Senate measures on currency reform and national banks
The article details a Senate bill to back circulating notes with United States bonds and state or municipal securities, deposit and transfer rules, and tax provisions. It explains issuance limits, security requirements, and treasury redemption, plus reserve and denomination rules for national banks and political party positions on the Aldrich plan.
MENTIONED IN THIS ARTICLE
United States
Trens
Secretary of the Treasury
We Ee
Radon
Secretary of Science
Treasury Department
Treasury
Currency bill introduced in Senate amid prohibition debate
Senator Aldrich presented his currency bill to the Senate and offered that the Finance Committee would consider related measures. Senator Culberson was assured of attention to his resolution. Georgia Senator Clay urged a Senate vote on a federal law to back state efforts for prohibition, but his resolution to instruct Judiciary to draft such a bill was postponed. At 1:40 p.m. the Senate adjourned until the next Thursday for committee work.
MENTIONED IN THIS ARTICLE
Hansbrough
Chiafid
Senate
Alicans
Mittee
Aldrich
Georgia
Commercial Tribune
Washington
Culberson
Clay
Committee On Judiciary
Nelson
New York Representative Blames President for Financial Flurry
In Washington on January 7 the House heard sharp denunciations of President Belt as New York lawmakers blamed his leadership for a fiscal upheaval. Speakers from major parties urged policy changes to restore stability and investor confidence.
MENTIONED IN THIS ARTICLE
New York
Commercial Tribune
Washington
President Belt
House of Representa
New York Speaker Attacks President Over Gas Light Comment
Mr Willett of New York denounces the President on the financial question claiming he is not sensible and mischaracterizes leaders as dishonest. The remark sparks a claim of public panic from lack of confidence, arguing the President has been turning on the gas rather than the light and has given too much talk.
MENTIONED IN THIS ARTICLE
Willett
New York
Knox Seeks Remedy Bill for Employees Liability Law
Senator Knox of Pennsylvania introduces a bill to cure defects in the employees liability act following its Supreme Court ruling. The measure targets corporations engaged in interstate commerce and employees within those firms, aiming to keep federal control within constitutional bounds.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Washington
Knox
Pennsylvania
Supreme Court of the United States
Congress
Maryland Rep Seeks Full Record on Navy Appointments
Representative Gill of Maryland introduced a resolution to obtain all official letters reports orders and related documents from the Navy Department concerning Surgeon Charles F Stokes appointment aboard the hospital ship Relief and the appointment and resignation of Rear Admiral Willard H Brownson as Chief of the Bureau of Navigation The measure was sent to the Naval Affairs Committee.
MENTIONED IN THIS ARTICLE
Maryland
Commercial Tribune
Washington
Gill
Admiral Brownson
Committee On Naval Affairs
Secretary of the Navy
House of Representatives
Navy Department
Charles F. Stokes
United States
Relief
Willard H. Brownson
Bureau of Navigation
California Delegation Pushes Japanese Exclusion Plan
California representatives Hayes and Kahn met with President Roosevelt in California to press the Japanese exclusion bill. The President intends to hear a full briefing, but his stance remains discouraging amid ongoing Japan United States diplomatic negotiations.
MENTIONED IN THIS ARTICLE
California
Roosevelt
Commercial Tribune
Washington
Hayes and
Kahn
Hayes
Japan
United States
Democratic Praise and Coins Rally in House Speech
In Washington on January 7 the House heard several addresses after the President's annual message. Representative Shepherd of Texas urged restoring In God We Trust on coins and discussed the battleship fleet and possible conflict with Japan. Hardwick of Georgia defended his view that Republican safety lies in Taft’s nomination.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Washington
Representative Shepherd
Texas
Japan
Hardwick
Georgia
Taft
Blount contradicts witnesses in Walsh bank case
Fred M. Blount former vice president and director at the Chicago National Bank testified that directors had access to daily loan and discount statements and participated in bond purchases for the Illinois Southern Railway, challenging earlier government claims of director ignorance.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Chicago
Fred M. Blount
Chicago National Bank
John R. Walsh
Blount
Walsh
Illinois Southern Railway
Dinner Honors President and Mrs Roosevelt
Vice President and Mrs Fairbanks hosted a dinner in Washington in honor of President and Mrs. Roosevelt marking a formal White House social occasion with prominent attendees and diplomatic cordiality.
MENTIONED IN THIS ARTICLE
Fairbanks
Wife
Roosevelts
Commercial Tribune
Washington
Rosevelt
Jail Fire Damages Knox County Structure in Vincennes
An early January blaze damaged the new Knox County jail in Vincennes Indiana. Officials say a defective electric light wire caused the fire. Loss valued at 20 000 dollars with insurance coverage.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Vincennes
Ind
Knox County
Brono Quinine Laxative Notice Signed by E W Groves
A brief advertisement notes that the laxative product Bromo Quinine removes the cause and directs readers to seek the signature of E W Groves. The fragment mentions a 2c price and urges attention to the signature.
MENTIONED IN THIS ARTICLE
E. W. Groves
Money Talks on Exchanges and Banking Reform
An interview style review answers readers’ questions on stock exchanges usefulness and how to curb speculation. It discusses money supply, bank credit limits, margins, postal savings banks viability, and a proposed small annual tax on national bank deposits. It cites Schiff and Vanderlip on causes of recent disturbances and notes doubt about central banks or asset currency.
MENTIONED IN THIS ARTICLE
United States
Bankers of
America
Congress
Jacob H. Schiff
Kuhn, Loeb & Co
New York
Frank A. Vanderlip
National City Bank of New York
San Francisco
Eckels
Mr. Eckels
Old Insurance Men Die Same Day in Nation’s Page
Two veteran insurance presidents died on the same day: George Taylor Cram of St Louis at 73 and George L Chase of Hartford after long service. Both led fire insurance firms with decades at the helm, marking the loss of two of the nation’s longest serving company presidents.
MENTIONED IN THIS ARTICLE
Commercial Tribune
ST. Louis
George Taylor Cram
George L. Chase
Hartford
United States
Longtime Hartford Fire Insurance President George L. Chase Dies
George L. Chase, 80, president of the Hartford Fire Insurance Company for over four decades, died in Hartford today. He earlier worked in the railroad business in Ohio.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Hartford
Conn
George L. Chase
Hartford Fire Insurance Company
Chase
Ohio
Obituary of Fessenden and Other Notables Recalls Political Life
Samuel Fessenden of Stamford Connecticut former State Senator dies from heart trouble after long illness born April 12 1847 in Rockland Missouri son of the Rev Samuel C Fessenden. He served as Fairfield County State Attorney from 1880 and held early political roles including General Assembly runs in 1874 1879 and delegate roles in Republican conventions. Also death notices for Commander William Hale Driggs retired US Navy inventor of breech gun mechanism and James B Clow president of James B Clow & Sons plus Prince Stanislaus Poniatowski of Poland and Paris death reports.
MENTIONED IN THIS ARTICLE
Samuel Fessenden
Stamford
Conn
Connecticut
Fessenden
Rockland
Samuel C. Fessenden
Fairfield County
General Assembly
Rutherford B. Heyes
National Republican Committee
Thomas B. Reed
Maine
Reed
Joseph Manley
Mr. Reed
God
United States Senate
Morgan G. Bulkeley
Bulkeley
Joseph R. Hawley
Hawley
Orville Platt
Brandegee
William Hale Driggs
United States Navy
Washington
Michigan
St. Paul
Office of Naval Intelligence
Driggs
Navy
Arlington
James B. Clow
James B. Clow & Sons
Chicago
Clow
Prince Stanislaus Poniatow
Paris
France
Amer
Lack of Teachers Cripples Chicago Classrooms
Chicago is grappling with a severe teacher shortage as 33 elementary rooms opened the second term with no teachers at desks. Principals dismissed students to return next day after explaining the situation, while 150 substitutes were assigned but exhausted the pool.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Chicago
Standard Oil seeks higher bond levy after profits reveal large assets
District Attorney Sims asks the U S Circuit Court to raise the supersedeas bond for Standard Oil Company Indiana to reflect assets exceeding 27 million and profits totaling 23,067,126 over three years with 1906 profits at 10,516,082, amid appeal of a 29.54 million fine. The government cites higher asset value than defense claimed and urges bond parity with the fine.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Chicago
Edward W. Sims
United States Circuit Court of Appeals
Standard Oil Company
Indiana
K. M. Landis
Whiting
Ind
End Bodies in Burning House
Carbondale reports the bodies of Clarence Snider and his wife found in their burning residence in St. Louis. Both had been shot. Police believe Snider killed his wife and then himself after a quarrel, triggering the fire.
MENTIONED IN THIS ARTICLE
Commercial Tribune
ST. Louis
Carbondale
Ill
Clarence Snider
Snider
Government suit to dissolve New Jersey Standard Oil heard
New York Jan 7 The government suit to dissolve the New Jersey holding company of Standard Oil was resumed before Special Examiner Ferriss. Voluminous documentary evidence from prior actions will occupy the examiner through Monday as the government seeks to prove, via employee admissions, that Standard Oil accepted rebates.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New York
New Jersey Holding Corporation
Standard Oil Company
Special Examiner Ferriss
E Standard. Oil Company
Liquor Violators Fined Heavily in Columbus
The Internal Revenue Department announced a large haul in Columbus from violators who reused liquor bottles and labels. Nearly ten thousand dollars in fines were imposed and the money is to be collected promptly to avoid further legal action.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
United States Internal Revenue Department
Virginians Invite Taft to Address Virginia Bar Assn
Secretary Taft was invited to address the Virginia Bar Association at Hot Springs on August 6. He will respond with an answer on Monday.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Washington
Taft
Virginia Bar Association
Hot Springs
Mrs Gentry Delays Prosecution After Fifth Powers Trial
Mrs. Jennie Gentry of Lexington faces joint charges with Caleb Powers Howard Benton and David Cushing over allegedly pro curing perjured testimony from convicts Rogerson and Stevenson. She returned from Frankfort and said the case will not be called until after Powers five trial ends next July. Benton and Gentry met an attorney in Frankfort as State's Attorney Franklin noted he would not review the case before July.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Lexington
Jennie Gentry
Caleb Powers
Howard Benton
David Cushing
Rogerson
Stevenson
Frankfort Penitentiary
Frankfort
Powers
Gentry
Benton
Tonkfort
Franklin
Governor to Call Extra Session on Currency and Elections
Topeka Kansas January 7 Governor Hoch announced an extra legislative session to convene January 16. The Legislature will consider currency enactment primary election and rate regulation measures.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Topeka
Kan
Hoch
Four Men Attempted Train Robbery at Union Station
Four white men tried to rob passengers on a Missouri Kansas and Texas flyer in Kansas City Union Station. Conductor H W Drew struck a robber with a lantern as others fled through the doors, two with valises taken from German immigrants. Police chased suspects. two men, Rube Walsh and John Coss, were detained for inquiry.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Kansas City
Union Station
Southwest
M. H. Kennedy
H. W. Drew
David White
Drew
Rube Walsh
John Coss
Coss
Lawton Will Thy for West Point
Manly Lawton son of General Lawton the Philippine Island hero will take the exam for West Point admission on January 14. He is 21 and has seen combat with his father in the campaign that led to the general's death, and he lives in Pewee Valley Kentucky.
MENTIONED IN THIS ARTICLE
Commercial Tribune
Columbus
Manly Lawton
General Lawton
West Point
Lawton
Pewee Valleey
Army class to graduate early at Military Academy
The first class at the Military Academy will graduate February 14, a date chosen by the Superintendent under Washington instructions. The early graduation adds to the 1st Infantry and will help fill vacant officer assignments in existing regiments as the army is short of officers.
MENTIONED IN THIS ARTICLE
Commercial Triuna
Washington
Military Academy
Army
Oath Means Naught Says Judge Warns Law Students
Chicago January 7 Colonel James Hamilton Lewis addressed Northwestern University Law School students urging that a woman testifying is driven by affection or resentment. He warned that women may lie on oath to vindicate themselves and advised careful cross examination to avoid implying motive or collateral grievances.
MENTIONED IN THIS ARTICLE
Chicago
Horace
James Hamilton Lewis
Northwestern University Law School
Fire levels five story Tebault building in New Orleans
A fire on Royal Street near Iberville in New Orleans destroyed the W. G. Tebault furniture house, causing about 250000 in damage. Tebault stock was a total loss and three adjacent storefronts were damaged. Cashier Mrs Ed M Lund suffered facial injuries from falling glass while saving papers. Cause of the blaze is unknown.
MENTIONED IN THIS ARTICLE
Commercial Tribune
New Orleans
Royal Street
Iberville
W. G. Tebault
Tebault’s
Ed M. Lund
Tebault
Ontario Local Option Vote Defeated in Majority Townships
Local option was put to a vote in Ontario small towns villages and townships. Returns from fifty eight show defeats in thirty seven and carries in twenty one. Notable regional results indicated a clear tilt against local option in many communities.
MENTIONED IN THIS ARTICLE
Toronto
Ont
Ontario
Postum cereal drink touted as coffee substitute
Purported health claims praise Postum made from pure cereals with no medication. When boiled as directed it is nourishing and restorative and offered as a remedy for many diseases caused by coffee. Ad invites readers to seek the booklet The Road to Wellville for details.
MENTIONED IN THIS ARTICLE
Wellville
Also Mentioned on This Page
Brownson
Walsh Bank
Frank C. Harper
Stock Exchanges
Browning, King & Co
Alf
Browning, King & Company
Cincinnati
Captain Cram
Atlantic Mutual Fire Insurance Company
American Central Insurance Company
Third National Bank
Cram
Insurance Company
Maud Goddard
Elizabeth Sperry
Stockton
Cal
Enoch Haskell
Butler County
Oxford
Mr. Haskell
Concord
N. H
Benjamin Franklin
Daniel
Boston Transcript
Haskell
Whitelaw Reid
Reid
Miami
Daniel Webster
Andrew Jackson
William Lloyd
Garrison
Rufus, Choate
Webster
Charles Harris
Dick Anderson
Sidney
Terree
Harris
Levi Wissler
Bar Association Would
Mrs. Gentry
Kentucky
Kansas Assembly
West_ Pointers
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!