Cummins Hastens Passage Of Railroad Bill
The senate debated rail consolidations and a valuation requirement. Cummins praised the bill minus sections on traffic agreements and mergers, while opponents warned of costs and potential loopholes. The Brown amendment to forbid consolidation failed 20 to 41, with further bids for interstate valuation debated amid floor maneuvers. The senate adjourned with a vote likely tomorrow.
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Roosevelt Accepts Freedom of City of London
Theodore Roosevelt was awarded and accepted the freedom of London at Guildhall amid bold remarks on Britain's Egypt policy. He criticized nationalist forces in Egypt, praised Uganda and the Sudan, and urged Britain to decide whether to stay or leave Egypt to restore order.
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Joseph
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John Knill
Why is the public bullish in the market Why is the public bullish in the market
A Louisville Courier-Journal piece explores why the general public remains optimistic about prices. It notes the stubborn belief that prices always rise and explains the psychological pull behind market enthusiasm. The article discusses how widespread faith in perpetual gains shapes investing behavior.
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Louisville Courier-Journal
Johnnie’s Crisis Clarified By Baseball Pun
From the Buffalo Express a humorous exchange shows a child asked about a crisis replying with a baseball score idea. The quip plays on two outs with the bases full as a witty analogy to a tense moment.
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Missouri bans on foreign firms struck down by Supreme Court
The US Supreme Court ruled Missouri’s March 13 1907 law prohibiting foreign corporations from doing business in the state and suing in federal courts unconstitutional. The decision upheld Judge Smith McPherson’s circuit court ruling that the act discriminated against foreign companies, denying federal protections and impairing a 1870 contract.
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Missouri
United States
United States Supreme Court
Smith McPherson
Circuit Court of the United States
Western District of
Rock Island & Pacific Railroad Company
Secretary of State of
Circuit Court
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