The morning Astorian., May 28, 1908, Page 2, Image 2

THE MORNING ASTORIAN, ASTORIA, OREGON.
THURSDAY. MAY 28, '03.
The MORNING
ASTORIAN
Established 1873.
Published Daily Except Monday by
Trie. J. 5- uwwiir w.
eTTwerPTPTTOM KATES.
aov.... 7ftn
By mail, per year....
By carrier, per month .ou
WTTTTlfT.V ASTORIAN.
Ay mail, per year, in advance.... $1.50
Entered as second-class matter July
30, 1906, at the postomce at Astoria,
OrcRon, under the act of Congress of
March 3, 1H7V.
fnr the dcliverine of The
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r place ot business may oe mauc uy
postal card or tnrqugn leiepnone. yny
iverv should be lm-
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mediately reported to the office of
publication.
TELEPHONE MAIN 661.
THE WEATHER
Oregon, Washington, Idaho In
creasing in cloudiness, followed pos
sibly by rain.
ROSES.
For the sake of the name and
pride of the State everybody in Ore
gon is hoping earnestly that all things
may be propitious for the Rose Fes
tival at Portland next week. It is an
an event that lends pleasant signifi
cance of the coming of the beautiful
Oregon summer; it is gently sugges
tive of the one exquisite expression
the season makes of its inherent and
lingering charm; it is chief among the
refined delights that we possess; and
it is typical of the mass of good
things Oregon has to offer "the
stranger within her gates," as well as
to her own people, who appreciate
it no less.
The rose has a myriad missions;
each and all, delightful, compensat
ing, complete. Its presence every
where serves manifold purposes of
pleasure, comfort and inspiration, for
by hue, perfume and grace it appeals
to the gentler attributes and makes
for the softer lines of speech and
thought and action; its influences are
all for the best and sweetest, and its
blooms figure always as the type, and
tribute, of the amiable emotions.
In the days of old, when romance
. swayed the hearts and lives of tire
peoples, the rose, in its white and
crimson beauty, was raised aloft over
fields of war; but this was only a mad
tribute to the glory of the flower,
rather than an adaptation of it as a
standard of conflict; and those who
fell in death in the knightly engage
ments of that day, died blessing the
beauty of the rose they fought for, and
oftener than not, were buried beneath
the benison of its massed blossoms.
So, always, has this imperial flower
been made the sign and text of the
nobler emotions and aspirations of
human life; of love, of lofty ambition,
and of all the finer impulses; its thous
and colors and tints being wrought
into the language of passion and hope
and exaltation; its pure beauty sym
bolized by religion as a cardinal con
cept of the immaculate; its grace of
stem and leaf and bloom held ever as
the truest and most delicate phase
of adornment, the wide world over,
and preserved in all the imperishable
fabrics known to man.
Thus it is that the Rose Festival
now engaging the eager attention of
our people becomes an apt and sig
niikent event in the year, and this it
is that begets the hope that sun
shine, the breath of the new summer,
and millions of its harbingers, may be
overwhelmingly in evidence during
the week next to come.
this lifts the deadly embargo of their
umvcildliness and cost of removal
from the hand of the man who has
the misfortune to own them.
Wc devoutly hope that the labora
tory work ;o be undertaken here next
wctk by Professor Haw-ley, of the
government service, will demonstrate
the full worth of these monumental
things and put them in line for imme
diate handling and consumption by
the men who deal in their hidden, yet
actual values; and it might not be
amiss for our Chamber of Commerce
to begin negotiations for the estab
lishment of a reduction plant at our
very doors in order to retain the ben
efits so long unknown and unsuspect
ed, and accelerate the dif-bursetnent
of the impedimenta as much as pos
sible At all events we have a new
and hopeful light upon the burden
some issue of '"stumps"!.
STUMPS.
The stump, wherever it may be
found, in the suburbs of Astoria or
on the bleak and desolate mountain
side or in the depths of a forest, is
always, and conspicuously, a spectral
and grisly thing; it is a residue, an
impediment, an irksome thing that
means exhausting labor and undue
cost in its removal; an altogether
uncouth and staggering proposition
in its individual case; and when it is
multiplied inimitably, it becomes a
bane and terror to the people it con
front!. But this thing holds elements of
value that are to serve more purposes
than one. It has residual qualities all
its own ana our Uncle Samuel has set
his experts to work to detect and ap
praise them for commercial uses and
marketable profits; all of which means
a vast deal for the man whose land
they infest in their nomal and hideous
inertia.
It is sa!d they are quite valuable
enough, for their by-products, to war
rant their purchase, removal and
transportation to factory points and
reduction works, by the people en
gaged in that commercial line; and
ONE WAY OUT.
The proposition to construct and
operate an electric railway line from
this city to the coast resorts and set
tlement to the south and west of us
is always amenable to the best thought
and treatment Astoria can give it; and
at this particular time it is peculiarly
pertinent and suggestive;' it offers
Astoria one way out of its present
ambiguous and undeserved relation
wih the Hill transportation system.
It makes no difference who shall
build the line, though there is always
the inherent advantage of local own
ership and control in matters of such
import. The main thing is that As
toria needs a direct line with swift,
frequent and reasonably cheap serv
ice, out of this city and touching the
five conspicuous centers of the coast
territory, Warrenton, Hammond, Ft.
Stevens, Gearhart Park and Seaside,
with all the certain access to be
drawn from their outlying and pro
ductive neighborhoods.
Such a road would be self-support-ng
and profitable from the instant
of its conclusion. There are, practi
cally, several millions of money in thu
banks of Astoria at this writing, and
against which the probable cost of
the road, $250,000 .or $300,000 might
be drawn with safety and assured
profit.
It would create a distinct commer
cial field for this city; it would
hasten the development of thousands
of rich bottom-land acres into paying
truck-farms; it would open up line
after line of local investment that
would redound to the benefit of the
whole section as well as to the mar
kets and businesses of this city; it
would make Astoria independent of
the A. & C. which is now making
more clear money from this mileage
to the west of Astoria than from the
eastern end of its line and four times
the distance; it would expedite the
resort traffic season after season, be
side giving the beach people easy,
cheap and rapid communication with
this city for social, pleasure and bus
iness errands that are denied them
now, as all else is denied that might
benefit Astoria and her sister-towns
of the Clatsop toast.
it :s cue certain way out of a very
dubious position, and may be well
and deeply considered for the imme
diate and certain good of al! concerned.
EDITORIAL SALAD
Two hundred and fifty volumes of
the Congressional Record, bound in
half Russia, were recently sold in
Philadelphia for 2 cents a volumne.
This expensive publication easily
leads the list of the worst sellers.
Since gold exports began recently
over $27,000,000 has gone back to
Europe. Uncle Sam is comfortably
situated for ready money and, with a
good currency law, will be in work
ing shape for the next emergency.
Count Boni and Prince Helie have
become involved in such a heated dis
pute that perhaps it is time for some
other titled member of the family to
step forward as the hero of the pro
longed love match.
Coast artillery officers are allowed
a choice between a long horseback
ride and a walk of 30 miles in three
consecutive days, which is an other
sign that the boys plowing in the
Western cornfields are built for
marksman ship.
Maintaining wires in Alaska is dif
ficult, so the wireless has made
greater progress there than in any
other part of the country. It is not
easy to keep a good territory out in
the cold.
The armored cruiser Maryland is
said to have made the best score in
the Magdalena Bay target practice,
the battleship Illinois standing sec
ond. The Illinois was first in last
year's practice. Those crack marks
men from the Western cornfields
must have been inspired by the name
of the Prairie State.
eh
U
t Cards of Candidates in J
the Coming Election
4
REPUBLICAN
COUNTY
TICKET
For Representatives
C. A. Leinen
weber John C. McCue
V'or County Commissioner
(Four-year term)
John Frye
For County Commissioner
(Two-year term)
Fred H. Moore
For County Clerk
J. C. Clinton
For County Sheriff
M. R. Pomeroy
For County Assessor
T. S. Cornelius
For County Treasurer
W. A. Sherman
For County Surveyor
G. F. Parker
For County Coroner
J. A. Gilbaugh
For Justice of the Peace
P. J. Goodman
For Constable
John Sayer
For United States Senator
H. M. Cake
For Congressman
W. R. Ellis
Justice Supreme Court
Robert S. Bean
Oregon Food & Dairy
Commissioner
J. W. Bailey
Commissioner of Railroads
Clyde B. Aitchi
son Prosecuting Attorney
E. B. Tongue
VOTE FOR
John Sayer
"LIVERPOOL JACK"
Republican
Nominee
for
Constable
HELD FOR GRAND LARCENY.
Proprietor Los Angles Fruit Stand
Said to Have Stolen Jewelery.
LOSAXGLES, May 26.-Leonardo
Vett, proprietor of a fruit stand, and
Lucia, his wife are prisoners in the
county jail awaiting examination
upon a charge of grand larceny, it
being alleged that Vett and his wife
have stolen thousands of dollars
worth of jewelry from local dealers.
Detectives who are responsible for
the prosecution declare that a por
tion of the stolen property has been
recovered in the deposit vaults of a
local bank. It is said to have con
sisted of jewelry of all description,
ranging from fountain pens to soli
tarie rings. Vett and his wife are
accused of having stolen the gems
after business hours at the fruit stand.
COFFEE
The goodness of every
thing: else at breakfast de
pends on the coffee.
Tow gteut return yocr montj U jm tut
WU IchlUlDf'i Bt; wt pa? Urn.
REPORT OF THE CONDITION
OF THE
N ill H
At Astoria, in the State of Oregon
nt the close of business, May 14th
190&
RESOURCES.
Loans and Discounts $389,294.29
Overdrafts, secured and
unsecured 6,097.30
U. S. Bonds to secure cir
culation 47,000.00
Premiums on U. S. Ponds.. 1,400.00
Bonds, securities, etc 55,430.00
Due from National Banks
(not reserve agents).... 52,094.42
Due from State Banks and
Bankers 22,169.77
Due from approved reserve
agents 189,322.37
Checks and other cash items 283.92
Notes of other National
Banks 2.280.00
Nickels, and cents 54608
Lawful Money Reserve in
Bank, viz:
Specie $191,300
Legal-tender notes 353 191,655.00
Redemption fund with U.
S. Treasurer (5 per cent.
of circulation) 2,350.00
.$959,923.15
Total
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits, less ex
penses and taxes paid. ..
National Bank notes out
standing
Individual deposits subject
to check $595,717.05
Demand certificates of de
posit $163,252.70
Certified checks. 500.00 759,469.75
$100,000.00
25,000.00
28,453.40
47,000.00
Total $959,923.15
State of Oregon, County of Clatsop,
ss:
I. S. S. Gordon, Cashier of the
above-named bank do solemnly swear
that the above statement is true to
the best of my knowledge and belief.
S. S. GORDON, Cashier.
Subscribed and sworn to before me
this 22nd day of May, 1908.
V. BOELLING,
Notary Public.
Correct Attest:
G. C. FLAVEL,
w. f. McGregor,
JACOB KAMM,
Directors.
REPORT OF THE CONDITION
OF THE
ha
Nil
1
At Astoria, in the State of Oregon,
at the close of business, May 14, 1908.
Loans and Discounts $402,577.76
Overdrafts, secured and un
secured 5,634.82
U. S. Bonds to secure cir
culation 47,500.00
U. S. Bonds to secure U. S.
Deposits 20,000.00
Other Bonds to secure U.
S Deposits 34.000.00
Premiums on U. S. Bonds.. 3,045.00
Bonds, securities, etc 73,730.66
Banking house, furniture,
and fixtures 4,030.00
Other real estate owned... 8,233.41
n,,o (mm Stntp Ranks and
Bankers 18,387.72
agents 178,374.18
Checks and other cash items pu.i
Xntrc nf nther National
Ranks 885.00
Vmrtinnnl tinner currencv.
nickels, and cents 857.05
Lawful Money Reserve in
Bank, viz:
SnnriA $100,668.85
Legal-tender notes $1,645.00 102,313.85
Redemption fund with U.
s Trnn surer C1! ncr cent
of circulation) 2,375.00
Total $906,621.66
Linaiui i lbs.
P,nlt.,1 ctnrV nnirl in $ S0.0OO.00
VIU'IWI -nv.i .........T (
Surplus fund 50,000.00
Undivided pronts, less ex
penses and taxes paid... 15,863.14
National Bank notes out
standing 44,900.00
Individual deposits subject
to check $364,584.26
Demand certificates of de-
$48.964 56
Time certificates of de
posit $282,018.70
fortified rWlfQ $291.00
U. S. deposits... $50,000.00 745,858.52
Total $906,621.66
State of Oregon, County of Clatsop,
s:
I, J. E. Higgins, Cashier of the
above-named bank, do solemnly
swear that the above statement is
true to the best of my knowledge and
belief.
J. E. HIGGINS.
Cashier.
Subscribed and sworn to before me
this 22nd day of May, 1908.
M. C. MAGEE,
Notary Public.
Correct Attest:
GEO. H. GEORGE,
GEORGE W. WARREN,
A. SCHERNECKAU,
Directors.
Subcribe for the Morning Astorian,
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A FEW SPECIALS
SOMETHING EXTRA FINE
Crcsta Blanca Sautcrne (Chateau
tZ' 60c
Crcsta Blanca (Red aud "ir
White). Chianti OC
Cresta Blanca Sparkling OP
Burgundy. Nips ODC
AMERICAN IMPORTING CO,
589 Commercial Street
THE LEADINO BUSINESS COLLEGE
ELKS BUILDING. PORTLAND, ORKC.ON
A course in our College means better work better wages. If
interested, call or write for catalogue A.
I. M. WALKER, Pre. . . . O. A. BOSSERMAN, 8c
To the First:500 Children
Bringing this "Ad." and opening an account, wc will
deposit the first 50 cents, conditional that the child
deposit 50 cents at time of opening account and one
dollar per month for eleven mouths. The account
will then be worth $12.00 besides 5 per cent, interest
and is subject to withdrawal according to State law.
Remember your account is secured by real estate.
Children under fourteen eligible.
THE BANKING SAVINGS AND LOAN ASS'C'N.
1G8 10th St. Phone Black 218-1
- - - - pfvfi
n PRACTICAL POINTS
jrLy ON BANKING NO. 4.
r
a
Diligent Saving.
It is a very good plan to establish reg
ular dates for depositing your money.
You will find that this will soon be
com; a vcrv valuable habit, and you
will be much pleased to see how soon
your funds will accumulate at com
pound intescst. Interest paid on Sav
ings Accounts and Time Certificates
ot deposit.
SCANDINAVIAN-AMERICAN SAVINGS BANK,
www ivu wuiiiuici Licit nr. Mirnria im
. . wv
FB NATIOML UK V JST1A
DIRECTORS
Jacob Kamm W. F. McGrkgor G. p t?t avtm-
J. W. Ladd S. S. Gordon
aioo.ooo
turPlf y:V; 25,000
Stockholders' Liability A lOO OOO
ESTAULINIIED '
J. Q. A. BOWLBY, President.
O. I. PETERSON, Vice-President.
FRANK PATTON, Cashier
J. W. GARNER, Assistant Cashier
Astoria Savings Bank
Canital Paid In 11nnn c..i . .
r---- supiu ww undivided Profits llOfl nnn
Transact, a Genera. BankingBusiess- Itere8t Paid Z fi"
uuk rER CENT PER ANNUM.
Eleventh and DuaneSta, Aatorta, Or.f ofc
THE GEM
C. F. WISE. Prop.
aoic. Winder. '
Hot lunch at All Hour. .!3
Corner Eleventh and CommrMoi
ASTORIA, - . .
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