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Algona Courier in Algona, Iowa

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Newspaper

Algona Courier

Location

Algona, Iowa, United States of America

Date

Dec 11, 1903

Page

2

Post Office Fraud Scandals Reach Far Beyond Regular Costs

Investigation into post office frauds reveals over forty inspectors at work on more than forty cases. Large government losses stem from officials granting fat contracts and profiting via kickbacks. Items like cancelled ink and Doremus machines caused vast overcharges. Bristow and Heath figures dominate the report. Four officers resigned, thirteen removed, and forty four indictments issued as corruption erupts within the Postal Service.

Ault & Wiborg Louis Kemper Barrett Arnold Machen Beavers Bristow Perry Heath Post Office Department Doremus H. J. Truesdale Green Truesdale Mr. Heath Brandt Automatic Cashier Winfield Strang Canton George F. Miller Washington Postminsters EB. A. Driggs Brooklyn Postal Service Gen. Grant

Remarkable Record of 1903 Failures and Unemployment

The November 1903 Dunn & Co report shows a record surge in commercial, manufacturing, and financial failures. 1162 failures with $16.4 million in liabilities. 267 manufacturing disasters. 845 trading defaults. 50 bankruptcies. Widespread unemployment across railroads, paper mills, iron districts, and textile mills signals a severe economic strain and calls for conservative fiscal behavior and restraint on trusts and tariffs.

R. G. Dunn & Co Ohio Pennsylvania Birmingham

Union pricing and Cuba statehood debate highlighted in opinion lines

The column argues for a union to stabilize ear prices and labels low sellers as seab. It questions Senator Newlands push to admit Cuba as a state while NM, AZ, and OK wait for statehood, notes J D Rockefeller Jr. teaching thrift, and mentions a Spanish Cortes bill to compel voting.

Newlands Colorado United States Senate Cuba New Mexico Arizona Oklahoma

Local notes reflect community life and events

Des Moines helper at Conner's drug store notes solid trade as town resumes activity. Gar field transplants to Mulhall Oklahoma, with hopes for health and happiness. An exchange touts burnt corn as hog cholera cure, while corn prize results report L. Dickinson Algona and Will Banks Burt earning second prizes. Merriment scheduled for a December 16 show, and Sam Goodspeed of Bancroft dies after long illness. his lodge dues help a family. fraternal orders praised for support.

M. J. Godfrey Des Moines Conner John Spelser Garfield Township Mulhall Oklahoma Peoria Register and Leader Yeterday L. J. Dickinson Algona State Farmers’ Institute Des Moinés Will Banks of Burt Kossuth W. P. Dawson Quimby S. F. Ross Elk Port Sam Goodspeed Bancroft Goodspeed Sam

Wilfrid P. Jones Named National Bank Examiner

Wilfrid P. Jones has been appointed National Bank Examiner with headquarters in Algona and a salary between 4000 and 9500 dollars annually. The appointment by Secretary Shaw is praised as fitting and Jones is noted for his Algona roots, prior service at First National Bank, and noted business integrity. Wm. C. Steele offers a Christmas souvenir free to all shoppers entering his store during the holidays.

Wilfrid P. Jones National Bank Examiner the Courier Algona Shaw Jones Tie Mr. Jones First National Bank J. B. Jones Wm. C. Steele Holly

Also Mentioned on This Page

Aipoua BY Hinchon & Finnell Chicago Dowie Zion Ironwood Mich John Goeders J. D. Rockefeller Jr A Rockefeller Cortes Fisher’s Clothing House Erishel Towa Howes Griffiths Beitler MAGE Ric Dingley & CO
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