Indiana currency bill report outlines bank control and gold reserve plans
Washington report by Special to the Indianapolis Journal details Representative Fowler's lengthy bill analysis. It proposes shifting gold reserve duties to national banks, creating a three member board of control, and expanding bank powers to support international banking, currency stability, and a new American merchant marine. Details cover notes, gold redemption, reserve funds, and district clearing arrangements.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Washington
Fowler
Banking and Currency Committee
Indiana
Overstreet
H. H. Hanna
Monetary Commission
United States
Board of Control
Ens Spencers
Com
Government and banking reframe for stable global commerce
The excerpt envisions a future where government retreats into a natural role in commerce, banking adapts to trade, and currency panics vanish. It asserts existing credit contractions will pass and world markets will see stable, favorable exchange conditions as domestic and foreign trade expand beyond past vast sums.
Thompson Arrest Ties Macabees Funds Shortage
Charles D. Thompson former supreme finance keeper of the Knights of the Maccabees was arrested in Port Huron on a nine count complaint alleging embezzlement of 570,000 and other charges including insurance law violations. Bail set at 6000. examination scheduled March 18. Sheriff Mains filed the complaint. Maccabees officials not named in it.
MENTIONED IN THIS ARTICLE
Port Huron
Mich
Chas. D. Thompson
Supreme Finance
Supreme Tent
Knights of the Maccabees
Mains
Thompson
Maccabees
The
Sheriff Mains
Steamer Providence Capsized After Sudden Squall
The steamer Providence en route from Vicksburg to Lake Palmyra capsized at Zone Landing at 2 am, drowning twenty people. Capt. William Cassidy, chief engineer Charles Roup, cotton seed buyer Clyde Scott, Dr. N A Lancaster and six colored victims perished. nine survived as rescuers and a later recovery effort proceeds.
MENTIONED IN THIS ARTICLE
Vicksburg
Miss
Providence
Lake Palmyra
Zone Landing
William Cassidy
Charles Roup
Clyde Scott
N. A. Lancaster
Palmyra
George Lambert
Harrigan Gilber
Bettie Hunter
Joe Neal
Ike Lewis
Tom Scott
Whit Burns
Minnie Taylor
Joe Christian
Ben Richardson
J. B. Johnson
Walter Kaln
J. M. Wilkinson
Cassidy
Scott
Roup
Lancaster
Kaiser and President Cablegram Backed Hospitality Praise
Washington reports public cables from Wilhelmshaven and President Roosevelt praising Prince Henry’s visit. Emperor William thanks U S leaders for gracious reception and expresses hope for peaceful ties between Germany and the United States. Theodore Roosevelt also extends thanks for courtesy shown.
MENTIONED IN THIS ARTICLE
Wilhelmshaven
U.S. A
Washington
United States
Prince Henry
Bae Ge
Alice
William
Theodore Roosevelt
Mainmast for German Emperor’s Meteor Lif Stepped in New York
The mainmast of Meteor Lif, under construction for the German Emperor, was stepped today. The mast measures 6 feet long and 211% inches in diameter, extends 1 feet below deck, and is built from Oregon pine. Shortly after, the bowsprit was placed, measuring 59 feet long and 15 inches in diameter.
MENTIONED IN THIS ARTICLE
New York
Meteor Lif
Witness Missing Delays Stewart Fife Murder Trial
Savannah Mo March 12 Lydia Brinkman, a key State witness, was absent as the trial of Stewart Fife for Frank W Richardson’s murder resumed. E E Norris, who would testify to threats, is not yet found. Mrs Richardson attended, Caldwell testified Fife spoke of suicide before leaving for Washington. Prosecutor Charles F Booker fell ill. court adjourned until tomorrow.
MENTIONED IN THIS ARTICLE
Savannah
Lydia Brinkman
Stewart Fife
Frank W. Richardson
Fife
E. E. Norris
Richardson
Washington
Caldwell
Charles F. Booker
Harmony Aims at Cuban Reciprocity Compromise
Washington March 12 After a fortnight of bitter fighting the Republican House factions move toward unity on a Cuban reciprocity plan. A 20 percent sugar reduction is proposed, limited to two crops, with beet growers pushing for one crop. A conference of beet-sugar supporters and Ways and Means members is set, while Senate leaders may adjust the final figure.
MENTIONED IN THIS ARTICLE
Indianapolis Journal
Washington
Henderson
House
Senate
Friends of the Ways and Means
Cuba
Brussels
Tawney
Overtures Made for Compromise on Cuba Tariff
Washington March 12 Overtones of a compromise emerged in the tariff dispute with Cuba as Payne and Dalzell proposed a one year 2 percent reciprocal reduction covering the sugar crop starting next December. Opponents debated timing and scope, with Smith insisting on a deliberate meeting before any deal and Tawney noting that any concession affecting agricultural products must pair with unmanufactured goods. Leaders of the opposing element responded as talks opened.
MENTIONED IN THIS ARTICLE
Washington
Cuba
Payne
Dalzell
Messrs. Payne
William Alden Smith
Tawney
Ways and Means Committee
Wicked as the Bend ers Lured Men to House and Murdered
Mattie Bennett confessed leading a gang of negro women and White men who lured men to a house drugged, beat, robbed, and dumped bodies in a river. Fear grows that more than a dozen victims are dead with five bodies found this year. arrests include Punch Prim and Mary Jane as investigators expect further confessions.
MENTIONED IN THIS ARTICLE
Beaumont
Tex
Mattie Bennett
Lindley
Bennett
Benjamin Pearson
Punch Prim
Mary Jane
Pearson
Steamer Sardegna reports Westernland disabled east of Sandy Hook
The Sardegna, arriving from Genoa and Naples, says the Red Star Line steamer Westernland bound for Liverpool broke a low pressure crank piece at 11 45 AM on March 11 and would proceed slowly to New York, about four hundred miles east of Sandy Hook. The Oscar II began its maiden voyage to New York with the Danish royal family aboard.
MENTIONED IN THIS ARTICLE
New York
Sardegna
Genoa
Naples
Red Star Line
Westernland
Philadelphia
Liverpool
Sandy Hook
Copenhagen
United Steamship Company
Royal Family of
Denmark
Hein
Passengers From Waesland Head to Philadelphia by Noordland
Most of the passengers of the Waesland, sunk March 5 in a collision with the Harmonides off Holyhead, sailed for Philadelphia today on the Noordland of the Red Star line.
MENTIONED IN THIS ARTICLE
Liverpool
Red Star Line
Waesland
Harmonides
Holyhead
Philadelphia
Noordland
Judge Barkers Opinion in Logansport Street Rail Case
Judge Barker delivers a far reaching ruling in the Logansport Street Railway Company versus the City of Logansport. The decision addresses municipal streetcar rights, expropriation issues, and the scope of legislative authority affecting public transport.
MENTIONED IN THIS ARTICLE
Logansport Street RailwAy CompAny
City of
Logansport
Judicial ruling limits perpetual street railway rights in Logansport
Judge John H. Baker’s opinion in Logansport Railway Co. vs city and others declares no express grant of perpetual or exclusive street use exists in 1861 and 1894 acts. The decision states cities hold only a trust easement for public use and may repeal franchises on streets not already constructed.
MENTIONED IN THIS ARTICLE
John H. Baker
United States Circuit Court
Logansport
United States
Indianapolis
Taylor
Baker
Street-Railway Company
Common Council
Detroit
City streets grant to railway firm challenged in court
The 1882 and 1891 ordinances purported to grant perpetual exclusive rights to use and occupy certain streets and bridges to a street railway company. The repeal seeks to remove all but designated streets, claiming the offer required acceptance in good faith by open action. The court notes the surrender of city streets in perpetuity was ultra vires. CONTINUED ON PAGE 2% COL. 2.
MENTIONED IN THIS ARTICLE
Street-Railway Company
Common Council
Rail pool to dissolve as rosters set for April first
The Trunk Line Association of major railroads plans to end the so called money pool after April 1 securing a cut in coordinated freight dealings. Members include New York Central and Hudson River Pennsylvania Erie Baltimore and Ohio West Shore Delaware Lackawanna and Western Lehigh New York Ontario and Western and Central Railroad of New Jersey. Roiled by President Roosevelt’s implied prosecutions against pooling the move follows western pool abandonments and marks a major shift in eastern freight traffic and rate sharing.
MENTIONED IN THIS ARTICLE
New York
Herald
Trunk Line Association
United States
New York Central
Hudson River
Pennsylvania
Erie
Baltimore & Ohio
West Shore
Delaware, Lackawanna & Western
Lehigh
New York, Ontario & Western
Central Railroad of
New Jersey
Roosevelt
Newman
Storm Havoc In The South Strike Texas
A severe rain and wind storm across Texas caused widespread damage. Four-fifths of the state flooded with rain. in Houston twenty small houses wrecked causing about 15000 dollars in losses. Several deaths reported including Emanuel White and Ed King from lightning and collapsed structures. Numerous homes, churches, and businesses damaged or destroyed across Rosenberg Tyler Midlothian New Boston and Bertram with trees and poles toppled.
MENTIONED IN THIS ARTICLE
Houston
Tex
Texas
Emanuel White
Rosenberg
Baptist Church
Tyler
William Russell
Bertram
Dr. Ham
Dr. Davis
Windstorm near Brookhaven causes injuries and wrecks
A windstorm near Brookhaven Mississippi at 6 am unroofed the residence of William Melville injuring Mrs Melville and badly injuring a negro cook. Four miles north at Montgomery a negro woman was killed by a falling tree and a railroad laborer had his leg broken.
MENTIONED IN THIS ARTICLE
Brookhaven
Miss
Here
William Melville
Cyclone Hits Copiah and Lincoln Counties Killing Seven
A cyclone swept through southern Copiah and northern Lincoln counties this morning killing at least seven people. Montgomery village in Copiah, along the Illinois Central Railroad, suffered the worst damage as buildings and trees were leveled. Names of the dead were not yet learned.
MENTIONED IN THIS ARTICLE
Vicksburg
Miss
Coplah
Lincoln Counties
Montgomery
Rebels Capture Chiriqui and Liberals Lose Leaders
Captured by rebels reports from Colón say Liberal forces seized Chiriqui, a key cattle region supplying the isthmus. In Panama City, Gen. Jose Antonio Ramiroz, killed during Agua le Feb attack, is mourned by Liberals while Castro’s retreat defeated 34 revolutionaries led by General Lorenzo at Agua Dulce.
MENTIONED IN THIS ARTICLE
Colon
Colombia
Chiriqui
Patiagena
Panama
Agua le
Jose Antonio Ramiroz
Castro
Agua Dulce
Lorenzo
Hay and Root Sail on President's Yacht Sylph for Rest
Secretary Hay and Secretary Root departed on the President's naval yacht Sylph for a few days of rest. The voyage includes Chesapeake Bay waters and likely a stop at Fort Monroe, with a return anticipated by Monday.
MENTIONED IN THIS ARTICLE
Washington
Hay
Root
Sylph
Chesapeake Bay
Fort Monroe
Admiral Rothas sails to China station from Manila
Manila report states Rear Admiral Frederick Rothas departed for the China station aboard the New York while Rear Admiral and Wildes remained with the flagship Kentucky at Manila. The move shifts naval focus as tensions in the region continue.
MENTIONED IN THIS ARTICLE
Manila
Frederick Rothas
China
Iran
New York
and Wildes
Kentucky
To End The Strike Conference Set In Boston
Boston faces a strike spread as 20 000 idle workers threaten 80 000 with sympathy votes. A conference of business leaders and civic bodies, urged by Governor Crane, aims to settle disruptions crippling docks, freight, coal and fish movements while railroads warn of legal duties as unions press for arbitration.
MENTIONED IN THIS ARTICLE
Boston
Building Trades Council
Boston Central Labor Union
Crane
Boston Chamber of Commerce
Boston Associated Board of Trade
Boston Merchants’ Association
State Board of Arbitration
Produce Exchange
Coal Exchange
Easley
Civic Federation
Allied Transportation Council
Collins
A Luttlé
Hanna
New York, New Haven & Hartford
National Civic Federation
M. A. Hanna
Adams
National
Teamsters
United Tes Express Company
Heck
Armstrong Transfer Company
Central Labor Union
Woeing Trades Council
Also Mentioned on This Page
Banking Committee
Hugh H. Hanna
MR. Overstreet
C. D. Thompson
the Maccabees
Wilhelm
Theodore
William, I. R
Meteor
Ways and Means
Wicked AS the
Benders
Westernland Broken
Mississippi
Rodgers
Arbitration Committee
New Haven, Conn
the Register Today
Hall
New York, New Haven & Hartford R. R. Company
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