THE SUNDAY OREGOXIAX. PORTLAND, APRIL 14, 1907. DAUGHTERS LOSE BY SPECULATION Funds of D. A. R. Invested in Harriman Bonds, Which Have Declined. RESULT IS SERIOUS DEBT 3fotirnfiil Meeting at Which Treas urer Bewails Folly" ofv f inance Committee President Denies That She Is Responsible. "WASHINGTON", April 13. (Special.) Such are the deplorable tendencies of the times that even the Daughters of the American Revolution have wan dered away from the pathway of the fathers and indulged . in frenzied finance. The "sacred money" of the organization has ben used to invest in railroad stocks and for speculative ' purposes. Worst of all', the ladies jumped in on the b,ull side of the mar : ket and the society has lost several thousand dollars by it. The facts were aired at a caucus of the D. A. K. at the Everett House. Mrs. M. E3. S. Davis, treasurer-general, made . her report and said the society was in debt for the first time in its history. : She told how the finance- committee I advised the purchase of railroad se i curitles paying 4 per cent interest. As I matter of fact, said Miss Davis, the I interest has been 2 per cent less after 'the brokerage was paid. Speculation Brings Debt. It appears that the money of the .wociety. lnded some of it's trust funds, W Invested In B. & O., U. P., Chicagp . Northwestern and C. & A. bonds. This was before the Harriman disclos ures. Mrs. Davis mournfully declared the Society had burgled and would not get I any return on its investment for 23 (years. The finance committee went ; Into the speculation, it seems, in the ("hope of making money for Continental Hall, but instead is having as much 'trouble as George Washington did 'with Continental money, and there is laiow a debt of $:!000. Treasurer Opposed Action. Mrs. Davis said all should brand as 'false anv report that any one in the 'society was paid a bonus or premium on the purchase of the bonds. At the routine time she thought it was an out rage that such a financial scheme should have been sprung on her, the treasurer-general, who was responsi ble for the D. A. R. finances. She told !how se had struggled against the ki- vestment of the funds in railroad securities,- but had been overruled. Those who were seized with the fever Ho speculate were the president, Mrs. 'Donald McLean, and 'the finance com mittee. Mrs. McLean says Mrs. Davis' statement? are false. INDEPENDENT OF GAMBLER (Continued from First Page.) well an another. Probably It depends largely upon conditions which arise crops, politics, finances, but more Than anything else, sentiment. This may result from existing conditions ks they are seen, or it may be manu factured. "If capital becomes frightened by prophecies of disaster or gloomy fore bodings on the part of financiers it may be withdrawn from circulation, tempo rarily at least, and this would affect business adversely and perhaps bring about business stagnation. "1 have great hopes for the future. The necessities of the people of this country are not diminishing. They are increasing, and the ability, to pay for them is improving. "To the extent that the purchasing rubllc delays in providing for its wants, to a corresponding degree their ' necessities are accumulating. It is only a question of time when they muse buy. Those who delay will get behind in the procession, which can Hot be stopped, for the growth of this country is too rapid., Few Contract Cancelled. "Has the Steel Corporation received ny cancellations of orders for rails r structural steel, and if so, what reasons are advanced for such re , trenchment?" "The contracts of our companies are ; all firm." Judge Gary answered. "There ' Is no right of cancellation. In two or three Instances, not very material as to . amount, there have been requests for ' postponements, and. as we needed the ca pacity, consent was promptly given. In , almost every Instance, however, we have , been pressed for delleries. The demand ' was never so great before. The speciftca- tions for immediate deliveries are the largest in the history of the corporation. J Our deliveries are very much behind." 1 The next question was: "Do you look for curtailment of the steel output of the country within the next year suffi cient to compel reduction of the number of men employed in the steel industry, reduction of their wages or a decrease of the price of steel?" "There may be some curtailment." re plied Judge Gary, "depending upon cir cumstances, if any of the railroads are not able to finance new enterprises be cause the rapidly increasing volume of business has been greater than the in crease of available money, or for any othcr reason, there will naturally be 3ome curtailment In their purchases, and this I win extend to other lines. ; "Rut If they keep their properties In good condition and fulfill their obligations : to the public they must buv liberally all ; the time. "It is doubtful, at least. If in this coun try any of the railroads will be permitted to get into the condition some of them were In during the early "90s. for in stance. The country is too rich for this. It is growing too fast. Too much wealth Is produced and the population is in creasing too rapidly. Does Not Agree. With Belmont. The interview then turned directly to Mr. Belmont's declaration that to strike a halt "Is not wholly undesirable." The question Judge Gary" answered was framed thus: "Do you believe It is desirable that we should strike a halt in the pace of our industrial development?" "For reasons Just stated, relating to financial conditions," the steel trust chairman replied. "It probably would be beneficial, and. perhaps, is necessary, to have a diminution In the volume of busi ness. In fact, demands 'for money must be and will be adjusted to meet the vol urrm of available capital. "This should not result in a panic. So far the panic seems to be in the minds of a few. It is to be hoped this wttl not spread into a conflagration." Surprisingly frank in his admission that corporate interests have let "the public be damned," and in line with this declaration that the railroads owe a duty to the public not to let their Improve ments lag. was Judge Gary's reply to the final proposition advanced by the interview. "What is likely to be the effect of the present agitation and the investigations of corporation management?" "I know there are two opinions." Judge Gary wrote after a moment's thought, "but I believe thoroughly that great good will result. "No doubt all of us have been more or less careless in the observance of our duties to the public and to our neigh bors." (And the head of the steel trust wrote "public" with a capital "P.") "Our thoughts have been directed to this fact. We will be more careful and more con siderate. "There will be a great improvement in business methods. Business will be done on a higher plane. "While I believe this, I also believe many men have been misjudged and harshly criticised. They have remained silent -and permitted the public to be lieve untruths. There are generally two sides to all questions." LOTTERY MEN ARE BAGGED WEALTHY 'MEN OF SOUTH AR RESTED BY SURPRISE. Federal Grand Jury Indicts Them and Capture Is Swift Five Worth $100,000,000. MOBILE. Ala., April 13. The United States grand ju-y here today issued 24 indictments for alleged conspiracy in violating the anti-lottery law. The fol lowing have been arrested and given bond! Albert Baldwin, Sr., president of the New Orleans National Bank; Chapman Hyams, capitalist; Frank T. Howard, re ceiver of New Orleans waterworks; Da vid Hennenmorris, Albert Hennenmorris. Edward L. Pennac, Lewis C. Graham and Paul Conrad, of New Orleans; Francis X. Frtzpatrick. Boston; James L. Shaw, Washington. D. C; William P. Johnston, formerly of Cincinnati, now of New Or leans; O. W. Bredow and James Kea, of New Orleans; General William L. Cabell, Dallas, Tex.; E. J. Demarest, V. F. Dem arest and John M. Demarest. of New Orleans; Robert K. Thompson, Mobile; William Henderson and Harris W. Hen derson, formerly of Brooklyn, but now of New Orleans. Five of the indicted men are estimated to be worth $100,000,000. A conference was held in the office of United States District Attorney Ambreclrt Friday night. lasting until 1 o'clock this morning, after which a number of the secret service men left for various parts of the country to watch those who were to be arrested. Three hours after the indictments were issued the men were under arrest. Francis X". Fitzpatrick.: of Boston, pleaded guilty today and sentence will be passed May 27. Two Plead Not Guilty. NEW. ORLEANS, La., April 13. Albert Baldwin. Sr, and Chapman Hyams ap peared before United States Commission er Chiappella today, pleaded not guilty, waived examination and were released on $1000 bonds to appear before the court at Mobile. Mr. Baldwin, speaking for himself and Mr. Hyams, said; "We do not own a share of stock in the lottery company and know nothing about this matter." Thinks Ankeny's Chances Slim. ABERDEEN, Wash., April ,13. (Spe cial.) Concerning the recent publica tion of the anti-Ankeny meeting at Walla Walla, a pronounced Ankeny man, of this city, and one who worked tooth and nail for the election of the Senator, says that, whether a meeting was held in Walla Walla or not, and although he is still a' warm friend and supporter of Mr. Ankeny. it would be the height of folly for any of Mr. Ankeny's friends to believe that for a moment the Walla Walla man would stand any chance against Congressman Jones in the primaries. Pswego Wants to Be a City. OREGON CITY, Or.. April 32. (Special.) Members of "the county court went to Oswego today to look over the territory that it is proposed to incorporate under the legislative act of 1893. It is probable that the court will order. an election of the legal voters of Oswego at its May term. The movement for incorporation Is antagonized by the Oregon Iron & Steel Company and other interests. Snow Falls at Nashville. NASIfVILLB. Tenn., April 13. Snow fell here today, with the thermometer at the freezing point. Advices rrom Southern Kentucky and Alabama indicate that the early fruit has been killed by the snow and cold. q Opera Plays to $83,000. CHICAGO. April 13. The Metropolitan Opera Company closed a week's engage ment here tonight. Two matinees and six night performances were given. The re ceipts amounted to $83,000. Free from Alcohol Since May, 1906, Ayer's Sarsaparilla has been entirely free from alcohol. If you are in poor health, weak, pale, nervous, ask your doctor about taking this non- alcoholic tonic and alterative. Ayers Sarsaparilla NON-ALCOHOLIC If he has a better medicine, take his. Get the best, always. This is our advice. . N The new kind contains no alcohol We have no secrets to hide! We pub lish the formulas of all our medicines. J. C. AVER CO., Manufacturing Chemiati, Lowell, Mass. - YIELDS TO AMERICA Vatican Makes Concessions . on Two Points. SECRET ORDERS ARE ONE Ruthenian Catholics May Us Orl . ental Liturgy and Hare Married Priests Fraternal Membership All-Owed With Restrictions. ROME. April 13. The Vatican has re fused to send heretofore to the various religious communities in the United States speaking a language other than English, bishops of their own nationality, but. when it comes to a question of the Oriental rites, it is Inclined to consider the matter from a different standpoint. For instance, the case of the United Ruthenian Catholics of America who. while acknowledging the headship of the Pope, retain the old Greek Slavonic litur gy and allow their secular clergy to marry. Thus the congregation of the propaganda has taken under advisement the appointment of a Ruthenian bishop for America. Will Not Hinder Americanism. The 'Austrian Embassy has urged this step for many years, as most of the Ruthenians In the United States emigrate from Austria-Hungary. The Vatican feared, however, that the nomination of a foreign bishop may be considered by the American Government as a hindrance to the rapid and complete Americanization of the many foreigners flocking every year to the United States. The Vatican is coming to recognize in the United States an increasing Catholic element, 'which continually voices a demand for the recognition of Catholic membership in the various societies that are not strictly Catho lic. Even organizations that are Cath olic are not exempt from this demand, for some such are accused of accept ing as members laymen of every sect. Membership in Secret Orders. According to telegrams received by the Vatican, the matter was considered by the American archbishops recently In conference at Washington. The mes sages declare further that Mgr. Fal cono, the apostolic delegate to the United States, has decided that Catho lics belonging to the organization in question who have been paying insur ance premiums for years may continue these payments in order not to lose their insurance, but that they shall not take part in parades or be buried according to the rites of the fraternal societies to which they belong. It is understood here that archbishops, in stead of answering the queries received from Rome" on this matter, referred them to Mgr. Falcono. , ,, LAST VESTIGE WAR REMOVED Japan Transfers Manchurian Rail road to Goto's Company. TOKIO, April 13. When the manage ment of the Manchurian railways was transferred to Baron Goto's company on April L the Japanese government com menced withdrawing the remnant of the troops employed in Manchuria. This work was completed on April 8, where upon the imperial government at Pekln warmly thanked Japan, which.- it is ex pected, will reduce its railway guard to less than one-half the number of men stipulated by the treaty negotiated at Portsmouth, N. H., which limited the number of guards to five men per kilo meter. In an interview. Baron Goto said; "The last vestige of war in this"- sec tion has now been removed. Fair play is my guiding principle. In promoting the peaceful development of Manchuria through which our railway runs, na tional differences will be entirely ignored. Manchuria will be made a field for com petition of all nations. In order that we may carry out this principle. I crave pa tience on the part of those interested. Remember that the management of the road was only transferred to us on the first of the present month. The allow ance of sufficient time will insure the realization of our plans, and we dread nothing more than impatient interfer ence." NOBLE THIEF SENT TO PRISON Lord Neville Sentenced for Robbing London Pawnbroker. LONDON. April 13. At the Clerkenwell sessions today Lord William Neville was found guilty of the charge of robbing a pawnbroker and was sentenced to a year's imprisonment. BRITISH LAUNCH IXVIXCIBLE One or Three Largest Cruisers In "World With Turbine Engines. NEWCASTLE. Eng., April 13. The Brit ish armored cruiser Invincible was laoinehed this afternoon. She is one of the -trio of largest cruisers in the world. She is 530 feet long, has turbine engines and is expected to attain a speed of 25 knots an hour. The armament of each of these three cruisers includes eight 13-inch guns. TWO RULERS ARE CONTRASTED Kaiser Most Despotic, Edward Most Democratic of Monarchs. PARIS, April 13. (Special.) The Petit Parislen, in an editorial interestingly shows the contrast between King Edward and the Kaiser in the following words: "Between William IPs idea of his role and that of King Edward there is a whole world. William II is still imbued with the Ideas of former times. He does not consider himself the governor and repre sentative of his country and people, but the absolute master, a sort of intermedi ator between God and Germany. "Edward VII has a much more demo cratic idea of his role and it is for this reason that, though he is alwavs working for the advancement of his country, he never tries to. place himself at the head of affairs. "Both methods have their partisans but the latter one Is the more suitable to the present age. With but few exceptions, this evolution in the manner and customs Lmf.n'.Chs ha become Pretty general and, if King Edward is the most marked representative of it. he is by no means the only one. R"T?e K!ng: of Ita,y- Belgium, Spain and Sweden live in quite a different style from that of their predecessors, as does also the aged Emperor of Austria. They auow themselves more liberty and live much more simply. af'tS'wm,11' en,ouh- h chief of state after William n of whom the world talks the most and whose doings are always heralded is the chief of a republic-President Boosevelt of the United States, while we French, who love to talk of equallty have a veritable passion for pompous ceremonies and displays." Japan Extends Protective System. t.JnK,0A!?A' AprU 13-The Proclama tion of the Japanese Government extend ing the guild system and giving compa- funds at low rates of interest is regarded by Europeans as certain to strengthen the Nationalistic competition against Amerl f"1 .1 European trade and as confirm ing the protective subsidizing policy The number of guilds has increased in six years from 30 to 700. Minister of Agricul ture Matusoke is urging the further de velopment of the guild system. SAY HILL SOLD THE LETTER Newspaper Men and Harriman Testify Against Stenographer. NEW YORK, April 13. E. H. Harri man appeared in the Tombs Police Court as a witness against Frank W. Hill, his former stenographer, who is charged with having sold for publica tion the famous Stdney Webster letter, written by Mr. Harriman. The publica tion of this letter led to an exchange of statements between President Roose velt and Mr. Harriman Samuel B. Ranck. a newspaper man and Walter L. Rathbone, a lawyer pre Cfd'!2 M- H"-iman upon the witness stand. ' They testified that inn called at the newspaper office and offered the letter for sale; that he read the letter from his stenographic notes in their presence, and then swore under oath as to" the authenticity of the transcript. Mr. Harriman identified the Sidnev Webster letter and it was placed in evidence. The letter as published in the newspapers, he said, was substan tially correct. "Did you ever authorize the publi cation of this letter?" he was asked "No." "Did you ever give permission to let this letter go out of your office" "No." Mr. Harriman said that Hill had been discharged from his employ some months before the publication of the letter. Mr Harriman said he had not communicated the contents of the letter outside his of fice except to Mr. Webster. Mr. Harriman was not permitted to answer questions as to whether fie had read the letter to ex-Governor Odell, J. H. Hyde. Senator Depew and others Alexander Millar, of the Union Pacific-, identified the letter, which was said to have been copied from Hill's notes for publication, as having been written by Hill. This completed the case ot the prosecution, and the trial was adjourned until April 19. San Franciisco Produce. SAN FRANCISCO, April 13. Califor nia family extras. $4.855.20; bakers' extras, $4.60 4.80; Oregon and Wash ington, $3.75 5.40. Potatoes Oregon seed Burbanks tl.50l.o; Eastern, $1.701.90: . gar net Chile, $1.50; river whites, $1.852 Onions Yellow, $3.50 4. Select Pure Food Inspectors. w iR,vr.Tnv ,.. ,, ' I ' . . : " v-iyu oer- l vice Commission has completed its exami- notion Of nn onnta fnw 1. ,.ft , . , ' "- Millie fe;--.-.': it nromTUiniitll Oldsmobile Roadability was again, tri umphant last week in a race which be came an endurance run from Los Angeles to San Francisco. Ralph R. Owen, who drove the Oldsmobile Mud Lark from New Tork to Florida last Winter, defeated a Pope-Hartford car on the hardest trip ever undertaken In an automobile. Both cars were stock touring cars, no special equipment being permitted. The race was the result of an old rivalry between E. P. Brinegar. Oldsmobile agent at San Fran cisco, and H. D. Ryus of the Pope-Hartford agency, Los Angeles. Each party to the agreement put up $3000, winner to take all. During the Winter season the "Valley Route" roads become almost im- -passable, and because of the terrible road conditions the race was postponed from time to time, until March 28, when the' Pope-Hartford left Los Angeles at 5 A. M.. the Oldsmobile starting half an hour later. The first telegram was from Owen 'at Bakersfleld, and announced that the Oldsmobile passed the Pope about 50 miles out. He reported very bad roads, and ia some places grades which regis tered as high as 26 H per cent. After leaving Saugus, there began a succession of ford crossings. One river was forded more than 100 times In a dozen miles, the water being from one to 18 inches deep .jiiiwiiihliliiiiiilliliiiiw feiMiilaiiiiiiiii HSs 1 WIIK THfe Store that -. 4) You Are Entitled to Credit. Powers has made it possible for the small salaried man to own his own furniture. You do not notice the outlay, for the terms are made to fit your salary. Come in and look at the Three - Room Outfit. Powers' Great Three-Room Outfit Offer $10 Down $2.50 Per Week rj List of What This Outfit Comprises . BEDROOM OT, iron bed; $2.25. woven wire spring; $3.60. mattress; $12. drea-er; $2.50, center table; $1.75. rocker, and J9, all-wool 9x9 rug. DINING-ROOM $16.50, sideboard; $8.50, 6-foot extension table; four oak cane-seat dining chairs, $1.25 each, and one $9, 9x9 all-wool rug; $4.75, 50-plece dinner set. containing six cups, six saucers, six seven-Inch plates, six soup plates, six fruit dishes, six butter dishes, one bread plate, one covered vegetable dish, one gravy boat, one pickle dish, six pie plates and four vege table dishes. KITCHEN $11, cook stove; $2, kitchen table, and $1, chair. spector under the pure food laws. Out or so appneants lor chief food ami drug inspectors, so chemists passed. There we're 389 applicants for food and drug , - inspector, out tne examination for this mm I'.'lli ! I mm ii 1 ii i ii .iiiiiilLJ1' mil'1 ii f Oldsmobile Readability and the banks almost perpendicular. A desolate road, a mere shelf on the side of the mountain, led to the summit 5500 feet above sea level. Then came the Mojave desert with its adobe soil, which when wet is almost impassable. Nine borax wagons abandoned in the mire were passed on - this stretch. The usual dry bed of the San Francisquito canyon was a torrent, which the Oldsmobile had to rush at top speed. At a place a little be yond Elisabeth Lake, the Oldsmobile was stuck In the water In places six feet deep. The crew swam and waded, sank an iron anchor, and with block and tackle pulled their car . through, the engine being wrapped with blankets. The terrible strain did not affect the car in the least, however, and Owen came into Bakersfleld at 40 miles an hour. Following is a tele gram received by the Olds Motor Works . from Mr. Brinegar: "Arrived In Oakland 3:60 A. M., being f 4 hours 50 minutes on the road. Car has more than proven its worth over the worst roads I have ever traveled. Car Is in splendid condition and could be driven back at once without the slightest re- , pairs. 'Received our reward Jn the sub stantial form of a check for $630J from the stakeholders." Remember that the car that made this position proved to be so rigid that on the first Inspection of the papers only IS were found to have met the requirements. A review of the papers, however, was ordered, and the opinion Is expressed that v. J mm iii!f Sflipill i i in i it m slm mm m m mi 3 ,11 ; u1 .1 mm i 11 iiu n 1 u 1 in 1 ii wajh ira esipsi . Wins $6000.00 Race remarkable run was an Oldsmobile tour ing car. Model A. taken from stock. You JoeaI AKrita. Portland, Or. Phone for Demonstration likSimiiiiMi'l1! Ill1'' III!! !!l f i( i ;i ."in t liiiililitiiiiiiiiiiiiiiiiiSS No Payments At Powers If Sick or Out of Work about 75 eligible, will be reported ulti-v mately. . ' Steel needles were first made in Eng-i land in 1n4u. Km. can see Its twin at any Oldsmobile agency. ' This is of vital interest to you. True, you may never have to climb mountains r- or ford rivers, but you will always be glad to have the strength, the style, the gs speed, the mobility the power, the re- eess serve force that make up Oldsmobile v Readability, that make anv condition pos- gns:- Rlble to this wonderful car. With an Bil-S Oldsmobile you can go anywhere, do any- lp thing that any other car of similar rating E;'-'" can do, no matter what the price, and g."'-: y-ou can depend upon the performance of sETI' 2l the Oldsmobile under everv condition ab- B' - solntely. That is the car' you want for s?:'Jgi a good car for bad roads is the best car gJ?Vi for good roads. Efcf The Glidden tour followed by the r09- Bi mile non-stop run, the 1400-mile New f York-Florida run, the subsequent mile and hundred-mile records, and the Twin EZlz: Peaks climb in California find a fitting ' p - climax in the latest achievement of the r a winning Oldsmobile the Los Angeles-San 'E Francisco run. You can't buy the same quality of Roadability In any other car gp perfect performance with a flourish of s style. I;2 . Immediate Delivery r - ' Sample Can at All Asenclea -J J- The Olds Motor Works, Lansing, Mich, jjffifl Member A. L..A. M. H. L. Keats Auto Co. 'flm i ittnni.-ninitumifl!" .;n;n' ph., " " , i . ii . kill ii! iiti.. : .limim..,...! ' ,tllHI