Medford mail tribune., September 22, 1911, Image 1

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Medford Mail Tribune
WEATHER
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MEDFOHD, OKIfiCION, tfKI DAY, SBl-TOMBER 22, 1911.
No. 158.
RECIPROCITY IS BADLY DEFEATED
STEEL UPHELD BY SHEER MONEY POWER
HILL TO SPEAK AT ASHLAND SATURDAY AFTERNOON
GOOD
ROADS
ADVOCATE 0
BE HE SOON
Will Address Local People At Opera
House Saturday Evening Regard
Inij Proposed Bond ls)ue For Bet
tcr Highways.
MASS MEETING ASHLAND
TO BE HELD AT 4 O'CLOCK
Meeting Tonight Is To Be Held At
' Phoenix Good Addresses At
Jacksonville.
Samuel Hill, tlio great good roads
advocate, will ntldrons a man meet
ing of Ahliluiitl people Sutmlriiy nf
iiooii at I o'clock. Ku Andrews is ut
Ashland today winking nrrnngvnicutH
for tho mooting.
Mr, Hill will lulilres a tuontlntr of
local people at thu opera Iioiiho Sat
urday evening. Kvory voter Is urged
Tint meeting tomorrow night will bo
of tniiuli interest iih Mr. Hill is con
sidered to tin lliu forvtnoHt advocate
of good highways in thu United
States. Ho enjoys a national rcpiitn
tion Tor IiIh efforts Iu behalf of bet-,
tor roads and bus spent much of his
nioauy in working for lh eniihc.
I In will have much of interest 10
toll local people and a largo dclcga
tlou should greet hini.
Wont waH received from the party
now accompanying Mr. Hill through
('mitral Oregon, that Mr. Hill would
reach Ashland Saturday al'tcniyin
in time to deliver an address at I
o'clock. Immediate steps went taken
to arrange for the meeting at that
place.
The good roads advocates held n
meeting at JackHonville Thursday
evening which was well attended.
Cniuilv Clerk Coleman was olio i.f
the principal speakers and pointed
out the great finauoial benefits to he
derived from the pannage of the houd
irtHIIO,
A mooting will he. held thin evening
at Phncuix. A rousing meeting is ex
pected iih the speaking litis hecu well
advert iscd.
MORGAN PUTS
BEARS TO ROOT
WITH RIS COIN
Not Since 1907 Has The Power Of
Money Been So Forcibly Demon
strated Bfcar Raids Produce A
Near-Panic On Stock Exchange.
STEEL TRUST PREPARES
TO DEFY GOVERNMENT
Reported, That They Will Refuse To
Dissolve Steel Drops Five
Points, But Recovers.
AUTOMOBILE KILLS BOY;
ARREST MAY FOLLOW
TACOMA, Wn., Sept. "til. Ar
rests may ho made today following
the killing hint evening of Charles
Van Horn, M, lmforo his. mother';,
eyes by an automobile driven h
If. N. White, president of the Stand
ard Paper eompauy.
Thu boy had alighted from a street
ear at tlio busiest corner In the
oily and wiib turning to assist hi
mother, when the automobile ouiuo
up from behind and Htruok him.
The occupant of the ear, prom
inent lumbermen and bankers, won
burying fro inlliu Country Club golf
courHo to a bniupu't. Thoy claim
tlio automobile wub running only
nine miles an hour. Other witness
es, howevoi'i plnou tlio speed of tin:
inuohino iih much greater. The nil
lomohlle, it in Haiti, slid nearly !10
feel after Hlriking the boy.
I If ! ! IIH
CHICAGO, lib). Thron bnnditfl
who murdered Molv'm Drnndiilok near
Leonard are at largo iu thin vluiuity
and police and detectives are out on
a inau-buut, It ia beiluved that they
are the Hiime men who murdered
Frederick WennevHlroni, a ehauffour
and committed other depredations.
SANTA HOSA, Cal. Vinn from a
fi.OflO gallon vat wiih brought into
piny In ft $10,000 firo at .Sonoma
near hero. The town wan noarly
wiped out.
NKW YORK, Sept. '22. Upheld
the sheer ower of money furniidiod
by .J. 1'ierpont Morgan and a syndi
eate of banker with international
connections, the Htoek market after
a bear raid of two dayn, renamed iln
tone at noon today, all lonnen being
recovered.
Not hiueo the pnninky day of
1007 IinH the power of monoy been ao
forcibly demonntratcd. After bear
raidn during the early morning had
produced n hcuiio of near-panic on
the floor of the ntock exchango, brok
ers for the big interests began to
notion and Htipport United States
Steel and the ataudnrd railroad
Mocks, taking all offerings noncha
lantly. Their evident control of un
limited meauM noon cheeked the bell
iii" movement.
Will Htniul nl't.
It wan semi-offieiallv announced
that the big interentn behind the steel
trust had deeided to stand pat, and
that the trust will refuse to dissolve.
It is said the oontoriition ban the
opinion of eminent counsel that any
dinnolution Hints brotiglit hy mo
govornnieut eau bo defeated.
Steel was the center of attraction
tmliiv on the Htoek exchange. The
excitement of the mnrket ban not
been equalled since the panic days
of 1007. He fore the opening of the
exchange the floor wan jammed with
members wnitimr to execute commis
sions, and only the opportuuo mip
port of big financial interests avert
ed a panic.
I.lnt Under Vivwmiiv.
News from London before the
opening of the market here showed
the American list to be under lrren
sure, which greatly increased the
apprehensions of tlio brokers. Most
of the brokers bud selling orders in
steel. Opening transactions varied
widely. ' This varianeo was so great
that prioes ranged from M to 55 1-2
for the common 'Htoek at different
plnooK on the floor. At tlio end f
the first fifteen minutes United
Slatos steel common was selling at
fill 1-1, fivo points below yesterday's
close, and for a time panio seemed
near. ,
-Great Northern preferred dropped
four points', Northern Pacific 2 fi-8
and Canadian Pacific 1 1-2, owing
to the belief of the brokers that the
defeat of reciprocity in the election
iu Canada would affect tho earnings
of the companies. At the critical
moment the big financial Iiourch eamo
to the support of the market and the
issues recovered ft point.
The big inlorests backed tho mar
kot heavily, especially tho railway
shares, with tho result that in -15 min
utes tho initial losses wero recovered
and substantial gains wore recorded
in SI. Paul, Union Pacific, Southern
Pacific, Kro ijnd Lehigh Valley.
SAN FRANCISCO, Cal. An-'
uouueemont is mado today that tho
United States Steel Products canin
ny i preparing for tho construction
of now docks to cost $11,000,000 on
the iron works properly hero which
the corporation purchased Inst Mny.
WALLED IN.
R. T. rjERAUV
NEW RATES ARE -BEING
PREPARED
Railroads Conform To Rulings Ot
Interstate Commerce Commission
In Spokane And Reno Decisions.
Recently Made
CHICAGO, 111., Sept. 22. Con
finning to the ruling of the inter
state commerce commission in the
Spokano and Heno decisions, the rail
roads of the United States are re
ported today to have drafted .1 new
schedule of trans-continental rnliM
which will rc-ndjust tho ratio to the
advantage of interior points na
against the terminals on tho Pacific
const.
Tho rates to the interior, while
higher than those to the coast, have
been shaped to tho por-centago fixed
bv tho commission. Tho effect w to
raiso tho rates to the Pacific seapovt
cities, while maintaining to a large
extent the oxisting schedules to tlia
interior points.
iraHs"
LONG FLIGHT
Dismayed By Hard Luck Aviator
Gives Up Mnchlno Practically
Wrecked By Fall No Hope To
Make Trip By October 10.
RATIinONK, N. Y., Sept. 22 Dis
mayed by hard luck, Aviator James
J. Ward announced today his with
drawal from tho const to const flight
for a $50,000 nowspnpor piiuo. Ills
mnohino was practicnlly wrecked by
a fall today near Addisot. and bo
rooognized tho uttor hopekV-jsuean of
trying to oomploto tho joucnov by
October 10, tho time limit of tho contest.
DEFEATED
-f .
" fi
SEE POLITICS
IN WEST'S MOVE
Republicans Say West Wants Major
ity Of Legislators To Refuse To
Attend Session Thus Making Po
litical. Capital For His Party.
SIT HON.aiR.WltfWD liAURUUL
V'WW -
MEDFORD GIVEN
A PaSTPOHEMENT
At Request Of Traffic Bureau State
Railroad Commission Has Changed
Date Of Investigation Of Distance
Class Rates.
SALHM, Ore., Sept.. 22. Owing to
tho requests for postponement which
hnvo como iu from tho Medford traf
fiu bureau, the suite railway commis
sion has changed tho date of the
commodity rates on tho Southern P
oifio from September 20 to Novem
ber If). Medford asked 00 days
postponement but this was considered
an u'nnneeessarilv long period. The
hearing regarding ft "tntion on tho
Southern Pacific at Latham lias been
postponed from September 28 to Oo
tobor 5. Tho case of Frank L, Smith
Meat company vs. S. P. & S. and tho
United Railways regarding joint
rates on livestock botween tho Un
ion stock yards in Portland and Lnko
viow lias been po-t polled to October
2nd,
PORTLAND, Ore., Sept. 22.
Lenders of tho Multnomah delegation
in the legislature profess to see pol
ities in Governor West's announce
ment that he will call a special ses
sion of tho legislature to consider
good roads bills, providing the legis
lators will pay their own expenses
to tho capital, servo without pny,
and pledgo themselves not to tnko up
any other matters, which includo the
governor's veto of good road bills
passed at the lust sessiou and other
measures.
Republicans" assert that West made
the stipulations for tho purposo of
having them refused by the majority
of tho legislators with ft viow of
making "political capital" for him
self nml tho democratic party for use
in tho next campaign.
WINTER NELIS
v SOLDJT $2.25
Fred Hopkins Of Snowy Butte, Dis
poses Of Entire Crop For Shipment
To London, England Were Light
Tills Year.
Fred Hopkins has disposed of his
ontiro crop of Wmter Nobs poars at
'. 2R n ho- f. o. b.. Central Point.
Tho ontiro output from his Winter
Nelis block will go to tho London
market. Tho crop, whilo light, is ox
cellent in point of quality.
TAFT SMILE
HAS TAKEN TO
TALL TIMBER
Ghost Of Gloom Perched On Corpse
Of Canadian Reciprocity, Is Wei
come Guest On President Tad's
Train All Downcast.
THINK IT WILL PROVE
SET-BACK TO PRESIDENT
His Career Suffers Heavily But Pas
sage Of Reciprocity In This
Country Helps.
PEORIA, Ills., Sept. 22. The
ghost of gloom perched on the corpse
of Canadian reciprocity was an un
welcome guest on President Tafl's
train when it arrived here today. Tho
city was enthusiastic in its welcome
to the chief executive but the entire
presidential party was downcast. The
Taft smile was missing. His joy was
snuffed out by the returns of the Ca
nadian election, which it is believed,
will prove one of tho greatest set
backs of his career.
"I expected a different result,"
said the president. "It takes two to
make a bargain, of course, and If
Canada declines the proposed trade
agreement, we must continue doing
business at tho old stand. I am
deeply disappointed."
Taft Was Confident.
The keynote of Toft's defense
against the Canadian setback's re
sults upon his own fortunes will be
the fact that reciprocity carried this
country. Ho was confident to the
last that Laurier would win. Only
yesterday afternoon the president
predioted thnt the benefits of reci
procity would be realized within 18
months.
The early returns from the Cana
dian polling failed to work Taft, but
during the banquet at Kalamazoo
last night tho final word of Laurier's
defeat arrived and the Taft snitt
vanished instaner.
Regarding tho political effect in
tho United States of the Laurier de
feat, Charles D. Hilles, tho president's
secretary said today: "That we nvust
wait. Nothing can be determined
nlong that lino yet."
What Will He Say.
President Taft has along been
promising to discuss reciprocity af
ter the Canadian election. What is
to say is tho problem ho is ponder
ing today.
On his arrival hero today tho pres
ident breakfasted with Bishop Ed
mund Dunne at tho Creve Coeur
club. Then came an automobile ride
and lunchoon at tho country club. Ho
was tho big figuro later nt n recep
tion by the Knights of Columbus.
GRANTS PASS PASTOR
THROWN BY BICYCLE
GRANTS PASS, Ore., Sopt. 22.
Row Frederick M. Brooke, whilo rid
ing on a bioyclo on tho Southern Pa
cifio trestlo over Jonos orcek, caught
tho pedal on tho end of a tie, throw
ing him backwards to tho bottom of
the creek, a distance of 23 or 30 feat,
breaking his right aim twice above
tho wrist and hurting his back se
verely. It is rcmnrknblo that ho as
oapod with his lifo. Brooko is pas
tor of the Christian church here.
"T
UNDER
THE FLAG" IS
NEW POLICY
After Fifteen Years Sir WHfrMl
Laurier's Government Is SMwet)
Under Conservatives Have a Ma
jority letween 40 Ami 50.
ELECTION IS VICTORY FOR
IMPERIALISTIC POLICY
Champ Clarke's Reference Te Annex
ation Was Factor Laurier, at
0, Is Badly Hurt.
SEWARD. Alaska Jamos J. Jof-
fries and his hrothor Jaok, arrived
horo last uijjht from the interior,
where thoy killed several bear and
other big gamo. Thoy will leavo on
tho steamor North Western Saturday
for Soattlo en route to Los Angolos,
whero their mothor is sorioualy ill.
OTTAWA, Ont., Sept. 22. With a
majority of from 45 to 50, the great
est within the recent history of the
country, Canada's coming premier,
Robert L. Borden, today stands com
mitted to a. policy of "trade under
the flag" as the result of the sweep
ing defeat of Sir Wilfred Laurier's
government which for fifteen years
has guided the destinies of the "Our
Lady of tho Snows."
Trade concessions only to Great
Britain and her colonies will be the
policy of Canada. Ail more intimate
relations with the United States will
be taboo and the whole efforts of tho
Dominion will be bent toward build
ing up trade within its own borders.
An "All Red" Ltae.
The victory of Borden is a triumph
for the imperialistic policy of trado
preference, which aims to consolidate
the British colonies by commercial
connection and to establish a prac
tical "all red" line of commercial
communities around tho world.
Returns of the landslido today are
still in-complete. So far they indi
cate -that tho next parliament will
be composed of 130 Conservatives
and 8G Liberals.
The Conservatives in Ontario car
.ried 71 of the 85 seats of tho prov
inve. The big feature of the election
was tho gain by the Conservatives
of two seats hi Sakntchewan, which
was supjwsed to bo unanimous for
reciprocity.
Clark's Speech Hurt.
There is littlo doubt oxpressed to?
day that ono of the priciplo causes
for the defeat of the Lanrior gov
ernment was tho annexation ory
raised when Speaker Champ Clark,
in tho American houso of represen
tatives, declared that ho hoped ono
day to seo ono flag flying from the
Gulf of Mexico to the North Pole.
Although Clark denied that ho meant
there was any probability of an ear
ly attempt of the United States to
annex Canada, Conservatives at onco
took firo and every anti-Laurier pa
per throughout the country raised tho
cry " no annexation."
Givinp support to this was the
idea, long championed by Robert h.
Borden, of tlio building up of trade
strictly within the linos of the Brit
ish empre. Borden and tho Conser
vatves stood for tho policy of trade
preference to tho mothor country and
tho British colonies, and stoutly
fought the various attempts of the
Liboral party to obtain closer com
mercial relations with the republio
to tho south.
Luurler to Itetlre.
Tho dofent of tho Liberals.tha most
sweeping siuco confederation of the
Dominion of Canada, means tho final
retirement from publio life of Sir
Wilfred Laurior, for nearly a score
of years ono of the most riromnent
colonial figuros in tho British em
pire. Tho dofeated Liberal leader,
who is 70 years of age, was greatly
disappointed at tho result of tho elec
(ion. Ho hud previously said that
tho failuro of tho country to confirm
ill
(Continued oa Page Twe.J
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