Schiff Urges Free Concentration of Wealth Before House
Washington January 16 Jacob H Schiff of Kuhn, Loeb & Co testifies before the house money trust committee advocating liberty for individuals to concentrate money and power to the limit of their ability. He warns against holding companies yet opposes excessive law, favoring self restraint by directors and bank publicity while fearing concentrated control could threaten the economy.
MENTIONED IN THIS ARTICLE
Washington
House Money Trust Committee
Jacob H. Schiff
New York
Kuhn, Lee &Vo
Schiff
George M. Reynolds
Chicago
Reynolds
Communites
Gay
T. P. Davison
F. L. Hine
George W. Bakes
Ite
Wiliam Rockefeller
Efe
Mr. Untermyer
Mr. Schift
Mr. Untermayver
Omre
Selest
Shifty
Crale
Hellev
Tower of Babel
Madge
Seaite
Morgan
Speyer & Co
Morgan & Ila
Kuhn, Loeb & Co
National Bank and Trust Companies
Kuhn, Loeb &Co
Untermyer
Mr. Schiff
Money Trust
Continental and Commercial Bank
Seniff
Heywalds
Lam
Continental
Flo
Chicago Clearing House
John R. Walsh
Walsh
Untermyer Probes Wall Street in Pujo Hearings
Samuel Untermyer, adviser to the Pujo money trust committee, grilled financiers to uncover practices in underwriting syndicates. Schiff, Reynolds, and Heywald discussed bank involvement, competition, and regulation, praising limited banking risks while warning against excessive concentration of money and interlocking directors.
MENTIONED IN THIS ARTICLE
Samuel Untermyer
New York
Pujo Money Trust Committee
Wall Street
Thermometer Headquarters Advertises Moore and Sons
An advertisement for Moore and Sons at 42 N Broad St in the Grant Building promotes thermometers for weather, sick room, and manufacturing use.
MENTIONED IN THIS ARTICLE
Gonn
Moore & Sons
N. Broad St
Grant Building
Peace talks stall as envoys mark time in London
London reports no progress in peace negotiations as ambassadors withhold the collective note to the Porte. Bulgarian envoy Danoff forwards a cipher about King Ferdinand and the army around Adrianople while Bulgarian deserters rise and Shuker Pasha faces pressure over civilian burdens. Ionescu carries the Bulgarian reply to Bucharest for cabinet review.
MENTIONED IN THIS ARTICLE
London
Constantinople
Guy
Germany
Europe
Joe Tuck
Adrianople
Straiggem
Shukei Pasha
Danoff
M. Ionescu
Fnterior
Dobrudja
Turkey
Bulgaria
Ionescu
Bucharest
Inventor Ruthven Convicted In Mail Fraud Case
Alfred I. Ruthven of Keokuk Iowa inventor of a safety device for railways was found guilty in a U S district court of using the mails to defraud. Judge Rufus Foster sentenced him to three years in the Atlanta penitentiary and a 1000 fine. The jury deliberated twenty four minutes. Evidence showed the stock selling scheme spanned the south and middle west.
MENTIONED IN THIS ARTICLE
New Orleans
Alfred I. Ruthiven
Keokuk
Iowa
United States District Court
Rufus Foster
Ruthven
Atlanta
South
Middle West
Linen and Damask Cloths Price List Display
A historical price listing shows Linen Lawn at 25 to 65 cents and Damask Cloths in multiple sizes with varied sale prices such as 4.98, 7.59, 10.00, 12.50 and 22.02, reflecting discounted yardage bundles and bulkcloth offerings for 21 2x2 or 21 2x3 yard measurements. This item catalogs fabric pricing during the era.
Czar Disgraces His Brute for Wedding Private Woman
In St. Petersburg on January 16, the Grand Duke Michael, brother of Emperor Nicholas, was removed from his army rank and placed under guardianship after marrying a private woman against the emperor's will. He loses command of the Chevalier Guards and the regency designate role, with a future regent to be chosen, Dimitri Pavlovitch often mentioned in gossip.
MENTIONED IN THIS ARTICLE
St. Petersburg
Michael
Nicholas
Chevalier Guards
Imperial Court
Madam Sheremetiovskaia
Dimitri Pavlovitch
Paul
Senatorial Deadlock Holds in Tennessee
Nashville January 16. Tennessee legislature fails to elect a long term U S senator as Enloe leads with 44 against McKellar 29 and other Democrats scattered. 66 needed. Short term ballot shows Bryan 68, Overall 8, Wench 21. 66 needed. Next ballot tomorrow at noon. no decisive result. Also New Hampshire deadlock as Hollis 196, Quinby 96, Philbrick 49, 92 scattering votes.
MENTIONED IN THIS ARTICLE
Nashville, Yean
Tilegislature
B. A. Enloe
Independent
Democra
ED. McKettar
D. Tyson
John W. Shields
John Allisah
Bary
M. T. Bryan
John W Overall
W. B. Wench
Wnece
New Hampshire
Concord
N. WH
United States
Henry &. Burnham
Henry F. Hollis
Henry B. Quinby
Repubcan
Rosecrans W
Robinson Inaugurated in Arkansas House Ceremony
Governor elect Joseph T. Robinson took the oath of office in the Arkansas House of Representatives. The simple ceremony occurred in the presence of members from both branches of the general assembly and featured no inaugural parade.
Not Guilty American Fruit Grower in Tampico
W C Nichols an American fruit grower was today declared not guilty by the supreme court of murder charges in Tampico Mexico. He had been jailed after allegedly killing a bandit he captured while en route to jail and was reportedly released last September after Ambassador Wigon pressed the Tamaulipas governor.
MENTIONED IN THIS ARTICLE
Tampico
Mexico
W. C. Nichols
Wigon
Tamaulipas
Supreme Court
Nichols
Jal
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Thiahn, Laeh & Hesari
Bond House
Banks
Issa
Chenep
Tracy
Bumbiy
Paris
Cambrics
Czar
Tennessee
Grand Duke
Macon
Macon Union Station
Ween
Atlanta Terminal Station
CITY
Cherry Street
Bank
Georgia
Tor “Horlick
Chamberlin-Johnson-DuBose Co
Silk Sox
Chamberlin-Johnson-DuBosc Company
Newapap