29 Dec 1896
Page 1
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Newspaper
Middletown Daily Argus
Location
Middletown, New York, United States of America
Date
Dec 29, 1896
Page
1
Economists from various regions gather in Baltimore for the th Annual session of their association. Delegates discuss economic trends, policy implications, and upcoming research agendas highlighting scholarly exchange and professional development.
Johns Hopkins lever building hosted the ninth annual American Economic Association meeting with Henry C. Adams presiding. Daniel C. Gilman welcomed guests as Adams spoke on how economics must align with jurisprudence and labor contracts, arbitration, and industrial rights amid evolving corporate power and public duties.
Washington reports the Anglo American arbitration treaty may be signed this week by British ambassador Sir Julian Paunceforte and U S Secretary of State Olney. The final dispute between the two nations was resolved and Lord Salisbury’s approval is anticipated. The treaty may go to the Senate soon after Congress reconvenes.
Reception in New Haven honored Capt Richard Peck of the New York and New Haven Steam Boat Line marking his sixty-eighth year in steamboating. Peck, born in Flushing Long Island, co-founded the line with C H Northam and Chester W Chapin of Springfield. He is 81 and longest-serving man in U S steamboat business. Notables including Tis Sun attended the event.
A major fire in Binghamton New York destroyed the county courthouse with only walls standing. Surrogate records were lost though the library survived in a fireproof vault. Fires also hit Washington and Boston sites with substantial lumber losses and injuries to a fireman.
New Haven reports the Winchester Repeating Arms company will send Henry Brewer to China as the first American firm to accept Li Hung Chang’s invitation. He will exhibit the Model 1545 Winchester army rifle and the Lee straight pull rifle to Chinese government circles and viceroys during the mission.
Albany December 2 Col Ashley W. Cole private secretary to Gur Mortons to be named state railroad commissioner to succeed Samuel A. Beardsley who resigned. Marvin Albany to act as private secretary remainder of term with Wood rit successor after January 1 salary 4000 dollars.
Senator Walcott met Major McKinley in Canton to discuss a bill on international bimetallism and the president elect’s plan to appoint delegates to a monetary conference. Western foes of silver and New York political movers weigh cabinet chances as McKinley entertains visitors at the White House plan rollout.
A Dublin meeting at the Mansion House aimed to draft a protest to Parliament against Ireland's taxation burden supporting the United Kingdom's imperial exchequer. Speakers included unionists and nationalists such as Archbishops Plunket and Walsh, and nationalist MP John J. Clancy.
Superior Wisconsin December 29 Officers of the Bank of Superior say all depositors will be paid in full after the bank closed amid a run. Henry S Butler has charge of affairs. The failure stems from weak business and large withdrawals after recent failures in St Paul Chicago and this city. Capital stood at 25000 with a 6000 surplus and deposits near 100000 including 13210 in city funds. Also Scandia bank in Minneapolis failed to open, founded by Mons Grinanger, with president Dr Sunde and last balance from October showing loans and discounts 189288 deposits 225223.
Leopold Schapp of New York and his attorney filed a formal complaint with the state department over Colombian actions against American shipping. They cite the seizure of the schooner George S. Whitford at Porto Cabello and detention at Colon on alleged contraband charges, noting other nationalities faced no similar action. Secretary Olney is expected to press for fair treatment and demand indemnity for the incident.
Albany reports from the state banking department detail the 40 New York City banks posting higher total resources of about 105 billion dollars and a significant rise in undivided profits. Depositors' claims grew to 112.7 billion, while loans and discounts climbed by 131 million, with a near seven million rise in cash and specie.
From Johannesburg reports American middleweight Mal McCoy defeated Billy Doherty of Australia in nine rounds for the middleweight title with £1000 stake and gate money to be shared. Doherty started as favorite while the bout was scheduled for twenty rounds.
A deadly landslide near Rathmore in County Kerry buries the Donnelly residence and seven children among at least nine dead. Cattle, pigs, and horses are buried, and the hill’s mass swept toward the Flesk river blocking the stream and darkening nearby buildings.
Rome Deeno The village of Santa Anna di Pelago has been annihilated by a landslide destroying 1113 holdings and leaving 130 families homeless in the region near Florence.
Lancaster Pa Dec 29 Arthur Lingard died aged 100 leaving a fortune of 2 000 000 and kin. He led a reclusive life yet followed science philosophy and theology. He bequeathed 1 208 000 to Joachim Quoomhaven his longtime companion and business associate. Remainder to friends nationwide.
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