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
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ii 1 ii i ii .iiiiiilLJ1' mil'1
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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
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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