". " -"f
mn m ittfln,
THE
DAILY
" -
Jt O
ii
VOL. XI
r
SALEM, OREGON MONDAY MAY 13 11)01
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S3S
V
JOURNAL
NO lis
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MiriHiiiiiiiiiiiiIHBIIHIIIII(milllsBaIH8B
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Isaiem Mills 6oofl!
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aiuWBiBiU-uuuuuyj i
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9 v B
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EXPLANATIONS OF THE
NOR. PACIFIC MYSTERY
Different Theories as to the Real Ownership
of the Property at Present.
ONE SAYS MORGAN AND HILL,
ANOTHER SAYS IT IS THE HARRIAUN'S
A Mr. Schlff. Which Is German for Ship, Held the Cards While Jim Hill
Thought He Held the Spadcs-Tlic Jew Firm May Dc Inside
of Both of Them.
to tho rcecuo of tho sltiiBtion and Uio
difflculty iu rhlch operators and brokers
who have given call for Nortlioni l'u.
ciflc for tho end of May nnd July found
themselves, is satisfactorily sottlod.
RAILROAD BONDS
HAVE BEEN LOST
Somewhere Dctwcen New
the Pacific Coast.
York and
&
They Bolonsr to an Estate and Seem
to Have Dropped Out of Sight,
5 5
THE LARGEST line in Salem. A minute inspection
of our stock will convince you that we are showing the
largest assortment of clothing of any house in the city.
SATISFACTION IS GUARANTEED; CLOTH,
FIT AND WORKMANSHIP.
mm
a
m HOB COPvIMHJROIA.l B1
(HBHHHIflHHlBBBBBIBBRBHBIIIIfliaRBIHHBHHaH1BB7
RRAUSSB
Those men's tan shoes
at 2.50 are proving a
feast for shoe buyers.
- They are going fast and
the time to buy is when
the si'zps are not all
broken. Come now.
BROS
Nuw Yoiik, Mny 13. Referring to tlio
recout corner iu North Pacific, tlio Her
ald today says: Tho Uuion Pacific in
terests milotly becan buvliic tlio stodk
through negotiations with largo holders.
urcat rsortho rn Btock was uoobtalnnble.
being very closoly held bv Mr.. Hill and
his friends. Tlio control of Burlinclon
has passed and the only property re
maining available that had any voice In
tho matter was Northern Pacific.
Had It not boon for the friendship
which Iibb oxisted for many years bo
tween Jacob Schlff and J. J. Hill, it is
doubtful If tho difficulty would have been
precipitated. On tho uprtiah of prices
holders of Northern Pacific, Including
ofllcors and directors of that company,
sold tholr stock, hoping to rebuy It in
tho innrkot at lower prices. So far as is
known, only ono of thosu sold short and
ho, a holder of record for a lame amount
unloaded his entire holdings and was
caught short llvo thousand Bhares.
Northern Pacific men Biiddonly learned
tho true situation aa the result of a con.
venation botwoon Mr. Schlff and Mr.
Hill. Mr. Hill, it is said, was boast
ing of his accomplishment of get
ting tho Burlington and was comment
ing upon tho bright proapocts of
Great Northern as a reBiilt of tho ac
quisition. Mr. Schlff Is ulloged to lmvo
said in reply : .
"Mr. Hill, wo have bten friends for
n period of lb years and tho Ami of
Kuhn, Loubit Company have financed
tho Great Northorn Railroad time and
again when its crodit was not as high
as it is at present and whon tho nron-
orty was vastly from its conditions now.
"l liopo that tho friendly rotations.
both personal and of a business, naturo
will continue and It iu only in con
sequence of our friendship that I toll
you this. I think I owb it to you, Mr.
Hill, to lot you know that vou and vour
friends do not hold tho control of North
orn Pacific. Tlio control of that road Is
tho furious buying of Northorn Pacific
was noted, In Now York, London nnd
Berlin it was tho samo. Tho orders
wro unlimited, either as to nricoor
quantity. Tho conclusion seems definite
that some of Mr. Hill's friouds had
parted with thoir stock and werenotat
tho time tho absoluto owucra of tho
property, Nothinis elao could nossiblv
otjilnin tho employment of James R.
Keono by tho banking houso of J. P.
Morgan k Company and the tromendous
purchases of tha stock throuirh Street &
Norton, who openly bid in 1G0.G0O
shares and forced tho price up 24 points.
"Hint Boino of tho buying camo from
Kuhn, Loeb & Oomtnuy is not unlike
ly, but what Is called tho competitive
buying was not altogothor a contest bo
twoon tho rival interests. It was duo in
part to heavy repurchases of stock
through n Broadway banklmrand hrokur-
ago houso which handled tlw speculative
accounts of some largo Interests Idontl
flod with tho Northern Pacljlu proporty.
It will undoubtedly tako somo time to
doflnitoly settlo whoro tho control of tho
property really lies. That tho contest is
vory closo is indicated by tho buying by
both parties of fractional sham loin
throughout tho country. Both houses
havo, iu addition to Btock, aomo con
tracts and whoro the contracts rest it
cannot bo stated' positively. More light
will bo thrown on this point, howover
with the arrival of tho steamship from
huropo.
NTKW YoilK. Mav 1.1. Lost pnmmvl.npn
between this city and the Paciflo Coast
lire Mrt.lHHI 111 rn rnn.l l..,,l- ...I.!. I.
David T. Hartahorit nf Ilmntk.,, a
anxious to find.
Mr. Hartshorn is tho administrator of
tho estates of Richard Lauor and
Carolino M. K. Lottor. Mr. Laucr and
Mrs. letter, hisdaughter wero residents
of Brooklyn. Tho formor died on Mny
1, 18!U, in San Francisco. Ho trans
ferred to his dauchtur. Mrs. r.ti..r na
railroad bonds of tho value of $1000 each.
.Mrs. hotter was with Imr fntlmmt iim
tlmo of this death. Slio died in Rrook-
iyn on .November 10 laol. Tho bonds
lu question formed pat t of tho ostntoleft
by her but the Administrator, Mr.
Hartshorn has been unable to looato
them.
It is his belief that somo timo beforo
hor death Mrs. Lottor doposited tlio
boiulsln somo bank or safe donos It vault.
eitlmrin this city.Chicago.Oinclnuntl.St
Louis, Knneas City or California. Mr.
Hartshorn has recovoroJ all tho ititr
wit coupons bolonging to tho bonds, but
lits efforts to trace tho homU themselves
havo failed,
This missing securities aro poven first
mortgage bonds of the Texas & Poclflo
Railroad Company. 2(1 first mnrim.n
bonds of tho Chicago, St, Paul A Min-
neupolis Railroad Company nnd tho
first mortgage bonds of the Metropolitan
Klovuted Railroad Company of this city.
SILVER BULLION
STEALING DISCOVERED
4. ana 20
Doctors
dOI
M
V.i
Can't cure an incurable disease. Nor can Ayer's Cherry
Pectoral. But it has cured some most desperate cases, as
you- can sec by the testimonial below.
There is this peculiar thing about Cherry Pectoral : it
cures slight coughs and colds, and it curcsthe hardest kind
of lung troubles, also. We mean severe cases, desperate
cases, chronic cases, such cases as no otner medicine in the
world touches.
"I mi given up lo die with quick consumption. I rapidly lost In weight from t38 to 98 pounds. I went to
bed never expecting to get up alive. I had repeated hemorrhage, and my cough .e.med to bo beyond control. I
then read of Aye Cherry Pectoral and began Its u.o at once. In nine month. I was back to my old weight, a
well man again In evvy way. How can I thank you enough for giving such a life-saving euro f
CitAULM K. IIartman, P.M., Glbbstown, N. Y.
James R. Keono In an intorviow last
night Bald: "I boliovo Morgan and Hill
havo control of Northorn Pad lie. Hnmn
time boforo tho so-called panic, J, Pior-
pont Morgan A Company bought 180,000
Bhares of Northern Pacific uinnk i.lirnn.i,
Talbot J. Taylor & Company. Tlio order
iMwuxecuiwi bo quickly and with bo
much suddenness that tlin m. rot, ,,..,
wore iiiiuio beforo anybody could dolor
1II1I1U IIIHL WIHlt till, inn n .
But a Plucky Sheriff Recovers Aost of
the Stuff.
Paiik City, Utah, May 13. Geo.
Itedsull and Albert N. Nlles wore urrest
(Ml today, chargod with stealing slher
bullion from tho Mnrsac refinery.
Thefts will amount to nearly $15.000.
Groater position of the bullion was n.
covered by tho aherlff today.
MORE TIME THAN A10NEY
Some peoplo have to spond, but if you
have no time possibly you might like to
Havo one 01 our una 15 jewel timekeep
ers, as they do not require much money
for the investment. Our stock of lino
watches for ladles' and gentlemen is
complete, and embraces ovory thing hi
Klglu nml Wultham vsutclit'y.
Turkish Difficulty Is Not Settled
Pauih, May 13. A. corresoondent of
tho Associated Press loarns on trustworth
uni j ubiuu. urn uuiurui m nun roiui ih j-u "hui uiu uuyini; mcanll nnii.n.ln. i,. ...,i n... u..u
I. Kuhn, Loeb 'Company, ofiico at StSffi?" -
rll , VloZnTJ1 with foreign post o.Ilces, the I
edto-them. ilZTr.. .W'" . K
buying." ' "-i" iiiiiiuHuiiu in n iow nays oacKei uy u
ri. . 'r:'. .,r. I naval demonstration.
Iho runes says: "It was learned Into
last night (ran a sourco thut should bo Chief Justice Fuller In Supreme Court
In a position to bo well lnfnr..w.,i ti... 'f,win ,..,. ...,..! m. u......f .1
,, .. .,. . ....v Miuuuiiiini .mi iimiviuii.ui iiurruu 111
tf... nHH.nl nlnnlili.l.l .. f. . . .. .. .. . ...
... bluu, hiiivhiiuiuiiie iniorcstfl in tlio v. H Ulrcult Court district of WaBh
Northorn Paclllo of tho Hart Iman peoplo ington incase of Cluis. V. Norstrom
C, T. Pomeroy
288 Cora'l St. Watchmaker and optician
DRESS
GOODS
mat isn t poastb 0." Mr. Hill re
torttd. "I own 30.000,000 of tho Bluff
myself nnd I havo not sold n Bharo.
With my holdings nnd thoBo of my
frienda wo havo an abaolute majority."
"You may be holders of record of tho
majority," replied Mr. Schlff, "but mo
hold tho certificates. Including the
common nnd tho preferred slock, wo
havo a clear majority."
Immediately aflor this conversation
H
I Three sizes :
I 35c" 50c, $r.oo.
I All druggists.
"mmmm m-mmmm mm'mwimMm.im,
To keep on ltand you will like the Jt.oo ite bt, nd you will
need thli amount to euro a chronic or very severe caic. The 50c. lize i
ju about right for bronchitis, hoarieneu, la grippe, croup, etc. The ,3.5c.
size is convenient when traveling, and is enough to break up a freih cold.
J. C. AYER CO., Lowell, Mmi.
THE NEW SHAMROCK
WAS OUTSAILED
Will Not lie a Match
American Yacht
for the New
Unless the Ilrltlsh Sports Are
Ine Her Back to Win Money.
Hold-
ia sulllciont to give them control of the
proporty, this regardless of commit.
inontH for future delivery of stock."
He Has Saved My Life
Lovoon, May 13. Tho
ommltteonnd J. P. Morgan
exchango
have coine
SALE
NnVnlK U'liaVll If, V.uir Riun n...1
---.- ..-. ... i(i,, .urcil mill
Hrowil. JO ffu-lx.n .(,!.. a.,, I ......
-, ..-.. ., t,lu n,ii, nui vil
1.25 11 yard, special
78 cents a yard
50 Ilioll lllnlll llU!nro riI.. 1 nc
values
Special 82c yd.
88 '"w! mlxe,lWr8elnNRVvGrecn1
ir mm uruwn, rfguiar pric Boo a
d special
63 cents a yard
Ura
van
SE4MS
ALLOWED
FOR.
I van! llilttnrilA In nil llm twiur
shades, regular 0 00.
Special $4.68 patterns
Plaid and fanoy novelty goods in
full lino of colors at
18 cents a yard
A lot of rppnlttr 7 ln"ti nK niu.1.
.. h.,.
iu new auu uesirauie styles at special
48 cents a yard
SKnluWrlo,,- "'. Ore, May 1 im
To whom these pri-renU tball, come irctlmr,
Thl. 1. tncirllfv lli.t I Iiiiva lyw.ii .illlllfw1 urttu
O vn r Inn Tumors fur a inimlmr of ytnn, also
livi.plriiltlila. I ilffclri, tn unlillnlv .l.l nn.ti
oalb lliat tir J. K. Cook, of balcm, Oregon, liiu
remoreu aiil tumon, two In number, wltliout
tne uso or kuue, pimtcr ormjlwinoiiiUrusii, tini
(lilt I am entirely, mu in I Iwllere permanent
li f'llril. 1 nhi'rfilllr rvimiiipnit lip Vuilr ti .11
erou atttcted ax I wu. I fcvl tbat bu ba
nared mv life. Mi lionie 11 Ihreumlla. aouth ur
Tint. mp llp..n
MfUV, W.BUH(
01IIH. I AlllMd.r. IUtliUl.1
RnliinrlliPil mil Murnrti in libfurH inn thl. Hr.f
day of May, IV01.
pi'bi aiinciirii. n . . iiai.u.
County t'lerk.
Do Not Listen to TCappers"
Wlin Bra Mr,.,! (nHAftiliiA iiia nml mv nin,lt.l..
of trtatmeut. in couM not euro ix-oiilo there
would be no line to tltihl me. It la Imumiiu- i iin
cure lKopla that I am penlxontly mltrepie-
-v...vr u... .W, .71, V.I,IIB IUI.R Jll.fc HIV
l.mi. .nil kninH ..rilij. l.t ..ii1a In r...... ..
land by me, tut which I am thankful
Srnd for Circular! containing ledlmoiilali
from patient cured both lu Orwou and lu the
are bven told ou could not be cured Dr
( ook liaa cured biuidredi of (ieople whow cuw
i,m . .-: r...""" "i-' 17 me uiu.
ThudouUirhaaderoUxl the beat eari of liU
'" " "" ""y " uiM-aw, aim me uw ana o
tlon of Naturu'ii veBetable remedlen, until he
knowi absolutely jutt what he can do. Tb'a
Dlvikh IJm fllill(litatiiA
I(A(jENT5)B
BEST
FITTING,
STYLISH
SUPERIORITY PGUAnANTEED
POPULAR PRICES
Dr. J. F. Cook g'?a,l
Curallkindiofdliertaei, '
OBlce, 801 Liberty Bt, Balem, Or
i
III i'I
m El
S BULLETIN fel
..S WWWBWi Hi.
"5" "
ro'
under sontonco duntli for murder.
-----
fusing to gront writ hahoas corpus.
Illinois Central passenger train jump
ed track thirty miles from Jackson, La.
Mail clerk and fireman killed, englneor
will nislntant mall clerk Injund.
Loniio.v, M-iy I,".. Slnunroek I today
heat Sir Thomas Linton's now Imni.
live minutes and five HecondN nvnr iim
tr lingular courso of almut 20 miles.
I There tns no dlscovorahlo holding
hiiekof tho challenger, nltliough onco or
twice she pointed such n course as loft a
suspicion that the steersman wifmmi
taking ml vnnlngo of ovory chance. The
results of todny's trial was distinctly
disappointing to those who had pinned
their faith In tlio now challenger.
WOULD ESTABLISH
MINIAIUM WAGES
JfejAc
I II mmdFi&ii
aWur.iJji.jJa.i.ifjlnwvMPipri
fiou66l6aninfl
Sale
THE LATEST
Proposition which ought to interest you
is our weekly specialty sales. This week
wo are Belling watch chains for ladles or
gentlomen, $1.00 values for 3 00, All
others at same hlg discount. Go mo and
look nl them, nml if u llinm.l.t ill,..
through your mind tha' they aro not
matchless or the money, you aro not
familiar with tho market. Tho now lot
of Hawk's cut glass we hnve received ro.
contly is being admired by lovers of cut
glass, Call and see it, you are welcome.
BARR'S JEWELRY STORE
LoudorB in Low Prices,
Such Said to be the Object of the Fed
eration of Labor
E55SSS2S
HHHLV
FAINS
LACE CURTAINS
PORT1EUS
TAPES'IRIES
SILKOLENBS
RUGS, ETC.
Nnw Vohk, May 111.- Puiiiuol (."ouw
pers, president of tho Aiiierionn Federa
tion of Lubor. accordlnir to tlin U'.hIi
ington correspondent of tho World.
niado it statement last night in
reply to assertions of President
Huhwub of the United Htatos Httel
Corporation before tho Industrial Com
mission that labor organizations put all
men oun levul nml prtiveut one from
advancing unless all advance. Mr. (loin,
pure rn Id:
"It is a inlsstatHmeiit to say that wo
aro endeavoring to fix ono price for the
wages of workliigmon of any one Hans
What we aim ut Is to establish a mini
mum of wages, below which a .working-
man will not Imi obliged to labor, llo
cauee it minimum is uatahllHliwI It ms
not follow that a worker uitniiot lecolvo
moro than Unit.
"We are engaged in proinotim; the
general wtilfiutt of tho MurkniL' i-1uhhui
r . u aua b a. iiKiiiui man h iim r - -"
goods of Indifferent or oor nuality cost i"1"1 ritiniliig at their geiinral iinpr..vt-
Dioaniicru mat mace is j. r. itniuru'.
This sale offers an excellent nnnnrtunitv n
those neat housekeepers who want everything
fresh and clean before the hot weather sets in.
What's the Use of
Talking...
There Is plenty of places whore you
can gut good liquors by puylug exorbit
ant prices; thoro Is ono place whore you
can net the very best at figures as low us
RUGS--1 7x34 Smyrna LQn
wilh fringe OOt
Bifplow AxminiMer
without fringe 10x36
18x36 Bigelow ax'
minster, w,"rl0e
90c
$1.35
30x60 Biifelow ax
minster
27x63 Bifjelowax" 0 OH
milliliter w,ftijje Cp.J
LUCE CURTAINS $I6
with
frlnjt
36 x 72 Bfcelow
Electra hemmed
36 x 72 Smyrna
jvith fringe
16-inch ;'imterclam
Smyrna
y $3o83
$3.65
$2.95
$1.80
POfi
I
IEDS
$2,12
$675
s safe every wav toortler wliatoveryou
llkeiu the way of wines and liquors at
uogers',
&JT'
CflfiCM-r
J. P. ROGERS, $
ia hi
Commtrclll
Kfrr.t
Wholesale and Itetall Llauor Dealer
BOSTON
ECONOMISTS FOR THE PEOPLE
STORE
The great Inducement 8 offered by other 1ioumb
seems to have no iffeot on the patronuge of tho Itoston
Store. We ore crowded every day, Up-to-date mer
ehandUing and real honest values is what the jieoplo ap
preciate. Quick sales and small profits is our motto.
WATCH OUR ADS.
Ladles' -10c roft white Kgyptlan eutlou vU kdig
sleeves, fanoy ribbon and lace trimming, wihi prk y,
15o India Lawn, fanay laeo and ahek white Hoods,
sale price 10c,
8,He white cheek Nainsook, sale prtee f.
7,i,' best American fanoy light (thirtlng mwlm,
sale price 6c.
8H best heavy eheek apron Ginghams, sal )rk
Mi cents.
8c heavy double twilled crash, sale price 0tf.
18x3t white buck towels, special rule price 0,
lOo heavy cream shaker flannel, sale price 8Jo,
j Sheeting, white bed spreads, sheets and pillow
caVm at wholesale prices,
18o Hea Island percales 0 Inches wide, the buxt
goods manufaoturwl, salo prlco J2ia.
7J4v ny sheer lawns, pretty styles and patterns,
sale price lo,
We sell dress goods at prices that will astonish you,
120, IBo, 36e, and 35c worth double.
Oat oor prion on ladles' suits, dress skirts and
waists before you buy. It will bo money in your
Our millinery department always busy. Trimmed
hats ami sailors at prices that wllj guaranty qiilcfk
303 COMMERCIAL ST.
Opposite Postofflce, Salem, Oregon.
infill rather than trylnir to uul mie ore
f rrt.l pohilion for some trtlfiinr Individual,
It may he true Hint there a recti no
vthere a hiboring man advancoH beyond
his colalxirers but it is usually at (he
expenro of others. Hotter thoooiidUl.ii.n
of tho oraft generally and all will prollt."
Our (ioveriimnut Is olllofally informeil
by the UiimIiui government that the
Itusslan pohuy from the first hits beuu
land still Is to maintain tho Integrity of.
mu viiiuiese umpire ami iiih govornmeiit
oi unit, oountry us It existiMl "ab
antique."
Latent from .Mrs iloKlnlcy Is that she
restml vell Inst iildilst Kau KrunuUitn.
but u ii low thoro Is a radloal tfliaugo (or
tlie Ixitter parly will Ihuvm fer Washing
ton, Ii O., as soon as celebrations lu
Kan KrauoiMio aro over.
...FRESH...
Cream Chewing
..Taffy...
Al
Ellis & Zinn's
9c and II l-2c
a yard
JAPANESE GOLD CREPE
DRAPERIES
THE PRESIDENT IS COMING
WU HAVE 1'URCHASKU bSI'fcCIALLY FOR HIE OCCASION A
BIG LINE OH EES'IOONING DRAPERIES AND FANCY TISSUE
PAPBR DECORATIONS. :: : ' .. ..
STARS ' WREATHS - BALLS STREAMERS .
both i ricolos and solid qolors
of red. white and hlue :: :: ::
RED, WHITE, AND BLUE' BUNTINO:
WE HAVE IHOUSANDS OF YARDS OnTiAND "
Ani re p,tftti i0 Fll fy ad all Orders at the Lowest Prices.
LET US CELEBRATEiavI. "
- --- - iiiiiiii -
S3
i
i
,!
" '
54 SUtciStrcct,
Slra 'Phone 2174
JSLiTT-