Cortelyou Report Outlines Treasury Actions In Panic
The Tribune reports from Washington that Secretary Cortelyou submitted a Senate hearing a comprehensive review of Treasury operations during the recent financial panic. The account notes his handling of October deposit policies, the issuance of Treasury certificates, and the use of national bank currency relief to stabilize markets, with early criticism largely dismissed as misinterpretation of emergency measures.
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Tribune Bureau
Washington
Secretary of the Treasury
Senate
Cortelyou
New York
Massachusetts
Connecticut
New Jersey
Treasury
Nurels
Merch
Rumy
Larse
Aise
New York City
Clearing House Committee For Aid
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Orce
Treasury Department
Department
Ury
Cincinnati
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St. Paul
Certelyou
Panama
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Iet
London
United States
Germany
Exange
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Eaee
Panama Canal
Right Tell If You Know a Good Thing
An Ohio man extols Grape-Nuts and Postum as cures for chronic ailments, claiming life transformation through diet. A lengthy Treasury report reviews 1907-08 financial crisis remedies, bond issues, bank deposits, and currency measures to stabilize the economy and restore public confidence amid panic.
MENTIONED IN THIS ARTICLE
Ohio
Senators Pick Flaws In Treasury Data Report
In Washington today the Senate debated Secretary Cortelyou's response to resolutions seeking detailed financial data from the Treasury during recent monetary strain. Culberson charged the secretary printed an argument before full facts, while Lodge Tillman and Aldrich jeered at the dispute, noting the report’s piecemeal delivery.
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Tribune Bureau
Washington
Senate
Secretary of the Treasury
Cortelyou
Culberson
Lodge
Carter
Aldrich
Tillman
South Carolina
Mr. Lodge
Mr. Tillman
Texas
Senate ends session after failed attempt at partisan capital
The Senate, after the Treasury Department move failed, held an executive session and soon adjourned.
MENTIONED IN THIS ARTICLE
Treasury Department
Senate
Aldrich financial bill set for Senate debate in February
Washington report outlines the Aldrich bill’s path to the Senate with debate likely starting around February 10. The measure will be pushed as unfinished business, with Sen Aldrich guiding the plan and hopes for a two week discussion. Proposals include substituting Treasury notes for banknotes and tightening security for bank issues through railroad and municipal bonds rules.
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Washington
Aldrich
Senate
Bryan
Capitol
Treasury
Interstate Commerce Commission
Commission
Committee On Finance
Treasury Department
May Favor Our Friends
Washington reports that the State Department clarified the France Dingley Act arrangement. No reciprocity treaty. concessions on champagne to protect Porto Rican coffee and American petroleum, with no extra cut on cottonseed oil. The pact allows France to reimpose duties if American products exceed existing rates, and it argues for maximum and minimum tariff use to pressure others to lower theirs.
MENTIONED IN THIS ARTICLE
Washington
State Department
France
Department
America
Railways Securities Under New Interstate Commission Rules
Washington on January 23 Senator Aldrich received a detailed letter from the Interstate Commerce Commission outlining data gathering and methods for railway securities under the act to regulate commerce. The document notes monthly railroad reports, intercorporate ownership checks, and planned rules for operating and capital accounts to stabilize securities and boost public confidence.
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Washington
Aldrich
Interstate Commerce Commission
Senate Committee On Finance
Henry C. Adams
Commission
Secretary of the Treasury
United States Treasury
Rivers Need Forests at Foresters Meeting
Secretary of Agriculture Wilson warned that rivers in the East and South may lose use through unpreserved watersheds and urged Congress to begin forest preservation. Gifford Pinchot stressed forest protection to prevent silt in channels, noting long term national benefits. The American Forestry Association, with 6,555 members, pursues national forests in the White Mountains and southern Appalachians, with hearings in Congress planned. Delegations from New England and the South attend as officers are reaffirmed.
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Wilson
American Forestry Association
Congress
Gifford Pinchot
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Pinchot
Mr. Pinchot
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Africa
Greece
Spain
Palestine
James Peck
Cleveland
Lakewood
N. J
John A. Walker
Game and Fish
Alabama
Commissioner Whipple
New York State Forestry Board
New York
White Mountains
Southern
Appalachian Range
House Committee On Forestry
New England
Floyd
New Hampshire
Lake
Connecticut
Edward Everett Hale
United States Senate
B. E. Furnow
Canadian School of Forestry
J. W. Pinchot
W. J. Bachelder
National Grange
George F. Peabody
George C. Pardee
California
Rutherford P. Hayes
Ohio
Albert Shaw
W. W. Finley
J. Rothrock
Pennsylvania
George T. Oliver
van Heiss
Otto Leukbert
Rocky Flint Named United States Marshal Hope
Senator Stephenson of Wisconsin urged for his fellow townsman Rockville Flint of Menomonee to become United States marshal for the rock named district. The President indicated Flint, nicknamed Rocky, may receive the appointment, seen as a good fit for the community.
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Tribune Bureau
Washington
Stephenson
Wisconsin
Allison
White House
United States Marshalship
Rockville Flint
Menomonee
Flint
Rocky Flint
Marshal
Sweeping railroad bill aims for uniform roadbed across states
Washington January 29 Representative Lamb of Virginia introduced a measure demanding all railroads in interstate commerce build uniform roadbeds within five years abolish grade crossings double track those with high traffic within five years adopt a uniform automatic blocks and signals system within one year require passenger cars to be steel and retire others within five years penalties include 1009 dollar fines for railroad violations and 2090 dollar fines or one year imprisonment for officials or both
MENTIONED IN THIS ARTICLE
Washington
Lamb
Virginia
GIVES UP STATEHOOD FIGHT IN NEW MEXICO
Washington news reports New Mexico effectively suspended its bid for statehood during the 60th Congress. Governor Curry and ex-Governor Prince asked Territories committees of both houses to visit New Mexico next summer to assess whether the territory deserves admission. The invitation follows Speaker Cannon's suggestion that pressing the issue during a presidential campaign would be unwise, signaling a winter truce.
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Washington
New Mexico
Curry
L. B. Prince
House Committee On Territories
Senate
Cannon
Increases in Patent Office Salaries Proposed
Washington reports the House Committee on Patents approved a plan to raise salaries by about one third for the Commissioner of Patents, assistants, examiners, and law clerks, adding roughly 400000 dollars annually to the Patent Office budget.
MENTIONED IN THIS ARTICLE
Washington
High Spirits Mark Opening of House Session in Washington
The House opened in high spirits after a peculiar prayer by the blind chaplain Mr Couden, appealing for patriots and magnanimous leaders. Discussions focused on the urgent deficiency bill and Cuba reimbursement questions, with amendments to army clothing and garrison funds debated and adjournment set for 5:02 PM.
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Washington
Couden
Clayton
Cuba
Tawney
Magoon
Congress
John Wesley Gaines
Hull
Iowa
House
Littlefield
Maine
Crumpacker
Indiana
Mr. Fitzgerald
Mr. Littlefield
Atlantic
Pacific
Sherley
Kentucky
America
Sherwood
Ohio
Houss
Deficit in Forestry Bureau Faces Pending Budget Ask
Washington January 29 The House Agriculture Committee received Pinchot figures on forestry bureau finances for the year showing receipts from grazing on public lands 864000 timber 64000 total 1463000 expenditures 1530000 excess 62000. Pinchot seeks a 200000 appropriation for next fiscal year.
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Washington
House Committee On Agriculture
Gifford Pinchot
Forestry Bureau
Pinchot
Two Constitutional Amendments Proposed in Senate Today
Senator Gore of Oklahoma introduced a joint resolution to amend the Constitution granting Congress power to levy an income tax, graduated or otherwise. Senator Hopkins introduced a joint resolution proposing an amendment prohibiting polygamy in the United States.
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Washington
Gore
Oklahoma
Day
Hopkins
United States
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