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Newspaper
Monroe News Star
Location
Monroe, Louisiana, United States of America
Date
Oct 25, 1909
Page
1
The Comptroller of the Currency directs banks to follow the law, with orders issued to ensure compliance. The action mandates adherence to applicable banking regulations and expected implementation by financial institutions.
Washington outlines steps to enforce the 1906 national banking act. Examiners will report frequency of directors meetings and banks may face charter forfeiture if they fail to comply with loan limits. Preparations include collecting data on meeting frequency and directing enforcement actions.
The text discusses how banks may be penalized for infrequent director meetings and for not seeking directors' judgments on loans and discounts. It suggests records may note such practices and forecasts that at least four examinations per year will be required, with penalties possibly imposed at the bank’s expense.
Rufus W. Peckham associate justice of the United States Supreme Court died at 8 15 p m at Colmore his summer home in Altamont Albany County from a complication of heart trouble Brights disease and hardening of the arteries He had been in ill health for some time and recently grew weaker after adjournment of the May term and travel with Mrs Peckham to Altamont The circulatory issue was first noted about six years ago
New York reports a heated session in the cotton market with December cotton at 14.11 and May at 14.25, around 18 points higher than Saturday. A bullish London outlook and English expert forecast spurred buying while later selling cooled the market.
Winston-Salem on October 24 reports Frank Wilson was shot and killed by The Cotton after a quarrel at construction camp No. 1 on the new southbound railroad. Cotton fired two shots as Wilson attacked with a stick, then Cotton drew his wages and vanished.
M Flourens former foreign minister circulates an address among Catholics to be presented to King Alfonso condemning Ferrer demonstrations in France as an insult to French chivalry and the Catholic religion in Paris.
The Loyal Legion of the United States New York commandery adopted a preamble and resolutions on October 6 to oppose any congressional appropriation for a Gen. Robert E. Lee statue in the national Capitol. It urges loyalty and rejects honoring treasonous service with monuments or inscriptions in national cemeteries.
A historic report accuses Tammany Hall in New York City of involvement in white slave traffic. The piece outlines allegations, implies organized networks, and notes officials blamed for enabling forced labor.
In New York on October 25 the municipal campaign turns on the white slave traffic. The attack ties to Tammany Hall and the Gaynor ticket with Hearst and fusion forces fueling the debate. Chas Murphy rejects charges as nonsensical while Gaynor declines comment, amid mounting election pressure.
President Taft and party will sail from St. Louis on the steamer Oleander Monday at 5 p m with governors and Congress members. He will speak at Cape Girardeau Cairo Hickman Memphis Helena Vicksburg Natchez Baton Rouge and New Orleans ahead of the Deep Waterways Convention. The schedule spans Tuesday to Saturday with multiple speeches and a stop in each city.
Taft plans a five o'clock departure from St. Louis this afternoon. The trip is being reported in regional notices with emphasis on the timing and location.
Washington sets in motion a government inquiry after Surgeon General Wyman warns pellagra is dangerous and may spread. Acting Secretary Hilles approves a commission drawn from Public Health and Marine Hospital Service, the army and civilian doctors to study causes linked to diseased corn and water supply. The plan follows Illinois outbreaks and growing public health concern with pellagra cited as a national issue and historical link to Civil War prisons.
The Census Bureau reports 6,525,591 bales ginned from 1909 cotton by Oct 18, up from 6,296,166 in 1908 and higher than 1907 and 1906 figures, indicating a bullish week for the fiber market.
The president’s Mississippi river trip includes a 11 o’clock Coliseum address to about 15 000 people followed by a luncheon at the Jefferson Hotel and a dedication in East St Louis. Governors US senators and other officials travel with the president aboard chartered steamboats and torpedo boats.
A massive cold spell is forecast to sweep the country from coast to coast after a rain storm center near St. Louis travels along the middle Atlantic coast. Temperatures drop east of the Rockies with high winds expected, especially in the Caribbean region.
One man died and four were injured when three boilers exploded at the Pabst Brewing Co power plant in Milwaukee Wisconsin on October 25. The blast caused about a quarter of a million dollars in damage.
General De Luque, newly named minister of war, confirmed Spain will not push the war in Morocco. The plan is to fortify and hold Melilla instead of continuing the campaign against the tribesmen.
A levee board approved sale of land to a private party, with the conveyance resulting in a higher price than prior appraisals. Officials noted the transaction reflects market demand and potential redevelopment impacts.
A New Orleans Item report from Rayville La details how the Tensas Basin Levee Board handed 900000 acres of state land to the Tensas Delta Land Company in 1898 for 130000. Current assessments show large gains. 40000 acres in Richland parish alone rose from 70000 to 228000. The probe continues as officials question the deal.
Dr E C McKowen is not expected to plead insanity in the Judson murder case and relies on a clear alibi. Friends report his presence at Wakefield during the afternoon. he says he was called to a plantation on professional business and searched two railroad stations after learning Judson was missing.
Phoenix Drug Store promotes Allen's Fever and Pain Powders as relief for headache or neuralgia when other remedies fail. The brief catalog-style notice appears in a historic advertisement text.
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