The Sunday Oregonian. (Portland, Ore.) 1881-current, December 10, 1916, Section One, Page 2, Image 2

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    TIIE SUNDAY OREGONIAX, PORTLAND, DECEMBER 10, 191G.
WEBB BILL AFFECTS
LUMBER- INDUSTRY
BUSINESS HIT ONLY
BY CAB SHORTAGE
filled orders have shown such an ac
cumulation, even during the severe car
shortage of 1907.
Charter Rates I'nrhaneed.
"Charter rates on the Pacific are
unchanged, as compared with a month
ago and while in some cases double
those of a year ago. are lower than
In January and February, 1916. Ex
ports from Pacific Coast ports for the
month of September, 1916, show a 30
per cent increase over the correspond
in? month In -1915, while imports in
creased about 55 per cent. Imports in
October exceeded exports by $10,000,000.
"Shipbuilding continues to be one of
the most active industries on the Pa
cific Coast and all the yards are oc
cupied to the limit. New yards have
been constructed and the old yards en
larged to handle the orders."
ARCHBOLD MOST AGGRESSIVE
FIGHTER IN BIG OIL COMBINE
Much Publicity Due to Appearance aa Representative of Company at
Hearings in Connection With Government's Efforts to Dissolve Trust.
Federal Trade Commission
Points Out Advantages in
r - Export Business.
Federal Reserve Board Says
Transportation Would Put
Coast In Fine Shape.
OWE CONCERN. IN ABEYANCE
RAILROADS ARE BLAMED
mi -
t - 3
I
legality of Combination Under Pres
ent laws "Doubted Economies
Made Possible Effect on
Consumer Discussed.
OltECON'IAN NEWS BUREAU. Wash
Inirton, Dec 9. No legislation to come
before Congress this session will be
more important to the Pacific Coast
than the Webb bill, which proposes to
permit kindred American Industries to
combine in the establishment of joint
eeiiiug 1 11 Auicibu i ii- - - i
... n-.. i . . nrli.ua I n t ll 1111A t Tl II T' V t 11 1
1 1 ? ICUiatlV JJ 1 1 V. 1 11 11
This bill already has passed the House,
but Is yet to be considered by the Sen
ate. The bill, however, to be effective,
must be amended In several important
particulars, because the House, while
attempting to perfect the bill, adopted
amendments which actually nullify its
main provision. The damage done by
these hastily considered House amend
ments, however, can be undone before
the bill passes the Senate.
Pacific Coast la Interested.
The Webb bill Is Important to the
Pacific Coast because. If enacted, it
paves the way for the active working
of the newly formed Douglas Fir Ex
ploitation & Export Company, formed
to handle the export trade of manufac
turers of Pacific Coast lumber on a
brokerage commission business. That
newly organized company has not yet
begun operations, mainly because of the
fear of lumbermen that the proposed
plan of co-operative marketing may be
held to be in violation of existing law.
The Webb bill, properly amended, would
sanction this plan of selling Pacific
Coast lumber In foreign markets.
The Federal Trade Commission holds
that It is without power to approve the
plan of the organizers of the Douglas
Fir Exploitation & Export Company,
though some members of the Commis
sion believe the plan proposed Is en
tirely legal. The fact, however, that
the Commission will not rule formally
has resulted In delay In beginning
operations. In a special report just Is
sued the Federal Trade Commission dis
cusses in some detail the scope and
plans of the Douglas Fir Exploitation &
Export Company, which It seems to ap
prove. This report Is one feature of a
general report on co-operation In
American export trade.
Markets to Be Developed.
In its discussion of the new lumber
exportation company, the Trade Com
mission says:
"The purpose of the Douglas Fir Ex
ploitation & Export Company, capital
ized at $200,000, is to handle the export
trade of manufacturers of Pacific. Coast
lumber on a brokerage commission
basis. The corporation will guarantee
the payment of all accounts handled
through it within 10 days after receipt
of complete shipping documents from
the manufacturer. Part of its profits
are to be used In the further develop
ment of foreign markets. It will deal
through the foreign broker, or if found
advisable it will sell direct to the buyer.
"It in planned to control a sufficient
producing capacity of the mills which
saw for export to make it possible for
brokers to accumulate sufficient quan
tities from the mills outside of the
selling agency to compete with it at
cut prices.
Co-operation lVot Complete
"The company has not yet com
menced business. One reason seems to
be that it has not yet been able to se
cure the co-operation of a sufficient
proportion of the export mills. Some
manufacturers have been opposed to
Joining the combination because they
do not believe In the principle on which
It Is founded and consider that It will
be unsuccessful; others are In favor of
the trade extension part of the work
and would be willing to support the
propaganda, but object to having their
lumber sold through the combination.
"A still more Important reason, how
ever, for the Inactivity, of the Douglas
Fir Exploitation & Export Company
Is the question which has been raised
concerning it legality. Although it is
organized solely for the purpose of en
caging In trade in foreign countries,
there is felt to be a possibility that the
character of the organization and some
of its proposed activities might be held
to be in violation of the Sherman anti
trust act and of certain parts of the
Clayton act. It is apparently their
doubt as to the legality ol the project
wmcn nag deterred many manufac
turers from giving their support.
"While numerous producers have not
been willing to join the combination,
no one was found who thought he
would be injured by it. If the project
worked successfully the export" mills
left outside of the combination would
also benefit by the more stable market
conditions, the propaganda work and
the higher export prices which would
be brought about through its activi
ties." Effect on Consumer Discussed.
Discussing the effect of the proposed
combination on the producer, the report
says:
. "If exportation were stimulated to a
e'ufficient degree, the AmeHcan con
sumer would have either to pay some
advance in the prices of the grades of
lumber demanded by the export trade
or use as a substitute another grade
of lumber, or material other than
wood. In fact, the present competition
of wood substitutes is so acute that It
contributes in considerable degree to
the present depression in the lumber
industry.
"Any attempt to raise domestic prices
by mills whose location forced them to
depend wholly on domestic consump
tion must meet an increased competi
tion from wood substitutes. Any ap
preciable difference in price, due to
the increased exportation, is likely to
be limited to certain high grades for
the few woods whose physical char
acteristics are such that it is difficult
10 find satisfactory substitutes for
them. The practical effect which any
possible appreciation of domestic prices
In such few instances would have on
the domestic market would be relative
ly Insignificant.
""Insofar as the export mills partici
pate also in the domestic rade, they
must meet the prices obtained for
Fimilar stock by the mills'' which are
dependent exclusively upon the do
mestic trade. These prices cannot be
substantially affected by the volume
of exports as long as the mill capacity
is. as today, grreatly in excess of the
actual production.
Actual Conditions Considered.
"The possibility that the proposed
export combinations would or could be
used to the detriment of the producers
who remained outside of them must
also be-considered In the light of the
actual conditions. Obviously the pro
ducers who might be adversely affect
fd would be Jimited to those lo a .posi
tion . to sell lumber for export. The
1 i ii. .i i II t. Tjl '' ' f-fl ' t k
JOHN II, ARCHBOLD.
JOHN D. ARCHBOLD, who died last
Thursday, following an operation
for appendicitis, was almost as
closely Identified with the history of
the Standard Oil as John D, Rockefeller
himself. Of the first nine trustees of
the "trust" formed in 18S2 be alone
remained In his capacity until
its dissolution, in 1911, at the order
of the United States Supreme Court,
and it was he who was named to en
gineer the dissolution, after which he
became president and director of the
Standard Oil Company of New Jersey.
He was the most active and aggres
sive fighter in the oil combine, and
invariably represented the Standard
OH on the witness stand in the numer
ous hearings in connection with, the
Government's suit to dissolve It.
This publicity was still further
heightened by the publication of a score
or more of letters from Mr.. Archbold
to Joseph B. Foraker, then Senator
from Ohio; Representative Joseph C.
Sibley, of Pennsylvania, and other
statesmen showing that large sums
of money bad been distributed for the
alleged purpose of influencing favor
able legislation at Washington. Mr.
Archbold considered them as attorney
fees. The publication of these letters
exposed Mr. Archbold to attack from
every quarteri
Rockefeller's Attention Attracted.
John Dustin Archbold was born at
Leesburg, O, July 26, 184S, and was
working in a country store at Salem,
O., when ha heard of the wonderful
oil regions in Western Pennsylvania
where men were oecoming rich over
night. In 1S64 he went to the oil fields
and became a refiner and buyer at
Titusville. He became the agent of
a. new company, the Acme Company,
which proved to bo an offshoot of the
Rockefeller interests, and from that
time, in 1875, until his death he was
an associate of the Rockefellers.
John D. Rockefeller tells in his
"Random Reminiscences" of how he
first met Mr. Archbold. On stopping
at a hotel, Mr. Rockefeller was struck
by the fact that on the. hotel register
was written In large characters this
inscription:
"John D. Archbold, $4.00 a Bbl."
"Four dollars a barrel" was Mr.
Archbold's battle cry, and though he
did not succeed In putting crude oil
up to 'the figure named, he did suc
ceed In attracting the attention of Mr.
Rockefeller in a a way that led to busi
ness association with the Standard's
interests.
Mr. Archbold was the first man
among his associates to whom Mr.
Rockefeller pays tribute In his rem
iniscences. Among other things, be
said:
Tribute Paid to Sense of Humor.
"Mr. Archtiold has always had a
well-developed sense of humor, and on
one occasion, when he was on the
witness stand, he was asked by the
opposing lawyer:
" ivlr.- Archbold, are you a director
of this company?
" "I am.'
" 'What Is your occupation in this
company?'
" 'To clamor for dividends.' "
It has ben estimated that his for
tune, made almost entirely In oil and
its by-products, was nearly $100,000,000.
Mr. Archbold was one of the best
Informed of men in the details of the
oil business in all its branches, and
he held, according to his own state
ment, that all the practices of the
Standard Oil Company were honorable,
and. ha believed. In conformity to law.
Trust Idea Defended.
"I stand unquestionably," ho said, in
defending the trust idea, "for co-operative
evolution. I believe that the large
corporations of the present day rep
resent more nearly this co-operation
than any other system yet under
taken." Although Mr. Archbold was not par
ticularly conspicuous as a benefactor,
he made many large gifts, including
8400.000 to Syracuse University in one
lump, besides annual donations of
smaller amounts. He was also a
church member and a liberal contribu
tor to religious work. He was mar
ried in 1S70 to Miss Annie Mills, of
Titusville, Pa., and maintained a beau
tiful estate at Cedar Cliff, Tarrytown-on-Hudson,
and r. home at Southamp
ton, Long Island.
way In which they might be adversely
affected would be a ourtailment of the
export market now available to them
through the loss of their foreign cus
tomers to the combination. The only
Inducements by which the combination
could prevail upon such customers to
change would be better treatment,
either In facilities afforded, lower
prices, or both.
j '"Since one of the principal objects
of the selling combinations is to ob
tain higher prices for American lum
ber, the competition between the com
bination and the American producer
outside of it would be principally on
the basis of facilities afforded the for
eign customer. The ability of the com
bination to supply superior facilities
would be dependent upon being able to
operate more economically."
The report discusses economies in
detail. Ability to ship full cargoes,
rapid loading, maintaining of stocks
abroad, elimination of ship brokerages,
a better credit and other factors are
among them.
L LINK IS OFFERED
BOISE-WELIS, KBV, UJiH IS PRO.
POSED TO COMMERCIAL CLUB.
Connection WouM Be Made With West
ern and Southern Pacific Companies
It Plan Materialises.
BOISE. Idaho. Dec, 9. (Special.).
There has just been submitted to the
railroad committee of the Boise Com
mercial Club and to the trustees of
what is known as the citizens' right of
way in Boise a proposal to build a con
necting link of railroad between Wells,
Nev., and Boise via Twin Falls and Bru.
neau. There are said to be men of
high financial standing behind the plan.
A physical connection is to be made
with the Western and Southern Pacific
Railroads if the deal goes through.
The names of the persons making the
proposal have not been made known.
C. R. Shaw, president of the club rail
read committee, declares a straightfor
ward proposition had been made by
persons he had every reason to believe
were responsible, and tlat when the de
tails had been decided upon the plan
would be announced.
The citizens' right of way Is in the
heart of Boise and will be deeded to
parties buidin&T into this city, the trus
tees declare. It has been held in trust
for many years. A cash bonus will also
be given to the builders if the pres
ent plan goes through.
SHARKS PROVIDE LEATHER
Vnited States Government Conduct
ing Experiments.
WASHINGTON. Dec 9. Use of shark
skins as a substitute for leather is be
ing investigated by the United States
Bureau of Fisheries as a possible solu
tion of the high cost of animal skins.
Already, says a bureau statement to
day, an acceptable leather is being
made from shark skins in some foreign
countries, and In the United States
there has been a limited demand for the
skins as coverings for small articles.
Florida fishermen will supply large
shark skins for the experiments.
Native of Jacksonville, Or.,. Dies.
1 SARATOGA, Cal., Dec. 9. Dr. Russel
Hopkins Cool, prominent San Fran
cisco dentist and clubman, died yester
day at his country home near here. He
was stricken with apoplexy while shav
ing and never recovered consciousness.
He was born in Jacksonville, Or., 66
years ago, and is survived by a widow
and stepdaugrhter.
Growers of Apples, Potatoes, Grain,
Citrus Fruit and Oder Products,
. as Well as Lumber Industry,
Affected Adversely,
OREGON! AN NEWS BUREAU. Wash
ington. Dec. 9. But- for the lack of
transportation facilities, the Federal
Reserve Board reports that business
conditions generally on the Pacific Coast
would be in fairly good condition. The
monthly bulletin of the Board, issued
December 5, discussing business condi
tions in the San Francisco or Pacific
Coast reserve district, says:
"With the exception of the ill effects
due to the car shortage and the lack
of ships, conditions In the 12th Federal
reserve district are vary favorable.
This shortage of transportation facili
ties affects growers of apples, potatoes,
citrus fruits, grain and practically all
other products. Steps are being taken
In the Northwest to hold the railroads
liable for any losses incurred, as prices
have declined in some cases because Of
the impossibility of getting the prod
ucts to market. An embargo has again
been placed on certain products by one
important road.
Barley Growers Suffer.
"Barley stocks are exceptionally low
In this locality, ar.d consequently the
prices are ruling high, around $2.20 to
$2.30 per cental, which is 60 to 70 cents
above the average. Such prices restrict
its use aa feed. "For the first time in
the history of California, oats are
being shipped In and sold at prices
below the market for barley. Due to
the shortage In the world wheat crop,
some farmers are holding their grain
in anticipation of such an extraordinary
price as $5 per hundred. Many elevators
are being built in Washington and
Idaho and much grain is being handled
in bulk because of the short supply and
high price of bags.
"This district will produce 36.000,000
bushels of potatoes this year, compared
with 82,000,000 bushels in 1915 -Washington
and California contributing
most. The returns from this crop will
be much above normal, high prices
ruling because of short crops in the
East.
Apple Industry Condition Good.
"The apple industry is In very satis
factory condition, the market being
fairly steady at good prices. The
supply of ready-to-eat fruit In- the
Eastern producing districts is light
this year, while the apple crop of this
district is about 7 per cent above that
of last year.. Many apples are being
shipped to the Orient and Australia.
"Livestock prices continue high and
the outlook very promising. Many
trainloads of cattle are being sent from
Nevada to California for Winter feed
ing on the ranges, but stored feed is
reported as ample.
'The salmon pack of 1916 will equal,
if not exceed, that of 1915. There are
practically no stocks on hand and
prices are advancing rapidly. It is re
ported that a large percentage of
British Columbia's pack has been sold
to the French government as food for
the armies.
'Some improvement la noted in the
condition of the lumber industry over
that of a few months ago. While
actual production is below normal,
orders exceed both actual and normal
production. Unshipped lumber orders
for transcontinental rail shipment now
exceed 9000 carloads. There has not
been a time In recent years when un-
EVERYBODY NEEDS
PURE, RICH BLOOD
Pure blood enables the stomach, liver
and other digestive organs to do their
work properly. Without it they are
sluggish, there is loss of appetite,
sometimes faintness, and, in general,
all the symptoms of dyspepsia.
Pure blood is required by every organ
of the body for the proper performance
of Us' functions.
Hood's Sarsaparilla makes pure blood,
and this is why it is so successful in
the treatment of so many diseases and
ailments. It acts directly on the blood,
ridding it of scrofulous and other
humors. It is a peculiar combination of
blood-purifying, nerve-toning, strength
giving substances. Get it today.
TO RELIEVE CATARRHAL
DEAFNESS AND HEAD
NOISES
V
If you have Catarrhal Deaf
ness or head noises go to your
druggist and get 1 ounce of
Parmint (double strength), and
add. to it U pint of hot water
and 4 ounces of granulated sugar.
Take 1 tablespoonf ul four times
a day.
This will often bring quick
relief from the distressing head
noises. Clogged nostrils should
open, breathing become easy and
the mucus stop dropping into
tho throat. It is easy to pre
pare, costs little and is pleasant
to take. Any one who has
Catarrhal Deafness or head
noises should give this prescrip
tion a trial.
WHISKY SALE PROTESTED
Alaska Women May AsIc President
to Order Contraband Destroyed.
SEWARD, Alaska. Dec 8. Women
temperance workers in Seward will ap
peal by telegraph to Attorney-General
Gregory and Secretary of the Interior
Lane to nullify a judicial order bear
ing the signature of Chief Justice
White, of the United States Supreme
Court, directing that a quantity of con
traband whisky be sold here by the
Federal Marshal at public auction. The
women insist the liquor shpuld be de
stroyed. -
If they fall In their appeal to the
Attorney-General and the Secretary of
the Interior, they intend to submit the
matter to President Wilson.
SUFFRAGE F0E APPOINTED
Favorable Report on Amendment Ira
House May Be Prevented.
WASHINGTON. Dec, 9. Appointment
of Representative Walsh, Of Massachu
setts, to succeed the late Representa
tive Moss, of West Virginia, on the
Judiciary committee may prevent the
Susan B. Anthony suffrage amendment
being favorably reported at this ses
sion of Congress.
Mr. Walsh Is an anti-suff raglst, while
Mr. Moss was a suffrage sympathizer.
The margin in favor of suffrage in the
committee with Mr. Moss voting was
never more than one.
Diamonds and Wrist
Watches Lavallieres
and Brooches
The new flexible Bracelets in gTeen gold and
platinum, Solid Gold Mesh Bags and Vanity Cases.
Men's Solid Gold Belt Buckles and Gents' Flexible
Links.
In Wrist Watches
We are showing the very latest HAMILTONS,
WALTHAMS, ELGINS and all standard European
makes from $12.00 to $250.00. Our special 15
jeweled adjusted in 14k filled case, with second
hand, at $16.00 is the best Wrist Watch in Port,
land for the money.
Exclusive agents for the latest novelty, Carved
Ivory Pendants in all shades and flowers, ranging
from $1.50 to $4.00. -See our special $25, $50, $75
and $100 Diamond Rings.
Give Musical Instruments
THIS XMAS. SEE
McDougall Music Co. -
S2S Alder St, Ongonlan Block.
Jreo Course of Instruction on Every
Instrument Sold.
Buy Furniture This Christmas
Merrily We Go Along!
Seldom, if ever, thinking of the many $ $ $ that could
be saved.
Make this Christmas memorable.
You should give gifts that will be of permanent value.
You want them to stand out above all others.
They should carry the message of your personality.
And be a tribute to the intelligence of its recipient.
. Edwards will care for your every want.
. At the same time giving values unequaled.
And terms to meet your individual need.
' Get away from that question mark and hesitation.
. Come straight to Edwards'; enjoy a little of that at
mosphereof harmony and contentment which fills this
store from basement to roof.
Out-of-Towii Folks
We feel with keen regret your inability to come per
sonally to this store and choose gifts for those who are
near and dear to you. Our staff of ever willing and
ready workers in the Mail Service Dept. are on the job
every minute. Remember, Xmas is only 15 days 'away.
There is only one left of many of the advertised items.
We therefore ask that you write today, so none will be
disappointed.
Xmas Cheer Is Found Here
Three Styles of This Ever-Popular
Easy Chair
Special
This Week
TushtheButton-andltesf
.oya
$1.00 Cash
50c WEEKLY
"19 9
I
.75
"CONCERT'
Music like a C100-0O Machine, CIO
la Edwards' Music Room wtO
Here Are Only a Few See Fif th-St. Windows
FarlortQ C I (31. bo Tapestry up-
......... WfclTl
$3.95
$3.50 Gilbert
Clock at.
$8 Oak Smoking Stand
at
$3.25 Mahogany Smok
ing Stand
$2.50 Mahogany Ta
bouret at, ,.,
$2.50 Fumed Oak Pedes
ta.1 at.
$2.25 Umbrella Jar
t. . . .
$3.50 Leather Uphol-I RC
stered Foot Stool 9liUJ
$2.75 Folding Card Table, imi
tation leather cover, CI Q O
now at iPliOU
$2.69
$1.98
-$1.93
.$1.49
$24.95
$31.50 Tapestry
holstered Chair. ,
$23 Tapaatry Up-J M QK
holstered Rocker at..Vl'ri7U
tio.sa -jacoDean uaK Koekrr,
velour upholste red Jg
$8.75 Mahogany Rocker 7 QC
now at 01.03
$g.50 Mahogany Chair CT 7C
to match 01.13
$6.25 Solid Oak Arm CO QC
Rocker 00.33
Old Ivory Wicker Sew- CfJ Qt
ing Basket OOiOJ
$6.00 Oak Telephone Stand,
with Eis a p p e a r I n g O 4 7C
Stool O'r.l 3
50-plece White
Gold Dinner S.t
$2.95 Aluminum Ferco.
lator
$3.85 Aluminum Tea
with Insert Boiler.at
only
$7.00 Quartered Oak
Kern Stand
Child's Desk and Chair
for
Child's Red (square
top) Table
Child's Red (folding)
Chair
Child's Doll Cart, with
hood and rubber tires..
Have Yon One of Onr Policies t Assets ( 10,800,000.00.
PORTLAND, OR.. OCT. 10. 1319.
Tlie Old IJne Bankers Life Insurance Co.,
Lincoln, Nebraska.
Gentlemen: 1 bevs Just received settle
ment on my policy ffo. S779 for $8,000.00,
matured today, from, your Portland manager.
Mr. ,K. E. Witham.
Te say that I am pleased Is putting- it
mildly, for J find my settlement flgursa
nearly 4f compound Interest on my premi
ums, and- fifteen years Insurance for noth
ing. I toek out a Fifteen-Pay Life fifteen
years ago and paid In total premiums of
$1,140.00, my cash value offered me today la
tl.532.S3. or $648.62 In cash and $2,000.00
Participating Paid-up Policy for life.
This settlement. 1 notice, la made on a rate
several dollars a year cheaper than the
same Insurance would cost me in other
large eastern companies. I congratulate
you heartily upon the splendid growth your
company is maklnc and win take pleasure
In recommending the Old Line Bankers Life
of Lincoln to any one wishing life Insur
ance, Very truly yours.
503 BURT W, BICHAJtPS.
It'a Easy to Sell Bankers Life Policies.
Every Policy Holder.
Fifteen Payment Life Policy
Matured in the
Old Line Bankers Life Insur
ance Company
of Lincoln, Nebraska
Name of insured .. Burt W, Richards
Residence .Portland, Or.
Amount of policy ...,$2,000.00
Total premiums paid Co... 1,146.00
SETTLEMENT
Total cash paid Mr. Rich
ards $ 648.62
And paid-up participating
policy 2,000.00
They Mature o the Satisfaction of,
Why Sot Try It!
Spe- 111 aL.
$8,75
$1.98
Kettle,
$2.69
$3.50
$4.50
$1.65
$1.40
$1.95
May Be Hard to Believe
but it's a fact just the same.
About a week ago a gentleman came to Mr. West,
the buyer and manager of our stove and range depart
ment, purchased a new fireback for his Monarch range,
which nas been used 11 years. (This is the only repair
ever made.) When asked by Mr. West as to what kind
of satisfaction his Monarch had given, he said : "Say !
My wife says there's nothing like it for even baking,
and if anyone who's thinking of getting a new range
has doubts about a Monarch, just refer them to us."
Mr. West will gladly give the name and address of
this party to anyone who is interested in a Monarch.
If you decide to buy a Monarch a liberal allowance will
be made for your old stove or range. The difference
for at only 1 $5.00 Monthly
IA GPOpPLACCTO TRADE T
"Patronize th.
clalty Alan "
That's tho Greater
Portland Plan.
iftmvtmyg) urn
5 at .ii si i . i hi I s T'l
2 Blocks North of Washington St Igjg
Cf
to