27 Oct 1907
Page 8
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This newspaper page contains 29 articles. Subscribers can read the full text of each article.
Newspaper
New York Times
Location
New York, New York, United States of America
Date
Oct 27, 1907
Page
8
A discussion of a money panic not as panic of minds but as a shortage of immediate money due to overextended trade. It cites US spending, proposes Clearing House certificates to release currency, and endorses American Bankers Association reforms to stabilize the banking system and restore normal liquidity.
The Bar Association and Citizens' Committee of from civic associations have endorsed aspirants for the Supreme Court and Court of General Sessions. Judge McGee and J. W. Gerard are approved for the Supreme Court while Judge Whitman is unqualifiedly approved for the Court of General Sessions. Other Democratic candidates are endorsed by the committees.
The Bar Association strongly disapproves Justice Joan Henry McCarthy's candidacy for re election to the City Court. Voters are urged to choose to promote soundness and efficiency across the three courts involved.
The passage credits Mr Morgan with steady leadership and broad experience in finance, noting his long career in banking and his world wide reputation as a connoisseur of the arts. It emphasizes his sagacious counsel and decisive role in resolving vexing difficulties, calling him the man of the hour.
Foreign buyers formerly financed imports in advance but now delay payments until delivery. Prince Niatowsky estimates the shift leaves the US to cover about 200 million dollars in accommodation. By reducing Europe financing from 350 million to 100 million, the system may ease near term strain as gold flows and bank credits rise.
The piece argues that Clearing House certificates are a relief against stringency, not a sign of it, and notes that banks prefer not to issue them due to depositor risk. It explains how only a portion of bank balances are settled in cash, with devices like gold certificates and manager checks reducing cash transfers while certificates represent solid assets rather than gold. Depositors’ reluctance to keep money in banks drives use of such certificates.
The article notes that weaker banks may benefit from a temporary credit expedient, easing fears of loan calls and collateral sales. It states many borrowers will feel relieved as these loans are retired once crops are converted to cash, a process the expedient supports.
Cable reports show the Kaiser angered by his name in the libel case of Kuno von Moosteke against Harpen the Radical. Public sympathy lies with the Emperor and his family as the affair is seen to scandalize but not endanger the German throne. The Angelo murder trial raises questions about evidence and judicial missteps, with critique aimed at the coroner and local police.
In Yonkers six strikebreakers were arrested after stones obstructed trolley lines and three thousand people clashed with authorities. Officials consider militia deployment to restore order and threaten the company’s charter for failing to run cars while demanding better Public Service Commission oversight.
The University of Chicago directs athletic teams under Staca to test non-flesh diets, with interest from army economists and Yale studies. Reports mention Mile. Dr. J. Sorerko and Mile. Varta Kiprant in Brussels, showing vegetarians outperform carnivores in fatigue recovery and complexion, while noting debates on protein needs and fatigue toxins in meat.
A damaged OCR fragment mentions procedural gaps in evidence handling and chain of custody. The brief hints at questions surrounding admissibility and procedural integrity without detailing names or dates.
Congressman Hvuuu, chairman of the Military Affairs Committee, cites a 10,000 to 15,000 enlistment shortfall and faults the War Department for harsh drills, poor pay, and lack of canteen support. He urges Congress to boost pay, restore canteens, and pass Senate-approved Medical Corps reform, while blaming the President and Secretary of War for stopping forced marches.
At a Friday hearing, officials spar over a 1.5 million cut from a 145 million budget. Secretary W H Allen warns arbitrary cuts cannot replace prudent economies, while Controller Merz laments fake budgets and argues for modern budgeting methods amid a growing city needing 1,400 more police and better revenue planning.
A review condemns Basu Tozer's essay in The Nineteenth Century for promoting yellow science about premature burial. It argues the work alarms credulous readers and misstates danger of being buried alive, claiming many have fear of future burial.
The passage argues against sensational death rumors and medical myths. It cites Raenen Ferrix’s alleged Paris trance and embalming revival, then notes Ferrix died in Cannet in 1858 after long illness. It dismisses Dr Franz Hartmann's tale as a myth and asserts authentic signs of death are clear.
Edward J. Sullivan of New York calls on private lenders mortgage owners and property tenants to extend interest and payments by sixty to ninety days to steady banks during a financial scare. He reports widespread client agreement and urges all holders to help calm depositors and prevent bank runs.
A letter to the editor urges support for David L. Weill on the Democratic ticket in Manhattan Seventh District. Clarence S. Houghton and firm colleagues endorse his candidacy, praising his integrity, experience, and fitness for the Municipal Court bench, noting endorsements by the Citizens' Union and Bar Association.
A New York reader complains that a woman repeatedly followed and harassed by men for three days received no police protection or timely detective help. She cites beat limits busy officers and misdirected assistance as reasons for no arrests and questions whether laziness or collusion with hoodlums explains the failure.
An English traveler visiting New York in October 1907 condemns local treatment of horses, praising a humane society if it exists and calling the city’s cruelty disgraceful after seven weeks in the Western States. He notes heavy burdens and abusive beating, urging civilization to protect animals.
A satirical verse attacks J P Morgan as wicked and doomed while praising him as the savior of a city’s bonds. The poem mocks bankers and trust crises, referencing credit and financial collapse in a raspy, period voice.
President Roosevelt designates the last Thursday in November as Thanksgiving Day. He urges national reflection on gratitude, moral responsibility, and devotion to God, calling for all citizens to pause work and join in prayer and thanks. He highlights peace, resources, and the duty to use talents wisely.
A letter from Julia Huppert argues for women to claim equal rights and responsibilities, criticizing in line cutting and special privileges. She praises chivalry but calls for freedom with accountability, noting many women self-reliant yet too few, urging broader empowerment and parity.
Albert H. Walker of New York criticizes Herman Ridder in a letter dated October 25 1907 for arguing a merger among white newspaper producers and for asserting that free trade would lower prices. Walker contends there is no surplus in the U S market and notes raw materials are already freely importable from Canada for domestic use or sale.
The fragment suggests Henry is not dead but living with Anjulz as a settled, beaming figure. A portrait of domestic bliss follows a claim he may be transtigated, with a devine Jem wife and calm evenings beside him as Mrs Hank cares for the house. Further lines hint at a cozy family scene and a safe, ordinary future.
Secretary Root declares no friction exists between United States and Japan to block sending the battleship fleet to the Pacific after a White House conference with Viscount Aoki. The Pacific cruise now set for December 16 with no press corps invited aboard and news items controlled by Admiral Evans's aide.
Secretary of War Taft will reach Baguio by auto on Benguet Road with crowds set to greet him. A typhoon expected from Manila could delay his visit for several days, despite planned golf, riding, and a luncheon with Governor Pack. A reception for army officers is scheduled at John Hay post tonight.
Secretary Taft’s inspection of Subig Bay fortifications in the Philippines prompted a late afternoon conference in General Oliver’s War Department office. Expert officers Gen Duvall Mackenzie Murray and Major Wilson attended to brief on fortifications and related matters.
President Roosevelt turns 49 tomorrow with a quiet family celebration at the White House. He will also receive congratulations from the Hungarian Club of New York in a midday East Room reception, a yearly custom honoring the President on his birthday.
John D. Rockefeller provided funds to the Legal Aid Society to add office space at its West Side Branch located at 741 Tenth Avenue near the West Side Neighborhood House. The gift supports expanded services in the area.
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