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About Lake County examiner. (Lakeview, Lake County, Or.) 1880-1915 | View Entire Issue (Feb. 8, 1906)
fir 9 (l III rrtfW.CvYi -rA II a ii ii MAdAZINK SUCTION. LAKEVIEW. OREGON. TIIUHSDAY I'KJIRUARY 8, 1000. PAGES 1 TO 4. mam 1. 'i ! t 'J BANK NOTE EXPANSION. HAST NA TIONAL HANKS BSTAD aisxkv since Mirucnon Or HCVVlKBD CAPITAL. Dnprecedened Increase of Insti tutions and Conwequent fcsptmelon f Ba.tiL Nets Circulation M-sy UM Depression. There Is a boom In ie organization ef national batiks. It baa been la pro gress (or five years, or evar slnco the passage v Congress of tba act perm It tint natfOhal banka to bo organized with a capital or S2&000 Instead of tba minimum of 1100.000 capital, aa tba law stood prior to March, 11)00. Though tha multiplication of email national banks baa bean going forward at a atartllng paca It la only recently that tba great Increase In tba number of new banka haa begun to impress It elf on far-seeing financiers as exces sive. It Is felt that tha unprecedented Incraaaa In banka and tha conaequent ipanaton of national bank nolo cir culation hac either gone so far, or Boon may go so far, as to constitute a na tlonal menace. Tbara are many financiers who, though tbey look with apprehension on a boom In national banks, yet feel that wo have not reached the danger line and that the country Is able to absorb all tha national bank not circulation that la likely to ba Issued on the pres ent bonded debt of the United Btatea. It Is proposed that at the next sea- ?ton of Congresa the bonds to be sold or the construction of the Panama canal ahall also be made a baals for bank note circulation and thta ex penalon It la thought may prore ex ' j A ? , . "Wf . i Ctpirigkttd, Wal&en Favcttl, BARONESS VON Baroness Ton Bternbarj, the Ameri can wlf.i of tee Germaa AsalMiBsador and pre-emlaently the most sweetly beautiful woman ia official life at t i national capital, baa lately returned to Waablngton from abroad, a proud and happy woman by reaaoa of the miracle worked by a wonderful sur gical operation performed in Germany a few months are. The Baroness when a younj. girl fell from a horse and sustained an lajary to one limb, which has ever since necessitated her w '.king with a cano. Rn time nea n emTnenf Oermsn enrjreon performed an opers rlon npon one of the ladlee of the royal family who had received an exactly elmflar Injnry, end the eueoe which crown ed M effort was such that the bean t'fn! bride of tn KteTa envxr In Afnrrlcn wne indneed to rmd rvto simi lar treatment. For week fcer Toot was held In the prlp of a tf .r wet. tnt flnnlly 'he rtirfd ImndffirMi were re moTed and she wee Trw to return ti her natlre Ian?f wfrh the tjm of the ni inoffirtpnt metnher fiT!y restr-"d Bsronem von Rfwnbnr?, who wx T-'mnn T-enslisn. 1 n Wallfomin till nrHl Tier marrlnire to Bnron RtwV on sremhnrsr rsroe n Fh tnTmtna Hon of en T th TretHet Intems fnnst romeTirea fn whfeK n XmeH een rlrl hsa flimrecT. The W"'" besntr nnV bJa titled Oflnnun Jllplo mat f we? met on eTilrVrioerd wWI ein the AHarfrTc Tf cbto Botiswc - ly near helncr a wi of lore t first sithf e.n both fmf the Oerm" oTenrmont. ttlcM fnVee sj fserlr !ntersf tn 1t yomwr fflw Dfsteemen. threatened to trndo fhrold e WorV tr Intlallng', vfs ! Customary In Ayi ii ii .hi i m i .' win ma in w munia . iiiiiiih.hhhiimmhiwww i1 'm m cessive. The danger line will be reached when the bank note circulation cornea to bear an undue relation to the gold reserve of the United Btatea treas ury. The growth In national bank, no tea In five yeara boa Increased 'their amount I rum $210,000,000 to 1178,000. 000, baaed on government bonds, or1 about &0,000,000 per annum. It is calculated tuat the gold slock of tha country Increases annually In about tha proportion that population increasea. Irurian tlr last fiscal year the baala money of the nation was Increased by the addition of $23,000,000 in gold cer tificates. It Is urged that as the bank note circulation Increases faster than the growth of the money of redemp tion, the process tends toward Inflation. It adda to the burden of money which the gold reserve must maintain at parity. No remedy for this situation is in sight, and It is stated that it may be that an unhappy financial depression will be needed to call tho attention of the whole country to the necessity for caution in loading up trade with too treat an Issue of bank notes. At pres ent there is no limitation on tha or ranlzatlon of national banks except !hat ther cannot go beyond the bonded debt The bonded debt Is now 1895, 000.000, of which $482,000,000 Is used as security for note Inane and fRB.OOO,. 000 as security for government de posits. An Inane) of $130,000,000 of canal bond ba been authorized, and the whole world knows that other Is sues of canal bonds munt be made. If the canal la to be constructed on the lock principle, this bond Issue will necessarily be doubled and probably trebled. When the canal Is cut down to sea level the cont of construction will very nearly be doubled and the bond Issue accordingly Increased. ' ' STERNBURG. such canos, that the American plrl should brint to the man of her choice a fortune of ?'J0,(KX). Now Mis Langham comes of a very old Kentucky family, but uono of Its members happened to hnve f'JO.OOO t bestow as a dowry, and for a time the course of true love appeared to run anything but smoothly; but in the end the Teutonic ofllclnl relented, and the couple were married. When Baron von fiternburjr took his bride to the Fatherland, she curried everything before her by virtue of ber beauty and sweet disposition, and the Ger man Fmreror remarked; "If I w arttrt. I would wish for notWnjr bet ter than to paint your portrait The Baroness has violet eye, with ton, darfc Inshes. reddish Monde hair and a marred ,pl2fL oato he 1 a nnWre of the Golden i Gate Prate, her father was an Fnrllsbronn and her mother If "Zm' This mistress f the German Km nssy at WsshlnetAn Is almopt as mv rt home In Thirone In Amt e. Tor Bhe was educated In mrla and TVresden and made her foraal entry kac"v tn Tiondon. The Wtemburps are amonir the elcseat personal friends f the Presi dent and Mrs Boosevelt. Indeed, the r ,n. then a mere secretary nrrrsn T?mhsv. was one of r WeesereH's cwhIm 1e the dars when tt, present fhof MsHtrate n CvIl Pervlee Oomm11oner. T!:e two men ro and walked tojreth.r a most dsllr. natnraTly Cifi Pre"! lent was delighted when Ma oW. chum chose an American elrl for hi bride snd the Baron and Ma wife vnt rwrtlon of their bon7TJaon et tha White House, tab. LARGEST OF SHIP DOCKS. TUB "DEWEY" HOW TLOWING TUB ATLANTIC AND HOUND fou tub Philippines. WMI Reo.uk- Four Month to Make Trip.-Capable of Lifting Biggest War Snap Superior to Stationary Docks. The huge storm waves of the Atlan tic In midwinter seem to roll onward In a realatless torrent of destruction to all in their pathway. But this year they are beating against an Indom itable structure, for the United States Government is shipping to its far-off naval station at Cavite something that floats but la yet not a war veasel a fortress or a merchant ship. Capable of use in either peace or war, it ia a very necessary adjunct to Uncle Sam's Navy. This structure which has been breasting the waves of the Atlantic is the gigantic new floating dry dock, "Dewey," but recently built by the Maryland Steel Company of Sparrows i'olnt, near Baltimore. While there are numerous dry docks In the far East which are available for Uncle Sam's Navy in times of peace, the rates of these would be barred to his flKtitlng ships were be to get Into an cmliroKlio with any foreign power. This fact determined the Navy Depart ment to build a great dry dock which could be towed from one port to an other, or used In the open seas. The recent success attained by the Govern ment floating dry dock at New Orleana. Induced the Laval officials to decide that this new factor In ship-repair should not be stationary, but rather one of the floating variety. In order that it mlRht be capable of docking the largest battle ship, not only of the present day, but of such possible ex pansion as tho future might bring forth, the Government specifications required that the "Dewey" should be able to dock a 16.000 ton ship In Zoz hours from the time the warrior en tered the trough to the moment the l.ccl waa out of water. The Largest In the World. Such specifications meant that upon completion of the "Dewey" the Govern in cut would possess the largest float ing dry dock in the world. The contractors went further than the Gov ernment specifications and gave the new dock a capacity of 20,000 tons. Tho question might be asked, what sort of monHter Is this which floats and yet can bodily lift the huge fighting terrors of the sea? It is nothing more than a large steel floating box, with a bottom and two long sides but with the top and ends missing, the bottom resting upon great square tanks, 18 feet deep. With an opening of certain valves, enough water is allowed to rush into sink the great trough until the floor is sufficiently below water level for the largest warship to enter between the two protruding sides. Af ter the vessel is within the enclosure, the water Is pumped out of the tanks and the great trough rises until the floor is well above the wash of the sea. Any surplus water remaining on the floor of the tank drains off and the ship on becoming dry may be painted, cleaned or repaired. The giant leviathan of war Is handled as though it were a toy. The Dewey" has a total length of about 500 feet, and a height of 64 feet from the bottom, yet in order to dock a vessel demanding a depth of 30 feet in the trough, the bottom of the tank sinks to a depth of 63 feet Float ing by itself, it draws but 6 feet of water. The United States Government was very strict in all requirements of its contract with the constructing com pany and Insisted that the dock should be carefully tested before being ac cepted. Last spring the battleship Iowa was BATTLESHIP IOWA IN docked in the Dewey" and within an hour and a half from the time that she was in position, her keel was out of the water. In t same month, the United States battleship Colorado, with a displacement of nearly 2,000 tons more than the Iowa, was docked In two hours and sixteen minutes. Kill Baffle the Torcdo. One of the most essential needs for a dry dock In the Philippine Islands Is caused by the accumulation of a great amount of marine growth upon the hulls of all vessels spending any length of time In trordeal waters. Natnrally a steel dry dock In such a locality would also become befouled by barna cles, toredoa, etc., and It Is at this nolnt that a most peculiar feature of the "Dewey" is brought to light, for In addition to being able to lift tha haar I it i r fit, - j 'v.,v-4.w , i - lest battleships of the Navy, it can lift Itself as welt In other words, it raises It own bottom out of the water while Heating only upon its great hol low side box, and the bottom in turn lifts up the side box to a sufficient height to permit of its being scraped, cleaned and copper painted. Notwithstanding the apparently In tricate problems confronted in the construction of such r. huge engine, the Nary Department bad a still greater problem to solve when it considered methods of sending the Dewey to the Philippine- Inland)). Tho great sl.e of the machlno meant that it could make but slow progress through the water and the Government had had no expe rience In sendlne surh structures across tho uncertain Atlantic. How ever, tho Inducement of extra gooi salaries enabled the officials to obtain a crew of exporlneed men to handle tho dock. Tho hollow sides of the enor mous engine provide abundant llvlne quarters for the' crew of thirty, and are as good as the best quarters on any man of war. There is on board a com plete distilling apparatus for making fresh water and the ration allowances are double those received by the men of tho United Statrs Navy. Since the dock has left the United States, it ha? been In almost continuous communlca tlon with the shore by means of the wireless telegraphy apparatus on board a well as on the three naval vessels towing It It Is supposed by the Gov ernment officials that It will take near ly four months for the structure to make the trip to the Philippines. Games for the Mariners The great floor of the Dewey Is of sufficient size to allow of a regulation game of base ball, a fact which prob ably will be taken advantage of when the warmer climates are reached. Should the little fleet meet with a bur rlcane such as might usually be encoun tered on the Atlantfc In winter, the towing steams could throw off the tow lines and the Dewey could be filled with sufficient water to sink to a depth which would assure its Bafety until after the storm had passed away, while the towing boats could find safe refuge within the dock. The route taken by the fleet is aa follows: After passing out of Ches apeake Bay, it takes a course due east ward across the Atlantic to the Ma delra Islands, from whence it enters the Mediterranena through the Straits of Gibraltar, until the Suez Canal is reached. The traversing of the Suez Canal was another problem which faced the officials of the Navy Depart ment, but after making careful meas urements it as found that the dock would easily pass through the Canal The fee that the United States Gov ernment Is called upon to pay for the use of the Canal for this purpose is $30,000. After passing through the Suez Canal, the squadron of three towing boats and the dock will 6all throurh the Red Sea between Arabia and Af rica and thence on to the Indian Ocean. Singapore will probably be a stopping place for the expedition and after going through the straits of Ma lacca, it will pass up the China Sea and thence to the Cavite naval station reaching there Just about in time for the Easter holidays. Other Dry Docks. The United States has a couple of other floating dry docks, one at Al glers, La., but recently completed, and another at Pensacola, Fla., formerly stationed at Havana. Before the float ing dry dock was considered a success, the stationary dry dock was -the onl kind available. This was completed upon shore, generally of concrete and granite, with sloping sides ami a con cave trough for the hulls of vessels to fit Into. The Navy has sixteen of these, four being situated at Brooklyn three at Norfolk, two each at Philadel phia and Mare Island, California, and NEW DOCK "DEWEY." one each at Portsmouth, N. II., Charleston, S. C and Puget Sound, Washington. The nearest rival to the "Dewey" among the floating dry docks of the world Is that at Bermuda. While It is 45 feet longer than the "Dewey," Its lifting capacity is but 16,500 tons, which Is 8,500 tons less than the American structure. In Austria, there Is also a floating dry dock of 15,000 capacity, and one in Germany capable of lifting a burden of 11,000 tons. A Peculiarity of Siberia. In parts of Siberia corpses that have lain buried for 150 years have been exhumed and found in a state of per fect preservation. The soil freezes many feet deep ant dees sot altogether thaw out in S"mmer. NATIONAL IMPROVEMENTS. CHEAT WORK OF THE GOVERN MENT IS THE SUDJUGA TIOXOF TUB DESERT. Thlrtyeeven MIMIon Dollars to Be lined by Uncle Sam In the Construe tUn ef Great Work and Creation of tieancs. There is do public work being done by Uncle Sam which has, within a few years, sprung Into such prominence and which promises such substantial returns as the reclamation of his des ert lands under the National Irrigation Law. Thirty-seven million dollars for Irri gation. This amount, as shown by the following table. Is the estimated figure of the appropriation for Irrigation DAM SITE ON THE work which will be available In the fiscal year of 1908, the sum realized from the sale of Western public lands since the year of the passage of the irrigation law: Year Ending. June 30, 1901 $3,144,821.91 4.585,520.53 8,713,996.60 6,826,253.59 4.757,978.87 3,250,000.00 30, 1902 30, 1903 30, 1904 30, 1905 30, 1906 30, 1907 3,000,000.00 " 30, 1908 2,750,000.00 Total $37,028,571.50 The estimates for 1906, 1907 and 1908 are made by the General Land Office. This fund is. according to the law, to be Invested by the Secretary of the Interior, in feasible irrigation pro jects which will repay the amount to the Government, in ten annual install ments from the settlers. The apportionment of the fund by Secretary Hitchcock has been practi cally completed and the plans matured for expending the entire fund on cer tain definite projects in the West, which practically brings to an end fur ther surreys and examinations, and permits the concentration of effort of the Reclamation Service on the build ing of a few important projects, irrigation and Rivers and Harbors. There are many people who do not entirely understand the difference be tween the appropriations made for the reclaiming of arid lands and those for tho improvement of rivers and har bors. There is a disposition to criti cize Congress for permitting the ex penditure of millions in making hab itable and productive large areas of the public domain now worthless, and at the same time cutting down the ap propriation for work on our national waterways. Apparently the fact has been over looked that Congress has never made an appropriation of any specific sum for reclamation. On June 17, 1902, the . n k . y. rMi' If '7 ? IV. 5A ti fv is the title ot uur rtew muwkub ur xw mc muai ful and instructive horticultural publication of the day 186 pages 700 engravings 7 superb colored plates 7 duotone plates of vegetables and flowers. ; Tegl tUi cttalugu lh lug powIU distribution, auk tt fallowing UUwlnSWt Every empty Envelope Counts as Cash ertrr on whowUI Mt whr thU drtlimnt W Ma mi wk ncloKt Teo CcnU (In iiinpi), w will msil tb cuilof uo, ui lo lr I chum, our SO-Cnt Hmder.n " Collection .1 U,, cmuIo. lot on. Btckd ch of liiMI Mint tvut Iff OUmt tttuj rtmUi,mUtdt t,," . yuuru Jifrt, m'mUi a4ri- Hn M Lmuu, tirlf Muif T.. mmd irkui TifP'd trUi H.tdi,h, In acoupvnovclup, which, wlwn mu4 tut ratuciud, wiU k acccptmi m a ti-ccut. cwk payaoant oa wj 4ar mi tmouauug to i.aouMu"'. reclamation law was passed setting aside the proceeds from the sales of public lands in certain Western States and territories for the construction of Irrigation works within their borders. The law at the same time provided that every dollar so expended should be returned to the Government by the settlers who take up the lands re claimed. In other words, the nation made aa advance of the receipts from the sales of certain public property to make marketable other public prop erty. Out of the many millions ex pended by the Government in river and harbor Improvements, not a cent haa ever been returned directly to the Treasury, nor was It expected that any return would be made. Departments Wide Authority. The Irrigation act gives the Secre tary of the Interior a very wide lati tude in the Investment of this large fund, although, he Is required to spend GUNNISOS BTVEE. the major portion of the fund arising irom tae sale of public lands within each State or territory for the benefit of their lands, so far as practicable. It i3 a recognized fact that the con tributions to the fund from the vari ous States are In most cases not in pro portion to the need of those States for irrigation. Arizona and Nevada, for instance, whose lands have contrib uted very iittle to the fund, have probably the greatest need and oppor tunity for reclamation, while on the other hand. North Dakota and Oklaho ma, though large contributors, nave perhaps the least actual need for Irri gation of any of the Western States. In some cases the chief aim of politi cians has been apparently not so much to develop irrigation as to secure the expenditure of Federal funds In the section they represent. Has the Lntnlty of Land Crabbers. ment as displayed by Secretary Hitch cock has of course given rise to more or less adverse criticism and attack, especially from men who have viewed the reclamation act as a great oppor tunity for either direct or indirect pen sonai advancement The men by whom the public domain has long been con sidered a legitimate prey, hailed the passage of the Irrigation act as an im proved method of converting to theli use the nation's resources in the West Mr. Hitchcock's vigorous measures, however, have seriously interfered with, their proceedings and they are correspondingly bitter In their denun ciations of his acts. The States thus far to chiefly benefit through the irrigation law are Ari zona, Wyoming, Montana and Nevada, although some of them have them selves made to it considerable contrt buttons. Wyoming, because of its stra tegic geographical position and the fact that much of the water supply ol the West originates in that part of the State, must of necessity have the stor- (Continued on next Page,) - a -1 m . f jt i a t.an.itL i