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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (Jan. 22, 1908)
THE OREGON DAILY, JOURNAL'. PORTLAND, WEDNESDAY EVENING, JANUARY 22, : 1003. 10 STRAIN FDR JBIH U I 111 llll; I Wll Umatilla's Assessor, Who ICnows How and Dares to Force -Square Tax Deal, ...Can Urge Peculiar Claim to the Honor. coord paralleled DEFENDS COURT Presiding Judge Declares j Schmitz Case Was Decided, According to the;Law. Un Values Now PIANOS. ORGANS AND PIANO PLAYERS OF WELL-KNOWN MAKES AT TREMENDOUS SAVING FROM REAL . JVORTH. ' ' ' (8p1 DU pitch to Tb Joornal.) .t..i.in Jn !t. Charles P. v Din utkuor of tmatllls. county, h has mads such a succesNful and con " tlnusd tight tot correct assessment of ..... in I'matllla county. Is being : boomed by a Urge number of Eastern Oregon .votera as the Democratic canui- am lor cvdiicm lrk-t. Jlr. Strain haa been In office, for two ' terms in Umatilla county and during that time bti been successful in puiung a , just eatlmatlon on the property of the ' O. B. A J. line in umsiuia raum,, something that wu never before done i. ik. Kiatnrv tt the office In thla county. Not only haa he been the firs? assessor In UmatUla county to dare to assess the railroad companies at an citable fljrvre, but he haa been tho first pfflclaf In the state who has taken such action. Because of this fact and his continued fight for similar reforms during his administration he has gained . the confidence of the people throughout Eastern Oregon and It Is believed would be strong candidate should be come out for the nomination. ... , Mr. Strain haa gained added promin ence throughout the state recently through his series of articles on ?" ment which have been running In The Journal. He wouia noi enier i" as an unknown man. It is believed by bis friends that he would be able to poll large vote from bom panics. Candidates Dlscassed. . a nrnmlnAnt man of Pendleton In dls cneelnffMr. strain s poaaiuia iim (IT 01 tod rms Leased, Wirt.) San Francisco, 'Cat, Jan. I J. The I Justice of the District Court of Appeals The Great January Clearance Sale at Eilera Piano' House Includes spien did Repreaentation of Slightly Uaed Inatrumenta Busy Daya at The House of Highest Quality Big In ducementa for the Cash Buyer; Con venient Terms if Preferred Every Instrument Carries the Famous Eilers Guarantee, "Money Back If Not Satisfied" Investigate Before the List Becomes Depleted. James A. Cooper, concerning the recent decision of his court In the Schmltx case is contained In a letter written to Attorney . C. Hutchinson of Bnn Fran' ciaco and Palo Alto. In this letter the judge makes a lengthy defense of the decision. The letter, In part follows "I am sorry' to have disappointed you snd my good friends who helped to elect me. but l slmDlv took Dart In inter Dretina" the law aa I understood It and I could not respect myself If I had done otnerwise. ir we are wrong in aucn interpretation or tne law mere is an easy and simple way to bring the mat ter Derore tne supreme court. "In my opinion and the opinion of my associates that Indictment entirely falls Piano and organ seekers who have taken . ..... . 1. 1 1 Tcame o this conclusion after advantage of our great January clearance careful study and consideration of all sale during the past three days have the authorities. Some of us have had ""nloufy.. p!i. StllT.i considerable experience In criminal law. "V;-,,, , .Via not only In a practice of twenty-one years, but with nine or ten years on the bench, and we did not come to our con clusions hastily. that have been previously quoted In this city. Of course there Is a reason for It; in the fact that at tnis time we can use the money to better advantage than 7 can aav that neraonallr I was never having It tied up In Stock for which we l can say inai personally was never i nnt th rmim tn accomtno- more positive of the correctness of a decision rectneas cussed ralv hivi nnt tha room to accommo data. Our wareroonis are crowded, and . i . . v. . aiiL I ill r mrW"VXfiZ?S?iZ also Tour wholesale warehouse, one.de- ln the SehmFw claa layed shipment of nsw pianos wnicn 1 know your ideas of the character J"0"'" ,DL v' ""Vi,. r a judge ire such that you would not J10' J?Jiyj! t, spect Elm If he should depart from fShiTf Zl?hf?mt I. honest opinion merely to please the these, together w of respect ms nubile. I considered it my duty to In terpret the law as I saw it. Even If by so doing I should lose your good opinion and tne gooa opinion or an my rrienae, "I must do my duty on resign. 1 never yet have shirked a duty If I knew it, nor nave i ever written a decision with any other view than to be correct on tne law. HERE FOR A FEW DAY& tv.. ik. ,. ulrl tndav: ."He la the first man In Oregon who dared to assess tne u. n. at n. curaimu; at a Just valuation, the same being tip h.ld by the supreme court. His arti cles appearing In The Journal are bring ing his name to the front and while "the" adverse majority - Is enormous, things might happen. "According to an eminent member or the Republican party, judge r.m, ina present incumbent. Is noted for his surpassing Indolence. Tall Timothy Oecre conduct as governor failed t i meet the approval of the people and In spite of his saying that ho was not a promiscuous candidate, he seems not . nniv tn hivn become a nroralscuous can didate but a, promiscuous resident of mny pari qi iu utiv wi fwju,v pose only." - . . BESS ELOPES WITH CHAUFFEUR Miss 3f)Tiam JDcrore's Heart Won by Auto Driver's v Display of Nerve. V' ' ' .ftTnlfad Press Uued Wire.) St. Louis, Mo.. Jan. 22. A romance or an auto ride in Chicago two years ago culminated In the elopement to thi city and the marriage here last night of Minn Mvriam Devore. heiress to 11.000, 000 and only daughter of Mrs. John A, Tkevnra of Chicaaro. to Robert W. Gil- '. more, the brlde formers chauffeur. WIIVW tBlllvlj . ft., Ulliuvi 9 v - dent of the W. A. Gilmore Advertising company of San Francisca - QJJmore said that their courtship be gan twp years aro wnue tney were gna ' fng along one afternoon In one of her father s large automoDiies. unmore won her admiration tsy sKiuiuny avoiamg i collision with another machine, till move said the bride's family had never - objected to their rnenasnip, out oppotiea - their marriage on account of Mlsa Do- a vore a age. xne onae is is years oia. League Committee Meets. . V , United Preas Leaaed Wlre.l , New Tork, Jan. 12. The members bf ' . the executive commmee oi ino nauonai Republican League met at the Republl . can Club In this city today1 to .discuss the - arrangements ror tne coming Bi ennial convention of the league. The middle west appears to be most In favor for the meeting- Dlace. In accordance with its rule the league purposes to take no part in tne contest ror tne Re publican presidential nomination, but ..will pursue a vigorous campaign and . education in oeuair or tne candidate after he has been nominated by the Chlr j cago convention. ABSOLUTE SECURITY. Genuine Carter's Little Liver PiUs. Must Bear Signature) of gee Facsimile Wrspper Below. TaTy saaaU a4 as FC1IUBACRL FOR OIZZIMCSS. . m E1UDUWEU. FOK TORPID LIYER. rcaccjtjTiPimcs. rDiuuowsui. rCSTKECOKPLUlCI I , auvncBi "war imm itu t, n t.w I rm-eir TetKaNevtfu; CARTER'S I. . Bart D. Walt of OoldfUld, Verada, Pays Fortland a Tlslt. Bert D. White of Qoldfleld, Nevada, is at tne Portland ror a few days visit. Mr. White, together with prominent local men. are. the heavy owners In the uenny uuiin mine, located near Gold field. Mr. White expresses great faith In the future of Qoldfleld and Its mines and with tte permanent settlement of tne present labor difficulties predicts that It will be a world beater in pro duction of precious metals. The mines are showing up splendidly with depth and there seems to be no limit to the amount or ore. Prices of food and mi terlal are being reduced and adjusted. Incident to the lower freight rates tain a put Into effect by the three lines of ranroaas wnicn now reach the camp. It is these chanaed conditions which will make the new Qoldfleld when she emerges rrom her fiery torment of labor trounies greater than ever before. Tne snowing on the oennv Duiin m n Is especially good for the amount of de velopment work done. With tha inatal. istion or tne new hoist and reaumntinn of active work-It should not be many won ma (wore mm mine snouia Decome a regular shipper. To the west of the Denny Dulln Is a mine called the Great Western, which has continued to ship ore for the last six months. It Illus trates what a valuable asset a mine of mis una is auricg panicky times. Read the double pare of East Side news in unuraaay a (tomorrows) Jour nal. Runs every Thursday. King Edward's Anniversarr. (Doited Preas teased Wire.) London, Jan. 22. The bells at Wind sor pealed merrily today and flags were everywhere displayed In observance of the eighth anniversary of Klhg Ed ward's accession to the throne. The customary salutes were fired at all the naval and military stations throughout the empire. The king and queen, with the Prince of Wiles and other members of the royal family, this morning at tended the annual memorial service in honor of the late Queen Victoria, which was held In the Frogmore mausoleum. COLDS CAtTSI HEADACHE. LAXATIVE BRUMO QUININE removes tha eaoie. Uaed tha world oyer ta care a eold la one day. E. W. Orova'a signature on box 25c. Wedding to Naval Circles. (United Prtaa Leased Wire.) Annapolis, Md Jan. 22. a wedding i iincicBi in navai circles look place at the United States Naval academy today, when Miss Ethel Cowles. daugh ter of Pay Inspector Thomas Jefferson Cowles, If. 8. N., became the bride of passed Assistant Surgeon Robert Em mett Ledbetter, TJ. S. N. The ceremony was largely attended bv officer, nt th navy and their families. been received before the until afterward. e carloads a lone. ith the many In struments taken in trade during our big Christmas selling, have almost over whelmed us. And with spring stocks now on the road frout our eastern fac tories, there Is no time to lose. We must clean up our floors quickly.' So every used Instrument "is now offered at a price which means a tremendous Inducement for prompt purchasing. VOn BESZXYS9. All exchanged pianos, taken In trade by us, In addition to those returned from rental uae. and also a number which have become slightly marred by having been used for display purposes, and others a little shopworn, are in cluded In thla Special Clearance uaie. But to fully appreciate this extraordi nary event, one must see the pianos themselves, and note their excellent condition and amallness of price. spunrsxs taxtjxs ,evxt oitb. ! WEBER Full else, perfect condition- beautiful rosewood case siia DECKER BROS. Ebonlxed case, action and tone as good as ever BZZiS PEASE Another one, a more elaborate stvle. In perfect condition S272 EVJDllfcTT Jbargest sise, tne most ex- nenalve case, can t De told rrom aovo LUDWIOLargest' siie.' shows' 'but lit tle usage' CI 56 KINGSBURY Fancy walnut case, good as new aiZ KIMBALL Beautiful quarter-sawed oak case Ixjs STEINWAT The famous Verteerand for BZ1S LESTER Beautiful mahogany case, the regular 1600 style S285 DECKER & SON Fine ebonlxed case. shows but little wear. ....... .1210 MARSHALL & WENDELL A good, re liable make S1HS BAUS Quarter-sawed oak case, fine condition 195 HUWAKi uaK case, can naraiy be toia from new Ill 7ft SINGER Also mahogany, but a larger Dlano 1KA SMITH A BARNES Upright Grand, walnut beautifully carved. ... . til MO VL,aks5jNUU1 uaa case, loons nice new. BDlendid value KZZ5 wesui in manogany, now only WILLARD Fancy walnut. CONOVER Rosewood, now .805 WALDORF Largest slse SliS LilNDELLr Oak case, has been thor oughly overhauled S17H STEADMAN A good practice piano for men CHiUKEKixvu Genuine rosewood case. used about 42 years ....8235 ...137 - -S14S "I have been somewhat enatlva hut Doan's Regulets gave lust the r.nit desired. They act mildly and regulate ma r uuwrin - nerxecLiv. i mnrtrt w Krause, 80S Walnut Ave., Altoona, Pa. FEDERAL ENGINEERS START FOR PORTLAND A BQXrAJtB DEAX. OH SQTAXIS. BRATLET tnot Including delivery)!! BOSTON PIANO-CO 82' LINDEMAN 85- STEINWAT In excellent condi tion mesi unuKuis btjuck. Beautnui rosewood .... i. .w... mmm (..DC. ill uuq nuni. .........gijo CHICKERING Genuine rosewood case. in thorough repair 895 PZAJTO KGATEKS ABB ALSO urcx.uiB9 MELVILLE CLARK APOLLO, with 87 rolls of music (the music alone is worth the price) 865 ANGELUS Orchestral type, with phras- cime sick headache; . : (Oalted ' Preaa . Laasnl WI-. Ban Francisco. Cal.. Jan 21. fnlnn.l Daniel W. Lock wood, Cplonel S. Leach and Captain A. H. Webber, members of the United States engineers, left fur Portland last night, having finished the examination of the rivers and harbors. Dr. Clarence E. J3d wards of the Cali fornia promotion committee, accom panied them on their tour of the state. thev having come to California at the request oi mis committee and ne took them to points where investigation was to e made.. San Pedro. Monterey and Han Francisco ,were visited by tne en erineers. Tne visit concluded with a river trio from Stockton down the San Joaquin river to its mouth and up the Sacramento iqt lno reamer river by steamer. -The meetings held were very satisfactory ana-me .engineers win make their report to the board of United States engineers on rivers and harbors at Washington. , Poultry Fanciers. ' (United Preas Leased Wire.) nhlcsao. Jan. 22.-Tne National Poul try show, tor which preparations have been going forward for several months, opened in Chicago today and will con tinue for one week More than a score nt states and several parts of Canada are represented at the exhibition, which embraces the finest display of high-bred fowls, pigeons ana pet aiock ever seen hc rinrinr the snow ft meeting wit be held to organize a midwest branch of the American Poultry Association, to include the poultry fanciers of Michi- an, Illinois, Wisconsin, inaiana ana owa, - i. .. Uti'-f '.:,!,; ' A.-B. Irwin Dead. s ' (Special Diipateh to Tbe Jonrnal.) I Vnncnnvar. B. -C. Jan. 22. A. B. Ir win, manager of the Pacific Coast Wood Pipe company, died last night He will be buried at Spokane- by the Elks. He was a native of Pennsylvania and once operated in the oil . regions of that state. . Before coming; west he was a stockbroker In New York city. 'r'- Bryan lit Tennessee. (United Press Leased Wire.) ' Nashville, Tenn- Jan. 22. William J, Bryan arrived In Nashville today to de. liver an address under the joint au spices of the local branch of Elks and ms via Hickory Aemooratio ciuo. Read the double cage of East Side news m Thursday's (tomorrow's) Jour, nal, Runs every Thursday. . above BOS Arsiij-iUB Manogany, gooa piayms der inglevers, good as new 898 ANGELUS Another one just like the 898 igor-87K ANGELUS The very latest tvbe Silll BtWsLiV ILiUE UiiAKK ArULLU in fine condition an armful of music in cluded BOH SIMPLEX 890 PIANISTA $85 CECILIAN PLAYER Oak case, sood as new 9100 UU.1UA.IU .ill' Ll.l UUUll t.BC, Jll good condition 8100 GENUINE PIANOLA Beautiful wal nut case, a late type in fine condi tion 875 GENUINE PIANOLA New but discon tinued style 8170 We will include a year's subscription to our circulating library with each of tne aoove rianoias. OBCrAVS ALSO MTST OO MASON & HAMLIN Chapel style, only sio SMITH AMERICAN Chapel style, now only 812.50 DANIEL F. BEATTT Solid walnut case with beautiful pipe top, this or gan nas zz stops ana was originally worth $150, now 845 EARHUFF Solid walnut case, 12 stops, In fine condition B2T BRIDGEPORT U stops, goes now for mere song ,.818 BRIDGEPORT Another one, an eaual a?l'l 28.50 axaiDALiij a line organ, spienulu con dition, sold for $135, now 874 PACIFIC QUEEN Very elaborate wal nut case, with large French beveled plate mirror, originally sold for $150. now RTS ounuan ine wainui case, snows no wear, original cost, $100, now... 858 KIMBALL Piano-case style, fine ma hogany finish, original cost $176, now BTfc KIMBALL Fine quartered oak case, orlelnal cost S125. now BUZJ. AEOLIAN SELF-PLAYING ORGAN One thai everyone can play, originally sold for $300. now ............ BAN PELOUBET REED PIPE ORGAN Solid walnut case, 14 stops, just the thing for your church 856 And scores of other rare values. Vir tually every well known make of niano is represented in this sale at half and In some cases, less than half of original price. i ne importance 01 this' sain should impress you that immediate ac tion is necessary in order to secure best choice, ror "auon exceptional offering's as are featured in this sale are bound to be snapped up quickly. If you live Hi a distance wire, leiepnone or write at once. Remember, that every instru ment will be found exactly as represent ed and satisfactory in every respect or inoney oacs. The extraordinary values and the un usual saving embraced in these offer ings are based in each case on a cash sale, but If you desirs payments we will arrange tnem to suit your- convenience, for tbe mere addition of the veuai sim ple Interest Eilers Piano House Big: rest, Bnsiest and Bsst Dealers, 353 Washington street, eorae of Park. SIXTY-THIRD YLAR life 346 BROADWAY Insurance NLW YORK Co. t. :i ! V To the Policy - Holders: Viilv I gubmit below a cgnrensed Balance-Shect, based ' on market values December, 31, 1907, showing tho v : ' Company's' condition on i that date. i't:Zy-'-J'ii- 'itf 'V. : -V j;'. ".-'i-jV'V'.V: -V .f . ry .. : ; :2' -?f .;-. r,!'" -. ? V, . Perhana .ini no other vear ftf Its historv have" conditions existed wWch enabled the Comnany tO Serve its policy-holders so widely and so directly. The following facts show. In a general way, actual cash paid to bene- . -ficiaries, loaned to and paid foe policy-holders and invested for the security of contracts ; ; - ; ", ' ' . i . 4'; : : iPaid j to beneficiaries ' under fl.9li nolicies which : :,:.y; ; matured by death ol insured. '.L.. :. ..I...m $22,761,594 raid to holders of 2,354 Endowment pohqcs which matured during the year.:.......w. Paid to 2,423 Annuitants. Paid to owners of policies surrendered to Com pany ; Paid premiums for policy-holders out of surrender Values v..;.;.;. Paid dividends in cash to pojicy-holdcrs ........ Paid premiums for policy-holders . out of dividends aaM 5,802,736 :i,m,m 11,810,853 . 21,843 4,710461 1,166,892 Direct cash benefits to policy-holders, over........;.............:.......; i. $48,000,000 Paid to 81,000 policy-holders in loans on the security of their poli cies at J per cent and without fee or charge, oyer.. 27,000,000 Paid for investments to cover increase in legal reserve.:. 28,000,000 Total Direct Benefits, Loans to and payments for policy-holders and Increased Reserves, over:. $103,000,000 As evidence of the efficiency with which your Trustees and the Officers of the Company have discharged their duties I invite your attention to these additional facts: r , , 1900 . 1907 Rate of interest earned on total mean investments in Bonds 4.16 4.24 Rate of interest on Bond investments of the year................:....... 4.02 4.34 Rate of income actually realized on Real Estate owned .. ....... 4.85 5.03 Rate of income actually realized on Real Lstatc mortgages ... 4.44 4.55 Dividends to be paid in 1908 $6,200,000 The Company is sound in every part That it retains the confidence of its members and that its assets art of a high order is conclusively shown by the fact that its cash income during 1907 was over $102,000,000. It is efficiently serving directly one million people, indirectly probably five millions, resident In every country of the civilized world. It could with increased economy and mutual advantage better serve directly, two millions of people and indirectly ten millions. As one of the forces in society which foster self-respect, cultivate providence, prudence and responsibility, it ought, in common with all kindred movements, to be allowed unlimited opportunity, under full publicity.. At the present time this Company is by the State limited in its efficiency, limited in its usefulness, and limited in the pro visions which it may make for the security of your contracts. In 1905 the membership of this Company was disturbed and alarmed by revelations in life insurance, revela tions which led directly to legislation by New York and by other States. , It is impossible now to correct any of the misstatements, misconceptions and misunderstandings of that time; it is too early' to attempt to justify either men or companies. Time will do that. But you then asserted yourselves through the force of public opinion, a force. against which no man or any body of men can stand for any length of time. Life insurance as a whole was purified. The sections of the Armstrong laws which demand publicity, compel economies, insure care in investments and protect you against improper transactions with your funds, have aroused a high sense of Trusteeship. They have benefited not only life insurance but all corporate life, and not a line of those sections should be repealed. But there are other sections which are dangerous and reactionary. They have already checked the growth and progress of life insurance. This is a national calamity. The Companies of New York State, which for some years prior to 190S added about $500,000,000 a year to the volume of outstanding insurance, will probably record a large loss in 1907. In 1906 these Companies lost $150,000,000. In other words the laws have gone too far. Reform was necessary; but reform discredits and endangers its own achievements when it writes vicious and danger ous principles into the statutes of the State. v Against such legislation and against such results you ought now to assert yourselves through public opinion as emphatically as you did against evils in management in 1905. Your personal interests demand it, your duty as citizens who instinctively rebel against laws which open the door to paternalism and socialism also demands it Some of the laws whjch menace your interests and are the product of a false theory of statesmanship are: ' 1st. Section 87. (New York State Laws). This limits the free surplus a company may hold. Bnrin&agc in octiuiucs wiuuu iwcivc munuis represent a wiacr iiuciuauon ay nearly two to one tnan the margin the law intends the companies to have for contingencies. The section is dangerous and should be repealed. 2d. Section 83 (New York State Laws). This has substantially put an end to the issue of insurance on impaired lives a branch of the business which up to the enactment of these laws was perhaps unsurpassed in real usefulness. The section should be amended1 3d. Section 97 (New York State Laws). Under this law the State has undertaken to manage the details of business introducing a vicious principle into legislation. Seeking to prevent extravagance the law prevents growth. The section should be amended. ' 4th. Section 96 (New York State Laws). This law reverses the present struggle against com- binations in restraint of trade, and directly restrains competition by arbitrarily limiting the output of ! life companies, even when that output is legally issued and is of unquestioned value to the State. The v section should be repealed. 5th. Sections in the Laws of nearly every State in the United States J Imposing an income tax on life insurance alone and not on any other interest or business thus raiding ; trust funds, ijenalizing prudence and thrift, and unjustly discriminating against property dedicated to .r a sacred use. . - This Company is not merely a corporation, something apart from you. It is yours your property to defend ' and protect , . The menace to life insurance just now is not in management, but in legislation. The people have been vigilant and effective against the former; the time has come for them to exercise their rights ' and their authority against the indefensible aggressions of the latter. ' A pamphlet giving full information about the condition of the Company at the close of 1907 will be forwarded ju iuwi iu any yviivy-iiuiuci ui miy uuicr person interested in uzc insurance I Further information abput. existing laws which are restrictive and dangerous, or about laws proposed from 0 time in different legislatures threatening your interests will be gladly furnished, and inquiries regarding such DARWIN P. KINGSLLY, President. time to measures are solicited. New York, January 15, 1908. Balance Sheet December 31. 1907. - .ASSETS 1. Real Estate 2. Loans on Mortgages 3. Loans on Policies, 4. Loans on Collateral 5. Bonds (market vals., Dec. 31, 1907) 6. Cash ............... 7. Renewal Premiums 8. Interest and Rents due and accrued $12,721,861.05 50,217,704.06 ' 73,236,951.23 900,000.00 334,979,519.85 9,271,727.31 7,487,691.41 .5,593,352.96 $494,409,807.87 ; , LIABILITIES 1. Policy Reserve .... . . . ', , . . ....... 2. Other Policy ' Liabilities . . 3. Premiums and Interest Prepaid. . . 4. Commissions, Salaries, etc......... 5. Dividends payable in 1908 6. Additional Reserve on Policies.'...; 7. Reserve for deferred Dividends. . . 8. Reserve for other purposes.. ... ; $432,872,357.00 5,890,977.35 2,311,879.23 . 171,141.73 6,200,938.18 ; .l 2,791,558.00 35,863,716.00 8,306,240.38. ; . $494,408,807.87 V f ' ,
