Roosevelt urges four battleships to secure peace
President Roosevelt asks Congress to fund four first class battleships as a peace measure and naval equality. He contrasts Britain’s fleet policy and China’s defenseless status while urging arbitration treaties and a navy capable of deterring aggression to protect national honor and security.
MENTIONED IN THIS ARTICLE
New York Times
Washington
George Washington
Roosevelt
Congress
House Naval Committee
Representative Hobson
Poten
State Department
Great Britain
United States
Army
Theodore Roosevelt
The
White House
Postum Credited By Iowa Veteran And Four Brothers
A veteran from Iowa recounts how switching from coffee to Postum changed his health and energy after thirteen years of heart trouble. He describes his brothers trying the same coffee habit and all choosing Postum, leading to improved sleep and vitality. The tale ends with the slogan There’s a Reason.
MENTIONED IN THIS ARTICLE
Iowa
Chicago
Ian
Néttie
Postum Co
Battle Creek
Mich
Long Island Rail deficit reported for 1107 year
The Long Island Railroad's annual report shows a deficit of 858,828 for 1107, up from 28.58 the prior year, due to extraordinary expenditures and higher charges from expanding facilities. It notes a $1,045,422 rise in operating costs, including $253,602 from wage and state and federal mandates. The report sets July 1 as the date for subway service to the Flatbush Avenue Station in Brooklyn.
MENTIONED IN THIS ARTICLE
Long Island Railroad
Tt Renort
Flatbush Avenue
Brooklyn
Big Four Annual Meeting Held in Pittsburg
Pittsburg on April 14 reports the Pittsburg Cincinnati Chicago and St. Louis Railway Company annual meeting. 1907 shows 1068.7 miles operated with gross earnings of 37 646 589.52 and operating expenses 53 173.5 resulting in net earnings of 8 793 410.03.
MENTIONED IN THIS ARTICLE
Pittsburg
Penn
Cincinnati
Chicago and St. Louis
Minority stockholders seek to intervene in Chicago Terminal foreclosure
Counsel for minority stockholders asked Judge Kohlsaat for leave to intervene in the Chicago Terminal foreclosure suit. They would oppose Baltimore and Ohio’s bid to have the terminal company’s property sold while maintaining the lease to Baltimore and Ohio.
MENTIONED IN THIS ARTICLE
Chicago
Chicago Terminal Transfer Company
Bankers threaten political revolt over Aldrich bill at hearing
J D Powers of the American Bankers Association warned the Ways and Means Committee that passage of the Aldrich bill would trigger a political revolution by nearly 19 000 banks and over a million stockholders. He said removing key provisions would unleash disaster and a panic. Other bankers from the Middle West supported the Fowler bill while opposing reserve increase and lender restrictions.
MENTIONED IN THIS ARTICLE
New York Times
Washington
J. D. Powers
American Bankers’ Association
Congress
Powers
Ways and Means Committee
Mr. Powers
Senate
Aldrich
Alabama
Middle West
New York Banks Cleared Of Cash Reserve Charge
Secretary Cortelyou told the Senate that New York City banks were in strong financial shape and did not refuse country banks’ cash reserve requests during the recent flurry. He cited fifty one complaints from forty three country banks, most not distressed and only eight below legal reserves.
MENTIONED IN THIS ARTICLE
New York
Washington
Cortelyou
New York City
Senate
Culberson
Mexican Banking Reform bill outlined by Limantour allies
Mexican bankers and Finance Minister Limantour have agreed on a reform bill to tighten control over banks. Key points set a new minimum capital of 1 million pesos, stricter classifications of banking activity, and priority for non interest bearing deposits over other credits except banknotes.
MENTIONED IN THIS ARTICLE
Limantour
Mexican Congress
Mexico
Department of Finance
Union Bag and Paper Co earnings show growth in year ended Jan 31
The Union Bag and Paper Company reported net earnings of 1 270 758 for the year ended January 31 at the annual meeting. After charges and appropriations a balance of 309 rose 211 479 from the prior year. The surplus reached 379 224, adding to prior gains to total 1 455 128.
MENTIONED IN THIS ARTICLE
Union Bag and Paper Company
United States Steel to Follow Tennessee Coal and Iron Plans
Formal announcement yesterday stated United States Steel Corporation will implement the old management’s development plans for Tennessee Coal and Iron Company plants with little change. After improvements, capacity will rise to over 50,400 tons of pig iron per month from about 5,000 tons.
MENTIONED IN THIS ARTICLE
United States Steel‘ Corporation
Tennessee Coal’and Iron Company
Trust Merger Declared Legal By Court Of Appeals
Albany April 14 The Court of Appeals ruled the merger of Equitable Trust Company with Mercantile Trust Company of New York City is legal under state banking law The court answered two questions confirming the merger authority but holding the dissent of stockholders not to violate due process of law
MENTIONED IN THIS ARTICLE
New York. Times
Albany
Equitable Trust Company
Mer‘cantilé Trust Company
New York
City
Court of Appeals
Banking reforms pass in Albany two more measures approved
The Assembly approved two additional banking bills bringing total to nineteen financial reform measures. One bill lowers maximum loan limits from 40 percent to 20 percent of capital and surplus and adds a new security subdivision per Superintendent Clark Williams recommendation. The other caps loans on another company's stock at 10 percent and allows savings banks to hypothecate securities with bank superintendent approval during financial stress.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Clark Williams
Banka
Five Cent Fare Bill Delayed In Senate Committee
Albany April 14 Senator McManus failed to save the five cent fare bill from the Senate Committee on Railroads The committee defeated his motion to report the bill as received from the Assembly The day marked a setback for the measure and its supporters.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Senator McManus
Senate Committee On Railroads
Assembly
Williams Reappointed State Banks Superintendent
Albany April 14 Gov Hughes sent to the Senate the nomination of Clark Williams of New York to succeed himself as State Superintendent of Banks for a term of three years. Williams was originally appointed in October to fill an unexpired term and the Senate promptly confirmed the renomination.
MENTIONED IN THIS ARTICLE
Albany
Gov. Hughes
Senate
Clark Williams
New York
Williams
Senate approves Travis resolution on NYC debt limit exemption
Albany April 14 The Senate without opposition passed the Travis resolution proposing a constitutional amendment to exempt from New York City debt limits loans for subway or dock extensions if the financed property can pay interest and provide a sinking fund. If the Assembly agrees it goes to another Legislature before a public vote.
MENTIONED IN THIS ARTICLE
New York Times
Albany
Senate
Travis
New York City
Assembly
Defends Paper Trust Leader Responds To Justice Dept Letter
President A N Burbank of the International Paper Company reacts to Attorney General Bonaparte's letter saying evidence against the company is insufficient for action. He notes no reading of the report, claims prices rose to match costs, and disputes reported profits.
MENTIONED IN THIS ARTICLE
A. N. Burbank
International Paper Company
Bonaparte
Department of Justice
Unemployed Groups Plan Relief Appeal to Mayor
A hundred delegates from labor and socialist groups met at the Labor Temple on Eighty fourth Street and named a committee led by Morris Hillquit to devise relief plans and report to Mayor McClellan. Weekly unemployment condition reports were set to begin.
MENTIONED IN THIS ARTICLE
McClellan
Labor
Labor Temple
Eighty-fourth Street
Morris Hillquit
Solomon Fieldman
Edward Martin
T. J. Lewis
Algernon Lee
Inn Near Rockefeller Estate Changed Hands
Tarrytown April 14 Jacob Melin leased to Adrian C Horton the inn near John D Rockefeller estate. Rockefeller had sought to buy it at extravagant prices to block liquor sales near his property.
MENTIONED IN THIS ARTICLE
New York Times
Tarrytown
Jacob Melin
Adrian C. Horton
John D. Rockefeller
Rockefeller
Tariff Reform Dinner Debates U S Tariff Manifold Impact
At the Reform Club dinner in Hotel Astor Congressman Henry T. Rainey and allies rail against high protective duties. Miss Ida Tarbell and Herman Ridder press claims that tariffs inflate paper costs and threaten press freedom, while calls for tariff reform echo through opposition leaders and editors.
MENTIONED IN THIS ARTICLE
Tariff Reform Committee
The
Reform Club
Hotel Astor
Henry T. Rainey
Illinois
William G. Sumner
Yale
Ida M. Tarbell
Herman Ridder
Tarbell
White Paper
Wiich
Mr. Ridger
United States
Also Mentioned on This Page
China
House of Representatives
Turkey
Gentral
South Africa
Long Island
R. R. Deficit
J.D. Powers
National Association
Fowler
Fore House Committee
NEW York Banks
Union Bag and Paper Co
Trust Merger Legal
Mercantile and Equitable Company
Senate Railroad Committee
the Paper Trust
Burbank Says International Co
Rockefeller Estate
New
Broadway
Cortlandt ST
Ike Ii
Garret
Glidden Varnish Company
Cleveland
Ohio
Vogel Brothers
8Th Ave
Cassimeres
Ridder
Rainey
Cuba
Chile
Argentina
Japan
Hoosevelt
John de Witt Warner
Horace White
Hoke Smh
Georgia
William 4
Bryan
Taft
Fairbanks
Indiana
Knox
Jdast
Republican Party
Democratic Party
Bloomingdales
Lex
3D Ave
59Th
60Th St
Street Dew
Hoboken
Hudson Tine
Uayy
Biunya
Rae Opargee
Manhattan
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