Capital journal. (Salem, Or.) 1893-1895, August 17, 1893, DAILY EDITION, Image 1

Below is the OCR text representation for this newspapers page. It is also available as plain text as well as XML.

    ilVr7n
One cent daily i
S5cte. a aetk fey J1
Prepaid la Advuce
Associated Press Daily News
paper Published on the
Pacific Coast.
$3.00 a Year.
JOTTRNAI
- -. aj
v7xJr 1 JL xxJLj
I A Vo Papers Seat "Whew
l4SIBJ
Time Out.
VOL. 6.
DAILY EDITION.
SALEM, OBEGON, THUKSDAY, AUGUST 17 1893.
DAILY EDITION.
NO. 194.
fj WfWt II
'SsSsSSsWssHE'EBestA
flMRffUHnlsrS Hffi s B BfaggsV
FOBS
POT
Is tint the wav you have been buying your goods 1 We
have tried it for a year and a half in our business and it has
proved a decided success.
WE BUY AND SELL FOR CASH ONLY.
Try this same method for yourself once. Buy from a cash
store. Save the usual per centage added for bad accounts at a
credit store, and you will be happily surprised at the result.
The New York Racket
Offers you genuine bargains in BOOTS and SHOES, HATS,
SHIRTS, HOSIERY, UNDER WEAK, TABLE LIN
ENS, LACE CURTAINS, COUNTERPANES, and a
general line of notions.
Bring your cash and get full value for it.
E. T. BARE
State
f H. W. COTTLE & CO.,
General Insurance Agency.
Representing the following well-known and reliable Cempanies:
BTATE INSURANCE CO , iEtna Insuranoe Co.,
Traders' Insurance Co., Bon Insurance Co..
National Insuranoe Co., Westchester Klre Ins. Co.,
Lion Y Ire Insurance Co., Imperial Klre Insurance Co.,
Iiondou s, Lancashire Fire Ins. Boo., London Assurance i orporatlon,
Alliance Assurance Co., Norwich Union Klre Ins.doe.
Oldest and Leading Firm In the City Devoted Exclusively to Insurance,
J.
W. THORNBQRG,
THE UPHOLSTUItER.
Recovers and repairs upholstered furniture. Long Experience in the trade
enables me to turn out first-class work. Samples of coverings. No trouble to
give estimates. State Insurance block, Chemeketa street
Ed! C.
CHURCHILL1 Pumps, Ptimps.PiimP
BURROUGHS
j
F. T. HART,
247 COMMERCIAL STREET.
Lamoureux's Stables,
riga nor poor borees. " "' "
West Printing
do better work than ever,
tention.
203 Commercial St.,
SMITH BROS.,
CONTRACTORS & PLABTEKER8.
Leave order at OotUe-rarkkunt bloek,room
IS, Balem, Oregon.
P. J. LARSEN & CO.,
Manufacturer of Wagons, Car
riages, etc.
Repairing a. Specialty.
SnopeSBUU street
FARM FOR SALE.
o,v0Adruw
om good Umber. Trmi yery uy
din O, I Wsn
W-lm-dW wbUnd40f.
CASH ONLY!
S,
Ins.
Block
Cross,
111
Wholesale and Retail
Dealer in Fresh, Salt and
Smoked Meats of allKlnds
95 Court and
110 State Streets.
103
State Street.
Choice
KmIx
LEADING MEE0HAN1
TAILOR.
Co.
Has just received some
ne tiin lnfpRfc faces of iob
Jfcvne and is prepared to
Country orders receive prompt at-
Baleni, Oregen.
MONEY TO LOAN
On lmproTe Bel EaUte. Id nJ?a
UnietomzU. Hodelaylnconilderlns loan.
FEAR & FORD,
Boom 12. Buita Rank bkiek. 6 13dw
CflflS. W0LZ,
jfoprletorof tue
GERMAN x MARKET
Booth OontmwcUlBU '
All kind Freeh, BltSJ4 Smoked Meats
"TSaBMuvnr,
FINANCIAL
w
Immense Steel Rail Mills
Suspended.
AN OLD IOWA BANK CLOSED UP.
Colorado National Baak Resumes
Business.
A DOZEN PASSBNGBRS INJURED
By Train Collision Near Dubuque,
Iowa.
A Gold Bill.
Whbhinqton, Aug. 17. Senator
McMillan introduced a bill today to
provide for the more extended use of
gold. It amends the statutes by reduc
ing from 20 to Ave dollars the mini
mum issue of gold certificates for gold
and gold bullion deposits.
Discussion of the Montana senatorial
question consumed much of the session.
The senate agreed to vote in the Man
tel case at five o'clock Monday. Senate
finance committee will probably report
favorably on tbe unconditional repeal
bill tomorrow morning and ask that
the body fix a day for a vote perhaps
within a day or two of the vote in tho
house. The committee agreed upon
all but the phraseology of the bill
which will contain a declaration iavor-
able to bimetallism.
Steel Sail Mills Close.
Pittsburg, Aug. 17. The Oliver
Iron and Steel Company, one of tho
largest concerns in the country, went
into the hands of a receiver today.
Capital of the company is 51,000,000.
Apparent indebtedness $600,000. Bend-
ed indebtedness $585,000.
Tho Old Cooley Bank.
Dubuque, Aug. 17. The First Na
tional bank, one of the oldest Institu
tions In the state, with a capital of
$200,000 suspended this morning. The
statement showed half million deposits.
One Resumes.
Denver, Col., Aug. 17. Tho Amer
ican National bank resumed business
this morning.
Wreck in Iowa,
Dubuque. Auk. 17. A passenger
and freight train on tho St. Paul road
collided at 3 o'clock this morning, three
miles Bouh of the city. The passenger
engine and two cars went over tbe em
bankment, and a dozen passengers
were hurt.
New Manager.
Rt. Paul. Minn.. Auk. 17. Acting
General Manager Kendrlck has been
appointed general manager or the
Northern PaclUo Hallway, by the re
ceiver. Will Not Discuss Silver.
Detroit, Aug.17. Logan Chlpman,
congressman of this district, died this
morning.
T.nnrlno Weakening.
T.nnnw. Ana. 17. The acting of the
eovernraent iu lowering tbe price ot
.w..'v.., o-
India Council bills, caused greAt weak
enlng In exchange here today.
Factory Pails.
niitniuiTr. O.. Autr. 17. Tho
In.-.-A.A tvcrnn lorn nan y. largest of
iu kind in tbe United matee, amKu
l.l. mnrnne to UrUV & xju.iuytb.
Assets $120,000; liabilities I7uu,uw.
Mothers
Friend
IIHLSfiLL
FLUCTUATIONS
Colvla, U., Dee. . "
My wU b4 "Metier. Ff Uivl" Utor
TeruUltf HI. AUeats.0.
Daring Bobbery.
St. Louib. Mo.. Autr. 17. The Bau
Francisco train number four, due to ar
rlyo this mornlntr, was bold up by two
men at St. Jamea, Mo., this morning
and robbed. The safe was opened but
the amount taken la unknown.
At Chicago.
World's Fair. Aub. 17. Tho finan
cial outlook of the fair is growing much
brighter since tbe recent reduction In
expenses and marked increase of earn-
lugs.
Northern Pacific Receivers.
Portland. Aug. 17. In the United
8tatea circuit court today W. H.Payne,
T. F. Oakes and Henry Crouso were
appointed receivers for the" Northern
Pacific in the state of Oregon. Bonds
wero fixed at fifty thousand.
Denver Banks Resume.
Denver, Aug. 17. The National
Bank of Commerco re-opeucd today,
with almost a hundred per cent, of its
liabilities oa hand. Three more of the
suspended banks are expected to open
by Sept. 1st.
Branaen Acquitted.
Denver, Aug. 17. Colonel Brannen,
charged with being a leader of the mob
hanging the Italian Arrata, was ac
quitted this afternoon.
Hop i Manet.
New York, Aug. 17. Hops are
quiet and quotations unchanged.
Cables modify somewhat former esti
mates of large shortage in the Euro
pean crop, but it is generally couceded
it will not be more than 80 per cent, of
last year's crop.
Pin Money.
Washington, Aug. 17. Tho senate
passed resolutipn providing for pay
ment of their mileage.
Keport Unfounded.
London, Aug. 17. Further advices
state that tho rioting in Bombay is un
founded. "J
The Silver Talk.
Wasuinciton, Aug. 17. Daniels f
New York, opened tbe sliver debase to
day with a speech favorable to repeal
of the purchase clause.
Eeslst Reductions.
West Superior, Wis., Aug. 17.
Streetcar employes struck this morn
Inj,' on a ten per cent cut wages.
BET BIGHT.
Ed. Journal. Allow a few state
ments through your columns regard
ing tbe school question. First Salem
schools have not been without superin
tendence. Mrs. Grubbe's trip was
taken after tbe promotions and trans
farx at the beclnulDK of tbe term, and
she returned in titue to prepare exam
inations for tbe close of the year. Each
principal bad special directions regard
ing matters of general work. Every
detail of teachers' meetings was ar
ranged and teachers appointed to load
the grade meeting. Beside these
things she paid a substitute to attend
the ofllco work during her absence.
With all these precautions to those
who know best many things went
wrong.
Second, Salem might profit by tho
experience of Astoria in this matter.
She paid each principal more than ba
tern purposes paying a superintendent
ml now coea back to theDlan of a city
superintendent though sharing the uni
form trouble auoui runua. as wen say
each officer of a ship can do his part boot
to act independently with no captain
to direct all as talk of a system of city
schools with no superintendent. One
point of many may be presented.
Now while each teacher has scope for
Dm creAtest individuality In tbe man
ner she does btr work, each covers the
same ground in a given time, and chil
dren going from one part of the cl.y to
another, have no Interruption In their
work being sure of classes ready for
them to euter.
No one advocated economy more
honestly than we do, but to any per
son knowing what schools should ac
complish either employing a cheap su-
nerlntendeut or doiug away with tne
office Is penny wise and pound foolish.
Salem caunot to do without a Clear
beaded, active, well Informed person as
superintendent, if she wishes her
uohnnii. Moeciai v as tuev are expeoieu
to duUb a ten grade in nine months,and
wuuiiurkm - v ... .-w -....,
tbe rooms, will, of necessity, bo crowded
n Mvtiint of the school board havlnir
thought best to economise, by opening
no more rooms tills year.
A Tbacukk,
D. P.
As Receiver of the PertlaRd liv
ings Baik.
THAT IS TUB RBl'ORT AT PORTLAND.
Labor Riot Breaking Out in New
York City.
Thompson Resigns.
Portland, Aug. 17. It is reported
this afternoon that David P.Thompson
has resigned as receiver of the suspend
ed Portland Sayings bank, E. J.North-
rup is mentioned as his successor.
Labor Slot.
New York, Aug. 17. The first of
the riots wbieh labor leaders and oth
ers have been predicting for somo time,
as the result of a large number of men
out of employment occurred this morn
ing. A crowd of more than 6000 men
attacked Walhalla hall on Orchard
street, because admittance was denied
them. Those forming tbe crowd were
mostly Hebrews and represented prin
cipally the clothing trades. At last
accounts the hall was about half filled
with men determined to bold a meet
ing at any cost.
Want Tkeir Mosey.
Portland, Aug. 17. At a meeting
of the depositors of the Portland Sav
ings bank, held this afternoon, a mo
tion was adopted o appoint a commit
tee of five to wait upon all the stock
holders of the bank, and ask them to
pledge depositors that they receive
their money in full.
The Asiatic Terror.
Washington. D. C Aug. 17. A
cablegram from Autwerp report six
new cases of cholera, five fatal.
THE MARKUT8.
San Francisco, Aug 17.
December, $1,101. Seller
Wheat,
03; new
$1.13.
CniOAao, Aug. 17. Cash, 01 tr Sep
tember 61,
Portland, Aug. 17. Wheat valley,
07J 1.00, Walla Walla 87J 00; Dec
(1.21f.
m
AMONQ THE GEMS.
Pliny in tho first century was the first
writer to describe tho diamond.
The Regent diamond, tho property of
the French government, weighs 106
carats and is valued at 13,000,000 francs.
The finest emerald in Europe belongs
to tho crar. It weighs only 80 carats,
Irat is of perfect color and transparency.
The Mexicans carved tho emerald with
wonderful skill, using only siliceous
powder and copper tools alloyed with
tin.
tIia i-avbI irnwn nf Great Britain is
composed almost entirely of diamonds,
pearls and rubles, weighs 80 ounces and
5 pennyweights troy and is valued at
$1,900,000.
Tbe ruby, sapphire, oriental topaz,
oriental amethyst, oriental aquamarine,
nrinntnl nhrvBolite. hvaclnth. star ruby.
star sapphlro, star topas, aro all corun-
duins of uluorent colors.
rw nlitnlnwl in Mexico flvo emer
alds of wonderful size and beauty. One
was cut like a rose, anoiuer in me snapo
of a born, a tliird in tliat of a fish with
diamond eyes, n fourth like a bell with
a pearl for a clapper, the fifth was a cup
with a foot of gold and with four little
chains, each ended with a large pearl.
Bt Loois Globe-Democrat.
RAILROAD TIES.
F. II. Thomas has been appointed gen
eral superintendent of tbe Buffalo Cen
tral PrMnt Clark of the Mobile and
Ohio is trying to raise mosey to extend
bis road to Montgomery, Ala.
Tho general otti of the Buffalo,
Rochester and Pittsburg railroad have
been removed fro Bradford, Pa., to
Buffalo.
Mr. Isaac W. Fowler has been appoint
ed superintendent of the Chicago, St.
Louis and Bt Paul (Bluff line) under the
new receivership management
G. A. Henderson kw been appointed
general superintendent of tbe Jackson
ville Bonthwistern. Ho has been act-to
superintendent since Mr. Rider accepted
the superintendency of the Kansas City
belt line.
CV.nl .1 RAMI
has been appointed
1 Keueraj passenger ana ucxei agent ot uw
t Mjjonon" (LouUvlIle, Hew Albany a4
nAan nllmadi in cite of JaasM
Barker, realised to take tbe positioa of
arai paateairsr aw we t
sOTkaouZ2a a4 Tsas Matwaf
Highest of all In Leavening Power.
RoYal
m&
ABSOLUTELY PURE
ROTTEN PORTLAND BANKING
Hew One Basic's Maiagers Fav
ored Tkeasolves.
PDBUO TAXES TREATED AS DEPOSITS
Ila&dod Oat Among Tkomsolves
After Suspesslon.
It is time for tbe people of Oregon to
wake up to a realization of the reckless
way their public monies have been ap
propriated by alleged bankers and cor
rupt public officials.
The plain issue is whether half a mil
lion of state taxes shall be Btolen, and
perhaps as much more of other public
funds.
The banking methods disclosed by
the report on tbe Portland Savings
bank aro a disgrace to our state. That
report shows that large loans wore
made, by the bank managers to them
selves and friends after tbe bank had
taken advantage of the protection
clause of tbe law requiring 00 days no
tice from depositors beforo they could
withdraw their money and hence they
could get no money.
IIXRE ARK ALLEOED FACTS.
After depositors wero shut off large
sums of money wero loaned on several
notes at 8 per eeat Interest during tbe
few diva previea&to the bank's suspen
slon. George P. Dekum, rcclvlug teller
of the Commercial National bank, bur
rowed (4801 for one year. Edward
Cooklngbam, cashier of tbe same insti
tution; obtained 18400 on tbe same
terms; C. K. Cranston, note teller of
the Portland Savings bank, got f3000;
Q. H. Durham, f6T00; Ed. Dekum,
$3460; It. D. Durham, (3&10; Adolpb
Dekum and Otto Dekum, $1800. On
July 28, tbe day before the bank closed
its doors, L. M. Cox secured $2600 for
one year at 0 per cent, and Mrs. A, M.
Elkins and II. O. Whitebouse boi rowed
$0600 for the same period at tho fame
rate of Interest. On July 6, President
Frank Dekum and Vice President D.
P. Thompson, of the Portland Savings
bank, and President George B. Markle
and Cashier D. P. Sherman, of the
Oregon National bank, borrowed f 14,
000, giving collateral security, of un
known value.
There is one thing which Is causing
much unfavorable comment, and that
is the fact that two days before the
banks closed sons of President Dekum
apparently borrowed on notes $0561
and Messrs. It. L. and George II. Dur
ham $0&O. C. K. Cranston, a olerk in
the bank, borrowed $3000 on the 27th.
Mr. Cooklngbam, cashier of the Com
mercial bank, borrowed $8400 on the
same day; It. O. Whltehouse, (Mr.
Cooklngbam' tether-le-law) and Mrs.
Elkins $8100; L. M. Cox, father-in-law
of Mr. Btratton, $2600. All this looks
like a "family affair."
This is a sample of tbe banking meth
ods pursued by gentlemen who had In
their keeping at least $732,000 of taxes
collected from the people and which
has vanished from sight is their vari
ous "suspended" banks. It is more
than likely tUat they had several hun
dred thousand of Portland city money,
school funds and perhaps other state
fund.
If tbe city of Portland can stand this
sort of thing the slate caunot. The
people should not be obliged to stand
it. Their hard-earned taxes have beea
.toi outright and every wer l the
Latest U. S. Gov't Report
Baking
Umlvl
state should be exercised to compel the
thieves to disgorge If It takes every bit
of property they have and lands them
in penitentiary besides.
There has been an epidemic of de
faulting county officials, rotten bankers,
and defaulting public treasurers, like
Shipley of tho state Agricultural col
lege, who put a large sum drawn from
the stato treasury Into a sawdust bank
ut Corvallla a fow days before it basted.
Are the peoplo to have no redress for
this public robbery and wholesale ap
propriation of their hard-earned taxes?
All the power In the hands of the gov
ernor, the treasurer, the attorney gen
eral, and publlo prosecutors should be
brought to bear at once to recover to
the people the publlo funds, first wrung
from them by taxation and then ap
propriated by men like Sherlfl Kelly,
treasurers Malarkey and Shipley, bank
ers like J. D. Cowan of Albany, and
Dekum and Thompson of Portland,
who are still flaunting a bold front in
defiance of tho people.
Tub Journal voices the taxpayer.
It speaks for those who innooently and
confidingly pay their taxes. If no one
ever raised a hand to right this stupen
dous fraud or protect the publlo against
Bnch fraud it would still insist on speak
ing for those who so fur are not repre
sented in our weak or paralyzed state
government, except by their contribu
tions to tho tax collector.
-"---Ttiftifiiiiflftiimiiiftfti'
Said the
Owl
to himself, "If the
moon I could get,
whenever I'm urv
my throat I could
wit! ThetMnnn-iaiL
"--i-- , ...
quarter. wiui a quar
ter I hear; you can
purchase five gal
lons of
Hires'
Root Beer."
A DeHelMM. 1"MMfr
aaca, Thlrtt-qtMnctilag,
Good for any Umu 9t year.
A PW aulitf J eHoo. 8uniul
Set ttimn .
llmllllllll'MIIIIIIIIIIIMIIM
PROFIWSIONAL AND BUBINHSflOAKDft.
r. H. n'ABOY. OBO. O.BIMQHAK.
J Koonul.a and 3, lVArcy HaUainr. M
(HaU street. BpecUi iUtUon flvottr to omU
wk.ss.umr a. ifTfiTf a vr im-nss ijb.w.
pewi id mo HuprciuQ hu uiivui w. w v.
UU. ".
Rl". 110I8E. Attorney at law. Pslem, Of.
. con. Office '71 Commercial street.
TILMON KORD, Attorney at law, SaUiu,
OregOB. Ufflco up Uitr In ValUm Moofc.
j, maaKIl, Attorney at Ur,Jm. Or
. goi. Ofllce over Uunu's bank.
T j.biiaw.mTwTuunt. hhaw hunt
J . Attorney at law. OtHre- ovwr OpIUI
National bank, Halem, Oregon.
JOHN A. OAIWON, Attorney atlAw.rooaw
a and i, Utun bank building, Halew,Or.
II. V. DON1IAM. W.H.KOLMBS,
DONHAU HOLMES, Attorney at law.
13 omoelnButb block, botweoa Stat ana
Court, on Commercial street.
K. VOQVK, Monographer and Tip-
IX, wriiot eaatcu
m hitl nnik In OrMraa.
vrrltett Meat equipped typewriting of.
VTO JilWJ
uah'a bank,
Halem, Oregon.
TKLLA HHERMAW,-Typewrltlnt
commercial stenography, room II. Ory
nn.wiTiHiiiiiiiua. wwn
and
look. Klrml-clas wer
nfii.ii nmraTMii Minimal
eric, naiea reiwnnm.
DB. A. DAVIS. Late h.1 Graduate rf New
Vork, gives ipeoUU atlentlofi to the dl
eaaee of women and children, bom, tbroat,
lung, ktdneyi, ekln dtfMee and aurgenr,
OMoe at realdenoe. lol SUte rtreet, Ooneulla-tloarnntoria-a-"toSP''a'
7-i-
S.mOT1 lunutnixnM. "
le IloOnmmerrlal utreeU-.lCWrldge Woek.
Kremenee iu uiiu'n
. geoiu omci. Wurpby bloak; reeWeiwt,
tomnurcUtl etreeC
.. . uiiinit lL.HlUi CM BAtA -'
allem.Urenon! ttntokeel eWattel opera.
i&
tool of every deecxlptloa. JhauleM .uMi-
UooaHeclal
y
hESgr hF
BK. OLAKA M. DAVIUWOW, graduate f ,'
vaula omoa. UW-lrjra Woek, Maiaa.
J, goa. Oeeeiounfcjtia- tof-,av
III wore guarBted. Oelee Yr 3. rtf
tlreete, 17 -,.,.
w. Hirnu.aajiS5iS&',
I hT"' g' " "-"
!
II
I
Ir?
I
I"
I '
lit
1 J
!
- l