Image provided by: University of Oregon Libraries; Eugene, OR
About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Oct. 7, 1904)
ASTORIA, OREGON, FRIDAY, OCTOBER 7
Decided on at Meeting
BONDING SCHEME PLANNED
Aonthcr Meeting to lie Held To.
night, When rian Will Be
We propose the organisation of a
botel and guaranty company, with
. capital of J100.000 ,and that the com
pany secure a hotel site and erect
thereon a modern hotel of 100 rooms,
costing about $100,006.
We propose issuing bonds In par
value to the cost of the building and
grounds, bonds to be secured by first
mortgage upon hotel grounds, the bonds
to run 40 years, with Interest at five
per cent, payable semi-annually, the
company reserving the right to retire
bonds at par at any time after five
Tears, and to provide a sinking fund
annually after 10 years equal to $2000
per annum for the redemption of
bonds. The par value of the bonds
shall be $100 each, and the hotel and
guaranty company, with capital stock
of $100,000," as above mentioned, la be
divided Into shares of $100 each, shall
guarantee the Interest on the bonds
for a period of 10 years. ,
"A. M. SMITH,
"W. H. WHIPPLE.
"J. S. DELLINGER,
v.. "HARRISON ALLEN,
"'')S "W. F. tl'GREGOR,
"J. E. HIGGINS,
"W. E. SCHIMPFF,
"F. R. STOKES."
,3y the .adoption of the above report
t m committee appointed to formulate
some definite plan of procedure, rep-
...I -1 . ' - ia,n of
reseniuuve ciuku owi -1 .
. , , . . v has been begun at once,
public meeting held last evening at the
court house, made the start toward
securing a modern hotel for this city.
Another committee, composed of A. M.
Smith, W. E. Schimpff and Harrison
"""- '' iV . money. The bill this week is the pest
Alien was appjnwa ir me yu.j i . . , .,,,.
i iiiHi nun evu uctcii kmcii SSI
Interviewing some of the large prop-l . . , fllrn nn thA nPO
erty owners of the city and felng ont a Bpn(Mtlo. Th,
their ideas. This last-named commit
111 I I .nnttit t anAtliOir
we wm .wii. "" moving pictures are fine,
meetln to be held at the Chamber of
fcomrnerce building this evening. The
Gratke J. S. Pelllnger. G. V. Louns
berry, J. E. Hlgglna, Robert Gibson.
All of the gentlemen named spoke en
thusiastically, saying It would be com
paratively simple to secure the neces
cury funds. The need of a modern
hotel was pointed out and the opln-
Mart in seur Nfcessarv Funds lon wrt8 nera"y i,,s,1 thnt th
flan to secure necessary runus ed it to themselves
to set about to secure the hotel. Mr.
Delltnger made the interesting state
ment that he knew Mr. Hammond
would assist the project. "I have henrd
him express himself very forcibly upon
this matter," said Mr. Delllnger, "and
he will lend us some assistance."
Mr. McGregor stated that the local
banks were holding fully $1,000,000 on
which no Interest was received, and he
thought It might be a good plan to get
hold of some of this money, under a
guarantee of Interest. Mr. Wise also
spoke enthusiastically, although he
confessed disappointment because' of
the absence of come large property
holders who should have been pres
ent Messrs. Smith, Harrison, Allen
and Schimpff took up the financial
side of the matter and discussed It at
some length. The committee which
prepared the report above printed was
appointed and a recess was taken
while the report was being prepared.
The report was adopted upon the re
convening of the session, and, after
the appointment of the committee of
three, adjournment was 'taken until 7
The proposal decided upon last night
is substantially as follows: The hotel
and guaranty company shall be the or
ganisation having control of the ho
tel. Forty-year bonds, bearing 5 per
cent will be Issued, to the amount of
$100,000. The guaranty company shall
guarantee the Interest for a period of
10 years. Thus, If the hotel is a finan
cial success, the stockholders would
not be required to advance one penny.
It was pretty generally agreed last night
that a hotel would surely pay 5 per
cent, which would meet the Interest
At tonight's meeting, it is expected,
all of the heavily lnteresed property
owners will be present. Their views
will be secured and If any change In
the plans adopted last night Is con
sidered advisable It will be made. It
Is the desire that there shall be no
delay, and for this reason active work
Attractive Vaudeville the Star.
At the Star the public knows It will
receive the greatest value for its
meeting will be called to order at 7
o'clock and everjr loyal citizen Is ex,-,
pected to be present. ; ; Cri-5"'
Last night'l meeting was organized
by the election of James W. Welch
s chairman and G. tv Lduhiberty as
secretary, tor.' Welch briefly stated
the objects Of the meeting and Invited
fuller expression from Mr. Whipple.
Mr. Whipple presented the plans which
he had secured and explained his idea
Of the hotel proposition. He said the
hotel would cost from $75,000 to $90,000,
'without the theater annex, which has
been cut out for the present. ,
General discussion of the proposal
followed and the mater was thorough
ly eone over. The following gentle-
,.r, nnrMiwil themelves: W. F. Mc-
Greeor. Frank R. Stokes, Herman
wt tv t?. Allen. A. Scherneckau, A.
S. Skyles, A. M. Smith, J. A. Eakln
Harrison Allen, August Danielson,
James W. Welch, W. W. Whipple, W.
ci sjiiitnnff. John Enberg, W. i.
: E. Z. Ferguson was In Portland
W. W. Gordon, a Portland contractor.
Is in the city.
Mr. and Mrs. Albert Dunbar went to
Miss Myrtle Wilson, of Portland, I
visiting friends In Astoria.
L. E. Sells has returned from a visit
with relatives In San Francisco.
Charles W. Halderman returned yes
terday from a hunting trip In south
John F. Thorburn has returned from
Albert! Canada, where he visited for
month with his parents.
Miss Lulu Estes will leave this morn
ing for McMlnnvllle, where she and
Miss Frances, her sister, who Is fiow
attending college there, will represent
the Astoria church as delegates In the
annual convention ot the Baptist
church for the state.
George Hammond. Portland.
J. H. Aldrldge, Mist, Ore.
A. Taylor, Ilwaco, Wash.
Thomas Jones, city.
C. R. Thompson. Fort Canbjr; .Wash.
Geo. Bircher, Portland.
B. S. Compton, San Francisco.
J. A. Adams, Portland.
E. Mullholland, Portland.
John Kllnt. Grays River, Wash.
Saves Two From Death.
'Our little daughter haJ an almost
'fatal attack of whooping" cough and
bronchitis writes Mrs. W. K. Hav
llahd ot Armonk; N. T., "but. when all
other remedies failed, we saved her
life with Dr. King's New Discovery.
Our niece, who had consumption in an
advanced stage, also uecd this won
derful medicine and today she Is per-
f.iv well." DeSDerate throat and
lung diseases yield to Dr. King's New
Discovery as to no other medicine on
earth. Infallible for coughs and colds.
50c and $1.00 bottles guaranteed by
Chas. Rogers. Trial bottles free.
LET WELL ENOUGH ALONE.
A Change Would Cause Injurious De
pression in Business.
Comparison of the statistics of the
United States with those of other
countries shows that this country en-
Joys a much greater degree of pros
perity than any other. During the ten
years from 1892 to 1902 the populutlon
of Great Britain Increased ten per cent,
that of Germany 15 per cent, and that
of the Vnlted States 21 per cent.
During the same period the total de
posits In all banks in Great Britain
Increased 48 per cent, In the United
States 101 per cent. Coal production
In Great Britain Increased 21 per cent,
in Germany 84 per cent, in France
22 per cent, In the United States 7o
per cent The production of pig iron
Increased 18 per cent In Great Brit
ain, 59 per cent In Germany. 17 per
cent In France, 94 per cent In the
United States. The production of steel
Increased 65 per cent In Great Britain,
132 per cent In Germany, 13$ per cent
In France and 173 per cent In the
United States. The exports of manu
factures Increased IS per cent In Great
Britain. 30 per cent In Germany. 10
per. cent In France, and 155 per cent
In the United States. Great Britain,
with her enormous outflow to her col
nnies. exDorted In 1902 manufacture!
o the amount of i 124,000,660, while
the: United States exported $4,403,000.-
000; but whereas Great Britain in
this ibm gained only 18 per cent dur
ing the decade from 1892 to 1902, over
the lust preceding decade, the United
States gained 155 per cent
Why should any person vote to ex
change such prosperity as that for a
period of political Impotence, disturb
ing legislation and business depression?
gaU , 1 li :pl CODBtCT EAMI0NJ FROM
fttfht J If Clothes Maker ttT "7
Tlicro U ft tlillVrcnco in
ns well ns in everything else.
You can buy honj) clothes
Ami kick nhout tho fit and
wear, nnd you enn buy gootl,
honotit, hnml ninclo goruicnU.
When llorniun AViao tells
you a suit or overcoat is all
right, you may dcxiil on it.
23 years' experience jk
and reputation behind
The Reliable Clothier and Hatter.
ISLAND CHIEF 13 DEAD.
Natives Hold Greet Celebration
San Francisco, Oct. 6. The schooner
Neptune arlved from Marshall Islands,
in mld-Paclflc, and brought news of
the death ot Murrljal, grand chief of
a district comprising most of the
Islands of the group. The old ruler
was 80 years of age when he died,
some weeks ago, after a lingering Ill
ness and his death and the subsequent
obsequies were the occasion of a grand
display dn the part of the natives.
For weeks prior to his. death, the na
tives began assembling at his island
home. When he died all the Marshal
Islanders went Into mourning and gave
vent to their grief Jn a wlerd and old-
fashioned manner.. The ceremonies
continued for several days.
This Is Leap Year.
A dozen girls are seeking one man
at the Star this week.
October 27, 23 and 29.
World's fair excursion tickets to Chi
cago, St. .Louis and all eastern cities
will be sold by the GREAT NORTH
ERN RAILWAY on October 27, 28 and
29, In addition to October 3, 4 and 5.
Apply to any Great Northern agent for
rates and full Information.
World's Fair Rates Extended. .
Through the efforts of the GREAT
NORTHERN RAILWAY, world's fair
excursion tickets will be sold on Oc
tober 27, 28 and 29, In addition to Oc
tober 3, 4 and 5. For full informa
tion apply to any Great Northern agent. ' Only BOc,
Confessions of a Priest
Rev. Jno. S. Cox of Wake, Ark.,
writes, "For 13 years I suffered from
yellow Jaundice. I consulted a num-
I ber of physicians and trlod all sorts of
medicines, but got no relief. Then 1
regan th use of Electric Bitter and
feel that I am now cured of a disease
that had me In Its grasp for 12 years."
If you want a reliable medicine for liver
and kidney trouble, stomach disorder
or general debility, get Electric Bit
ters. It's guaranteed by Chas. Rogers
Try the New Size
Hade from the cream of Havana crop
We sold 20,000 in September; the largest sale
of any Cigar on the market.
JOHN V. BURNS
Cloak and Suit
Next Friday and Saturday, Oct. 7 and 8, ,1904.
. .......... ' '
We will have on display an eastern manufactured line of Ladies CloaKs and Suits
in the very latest NOVELTIES IN TOURIST COATS and LADIES TAILOR MADE
SUITS. This showing is from one of the BEST MANUFACTURERS IN THE EAST,
and we invite every lady of Astoria and vicinity to come and see this assortment of
fine garments whether you wish to purchase one or not. These garments will be on
display only two days. Remember the dates, Friday and Saturday, Oct. 7 and 8.
The Place where you can always buy cheaper.