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This newspaper page contains 5 articles. Subscribers can read the full text of each article.

Newspaper

New York Times

Location

New York, New York, United States of America

Date

May 03, 1908

Page

4

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.

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.

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.

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.

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.

Charles W. Morse Eee Clearing House Committee Hanna National Bank of North America Stock Exchange Morse Europe Mr. Morse C. W. Morse Washington

Also Mentioned on This Page

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
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