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About Tillamook headlight. (Tillamook, Or.) 1888-1934 | View Entire Issue (Dec. 24, 1903)
Wall Street no Longer Leads. RATES OF SUBSCRIPTION. upon the organization of corporations ( strictly in advance .) with enormous capital slock, but with A good deal ol financial pressure anti One year................................................. 1.50 1 out iiiiv considerable assets. Corpora Six months............................................ 75 lions are now tunned upon a more busi excitement has Bern noted in Wa'I street during the vear. The country has been Three months......... .............................. 50 nesslike basis. mainly a spectator. Wall street fluirirs, >uch as have been witnessed in the Inst Mortgaging the Air. lew months, may lie classed as local phe l.i this age of credulous trust full nes> nomena. What has been described as a nobody appeals to l.e surprised at the “rich man's panic’’ Ivis troubled specu Fred <J. Baker. Publiaher. effort m»w tiring made by audacious lative circles, hut has not touched the promoters to mortgage the very air we people generally, nor the industries. the venturesome rich are still rich They Did “Dare” Vote Against It. breath in the shape of Marconi wireless Even secuiities. The advertisement that has with a few exceptions, though an im lieen inserted extensively in the leading mense amount of water has been squeeze.I Mr Claude Thaver made a good s|>eech papers of the country announces that out of exit avagantly promoted schemes, at the meeliiig on Friday from a the safest and most promising invest hi his report just published Secretary of lawyer's point of view m arguing a case ment before the public of today is the the Treasury Shaw says that within a before a jury, hut his closing remarks, securities of the Marconi Wireless Tele year the market value of stocks and from a emzen's point ol view', were those graph company of Anieiica. Assurance bonds lias depreciated in an arnon ;t be of a <Jcsp«>t ami had the ring of despo is given bv the promoters that the policy yond the cost of the civil war. “y et not tism. \\ e cei tainlv lelt surprised when of the directory is conservative and the withstanding this enormous ami incon Mr. I hay er leileraled the remark that capitalization is exceedingly moderate. ceivable shrinkage, it has not affected in the citizens did nut dare vote (lie propo A limited allotment of the Marconi se noticeable degree other classes of silion down alter listening to what he curities is offeied for investment and to property.’’ All the population are buisv ; had to say. What would people think it make the bait very attractive attent on failures are few ; banks are stronglv for the H eadlight ,in discussing any subject, is directed to the fact that the original tified ; manufacturers are fully employed dared them to vole only as it dictated? Edison electiic light stock sold lor$4,600 and a 1 r exporting more of their products They woulJ naturally think we wanted a share one vear alter it reached pat. than eve. before: railroads are turning to be Czar ut All Tillamook. We are and the Bell telephone stock has paid everv wheel; our foreign commerce has honest in believing that Air. I'hayer will $2OO.O»‘O on each original investment ol l»«en surpassed in only one year, and admit that he eired in judgment when $100. The information is also vouch- • hen but slightly ; a treasury surplus of he dared American citizens to vote any *alcd that“ while the stock of the British $ 14,0**0,000 .or the present fiscal year is other way than that he dictated alter Marconi company is now selling at only expected ; all American Dollars are as listening to his remarks. U hat Mr. $22 a share, it is likelv that Marconi good as gold, and the government hold Thayer principally talked about was the securities representing $5 will increase ings of gold are immense The outlook need of a sew erage system in i'lllainook in value $200 or even $300.’’ This is a I »or business continues excellent. City. W e say ■’Ainen” t > e\try thing he very attractive prospectus amLwereit In the presence of these conditio/.s of said in favor ot it, tor lie substantiated not for the wavering of popular conti national prosperity, the speculative ano what the HEADLIGHT had already- point deuce in get rich quick schemes the air syndicate operations of Wall street are a ed out shoe ing how important it is that line mortgages would sell like hot cakes. minor matter. But there is another im But Mr this city should be drained. portant feature to he considered in con He Thayer’s argument lacked logic. Pure Food Legislation. nection with the decline of the old Wall “dared” I iis listeners to yote down a street paramountcy. The West now $60,000 waler proposition, which ex The question of providing legislation owns itself. It is out of debt. It has a hausted the city’s credit and left nothing to prevent the adulteration, misbrand surplus ofcash. I ts products form the fur a sewerage system. ing and imitation of foods, beverages great bulk of foreign exports. Wall . and drugs is again before congress, bills street’s sensations, manipulations and A Water Question Suggestion for this purpose having been introduced combinations ha ve become a side issue, I in both branches. The house measure compared with the larger fact mention I is by Mr. Hepburn and embodies the ed. The tens of billions in substance can Now that the water question is dis j latest results of consultation of the ad not be serinu-Iy shaken by the tips and posed oflora time, and hi deferences to vocation of such legislation. It has the downs of billions on paper or in watered those who wanted a new system, the approval of the chief of the bureau of stock. Free from debt, and with monev H eadlight would now like to make a I chemistry and of the mem tiers of the of its own, the West regards a Wall suggestion. As in all probability the ; committee on food Standards of the As I street “panic” among big speculators amended city charter, tinder which the sociations of Official Agricultural Chem with more of curiosity than concern. In vote was taken on Monday, will l»e un I ists. The senate bill is substantially I constitutional if the initative and refer I similar through soniwh.it less com pre- [ dustrial interests throughout the country take the same view of the case, and feel endum law so declared, we would sug hensive. the same sense of calm security gest that a committee of about dozen ol The new Hepburn bill prohibits the in Leading Western cities owe Wall street the largest tax pavers and most success ; troduction into any state or territory or | practically nothing and are consequently ful business men lie appointed to discuss the District of Columbia from anv other , not disturbed bv its stock mutations ami the matter from a business, economic state or territory or the District of Co | syndicate exploitation It is in no sec and sanitary point of view, and not, as I lunibia. or from anv foreign country, of1 tional spirit that the West rejoices In its the recent agitation was intended by anv article ol food or drugs which is | freedom from debt and its abounding re some people, to “do up’’ the pi esent ! adulterated »® I or misbranded, within h the sources. The East was the old home of company hi business. Let the commit meaning of the act. It provides that tee be composed of men like C. Thayer, any person who shall ship or deliver the Western people and is duly appreci ated, but the time has passed when the M. W. Harrison, U. B. Hadley, B. L for shipment or shall receive, or who, West looks to the East for its capital or I.d ly, C. I. (.'lough, I*. W. Todd, Geo. having received. shall deliver, in orig to Wall street for the potential reading Edmunds, Geo. Cohn, E. T Haltom, A. inal unbroken packages, for pay or other of the business barometer. On a cash McNair, I’. McIntosh, R. L. Wade, etc , wise, or offer to deliver to any other basis, the West has reached an independ men who have large interests in the person, any article adulterated or mis city and who are competent to take the branded within the meaning of the act. ent level. matter up coolly and discuss it as a shall he guilty of a misdemeanor, the business, sanitary and economic pro penalty for the offense being tine or ini Judge Parker says he will not talk position and come to ail understanding prisonnient, or both, in the discretion politics while (»n the bench. If he is to as to the needs of the city and how far it of the court. This also applies to any run for President the people will insist is wise to run in o debt. The water person who shall sell or offer for sale in in knowing something more about him company has been gi\ n i s last chance the territories oi the United States than his name. to improve its svsleni so as to furnish adulterates, mixed, misbranded, or imi COCKS once more happy. Gang better fire protection, and if it fails to do tated foods or drugs, or export or oiler so now the commit tee should make some to export the same to anv foreign coun loff & Snuffer have just received recommenda tion for new water and sew try. It is further provided that the di a shipment of Spotless Flour from erage systems, for in our judgment one rector of the bureau of chemistry and is just as necessary as the other, and it foods shall, under rules and regulations Goldendale, Wash was an unwise proposition to exhaust prescribed by the secretary of agricul the city’s credit for a water system and ture, make examinations of specin cns which lelt nothing for sewerage. And of foods and drugs offered for sale in { lor that reason the H eadlight is glad original unbroken packages in any terri tile vole went Monday as it did. We tory or in anv state other than that in believe that a committee like we have which they shall have been respectively suggested would be the proper persons to manufactured or produced, or from awv lake the matter of waler and sewerage foreign country, or intended for ship up, not those who pay little or no taxes ment to any foreign country, which and who arc here today and gone to may be collected from time to time in morrow. and who go on the theory ol various parts <»f the country. doing all the shouting, leaving the large | It is believed that is the policy of pre taxpavers or prosterity to loot the bills. venting trade in adulterated and inis- It is a little singular that out of the sev branded foods and drugs can be rii’ade eral streams and routes proposed by effective in the field covered by the Engineer Chase those who voted to bond Hepburn bill, it is prettv certain to he the city oil Monday did not know which generally adopted by states for their they voted lor or which would l»e con internal traffic. It is not to he doubted structed it the citizens had bv a majority that the example of the national gov vote decided to bond the city. Let this ernment in the matter will have a very “hot air,’’ “bust up,’’ agitation on the great influence upon sta*e legislation, water question take water, and allow conducing to the enactment of uniform the conservative and successlul business laws based upon the standard of the na men and largest taxpayers to put their tional law. Admitting the desirability heads together and decide what is best. and expediency of stub legislation.it is Then it will not take long to come to manifestly important that national leg u proper solution of the question. But [ islation shall come first, in order to set as long as the agitation is kept up bv the standard for state legislation. The those who have been monomaniacs on I pure food bills that were before the last the water question the past four or five congress met with no great opposition, years, there* is not much likelihood that having failed at the second session for the business men and taxpaveis will lack of time to give them the necessary come to a common understanding as to consideration and reach a final vote. what is best to be done for the city. There will he no such difficulty in the ! present congress and it is expected that 160 acres, over 120 rich bottom land, The Governor and the Eddy Law. the measures which have been introduced 40 acreshave been slashed. House, barn will be passed during the present session and other buildings ; 40 fruit trees, 8 As there appears to be some objections | tons of liav, tools stock, etc, household to the Eddy tax law, which imposes a furniture. All for less than $1.800, or Blasts from Ram ’ s Horn. a lax on corporations, by “wild cat” will sell land separate. Half mile from mining companies, the opinion of Gover Spruce post office and school house. Call Greedy masters make greedy men. I or nor Chamberlain is well worth repeat address F. Pichereau. Spruce. Oregon, God never demands the impossible. ing. He says: who is wanting to sell on account of Saciifce is the measure of service “I still believe in the planof the corpora rheumatism. True culture is simple soul growth. tion tax law and hope that no change will No home is built with hands alone. l>e imide, The law has not yet had a fair They who court fame never win it. trial and it should be left as it is until we Faith does not exclude forethought. have learned more of its practical opera Easy virtue is the nurse of hard vice. tion. I see no reason to believe that the It is not necessary to be irreverent in i I offer for sale iny place known as Ne. fees required to be paid are so heavy as carme .Mountain, located north of Ne. order to lie reasonable. to crush out any industry or enterprise A man's reflection on others constitute halem Bay. Thi« place consists of eight organized and conducted in a legitimate hundred acres of land, over half of which a fair reflection of himself. ma nncr. The light of success needs to lie trim is open prairie, either now under cultiva “Ol course the la w is not perfect. No tion or ready lor the plow. This is good med with the shears of humility. scheme ot taxation yet devised by the grass land, well watered by mountain human mind has been found entirely just , streams, and can easily be made one of Fight Will Be Bitter. and equal. But the theory of the corpor the best, if not the liest stock or dairy ation tax law is right and should be con- ¡ Those who will persist in closing their farmin Tillamook County. Price reason tinned and extended until nil our state ears against the continual recommenda-1 1 able and terms easy. Apply to revenues are derived from indirect tion of Dr. King's New Discovery tor | P. C. W arren . sources. This is the policy that is lieing Consumption, will have a long and bit- • Warrington, Ore. pursued in other stales, and while we ter tight with their troubles, if not ended 1 cannot hope to reach the desired end for earlier by fatal termination. Read what many years to come, our effort should be T. R Beall, of Beall, Miss., has to sav : to increase indirect taxes until wre have " Last fall niv wile had every symptom entirely separated state taxes from 1 of consumption. She took Dr. King's county taxes If. after a fair trial, we New Discovery alter everything else had find that we can improve the Eddv law failed. Improvement came at once and by emending it. the amendments should four Ixittics entirely cured her.” Guar- 1 then be made. One year’s trial is not antecd by Chas. Clough, Drug Store. Price 50c. and $1.00. Trial bottles free. sufficient." When the Eddy corporation tax law A Frightened Horse, was passed it was estimated that it In Tillamook County. Oregon. Five would produce a revenue ol $100.000 Running like mad down the street miles from tidewater. Good road. Pnce a year. The act has ticen in force ¿curse dumping the occupants, or a hundred ly more than six months and there h is other accidents, are every dnv occur $1,750, on easv terms. For further information see County licen paid into the state treasure $1MI.. rences. It lx*hooves everybody te» have 868. F. T. Wnglitman. corporation a reliable Salve handv and there's none Commissioner L. Parrish. Hobsonvillc, Salve Oregon or w rite to Amon Rose, Temple clerk in the office ol the Secretary of as good as Buck ten's Arnica stale, estimates that thcnonual revenue Burns. Cuts. Sores. Eczema and Piles, will aggregate $125.000 to $!50,0(>O, disappear quickly under its soothing ton. Cal. ((be (T, illamooh Ijnibligbt, In every town and village may be had, Axle Grease that makes your horses glad. FARM FOR SALE. A Bargain. Ranch for Sale. FOR SALE Dairy Farm of 120 Acres on the Miami, Drug w ith the latter sum not improbable. As effect. 25c., at Chas. Clough, _____________ a revenue measure, it is evident that the S t o i e. Eddy law will not be a disappointment Large Stock of Flour ¡list ar It has ticen frequently charged by pro moters of wild cat mining companies rived nt Gangloff «St Snuffer’s. that the Eddy law would keep out lo riga corporations and prevent the organ, Pride Waldo Hills* Four at izatiun of new concerns II is tine t int the law has put a very noticeable check Gangloff A Snuffer’s. i A DAIRYMEN’ AND S SUPPLIES' ffoi STEEL STOVES & RANCEf H. NIBBLE A VINT. Props. All orders promptly at tern led to. I Phone A K. Csse when you want to leave orders for wood sawing ■ C, We carry a Large Stock oí Hardware, Tinware, Glas|| and China, Oils, Paint, Varnish, Doors, Window Sashes, Fine Line of Choice GROCERIES Agents for the Great Western McINTOSH & McNAIR, The Most < . • - Reliable Merchants in Tillamook County Ad OF M. F. LEACH Thayer C. & E General Banking and Exchange Intsi- ness. Exchange on England, Belgium, Ge" many, Sweden, ami ail foreign coiinirtes PROPRIETOR OF r •ard Tillamook Meat Mark* Iges sen DEALER IN ORE- TILLAMOOK. Fresh and Cured Meats, Hides, Wool, TILLAMCOK COUNTY BANK. Shop next door to Larsen’s Hotel, Tillamook ( incorporated ), TILLAMOOK CITY, a rions rt bra Pacific Navigation Co.1 PAID UP CAPITAL, $10,000. DirectorsM. W. H arrison , W. W. C urtiss , B. L. E ddy . Cashier ;—M. W. H arrison . STEAMERS—SUE II. ELMORE, W. II. HARRISON ONLY LINE—ASTOTIA TO TILLAMOOK, GAB1B.11 BAY CITY, IIOBSONVILLE. Liberal Prices Paid for gilt edge securi ties of all kinds. LATIMER, BROS., • Connecting at Astoria with the Oregon Railroad & Navigation Co,« also the Astoria <S Columbia River R. R. foi San Francisco, Po and all points east. For freight and passenger rates apply to SAMUEL ELMORE & CO. General Agents, ASTORIA. OB B. C. LAMB. Agent. Tillamook Oregon. Aircnts 1° R & N’ R R- Co • Portll,’(l' Age,,tS |A & U. It. R. Co.. Portland. BARBER AND HAIRDRESSER. SHAVING, HAIR he 1 ast a o a st ORE. A GENERAL BANKING BUSINESS. UI'LTING Sue H. Elmore carries Wells Fargo Co.’s Exp Electric Baths niceh fittili up. Goodfor A A A. &A A A. A A A A A A A A Jk A. A A A AA* persons suffering with rheumatism. A. K. CASE, 7 PROPRIETOR ipll'y 11 Tillamook Iron WoksEfi Sewing Machines General Machinists & Blacksmiths ca"for _____________________ what t Now is the time to buy a new Sewing Machine for $22.00, with drop head and all the latest improvements at M c I ntosh & M c N air ’ s . It is the B onita S ewing M achine , and they range in price from $22 to I35, with ball bearings. They are little beauties, perfectly made and something new on the market. These machi nes are a better article than the peddlars are charging $65 and $75 for. he, Bo' Boiler Work, Logger’s Work and Heavy Forging, theirc< Fine Machine Work a Specialty. haianc ’IF W V W 1 OREGON. TILLAMOOK, W W Ha« who 1» the i«1 jfrand. which ’V" •S'W "V“ -------------------------------- SMITH & JENKINS, M Offer make Successors to L. N. Barnes, DEALERS IN PRIME « »ft» »a» » a » wSk sa» y a» «a» MEATS, ch LARD, etc "j At the NEW MEAT MARKET. COAL " Only Prime Meats Handled. Give us a| Call. Hides Wanted. tim*. Now is the time to purchai se vour i winter supply, while the weather is nice. We make special ri.;es on 5 tons and up Quick s Ddivery Wagons deliver, Highest Cash price paid for stock. Botbpk<*| «bea wards during this time of year. There is none better than Hetton coal mined in Australia. A complete substitute for hard coal ; low in ash, quick to ignite. Suitable for stove, range, grate and fur nace Tillamook B Warehouse Company C LAMB ;^d aid BAILEY & WEISS Telephone, Main 33. TySOK ABSTRACTS OF TITLE, GO TO TILLAMOOK ABSTRACT AND TRI ST CO. T hos . C oate », Pre». B. L. E ddy . Sec. SEE Real Estate Agents and Timber Locators. List Your Farm Property with us. THE OFFICE : NEXT TO HEINS’ PHOTO GALL®Y- TILLAMOOK, OREGON. lillamook Lumber Com puny FOB SHINGLES and BOXES. Shingles $2.25 1000. WM. GALLOWAY. W ood Saw ‘ headquarters for THE ALLEN HOUSE, C.1LBKBT L. HEDGES. IT EDO ES A GA LL( )WA Y attorneys . at . law . J. P. ALiLiEN, Proprietor. Headquarters for Travelling Men. Make a specialty of Land Office Business OFFICE IX WEINHARO BttLDtXG, Room 1 and 2. "REGON CITY, ORE. I Special Attention paid to Tourists. A First Class Table. Comfortable Beds and Accotnnicxlât,û*’
