The Present Panic and Gold Standard Theories
A critical essay from the Atlanta Constitution on Wall Street turmoil and the gold standard. It argues there is not enough money to sustain prosperity, critiques various expert theories, and warns that consolidation of financial power could curb industrial growth and trigger wider economic distress. It cites historical panics and stresses the role of trust company capitalization in future risks.
MENTIONED IN THIS ARTICLE
Atlanta Constitution
Wall Street
Stock Exchange
Pelgs Pete
Cordage Trust Company
Coxey
Well Street
Wall Street turmoil risks higher money demand and borrowing strain
The fall in securities values tightens credit for the metal area and depresses borrowing, with banks unlikely to sustain current loan practices. If money flows resume, the outlook could change, but liquidity remains scarce as New York's demand for funds pressures values. The piece notes gold standard skeptics voice caution while urging caution and external reporting from the Atlanta Constitution.
Trade Review Impostura in Dun & Co December 23
A Dun and Co trade review argues the Wall Street panic was the result of overextended prosperity. It claims stock overvaluation and a solvent economy caused creditors to fear loan contraction, with Standard Oil and gas trusts cited as provoking money stringency to force asset losses.
MENTIONED IN THIS ARTICLE
Dun & Co
Wall Street
Standard Oil Company
Amsterdan Gas Company
Lost Prop The Trusts Boom Threatens Prosperity
The Louisville Dispatch attacks the phase of trusts described as organized for speculative profits. It argues consolidation should lower costs and reflect real value, but warns watered stock and inflated gains rob the public. The piece calls to throttle the dragon of the trust movement.
MENTIONED IN THIS ARTICLE
Louisville Dispatch
Death of Organized Labor at AFL Meeting in Detroit
At a Detroit AFL gathering the claim was made that territorial expansion threatens organized labor. The speaker warned that blending cheap Malay and Hawaiian labor into citizenship would erode labor unity, hinting at further undermining effects on organized labor.
MENTIONED IN THIS ARTICLE
American Federation of Labor
Detroit
Labor and political dangers in federation critique
The federation brands trusts as agents reducing citizens to workers and predicts the middle class will vanish. Max S Hayes warns workers will dominate government while philotocrats fade. He laments militarism, financial centralization, and loss of individual rights, urging united opposition to expansion across party lines.
MENTIONED IN THIS ARTICLE
Federation
Max S. Hayes
Republican Party
Democratc
Foreign proper labor and slave contracts in immigration
The piece argues the Democratic stance opposes foreign labor to protect American workers. It cites a Chicago Tribune claim that Italians Austrians and Chinese enter on slave contracts under officials, with examples like 270 Italians in Avon under one man, earning little and housed poorly. It condemns Republican leadership as unable to govern and criticizes Philippine policy and McKinley re-election aims.
MENTIONED IN THIS ARTICLE
Democratic Party
Italy
Austria
China
Chicago ‘Tribune
Avon
Jolo
Philippines
McKinley
Land and labor tensions in Hawaii prompt Gazette critique
The Hawaiian Gazette in Honolulu laments American land loss to Portuguese and Japanese settlers. It notes about 500 Japanese taking land in Kula and Makaowao, producing profits from agriculture. The piece argues Americans cannot easily compete and accuses McKinley era acquisitions of fueling speculation rather than benefiting citizens.
MENTIONED IN THIS ARTICLE
Hawaiian Gazette
Honolulu
Hawaiian Islands
Kula
Makawao
America
Gazette
McKinley
A Prayer for Mark A Hanna and Public Safety
In measured satire the item defends Mark A Hanna as a good man amid a church fair scene. It condemns sanctimonious piling on and jokes about potential public confession, contrasting respect for Hanna with a mock jail punishment for a pickpocket at a New Jersey revival.
MENTIONED IN THIS ARTICLE
Mark A. Hanna
Stnator
Hanna
New Jersey
Secre tary Gage’s Orange Address Attacks Banks
In Orange New Jersey Secre tary Gage declared that the government shields national banks while failing to trust them with even a dollar in its own fiscal operations. He quipped that the government’s patronage exposes a $2,000,000,000 pool of public money to banks, inviting distrust from such a high authority.
MENTIONED IN THIS ARTICLE
Gage
Orange
N. J
Population losses by emigration in 19th century Europe
England suffered mass emigration between 1832 and 1891, with about 14 million leaving the country. Germany also experienced large outflows, with around 5 million emigrants during the same period, reflecting broad European mobility.
MENTIONED IN THIS ARTICLE
England
Germany
Prayer not medicine ends in tragedy for young patient
Ethel Yates, 19, of Tabor Iowa, visiting in Council Bluffs, died from appendicitis after her mother rejected medical care in favor of Christian Science and a Omaha faith healer. Inquest opened. post mortem confirmed cause. Witnesses describe mother dismissing Dr. Bellinger and relying on James Carter to pray for healing instead.
MENTIONED IN THIS ARTICLE
Miss Yates
P. B. Yates
Tabor
James Carter
Driving Park
Dr. Bellinger
Yates
James
Omaha
Bellinger
Marion Woman Dies After Illness of Erysipelas
Mrs Frederick Beeler a longtime Linn County resident died at her Marion home after a brief illness. Born Nancy Dollarhide in Indianapolis on March 14, 1821 she married Frederick Beeler in 1837 and moved to Iowa. They farmed near Marion before his death in 1895. She lived with her children in California before returning to Marion where she resided until her death. She left seventeen children, fourteen surviving, eight sons and six daughters. all living children attended the funeral.
MENTIONED IN THIS ARTICLE
Linn County
Marion
Frederick Beeler
Nancy Dollarhide
Indianapolis
Ind
Iowa
Shaw to Testify on the Ditch in Onawa
William Mac Farlane and H S Garrettson, county commissioners, appeared before the Monona and Woodbury counties board to discuss the Walk creek drainage ditch. P A Sawyer spoke for the commissioners. Carretson described marsh reclamation and land value gains from 8 to 30 dollars per acre. W A Blakesly opposed the ditch. The board postponed until January 16 when Governor Shaw, a major benefitted landowner, will attend to argue the necessity of construction.
MENTIONED IN THIS ARTICLE
W. A. Blakesly
Shaw
Death of a Prominent Colfax Man
George A. Goodrich a Colfax businessman and longtime Jasper County Coal Company superintendent died at his home after epilepsy caused by clogged blood on the brain. Stricken last March he gave up his post and lingered for a week after a final stroke. He was 54 and had been connected with the company for twenty years.
MENTIONED IN THIS ARTICLE
Colfax
Ja. Janu
George A. Goodrich
Jasper County Coal Company
Mr. Goodrich
Sioux City raids Covington to hunt murder suspect
Sioux City police and detectives raid Billy Nead’s Covington Neb residence near the Missouri border seeking the killer of John Robson. They uncover a tunnel, a hidden bed, and evidence of a violent gang linked to repeated indictments. Authorities warn of possible force if arrests lag.
MENTIONED IN THIS ARTICLE
Covington
Neb
Sioux City
Tan
John Robson
Dakota County
Nebraska
Billy Nead
Robson
Dr Don Macrae reports on Company L funds in the Philippines
Council Bluffs Iowa January Dr Don Macrae Jr surgeon in the Fifty first Iowa volunteers in the Philippines presented a detailed account of expenditures from the Company L hospital fund at a Woman's Sanitary Relief commission meeting. The report shows 2067 50 Mexican dollars sent for sick soldiers, 1751 01 spent leaving 316 49 Mexican dollars balance 153 24 in US funds. A check committee from the company was appointed by Lt Tinley and Privates Goss and Silverthorn.
Right of Way Settlement in Mansion Railroad Case
In Calhoun county Iowa a Rock Island railroad dispute with Mansion property owners over right of way was settled. Mrs. Mattie Swanson had $700 awarded but jurors raised it to 1400 before settlements with William Guedke William Winter and Dave Jones cleared pending suits.
MENTIONED IN THIS ARTICLE
Fort Dodge
Calhoun County
Rock Island
Right of Way Committee
Mattie Swanson
William Guedke
William Winter
Dave Jones
Johnson for President of State Agricultural Society
Rob ert Johnson of Humbokit is in the city and will stay through the State Agricultural Society meeting next week. He is vice president and a presidential candidate. Senator Harriman will retire yet back the plans. Johnson’s candidacy is the only one announced and fits the society’s tradition of seasoned leadership.
MENTIONED IN THIS ARTICLE
Johnson
Directory
Convocation at State University of Iowa with Gates speak er
In Iowa City on January 6 the second convocation, held in the armory, featured President Gates of Grinnell on the theme Demands Upon Home Schools. About 1,500 students and faculty attended, with strong interest and perceived value to the university. President MacLean announced Saturday visit times for students and faculty at his home and invited calls.
MENTIONED IN THIS ARTICLE
Fitate University
Iowa City
State University of Iowa
Armory
Gates of
Grinnell
MacLean
Fairs schedule set for southeastern Iowa exhibitions
Dates fixed by county and district fair directors for next fall with Louisa Van Buren Tipton August 21 to 24 Columbus Junction Donnellson August 28 to 31 Henry Iowa City Eldon September 4 to 7 Jefferson county West Liberty September 11 to 15 and Wilton Junction September 18 to 23.
MENTIONED IN THIS ARTICLE
Fulre
Fairfield
Iowa
Louisa
van Buren
Tipton
Columbus Junction
Donnellson
Henry County
Iowa City
Eldon
Jefferson County
Wilton Junction
Howells and the Wall Street link to the great American novel
A fragment notes WW D Howells linking the great American novel to Wall Street life and mentions the Philadelphia Record to be sold for the creditors of the late Mr Singerly. Auction value is quoted between 2.5 and 4 million dollars, signaling a strong asset amid financial rearrangements.
MENTIONED IN THIS ARTICLE
Philadelphia Record
Iate
Singerly
La Porte Texas A City Rising On Galveston Bay
La Porte on Galveston Bay, midway between Houston and Galveston, is hailed as a new star of Texas coast country. Public works expand with wharfs and water front facilities as the U S government plans channel deepening to handle the largest ocean vessels. Local pride centers on pluck brains and capital fueling the deepwater seaport project.
MENTIONED IN THIS ARTICLE
Texas
la Porte
Galvaston Bay
Houston
Galveston
U. S
LaPorte
Galveston Bay
Gulf of Mexico
REB
Ames Maclean
Chicnco
Catarrh Cure Promoted By Hall Companions
A newspaper note touts Hall's Catarrh Cure as a universal remedy for catarrh with a constitutional treatment. Proponents promise refunds for any case not cured and invite readers to send for testimonials. The Universalist church reports 1 003 parishes and 47 471 families, up about 1 200 families. Magnetic Starch billed as the best laundry starch, favored by Japanese mills for longer cotton staple.
MENTIONED IN THIS ARTICLE
LCO
Hall
Universalist Church
Also Mentioned on This Page
New York
Impostura
The
Territory OF Hawaii
Ethel Yates
Worman
Hood
Dad
Gad
Jaapanese Mills
Zou
Tay Koc Athartio
Mdriea
Sturor
Vara
Heddy
Krausers
Eabam Ouculisy
Emerad
AEH & Blo
Ibliten
Pas
Arnold
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