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About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Nov. 10, 1907)
10 N THIS SUNDAY OREGONIAX, PORTLAND, NOVEMBER 10, 1907. FIVDRS POSTAL SAVINGS BANKS Lents Grange Goes on Record as Advocating Plan of the Postmaster-General. ASKS STEEL TO RESIGN Says State Treasurer Has Violated Ti&xr Morally and Liegally In dorses Editorial in Oregonlan Regarding Savings Banks. Lents Grange. Patrons of Husbandry, A. F. Miller, master, yesterday after noon, after extended discussion of the financial situation, adopted resolutions favoring establishment of postal sav ings banks for all banking purposes; Indorsing The Oregonlan for its atti tude toward savings banks; demanding that State Treasurer Steel shall re sign, and commending the Portland Clearing-House Association for its ef forts to protect depositors and main tain financial stability In this state and in the Pacific Northwest. Extended re marks were made by Mrs. Clara H. Waldo, state lecturer; Judge Seneca Smith, of Portland; A. F. Miller and Lecturer A. F. Hershner. The resolu tion Introduced and finally adopted and used for the text for the addresses are as follows: TVhereaB. Postmaster-General Meyer U ad vocating . the establishment of postal savings banks in this country and has expressed hU belief that Congress .will favor them at Its next session, for the following reasons: They will provide a sate depositary for amall sav ings such as come from working men. from widows and others; that they would be ab solutely safe and beyond the reach of un scrupulous men who make fortunes by ex ploiting the savings of the poor; that they would remove the opportunity of dissipating the earnings of the working men and working women and promote the saving habit; and hereas. As the present savings banks, of the country are conducted without responsi bility to the depositors, and that through them millions of savings have been lost by the wrecking of these so-called savings banks; that money earned by the laborer.' the washer women and the pittance" of the widow and ,rphan is lost; that generally .the. savings banks are without restraint or control; there fore be It Resolved, That this Grange.' Patrons of Husbandry. Indorse the movement for the es tablishment of postal savings banks for all banking purposes, believing that such institu tion would be the means of putting the. sav ings now being hoarded into circulation, and that such institution would do much to es tablish and maintain ' financial stability and prevent panics; that money that It' not now placed In private banks would readily flow Into the postal savings banks, backed with the whole financial strength of the United States, mnklng them absolutely safe, and not at all subjected to the fluctuations of- stocks and bonds; that such a system of postal sav ings banks, such as are In use In nearlr ail rlvillzed countries, would promote and stim ulate habits of thrift among all classes; be It further . . . Resolved. That we indorse the editorial of The Oregonlan of November 8, in support of the movement for a postal savings bank sys tem for this country: and be it further . Resolved. That as it has been shown that the State Treasurer has Imperiled the money of the taxpayers of this state by favoring ene bank, the Title Guarantee A Trust Company, with nearly $100,000. far In excess of legal limitations, a bank that has closed its doors, thus violating the law governing such de posits morally and legally, that it Is the sense of this Grange that the State Treasurer should at once resign and permit the appoint ment of a more competent man. Be' It "fur ther .Resolved, That we commend the action of the Portland Clearlng-House Association In Its tfforts to protect the depositors and maintain the financial stability of the stats and North west. Mrs. Waldo spoke strongly for postal savings banks and declared the Grange had always been In favor of them, as It has for parcels post. She declared that the establishment of postal savings banks had been opposed and defeated in the past by those who want to gam ble and speculate on the earnings of others, and that such a system could only be adopted through the cumula tive power of public opinion. This sentiment, she said, the order of Pat rons of Husbandry is endeavoring to promote. It was a question that would come up at the National Grange which meets next Wednesday, and at the State Grange, "which meets next May. Judge Seneca Smith declared him self in favor of postal savings banks that will finally take the place of all the present hanking system. "The Postmaster-General," said Judge Smith, "is careful in his recommenda tion to eliminate anything that would offend the bankers. He proposes to es tablish postal savings banks that will take deposits only up to $100. It is my Judgment that such a system would not relieve the situation In the least. It will leave the present banking sys tem to stand. We should have no re lief. We 6hould continue to have pan ics. I am convlnoed that we shall never have stable financial conditions In this country until the Government estab lishes banks and takes over the en tire banking system, doing away with the present banking system, which is wrong in principle. What' we need Is for the Government to establish banks which will take both large and small mounts." Judge Smith spoke at length along this line. He also explained the meth ods of the clearing-house and what the asset currency is that has been Issued. There was considerable discussion of the resolution concerning the resigna tion of the State Treasurer, but it was adopted with the others, unanimously. The editorial which appeared yester day morning In The Oregonlan on pos tal savings banks was read in full. FROWNS ON GREENBACKS Jank9 Now Have Securities to Pay All Indebtedness. SALEM. Or., Nov. 9. (To the Editor.) Is the "greenback" craze to be again Introduced into the body politic of this country? It might be so Inferred from the expressions of some of The Oregonlan correspondents. In last Tuesday's Ore gonlan, Donald Allison gives it as his opinion that the only sure safeguard against such financial stringencies as is pow abroad In the land, is to have "the United States Government start printing presses to run out 'greenbacks' and lend to anyone putting up a good security. A low rate of Interest would pay all the ex pense connected (therewith)." This would, according to his view, "put an end to the tying up of business and the em barrassment of business men, either through design of the wicked rich or folly of tho panic-stricken mass." Did it ever occur to Mr. Allison that If To Even Up Our Medium Priced Lines We have reduced the price on many of our highest grade fabrics. . YouH find a liberal assortment of $50 and $45 styles, on the $40 tables and $42 and $40 styles o nthe $35 tables. Satisfaction guaranteed in all cases. . Garments to order in a day If required. Full Dress and Tuxedo Suits a specialty. WILLIAM JERREMS SONS. 108 Third Street such a system of issuing currency Tiad been in vogue, all of the available securi ties in the country would have been in the possession of the Government and the "tfreenbackd" wthieh had been issued thereon would have found their 'way into the possession 1 the very men who now control the currency of the country, while the' masses would be no better off for ready money than they are today? The business interests of the country would be as dependant upon the banks as they are today and depositors would be In much thet same fix as now. This condition Is not because of the want of a better currency, but because of the specu lative custom of the people, from the uYiy-laborer to the steel-magnate and stock-broker. There are securities enough now in the banks to insure the payments of all indebtedness, if depositors will exercise a little patience, and there will be no necessity for starting the printing presses on the "greenback" job. The Mints seem to be doing very well JuBt at present in putting out a product that Is tangible. D. WEBSTER. INVENTS NEW TARGET Sidney A. M. Rose, of Australia, Will Offer Invention to Government. Sidney A. M. Rose, an electrical en gineer, of Melbourne, Australia, who is at the Oregon Hotel, intends to leave in a few days for Washington, T. C. There he intends to Interest the War Department with reference to adopting his invention of an automatic electrical target. A number of automatic electrical targets for use at rifle ranges have been invented, but so far have not advanced to the stage of practical use. These' electrical targets are cut up into sections, and each section is con nected with a miniature target at the firing point by means of a wire. There fore, whenever a section of the target is struck by a bullet that section is in dicated on the miniature. But the ser ious drawback to the electrical targets so far brought under public notice has been the number of wires required to work them. Say 'a target is split up into 50 sections, and there are five firT ing mounds representing different ranges, at least 250 lengths of wire would be required. . The surface of the ground, consequently, would present the appearance of a mass of .wire en tanglements, while the cost of the thousands of yards of copper wire, added to the cost of the instruments, would absolutely prevent the adoption of this system of marking. Mr. Rose believes that he has over come these difficulties, that by means of one single wire and a resetting wire, which automatically restores to its proper position the section of the target struck by the bullet, the scorers standing at the firing mound can record all the shots, while the marksman can fire away. as rapidly as he wishes. The point of difference between Mr. Rose's invention and that of. other in ventors of electrical targets is that two wires are said to . perform .the same service as a couple of hundred. Behind the target is a transmitter box into which all the wires connected with the different sections at the target pass. From this box only one wire, connects with the indicator at the firing mound, and the mechanical contrivance is so Ingenious that, as the bullet strikes the target, the spot hit 1b Instantly shown by the dropping of a shutter on the miniature. The scorer readjusts the 'shutter, and the resetting wire auto matically puts the displaced section of the target In position again. Although the resetting process Is almost instan taneous, it is stated that if the marks man should fire two shots practically at the same time, and hit the same sec tion before it had had time to readjust itself, the tinkling of a bell would in dicate that result The Indicator may be carried from one firing mound to another, and the wire may be tapped at each range. Mr. Rose states that Its mechanism is no more intricate than that of a watoh. TIME IS NOT YET RIPE Waterfront Owners Object to Ex tension of Fire Limits. To protest against the proposed plan to extend the fire limits to the water front, S. B. Cobb, I, A. Lewis. . Attor ney S. C. Spencer, representing the O. R. & N., and others, on Friday appeared be fore a committee on health and police of the City Council. They based their ob jections on the ground that to extend the fire limits to the river at the present time would make it necessary for them, and all other parties concerned, to erect steel, concrete, or other fireproof wharves and warehouses, and that this would be fully 20 years ahead of the business requirements of the city, since the value of river front property now would not Justify such a plan. The commute, having met . Informally on a legal holiday, took no definite ac tion. The matter will be taken up again after the holidays are over: ALTERATIONS FREE., Commencing tomorrow morning and continuing throughout the sale, no charge will, be made for alterations on suits or coats or for hemming table linens and napkins. Take advantage. McAllen & McDonnell, the store noted for best goods at lowest prices. EXHIBIT OF SCENIC PHOTOS. Klier's new store. 248 Alder street i " i You Are Welcome to Credit V A iliil!ilHMlhiliU(i Price List A few lines that tell yon more of bargain values than yon will find in a whole page of the advertising of onr competitors. Woven wire springs $1.45 Fnll-size Iron Beds, enamel finish at ....$1.80 Solid oak Arm Rocker with cob- ler leather seats $1.95 Yum Yum Springs $1.95 Household Treasure Tables, made of good, clean spruce with four draw ers and two bread boards. .$2.75 Large comfortable Rattan Rock ers $3.25 frIff Small folding sewing tables, 19 Inches wide, 36 inches long, with yard measure stamped on the top., we are still selling at Sl.OO mm fm liHi &tt Sale of Portieres An opportunity of ex ceptional values ' -which should be investigated. No. 179 $6 Portieres, red striped, special price $4:45 No: 4236 Portieres, regular $6.25, green effects .'.t..;. $4.70 No. 34120 Portieres, $5.50 style, v red and (tan ..$3.90 No. 2866 Portieres, $5 regular, two tone greens . . . . . $3.30 No. 422 32 Portieres, $3.50 values, two-tone reds and greens, at special $2.25 A few odd half pairs at very low-prices. Sale TALK OF HIGHER BRIDGES PROPOSAIj to raise new mat ison 1c0 feet. " Fourteen-Year-Old Project to Throw Structure Across ' at ' Albina Revived on East Side. Into the question of general Improve ments in Portland there has been Injected the proposition to erect two bridges across the Willamette river high enough to per mit the passage of steamers, and another proposition is that they should be built high enough to permit ships to pass under. One of these bridges is to take the place of the Madison street bridge. The other is proposed to be built in Albina from about Albina avenue to Seventh street on the West Side. For the bridge to replace the Madison, ex-City Kngineer W. B. Chase expresses the opinion that a briuge 120 feet above the river could be built where the present one stands, mak ing the West Side approach 1600 feet long, the East Side approach 1700 and the bridge itself 1400. The cost would be about $2,000,000. Another proposition is . to move the location of the bridge far en ough south so that the approaches could land on the higher ground. This would make the East Side approach at about East Mill street. However, it is certain that a change of location of the Madispn bridge would bring on a fight that would be long and bitter. It is contended that Hawthorne avenue Is the natural East Side- landing for. a new bridge. There is -nothing' definite about the Albina bridge project. The North East Side Improvement Association has taken up the' question with vigor, and that or ganization must be recaoned with in fu ture, as must the territory north of Hol laday avenue. ' When the bill to provide for a bridge at Albina was before the leg islature, more than fourteen years ago, in- charge of A. B. Manley, it was de feated through the efforts of a strong del egation of Portland men the ground that another bridge at Albina would ob Esy iiiKiSil Mil I 4 i l "I 1 Vl liil i: hWnWi .once , " Mmm pifi i 1 1 h .1. II Hisi Ilk Isli! jimlliUiiiiiiii ! m InE lnmoiii Al mm iiillii imiiilll IMli! -UL iiSMIail IlilL : - l a oQQD uFkam . to mmwm ) 5 ;ii'.i;'-l,iii""-' --SWUM.. iw jwHi'wii"i Mii.'iiuuinii'i. ..i5'..iiiili UAM D l t '11 U; Ih fl, U ill lit"" """""1. I ill - if m- - UJ i I ill We are short of cash must pay our notes to the bank, and will sell the whole or any part" of our stock' for Clearing-House Certificates, or any kind of money. If you have a bank account, or the money, it will pay you to see us. No reasonable offer refused for merchandise. Hi "Stay SAtlsfactoryT!Ang The best range, and the only kind fit to have in your house, is a malleable: iron range, it is the latest' and most highly devel oped form of range. Anything else is a BACK NUMBER and NOT "Just as good," as some dealers will tell you. Cast iron and steel ranges warp and crack. Malleable iron ranges never warp and crack. - Cast iron ranges open at the seams and lose their heat. Malleable iron ranges never open at the seams. They re tain every unit of heat. The price of Monarch Ranges is controlled by the factory, and we are unable to make any reduction on them. 3 ' t7. w srsssi mm r . i r mmmu i n n t Sale of Office Desks . .Do you know that we are closing out all our office desks regardless of price? This department does not pay us, and we are in need of the room for other goods. Here, are a few prices: No. 15 Ash Desk, 30x48 inches, drawers on one side. Flat top. Regular price $16.00, for. . $11.35 No. 0343 Solid Oak Polished Desk, 30x48 inches, two sets of drawers. Regular price J25.00, for... 817. 50 No. 0343 Polished Oak Flat-Top Desk, top 30x55 inches, two sets of drawers, one large center drawer. Regular price $30.00, for.. $19. 75 ROLL-TOP DESKS. Gr. 2 Solid Oak Roll-Tilj Desks, 30x30 Inches, one tier of drawers. Regular price $25.00. for.. $18.75 No. 98-Roll-top, solid oak, 30x36 inches, one tier, of drawers, with large- center- drawer. Regular price $27.50, for $21.00 No. 138 Oak Roll-Top Desk, 30x38 Inches. Regular price $27.50 for. . .......... . . $19.90 of Dressing Tables struct navigation. Then the voting popu lation north of Holladay avenue was small. It is said that the population now Is greater than south of Holladay avenue on the East Side. What the outcome of the bridge agitation will be Is yet to be de veloped. ALWAYS A READY WITNESS Caldwell, Wlio Testified, fop Drue, ' Known In America. ' NEW YORK, Nov. 9. The' cable dis patches stating that Robert Caldwell was a witness in the suit of the Druces to re cover the estates now held by the Duke of Portland, under the claim that George Hollamby Druce is directly descended from the eccentric fifth Duke', of Port land, created no surprise here. The na ture of his testimony was expected from the fact that a few months ago he vis ited the newspaper offices here and en deavored to sell what he alleged - was the solution of the theft of the body of A. T. Stewart and another containing what he told on the witness stand in London yesterday. Caldwell when in America lived In a modest little cottage overlooking New Tork Bay, at St. George, Staten Island. He is past 70 years, but Is still very well preserved, and with Bnow white hair flowing white mustache and clear, sharp blue eyes, has a distinct military -appearance. - Nobody knew what the old man's busi ness was, not even his landlord, who tried to draw him out, but did not suc ceed in learning much about him. Be cause of his efforts to sell the affidavits referred to here, he was termed in cer tain quarters "The Great American Af fidavit Maker." . Five Firemen Injured.' ROCHESTER, N. Y., Nov. 9. Five fire men were seriously hurt today in a col lision between their hose wagon and a trolley car while they were responding to an alarm., John : O'Brien, -the driver, died 'shortly afterwards, and George Peartree, hoseman, may not recover. He has a dozen scalp wounds, several broken J' -r 0f Go-Carts Reduced - mm&L if mirror 11x18, .' . gy ! Iff : French bevel re- No. 20 Plain Go-Carts. A,M'm V:5;eV ' ' . duced from 110 00 . regular $3.75. now. $2. 25 Of L Jv'fJa . ' " "No. 62 Plain Carts, rubber . . j K. No 25 B- E- Ma- tires,-- regular 4.75. Ht3fSL ' pie Table, top 18x now. SJt Kn Vitj?Ct1$irb - lWP3S5SSSr 31; mirror" 18x20, , - 9.OV jMf$4.- liiiX32I reduced from $15.00 No. ' T02 Reclining Uo- Ik hViiU T to $11.85 -r Cart, perforated wood ,,iWutiif 'II ... ... - seat and back, reed sides, tfcjgSijSf I p0.. !S top 6-00 ' If 31, mirror 18x40,. No. 648 Recllner, com- fiiif!- II shape bevel, re-' plete in every way, In- T57YTTffiYsf . duced from $16.50 eluding parasol, $9.60 val- Y7 7 V7 Z. " . to $12.90 ue for $6.85 VJsfcVU- j w J ' !! I i i u til i a. fl 11 ifl c g Tnwtfnir -i.'mwiJ' 'rWfHfuwm--1 'Biwronpronr 'Vinrrrwr" - m 'r f winnr IbmiM vmimm' 'niimir -tmonrnir5 wwimww life ill l.v.-Js.V Jflf 'tHl I J Ef:l'S I 114. '-. I.-?'"' . ffTfV III" - WV V ' $1.60 Axminsters for $1.08 For this sale we s have picked out six patterns of this elegant soft carpet, which we will sew and lay at the above price. These carpets nearly all have borders and can be made up into beautiful rugs if desired. New Secretaries So. 96 Golden Oak Wide Writ ing Desk, with book shelves below, 32 Inches wide, 63 Inches high, now . . . $22.00 No. . 666 Golden Oak Secre tary, 86 Inches wide, .72 inches high, roomy cabinet under desk, plain glass door bookcase with movable shelves .$20.00 No. 0153i Golden Oak Secre tary, 33 Inches wide, 69 Inches high, French bevel mir ror $22.00 ribs and it is feared one of the broken ribs punctured his lung. Collision at Fort Wayne. FORT WAYNE, Ind., Nov. 9. An east bound Buffalo passenger train on the Wabash Railroad collided with a freight train, near the entrance to the Fort Wayne yards today, wrecking both en gineB and a number of freight cars. flev- The Best of Mortgages on Improved Portland City Property Portland Trust Company of Oregon S. L Cor. Third and Oak Sts. mpwmwrniniiiwu.iup V. I- A ivy w Of all the Malleable Ranges the MONARCH is unquestionably the BEST. Other malleable ranges are good ranges, but the MONARCH is (admittedly superior to them all. It consumes less fuel than any other. It burns more evenly than any other. "It bakes more reliably than any other. - It has more special and exclusive features than any other. That these things are so is proven by the fact that the MONARCH MALLHABLE RANGES were award ed the FIRST PRIZE GOLD MEDAL at the LEWIS AND CLARK FAIR. . We sell Monarch Ranges from S57 to $135. Payments 11.00 per week. -3 "''fr lit r -irEiHi-'" f---- A ITrr - Kingston Reclining" Chairs These chairs are good for invalids or can be used as barber chairs or dental chairs. The manufacturer sent us four samples, instructing us to close them out at his expense. No. 42 Golden oak, usually sells for 115.00, now $9.85 No. 16 Upholstered In imitation leather, usually sells for $20.00, nowv $14.85 No. 364 In Imitation leather, usual price $27.50, now $20.00 eral trainmen and a score or more of I jured. The freight train was preparing to passengers were severely shaken up and I enter an inside track when the collision bruised, but nobody was seriously In- occurred. cEtl: D. C. Burns Company SEC Tor All For All Purchases 211) Third Street Purchases GROCERIES V SATURDAY MONDAY TUESDAY SPECIAL One gallon Log Cabin Maple ." .Ql25 One-half gallon Log Cabin Maple 65 One quart Log Cabin Maple 35 One pint Log Cabin Maple .20 One box No. 1 Macaroni 45 Durkee Salad Dressing ..10, .25 and .45 New Walnuts, fancy two pounds .45 New. Almonds, fancy . t two pounds .45 One-pound can Ghiradelli Chocolate 35 One-pound Baker Eagle Chocolate .25 One tin Baker Cocoa .' 25 Two one-pound packages Grecian Currants 25 Two pounds fancy Sultana Raisins 25 Leghorn Candied Qitron per pound .25 Leghorn Candied Lemon Peel per pound .25 Leghorn Candied Orange Peel per pound .25 Two one-pound packages Seeded Raisins .25 Thrfift 12-onnre nackarea Seeded Raisins Three packages Jello for , 25 Two packages Bromongelon for , .15 Three cans Standard Tomatoes for .25 Two cans A. & L. Solid Pack Tomatoes for .25 Two cans Fancy Corn 25- Two one-pound cans A. & L. Oysters ; 25 One two-pound can A. & L. Oysters .25 Heinz Catsup ... ",. .20 New Imported Smyrna Figs one pound .25 D. C. BURNS COMPANY 210 Third Street, between Taylor and Salmon. Main 616 A 1626 WW Liberal Discounts for Cash MisUttiftlkiiUMiii Price List A few lines that tell you more of bargain values than you will find In a whole page of the advertising of onr competitors: Fir Dressers, finished in golden oak color with French bevel mirror, at $8.00 Hard wood Chiffoniers with bevel French mirror and swell top drawer in white maple $11.50 Princess Dressers with bevel French mirror, white maple $11. T5 Hard wood Sideboards, regular $20 kind, made of golden ash, $14.50 Brussels Rugs, 9x12, reg. $20 styles, at $15.90 Oil Heaters Perfection OH Heaters are the most esttlafaotorr yet invented for the us ot kero sene. Medium else ..... S3.BO Perf eotlon Oil Heaters. Una sis barrier and fount made of bras $4.90 Heating Stoves Our . Clover Heaters are like - the cloture shown, excepting they have a, bottom draft Instead of top draft. No. 18 Clover ' Heater, with nickel, foot rails, oast .iron top. sheet iron lined, extra large moveable ton lid $6.25 'i Mo. 3S Clover Heater, similar in style, but have the side rails. A large. j- roomy stove $6. 40 A great number of other styles to select from. i t Ideal Oak Heaters . Burn wood or coal. No. 211 10H In. diameter. 32 in. high $6.75 No. 213124 in. diameter. 34 in. high $8.00 No. 215 14 ' in, diameter, .37 In. hlgh.....$10.00 : you Will Come Again LO