. V
TUESDAY, MARCH 10, 1901.
THE MORNING ASTORIAN, ASTORIA, OREGON.
8
P'TH; T.8T.U
Certain Proposed Legislation by
the Present Congress.
'SERIOUS DANGER THREATENS
V
Tht Bills Are so Framed That if
Enacted it Will bi Impossible to
i Conduct tho Builneti of Marketing
tht Crops of Thli Country. .,
WASHINGTON, Mar, 0,-The
commercial interests of the country,
and particularly of the central wot,
lire beginning to recognize the icr
lotto danger that threaten the wd
fare of the farming community, by
reason of certain proponed legislation
by the prctent Cottgre at embodied
In several bill that have beer) Intro
duced, regarding the wile of grain
f - I... .1. !..... f I. I. ill. ...
framed that if enacted it will be im
tittmtllit to conduct the btitlnet of
marketing the crop of thii country
upon the preterit system, which U
the remit of yean of experience and
which ii thought to be the most econ
omical, satisfactory and scientific
method of disposing o( the cropi at
ntlninum cost to the producer.
Thii situation I io well recognized
by the butinen interest if the central
west that' auch large' commercial
bodies at the Minneapolis Bankers'
Clearing Home Association, the St
Louis Chamber of Commerce, the Ill
inois, Manufacturers' Association, the
Chicago Association of Commerce,
the Chicago Board of Trade, all of
'the national banks and trust compan
ies of Chicago, and the stock ex
changes of Kansas City, Omaha, Buf
falo. Philadelphia. Baltimore, New
York and Boston, are protesting
gainst the passage of these bills.
committee, consisting of Hiram N
Sager, president of the Chicago board
of trade, William S. Warren, of Hul
bard and Warren, a former president
of that body, B. A. Eckhart, the
largest flour miller in Illinois, and B
B. Bryan, of Logan and Bryan, com
mission merchants, Is in Washington
to confer with some of the members
of Congress with a view of detcrmin
Ing whether these bills are likely to
pass, nnd to point out to their re
presentatlves the very great injury
that will Inevitably result from such
legislation.
In an interview, Mr. Sager, who by
reason of his position at the head of
the Chicago Board of Trade is per
haps best qualified to speak, express
ed himself as follows:
"Under the present system of sell
ing grain, the grain merchants of the
large exchanges offer daily, by tele
graph to buyers in the eastern states,
or by cable to Europe, different par
eels of grain of different grades and
?.' - I ! !! IT ,1..
(JMttlHICB, IIIVII Ulicin U'l'l, 111..
current market. If the offers are ac
cepted these merchants immediately
IV the grain to fill their sate, either
iront tnc country grain ucaicrs or
from sellers on the large exchanges.
By the pending legislation makes it
a crime to offer grain for sale unless
it has been previously bought and is,
at the time it is offered for sale, actu
ally in the possession of the party
offering to sell it.
"It is evident therefore that if the
seller, before offering the grain to the
eastern states or Europe for sale,
must go into the market and purchase
the grain, he will immediately be
come a speculator on his purchases,
and, to cover possible loss in case he
fails to sell it promptly, will of neces
sity have to buy the grain from the
farmers at a much wider margin of
profit than is now exacted.
,! "This feature of the proposed leg
islation is beginning to command the
serious attention of the producer, and
it is to be hoped that Congress, in its
efforts to eliminate the bucket-shop
evil, will not overlook tho very grave
end serious Injury that would befall
the legitimate commerce of this counr
try in case the bills in their present
form are permitted to pass."
nw ATT BBftrTH TM rPHIPMT
amnArfM iv. . mt ;
nrnfiu In the Portland cement in
dustry are very large, and this belief
is energetically fostered by many so
called "cement engineers" and "cem
ent experts," as well as by irrespbnsi-
I MS JH
i
ble promoters it the ttatement made
by Prof, Kummel, States Geologist
of New Jersey, in hit annual report
for 1907, says Cement Age. For in
stance' a pr6spcctu' recently issued
to exploit Portland 'cement promises
a clean profit of tixty centt on each
barrel of cement manufactured, and
asserts that this big margin profit
should be Just at ture In thli com
pany at a four per cent, in a bank or
a trust company or a seven per cent
Pennsylvania railroad 1 stock. The
actual fact seems to be, on the con
trary, that there it not now, and bat
not been for a' number of years, a
large margin of profit for most of the
plants now engaged In Portland cent
cnt manufacture. According to some
authorities, the cost of manufacture
In the Lehigh district (which cm
braces also Warren County, N. J.),
in a , 2000-barrel-ptr-day plant,
ranges from 77 3 4 cents to 68 cents
per barrel, exclusive of the package,
according to the size and number of
kilns, while in the smaller plants the
cost is somewhat higher. These pub
lished figures are somewhat lower
than similar data obtained direct
from cement manufacturers of New
Jersey and Pennsylvania. These
show costs between 80 and 90 cents
per barrel when all fixed , charges,
such as interest on the plant, depreci
ation, etc, have been allowed for.but
they do not include the cost of the
package in which the cement is ship
ped. During the past three or four
years, the selling price of cement has
varied considerably. A careful dis
tinction must be made between the
price in bulk and the price including
the package. The average cost of the
package it 35 centt for a barrel, 40
centt (per barrel) for . cloth bags,
and IS centt (per barrel for paper
bags, Thiscost it charged to the pur
chaser with a rebate of about 75 per
cent for the return of the barrel or
cloth bags in good condition. Since
the cost of these packages it not in
eluded in the cost of manufacture as
given above, it must therefore be de
ducted from the telling price in order
to arrive at a true determination of
the margin of profit The present
selling price at the milt is from 85 to
95 cents although some sales have
been made at lower figures. A com
parison of these figures with the aver
age cost per barrel it evidence at once
that the margin of profit it close
Whenever the net selling price of
cement (exclusive ot the package,
freight, etc.), reaches 80 per barrel at
the mill, tome of the mills of the Le
high district sell at an actual loss, and
the average dividends paid by one of
the most successful plants since its
establishment are reported not to
have exceeded six per cent, on the
capital stock. During 1904 and 1905
the margin of profit of one of the
large mill was only a few cents per
barrel, with nothing allowed for de
preciation of the plant. It can be ac
cepted as certain, therefore, that all
claims of net profit of "60 cents per
barrel" for 'Portland cement are
grossly exaggerated, if not wilfully
fraudulent.
Exchanged and
None Delivered
: Fife
It is getting
It
W',. ' ' U-;.' J.,'. .l.J
ie ffibre
Come Yourself
QiTelephone i
,91 f - i ,i
more exciting as the end
. r draws ws.
impossible to "wait on all the
people yesterday ana the crowd
n V i
er
was
will
be
larg"
Mi 1
No Cause on Record.
There is no case on record of
cough or cold resulting in pneumonia
or consumption after Foley's Honey
and Tar has been taken, as it will stop
your cough and break up your cold
quickly. Refuse any but the genuine
Foley's Honey and Tar in a yellow
package. Contains no opiates and is
safe and sure. T. F. Laurin, Owl
Drug Store.
MILES AND MILES.
"Will we never drop miles for kilo
meters?" said a mathematician,
"Miles are very confusing. A kilo
meter, the world over, is a kilometer,
but a mile in America is 1760 yards,
while in Sweden it is 11,703 yards,
and in China it is 629 yards.
"The Bohcmains go in for a long
mile, So do the Danes, the Hungar
ians, the Poles, the Swiss. If you
walk three miles a day among those
people, you would have done pretty
well; you have covered about fifteen
of your own miles.
f There are, Hn fact, 'thirty-seven
kinds of miles! It would take eigh
teen of the shortest to egual one of
the longest' The rest vary in size
between those two extremes. Doesn't
the world, then, need one measure
the kilo, that it may use without con
fusion? Consider. A train that goes
168 miles an hour in China would go
only nine miles an hour in Sweden."
f KEF ABED INSTANTLY, Simply dd bolt
tnt water, coo) and c pur pactacd tt
11 grocers. 1 fUvorS. Rotas ill substitutes. '
Willis Clark of Marion, O., offers
to bet $100 that his Maltese cat can
catch a fox in a straightway run be
fore he crosses a hundred acre field
after the fox has a three minute start.
V'VJ s'v.!U
Harlan W. Kingsbury of Sterling,
Mass.," saw a fox carfy off his tomcat
one night recently. He says that the
cat put Up a; good fight, but that" the
fox was too much for it
m
-'3
iI
Mi's 'i
toaav.
- -
t. -. . i o S t t
IblLMEW
to our customers to do their trading early we dl again put on sale
our entire line of fine muslin underwear at about half price.
Also Prom 9 to HO a. m.
We will sell children's good mus
lin gloves at ......
Ladies' $1.50 and $2.00 fur boas
at 20c
Big line of 50c dress goods now,
selling at : : 24c
All 25c, 35c and 50c veilings for "
per yard :., 10c
Fixtures For Sale at AeryJUow
THE BDBTON
i , :,l ......
BTOIRB
a i ' if,: i
Successors to the Morse'Department Store
JUST A LITTLE FOR SALE AD
But It Created Quite a Commotion
In The Placid Life of
Mr. Applegate.
Tcace once more reigns supreme in
the home of Abner Applegate and
smiling prosperity sits down with the
family at every mcaL Aslthe words
once more" would indicate, things
have not always been in this happy
condition. Abner has had his trou
bles, but they are all over now, and
this is the way it came about:
One night after supper, as Mr. Ap
plegate was smoking his pipe by the
kitchen fire and looking over the
news paper, his eye was attracted by
little advertisement which read like
this:
"FOR SALE Seco.nd-hand
furniture almost as good as new
at very low prices. Must
sell at once. Call at No. 37
Orchard St."
Abner pondered over this adver
tisement for some tunc, and then,
turning to his wife he said, "Martha,
here's what looks like a chance to get
that new dinning-room table you have
ben pestering me about so long.
Guess I'll go, into town tomorrow and
look this thing up."
So the next day Mr. Applegate
drove "into town and went to ( the
house indicated in the advertisement.
It was well he went early, for the
nervous lime man who was selling
"the furniture seemed in a hurry to get
rid of it. He was taking almost" any
price offered, and, as a consequence,
the contents of the entire house were
going like hot cakes.
Abner bought the table he had in
mind; he also bought a quaint, old
fashioned desk for i himselfsome
thing he had been threatening to do
for the last thirty years.' . ;
In examining the desk a few days
afterwards, he found that one of the
drawers opened with' great difficulty,
and on searching for the cause he dis
covered fastened to the back of . it
with a piece of sealing-wax a folded
parchment This proved to be a$S,-
000 bond of the A. L." and W. Railway
and the honest Abner at once harnes
sed his team and started to find the
nearvous little man of whom he had
bought the desk. The man had dis-
.. - ..... i u ....... M ....
appeared, however nobody knew
where and Abner could find no trace
of him.
After talking the matter over long
and seriously with his good wife, Mr.
Applegate concluded that the bond
belonged to him, as he had bought the
desk in good faith and , in the ab
sence of any other owner, was entit
led to its contents.
Having reached this conclusion, he
went to the city to sell the bond, and
tne Droker to whom he offered it
promptly telephoned for a policeman
and had Abner locked up in a cold
damp cell, with a charge of forgery
hanging over him.
It appears that some clever forger
had lately pulled off a good job with
some bogus bonds of the A. L. and W
railroad, and the police in several
states had been on the lookout for
both the bonds and the forger.
After languishing in jail for a day
or two, Abner was brought before a
magistrate and formally charged with
the crime. Before the trial had pro
ceeded far, however, an official of the
railroad was placed on the stand, and
this gentleman, when he came to ex
amine the bond, pronounced it genu
ine and said that its number showed
that it was the original bond which
the forger had used as their model.
When the question arose as to the
ownership of the bond, the court an
nounced that that was no affair of his,
and dismissed the case. .
The railroad man, after talking the
thing over with Abner for a time, fin
ally said, "Well, Mr. Applegate, the
bond does not belong to the railroad,
as it was bought and paid for. The
rascals who owned it have evidently
fled the country, and, under the cir
cumstances. I guess you had better
keep it as a partial recompense for
tho and annoyances you have suffer
ed." ' .;' y--?yr : ij
"Partial recompense!" yelled Abner
"Jumping June-bugs I I'd stay in jail
for a year for $5,000." J
So this is why peace reigns in the
home of. Abner ' Applegate, and pros
perity Is likely to remain for a long
time, as Abner is not a man to throw
away his money even if it does come
easy. -
Truly, little advertisements are of-
UP-TO-DATE PfUTJT
Always on the lookout for the most approved wag nf fiiinr
tUnga, have secured the right to scB the we3 known pdott,
, staina, rennthes, made nd toid under the mark f
ACME QUALITY
A nark mat enable any one, novice or expert, to get, without
doBot, wactly toe rigHt finish tor wood
or ootat, old or new, insid. or out.
; Whani'n boyiu. aak for a easy of
9m Mttfalo 'hok, r'Thm Selection and
(WkndF1iuala,'araMtat
Mttaa faaar patatksg foe (TKyasa.
ALLEN WALL PAPER
AND PAINT CO. ,
11th & Bond Sole Agts.
EhI EhIS aaHB Blw l lli k lla
IXfem 75 c and
a bottle
$1.00
at the
AMERICAN IMPORTING CO.
ten responsible for great results. Do
you want to buy, sell, let, rent or
hire? - ,
No matter what your want may be
or what you may wish to dispose of,
a little advertisement in the Morning
Astorian will produce results, and the
cost is small.- ; . ;
The very best board to be obtained
In the city is at "The Occident Hotel."
Rates very reasonable.
: Wilt lady who bought the cream
cake at the St Agnes' Guild sale two
weeks ago please return the plate to
Miss Crang'i Art Store. -
Richard Croker has nominated the
three-year-old filly Rhodora, his entry
for the classic races for three-year-olds
in England, for the Ascot Gold
cup, one of the great races of Eng
land for mature horses. ...