Bulls Talk Twenty Cent Cotton Hereafter
A local farmer discussion centers on Brown declaring that twenty cent cotton will be common hereafter. The exchange emphasizes price stability for growers and potential market impacts on the farming community.
31 Aug 1910
Page 1
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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Aug 31, 1910
Page
1
A local farmer discussion centers on Brown declaring that twenty cent cotton will be common hereafter. The exchange emphasizes price stability for growers and potential market impacts on the farming community.
New York report collates claims by Hayne Brown and Scales on the cotton boom. They deny sensational profits while predicting sustained high prices and a looming cotton famine, citing a 1909-1910 short crop, dwindling world supply, and stronger market position for planters.
Fred C. Bartett, Osterman Manufacturing yard inspector, testified in Chicago that Osterman officers dismantled Illinois Central railroad cars after hours. Water was applied to stripped parts to rust them, making removals appear as old wear while the missing equipment was stored for repairs, enabling fraud against the railroad.
Governor Sanders, Senator Foster, and Congressman Ransdell are poised as likely candidates for upcoming U.S. Senate terms. Sanders may appoint Judge Thornton to fill the McEnery vacancy, triggering multiple concurrent elections in 1912 for unexpired and new six year terms beginning in 1915. The anticipated contest promises a lively statewide struggle.
Lloyd C. Griscom leads a New York faction opposing Roosevelt’s temporary chairmanship bid at the state convention. A conference with Erie and Brooklyn leaders, plus state officials, signals at least 650 of 1,015 delegates ready to back Roosevelt and push a pro Roosevelt nominations plank. Ex president Roosevelt to speak in Kansas City tomorrow after arriving at 9:35 a.m.
President E P Ripley of the Santa Fe system testified before ICC Special Examiner G M Brown that wage increases and higher operating costs justify steeper freight rates, and he warned next year may bring lower earnings not enough to cover dividends. He and colleagues Bailey and Peabody backed the road's expense and earning exhibits, while questions probed the distribution of earnings between wages and operating costs.
Chattanooga Tenn August 31 One of the principal features of today's session of the American Bar Association was the meeting of the section of Legal Education with an address by W O Hart of the Louisiana bar.
Bar tett testified that Illinois Central car inspectors were paid by Osterman Company and that Illinois Central officials including former general manager Frank B. Harriman visited Osterman's office in the shop yards, noting the repeated payments for car equipment.
A formal challenge is issued to the anti Roosevelt crowd amid bitter exchanges in New York. The confrontation signals rising tensions over political agendas and public support for policy directions.
Marshall Baumgartner 15, son of L. W. Baumgartner foreman of the Iron Mountain wrecking crew, died after tripping on vines and falling on a sharpened oak stick in Ruffin pasture east of the cotton mill. The stick penetrated his left side near the heart. aid arrived too late. Funeral set for tomorrow. community mourns sudden loss.
President Ripley of Santa Fe calls for higher railroad rates to fund maintenance and improvements. He argues railroads require more money to cover operating costs and to invest in national infrastructure.
Beverly Mass Aug 31 President Taft shows interest in plans to raise the battleship Maine sunk in Havana harbor twelve years ago The plan calls for pneumatic caissons steel cables and government aid of 300000 Congress may fund the effort A commission will study the plan before Taft and engineer O Rourke in Washington decide on bids and final steps to recover the vessel
The plan envisions two parallel piles and a line of caissons creating a cradle under the Maine. Cables run along caissons on both sides, secured by jackscrews on platforms above, to lift the ship from mud. Caissons have extra sustaining capacity and pneumatic devices to improve efficiency. About 1,000 workers would operate the system with possible government manpower.
New York August 31. Mrs S Reynolds Adriance of Poughkeepsie faces smuggling charges over a pearl necklace a gold purse and a lace mantle valued at 8000. Authorities seized jewels totaling 115000 found with her daughter Marian and traveling companion Mr M H Doughtry. Adriance posted 7500 bail and must prove where the rest were bought, with allegations tying some pieces to foreign purchase. A missing piece, a Miss Adriance necklace, was altered abroad and found on her waist after the Baltic docked.
Osawatomie Kansas August 31 Theodore Roosevelt arrived this morning to take the leading part in dedicating a park honoring abolitionist John Brown.
In Rome on August 31 Pope Pius the Tenth issues a letter to the French Episcopate ordering the dissolution and reorganization of the Sollon Society a strong youth Catholic group. He condemns it for propagating a false dream of democracy and the equality of man calling it contrary to nature and a generator of jealousy and subversive disorder.
Vera Futch of Oakland California, about 20, shot herself in the heart at the Hotel Astor last night leaving a handbag with three dated letters to family. Dejection over literary failure is cited. she was conscious en route to a hospital but offered only I did it myself.
Chicago Aug. 31 James B Forgan president of the First National Bank says the general business of the country will sail along smoothly from now and that danger of a serious money stringency for crop movement has passed He notes crops are not as poor as foretold and expects normal conditions through the fall with typical crop moving finance.
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