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Newspaper
New York Tribune
Location
New York, New York, United States of America
Date
Jan 30, 1908
Page
22
Royal procession to Westminster marked by tight security as King Edward and Queen Alexandra opened Parliament. Debates touched Congo Independent State and international law reforms while government plans included licensing and education bills. Suffragists interrupted the pageantry briefly before being restrained.
London January 29 A man impersonating a peer occupied a front bench in the House of Lords but was challenged by officials and escorted out. He called himself Lord De Morley, a claimant whose title had long been rejected. The so called peer, James Thorne Parker Roe de Morley born 1844 in Middlesex, has a noted history of noble claims and royal service bids.
Lord Curzon of Kedleston was admitted a peer to sit and vote on the part of Ireland in the House of Lords. He took the oath and his seat in the chamber, marking his formal entry into the legislature.
Berlin on January 29 reports Lieutenants of the army reserve selected to form an automobile corps and register all motor cars in Prussian territory. Car owners will receive subsidies in return for keeping vehicles in order for military mobilization use. The War Office has appropriated $20,000 yearly for grants to this program to counteract potential railroad destruction in wartime.
An association of Baltic landowners won a case demanding compensation for damage to estates during the 1905 06 revolutionary period. The ruling, favorable to landowners, sets a precedent for similar claims across Russia and is expected to boost land values as hundreds of manor houses and estates suffered destruction.
Admiral Bostrom, Assistant Minister of Marine, urged the Douma sub committee to approve a 1908 regular budget allocation of 16 million dollars for new construction. Despite opposition, his pledge of central Admiralty reforms swayed the panel and the appropriation was accepted. The navy wins the first skirmish, but broader naval programme estimates remain to come.
Peking Jan 29 Japan promised telegraph convention proposals for China by January 10 but have not been received due to a Cabinet crisis in Tokyo. China is studying Japan postal proposals which seek special privileges raising fears of similar demands from other powers. Japan monopoly on Siberian mail has raised sea postal rates, complicating Manchurian mail service.
Ottawa on January 22 saw the House divide over R. L. Bordens resolution censuring the government for its Japanese immigration policy. The amendment was defeated by a narrow majority as the session opened.
London reports the British government is fully informed on the German proposals to maintain the territorial status quo in the North Sea and has given its full assent.
Prince Gustav Ernest of Erbach Schonberg died in Berlin today. Born in 184. The report notes his German princely title and the sudden end of his life, with no further details on cause or successors provided in the brief item.
Lisbon reports an afternoon outbreak in which shots were fired and many wounded before crowd control restored. Police killed two officers. several dissident leaders arrested. Premier Franco faces united Republican and Monarchist opposition as authorities expand powers. Some leaders may be banished to Timor.
The court martial for Lieutenant General Stoessel adjourned to February 4 after testimony and closing arguments. Stoessel defended the fortress until its fall while Kondratchenko urged peace negotiations before the fortress collapsed, arguing signals were delayed and the truth should reach the Emperor.
Berlin January 2 government naval programme aims at over 100 million dollars yearly for ten years. Passed to second reading with opposition from Socialists and Poles. Bebel warned of menace to masses as armaments rise while Tirpitz argued Germany builds against no one and seeks no clash with Britain.
Count Cassini formerly Russian Ambassador to Washington and now representative at Madrid says he has recovered from illness and will depart for the royal court of King Alfonso on February 1. He notes changing Spanish sentiment toward the United States and praises Minister Collier. He follows Far East affairs with interest and believes China must emancipate from foreign tutelage. He says Russia seeks a peaceful resolution in the China Japan railway dispute.
Berlin January 29 Emperor William reviewed the 1st Regiment of the Guards at Potsdam. After the march he drilled the unit for an hour and questioned recruits on German history. He tested knowledge of the Schildhorn monument, Wenden princes, and Hohenzollern succession. Officers mingled with lines as recruits named corps and brigades.
St Petersburg Jan 29 bookkeeper and cashier of the discount department of the State Bank were taken into custody charged with detalcation. The irregularities span several years and embezzlements already established are about 180000 dollars though bank books have not been fully examined.
Lincoln Neb Jan 2 Orders were received today to temporarily close the Chicago Burlington and Quincy Railroad shops at Havelock starting Thursday The moves also close repair shops at Lincoln and extend to Alliance Plattsmouth McCook and Sheridan Wye affecting about 600 workers at Havelock with smaller numbers elsewhere The plan is to shut down intermittently rather than discharge workers and it is expected men will work at least half time.
The New Amsterdam National Bank faced closure as the Clearing House decided to provide no further aid. Directors and officers, including F W Kinsman Jr and J G Hemerich, faced removal from the bank with liquidity concerns and heavy withdrawals cited. State authorities prepared to act as banks reopened, with Albany sending Superintendent Clark Williams to New York.
The National Bank of North America receiver began retiring outstanding Clearing House loan certificates totaling $2.20. The move aims to liquidate the bank, with a portion already handled since takeover Monday. The process focuses on reclaiming securities and settling the bank’s obligations.
The bank's receiver must use first moneys to retire certificates tied to deposits. Clearing House certificates covered 75 percent of securities, requiring $93,000 in securities to back $2.2 million in certificates. At take charge assets were $8.74 million with $5.61 million in loans and discounts, much of which backed certificates. About $700,000 of certificates were retired recently, reducing outstandings to $5.59 million, largely for the National Bank of North America.
The New Amsterdam National Bank shutters after hours on Broadway causing shock across the Metropolitan Opera and theater community. Enrico Caruso loses access to an account near zero, while actors, managers, café owners, and bookmakers scramble to verify deposits and secure funds before more losses unfold.
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