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This newspaper page contains 8 articles. Subscribers can read the full text of each article.
Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
May 05, 1905
Page
6
The House passed the Walker amendment restricting stock issuance to an amount the railroad commissioners deem consistent with the public interest. This removes ambiguity from the merger bill and assures no radical departure from the Commonwealth's capitalization policy.
The Worm at Bay in Philadelphia reports Mayor Weaver opposing a 75 year private gas works lease to United Gas Improvement Company. It details alleged bribery among bidders, with names like Thomas Dolan Clement Griscom and P A B Widener named in the high finance circle.
The article argues for national supervision of insurance, citing the Equitable scandal and Roosevelt's proposal. It notes 600000 policyholders with minimal New York linkage, most outside the state, and calls for laws to empower a federalized oversight beyond local jurisdictions. It compares insurance to note issuing banks in needing national reform.
A stray bull terrier disrupted a vocal recital at Steinert Hall as it wandered the aisles during a French chanson. The dog’s clatter nearly interrupted the performance, while other items report local arts events and civic notes.
Governor Douglas plans a long awaited report next week on the Fall River strike. It is believed the document will offer little immediate wage impact but may yield valuable cost insights for cotton manufacturing. An auditor chosen by the Governor studied mill books to illuminate labor costs in the dispute.
Representative Luce of Somerville introduces a bill in the Legislature demanding a thorough inquiry by railroad commissioners into possible dealings of the New York New Haven and Hartford Railroad with Massachusetts trolley lines. The attorney general’s replies prompted the move to determine if laws were violated and to authorize prosecution if warranted.
The railway merger bill has taken many forms during its progress through the Legislature. It shows varied aspects and evolving language as it moves toward final consideration.
The detective stops a runaway cab, pays the cabby for a slip, and proceeds with an investigation at the Porkenlard mansion. He views Agatha Porkenlard's room, notes a portrait described as a speaking likeness, and eyes a clue found on the floor as the search continues.
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