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Newspaper
Bessemer Herald
Location
Bessemer, Michigan, United States of America
Date
Dec 21, 1907
Page
6
The week’s events note that both Cullman and Walker counties in Alabama voted for prohibition. Other items include international diplomacy, finance and industry updates, and notable statements from leaders such as Roosevelt and Bristol.
Surviving Civil War volunteer officers urge Congress to enact half pay for life through a volunteer retired list. A naval officer group plans a measure acceptable to Navy and Marine Corps, citing past precedents and arguing naval volunteers were historically excluded. Circulars to all surviving volunteer naval officers seek active support, noting a repeated pattern of excluding naval volunteers from benefits.
Mars Collier's Weekly cites the board of fire underwriters warning that skyscrapers risk a top floor blaze leaping across canyons, threatening New York and other cities. A devastating fire could cost one to two billion dollars, with panics straining streets and infrastructure beyond capacity.
The London labor party backs old age pensions while Santa Cruz musicians form a union. Seattle labor advances a coal mine plan and Springfield miners seek a new weighing board. San Francisco builders discuss a three year wage scale. Scranton plans a Sagean temple for trades unions. Denver engineers report higher wages and a prosperous trade. US coal mining deaths reach 24 831 with 47 0 injuries in 1940. New York women urged to organize for equal pay, Wilkes Barre starts a beef packer boycott, Springfield Federation of Labor moves into politics, Winniper Manitoba carpenters boast three members over 36 years totaling 110 years of service.
The Philadelphia Mint operates at full capacity as demand soars for gold coins and small denomination silver pieces. Secretary Corteliou notes planning for 50 000 dollars in $50 gold pieces over three months, with $40 million bullion already stored and more incoming. New machinery tested, 46 star eagle edge, no motto In God We Trust, and bullion delivered by express.
The Chicago Woman's Club led by president Mrs I S Blackwelder and reform chair Mrs Ellen M Henderson launches a crusade to curb Christmas gift giving. They call the practice pernicious and a sign of degeneracy in Americans, urging a genuine day of joy.
Discussion centers on Thomas L Burt's Independent proposal for a 300 day school year with sessions of three to six hours. Support cites steady development and reduced summer idleness, with higher teacher pay. Also noted is Boston Public School revisions focusing on English, practical arithmetic, geography, health, hygiene, and a three year industrial program for sixth graders under Principal Gibson. University of Kansas teaching fellowships, a $100000 gift to Columbia University for an animal kindness foundation, and a College de France endorsement of Esperant o as an international language are mentioned.
Secretary Cortelyou urges immediate remedial legislation to reorganize the national monetary system to prevent disasters in trade and labor. He notes banks and individuals hoarded money during crises, cites government fund deposits to avert bank failures, and reports a fiscal year surplus of 84.24 million. He contrasts rising interest with cash shortages and outlines Treasury assets and circulating money per capita.
Dun's Review notes higher bank payment volumes and fewer failures in the Chicago district. Readjustment in finances and manufacturing gains a firmer basis for future operations as ample reserves appear and price declines ease. Primary material costs fall for hides wool and iron lumber leather amid cautious liquidation.
New York reports slow overall trade with gains in finance and cautious reactivations of canceled orders. Some renewed buying for quick shipment appears among jobbers and seasonal demand picks up in the Northwest and South. US business failures for the week ending Dec 5 total 672, down from 758 last week and comparing unfavorably to 216 in 1906 and 203 in 1905. Canada shows 26 failures for the week, down from 46 prior week and 32 a year ago.
Prices for cattle hogs sheep wheat corn oats rye and rainfed crops across Chicago Indianapolis St Louis Cincinnati Detroit Milwaukee Buffalo New York Toledo with ranges for each city and quality level including prime fair common No. 2 and No. 3 grades. notable items include butter eggs clover seed and pork prices.
John D. Rockefeller adds 2.6 million to the 1.2 million he previously gave to the Rockefeller Institute for Medical Research securing a permanent endowment of about 100000 per year. He expressed gratification with the institute's progress since its 1901 opening and left discretion on income usage to the directors.
Five trained Belgian police dogs join the New York police to aid investigations and public safety. The addition comes as authorities expand canine units to bolster urban policing efforts.
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