HART COiiFESSES
HE HAD HAND III
IEIIIIIIIGS MURDER
Pendleton, Aug. 2. - Complicity
In the Jennings murder, near Ban
' croft. ) Idaho, la said ,". to '"; haver been
admitted by Neil Hart during cross
; examination held late Saturday night
. by detectives who took part in the
capture of the five escapes from the
Umatilla- r county Jail , ast Sunday.
Hart's alleged admission of the crime
did not implicate Jim sOwen, the
. officers said. "
v Hart staled that he did not do the klll-
- in in the Jennings case,, but that a con
federate, whom he 'did not name, was
guilty. Officer dd not entirely credit
Hart's confession. - ' - 0
"I meant to kill Baylor and am glad
. of it, Hart ria reported tohave said.'
Hart, Owen and Jack Rathle all were
grilled through moat of the night ,in
their cells. Throughout it all Hart was
arroaant. Rathle broke down and sobb
lUta a child. Owens was implacable until
, he was taken to a Jail window and a
lowed to look fcito the court yard,.where
several hundred curious persons were
gathered. Fear that the mob was there
to lynch him caused Owm to weaken
perceptibly and he talked freely ; there
after. ii : ':. - .' - - - i :" :'
Twice during Saturday night incipient
efforts to get the prisoners were made
py small, unorganised gangs. . .:
JAIL DOOR BHOKEX . :
. The would be lynchers were deterred in
their first attempt Saturday night by the
presence of many women about the court
house. In the early morning hours a
gang broke In - the outer door ' to the
sheriffs office, but was stopped by
Sheriff WJ R. Taylor, brother ef -the man
whose killing the men sought to avenge.
' In a short talk to the lynching party
Taylor declared that hi brother. If he
could speak, would ask them to disperse
and let the law take its course with the
murderers. The little gang,, leader less
and convinced, left the office within a
short tffne. , Three ropes were in evi-
dence.. ; ' ' ,. ." ' ; I - ,
... The visit, of the gang and the grilling
put to them by detectives had a visible
effect on the three held chiefly responsi
ble for;, the murder. They spent a rest
less night and their1 nerve frequently
showed signs Of having been shattered.:
DENT AID IS OITE7T
, Besides checking up on the Idaho mur
der, mystery, officers say they were told
by both Owens and Hart, that they were
unaided during the time they were free
from Jan. 1 All the provisions they carried
they stole, they said.' Several .times they
. asked, for and received food at sheep
camps.. , f .
Owens told his questioners that tney
' did not steal $800 from Indians at the
celebration at Cayuse early In July. I f
"If we had had that much money, we
: never would have stopped, to get' away
with two trunk loads - of - that Indian
: Junk. he said. , i .rrt . ...
No large sum of money was found on
either Owens or Hart They robbed Eu
gene Lyman, whose car. they, used in
making their -get-away from Cayuee,
and this Is believed fo have been the only
money they had. Both-deny that the
money was cached, The, two trunks' of
loot were recoveredv v -
4-' iiart admitted during his examination
thai his father was shot as an outlaw :n
Montana several years ago, He "'says
be is part Cherokee and not a Flathead;
hough "he comes from Montana,
KOT, HALS' BBEES . M"?
O wens 1 frequently interrupted officers
to assert- that be is not a - half breed.
Whenever, he waa addressed aa such he
would reply: I am not a half breed,!
or "there Is not a drop of Indian blood
In me.' If is white skin and his regular
features d not mark him aa of mixed
blood. District Attorney K eater char
acterized him as Justus "Bad Ameri
can," "He lm the brains of the- outfit
and probably led the plot to break Jail:'
Keater aaid. .-" '
No fear that further attempts a HI be
made to lynch the men Is held, by offi
cers. After noon Sunday hundreds of per
rons were alio Wed to pass through tbt
sheriffs office land look through the Cell
door at Hart. Owens and Rathle. Tile
trio was lined! up In front of the door
where. Just a week ago, nfey broke, for
liberty.,. All three looked pale and their
glances were (chiefly downward. The
crowd. - for -the , most part curious,
streamed past for more than three hours.
Anderson and Patterson were not
placed on. exhibition."
. Stevedore Fined $250
Frank Mslley. a stevedore, waa fined
259 Monday taorning. by Federal Judge
Bean when he pleaded guilty to bring
ing sir bottles ! of whiskey tnta the state
on the steamer Rose City. v 1 ;
iv' , - "" -
t'.
.1?
h
THOMAS M EI GH AN
In- : .The
PRINCE
The Picture of Pictures.
Ask any one .who has seen
it-- and ' thousands have
NORDSTROM, ORGANIST
LEGION OFFICERS AND FLOAT
STSMaBasssSjBBasjs ,
v I
'Aft - fVV-
vf ( . i .
,r e&-- V t ' 4 .
, f ' J s- &St S
": ; 1 ! I -S:iA I
IV ft 1 II t
? , -JiHL - tX
w-i mmwUM WV, f ! J
Lp. xa.. ae-.srte s;aQsy.sijisBsafsM ami M lag J lr jftfcj ' -TB)M i:4
- -h 1 Ml i - - - V, 1?
EX-GOVERNOR OF
INDIANA IS KILLED
Dennlson, Ohio, Ana; 2. (U. N.)
J. Frank ; Hanly, former governor
of Indiana; was killed Sunday,fwhen
an atrtwmobile In which he was rid
ing was struck by a Pennsylvania
passenger train. ' i 'i!
The accident happened at a crossing
nve miles east of here. .! 1
Hanly 1 was a prominent nrohtbitlonlsL
In 1916 as waa prohibition candidate for
president.
..v.- I . . . :-, -t -
HANIiY HIGH IX RANKS OF
f PROHTBITIOX ADVOCATES
Indinapolls. Indi: Aug. J.-(U. P.)
Immediaitely - on" learning that her hus
band was killed In in automobile ac
cident i near'; Denniaon; , Ohio, ; Mrs. 7.
Frank Hanly left ; here for- Dennleoiu
: Forme" XJovernor Hanly was a veteran
in politics. He was a, reformer.-lawyer
and statesman..' P.L.rU
He was , born .April 4, 163. near St.
Joseph. l!l. ' He - taught school in his
early. -manhood, then studied law. : He
waa admitted, to the bar. at Wnilamsport,
Ind., in 1889. i He was elected, a member
or tne Indiana state senate In 1891.
From 18&6 to 1897 he Was & member of
cocgressi ' He was elected governor of
Indiana Hn 190. . .
Ex -Oovernor Hanly deserted' the Re
publicani party in 1918. wnen the party
failed to declare 4 for , prohibition. He
then aligned himself with " the prohibi
tionists. 1 He waa known aa a militant
Methodist.
Four Negro Bandits
Rob Bank Messenger
Kansas City, Mo., Aug. 2. (I. Jf. S.)
-Clapping pistols to- his head, four
negro bandits this morning held ud Ten-
nie May, negro messenger of the Troost
Avenue bank, robbed him of $1900 in
cash, $40,000 in checks and escaped in a
motor car.
S e c o n d
And Last
Week
if
lina p .Viiiwrii"',.,,, H
i i vv
1 an t Ha
; Si iiwi 11 if iCi ;
taslelMMllsMW
4 . . :
Above Tlie Daughters of the Amer
ican Hevolution entry in the pat-
rlotle and historical parade given
Saturday in ; Astoria In
honor of
the ptate convention of
the Amer
lean Lgion.
the left ?.
Officers elected: At
S. Gilbert,' Astoria,
the ; new., commander.
Right G
Lane Goodell, Portland
vice com
mander, i Below Edward J. Elv
ers, Portland, reelected adjutant.
LEGION MEMBERS
. Astoria, Aug. 2. Longj streamers
6f fire, bursVagr rockets S mday night
hrougnt the second annual conven
tion of the American legion to : a
close.- THe5 occasion was the "Battle
of the Argonne,' staged at Seaside
by the . Clat3op post as the closing;
feature of the convention. A crowd
estimated at 7000 persons gathered
at 4he old Holladay place to view
the spectacle. i .4 -i ' ,
Over; 100 members of the local post
moved : slowly, across the field as the
barrage proceeded them. T?he men were
attired in full uniforms anil gas nxaska
. Several special features jwere on the
program. Harry Kaley of J Clatsop , post
was ; the chairman Itf charge of the
batuc v. , ;ir: .Mil-"
Sunday noon the delegates to the con
vention went, to Seaside, where the. city
fed them full with clam, chowder made
from clams freshly dug. . JJever before
had the delegates : eaten' Such chowder
and many of them vowedi to return in
the future and do "it all lover I again.
j. R. Hihman, the chairman,, has been
congratulated hundreds of J times for the
program Of entertainment Which 'Astoria
and Clatsop post provided!
B. Lynch Resigns.
Result of Row With
Tresident
Valera
London. Aug. 2. (I. N'.S.) Dlarmid
Lynch, Sinn Fein member j of the British
house of commons and food controller
of the SInft Fein government, has re
signed . from the Sinn : Fein" parliament
at Dublin because of dissensions with
E. te Valera, -president of the Irish
republic," and with Irish-American lead
era, according to a report telegraphed
from Dublin by the Central New today,
Lynch' was elected to the British par
liament at Cork. ; .
Former Portlander :
Dies in tlie South
1.- 1 - -
Hooulam. Wh.. iu r e: -rr.
Hunter, formerly of this llty, and who
doiuou i-iB - roruuia - ror eight years
orlor to nunrinr imm m.-,v . a.
- v . - . ... mil ii. mtr ' Iw
Loa Angeles, la dead In I the California
city, acooraing to word receiTed here
yesterdav. : Death mnuMinv
- - - - - - ; wm VMU'
den. as local relatJvM nn
he waa 111. The deceased la survived
by his -wife and little ( daughter ; his
mother. Mr. R. C Hunter., alster. Miss
I'earU and brothers, Dr. R. F. Hunter
of Hoqulam and -A. W. Hunter of Aber-
uveu. i x am Dooy- wui oe curled in Port-
CLOSE CONVENTION
MALAY OFFERS BIG
OPPORTUNITIES FOR
TRADE, SAYS LOGAN
Innumerable trade opportunities
are open to Pacific coast ports on
the Malay peninsula, according to
statements made Monday by George
L. 'Logan, American' consul at; Pe-
nans, - Strait Settlementt, who ar
rived Sunday to confer with Portland
exporters and merchants and ad
dress members of the Chamber of
Commerce at the j forum meeting
Monday noon. '
Logan has been at Penang, which is
situated about 600. mtlea from 'Singa
pore,' another of-the chief ports of the
Strait Settlements, for. two years and
is enthusiastic over lhe possibilities for
trade in rubber, and tin, as well as other
products. : ' ; .
- "The United States purchases more
goods In the Orient than . it sells," de
clares Logan, "and this is specially true
of British Malaya, where the American
markets have been taking direct : or
through British houses the bulk of rub
ber and tin produced: on the peninsula,
"Now that the war is over and Euro
pean ships are coming Into the field,
strong effort is being made to restore
former trade routes and the custom of
marketing all products through European
brokerage and export and import houses.
- "American rubber interests are strong
ly represented In the- British Malayan
field as producers, buyers and exporters.-
Very , fine work being done in
cooperation between American and Eu
ropean rubber merchants by the Penang
and 1 Singapore Chambers of Commerce
In ' standardizing the grade of rubber.
"There la considerable ard wood and
other suitable, timber on the 'peninsula
for structural and cabinet work,, but for
various reasons this i industry . has not
developed, and there is a considerable
importation of rubber.' The : white ant
and toredo are common pests and at'
tack alh timber. Efforts are being made
to find a process which will make tim
ber immune from ravages of these pests.
" "But the typical construction is rein
forced concrete and brick except for the
bamboo and ' attap used by the poorer
natives. There is considerable demand
for 'structural materials, including Iron
and steel, as building operations have
been ' resumed with , the : conclusion of
war. ' '. )'-- - :. ' ' -
"Two new industries which may be of
Interest to the Pacific coast .have been
started recently. These are the rubber
seed oil and palm oil industries." .
Logan will- remain t in Portland until
Tuesday : evening and will make his
headquarters at the Chamber of Com
merce, where he will meet local manu
facturers! and - Importers and exporters
who are interested n Malaysia.
Eastern Lumberman
Is to Make Hi's Home
In Eastern Or eg; on
Enterprise, Aug. 2. Duvall Jackson,
president of the East Oregon Lumber
comiy, : la . te become a resident of
Oregon. J Recently ' he sold his fine
home in Kansas City, Mo., and will be
come permanent resident of the North
west. . -
for many years Jackson has been a
citisen and business man , of Kansas
City, Mo and was the principal owner
of a string of retail lumber yards that
extended to all parts of Oklahoma and
"Texas, btrrsince establishing the East
Oregon XAimber company at Enterprise
has gradually transferred his business
interests t to this place, and during the
past three years has spent considerable
time here.' ' j ; ;
His sons. W. C. 'and Harold, nave
purchased beautiful homes in Enterprise
and will be closely connected with their
father In the management of .the busl
ness."fVv. c. ." Jackson, who has been a
resident 1 of Portland during the last
year, maintaining an office there for
the purchase of additional stock for
the retail yards of the Jackson Lumber
company, is moving his family to Enter
prise from Portland, - . .
Merchant Saved
From Freezing to
Death I in Icebox
' j; i ' : I ., ' ,i 1 1 - v i ; 'UK;.n
Santa Rosa, Cal., Aug. a. (JJ. P.)
William Stelnbring. 'prominent - Santa
Rosa merchant, was saved from freezing
to death , today by Mrs. Arthur O'Con
nor, who released him from a refrigera
tor inside of which he had been locked
for 60 minutes. v
Stelnbring fell unconscious on the floor
when Mrs. O'Connor,; summoned by faint
cries from within.; the big ice chest,
opened the door.'"'- ' : I ''
He had entered the Ice box, which was
Ipcated In a meat
mark
et he owned.
when no one was in! the Hore. A sud
den gust of wind elammed Jehut-the door
and a spring latch locked securely.
Physicians said that in three minutes
more he would have! died from freeslng
and suffocation. j
County Seeking to '
- War on Thistles
The county commissioners Monday re
quested District Attorney Evans and J.
E. Stansbery, state horticultural inspec
tor, to prepare a bill for introduction at
the next session of the legislature that
will giver Multnomah county authority
adequately to handle the task of eradi
cating patches of Canadian thistle. .
Efficiency
and i '
Low Cost
F.W.Baltes
& Company
Printers "
, - 1 -
. First and Osk Streets .
;.; Mala IIS AntoSII-S
1
Warns Houseo '
Against Buying .
Of Woriny Fruit
warning was Issued Monday by
County Fruit Inspector Walker, that
housewives . watch the quality of
fruit purchases with great care' ta
guard against worms,- - - r - ,
. "The Multnomah . county fruit ln
spector has condemned many ship
ments of early apples on account of
the wormy condition,! said walker, j:
' "One of the worst conditions exist
ing was in stores where customers
exchange the wormy fruit for- gro
ceries. Grocery stores are -warned
j against handling this infected fruit
and losses will follow unless' this
practice is stopped. - . '
i Frult found on the market In the
eounty of Multnomah in an infected
condition will be condemned and de
stroyed. -if , . '
NO TRACE OE
MISSING HERRICK
i Vancouver. Wash., Au. 2.- No
trace haa been found of William V.
Herrick. who hag been mtssln&r since
the middle -of last week. Although
the friends of Herrick are greatly
concerned over his absence, and
search is being made, no results had
been reported this morning. , i
: Although he has been in 111 health
oh account of a nervous breakdown
and is known to have been somewhat
despondent . over ' business troubles,
friends do not believe that he hass com
mitted suicide. . -
FORCE COMPELS . -'T
: CAPTIVES TO TALK
' ( Continued Fna Ps Oat) , .1
less he made a straight statement, no
effort-jwould be made to protect him
from the anger of the mob. - ; t
TISXL1T BREAKfT JOVfJT v - V !
- Under the gruelling treatment Owens
broke down, and made a complete state
ment of his -movements during the days
that followed the Sail. break. , j
, After telling, what he saw In the Jajl,
to which as a photographer he was ad
mftted,: Jones declares that ' the Taylor
slayers "got just what they deserved,
for their domineering, hard-boiled" at
titude. . - ' -r- - ---- - -
Jones did not see the application pt
the- third degree in Hart's case, but He
did see , Hart before and after. His
chih prominent by reason of its weak
ness, Hart cringed from his captors arid
refused to talk.,. His face showed ho
marks of mistreatment i Saturday night,
but. Sunday moaning. When Hart was
taken out of jail to pose- a picture,
his eyes were apparently blackened, his
face was bruised and cut and he looked,
saya Jones, 'like, Jie .had . been drawn
through a knothole." ' : j
GITEIT OJJE BLANKET V'-.: "
'OWen was ordered to. change his' cell
while I waa present," Jones said. I "Ife
attempted to pick, up a roll of blankets
and other stuff he had in the Jail and
someone : halted him, jerked his bundle
away from him and shoved .him away
with one blanket. ' Owen, spent the night
with a single cover :-f - 1
"Hart was denied any. bed covering
except the clothing he wore. I belieye
Hart got the worst treatment, because;
whenhe first talked he told a crooked
story and was caught at it. He couldn't
tell the same story twice, r j
"Owens, though, knew just what' he
was doing and until he had been beaten
into submission, he gave back' tit-for-tat
to the officers.. For every time they
cursed him he swore back at them arid J
if he had not been surrounded by armed
meii he would have added more murder
to his record when they called him j'a
dtirty half breed. That made him very
angry and, at that, he doesn't look at all
like an Indian breed. ', j
OWE5S TEI18 STOUT ' j
"Intimidated by the application of am
monia and the pounding of his head on
the cell bars, Owens told a story that
he repeated throughout without change.
His statement was1 practically accepted
bjrlba authorities -after :he had repeated
it several - times, but Hart's yama were
apparently believed to be untrue, be
cause he couldn't tell the same story
twice.... '
"I believe that If Hart and Owens ape
not convicted of first degree murder.' it
willts,ke a regiment of troops to keep
the lynchers from storming the jaiL' TU
Taylor's brother prevented '; the near
lynching attempted by a crowd of very
young men, on his plea that the law be
allowed to sake its course, but ; if the
law doesn't g far enough, there Will
be a flare-up In Pendleton."
Free Book Offer
Continued This Week
Oet the book on Hygiene ' and
Health. "How to Live" given free to
"want" ad users all this Week. .
-I t
If - you bring a ' "Want" ad to The
Journal any time this week and inf.
tert. it for three or more consecutive
times at a cost of 98 cents or more
you will get the book free. This offer
applies only to ca&h ads. , 'I i
FACTS SO. iU
SOILS and
ROADS!
The Bureau of -Public Roads. De
partment of Agriculture, is investi
gating the relation of different soils
to roads to determine the adapta
bility of certain materials to speci
fied geological formations. From
Canada, Texas,: from the Paclfioito
the Atlantic, roads impervious 1 to
soil or climatic conditions giving the
best el serviee are those paved with
WARRENITE
BITULITHIC
PONZI'SOFFICEl
THRONGED WITH
Boston. Mass., Au. 2--lt. N. a)
Apparently alarmed by ;tha pub
lished chars; that Charles Ponxi was
inaolvant. hundreds of nolo holders
besieged his offices' today j demand
ing their money bacS. The throng
began to' gather -early in Pie alley
and by o'clock the line extended
to Court Square, 'with a squad of po
lice officers keeping order. - -: - ,
N While the office did not open for pay
ments until after 9 o'clock, the employes
who were on hand expressed jthe 'great
est confidence in their 'employer and at
tempted to Instill this confidence into"
the crowd. ' ' i. I . ' . .
, . Charges that he is "unbalanced on one
subject, is hopelessly insolvent, has not
sufficient funds to. meet his botes, has
received no money : from Europe re
cently." were vigorously dented by
Ponsi today. The charges, contained in
a copyright article in a morning news
paper, were written by wuitam M. n
Master, who has been employed as a
publicity man by ronu.
rsonuxs to pat
Ponsi said that to. prove he was
solvent, he would Continue to pay off
the bearers of notes Issued by the Se
curities Exchange company until he had
met all outstanding obligations . i
Ponsi declared the publicity " man's
charges were prompted by revenge' grow
ing out of the disposition of ,2200 which
the financier had given him Ifor Inser
tion of advertising matter; j Suit for
damages may be brought against thoss
responsible for the "unsupported acousa
tions, PoAst ald.-Vv-v-.:i-i.1 t
7 "McMasters' statement that J have not
sent money abroad and that it has not
taken, the course of my system of opera
tions -and returned to this country with
heavy profits, is.: entirely, false." said
T -I have- sent funds' abroad: very re
cently, as my agents could testify, were
I in a position to divulge who they are.
McMasters has no means of knowing
anything about my business. Nobody in
this world to my knowledge knows any
thing about my system of operation, not
even my agents, who have t been in
structed, to make certain transactions.
.."Big Interests have tried and are tryi
ing to circumvent roe, Jut I have beaten
them all thus far and I assure the pub
lic that Vhen- ths controversy is over
my name will be clear and perhaps sev
eral others won't look so nlc." j .
POXZI BESTS AT FIXE HOME
AND THINKS OP POLITICS
IBf Catted ' it.":..-i '
Boston, Mass., Aug. Z. Charles Ponsi.
the wizard of finance, still locking in
his bosom, the secret of the deals where
by he reputed o have made millions
for himself and his clients, is taking a
rest at his mansion in Lexington, after
a 'highly strenuous week with; the three
different representatives of the law who
have tried to trip him up in their inves
tigations? -' ' fcl :.- .-
If Ponxi is confident, that jthe audits
of his books will show nothing Illegal,
his investors -are no less sure of. bis
stability There were only la few tn
Pie alley . Saturday : looking to ' redeem
their notes, and those few who came
were rewarded Jfflth prompt payment in
cash for their claims.
POiai (TILL BUST
Meanwhile, expert accountants of the
firm of Edward I Pride, representing
the United States attorney in their audit
of Ponsl's books, are checking up every
transaction In which the getrlch-qulck
king has engaged since he first began
business last December. , ; j r -
But, while this is going on, Ponsi Is
maktag preparations not only for Open
ing up his business once more, ; but for
branching out into other cities where
there' is money ' to be made! he says,
for himself and his clients, j 1
Search of .the records tn Ponsl's office
discloses a wonderfully efficient system
of bookkeeping. Every investment Is
card Indexed, from an errand boy's 110
to the $26,000 said to have been put up
by a prominent sporting man; 1
As for -Ponsi hnnaeif. be is - without
doubt good an accountant as there
Is in Boston. His offer of aid to the
investigators and his hints to j them dur
ing . the ' present audit show that he
FOR 1 ,
.THE !
REST
OF
THIS
WEEK
t
is
i
I
'
-.-ft
B 1 w f 1 ' it 1 W1W '
uz r. lit -w-fi
WIZARDppNZI
GHARL.ES PONZI, ' Bos
ton dUhwstsher, wh6 in
a few months is said to
have made many millions out
of foreign exchange fluctua
tions. '- ,- r
--iw-p;;;S-;'-t?
V" -
'--i
knows his business to Its finest and
most Intricate details.
"Ponsi." said oaeCf the auditors,
"might - well qualify ., as , an i expert ac
countant himself." is i
- Letters from cranks seeking financial
aid in the marketing of inventions and
ideas, "which would bring us millions,"
are pouring Into the School street, office
with every mall. " v -
The organisation of a foundation to
handle the proposed gifts of millions,
which Ponsi says he is -to mak Jv the
public, is 'progressing rapidly, its de
tails being worked out by Leveronl and
Ballon, two of . his staff of legal ad
visers. - . . $
GIFTS WCMKKOCS '
. Ponsl's gifts to ' worthy charities, ac
cording to his friends, already total
hundreds ef thousands of dollars. But
It will be necessary to build an organ
isation to take care of such gifts in
the future, so clogged has Ponsl's office
become with all kinds of begging letters.
; Politicians-hi the north epd Italian
colony are taking Ponsl's announcement
that he intends to go into politics .serl
Ously. - One of his attendants, Kelice
Marcella, la a candidata for the house
of representatives, and Pons! undoubt
edly will back him to the limit.
Reports that the Italian embassy had
set on foot ah investigation of Ponsl's
foreignexchange dealings in that coun
try failed to perturb the financier. -POSES
FOB MOtWS h ' j . "
' The man X deal with abroad." he
said, v'doea- not dare to reveal my secret
to another soul," ' - ! .. . r
i Ponsi had -two btg events scheduled
for today. One was posing for a New
York motion picture concern, on the
grounds - of his , beautiful Lexington
estate. -The other was a conference with
a mysterious group of bankers, who, ac
cording to reports, "have offered him
$10,000,000 for this buslness., '
' "But he wen't sell, t. one of his -closest
friends declared. 'He's' going to open
up and continue his business himself
next week.'
TWO WEEKS IEFT IN WHICH
; . TO . PROFIT IN EXCHANGE
Portland "people with friends or rela
tives in England have a short two weeks
tO emulate ; the methnda nt Tr,r,r hv
the use of International postal money
oraers in lieu j or reply coupons. After
AUBTUSt IS monev SnlM lanuJ In K-.no.
land and payable in this country will be
cashed here at! the. rate of $4 per pound.
Instead of the present jrate of $4.87.
suppose inajonn smitn were to go
to the United States National bapk and
N
1 1
. (
V
''r ' ' 1 - - . . '
r CR-Fim
MACK SENNETT COMEDY
- Here's the newest from the comedy
kin.r's I joy factory and it's a bear
V it
GREAT SCOTT'
LEAH LEASJCA
; (Leah Cohen)
Portland's
Peerless Prima Donna
and . y
WALLACE
sa
Sick,
ed
aaee tkat starts
I Ititrt Ha
rosr and cads wit a
ew lovers la rlgBt,
With Btbe Daalels as
aarse.
v Next Saturday-'
Yd a; f i fcL rum- . . Maar
c TTw i A A 14
V
DOUC1AS MacLEAN 1 AND DORIS
f f T ' tff.t.!. 11' t
m ac(.a ue raiuignaoie
CABINET ACCEPTS
IRISH MEASURE
WITHQ'UT CHANGE
London. Aug, s. (U. p. The
cabinet toda" approved the-Irish bill
practically as presented. It is ex-
pected to bi introduced tn . purlia- '
ment today. ;; ' '-.-;-.'
The measure,- It is underntooil. sus
pends trial by jury and provides that
offenders shall !be tried by courts
martial In lublln. Premier Lloyd
George considers! It necessary to en
able the government- to cope with the '
Sinn Fein. Some opposition Is expect
ed in parliament but victory for the
bill Is considered Certain. '
' Twenty-two - persons were .killed and
57 were wounded! in fighting in Iruluml
during the month of July. Premier
Lloyd , George declared today in the
house of commons. .'
The killed were 15 policemen, four
soldiers and three civilians. The wound
ed were SO policemen. 23 soldiers n-i
five civilians. j
; He also stated that armed men held
bp the Mlssenhead lighthouse on cVe
Irish coast early j Sunday morning and
removed a large quantity of explosives
used for fog 'signals.
i t '
TALK OF IRISH REPUBLIC
IDLE, 'SA1S LLOYD GEORGE
- London. Aug, 8. (I. H. s.) The
British government Is not prepared to
enter negotiations' with any Irlh f ac-
tlon on the basis of the establishment
of a republics n Ireland, Premier Lloyd
George announced tn the house of com
mons this afternoon.
The premier j declaration came in
reply to a question regarding the re
ported suggestion i of E. de Valera that
Ireland be granted the freedom that
Cuba enjoys. i
buy a draft for 100 pounds on a London
bank, payable to William Jones. At
present exchange rates this draft would
coat about $ 170. Because he is In a
hurry to make money, John would ca
ble the money to (William at a cost of
about 11.60. William would cash the
draft at the London bank, receiving
therefor 100 English pounds. . lie would
go to jthe petal money order office In
London and buy imoney orders to the
value of 100 pounds and mail them to
Smith and when in the course of three
weeks the orders reached Portland,
Smith would take them to the postofflro
here and cash them for $487.
PHOFIT IS OBVIOUS
The profit on this transaction Is ob
vious and the method as simple as buy
ing potatoes at 18 per sack from the
farmer and selling them for 110 t tai-k
to the consumer.! But If John Bmlth
really did such ai thing and It became
.fiown. he would become an "exchano
tfrftfiteer." . "
Oettlng closer home, suppose that
i Smith . should ' buy a draft of a Van- '
couver, B. C.r banjt for llfl.OOO. At tne
present rate of eutgange it would ennt
Htm about $8900. He could send ttie
draft to his Vancouver, a sent to be
cashed and used! to buy loo postoffice
money orders worth 100 each, payalil-?
to Smith at Ibrtland. The fees on the
money orders would amount to$3),
and. this and other expenses deducted,
would leave Smith a profit of $1000 for
two days' Nrbrk.' .
PONZI STARTS S0HETHI3G
Whatever else Tonal may have done.
It 'is certain that .he has. created a pro
found tntrree-t tn foreign , exchange.
Heads of exchange departments in
Portland .banks are fairly pestered to
death wltft inquiries from people who
suddenly have become Obsessed with a
craving for easy money.
A few Portland people have been
making ropney on the fluctuations In
exchange rates during the past year. '
and some .of them have made a fair
living and even j-amassed considerable
fortunes from operations ' covering a,
long period of years. Chioese exr-nange. .
because of its constant fluctuation, has
offeredf a favorite field for Investment,
and the Chinese j themselves are prob
ably the keenest speculators on exchange
In the city. j
iL; -J ..
Train Service Halted
While equipment of the Mount Hood
railway is being overhauled, all paapen
ger train service from Ueod lUver will
be abandoned .except for one train which
will leave Hood JUver at 8 a. m.. ac
cording to advice received by Portland
railway officers, j
1
MAY
IOI1U, : .. .. .. .
WAB&inr brother coajtt