The Bankers Plan for Monetary Reform
A currency bill introduced in the Senate by Senator Hopkins and in the House by Representative James McKinney. Backed by the currency commission of the American Bankers Association and the Illinois Bankers Association, the bill aims to create a safe currency with a government-backed guarantee fund and elastic issues. It proposes notes secured by bonds, emergency notes with taxes, and automatic expansion or contraction to meet needs, claiming it could have mitigated the recent crisis.
MENTIONED IN THIS ARTICLE
Washington
Senate
Hopkins
House
James McKinney
Milnois
Currency Commission
American Bankers’ Association
Ilinois Bankers’ Association
McKinney
United States
Fowler Champions Credit Currency in Three Hour House Speech
Representative Charles N. Fowler of New Jersey defended the credit currency plan in a three hour floor speech, praising its aims and criticizing the current sub treasury system. He lauded J Pierpont Morgan as a banker statesman while opposing partisan doubts and noting political resistance to reform.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Charles N. Fowler
New Jersey
Fowler
J. Pierpont Morgan
Hitchcock
Nebraska
Burton
Ohio
Cannon
Grover Cleveland
United States
Mr. Morgan #8
Finance in Senate Pursues Greenback Unity and Aldrich Bill
In Washington Senator Bailey defends a one thousand million greenback platform while backing the Aldrich bill if blocked. Senator Stone and Democrats seek unity behind greenback hopes despite Bailey’s stance. The Aldrich bill nears completion, with Cortelyou’s treasury report delayed until Wednesday for presidential review. Speaker Cannon anticipates House passage after Senate approval, potentially with a Republican caucus to smooth floor voting.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Bailey
Texas
Committee On Finance
Stone
Cortelyou
Treasury Department
Senate
Root
Aldrich
Cannon
House
Committee On Ways and Means
Committee On Banking and Currency
Senate debates keeping slave trade penalties in Penal Code
In Washington on January 27 the Senate debated whether to retain penalties against the slave trade in the Penal Code. The discussion touched on alleged slavery in the Philippines with speakers arguing for and against keeping provisions targeting various forms of slavery.
MENTIONED IN THIS ARTICLE
Washington
Senate
Philippines
Hale
Heyburn
Philippine
Idaho
Stone
John C. Bates
Sulu
Mr. Tillman
Tillman
Philippine Islands
Taft
United States
Secretary of War
Sutherland
Pacific
Lodge
Bolo
Moro
General Bates
McKinley
Philippine Commission
Wetmore takes oath as Rhode Island senator
George P. Wetmore was sworn in as United States Senator from Rhode Island for the term ending March 4 1918. He was named chair of the Library Committee and joined the Public Buildings and Grounds University of the United States and Woman's Suffrage committees. Senate total reaches ninety two for the first time in U.S. history.
MENTIONED IN THIS ARTICLE
Washington
George P. Wetmore
United States
Rhode Island
University of the United States
Woman's Buffrage
Railroad Leaders Seek Delay in Interstate Law Changes
Washington January 27 President met with nine major railroad systems urging suspension of key Interstate Commerce provisions until the Supreme Court rules on commodity clause and telegraphers hours. A second White House talk was planned as the ICC eyed possible extensions and exemptions.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Supreme Court
White House
Interstate Commerce Commission
Knapp
Cockrell
Prouty
C. R. Gray
St. Louis
San Francisco
I. G. Rawn
Illinois Central
H. A. Mudge
Rock Island
D. Willard
Burlington
W. A. Garrett
Seaboard Air Line
C. E. Schaff
New York Central
W. A. Gardner
Chicago & Northwestern
C. H. Ackert
The
Southern
E. G. Buckland
Interstate Commerce Commissioners
Attorney General
United States
Congress
Supreme Court to Review Railroad Rebate Cases
The Supreme Court granted petitions of the Chicago Burlington and Quincy and the Chicago and Alton Railway for writs of certiorari in rebate cases. The action brings the matters to this court for review.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court of the United States
Chicago, Burlington & Quincy
Chicago & Alten
Taft Seeks Filipino Floor Privileges at Capitol
Secretary Taft visited the Capitol on January 27 to secure floor privileges for Filipino delegates in both chambers. He met with Senators Knox and Lodge to advance the request and spoke on the Seattle Alaska-Yukon Exposition, noting its potential Pacific impact and the Orientals status issue.
MENTIONED IN THIS ARTICLE
Tribune Bureau
Washington
Taft
Capitol
Bryan
House
Philippines
Senate
Japan
United States
Seattle
Pacific
Milk pasteurization backed by government study
Washington report confirms a year long government review on Milk in Its Relation to the Public Health under Surgeon General Wyman at Roosevelt's direction. The findings vindicate Nathan Straus of New York who has argued pasteurization protects infants from tuberculosis and other diseases carried by raw milk.
MENTIONED IN THIS ARTICLE
Washington, Jan
Wyman
Public Health Service
Roosevelt
Nathan Straus
New York
Reciprocity pact signatures postponed to tomorrow
Washington on January 27 reports a delay in finalizing the Franco American reciprocity agreement due to translation issues. Secretary Root and Ambassador Jusserand will sign the document tomorrow after revised English and French versions are arranged.
MENTIONED IN THIS ARTICLE
Washington
Root
Jusserand
Blue Laws Challenge Reaches Governor Hughes
Delegates of the German American Alliance ask Governor Hughes to back a legislative probe into Sunday observance and blue laws. Sutro urges a three Senate and five Assembly committee with seven citizen members. The governor pledges careful consideration and an open mind, urging calm, informed debate.
MENTIONED IN THIS ARTICLE
Tribune
Albany
Theodore Sutro
New York City
Hughes
M. Sutro
Albany Debates Investigations and Bills Across Session
Resolutions for investigating the State Banking Department and banking laws are offered by Assemblyman Palmer, echoing 1906 calls. Sheridan seeks NYC water supply reform and a committee by April 1908. Stern urges PSC scrutiny of public service franchises. Other measures address East Side dance halls and Sunday concerts reform. Senator McCarren backs music bills expanding Sunday entertainments. Metall proposes City property acquisition boundaries for East River development.
MENTIONED IN THIS ARTICLE
Tribune
Albany
State Banking Department
Assemblyman Palmer
Assemblyman Wainwright
Assembly
Hughes
Sheridan
New York
New York City
Board of Water Supply
Assemblymen
Stern
Public Service Commission
Commission
Assemblyman
Graubhard
Christy Sullivan
Senator McCarren
Brooklyn
Oscar Hammerstein
Heinrich Conried
Walter Damrosch
McCarren
Lawmaker Proposes City High School Plan in East Side
Discussion centers on transferring the 1905 municipal lighting plant to the Education Department for a new high school. Senator McCall cites East Side districts with 41 grammar schools and 60,000 pupils but no high school, while Senator Raines blocks final passage.
MENTIONED IN THIS ARTICLE
Education Department
McCall
East Side
Senate
Raines
Gilchrist
Republican Party
Saxe
New York
Assemblyman
Sergent
New York City
Brooklyn
Williams, Rockaway and
New Lots Avenues
Fulton Street
Board of Estimate
Anti gambling message echoed at Federation of Churches meeting
A mass meeting in the United Charities Building endorsed Governor Hughes and legislators Agnew Hart against race betting. Canon Chase lauded Hughes as a moral leader while speakers accused the Jockey Club of press influence and bribery, urging action to curb racetrack gambling.
MENTIONED IN THIS ARTICLE
Hughes
Agnew
Hart
Federation of Churches
Assembly
United Charities
William Sheafe Chase
Michael J. Flaherty
Kings County
Henry F. Cochrane
Wilbur F. Crafts
Jockey Club
Belmont
California
Louisiana
Walter Laidlaw
The
Ministers for the Governor Endorse Hughes Campaign
Clergy from the Metropolitan District unite to back Governor Hughes and his anti racetrack policy. Presbyterian and Baptist gatherings draft and approve supportive resolutions praising Hughes and denouncing the Percy Gray racing law. Dr Wilbur F Crafts linked gambling to social harm and lauded Roosevelt's influence in reform efforts.
MENTIONED IN THIS ARTICLE
Hughes
Fifth Avenue
Robert McCready
J. BP. Long
J. A. Billingsley
Sanders’ Hall
Madison Avenue
34Th Street
Wilbur F. Crafts
International Reform Bureau
Washington
New York
Grace Church
Roosevelt
Charles E. Hughes
Albany Pushes Finish of Barge Canal Work
A Buffalo Niagara Falls and Tonawanda delegation met Governor Hughes to press for completion of the barge canal as planned. The group disputed an inference that work might stop and urged federal support for a deep water canal while the State Engineer prepares complete plans within a year. The meeting followed protests to the State Public Works Department. In a separate item, Rosie Kline died from injuries from the Rhodes Opera House fire in Boyertown, marking the 169th casualty. the coroner’s inquest opens tomorrow.
MENTIONED IN THIS ARTICLE
Albany
Buffalo
Niagara Falls
Tonawanda
Hughes
Millard F. Bowen
Manufacturers’ Club
H. E. Rogers
The
Produce Exchange
O. £. Yeager
Lumber Exchange
H- T. Burns
Corn Exchange
A. J. Elias
R. V. Hill
C. F. Watkins
Live Stock Association
J. H. Traverse
W. G. Palmer
North Tonawanda Board of Trade
Stevens
State Department of Public Works
Boyertown
Penn
Rhodes Opera House
Rosie Kline
Assemblyman Lee Introduces Massachusetts Style Ballot Reform
Assemblyman Warren E. Lee of Brooklyn proposes a Massachusetts style ballot with party emblems before names and alphabetical candidate lists. The bill adds clear reading forms for constitutional questions and a simple tally method, while preserving easy voting across straight and split tickets.
MENTIONED IN THIS ARTICLE
Tribune
Albany
Warren E. Lee
Brooklyn
Gill
Massachusetts
Hughes
Lee
Assemblyman
Prentice
Senate
Raines
Wadsworth
Construes New Insurance Code Limiting Agency Costs
Albany reports Attorney General Jackson construes the new insurance code to base the limit on the value of each policy rather than aggregate annual gains. He notes non participating companies may need higher rates or exit the state, a point for legislative remedy rather than departmental construction.
MENTIONED IN THIS ARTICLE
Albany
Insurance Department
Jackson
Also Mentioned on This Page
Bankers
Bank and Trust Company
Finance
Aldrich Bill
MR. Wetmore
President and
Banking Department
Metall
6Th and
91St Streets
First Avenue
East River
City of
Indorses Hughes
Plaherty
Flaherty
Missouri
Kansas
Colorado
Arkansas
Okladourd
Mexico
Mountain
Life Companies
Sherman
Committee On Indian Affairs
Commissioner of Indian Affairs
Laughlin
Chicago
J. Laurence Laughlim
Department of Economics
University of Chicago
American Bankers’ Association Commission
Santo Domingo
Indianapolis Currency Commission
Bill
Homer
D. Call
Meat Cutters and Butcher Workmen of America
T. D. Fitzgerald
Workngmen’s State Federation
Graubard Assembly Dill
Mosher
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