SECTION FOUR
Pages 1 to 12
DRAMATIC
and SPORTING
VOL. XXVII.
PORTLAND, OREGON, SUNDAY MORNING,
APRIL
12, 1908.
NO. 15.
OPPOR
T UNITY. W
FOR SHREWD FURNITURE BUYERS
m in tta
4 IM ti
The greatest values ever known the biggest money's worth you ever saw are the prizes offered shrewd
furniture buyers at our store this week. Good furniture the kind that lasts and satisfies at prices never
before equaled makes THIS WEEK the week of unheard-of opportunity for all who wan.t furniture bargains.
See the wonderful values we show below. They are but a glimpse of a thousand that will fill every home
furnishing need and save you money. ,
GET OUR PRICES ON DINING-ROOM EUR
NITURE BEFORE YOU BUYIT PAYS!
Don't do yourself the injustice of buying without getting our prices.
We offer you the advantage of better values and an assortment that
is not excelled on the Coast. We mention two of the many tempting
bargains you will find on our floors.
FOR THIS GOLDEN
OAK. DINING CHAIR
Yon will find it olae-
in for THIS ELEGANT
plU DINING TABLE
Von will. bp askoil a third more at
otlior stores, ft is made of ae
Icrtptl wood, golden or weathered
finish. TIip six-foot size is tniirkpd
flt$10.00.
picture.
Desipji is just like the
$2.50
whore marked at
f.).5p or higher. It is
made of selected oak,
golden finish, with
boxed cane seat. The
picture shows the ex
act design. There are
scores of dining-chair
bargains in all grades
and finishes.
RUGS FOR THE DINING-ROOM
We have a mighty interesting stock of Rugs
that are particularly suited for the dining
room. Prices are temptingly low.
RUGS!
RUGS!
RUGS!
EVERYBODY
WANTS RUGS
Brussels Rugs Eu- (PIC ((
reka, 9x12 . ; PO.UU
Brussels Burling- G 1 Q fH
ton, 9x12 plO.UU
Royal Brussels QOC flO
Rugs, 9x12 . ; pO.UU
Wilton Velvet COT HO
Rugs, 9x12 P .WU
(unranteed for 20 Years
i
Axminster Rugs, fln
Imported, 9x12. . . .POU.,D
Burmah Pro-Brus- fl1A Qfj
sels, 9x12 4U.OU
Extra Quality In- fl Q 7r
grain, 9x12 P . D
Larger and Smaller Sizes in
Proportion.
WE HAVE A LOT OF ODD SIZE MADE
RUGS FROM REMNANTS
Which you can buy at a discount of 25 per cent less than cost. Be
sure and bring the size of your room if you are in search of a bargain.
Ill
EXTRA SPECIAL
$3.50
SEE THIS
ROCKER
This large Arm Rocker, mahogany,
finish, upholstered in beautiful two
toned velours; sella regularly for $8.00;
extra special $3.50
$To mail orders received on this Rocker.
We make this special price to
bring people to our store. ,
$35 RANGE FOR $29
IS
LEADER RANGE
All are guaranteed for 10 years.
Leader Range, with high closet
and duplex grate, spring-balanced
oven doors. This is a heavy, sub
stantial and durable range, niade
of the best quality cold-rolled
steel ; .adapted for coal or wood;
oven thoroughly braced and bolt
ed ; asbestos-lined throughout ;
. nickel-trimmed ;. section plate top.
Gadsbys' price $29.00
$19 PRINCESS DRESSER
$11.50
I 1
Princess Dresser, with oval or
shaped French bevel mirror; fin
ished golden; regular $1!).0) val
ues; special this week,. $11.50
We Cinarantre to Save Yoti Money on All
Purchases by (living; Yon llcttcr Values
Than You Urt Ulsrn here.
SOLID OAK ARM ROCKER
Solid Oak Arm Rocker with leath
er cobbler seat ;-regular $:..r() val
ues. Special this week ..$1.93
WE OWN THE BUILDING NO RENT TO PAY THAT'S WHY WE SELL FOR LESS
JAPAN HIT HARD
BY RECENT PANIC
Tampering With Buzz-Saw of
Frenzied Finance Brings
Grief to Millions.
NATION OF BANKRUPTS
"tollapse of Great Industrial Com
panies Organized on American
Plan Inrlng Boom After War
Exhausts the Resources.
Copyright, 10S. by Prederlo J. Hnskin.
TOKIO, March 29. (Special Corres
pondence.) When Japan took unto itself
the blessings of a western civilization, it
was inevitable that the cures he In
cluded. Today it Is suffering from having
taken a flyer at frenzied finance. After
the war with Russia, the Japanese rushed
headlong Into a boom. The collnpse has
come and the nation Is gapping. It mifrht
have borne the burden of Its own folly
without great trouble, but the sins of
America are nlso visited upon Nippon.
For every American girl who is pouting
because that horrid "Wall street has de
prived her of a new silk gown, there is
a sorrowful almond-eyed maid In beauti
ful Japan who mourns the loss of the six
centB a day which she earned by feeding
silk worms.
Among the most marked effects of the
recent pnnlc In the TTnited Slates was the
falling off in demand for silks. Conse
quently, the god own a of Yokohama con
tain SOO.000,000 worth of raw silk at a
time when in a normal year they would
be empty. This silk is unsalable at a
profit, and every time a bale changes
hands now. It means a loss. The silk
grower in the country did nnt foresee the
financial crash; neither did his country
banker. The grower needed ready money
and the- banker advanced it on the se
curity of the silk. Now the price has
fallen and the. silk is parcncaiiy unsai
able. The silkgrower cannot pay the
banker. The banker must pay his de
positors. From these things come bank
runs, from bank runs come failures, from
failures come loss of employment, and
from loss of employment comes starva
tion.
And this in a country where 20 cents f
day Is high wages for an able-bodied
man!
Money Jjost In Speculation.
If there had been money In the country
the temporary cessation of American pur
chases here would nnt cause such serious
embarrassment. But Japan has never
bad much money, and what little It did
have has gone into the great Industrial
companies, organized d tiring the boom,
which started a few months after the
close of the war with Russia and which
tumbled Into nothingness with the crash
of last year. The Japanese government
tried In many ways to restrain the fever
for speculation, knowing that the re
sources of the nation were not sufficient
to sustain $500,000,000 worth of new indus
tries at this time. But the advice was
not heeded, and speculation stopped only
when the bubble burst.
Now the government seems to forget
lis role of friend to commercial interests
and refuses to take any steps to relieve
conditions. On thei other hand, the bur
dens of Its people are augmented by the
levy of new taxes, although the war tax
has not been lessened after three years of
peace. And of this tax money collected
from these poverty-stricken jteople, the
government spent last year on the army
and navy, $11.7IAV; and on education,
$4, llfi, 470.
The war with Russia brought to Japan
so many hallelujahs and banzlaa from all
parts of the world, that the Japanese
were almost convinced that there was
nothing that they could not do. It was
natural that they should turn to Indus
trial fields and seek to astonish the worM
as they had done In war. Companies were
organize to exploit the meager mineral
resources of the islands: others to manu
facture raw materials to be brought from
China; others to take advantage of grow
ing Internal business, and still others to
push commerce Into foreign lands. Mil
lions were subscribed, and before the ink
was dry on the papers of incorporation.
a dividend would be declared.
This artful dodge deceived the Innocent
lamb of Nippon, and he rushed to his lit
tle Wall street with his savings. The
price of shares soared to the sik s. Then
came the world-shaking financial troubles.
Copper. Japan's greatest mineral product.
dropped to the bottom. Then came the
silk disaster, and Japan's greatest do
mestic industry was paralyzed. The bal
ance of trade In lfrt had run in Japan's
favor and Its people boasted that theirs
was an exporting nation. Within a few
months the exports dropped almost half.
The Bank of Japan pays a 12 pt
cent dividend, and Is considered a thor
oughly sound Institution. The paj
value of its shares Is 200 yen. A yen is
equivalent to DO cents in American
money. In a few months the market
value dropped from 830 to 568 yen. The
Tokto Electric Railway stock, par value
50 yen, dropped from 106 to 59, and now
municipalization of the property is In
sight. The Osaka Spinning Company
has never missed a dividend and It pays
20 per cent annually. Its shares, par
50 yen, fell from 126 to 79, In the face
of the one-fifth dividend. 1
IiOst Chinese Trade.
How foolish the payment of such
dividends I has been proved in the
very case of this spinning company.
The Japanese cotton spinning mills, of
course, use foreign raw material. They
have excellent mills and they have
good labor at next to nothing, com
pared to the cost In American cotton
mil lei. At one time they had built up
a good trade In China, the greatest con
sumer of cotton among the nations.
Rut the boom caused an effort to estab
lish weaving on a larger scale In Japan
and the small weavers were greatly
encouraged. They bought the Japa
nese yarns at fancy prices and the
spinners thereupon allowed their staple
business in China to go by default.
Now the Kast Indian yarns have sup
planted the Japanese yarns In the Chi
nese market, the home market Is dead
and the Japanese spinners are making
yarn to store in their godowns. The
dividends have exhausted the treasury
and ruin Imminent.
Frenzied finance hn some ' queer
kinks in it in tills part of the world.
The Japanese business men seem to get
at things from a different angle as they
look on the world from their oblique
eyes. The cotton spinners had ft meet
ing and discussed the los of the for
eign business. Now, It baa been the 1
fashion in Japan to bolster up by a
subsidy any business too weak to stand
alone. Japanese hips are subsidized,
some of them profitably so. These
people have seized on the idea of a
subsidy as a cure for every commercial
ill .and the subsidized concerns are
legion. So the cotton spinners decided
to tax themselves for a private sub
sidy In order to give a bounty on every
pound o yarn ehlpped to a foreign
market. This would, they said, permit
them to sell below the fnarket price.
Fallacy Soon Proved.
But this was taking the thing too
far and the scheme did not hold to
gether long. One native newspaper
said it wa a case of "cutting the
flesh of the thigh In order to eat," and
that view appealed to the spinners
when they were called on to pay their
share of a bounty to be given to some
other spinner to reward him for cutting-
down the price of their own
product.
The spinning mills will have to close
down tf conditions are not righted at
once. Silk reeling establishments are
already closing, and the silk production
probably, will be curtailed next year.
Thus far, the vast amount of public
work going on has kept the most of the
people tn employment, but as the people
pay the bills through taxes, this is an
other case of cutting the flesh of the
thigh to eat. It may help for a time,
but the day of reckoning will come.
Among the masses of the people the
prosperity caused by the unusual dis
tribution of money during the war is still
manifest. This Is a point to be consid
ered In reckoning Japan's fighting spirit.
The nation has 1,000,000 men who would
welcome a war that they might flock
Into the army not because of the old
samurai fighting spirit, but because as
soldiers they have better clothing, better
food and better pay than they could ever
hope to have as workingmcn. . The Japa
nese soldier fares not half so well as the
American regular. The difference in the
condition of the laboring classes of the
two countries Is forcibly Illustrated at
this point. The Japanese pray to get
into the army for the good pay the re
cruiting officer in the United States has
to beg men to enlist.
A people as poor as this cannot afford
even one week of idleness. When the
factories stop in the JTnlted States It
causes much suffering, it is true, but
when they stop in Japan the word suf
fering does not go far enough it means
starvation.
Many tit the wisest men In Japan be
lieve It was a good thing that the boom
burst so soon. If it had gone on for
another 12 months It would have In
volved absolutely the entire capital of
the country, and the wreck would have
been complete. That the crash came be
fore It was physically possible for some
of the people to get their money up
has helped the situation. As most of the
capital that was Invested was borrowed
abroad, the other nations are much In
terested.
But nevertheless, black ns Japan's
financial outlook Is at this time, there
is still faith. In the face of the panic
and the government policy of taking over
transportation properties at Its own val
uation whenever it gets good and ready
a Brltlfch company has put up $5,000,000
for an electric railway to be 83 miles
long. The dismal failure of the first
great ateel -making project In Japan has
not deterred othr venturous souls and
a new steel company is about to be per
fected with English money actually in
sight.
No nation Is more interested In Ja
pan's commercial prosperity than the
"United States. Ours Is the largest share
of Its foreign business, and the flnnnclal
health of the two countries Is closely
connected. Japan has shared our mone
tary troubles. although Infinitely less
able to bear them, and it Is certainly to
be hoped that she will share our return
ing prosperity. But as yet there Is little
hope of a speedy recovery, and the In
dustrial situation in Japan is extremely
gloomy. Private finances and credit are
strained. Public finances are in a tangle
that Is causing a storm of protest from
every part of the Kmplre,
But that is another story. To feel the
tragedy of the thing as a Japanese must
feel it, one must Imagine hlmhelf mak
ing pasteboard boxes for wages of 3
cents for a 10-hour day. Kvcn the
American Imagination refuses to work
for such wages.
TAKE CROOK IN COSTUME
DKTKCTIVKS MAKE AHRKST ON
STAGE OP THKATEIl.
ERADICATE YELLOW
FEVER IN TROPICS
Scientists Win Battle Against
Scourge of Carribean
Seacoasts.
WORK OF UNITED STATES
Parisian Audlonre Knlls to Unitize
Tlmt Struggle Is Not Pnrt
of the Piny,
PAKIS. April 11. (Special.) -A curi
ous and real is tie scene occurred re
cently at the Odeon Theater during the
performance of "Rumuntcho." Just be
fore the pelote Basque scene in the
second act, t wo police in en In pi a In
clothes entered the theater and told M.
Antolne, the manager, that they had
come to arrest a dangerous criminal
who was there at the moment. The
man had been engaged as a '"super,"
and the detectives, standing In the
wings, recogntKed him n he went on
the stage from the opposite side.
"We must arrest him at once," they
said. "You can't stop my performance,"
protested M. Antolne, "and you can't go
on the stage in those clothes; but, as
you say there la danger of the man
escaping you, I will do what I can for
you if you will wait."
A few minute Inter the detectives,
dressed In the picturesque Ftasque cos
tume, went on the stage, laid hands on
their man, and. after a short struggle,
handcuffed him, tied his feet together
and carried him bodily off without any
special excitement on the part of the
audience, who Imagined that what they
had seen was merely an Incident In the
Play.
LEADS A DOUBLE LIFE
'reni-li McrHm nt In Provinces 1 1 end
of Burglar Ilniiil.
PA R 13. April 11 -(Speri!.) The nolle
of Bohfiin, n-nr Lille, huve arrti! r
band of bm-RlarH whlrh whs organized
by a man named lU-lolr who; until his
arrest, was believed to be a merchant of
the hlKhe.st repeetabll!ty. It is linixxt
Blble. at present to nay how many bnr
Klaties the band has rommitted during
the last year, but the value of the goods
stolen Is believed to be over tlon.000.
A few days ao the pollre heard that
four persons whom they suspected held
meetlnKS at the house of a respeotabla
tradesman In Bertry. The four were ar
rested, and confessed, addfuff that the.
merehant. Helolr, was the leader and or
gaulzer of tha band.
Dr. Osier, of Oxford, Gives Full
Credit to This Government for
Its ICemarkRble Victory
' In Cnbn.
LONDON, April ll.-Spec-lal.V-A vol
lime of evidence taken by the Royal
Commission on Vivisection contains a
remarkable account given to the Com
missioners by Dr. Osier, regius profes
sor of 'medicine at Oxford rnlvorsitv, of
the methods by which medical science
has progressed In Its battle against yel
low fever. Dr. Osier, under examina
tion by Sir William Church, observed
thnt the story of yellow fever. 41lus
trated. perhaps, more satisfactorily than
any other the renmrkahle way In which
experiments, carefully devised and car
ried out. might not only Influence our
knowledge of. the etiology or, a- disease,
but might Influence extensively the com
mercial relations of nations and save not
only thousands of lives, but millions
upon millions of dollars annually.
Tellow fever had been the great
scourge of the reglous round the Carib
bean Sea. and r-ny attempts had been
iniiuu io mm cm ine cause or the dis
ease, but all had failed up to the year
HUM), when a commission was sent to
Havana by the lTn!ted States Govern
ment especially to Investigate the cause
of yellow fever. That commission rec
ognized particularly the relations of the
mosquito to the disease. The experl-.
merits which they devised were carried
out In a I'nlted States Army camp In
Havana and they were among the most
remarkable that had ever I een mnde.
Work In V'evcr C'nmp.
The camp was composed of a certain
number of Inutilities that was to say,
persons who were' no longer suscepti
ble to yellow fever. In consequencrj of
having had It. In this camp. Professor
Osier explained, a house was con
structed with two compartments, di
vided from each other by a wire mosqul-to-proof
screen. Into one side of the
hut 15 Infected mosquitos were placed.
Men were selected, partly from the Army
and partly from civil lll'e, who had ex
pressed find signed their willingness to
submit themselves to experiments, nnd
one or two of the mVdlcal men also vol
unteered. Into the comrartmcnt with the 15
nmsifiiitos a non-immune went In the
morning. In the afternoon and on the
following morning and submitted him
self to the bite. Within live days he
had the disease. At the same time In
the adjacent compartment, which was
simply screened from these mnsqultos
by a wire netting, for 21 consecutive
nights two non-immunes slept. They
did not get the disease. This series of
experiments had already revolutionized
life In those regions. ll'.vann within
the next two years was cleared of yel
low fever, the first time In the IMO
of Its existence.
Stamped Out 1n Panama.
Dr. Osier added that the discovery of
the malarial parasite and the dlscm2T
of the relations of yellow fever with the
mosquito would enable the Panama
Canal to be built. Without those two
Investigations the probability was that
It could not he built, or. If built, would
cost a tremendous sacrlllce of human
life. Now there are LtURU Milt' .1 on the
Isthmus at work: or course, nearly all
of these are non-immune. ' There has
I .. I.... II rtr 'rlfrtW fuvtT Rllll.
what Is much more important, because
It was not the yellow lever that Kllien
the French to the same extent, there la
no malaria.
Dr. 'Osier declared that there win
nothing else In the whole development
nr t,n n.-lttuh notion that would have so
much Importance as. the discovery of the
mode of transmission 01 maiarui.
was going to make the tropics habitable.
..it t.i i....t ...ttun (dimit throned the
UII mm mm
experimental method and the experi
mental spirit. The experimental Inves
t'gatlon Into the Interaction between the
mosquito and man producing yellow
f.-ver would never nave neeu uiuusm
If it had not been for previous experi
ments on animals.
WILL VISIT COPENHAGEN
i:nRlifli KlHR and Queen Plan a
YuclitliiK Trip.
I-ONDON. April 11. -(Special. 1 Accord-
in., to nresent arrangements, the King
and Queen will proceed this month la
Copenhagen on board the yaeni viewria.
and Albert, which vessel will afterward
convey them tlirougll me nnuim 10 vmm-
tlania. There Is no truth In the report
that their majesties are to visit Stock
holm which Is an absurd fabrication, ais
foreign sovereigns could not be received
as state guests at any court during a per
iod of deep mourning. The King and
(Jueerr are to stay at Copenhagen for
three days, which will be occupier! wnu
a variety of oltlclal ceremonials and court
entertainments. The King has promised
to Inspect the regiment of Danish Hus
sars, of which he 1h honorary Colonel.
During their stay the King and yueen
will pay a visit to her majesty's new resi
dence on the Sound, near Klampenborg,
the Villa Hvldore.
A newspaper announces that the King
has takerr "hi rgnlf clubs to HI 11 rrllz.' '
and that he- will spend tine mornings on
the links. It so happens that the King Is
not a golfer. The only outdoor game
played hy King Rdwnrd rs croquet, w hich
he likes very much.
ir TlKer-HlllliiR Record.
CAI.Ct'TTA. April 11. (Special.) A
record In tlger-shootlng has been estab
lished by the feat of his Highness Nawah
Mohamed Masrullah Khan Bahadur,
heir-apparent of Ilhopul. It Is reported
that he recently killed nine tigers in two
days. Once In a single beat of a Jungle
four tigers appeared and wee ahot dead
In five minutes, and on the eeeond occa
sion Ave tigers fell to His Highness'
rifle in one ninlit.