Secretary of War Root deals fully with militia matters
Washington dispatch reports Elihu Root presenting a comprehensive view of militia and army reforms. It covers General Staff creation, civilian control vs military oversight, militia organization, encampments, inspections, and instructional programs. Noted are funding trends, rifle practice push, and insular defense planning including the Philippines.
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Root
Washington
Elihu Root
Philippine Scouts
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Currency Comptroller Delivers Strong Annual Report
Washington December 8 The annual report of William B Ridgely comptroller of the currency outlines national banks resources and liabilities as of September 9 1903. It notes increases in reporting associations and total resources, with detailed changes in loans discounts United States bonds specie and deposits while highlighting a rise in circulation and capital stock alongside notable bank consolidations and minority shareholder protections. It also calls for legislative reform to improve bank consolidation and elasticity of bank note circulation amid market fluctuations.
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