Schiff Warns of Panic From Inelastic Currency in 1905
Jacob H. Schiff warned at the New York Chamber of Commerce that without currency reform a panic could occur, opposing Secretary Shaw’s relief plan and favoring currency paper. The speech triggered market volatility, with Wall Street prices falling as speculative leaders in the metal sector suffered declines.
MENTIONED IN THIS ARTICLE
New York
Jacob H. Schiff
Kuhn, Loeb &Co
New York Chamber of Commerce
Schiff
Shaw
Schifg
Stock Exchange
Committee On Finance
Chamber of Commerce
Srder
Secretary of the Treasury
Congress
Chamber
Schift
Wall Street
Government Builds Country Roads Report Details Costs
Washington report from the Office of Public Roads in the Department of Agriculture shows twenty one roads built nationwide during the year. Macadam roads cost up to 98 cents per square yard with an average of 64 cents. sand and clay 91% cents. burnt clay 20 cents. shell 4 cents. States receiving roads include Ohio Illinois Missouri Kansas Washington Texas Louisiana and Florida with seven in Florida and three in Ohio Missouri and Washington each receiving multiple projects.
MENTIONED IN THIS ARTICLE
Washington
Office of Public Roads
Department of Agriculture
Ohio
Illinois
Missouri
Kansas
Texas
Louisiana
Florida
Wadsworth Nominated for Speaker of the Assembly
James W. Wadsworth Jr of Livingston County won the Republican caucus nomination for speaker of the New York Assembly. He led with 75 of 104 votes, defeating A Merritt Jr and J M Wainwright. His Democratic challenger will be George M. Palmer of Schoharie.
MENTIONED IN THIS ARTICLE
Wadsworth
New York Assembly
Albany
James W. Wadsworth, Jr
Livingston County
James W. Wadsworth
Thirty-fourth
John Hay
Assembly
George M. Palmer
Schohart
A. Merritt, Jr
St. Lawrence
J. M. Wainwright
Westchester
Vienna reaction to Bulgaria Serbia customs union
London The Standard's Vienna correspondent reports concern and irritation in Vienna as Bulgaria and Serbia conclude a customs union while negotiations for commercial treaties with Austria break down. The development stirs anxiety about broader trade alignment and regional stability.
MENTIONED IN THIS ARTICLE
Vienna
London
the Standard
Bulgaria
Servia
Austria
Omaha Men Beat Uncle Sam at Little Buffalo Basin
In Meeteetse Wyoming locals suspect Omaha parties have bypassed the reclamation service in the Little Buffalo basin irrigation project five miles east of town. Surveyors from Worland are at work but the project chief refuses to confirm employment. Fears arise that private capital from Hanover Canal Company in Worland funds the effort.
MENTIONED IN THIS ARTICLE
Omaha
Uncle Sam
Meeteete
Wyo
Little Buffalo Basin
Here
Worland
Hanover Canal Company
McCall Resigns New York Life Presidency
John A. McCall steps down as New York Life president after fourteen years. Alexander E. Orr is named successor at a $50,000 salary. McCall’s new pay was $100,000. The board trims second vice presidents to two. Orr, a retired merchant, has led Rapid Transit Commission and chaired the Chamber of Commerce.
MENTIONED IN THIS ARTICLE
New York
John A. McCall
New York Life Insurance Company
Alexander E. Orr
McCall
Board of Trustees
Orr
Rapid Transit Commission
Chamber of Commerce
Tyrone County
Ireland
John C McCall
Kingsley
John C. McCall
The
New York Life
Progress and Prosperity Across All Departments
Bradstreets reviews a year of growth in agriculture, trade, industry and speculation. Expansion marked every department with rising returns and few failures. A revival that began in late 1904 strengthened as the year advanced despite a spring pause and occasional worries about crops and finance.
MENTIONED IN THIS ARTICLE
New York
Bradstreets
Map to guide crop selection across life zones
The biological survey of the agriculture department marks the United States into natural life zones to help farmers pick crops best suited to their areas. It reports on last year's work and notes a pre Thanksgiving survey found a growing scarcity of game and rising prices due to stricter laws and enforcement, with venegson prairie chickens and quail especially scarce and a shift toward imported game at moderate prices.
MENTIONED IN THIS ARTICLE
Washington
Department of Agriculture
United States
Senate to debate Dominican treaty stance and Morines affair
The U S Senate opens with moves on the Dominican question and Senator Tillman’s information resolution following Morines’s flight. Gallagher seeks shipment bill action, Lodge Mallory divided views on the bill, and discussions on the Isle of Pines Cuba treaty with Foraker aiming for early action.
MENTIONED IN THIS ARTICLE
Washington
Senate
Santo Domingo
Tillman
Morines
Raynor
Morales
Republic
Little Republic
Gallinger
Merchant Marine Commission
Commission
Lodge
Mallory
Cuba
Isle of Pines
Foraker
African Explorer Victim of Cannibals in Nigeria
The Elder Dempster steamer Olenda brought a report of cannibalism in Nigeria. Dr. Stewart of the southern Nigerian government, traveling with an expedition, was separated from the group near Calabar river. While riding a bicycle, he was passed by carriers, wandered into a hostile village, and later parts of his body were found by returning carriers who joined the expedition.
MENTIONED IN THIS ARTICLE
Liverpool
Olenda
Dempster
Nigeria
Dr. Stewart
Calabar
Express firms join railroads in ending free passes
New York express companies have decided to refuse carrying business free of charge. Announcement from Adams Express notes that railroads have halted free business, so after January 15 the leading express firms will not provide free service to merchants or patrons. They will exchange annual passes with each other and with railroad lines.
MENTIONED IN THIS ARTICLE
New York
Adams Express Company
Life Imprisonment Still His Portion
The U S supreme court affirmed a Kentucky appeal ruling in favor of James B. Howard in the Goebel governor murder case. Howard was tried three times in Franklin county circuit court starting January 30, 1900, and convicted each time. He sought review of jury selection procedures, contending trial court irregularities denied him another trial.
MENTIONED IN THIS ARTICLE
Washington
Supreme Court of the United States
Kentucky Court of Appeals
James B. Howard
Kentucky
Howard
Circuit Court
Franklin County
William Goebel
Charge Ten Cents in Chicago Banking Fees Discussed
Chicago bankers and representatives of the Illinois Manufacturers' Association met to consider a 10 cent collection fee on all out of town checks deposited in city banks. The Chicago Clearing House had previously adopted a resolution urging the fee, while the association opposed it with vigor.
MENTIONED IN THIS ARTICLE
Chicago
Uwnois Manufacturers’ Association
Chicago Clearing House
Grand Larceny Charge Linked to Kansas City Man
Kansas City report states J. L. Jaynes, arrested in Louisville, is wanted on a grand larceny charge filed by his former employer. The amount involved is under $500.
MENTIONED IN THIS ARTICLE
Kansas City
J. L. Jaynes
Louisville
Bryan's Bacolod Visit Highlights Independence Hopes
W J Bryan was enthusiastically welcomed by Bacolod officials and residents on Friday. At a banquet a native leader expressed hope for eventual independence and outlined the province's industrial, economic, and administrative conditions. Bryan urged natives to trust the American people.
MENTIONED IN THIS ARTICLE
Manila
W. J. Bryan
Bacolod
Occidental Negros
Champ Clark On The Tariff In Three Hour House Display
Missouri Congressman Champ Clark addressed the House for three hours on the Philippine tariff bill. He defended his Democratic identity, praised standouts and criticized Republican leaders while touching on the Philippines, general tariff, Bryan’s silver record, and Secretary Shaw’s revenue notes. Fordney of Michigan opened the beet sugar industry opposition, recalling Republican pledges.
MENTIONED IN THIS ARTICLE
Missouri
Washington
Champ Clark
Clark
Philippines
William J. Bryan
Shaw
Joe Cannon
Fordney
Michigan
Railroad Legislation Will Pass Congress
Washington reports that rate legislation is expected to pass in the coming session, while no revenue measures are anticipated. Statehood moves will take priority, followed by the rate bill likely in late January or February, per Republican steering committee head Senator Allison. The senior lawmaker, influential in scheduling, declined to commit to specific policies before recess.
MENTIONED IN THIS ARTICLE
Washington
Congress
Senate
Republican Steering Committee
Allison
West
Audit details million-dollar shortfall in Peoria school funds
Everitt Audit reports defalcations of N C Dougherty summarized for the Peoria school board. Total seven-year shortage $841,408 with about $15,000 for unused warranted expenditures. Projected eighteen-year shortage near $1,000,000. Forged script detected for 1887 and 1889, though totals for those years are not yet estimated.
MENTIONED IN THIS ARTICLE
Peoria
Everitt Audit Company
N C. Dougherty
Everitt
House Deficiency Estimates to be Considered This Week
Washington sub committee on deficiencies of the house appropriations will begin consideration of deficiency estimates on Monday or Tuesday and frame a bill likely to be reported in a few days. Estimates totaling about 10 million dollars will be reviewed, including 3.5 million for pensions 2.5 million for the navy and 1.5 million for internal revenue collection.
MENTIONED IN THIS ARTICLE
Washington
House Committee On Appropriations
Internal Revenue
Statehood bills to receive attention
Washington The joint statehood bill likely to be favorably reported by the house committee on territories Monday or Tuesday and then considered by the house on Wednesday. It would admit Oklahoma and Indian Territory as one state and New Mexico and Arizona as another, dropping the Gallinger Stone prohibition amendment. Prohibition would apply only in Indian Territory and in the Indian reservation in Oklahoma and Arizona. The bill was read and considered by sections and hearings are expected daily until reporting.
MENTIONED IN THIS ARTICLE
Washington
House Committee On
House
Oklahoma
Indian Territory
New Mexico
Arizona
Senate
To Heln Cattlemen. Western grazing bill introduced in Congress
Washington reports Representative Curtis of Kansas introduced two bills to permit grazing on western lands. The measure allows leases for five years under rules set by the secretary of the interior.
MENTIONED IN THIS ARTICLE
Washngton
Curtis
Kan
Secretary of the Interior
Protests on Rate Bill Reach Nebraska Rail Workers
Washington letters and telegrams pour into Senator Millard from Nebraska railroad employees protesting the Esch Townssend railroad rate bill.
MENTIONED IN THIS ARTICLE
Washington
Senator Millard
Nebraska
Rates Discussed Draw Administration Support and Democratic Prospects
Washington Senate commerce panel spent two hours Friday debating rate regulation. Dolliver’s bill likely gains administration backing and aims to attract some Democrats. Tillman met after adjournment as committee eyed an early report on sections. House support anticipated. Hepburn bill could push similar Senate action. Democrats remain split. Tillman and Newlands have pending measures. Dolliver warned of a minority report if rejected, to force Senate consideration.
MENTIONED IN THIS ARTICLE
Washington
Senate Committee On Interstate Commerce
Dolliver
Tillman
Senate
House
Senate Democrats
Newlands
Interstate Commerce Committee
Unlawful Land Grabb ers Move Toward Prosecution
Washington reports the Department of Justice will soon prosecute Rev. George G. Ware of Lead, South Dakota, a prominent Episcopal rector, for alleged involvement in Nebraska land frauds. The action follows a wave of cases across Nebraska and reflects ongoing federal efforts after recent penalties for other land grabbers. The President dismissed District Attorney Baxter and Marshal Mathews for failing to secure harsher penalties, and public opinion suggests a federal judge might also be held accountable, though judges are not directly prosecutable.
MENTIONED IN THIS ARTICLE
Washington
Department of Justice
George G. Ware
Lead
S. D
Nebraska
Department
Baxter
Marshal Mathews
Munger
Williams Delayed by Ill Daughter in Mississippi
Representative John Sharp Williams of Mississippi, the Democratic floor leader, has not yet returned to Washington due to his daughter's serious illness. He is expected back in a few days as her condition improves.
MENTIONED IN THIS ARTICLE
John Sharp William
Washington
John Sharp Williams
Mississippi
Germany Readies For War On Eve Of Morocc College Conference
Germany strengthens readiness as the railway system orders 20 000 freight cars worth 60 million dollars from Belgium Holland Switzerland and Italy with delivery by mid February. Officials say the moves are precautionary and aim to move troops by March 1 amid extensive French military preparations including six artillery regiments approaching the German frontier.
MENTIONED IN THIS ARTICLE
Berlin
Germany
Belgium
Holland
Switzerland
Italy
France
Miss Wilhelmina Busch Leaves for Pasadena
Adolphus Busch announced that his daughter Miss Wilhelmina Busch departed St Louis for Pasadena California with four maids a secretary and a man servant. Lieut Edward Scharrer of Germany who was connected with earlier engagement rumors remains in St Louis.
MENTIONED IN THIS ARTICLE
ST. T
Adolphus Busch
Wilhelmina Busch
Pasadena
Cal
Busch
Edward Scharrer
Germany
Misa Busch
St. Louis
Dead numbers rise as Moscow endures ten days of revolt
A Moscow report details 548 killed and 1,065 wounded in ten days of rebellion, with 174 later deaths among the injured and nine troopers killed. It notes inflated sensational claims debunked, desecrated foreign property, and a quick city reopening for Russian Christmas shoppers.
MENTIONED IN THIS ARTICLE
Moscow
Presna
Prokharoff Mills
M. Straboloffski
Mr. Smith
St. Petersburg
Germany
The Historic Haversack Soon to Pass Away
Army officers predict the historic haversack will be retired as an emblem of soldierly gear. They argue it hindered progress in rough country and across streams, prompting a move to lighter pack loadings and reliance on base supplies.
MENTIONED IN THIS ARTICLE
Washington
Yerkes Will Brought to Chicago by Clarence Knight
Clarence A. Knight, longtime adviser to Charles T. Yerkes, arrives from New York with the late traction magnate’s will. It will be filed in Chicago probate after preliminary formalities and witnesses arrive. Knight asserts there is no possibility of the individuals recently named in Yerkes affairs.
MENTIONED IN THIS ARTICLE
Chicago
Clarence A. Knight
Charles T. Yerkes
New York
Traction
Knight
Appointed Lord Justice Moulton Named Appeal Judge
London John Fletcher Moulton, MP, appointed lord justice of appeal succeeding Justice Mathew who resigned. Mrs Moulton is the daughter of Maj Henry Davis of Syracuse New York.
MENTIONED IN THIS ARTICLE
London
John Fletcher Moulton
Justice Mathew
Moulton
Maj
Henry Davis
Syracuse
N. Y
Commander Young to Receive Reprimand
Secretary Bona parte acted on a court martial in the Bennington case. Commander Lucien Young was found guilty on part of the specifications for negligence of duty related to the fatal explosion at San Diego last summer and sentenced to a letter of reprimand. Ensign Wade’s case remains undisposed of.
MENTIONED IN THIS ARTICLE
Washington
Bonaparte
Lucien Young
Bennington
San Diego
Cal
Young
Wade
Grand Jury Indicts Foreman In lands fencing case
Helena Montana United States grand jury indicted Joseph P Woolman former U S marshal for Montana on charges of illegally fencing public lands in Teton county He had served as foreman until an indictment was returned and retired to avoid hampering the jury He posted 1000 bail to plead next Saturday January 6.
MENTIONED IN THIS ARTICLE
Grand Jury
Helena
Mont
United States Grand Jury
Joseph P. Woolman
United States
Montana
Teton County
Woolman
Also Mentioned on This Page
M'Call
Hillman
Bryan
N. C. Dougherty
Senate Commerce Committee
Senator Dolliver
Miss Busch
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