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Newspaper
Mitchell Capital
Location
Mitchell, South Dakota, United States of America
Date
Nov 24, 1905
Page
9
Advertising copy from the Mitchell Printing Co shows subscription rates for various paper lengths including one year and three months, with price details such as 81.00 and other figures. The ad credits C W Downey as editor and mentions multiple copy plans.
James L. Hyde, former vice president of the Equitable, testifies in the insurance investigation. His statements are met with vigorous denials by the accused parties as the inquiry continues.
Weather conditions do not halt railroad construction in South Dakota. By spring steel rails reach far toward the Black Hills, and by midsummer a trip across the reservation toward the western state portion may be possible, avoiding longer routes around Robin Hood’s barn.
Aberdeen candidate James Lawson withdraws from the congress race citing burden and lack of worth. The Aberdeen News urges Judge Campbell to fill the vacancy left by Lawson’s exit.
A report claims President McCurdy and the Mutual Life Insurance Co board reduced the president's salary from 150000 to 875000 and cut other payments amid a long running investigation. Details are unclear and described as a fearful catastrophe.
The Aberdeen News urges Secretary Shaw to deposit government cash in local banks to be loaned for home building and business enterprises. It argues that timely action would support loans and stimulate economic activity in the city.
Reported sentiment questions if Hearst was defrauded in the mayoral returns and whether he should govern New York to push reforms. Supporters urge Hearst to obtain clarity on the outcome and the reform program.
Aberdeen Commercial Club votes resolutions opposing a railroad power grant that would let a commission fix rates. The group warns such authority could raise Western Dakota rates, harming Aberdeen and nearby towns.
The Rapid City Journal notes a surge in railroad construction promising rapid connectivity across the Black Hills. Within a year steel lines are expected to join eastern and western regions, enabling interchange of goods and boosting local prosperity.
The civic league in Sioux City plans action against local saloons for beer sales, with offenders to be prosecuted at the next court term.
In terse local notes the Argus Leader hints at a planned new revolution or upgrade set to be installed by December 1, with no further details on scope or participants.
The Argus Leader is described as growing despite rival attacks over the past month or two. The piece claims local competitors unfairly strike at a successful newspaper and urges supporters not to retaliate with petty jealousy.
The piece argues industrial insurance differs little from ordinary life policies yet targets the very poor and even children under 10. It notes high expense, aggressive collecting, and losses to policyholders, citing Metropolitan Life’s 35 percent expense ratio and $50.8 million collected versus $16.56 million returned last year, with lapsed policies and strong profits for the company.
Mitchell completes a new septic tank along the Milwaukee line to dispose of sewerage. The 40 by 120 foot cement structure with a nine foot depth uses arches and piers to flush and purify waste. Officials report about four thousand dollars spent and expect long term odor reduction for residents. Aberdeen and Redfield plan to study Marion’s plant for similar sewer solutions.
The article criticizes executives including Mr. Hegeman and Vice President Fiske for high salaries in a life insurance firm, noting salaries from 16,250 to 100,000 a year while the company touts frugality. It argues that reducing expenses is constant yet fails to touch top management pay.
The Mitchell Gas Co contemplates running the electric light plant all night if business justifies it. The plan hinges on sufficient demand to warrant extended operation.
Citizens hope for a night service and appeal to the company to establish it. The call emphasizes public need and request for feasibility.
A City Hall recital featuring harpist Roger Rogers and impersonator Grilley drew nearly a thousand listeners for two hours of refined entertainment. Grilley impressed with character sketches while Rogers showed delicate harp work.
A rare opportunity to purchase an improved farm a half section in Davison County with a fine well fences cultivated land hay land pasture and commodious dwellings barns and sheds. The estate is partitioned heirs seek to dispose of interests and payments may be made in installments inquire of A. E. Hitchcock Mitchell South Dakota.
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