Morgan Forces Cash Support as New York Banks Reassure Public
J P Morgan orders Equitable Trust to take over Madison Trust and guarantees deposits across Nineteenth and Twelfth Ward banks. Massive coin deliveries appear as small depositors line up to be paid, while several large firms pledge to stand together to avert runs and restore confidence.
MENTIONED IN THIS ARTICLE
New York
J. P. Morgan
Equitable Trust Company
Madison Trust Company
Morgan
Nineteenth Ward
Twelfth Ward
Madison Trust
Morgan, Kuhn-Loeb
Guggenheims
Standard Oil
Phipps, Hallgarten & Co
Carnegie Trust Company
Alvin Kreck
Lawrence Gillespie
Nineteenth
Nineteenth Ward Bank
Twelfth Ward Bank
Nichols
Harlem Board of Trade
New York Bank Closed Carnegie Trust In State Custody
The Carnegie Trust Company, linked to promoter Joseph G. Robin, was closed Saturday and placed in the hands of the state banks superintendent. About eleven million dollars are tied up in bankruptcy funds, city and state deposits, with bonds securing portions of the sums. Leslie M. Shaw, former treasury official, had helped name it as official depository. a $250,000 bond stood, while $650,000 remains in settlements and is delayed. The city holds $650,000 secured by director bonds, and the state $39,000, backed by $100,000 in bonds.
MENTIONED IN THIS ARTICLE
Carnegie Trust Company
New York
Joseph G. Robin
Canegie Trust Company
Federal
United States District Court
Leslie M. Shaw
Treasury Department
Seventeen Bargemen Drowned In Provincetown Wreck
Seventeen men drowned when three Reading railroad barges wrecked off Provincetown Massachusetts while being towed by the Lukens lifeboats helped the crews, with survivors saying seven men were on one barge and five on each of the others. The last two went under at about 10 a m as they clung to rigging on the afloat barge.
MENTIONED IN THIS ARTICLE
Provincetown
Mass
Reading Railroad
Lukens
Peary Tells Naval Committee Of Pole Discovery
Commander Robert E Peary presented the House naval committee with proof of his pole discovery. He described the final dash detailing the distances run by his party over five days and stated the pole was reached on April 6 and left on April 7 with a northerly gale aiding the return.
MENTIONED IN THIS ARTICLE
Washington
Robert E. Peary
House ‘Naval Committee
Pole
Peary
National Geographical Society
Niet
Senate panel backs Panama Canal control and private lines
The Senate committee on interoceanic canals adopted amendments to the Mann bill to govern the canal zone and regulate the Panama Canal. A key change, led by Chairman Flint, seeks to encourage independently owned vessel lines and tasks the president with setting canal freight and passenger rates from 50 cents to 1.50 dollars per net ton.
MENTIONED IN THIS ARTICLE
Washington
Senate Committee On
Taft Reprimands Sims Over Foreign Speech
President Taft orders a conspicuous reprimand for Commander Sims after his "last drop of blood" speech offended Germany. Taft directs the secretary of the navy to restrain naval officers from insidious foreign comparisons and to emphasize friendship in public comments.
MENTIONED IN THIS ARTICLE
Washington
Taft
Secretary of the Navy
Sims
Germany
Meyer
Spokane Chamber Invites Governors to Annual Meeting Banquet
Spokane leaders invite governors of Washington Oregon Idaho Montana Wyoming and California to the January 17 meeting at Masonic Temple and pledge regional cooperation. They also invite Theodore Roosevelt to visit Spokane during a northwest tour next April.
MENTIONED IN THIS ARTICLE
Spokane
Wash
Spokane Chamber of Commerce
Frank R. Culbertson
W.S. McCrea
Washington
Oregon
Idaho
Montana
Wyoming
California
Masonic Temple
Particul
Chambers of Commerce
Legislature Convenes as Bills Roll In in Helena
Helena January 9 legislative session opens after a two day recess with twelve House bills including a state chemist office at 6000 yearly. Senate confirms J B McDermott as state coal land inspector as committees chairmen are named for the session.
MENTIONED IN THIS ARTICLE
Helena
House
Senate
J. B. McDermott
McCone
Stock Board
Whiteside
Carey
McDowell
Wheeler
Silver Bow
Crouch
Blackburn
Nolan
Kammerer
Baker
McQuitty
O' Hern
Moore
Fish and Game
Owenhouse
Ilages
Herbold
Binnard
Woody
Dobell
McMurray
Donohue
O’flynn
Cascade
Gillis
Byrnes Labor
McNally, Silver Bow
Bayes
MacDonald
Martin
Tuttle
Johnson
Lissner
Journal— Reel
Duffy
Kert
Grubb
Kirschweng Conservation of Resources
Berry
Alley
Albridge
Whaley
United States
Thomas H. Carter
T. J. Walsh
W. G. Conrad
George M. Bourquin
William Lindsay
Charles N. Pray
Thomas Swindlehurst
B. F. White
J. W. Speer
J.G. Baer
Carl Rasch
D. B. Law
O. F. Goddard
Alexander Livingston
M. J. Humphrey
Thomas Marshall
Henry C. Smith
John Hayes
Col
Thomas McTague
W. F. Myer
Butch Cassidy linked to Montana train and post office raids
A Bozeman report states Glenn Henderson confessed to December post office robbery at Logan. He claims his companion John Davis is the famed Butch Cassidy, tied to multiple Western crimes. Officers compare Cassidy's description to Davis and plan federal handling with jail security precautions.
MENTIONED IN THIS ARTICLE
Bozeman
Butte
Butch” Cassidy
Smith
Butch
Montana
Glenn Henderson
John Davis
Logan
West
Henderson
Davis
Kid" Curry
Cassidy
Monarch
Wyoming
Governor backs direct primary and recall push in Kansas
In Topeka on January 12 Governor Stubbs urged legislators to enact initiative and referendum and recall and to elect national convention delegates by direct primary. The scene notes many Canadian Pacific trains stalled by snow with the railroad paying $1,500 daily to feed stranded passengers.
MENTIONED IN THIS ARTICLE
Topeka
Stubbs
la Follette
Wall Street
Canadian Pacific
Cannon Overrules House Rules In Profit Fight
In a January battle on the House floor Speaker Cannon overturns the Norris March ruling that the House may amend its own rules at any time. Gaines of West Virginia appealed the chair’s decision. a roll call sustained Cannon. The revolt among insurgents seeks to discharge the Rules Committee as regular Democrats back the opposition.
MENTIONED IN THIS ARTICLE
Washington
House
Cannon
Norris House
Gaines
West Virginia
Committee On
Committee On Rules
Strong movement forms against Mormon activity in Liverpool
A strong movement led by the bishop of Liverpool and other church leaders has begun to curb Mormon proselytizing. At a large meeting, resolutions were passed urging Home Secretary Winston Churchill to act, mirroring German measures against the sect.
MENTIONED IN THIS ARTICLE
Liverpool
Home Secretary
Winston Churchill
Germany
Proposals Move Toward Free Trade Hurt Us Farmers
An American Economist analysis notes bills in the House aim to remove tariffs on food and meat, funded by leading Democrats. It argues this “free food” push undercuts farm protection, forecasting it as a trend shaping future Democratic tariff policy and challenging lawmakers to heed district demands for protection.
MENTIONED IN THIS ARTICLE
United States
House of Representatives
Congress
House
Bill would give Montana a second U.S. representative
A new apportionment bill introduced last week could grant Montana a second seat in Congress if passed. The measure enjoys backing from the census committee.
MENTIONED IN THIS ARTICLE
Crumpacker
Montana
United States
Census Committee
Dillon and State Fair Dates Set at Helena Meeting
County fair secretaries in Helena announce Dillon Fair dates August 8 to 10 and State fair dates September 25 to 30.
MENTIONED IN THIS ARTICLE
Helena
Dillon
Japan Admiral Says Taft Erred on Panama Fortifications
The state department reports concern over a Japanese admiral's statement that President Taft erred in planning to fortify the Panama Canal. The remark sparks diplomatic attention and calls for clarification from Washington.
MENTIONED IN THIS ARTICLE
State Department
Taft
Panama Canal
Sun Seen as Variable Star by Smithsonian Observation
Smithsonian Observatory on Mt Wilson California reports sun as a variable star with radiation variations from 2 to 8 percent. Separate notes mention a Cincinnati Chamber of Commerce building fire on the 11th causing nearly a million dollars in losses and six deaths. Other items note U.S. Senator Stephenson of Wisconsin facing election questions over bribery and a claim that millionaire Schenck may have been poisoned by prescribed medicine.
MENTIONED IN THIS ARTICLE
Smithsonian Observatory
Mt. Wilson
Calif
Chamber of Commerce
Cincinnati
Millionaire Schenck
Also Mentioned on This Page
Horm Averts Dancer
NEW York Bank
Naval’ Committee
Pres
Carter—Donlan
Dunnigan
Edward
Kessler
Leighton
McDonnell
Selway
Survant
Tooley
Walsh
Dearborn
Duncan
Groff
George
Leary
Muffly
Stout
Conrad—Cockrell
Gallwey
McCarthy
Burlingame
Christopher
G. M. Bourquin
Canraw
Swindlehurst
Everett
Pray
Larson
J. G. Baer
Rasch
Sykes
Lindsay
Carter
Bernard
Blake
Burt
English
Gray
Hewitt
Hickey
Holt
Holter
R. J. Moore
Nelson
Paul
Ralston
Roberts
Rodgers
Schwartz
Slayton
Story
Swick
Williams
Ashbridge
Berry Binnard
Byrnes
Law
Mt Quitty
O'Hearn
Owen
Silver Bow County
Edward O'Flynn
Joint Legislative Committee
Amalgamated Copper Company
Supreme Court
Knights of the Grip
U. S
Conrad
Broadwater
Bell
Yellowstone
Judiciary
Silver
Nolan, Lewis and Clark
Pal
Obber
Joseph Cannon
Census Bureau
City
Anaconda Coe
Billings
Livingston
Missoula
Stephenson
Wisconsin
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