SUNDAY, SEPT. L7
Hakes Good Address
A Complete New Line Of
(Continued from page 1)
THE MOliNXNG ASTOHIAK. ASTORIA. OIIEGON.
Established 1873.
Published Daily Except Monday by THE J. S. BELLINGER CO.
Ey mail, per year
by carrie-, per month
SUBSCRIPTION RATES.
....$7.00
... .60
WEEKLY ASTORIAN.
By mail, per year, in advance .. ..... ..$1.50
''; Entered as second-class matter July 30, 1906, a the postoffice at As
toria, Oregonunder the act of Congress of March 3. 1879. ? s
Orders for the delivering of The Morning Astorian to either residence
or place of business may be made bypostal .card or through telephone.
Any irregularity in delivery nhould be immediately reported to the office
ot publication. , , ., , ;' ,t
TELEPHONE MAIN 661. .
THE WEATHER
Oregon Fair, warmer in east por
tion.
Washington Possibly showers in
west portion; fair and slightly warm
er in east portion.
THE BATTLE TO OPEN.
Chairman Hitchcock, of the Na
tional Republican Campaign Commit
tee, announces that the battle is to
open immediately, all along the line,
and never cease until Mr. Taft is
where the people want him. This
sounds alright and has been waited
for patiently for sometime, with
growing wonder at the delay there
of. Mr. Bryan's campaign has been
on for a long while; indeed, it has
been on, without cessation, since
1896; it is always on, and will not
fail to be on, until Gabriel does his
trumpeting stunt. (And then some-)
According to dispatches of politi
cal color and significance, there is to
netly in line with their most signifi
cant and valued expression in frater
nal work; and the craft owes it to it
self to take such steps as will forever
clear it of the undeserved reoroach.
The time will come swiftly when the
imitation tooth will have to be em
ployed, if this work of slaughter is
not stopped peremptorily; and the
day may well be anticipated by those
most at interest, and for the credit
and honest renown of one of the best
associations of men in existance to
day, we bespeak such prompt action
as will, for all time to come put final
check upon the outrage.
A TRIUMPHAL TRIO.
be a . general scrap made for the j then some,
Astoria needs,' and is going to have,
three things each and all indispensa
ble to her future success as a com
mercial center a well-defined and le
gally constituted, port; a fine and per
manent seawall with grades and sew
ers to match it; and the common
point rate of grain. These three, and
scalps of the notables on both sides,
in office and out of it, but within the
line of battle. And we are not averse
to the clean-up; it will not hurt either
party, and the people will be vastly
benefitted by the wholesale elimina
tion, even if it shall include Mr. Cor
telyou who is, in the minds of many
Americans, conspicuously warped and
concentrated to and upon Mr. Cortel
you who, not very long since, came
within an ace of forgetting the man
who made him what he is, a national
figure. , Governor Haskell makes a
startling and logical example of what
might be done in this behalf.
We are all ready for the fray out
here in Oregon. Republicans are, in
this relation, at least, a solid unit, on
the far west coast, and Mr. Taft and
Brer' Hitchcock may rest easy on the !
score of the returns from the Bea
ver State. We might not tender so
broad an assurance if there were any
local issues set up for November, but
so simple a proposition as Taft or
Bryan needs but little bolstering, in
deed, to make doubly-sure the' suc
cess of the Great Ohioan. Go to it!
We're right behind you!!.
OUT-PRICED THE DIAMOND.
We would rather see the tooth of
the Elk-beast soar to values' far tran
scending those of the diamond, bulk
for bulk, than to have to chronicle
any more of the shameless butcheries
of that splendid animal, done for the
sole, and specious, purpose of traffic ;
The Port, and its commission, are
perhaps, the most essential of the
three advantages, since it may be
used, .with logical certainty, in the
acquirement of the other two, since
both are indigenous to and correlr
ated with, this initial and popular
measure.
Once the Port of Astoria is estab
lished by the will of the people, in
workable and guarded shape, it will
be vastly easier to plan and build a
seawall; and the task of securing the
coveted rate on grain will be made a
good deal simpler; for the port- com
mission can carry out the provisions
for a seawall and reduce the scheme
to its best limitations of cost, labor and
responsibility, while its authenticated
interest in the grain rate will be re
cognized and understood of all men.
There is no use for many and var
ied commissions; they do but set up
local jealousies and contests of au
thority; cheap wranglings that any
community can well afford to avoid;
they are all right in distinct and in
dependent relations that under no
circumstances of contract or conflict
with each other, but where they inter-weave
they invariably interlock
and thwart the will of the people in
all directions.
The meeting tomorrow night at
the Chamber of Commerce should be
well attended by the rank and file of
Astoria citizenship, and the Port of
Astoria and its Commission should be
given such an endorsement and
launching as -will land it so far on the
m its teeth. We can readily under- major side of the municipal vote in
stand the ardent desire of every mem- j December next as to make it the car-
ber of the great fraternity of America,
the Elks, to possess an original and
normal specimen of the tooth, since
it is the signet of an immense and
honored craft, but no man may con
done an ardor that broaches the sanc
tity of a dying strain of magnificent
animals in the very midst of civili
zation. There is enough of that sort
of thing in the outer wilds of. the
earth, in the savage, commercial glut
tony for the ivory of the elephant,
the plumes of the rare birds and oth
er evilly inspired pursuits whereby
the vanities, luxuries and non-essentials
of life are kept pace with.
It is, unhappily, impossible to disen
gage the B. P. O. E. from this wretch
ed practice, because, while it is
not, assuredly, done by ,s the Elks
themselves, it is done in behalf of
that which is known to be pre-emi-
dinal, commanding element of civic
interest for all time to come
What We Buy.
We buy fresh fish for our Portland
ships. We buy dressed veal and pork
and all kinds of poultry. We buy
hides and pelts. Frank L. Smith
Meat Co., Twelfth street between
Commercial and Bond. 9-26-tf
COFFEE
The goodness of every
thing: else at breakfast de
pends on the coffee.
Twr rrocer return ronr money If roa doo't
tk Schilling. Best: we par him.
John Fox, Pres. F. L. Bishop, Sec. Astoria Saving! B'wk, Treas
Nelson Troyer, Vice-Pres. and Supt
ASTORIA IRON WORKS
DESIGNERS AND MANUFACTURERS
OF THE LATEST IMPROVED . . , ..
Canning Machinery,!' Marine Engines and Boilers
COMPLETE CANNERY OUTFITS FURNISHED.
Correspondence Solicited. Foot of Fourth Street
STEEL & E WART
Electrical Contractors
PhoneMain 3881 . . . .'. 426Bond Street
designate, in sums of $1.00 or more
and multiples of ten cents after the
first dollar." . ,
After narrating the provisions of
the bill, Mr. Taft said: - ,
"The objection has been made that
this is paternalism and socialism and
introducing the government into
the banking business. .The objection,
is without weight. If there were savl
ings bankfl in all the country as nu
merous and as easy of access as they
are in Massachusetts, in the New En
gland States ami inNfew York it
might be said that the postal saving
tuink was an , invasion of territory j
property occupied by private cuter- j
prises, although even then it could j
be pointed out that the function per- j
formed by the postal savings bank is j
much more comprehensive than that '
of the ordinary savings banks. But j
when it is conidered that in only j
eleven of thirty five states are there
saving bank facilities, when it is
known that in the Middle West, east of
the Rocky mountains, the average
distance from any postoffice to a bank
of any kind is 35 nriles, and west of
the Rockies is 55 niiles, it can be rea
dily understood that the private en
terprises does not supply the need
of savings banks which in order to
furnish a motive and opportunity for
access to the class whose welfare it is
sought thereby to improve. Of the
$3,500,000,000 deposits in savings
Ibanks thirty three percent is in New
England, 36 percent in New x ork, 21
percent in Pennsylvania, Ohio, Illi
nois, Iowa and California, leaving 8
percent of the total in other states.
"We should not deny to our people
throughout the country, opportunity
to make the small deposits with the
security of the government promises
to pay principal and interest. Such
a system will add greatly to the mon
ey savings of the country.
The fear by any class of banks
that this would interfere with their
business the experience in other coun
tries has shown to be utterly unfoun
ded. . ' '
Where savings banks are establish
ed they pay a higher rate of interest
than the government will pay for de
posits in the postal savings banks, :
and confer privileges on their deposi- j
tors which it would be impossible to i
grant under a government system. j
A signifiacnt , fact in connection
with the postal savings banks of ,
those countries where they have been !
most successful is that one third of ,
the depositors of the postal savings
banks abroad are minors and two
hirds of them are workingmen.
"The postal savings banks would
perform a most useful function in
case of panics because they are gov
ernment intittutions with the whole
credit of the government behind
them, and would attract the deposits
of those small depositors whose runs
in panic times upon the banks pro
duce such disastrous consequences.
The deposit of this money in govern
ment offices and the power of the gov
ernment institutions with the whole
ey in the national banks in the neigh
borhood would . furnish a means of
meeting an exigency that no other
ystem proposed has thus far of
fered.
"This postal savings bank system,
however, does not meet the unquali
fied approval of the democratic par
ty. It hasnot the vote catching qual
ity and involves orrfy the old fash
ioned gradual movement toward bet
ter things by means of industry and
thrift and saving. The party under
its present leadership must have some
thing which offers a short cut to re
form at the cost of the honest and the
industrious. The democratic platform
pledges the party to the support of
a system by which all the national
banks of the country are required to
guarantee the deposits to the deposi
tors in every bank, and this guaranty
is to be performed by a tax upon each
bank in proportion to its deposits, the
proceeds of the tax to constitute a
fund from which the depositors of
any failing bank are to be paid and
if the amount of the tax is not suffi
cient to raise the fund required, that
it is to be raised by subsequent as
sessment on all the banks of the
country and state banks are to be
allowed to come in and get the bene
fit of the same guaranty, under con
ditions to be imposed by law. While
the democratic platform does not ela
borate the system it 'is to be inferred
from the fact that the precedent in
Oklahoma is relied upon, that the pro
visions are to be like the Oklahoma
law, and these are as above stated.
"No one can dispute the importance
of making the deposits in every na
tional bank as secure as possible, pro
vided the remedy adopted is not it
self worse than the evil to be cured.
The government has imposed certain
limitations upon national banks
which have already tended to reduce
the losses of depositors.
The result has been to introduce
into national banks a class of men of
high character and great business and
banking ability, and the losses in the
last forty years to depositors in na
tional banks have been reduced to an
average annual loss of one twenty
sixth of one per cent of total deposits.
If the loss even though small if
would be of great benefit and should
HAS JUST ARRIVED
We will take great pleasure in showing you
our line whether you intend purchasing at the
present time or, not.
I ranging :
in price from $1.50 up.
: CI
few
Beautifully'
Seat Rocker
Quartered Opera
in Golden Oak
r .
Finish
3
Arm Rocker upholstered in
best leather seat and back at
only
11 dl! '
The Astoria Furniture Co.
Beharrell & Carrington. 550-565 Commercial Street
be brought about for while the per
centage is small the individuals upon
wjiom the loss falls may be heavy
sufferers. The question is whether
we are to bring about an avoidance
of this loss by the proposed democra
tic , remedy, or in a more conscrva
tive and gradual way by perfecting
the examination of bank and by rig
id prosecution of all who violate the
banking laws.
BRYAN'S REMEDY.
"The remedy proposed by Mr,
Uryan will make the conservative
banker pay for the negligence, care
lessness, lack of confidence or dis
honesty of the failing banker. It takes
from one man without fault on his
part money to pay for the default of
another. .That is socialistic doctrine,
and so violates all equitable princi
ples that the remedy should be con
demned for this reason.
"To say, as Mr. Bryan docs, that
the postal saving bank system is more
socialistic than this is to give a curi
ous definition to socialism. Postal
savings banks take no man's money
to make up for the default of anoth
er. It merely uses an arm ot tne
government which is not and cannot
be discharged by private enterprises.
Whereas the enforced guaranty plan
takes out of one man's plan engaged
in business of banking money to pay
for another man's default. That is j
pure socialism. , ,
Mr. Bryan suggests the expenses '
connected with the . examination of ,
banks, imposes a burden on one man
for the default of another. There is
Lno analogy whatever between the rea
sonable requirements for the exami
nation of all banks and the taking out
of one man's pocket money to pay for
the fault of another. It is a reason
able imposition upon all banks that
their accounts should be examined,
and that their methods of doing busi
ness should be constantly under pub
lic supervision and it is reasoning, er
roneous as it is refined to make the
pro-rata cost of a general. bank ex
amination a precedent for taking mon
ey out fo one man's pocket for ano
ther man's default,
"It has been shown that in the
state of Connecticut that if this system
had been in force during the last ten
years,' and the tax had been paid out
but $31,000 would have been receiv
ed. This illustrates the unjust, in
equitable and socialistic character of
a compulsory system most complete
ly. ;
"Now let us pass the socialistic and
inequitable feature of this system
and come to the questions whether
it, will really help materrs. It is per-
U. S. Postal Station 1
ASTORIA, OREGON.
Open for business Oct. 1st for sale
of Stamps, Newspapers wrappers
etc, registration of letters and sale
of money orders.
WHITMAN'S BOOK STORE
ill ill
flinii
Only All Rail Route to Portland and all Eastern Points. Two
daily trains. Steamship tickets via all Ocean Lines at Lowest Rates.
For rates, steamship and sleeping-car reservations, call on or address
Q. B. JOHNSON, Geii'I Agent
12th St, near Commercial St ASTORIA, OREGON.
Sherman Transfer Co.
, HENRY SHERMAN, Manager.
Hacks, Carriages Baggage Checked and Transferred Tracks and Fnrnitwt
Wagons-Pianos Moved, Boxed and Shipped. -433
Commercial Street . . , Main Pkon 19
(Off
BAY BRASS & I
(iii;,1
iois
A8TOBIA, OKI2GON
Iron and Brass Founders, Land and Marine Engineers.
Up-to-Date Sawmill Machinery
18th and Franklin Ave.
Prompt attention given to all repair
work. Tel. Main 2461
TH
(Continued on page 7)
E GEM
C. F. WiSE, Prop.
Choice Wines, Liquors and Cigars
ASTORIA,
Corner Eleventh and Commercial
OREGON