Louis Gilbertson Arrested Over Hidden Bankruptcy Funds
Louis Gilbertson former Pearl Street shoe merchant, now bankrupt, is arrested after $5,000 to $6,000 of his funds were found in a Chicago safety deposit vault in a relative’s name. He testified he was penniless, pleaded before Judge Bald win and Sanborn in Madison, bonds set, case ordered reopened. possible prosecution.
MENTIONED IN THIS ARTICLE
Louis Gilbertson
Pearl Street
Chicago
Ill
Gilbertson
Sanborn
Cortelyou urges currency reform to avert panics
Washington report notes Secretary Cortelyou’s annual address blaming currency law insufficiencies and bank and individual hoarding for the panic. He calls for immediate remedial legislation, granting Treasury power to limit note retirements and to break up the central reserve banks’ huge reserves, distributing money regionally for faster access. Senate session adds Johnson and Bankhead credentials.
MENTIONED IN THIS ARTICLE
Washington, D. C
wWhouse
Cortelyou
Congress
Secretary of Treasury
Senate
Nators
Johnson
Bankhead
Alabama
La Follette Bill Seeks Railroad Property Valuation
Senator La Follette introduces a bill to direct the Interstate Commerce Commission to value railroad property nationwide. The measure is pressed with strong support and favorable sentiment. President Roosevelt endorsed it last summer and the bill has gained momentum as foes once blocked a Senate committee report by breaking quorum.
MENTIONED IN THIS ARTICLE
Washington, D. C
la Follette
Interstate Commerce Commission
Roosevelt
Indianapolis
Congress
Senate Committee On Interstate Commerce
Aoki Comments on Roosevelt and Pacific Fleet Tensions
Viscount Aoki declines to judge President Roosevelt, saying Americans misunderstand the strained relations claim. He notes Japan regards America kindly and that his recall does not affect fleet movements in the Pacific, calling the phrase strained relations a misunderstanding.
MENTIONED IN THIS ARTICLE
Washington, D. C
Viscount Aoki
Roosevelt
America
Pacific
Japan
Harriman Sees Rich Era's Dawn
Edward H. Harriman head of a great railroad system sees signs of renewed public confidence across the nation. Mills that shut down after the first shock are reopening, and he believes the country’s business will return to normal soon.
MENTIONED IN THIS ARTICLE
New York
Edward H. Harriman
United States
Harriman
Mrs Sobeck Visit From Hokah Minn Guest of Sister Winslow
Mrs Sobeck of Hokah Minnesota visits her sister Mrs C E Winslow at 715 Pine Street for a few days sharing family time and hometown ties in a brief society item.
Civil War Rages in Goldfield Sparks Nevada Crisis
Federal troops are poised as Acting Secretary of War and Gen Bell prepare to move the Twentieth and Twenty second infantry to Goldfield. Governor Sparks reports miners in revolt and rioting follows Haywood led strike after Idaho court acquittal. Roosevelt orders Funston to hold troops ready for Nevada.
MENTIONED IN THIS ARTICLE
Washington, D. C
Sparks
Nevada
Oliver
Gen. Bell
Goldfield
Spark
Roosevelt
Gen. Funston
San Francisco
Funston
Twentieth
Twenty-second Infantry
Monterey
Angel Island
Presidio
William D Haywood
Federation of Iners
Idah
Haywood
Standard Oil leader breaks quarter century silence
Archibald, head of Standard Oil, writes in the Saturday Evening Post that silence was mistaken. He asserts the company’s policy, its fair commercial efforts, legitimate profits, and states Standard Oil owns one sixth of producing wells, about 75 thousand miles of pipelines, and a fleet of 72 tankers and 24 cargo steamers.
MENTIONED IN THIS ARTICLE
New York
Archibald
Standard Oil
Saturday Evening Post
Oil Trust
Standard Oil Company
Standard
Bank of Commerce in Kansas City Closed
Kansas City December 5 The National Bank of Commerce failed to open its doors with a notice stating it is closed by order of the board and in the hands of Bank Examiner Bradley. Presidents and vice presidents blame overextended cash and reserves as depositors face uncertain funds. two local branches also closed voluntarily amid fears of runs.
MENTIONED IN THIS ARTICLE
Kansas City
National Bank of Commerce
Bradley
W. H. Woods
Vninants
Union Avenue
Stock Yards Bank of Commerce
La Crosse Banks Report Strong Finances
La Crosse National Bank and Batavian National Bank report solid condition in the fifth quarterly call to the U S Treasury with resources above four million dollars. Local factories remain active, banks retain standard 25 percent cash reserves, and bankers say now is a time to loan money.
MENTIONED IN THIS ARTICLE
la Crosse
Batavian National Bank
la Crosse National Bank
United States Treasury
Washington
Knox Boom Launched At Banquet In Support Of Knox
A banquet in this city last night formally launched the Knox boom as the Pennsylvania delegation in Congress backed Senator Knox as Roosevelt's successor. Toastmaster Moore outlined Pennsylvania's claim to the nomination and introduced Burke, who spoke. Governor Stuart and Lieutenant Governor Murphy endorsed Knox with enthusiasm.
MENTIONED IN THIS ARTICLE
Washington, D. C
Pennsylvania
Roosevel
Joseph C. Sibley
Congress
Moore
Moore Then Caled Upon Mr. Burke
Gov. Stuart
Murphy
Knox
Martin Worked Lodge Members in Pittsburg Scams
William A. Martin of Pittsburg Illinois used fake Masonic and Woodmen pins to solicit arms from strangers and steal nickels dimes and quarters. Arrested by Detective John Taylor he pleaded guilty to vagrancy and received 45 days in jail. he had been briefly employed before the scheme and hoped to return to Springfield Illinois.
MENTIONED IN THIS ARTICLE
William A. Martin
Pittsburg
Ill
Martin
Brindley
la Crosse
John Taylor
Central Station
Springfield
Wisconsin
Havemeyer Dies After Indigestion at Long Island Home
Henry C. Havemeyer president of the American Sugar Refining Company and a leading sugar magnate died at his Merrivale country home near Commack Long Island at 2 o clock yesterday afternoon from an attack of acute indigestion.
MENTIONED IN THIS ARTICLE
New York
Henry C. Havemeyer
American Sugar Refining Company
The
Sugar Trust
Merrivale
Commack
Long Island
Knights of Pythias Hold District Convention in La Crosse
The sixth district convention of Wisconsin Knights of Pythias met in La Crosse at the John P. Linton lodge 27 quarters. Grand officers R. S. White and U. S. Burns presided as Bangor La Crosse and Galesville lodges represented. A page rank initiation from Bangor La Crosse and Galesville highlighted the gathering. A banquet followed and the new club rooms on the second floor near completion. Major John Stevenson was named club steward to oversee operations.
MENTIONED IN THIS ARTICLE
Knights of Pythias
Wisconsin
John P. Linton Lodge
Berger Building
Main Street
R. S. White
U. S. Burns
Milwaukee
New Lisbon
Galesville
Viroqua
Bangor
Tomah
Sparta
la Crosse
Grand Lodge
Lodeys
Stanley
Mondovi
John Stevenson
House Leaders Seek Simple Currency Remedy
Nebraskan plan gains traction as members debate simple currency reform. Leaders worry heavy interest schemes and the Bryan plan may be sidelined as support grows for a house backed remedy.
Currency legislation plan outlined by House leaders
Washington December 5 1907 subcommittee to be Fowler Prince Galderhead Lewis and Gillespie to draft currency bill in simple terms while letting Senate frame the measure. emergency circulation up to 75 percent with 7 to 8 percent tax and strict limits to deter misuse.
MENTIONED IN THIS ARTICLE
Washington
J. C. Weiliver
Fowler
House Committee On Banking and Currencys
Prince
Galderhead
Lewis
Gillespie
House
Senate
House Rules Committee
Treasury Department
National party conventions may shift from Kansas City
Republican leaders seek offers for next summer's national convention with Kansas City already named but not favored. Democratic planners consider moving Chicago’s hoped for venue to Denver as Joe Reilly cites Tom Taggart's circle confirming the possibility.
MENTIONED IN THIS ARTICLE
Washington, D. C
Republican National Committee
Kansas City
Indianapolis
Ind
Chicago
Denver
Col
Joe” Reilly
Tom”” Taggart
Democratic National Committee
New York Life Will Stay In Wisconsin Despite Laws
Madison Dec 5 The New York Life Insurance Company will remain in Wisconsin and continue its business under the new state laws. The decision follows a favorable interpretation of the so called obnoxious insurance statutes by the attorney general and contrasts with the New York Mutual's withdrawal.
MENTIONED IN THIS ARTICLE
Madison
Wis
New York Life Insurance Company
New York Mutual
Wisconsin
Weather forecast and cold spell across regions
The report notes a cold wave moving from the upper Mississippi Valley into the south and east, with freezing conditions reaching Jacksonville. Wisconsin and Iowa expect fair to mostly clear skies and rising temperatures, Minnesota similar conditions with warmer trends in the east, while the Pacific slope sees rain and the middle and north Atlantic states report light snow.
MENTIONED IN THIS ARTICLE
Northfield
Minn
Wisconsin
Iowa
Minnesota
East Portion
Mississippi Valley
East Gulf
South Atlantic
Jacksonville
Fla
Alberta
Mississippi
Plains
Pacific
North Atlantic
Also Mentioned on This Page
MR. Cortelyou
Aoki
National Capitol
Uncle Joe” Cannon
Pres.roosevelt
Vice Pres. Fairbanks
Houses of Congress
Fairbanks
Enate
Cannon
House of Representatives
House ‘of Representatives
Uncle Sam
Ers
Reign of Terror
Bank OF Commerce
K. C
Lacrosse
First National
Batavian
Knox Boom
MAN
Pittsburg, Ill
Havemeyer
Bryan
la Crosse Tribune
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