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About The Oregon daily journal. (Portland, Or.) 1902-1972 | View Entire Issue (May 7, 1916)
THE OREGON SUNDAY . JOURNAL; PORTLAND, SUNDAY MORNING, MAY I 7. 1916: ETISH OF "LUCK" IS S FINER SAYS VETERAN PROSPECTOR , 6 Johannes Tells of Op portunity for Wealth When f Reason Guides Quest. . V,, f TATE RICH IN METALS rttm wemlae srote inlait Stock Manipulation and TJasetaatUio . Jfethode of Development. , ! Bjr J. G. JohanAes. Oregon lias a great deal of metal of lUalnd scattered and concealed about her Tast territory, and ona wonder omtimes;wny mining p not an in inatry of more Importance. One could M answer the question correctly with out traveling' among the miner and prospectors. . Many will tell you the mining game i a fallacy, that one could only lose money they had lout much. True, many In tha old day did. but It waft- in per cent of the case the fault of their own ge-riclwiuick scheme. In fcplt Of all that successful mining mer. ha4' warned them or, thpy believed In "luck, -and, unfortunately, tha sellers of atocka believed In the same '.htng, and got there first. - 'It ia a pity that men suppcseri to be Intelligent will play a game at a 1000 to one chance on luck, and then blame everything in creation because it didn't pan out. Knocker Ax Verbose. JTou hear of 10 of the knockers, .where you would not get to talk to one successful inventor, for he hn not much to say; he didn't make his money by talk, but by thinking. Two factors ara at present producing a more prom ising situation: ;First, our Increased knowledge of metals and their separation. Second, the mos important, an ln ;vestor sends a competent mining man 'to- look tha property over before he 'risks his money. He may pay out 1100. -but he has the correct information, and tha reports of the men celling stock : wouldn't be worth 10 cents to him in .making hla decision. .Let us consider a prospector out In tha mountains. He finds soma rock and works for months or maybe year to locata tha main body of ore. He lias. had numerous assays and hope was about all he had to work on. It ..cost money to prospect and pros- -pectlng 1 a dead expense. At last h locate the ore body. But even then, little la known, for ha must go through the vein or ledge, "that down, then all over' probably 40 'acres of ground to determine tha ex tent of his discovery. " rail Exploration Heedful. - Money lost in exploration work is no one's fault and ona ehould take lr consideration the possible sain If It. should turn out good. If don cor rectly tha vein is bared, drifted into (hrea or four places and a certain "depth attained. Then tha most im- portant step Is taken. ; A good mining . engineer la aent to i sample, Inspect and compute the-'e-elue Att metal and tonnage In sight. Then he, by careful examination, wlU work out the best known process of extrac tion, cost of mining, -milling and dis position. . If that ts dona .you could not lose. If it had been dona, there would ba no soreheads now, to apeak of. Of course ona must take dishonest stock manipulation into consideration. Cna should examine carefully the ar ticles of incorporation and see that the promoters are not permitted to In vest the capital in any other mines land or opportunity; that they do not install at company's expense machin ery or methods except on a good engi neer's recommendation; that only a modest salary be permitted tha offi cers of the company. The officers should ba stockholders and the draw ing of $10,000 salarlea or commis sions has hurt lota of ventures. Should Avoid Vreeaeouts. Of supreme importance if a major ity of the stockholders shut uowa the mine, provision should be made that any other group of stockholders can take over the property and work It, so that there would be no chance of a "freexeout" - It should be borne in mind that while It may coat but -a few thousand dollars to develop a prospect, it may take 110,000 or J20.0O0 to make a mine. i wouia look with suspicion on a property that the owners incorporated foe a huge sum. They do not need it for working the mine, for It would be a thousand times better to let the mine develop and pay its way. If it could not do this after the plant was In, millions wouldn't help. If the owners could not take their chance with the investor and accept their payment for property outside of the first canh payment to cover Ira provements and Investment on per centage basis of the net returns would let them keep their property. Losers Heedless Usually. The other side isn't bad, for those who have lost have paid no attention to ordinary business precaution. There bhuuid be no loss except in developing a prospect., and generally some poor prospector loses thai as ha is always afraid to quit for fear he might miss the mineral by a foot. There are many prospects in Oregon now that could make good mines, but a prospector who has been in the mountains most of his life needs help to ascertain the extent of his find, and there is really no way for him to gut In touch with capital that is ly lng idle here. He must write to stock trokers who go east, and it is safe to say most of the mines of Oregon are operated on capital from other atates. I wonder if the Chamber 01 Com merce could solve the problem. Why not try to have the bureau of mine keep a list of prospects in the slate, the data and needs concerning them and of possible investors, trying to get them in connection with each oth er. It would do more to put Oregon on the map than building a thousand highways. Wake up, Oregonlans, or you will lose the metal in your own state and you will find Inside of the next ten years that it will be many millions cf dollars. SUNNYSIDE MASONS WILL CELEBRATE GERMAN REPLY TO San Mateo Mansion Robbed by Bandits Caretaker Za Bound, and Gagged, Safe Za Blown and Trio Escape With Xoot Worth gaooo. Ban Ma tec. Cal., May . (P. N. 8.) Three bandit! masked and armed, broke into tha San Mateo mansion of Christian De Oulgne, Ban Francisco millionaire, tortly before midnight, bound and figged the caretaker, i , . ; ; e 111 '" 1 1 " " 1 . -lL . p iii 1 "ami iiiju ai aaaji " m,,m" ".. ? .i,wrm.'mm,..r. 'fT' ' ' F:s. Jf' " " I I i iit.'. it'a ill L Him i. 1 1 I I 1- . ' 1 ' 1 " 1 M (g) &) (4) Hfr9l a-fvl r'VI 'I ' 1 a r-T 'mr Vf i hi " " mn in n i m mtmmmmmmMmmmlmlallmmmJ "nin' i i i l if) ' - - ..J ' J BE HELD SATISFACTORY IS BELIEF IN CAPITAL v Administration. Expected -to Accept Pledges,' Ignoring Any Seeming Conditions. a 1 ' QUALIFICATIONS DENIED to hTiWn written personally by the aaiaer. . it waa aiaiea or u u""-... dose to the president today that he , probably would accept the reply as unconditional assurance by ' Germany that henceforth she will conduct sub marine warfare in strict conformity with the recognlaed rules of naval warfare. It was aaid the president agreed with his adviaers that the new instruc tions of Germany to naval commander are the easence of the reply and that other features of it, both those which yesterday were thought to hint of a condition and others which seemed to reflect en the Impartiality of , the United States will be ignored by Presi dent Wilson. Ho Beply Anticipated. The president Is said to recognise that this government is obliged to ac- marine commanders as her plighted ; ALLItU nANId UUIarlUtN I word to the United States that such j promise must oe taaen in goo a GREATEST STRUGGLE OF WAR IS EXPECTED - SOON, SAYS MAROON Feeling on Continent Is That Psychological Moment for "' Allied Drive Is Here, President Xxpeoted to Aanounee Sed alom to Cabinet Tueeday ; Twstng Stay Confer With Tom Beraurtorf t , First Officers of Sunnjrside Lodge, No. 163, A. F. and A. M. 1, Albert B. Brown, worshipful master; 2, Emmett E. Kller, senior warden; 3, Junius Wright, junior warden; 4, Edw. M. liance, secretary; 5, Ralph G. Percival, treasurer; 6, Clarence C. Stoat, senior deacon; 7, Frederick J. Bernau, junior deacon; 8, Claude H. Lint, senior steward; 0, Lewis M. Snow, junior steward; 10 Joseph G. Hadley, tyler; 11, Chas. W. Kefer, chaplain; 122, H. Earl Baumer, marshal. Thomas McG-rarh. blew open the aae with a charge of nitroglycerine an escaped witli jewelry and silverware valued at IS'tCO. For throe hours after the flight of the robbers MeGratb. tried to free him fcelf from the ropes' wound about his body. When fii.ally he succeeded, he hastened to nciify the police and a posse startt'l down the peninsula in rearch of tha robbers. To Meet in Piedmont. The Piedmont Community clul will hold a public meetlnig .in Piedmont Presbyterian church, Cleveland n venue and Jarret street, Thursday evening, beginning at 7:30. A number of can didates for nomination in the com ing primary have been Invited to speak. Sunnyslde lodge of Masons will cel ebrate the second anniversary of the founding of the lodge, tomorrow night at East Thirty-fourth and East Tarn hill. There will be a' social and re ception held to which all members, brothers, their families and friends are Invited. STORY OF CHAMPOEG RETOLD WITH ARDOR AT ANNUAL REUNION (Continued From Pag One) 1851; J. Johnson, 1846; J. W. Steven son, 1853; J. C. McKay, 1869; John W. Baker, 1853; T. R. A. Sellwootf. 1867; George H. Hln-ca. 1863; Mrs. Katie C Chambers, 1844, Mrs. Alice W. Hayes, 1852; Mrs. E. W. Whitney. 1857; Mrs. jLiaura siaughterback, 164, Amonir the feihool chiMren tvia following f oa Woodmera school: I !1"er.,WDe"tV. lat"r would Washington. May . (I. N, S.) Two Important assurances regard ing the submarine controversy with Germany were forthcoming today. From sources close to the president it was learned that the administration is disposed to accept Germany's pledgea, but to ignore everything In the note that aeems to make them con ditional. At the German embassy it was de nied that any condition 1 attached to Germany's assurances. In view of these statements it is ac cepted as certain that the United I States will consider Germany's reply satisfactory ana mat tne danger or a diplomatic break has pa used. Count von Bernstorff, the German ambassador. deied today that there is any ambiguity or evasion in the German reply. Wording Cans Discussion. A question about, which official Washington has been concerned In the last 24 hours is whether the phrase in the orders to German submarine commanders "in accordance with the general principle of visit and search and the destruction of merchant ves sels recognized by International law," is subject to two constructions. According to the German text there is not the slightest doubt that the only correct interpretation is that the expression "recognized by internation al law" referred to principles of visit and search and not of the character of the merchant vessels. , Instructions Called Clear. The new instructions issued by the German admiralty, it was said, are perfectly clear In the official text. Germany, it was said, had not given the United States assurance In con sideration of the United States com pelling Great Britain to obey the law, but Germany did have the expectation that Great Britain would be held to ob erv International law. Germany, it was said, also had given up retaliation in order to please the United States, although entitled under International law to practice reprisal Ambassador von Bernstorff has not been advised yet by Secretary Lan- dlscuss faith and without question. It is not expected in official cir cles that President Wilaon will order a reply to the German note. . It was Stated at the German embassy that the Berlin note did not require an answer. It was believed probable that after president Wilaon finally an nounced his decision to the cabinet on Tuesday. Secretary Lansing will in vite the ambassador for a conferatuv. If there should, be any queation as to what Germany meant in any por tion of her reply Count von Bernstorff would be requested to explain the doubtful passages. Outcome Hard to Determine, He Says, and Must Be Considered la Ught of German. Aoooxapllsameat. HARDEN DENIES U. S. .VIOLATED NEUTRALITY BY FAVORING ALLIES Julia Spooner. Georgia Ewing, Jennie i aaus wun mm. it is expected tnat Tanner, Phyllis Taylor, Nelda Dren- tb "Mnt wiU consider the German itjpijr .l hcal i uesuriy a meeting before any intimation of this govern- ran, Marie Dewey, Florence Reiser, Thelma MonrL'r, Nellie Boland, Ray mond Leahy, Avere-tt Gillin. Conrad Wolf, Frank Clark. Robert Womack. Alex Smith, t rank Savlnc. V ,LADD E5TATE COMPANY ; II . PB1NCI lAL8 il I1 'I Ladd Thrift Plan 4ft Since the original announcement of the Ladd Estate Company, on March 30th, we have referred constantly in our advertising to a Jinancial aid and home-building plan of unusual merit. No definite details have as yet been published, for the reason that it was the desire of the Ladd interests to test out this plan from every angle, under every condition, and make sure of its complete consistency with good business. Prospective home builders are showing a great eagerness for detailed information as to how this plan can be applied in. their individual cases and wherein it differs from plans we have used in the past The most prominent features of the Ladd Thrift Plan are: 1st. Lower interest rates. 2d. Longer time. 3d. Increase in.percentage of loam 4th. Elimination of loan fees This plan is based on the same schedules as the famous Pratt Thrift Plan of Brooklyn, N..Y.; its special object being to encour age people in the building and owning of their homes by substan tially assisting them in the purchasing of homesites and ; the financing of home construction. TheXadd Thrift Plan will interest EVERY adult in this cityknd many in other cities, for where is the man who does not want some day to give to his family a home of their very own? SELLING RCPRCSCNTATIVCS Sce4 Fieee-Titl d Trwat 614 f as many assembled to meet them. As the steamer came in it was greet ed with a lively tune from the Fern- wood band, composed of boy from a neighboring town, whose services had been secured by subscription of people living in the neighborhood. The band did noble eervlca throughout the cele bration, filling in the interstices In the program with patriotic music. Rain prevented outdoor speech-making, and the exercises were held in a large warehouse, which stands as a memento of the days when Champoeg .was quit an Important river shipping point Judge Peter H. D'Arcy presided, al though ex-Governor T. T. Geer, who used to be known a "the tall sycamore of the Waldo "bills" in the days when he was breaking lance In the lists bf politics, started to speak first. No one knew Why he did this. Such old cronies of hi a Charles B. Moores of Portland and Albert Tozler, who came down from Hood River for the celebration, aaid that he did It to main tain a precedent which he established when he was a very small boy. Moneer Are ludtd. In the apeeche which followed it was freely admitted that there never were finer, braver, more heroic people beneath the bright blue vault of heaven than the Oregon pioneer. The old struggle with privation and hardship was told over again the un written epic of one of the great west ward questings of the Aryan stock. I The old story of the beauty of Ore gon when her cool greenness burst on eyes that hurt with the dust and heat of the great American desert was re told In one of the most beautiful val ley places In the Oregon country, where the new green of the young grain and of the woodland oomea down to meet the "lovely river" that In spired Oregon's poet, 6am Simpson, to sing bis sweetest song. famous Voem Zs Bead. The reading of the poem, "Beautiful Willarrtette," by Judge D'Arcy, was a feature of the program. Among the speakers were: Edward Hi Belknap of Marion county, who said that the Oregon pioneers "performed a service to society that can never be 'repaid;" Mrs. Edith Toxler Weath erred of Salem, who said that if it "hadn't been for what happened at I Champoeg our young men might now ba dying in the trenches;" Charles B. Moores, who, with other speakers, ad vocated a legislative appropriation to build an auditorium at Champoeg; John U. Smith, who told of his pride in Oregon-and his 'hopes for her future; B. B. McFarland. who delivered an oration in. the Chinook jargon, telling of the historic Champoeg meeting from the Indian's viewpoint; T. R. A. Sell wood, who gave aome pioneer reminla censes, and the Rev. Mr. Crocker. Veterans' Quartet Blags. The Veterans quartet of Portland sang several selections, and acted as troubadours on the steamer going and coming. A new song, "The One Behind the Man. Behind the Gun." written by Mrs. Laura B. Downey-Bartlett. was sung by J. Stewart, with a chorus of Mrs. Llla Coleman, Mrs. Georgiana Rand and Mrs. Bartlett. The song is a tribute to mothers, wives and sweet hearts. James Mackay of Portland, whose grandfather, Charles Mackay, war one of the 52 who voted for the United States In '43, was present, and was ln tioduced by Judge EAarcy. The pioneer entitled to write the earliest date after his name of all those present was Newton D. Baker, who came to Oregon in 1842, "when he was very youcg" . Other old timers, were: Jndge George Durham, IHTpE. R,Mc Tarland, 1S62: William D. Jolly: 1847: F. M, Olds, is&2; Alrlna Short Merri- tPw, 1860; AT tU UN. J. E. Knox, CHAMPOEG NOTES Berlin. May 6 (T. P.) The Berlin papers today generally praised the German reply and expressed the hope that it wiU satisfy both President WUlson and the American people. No editorial with adverse criticism ap peared. Into the midst of the newspaper dis cussion. Maximillian' Harden, noted German pacifist. injected another strong defense of President Wilson's stand, closing a bold article in his weekly magaslne with an emphatlo de nial of the charge that the United States had violated neutrality by activ ities favorable to the allies. Harden' editorial, written before any of the German newspapers had commented on the German reply, was evidently for the purpose of fore stalling any adverse criticism of the German government's position or Pres ident Wilson. He roasted unmerci fully the German writers who have attacked President Wilson with shafts of sarcasm, charging them with gross ignorance of Wilson's true character. He paid high tribute to Wilson's lofty motives. The German publio thus far has only one or two brief messages transmitted through English Bources to indicate how the reply waa received by Presi dent Wilson and the American people. These dispatches are optimistic in na ture, but the newspapers, always sus picious of any news first passing through England, are refraining from comment It is understood that the wireless will bring excerpts from American editorial comment to Ger many within a few hours. London, May 6. (I. N. S.) William Marconi, on his return from a six weeks' trip on the continent, durinif which he had air opportunity to get. into touch with the feeling not only 'o : Italy but of the other alliesr aaid h. found the idea prevalent everywhere, that the allies are soon to engage In the most gigantic struggle of the wef. "Since the failure of the German at tack on Verdun." he said, "the feeling i Iw that now Is the psychological mo ' ment for the allien to strike. It must come soon, anil we are llkelv to be In the thick of it before tho summer is over. "What will h the outcome of the effort by the allies is hard to deter mine. It must be considered some what in the light of wht the Ger mans were able to accomplish in their attempt to take Verdun. The German hurled against Verdun the mightiest forces at their command with fearful lOHHPfl. "When the allies begin their effort to drive the Germans from the western front they are bound to suffer heavy losses of men. and a tremendous sup ply of ammunition will be necessary to accomplish anything whatever. . "There la no doutvt that the allies have tho munitions and that the rften at their disposal are equal to the gi gantic undertaking, but whether they will be able to dislodge the Qermana to any appreciable extent is impossible to tell. A spirit of supreme confidence exists in the allied ranks." ments attitude toward the note is conveyed officially to the German embassy. Kaiser Wrote -Hots, Beport. President Wilson is making a care ful study of the note which is said Dinner to Bishop Sumner. A layman's dinner to Bishop Sum- n?? will oe heir! In the or !; room at the Oregon hotel on the evening of May 23. Plates are SI eacVi. Alphabet Is Used to Support Henry Ford Xonf Beach Voter Instead of Ohooeing Candidates Xamed for Delegates In serts Ford' Ham. Los Angela May 6. (V. V.) If TTenry Ford fulls tn recelvo the Re publication non.inatlon, It will not be through lacK of support at Long Beach, Cal., count of the prtmarie re vealed today One voter from the beach city with a choice of -6 perfectly goofl dele gates to any of the party convention, marked 20 delegates of tils own. They began with Henry A. Ford. Henry B. Ford and ended with Henry Z. Ford. Wtien wrltln or lim oo isertlwr. L ?'? mmtlon Thi" Jrinrml. One commentary "on the weather was the example of a small boy who stood as closely as he could against the steamer's boiler while he ate an Ice cream cone. Editor Woodward, of the Newberg Graphic, was "among those present," and was greeted warmly by the aev eral candidates for office who "didn't expect to come until the last minute." J F. E. Osborne, a farmer of the ' Champoeg district, has his name on the Champoeg monument not his name, exactly, but that of his father's cousin. Mr. Edith Tozler Weatherred in vited all pioneers to attend a state Fourth of July celebration in the capital city. She told them to bring their lunches and stay all day. Misses Nellie and Georgiana Faw- ' cett. of Portland, were members cf : a party who spent three hour and a half waiting for the Pomona on the river bank at Wilsonville, where, they went by Oregon Electric. J. R. ri. Sell wood, of Salem, was another who gazed down the river for the same length of time. J. A. Hamer, 71 East Glisan street, who works on the Beaumont car line! lived at Champoeg 14 years ago. He took threo of the girls and two of the boys to the celebration. If he goes next year he will take the rest of the family. The well-filled lunch baskets of Mrs. Fannie Ladd Baker and Mrs. Janey McE. Galbreath were the salvation of at least two famishing scribes who had gone on the excursion without making any. commissary arrangements. Mrs. Josephine De Vere Johnson act ed as interpreter for E. B. McFarland's Chinook oration. That is, she told the newspaper men what it meant, and one of them said It was too rhetorical to get by any copy desk tlfat bad ever handled his stuff. i !iiiininiiiiii!iiiinniiii!i!iiniii!iiiiinii!ii Portland Chamber of Commerce INDUSTRIAL INVESTMENTS BUSINESS OPPORTUNITIES i Portland Delegate j Reaches Lima, Peru i O. V. Clark Bend Oasis Announcing Arrival of Committee oa -West Coast of South America, j W. W. Clark, the sdn of O. M. Clark, I Vice president of the Chamber of Com. merce, who is touring the west coast of South America with the Latin re- , turn-visit committee, has Just re ceived a cable from tils father, dated at Lima, Peru, announcing the safe arrival of the committee at that point and giving indications of a pleasant Journey. This is the first communication sent by Mr. Clark since he left Havana, Cuba, and as he is traveling south faster than the mails come north, but little more is expected to be heard from him until after he reaches the extreme southern point, which will be Valparaiso. Industrial Development Is Needed .Oar Industries Should Be Supported Are you looking for an investment that will be profitable to you and help Portland? Or do you wish to make a business connection and at the same time invest some money? If so, write our Industries and Manufacturers' Bureau. Frequently Manufacturing Concerns apply to us for capital. Some of them are meritorious and deserve the capital they seek. It is of course our desire to render the maximum service for this community oar city. x The Chamber cannot sell stocks, recommend investments, endorse private enter prise or serve as a selling agency for any member, firm or corporation It does desire to bring together, those wanting capital and those having capital par ticularly capital for industrial investment. More than almost Anything else Portland needs indaetrial development! Increased payrolls mean more business for our merchants, stable real estate values and general prosperity. Small industries sometimes grow to a point where they employ many, and are an important part in a city's business fabric. How much better would be the business conditions in our city, at this time, if five to ten per cent of our total wealth were invested in manufacturing enterprise 1 Let us profit by the lessons of the past and turn our thoughts, energy and money, in part at least, to industrial development. A payroll dollar goes farther and does more real good than any other kind of a dollar. Ships and Shops for Portland! Talk factories, ships and shipping with your associates. The needs of the situa tion are obvious. "Are we to go ahead or stand still?" . The Chamber of Commerce) has done much constructive work in the past few months. It has carefully planned to do much more. Your interest your suggestionsyour advice your co-operation are needed. What suggestions have you to offer? On what committee do you wish to serve and at the same dm place self interest . secondary to community betterment? This organization can do more perhaps do all you think it should do if you heip. Santo Domingo Is In Alarming Shape Washington, May . -U. P:) The revolutionary situation , in Santo Do mingo is grave, according to Admiral ; uaperton's report to tne navy depart ment today. He said he was con ferring with high officials but did not official lv indicate that he had landed i 18ET: Sarah E Moores. 1S!7; IL Hlld. i marines from the Prairie. I Portland Chamber of Commerce O.M.CLARK W. F. WOODWARD HENRY L. CORBETT C. C. COLT, President J. C AINSWORTH, Treasurer 'JOHN E. CRONAN, Secretary OEO. E. HARDY, Executive Secretary j Vice-Presidents iiiniM V, J