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Newspaper
Covington Republican
Location
Covington, Indiana, United States of America
Date
Mar 29, 1907
Page
6
Alfred C. Clark argues rural prosperity depends on supporting local merchants over city catalogue houses. He warns depopulation, ruined schools, and vanished towns if farmers and villagers stop patronizing local stores. He urges farmers to spend locally to preserve markets, roads, and community life.
Englishman Alfred Mosely funds commissions to study the United States citing Gardner F. Williams as the key American mining engineer shaping global diamond output. Williams rose from Michigan to California mining, then to South Africa’s diamond monopolies, where he became a renowned manager, writer, and engineer cheered on retirement. World’s Work.
Advice urges readers to keep savings at the home bank and avoid mail order houses after citing the Cash Buyer's Union failure. Emphasizes banks offer safety and favorable terms while mail order firms are risky and unreliable.
Edward H Harriman and other rail executives figure in a national spotlight over government railroad supervision. Cited figures include C S Mellen of New Haven and Hartford, Marvin Hughitt of Chicago and North Western, Thomas F Ryan, H H Vreeland of Metropolitan Street Railway, and I N Seligman, with anecdotes on their careers and views on regulation and labor relations.
Indiana’s Hugh J. McGowan leads a syndicate to acquire Stone Webster properties at Terre Haute. Tracks extend to Brazil Sullivan Clinton Paris Ill and Indy area lines join Terre Haute in a $25 million capitalization $16 million bonds. New Indiana Traction Co. aims for vast system linking Indianapolis Terre Haute St Louis with several interurban and street railway assets.
President Roosevelt receives telegrams from commercial and waterway organizations in the West lauding the inland waterways commission. They say the commission’s appointment ranks among his greatest measures and should end transportation troubles, presenting it as the real solution to the country’s transport problems.
Indianapolis Wheat 75 76c. Corn 46c. Oats 43c. Hay top grades 16 to 21 dollars. Cattle 2.50 to 6.00. Hogs 5.00 to 6.30. Sheep 2.50 to 5.25. Lambs 5.50 to 7.50. Cincinnati Wheat 79c. Corn 48c. Oats 45c. Cattle 4.40 to 5.40. Hogs 4.50 to 6.40. Sheep 2.50 to 5.25. Lambs 4.50 to 8.00. Chicago Wheat 75c. Corn 44c. Oats unknown. Cattle 4.50 to 7.00. Hogs 4.50 to 6.30. Sheep 5.00 to 6.35. Lambs 6.00 to 8.05. New York cattle 5.00 to 6.30. Hogs 6.90 to 7.10. Sheep 4.00 to 5.75. Lambs 6.75 to 8.75. East Buffalo cattle 4.00 to 5.90. Hogs 5.50 to 6.60. Sheep 3.00 to 6.75. Lambs 6.00 to 8.50. Toledo Wheat May 78.5c July 79.5c cash 77c.
James Bryce becomes the first plain citizen to represent Britain in Washington. Born in Belfast sixty nine years ago with Irish and Scotch heritage, he served as chief secretary for Ireland and is known as author of The American Commonwealth. His embassy post now pays 50000 dollars yearly with a 10000 dollar appropriation for installation expenses.
Theodore Burton chairman of the house committee on rivers and harbors notes a proposed dredging plan for the Ohio River. A committee member suggests using a seagoing dredge, but Burton warns a fifteen foot vessel cannot navigate the river which averages four feet deep.
David A. De Armond of Missouri, nearing an eighth term in the House, is reportedly being groomed to succeed John Sharp Williams as minority leader in the Sixtieth Congress. Though not an avowed candidate, he is said to be receptive to the honor if offered. Williams supporters doubt any opposition will prevail. De Armond, 63, from Butler, Pa. by birth, moved to Missouri as a youth, was a circuit judge before Congress, and is regarded as clear headed, modest, dignified, and highly esteemed by House leaders for his long service and readiness.
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