The Sunday Oregonian., January 19, 1908, Page 7, Image 7

TIIE SUNDAY OREGON'IAN", PORTLAND, JANUARY 19, 1908.
FLOOD OF MONEY
FILLS THE
New York Statement Shows It
Pours Again From the
Interior.
RESERVE SHOWS SURPLUS
Gain in Cash During Fast Week Ex
ceeds Recent Records Immense
Increase of Deposits Cfearing
House Money Is Recalled.
NEW YORK, Jan. 18. A tremendous
flow of cash from the banks through
out the country to the New York City
bunks was indicated today by the bank
statement, which showed an increase
of 26,185.800 in the amount of cash
held by the New York clearing-house
institutions. This increase in cash is
not thought to be a record one, but it
is believed to approach within a few
millions of the largest increase ever
recorded in a single week in this city.
Financiers declared that it showed
clearly that the interior banks were
entirely reassured by the showing last
week, when, for the first time since
October, a surplus of reserve was es
tablished instead of the deficit which
had long existed. In Consequence the
Interior banks were .sending their sur
plus cash to New York.
Statement In Detail.
The statement follows:
Loans, J 1,126,677,700; increase, J9,
628.100. Deposits, 11.090.188.500; Increase,
J3X.537,0.
Circulation, $70,910,400; decrease, $1,
384.900. Tcgal tenders, $66,155,400; Increase,
$3,891,100.
Specie, 1229,027.200; increase, 122,
294.700. Reserve, $295,182,600; increase, $26,-
185.800.
Reserved required, $272,547,125; in
crease. $9,634,375.
Surplus, $22,635,475; Increase, $16,
651.425. Kx-U. S. deposits, $40,642,250.
Increase, $16,265,025.
The Financier Tomorrow will say:
Recent Records Surpassed.
"The official statement of the New
York associated banks last week was
even more remarkable, so far as re
garded the Increase in cash,, than was
that in the previous week. The gain in
reserve was nearly equal to that de
noted in the week of January 11, while
the surplus reserve shown of $22,635,
476, was greater than any which has
been recorded at least in two years,
the maximum in 1907 being $19,441,226
April 6. and In 1906. $19,391,000 July 21.
The augmentation in cash during the
fortnight has been $44,500,000, reflect
ing the volume of the return flow of
money from the interior, which began
to be important immediately after the
opening of the year.
"It would seem from the exhibit that
the question with borrowers Is nd
lunger that of monetary supplies and
low rates; the question which coif
fronts lenders Is how to employ re
muneratively the vast accumulations
of loanable funds. The cash gain dur
ing the week was $26,185,800, or more
than one-third greater than that in
the previous wek; this increase was
three times larger than that indicated
by the most liberal estimates, which
would seem to show that almost every
source of supply was brought under
contribution to augment the cash hold
ings of the banks at this center.
Great Increase in Deposits.
"Deposits were increased by the al
most unprecedented sum of $38,537,500,
the result of the gain in cash and of
expansion In loans. The required ita
serve against general deposits In
creased $9,634,375, deducting which
from the gain in cash left $36,
651.425 with the augmentation In re
serve to $22,635,476 surplus. Computed
upon the basis of deposits, less the
$72,027,500 public funds, whclh were
reduced $1,145,000 through recalls by
Ihe Treasury during the week, the-surplus
is $40,642,250.
"Loans were expanded $9,528J100, the
first Important Increase in this item
Fliown by the statements since the
crisis.
"It would seem thm with this ple
thorio condition of the banks and the
prospect that there will be a further
Augmentation In the reserves in the
immediate future, there should be a
rapid retirement of . clearing-house
Inn n ' certificates. The maximum issue
of such certificates duripg the crisis
was $97,000,000 at the end of Pec-em
ber, though, as officially stated, the
amount actually utilized was $74,000,
000. The aggregate has ben largely
reduced In recent weeks, and their en
tire extinction will probably soon be
effected
"When the fact Is considered that
the banks have, since November 23
when there w n deflclencv nf S54-.
0i0.000. resred their surplus to more
than $22,500,000, effecting a change of
upward of $76,000,000. the result must
be regarded as wonderful"."
JUS1NESS NOT INTERRUPTED
Thought That Sovereign Rank Af
fair Will Be Adjusted Well.
TORONTO. Jan. 18. Tho Sovereign
Rank opened Us doors today to only
normal business. There was no run.
President Jarvis stated today thafthere
will bo undoubtedly surplus assets
for distribution to shareholders when
liquidation is completed.
President Jarvis. explaining the
causes that led to the liquidation today,
said:
"OtheflQfchartered banks have been
able to demand commercial and other
loans; but the Sovereign, beginning
business In the boom time, was not
able to pick its customers as well as
tho older Institutions. Some bonds of
the United States corporations have be
come almost worthless, owing to de
fault of interest on the shrinkage of
values through the recent remarkable
financial stringency in the United
States."
IMspatches from different parts of
the provinces show that the bank's
liquidation created no excitement.
W hen the customers of the head of
fice in Toronto and 76 branches
throughout Canada, called at the Sov
ereign Bank of Canada today, -they
found other banks in possession, as
a result of the transference of all busi
ness of the Vovereign Bank to the Bank
ers Association of Canada, consequent
uihui the decision of the Sovereign Bank
to go Inlo liquidation. There will be no
Interruption to tho bank so far as the
Sovereign Bank's customers and deposit
ors are concerned. The branches of the
bank havu been assigned to different
banks, each of which will take charge -of
the acvounts in the particular branch in
which it is eimaged. Serious difficulties
may arise in the case of borrowers from
BANKS
the Sovereign Bank. The present condi
tion of the financial market may render -it
extremely difficult for some firms to place
their loans, and rumor is busy .with the
names of several that may be forced to
assign.
From early last evening until early this
morning meetings were held in all the
banks to discuss the situation created by
the liquidation. The officials of the "banks
interested in the financing of the various
branches of the Sovereign Bank were en
gaged in making arrangements to obviate
any panic which might follow today's an
nouncement. The heaviest shareholder is the Dresden
Bank of Berlin, Germany, $700,000. .
MONTREAL, Jan. 18. It Is announced
in connection with the liquidation of -the
Sovereign Bank that the Montreal up
town branch and its business has been
taken over by the Bank of Toronto, and
that the main office In Montreal has been
taken over by the Bank of British North
America. The depositors will be paid in
full.
Time to Reorganize Knickerbocker.
NEW YORK, Jan. 18. The temporary
receivership of the Knickerbocker
Trust Company was extended another
two weeks by the Supreme Court today.
Counsel for depositors and stock
holders asked further time in which to
secure depositors' assents to the plan
for resumption.' Assents representing
85 per cenff of the depositors have been
received.
Large Shoe Factory Fails.
CAMBRIDGE, Mass.; Jan. IS. James
Donovan, shoe manufacturer of Everett,
lias made an assignment. The assets
are placed at $300,000 and liabilities at
$180,000.
The factories of the company have an
average annual output of between
2,000,000 and 3.000.000 pairs of shoes.
PICKS FLAWS IN THE BILL
SENATOR BORAH DISLIKES THE
AL-DRICH LAW.
Says Railroad Bonds Should Not Be
Used as Security and Declares
Issue Is Too Small.
OREGONIAN NEWS BUREAU. Wash
ington. Jan. 18. Senator Borah stated to
day that he was not favorable to the
Aldrich financial bill unless it is radically
tSmended. He said:
"In the first place, 1 do not think rail
road bonds should be used as securities.
They are peculiarly subject to jugglery
by Wall street and their value is too un
certain.. If we are going into this kind of
business, securities should be such as
have behind them the integrity of the
solid interests of the country. When Mr.
Ryan and a Federal Judge can sit down
in a private car and financially wreck a
railroad I do not think we want railroad
bonds as the basis of our currency.
"Second the amount of the Issue is too
small. Wall-street banks would consume
it. in a day, and our past experience
shows they' would first be taken care of.
With this limited issue Western banks
would never realize- any benefit from the
law. I would prefer to see a bill more
safely guard security and leave the
amount to the Judgment . of the Con
troller." Oregon Pensions Granted.
OREGONIAN NEWS BUREAU, Wash
ington, Jan. 18. The following Orego
nians have been added to the pension
rolls: William C. Endicott, Joseph;
Smith Fox. Portland; Joseph Suwalskc,
Portland; Charles T. Hubbard, Seaside;
tiilbert II. Rowe, Louts: Ielos K. Hall,
Portland: George W. Baker, Warren;
Samuel It. Biggs. Lostine; Kdgar J.
Snow. Arleta; Ell M. Richards. La
Grande; Joseph G. Woodmansee, Port
land. IRISH PARTY IS REUNITED
O'Brien and Healy Welcome Oliyc
Branch From Redmond.
DUBLIN, Jan. IS. The .olive branch
lield out at the meeting of the Irish Par
liamentary party, which indorsed the Na
tional directory of the United Irish
League and expressed the opinion that
the agreement recently arrived at' be
tween John Redmond and William
O'Brien removed every objection that
Nationalists outside of the party had to
rejoining the ranks having been grasped
by Mr. O'Brien and Timdthy Healy and
the present prospect Is that the next
meeting of the party will find the two
anti-Redmond leaders with their follow
ers back in the fold. Mr. O'Brien yes
terday wrote Mr. Redmond welcoming
for himself and Mr. Healy the motion
passed by tho Irish parliamentary com
mittee yesterday, accepting the party's
pledge and promising their co-operation
in making the reunion of the National
ist force complete. Mr. Redmond replied
that ho was exceedingly gratified at the
communication, saying he was sure it
was the wish of every one to bury the
differences of the past.
CRUSADE AGAINST BETTING
Berkeley Takes Up light Because of
Girl's Suicide.
SAN FRANCISCO, Jan. 18. (Special.!
Launched with the support of District
Attorney Langdon and the women's clubs
of Berkeley, a campaign has been in
augurated against race track betting.
Langdon has come out for the complete
overthrow of tho racing game and the
women and clergymen of Berkeley have
taken up the cry. A systematic cam
paign will be made and blll intro
duced at the next session of" the LegiA
lattire to kill race track gambling.
Langdon contends tnat the suicides, em
bezzlements and ruining of young girls
can be traced to a large extent to the
race track.
Tlie campaign has been given an impe
tus as the result of the suicide of Edith
Payson. a 19-yeax-old girl who acted as
twokkeeper in a local store. She took
lier savings," $C00, played tne money in
a poolroom in the Mission, lost, and with
the money she had left, rented a room in
a hotel uad killed herself.-
RUSSIAN BEAUTY TRAPPED
Capture Also Leads to Arrest of Two-
Accomplices in Robbery.
MUNICH, Jan. 18. A Strikingly beau
tiful Russian woman presented a 500
rouble note at one of the banks today
for exchange into German money. The
note bore the number of one of the notes
advertised as having been stolen in the
robbery at Tiflis early last Summer, when
314,000 roubles were stolen, and the bank
cashier at once telephoned to the police.
Seeing the officers approaching, the
woman hastily attempted to swallow a
slip of paper, but one of the officers
grasped her by the throat and prevented
her from so doing. It appeared from the.
paper that two accomplices were about
to arrive here by the Paris express. The
officers, accompanied by the Russian
charge d'affaires, went to the station,
and on the arrival of the train, arrested
them. .
WILL NOT CHANGE
LEAGUE THIS YEAR
McCredie Faithful to Coast
Clubs and Believes Con-
a
solidation Unlikely. .
ALL' TEAMS MAKE MONEY
Management of Portland Club Has
Sign 30 Players and Best Ag
gregation Ever Representing
the City Is Expected.
BY W. J. PETRAIN-.
Portland fandom has spent a week of
speculation as to the possibility of wit
nessing an eight-club circuit this year,
which would include four northern cities
and four in California. Until last night
Judge W. W. McCredie, president of the
Portland Baseball Club, was holding court
throughout his district, and his position
could not be ascertained. Yesterday he
visited Portland and said he believed the
four-club league would be continued this
season. He said he did not see W. H.
Lucas, president of the Pacific North
western League, who spent several days
here recently, but talked with him over
the telephone, although nothing definite
was mentioned a to the possibility of
uniting the two leagues.
Judge McCredie also explained the pur
port of his telegram to Dugdale in which
he stated that he would sell the Portland
franchise. He said:
"We most certainly would sell our fran
chise provided that we were offered the
price at which we value it. Furthermore,
the purchaser would be required to guar
antee that the franchise would not be
withdrawn from the Pacific Coast League.
We are strongly in favor of the Pacific
Coast League because we believe it to be
the faster circuit and the natural one for
Portland.
"Its success was most emphatically
demonstrated last year, when all our
clubs made money, with the exception of
San Francisco. The Seals were handi
capped at the start by an enormous ex
pense in securing new grounds, which had
to be cleared of debris. In addition, labor
conditions at that time were far from
settled, and wages for even common labor
were extremely high.
"A. far as I am in a position to state,
the Pacific Coast League will be com
prised of four clubs, although it is possi
ble that a meeting of the league would
increase the circuit were it found advisa
ble. I do not believe that such a contin
gency will come this year, although it is
quite likely to materialize in 1909."
Gives Facts to Dugdale.
While in Seattle last month Judge Mc
Credie had a number of short talks with
D. E. Dugdale, of the Pacific Northwest
League, .a;u. to all McCredic's advances
towards jchrr.g tlie two leagues he re
ceived the reply that the Northwest cir
cuit was moie compact, but no further
explanation. For Dugdale's benefit. Mc
Credie iignred out the traveling expenses
of an tighvelub league to include lxs
Ar.Relea .oa the south and Spokane or
Vancouver cn the North. According to
the J udyo's figures, which he Is willing
to show aryone, he has prepared a
sjhedrild vhtrein the traveling expenses
of each club will hardly foot $1800 ' for
the st-ason. He defied tlie Northwestern
adherents to frame a schedule, with
Butte and Aterdeen, that would prove
le-s expensive, even with but six clubs,
and as yet they have not complied. Mc
Credie then told Dugdale and his ad
mirers that he could see no reason why
Portland should drop to class B baseball
in order to gratify the whims of the
northern neighbors.
It was unloubtedly this seheduie of
JicCredle's that has caused the Luc:ti-Dugdale-S
.h:'eec:er combination to believe
in the Pacific Coast Ieague. This, how
ever, they do not admit, but it is only
a question of time when they will see
matters in the correct light and endeavor
to remedy past errors. Ono strong argu
ment put up by McCredie was that it
"cost Just as much to send a team from
Seattle to Butte as it does from Portland
to Ijos Angeles, and when the Aberdeen
end Is considered, practically as much as
from Seattle, to the Orange City.
While in Portland, Mr. Lucas was ex
tremely anxious to have an interview
with Judge McCredie, but owing to the
latter's engagements at Kalama and
Goldendale, a conference was not ar
ranged. In all probability Mr. Lucas
will return to Portland in the near
future and something definite may be
learned of tlie plans of the Northwest
ern League.
Signs rittiiy New Players.
Walter McCredie, manager of the
Portland team. Is being kept busy these
days mailing contracts to his new play
ers and signing up the old ones. The
Portland manager believes 'he has the
strongest team of his career in "the
bunch of talent he has collected for the
1908 pennant race.
Danzig, the new first baseman, is a
player who comes with 4he liighest of
recommendations and was selected for
McCredie by the Boston Americans as
the Initial sacker, promised in the deal
for Pat Donohue. The other two
Beaneaters turned over to the Portland
club are Outfielder Ryan and Catcher
Ostdieck. Ryan Is said to have been
the premier flychaser in the "Western
League and was well up in the batting
list when the percentages were pub
lished. Ostdieck, the catcher, is a college
player and was picked up by Boston dur
ing tlie Summer. -He has been sent to
Portland because Shaw, on whom Mc
Credie first cast eyes, has been forced
to remain wun Boston, the other Amer
ican and National League teams refusing
to release hiin. The new catcher is rated
as ono of the. best college men who ever
entered professional company, and Mc
Credie is well pleased with his choice.
Walsh is another backstop . who will
probably act as second catcher, rie is
a young fellow and is said to have the
goods. , In addition to these two- re
ceivers. Manager McCredie has signed a
California lad named Whaling, who
caught several games for Los Angeles
last season. He is a 'youngster and
shows considerable promise.
Third base, which proved Portland's
weak, spot last season on account of. the
spasmodic work of Mott, will -be rilled
by a youngster named Cooney, in whom
McCredie has the utmost confidence.
Johnson, who played shortstop at the
windup of the past season, will be worked
as pitcher and utility man this year. His
position as shortstop will be filled by
Ryan, Carr or Olsen. . Ryan is the out
fielder secured from Boston, but he is
said to be a clever infielder as well, ana
in the event that Carr ana Olsen fall
down, he will fill the bill. Kennedy, the
big fellow who finished the season at
first base, will play in the outfield, as
will Tom Raftery and the manager.
Among Uie new pitchers McCredie
has picked up are Garrett andl:ioom-
field who are, the Portland manager
thinks, the equal of any young
sters .that have been Introduced . in
, this league for many years.- Bloom-
field comes from the California State
League and during the latter part of
the past season Manager McCredie
saw him work in a number of games
against San Jose, Stockton and Sacra
mento. When pitted against such
pitchers as Ben Henderson, Jimmy
Whalcn and Dec Mosklman, Bloom
field had the- better of the argument.
Garrett was the premier twirler in the
Texas League.
Finance, the Indian twirler. is an
other roan. on whom the Portland man
ager banks heavily, and the other
new ones are well recommended. Mc
Credie has 30 men in line, but will
go to the training grounds with about
20 of them. The others will be sold
or traded before the training season
commences. .
LEAGUES MUST NOT ENCROACH
Reasons for Refusal of American
Association Club in Chicago.
CINCINNATI. O., Jan. 18. Although
the -decision of the National Baseball
Commission on the various resolutions
presented by the American Association
was announced at the time of the annual
meeting, last week, the full explanation
of the reasons for its actions was not
given until today, when the finding was
formally promulgated. Regarding the
question for Indorsement in the attempt
to place an American Association club
in Chicago, after stating that the subject
was not within the jurisdiction of the
commission, the report says:
"The commission, however, is prepared
at this time to go on record as opposed
without qualification to a territorial In
fringement of this kind, and will strongly
recommend that the petition be denied.
The foundation upon which organized
baseball rests today is the respection of
territorial rights, the enforcement of all
contracts, tire reservation of players and
the opportunity provided for players to
advance in- their profession and receive
adequate compensation for their services:
The encroachment upon any one of these
provisions would be like pulling the cor
nerstone from a foundation. If ' one
league would "nave the right to encroach
upon tlie territory of another, then other
leagues must have the same right. If
such a condition existed, nothing but
chaos and disaster would follow. '
The reason gilcn. for apposing the
change In the classification of the Pacific
Coast League and others is that when tho
Pacific Coast League was' admitted to or
ganized baseball it was distinctly agreed
that it should be a class A league. So far
as the other leagues mentioned (the
Southern and Western) are concerned, the
National League of Minor Leagues is said
to have full authority.
COLUMBIAS BEAT CRESCENTS
Hot Contest Leaves Champions in
the Lead.
Red-shirtcd forwards kicked through
sei'en heartbreaking goals for the Co
lumbias, leauers in the association foot
ball league, ycsteday afternoon. One
Crescent attack resulted in a tally; the
remaining rusnes were futile, so that the
final score .was 7 to 1.
The work of the. Columbia forwards
and halves was uniformly good. Dick,
Mills and Stevenson got the goals, while
Clark and Burns centered well to them.
Bennett and Fenwick were good at half.
For the losers, Cummings in goal won
several rounds of applause for hard
stops. Jago and Rylance at back played
strongly, but were overwhelmed by the
most puzzling forward combination of
the league season. The Crescent half
line worked laboriously, but was unable
to stop tho rushes or feed its own for
wards enough to give them many oppor
tunities.
OUSTED BY SPOKANE COURT
Sullivan Brothers No Longer Toler
ated as Amateur Members.
SPOKANE. Wash., Jan. 18. (Spe
cial.) The Sullivans. Gene and Dan
have been notified by the Spokane
Amateur Athletic Club that their serv
ices are no longer needed. The club
ha-s decided no longer to enter "float
lu,g" or imported athletes in any event
or piay tuem on any ieam.
SUTTON WINS FROM SLOSiOX
Gets Third Game In Series of Ten by
Score of 400 to 1 68.
NEW YORK, Jan. 18. George Sutton, of
Chicago, won tonight's game, the third
of a series of ten, at 18.2 balke line mi
Hards from George F. Slosson, of this
city, by a score of 400 to 168. In the three
tames of 400 points which have been
played, Sutton has scored 985 points to
Slosson s ss.
Claims Swimming Record.
BALTIMORE. Md., Jan. 18. Roy Nel
son of the Baltimore Athletic Club, will
claim a world's record for his one per
formance tonight in swimming 20 yards
in 9 1-6 seconds.
HOLD UP AND ROB CASHIER
Two Masked Men Steal Cash Leave
Official Bound and Stunned.
TEXOLA. Okla., Jan. 18. After
hand-to-hand battle with Assistant
Cashier Jones, two masked men
robbed the First National Bank, of
Texola of about $4000 in currency at
7 o'clock this evening. Jones was
found an hour later bound and in
sensible from a blow on the head.
"Hands up!" wore the words that
greeted Jones as he was working on
his books. Jones raisea nis lianas,
but when one of the bandits .turned to
dump the loose change on the counter
into a sack, the assistant cashier at
tacked the other.
The two men struggled on the floor
until the robber hit Jones on the head
with his gun. A posse started after
the bandits as soon as Jones recovered
and could give a definite description
of the men. It is thought that they are
headed for the Texas panhandle.
GRIFFIN GIRL NOT GUILTY
Ritzvllle Jury Deliberates Two
Honrs, Before Returning 'Verdict.
SPOKANE. Wash., Jan. 18. A special
from Ritzville says:
After deliberating about two hours, the
jury in .the Gertie Griffin murder trial
returned a verdict Of "not guilty."
The case has been watched with great
interest from beginning to end, which
continued over 12 days. This is the sec
ond murder trial ever heard in Adams
County. When the verdict "was an
nounced, the defendant all but collapsed
but recovered herself sufficiently to
shake hands with the Jury.
TALK MACHINES AT HALF
Eilers Piano House has Just secured
the stock or the East Side Phonograph
Co. at forced sale, and modern, up-to-date
talking machine outfits will be
offered during the next few days, as
long as the stock lasts, at the most sen
sational figures ever quoted. See an
nouncement section one, page seven,
elsewhere in this issue.
Mexico's exports of coffee for 1907 will be
In the neighborhood of 0O,OOO,MK pound.
If 'Hi V-H f :- J
V I t '. 1 . i
t v'H- I 1 M
t-v,i ., fs t J t it,
BACK UP HIS ILK
Admiral Brownson Supported
in Relief Contention.
ANSWER IS COMPLETED
Navy Department Prepared to Fur
nish Correspondence Demanded
by Congressman Gill Exhaust
ive Law Compilation. Made.
WASHINGTON, Jan. 18. Tlife Navy
Department has completed the prep
aration of the answer to the resolution
of Representative . Gill, of 'Maryland,
calling for the correspondence relative
to the- assignment of a staff' officer
to command the hospital ship Relief..
There: is a great mass of testimony
correspondence in addition to the let
ters from the President and Admiral
Brownson's letter of resignation, al
ready published. But the feature of
interest in the unpublished correspond
ence is a memorandum prepared by
Admiral Brownson and placed - on file
in tlie Department, formally recording
the objection of the Navigation Bureau
to the assignment of a staff officer to
command a naval vessel. .
This memorandum comprises an ex
haustive statement of the various
naval laws and regulations bearing on
the subject, particularly the - act of
1863 and section 7 of the Naval Per
sonnel act, to demonstrate the sound
ness of Admiral Brownson's contention
that no officer who had taken the oath
of office and thereby obligated him
self to" abide by the laws of the land,
could conscientiously issue an order
even at the direction of his superior
officer, assigning a surgeon 'to com
mand the Relief. '
WASHINGTON, Jan. 18. President
Roosevelt has decided to obtain expert in
formation regarding certain questions of
chemistry Involved In the application of
the pure-food law. He has written to the
presidents of Yale, Johns Hopkins, North
western University, University of Illinois,
University of Virginia and University of
California, requesting them to s'ubmit
names of several practical scientists from
which he proposes to select a board of
five to consider the regulations whiah
have been made by the Department of
Agriculture regarding the use of sulphur
in preserving fruit, the use of benzoate
of soda in the preservation of catsup and
other food products, the use of glucose in
syrups, besides certain other chemical
questions..
The President indicated that he had
taken this course . to please Representa
tives Needham. Hayes and Smith, of Cali
fornia, who called at the White House
today to protest against the sulphur reg
ulations. They regard this manner of set
tling the controversy as entirely satisfac
tory. TILLMAN OX , WATER-WAGON
Asks Congress . to ' Help States to
Drive It.'
WASHINGTON, Jan. 18. The Senate
committee on the Judiciary today took up
the various prohibition measures before
it and heard Senator Tillman on his" bill
regulating the importation of liquor Into
VALUE GIVING
SALE
Alfred Benjamin & Co.'s
Suits and
It is your right to get the greatest worth for your money.
It is your right to try and get the BEST possible goods for
the smallest possible prices. The Suits and Overcoats that
we are offering are of the highest grades that can be found
and the price has been brought down as low as we may
for goods of this class. It's a rare chance for the man who
knows good clothing.
Benjamin's
$20.00 Suits or
Overcoats ..... . .$15.00
$25.00 Suits or
Overcoats $18.75
$30.00 .Suits or
Overcoats $22.50
$35.00 Suits or .
Overcoats $26.25
$40.00 Suits or
Overcoats $30.00
This offer includes our entire
line of fancy cheviot, cassi
mere and worsted suits.
Sole Agents, The Celebrated Bristol $3.00 Hat
Sole Agents, Knox Hats
Buffum 8 Pendleton
311 Morrison St., Opposite Post Office
one state from another. He argued that
It was competent for Congress to take a
hand in this question. -
Mr. Tillman admitted there was doubt
of the right of Congress to regulate the
receipt of liquor from outside states by
individuals for their own use. This, he
considered, the only doubtful element con
nected with the question.
He begged the committee not to delay
in reporting the bill.
"Get it into the Senate," he urged,
"and let the Senate deal with it."
Asked to discuss the wisdom of the
measure, he declined, saying that "any
student of human affairs will tell you
that whisky is the most potent as well i;
the most prominent cause of crime and
misery in operation in this or any other
country."
He believed " it necessary to In
voke the power of the Federal Govern
ment to perfect the regulation of traffic
TALKING MACHINE PRICES
ARE CUT IN TWO
Entire Stock of the East Side Phonograph Company, Until
Recently Located at 540 Williams Avenue, Secured
by Eilers Piano House, to Be Closed Out
This Week in a S e n s a t i o n a 1 Sale.
Modern Machines and Record Cabinets at the Most
Astounding Reductions.
An extraordinary opportunity will be afforded during the next few days
to obtain a fine, up-to-date, strictly modern talking machine or a fine record
cabinet at prices positively unparalleled. During the past week we secured
at a forced sale the entire stock of the East Side Phonograph Co., but with
our own enormous and complete stock in this line it is impossible for us to
accommodate these extra goods, except for a very limited time. Therefore,
beginning tomorrow morning, we shall dispose of them at prices that are
bound to create a most unusual stir among Portland's music-lovers. The
object of this sale, of course, is to move this immense stock of talking ma
chines quickly, and we will rely on price to do the work.
Bear in mind these cut prices apply on every machine in this'Stock, with
the exception of certain contract goods.
THESE ABE THE PRICES
Regular 15.00 talking machines, daring this great sale, $ 6.40
Regular $ 26.00 talking machines, during this great sale, $11.65
Regular 35.00 talking machines, during this great sale, $16.75
Regular $ 40.00 talking machines, during this great sale, $18.85
Regular $ 50.00 talking machines, during this great, sale, $27.10
Regular $ 65.00 talking machines, during this great sale, $35.15
Regular $109.00 talking machines, during this great sale, $54.40
Remember, these are 'strictly modern, up-to-date talking nlachines, and
only one machine will be sold to each caller. Positively no machines will
be sold to dealers.'
RECORD CABINETS, TOO
If you have a talking machine, you certainly need a record cabinet, not
only to keep your records in convenient order, but also to protect them from
breakage. Moreover, a record cabinet is always an attractive piece of fur
niture in any home. Note these prices:
Regular $10.00 Cabinet now .$ 5.40
Regular $15.00 Cabinets now $ 8.10
Regular JJ25.00 Cabinets now.... $13.60
Regular $30.00 Cabinets now $16.25
Regular $40.00 Cabinets now $21.75 1
Regular $65.00 Cabinets now.. S45.SO
Regular $85.00 Cabinets now $58.50
. While these low prices should be for
spot cash only, we will still grant any
reasonable weekly or monthly terms,
so that all will be given an equal op
portunity to participate in this most
extraordinary offering.
Remember, too. that we carry by
long odds the largest and most com
I Eilers Piano House,Leadinp; Talking Machine Dealers, 353 Washini2tonSt.lCor.Park
Overcoats
Special Shirt Offer
Fifty dozen new pattern
stiff-bosom Shirts, detached
cuffs; regular $1.25 value,
each ..SOi
Choice of our entire assort
ment of Manhattan, Cluett'
and Wilson Bros, stiff-bosom
colored Shirts, separate and
attached cuffs; coat and
other styles. Regular $1.50
values ; choice .... . .$1.10
in states which already have acted In
that eirectioir.
Representing the German-American
Alliance, Representative Barthold, ol
Missouri, advocated unfavorable action
by the committee on any of tin
resolutions and . bills relating to
the liquor subject. He said that the
alliance has, a membership In SS states
and that the German-Americans were
not in favor of Government interfer
ence in the question of prohibition In
any way.
John W. Terkes. former Commission
er of Internal Revenue, expressed dis- i
approval of a law withdrawing Federal
liquor licenses in prohibition states on
the ground that it puts the states in
the position of invoking Federal law
to cause their own laws to take effect.
Perfect fitting glasses 81 at Mctitger's.
plete stock of talking machine records,
both cylinder and disc, in the West,
and our Individual, sound-proof talking-machine
parlors are the handsom
est, most convenient and best ar
ranged on the Coast.
Come early while the stock is com
plete first comers will have best as- .
sortment.