The Bend bulletin. (Bend, Or.) 1903-1931, January 17, 1908, Image 2

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    NEW CURRENCY PLAN
t
CttirissMi r.wlw Itlirs Sys
tea fir Bank Clrcilatlii.
SECURE! 1Y ASSETS IF BANKS
Banks to Deposit Money With Gov
ernment to Guarantee Both
Notat and Depolt.
Washington, Jan, 0. The sub-coin-ntttoe
of the boose committee on bank
ing and carrency, to which was entrust
ed the (rasalng of a bill to Increase the
elasticity of the currency, reached a
coacloaioa yesterday and will report
favorably to the fall committee a bill
drawn la the main by Chairman Fow
ler, of the comssitUeo. The bill will
be Introduced by Fowler and referred
to hts committee, where It will form
the working basis for the framing of a
bill of possibly the same scope and
tenor.
The bill provides (or the complete
retirement o( all outstanding national
bank bond secured currency and author
ises In lien thereof a currency based
upon general assets of the banks, to be
worked out in this way:
The controller of the currency will
deeisnate throughout the country cer
tain redemption cities, so that there
eball bo a redemption city within at
least 21 hours' reach o( every national
bank. The national banks will indi
cate to the controller of the currency to
what redemption city they wish to be
joined. The controller will then select
a time and place within each redemp
tion district for the organising of that
district In the following manner:
Each national bank In that district,
regardless ol its capital stock, will be
entitled to one vote. Representatives
el the banks will meet at a time and
plaee designated sad elect a board of
saaaagers to consist of seven members.
The sevea will elect a chairman, who
will become a deputy controller of enr
reacy and aweaae control of his re
demption district, except that he shall
set have charge of the enforcement of
the criminal statutes.
Each Bat local bank is aalhorlsed to
present to the secretary of the treasury
Battens bank notes aad lawful money
ia Ilea of other national bank bond sh
eared outstanding Botes. Then, if the
bank's application therefor ia indorsed
by the board of managers of the re
demption district to which It belongs,
the bank will receive guaranteed credit
Botes to the amount of its capital stock.
These notes will be subject to a tax of
2 per cent per annum. Each bank will
be required to deposit as a guarantee
fund with the treasurer of the United
Slates 5 per cent of Its average deposits
for the preceding 12 months and 6 per
cent of the credit notes which It takes
out. The revenne thus obtained Is to
create and support a national guaran
tee land of (500,000,000 for the guar
antee of both the deposits and the out
standing banknotes of every national
bank. Eighty per cent of this fund is
to be Invested In United States bonds
drawing 2 per cent Interest, while the
remaining 20 per cent is to be deposit
ed in banks of the various redemption
cities for the purpose of redeeming the
guaranteed credit notes of the hanks of
the various redemption districts.
When the natlonsl guarantee fond
reaches 125,000,000, which would be
almost simultaneous with the birth of
the new law, the government Is re
quired to return to the hanks the Unit
ed States bonds now held as security
for Federal deposits, the object being
to enable the banks to get control of
the bonds, so that the government can
invest tho 80 per cent of the guaranteed
fond in 2 per cent bonds and regain
control. In buying these bonds the
banks holding them shall be paid tbelr
original purchase price, providing their
exact purchase price can be proven.
It is Fowler's Idea, as embodied In
the bill, to have the new credit notes
printed on a green background in differ
entiation from the yellow background
of the gold notes and white background
of the silver ccrtlcafites.
Tunnel Open for Traffic.
New York, Jan. 0. The first of the
series of tunnels under the waters that
divide Manhattan from Brooklyn on
the one side and from New Jersey on
the other was opened for traffic late
last night, when the initial passenger
train left the Bowling Green station of
the Interborough subway and went the
length of one of the long steel double
tabes which parallel each other under
the river to Brooklyn. The opening of
this tunnel la regarded as a long step
toward the eolation of the transports
Moa problwa of New York.
Battleships Off Brazil.
Fernarabwo, Brazil, Jan. 9. The
.American battleship fleet under com
mand of Bear Admiral Evans, was
righted passing this port yesterday at
jseoa on its way to Jtlo Janeiro.
VERDICT DECLARED VOID.
Court of Appeals Reverses Decision
In Schmltz Case.
Ban Francisco, Jan. 10. "Iho JuJg.
ment and order are reversed and tho
trial court is directed to sustain iho de
murrer to the indictment and dischargo
tho defendant as to such indictment."
This was the decision handed down
yesterday by the District Court of Ap
peals reversing tho judgment of tho
trial court in tho case of ex-Mayor
Schmits, sentenced to flvo years In San
Qaentln ou tho chargo of extortion
based upon the alleged "holding up"
of the French restaurants in the matter
of liquor licenses and setting aside tho
indictment on which his conviction was
had.
The trial was made notablo by the
appearance of Abraham Hart, lire po
litical dictator who controlled the
municipal administration, and practi
cally placed Schmits In office, as a
witness against the mayor, testifying
that he had paid to Schmits 13,500 of
tho $5,000 received by R jof from the
Frenrh restaurants, In order that
Schmits would permit tho board of
police commissioners to issuo liquor li
censes to them. Rue! had, previous
to this, dramatically pleaded guilty to
tho same charge, at the same time
making the enigmatical statement that
he was Innocent.
On the ground that the Indictment
did not show that a publio offense was
committed, becaue it did not allege
any threat to Injure property, the court
holding that a liquor license was not
property, but mere permission: that a
threat to preent the obtaining ol
J liquor llccnso by one who hid no au-
tbority in the premises did not consti
tute a threat aeainst property, end be
cause of numerous errors In the ruling
of the trial judge Superior Judge
Frank II. Dunne the Appellate court
held that the indictment was Invalid
and the conviction null and void. In
effect, the court held that Schmits was
not given a fair and impartial trial.
While the decision was not wholly
a surprise, even to the prosecution, and
had been freely predicted by Scbmlts's
friends (or some time, It did not fall to
cause something of a sensation and was
the sole topic of conversation yesterday.
The decision will hare the effect of
Invalidating the other four Indictments
charging Schmltx as well as Ruef with
extortion, and renders void the plea of
guilty made by Ruef, as the Appellate
court held that no! crime was commit
ted. By this rerertsl It Is feared that the
prosecution has lost its hold upon Ruef,
and it was freely predicted last night
that the former political boea would
now refuse all overtures of immunity,
wholly or in part, to testify in the
bribery-graft cases, and fight every in
dictment aalntt him.
Although the court ordered Schmltx
discharged from custody on the extor
tion indictments, neither Schmltx nor
Ruef can take advantage of the reversal
for CO days, and even then there is
little likelihood that either of them
will be able to get the enormous ball
required for their release. There are
still pending against Ruef 128 Indict
ments) charging bribery, on which the
total ball is 11,170,000, and Schmits
would have to get bonds for (450,000
on the Indictments that remain ogatntt
him. The proi ecutlon has 20 days in
which to ask the Appellate court for a
rehearing of the appeal, and the court
has 10 days in which to decide the mo
tion. The appeal would then go to the
Supremo court, where tho same length
of time would be required before the
decision of yesterday can go Into effect.
Cut Rates on Atlantic.
Liverpool, Jan. 10. The White Star
line today announced a reduction In lis
second and third class passenger rates
from English p)rU to New York and
Boston. This step Is taken because of
the traffic tliat has been deflected from
the veesela of this lino by the Lualtanla
and Mauretania, and tc the refusal of
the Cunard company to concede differ
ential rates for vessels of the Bailie
clsse. Tho second-class fares were re
duced by from f 0 to (7.50 and the
third class fares by from M to (b. The
Cunard company Immediately said
tliat it would meet the cut.
Loeb Goes Into Othsr Work.
Washington, Jan. 10. Investiga
tions In local financial circles by Rep
resentative Smith, of Michigan, chair
man of the house committee on the
District of Columbia, warrants him in
saying that there is to be a consolida
tion of the streetcar companies of the
District of Columbia, and that Wil
liam Loeb, Jr., secretary to President
Roosevelt, is to be given the active
management. , Mr. Smith has been
making Inquiry Into the streetcar situ
ation, with the view of getting author
ity for constructing new lines.
Greene and Gaynor Qo to Prison.
Macon, Ga Jan. 10, Benjamin D.
Greene and John F. Gaynor were taken
to Atlanta today to be placed in the
Federal penitentiary to begin four year
sentences for embezzlement of govern
ment funds in connection with govern
ment work In Savsnna harbor. They
bad been in jail pending an anneal to
the United States Supreme eoort.
I OREGON TTATE if EMS OF INTEREST
NEW KLAMATH INDUSTRY
Stockmen Organise Company to
arata Packing; House.
Op
MerrillThe organiatlon of the Kla
math Packing A Commercial company,
incorporated is about complete. Tho
capital stock Is (500,000.
The company has purchased of N. 8.
Merrill ten acres of land at the foot of
Front street, bordering on Lost river.
The object of tho concern will be to
pack and ship all kinds of meat. Dur
ing the past searon over 25,000 head of
cattle and sheep have been driven
through this city to Montague and
thence shipped to Sacramento snd Oak
land, where they are slaughtered for
market.
There are many conditions which
make this long drive and shipment un
satisfactory. Among these are tho toes
of flesh on the 100-mlle drive, tho dam
aging of meat caused by the goad stick
of the csttender, tho fevered condition
resulting from the close confinement,
tho cramped position In the crowded
cars, and the general unfitness for
market of the four footers upon arrival
at their destination.
The slaughter of these animals In
this county will Insure perfectly health
ful and palatable meat, will eliminate
the shrinkage, and will double the
profits of tho stcck raiser, as he will
receive not only his first profit as pro
ducer, but as a stockholder In the com
pany will receive a second profit as
wholesaler.
Because of the lateness of tho sesson,
comparatively little work can be done
this year, but the company will be put
upon a working basis snd loveral hun
dred head of hogs will be converted
into hams, bacon and lard. Early next
spring conveniences for the preparation
of all by-products will be installed.
MAKE WARFARE ON SCALE.
Marlon County Frultman Learning; to
Fight Dread Pest.
Salem The most practical, interest
ing and instructive discussion of San
Jose scale ever given in Marion county
was heard hero last week when Coun
ty Fruit Inspector E. 0. Armstrong ad
dressed the meeting of the Marlon
County Horticultural society. About
200 growers of Marlon and Polk coon
ties were present, and It was tho unan
Imoos opinion that if similar talks and
demonstrations were gives in every
part of the Willamette valley this win
ter, it would be but a short time until
the great enemy of the frnlt Industry
would be nnder control. That a very
large number of growers do not know
scale when they see It, and therefore
are in a very poor position to fight it,
was evident. Mr. Armstrong made bis
sddress so plain and Illustrated It so
fully that no one who was present will
ever have trouble In distinguishing this
pest.
To Develop Oregon Borsx,
Burns The Oregon Borax company,
of which Joseph Gaston, of Portland,
Is president, has commenced the work
of developing the soda and borax de
posits at Alkali lake, on the edge of
Lake county near the Harney county
a".."' - " -Z '
of lumber ha, been ordered for Prma-
n,n. ImlMlBH. and Bunerlntendent
line at Cray's Iintte,
ZaII Ynnnv. ullh a rtv nf rrr,nrr.. I
if on the K'oand to carry on tho work.
Fa m.lAlltMw Sn tt.u.A nr.n.Hllini !.
sheet Iron for boiling' snd settling
tanks has been ordered in California
snd will be shipped up to the l.ko by
the nsrrow-gaugo railroad from Reno
to Alturas, where the Unks will Lo,TJ?" 'V
constructed on the grounds.
Beets Do Well In Klamath.
Klamath Falls That Klamath basin
Is to become one of the lending sugar
beet districts of the country is evidenc
ed by the results of analysis of sugar
beets just received from O. O. Town
send, pathologist In charge of sugar
beet Investigations of the Department
ot Agricullnte at Washington. The
sample sent was of three beets grown
on a test patch of a qusrter acre of land
a mile from Klamath Falls, on which
wss produced 8,385 pounds of beets, or
nearly 17 tons per acre.
Laying Out Reclamation Work.
Klamath Falls The reclamation ser
vice has several surveying parties lay
ing out next year's work on the Kla
math project. One party to now en
gaged on the second unit in tho Olene
district, while Engineer Sargent has a
force on the extension of tho Keno
canael, paralleling the Klamath river,
south.
Hides Take Big Drop.
Pendleton After tho highest prices
ever paid tor hides in Eastern Oregon,
in the past eight weeks, prices have
now dropped to the lowest price known.
Only a few weeks ago dry hides were
quoted in this city at 18 cents
pound. Now dry hides are worth
pr
but i
if cents and green hides hut 4 cents.
I wool Eastern uregon, average best,
13020c per pound, according lo shrink
naiero v. rv. emion dm bisu age; valley, 1820e, aoeordlng to fine
copy of his petition for Republican ness; mohair, choice, 29030a per
nomination for United States senator. pound.
DALLAS AFTER A CANNERY.
Frultmen Uelleve lhay Will Have a
Market for Crop.
Dallas A committee appolntd at tho
meeting ot tho Horticultural society
last week for tho purposw ot swurlng
tho co-operation of the fruit minors of
this vicinity In the establishing of a
cannery nt Dallas, is hard at work.
With the exception of the bcrrycrop,
sufficient fruit is raised within n radius
of live miles around Dallas to easily
support a cannery, and It Is Mleved
that the establishment ot that Industry
In this city will result In the planting
ol enough of the small fruits to keep
tho cannery in operation during the en
tire season each year.
A company will be formed and the
farmers, fruitgrowers and business men
will bo solicited to tako stock in It.
Heretofore tho fruit crops ot this vicin
ity were shipped to tho canneries In
Salem and Newberg.
Many Counties Represented.
University of Oregon, Eugene The
following table, taken from the records
ct the register's office, shows tliat the
students of the Unlwrslly ol Oregon
como horn every county In the state.
mere are now in nuenuanco in uie De
partments at Eugene, exclaslvo ot mn
sio, 400 students, which Is the largnet
body ot students ot college rank enrolled
In any institution In Oregon. Tliat
they are not from the hemes ot the rich
is shown by tho tact that nearly 70 per
cent of them are either wholly or par
tially earning their own way. Meet of
them are registered from the smaller
cities of the state thst support good
high schools. Tho following counties
are represented Baker, Clackamas,
Clatsop. Columbia, Coos, Curry, Doug
las, Gilliam, Grant, Jackion, Joseph
ine. Klamath, Lane, Linn, Marlon,
Multnomah, Polk, Sherman. Tlllamock,
Umatilla, Union, Wasco, Washington,
Wbashlngton, Wheeler, Yamhill.
Cow Earns Her Fsed.
Oregon Agricultural Collcgv, Corral
lis A five-year-old llolitoln at tho
college dairy made a milk yield of 13,
744 pounds for the year ending Decem
ber 31. The product carried a butter
fat reccrd of 440.65 pounds, and yield
ed 520.07 pounds of butter, that at
prices current during the year brought
(170, She wss not pushed in the feed
ing, but given the ordinary rations In
cident to any well-kept dairy. Her
food for the year cost (40, leaving a
net profit ot (ISO.
Big Milton Ranch Sold.
Milton For the price of (28 602.60
Henry L. Frailer, of Milton, tuts sold
his ranch near this place to William
II. Harder, and the deal represents one
or the blsgost individual transactions
made in this section of the country for
many months. Tho Frailer ranch is
located just southwest of Milton, and
contains 240 acres of wheat land. This
sale also InrluJed the Fransler resi
dence in Milton.
PORTLAND MARKET8.
Bulter Fancry creamery, 32UQ35c
Per pound.
L - JM ' i?,)?
15 Pnds, 7c; 160 to 200 pounds. 6
0f
Poultry Average old hens, 401fo
per pounds mixed chicken, 14a; spring
Lnv"'"i LXAfl'.
wl chfakens 14a lorkg-. Ihw, XB17t
U'lJST't'lSiM.
10?' ':; 15f &""
KgkS Frevh ranch, candled, 200
32c per dozen.
Pork Block, 763160 pounds, 6X0
7)e.: packers, oX7Xc.
Wheat Olub, 84e; bluestem, 80c;
valley, 84c; red, 82c.
Oats No. 1 white, (27 .80028 gray,
(27X0028.
Barley Feed, (27 per ton; brewing,
(32; rolled, (30.
Corn Whole, (32; cracked, (33.
Hay Valley timothy, No. 1. (18 per
ton; Etstetn Oregon timothy, Vi(&TH
clover, (16; cheat, (16; grain hay, (16
010; alfalfa, (15; vetoh, (14.
Fruits Apples, 76c(2 per box;
peaches. 76c(2perrrste; pears, (1.25
01,76 per box; cranberries, (0.60012
per barrel.
Vegetables Turnips, 76o per rack;
carrots, 66e per sack; beets, (1 per
sack; beans, 16o per pound; cabbage,
lo per pound; cauliflower, 76c8(l per
dozen; oelsry, (3.263 60 per crate;
onions, 1602Oo per dozen; parsley1,
20a per drzon; peas, 10a per pound;
peppers, 8017c per pound; pumpkins,
ll)tfo por pound; radishes, 20o per
dozen; spinach, Co per pound; sprouts,
8010c per pound; squash, Italic per
pound; tomatoes, (2 per box.
Onions (1.0001.76 per hundred.
Potatoes 4 O0(JOo
per hundred, de-
Jlvorod Portland; sweet potatoes, (2,76
03 per hundred.
Hops 1007, prime and choice, 60
7a per pound; olds, l2o per pound,
VESBhL IS SAFE.
Steamer Mount Royal Encountered
Severe Storms.
Quecnstown, Jan. 8. Tho long over
due Canadian, Paolfla strainer Mount
Royal steamed slowly into qiieeustawn
today, ami the news of her safety wss
received with gladness in shipping clr
cles. She had been last reported oft
tho Lizard, December 10. and watch
was being kept for her ou both sides
ot the Atlantic, and as tar south ss
Bermuda. She left Antwerp December
7 for St. Johns, N 11. She had on
boa id 300 ihinirarUn emigrants and a
crew ot about 100 men.
Bhe was definitely sighted off Old
Head ot Klnaalo, 10 miles west of this
port, early today. Bhe was then pro
ceeding slowly under" her uwn sleam,
and signaled that she was coming In
hero. She declined tho help ot a tug
sent out to sstist her, snd came In
alone.
Trouble with her boilers was the
reason the Mount Royal had to put
back. She Is nt best a slow boat, and
shortly alter leaving the British coast
she encountered a series ot violent
gales. She battled with tho heavy
westhsr (or a fotlnlght, until Christ
mas eve, when serious troiiblo with her
tollers developed. The steamer was
then In longitude 24.61) west and lull
tude 43 north. The engine room stall
ultimately got up strain, but In view ol
the weather the captain made tor the
Irish const. Passengers and crew aio
welt.
The Mount Royal officers described
tho wealher of! Lizard as the worst ex
pericttcod on the Atlantic formally
years.
HAVE PLENTY OF MONEY.
Petition to Havs Standard Oil Bond
Increased.
Chicago, Jan. 8. District Attorney
Edwanl M. Symrs) filed a petition to
day In the United States court ot Ap
peals, declaring that the Standard Oil
company, of Indiana, has ssasts
amounting to mote than (27,000,000,
and asking for an Increaso In tho tuer
sedras bonds of tliat corporation filed
on its appeal from the (29,240,000 fine
Imposed by Dlsti let Judge Landls.
The government renewed its original
plra that the bond ol the oil company,
pending dlipoaal ot the appeal, should
be the same In amount as thn fine, It
was originally Used at a total of (fl,.
000,000, on statements by attorneys
for the defense lhat the propeity of
tho company at Whiting, Ind., would
bo worth bnt (2,600.000 to (3,000,000
If sold at auction, The other holdings
of the company wero alleged to be
worth, on the same basis, little more
than (3,000,000 to (4,000.000. Tho
government now charges that the actual
value of the company's property sub
ject to execution Is largely In exreis of
(3,000,000 and the profits of the com
pany for tho throe years embraced In
the Indictments sgalnst it were (23,
007,120, and that the profits ol the
company for 1000 alone the year In
which the Indictments were returned
were (10,610,082.
PLUNQE OFF BRIDGE.
Wrsck
on Southern Railway
Three and Hurts 80.
Kills
Atlsnta, Ga., Jan. 8, Rnnnlng at a
speed of 30 miles an htur, the second
section of an excursion train on tho
Southern railway from Clsvuland,
known as tho Collvor Special, and
bound tor Florida points, plunged
Ui rough a trestle ovtr Copper Mino
creek, about 30 miles) west of AtlauUt,
today, and as a result, thrre persons
are dead, two others fatally Injured and
80 passengers "weie so seriously Injured
ss to require medical attontlon.
It was nearly midnight when the
Southern railway relief train reached
Atlanta bearing the body of Engineer
James IVIwards and shout 60 nl the In
jured, among whom were Mrs. Emit
Hoover, of Columbus, Ohio, who Is In
a dying condition, and Florence A. Stu-
debaker, of Cleveland, internally In
jured and probably fatally hurt. Fore
man of Engines Sohnapp and the negro
fireman, Mose Baldwin, died noon
alter reaching the city. Many of the
other injured weso lifted from tho car
window in Atlanta and conveyed to
hospitals, while some ol tho hurt wsro
able to take cabs to hotels.
After Government Land.
Denver, Jan. 8. Half a dozen suits,
naming more than three score defend
ants, for the xecovory of thousands of
seres of land estimated to bo worth
sotcral million dollars, wore begun to
day by the government In tho Fedora!
court hero The mon accused ol tim
ber, coal and other land frauds In tho
Indlctmonts recently quashed by Jndgo
R. E. 10 wis are dofondants In tliesu
suits. Should the govornmont win In
the present proceedings the lands In
volved will again be placed in tho pub
lic domain and thrown opon.
Ontario Votes on Local Option.
Toronto, Out., Jan. 8. Local option
wss voted on yesterday In a number of
small towns, villages and townships in
Ontsrlo. Returns from 68 show tliat
it was defeated In 87 and oanled in SI.
WARNIli TO JAPAN
Root Says She Must Stop Flood
ol Coolie Immigrants.
EXCLUSION LAW MAY BE PASSED
Japanese Government Attempts to
Adroitly Dodge Issue Moot
Staves Off the OrUls.
Wshlnston,Jan, 11. Negotiations
between the United State snd Japan
have readied a serious staga, While
war at an eventuality Is not sorlomly
apprehended, largely because of Jan's
unprrpa reduces, It Is known lhat the
historic friendly relations air strained
almott to the point of breaking.
The otlVotal denial given nt the State
department ol cabled reports of de
mands having been made upon Japan
are literally true In a diplomatic- srut,
but tho denial, In
"..
a measure, Is an
evasion,
and the
reduced
Tho "oral mrronUtlons"
ichange cl ''memoranda,"
to plsn Hngllsh, mean juit
uu:
Ambaisador O'Hrlen, nrtlng under
Instructions, has, since reaching his
post last Octobsr, been attemptlrg to
secure from the Japanese government
MtUfactory aemancr that under the
pledge given at the time ot the are
ot the Immigration law last Fohrtiaty
the Japanese government would rusiit
In reslilctlng the emigration lothlt
country of objectionable) Japanese
labor. Twice has he roinmtinlcatrd
to Secretary Root replies obtained Irom
Count llayaskl. In which the Japanese
government attempts adroitly to dod
the Issuo.
Mr. Hoot has submitted to the Jsp.
ance government, through Mr. O'
Hrlrn, statistics prepared by the de
partment ot commerce and tabor, show
Ing that the Immigration of the um!
slrsble class ol Jspsneee slnee the
Japanese government gave Its promlsi
lis lxn monthly at least twice as
larse at before the promise was given,
and during some months four timet ss
hug.
The presentation of rold statistics
showing Isslly, coupled with the Inll
mstlon Hist congress msy adopt more
stringent measures, possibly an eiclu
i Ion law, hroguht from tho Japanese
government the second reply, which
reached Mr. Root a few days ago In the
form of a rsblrgtsm which cut several
thousand dollars.
Mr. Hoot Is now preparing an an
swer, with the aisltlsnce of sevrral ei
pert In Orients! affairs. Tho Japanese
government will be Inlorncnl Hurt
aasoranre cannot be glten tliat an ez
elusion act will not be passed,.
but that the administration
will eierolse Its Influence to nrevrnt
such legislation, II possible, pending
tieitntlatlons.
The Issue In ortklal clrchs In Japn
lias caused acute agitation, and tx cause
of the strained condition of nflalrs, Mr.
Root will not unnecetiatlly pirolnllsto
matters, with the Iwltlrshlp licet to far
from Its bate In tho Pacific.
Etttmatss Too Low,
Washington, Jan. 11. Itocauro cl
ihnnvvd conditions fnun thoto exlitlng
In 101)5, when tliemlnorltrof tlielx.md
of consulting Mutineer of the Pana
ma cannl submitted Its rejxnl.'lt Is now
admitted In rcspontlhlo iiiartois that
the estimate made by that renirt for
building the cannl was far too low and
tliat Iho coat may apnruilmate (200,
000,000. Olils Includes various Inci
dental Items, such as sdmlnlitrallon,
sanitation snd Improvement aggregat
ing several million of dollar In Pana
ma anil Colon, which, however, will bo
refunded by tho Panama government,
and the oipenira of the zone govern
ment and various oxpeu'c inaldniial
to tho relocation and acquisition ol tho
Panama rallnad.
The estimate ol the hoard In 1006
was that tho cost would be (130,
706,200,'biit this ostlmato did not In
clude expenses on ncenunt of Intercut
during construction, sanitation and
zouo government,
Rant Strikers Evicted.
Now York. Jan. 11 Rluhtv evic
tion of East Sido tout strikers took
place today, and Monroe street wss
filled with a plcturetmio litter of dis
placed furnishings, It In hollo vod that
the strike situation Is now near n sola
tlon, and olalms of victory aro being
made by both sides. Tho Indications
aro that tho honors sro altout even for,
although most of tho tenants paid tho
rent atked when thoy saw that eviction
was Inevitable if they longer refused,
others obtained concosiluns from land
lords. Withdrawing; Troops From Muncle.
Munclo, Ind., Jan.l 1. Major Gen
eral MoKeo Issued orders this afternoon
for tho return to their homes of throe
cornamilcs of mllltla now In Muncle.
Stroet cars sro now rnnnlng on normal
schedule,