Steel Trust Answers Suit Over Bond Conversion Plan
United States Steel Corporation filed in Trenton a reply to the Hodge Smith Curtis suit seeking to stop converting 200 million dollars of preferred stock into bonds. It denies Curtis ownership, notes Smith’s late stock record, contests stockholder presence, and argues directors in the syndicate are a minority. The answer defends the plan as beneficial to all stockholders and contends the extra capital is not properly chargeable to earnings. An inventory shows assets exceeding par value and notes a current surplus.
MENTIONED IN THIS ARTICLE
Trenton
N. J
United States Steel Corporation Today
Court of Chancery
J. Aspinwall Hodge
Bernard Smith
William H. Curtis
Curtis
Smith
Hodge
Steel Corporation
J. P. Morgan & Co
meet@ answer
George W. Perkins
Finance Committee
Perkins
Conference yields no further details on coal talks
In a continuation of yesterday's meeting, officials withheld proceedings for publication. Mr. Mitchell suggested an official statement might follow. The miners' union chief declined to discuss the coal presidents' meeting reportedly held in New York on Tuesday.
MENTIONED IN THIS ARTICLE
Mitchell
Miners’ Union
New York
Klondike washery destroyed by fire at Trescoe Pennsylvania
Hazleton August 7 The Klondike washery at Trescoe owned and operated by Joseph Seager was destroyed by fire of unknown origin causing a loss of 31.08 partly insured The washery had suspended operations during the strike but resumed two weeks ago Strikers rallied the plant and closed it on Tuesday last and two restart attempts earlier this week were blocked by the strikers
MENTIONED IN THIS ARTICLE
Hazleton
Trescoe
Joseph Seager
Morgan Not Ready to End Coal Strike Pressure
In J Pierpont Morgan's Washington office, Morgan said he was not ready to declare a position on the cost strike. He faces public pressure from various quarters urging a settlement and claims he has the authority to do so, though he notes he is not the president.
MENTIONED IN THIS ARTICLE
New York
Washington Star
J. Pierpont Morgan
Morgan
Morgan His Hand Could End Coal Strike, Hint of Public Pressure
The report says Morgan controls coal railways presidents and could end the strike by granting miners demands, but public sentiment and rival unions push him to refrain. He prefers not to antagonize labor despite past steps toward closer employer union ties, returning to find a stubborn strike and mounting public outrage.
MENTIONED IN THIS ARTICLE
Wall Street
Mr. Morgan
Mine Workers’ Union
Mitchell
Morgan
Great Steel Trust
Schaeffer
Amalgamated Steel Workers
Steel Trust
Europe
Mitchell Replies To Hewitt In Mine Strike Debate
President Mitchell denounces ex Mayor Hewitt's recent statement as an attempt to obscure the strike issues and poor labor conditions in the anthracite fields. He says miners act as sovereign citizens and will vote their choice. he would not dictate their presidential preferences.
MENTIONED IN THIS ARTICLE
Wilkesbarre
Mitchell
Hewitt
New York
John D. Crimmins
Mr. Mitchell
United States
Miners’ Union
Collision in New York Harbor Injures Two Ocean Liners
In bright daylight in New York harbor the Italian liner Liguria carrying over 1100 on board was rammed by the British steamer Peconic. The Liguria’s hull was cut to the waterline but no lives were lost. The Peconic was damaged and returned for repairs. Father Rodriguez, a high church official, was aboard Liguria and headed to Washington after quarantine.
MENTIONED IN THIS ARTICLE
New York
New York Harbor
Liguria
Royal Mail Steamship Company
Peconic
Mediterranean
New York Steamship Company
Veara
Montana
Frank Kramer
Nassau
Father Rodriguez
Father Murphy
Tompkinsville
Staten Island
Washington
Charles Thompson
Fraternal Congress Sees $100,000 for World Fair Building
Denver August 17 The National Fraternal Congress heard reports from officers and committees. Dr H A Warner announced that assurances from individual fraternities practically guarantee $100000 for a fraternal building at the St Louis World’s Fair.
MENTIONED IN THIS ARTICLE
Denver
National Fraternal Congress
H. A. Warner
St. Lata
Publicity Not a Sure Remedy for Evils of Trusts
Saratoga Aug 27 The American Bar Association opened its twenty fifth annual meeting with remarks by President A M Rose of Little Rock on publicity as a remedy for corporate evils. He warned against lengthening the life of bad bookkeeping and noted limits on federal power to regulate state chartered firms. He also discussed tariff changes and constitutional amendments to curb trusts while highlighting primary election problems and the impact on independent candidates. The session featured talks by legal educators including Emlin McClain and Beale with Breen elected to the general counsel board.
MENTIONED IN THIS ARTICLE
Saratoga
American Bar Association
A. M. Rose
Little Rock
Rose
Cicero
Verres
Congress
Demarogue
Association of American Law Schools
Emlin McClain
University of College of Law
Joseph H. Beale
Harvard
University of Chicago Law Schools
Bar Association
M. D. Chalmers
London
British Treasury
A M. Eaton
Providence
R. L
England
United States
Wiliam P. Breen
Fort Wayne
General Counsel Board
Fea
Rene Ofre
Ellsworth
Hill
Burleigh Sy Eeers
Burleigh
Pines
Governor Hill
Congressman Powers
Wisewell
Justice Ener
Maine Supreme Court
Hyde
Widoln College
Col
A. E. Hamptin
Gas in Beaumont Oil Field Alarms Operators
George A. Hill, inspector of the oil fields at Beaumont Texas, warns the field is in alarming condition. He cites gas as so dangerous that over one hundred operators are overcome daily and ongoing contact risks total blindness.
German steel trust unites to push export bounties in trade fight
A Berlin report to the State Department details a German coal and iron syndicate forming an export bounty system to subsidize sales abroad. It notes rising iron and steel exports in the first half of the year, with 1,590,742 tons shipped and values climbing to 70,552,600 dollars. The piece cites covert maneuvers including mint officials’ involvement and plans to dispatch American assay experts to assist in China. The report also covers American-born Capt Marmaduke joining the Colombian navy and other naval shifts, plus a Striking interior department pension disbursement figure.
MENTIONED IN THIS ARTICLE
Washington
Germany
Europe
South
Central America
Africa
East
United States
Frank Mason
Berlin
State Department
Cologne
Mason
Mr. Mason
Higginson Report on New England search mission
Navy Department releases Rear Admiral Higginson's report on the coast to coast search operation conducted with blue fleet and Pillsbury's white squadron off New England. It praises Pillsbury's speed, notes valuable intelligence gained, and urges wireless telegraphy on all ships.
MENTIONED IN THIS ARTICLE
Washington
Navy Department
Higginson
Blue Fleet
Pillsbury
New England
United States
Kearsare
Menemsea Bight
Mass
Magnolia
John E. Pillsbury
Cape Cod
Portland
Rockport
Ensign Berry
Department
Chandler
Menemsha Bight
Chinese Plan to Resume Mint at Tien-Tsin Reported
Washington reports the State Department received a Chinese government communique stating a proposal to restart the government coinage mint at Tien-Tsin. The note outlines the plan and implications for currency production in the region.
MENTIONED IN THIS ARTICLE
Washington
Tien-Tsin
Self reliance and aid in personal uplift
The speaker urges restraint and practical aid, stressing that each person must help himself while offering direct aid in acute need. He condemns overprotection of children and praises self discipline as the path to lasting national improvement through improved individual citizenship.
President’s Maine visit urges self help and unity with farmers
In Bangor the President addressed thousands of farmers at the state fairgrounds praising rural life and the enduring American spirit. He argued for self reliance, cooperative effort, and government support via the Department of Agriculture as key to improving farm productivity while stressing duties to self and fellow citizens.
MENTIONED IN THIS ARTICLE
Bangor
Beal
Eastern Maine State Fair Association
Hale
Littlefield
Powers
Pittsfield
Newport
Maine
Republic
Granger
Farmers Institutes
Department of Agriculture
President praises duty to neighbor and moral progress
A keynote address extols the balance of personal duty to family with social responsibility. It argues aid must respect self-respect, avoid patronizing tones, and foster self-help, citing The Simple Life and Charles Wagner. It contrasts moral virtue with material wealth as the nation’s true strength, while noting widespread public reception as the president toured Bangor.
MENTIONED IN THIS ARTICLE
Charles Wagner
Maine Central
Hancock Street
Bangor
President speaks at Hale home in Ellsworth speech
The presidential train reached Ellsworth at 5 45 pm and the President addressed Senator Hale and local residents. He praised American greatness rooted in its men and women, urged steady progress, warned of future trials and stressed the navy as a best safeguard amid global duties.
MENTIONED IN THIS ARTICLE
Ellsworth
Hale
Why Do You Submit to a Daily Life of Suffering
Dyspepsia and summer ailments are blamed on a failing stomach in an advertisement for Paine s Celery Compound. It claims relief from dizziness nervousness sleeplessness headaches and indigestion by cleansing the blood restoring nerve fibers and digestive power with testimonials from Fred Ross of Clarendon Ta.
MENTIONED IN THIS ARTICLE
Paine
Fred Ross
Clarendon
Speech on navy strength and domestic reform at Ellsworth
In a Maine speech the speaker urges a strong navy to deter external trouble and focuses on handling internal issues with patience and prudence. He warns against envy and calls for intelligent regulation of trusts while preserving national prosperity and law enforcement.
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Mpolie Fire Ins. Co
J. F. Wild & CO
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Armastrome &Co Surgical Instrument Makers
Meridian St
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Peril
THE
Danc *Rous
German Steel Trust
Atlantic
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Leonard McGrunder
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China
Henry Marmaduke
Merrimac
Alabama
Seattle
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Eastern Maine Fair Association
Senator Hale
Paine’s
Senate Committee On
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Cook