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Newspaper
Indiana Evening Gazette
Location
Indiana, Pennsylvania, United States of America
Date
Jun 08, 1905
Page
1
A historic warning on bank losses driven by fraud and defalcations, urging bank directors to resist private gain and to fulfill sworn duties. It argues that failures stem from mismanagement and temptation, and that legal and moral obligations require directors to diligently oversee funds and comply with the law to prevent ruin.
Reports from Washington say preliminary peace negotiations between Russia and Japan are underway. President Roosevelt is seen not as mediator but as the friendly channel of communication. A cable from Count Cassini to Count Lobanoff is cited as a possible offer of goodwill and messages reach diplomatic circles in St Petersburg.
Washington June 8 Alice Niesen gains the title Baroness de Vorts Salmo wife of an Austrian nobleman pleaded guilty to stealing laces from Mrs. William Sater where she worked as a maid Sentence suspended on recommendation of District Attorney Beach She is suffering from advanced consumption and had no counsel but a man claiming to be Baron de Vorts Salmo spoke for her to district attorney about pleading guilty
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