The Oregon daily journal., December 29, 1920, Page 2, Image 2

THE " OREGON DAILY , JOU RNAL, PORTLAND, OREGON
WEDNESDAY, DECEMBER ! 29, 11920.
. E.
PROBABLE HEAD
OF NEXT CABINET
By David Ijawrence
(Copyright, 1920. by The Journal)
Washington, Dec. 29. Charles
Evans Hughes will be the next'sec
' retary of state. Governor LowdeTi is
out of the running for secretary of
the treasury and will be given a
foreign post of importance..
Charles Grosvenor Daws or George
M." Reynolds,' both of Chicago, are up
permost in the mind of rresident-elect
Harding for .the secretaryship of the
treasury. :':
Herbert Hoover will be either secre
tary of labor or secretary of the interior,
with the chances in favor of his being
asked fo take the former.
. Harry M. - baugherty will have to de
r cide the question of who is to be attorney
general, for he can have the place if he
wants it, i
" Henry C. Wallace has been asked to
become secretary of agriculture and has
accepted. . , '
AITHOR1TATIVE TIEW8 v
Will Hays will be asked to become
postmaster general.
. The other portfolios secretary of the
navy, secretary of war. secretary of com
merce are not yet decided upon, and
if Hoover js asked to become secretary
. of the interior this would upset calcula
tions of the secretaryship of labor.
The forgoing series of statements have
beerf given the writer by several of the
men who' can be considered as members
of the inner circle in the next admini
stration, v-c -
' Uhey are authority, moreover,, for, the
assertion that General Pershing will not
be asked to be secretary of war, and
they insist with equal positivenes3 that
the published stories concerning Senator
Penrose's unwillingness to let Senator
- Knox- cpsign his seat in the senatebe
cau&e if would lead to the entry of Gov
ernor Kproule as a contender for control
of the Pennsylvania political situation,
are entirely, without foundation, v
1'AfORITKS BAKREO
i .
Penrose Is represented as being will
ing to do anything that Senator Harding
may wish to select a cabinet that will
fulfill the campaign promise to pick able
executives.
renrose Isn't worried about the Penn
HUGHES
sylvania situation. ' Another significant
'fact is that to date Harding has not
asked Senator Knox to come to Marion,
and has not indicated to Knox that he
wants him to become secretary of state.
It is known that Harding has been
thinking seriously of Knox for the secre-
tary of state, and in his heart there is
no man he would rather select. But the
next cabinet 'will not be a group of per
sonal favorites. Harding has felt it his
duty to map out a general policy for his
. administration and then try to get men
to iTtt'that policy.
PICKS IlIS WAT
The conferences of the last few weeks
at Marion have convinced Harding that
he cannot afford to take any extremist
and he fears that Knox's announced
position on foreign affairs is such that
It would be embarrassing for Knox to
: reverse himself or trim his views to suit
the Harding policy. Moreover, Harding
doesn't want to antagonize any groups
In the party , by selecting one who has
been so completely identified with the
"irreconcilable" eroup in the senate. The
unwisdom .of such a course from a po
liti'cal viewpoint has been urged upon
r Harding, though at first he was inclined
to pay no attention to it at all.
JllST CET TOPLINER ,
To select a cabinet that would meet
the expectations of tlnj country; Senator
Harding hps' realized that he must get
; a topliner, a man whose abilities have
been well advertised and in whose
; judgment and Integrity the whole coun
try has . confidence. - It was natural
that, having eliminated Itoot on ac
count, of advanced age,- h should turn
to the man who had made a brilliant
; record as governor of New York and'
who had distinguished himself on the,
i supreme court of the United States and
" who had, furthermore, come within a
i few electoral votes of being elected
. president of the United States himself.
Borah and Johnson supported Hughes
for' the presidency In 1918 and can
PV hardly go back on that fact.
ifughes Is known throughout the
i world as a distinsruished - jurist and
Harding is said to. believe that the
! announcement of Hughes" appointment
i would create confidence everywhere that
i the foreign policy of. the United States
; was in the hands of a man of extraordl
!.. i nary capacity and, fairness.
BEST TIMBER SOUGHT
Kvery report reecived by the writer
; from the men who arein the confidence
e ; of Senator Harding and who are in
' Washington and New York conferring
i on hia behalf with ' the celebrities in
question' indicates that the next cabinet
; will be a much better one than earlier
gossip would Indicate, and while War
f ren Harding has been taking bis time
iftlng.the various aspirants and candl
! dates, he has by no meana fallen victim
i to the purely political temptations which
: are still, a-thwart his path. -
: KKlXiEY GETS HARDING'S V
j. VIEWS OX THE NAVY
i Marion, Ohio. iec. .'24.; Congressman
; Patrick H. Kelley of Michigan, member
of the house naval, affairs committee,
; conferred today with Senator Harding
. f on the possible extent to which the naval
program "will be cilt down- through re
duction of appropriations by the present
; congress. .-. i - i ' , , '
Among other visitors were Victor F
: I.awson, publisher of Chicago: Harry e1
i Hickey, publisher of Cleveland, who has
i Just returned from Geneva, and H B
.. j Stafford, president of the Chicago Llve
l stock Exchange, and a delegation which
; la expected to confer concerning the
. ; appointment of secretaries of agriculture
and interior. .
Start the New Year Right!
by resolving to have your
household purchase Ore
gon products -- and place
your next policy in -
Oregon!
Mrftrir OffirA . corbett
nome umce mu aad
k. U MILLS. Pres. C, S. SAMUEL,
Wilson Declines
$150,000 for One
Newspaper Story
Washington, Dec 29. (I. X. S.)
The enormous sum of $lod,000 in
cash for a single newspaper article
has been refused by President Wil
son, it was learned today. The offer
was made by a well known syndicate,
the only stipulation being that it be
the first article to be? written by the
president after leaving the White
House. The president was to choose
his own subject and the article was
to be of any length that he desired
or if he, wished the subject could be
covered in a series of several ar
ticles. ; -
In refusing the offer, the president
is said to have given as his reason
that no article that he or any other
living being cotjld write could . be
worth so much' money and that It
would be taking advantage of the
syndicate to accept it.
Competition is becoming Very keen
among publishers and promoters for
the handling of the president's lit
erary efforts after March 4. The
White House mail is crowded daily
with offers, schemes and sugges
tions from people who see a fortune
in the market of Mr. Wilson's- pro
spective works and who want to
share It with him.
ZIOIL
(Continued Frm Pim One)
ona Ferrari, chief of staff of General
Cavjglia. Glgante first made the de
mand that regular forces be withdrawn
to thdr original positions. He then
agreed practically to the government's
original demands that Dalmatian Is
lands, Seized' by D'Annunzio, be re
turned to the government, together with
shipping seized by the Flume legion
naires. DECISION" EXPECTED TODAY
Ferrari's demand that the treaty . be
recognized before a permanent peace
was considered was reported to Fiume
authorities with the expectation that a
decision would be reached today. The
procedure today indicated D'Annunxio
himself was weakening In the face of
the advance and perfect discipline of the
regular forces. The legionnaires, with
drawing rapidly before that advance,
fought almost exclusively With hand
grenades and machine guns. Stationed
on the flat tops of stone and brick
buildings, the legi'onnaires hurled their
botnbB at the regulars or sprayed the
advancing parties with machine gun
fire.
REWARD FOR POET
General Cavlglia promised his men at
tractive rewards for ; the capture of
D'Annunzio alive. There was . no hint
that punishment was intended ror the,
poet-conmander, but Cavlglia appeared
interested in taking him and holding
him uninjured.
Regular troops were in strong posi
tion today for another advance should it
be ordered. The troops were flung in a
wide semi-circle about the city. Artil
lery ehould be brought up. and strong
naval support awaited call to 'action.
ETHERIDGE SAYS HE
CANJXPLAIN ALL
(Continued From Page One)
so by J. F. Walker, chief of police in
Minneapolis.
Etheridge said he had made no effort
to hide his past, as he had been,a candi
date for lodge office and bad revealed
his record voluntarily.
WIDOW -LEFT IN DISTRESS
THROUGH BOND HOUSE CRASH
Hood River, Or., Dec. 23. As far as
can be ascertained at present the losses
of investors in this county through the
failure of Morris Brothers, Inc., in Port
land, will total about $10,000. In vir
tually everycase the investor" was of
limited means, and the loss will entail
In one or two cases, actual distress. One
investor, a widow,, who recently lost
her husband, had forwarded nearly
every cent she possessed to Etheridge
for investment in Canadian bonds In the
hope of securing .a return with which to
support her famllyr in another case a
retired pastor, recently sold his ranch
and invested the proceeds in Canadian
bonds and now holds only the receipt
for his money. Etheridge ' was well
known here through his war bond ac
tivities and after he took over the Mor
ris Brothers bond house was able to
use the favorable impression he had cre
ated here on bis visits to his own ad
vantage. VANCOUVER DOCK BONDS TO -
. BE SOLD DIRECT TO PEOPLE
Vancouver, Wash., Dec. 29. That the
wrecking of Morris Bros., Inc., Is having
a favorable effect on the sale jlirect to
investors of the Vancouver dock, bonds
is the opinion of City Clerk Brady. Al
ready, ' he said, inquiries indicate that
the $30,000 block to be sold in th near
future will be fully subscribed. The
boncfc have been ordered in the east and
will be ready for distribution in about
two months. The money will be Used to
construct the first unit of a municipal
dock system. .
Served With Etheridge
Salem, Dec 29. Elmer Sibley, doing
time In the state prison- for forgery, was
a fellow prisoner with John L. Ether
idge, former head of Morris . Brothers'
bond house, Portland, when the latter
was serving a sentence in the New Jer
sey. state prison; according to a state
ment made to prison officials.
D'AIUN
REPORT
DECLARES
iff Insurance Company
JL V oidt 1 Paeifis Kortaw.t
building d-ij
Morrison Portland, Ore.
Gen. Mgr. E. N. STKONO, AssuMgr.
GAS RATE CASE
II
..Attorneys representing the city of
Portland, the Portland Gas & Coke
company and gas coneumeris in the
St. Johns district, filed briefs with
the public service commission at Sa
lem Tuesday afternoon, in the hear
ing recently held here on the appli
cation of ' the gas company for an
increased rate.
Announcement of the finding of -the
public service commission will be made
On or before December 31, According to
Chairman Buchtel of the commission.
The new rate' proposed by the gas com
pany would provide an increase of ap
proximately 45 per cent , in bills paid by
gas consumers, this advance in price be
ing necessary to cover a rise in the price
of cfude oil from TiM cents per barrel
to $2.75 -per barrel, according to of
ficials . of the company.
City Attorney La Roche and his as
sistant, George L. Ranch, oppose the ap
peal for a higher gas rate in their brief
to the public service commission on the
ground that the proposed schedule pro
vides for an entirely new rate structure
in Which an unnecessarily heavy burden
Is placed on the small consumer. .
La Roche also contended that the gen
eral tendency of prices is downward and
that the relief sought by the gas com
pany would be oS a permanent nature.
He contended that if the gas company
was able to get along and pay interest
and- dividends during the period of ex
tremely high labor and material costs it
should be able to meet the increase in the
price or on, effective January 1, with
out appealing to the gas consumers for
help.
John Laing, attorney for the Portland
Gas & Coke company, showed in brief
that the operating expenses of the com
pany would be increased more than 80
per cent by the advance in the price of
oil from which gas is manufactured from
74 cents per barrel to J2.75 per barrel.
LEADBETTER LOSER
SUIT
(Continued From Page On)
tention that at no time was a tender
made for payment of money for the re
turn of the stock to Leadbetter; and
that if such verbal contract as was
claimed did exist it had been abrogated
and discharged by the lapse of time.
TUCKER'S DECISION
In finding for the Pittock estate Judge
Tucker says:
"Parties seeking specific performance
of contracts should bring into court con
tracts specific enough and sufficient to
serve as a foundation for a decree.
' One fact stands out in the rec
ord upon which all agree, namely, that
'Mr. Pittock's word was as good as his
bond' . At this time the court is
fully convinced that the decedent had
great confidence in the business sagacity
of the plaintiff and as a member of the
family treated hln most affectionately ;
however, the conclusion is irresistible
that Mr. Pittock was dissatisfied with
the condition of the joint holdings. He
wanted to get the matter cleared up and
insisted upon a settlement. He
would have been glad to have resold to
plaintiff the stock if he could have real
ized the amount of money invested and
interest.. .
"The entire setting at thi3 time shows
that at best it was a sort of a 'gentle
fr
VlLBEOgED
PITTOCK
Great Values in Our Year-End Sales
Double Green Trading Stamps
Perfume Departmen t
Williams' Iridesca Toilet Water, reg- H(n
ular Jli.OO, special ..... lut
Golf Queen Toilet Water, regular QK
11.50, special , Jut
Phul-Nana Toilet Water, regular rfff
$3,25, special tJjJLsl O
Mary-Powder Bourjois Paris, reSu" QjC
lar Soc", special OOC
12. SO No, 66 Hughes Ideal Hair C-t QC
Brush iDX.OO
Regular 7.00 Hughes Ideal Hair Brush;
composition ivory, genuine bris- fl M QQ
tie; special witOU
50c Pebeco .36c
Air Float Talcum . 10c
Fiber loid Ivory
Reduced,
$2.50 FibeHoid Ivory Tray now $1.25
$4.25 Fiberloid Ivory Tray now. . . . ,$2.35
JS5.00 Fiberloid Ivory Tray now $2.75
6.25 Fiberloid Ivory Tray now. .... .$3.75
$1.00 Talcum Powder Holdef- $ .50
Gilbert's Toys 16 Off
2.5 O Erector, special nOw. $1.25
5.00 Wireless, special now $2.50
$2.50 Nurses, special now $1.25
2.50 Chemistry, special now.. .... .$1.25
.' " - - v -
Shaving Mirrors
25 Off
Plain Mirrors
Magnttyinu Mirrors
Wall Mirrors
Stand Mirrors
Nickel and Silver
Plated Shading Out
fits, complete with
mirror, stand, brush
and cup.
Special 25
$3.49 Casseroles,' now $2.69
Pleated Cretonne Shades, 15c
men's agreement, and had Mr. Pittock
considered it seriously . no doubt there
would have been a characteristic mem
orandum made on page 80 of his jour
nal showing the transaction of April
1, 1910. " ?.v i
Analyzing the exhibits and testimony
still ' further, the court says :
PITTOCK'S WISi DOMINATES
'"AlPlead the court to conclude that
Mr.' PIttock'a wish and will dominated
the entire transaction and that be would
have been pleased to have retrahsferred
the etoclt as a gentlemen's agreement
when he first acquired it, but that tie
plaintiff, not having seen fit to feief
clse it ' within . a reasonable time and
there eing no property susceptible of
being turned into cash to take up the
stock, as -pleaded, the matter was al
lowed and permitted to drift, for
years.
."If such a contract existed, it is un
fortunate that the piaihtlft did not have
some memorahda. It was a duty he
owed the decedent and other interests
that have subsequently attached, and
it was a duty he owed the chancellor
upon whom he might call for the pro-v
tection of his rights.
"To. Bet about to enforce this inco
herent arrangement would impose upon
the court the necessity of finding a "con
tract of April 10, 1910, for the first pur
chase of 2000 shares; the finding of a
contract in ubsequent times for pur
chases of stock; all of the different
transactions embodying different de
tails and different terms. In fact, it
would be asking .the court to, fin a large
measure, establish the cohtractural 'rela
tions between the parties, and, as stated
before, the nature of the remedy sought
precludes . the chancellor from entering
into these fields of uncertainty."
BROKEfMVIUST.EXPLAIN
(Continued From Page One)
ing the latter counsel and advice ffom
time to tifne.
The circumstances which bring Morris
more directly into the present case, if
possible, however, center around the
sudden , resignation of " Etheridge as
president of the company and his flight
from the city.
Etherjdge, after his dramatic confes
sion at the Shrine mee'ting, contended
that he would stay "and fight it out"
and it was not until Thursday of last
week tjiat he suddenly made preparations
to abandon the company and leave Port
land.
Thursday night, after EtheHdge and
Morris had been shaping the transfer of
the Etheridge holdings m the concern to
Morris throughout the day, Morris made
the announcement that Etheridge was
leaving "for an extended rest and vaca
tion" and that he, Morris, had arranged
to go back into the concern, as its active
head, and conduct it.
WHITCOMB DEXIE8 CHARGE
District Attorney. Evans has rectived
word from the authorities at Minne
apolis that Etheridge did not have $75,:
000 in bonds in his possession when ar
rested' there. He did have, however, the
receipt for the $75,000 package which
he expressed to Fred S. Morris from
Tacoma to Portland. In addition he had
coupons, taken-from this batch of bonds.
75 in number and calling for $2187.06.
Receiver Whitcomb has taken active
exception to the charge made at the
meeting of the creditors of Morris
Brothers, held at the library last night,
to the effect that his campaign for state
senator, at the primary election, had
been financed in part by Etheridge. He
stated this morning that the funds for
his campaign were advanced by himself,
Pf. H. C. Flxott, G. G. Joyce and one
or two other close personal friends, and
he denies specifically that Etheridge had
any connection 'with it.
THROAY2T OUT BY ETHERIDGE
Whitcomb says also that R. L. Kron,
now the manager of the Seattle office
of Whitfield, Wrhltcomb & Co., once
ViCT MS SAY BOND
SOc
Every Box of
STATIONERY
in
40
Alarm ClockSpecial
$1A9
Other Clocks Off
A splendid assortment of wonderful values in
Clocks, of mahogany, metal, brass, gilt and
bronze finishes.
Now on Sale i4 Off
Off
AllDEJS STEEKT
did some work, as an employe of his
firm, in checking th amount of bonds
sold by Morris Brothers. During - the
time Morris Brothers, were 'under fire
In connection with the Vale of bOnds to
the state teasurer, the firm of Whitfiejd,
Whitcomb & Co. - had been called to
make . an audit of the books- lor pre
sentation to the grand jury " of Marlon,
courtty. :v.:;. ' :"..
The firm had sent a man down, to
make the audit, and when he was un
able to secure access to the books. Eth
eridge had come into the office and told
the accountant 'to get the hell out of
there or he would throw him out."
EXGAUES LEGAL COVKSEL
Whitcomb states that he had gone
down and had secured a promise from
Etheridge to produce the necessary
books. -
When Etheridge had failed to do this
the firm had stepped out and refused
to accept compensatlork or what work
had been done. - , , -
Whitcomb also announced that he had
retained the legal firm of Griffith, Lel
ter & Allen as attorneys for the re
ceiver, it being his desire "to secure
legal counsel which had ho connection
with any creditor or- anyone concerned
in the liquidation of the bond house in
a ny manner.
It was also stated by the receiver, for
the Information and guidance of all
those holding claims against Morris Bros,
that, under the order of the court, every
bit ofiproperty now in the possession of
the receiver or. that can be secured, be
longing td the company, will be held In
tact un'tft suchHime ae the true owner
ship cart be ascertained and disposal
made by specific direction of the court.
ASKS FOB STATEMESTS
This statement was made for the in
formation of numerous persons who have
bonds or other property ,ln the custody
of the receiver, which they contend can
not be listed s assets of the corpora
tion, having been left there for safe
keeping or in some other manner here
by they could not be thrown into the
general assets.
Such property will be checked out and
distributed by direction of the court
Mr. Whitcomb also desires all persons
having such property to send him de
tailed statements of their individual
holdings, for his assistance in running
down the, ownership for the presentation
to the court.
The auditors have rechecked the out
standing interims and find a divergence
of less than $2000 between their first and
their revised estimates of these totals,
which now stand at $2,163,000 face value,
OWES i BASKS $890,000
With the expeption of some $60,000 of
partial payment contracts this total rep
resents the gross liabilities of the com
pany. f' - '
The managers of the Seattle snd San
Francisco branches of Morris Bros, have
been directed by the receiver to come
to Portland with the books and records
of the branches under toett" direction.
All of the assets in their possession have
been sealed and deposited and are now
in the direct custody of the receiver. -
As the scope of the investigations sur
rounding the wrecked institution broad
ens, it now seems certain that searching
investigation will be made into the facts
surrounding the collateral security held
by creditor banks, in Portland and else
where. Morris Brothers owe Portland banks
some $300,000, while outside lbans total
$175,000 additional.
SEEK-COLLATERAL ' $
All of these loans are secured by col
lateral In the form of bonds, and on a
20 per cent margin. In other words,
bonds to the face value of $570,000, ap
proximately, jire held as collateral se
curity for the $475,000 owed by the bond
house. ;
It is ' the contehtion of attorneys rep
resenting some of the creditors that the
banking houses had knowledge, or, at
least, reasonable ground to believe, that
Morris Brothers was in a -dangerous fi
nancial condition, and that having this
knowledge they put themselves in .pre
ferred position to other creditors when
And Xxtra Stamps
With Thi Coupon
For Your Old
Hot Water Bottle
We will allow you 50c
or your old Hot Water
Bottle or Fountain Syr
inge on the price of a
new one 2.50 and
over.
Metal Hot Water
Bottles $1.69
Extra special for
Thursday and Friday-'
regular 2 Metal Hot
Water Bottles on spe
cial sale, 2i hn
only L3U
We carry a full line of
all kinds of Hot Water
Bans, Fountain Syr
inges and Combination
Hot Water Bags, and
Syringes.
stock
OFF
ATWEST PAE2K.
they loaned money to Etheridge and
secured' themselves.
It is definitely intimated that pro
ceedings will be commenced to strip
tbU collateral trom tbe bank loans,
throw the bonds thus released into the
general assets and thus put the banks
Into the ranks of unsecured creditors, to
share iJro rata in final liquidation. Such
action,' it - is said; will be commenced
late today or tomorrow. - . .
tOAX COMPANY JIKAViKST .
t -,-fs LOSER 12 VANCOUVER 1
Vancouver, WashM- Dec 29. As far
as can yet be determined the Gridiey
Sears Loan company of Vancouver is
the heaviest loser here through the clos
ing of the Morris Brothers house; Thir
teen - separate investments, totalling
$6400, have, been reported. C. C Gridley
holds $1000 of the interim certificates.
A total of three Investments of $2400
are reported for tli Vancouver National
bank. This is the only banking; institu
tion' believed to be affected directly or
indirectly. :. f
Other banks In the county holding in
terim certificatis are : First National
bank, Camas, $1000 : fjtate bank," Camas,
$1100 ; La Center State bank, $3000 ;
First National bank, Camas, $1000.
' Individual losers include.: Mrs. A. L.
Miller, $1600; A. L. Miller. $300 J. H.
DuBack, $500; Lizzie Swetland, $1000;
Mrs. H. L. Stokes, $500; W. L. Miller.
$3100; Mrs. H. L. Stokes, $500 E. M.
Blurock, $2000 ; Judge R. H. Back. $600 ;
Charles DeLong, $500.
ROSEBURG RESIDENTS AMONG
CREDITORS OP fcONTJ HOUSE
noseourg, iwc. z. man nuscuuig
business men and railroad employes re
ported that they had invested In interim
certificates int the Ctty of Edmonton
bonds!" These certificates range in value
from $100 to $1000. The local banks held
no certificates or other unreliable secur
ities with Morris Bros, bond house. The
hanks in ftosebUrsr had been advised of
the condition of the bond house sevePal
days ago, and their clients and all per
sons having dealings through the bank
with this firm were properly protected.
B. F. Skinner, a local capitalist, held
$4000 worth of these interim certificates
which he purchased two weeks ago. Tie
had a hunch that something would nap
ren and so wrote to LaiJd & Tilton of
Portland to secure the bojids or some
thing as stood for these cwctificates, and
in return he received theS.nds Tuesday
morning.
: rf- ' 1
MONTHLY EXPENSES RAN IN
NEiGHBORttOOD OF $30,000
Overhead expenses running to $25,000
or $30,000 per month cut a considerable
figure in the wrecking of the bond busi
ness of Morris Brothers, Inc., according
to E. K. Edmunds, sales manager of the
company. The mailing list of the con
cern contained about 35,000 names, ac
cording to Edmunds, and circular matter
was sent out regularly once a week and
often two or three times In a week.
There were about 40 clerks and minor
officials regularly-employed by the firm
in the office on Stark street and their
payroll averaged $8000 per month, Ed
munds stated. Their employment has
ceased. About half bf the people em
ployed In the local headquarters were
women and girls. Salaries were paid at
the end of .each month, according to Ed
munds, and unless some arrangement Is
made to meet the' payroll fr December
many of the employes will be placed in
an embarrassing position.
Jaeger Not a Holder
Joseph P. Jaeger bf the firm of Jae
ger Brothers, whose name was Included
in the list of holders of receipts for un
delivered securities from Morris Broth
ers, declares that he holds no Interims
"I never held Sn interim certificate and
declined to do so," said he. "I did buy
some of the bonds of Paul. Idaho, and
have them now In my safe. When I
learned thai some of the members of our
organization had accepted interim cer
tificates I advised .them to exchange
them for bonds, which they did.
PBESET THIS COUPOS
' Thursday -or Friday.
December 80 or 31,
- and Secure
JO EXTRA 20
"8. ft H Gfeea
Tradlno- Stamns
' with first II of your
purchase and' DOUBLE
stamps with the balance. .
Leather Department
"LIKLY" Genuine Cowhide Leather Bags,
leather lining; regular 24.po, FJQ
Large assortment. Boston OfTC, (tt
Bags, all sjzes' .... ... .. . . AO VJII
Ladies' Silk Umbrellas, Fancy Handles
All colors regular-$8.75 now Qf pTA
special at ..... JV, ..... DO.Ul
All r colors regular $tl0o - AA
now. special at. .V. ...... . ... . iDAAsUI
Regular $2.00 and $2.75 Coin (J- Qr
Purses, special DU
Large assortment ladies' beautiful .1 f f
Hand Bags 2 VJII
All Desk Set. .ONE-HALF OFF
Large assortment Vanity Bags. 3Q f?t
Regular 0 to"l5 special.... 3OeOU
Assortment Children's Hand Bags. IJK n
Regular t.40. special 01
All "LIKLY' Brief Cases ....25 OFF
Genuine Cowhide Traveling Bajs. PA
Regular 10.00, special. D I 0J
: l ; ; --'.'?
Candies for Less
Cream Mix Candy, special, pound...
Commercial Chocolates, special, lb..
Peanut Butter Cushions, special, lb. .
Fancy Coated Almonds, special.- Ib..
Bunte Happy Home Jars, each......
Candied Figs, special, lb ......... .
Fancy California Black Fig, box. . . .
Fancy California White Flfs, box...
Fancy C!ifornia Assorted Flcs. box.
No. 1 California Entiih Walnuts, lb;
. -29c
. - .39c
. . -39c
. . . 59c
$2.69
...39c
...39c
. . .59c
...49c
..30c
Fancy Boudoir Lamps
These are beautiful Botidolr Lamps in metal,
wood, -and ivory finishes, complete with silk
or parchment shades and arc. .
Extra Value at $5.65
Fancy Pottery and Vases
Reduced Exactly Half, Price
' " - - L
ALGERIA SHAKEN
Paris, Dec 29. (I. NY S.) Por
tlier violent earthquake shocks have
Wiirral Iti Algeria, said advices
from Algeria today.
MORRIS TO BLAME
(Continued From !' One)
Morris Bros, by -working men and women
for investment In Canadian bonds.
At that lime Morris announced Mthfcr
directty or "by necessary Inference that
ne. nad taken over all of the Etherldre
interests in the company, and -was Step
ping into the bUBinees in Etheridge's
piace ana steaa. He intended, he sa d
to put additional capital Into the Dirti
ness and to conduct it on the same con
servative plane as in the days prior to
menage s aavent as its managing head.
WOMAX TAKES HAS!)
Friday morning Morris appeared at
the office of Morris Brothers and took
charge of the business, conducting it
that day, and Saturday. Monday the con
cern failed to open.
What definite arrangement of trans
fer or purchase waa effected between
Etheridge, Mrs. Kthcridge and Morris
has not been disclosed, but it is known
that Mrs. Etheridge indorsed ail of the
stock held by her, which constituted the
great bulk of the outstanding stock of
LJhe company, and delivered the key to the
safety deposit box in- -which it was kept
into the custody of Frtd Morris, It is
also reported that ot.e share of stock
representing a 'qualifying Ehare" was
indorsed to him Hlrectly.
MO Bit IS WOXjHPLAT
After the auaatorsAiad uncovered, the
true condition Wfne" business Morris
seems to have blown cold on the trade
and refused to play, taking tepH to
bring about jthe .bankruptcy proceedings
in such a way that he and his property
was left in the "clear."
Creditors and their attorneys contend
that Morris, having bought a dead horse
of Etheridge, can not now repudiate the
transaction and leave them to hold the
sack, especially in view of the apparent
connection he has had with the Institu
tion all throughout the Etheridge man
agement, y
' LJncoIn's iVlend Dlca
San Antonio, Texas. Dec. 29. I. X.
S.) George W. Brackenridge. 89, mil
lionaire banker and philanthropist, is
dead here today. He was a close friend'
of President Lincoln.
A Knnnlsh concern In msklnr vrn
of paper obtained from eucalyptus
wood.
LIONEL
CRED1
TORS
HOLD
THE MASTER MIND
A Barrymore triufhph
COLUMBIA PICTURE PLAYERS
Vincent Knowlesg- - - - - Director
TODAV; ;
PLAYING!
THIS ENTIRE WEEK
R0SC0E (FATTY)
ARBUCKL
43-
; THE
0UMD.U
II
The world-famous play that has thrilled mors crowds
' than any other drama of the West. i
Flocking with laughter. -, lObJed with action. ' Filmed
amid beauty and grandeur of seen that dwarf any
staga production ever presented.- i.
The Liberty Present Its j
THREE EDUCATED HORSES . j
In a Rodeo of Fun and i
Miuio of
Three Bootleggers
Sentenced by Court
Threw bootleBKerfl pieaded . jruilty :
Tuesday before Federal Judge V Wolv-
ertort and received aenteheea Martin J ,
Jafars, living near the Cedarville school-
house, was sentenced to 60i days In th V
county Jail for manufacturing liquor; K. -j i
Ua'rada. JlBini. livlnor near Qresham. -
was nnea 250 for manufacturing. aKi; f
Joe Capelli,. living: near . jBertha, .was j J
nnea sr&o for making moonshine. - lis ;
waa grivert 2t hours to pay! his-tine. -
a.
aw m St. i - - flT
1M MM . ... - -Wh?.
IV-
.MS . .
THOMPSOVS
Seep Curt Lcsiet
Are Better
tTrtdenurk UcfUUrad)
tHE SIGN OF
PERFECT SERVICE
0
il
.1
Children's Eyes
Need Constant
Watching
d Children frequently, missus
Jl their eyes rinrlng the period
tnry are mn,t,. iusrpiihl to
Injury. I'arent are often to
oe blamed for this rendition.
The normal eye In not
harmed br hard uuir tint
lite growing eye, If defrrtlv
In vtHlon, may be permanently
Impaired by hard nchool work.
3'h only 'safe way It tt
have their even ifmlnii
at -the very firt Indication of
trouble. We will be glad to do
mis iur you.
Complete Less IGrlsslng Fac
tory ob Premise,
SAVE YOUR) EYES
tt'
THOMPSON
OPTICAL INSTITUTE V)
Eyesight Specialists
Portland's Largest, Most
Modern, Best Equipped
Exclusive Opticsl
Establishment .
209-10-11 CORBEJT BLDG. 5
FIFTH AND MORRISON 7r,
Sinca 1908.
BARRY MORE
in
-t-
the West
r . II
- c-