CJUMWELL CLEARED
- BY BACKING BOARD
" ; ((Vinlmu.l from ps I.) tf IMl
: ' - ' - ;
sjdised of the findings of the examiner-
Mr. Rramwell said.
i Ib support of this testimony,.
ir. Bramwell offered in ettdence
A letter written by the cashier of
4be bank to a Seattle attorney; fn
which the' writer, admitted that
"more than half of the capital of
he institution was forested in ir
rigation and district improvement
bonds tn the state of Washington.
Statistics , aiao were submitted
fa evidence showing that as a re
sult of purchasing these bonds the
iiank already, has uf fered" a fin
ancial loss of 327, 625. 94 based
on the current quotations of the
securities.
: Documentary evidence offered
by, Mr. Bramwell showed that an
fn vesication of notes held by the
bask-it was found that one oY the
notes was a forgery and was so
admitted by the "cashier when
pressed ior an explanation by the
hoard 'of directors. Previous to
lb4 Investigation! Mr.(. Bramwell
fcftfer the bank officials had alleg
ed.: that the. note " was- val,id, but
that the mater had not lieen 1h
ft .position to pay. 1' . ' -
It was because of this evidence
of bad management on the- part
of th bank officials that Mr.
Bramwell said he wrote to the di
rector and suggested that they
employ some competent person to
manage th institution.
Letters subsequently were ex
chanKed. Mr. Bramwell testified,
and it finally was agreed that the
state hanking superintendent,
rather than the bank officials,
should find a person suitable for
the position. Letters and memor
andums offered in evidence by
Mr. Bramwell showed that this
course was suggested by the dit
rectors and president of the bank,
and was not, demanded by the
state banking department.
In eon ftection "with his efforts
to find a man to assume manage
ment of the bank, Mr. Bramwell
submitted letters showing that he
at one time attempted to obtain
the services of G. B. Kellogg,-ex-banker
at Baker, but that he de
clined to accept, the position.
Other men also were considered
by Mr. Bramwell, he testified, but
were not found suitable for the
position.
iSridpnce also wag 'offered to
show that II. O. Voget, examiner
for the state banking department,
had been approached by the cash-
ler' of the bank in connection,!
with the position, but that he de
clined to'glyp it consideration.
A. II. Oln. assistant examiner
for the state banking department,
testified that he made an exam
ination, of the institution at the
request of the state banking offi
cials and later made a proposal
to Mr. Bramwell to take over the
bank. It was this proposal, Mr.
Olsen testified, that was conveyed
to the directors of the-bank by
Mr.. Bramwell. He denied that he
ever was asked by Mr. Bramwell
to submit an offer for the bank,
or that he was in any way en
couraged by the state, banking su
perintendent. i In connection with Mr. Olsen's
examination of the bank it was
testified that the cashier was re
ceiving $300 a month, while the
other officials were paid propor
tionately. Mr- Bramwell testified
that he deraande d areductionof
these salaries In order to propel
the depositors. '
; The president of the, unidenti
fied bank testified that while he
ti
T
il' Robe
Gift
Just What
He Wants
The perfect Christmas gift for a 1 '
man a Robeqr Dressing Gown. -Good
looking, warm robes., are
here for you in all the new Ameri
cari and j foreign fabrics. Priced
$5 to $25
estions.
Sugg
Indian, Robes
Leather Vests
Overcoats
Mackinaws
Travelinng
Bags,
Suit Cases
Garters
Wallets
Shoe Trees
BathBobes
Cashmere
Scarfs
Tuxedos
Dress Shirts
Smoking,
Jackets
Interwoven
Hose
Caps
ONLY A FEW DAYS LEFT
Tie Pins Golf Knickers
Golf Garters Hats
Umbrellas , ,r .
1 uxedo Vests
Silk Robes
1T ! Handkerchiefs
Underwear
Wol:Robesr Knitted Ties
Sweaters Pajamas
Shoes Suspenders
Gloves Collars
Golf Hose Rubber Boots
CLOTH INq-yOOLISK MUJjS STORE
Annual CLEARANCE SALE of Groceries
i Ai n A Rfl O M Thanks for your wonderful response to oir sale; today
j VJ we will have additional help to take care of the crowds
No. 1 New Crop Soft Shell Walnuts
Sale price .. ....
30c
40c Bottle; Burnetts, Vanilla
Sale Price ,....
30c
Large Bars White Laundry Soap or
Regular 6 for 25c, Sale Price 7 for LJt
Lipton's Cocoa, i-lb. cans. or
Regular price 18cr on sale 2 for LtDQ
Snider's Cljilj Sauce, large size, OA-,
On sateat ., OUC
Honej regular 25c per square
Sale price,. 5 for
$.1,00
Xmas Cahdyj a treat and good
enough for anybody to eat, lb.......v
15c
j Warrehton Clams, larg
Regular. 30c, on sale at
e size,
25c
Apricots, large No. 2Vt cans,
Regular 20c, sale price.................
Small White Beans
Sale price, 4 lbs. for
25c
did not consider the letter from
Mr.' Bramwell discreet, he always
had been, treated conrteotiRly by
the . state banking department.
He also s'aid that he had received
fairer treatment from the bank
ing department than he had ex
pected.
' Mr- Haines testified that he had
made no direct charges against j
the superintendent of banks'
other than he had discriminated
against the Portland National
bank.
fiity Hicock, deputy state super
intendent of banks, reviewed his
connection with the letter to the
unidentified bank and admitted
that It was partly at his suggest
ion that it was written. Both Mr.
Bramwell and Mr. Hicock said
that in writing the letter they had
acted with a view of protecting
the depositors.
It was said that a proposal is
now pendfn,s whereby the bank's
affairs will he adjusted, to the
end that both the institution and
the depositors will profit.
PETTYJDHfi TO GET
HUDSOiHSSEX (K
Agency Transferred" From
Powell company; ulds and
Rickenbacker Go
in Portland, will give service in
structions to the new dealers.
J. II. Maden will be general
manager- with the Pettyjohn com
itany. Charles Eighney Is service
manager, and r. H. stacey. nna-son-
Essex salesman. Branch of
fices will be maintained in Sil
verton. Dallas and Independence.
pregon timber industries em
ploy 4. "..00ft men, producing $100,
(lOO.OJ0 a year.
' The best-rltizens are busy folks.- One iP . toward becoming
which means tlrat the worst citi- prominent. Is to be operated upon
tens llat. V - hospital.
STtKsSgb
Next on Candidates' Pro
gram Will Be Intensive
Speeches
O: L. Lefferts, Willamette val
ley wholesale, representative, with
the Portland Motor Car company,
and I.. K. Nichols, wholesale re
presentative of the eastern terri
tory, will he in Salem today to
make final araagements for the
transfer' of the agency of the
Hudson-Essex automobiles from
the Ffed .. M... Powell company to
the F. v. Pettyjohn firm. The
deal' will be completed today. Mr.
Pettyjohn .will handle the Hudson-Essex
product and the Cad
illac ' automobile.
The reason, the change has been
made is that the Hntlson-Essex
people desire exclusive representa
tion In n city, and Mr. Powell
wished to retain the agency for
the Packard whioh was said to
conflict with the Hudson sales.
The Pettyjohn company has
given up the Kick-enbacker and
Oldsmobite agency.
Bob Shore of the Portland
branch is in Salem assisting in
the transfer of parts, and Fred
C.anzneter. shop superintendent
you need never ,
have another
"tough" shave
Just a few pulls and your
blade is "James-Stropped"
taa velvet-shaving keenness.
Start joy-shaving today. $2
at
CAPITAL DRUG
STORE
405 State St., Cor. Liberty
Only d,
Shppping
mys mi
Christmas
KAFQURY'S
The Great
Christmas Store
WITH THOUSANDS OF GIFTS
FOR HER
.to
Fine Silk Hose .
Kayser -- Hummingbird
All the hew wanted Shades
'CAN AND DO"
4'irw.S&K. s,klm Store, : Portland Silk Shop
1 i - ' - Attn ot.t. C llil LAmr- Cf-
w - , I '
( t'Ci.V-v
Frederick Steiwer, candidate
for the Republican nomination for j
United States senator, has ben
active during the past few weeks
visiting prominent citizens and 1
political leaders in various sec
tions of the State. He has spent
considerable time in central Ore-
gdn, sonthern Oregon and the
Willamette valley, and is pleased
f-wtth the popularity with which I
his , candidacy is being received.
He will later begin an extensive
speaking campaign.
CHRISTMAS SPIRIT
HEN
Willamette Students Depart
This Afternoon on Chnst
' mas Holidays
Life Buoy Soap, also Mission Bell Of
Soap while it lasts, on sale 4 bars for DC
H-J Washing Powder, regular (f1 AA
35ct 3j for $1.00,, sale price 4 for $1 . lU
I A can of Aluminum Cleaner Free with
bachT purchase of 4 packages
Durkee's Challenge Sauce, regular ,0 A
35c, sale price, per bottle..... -..,jLUC
This compares favorably with the highest
i priced sauces for steaks
Paper Napkins, 25 in a package,
Regular -15c, sale price ..
10 c
Fletcher's Hard Wheat Flour
on sale ........
$2.20
Do not wait until the last minute when
service is less dependable. ! Place ; your
Xmas order early
December is the month of Joy, Happiness and Good Will sti
'Itoeme. We are ready to greet you, our customers, with complete
) Stocks ot carehillv selected srocenes at Clearance Sale
1ake advantage of this sale and but your supplies twlayV
J
r
.
Phone
1-2-6
899 NORTH COMMERCIAL ST.
Saye Mfi! P wR'rt Damon's Todax
We,
Deliver
Heeding the call of Christmas,
about 460 Btudents will start an
exodus from Willamette univer
sity this afternoon, scattering to
all parts of the northwest to spend
the yuletide with their lolks.
And with this starting of vaca
tion comes the startling realiza
tion that but one week remains
ontil all will be smiling and
shout in e "Merry Christmas as
they pass each other on the street
Six nights from now and banta
fjlaus will be on his yearly scram
ble over the housetops, distribut
ing his presents, emblems of good
will for the coming year
A special train, carrying the
students to Portland, will leave
from the track opposite Lausanne
hall this afternoon at two o'clock
Not a member of the faculty is
there at Willamette but what has
Uttered a sigh or even three or
four-7-of relief, knowing they are
to., have a three weeks surcease
from class roo.ms. Several of the
teachers report, however, that a
good, share of their vacation will
be consumed In the correction of
papers.
Many of the students who hav
listened to the call of the lighted
spaces during the first months of
the semester, are planning to In
dulge in the ancient pasttime of
cramming to celebrate the yule
tide.
English students or students
of Euglish-rr-are especially Includ
d in this class. Themes lone
themes, short themes, Intricate
themes, plain themes themes of
every description will be threshed
out during the days of rest. The
authors will intersperse these with
parties, shows and general good
times.
At some 400 homes fathers and
mother will be waiting to wel
come back their offsprings, who
have been away from home since
Thanksgiving some since the
middle of September.
Seven more days! And turkevs
will be sizzling in the kitchens.
Students will be unwrapping their
presents repressing shouts of
happiness or wishes for exchange.
;; Lausanne hall, girls dormitory,
will be as desolate as a haunted
castle daring the entire vacation.
The school's library will be closed.
The campus will be deserted com
pletely wUh the exception of the
gyWasjum. , Coach Rathbun has
announced, he wJIL spend . part of
the -vacation; In liSaiBie with his
boys, working to perfect a basket-
bail team Tor the coming season.
His boys will sea to it that the
campus is not completely left
weak during the holidays.
: Gifts to date for The Statesman
Associated ' Charities Christmas
cheer fund are:
I Salem Ad Club . .
V Lane Morley
Anna S. Kantner
. Cash
A Friend ....... I . .
Unknown .
Tom's Wash Rack . .
yf. w. mn .........
- Mr and Mrs P. C. Pratt
Af Friend ..........
A Friend ;,
A. E. Anderson
A Friend 5.00
Lehman's Grocery. . ... 2.00
.$10.00
. 1.00
. 1,00
. 1.00
. i.oo
.. 1.00
. 2.59
.50
COO
5.00
1.00
1.00
Wllholt ; Springs' in dackamaa
county to be developed by $400,
o o q corparatioa, ' ' -. :'.?.:
STANDARDIZED CASH STORES
.A WAT T?l
CORVALLIS
ALBANY
WOODliVRN
oads.of Good Things to Eat
Best Creamery
Butter
ib.
49c
Gem Nut
Margarine
3 lbs.
79c
Fresh Eggs
35c and 39c
Fancy Cascade
Hams
Fancy wrapped, lb.
33c
Schilling's Best
Coffee
ib.
55c
j Fancy '
Apples
Per box
$1.79 V
Extra Fancy
Apples
box
$1.99
Oranges
2 dozen
25c
Home Diij. '
Chocolate
package
23c
Ghirardellis
Chocolate
1 lb. tins
32c
ill
Cluster Raisins
Smyrna Figs
Dates
California White Figs
Sun-maid Raisins
Sunkist Oranges
Lemons
Bananas
Apples
Oregon Prunes in Fancy
Packages
Grape Fruit
Pineapple
Candies
Home Made Chocolate
Creams, lb. boxes
49c
Christmas Mixed
Ribbon Mixed
Cream Mixed
. Home Made Peanut
Brittle
Peanut Clusters
Dozens of other kinds of
Candy to select from all
absolutely fresh. Priced
17c to, 25c
per pound
; '--a-
NutS,.':'- .
Oregon Filberts
Oregon Walnuls
Brazil Nuts;
; Almonds "
Pecans
Peanuts
C. & H. Cane
Sugar
100 lb. sack
$5.69
Fruit Sugar
Pure Cane
100 lb. sack
$5.45 ;
Crown
Flour
49 lb. sack
$2.25
Fisher Blend'
Flour
$2.25
- Eagle Brand
Best-Hard Wheat
Flour
$2.19
Aumsville Family
Flour
sack $1.97
10 Lb. Box
Prunes
$1.5ft
Fancy Iowa
Corn
2 cans
' 25c :
Solid Pack
Tomatoes
2 cans
29c-
Our Meat Department will have a nice lot of Young Turkeys, Ducks, Geese
and Chickens aswell as all the choice cuts pfr Prime Young Beef. ; Order eairly
for Better Service.' ; v , ' . ;s itj2
14
A".
v. ..
i
: I: -
t V". :
4
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