07 Jan 1896
Page 1
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 07, 1896
Page
1
A group of Harvard professors voices a strenuous plea to uphold Moures Doctrine, arguing that its principles must guide current policy. They urge lawmakers to respect established doctrine amidst public debate and cite academic authority to support their stance.
Harvard students and professors debated President Cleveland's Venezuelan policy with Theodore Roosevelt defending the Monroe doctrine in a Crimson letter. Roosevelt argues England’s stance is unacceptable and calls for direct action if arbitration fails. The exchange reflects tensions over U S foreign policy and Harvard influence on Congress. Separately, a warehouse fire damaged stock intended for Christmas trade, with insurance settlements completed. goods from Vienna and Paris offered at unprecedented prices by E S Goulston & Co.
A Boston scene reports the government 100 million dollar popular loan with initial stock gains fading as traders doubt the ability to secure gold from Morgan syndicates. Bankers weigh timing and demand, some predicting over subscription while others warn of price drops if demand wanes. The piece reflects public finance tension and patriotism driving gold redemption.
Washington circles express relief as the administration outlines its bond selling stance. Republicans view the move as a practical triumph for the party, while others fear the Morgan Belmont syndicate may still secure bonds. Congress debates low rate, short time bonds and fiscal remedies to pay off debt.
London dispatch notes The Daily News urges American subscriptions to a new United States loan saying it faces greater challenges than last February. It warns the nation risks a silver basis and criticizes Congress for needing more finance lessons while President Cleveland recognizes the gravity.
Secretary Morton weighs opening Richford Vermont as a port of entry and Boston as a port of export for Canadian cattle. Boston Chamber of Commerce secretary Elwyn Preston and veterinarian Dr. Austin Peters lead a Boston delegation with Senator Proctor and Assistant Secretary Hamlin backing the plan.
British ambassador Sir Julian Pauncefote met at the Post Office Department in Washington to present a proposal from the British Post Master General for negotiating a parcel post convention with the United States. Germany France Belgium and Italy have earlier moved toward a similar service. The department will study the matter.
Theodore Roosevelt argues Harvard graduates should press Senators and Congressmen to uphold the Monroe Doctrine, backing the President and Secretary of State on Venezuela. He defends the stance as essential to national honor and international peace, condemning appeasement and calls for a strong Navy.
Foreman Sykes and Engineer Paige were discharged from the Deer Island metropolitan sewer project. Paiges account sparks rumors a body sent to Undertaker Jones’s may be that of a prisoner who died from ill usage. Doctors confirm the body was that of a woman who died of natural causes in hospital.
The Hoisting and Portable Engineers decry the discharge of Engineer G H Paige at Deer Island and at last night's meeting voted to investigate the matter. A committee will confer with Mayor Quincy to press the inquiry.
William J. Creasey secretary of the Newburyport Board of Trade writes in praise of The Post Boston daily and Sunday calling it the shapest, cleanest, fairest, and cheapest journal. He says editorial content is sharp and for the people and predicts continued popularity due to its aim for the right. January 3.
Revelations promise criminal actions and civil suits by the city to recover funds alleged paid for unworked labor and unused material. The libel case ended without press, while a citizens committee vows to pursue indictments and mayoral action to reimburse millions.
At a Boston aldermanic session Alderman Charles demanded 1000 printed copies of the Peabody trial testimony at city expense to expose alleged suppression. Opponents warned of costs. the order was referred to the streets and sewers committee amid accusations of attempts to bury the matter.
In open court on Jan 6 1896 District Attorney Oliver Stevens announced an agreement with the defendant and the alleged libellee to drop the prosecution. Judge Gaskill asked for the defendant’s consent and Moorfield Storey affirmed, noting a public confession via the DA is better than a jury verdict. Jurors were dismissed from service.
Lawyer Peabody told a postman that criminal proceedings would likely follow a case in which money was stolen from the city. He cited flawed school wall and stone work contracts at the Thomas N. Hart School in East Boston as examples of overcharges and inflated costs that suggest public funds were misused and should be pursued for recovery.
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