Stock market slides as Taft tax idea stirs assets
New York stocks fell sharply with declines of 3% to 5% as investors sell amid prospects of a federal net income tax and possible corporation tax. Senator Brown introduced a constitutional amendment proposal, referred to the Senate Finance Committee, while five progressive Republicans voiced support for an income tax aligned with Taft’s message.
MENTIONED IN THIS ARTICLE
New York
N. Y
Consolidated Gas
Amalgamated Copper
Reading
Taft
Washington, D. C
Congress
Senate
Brown
Committee On Finance
Borah
Bristow
Cummins
la Follette
Clapp
Finance Committee
Friends of the
Income Tax
United States
Supreme Court
Carnegie Rockefeller
Roosevelt Attacks Rule by Wealth and Names
Ex president Theodore Roosevelt denounces power of large corporations and oligarchies in his Outlook article The Thraldom of Names. He warns against using liberty or order to justify despotism and urges ethics in addressing industrial social problems.
MENTIONED IN THIS ARTICLE
New York
N. Y
Roosevelt
Washington
Lincoln
Death Adds Third Victim to Tragedy in Mississippi
Natchez Mississippi June 17 Dr Lenox Newman aged 22 son of Dr A M Newman killed in a Meadville street feud died today becoming the third victim in the tragedy in which his father and Silas Reynolds were killed Herbert Applewhite a Meadville lawyer wounded has little chance of recovery Ten men are under arrest for complicity in the feud
MENTIONED IN THIS ARTICLE
Natchez
Miss
Lenox Newman
A. M. Newman
Meadville
Silas Reynolds
Herbert Applewhite
Celebration On Last Two Days For Wright Brothers In Dayton
Dayton hosts two day tribute ending with medals from national government Ohio and city. Wilbur and Orville Wright receive honors after a city pageant tracing Dayton's history from founding to their arrival. Troops militia and brass band escort the aviators through streets crowded with townspeople.
MENTIONED IN THIS ARTICLE
Dayton
Ohio
Wilbur
Orville Wright
Wrights
Liquor Dealers Demand Enforced Law in Prohibition Debate
Atlantic City June 17 The National Association of Wholesale Liquor Dealers heard Morris Westheimer condemn political protection of saloons and the “preacher politician” as it pushed for reform measures. Jos Debar of Cincinnati argued saloons undermine temperance aims, while the bureau urged stamping out disreputable dives to aid legitimate liquor trade.
MENTIONED IN THIS ARTICLE
Atlantic City
N. J
Morris Westheimer
National Association of Wholesale Liquor Dealers
Jos. Debar
Cincinnati
Protective Bureau
Hay Barn Fire at Kinmouth Farm Near Columbus City
Lightning struck the hay barn on J. T. Kinmouth’s farm south of Columbus City Iowa last evening at 10 30 burning the barn and 100 tons of hay 500 bushels of corn and 18 hogs. The nearby carriage shed also burned and some insurance coverage applies.
MENTIONED IN THIS ARTICLE
Columbus Junction
J. T. Kinmouth
Columbus City
In Insurance
Des Moines Robbery Sparks Capitol Street Hold Up
In Des Moines on June 17 Dr. C F Spring was held up on a downtown street just before noon and robbed of a gold watch. Detectives captured the thief who gave his name as Jack Mursinger.
MENTIONED IN THIS ARTICLE
Des Moines
C. F. Spring
Jack Mursinger
Thaw Sanity Hearing Delayed to July Sixth
Harry K. Thaw will remain at Matteawan asylum until July 6 for a hearing to decide if he is sane and able to be released. The delay came on a habeas corpus writ, allowing District Attorney Jerome to attend to other matters. Thaw’s mother fainted briefly as the judge postponed the case.
MENTIONED IN THIS ARTICLE
White Plains
N. Y
Harry K. Thaw
Matteawan
Mills
Thaw
Jerome
Harry
White Phinda
Fishkill Landing
State Hospital
Servants Testimony in Gould Separation Suit Amid Alleged Liquor Habit
New York June 17 witnesses on the Gould estates continue to detail Mrs Katherine Clemmens Goulds alleged fondness for liquor and eccentricities. Howard Gould did not testify yesterday as the case for separation and alimony proceeds with former servants called for the defense. Justice Dowling warned that late passions would be restrained for the rest of the week.
MENTIONED IN THIS ARTICLE
New York
N. Y
Gould
Katherine Clemmens Gould
Howard Gould
Editor Lincoln Testifies In Brandenburgh Forged Letter Case
Sunday editor of the New York Times Charles M. Lincoln testified on the stand in New York City at the Brandenburg grand larceny trial over forged correspondence. He said a reporter sought confirmation from executor F S Hastings that the Cleveland letter was genuine and two letters from Hastings were entered as evidence. Hastings stated the writer had an exclusive assignment for the article, with signature details examined.
MENTIONED IN THIS ARTICLE
New York
N. Y
Charles M. Lincoln
New York Times
Broughton Brandenburg
Grover Cleveland
Jacobi
Lincoln
F. S. Hastings
Cleveland
Hastings
Brandenburg
German and Russian Royalty Meet at Sea Alliance
Helsingfors and Viborg report the German Imperial yacht Hohenzollern with Emperor William joining the Russian squadron carrying Emperor Nicholas aboard Standard. The pair greeted each other at 10 o clock as ships dressed and manned. A British steamer Northburg was reportedly fired on by a Russian torpedo boat near the Finnish coast, wounding one crewman, though London officials say no such incident verified.
MENTIONED IN THIS ARTICLE
Helsingfors
Hohenzollern
Emperor William
Emperor Nicholas
Viborg
Finland
Northburg
Nicholas
London
Foreign Office
Windstorm kills father and injures five McCormick children
A violent windstorm from Purdy to Monett Missouri demolishes the McCormick home five miles southwest of Monett. Andrew McCormick is killed and his five children ages 7 to 21 are injured, one seriously.
MENTIONED IN THIS ARTICLE
Joplin
Purdy, Monett
Seligman
Monett
Andrew McCormick
McCormick
Morse Freed on Bail in Long Fight for Liberty
Charles W Morse the convicted banker was released on bail awaiting his appeal in the U S circuit court of appeals next October. He may be free nearly four months before the court decides whether to grant a new trial or affirm the fifteen year sentence. The $125000 bail bond was signed by twenty wealthy Morse supporters.
MENTIONED IN THIS ARTICLE
Eanker
New York
N. Y
Charles W. Morse
United Sates Circuit Court of Appeals
Morse
Court of Appeals
Ice King
Cleveland Article Authorship Question Before Grand Jury
The grand jury heard Brandenburg testify that he typed the article and that Mr. Cleveland signed it at his Madison Avenue office. Lincoln was excused as the prosecution read Brandenburg's testimony about the alleged Cleveland authored piece.
MENTIONED IN THIS ARTICLE
Ybarra
Cleveland
Brandenburg
Lincoln
Grand
Grand Jury
Madison Avenue
Speculation Report Finds Abuses but Warns It Aids Commerce
New York June 17 The Hughes committee report on speculation in securities and commodities finds abuses in New York exchanges but largely views speculation as essential to commerce and as a stabilizing influence. It defines speculation, discusses hedging and clearing houses, and warns that distinguishing gambling from legitimate speculation is difficult.
MENTIONED IN THIS ARTICLE
New York
Hughes
New York City
Brown Attacks Increased Rate on Print Paper
Senator Brown of Nebraska denounces any rise in the print paper duty as unnecessary for protection or revenue. He argues the industry has advantage over foreign mills and urges the paper be placed on the free list. Aldrich proposes raising the duty. Taft's administration relays German cost data to aid tariff debate.
MENTIONED IN THIS ARTICLE
Washington, D. C
Finance Committee
House
Senator Brown
Nebraska
Senate
Scandinavia
Germany
Canada
Aldrich
Brown
Roosevelt
Congress
State Department
Taft
LaFollette
House Committee On
Foreign Office
Wynne Daughter Weds Dragoon Guards Lieutenant
Ida M Wynne second daughter of Robert J Wynne the outgoing American consul general in London married here today to Hugh Ronald French a first lieutenant of the seventh Dragoon guards.
MENTIONED IN THIS ARTICLE
London
Ida M. Wynne
Robert J. Wynne
Hugh Ronald French
Seventh Dragoon Guards
Weather report for Iowa and Illinois with easing temps
Partly cloudy conditions for Iowa tonight and Friday with cooler air in the east. Illinois shows partly cloudy skies with possible showers in the south tonight or Friday and a cooler trend. Sun and moon rise and set times noted.
MENTIONED IN THIS ARTICLE
Iowa
Illinois
Also Mentioned on This Page
Kings OF the Air
Kings
Aerial Navigation
Wilbur Wright
Wrights Review Pageant
Iowa Evening Press
Harry Thaw
Employe’s Tales
Branden
Burg Case
Emperor William OF Germany
Czar
Czar Nicholas OF
Russia
Hughes Committee
Nebraskan
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