VOL. V.
THE DAJLLES. OREGON, WEDNESDAY, JANUARY 11, 1893.
NO. 22.
.-,
nn
ackintoslte
A. M . WILLI A M S & CGI
COLUMBIA
CANDY FACTORY
Campbell Bros. Proprs
(Swasan to J. fl. Crsa.)
Manufacturers of the flnaa French and
Home Made
CA--T D I B S ,
Kaat of Portland.
-DEALBBS IM-
Trraical Fruits, Nats, Cigars and Tebaccfc
.
Can faroiah any of thata rood at Who! wain
or Retail
CfFRHSH -4- OYSTHHS-W-
la Kverr Stylo-
tea Cream and Soda Water.
104 Second Street. The uIee- Or
W. E. GARRETSOII.
Leading Jeweler.
SOLB AOINT FOB THI
All Watch Work Warranted.
Je-welry Made to Order.
1SS Second St.. Tbo Dalle. Or.
CC1. H- Young,
General B laekami th in g and, Work done
promptly, and all work
' ; Guaranteed. .
Horse Shoeing a" Speciality
TM Street, opposite ttie old Lieoe Stand.
W. . WISKMAJf.
trie. UAKDIB8.
tfliseman & Warders,
Saloon - and Wine Room;
. The Dalles, - Oregon.
SX Northwest corner of Second and
twrt Streets. ... .
t. 8- BOHStrCX,
Preaident. '
a. u. bmau.
Cashier.
first flational Bank.
t'HB DALLES. -
OREGON
A General Banking Basin ess transacted
Deposit received, subject to Sight
Draft or Check. '
Collections made and proceeds promptly
remitted on day of collection.
Sight and Telegraphic Exchange sold on
New York, San Francisco and. Port
land. ..
DI REOTOH3.
D. P. Thompson. Jko. S. Schkncx.
Eo. M. Williams, Gxo. A. Likbc.
- H. M. Bsaxl.
FREHcp & CO.,
BANKERS.
TRANSACT A GKNKEAi. BANKINCJ BCJSXNBS8
Letters of Credit issued available in he
Eastern States, V
Sight' Exchange and 'Telegraphic
Transfers sold on New York, Chicago, St.
Louis, San Francisco, Portland Oregon,
Seattle 'Wash., and various points in Or
egon and Washington. :
Collections made at all points on fav
orable terms.
- . , --',, :
FaghioiiablB Dpegg
Press-Making Parlors
Gutting and Fitting a Specialty.
Room 4 over French & Co's Bank.
iii O.
DOMESTIC
Aae KEY WEST
CIGARS. ,
: FRENCH'S
m SECOND STREET, :
l FljilEWlMEg ani llEiUq,,,
j .if ; -
THE DALLES :
Rational it Bank,
Of DALLES CITY, OR!
President - -Vice-President,
Cashier, - -
- Z. F. Moody
Chabxis Hiltoh
M. A. Moodt
General Banking Business Transacted.
Sight Exchanges Sold on
NEW YORK,
SAN FRANCISCO,
v; ...CHICAGO . ,
- and PORTLAND, OR.
Collections made on favorable terms
at all accessible points.
GENTLEMEN!
BEFORE YOU ORDER GOODS OF
. ANY KIND IN THE FURNISH
ING LINE,
H aet -See me
Shirts of all kinds to order, at
pnees which defy competition. , Other
goods in proportion. P. FAGAN,
i - Second st.. The Dalles.
Sole Agent for WANNAMAKER A BBOWK,
, : Philadelphia, Pa
.... . i
and
MRS. GIBSON, Prop.
MACK,
THE
CELEBRATED
x PABST BEER.
BLOCK.
: , THE DALLES, OR.
WALL STREET FLURRY
Maflj Causes Precipitated tit Escsnt
1 Beep in Stoctot::
' '. 5. -'
GOLD EXPORTS, DEEPENS THE GDLF
Discriminati'oas ' Agarff lodNsttial
TBI CNOSKTAIM TARIFF rOUOT.
Taa Watokf SMk Trut wa. th atatab
Bpeelalte Taa eiuiuu.l
Naw Yobk, Jan. II. Discussing the
recent flurry, on - Wall, street, a broker
with very keen insight into ,. the full
knowledge of the conditions and causes,
says manyrather than one cause 'pre
cipitated the deeline in the price of
stocks which is the true barometer of all
trade. .The'," engagement of 'nearly $6,
000,000 of gold for export following upon
previous heavy shipments operated to
cast a shadow of apprehension. The
possibility of continued exports of the
basis of our earrency deepened -an al
ready uneasy feeling. Added to this
was the failure of .the silver conference
for the present and the discouraging out
look for the future. . These two condi
tions suggested, if they did not. actually
foreshadow, a contraction of the volume
of currency, -
There was a discrimination of money
lenders against industrial certificates as
collateral. ' This was perhaps due to
the uncertain tariff poliey of the incom
ing democratic administration. Thisjteo?
dency was without doubt increased, by
the fact that monetary conditions
forced a discrimination againBt some
securities j)f impaired value, " panic, was
in the air. The immediate precipitating
cauae, the mach applied to the powder,
is not conclusively shown by anything
that has developed. But indications
seem to point to the whisky trust stock,
which fell with the first break in the in
secure and already tottering market.
A great effort had been made to boom
whisky-trust stock. It had been forced
from forty-five to seventy-two. The
entire distillery product of the country
had been bought up and cornered. A
belief that the tariff would be reduced
and the revenue would be recouped by
an increase of . the tax on whisky was
fanned into a rosy confidence. The rise
of the trust stock made, fortunes ' for
those managing the deal. -To hold on
meant to await legitimate returns upon
the actual investments in whisky. To
sell meant to secure at once what in the
end might not be secured. It is fortu
nate for the legitimate holders of stocks
that these prices in Wall street do not
signify much of anything concerning the
real values. - Railroad . stocks, and, in
deed, all legitimate stocks, will hot be
impaired in their earning capacity.
The flurry is a disagreement between
the overhopefal borrower and the always
apprehensive lender of. money. - In due
course of time these disturbed condi
tions will readjust themselves generally
approximately - as they -were before.
Some ..stocks- may have got an airing
that .will lower their price - materially.
Many other stocks will settle back to
their former figures or thereabouts.
Some gentlemen who. were on top will
be bumbled, and those who were humble
will l exalted.. The ups and downs of
Wall street fortunately do not carry the
rest of mankind with. .them:
Another Wbaek at tU
Review. It is given out .from Wash
ington that Mr. Cleveland will not call
an extra 'session of the legislature unless
there should be a deficit in the treasury
after the democracy, has come into
power. In view of the fact that the de
mocracy has beeh giving the .country a
great song and dance as to, their purpose
to bring : about speedy ; retrenchment,
this is an'-amazing confession. One
hearkening to their claims the past two
years, would naturally think that even if
they should find a slight deficit the re
forms which they intend to put in mo
tion would soon convert it into a snrplus.
No we are told that an ' extra session of
congress will be required. That is, the
way to retrench is to give the billion
dollar bouse another whack at the treas-
ary- VvU 2 T v
.5'" Kaally SatlaBed. '
' 'Pendleton Tribune. If the legislature
will give"Eaatem Oregon ad open - river.
strike out the ' indebtedness clause in
the assessment law and repeal the 'usury
and mortgage tax laws, . we will, say
thanks and not ask for anything more
this time. . . J .
FORT KLAMATH Ft? IT.
A Local Na.by Waal Oae ef tike Millar
For Indian A feat.
From the Klamath Star.
It has been some time since this great
pasture has been heard from, but the
stock looks fine and most of them are oh
the range, the late rains having cleared
away about all the snow. The question
who will be the next agent of the Indian
reservation is loud now, and answer
W. P. Miller, by Gosh ! A petition is
being circulated for W. fj. MU1 v, aad
he'd make a fine agent." His several
sections of land, which the wise man
has scooped in without the fear of the
Lord In his bosom, "jines" the reserva-
tion. iamfall h wooieV'ha.ve-fer do irto4
step across the line and exert "the - power,
with which be hope (fie TJnt ted States
will entrust him. '. ! - ;
The people op here would rather Mr.
Cleveland would . appoint Mr.. Miller
Minister to Turkey, which is , a fatter
and far-away office, but good men " can't
get everything. Sometimes a good man
is (tack up on an Indian agency as a shin
ing example of the virtue of the appoint
ing power and that's what we want' Mr.
Miller raised to the proud hight of
agent for. . Mr. 'Miller'hw a whole valley
full of steers and eows, horses,' calves
and mules, and- as his little three or
four sections Of land : are not-' roomy
enough for them all, he could remove
bis fence farther east and blend - his in
terests with those of. the Indian- stock
owners. I trust that when Cleveland is
taking his seat on the 4th of next March
he will not sit on Mr. Miller. I: trust
that he will seat himself with a solemn
conviction of the importance of sticking
good men up as shining examples eC his
virtue in - the matter of appointments.
I want to see Mr. Miller fatter, and his
old cows and steers grating all - over the
Indian reservation. So sign the petition
all ye who love virtue and fat beef. .
Oar Fool Official.
.. Wallowa Chief tainl Eastern Oregon,
justly tensed the Inland Empire, has a
kick,- and - a justifiable one. Recently
the governmental station at ' Corvallis
issued a " bulletin devoted to the soils of
Oregon. The bulletin : had been pre
pared by Prof. G. W. Shaw, professor of
chemistry, and in the bulletin he said
the main growth of Eastern Oregon was
sage brush and buncfagrass..- This bul
letin was sent broadcast, and now, the
state board of horticulture embodies
every word of Prof. Shaw's bulletin in
their reports. ' It is likely that 50,000
copies of each report will be printed for
distribution 'throughout the state and
at the worlds fair. The press of Eastern
Oregon is mad, but not without reason,
and is after Chemist Shaw with, a how
itzer. .
Tb Lea Wu Illegal.
Kansas Citt, Jan. 0. The district
court of Wyandotte county, Kan., today
decided the lease of the famous Cherokee
Strip Land & Live Stock Association
against J. V. Andrews and. others, to
collect $50,000 for the use of grazing
lands in the strip, leased, from the asso
ciation. The entire strip comprises
6,000,000 acres. The court held that
the original lease -by the association
from the Indians is illegal, and there
fore the sublease is likewise illegal.
. Carpets and furniture at reduced rates
at Crandall St Burget's, next door to
Floyd A Sbown's drug Btore. '
Jfksolutely
Pure
V" I regard the Royal
best manufactured arid in
Author
LAWMAKERS AT WORK,
Oninizei as. Griniim eat EilUs irtts'
Gross- in Salsa v
FOR, A VQTHER PORTLAND BRIDGE.
A Few Measares ef Interest U lataa
JOINT KBXOBIAL TO 0KWIMr
Aaktec far aar ataaraaiaa af tb Ttaaa
Prave v am Oar FarraiaA K.H- '
- way t4.
SAursf. Jan. 10. la the-eenate a csr--rent
resolution was adopted for a eoca-.
mittee to investigate the Stat printer''
office and the- same for the investige.-
tion of the office of the secretary of etassv
the state treasurer, and state land efSce.
. Looney offered a resolution providiag
.each member with three ewsppen. '
Veateh moved to amend by reducing fee
number, -i Cogswell ' offered a amendr-.
raent making it fire, and i was e '
adopted.-. ' :;'S':-'- "; '
Steiwer offered at resolution exteddimg
the time ef making final proof on public;
lands to September 29th 18S3, and that -the
secretary telegraph the resolution t
Oregen's representatives in Washington ;
amended so as to read January 1st, 1894,
and adopted.
First reading of bills. In trod need by
Blackman, to Appropriate $5,000 for a
wagon bridge on John Day river ; Mc
Ginn for a free bridge over the Willam
ette at Portland ; Steiwer, protection of
stockraisers. The senate concurred ia'
house resolution for the appointment of
a joint committee to visit the state uni
versity,, state normal school and agri
cultural college. Same in house' resolu
tion to appoint a committee to investi
gate the penitentiary. A communication,
f rom "the Portland "chamber of commerce '
asking that the mortgage tax law be re-'
pealed was referred to the committee a
assessment.''
In the house Carl Gray of Portland,
was appointed 'mailing clerk.
' The house concurred in the senate
resolution on informing the governor of
the organisation of both bodies.
A calendar clerk was ordered em
ployed at $3 a day.
The senate concurrent resolution for
purchasing ninety copies of Hill's code,' '
second edition, for members . was.
amended to first edition, and then,
adopted. .
Upton introduced a resolution against
the sale of nonunion-made cigars in the
rotunda; referred to special committee.
Upton, Ford and Inman.
A resolution for the election of sen a- ,
tors and president by a direct vote was'
made the special order for .2 p. m. Mon
day of next week.
House joint resolution for a commit
tee to prepare a. joint memorial on for-,
eigh immigration was adopted.
Joint memorial for the extension of
time for settlers to prove up on forfeited -railroad
land grants was adopted. '
A joint resolution by Ormsby was in
troduced for a committee to draft a me
morial for the early completion of the
Nicaragua canal.
Baking Powder as the
the market." .-.
qf "Common Sns m (A Heustheld.m
-Empire Reader.