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This newspaper page contains 15 articles. Subscribers can read the full text of each article.
Newspaper
Potosi Journal
Location
Potosi, Missouri, United States of America
Date
Jun 11, 1913
Page
1
The speaker urges Republicans to unite under the GOP banner while Democrats worry about fallout. Mention is made of the Colonel’s temperance, a pending tariff bill expected to pass Congress, and Governor Major denying newspaper reading amid caustic party organ criticism.
A reporter notes a perceived silent panic on Wall Street, predicting potential loud disruption before the current Washington administration nears its one year in office. The comment frames an anxious market mood and expectations of turbulent actions ahead.
The writer questions whether Congress should be kept wholly incommunicado in view of charges of lo byism while it considers important legislation. The suggestion implies extreme secrecy to avoid temptations during pivotal policy debates.
In Jeffer son City reports say Standard Oil will stay in Missouri despite a large federal fine. The De Soto Press counters Democratic accusations of patronage, suggesting Governor Major aims to succeed Senator Stone in 1914 and build a popular political machine ahead of direct US Senate elections.
The article reports Representative Hensley returning from a canal inspection pessimistic about the Panama Canal's ability to repay costs or even cover operating expenses. He is a recognized canal authority whose doubts contradict a separate English engineer's belief that traffic would outgrow a sea level canal within 10 to 15 years.
The article questions President Wilson being labeled an insidious and dangerous lobbyist for his tariff bill. It notes his belief in the bill's good, his constitutional rights to advocate, and contrasts his actions with those who oppose the measure, reminding readers that many disagree with his tariff views.
A minority voice asserts it represents few voters on tariff bills and opposes lobbying by any interests. It urges Congress to act with a free hand, urging the President to refrain from exerting influence and to let lawmakers decide without undue pressure.
The Post Dispatch urges strict railroad finance oversight to curb wildcat securities and protect savers. It argues bonds should be as safe as government debt and supports government control of railroad financing if public ownership isn’t yet feasible.
An editorial on Frisco receivership as proof of the necessity for government oversight of railroad finances. It cites overcapitalization, loading of liabilities, and mismanagement across systems like Wabash and New Haven Hartford, noting harm to investors, the public, and rail expansion while Missouri Pacific recovers from asset stripping.
Official statement complains of railroad mismanagement and calls for federal oversight of bond and stock issues. It argues Congress should empower the Interstate Commerce Commission to approve new railroads and financing to protect investors and the public, warning that lack of regulation risks public ownership and ballooning misdeeds.
Special correspondence from Jefferson City reports President Wilson helps Missouri voters drift from the Democratic standard while state leaders Governor Major and Attorney General Barker are accused of worse blunders. The piece criticizes their expediency over principle and their political missteps harming party prospects.
A. C. Tinelle, cashier of the Pemiscot County Bank in Caruthersville, was found 700000 short in cash accounts causing the bank to close. Tinelle, longtime cashier and assistant cashier, owned a 12000 home and luxury cars but invested the missing funds in lumber and other Missouri Arkansas interests. The bank’s assets listed at 200000 will go to stockholders, depositors to be paid in full, and a new trust company will take over. The bank had served as Pemiscot County’s public funds depository as another bank became the depository.
On Saturday June 1 1915 the Shields estate will sell to the highest bidder the Washington county abstract sets and related titles, two safes, an office desk, table, hall seat, a blink cabinet, and two safes. The sale is subject to a $1000 mortgage. payment due in cash. Administrator James A. Shields of James A. Shields Sr. deceased.
The College of Agriculture at Columbia announces readiness to supply hog cholera serum to Missouri farmers at prorated cost. Expanded plant additions funded by a dust register appropriation will meet ordinary demand, with about 200 doses daily and increased output after facility upgrades. Also note advice on Cham berlain's Stomach and Liver Tablets improving digestion and appetite.
The Annual Meeting of the Stockholders of the Bank of ichwoods will be held at the office of said bank on Friday, June 20, 101s, after clock p.im., to elect five Directors for the ensuing year and to transact other business. Datca Herty, President, H. O. Horton, Cashier.
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