Aldrich bill expands emergency currency provisions
Washington report on the Aldrich financial bill outlines amendments to speed currency issuance and broaden security for notes. It details new Treasury approval roles, distribution rules by state, higher note limits, and acceptance of municipal and railroad bonds as collateral.
MENTIONED IN THIS ARTICLE
Washington
Aldrich Financial
Committee On Finance
Senate
Aldrich
Secretary of the Treasury
National Banking Association
National Banking Associations
United States
Misuse of Money in Battle Ship Cruise Session
The House session featured an attack on the administration over alleged misused funds tied to the battle ship cruise. The debate centered on financial handling and accountability during the naval voyage.
Forest Conservation Attended by Over 500 Delegates
In the annual meeting of the American Forestry Association upwards of five hundred delegates gather to discuss forest conservation efforts and related policy goals.
MENTIONED IN THIS ARTICLE
American Forestry Association
Merchant Marine Debate Highlights Naval Aid Shortfall
In the house of representatives the urgent deficient appropriation bill spurred debate on the need for an American merchant marine as naval support. Mr. Littlefield Maine questioned the coal appropriation and urged funds for a merchant fleet while Mr. Fitz Gerald New York and Mr. Sherley Kentucky traded charges over Republican responsibility and the nation’s lacking merchant marine seen as a disgrace.
MENTIONED IN THIS ARTICLE
House of Representatives
Littlefield
Maine
Atlantic
Pacific
Congress
Fitzgeald
New York
Sherley
Kentucky
Urgent Deficiency Bill Passed by House
The urgent deficiency appropriation bill, totaling 23 64 499 dollars, was approved by the house, about 401 000 less than the committee’s report. The largest cut was 300 000 from the army clothing fund. As session resumed only a few pages remained, including a provision to appoint 34 additional policemen for the new house office building, opposed by Mr. Mann and struck out on a point of order after debate.
MENTIONED IN THIS ARTICLE
Offce
Tawney
Mann
Illinois
Chaplain's Prayer Applauded In Bank Panic Relief Plan
House bill by Mr Edwards of Georgia proposes issuing 103,318,984 currency to lend to banks firms and individuals. Loans capped at 10,000 with gilt edged security such as farm lands at 6 percent for three years. Loans to continue until panic relief funds run dry.
MENTIONED IN THIS ARTICLE
Mr. Edwards
Georgia
Secretary of the Treasury
Presidnt
Representative attacks marryings of heiresses to European nobles
In Congress Representative Me Gavin of Illinois denounces the custom of American heiresses marrying European noblemen. He says women sacrifice souls and honor to snobbery and vice, calling New York a daily bargain market from ribbon to flesh. Secretary Root and Ambassador Jusserand sign the Franco American reciprocity under the Dingley act.
MENTIONED IN THIS ARTICLE
Me|Gavin
Illinois
New York
Root
Jusserand
Secretary Cortelyou Reply Laid Before Senate
The reply of Secretary Cortelyou to a Senate resolution requesting Treasury Department details on the recent financial crisis was presented to the Senate by the Vice President. The document outlines the department's information and actions in response to the crisis and was filed as part of ongoing congressional inquiry.
MENTIONED IN THIS ARTICLE
Cortelyou
Senate
Treasury Department
Storm of Protest Over Post Office Ruling on Newspapers
A Post Office Department ruling targeting newspapers provokes strong protest. A movement grows to create a new federal court district in Mississippi. Supreme Court labor decisions loom as issues in the presidential campaign.
MENTIONED IN THIS ARTICLE
Post Office Department
Mississippi
United States Supreme Court
Mississippi Union President Hightower urges crop diversification
President George R. Hightower in a Mississippi Union address outlines a yearly plan to expand membership to 150,000 by 1909, promote crop diversification, reduce cotton acreage, finance distressed cotton, install gin presses at penitentiaries, build federal warehouses, and centralize administration from Oxford. The piece highlights support from Cotton Association head Walter Clarke and a farmer named John W. Haddon proposing a corn club and seed exhibit program to boost farmer engagement and seed quality across counties.
MENTIONED IN THIS ARTICLE
George R. Hightower
State Union
State Senate
Mississippi
Hightower
Farmers’ Educational and Co-operative Union of America
Union
Oxford
Miss
Jackson
John W. Haddon
Harperville
Scott County
Agricultural College
Three days institute strong but with notable losses
The Ridgeland Local Union institute concluded successfully though a principal speaker died days before and another was absent. The event promotes union education as a core tenet and urges expansion of corn club work in Jones County. Superintendent Waldrup plans support, expecting substantial value from increased corn yields.
MENTIONED IN THIS ARTICLE
Ridgeland
Pokoyd
Jones County
Waldrup
Suspension of Two New York Banks‑Morse Heinz Chain
Announcement of the suspension of two New York banks, the New Amsterdam National and the Mechanics and Traders Bank, caused little stir in financial circles. These banks, part of the Morse Heinz chain, faced runs after the North AmericaBank closure and could not meet clearing house certificate allotments as drains continued. Bank examiners took charge, and clearing house refused further credit extensions amid the stringency beginning in October.
MENTIONED IN THIS ARTICLE
Memphis
Tenn
New York
New Amsterdam National Bank
Mechanics’ and Traders’ Bank
Morse-Heinz
National Bank of North America
Clearing House
Big Bond Issue After Morgan Conference in New York
After a Morgan gallery meeting with Mayor McClellan Comptroller Metz and city officials, Metz announced a 50 million bond sale the largest in city history. Bonds will be offered within two weeks at 4 1/2 percent with assurances the entire issue will be bid. Proceeds will fund public improvements.
MENTIONED IN THIS ARTICLE
New York
J. Pierpont Morgan
McClellan
Metz
Rapid Progress in Standard Oil Testimony in Docket
In Washington rapid progress was made in the government suit to annul Standard Oil's corporate existence. Special agent T. C. M. Schindler testified about railroad rates to Standard and independent shippers, noting that before June 1906 railroads serving New England from western Pennsylvania and Ohio refused to prorate on oil and charged local rates.
MENTIONED IN THIS ARTICLE
Washington
Standard Oil Company
T. C. M. Schindler
Bureau of Corporations
Standard
New England
Pennsylvania
Ohio
Negro Farmers Move To Delta Aims In Mississippi
A Delta migration drive is organized by a Negro movement led by Greenville lawyer Jnc F Harris and other prominent Black leaders. The group seeks to relocate Negro farmers and laborers from across the United States to the Mississippi Delta, described as the home of the colored man with better treatment promised. Meetings have occurred and petitions circulate to gather signatures of race leaders, with another gathering planned soon.
MENTIONED IN THIS ARTICLE
Greenville, Miss
Delta
Jnc
Tennessee Railroad War as Rates Face Review
The Tennessee railroad commission orders Presidents M. H. Smith of Louisville & Nashville J. W. Thomas of Nashville, Chattanooga & St Louis and J. T. Harahan of Illinois to appear February 14 to discuss reducing Tennessee passenger rates. They declined voluntary reductions at a conference with Governor Patterson and will pursue court action.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
Tennessee Railroad Commission
M. H. Smith
Louisville & Nashville
J. W. Thomas
Nashville, Chattanooga & St. Louis
J. T. Harahan
Illinois
Tennessee
Patterson
Discrimination Charge Alleges GOP Bias in Administration
Old Line Southern Republicans allege discrimination by the Administration favoring Lily Whites and Democrats. The remark notes that enthusiasm must be paired with hustle to matter in political efforts.
Jury blames Mrs Monroe in Rhodes opera house fire verdict
The Berks County jury assessing the Rhodes opera house disaster that killed 169 persons finds Mrs Monroe and the deputy factory inspector largely responsible for negligence and urges arrest and possible conviction by the prosecuting attorney.
MENTIONED IN THIS ARTICLE
Boyertown
Rhodes Opera House
Fierce cyclone devastates heart of Mississippi killing twelve
A massive cyclone tracked from Hazlehurst through Copiah county causing extensive property damage and at least twelve deaths. Homes, cotton gins, saw mills and stock were destroyed while telegraph lines failed and aid was requested from Wesson. The storm path affected Hazlehurst Georgetown and nearby plantations, with numerous casualties including Ben Martin and many African American residents.
MENTIONED IN THIS ARTICLE
Jackson
Miss
Hazlehurst
Copiah County
Millsaps Place
Illinois Central Railroad
Ben Martin
Bob Middleton
Wesson
G. M. Maddox
Bill Allen
Miss Allen
Liquidation Decided For State National Bank of New Orleans
New Orleans reports stockholders voted to liquidate the nearly century old State National Bank of New Orleans amid heavy withdrawals following the resignation of President William Adler and a receivership at a large grocery firm he led. Six liquidators were elected and took charge of the bank.
MENTIONED IN THIS ARTICLE
New Orleans
State National Bank of
William Adler
State National Bank
Also Mentioned on This Page
Democrats
New Mexico
Interstate Commerce Commission
Forestry Association
Walter Clarke
The
Cotton Association
Southern Cotton Association
South
Clark
A. & M. College
Tennessee Railroad
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