The Sunday Oregonian., January 19, 1908, Page 3, Image 3

THE SUNDAY OREGOXIAN, PORTLAND, JANUARY 19, 190S.
FATAL FIGHT
VESSEL OF
NAVY
Blow on Jaw Sends Member of
Cumberland's Crew In-
. to His Last Sleep. .
WINNER IS HELD PRISONER
Master-at-Arms of Training Ship Is
Killed In Ffsst Fight by Ap
prentice Clot on Brain A
Causes His Death. ".
NEWPORT, R. I.. Jan. 18.t-Following
a flst-flaht last Tuesday on board the Uni
ted States training ship Cumberland, at
this port, II. A.. Hartnett. aged 23-years,
of Philadelphia, a naval apprentice, died
today. f. M. Manning, 20 years old, of
MiddLrtown, N. Y., also an apprentice," is
under a sentry's charge pending an in
vestigation Into Hartnett's death.
Hartnett, who had been 'appointed an
'acting master-at-arms, had trouble with
Manning. When the day's duties were
over, the boys put on gloves and began
a battle which, by agreement, was to go
ten rounds.
With a crowd of 300 apprentices and sea
men lis witnesses, the Dght was a hard
one from the outset. In the eighth round
Manning caught Hartnett on the Jaw,
sending the older boy to the deck. Hart
nett took the count of ten, and, when
his seconds went to his side, they found
him unconscious.
Tho usual tirst aid employed in such
emergencies failed to bring him to his
senses, and he was removed -to the sick
ward. There every effort was made to
revive him. but without sucoess. Today
Hartnett died without having" recovered
consciousness. Death was due- to a blood
clot on tho brain.
WEEPS, BUT CONVICTS
(Continued from First Pase.)
ly surrounded by a score of personal
friends, who pressed forward to offer
words of sympathy and encouragement.
To these he made brief replies, smiling
faintly as he shook the proffered hands.
Appealed to for an expression of opinion
as to the finding, he said:
Fight" Just Begun, Says Walsh.
"The fight has Ju.t begun.. I have noth
ing further to say."
Almost immediately he left the court
room. ' -
The verdict was the result of nearly 36
hours' deliberation. The jurors having
retired at 3 o'clock on Thursday! there
was no indication that a verdict. was near
until about 2 o'clock this morning, when
a request for pen and paper was fol
lowed by the announcement that a ver
dict had been reached. This, ' however,
was all that was positively known until
the announcement was- made in oourt.
The reading was followed by a motion
by Air. Miller for a ne w trial. Judge An
derson granted permission for the filing
of -the motion, and said that the attorney
would be permitted to make the formal
application later, and that he would listen
to arguments on the same 'oh. January -28.
I.csson of- llio Yeruk-t.i
Soon after the verdict had been an
nounced District Attorney Sims tele
graphed the 'result of-the.' trial, to the
United States' Comptroller of the Treas
ury and received the following reply
from T. P. Kane, acting- Comptroller:
"Verdict a Just one. Should serve as
ealutary warning that banking laws
cannot be violated -with impunity, no
matter-what may be 'the srze-of the
bank or the standing of a .banker" in
' the -community."
The District Attorney, estimated that
the trial had' cost the I'nited States
Government $100,000. The District At
torney's office was engaged nearly a
year In preparing the case.
The original indictment contained 1S2
counts. Demurrers were sustained as
to 82 counts, which left 150 upon which
the Jurors were required to pass. .
. Many Bnllqts Taken..
From four to ten ballots, it developed.
were, taken by the Jury on each of the
Indictments. The result of the first bal
lot was 10 for conviction, tw'o jurors hold
ing out. Influenced chiefly by sentiment.
In the end. It was finally agreed thut
Walsh should bo held guilty and the
question upon what counts he shoujd be
convicted was taken up.. The one on
which the conviition was based Involved
nine distinct series of transactions.
The misapplication of . approximately
11.000.000 was the act of which the Jury
found the defendant guilty.
Fraudulent I-oan of '918,000,000
The charge against Walsh- grew out
of the closing in 1903 of the Chicago
National Bank, of which Walsh was
. president, and its allied institutions.
the Home Savings Bank and the Eqult
able Trust Company. Walsh was ac
cused, of having loaned funds bf these
institutions, aggregating- $16,000,000.
on fictitious and 'insufficiently secured
struggling enterprises-which he him
self had founded and practically owned.
Many of the notes. It developed at
the trial, were signed without author
ity by the names of various employes
of Walsh.
The directors of the bank testified
they were not consulted by Walsh as
to the. making of the loans: that they
knew nothing of them. Twenty-six of
the -notes were described as memo
randum" notes and they formed- one.
of the chief features of the trial. They
represented more than 82. 000. 000.
Methods of cnnronlment employed in
carrying the transactions on the books
.' of the hank and alleged misrepresen
tations made in reports to the National
Bank Kxamlners kept the latter In ig
norance of tho true condition of the
bank's finances and the nature of their
securities for" several .years prior to
the closing of that institution.
The defense took the ground that all
of the Walsh enterprises were built
tip in order to save and protect original
loans by Walsh in good faith. The
allegation was also made that Walsh did
nut hold the controlling interest in the
corporations which profited ty the
loans, but that the Chicago National
Bank held it. Walsh being only a trus
tee and a conservator of the bank's
Interests. . j v,
What He Said in Defense.
Walsh was on the witness stand
for two days. He admitted near
ly all of the transactions charged
against him, but clung to the defense
that all he did was lor tne gooa oi
the bank he headed, and that all of the
loans Droved good, and that no one-
lost anything in consequence of them.
In substantiation of the latter statement
tne aeiense uuci-cu c v iuhc du
that' ri nee the closing of the banks j
taken from him by . the clearing-house
banks, amounting to $7,000,000, giving
in payment a note for the same, pay
able in five years. The collateral re
leased, Walsh was able to go ahead
with the building of his railroads.
Another fact brought out - was that
the associated banks of Chicago took a
pro rata share of the $7,000,003 loan
negotiated by Walsh for the redemp
tion -of his securities and .that these
banks today hold the stocks and bonds
"which Walsh was prosecuted for mak
ing loans upon. This circumstance was
made ' the h&sis .' of -Walsh's claim
brought out at the trial that the value ,'
of the securities had been established.
Jury of Farmers,' Says Miller.
A statement' was issued by counsel
for Walsh, In which he said: '
"lb our opinion no case was made on
the evidence presented against Mr. Walsh
and he was entitled to a verdict or, not ;
guilty. The Jury was made up oi intelli
gent. men, but they were farmers and a
together unfamiliar with transactions in-
volving business of the character brought
out in this trial. There was in tne evi
dence no clear-cut issue presented as to
the distinct transactions. The jury was
overwhelmed with a mass of unconnected
transactions extending over a dozen years
before, as well as during the period or
the transactions complained of in the in
dictment,. Under this mass of evidence, -
tha issues of the case were Dunea. we
ask suspension of public Judgment on
this case.-'- We feel, sure that the public
generally' regard Mr. Walsh as innocent
these charges Mr. W alsn, as hereto
fore, will continue to attend to his busi
ness affairs and that he will be fully vin
dicated we have bo doubt.7
Aimed at theT Acts', Not the Man.
Assistant District Attorney Fletcher
Doblns said:
"The prosecution was directed
against Mr. Walsh's illegal acts and not
toward the man. The Government had
no animus in the matter, but was sim
ply performing its. duty by enforcing
the law. do not believe there is an
error in the case and I am confident
that the verdict will stand. In my.
opinion the verdict will have a far
reaching and wholesome effect. -It will
be a lesson to men in .high positions
who use sacred trust funds for their
own personal benefit. In these days
of high finance some such substantial
warning is needed." - '
William B. Riderelev. Controller - of
the Currency, who reached Chicago to
day, said of the case: .
'At least one of this- kind of bankers
has been found guilty, a The result will
have a very oeneticiai eirect on tne entire
country and the banking practice of the
entire country.'
. "Of course, we are very sorry for Mr.
Walsh: sorry that he should be the victim
of conditions, but we cannot be moved by
such considerations as that. He was
guilty and the jury so found. I congrat
ulate the Government on the work of the
District Attorney's office."
John ' R. Walsh was born in Ireland
August 22, 1837, and in1847, at the age of
10. years, his family moved to the United
States and settled in Chicago. In 1SG5 he
entered the employ of J. McNally,- a
newsdealer. Gaining an fnsight Into the
business, in 1861 he established a news
business of his own, ' and soon consoli
dated it with the American News Com
pany, of which he became a director. He
prospered in all his undertakings, and in
1S82 he founded' the Chicago National
Bank, being the first president of that in
stitution, which office he held " until the
bank closed its doors in 1905. He also was
a director of the World's Columbian Ex
position. Besides being active in various
business enterprises during tne last dec
ade, ..Walsh had 'been interested in
the newspaper field In Chicago, his last
venture being the Chicago Chronicle,
which suspended publication In the Sum
mer of last year. ' t
SAY INDICTMENTS INVALID
Fight Trust Grafters Move That They
Be Set Aside. -
. SAN FRANCISCO, Jan. IS. When the
cases of the prlztfight promoters, accused
of bribing Supervisors to secure permits
for pugilistic contests, came up in Judge
Dunne's court today, a motion was filed
to set .aside the indictments against
James Coffroth. Eddie Graney. Willus
Britt and B. B. Schmltz, on the ground
that they were invalid. The cases were
continued1 until next Saturday. The case
of Abe Ruef, on a similar charge, alfio
went over, for one week.
In' Judge LawlOr's court the bribery
cases of ex-Supervisors Wilson and Coffey
were continued for a week.
THIRD ROBBER IS CAUGHT
Sensational Arrest in. Marysvillc
Stag Mail Robbery v .
MA.RYSVrU,E, CaL, Jan. ' 18. -Joe
Reilly, the third man who was . Impli
cated in the mail wagon robbery here In
which "Driver Harwood was a party 'him
self, was arrested at midnight in Sacra
mento and is now. In Jail. The police are
now after Tony Everett, who is sup
posed to have gone, to Sacramento.
Everett, after the robbery, took the
money from Reilly for safekeeping and
Really was compelled to follow him until
he was -arrested- Harwood's confession
has created a great sensation here. He is
20 years old and is the son of the con
tractor for the mail route.
SIXTY FUNERALS . HELD
Boyertown Continues Work of Bury
ing the Dead. ...
BOYERTOWN. Pa.. Jan. 18. This was
another day of funerals resultant from
last Monday night's theater fire, in which
173 persons lost their lives. Sixty funerals
took place, and so great was., the demand
for undertakers and heanscs that addi
tional assistance and vehicles had to be
impressed into service from neighboring
places.
There will be no regular church services
tomorrow. The entire day will be given
over to the funerals and the work of get
ting together the broken congregations.
CHLOROFORM, ..THEN ROB
Two Teggmen Make Successful Haul
at Silver Beach.
BBLUSGHAM. Jan. IS. First chloro
forming L. A. Finley. who was asleep In
a room upstairs, two yeggmen last night
dynamited the safe in the J. C. Calder
general merchandise store at Silver
Beach, a suburb, and escaped with $253
In cash and checks.
- -Makes Swimming- Record.
NEW YORK, Jan. 1.-i-C.' M. Daniels, of
the New York Athletic Club, added an
other to his long list of swimming vic
tories tonight by winning the 100-yard
Metropolitan SAmateur Athletic Union
championship. He covered the distance
in 6S 3-5 seconds. " -i
EXTENSION TABLE
$35 6-foot Extension Ta
ble in quarter-sawed gold-'
en oak, re- ( 1 0 7
i- duced to..; X7lvi
mmm
MISSION ROCKER
$14.00 Rocker, mission de-.
sign, weathered finish,
loose chase leather seat,
tldr?f;::.::.v.$7.50
DAVENPORTS AND COUCHES
$29.50 Folding Davenport, in. golden or lfl Q Cfi
weathered oak, uphplst'd in vel.our, red. to.-. . . . P 1 1.VJiJ
$44.00 Folding . Davenports, golden oak Q!. 7
fram.e, 'upholstered in velour, reduced to PiX. I
$38 Folding Davenport in velour, gold-.. d0 1 ' Ofi
en oak frame, reduced to P OJ
$12.00 oak frame Couch, upholstered in 7 fi
pretty velour, reduced to. ... . .'... ..... v. . . V 0
$10.50 fringed Crouch, upholstered in ve-. tC QC
lour, reduced to ........'.........:..,.. .pO.IJ
$60 Folding Davenport in "Verona ve- 6QQ TTC
lour, golden oak frame, reduced to...-. pOZf, I J
$850 Couch, upholstered in Russia, dam- QC
ask, reduced to ...H-0'
E. G. STE
Poet
and Banker Passes
Away
at His Home.
CHIEFLY KNOWN AS CRITIC
Victorian and .American Anthologies
Regarded ' as Authoritative in- '
terestlng Career as Journalist,:
Poet and Man of Affairs. -
. NEW YORK. Jan. 18. Edmund blar-
ence Stedman. th banker and poet, died
suddenly at his home In this city tonight
Mr. Stedman. who was 75 years oia.
wis born at Hartford. Conn., October 8,
1833, and while a student at Tale earned
distinction In English and Greek com
position. . After a brief editorial experi
ence in Norwich and Winsted. Conn.. Mr..
Stedman took up his residence in New
York City, where he was connected with
several of the daily papers and with Put
nam's and Harper's Magazines. It Was
while doing newspaper work that he first
gained distinction as a. poet.
During the first two years of the Civil
War he served as Washington correspond
ent of the ' New York World. Returning
to New York In 1864. Mr. Stedman be
came a member of the Stock Exchange,
retaining his seat until 1900. Although
active in business life all these years." he
continued to produce literary work "of a
high order, publishing several volumes of
poems. Of late years Mr. Stedman had
given his attention more to. iiterary criti
cism. He is chiefly known for his col
lection of verse, the Victorian Aathology
appearing in 1900, and the American' An
thology- in 1905. The success of the
American copyright law passed "by Con
gress was due mainly to his efforts. -
Mr. Stedman died from a sudden at
: tack of lieart trouble. He was passing
DIN DEAD
DRESSERS
. $90.00 Dresser in quarter-sawed
gold'n oak, swell front CAE flA .
and ends, reduced to. "P iJVU ' '
$54.00 Cheval Dresser," in oak .
or mahogany, reduced - .
'.$39.00 Dresser in- genuine nia- '
.hogany, reduced $27 50 '
$57.50 Dresser in Circassian
walnut, reduced . $39 75
BUFFETS
$120.00 Buffet in quarter-sawed . .
g o Ld e n oakr glass Cft nA
knobs, reduced to. :, . P UU.UU
$87.50 quarter-sawed golden'oat
Buffet, full 6wellfr6r,t,tA2 H1L
reduced to.... J.f J.I J
$80.00 Buffet with canopy top, '
quarter-sawed golden tAll AH
oak, reduced to. . . . . . u'uu '
$48:00 weathered oak Buffet, '
. leaded-glass front, re- $74 00
duced to. v . . . ....... P
Investigation
and
Comparison
. Invited
Before
Purchasing
Elsewhere
into his study when the attack came, and
he fell to the floor unconscious. Despite
the efforts of the physiGians, the poet
.died two hours later without regaining
consciousness. -.He had' suffered for sev
eral years with cardiac affectkra.--Miss
Laura Stedman said tonight that
the funeral would not take place until
Tuesday, the arrangements not having
Deen completed, one detail of the fu
neral, however, that had been decided on
is the result of the expressed wish of the
poet. . When his wife was buried, his
poem. "Tha Undiscovered dountry," was
sung,, and It was his desire to have the
three verses sung "at his own funeral.-
TURN DOWN- UNION. BILL
Nevada Legislature Believes in More
Power to Governor.
CARSON. Nev., Jan. 18. Practically all
the working force of the Nevada Legis
lature spent the day out of this city. The'
only working body that was left was the
assembly committee having the Goldfield
matter In hand. District Attorney Swal
low, of Esmeralda County, was before
the committee and presented a . bill that
has been approved by the Miners' Union,
of Goldfield. - -
The bill, provides for the appointment
of a state warden and sufficient deputies
to police any district where trouble may
arise.- -It, also states that the warden
shall be under the direction, of the Sher
iff and the County Commissioners of the
county asking for aid. : The committee
has practically turned 'the proposition
down and' a bill giving the Governor Xull
power over the warden will probably be
the measure .adopted for introduction
when the committee comes to framing
the bill. - '.-.., -,
Farmers Sow Welcome Hunters.
NEW YORK. Jan. 18. Instead,, of
threatening to snoot or to prosecute
members of the hunting clubs 'who,
with horses and hounds chase the fox
from time to time on Long Island, the
farmers, there have turned to welcom
ing the sportsmen with open arms.
Trespass on their property Is in fact
Invited by the Long Island agricultur
ists, who for months pas. have suffered
serious raids by foxes, which appear to
have Increased -amazingly .in number
recently.. The farmers are now be
seeching the hunters to turn the
hounds loose in hope of having some of
the marauding members of the tribe of
Reynard rounded up.
TTT TV XT 7T T TP3 TTT
JANUARY RED TAG
The success of this sale has been spontaneous,
almost phenomenal. For bargainsn Portland has
never seen anything to compare with it. We now
start on the third week, and it is to he the greatest,
of the sale from a bargain standpoint. We have
again gone through ?the lots, replenishing them
from higher-priced lines, 'determined that the
many people who come tomorrow will find just as
tempting values as "were offered during the first
days of the sale. - :, ... -. ; ' - 7;
3 -.
OFFICE DESKS
$120.00 . Roll Top Desk in first . quality $70 -A f
quarter-sawed oak, reduced to ; .'P 0XV
$77.50 Flat Top Desk to match above,
reduced to. . '. .
$110.00 Roll Top Desk, iri genuine mahog-
any, reduced j to.'. .
$86.50 5-foot; Roll Top Desk in quarter
sawed golden oak, reduced to . .
$46.50
$68,00
$52.70
$59.00 54-inch Roll Top Desk in golden or
weathered oak, reduced to. .............. ,
$49D0 ,50-iuoh qmtrter-sawed golden oak,
Roll Top Desk, reduced to. . :
' $39M ;50-inch Roll Top Desk in golden-or :
weathered, oak, redueed to'.:. . ; . . . . .
;j $30.00 54-inch Roll Top' De'sk in golden
' oak, reduced to.
$35.75
$30.25
$24.50
$21.25
We Are
Closing Out
Our Office
Furniture
at
. Actual
Cost -
LIBRARY TABLES
$47.50 Library Table, in mahogany, one
$31.70
drawer and shell below; reduced to...;.,
$40.00 Library Table in golden quarter
sawed oak, reduced to. . J . ... , . . . .
$75.00 quarter-sawed golden oak Library
Table, two drawers, reduced to
$24.00 Library Table in -quartered ak,
early English finish, reduced to.,.-......
$24.00 Library ' Table in mission design;
weathered oak, reduced' to .
$29.75
$49.50
$16.85
$15.75
13.50 quarter-sawed golden oak Library Ta
ble, reduced to. .....".'....
$10.00 golden oak Library Table, one drawer
and one shelf, reduced to. .... '. ; .
BUYS BACK HDTE4
Mrs. Oelrichs Makes Big Real
Estate Deal in Bay City.
TO SECURE STEADY INCOME
Trades Back to Law Brothers Prop
'. erty Obtained" In Exchange for '
Fairmonnt Hotel Sacrifices
-' Source of Wealth.
-.BAN . FRANCISCO. Jan.. 18. (Spe
cial.) An explanation was given to
day of Mrs. Theresa Oelrichs visit to
this city, when it -became known that
she had again acquired the Falrmount
Hotel, by trading back . the. property
she bad received for it from the Law
Bros.7- with other valuable' considera
tion besides.
To Dr. Hartlahd Law and - Herbert
Law she has deeded back the Rialte
and the Crossley buildings, together
with ten blocks of filled-in land at the
-foot of Fillmore street, - and has re
ceived in return the magnificent hos
telry on Nob Hill. She takes over her
former property subject to the 10-year
lease held by the Palace Hotel Com
pany, which pays $10,000 a month ren
tal.' The SI, 000. 000 mortgage on the'
Falrmount Hotel has been provided for
in -the transaction, and Mrs. Oelrichs
assumes this obligation In the trade.
The facts of the deal became known
today and gave the answer to the
query about Mrs. Oelrichs' presence in
the city at this time.
She" Wants Ready Money.
The exchange of the Falrmount with
the Law brothers for the Rialto and
Crossley buildings was made shortly
before the fire, which Wrecked both
these structures. They were not. how
SALE
CHINA CABINETS
$36.00 China Cabinet in quartered
golden oak, bent-glass ends and
h.?""'?...'. $18.00
$40.00 China Cabinet," mission de
sign, weathered oak,, re- CO ft ft ft,
duced to ....:...:9CMMv
$59.00. China Cabinet' and Buffet
combined, weathered C9Q
oak, reduced to......... Pu7U
$57 China Cabinet in golden , oak,
2-mirror back' and one C7Q fl
glass shelf, reduced to. .Pw7eJU
CHAIRS AND ROCKERS
(.50 Corner Chair in rat-
n, finished green, red. to. ,
tan,
$14.00 mission Arm Chair, uphol
stered in chase leather; C7 AO
reduced to P
$30.00 Hall Seat, upholstered
and back in Spanish
leather; reduced to.
$15 Rocker or Arm Chair in quarter-sawed
golden oak, re- C7 HO
duced to. . . - -. .P Jw
$5.00 Reception Chair, in golden or
weathered oak, reduced j
$8.25
$5.75
PARLOR SUITS
$40 o-piece Parlor Suit, upholstered in green
velour,-mahogany finished frame; red. -to.' . . . .
$85.00 3-piece parlor Suit,' upholstered in
panue plush ; reduced to. T
$25.00 . 3-piece Parlor Suit, mahogany finish,
upholstered in velour; reduced to..
$50 2-pieee mahogany-finished Parlor Suit,
redueed to ; - ?
$85.00 genuine, mahogany Davenport, uphok
s'tered in panne plush; reduced to...
ever, razed to the ground, and are now
in course of reconstruction.
Mrs. Oelrichs made the deal in order
to be assured of a steady income -to
allow her to carry forward her social
pfans in New York. Her property In
and about San Francisco is worth up
to J5.00O.000. . but it. is pot income
producing. It co-nsists of a couple of
wrecked skyscrapers, acres of tide and
waterfront lands, and unimproved
blocks in the cities about the bay. Mrs
Oe'lriohs did not have the ready money
to put it all in- shape at once, so she
made the trade." which will give her a
steady income of $10,000 a month. The
Law -Brothers are well provided with
ready cash, and will rehabilitate the
wrecked, buildings.
.: ' Give's Away a Bonanza.
In including the 10 blocks of fllled-ln
JO.nu, icai ---j - --- --' -
Oelrichs " made a grave mistake. This
land is located on tne norm water
front and is growing rapidly In value.
In a few years it is. predicted that it
will be worth Sl.000,000 a block.
Mrs. Oelrichs has always .been im
petuous in her trades and has general
ly sacrificed heavily In each transac
tion to gain ready cash. This is one bf
the biggest real estate deals ever made
on the Coast. " ,
LEARN THE FACTS FIRST
Hughes Tells Insurance Agents His
Reform . Methods. .
NEW YORK, Jan. 18 Governor Hughes
today ' addressed a convention ' of more
than 1000 agents of the Metropolitan Life
Insurance company, who gathered .here
from ail parts of the United states. ie
said:
"We had an investigation, but it was
in the interest of life insurance and not
against it. Jji the tirst place we wanted
to know tke facts. I have no symnathy
with any agitation which, endeavors to
go off with reckless attempts to change
conditions" without patiently trj-ing to un
derstand the facts and to deal. according
to the facts."
' May. Settle Jamestown Claims.
NORFOLK, Va., Jan. 18. United
States District Judge WaddiU today al
lowed' a decree by which the 2 states
of the Union and others having build
ings upon sites at the Jamestown Ex
position held to be subject to general
MUSIC CABINET
$11.00 Music .Cabinet in
golden oak or mahogany
finish reduced J
C4 7
P ' f
seat
$15.00
MISSION ARM
CHAIR
$14.00 mission-Arm Chair
-with chase leather seat ;
' reduced
to..........
$7.00
. $19.75,
$42.50
$13.75
$25.00
$61.00
lien claims against the property of the
exposition, will nave 90 days from, the
date upon which the court determines
the validity of the Hons in whijeh to
take up thpir original contracts and,
six months thereafter in which to re
move, their buildings. If they so iesire.
0pen All the lime"
ABSOLUTE
SAFETY
OFFERED
DEPOSITORS
No interest paid on
commercial accounts or
daily, balances.
- INTEREST
Paid on Term' Savings
Accounts .
By the old gold tried
. . and tested
German-American
Bank
Corner Sixth aad AMer Sta,
Opposite Orese-aiam.
4.96
107.o