Image provided by: University of Oregon Libraries; Eugene, OR
About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Nov. 17, 1907)
President Talks With Cor
telyou and Root.
!HO REPORTS OBTAINED
The Financial Situation Formed
Topic But Result Not
MAKING POWERFUL EFFORTS
Covtrnmsnt and iuilaeai Men Doing
' Everything Possible to Restors Confl
' ac tod Draw Wlth Fiom Board
ing Place Mors Monty CirctiUtH
j WASHINGTON, D. C, Nov. 16,-Th
i imandal situation formed th (oplo for
; aa Important conference at the Whit
House tonight, those participating in
' addition to the President being 8ertsr
i rU.I.... at,t , I !...... .1...
! General Myer. No statement fM ob
! talnable a to lb reull. Ltr Sacra
lrjr Cortelyou returned to the Whit
1 llfiiia Iam AMit MMnMlnAjl with t Km
. KIWN I ' . n .... " Win
j l"rldent half B hour ben the final
j !!' tnbjeH wW further dleuM.' Se-
retary Cortelyou after leaving the While
House at It o'clock went to the ircai
urjf IVpiirtnipiit.'&wri'tiirjr Garfield aad
, Heerelary Loeb rrr with the President
a portion of the evening. ,' j
It waa leanied later that Frank B.
.Kellogg, special couumj! pf the Govern
. went, wan ato prw?nt at the second
conference with .Secretary Cortelyou. lie
dtwlliiil tn niiko anv itatetuent. urtnir
the whole subject ' was strictly confl
presents have a value of between tw.
and five million dollars. '
, WILL ENACT LAWS.
Chairman Hepburn Regarde Legislation
!f ' u Probable.
OI.A1UNDA, Iowa, Nov. Id. -William
I. Hepburn, chairman of the Home Com
mittee on Interstate and Foreign Com
merce, speaking of possible congressional
egllatlon thl Winter aald i
" regard it a extremely probable
that then will be enacted legiilatlon to
wire the regulation of the Issues of
stocks and bonds of corporation doing
interstate business. I also regard it a
most desirable that the taxing power of
the government should be used to pre
vent gambling In railroad stocks."
1 WOULD KH FAMILY.
Attempt! to Kill Katir famlly-Cufi
Bit Wife's Throat, Thai Dies.
REDDING, Conn., IVor,? lil&MH
temporarily as the result of flnanolii
trouble, Ludan Underwood, professor- of
botany at Columbia University, today
attempted to kill tbe entire family and
after out ling bis wife'a throat, ended
bis own life Jff stabbing himself under
the right ear. He baa been connected
with Columbia University for eight
years. '' .
KBW YORK, Nov. la, "I ticUeve, said
Secretary ; Oortelyou to the Merchants'
Asoclailon in New York, "Tlist if the
money of the country, wherever hoarded,
' at nnre nut hack to f LI I lit 1 its flinn
lions in the channels of trade, there
would be within 24 hours an almost
complete reKtimption of businea opera
;t..... ft , ; i .!. ; ' ,
It it upon this ultuatlon that the at
tlon of the financial world has been con
verged the pat week, The neat of dif
fliMilty .was subject to oontttnt and
sonu-wlmt differing dUnuseion, but tbe
dlffereme did not check diligent and
powerful efforts to remedy the difficulty
and the declining tendency of t 1m prera
1um on currency was an index of the
growing success of these efforts. It is
estimated that the effect of iho ruling
premljim on currency has already drawn
out from hoarding a very largo propor
tion of cash which was withdrawn from
the New York Trut Companies dnring
the runs and thus is restoring it to
channel of banking operations. , t ; t
The monthly statement of the .Treas
ury Department shows that the amount
of all kinds of money , in chelation
November 1 to be $2,876,308,000 whiph
wss an Increase compared to Oi'tolor )
of more then $75,000,000. H I ::
Distinguished Assemblage at Marriage of
Bourbon and Orleans.
IX)NBON, Eng., Nov. iC-Wood Nor
ton, the English home of the Duke of
Orleans, where the pretender to the
throne of France holds court, welcomed a
distinguished company today at the
welding of Prince Charles of Bourbon
and Princess Louse of Orleans. Two
score other royal personages were pres
ent Including the Queens of Spain and
Portugal, Princess Henry of . Batten
burg, Grand Duke Vladimir, ' and foe
King of Spain. Ambassador and Mrs.
Itcid were also present.' The wedding
FATAL PISTOL BATTLK.
flARTLF-SVlLLE, Cs Nov. 19. Oeo.
Williams, of ColllnsvlUe. a United State
deputy marshal and Ernest Lewis, an
alleged bootleg, were killed in a pistol
battle here tonight when. Williams and
Fred Keeler, another deputy attempted
to arrest Lewie. When Williams and
Keeler entered his place, I wis sent a
bullet to Williams' heart- . Before be
could Are again Keeler killed him.
Evidence Found of Illegal Over
,., drafts. r
THE JURY WILL INVESTIGATE
la Securing Appointment of Receivers
, Much Crooked Work is Disclosed in
Methods Of Banks Business Over
Loan Made to President of Half Million
NEW YORK, Nov. 10. In securing the
appointment today of receivers for the
three banks and three trust companies
of New York and Brooklyn, which re
cently sucnded Attorney-General Jack
son declared In ' the Borough Bank,
Brooklyn, and in the Jenkins Trust
Company evidence has been fonnd show-
Ing Illegal over loans of both civil and
criminal liability. In the case of the
Borough Bank, Jackson states there is
evidence of over drafts, forged paper
and other criminal transactions which
should be preentd to the grand jury
In the case of the Jenkins Trust Com
pnny be declares the record show over
Ioan to President John Jenkins, Jr., ag'
Mayor Franklin , McLaughlin
Commits Frightful Deed '
V While Insane.
FINANCIAL REVERSES CAUSE
Was Prominent In Republican Circles
nd Had Served on national Commit
tee-Once Identified With California's
foremost 'Mining Projects, t
1 V- iS:.;:. ' ill
SANTA CRUZ, CaL, Nov. 16.-MaJor
Frank McLaughlin, capitalist, politician
and prominent ; mining man, committed
suicide here today by taking prustic acid
after having shot his daughter, Agnes,
in the temple. Tbe young lady is not
expected to live. The only reason given
for the terrible deed Is contained In a
letter to a friend which states that the
major found himself f financially 'embar
rassed, and it Is thounlit temporary ln-
snitr reiulted "from brooding over hu
financial affairs. i . j
Major McLaughlin was a prominent
figure ia California political affairs and
was identified with tbe Republican party
in that State having served with honor
ss chairman of tho Republican ' State
Central Committee and also as a mem
ber of the Republican national commit
tee. ""' i- ' ' -A
He has alsd been (largely 1 identified
with California's mining interests having
for many years been superintendent and
a large shareholder in the mines in
Butte county controlled by an English
syndicate and known as the Golden
Butterfly and Golden Feather, lid. j
(States ciivuit court, this morning,
granted a temporary injunction applying
to Ka stern Oregon, so that the entire
state Is now emlrce4 In tlte prohibition
on increaned rates. Biinilar action is be
Ing taken In the Federal Court for Wah
Ington by lumber tiianufm-turein In East
SALEM, Or., Nov. 18. Mrs. J. H.
Jones, also known as Mrs, Miller, was
arrested here today, charged with the
larceny of $400 and gold watch from
man named Davktuon, of Seattle. The
alleged robbery was committed in a
room in Portland, Where It is charged
Davidson was given knockout drops. A
Portland detective made the arret.
EARTHQUAKE IS MA2TCLA.
MANILA, P. I, Nor, 16,-iFour sharp
earthquake shocks were felt in Manila
and the surrounding provinces tbe night
of November' 16. No damage was done.
Governor Ge tiers 1 Smith tst attending
tbe theatre and panic was narrowly
averted by his presence of mind in com
manding tbe people to be calm.
DENVER, Colo; Nov.' 18,-John Bar
rett, director of tin International
Bureau of American Republics, speaking
at the banquet given in his honor by the
Denver Chamber of Commerce, made tbe
prediction that eventually Denver would
be connected by canals with the Gulf of
Mexico and the Mississippi river.
WARSAW, Ind, Nov. 16,-James Or
cutt, formerly a student of tbe Winona
Technical Institute, was fatally injured
In a football game here today between
the two high school teams. His skull
was fractured in a collision with another
player. j t --j
Hardest Fought Game
CARLISLE - MINNESOTA
Indians Defeat the Northern
Boys After Considerable
EAST WINS OVER THE WEST
INJUNCTION IN EFFECT. ; j
PORTLAND, Nov. R The injunc
tion restraining the railroads from in
creasing the freight rates on lumber, i
now in effect in all parts of Oregon
where there are railroads. On tlte peti.-i
RECLAMATION MONEY. -
, WASHINGTON, D. C, Nov. 18.-The
reclamation fund account, arising from
receipts from all sources in the disposal
of publio lands, credits $032,841, to the
State of Washington; ' ' - ;f
r WALKING LONG DISTANCE.
PAINESVILLE, Ohio. Nov. I6.-EJ
ward !P. Weston, the pedestrian, who is
walking from Portland, Maine, to Chi
cago is expected to arrive in Painesville
at midnight and 'will rest here Sunday.
SPECULATED IN STOCKS.
CHICAGO, Nov. R-Speculation in
fctoek reunited yesterday in the arrest
of Samuel W. Wells, cashier for L M
Smith and Brothers, real estate dealers.
Wells, according to Mr. Smith, head of
the firm, has taken $0150 of the com
pany's money in six months. Wells ad
mitted his guilt to his employers a week
ago and hoped to escape arrest by mak
tion of seven Eastern Oregon lumber injj good the shortage. He is 42 years
Pennsylvania Shows Superiority In Both
Halves Over Ann Arbor Clever Trick
Secure Touch Down aad Goal Other
Game . ,, A ;.:, ,.,J"
NEW HAVEN, Conn. Nor. 16.-Tbe
Yale bulldog Won over the Princeton
tiger on the football field today by a
score of twelve to ten. , Thirty four
thousand enthusiasts saw, the hardest
fought game of the year, the result be
ing in doubt until the finUh. , , a
, For the first time since 1903 the orange
and black crossed the goal line of the
blue and aided by the toe of Harlan.
added (he score of field goal to-her
touchdown and goal It wag ten to noth
ing against Yale' at one stage , of the
game but Yale's grit came to her rescue
and good generalship found hole in the
weakness - the Princeton line in the
second half.) Ethel Roosevelt, daughter
of the President, attended the game.
Ilvered by the "Wells-Fargo Express
Company shall be cancelled. ' : ' '
This action will be taken because' of
an orucr received by tbe local agent of
the company today to the effect that
all payments to tbe company must bo
made in gold coin. , The local banks ars
operating on a clearing-house bail and
the general business of tbe city is going
on the same as usual, with the exception
of transactions with the Wells-Fargo
Company. ,. ... . . '
VERDICT IS GUILTY. t
HAHNVTLLE; La, Nov. 16-Tbe jury
in the ease of Leonard Gebbia returned
a verdict of guilty today. Tbe convic
tion of Gebbia and his sister condemns
to death two person who were regarded
as minor participant in kidnapping,
while four other more directly connect
ed received only life sentences.
FILIPINO DELEGATES. ' I
MANILA, P. L, Nov. 1.-Tbe SMem"
bly is discussing the sending of dele
gates to Washington. Commissioner
rBenito Legardo will probably be one of
tne delegate. ' " "
KILLED FY TRAIN. " ' -
x' . . 'ri . vt i -. i.iVi:i;.:..
' NEW YORK. Not. loWoaepli' H,
Rekstein, a wealthy lumberman, was in
stantly killed and bis wife and Supreme
Court Justice and Mrs. Alfred Stealer
were injured tonight, When a West Shore
engine struck the" automobile in "which
they were riding ner Englewood,' N. J.
WINS SIX-DAY RACE. f
. 4W6TON. Nov. 18r-4Toyd Krebs, a
partner of Huge McLean, carried his
team to victory in the. six-day bicycle
race at the Park Square Rink tonight.
Country Merchants Cancelling
Orders for Staples.
MINNEAPOLIS KovV Ifl-The ' Car
lisle Indians defeated , Minnesota today
by a score of 12 to 10 in a highly spec
tacular game. . Showing wonderful im
provement in form, afimiesota, after bei
ng favored with a fumble ,on kickott
scored a goal from the field on a drop
kick by (ieor"e Oapron from the 35-yard
line on the fourth play of the game.
Tbe Indians came back and (by a clever
trick and plays beautifully executed is
forward passes, sent Captain Lubo and
Gardner over tho line for two touch
downs before the first half ended. Min
nesota scored a touchdown in the second
PORTLAND, Nov. Ifl.-The jrenoral
committee on "home missions and church
extension of the Methodist Episcopal
Church, today appropriated $48,425 for
work among th colored people in the
territory under the star and stripes.
Of this, sunt the majority goes to the
South; The Pu'get Sound conference was
alloted $250. t , , j ' - v
SPOKANE MAN DEAD.
SACRAMENTO, Cal., Nov.' 18.-Joseph
Reott, a well known business man of
Spokane, was found dead in a hotel in
this elty today. IIi clothing gave evi
dence of financial straits.
MILLS SHUT DOWN.
fYORK, Pa!,,!Nov. 10. Three silk mills
of this city, owned by the American Silk
Company closed at noon today, throwing
between 800 and a thousand employes
out of work. "
'i M 1 .... liT
A FINANCIAL BARNYARD VjCUO. , , , .
The Turkey The old man can feed mc all that he wishes to, "but I've got
tbe joke on him in case this financial stringency keeps up anj the diet of turkey
is limited. ' . ,. . . ,-. ,: ,
ANN ARBOR, Mich., Nov." 18 Eastern
football triumphed once more over the
West today when Pennsylvania defeated
Michigan, 6 to 0.- It was Michigan's first
defeat on the ferry field. ' The weather
conditions were ideal and 18,000 saw the
game. The Pennsylvania's score repre
sents one touchdown 'and goal for which
a clexerly executed one-side kiek, which
enabled Gallagher to cros Michigan's
goal with the ball was1 responsible. It
is generally conceded.Pennsylvania show
ed superiority throughout both halves.
At Moscow Idaho 11, "Whitman 0.
At Seattle Oregon 6, Washington 0.
At Spokane Spokane 4, Multnomah 0.
IS NOT FINANCIAL CONCERN
Deliveries Reach Far Into New York
Yet Because of Present Stringency
. Conservative Merchant Ate Seeding
., Stop Orders on Staple Shipments, f - .
CORVALLIS, Or, Nov. 16. The Ore
gon Agricultural College football team
cinched the title to the championship
of Oregon today by defeating William
ette University by a score of 42 to 0.
Merchants of Btsbee, Aritona, Cancel Or
ders Over Express 'Lines. ''"1
BISBEE, Arizona, Nov. 16. At a
meeting of practically all of the mer
chants of this city which wilt be held
today, a resolution will be passed to the
effect that all orders of goods from other
part of the country which would be de-
NEW YORK. Nov; 16.-A feature of
the current financial strain, says the
Journal of Commerce today, highly illu
minative of how even usually calm and
conservative mercantile interests mav
lose their equanimity! and join a sense
less stampede, is the promptness with
wJiich cancellations of forward mer
chandise orders are beginning to reach
large New York merchant from theh-
iuterior customers. ; :..
The cancellation movement is not a
matter of immediate financial concern
to the interior merchants; it applies as
rule to contemplated . , deliveries ex
tending well into the new year. It also
applies in large measure to staple goods,
which even under extremely adverse cir
cumstances will necessarily be required
for consumption and on which it is as
serted the probabilities of severe reduc
tions in prices are not especially promis
ing. Aew, York merchants recognize the
misapprehension under which the inter
ior merchants are applying for releases.
they are not accepting the cancellation
but are instead showing their clients the
danger of the course that is being pur
sued as well as the extreme probability
of the entire cancellation movement be
ing overdone. . :i .,
; It U; important that the New York
houses and other1 large handlers will not
accept the cancellations. So far as im
mediate . financial transactions are con-
cerneo. iney , are, ; wnerever necessary,
willing to show whatever cooperation
may be desirable to carry speciflo tran
sactions over the current period of acute
strain, but they are not willing to can
cel orders already confirmed nor to un
duly delay delivery. ,i .v .
. Letters to this effect are being sent
to interior merchants who have applied
for cancellation of orders. , V