THE MORNING ASTOUIAN, ASTOIUA, OREGON. SUNDAY, JUNE IJ, 1907- 4 ! ' ' - ' " " . ii "I . 11 111 '". , - L.LLl.-J,....!....!! 1 THE MORNING ASTORIAN Established il79 , publiahed Daily Except Monday by rik J. & DXLLINGER. COMPANY. SUBSCRIPTION SATIS. By rntU, per year,.... 9y carrier, pr month. .17.00 . .10 WISELY ASTOXUI. , mail, per year, la sdyBo..l.W cntsrrO u trconrt-cMM mail July lSX M pSwrnw. Atorta.ur. loader uie ff Contol Mare t, too, TXLXPKONX MAIN Mi. OffiMal ianer of Clatsop county ana U City of Astoria. a WEATHER. 4 Western Oregon and Washing- ton Fair and warmer except 4 war coast. . BACK-HANDED INFORMATION. . Yesterday morning' Daily Oregouian contained the following mistaken esti 'mate of populaf sentiment here, in As toria in relation to the coming changes in the maritime statu of the Columbia Hirer: "The Astorian (newspaper), once thought that after the completion of the railroad from Portland to Astoria vessels from tb tea nevermore would ascend to Portland. It thinks now that after the completion of the northbank railroad vessels nevermore will ascend to Portland, but will stop at Astoria, leaving' Portland too far inland ever to be much of a town. Xow we have some doubt about that." Astoria never, for moment, baa un dervalued the real and immense poten tiality Portland signifies in the history, commercial and otherwise, of Oregon, nor has its press ever disparaged the citv, as such, but has held it the biggest factor in the busines field and social life of the commonwealth. We have deprecated Portland as a port, and will probably continue to do so fop a while vet. A a metropolis we, with tie rest of the lesser communities of Oregon, are quite proud of Portland and have no other wish than to see it forge and flourish and maintain it pre-eminence, until Astoria, or some other city, shall overtake it and share the class and power it now holds undisputed. But as to the excerpt above printed, we are going to exercise our modesty and allow the Oregonian, itself, to an swer that; we are going to quote the big paper, since it has ably and clearly expressed itself on thishead in terms we may not even hope to match for clarity, precision and effect, and which go the whole length of our present esti mate of conditions, here, and at Port land. In this behalf we offer the text of an Oregonian editorial, uttered on the 10th day of October, 1894, which says: "It is a mod time to press on the sen- lorium of Portland the fact, never per haps sufficiently understood here that the advantages of the gateway of the Columbia River over every other route from the interior to the coast, never will be fully asserted and established till a railway be built along the river from Portland to Astoria, so that the doctrine of common points may be made to tell in our favor, with all Its proper force. Portland does not get the practical bene fit of the sea-board rate on the products of the interior, because there is yet an other charge, to be met somehow, before the sea board if reached. This Has at times been covered in various ways, but it always exists. The railways cannot Jiume. But under their eeneral agree ment delivery may be made from the interior to Astoria ai well as to Port land, whenever a railway line shall be TtendeA tn Astoria. This not only will meet the rivalry, but will establish an movant?, for the Columbia River over Piim Sound: and it is the only way to get it Till this road shall be built, whatever reduction may De mane 10 Portland from the interior will be made also from the interior to Puget Sound; anfl the transoort from Portland to As toria will still be a residual quantity, or remainder. "It has always seemed to us that there were persons in Portland who did not rightly comprehend this important fact. Though vessels may come and do come to Portland, yet Portland if not on the tea-board. Till the 'common point for our great route of commerce, the point in common recognized by the railways, shall be actually at the sea, we shall not get the full advantages of our pott' tion. When, however, we get that com mon noint extended on the man, we shall have advantages over any other commercial position in the Hortnwest, because our chief competitors are not on the sea, but 150 miles from it." This being the season for realization of those things which the Oregonian ty-Onk. tor the W'I''J'V'I"", Corporations and Our Multi-Millionaires. IT 13 gratifying to observe 'that our poople liave always taken time to consider the problems of the times BEFORE ACT LG. An interesting and important question today ia ! whether great individual and corporate wealth ia a menace. Eoonomista have always disagreed over the DEFINITION of wealth! 1 For u$ it will U enough to consider wealth m til our worldlv possessions. It has alwava been the tendency of man to aspire to health and higher conditions. This ia the MAINSPRING OF HUMAN PIiOORs. " Inour own country the result of the aspirations of men for wealth and higher conditions has been the most marvelous growth recorded by history. Americans DO NOT HOARD THEIR WEALTH. They emjloy'it in buying Inxuries and in developing the resources of the country. . ' i u. Ws can refute ranch that has been said against our men of wealth. The usefulness of these men has NEVER been appreciated. Shall we ever forget what Americans of wealth John Adams, Thomas Jefferson, John Hancock, James Madison, Robert Morris, George Washington ill capitalists-Uid m colonial times I At the time of the civil war, when the government was in financial distress, the WEALTHY MEN came to the rescue. We all know how Senator Leland Stanford bestowed his wealth in founding a California univer sity and that John D. Rockefeller's money built the Chicago univer sity. I might mention cases without number of where the seeds of education have been sown broadcast from Maine to Texas by the rich. Brightest among the galaxy of philanthropists shines the name of An drew Carnegie. . : 1 A great amount of wealth IN TOE HANDS OF ONE MAN enables him to direct it in philanthropy and business in a way that will cause it to ba of the greatest value in advancing the welfare of tho country. The cry of "tainted money" very often causes the spirit of the donor to be UNDERRATED. While we now have billionaires, THE POOR ARE GROWING RICHER and the list of taxpayers longer. There need be no fear for the institutions of our couutry by the wealth of individuals, tlreat capitalists are usually self made, and they are usually men of GREAT CHARACTER as well as of great ability. Their wealth may be abused in the hands of heirs. Laws could be passed to prevent such abuse. . Corporate bodies are often managed by irresponsible directors in a manner that makes its wealth A MENACE. It is here that the law has stepped in, and no doubt the enforcement of the laws will Uminate the dangers. THE REMEDY FOR CORPORATION WRONGDOING 13 POUND N PUBLICITY. THE LEGISLATURE SHOULD PASS LAWS COMPELLING ALL CORPORATIONS TO MAKE SEMIANNUAL ACCOUNTINGS. w my U excused for religiously d- j bering to the doctrine it t lonn which time ha U but put into effiwt here. We certainly hold to the prin eiple that Astoria is the only fuport on the upper coast and that iU harbor i the one that will beat serve, nt tnri alone, but the whole staU, and incidentally, the entire Northwest, and most certainly, the city of l'ortlanil. We do not expect that vessel will -top going up the river after the de velopments of the near future have made this the real port of Oregon anj the common point rate on grain ha been advanced to this city. We an too well annriseil of Portland's anibi- ping depot for all the measure-cut wood ping depot for all the nieasturecut wood out of Oregon, and we know site will swing that phase of industry just h long as she can, ana that vessels mum go tip there after many of their cargoes in sort; but we desire to figure as na ture and the beat roles of commerce intended we should, and once we assume that spedfle attitude before the world, we are quite willing to take our chances of holding and increasing the prestige such a consummation centers. We have always had this ambition, as. Portland is best aware; and that time and the counter-movements of commerce have, at last, justified our claim to notice, and use, In this behalf, it would be stranee indeed if we did aught but strive for the farthest and most consummate end of the deal, and this we propose to do unremittingly and as cleverly as lies in ouf power. The Port of Astoria is toe next ana newest maritime proposition in Oregon, and in good time it will be the biggest thing of its class ever Known in tne Korthwest. , FINANCIAL MARKET TORPID. Semi-Annual Money Settlements Cause Strain On Money Resources. NEW YORK, June 22. Securities markets everywhere have been torpid through the week owinz to the percep tion that all available money resources would be required to meet the strain of the semi-annual money settlements. Paris has continued to draw gold rfom Xew York in this preparation and New York's already depleted bank reserves gives Indications that resources must be guarded. While he tock and bond mirkets have been barren of an yde mand they were comparatively free also from any pressure of liquidation. The restored confidence over ft fair out come of the octupus has not been de terminal bv the week's event. Conditions abroad give more anxiety By HENRY CLEW, Wealthy New York Ranker. GROWTH IN TRAFFIC MARKS. Southern Pacific's Figures Show Crest Gains in Various Products. How rapidly the Industrial wealth of the Paeiflc Coast and Southwestern State has grown in recent year, and how transportation has kept pi" with hi nhcnumenal development i shown by compari-ons of trafflc figures in the first and last annual repori. 01 n- Southern Pacific Company, issued by d,o nrpnt. management of this prop erty. As n indication of the growth of the territory served, the unprecedented the transportation of various products over all lines of the exhibit when conidered a an index 01 rn development. Tl.i table has been prepared to show the increase In the transportation oi products of the farm ranch, mine, foreat, and factory. The total increa-e in the Southern Pacific's revenue tonnage from 1002 to 1006, inclusive, reaches a una of 15,891,985: 1906 1902 All other . " . 38fl90 594,497 Agricultural products 40O,039!lJ78,9fiO Animal 852213 259,070 Mineral Fores fa Manufactured 6,018,454il,075,486 4,751,49111,586,374 3,466,17811,268,517 22,454,894,6,562,904 Th ton of revenue freight carried one mile have increased from 4JJ57,e, iitn a flMRKfl7.303 in 1906. Oross re ww (""I ceipts increased in a smaller proportion, for the reason that the larger business done at smaller cost to the snipper. In the same period, 1902-6, the number of pasengers carried one mile on the Houthern Pacific lines increased 97 per cent., and passenger car mileage 113 per cent. Receipts from passenger iruiuc under the Harriman regime have increas. ed 94 per cent. Oross transportation receipts on the Southern Pacific have n from SS3.543.821 in 1902 to $106, 832,550 in 1906, the last year reported. LAWN TENNIS CHAMPIONSHIP. "75TxDOX. June 22. The lawn tennis championship tennis meeting will open at Wimbledon, Monday. Neither L. H. or R. L. Doherty will compete, but the presence of the American players, Miss May Sutton of California, and Reals C Wright, and Karhl H. Behr, the Austra lian j A. F. Wilding and Norman Brooks of New Zealand, lends attractiveness to the field. The drawing today wa fairly kind to the Americans. Wright has to meet Wilding and Brooks in the singles, while in the doubles Wrig'.it end Uehr will have ft had time in meting ; Big Reduction ' - SUITS, SKIRTS AND SUITS VALUES UP TO 135.00 '((' . . 1 ; ; $17.50: : . i i Notice to" our regular patrons. Ths abovs announcement I tU that is necessary to thoat who haw at tended, oar former salts. -; To those who aavo not w Invite Inspection to mry My la Astoria and vicinity. SilKlPetticoats VALUES UP TO J7.50 $4.98 Sole agents for Standard Patterns. Sole agents for Dr. X Warner's1 Rust Proof Corsets. White Linen Suits. X SIHBT0 jm HIIIHHtt MMMHMt THE PORT Or COLUMBIA. Cleland. of the Multnomah cir- ,i.it hrm-h. has handed down iM.ion upholding the constitutionality of the Port of Columbia law. enseiw oy nir Iat legislature, and tted at bar by Mr. Svlveeter Farrell, a well known tax payer and ex-member of the Oregon Stit Pilot Cii'mllon. W. of Astoria, without venturing t" criticize the judgment, respectfully beg to file notice of our non -concurrence, an.1 to sncifst that we shall carry the matte to all the court available, In Iiia .eason and approved procedure,, and that we hope to handle the matter tn maka the decTee reversing the find ings of the Portland jurlt co-iirldental with the eitnblnhinent of the common noint rata on trrnln nt the Port of As toria) t conjunction that will be pecul iarly appropriate and altogether satwy- intf. "We rest, may It please the court," FRUIT DEALERS AFFECTED. Assert That Telejrsphers Strike Wilt Injure Business. CHIC AiK).' June .President Kar of the ( liliago Ixwrd of trade and retary Wren of the Chicago Mm-k Ex- luiiiue declared ,it niirht th.it the .-an Kmnrlwo teleyniphcr Strike will have little effect on board of tm.Ie or stock exchange business In Chicago, Fruit dealers asserted that the strike is likely to have a serious effect on their bwdne. Shipments of perishable fruit it Is declared, will be seriously hampered a a i'ult of a luck of tele graphic communication with Sun Fran cisco and Oakland. At the Western Union and Postal office in Chicago list night all mes sages for both strike point were ac cepted subject to delay. AMERICANS IN TROUBLE. Two Americans Alleged to Have Been in Salvadoi Row. SAX SALVADOR. June 22,-Oeorge and Edward Moissant, American citizens who It i alleired. with a number of Sal vadoreans conspired to capture the bar rack, at Sonsonata a a party of Poten- Mann Kscalon's revolutionary movement are being tried for that offense. Mr.l Merry the American minister, addressed a communication to the government, regarding the cae, threatening a ces sation of diplomatic relations and de manding an Indemnity for the arrest of the Moissants. The Minister of Foreign Relations denied the claim. He ha de clined to refer the mutter to the Salva dorean delegation at Washington. OREGON-PACIFIC DEAL. Long Drawn Out Lawsuit Ended In Favor of Defendant. ' NEW YORK, June 22. One of the most complicated and long continued suits brought In thl jurisdiction for many years was terminated in favor of the defendants Thursdiiy bv a decision of the United States court of appeals of this district. The title of the suit was "Hogg vs. Coe and another." Named at intervals in connection with the ac tion were John I. Blair Rowland Haz ard, S. 8. Sands and Cieorge 8,. Coe. The basis of the suit was the so-called Oregon-Pacific deal, in which It was alleged nnward of 12.000.000 was lost. ' , This suit was brought on assigned DRY GOODS claims originated by suWrtlwr to the svtHlirt fund aealuH the !! of tiitorg 8. Cot, former preldent of the American Exchange Hank, who the trustee under a certain syndicate agree ment formed for the purpose of re establishing some of the railroad inter- ett, and charged Mr. Coe with bad faith In the performance of hi tru.t. JAPS CONSIDER. Joint Meeting of Fl Chambers of Commerce to Consider Situation. TOKIO. June 22.-A Joint nieetlnn of five chamber of commerce was called for today to consider and pss resolu tion on the American nue-tinn. but ow- Inu to the Inability of repr"nttiv from Kyoto and Kobe to arrive In time. the formal meeting w postponed, lb !tlente4 are however ennected each next week. The chamber of commerce to be repreientcd are those of Toklo, Osaka, Kobe, Kyoto and Yokohama. It U apprehended that the sub ret of eont' menial' relation thought It might eonie up for discus-Ion, wi'l not nunie any ili'llniti. form. -Mt careful deliberation I expected before any resolution I given fin 1 1 form. WISDOM NUGGETS. (From "Succc Magazine.") The mnn' of grit rnrrie in hi pres ence a power which spares him the necessity of resenting insult. It I ld thst If Xiipolcon hnl 'pent more time at hi meals and Alexander the fireiit had spent 1cm, the life of fach rotim easily nave ueen uouniea. nn.l tvat .r. flltlll tn til 111. egrity of nerve and brain. Fe.r can Johnson's j& j& Wood Finishing Specialties nd Ornamental Hardwood Floors Refinlsh Your Woodwork Furniture and Floors. Eara you any Old Furniture or Woodwork to refinlsh f If so, then by all mean re finish tbim. Make your Furniture and Wood harmonise by using ' ': . JOHNSON'S PREPARED SPECIALTIES " . See the following fj?!! JOHNSON'S PREPARED WAX ' A complete Finish and Polish for all woods JOHNSON'S POWDERED WAX For Ballroom Floor JOHNSON'S ELECTRIC S0LOO . For Removing Old Fmfea , . JOHNSON'S WOOD DYES For Artistlo Coloring of Woods. Mads In all shades WE ARE BOLK AGENTS. i The Foard & Stakes Hardware Go. jiit'iMirurnbvu ftiiffiMiAtu in TcatA h. fttokM C. Sale JACKETSj Dress vSkirts Best values of the season. 13.25 value.....".!, $2,40 8.75 I 2.85 1 4.75 " 3.48 MO Li. ill..; 3.50 I ..dM 4j;il:.!f4.5o 7.60 " 5.40? An indltsi sssortmtnt of whttt ' skirts, to ouck Umb, mohslr, wool, ', sorts, la' tbi sMson'i'im'srttst stylos. ! Jackets $20.00 values ...,...$12.5 I 15.00 " ............ 9.95 : 7.50 " ........ ... 4.95 Shows la silk, broadcloth 'aal ! coverts. ' COMPANY tMMMHIMMMTff4 sting like a scorpion and torment like a scourge. It Is said that cavalry horses when their rider have been shot in battle wil often come together at the sound of the bugle call and go through their eus tomsry drill from tea forte of habit The men who works by proxy i apt to find himself In the position of Mile sundl.h, who sent hi friend John AI den to propose marriage for him to 1'rlscllla, and lost what he w after. RAILROAD HISTORY. The Nova Scotia Railroad after leav ing Wolfvlll twist under the elbow of th hill, and a little box of a way sta tion, set casually In a hsyfleld, beara the neiue of the Acadian village. The site of Evangeline Grand Pr I half a mil aero the meadows) but some kindly Anania of the railway ha set up, in the (k yard of the station, as It were a group of such stick-smt board sign a normally bear the legend! "Keep off the gnus." Approaching, we read: "Site of Renedlct llellrfontaiiie's llone," "Site of Hall's Forge, and so on. A whimsical and an accommodating thmiahl. this-l,i lesv the rule tourist huiTjlng by in the Flying Uluenoi a vsrnlshed train with a pink engine, the germ of an historical collection. The Travel Magazine. o ' AN IDEAL TRIP Via the CANADIAN PACIFIC ROUTE The popular route T'l - . .-....! - ...... A i 4 lie ifrvai. vwuiv runt . The line la equipped with the fl'ift pnssenger train in the world. The " come and bo" feellnc that you eperienca after taking Hollistr'e Rocky Mountain lea is simpiy wonuerrui. Drugs Increase your weakness. Thia remedy doe the business. 35 cents, Ten or Tablet. held to be so essential and vital then than the domestic position. A. W. Gore and Barrett.