Image provided by: University of Oregon Libraries; Eugene, OR
About Morning Oregonian. (Portland, Or.) 1861-1937 | View Entire Issue (Feb. 14, 1922)
K VOL. L.XI NO. lD.HMi Entwl t Portland 0V-iO J"n';'- "J Snf-r'a Matter. PORTLAND, OREGON, TUESDAY, FEBRUARY 14, 1922 PRICE FIVE CENTS "16-T0-1" BUTTLE SEEMS POSSIBLE SPANKING PROMISED OFFENDING STUDENTS $500,000 EXPECTED EX-SENATOR TURNER NO LONGER DEMOCRAT HARDING TO DECIDE OM TAX FOR BONUS W. R. MacKENZiE DIES AT ARLINGTON CLUB PNEUMONIA TAKES PROMI NENT PROFESSIONAL MAN IS SORRY IN CHEST BY TONIGHT G E IS ENDED nkw ii:cajooi;e is handed DOW.V TO CXASbtS. NEW PLAX OF CAMPAIGN IS TO LEADER NOW IN" SYMPATHY W ITH REPUBLICAN'S. BE INAUGURATED. BADS RELAND mum Monetary Issue Injected in Political Campaign. NEW SLOGAN INTRODUCED "Common Sense or Brain Clot for Body Polrtic.'L FORD ALSO IS FACTOR "Cheap Gold, the Money Mystery,' Is featured in Dearborn .In dependent, l ord's Fapcr. BT MARK SLUJVAN. CCopyright by th. N-w Tork Evening Post. Inc. i'ublihl by Arrkimatueiil.) WASHIXUTON', D. C, Feb. 1J. (Special.) On a recent day in this town there, were two signs of the times, in the morning at our homes a good many of as received through the mails a pamphlet whose vivid cover shrieked out the subject, "Com mon Sense or the Clot on the Erain of the Body Politic." by the author of "Coin's Financial School." and then, few hours later, as we moved about the streets, we found the newsboys selling a copy of Henry Ford's weekly paper, the Dearborn Independent, th cover of which besought you to read "Cheap Gold, the Money Mystery. Mr. Ford and his ideas are recent and familiar, but who now remembers the author and propaganda of the other pamphlet? To those whose memories are long enough It recalls the early Bryan days, when heaven only knows how many copies of -Coins) Financial Schort" flooded the farms, and remembers the manner in which the questlon-and-answer form, with Its catechism on money, provided the jubatance-for tho'usands of de bates in country school houses and millions of oracular declamations from the cracker barrels of crossroad stores. (.lamaiar f Romance See a. Looked at from this distance, it has the glamor of romance, the echo of vivid and stirring days. Probably nioM of us had thought that the man a lio was christened William it. Har vey, but came to be called "Coin" Harvey, had gone the way of "Sock less Jerry" Simpson. Mary Kllen Lease. Carrie Nation, the bea-hlskered I'cffer and all those others whose ob sessions contributed to the pic turesque drama of the day's news to those peaceful days in the '90s before even that bush-league war we had with Spain was eve- dreamed of. And now "Coin" Harvey tyrns up still in the flesh, living at Monte Ne, Benton county, Arkansas; and once more some crusading Instinct tells him that again the times are ripe for him. laflalloa Declared t keeked. I don't know what it portends, and a g'vod niany of the persons who know most within the field of fiscal theories. coinage and the like, laughed at the suggestion that it means anything. When we first went Into the war, and began the fiscal operations attending lt.'plenty of per sons expected that we were in for thorough-g6ing inflation all the way up to tho dixxy top. and 'that, in re action, we should have to face all the ciaos that attends such a course and the heresies that arise out of the come-back. But we didn't' let our inflation go on to the wilder heights. We began to check it in tho summer of 19:10 and everbody thought we were saved from the consequences of a monetary jamboree. Deflation Takes loarair. Who could have foretold that an adiiuiiiMratn.u in power with an elec- tion facing it iu a few months would have had the courage to begin defla tion wan ail lis pains and unpopular i: ? This and other aitpccts of the management of our pest-war finance on the part of I'rc-.dcnt Wilson and Secretaries Glass and Houston con-, stituted one of the finest examples of intellectual Integrity anil political courage in our history. It is chiefly this we shall have to thank if we got through without a serious contest with financial her- is. Most persons think we w ill oca;1, but who can be sure that what is gon: on In several of the countries of tiurope will leave us completely irrtm uue ? There is no likelihood of Its affect I' S our government or business prae t . -s. but can w e be sure it will not Infect the niinu of the dreamers, the rr.thuMasis and the lanaiics? Can we be sure we will not have a political campaign with something- like the battle of "'IS to 1" (ought over again? Leader Probably aelle.a. j There Is no dcnvlng the alluring. tejuctive quality of monetary heresies j i in ua uniuiiiiu in cirar imnklng or otherwise touched with Inexact n.. frobably the answer lies where mo.-t answers lio In the question of whether a leader shall appear. If any one ehould turn up with the pic turesque and magnetic personality tl.at Hrjan had In those early days, and with an a-nbitlon to be president of the Lmtcd States, we might well have some variation of "I to 1" all over ag-tin- ll.r.ry has a different personality from William Jennings Bryan, and vv,otutli wa 1 4 CuivllliA W caring or "Sloppy" ( lnbuckled) Galoshes Is One Offense. Spooning Also Banned. CHICAGO. Feb. 13 Mat Witkower. justice of the peace, and sage of tlvanslon, who decrees what North western university boys and co-eds may not do and what will happen to them if they do today handed down a new decalogue whose misde meanors are punishable with spank ing. The rules, designed to apply to all classes' of university students, high school pupils and Just kids, are to be enforced, in the ease of masculine offenders.' by Policeman Lxmaa and in the case of girls by Policewoman Jewell. The minimum spank sen tence Is five and the maximum 25. Here are the rules: Don't wear "sloppy" (L e., un buckled) galoshes. 1 Don't swear In public, unless 21 or over. Don't use cigarettes, unless 21 or over. Don't spoon in an automobile where the public can see. ' Don't get dormatory decorations by stealing "souvenirs." Don't take some on else's auto mobile for a Joy-ride. "Don't "fly-ride" ride on running board, radiator or tire carrier) on automobiles. Don't hook sleds on automobiles. Don't roller skate in the downtown district. Don't be a rowly in an ice cream parlor. Parents who desire will be per mitted to do their own spanking. OIL WELL SPOUTS FLAME Boring Near Whittier, Cal., Results In Spectacular Fire. WH1TTIER. Cat, Feb. 13 A pillar of flame more than 400 feet high shot into the air early today and continued as a spectacular fire when a gas well at Santa Fe Springs, near here, be came Ignited through friction. The Union Oil company, boring for an oil well at the site, struck a gas pocket at 1000 feet Saturday. The well al ternately filled with caved-ln earth, loosened by the gas pressure, and then broke out again. Each outbreak was preceded by subterranean pressures which gave warning of outbreak by heavy rum blings. Shortly after midnight one these upliftlngs of caved-ln ma terial was of such force that the fric tion ignited the gas. The roar of the fire could be heard for miles. The fire was brought under control this afternoon, the flames having been sanded out. PRINCE THROWN BY PONY Injury Narrowly Escaped While Itoval Highness Is Practicing. LONDON. Feb. 13. The Frince of Wales narrowly escaped injury at Gwailor. Central India, last Saturday, when his polo pony reared and fell backwards, said a dispatch to the London Times today from its corre spondent, who Is with the prince on his Indian tour. The prince was knocking the ball about the polo grounds, riding a pony which objected to approaching a dead ball. The pony reared and fell, but the prince was able to slip from under his mount and was only slightly shaken. That same afternoon he rode In i four races, finishing third, fourth! t and unplaced, respectively. I WIFE HELD ON CAR TRACK : Husband Accused of Attempting to Cause Woman's Death. WINDSOR, Conn., Feb. 13. Charged with having attempted to take his wife's lffe by holding her upon the trolley tracks before an approaching car. Joseph Stroff was held at the Windsor jail here today. The woman's right leg was crushed by the car land subsequently was amputated. ' kT V. nunf in ,.rjnnu rnnilltlAn The motorman of the ear saw Stroff bending over the track and attempted to stop his car. The man field his position until the car was nearly upon him. When the car slopped it was found that Stroff's wife was under the wheels. TAX EXEMPTION OPPOSED Governors of 1 5 States In Favor of Ending Rank Practice. WASHINGTON". D. C, Feb. 13. Governors of 15 states have notified Chairman McFadden of the house banking committee, he announced today, that they favor adoption ot a constitutional amendment which would prohibit further issuance of tax exemption, while six others have informed him they are opposed to sdeh a proposal. Representative McFadden solicited the views of ail governors. Seven ot those who replied, he saM. were noncommittal REDS HOLD UP COURIERS Kuian Soldiers Halt Agents of Relief Administration. NEW YORK. Feb. 13. The Ameri can relief administration was ad vised today by cable that two of its couriers had been held up by soldiers, between Moscow and Rica- and the seals ot their courier bags cut- The contents of the bags was not touched and the courier were per mitted, to proceed, the cable states. HALT EVACUATION Troops Held in Readiness for Emergency. OUTLOOK THOUGHT GRAVE 12 Are Killed, 20 Wounded in Week-End Rioting. COUP WARNING IS ISSUED Collins Notifies Americans That De Valera Vorces Are Planning Overthrow of Government. LONDON. Feb. 13. The Irish situa tion, since the raids over the Ulster border, has steadily become worse and no secret is made of the grave alarm with which It is viewed In offi cial circles in London. Winston Spencer Churchill, secretary for the colonics, declared In the house of commons this afternoon that the' shooting of the Ulster special con stables at Clones has greatly ag gravated the situation. The Evening Standard asserts that Ireland is on the brink of civil war and quotes a member of the govern ment as saying that while the gov ernment hesitates to do anything which the Sinn Feiners could In terpret as provocative, swift military preparations have already been made to prevent an armed invasion of Fermanagh and Tyrone. Troops Held Ready. . In the light, of the developments of the last few days much significance Ij attached to the- suspension today of the evacuation of British trtops from southern Irish ports. The Irish office explains that the suspension was ordered pending a decision re garding the extent of the reinforce ments to be sent to Ulster. Sir James Craig, Ulster premier, announced to night that the Ulster garrison of British troops was to be Increased from ten battalions, the 'previous number, to 14. The week-end rioting In Belfast was continued today, the death roll from Saturday being about 12 killed and 10 or more wounded. The shoot ing affrays in Belfast the. last 24 hours occurred over a widely ex tended area. Snipers Hard to Find. The gunmen have kept well under cover, and the police and soldiers patrolling in armored cars are having difficulty in locating them. Sir James Craig, the Ulster premier, telegraphed the British government tonight asking what action "other than dispatching'messages to Dublin" the government was taking or had taken to secure the return of the kid naped loyalists. 1 Michael Collins, head of the, pro I visional government In a message to tne American Association lor tne Kec- ognition or tne-insn nepuouc, cnarges I Ulillv iUUVU 1I1 la.tl Vl'lUIIIU 1.1 . . . ? r zz; 1 i : X4 x JT l : L I :: Business and Professions Are to Be Visited Instead or Dis tricts as Heretofore. The community chest fund will be well over the 1509,000 mark by tonight and the new campaign of industrial and professional,, rather than ge ographical, canvass will fill the city's big strong box of benevolence with the desired quota of $798,777. This was the optimistic statement of chest officials yesterday at the start of the third week of the cam paign. The sum of 1434,435 was at hand and enough money was in sight in assured pledges to bring the total over the $500,000 goal, according to officials. Although field" workers rested yes terday a large clerical force spent the day at headquarters in the Multnomah hotel In the task of tabulating names of subscribers and making out new lists in preparation for the coming group canvass. An important meeting of generals, colonels, captains, .lieutenants and other officials and workers will be hld at the Multnomah hotel at noon today to study the campaign situation and complete plans for the third phase of the drive. In the programme outlined for the week, field workers will continue so liciting pledges In their allotted dis tricts until all this territory is cov ered. By the end of the week lists for the professional and industrial can vass are expected to be ready. Then the new campaign will start with the completion of the full quota as the goal. Although the army of workers dwindled away steadily under the geographical system, hundreds of men and women have volunteered to solicit under the new plan, in which solici tors will seek subscriptions from those in their own lines of business. "We art optimistic and determined to win with the new method of campaign," said Dow V. Walker, adjutant, yester day. "Although the fund has not been raised as speedily as it might have been,' there is no serious cause for dis couragement. At this stage of the campaign a year ago, there was $432, 000 at hand, which is $50,000 less than the amount we have in the chest today. "We have an encouraging response to our appeal for .checks from poten tial subscribers who were missed by field solicitors. I received 45 checks of various amounts by mail this morn ing. The community , chest booths, manned by volunteers, will continue In operation this week, fbr they have Justified their installation by returns." Mrs. C. B. Simmons, general of the women's division, moved headquar ters of this branch of the chest army from the Portland hotel to the Mult nomah yesterday. , SERENADE JiNDS IN FRAY Marriage of 7 0-Year-Old Don and Girl of 1 6 Protested. VIGO' Spain, Feb. 13. Eight per sons were wounded today, two of them seriously, as a result of a pro-' test by the villagers of Bora against the marriage of 70-year-old Juan Ten orio Cortegosa to a 16-year-old girl. The villagers serenaded Cortegosa with kitchen utensils, whereupon the bridegroom with his relatives and servants atacked the protestors with sticks. To this the villagers replied with revolvers and knives. Cortegosa land a brother of the bride were se- RiTRmvn tt iv n vatfxttxf'S hay. Spokane Judge Refuses to Be Can ' didate'for Seat in Washing ton State Legislature. SPOKANE, Wash., Feb. 13. (Spe cial.) "I am not a democrat." Judge George Turner, ex-United States sena tor and for a quarter of a century a democratic leader in Washington, so announced today. The statement came in answer to the action of George Christensen, aemocratic state chair man, listing Judge Turner as a demo cratic candidate for the state legis lature. "I am not a candidate, nor a demo crat." Judee Turner said when in formed that tne conference of demo crats at Seattle on Saturday consid ered him a legislative, candidate. "I am not in sympathy with the democratic leaders in congress, ne cbntinued, "but I am in sympathy with the policies that republican leaders in congress are advocating at the present time. Therefore I cannot consider my self a democrat." For several months since the state tax investigating committee sat in Spokane Judge Turner has been her alded for a seat in Olympia- At that hearing Judge Turner, in advocating adoption of the 'sales tax, remarked that if some leading busi ness men would run for the legislature he would be willing to run also in an effort to obtain better taxation plans for Washington. 'I still feel the same way, but I am not a candidate in any sense, judge Turner said today.. Up to 1894 Judge Turner was a leader in the republican party. Then on the silver issue he led other repub lican leaders into a fusion with the silver republicans and continued with the drift that resulted in the merger with democrats. He is the only demo crat ever elected to the United States senate from Washington. PIUS BLESSES HOME FOLK Pilgrims From Milan Attend Mass and Give Ovation to Pius. ROME, Feb. 13. (By the Associated Press.) Pope Pius celebrated mass today in the consistory hall before a pilgrimage from Milan, his home city, numbering more than 1000 persons. Several members of the pontiff's fam ily were among the pilgrims.' He gave communion to several dozens of per sons. Despite the religious atmosphere, when the pope left after imparting the apostolic benediction his old ilock gave him an enthusiastic ovation, crying "Long live the pope! Long live Ratti! Long live Italy!". LOGGER, VETERAN, KILLED Shotgun Accidentally Discharged in Bunkhouse. SILVERTON.' Or.. Feb. 13. (Spe cial.) David Collins, 25 yearstold, a logger, was killed instantly this morning by the accidental discharge of a shotgun which was being cleaned by Nick Rabovich in a bunkhouse. A bullet pierced Mr. Collins' heart. The accident took place at camp 6 of the Silver l"all3 Timber company 'as the loggers were preparing to leave for several days while operations ceased due to a five-Inch snowfall. Mr. Collins served with, the Amer ican army in France. ,. -, ' , President and Secretary Mellon Confer. STATEMENT IS EXPECTED Position of Administration to Be. Made Known. TWO PLANS SUGGESTED One Contemplates Special Levies, While Other Is for Short Time Notes and Bonds. WSHINGTOM, D. C, Feb. 13. The position of the administration as to how. the funds for' the soldiers bonus should be raised may be made known to congress tomorrow. President Harding and Secretary Mellon had a conference today and were understood to have discussed the question. Two plans have been suggested by members of congress charged with the reporting of bonus legislation. One by republican members of the house ways and means committee contemplates special taxes, while un der the other, put forward hy Cnair man McCumber and Senator Smoot of Utah, ranking republican on the finance committee, short-time treas ury notes or bonds would be issued during the time that -the cash pay ments were made to the ex-service men. Tax Opposition Grows. After the White House conference today it was indicated in some ad ministration quarters that the treas ury secretary held the same views with regard to issues of notes or bonds that he expressed in his recent letter to Chairman Fordney, of the ways and means "committee. On the other hand, congressional leaders said opposition to the levying of addi tional taxes at this time was increas ing. It was understood that the tax pro gramme drawn by the house sub committee met with instant opposi tion when it was presented to ma- pjority members of the senate finance committee, sub - committees were named to thresh out the matter and after a conference with Secretary Weeks they were understood to have presented the two proposals to the president. . Sub-Committees Mark Time. V While the president was consider ing the matter the sub-committees marked time today. Senator McCum ber said he expected to get the presi dent's views tomorrow, but added that he was not advised as to how they would be communicated. The bonus question was discussed today, both in the senate and house. Senator Borah, republican, Idaho, brought up the subject in the senate, declaring that the demands for bonus, for ex-service men who were not impaired physically or mentally as result of their war service might embarrass the government in taking care of wounded and disabled. The Idaho . Senator declared that $75,000,000,000 was a conservative estimate of what it would cost the government to care for all disabled men before the government's obli gation to them would be discharged. Tax on Wines Is Urged. - He said that in his judgment it would be a matter of only ten years before congress would be appropri ating a billion and a half dollars an nually for the necessities of disabled men. ' "This is only the beginning," said Mr. Borah. "This amount must con tinue to grow very rapidly in tho next 30 years. In my opinion, it vili be a matter of only ten years before we are appropriating si,iuu,000,000 annually for the necessities of the disabled men. Day by day their num bers Increase." The present bonus demand. Senator Borah declared, should be judged on two bases one of economics and the other of fundamental principles. He said he proposed to confine his state ment today to the economic side and said that the bonus bill should be considered in connection with -the ability of the government to dis charge its obligations first to the wounded and disabled men. Civil Wap pensions Cited. In support of his estimate that care ot tne wounaea men wouia finally cost around $75,000,000,000, Senator Borah cited how civil war pension obligations had grown. 'He said also that some experts had esti mated that the care of the' disabled men would cost as high as $100,000, 000,000. ' ' "Even with the large appropria tions we are now making for the aid of the disabled soldiers, we are not doing all we ought to do for them,"! Senator Borah declared. "The government ought to be abso lutely certain that it has met and is meeting its obligations to the dis abled soldier and that it will not b6 embarrassed In meeting them in thq future before it takes upon Itself the burden proposed in the contemplated adjusted compensation bill," he con tinued. "Will an appropriation at this time of $3,500,000.000 or $5,000,000.000 for (Concluded, oa Page 6, Column 1.) Head of Accountant Firm Was S2il Degree-Mason, Knight Tem plar, Presbyterian Trustee. William R. MacKenzie, " 682 East Twenty-first street North, died of pneumonia at 9:50 o'clock last night at the Arlington club, where he had been staying during the absence California of his family. He had been ill since Thursday. Mr. MacKenzie was born in Wood stock, Ontario, Canada, and wag 68 years old. He came to Portland about 35 years ago, following the profes sion of certified public accountant which he practiced with his eon, Ar thur, under the firm name of W. R MacKenzie & Son, in the Wilcox building. He was a 32d degree Ma son, a Knight Templar, chairman -ot the board of trustees of the First Presbyterian church and had lately resigned as secretary of the River view Cemetery association. He Is survived by hig widow, a son. Arthur; a daughter, Grace, and a step daughter, Jessie MacLean. Mrs. Mac Kenzie and Jessie are in southern California and were summoned, to re turn yesterday. Grace Is in Europe. Funeral arrangements are in charge of Edward Holman & Son. DEMURRAGE CHARGE ENDS Railroads Ordered to Cease Taxing Lumber Held in Transit. WASHINGTON, D. C, Feb. 13. Charges of $10 a.day on cars of lum ber held for reconsignment beyond 48 hours, which railroads put in effect during federal control, were held rea sonable by the interstate commerce commission today, but the roads were ordered to discontinue the practice immediately and to make no penal ties applicable before March 13, 1922. The decision was given on a com plaint brought by 325 lumber associa tions located in all parts of the United States who asked that the money paid out by their members under the rule be returned, but this the commission denied them. HARDING PROBES HOUSING President Said to Be Making Study of Conditions. WASHINGTON D. C... - Febr President Harding- is making a study of acute housing- conditions as re ported from a number of cities and has before him a report . from Sec retary Hoover on the matter, it was said today iri official quarters. Officials declined to say how far the study had proceeded, but dis closed that Mr. Hoover late last week submitted a report prepared at di rection of the president. JOHN McjORMACK IS WELL Tenor, Whose Concert Tour Was Suspended, Fullly Recovered. NEW TORK, Feb. 1-3. John Mc Cormack, tenor, whose concert tour was temporarily suspended last week because of an attack of larnygitis, has fully recovered. This .announcement was made to day. EDITOR OF 'P.-l.' STRICKEN Harry Gardner Nicholas Dies Sud denly at Office. SEATTLE, Wash., Feb. 13. Harry Gardner Nicholas, managing editor of the Post-Intelligencer, was stricken suddenly in his office here tonight. He died before medical assistance could be. summoned. INDEX OF TODAY'S NEWS The Weather. YESTERDAY S 'Maximum temperature, 45 degrees; minimum, 34 degrees. TODAY'S Fair; variable winds. ' foreign. Raids In Ireland halt evacuation of British troops. Page 1. Gold, silver and gems in Russian churches to oe used to relieve laniine. age 4, National. Contract is snag to Ford's Muscle Shoals proposal. Page 3. Half of railroad claims settled by gov ernment. Page 2. "Sixteen-to-one battle" seems probable. Page 1. . "Uncle Joe" . Cannon not to run again. Page 4. Naval economists growl at Denby. Page 3. Army reduction to 100,000 to be demanded in house. Page. 3. ' Harding to decide on tax for bonus. Page 1. Domestic. Many cjews traced in Taylor case without result. Page 5. Young financial wizard sorry game was halted by receivership. Page 1. Spanking promised offending students. Page 1. Rabbi Wise condemns jazz and actress fears dance. Page 13. Desire to provoke coal strike denied. Page a. Paeifie Northwest. Judge Turner of Spokane says he is neither democrat nor candidate. Page 1. Arms treaties praised at, Seattle Lincoln day banquet. Page 7. Jackson County. Lincoln club holds annual Banquet. Page 6. Sports. Big angling tourney to be held at San Francisco Augllst 20. Page- 12. Greggains. old-time battler, to be Floyd Johnson's second. Page 12. Commercial and Marine. Oregon growers not ready to sell new wool on contract. Page 39. Wheat advances nearly 6 cents at "Winni peg. Page 19. ' Orient now big market for Pacific north west export grain. Page 18. Portland and Vleinity. Chest is expected to have $300,000 by to night. Page 1. W. R. -Mac Kenzie dies. Page J. Roy Gardner films will not be shown in Portland. Page 11. Stringency laid to lack of thrift. Page 19. Sellwoo club has row over election. Page IS. , Could Have Saved Mil lions, Youth Avers. YOUNG BROKER QUESTIONED Debts Total $4,500,000 and Less Than $1000 Available. BISCH0FF AIRS DEALINGS Chicago Man Tells of Humble Be ginning of Bnsiness That De veloped Into Millions. CHICAGO, Feb. 13. "I owe $4,300, 000 and I have less than $1000 in cash," Raymond J. Bischoff told Judge Lan dis in federal court today at the in quiry into his financial operations, which are alleged to have ruined thousands of poor investors who trusted him with their life savings. Bischoff declared that he was only 25 years of age and that he had ac cumulated liabilities estimated by a receiver' appointed Saturday as total ing approximately $5,000,000 in less than two years. He described the business he had, been conducting as "general financial business, broker age and oil," and said that he started it in the spring of 1919 with $10,000. Asked where he obtained this money. Bischoff ea!X he had earned part of it working in the stockyards and that the rest was the result of stock spec ulations. He declared that he had no previous business experience, that he lived at home at that time and the only other work ths.t he had done was in connection with obtaining members for the boy scouts. Receivership la Regrettea. Under a rapid fire of questions from Judge Land's, he said he felt he could have recouped all his losses, if. the receivership, proceedings had not halted his career. Despite Bischoffs protestations that all of the millions he had handled had been lost, a search was begun for all possible assets and Judge Landis issued restraining orders preventing Bischoffs relatives from disposing of two flat buildings, two houses, a farm, four automobiles and the con tents of several safety deposit boxes. Bischoff said his -financial opera- rtions began when the father of one of his Boy Scouts came to him to obtain a loan of $500 to help pay a mort gage. He said he did not have the money, but obtained it by investing $260 belonging to the man who want ed the loan. "This man," said Bischoff, "told some of his friends about me, and they came to me and wanted me to do this for them. One man told an other and the first thing I knew there were 100 people. They would loan me money and I would give them my personal note with 6 per cent in- . terest." Property Owned Elsewhere. c Bischoff also said he owned prop erty in Texas, Kansas, Louisiana and other states and that all of them might develop into valuable oil fields. Judge Landis ordered that the re maining testimony be taken before Sidney Eastman, referee in bank ruptcy. While Bischoff was explaining to Judge Landis what had become of the millions entrusted to him by thou sands of families in Chicago's stock yards district, several hundred per sons today stormed his office, search ing for the man whom they declared had brought them financial ruin. Extra police were called to control the crowd, which shouted threats against the young broker, and it was only when assured that Bischoff was behind jail bars that it dispersed.. "He's making us starve"; "he ruined us; let us at him," and other impre cations filled the air for nearly an hour. While Bischoff, who admitted he was short $4,500,000, insisted he had played, a lone hand in his specula tions, search was begun for his sister, who was believed to be on or en route to the Pacific coast. Liberty Bonds Disappear, .The police desire to question her I concerning $500,000 worth of liberty bonds entrusted to Bischoff by cus tomers wishing, to speculate in oil securities. No trace of the bonds has been found. Bischoffs blind stepfather, F. O. , Davis, and his cousin, E. F. Geer, were others spoken of by authorities In seeking the. bottom of the youth's tangled finances. They were ques tioned by Judge Landis today. Smiling and without visible em barrassment, Bischoff told Judge Landis the story of his financial ventures, maintaining throughout his innocence of any intentional wrong doing. "I have always loved adventure and loved to take a chance," he said in reply to questions from his re ceivers' attorney. "While employed at a local pack ing concern I dabbled in the stock market. Then, just at a time when 1 was about $10,000 to the good, a friend asked me to raise money tt pay interest on a mortgage on his home. He put in $260 and adding an ICoiMiludtsd on Page 3, Culamii l.t