Currency reforms urged by Dawes report on banks
The Dawes comptroller report shows total national bank resources surpassing 4 billion dollars as deposits and loans rise despite shrinking bank numbers. It outlines currency reform principles and recommends keeping the existing note system with added emergency notes funded by a heavy tax on solvent issuing banks to protect depositors and curb rapid credit contraction.
MENTIONED IN THIS ARTICLE
Washington
Charles G. Dawes
Eigs
Banka
United States
Comptroller
Heu
Ita
Amitastlano
Washington Debt Report Shows November Increase
Washington December 2 The monthly public debt statement shows the November close, debt excluding cash in the treasury at 1 127 473 487 dollars, a rise of 16 506 565, caused by a cash drop of nearly 8 million and bond issues about the same amount.
MENTIONED IN THIS ARTICLE
Washington
Philippine report cites silver as currency basis and foreign trade dominance
Edward W. Marden reports to the treasury secretary that silver dominates Philippine currency with no gold in general circulation for decades and the Mexican dollar predominates. Exports worth about 18 million dollars and 12 million in other items are led by foreign traders, with British, German, Belgian and American merchants controlling most commerce. a 1907 export tally lists principal items and values.
MENTIONED IN THIS ARTICLE
Washington
Dee
Edward W. Marden
United States
Philippine Islands
Secretary of the Treasury
Manila
Tlolio
TODS
New York
Bradstreets
Gov Tanner Indicted in Virden Riot Case
Virden riot grand jury returns free bills against principal participants from the October 12 tragedy. Ten indictments involve 54 persons. John R. Tanner governor of Illinois charged with three counts for omission of duty and malfeasance. Fred W Lukins general manager of Chicago Virden Coal company charged with two counts of manslaughter. Deputies Frank Wilder J E Sickles and J A Smith indicted for killing Joseph Gittemele a Mount Olive miner. Judge Shirley fixed Bonds at 503 dollars for Gov Tanner.
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Cariluville
Fil
Virden
Juige RB
Shirley
John R. Tanner
Ilinois
Fred W. Lukins
Chicago-Virden Goal Company
A Prosperous Year Foretold By Trade Review
Bradstreet's weekly trade review reports the year closing with favorable conditions and record commercial volume led by population growth and foreign demand. The note highlights price stability compared with earlier years and an overall expansion in business activity. Noted river captain Lamothe dies in Alton at 81, with links to the poem Jim Bludsoe. Pingree plurality in Michigan official counts shows 73, $91 in most counties.
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New York
Bradstreet
Weekly Review of Trade
St. Louis
William Lamothe
Alton
Mississippi
Luella
John Hay
Jim Bludsoe
Lamothe
Official War History Praises Service In Spanish American War
The annual report of Secretary Alger presents a comprehensive official history of the Spanish American War. It includes dispatches, explanatory notes, Miles's report, and bureau officer reports, praising the nation’s combined effort from commanders to privates and noting record low death rates amid tropical campaigns. It also advocates backlog permanent army growth to 100,000, plus recruitment from occupied islands, and details expenditures, recommendations, and postwar memorials.
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Washington
Dec
Alger
Miles
Vrce
Springfield
Battefields
Tropics
United States
Islands
President Barnaby Rebounds After Nervous Breakdown
Professor Alvin P. Barnaby of Hartsville College recounts his recovery from a nervous collapse with Dr Williams Pink Pills for Pale People. He describes intense prior illness, prostration, and eventual restoration of strength after six boxes. The testimony is sworn before a notary.
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Barnaby
Hartsville College
Alvin P. Barnaby
Hartsville
Ind
Barcaby
United Brethren
Kent Co. Mich
Bowmatty
Tery de, Williams
Poe
Lyman J. Scudder
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