Finance Law Insight Senate Currency Plan
Washington reports the Senate Finance Committee aims to draft emergency currency legislation by January with a $100 million cap and a 7 percent tax. The bill would tie national bank issuance to collateral, possibly eight district advisers, and consider state and local bonds, not broad industrials. Debate and House action are anticipated, with possible Fowler bill influence in the House.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Senate Committee On Finance
Senate
House
United States
Secretary of the Treasury
Finance Committee
Committee On Banking and Currency
Cannon
Fowler
Druce Case Action Postponed After Conference
London reports that George Hollamby Druce and the prosecution counsel conferred to discuss the case and potential further steps. A decision was postponed to next Saturday to review reports from the grave opening of T. C. Druce.
MENTIONED IN THIS ARTICLE
G. H. Druce
London
George Hollamby Druce
Druce
T. C. Druce
Taft to Speak in Cooper Union Inspires Institute
Charles Bproque Smith of the People’s Institute says William H. Taft will speak at Cooper Union under the institute’s auspices. Provisional plans set for the Secretary of War to address on an January evening. Taft reached Millbury Mass with his aunt Miss Della C Torrey and left for Washington without stopping in New York.
MENTIONED IN THIS ARTICLE
Charles Bproque Smith
People’s Institute
William H. Taft
Cooper Union
Institute
Taft
Millbury
Mass
Della C. Torrey
Washington
New York
Japan Replies With Friendly Emigration Plan
Tokyo hands ambassador a memorandum replying to U S suggestions on future emigration restrictions. It accepts some points, rejects others as incompatible with Japan's dignity, and outlines tighter controls to prevent labor migration. Officials emphasize past mistakes and promise improved administration to safeguard Japan's development and friendly ties with America.
MENTIONED IN THIS ARTICLE
Tokio
O’brien
United States
Japan
Associated Press
America
Washington
Foreign Office
Canada
Vancouver
First Riot Of Year Breaks Out In City Streets
A riot between whites and blacks near 534 street and Eighth avenue shortly after 1 am left Patrolman Thomas Hayden stabbed five times and about 20 men with pistol or blade wounds. The clash began after an argument between two white men and a negro outside a saloon near 53rd Street. Police and reserves broke up the melee after about 30 minutes. Hayden and James Barron, in plain clothes, intervened. About a dozen wounded civilians later sought care at Roosevelt Hospital.
MENTIONED IN THIS ARTICLE
534 Street
Eighth Avenue
Thomas Hayden
West 47Th Street
West
James Barron
Hayden
Roosevelt Hospital
Receivers Appointed for Chicago and Milwaukee Railroad
Judge Tuthill appointed receivers for the Chicago and Milwaukee Electric Railroad Company and allied firms on a stockholder suit led by Charles J. Monahan alleging fraud in management. A. C. Frost, as president, is named in the action alongside Carter H. Harrison Charles Dawes and Gordon Ramsay as receivers for the 75 mile line and related Illinois and Wisconsin corporations.
MENTIONED IN THIS ARTICLE
Chicago
Chicago & Milwaukee Electric Railroad Company
Allied Corporations
Tuthill
Cook County
Charles J. Monahan
Monahan
A. C. Frost
Carter H. Harrison
Charles*. Dawes
Gordon Rarsay
Chicago & Milwaukee Railroad Company
Chicago & Milwaukee Sectric Railway Company
Ilinois
Wisconsin
Ship Company Default on January Bond Interest
The Consolidated Steamship Company defaulted on the January interest due on its 60 million dollar four percent collateral trust bonds. Officials say earnings funded new ships and reorganization plans by a bondholders protective committee may proceed once views are gathered, with six months to redeem the missed interest.
MENTIONED IN THIS ARTICLE
Consolidated Steamship Company
Charles W Morse
Explosion at Rome Stock Exchange Injures Twenty
A gas or bomb explosion at the Temple of Neptune, now housing Rome's Stock Exchange, toppled the roof and wounded about twenty clerks and officials. Police and firemen contain crowds as ambulances rush victims to hospitals. no fatalities reported.
MENTIONED IN THIS ARTICLE
Rome
Neptune
Hadrian
Agrippa
Stock Exchange
St. Peter's
Death Rate Shows City's Health In 1907 Rise
The Health Department released 1907 figures showing 79,205 deaths with a rate of 18.43 per 1000, up from 76,203 and 18.35 in 1906, largely due to population growth. Increases occurred in typhoid, scarlet fever, whooping cough, influenza, and heart disease, while measles and diphtheria declined. Births reached 122,636 with a rate of 28.15, and marriages totaled 51,097.
MENTIONED IN THIS ARTICLE
Health Department
Thomas Darrington
Bright
Department of Health
London
Paris
City of
New York
Wall Street
Guilfoy
Grip
Harden Case Libel Trial Resumes In Berlin
Berlin December 31 the hearing in the Harden von Moltke libel suit reopened. Count von Moltke says he left the army to keep his honor unblemished and denies political intrigue. The State Attorney seeks four months imprisonment for Harden citing patriotic injury. Harden’s defense asserts truth in the articles and asks for release as he defended public services. The court adjourned to next Thursday for Harden’s defense.
MENTIONED IN THIS ARTICLE
Berlin
Harden-Von Moltke
Kuno von Moltke
Harden
Die Zukunft
Isenbiel
Count von Moltke
Herr Bernstein
von Elbe
Prince von Bismarck
Liebenberger
Professor Schweninger
von Moltke
Tolstoy Injured in Horse Accident Near St Petersburg
Reports from St Petersburg say Count Leo Tolstoy was thrown from a stumbling horse injuring his shoulder. Despite his advanced age, the author is making a rapid recovery.
MENTIONED IN THIS ARTICLE
St Petersburg
Leo Tolstoy
Army and Navy News December 31 Military Movements
Army orders issue transfers for Chaplain Leslie R Groves and Second Lieutenant Augustin Van Wormer. Vessels report arrivals at Puerto Cortes Magdalena Bay Guantanamo Bay and San Juan with multiple ships listed including Marietta Tennessee Washington Arethus Marcellus and Marietta movements between Livingston Puerto Cortez and Magdalena Bay.
MENTIONED IN THIS ARTICLE
Leslie R. Groves
14Th Infantry
General Hospital
Fort Bayard
Fort Apache
Augustin van Wormer
Th Infantry
Department of Califor
Crrimal
Sen Fran
Navy Department
Marietta
Livingston
Puerto Cortes
Tennessee
Washington
Magdalena Bay
Eagle
Guantanamo
Arethus
Para
Marcellus
San Juan
Puerto Cortez
Honduras
Guatemala
Pichilinque
Girl Vanishes After Note Hints At Self Destruction
Police search Elvira Prescia sister of Enrico V. Prescia, wealthy real estate dealer, after she left home yesterday morning and sent a note indicating intent to die. Parents say she appeared happy. she was educated in music and art and wore a blue suit. Suspicion grows she jumped into the river near Station N. Also Giuseppi Cappuzzo alias Charles Davis jailed for murder in the second degree and sentenced to twenty years to life.
MENTIONED IN THIS ARTICLE
Elvira Prescia
Enrico V. Prescia
Nassau Street
West 116Th Street
Station N
44Th Street
Madison Avenue
Prescia
Giuseppi Cappuzzo
Charles Davis
Sophie Kehrer
West 22d Street
Foster
Court of General Sessions
Cooke to Return East After Disappearance
The Rev Jere Kaede Cooke and his companion Floretta Whaley and their baby, who vanished from San Francisco, were found safely at a friend’s home. Cooke plans to go east at once when funds and arrangements allow, and he intends to marry Whaley once feasible. The grandmother of Whaley is expected to provide travel funds.
MENTIONED IN THIS ARTICLE
San Francisco
Jere Kaede Cooke
Floretta Whaley
Cooke
Miss Whaley
Cornell Glee at Waldorf Acknowledges New Year Gathering
More than a thousand Cornell students alumni and their companions filled the Waldorf Astoria concert hall for the Cornell University Glee Banjo and Mandolin clubs New Year celebration. The program opened with Cornell songs Alma Mater and Alumni Song sung by the Glee Club under R T Holloway, followed by a 1908 medley. A smoker at the Cornell Club preceded late dinner as many remained for the new year. This marks the clubs annual Christmas trip with a Wilmington Delaware concert tonight. Local committee members included Frederick Willis chair J C C Westervelt Guernsey Price and A Lazo jr.
MENTIONED IN THIS ARTICLE
Cornell
Cornell University
Waldorf-Astoria
R T. Holloway
Glee Club
Cornell Club
the Waldorf
Wilmington
Del
Frederick Willis
J. CC. Westervelt
Guernsey Price
A. Lazo, Jr
Rhoades remanded for sanity examination at Sanford Hall
On Justice Greenbaum's order John V. Rhoades, committed to Bellevue last Sunday by Magistrate Barlow in Jefferson Market court to be examined as to his sanity, was sent yesterday to Sanford Hall Asylum Flushing Long Island. Rhoades was arrested last Saturday in the Hotel Imperial barber shop for picking a quarrel with another customer.
Bond listing request for Brooklyn Rapid Transit bonds
At the NYSE stock list committee request BRtCo has applied to list additional bonds covered by its mortgages. Bonds include Brooklyn Queens County Suburban first mortgage $3.5 million, first consolidated mortgage bonds $23.6 million, BRtCo first mortgage bonds $375,080, and Brooklyn City Railroad first consolidated mortgage bonds $1,860,000. All are long sold, inactive securities not previously listed. applications align with the stock list committee's wish to list such bonds.
MENTIONED IN THIS ARTICLE
Committee On Stock
New York Stock Exchange
Brooklyn Rapid Transit Company
Brooklyn
Queens County & Suburban
Queens County & Suburban First
Brooklyn City Railroad
Ess
Committees On
Prices For Stamps And Postal Rates Cited
The notice lists price figures such as 68 72c and 80c and later 88c to 98. It also includes 17e 19 and 24c in the cited rates. The fragment suggests a breakdown of postage or service charges with multiple cents and currency markers.
Also Mentioned on This Page
Finance Law
Speaker Cannon
MFG. CO
West Side
the Stock Exchange of
Piazza di Pietra
Innocent
Vichy
Selestin
Tolstoy
Army and Navy News
West Point
Waldorf
Rhoades
Flushing Asylum
B. Akman & CO
Sth Street
295Th Street
5Th Avenue
Per Doz
Bbc
California
Silk Street
35Th Street
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