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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Apr 14, 1908
Page
18
Washington reports Speaker Cannon backs a caucus to press financial legislation with an asset currency approach. The Vreeland substitute mirrors Aldrich but allows clearing house associations to issue emergency notes backed by capital. Debate centers on reserves, banking interests, and potential Senate misgivings, with support and opposition from bankers and chambers nationwide.
Washington April 13. The Aldrich financial bill passed by the Senate was discussed today before the House Committee on Ranking and Currency. Speakers urged delaying passage of any emergency measure and favored a permanent finance bill or a new commission to study the matter. Glover and others from Minneapolis St. Paul Boston Philadelphia and Richmond argued financial conditions have improved and that panic is not looming. The La Follette amendment restricting banking officers from owning stock in allied corporations was debated. Some endorsed an increased currency and a commission report to Congress, with hearings to continue tomorrow. Alexander Gilbert of the New York Clearing House opposed the bill, arguing it would force banks into risky bond investments and perpetuate a system conservatives have sought to abandon. He noted that clearing house certificates would never be unnecessary in a true panic under the current system.
Washington April 13 The Senate Judiciary Committee reported a bill to regulate federal court efforts to enjoin state officials enforcing state laws. The measure, backed by Mr Overman, would bar a single judge from granting such orders and require at least three federal judges to hear requests with two circuit judges and a third judge. It mandates five days notice to state authorities and allows direct appeal to the Supreme Court.
Washington April 13. If House Mines and Mining Committee plans succeed John Mitchell ex president of the United Mine Workers will be named director of the bureau of mines and mining created by a favorable House report. The administration will consider his appointment after passage. The bureau will operate under the Interior Secretary with a $6000 salary.
The body of Rev. Dr. Charles Elmer Allison, pastor of Day Spring Presbyterian Church in Yonkers, was found in the North River at 18th Street. Identified by Yonkers police and church officials, he had been missing since January 2 after being last seen on the Yonkers pier. Authorities note acute nervousness but foul play is not confirmed.
Austin April 12 suits for penalties totaling over one million dollars per defendant were filed in the District Court by Attorney General Davidson against the Houston and Texas Central Houston East and West Texas and the Gulf Colorado and Santa Fe railroads for failing to follow Railroad Commission orders issued last August requiring reports of freight handled legal department expenses and loss and damage claims fines of five dollars a day for each day of failure to report after thirty days from issuance of the orders are sought.
Philadelphia April 12. Trunk lines announce higher grain rates on car lots from Buffalo to this and other Atlantic ports. Wheat climbs from 6 to 11 cents a bushel, corn from 4 to 8 and barley from 5 to 7 cents. Flaxseed stays at 9 cents and oats at 4 cents. Export grain rates unchanged.
Chester Pennsylvania April 13 workers at Chester Traction Company strike after 10 percent wage cut. A city hall police run ends in broken windows and a clash with state police. Troopers clash with rioters, mounted units in use, several injuries, martial law declared, streetcars suspended after eight day stoppage. Pensacola infantry and Gatling guns mobilize to reopen transit with more strike breakers arriving.
Attorney General Bona parte informs Speaker Cannon that federal inquiry into alleged wood pulp and print paper combination is underway. No evidence yet justifies legal action. investigation to continue with U.S. attorney probing possible Sherman Act violations and reporting when appropriate while protecting justice.
The conference committee agreed to a $12,000,000 total appropriation for widows of Civil Indian and Mexican War veterans married before June 27, 1890. Eligible widows will receive $12 monthly, up from $8, benefiting about 181,000 women, with an amendment repealing the income cap of $250 a year.
Senator Foraker proposed an amendment to the railroad rate law in Washington on April 13. It would exempt properties owned by railroads before the law's passage from the commodities clause allowing continued interstate transport of articles mined or manufactured by the railroads. The change would bar future railroad ownership of mines and shipment of their output.
Secretary Cortelyou told Congress New York post office officials plan to relocate the mailing division to the Hudson Terminal Buildings. He requests a $20,000 appropriation to renovate the vacated space, to be used for post office needs. Representative Vreeland of New York will push the measure through Appropriations.
The Johnson campaign bureau released a statement asserting that ex-Senator Pettigrew of South Lakota believes he has been chosen for Secretary of the Treasury if Bryan wins the nomination. The claim frames Pettigrew as a key financial cabinet pick in the event of Bryan’s victory.
A wireless Detroit-style report places the fleet in line of squadrons as battleships Georgia and others near San Diego to begin a welcome parade. Rear Admirals Sperry and Thomas organize five divisions of bluejackets and marines led by Captain Schroeder and Major Williams for a world cruise starting in July. The march includes coast artillery escorts, National Guard units, and veterans groups with Governor Gillette greeting the fleet.
The American Asiatic squadron assembles at Subig Bay on April 13 under Rear Admiral Joseph N Hemphill for a four month northern cruise. The force plans to show the flag in China and Japan with One group sailing up the Yangtse Kiang and another toward Vladivostok. Galveston and Chattanooga remain to receive the Japanese training squadron before cruising to Saigon Bangkok and Singapore.
Rear Admiral Evans is much better and attends to his correspondence in Paso Robles hotel. Mrs Evans and her daughter, Mrs Marsh, greet callers in the lobby. James Phelan, head of the San Francisco fleet reception committee, arrives and speaks briefly with the admiral.
Washington April 13 The House made unexpected progress on the Naval Appropriation bill as it laid aside half the measure for the day and prepared for battleship debates. Pay raises for navy and marine personnel were struck on a point of order. A proposed ban on private work by bands failed. Senate routine business included a speech urging adequate funding for public buildings in the capital.
Washington April 13 the President plans a meeting tomorrow with Representative Watson to discuss Congress adjournment. Watson will argue for May 9 while Republican leaders urge early adjournment citing limited remaining legislation and Democratic delays. Watson seeks early adjournment to return for Indiana governor campaign duties. The President may press forward on measures such as a financial bill and child labor reform, possibly setting a later adjournment if needed.
Washington on April 13 Secretary Taft approved a Niagara Falls committee recommendation directing the Niagara Lockport Ontario Power Company to restore natural growth on the gorge side where power enters the United States. The order enforces a permit condition and aligns with Taft’s plan to maintain the falls natural beauty.
Berlin reports a historic garrison churen on Neue Friedrichstrasse dating from 170 was totally burned. Many old regimental flags torn by battle were destroyed in the blaze. Only one flag survived the fire.
Senate and House conferees on the army appropriation bill met for hours to harmonize differences and approve pay raises. Orders issued transfer officers to new posts including Craighill to Baltimore and Hoxie to Fort Omaha, with several others to Seattle Fort Mason and Philadelphia. Warship movements report arrivals at San Diego Blaine and New York and deployments toward Mare Island Curacao and Newport.
Wireless message from Captain Bruinsma reports Hollend America Line steamer Statendam picked up the Breiz Huel, left Dunkirk March 13 bound for New York, in latitude 41 40 north longitude 60 8 west. Breiz Huel had a broken rudder and was low on coal. wind was light west with rain and snow. Breiz Huel sought tow into Fayal port after last calling at Fayal.
Washington April 13 a bill by Representative Cousins of Iowa outlines US policy to own embassies and legations abroad. It authorizes the Secretary of State to spend up to 2,000,000 for suitable buildings in China Japan Korea Russia Austria Germany and Mexico with specific consular offices listed in Chinese and Japanese cities and Seoul. It also dedicates 1,000,000 immediately to begin implementation. Albany April 13 the Assembly passed the Ward bill striking from primary rolls in New York City those not residing where enrolled, shifting proof to the voter. Also approved was Robinson’s measure cutting election district voters from 3 to 4.
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