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Newspaper
San Antonio Light
Location
San Antonio, Texas, United States of America
Date
Dec 04, 1912
Page
1
Secretary MacVeagh warns Congress of a large fiscal deficit for the year ending June 30 1914 and calls for radical banking and currency reform including never failing reserves and a central agency free from political control to coordinate independent banks. He argues the current system provokes panics and constrains growth.
For San Antonio and vicinity the forecast calls for unsettled conditions tonight and Thursday with colder temperatures arriving Thursday.
Morning reports show temperatures ranging from 28 to 486 with cloud cover and winds varying by city. Notable values include St Louis 46 with northeast winds and Kansas City showing a misprint of minus 36 amid cloudy skies.
The Texas commission released the fiscal year 1912 railroad report showing an 837 mile increase in track including sidings, 548 million dollars in liabilities across 101 roads, and track mileage rising from 8654 to 14940. Gross earnings reached 102.78 million with operating expenses of 81.72 million, yielding 21.06 million income from operation.
The Texas education department apportioned 762 276 dollars for December as a per capita 75 cents based on 1 019 000 students. This is the second monthly apportionment of the fiscal year after November 1 at 50 cents per student. Of the total 280 435 dollars went to independent districts and 481 841 dollars to common and small districts.
Raids on post boxes resumed in London last night hitting many areas. A HAMMERSMITH box had a large number of letters destroyed and boxes in the financial district were attacked again.
State pure food commissioner J. S. Abbott announced an extensive investigation into baking powder sold in Texas. Inspectors will sample brands to determine if any unlawful ingredients are used.
Indiana Governor Thomas R. Marshall praises cooks as essential to society saying any working woman doing honest labor is more vital to the state than the governor. He notes his wife as well educated and asserts that governors merely hold office while workers uphold institutions.
Victor L. Berger, Milwaukee socialist in congress, forecasts an industrial panic within a year that will break the solid South, trigger riots and disturbances, and push for at least fifty socialist members in Congress to shake up the Democratic Party. He argues the South lags behind the North in economic development and will face hard times and soup kitchens.
State Fire Marshal T M Purtell said evidence shows an arson trust operating in Wisconsin and other states for years. Warrants have been issued for several principals, many living outside Wisconsin. He estimates the group has destroyed over 12 million dollars worth of property in the last decade.
J H Latham president of the Dublin Erath county school board secured registration of 44000 dollars in Dublin independent school district bonds. The 5 percent bonds mature in 40 years with a 10 year option. Proceeds will fund a new high school building construction.
Representatives of southwestern fruit and truck growers continued talks in Dallas on December 4 to improve marketing conditions. They discussed forming a crop reporting service a credit reaching service and standardizing packing receptacles.
Day in Congress covers noon convening, nomination of Walter F. Frear for Hawaii governor, Bristow proposals on initiative and recall of judicial decisions, commerce sub committee hearing on involuntary servitude bill for sailors, and impeachment testimony in Judge Archbald case. The joint commission chair Martin says a meeting will be held Thursday on foreign purchase of American tobacco.
Annual report of the secretary of the treasury was read. Chairman Padgett of naval affairs committee introduced bill to confer titles of admiral on commanders-in-chief of Atlantic and Pacific battleship fleets. New York delegation opposed Burnett immigration bill with literacy test and disapproved government purchase of Monticello. Passed Crago bill to pension Spanish war veterans widows and children. Banking and currency committee will meet Thursday to consider levy bill for deposit of $50,000,000 by treasury in national banks to relieve financial stringency.
The first big supply bill of the session, the legislative, executive and judicial appropriation bill, was reported with 34 897 105 50 dollars appropriated, a reduction from the prior session. It excludes Burleson’s former presidents as at large and omits assay offices and mint funding. The bill cuts treasury estimates by over a million and awaits floor consideration.
Texas treasury reports quarter ending November 30 with cash on hand totaling 897 006 16 and bonds 19 539 715 28. General revenue cash 161 791 42 amid 600 000 warrants. available school 455 067 70. permanent school 92 962 08. permanent university 10 497 04. available medical branch 16 857 47. fish and oyster 33 156 82. prison commission 25 312 66. Disbursements total 1 684 953 35 by fund: general revenue 890 161 82. available school 548 233 69. permanent school 203 366 00. permanent university 45 897 53. prison 33 651 11.
Texas Daughters of the Confederacy at the state convention in Fort Worth collected several hundred dollars for the Arlington monument fund. Money will support a soldiers and sailors shaft in the national cemetery. Contributions came from both chapters and individuals as the convention closes Thursday.
Mason grand lodge in Waco Texas held morning sessions with committee reports. Grand Treasurer Peavy reported receipts totaling 139980 dollars 89 cents and disbursements 127108 dollars 08 cents leaving a balance of 12800 dollars 81 cents. Adjournment likely tomorrow afternoon.
The Po teet Coal and Sand company of San Antonio obtained state department approval to amend its charter increasing capital stock from 15000 to 50000 dollars.
Rebels led by General Orozco Jr. fire on a Mexican Central passenger train north of Chihuahua City, killing most of the thirty guards and some passengers before burning the train. Reports say Orozco’s forces also destroy the railroad and may march on Juarez as federal forces suffer losses in Guzman.
Premier Saionji and key ministers stepped down today amid a cabinet crisis caused by difficulties in naming a successor to war minister Lieutenant General Uyehara. It is expected Prince Taro Katsura or Count Tereauchi will be asked to form a new government.
Senate resolutions by Bristow propose two constitutional amendments. One would allow presidential submission of a recommended but unacted measure to a national popular vote at a congressional election after six months. The other would let Congress submit a Supreme Court ruling on a congressional act to electors in a regular congressional election. Both require a majority vote in a majority of states and districts.
Richmond dispatch reports a Virginia Governors conference pause for an oyster roast hosted by the National Guard association at Cape Henry. Gov. Cole L. Blease of South Carolina threatens unpunished lynching of black assailants of white women, declaring no militia orders to shoot.
War Department orders concentrate the Third Cavalry at Fort Sam Houston with light troops patrolling the Mexican border. Five squadrons are stationed at Fort Bliss El Paso Fabens Sierra Blanco and Marfa while the Second Cavalry at Fort Bliss will assume patrol duties. The move restores a fuller garrison at Fort Sam Houston as the border conflict continues.
The Texas Court of Criminal Appeals reverses and remands the case of Miss Blanche Ely, Llano County, who was fined $10 for whipping a 13 year old pupil. The court finds insufficient evidence for aggravated assault and upholds authority for moderate corporal punishment to restrain and correct a refractory pupil.
Important witnesses will testify before the senate sub committee investigating conditions along the Mexican boundary. Chairman William Alden Smith said the committee would return to the Mexican line to finish investigations and likely report to Congress by January 1. He indicated independent representations would be made to President Taft about neutrality law violations. We found no evidence of favoritism toward General Orozco but cannot say the same for Madero.
An anarchist burst into the bedroom of M. Ducret editor of the Free Idea and fatally wounded him in Montmartre Paris. He was accused on his deathbed by Ducret of having turned informer during the Bennett gang hunt. Ducret named LaCombe as the assailant.
County Judge James R. Davis and four commissioners will open a thorough investigation into Bexar county finances. They will consult Treasurer Edward W. Tynan and Auditor John V. Huntress and review the fiscal year ending November 30. They aim to determine current funds and projected totals by February 1, 1913, verifying August budget estimates and exact spending figures.
Dec 4 report from Waco states 19 year old mother Mrs Edgar Dyer told her four year old Wesley Dyer to come with her to grandmothers. She pointed an unloaded pistol at him but the child loaded a cartridge and fired, the bullet entering his right side through the lungs and bowels. The mother grave.
The organization of the Southwestern Telegraph and Telephone Co with a 40 million capitalization was announced to have no effect on the Texas unit. J E Farnsworth, president of the Texas concern based in Dallas, said operations will continue as is.
Frank H. Cordell, a prominent abstracter formerly of Brownwood, Texas, shot himself in Childress this morning and is expected to die.
The United States cruiser Des Moines reached Port Aransas yesterday afternoon and will stay until Friday before sailing to Port Arthur for ten days. The 296 foot ship carries 285 officers and seamen and draws many visitors to the new government port.
A ward ballot count in Brownsville Texas shows a tie between Cobolini and Cole for mayor from last spring's election. Cobolini who trailed by four votes contests the current mayor A B Cole's term. A second box will be opened this afternoon. if tied Kowalski may be reinstated temporarily.
The Commissioner of Insurance and Banking Bill deposited 5297.50 in the state treasury for bank examiner fees from October 30 to November 26, 1912. Each state bank is assessed a fee. funds support salaries for sixteen examiners in the field.
A Southwest Texas district convention in Austin completed its three day session and adjourned. New officers elected include A R Davis of San Marcos as president and C M Barnes of Fowlerton as vice president. J C Welch of Elgin became secretary. J C Mason of Dallas treasurer. T E Alexander of Austin and A R Davis of San Marcos join the executive board. The group will reconvene in San Marcos next year.
The report outlines ongoing tensions in the Balkans after an armistice signature and a stalled truce. Russia flatly counters Western ideas of war while Austro Hungary and Serbia face renewed diplomatic efforts. Greece's stance remains unclear as allies push for a conference to finalize terms.
Peace plenipotentiaries from Turkey Bulgaria Servia and Montenegrin allies begin work in London on Friday. Armistice signed at Baghtche forms four points preserving current positions revictualling Black Sea routes and Adrianople and setting peace talks in London for December 13 with Greece potentially joining despite reserved decision.
Sofia correspondent predicts Greek opposition to Bulgarian rule in Macedonia Thrace. The rural Bulgarian majority faces stronger urban Greek influence near the coast and calls for autonomy or concessions. Analysts suggest Bulgaria will bear the cost of any settlement over Adrianople and surrounding areas.
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