THE MORNING HERALD: FRIDAY, JANUARY 30, IfcOl.
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DA. I Ik Y AND WSEKtY
TERMS OF SUBSCRIPTION-
DAILY
Pnblfathed 'sTery morning eicept Monday.)
.liver t:J by curler, p 0-40
fcy mall, fmt , ,,...,. S 00
WEKKLT.
.(Published every Friday Morning.)
e copy, par annum, In advance.....!?.!)
.When nut mid In advance... .... KtO
THB HAILS.
Valla -a In Albany postoffice close
For all odlcea north
tn Eastern states 16;30 A. M,
fne Want SUa I
AadtneNairowGawf R. R. )
at Portland and Sauk 11 A. M
orvaUia and Yaquina T. u
ofBc , , mmm. 7:30 r.n
Tba postofllce will be cl m d each evening
ifom aU to aeven o'clock.
lUgiatered natter for the ly morning
train should be mailed before o clock the
reyiooa evening.
eports
20 pin
15 a ni
1111
egis
one
: and
been
efore
lis is
unit-
The
lined
con-
s one
igree
wiin iue mjuiii v. . fcui-l
bodied his view upon tbe subject
ia a minority report, :n which he
emphatically and clearly seta forth
the view of the subject that has
been the least spoken or written
about, but which in reality is the
truthful side of the subject.
For instance upon the subject of
the mortgage tax law, he says:
"In the provision to repeal the
mortgage tax law, I do not concur.
It must be remembered that the
mortgage tax law does not tax any
thing or anybody. It does not
impose or increase one cent of taxes
not already imposed. It does not
subject to taxation any property
that ought not in fairness and
justice to pay tax under the gen
eral laws. It seeks to do two
things: First (and this is its
primary object), it discovers for
purposes of assessment and taxa
tion property already taxable
under general laws and a large
portion ot ivliich vronM oilier wise
he concealed or be removed from
1 lie state for the pnriiose ol escap
ing taxation. This is at once its
strength and its weakness, the
feature that renders its retention
needed, and that inspires, by far
the largest share of denunciation
and the demand for its repeal
''Under the constitution, as in
teTpreted by the supreme court of
the' state (Popple ton vs. Yamhil
county, 8 Or. X57; Crawford vs
Linn county, 11 Or. 582), and by
the United States court in 10 Saw
yer, 63, credits must be made tax
able, and any law exempting them
from taxation is void."
Mr. Tongue farther says that
"lhe second ellect of the mort
gage-tax law is to make the taxes
payable at the place where the
mortgaged property is located.
It would seem only just that the
commnntity whose enterpri
largely contributes to make the
security valuable, and whose
courts protect and enforce the
rights of the mortgagee, should
have the benefit of his taxes.
The charge made against this
law that it is driving away cipital.
. i. .
iriiuermg money scarce ami re
tarding the growth of the state, is
not borne out by the facts. Until
the recent and abnormal strin
gency in the money market, money
to be loaned on real estate security
in the State of Oregon was never
more plentiful or more easily had
than during the past yeai."
Of some amendments which he
has prepared and submitted he
says: "If these amendments are
enacted, the interests of the mort
gagor and mortgagee in the
premises are separately assessed
to each. All taxes are a lien on
the land, and may be paid by
either mortgagor or mortgagee ; if
by the former, the amount paid for
the mortgagee becomes a payment
upon the note; if by the "latter,
the amount paid for the mortgagor
becomes part ofthe mortgage. All
taxes, are to be paid to thesheriir.
including state, county, school
and road tax ; no mortgage to bo
cancelled until al. taxes are paid,
and If not levied for that year, the
rafe levied the preceding year to
govern the payment."
In speaking of the debt exemp
tion feature of the measure Mr.
Tongue says: "Of late it ha In
come somewhat the fashion to
denounce the debtor das. Let
ma eay that this class contains a i
large share of the best brain and
brawn of the country. The state
is being rapidly built up and
developed", not by the lender, but
by the borrower. The men who
are doing more for our young state
to-day than all others are not the
clippers of coupons and computers
of interest, but the men w ho are
clearing forests, building houses
and barns, mills and factories, and
carrying on great enterprises on
borrowed capital. They may, and
often do, fail individually but their
enterprises are carried -xn ly
others. These are the men who
create a demand for capital, a
market for property and employ
ment for labor. The capitalist
and money-lender are important,
necessary and welcome assistants
in the growth of the state. But
they are not the leader. They are
but armor-bearers to the real
soldiers of progress in the warfare
of civilization."
On the same phase oi the sub
ject in its application to the assess
ment of banks Mr. Tongue says :
"Whilehe majority have seeu lit
to refnse to every other debtor the
right to deduce his indebtedness,
even if owing within the state, and
assessed therein, they propose to
confer upon banks and bankers
the privilege of deducting all their
indebtedness, wherever and to
whomsoever owing, whether in
the state or out of. They deny
this right, in the smallest extent,
to the debtor who borrows at a
high rate of interest, to answer
his needs or the needs of his busi
ness, but would confer it to an un
limited extent upon the debtor
who borrows exclusivily for profit
and, in most cases, without in
terest. It is trilling to say that
tLey can deduct debts only from
money credits. This is a limita
tion only in name, and would
hardly deceive a child. The
banker whose money and
credits did not exceed the amount
of deposits, would not be a banker
twenty-four hours. If deduction
of indebtedness is to be denied to
others, deny it to banks. If given
to banks give it to others. In my
opinion, eyery person, be he a
banker or otherwise, should be
allowed to deduct an honest, bona
fide debt, within the state, not out
of it, at its assessed value as a
credit."
Tiik spirit of the lower house of
the legislature, upon the matter of
economy was tested by the vote
lpon the resolution offered by Mr.
Miuto of Marion count', calling for
reirenciimeiii no "Qeniioncl in
reference to the appropriation to
tho Agricultural College, court
stenographic reporters, diotrict
fair, and various other matters
and scaling down t'se waon road
appropiiat'ons to come within one
hundred thousand dollars. After
i. spirited discussion, in which Mr.
Minto exiiil ited that age had not
extinguished his activity f-pirit
and ability, the house voted to in
definitely postpone the further
consideration of the resolutions.
There were L many interests
touched to allow its pas-saue.
'HVH l iX
WIL DAVIS, M. D. I'HVSICIAV AND
an -'eon. Can be fount! at big office
room In Si ratlin's block, Firat street, Albany
Orcgon-
a
c. kkUly, PHYSICIAN AND AI R
Keen Allainr. Orcirnn. office n Pierce'
ne block. O'fiue hours, from S a. a. to.
r. .
ROSS1TKR. VETERINARY SLR
xV. ice
Ifeoii. vrailmtc of Ontario veterinarv
jolli-ve ami me i lier of the Ontario veterin
ary i:iuilical society, is prepared to treat the
(liscuHts oi ail ilome'sticated animals on
scientific principles. Olfice at Ana Marshall's
liven- siaiile Krsnleiif e 4th ami Calanooia
streets, Aioanv, Oregon.
ri L. II AMISKIJLIN, St. II., Hoinieialliie
yj i-nviican, oii.ee at tr. Hal lace s o!
-ttaml, Broailalhin etreet. 0;lice huura. 7 to
a. v.: i 10 :j ami u to 8 P. u.
DRs
O. A. WWNKY, PHYSICIAN AND
suririn. Ora.i'iatc of llellerui) Ilosoi-
tal Melical College, New York Citv. Diseases
of women a siie-.ialty, Oihee in Foster block
ATrORVEVS.
. T. Bl'KXKY.
k. T. BARI.V, J. V DRAPER
BUIlNiY, DARIN It DRAPER, A1TOR
neys at law, OicyonC'ity, Oregon. Twen
ty years exicrieiije as register i thj V. S.
Laud Utile; t Oregon City ami in the land
tractice recommends us in our sneciaitv
buxincsa before the Land Office or the courts
aud inv. living tne practice in the gv-'.erol
mnu oince.
HC. WA
. Ort. i
'SON, attr.rney-st-Iaw, Alb an
n. Oflice in Strahau lilock
T N
I ami
DUNCAN ATTORN EY-AT LAW
nd notary i-iiMic. Oiiee in the Strahau
iiIoca, roouis No. I and 2.
i. a. it. ULocKsrss.
1 I.ACKDL RN, Jt W RIG HT ATI CRN K 1 AT
. w. wittaiiT,
U Law, Albany Oreami. Olt.ce ill Otiii
eilow s I cini.ie. Vill uructice in ail conn
af tho rtate. and give sowial atteni:o:i to all
business.
W0I.VERTON CIlARLKS E. AnOKNfc,
at Imv, AilMiiy, Or. Oilice in rwn.s 13
and H Kos er's bluck, over L. L. Ulai.i's
store.
T K.
fj . la
WKATllhUFOKD. AriLltNLY Ai
law, Ailnny, Orison. Oil in the
nun lilock. Will i-raotlcc n all the
courts of thestate, and (five specia. attention
to all business.
AMES P. MEAD, ATTOItNEV-AT -LAW
and title examiner. Albany. Or. Will
practice in all the courts of the state. Ab
stracts of title furnished on snirt notice.
en years experience.
SECRET SOCIETIES.
A, O. IT, W.-Safety Lodge No. 13; meets
every M m.lay eveniu at the U. A. R.
tail on rerry street, hetween Second and
i'hinl. Alliany, Oregon. Stransrers in the
ity and transieut brethren cordiallv Invitnl
to attend.
Do Not Pass By !
W E HAVE A FKV..
WINTER
-That we
REDUCED RATES!
BLACK AND COLORED DLIESS GOODS !
VKLVKrS. SILKS. SATINS AND I'U'SlfKS.LAPlKS' ANP
MHSKS SIT.K AND KNIT UNHKUWRAR. COTTON
AND WOOL 1IOSK, KMHROf DF.UI KS. SI LK ANH
LINKN HANDKERCHIEFS. SCARFS.
VF.ILTNC'SS, SHAWLS ETC.
Gr. W. SIMPSON,
FIRST STREET, ALBANY, OREGON.
"WAN T JED
-Ten thousand Men onion and Children to buy gooJe of
DEYOE & El! OMAN KllOS.,
JULIUS GRADWOHIS
GOLDEN RULE BAZAAR
THE LEADING CROCKERY, FANCY GOODS AND TOY STORE
OF A LP AN Y. THE ONLY GEN II N'if ROGERS BROS SIL
VERWARE, FRENCH CHINA AND GLASSWARE,
BOY'S WAGONS J-ABY AND DOi.L CAR,
R I AGES. AND A
Gensral Assortment of Fancy Goods.
Specialty in the finest Tm, Coffees and Family Groceries,
for net cash and carries the largest stoi:k in the Valley.
4sr"Inr.urauee t?ent for Fire and Merino.
.I Kill t- .. lAnirn
.;.;
: " S ' 1
TOM PFJCKS. Cor.
Prompt service and polite attention to everybody
MATTHEWS & WASHBURN.
Mil
7 n AT AUiSU
beumttism, Venragia, Ccrn
9 PlEADAOHE. And ALL. PAIN.
Tks CaUfsrmk Psattrrs aad Mpgatlvs
LECTRIO COUGH CUB
coot, ctour. cQHsusmoa.
U j aH Dncfiits. Iai SSe, fOs A I
caslaccr tt Oo , Pra's. Lea An jlsr, Q;
TAKE
THE
-I'ROM
CAB
Dili's stables
RATES:
To any part of the rity, 50 cent
For calling, lirst 1 lour $ I r(l on-li
IV Pfeiffer, I'rop. oy firyt-ccla,-s house
n the c;tv. Laro b-hih1 r.... ....
mercial men. x0 Chinanicr. emiiloved in the
kitchen. General sUire otti '.W. i".Ine
GARMENTS
will sell at-
REDUCED RATES!
TjelfTuiortera and Deaurs in all kimla o
guns and ammunition iielii nj at'kie of ev
try def(rript:on, cutlery and base bsll goods,
tents, haunuockB and camp chairs. The
larger t fctot k Fontl. of Portland. Cbmeone
and all. No trouble to nhow ecods Quic
ealce and Email piolits is our mo'ta Also
repair ebop connected with store aid firBt
claH.i workmen to do all kinds of wrk.
He buys
5HOS
And olher peoialio9 for Gen-tit-men,
I.alies, Etc., are war
r inted, ami fo stamped ort bit
toin. Address W. I.. DOUG
LAS, Brockton, Mass. So!d.bv
E. BLAIN,
ALBANY, OREGON.
Wy disastrous to ihe fel-
1 nv M 'to J';,a the heavy
of prices as it is ot deadlv
jr fireaiws. That's why vr
,h-ive" chalked OUR
iiiGOODS down to BOT
and see us at our storn
FOR SALE PY ALL DRUGGISTS
'S.)rn.'iiitli rnro I Diirch aspij
box of Dr. J. P. Gill's Catarrh Cure for
ni, own us,, but Undins -,ny nephew,
u. a. Mi'Mitiiaii. needing 6Uch medi
cine I lit him have lny box of medi.
erne. He now sends for three more
boxes, auyinw it is the best thin" for
catarrh ever tried by him and his
inciids. 1 cot another box to use in
iny cut e, &nd cheerfully recommend it
toothers.
jothcrs;
(Signed),
JOHN MrMAiTAV
ty Commissioner Laiie Co.
Lane county, Oregon,
ohnsrin nnidnnr ,.rt.n
o..ue jniversiiy. eays it cured him of
11 couirli aftt-r two other prescriptions
had fulled. Likewise twn of l,l i;iti
c, - ; --ivv. 11. ui iue
!.'irs uscJ it to cure their rough. .Mrs
.Mark Jailey, wife of Prof. Bailev,
sent it to Prof. Johnson, and rccora
mends it to all wlio suffer from colds
and coughs. For couifhs it aetR like
aeliarm. atid can bs inhaled into the
Mpes or passages, where no other
cough cures can reach.
Mas
)n the Threshold of the
The public is invited to inspect the im
mense stock of Dry Goods
W. K. READ'S
His assortment ii bigger than
variety and prices.
The Highest Market Price Paid for
Have removed their entire stock of
Hardware into the new Baltimore
Block. Call and see them.
And keep yourself warm, if ycra would enjoy health and life. Tho Tasteur Filter is recommended by 11
piiysiciana as trie very beat. Call ami see now they work and learn prices, io one can anora
to do without on e.. For an elegant heating stove that will make the room comfort
able or a ex Alng stove or range that is warranted to keep the housewife
in good humor, call and select f rora our immense line, embracing
all the most desirable 5 makes of stoves. '
FOR 1891 AT
ever before, and he is prepared
MORE THAN
SEVEN HUNDEED
different stylos and differ
ent kinds of Stoves for
Heating and Cooking are
rhe World's Be
sv.
-Glared under
mens that thei
III
1 M eet tC
II I I
New Year
to satisfy customers in quality
Country Produce.
the
Tins
mark.
Yaqnioa He
OREGON PACIFIC RAILROAD
T. E. UOGG, IteceiTcr.
ARC
Oregon Development Cos
Steamship Line
.AND
22 Flours Less Tlm
Than by any other route:
Accomodatiom unyurpaBBrd tor comfort
Safety. Fares am) freights via Taqtana an
the Oregon Deve opment compaiij-'a
ahipa, much less that by any other route
ween all points in the WilllameUe Val
wd Sao Francisco.
SAIUNQ DATES
raoit iaquwa.
Willamette Valley.... , i(Hh
WV J9tb
Willamette Valley 28th
IKON IAN FRAKCISOCl
Wrallon Dec. 6th
Willamette v''r,iii " istb
Willamette Valley, Nov, 24th
The con-pan y nerve the right to chais;
teamen cr suluicdatea.
PA1LT PASbKaXB TKAOIS.
accept Sundays.)
L Ta;dlna7:00 mLr Albany 1S.-S0 r
Corvallii 10:35 an" Corvallis 1S ri
Ar Alliany It :3b a I Ar Yaquina 4'34 r. a.
O. & C. tiaiue jonne at Albaa and Cot
Wa. M Boas.
C, . Ilooca, General lianaKet,
U.F 4 P. Agent
Corrallis, O oa
EAST SOUTH
VIA
SOUTHERN PACIFIL
KOUTt,
THE MOUNT SHASTA ROCII,
California express trains run daily
aouru I
SOUTH
7KKpm..Lv
10:23 p m..Lr.
1U:1 a m..Ar..
..Portland ....Ar.. 9:35 am
..Albany Lv.. 6:21 am
.. 8. Fraiacisco.Lv.. 9-00 pm
Local Pans. Trala DaUy(Ex. Sunday
b-XO a m. .Lr..... Portland ..
12:20pm. .Lf.... Albany
6:40 p mAr.....RoneDuiy. . . .
.Ar.. pm
..Lr.. 12.-00 am
.Lv.. 6:20am
IbaBi Krasicli.
2:36 pLv..... Albany Ar.. 9:25pm
2:35pm Ar .... Lebanon... ..Lv R:40am
7:10 a m..Lr Albany Ar.. 4.21 pm
t,22am..Ar Lcbnon Lf.. 8;40 pm
alsant local, dailt (Except Sunday)
S.tO P u. .Lv.. Portland.... Ar....9.00 AH
9.00 Ar. .. Albany .Lv.... 5.00 am
PULLMAN BUFFETSLEEPERS.
TOURIST SLEEPING CARS,
For arromtnoaaticin of Seccr-llaas Ta
exntctn k'.Uu htd to Express 1 rains,
ffriil Side LiivlKlon.
JSctncen i'oitland ttcd Corvallia'
SI.ill Trala Dally -Except Sunday
730am..Lv ...Po.tlanTl ...Atl'ioiCm
12:10 pni..Ar Cipnauia.. L-.12.IUp. m
At Albany and Corvallis connect wHlt.
trains of Ortyon PacificKailroad.
Txprcaa Train Dally (Exitpt Suiiday-
4:40 p m..Lv..
7:25 p m .Ar..
...Portland... Ar.. fcO tn
...lU'HinnMlIe.Lv.. i.tbim
THROUGH TICKETS
lo All Point
EAST AND SOUTH
TFor tickets and full (information ra-
gaidin? rates maps,
aentac Altmny.
1C KOE11I.KR,
Manager
eto., call on company's
E. P. ROGERS,
Asst. G. K A P, A
TIOETS
TDANDKOMTHE
PnlKCIPl POINTS
IN THE UNITED
STATTS. CANADA
AND EUROPE.
PULLMAN PALACE CAR SlUFEFS.'
Free Oolonitt Blesnlnc Cart Ban Tbroigb s
Ex reet Trains
OJIAHA,
COUXCIL BLtTf
kaxj crrV,
CHICAGO AND HT. DUIS.
Elegant New lUnlns; Cai Tilt
Ihaagc.
CKne Connection tX ForllaoJ for Kan I'rkO
coco snd facet Suucd pciiiU.
ATBosta leave the Company ' h:u f, at
the foo ol Broadalbio street, on Tueedav an4
Friday t each week. C. O. RAWLINGti.
CitT ticket and Freight Airebt
c. s. Kitxe.
ietersl TtraBc MasisRer.
T. W. I.I.E.
C r. A.
THE MARKETS.
ALBANY QCOIATIONS.
Wheat-60
Oats 45c
Klour 4.25 per bbl
Potatoes 50c
Eggs 22c
Butter ao25c;
Lard 10ia4C.
Hams 14(gl5c.
8houlders-6(g8c
Bacon 10l-ic
Hops 30cC
Jlsy TimotLy, $1(5, oatslaad cketi,
App es Green, 40 JEO per bu.
Flu jw Dried, 4c per Ik.
App'es dried bleached 9c snndried
& 8 c
Chickens 4.505 00
Hides Beef hides, frree't 4 C,
c : deer skins, 20c; sheep pelts, 10O
c, according to wool.
Beef 22c gross.
Mutton 2 00 per head.
Hogs .Vgtic ares6ec
Lard Ker?, or 6 iralloB lis;
15i-