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About Tillamook headlight. (Tillamook, Or.) 1888-1934 | View Entire Issue (March 1, 1906)
du Save Money. GET YOUR JOB PRINTING DONE AT THE eadlight Offiee. JOB PRINTING. (FîUamook When you Want Butter Paper, WE HAVE IN STOCK THE PURE PARCHMENT. Magazine Section.—Tillamook, Oregon, ffiareh 1, 1906. NOTE EXPANSION. NATIONAL BANKS ESTAB- SINCE REDUCTION OF REQUIRED CAPITAL. Increase of Instl« and Consequent Expansion Note Circulation May Cause is a boom In the organization national banks. It has been in pro- for five years, or ever since the oy Congress of the act permit national banks to be organized a capital of *25,000 instead ot minimum of *100,000 capital, as the stood prior to March, 1900. the multiplication of small banks has been going forward a startling pace it is only recently the great increase in the number new banks has begun to impress it- on far-seeing financiers as exces- It is felt that the unprecedented In banks and the consequent of national bank note clr- has either gone so far, or soon so far, as to constitute a na- are many financiers who, •hey look with apprehension on in national banks, yet feel that have not reached the danger line I that the country is able to absorb the national bank note circulation that is likely to be issued on the pres ent bonded debt of the United States. It is proposed that at the next ses sion of Congress the bonds to be sold for tho construction of the Panama canal shall also be made a basis for bank note circulation and this ex pansion It Is thought may provs ex cessive. The danger line will be reached when the bank note circulation comes to bear an undue relation to the gold reserve of the United States treas ury. The growth in national bank notes In five years has Increased their amount from *216,000,000 to *478,000, 000, based on government bonds, or about *50,000,000 per annum. It is calculated that the gold.stock of the country Increases annually in about the proportion that population Increases. During the last fiscal year the basis 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 adds to the burden of money which the gold reserve must maintain at parity. No remedy for th!« situation-Is In sight, and it Is stated that it may be that an unhappy financial depression will be needed to call the attention of the whole country to the necessity for caution In loading up trade with too great an Issue of bank note«. At pres ent there Is no limitation ou the or ganization of national banks except that they cannot go beyond the bonded debt The bonded debt is now *895,- 000,000, of which »482,000,000 is used as security for note Issues and *65,000,- 000 as security for government de posits. An Issue of *130,000,000 of canal bonds has been authorized, and the whole world knows that other is sue« of canal bond« must be made. If the canal is 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 cost of construction will very nearly be doubled and the bond issue accordingly increased. LARGEST OF SHIP DOCKS.. THE “DEWEY” NOW PLOWING THE ATLANTIC AND BOUND FOR TUB PHIL IPPINES. Will Require Four Months to Make Trip.— Capable of Lifting Biggest War Ship.—Superior to Stationary Docks. The huge storm waves of the Atlan tic in midwinter seem to roll onward in a resistless torrent of destruction to all in their pathway. But this year they are beating against an indom itable structure, for the United State« Government is shipping to its far-off naval station at Cavite something that floats but is yet not a war vessel, a fortress or a merchant ship. Capable of use In either peace or war, it Is a very necessary adjunct to Undo 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 Point, near Baltimore. While there are numerous dry docks in the far East which are available for Unde Sam's Navy in times of peace, the gates of these would be barrod to hl« fighting ships were he to get into an embrogllo 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 Orleans, Induced the naval officials to decide that this new factor la ship-repair should not be stationary, but rather one of the floating variety. In order that it might be capable of docking the largest battle ships, not only of the present day, but of such possible ex pansion as the future might bring forth, the Government specifications required that the “Dewey” should be able to dock a 16,000 ton ship in four hours from the time the warrior en tered the trough to the moment the keel was out of water. The Largest in the World. Such specifications meant that upon completion of the “Dewey" the Govern ment 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. The question might be asked, what sort of monster 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*4 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 la within the enclosure, the water Is pumped out of the tanks and the great trough rises until the floor 1« 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 to 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 FV4 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 ¡UaMon Fawcttt. BARONESS VON STERNBURG. Baroness von Eternburg, the Ameri can wit of the German Ambassador •nd pre-eminently the most sweetly beautiful woman in official life at t » national capital,' has lately returned to Washington from abroad, a proud and happy woman by reason of the miracle worked by a wonderful sur gical operation performed in Germany a few months ago. The Baroness when a youn». girl fell from a horse and sustained an Injury to one limb, which has ever since necessitated her w -king with a cane. time sgd an smlnonf Gorman surgeon performed an operation upon one of the ladies of the royal family who had received an exactly similar Injury, and the sneers which' crown ed his efforts was such' that the been- t-’fnl bride of tot> JCalssa*« envoy In America was Induced to wndergo simi lar treatment For weefce Ser Toot was held fa tfie grip of a pH« .» east, but Anally the rigid bandage« were re moved and «Ke wan Trot to return to her native land wfto the me nt the to”? Inefficient member TnHy restored RaiuMiia van Ktombnrg, who Was M'«s T.mian Tenrtam. Is * OaHfornla girl and Her marriage to Baren Rpcck von ’temhnrg earn# as tbe rnlmlni- Wnn fit *ne rf the prettiest Interna tional romances In which as Xmerl- can «M has figured. The Wreto"" beauty Slid tfie titled I7es UFJ diplo mat first mot on «fitrfl'nerd while toe sing ffie Xthntto. Tt camre Bmgwwn«- lv near being a rese at tore at first sight on both sffles. Ent the Herman mrerernWl tofesjt fatherly Interest to tto ffitW ststeemen. threatened tn undo Owolfi’s wort by toatetfnr W rustomrrv tn such cases, that the American girt should bring to the man of her choice a fortune of *20,000. Now Miss Langham comes of a very old Kentucky family, but none of It« members happened to have *20,000 to 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 officials relented, and the couple were married. When Baron von Sternburg took his bride to the Fatherland, she carried everything before her by virtue of her beauty and sweet disposition, and the Ger man Emperor remarked; “If I. artist, I would wish for nothing bet ter than to paint your I™*™1*- ... The Baroness has violet eyes, wi long, dark lashes, reddish blonde hair, and < marvelous ate she 1« a native of the Golden Cate Rtato. her father was an and Ker mother « native of This mistress of the German Em bassy at Washington 1« *’ mt rf Some In Europe as to Amu let, tor she was eduqited Jn Faris and Dresden and made her formal entry Into society In London. _ The Ftornhurgs are J™»* closest personal- friends dent and Mrs. Itoosevett. Indeed, toe B M tten a mere secretary at the German Fmbassy. tree “Tn Roosevelt*« cronies In toe jrhen the present Chief MarlstrateWf« a CM! fiervlce Oommlssloner. Tto re men rode and walked _ tojrtw ■ 1 d^f WMdeSgWtedVhea^la «*d <*mi rewtfen of their honeymoon at tbs WMto House. leet battleships of the Navy, it can lift itself as well. In other words, It raises its own bottom out of the water while floating 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 a huge engine, the Navy Department had a still greater problem to solve when it considered methods of sending the Dewey to the Philippine Islands. The great size of the machine meant that it could make but Blow progress through the water and the Government had had no expe rience in sending such structures across the uncertain Atlantic. How ever, the inducement of extra good salaries enabled the officials to obtain a crew of experienced men to handle the dock. The hollow sides of the enor mous engine provide abundant living 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 tho ration allowances are double those received by the men of the United States Navy. Since the dock has left the United States, it has been in almost continuous communlca tion with the shore by means of the wireless telegraphy apparatus on board as well as on the three naval vessels towing it It is supposed by th? Gov ernment officials that it will take near ly four months for the structure to make the trip to the Philippines. NATIONAL IMPROVEMENTS. GREAT WORK OF THB GOVERN MENT IN THE SUBJUGA TION OF THE DESERT. Thirty-seven Million Dollars to Be Used by Uncle Sam in the Construc tion of Great Works and Creation of Homes. reclamation law was passed setting aside the proceeds from the sales ot public lands in certain Western Stat«« 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, tho nation made an advance of the receipts from the sales of certain public property tc make marketable other public prop erty. Out of the many millions ex pended by the Government In river and harbor Improvements, not a cent has ever been returned directly to the Treasury, nor was it expected that any return would be made. There is no 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. Department« Wide Authority, Thirty-seven million dollars for Irri The irrigation act gives the Secre gation. This amount, as shown by the tary of the Interior a very wide lati following table, is the estimated figure tude in the investment of this large fund, although he is required to Bpend of the appropriation for Came« 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 hur ricane such as might usually be encoun tered on the Atlantic 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 safety 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 as follows: After passing out of Ches apeake Bay, it takes a course due east ward across the Atlantic to the Ma deira 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 was 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 sail through 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. DAM SITE ON THE GUNNISON RIVER. work which will be available In the the major portion of the fund arising fiscal year of 1908, the sum realized from tue sale ot public lands within from the sale of Western public lands each State or territory for the benefit since the year ot the passage of the of their lands, so far as practicable. It Is a recognized fact that the con Irrigation law: tributions to the fund from the vari Year Ending. June 30, 1901 ••••••••••• *3,144,821.91 ous States are in most cases not In pro " 30, 1902 .............. ... 4,585,520.53 portion to the need of those States for " 30, 1903 .................... 8,713,996.60 irrigation. Arizona and Nevada, for “ 30, 1904 .. .................. 6,826,253.59 Instance, whose lands have contrib _ Other Dry Docks. “ 30, 1905 .................... 4,757,978.87 uted very little to the fund, hav-» The United States has a couple of " 30, 1906 .................... 3,250,000.00 probably the greatest need and oppor other floating dry docks, one at Al “ 30, 1907 .................... 3,000,000.00 tunity for reclamation, while on the giers. La., but recently completed, ana “ 30, 1908 .................... 2,750,000.00 other hand. North Dakota and Oklaho another at Pensacola, Fla., formerly ma, though large contributors, have stationed at Havana. Before the float Total ....................... *37,028,571.50 perhaps the least actual need for irri ing dry dock was considered a success, The estimates for 1906, 1907 and gation of any of the Western States, the stationary dry dock was the only 1908 are made by the General Land in some cases the chief aim of politi kind available. This was completed Office. cians has been apparently not so much upon shore, generally of concrete and This fund is, according to the law, to develop irrigation as to secure the granite, with sloping sides and a con to be invested by, the Secretary of the expenditure of Federal funds in ths cave trough for the hulls of vessels to Interior, in feasible irrigation pro section they represent. fit Into. The Navy has sixteen of jects which will repay the amount to these, four being situated at Brooklyn, the Government, in ten annual install Has the Lnmity of Land Crabber» three at Norfolk, two each at Phlladel ments from the settlers. ment as displayed by Secretary Hitch phla and Mare Island, California, and The apportionment of the fund by cock has of course given rise to more Secretary Hitchcock has been practi or less adverse criticism and attack, cally completed and the plans matured especially from men who have viewed for expending the entire fund on cer the reclamation act as a great oppor tain definite projects In the West, tunity for either direct or indirect per which practically brings to an end fur sonal advancement. The men by whom ther surveys and examinations, and the public domain has long been con permits the concentration of effort of sidered a legitimate prey, bailed the the Reclamation Service on the build passage of the irrigation act as an im proved method of converting to their ing of a few Important projects. irrigation and Rivers and Harbors. use the nation's resources in the West. There are many people who do not Mr. Hitchcock's vigorous measures, entirely understand the difference be however, have seriously interfered tween the appropriations made for the with their proceedings and they are reclaiming of arid lands and those for correspondingly bitter in their denun the Improvement of rivers and har ciations of his acts. bors. There Is a disposition to criti The States thus far to chiefly benefit cize Congress for permitting the ex through the irrigation law are Ari penditure of millions in making hab zona, Wyoming, Montana and Nevada, itable and productive large areas of although some of them bave them the public domain now worthies«, and selves made to it considerable contri at the same time cutting down the ap butions. Wyoming, because of its str*, propriation for work on our national teglc geographical position and the fact that much ot the water supply ot waterway«. Apparently the fact ba« been over the West originates in that part of the looked that Congress has never made State, must of necessity have the stop- an appropriation of any «peclflc sum (Continued on next Dage,) for reclamation. On June 17, 1902, the BATTLESHIP IOWA IN NEW DOCK “DEWEY." docked In the "Dewey” and within an one each at Portsmouth, N. H., hour and a half from the time that «ho Charleston, S. C.. and Puget Sound, was in position, her keel was out of Washington. The nearest rival to the "Dewey" the water. In th» same month, the is the title of Our New Catalogue for 1906— the most beauti United States battleship Colorado, with among the floating dry docks of the ful and instructive horticultural publication of the day — a displacement of nearly 2,000 tons world 1« that at Bermuda. While it is 186 page«—700 engraving« —7 superb colored plate«— more than the Iowa, waa docked in two 45 feet longer than the "Dewey," its 7 duotone plate« of vegetable* and flower«. lifting capacity is but 16,500 tons, hours and sixteen minutes. To (I.. IM. C.ul.<u« th. Urrnt ponlbl. dl.trll.oUo., <M th. Iollo-ln< lib«rU o*«l which Is 3,500 tons less than the Will Bsffle the Toredo. American structure. In Austria, there One of the most essential needs for 1« also a floating dry dock of 15,000 a dry dock in the Philippine Islands 1« capacity, and one In Germany capable Count* a* Cash caused by the accumulation of a great of lifting a burden of 11,000 tons. a w«rr on. who will Mu. wh.r« thia vf».rtl«Mi«t wm a»'n and who amount of marine growth upon the Mrtow Ten Coot. (I. «am».), ” will nail tha catalogs., .nd alao a«nd free ef cham, ooriamoo. SO-C«lt" Henderson " Collection ol <««<U, contain. hulls of all vessels spending any length J Peculiarity of Siberia. Ing on. Backet each of Wart Mini dwaar /*,.»/ Clear Fee./ Peotlat, erlxad/ of time In tronfcal waters. Naturally CrdHf f'itttrii Hi*4iritn‘i HtwYtri Ltttuttf E*rly T s »» m /9/ In parts of Siberia corpses that have o.d «Hire Tlffi fc.elar Xedbka In ■ coupon .notion., which, when emptied a «teel dry «dock In such a locality ud rea.rMd, Wiu he accepted M • U c e t caaS payoMot »■ an; orttaa lain buried for 150 years have been would also become befouled by barna Mlo«.un|t.*l.oou4w**'d. ____________________ cles, toredo«, etc., and It 1« at this exhumed and found in a state of per noint that a most peculiar feature of fect preservation. The soil freezes the "Dewey" l.v brought to light, for In many feet deep and does not altogether addition to being able to lift the bear- thaw out in summer. Every Empty Envelope TETER HENDERSON & CO T ”
