Image provided by: University of Oregon Libraries; Eugene, OR
About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 2, 1908)
'-: THE' OREGUN BAttY JOURNAL, PORTLAND. SATURDAY' EVENING. MAY 2 1903. 18, STRONGEST BUSINESS HOUSED IN WORLD IS . MITSUI CO. rnti-Shogun party was financed by the Mltsuls. For. this service ttia nead 01 the house was created a peer, and other member of the family have been deco rated and given .various kinds of hon- ors.- x , Wealth. . of ZOerea Tamllies. , The holdings of the house of Mitsui are the common property of the jnem tiers of II. families, and the conduct of affairs Is under the. direct control of a : board made. up of the heads of these family groups. According to the social customs of Japan, the unit of society is the family and not the individual. ; "Family" is a collective word and does not necessarily mean one household. It may consist of 40 households with 100 members, but in the eyes of the law ' It is one family. It is ruled by a fam ily council and the oldest son of an oldest son presides overyit-- The indi vidual Is always subservient to the family, and when the rlshts or interests of one person are weighed in the bal- ance against the rights or Interests of .the whole body, -the decision is always : against the Individual. By laws and customs of inheritance, the estate of the father descends to the first born son by primogeniture. The younger sons must be adopted into an other family, or falling to do this, must make their own fortunes independently. In the cage of the Mitsui family, how ever, from the oldest to the youngest . there Is no particular property to which any individual can enter his ab solute claim. The properties are . the common holdings of all. It is a col lective body or Joint association, work ing with a combined capital and under Joint liability. . . - ' Org-aalsea la 1733.' - The ' family " rules under which this great organisation - works were drawn up in 1738 , twhen' George . Washington was 1 year old), and they continue in force Vntll this day. being only slightly modified to conform to the require ments of the laws of the country under its constitution. The original rules were left to the family In the last will . nd ttstamen t - of - one Takat oaht, - and were codified by his son, Hschirobel Takahlra. Th. many changes in all these years have not altered the prin ciples of these rules, and the business which owns its own steamship lines and rlrdles the globe is still governed by regulations originally intended for a drygooJs store In ancient Yedo, a city to which no foreigner might come, and located in 'a country from which no catlvo might Journey. The influence of the Mitsui family In the economical affairs of Japan la so extensive that it is difficult to give anything -like a comprehensive survey of It The undertakings may be di vided into the four departments of banking, foreign and domestic trade, mining and wholesale and retail dry goods. 'Under these oome Innumerable branches, such aa home commerce; for eign trade, shipping, fisheries, insur ance agencies, warehouses, retail trade, iron and engineering works and many other enterprises which cover practic ally the entire commercial and indus trial field. control ureal sang. The - Mitsui banking business was founded over 200 years ago and Is deep ly rooted in the soil of Japanese finance. These banks financed the res toration and In 1871 the Mltsuls decided For that purpose mey ereciea a mag-lines written are conducted under Hie nificent stone. Duuaing in -xoaonatna. '. " BY FREDERIC J. HASKDT. J I (Copyright, 108, by Frederic J. Hasktn.) . Toklo, April l.-4-The MItsal family of Japan-It. one of the oldest and trongeet'buslneas concern! in the world. , It has a finger In almdst every kind of enterprise in the Island empire, and itg ramlflcatidng extend to all parts of the globe. In fanancial strength It is second only, to the ira perial household. - It has its wn-f4eet-pf atunera4oaFry4t greaMsoin merce, which Is so extensive that it amounts to one seventh of the en tire foreign trade of Japan. It mines one third of the whole annual coat production of the country, and its trade in cotton' yarn constitutes one third of the nation's total output. y :.... '. S-"V' ' '. --.'( According to the historians of the Mitsui family their early ancestors were great warriors. But on one occk ion,f JeVeral hundred years ago. the leader of their clan was soundly trounced by a vicious rival,' wherefore he turned his back upon warlike pur suits , and opened . a drygoods store. From that tm on the energies of the clan were applied -to commercial pur suits with, such success that the busi ness founded by the defeated brave is now one of the strong pillars of the empire. Th. early Mitsui traders were the nloneers In the idea of cash re tailing; they organised a, plan for the collection and remittance of money, and established the first carrier's business la Japan. As early as 1687 the Mitsui family waa appointed oy tne government as urn purveyor and .'controller of public ex change. . In recognition, of the services rendered' at this time a vast estate In Toklo was conferred upon the clan The Mltsuls have continued to render valuable service to the state. For two centuries they were loyal to the Toku cawa Shoaunate. and later to the em- penclniefc-iwhnh:xesenmi jieror wa restored to actual power, the ber, railway' sleepers, sulphur," matcheaj But in 1872 the government decided to adopt the American banking system and the First National Bank of Japan was organised. This compelled the Mlt suls tabandon their plan, but they became the principal shareholders' In I he new national bank. Thev turned over to to It the house the family had erected for its own purposes which re mains today one -of the finest struct ures in tlie entire empire. , Later. In 176, the Mitsui bank was organised. Although not the official bankers of the government, it is a well known fact that now, in the times of financial stress, the Mitsui family is practically carrying upon its broadwshouldera the credit' of the Japanese nation The exDort business or tne Mltsuls is the most extensive In the country. They ship millions of dollars' worth of raw Rlllt to New York each year, being the largest handlers of silk in the world. They were pioneers in tne export or Japanese rice and do an international business In this staple. Among the many articles included in their export business are Coal, cotton yarn, cotton cloth, copper, silver, coral, cement, tlm- Tremendous Imports. ., . Their " Import business is conducted on an eaually large scale. Their com mercial Importance to the United States Is shown by the fact that they are the agents in - Japan for the American Bride company, the vUnited States Steel corporation and tho General Elec trier com Dan v. The list of their 'inv porta includes such important Items- aa teamers, wars nips, orunsnoe, luwmw lives, ateel bridges, electrical machines. Dig Iron, wire, lead, tin, sine, machinery of all kinds, and material for railway eauiomeot. Although equipped with s great fleet which they own themselves. the-JiUsul -find -4t Inadequate to meet ttiolr needs, and are known as one of ine great charterers oiaiem-iiu tonnage in London and -In the east.. This great commercial concern has been engaged In the mining Industry since 188, when U bought from the ?overnment the extensive - Milks coal laid. This tract comprises an area Of 16.000 acres, or roughly, 25 square, miles. Since the mines passed into the control of ' the Mltsuls no expense has been spared In providing -the best and newest appliances to develop the prop erty and make It one of the great ralnr ing enterprise of the world. There are several seams of coal In the Mllke field, but only the first and second seams are capable of being profitably worked. These mines give employment to over 6,000 miners and workmen, and the coal Is conveyed to market by 200 schooner rlcged.' barges. Aside from tbe coal mluea, the Mltsuls also own and oper ate silver, copper, lead ' and sulphur mines. . , Known world orsr. A' noteworthy fact about the MitsuU lanrny in tnai, noiwiuuuuiainx us lonn history reaching back to the sixteenth century. It haa not taken on the crust of conservatism which characterises so many old business establishments. That It Is the head of so many phases of the Industrial life of Jnnan. that it 1h the foundation of the national credit at wis time, ana mat no Japanese nrm la so well known--in the outside World. roves that its economical Influence in - , ( v - - i , . zrzzzi; 'I k - "It" a tome That's S3 ian Is of the first magnitude. 3ut the interests of the Mltsuls are ' MALTED BARLEY isjdigested, food.-; Hops afe also an aid to 'sleep. That's what you.jjet in beer. why the doctor says "drink beer 99 when one lacks vitality.'. Beer quiets the .lierves, not because df the: alcohol. Ehei of that.; But because of ' the family name. The family owns stock to the amount of million. In other con cerns in Japan, and on account of Its prestige, Its voice Is respectfully list ened to In every Joint, .took company In which it has a vote: Among these private - concerns which are really a part of the Mitsui foundation are The Bank of Japan, The Yokohama Specie bank, the Nippon Yusen Kalsha, or Japan Mall Hteamshlo comninv. nnd other prominent industrial corporations, such as cotton mills, paper mills, and sugar refineries. Second only to the Imperial household in influence, the Mltaui family cannot urn eepnniiwi irom me great of world polltlrs which center and Japan, and which are now forging w me Liurii. 11 in reriain mat tne voire of the Mltsuls will be always lifted against war, but even thev have little influence In any other line than, business. On the other hand. It may' o me miisuis wno win cause a war by I leading the aggressive commercial cam- J palgn which Japan is conducting in . North-China and which is already dls- ' turning the waters in the sea of world i diplomacy. i questions r in v nina hops, for hops are soporific. A bottle of Schlitz at bedtime, induces sleep. In every way the drinking of ' beer is good for you, pro viding the beer is pure. , It is only the wrong beer that leads to bad after effects and to biliousness. I v Schlitz beer is pure. We spend more on purity than on all other costs of our blowing! Even the air that cools it is filtered. And every bottle is sterilized 'DIS STREET CAR PIZNESS IS GETTING UNGUESSABLE" There is in Schlitz. all the good of beer, arid none of the harm,: By George V. Hobart. (With a few necessary additions of local color.) Py Chlmlneddy! djs street car pltxnesa in Portland Is getting to be so unguess- abje dot nobody knows dor answer. , Uese days' it la dot der public has to rush to dor bulletin boards to get posted yuat vare to stood on der street before raising der index thumb at der busy motormans. iti . Knew mm GOOD LIFE INSURANCE WHEN THEY SEE IT That's Why - s v That's Why That's- Why "Oregon Life" gained more business in Oregon in 1907 vthan any regular life insur ance company. Our business for 1908 shows marked improvements over our splendid record of last year. April was, with but one ex ception, the biggest month this company has had since opening its doors. Not -One Death . HMJoce(? 1907-rNot BMBBBBBMBBaaBBSSSBBBBBBBBSSMBBSBBBIMBBl UI1C UCSU1 111 lUO. Our Risks As well as our investments are carefully selected. THEME"! SfjO.EXeUSE FOR ANY CITIZEN OF. OREGON TAXING UF KSCSAKCC FHOll if 0CTSIDI COSIFUT Qrcgoaljfc 15 BEST, fOB OI2EOONIAN5 Cene CUIce: Corbeit Clij- Cor. 5l!i & L'crrlsoa Sis. , Pcrllaad, Or. a. L. MILLS President Lv SAMTEL General Manager CLARENCE 8. SAMUEL rAss't Manager y , t . Der spring styles in catching a street ear seem, to fluctuation vurse den der cotton market efer dlt. It vas dot der husband vakes ub In der morning und says py his luffing vlfe, 'ianateltak hurry . my breakfast, please, because der car stops on der far side dls morning und 1 must hustle " 'p,ariJon m. Rutherford," responses der luiring; vlfe, "dls ia. Friday und der car stops on der near aide you haf plenty time!" Dus it la. .Yesterday t hat some pltsness down VHn' ?? J -vent ofer on der "ear side und valted for a car. Ven der car came py I hat my thumb ouia In der atmosDhere nmin.i. k... der motormans kept on to der far' side und stopped. Py der time I ran ofer to der far side n? va" STone again und annuder car hat topped at der near side, Ven 1 rushed ack to der near side wer car passed me going to der far side, und now der near side looked so much J? oer far side dot I vent back to der udder aid. vlch should haf been der near side, but how could it be der near side ven der car vas on der far side und I could not get near der near side in time to catch der car before It vas far avay on der far aider . Yu!i a? 1 ru'e? back again to der far side der near side became der near est side to catch der car. und ven I Suffed ofer again from der far side to er near aide der nearer I got to der near side I could see dot vfle der far side vas far avay it vas nearer den der near side vlch vas always on der far side ven I hoped to get a car on der near side. Den I gritted my teeth und made up my mind to anticipate der action of dor car py.loodinii half way betveen der near side und der far side bo I could run tovlch efer side der emergency called I vss atooding dare abould a minute much pleased mlt der Idea, because der near side vas now abould as far avay as der far aids ven yuat Sen a automo- intunnuTi neuKeo. ud Denind me und vun of der forvard turret, struck m on ray own personal far side und hoisted jn; ofer to der near side yuat as a car left for der far side. I reached ould my hand to grab der far-side of der step, but I missed it und caught der near side und py dls time der car vas on der far aide urid der motormans grabbed der near side ofdcr eleotrlcsjasity machine und push it ofer to der far side und der car started !aE1 .,Pas0- Texa8' at der speed of v union m. mmuie una aare l vas mlt der near aide of four linger, holding to der far aid. of der step und der rest pf my body sticking straight ouid in n.o . m ymr or trousers on a uuuiOTimo u a, gaie or Vina. Den der near side of mv1 flmrara fused to hold ort "to der far side of der step und mlt der near side of my face I struck der far side of der tracks und der near aide of my brain Raw efery In dividual .tax on der far side of der uni verse. Den I vent home und crawled into der far side of der bed vile my vlfe sent for a near aide doctor vlch lived on der isr siae ui oer diock. D. DiNKEISPIEL, Per George V. Hobart WILL SPEAK OX LAW POINTS EQR WOMEN The Sunday "At Home" at the Young Women's Christian .Association offers soma special attractions ' this time. After tho Drop In Bible Clans and Ut ile journey room, wnicn open at 4 O'clock, come, the musical program,' an unusually good tone and the address. The- talk for the afternoon is "Law Points for Women" by Jl. F. FlegeL This promts to be a most practical, helpful talk for business women right to ..the. point with some suggestions viii:n noma cusi you i IX you came to the office for them." Tbe following is th. musical pro gram: Vocal solo. Mr. Olga Bartsch Langf? violin solo. Miss Gall Myers; voca) solP, Mrs., Pauline MiUer-Chao- Ask for th Brnuery Bottling : ' ( Common beer is sometimes t&b&ituted for SchTilM, " y r , . - To avoid being imposed pon, set that (Me cork or crown is branded S(kltts ' PEone Main - - - - JShenrood & Sherwood -y" 8 Front St., S. E. cor; Ankeny St. .... . ." Portland The BccrThat Made Milwaukee Famous SHAKE DUST OF FARM AT OCEAN BEACHES Inland Empire Residents Will Flock This Summer to Coast Points. v invited. young women ar. cordially Johnson to Address Chlcagoans. - United Pivea burf Wire. I Chicago, I1L, May t. Leading Demo erats from all parts, Of Illinois have come to Chicaro tx attend tnnWhc. banquet of. the Iroqilols club, at which oovernor Jonn A. Johnson of Minne sota. Is to be the , guest of honor and the r chief speaker. . Much lnt.M i manifested An, the function ainc it was annouriceditfrKlnSbvernor- Johnson's ma. drees waa to ba of national political ImDortanca," "The residential hmm n the Minnesota). -executive is helUvi in have gathered considerable , strength Inc. the Johnson headnuarters .nr. opened la Cbiuago several weeks ago. Inland empire people are showing more Interest this year than ever before in summer tourist rates and travel to Oregon coast beach resorts. A niove ment has been started at Walla Walla to Induce the railroad companies to put In ea&eclally low .rate, and Improve train accommodation, for this business. The Walla Walla Commercial club has fassed resolutions on the subject, and hese have been unanimously Indorsed by a vote of the board of governors of the Portland Commercial club. The resolutions are as follows: Whereas, The summer travel between Interior points and the seaside' summer resorts of Oregon and Washington Is of increasing volume and Importance, and is for the welfare of the people of this community, and Whereas, Said travel haa been Induced by the railroad companies ty tne grant ing or an especially (about one fare for lT 1 the round trip -for continuous passage) ' and th. business under said rate waa admittedly re munerative, and Whereas, At the time of the Lewis and Clark exposition at Portland, the rate was advanced for the puroose of al lowing a stopover privilege to admit attendance at said exposition, and since that time has not been reduced, and Whereas, The only objection known to have been raised against the original rate wa -that it occasioned patty dis putes over the matter of stopover priv ilege, requested by heavy freight ship pers. now therefore, be it Resolved, That in th. opinion of this commercial organisation the best In terest, of this community would be served If the railroad companies would reestablish the original rate on contln uou. Dsssage summer resort -tickets to b?aer points from the interior, and 4hat at the name time a ticket at the higher rat. allowing stopover privileges be sold for the use of such persons as wish to pay for that privilege; and that a copy of this resolution b. sent to other commercial bodies In eastern Washington and Oregon and Idaho, and to the Commercial club of Portland, Oregon. . i SPREE HABIT CAME FROM LONG PRACTICE Mr.. Mary Relsentahn has begun suit In the circuit court for divorce from Qotfrled . Relseniahn. alleging that within th. last year he has contracted the habit of goina on screes. ' Thev war. married in Germany hi 1883 and came to Oregon 'ten years later. Mrs. I nasKECEizaiizsassza?nKisiiszriirzzzsrssrr."i St J tir . ITV ff'iBbBBBSB-SI DRIVE In paint satisfaction is made by the buyer of BAY STATE prcj ducts. Used intelligently, the re suits are economical and satisfac tory always. v - . THE BIG PAINT STORE Fisher, Thorsen I Co. FRONT AND MORRISON STS. UZXU&SEZS3BXZ3aaaSIIIXBSE&ZSSZSSZ3ZSEXaZSSSS3ZSZS: Relsensahn want. 1 2,000 alimony, the custody of the children, and one third Interest In 1(0 acres of land near Bux ton, said to be worth $3,000. , William Scheurer has been, sued " for divorce by Emma. Scheurer, to whom he was married in 1901. His wife al leges that he deserted her In: Novem ber. 1906. : - . : J New Notaries. (Special Diipiteh tit The Journal.) Salem, Or., May 2. Commissions as notaries publio have been Issued to the following: Will M. Peterson, Pendle ton; S. Potter. Sheridan; E. IX Tlohenor, Clatakanle; Adella R. McBrtda, Portland.-' ;.:...:,- : mm) Many people who are neglecting symptoms of kidney trouble, hoping ' 4 1 will wear away' are drifting towards Bright' s Disease, , which is kidney trouble in one of its worst forms. iiii stops Irregularities, strengthens the uHnary organs and builds up the worn-out tissues of the kidneys, so they will perform their functions properly. Healthy kidneys strain out the impurities from the blood as it passes through them.' Diseased kidneys do not, and the, poisonous waste- matter isicarried.by the circjilation :to every part of the body,1 causing dizziness, backache, stomach' trou&le, sluggish liver, irregular heart action, etc. -if younave any; signs of Kidney or Bladder Trouble commence taking FOLEY'S Y iUKE at once, as it will cure a slight disorder in a few days and prevent a it is pleasant to take and benefits the wnoie. system. ,. - y:):y : . . - How to Find Out.: Yea can easily determins If your kldneyt are out oC order by. settingr aside for 2 hours a , bottle of the urine passed upon arisinr. If G. D. Curhan Testlfios After Four Year. C. B. Bitrhans of Carlisle Center, N. V.; writes: 'i "About foar year, ago I wrote you stating tost f had been entirety cured of a severe kidney trouble by takins lea. than two bottles af , upon examination re ia CIOOdT or miller Or nag - Folsy's Kidn.y Cure. It eattreiy steppea tne briek-eust sediment and . 77 a brick-dust sediment or small particles float ' painaod symptoms of kidney disease aisappeartd. 1 am gisd te my that : . V. I 1 sa.. - jai m m ' t lmA m nrfiin af BBV af those ItmntaiM dttrinm H A.n wui 111 ii, jvui siuicji -sir. aisea.sea, ana tkeO ' heartily recommegd Foley's Kidney Cor. te any one suffsrlu from 1 C::-.y?!,i r " ---.,., i.y;-yyi Wi-".?1; Two CIzc?, Ud Cents end $1.00. . FOLEY'S KIDNEY CURB abould be takes at JKICB. -; - . . y'y::ty : CLD t:3 :fiEC0"H:2ED DY: A " ALL DRUGGISTS 4. A iX