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Newspaper
Fort Wayne Weekly Sentinel
Location
Fort Wayne, Indiana, United States of America
Date
Nov 20, 1907
Page
4
The Roosevelt administration and Secretary Cortelyou plan to issue treasury certificates up to 100 million dollars and sell 50 million in canal bonds to draw timid money into circulation. Experts broadly support the relief plan, hoping to restore confidence and restart business, industrial, and commercial activity to normal levels after the recent downturn.
Washington aid from treasury officials outlines strong evidence for the safety of deposits in national banks. Insolvencies from 1865 to 1904 show 438 failures with creditors recovering about 80.88 percent of proved claims and overall losses around 29.21 percent, while deposits totaled over 53 billion dollars. The piece notes expected presidential guidance on reforms, rail and currency legislation, and cautious support for rate agreement among major railroads under ICC supervision.
The fragment discusses forecasting the present financial situation and speculation about future interest, highlighting uncertainty and economic considerations without concrete data or decisions. It reads as a terse note on market expectations and potential impacts on investment strategies.
In The Commoner William J. Bryan declares readiness to be drafted as the Democratic presidential nominee if the party calls him. He stresses he seeks a mass call from the party rather than leadership by newspapers, arguing his enduring popular support makes his nomination essentially assured and the convention a ratification.
President Roosevelt will again advocate free trade for Philippine products in his annual message. He plans to assign most legislative duties to Secretary Taft under the tariff bill, continuing the earlier policy.
The measure to aid the Philippines faces lukewarm support in the Senate Philippines committee led by Senator Lodge and frank hostility from Senator Dick. Democratic opposition stems from fears about free sugar and tobacco imports hurting their states. Republican insurgents also oppose to protect beet sugar interests. The administration aims to push tariff revision but faces cross party resistance in both houses.
At a meeting in Indianapolis, Indiana brewers pledged to stop backing saloons and focus on beer manufacture and wholesale distribution. They aim to keep the saloon trade away from vice, support enforcement of the Nicholson law, and promote a higher standard of operators to reduce lawless dives and streamline compliance, though broad temperance tides may still resist.
The Geological Survey issues a report on earthquake impacts showing that no earthquake proof structure on a fault line is possible but well designed buildings away from the line can resist shocks. Poor municipal construction and weak masonry suffered most. reinforced concrete performed best, with concrete in general more satisfactory.
The text argues that cost cutting and showy cheap building methods fail in quake zones. It urges locating away from faults, tying masonry to framing, and using reinforced concrete with full header courses, diagonal bracing, and strong foundations for safe, unitary movement.
The government plans to issue 59 million in Panama canal bonds and year‑long treasury certificates at 2 percent. Banks would buy or hold certificates as reserves while using bonds as collateral for new circulation, aiming to restore public confidence and speed up repayment of clearing house certificates.
The same leaders who guided the Parker disaster oppose Bryan and back a conservative harmonizing candidate. Colonel Watterson is said to support the move. A famed prophecy from fifteen years ago about a distinguished Democrat nominating to walk through a slaughter house to an open grave is recalled, tied to a historic Democratic victory in that era.
A man who accused Generals Grant and Thomas and Admiral Farragut at the war’s outset retracts on Grant and Farragut but insists he can prove Thomas. He notes Thomas avoided joining the Confederacy and reflects on Logan’s Union service, saying Logan did notable fighting for the Union.
The article reports James J Hill refusing to sit at a banquet table with Tom Johnson in Kansas City and opposing public ownership agitation. It hints Johnson may become U S president and Hill regrets past scorn he showed toward the nation’s chief magistrate when he was Cleveland’s mayor and a modest magnate.
Indiana railroad commission begins inquiries to fix responsibility in railroad accidents and wrecks. An investigation cage is opened to ensure compliance with laws intended to protect human life on the rails.
Special Judge A B Anderson of the United States district court in Indiana oversees the ongoing trial of John R Walsh a Chicago banker in a matter detailing financial operations and legal proceedings.
A Chicago counsel argues that Walsh must be tried like any other defendant, demanding no special privileges or exemptions. The remarks emphasize that no leniency or unusual procedures should be granted in Walsh’s case, mirroring standard felony proceedings.
Brigadier General James Allen of the Signal Corps plans to open bids next month for the first two dirigibles of the Atlantic fleet. He will use the signal corps annual appropriation while awaiting Congress to provide 200000 dollars promised by Secretary Taft. Rapid aeronautics progress and a St Louis balloon carnival boost indicate dirigibles pivotal for training and military use. The forthcoming orders concern the latest model but smaller than future Army balloons.
Congressman Hull of Iowa notes a trend toward Roosevelt's forced acceptance of a renomination. He adds a qualified, compulsory phase that Taft managers might not embrace, yet the contingency gains weight as a probability after his cautious forecast.
The United States court of appeals held that a bankrupt who did not apply for discharge within one year of adjudication or within eighteen months if prevented from filing cannot obtain a discharge for debts listed in the prior petition after filing a second bankruptcy petition.
Secretary Taft sails straight from Vladivostok to the United States with no layovers or visits, skipping a planned meeting in England. His swift approach signals an expected flurry of activity upon arrival, including bypassing a longtime acquaintance, Kai ser, to focus on pressing business.
Promoters in Indiana align with Governor Hanly and suspend boxing activity. The governor had already earned a reputation for bold action, and his stance ends the sport for the moment as he moves to decisive measures.
The piece criticizes Mayor Hosey for following German alliance directives and portrays him as shining with coruscant obedience. It argues the alliance has few demands left and mocks the scene of sa loons conducting outdoor business as evidence of influence.
A lawyer for John R. Walsh calls him a poet of finance and a dreamer, while examiners review Walsh banks and uncover poems in blank verse amid matters of bust.
The defense follows the theme of emotional insanity and unwritten law as Mrs. Bradley stands trial in Washington for murder. The piece notes expectation of broader, nastier variations when the Thaw trial resumes in the near future.
The prosecution digs into the Walsh case with vigor in Chicago as Judge Anderson pledges a fair trial. The former high financier faces a potentially severe penalty unless he proves his innocence.
Geraldine Farrar denies claims quoted in Berlin that Americans were barbarians and devoid of art. She emphasizes the remark was not hers and a press agent’s antics are suspected to have distorted the report, yet her own statement appears accepted.
In state reform efforts the Fort Wayne brewers urge rapid changes to the saloon business, aiming for swift adoption without fear of excess.
The readable fragment mentions Sonia Fey in a brief context but lacks clear actions, events, or outcomes to form a full news item with distinct facts.
The article notes a second performance of the putrescent Thaw trial in New York, detailing the event and key moments as observers report on the proceedings.
The manufacturers' association and the big labor federation show little optimism about assembling large war funds to argue for an eight hour day. A calmer, less costly path toward an agreement on the issue seems possible.
The Indiana brewing community has resolved to reform the saloon trade, suggesting delays in action. The piece parallels a provocative remark by General Sheridan about the only “good” kind of Indian, highlighting public debate over temperance and morality in the era.
The text notes that opposition to a Taft third term spreads alarm among party factions. It states that the prospect of a third term worries several leaders, signaling a broader unease about continuing Taft’s influence within the party.
After debate over the Democratic presidential nomination, commentators suggest that a clear offer or statement from Theodore Roosevelt could reduce political maneuvering and save resources by signaling willingness to cooperate if needed.
Oklahoma enters the sisterhood as a dry state a fact some will say was not properly celebrated highlighting opposition from those with bibulous tendencies and the lasting cultural shift.
A Chicago ward is reported to have 60,000 residents and twenty bathtubs, prompting remark on the odd ratio and the apparent lack of proportion in the community.
A pithy line notes that a man with nothing to hoard has no one to blame for current business woes yet can console himself by his own reflection, emphasizing self blame avoidance and personal accountability in tough times.
A phrasing indicates Mr. Bryan has formally embarked his journey from Lafayette, now regarded as irrevocable and strict in its action. The wording suggests a decisive departure marked by formal steps and finality.
A major handicap for Governor Hughes is his lack of time to travel west and become acquainted, hindering his efforts and relationships with western communities and leaders.
Mrs C E Tomlinson, of Bluffton road, was seriously injured while helping prepare a surprise party at H J Malcolm 1331 East Pontiac Street. She fell head first into a dark pantry and down the cellar stairs, striking her head on the stone. A severe head bruise and a painful sprained knee followed. she was able to return home on Saturday. Her husband works at the Allen County infirmary.
Cooper issued a worthless twenty five dollar check drawn on Adams Steel and Wire Co. and on St John National Bank Joliet Ill It bore the endorsement forged and was passed to Frank E Purcell at the Randall hotel Nov 10 He cashed it and sent it to the bank but funds were never paid and the matter was turned over to police
The Chicago market opened weak due to northwest receipts and a soft stock market with December wheat down to 94 1/8 cents while corn and oats followed the trend. Pork and lard declined with closing prices for December pork at 12.45 to 12.56 and lard around 7.70. Toledo prices showed mixed opening figures for wheat and corn with December at 58 1/2 cents and oats near 49 1/2 cents as of the report.
Market notes from East Buffalo New York show receipts reaching 4 420 head with 1 000 destined for New York and a closing price about 10 cents lower. Sheep and lambs on sale total around eight thousand with a shade easier tone. cattle and calves listed with various price ranges and totals. Cincinnati market summary begins with hogs and mentions ongoing reports.
The report lists fluctuating prices for butchers and gyna pers with figures from 6.80 to 65.40, common goods 4.50 to 5.09, and Dek slow to weak. It notes fair to good shippers at 4.60 to 6.10, common 2.55, Sheep Market steady 2.25 to 4.75, lambs weak to 4.50 to 6.75.
Chicago on November 19 reported butter markets steady with daisies at 21 cents and Eyes Market steady at mark. Cheese markets held firm with daisies 13 cents twins 12.5 cents and young Americas at 13.44 cents. Poultry values listed as alive market weak with turkeys 14 cents and chickens 74 cents.
Barr Street Market lists cash prices for wheat at 95e bu and corn at 69 Tre bu, with butter at 17 to 23 seconds per pound and eggs at 2b6c per dozen. Wool, hides, and other items are quoted by S Bush & Co. and Weil Brothers, plus Hocking Valley coal prices and hay market rates. Multiple firms provide live poultry, butter, onions, apples, and potatoes quotes, alongside Maynower and Tresselt & Song textile and grain figures.
Notice to Curtis Harris a non resident defendant in Allen County Indiana that a divorce action exists in the Superior Court Sept Term 1907. He must appear or answer by December 24 1907 or the case will be heard in his absence. Attest Clerk Joseph N Mason seal. Heaton Yaple Attorneys for Plaintiff.
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