Relief of stringency bill in senate to hold bonds
Senator Tillman introduces a measure allowing bond holders to deposit bonds with the treasury and receive notes at par. The Senate also directs finance committee to probe treasury actions during the crisis and examine clearing house certificates in two series across three parts. A separate resolution calls for an agriculture department drainage report.
MENTIONED IN THIS ARTICLE
Washington
Tillman
Committee On Finance
Secretary of the Treasury
Treasury Department
Senate
Lattimer
Secretary of Agriculture
Drainage laws and cotton notes in early 20th century senate talk
The passage discusses drainage of swamp lands for agriculture and public health, plus a review of state drainage progress and European policies. In the Senate a McLaurin bill to ease monetary stringency allows U S bond deposits in the treasury for notes. A cotton deposit proposal offers 70 percent of value until 1909 with government sale if unpaid. The bill also imposes a heavy penalty for cotton futures. The House adjourns after a brief session with committee focus on banking and currency and new members sworn in.
MENTIONED IN THIS ARTICLE
United States
Europe
Senate
McLaurin
Cannon
House
Bede
Minnesota
Pollard
Nebraska
Coudrey
Missouri
Landis
Indiana
Goldfield to reopen mines with reduced wages for nonunion workers
Goldfield Nevada plans Thursday reopening of mines with a cut in pay scales. No Western Federation of Miners will be hired while up to 500 replacement workers are brought in to fill striker positions. Governor Sparks will visit. troops to be redeployed to guard mines. Card system to be used. brawl on Main Street involving a miner and troops.
MENTIONED IN THIS ARTICLE
Goldfield
Nev
Western Federation of Miners
Mine Owners’ Association
Governor Sparks
Cripple Creek
Frank A. Keith
Tonopah
Uncle Sam
Davis
Nine Million Dollars in Bank Collapse Probes
San Francisco December 10 Walter J Bartnet released on bail Andrew J Dalzell Brown still unable to obtain bonds David B Walker head of Bank of California and Safe Deposit and Trust company in custody at San Barbara pending receiver appointment Attorney Charles Cushing named temporary custodian Grand jury to probe false entries claiming 200000 loaned to two New York banks and deposits while insolvent Assets liabilities show 9000000 due depositors with about 5 million in good property and possibly 2 million more in other assets total 7 million against 9 million.
MENTIONED IN THIS ARTICLE
San Francisco
Walter J Bartnet
J. Dalzell Brown
David B. Walker
Bank of California and Safe Deposit and Trust Company
San Barbara
Charles Cushing
Heney
New York
California Safe Deposit and Trust Company
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Lon
Howell & Newton, Inc
Danville
Kasper Amuse
Bryan, Texas
Palace of Electricity
London
Old Plantation
Congress of Wildwest
Frisco
Monster Glass Blowers
Lotto
Crown
Prince of Fall High Divers
Prof
Colgraves
John M. Lawrence & Co
Stevenson Machine and Repair
Bryan
Texas
NORT
K. R. H. Harrison
Iguy M. Board
Emme’ & Maloney's
W. B. Hudson
Cortelyou
Committee
B. F. Tillman
Bouth Vargo Lima
Goldden
Tech Kentucky
Georgetown
Wharton Golden
Boulder
Colo
Caleb Powers
Golden
Sims
Powers
Kentucky
Colorado
Moving Pictures
E J. Jenkins
A. McKenzie
Hehe Pe
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