Aldrich Currency Plan discussed at South Dakota bankers meeting
Sioux City banker John J. Large outlined the Aldrich Currency Plan at the Group 4 meeting of the South Dakota Bankers Association in Mitchell. He described the Reserve Association of America as a federal fiscal agent with a 300 million dollar capitalization, 4 percent dividends, and branches across districts, aiming to prevent future panics and stabilize reserves.
MENTIONED IN THIS ARTICLE
Hill
L. J. Welch
W. M. Smith
S. G. Vessey
Wessington Springs
Robert Burns
Commercial Club
Mitchell
W. R. Ronald
Republican
Aldrich
John J. Large
Sioux City
First National Bank
Mr. Large
New York
Reserve Association
Association of National Banks
Revenge Is Sweet to Former Spouse of Hoe Claimant
In New York City, Mrs. Arius Johns sues the estate of Ashert Hoe for 30,000, seeking bond and claim to assets tied to the late printing press magnate. Executors will question Lewis F. Brown of Covington, Kentucky, who may testify about Brown’s former wife and her links to Hoe, amid other actions against the estate.
MENTIONED IN THIS ARTICLE
New York City
Lewis i’. Brown
Covington
Arius Johns
Ashert
Hoe
London
Justice Bischoff
Supreme Court
Brown
Johnson
Kentucky
Edward
Royal Box
William A. Peck
No. 165
Broadway
Johns
John
Wall Street
Margaret Johnson
Claude M. Johnson
No. 51
West Eleventh Street
Bureau Oat Engraving and Printing
Washington
Hoe Printing Press
Robert Hoe
Brunswick Square
Lewis F
No. 17
West Thirty-first Street
Arthur Johns
Robert S. Green
New Jersey
Bankers urged to back durable financial system in Congress
A speech urged creating a lasting financial system free from constant changes every few years. Bankers were asked to study the proposal and email Congress with featured recommendations for a conservative framework. They adjourned with goodwill after a productive day.
MENTIONED IN THIS ARTICLE
Congress
Falsely Impersonating Lover Accused of Extorting From Man
A court alleges a woman pretended to be enamoured of Mr. Hoe and schemed to accompany him in London and New York to coerce him into paying large sums. The case describes deceitful conduct aimed at financial gain.
MENTIONED IN THIS ARTICLE
Hoe
London
New York
Rainfall Freshens State Crops Across South Dakota
Rain fell across the state improving prospects for farmers after a long dry spell. In Huron and Aberdeen regions, steady showers aided crops and gardens, with western South Dakota also receiving beneficial rain and preparations for planting underway.
MENTIONED IN THIS ARTICLE
Deadwood
S. D
South Dakota
Issenhuth Shot in His Office by Suspect Tomsen
William Issenhuth state’s attorney was shot and slightly wounded in Redfield South Dakota by Wm Tomsen a young man whose sanity is questioned He fired three shots from a 38 caliber revolver hitting Issenhuth in the left hip Tomsen was seized by witnesses S A Black and A D Moore Issenhuth received treatment in Aberdeen the bullet location could not be removed by X ray surgeons from Redfield and Mellette County reported the assailant’s delusion about persecution by Issenhuth
MENTIONED IN THIS ARTICLE
Issenhuth
Tomsen
S. A. Black
A. D. Moore
Mellette
Aberdeen
Redfield
Riter Pitches Wonderful Game in 10–0 Victory
Vermillion S D university baseball beat Rapid City State School of Mines 10 to 0. Riter pitched a near no hit game through eight innings, with a ninth inning error breaking the no-hit bid. Next and deciding state championship game vs Brookings State College is set for next Wednesday.
MENTIONED IN THIS ARTICLE
Vermillion
S. D
State School of Mines
Rapid City
Riter
University
Brookings
Insurrection in Mexico Draws Foreigners to Defend Invaders
Reports from Juarez and border towns recount heavy fighting as insurgents gain ground. Foreign ambassadors plan a 5000-strong defense corps to shield noncombatants while Taft weighs not recognizing the insurgents. Casualties run high and federal troops retreat toward Hermosillo as Agu Prieta changes hands.
MENTIONED IN THIS ARTICLE
Mexico City
Mexico
Graft Trial Details Reveal $52500 Bribe Flow
Former councilman Charles Stewart testified in Pittsburgh on a graft trial, describing $52500 in cash received on Fifth Avenue and at the Hotel Imperial in New York. He said $7500 came from a mysterious partner. the man at the Imperial remains unidentified. James M. Young of the Second National Bank recounted Hoffstat’s calls about a $21000 bank loan for a depository ordinance. Hoffstat faces three indictments.
MENTIONED IN THIS ARTICLE
Stewart
James W. Friend
Hoffstot
Friend
Hoffstat
New York City
Mr. Young
Imperial
New York
E. H. Ingamin
Pittsburg
Fifth Avenue
Hotel Imperial
Select
Charles Stewart
Frank N. Hoffster
James M. Young
Second National Bank
Hill Predicts Big Harvest of Crops
James J. Hill of the Great Northern says crop grounds are in good condition with rains needed to extend the favorable outlook. Subsoil is germinating and farmers increasing cultivation. He doubts rail profits will spur construction despite rising tonnage and rail capacity needs a 15 percent yearly expansion to meet demand.
MENTIONED IN THIS ARTICLE
New York City
James J. Hill
Great Northern Railway System
Northwest
Hill
Merida Sunk Off Cape Charles by Admiral Farragut
A wireless report says the Ward line steamer Merida bound from Yucatan to New York was cut to pieces and sunk off Cape Charles by the United Fruit steamer Admiral Farragut. All 187 aboard were rescued by Farragut and the battleship Iowa, then transferred to the Hamilton. the Hamilton departed for Norfolk. The Farragut sustained a damaged bow.
MENTIONED IN THIS ARTICLE
New York City
Ward Line
Merida
Yucatan
New York
Cape Charles
United Fruit Company
Admiral Farragut
Iowa
Farragut
Hamilton
Norfolk
Laws From Last Session Sent to State Officers
Pierre South Dakota. The laws of the last session are printed and are being delivered to the secretary of state as fast as they are bound. New laws are sent from that department to county auditors across the state as rapidly as they are received. Within a few days every auditor will have copies for sale to citizens seeking to know the legislature's legal output.
Federal Leader Executed in Juarez Fetches Global Headlines
A grim report details Col. Chipas, a federal commander, captured by Yaqui that led to his execution after a reward offered by Tala mantes’ widow and daughters. The piece covers court martial threats for Navarro, Madero’s cabinet, and ongoing insurgent plans toward Mexico City amid chaotic border conflicts.
MENTIONED IN THIS ARTICLE
Douglas
Aziz
Col
Chipas
Col. Talamantes
Talamantes
el Paso
Texas
Federal
Juarez
Navarro
Mexico City
Mexico
Villar
Chihuahua
Madero
United States
San Antonio
Tex
Diaz
Francisco I Madero, Jr
Revolutionary Movement
Alfonso Madero
Torreon
Saltillo
Also Mentioned on This Page
Ust
South Dakota Bankers’ Association
Elks Club
O. L. Branson
A. G. Hill
Chamberlain
Soper
Cone
J. W. Bryant
Ethan
Ludwig Loevinger
Aurora County Bank
White Lake
R. J. Harrison
Citizens State Bank
Lane
J. J. Lahey
Mitchell National Bank
Aurora County
Emery State Bank
Emery
Lyman County
A. L. Freelove
Security State Bank
Kennebec
Jerauld County
F. G. Vessey
Wesington Springs State Bank
Sanborn County
H. W. Hauge
Merchants’ Bank
Woonsocket
Odd Fellows Hall
St. Mary’s Guild
Episcopal Church
Geo. A. Sibby
National ‘Bank
E. B. Soper
W. T. McConnell
Western National
McConnell
T. A. Black
Security National
Coun
Huron
S. C
Ziebach
Young Lunatic
Spink County
Taft
Washington, D. C
Agua Prieta
Orozco
Red Cross
Tucson
Ariz
Sasabe
Nogales
Sable
San Diego
Calif
Pryces
Tia Juana
Mexicali
Ensenada
Coldiaze
Hermesille
Ward
Tone
Mex
Merxico
Babago
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