12 Nov 1910
Page 1
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This newspaper page contains 16 articles. Subscribers can read the full text of each article.
Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Nov 12, 1910
Page
1
Je Fraral discusses the series of incidents linked to the failure of Bank of Monroe, outlining factors, responses, and potential implications. The remarks focus on causation, governance issues, and steps for recovery and public reassurance.
The narrative alleges incompetent officials impaired the Bank of Monroe’s standing and credit. It traces a sequence of mismanagement from ill advised hires, loans overruled by directors, and continual reports of distress, leading to a push for an experienced banker to assess the bank’s impaired capital and governance.
A narrator recounts failed efforts to salvage the Bank of Monroe through outside intervention. Cirter of Paragould pledges to resign and move assets. directors resist. Parker notes solvent but poorly managed bank with losses. Judge Theus argues asset handling could recover stockholders’ value, while Marsh reports mixed views among local stakeholders. A liberal credit line was secured to aid borrowing customers as the crisis unfolds.
Taft heads to Panama for four days of Isthmian canal progress. Canadian Parliament session opens with major issues on deck. Robin Cooper case in Nashville may be postponed again after a Supreme Court reversal. New York society focuses on the Madison Square Garden horse show and Met Opera season. Canadian Club of New York plans a Ghent treaty anniversary push. Navy and army promotions pace retirement changes. Big college football two-game slate with Yale Harvard in New Haven and Michigan Minnesota in Ann Arbor.
A tense scene saw an American targeted by a crowd of anti American writers near a Mexican residence. The assailants pelted the property with stones as local onlookers watched in alarm. Police and witnesses described the attack as unprovoked and chaotic.
The campaign for speaker within the Democratic Party has begun with Clark signaling his bid. Supporters rally behind his leadership while rivals weigh their options. The outcome could reshape party dynamics ahead of key votes and policy pushes.
Savannah race officials report ideal weather for the Grand Prize auto event with fifteen starters after last night scratches. Haupt crashes, car overturns on the 415.2 mile course, prizes total $5,000 for the winner plus a gold cup and $4,000 in cash to runners up. In Mexico City a shooting by Carlos B. Carothers kills 14 year old Jesus Loza and wounds patrolman Prudencia Chavez during anti American rioting. Carothers is jailed. Congress race for speaker begins with Champ Clark signaling interest and a fervent fight over Ways and Means and Appropriations chairmanships as Underwood may become floor leader.
Paris financial observers react to Premier Briand’s cabinet and U S election results. Banks and credit institutions stay firm on expected profitable issues this month. Bank of France gold rises to 3,203,506,000 francs while silver holdings fall to 821,174,000 francs amid shipments to China.
Pullman Company plans broad berth rate reductions across its routes. The Interstate Commerce Commission has been informed of the move with new tariffs to be filed soon. A voluntary Berth price cut proposal will be presented at the Chicago hearing on Nov. 30.
A promotional note announces a free doll with every $1 purchase, a free doll per dollar spent, with the doll given away on Christmas Eve. The message invites customers to visit and see the offer at Monroe Stationery Co on 10-31 Monroe Street.
The article outlines contesting candidates for key chairs including Ransdell of Louisiana and Sparkman of Florida for a ranking seat, Adamson of Georgia for interstate commerce, Clayton of Alabama for judiciary, Pujo of Louisiana for banking and currency, Sulzer of New York for military affairs, Padgett of Tennessee for naval affairs, Flood of Virginia for foreign affairs, Moon of Tennessee for post offices and post roads, and Morris Shepard of Texas for public buildings. It notes possible seniority clashes and the likelihood Speaker Cannon and allies influence, with assignments by Democrats after next month’s House convenes.
Striking express drivers and helpers in Jersey City refuse to return to work despite an earlier agreement with five transcontinental companies. Mayor Gaynor vows no more delays and warns he will run wagons with police if needed. A circuit court ruling allows non licensed wagons to operate until interstate status is clarified. next hearing in a week.
The Monroe and Alexandria Progressive Leagues urge immediate funding to back a Chicago exhibit showing North Louisiana soil products and prospects. They seek one thousand dollars from Monroe Ouachita parish and surrounding areas to install displays, lantern slides, lectures, and farm imagery in the Coliseum, highlighting development and migration aims.
William Edward Jefferson longtime Iron Mountain conductor died at home at 201 South First Street at 8 15 this morning. A native of Jackson Mississippi, he was 54. Funeral services planned for 3 30 Monday afternoon at the family residence or local church per notice.
Funds are needed to carry out an advertising project in Chicago. The item notes a call for resources to support promotional work and public outreach for the Great Ghigago land effort in the city. The details specify the urgency and purpose of the campaign.
Charge of the Order of Railway Conductors reports the death of Mr. Jefferson of Monroe. He is survived by his wife and six children. During his residence in Monroe he made many friends who will regret his passing.
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