03 Jan 1914
Page 1
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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jan 03, 1914
Page
1
Morgan interests resign from numerous corporate boards amid growing public sentiment in New York and New Haven. Major concerns affected include New York Central, New Haven, and U.S. Steel, signaling a broader shift in governance influence due to prevalent public opinion.
The Morgan firm announces plans to resign from several corporate boards amid shifting public opinion on interlocking directorates. J P Morgan & Co will withdraw from most nonbanking connections while retaining key roles at Steel Corporation, International Mercantile Marine, and other entities. Charles Steele and others may continue on select boards. No bank resignations were stated, with currency bill amendments looming.
A list of corporations associated with Morgan interests is shown as quitting, including railroads such as New York Central & Hudson River, Lake Shore & Michigan Southern, Michigan Central, and others like New Haven, Central New England, Harlem River & Port Chester, and Western Union Telegraph. Financial firms Astor Trust, Guaranty Trust, Chemical National Bank, Bankers Trust, and others are named alongside Westinghouse Electric, Utah Copper, and Westinghouse entities. Names include Charles Steele, H P Davison, W H Porter, T W Lamont in association with the exits.
Norw authorities hold Ferdinand Pinney Earle and a woman named Mrs Evans on charges of abducting eight year old Harold Earle from La Motte France. A private detective pursuing Earle and Evans reportedly heads to France as investigators trace the November abduction. Harold’s mother, previously married to Earle, is identified by her maiden name Fischbacher.
Ardelph L. mune, who gave up the office of Mayor on Thursday, walked to the door of the Mayor's private suite yesterday afternoon. Acting Sergeant McKerrick asked if the boss was inside and Mitchel was present. Lieutenant William Kennel, guarding the outer portals, intercepted the intruder and then recognized the visitor with a cordial remark about sending in a card.
New York City Mayor John Purroy Mitchel's first working day ran smoothly with a light intake of callers. He weighed four unfilled posts, including Corporation Counsel and Police Commissioner, while McLay acted as Police Commissioner if needed.
Morgan Interests exit boards as Mitchell begins mayoral term. Police work keeps McKay busy. Davis names man at depot while wife sues editor. Jersey laws censored. Culkin hints at May ministerial plan. Lincoln relics go to market. Pilgrims voyage noted as Jones criticizes taxi police. Singer reorganization planned. women mop barge strike. Madge army disbanded.
In Pittsburgh two masked auto bandits attacked two businessmen, robbed them of cash and jewelry, then forced them into a taxi, driving about the city for two hours before dumping them onto a street. Victims identified are Charles E. Succop of Independent Brewing and James G. Weldon of Weldon and Nally. In Copperfield, Ore, Fern Hobbs acted with National Guard militia to close saloons amid martial law, outlining Governor West’s order and tensions over local saloon influence.
Mineola Long Island Jan 2 Olga Garetsky twenty a hotel keeper daughter was killed by an automobile as she returned home from New York where she had gone to buy her wedding trousseau The driver fled and a car man found her on the country road Her skull was fractured and her wedding date had been announced
Orville Wright announced an automatic stabilizer that makes it possible to fear to fly in twenty minutes. He demonstrated before the Aero Club of America committee, flying seventeen times with seven flights hands off, earning the Collier trophy for a major aeronautical advance.
In Erie Pennsylvania a steamer Dunham was robbed at the dock last night. Three men locked in the ship’s refrigerator were found there until almost noon today. Victims include Robert K. Edwards of Chicago and Brooklyn resident Carl Scarab. Alfred Berg of Cleveland joined the incident. all faced freezing conditions as the bandits seized money and sequestered the men.
Representative Robert G Bremner of New Jersey is receiving radium treatment for cancer at a local sanatorium. Today officials report his condition is improving and gratefully noted by family and medical staff.
President Wilson holds a late night conference with John Lind aboard the cruiser Chester off Ship Island near Gulfport to discuss Mexico. Officials in Washington weigh Lind's views and possible policy steps, while fighting continues at Ojinaga with Federals repelling Ortega’s advance as Red Cross tents rise at Presidio.
Reports from New Orleans claim President Wilson is in conference with Mexico’s Huerta, fueled by secrecy over a planned conference and delays of the scout cruiser Chester. Train reservations noted in government names sparked speculation about Mexican officials aboard, but no confirmation exists.
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