Claflin Company Fails as Receivers Appointed in Giant Merchandize Collapse
The H. B. Claflin Company, led by John Claflin, faces receivership for debts exceeding 30 million dollars with assets around 44 million. The collapse involves multiple associated firms, notes held by thousands of banks, and a planned reorganizational effort separating from the United Dry Goods Company and the Associated Merchants Company.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
New York
United States
H. B. Claflin
John Claflin
United Dry Goods Company
J. P. Morgan & Co
Claflin
Associated Merchants Company
H. B. Claflin Company
New
Cliffin
Wall Street
Cliflin
J. P. Morgan
J.S. Alexander
National Bank of Commerce
Albert H. Wiggins
Chase National Bank
Associated Merchants’ Company
John €. Eames
Hand
Joseph B. Martindale
Chemical National Bank
Frederick A. Juillard
Mercchandise
Eames
Dexter N. Force
J. 8S
Alexander
Merchants’ Protective Association
H. B. Claflin Com
Bankruptcy doom for Claflin Co overstocked white pods
The H. B. Claflin Company of New York collapses under a $35 million debt after overstocking white pods and failing to sell them. Department of Commerce cites the cause as women refusing to wear them, refusing underskirts even as premiums.
MENTIONED IN THIS ARTICLE
Department of Commerce
Wilson Favors Constitutional Cure for Business Boom
President Wilson outlined a new business freedom after Congress' antitrust reform, urging a constitutional over surgical remedy. He warned opponents and spoke before Virginia editors at the White House, arguing the nation will see a strong revival as corrections address ten years of anxiety. The speech framed policy as a major, constructive program.
MENTIONED IN THIS ARTICLE
Special Dispatch
the Commercial Tribune
Washington
Congress
Wilson
Dress and fashion attitudes of American women in 1914
A Chicago federation speech on American fashion traits contrasts Fifth Avenue style with European chic. Mrs. Lewisohn defends individual taste and personal choice, arguing fashion should not be forced by reform. A Mexican dispatch reports heavy fighting as Villa's forces advance toward Mexico City amid mass casualties and strategic moves.
Salem Massachusetts A Coastal Trade and Education Center
Salem, one of the oldest cities in Massachusetts, sits on the Atlantic fourteen miles northeast of Boston. Once proud of a large foreign commerce, its coasting trade remains strong though imports lean to coal. The city hosts cotton and leather factories and is a notable educational hub with the Essex Institute Peabody Academy of Science East India Marine Hall and State Normal School for Girls.
MENTIONED IN THIS ARTICLE
Salem
Massachusetts
Atlantic Ocean
Boston
Essex Institute
Peabody Academy of Science
East India Marine Hall
State Normal
U S and Japan End California alien land treaty talks
Washington and Tokyo disclosed that all negotiations over the California alien land laws have ended. Relations remain intact but cooler since 1913. Secretary Bryan and Japan’s Foreign Minister released the correspondence. Washington will not meddle in California’s internal affairs despite Japan’s contention that the laws violate the 1911 commercial treaty.
MENTIONED IN THIS ARTICLE
the Commercial Tribune
Washington
United States
Japan
California
Bryan
Tokio
Massive Salem Fire Devastates City Center
A eight hour blaze in Salem Massachusetts destroyed more than twenty factories and many homes injuring at least fifty people and leaving about 10 000 homeless. The Korn Leather factory explosion sparked the disaster feeding through shoe and leather districts and into residential areas as winds shifted and dynamite was used to stem the flames.
MENTIONED IN THIS ARTICLE
Korn
Perchson
Gallows Hill
Proctor
Boston
Jefferson Avenna
Pope
Broad
Hawthorne
Winthrop
Mt. Vernon
Endicott
Peabody
South Salem
Rem
City Orphans Asylum
Lafayette Street
Jealous husband shoots wife then kills himself in New Castle
In a jealous rage Charles Grissom shot his wife four times then killed himself with a revolver. Grissom died at once and his wife died shortly after. This followed two similar domestic tragedies in twenty months with three husbands shooting wives and then themselves. Of the six principals five are dead and one widow survives.
MENTIONED IN THIS ARTICLE
New Castle
Ind
Charles Grissom
Grissom
Explosion Kills Seven at Tennessee River Works
Seven people die and several are injured in a dynamite explosion at the government works along the Tennessee River in Sheffield Alabama.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Sheffield
Ala
Government
Tennessee River
Plot to kill Moyer rocks Butte as riots unfold
In Butte Montana three suspects sit in county jail with a fourth sought over alleged plots to kill Charles H Moyer president of the Western Federation of Miners. Riots and labor conflict ripple through the area as vigilante committees form and Mayor Duncan faces possible removal. Moyer plans to speak in Anaconda amid union tensions.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Butte
Mont
Charles H. Moyer
Western Federation of Miners
Duncan
Helena
Anaconda
Moyer
Independent Union of Miners
Big loan to Paynter from Lorimer Bank
U S district attorney probes La Salle Street Bank books revealing a $40,000 loan to Thomas H Paynter former Kentucky senator and member of the first Senatorial Investigating Committee. $10,000 was repaid and authorities seek further records as state and county officials examine alleged insider dealings and favorable loans tied to Lorimer Mundy and I O W U members.
MENTIONED IN THIS ARTICLE
Tion
United States District Attorney’s Office
la Salle Street Bank
Thomas H. Paynter
United States
Kentucky
Lorimer
Senate
Paynter
National Bank
State Bank
Lorimer and Mundy
I. O. WU
Republican Triumph in Ohio Predicted at GOP Nominating Heck
At a Tippecanoe Club reception in Cleveland Ohio ten Republican ticket candidates were guests seeking nominations for state offices including Lieutenant Governor Secretary of State Treasurer and Attorney General. The gathering mocked Wilsons watchful waiting and criticizes Cox legislation as reasons for a Republican triumph this fall.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Cleveland
Ohio
Tippecanoe Club
Club
Albert H. Morrill
Cincinnati
James W. Caldwell
Toledo
Albert E. Culbert
Fremont
Charlies B. Galbreath
Rogers
Charles Q. Hildebrandt
Wilmington
Charles A. Reid
Washington D. H
Rudllph W. Archer
Bellaire
C. E. Stinebaugh
Bowling Green
Charlies A. Wilson
London
C. Woodworth
Athens
Roy N. Merryman
Steubenville
John H. Arnold
Columbus
Edward C. Turner
Cox
Wilson
Sub Scale Committee to Meet on Wage Dispute in Ohio Mines
A four miners and six operators committee will meet in Columbus to seek a compromise on wage terms for five Ohio subdistricts. Operators offer 43 cents per ton on machine mined coal with a possible rise to 45 cents. The sub committee lists four miners and six operators as members with named officials and district representatives.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Columbus
Ohio
John Moore
Lee Hall
G. W. Savage
William Green
International
A. E. Cole
Hocking
G. P. Praeger
Bergholz
Edwin Jones
Jackson
Fred Eversbaugh
Pomeroy
John S. Jones
Cooksville
William Timmons
French Senate Adopts Bill Allowing In-Law Marriages
Paris reports the French Senate approved a law permitting brothers in law and sisters in law to wed. The measure passed without debate, marking a change in marriage rules.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Paris
Senate
Silas Christofferson Sets High Altitude Record
In Independence California Silas Christofferson flew a biplane over Mt Whitney peak reaching an estimated 16 000 feet marking a potential new American altitude record.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Independence
Cal
Silas Christofferson
Mt. Whitney
Motorman Dies After Steel Rail Car Jumping Tracks Near Lorain
One man was killed another fatally injured and ten seriously hurt when an eastbound Lake Shore Electric Railway car lost control on a steep grade near Lorain Ohio. Motorman Elias Hopp died at the hospital after the air brakes failed. he stayed at his post during the crash.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Lorain
Lake Shore Electric Railway
Elias Hopp
Lexington Storm Struck Causes Roof Loss and Narrow Escapes
Severe windstorm hits the east end of Lexington Kentucky this afternoon unroofing several houses blowing down chimneys and uprooting trees. Several persons narrowly escaped death with losses estimated at 25000 dollars.
MENTIONED IN THIS ARTICLE
Commercial Triune
Lexington
Ovation for Iron Workers on Their Way to Prison
Seventeen men convicted in dynamite conspiracy cases, four via presidential clemency, were guests of the Iron Workers' Union in Kansas City. Thirteen headed to Leavenworth after a festive sendoff with a band, union members, and a late dinner. One man, W. Bert Brown, faced assailants who broke photographers' cameras as they attempted to film.
MENTIONED IN THIS ARTICLE
The
Commercial Tribune
Kansas City
Wilson
Iron Workers’ Union
Federal Penitentiary
Leavenworth
Kansas
W. Bert Brown
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