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About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Nov. 17, 1907)
IMPORTANT CONFERENCE t: f President Talks With Cor telyou and Root. !HO REPORTS OBTAINED The Financial Situation Formed Topic But Result Not I Announced.'1, i: MAKING POWERFUL EFFORTS Covtrnmsnt and iuilaeai Men Doing ' Everything Possible to Restors Confl ' ac tod Draw Wlth Fiom Board ing Place Mors Monty CirctiUtH I; 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 dentkl. 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." t7 fii 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. '' . MERER SUICIDES 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 :: ROYALTY WEDS. 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. CROOKED BANKING 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' grcgnting $557,000. Shoots Daughter Drinks Acid. Then v PROMINENT POLITICIAN t-i.-tt t 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 ern ashingwn. WOMAN ARRESTED. 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. BARRETT PREDICTS. 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. FATAL FOOTBALL. 1 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 YALE BEATS PRINCETON Hardest Fought Game Season. ofl CARLISLE - MINNESOTA Indians Defeat the Northern Boys After Considerable Handicap. 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. CARLISLE-MINNESOTA. 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. ' " " Sx i 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. FOOLISH STAMPEDE 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 half. MAKE APPROPRIATION. 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. " aiVfeBC '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-PENNSYLVANIA. 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. OTHER GAMES. At Moscow Idaho 11, "Whitman 0. At Seattle Oregon 6, Washington 0. At Spokane Spokane 4, Multnomah 0. IS NOT FINANCIAL CONCERN i Deliveries Reach Far Into New York Yet Because of Present Stringency . Conservative Merchant Ate Seeding ., Stop Orders on Staple Shipments, f - . WINS, TITLE. 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. B0YC0T1 WELLS-FARGO. 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- u... 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