The San Francisco Call. Newspaper, May 9, 1905, Page 4

WINS FICAT | ON QUOTATIONS, : | nited States Supreme Court | Decides in Favor of the Chicago Board of Trade { | IUST PAY FOR FIGUR . mall Firms May Not Publish Market Values Ex Under a Contract, i -~— Stock cept ASHINGTON, May 8—The Su- Court of the United States to- day decided the case of the Board of of Chicago against the ( C. < nission Company of Kan- e i the Kinsey Company of Chicago, Invelving the question as to the right of the private concerns to use the « i ¥ tinuous guotations of the board . vor of the Joard of Trade The question was the same in each ase and involved efforts to emjoin the lishments from the s quotations. Both concerns the use of the designation of and it was charged that ansactions of the board are selves of a nature to justify the contention§ of the use of c terization of the board as a bucket shop,” a majerity of them in- Vi physical transfer of the supposed to be transferred. 3 ed, g the points in mes, in delivering the opin said that the board ions to the telegraph cont T ot to de- et shops,” and said St t prevent e figures by private houses with the Board He added that a majority of court was not prepared to say that transactions of board consti- decision was Justices Harlan, Brewer dissented pinion Justice Holmes charac- ard as “a great market its 1800 members, is a large part of the grain jon business of the world.” e dealing In futures, he ill endeavor to forecast and to make agreements prophecy. Specula- mpetent men is soclety to the ell known as or mitigating and providing of want. was orga s present necessary incidents of and while the State of the charter to stand we t the ‘pits,’ merely as re made, are SEEING THE SIGHTS | INTERFERES WITH BUSINESS Delegates of International Raflway Congress Find It Difficult to At- tend Two Sessions Daily. WASHINGTON, May 8.—Delegates to the International Railway Congress i difficult to meet their sessions dally, as orig- nned. Receptions at the Ger- French Embassies to-day No varia- the section work will take Thursday in the afternoon, meeting of the con- at which the con- by the various sec- ted for approval gress 3 clusi ns w INSURANCE POLICIES EXEMPT FROM BANKRUPTCY LAWS Decision Only Refers, However, to States Where the Law Makes Them Immune. GTON, May 8.—In an Justice White the Supreme e United es to-day de- ase of Holden vs. Stratton the former. The case in- the question as to whether in-1! policies are exempt from the of the bankruptcy law, and | the court heid that they are so in wherein the laws makes them Holden case arose in the State of Wash. i 8.—J. A Garfield, ¢ Corporations of and Labor, left after arramging for ms in the oil felds | £ Schiller Fest | The cel n of the rooth anni- ¢ death of the great long since considered will be conducted next The festivities will be held Sunday, Monday and Tuesday. versary « German poet a world poet weck. The wiouvre—always patriotic—has prepared an elaborate musical pro- der the well-known ‘con- erdinand Stark. gr: e ductor, There will be beautiful floral deco- appropriate colors, and Germans will enjoy a visit here— more particularly on Tuesday even-| ing rations in GERMAN HEADQUARTERS THE LOUVRE ! Corner Eddy, Powell and Market Sts. | J. Meyerfeld, Proprietor. i MAUVAIS MUSIC CO.| 833 MARKET ST., OPP. MASON. ‘Sendforetroular | | President Roosevelt to visit this coast } | mercial interests of San Franeisco than open | competition in rates which might fluctuate to | foster the establishment and maintenance of |ing and its commereé steadily in- | sary by trans-shipment f; CHAMBER REPORTS ON PANAMA ROUTE FACTS FOR THE GOVERNMENT Regular Steamship Service by Private| Lines Is Strongly Recommended A matter of great commercial im- portance to the Pacific Coast is dis- cussed in a report that has been pre- pared for the information of Presi-| dent Roosevelt, Secretary Taft of the War Department and J. L. Bristow, a special Commissioner ~appointéd by and acquire facts. The question refers to the utility of the Panama route for | the movement of freight between San ! Francisco and the Atlantic States. The report was submitted by W. R. Wheeler, W. J. Dutton and Rufus P. Jennings. It was adopted by the trus- tees.of the Chamber of Commerce and vestarday was forwarded to Washing- ton In printed form by the amber. The chamber finds that ‘“‘there is really but one object to -be attained, and that is the adoption of such a course as will make the Panama route motre advantageous for the movement of freight than under the conditions heretofore existing.” ‘The committee also gives it as an opinion, indorsed by the Chamber of Commerce, that *“a carefal consl@eration of all the data obtainable brings the subject down to the point of determining what is the most practical and at the same time most beneficlal course that will, pro- mote the commercial interest of San Franciseo and the Pacific Coast in the | vears to come, with reference to freight traffic via the Isthmys of Pan- s set forth that in reaching a sat- | isfactory conclusion there are certain elements of fact that must be borne in mind. These considerations, with some rec- ommendations, are given as follows in the words of the committee, MANY CONSIDERATIONS. present freight schedule via Panama is apparently based on the overland ad freight schedule, the charges of the er varying-from 78 per cent to 90 per cent, with an average of about 83 per cent of the latter: in other words, the differentials in favor the Panama route with its thirty-day trip as compared with the transcontinental route with ite fourteen-day trip are so small that the ither east or weet does not consider 2g sufficient to cover risk of damage or breakage in the necessary several handlings of the goods via Panama cond—A regular schedule of sailing dates i seem to be a necessity. This would enable shippers to order definite quantities per straining their storage facili- ork or other Eastern centers, If service were established, giving as dates as has the. Pacific s ce and doing the business basis of freight rates, it would and the | a arged to transport freight via ces not rest with the steamers alone. iships with large carrying ca- First- red by the ability handle it. That large business to a, west coast of 4 » and California, and should be enlarged to meet the fic over this road. There have | frequent instances in recent years when re has been a great freight congestion on isthmus. v there is 2 new question importance—the buflding of the Panama ork will require at least ten | the enormous quantit for labor and mate: not the | vT1 Should the present line be double- | it would still be a question as to r the additional facilitles would admit h increase in general freights, aside equirements occasioned by canal Fourth—It is generally conceded that a line steamers plying between San Franclsco and s is a commercial necessity. In this on merchants favor a service with a schedule to one without schedule. Such anted by trade requirements, should be malntained by ome or more with a fixed tariff based upon a nue, which would provide more equit- able rates on freight. Regular established | rates would doubtless better serve the com- 2 degree that would be disestrous. Fifth—If it can be accomplished without violuticn of treaty obligations none of ~the Mexican end Central American tonnage now carried by American vessels should be ai- lowed to go to foreign vessels, as it would cave the American line with only New York and San Francisco through business to live on. from way freights increake the earn- the company and heip to reduce the New York and California business. ie way traffic were surrendered to foreign it would increass the cdst of the United Interstate business and impair a ser- ich fifty years of active operation has rated should be improved. Sixth—The canal is now being bulit by American enterprise and American steamships should control the traffic of the isthmus until the day America opens the portals of the Panama canal to our country’s new merchant marine and the commerce of the world. We are strongly opposed to Government ownership o1 operation of steamship lines for commerelal purposes, and we recommend the national Government adopting such measures as will regular limes of American steamships cperated by private American enterprise. ISTHMUS TRAFFIC SEOW. As the report was solicited by Com- missioner Bristow for the instruction of the Government at Washington re- garding the opinions and the facts in| the possession of the merchants of San Francisco, the greater part of the doc- ument is given to the recapitulation of information that was gatheréd in this city and then econdensed into reason- ably small compass. Recommenda- tions are comparatively few except as they appear in fhe shape of deduc- tions from statements that are ap- proved by the Chamber of Commerce, The report opens with some history. Attention is called to the fact. that “while San Francisco has been grow- créasing in volume, the traffic between the Gelden Gate and the Eastern cities vie Panama has remained almost sta- tionary.” At this time It is found that the question cegmes up in an entirely new form, and the situation is describ- ed as follows: \ g Under government ownership of the Panama Rajiroad and the sea route to New York trom Colon the only question to be considered would be whether freight rates could be made sufficiontly low to make the saving on trans- portation expense an object to the shipper and encugh to offset the additional time required in_transit There are reasons why the Panama route cannot be utilized with advantage in the com- mercial interchange of commodities between San Franclsco and the Atlantic States. and | with the Steady development of transportation facilities between natione as well as between our own States those reasons are -becoming more potential every-year. In brief, they are but two {n number: First—Losy of time in transit. Second—Increased freight cost made neces- rom steamer to car| and from ear o steamer. These two factors are the obstarles: they are permanent for the time being and cannot be overcome until the Panama cahal is com- leted. At present all freight shipped from | n Francisco to New York via the Panama route has to be handied at least six times in! John H. Bullock, Alaska: damage transit, thereby Increasing the risk of or breakage, while by overland rallroad it fs handled only two times makes the journey in less than one-half the time consumed vis Panama. MOVEMENTS OF FREIGHT. information of President Roosevelt, Secretary Taft and Com- missioner Bristow., many facts of com- mon local knowledge relative to the movement of commodities by sea are submitted by the Chamber of Com- merce in statistical form. The deduc- tions that have local interest dre easily summed up. 3 It is reported that “as mearly as.can | the East | The former be estimated at this time of the ag- gregate shipments by sea from 8an Francisco to the Atlantic States 60 per cent go via Panama and 40 per cenq via the Straits of Magellan. Since' 1884 the outgoing freights from San Francisco to New York have maintain- ed a comparatively even status. The percentage of shipments via Panama in the last ten years is smaller than in the ten years from 1884 to 1894; for the entire period 60 per cent is a con- servative allowance to be credited to BIG PROJECT Preliminary Surveys for the Reclamation of the Lands| of the Sacramento Valley PLLE T R S PLANS FOR THE SCHEME Engineer Lippincott Says! Great Undertaking Must| Now Wait Upon Congress! Bpecial Dispatch to The Call. RED BLUFF, May 8.—Superior Judge John F. Ellison of Tehama the Panama route. The merchants of San Francisco are quoted as saying that there ‘“are few commodities that can be shipped from this city to the Atlantic States to bet- | ter advantage via the Panama route than via transcontinental lines”; also “that the rates via Panama seem to be so adjusted that the small saving in freight charges is not sufficlent to war- rant the risk of damage or breakage in the several handlings required dur- ing transportation.™ In support of this statement, facts relative to eomparatively small ship- ments via Penama of various sorts of goods and products that have been made in connection with the Pacific Mail Steamship line are quoted. These relate to shipments both from and to and FEurope and includ paints, ofl, glass, quicksilver, dried fruits, canned fruits and vegetables, salt salmon and codfish, wines and brandles, hops, boots and shoes, paper, cardboard and twines, redwood lum- ber and shingles, hardwood Iumber and wagon materials, ifron and steel and agricultural tools and implements. s Ll ASKS CGANAL COMMISSION TO CARRY OUT PROMISES Manuufacturers’ Association Sc.ks to | Have Government .Purchasing Agent in This City. Since the change in.the personnel of the Panama Canal Commission San Francisco has been overlooked in the matter of furnishing canal supplies. Contracts have been awarded to other parts of the country for supplies of potatoes and onions on which San Francisco had no chance to bid. Lum- ber is now wanted and no blank pro- posals have been sent to this city. commission agreed to give San Fran- cisco a fair standing in the matter of | bids, but that agreement has seem- ingly been overlooked by the present Commissioners. The Manufacturers' and Producers’ Association has taken up the case and has sent for the lum- ber proposals and also has requested that the promise that a purchasing agent shall be stationed at San Fran- cisco shall be fulfilled. ———— TWO COMPANIES WILL BE I and K, Tenth Infantry, Go to Port- ' land This Month and Remain During Fair. Companies I and K, Tenth Infantry, under Captain McGowan, will guard the Government exhibits. Twelve companies of the Coast Artil- lery were practicing yesterday shoot- ing at a moving target at sea. Only small shells were used, this to give the men practice in aiming. : Thursday afternoon Major Van Vliet and Captain Lindsay of the Thirteenth Infantry 'will play the semi-finals of | the tennis tournament at the Fort Ma- | The finals will decide who | on courts. wins the loving cup offered by the offi- cers around the bav. E. P. Newsom, chaplain Ninth Infan- try, and Captain Eugene O. Fechet, Signal Corps, Benicia Barracks, regis- tered at the department headquarters yesterday. Major a Febiger, inspector general departmeht, was discharged from the Presidio Hospital after a few weeks' iliness. Lieutenant Floyd Frisbee, Philippine Scouts, was sent from _the Presidio Hospital yesterday to Fort Bayard, New Mexico, where he will enter the army general hospital for Lieutenant Frisbee recently returned trom the Philippines. Mrs. H. H. Rutherford, wife of Dr. ! Wednesday | Rutherford, will arrive from Fort McKenzie, Wyoming, to be with her husband here. They will oc- cupy the quarters which Lieutenant Craig vacaies on May 81 Lieutenant W. McDaniel, Fifteenth Infantry of Monterey, will be trans- ferred from the hospital there to the Presidio Hospital as a patient in a few days. The transport Logan arrived at Hon- olulu from Nagasaki May 6, and it is thoug?t that she was laid up there a day fér repairs. that the Sheridan will be the next transport t6 leave San Francisco for Manila, via Honolulu and Guam. Brigadier General Funston, accom- panied by aids Lieutenants Long and Mitchell, ingpected Alcetraz Island yves- terday and reported it to be In excel- lent conditign under the supervision of Major A. R. Paxton, Thirteenth Infan- try. ¢ Saturday afternoon the Waseda Unf- versity baseball team will meet the crack Presidio nine and much interest is manifested in the outcome of the game. Bill Lange, the former Chicagc outfielder, will umplre the contest. Major Francis L. Payson, pay de- partment, San Francisco, will be trans. ferred to Manila, reporting to the com- manding general for assignment to duty on his arrival. He will leave here June 30. Captain Charles W. Fenton, cavalry paymaster department, will be trans- ferred to San Francisco on the arrival of Major Payson in Manila and await further orders from Washington. Major Arthur C. Ducat, Seventh In- fantry, will join his regiment on its arrival from the Philippines. Major Ducat has been absent on leave. R S i Court of Appeals Decisfons. Decisions were handed down ‘yes- terday by the United States Circuit Court of Appeals in the following cases: Matt Meehan and Thomas Larsen vs. O. A. Nelson, G. N. Hensley and Michael McMahon, Alaska; de- cree afirmed with costs. Martha H. Shields vs. the Mongollon Exploration Company, Helene W. Klm’b:ll and ent afirmed. Willlam Malone, Julll?la;l[ld- derlene, Charles ‘homas Nye and George Modina vs. Jean S. Jack- son, Alaska, judgment reversed and a new trial granted. Henry A. Crane vs, Cornelius F. Buckley, udolph Spreckels and Timothy Hopkins, Cali- fornia, judgment affirmed. INSPECTOR BONNER TRANSFERRED,— Chinese Inspector J. Bopner has been tranaterred trom 1.,‘,‘.1:.; N M. to uygfx —_—————— members of the canal/ leave | here about May 15 for Portland to | treatment. | It has been decided | County, chairman of the irrigation | committee appointed by the Board of | | Bupervisors, has received a letter from | J. B. Lippincott, supervising engineer in California of the reclamation ser- | vice, in which the Sacramento Valley | project is discussea at length. Lip- pincott says he believes the Sacra- |mento Valley offers the greatest un- developed opportunity in arid Amer- ica, but he adds that the enterprise can be carried out only by slow stages, ; | &g great obstacles must ‘he overcome. | The letter is as follows: | oL Vish to acknowledge receipt of your letter | of April 8 and also resolutions adopted by the committee appointed by the Board of Super- i Jsots relative to irrigation in the Sacramento | Valley. This s a matter that has attracted i { my interest for the last five years or more. | Beginning in 1895 we have kept dally records | of the flow of the Sacramento River In your | county. The question of the avaflable wator | | supply and the regimen of the river is of | prime importance in the consideration of this subject, and adequate information can only be obtained concerning it throughout a series of observations extending through a term of year: | I bave directed our engineers to take up one after the other the tributaries of the Sacra- j mento Valley, make detaliea studles of their drainage basins, locate reservoir sites, survey them, establish’ gauging stations at the dam | sites’and make general reports on the cost of | construetion and the’ character and value of | the lards that may be reclaimed thereh: { .. About four years ago, through the | Forest Assoclation, the recla expressed ftself as anxious to | prehensive study-of tiis entre State has co-operated in this. W rveys of the enure floor of the Sac- which con- of the low {and, as previously stated, have gone {nto an e: tended study of the engineering features of this proposition. I think I may say that I “have not dropped this great-subject for a pe- riod of four years. 1 believe the Sacramento Valley offers the. greatest undeveloped oppor-. tunity in arid Amierica, but 1 also belleve that the problem involved in Its reclamation is one I of the most extensive and intricate that we have to deal with in arfa America. I bellevo that It can be solved, and that it will be solved, and I hope that the reclamation . ser- vice wilkbe able to lend materiel aid in its solution. | COMMITTEE TO VISIT. | We are just sending to the printer a report which combines a compilation of the essential features of all previous reports concerning this valley, together with a collection of all data that the United States Geoiogical Survey and its associate organization—the recliamation service—have complied. This 16 in the nature of a progress report and a bcok of reference 1;31 engineers and property owners in this sec- tion. We ae now preparing to send out field par- | ties to ¢omplate our’ investigations of the avall- | able reservuir sits in connection with this en- | | terprise. In_addition to our fleld parties, we ' have avaflable for the consideration of this ! | problem a board of eonsulting engineers of ma- | | ture experience and sound judgment, before 1‘ whom this entire question will be continueusly | | presented a& our investigations proceed, Realizing the magnitude of the work that we arc undertaking. and belleving that speclal acts of Congress srobably will be required for an elaborate handling of the situation, both tion to navigation and overflow, and poseibly of State co-operation, the reclama- tion servite, with this very largely in view, requested the House and Senate commiftees on | irrigation to visit the Sacramento Valley in or- der tnst they might personally become ac- | qualnted with the situation Uf the field. These | gentlemen will be in Sacramento Valley on the 15th and 16th of June next. 1 hope to be | able tu bring them up the west side of the | valley or down the Sacramento River. The | time of such a large committee you will ap- preciate s very limted, and although I have urged a_more extended examination in this field, I believe this Is the best that we can | | do with the situation. I think it desirable for | perhaps two representatives of the Sacramento | Valley Development Association to accompany | the Congressional _committee on this trip . through the Sacramento Valley. PROGRESS MUST BE SLOW. The demands on the reclamation fund are so great and from so many different quar- i ters that it will not be possible to take up the reclair.ing of anything approaching this entire area at one time, but 1 do hope that we can be able to take up onme after another of the | variots units of the enterprise and work them { out gradually, according to a preconceived | plan and in a barmonious manner. Just how the details as to the procedure and meeting ' {of expenses are to be molved 1 mm not yet prepared to say, but I believe that it will | be possible ultimately to work them out. One of the most serlous obstacles. If not the most serious obstacle, in connection with this great | enterprise T have believed in the past to con- | efst of the indiffersnce, or, at least, lack of | | support on the part of the people of this sec- tion to the irrigation idea. The resolutions of your committee are, therefore, particularly in- | teresting and acceptable to ‘me, and I will take pleasure in forwarding them to our cnief | engineer for prescntation to the Secretary of | the Interior. | 1 wish again, however, to warn you that | the reclamation service has many and great dcmands put upon its resources; that this is a great problem that cannot and will not be ! worked out in a hurried manner: that we will e coufronted with enormous difficulties, prin- | cipally of a social nature. and that we must | face the problem with calm deliberation and | steady judgment, vather than from a stand- | point of hasta or effervescent action. 1.wish to avoid excitement, and, particularly, I wish 10 avold givirg the impression that the pec- ! | lamation servics will or can mmediately take | {up thie enterprise. 1 do hope the servi will proceed in the future } tenacity of purpose that it has shown during | the past few years, looking toward the solu- tion of fhls greatest roclamation problem of arid America. 1 belleve it s wise to con- tinue the organization of your committee, and when the time for further aetion arrives, | 1 will take pleasure {n co-operating with you. { —_——————————— OFFICIALS FROM UTAH GUESTS OF LOS ANGELES Senator Smoot, Governor Cutler and Others Celebrate Completion of E .Clark Road. T.0S ANGELES, May 8.—The spe- ! clal train over the San Pedro, Les; Angeles and Salt Lake Railroad, bear- | ing a party of 200 citizens of Salt Lake | City and Utah, arrived In Los An-| geles at 8:30 o’clock this morning. | Among the party are many State - cials,of Utah, including Governor John | C. Cutler, city officials from Salt Lake . City and many prominent business men, representative of both the Mor- mon and gentile divisions of Utah citizenship. Among the State official with the party, besides Governor Cut: ler, are Attorney General M. A. Bree- den, State Auditor J. A. Edwards and State Treasurer James Christiansen. Mayor Richard Morris and several members of the .City Council and other city officlals are also with the party. : They: are here for a stay of several | days as the guests of the Los An- geles Chamber_of Commerce and for an informal jolfification over the com- i pletion of the new Clark road joining | the two cities. r | United States Senator Reed Smoot and a number of others high in politi- cal and church circles arri in Los Angeles on the r e train ! and joined the party. 5 dw)mn the entire party conducted over the* ei? in speclal trolley cars. To- morrow they will go to Catalina Island and Wednesday a trip will be made to Mount Lowe. The return trip ;Aome will be made Wednesday even- | ng- Sy i v,w-ulfinarw. ~ a telegram to among valuable mining ess| inted | e T e ke | the can AT WORK CUPON (= i me— EAST AND BACK ...DATES OF SALE... May 10, 11, 27, 28, 29 June 12, 13, 14, 15, 16, 17, 25, 26, 27, 28, 29, 30 July 4, 5, 6, 24, 25, 26 CHICAGO, KANSAS CITY AND MANY OTHER POINTS These Excursion 'Tickets are sold only by the Santa Fe and do not. apply over any other railroads. on the California Limited. : : ..SANTA FE OFFICE. ... ASK OR WRITE TO... 653 Market Street, San Francisco 1112 Broadway - - - Oackland 27 South First Street, San Jose 2d and J Streets - - Sacramento They are honored S—————————————————————————————————————— o com—