This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!
This newspaper page contains 36 articles. Subscribers can read the full text of each article.
Newspaper
Garland Globe
Location
Garland, Utah, United States of America
Date
Nov 02, 1907
Page
2
The Garland Globe lists subscription terms and prices for Utah readers with rates for one year six months and three months. Advertising rates are available by appointment and the editor and manager are noted.
A bank run at the Knickerbocker Trust company, New York City’s second largest financial institution, forced cash withdrawals totaling millions. Depositors lined up at main and branch offices as the bank suspended payments after depleting cash reserves, though officials claimed the firm remained solvent with sufficient securities and expected to reopen with payments resuming.
William Turnbull declares in New York City that a single man, though unnamed, has undermined the country credit system with public and private speeches. He cites Knickerbocker Trust Company collapse after a sharp loss of confidence, blaming a man ignorant of credit systems.
President Roosevelt spoke at the Nashville Auditorium promising to steadfastly maintain his legislative and executive policies for the remaining sixteen months of his term. He argued that his aims target dishonesty and did not admit the stock market trouble is due to his policies.
Banking conditions in the city are described as excellent with no failures and ample money in circulation. The report notes active crop movement and withdrawals increasing bank money, while delivery car shortages slow returns, but overall liquidity remains strong for all purposes.
Barbara Laponkhin daughter of Alexander Laponkhin ex governor of Heval and a Russian princess has disappeared in London. Russian embassy and Scotland Yard search. governess reports a note claiming Barbara is kidnapped and held in a northwest London cellar wounded and planning suicide. Mike Russell suggests revolutionary plot to reach her father.
The New York financial district signals the crisis is ending with no bank suspensions and a return to normal. An $18,750,000 European gold import for New York import appears, copper sales abroad rise, and stock securities rebound up to 4 and 6 percent.
After a major quake in Calabria, hundreds are killed and many more trapped as floods and ruined roads cut off communications with Rome. Rescue crews report about 600 dead and 200 recovered from ruins. Ferrazamo Brancaleone and Sinopoli victims buried. Prisoners in Cataxaro jail caused chaos during aftershocks.
French papers discuss the Wall Street crash as a sentimental shift rather than a practical crisis. Parisian financiers see American conditions as at the base of the New York downturn, blaming over speculation and improper finance methods. Some bankers warn Roosevelt has pushed too far, jeopardizing American credit.
President Roosevelt congratulated Secretary Conelyou on his handling of the financial crisis. He praised conservative business leaders for voting with wisdom and public spirit to restore confidence and credit, noting underlying conditions of national prosperity and the importance of honest dealing and steady enterprise.
A Rathdrum Idaho special notes that Saturday the Spokane Chronicle reports the Steve Adams homicide exhibits were turned over to Kootenai County Clerk J A Foster by Shoshone County Clerk Fairweather. Items include a skeleton alleged to be Fred Tyler, corresponding letters, clothing, a sack with canned goods, a hair sample, a picture of Tyler, and a ledger with numerous names shown at the Wallace trial.
William J. Bryan proposes a guarantee fund raised by taxing banks to handle sudden depositor demands in emergencies. He says bankers oppose the tax yet would resist such a plan. He does not expect a general panic in New York City and does not blame President Roosevelt for current conditions.
In St Petersburg General Maximoffaky, head of the prisons department in the Interior Ministry, was shot seven times by an unidentified woman who entered his private office after a routine reception. The killing is linked to terrorist actions against state officials.
Omaha packing houses cut meat prices by 10 percent on Monday and anticipate further reductions. Edward A. Cudahy of the Cudahy Packing Company believes prices for all commodities will drop as the current financial furor subsides, though he does not see conditions as serious.
Governor Sparks declared a five day bank holiday for Nevada. All Goldfield banks closed on Thursday in relief to local institutions as a bank run threatened Nye R & Ormsby Bank when hours ended on Wednesday.
Topeka Kansas B R Ripley president of the Santa Fe during the railroad's annual meeting gave an interview stating he is not a prophet yet sees conditions that suggest a coming check to prosperity. He warned that the economy seems poised for a pause after months of growth.
Passengers on the Central of Georgia train report a lynching in Byron where John Wilkes, accused of robbing two boys of 76 cents, resisted arrest. Marshal Johnson tried to stop him, but the mob dragged the prisoner from jail, shot him, and burned the body on a log fire.
Akron officials report the Dollar Savings bank closed by directors until after the funeral of cashier Fred Baron who shot himself. An investigation finds a $26,000 deficit and efforts to have city banks share in restitution. Sixty day notice is enforced on all savings accounts.
Speaker Joseph G. Cannon's bid for the presidential nomination began with a Monday meeting of fourteen Triota Republican congressmen at the Auditorium. They resolved to place Cannon in the race, and he replied with a noncommittal “Well, boys will be boys. Do as you please.” Five other Illinois congressmen, absent from the meeting, also back the effort.
Ute Indians once driven from Utah by threats to raid ranches have reportedly reappeared on the Cheyenne river reservation in South Dakota. At the Interior Secretary's request the War Department ordered troops from Fort Meade to the scene.
Four armed men with Winchesters laid in ambush at Pierce station to rob Joseph Arkwright the Crescent Coal Co paymaster of $16 000. Arkwright escaped by alighting from the train and driving to the mines. Officials say this was the second attempt in the company.
Grand jury accuses J. B. F. Rinehart former cashier of the Farmers and Drovers National Bank in Waynesburg containing ninety counts with seventy-one alleged false entries in bank books and currency returns. The bank’s failure implicated nearly $2,000,000. Eight months of efforts to reopen the bank failed.
The district attorney’s office obtained the first conviction in the 1905-04 insurance disclosures case. Dr Walter H K Gillette former vice president of the Mutual Life Insurance Company was found guilty of perjury in the third degree and received a mercy recommendation. The maximum penalty for this degree is ten years in prison.
Washington reports that no relations exist that would make it improper to send the American fleet into the Pacific. If such relations did exist, the ties with Great Britain and France would also forbid placing battleships in the Atlantic. The reply explains Japan did not protest the Pacific deployment.
A Japanese resident delegate urged Foreign Minister Hayashi to grant Japanese residents in the United States rights equal to those of other powers. Hayashi said immigration should be limited to 450 monthly, promised protection of Japanese interests, and stated he would seek equal naturalization rights and an amicable solution after M. Ishii's return.
Berlin reports the U S stock market turmoil is viewed as temporary. Berlin banks reassure clients that the crisis is passing and U S conditions are sound. A Holland financier in Berlin says now is the time to invest in American securities, urging clients to buy while prices are suppressed. European offers push American exchange toward 426, a rate noted by the Vossische Zeitung.
New Haven Conn The New York New Haven and Hartford company says more than two thousand steam system workers will be laid off with hundreds more in Rhode Island trolley service. Many improvement projects will be halted or cut back. The curtailment is indefinite and dependent on finances.
Senator Newlands of Nevada urged President Roosevelt to summon a national conference of all transportation interests in a bid to restore investor confidence. He spoke before the University Club in Washington after returning from a Mississippi trip with the President and the Inland Waterways commission.
Dr M J White of the United States marine service received a wire from Surgeon General Wyman at Washington authorizing fumigation of all vessels on Puget Sound including ferries and every ship large enough to hold a rat. The state board of health met and ordered county boards to enforce strict cleanup and vigilantly watch for suspicious cases.
Salt Lake has since 1890 remained stable with only two bank failures. Despite the 1903 panic and recent Wall Street turmoil, Salt Lake banks stayed open and were managed by conservative, public-spirited men, weathering financial storms for seventeen years.
Philadelphia detectives thwarted a bold robbery at the United States sub-treasury when two men sought to grab 15000 from bank runner P J Cronin. One suspect tripped the runner. both men were captured and the money recovered.
New York bankers faced pressure with several small institutions closing doors. Though not large enough to shift the overall scene, solvency remains, and downturns are viewed as temporary. Closures include United States Exchange Bank Harlem 600000, International Trust 100000, Borough Bank Brooklyn 4000000, Brooklyn Bank 1200000, Williamsburg Trust 7500000, First National Bank of Brooklyn 4000000.
London weekly papers debate the American financial situation blaming unsound methods. The Statist argues the issue is not American honesty but the temptations of widespread dishonesty. The Saturday Review says the crisis marks the bursting of the American bubble.
Governor Hughes on Friday received several tele grams urging a proclamation of a legal holiday to relieve the financial strain. He acknowledged them but gave no hint of intent, and there is little chance of an immediate decision on the radical step.
Paris reports a second Dreyfus affair after Enalgn Charles Allmo of the French navy is seized in Toulon on a spy charge and confesses to stealing a secret naval cipher. A Ven dome officer named Burton is later arrested for negotiating with a foreign agent to obtain military secrets.
Reports on King Alfonso's health are confirmed. The king, traveling incognito as the Duke of Toledo to London, will be examined by a tuberculosis specialist after an operation intended to halt the worsening symptoms of consumption.
We want people to find what they are looking for at NewspaperArchive. We are confident that we have the newspapers that will increase the value of your family history or other historical research. With our 7-day free trial, you can view the documents you find for free.
People find the most success using advanced search. Try plugging in keywords, names, dates, and locations, and get matched with results from the entire collection of newspapers at NewspaperArchive!
You can also successfully find newspapers by these browse options. Explore our archives on your own!
Browse by location and discover newspapers from all across the world.
Browse by date and find publications for a specific day or era.
Browse old newspaper publications to find specific newspapers.