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About The morning Astorian. (Astoria, Or.) 1899-1930 | View Entire Issue (Dec. 31, 1907)
V PUBLISHES FULL ASSOCIATED PRESSMCPORT VOLUME LX1H, NO; 28 ftlt COVERS THI MORNING FIELD ONTHC LOWER COLUMBIA ASTORIA, OREGON, TUESDAY, DECEMBER 31, 1907 PRICE FIVE CENTS fiBET TAFT WITH CHEERS Referred to as the Next i President. BOSTON GIVES WELCOME Banquet at the Somerset House Closes Strenuous Day for Secretary. ADDRESS MINISTERS MEETING Shakes Hands With Jtwt tad Then Delivers Address Befort Bottoa Mer chants' Association Taft Doeta't Be lieve En Govcrament Owaerthlp, BOSTON, Dec 30Greeted with ehecrt th "Next president of the United Stat," a toplo "which ha care full avoided in lilt own remarks, how ever, ?ecrelary Taft tonight dellvorej hi first speech lne lilt globe-trotting (our at th annual banquet of the Bos ion Merchant' Association at the Hotel Somerset. The banquet dosed a ttra'iuout day tot the Secretary, during which h de livered a brief addre to 400 minister In the morning, attended a reception and poke More gatlierlng of Jew In the afternoon. An the Secretary roeo to speak lonluht all the guettt stood up with him and filled the air with long con tinued cheer. - . Oalla for "Three eheert for Secretary Taft, next president of the United State," were heartily responded to. Secretary Taft then delivered the fol lowing epeeuh which wa read (torn manuscript, making no reference to hie own candidacy for the presidency or other topic t "Gentlemen of Uie Merchant and Manufacturer' Association, of Boston I Mil glad to 1 here,, , "For more than two year I have keen trying to accept your kind invitation. I do not feel strange In this New ' Eng land company. My father wa born In Vermont my mother wa bora in Boe- ton; my two jrrandfatlior were born In Mendone, in Worcester county. Much of my boyhood wa spent in Millbury, and I wr educated at Vnle, While I cannot -claim to lie one of you, I like to boattt that 1 lmve enjoyed the good influence of the ame tradition. . "I had expected to talk to you about the riiilipplnc tonight.:,- That was one of the rcasona wliy I accepted the Invi tation so lightly, it la a subject easy for mo to talk about. It may be it it get ting a little ttale. For instance, I have found that one of tho best methods of discouraging my friend, the corre spondent of the press In Washington, from pursuing cmlwrrjuwlng inquiries Into other matters, Is to Insist on discuss ing with thom for publication' interest ing phase of the Phllippino situation. They leave forthwith. Bujt I had tup posed that however dead the islands way be m a topic Inviting discussion nd attracting attention elsewhere, one could rouse some excitement over it, still in Boston. I have been warned, however, that here, too, there were sub jects more absorbing, at least for busi ness men, So when 1 1 we honored by an invitation for this morning to address the ministers of Boston, whose profession .carries them naturally In a considera tion of other words, I said my say In respect to the Philippines and the 4o me very absorbing national pro blem, which I hope and believe we are working out euocesfully. It follows that for this company, I mut find another eubject. '" ! ; '!" v f ' "During the last three months the country hoe suffered if ram a severe mone tary panic. Even yet the clearing house certificate linger in your bank ex change a einplmUo evident i itet severity and of tlie extreme measure which had to he taken to avoid greater disaster, Doubtl many of my bearers lmve not yet recovered from the Intense nervous strain and mental suffering to which (liny have been subjected sine the middle of October. The paolo hat been given a certain political bearing and importance. For tbla reason I have fleet! for my topic of tonight "Th Panic of 1007, its Cause, Ita probable effects ami the relation to It of the poll cl of the National Administration." "What did cause the panic t Writers on financial subject who nave given their llvit snd constant attention to mater of this kind who are able to In stitute a comparison of Uhe present psulo with previous panics, and who are entirely famlllari witty Uie conditions preceding all of them, substantially Kre upon the cause, " "Panlo and industrial depressions art the result of the characteristic of feu nmn nature, which manifest themselves la business and elsewhere, The world generally baa a certain amount of loan side capital available for new enter prise or the enlargement of old one. In periods of prosperity, tbla capital with the instrumentalities for enlarging it potentially by credits I put Into new enterprises, which are profitable and the increase In free capital goes on almost in arithmetical progressions. After a time, however, expense of operation and wages Increase and the profit from the new enterprise grows smaller. The loanable oapltsl gradually change Its form into investments Ice and less con vertible. Much of that which might lie capital Is wasted in unwise enterprises in extravagance In living. In iwart and absolute destruction of property, until the available free capital becomes well nigh exhausted the world over and the progress of new enterprises must await the savings of more, Men continue to (Continued on psge 2) SESSION IS CALLED Governor Sparks Issues Call for Legislature. DELUGED WITH TELEGRAMS CiUient Send Many Messages Urging Nevada's Chief Executive to Find Some Way of Settling Labor Troubles- Troop Will Stay Three Weeks. CARSON CITY, Nev., Dee, 30.-3over. nor Kparka today called an extra sos sion of tho legislature to convene Janu ary 14. For the last 24 hours the Gov emor ha been deluged with diapatchei from alt over the state urging the call ing of an extra session to settle the labor trouble. , GOIdFIELI, Nev., Deo. 30-Acting on the suggestion "of prominent citieent here, Captain Cox, who is representing Governor Sparks here, advised the Gov emor this morning that two cull com panics of Federal troops would be ample for the situation, and advised that he excuse the remainder now here from further service In Nevada, Temporary barracks mill be erected for those who remain, i . DENY PRIVILEGE. Canadian Government Refuses United States Officer Courtesy. , VANCOUVER, Dec,N80. The prlvl lege of witnessing the examination at Victoria by Canadian officers of Japan ese Immigrant bound for the United States via Vancouver has been denied United States Immigration officer. The withdrawal of this privilege, following the complaint of the Japanese consul at Vancouver because American officers re fused to examln at Vancouver, American-bound Japanese, ha Inspired the question whether Canada withdraws the courtesy at the Instance of the Japanese government. Ullll WILL IH GOOD Gives Notice He Will Pro- tect Depositors. GUARANTEES PAYMENT Pioneer Banker Makes State ment to Associated Press Last Night WILL MAKE DEFICIT GOOD Under Direction of Court Will Take Over Assets and Realize on Them as Fast at Practicable Detailed Statement Will be Made Later, PORTLAND. Dee. 30.-In a statement to the Associated Pre tonight, William M. Ladd, head of the banking firm of Ladd & Tilton, make known bis inten tlon to assume he obligation of the defunct Title Guarantee & Trust Co. and guarantee the payment in ifull of all depositor. Ladd ivrat at one. time president of the Title Guarantee & Trust Co. and at the time it failed the bank was using stationery bearing his name. A large number of depositors have, since the bank's failure, declared they patron lied the institution under the assump tion that Ladd was still at It's bead. Hie statement given the Associated Press by Ladd is a follows: "The plan will probably be under the direction of the court to take over the assets and realize upon them as fast as practicable for the best interest of all concerned, and distribute the dividends, and whatever deficit Wiere may be I will make good within three years from now. A detailed statement of my plans will lie laid before the court later." Next Monday the first steps toward prosecuting the officer of the bank crira inally will begin. District Attorney Man nlng has already drafted the papers and by the time the cases are set for trial, the Tcporte of the experts will be coin pleted. 4 PHYSICIANS QUARANTINED. Sayt Give Are Held Because a Sixth ' Case is Smallpox. CHICAGO, Dec, 30. Five physicians were held five hours in quarantine in t building iu South Chicago yesterday be cause of a diaimosig .by a sixth that a patient wae suffering from smallpox. While the patient waited to be re moved to tlie isolation hospital police men outside rofused to permit anybody to enter or leave the building. The five quarantined doctors insisted that the patient had chicken pox. Tlie policemen finally asked a physi cian hvith offices in another building to decide and he said it was a case ' of alilcken pox. Then the quarantine was removed. BANK WILL REOPEN. Oregon Trust & Stvingt Bank Will Effect Merger, PORTLAND, Dec 30, The Oregonian tomorrow will sayt Unless present plans miscarry, the Oregon Trust 4 Savings Bank which failed August 21et for nearly $2,500,00, will be reopened by the German-American Bank of this city, and merged with tie latter institution. The plan is said to hinge' on obtaining an order from the courts which will enable the German-American to pay off the Oregon Trust depositors in installments, 8. G. IReed, treasurer of the Portland gonian states, has been offered the presi dency of the bank. . , ' - UPHOLD SALOON. in the au-worker Declared to be Ethkal Necessity Great Cities. CHICAGO, Dec 30-The Sunday sa loon mm indorsed yesterday at the Sun day set-ion of the National Ktlileal Con vention. . Enthusiastic applause from dienoe of social settlement greeUd the pronouncement a in favor of allowing the "poor man" to have "his club" tlie saloon on Sunday, at well as on the other days o the week. Dr. Emil G. llirech, of Chicago, snd Prwf. Nathaniel Schmidt, of Cornell Uni versity, were the sjieaki rs who had good words to say for the operation of sa loon on Sunday. It wa as an ethical necessity' not an ethical ideal, that the Sunday saloon wa defended and favored by the delegates. The speaker pointed out that those who were advocating the suppression of the Sunday saloon in Chicago are unable to offer anything to take its place. Urtil tbey can do so, it mm argued, the Sunday saloon should be tolerated if not upheld a one of the necessities of modern life in great cities. :' - - v '. - t COLLIDES WITH" SHIP. Towboat Cut in Two in Portland Harbor But Crew Escapes. PORTLAND. Dec. 3ft The river steamer Annie Comings rsn into a ship anchored in the lower harbor, In this city about 0:30 tonight, and sank in three minutes. The crew is said to have escaped. The Comings was a towboat and carried no passengers. The vessel wan the French bark Europe anchored in the stream opposite St Johns. The pilot of the Coming undertook to cross her bow but underestimated the strength of Uie current and tlie steamer ewept broadside across the Europe's prow. The Coming was cut in two, and the crew and cook, a woman, of the Comings, clumbored up the anchor chains"onto the deck of the Europe. HAROEN CASE CLOSES Judgment Probably Rendered on Thursday Next COUNT WAS NOT ABNORMAL Von Moltke Takes Stand and Denies That he Used Cosmetics to Beautify Hit Appearance Kissed Handkerchief Belonging to Zu Eulenberg. t BERLIN, Dec, 30,-The taking of evidence in the Harden case, came to an end th'w aifternoon and the case ad jounuM. final pleadings will occupy tomorrow and judgment will probably be rendered Thursday. After consider able evidence regarding the hysterical nature of Mrs, Von Elbe, tlje physician attained to the law courts gave expert opinion that there iwaa not the least foundation for the charge of abnormality against Baron Von Moltke, Count Kuno Von Moltke then took the stand. He denied using cosmetic to beautify his appearance. He explained the handker chief episode by saying that owing to his wife's jealousy he had refrained from going to Zu Gutenberg's house. After a scene with his wtfe one day he picked up a handkerchief belonging to Zu Eulenberg and kissed it in an affec tionate manner, to eee whether this would provoke an outbreak of jealousy from the Countess. Dr. Magnus Hirsoa field who at the but trial swore Von Moltke was abnormal, was severely cross questioned today and withdrew bis prev ious statement. , CROWD THE COURTS. SPOKANE, Dec. 30.-The 218 saloon keepers who were arrested for Sunday law violation appeared in court - this morning to he surrendered to their bonds men. Appeals and an application for f writ of habeas corpus were denied by the superior court. The saloonmen are ready to go to jail, expecting to over crowd the city's accommodations. The court postponed action until Friday. JURY MS TRUE BILLS Frenzied Bankers Charged With Embezzlement. TREADWELL I INDICTED Director of Alaska Fame Comes Under a Ban of Jury. , DUMMY NOTES FOR SECURITY California Safe Deposit e Trust Com pany Officials Must Face Several Charges of Mishandling People' Funds Bail it Fixed at High Figure. SAX FRANCISCO, Dec. 30.-Folkw-ing an' investigation into the affairs of tlie California, Safe Deposit & Trust Co, which failed owing it depositors nearly nine millions, indictment were returned ( this afternoon by the grand jury charg ing James Dabsell Brown, former general manager; Walter, J. Bartnett, former vke prcsident, and general counsel and director and James Treadwell, s direc tor, with felony embezzlement. One in dictment was returned against Brown and Bartnett and two against Treadwell Bench warrant Iwere issued and the bail fixed at $30,000 tfor Brown, $35,000 for Bartnett, and $75,000 against Treadwell Brown and Bartnett are already in jail charged with embezzlement of securities valued at $205,000, belonging to the Col ton estate. Brown & charged with tak ing them as security for money loaned on stock not issued until some time af ter the note was given. Bartnett is charged with securing money from the bank through a "dummy' note. One indictment against Treadwell, who is Treadwell of the Treadwell Alaska Mine fame, was based on the loans and overdrafts ffom the bank in which he was a director and paying interest there on by notes. The second Indictment against him ia based on specifically one of these transactions. arm on the track and it was cut off clot to hi body. Tlie tide of hi face wa badly mangled. Ha was tak -n to Port land on No. 18. RECORD EARTHQUAKE. Foreign Observatories Take Hot Great Seismic Disturbance. of LAIBACU Hungary, Dee. 30. Th observatory here records a series of for midable earthquake this morning which Professor Belar says muet have occurred in the center of the mainland betweeB Mexico and Colombo. The shocks lasted four hours. SIHDE, Isle of Wight, Dee. 10,-ghide Kill observatory recorded an earthquak t.' is morning. Professor Mime, a famous authority, says it is one of the greatest earthquake experienced in some time. He believe the disturbance is of subma rine origin and may prove to have been most destructive. INSANE BENEFITTED. Large Illuminated Painting of Christ. Exhibited in Asylum. CHICAGO, Dec, 30. A despatch to the Record -Herald ' from Massillon. Ohio, says: The physicians at tbe state hospital for tbe insane yesterday tried the ex periment of exhibiting to the patient a large painting of Christ illuminated by electric light. It is believed that by thus concentrating the attention of the ' insane upon this picture a beneficial therapeutic effect will be produced in their recovery. Many of the patients, recognizing the subject of the painting, raised their hands in supplication toward it and some fell on their- knees and wept. PRESIDENT RETURNS. WASHINGTON, Dec. 30,-PreeiJent Roosevelt returned tonight from Pine Knot, Va. . , . . , CLEARING "CRIME AND THE NEGRO." Colored Professor Believes 'Negro Crim inals Are Made by Society. CHICAGO, Dec. 30.-J'There are a few negro criminals by instinct, but the overwhelming number are made crim inals by society," said Prof. W. S. Scar borough, of Wilberforce University, in an address last night in Bethel A. M. E. Church on "Crime and the Negro." "Our nice is discriminated against and our people are forced out of the best in dustrial fields," 'he went on. "We are burned at the stake, lynched and hunted and tbe negro would be more than an angel to withstand such treatment as that. Some of our enemies are in the pulpits and in high social and political life. They should be, put in jail till they learn to keep the peace." AUTOMOBILE COLLISION. CHICAGO, Decv 30. In a collision be tween an automobile and a street car last night, Win. N. Sharp, president of the firm of Sharp & Smitjh, and his book keeper, Miss Rose O'Connor, were se verely) hurt. Four other persona were slightly injured. BRAKEMAN INJURED. ROSEBURG, Or, Dec. 30. A. L. Cole, a passenger brakeman, suffered terrible injuries in the yard here last night. While checking up passenger train No. 16 a light engine backing up on a side track hit Cole in the back. He fell with his Woman Found in Pond Positively Identified, HAD MONEY AND WORE RING New York Woman Dined With Deceased on Christmas Day and States That the Murdered Woman Went to Join Party in Newark. NEW! YORK, Dec 30. Some light was thrown on the Harrison, N. J, murder mystery today when Mira. Frank Hull declared the dead woman was Mrs. Agnes Young, who formerly lived with her and later- with a Mrs. King in Brooklyn. The police believe Mrs. Hull's identification is correct. Mirs. Hull said she went to Jersey City with Mrs. Young on Christ mas day when they had luncheon with a . man hvthstm aTiA nam WYiam Iia liinnl,. . eon party broke up Mrs. Hull returned to this city, and Mrs. Young went to Newark, Mrs. Hull says, to join-a party. She said Mrs, Young was a stenographer. Also Mrs. Young was the wife of an en gineer, but had not Uved with her hus band for several year. She states on Christmas day that Mrs. Young had $300 in. her purse and wore a diamond ring. ,- ( HANDED SOUR LEMON. WASHINGTON. Deo. 30. The Sea men' Union met temporary defeat to day in their fight against the employ ment of Chinese seamen on Faciflo Coast vessels. Representatives called upon Attorney-General Bonaparte today and ex pressed an opinion that the employment of Chinese on the vessel was a violation of the exclusion act. Bouaparte Inform ed the committee that he could only furnish the president and the heads of the departments affected with their opin ion for optional action; : It is understood that tbe union will prepare a petition to the president asking him for an, expres sion of an opinion in this regard.