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Newspaper
Cincinnati Commercial Tribune
Location
Cincinnati, Ohio, United States of America
Date
Dec 11, 1908
Page
1
Aided by Legal Aid and university workers, city residents recount brutal loan office practices that push families into poverty. A mechanic and his wife with five children lost home and dignity as lenders seized belongings and menaced them for repayment.
The Cincinnati park commission seeks a $1,000,000 bond issue and power to issue bonds as needed. It plans a municipal nursery in Millcreek valley and to acquire land for future parks while reviewing property for conversion to park use. The panel already holds about $213,000 and aims to expand park property and staffing.
In Washington on December 10 President Roosevelt said attempts will be made to prosecute those who spread infamous falsehoods about acquiring property and building the Panama Canal. He spoke to the Safe Deep Waterways group in the White House east room, defending canal work and urging honest development of Waterways and irrigation policy.
William Nelson Cromwell, former general counsel for the Panama Canal interests, states he did not take the $40,000,000 personally. He explains arranging for the funds to be paid from the U S Treasury through government bankers to the liquidators of two related companies.
Speaker Cannon told the Rivers and Harbors Congress he would not vote for a $1,000,000,000 bond issue to finance national waterway improvements. He urged safe and sane expenditures and backed committee appropriations led by Burton. Other speakers included Garfield, Higgins, and Deneen as delegates discussed navigation and waterways.
Representative Acheson of Pittsburgh introduced a bill empowering the War Department to contract for fifty four locks on the Ohio River from Pittsburgh to Cairo to maintain water levels year round. The plan would cost about 43.7 million dollars with bonds to be issued by the Treasury.
Tobacco growers from Kentucky and Indiana met at the Louisville hotel and formed the Union Tobacco Society to regulate the national market. Officers were elected for a temporary period with a planned January 1909 meeting to adopt a constitution. assets are listed at 30 million dollars and five societies are represented.
The Ways and Means Committee fixed next Wednesday as the date for hearing all persons interested in the tobacco schedules. Kentucky and Ohio are expected to be represented at the hearing.
In Union City Tennessee Judge Jones ruled the grand jury that returned indictments against eight men was legally selected. The eight defendants were arraigned and pleaded not guilty. Defense asked for a delay. the state agreed to wait until Monday at 1 o'clock.
King Gustav distributed the Nobel prizes and medals in Stockholm. Recipients include Rudolph Bucher of Jena University, Gabriel Lipmann of the University of Paris, Ernest Rutherford of Manchester England, Paul Ehrlich of Berlin, and Metchinikoff of Paris. Each prize totals $38,565.
President elect Taft and Congressman Burton will meet tomorrow in the Munsey Building Washington to discuss the contest for the Ohio seat in the Senate.
A Dec 10 Commercial Tribune item titled OHIO BARS INSURANCE FIRM wrongly linked Metropolitan Life. The correction states Metropolitan Company is unrelated and clarifies the agent and local ties involving B Warren A F Lees and J M Sprague at First National.
President elect Taft declares an honest thorough revision of the tariff will be pursued in the extra session after inauguration. He cites talks with Speaker Cannon and Ways and Means Republicans, confirms plan to use subpoenas to obtain evidence and align bill with Republican platform. He notes speakership not discussed and mentions hoped unity among committee members.
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