04 Jun 1912
Page 1
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Newspaper
Corry Evening Journal
Location
Corry, Pennsylvania, United States of America
Date
Jun 04, 1912
Page
1
The text defines strength as a bank's fully paid up capital growing surplus strong resources ample cash reserves and a large proportion of liquid assets. It notes banking by mail as a method, implying stability and liquidity as core indicators of financial strength.
Local dealer advertises about 50 boxes of linen finished papers marked down from 25 to 30 cents to 18 cents, with a few 50 cent papers at 29 cents and initial stationery at 10 cents. Initial tablet paper priced at 18 cents. Come early before the stock is closed out.
The draft report details Colonel Roosevelt’s opposition to Senator Root at the Chicago convention. It cites William Barnes’s lobbying for Root and Roosevelt’s advisers on Sagamore Hill through May talks. Roosevelt may alter plans if a crisis arises, with further discussions in New York and with lieutenants to chart a path at the national gathering.
Taft supporters seized control of all committees linked to the Republican state convention in Columbus on June 4, and of the new state central committee. The gains may influence six delegates chosen at today’s session to back President Taft at Chicago. Taft backers hold 11 seats to Roosevelt’s 20 on the central committee and on the condition committee, with details continued on page five.
After two months of campaigning the Corry Power Company franchise was defeated by an adverse committee report led by Select Councilman James H. Wright. The measure mirrored the Corry City Electric Light Company grant but faced opposition over exclusivity and public ownership concerns. the council delayed, then adjourned without adoption, ending the attempt to begin construction within a year.
Two council members are praised for standing for fairness as a 300-signature taxpayer petition urged granting a franchise. The debate shows Weaver's nonbinding resolution failing and promises an amended bill to remove features objected to by the city solicitor, with further action expected.
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