Subterranean Panama Canal Lake Report Sparks Delay
A colonial era dispatch from Colon Panama claims a subterranean lake under Gatun locks would lengthen the canal project by years and raise costs. The Isthmian Canal Commission in Washington called the report baseless, while Colonel Goethals dismissed it as absolutely rot.
MENTIONED IN THIS ARTICLE
New Orleans
Colon
Panamea
Gatun
Washington
Isthian Canal Commission
Goethals
New York
Isthmian Canal Commission
Stocks Rise as Railroads Lead Market Rally
New York November 7 stocks jumped amid a buying surge on the exchange with railroads most affected as leaders. New York Central up five points United States Steel reaches a record high of 55 1/2 as other major names gain one to two points. Critics tie Tafts speech to buy orders and a broader market swing with industrials in strong demand and improving business sentiment following the election. Devreane notes a bank statement showing loan and deposit declines with reserve and surplus shifts.
MENTIONED IN THIS ARTICLE
New York
Stock Exchange
New York Central
United States Steel
Dan
Bank Closes Its Doors in Arkansas City
Arkansas City on November 7 reports the Kansas Citizens and Farmers State Bank closed its doors yesterday morning pending any investigation of its affairs. No further details are available.
MENTIONED IN THIS ARTICLE
Arkansas City
Kansas Citizens
Farmers’ State Bank
Friend of Taft and Hughes Dies of Strain
Professor Edwin Emerson, longtime friend of Judge Taft and Governor Hughes, died in Tokio from heart failure attributed to the intense excitement over the American election news.
MENTIONED IN THIS ARTICLE
Taft
Hughes
New York
Edwin Emerson
Tokio
France Plans Air Garages to Boost Aviation Routes
Paris Nov 7 Minister of Public Works Barthon told the senate he will seek a government credit of 20000 to begin a nationwide system of air garages along principal aerial routes. Prizes for aviation will be offered if the project proceeds to secure French leadership in aviation. The statement came during interpellation by Baron d Estournelles de Constant on government steps toward aviation leadership.
MENTIONED IN THIS ARTICLE
Paris
Barthon
Senate
Barthou
Baron d'Estournelles de Constant
Ruef Trial Opens Days After Jury Effort in San Francisco
After seventy days of jury selection work, the trial of Abraham Ruef on charges of offering to bribe former Supervisor John J. Furey to vote for the trolley franchise for the United Railroads began yesterday before Superior Judge William P. Lawlor. Assistant District Attorney Francis J. Heney delivered the opening statement.
MENTIONED IN THIS ARTICLE
San Francisco
Cal
Abraham Ruef
John J. Furey
United Railroads
William P. Lawlor
Francis J. Heney
Boston Parkman will provides large boost to parks
Boston, Nov. 7. By probate of George F. Parkman s will Boston gains an estimated four to five million dollars for park provisions. Half of future park expenditures are secured, as the city spends about four hundred fifty thousand dollars annually for maintenance. The heirs withdrew their contest, deeming a court battle costly and unlikely to succeed.
MENTIONED IN THIS ARTICLE
Boston
George F. Parkman
Parkman
Court Again Hits The Tobacco Trust
The government’s claim that the American Tobacco Company operates as a restraint of trade and violates the Sherman antitrust law was sustained by judges Lacombe Coxe Noyes and Ward in the United States circuit court New York November 7 Judge Ward dissented This ruling reinforces the federal action against the tobacco trust and its market practices.
MENTIONED IN THIS ARTICLE
New York
Tovacco
Lacombe, Coxe, Noyes
Ward
United States
Harriman Rumor Moves New York Central Control Stakes
New York City November 7 report says E H Harriman may soon influence control of the New York Central system. No confirmation or denial was available as markets react to the chatter about a possible shift in leadership.
MENTIONED IN THIS ARTICLE
New York
New York Central
E. H. Harriman
German Emperor Urged to Abdicate Amid Growing Discontent
Berlin dispatch reports Maximilian Haiden in Die Zukunft urging Emperor William to abdicate or halt international quarrels. Harden addresses a crowd, echoing calls against absolutism and noting the Kaiser's perceived faults. Continental sentiment grows against William and Chancellor von Buelow. (Continued on Page Four.)
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Berlin
Maximilian Haiden
Die Zukunft
William
Harden
Tlarden
Germany
Halden
Empire
von Buelow
Court ruling challenges interstate rate changes in Missouri river lease
Chicago judges Grosscup Seaman and Baker upheld a federal court decision against the interstate commerce commission over the Missouri river jobbers lease. The ruling appears to undermine the commission by sustaining a court view that changes to rate making plans are impractical, signaling a major legal setback for federal regulation.
MENTIONED IN THIS ARTICLE
Chicago
Grosscup, Seaman and Baker
Federal
Inter- State Commerce Commission
Democrats plan to contest Deneen election in Illinois
Chicago reports that the Democratic state central committee declares the intent to contest Governor Charles S. Deneen’s reelection. Chairman Boeschenstein says Adlai Stevenson has a plurality and a recount will be demanded from the legislature, though practical time and governance implications loom.
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Chicago
Democratic, State Central Committee
Charles S. Deneen
Charles Boeschenstein
Democratic State Central Committee
Adlai E. Stevenson
Stevenson
Mineis
Eshyass
Deneen
Rose
McCullough
Sherman
Senate
John Oglesby
John Smulski
Agnies
Boeschenstein
Questi
Taft Says He Has No Texas Ranch
Cincinnati dispatch reports Judge Taft dismissing rumors of a Texas hunting trip this winter. He clarifies he owns no land in Texas and that the ranch mentioned belongs to Mrs. C. H. Tatt. He urges correction of the erroneous impression he has any ranch interests.
MENTIONED IN THIS ARTICLE
Cincinnati
Taft
Texas
C. H.tatt
Aldrich weighs tariff revision amid rail ruling risk
Senator Aldrich after a White House visit says tariff revision would be desirable but may not pass this session. He questions the commission’s power to set new rates, while a court halt targets Missouri River rail lines and western discrimination. The case pivots on whether eastern cities equal western rates. The justices urge speed toward the Supreme Court.
MENTIONED IN THIS ARTICLE
Washington
Aldrich
Senate
Commission
Rock Island
Missouri River
Middle West
Chicago
St. Paul
St. Louis
Pittsburg
Buffalo
Supreme Court
Bar
Mississippi River
Seaboard Territory
Mississippi
Great graft leads to many discharges
Quebec reports 28 minor officials and employees suspended after disclosures at Judge Cassels hearing into graft in Canada's marine department. Testimony shows contractors earned a 5 percent bonus on nearly all government furnishings.
MENTIONED IN THIS ARTICLE
Quebec
Cassels
Canada
Marine Department
Sherman's National Campaign Expenses
Alieny N Y Nov 7 Vice President elect Sherman has filed in Albany a statement of campaign expenses. He contributed to Oneida county Republican committee 750 to the state committee 500 to the national committee 50 to Harry EB Devendorf private secretary for expenses 600 traveling expenses 900 total 2800.
Ohio Democrats Claim Sweep of State Ticket
Columbus reports that National Committeeman Garber and State Chairman Finley say the entire state democratic ticket has been elected, based on returns received throughout the night.
MENTIONED IN THIS ARTICLE
Columbus
Ohio
Garber
Finley
Taft Arrives at Hot Springs for Stay With Wife
President elect William Howard Taft and Mrs Taft arrived at Hot Springs Virginia at 10 20 am to a large welcoming crowd They moved to Ruth Harrison cottage where Taft will set up executive offices on the second floor Fred Carpenter will be private secretary Letters of congratulation continue Taft plans to respond by card and will play 18 holes of golf this afternoon.
MENTIONED IN THIS ARTICLE
Hot Springs
Fred Carpenter
Taft
Aft
Bernstorff Named German Ambassador to America
Count Johann Heinrich von Bernstorff, recently German envoy in Egypt, selected by the emperor to succeed the late Baron von Sternberg as ambassador to the United States. The appointment is not formal yet but expected to be announced within days. Countess von Bernstorff is American born, daughter of Edward Luckemeyer of New York.
MENTIONED IN THIS ARTICLE
Berlin
Johann Heinrich von Bernstorff
Egypt
Baron von Sternberg
America
Countess von Bernstorff
Edward Luckémeyer
New York
Railroad Official Found Dead in Bed
Chicago November 7 William D Cornish of New York second vice president of the Union Pacific railroad company and director in many other corporations was found dead in his bed in the Auditorium Annex cause heart disease listed as the cause of death
MENTIONED IN THIS ARTICLE
Cornish
Union Pacific
Auditorium Annex
Chicago
William D. Cornish
New York
Union Pacific Railroad Company
Auditorium
Ruling on Spanish War tax reaches estate shares
In St Louis on November 7 the U S court of appeals issued a law opinion stating that a percent of the Spanish American War tax on all legacies and distributed shares exceeding $1,000 must be paid to the government. The ruling applies to estates where the testator died between February 10, 1901, and April 2, 1902.
MENTIONED IN THIS ARTICLE
St. Louis
United States Court of Appeals
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U. S
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Reston
Mass
New England
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Will
Tobacco Trust
Harriman
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Peach
Kaiser
Ssult
Casablanca
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AREST
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von Sternberg