The Sunday Oregonian. (Portland, Ore.) 1881-current, February 09, 1908, Image 3

Historic Oregon Newspapers

The Sunday Oregonian., February 09, 1908, Page 3, Image 3

Image provided by: University of Oregon Libraries; Eugene, OR

About The Sunday Oregonian. (Portland, Ore.) 1881-current | View Entire Issue (Feb. 9, 1908)

Prev Page of 54 Next Prev Issue Next Text PDF JP2 (4.3 MB) Clip/Print Image

Return to Top

Prev Page of 54 Next Prev Issue Next

Newspaper Page TextTHE SUNDAY OREGOXIAX, PORTLAND, FEBRUARY 9, T90S. MORGAN 'STATES some time last night by hanging himself from a derrick in a lumber-yard at Eighth and Howard streets. He had lost all his savings, amounting to about $500 by the failure or the California Safe Deposit & Trust Company. On December 12, he at tempted suicide by slashing his neck and wrists with a knife, but was saved by prompt treatment. MORSE IS HURRYING HOME USEQFSTRINGENGY Will Be Used to Crush Labor Into Submission, He Tells Frenchman. MUST SUBMIT OR STARVE Greeted as New Napoleon, Trust Builder Calmly Declares Depres sion V.crnl and lie ' Docs Not tare for Kelicf. MORfiAX S VIKTVS ON" THE LABOR SJTirATIOX. Strike: Tli"y (laboring m-n ) have got no Jobs now. Thf re arc no stocks on hand. ? oil .know. We do not want to take up work again now. go what can they do? They will have tu submit- or tliey will starve. The question is to be settled. They are to lenrn t'aat they cannot con trol industry. "We want wages that will make honest und profitable business possible. NEW YORK. Feb. S. (Special.) Alex nnder T'lar, editor of I.e Petit Journal, of Paris, writing: to the World, will say to morrow in part: "In Europe. J. P. Morgan has often been compared to Napoleon, chiefly by persons who have never met him and have not experienced the strong impression of his personullty. Nevertheless the com parison is Just. The temperament and the harsh energy of the ci eat banker is doubtless that of a dictator, and I should feel Inclined to say that. If Mr. Morgan had lived In another country and at an other age, he would have been a con dottii r' of the Renaissance or even a Mongol conqueror. 'Every inch of this man. in spite of his perfect urbanity and his plain man ners. Is self-consciousness, love of power. I have the Impression that he is perfectly happy when, by a nod of his head or by a few sweeping words, he can reply to a question or express a view with the cer titude that there can be no more opposi tion. It Is Just as with the popes in the Middle Ages: 'Rome has spoken; the mat ter is settled.' 'lime to Settle Social Question. "And I shall never forget the calm and the haughty, although very simple, way In which, talking about the Japanese question, he said to me: " 'There will be no war with Japan.' "It was crushing, and I felt that no ar gument could shake his conviction, be cause he probably is able to prevent It. He plainly agreed with me when I re marked that the most important side of the crisis Is the social one. ' 'Yes, It is all a social question. Just as in Europe.. The time has come when the question is to be settled. I want to settle It,' he said. "After having talked about the indus trial situation, depression and its out look for the future. Mr. Morgan said he thought this depression is very useful, and he did not care to see it relieved at all Just now. Labor Must Submit or Starve. " 'In other words, then, Mr. Morgan, this crisis will serve to crush the power of the workmen. You will use it tor re ducing wages. But will not the Federa tion oppose it?' " 'They are unable. Industry is partly stopped.' " 'They will go on strike.' "'Strike! They have no Jobs now. There are no stocks on hand, you know. We do not want to take up work again now. So what can they do? They will have to submit, or they will starve. The question is to be settled. They are to learn that they cannot control industry. We want wages that will make honest and profitable business possible. The question now Is the same all over the world.' Real Causes of Crisis. "So then, the real causes of the crisis are much deeper than I supposed. They are of a social kind. They are. In fact, due to the necessity of bringing the struggle between employers and em ployed to a definite result. "Mr. Morgan seemed anxious to be the champion of social order against social ism, and even against unionism. He looked at .me with half-closed eyes, as though contented with having given me an insight into the innermost heart of events." BIG PAINT FIRM IN TROUBLE retition iu Bankruptcy Is Filed Against Heath & Milligau. CHICAGO, Feb. $. An involuntary peti tion in bankruptcy against Heath & Milligau, one of the oldest and largest paint manufacturing firms in this state, was tiled here today. No formal statement of the assets and liabilities of the firm was tiled, but at torneys for the various interests involved said that the liabilities amount to about $1,440,000. The assets were estimated at $1,000,000. Inability of the creditors to agree upon a plan for the rehabilitation of the firm's finances and the threats of some of them to file suit for the appointment of a re ceiver in the United States Circuit Court were the chief causes contributing to to day's action. BIG HARDWARE FIRM FAILS Receiver Named, Although Assets Greatly Exceed Liabilities. NEW YORK, Feb. 8. The appointment of Nicholas H. Colwcll as receiver of the Hardware & Woodenware Manufacturing Company, which owns and operates IS hardware and toy manufacturing plants in nine Eastern and Central states was announced today. The company took over the property and business of the National Novelty Corporation last year and is capitalized at J3.75O.O0O. James R. Rurnett. counsel for the re ceiver, said today that Its assets are $3. SCO.0OO and liabilities Jl.ltiO.OOO. and that its quick assets would probably exceed the liabilities. The company s embarrassment. he said, was due to the contraction of its bank credit during the recent financial stress. A plan for resuming business is under consideration. Boards Steamer for New York on ; Arrival at Liverpool. j LIVERPOOL, Feb. 8. C. W. Morse, the ' New York banker and promoter who arrived here this morning from New York on the steamer Campania, decided to re turn at once to New York, and he left here this afternoon on the steamer Etruria. Iowa Bank Cashier Arrested. DBS MOINES. la.. Feb. 8. B.' S. lie Cullock, cashier of the defunct Princeton, la.. Savings Bank, was arrested today on the charge of making false entries In the bank's books. A shortage of $10,000, it is alleged, has been discovered. - Receiver for Coal Company. NEW MARTINSVILLE. W. Va., Feb. S. C. F. Ixiwther. president of the Low-trier-Kaufman Oil & Coal Company, cap italized at $1,000,000. today asked for a receiver for the company. C. B. High land was appointed. FRD Ifl THE MOT Y ORGANIZED GANG LOOT STORES TO AMOUNT OF $200,000.' BANK DEPOSITOR ENDS LIFE Carpenter Lost All His Savings in California Failure. SiK TTRANCTSCO. Feb. 8. Thomns W Nor buy, a carpenter, committed suicide Secret Service Operatives Ferret Out Disclosures Commandants Are Not Implicated So Far. SEATTLE, Wash.. Feb. 8. (Special.) Thefts from the stores of the Navy- yard at Bremerton, which it is believed will total at least $200,000. have been un earthed by Secret Service operatives, who have been working on the case tor a number of months. The operatives were desirous of keeping their intentions from the public, but the arrest yesterday of Harry Ballou has precipitated matters. Ballou is a bootblack who has been running a stand at the Navy-yard town. He is charged with stealing a DianKei and some neckties, but he is really only one of the men who have been partlcn pating In the profits of the wholesale thefts which have been going on for a number of years, and will be used as a witness. He has been held by the United States Commissioner to appear before the grand Jury. The bulk of the frauds rep resent plain stealing and the articles dis posed of consist of blankets, whole bolts of navy cloth, underwear, belts, shoes, and in fact anything that will find a ready sale in waterfront stores. Not long ago a tailor was arrested for having a piece of navy cloth in his possession, but he made such ex planation of its possession that he was discharged. The Secret Service oper atives, however, were not satisfied, and have since been conducting a thorough investigation. So far as the operatives will state, there is nothing that reflects discredit on any of the commandants who have been in charge of the Navy-yard. The thefts have not been confined to the ordinary disposals of personal belong ings by sailors, but have been so ex tensive that entire bolts of cloth have been sold at one time and the tailors who have been the purchasers have employed salesmen to go about the city representing themselves to be smugglers and thus dispose of the cloth wholesale. Arrests are expected to follow this disclosure and Secret Service Operative I-'oster declares that he is in posses sion of evidence which will result in breaking up an organized gang "of looters. STEAMER OF MANY NAMES Rose City's Maiden Voyage to Port land Is Begun. SAN FRANCISCO, Feb. 8. (Special.) The San Francisco & Portland Steam ship Company's Rose City, Captain Kidston, which sailed today for Port land, is making its maiden voyage un der the Harrlman flag. The Rose City was formerly the Navy transport Law ton and since changing owners has been practically rebuilt. The Rose City is the first of the Harriman ships on this Coast to be equipped with wireless. As a ship of many names, the Rose City holds the Pacific record. When the vessel was launched in 1890 at Chester, Pa:, it was christened Yumuri and sailed under the Spanish flag. Captured during the war -with Spain, the prize was renamed Badger and put into com mission as an Army transport. Later, when the War Department adopted a new plan for selecting names for troop ships, the Badger became the Lawton. The ship later was turned over to the Navy Department and was used as a transport until sold to the Harriman line. Portland, to which city the coaster will make regular trips, is known to Oregonians as the "Rose City" and it was in tribute to the beauty of Port land's famous blossoms that the name Lawton was painjed out and Rose City substituted. WILSON FAVORS SHIPPERS Owners Should Not Bear Cost of Meat Inspection. OREGONIAN NEWS BUREAU, Wash ington, Feb. 8. Efforts will be re newed when the agricultural appropri ation bill comes before the Senate, to have it amended so that the cost of conducting the inspection of packing house products will be placed upon shippers and owners of livestock. Senator Warren had an interview to day with the Secretary of Agriculture, who is satisfied that the present meth od is the proper one and should be continued. With the support of the department, the efforts which Western Senators win make to prevent the cost of inspection being placed upon live stock owners will undoubtedly be successful. Bourne Has Relapse of Grip. OREGON1AN NEWS BUREAU. AVash ington, Feb. 8. Senator Bourne is suf fering from another attack of grip, but was not too ill to visit the White House today. Portland Woman Appointed. OREGOXIAN NEWS BUREAU, Wash ington, Feb. 8. Florence M. Gallagher of Portland, has been appointed clerk in the Postoffico Department in this city. Crown of Germany Off Bar. ASTORIA, Or.. Feb. 8--(Special.) The British ship Crown of Germany is re ported off the bar with a pilot on board. Metzger, Jeweler, optician, 342 Wash. THE GREAT .AJ AX STEEL RANGE The Best Range on the Market at the Price SI TERMS Down, $1 Week TERMSr IftliJi.iA.ii- - ' i J . - ffftXaWi' .In, c o'llir o "HlHijldlKol , pTiTiu "miJm"1Tii'Iii)iim 'in- ''!' HyM - "issssjisw I M i urw v. w-7rv-a i t I v -v. ,J . - mrswt i J r Mt- r -jrr- w n m I Eh HI H MSSfc SLmaJi-i'M Br?1 . - . -. - .;-i-.-auis m sssBBiiaassssssssBV 1' J ItMl ' i . . Dill UTTI Kt WI III Hrv - - -44 - r -" -rl- z-TZL -TS II I a. 1 m oMik i v Bw.i ivM-evSi iYwaifrfH n -"sass-. .vJtr- I Tl U Htki tMiH V"f "Jjr r lllMff Ml f i 1 Hi Zl II IU I Miimr I I i TT 111 i I f 1 1 1 1 M - jniiiH. mmm . Protecting Flock vv 47 v own, $1 Week NCKEL. PLATED TMA SHEUrCl.OSED REMOVAB END GATE FOR. COAL. SECTIONAL. plate top Nickel. TRIMMING CAST EXTENTION POX. WOOD Heavy . cast Back. Grate A POSITION Front Draft DUPLEX GRATE For Wood 'or 4 (RemovedJ COAL Ash pan DOOR FOR ASH B OX 3crewMrapt Nickel Check Dfukft. Nickel Plated Tea Shelf Open Vljrtjca.l Damper AtTt4 Outbids MTrHA.NISPl one vAfiJ nrJ,r AOUPPVtT.1 fOK JTJ-Ai. 1 1- attached to remfprcement end Shelf Cast Iron' Flue SClEtSTlPlCALU' PROPORTIONED Draft space Sh&mt StbeL . - HCA.sy A SRFSTO LIN ING AND PoUSHED BLUE STEEL BODY- One op two CastIrom UVEN REINFORCEMENTS Cast Iron Plue Strip Px uE Door. NickUd f Steel Flue JiOTTOm f Asbestos Lining Kitchen Comfort tMay be made or marred by the range. The secret of perfect cooking and baking is to use an A J AX STEEL RANGE This range will save money and last a lifetime. It is built right and it "works right." Oven is large and you can bake on the oven rack and oven bottom at the same time be cause the perfect flue system distributes the heat evenly. Quick Baking The high, deep ovens of Ajax Steel Ranges heat quickly and evenly, with the smallest amount of fuel. AJAX STEEL RANGES Meet every desire of the housewife, Large, strong, non warping top, big fireboxes, grates can be used for coal or wood, and the specially designed heat-distributing flues are easy to get at and easy to clean out. Will Take Your Old Stove as Part Pay ment on a New Range Powers the Home of the Outfit, the House of Dignified Credit GREATEST OIL GDHTRAGT MAKES GREASY FLUID CALIFOR JXVS CHIEF WEALTH. Associated Buys Entire Independent Output of Two Counties Puts Oil Aucad of Gold. SAN FRANCISCO. Feb. 8. (Spe cial.) The biggest oil contract ever made in California was arranged today between the Associated Oil Company and the Independent Producers' Asso ciation of Kern and Fresno Counties. The Associated contracts to take the entire output of the fields at 60 cents a barrel. This is the highest price ever paid for the Kern and Fresno oil. It means the payment to the Indepen dents of $4,000,000 a year. The con tract runs for two years. The con tract will not be signed until the end of the week, as minor terms, such as time and place of delivery are still to be arranged. The negotiations have been proceed-i ing for several months. The Indepen dents held out for 75 cents a barrel and the Associated offered 40 cents. The Independents refused to deliver and the Associated has run out of Its surplus oil. To fill delivery contracts, it was compelled to yield and raised Its offer to 60 cents, which was accepted. As a result of this contract, the year 1908 will see oil a greater revenue pro ducer for the State than gold. Here tofore gold has held first place, the an nual output of the yellow metal aver aging 19.000,000. BP. CONTRACTS LET SECRETARY OF WAR ACCEPTS THREE BIDS. UTAH BANK IS ROBBED Officials Discover Loss of $43,000 From Vaults. SALT LAKE CITY, Feb. 8. The Trib une tomorrow wiii sav that for the last month the Utah Jfational Bank has been investigating quietly the loss of $43,000 in currency from its reserve "vault. Offi cers of the bank admit that the disap pearance of the money was discovered some weeks ago. The inquiry has reached a point which Justifies the expectation of one or more arrests in a short time. ' Eye classes $1.00 at Metzger'a. Details of Flying; Machines for Use of Army Are Kept Secret ' by Agreement. WASHINGTON. Feb. 8. The Secre tary of. War has approved the recom mendation of the Board of Ordnance and Fortifications that bids for fur nishing heavier-than-alr flying ma chines to the United States Govern ment be awarded as follows: J. F. Scott, of Chicago, for $10,000, to be delivered in 195 days. A. M. Herring, of New York, for $20,000. to be delivered in 180 days. Wright Bros., of Dayton. O., for $25,000, to be delivered in 200 days. These three were the only bids out of the 41 received that complied with the requirements of the advertisement. They have been examined by a board of experts, and are believed to embody the principles of practical flying ma chines. It was part of the agrement In Issuing the call for bids that none of the particulars of the bids were to be given out for publication, but were to be retained as confidential. PIER OF BRIDGE FALLS New North Bank Structure Collapses and Delays Construction. HOOD RIVER. Or., Feb. 8. (Spe cial.) By the collapse of the north wing of the east pier of the new rail way bridge of the North Bank Road over the White Salmon River today the railroad company will lose several thousand dollars and the completion of the permament bridge will be de layed for some time. While the bridge was a temporary structure, trains have been running over It and repairs to it will take sev eral weeks. Portland People Come From Europe NEW YORK. Feb. 8. (Special.) H. Gerson, wife and daughter, and Miss Carolyn Lowengardt arrived yesterday on the Kaiserin Augusta Victoria. The Ger sons have been abroad six months. Miss Lowengardt 'has been in Berlin studying music for three years. They are staying at the Belmont. CLOSE WALL-STREET GAME (Continued From First Paire.) would be annihilated. Leave New York all of Its actual transactions in stocks, its outright purchases, and cut off only the purely gambling deals, and one-half of the skyscrapers in the Wall-street re gion would be without tenants. Greatest of Gambling Dens. Monte Carlo. Ostend. Trouville, all the licensed "casinos" of Europe, all the racetracks in the world, all the faro, roulette ' and poker dens , in America bunched together, would be as a tallow candle to an electric searchlight con trasted with the Wall-street gambling in stitution. New York's total rake-off on the stock gambling game carried on in Wall street Is estimated by good judges at' above $100,000,000 a year. The expression "a canary bird appetite" f a misnomer, for a canary bird eata more thaa its oa weight dally.