THE CORVALLIS G42ETTI
Published Tuesdays' and 'Fridays by,"
Gazbttb'Pdei.ishing Company.
x ;
- The Subscription price of the Gazette
I or several years, has been, and remains
$S per annum, or 25 per cent fliscjpunt if
paid in advance. - This paper will, be
continued until all arrearages are paid. '
CENTRAL BANK OF ISSUE.
The Congress of the United
States has again convened and
the President's message has been
read and placed before the mem
bers of that body for considera
tion. The message is of great
length and treats on maVy sub
jects. The need of. an elastic
currency is a subject the Presi
dent dwells upon, he having prac
tically advanced the same ideas
in a former Message. The occur
rences of the past four weeks
bring vividly to mind the ques
tion of making changes in our
currency system. While some
remedial legislation is nseded,
yet the misuse of the present is
more at fault than is the need of
new currency legislation. If
Congress would first correct the
abuses in the use of the present
system it would go a long way
toward correcting existing evils
in the lack of a sufficient volume
of currency about which so many
people now complain. ; After
these corrections are properly
made and tested it would then
show what was most needed ia
the way of further legislation to
increase the volume of currency
in cases of emergency.
, No matter to what volume the
currency may be incrca ed, if op
erated under a system where the
present abuses could be re-en-enacted,
there would be no guar
antee against a repetition of thej
difficulties heretofore experienced
during the several financial de
pressions. It is safje to say that the pres
ent Congress will not mature
anything along the lines of cur
rency legislation, because there
are so mary plans offered where
in exist impractical conditions,
which, if enacted into la w, would
not work out the remedy sought
by the advocates of the different
measures.
A plan favorably considered
and recommended by the large
financiers in the clearing house
cities is for Congress to pass a
law under which the Central
Bank of Issue can be established,
owned by stockholders, governed
by directors elected by the stock
holders, together with certain
officers appointed by the govern
ment, having co-ordinate powers
with the directors so elected who
- hall jointly serve in the govern
ment of the bank. This bank is
not to engage in thegeneral bank
ing business, but to be used as a
Central Bank of Issue, authorized
to issue additional currency when
the demands of business and the
people require it
In some respects this would
seem a commendable plan, but in
the light of past experience it
would seem that this Central
Bank would probably he located
in New York, where all of the
high rolling financiers live and
operate. The stockholders of the
Central Bank might possibly be of
the same class of stockholders or
composed of bheir warm friends
and business sympathizers. Since
it has been found that less than a
dozen of these financiers can tie
up the whole financial conditions
of this great country, why could
they not tie up the operation of a
Central Bank of Issue and also
try as completely at their mercy
as heretofore ?
' The only hope for the country
is to cut loose completely from
every scheme which depends on
New York financiers for. relief ton
the people of this country. This
question will become one of su
preme importance to the people
of this country against the finan
cial domineering "by the high
financiers of New York before
the financial relief desired will be
complete.
If the financiers of New York
have juggled the resources of the
large insurance "companies, the
surplus and accumulations of
which belong - to ; the people
throughout the world whose lives
are insured in these companies,
and prostituted their sacred re
sources to their selfish purposes,
what is there to prevent them
from converting the purposes and
output of a Central Bank of Issue
to the same unlawful purposes?
When the stock gamblers in
New York tied up and cornered
all the circulating medium they
could and positively refused to
pay their western creditors, the
Secretary of the Treasury rushed
to New York and put considera
ble of his spare treasure into the
same hole and the same financiers
set down upon the valuable treas
ure so parted with.: This would
not have been quite so bad had
the New York financiers shipped
the money west where it be
longed. If the Secretary of the
Treasury had sent the money to
the western banks it would have
brought relief to the whole coun
try. The action of the Secretary
is not so much his fault as it is of
an imperfect law and precedent
established by his predecessors.
The law should be so framed that
the funds disbursed by th Sec
retary would be more equally dis
tributed throughout the United
States and among the banks ac
cording to the needs of the people.
The sooner the. Government
and the people cut loose from
New York domineering in finan
cial matters, the more easy will
become the task of settling the
question which now seems for
midable in the way of currency
legislation. The United States
,had best adhere to the present
National Banking System amend
ed in some way to permit these
banks to issue additional currency
in case of need similar to that
adopted by Canadian banks and
the banks of other foreign coun
tries, and when the emergency
has been supplied cause it to be
retired.
are more influenced by political
considerations than by those of
the public; good. ,
Another reason for postponing
tariff revision is because"" otodis
matters of great moment insist
ently demand congressional con
sideration and action. The cur
rency control of - corporations
engaged in inter-state commerce,
are subjects for legislation quite
as important, to say the least, as
tariff revision and far more ur
gently requiring legislation. x
We may expect a loud and uni
ted wail over the iniquities of the
tariff and a perfervid flow of va
porous rhetoric tin describing the
paramount ? moral and economic
importance of tariff revision. , '-.
i Let no one be deceived by such
rhetorical pyrotechnics ; they are
setoff by free-traders angered by
the assurance of the President
that"this country is definitely
committed to the protective svs-
tem and any effort to uproot it
Groceries
Crockery
Cut Glass
Silver Vare
Thatcher-Johnson Co.
Additional Local.
NOT THIg SESSION.
There will be no general revis
ion of the tariff this session of
congress. rroDaDiy no one ex
pected there would be. It is pos
sible that some products may be
given a lower rate, as wood pulp
fop the manufacture of paper.
The President recommends the
repeal of the duty on this product,
but as the greater part of our im
portation of pulp is from Canada,
and Canada exacts an export duty
on it, we cannot safely permit it
to enter this country free or prac
tically so, until Canada takes off
her export duty. " I
There are weighty reasons why
general revision of the tariff
should not now be undertaken
The President names one. "It
is a year preceding a Presidential
election, and experience has
shown that at such a time it is
impossible to'get men to treat it
from the standpoint of the public
good." This is scarcely nore
true of tariff than of much other
could not but cause widespread
industrial disaster." Here is the
statement of two truths. The
country is definitely committed
to protection. No party may ad
vocate free trade or assail pro
tection with the purpose of up
rooting it and hope for political
preferment at the .hands of the
American people. "' It is historic
ally true that every attempt to
destroy protection has caused
industrial disaster.
The tariff will be revised, pres
ently, and be better adapted than
it now is to our changed indus
trial conditions, but it will be re
vised by those who believe in the
principles of protection. '
Sometime we shall take tariff
legislation out of the field of party
politics and treat ic as a question
of practical political economy.
Mere academical theorists will
then have small influence in fix
ing tariff schedules ; these will,
be adjusted by men who know
the difference between theoret
ical and practical political econ
omy. When this is done little
will be heard of free-trade
Holiday line of pictures on dis
play at Hollepberg & Son's. 97-4
A. S. Welisof the class of '04, OIC,
and Miss Gertrude Moore were married
in Salem last Wednesday, . Congratula
tions are extended by Corvallis friends.
Complete line of beautiful holiday
stationery, P. O. store. 101
A western woman with a- knack for
Eurres has discovered that she walks over
seven miles a day while performing her
ordinary household duties. We would
like to see ber estimate of the miles cov
ered while trying to match a bit of rib
bon. Ex. .-. - i
Wilson's
tails.
Cafe for oyster cock-9tf
.A popular musical event is scheduled
to occur in college chapel, Friday eve
ning, Dec. 13th. It is a pupils' recital
under the direction of Prof. Taillandier,
and music lovers will be certain to take
advantage of the opportunity. Admia
sion is free.
Wilson's Cafe for all kinds of
sandwiches. 97tf
Coming Soon.
The Slayton Jubilee Singers
will appear at the Corvallis .opera
house. Thu sday evening, Dec.
12th. They are undoubtedly th
best company of jubilee singers
that travel through the west.
This is the second number oi',
the course given by the Corvallis
Lyceum management. It has
been arraugeJ so that those who
have not yet secured season tick
ets may do so tor $2.
Tickets on sale at Graham &
Wortham's, today.
The Chicago Inter Ocean says
of them: ,
" Old Plantation Days was giv
en by dlayton Jubilee binaers.
as the curtain rolled up it showed
the company in dren?es and suits
which might well have been worn
amid the cotton fields and corn.
KTheysang old melodiesand hymns
which even today may be heard in
the South, and sang them with
sach pathos that the audience re
called the singers again and
agaiti."
A Good Trade.
legislation. Appropriations,
practically corner the output of made in such years for the im-
the Bank and hence put the coun- provement of rivers and harbors plication
Every boy, no matter how rich or how
poor bis ancestry, should learn thorough
ly some good trade, eo that if his circum
stances become reversed at any time he
could immediately do service at his trade
and start again on a successful road to
prosperity. The printing trade is not
only artistic when completely learned,
but it is also highly educational in every
particular, and one of the best trades that
anyone can learn, as opportunity for
labor is ever ready each working day in
the year.
There is one of the best opportunities
in a'l the land for a young man of steady
habits, good principles, well educated
having a will to work and excel, to learn
the printing trade in the Gazette office
Proper explanation will be gi ven on an 1
67tf
ins meeting or uregon Dasiness men
at the Portland Commercial Club on the
1st followed by the announcement of
Gov. Chamberlain that the present holi
days would be discontinued after the
I4tb, bave been 'he most discussed events
of the week. That the representatives
from forty ommnnities should unanim
ously unite in resolutions forcefully ex
pressing confidence in the outlook and
financial strength of the entire state is in
itself indicative af constantly bettering
conditions.
LOST DOG Blue Llewllyn bird dog
with black spots en his feet and one ear
b isck. VV ill give suitable reward for his
return to me at Corvallis. F, H. Bar-
den. lol
Chief of Police We!' wVieg to ci" he
attention of bicycle riders to the fact tua1
it is against the law to ride without a
Iir,nt on the wheel after dark, and any
one caught violating the law will be
prosecuted. It is also against the law to
ride on college street and riders on the
sidewalks must dismount one block west
of Main street or they are liab'e to a fine,
An old gentleman was nearly run v by
a wkeflnran wi;hct a light, Sunday
night, and one wheelman has paid a fine
for riding up to Main on the sida streets.
Police Wells mentions these things as a
warning.
M. M. LoDg has a complete line
of dolls and other toys for the hoh
day trad. Prices away down. 101-2
tiiye as yonr band, Mr. rirmar, we
are proud to know you. We called ta
von in our distress aGd right nobly have
yon lesponded. It's you with your bump
er crops who -have brought the shipe
from "The Chalk White Cliffs of Albion"
to Portland's harbor, who will leave geld
for your produce. We are proudly ex
hibiting your world famous apples.
Here'ato yoa, Mr. Farmer, yonr faithful
wife, your sturdy sons and rosy cheeked
daugbteis. Long may you live to enjoy
the reward of yonr labor for you have
saved the . day the credit of Oregon
you've made good. Ex.
WANTED All kind- rf -ewing.
Ioquire at residence of Floyd Lane.
Mrs. Ida lileason. 95tf
A Michigan editor grew tired ot wieH-
ing the whitewash brash in the maer u.
obituaries and decided to reform and tell
the truth just for once. He commented
as follows upon the death of a well known
citizen: "Died aged 56 years, six
months and 13 days. Deceased as a
mild mannered pirate with a mouth for
whiskey and an eye for boodle. He
came herein the night with another
man's wife and joined the church at the
first opportunity. He owed us several
dollars for the paper and a large meat
bill and you could hear him pray six
blocks. He died singing "Jesus Paid It
All" and we suppose He did for he never
paid anything himself. He was buried
in an asbestos casket and his many
friends threw palm leaves into the erave
for li may need them. His tombstone
will be a favorite roosting place for heot
owls." Ex.
.Fresh Yaquina Bay oysters eveiy
Saturday, at Thatcher & Johnsoo's
grocery. 86tf
LOST Wednesday night in. the
poBtoffice, a $5 bill. Finder leave
at Gazette office. Darwin Carnegie.
..... . - 101-2
THE Presbyterian ladies will hold their
annual sale next Saturday, December 14,
in the' room formerly occupied by the
Wells Fargo Co. in the Occidental build
ing. Besides articles of fancy woik and
aprons suitable for Christmas presents,
they will have their usual supply of home
cooking and homemade candy, and at the
noon hour will eerye sandwiches and
coffee for 10 cents. Remember the time
and place. 101-2
ALL MEMBERS of the MACCABEES
requested to be at lodge Wednesday eve-'
ning as there will be election of officers.
101
Papers were sent to Portland Tuesday,
providing Tor involuntary bankruptcy of
the Lasselie Packing House Co., of this
city. There are said to be claims amount
ing in all to 25,000 er $30,000 to meet
which there are four or five carloads of
prunes in the East and some here, per
haps 97,000 or $8,000 worth. An effort
will also be m.ide to set aside the trans
fer to the Title Guarantee and Trust Oo.
datcl May 2, or the ground that most of
these claims were contracted without
knowleege of the deal, witheld from
record for over six months. Among the
creditors are Roner Eros., for about
$2600, C. G. Rawlings $1100, Mr. Howard
of Myrtle Creek $i300, C. 8. Harnish
$1200, Mr. Wright of Jefferson $2400,
Moon & Co. of Portland $600, P. W
Spink $250, Stewart & Sox Co. $130, M
Ludwig $51. The.matter Is generally r-
gretted, as the packing house is a great
thing for the city. Democrat. 1
DON r FAIL to attend the P s'l' ter
lan ladies' sale, r-.nrday, in Occidental
building. 101-2
Armour riate iiositry, tor men
women and children, bet uiade, di
reot from the mill, and sold by
Henkle & Davis. lOltf
A dispatch from Oakland, yesterday to
Mr. a-"' Mrs. John Spangler announced
tbe arrival of a ten-pound .girl at the
home of Mr. and Mrs. Mark Spangler.
Notice 'for , Publication.
; United States Land OAK.
Roaebarff.OrapoK.JnH M. ifin7
Notice Is hereby riven thmt in coir pliance with,
tbe provisions of tbe Act of Congress of June S.
1858, entitled "An Act for the sale of Umber lnci in
the States o' California, Oregon, Nevada, and Wash
ington ler'-torv," aa extended to all Pnblie ln
States by act of August 4. 1S!V. LvtUa J. Hawley ot
.Monr w, County of Be item. Stat of Orecon, file- i
thw offlc on April , 1907. her worn statement Vo.
iui ins puicmwm tne Southwest Quarter-af
. - -.uhnsiufi iia i.- cioain of Kftnra
No. Vtese V M Ore , and will oSr proof to sbow
that the lai ' -ought ia more valuable forita tin ber
or stone tba .'or agricultural purposes, and to ee
tab-lull her cla.tn to said land 1 lore W. W. Calkins,
IJ. S. tJommissio-ier, at his office in Euejene. Oration,
on Monday, tne 4tl day of November, 1BOT.
Sheuanesae w cp-ases: LeonKiaa H. Hawlevnt
Monroe, Ore .hi and Sam Eovn, Altred Rycrart
and M. P. Rvcraft. all of Alsea. Oregon.
Any and all persona elaituine; adversely the above
described hinds are requested to Ale their elaima ia
this office on or before said 4th day of Novembers
1907. i '
BENJAMIN L. EDPT, Register.
Notice- to Creditors.
Notice is hereby given that the undersigned has
been duly -confirmed and appointed executor of
tbe Last Will and le3tamcnt and estate ofMarr
A . Moore, deceased, by the county Court of the
State ot Oregon for Benton County, sitting in
probate. All persons having clai lis against said
estate are required to present the same, duly verW
fied, to me at my residerce in Corvallis. Oregon,
or at the law office of E. Holgate in Corvsllis Ore.
gon, within six months from the date of the first
1-ublicatlon of this notice.
Dated at Corvallis, Oregon, this 24th day ot
September, 190".;
79tf , Minor Swick, Executor,
Notice of Final Settlement.
Notice is hereby given that the undersigned has
filed in the County Court of Benton County, Ore
gon, his final account as administrator ofthees
tate of Alexander Bennett, deceased, and that Sat
urday, the 9th day of November. 19o7, at the hour
of xi o'clock in the forenoon of said day has been
fixed and appointed by said Court aa the time and
the Countv Judge'a office in the County Court
House in Corvallis in stid County and State aa th
place for hearing objections, if any, to said account
and the settlement thereof. All persons interested
and desiring to object thereto are notified to fila
tf-eir objections thereto in writing; with the Clerk
of said Court and. appear at said time and place,
. Bksnbtt,
As Administrator of the estate of Alexander
r,nett, deceased. ... Hatt
Card of Thanks.
i.Ir. and Mrs. S. A. Hall wish to ex-
toad thanks to their neighbors, friends
and the W. R. C tor the kindness and
sympsthy shown tbem during their late
bereavement.
NOTABLE MEDICAL DISCOVERY
Of Special Value to Many Here in
Corvallis.
One of tbe most notable discoveries and
one that undoubtedly appeals more than
anything else to many people here ia
Coraallis is the combination of stomach
remedies in tbe Mi-o-na treatment. This
prescription has worked wonders, and
there is now no excuse for anyone suffer
ing with indigestion or weak stomach.
. It acts specifically upon the muBc'es of
the stomach and bowels, strengthening
and stimulating them so that theyreadily
take care of tbe food that is eaten. It al
so increases tbe now of gastric juices,
thus getting from the food the nourish
ment that is necessary for health and
energy.
The eymptoir" of indigestion are num
erous, such aa distress after eating flatu
lence, heart-burn, sick headaches, dizzi
ness, and irritability. These are all dis
pelled by a few doses of Mi-o-na when
the trouble is recent, but just as surely in
long staading and chronic cases if the
treatment is followed for a reasonable
length of time.
So positive are tbe good effects follow
ing the use of Mi-o-na that tbe remedy is
sold by Graham & Wells under an abso
lute guarantee t refund the money if it
should fail to cure.
Printer Wanted.
In the Corvallis Gazette office a good,
all-round, thoroughly experienced print
er. Must be industrious, steady, free
from all stimulants and able to produce
profits. A young or middle aged mar
ried man preferred. State age, experi
ence, references, wages desired and all
other necessary information, Addrets
Corvallis Gazette, P. O. Box 26, Corval
lis, Oregon. 89tf
Notice for Publication.
. United States Land Office.
Portland, Oregon, October, ta, 19O7,
Notice is hereby given that In compliance with
the provisions of the act of Congress of Tune 8,
I878, entitled "An act for the sale of timber lands
m the States of California, Oregon, Nevada and
Washington Territory," as extended to all the
Public Land States by act of August 4, 181)2 Mrs,
X. erz.-m of Portland, county f Multno
mah, 8tate ofOregon. has this day filed in this
office her sworn statement. No. 7tioj, for the pur
chase of the Northwe t qua, o?r of Section No. 32,
inrown8hip Ko. 10 South, Range No. 5 West, and
will offer proof to show that the land sought is
more valuable for its timber or stone thpnfor
agricultural purposes, and to establish her claim
to said land before Register and Receiver at Port,
land, Oregon, on Saturday, the 18th day of Janu
ary, 19O8
She names as witnesses: Mrs. Minnie Hack of
Monmouth, Oregon; Mr. Will Mack of Mcumouth,
Oregon; Mr. -T. . Olson ot Corvallis, Oregon; Mrs.
J. C. Olson of Corvallis, Oregon.
Any and all persons claiming adversely the
above described lands are requested to file their
claims in this cff.ee on or before said 18th day o!
January, 1908.
95ft Algernon S. Drrsskr, Register.
The Best Quality of
PIANOS and ORGANS
At the Store of GRAHAM & WELLS'
Corvallis, Oregon
CUSTOMERS
Are requested to call and see them be
fore purchasing elsewhere.
THIS OLD RELIABLE HOUSE will
sell their FINE-TONED INSTRU
MENTS FOR REASONABLE PRICES
instead of charging you extra to make
up for high city rents, railroad fares and
hotel bills for traveling salesmen.
Music Loving People
Can purchase these reliable goods ia
their home town. If there is anything
you do not understand you will find the
sellers near your home.
Own YourHomc
THE
First - National - Bank
of Corvallis
has some
TOWHEMKTS
Near the State Agricultural College
which you can buy on the INSTALL
MENT PLAN or for cash.
Save Ten or Twenty Dollar
per month and pay the same on a town
lot. Thereafter BUILD YOUR HOME
on the lot and continue to make these
small monthly payments on the home
and you will soon have it paid for and
have no more rent to pay .J
For information address
W. H. SAVAG
Corvallis, Or
Jersey Bull For Sale.
Descended from Grand Coin and Gold
en Glow : imported cow testing 18 lbs
batter fat in 7 days with first calf. Ad
drees, M, S. Woodcock, Corvallis, Ore
gon, 72 t
BUY XMAS PRESENTS NOW
At Great Saving:. Sale on in All Lines
wow
Established 1864
J
S.
KLINE
v t .