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Newspaper
Oshkosh Daily Northwestern
Location
Oshkosh, Wisconsin, United States of America
Date
May 12, 1908
Page
2
Advertises a May sale on fabrics and dress materials with heavy discounts. Flack Jap Silk, Wool Panama, Nun's Veiling, Chambray, Ginghams, Embroidered Flannel, White Waistings, Pequot Sheetings, Serages, Pure Linen, Persian Lawn, and net materials offered at reduced prices per yard or by item. Ends with Silk and Net offerings and prices.
Washington May by vote of 18 to 1 the Republican members of the house of representatives approved a currency bill drafted by a special committee appointed by the same conference. The rules committee would determine how the conference bill becomes effective in the house. A move to report on the Aldrich bill was defeated. The measure provides for emergency currency not to exceed $ 100000.00 to circulate through national clearing house associations. Several members voted against the bill while others quit the conference before the vote. The synopsis by Mr. Vreeland outlines using the Vreeland bill as a working basis for the new act.
The conference bill limits voluntary clearing house associations to banks with aggregate capital and surplus of at least 5 million dollars and allows additional currency issuance up to 75 percent of deposited securities during currency shortages. Changes require contiguous territory, single association per city, and banks to forfeit multi association membership. A national bank must hold 40 percent capital in secured circulation, with a gold or lawful money reserve against extra notes. The unit of additional circulation rises from 150 million to 500 million dollars for emergencies.
Green Bay Wisconsin reports that Minor Es, after informal talks with Republican leaders from Green Bay and beyond, announces his candidacy for the congressional nomination. He cites a twelve year record in Congress and pledges to support tariff revision and Roosevelt era measures while seeking party unity.
Brief ad style item notes curtains with Renaissance lace ledge and hand made look. Mentions wide curtain fit, regular price eight dollars per pair, special price appears as one dollar or marked form. Focuses on decorative window coverings and pricing.
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