Nature limit on big trusts
Otto H Kuhn of Kuhn Loeb & Co. testified on the limits of centralized finance. He said that when an aggregation of roads becomes so large that one man cannot manage it, even a genius cannot maintain economic value.
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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Mar 08, 1910
Page
5
Otto H Kuhn of Kuhn Loeb & Co. testified on the limits of centralized finance. He said that when an aggregation of roads becomes so large that one man cannot manage it, even a genius cannot maintain economic value.
Joseph Greenberg, 22, held up his mother at pistol point in New York on March 7 and stole four diamond rings and a wedding ring valued at $900. Mrs Greenberg collapsed. the assailant fled.
Jacob Shusterman a 24 year old blacksmith of 89 Barton Street West End was badly burned in an explosion while attempting to hasten the fire by pouring gasoline on the coals and is dying at Cambridge Relief Hospital.
Rutland vt March 7 For the second time within five months Robert Eddy of Wallingford 21 is tried for his life on the murder charge in the strangling of 67 year old Mrs Mary J Johnson found dead at her home October 9
London dispatch reports the derelict linked to the Ionian collision may be the Prins Willem II. The Dutch merchant steamer left Amsterdam January 21 for West Indian ports with 14 passengers and 38 crew aboard.
A Philadelphia man testifies that Dr Williams Pink Pills cured his severe rheumatism after years of pain. The ad claims the pills build up blood to expel poisons through elimination channels and prevent future attacks. They are sold by druggists for 50 cents per box. six boxes cost 2.50 with a booklet available on request.
Reserve Officer John J. O'Brien of Station 12 was beaten near to death by a gang in a barroom at Eighth and Knowlton streets. He intervened to save a bartender choking on the floor. Ahearn is sought as ringleader. O'Brien received medical care at Station 12.
A sequence of incident records notes times and locations on Webster Street East Boston Burroughs Place and Massachusetts Avenue with listed losses for Samuel Brown 25 dollars William M Savage 10 dollars F Bunker 10 dollars and Harry Brakian no loss described.
The City Council passed an order asking the Finance Commission not to publish its report or recommendations until the council has them at a regular meeting. Councilor Attridge led a measure to raise pay for matrons in the city prison. The council also moved to fund a playground in Ward 5 Charlestown and to permit baseball at North End Park. An extra $5000 was approved for a new fireboat.
The J. G. Small Company unveiled its remodeled three floor store at 625 Washington Street Boston drawing large crowds. The third floor houses lingerie dresses skirts coats and furs while the first floor features trimmed millinery and chanteeler hats. Officers J. G. Small president William Macaulay vice president and William A. Brewer treasurer announced the venture and welcomed congratulating guests.
Georgetown March 7 A representative gathering of noted people from Boston stayed at the Baldpate Inn. The party included President Lowell of Harvard and Mrs Lowell Joseph Lee of the Boston School Board John F Moors of the Boston Finance Commission Charles Cummings and Mrs Cummings Ellery Sedgwick of the Atlantic Monthly Frances Curtis of the State Board of Charity Harriet Curtis golf star Miss Paine daughter of Robert Treat Paine Mr and Mrs Cunningham Miss Knapp Miss Coolidge and Miss Tyson.
Boston Lodge No. 34 Loyal Order of Moose officers will visit Salem for a second degree ceremony with many Salem lodge candidates. The group plans its annual ball at Intercolonial Hall on April 1, drawing attendees from across the country. Committee: Arthur W. Hayden dictator Samuel Dandry vice-dictator James Griffin past dictator S H Verity organizer W H Henderson prelate.
In Massachusetts nearly two thirds of 321 towns held elections yesterday. License forces garnered broad gains with 1054 to 631 in totals. Town results included Hopedale electing selectmen B A Darling LL E Gaskill and S BE Kelloy with 97 No 6 Yes on license. Sharon backed a long sought High School and Arlington saw unusually small voter totals.
Across the county towns verdicts shifted on liquor licenses with Middlefield Amherst Florida and Greenfield voting wet while Winchendon Shelburne held no license. Fram ingham Revere Dedham Watertown Wakefield Stoneham Milton Methuen and Milford also posted notable results with several towns switching or defending license positions tied to local contests for town offices and boards.
Mae Wood, widow of ex Senator Thomas C. Platt, of New York, exclaims Thank God upon learning of his death and vows to continue her fight to the end. The remarks were reported from Julesburg, Colorado, on March 7.
In Nice on March 7 Dr. Doyen a French scientist and Captain Van Langendonck of the Belgian army fought a duel. At the second attack Doyen pricked the captain's right forearm. The duellists were reconciled.
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