NEWS OF THE WEEK
iafhmngs of tyo continents
K
A Resuma of the Lass Important but
Not Less Intarasting Errants
of the Past Weak.
A great earthquake in Guatemala did
much damage to property.
Nearly all "the large cities ata now
using clearing house certificates.
Rockefeller cannot be compelled to
testify in Ohio in the Standard inquiry.
The Bank of Englami haa again rail
ed the discount rate, but gold purchases
cxrDtinoe.
Three Kansas'banka have chvee»! »vn
ac»*ount of failure of a bank at Kansas
City, Mo.
Chief Forester Pinchot say» the tim-
b»r supply of the Unite»! States will not
last 20 years.
SETTLERS BY TRAINLOAD.
CALL IX IRA BkBSION.
About Thrss 1 houxand Arrive in Spo
kane al Ona Tima.
President Being Urged by Conserva
tive Financial Lssdsra
Spokane, Wash., Nov. 5.—Nearly
3,000 honieaeeksrs, bound for every
part of ths Pacific Northwest, arrived
in Hpokane Bunday by the various
roads. They ara traveling on tickets
sold in the Ftast under the colonial
rates, which expired October 31, and
the army Is mads up of those who
waited until the last day of gtacs to be
gin their journey.
Train No. 3 on the Northern Pacific'
consisted of 25 coaches filled to the
steps. It traveled in two sections.
Twelve hundred sou Is, railroad officials
estimate»!, were inside the coaches.
When the colonial» alighted at 8p»>-
kans to stretch their weary llmba, the
big depot was unable ^to bold the
swarm.
Traveling men fiom St. Paul, who
witnessed the embarking from‘that
point on October 31, say several hun-
died were left behind. They fought to
get inaide the gale and train officials
were compelled to carry children from
the cars in order to force the parents to
get off in order to make room for those
remaining
Portland, Seattle an»! Ta
coma are the destinations of hnndre»la
of these colonists, who seem to be pros
perous and not locking refinement.
Washington, Nov. 4.—It ia learned
here from undoubted eournxs tliat I'rsa-
Idsut H»xieevelt la now being urge»I to
call an extia session ol congress hi deal
with ths financial situation.
Ths re
quest oomss from and represents the
judgment of Uie ixuiservatlvs leaders in
the finaiwial world, who have repre
sent«»! the present situation as one com-
palling action of a character that will
•radicate all grouml tor suspicion of
American industrial met Inula.
The president lias lieen assured (tom
most reliable sources that there will be
no opposition on the part of ths great
industries of the country to the enact
ment of ths ne»*es»ary laws to carry out
liia idras of Federal control to the ex
tent to whi»*h he has expounded them
in hla recent public utterances. The«<>
•Muran»<es are mails at this time to
what haa been repiesentnl as ths most
dangerous situation which haa «in-
fronts»! the counlty during an extended
historic period—that is, the seeming
growing lack of confidence base»! on
known irregularities In business meth-
»»Is in sorus quarters and no «uis and
speedy means of separating the gvxxl
from ths unround.
To thia snd it is suggest«»! that ths
president set <*ongress to ths task, first,
of making inch amendment« to thr fi
naneml laws as will result in ths max
imum of flexibility with the mluimum
of basic change in our system; next,
and |«tlia[ia most in important*«, tliat
ths president embody hit suggestions
ou eor|»iration ctuitrol In succinct re-
oouimeudations tor enactment into law.
BANKS ISSUE PAPER.
Experts have found the New York
trust companies solvent and the banks
will back them.
Clearing House Certificats« to Serve
Public as Cash.
Governor-Elect Eaanell, of Oklaho
ma, advocatee a 90-day holi»lay for fi
Portland. Nov 5.—In order to sup
nancial interests.
ply the temporary nee»! of currency and
The United State« Steel corperation furnish means for marketing the crops
haa bought control of Tennessee Coal A of the state, the Portland Clearing
Iron company, subject to Roosevelt’s House association has authorised the
issuance of bank checks in denomina
aproval.
tions of 45, 410 and 420 for general cir
It is feared many livee were lost in culation.
These checks, or clearing
the recent heavy gale off Newfoundland, house certificates, will be based upon
be.en fishing vessels have not reported deposils of notes, bills of exchange and
and are believed to have gone down.
other negotiable instruments that are
The population of London ia over secured by wheat, grain, cauned fish,
lumber actually sold, and other mar
seven million.
ketable products or paper approved by
America is proving the promised the committee that has been appointait
land of the Jews.
by the association and by which the
Governor Hoch, of Kansas, is said to certificates will be issued.
These certificates or emergency bank
a »ant to fill Senator Long's place.
notes will be issued through the Port
Ths Russian prison system is said to
land Clearing House association to the
be a practical joke by leading bureau-
extent of two-thirds only of the value
crats.
of the securities. The certificates will
Colorado has taken steps against the te redeemable in cash February 1,
companies in the coal combination with 1908, and will be used in all transac
the hope that the price of fuel may be tions the same as currency. They will
itvdued.
be received by the banks in payment of
Harriman is reported to have pur- all obligations and will circulate the
cliaaed the Georgia Central railway same as gold, silver or paper money.
This plan for providing a temporary
which will give him another outlet to
circulating medium waa adopted at a
the Atlantic.
conference cl the representative bank
New York banks have impaired the ers of the cities of Portland, Tacoma,
government cash reserve, but no alarm Spokane and Seattle, held__in the laat
is felt, as foreign gold en route to tbis named city Sunday.
oiuntry will make the shortage good.
STUDENTS PACK APPLES.
PROPOSEDAMENDMENT
Corvallis Eapsrimant Station Will Ship Taa Reform Association Would Ea-
•mpt Many Art (Stea.
Carload ot Nawtona.
Oregon Agricultural <\>llege. Corval-
lia—A carl<»«l of first class Nawtowna,
from an «wvhatd operated under a lease
by the horticultural dejairtment al the
»lollege. Is being preparr.1 ter shipment,
the grading ami packing being done by
atíldente in the agricultural course.
The work is a drill in that important
department of horticulture, and they
get regular credits for it in their soi
lege work. Two days were spent ré-
i'ently by John Cartner, a packing ex-
pert from tlou»i River, in giving the
students special instruction.
The Newtowna b»*ing ;wked for ship
ment are from the five-a»*re Meeker
«xrvhard, but a tew hundred yards from
the college. Th»' Ian»! was Ieas«x 1 last
year for purpose« ol experiment.
A
portion of it was given the highewt
scientific cultivation, and the remaind
er allowed to go in much the same faxb
ion that is usual on Willamette valley
farms. Ths difference in ths appear
ance of the two portions is so marked
aa to leave no doubt of the etficroy of
care. Bcatcely a single box ot market
able apple« will be secured from the
neglected portion, while from the culti
vated part at least 600 boxes of the fin
est Iruit will be se»*ured.
The test seems to establish that New
town« are a desirable variety ter plant
ing in the Willamette valley. Professor
Lewis declares the color of the fruit
from this orchard is aa tine as «an be
produced. The apples will grade 3K»,
tier.
4 •nd
High School Debating League.
University of Oregon, Eugene—The
Oregon State High School Debating
league, organised during the past rum
mer. ia meeting with hearty co-opera
tion from all parts of the state. Up to
the present time fifteen of the larger
schools have signified their intention
of joining the league, including Pendle
ton, Baker City, La Grande. Ontario,
The Dalles, Astoria, Salem, Eugene,
Roeeburg. Klamath Falla, Medford,
Granta Pass, Bandon, Marshfield, North
Bend and a numtier of smaller ones.
On account of the reorga nixat ion of its
high schools, Portland waa not able to
enter, but will do so next year.
The
state baa been divide»! into four dis-
tricta, and a championship team will
be choeen from each district.
The
final debate will be held at the Univer
sity of Oregon. A handsome silver cup
will be given to the winning team.
The Oregon Tax Reform association,
with headquarter« at Portland, haa for
its object several radical changse in th«
mods of taxation. Circular letters liav«
lieen iasued and aent to grange« and
other organixa.iona throughout ths
stats. Ths i lianges ars to be mads by
amending th« »-orulitution through the
initiativs. The («llowlng is th« text ot
the •tMsociattona' deairs:
"All dwelling bouas«, all barns,
sbeda, outhouses, an»l other improve
ments appertaining to any dwelling;
all fem-es. farm machinery and appli-
ancsg used aa aucli; orchard*, crop« anil
livestock; household (uiniture in use.
and tixrla owned and in use by a me
chanic shall be sxvinpt from taxation."
Naw Gams Warden.
Salem—Robert 0. Stevenson, of For
est Grove, haa been appointed state
game and forestry warden by Governor
Chamberlain. Mr» Stevenson will suc
ceed John W. Raker, of Cottage Grove,
whose term of office haa expired. The
appointment of Mr. Stevenson makes
the first change in Governor Ciiambsr-
lain's official family.
The appoint
ment ia for four years, during which
time Mr. Btsvenmm will make hia
headquarters at l.irost Grove.
Ths
new appointee ia a well known citiien
of Forest Grove and ia a native son,
having been born and ra sed in Yam
hill coun'y. In politics he ia a IV iiio -
crat, and his appointmert waa made
upon the recommendation or a large
number
of
prominent
Ilemucrats
throughout the Willamette valley.
Rhodes Scholarship Examanation.
University of Oregon, Eugene—The
next qualifying examinations for the
Rhodes scholanih'ps for this state will
be held at the University of Oregon,
Tuesday and Wednes»tay, January 21
and 22. 1908.
The arrangements for
conducting the examinations will fol
low closely those of laat year, with the
exception that an examination fee of 45
will be charged all candidates,
The
examinations will be under the diree-
tion of the Oregon Committee of Selee-
tion, composed of President P. L.
Campbell, of the University of Oregon,
chairman; President Ferrin, of Pacific
university; President Coleman, of Wil
lamette university; President Crooks,
of Albany college, and President Kiley,
of McMinnville college.
Meant Ruination of Business.
Dry Range Killing Sheep.
Salem—The Rickreall Milling com-
Pendleton — That sheep on many pany has filed complaint with the < tra
ranges of Eastern Oregon are unac-1 gon Railroa«i cumiuission alleging that
countably dying is the report brought it pbued orders for one freight car Sep-
Enrique Creel, smbasador from Mex
to this city by prominent sheepmen, tember 6, two on September 24 and
PAPER MONEY IN BAY CITY.
ico to the United Statee, haa been elect
Tbe heaviest loss seems to be in Mor-1 one on (k*toiler 4, an»i has received but
ed governor of Chihuahua, but it is be
row and Gilman counties, with a lesser one car, tliat delivered on October 4.
lieved he will continue his ambassador Cioaring House Banks Will Issue Cur amount in Umatilla county. A. Smythe The care were wanted for ehipment of
rency in Small Notes.
ship.
A Son, of Arlington, report the loss of grain from Derry to Newberg.
The
San Francisco, Nov. 5.—Forty clerks 200 heed, and William Smith, of Mor-; milling company says thia failure to
San Jose del Cabo, at the mouth of
the Gulf of California, haa been de were at work all day Bunday in the row county, has lost about an equal l furnish care ia ruining its business and
stroyed by wind and a cloudburst. Six clearing bouse preparing certificates in number. Opinions among sheepmen appeals to the commission for aid in
teen persons were killed and the entire denominations of 45, 410 and 420, differ as to the cause. Some think the compelling the Southern Pacific to fur
which, indorsed by all the banks in the sheep are getting a poisonoi.s weed, but nish cars.
population is destitute.
association, will be issued by the clear tbs prevalent opinion is that owing to
Pope Leo is reported to be seriously ing house.
Oil Land Leased.
These certificates are to the unusually dry fall, the grass is in
til.
constitute a flexible currency for use in sufficient and the quality poor.
Klamath Falls—There have been
The Commercial State bank, of retail trade snd to meet payrolls until
filed with the county clerk of Klamath
G and Island, Neb., has cloed its doors. the present coin stringency is relieved.
county leases on a large tract of land
Little Hope of Relief.
The certificates will be accepted aa
These leases were
Salem—The State Railroad c mniir- near Iziet river.
Finland has passed a bill prohibiting
legal tender by the 32 banks in the sion has answered the letter of the gov secured by the K amath Oil company
the manufacture or importation of al
clearing bouse association, and will do ernor on the fuel shortage, addressed to and are for a period of 20 years. The
cohol.
much to relieve the local situation until it several weeks ago. The communica landowners will receive 11) per cent of
Parts of India are 'threatened with expected currency shipments from the tion says it haa cause»! letters to be the revenue arising from the operations
a famine, having experience«! the worst East are received. The certificates will written to 66 mills in Eastern Oregon if oil, coal, gas or minerals are found.
drouth since 1896.
be retired as quickly as poeaible by the and lias received ten replies. Only one If nothing materialiiee after a period
Reliable reports from Karatagh, Rus banks, because ot the large amount of had wood to sell, and that at 41.25 per of three years, the leases are to be
sian Turkestan, say but 300 persons securities deposited with the cleariug cord. Others say they cannot get car . come void.
house to secure them.
to handle wodd on local orders. Mauv I
met death in the recent disaster.
War on Illegal Dams.
It was state»! that an important move say that on account of the raise in lum
General Booth, of the Salvation in connection with tbe financial situa ber rates to the East the future is too *
Pendleton—One hundred and fifty
Army, has arrived in New Y’ork from tion has been made by the safe deposit uncertain for them to undertake new Hsidente of Pendleton and vicinity
England and was given a great recep companies, who, it is said, have agree»!
have united in a war against the dams
business.
tion.
to rent no more boxes to any one, in
in the Umatilla river, which are caus
order to prevent the boarding of money
ing the death of many salmon in the
Car Shortage Hurts.
British railroad employee have voted
in safe deposit boxee. Estimates place
for a general strike and there seems
Athena—The car shortage here is a river. They have signed a petition to
the amount of money in sate deposit
the state game warden.
There are
little likelihood of a settlement being
great drawback in the shipping of pro
vaults in tbis city as high as 410,000,-
dams, according to the complaint,
reached.
ducts. Many hundred tons of wheat
000.
which do not provide for the patsage of
are stored in the various warehouses
The governors of Georgia, Alabama
the fish.
awaiting
shipment,
and
most
of
the
Strain Easing Up in East.
and North Carolina have united to
wheat that has been shipper! so far was
force the railways to vbey new laws
PORI LAND MARKETS.
New York, Nov. 5.—Last week was
sent out on flat care. Many of the
passed in those statee.
given over tothe work of rehabilitation
farmers along the little railroad sta , Wheat—Club, 87c; blueetem, 89c:
It is announced that 21 eteamers of financial conditions, and much pro tions have been unable to sell their
valley, 87c; red, 85c.
have been chartered to bring coal and gress waa made, although there re wheat at good prices because the ware j
Oats—No. 1 white, 429.50; gray,
other supplies from Scotland for the mained many elements of disorder in house companies, as the agents, are . 429 50.
American fleet which ia to visit the the situation, owing to the dislocation unwilling to buy too much wheat un
Barley—Feed, 428 50 |ier ton; brew
of exchange facilities in the money and
Pacific.
less they know they can ship it out.
ing. 430; rolled, 430@31.
commercial markets. This was inevit
Corn—Whole, 432; cracked, 433.
A bank cashier at Charlton. Ind., able from the shock of the preceding
C. & E. Makes Report.
Hay—Valley timothy. No. 1, 417(S)18
."ft a message saying the bank waa week’s events in New York. But the
Salem—The report of the Corvallis A per ton; Eastern Oregon timothy, 423;
wrecked and committed suicide.
situation lias been well in band and
Eastern railway, filed with the state clover, 413; cheat, 413; grain hay, 413
Oklahoma banks will reopen Novem success was met in limiting the range
of the disturbance and in the initiation railway commission, makes the follow <314; alfalfa, 413($14.
ber 4.
ing showing.
Earnings from opera
Fruita—Apples, 4102 50 per box;
of measures to insure correction.
A third death from plague has oc
tion, 1235,807.42; operating expenses, cantaloupes, 4101.60 per crate; water
curred at Seattle.
♦ 139,793.17; income from operation, melons, lc per pound; p»«re, 4101.75
Cruiser Buffalo Spoken.
♦96,014.25; total income, same, deduc per box; grapes, 75c041.75 per crate;
Montana banks are doing business
North Head, Wash., Nov. 5.—The
tions, taxes, interest, etc., ♦64,151.30; quinces, 50041 per box; huckleber
under normal conditions.
United States cruiser Buffalo, which
net income, ♦31,862 95; surplus, same; ries, 7<3Hr per pound; cranberries,410
Hostile Navajo Indians have been haa been doing special duty in Bering no dividends; total deficit for entry 010.50 per barrel.
sea
with
the
revenue
service
for
the
killed or captiued in Southern Utah.
general halance sheet. 208,126.58; to
Vegetable*—Turnips, 41.25 pernu k;
past two months, was communicated
| carrots, 41.25 per sack ; beets, 41.25
William D. Haywood will most prob with by wireless last evening off Van tal cost of construction and equ pment,
♦3,114,280.90.
per sack; cabbage, 1(31 He per pound;
ably be the Socialist candidate for pres couver island.
The Buffalo sailed
cauliflower, 25c041 per dozen ; celery,
ident.
from Bremerton navy yard in August
Milla Forced to Shut Down.
5Oc041 per dozeni com, K5c(341 per
California banks are almost all ig with rush orders to proceed to Bering
Albany—Because of car shortage the sack; cucumbers. 41 per sack; onions,
noring the holiday proclaimed by the sea to help the regular revenue cutters
15®20c per dozen; |>aniley, 20c per
governor.
patrol the restricted waters •gainst big mills of the Curtiss Lumber com
dozen; peppers, 8017c per pound;
poachers. The entire fleet of cutters pany at Mil) City, on the Ccrvallis A
The Great Northern and Northern
radishes, 2Tc per dozen; spinach, 6c per
was kept busy throughout the season Eastern railroad, 35 miles east of Al
Pacific railroads will not suspend con
bany, will soon close down until cars pound; squash, 1(31 He per pound; to
watching seals.
struction.
can be secured. Manager Robert Shaw matoes, 25050c per box.
Onions—4202.60 per sack.
raid he could get no cars at all for
The Louisiana legislature has been
Credit Currency Remedy.
Potatoes—75i0|l per hundred, de
shipments outside the state, and the
called in extra session to paws laws gov
New York, Nov. 5.—That permanent
mill yards are crowded with lumlier liverer! Portland; sweet potatoes, 2Hc
erning public service corporations.
relief from the present monetary strin
These mills per pound.
The Rock Ileand railroad haa laid off gency can only be had through a sys enough to fill 400 cars.
Butter—Fancy creamery, 30<335c per
every construction crew on account of tem of credit currency adequate to meet have a capacity of about 100,(XX) feet
pound.
daily, and will throw 200 men out.
approaching winter, the officials say.
the requirements of trade and redeem
Vral—75 to 125 pounds, 808He; 125
Two arrests have been made in Chi able in gold coin, was the opinion ex
App'es Await Road.
to 150 pounds, 7Hc; 150 to 200 pounds,
cago for stealing records in the case of pressed today by Representative Char
Pilot Rock—It is estimated that I. ■< A
John R. Walsh, wrecker of the Mil les Fowler, of New Jersey, chairman of
Pork—Block, 75 to 150 pounds, 7H
there are now about 118,(XX) worth of
the l>anking and currency committee,
waukee avenue bank.
excellent apples on orchards tributary <38c; packers, 7<37XC-
which will at the coming session en
Poultry—Average old hens, 12^0
to this place awaiting the completion
New York banks are furnishing mon
deavor to have a law passed for credit
per poimd; mixed chickens,! I
of the Umatilla Central from Pendleton 12
ey to move crops.
currency issued by the National banks.
to thia place, so they
be shipped to 12c; spring chickens, 11 H012c; old
The Union Pacific has stopped much
market. If the road is completed soon roosters, 8<39c; dressed chickens, 130
construction work.
Promote Trade With Mexico.
many of the fall apples can Ire saved. 14c; turkeys, live, old, 16c; young,
Mexico City, Nov. 5.—A. B. Butler, After this year great quantities of fruit 18c; geese, live, 9(310c; ducks, 14c;
Nebraska officials have severely snub
special agent of the United States gov will be shipped out from this point to pigeons, 41(31.50, sqiiatm, 4203.
bed the Japanese consul.
ernment, is in thia city to work in the the markets.
Eggs—Fresh ranch, candled, 35c per
Forty sailors have been devoured by
interest of trade relatione between the
dozen.
canibals near Cape Horn.
Many Apples Spoiling.
United States and Mexico.
He will
Hope—1907, 709c
per
pound;
The German imperial bank haa rais look over the trade conditions of the
Pendleton—On account of the scar olds, 4c per pound.
ed the discount rate to check gold ex entire country, inquiring into those city of help to pick and shortage of ears
Wool—Eastern Oregon average beat,
ports.
features which should interest the mer many apples are going to waste in 16(322c per pound, according to shrink
Many of the large banks in different chants of the United Statee, and repor- Umatilla county. The car shortage is age; valley. 20022c, according to flne-
part of the country are absorbing the in what way conditiona can be lmt holding up the shipment of several nsses; «oohair, choice, 29030c per
•mailer ones.
proved.
hundred boxes at Milton.
pound.
CONTINUES HOLIDAYS.
Gouernor to Issus Proclamation From
Day to Day.
November 2, 1907.
Whereas, It haa been and is impos
sible for the banks of Oregon to secure
shipments of coin or currency from
Eastern financial centers, although
large lalanceaarr due to the tanks of
this state from Eastern banka; and
Whereas, Req nests have come to me
from the leading banks of the whole
stale, as well aa from different commer
cial bodies and dep<ieitors to make ¡>ro-
clamation of a legal holiday from day
to day until money can l>e »btalned to
handle the largely Increased industrial
and commercial interests; and
Wheteaa, I am firmly convinced from
information I have received that our
tanks were never in better condition
than at this lime, and are only in need
of moneys which are actually due them
from cor re» poodent banka to tide ovrr
the present crisis.
Now, therefore, I, George E. Cham
berlain, governor of the state 't of Ore
gon, by virtue of the authority vvatrxl
in me, do declare Monday, the 4th day
of November, 1907, a legal holiday for
the purpose of »enisling in tiding over
the present financial stringency and
protecting the credit ol the state until
coin or currency, now due and owing
our people, can tie obtained; and 1 do
declare it my purpose to continue to
declare such holidays from day to day
until business conditions ap|>eat to me
to be normal.
In testimony whereof I have hereun
to subscriied my name ami caused the
great seal of the state of Oregon to lie
affixed at the capito), in the city of
Salem, this 2d day of NovelliI«r, A.
D., 1907.
George E. Chamberlain,
Governor.
By the Governor,
Frank Benson,
Secretary of State.
Employes Land to Employer.
Chicago, Nov. 4.—Payroll worries
were not among the cares Saturday of
Henry G. Dawson, manufacturer of
mantles. A score of his own employes,
all workingmen, surprised him by offer
ing him enough currency, atiout 46,(MX),
to carry through two paydays.
If Mr
Dawson ahouM need more money lie-
fore the flurry in the market is a thing
of history, the men on the other side of
his desk will bring more. laist week
Mr
Dawsen made several deposits
which would have carried him through
if he liad kept them in his own safe.
Graft Prosecution Is Issue.
Han Francisco, Nov. 4.—Issues of far
more importance than are commonly
involved in a municipal election will
come up before the voters of Kan Fran
cisco for decision tomorrow. Behind
the leading names on the several party
ticket« are the survival of the so-called
bribery graft prosecution as conducted
against indicted corporation officials by
Francis J. Henry, and the confirmation
or rejection by the voting majority of
the new order of things which followed
the overthrow of the Ruef-Hchmltx re
gime and the bribed supervisors.
Farmers Hold Crops.
Lincoln, Neb., Nov. 4.—The finan
cial troubles in New York, with their
later echo in the West, have not alarm
ed the farmers of Nebraska. For the
past decade farmers of this state have
disposed of their crop« by contract be
fore they were harvested, but condi
tions have changed. Farmers are build
ing barns to store away the corn they
have harvested. They say they will
hold their grain for higher prices, al
though aa high aa 48 cents is offered.
Chinese Stone Missionaries.
Hongkong, Nov. 4.—The Hcandinavi-
an mission in the district of Namho has
been attacked by the anti-foreign ele
ment of the population. The mission
aries, Misses Wendell an<l Erickson,
were stoned by Chinese, who alleged
that native women were forced to lie-
come Christians and were kept for im
moral purposes. ’ The magistrate at
Namho succeeded in restoring order.
Arresta by Wholesale.
Ht. Petersburg, Nov. 4.—The latest
advice« from Vladivostok say that 160
arrests hsve been made In connection
with the recent mntlny there, the per
sons arreste»! being for the moat part
•oldlent and sailors.
Merchantmen
tying in the harbor ateame»! outside be-
lore the firing began, and thus eacaped
being damaged.
MONEY FLOWS BACK
tasterò Financial Situation Nov
Almost Normal.
AN INCOMING STREAM OF GOLD
Lusitania Raila for Naw York With
• lO.OOO.OOO— Each Oily Hua-
bands Its Own Bupp y.
New York, Nov. 2.—The financial
situation la gradually clearing without
showing any striking features. Runs
on the lauks and trust sonpanlsa arc
practically over; money, which was
temporarily withdrawn from banka sub
ject to runs, Is flowing to the stronger
banks, and currency la l>eing provided
in moat eases where the demand lor II
ia considered legitimate.
lurthei engagements of gold by Hus
ton and other points have brought up
the total engagements abroad under the
recent movement !<• ♦20.550,(XX). The
t.usitana, ah eh sailed from Liverpool
yesterday, haa on board about ♦10,000,-
000 in gold, one of the largest single
shipments ever made.
Prices of ex-
change were firm during the early part
of yesterday and did not yield seriously
at any time. The fact that the stuck
exchanges of Ixuidon and l’aris were
closet) on aevount of All Saints day pre-
vented any comparison of quotations on
arbitrage operations.
Balances with the clearing house
hsve settled down to a normal condi
tion, but there is still something of s
bluckade in domestic exchange through
the unwillingness of New York tanks
to ;ay currency on drafts from other
cities and the unwillingness of other
cities to pay out tlislr currency upon
drafts from New York. The condition
of affairs indicates a continued pressure
lor currency rather than a breakdown
of credi'a. but reasonable demands ate
l>elng met for regular customers of the
tanka.
The possibility of hastening the ex
port movement of wheat and cotton
still engages the attention of foreign
exchange dealers and also of those who
endeavor to keep in touch with the gen
eral situation
DELIVERY AT JOLIET.
Suprsms Court Decision Turna Loose
IOO Chicago Criminal*.
Chicago, ill., Nov. 2—The door« of
ths Joliet pemteritiaty aw mg o|>en to
day and the first batch of nearly IDO
munlrrers, highwaymen, burglars and
other criminals will lai turned loose
aa a revolt of n recent decision of the
Supreme court, which held that the
municipal courts of Chuago could not
legally try case« In whteh the indict
ments were returned by a C»»k county
grand jury.
The situation 'a one of the imwt seri
ous that ever confronted Chicago. H
the deci»ion of the highest court is to
stand, it means that on the eve of win
ter footpads, murderers, and criminals
of all cláxese are to 1« turned kxae on
the streets of ths city.
State’s Attorney John J. Healy, how
ever, lias decided to taks diaalic steps
to prevent the wholesale iiberatioo ol
criminals
He construes the decision
to mean that the Supreme court never
intends»! tliat
ronvlcte»!
criminals
should be given lilwriy, but that each
ami every man limit stand tiial again—
this time in the Criminal oourt.
LIFTS THE EMBARGO.
Northern Pacific Dee ds« to Receive
Lumber Shipment*.
ROADS HI I BACK
Refuse Lumbar Shipments Until Fur
ther Notice.
Iteltingliam,
Wash , Nov. 1.—-No
more lumbar ehlpiusnta will Iw i«o«lrr<i
by the Nufihsrn I'aclfic rallristd In th«
Northassl until furiti«! nolle«. This
la the order ««nt out tai all agents of the
oxiuqiaiiy test night.
This inme ot the Ncethein Parlile la
««peeled to lw tnllowsxi by all th« rail-
roads a flee te»l by th« injunction lMU«d
by th« F«d«ral oourt In Heattl« Thurs
day night, making It oompulsory on
the i«rt of Ui« railroads to i’liarg« th«
old rale of 40 oeiito ou luiulier from
terminal points on th« Pacific (’««st,
Ili« railroads ha»l Issue»! a new sched
ule ol ist«« tliat were to Im «fleetlv«
today. This new schedule was fought
by the lunibscmoK and resulUd in th«
lasusne« of th« t«iu|»iraiy injunction.
The ralltrads have evidently found
another method ul eouiliettlng the lum-
tiermail. The latrai inov« is the r«lu»al
to acivpt any shipments of lumlier at
any rate. The ruads figure they would
!» taking too great a risk to allow Um
excess freight to accumulate until a
final decision on the late la ma le, as
they say that litigation will ensue be
fore Hie matter la settled, ami many
of ths lumber Mims may have g»me out
ol business.
COURT SIGNS ORDIR
Grants Injunction Asked by the Oregon
Lumbermen.
Portland, Nov. I. —Following the de
cision lendete»! by the Uniteti Htatea
Circuit Court at Meatlle Wednesday,
Judge Wolverton, of the Federal court,
grautet! an Injunction ywterday re
straining the railrtSMla from putting in
the advanced lumber taire to the Essi
until the inferita of the <aar can be set
t efore the Interstate t'ommerve com
mission and a hearing lie held. The
restraining order was asked by the Ore
gon A Washington Lumbar Manufac
turers' are*elation, ami ii|»m Ills return
fr< ui Heattie yesterday morning Judge
Wolverton announced that the prayer
of the lumbermen would in* granted
Judge Wolverton ordered the «Media
tion to put up a bond for 4250,IXXt the!
will I* called tor in the event the rail
road* finally win. Tills money will be
used to |>ay the dlfl.rvrice Iwlwren the
present rates and the proposed tariffs,
should the railroads finally win.
Lumber companies in the átate not
tnemliers of the assodatimi are advised
lo file aitila in intervention as anon aa
;>oaalble, In order that I lie railroad*
will not be enabled to enforce the pro-
l«ised freight rates on firms not parlies
to the suit brought by the ssao’latlon.
The advanced ratee, as announced by
the railroads on all lumber shipments
tothe Missouri and Misaltaippi rivera,
were to have gone into effect Imlay,
but the Injunction will ;»wtpone them
Indefinitely. The increase was pub
lished aunts time ago and tariffs Isaiied
by the rail neid»
Ap|ieala were mads
direi*I to the Interstate Commerce cum
in les ion to |MMlp>>ne the enforcement
of the rate, but as no complaint was
before the commission, it could not act
U|XM1 the appts I.
MONEY IS EASIER.
Acuta Stage of Financial Crisis Over
In feast.
New Ymk, Nov. I.—Indications that
the available supply of iwsh would 1»
materially I ocrea«, d »thin a «hurt time
with imports ol g»>l»l and the itn rease
of the lank note circulation, and that
the movement of cottun and grain crop«
would be facilitate»! In every way pw-
sible with the result of Inctraeing our
credit« abroad, were the salient lent-
or»*« of tiwiay’s financial situation. It
seemed to be recognised everywhete
that the Bcute atagr ot the rrials was
ovrr and that all that remained »as to
obtain siifliilont emrsney Io reaunie
cmrency payments upon a tin ad s»wle
• nd thus to restore conditions prevail
ing liefote the ctlaia.
The engagements of gold marie in
New York, Chicago and elsewhere
brought up the total import movement
within the (Mat week to 423,750 (MMt.
Aa thr aiiKiunl of gold will afford a
bnaia of credit to four times the
• mount, or about 496,000,000, it will
In itaelt afford much relief to ths ex
isting pleasure.
Bellingham, Wash., Nov.
order of the Northern Pacific
refusing to bill out any carload« of
lumber from the Northwest, waa in
force just one day.
last night just
lie fore the otliee of the company closeil,
the order waa rracinded.
The North
ern pHCifie will now acrept lumlier
shipments at the new rate, but will not
lie able to collect ths 6l)-cent tariff
landing the decision of the Interstate
Commerce commission.
The in june
Calls Rivers Congrssa
tion iesued by the Fillers! court in Se
Cincinnati, <)., Nov. 1—The Na
attle forbids the collecting of more tional Rivers and llarl»irs congress haa
than the old 4() cent rate.
lasuod a call to its members and sup
porters, as well as an invitation to all
Famous Will Case Fndad.
friends of rher and harbor Improve
Htaunton, Vs., Nov. 2. — A case ments, to arscmbls In convention in
which lias lieen occupying the various Washington, I). C., December 4, 6, 6
courts here for more than 160 years next. This In accordance with the con
was ended today in the Circuit court by vention axacinblid at Wnaliington laat
Major W. II. lendia, rrxeiver, entering year when the btiard of director« was
h decree which ia consldere»l final in authorised to call the next convention
the case of Peck vs. Borden and Borden at such a time snd place as deemed
vs. Borden. More than
was advisable. No a|ieclal [iroject will lie
involved. The heirs, numbere»! near •»ivocated or considéré«!.
ly 400. The Anal decree Involve« only
about 46,(MX).
One heir, represented
Harvard Angara Garmans.
in the original suit at an infant, died
New York, Nov. 1.—Special dis
some years ago at the age of 96 patches say that some comment han
years.
lieen raise*I in the Amerlcan colony in
Berlin by the fact that Harvard univer
Ford Casa Postponed.
sity han sent as this year’s "exchange
Han Francisco. Nov. 2.—Owing to the professor" h Britisher Instead of an
fact that yesterday was a publics holi American. The professor in question
day, causeil by the proclamation of the ia William Henry Rchofleld, who whs
governor, the courts in the Temple Is horn a Canadian and ia a subject of
rael adjourned.
In Judge Ijtwler's King Edward.
It ia feared in Amer
court all the graft cases before him ican quarters that Harvard by its ac
were continued tor one day. When tion has nixed up the plane of the
the Ford care came up. Judge Ixiwlir kaiser for a German-American educa
asked for suggestion« from the attor tional experiment.
neys for troth aides in regard to the ad
visability of going ahead with the trial
Rumors of Annexation.
under the present circumstances. Both
Heattie, Wash., Nov. 1.—Failure on
sides deemed an adjourn merit necessary the part of the Ih<minion government
and the judge acted accordingly.
to give relief to British Columbia from
the incoming hordes of Orients 1» msy
Japs to be Dsportsd.
one day lead to that part of the British
Helena, Mont., Nov. 2.—A Japanese domain being joined to the United
and three women, who are being held States. Of »11 the questions before the
in the county jail at Butte on the au people of British Columbia, the Immi
thority of the United Htates govern gration Issue I» by far the most Im
ment, will soon lie returned to Heatlie portant.
All foreigner« coining into
for deportation to Japan. Th« limn, Canada by way of the Pacific mint en
Hya ma Matsumura, is accused of bring ter through Victoria or Vancouver.
ing three of his countrywomen to
America for immoral purposes. It Is
Chineas Come In Via Mexico.
stated that the four Ja|«rmae arrived In
Mexico City, Nov. 1.—According to
Seattle from Japan on the steamer a dispatch to the Record» since the
Minneapolis June 7 last.
first of th« year there have arrived at
Army of Chinaman Coming.
Mexico City, Nov. 2.—Chinese isrnnd
for the Uniteti Htates have lieen arriv
ing at Halina Crus since January I,
4,765 having landed there en route to
the Northern republic.
ths port of Halina Cruz 4,763 Chinese.
Of this total, two-tldrds have for their
destination the United Htates. A great
many of tlmse foreigners seem to have
at one time lived in the Uniteli Htatea
and ara lalmring under the impression
tliat they can gat in again.