Conferrees Agree on Railroad Bill Face Insurgent Cheer
House and Senate conferrees reach agreement on the railroad bill. Democrats pledge to oppose the report in both houses while insurgents celebrate the long and short haul clause and other progressive provisions. Mann leads the House victory and pressure for Senate timing, with expected Senate passage before adjournment.
MENTIONED IN THIS ARTICLE
New York Times
Washington
House
Senate
Court of Commerce
Commission On
Commission
Mann
Mr. Mann
Regulation of monopolies urged by Judge Grosscup
Chicago judge Peter S. Grosscup told the Academy of Law that final regulation of railroad and industrial combines requires treating natural monopolies as subject to valuation. He warned Taft’s plan may not end the old struggles and urged rates that reflect full value of assets and a fair return.
MENTIONED IN THIS ARTICLE
Philadelphia
Peter S. Grosscup
Chicago
Academy of Law
Grosscup
Taft
Insurgents Map New House Rules Fight Ahead
Washington reports insurgents plan a Feb tu ary to push a second rules change led by Fish and Norris. They seek power to bypass committees and move measures to the floor, with allies pledging around 47 votes. Democrats fear loss of control as Roosevelt’s homecoming looms and a lively post adjournment session is anticipated.
MENTIONED IN THIS ARTICLE
New York Times
Washington
Col
Roosevelt
Rules Committee
House
Fish
Norris
Sherley
Kentucky
Committee
Fowler
Altogeter
President Brown Optimistic On Rail Road Prospects
W C Brown, arriving in Chicago, expressed a cheerful view on railroad outlooks. He defended the New York Central Lines against criticism and predicted the Railroad Rate bill will be justly handled. He attributed last winter’s congestion to weather, not road capacity, and dismissed shippers’ protests as unsettled claims.
MENTIONED IN THIS ARTICLE
Chicago
W. C. Brown
New York Central Lines
Mr. Brown
New York Central
J. J. Hill
Lumber rate increase delayed by eastern railways
Eastern railways including the Boston and Maine and the Canadian Pacific agreed to postpone a proposed 10 percent lumber rate hike from June 15 to August 1. Attorney General Wickersham notified road presidents that the delay allows the Interstate Commerce Commission to investigate before the increases take effect.
MENTIONED IN THIS ARTICLE
Washington
Eastern
Boston & Maine
Canadian Pacific
Inter-State Commerce Commission
Wickersham
Inter-State
Commere Commission
Prosecutions Rise Over Sugar Drawback Frauds
Federal authorities push new cases arising from sugar frauds tied to the American Sugar Refining Company. Evidence from the Williamsburg piers weighing frauds points to more than 1 million dollars in purported drawback claims for sugar refined for export. Oliver Spitzer testified, detailing fraud scale and potential criminal exposure for individuals and the trust.
MENTIONED IN THIS ARTICLE
American Sugar Refining Company
Helke
Williamsburg
Oliver Spitzer
Trust
Ransdell Urges South as Refuge for Immigrants
Representative Ransdell of Louisiana in Washington urged adopting a “Go South” policy to attract immigrants and citizens from congested cities. He warned mounting prices if urban growth continues and cited 312,614 people relocating to Canada with property totaling 12 million. He said the South can provide farms and jobs and that whites and blacks can dwell together in friendly cooperation.
MENTIONED IN THIS ARTICLE
Washington
Ransdell
Louisiana
House
Canada
South
The
Louisiana Statesman
Europe
United States
Mr. Ransdell
Railroads defend rate hikes before New Jersey commission
In Trenton on June 14 the State Railroad Commission unanimously backed a plan to revalue the Pennsylvania Erie Lackawanna and Central Railroad of New Jersey properties to assess the July 1 rate increase. Rail officials urged the need for higher fares citing improved service and facilities.
MENTIONED IN THIS ARTICLE
New York Times
Trenton
N. J
Pennsylvania, Erie, Lackawanna, and Central Railroad of New Jersey
State Railroad Commission
Williams
Inter-State Commerce Commission
State Board of Assessors
New Jersey
George W. Boyd
Pennsylvania Railroad
Commission readies inquiry into proposed rail freight hike
The Inter state Commerce Commission prepared to investigate the proposed freight rate increase recently filed and later held up. An attorney was appointed to handle the matter for the commission. Examiners will hear the case first, then the full commission. Officials promised no delay and a fair decision for both railroads and shippers.
MENTIONED IN THIS ARTICLE
Washington
Inter- State Commerce Commission
Mayor backs uptown avenue plan with taxes on property
Mayor Gaynor said he favors a new uptown avenue between Fifth and Sixth Avenues but will not push it without stronger public support. He proposes assessment on property owners to fund the project.
MENTIONED IN THIS ARTICLE
Gaynor
Fifth
Sixth Avenues
Directors Seek Voluntary Dissolution of Safe Deposit Co
Chauncey M. Depew and fellow directors applied to Supreme Court Justice Glegerich for permission to dissolve the American Safe Deposit Company a $200000 corporation that reports no debts and 850128 in assets including 550000 cash on deposit with banker James Stillman who owns 145000 of the capital stock The firm sold its business to the Lincoln Safe Deposit Company on December 31 1906.
MENTIONED IN THIS ARTICLE
Chauncey M. Depew
William A. Sirhonson
William C. Story
Alfred Skitt
American Safe Deposit Company
Supreme Court
Glegerich
James Stillman
Lincoln Safe Deposit Company
Graft charge on floor of House sparks tense debate
Texas Representative Randell moves to discharge the Judiciary Committee over a stalled gift ban bill for lawmakers and officials. He accuses committee members of personal interests tied to corporations, prompting sharp exchanges with Representative Malloy and others. The motion fails 121 to 0 as dems and reps clash.
MENTIONED IN THIS ARTICLE
New York Times
Washington
House Committee On Judiciary
Congress
Randells
Texas
Randell
Malloy
New York
Malby
Judiciary Committee
Tawney
Committee On Judiciary
Senate Delay Sought on Corporation Tax Due to Supreme Court
Senator Crllom introduced a resolution to postpone the Payne Aldrich corporation tax until January 1, 1911 because the Supreme Court has not ruled on its constitutionality. The move faces likely opposition and may die in committee. Treasury notes show only about 1.2 million paid of 26 million due, as big firms delay payments to avoid extra interest.
MENTIONED IN THIS ARTICLE
Senate
Mann
White House
Aldrich
Sper
New York Times
Washington
Crllom
Payne-Aldrich
Supreme Court
Committee On the Judiciary
Treasury
Panama
Bathtub Trust Inquiry Underway In Washington
The government is probing an alleged illegal combination known as the bathtub trust. Attorney General Wickersham declined to comment but did not deny an ongoing investigation into alleged price fixing among jobbers and manufacturers.
MENTIONED IN THIS ARTICLE
Washington
Bathtub Trust
Wickersham
Sheridan estate report details New York Fire Department fund bequest
Greenleaf K. Sheridan died December 29 leaving a will that sets apart 5000 for the Relief Fund of the New York Fire Department. The personal property totals 347801 with a fealty of 80222 and a net estate of 413444 per the transfer tax office report filed yesterday.
MENTIONED IN THIS ARTICLE
Greenleaf K. Sheridan
New York Fire Department
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Senate Today
Bill
Special Commission
Adamson
Shively
Indiana
Cammeyer
Russia
House Managing Committee
President Brown
Commerce Commission
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Commerce Board
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Lord & Saylor
Broadway
20Th St
Sth Ave
16Th St
Dixie
Jersey Lines
Winding Up Safe Deposit Company
Lexington
9Th
Bloomingdale's
Theodore Haviland
Limoges Chine
Bloomingdales
Lex
3D Ave
59Th
60Th St
Dell
Mr.maley
the Provident Loan Society OF
OPEM
Manhattan
Fourth Avenue
25Th Street
Eldridge Street
Rivington St
Seventh Avenue Bet
48Th
49Th Sts
125Th Street
Park Avenue
Grand Street
Clinton Street
Brooklyn
Graham Avenue
Debevoise
Pitkin Avenue
Rockaway
St. &Courtlandt
Bronx
Bathtub Trust Inquiry
Ong
Selden
Packard Motor Car Co
Saks Auto Coats
Broadivey Lake & Company
34Th Street
Fifth Avenue
Thirty-ninth Street
the Oriental Store
Atlantine
A. A. Vantine & CO. Orientalists and Row
Cael
Sta
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