures based upon the most op
timistic possibility and tho lowest
opposite viewpoint.
From a maze of incoherent, chaotlo
materials, including books from
which it is said a correct trial bal
ance has not been struck for about
two years, Receiver Whitcomb and
his staff have dug the assets of the
corporation, which went on the rocks
last Christmas, and have assembled
figures which reveal In an orderly
fashion what the actual financial sit
uation is.
73 Cents on Thin F.ntlmatr.
Figures from which It Is estimated
there will be not less than 75 cents
on the dollar payments show total
assets in hand as $2,168,090; total
liabilities $2,868,113 and deficit ot
$700,022, according to Mr. Whitconib's
compilation. If all of these assets
were to be put Into a single pot and
liquidated as a whole and payments
made to creditors, it Is said, the re
sult would be a 73 per cent pay-out.
To arrive at the opposite extreme,
namely, payment of 54 cents on the
dollar, sums such as $996,000 of se
curity for louns outstanding are
added to liabilities; also the $64,000
claimed by so-called preferred stock
holders; possible profit of $150,000
on the Edmonton bonds; the $150,000
in Mr. Morris' property, depreciation
in realization on improvements at
headquarters and on the lease.
Taking these known and definitely
fixed assets and adding thereto cer
tain Items which. It may be reason
ably expected, will become additional
assets, the ultimate payment figures
out as high as 96 cents on tlio dollar.
These include such Items as $71,000.
the cost of the improvements on the
Morris Bros., Inc., headquarters
building; $79,000 et.ulty in the lease
which runs for 99 years; $150,000 In
property turned in by John L. and
Mrs. Etheridge; $130,000 profit on
possible sale ot $1,600,000 city of
Edmonton gold notes; $150,000 in
properties of Fred S. Morris, if legal
rights to them are established in
the courts; $64,000 held by preferred
stockholders, should they be declared
by the courts to be not creditors, but
technically stockholders in fact, hav
ing no preferred claims.
54 Cents Is Lowest Figure.
A great deal depends upon the
amount of litigation that develops. If
many creditors institute proceedings
to establish their claims it will in
crease the expense, Mr. Whitcomb
pointed out. lie, however, was opti
mistic, suggesting that in all proba- .
bility it may be arranged so that one
creditor jould bring suit to determine
flegal point in which hundreds might
be interested and let the court decide
it for all of those affected. There
are many legal points to be estab
lished, arising from the varying
transactions of the bond house.
Some Hold Security.
There are holders of interims who
have no security and others hold In
terims and collateral security In the
form of bonds other than those which
they sought to purchase; still others
to a large number have trust pack
ages at the headquarters. Mr. Whit
comb believed that if arrangements
can be made whereby all of these
legal points may be decided on tests
brought by bona fide creditors in a
friendly way a very large sum will
be saved in litigation and will yield
just that much more to the creditors
Cost of liquidation has been greatly
, .1 t, la V.aI...v,.H tl tllA 1 1 n -
Portland and Vicinity. . . ..... ......
sh,io" susnect cauirht in si. ner in wr.icn me receiver ana nis
INDEX OF TODAY'S NEWS
The Weather.
YESTERDAY'S .Maximum temperature, 40
degrees; minimum. 33 degrees.
TODAY'S Rain; southerly winds.
Foreign.
Bandon barracks in County Cork attacked.
fage 3.
Lenlne's blood cry rocking socialism.
Page 3.
Supreme war council resumes its sessions
iu mis, rage
National.
Harding cabinet-choosing methods hurt
men mentioned, say political leader
Page 2.
Oregon messenger may bo fined for delay
in delivering state rote. Page 1.
Bill regutating meat packers passed by
senate. Page 1.
Domestic.
Seaman's certificate given lord mayor.
Page 5.
United States merchant tonnage leads the
world in 1020. Page 13.
Five per cent of students fall at Univer
sity or California. rage i.
Grace declares Schwab did not charge ex
penses to ship construction. Page 13.
Fire does 2,0uO,0OO damage in Athens, Ga.
Page 1.
raoiflc Northwest.
Seattle mayor Invites lobbying councilraen
to return home. Page u.
Legislatures.
Drastic state regulation nf motion picture
houses proposed. Page s.
Washington senate as committee of whole
scans new civil administrative code.
Page 5.
Save scenic beauties along highways, gov
ernor urges legislature in special mes
sage. Pago o.
Drys firm for seizure of automobiles and
airplanes carrying utiuor. rage .
Senators clash over port kills. Page 7.
Koo.evelt highway storm is brewing.
Paso l.
Revised primary law bill appears in Idaho
legislature. rage i.
Girls' Industrial school called fire trap.
Page 4.
' Sports.
University or Oregon after Gllmour Doble
lor football coach. Page 12.
May 2 date limit for selecting place for
Dempsey-carpentier oout, rage- iz.
Lewis in fierce match pins Caddock to mat.
rage IS.
Commercial and Marine.
Hide trade disappointed by reaction In
market- Page la.
Europe's wheat needs exceed supply avail
able In exporting countries. Page IB.
Stock market little affected by industrial
conditions. rage iu.
Reduction in intercoastal or trans-Paclfie
rates, or botn. expecien. rage is.
Pacific Marine Iron works sues shipping
board lor souu.uuv. rage is.
Page 1.
I staff have cleared up the situation
Operator of big still near Xewberg helps tc date, all f.f the properties being
to convict John Basich. Page 10.
Cut of Portland mills for 1920 largest In
history, rage 11.
Railroad officials coming for terminal dis
cussion, rage zo.
Request by public welfare bureau for loan
to am neeay uevnops met inn county
has deficit exceeding $300,000. Page 20.
Morris Brothers' creditors to get 54 to Ou
cents on me aouar, says receiver.
Page 1.
Homeseekers' rates to northwest restored
Page 1.
Welfare of Portland schools declared ob
scured, rage m. s
Lotlsso, wlfe-siayer. tells story of murder
ot English war bride. Page 1.
Billings declares police havetaade goat of
assembled in order and much of the
legal work having been accomplished
by the receiver's attorneys, Griffith.
Letter & Alien.
When Mr. Whitcomb's staff besra-n
work he made no statement as to
probabilities concerning the assets
and liabilities, because of the chaos
on every side at the headquarters of
the corporation. It has been a deli
cate and tedious task to group all of
the assets and zt them in shape for
liquidation.
Morris Hrothers. Inc.. ernshei' on
.(Concluded on rage 4, Column 1.)
February 3.
(Concluded on Page 5, Column 1.).
jiim. rage .
(.Concluded on Page 2, Column 3.)
1