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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 12, 1911
Page
13
The president of the Trest Company of America triggered a bank run following a substantial blunder. Customers lined up as rumors spread of financial instability and possible insolvency, prompting swift assurances from executives and a temporary halt on withdrawals.
Washington August 11 Oakley Thorne president of the Trust Company of America defended his bank before the steel trust investigating committee disputing Perkins claim that his firm was the panic’s chief sore point He said a run on the bank followed a press statement and that $13500000 was paid out in one day as cash was sought from New York bankers to avert collapse Thorne detailed loans and cash infusions from Morgan First National National City and Hanover banks and described the Bank’s assets before the panic.
London Aug 11 The dockers lightermen coal porters and car men strike ends with an eight hour day and about 26 percent wage increase. Return to work expected Monday. Leaders demand reinstatement of all who took part. Strikes threaten in Glasgow Newcastle Hull and Edinburgh with tramway workers in Glasgow striking tonight.
A convict assisted by a brother and guard shouted to release, allowing an escape from a gang operation near an Iowa prison. Authorities pursue all suspects and review security measures at the facility.
A herd of 400 men in autos chased Charles Smith and two companions who shot prison guard William Homemaker and tied him to a tree near Marion Iowa. Homemaker survived an operation after detailing the escape, while the fugitives fled into timber with a pursuing posse close behind.
Forest fires broke out again today in Devil's Canyon of the San Bernardino mountains but were extinguished by local fire crews. Reports that an earthquake loosened smoldering logs causing the blazes were denied by rangers. The fires started in brush fires sighted by ranchers, burning about ten acres of brush land.
Miss Inez Long of Independence Mo lost a large part of her tongue when she was thrown from a car in Kanene City Aug IL Her doctors hope grafting a new piece can save the tongue Parents seek a donor willing to part with an inch of tongue for the graft to help her recovery.
Chicago hosts nearly all top American aviators and a dozen foreign flyers for the international aviation meet starting tomorrow. Daily duration events begin at 3 pm with $2 per minute for time aloft and a nine day program including speed contests for monoplanes and biplanes, across county over water, altitude, passenger carrying and trick flying contests.
Washington August 11 conferees from both houses reached a complete agreement on wool duties and began on the free list bill The plan fixes a 29 percent raw wool rate and adjusts carpet and cloth duties The House balks at meat and cereal free import lines and insists on adding lemons to the free list The dispute centers on how to report a disagreement and the Senate stance remains uncertain
Buffalo New York August 11 An important decision under the Elkins rebate law allows fines totaling four million dollars to be imposed on Standard Oil and the Pennsylvania and New York Central railroads. Fines for rebates on oil shipments from Olean New York to Rutland and Hellows Falls Vermont were previously set at 75 thousand. Standard Oil was convicted and fined twenty thousand and the railroads were fined fifty five thousand. the government argued that each shipment was a separate offense and the judge upheld this view.
Special Dispatch to the Standard from Washington August 11 the First National Bank of Butte was designated as a depository to receive postal savings funds from postmasters whose offices are authorized to do banking business.
Washington, Aug. 11. President Taft will designate Thursday, Nov. 30, as Thanksgiving Day this year. The White House had been pressed by theater managers and college football organizers seeking a fixed date to allow scheduling of performances and games for the holiday.
Marshall Missouri August 11 Wade H Smith, charged with kidnapping his wife from her mother's home here Wednesday, was arrested at Odessa Missouri today and will be brought here for trial. Smith and his wife had separated. he went to her mother's home, demanded she return, she refused, and he allegedly seized and dragged her away.
Washington August 11 by house action home steaders in western states whose crops failed this year due to drought may abandon their claims until next April without forfeiting rights the bill has passed the senate
New York on Aug 11 greeted Admiral Count Togo with crowds of Japanese and Americans shouting banzai as he arrived at six after touring Washington Baltimore and Philadelphia. He dined with Consul General Midzuno in a ceremony honoring Japanese customs.
Special dispatch reports at Sand Coulee Carbon company mine Axel Larry and his partner were trapped by falling rock. The rock buckled and formed a roof over them, sparing their lives. Larry suffered severe arm injury while his partner had a crushed hand. Four men lifted the rock to free them.
Four candidates remain in the Mexican race as campaigns move toward a decisive vote. Details on candidates, parties, and dates are reported from official sources and local observers.
Dr Francisco Vasquez Gomez declares willingness to run for president if re electionists nominate him while reaffirming cordial ties with Madero and serving as vice presidential candidate on the Madero ticket. Catholic party calls for a presidential nominee as anti re electionists form. General Reyes enters race. conventions set Aug 16 27.
Dr Harvey W Wiley and assistants Dr Kebler and Dr Bigelow testified before the House Committee of Inquiry on the brain food charges. They described hiring practices at the Bureau of Chemistry and said orders restricting talk to district attorneys required written permission.
Special Dispatch to Standard from Great Falls says K A Hinote faced a judge after a heated exchange with ex Alderman William Grills over remarks he objected to. The argument at Grills’ business led to Grills drawing a revolver, which Fred Peckover stopped from firing. Hinote pleaded guilty to disturbing the peace after police took him into custody.
Elizabeth Mary Ulrich of Boston sues William Oscar Ulrich now in Fergus Montana for divorce in Suffolk county court alleging desertion since July 198 and cruel treatment. They married March 16 1896 and lived in Boston and Cambridge until the desertion. Writ returnable the first Monday in September.
In Chicago on Aug 11 four of twelve arrested last night were formally charged with kidnapping and extortion. Names include Joseph Nicolosi Carmelo Nicolosi and wife Pauline Bianca Cudrona, while Lauren Nicolosi was discharged. Angelo Moreno the kidnapped boy was returned home after a $500 ransom.
August 12 in Vatican reports Pope Pius XII had a restless night due to knee pain but improved after treatment. He slept peacefully at 5 am and doctors expect recovery within 10 days amid heat and yesterday’s exertion. Cardinal Merry Del Val plans to visit Montmerio on Sunday. pope sat up briefly and received visitors.
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