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Newspaper
Durham Recorder
Location
Durham, North Carolina, United States of America
Date
Jan 23, 1895
Page
2
Durham newspaper items report a tax and legislative topics, a call for direct US Senate elections, debate on banking and interest rates, and tributes to Senator Vance. The page mentions the Sugar Trust ruling, the Hoge Trust, and a Patchogue hermit tale. Electric Bitters ad closes.
The Boston Herald notes wealth concentration as international, urging a progressive inheritance tax modeled on Australian and New Zealand methods. It argues estates worth 50 000 or 100 000 000 should face heavy taxation to slow perpetuation of large fortunes.
Over the three years ending December 31, 1892 American investments in Mexico totaled 845.11 million dollars, with English at 218.5 million. Americans led in railroads and mines, while English took greater shares in colonization land and mercantile ventures. Rail links with the United States boosted influence, easing distrust as Americans settled in Mexico and mining engineers moved there.
A local observer notes a sharp increase in the citys smoking tobacco trade. The remark quoted describes an outside travelers surprise at the growing activity and mentions an early Monday morning comment.
Mr Pearson the evangelist began a series of meetings at Chapel Hill on a Sunday. All churches in town will unite and lend their aid to the effort.
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