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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (April 18, 1915)
THE OREGON SUNDAY JOURNAL, PORTLAND, ; SUNDAY MORNING, APRIL 18, 1915. ,V FEDERAL BOARD WILL ADOPT PLAN TO KEEP - THE DOLLAR AT VORK New System of Clearing N Bank Balances Reduces t Amount of Idle Cash. TARIFF MEN ARE TOUCHED Manufacturers Arc Bald to Be Con- t tributtng Liberally Toward the I ! Campaign Pund for 1916. fWAKHIJiGTON WREAU Or ,THB . ! JOURNAL.) - - . i Washington, April 17. The federal - reserve board is bound, apparently that there shall be very few dollars doing less than their .share of , Work In the United States. -, To' this' end It is about to put Into effect-a system of Clearing balances between ; the various reserve banks. This is expected to re duce still further the necessity for keeping Idle cash In reserves or mov ing it from one section of the country to another. i I It Is intended, for example, that the Portland district shall get all possible t)se of the money in the district and that the amount of It In .circulation . shall not be lessened by the necessity Jfor maintaining Idle money In reserves r in transit to or from some other ;pistrict. The federal reserve-system already has bettered matters In this Respect to a large degree, and It is hoped the new plan will help still further, on the theory that making it possible to transact business without actually moving money has the effect jot Increasing the usefulness of the dol Jar. Cash Released for Business. JJ'The reorganization of reserve meth ods released a Kreat fund of cash for business in all sections of the country. . The new clearing system is expected o keep money at home where it is 'needed and stop the necessity for spnd "Jng It around the country to meet bal ances. Borne financiers believe that In the long run money transactions be tween the different parts of the United states tend to equalize themselves. If this be true, the new clearing sys tem should make it possible practical- - Jy to end the practice of shipping . money back and forth. If it is not ..Irue, in any event It will reduce the Shipments of money to the minimum. 4 -Here's the way it Is expected to "work: The New York wholesaler sells . bill of goods to the Portland dealer fend the latter has the privilege of . sending the cash to pay the bill but be doesn't exercise the privilege. If Joe did there would be a constant Stream of money flowing from Port land to New York. Also there would be a constant stream flowing the ther way to pay for the Columbia fiver salmon, the Oregon apples, the lumber and other commodities that : New York buys, from Portland. Event ually the accounts would cancel one ' Another, of course, but in the mean time the money would be doing less "ihan it should to make tiniel com "fortable. i Object of Clearance System. - The clearance system is being -perfected to make the cancellation more JClrect. The Portland man and the New JTork man each pays by check and It ?s proposed that there shall be a com- ' ilete clearance of all such checks be tween districts. . m' Every Thursday each reserve bank "will forward to the. reserve board in Washington by wire a statement of its "relations with all the other reserve Jbanks. The board's clearance -department" will proceed to cancel balances iuntll the necessity) for moving much ash will have vanished. L And even then the cash will not be ; Heeded. The new gold supply schema .Will show its value. There simply will be a transfer of credits of the dif ferent banks in the general reserve Xund. 'i So, If San Francisco Portland's re verve center has claims of $1,100,000 lAgalnst New York and New York has -claims of $1,000,000 against San Fran idsco, the books are balanced, net by 'sending $100,000 to San Francisco, but y reducing New York's credit that onuch and increasing San Francisco's. ".And San Francisco, of course, makes -the same arrangement between cities tributary to her reserve bank. Howard Elliott's Suggestion. , Eveir the railroads do not want Pres--ident Wilson to "let business alone!" I. Now comes Howard Elliott, once -president of the Northern Pacific, sug gesting thiB: "Secretary of Transpor tatlon." which, secretary would be the representative of the railroads in the -president's cabinet. ! It's a good guess that a representa tive of the railroads in the cabinet is , .Ja little too much for the railroads to txpect; but the suggestion is mterest ,1ng in showing that where the admin istration has touched business it has tosched it in a constructive, helpful .way. Legitimate business has plenty jet representation in, the cabinet now; . .railroads : are represented as well as ' pother lines, of business. The changes tthat Mr. -Elliott himself has been mak ing In the New Haven road are the kind ito - receive Quick ratification at the 'bands ot the administration. I' For his purely railroad problems, 'President - Elliott should receive the 'deepest sort of sympathy from Secre tary Lane in the next few years. Mr. Xane has the job of administering the affairs of the government's Alaska railroad and he should be able to learn A lot from1 Mr. Elliott. In some re 'speots', his job' la infinitely easier. sHe does not have to undo the work of a lot of financial buccaneers to whom " railroad represented merely a basis ;or stock juggling. Undoubtedly ,many real railroad men look with envy on the task of building the Alaska Railroad for its Just plain railroading, difficult enough to be interesting. , , Tariff Men Are "Touched." , n It Is reported in this city that manu facturers who are not happy without .their benevolent and protective tariff .ave already begun contributing gen erally toward a high tariff campaign nore generously, It is declared, than t any time since the days of the Mc-Jflnley-Hanna campaigns. The money Jls going. It is said, into organisation And literature; another campaign of education is being essayed; , country "edtors are once more receiving the fa miliar sounding doctrine -in the form of plate matter. ; I There probably is some truth in the J-eport, but not a whole truth. Many Vnanufacturera hava learned to operate their business on business ; methods, without the necessity and expense of helpful politicians. These are with holding contributions. ; Possibly the ;new freedom" appeals to them quite as ."much as did the old system. . MEN YOU READ ABOUT III ' u f;f W - ... Photographs by Harris tt Cwlns. Top, left to right Ex-Senator Burton of Ohio, who has started on a South American tour that mar take him also to Australia and the Orient; Senor Don Ignacio Calderon, Bolivia's minister to the United States and dean of the Pan-American diplomatic corps. Bottom Dr. Walter F. Rittman of the government bureau of mines, who has discovered a means of Increasing the output of gas oline from petroleum 200 per cent. MISTAKEN IDEA THAT ALASKA IS NATIONAL BACKYARD IS BEING OVERCOME, DECLARES REDFIELD IN DISCUSSING NORTHERN REGION Secretary of Commerce Outlines Improvements Now Being Conducted Under Government Supervision to Aid in Development! of the Natural Resources Which Abound, (WASHINGTON BUREAU OF THH JOURNALS "Washington, April 17. At the dinner given by Admiral and Mrs. Robert E. Peary, celebrating the sixth anniver sary of the discovery of the North Pole, nearly every speech made dealt with Alaska. It waa Alaska, night, rather than North Pole night. The host himself, and his guest of honor, Secretary of Commerce Redfield, talked of Alaska, and the other guests fol lowed 'their lead; while the guests' ROUTE OF THE NEW ALASKAN RAILROAD FAIRBANKS Map showing the route that will be) followed by the government owned Alaskan railroad between Seward and Fairbanks. a dis tance, of over 400 miles. .The route passes near the Matannska coal fields. The cost of the line iseatimated at f 26,800,000. -.C ' (jf PASS ,J ' - , VI it? J?5EVARD . "1 i apparently were selected from among the Arctic explorers known to be In terested In the great northwest region. Senator Chamberlain being one of the number. A symposium of their remarks on Alaska follows: Admiral Peary "The Roosevelt, the sturdiest Ice fighter afloat today, one of four ships specially built by differ ent nations for th purpose of winning the much coveted polar prize. Is now to begin a new lease of life and useful ness in connection with our magnifi cent Arctic province, Alaska. "Sentiment for the splendid ship that enabled me to realize the dream of my life, admiration for the clear cut executive business ability and methods of my friend. Secretary Red field, and Interest In the present and future development of our enormous Arctic province, Alaska, are the causes which have led to this assemblage of my friends. "The discovery - of the pole Is - now ancient history. We Americans are Interested in the present and the fu ture, but It seemed particularly fit ting that the noble ship should link the past with the future on this par ticular date, and give us the opportu nity, of hearing from the lips of the men who are shaping the work of de veloping Alaska something in regard to their plans and program. Conditions Show Improvement. William C. Redfield, secretary of commerce "As one looks back at the picture of things as they were in Alaska even but two- yeors ago, and as indeed they to some degree still are, though happily on the mendr it affords an excellent example of . the " foolish ness of that so-called economy which allows terrible waste of life and prop erty in avoiding small expenditure. Officers of some of the services here represented; ay, some or you present, were sent to sea In vessels that were both unsafe and unfit for the work. The duties of an empire were handled on s parochial scale, and with instru ments as conspicuously weak and wanting as the men using the instru ments were capable and fine. , A "The shores of Alaska, are littered with wrecks. Many more lives, have been lost therein than the entire force with, which: the government safeguards those dangerous shores, and property has been wasted, needlessly, to cer tainly double the value that was paid for- the) wbole of Alaska itself. The whole discreditable record is one from wUcH at last It has be learned that what is worth doing at -all Is worth dotegr weU. and that wise expenditure Is true economy, x We, however, are facing the. light, pot looking back at the darkness. Congress, which- Is will ing to be fair, and even generous, when It baa Just, cause shown It, and which la rtgbt la demanding that It hall be shown - the cause, has provided ' the mean, aad we are here to speak of their use and their promise as regards our Imperial - possession, in the far northwest. The word Imperial pos session : Is deliberately." used, . though to s political Bense. " . - :'"Osa of the things we have had to learn is that Alaska is not a national back yard. We know now that It Is not a heap of snowdrifts, a land where in accessible mountains vie with inhos pitable glaciers In keeping the hand and mind of man from productive ac tivity. Now we know that Alaska is a great producer and promises to be come a greater one; so much so that he would be bold Indeed who would Mt limits to her possibilities. Oold and coal and other minerals axs there in abundance. Fish . in her waters, lumber from her forests, and foods from her fields are to be had for the taking and the cultivating. While our friends of the Interior department un dertake their noble work of penetrat ing the interior with their railway, we la the department of commerce rejoice that the great Kuskokwin is no longer a "river of doubt and that some hun dreds of miles of its navigable water have, through the efforts-of the coast and geodetic survey last season, been opened to the use of ail comers." Alaska's Resources Untouched. "The climate of southern Alaska has been Compares to the climate of Scot land and the Scandinavian peninsula, white the great elope of country to the north of the Alaskan range, reach log almost, if not Quite, to the Arctic Circle, has been likened to the climate of Alberta, Manitoba and Saskatche wan in Canada. ' "The native population consists of about 28,600 Indians and Eskimos, liv ing principally in scattered villages and hamlets along the 10,000 miles of coast line and along the rivers in the Yukon valley. The white population is not greater than 40,000. and these dwell in towns and villages widely separated. "The .resources are comparatively untouched; yet there has been obtained and put Into the markets of the world products of the value of about $560, 000,000, or almost Si for each acre of the entire territory. One half of this has been derived from the fish and fur bearfng animals, and the other half from metalliferous minerals. What may come from this country In the future taxes the Imagination and would seem to be beyond comprehen- lon- "It Is estimated that there are 50. 000,000 acres of land suitable for stock raising and agricultural homes, while the tundras, or treeless, moss-covered plains of the northwest are quite suf ficient to support 6,000,000 reindeer. Veins of gold have been discovered in nearly every range of mountains, while placer gold has been washed from the gravel of every stream of considerable m&f nitude. The average value of i placer ground, which has been worked. in the United States is 13 cents per cubic yard, while on the average the ground heretofore washed in Alaska has yielded a return of $3.19 per cubic yard. The known coal fields of Alaska, containing various grades of. lignite, bituminous, and anthracite, have been fixed at 50,000 acres, while from geo logical deductions it Is estimated that the coal area is probably not less than 16,000 square r miles. The 20.000,000 acres of valuable forests found in the southeast, and the 80,000,000 acres, of lesser value, in the interior, will add much to the value of Alaskan products and aid in the future development of the country, while the sea will yield a product apparently only measured by the capacity of the fisheries. Dr. Kugh. It. Smith, United States) Commissioner of Fisheries. "The superlative wisdom which lay back of "Seward's Folly" has often been exemplified and extolled. In no way has it been more strikingly shown than In the disclosure of the surpris ingly rich and varied aquatio resources which have made possible the develop ment In Alaska of a fishery industry more valuable than that of any other political division of the United States. "In the 47 years that have elapsed since Alaska became a part of our do main, the waters of that territory have yielded products that have been sold for more than $250,000,000, and the output of each of the last two or three years has exceeded that of any pre vious season. . "Many people are now asking the question: Can the vast- fishery re sources of Alaska continue to be so extensively utilized and at the same time conserved? "It will, I believe, be apparent to every one that the department of com merce, through its bureau of fisheries, faces far more Important responsibil ity In Alaska than the mere enforce ment of laws over 600,000 square miles of territory and along 26,000 miles of coastline. The real duty Imposed on us by law and by implication, the great task- to which it is needful that we devote our best thoughts and en ergies, is (1) the maintenance of those aquatic resources which are now so ex tensively utilized and which have given to Alaska its prominent fishery rank; (2) the popularization of Unappreci ated neglected, and wasted fishery products; (3) the making known of new sources of supply through the dis covery and survey of new fishing grounds. "The preservation of the fur seal and of the other important -warmblooded creatures the walrus, the sea Otter, and the various kinds of whales which pass much of their life beyond our territorial Jurisdiction depends on international cooperation; but the val ue of any of them, or of all of them combined, Is small compared with that of the salmon and other coastwise fishes that are wholly under national control. - .. "I cherish the firm conviction that these fish can 'be maintained without resorting to any herculean perform ances. In fact, the task,' as I see it, seems simple- There must, first of all, be a continuance of federal control, fortified by adequate means, men, and funds. Then, the discretionary powers vested in the secretary -of commerce must. - remain unimpaired. Congress must promptly legislate to meet new or changing conditions as they arise, and. are made known after competent Investigation. Artificial aid to na ture in the way of salmon culture must be continued and Increased, the work to be done. wholly at government ex pense and not partly by private agen cies as at present." Increased Ugntnouse Facilities. George R. Putnam, commissioner f lighthouse?" "The difficulties of carry ing on the lighthouse work In Alaska are considerable; the distances are very great, the tender must go 1400 miles from the depot at Ketchikan to the lighthouses at Unilak Pass, the season for construction . work ' is short and broken by stormy intervals, and there Is difficulty In retaining reliable keep ers and employes. "Important lighthouse work for Alas ka Is now in progresa A first class coast light and fog signal is uder construction ' for Caps . St. Ellas.- an Important landfall for shipping, under an appropriation ' of $115,000, and a small light is already Installed there temporarily; a large gas buoy, equipped with - whistle and submarine bell. Is under construction, to mark, the .reef off this cape. Steps are also being taken to place five other . gas buoys at Important points. These will be the. first gas buoys in Alaska. - "An appropriation of , $250,000 has recently been - made for' a lighthouse tender for Alaska, and plans have al ready been prepared for the largest and best equipped vessel yet built for this work In this country, and bids will be opened this month. In the mean time arrangement has been made for transferring to Alaska a capable sea going tender for service the coming season. A smaller tender for the In side work In southeastern' Alaska Is being built and nearing 'completion. "Work Is In progress for the estab lishment of 26 additional lights v In Alaska during the coming season. The appropriation of $60,000 for aids to navigation In Alaska will permit of still more lights being Installed during this or the next season. "The future development of Alaska undoubtedly will require additional first class coast light stations to mark the principal entrances and prominent coast points; for one of these. Cape Spencer, an estimate already has been submitted. Additional gas buoy will be valuable to shipping, and - more lights will be required In the channels and harbors of southeastern Alaska and the bays where traffic Is develop ing, or where it may develop on ac count of railroad construction. s '-'Much more than half of the general coast line of Alaska is not marked- by any aids to navigation at present, but these coasts, mainly the Aleutian Islands and the shores of Bering sea and the Arctic, are now frequented by so little shipping as to warrant the expense of aids only at certain points, as for Instance the passes Into Bering sea and the vicinity of St. Michael. Malquist Buyer of Grace Apartments Three-Story Building at Twwtrourtn ; and' Jrorthmp old T - ws- aom Slxnpv.a. ' The Grace apartments at the north east corner of Twenty-fourth and Northrup streets, have been fcold to Frank Malquist of this city for $35,00ff by Mrs. Ada L. Simpson. Negotiations were closed yesterday and Malquist will take immediate pos session. The deal was handled by W. S. Paulson and the F. E. Taylor Co., the latter representing Mrs. Simpson. As part exchange, Mrs. Simpson ac cepted a flat at Tenth and Clay streets on a $14,000 valuation, the talance being in cash. The Grace apartments were built four years ago. The building is a" three story frame structure, having a frontage of 65 feet on Northrup street and 100 feet on Twenty-fourth. It contains nine apartments. I I ill LI BELGIAN RED CROSS TO BE. HELPED HERE THROUGH TAG SALE Miss Eva Ancion Enlists 1 00 Women and Girls to Work for Wounded. - FGR ALL VICTIMS OF WAR Mis Henrietta ' railing. Chairman of Belgian Bslisf Organisation to Handle Prooeeds of ale. Next Saturday Is to be tag day In Portland for the Belgian Red Cross.' Som 100 girls and young women will be abroad on the streets to sell tags for the benefit of the wounded and suffering of all nations who are being cared for in Belgium by the Red Cross society. . i . , It is hoped to raise a substantial sum to turn over to' Miss Henrietta Failing, chairman of the Oregon Bel glum Relief organization, the money to be used specifically in temporary medical and hospital work, ' The tag day is the idea of Miss Eva de Verna Ancion, an American of Belgian parentage, now resident in Portland. Mis Ancion wants to do something for her suffering kinfolk and has gone enthusiastically . at the task of staging a successful tag day next Saturday. Miss Ancion ' feels that the little she can do will be some help in alle viating, distressed conditions in Bel gium and has enlisted the assistance of s number of representative Portland women, who take an active interest in philanthropic work. Patronesses for . the tag fund are Miss Henrietta : Failing, Miss Isabelle Gauld. Mrs. J. G. Edwards, Mrs. James Laldlaw, Mrs. Julius Louisson, Mrs. W. Qrelle, Mrs. William MacMaster, Mrs. J. N. Teal. Mrs. ,,G. A. Warren and Miss E." Grelle. Gatens Talks to Grange. ' "Some Problems That Interest Our Citizens' was the subject of a lecture by Circuit Judge Gatens at the regu lar monthly meeting of the Woodlawn Grange last night at Green's hall. East Seventh street and Dekum av enue. W, H. Hj Dufur and Mrs. Frank Peters answered questions from the question box. Vocal and Instrumental music formed the remainder of the program. Prominent Attorney Dies. Chicago. April 17. U. P.)-Adel-bert Culver, 64, prominent Los Angeles attorney, dropped dead in front of the home of his cousin, E. M. Johnson, here late today. ..i0 Nobby ! d5 .LowestFiimal-Gost-:Per-Mile ' Actual tire expense depends on one thing, and just -one thing viz: the finaJ-cost-ger-mile. ' "tfnhhv Tr&aA" Tirpj deliver more miles for less money than world i mmm mm ill HQS are adjusted upon the basis of but the great majority of "Nobby Tread"! users secure vastly more than 5,000 miles, using proper inflation. ' j "Nobby Tread" Tires are today by far the largest selling high-grade anti-skid tires in the world. Portland"' Branch: United States Tire Company 24-26 FIFTH STREET NORTH "NobbyTread" Tires are sold by Leading Made by Largest Rubber (cjnployinff DIAMOND POPULAR Amateur Baseball Players Swamp City With, 'Applications. That amateur baseball is one of the popular little pastimes of .the young men of Portland is shown by the num ber of applications for the- use of municipal - baseball 'diamonds. ITp to noon yesterday 70 applications had been files; with Park Superintendent ConvUl for games scheduled for today. The diamonds will not be in perfect shape for nearly a week yet the paik office la fairly swamped by those who want to use It, Rules and regulations to be followed have been prepared by Superintendent Convlll and these are to bs posted on the various grounds. $3000 in Prizes for Lawns and Gardens City Beautiful Committee Makes Ttosl Arrangements f OS Judging Attractive Borne Surroundings. - Final arrangements are being com pleted by the city beautiful .committee for the Judging of the lawns and gar dens of Portland. More than $3000 will be distributed In prizes during the summer. The judges will make, their first Inspection during the first week in June. !!"-,'. I The chairman of the 106 districts in the city are working hard and en listing much interest. No i garden or lawn will be Judged unless it has been formally entered in the contest. Entry cards can be secured from the chair man of the various districts or at the city beautiful headquarters in the Northwestern Bank building; There will be thres classes in each district, one for plots of ground 60x100 feet or less in size, one for lots great er than -60x100 feet,' and J?or vacant lots. Irrespective of size. . . In the business district i there will be prizes for the store making the most attractive display, J(- In addition to these there will be large prizes for the school houses and yards and for the fire engine houses. All who desire to enter, their places In the contest should file their entry cards with the city beautiful commit tee without delay. No place will be Judged unless it has been properly en tered. I 1 Two Women, Two , Revolvers on Trip Two Horses Carry Them, Too, and They Are Garbed in Men's Clothes on Their Way to Ban rranoisco. Pasadena, CaY, April 17i (U.P.) Attired in men's clothing and carry ing two revolvers, two Women on horseback arrived here today on their way from Coronado to San Fran cisco. ! . 1 . They refused to give their names. It is said that they left Coronado five days ago and are riding to the northern city on a dare. Both are "fiding typi- any other tires in the i Reliable Dealer: Do not accept tubttitntes sites Company in the World r, oo,4v men; WOOD BLOCKS URGED AS RIGHT PAVEMENT FOR COUNTY'S ROADS "Costs a Little More but It ' Lasts Much Longer," Says Thorpe Babcock, HELPS HOME INDUSTRY Prosperity of State Depends Much on Prosperity of Lumbir Business, ! : Zs Assertion. ' ... No that Multnomah county has voted $1,250,000 bonds for paving 70 miles of main highways, Thorpe Bab cock, secretary of the West Coist Lumber Manufacturers' association, says the people should consider lh advantaRes of laying wood block pav lns in the heart of the fir district. "The prosperity of Oregon depends largely on the lumber - industry ," he said today, upon his visit here from Tacoma to attend a meeting of the shingle manufacturers of this district. "The block pavement in u. product of the lumber industry and its use should be encouraged," he said. "When prop erly treated and laid it is the best pavement there Is. . "The wood block pavement costs a little more than other pavement in the first place, but It lasts much longer. It does not ,crumble or disintegrate." . Mr. Babcock particularly urges the use of wood block pavement In the city. He said that in Chicago, Boston. New York and other large cities, it Is being laid in greater amounts every year. "No movement will reduce noise so much as wood block paving," he de clared. "The manager of a large de partment store' in Seattle said be would replace the wood block pavement around his store every three years, if necessary, rather than have brick or concrete pavement. With the lessened nolBe he gets more efficiency out of his clerks and gets more trade." lie said the citizens of Portland should realize the importance of pro moting the Interests of the lumber in dustry and should not- Judge wood block paving with that laid on . the Burnslde bridge, where he said the blocks have been laid without being properly treated and some of the blocks have been laid with the grain of the wood flat Instead of on end. , Some time ago Mr. Babcock wrote a letter to J. N. Teal, calling attention to the manner in which the wood block pavement was being put down on that bridge. Mr. Teal forwarded the let ter to City Commissioner Dleck. cal California mustangs. They spent the night in this city and left at 9 1 o'clock for Glendale. 1 1 1 I r li