Guaranteed banks would secure deposits and curb panics
The plan proposes government backed guarantees for national and state banks to prevent runs. Depositors gain security while banks maintain capital stock and stockholder liability. Supporters argue this protects trust, improves regulation, and avoids full government banking, noting historic low losses in panics and the role of money in commerce.
MENTIONED IN THIS ARTICLE
Postal Savings Banks
Europe
Wanamaker
City Council Delays Major Actions Amid Legal Doubt
At adjourned meeting Mayor France and eleven councilmen attended. Officials postponed important measures over legality concerns. C P L Robers requested an arc light at First and G streets. Street committee urged two Market Street bridges west of Division. Market Street west of Broadway discussed for permanent paving. Water Superintendent Jensen to hire help to finish water-usage check. Fire department cost study found economical. recommendation to rely on city teams for hauling rather than hired teams.
MENTIONED IN THIS ARTICLE
France
C. P. L. Robers
First
Market Street
Division
Broadway
Jensen
Chehalis County Banks Move to Cash Basis
The Associated Banks of Chehalis county met Friday and began retiring clearing house certificates. The one and two dollar notes will be called in first with larger denominations following, as county banks enter a cash basis after waiting for actions in larger cities.
MENTIONED IN THIS ARTICLE
Chehalis County
Registration Books Open for City Elections
Open Thursday January 2 1908 at City Clerk office in City Hall. Voters must reside one year in state ninety days in county and thirty days in ward or precinct before election. Foreign born must have final papers. 65 days before the Primary and 77 before the Municipal Election. Dated Aberdeen Wash December 30 1907.
MENTIONED IN THIS ARTICLE
Aberdeen
Wash
Hibbs Open Turkish Bath Parlors at Broadway and Heron
Mr and Mrs Hibbs from Hot Lake Oregon open Turkish Bath Parlors for ladies and gentlemen at the corner of Broadway and Heron street with hours from 1 pm to midnight.
Schubert Club Stirs Local Interest With The King
The Schubert Club presented The Coming of the King to a large audience despite bad weather. Soloists Baker Burnett Macfarlane Jacobsen choir and orchestra praised. 320 dollars pledged for a 1000 dollar reserve fund. A January 6 performance in Hoquiam Presbyterian Church will feature a new pipe organ with special club cars.
MENTIONED IN THIS ARTICLE
Schubert Club
Miss Baker
W. R. Macfarlane
P. J. Perry
E. B. Crary
A. O. U. W. Hall
Presbyterian
Hoquiam
Aberdeen
Aberdeen Rooters
L. H. Burnett
The Boss Backs Up Carnegie Library Gift Stand
The Grays Harbor Post shifts stance on accepting Andrew Carnegie library funds amid union and city politics. The Aberdeen council is urged to accept a $15 000 gift for a free library, with calls to avoid delaying until April elections and to hold a public expression on the issue.
MENTIONED IN THIS ARTICLE
Grays Harbor
Aberdeen
Post
The
Carnegie
Herald
Aberdeen Free Library
Friends of the Library
Resolutions of Sympathy From Dewey Council No 93
The council extends heartfelt sympathy to the bereaved mother and brothers on the passing of Elsie Nowack. A copy of the resolutions will be entered in the minute book, presented to the family, and printed in the Aberdeen Herald.
MENTIONED IN THIS ARTICLE
Elsie Nowack
Order of Pendo
Council
Aberdeen
Business Chance For Sale In Grays Harbor Town
For sale racket store in a top Grays Harbor town with a long lease and clean stock. Price less than in voice. Address K. C. Henan office Aberdeen 15-2m.
MENTIONED IN THIS ARTICLE
Grays Harbor
K. C
Henan
Aberdeen
Watch Tax Lesson Illustrates Tariff Costs
W J Bryan receives a hunting case gold watch bought in England for 7.98 and sold in the United States for 10.58, a 2.60 levy attributed to the Elgin movement. The card explains how the watch trust uses tariff law to raise prices for American buyers.
MENTIONED IN THIS ARTICLE
Europe
United States
Watch Trust
W. J. Bryan
Elgin
Charles A. Keene
Independent Watch Dealers’ Association
Bryan
Keene
American Watch Trust
England
Broadway
New York
America
Elgin Watch Company
Patrons Open New Book Bindery and Ruling Room
F G Tefft & Co announce Chehalis County the opening of a complete book bindery and ruling room in Aberdeen Washington. The plant offers services from pamphlets to blank books with new machinery and a premium ruling machine on the coast. They invite the public to inspect the plant at 83 34 Wishkah Block.
MENTIONED IN THIS ARTICLE
Chehalis County
F. G. Tefft & CO
Wishkah Block
Aberdeen, Wash
Custom House Remains in Aberdeen Not Moved
Senators Piles and Ankeny asked the treasury department to verify rumors that the Grays Harbor customs headquarters would be moved from Aberdeen. The department denied any such plan and found no foundation for the rumor at all.
MENTIONED IN THIS ARTICLE
Washinaton
D. C
Piles
Ankeny
Treasury Department
Aberdeen Chamber of Commerce
Grays Harbor
Aberdeen
Department
Timber Claims Offered for Fir Cedar and Pine at Port Huron
182m timber claims offered by Anaus G Mackay of Port Huron Michigan. Purchases cover fir cedar and pine with prices warranted by location quantity and timber quality. Write for details.
MENTIONED IN THIS ARTICLE
Anaus G. Mackay
Port Huron
Mich
Also Mentioned on This Page
the City Council
West Market Street
Morris
Spokane
Shubert Club
Clark
Custom House