The Oregon daily journal. (Portland, Or.) 1902-1972, April 05, 1907, Image 17

The Oregon daily journal., April 05, 1907, Page 17, Image 17

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Newspaper Page Text' THE OREGON DAILY "JOURNAL, PORTLAND. FRIDAY EVENING, .'APRIL 5, 1907. ' 17 WILL SQUEEZE NO WATER FR0IY1 RAILROAD STOCKS Roosevelt Apparently Abandons ..." Program Outlined Against Overcapitalization. , v mmmmmMmmmmmmmmmm - B t ' i CONSULT .WITH PRESIDENT , Sole Remit "of Rate Lmw Seem to Re . FreTention 'of P Incrimination Collecting Vast Bnra by Aid of Watered Stock, . f c ., By John K. Lathrop. . - t -; - (Washlaetoa Bonn af Tfc. Jaarul.1 . ' Washington, D. C. April 4. Forty par eont of the railroads earned groaa ftl.l4T.147 In February, 1107;- In Feb ruary. 101. they - earned IIO.tll.07T. This waa an Increase of about tl,100.00t on this 40 per eent of the nation's mlle- Mi lor uiexw per cone ww would be about flll.100.000 this Feb ruary. a-Bjnr about I151.J90.000 laat . February. The Increase on' the 100 per cent mileage would be about 13.000.000. Laat June a rate law . waa . enacted; which waa fought by the railroad lobby throughout ttoe entire long session of the f 9th oongress. It waa Mid at the time that It would not Injure the rail ways; that it would not yield any re sults in decreasing freight and paten ter tolls on the public It was pointed out that by the defeat of the La Fol lette amendments the total result, of the new rate law would be to prevent dlaorimlnatlon br roads in- fayor of one shipper agalnat another shipper; that inaemuoh as there was no provision for the establishment of a true basis for rate-making, there could be no material correction of 'railroads tolls which were conceded to be extortionate by ' every one not connected with the -roads them selves. " ' '"- ,- - : Tast Oreroapttaaiaatiom. , Senator La Toilette proved by expert figures and by the most masterful an alysis over presented In or out of the United States senate, that American railroads are overcapitalised; that they are -collecting annually from 1160,000, ooo to 1 500.000.000 more than they ahould collect, were honest capltallse- ' tlon insisted on. The figures for February earnings. 1 which are given out by the statistician for the department of commerce and labor, sustain the predictions of the critics at the time the rate law was de clared to have been perfected. The sum total of relief to the ahlpper Is in pre- " ventlon of discrimination; the matter of extortionate tolls as a whole has not been touched. The fight by the railroad lobby laat winter and spring must have been one grand bluff; Indeed. It Is be lieved here that the bill was exactly to the liking of the . railroad financiers, because it did for them what they had not the bravery to do for themselves compoilel trusts to pay the same rate as smaller snippers "paid." Thus "really Increasing the earnings of the roads. . , The question now recurs again when Is the shipper er consumer to get bis - dividend from, the campaign for railroad i t r inne to cure tne evils of extortion T . When are rates to be reduced; : . . ' . Vealo , XS Threatened. It is pleaded Just now that to push the fight . for ' honest - capitalisation would mean - financial . trouble for the nation. . Yet. everyone with a modicum of sense knew that this campaign could not be fought out successfully without temporary disarrangement of the flnan oes of the country. . It was apparent to every thinking man that, In curing the evils of overcapitalisation -. there would have to be suffering. It was realised that tbe-republlo was In the-situation of a man. who suffers from a diseased growth; to permit It- to remain means death) to cut -it away means that the surgeon will hurt him. but that the sur geon will thereby make him welL It may.be announced as settled that there will be bo administration program for correction; of present evils in-overcapitalisation.' . Every share - of stock, every bond and debenture now extant will be-1 protected, and made 'good government .bonds, because there has been -an abandonment of the -program for "tqueealng the water from Ameri can . railroad stocka Of this no one here doubts. Only the details of .this program of protection of present spuri ous flotations remain to be worked out. Senator Dolllver will represent the White House; he will stand sponsor In the . senate - for the railroad - "reform" bill -.which will be introduced, bearing the advance voucher of Mr. RooeevefV , Senator La Follette sgaln will be snubbed. Bis proposals will be Ignored. - - WaU Street Tiotor. -' Conferences have been held with WaU street bankers, railroad presidents, oommeros commission . members . and their special counsel, Frank Kellogg and C. A. Severance. It Is noted by veteran newspaper men who have been on watch at the White Bouse that not on ship per has been called Into the eonfer- enoea It has been a council of the government officials and those - whose fortunes are wrapped up In Wall street And apparently- Wall- street- has -won, for all outstanding securities of Ameri can railroads will be protected; Instead, then, of there) being reason In the re cant smashes on the stock exchange, they will bo shown to have been abso lutely meanlnglesa Railroad securities In fact, will be established on a firmer foundation than ever before. Capitalise water will sell for snore than it did. and the govern ment department scientists will perforce have to devise a new formula for some thing to bo called ."aqua eeeurlta," or water In railroad securitlea The president has not stood pat. Pre dictions . In these dispatches that he would were absolutely Incorrect. They were predicated . on . Information pre sumed to be reliable. The bluff of Wall street has not been called. PbET LAUREATE OF ENGLAND IS SEVENTY (Teares! hwckt serrlee.t -London, April i. Algernon Charles Swinburne. England's poet laureate, is TO years old tortST. Though he has been writing ' for upward of ' 40 years, his poetic gifts were not generally rec ognised untie a much later date. - His first- literary efforts, la fact, fell very nt. Hie radical opinions militated for . SCIATIC TORTURE Tata TXBX-DZ9 TO VOTXZaTw BUT d wTE.ns.ua' rone rtuj. tVeoosaotlTs Bngtaeer rermaaeatly Cured by Taeee IWs After Ovdlaary J railed. Pain that seems almost unbearable Is a characteristic of solatia rheuma tism. In soms oaaea the pain Is knlfe llke, sharp or shooting; la others It 10 dull and aching. . Sciatica is stubborn In resisting treatment and the patient frequently suffers for years. This was the case with Mr. Herbert E. Bpauidlng, a locomotive engineer on the Cincin nati. New Orleans Texas Paolflo rail way, whose home Is at Long-view, Texas. Mr. Bpauidlng endured the agonies of sciatica for two years In spite of all that ordinary remedies could do for him until he tried Dr. "Williams" Pink Pills and waa cured. . "While -running sn engine soma years ago." he says. "I fell off and hurt my knee and spine end I have always con sidered this to be the cause of my Ill ness. . The sciatica took hold of me from my heel to the back of my head. The pain was ths worst I ever suffered In m v Ufa, m m laar and hank were twisted out of shape. I was under aj physician's oars for several months and for six . months ' could not gee out or bed. I also went to Hot -JBprlngs but cams back In a worse condition than I went "It was when I was down la bed that I heard of the ease of a Mr. Alli son, a much older man than myaelf, who had been'' cured of scstlca by Dr. Williams JPlnk FtUa. I began taking the pllla and soon was able to get out of bed. When I had taken six boxes I was able to work about tho house end yard. I kept right on with the pills until I was on red and I have never1 had any return of the trouble. I have been running sn engine ever since.' . Dr. Williams' Pink Pills do not simply relieve pain but they actually make new blood and have therefore direct and nwrirfnl Muratfv .flmfi am - eufttl Ale. mmmmm mm .kMiM.Hm ( 1 1 rm am. m 1 . I general debility, - after-effects of the grip, nervous indigestion and head aches. Dr. Williams' Pink Pills are sold by all druggists,-or sent, postpaid, on re ceipt of price, loo per box. six boxes 11.10. by ths Dr. Williams . Medicine Company. Schenectady, N. T. a long time agalnat his success In ths higher circles of society, but his unde niable genius finally won over all ob stacles. For a quarter of a century tho poet has lived quietly at The Pines, i - the-edge of Wimbledon common. where his slight figure has long been familiar to thoee who dwelt In the neighborhood. - Zealous admirers of Mr. Swinburne's poetry are to bo seen dally wandering about tho common In the hope of getting a glimpse of .tho writer who by general eonsent Is the chief living representative of English poetry. ,- British Bed Tape. ' Prom tho Grand Magasln. - Tho only expense of the parish oona ctl of Queen Camel, a Somersetshire village, for a reoent year, was Is M for a check book. Yet the account had to bo taken to Wineanton. eight miles away, to bo au dited, thus necessitating a Is stems, 7s d for hire of a conveyance, and a man' a time for. more than half a day. - ... Preferred Steak Ceased Ooods. An a Lewis Best Brand. Covers a Multitude of Sins You know quite well that there are many cigars sold for five cents that are very poor quality. They are sold on appearance. A fine appearing wrapper, a handsome gold oand or a pretty 4 box-lid may cover a multitude of sins, but it is the fitter, the inside of a cigar, that deter mines its smoking quality. - Modern . manufacture exemplified in the American Cigar Company's products has grown way- above this un- ? fortunate method of doing business and assures a cigar that is honest all through. ' ; - The "Triangle A merit mark on a box of cigars means that every sprig of leaf in every cigar in the dox ; . was graded especially Iby ; experts for that one brand, , two years before it-was made tmtduringLihis jtiitie thejeaf has mellowed in great, clean warehouses in a perfect tem perature till all its finest qualities are brought to a point of perfection. 1 " " v , V 1 - ' ' These are gome of the reasons why 'Triangle A" cigars smoke with the fine, mellow flavor, that you thought was only to oe iouna . m expensive Dranas ; wny every u 'Triangle A" cigar has an even flavor and aroma from' smokes just the same. "Triangle AM cigars cost you no more than the "mixed" cigars though they are worth twice as much. Look for the "A" Cfriangle A) when you buy cigars. ' Triangle A " brands offer the widest obtainable range of choice. and absolutely , dependable quality in whatever .brand suits your taste. . Youll never find a better brand to make the test with than s The New CREMO -f- Every box is riow extra-wrapped in glassine paper, sealed at each end with the "Triangle A" in red. The cigars are kept clean, fresh and in perfect smoking condition until the box ia opened. ..... . AMERICAN CIGAR COMPANY Manufacturer V f f... Merit FrMsik if DEE SALES! mm. SAlZ The Bosh CortiBEZs C& jit ii if v ir.i a-v i. i efv rrHr l - - - vr. yj I 1 V2X-S T.. NV? -fiWTaV VaVfc, - - y, - Hatt. II H J Lv ' -'n IV V" LA Delayed shipments of LIndenthal CH, Sons' Fire Bale Stock of Chicago, have just arrived. Plenty of spring patterns and spring weights. PRICE ARGUMS TALK - : Suits and Overcoats Lindenthal's $8.50 to $1ZS0 Suits and Orercoati; J f Ijhtlv AammmmA . Virm Sale Prire eDC.lsJ LindentbalV $13.50, $15. $16 and $13 Suits and Orcr 7 I coats. Fire Sale Pries................ ele7l Lindenthar $20, $22 and $Z4 Suit and Orerooata, rn 1 C Fire Salt Prico. .ePlelU JUndenthal'a $25. $28. $30 md. $32.59 Suite .M.tLfiSQC.C1 OA K coats. Fire Sale Price... ?lt;lJ : , ..- -, . y Undenthal's Working and Dress Pants SMARTEST MODELS OP THE SEASON. -Lindenthal't $1.00, $2.00 and $2.50 PanU. . ; . CQ Fire Sale Price....;.. eJe7 Lindenthal'e $3.50 to $4.50 PanU. - tl 00 Fire Sale Pria VleJe Lindenthal't $7.50 Pante. y ' tJ C Fire Sale Price......... .f ...... ............... ...PeWeJ Furnishlnns 50 for Lindenthal't Dreis Shirts, worth uo to $1.25. 18 for Lindenthal't 50c Ties,, le for Lindenthal't 50c Sua- pendert. livic for Lindenthal't 25c Sox. .' 50 for LlndcnthaTt $1.00 and $1 J5 Undenrear. - 1&4 -tor Lindcnthara $1.3? i ' Sateen Shirt. , . . ., 81 for Lindenthar 7Sc 'Work SWrtt.' ; Dais Sl.SS for Lindenthal't $3.00 1.85 for -LindenthaFt $4.00 --. 4.1 .tiattw. Shoes 10,000 PAIRSALL GOOD' ONES. ,) 1.SB for Lindenthaft $250 Shoet, drett ana woric. 1.85 for Lindenthal't $35 Shoe. 2.35 for Lindential. $4.50 Shoe. ' . 4-9.85 for Lindenthal't $5.00 - Shoes. - , ,; Corner Third and -Burnsldo- Streets, ' Cbrnar Third and Burnslde v Street GAIN IN EXPORTS TO THE ORIENT Figures on February .Commerce Show . a Return to Nor mal Conditions. , CAIN OF. HALF MILLION IN JAPANESE TRADE All Asiatic Forte Including Those of Australia, Report lMsreaaed Busi ness With : MerchanU of United Stateek. rwsshtes-taa Bareaa ef netoeraeU Waahlnrton. April 4 Exports to th orient show aa lmprorement in Febru ary as shewn br flrures just announced br us bureau or statistic TDey su st a- return to normal oonaltlons of that trade, which Indicated a falling oft in 10. - The- recent reduction In exports to the orient from the United States eeeurr.a -chiefly - fca -the trade with China and Japan. Exp ta to apan showed a drop of fll.000,000 for tne year .eriuins jjecemDer at. isee, ana thoee to China a loes or tIi.M0.000; while ths l .onto of December alone showed a drop of. mora thaa tl.too.ooo In tne exports to Japan, oom pared with December of ths precedln year. And thoee to China showed a falllntT oft of 11.600,00 compared with December, 10. . . Japanese Sapors Oalm. To Japan, the exports during Febru ary, 107, anowea an actual train : of nearly 1500.000 orer those of February of laat year, and for the eight months endlnc with February the falling off Is less than ti.4B0.00O, against a falling off of 111.000.000 in the it months end ing wl.a December, lt0. Ta Hongkong the exports of Febru ary, ..07, show aa Increase of 1. 10.000 orer February . t the preceding year, and for the eight months ending with February. 107, are nut slightly below the figures for the corresponding period of tea preceding year. The exports to Hongkong fall largely . Into line with those to China, since a Urge propor tion of tne merchandise entering that port passes Into China, and a reduction in exports Into Hongkong naturally ao company such a marked decrease of ex ports to China as hare occurred during the recent period. , . ImpiOTeaaeat Msewaere. To other parts of the orient the ex ports shew an lmprorement. To Brit ish India the figures for, the month of February, 107, are I515.K4, . against S7.t 44 in February of last yaark but for the elgnt months ending with Feb ruary are I4.1H.755. against 14.057.041 for the corresponding period of the preceding year. To the Btralts eettle- ments there le also a considerable In crease orer the corresponding months of the preceding year. Exports t Aalatle Russia are again forming an ap preciable element In onr trade with Aala, aggregating 11,241.000 In the eight months ending with February, 107; while for the corresponding pe riod. im, the total was but 1130,077. Exports to Australia likewise show en Increase during the eight-months end ing -with February, 1(07, ever the cor responding period last year. As a re sult of this lmprorement. in the export trade to the orient, the exports to Oce anic, ahow an aggregate In 110,115.114 for February, 107, against 110.015,14 for February, 10. while for the eight months ending with February, 1(07, the total exports to Asia and Oceanlca amounted to 18t.l,114, against 1(7, 16.(10 for 1 the corresponding period. 101. . - CHECK CROOKS WORK I . THE WORKINGMAN GAME (Special Dispatch te The Jenil ) Butte, Mont, April 5. Two forgers well equipped with nerve and many worthless checks succeeded in scouring 1400 from saloon-keepers in Butts yes tsrday. The two swindlers were dressed aa laborers. They carried lunch pails and -wore-overalls covered with plaster, and dirty coata. Their appearance was muoh in their favor, as it is a common thing for saloons to--cash checks for la borers. Each check was made out for 117.10 and the asms names were used in each instance. . KELSO IS ASSURED OF A NEW OPERA HOUSE (portal Mssstes te The Veareall Kelso, Wash., April 6 That Kelso Is ta have a new opera house is now as sured. The committees of tho fraternal orders hare been at work and aa a re sult aa option baa been secured on the property at the corner ef Third and Oak streets and arrangements bar already been made for tho lumber for the build ing. . The new ouuaing wiu do ioxioo reet, two stories, ths lower floor to be fin ished for an opera house and ballroom and the upper floor to be divided into two commodious lodgerooma with fold ing doors between. The new building will be modern in every respect. It is expected It will be finished by July 4. Whots JfstsgerT""Be"tlte-Ottr eyes for ll.a 111 Sixth street Cifr hilars Tsar r eaaoa se qummi XsvetniOOOinr ereta ea4 aeweaaele taat seetuveir eaa't ateaa. eao.r.me aee, reov. a. r. Arena. TV mi 1 1 Vxitnir 'eav' 0" -ZJS. aW - . " Jk i P f:t 1 1 V CREW-MISS LEWIS HAIR-- - AND WB CAN " ,v . PROVE IT Ths Gnat Dtndirlni lanr Falls It Product U Cttlnd Utz'.U nBS Lewis' USr was very Aim seal was leas tUa two teat la U(tk wVea she bea-aa asuig DaoWe. She says her hear en! seels are teeming with nsw Ufm and vigor. Tfiat S the ream secret el tka Wrr as e hair sreisef. . h ee Kveas, Ufigerstes sml Isirty sisetrsles the hall" lnds see tlUS ef ike alp. ceasing an iai.it aavl eauW&el aelfrily ea tke pert el those two sasrt aaam tent ergena. rssultlng In a sti-tiiMii and eontlnuoits grevth offthohalrw' TU IsOewlM It a fallus ef Miss Lewis' Isal bttsrt . . -VT . jeeeery o, a-vsj. fcaaar t-'asiur B enwnsei ' -'M ' Yee kaew I wid yes la ray Irs Isrtee lie siy iesr weeU aet reaea saael. Ulew my alweJoera. ssj lUt 0 el ft tafetkar eaJy aeade eae tiaqr kaia, I en saeeieg yes siy aWefrepk. whielt 1 seal tehea at Stevens 1 eefeg . an saeaieg yes sy peeteree,wlaV I sea teaaaalSli Brea. ' ft telle Ike wkeie stery ketier ikea I eea ssB ft. farMr I kaew b aasag Daaseraia, so yea see I era 1 asaaaWAeawaTaJ BWV wfpCWssTiaBt ,t Siaseceki yeare. (Mlaa) EVA UTftTS. Dandtrtn tmL ike seelp seeltky ana brlile aei Uf 00. k Is the greateet seels lerttflser see ikersfore ike (rtr4 hx!i-pro!actrj remsdr ike worW kaa eer i K le a eerarel loo1 en e wkekeame lewJirhie for M tU ' aeeseele. Cvsrt a ZZa toiV. 1 cf It w "I r-t r " - Ctnutas i:r l.i yesp I t" - if' i ' cry e".-r l.r.' tz ' r v; t " i' rt: ::ifrc -it' ivrrT ' 1 1 letea. aiiofonr 'f ? v t7t Hmi!ton Aitnun,