Two Chicago Banks Fail Amid Historic Financial Crash
In Chicago a severe financial crash triggers alarms as two banks fail and a third faces collapse. Comptroller charges take control, unions of local banks organize a rescue, and depositors begin receiving funds. Details show massive deposits and loans tied to Walsh interests, with a $42,000 deficit addressed by the clearing house and city banks.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Clearing House Association
Banks Run Ends as Chicago National Clears Debts
In Chicago on December 18, runs on Chicago National Bank, Home Savings Bank, and Equitable Trust unsettled markets. Clearing House guarantees payment of all claims, directors resign, Walsh family turns over property, and liquidation arranged by Hawthorn Bowworth with bankers handling assets.
MENTIONED IN THIS ARTICLE
Chicago National Bank
Home Savings
Equitable Trust Co
Chicago Nation
Thiz
Bico
Chicago
Home Savings Bank
Equitable Trust Company
Chicago National
Home Savings Lasik
Chiago National
Owl
Monroe Street
la Salle
Charles G. Dawes
Central Trust and Savings Bank
Comptrolier
Comptroler
Teday
Ser
DML
Chicago Batdes
Dallar
Clearing House Association
Wall Street
Union Pacific
National Capital
Washington, D. C
Secreratary of the Treasury
Comptrulier Ridgely
Clearing House
Hawiner Bosworth
Garfield urges federal action on insurance and antitrust controls
Washington, Dec 18 The annual report of James Rudolph Garfield commissioner of corporations argues that the Supreme Court should rule insurance controls are interstate commerce regulations. It outlines causes of bureau creation, notes industrial power concentrations and fraudulent finance, and calls for preventive methods addressing root causes rather than effects. It cites that major industries show control by one or two factors such as transportation, trademarks, patent rights, raw materials or special legislation.
MENTIONED IN THIS ARTICLE
Washington, D. C
James Rudolp
G Garfield
Teday
Supreme Court
Aow
Inevitable Triangle Ends In Death At Empire Hotel
Chicago dispatch reports a fatal shooting at the Empire hotel on Wabash avenue where William Nieman Jr. died and Lucille McLeod was gravely wounded and paralyzed after a failed reconciliation attempt. Police link the tragedy to a love triangle following Nieman's engagement news.
MENTIONED IN THIS ARTICLE
Chicago
Empire Hotel
Wabash Avenue
William Nieman, Jr
Nieman Table
Com _pany
Snd
Lucille McLeod
Mornine
Niewir
Officials Arrested in Brick Trust Conspiracy Case
Eleven officials of the Chicago brick trust and two labor leaders pleaded guilty to conspiracy to restrain production and prevent competition in Chicago. They were fined $2,000 each, with the Dec 19 date noted by officials.
MENTIONED IN THIS ARTICLE
Chicago
Brick Trust’ of
Ministers Meet at Muscatine Y M C A for Weekly Session
Regular Muscatine Ministerial association meeting at the Y M C A discussed baccalaureate plans for January and a week of prayer across area churches. A committee was formed to organize January services and a public meeting on the Marshal bill. Reverend W A Sunday’s letter noted scheduling uncertainties for potential visits in 1907. The next gathering is set for the second Monday in January.
MENTIONED IN THIS ARTICLE
Muscatine Ministerial Association
Arey
Tev
J. N. Elliott
Marshal
Ancre
J. N. Ellett
Judson Kempton
J. JG. H. Light
W. A
Rey
Burlington
Kempions
Davenport
Champaign
Ottumwal
General Strike Decides on Action in Russia
Moscow leaders were informed after a secret workers councils meeting in St Petersburg. A general strike could begin on the 20th, with martial law if approved. An imperial ukase grants governors broad powers while the revolt spreads.
MENTIONED IN THIS ARTICLE
St. Petersburg
Moscow
Berlin
Germany
Eydtkuhnen
St Petersburg
Riga
Meyer
Zion City changes announced by Overseer Speicher at Shiloh
Overseer John G Speicher unveiled sweeping Zion City reforms in Shiloh tabernacle. He said Dowie will seek health on a Caribbean island and named a three member triumvirate including Judge V V Barnes and Deacon Alex Granger to oversee Zion City affairs.
MENTIONED IN THIS ARTICLE
Chisago
Zion
Shiloh Tabernacle
John G. Speicher
Dowie
Caribbean Sea
V. V. Barnes
Alex Granger
Zion City
Shanghai Rioting Kills Twice Foreigners and Chinese
In Shanghai during a strike unrest two foreigners were killed and about twenty Chinese died as rioting spread. British navy guards streets while American marines head to Shanghai to quell the disturbance. Reports say police stations burned and fires anticipated as order is restored.
MENTIONED IN THIS ARTICLE
Washington, D. C
State Department
Shanghai
New York
Fearon Daniel and Co
San Francisco
Dec
President Meals of New York Life Succumbs to Pneumonia
John A. Meals, president of New York Life, died in New York City on December 28 after an illness of pneumonia. He led the company and was a prominent figure in finance and insurance circles.
MENTIONED IN THIS ARTICLE
The
New York Life
New York, N. Y
John A. Meals
Longworth a Guest at White House Betrothal Dinner
Washington December 18 Nicholas Longworth attended a White House dinner last night with members of the Roosevelt family and friends to celebrate the betrothal of Miss Roosevelt. The gathering included a group of young friends of Mr. Longworth and Miss Roosevelt.
MENTIONED IN THIS ARTICLE
White House
Washington, D. C
Nicholas Longworth
Miss Roosevelt
Longworth
Fire Rages Through Esterville Damaging Key Stores
A major blaze struck Esterville yesterday afternoon causing about 40000 in losses. Origin unknown, started in the basement of Newberry Mercantile. Principal losses included Barlete block 16000 Peterson block 32000 Bries Furniture 14000 and Newberry Mercantile 20000. Insurance covered about two thirds of property value.
MENTIONED IN THIS ARTICLE
Esterville
Marshalltown
Speigiall
Matervyilia
Newberry Mercantile Company
Barlete
Peterson
Bries
Exch
Man Injured on Train Sent to Mt Pleasant Insane Asylum
William Ritchey, a Fairfield carpenter, rode Burlington No 9 to return home after visiting out of town. On alighting he forgot something and reboarded as the train started. He slipped or was thrown, hitting his head and breaking his nose. Since then he has shown signs of insanity and was sent to Mt Pleasant Insane Asylum by the insane commissioners.
MENTIONED IN THIS ARTICLE
Insane Asylum
Fairfield
Dee
William Ritchey
Mt. Pleasant
Ritcher
Burlington
Ritchey
Jowans to Assist in Pittsburg Cathedral Dedication
Archbishop Beane of Dubuane Ta Bishop Cosgrove of Davenport and Bishop Garrigan will assist in the dedication of Pittsburg's million dollar cathedral. The ceremony will attract prominent Catholic clergy from this state and beyond, reflecting the church's standing in the region.
MENTIONED IN THIS ARTICLE
Pittsburg
Archbishop Beane
Dubuane
Cosgrove
Davenport
Garrigan
Official Register shows 482 Washington federal workers listed
The Blue Book items 482 city employees in Washington with total compensation of 27,145,708 dollars. Entries break down by department: State 120. Treasury 6201. War 148. Justice 40. Post Office 1,169. Interior 4,022. Agriculture 1,60%. Commerce and Labor 1,394. Government Printing Office 4,364. District of Columbia 2,004.
MENTIONED IN THIS ARTICLE
Wrshington
Op. U
United States
Government Printing Office
District of Columbia
Washington
Department of State
Treasury
War
Justice
Post Office
Nay Gos
Interior
Agriculture
Commerce and Tracor
Governmente Printing Office
Sovernment
District of Cohunhia
Revival Ends After Five Weeks in Burlington
Burlington Ia Dec 18 Special After five weeks of revival services in this city Rev W A Sunday closed his work here last evening A collection was taken for the evangelist and he received 4000 During his stay here he has converted 2500 people
MENTIONED IN THIS ARTICLE
Burington Ha Gome
Burlington
W. A
Accidental Self Destruction of Teen in Cascade
In Dubuque county, 17 year old Charles O'Brien of Cascade accidentally shot himself through the heart while handling a revolver this morning. Authorities note he did not know the gun was loaded. The incident occurred in Dubuque on December 18.
MENTIONED IN THIS ARTICLE
Charles O'Brien
Dubuque
Cascade
Dubuque County
President nominates Robert G. Pearse for surveyor of customs
Washington December 18 The nomination names Robert G Pearse of Rock Island Illinois as surveyor of customs. His prior service is noted in the post at Rock Island and he faces confirmation procedures in Washington.
MENTIONED IN THIS ARTICLE
Robert G. Pearse
Washington, D. C
Robert G. Pearce
Rock Island
Weather for Iowa and Chicago outlook
Special weather note for Iowa and Chicago on December 18 reports generally fair conditions tonight and Tuesday. Collier east and central portions are expected to stay fair tonight, with warmer trends in the western areas on Tuesday. Sun rises at dawn and sets around 4 20, moon rises late tonight.
MENTIONED IN THIS ARTICLE
Chicago
Collier
Change of Date for Muscatine Circuit Conference
The Muscatine circuit set a new date for its Quarterly Conference. Presiding Elder W Thorn of Washington updated the schedule from Tuesday December 26 to Monday January 5 at 2 pm in the church at Musser ville.
MENTIONED IN THIS ARTICLE
Muscatine
Mder W
Thorn of Washington
Musserville
Eigermann Case Called For Prostitution Charge
The state case against Hertha Eigermann for conducting a house of prostitution was called at 2 PM. Most of the afternoon was spent securing a jury with little testimony offered. All witnesses are notified to appear at 9 AM tomorrow.
MENTIONED IN THIS ARTICLE
State of
Lawa
Hertha Eigermann
Funeral Yesterday in Green Woodland Cemetery
The remains of the infant child of Mr. and Mrs Bran of 17th Street were laid to rest in Greenyrood cemetery yesterday afternoon. The services were held at the home of the child’s parents.
MENTIONED IN THIS ARTICLE
Greenwood
Greenyrood
Gallernoon
Senate committee chairmen listed amid education labor honors
The article lists chairmen of major committees including Appropriations Alison Finance Aldrich Foreign Relations Cullom Judiciary Clerk of Wyoming Commerce Fry Interstate Commerce Elking Privileges and Elections Burrows Agriculture Procter Military Affairs Warret Naval Affairs Hale Indian Affairs Clapp Territories Beveridge Public Lands Hansbrough Public Building and Grounds Scott Post Offices and Post Roads Penrose Pensions McCumber Philippines Lodge Inter Oceanic Canals Millard Rules Spooner Claims Fulton District of Columbia Gallinger Education and Labor Dolliver Cuban Relations Burnham Lee Islands and Porto Rico Fors ter Immigration Dillingham Printing Plat Johdak Nothing But Speaking. A speech mask plan continues until Thursday as many members depart for home. The canal emergency appropriation bill moved to conference and the insurance debate began. Cullom returned to his seat for the first time this session after illness. adjournment from Dec Site Jam 4 was adopted.
MENTIONED IN THIS ARTICLE
Washington, D. C
Senate
Appropriations
Alison
Aldrich
Cullom
Wyoming
Commerce
Fry
Elking
Burrows
Agricultura
Procter
Warret
Hale
Clapp
Territories
Beveridge
Hansbrough
House
Il Health
Fire Discovered At Home Of Mrs Sarah Johnson
Fire started in the basement of Pine street residence last night around 9 30. Investigators suspect incendiaries as two piles of wet wood and paper were set ablaze causing damage estimated at 275 dollars, insured. firemen contained flames before spreading.
MENTIONED IN THIS ARTICLE
Sarah Johnson
Pine Street
Vail
Thas
Johnson
Kautz
James
Fire destroys blacksmith shop in Atalisso area
Fire broke out shortly after midnight at Samuel Helleck's blacksmith shop in Atae fissa. The building burned to the ground and contents were lost. Jack Vaubles, sharing quarters in the structure, reported losses of several hundred dollars in tools. Fire gained headway, making rescue impossible. the shop was among the best equipped in the region.
MENTIONED IN THIS ARTICLE
Samuel Helleck
Ataefissa
Jack Vaubles
Also Mentioned on This Page
Ing
Joan R. Walsh
Comptroller
Ure Nuaonl and
Biome Savings
Anitaile ‘Trust Co
Gon
Waehe
Une City
Che Clearing House
Sveialion
Lae Cowptroller
Iso le Uneers
Ue Chicaga Navona! Bank
Etugle
Eesdfse
le Guinplroller
Chicago National Benle
Eyternesses
Walsh
Sui
Te Iuple
Wales
Witel
D. C
Muscating
Iowa
Falory
Lure
Chicago Nationals
Addy
Joan
Gemand CO
John T. Walsh
History of the Banks
Garfilld
MEN OF “Brick Trust
CHARG
Asplead
Con
Mig. A
Rev. W. A
County
Farin
Russia
Czar Lasued
McCall
Jowans
Eigermann
Allison
Dolliver
Education and Labor
Mray
Atalissa