Relief Quickened as Treasury Certificates Cut
Government moves to reduce treasury certificates, aiming to ease debt pressure and boost funding. Officials cite accelerated fiscal relief and a faster pace for public borrowing adjustments.
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Newspaper
Graham Leader
Location
Graham, Texas, United States of America
Date
Dec 05, 1907
Page
7
Government moves to reduce treasury certificates, aiming to ease debt pressure and boost funding. Officials cite accelerated fiscal relief and a faster pace for public borrowing adjustments.
Washington reports show a confident mood in banking and Treasury circles as the government confirms plans to issue up to 150 million dollars in new securities. Panama bonds will be issued to the full 50 million while one year notes may total 25 million. Currency actions may shrink some prior estimates due to ample available money. In New Orleans the stock exchange will reopen trading after weeks of closure, resuming with state and levee bonds and expanding to many former securities.
Terrell December 2 A A Bouis in charge of the dining room of the male annex was attacked by a Mexican patient at about 5 PM yesterday and stabbed in the neck with a large bread knife. The wound began under the right ear and extended several inches. Bouis, about 26 and long a resident of the county, lay gravely wounded with scant hope of recovery. The assailant, who had escaped weeks earlier, cut back of his own accord. Institution heads had been debating discharging him as cured.
In St Louis Missouri a $250 reward leads to new information about two packages containing $85850 received Friday at the relay depot in East St Louis for the Pacific Express. The money clerk Thomas A O Connor, twenty four, who handled the funds, cannot be found.
A blaze in Houston caused about 400000 in damage last night, consuming a block between Main and Preston Streets. The fire wiped out the Houston Theater office building Sam Company’s store Fredericks Sweeny jewelry shop and many offices with libraries and furnishings. The Dunne, Pillot and Opera House buildings were destroyed.
Complete returns from 34 of 37 Williamson County boxes show antis leading by 875 after 4761 votes cast. Antis 2658, pros 2183 in Saturday election. results from remaining boxes unlikely to alter the outcome.
Phillips Packing Company completed negotiations to buy land and will construct an independent packing plant in Oklahoma City at a cost of 100000 dollars.
Washington Dec 3 The Sixtieth Congress opens with the Senate convoning at noon. Vice President Fairbanks presides as Rev Edward Hale prays. Senator La Follette presents Isaac Stephenson Wisconsin credentials while Bankhead and Johnston await deaths of Morgan and Pettus. Tulsa Oklahoma picks up two seats? (Note: S should be concise. adjust to factual only.)
Guthrie Oklahoma lawmakers perfected the organization of the first State Legislature with each house finalizing its details. Messages exchanged between the House and Senate and delivered to the Governor in under four hours. A joint session heard the Governor’s address delivered in person Monday night.
Austin reports that practically every railroad in the state will need new equipment over the next three years. The railroad commission has issued orders to thirty three roads, including most of the larger systems, and more orders are expected for about thirty more roads once a quorum exists.
The Pension Bureau completed sending war warrants to Confederate pensioners. About 8000 warrants were issued in this quarter, the highest number for the department in a single quarter. The new quarter starts January 1, 1908, with an expected increase of at least 500 warrants over the previous quarter.
Paris reports the death of the wife of R M Miller station agent for the Texas and Pacific. Her body was found under the house after a two and a half hour search when Miller returned home to find her missing. An inquest by a Justice returned a verdict that death was caused by carbolic acid.
In San Antonio a 25 year old man named Brown struck and fatally wounded Special Officer Miguel Cantu at a street corner merry go round. Brown then killed himself by shooting himself, dying instantly. The incident followed Cantu's order to disperse the crowd of women and children near the ride.
Cameron intends to install a sewerage system. Details on scope, timeline, and approvals are not provided in the fragment.
Washington November 27 William J Bryan spoke at a banquet and reception by The United Democracy of the District of Columbia with about 500 attending the $3 dinner and over 1000 at the reception. He contrasted Roosevelt policies with Democratic aims, praising four sought reforms and criticizing four he said were undemocratic, while noting additional Democratic planks not backed by the President. He argued for tariff reform direct senatorial election Filipino independence and limits on injunctions in labor disputes, while accusing the President of endorsing interstate corporate power treaty meddling with state rights ship subsidies and an asset currency along with a growing military stance.
In Louisville Kentucky a 750 worker strike against Louisville Railway Company was called off by a Tuesday morning vote. Workers offered no conditions and acknowledged defeat while company officials announced they will hire approved applicants who were not involved in violent acts during the strike.
The Pension Bureau of the Comptroller's Department will complete sending pension warrants to veterans statewide by week end. About 8000 warrants will be issued this quarter, the largest number yet for a single quarter, and nearly 500 applications have already been received for the next quarter.
In Chicago Illinois within the past month live hog prices slid about three dollars per hundred, yet fresh meat prices remained largely steady. Packers released a new price schedule with pork loins dropping from 15 1/2 to 12 1/2 cents, green hams down to 6 1/2 cents, and cured hams decreasing to 7 1/2 cents per pound.
The main building of the State Colored Agricultural and Normal University at Langston was wiped out by fire early Monday. Only part of the equipment was saved. Postmaster Hiram Graham of Judkins says reports that Judkins is on school land and must move are false. It is also announced that Ye Rural football receipts for the season will require about $80,000.
Rangers confiscated whiskey at Alvord last week while Cody Wyoming faced a devastating fire that wiped out the town. McLennan County gins work to clear cotton remnants, Dallas merchants plan holiday street illumination, and Waco launches a campaign against deadbeats and loafers. In Waterbury Connecticut a weight train struck a trolley car killing five and injuring six.
State Senator R. N. Stafford of Mineola has retired from politics and will pursue a banking career, marking a transition from public service to finance.
Notification reports a post office robbery at Oran Palo Pinto County with $100 in money and stamps taken. Local authorities investigate the incident and seek information about suspects or further leads.
The State Treasurer started cashing warrants on Friday and the outlook is that the state will have ample cash to meet all demands with cash on hand.
The Attorney General's Department has approved a $46,000 issue of Howard County court house and jail bonds, they being ten-thirties, bearing five per cent.
Thirteen Cotton Belt cars derailed two and a half miles west of Omaha on Friday, eleven loaded mainly with lumber. No injuries were reported.
Pauline Beck Hohes, corresponding secretary of the Reagan Monument Association, is urged to help raise funds to build a worthy monument to the great Texan.
Floyd Johnson, son of J T Johnson, ranchman of Coahoma, accidentally shot himself in the foot with a 38 caliber Winchester while hunting. The incident involves a minor and occurred on a local property, with no further details of injury or aftercare provided.
Texas regiments in infantry will drop from four to three as the Texas Guard undergoes a reorganization. It is not yet known which colonel among the four new commanding officers will be removed from duty.
Lee Cooper a Pullman car porter on the Iron Mountain line between Texarkana and Memphis for fifteen years died at his Texarkana home from carbolic acid poisoning. The death is reported as the result of an illness and the coroner is notified. Cooper was well known in the railroad community and his passing is noted by local residents.
Despondent over ongoing ill health Mrs. C. H. Wilkins of Lambert Mississippi used a revolver to shoot herself in the head early Friday and died almost instantly, authorities reported in a brief death notice.
Ongoing rains have stalled freighters between Ozona and San Angelo causing a threatened food famine as shipments fail to run. The disruption endangers supplies and local markets amid persistent wet weather.
Thief entered the J N Protho store at Big Sandy through a rear door during a drizzle Thursday night and stole goods valued at least $200. The incident involved a retail grocery store and ongoing weather.
Bahia dispatch announces the capture of Sebastian Magilli famed chief of soldiers of fortune who planned the conquest of Minas Gerees. His lieutenant Gordon was also captured in the operation.
A Pensacola jury returned a verdict in the case of Thomas Graham and J B Graham prominent naval stores operators of South Alabama charged with holding Jim McCants a Black man in peonage.
Judge W W Murray of Huntington Tennessee a prominent Republican in the state has died. Born in Georgia he served in the Union Army during the Civil War.
Dr H W Brown of Waco one of Texas' oldest physicians and former president of the Texas Medical Society, and former vice president of the American Medical Society, died last week at age eighty.
The North Texas Teachers Association opened its twelfth annual session Friday at 10 o clock in the First Baptist Church of Terrell with President F B Hughes presiding.
The Land Office will distribute around December a list of lands now on the market and unsold and unleased. The list will include lands that will come on the market due to lease cancellations.
Washington reports Congress man Burleson will introduce four measures after Congress convenes to aid cotton planters. The bills include a quinquennial census of cotton acreage, a uniform standard of cotton classification, a prohibition on trading in cotton futures, and a prison penalty for premature crop statistics disclosure. Secretary Wilson supports a similar crop data measure.
A Fort Worth, Texas streetcar jumped the track and overturned near Vickery Boulevard. One man, Charles C. Gibson, was killed. five to six passengers were seriously injured. The car carried crowds from Glenwood to matinees and a football game, with Conductor C L Maxwell and Motorman A D Mitchell in charge.
Seven men die and two fatally injured in a two story rooming house at 1102 Union Avenue after an early morning gas explosion. Victims burned beyond recognition, identities may not be established. The house housed transient white railroad laborers.
In West Chicago Kohl's saloon three desperadoes robbed Henry Kohl and four customers then forced the victim into the icebox and started a phonograph to drown the cries. The robbers taunted an unsuspecting iceman on the street corner as they escaped while the saloonkeeper and patrons shouted.
Eleven cents per pound was paid for cotton at Hearne last Friday with about 1200 bales sold to cotton buyers. Much of the crop remains in farmers hands seeking higher prices.
A roundup of brief items: Beverly, Mana. joins the Galveston plan for city government. Coolidge precinct votes Prohibition yes by 111. Eagle Lake Bank reopens solvent after suspension. Weevils killed in Red River County cotton. Praetorian building in Dallas due March 1. New Orleans Times-Democrat projects 1907 cotton at 11,665,000 bales. New Jersey to use electrocution for capital punishment December 9. Kaufman County singing convention set for December 28-29 at Rose Hill. Ardmore fire destroys Bitzler store and Alexander Hotel. loss $25,000-$30,000. Mad dog bites two children in San Antonio. Fort Worth Show draws 3000 entries including a 60-pound turkey and a $1000 fox terrier. Silsbee knife fight leaves Jackson paralyzed. Cushings boys killed and injured by a target gun accident. bank cashier Will F. Woods jailed. Dallas death at Elm and Preston. Kansas City, Mexico and Orient Raillet rail contract. gap remains to Red River. Assistant AG says country clubs need no liquor license. Kentucky teen Melvin Powell kills his sweetheart then flees. Denison boy dies after accidental 25-caliber pistol shot. Williams Norwood, football captain, dies from injuries. A national university in Washington backed by government considered. Mrs. L. Harris found dead near Terrell. husband away. pistol near body.
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