Trusts Profits Are Excessive and Rail Rates Too High
Commissioner of Corporations Herbert Knox Smith tràges United States Steel for inflated profits from ore and railroad holdings. He urges divestiture of railway stock and notes that earlier ore price levels were set by large holding companies, not market conditions, harming consumers. He cites a 20 cent per ton rate cut from Mesaba mines to Upper Lake ports as evidence of prior unreasonable rates.
MENTIONED IN THIS ARTICLE
Washington
United states Steel corporation
Herbert Knioxsmith
James T. Harahan Began His Career as Humble Worker
James T. Harahan, former president of the Hindi Central railroad, started his railroad career as a waiter boy and rose through positions including witchman, fireman, section boss, and engine driver. He was appointed president of the Illinois Central by EB Harriman after Stuyvesant Pish was deposed. He died when his private car collided and smashed at Kinmundy.
MENTIONED IN THIS ARTICLE
Chingo
James T. Harahan
Hindi Central railroad
Kinmundy
the
Illinois Central
EB. H. Harriman
Stuyvesant Pish
Segregation of Railroads from Steel Firm Contested
Commissioner Smith argues public interest may require separating railroad properties from the steel corporation. He says such segregation could keep rail rates reasonable by removing profits diverted to steel, reducing incentives for unreasonable charges and ensuring fair transport for iron and steel makers.
MENTIONED IN THIS ARTICLE
Smith
steel corporation
treasury
Buch
Democratic tariff bill would cut iron and steel duties
Washington reports the Democratic Ways and Means Committee unveiled a steel revision bill proposing 20 to 50 percent tariff cuts on iron and steel products and placing iron ore and several machinery items on the free list. The measure aims to reduce average steel tariffs and boost government revenue projections while naming new regional officials.
MENTIONED IN THIS ARTICLE
Washington
ways and means committee
Ainope ube
Wayne Aldrich
igger
casa
Underwood
Imperia
Royal Party Visits Taft Area Duke Arrives in New York
The Duke of Connaught and Princess Patricia, guest of Whitelaw Reid, arrive in New York for a private three day stay. They plan calls on President Taft and Judge Bryce, with museum visits and informal dinners among New York social hosts.
MENTIONED IN THIS ARTICLE
New York
Duke of Connaught
Canada
England
Patricia
St. James
Whitelaw Reid
Tafton
plang wad
duke lad
White House
Aichtong ag
James’ Bryce
Ottawa
TAO p
Joseph H. Choate
Four Miners Hurt in Shenandoah Accidents
Four serious accidents occurred in Shenandoah Pa on January 23. Foreman George Beck aged 59 suffered fractured ribs and severe injuries after plunging from a collier cart. James De Long 42 fell 259 feet suffering fractured legs and internal injuries. John Marienz 23 was squeezed between mine cars with serious injuries. Joseph De Crish 16 badly injured at Packer No 4 scraper line with recovery doubtful.
MENTIONED IN THIS ARTICLE
Shenandoah
George Beck
Thomas
James De Long
Kehley Run
John Marienz
Joseph De Crish
Packer
The News reports on a local event in brief
A concise item from The News notes a community event with key figures and location mentioned. The report emphasizes the date, venue, and involved organizations in a compact card teaser style. Further details are limited in the accessible text.
Also Mentioned on This Page
ROSENSTOCK BROS
Oue-Price Outfitters
East Patrick Street
MOTTER BROS. & CO
BANKERS AND BROKERS, Central National Bank Building
Frederick, Md
North Market Street
Jas. Carros
Prop
G. L. Bread and Rolls
Carroll Street
G. L. BAKING COMPANY
GEORGELIST, Mer
Riggs and
Gandy
SEVERYBODY
Commissioner of Corporations
BITRE
UFA
Lehr Piano
astrumente
BIRELY'S
Sui
Frederick
Sanitary
Groces
Market St
Kinnell
THE EBERPHARDWARE Co
FELTON & KELLY
Florida
Malaga
S. MARINO
North Market St
AMES
HARAHAN
DR. FAHRNEY
VICTOR LIVER SYRUP
THE GREAT HEALTH PRODUCER
Victor
VICTOR REMEDIES CO
MARYLAND
Mont- Somers COUNty
Irving ota hate Gaversa
TAFT
King Georges
Gore
Oklahoma
El Paso
Tex
Phoenix
Ariz
interstate commercce commission
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