18 Jan 1911
Page 1
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This newspaper page contains 19 articles. Subscribers can read the full text of each article.
Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jan 18, 1911
Page
1
Alorch outlines a plan introducing national savings banks and credit institutions to regulate discount rates and support a currency framework. The proposal emphasizes a credit basis for currency stability and government oversight of financial intermediaries.
The outline describes creating a Reserve Association of America with capital around 30 million, funded up to half paid, authorized to issue notes, act as a government agent, and hold deposits. National banks may join up to 20 percent of capital, with a 50 year term and directorate including Treasury and Commerce officials. The plan envisions foreign branches, uniform discount rates, federal supervision, and use of Treasury working balances to back operations.
London January 15 Holland has decided to withdraw plans to fortify Flushing into a Gibraltar like fortress. The move aims to modify a defense scheme that would block the Scheldt and cut Antwerp off from British aid, a step likely to provoke disapproval in Germany and complicate Kaiser Wilhelm II’s northern defense ambitions.
Eleven year old Kwara Charron of 06 Vandyke St Brooklyn was rushed to Kings County Hospital yesterday with hydrophobia after a November 22 bite near Visitation Schoolhouse Van Brunt and Visitation. He was treated twenty one days at Health Department building East 14th St Manhattan before returning home. His condition worsened and a physician confirmed hydrophobia. A second lad Charles Fitzpatrick of 844 Conover St was reportedly bitten by the same dog but showed no current danger.
The Alleghany College girls in Meadville Penn stage a protest against eleven senior Vandykes. Invitations to class functions are cancelled as coeds threaten not to graduate on the platform with bearded men until the beards are removed.
In a busy Senate hour Senators Smoot and Bourne were seen near a desk cluttered with new banknotes. They laughed when asked, Bourne denied money influence while Smoot claimed it was a demonstration. Smoot later gathered the bills and pocketed them, hints of a gentleman’s affair and Smoot’s advantage lingered.
Willis J McCook eldest son of a wealthy Pittsburg lawyer and director of major firms elopes with Margaret Norris daughter of Ephraim Norris of Brushton. They wed in Cumberland Maryland on Thursday and return to McKeesport where McCook works as a graftsman. Parents refuse entry. religious differences cited as obstacle.
In Albany on January 17 the Semilature failed to unify on a Senate candidate. Exechan led the anti Tammany bloc with a solid vote, while Sheehan’s side lagged by several votes. insurgents threaten to veto future bills and block bipartisan schemes. A further meeting was planned to decide on a unified action, with no fixed candidate yet.
In New Haven on January 17 Governor Baldwin stated he does not intend to sue former President Roosevelt. He declined to discuss specifics, noting he had written a letter to Roosevelt and that there had been considerable correspondence on the matter.
United States Steel Corp halves president James A. Farrell’s salary to 50000 a year while Charles M. Schwab and William E. Corey each receive 100000. The finance committee announced the cut and Farrell will remain in duties until the board acts in January.
Reverend Dr. G H Sims and Union Baptist Church parishioners raided a billiard room on 62nd Street after Christmas revivals. They reclaimed 25 Black converts by singing hymns, prayer, and preaching, transforming the room into a revival meeting with many on their knees.
Mayor Gaynor and City Chamberlain Charles H. Hyde exchanged letters after Hyde proposed resigning amid newspaper attacks. Hyde sought a full statement on city deposits at Northern Bank of New York, while Gaynor responded before leaving his office, noting concerns over Robin and the bank scandal.
A Kansas judge bases a $500 fine on the size of the defendant's wife in a controversial case. The report recounts Mr. Hyde's letters to Mayor Gaynor and his attempts to resign for health, the mayor granting leave, and a later claim of absence to avoid a legislative committee. A sweet-faced woman testified, and the judge commented on the fine, with others in court noting the episode.
Buenos Aires reports official word that President Manuel Gondra and Vice President Juan Bautista Gaona resign under pressure from Colonel Jara the War Minister. Jara takes the presidency and forms a new cabinet led by Manuel Dominguez as Foreign Minister. Gondra who was elected last September previously served as Brazil envoy and foreign minister, while Gaona had been Paraguay’s president during the prior term.
A carta person described as known by some testified under oath that unnamed sources claimed gentlemen including T dined at Delmonico's and raised $29 to oppose racetrack legislation in Albany. The report notes the testimony was hearsay and questioned its reliability.
Dr William J Furness of 152 West 181st Street dies in Harlem garage when his car rolls through an elevator shaft. Lift operator and coroner investigate. He trained at Michigan and practiced in New York, survived by wife Harriet Vreeland and family.
Dr A. T. Ford, a notable Worth County figure, faced charges of threatening two policemen and carrying a pistol. He accepted exile instead of prison and was released from custody after taking the sentence. The incident began with his boarding the first train to leave town amid the January dispatches.
Eight sailors died and one was mortally wounded when back headers exploded in boiler room O aboard the Delaware bound for Hampton Roads. Capt. Gove ordered a board of officers to investigate as missing details and identifications are confirmed. victims include Harp, White, Watts, Brewer and Jensen with others named. The vessel, delayed by fog, reported being hung up in the harbor fog and expected to reach Hampton Roads soon.
Puzzling to engineers at Washington reports a deadly accident on the battleship Delaware. Eight fires room men died as speculation runs from bursting steam pipe to a possible water ram like the Concord disaster. An official inquiry is likely to determine cause and responsibility amid preventive measures for warship safety.
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