The Oregon daily journal., May 11, 1908, Page 9, Image 9

THE OREGON DAILY JOURNAL'. PORTLAND, MONDAY EVENING. MAY 11. 1908.
HE DIM
1
1
PORTLAND RAILWAY, LIGI2
& POWER COMPANY
AT IjIS DAUGHTER
E
V
W
FB0L1C0IIFERE1IC
;. Displesed ; at , Publicity
" -.Given Announcement of
. Her Lecture. ; '.
(United hM Essstd Wlrs.) -'
Bellsfontalns, Ohio. May ll.At tn
urgent rsquost of hr father, President
Roossvelt, Mrs. Alice Rooevelt-tone-
worth has changed - her . mind about
tumping the eighth onto congressional
msmot, wnere an election? wui c held
this fall. .-, .: . -v'
The president. It la said, was J!s-
pie&aa witn the publicity rlTen the
announcement that his daughter would
maice political speeches, and this is re
ported to be .the principal reason why
he asked her to change her mind.
In August the Countess of Warwick
will address a mass meeting of 11,001)
negroes in the eighth district, where she
will ' endeavor to elect a Socialist to
congress., n naa Men Mrs. JUongworth's
intention 10 aeome witn tne countess on
the stumo. . The latter kaa Inform x1 V.
G, Wharton, sooialist candidate for con
gress, that she will make 11 speeches
DEATH OF A NOTED
HAH OF THE WEST
SlSJBBSSSSjSSBSSSSsSJ8BSSJSSBSSSSJ
Louis Lee, a - Willamette
. Pioneer and Tribesman
by Adoption.
(Special Dispatch it The Journal.)
Tskos. Wash, Mar U. Louis Lee,
on of the oldest and most respected
white residents of the Coeur d'Alene
Indian reservation, died suddenly of
apoplexy while talking with one of his
sons. He was 6 years old and came
to the Pacific coast at the age of 16.
During the early days he engaged In
steamboatlng on the Willamette river
and then moved to Bathdrura, Idaho,
where he engaged In business. Prom
Bathdrum he came to the vicinity of
Tekoa, over 80 years ago.
He married an Indian women, Eleanor
Peone, and secured control of a large
body of land on the reservation, where
he has since made his home. He was
adopted bv the Coeur d'Alene Indians
:aiorforfthem.lnter,r'Ur- C0Un"
EACE TRACK FIGHT . '
COMES UP AGAIN
(United Prtu- Loufd Wire.)
Albany. N. T., May 11. Interest so
far as the legislators of the empire
slate are conoerned seems today in Al
bany where tonight the speclaf session
hf. f',l."lature h Governor
Hughes will convene. Law makers are
arriving from all parts of the state and
many are already here to wage the
fight for and against the governors
ami-racetrack gambllnr bills. There
tftfXJ " chan- ! the at-
II T. ZV' .OV9i:nP,r "uhs thinks
P to win, believing that pub-
thsWlliment te 'tr0nK n"8h l
Metsger seUs watches for less.
Attempt to Keep Mr. Jtoose
relt From Governors'
Meeting Reported. ;
(nutted fns teased Wire.)
Washington. May U. That aa at
tempt will be mads to bar President
Itoossvelt from patclpatlng la the pro
ceedings of the conference of governors
which meets here next Wednesday, after
an orft-a.nlKii.tlnn 1. f AAtAri. im nat - un
likely, according to a report that has
reacnea tne ears or uis governors Who
have already arrived here.
Why such action Is contemplated. If
It Is, is a puscle to many, as it la point
ed out that, inasmuch as the president
called the governors together he should
be permitted to take any part he wishes
In the deliberations. However, nobody
can be found who wants to stand re
sponsible for the story. .A probable
basis for It may, be found In the presi
dent's refusal to consider William
George Jordan's proposition for a house
of governors and a disposition on the
part of many of the state executives to
adopt the plan. .
MEET TO CONSIDER
DRAINAGE
QUES
T
r -
221
3
Soda Crackers that crackle as good Soda
t ' Crackers should
UJneeda Biscuit
With meals for meals between meals
(h In dust tight,
Neper told in bulk.
NATIONAL BISCUIT COMPANY
2vJiassssesieSBSsssBBeBSBS
'A
X
: I
iff
Annual. ConTention. of Con
gress Will Be Held To
morrow at Washington.
(Catted Ptms Leased Wire.)
Washington. May 11. At the same
time that President Roosevelt is con
ferring with the governors of thej states
and other prominent men At the White
House on the preservation of the coun
try !s natural resources, another repre
sentative gathering will meet here to
consider an allied subject drainage.
The annual convention of the national
drainage congress begins tomorrow, and
a large attendance is expected. AH the
governors have appointed delegates, and
la boards of trade and commercial or
ganisations of all the large cities will
send representatives.
The subject of drainage will undoubt
edly play an important part in the
White House conference, ana the two
meetings will cooperate In xprnling
the- propaganda of the reclamation of
swamp lands through sclendfl: appli
cation of drainage.
Probably the most Important question
to be discussed at the conference of
governors is that of forest utilisation
and preservation. A mass of data has
been prepared by, the forest servl'.o on
the matter.
President Roosevelt will have a crood
Illustration to help In explaining what
Irrigation means. He can point to five
irrigation projects now under construc
tion. It will be demonstrated at the
conference that these five projects will
give htgh agricultural valui to a total
Of nearly 1,000,000 acres of land: Th
five Irrigation projects re the Milk
and Sun river protests In Montana, the
Shoshone In Wyoming, the Belle Fourche
in soutn uaKota, and tne North rlatte
In Wyoming and Nebraska.
The boast that Irrigation will solve
the problem of floods and spring fresh
ets is not founded on Idle thoory. The
practice of irrigation ia dlrectlv dnnnnrl.
ent upon storage of water. Every ad'
dltlonal dron of water fi'ched from
above the resrular level of a stream and
stored In the irrigation reservoirs means
Digger crops for the irrigated rarnm.
And the reservoirs will take up the vast
volume of water that starts out on a
rampage to spread flood tod destruc
tion, before any damage ran re done.
All of the reservoirs for the five Ir
rigation projects now belnr completed
will exert an effect on the Missouri and
Mississippi rivers. The Big Muddy may
be clarified remarkably, flooding of
southern leveeg Ameliorated, and condi
tions generally improved.
MAY IS UMATILLA'S
MERRY-MAKING MONTH
Pendleton, Or., May 11. The month
of May promises to be one of the
busiest months of the year In Umatilla
county from a standpoint of entertain
ment. Beginning with tne u. K. t M.
farmers' demonstration train, which
will be run through the county May 12,
13 and 14. the remainder of the month
will be crowded with picnics and ex
cursions. ' Following the Itinerary of
the demonstration train will come the
Caledonian picnic at Athena May 22
and 23. The big excursion to the gov
ernment irrigation project at Hermls
ton will be nulled off May 27. and the
Umatilla County Pioneers' association
will hold a three-days' reunion at Wee-
ion, May Z8, za ana so. Tne u. a., h.
will hold a campflre In this city May
it. and the High school and academy
commencement exercises will be held
during the last week of the month.
JUNCTION CITY BOY
FALLS TO HIS DEATH
Bert Trtpp, 11 Years Old, Climbing
Trees With Other Boys, Drops
Sixty Feet.
(Special Dlipatch to Th Journal.)
Junction City, Or., May 11. Bert
Tripp, the 11-year-old son of Mr. and
Mrs. William Tripp, was killed yester
day by falling from the top of k large
tree. A large number of boys were
out In the grove near town climbing
trees. Bert had reached a height or
about to feet. Then lie trusted to a
small limb that gave way. As the re
sult of the unbroken fall to the ground,
one of his legs, three ribs and his
collar-bone were broken and the side
of his head was crushed.
settlers In Touna valley, settling there
about 20 years ago. He leaves oonsld
erablepropsrty. He is survived by four
sons, William A.. Charles EL, Theodore
and Emll, all residents of Touna val
ley. .
DEATH OF PIONEER
OF Y0UNA VALLEY
(Sperlal Dlipatrh to Th Journal.)
Klamath Falls, Or., May 11. August
Flackus, a pioneer In Youna valley, died
at his home near Dairy Thursday morn
ing nt the age of 75 yearn. He was a
native of Oermany. He came to Amer
ica In 1888 and was on of the first
HAGAN'S
Magnolia
Balm
A liquid preparation for the Face, Neck,
Arms ana Hands. Cannot be detected.
oar-
it is neither sticky nor rreasy.
It's harmless, clean and refresh!
Two colors, Pink and White.
Use it morning, noon and night, Sprin
bummer, Fall, Winter. SAMfJUE
I. YON MFG. CO.,
44 South Fifth St., baooKLrn, N T.
Bulletin No. 3
THE TRANSFER SYSTEM. ' f
Before the various consolidations which resulted In the placing
of the etreet railways here nnder one management, transfers were
. Ewen only between lines of the same company. 'The person whose
residence and place of business were upon lines belonging; to the
ame company was fortunate; if this were not the case, it cost
10 cents or more each day to ret down town and the same amount
to return. , . ,- , .
With the consolidation of the companies the transfer system haa
been constantly extended. There are at present 33 transfer points,
while the "privileges of transfer," that u, the number of lines to
which transfers may be had at these points, equal 759. .The num
ber of transfers used by the people of Portland haa constantly in
creased, but actual figures are available only or the past two
years, which are as follows: '
1906 11,827,148. ,
1907 13,230,815. , - - . .
That is to say, about 25 per cent of all passengers) take transfer.
VALUE OF THIS PRIVILEGE IN DOLLARS AND CENTS.
Let us see what this means, first to the Portland pubBc; then
to the company. ...
Without the transfer system it would have cost the people her
about $1,250,000 more than they have paid in the last two year.
This is a maximum figure and assumes that as many people would
have ridden without the transfer privilege aa with it, but cut tbia
figure in two or even three parts, and the saving will atd be
Immense . , 4
Again, if the charge for transfers were 3 cents, aa is the case
for instance in Philadelphia, it would have cost the people 4 this
city over $750,000 in the last two years for transfers alone .
It is often asked what benefit the people received from fhexx.
solidarJon of the street railways. The immense nswla&ibowzkabav
is a complete answer to that question. -
14 MILES 'FOR ONE TRAXSTEXfc ' ; ;"i 1 i
Now let us see what this means to the company,
Twenty-five per cent of all passengers carried ride w trauslpaq
that is to say, the company receives an average of 3$ cents per
passenger. In some .cases you can ride 14 miles on this fare. Out
of this 3 $4 cents the company must pay all taxes, licenses and
operating expenses, keep its portion of the streets m repafa.nnmv
tain its system and pay the interest on its bonded debt.
These figures are convincing. They show two things Plrss.
the advantage to the people and the burden to the compenjr-cf the
transfer privilege; second, the liberal opportunity afforded for Its '
use. " - ,
RESTRICTIONS TO USE OP TRANSFERS,
It is only fair, however, that people should not ride twDcvtbr ;
one fare, and reasonable regulations are necessary to previa! this. -
The regulations provide that the passenger shall ask for a trans
fer at the time of payment of his fare ; also that the transfer shall
not be good on lines returning in the same genera direction, from
which the passenger started.
From the above it will be seen that the only restrictions on the
transfer privilege are such as are necessary for our own protection
to prevent those economically inclined from getting a return trip
at our expense.
No fair-minded man can say that such restrictions are unreason
able. We know, however, that every arrangement is subject to
improvements, and we have men at work constantly studying the
transfer system. . R
It is our business and intention to give you the best streetcar
service thst can be had, and we point to theso figures as proof of
what we have done in this most important particular. What we
ask you to do is to read your transfer.
If it is not good on a certain line, do not blindly censure us;
think out the reason for yourself, and you will find, we hope, that
in every case the reason is not an arbitrary one, but a matter of
necessity tor sen -protection.
i i i.. . . 1 1
UJJ UJJliU M
me Mfcite
- - v;
EARNS LARGE PROFITS
EINTAIUS NO RISK
IS DOUBLY GUARANTEED
CAININOT DEPRECIATE
CASHABLE ON DEMAND
CARRIES A BONUS
INTEREST BEARING
INCOME EARNING
INCREASED VALUATION
The Interest on These Gold Coupon Real Estate Certificates Commenced May 1, 1908, and Is Now Accruing; Payable Semi-Annually
PROFITS This certificate has four earning powers bonus, interest, income and increase
valuation. 1
NO RISK Its principal and interest is held in trust and hence cannot be misapplied or dis
sipated. GUARANTEE-In addition to its funds being invested in Portland Business Real Estate
under a trusteeship, the Standard Trust company of Portland, Oregon, guarantees its prin
cipal and interest without reservation.
NO DEPRECIATION Regardless of what depreciation may occur in the real estate market,
these certificates being guaranteed in principal and interest, will never go below par.
CASHABLE-j-The Standard Trust company will purchase these certificates two years from
their date of issue, paying the principal face value with a 2 per cent bonus and all accrued
interest thereon.
INCOMEOrie half of the net income received from the property held in trust for these
certificates, will be paid to the certificate holders, and available data shows net income should
range from 8 pdr cent to 15 per cent per annum.
INTEREST The interest on these certificates commenced May 1, 1908, payable semi-annually
and is guarant ied absolutejyjaiidcr.a.trustccship.
INCREASE VALUE The increase value of Portland Business Real Estate has been
steady and healthy and easily justifiable. Within the last few years the eastern money inter
ests have fully ealized the many and wonderful resources of Oregon, among which are its
agricultural lan is, its timber and its water-powers, all needing development and exploitation.
These resource must all pay tribute to Portland, and it is easy to reason why Portland bus-
mess property nas wunin me past live years, increased trom 175 to 4UU per cent and it is safe
le next five or ten years will see even a greater increase.
The property purchased and held for these certificates will be so held under
en years and then sold. The certificate holders will receive in addition to the
lhcates and the interest and income oaid on them, one half of the increased
valuation of th property, being the difference between the purchase price, and the selling
price of the property, which can easily be estimated between 200 'per cent and 300 per cent,
for every reason gives evidence that Portland should have between 500,000 and 600,000 pop
ulation within the next ten years;
CONFIDENCE This investment must appeal to all who have confidence in Portland, and
all living in this beautiful and glorious Pacific northwest country must know that Portland
is destined to be its financial and social center.
DENOMINATIONS These certificates are issued in denominations of from $25 upwards,
allowing the small investor the same privilege of profit sharing and an equal advantage of
the large and assured advances of Business Real Estate, as is enjoyed by tht man of great
wealth. Remember, the interest commenced May 1, 1908 and is now accruing.
CERTIFICATES The following will illustrate the sources of income homvirrGol3kj0DUjpa
Real Estate Certificates: & w .
Principal Guaranteed ..Amount Invested.
Interest Guaranteed . ..... ... .4 per cent Annually
Rental Income ...4 per cent Annually
Increase Valuation . . 7 per cent Annually
Profit on Investment should be - 15 per cent Annually '
AND AS MUCH MORE AS THE VALUES INCREASE DURING THE LIFE Of THESE CERTIFICATES
INCREASED VALUES In the above illustration of "Increased Valuation" we haveesti-.
mated less than 150 per cent for ten years, while Portland Business Real Estate has increased
in values during the past six or seven years, from 175 per cent to 4XX) per cent as illustrated
by the following: . " -
to predict that
DIVIDEND
trusteeship for
face of their ce
PROPERTY.
Lot 3, block 64 $33,000
East l2 blk. 43, Couch add. 70,000
Lot 6, N. y2 blk "J" ....
East Y2 blk 313
Lots 5 and 6, N. y2 blk. "I"
blk. 85
T.1 11 C t
Being a total average of over 203
SOLD ASS'D VAL. INC. VAL.
Over 175 per cent
Over 200 per cent
Just 200 per cent
Over 200 per cent
Over 10Q per cent
Over 400 per cent
15,000
25,000
45,000
13,000
$ 81,500
212,500
45,000
87,500
90,750
67,000
per cent.
Comparisons of this-kind can be secured, sufficient to fill many pages. These quotations
simply cover ground values, exclusive of improvements. '""J Li'i'i " " ' -INVITATION
We invite all to call at our office and we will be pleased to enter into full,
detail with them, explaining any subject of this investment which may not at once be clear
and to their full understanding. ' . ' -
ADDRESS Call on or address J
i '-. t : ' ' ' . .V-, -'i ;- :-
CHAMBER OF COMMERCE BUILDING
265-67 STARK STREET PORTLAND, O.IEGO'J
; ; PHONE M 8623 A-1139