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Newspaper
The Dakota Huronite
Location
Huron, South Dakota, United States of America
Date
Nov 07, 1907
Page
6
Washington reports from an authoritative source say President and cabinet members discuss currency reform with Treasury leadership. Experts from banks, business, law, and academia seek a single workable measure, but Congress is unlikely to act quickly and a special session is not urged.
Commissioner Leupp refutes criticism of the Indian bureau over the Thunder Butte Ute case. He cites two railroad job offers refused by Utes and argues for work opportunities rather than pauper relief, saying Indians must earn a living. The White House conference with President and Secretary Garfield approves his policy.
In Chicago on November 4, Henry G. Dawson a mantels maker is surprised by a group of workers offering about $6000 to help cover two paydays. If more is needed the workers promise further help.
Following a meeting of the Commercial Telegraphers Union in New Orleans it was voted to let all operators return to work who wished. Officials announced the strike was a thing of the past for New Orleans.
President Roosevelt held a nearly two hour White House meeting with Secretary Root and United States Steel leaders E. H. Gary and Henry C. Frick. The discussion focused on the financial situation and no statement was expected at that time.
Paris reports point to an imminent tariff clash after talks on a 20 percent wine concession and 100 listed items stalled. France promised no more trade talks until parliament reviews the 1892 tariff, with little hope of agreement absent U S changes.
Governor Cummins of Iowa after talks with President Roosevelt said he supports federal control of corporations and believes a constitutional amendment would be necessary to implement such control. He declined to reveal the report’s specifics or his view of the regional financial outlook.
Washington telephones to financial centers report a more settled and hopeful mood about the financial situation. No disquieting developments reached the treasury, and optimism lasts through the centers.
In Columbus Ohio a petition in common pleas court asks to dissolve the brokerage firm Sessions & Co. A receiver is named. Liabilities amount to 200000 dollars while assets total 170000 dollars. The suspension will have no effect upon any Columbus bank.
In Butler Pennsylvania eleven men were severely injured by a premature explosion of a heavy dynamite charge in a limestone mine. One man is believed to be fatally hurt. The accident occurred during mining operations.
Announcement states Harry Kended Thaw will use insanity as the defense in his second trial for the murder of Stanford White. Martin W. Littleton, Thaw’s chief counsel, is believed to hold the strategy not as theory but as a belief in his client’s unsound mental condition.
New York, Nov 4. The Times reports E. H. Harriman bought Central of Georgia stock recently sold by Oakleigh Thorne and Marsden J. Perry. Harriman plans integrate the road with Illinois Central lines. The two roads connect at Birmingham Alabama, expanding Harriman holdings and network.
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