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Newspaper
The Dakota Huronite
Location
Huron, South Dakota, United States of America
Date
Aug 06, 1903
Page
4
The law fixing board of charities and corrections salaries at 1500 per year is challenged as unconstitutional because it raises compensation during a term. The AG argues the spirit blocks the measure, likely forcing resignations and new appointments to grant the pay.
Cardinal Sarto patriarch of Venice has been elected Pope today. Born June 2, 1835 in Riesi di Treviso he is 68 and served as bishop of Mantua. Known for purity and modesty he is liberal in ideas and not a politician. No major Vatican policy change expected.
The state board will meet at the state capital next week to address funding for appropriations. Lawmakers overestimated revenues by 500,000 and failed to boost income, leaving the burden uneven as real property and small businesses pay full tax while large corporations pay little more. The board faces a difficult task in reforming tax laws.
The Wisconsin insurance commissioner asserts the office protects the people by requiring mutual life insurers to distribute surplus among policy holders at least every five years. The ruling affects many companies and could involve billions in potential distributions, prompting mutuals nationwide to contest the decision in court. If upheld, hundreds of millions could flow to policy holders and other commissioners may adopt the stance.
The attorney general has rendered a formal opinion to the state auditor regarding a questioned matter. The opinion clarifies legal standards and outlines recommended actions for state fiscal oversight and compliance.
The article argues that Wall Street turmoil does not hurt solid business as long as farmers harvest good crops and have markets. It states commerce, agriculture, and manufacturing drive prosperity, with farmers receiving their due ensuring national strength despite speculators’ ups and downs.
The widow of the late Minnesota Senator Davis wed in Washington on Wednesday. The marriage license lists the bride’s age as 35, noting she was first married to a 14 year old boy forty years prior and later to the late senator, with her youthfulness admired as she now has a new husband.
The South Dakota state board of agriculture will meet at Yankton August 11 to hire musical bands for the fair. They invite all state bands to submit applications and terms to secretary W. B. Dean at Yankton.
Hon. J. H. Mechads stops offering his Codington county farm of 400 acres for sale after comparing potential yearly net revenue to the safest securities. He notes the land’s growing value and announces the decision reflects better returns than selling at 40 dollars an acre.
Exposition officials plan a corn palace on the South Dakota building site with a $7500 cap set by the legislature. Other notes mock, including a Honolulu robbery of diamond worth $80,000 and a rail assessment shift in Iowa. A Philadelphia chemist claims silver to gold transmutation.
A 1903 estimate places South Dakota wheat at 50 million bushels with a value around 30 million dollars, framing the state’s grain belt as a substantial economic force. The clipping then shifts to Peruna tonic endorsements from Miss Anna Prescott to Miss Florence Allan praising its quick, lasting effects on systemic catarrh and fatigue. It includes appeals for customers to write to Dr. Hartman for free medical guidance.
Thomas A. Edison says his perfected storage battery for automobiles is in production for car makers. The battery allegedly enables a vehicle to run 3600 miles and is described as fool proof and operable by a child.
Promoters trumpet Lane as a promising new town on the Milwaukee between Woonsocket and Wessington Springs. The site lies in rich country and is expected to become a thriving trading point.
The Salmon trust rises as an inflated combination sinks value. Stock once at par a year ago now trades at two dollars per hundred, signaling a marked loss for investors and a shift in market confidence.
The University of South Dakota at Vermillion and the Agricultural College at Brookings appear headed for a heated clash, with current indications pointing to a volatile dispute between the two institutions.
Professor Wheaton of the South Dakota Agricultural College has been dismissed. The action appears to stem from his steadfastness and efficiency in duties.
Edison asserts his perfected storage battery will supplant thousands of small gas engines used across the country, signaling a major shift in energy and transportation technology.
Huron moves to secure the Publishers' Mutual headquarters with requests for $100,000 in risks due now. Rockefeller raises gasoline price by one more cent. Chicago University nears receipt of an additional gift.
In cool weather, Hu Ron girls drop men's socks for long hosiery, adapting to the chill with extended legwear.
The northwest mourns the death of Mrs Jane Burke also known as Calamity Jane, a noted pioneer character.
National banks report circulation growth from 254 million to 416 million dollars, with the period starting March 14 1900. The increase reflects expanding banking activity and greater monetary liquidity across the system.
Old line insurers claim to be aggrieved by enacted legislation and begin pulling out of the state, their protests likened to a gored bull.
Jim Hill has finally scored in the merger case. The statement marks a notable development in legal proceedings, signaling progress toward a resolution in the dispute.
The Canton News notes Publishers Mutual Insurance Company as a leading candidate for public favor with L. D. Wait of Armour as president and H. C. Shober as secretary and manager. The News has pressed for some time that the firm leads in public regard.
The speaker argues escape from extortion by old line companies lies in promoting mutual companies. Well managed mutuals offer security at lower costs and could expand, taking on more business as the sector grows. There is room for several new mutual firms in the state.
St Louis Globe Democrat notes the death of Gen Cassius M. Clay in Kentucky. The abolitionist and fierce orator defied slaveholders, often facing violence to champion free speech and anti slavery ideas. His life shows how outspoken dissent can challenge entrenched power.
In Huron South Dakota on August 5 1903 Lawrence promotes Northwestern Trust Company of Omaha plan for home ownership through small membership and monthly payments over eighteen to forty four months. Contracts mature with company buying or building the home or paying off the mortgage. About fifty to sixty contracts in city with two already matured including Women’s Relief Corps hall purchase. Company supervised by state bank examiner in Omaha with monthly book checks.
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