Image provided by: University of Oregon Libraries; Eugene, OR
About Daily capital journal. (Salem, Or.) 1903-1919 | View Entire Issue (July 27, 1916)
THE DAILY CAPITAL JOURNAL, SALEM, OREGON. THURSDAY, JULY 27, 1916. MVK r Just a Few More Days of The Big July Clearance Sale Dress Goods Reduced All of Our Beautiful New Dress Goods At Reduced Prices During This Sale Women's Dresses DRESS SKIRTS SUITS COATS WAISTS GO FOR LESS Men's Clothing at CUT PRICES During This Sale Gingham Aprons, large line Aprons 19c Each Breakfast Sets, pink and blue 98c Each All-over Gingham Ap rons, really house dress 79c Each CORSET COYER Embroidery 85c values 65c 75c values 50c 40c values 30c 30c values 25c Others at, yd. 18c & 15c Lace Curtains $15.00 Curtains.. $7.50 $6.00 Curtains ... $3.75 $4.00 Curtains . . . $2.69 $2.00 Curtains . . . $1.69 $1.75 Curtains . . . $1.39 $1.50 Curtains .... 98c War Develops Wonders of German Military Powers and English Financial Skill New York, July 22. The most influ-.ess and Britain's financial ential factor in security markets at strength, .1. j: . . ... Ai ! present js nar iiuuuciug ox do ur skill and NEW BROWN Cooking Ware Casseroles Pudding Dishes Teapots And many other arti cles In Our 5o-10c-15c Basement f (j TRY SALEM FIRSTJ FRIENDS OFFER BAIL FOR ROVJilNTERUTER Defense Will Be That Others Tried to Fasten Crime on Hinterliter Olney, 111., July 27. Interest in the ease of Roy Hinterliter, held to the grand jury without bail for the alleged ninrder of Elizabeth Ratcliffe, today eentered about the effort of relatives and friends to secure Mb release on bonds. States Attorney Morris is making ev ery effort to forestall such a move in the fear that a public hearing of the evidence would disclose many points which the state desires to keep under cover until the trial. The family has retained County Judge E. B. Witcher and many friends have come forward with offers to sched ule their property to the eHm of thou sands of dollars to get Hinterliter re leased on bond. Judge Miller will return here August 21 and at that time a determined effort will be made to have him hear a peti tion for admission to bail. Additional evidence in the case has been found. One bit is the girl's hand kerchief and the other the top of a comb. This was slightly curved and could have been used in performing an illegal operation. Rumor had it today that Hinterliter's defense will be that he was decoyed to eome to Olney to see the girl by two letters, one written by the girl herself, and another by a boy friend. The de fense, it is said, will endeavor to show that these letters were a deliberate at tempt to fasten the crime upon him. Journal Want Ads Get Results You Want Try one and see. Western Officials Not Afraid of Strike San Francisco, July 27 Declaring there will be no strike by trainmen, of ficials of the Western railroads today stated that they anticipated little dif ficulty in keeping trains moving on regular schedules. They state that they do not expect the majority of their engineers, conductors, brakemcn firemen and switchmen will strike and thus lose their pension rights, but even if this is done, they say, an army of former enployes is in readiness to re sume work during the crisis. Executive officials stationed here are confident that the differences will be all settled by arbitration. Ton can make and save mon- ey by reading the Journal's New Today columns. . ssannnaEnnasssaacsannEa sanaDDEannncsssscESssanii DID YOU EVER a n STOP TO THINK? How much you can save by attending our sale (everything for the Hore reduced). Buy now and save AT LEAST 20 PER CENT. . NEW SPECIALS FOR THIS WEEK Good values 15c Bread Knives now 10c Good value 15c Butcher Knives now 10c Large Aluminum Basting Spoons, regular 15c values, special at 10c Embroidery Flouncing, values to 10c and 12 l-2c, now 712C per yard China Dinner.Plates, to close out at 10c China Cups and Saucers, to close out at 10c All 5c Articles 4c, all 10c Articles 9c or 3 for 25c, all 15c Articles 13c or 2 for 25c ' ..a-gftrt&i HQBSON'S 5, 1 0 and 1 5c STORE 254 North Commercial Street II II II II II U II II II S3 II U n ii ii ii ii ii ii ii ii ii ii ii ii ii u M II II II II II II II II j IS II II II II II II II II lies. A new $100,000,000. French loan has been successfully launched through a specially organized corporation, and being an attractive investment prom ises to find ready distribution. It is expected, to be followed by a liuge British war credit grant; the amount named being (1,500,000,000 and bring ing the British total for the war up to over $13,000,000,000. How long Great Britain will have to stand this terrific strain no one knows, but her resources are so vast that the end is by no means yet in sight Just now it looks as if the war will eud before any financial crisis can possibly oi'eirr. Germany is also facing the drain far better than anticipated; the real test there being being deferred until after the war. A portion of the British loan will most likely be offered in this country when issued; and other for eign loans will probably follow. A good undertone exists in the stock market, based largely upon excellent home conditions. Trade is very act ive, considering this is the season of mid-summer quiet; and bank clearings are still running over 40 per cent a head of last year, the gains being well distributed throughout the country. A satisfactory feature is the reactionary tendency of such commodities as had risen unduly high owing to war de mands and actual scarcity. These de clines eome not so nuwu from cessa tion of demand as from, production overtaking consumption. The principal reactions have been in metals and chemicals which were unduly inflated by war. Breadstuft's are also lower, though hides, leather and fruit are at about top figures. Bradsteet's index finger stood at 11.5291 July 1; a de cline of 1.3 per cent compared with a month ago and 8 per cent with April 1 the previous high point Crop re ports are more encouraging. Higher temperatures materially benefitted corn, which now promises a good crop. Wheat also improved shgntly, but no one expects a big yield of wheat this year, Cotton Teports were more fav orable despite- damage from floods in the south.i Upon the whole the crop outlook is satisfactory, there being no great pains and no serious deficiencies In industrial circles no noticeable ces sation of action can be observed. The steel trade is still running at practic ally top speed, and profits of the big steel corporation are reported at toe marvelous rate of 30 per cent for the last quarter. Of course such abnormal results cannot last, and it is wormy of note that this unexampled prosper ity has not been made tne basis of any seculative orgies, as was the former custom. So much for the better stand ards of conduct which prevail in Wall street than formerly. Railroad earn ings abundantly prove trade activity. June reports indicated an increase of z5 per cent over last year, and mis rate promises to continue during July. While a portion of this increase is at tributable to better rates, the larger volume of trai'ne is the main and most welcome factor. The question of a big railroad strike must soon be decided, as the men are now voting upon the question of giving their leaders the right to order a strike to enforce t'.ieir demands. The seriousness of the situ ation is so great that every effort will be made to avert so grave a public inconvenience. President Wilson has been asked to interfere, and hope re mains that sober second thought on both sides will prevent a reptnre. Nev ertheless this issue will be an impor tnnt factor in the early future. A change of significance is the improved situation in real estate. Mortgage rates declined from 5Vj( 0 a year ago to 4V.(S)5 per cent. Vacant office) buildings have been largely filled, of ten at lower rates; money is once more seeking investment in this direction; Icalincs are on a more active scaie; building permits are increasing, and the only obstacle to further activity is the hum cost of building due to near materials and the scarcity of labor. A Marvel of Financing One of the unrecognized marvels of the present war is the financing done by the British government. Nothing approaching it has ever been witnessed or even considered possible, cnancei lor McKenua recently said war was costing Britain H0,000,000 daily whicn is at the rate of over 10 billions a vear. Such runires staceer trie mi no; and yet, as just said, tne end oi tnese resources are not yet in sight, and the strain though terrific is borne with rel ative ease. Hrittnin's financial skill and strenuth has been chiefly display ed in her control of foreign exchange aud the ability to pay her stupendous war bills. It is over a year since the British aovernment issued any per manent loan, havinif paid expenses out of current taxes, treasury bills and short term obligations. The chief source of British financial strength hv heen huee foreign investments, unexampled banking resources and control of a vast supply of gold and high grade securities. Great Britain has sent about $200,000,000 gold to wards payment of her purchases in this country. She has also sent over Am erican securities estimated at about 1.500.000.000; so that her share ef payment for the 2,lttT,000,000 excess exports in tne nsrai year jui riusru mnst be closely settled. It is of course well known that Britain borrowed large sums in this market upon foreign owned American snares as collateral; thus preventing any unnecessary liqui dation of such holdings. But her bor rowing capacity does not end here by anv means. Great Britain owns (1.) 000,00,000 foreign securities outsiih of Americans, which she could readily pat up as collateral, and in addition she has $7,000,000,001) of home railway securities npon which she could bor row heavily if necessary. The British government, however, is financing the war as far as possible upon the pay as vou 20 Plan, and fh, this she is re ceiving material assistance at home from the economy campaign which has largely increased, the savings of the working classes and so added to her financial strength. This war has de veloped many wonders, but none more striking than Germany's military prow E CASE ABOUT ALL IN Hunsaker Admits Belliger ency and Jeans Claims Self Defense BLIGH THEATRE Today - Tomorrow and Saturday War Dominates Market War is the dominating factor in the stock market. The industrials direct ly affected fluctuate sharply as pros pects for peace increase or diminish. The beet opinions are divided as to an eaiiy end to the struggle, for the reason that while the allies are mak ing steady gains, Germany would not be willing to accept such terms of peace as her enemies would be likely i require, xinamiug der instructions from better grade Btocks, especially rail roads, la the first place these loans absorb large amuonts of American funds, which otherwise would be used in developing home enterprises; in the second place Great Britain at every opportunity judiciously feeds out for eign owned stocks. Great Britain ts not likely to spoil her market by forc ing these sales, but such persistent offerings are sufficient to prevent any great advance here. The aosence or wild speculation under such- stimulat ing conditions is remarkable. Ameri can railroad shares ought to be Bell ing higher, but in high financial ct. cles there is evidently a purpose to discourage unsound market operations, fll'r. farmer, Aurora; K. C. May, farmer, Gold continues coming this way, and Mt- Angel; (Sim Phillips, insurance .. ... . . w..l... . IS 1 ...... more is promised, securities are also k'" Ki-uigcr, im arriving in large sums; such being the dealer, Salem; E. W. Htubbs, real es- 18 by which Great liritain stead- Kle uemrr, omeiu; u. w. jiuusun, nier- . . . lir T i" '-1 t i ... .. ies foreign exchange and meets ncr m, omrm; . v. uiimu, uurucr, - obligations on this side. Money shows lem; George Swegle, farmer, Salem, n. hardening- tciulenev. unrtlv becausel Attorneys for the state are District of coming crop and trade requirements! Attorney Ringo and Thomas Brown. and partly Decause or loreign uemuuusj ui-h.-hho m irpn-nciiicii uy niiur- upon, this center. Fortunately our banking situation is strong, having been immensely aided and strengthen ed by heavy gold imports and the new federal reserve bank operations. HENRY CLEWS. THE EVIL THEREOF" PRESENTS CREAT MORAL IN BTRONO DRAMA The relentless pursuit of the almighty dollar has at last been picturized in true and bold colors by the Famous Players Film company, in its current production That Robert Hunsaker was severely injured by some person or persons in the fight at Turner on the first day of last April was made clear to the jury in the case of the State vs. l.eo Jeans, which was brought up for hearing be fore Judge Kelly in department No. 1 of the circuit court yesterday. Acting un- the district at torney, Hunsaker bared his body to the jury, disclosing four scars from wounds inflicted during that eventful night, two in the abdomen, one in the back near the shoulder and one on the bip. Work of securing a jury for the trial was completed at noon yesterday. It proved to be a long process, many of the veniremen having formed opinions 1 in the case, and it was not until after noon that the first witness was put on ' the stand by the etate. The jury is composed of he follow ing: J. T. Cooper, salesman, .Salem; J. H. Dunlnp, fruit dryer, Salem; W. T. j Grimm, farmer, Aurora; J. W. Uainard, ! real estate dealer, Salem; George Lef- rrP -i f -1 How The Evil Forces of Money Greed and Fraud Are Defeated by a strong Man's Will and a Woman's Love Is Told "The Clarion" An Kquitable Production of the great novel by SAMUEL HOPKINS ADAMS Starring The Prince of Popularity CAEXYLE BLACKWELL 3 the Paramount program, "The Evil Thereof," which has this great human hunger for gold as its central theme. Owing to the importance of the inci dents involved in the interpretation of this gripping story, written for the screen by the noted dramatic authors, (Jhanning i'ollock nnd Kennold Wolf, the Famous Players have selected a cast of well known players, including Frank Loses, who has performed admirably in previous Famous Players productions. This great human drnma attraction will be seen at the Ye Liberty theatre tomorrow and Saturday. LI IEA AND P0LIT1GS New York Society Leaders to Boom Hughes at Big Pink Tea neys Roy Shields and John H. McNnry. tux witnesses Yesterday. The case is attracting general inter est owing to the wide publicity given the events that transpired at -Turner during the street carnivul given un der the auspices of the band of that town in April, and the seats in tne court room are filled with spectators, most of them acquaintances of the par ties concerned in the action. Following District Attorney Ringo's preliminary statement of the circum stances attending the fights which oc curred in Turner on the first of April, Attorney Shields of the defense stated that factional trouble Is said to have existed in Turner since the installation of the town 's present water system. He mentioned also the election contest. He ferring to the circumstances leading up to the present trial, he again mentioned the two factions said to exist in the town. Hunsaker was the first witness call ed by the state. He was followed by three others during the afternoon, with one other, who could not be located, yet to appear. After this tho state rested its case. Six witnesses had been submitted by the defense when adjournment was tak en at U o'clock, rullowing the testimony of Dr. H. J. Clements, a debate arose between the attorneys over the ques tion of evidence relative to the legal ity of a city marshal deputizing others to assist in arrests when not having a warrant. Judge Kelly ruled for the de fense. Hunsaker is Frank. Lee Jeans, tho defendnnt, was called to the stand this morning. He told the story of the fight which resulted in the knife wounds received by Hunsaker. i Summarized, the testimony which has tl'us far becu Introduced in the trial, stories, although there is general agree ment on the part of all the witnesses that the carnival tent in Turner wus the scene for a number of fights on the night of April 1. Robert Hunsaker was a member of the band under the auspices of which the carnival was be li.g given, nnd he tells a story on the stand which is free in its admission that when he stepped from the tent on that occasion and heard the defendnnt utter a remark to the effect that " some body ought to take a poke at Tom Kel ly and those other " he stepped up to the defendant and Invited him to take a poko nt him. Several blows were exchanged and during the alterca tion the defendant stabbed him. Suck is the testimony given by Hunsaker. eJans' Own Btory. The stsry of the defendant, Lee Jeans, told this morning, is that he was deputized under protest to accompany the marshal to the cnrnivnl tent. He protested because he was a member of the city council. Tho city government nnd been endeavoring to collect a license fee from the carnival company. The baud boys had objected to the col lection of this fee on the ground that tho carnival was being given under their auspices and was therefore not liable to license, being virtually a home OF DAY IN WAR ZONES News From All Fronts anl Sources Put Through Melting Pot J'ew York, July 27. In our best feminine circles this summer, politics will be mixed in tea Instead of lemon ade. The Hughes alliance, which num bers among its members such social lights as Miss Anno Morgan and the dauirbter of E. II. Hurriman. has set the fashion. The democrats announced i entertainment. The defendant accora- toilay that the Wilson campaign would be aided by a regular organization ot women. Effort is to lie made to have women discuss politics when they meet at af ternoon tens hereafter not dress and millinery. To set the fashion, Miss Alice Carpenter, president of the Wom en's Roosevelt League now affiliated witii the Hughes alliance, announced today a big tea at the Astor on Aug. 3, where republican politics is to be discussed, and where Hughes himself will speak. The feminine Hughes boosters also made it plain that beautiful stump speakers will apiefll for votes for Hughes. Also the womva will vie with military stations In maintaining re cruiting offices at Times Square and at 65th and Broadway to persuade feminine recruits to enlist under the political banner of the republican party- That, the suffragettes, those not in terested in politics, except as a means to secure equal frnnciit.se will do, was stilt a question today. The demoerats were also keeping silent on who will direct the woman's organizations for Wilson, and what it is planned shull be done. "Do you think a man ought to let pleasure interfere with business?" "Certainly not," replied Mr. Dustin Stax. "Anybody who enjoys business as much as I do couldn't find any pleas ore to equal it." panied the marshal to the tent. Shortly after their arrival there a fight be gan. He was attacked by several nnd at last forced to his knees. At this juncture, fearful that he might he beat en to death, he drew his pocket knife and sobbed with it blindly. He did not recognize Hunsaker. There were a num ber areund him, and he kept them off with his knife. Testimony given by other witnesses follows one or the other of these two lines. The examination ot witnesses is still in progress this afternoon, and it does not appear likely that the case will be given to the jury today. Two Prisoners at Pen Break Out of Cells Failure of the lights at the state penitentiary early Monday morning was the warning given the night guards that an escape was being at tempted. An alarm, was raised, ami Warden Minto and the guards living in the vicinity of the institution went to the assistance of the night men Two prisoners were found in the up per corridor. Also were found tools with which they had escaped from their cells. The men were put into the dunareon. Rumors were current on the streets yesterday of a break at the penitenti ary, but although, the Capital Journal 347 State Street By Ed L. Keen. (Vnited Press Btaff correspondent.) London, July 27. Hand to hand grap ples, grenade attacks and reeonnoitering expeditions to tho north, violent artil lery combats to tho south this. was tho total of he day's war news ns old to day in statements from capitals of all the warring nations. General llaig reported "bo event of importance," along tho British front, but indicated German counter attacku and mentioned band to hand fighting. The German version of the fighting in this region was that a British grenndo attack west of Pozieres was repulsed. The Teutons, however, mentioned an en tirely new bit of activity a British reeonnoitering attuck southwest of Warneton, and near Richbourg. Thin is in the Ypres sector where there has been a lull for weeks. The Berlin statement likewise indi cated intense fighting along the north ern part of the French front, artillery fire between the Ancre and Somme and concerted infantry attacks at Barleuj and Fleury. The Teutonic version wai that tho French had been repulsed but it was stated fighting was still in pro gress around Floury. The Vienna statement admitted re tirement of Austro-Hungarian troopa before tho Russians on the north Gali cian frontier. It confirmed Russian advantages around Rndzicvlof, close to Brody, but dismissed them as "insig nificant." Further advances in thin vicinity and along the northern lino were claimed lu today's Petrogrqd oi ficial report. The Berlin version denied this and re lated repulse of Russian attacks went of Bercstcczko and around Schitscharu with heavy losses. This refers to the Russian northern enveloping movement agaiiiRt Brody, Keport of cessation of Italian attack i and a recounting of the heavy lossei sustained by the assailants, was includ ed in the Austrian offii'inl statement. made every effort along legitimate lines to get the straight of the story it was not. successful in doing so. Warden Minto states this morning that the incident was not of sufficient con sequence to warrant the publicity giv en it. The fact that the light wires wer severed has served to give foundation for a belief that a break of consider able proportions had been planned, ami that such break was only prevented by tho prompt action of the prison of ficiali. Thit belief is strengthened by persistent stories that there is ft condition of dissatisfaction and unrest existing among the prisoners. Much of this talk is doubtless due to eausr-i apart lrom the prison and is not enti tled to serious consideration. The Journal Does Job Printing. WHY PAY RENT When you can buy a cozy modern C room cottage on a paved street, only 4 1-2 blocks from Ladd A Buah bank; price 1,600; terms. Trade Beautiful 5-acre tract close in with modern building; an ideal suburban home; would like to trade for larger place; price $2,800. Money to Loan We write Fire Insurance. . Houses for Rent L BECHTEL & CO. Phone 402