Walsh Favours String Bill In New Haven Stock Deal
Governor Walsh met with Thomas W. Gregory from the federal Justice Department to discuss the New Haven matter and the agreement that alters the terms for selling Boston and Maine stock.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Aug 14, 1914
Page
3
Governor Walsh met with Thomas W. Gregory from the federal Justice Department to discuss the New Haven matter and the agreement that alters the terms for selling Boston and Maine stock.
After the conference the Governor expressed satisfaction with the agreement while stating he would have preferred the string bill as passed by the last Legislature. He indicated opposition to New Haven plans to ask the next Legislature to relinquish the state’s right to take over stock after trustees sell it. Gregory discussed the Boston & Maine situation with New Haven officials and with former Chief Justice Snowlton, now board chairman, as stock transfers to the holding company are arranged. The agreement outlines terms for the Boston & Maine stock adjudication and related petition and answer details.
The Sherman Act violation requires partition of the Boston and Maine by January 1, 1917 unless extended. If by July 1, 1915 the New Haven and Massachusetts Legislature agree on a satisfactory plan, the court will adopt it. Otherwise the court will determine terms. The New Haven must proxy to agreed liquidators to vote its stock. Massachusetts stockholders rose to 571,009 shares in 1914 from 570,166 in 1913, with 12,214 stockholders.
Dorchester High School teachers Grace W Ripley and Ada lena Farmer report safety from Lucerne Switzerland. Grace E Lingham from Mather School District arrives in London. James M McLaughlin director of music returns to Boston after England tour. The department lists other teachers in England or on the continent and believes they are safe.
Arlington sculptor Cyrus Dallin finished the plaster mold for The Scout a statue showing a warlike Indian on horseback shading his eyes toward the horizon. The figure stands over ten feet high with the Indian alone eight feet tall. The work began in his studio after a summer of labor.
In Kansas City at Swedish Hospital, Tillie Rolfe 29 lies wounded near the operating room as her husband John Rolfe 40, a Randolph Kan farmer, enters against her plea. Five shots ring out. Tillie dies an hour later while John lies fatally wounded, the doctors say.
Dr and Mrs Rodolphus C Sargent announce their daughter Mrs Augustus Duncan, long time Paris resident, has arrived safely in England with husband and son after leaving Paris just before war declaration. Other Medford names in London include Mr and Mrs Raymond A Suits and Misses Clara and Gwendolyn Livermore. Louise Washburn of Oakland Street and Bertha L Schraft with husband George F Schraft are also reported safe in London. the Schrafts sought State Department help to pass through France.
A vehicle was seized from travelers at Dieppe as the French government took possession of the car, prompting a tense moment at the coastal town.
Congressional leaders planned quick action to raise internal revenue by 100 million dollars to offset expected curtailment of customs revenue during the European war. Senator Simmons and Representative Underwood opened a conference with Secretary McAdoo to continue. The matter will be laid before President Wilson.
The discussion favored confining increases to internal revenue taxes and not altering customs duties. An extra liquor tax was proposed, possibly doubling the current beer tax of $1 per barrel. Talk also covered higher taxes on tobacco proprietary medicines and other items, with Senators Simmons and Representative Underwood expressing approval.
Senator Simmons states there is no treasury deficit but urges action to maintain public confidence in government finances. Mr Underwood notes surplus could cover reduced customs revenue but European recovery will take time to normalize trade relations.
In St Johns Newfoundland, August 13, a large public meeting led by Governor Walter Davidson approved sending 600 land service troops to Britain, boosting naval reserve to 1000 and forming a 500 man auxiliary defense force. Enrollment starts immediately as youth respond rapidly.
Rome Aug 13 The Messaggero reports the Italian ambassador to the United States Marquis Cusani Confalonieri will return to Washington with instructions to cooperate with President Wilson on mediation in the European war tied to the American offer.
The Cunard liner Laconia altered its destination from Boston to New York after leaving Liverpool, as company officials cite better protection from hostile warships for English vessels approaching New York Harbor.
The Laconia now at sea carries 1716 passengers with 622 in first class 471 in second and 723 in steerage most of them Bostonians fleeing Europe. A wireless instruction altered course mid ocean though initial belief was Boston docking. Cunard expects Franconia from Boston to reach Liverpool by Sunday or Monday, return trip set for Aug 18 arriving Aug 27.
A second ship will depart Liverpool around the same time to repatriate American tourists from the war zones. Arcadia of the Royal Mail Steam Packet Company will sail for New York on August 17.
Hearing over Frank B. Kendrick's petition to revoke a guardianship ended in an out of court settlement. A decree revoked the guardianship on grounds Kendrick is not insane, with Perley R. Bugbee named conservator. Mrs Kendrick agreed to a $12,000 settlement in lieu of further alimony or claims.
Boston marine insurers say a Thai German steamship Schneefels carrying one of the port’s richest oriental cargoes has fallen to British warships. Contact since July 28 has yielded no word or location due to failed cable and telegraph communications.
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