The Oregon daily journal. (Portland, Or.) 1902-1972, November 11, 1908, Page 3, Image 3

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    THE OREGON DAILY JOURNAU PORTLAND. WEDNESDAY - EVENING, NOVEMBER 11, 1908.
WEST NEEDS
NADCE
MONEY
Ninety Per Cent of Bevenues
. Now , Go to ' East and
Abroad, Warns Robert B.
Armstrong Prcscrip
. tion Good for Coast Cities.
(Special Plapatcb to Tbt Journal.)'
Chicago. Nov. 11. Protective me
ures" to ansure the soundness of west
ern Insurance companies and thus an
cpurags and aid . the aound one was
advocated bjr Robert B. Armstrong; for
merly assistant secretary In the treaa
" wry, who wesi the guest of the ways and
x. means commute of tha Chicago Asso
. ''Hatlon " of Commerce today at-, "a
tunoheon. The occasion was In tha na
ure of a "wolcome by the west to him
from Philadelphia Of the Consolidated
Casualty company, a $2.0000,000 com-
?any .of which he is president, and the
irst of the big eastern insurance com
panies to remove - to the heart of the
United States. Mr. Armstrong said:
'Chicago, the. .valve of the heart of
'America, healthy in every other respect
is diseased when it comes to insurance.
There is a leakage of assets here un
worthy the second city of the United
States and the fourth city of the world.
All this great healthy heart the middle
weat that surrounds Chicago on every
aide sends over (400.000,000 each year
to the east and foreign countries for
Insurance. Hardly a drop remains for
the sustenance or Chicago. -
"Of the total insurance premium .of
the. United States almost' $1,000,000,000
annually, to be exact. $825,000,000 In
1 SOT less than 1 per cent waa retained
Irv Chicago, second only to New York
In this country in population. For
which the American people pay la three
years f or insurance they could buy the
city of Chicago as It stands today
railroads, street cars and alL yet less
than the one-hundredth part of this vast
' total cornea' to Chicago Insurance com
panies. .. artw Tom su .mureertruia.
"And yet w wonder why New York
state has three-fifths of all the actual
money in the United States. We wonder
why the west must, worship in Wall
street for euouab money to finance It
dreams' of growth., and greatness.
"The total value of Chicago property
In round figures is 12.600.000,000. The
e'sprts of the gtat life insurance com-
ranles atone of this country amount
o 13,000,000.000. Ninety per cent of
this is concentrated east of the Alle
ghany, mountains. The other 10 per
cent Is scattered throughout the balance
of the country. Chicago's portion is
negligible. It has no great Investing In
stitutions. Milwaukee has one Insur
ance company the assets of which are
moro than 1200,000,000. The biggest
one in Chicago has not 110,000,000 of
assets.
"Chicago, with all Its commercial vir
ility, all its greatness of accomplish
ment, - all Its magnificent supporting
country, has allowed the millions upon
millions of insurance premiums to flow
through it-Howard the east unchecked.
It has deplored the necessity and the
humiliation of having to go back to
those sections of the country and ask
for its insurance premiums to. finance
its railroads and its commerce. 7 ere
is no reason why Chicago - should not
become as preeminent In insurance as
it has In every other line of human
endeavor. The time has ceased when
Chicago men of affairs are exclusively
engaged . In. building individual" monu
ments to trfemselves in packing houses,
mills, factories, lumber yards, and
srreat distributing warehouses of mer
chandise. "Chicago's banks and trust companies
are without question the peer of any
in the world, yet they are essentially
commercial current Institutions. Invest
ing, with them. Is. an incident and not
a practice. Behind these banks and
trust companies of Chicago Ilea no
A GREAT ARTIST
in. the dental line can srlve you ' a set
of beautiful teeth 'Without a plate' if
you nave inree or xour sounateeth
aa a basis to attach his crown and
bridge work. We are artists and
past masters or the art of dentistry
and whether it be filling, brldarina.
crowning or fitting whole plates we
make your mouux iook Deauurui and
natural. r?
Special Rates All This Month
Flexible Flesh-Colored ..'
Plates . . . ... .... .'. . . S10.00
Gold Crown, 22k... $3.50
Bridge Teeth, 22k..... $3.50
Gold Fillings ......... $1.00
Silver FUlings ...50
WHY PAY MORE?
ELECTRO
PAINLESS
DENTISTS
303 Washington St, Cor. 5th
We Give a Ten-Year Written
'; : v . ,.' Guarantee. : , : - -.
Open evenings and Sundays. . " '".
Lady attendant. . '
We keep busydolng good work al
these prices. - We have the latest,
most modern electrical apparatus for
doing painless dental wok. .
1 If, you are nervous1 or have heart
trouble, the Electro Painless Svstem
wlllvdo the work when others 1L
secondary line of financial Institutions,
such as life,- "fire and miscellaneous in
surance companies.' which are found in
New York, Hartford, Des .Moines, De
troit, and a score of smaller cities.
Money is more abundant and more avail
able In such centers. -A constant stream
of dollars Is pouring Into every insur
ance center for permanent Investment
for development purposes, for the assist
ance of banks In time of stress, and is
an additional safeguard and entrench
ment for the credit of the community.
A fcessoa rrom Milwaukee.
"I know of my own knowledge several
cases where, during the .panto of last
year,' insurance companies came to the
aid of banks and sold them securities
acceptable to the United States govern
ment for circulation, taking' pay for
them in other securities equally satis
factory to the Insurance companies but
unavailable for-circulation purposes at
Washington. . Without that, assistance
some of the banks would have gone to
the- wall, damaging the credit of" the
community much more than the private
fortunes of the men back of the banks,
"Much has been said about Chicago's
insurance Institutions. . There, have
been failures but there have been fail
urea in other cities. There have been
wildcats, as there Jtave been wildcats
In other cities, - ' ; :
"Chicago has been Indifferent to the
Insurance business because lt has had
so many other projects requiring activ
ity and attention. , It la my Judgment
that the time, has! now arrived for the
encouragement and- development of In
surance Institutions In Chicago to col
lect, hold, safeguard and Invest a large
portion f4he MOO. 000,000 each year
Invested by the middle west in Insur
ance. One could stand here for a day
and recount the greatness of Chicago
Its bank clearings, tonnage, pre-eminence
of Its grain - and cattle marts.
With those figures you are familiar.
"Chicago has- been so used to doing
things In a big way being predominant
In every line of endeavor; that it .has
-overlooked a great source of strength,
stability and power. , In Milwaukee
many years ago an Insurance company
was moved . to that city. It was wisely
managed and helpfully encouraged and
today JSI.000,008 ,eaoh year la the rev
enue that that- company brings to Mil
waukee. I am hopeful that the same
thing can be done in Chicago. I am
backing my Judgment, because I - am
bringing te this community a company
capitalized for 11,000,000 and an equal
amount of surplus, to do ovefy form of
Insurance except fire and life. There
Vis no -reason why It Should not be of
Denent to ' unicago in a great degree,
and I shall be very much disappointed
if in a reasonable time It does not do
for Chicago what the company referred
to has already done for Milwaukee.
. "There has been and still is a large
Indifference to Institutions of this kind
in Chicago. Insurance lay a technical
question. Men who would not con
sciously do anything to injure a Chi
cago institution of this character an
swer any Inquiries with the terse but
unhappy phrase, "I have no Informa
tion.'' This Is certainly damning with
faint praise, to say the least. On the
other band, the individuals referred to
cannot be blamed. Their statement Is
correct Thevhave no - Information.
They are unwiHTng to give indorsement
to something of which they know noth
ing. To remedy that difficulty and to
enoourage Insurance enterprises to en
ter ann remain In Chicago I suggest
the appointment of an insurance com
mittee ot this body. On that commit
tee, I would suggest, should be repre
sentatives of banking, manufacturing,
law and transportation. That commit
tee should investigate and pass upon
the merits of new enterprises Indorsing
those that are fit and withholding in
dorsements from those that are not, and
be in position to supply any Information
desired about Insurance companies lo
cated in Chicago, and offer all informa
tion - to. companies seeking to locate
here.
"Ten years from today Chicago should
have an annual income frogi insurance
premiums of 1200,000,000."
UNITED DAUGHTERS,
OF CONFEDERACY
(United Frees Leased Wire.)
Atlanta, Oa.,' Nov. 11. The fairest
women of the south are here today to
attend the annual convention of the
United Daughters, of the Confederacy,
which opened a three-days session this
morning. ,.
Mrs. Cornelia Branch Stone, president
of the general division, opened the con
vention. The morning session was
given over to organisation and the ap
pointing of committees. This after
noon is to be taken up with social
events. ,t ... v. :,--'
-. A most elaborate series of entertain
ments has been planned for the guests.
Governor and Mrs. Hoke Smith are to
give a reception to tha. delegates to
night . , . .
The Atlanta Federation dt clubs Is to
hold a special meeting at the Piedmont
Driving clubhouse and a large number
of other functions are planned.
The Robert K. Lee and Jefferson
Davis chapters of the organisation from
San Francisco are represented, as are
many other . western chapters. -
MRS.MKS02T TELLS .
TALE OF CRUELTIES
(United Frees leased WireJ '
Spokane, Wash., Nov. 11. That her
husband has repeatedly threatened to
blow her brains out, that he has often
beaten and choked her, that on one oc
casion he compelled her to. sleep on the
bare floor without any covering, and
that on another occasion in a drunken
frenzy he kicked her- bodily out of
doors, oomposed part of the testimony
given In police court yesterday after
noon by Mrs. Mary C. Larson, wife of
Andrew Larson, brother of the late
Peter Larson, said to have been the
wealthiest man In the northwest
He waa on trial charged with threat
ening to kill his wife and also with
assault and battery. At the conclusion
of the hearing he was put under a $2,000
bond to keep the peace for a year.
Mrs. Larson testified that her hus
band wished to get a divorce that he
might marry a ysynger woman, but she
said she would not permit It
REMARKABLE CASE t . -OF
SKIN-GRAFTING
San Rafael. Cal., Nov. U. -Ten men
called at the Cottage hospital here to
day and of fered to have parte of their
akin removed to be grafted upon the
body ot Phillip Redmond, a railroad en
gineer, who was scalded in a wreck
near Novato last July. The ten fellow
workers, who came to his aid make a
total of 150 who have given skin to the
injured engineer. It Is believed he will
recover ana that his cure will be one of
the most remarkable in the history of
skin grafting.
The Remarkable Will
Of a Doctor
He Leaves the Secret of Life to
His Children and the World.
Ona of the world's greatest physi
cians upon his deathbed called his chil
dren about Jblm and. said; "When I dle
I will leave the secret of life as I have
discovered it in my practice."
When they read his will it directed
them to a safety vault which contained
a large envelope marked thus: "The
Secret of Life." Upon opening It they
read: "Don't abuse the stomach." This
profound thinker after a long "life of
medicine knew the stomach to be the
throne of man.
Stuart's Dyspepsia Tablets will help
you make a stomach healthy. . .
If it Is worn out and lacks the fluids
of digestion these tablets will take the
place of such fluids.
If it Is filled with poisonous juices,
these tablets will neutralize and remove
suoh poison.
If you cannot eat without agony
these tablets -will show you how you
can. If you will eat foolishly, or drink
excessively, or if business demands
abuse of stomach, these tablets after
meals will make such abuse light for
they take the hardship away from the
stomacn. .
They are , great digesters, filled with
more powerful agents than the system
can give. They go back into the blood
after they have digested a meal, thereby
Increasing the ability of nature to take
care of digestion without exhausting
otner organs.
High livers need feel no considerable
hardship if they will eat one of these
little tablets after a rich or late meal.
It Is a, splendid gift to the stomach
and a good habit to form. Stuart's Dys
pepsia Tablets sell for 60c per package
at every drug store.
Send us your name and address and
we will send you a trial package by
mail free. Address F. A. Stuart Co.,
ISO Stuart Bldg., Marshall, Mich.
GUARARIT
EED
SHOES
li"' "U If Within
; Vwcl 60 DAYS
V ' r Should Need 1
Vn V I Repairing 1
XX i L V I We Make I
h FREE OF
I j CHARGE
3
V STORES
G
MM
m
'
INCORPORATED
Agents for Edwin Qapp's Finest Custom Shoes
88 Third St.; OppGhamber 01 Cominerce
DlilDGHJf WILL
BE RESENTENCED
Brutal.: Wife-Killing' Case
c Keopened by. Supreme
; Court's Decision.
' (Special DUpatea to The Journal.
Chehalls, Wash., Nov. 11. Prosecut
ing Attorney TJ. E. Harmon waa noti
fied last night that the supreme court
had affirmed the,, sentenoe of the su
perlor court of this county In the case
of the State vs. Frank O. Bridgbam,
convicted at this place last February of
murder -in the first degree for killing
his wife at Napavlne in November,
i90T. Brtfgman was tried here before
Judge Rice and sentenced to hang, but
after the trial Brtdgham secured, new
attorneys who attacked the case on
two points. One was that the evidence
was not surncient to sustain the ver
dict and the other that the informa
tion on which he was tried was not
good. This was the first conviction in
Lewis county of murder in the first
degree. Brldgham will be resentenced,
as the date of his formr unlnnpn ti,a
passed. His attorneys may petition for
m rturanni ixjiuro juuge KIC, ana it is
optional with the judge whether he will
grant It or not
The crime for which Brldgham was
found guilty occurred at Dittmar &
Springsteen's sawmill, two miles from
Napavine. There had been trouble in
the family for some time, and on the
day of the murder there had been words
between the husband and wife. Brldg
ham wanted his wife to go out doors
and talk their affairs over, but his
wife, knowing that he carried a re
volver, was afraid of him, and refused
to accede to his wishes. While trying
to get away from him In the house, as
she was passing into another room,
Brldgham shot her In the back with a
,44 revolver, the ball passing entirely
through the body. Mrs. Brldgham lin
gered several days in a hospital at
Centralist and before her death made
an ante-mortem statement in which she
accused ner nusDana or shooting her,
and detailed the facts that led up to
the crime. When the case was given
to the Jury they -were out only 16
minutes, and brought in a verdict of
murder in the first degree.
GOVEMOK MEAD
TO AID COSGgOVE
, (UnltwJ Proa Laud Wlre.V
Pomeroy, Wash., Nov. 11. dovernor
elect Cosgrove expects to leave Friday
for California for the benefit of his
health. At a conference yesterday aft
ernoon Cosa-rove and Governor Mead
came to an understanding regarding the
next administration, (josgrove receives,
the assurance of Governor Mead that
the latter would do everything possible
to carry out the governor-elect's poli
cies. In leaving," Governor Mead said
he felt sure of Cosgrove's recovery, but
evaded answering the question if he
would continue as chief executive of
the state provided Mr. Cosgrove did not
return In time to be Inaugurated. -
AMUNDSEN TOLL GO
ON LONG VOYAGE
(United Press Lease Wfre.T
Christiana, Nov. It. Captain Raold
Amundsen Is maklns; preparations for
another lecture tour to obtain funds
for an expedition in search .of the north
pole. ,
He finished his lectures here last
night with a talk before the king and
other distinguished men at the Royal
Geographical society and he outlined
his plans for starting the polar expe
dition, for the first time. Captain
Amundsen will start from San Fran
cisco early in 1910 on the Frara, which
will be equipped for a seven years' voy
age. He plans to fasten his ship in
the Ice northwest of Point Barrow, the
most northerly point of Alaska. He
nopes to ami irom mere 10 tne norm
pole.
Birthday of Italy's King.
(Special Dispatch to The Journal.) ;
Rome. Nov. 11. Kins: Victor Kni-
manuel entered upon his fortieth year
today and the anniversary of his birth
was observed' throughout the country
with (rreat enthusiasm. Nettrly every
Souse in ne city is aecoraiea wun me
stTonal flag, pictures of the king and
the royal family, and great crowds sur
round the Qulrlnal to catch, if possible,
a glimpse of the king when he starts
on his dally automobile ride. During
the morning a diplomatic! reception was
held at the Qulrlnal, on which occa
sion the diplomatic representatives of
the various oountrles represented at the
Italian court, congratulated the king in
behalf of their governments.
Antl-Vivisection Concert.
(Special Dispatch to Tl Journal.)
New Tork, Nov. 11. -So numerous
were the offers of prominent singers
and musicians to contribute their serv
ices to the concert under the auspices
of the New Tork Anti-Vivisection so
ciety at the Waldorf-Astoria tonight
that many of the offers had to be de
clined with thanks. Everything indi
cates that the concert will be a great
artistic- and financial success. Among
those who will appear on the pro
gram are Mme. Emma Fames, the prima
donna, and Albert Spalding; the young
American violinist ,,t.
Freight Subway Project. 4
New Tork. Nov. 11. The nubllo serv
ice commission ' held a hearing today
concerning the plan of William J. Wil
gus for affreight subway to run un
der the marginal streets on the water
front of Manhattan. The plan also
contemplates the construction of branch
lines under - the cnler streets or the
commercial district, k submarine tunnel
to . Jersey, and a great freight yard
there, where freight will be sorted and
dispatched through the tunnels direct to
the premises of the consignee. The
Froject. If carried out would cost about
100.000,000.
if .
cossxTMpnoar statistics.
Prove that a neglected cold or cough
?uts the lungs in so bad a condition
hat consumption germs find a fertile
field for fastening on one. Stop the
cough just as soon as It appears with
Ballard's Horehound Syrup. Soothes
the torn and inflamed tissues and
makes you well again.
Iff!.
THE TOWNSITE
With a Future
Sa
el
Sale!
Another Big Sensation for the Ladies
of Portland -
he-Uoiversffll'S
(Scaly, Mason & Co.'s Old Corner) Fourth and Morrison Sts.
THREE DAY SALE
Ladies'
Suits and
Coats
We place on sale tomorrow for
Thursday, Friday and Saturday
only the first arrivals of a spe
cial $3000 Purchase sent
West purposely for a
proposed exclusive
Washington St. Store
It is needless to go into detail
over these garments. Just pass
our store at Fourth and Morrison
this evening and you will quickly
realize that tomorrow you will
have an opportunity to purchase
EXCLUSIVE COATS AND
SUITS of the very best material
and most recent fashions at posi
tively One Half
Priceand Less
Reg, $7.50 Silk Petti
coats at
s
Just Think Of It
$75 Suits
$24.9
These Suits and Coats are posi
tively superior to any you have
seen in Portland this season for
double the price. They were not
bought with the intention of.
being sold at such ridiculous
prices, having1 been purchased for
an exclusive Washington street
location. Every late effect and
all the stylish colors and materi- v
als are wonderfully well displayed
among this collection that will
startle the fair sex for the next
THREE DAYS.
$60 Goats I
1 i n
$243
Included in the. assortment are
the popular Empire,' Napoleon
and Directoire styles.v -
$35.00 Suits and Coats;. $14.95 j
$25.00 to $30.00 Suits and
. Coats v k :.-- v. . : 11 .0 ."!
SPECIAL r.
$7io '"SflW- Petticoat?,. . . ..rri.cr,
$3.00 Net Waists. .. .... U'U '
$$.00, Net Wais....,....::