Massive U S Banking Power Reported in 1908
The 1908 annual report of Controller of the Currency Lawrence Murray shows United States banking power at 26.77 billion dollars, with national banks holding assets of 9.71 billion, capital stock of 900 million, deposits about 4.55 billion, and a growing national system including 852 associations.
MENTIONED IN THIS ARTICLE
Washington
United States
Lawrence O. Murray
Mulhall
Labilitr
Toctober
Henke
Currency Bureau
FOE
Banke
al Henake
Treasury
Bank Failures Attributable Causes Across Year
During the year, seven banks failed due to cashier misconduct, one from officer defalcation, and three mainly from fraudulent management. Additional failures stemmed from excessive loans, depreciation of securities, injudicious banking, and market stringency, with several cases tied to large debtors and director loans.
Fighting House Rules Meet Aimed at House Rules
Washington dispatch notes twenty five Representatives plan to form an insurgent bloc to overhaul House rules. Leaders Gardner Murdock Townsend Hubbard Norris Cooper and Hayes push reforms including electing the Rules Committee and expanding it. They want two Thursdays monthly for calendar bills and seek Speaker Cannon’s restraint, hoping to force change if they reach forty seven members and avoid any Democrat coalition.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Capitol
House
Gardner
Massachusetts
Murdock
Kansas
Townsend
Michigan
Hubbard
West Virginia
Norris
Nebraska
Cooper
Wisconsin
Hayes
California
Congress
Senate
Cannon
Townsend labor dispute bill debated in House
The Townsend bill to investigate interstate commerce labor controversies dominated three hours of House debate. It would appoint a three month commission to assess causes, assign responsibility, and suggest remedies, with President transmitting recommendations to Congress. Critics fear compulsory arbitration. supporters say only thorough investigation informed by public sentiment.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
House
Townsend
Congress
Cochran
Interstate Commerce Committee
Lovering
Massachusetts
Rourke Cochran
Gordon Russell
Texas
Ryan
New York
Nicholls
Pennsylvania
Hardy
Adamson
Georgia
Richardson
Alabama
Council of Commerce Meets in National Body
The first annual session of the National Council of Commerce opened at the Department of Commerce and Labor. About one hundred delegates from sixty five chambers and boards attended. Gustav H. Schwab was elected chairman with R A Eckhart vice chairman Frank R Wiborg treasurer and William R Corwine secretary. An executive committee was chosen.
MENTIONED IN THIS ARTICLE
Washington
Dec
National Council of Caramerce
Straus
Department of Commerce and Labor
Chambers of Commerce
Boards of Trade
United States
Gustav H. Schwab
New York
R. A. Eckhart
Chicago
Frank R. Wiborg
Cincinnati
William R. Corwine
Tempest in Congress Reply to President in Preparation
Washington debate grows over President message on Secret Service with resolutions to reference the section to committees. Perkins will introduce in the House to consider expunging the Secret Service clause. Senate action undecided as leaders seek a controlled inquiry.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Secret Service
Congress
Representative Perkins
New York
House
Representative Tawney
Appropriations Committee
Select Committee
Senate
Committee On Appropriations
Taft Hints At Panama Visit From Key West Route
President elect Taft indicated he wished to visit the Isthmus of Panama again early next year. Speaking to Jacksonville Board of Trade he spoke of a Florida trip before taking office and showed interest in the Florida Keys railroad project to near Key West. He did not give a definite reply to the delegation.
MENTIONED IN THIS ARTICLE
Washington
Panama
Taft
Board of Trade
Jacksonville
Fla
Florida
H. M. Flegier
Florida Keys
Key West
Panama Minister Presents Credentials to Roosevelt
Washington witnessed a notable exchange as Sefier Arosemana presented his Panama ministerial credentials. He stated Panama’s clear view of its role toward the United States and esteem for the U S friendship, built on events of vast consequence. Roosevelt listened with gratification to the pledge to maintain peace at home and friendly relations abroad guided by international law and justice.
MENTIONED IN THIS ARTICLE
Washington
Roosevelt
Sefier Arosemana
Panama
United States
Bates Fails Memory in Lighthouse Bill Pursuit
Representative Bates of Pennsylvania urged passage of a bill to distribute six thousand Treasury reports to U S lighthouses. Speaker Cannon and colleagues teased as Bates noted the bill had already passed last April. Bates admitted his intentions were better than his memory.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Bates
Pennsylvania
Times
Cannon
Secretary of the Treasury
United States
P Bates
House
Out of Prison and Committed to Asylum for Insanity
Cyrus R. Wagar, 42, formerly in Bellevue psycho pathic ward, was committed to the Central Islip branch of Manhattan State Hospital for the Insane after Dr Isregory’s findings. He had been jailed and released, returned to Bellevue for observation, claimed to be a real estate broker, and previously served time at Auburn Prison for assault. he lived at 113 West Sixth Street.
MENTIONED IN THIS ARTICLE
Cyrus R. Wagar
Bellevue Hospital
Central Islip
Manhattan State Hospital
Isregory
Wagar
Bellevue
Kiman
West 6&Th Street
7Th District
No. 113
West Sith Street
Auburn Prison
Travernor Hughes
Senate Ratifies Treaties and Confirms Nominations
Washington reports the Senate met briefly and ratified arbitration treaties with China and Peru and naturalization treaties with Honduras, Brazil, and Uruguay in executive session. It confirmed Martin A. Knapp as ICC chairman and Herbert J. Satterlee as Assistant Secretary of the Navy. Proctor's eulogy was postponed to January 9 as adjournment occurred until Monday.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Senate
Lodge
Brownsville
Knox
District Public Service Commissions
China
Peru
Honduras
Brazil
Uruguay
Martin A. Knapp
Interstate Commerce Commission
Herbert J. Satterlee
Physician Runs Over Boy in Bronx Accident
Dr Frederic De Kraft of West 7th street struck Russell Travis of Jackson avenue The Bronx on Lenox avenue and 1324 street last night The boy suffered a fractured skull and was taken to Harlem Hospital An ambulance arrived and Patrolman Delaney arrested the physician on a felonious assault charge claiming the boy ran into the car The doctor was said to be answering a hurry call.
MENTIONED IN THIS ARTICLE
Frederic de Kraft
West 7Th Street
Russell &. Travis
Jackson Avenue
Bronx
Lenox Avenue
Harlem
Delaney
de Kraft
Dr. de Kraft
Watroiman Delaney
Charity Aid Demand Surges in November Says Society
The Charity Organization Society reports over a 50 percent rise in families helped across ten district offices from November last year. The joint application bureau notes a large increase in applicants. Unemployment rises with 1902 Woodyard tickets issued versus 391 in November 1997, while the Penny Provident Fund shows a 55 percent year over year deposit increase.
MENTIONED IN THIS ARTICLE
Charity Organization Society
Socety
Joint Application Bureau
Penny Provident Fund
Rivers and Harbors Session Sees Key Addresses
At the National Rivers and Harbors Convention Joseph G. Cannon spoke against unsafe debt funded projects while endorsing targeted river improvements. The program featured Ambassador Nabuco and W C Edwards discussing Brazil and Canada, with J A Ockerson and James Van Cleave urging larger federal appropriations and the Lakes to Gulf route.
MENTIONED IN THIS ARTICLE
Washington
National Rivers and Harbors Convention
Joseph G. Cannon
House of Representatives
Joaquim Nabu
Brazil
Arthur
Rivers and Harbors Committee
Representative Burton
Congress
Nabuco
W. C. Edwards
Canada
Anthony Higgins
United States
Delaware
James W. van Cleave
National Association of Manufacturers
J. A. Ockerson
Mississippi River Commission
van Cleave
Lakes-to-the-Gulf
Mississippi River
National Rivers and Harbors Congress
Ockerson
Charles S. Deneen
Illinois
Ilinois
Robert L. Owen
Oklahoma
Frederick Skene
New York
Garfield
Davidson
Wisconsin
J. Horace McFarland
American Civic Association
Joseph F. Ransdell
J. F. Ellison
Coroner's jury urges civil engineers for contractors after sewer blast
The King's County coroner's jury in Brooklyn's Goldstret sewer explosion report they cannot find the cause or assign fault in the disaster that killed twelve. City engineers testified they had no authority to enforce orders on contractors. Coroner Kennedy said he would push to hire civil engineers to supervise future projects. It is believed the Grand Jury will not reopen the case.
MENTIONED IN THIS ARTICLE
King’s County
Goldstret
Brooklyn
Kennedy
Stony Wold Day Exhibition to Feature Tuberculosis Leaders
This afternoon Stony Wold tuberculosis exhibition will be led by Rev. Dr. Robert S. MacArthur with addresses from Rev. Charles F. Ake and Dr. Livingston Farrand, secretary of the National Association for the Study and Prevention of Tuberculosis. discharged patients from Stony Wold Sanatorium visit to report progress, and historical note recalls 1847 treatment of 217 women and children.
MENTIONED IN THIS ARTICLE
Stony Wold
Robert S. MacArthur
Charles F. Ake
Livingston Farrand
National Association For the Study and the Prevention of
Stony Wold Sanatorium
Adirondacks
New York Delegation Plans Dinner for Mr Sherman
Washington December 10 The New York delegation in Congress met at the Capitol to arrange a dinner for Representative Sherman before the Christmas recess. A committee of Olcort Dwight and Vreeland was appointed to set the date and organize the event. No date has been fixed. a meeting will be held tomorrow. Only a small number of guests is expected.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
New York
Congress
Capitol
Sherman
Olcort
Dwight
Vreeland
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Board of
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