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Newspaper
Ashton Gazette
Location
Ashton, Illinois, United States of America
Date
Jun 26, 1913
Page
2
A wide array of items covers McNab resignation linked to McReynolds delays, Bryan's currency bill support, tariff changes, and the anti trust fund use ban. Also noted are the Pujo inquiry results, labor leaders' appeals, Sulzer Tammany tensions, Rothschild investment in Waters-Pierce, and railroad rate probes.
The third International Road Congress opened in London with Chancellor Lloyd George presiding. Deputy Atencio of Buenos Ayres warned of government interference in the chamber over the reef trust. Anglo American meat firms threaten to close London service next week amid claims the American trust is selling Argentina meat below cost. Wiesbaden & Bauer of Frankfurt suspended with 4.5 million dollars in liabilities and 3.75 million assets. Maurice Prevost of Paris flew 217 miles at 117 mph, and then 80% miles at 111% mph on a circular course. British cabinet members faced questions on personal honesty, with Isaacs and Lloyd George defending their American Marconi share dealings.
Washington reports the Owen Glass McAdoo plan to create at least 12 federal reserve districts with banks in each and a federal reserve board of nine. Banks subscribe 20 percent of capital, earn 3 percent dividends, and a surplus fund rules. The act sets district organization, supervision, and mandatory discount rates, with strong restraints on lending and rigorous examinations.
A Russian officer was bayoneted by an Austrian sentry at Podwoloczyska in Galicia after a wager to cross the frontier, disarm the guard, and carry him into Russian territory. The officer crept onto the railway bridge and attempted the risky crossing, leading to his fatal confrontation.
A stabbing occurred when a man tried to seize an Austrian soldier's rifle on a bridge in darkness. The soldier wrested the weapon away and stabbed his assailant several times during the confrontation.
A dialogue contrasts practical limits of using ashes and tin cans for decorative designs. One speaker questions how to beautify a back area while the other notes ashes lack decorative value and tin cans offer poor material for attractive styling.
President Wilson asks Congress for a comprehensive banking and currency reform linked to tariff revision. He calls for elastic credit instruments, public control of banking and issue, and removal of protectionist restraints to free business enterprise and growth.
A note in G L De St M Watsons book claims Napoleon found solace in music during his exile at St Helena. A piano was imported from England costing 122 pounds, possibly played by Mme Bertrand, who later took the instrument from the island after Napoleon died.
President Wilson signed the sundry civil appropriation bill on Monday and said he would have vetoed the $300,000 provision for prosecuting anti trust violations if possible. He insisted the item would not limit Justice Department actions and noted Congress intended only the extra expenditure, not the law itself.
President Ray mond Poincare of France arrived at Portsmouth aboard the Courbet after an immense royal salute by England’s new warships at Spithead. Two gunners were killed and two wounded by a gun explosion aboard a Cherbourg salute. The visit stirs national interest though no major political changes are forecast.
President Wilson said he would ask Attorney General McReynolds for a full report on the circumstances surrounding the postponement of the Diggs Caminetto white slave cases in California. United States Attorney McNab wired his resignation, and the president, who had no prior knowledge of the affair, called the reason given for postponement humane, pending review.
Arthur Pelkey is found not guilty of causing the death of Luther McCarty in the May 24 prize fight. Calgary court records declare no criminal liability for Pelkey despite the controversial bout and ensuing tragedy.
Beckley W Va June 25 following United States Mine Workers action adop ting a joint resolution calling a strike in the New River coal district it was announced the strike would be called July 1.
Frankie Burns of Jersey earned an even break with Johnny Coulon in ten rounds at Kenosha Wisconsin. Burns had predicted he could match the champion and the bout ended with a draw confirming the pre fight boast.
Chicago June 25 Leave to carry his case to the U S district court of appeals was granted to Jack Johnson the pugilist who was sentenced to a year and a day in Joliet for violation of the Mann act.
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