Morgan 5 Aligns With Advocates of Big Bank in East
Morgan 5 aligns with advocates of a large bank in the East. He believes location in New York matters little to the outcome or policy support.
07 Jan 1914
Page 1
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 23 articles. Subscribers can read the full text of each article.
Newspaper
Albuquerque Morning Journal
Location
Albuquerque, New Mexico, United States of America
Date
Jan 07, 1914
Page
1
Morgan 5 aligns with advocates of a large bank in the East. He believes location in New York matters little to the outcome or policy support.
J P Morgan aligned with advocates for a regional bank to command the New York district. Secretaries McAdoo and Trousten questioned the plan aiming to balance districts with several banks in the northeast. Morgan warned against fixed locations and stressed bank assets over capital. Goldman and May urged a strong New York bank to back the system and control international gold flows.
In a discussion led by Secretary McAdoo President Wilson faces calls for a regional bank system. Lewis T. Clarke argues New York dominance and regional hubs from New England to Houston should form large banks with strong capital. Clarke cites New York as financial center and urges regional banks in multiple cities to balance interests.
Washington reports show ambassadors and ministers aligning on a policy toward Mexico that follows U S plans and defines US non interference obligations The situation centers on protecting foreign financial interests while avoiding political entanglement and includes moves to aid distressed zones in Sinaloa and Mesendeck and updates on Mexican frontline conditions from Laredo and Mazatlan actions reported by naval units.
Michigan Governor Woodbridge Ferris met with county officials, mine managers, and strikers to gather first-hand details on the copper miners strike. He discussed deputies and gunmen use, troop deployments, and the Western Federation of Miners, and urged cooperation to maintain law and order while planning troop withdrawals after January 12.
Gov declares deportation of a labor leader during a strike as deplorable and in every way improper. He frames the incident as a severe misstep affecting labor relations and public safety.
Sheriff Cruz testified before the governor about four run men employed by the county for emergency watch duties. He said gun exposure was unlikely and noted the largest deputy force reached 22 paid staff, with 1,500 to 1,600 company deputies under his control. The governor heard that the county’s strike cost exceeded 106000 dollars, with 27000 spent in November, and that a portion of benefits went to Finnish farmers and workers with socialist leanings.
Pierre January 6 The South Dakota Democratic ticket includes EK Johnson Yankton as Senator T M Talley Minnehaha in First District J F King Hand Second District Harry T Gandy Wasta Governor J W McCador Edmonds Lieutenant Governor J T Heffren Lawrence Auditor Charles B H Fousek Aurora Attorney General L W Bicknell Dav Land Commissioner W J Tener Kedeings Treasurer Robert Fergeson Hutchison Secretary of State J B E Bird Codington State Chairman Dr Leek Brown.
President Wilson spends time drafting a tentative list for the federal reserve board. He reviews names with cabinet advisers and plans to finalize selections after returning to Washington. He enjoyed his vacation at Pass Christian and accepted honorary membership from the Gulfport Volunteer Hook and Ladder Co. No. 1.
The U S Court of Appeals for the Seventh District affirmed 24 convictions for conspiracy to transport dynamite. Thirty defendants won new trials on other points. The court held conspiracy proved and that joining separate acts with continuing conspiracy was proper. No immediate return to prison while appeals proceed. Attorneys plan further briefing.
Indianapolis January 6 Frank C Dailey United States district attorney says he will read the Chicago court opinion before commenting The usual procedure will be followed for cases with sustained appeals new trials ordered Appellants denied rehearing may seek petition to the Supreme Court if rehearing is denied others return to prison
Six of the Indianapolis dynamite conspiracy defendants remain in Leavenworth Federal Penitentiary. Brought to the prison New Year’s Day 1913, all but six secured release on appeal bonds. In prison are Herbert B. Hockin Detroit former secretary of the iron workers union, John T. Butler Buffalo, P A Cooley New Orleans, Frank C. Webb New York, M J Cunnan Philadelphia, and Murray I. Pennell Springfield Ill.
Johannesburg January 6 A strike of five thousand state railway workers was called and will begin Wednesday at midnight in protest against the dismissal of employees under the administration policy of retrenchment.
New York January 6 1912 report shows the gross value of the estate of the late Colonel John Jacob Astor one of the Titanic disaster victims at eighty five thousand eight hundred ninety dollars.
San Francisco reports that Western Fuel Co. allegedly netted more than $500000 from excess tonnage between 1964 and 1912 as officials face indictment for conspiring to defraud customs duties on imported coal. Treasury agent Tidwell testifies and defense cites Spreckels deliveries at San Diego.
A syndicate of five St. Louis banks will take $500 000 of an issue of $1 500 000 receivers certificates of the St Louis and San Francisco railroad. Certificates were placed on the market by Thomas H West chairman of the board of directors of the St Louis Union Trust company and a former receiver of the Frisco. One million dollars of certificates have been sold in New York.
The survey ship Eagle at Gonaives Hayti was ordered to Port Au Prince to observe the latest revolution at the state department request. The warship Petrel or Nashville may follow from Dominican waters if the situation worsens.
Secretary of State William J. Bryan spends a busy day in Lincoln meeting politicians and businessmen. He outlines nine landmarks of a new era including tariff reform income tax currency law and trust legislation while praising President Wilson and peace efforts.
Word came today of the death in Washington D C of GC C Riley general superintendent of transportation for the Baltimore and Ohio railroad. He suffered a brain hemorrhage and had prior official roles with several western railroads.
A board of army officers urges Secretary Garrison to acquire the Bull Run battlefield and convert it into a national park. The report advocates safeguarding monuments now on site and overseeing the property as a national memorial.
Jailed on the border near Presidio Texas rebels under General Villa gather west of the Rio Grande while federal forces hold Ojinaga. Supplies and reinforcements move from Chihuahua as Villa vows to press a decisive strike if Castresa’s 4,000 soldiers can blunt a force ten times larger. Federal troops reported en route from Jiminez.
Hermosillo January 6 report says insurgent activity in the west will renew after the holidays. General Lucio Blanco forms an expedition with officers not tied to other commands and may move tonight. Carranza and Blanco’s routes and connection to Chihuahua plans remain unclear. Rafael Bulna arrives to discuss west coast operations. Petra Herrera, leading 200 soldiers in Durango, provides her first report to Carranza.
Radium cancer treatment for Congressman Robert Bremner of New Jersey was halted for several days, his sister Miss Helen Bremner said. She did not explain the removal but noted no abandonment of treatment and that the sanatorium issued no information on the case. Also reporting: violent earthquakes in Ela and Peloponnesus caused property damage in Greece.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.