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Newspaper
Atlanta Constitution
Location
Atlanta, Georgia, United States of America
Date
Apr 03, 1914
Page
9
A committee announced a proposal tied to the Federal Reserve location and timing. The Constitutions committee verified a plan predicted a month earlier and referenced actions taken on March 7.
The organization committee selected twelve cities for new federal reserve banks and divided the continental U S into twelve districts. Boston New York Philadelphia Cleveland Richmond Atlanta Chicago St Louis Minneapolis Kansas City and San Francisco are listed with district capitals and capital amounts. The plan includes no branch banks yet and requires bank capital subscriptions before implementation.
Boston April 1. The old elms on Boston Common and Harvard college ward are to be removed. Park and recreation chief Tohn T. Qillon says 200 elms must be cut down immediately due to leopard moth damage. About 200 more trees are in bad condition but may last a few years.
Twenty natives killed and fifty others injured today when a railway train derailed while crossing a bridge near Tanjong Priok, ten miles from Batavia. The locomotive plunged into the burning wreckage after colliding with a herd of cattle that had wandered onto the structure.
Washington April 2 Especial Congressman William S How ard was elated when informed that Atlanta had won the regional reserve bank. He called the selection a gateway to the southeast and praised Atlanta citizens for months of public spirited effort.
Joby Corrigan Jr reports New Orleans joined the Atlanta reserve bank district after a long selection process. Georgia Senator Hake Smith praised Atlanta’s economic growth and banking leadership, noting Atlanta's large national banking capital, deposits, and clearings gains while stressing future growth considerations for reserve districts.
A Black defendant named Barret Hickman was found guilty on a serious charge related to the February 21 incident with H G Bennett, a white watchman fatally injured. Judge Ben Hill sentenced the defendant with the May 1 death outcome described, based on a dying statement Bennett gave identifying Hickman as the shooter during a brass theft arrest. The jury deliberated for about twenty minutes.
Seven persons were bitten by two Pekinese dogs at a children's party in Pittsburgh on April 2. Mrs Robert Duncan, her daughter Elizabeth, and five of Elizabeth's guests were rushed to the hospital's pathological department after it was revealed the dogs had shown signs of rabies.
Andrew Carnegie creates a new pension fund for Zoological Society of New York employees. He states employees contribute 2 percent of salaries, with the Carnegie fund supplying the remaining pension money through the New York Zoological Society executive committee chaired by Madison Grant. The move funds pensions for zoo and aquarium staff.
A royal bulletin reports King Gustave of Sweden with stomach issues showing signs of return. Court physicians urge a consultation with an internal diseases specialist, though no grounds for immediate alarm are stated amid general anxiety.
A man believed to be BL Baldwin hanged himself in a cell last night in Alexandria Louisiana city jail. He had been arrested after authorities were notified by officers about a check bearing the signature of John W Foche of Galveston. Letters from relatives in Harrisburg Pennsylvania were found.
Boston obituary notes the death of Reverend E. E Strangep after twenty five years as editor of The Missionary Herald. He was a noted statistician and expert on missionary boards work across the field. He retired from active editorial duties in 1907 and had a long association with the American Board.
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