01 Aug 1912
Page 1
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Newspaper
Mitchell Capital
Location
Mitchell, South Dakota, United States of America
Date
Aug 01, 1912
Page
1
A statewide reader poll shows Roosevelt and La Follette supporters largely back the Huron convention stance while Taft backers largely oppose it. Among respondents, 100 of 104 Roosevelt/Lal Follette align with endorsing Roosevelt through Republican electors.
Shanghai authorities announce plans to create a government bank with a capital of 10 million dollars. Dr Sun Yat Sen and ex-Minister Huang Sing oversee arrangements to finance state projects and reduce need for external borrowing.
Industrial combines have grown to a total capitalization exceeding eight billion dollars, says John Moody, editor of Moody’s Magazine. He notes many industrials and tariff-linked firms are not counted as trusts. The federal report shows industrial capitalization around twenty six billion, with many small and nontrust concerns included. Moody argues trusts raise prices rather than lower them and credits tariff policy for growth, citing figures from 1902 to 1911 and noting only about 25 percent of eight billion represents original investment.
Good harvest season as Hutchinson county farmers expect wheat yields of 20 to 25 bushels per acre and oats 40 to 60, with corn showing later but aided by late rains to promise a bumper crop.
Maine residents recount multiple bull moose incidents with farms trains and roads. A bull roams fields near Holden and stalks a mowing machine. Another races a train on Bangor Express route then leaps into a meadow brook. A bull near Stackpole's yard tangles clothes on its horns and escapes along a river road. An observer values a moose at 400 dollars while fearing legal fines.
Aberdeen reports Barry Graham a young brakeman on the Milwaukee road sustained severe injuries in an incident on the line. Details of the accident and condition are awaited from railway officials.
New York City Wall Street sees old Standard Oil stock hit a $1,000 a share value after dissolution. The stock tops $675 a share previously, boosting total market value to $675,000,000. John D Rockefeller owns about 250,000 shares, increasing his stake value by $81,250,000 due to the Supreme Court ruling dissolving his trust.
Springfield South Dakota residents appeal to the state supreme court over a saloon license issue. A ballot printing error merged city and license tickets but a lower court ruling was upheld. County commissioners may refund unused funds if the supreme court reverses. Ira J. Smith and Rev. St B Hughes lead the effort.
One man killed and scores of strikers and strikebreakers injured in clashes at Victoria Albert and West India docks. East London hospitals report heavy casualties from the rioting.
In New York City, a widespread belief links the Dante cafe proprietor James Verrella's fatal fight to his alleged betrayal of gang members associated with Rosenthal. The report says Verrella's murder followed his aiding police in exposing police graft.
The prison plant in Sioux Falls, running at 10 000 pounds daily, cannot fill orders quickly and has advance orders for over a week. It has sold 250 000 dollars worth of twine this year and saved farmers about 50 000 dollars directly by lower prices versus outside factories. Indirectly, the low local price keeps trust twine cheaper, adding to farmers' savings.
Gen Salazar and rebel forces drive Gen Blanco and 1500 federal troops from Ojitos into the Sierra de Sonora after a two day clash. Reinforcements failing to arrive caused the setback, report says.
Voters weigh a plan guiding how electors should cast their ballots. The proposal outlines principles and potential allocations, aiming to influence the Electoral College path. Citizens consider constitutional implications and practical effects as debates unfold.
At a large Huron meeting July 30 the South Dakota Republican State Central Committee and candidates unanimously adopt a plan for voters to express their choice for president in November 1912. The executive committee is tasked to develop practical steps and electors pledged to carry out voters will. C G Sherwood chairs the new committee with M J Cheney Jacob Tschetter C N Henry C C Bennett Harry Lovald James Halley named. BH I Lampe elected treasurer. Watertown designated headquarters for the central committee.
Col Roosevelt denounces Taft men led by Dave Mulvane for seeking a writ of error in Kansas elections. He calls the effort a wicked attempt to twist the constitution to protect privileges against the people and says the appeal before Justice Pitney in New York is indefensible. He cites a White telegram on the Fourteenth Amendment invocation.
A Missouri progressive party state convention in St. Louis on September 3 will nominate a full state ticket. The 1,000 delegates will sign the nominating petition, placing the ticket legally in the field.
In Lincoln progressives and regulars held separate GOP conventions in a dispute over principles. Roosevelt progressives gained control, electing Gov Aldrich as chairman, while Taft supporters walked out in protest, signaling a dual ticket path for November.
Secretary of War Stimson asked Congress to separate Panama Canal legislation into distinct bills to avoid delaying other provisions over tolls for U S ships. He told the interstate commerce committee that building an operating canal organization could take a year, and without immediate funds the process could stretch to another year.
Delegates loyal to Taft and Roosevelt split the state convention, with progressive delegates seated and Taft supporters marching to the Lincoln hotel banquet hall. I. G. McGilton of Omaha named temporary then permanent chair, Gen. C. H. Culver elected state central committee chair. The new body can fill vacancies, signaling a potential second slate of nominees.
The Minnesota convention drew full district representation and aligned with Roosevelt after a strong Taft to Roosevelt shift. Delegates and electors were chosen for Chicago and the presidential race with Runquist of Duluth as the lone remaining Taft supporter. The platform endorsed direct primaries direct senatorial elections recall initiative and reform while backing tariff revision and a continuing tariff commission.
A magazine at the Austin powder works near Newburg exploded this morning in Cleveland, blowing several men to atoms and wrecking the plant. The blast disrupted nearby facilities and prompted emergency responders to evacuate and control fires. Local officials have not released full casualty figures pending aid summaries from the site.
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