davidaulloa/AmericanStories huggingface dataset:
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30

about Sc. 900 900 from national banks in
New York City. This was followed on
Jan. % by another call for $40, 900, 900
from New York banks This will be
followed soon by a call on outside
banks based upon local conditions rath-
er than upon a fixed percentage of
their holdings of public money"
The amount of currency which dis
appeared from circulation from the
time of the suspension of the Knicker-
booker Trust company until confidence
was practically restored in December,
is stated as approximately $3.50, 900, 900.
This amounted substantially to one
tenth of the entire estimated money in
circulation in the United States. The
secretary of the treasury touched upon
the gravity of the situation abroad as
well as in this country, and gives fig
ures concerning the export of merchan-
disc to show the energy with which
the economic resources of the country
were devoted to the relief of the situa-
ton; the excess of exports over imports
rising from 1,464, 404 in August, 1907, to
$114,S90,665 in December, 1907.
Defends His Course.
Secretary Cortelyou defends the is
sue of Panama bonds and treasury
certificates by saying that 1t was ad-
visable to take some strong and reso-
lutte step which would convince the
public. both at home and abroad that
the government was thoroughly alive
to the situation and determined TO give
its aid in every possible legal and
proper form.
Concerning the allotment of the new
issues of securities, he says:
Their character was such that it
was anticipated most of the subscrip-
tons would come from national banks;
that the 2 per cent bonds afforded such
privileges to national banks as a basis
of note circulation; that there were
strong inducements to the banks out
side private investors, who would find
in the bonds nothing more than the
best form of security paying only 2
per cent per annum; and that it was
eXpected-an6 this expectation was full
filled-that the bonds would be used
chiefly as a basis for additional note
circulation, and that such circulation
would contribute it's share to relieving
the acute pressure of currency which
existed throughout the country. Even
if there had been no other justification
for limiting subscriptions to national
banks, this consideration-that the
bonds would be used to meet the pres
sure for currency-wOuld, in the opin-
ion of the department, have justified
an absolute restriction to the awards.
Claims Legal Right.
1.-THE legal right of the department
to make aIlotments of the bonds and
securities to such persons and banks
and in such amounts as ii might see
fit, can hardly be called i'm question in
view of the fact that the circular offer
ing the Panama bonds contained this
distinct provision:
The department also reserves the
right to reject any or all bids. if
deemed to be to the interests of the
United States to do So
obviously so far as the offer of Sc
curities was Influenced by the desire
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
WORD FROM THE FLEET.

Washington. Jan. 29.-Monday. January
q at a. m, all We're well on board
the battleship fleet according to a mes
sage from Admiral Evans received at the
navy department today. The admiral
says:
1--WE are proceeding to our destination
in the South Pacific"
By today, it is calculated that the fleet
is within 400 miles of Punta Arenas. the
next stopping place.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
RECIPE FOR COLDS


Mix half pint of good whisky
with two ounces of glycerine and
add one-haf ounce Concentrated
oil of pine. The bottle is to be well
shaken each time and used in doses
of a teaspoonful to a tablespoonful
every four hours. The Concen-
trated oil of pine comes in tin screw
top cases, which are intended to
protect it from light and retain all
the original ozone Don't use bulk
oil of pine or limitations of COncen-
trated. They are insolubie and
work havoc to the kidneys. Any
druggist has the Concentrated oil
of pine.
Concentrated oil of pine is the
result of many years experiment.
ing by one of Philadelphia fore
most doctors. who. after endless
research, atslast secured a truly
soluble oil of pine. so make sure
to get the real thing. 1t also makes
an excellent salve to be applied eX-
teTnally on the chest or bruised
parts. For this purpose a teaspoon
full of the raw oil is added to a
saucerful of hot lard.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
GETS TERM IN PRISON.
Newark Dentist Sentenced for XIII.
ina a Man With His Auto.

Newark. y. j.. Jan. Cavalier II.
Morris, young dentist. whose auto
mobile ran over and killed Marcus j.
Jacobs, theatrical manager, here last
September, was today sentenced to
serve nineteen months in the peniten-
tiary. Judge Teneyck scored the de-
PENDANT for reckless driving and for
his apparent Indifference to the fate of
his victim.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
WAREHOUSE BURNED.

Indianapolis Ind. Jan. 29.-Fire i'm the
warehouse of Henry Coburn & Co. early
today caused a loss of $1,000. 900. with in
surance of $4,000 Over 100 firms with
goods stored in the warehouse are losers.
Marion county had stored 100000 worth
of voting machines on which there was
no insurance. Six firemen were slightly
lrr,f
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
Rev. john M. VenebaI.

Hopkinsville. KY. Jan. 29.-Rev.
John w. Venebal, for the past forty
years sovereign grand chaplain of the
Odd Fellows in the United States, died
today.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
SIMPLE REMEDY FOR Ia GRIPPE

La grippe coughs are dangerous as they
frequently develop into pneumonia. Fo-
ley's Honey and Tar not only stops the
cough but heals and strengthens the lungs
so that no serious results need be feared
The genuine FOley's Honey and Tar con-
tains no harmful drugs and is in a yellow
package. Refuse substitutes. F. J. Hill
Drug Co., THE Never Substitutors."
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
FROZEN TO DEATH.

Ely New. Jan 29.-The body of Harry
Norwood has been found five miles west
of MiZpah. He had been frozen to death.
His only known relative is Alfred Nor
wood of Montreal. He was a years
old.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
TO PREVENT TIE GRIP.

LAXATIVE Bromo Quinine removes
the cause. There is only one ''Bromo
Quinine." Look for signature of E. W.
Grove 25c
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
Prince Gustav Ernst.

Berlin Jan. 29.-Prince Gustav Ernst
of Erbach- Schoenberg died today,
aged S.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
Joseph A. EaYard.

Paris. Jan. 2a.-Josaph A. Fayard
dean of the senate, died tonight, aged
49,
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
Largely over.subseribed.

The total bid for the Panama canal
bonds, continues the secretary,
amounted to 1920, GOA $50, or more than
forty-fOur times the amount offered.
This fact, not heretofore announced,
would have stamped the loan as an
even more remarkable success than it
was, if all these bids could have been
regarded as made in good faith by re-
sponsible parties Examination of the
bids showed, however, that many of
them were not only speculative in
character. but that they were made in
many cases for very large amounts by
those who were personally irresponsi-
BILE and incapable of having made even
the smallest preliminary payment if
such payment had been required.
When the awards were made, there
fore, the bonds were awarded without
hesitation to national banks in those
cases where the prices offered were
1925 or higher, and where the bid ap-
peared in other respects to be made in
good faith and with full capacity on
the part of the bidder to execute his
contract. The amount thus awarded
to national banks was s24,299, 040. The
awards made to individuals were linn
tied to those cases where the amounts
subscribed for were for $4,000 or less,
because such bids had at least prima
facie appearance of good faith Even
upon this basis the payments made
after the allotment of the bonds
showed that a considerable portion of
these small bids were speculative.
Less Chance for Speculation.
There was less margin for specula-
ton in the case of 8 per cent certifi-
Gates because, as the report says,
their term of one year did not allow
for any considerable premium without
eXtinguishing the amount of interest.
They were issued at par and this
made them Immediately available, as
il was not necessary to secure bids as
I'm the case of Panama bonds. They
therefore afforded a convenient means
to the banks at once to increase their
circulation. For this reason the sec
rotary of the treasury thought proper
TO announce at an early day that Of
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30

to prevent distress in the money mar
ket, it would have failed of it's purpose
if awards had been made even to bona
fide bidders, which would have result
ed in large drafts upon the reserve
money of the banks and would not
have aided in drawing money from
private boards. 1t was therefore, de-
cided in the case of the Panama bonds
to make no awards to individuals in
excess of $4,000 1t was also decided
to accept the highest bids of national
banks for the remainder of the issue,
after these minimum allotments to in
dividuals"
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30

So appreciative is she of quality that
she would rather dolwithout than
accept a substitute for McDonald's
Dutch chocolates.
Mcdonald, Lake. man
ufacturer O fine chocolates.
The Salt Lake herald. [volume] (Salt Lake City [Utah]) 1870-1909, 1908-01-30
Says He Saved the Nation.

THE announcement of the issue of
the new securities by the treasury"
says Mr.. Cortelyou, marked in some
degree the turning point of the panic.
No further steps We're considered nee
essary, except to continue the deposits
of public moneys for a, time where they
were available, and early in December
it became possible TO replenish the cash
i'm the treasury by the withdrawal of
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
A MUSICAL TREAT.
Whitman Conservatory OF Music Fac.
ulty Coming.

Music lovers of Pendleton are to
have rare treat on Tuesday evening
Three members of Whitman conser-
vatory will give a concert at that
time in the NJ. E. church, which prom
ises to eclipse anything in the musi-
cal line brought to Pendleton for a
long time. Miss Branscombe has been
given the degree of Bus. B.. and has
done some remarkable both as COM
poser and as concert pianist.
The Walla Walla Union says of the
violinist: "Mr. Williams in his violin
solos displayed wonderful technique.
His Interpretation of his music is most
happily executed, and is the feature
of his playing" Mr.. Jackson has been
heard in Pendleton before, and those
who have heard his wonderful voice
will no doubt be pleased to hear him
again. Altogether this trio of per-
formers, each an artist in a special
line, may be expected to furnish the
great event of the season.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
RARIMUsICAL EVENT.
Miss Bachelor Delights Classical Au
dience-ReOOry Fund Grows.

Pendleton's musical event OF the
season was the recital last evening at
the home OF ]. Ross Dickson by Miss
Frances Bachelor. the talented con-
cert pianist of Portland, and Mrs.
Anna Selklrk-Norton, the contralto OF
this city.
Mrs. Norton's ability is we'll known
not only in Pendleton but throughout
the northwest, but Miss Bachelor ap-
peared before a local audience for
the first time and delighted and
charmed the lovers of classical music
with her marvellous technique, touch,
Interpretation and expression. Only
II years OF age, those who are capable
Of judging declare that her playing
last night was truly wonderful and
that she Is destined to be one Of the
country's greatest performers on the
piano.
Mrs. ]. Ross Dickson served as ac-
companlst for Mrs. Norton and was at
her best
The recital was for the benefit of
the rectory fund OF the Church Of
the Redeemer. The house was filled
to overflowing and a neat sum was
added to the $4,000 and more that have
already been raised for the new rec
tory.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
TO DREDGE WILLAMETTE.
Shoals Have Formed Early in tn,
Channel of the River.

Shoals which have formed in the
channel of the Upper Willamette riv-
er will be dug out by the government
much earlier this season than usual
in order that the boats may be kept
in continuous service throughout the
low-water season in July and Au-
gust without experiencing the trou-
BILE they have been obliged to contend
with heretofore, says the Salem
Statesman.
Captain ]. Newt Graham of the
United States snagboat Mathloma.
came up the river on the steamer
Pomona yesterday for the purpose of
ascertaining the location of the worst
shoals When he secures the desired
information the Mathloma' and dip
per dredge No. will be brought up
there from the Government moor
ings, where they have been lying idle
for the past three weeks.
Until Graham makes his inspection
the amount of work which will be re-
quired and how long II will take to
finish the proposed dredging will not
be known.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
TRACEY's CAPTOR
NEAR TO DEATH
L.. A. FARNHlAM SAID TO
BE DYING AT DENVER
Pioneer Officer OF Colorado Who Has
Broken Up Many Outlaw Gangs, Is
Near the End-One of the Brayest
OF COlorado's Pioneers-Wife Has
tens 10 His Bedside.

The following dispatch to the Port
land Journal from Denver will be of
interest to many who remember Ira
cey, the outlaw, who escaped from the
state penitentiary at Salem:
one of the bravest of the old-time
officers of the west, E. A. Farnham, OF
Steamboat Springs, is dying at st.
Luke's hospital His condition is SO
serious that a telegram has been sent
to his wife asking her to make all
haste TO Denver.
1t was Mr.. Farnham more than any
one else who succeeded in finally rid
ding Browns Park of its gang of out
laws. He captured single handed the
outlaw Harry Tracey after Tracey had
murdered Valentine Hoy. Tracey
afterwards escaped from prison, and
in his efforts to avoid arrest killed
seven or eight men Of the possess who
followed him In a perilous hunt
through oregon and Washington. FL
nally Tracey was surrounded in a
wheatfield a few miles from Spokane
and killed himself in the night by
sending a bullet through his brain.
Farnham has lived in Routt county
for a quarter of a century, and his
name has been a terror to bad men,"
Browns Park, which Is the extreme
northwestern corner of Colorado and
adjoins the "hole Il. he wall" country,
where Butch" Cassiday and his gang
so long made their headquarters, was
the scene of many of Farnham's eX-
ploits. He had no fear, and Cassiday
rever attempted to cross the line into
this state as long as Farnham was the
peace officer of Routt county.
Many stories could be told of Farm
hams bravery. He was a man of few
words and slow to anger, but of great
The Hoys, who wera
among the oldest settlers in the county
and of great respectability, were
among his closest friends. Valentine
Hoy was killed by Harry Tracey at a
watering hole because Tracey, who
was then an outlaw with a price upon
his head, feared that Hoy would
cause his arrest. Farnham took up
the chase at once and did not stop
uItil Traceys capture. j. c. Hoy,
the brother, still lives on the Routt
county ranch.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
City Breuities
Ice cream at Hohbach's.

Ice cream at Hohbach's.
Billiards and pool at Hennemans.
White Haviland China at Demotrs.
All kinds of good dry wood. See
MinniA
See MInnis for good. dry wood that
burns. Lots OF II on hand.
wanted-To rent cottage Of seven
or eight rooms. Inquire this office.
Just arrived and set up, new bill
Hard and pool tables at Henneman's.
Dressed chickens every day at
Stark Poultry House Phone black
s79i.
Singer Sewing Machines sold OF
rented. See Hensley. l2s w. Court
street.
Unfurnished housekeeping rooms
for rent Enquire at East oregonian
office.
New and first class. Billiard and
pool tables at Henneman's cigar store
No kids. ~FW
Fine store and office room for rent.
East oregonian building. Enquire
this office.
All kinds OF transfer work done
promptly. Stansberry q Milne.
Phone Main 8.
Early rose. late rose, early Ohio,
white Umatllla and American wonder
seed potatoes at Demott's.
Wizard Lawn Mowers excel. Our
prices are right. Goodman Hardware
Co. See our line OF lawn hose.
Don't forget the old shoemaker
when you need shoes. as he has the
best. A. Eklund. Court street.
Haviland china, crockery. glass
ware and cooking utensils in any
quantity and endless variety at De-
motifs.
Found-Order OF Redmen Gold
watch charm. owner may have same
by calling at this office and paying
for this notice.
Safety Insurance Gasoline Stoves
are approved by the National Board
OF Fire Underwriters. Made right
works right. Sold by Goodman Hard
ware Co.
Our line of "merry widow" hats
complete in all colors, with discount
of 25 per cent for Saturday. May 2,
only. The Vogue Millinery Store, S22
Main street.
$50 will buy an Eldridge rotary
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01

sewing machine at Goodman Hard
ware Co.'s. This machine is equip
ped with ball bearing stand, light run
ming. mission oak mirror finish.
Guaranteed for 10 years.
An apron and fancy article sale
will be given by the Ladies' Auxiliary
society for the benefit of st. An
thongs hospital. May Q. 1908. at tho
Graham furcenke store.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
WANT STATE TO HELP.
Federal Men Resent states Apathy in
Fight on Mango.

Because no efforts are now being
made by the state to eradicate mango
among the horses of this section,
there is some resentment in federal
circles and unless some steps are
taken by the state veterinarian the
government men may take little in
terest in the subject hereafter
Mango has prevailed for years
among the Indian ponies of the reser-
vation and within a short time all the
horses will be dipped under the su-
?ervision of a federal inspector.
But II has also been disclosed that
mango exists among the horses off the
reservation also and complaints have
been sent to the state veterinarian.
However, no attention has been paid
them thus far and II the state Is going
to do anything 1t has thus far givcl
no sign.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01

$50 will buy an Eldridge rotary
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01

MENTION

Mr.. and Mrs w. II. Daughtrey are
in the city on a short visit.
George Horseman is in the city to-
day from his home at Gurdane.
Attorney George w. Coutts was
called to Milton today on business.
ness.
B. B. Hail. cashier Of the Farmers
Bank of Weston, came down last
evening.
Mr.. and Mrs. H. NJ. Gillette came
up from Echo last evening upon a
brief visit.
Clifton Cleaver Of Prairie City, is
now in the city and is guest at the
Hotel st. George.
w. H. Switzler came up from UNA
tilla this morning for a visit with
friends in the city.
Mr.. and Mrs. John Harris came
down form Weston today on trad
ing and business trip.
Joe Cunha, the well-known sheep
man and alfalfa farmer Of Echo, is
In the city today on a trading trip.
Representative C. A. Barrett of
Athena, came down this afternoon on
brief business trip to the county
seat.
Mr.. and Mrs. R. E. Wallenburg Of
Klamath Falls, are guests Of the Ho-
tel st. George while in the city this
week.
]. W. Messner, the Baker City
capitalist, is a guest of Hotel St.
George for a few days while here on
business.
Mrs. william Slusher and Mrs. w.
A. Slusher left this morning for No.
lin to remain at the rancn for sew
eral days.
DR.. j. A. Best returned today from
Weston where he spent the entire
night in making professional calls in
that vicinity.
Attorney D. W. Bailey went to
Portland this noon. having busi-
ness before the federal court. He
will return Monday morning.
p c. Holland, owner of the Walla
Walla Statesman, passed through
here yesterday en- route for Portland.
He was accompanied by Mrs. Holland.
Earl Coutts came in from Spokane
last evening and is visiting at the
home of his parents, Attorney and
Mrs. G. w. Coutts on Garfield street
Conductor and Mrs. F. F. Waffle
went down to Portland this morning
to attend the graduation of Eldred B.
Waffle from the oregon Medical
school.
Mrs. Esther Brown left this morn.
ing for San Francisco, and she ex-
poets to spend a few months in Cali
fornia with relatives before returning
to Pendleton.
Miss Majorie Lyman, teacher OF
music in Pendleton academy, return
ed from Walla Walla this morning
after few days visit with her par
ents at that place.
G. N. Chase. the well-known Pull
man conductor who has been on the
main line of the o. R. & N for sew
eral months. is again on the cafe car
on the Spokane run out of this city.
Rev. and Mrs. Charles Quincy of
the Church of the Redeemer, left to-
day at noon for Weston, where Rev.
Quincy will hold services this even
ing. They will return on the Walla
Walla train tomorrow morning.
Rev. and Mrs. W. T. Euster return
ed today from Athena, where they at
tended the evangelistic meeting last
night. The meetings are very sue.
cessful and Rev. Carradine who is
conducting them is giving excellent
satisfaction.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
Week End Excursions to Hermiston

Beginning Saturday, May 2 and
continuing indefinitely during the
summer the o. r. & n. will run ex-
cursions to Hermiston and the gov
ernment reservoir, on Saturday and
Sunday of each week. The ticket ov-
er the railroad will include the pas
sage by stage from Hermiston to the
government dam. A round trip rate
Of $3.50 has been made from Pen
dleton. including the stage trip to
the dam. EXcursionists going down
on Saturday must return Sunday;
those going down on Sunday must re-
turn on Monday. This promises to be
a delightful trip and offers every in
ducement to visit and inspect the ST.
100000 government irrigation project
six miles from Hermiston.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
Market Day Sale Of Millinery

Twenty-Five per cent discount on
all "merry widow hats for Market
Day, Saturday, May 2. All new and
up to date hats, styles and colors,
Don't fail to see them.
THE VOGUE MILLINERY STORE,
S22 Main Street.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
A nonnterfelters, nlant b

A counterfelters' plant has been
found in the dense brush near the
city of Vancouver, Wash. The two
men who manipulated the plant and
passed out the bogus coins are both
under arrest. They give the names of
Raffery and Turner.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01

A college magazine is to be started
in Portland. 1t will be for the bene-
fit of the former students and alum
nj of the northwest colleges and will
contain some news of the eastern
schools.
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01

A tobacco pouch full of copper PEN
nies in the trunk of Claude Hend-
ricks lead the police of Roseburg to
believe that he is the man who robbed
town, recently,
East Oregonian : E.O. (Pendleton, OR) 1888-current, 1908-05-01
w. o. w, Ball,

on Monday evening, May 4th, the
degree team of the w. o. W., camp
No. Al, will give a grand ball in
Eagles hall. Music by Johnson's or
chestra. Everybody welcome.