The Oregon daily journal., November 13, 1907, Page 1, Image 1

. ' . " ' .. - , .,. ,.. ; '
THE JOURNAL OVER 29,000
CIRCULATIONBE SURE TO
GET YOUR ADS IN EARLY
JOURNAL CIRCULATION
YESTERDAY WAS
30,387
,. Th weather Light rata, this
ternoon, tonight and Thursday
VOL. VI. NO. 218.'
PORTLAND, OREGON WEDNESDAY EVENING, NOVEMBER 13, 1907. FOURTEEN PAGES.
PRICE TWO CENTS MAijri iinuftwi
were a. aiAMM. rrv cuiii
REST0R
w
0 11 0 D IF 0 13
MORGAN, HILL, ROCKEFELLER MD
OTHER VAST INTERESTS IN CONTROL
THE LARGEST HOLDING
WOJIEN AVAR Otf DIME NOVELS
COMPANY
IN w
Bundles of Stock Bought by Combine,
and Now That Plans Have Matured,
Financial Aid Will Be Proffered--Har- -
riman Plays a Minor Part-Gould Out
of the Scheme
mm
New York, Nov. 13. The railroad banking interests' answer
to the country's demand for regulation has been the formation of
the greatest railroad syndicate and holding company this country
or the world has ever seen. In the new organization E. H. Ilarn-
man has been given a minor part, and the principal actors are J. P.
Morgan, J. J. Hill, Kuhn, Loeb & Co., John D. Rockefeller and the
Standard Oil company, who today control every transcontinental
railroad, including the Union Pacific and Southern Pacific. The
first apparent result will be immediate restoration of normal finan
cial conditions.
Only piecemeal thus far have he facts leaked out regarding
the great game that has been pjayed in railroad nnance.
v-
4 r
FOR WHEAT
GROWERS
Out of Northwest Yield of
60,000,000 Bushels, 40,
000,000 at 75 Cents K
main in Ilands of Fanners
Demand for All of It.
FEAR FOR
FUTURE HAS
in
"Kill Prosperity in Face o
That? Impossible," Saj
President Wilcox of Port
land Flourinc: 3Iills The
World's Markets Open.
BARONESS VON RTHINER.
8pHaI Dlipatek to Tb JoaraaL)
San Francisco. Nov. IS. The Federa-
Roundly tlon of Women' cluba (California o-
stated, it has been a coup in which practically all the great railroad lti
svstems have fallen into the basket of a comparatively small croup of mMnrr boya and furniah the nttio
- " -. ... . I 1 . - 4 U m.- B...tln. TV,. mVwA la
of the country s big financiers, principal among whom are Kocke- Vh-th woman have ViniVhad
feller, Morcan, Hul, Kuhn-Loeb, and the Mandard Oil group. 1 hey reading a rood book or a mainline to
have bought great bundles of stocks in railroads that they never
had hoped to secure at the prices that prevailed for a few brief
hours.
pass It along to tha flrat maaanfr boy
thev see. - '
TernftpaTnany of tha boya will ktare
between the covers," aaya the baroneaa,
"but here and there there will be a boy
who will be interested and who, alter
reading the writings or a rood author,
will have no further ue for the chnap,
sensational trash of the paper-backed
thrillers."
Their control now Includes the fol
lowing rallronds. steamship linos and
large Industrials:
Standard Oil company.
Amalgamated Copper.
United States Steel.
Northern Pacific.
Great Northern.
Chicago Burlington & Quincy.
Illinois Central.
Erie.
Chicago & Alton.
New York Central.
Pennsylvania Central.
Baltimore & Ohio.
Ioulsvllle A Nashville.
Atchison. Topeka and Santa Fe.
Southern Railway.
Union Pacific and Its group.
Southern Pacific and Ita group.
Pacific Mail Steamship company.
HilVa Oriental steamship line.
New England Railway system.
Chicago, Milwaukee & St. Paul.
Morse Steamship lilies.
In fact, the only great transcontinen
tal railway system loft out of the con
solidation Is the Oould railroads, and
these will drop Into the lap of this gl-
f antic combination before long, because
t will squeete the life out of Oould by
making It Impossible for him to get
mora money.
jrarrlman Eliminated.
The elimination of Mr. Harrlmah be
came a necessity, hut was practically
Impossible of accomplishment so long
as the prosperous times continued. It
was Impossible by reason of Mr. Har
rlman'a faculty for making railroads,
and particularly the Union Pacific and
Hoiithern Pacific groups, profitable to
their stockholders. Never in the history
of American railroads have transconti
nental lines been so enormously profit
able to their operators as have these
systems been under Harrlman s direc
tion. To dislodge him from a position
so strongly entrenched would have been
beyond the power even of the greatest
nnanciera without1 tne accompaniment
of the semi-panics that has prevailed In
wan street ror tn last tnree weeas.
This period offered the opportunity that
was taken advantage of by the Morgan-Rockefeller-Kuhn-Loeb
organlxation.
which was providentially assisted by
the secretary of the treasury, who came
Into New York one critical day with
$20,000,000 of government money and
unknowingly but very materially aided
the syndicate In Its operations.
Financial Surop X-ooks On.
All financial Europe has been looking
on. iiko spectators- ai a rooioan game.
and now that the coup is finished and
LOST GIRL FOUND
II FIEND'S PHY
Unspeakable Atrocity at
Vancouver, B. C, Fren
zies the People.
(United Preti Lesied Wire.)
Vancouver, B. C, Nov. 13. Little
Clementine Nahu,, the 7-year-old daugh
ter of Captain Nahu, was brutally mur
dered on Saturday at North Vancouver.
Tha body of tho child was bound In the
financial harmony again temporarily se- bushes alongside the gardens yesterday
afternoon. The little girl had been as-
oure here, grtld is coming over from Eu
rODe in million-dollar shipments ever
day, and our securities are going back
up the scale. But no gold was avail
able from Europe, no-foreign exchange
was available at any price, call money
went up to 200 per cent, and stocks
went lown to bedrock, until the new
combination In Wall street had com
pleted Its plans.
For days It has been understood In
the street that when the projected hold-
(Contlnued on Page Three.)
EflTOiED
IB
Michael McCabc Alive After Being Buried for Five Days
in Mine at Mahoney City Lived on Oil From
Lamp Wife Faints From Joy.
(UnlUd Pre tetied Wire.)
Mahoney City, Pa., Nov. 18. To the
rreat; surprise and Joy of the entire
community, Michael McCabe, the en
tombed miner who was given up for
dead by many, was rescued today. He
lived five days on mine oil taken out
of his lamp. He was weak but still
conscious. Mrs. McCabe fainted when
ha was rescued. A great demonstration
! being planned.
McCape was caught underground by
a cave-In caused by a heavy shot fired
bv the miners. He ran In the wrong
direction when the tunnel began to cave
and was unable to reach a place of
sarety.
Men, women and children have been
laboring heroically since the Blsaster
occurt-ed In an effort to save McCabe's
life, but the rescuers had little hope
mm Ob wuuiu survive tne terriDie or
deal. Mrs. McCabo has been working
with a shovel, side by side with the
men, refusing to sleep, except when
absolutely overcome by exhaustion.
ROOSEVELT CLAMS
"IN GOD WE TRUST"
ON CONS S WRONG
(United ' Press . tetMd Wire.)
Washington, D. C, Nov. It. "In God
We Trust" will not be" Upon any of
the United States coin despite all pr6
testav President 'TRoosevelt haa written
a long letter in which he explain his
reason. - He says In part: i
"My feeling In the matter ia due to
a very firm conviction that to put such
a motto on the coins does positive
harm; It Is In effect an Irreverence
' which eomas dangerously close to sac
rilege, , The sentence- In question should
be treated and uttered only with fine
reverence implying certain exaltation
of spirit. ;It looks well Inscribed on
the" great national monuments, tem
ple of justice ; and legislative halls
and buildings. It Is unwise to cheapen
the motto by its use on our coins. I
never heard anybody, speak reverently
of the motto on the coins. -Hundreds
of times I have heard it used as an
occasion ef sneering ridicule. I will
order it put on our new coins If con
gress so orders."
saulted and unspeakably mutilated. She
had been killed by cuts with two razors,
which lay on the ground alongside her
remains. Her body was cut to pieces.
A bottle or gin was picKea up near Dy.
The child's parents live at tho ad
Joining townslte of Moodyvllle, and she
was sent to North Vancouver Saturday
morning with an order for groceries.
The grocery wagon reached Moodyvllle
with the order not filled. The father
knew the child must be lost and Insti
tuted search. Parties were out all Sat
urday, Sunday, Monday and yesterday,
the provincial police and tha whole town
joining.
Police from this clty'Jiave gone over
to North Vancouver, but so far no ar
rests have been made. The murder is
one of the most fiendish ever known in
British Columbia and the people are
furious with rage.
CANDIDATE FOR
PORTLAND FORCE
A Tacoma Officer Stands
Dumbly by While Youth
Drinks Carbolic Acid.
Vancouver. B. C. Nov. 13. Develop
ments In the murder of tho "-year-old
girl at North Vancouver lead to the
belief that the criminal was a colored
man. who was haunting the neighbor
hood about the time of the occurrence
of the terrible crime on Saturday. The
police are hot after him. He is said to
be about 30 years old. of medium build,
with short, curly brard and moustache,
shabbily dressed and morose.
LOS ANGELES FOILS
FORGERS OF SCRIP
)
(United Prew Laed Wire.)
Los Angeles, Cal.. Nov. 13.-Anothcr
11.000.000 of Los Angeles clearing
house scrip waa sent Into circulation
todav bv local clearing house banks.
hrinirlnr the total of this money me
dium In local circulation up to $2,000,
000 However, the issuing of the sec
ond $1,000,000 is entirely for the pur
pose of Immediately retiring the cur
rency lsue of $1,000,000 because of the
peculiar erroneous penei mat ine uri
ssue of scrip can be easily counter-
felted, llie new scrip which will appear
today ia an intricate bit of lithogra
phy-
MAN IS KILLED BY
WILD LOCOMOTIVE
(Unltea Prees Least. Wire.)
San Dimes.' " CaJ Why. . 1 8. Fred B.
Krohn was' run down and Instantly
killed - and ' his remain were horribly
mutilated last night by a wild engine
wnicn was running ai a terruic spee?
without any headlight. Krohn was en
gineer on a ateam shovel two miles west
of San Oima. . He waa returning from
town on a speeder, when the engine ran
him down. , , r -
(United Preta Leased Wirt.)
Tacoma, Wash., Nov. 13. "Mall these
letters for me, please, old man; I will
be a dead man in a few minutes."
young man addressed the above remark
to 'Policeman Pimpkin as he stood in
front of the Donnelly hotel at 11
o'clock last night, handed the officer
two letters, and before the astonished
policeman could make a reply hurried
away. The man proved to be John W,
Schneider, about 25 yeara old. who.
after dartinr Into the entrance of the
hotel, and In view of a score of per
sons, emptied tne contents or a two
ounce vial of carbolic acid down his
throat.
Otflcer Pimpkin caught him as he
fell In agony, but it was too late to
knock the bottle from his hand. He
was taken to tho Fannie Paddock hos
pital where tha physicians say Schnei
der has Din small cnances of recovery.
Tho two letters given the policeman
wore addressed to Wenzel Schneider,
Sprlncfield, Minnesota, and told his
parents of his great love for them. He
had been in Tacoma but a day and had
telegraphed home for money. An hour
before he drank tne acid he had received
a reply to ms telegram which read:
"You are welcome home, but we can
not send you any more money."
UNKNOWN BODY IS
FOUND IN BOXCAR
(Cnlttd Preaa Laaaed Wire.)
L,os Angeies, i;ai., wov. 13. With an
ugly bullet wound through his temple
and a revolver clutched In his right
iiH.nu lire noay 01 it wen aressea man
apparently 30 years old was found In a
boxcar on the Santa Fe tracks yester
day. He had been dead probably eight
hours when discovered, aad had no
mark on him to show who he was or
where he came from.
AGED MAN RUN DOWN
BY WOMAN AUTOIST
(United Press Leaat Wire.)
Sawtelle, Cal., Nov. 13. Rodney P.
Alger, aged 70, wa struck and prob
ably fatally Injured last evening by an
automobile driven by Mrs. A. K. Ter
nan of Los Angeles.
Alger was crossing the street and
was run down by the automobile while
the machine waa being steered so as
to escape striking a bicyle rider.
JAP DAMAGE CLAIMS
LARGELY TO BE PAID
Loral Banking Situation
Rapidly Assuming Normal
Tone Depositors' Confl-
donco in Portland Institu
tions Shown on All Sides'.
Merchants National Will
Double Present Capitaliza
tion and in All Probability
Move Into Larger Quar
ters Within Short Time.
(Unltea Press Leased Wire.)
Vancouver, B. C, Nov. 13. MaoKensie
King, federal commissioner, recom
mends the payment of- $10,000 out of the
113,000 of conaeauential damasrea
claimed by Japanese merchant a a re-
suit - or. tne recent anti-Aslatlo riots.
The money. wlU be nald this week. ao.
tual damages will be paid without dis
pute.,.
In an address to about 100 Comraer
clal club men at their monthly dinner
last evening, T, B. Wilcox, president
of the Portland Flouring Mills com
pany, who presided as toaatmaster, gav
some interesting figures regarding the
present stage of the Pacific northwest
crop movement. He said there still re
main 40,000,000 bushels of wheat un
sold in the hands of the farmers. He
expressed the opinion that the flnan
clal flurry la over. Mr. Wlloox said
in part:
Since my return October I from the
east I bave at no tune expressed to
my closest friends any view of th
probable outcome. , Perhaps the less
said the better. But this evening for
tne rirst time 1 am wining to say
believe the financial flurry is over. To
day is the first day I bave had the
courage to do business. I had been
paying my debts, and liquidating what
1 naa. ana getting ready. Today
have gone back into the market to buy
wheat. And I have the money to pay
ror it.
- Cannot Destroy Prosperity.
The speaker said In 1893 he went
out Into the interior to buy wheat and
conditions were quite different The
wheat had got wet, and it was not In
the best condition. The price was
about 30 cents a bushel. He thought
something should be done to make wheat
woirtn more than that, wince then the best
?'eara of his life have been spent open
ng new markets in various parts of
the world that have made wheat worth
80 cents. ,
This year the Pacific northwest nas
produced 60,000,000 bushels, of which
b.ouo.ouo puaneis nave oeen soiu and
delivered and we have the money. From
10,000,000 to 15,000,000 bushels more
have been bought and paid for. There
remain now In the hands of the farm
ers about 40,000.000 bushels. It will
bring them 70 to 75 cents a bushel. This
wheat ia still to come in, mostly
through the country banks, to be
shipped to the east, and elsewhere. With
such resources in this section of the
country good times are inevitable.
"You cannot destroy the prosperity
of the Pacific northwest," said Mr. Wil
cox, "which out of the goodness of
God and the intelligence and energy
of men Is producing the goods that
make prosperity."
John Hartog. newly appointed man
ager of the Eugene Commercial club's
publicity department, gave his Impres
sions of Oregon. He referred in highly
complimentary terms to the Portland
Admen's league and its work at the
recent Sacramento convention. Hav
ing traveled over much of the world,
he was prepared to discount the scen
ery, climate and resources of Oregon,
but found here tho greatest country
he had ever seen.
Mr. Hartog nald It would be his aim
to spread this Impression of Oregon's
valleys into the east and to foreign
countries. With the assistance of Port
land he hoped to be instrumental in
building up a sentiment of loyalty to
the Oregon state university. He dr
clared he had found here an Oregon
RDlrit" that was the most admir
able and potent of any he had known
in his promotion wora eisewnere.
Tbonsands of Inquiries.
The keynote of the club's dinner was
"Advertlaing Oregon." and one of tho
most enlightened talks was given by
John H. Whyte. manager of the As
toria Commercial club, whose system
Is a method of classified advertising
In newspapers and magazines of Amer
ica and Europe. He showed on the
wall of the dining room an exhibit of
magazine pages, newspaper headings,
pictures and advertisements, to Illus
trate his remarks, and told of the re
sults that are being secured from them
for Astoria.
In four months the Astoria club has
received 4,100 replies from 65 small
classified advertisements used In 825
publications, at an average cost of
$1.70 per publication, securing an ac
tual circulation of 80.000.000. and a
reading circulation of probably 450,000,-000.
Home-seekers ana investors rrom the
eastern slates and cities and from Ger
many. England, Ireland and Denmark
have come to Astoria In answer to the
cqrrespondence thus started. In one
day 100 letters were received from Eng
land, and In a single mall 100 letters
came from Germany. The latter were
answered In the Uerman language by an
Astcrlan citizen.
Mr. Whyte said municipal advertising
is not the task of a dreamer, but Is a
means of great practical results, and
the day will come when the municipali
ty will be taxed to pay for It. Accom
panying Mr. Whyte from Astoria last
evening were Mayor Herman Wise,
-John E. Cratke, editor of . the Astoria
Budget. Charles Gammal and Norrls
Staples.
Ontsids Town Bepresented.
Hood River was -represented by A.
A. Jayne. E. H. Shepard. publisher of
"Better Fruit," R. H. Wallace, J. A.
Wilson, and J. H. Hellbronn. A. P.
Banking conditions In Portland have
more nearly retuimed the normal todny
than at any time since the present fi
nancial flurry overspread the country.
according to those who have been
keeping in touch with the tone of bus
iness and the spirit of the people. To
put the situation In the words of one
of the leading hankers of the city, used
this morning In discussing the con
ditions affecting the banks of Port
land, "things are as quiet as a mill
pond."
Since the suspension of the Mer
chant.' National bank business at the
banks has settled back to a normal
basis and today the people seem to
have come to the conclusion that the
worst 'Is over and that the future Is
simply a matter of recuperation Quiet
and calm prevail at all of the financial
institutions In the city and at none of
them are large demands being made for
the withdrawal of funds.
Depositors Oem Confidence.
Business has so far swung back to
the normal that the depositors windows
are more patronised than the paying
tellers' and the deposits are not being
disturbed in any greater degree tnan IS
usual in the general transaction of
business.
A visit to the several banks this
morning showed no excitement and but
few people at the Institutions. From
he conversation of depositors and peo
ple generally the sentiment is shown
that the crltls is past and that no fur
ther trouble will be experienced by
Portland banks In meeting all demands
and carrying themselves safely from
this time on.
At the Merchants National tha work
ing force from President Watson down
Dusy Denind closed aoors preparing
showing of the bank's condition for
the examination of Claud Gatch, nation
al bank examiner for Oregon, who
reached the city last night and at once
took charge of the suspended institution.
Mr. Gatch will make his examination
ANDERSON
DANGEROUS
CHARACTER
Counterfeiter Captured bys
Police Thought to Have
Been 3Ian Who Attacked
3Iiss Agnes Albers Evi
dence Against Him.
Government Officers Kept
Tab on Him and Kuhn
Who Was Helping" : Jlaktr
Spurious $5 Pieces-rTcll-Tale
Diary. , :
(Continued on Page Two.)
In John Anderson, counterfeiter, th f
United States secret service has prob- :
ably captured the roan who attempted
an assault on MIM Agnes Albers -wr -
the first of this month when tb young
girl was crossing a bridge over Sulli-
van gulch. Anderson's belongings
showed, that he waa a man of low mor
al character, an ex-convict and a des
perado of the kind who would commit
a murder If be felt safe that he could
strike his victim down from behind. ;
Miss Albers has not been brought
before Anderson for the purpose of 1
identifying the man as her assailant ;
as it was feared by her parents that
the shock would weaken her nerves
to a dangerous extent. However, the
evidence points strongly to Anderson
and it will be remembered that at the
time of the attempted assault -on Miss
Albers he wss held by the police on
suspicion of having committed the ,
crime. Fred Stuart who went to Miss
Albers' assistance when she called for
heirj. told the police at the time of
Anderson's arrest that he thought An
derson was the man wanted but that
he could not be positive In hi identifica
tion. Anderson was then released.
Work of Secret service.
Shortly after the Sullivan gulch Inci
dent the secret service men secured evi
dence that Anderson and an ex-convict .
named Fred Kuhn were preparing to
flood Portland with counterfeit $5 gold
pieces. Anderaon bad served time for
counterfeiting and was released about
one year and a half ago. Since that
time the secret service haa been keeping
tab on him, but he did not make a move '
until about four month ago, when coun
terfalt coin supposed to have been put
out by him waa detected by the local .
division of the government service.
Anderson and Kuhn worked cleverly
and their lair could not be found. Tha
secret service men held hot to his trsil
nevertheless, and Just about the time
of the Albers assault were pretty elose
(Continued on Page Two.)
mm
FIN
Prosecutor Childs Declares Banker Accepted Worthless
Notes of Assistant Cashier as Collateral for
Loans With Which He Built Railroad.
(L'nlted Prera Laaaad Wire.)
Chicago, Nov. 13. Prosecutor Childs
today outlined the government's charges
of "high finance" to be made against
Banker Walsh. He will charge Walsh,
through Frederick McLean, former as
sistant cashier of the Chicago National
bank, who obtained $2,900,000 from his
three banks, with accepting McLean's
notes for as much as 3160,000 in one
day. McLean's salary was less than
J5.000. and the money obtained in most 1
cases was in notes of $75,000 eaqh ami
was turned over to Walsh, who used '
It In building his railroads. Walsh ac
cepted McLean's notes, as collateral.
It is further charged that the insol
vency of one ban kr was concealed by-tho.
shifting of the assets of the other two.
This was. discovered by the simultan
eous examination made by national and
state examiners.
MEXICANS ARE
and J.
Batliem, president of the Mosier Valley
Commercial club, was among the
guests..
DEPORTING
BEOS
Peaceable Yaquis Forced to
Abandon Farms anf Take
Residence Elsewhere.
KILLS WIFE
II
BY
AUTO
. (United Presa Leased . Wire.) '
.Mexico City, Nov. 13. A wholesale
roundup of Yaquis Is now In progress
u;on the ranches and in the mountain
villages in the state of Sonora, Is pur
suance of a policy which haa been
adopted by the federal government ofr
deporting au xaquis from their native
territory. ,
Since the new order was given the
Mexican troops have taken Into custody
several nunurea xaquis, wno were round
pursuing peaceful occupations. Men,
women and children are Included. It is
asserted that theae Indians gave se
cret support to the war faction of their
tribe and that the .only way to restore
peace is 10 uear tne wnoie region o
Yanuls. , .
The transport Oaxaca haa left Quay
mas with COO Yaquis, who are being de
ported to the hot region of Yucatan,
more than 3,000 miles from their native
territory.. Another lot of about 400 has
been, seat to Ouaymaa tor deportation.
Banker , oi Rome Stretches
Wire Across Road, to
. . Trap Faithless Wife.
5 (United Prtat Leases Wirt.)
.' Borne.' Nov. IS, Banker Jpertonl,
many times a millionaire, was arrested
, here today, charged with killing hi
wife and her rloh admirer, Zerbati, The
bodies weret found in a road leading
from Zerbati' villa in tha suburb of
Albano, near Rome, both nearly be
headed. Across the road and btwrfi
tw treea Was stretched a wire wnict
the couple --struck while daHtiing alone
in an automobile. Tha car
in the ditch. Bertonl admits th kill
ing and says that he Is prow of hi
skill. Public opinion -J on M M
and he will probably escape ti $
liet Ight h followed hi Wf f M
Zerbatl's villa and liM thnt plr
trip to Rome. He first ldH to s.ae
them but had no wnpon. '' l '"I
bliog over a arape'vttie sueirfed Jt.e
1 k. mrinriufr atr.t'!td the 1
wire and waited, making eure that not
wer deaa Deturc u. v