nrrvn I V ATwnAVT V BftUTT VT Till V -! 1011. 1 Jtm BUaiAl UaCllTUJlAHi X V,H,AJ,.TLJ--t aaaaas PORTLAND. OREGON. Entered at Portland. Oregon. Postoffice as Scond-clau matter. Bubscnptlon Rate Invariably In Advance (By Mall) Daily. Sunday Included, one year Dally. Sunday Included, ilx months Dally. Sunday Included, three montha.. z.-o Dally. Sunday Included, one month Dally, without Sunday, one year o.vv Dally, without Sunday. six months Daily, without Sunday, three montha... M Dally, without Sunday, one month Weekly, one year JJ5 bunday, one year Jrr. Sunday and Weekly, one year -QU (BY CARRIKR) Dally. Sunday Included, one year CimHav lneli,t,-rt nnn month -TS Hw to Remit Send Postoffice money or der. express order or personal check on your local bank. Stampa. coin or currency are at sender's risk. Glvo poatorrice aaaress i ' PiMrnr Kate n to IB Darei. 1 cent; 18 94 m vi m i rmces. 3 cents. BA . ftn a.. J eenta- til! tO 76 DagCS, 9 centa; ?S to K 'pages. U cents. Foreign post age, double rates. . KaMcrn Business Offices Verree & Coni K lin. New York. Brunswick building. Chi cago, Steger building. fcan Francisco Office R. J. Bldwell Co.. 74a Market street. , PORTLAND, SUNDAY. JULY 28, 1814. ABE THEY IN DANGER OF PRISON Attorney McReynolds' civil suit for dissolution of the New Haven rail road and steamship merger under the anti-trust law promises to be the principal of a series of lawsuits which will occupy not only Federal but state courts for several years. The present suit is for separation of the New Ha ven from the Boston & Maine Rail road, the Connecticut & Rhode Island trolley lines and the New England & Long Island coast steamship lines. A criminal prosecution against the di rectors under the Federal anti-trust law is also threatened for conspiracy in forming the merger. Civil suits have already been begun by New Haven stockholders against directors for recovery of the money of which they were defrauded by the Morgan management. State criminal prosecu tions of those guilty of these frauds are also threatened, but these were offenses against the laws of New York, Massachusetts and Connecticut, and the prosecutions must be brought in the courts of those states. Thus we may expect both civil and criminal proceedings in the Federal courts and in the courts of the three states named. Little doubt is entertained that the United States Supreme Court will hold the merger of the several other properties with the New Haven to have been illegal. The trolley and steamship lines were clearly competi tive, but the Springfield Republican maintains that the Boston & Maine was only slightly so. as but a small proportion of its traffic was competi tive with the New Haven, and as the two systems were complementary of each other rather than competitive prior to the merger. That paper holds that until the dissolution of the Har riman merger was ordered there was reasonable doubt whether the merger of two roads so slightly competitive was illegal. Before the Harriman decision, Attorney-General Wicker sham was so doubtful of success against the New Haven merger, since Massachusetts had sanctioned It, that he withdrew the suit for its dissolu tion. The Republican, therefore, ex presses the opinion that, as the result of criminal prosecutions by the Gov ernment under the Sherman law. "no director will ever be landed in Jail." The Republican seems to overlook several facts in reaching this conclu sion. One is that the prosecution will relate not only to the Boston & Maine merger, but to the absorption of the trolley and steamship lines and of the Westchester road, which were a clear reaching after monopoly, and to the fraudulent operations by which the merger was effected. A jury will have before it all the Jugglery with Billard and with various holding and subsidiary companies, the deal with Byrnes, .the excessive prices and com missions paid. It will have to consider not merely the recently established crime of combination in restraint of trade, but the fact that numerous acts of a character which for ages have been punished with prison sentences were committed in order to accom plish the main purpose. It will have before it the disastrous consequences of the conspiracy a splendid, lucrative property brought to the verge of bankruptcy and many of Its stockholders reduced to poverty. In Judging of the criminality of a con spiracy, a Judge and Jury consider all its incidents, all its results and all the means adopted to effect it. They can not fall to see that the New Haven conspiracy was as black a crime in the field of monopoly as was the dy namiting ironworkers' conspiracy in the field of violence. The conviction has also been gain ing ground In the public mind that thV time has come to" put violators of the anti-trust law in prison. Juries have convicted the Naval Stores Com pany and the National Cash Register officials in criminal prosecutions, and courts have imposed prison sentences In these cases. Though appeals have delayed or prevented execution of sentences, it has been proved that Juries are getting into the frame of mind where they will convict in such cases. The New Haven case sur passes either of those named in the enormity of the offenses charged. If ever there was cause to show no mercy, it is in this case. Should the New Haven officials avoid prison through the leniency of a Federal Judge or a Federal Jury, they would still have to run the gauntlet of the criminal courts In the states whose citizens they have de frauded. The wronged stockholders are so many and are so scattered among the people of small means in New England that the consequences of the conspiracy cannot but influence the temper of Juries in that section of the country. The best hope of the guilty is that they may slip out of the law's net through some legal trick or may delay decision until public indig nation cools and until that sympathy which so readily confounds the prose cuted with the persecuted becomes active. The- Oregonian is upbraided for villainously assailing" Dr. C. J. Smith because it ventured mildly to suggest, the other day. that he probably would not be able to declare himself on the subject of prohibition until the return of Governor West to Oregon. In other words. The Oregonian Is accused of intimating that Candidate Smith Is "controlled." Precisely. For that is what candidate Smith has himself in- 1 uicated. He is the Residuary Legatee, i He Is for the West policies. He says so. What are they? Who knows so well as the great originator of the West policies? Candidate Smith can, of course, have r.o other reason for delay in answering Mr. URen's letter than that ha desires to consult the Governor and get a new and authori tative interpretation of the West pol icy on prohibition. SALE OF THE EVENING TELEGRAM. The Evening Telegram has been sold by The Oregonian Publishing Company to John E. Wheeler, L R. Wheeler and John F. CarroLl. The transfer has already been made, so that the first issue of the Telegram under its new ownership will be made tomorrow evening. The paper will continue to be published from its present quarters until a separate me chanical and business plant can be procured and installed; but The Telegram is now under the inde pendent control and direction of the purchasers. The Wheeler brothers are timber men who have large interests in the Northwest. J. E. Wheeler is presi dent of the McCormick Lumber Com pany, and is a director of the Lum bermen's National Bank. He has been a resident of Portland for about nine years, and has become prominently identified with various public move ments. L. R. Wheeler, who was grad uated from Yale a year or so ago, has recently made his residence in Port land and has joined his brother in his several enterprises. Mr. Carroll will continue as editor and manager of The Telegram. He has been in charge of the paper for the past eight years. He had previ ously had a wide newspaper experi ence in the Middle West, where he became well known and is still well remembered. He has acquired in the Northwest a high position as a Jour nalist of skill, energy, character and capacity. He has a very large per sonal acquaintance and a thorough understanding of the needs and inter ests of all parts of Oregon. He has an exceptional grasp of public prob lems and a sincere and eager desire to Improve the social condition of his fellows. He has ideals, and the cour age to uphold and the ability to de fend them. With his personal and professional equipment, and with the support of associates of such excellent repute, It may confidently be expect ed that he will make of his newspaper both a great force and a prosperous property. The Oregonian Publishing Company severs its relations with Mr. Carroll regretfully; but it is pleased to feel that for the Evening Telegram, which has been its own for so long a time, there will under Mr. Carroll be no lowering of Journalistic standards and no loss, but decided gain, to the public. WHY DOES MEAT STILL GO UP? Once more an Inquiry Is begun Into the question: Why does the price of meat still rise? The bars have been thrown down which limited foreign imports. Cargoes of meat have been coming in from Argentina. A New York Importer of beef from that country says that, but for these im ports, the price of beef would be 4 cents a pound higher, but he adds that If he could get cars he could sup ply it at 3 to 5 cents a pound under the domestic price. The old explanation of the advance in meat prices is offered, that, while population has increased 21 per cent between 1900 and 1910, the number of cattle decreased 9 per cent, swine 1 V per cent and sheep 15 per cent. We are also Informed that the ratio of animals to population has decreased from 0.67 of one animal per capita in 1900 to 0.36 in 1914, while the average yearly consumption of beef per capita is now three pounds more than In 1900. We are reminded that in consequence of the short corn crop last year farmers rushed cattle to market, thus reducing the supply, while, now that they have a good corn crop in prospect, they are holding what cattle they have left. One would naturally suppose that, with prices high and supply short, the time-honored law of supply and de mand would cause more people to engage In beef production. The state ment that the range is exhausted or enclosed is no sufficient answer, for more and better beef for a given area can be grown on the farm than on the range, and the greater quantity and the higher price compensate for the higher value of the land and the greater expense involved In growing forage. Then why is there no boom In cattle-growing, as there has been, for example, in apple-growing in the Northwest? The explanation seems to be that the cattle-grower has practically but one customer the beef trust and that this one company owns almost all the means of carrying beef, so that any competitors who try to get in are at an immense disadvantage. The Importer from Argentina mentioned above Is quoted as having said in let ters to the Department of Agriculture and to the Interstate Commerce Com mission, that the transportation sys tems seemed to be in league to prevent the distribution of South American beef throughout the United States and by their action had prevented a pos sible reduction in the cost of meat to the consumer. Officials of the rail roads deny that they have discrimi nated against South American meat shipments and say that they have promptly filled all orders for cars for that traffic and are anxious to get all the freight of any kind they can carry. But this paragraph in the New York Sun exposes the "nigger in the woodpile": The Pennsylvania's transportation officials admitted that the American roads were not well equlppped to handle the South Amer ican chilled meat business, as Armour. Swift, Sulzberger and the other big packing con cerns provide their own refrigerator cars. At the same time, they said, their facilities even now are ample to handle all the busi ness offered. A Lackawanna official, too, says his road "will be delighted to carry all the Argentine beef it can" and "is after all the freight it can get," but he continues: We can't, however, ship It In the private refrigerator cars owned by the big packers like the Swifts and the Armours. They would not allow a competitor to use their prop erty. No railroad can afford to fit up refrigera tor cars to carry meat unless it is going to be assured that it will have plenty of meat to fill them. It costs a good deal to build refrigerator cars, for they have to be spe cially constructed, with places for" Ice, heavy beams, hooka, etc. At present, with the pack ers using their own cars to carry beef, we have no demand for refrigerator cars of that sort. However, let anyone assure us that there will be continued importations of Ar gentine beef that will require us to fit up refrigerator cars and we win be glad to do so at once. It is easy to reason out from these statements the basis of the beef trust's control of the meat supply. A specially-equipped, expensive car is required. Ice is necessary at frequent intervals along railroads. The pack ers, seeing the power they gain, pro vide these facilities themselves and have cars always ready to hand. The railroads, finding practically the only shippers in this line ready to relieve them of the necessity of making a heavy investment in equipment, glad ly consent and pay the packers a lib eral mileage on their cars. When competitors enter the field, the rail roads have few, if any, cars available for their use. The Chicago packers have also chartered a large part of the space on refrigerator ships plying to Buenos Ayres. They have packing houses in Argentina, and probably by the time' American railroads were equipped to carry beef of independent Importers the trust would control the Argentine supply. If the American people wish to se cure an enlarged supply of meat at a lower price, they will need to find a way to take control of the means of carrying beef away from the packers and to place refrigerator cars at the disposal of all shippers on equal terms. Then successful competition with the trust may spring up and the farmers, assured of more than -one customer, will be encouraged to grow more beef. ANOTHER SHORT CUT MADE. Man has circumvented another ob stacle put in his way by nature, since a canal- has been cut through the Isthmus which unites the Cape Cod peninsula to the mainland of Massa chusetts. Not only will coasting ships save much distance by taking this short cut instead of going around the Cape, but they will avoid the storms which rage around that headland, where the bones of many men and many ships have been left to bleach. The canal has been cut by a private corporation from Sandwich on Cape Cod Bay to Bourne on Buzzards Bay, a distance of eight miles. It is 300 feet wide and twenty feet deep and will in a few months be deepened to twenty-five feet. It will get much of the coasting steamer, schooner and barge traffic, though the tolls are pronounced heavy. Doubtless as the owners learn that lower tolls will at tract a much larger traffic, they will reduce the rates to a figure which wHl attract the great bulk of shipping, except in fair weather. Short cuts are being made all over the world. The greatest is the Pan ama Canal, which does away with the long, stormy passage around Cape Horn or through Magellan's Strait. Second only to Panama is the Suez Canal, which saves ships bound from Europe for Asiatic and Australian ports the long circuit of the Cape of Good Hope. Of lesser importance are the Kiel Canal, which pierces the Danish peninsula and avoids the voy age around the Skaggerack and Cat ro.r!t in nnsslncr between the North and Baltic Seas; and the Corinth Canal, which cuts across the Isthmus of that name, forming a direct route frrvm the Aeeean to the Ionian Sea In place of the circuit around the Greek peninsula. Some men look forward to the completion of a waterway skirt ing the Atlantic Coast from Boston far into the Southern states by con rivers with short canals, ex cept for an occasional dart into shel tered open waters like those or wng Island Sound and Chesapeake Bay. Here we see a tendency to turn to iraiw transportation, a reaction from the supremacy of the railroad. ' AN OFFER. Voaterdav in a letter to The Ore- Mr F. M. Gill showed in a concrete example how the adoption of the 11500 exemption would make harder the lot of the man who has Just taken over a run-down farm having few or no improvements there on, while his already prosperous neighbor would have his taxes de creased. Thp letter was similar to numerous other arguments advanced against this measure, not one oi wnicn, mat we now recall, has, except by appeals to prejudice, or impugnment of mo tives, been answered. A few days ago THe oregonian quoted the leading exponent of the amendment as saying that the land lord passes his taxes on to the renter and it pointed out that there would he no evemntlon under the Droposeii amendment on rented property that in fact taxes thereon wouia De in creased as a result of its adoption and thereby fall in greater force on tne renter. What was the reply of the leading exponent of the amendment? t ,-c Tnrlv a r-hallenae of The Ore- gonian's interest in the renter. Not one word was said by this rriena or a measure proffered as a poor man's amendment to refute or destroy the conclusion that Its adoption would burden the lot of those who form a large per cent of the pool' the renters. It was characteristic of the support ers of the measure. fh ararument Dresented for publi cation in, the state pamphlet is of sim ilar order. It makes the bald asser ting that the amendment would bene fit the poor, but does not say how. It speaks sneeringly of great iana owners" and "special privilege." Moreover it contains false and mis leading statements which The Orego nian will from time to time point out. Severn! organizations, bv commit tee or otherwise, have Indorsed this measure. Among them are tne Grange, the Electrical Workers and the rnrr,enters. These organizations owe to their members and to the pub lic an explanation or tneir position. A statement would be in order of their nninlon as to the totalamount of property that would De exempiea under the amendment; as to the In crease in tax levy that would neces sarily result; as to the identity of those who would suffer and of those who would profit by the change in rate; as to how it. would affect the renter, and affect such land-buyers who must postpone improvements until they have acquired larger equity than they now own. Above all they should tell why, in their opinion, some should contribute more to the public revenues than they now do and why some should contribute less. In the argument prepared for the state pamphlet it is asserted that statements in opposition to this amendment are "for the most part in such publications and under such cir cumstances as to give no opportunity for reply." In refutation of this charge The Oregonian, which is one of the publications that has been printing opposing arguments, hereby offers to the Grange, or the Electrical Workers', or Carpenters' organization, or any other organization that is not political or composed of professional agitators, reasonable space in which to discuss this amendment affirma tively. By discussion is meant calm, sincere argument and truthful rea sons, not appeals to prejudice or charges of ulterior influence. HIS IDEA OF ECONOMY. The Democratic candidate for Gov ernor. Dr. Smith, made a speech be fore the Albany Chautauqua on "The Business Side of State Government." Among other things, he referred with enthusiasm to the respective admin istrations of Governor Chamberlain and Governor West, ana? said: "We had during all that time a Republican Legislature, with an overwhelming majority, who passed whatever they pleased, and piled up appropriation after appropriation on the people, and if It had not been for Governor Chamberlain and Governor Vest the state would have been out two or three mllflon dollars more than they have been as a consequence." Dr. Smith was a member of the State Senate from 1902 to 1910 (four regular sessions). The period em braced all the time (1903-1909) dur ing which Mr. Chamberlain was Gov ernor. Governor Chamberlain vetoed, according to Dr. Smith, 110 bills, "thereby saving to the state about 21,000,000." But how many bills did State Sen ator Smith endeavor to veto in this time by his vote as a legislator? He had the opportunity to record his protest against any item in any meas ure, by offer of amendment, or other wise. How often did he take advan tage of the opportunity to record himself against the legislative extrav agance which he now deplores? THE WAVE RLE Y CENTENARY. Waverley, the first of Sir Walter Scott's great novels, was published in July, 1814, Just one hundred years ago. This notable centenary is re ceiving some attention from booklov ers in various parts of the world, but not so much as it deserves. Scott's novels really began the modern liking for fiction in English-speaking coun tries. Before his day there had been plenty of novels but they made no universal appeal. Richardson's inter minable tales appealed to a sentimen talism which quickly passed away. They profoundly affected the history of literature in England and all Eu rope, but they never were read by the people. Tom Jones strikes nearer the mark but its indelicacies of lan guage exclude it from the family cir cle. Whoever reads Fielding usually prefers to read him alone. Jane Aus ten's first novels were published some years after Waverley appeared. We see, therefore, that Scott created the taste which his voluminous stories sat isfied so innocently and so well. In a measure he dissipated the Puritan prejudice against works of fiction which still survives in quiet nooks. Everybody can remember a time when it was seriously debated whether it was a sin to read novels. They were placed in the dubious category with cards, dancing and the theater. People of serious minds shunned them. Scott made fiction respectable, as one writer puts it. He began the upbuilding of that popular taste for novel-reading which has made pos sible the mammoth editions of current best sellers. Whether by so doin,,- he realy benefited literature is, of course, another question. Certainly no greater books have been written since his time than before it. The author of Wa verley avoided in his works those in decent expressions which are so com mon In earlier novels. This "purity" made him acceptable to the taste of Victorian chaperones who could read his books aloud without danger of stumbling unawares upon risky pas sages. The fashion which he set in this particular has been followed by pretty nearly all the other British and American novelists up to the present day. A new fashion has now set in which takes Fielding and Smollett for models, but there is some doubt about its duration. The repug nance of the Anglo-Saxon mind to outspoken discussion of certain sub jects seems to be invincible. Scott was the great father of ro mantic fiction. His turn for that style of writing was partly inborn, partly acquired from the Germans whose lit erature he loved and cultivated. The tales of old Sco'tland and its border feuds might never have fructified in his mind if he had not read the Ger man romanticists, but once he had discovered the vein he worked it dili gently and with astonishing success. The first edition of Waverley consist ed of 1000 copies and the price was a guinea and a half, equivalent to seven dollars and a half. To our modern minds this is a pretty stiff price for a novel, even for one in three volumes, but Scott's contemporaries did not balk at it. The edition sold out in a week or two and another 2000 copies followed it swiftly. Since the subse quent Waverley novels sold as well as the first one or better, it is easy to see where Scott obtained the means to live in baronial pomp at Abbotts ford. Two books a year were suffi cient to keep his household in splen dor. After the bankruptcy of his pub. Ushers he paid off an enormous debt with his pen, although his productive vigor had by that time begun to fail a little. It is likely that Scott's novels have been more popular among men than among women. The bloodshed which smears many of his pages does not especially charm the feminine imag ination, which prefers sentimental ac counts of intrigue and love-malting. Scott's romanticism was of a virile type. It did not exclude love-making but it certainly reduced that delight ful pastime to its lowest terms. He liked better to describe sieges and hairbreadth escapes from death. He had romantic ideals galore, but they concerned tournaments, knights In armor and border forays more than they did sweet lispings in boudoirs. The poems, which preceded the novels for the most part, pleased women bet ter and are more read in schools to this day. The sugary lilt of "The Lady of the Lake" is singularly adapt ed to the preferences of unmarried teachers and they naturally impose it upon their charges. As time passes Scott is growing comparatively unpopular. Immense editions of the Waverley Novels are still published and sold but they are more for ornament than use. No library is complete without its Scott but when the owner of the library wants to sit down and read he ehooses Balzac or Dickens, or if his taste is a little more delicate chooses Jane Austen. Scott's history is as false as possible and what has been called "the social spirit" does not exist in his books. The world that he por trays was composed entirely of knights and dames of high degree, with only such underlings as were indispensable for their convenience. He presented the shallow and glittering surface of cruel times. Modern readers know a great deal more about the real facts of chivalry, feudalism, armor-clad knights and gay ladies than was known in Scott's day and they find his pictures painfully inadequate. j(He no, one nt the greatest story-tellers who ever lived and his books are read nowadays for plot and narrative when they are read at all. .Nobody expects to find any particular depth of thought or accuracy of social knowledge in them. If we can forget how utterly false they are to reality it is still pos sible to enjoy them but the ordinary novel reader naturally prefers to spend his time upon stories which contain more of the truth of life. PLUCKING THE EFFICIENT. Recent retirement of some of the ablest and most efficient officers of the Navy by the "plucking board" has focused public attention on the defects of that system and promises to bring about a decided change. The "plucking board" was established to remedy one evil, but has done so by substituting another evil equally great. The purpose was to open the way for more rapid promotion, in order that officers might reach the highest positions while they were at the height of their mental and physical powers. There was already provision for retirement on attaining a certain age, but the way up the ladder was so choked that a man did not become commander of a ship or a squadron until he was near that age. In order to move officers along faster, it was decided that, unless forty vacancies occurred yearly by death or resigna tion, enough more vacancies to make that number should be created by forcible retirement. The purpose was to pick out the dead wood, and the plucking board was to swing the ax. But it is composed of Naval officers, who, though sworn to decide without prejudice and to have In view only efficiency and fitness, have obviously been inspired in some Instances by professional jealousy or personal likes and dislikes. The most marked recent example of the pernicious working of the plucking system Is the case of Cap tain John H. Gibbons. He has been commended by ex-President Roose velt, who frequently consulted him when Captain Gibbons was In com mand of the Dolphin and who pro nounces him a man of marked effi ciency. He has won gunnery trophies on two ships he has commanded. By his coolness and daring in the Apia hurricane he was the means of saving many lives on the Vandalla. He served with distinction in Cuba, the Philippines and at Vera Cruz. Of his thirty-five years in the service, eigh teen and one-half have been spent at sea. He commanded the 3000 blue Jackets on shore while the Navy po liced Vera Cruz. He was fit to be trusted with the dreadnought Utah, but he had no sooner brought his ship Into port than he received notice of his dismissal. In spite of this record, Rear-Admiral Knight, a member of the "plucking board," told the House Na val committee that Captain Gibbons and four other Captains who shared his fate had "added absolutely noth ing to the efficiency of the Navy, but detracted from efficiency." He ad mitted that Captain Gibbons' record was flawless, but said the Captain had been at sea only three of the last thir teen years and had contributed noth ing material to the advancement of naval science. This is the man whom Colonel Roosevelt, while President, "consulted about questions of equip ment, direction and general policy" and whom he would have been "de lighted to see in a position of respon sibility and command" in war. The "plucking board" has so obvi ously worked against retention of highly efficient officers in the Navy that it stands condemned. Congress Is almost sure to restore several of its most recent victims to the service. Congress needs to go further and to revise the whole system of promotion and retirement. A body so lifted above the prejudices of the service that It can act with impartiality is needed In place of the board one that will not throw on the scrap-heap men who are at the height of their powers, nor keep an officer on shore service for many years and then make lack of sea service an excuse for his retire ment. No hard and fast line can be drawn as to age. Some men are worn out at 50; others have performed their most notable feats of generalship and statesmanship at 80. It should not be permitted, as Admiral Knight con fessed to be the case, that two offi cers whose records were marred by charges of intoxication are retained In the service, while men of flawless records are retired. Such anomalies savor of favoritism and spite. We need a system which will give the Government the full benefit of Its in vestment In an officer's education and training and which will keep alive, not smother, his ambition. FAIR WEATHER IN BUSINESS. Added to the assurance of a phenomenal wheat crop, for which farmers will get good prices In con sequence of short crops In Europe and India and of a small carry-over from last year, there is now the daily improving prospect of a corn crop above the average. The average con dition of corn on July 1 was re ported by the Government to be 1 per cent above the July average for the past ten years, and the forecast was that the crop would be exceeded by those of only three years during that period. Though a better condi tion on July 1, 1913, was followed by a disastrously short crop, the fields were then short of moisture, and the corn was already beginning to wither. This year, on the other hand, corn entered the critical growing period beginning with the last three weeks of July after abundunt rain, which put It in excellent condition to with stand heat. The Government was thus justified in pronouncing the con dition "in the main ideal." The com shortage of last year, when the crop was the smallest in eleven years, was in part responsible for the depression of the past six months, as was the crop failure of 1894 partially for the continuation of hard times through 1895. The prospect held out that the five principal grains would yield the second largest aggregate crop on rec ord, 13 per cent above that of last year, has certainly stimulated busi ness. This is already apparent at various points. Bank clearings of the United States for the first six months of 1914 were 1.4 per cent below those of the same period of 1913, but In the first week of July they Increased 3.4 per cent and in the second week 14.3 per cent, attaining the largest total for that week in history. As a Chi cago financial writer points out, "There have been no speculation or inflation or new flotations to swell the figures this year; they must rep resent actual business." As to the steel trade, the hitherto gloomy Iron Age admits that "the corner seems to have been turned at last." The trust's nnflllerl nrriera HI the end f June showed an increase for the first time since February. The generally ex pressed opinion In Pittsburg, accord ing to the New York Evening Post, is that "the second half-year will show a much larger tonnage than the first half with eventually a somewhat higher level of prices." In anticipa tion of this Improvement many mills insist on higher prices for the fourth quarter of the year. A conservative Phlladelphian says that while mills and factories are not operating at over 60 per cent of capacity, this Is S per cent more than a month ago and that Philadelphia houses which have been sounding conditions in the Mid dle West "declare prospects to be for the best volume of business in three years." Railroads are assured of a heavy traffic which will tax their fa cilities and will surely end the period of decrease and open a period of In crease in net earnings. The world's money market has been eased by the successful floating of the French loan, though adverse Influences are the unsuccessful offer ing of Greek and Turkish loans In Paris and Brazil's financial troubles. It is suggested, however, that the for mer circumstance Is due t,o an under standing among European bankers that they will not put any Balkan state in a position to break the peace again. One -London correspondent says the sentiment there is "one of moderate cheerfulness," while an other predicts "a prolonged period of cheap money." In short, this country has entered upon a period of steadily increasing activity In manufacturing and mer chandising. When Congress finishes Its work on the anti-trust bills, finan ciers will know better under what legal conditions they must do busi ness and, encouraged by an easy money market, will launch new en terprises and supply funds for rail road Improvements. Thus all the signs point to a period of business ac tivity as great as and more prolonged than the period of depression from whla.li we have Just emerged. The sale of property on the Colum bia River to a man who Intends to develop Its scenic beauties follows so quickly on the assurance that the Co lumbia Highway will be constructed from Hood River to the sea that the two facts clearly have the relation of cause and effect. As a field for sub urban and country homes where one can enjoy pure air and water, outdoor life and the Inspiration which na ture's grandeur affords, the Columbia far surpasses the storied Rhine, the Thames and the Arno, over which poets have raved. It needed only to be made accessible by a good highway In order to come Into Its own. The same highway will furnish an eco nomical outlet to market for the prod ucts of the valley and will also create a local market among those who set tle along the river's banks. There is a kind of Journalistic monomania In Oregon that finds ex pression In continued assaults on The Oregoniart. Just now a Portland newspaper of growing unimportance is giving dally exhibitions of its ob session, which Is a frenzied phenome non of bad temper, declining influ ence, disappointed hopes and mali cious desire to injure. That part of the public which reads the columns of The Oregonlan's angry critic must be getting very weary. The Oregonian, however, could scarcely hope for bet ter fortune than that the painful ex hibitions continue. If our National House of Repre sentatives is wise it will drop the Peary-Cook controversy. The matter has already been decided by compe tent authorities. Congressmen have no authority to decide who discovered the North Pole and they are not com petent to exercise It If they had. Should they award the merit to Dr. Cook, the world would smile and ask, "What will their next folly be?" They are better employed passing silly la-. Annie Bell makes a lively prisoner. The London magistrate who tried her the other day must have smiled if he was a philosopher or wept If he was merely an ordinary, humdrum func tionary of the law Annie, who Is a militant, sang the "Marseillaise" in court and fought the bailiffs. When she was not singing and fighting she was guying the magistrate. Is there any parallel in all history to these unconquerable suffragettes? Years ago, during the heated terra In the Upper Mississippi Valley, peo ple were merely prostrated. Now a scientific chap dLscovers that high voltage in the air. caused by excessive humidity, produces Insanity. Before such condition ensues, those liable would better come to this Coast, where the affliction Is unknown. What sort of telephone service must Dorchester have when the girls must Jump on the desk every few minutes, gather their skirts around them and scream at the advent of a mouse? If any phones are connected when this happens, the subscribers must Imagine themselves connected with an Insane asylum or a Holy Roller meeting. Since the secret machinery of the loan sharks has been exposed, the cities where they operate should have no difficulty In keeping them on the run. Their best protection seems to have been their victims' dread of ex posure in the courts, but this is de stroyed by seizure of their books. While the Industrial Relations Commission Is collecting abstract opinions on the causes of unrest, there are some concrete facts in the Colo rado strike and In the threatened rail road strike which might better engage Its attention. The New York campaign promises to be fought largely In the courts. If both Colonel Roosevelt and Mr. Barnes mean what they say. That Is the fashion, as set in Paris by the Calllaux trial. Mexican factions find little difficul ty in pulling together until they get possession of the spoils. We shall see what will happen when they have possession and begin to discuss the division. The popular Impression being that care, not a germ, whitens the hair, Joseph Buettgenbach could have made several million dollars by removing that cause. Mrs. Belmont's display of the loot of Pekin had a parallel in the spoils of victory which adorned a royal triumph. The Balkan cauldron threatens to boll over again. Gleams Through the Mist By Uranj n. Dame Tort une Is a fickle Jade. For 1 have wooed her long. Yet. spit of all the prayers I mad. She give her smiles to Strong Bill Strong, who and to plsy with me In boyhood's era fan Today I'm mostly broka. while ha. Well, he's a millionaire. Dame Fortune Is a fickle Jade. She picked on Strong to win. And spite of all the tries I made, 1 never could get in. And Bill, who used to play with ms In boyhood's era fair. Is clean outside my plane for ha. Well, he's a mllllonalra. I oft remember. In the day When Summer swoons Is heat. That big and bully place In play. The swimming hole's retreat. Why. Bill would dabble In the mud With all us fellows there. Oulltlasa of wealth or rank or dud. This future mllllonalra. And now when ha goaa honking Vy In his expensive car. I let him pass without a alga; For Juat Fate'a rulings are. And though Immense his triumphs be. Their daasle waxes dim Beside the one Fate granted me. In boyhood, over him. I wateh him pass, and do not sigh: But back my mem'rles roll; I sea the twinkling ripples II t'pon the swimming hole, 1 recollect and It enchant My soul, that picture fair Once I tied knots Int., the pants Of Strang, the millionaire a "Sir," said the courteous offles boy. "do I have to get Into your colyum every week?" Yes. my son." I replied gently but firmly. "And yet," meditated the C. O. B, striking a Hackenachmldt poas. "one would scarcely notlca that I am a weekly boy " "No." 1 gritted, "but If you pull off anothar like that you will bs." And I rang for an ambulancs and went out to look for a club. The Sporting Kdltor has ths kid In terested In developing hi musrla all right, but his Idea of wit and humor gets worse every day. ftkTJtat It Oa. She married when her love was blind. Now Cupid gets the blame. She wishes she had changed her mind. Before she changed her name. Courier -Journal. She jilted him when poor. oh. shame! Now he ts rich, wa find. She wishes she had changed her name Before ahe changed her mind. e Forecast for Asinil. Professor tl. Pythagoras Blmslack, the prominent rag-time astrologer and savant, sends the follow ing dissertation and forecast for August: August received Its name because of the similarity of ambition betwaen Julius Caesar Esq.- Aug. Caeaar. his successor, and 1'. T. Ilnriium. who was not personally acquaint,! with elthsi, but had much t!ie aama Ideas. J. Caesar first rscognlied that al manacs were destined to bs In every well I SgSlSlSl home, and grabbed the seventh month of the year, naming It "July" after hlmaslf. "It never hurts to havs your nam In print." he said, beating P. T Bar num to It by 2000 years, and now Jul ius is known wherevnr patent pain killer In advertised or pink pills possess almanac publicity. Augustus Caeaar was quirk to grasp the same Idea, and ths month follow ing, which he named August after him self. Even In this day I understand that It la a source of regret to the lllg Nolss of Oyster Bay that he overlooked stak ing out a month for himself while hs had the chance. The Scorpion Is the sign that Is bus iest In destinies for August, and practi cally everybody geta atung excepting ths proprietors of high-priced Summnr resorts. Especially does Scorpio watch over the poor bonehead who bats too heavily against the Heavers this month. Hot weather will bs prevalent and the man who work's In ths ice plant will look back without regret upon those dear old days In tha hay field before hs left the farm to saek hla for tunc In the wicked city. see Solraea TbaugM. The fisher cometh home to tall About his luck, throughout the day. And doth aver that It Is well Too bad tha big ones get sway. The Kduratlonal I pllft. Sir: I am educating my son to b a bellhop In a faahtonubla Summer hotel. I should be plesN.d If you can hurry along that movement of yours to have a course In Elementary Piracy In the Public Schools, a I want to give my boy the beat preparation pos sible for his life work. Youra truly. AMBITIOI'S l'ABKNT e Reflection, of N. Mtln. Bettln' hens sln't the only critters that can't always tall ths ssssnllal differences bstween a rhlny doorknob and a regiar egg. The National Guard man that cornea home from the manoovere and baa to put In thres weeka gettln' his feet bsck In shape so as he can stand on m, gats a slant on tha glory of war that we don't find In tha standard poets. pprnslasate History. 71,221 B. C. G. Henry Bonrhook lugs horns s good string of fish, but sures his fellow nntedeluvlsna that ths "biggest ons got away." 7S B. C Eclipse recorded In tha tablets of Nineveh, but no notice of the phenomenon Is wired to Greenwich and the obaervers carelessly neglect to take photogrsphs. 15J0 A. D. Monteiuma retiree from the dictatorship of Mexico and a coun ter revolution begins on schedula time theresfter. 184 A. D. Oregon treaty signed with Great Britain, giving us enough territory to whlttl out several pretty good states and still leave Oregon enough to keep men kicking about the "unearned Increment." 1912 A. D. Suffragette attacks Pre mier of England. 1914 A. P. Suffragotta activities hava advanced to the stage where they now bounce rubber balls on ths hesds of royalty. 1S14 A. D. Mexican situation sim mering down. Looks like things ars about due for another revolution. In the meantime Mexico's space In this column is open for other engagements.