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Newspaper
Newberg Graphic
Location
Newberg, Oregon, United States of America
Date
Nov 07, 1907
Page
6
A digest of diverse events from across the globe spanning politics, finance, disasters, and industry. Notable items include governance changes in Mexico and the United States, railway and bank activities, famine risks in India, floods and wind damage in Baja California, labor strikes in Britain, and ongoing economic measures in the United States.
Nearly 8 000 homeseekers bound for the Pacific Northwest arrived in Spokane aboard multiple trains using colonist tickets. Train No 3 of the Northern Pacific carried about 1 200 travelers, and the depot overflowed as departures continued toward Portland Seattle and Tacoma. Officials report many were left at the station as crowds surged through Kane.
Portland banks authorize emergency checks of 5 10 and 20 dollars backed by wheat grain lumber and other products as a temporary circulating medium redeemable Feb 1 1908. Issued through Portland Clearing House to two thirds of security value and accepted by banks like regular currency. Plan approved at a conference of bankers from Portland Tacoma Spokane and Seattle held in Seattle.
San Francisco reports forty clerks worked all day Sunday in the clearing house to prepare $5, $10, and $20 certificates indorsed by banks to form a flexible currency for retail trade and payroll. The notes will be legal tender for 32 banks and help ease coin shortages until shipments arrive. Banks will retire the certificates quickly as securities back them. Safe deposit firms may halt new box rentals to curb hoarding, with Bay City vaults holding up to $10 million.
The United States cruiser Buffalo on special duty with the revenue service in the Bering Sea was contacted by wireless near Vancouver Island. It had sailed from Bremerton in August with orders to support revenue cutters patrolling restricted waters against poachers as the fleet monitored seals all season.
New York Nov 5 Representative Charles Fowler chairman of the banking and currency committee said permanent relief from the monetary stringency can come only through a system of credit currency adequate to meet trade needs and redeemable in gold. The committee will push for a law at the next session to authorize credit currency issued by national banks.
Mexico City November 5 A B Butler special agent of the United States government is in the city to study trade relations between the United States and Mexico. He will review national trade conditions, investigate the scenes heard in the mer cs and report how commerce can be improved.
Governor Chamberlain informs the secretary of war that Oregon wired a bill for 300000 to aid U S in acquiring or building a canal and locks around Willamette Falls at Oregon City. The private lock tolls 50 cents per ton, and state lawmakers urge federal ownership and free navigation to the river’s full length. The Oregon delegation will press Congress on the matter.
The Oregon State High School Debating League, organized last summer, is meeting with strong support. Fifteen schools have signaled intent to join, including Pendleton Baker City La Grande Ontario The Dalles Astoria Salem Eugene Roseburg Klamath Falls Medford Grants Pass Bandon Marshfield North Bend and others. Portland misses this year due to reorganization but plans to enter next year. The state is split into four districts with a championship team from each. The final debate will be at the University of Oregon with a silver cup awarded to the winner.
The railway commission reports ongoing Salem car shortage complaints. J. R. Landis of Myrtle Creek cites 30 hours delay after loading, causing loss of 25 poultry and alleging improper fare charges during stock travel. J. H. Pounds of Umatilla says conditions have improved and no further complaints.
The article notes a car shortage in Athena delaying shipments of hundreds of tons of wheat. Warehouses act as agents, reluctant to purchase more wheat until confident they can ship it, leaving farmers near railroad stations unable to fetch good prices.
Salem The Corvallis and Eastern railway filed its state report showing operation earnings of 235807.42, operating expenses 139793.17, resulting operating income 96014.25. After taxes interest and deductions totaling 64151.30, net income stands at 31862.95 with a surplus and no dividends. Entry balance shows 208126.58 with construction and equipment costs totaling 3114280.90.
Albany reports Carties Lumber Company mill in Mill City on the Corvallis and Eastern line will close until railroad cars are available. Manager Robert Shaw said no cars can be secured for out of state shipments and yard stock could fill 400 cars. The mills convert about 100000 feet daily and 200 workers will lose jobs.
Pilot Rock It residents estimate about 18000 dollars worth of excellent apples on orchards tributary to this place await the completion of the Umatilla Central from Pendleton. If the road is finished soon many fall apples can be saved and shipped to markets. After this year large quantities of fruit will be sent out from this point.
Sparse shipments of several hundred Weses to Milton highlight a car shortage impacting Umatilla County. Local residents fear delays as transportation supplies wane and available vehicles dwindle amid growing demand.
The Oregon Tax Reform association based in Portland seeks constitutional change via initiative. It calls for broad exemptions from taxation including dwellings barns outbuildings farm machinery orchards crops livestock household furniture and tools used by workers and in use by a mechanic.
Balem Robert C Stevenson of Forest Grove is appointed by Governor Chamberlain as state game and forestry warden for a four year term with headquarters in Forest Grove. A Democrat, he succeeds John W Baker whose term expired. Stevenson is a Yam hill county native and well known in Forest Grove. His appointment follows recommendations from prominent Willamette valley Democrats.
The next Rhodes Scholarships qualifying examinations for Oregon will be held at the University of Oregon on Tuesday and Wednesday January 21 and 22, 1908. An examination fee of 5 will be charged. Examinations guided by the Oregon Committee of Selection chaired by P. L. Campbell and including Ferrin, Coleman, Crooks, and Riley.
The Klamath Oil Company secured oil and mineral leases from county records in Klamath County for a large tract near Lost River. The agreement runs twenty years with landowners to receive ten percent of revenue from any oil coal gas or minerals found. If nothing materializes in three years the leases become void.
One hundred fifty Pendleton residents sign a petition to the state game warden protesting Umatilla river dams that block fish passage and have caused salmon deaths in the river.
Market notes list Wheat bluestem and red at 87c and 85c, No 1 white at 29.50, hay values for valley timothy at 17.18 per ton, apples at 1.25 per box, and various vegetables and meats with prices across Portland vendors. Reading reflects broad commodity ranges and packaging terms from a historical market brief.
Conservative financial leaders press President Roosevelt to convene an extra Congress to address financial irregularities and restore confidence. They claim broad industry support for federal controls and urge swift amendments to expand flexibility with minimal systemic change and codified corporation oversight.
Governor Benson issues a proclamation declaring Monday November 4 1907 a legal holiday to ocean cash shortages causing banks to need funds from Eastern centers. The measure aims to steady credit and Commerce until coin or currency shipments resume. The declaration follows appeals from banks and commercial bodies across Oregon.
Far more important issues than usual municipal matters face San Francisco voters tomorrow. The main questions concern the Bribery graft prosecution led by Francis J. Heney and whether the post Ruef Schmitz regime reforms are upheld by the electorate.
Lincoln Nebraska November 4 farmers here have shifted from selling by contract before harvest to storing corn in newly built barns. They plan to hold grain for higher prices despite offers up to 48 cents per bushel. The New York financial troubles echo in the West but Nebraska farmers press on with their storage and waiting策略.
In Namho district a Scandinavian mission was attacked by anti foreign elements. Missionaries Miss Wendell and Miss Erickson were stoned by Chinese residents who claimed native women were forced to convert and were kept for immoral purposes. The magistrate at Nambu restored order.
Vladivostok dispatches say 160 arrests have followed the recent mutiny. Most detainees are soldiers and sailors. Merchant ships in the harbor steamed out before the firing started, avoiding damage.
New York reports a improving financial climate with banks restoring liquidity and gold movements totaling about 26.55 million dollars abroad. The Lusitania carrying 10 million in gold from Liverpool arrived as exchange rates firmened though London and Parke exchanges were closed for a holiday. Domestic currency pressures persist from intercity drafts while wheat and cotton export prospects remain a key focus for foreign exchange dealers.
Chicago clears Joliet penitentiary as nearly 100 murderers highwaymen burglars and other offenders are freed after a court ruling that Chicago municipal courts lacked jurisdiction over indictments kept by Cook County grand jury State's Attorney Healy vows drastic steps to halt mass releases arguing inmates must face trial again in Criminal Court under the Supreme Court interpretation.
In Bellingham on November 2 the Northern Pacific lifted its one day embargo on lumber shipments from the Northwest. The company rescinded the order before closing, allowing shipments at the new rate but unable to collect the 60 cent tariff due to a Federal court injunction in Seattle capping to the old 40 cent rate per carload.
San Francisco November 2 courts in the Temple Israel adjourned due to a governor declared holiday. Judge Lawler postponed all graft cases for one day and asked for counsel input on resuming the Ford trial under current circumstances.
A Japanese man Hyama Matsumura and three Japanese women held in the Butte county jail on U S government authority will be sent to Seattle for deportation to Japan. Matsumura is accused of bringing three countrywomen to America for immoral purposes. They arrived in Seattle from Japan on the steamship Minneapolis June 7, 191?
Chinese bound for the United States have been landing at Santo Cruz since January 1, totaling 4,765 arrivals en route to the Northern republic.
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