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Newspaper
Bridgeport Evening Farmer
Location
Bridgeport, Connecticut, United States of America
Date
Jun 17, 1909
Page
7
The Taft recommendation urges a 2 percent tax on undistributed corporate nets to bolster health of corporations and share values. Debate centers on retroactivity, whether reserves or bank profits would be taxed, impact on shareholders, and potential delays or evasion tactics. The issue touches on amendments, court rulings, and responses from senators and tobacco sector mentions in Connecticut.
A historical note credits Congressman Hill with favoring free trade in Philippine tobacco, suggesting tariff-free exchange of Philippine fillers and Connecticut wrappers to aid growers and cigar makers in both nations. It comments on party politics, competition fears, and ends with a promotion of Williams' Root Beer as a unifying favorite.
The State Board of Health Bulletin urges strict inspection of the milk supply during hot months. It warns milk often lacks fat, is watered, old, or heavily contaminated with bacteria and sometimes linked to typhoid fever. It cites ignorance and carelessness as causes and notes inequities in distribution harms customers.
A Metropolitan Life Insurance Company report highlights a decade of reduced expense ratios and growing bonuses for policy-holders. In ten years the firm cut expenses by 15 percent overall and 5 percent in five years in the Industrial Department, with three and a half million dollars saved. Benefits rise 10 percent on in force policies since 1907, and pre-1907 policies receive 8 percent annual bonuses for five years, with increased death-claim protections. The piece frames these as substantial, though not promised, gains totaling eighteen million dollars in the Industrial Department over sixteen years.
Chicago June 17 William Jennings Bryan spoke on Illinois politics in a Congress Hotel room. Visitors included Roger C Sullivan and Charles Boeschenstein with Urey Woodson. Bryan said he will not run for U S Senator from Nebraska and criticized Democrats for voting higher tariff on lumber and iron. He argued they erred but compared to Republicans for other duties.
Rome June 17 Archbishop Farley of New York along with Bishops Hoban Burke visited the Pope in private audience. The exchange included a joke about a baseball game at Castel Gandolfo and Farley noting he pitched the first ball. The Pope asked about Mr Kennedy and remarked on his American College role.
Rev. Augustin Langcake a long serving Jesuit and educator dies at St. Vincent's Hospital at seventy six. Born in London August 25 1832 he came to America early and was ordained in 1860s. He taught in Jesuit colleges and pastored St Mary's Boston and St Francis Xavier's New York after 1900.
Greenwich Probate Court allowed the final account in the estate of Alfred H. Peats. After expenses and a $5,000 legacy, $220,172.89 remains for distribution per the will. Bequests: one third to Genevieve Peats widow, one third to Francis Welden Peats, and the balance to his children. Deer roam with cattle on Beecher farm near Shelton and sleep in barnyard. Emma Crozier, 15, escaped Greenwich Hospital, slept under a tree, later taken to hospital. Darien fines for dog delinquents range from $1 to $3 plus costs. Danbury pastor Alfred Cardall resigns to accept call in Orange, Massachusetts.
A fragmented list of New York wholesale prices for butter fruits poultry and vegetables. Entries include creamery and state dairy butter, apples cherries strawberries potatoes asparagus lettuce radishes rhubarb cucumbers mushrooms and various poultry products with assorted per unit and per measure prices.
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