Alia! llJLVAH.1 vr --
NEW ARRIVALS
: Light; Dark Art and
Matt Green
TARDINIERS
Your choice of any of the Art Vases
in the window
8Bc Each
Open in the evenings
A. V. ALLEN
pH0NBS Brnch Uniontown
Main 711, Mnin 3871 Phore Main 713
: Sole agent for H. S. Fry's Celebrated Cut Glass.
STEAMSHIP LINES
TREADILL TALKS
Explainst Relation to Enormous
California Failure.
HIS VENTURES RUN AWRY
Kama Panic For CoUapM of California
Saft Deposit and Trust Company
He and Eia Brother Seem to Hare
Done Their Utmost to Save it
TEEADWELL TALKS
SAX FRANCISO, Dec 17. Ia astato-
mnt issued last night Jaa. TreadweH a
farmer director of the suspended Uaii
iorni Safe Deposit and Trust Company,
tated that after he and his brother
Jofca had! disposed of their holdings in
J&e mines which are now known as the
Akska TreadwelL eeveral years ago.
itr invested the proceeds in buying
asj developing the Tesla Coal Company
Sa Alameda county
In this venture," said TreadwelT we
expended over a million dollars of our
wa money. The eeal Company did its
lanking with the California Safe Deposit
ad Trust Company, and became invol
ved in an indebtedness in the form of
ferdrafta. It required more money to
emstruct a railroad to the mines and
the bank readily accepted bonds of the
Special Reduction
ON
Japanese Goods
AT
Yokohama
Bazar
An kinds of Japanese goods, including
Gnna wares, baskets, silk handkerchiefs,
loss wares, fans, toys, bamboo furni-
taes, ett, etc. Some goods at half price.
626 Commercial Street
Testa Coal Company and the stock of
the railroad. Later a briquette factory
was started, using a percentage of hard
coal with the Tesla Coal and waa quite
a success until a second plant waa built
but the insurance companies refused to
insure it again and it burned down the
second time and was not rebuilt.
"Later the Western Pacific Railroads
of California was organized through the
efforts of Messrs Bartnett, Brown, John
Tread well and myself with a view of
disposing of the reih-oad property and
turning the funds thus obtained into the
bank The sum realized by the sale was
$750,000 in cash and $1,000,000 in the
Western Facifio Railroads stock, all of
which was credited to the Tesb Coal
Company on its indebtedness to the
bank. The Western Pacific stock was
taken at about 25 per cent of its par
value, which was $100. This still left
a large balance and in an effort to clear
the bank other enterprises were initi
ated. Two of these industries wers the
Carnegie Brick Company and the Pa:iflc
Window Glass Works. The deposits of
clay and silica used in the manufacture
at these works were found on the Tesla
Company lands. The brick company is
an established success and at least four-
fifths of the stock is owned by the
bank. The company has for some time
past produced a net profit of from
120,000 to $30,000 a month, all of which !
has been paid into the bank.
The present years working of the
glass factory should show a profit. The
bank practically owns this venture.
The Eldorado Lumber Company is an
extremely valuable asset and, properly
worked, would be a source of large
profit to the bank. Other ventures
started by myself and associates to aid
in reducing the indebtedness have not
as yet proved profitable. Every ssset
of every kind which- I have, present or
prospective, or that I have had in the
past, is in the hands of my creditors,
hypothecated to secure my indebtedness
to the bank or to outside parties. To
the latter I am indebted for half a mil
lion dollars, all of which I turned into
the bank. In my judgment had it not
been for the panic the bank would have
weathered the storm.
(Continued from psgs 1)
on the Columbia Itivei as well, tn such
scope and at such time, as the exigencies
of the company's business shall demand
and juetifyj everything is to be of the
best class in structure, equipment and
maintenance. In default of the predi
cate referred to above, ns to the inaugu
ration of the line to Alaka, within 12
months Strom the final payment so made,
then the entire amount is to be re
delivered to the subscribers without
further ado.
The foregoing is the substance of the
offering made by Idr, Garland, for hU
syndicate, and the matter was widely
and shrewdly discussed by those pres
ent, and resulted in an enthusiastic ex
pression on the part of all to whom the
matter waa presented. The proposition
had the ring of genuine business, with
no possible phase of burden being
wrought before the plan is qualified to
compensate for the bearing of such bur
den. A fairer proposal was never made
to a community.
Since it was not possible to dispose
oif so large an affair in so limited a time
the meeting adjourned at 11 o'clock, the
adjournment carrying to the hour of
1:30 o'clock this afternoon, at the
Chamber of Commerce hall at which
time and plaoe it ia hoped every man
to whom such a businesslike venture
appeals, will be out to further discuss
it and take such steps ss may be deemed
expedient to secure the splendid ad
vantage.
Mr. Garland is not la Astoria for the
first time, by any means; he has been
out on the coast, looking into the facts
and range of the enterprise he launched
last night, for sometime past and
thoroughly equipped with all the dell
nite information that has inspired
favorable report to his colleagues in the
big premise. He is a quiet, unassuming
gentleman j evidently a closer observer.
and talks business from the shoulder.
He is deeply impressed with the im
mense advantages awaiting develop
ment in the Northwest and is quietly
yet deeply, sanguine of the practical
benefits to innure from the project he
has submitted to this people.
Mr. Garland, and his enterprise, have
been introduced to this community by
the Columbia Trust Company, and last
night's meeting was called at the
stance of that well known concern.
The proposals made in this connee
tion are manifestly fair, and free from
even-thing that savors of buncombe)
snd the pregnant fact that there ia no
talk of donations, stock-taking and like
preliminary requirements, and the
sential development of the business be
fore payment of any pledges whatever,
are qualities that leave the whole propo
sition unhampered in its initial scrutiny
by the people of Astoria, and render
amenable to their fairest and freest
consideration. The meeting today
likely to result in conclusions of para
mount importance to this city for sll
time to come.
Harry Tripler, of Taconia, a Knight
of the Grip, representing the well-known
shoe house of Friedman Shelby Shoe Co,
of St. Louis, was a business visitor in
ths cty yesterday.
State Senator arid Mrs. J. G. Mcgler,
of Brookfield, Wash., were visiting the
city yesterday in behalf of the gift-
token season so nearly at hand.
in
Your Special
Attention
1 !
is called to the fact that we have one of the finest
selected lines of Holiday Goods in Men's Wearing
Apparel ever shown in Astoria
Every Article Fresh, and New and the
Correct Gift For a Man
SHIRTS.
UMBRELLAS,
GLOVES,
SILK MUFFLERS,
SUSPENDERS,
SOX, SWEATERS,
SUIT CASES, SMOKING JACKETS,,
Fancy Vests, Silk Handkerchiefs, Lounging Robes, Ete.
. and
Benjamin's Correct Clothes for Men.
Remember
If It's From Judd's It's Good
JUBD BROS.
The Brownsville Woolen Mill Store
557 Commercial Street, near Twelfth
PLAN A LONE FUND.
Morning Astorian, 60 cents per month
delivered by carrier,
University of Oregon Starts List for
Subscriptions.
University of Oregon, Eugene, Dec. 10.
The University of Oregon is planning
a loan fund of at least $5,000, based in
the belief that a lonn is tetter than an
outright gift in the form of a scholar
hip. Some subscriptions have already
been made to the fund, and a number of
prominent men of the state have agreed
tn guarantee amounts up to SaOO. (Presi-
dent Campbell is using his best efforts 1
.v k Miiim tjvnno tlil vear If.
possible.
Ia almost every high school graduat
ing class there are some who do not
have the meifti for a college education,
but who would take advantage of any
fair opportunity offered tliwn to secure
one. The treasurer of the loan fund,
who Is to be the High Srliool Inspector
and will thus hsve sn opportunity to
know personally the members of the
classes, will work in conjunction with
the city superintendents snd high school
principals. He will make losns 10 suvn
students ss need them each year at a
low rate interest, with the agreement
that they are to repay the principal as
soon as they are able after leaving col
legs. A small amount of life insurance
will 1 taken out on each at the expense
of the fund. It i the plan to have ten
men guarantee the fund against loss to
the amount of $500 each.
The' University has had a small loan
fund of about $300 for the past four
years. During this time, twenty-five
students have been enabled to complete
i.or cnlWe course who otherwise could
not have done so. Only fins loan has
been lost
ELASTIC CURRENCY.
NEW YORK. Deo. 17. Seth Low,
former president of the Columbia Uni
versity, was elected president of the
Vatlonal Civic Federation. The Federa
tion adopted resolutions calling upon
Congress to adopt a ytera of cur
rency imparting greater elasticity.
J. W. Foster, a nromlnent citiien of
MUt. and a dweller there for the past
.10 vcars, U In 4he city on a business
trip, and Is the guest of Frank Oarney.
Mr. Foster rcporte everyimng nonnsi
and satisfactory in his end of the val
ley after the lapse of ths "holidays"
and the prospects 01 wmrvu
bors Just as good as ever.
TEA
We want your goodwill
and your money; not one
cent without that good
will. Your irecsr nturns reur boost If rot doal
Ukt Schilling's Best ; w pr bias.
ATTORNEYS CLASH.
Ths Lie Passes and Law Books and Ink
Stands Fly.
SAN JOSE, Cat. Dec 17-Ths Uerlng.
ton brllry trial about to end, cams to
a Mnrntlonal close, temporarily today,
when District Attorney James Sex and
Attorney Jar man each called ths other
a liar and throw law books and ink
stands at each other's heads. Ths mistls
hurled! by Sex misted its mark and
struck an aged spectator, Zacharlaa
Tiiukee, on the head, fracturing his
skull. He may not recover. Ths com
batants were arrested.
CAb I UK I A
For Iafanti and Children,
Tha Kind You Hava AlwM EO'JficL
S tf v vw w - J - V
Bignatur of
A List of the Very Best Kind of Christmas Offerings
. . , ,. "f - rnr ; civ Wt rlava we will reach the climax of the glad holiday
Christmas bells will soon be ringing: already we seem to hear the distant chimes, for in .short , some . f th ,ovful 8pirit
season. Everywhere around us everything speaks of the festive season; very "esUowink splendid stocks of all kinds of holiday goods and are capable of
We are ready here to do our part toward making the Xmas time what it should be, we are snowing spicBum i
J meetinc vour every wish. . ' , ..- iu
. 0 -
A Gift to Appreciate
THE G0TZIAN GIFT CERTIFICATES Entitles the bearer to a pair of
famous Gotzian Shoes which "fit like your footprint." These artistic little cards
make it possible to give a pair of tfioes as a Christmas present in a delicate
way. You can purchase one from us and the price paid will not appear upon
'its face. The receiver of this gfft certificate can redeem it at anytime. Is
there any more delicately practical Christmas gift than this!
The Gotzaiti Shoe
for men, women and children.
Serviceable Suit Cases
Gents' cowhide linen-lined suitcases with skirt fold in top, 24 inches; prices
range from $1.75 to $15.
Trunks in all sizes and styles from $7.00 to $10.00.
OPE
N
in the
EVENING
Until 8 o'clock.
Helpful Hints as to What to Buy for Him
FINE NECKWEAR Men's fine quality 'four-in-hand nock-wear, shown in all
the season's ktest shades and pattern, ery fine quality, all silk. If you
come at the earliest date possible you will have an extremely large assort
ment from which to choose
SOc to 75c
UMBRELLAS Men's Umbrellas with odd and fancy handles, tlerllng sllvsr
mounting. Covers on the Umbrellas are fine quality silk. Prices from
ftl.OO to fi5.00
FANCY HANDKERCHIEFS Fancy colored silk and linen handkerchiefs,
shown In some very beautiful combinations. One of the latest novelties in
Handkerchiefs.
MEN'S DRESS SHIRTS Make a very appropriate Xmas present. We hav
the Olowett & Monarch. Prices range from .
$1.00 to
LUUKI
NEN
&HARR
ISON
9th & Commercial Sts.