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Newspaper
Humboldt County Republican
Location
Humboldt, Iowa, United States of America
Date
Dec 29, 1905
Page
1
A trio of John R. Walsh banks including the Chicago National, Home Savings and Vaultable Company, were liquidated after an inquiry. The local clearing house guarantees full payment. The crash involves 26000000 dollars in deposits, with losses borne by officers and stockholders. Despite the collapse, confidence remains as examinations show securities worth more than initial estimates.
Frederick Landis voices strong maiden speech challenging big life insurers and financiers as a state bill paves how inter state commerce commission may adjust charges. Dolliver bills tariff cuts pass while Panama nominations face reconsideration. In Russia, six hundred slain in Courland clashes as general strike spreads. Moscow paralyzed. St. Petersburg braces for siege amid revolutionaries push. Cossacks killed 100 in Tu kum. Chinese order arrests of Shanghai rioters to restore order.
Edward H Harriman testifies before New York Legislative Insurance Investigation Committee saying he has taken no steps to act on threats against Thomas F Ryan. He claims Gov Higgins and late Speaker Nixon kept him posted on Albany actions. Investigation charges that smaller life insurers assets were manipulated to cover losses and loans on worthless securities.
Secretary of State D H Storms of Indiana faces a $77,000 shortfall needing bondsmen and friends to cover debts. A Chicago bakery closed shop push risks bread shortage. Andrew Carnegie pledges 5 million to enlarge a 10 million teacher relief fund. A fire at the Verbeck theater in Lorain, Ohio cost lives. Mrs Lashaway and relatives killed by a storm wreck at Weston street crossing. Colby State Bank robbed for 4500 with loot recovered. John A Burbank former Dakota governor wed in Richmond then struck by paralysis.
Troops flood St Petersburg streets as revolution spreads from Moscow to the Baltic provinces. Martial law in Moscow. 10,000 revolutionaries under arms in Kharkov. strikes and factory seizures ripple through Riga, Tallinn, and Petrograd with heavy clashes, executions, and mass arrests reported amid a widening civil conflict.
A hurricane like rain and windstorm hit Wyoming valley on Thursday, killing one person in Wilkesbarre and causing extensive damage to stores, streets, and infrastructure. A large scaffold at Laflin colliery collapsed, crushing a laborer, while a section of the Murgas Wireless Telegraph tower suffered a 6000 dollar loss.
Iowa City readers report on the Lowden Prize oratorical contest. A preliminary round will select Iowa State University’s representative for the Frank O Lowden prize, with a final at Oberlin College in May. More than a dozen contestants are listed, including L G Atherton, J N Baird, F J Cunningham, L C Jones, and L A McIntosh, among others.
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