0 0 ALB AN Y DAILY DEMOCRAT Established in 186S Beat Advertising Medium In Linn County THE WEATHER Occasional rain tonight and Friday. VOL. XXVIt. ALBANY, LINN COUNTY, OREGON, THURSDAY, FEBRUARY 25, 1915. No. 249 v CITY COUNCIL IN Much Business Transacted at Last Night's Bl-weekJy Meeting. OFFICE OF CITY DOG CATCHER IS ABOLISHED New Hose and Apparatus For Fire Department Is Authorized. Thr lily council met in rcgular'sc ioii last night ground out i lie regular routine business. Two new Kn were authorized, bids accepted on two more, new apparatus orilcreil (or the (ire department and a can tied to the ollicial dogcatchcr. There was plenty ol oratory on U, opecial ly in renard to the latter matter. Mayor Curl called the meeting to older at 7. o'clock. The report ol the committee on account and cur rent capcuic wa adopted, allowing claim lor labor. auiliea, meals (or the Corvallis ire depantmrit. dnd miscellaneous Item, amounting to about SJMI.MI. A petition from T. I', llackleman (or permission lo extend a lateral ewer in llacklcman't Add war grant ed. The recorder wa given authority to purchase a model No ID Kerning ton typewriter (or $o5 (rom C. C. Kawliugs. Hull were opened (or the construc tion of an 8 inch lateral trwer be lliniiing at the manhole in the Oak atreet trunk aewer between Front anil Water streets and running weaterly at run Oak atreet, through the cen ter ol block 2. to within 40 (eet of thr cut line o( Main street, and for an eight inch lateral beginning at the u.inholc in the Oak itreel aewer where aaid aewer croMea Santiam load and running thence southeaster ly on the same angle aa said Santiam road a distance of HI5 (eel. The (irii contract wai awarded to McAliiter A Walton lor $.W8.5t; anil C. ,M Swartly got the arcond at $524. Certified checki accompanied all bid. All hidi were below the city eiigineer'a etimate Work ia to be completed by Atiril 15th. iFive hilla were introduced by Councilman Henry Lvons for the con triiction ol aewera through block 2 and 9. llackleman a Third addition, and through a tract beginning at a manhole in Oak atreet aewer where aaid aewer crosses Santiam Koad and running thence southeasterly on aame angle aa Santiam Koatl H15 leet. A resolution, waa .introduced by Councilman Carter, requiring the city engineer lo furnish specification and approximate cot ol a aewer from a point on Calapooia creek along n feas ible route to a point at or near the north end of Collage street and thence loiilherly along aaid Collage atreet and along Takena street to a noint at or near the north line of Klamath tired. The roolution waa adopted and the engineer initructcd to Jiavc plana prepared by March 24. On motion of Councilman I'feiffer, the committee on fire and water wa nuthorired lo purchase I5 (eet of hoe and allowed $15!) to buy other small apparatus. The A. G. Long Company will present the city with a circulating nozzle. Councilman I'feiffer auggesled that the Corviillit fire department and oth ers to whom the city I indented on account of the Hamilton store fire, he compensated. The motion of Mr. Tfciffer to abol ith the office of city pound master brought out some lively discussion Poundiiiastcr F.ndicott spoke in his own defense with some heal. The motion was finally carried by a vole of 4 to 2. Councilman Richards moved that the recorder extend a vote of thanks to the Corvallis fire department (or their splendid serfices during the (ire in the Wallace molding. Chief hast burn explained that they would accept no money. FAMILY IS IN NEED OF F000 AND MEDICINE At the council meeting last nigh Councilman Henry Lyons Hated that a family residing on. Jackson ilreet, between rirsl and Second, la In im mediate want of food, medicine and clothes. The father is sick, iirahle to vork an. I ia In distress, with his wife and Iwo or three children. It was the opinion ol the council that this is a matter lor the county court, out the matter was referred to the ways and means committee. Parlies caring to go to t lie iininedi aler relief of this family may get in touch with them through Councilman Lyons, or by going direct to Hi house. CIRCUIT COURT DECISIONS IN JUDGE KELLY'S DEPT. elkins Convicted and Parolled Other Cases Decided; Bank Appeals. The grand jury yesterday returned an indictment against Floyd Filkiu. aged 24. charged with larceny from a dwelling. The case was immediately taken up by the supreme court and 'ilkins was sentenced to serve an m- dtleriniii lie sentence In the pciiitcn- lary of from one to seven years low ever. Judge Kelly paroled the young man, and ordered him to report lo the court once a month In the rase ol Ralph McKechnie va L. McCoy. Judge Kelly granted a nontull on motion of the plaiirtiff. In the case ol S. I). Olmstead vs. : i lia Tracey. et al. iioii suit was granted on motion of Ilie plaintiff. In the case ol J. I.. 1 oiiiimson. el ai. . I no K. Schullz. non suit wa granted on motion ol the plaintiff. In the case ol W. r. I earce vs. Ida Mac Fletcher, et al. non suit also granted. In the case ol loliiison-liraillorn Sale Co. vs. D. M. Cooper, the motion and demurrer 'were overruled. The etate of A. W. Sialolith ol I'.rownsvillc. amounting to $5 has been tiled, and W. C. Siandish ap pointed administrator. .Notice ol an appeal was nieu wun County Clerk Kuxcll by the First Xalioinal Hank againvt the assrstmeut or the vrar 1914. 1 Ins mailer was roughl lo irail October HI. 1914. and decision rendered by the hoard ol equalization, ordering the bank lo pay the assessment of the shares ol stock at axwC.JOX l nc oaim. iiirougn its attorneys, Hewitt and Sox and ( .. Schmidt, filed nonce ol appeal lo he supreme court. OBJECTS TO VAN WINKLE S RECENT MOON STORY San Diego. Cat.. Feb. 23 Your ar ticle of a short tune ago, in which was given the statement of J. S. Van Win kle, with regard lo certain aspects of the new moon, as indicating the wea' tlier. causes me to come to the con elusion that my old friend Van has gone olf after fal.e gods. When he and I used to do business next door lo each other, and together initiate Maccabees. 1 thought he was pretty square sort of a man. but now, that lie naa lattcn over io naai nd Ashlavolll well, I don't know about it. He in Albany, and I in San Diego. are supposed lo have the same moon. Just like all those Christian over in rurope. tearing away at eacn others throats, are praying for success to the same Cod. Here in San Diego, when the new moon lies Hal on its hack, with its chin sticking straight up in the air at one end, and its toes in a iindar position at the other, it means rain and lots of it. To prove my assertion, I will state thai both the new moons of the mid dle of January and the middle of Fcb- Miary, lay flat on their backs, and we have had the wettest five weeks that S in Diego has seen for ten years. And the February moon indicates that there i more to come. Also, the weather m Oregon, since the January moon ha not been very dry. Alt California has had a surplus of rain niiice January 15. . Ilul I m going to give my Iriciut Van Winkle the benefit of the doubt, and admit that he got his piophecy twisted, or perhaps was misquoted. Here is the Indians method tor de termining the weather following the new moon: If you can hang your powder horn on the points of the new moon, slay in the wigwam neap ram. If not, then go out on the chase no ram. Trusting this key will assist your readers in remembering which it a "wet and which a dry moon and it does really seem lo have some signi ficance, I am, Yours truly, C. S. HARN1SH Bombarded By Aviator. By United I'ress Association) I'aris. Feb. 25 Frenc haviators yes terday rained 60 bombs on the railway station in the Champagne region where the German troops were con centratiuu. according to an official statement. The trains were loaded with troops when shelled, and were in confusion, the dispatch said. The Germans failed in their attempt to re cover lost ground. Artillery duels are in progress at Lomhacrtzydc, the statement continued. Another Steamer Sunk. (By United Press Association) London, F'eb. 25. 'The British steamer Deptford was sunk off Scar borough today. Whether it was struck hy a mine or was torpedoed by s German submarine it not known. One, member of the crew was drowned and the others were' landed safely. A British steamer on the western coast was sunk by a German mine or torpedoed off Beachy Head yesterday, it it learned. The crew and passen gers were reported landed at Portsmouth. 0. S. MAY USE E Talk of An Embargo on Ship ment to Nations at Warfare in Europe. CONSTANTINOPLE NOW IN TREMBLE FEARING ATTACK Russia Admits Backward Move ment, But For Strategic Purposes. (By United Press Association) Wellington. Feb. 25. The United State government, may summon hun ger as in ally to bring England and (ierniany to their knee in the situa tion which has earned the German Mibinari ies' warfare on merchantmen and hi threatened American com merce. 1 hi is unconfirmed, but a hint in heard in official circles. Those standing sponsors of the suggestion declare the president may establish ;n ainijlil embargo on the exporta tion ol foodstuffs either to Germany or the allies, unless all are involved in the dispute over the right lo rc icive foodlu(f for civilian agree lo the demand made by this g. em inent. I'rominent member are urg ing ilie president lo take such act'on. Constantinople Fear Attack. Athens. Feb. 25 Constantinople, which has expected an attack hy the allies, is preparing to meel il, accord ing lo dr. patches from the lurku.i capital. All records of the govern ment and crown jewels have been re moved lo the interior ol Turkey. The leading families of the capital have arranged to flee. There is great alarm in Constantinople, due to the report that the Russians are about to cross the Hlak Sea for an invasion of Tur key wilh the object of delivering a crushing attack against Constanti nople. . . , " , A Fortress Stormed. Berlin. Feb. 25. The Russian re serves stormed the fortress Prraanysz and took more lhan lo.tssj prisoners, according to an official statement. The statement say that the Germans hurled themselves ag:iinst the fortrca and took it by storm. Five thousand Russian were captured in the vicinity of N'ovo Georgiewski. The statement admitted that Ihe Russian occupied Nogily, southeast, of Hoi) mow. Great Battle Raging. I'elrograd, F'eb. 25. A great battle is raging east and outh of Stainslau and in the eastern Carpathians. Mea gre dispatches say that il overshadows the development in Poland. Austria is reported lo have massed a great army and will attempt to cross the Dneister at Mainz in an effort to reach Lcinhcrg. Advices indicated that the Russians are. retreating upon llaliti for strategic reasons. Lafollette Seamen's Bill Adopted Washington. Feb. 25. The house by viva voce vote adopted the confer ence report on the LaFollette sea- men's bill, sending it to the senate. THE LIRRARY WILL HAVE A SHORT STORY HOUR Short storv hour at Library, Friday 3:45 p. in. Miss Orali llarkness, so well known at a Chautauqua reader, will give the program. Among the stones she will tell are the following "Why Bohhy Coon has Rings on His Tail": "How Old Mr. Squirrel Learned to Care.": "Why Peter Rab bit Cannot Fold his Hands. Child rcn are requested to come in nt Third street entrance. It will be in audi torium. HAMILTON STORE GETTING READY FOR REOPENING An interesting place it the new store room of L. E. & 11. J. Hamilton, in Ihe Rhodes block, where the full force of clerks is busy getting ready for a big fire tale. The insurance on the stock burned has been practically all settled and allowed in full on ev erything but a small item of two or three hundred dollars. The slock saved, il transpires, will be quite an item in amount, making n good showing as it is placed on the shelves and in the canes. It wa thought the store might again he op ened on Saturday of this week: but this hat been found impossible. Next Thursday, March 4th, ha been tet for the ttore to reenter business, and it will then do so with a big fire sale, to be followed with a fine showing of -rii ;r mil summer goods MORE ENTRIES FOR MARKET DAY RECEIVED Much Valuable Stock to Be Put Up, and Entertaining Pro gram Prepared. More entries for ihe stock sale Sat urday were received today by Secre tary Ste vari, of the Commercial club. F.vcrythiug points to a very successful sale, and rain or shine, there will be a large crowd in town says Mr. Stew art. However, the committee is hop ing fpr good weather, for they are anxious for the first sale to be a suc cess in every way. The value of the stock now listed runs over $501) More entertaining features are be ing worked out, and the people who visit Albany Saturday will not only profit from the tale but will be treated to some good entertainment at the same time. The parade will start al 10 45 a. m.. and from them on there will be something doing every miiiulc. FEAR ATTEMPT TO RESCUE THE TIMES DYNAMITER Detectives Had to Hide Him; the Case Is Cause of Great Interest Everywhere. (By United Pre Association! Seattle. Feb. 25. Because they feared an attempt at rescue, the Burns detectives early this morning spirited Dave Caplali. charged with murder in connection with the l.os Angeles dy namiting, away to the jail at Port Orchard. It is believed he was brought by a launch to Seattle and put on the train for Los Angeles. The deputy is protecting Attorney Becker, of Los Angeles, who accompanied the party, Fx tradition papers were grant ed by the governor of Washington. A M0RNIN6 MUSICAL AT TREMONT HALL This morning ait Fremont Halt. few invited guests were given the priv ilege of hearing Mrs. Harry B. Cusick a local recital. Mrs. Cusick has a beautiful contra! to voice which showed to goon ad. vantage in the songs she chose for this, her first appearance a a vocalist. The recital wa under the direction of Mrs. Mo. with Miss Blanche Ham- mcl a accompanist. The following wa the program: The Flower that I Gave You Rog ers. I Hear You Calling Me Marshall Mclisande Wood. A Garden Romance Shaeffer. In Ihe Time of Roses Reicharett You. Dear, and I Clarke. Little Grey Home in the West Lohr. Where My Caravan Has Rested Lohr. HON. S. 6. IRVIN RE TURNS FROM LEGISLATURE Hon. S. G. Irvin.. of Newport, joint representative in the legislature from Polk and Lincoln counties, passed through the city this noon on hit way home. Mr. Irvin consider the past session one of the most successful in the history of the state. "We accom plished more by not doing than by do imr. Manv necdlets bills were killed, and much malicious took imr legislation was nipped in the bud. Altogether it was a good ses sion." Mr. Irvin predicts a good tea- son for Newport this year. Numerous improvements are being made about town. The Odd Fellows will hold their grand lodge in Newport this soring. This is a return engagement, for the lodge was so well pleased with the treatment accorded them on their last visit there that Newport had no trouble in landing it a second time. Newport will hold a Chautauqua in lulv. The sum of $1000 was raised in two days to guarantee the expenses, oi the attractions. Passport Fraud Investigated. fllv I'niied I'ress Association) New York. Feb. 25. Loc.-l federal officials who are investigating the passport frauds which resulted in the arrest of Richard Slcgler and Gustav Cook, and charge that Ihe German consnired to obtain false passport for use by sides, have let it be known that they ask official at Washington to investigate the alleged connection of Captain R ISoy-ed with the case. Bov-ed is a German naval attache, charged hy Stciglcr with arranging fraudulent passports wnn wiucn nteig ler was furnished for his trip to Eng land. The New York officials were unable lo investigate the case proper ly because of his official connection with the German embassy. They be lieved that Bryan, if he find the basis for the charges, should demand the attache s recall. FIRE DEPARTMENT Council Directs Fire Committee to Buy Supplies on Chief's Recommendation. WILL PURCHASE 1500 FEET OF BEST QUALITY HOSE Modern Machinery to Be Pro vided and Basements Are Ordered Cleared. Even great dia!ert have their" good point. So it is with the lire n the Hamilton store recently. vvnne he result of that blaze were bad nough. in the language of Fire Chief W. A. Easiburn. "It might have been worse." Chief Kastburn. at the coun- il meeting last night, pointed out that he fire department hat only about INI) feet ol good hose on hand, while Corvallis maintain a supoN of 4HJJ ftet. Had the recent fire spread be yond the one store, there would not have been enough hose on hand to combat the flames, and the whole block might have burned. The chief stated thai Albany should have at least J" feet on hand, and after talk by Councilmen Pieiffer. Lyon. Tweedale, Mayor Curl and 11. D. May, of the A. G. Long Co.. ol Port land. Ihe committee on fire and water wa authorized to purchase 1500 feet of the bet quality of hose. The turn of $150 was also appropriated for the purchase of smoke helmets and hy drant gates. Mr. H. D. May. of the A. G. Long Co, demonstrated the smoke helmet. This contrivance consitt of a canvas helmet which fit tight over the head and shouldeia and prevent tmokc from reaching the face ot the lireman. Air oidcs reach Ihe floor, where there is alwavt the freshest air in case of a fire. Hut in case ot smoke on tne floor the apparatus may be corked up. It is said that a lireman can lo et- ft dive work for filticn minutes on the air inside of a helmet. Chief Fiastburn stated that the pres ent hydrant system is very much out date. N hen additional hose being coupled onto a hydrant the en tire force of water must be shut ott. Four hydrant gates will be ordered. ith winch it will be possible to op erate several lines of these nose Irom each stand without intertcring with each other. Another much neeoed piece which the Long Co. will present to the city it a circulating nozzle. With this noz zle it is possible to fight a fire in a basement when all entrances are closed. With this nozzle Chief East- burn says that he could have con- troled the blaze in Hamilton' base ment in fifteen minutes. The appara tus can be put through a hole cut in the floor ot a burning building, and throw a fo of water for twenty-five tcet in ill directions. At the next meeting of the council action will lie taken to give authority to the fire chief or some other person to compel entrances kept clear in all buildings, and prevent the accumula tion of inflamable ma'.erial in base ments. DEATH OF ONEOFORECON'S BEST KNOWN PIONEERS Salem, Feb. 25. John Minto. on of the most revered pioneers of the state died at the age of 92 today. The life of John Minton since his arrival in Oregon when a young man would read like a story hook. It was full of adventure. The famous Minto pass was named after him, and he has always taken a deep interest not only in it but in all things working for the upbuilding of Oregon. EVANGELIST SOGGESTS SCARING DEVIL TO DEATH - . . , , The revival meetings at the South Al. c. cnurcn .are gelling unuer way with a jump. Last night Evangelist Law preached on the words of Jesus. "Take ye away the Stone." This was a sermon to the Christians, and he struck out straight from the grave of Lazarus. Whenever Ihe church, or as many of its members; as are present tonight get really awakened, and are willing to get others saved like they work at their own buiness. a situation wilt develop that will scare the devil half to death. The trouble it people would rather go on sitting in the sepulchre of their tinclcanliness and unworthi ress than to be disturbed put of it, and whoever makes them see the need of cleaning up is liable to make them very mad and unnay them greatly, and shock their sense of the beautiful. Gazette-Times. PRETTY COAST SCENERY BY NEWPORT MAN A Collection Being Shown at Library Worthy of Inspection; Thomas the Painter. All lovers of coast scenery will be greatly interested in the collection of photograph now on diplay at the public library Thee ipicturrs are loaned by the Albany Art Craft. They are the work of A. L. Thomas of New port, Oregon, whose artistic percep tion and skillful workmanship are at tracting the admiration of connois seurs in this line of art, at great dis tances from the modest little town in which the work is done. Mr, Thomas was born at Salem and moved, when quite a young a boy to Newport, where he engaged in the work of a lapidary; perfecting and enlarging this business until it now stand among the belt along the coast. In the meantime, photography oc cupied Mr. Thonia' spare moments at first, merely as a recreation, and later, as the possibilities afforded by the rug-zed coast, the magniiicence of ocean and sky unfolded to eyes be coming trained to see the artistic ! he decided to make it a serious occu pation. Mr. Thomas has many ad mirers who see no reason why his wonderful pictures should not become as widely known and loved a are the famous pictures of Wallace Nutting. Higgins. or the Knaffle Bros. Eleven Steamers Sunk. (By United l'res Association) London. Feb. 25. F'leven steamers are known are known to have met dis aster since the German submarine campaign was inaugurated. They were either torpedoed or struck by floating mines. At le?st three vessels are missing. I he uerman government officially declares one British trans port sunk. WO STATES ARE MOST PROSPEROUS ' The East will have to revise its no-' tion of the relative degree of sanity in the various states. The idea that , the West and Southwest are "era- zier" than the rest qf the country s given a knock-out blow by statistics just issued by the federal census bu-! reau. In spite of the impression that the legislative performances of Oklahoma 1 have given more conservative com munities, that state stands forth on the census books as almost incredibly sane. It has only 67 lunatics to 100, 000 people, whereas wise and super cilious .New iork has live times tnat ... ... many. -New .Mexico wnn one-iemn of one per cent less mental disease than Oklahoma, leads the country in ".vThe foundation stone of our national in tellect instiiutions, is the crazies slate in the union, with 343 lunatics per 100.000 population. There is one place in America, how ever, suffering more from mental ab errations than Massachusetts. You'd be likely to guess it. first crack. It's the District of Columbia. In that district which is to say, in the city of Washington 729 persons out of every 100,000 are in institutions for the insane. Let us not be so unkind as to intimate that still more of 'em ought to be there, and let's not in quire whether the capitol is listed among such institutions. The mat ter is serious enough as it stands. The general conclusion to be drawn from the report is that there is more insanity in the East than in the West, more in the North than in the South. more in the cities than in the coun try, and more among old people than ' amonng the young. As for any par ticular state or section, the newer it is the greater degree of mental nor mality aud health one may expect to find there. Statesman. Two Portland Women Killed. Hilo, Hawaiia, Feb. 25. The auto mobile carrying passengers from the steamer Great Northern to Kilaueu volcano swidded off a grade yesterday, instantly killing Mrs. F. M. Rule and Mrs. Miles Bell, of Portland, and the native driver. Portland. Feb. 25. Mrs. Bell is 62 years of age and wa an Oregon pio- j neer. Mrs. Rule was a widow, aged i mi, secretary to Amen n. vousurs. tne ! district fiscal agent of the forest serv- O. E. Sleepers Suspended. Sleeping car service on Oregon Electric Owl trains will be suspended temporarily until about March 13. Last trip leaving Portland Wednesday, February 24 and Eugene 12:05 a.' m. Friday, the 21st. Oregon Electric Ry., H. S. Logan, agent. f24-26ml Neal Bain left for Newport this morning for a few days' outing at the beach. Miss Ilcrnice West, who has heen visiting at the home of her uncle, E. N. West, left for Portland to meet her mother. Homer Spear, of Tangent, passed through the city today. LEO FRANK'S CASE ARGUED TODAY Frank's Life In the Hands of the Supreme Court of the United States. 3TIMESSENTENCE0 TO DEATH HE MAKES ANOTHER FIGHT Many People All Over Country Believe Frank Is Innocent and Conly Guilty. Leo Frank's Fight for Life. April 26. 1913 Mary rhas?n. 14, slain on Confederate Mem- orial Day in National Pencil Factory, Atlanta, Ga. ' April 29 Leo Frank, factory superintendent, and James Con- ley, negro sweeper, arrested. May 24 On Conley's evidence Frank indicted. July 28 Frank's trcit begun. Aug 25 Vcrdis; "guilty." Aug. 26 Frank sentenced to hang Oct 10. S Feb. 17,1914 Georgia supreme court affirmed conviction. March 7 Frank re-ientenced to hanfi April 17. June 6 New trial denied. ' Nov. 14 Georgia supreme court affirmed refusal new trial. Nov. 21 Justice Lamar of U. S. supreme court denied appeal wri. - g Dec 7 U. S. Supreme court . . . ,. & d"'' appeal. v uec. rranic re-senienceu to hang. Jan. 22. 1915. ' " ' - Dec. - K-'U. S. district Jnde ' Newman of Georgia denied ha- - . ' r - beas corpus writ Dec. 24 Appeal presented to Justice Lamar. Dec. 28 Justice Lamar grant- ed writ of review. . Feb. L Supreme court ad- i . - . t a i vanceu case tor argument wcck oi c pej, 23. j i fBy United Pre Association' Washington, Feb. 22. With the su preme court as the arena. Leo M. Frank' last fight for life was made today. Arguments were begun which mean either death or a new trial for the young Jewish factory superin tendent of Atlanta, thrice sentenced to the gallows for alleged murder of Mary Phagan. 14-year-old girl, at At lanta on April 26, 1913. Several hours were allotted by the high court today to hear the celebrat ed case which has gripped the entire country's interest for many months. A decision may be expected within a few weeks, certainly, it is believed, before the court adjourns for its sum mer recess. Frank was represented today by an array of able counsel. The state of Georgia also had its most powerful solicitors opposing Frank's motion, (Continued on Page 3.) T. A. Farmer, of Lebanon, i in the city on business. o DOCTOR M'PHERSON WILL SPEAK AT LIBRARY TONIGHT This evening at 8:30 Doctor Mc Pherson, of the Oregon Aifricrltural College, will give an illustrated lecture on rural conditions in Europe. A week ago :ho ter'ttire room was crowd ed to the door, and they went away disappointed because Doctor Mc-Phcr-son failed to meet his appointment. Tonight he will in ncrson give the reasons for his failure to appear. Hy a special request Doctor Mc Pherson will devote a part of his time this evening in speaking on the Rural Credit System of Europe, and the pro posed system of this country. Doc tor Mcl'herson has made a thorough and caci ful examination at the request of the federal government of rural conditions and rural credits in Eu rope. The lecture this evening will he most interesting and instructive. The lecture i given under the aus pices of the Albany Public Library and is free to all. Students of finan cial problems should not fait to hear Doctor Mcl'herson.