The Oregon daily journal. (Portland, Or.) 1902-1972, May 02, 1906, Page 3, Image 3

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    THE OREGON DAILY JOURNAL' PORTLAND; WEDNESDAY EVENING, MAY 2.. 1803.
r ' -v
EQUITABLE LIFE'S
- LARGE LOSS
PIONEERS-ID UATIVE SOUS GATHER
FOR HISTORIC CELEBRATIOn
hi.
Report of Business, Transacted
; for the Past Year Shows V
Amazing Decrease..
Anniversary of Day When One Hundred and .Two Men Decided
That Oregon Should Be Part of United States Fittingly Re
- 77 membered at Old Champoeg, With Matthieu There.
NINETY-THREE PER CENT
FALLING OFF IN PROFITS
i
large . Earnings of Previous Yean
. Due to Syndicate : Operations" of
. James Hasen Hyde and Associates
' Which Occasioned Criticism.
. . 'I
.... '7 - r 1 fr '
1 i. . u
.7 7 'i i ' ' V , '1.'Sji ;' '" -r v ' .'' "': '"If '...''' -v i ' '
. ,! - i ,. -. ; .... ', 7 ; . .
. - "
M POKTIiMID)"
;..'
I'
4 Journal Special Servles.)
?"Ntw,;Tork, May i. Startling compari-
sons are fn&de In the report of business
transacted by ths Equitable Llfs-As-h
surence society for the first Quarter of
IMS, which report was presented to the
board of . director today. - Compared
. with the corresponding" period last year
, the volume of new business has de
. creased over M per cent, or nearly H.400y
000. - .
; . Still more startling loss," according to
- statements, la one of S3 per eent In the
profit and ' loss account. This amaslng
decrease has resulted from the societies
' discontinuance of syndicate transactions.
... AJ, close -of ths first Quarter last year
' the profit and loea account showed a
debit ready for distribution of SB8S.tOT.17.
; This' sum hadbeen earned principally
! through- the operations of th now
'famous "James H. Hyde' and Associates"
syndicate, and was the result of specula
tion with Equitable 'funda. The society.
-Instead of clearing nearly 1384.060 has
cleared only S23.S39.M.
,. ' lOREGOhl PEOPLE
(Continued from Page One.)
V. Mr. and Mrs. Thomas .White. Astoria.
'; Stella Knighton. Portland.
Miss Lillian Punner,' Portland.
lira Mary Murphy and five children.
;CatberlneJSfewlanfc; Portland
. Irene Joyce and brother, Astoria.
-At. Mary McFaydsn. Portland.
..j Byron Navaja, Salem. ;
-Antonia Depaule, Portland.
-Frank Huston and wife, Portland.
Brownie Williams and baby, Portland.
MADE
TouoTliltri6nhdwy6u"
some dress - goods for men,
"Made in Oregon." A Suitto
your measure f 20 to fwO.
-t These fabrics -were woven lot
s by the Oregon. City-Woolen
- Mills.--- . ;..'. ' :,
7TW - same Uns is b o d g h t
eagerljQby Eastern jobbers. You
onderstandV.of , course, that an
-Oregon, made fabric cspable of
competing successfully with the
output of the big Eastern mills
doea act purely aita awn merit.
77 Let us .make you a ; Suit to
your measure , from a fabric
woven from Oregon woo and
reap trimmed and finished in our .
shops by. well-paid O r e g o n
workmen, . .
V u . . . ;.
- To - your measure f 20 to
r 4o. ,. :7.:7
- - Look over this line. You will
be" pleased to learn that Oregon
produces th finest wool in the)
- world tnd "hasrthe I fadlitiesT
within an hour's ride of Port
land, for weaving dress goods,
that sell to the best dressers the
world over. 7 ' '7. -
This is an opportunity ,to
boost a worthy home product
and at the same time consult
your pocketbook's welfare. ' -
, V Building
Seventh Dtid Stark
OREGON
f i'i
.mml1 -X
- In ' ,
Champoeg Monument and F. X. Matthieu, Member of the First Civil Gov
f ernment Established in the Pacific Northwest. . Photograph ' by t A.
-Jensen..- --- - -- . . . '". - -
-nat
tsrs 7of Oregon . today celebrated.-the
sixty-third anniversary of the organisa
tion of the Tire American government
west of the Rocky mountains at Cham-
poeg, about an miles south. 13 f Portland
on the Willamette river. Hundreds or
old settlers and. their families gathered
on 'the historic "spot to participate In
ths celebration and no honor Xo't. x.
Matthieu of Buttevllle. who Is the only
survivor of the body of men who or-
ganlsed the provlatonal government stl
Chamnoeg. May t. lt
The honored pioneer, who Is SI years
of age,-ws-,present-nt the celeTjratlon
and manifested great Interest In ths
festivities. ' He was constantly sur
rounded by crowds of people who lis
tened to bis tales of the long ago.".
There) were 102 members of ths con-
TO TAKE
TIT
German Ship Emilie Engaged
to Transport MilllorLand a Half.
Feet to 'Copenhagensl
F1RST-VER-SHIPPD
THERE FROM PORTLAND
British Jieamship Kilburn . Engaged
to Transport . Shipload . of Fir to
""Genoa andTWDl Take Out in Neigh
borhood of 3,000,000 Feet ' --
Two lumber ' carrier's ths . German
ship Emille and British steamship kil
burn were chartered this . morning by
the North -Paclne-Lrtirober company to
load lumber" at . Portland for :. foreign
porta - ThS Emille will take her cargo
to Copenhagen and the KUburn will go
to Genoa, Italy. ...... .... . . . S..
This will be the-first shipment f
Oregon fir ever made to Denmark. That
an order should coma from there was a
surprise to ths exporters, as ths neigh
boring Scandinavian peninsula Is sup
posed to have some of the finest tim
ber ' bella-lltt the ' world. - Norway and
Sweden export great quantities of lum
berfir, spruce, pine and all kinds of
hardwood. The 7 Emllle's carrying ca
pacity Is - about 1. 600,000 . feet, About
half ths cargo will be delivered to Im
porters In Copenhagen and the rest will
be taken to Hamburg, -
The Kilburn will take her entire
cargo to Italy and it will comprise in
ths neighborhood of 1.000,000 feet 8hs
IS now.. In the orient, but Is expected to
faM ve-at. yoruana tn t
loading ths latter part ot this month.
Ths vaasel Is of 2,111 tons net regis
ter; this will be her first visit to ths
Columbia river.
With the charter of the Emille only
two - disengaged ships - remain- in the
river. These - are the British ships
Bardowle and - Brabloch. It is under
stood that a deal Is on for the Bardowle
and that she will likely be chartered in
the next day or two. She recently arrived-
from Han Francisco with "part 'of a
cargo, which Was brought from Ant
werp. ' The Brabloch has been lying idle
at Astoria since last fall, the owners
; trylug to fix her for a grain cargo.
At ths rats orders are coming In from
foreign ports for lumber it Is .feared
that the local mlllmen will be handi
capped In supplying the demand at Haw
Ftaw'mo. A few days ago it was sera It
ofTlclaTly announced that no foreign
business would be dons until It had
been seen that the San STaaolaco de
mand, could, Je supplied,
DE hiARK"17
I 1 . f I j .11 : y I - :
. 7 , iir;.
17 V 7 U
. !7sT7 0 -
'7; : - .-
t mMxi ..... U
i::7. :i7 '7
Ion- S - years e;v whwi tin ons-
tlon : whether " Oregon should atnilnte
Itself with Canada or be a," pari of the
United States was ' paramount. It is
said that Matthieu cast the deciding
vote in- favor of organising tbs " tar-
moryof Oregon ae : a 7 part., of . the
United States. .
The celebration being held today was
under the auspices of ths F. X. Mat
Uileu cabin. No. 18, Native Sons of Ore
gon. Ex-Governor T. ueer acted as
presldentofthedSy and Charles V,
Oall6wayot McMlnnvflle was the ora
tor. There was muslosnd. speeches
bythe oldTproneers."
" Amohf; the -attendants at the cele
bration were a large number of Port
landers who went on an excursion up
the Willamette river, the boat leaving
at S:46 o'clock this morning.
825,000 GIFT
D. K. Abrams, Seventy-Six Years
t Old,' Principal Witness in
7 Big Case. ;
CLAIMS-DONAT10NWAS7
-c SECURED IMPROPERLY
W. M. Qake, Attorney for70uardian,
-Asserts That Abrams Was in No
Condition to- Attend to- Business
- When W. N. Ferrin CaUed oq Him.
Tottering under . ths ' weight of T
years, D. K. Abrams appeared before
Judge ' Cleland today as the principal
' : Mr7
t Tom Forrest, in, the Foreground, auul
V,.:"'li:-.-..".::;77;C;"7.
AVOID
PAYING
1 1 1 1 I 1
a J 'San" ' '' " w i.inemi.mfj ..imm.An iwi'ww.iwsimii, (g'P..i iim iinjiiM-y.wwirgCT
j-;,u-kkK 'yt, ,n
. ? ' " ' r'--'k 71
. '
- plaiiliiclr
shield the
These
complaining; witness in . the case ot
George W. Btapleton, guardian of Mr.
Abrams, against ths president and trus
tees of Tualatin academy .and Paoltlo
university and the .Title .Guarantee dt
Trust company. The suit is brought to
hare the court set sslde a deed made In
favor of the local trust" company to a
one half .interest in a Sl-acrs tract of
land near the Portland Flouring mills.
This deeaV.wss given to the company
to old -In - trust for iha7!3Paclfic : unt
verslty, Mr. Abrsms having declared
that he wished to donate to the college
IH.000 to found the Abrams memorial
fund. As there was an option on the
property, Mr, Abrams mads ths deed
over to the trust company with ths
understanding that if the property were
sold 116,000 should be given to the university.-
-
It Is now alleged that this gift was
secured through Improper lnfloencea
Ths plaintiff contends that W. N. Fer
rin.. president , of Jhe -university called
at the heme of Mr. Abrams, near Ridge
Held, Washington, on ths evening of July
SI. 1 SOS, and that In a" short time he
Induced Mr. Abrame-to make the gift.
The next morning, it Is said, the presi
dent and the old man walked, te twn,
met J. T nor burn Ross of the trust om
psny and the deed was then and there
made out - This was August 1, 1S0S. but
It is alleged that this deed was net re
corded until March 4, 1(04.
"Mr." Abrams was not able to attend
to business matters at ths time ths gift
was made." said W. M. Cake, attorney
for the plaintiff, this morning. "He
was a man who did not like to mingle
with other men and was easily Imposed
1 4.J .,
s ''
Soup Stand. Forrest, a DTaynun,
'.Amon j the, RefwefjL ? !l1 ..
T U
. H -V '
:'. ' I -; ;r; money. - - -: :...:-7-.. :77.u...- , ,7 . -' " 7 :. '-J.
II ------' 1 TITVi 4l ao na 1a s sia . nra vrrlll nclrTtlt (tMAlaM a tj1.nt 4a f ' M r-i ....,
v
Wo announce the opening of n UNITED
CIGAR STOR1L in this" city. Saturdyt
m. e A.f Tklr1
a'aa-, .. we ws aaea
Wc come to Portland because we
' In tinwnrfle nf Af ntrtAr Mr
- prevatt - here
emblem of quality. 7
flnf-ctnrpc nwlff n rhfn whlrh
W Me. kj7fjVWW IHWIIW W VUUItt II1MVU
hundreds of them. Our flRf store
stores aall operatd on
the same moncy, morc cigars for equal
upon. Friends would come to him with
out much trouble to get indorsed their
notes for almost any sum. In this man
ner he had assumed an Indebtedness of
170,000. Hs is a member of the Congre
gational society and has given freely
toward Its -churches. -In January, 1K0J,
he sold 11,000 -worth of property, -but
he is unable to tell what he did with the
money." . ... . . .
W. A. Munly, attorney for the com
pany," this mqrnlr gdeclsred -thst Mr.
Ross had gono to Rldgetteld to attend to
personal business matters on ths day of
ths transfer and that hs had 'nothing
to do with the Abrams cass szoepting
that he had been asked to draw up the
deed and the Title Guarantee Trust
company was requested to bold it. - .
Mr. Ferrin denies ths charge that Mr.
Abrams was Induced to make the gift
after a short Interview. , . , ;
ZJ3&r- Abrams had promised me that hs
would give ths university a handsome
donation three months before the papers
were finally made out," he says, "and I
visited him several times."- j -
- Milton W. Smith Is attorney for the
eellegei : . .. .
. . aaildlBf at aatseprlas. r.
(Seeefsl Dlspaten t The Jonrsal.)
Enterprise, , Or., May S. Ths founda
tion for two business blocks will be laid
here this week, the Knights of Pythias
and Odd Fellows' building and hs build
ing which is to be used as a court
house. All the brick nned In ths con
struction of these buildings will be man
ufactured within half a mile of En
terprise. . !...-: '
Is Doing a Great CbariuUe Work
..t;,, ' 7-.7, ,
1
4 sr-
.a2esa
... :.. . .. i
bcileve there is rbbm ftr
w nnmt ,-cf tmc An f ha
v : ' - :
Hnkc thr Athntlf with thr
HMMtf s W II sSelA MV e SI S S W .s ... rw. msV-
in Portland will-: No, 409.; : : 7 7 I
one, plan to givc bdtcr.clgars Ibr
money, and icqual cigars
(EdDdDll QdDtie
f lhz. vMI TStP
Onr San Francisco Patrons
Are invited to call and select whatever they may wish '
and have same charged as they used to in San Francisco.
EASTERN 0HTFITTITJG CO
Bussna WAsnrccTQ tetjio
An Ur.:.7:d:d Ofic?
A set et osr famous 111 Falss TEKTH for f 10.
Painless extracting free with this offer. I'"
inatlon and consultation free. Crowa and Bridge
work a specialty. Extracting. IS cents
' VIOC "DUOS., DcnMzt3
. ; , s--3 wirrtm. '
( y
i
0
D.
i
D
ns. 7 9
tT-tfrlnil
T 7 ;
..1 1
t ParfffM
D
. . ,. ...T
for less
(Must have ' good m-
terial, good -trim mi n
and good tailoring.
These are the metitori
our features plainly
ansible in our
K Two Tforcc
Piece Suits;
Cravenettes
Trcssers
rand Ves
They fit betttr, look'
better and wear-better
than the ordinary kind
and yet' coat no mora. -Besides
you can pay ',
for your, outfit at the
J. ; My rate of , '
aco
rl WEEK