Secretary Shaw Addresses Cash Shortage Across Nation
Secretary Shaw warns banks nationwide about a scarcity of small denomination bills and urges lenders to increase supplies to ease the cash crunch faced by the public.
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Newspaper
Muscatine Journal
Location
Muscatine, Iowa, United States of America
Date
Dec 06, 1906
Page
1
Secretary Shaw warns banks nationwide about a scarcity of small denomination bills and urges lenders to increase supplies to ease the cash crunch faced by the public.
Secretary of the Treasury calls on all U S banks to search vaults for $10 certificates and convert them to smaller denominations to ease money scarcity. Beveridge bills packers to pay for meat inspections and date packs with inspection marks. Interior postpones Kiowa Comanche Apache land bid opening due to heavy rains and high waters delaying mail and inspection.
In Woodville Indiana the inquest into Cassad Tavolicz 17 died from the Baltimore and Ohio wreck of November 19 sustained Coroner Carson verdict finding engineer Frank Geiharst and conductor Samuel Most guilty of manslaughter The inquiry at Rolston undertaker rooms reviewed evidence from the Indiana railroad and warehouse commission and cited engineer Galharst as guilty of criminal neglect.
Washington dispatch reports Representative Dawson defeated Democratic leader John Sharp Williams in a parliamentary clash over a bill allowing the secretary of the navy to accept confirmed checks instead of bonds on large naval contracts. Williams resisted, but Dawson carried the measure amid sharp debate.
Rome reports a consistory held today where Cardinal Samassa archbishop of Strigonia Hungary was awarded the red hat. The pope also conferred the episcopal sees on four bishops.
Seven states send representatives as Governor Cummins delivers the opening address to the conference in Des Moines. The session marks the start of discussions on regional policy and cooperation among the states.
Des Moines delegates discuss pushing for a constitutional convention to force direct popular election of U S senators. Eleven states represented at opening, with plans to recruit more as debates focus on pressuring Congress or pursuing a constitutional amendment with the Senate.
The pardon board in Atlanta commuted the death sentences of Jesse and Milton Rawlins to life imprisonment. Their father was executed last Tuesday for the murder of the Carter children, a crime the Rawlins boys were charged with aiding.
The Supreme Court granted a writ of supersedeas to George G. Roberts of Chicago who was sentenced to 20 years in the penitentiary for fatally stabbing County Commissioner Kopf in Spri terfield Illinois on December 6.
A report notes President Roosevelt could do nothing but dismiss troops, with Taft upholding the president's stance amid racial tensions and a show of executive authority.
Secretary Taft defends President Roosevelt's dismissal of three companies of the Twenty-fifth Infantry for the Brownsville incident in his annual report. He argues murder was committed and calls for discharge of the battalion to remove the danger to the public, noting possible exculpation for some men later if new evidence appears.
Nearly 1,000 delegates attend the National Rivers and Harbors congress in Washington to press Congress for an annual 50 million dollar appropriation for systematic improvements to the nation’s waterways. In Lynn Massachusetts a boiler explosion at P J Harney Shoe Manufacturing injures at least 12, while a southeast gale fan fires across the district destroying two acres of property and many firms with half a dozen homes burned. losses about 500 thousand dollars.
Ballard Cole and Nancy Jane Wiseman, both about 52, fled from their children and traveled from Cumberland Gap, Tennessee to Lexington to marry. The pair said mountain life did not chill their ardor and that they had walked miles to reach a train and escape pursuit.
The jury in Council Bluffs Iowa on December 6 returned a not guilty verdict for Emma Ripke Han a Kansas girl charged with murdering Frank K Potts in October. The trial focused on whether Potts died by suicide or was shot by the defendant.
Defense attorneys in the Shea trial pressed witness Joseph Schultz who testified of slugging non union men and throwing acid eggs at horses. They sought admission that he was promised inducements to plead guilty but Schultz said he acted of his own free will and expected to be sent to the penitentiary.
Des Moines dispatch notes Congressman Lacey denies seeking a political appointment and says he would run for Senate if Senator Allison retires in 1909. He dismissed land commissionership and smaller posts, stating he is no political pauper. He suggested he could win a primary against Governor Cummins if Allison retires.
Chicago December 6 Ringling Bros purchase the Hagenbeck animal show and plan a three ring production. J J Brady advertising agent says the show will be the best animal circus in the world and will double cars to eighty. Shows winter in Baraboo Columbus and New Orleans.
In Tokyo on December, observers laud President Roosevelt for his firm clear stance in the San Francisco anti Japanese issue. They say local authorities may bow to the moral weight of his message despite domestic sentiment.
Mrs. L. B. Davis of near Batavia attacked neighbor Mrs. Meyers in Fairfield with a fire shovel and a vicious dog. Mrs. Meyers required a physician for serious injuries. A warrant is sworn out and Davis will be tried in Fairfield.
San Francisco December 6. Mayor Schmitz and Abraham Ruef were arraigned in Judge Dunne's court on extortion charges from the grand jury. They were granted a continuance until Monday.
Oshkosh Wisconsin December 6 1909 or 1910 The Oshkosh Retail Merchants Association will build a cooperative icehouse with a 10000 ton capacity to reduce control by the ice dealers who raised prices this season and plan further increases next year. The association already has contracts with most city retailers.
Washington Dec 6 The annual report by Comptroller Ridgley shows rapid bank growth from Nov 9 1905 to Sept 4 1906 with the number of national banks rising from 5833 to 6137 and loans and discounts climbing to over 4.29 billion dollars. Individual deposits rose by about 210 million, while total resources stood at 8.02 billion dollars.
In La Crosse Wisconsin on December 6 a verdict awarded N R Neilsons widow seven thousand dollars for neglect of care after he was carried past his stop for medical aid. He suffered a slight cerebral hemorrhage and later died of paralysis after being dumped at West Salem without timely doctor care.
New York figures show the average cost of living rose from 106.68 dollars to 119.17 dollars from November 1 to December 1, the highest level since February 1584, according to R G Dunesen.
Fair tonight and Friday turning decidedly colder tonight as a cold wave grips Iowa. Warmer west portion Friday. Sun rises at 7 94, sets at 4 20, moon rises at 9 29 p m.
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