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About Beaver State herald. (Gresham and Montavilla, Multnomah Co., Or.) 190?-1914 | View Entire Issue (Jan. 23, 1913)
Concentration of Wealth Mijjht
Become Ileal Peril.
Combination of Brain Power, If
Harmful, Should be Reatraincd
By Government Control
WuHhmgton, 1). ('. In a hy|M>th«»ti-
«•al quvHtion to George W. Perkin*,
Samuel llnlermyvr, counael for the
“money trust” committee, outline»!
from the recorda of the committee a
“concentration of money and cred
it," and asked whether Mr. Perkin*
considered it “a menace and [wrll to
the pr»>»|>erity of the country.” The
<|Ueatlon generally wa* accepted a*
Mr, Untcrmyer’a conception of the
elusive No-callc<| money trust of which
the committee is in search.
Mr. Perkin*, after declaring the
query reminded him of the conun
drum, “Why is a mouse when it
spins,“ aaacrte»! that he could not say
whether concentration as outline»! in
the question was a peril,
“money trust” question was put after
Mr. Perkin* had recommended publi
city as a cure for financial evil*, the
incorporation of the New York St»x-k
Exchange under a Federal charter, a
closer res|s>naibility among bank di
rectors and the acconling of represen
tation on the directorate to minority
Mr. Perkins delivered a long talk on
economics, the gist of which was;
“Everyone will agree that at a cer
tain [mint concentration wouhl be a
|M>ril, but whethiT at the [stint you
*ay it ha* reache»! it would be a peril,
I cannot say.
I have been out of
touch with these uffairs for two year*,
and I would want to study these ques
tions very carefully. I’m opposed to
the concentration of money power,
bruin power, or energy where the con
centration is likely to result in harm.”
Mr. Perkins, ns a director of the
Steel cor|s>ratiun an»l the Internation
al Harvester company, is a defendant
in the government's suit for dissolu
tion of those concerns.
“We never knew of the corpora
tion’s buying its own stock to protect
it in the market and know of no fsxds
to manipulate the market in steel
stocks,” he said.
"Do you lielieve that director*
should be allowed to trade in the stock
of their own o>r|x>ration», on advance
information secured by them through
their connection with the corpora
tion?" a*ke»l Mr. llntermyer.
“I do not,” said Mr. Perkins.
“The Steel corporation wa* the first
big cor[*>ration to give entire publi
city to its airairs, was it not?” anked
“Yes, no far as 1 know.”
Mr. Perkin* said h«» belieVed all cor
porations should give publicity to all
“What would you do uls»ut manipu
lation of ¡trices to produce false val
ues?” asked Mr. llntermyer.
"Well, that is a difficult question,”
said Mr. Perkin*.
“That form of
gambling is indulg»*»! in even down to
the farmer who sells his wheat this
winter for delivery next spring.”
CASTRO DENIED ENTRANCE
INTO UNITED STATES
New York General Don Cipriano
Castro, formerly president of Vene
zuela. detained at Elils Islarnl by the
immigration officials more than two
weeks, was denied admission to the
United States by a special board of
impiiry on the ground that in his ex
amination he hail admitte»! the “com
mission of a crime and felony involv
ing ‘moral turpitude.’ ” Immediately
after the announcement that he would
not be permitted to enter thia country,
Castro declared he would ap|s*al to
th»1 secretary of commerce and labor.
Dynamite Destroys Ship.
Nanaimo, B. C. Leaving the har
bor here with a enrgo comprising 2000
cast** of dynamite, the steamer Oscar
took fire and getting beyond control
woh beached on Protection island.
terrific explosion followed, resulting in
several thousan»! dollars’ worth of
Every plate glass window
facing the waterfront was broken and
several persons seriously cut. Every
member of the crew escaped before
the explosion occurred. The extent of
damage to the vessel is not known
Two Killed in Opium Battle.
Shanghai—Two persons were killed
and many wound«*«! as a result of a
pitched battle over attempts to sup
press the opium traffic. Officials of
the Shang-tu and neighlioring districts
were patrolling with a military escort
to enforce the order of prohibition
against the cultivation of opium when
they were set upon by 1000 armed sup
porters of the opium traffic.
ensued, in which both sides fired sev
Slide Buries Two Cars.
Bay City, Or.—Just ax it was to be
announced that train service would be
resumed on the Pacific Railway &
Navigation company’s line, after a
blockade of over two weeks from
slides, another slide 50 feet long and
30 feet deep covered the tracks at
mile post 40 and buried two outfit
cars. This latest landslide will delay
traffic for four or five days longer, as
no track can be built around it.
One Miner Kill«»«! fur Every |M3,0()0
SUE FOR LAND
AND OIL TAKEN
most effort* to concentrate fortunes
and |><>wer until the laws of nature
cauiu-d the attempted monopoly to
"fall of its own weight.” He op
posed, however, concentration through
corporation and holding companies.
He would not say whether concentra
tion had yet reached the point where
it wa* dangi-rou*.
Before the name committee appeare»!
George W. Reynolds, president of the
Continental * Commercial National
bank, of Chicago, who said he knew of
the “trend toward concentration of
mon»-y credits,” and that he thought
it a dangerous thing.
"I am opposed to the concentration
of any sort of power,” he said. "I
believe that concentration to the point
it has alrea/ly gone is a menace.
saying that I <io not wish to sit in
judgment on the men who hold the
Mr. Reynolils said he was opposed to
the principle of interlocking directors.
Mr. Schiff took the view that depos
itors in bank* were protected suffi
ciently under the present law, “if
administered by and kept up to the
teachings of experience.” He thought
there was no objection to one bank
selling securities to another bank
Waahngton, D. (’. One miner's life
is snuffe»! out with every 183,000 ton*
of coal mim*»! in the United States.
In 1907, when the Federal bureau of (iovernment Will Try to Re-
mine* was lieginning its work, this
cover Many Millions.
ratio was greater. Then one life was
given with every 144,000 ton*. Dr.
Joseph A. Holmes, director of the California Oil Companien and In-
United Stati-s bureau of mine*, in hi*
dividual* Object to Attark
annual report to Secretary Fisher, at
l-ands Are Held Illegally.
tribute* the decrease in mortality^ to
th«» Federal government's work in the
Washinton, D. C.
A suit which
mining field*, and points out how the
enormous death list may be still fur- will text the title of hundr«»ds of thou
sands of acres of oil lands in th«* West,
with values running into the millions,
The death rate in the metal mines will be filed at Los Angeles, Gal., by
of the country is nearly as high, he I the Federal government in a few days.
declares, as in the coal fields, averag
Assistant Attorney-General Knaebel
ing more that three men per thousand Instructed United States Attorney Mc
employed; the death rate in the quar Cormick at Ix>s Angeles to begin pro
ries is larger than It should lie, aver ceedings against al) claimant* to 160
aging far more than that in foreign acres of oil lands in Southern Califor
«xiuntries; and the same is true in nia, said to be worth $5000 an acre.
metallurgical plants. He recommends, Other suits will follow, all of them
therefore, that money be given the
bureau to carry its mine-accident in-
vestigation into these other fields in (RAYMOND POINCARE, NEWLY-ELECTED FRENCH PRESIDENT
larger measure than the limited ap
propriations so far granted have al
The enormous annual loss in mining
and preparing coal for market, the
huge wa*te of natural ga*. a* well as
lack of efficiency and waste in the
metal mining industries, are men-
tinned by Dr. Holmes. This extrava
gance of natural resources, he asserts,
shouhl be checked.
"Pioneer educational work, tempor
ary in character,” is the way in which
the director refers to the mine rescue
and first-ai<! work among the more
than 700,000 miners in the 15,000
mine* of th«» country. Ultimately this
must be taken care of, he says, by the
coal mining companies through the
training and organization of miner* at
each of the larger mines or groups of
mines. He says that already several
companies maintain rescue station* at
their own expense, The chief pur|*>se
of the bureau of mines is to train
miners in first aid, mine rescue and
fire-fighting methods; and he adds
that "during th«» year mor«» than 30,-
000 miner* have attende«i th«» lectures
and demonstrations given from the
mine-safety cars; mor«» than 1000 ad
ditional miners received training suffi
cient to enable them to participate in testing the legality of the extensive . which it own«*!, because, “prudence”
actual mine rescue work anti more oil land withdrawal made by President would prevent officers of a bank from
than twice that number have been Taft, September 27, 1909, when ques accepting too much doubtful security,
a»id«»«i to the list of miners trained in tions were raised as to the president's and that no further law was neces
first-aid prni-t i»-e.'
power to make the withdrawal.
Health condition* in and about
"Too much law,” he said, “can
Not only will the government ask
mines should I m » investigated, in the the court to declare valid its title to crush the life out of a bank.”
opinion of Dr. Holmes.
Preliminary the land, but it also will «eek recover
“I believe in individual freedom,”
inquiries, he says, "have indicat«»d the ies for all the oil which is said to have he said. “If an individual goes too
prevalence of tuberculosis and the been withdrawn, the exact quantity of far, the laws of nature would inter
presence of hookworm as miners’ dis which must be developed by the suit. fere. The first great attempt at mon-
eases in several different localities in The proccc»iings in Los Angeles, it is ' opolv was the tower of Babel. That
the United States.
It is important understood, will tie directed against 1 fell of its own weight.
that this work should be ext«»nded rap all those who have claimed or still vidual monopoly would do the same
idly, because of the fact that the claim title to the land, those who have when it reached that point.”
health «»onditions a* well as the risk of extracted the oil and those who have
"Have you ever thought what would
accidents, may b«» influenc«*! by con- purchased it.
! happen while Buch a monopoly was
ditions susceptible of easy improve-
The Interior department has refused growing and whent it had fallen of its
to grant patents on any of the lands. own weight?”
"The larg«» and rontinual influx of There are said to be many conflicting
"No, I never thought of that,” an
foreigners into the mining regions of claims among the persons who base swered Mr. Schiff.
th«» United State* may bring to an in their contentions upon placer mining
creasing extent the h«xikworm and locations.
FRANCE ELECTS NEW RULER
other diseases that exist in mines in
An agreement, the terms of which
part* of certain Euro|H»an countries. are said to be secret, is declared to
Various questions that concern the have been entered into in May, 1911, Poincare Is Chosen After Stormy
health of workers in mines, quarries purporting to settle the conflicting
Session by Assembly.
and metallurgical plants cannot be an- claims by which the Maricopa North
swered finally without investigations ern Oil company, National Pacific Oil
and inquiries that are national in company, Midway Northern Oil com olas Landry Poincare, for the last 12
sco|M>. Among such questions are the pany received full possession of the months premier of the French cabinet,
most efficient methods of preventing whole tract, a quarter section of land was elected president of the Republic
the diseas«** peculiar to mining and in Kern county, California, with rights
metallurgical industries, and the most to develop the land and extract the of France, by the national assembly,
effective sanitary precautions to be oil. These companies are said to be compos«*«! of the members of both
observ«*d in and about mines and in in possession of the land.
chambers of parliament, to succee«!
the various metallurgical occupa
Large quantities of oil are alleged President Armand Fallieres, whose
to have been sold or otherwise distrib seven-year term expires February 18.
The director dwells upon the neces uted to the Standard Oil company and
Great confusion, out of which arose
sity of trying to prevent explosions Tarr & McComb, Inc.
two challenges to duels, marked the
rather than check them after they are
The claims to the lands are illegal casting of the ballots.
started. In this connection h«* calls and the extraction of the oil was
Premier Poincare’s selection for the
attention to th«* fact that then* has wrong, according to the government. presidency of France, although made
Iwen a “revolution in th«* us«> of explo
by parliament, as required by the con
sives in coal mining,” and the work of
stitution. is regarde«! as representing
the bureau “in investigating explo
as well the popular will of the nation.
sives has alone a valut* far greater
Jules Pams, minister of agriculture,
than the entire cost of maintaining Banker Schiff Declares luiws of Na was Poincare's nearest competitor.
th«» bureau since its establishment.”
The final ballot stood: Raymond
ture Are Sufficient.
Washington, D. C.—Liberty of in Poincare, 483; Jules Pams, 296; Ma
Plana to Raise Wages.
rie Edouard Valliant. 69.
dividuals to concentrate money and
Poincare’s first words on receiving
Washington, D. C. — The metal
power to the limit of their ability was notification of his election were: “I
sch«*dule of the traiff law again wax
advocated before the house money shall try to show myself worthy of the
under fir«* before the houst* «ximmittee
confidence of the national assembly. I
on ways and means.
Several steel trust investigation committee by shall forget without effort the strug
manufacturing interests contend«*«! for Jacob H. Schiff, of the firm of Kuhn, gles of yesterday and even the in
retention of the present duties. S. P. I-oeb & Co.
juries. Be convine«*! that I shall seek
Ker, president of the Sharon,* Pa.,
Mr. Schiff declared individuals in everything and at all times to be an
Steel Hoop company, advocat«*«! chang should lie allowed to exert their ut- impartial administrator.”
es in the phraseology of the law to
prevent importers from taking advan
Farm Bill Moves Ahead.
Castro Applies for Bail.
tage of its terms.
Mr. Ker told of
Washington, D. C. — The Lever-
New York—Another application for
plans now under way to advance the
wages of its common laborers, artisans Smith agricultural extension bill, the release of Cipriano Castro under
and mechanics 10 per cent February I. which already has pass«*d the house bonds pending final decision as to his
and receive«! the approval of the sen right to enter the United States was
Archbald to Resume I,aw.
ate committee on agriculture, was made recently before the Federal dis
Philadelphia— Ex-Judge Archbald, taken up for consideration by the sen trict court. The renewal of this mo
who was xtrippe»! of his office as Dis ate. The measure got through the tion was made because the Venezuelan
trict court judge of the United States first parliamentary stages, when it case is now before the Department of
by the United States senate, left for was withdrawn by Senator Hoke commerce and labor on an appeal from
his home in Scranton, Pa.
The ex Smith that the senate might go into the decision of the local immigration
judge decline«! to be interviewed, but executive session. Senator Pagtx of authorities ordering his deportation.
his son spoke for him. "My father's Vermont, who draft«*d the vocational Federal Judge Holt reserved decision.
conscience is clear. He is going home education bill, offere«! his measure as It is believed Castro intends to fight
his case indefinitely.
to practice law. My father has been ■ substitute for the bill.
a courteous, diligent anil goo»! judge.
Cruelty Bar to Marriage.
Perhaps his kindness of heart accounts
Captives Burned Alive.
for many of his difficulties.”
Sacramento—"If a man beats one
Lisbon, Portugal—An insurrection
has broken out in Angola, Portuguese« wife he shall never have another. ” if
Indian Inquiry Advised.
West Africa, and dispatches received Senator Hans, of Fruitvale, has his
Washington, D. C.—An investiga relate that the natives ha,ve committed way. Senator Hans introduced a bill
tion of the affairs of the Crow Indians many atrocities. They raided settle in the state legislature providing that
of Montana by the Department of jus ments, killing the inhabitants and pil when a man is divorced for cruelty
tice will be recommend«*d to the senate laging property.
Several European and it is shown that he kicked, beat,
by the senate committee on Indian women were carried off by the insurg struck, whipped or otherwise by force
Secretary of the Interior ents and four men captives were burn- treated his wife cruelly, the judge
Fisher said he would furnish any
__ e»i alive.
The _ governor of the col- shall adjudge him a wife-beater and
records or assistance necessary kto the ' ony has sent an expedition to suppress he shall be prohibited from remarry
ing in this state.
WISH to describe If I can one of gance. Here the old shoes gathered
the most interesting features of from the streets are soaked well tn
life In Madrid, a feature peculiar water, then carefully taken to pieces.
to Madrid among all the cities of Each part is placed in a neat pile by
the world as far as I am Inform Itself, uppers and soles carefully se
ed. It is a long way in life albeit lected, and the heels by themselves.
shor* in distance from Prado to the
A Hat for a Peseta.
Rostrado The extension of the Prado
booth may be a hat store
into the Paseo de Casteliana leads one
to the part of the city where flats give —where all kinds of headgear are dis
place to detached dwellings and where played for sale. Tall hats and caps,
mansions are seen that match In soft hats and hard, the luxurious head
grandeur almost anything seen along dress of the hidalgo and the plain one
Riverside Drive in New York, writes of the workingman. find themselves
George W. Burto" in the Los Angeles here in the most Intimate company.
Some are soiled and full of holes, but
Not only the houses in this part of such keep some of the cold off of a
poll bereft of hair. If one has a pese
Madrid are grand, but the equipages ta he may get a pretty good bit of
are as fine as may be seen anywhere, beadgear; if his purse contains but a
and the horses exceed anything I ever 10-centimo piece he muBt needs take
beheld in horse flesh. The teams what it will buy. So the fair goes,
are well matched, and the animals old garments of all kinds, for men,
stand 14 to 16 hands high, each hand women, boys and girls, age and in
representing nearly 100 pounds of fancy, all may be accommodated. And
flnely-put-up horBe flesh and gone. then follows the booth where house
They are, taking them all in all, the bold furniture, from a pair of old bel
finest, rangiest animals in the world. lows out of which the wind comes
The heads and ears are small, the out at the wrong end to a brass bed.
neck long and arched, holding the may be bought. All kinds of tools for
head high without painful hitching. all trades, agricultural implements,
The fore shoulders are high and so and antiquities, are all In their place.
are the haunches, the back straight
Antiquities? Oh, yes, these are the
The fore legs are straight as a whip choice things of the Rastro. They
stalk, the chest is deep, the haunch are for foreign consumption mostly.
es and thighs are powerfully muscled, These occupy more of the Rastro
ano the bodies are round as a bar than one would suspect. Antiquity
, produced things that were not ar
Seen on Sunday.
tistic, and was natural the unfitteat.
The Rastro Is not along the Prado, being in a large majority. Instead of
and no splendid turnouts are seen surviving in spite of all laws and
there. The street is in the center of theories. Furthermore, the artistic
the city, a short walk from the Puerta * temperament of Europe has found out
del Sol. It is a narrow street svs- a way to creat antiquities to order.
rounded with old houses, begins in The stuff f**und in the rag fair is gen
an alley and ends in two which fork erally worthless. But here and there
into still narrower alleys farther on. a diligent seeker may find a genuine
The English name for the peculiar bargain. It may be a small dagger
institution that has its home there is | with arabasques inlaid in the steel.
the Rag Market. Sunday is the day ' as well as overlaid on the hilt. It
to see it. The people who carry on may be a bit of enamel of great beau
their trade in the Rastro are there ty which the man at the stall fails to
every day in the week in small num appreciate. More old books of real
bers. but Sunday the whole place. value are found than bits of jewelry.
1,000 feet long, by 50 feet wide, is While we were here an artist from
packed bo densely that one makes his America discovered in a heap of rub
way through the throng slowly and bish a bundle of drawings made by
with much difficulty. To present a the hand of the man who taught Ru
general view of this motley gather bens to draw. He gave a few pese
ing in words or in picture is impos tas for the lot, about one-third of the
sible. It must be taken bit by bit. price asked, and he claimed be had
any analyzed carefully. As one en what was worth at least $5,000. Do
ters the long, narrow street a mass not come to Madrid in the hope of
of humanity, men. women. hoys, girls, similar luck.
The eye Is not the only organ that
decrepit age and tenderest youth,
moves about in an interminable maze finds enjoyment in the Rastro. The
beginning nowhere or everywhere, as appeal to the ear is quite as strong.
you may please to see it. The ground No one pays the slightest attention to
space is encumbered with big bas what another does or says. Never
kets filled with all kinds of what we were there people who knew better
call in America “garden truck" and the art of attending to their own busi
fruits. In and out ply women, each ness. Each vender cries his wares in
with half a dozen to a dozen fat his own way, own tone, own style of
chickens hung around their necks, oratory.
tucked under their arms, and held
in any way convenient for the mo
No Rest for Him There.
ment. Eggs. game, anything the poor
Three o'clock on a cold, foggy au
may have to sell, is here, and here the tumn morning.
poor come to buy. If one gets ther«
The weary cyclist was lost—lost in
about noon there may be seer * peas a trackless wilderness of moorland.
ant woman who nas sold out -yer bas As he pedaled wearily on his breath
ket of cabbage, cauliflower and let came in short, sharp gasps. He was
tuce and has turned the debris out nearly done! The ghastly silence op-
on the ground. At once this is pounced ; pressed him.
upon by some poor wretch of a wom
Ah, a light!
an who has not a centimo to get a lit
The sight revived him and he rode
tle something to eat. She bends down quite briskly up to the lonely little
and rakes about the leaves of the cottage and knocked loudly on the
vegetables and picks out every bit door.
that is in any way possible of cook
“Here I shall get at least food and
ing. Each scrap is put in a bit of a drink and perhaps a bed." he was
basket, in her apn n or In a leaf of telling himself gleefully, when an up
an old paper, or tn an old box. One Is stairs window was thrown open.
irresistibly reminded of a hen in the
“Whadder want?” came a husky,
yard scratching for a tid bit from sleepy voice.
"I’m a weary traveler----- ” he be
Just beyond the vegetable market gan.
the booths are reached where other
"Then travel!" retorted the husky
wares are on sale. The first may be voice. The window banged. All was
a shoe store, if you please. But It is again silence.—London Answers.
■omethlng that no one who reads this
letter ever saw or heard of. All days
King Peter's Parle Attic.
In the week men, women and chil
There is today In Parle a concierge
dren range the streets and pick up
anything that promises a cent of gain who is reaping a small harvest of tips
No old shoe is too poor to be passed from visitors to an attic which a quar
by. These are taken to the Rastro in ter of a century ago was tenanted by
itrings. tn baskets. In ones. twos, and no less a personage than the present
tens, acording to the wealth of the King of Servla in the I cbs palmy days
»hoe merchant of the RaBtro. Here of his pretendership. The agreement
the lot is sold for a few cents to a can also be seen by which Peter
cobbler—rather to a family of cob Karageorgevlch hired the attic for the
blers. This family sits on the ground annual rental of 750 francs, which
In the Rastro from early till late dally was really rather exorbitant, consid
working as busily ax ants. There may ering“ tin* neighborhood in which this
be an old man and an old woman, or erstwhile abode of royalty Is situated.
two, a couple of young people, and The concierge has been offered large
two to six children on the cobble sums of money for the agreement,
«tones of the street, on a bit of mat which contains King Peter's auto
ing or a board. If the circumstances graph. but he refuses to part with
>f the firm will petuiit su«Ji extrava such a valuable source of Incom«»