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Newspaper
Brandon News
Location
Brandon, Mississippi, United States of America
Date
Dec 05, 1907
Page
8
Secretary Cortelyou announced final allotments for the one year certificates indicating most allotments go to national banks that will take out circulation and may surrender before maturity. Estimated total allotments near 25 million dollars with interest costs around 525 thousand dollars, equating to roughly two thirds of a cent per capita.
President Roosevelt expressed strong opposition to an asset currency bill and would veto the Fowler bill if it reached him. He favors an emergency currency con traction approach with high taxes on currency issues, prefers not to enact a formal administration bill, and hints at broad currency principles. Some lawmakers expect support for government deposit guarantees and expanded security lists behind notes.
Justice Brewer spoke at Mount Pleasant Congregational Church on Our National Opportunities stressing Christianity uplifting the masses and immigrant integration into American institutions. He warned against power of financiers and labor dictates, urging protection for all social strata. New Orleans Grand Jury charge noted newspapers publishing tips on races and the mail scheme to obtain money, indictable if paid for.
Tax notes discuss Tennessee currency notes as potential circulation and tax implications, noting a 10 percent tax on nonbank notes used for circulation. A House Democrat proposes a bill to curb minority leader’s committee-assignment privileges, challenging Speaker Cannon. Roosevelt Thanksgiving itinerary includes Madison home visit and a White House dinner.
The discussion notes it is unlikely any exclusion legislation will pass the executive before testing the efficiency of new Japanese emigration regulations. State Department advices indicate Japan aligns with U S wishes and that those regulations should be tested before any law is proposed.
Ambassador Creel wired Governor Sanchez of Chihuahua recommending commutation for Dr. Charles S. Harle William Mitchell and Leslie Hulbert condemned to be shot to twenty years imprisonment amid a mother's tears and pleadings.
The financial situation has brightened enough that the Treasury may not issue all Government certificates. The Panama Canal Commission’s annual report was made public recently. President Roosevelt will host a dinner for men who accompanied him on the Louisiana hunt.
The Democrats have pressed for expanded representation on House committees to boost influence and oversight. The move signals a push for parity with the governing party in key panels and decision making.
Treasury Department states it will not float more than 35 million dollars of the new government certificates. The pledge aims to limit issuance and stabilize funds while supporting fiscal policy.
The article argues Mississippi should hold cotton to support higher home prices amid Wall Street turmoil. It cites Crystal Springs truck crop data for 1907, praises local farming gains, and details a planned Mississippi Texas State Fair homecoming with rail support. It notes trucking centers forming in Centreville Gloster and warns against dependence on cotton alone. It also highlights corn club success in Holmes and Winston counties and favors adopting hempless cotton and broader agricultural development.
Inland Waterways Commission weighs restoring navigation on the Mississippi and other U S waterways. Miss Edith Root, daughter of the Secretary of State, marries in Washington.
Memphis Tennessee reports Will Hendricks a Danish plumber who arrived years ago perished in an abandoned well after inhaling carbolic acid gas. Co workers pulled him from the shaft but he had already succumbed to the fumes. In other news Speaker Cannon assigns committees for the new Congress.
In Williamsburg two football games ended in chaos as six players were badly hurt. Police intervened with clubs to break up fighting between church society teams and their rivals from Roman Catholic shares. Two teams from each side clashed on adjacent fields before order was restored. all injured are expected to recover.
Panic receded as New York currency premiums fall from 7-8 to 5-8 of one per cent amid payroll cash demand. A major savings bank allows withdrawals on long notice. Gold imports surge since stringency, with $89 million imported and $1.5 million in U S gold coin from Mexico received by the subtreasury.
In New York, James J. Hill argues the country needs a rest cure to heal distrust and tight mercantile credit. He notes people hold money and issue checks, merchants dislike the situation, and the economy risks returning to a paper basis akin to the post Civil War era.
In Chicago Governor Deneen is added as an ex officio Illinois Central director in an amended bill of complaint restraining the voting of 281000 shares at the postponed officers election. Judge Ball granted the amendment on H W Leman's motion, noting Gov Deneen's name was omitted by error.
Thanksgiving Day was celebrated by 10,000 Americans living in the capital with turkey dinners at clubs cafes and hotels. The day ended with a charity ball at Orrins Theatre attended by President Diaz cabinet diplomats and foreign colony elites. The event raised over 25000 dollars for the American hospital here.
The Japanese consulate at San Francisco transferred Ki saburo Uyeno to Sydney last spring. He served six years as consul and would normally have returned to Japan on leave sooner. The embassy notes the move signals higher importance for San Francisco, with its upgrading to a consulate general.
A Cody Wyoming telephone message reports nearly the entire business district of town destroyed by fire. Estimated loss stands around 100000 dollars.
Renewed activity is noted among the so called Hughes boomers in New York politics. John Philip Sousa is seriously ill in Chicago due to ptomaine poisoning. The Christian Endeavor Union of Washington launches a crusade to restore the motto In God We Trust on coins.
General Leon Jastremski died early Saturday at 2 05 AM surrounded by family after a stroke of paralysis struck during the Louisiana governor race. He refused medical exams despite warning signs and continued campaigning until the illness worsened, receiving last rites as he lingered for a week with alternating rallies and sinking spells.
Justice David J Brewer of the U S Supreme Court spoke at Mount Pleasant Congregational Church on Our National Opportunities. He emphasized Christianity lifting the masses and integrating immigrants with American institutions, and warned against undue influence from financiers, corporations, and labor groups that could crush the individual.
A pistol battle at the Sixth and Alice streets park in Oakland involved a deputy sheriff, a special policeman, a China man named Wong Leone, and four white men. Fifty shots were fired. Special Policeman D. G. Murdock and W. D. Ryan, and Wong Leone were wounded. Onyng is mortally wounded and remaining in hospital with nine bullet wounds.
W. J. Bryan argued publicly in Washington for greater publicity of campaign contributions. The speech emphasized disclosure norms and political finance transparency across parties.
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