Week's News Record Highlights Big Finances and Tragedies
The week reports Chicago and Milwaukee Electric railway placed in receivership over high finance allegations. Notable deaths include Dr Nicholas Senn famed as Chicago's Fighting Doctor. Rockefeller's Chicago gift totals 2,191,000. Canadian mint opens in Ottawa with new coinage. a series of fires and blasts cause destruction and injuries. Police and legal actions span from Blue laws upheld in Nebraska to bomb and shooting incidents in New York and Kentucky.
MENTIONED IN THIS ARTICLE
Chicago and Milwaukee Electric Railway
Nicholas Senn
Pritchard
Richmond
Seaboard Air Line Railroad
W. R. Beauier
Stallettsville
Texas
Herald
Cumberland Presbyterian Church
Coal Center
Lamar Jackson
Atoka
Okla
United States Military Academy of
West T’oint
Charles D. Carter
Ottawa
Ont
Lord Grey
Rochester Fireworks Company
Rochester
N. Y
Sadie Ernst
Lillian O'Conner
May Calligan
Black Hand Society
East Eleventh Street
New York
Douglas County
Neb
Supreme Court
Taft Speaks in Boston Dinner Speech Targets Wall Street
Secretary Taft at a Boston dinner defends Roosevelt policies on dishonest corporations and criticizes rich enemies targeting the President. He cites panic causes, calls for honest business, rejects government ownership of interstate railways, and warns against central government power.
MENTIONED IN THIS ARTICLE
Merchants and Manufacturers’ Association of Boston
Taft
Roosevelt
Wall Street
Yellow Races Unite Warn of World Change
Capt Richmond Vearson Hobson, Alabama representative, argues the world is shifting toward a yellow-white clash. He warns Japan unites China to prepare for war, stirs unrest in India, and claims white naval power must hold the sea to preserve supremacy and civilization while a rising yellow wave moves toward America.
MENTIONED IN THIS ARTICLE
Richmond Vearson Hobson
Congress
Alabama
Japan
India
Russia
America
Pacific Ocean
Nobel Prize Award Heads to Kipling in Literature
The Nobel prizes were announced with Rudyard Kipling winning the literature prize. A wide range of global events are reported including a Canadian railroad treasurer confessing to $185,000 embezzlement over eighteen years and diplomatic shifts as Ambassador Bryce may quit his post. Reports note Richard Miller of St. Louis praised in France with a painting bought by the Minister of Fine Arts.
MENTIONED IN THIS ARTICLE
Rudyard Kipling
London
Bryce May
Richard Miller
St. Louis
France
Minister of Fine Arts
Wealth and growth show the United States as richest nation
A Washington summary highlights dramatic gains from 1870 to 1907. Per capita wealth rose from 770.83 to 1310.11 dollars, while total wealth, bank deposits, and national debt shifts reflect a booming economy. Trade, production, and government finances improved alongside farm values and infrastructure.
MENTIONED IN THIS ARTICLE
Sam
Croesus
Lydia
Bureau of Statistics
Census Bureau
Treasury and Agricultural Department
Willam E. Curtis
Washington
United States
Isto
Wot
Treasury
Washimetem
Department
Soverehei TG
Wilsom Im Lismevat
Ist
Great Lakes
Sault Ste. Marie Canal
INC
Beime
Brea
Kentucky Tobacco War Night Riders Strike Hopkinsville
Kentucky tobacco war escalates as night riders seize Hopkinsville causing heavy property damage and injuring two men. The actions are part of a campaign by tobacco growers opposing the American Tobacco Company to force higher leaf prices through withholding crops and terror. Authorities report multiple raids across Todd, Lyon, and Caldwell Counties with barns burned and factories damaged, totaling near a million dollars in losses.
MENTIONED IN THIS ARTICLE
Kentucky Tobacco
Hopkinsville
Kentucky
American Tobacco Company
Srowers
Tobacco Trust
Tobacco Company
Princeton
Frei
Sterer & Dollar
John C. Orr Tobacco
Trust
Todd County
Eddyville
Kattawa
Lion
Calwell
American Snuff Company
M. C. Rice
Japan Sets Plan to Limit Emigration to America
United States Ambassador O'Brien and Japan's Foreign Minister Hayashi in Tokio discuss a plan to limit emigration to students and merchants with means, while prohibiting Japanese laborers from going to the United States. The agreement, accepted provisionally by O'Brien, would be tightly supervised by Japanese authorities under Hayashi's control to avoid upsetting a friendly government.
MENTIONED IN THIS ARTICLE
America
United States
O'Brien
Hayashi
Tokio
O Brien
Treaties of Latin Nations Near Final Signature
Washington hosts Central American peace talks as delegates prepare to sign seven treaties. A permanent court will be established plus extradition provisions a pedagogical institution a Central American bureau a financial agreement improved communications and a general peace and amity treaty.
MENTIONED IN THIS ARTICLE
Washington
Central America
Bureau of American Republics
Brownsville Duty Discharge Case Reaches Supreme Court
Oscar W. Reid, a Brownsville incident veteran discharged without honor, files suit in the Southern District of New York to test President Roosevelt’s power to remove soldiers on duty without honor. The case seeks swift elevation to the Supreme Court to settle the conflict over military discharge authority.
MENTIONED IN THIS ARTICLE
Brownville
Roosevelt
Negvo
Brownsville
Texas
Supreme Court of the United States
Oscar W. Reid
United States Court For
Southern District of New York
Chicago Business Quietly Improves Into New Year
Dun's Review notes year end preparations and rising Christmas trade in Chicago with closer to normal banking conditions. Exchange with New York smooth, discounts lower though 7 percent. Manufacturing trims output while pig iron and structural steel inquiries improve. rail and wire mills book ahead. District failures fall to 22 with seven liabilities over 5000.
MENTIONED IN THIS ARTICLE
New York
Chicago
Dun
Review of Trade
New York Trade Quiet as Year End Disbursements Press
Trade overall is quiet and industry slackens while finance eases except New York where large year end disbursements weigh on finances. Mild weather dampens retail sales of seasonal goods and January reductions occur early in some cities. Wholesale and jobbing demand wanes with many requests to delay shipments. Business failures reach 246 in the US for the week ending Dec 26, with Canada at 30, reflecting a softer post holiday period.
MENTIONED IN THIS ARTICLE
The
New York Tribune
Edward G. Andrews
Methodist Episcopal Church
Brooklyn
N. Y
Home and Foreign Mission Boards
San Francisco
Bishop Andrews
United States
New York
Wesleyan College
Cazenovia Academy
Ile
Andrews
Alfonso
Barcelona
Joe Davidson
Robert Evans
Beattyville
Davidson
Evans
Tradstreet
Nationwide Livestock and Grain Price Averages Reported
The bulletin lists cattle hogs and sheep prices across U S cities including Chicago Indianapolis St Louis Cincinnati Detroit Milwaukee Buffalo New York and Toledo with bids ranging from common to prime and varying grades for wheat corn oats rye and other staples. Notable figures include Chicago hogs 4.00 to 4.85 and New York cattle 4.90 to 5.80 with wheat near 1.03 to 1.04 per bushel.
MENTIONED IN THIS ARTICLE
Chicago
Indianapolis
Ste. St. Louis
Cincinnati
St.25
Ste. Detroit
Milwaukee
Northern
New York
Texas Attorney General Davis seeks third term
Attorney General Davis of Texas after a Dallas conference announced his plan to run a third term on the anti Marley issue. The report notes a political maneuver amid national labor and civic federation developments.
MENTIONED IN THIS ARTICLE
Davis
Texas
Dallas
Jesse Farlow
Pollock
Cape Cod
Seth Low
Columbia University
National
Civic Fidderation
August Belmont
New York
Admiral Dewey
Washington, Il
W. A. Clark
Montana
Lutte
Rocky Mountain Bell Telephone Company
National Board of Arbitration
Indianapolis
Also Mentioned on This Page
Bessemer Herald
Shirman & Hand
Blssemer, Michigan
Bell Telephone
Manitoba
Legislative High
Treasury of
Missouri
Wilder
Norway
Boston
Hobson
Ita
William E. Curtis
Wight
Treaties OF
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