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Cheyenne State Leader in Cheyenne, Wyoming

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This newspaper page contains 17 articles. Subscribers can read the full text of each article.

Newspaper

Cheyenne State Leader

Location

Cheyenne, Wyoming, United States of America

Date

Feb 29, 1912

Page

9

Profits Steel Trust Over One Billion in Nine Years

A report claims Profits Steel Trust earned over one billion in nine years, with business profits totaling 753,124,386. It accuses J P Morgan and Co of receiving seventy million for organizing the trust.

Steel Trust J. P. Morgan & Co

Magnitude of Trust J P Morgan Steel Combination Profits

The steel trust profits show 70 million cash profits to J P Morgan & Co for organizing the combination. Nine year net profits reach 1.029 billion with dividends totaling 753 million. Estimates claim the trust controls 60 to 80 percent of U S steel properties, worth about 1.447 billion, with ore holdings around 2.5 billion tons of 4.462 trillion available.

J. P. Morgan & Co Trust Gary and Frick Uncle Sam Steel Trust United States

Steel trust report claims restraint of trade and huge profits

The McRae inquiry finds United States Steel operates to restrain competition through price manipulation the Gary Dinners and interlocking directors. It says Morgan profits total about 69.3 million cash with nine year net earnings around 1.03 billion dollars and that steel holdings reach about 80 percent of the industry. The report notes anti competitive behavior and impact on free trade and prices.

Washington House Steel Trust Investigation Committee United States Steel Corporation Farquhar J. McRae McRae Steel Corporation Steel Trust J. P. Morgan & Co Steel Combine J. P. Morgan Sn Ihe

Ten Conspirators In Gang Behind $25 000 Taxi Robbery

New York prompt on February 28 reports Howard King helped clear up the $25,000 daylight taxi robbery case. Two more prisoners were captured in Memphis Tenn and the city, with further loot recovered. The gang of ten included a trusted chauffeur Gene Montani who originated the bold plan. Four locals remain held on $15,000 bail each for Thursday’s hearing.

New York Howard Kingman Memphis Tenn Com Dougherty Ecogeserion Gene Montani East River Bank Trinity Place Produce Exchange National Bank

Lebrasky to face Mexican court for suspected spy case

George Lebrasky an American is to be tried by a Mexican military court in Tijuana for spying and sedition. If convicted he faces the death penalty. He was arrested with tourists and says he can prove innocence with a proper hearing. Meanwhile Mexican ambassador Martinez urged halting arms shipments to Mexico triggering a Treasury Justice inquiry. The Chihuahua region remains unsettled as rebels continue to loot.

San Diego Calif George Lebrasky Tijuana Lower California Lebrasky Washington Senor Martinez United States Customs Mexico Wilson Treasury Department of Justice United States Chihuahua

Senator Describes Horrific Lawrence Textile Conditions

Washington reports a U.S. Senator condemns Lawrence Massachusetts textile mills for squalid labor and starvation wages. He cites fifty four people in one tenement earning an average six dollars and sixty seven cents weekly, protests militia interference, and urges tariff reduction and habeas corpus action to free strike prisoners and protect travel rights. A federal inquiry into wages and conditions is planned with a representative departing today.

Lawrence Milla United States Federal Bureau of Labor Masa Bureau Washington Oil New City

Loan to Pay Chinese Troops Hints at Stable Nanking

Nanking and Peking governments agree to an international loan arrangement with bankers from the United States, Britain, France, and Germany to fund troops in Nanking and Peking. Officials warn that failure to pay could trigger rising anarchy and unrest.

Peking Nanking Thase International United States Great Britain France Germany

Fort Oglethorpe Made Cavalry Post

Washington February 28 A bill to convert Fort Oglethorpe California into a brigade cavalry post passed the House by a 17 to 0 vote The change forms part of a War Department plan to concentrate troops in fewer garrisons Representative Helter of Kentucky argued the United States has no army at present and criticized the geographical division system aboard

Washington, D. C Fort Oglethorpe War Department Helter Kentucky United States

Mexican President Madero defies resignation claim

El Paso reports Madero states he has no intention of resigning the Mexican presidency. Border dispatches from Marta and Presidio note Braulio Hernandez quit as Chihuahua secretary of state to join rebel activities against Ojiniga, with details from the border.

el Paso Texas Mexico Madero Times Marta Braulio Hernandez Chihuahua Ojiniga Presidio

Darrow Case Postponed to Saturday in Court

Los Angeles February 28. By agreement of counsel the case of Clarence Darrow the Chicago attorney indicted for jury bribery will remain at a standstill until Saturday. The agreement was announced in open court today and the continuance ordered.

Los Angeles Calif Clarence Darrow Chicago Wlandard

Guernsey Men Accused of Burglary

Deputy Sheriff Chas Wright arrested Clyde Connor and Robert Chapman in Guernsey for breaking into a lodging house and stealing a watch and $20. They were bound over to the district court after a preliminary hearing and sent to Cheyenne.

Chas, Wright Colorado & Southern Guernsey Clyde Connor Robert Chapman Wright Justice of Peace Cheyenne

Rates Fixed Arbitrarily by Express Firms

Washington February 25. Joseph Zimmerman general traffic manager of Adams Express testified at the Interstate Commerce Commission inquiry into express rates. He said rates are fixed arbitrarily with little reference to first class rail freight rates.

Washington, D. C Joseph Zimmerman Adams Express Company Interstate Commerce Commission

Wiley May Resign as Chief Chemist

Washington February 28 Dr Harvey W Wiley known as a pure food champion says he is seriously considering resigning as chief of chemistry of the bureau He notes he cannot secure harmony while he believes there are congress elements in the department and has not yet decided on resigning.

Washington, D. C Harvey W. Wiley Pure Food Champion Bureau Wiley

Train wreck injures crew as No. 7 derails near Milstead

Three trainmen were injured and a score of passengers shaken when Southern passenger No. 7 from New York to New Orleans derailed north of Montgomery near Milstead. The engine tumbled down an embankment tearing telegraph and telephone lines, cutting communications.

Montgomery Ala Southern New York New Orleans Milsted Here

Taft Plans Vigorous Campaign Across Key States

Taft will launch a vigorous speech making drive for the Republican convention in June. He will travel to Chicago New Hampshire and Georgia and deliver numerous speeches while recalling judges and judicial decisions and possibly the initiative and referendum. New York leaders expect a solid delegation and McKinley arranged Taft talks in Chicago.

Washington Taft Chicago New Hampshire Georgia Roosevelt Columbus New York Barnes New York State Republican Commission Sherman McKinley Tafta

Denver Republicans push presidential primaries in city

In Denver Ward Twelfth Republicans met at 27 Broadway and urged presidential preference primaries in every precinct. They called a mass meeting at Sullivan's hall Saturday at 7 30 PM and urged the state committee to arrange a scheme allowing voters to choose Roosevelt or Taft, signaling a move against party machine influence.

Denver Colo Twelfth Ward Broadway Arote Mcdonald State Committee Marshall B. Smith A. A. Johnson J. C. Starkweather Colorado Roosevelt Taft Sullivan's Hall Ruth and Fle Masof R Ty Lhaver

Yellowstone Land Co Officials Arrested Over Lands

Chicago February 28 two year government probe ends with the arrest of H A Mason secretary treasurer and A Hanley director of Yellowstone Land Co indictments accuse them of using the mails to defraud in land sales in Madison County Montana. Trafficked land brought fifteen thousand dollars though sellers never held title to the property.

Chicago Yellowstone Land Company H. A. Mason A. Hanley Madison County Montana Wellers

Also Mentioned on This Page

Ees Trust Gary H. C. Frick Stees Bandit Lebraska City Juarez Mexico City Serge Torreon Darrow Wilexyy William Barnes Jr Republican State Committee Ging White House Yellowstone Land CO
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