European bankers seek central bank model amid U S financial view
Frank A. Vanderlip reports European opinion on U S banking laws as unscientific and prone to crises. Paris and France favor a central bank of issue like Germany and discuss a shift toward investing in U S securities, while noting tax barriers and limited small investor markets. Vanderlip also comments on Harriman’s Erie actions and Taft’s presidential prospects.
MENTIONED IN THIS ARTICLE
Frank A. Vanderlip
National City Bank
James Stillman
Europe
Provence
Italy
Paris
Scarborough
N. Y
Mr. Vanderlip
Harriman
The
Erie
United States
Vanderlip
France
Germany
Taft
National
National Bank of Commerce
Paper Trust Dispute At House Hearing Highlights Cost Shifts
John Norris of The New York Times testified before the House committee on the paper industry. He argued the Paper Trust boosted prices by 12 dollars a ton while claiming only a 52 cent production cost rise, noting Hudson River Mill costs fell 1.13 a ton and labor wages were unusually low. He cited U.S. Bureau of Labor reports showing wage declines in 1906 compared with the prior year.
MENTIONED IN THIS ARTICLE
New York Times
Washington
House
John Norris
International Paper Company
Norris
Paper Trust
Hudson River
Mann
New York State
Kann
Massachusetts
United States Bureau of Labor
Mrs Edleman A Good Sailor On Provence Voyage
Ruth Edleman wife of a Californian living in Paris was hailed for steadiness aboard the French liner Provence as seas ran rough. Captain Poncelet awarded her a photo inscribed with a French verse praising her bravery and beauty after nearing the North River docking, with d Estrees officers aboard.
MENTIONED IN THIS ARTICLE
Provence
Ruth Edleman
Paris
Poncelet
North River
Sanitation Report From Cuba By Dr A H Doty
Dr A H Doty Port Health Officer returned from Cuba after visiting Havana Santiago Matanzas and Camaguey He conferred with US medical officers Army officials and marine hospital surgeons about health and sanitary arrangements Certificates will be issued to Havana travelers but Southern bound passengers will be detained on arrival for five days for health reporting.
MENTIONED IN THIS ARTICLE
A. H. Doty
Mexico
Cuba
Hawaii
United States
United States Army
Havana
Marine
Kean
Doty
Matanzas
Camaguey
Santiago
Dr. Doty
Amsees
Marine Hospital Service
New York
Morse Pays Off Bank Debts and Plans Asset Liquidation
Charles W. Morse settles a $405,676 suit with $250,000 paid, clearing most bank debts. He faces a separate $700,000 director liability suit and remains under indictment. A syndicate plans asset liquidation to repay depositors, with a May 15 cash dividend to depositors and a move to turn assets to stockholders’ agents.
MENTIONED IN THIS ARTICLE
Charles W. Morse
Eee
Clearing House Committee
Hanna
National Bank of North America
Stock Exchange
Morse
Europe
Mr. Morse
C. W. Morse
Washington
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A. Jaeckel & Co
Furriers
Fifth Avenue
National of N. America
Federal
Euchre Party
Pastor MacCullough
Middletown
W. MacCullough
Baptist Church
MacCullough
Scranton
New Bern
N. C
Third
E. C. Duncan
Beaufort
Carteret County
North Carolina
Chicago
W. H. Sawyer
Stonewall
H. F. Brown
Tuckahoe
T. D. Hewitt
Newport
R. W. Blackmore
Warsaw
St. Gall
Belfast
CREX
Aves
34Th Street
Panama
Akan & CO
UNION
Bakman & C O
LSS
Akman & CO
35Th Street
5Th Avenue
New Park
Tussah
Empire
Liberty
Aes