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About The Daily journal. (Salem, Or.) 1899-1903 | View Entire Issue (Nov. 4, 1903)
.'' 'vmm9t9um vs. TAmtiavT.imwm 'n-Kmmmatmvmf.rwi-Tnu. .-hm" . vmmvmo'mm ttyi - r.i THE DAILY JOURNAL, SALEM, OREGON,-. 4 WEDNESDAY, NOVEMBER 4, 1803. THREE GREEDY LOT OF PORKERS II Trample on Oregon Laws and Law Maker Re gardless of His Need at Special Session , " " ' ' """ ' ' ... WSSMiwm Duplicates another Crcmo. It never H gfe .Ji wllllilf Iw varies in quality, aroma or price. H llj lf k Cremo is a cigar of invariable goodness that is sold in every town and at iba out price ot 5 cents. Any ono that sells it for less does so with the endeavor to reflect on Cremo quality at the cost of profit. The Largest Selling Brand of Cigars in the World. Tito Band la tho Smahor'a Protection. mm reeks WITH FRAUD SCHWAB SIMPLY A THIEF i Less Thaai&xYear Ago This Wholesale Swindler and wau otreer, jxoecer was neid ttp ay syndicate Writers'! as An Example of the Selfmade Man, For the American Youth to Pattern After .f (Sensational allogaUonB yet willful to insure the payment of dividends Misstatements, falsification, swindllnc " "etnlohem stock hold by the fffd fraud in tho onamV&tton and no- Un,tcd StatM Shipbuilding company; Pi. . ... ,....,. . . . .. . In tno words of tho report, tho or- UUon of tho United States Shlpbulld- ganZBtIon of tho corapany , charc. Sgl company, attempts to mislead terized as an "Inartistic swindle." and deceive tho Investing public by Hecoivor Smith states that tho vnluo xunuus iiroHpfciuB BuuuiiiuiiiB, nnu 1 01 me pianis, inoir oarnings anil wont ing capital, given In alloged reports of export accountants, vary so much from actual figures "as to Impel tho bellof that tho figures were willfully misstatod;" that It la oxtromoly doubt ful if such accountants' reports woru submitted nt tho organization of the company; that tho organization was effected by dummy stockholders, di rectors and ofllcers, and that state ments In the prospectus Issued In June 14, 1902, wore incorrect; that for propsrty worth $12,441 D1C the oompany paid In stochs and bonds 107,997.000; that "the accommodating dlreotora of the United Stntes Ship building company In acquiring these companies deliberately gave away many million dollars In the stocks and bonds of their company" "whole- a deliberate plan to wreck the com pany by witholdlng tho earnings of iio Bethlehem Stcol company, are Dntalned in the report of Ilecdver fimcs Smith, jr.. of the United tales Shipbuilding company, mado ublic ho'ro today. Tho report con hides with tho recommendation that tilt bo brought against all persons ho received stock of the company Kithout paying full value thereof, eluding tho promotors of the eonsol ntlon, tho vendors of tho constit uent plants and Charles M. Schwab recover from them such amounts Is necossary to pay the debts of e company In full. Recommends Sale of Plants. Roc-elver Smith also recommends e sale of the Crescent shipyard ilunt In New Jersey and the Holland Holllngsworth plant at Wilmington, el . Bubsldary plants now In operation avoid further loss by depreciation, Kid tho enforcement of a rocolvor Rilp for tho Bethlehem Steel company pary." Purchase of Union Iron Works. In connection with the purchnso of tho stock of tho Union Iron Works, of San Francisco. Henry T. Scott nnd Irving M. Scott were to ngreo to enter Into a contract with the shipbuilding company not to compete with It In Its business, nnd not to employ their capital or personally engage In any shipyard or building business for tsn years, nnd tho company was to con. tract to ongage O. W. Dfcklo, n, Fop sytho and John T. Scott ns ofllcers or managers for five years nt annual' salaries of $10,000; W. II. Gould as mining engineer for five years, at $10,000 per year; I.awronco E. Scott, as assistant constructor, at $5,000 per annum, for five years; II. M. Scott as assistant to presldont of the ship building company for flvo years, nt tho nnnunl salary of $5,000; II. A. Scott, as assistant to tho anglncor-ln-chlof for flvo years, at $3,000 per annum, and Edward Qunn, ns assistant chief draughtsman for three years, at $3,000 Tho action of the Oothlehem com pany In witholdlng earnings of upward .of $2,000,000 annually wasr says tho report, "with tho apparent purposo of bringing about tho destruction of the shipbuilding company. Charge Analnst Schwab. That the execution of tho $10,000,000 mortgage and bond by the Hothlnliom company to securo Mr. Schwab at tho time of tho coiRulldatlon Is a fraud uimn the creditors of tho Dethlohom company and otherswlso void becnuso of Schwab's control of the directors. the receiver says ho Is advised. The report concludes with a discus sion of the condition of the const!; tuent companion, showing that the re- oelvor had possession of all but the H.ith and Union plnnts. but claiming that so long as tho piosent board of dlreotors of the Uothlehom company Is retalnod, no benefit will accrue to the receivership from this company. The receiver Is convinced that tho Peculiar To Itself In what it in nnd what it docs con taining tho best blood-purlfying, alterative nnd tonio substances and effecting tho most radical and por manont euros of nil humors and all eruptions, rolioving weak, tired, languid faollngtJ, nnd building up tho wholo syfitom is truo only of Hood's Sarsaparllla No othur medioino nets like it; no other medioino hu dono bo much real, Htilwtantliil good, no other medioino ban restored health and strongth nt so little cost. "I u troubled with trrofula and eme nr loilnc mr ejrealirht. For four month I could not tee to do uirtblnir. After toklnir tt,a tio.v.ioi,m o,i , la .. ki n , ol,n,i...ii.iino, ., ih wom oiiiww 1 oMpwin 1 wmn in ... c. ,.... .... -,,.v . .. ..v , .... vw..,.a., to wtllf. and when I had UktnelBht bottle I AAnrtAil 'wci rtarfilnrra nnvn lit) An ulr ti. nra annunvnnnv it itltAjimvAni liuml I 11 . n. sale plunder," the receiver terms It to a few persons, and that so far as I present interests in control are wholly But for his presence of mind nnd qiitttk action our honored renroBanta tlvg. I. N. IftlwardB, would have lost his life Inst Saturday morning. Mr. mlwnuls Is not only a Buecosaful farm er, but in ono of this county's loading dealers In hogs, nnd now has a few hundred swine on his farm north of this city, which he Is fattening for market. As has been his custom ovury morn ing ho had tnkon sacks of grain out to tho pon whoro ho usually fed tho pigs. Ho entered U10 enclosure with a sack of food on his back, and quickly was surrounded by tho hungry nnlmnls, Deforo reaching tho trough whoro tho feed was to bo deposited ho accident ally stumbled, and foil across sumo sharp timbers, his own wolght nnd that of tho sack of grain causing him to bo knockod almost scnsoloss. Tho grain wns spilled, and 200 or more largo hogs made a wild dash for It Realiz ing that he would quickly be trampled to death Mr. Edwards mustered nrTthe strength he had remaining, nnd suc ceeded In reaching tho outer edge of the enclosure where he sank to tho ground exhausted. After n time he was able to reach the house, where he Is now recovering. For n tlmo It was feared that he had sustained some broken ribs, but subsequent develop ments Indicate only severo bruises-. It was an oxporlunco that Mr. Ed wards says will novor hnppod to him again, It ho can have his way. Hugeno Ileglstor. 0 Charged on the 8trlko.rs. Tho Canadian troops this morning mido a bnyonot chnrgo on 300 strik ers, who wore molesting tho men at work on tho power plant Tho ntjlk- ors retreated, but ono militiaman was injured. oornod "its earnings have been with held In a deliberate attempt to wreck the United Statos Shipbuilding torn are endeavoring to clroumvont legal proceedings anil that a separate re ceivership Is necessary. HcwwairtKUi Jh tJLJL Salem. t ' I 'SBniflE? could see'M well m ever." BuiiB A. lUins to. Wltlieri, N. a Hood's Sarsaparllla promises to puro and keops the promloo. tewe&y Is Running in Full Capacity now TheNcwB tew Ja wi Jl JL-df KHf XVJL J3 JL!fXIl'l. It is so good you will want more. New machinery has been installed, and the plant is practically a new one, with nearly double its former capacity. Patronize home industry. Buy the home article, It is the best, and you thus help to build up I your own city Order a case of Salem bottled beer, Call Phone Main 2131. We will bring it to you Cfucatim Salem Brew 0EMAN08 CONSIDERATION There -re two kinds practical nnd "inanieninl. Tho former should be i- Mired by ovoryone. becauso It may bo iiut to us quickly. Tho latter Is do- t-irablo, but the former lo essential. Our ooursea are arranged with a !ew to uiefulnws. We don ot dabble In a I ttl of evorytblng, but devote our t.erlM to conducting rt flmt-class if- oi4 school Living oxponsoa low, Send for catalogue. Students way enter at any time. CAPITAL DU8INE88 COLLEOE, ' Oalem, Oregon. W. I. staley, Prlnolpal. l Jacob Yogi fffi Has a new stock of flrit-clMs rubber boots and shoes. All for sale at the lowest prices. J. Brownstein & Son. 54 State street Highest cash price wld for HliJes, Pelts, Wool. Tallow end furs; also feenerJl dealer in old Iron, Rubtcrand Metala. Have You Tried our cake. Our Use of fruit rakes can't be best Alto a fine line Q There's one In every package of jstsBBBBBr H together jj tF 4losol4ffcrgaNMB These Cool Mornings Suggest Denting Stoee See our corner window for the FINEST DISPLAY even shown In Salem ee ...AND CHEAP TOO. R. M. WADE k CO. 8-fre4egiatia4tioifrHM'4Mo-iiMM Willamette University John H. Coleman, Puksidknt, Salkm, OiiKqoN. College of Liberal Arts, Law, Art, Medicine. Music1, Oratory Theology. e. PREPARATORY DEPARTMET Ocen'to students completing elsblh crafle de partment lower gradts In preparatory department' Besides ofiordlosr professional training, the University ceelts to cfve a ttorovch natllcal education for all who are aware of the value of trained brain. THE NORMAL DEPARTMENT-Offers a'tfcoroush course In 16c ltoiy and practice of teaching. Meets all the rtgulrements of state tcfiool law Its teachers are In constant demand. Catalogue Upon Application. E.S.LAMPORT, OtDESiT- Est. 1869 v HARNESS HOUSE , irt Oregon. Largest Stock G6t my prices on ft flno - " BUGGY HARNESS 2S9 Cammnclal St Harritt & Lawrence : Sell more Orocerles and better Orocerles than ANYBODY There's where you get GOOD troalmeht ard GOOD ereds 3tqp in and for yourself. cui v. o. nr.l-ctiRv CAPITAL NATIONAL BANK of Salem. Only National Dank In Marlon Co- Transacts a ten., Banking business rrmntrrnrfTT Sayings Department Conducts! under regular svings bank rule. Dfposlts of pn dollar or rnorn received t any time, Past book ImiikI to soli denllor, wblcb must accompany tsoli deposit or wltbdrswsl. Iuleiest iytn!U nl on thtOrit days of Juy and Jsnusry cf vault yrur, MOf fHtft4it-lii4HHH-a44H . w . MERCHANT TAILOR nrura llnni ntnttt. C.nurt St t S Experienced cutter and fitter. Will mnnUc all work. Also dean inr, pressing ana re pa i rice. sjifriK4tv-8Si)tettirtiwifaaa D. S Bentley. Wholesale and Retail, Roche Harbor time Alsen CcmeiJ. Lath and Shinglesi Sand and Gravel of mlbre pia. California Dakerr, on J ... . Cuurt street And ail Kinds of Bnlldlsff Material. Alt Xlods of Heavy Haoltat sad Tr asafsr vun wrew, i&w 6u Qft mjUt 181-183 Coaserclil Srfrw. hi M