THE 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.