Favors Aldrich bill Senate committee pool
The Senate Committee on Finance held its first full meeting since the Aldrich bill was referred. Hansbrough urged a board of financial experts to advise the Treasury and other officials, opposing personal gain by appointees. The panel likely will report the bill with Republican and Democrat support. Hansbrough remains committed to a central bank idea but concedes it may not pass this session.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Senate Committee On Finance
Aldrich
North Dakota
Hansbrough
Senate
Secretary of the Treasury
United States
Treat
Treasury Department
Cig
Congress
Central Bank
White House to Host Railroads on January 27
Washington January 14 a high level White House conference will bring the President and managing vice presidents of major railroads to discuss anti pooling provisions under the Hepburn and Sherman laws. Senators and railroad officials push for distinctions between good and bad pools and seek time extensions to sell coal mines under interstate rules. Roads like New York Central Pennsylvania Southern Chicago & Northwestern Illinois Central Burlington St Louis & San Francisco and New York New Haven & Hartford will be represented.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
White House
Warner
Missouri
C. R. Gray
St. Louis & San Francisco
Gray
Interstate Commerce Commission
New York Central
Pennsylvania
Southern
Chicago & Northwestern
Illinois Central
Burlington
St. Louis
San Francisco
New York
New Haven & Hartford
Beale Introduces Bill to Restore In God We Trust Motto
Representative Beale of Pennsylvania introduced a bill to restore the motto In God We Trust to all coins from which it has been omitted and to require its use on all coins minted in the future.
MENTIONED IN THIS ARTICLE
Washington
Beale
Pennsylvania
Panama Bond Issue Up in Senate Clash Over Bids
In Washington on Jan 4 Senator Culberson pressed a resolution demanding details on Panama bond sales claiming favoritism and law violations. He cited bids below par and bank allocations, while Aldrich urged waiting for the Treasury report. Also proposed were measures on insolvent banks and a new tax on national banking deposits to help depositors.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Culberson
Secretary of the Treasury
Senate
Panama
Aldrich
Cortelyou
Congress
United States
J. H. Edwards
Tillman
Scott
National Banking Act
Internal Revenue
Goethals on Canal Cost and Labor Mix
Washington observers heard Colonel George W. Goethals say the Panama Canal progress is ahead of expectations with Culebra cut likely finished in four to five years. He noted 30,000 to 40,000 workers, mostly Spaniards Italians and West Indian negroes, with few Americans on payrolls. The cost limit he set was 250 million dollars not including Panama purchase payments. The Toledo saloon issue drew discussion as Blackburn said saloons were reduced to 34 in the canal zone and Goethals warned against creating more disorder by curbing drinking along the line.
MENTIONED IN THIS ARTICLE
Washington
Panama Canal
House Committee On Interstate and Foreign Commerce
George W. Goethals
Isthmian Canal Commission
Culebra
Waneger
Goethals
Panama
Spain
Blackburn
Canal Zone
Richardson
Alabama
Mr. Blackburn
Colon
Rand
Governor Hoke Smith for Taft at Atlanta dinner
At the Atlanta Freight Bureau dinner Governor Smith urged Taft as Republican nominee and called for national legislation to have railroad commission findings accepted by federal courts. He denied linking Georgia’s rail agitation to the panic and rebutted claims of reckless bonding and fictitious dividends.
MENTIONED IN THIS ARTICLE
Tribune
Atlanta
Atlanta Freight Bureau
Smith
Taft
Georgia
Insurance and Trust Company
Mine Expo Planned at Madison Square Garden
Washington hearing backs a mining exposition slated for May 20 to June 2 at Madison Square Garden New York. The committee referred the proposal to the Interior Secretary for consideration and report.
MENTIONED IN THIS ARTICLE
Washington
House Committee On Industrial Arts and Expositions
Madison Square Garden
New York
Secretary of the Interior
Loving Cup for Judge O'Brien in Albany farewell
Judge Denis O'Brien of Water Town received a loving cup today from former Court of Appeals associates in Albany. Chief Justice Cullen delivered the presentation speech as O'Brien retires at age seventy after serving on the bench.
MENTIONED IN THIS ARTICLE
Albany
Denis O’brien
Watertown
Court of Appeals
Cullen
O'Brien
Payne Defends Penal Code Amid House Battle
Washington dispatch reports Democratic charges that the penal code bill curbs legislation are rebutted by Rep Payne New York who accuses Democrats of stalling to fuel campaign material The section on campaign contributions was approved while others faced sharp debate including Section 45 on arming workers and Section 8 on corporate contributions with amendments offered and defeated The House adjourned after a heated session highlighting party fault lines and lobbying concerns
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Tribune Bureau
Washington
House
Payne
New York
Congress
Cochran
Goldfogle
Fitzgerald
Williams
Mississippi
DeArmond
Missouri
James
Kentucky
Moon
Pennsylvania
Wilson
Crumpacker
Indiana
Mr. Williams
Webb
Hull
Iowa
Hardy
Texas
United States
Cockran
Messrs. Goldfogle
Tillman
Sai
Buncombe
Sims
Tennessee
Schauwe Back on Ellis Island After Deportation Hold
Harry Schauwe, a young Russian who robbed a Moscow bank of 5500 dollars and fled to New York after riding the Pretoria, was returned to Ellis Island. He escaped detention, traveled to Montreal, shaved, changed his name, then applied at the Russian Consulate. The Russian Consul alerted police and Schauwe admitted his identity. he faces deportation, likely on Saturday. He carried 3000 dollars.
MENTIONED IN THIS ARTICLE
Harry Schauwe
Moscow
New York
Pretoria
Ellis Island
Schauwe
Washington
Montreal
Capers to remain internal revenue head after Wight decision
Washington January 14 John G Capers will continue permanently as commissioner of internal revenue despite Pearl Wight of New Orleans saying business interests would block his acceptance Capers nomination was confirmed by the Senate last week and he serves until Wights decision is reached
MENTIONED IN THIS ARTICLE
Washington
Pearl Wight
New Orleans
Internal Revenue
John W. Yerkes
John G. Capers
Home Insurance Company Reports Large Semiannual Surplus
The 109th semiannual statement shows a policyholder surplus of 10,203,211 27 with cash capital of 3,000,000 and a conflagration reserve of 300,000. Total surplus over contingencies and capital stands at 6,703,211 27. assets include 6,346,700 in railroad stocks and 4,166,490 in railroad bonds.
MENTIONED IN THIS ARTICLE
Home Insurance Company
Third Receiver for Seaboard named in Richmond
Edward Carlton Duncan of Raleigh North Carolina was appointed third receiver of the Seaboard Air Line Railway by Judges Pritchard Boyd and Purnell this afternoon. Duncan is a director of the Atlantic and North Carolina Railroad and has served three terms as Raleigh revenue collector, appointed by President McKinley.
MENTIONED IN THIS ARTICLE
Seaboard
Richmond
Edward Carlton Duncan
Raleigh
N. C
Seaboard Air Line Railway Company
Pritchard, Boyd and Purnell
Duncan
Atlantic & North Carolina Railroad
McKinlay
Army and Navy News From The Tribune January 1
Senate blocks most army nominations wotherspoon may gain brief confirmation. Navy personnel bill discussed by Senate Naval Affairs as orders issued retirements and transfers move warships and officers to ships including South Dakota. Arrivals include Osceola and Connecticut with a slate of vessels sailing to Rio.
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Tribune Bureau
Washington
Senate
Army
William W. Wotherspoon
Wotherspoon
Senate Committee On Naval Affairs
Hale
Committee On Finance
Naval Affairs Committee
Aldrich Financial
NAVY
F. L. Sawyer
Navy Yard
New_York
South Dakota
C. B. Barnes
Pensacola
E. S. Jackson
E. C._S._PARKER
J. Downes
F. W. McNair
A. Kirbee
C. C. Moses
Navy Department
Militia men elect National Guard leaders in 1910s vote
Boston hosts the National Guard Association tenth annual meeting in Faneuil Hall. Delegates push for federal control of state militias, pay increases, physician preference in medical corps, and military schools. Charles Dick illness noted. next convention set for Los Angeles.
MENTIONED IN THIS ARTICLE
Boston
National Guard Association of the
United States
Faneuil Hall
James A. Crain
United States Congress
National Guard
Charles Dick
Ohio
Association
Drain
Washington
National Volunteer Militia
Congress
Thomas J. Stewart
Pennsylvania
Nelson H. Henry
New York
F. B. Wood
Minnesota
J. C. R. Foster
Florida
J. B. Lauch
California
Lawrenson Riggs
Maryland
G. M. Cole
Connecticut
Roger D. Williams
Kentucky
W. H. Thrifty
Iowa
Joseph T. Armfield
North Carolina
Otis Hamilton
Washington, D. C
J. W. Hughes
Kansas
Charles J. Anderson
John D. Frost
Columbus
D. C
Los Angeles
Plan to Expedite Pension Bills in Senate
The Senate Committee on Pensions adopted a plan to speed private pension bills by grouping weekly favorable actions into an omnibus bill. Previously, 100 to 150 bills were reported individually. now all favored claims from a week would be disposed of by a single act.
MENTIONED IN THIS ARTICLE
Washington
Senate Committee On Pensions
Senate
James Stillman sails Lusitania for European vacation
James Stillman, president of the National City Bank, sailed on the Lusitania last Saturday for his annual vacation in Europe. He will probably be away at least two months.
MENTIONED IN THIS ARTICLE
James Stillman
National City Bank
Lusitania
Europe
Governor Guild Calls Tariff Revision at Dinner Talk
Massachusetts Governor Curtis Guild urged a tariff revision after the next national election as needed for common sense not special interests. He called himself a protectionist but argued duties should be logical and limited, supporting free coal and beef while reducing wool duties. He warned tariff lines lack leverage in a tariff war and pressed abolition of hides duty, noting hardships from the recent panic in shoe trade.
MENTIONED IN THIS ARTICLE
Curtis Guild
Massachusetts
National Association of Boot and Shoe Manufacturers
Hotel Astor
Congress
United States
Guild
New England
Marcus M. Marks
National Association of Clothiers
William H. McElroy
Nehemiah Boynton
John H. Hanan
Department of Commerce and Labor
Hanan
Knickerbocker Trust Plan Backed by Five Bank Presidents
Five leading bank presidents including James T. Woodward of Hanover National Bank and Stephen Baker of the Manhattan Company formally endorse the Knickerbocker Trust reorganization plan. They urge prompt assent to resume business for over seventeen thousand depositors and to restore community confidence rather than liquidate.
MENTIONED IN THIS ARTICLE
Knickerbocker Trust Company
Posse
James T. Woodward
Hanover National Bank
Robert M. Galloway
Merchants’ National Bank
Stephen Baker
The
Manhattan Company
Valentine P. Snyder
Two Views of Reardon Show City Dept Rift
Police Commissioner Bingham and District Attorney Jerome clash over Reardon the former county detective. Jerome says both offices remain coordinated and deny a split, while Bingham claims independent inquiry and safety of the public from alleged crooked conduct. Reardon is linked to transfers and badge questions as authorities probe complaints against his circle.
MENTIONED IN THIS ARTICLE
Bingham
Jerome
Edward Reardon
Reardon
Criminal Courts
Tenderloin
East Side
Brigham
Wasserman
District Attorney's Office
East Sith Street
Alexander Avenue
Lang and Johnson
East Iil Street
Rockaway
Ae O’brien
Staten Island
Hand
Cortical
Mercer Street Station
Smyth
Hon
Tombs
County
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Henry B. Stokes
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GOV. Guild ON
Knickerbocker
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Indorse
General Bingham
Mr. Jerome
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Corn Products Mfg. CO