THE aiEDFORD MAIL TRIBUNE. M13D.FOUD, PUISCON, WEDNESDAY, FEBRUARY 16, 1910.
.HEW BASIS FOR MONEY
JO END PRICE CHANGES
Increased Production of Gold Is
Blamed by Professor Norton for
tho Present Conditions.
LEW POWELL GETS
BEST OE MEMSIC
THE GREAT DIVIDE HERE THURSDAY
Now is the Time
TO GET OUR FIGURES ON WIRING, ELECTRICAL FIXTURES,
ETC.; ON THAT NEW HOUSE. DYNAMO
. CIALTY.
REPAIRING A SPE-
Mcmslc Shows by His Qrltty Work
That Ho Is Fast Getting Into
His Old Form.
FLYNN BROS.
P9 MAIN STREET
UEV HAVEN, Conn., Fob. 16.-
Tncreased production ot gold is
tho'
principal cause of high prices, ac
cording to J. Pease Norton, prof os
or of political economy at Yale uni
versity. In an article in this week's
Independent, Trofessor Morton snys:
"When mining engineers and chem
ists succeeded in devising method'?
of extracting gold from ore as low in
irrade as $5 per ton at a profit, tho
potential supply of gold enormously
increased. As a result of these sci
entific discoveries, tho annual pro
duction of gold began to mount at an
increasing rate in tho '00s.
"Brndstrcet's index of average
prices indicates an advance of GO per
sont in' prices since July 1, 1S90. In
other words, a dollar's worth of
poods today could have been pur
chased for G2 cents in 1S96. During
the past 13 years prices have main
tained an average advance of 4-
per cent per annum.
"The gold inflation is world-wide t
tind prices everywhere have moved
upward in response. In the United
States tho rise in prices has been in-
tensified bv three causes, which
probably are, in order of import
ance, the banknote laws, the storage
and cold storage development and the
tariff.
"At the present time popular
clamor seeks to fix the responsibility
upon nthe trusts, just as in Washing
ton's day a similar agitation result
ed in laws against 'forestallers and
monopolists,' whereas the true cause
lay in the depreciating continental
currency. 'Not worth a continental'
in the future may be substituted by
the phrase, 'Not worth a gold dollar;'
for how serious the situation may be
come nobody knows."
Professor Norton proposes as a
remedy the adoption of a new stand
ard to snpplant the gold dollar. He
calls it the "Dill," which would bo
an imaginary unit or basis of ex
change whoso value would be equal
to the purchasing power of one gold
dollar of specific quantities of staple
commodities as designated in Federal
law. The plan would include also a
central bank, which would issue on
demand to banks and to a system of
licensed storehouses "Dill" credit
notes to the extent of 10 per cent!
of the value of gold, silver or com
modities on hand
REAL ESTATE TRANSFERS.
O. L. Sargent to George O.
Wolgamot, lot 8, block 4,
Narregan a-idltlon to Med
ford F. A. Dunk.p to Theo. Wol
gamot, 20 acres section 28,
township 38, ranse 1 W
,p. L. McNary to Oscar Talent,
part lot 3, block 3, West
Medford
Louis Oliver to George N.
Wolf, 20 acres D L C 57,
township 37, range 2 W. .
Francis I. Aiken to S. S. Al-
ken, land In section 29,
township 32, range 3 E. .
O. W. Milan to Stacy E.
Wright, lot 32 and pari lot
33, Montvlow addition to
Ashland
W. J, Albert to Agnes Head,
lots 3 and 4, block 34, Cen
10
385
75
10
10
tral Point 350
wary A. Scott to Johu W.
.Chandler, 160 acres In sec
tion 27, township 36, range
4 W
10
A. - : : , . , .
T TTTTTTTTt tt'f T -f
MEDFORD TIUF tam e
"Northbound
No. 20jPortland Local... 8:04 a.m.
To. 16Oregon Express. . .1 6:24 p. m,
No. 14PortIand Express, j 8:39 p. m
Southbound
No. 15CalIfornla Expres310:36 a. m
No. 13S. F. Express.... I 3:32p.m.
No. 19Aghland Local. .. .11:22 p. m,
Medford to Jacksonville.
Motor car loaves 8:00 a. m.
jcuycm , , . io:4B a. m.
Train leaves 3:35 p.m.
i'rain jeayes . , 6:00 p. m.
"Motor car leaves 9-30 p, m.
Jacksonville to Medford.
itf-i . 1 11
Muiur ivHYfis I 7:00 a.m.
Train leaves 8:45 a. m
Tram leaves 2:30 p.m.
Train leaves 4:30 p. m
Motor car loaves j 7:30 p. m
PACIFIC & EASTERN RAIWAY7
ti. lLeavea Medford ... 8:10a.m.
Hp. 3Leaves Medford . . . 8:00 p. m.
No. 2 j Arrives Medford ..10:10a. m.
No. 4Arrlves Medford . , 5:00 p. m.
No. ljArrlves Eaglo Polntj 8:45 a. m.
No. 2LeaveB Eagle PoInt 9:05 a.m.
Wo.3 Arrives Eagle Polnt 3:46 p.m.
o. 4 Leaves Eagle Point) 4;00p. m.
j , f
. inn inn mn
Al I 0 Kllullll Ml IT
flLL flUUnllU I Ull
GARDEN OE EDEN!.
Such Will Be Announcer's Cry When
New Railroad in Turkey
Is Completed.
CONSTANTINOPLE. Feb. 26. "Ml
aboard for Eden. Step '.his way, la-
dies and efintlemon. for iho Adnm nm!
Eve First Centurv Limited. AlM,n 80C,al Washington today, follow
a-bo-ord!"
Such will be the announcer's cry.
doubtless. when the station of thc!worth Eavo ,n nhonor ot Mrs. Cor
proposed C. & G. E. railroad is butlt
here the Constantinople and Garden
of Eden road.
Sir William Wlllcocks, British ad
visor to tho Turkish ministry of pub
lic works, recommends that the road
be built. It is not impossible that ih
old original garden will become a
popular riverside resort, with a rib
roast restaurant, a snake-house, an
applo orchard and a permanent ex
hibition of female habiliments show
j ing their slow evolution and develop
ment up and down from fig leaves to
the costume of the modern Salomo
dancer.
and geographer, has located Adam
and Evo'a old estate and ladies' and
gents' tailoring establishments in the
Harllab district, about 155 miles from
Bagdad. This spot, from which the
occupants were dispossessed after
rasing Cain, Is an oasis In a vast
desolate plain, traversed by four arms
of the river Euphrates. These streams
lend themselves readily to "shoot tho
chutes" entertainment, and the fact
that the Euphrates has four arms
strongly recommends the proposed re
sort to the numerous Mrs. Ishmaels,
wives of Mr. Ismael Pasha, and to
other ladles.
The sultan and his ministry of pub
lic works are receiving bids and pro
posals for tho construction and equip
ment of the new railroad.
Probate, '"
Estate Mary A. Ydiing,' annual re
port of executor approved.
Estate J. W. Clark; Moffda'y, March
14, set as d:.y of final accoun'ffng'.
Estate M. 8. Welch; order confirm'
ing sale of real property.
Estate Martha J. Mlnnick; Sterling
C. Mlnnick appointed administrator:
W. J. Freeman, T. J. O'Hara and F.
A. Harr appointed appraisers.
NOTICE.
All members of Pocahontas Coun
, No, 20, bo on hand Friday eve
cil
ning, February 18, 1910. Special
business and refreshments.
ELLA SHOULTS,
Keeper of Records,
NORMA MARTIN,
Pocahontas.
It. A. Holmes, the insurance man
RTLAHD HARDWOOD FLOOR
COMPANY
Largest stock of Oak, Maple, Beech,
lurch, Mahogany md wainut
FLOORING
n the Pacific northwest. Manufae
turera of Parquetry Flooring. We
have a large force of Expert Me
chanics and are in a position to give
estimates of finished floor work. We
also use a sanding and scraping ma
chine for surfacing dance halls apd
skating rink floors. We sell wax.
wax hrushea, furniture rosta and
ass sliding shoes. Write or call at
286 YAMHILL ST.. PORTLAND.
MAY OSTRACISE
ALICE'S PET SliAN
'Her Pet Monkey Is No Longer Per-
sona Grata in Washing
ton Society.
WASHINGTON, Feb. 16. Mrs.
Alice Roosevelt Longworth's pet man
Ke 18 m danger 01 oeing OSiraciSCU
I'ng n'8 disgraceful conduct at tho
dinner Representative and Mrs. Lpng-
nellus Vanderbllt.
During the dinner last evening Mrs.
Longworth recounted some of tho In
telligent doings ot the little ape, and
tho guests demanded to see him.
His cage was brought to the room,
but by mishap tho door flew open
and tho simian, with one bound land
ed on the center of tho table.
After a preliminary cantor over tho
damask, the monk "Belied a fistful of
edibles and leaped to a chandelier,
where he squatted and munched con
tentedly until recaptured, making
faces and grinning at the guests.
Singe and Wheeler & Wilson sow-
"F cs for sale and rent. Sup-
r machines for sale and rent
I plies and repairs for all kinds
Ad-
t dress 244 S. Grape.
For the Best
In harness, saddles, whips,
odes, tents, blankets, wag
on sheets, axle grease and
gall cure, as well as all kinds
of custom work, see
J. C. Smith
314 E. Main.
Another
tho homo
orartortnouieatro party, in fact most of tho In
formal of falrd at homoaroonhancod by Its uso.
It can bo attaohod to any oloctrlo light socket.
ROGUE RIVER
CITY WOOD PILE
Man Takes Two-Hour Shift and
Jumps the Job Two Others
Pay Their Fines.
Three vloliitdN of lao ordinances
mado And provided that no jllsorJer
ly contfott shall occur, wore arraign
ed before Mfcyor Canon TiKftday.
James Hogan was nssescod 10 for
I'elng dlsorlerly, which ho paid.
Henry Johnson, just plain drunk,
paid his fine ct u, whereat tho Judge;
nearly fell off tho bench, as he wai
figuring on putting him on the wood
pile. Gcorgo McCarty had neither mon
ey nor friends, so was given two days
on tho woodpllo. Two lionn sufficed
on Georgo, who jumped t!o job and
made his escape to other scenes.
NOTICE TO HOOSIHItS.
Thelloosler society of tho Roguo
River valley Invite all Hooslers to
rttend their meeting rt the Medford
opera house on Febjuary 22 at 7:30
p. m. 289
E. p. WILSON, Secretnry.
Wanted
Second
Hdud
Oak
Barrels
j. A. P erry
h CHAFING DISH PARTY
ploasuro that comos td
llghtod by Electricity Is
xno uso or an liioctnc chafing dish.
'As a moans of amu3omont, tho chaf
Itie dish has more dollghts stored
away for Its possessor than almost
any othorartlclolnthohomo. More
over, It Is useful. A dalntv lunchnnn
ELECTRIC CO.
LOS ANQELKS, Cul., Feb. 10.- j
Hy virtue C a two to ono nowMpniw
decision. Low Powell of Sau Fran-
oisoo is being hailed today h tliu i
conquoror of George Momsio. Two
morning papers deelared Powull the
winner, while tho third gave tho palm
to McmHic, following their ton-rouiu'
engagement at Nauil Junction laxt ,
night.
Notwithstanding his defeat, Mem-1
sic showed by his gritty work that ho
is getting back to his old-time form,
and his haokors, far from being dis
couraged, express tho opinion that
the httlo Bernppor will yet roach th
top of tho pile.
Powell won on points only. Mem
sio showod that ho was tho superior
whon it cntno to infighting and
aggressiveness. It was a splendid
exhibition and the fight fans arc anx
ious to sco tho boys come together
again.
1 It is probablo that Low will re
main hero for several days until ho
irocovora from a decorated optic. It
is understood he will challenge tho
winuor of tho Wolgast-Nolson argu
ment at San Francisco Washington'
birthday.
AT YOUR GROCER'S
tntLAB ruvi MILL Co . roxuijio.Otiao
REAL
ESTATE
SNAPS
30 acres tru't laud, 20 planted to
pears, with poach flllors, close to
school nnt. poatofflco, J8500, ono-
third, balanco long time; no Im
provements.
102 acres, 7 miles from Modford,
12t an aero; good Irrigation ditch;
ono-thlrd down, balanco long as
wanted.
Good city lots, closo In. Monoy
loan.
tc
cunt front lots, 50x108, half
1
off of street to bo paved this
lilnpt
year $' ,)0 cncl1' cloBO ,n' ,ial v,own
balance yar 8 ot cwt' ''
SiskiyuLandCo
206 PhJpps Bulld.'n0' Moord, Or.
FioMr-
WW it innkes flood lgl I
fobroiulaiulhi.scMiitH." im
ml Mother. IM
iAliHoluioly JUL
j ml clean and pure,
! rf.wliolcwmie unci -TniaM"
j ml nutritious 5HiiLCi
j innilo from Be- ' .fljZuUjJiy
Si western wheat
i l Olympic J
lSfx if
CALIFORNIA
CCA PO.H WINTEE TOUEISTS
HnrinKs, magniricont touriHi iioioih, piciurunuuu ov-u..-IM
attractivo soasido resorts, ' r""J"8 moJ lB'ot outdoor paotlmo, suph as hundreds ot miles ot
doifzhtful cllmntn. nml nnnnrfi 'Ulty lor all )tln. . . , , .,. .(, ,,a fnvnrnil rncrlon TllO
cry. delfKhttul cllmato. and onnorh.
auto drives throuKh oranao ki-ovm
I World's Greatest Winter Itcsort, roacho v,tt tho
02"nd
fsya U
tow round' trip rates aro in effect
Ibgluff and first-class1 accommodations, 7 50 ' "
Medford to Los Angolos aiJtf Rotuiift. $ n.
Willi a final return limit of six months, and stop-overs M o'lthor dWdfitl. car Borvlco, and ovorythlng
First class, up-to-dato train with tho latost oquln moivt ifn'bxcolid1 dlHlh,.
that goes to mako tho trip pleasant. 'ut0r resorts of California
A'ttractlvo, Interesting and Instructive litoraturo (foiling o'frtho fatn'iiKir'' Wk.
can bo had on application to any O. R. & N. or S. P. Agimt, or by1 wHtllhr tti' P0HTLAND, OlUIdON
Wfli, maiuiuwvi, ueiierai russeiiger
BOOM IN
Five Sold in Two Days
Everybody wants ono the best cars in the valley
for the money. See the various sizes now on exhibit tit
ITotlson's Oarage.
MODELS
v MODEL 16, $1900 I. 0. B. PORTLAND,
This car niny have cqimls for power, performance nfld
speed, but if so they will eost at least $1000 more
than the Buictf. 'k
THE FAMOUS WHITE STREAK
In Rnmblo, Surrey and Toy Tonnoau.
ins
t - - "
$1100 F. O. B.
The trimmest, Rtaunchcst small Touring Car on
markbt.
Medford
Buick Co.
Tou Velle, Manager
Hodson's Garage, Medford
I
a. nd n,0DB ocoftn
UOaCIl UOUlOYUiun,
SHASTA OUTE
'ondcrs"
- iV .
U T Jd Ji xt Jf AL U. iw
from all ioln In' tlio ti6V
Agent,
'IFIO CO
16 AND 17
1 M '
PORTLAND.
uiunu n.t- .... .-a
'iwost. with long limit, stop-ovor prlvl-
W V V