Banking Power of United States Reaches 1908 High
The 1908 Murray report shows US banking power at 17.6 billion dollars, with national and other reporting banks holding capital, surplus, profits, deposits, and circulation. It details foreign and domestic banking power, numbers of national banks, deposits, loans, and earnings, and notes a rise in resources and dividends amid overall growth.
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Washington
United States
Lawrence O. Murray
Europe
Wien
Central and
South America
eFcenb Ae
Mulhall
Centroller
Lories
National Bank
Currency Bureau
Savings Bank
de Porites
Benke
Treasury
Sts Wmisi
Banking collapses blamed on mismanagement and risk
The report cites seven banks wrecked by cashiers, one by officer defalcation, and three by fraudulent management. Additional failures stem from excessive loans, depreciation of securities, injudicious banking, and market stringency.
Fighting House Rules Insurgents target House rules in coming session
Washington dispatch reports a group of twenty five Representatives planning to reorganize to fight current House rules. Leading figures include Gardner Murdock Townsend Hubbard Norris Cooper and Hayes. They seek changes to the Rules Committee the committee on committees and calendar scheduling to curb Speaker Cannon’s influence and force prompt bill consideration. They aim to reach forty seven members to block re election of the Speaker unless rules are altered.
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Hubbard
West Virginia
Norris
Nebraska
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Wisconsin
Hayes
California
Congress
Rules
Senate
Cannon
Townsend labor dispute bill set for House vote tomorrow
Washington December 19 The Townsend bill would enable federal investigation of interstate commerce disputes between employers and labor, with a three month commission to identify causes, assign responsibility, and propose remedies. The measure, endorsed by the president, faced Democratic opposition over compulsory arbitration claims, with votes uncertain and regional splits noted.
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Washington
House
Townsend
Congress
Cochran
Interstate Commerce Committee
Lovering
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Texas
Rourke Cochran
Gordon Russell
Ryan
New York
Nicholls
Pennsylvania
Tardy
Adamson
Georgia
Richardson
Alabama
National Council of Commerce Holds First Annual Session
Washington December meeting brings about one hundred delegates from sixty five chambers of commerce boards of trade and industrial bodies. The group aims to promote foreign commerce with plans this day. Gustav J Schwab elected chairman R A Eckhart vice chairman Frank R Wiborg treasurer William R Corwine secretary and an executive committee chosen.
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Washington
National Council of Commerce
Straus
Department of Commerce and Labor
Chambers of Commerce
Boards of Trade
United States
Gustav J. Schwab
New York
R. A. Eckhart
Chicago
Frank R. Wiborg
Cincinnati
William R. Corwine
Tempest in Congress reply to President in preparation
Washington December 10 A brewing clash over the Presidents message to Congress seeks refer ment to committees for the Secret Service clause. Republican leaders plan a select committee in the House with Tawney as possible chair to expunge the section, while Senate action aims to senate approval. Democrats and anti administration Republicans pledge to push resolutions to bar the controversial passage.
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Tribune Bureau
Washington
Secret Service
Congress
Representative Perkins
New York
House
Representative Tawney
Appropriations Committee
Select Committee
Senate
Committee On Appropriations
Taft May Visit Panama Early Next Year
President elect Taft indicated in Washington that he hopes to visit the Isthmus of Panama again early next year. He told a Jacksonville Board of Trade delegation he would like to see Florida’s railroad under H. M. Flegier reaching near Key West and suggested a winter trip to Panama via Key West, though no definite decision was given.
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Washington
Panama
Taft
Board of Trade
Jacksonville
Fla
Florida
H. M. Flegier
Florida Keys
Key West
Panama envoy presents credentials before Roosevelt
Washington reports that Panama minister Sefier Arosemana delivered his credentials to President Roosevelt. Arosemana stated Panama's clear view of its U S position and high regard for U S friendship, built on events of vast consequence. Roosevelt replied with satisfaction, noting commitment to peace at home and friendly, law based international relations.
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Washington
Roosevelt
Sefer Arosemana
Panama
Sefier Arosemana
United States
Bates Seeks Lighthouse Literature Bill in House
Representative Bates of Pennsylvania urged passage of a bill to distribute six thousand Treasury reports to lighthouses, recounting noirish vigils of lighthouse guards. Speaker Cannon interrupted with laughter as Bates noted his bill had already passed the House last April and apologized for his memory.
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Tribone
Washington
Bates
Pennsylvania
Times
Cannon
Secretary of the Treasury
United States
Pates
Out of Prison, Sent to Asylum for Insane
Cyrus B. Wagar, previously in Bellevue Hospital’s psycho pathic ward for observation, was committed to the Central Islip branch of Manhattan State Hospital for the Insane following Dr. Gregory’s findings. Wagar, a 42 year old real estate broker from 113 West Sith street, had prior arrests and a recent pardon by Governor Hughes.
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Bellevue Hospital
Central Islip
Manhattan State Hospital
Gregory
Wagar
Bellevue
Eiman
West 68Th Street
7Th District
No. 113
West Sith Street
Auburn
Hughes
Senate Ratifies Arbitration and Naturalization Treaties
Washington briefing reports the Senate ratifying arbitration treaties with China and Peru and naturalization treaties with Honduras, Brazil, and Uruguay. Nominations of Martin A. Knapp for ICC chair and Herbert L. Satterlee for Assistant Secretary of the Navy were confirmed. Proctor eulogies postponed to January 9.
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Washington
Senate
Lodge
Brownsville
Knox
District Public Service Commissions
China
Peru
Honduras
Brazil
Uruguay
Martin A. Knapp
Interstate Commerce Commission
Herbert L. Satterlee
Doctor Clashing With Bronx Boy Fatal Accident
Dr Frederic De Kraft of West 7th Street struck and likely fatally injured Russell Travis of Jackson Avenue The Bronx at Lenox Avenue and 132nd Street Last night the boy suffered a fractured skull The physician aided the youth until Harlem Hospital ambulance arrived Delaney Bicycle Patrolman arrested De Kraft on felonious assault charge saying the boy ran into the car He was responding to a hurry call.
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Frederic de Kraft
West 7Th Street
Russell
Travis
Jackson Avenue
Bronx
Lenox Avenue
Dr. de Kraft
Delaney
Charitable need climbs in city last month says Charity Society
The Charity Organization Society reports demand up over 50 percent from last November with ten district offices aiding more families. The joint applica tion bureau sees more applicants as unemployment rises, 1902 woodyard tickets issued versus 391 in November 1997. Penny Provident Fund deposits rise 55 percent over November 1907.
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Charity Organization Society
Joint Application Bureau
Penny Provident Fund
Cannon on waterways at national rivers and harbors meet
Washington dispatch reports at the National Rivers and Harbors Convention Speaker Joseph G Cannon urged cautious funding while supporting needed river and harbor work He opposed a 1 99 billion bond plan but backed committee spirit and other leaders He highlighted international views from Brazil and Canada and noted New York barge canal plans and federal aid aims plus state committee actions and upcoming statewide meetings.
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National Rivers and Harbors Convention
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Arthur
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Canada
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Oklahoma
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New York
Garfield
Wilson
Department of Agriculture
Broward
Davidson
Wisconsin
J. Horace McFarland
American Civic Association
Joseph F. Ransdell
J. F. Eilison
Oswego
Thomas Spratt
Ogdensburg
John Meyers
Rouse’s Point
William B. Jones
Albany
Gustav H. Schwab
Frank Brainard
Frank S. Gardiner
Oly J. Stephens
Coroner's jury lacks cause of Goldstret sewer disaster
The King's County coroner's jury reported they cannot determine the cause or fix responsibility for the Goldstret sewer explosion that killed twelve. City engineers testified they lacked authority to enforce orders on contractors, leading Coroner Kennedy to propose contractors hire civil engineers to supervise. It is believed the Grand Jury will not pursue further investigation.
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King’s County
Goldstret
Brooklyn
Kennedy
Stony Wold Day Observed At Tuberculosis Exhibit
The Stony Wold tuberculosis exhibition hosts an afternoon program led by Rev. Dr. Robert S. MacArthur with addresses by Rev. Dr. Charles F. Aked and Dr. Livingston Farrand. Discharged patients visit to report progress. in 1907, 217 women and children were treated.
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Stony Wold
Robert S. MacArthur
Charles F. Aked
Livingston Farrand
National Association For the Study and the Prevention
Stony Wold Sanatorium
Adirondacks
Dinner planned for Mr Sherman by New York delegation
Washington December 10 The New York delegation met at the Capitol to arrange a dinner for Representative Sherman before the Christmas recess. A committee led by Olcott Dwight and Vreeland was appointed to set the date and manage the event. No date yet. a meeting is planned tomorrow.
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Washington
New York
Congress
Capitol
Sherman
Olcott
Dwight
Vreeland
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