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About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Oct. 17, 1901)
THE MORNING ASTORIA N. THURSDAY. (HTOHKR 17. .Ml. FROM ALL OVER " "UNITED STATES Bankers Discuss Business Affairs in Milwaukee. THE RESOLUTIONS ADOPTED Speeca el Chirks Francl Lci ea RcUlici of Trust Companies lo Furtija Basi- nut CoaJillon-A. B. StUk ac' Addrc. MlUWAVKBri Oct. IS. At the American Hink'rs' Association today, bankers from the various ae-viio-n cf the country reported In epeeches the general condition of business. The taiement allowed business in a thoroughly satisfactory condition. Resolution were a.toptej asking con frcf ta repeal the war "vvenue act relating to stamps, etc.; legislation for punishment of anar-hlts; return of drafts, checks, etc., where dtmps have teen reJeemeJ Indemnifying seniors of unsigned certificates which may b stolen and endwrsej the McKlnley Memorial A'sxtalicm. MR. rinUJPS' ADPREs-S. . Mr. Charles Franci Phillip, pre! dent of the Corporation Trust Company, of Delaware, of New York City, dwelt upon 'The RuMness Foreign Counties Analagcus to That of Tu: Companies la the United States." He sa'.J thAt strictly speaking, there are no trust companies In Europe or the Orient and none la the Latin-American countries, barring one erected upon a purely American foundation and one or two In a nascent sta:e. "The Ilea." said he, "underlying corporate JuJ ciaryshlp, are the pro.luot of our special develop ment." Concerning trusteeship, Mr. Phillips said that in Europe the indi vidual trustee Is in such esteem as to make the success of corporate tiustt'e ship cn a very large eal-, a: las: for the Immediate present, extremely doubtful. As to the provisi. n for care of '. rg time depots both the English and con tinental banks furn'sh America with precedents eminently worthy of respect ful study. The speaker briefly describe 1 th mortgage banks of Germany anl Aus tria anJ some other European coun tries, created to aid agriculture, but limited in respect to their ducj as fidu ciaries and enlarged for the pile as signed in France and tr some extent in other .countries, to boards of trade, chambers of commerce, etc., in matters relating to bankruptcy and receiver ships. REGCLATIOX OF CREDIT. As to regulation of credit. Mr. Phil lips declared 'Sat the l"nlt"d State? had proved itsrif to be in respect to the common financial needs of a!i who mu-t work for a living, with either head or hands, the least democratic of the gr-at civilized powers. As :he "vsult t.f a j mre iemvratic policy than ours th torporatUuis In Franc? most an.Ua- j gnus t our trut eorrpani's hav- b- j tain-M proportion so large a t " mak-! tven th most prosper j- f our :i us: ! companies and of "Ur banks as "-I', awtn very small Indeed. ! ADDRE53 OF MR. STKKXHY. A. B. Ptlckr.ey, ,r';d-nt .-f the rr.S-s ergo & Hr.j; West -rn ta;Uv.y ' m-; pany. spoke n -Tie M-Hum ,.f Kx-1 change and '-h- Banking Function." sa 1 in pact: "The melium of .x.-ntng-- is n - sential part ,,t o .rnmcne as d.st ,n-gulsh-d from barter. The necessity 'f a medium of exchange grows rut f ih? fact, which cannot br t oft -n :e pfated because si off-n uverlouk"! that the ultimate purpose of ail com merce Is. to use the uni(ue and rath-r , satisfactory expression of th- pr-a-r.t Fwretary of the treasury 'to -xchangr for things.' When things' are x-ihang-d for money this process is only half done. Whatever commodity L willingly accepted to r-preent 'things' during the procss l suspend! t-x- hange ' a melium of xo.iang"." The usual stitement that money was. the meJum of exehange ua. i jn-t-.-fi leJ, but a small fraction "f fact. He maintainetj that Ihe me.lium of exenange Is credit. I-gi:irtia:e credits for the u'e as a medium of ex change are ;nxlu -d by buying f .r the purpose of consumption, riu .h cr-'ilts expand as production and comm'-rce expand anl contract as proiu'-tion anl commerce contract. FL'XCTroXS OF RANKS. The sneaker th-n disc ussed the bank ing function of whl. h he said here were manv miseonceptlons growing out vt the morning which, in banking par lance, Is given to the wrds "deposit" end "borrow." When the public is told that the bank deposits have in D ears Its least virtue is that it lasts so. ' Soap is for comfort and cleanliness. Pears' soap cleanliness perfect cleanliness and comfort. Bold all over tlx world. creased a billion and Are iiundred mil lion ainct? the panic. Is regarded xt an enormous incivase of money. The In creav of bank deposits, he said, simply mean that conditions of trade ;iv shh that mert'hants have lncre.l their indebtiMness which has been changtsl for bjnk ocslits and by this means the Indebtedness of the banks has been Increase,!. Swapping credits is the function of the modern com lier olal hank, he declared. Its lustnef consists In vruiUuaing Individual crd l:s and giving Its own credit In ex. change for such Individual cnslis are acceptable and thus furnishing an abundant supply of the mc.l.u:n of ex. changs of commerce. The method of xerviaing th, bank function was then Mken up. He emtended :hat :hc b!)K nhich f.iii to t'titinu.'iisiy ocr'is.c i: function cf suai'p.ng c;l:ts fails to oetform its duty and d' !nc.i'c.ii iclc ; m h!ef. When the banks r'f'.ie to! svap creiits with the merchants the! latter arc compelled to stop buving ItANKING SYMTl'M XECVSSAR" . fVlmaieli. In ,. i..iv M. . ,. lr. er. ;h s brvugh; ruin to :ht. ner hauls and producer and distress to th0 la bor r. While the speaker ad:niltei .hat th s state of affairs was the result of banks contricttng their -called Uins he was no: prepared !o s-iy tbat t was the fault of the bank m.m.gT. That the American bank, as at pivsent oreaniied, should falter at every minor crisis, and stop, as far as possible, the swapping of credits in a maj ir panic seems Inevitable. The neeessi'.v In h' belief, was due to the lack of banking sxstem. Passing on to a discussion of ! g slatlon. he said: "A banking system for a gr,-a; na tion like the United States requires a central bank with a head In the chief commercial city with branches In each of the commercial centers', which shall constiturei the head and backbone cf t!e system. This central bank should V :he bank of :h. banks, and the bank of the government. The sub treasurle should be abolished. The central bank should hold the gold re srrve of all the banks anl of the na- n. T.ie re--rves of the old banks should consist of credits on the 'edg r the central back. Sub-systems I should be formed- cons. sting of heads - important commercial centers. vl:h br.vwh-s scattered over the country. these carrying the facilities of the i cn a;. strong, solvent banks to every ham!; anl cross real In the country." Tu on'.v leit.nlatlon. he iltvlar-d. was i th- r-.va! ,.f the sub-treasury law and i f the provisiiins of the present "a- t onal bank laws which in any manner restr-c: the snapping of rellt" and ahi h prevent banks from ran lucting the Iwnking functi.in in more than one l.x-ality. It would no; be necessary, or, Indeed, desirable to grant tthe central bank a special charter with or w.thnit special privileges. DEATH OF THE AMF.ER. Pa-alvxed Ruler Saw- Tiat His S i 'c sor Was Chosen by p.- pi-. SIMLA. Oct 16 The Cabul e'ri pon.lent of the P. n"r says: "The late Amer was para'yx-J the right "side during the thirl vv of S-pt-mb-r. His illness was k'p 'ore: by Ih" p;ila.-- Finally on S-p-t-'tnber f--!ing that he w is .lying. he sununore.i th z-ns tog-th.r. -;: th.M y. s n a f-o.l.- v-.l" 'ii . th 'v ' :is an ! e i , f i ,;', ; his .,s x-' ! I--IJS -1 t i- ni j r th-m to -ay ti'd -ii -d ' in i a ll-e-l . I Can. The Am-.-r rd anl ip 'ti ' t .- l' " ' Habl 1 I'll ih. : g-t'i- -.ilth a !,rg.. vo'iirr ti'i I . " : - 'a-t wlo. nr. 1 iry-iu tl t;s r"-gar!'ng the managem-r.t 'f th -tat-c 11--hen "r 1" r- I the youn-'- r - .r. t . ; la.-e in r .wn up-n the lead "f 'he ! aft-r vvhl. h h- di-mis--l th.. audi- "Fro.-n that T..;ii''nt he ",irik r ap: TT;.'. lying : ilo-r 1; but th- fa. t o ..-tth '.VaS kept S-iret Umil IN-t'ber S ,1.- I w Hiicb t'llih to c .nipl-te the ar-rang"ni'-nts for the uee.--si .n." THE MOI.INK.rX -asf:. A'.' 'rn--y Ph'lbln Surpris-I at D-elsion of St it- I'ourt "f Arp-als. NKW YOJ'.K. ta,t K In'-rvl-w 1 concerning the new rial grimed It. li. Molineux.- convicted on th- . !,.irg- of I killing Mrs. Kathrint- A l.niiF. Iii-'.ri i Attorney Philbln said: I "I am surpr.st at t.n- d-cl in ,,f :h--' stat court of appeals in the M-ilineux i case; hut bef .r I mak'- kn .wn a ha my course w ill !-. or b-f .r I . in i mak- known what my onus., ivp! b-, or before I can discuss th fin ling, three Imp .rt.irit man-rs mu-t b- no. .ompl.sh.-d. First, I will hav,. !.j have a talk with Assistant D''tr. t Att.rn-y 'isb .rne; s'-' onj. shall have to confer with -'order (P.ff and third. I rnus: read and carefully study the d-i-io.n as hande.j d can." SHOOTIN'J AFFItAY AT PJTTTK. John H-nnefln S-rlously Injured In Trouble Over a Woman. BT.TTE, Mont., Or-t. 16 At an -arly hour this morning a shooting affray in the tenderloin district resulted In the serious injury of J"hn H"nnifln, a min er, by Alfred Ackron, a stranger n town. The latter, In attempting to -s-cap-, accidentally shot himself In the groin, Inflicting a wound which may prove fatal. The trouble arose oyer a iv'jman with whom H-nnifln was quite timorous. Another occupant of the house in which the shooting occurred was shot in the leg while endeavoring to "escape ftom the officers. AFFAIRS IN NICARAGUA AKMOKKDCKriStKITKCIIASH) t'KO.H (il-'KMANY IKvision hy Supreme t'ourt- I'rvsl. iJcn vluyu Nuiiu'd (or Third Term. M AN.VilI'A. N caiagua. Se;(, ; -tirvspo!id-n.v -f (be Asoc.ate I Vvw--U . to'p ertc.l lie c ili.it Pivsi den: Ze'av.i has piircha" d a small a: ni rl cni ': from ticiin.iuy, having turrets fo and aft a: d "S ii -I 'a.l ing. riile I'inti it. The cost ii said t U- about ::."VivH gol,. lea; wi.b, lu'r amniun t. i. s i. i; an l oth r supplies ' t'i, i :11 be about $p iV gold. It liovcd the cruiser mini hav luvn car Iv on credit. Ncauv tt ls de t 'Id clare 1 tha; the government of Nicar agua has '" cas t offer. Resl V tits, people here d n t see what can be of fered as security for the vessel, utiles It is a part of the duties collected on imports, as everything In Nicaragua worth being considered satisfactory sreur! y Is already fully pledged. The uti'stl'ti a!o irises us to why the vessel was purchased for Nicar agua Is at peace with all cunlrie, even With, Colombia, a'M there are people who say the war-hip may I In some manner used in f rmlng a national' Centra; Anier.can g 'verntnent. The result. Just now. of this report 1 is the stiffening of the rate of foreign i exchange, in the face of the fact lhat 111 my bills of exchange are freely of- fervd at present. One d. vision , f the supreme court of Nicaragua, by a recent decision in the case of Chef of Policy of Managua ; vs. Augustin (lar,i:i. a notary public, accused of using disrespectful language in referr'nee to Presi lent Zelava, has dvldl to be l:i force a law which places the country in a "state of siege" 1 that is. ur.der mar..al law. Th law in iU-stlon was decreed by President Z-daya In SsH owing to t.'ic utbr-ak of a rev dutt-'n aga nst him. and ibvla - I lite . ..iir.try to by in a stege anl that n p- rs n shoulj crlti- 1 ,r' the ac th ortl. c a s. 1 -nt or of ills is adversely, un a court martial ra,y ,,r "! '''r 5U' ll I m-Kht ,nr"" Th" brinch of ihe sn Mtnigu.i ,b,!ar-d r this law- and so unless th" de. j rem,- cur: at Ci.ircia ginlty mil. the case stands. csi-vn !' t A I othe ev-n: of p v- k' 1 by a majority of the branches -f the court, in th'' the case b.mg appealed. 1:1 ii. h cae the d n by one branch t i: may b ap- s ipvlarnl ' tl"al." y pealed. Prei lent 7.elav a. La who has been nam-i in X .vemtier fr th- the only person :o be voted for pres! lency (.f NI argua. It will be his third t 'rm of f ur years each. Th- .-ens .rsh.p ex-'re s.-,! oyer the .alii,, ni-'-sag.-s is oft -n tlmea ijulle fuer. t iv o.ois t .-xpungtng f."'m Ih'tn -v ery at.i'i -n f f a. t s lhat are in th Past d.'gree ,idv.-r.'!y r.t.cal of th g vrnm-'nt fu-ng to p tha: hav.' ap. ii.ly tie w SI in 1 .-times al.png ',.. ,r bo i':s-c-d ii los. ye.-i re f It-nis ih . f the at the ly s an th I .n T i.. a n ils '.Ml: IN SAI'A Tr i TCTCIi.V S p ; ' a- pifv ' .r 'li.. tl- I 1. ' 2-n OIT"-'-... 1-1 , ne' in Samoa p,ok i.i. .. in T.i n la .1 k m,- 111,- last ;n nh. A r.nil-1 Si i'-'s o.t z'-n was arroHt-'l f .r br. Hiring ii-ih-T- fr .m I.t inall si-am.-r a bopl- ,.f I, y. contrary ti tii- e in nand.tnt's i-giila:l..ns. The .i..ti-'d i-li.n I ii r.al by Jury and a Jury '1st was mad., up of i lt-z-na of the fait- I St rt" naval st :-n, Tutuiit. Tii- Jury br. ught In th- oil Scotch v-rdi.-t f ' re t pr v-l." Toe '.vh.t-s and na ivs who had sold Ian is lo 'h- x .v". tini-nl f..r public c'lrp-'s-s are n ,w -n. ni in claims for lirn,ig.-s f.,r I in reinov.ng buildings 'rom th" lands .ml ''ximmlng the l."-tse .-ni. est .rs "f many g.fierationi n or b r to g.ye h- g .yernment p ss-s-s-.n. Th-t- ;s gt.-at dissati'faiei'.n , x:,r ss.-, i.y ,, f.,r "h- non-p-iym-n; of ' .') suttis agr" . np ,n Ii". .-'!f. th- irn. -r l, 'Jerman gov'er cor of Simoa. w.li "ive f .r Oertnany i a month's tun.- t i t.-nd Ih- Utile-- il pi.li.ini nt in the l'd"res: of Ine li-orioin P s-.ssion In Sariion. fp-.n r-i if.t ,.f 'I,- le ws .,f the a' - is-.r, n i n ..f pr-si.-n M -Kinl-y f"r itx wis g-n.-ril thrmgh.iu: Tuluila an I it . X'-nil' d n- ti' iman posseg- Jl Ml". Wn.I. KI l A'. APPKAI.. Rii-si in Sugar I'.'mnty t'ase In the Maryland Courts. NRW YOI'.K. On 11 Attorney K. A. Hig-I ,w will g , to li.iltlmore today and fll" his app-iil fnm th- d'"ision ngalnst th" Importers of Ju lg- Morris, of the ''tiitc Sta cs circuit i-..urt for the dl ti li-: of Maryland In the case of Hub ert K. Downs against the I'jlted Stales, on- of the liumlan sugar Ixiunty cases, Mr. lilgelow has Just received a copy of Judge Morris' opinion, In whlcn the Judge sustain th.- opinion of the board of gen-ral appt!iiari. Mr. Blgelow will at once file his appeal from this decision and he expecta to get It argued ts-for- the l.'niteil Slates circuit court of appeals at Hlrhmond, Va., at the November term. Ho said In ait itttoi vl. w Hint the tvMt that tne American Sugar lictlntng iVnttMiiy had couns'l a! the aigumcu. bcfoiv Judge Monls s an error. Mr. Rigclow also a ihat It is the beet migar luiciet which an opp.wing the admission of llusslau -ugiir. TKOOI'S' HK.M.TII ,10Ol Flattering l!port Made by the geon iKneral of the Navy. fur- V ASHINiiTON. !enc:a ,.f (lr .n iV-l lit Suiii Van I i- !' . I'ls annual tvpor:. av I ill .lie 1 iigc ; lopoi ;i ai cf , in- n.n ii r,o . , hi, o has b, cn ciiiploved in l',ie wal'is n he Phil ."p ne si ml. dit trig to-' i'l-l t'sc it e.u' has been notatdv (i.e p., mi p: ,bni.,' ,li, is's. anl ih. u.ti iPe ,. , epp.ei ,,f i' i It f V i. lie dl -' I' e l Ii which th.- patens -i.ive i. .tl l in lied : th,. Ca .!,. h i-p.ial b. ,. in ' II tbi'ie tl.at n 'uld have .'.'.ill i d in ai -iiih in : in n .cn em to change at I'.iv le male. hue n Van Ii, - ih. u t'i lnn an pio.',se he 1 v ill ni ef t'i,. I.o'i'l.al o Vianaca . at a , o-t of ;,t yv Typhoil fev'r o, t ; it t in t-land I siild lo have almost ,1 s u p aied i,s a result of a b'll 'r vv Iter up '! and te prts f"n Sim. vi. San lain i"d i uba Indicate very lit I,, d .seas'. In conclusion. Alm.ial Van lbypen calls at entloti lo the h'.ilih of the navy and mar ne c rps. h h lie savs was iiMily as g ' I as l ie nor. n.n. no. With stand. ng the Chinese i.iinp.isn ..ul ntui h tr y c il serv.ye. IMI'nllTS AM' liXIMIlTS. WASIIINCTHN. is ly staienu n: of ih It of ih.- I'n I 'd Siate :-sil"-. by toe iui it. The mouth vrts in.l x jvr m for Sepiembi-r. U of statistics. stii ws: M'-r b in i se - Imports, iv hi. h tNj.t.M IV IS f, cr-' ise ;n t o.i! .-am pa c ber. !'. jr.T.tl vC. Met, hand llp its, oc as- . jt'i i'io cm iiol.1 tni.-.i ' i : .11 s :.;:,o isi i; 'M c us. :: it!.'. ,i ti'P.-isi ).i' e of dil') I Alt;, Se" I f In- SI v. r f'S 0 IMSI. A t i'in tii' I'o:' was .lllp 't is of n nit M'.ths th i:iiii'i; .i:i--i's r smvi-intii N''W Y "k Hid lUrk. ii l.t : Th n No ugh:. .is at Fr. NKW YiUlK ii. : Pi - T i" plan f r th.- reh lb .illation - t th.- S-vnlh N.i tianl bank, drafted by the re rg in.x.i-lo-n c 'iiinil'le,. and approv d I v the eoiitrnlb'r ..f b"- eiirp'iv'v, has l--en '.i::il".l bv the to khili-r" It s an-noun.-. -I that : ,.:b;r ls ,,f :he stv-k-h..!.-r 'ut.e v it.'-t for :.it.tl, atcii. : lias b-n d ei .-i to r"tan the name S.'i-ii'li Na'l-ni' I'd .. r.-op-n f r lus.n.--s on N-V'-fTib'-r I. 'f ;.. i rt Meat" ,.f tleW .apit.ii k. an I Will '- t i.::.'.""0 .f tile 'l orn ,v ' ..I.I de. CclllS -f f li O.l'l r '11" h it aft. r .to ,.,.1 '.V Am I'll V-l I'l- V I'l''' I;.-:. NKW V"':K. ': PI I-' i :. 1- A a !. m n; i . i : or aid .pid- I, a. f ic 'i ii-.-. s 'li., : o i . ,, ne ; 'ni :!' I ''oil a - i tii in.- r s.s tit In 'X lilillied .,.-: I, s .1 rp. I , . i : l l tk' 'i' V a-'.-i'i c. is: Ii. ! A' o tii tiiit'in It' t i- v It- -ci-'i: il"-:' col lis .-f t !. KnsK'kwIin and Yuk oi lifoltiioig h.s 'fe-ti.U I!...' he . 1 1 1 - -1 1 -1 - d I I -V " - li" ' I'-'- " I I'.'"' "l.l'S I IKlt to buil I a i-c 1 it Wt II. i I- ii. bid. j i ." i' l-all., mi. vp-M" I .oimli j -ni He 1 ft i.-ii ,i. '. ii- f -r tii- -h j.in.oi lr iigli In- k many valuible ur-. ..f Ins h .rs , ... r 1 ri 1 1 y . j .h.itograpbs and iiui.-i ge ..graph- ai Junes l. n.i .k all.. : "pi'-'n n . I . ! iagtioii In ii- in i t .'.-1 w-.rl hal t'.i" h'T-s and . art lag -s nr.. sil'l 1 .n tii" fr -.gin y e Is a . W- I! id -n ifiii.iKYKn Ti i r.K i i:i : : i;i STIlKATuN, li). n. t i! - It Pallet, ss.n a. is ,ut ,.ff a San a p.- Ira.n flor in a d'"neiite i , -n 11:1 .n. I. -iters i.len-tlll'-il hlin as a iii'-iiiiier .if tli- w n.'i--sile "Inn of pitt-r-.iti - Aln-rt. Kan sas City. T' I' gi.iplii ni 1 1 1 ii n I . 1 1 1 ti i --uli d In finding ills n if,, b 't,. and uniil lo-- arr.val li" is b-ng ii - I for ov tl,'' l.e.-i; 1 slg,. of liiks. II.. . III- re I a fr.iv.ltig 'Hi ft "tl i '.rind Itap ids lodg . II" is ..i;.p.,-. d t., h ue I,.- n d; nitge In i 'hi ,i .. SI'IT I'M 1 1 AN ISLAND. II' iN' .l.l'l.r. 1 1. t ll -Su.t has I n ie'gun iiaini-t te fiii'.il states by li-'irg- It. ,l . ' 1 1 1 a n f.,- in,. poS"ssi.si i f tjiiaiiinl.il- Island. In Honolulu hat Imt. Mct'lellan claims the !"liin, und'T a tlt'e Ib.'it was a one tone i.i..gnl7."l by th'- Hawaiian g 'V"; ninent, but which was afterwards by t h- same gov ernment '.lerl.ueil Id be m-tely ;i fish ing title. The Island is about HI acres In extiit and has lung been us"! for ti u.'i ra n ' i ne purposes. Wf I HAT MAItKKT, HAN FltAN'i'l-lfd. Oct. ID Wheal, December. '171. f'HirA'lO, Oct. 10 Wheal, D-c m ber, opening, KWiM; closcil, ISHTtjfj "0. TA lOMA, 'kit. 1 Wheal, blu'sletn. If,; club. 54. PORTLAND, Oct. IS Wheat, Walla Walla, G4 "& f4 ; Valley, r,S; blueMtem, ar,i&;5'i. Ct WANT WORLD'S TRADE MOKIiAN H (Kti.Ni: tilti V- th: i:om.un.h l'tiiniHCH to (aiiiMillvlittc I lie Armor Plate .Miiiuifiictui'vrs of the Country, WW VKlv. ik I PI To' .1 minal I'l I Ad v ci lis, I Ml"' 1 A ii' vv itlytanilo lu l isii al iitilua- it. on. i 'd ! is .1 c nsoii.laie tie aiin'C j pi. no n. I'nifa. line "f this .unit i v cu 1 :: Ino 111. tnlll.llti,; ,if tllei ellalll and I w ai i i foi . he Weill. 1 1 lib . .in I : iK'' io,r Ihe I at 14, a"d gioniim "'xp''!'' ado ,.f llle I 'lllle I Stales Slee! C.il i :s a i nit i I la; ,r .1 lv I1 ii I ..e watt and li1" allies HI. cle. tlo'a sas that, wbib' P Th no Hill ill deal's at.- "blalnal'le 'be I'tote.o will n.e ,,iilv xonsol'd ite titiny dela'ls of the l 'el 111,1 fu'l bus tie.s of Ihe country now separate,!, but ,ii i erve I " bt'ng Into closer leladons I p tli se Intetesis and ihe g'v.u ra li vi 1 .llt'-rests .-oil rolhsl I'V til' atl e'lill. and Ihe I'ennsv lv an a r.illr m I 't"ttee IntercsU .'lie als to be close!-- ail.ed. If not made i un'l. with laige inter. .-s.s ,.f like elini act-r aloi'i l. a'i I Itie n.-iv coiiisnv Is to !,. call" 1 !h- An-i,-l Aineflc.i" Steel C'tiipmv T'ce J'llrnil and Advertiser article also ih ilia: Ii H ilaiy ..f be Cn.tid Stat s Steel i'.rp r.itton. will i -t s -till b pr ii. dent of the new c nc'r.i. sw.i: nut Yiir Mvt'i; NKW ViKK s-t lit l it ':v e.v I con. e ulng Ih' curr-'ii' i.-p.i' i n this c'tv in I 1. Mid on Ih a: J I'le-po.,: M . gan :s agini iieg.-t at ng for the pip ems' ..f th'- Wn te Siar l.ln- Mi l ager Franklin, f the Ai.int.c Tians p -i I I. ne, nlo , o's-iit. in iv of Mr M PI' lilt'' IS. epl'.e.l ' T il" i'lll h is- Ills til.' Who Star I. MIM-tTI'i; S i !! MISS!. ' l I", 1 1 l:n i. -i l Hi" in : r. a.l s ,11 Ml . the . : v V I. ri: II 1. 't r - Il-- I t -lav in b i- t Putin nt as t g 1 1 . haige i i.t.irv . imps ' 'Ml'ti. nun ki: iiiTP 'N T. ' i'i;ii r. NEW Yi'ltK. i IV IS t,.n,ee I 1.1 S. .tlabi I'll, b sh ,p John Hap. . Ita Arc ' I".j I irl th.- 'atbi. vi'i'i.r. i-itnp i:i;v sip ni:w . . c ap; ti'ial r.'l tir s . i s i:k !; I": p.ol I "t M' rw.i it. i i i s ! M.ke Kn.sli 'U a llll i- II V I I I.i I'l I. I, lt.il in fT5 Pf 9 THE OFFSPRING OF HEREDITARY BLOOD TAINT. Scrofula ia but a in.niific.l form of niood roivm at:. 1 Consumption Tilt: parent vvlri i 1 tai'itcil I y 1 tin r will ace lit the rluM ihe 1 in 1! c.p., in.nn:'. .mi;; i t v 1 f in the foltil 1 f h'.'.olo 11 pl.'lUil ,l;f l!i" tit 1 '. il tl 1 tiitoii:, i:.n t ii, in ai. r;.c 1, 1 fTc sr. e sort: : and :i'i .1 1 :' e i nnil i.f. ti :iti:;e s wl :'" nvi II- in;;C -m.:i- 1 ; rsp.tu.i. it'iiv ,, y 1 ( ," licimi -.t.-tr .! ... 01 .tor , , ' ! al.,n.,'ti:iie, f.,i tin-ill...- im'.IcvcI. en slowly in sonic cccs, but tin- p..i .. 11 i i in tl.e. IiI'kmI ii ti. I v. i.i hi ci'; (.nt i.t t lie f.i 1 favor aMfopjsirt unity. S. S. I'., cure 1 llmwant iii.t;, tli 'triictivi- disease l y first piiiifving 011.I litiiMini'i'iitho Idu'id'aiai s'iinululitig ami iiivi;;o!atiii;; the whole sy .tent, J. XI. Soils, 111 Pii'.ieivii lie N'..ll.'illcTtin., ii) s : " 1 . 11 ).. lis i.,;.i my .1 uighter fi ll and cut her fotrh... I It. .111 lint wuiui'l the g'aiula on I lie side i.f Iht fee lieiamc swr.llrn nlld liur.tr.l. Home ,f Hie I..-. I il .has here nu t clarwhrre allrn.bd hfr wnnnut any Iwnrfil. V ilrri.lrd to try S. . S , and a dw l,nlc ciiu-.l lur cu tirtly." K tn.ikcj new nut pure lilixxl to nourish 11ml slrcn:;llicn the liody, ami it n tsisitive ami safe cure lor Scrofula. It overcomes) all forms of Mood jioison, whether inlicritc'l or ui:iiiirel, ami no remedy 1.0 tlioruiijjlily ami cffrclively clrausi-s the blood. If you have any blood troulile, or your cliild has inherited some blood taint, lake S. S. S. and jpet the Wood in itrood condition and prevent the disease doing- further damage. Send for our free hook and write our physicians, about your case. We make no charge whatever lor medical advice. THE SWIFT SPECIFIC CO., ATLANTA, OA. data, The object of his H 'p was lo locale silinoii iiinnei'v ml'ti for H'llttle parlies. Ho brings news of f ndnlg of lib" bodies of two more of Hie Ill-fated ,loci,. parly, wrecked itlifv yean ngo a. the in nub of the Kuk.lvw lin. One body lilies Idem Hie, I u that of Mis. Webster The It nle wel'o III a fall' slaie of pi'oi'vlloii, liavliig bi'ii fro en In Ihe Tiindia, ! SIH ItKTAHV HAY ItCTl'ltNS. WASIIINtlTON. (V.-I, l Secretary lliy tvltii ne, ,i Washington today and t'-sinti l IPs ililtus In tile Date de aetmeni Andrew Asp, Hj.sii Haker, HUlvnlili ni llur-f"lir FlIlsT CLASS WOUK AT UMASviNAUl.t': PIUCKH. Special Att'iillon Olven lo Ship aid Steamboat Repairing, (1'neral (Hack smithing. Kbst-daii llrwt Shtvelng, :c. CORNER TWELFTH AND DUANH STS PRAEL & COOK TKANSri: COMPANY Telephony III. Graying and expressing Ail g k'.ls shipped i.i our Care Will ICWi-tve Special Attention. Sv .V. luiati St, W. J I'HnK. Mgr. Ast "lis, Ore Ilea T'I 1131. J. A. PASTA 13 EN I) Oll.WKAI. CONTltAi'TviR AND lli ll.lnilt PACIFIC COAST COMPANY COAL I or Steamer, Commercial and Tamily Use Orders I'romptly l:ecuted . . DOCK FOOT OF SLVLNTH ST Samuel Elmore & Co., Affts. Oencsscc fruit Company ABSOLLTI2LY I'UKn CIDI3R VINBCiAR. . . FISH BR BROS. HUB Of New Zenlnnd VV. THOMAS, Mgr., San Francisco UNLIMITED LIABILITY KiiWrilel 'uitiil, I 'ui'l-iiii ( 'iiiiitnl, Assets, A't ts in I'liitcd StutrH, UIilus In l'nlicy HulilclH, Hum lici'ii t'liili'i writill (ill tilt" Piicilic Ctinst nvi i hM iily-tttii yi'itm. Pacific Navigation Company Slciuiicrs : Sue II. Irlinoic" uiul "W. II. IIiu i Immi" Only line A-stin ia to I i I (11 m miW , (nrlhulili ntiil Hay tliiy, llohs.iii lllo Conneeting at Afilnrla with the OreKon Hallroad & Pavlgatlnn Com pany anil ntso Hie Astoria & Columbia Itlver Itallroml for Han Fran claci, Portland anl all pulnti Idaul. For freight anJ paMCngiv rate! apply tu Hnrtiticl r-.litiore Ai Co., (lem rul Agenta, AHTOKI A, OKK ( O. It. A N. Tl. a Co., Portland, Adl'ATS A. -' K It. Co, Portland, ll. C. L.AMII, Tlllainook, Oregnn. HQTBL PORTLAND PORTLAND, OREGON The Only Plrnf-CI cimm Hotel In Portlntid lllll'OItT Itl' TIIIC CvtNPtTIoN u.' run first National Bank OF ASTORIA. At Astoria. In Hie Hlnle of ongoll, at thn clone of business, HepU'luli.-r ,1U. , IWI. IlKSol'UCIlH. I ..Mils and dlss'olinia tHi.Kt Of , IUeltrts, ectirvd fllld III!"""- lire I l. SO I', f II 'lids o tvi iHv clrcii. 1 dilation 3.tM 0 Sl.H'ks .vililile. etc Kl.Sill 74 utlier real esl ile owne-l (.lis) 45 I'm" from National Hanks tti.d IIWtK llljelllsl 13 T I'll.' fiMitt Hau. Hanks and Hanker, W.3 U lll" ffotll upplovel leeerve ag.-i.a Hi.tol M Inteiiial-ieveiiiie alatiil"... . JtH 00 Note, .if i, ilt.-r Nat oinil Hank IM N'u k.-la and ceiu V 31 l aw fill ui"ii.'v r " rv In II-ink, via Sp. ci I Ul ll 'O 00 l gal-leiiiler notes , 1 10 00 - I31.3W 00 llp.t'inpil mi fund vv lib I'. H Tteasuf r il ps-r i"nl of I'liviiUnmiii 00 Total H'o.i'M 10 I.I.UMI.l I ll's. Capital l vk paid In I M.0i. 00 Hurplin fund 3i. 00 I'll.llV l.lesl pl' .tlts less . peiiara and late paid .. 33. 3uJ ( National Hank liotea out- inn ting 13.400 to IndlMlnal ,ep..'t, ill)"'. l to . In . k Ilk) .ill lit) I'eni.ind c.-ri ncatea of d' s'stt U :M V (O.S'JJ.M To'al .... ln:i.34 10 SI'ATll I'P nHlliliiN'. C,.tlly of Clats-t". I S S il M"l hi. caatilrr of th' ali-'Ve-naiied tank. d xl'limlv a.v.ar that 1 i' nl..no aialrmrin la true lo Ihe best of iiiy kti I'd g and belief S H ili'lil'iiN. i'.iali"r, Siil.sv 1H1.-.I mil an mu I., b.-foro m lb.. .'Ih dav ..f V) 1,.1-r, t l (' II. TII'iMSOS. N Oary I'libllc, I'or-e.l -Att'at: ll'oige l-'livv.-!, W p M.xlivap.r. Win M tall. I ip'.-'.iii TtLlPHOML MIN 661 IXSCKAXCE OF SHAREHOLDERS t.Vioo.ooo l,IMMi,()(() '-,'1 l.'i.l I I :!()(i,i)(io l,"ls,T!)2