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Newspaper
Topeka State Journal
Location
Topeka, Kansas, United States of America
Date
May 23, 1895
Page
5
Kansas bankers at Library Hall discuss silver coinage proposals and the financial system. Notable speakers include ex-Bank Commissioner Breidanthal and Edward Wilder who champion bond backed currency and new circulation while warning against risky corporate financing and municipal bonds.
Gleed outlines key points on the Santa Fe reorganization, clarifying objectives and procedural steps. The explanation emphasizes the plan’s goals, timelines, and potential implications for stakeholders involved with the company’s restructuring.
Charles S. Gleed, director of the Atchison Topeka and Santa Fe Railway, defends the 1898 collapse as caused by untenable competition and traffic drops amid rapid line expansion. He notes rivals grew from 4,000 to about 91,000 miles in 25 years and argues reorganization offers a better path, with stockholders and bondholders sharing new capital and debt, under a plan unlikely to place the system in receivership again.
Mrs W H Bannister of Topeka testifies to Prof Samuels's extraordinary healing power. She recounts years of eye and head pain eased after consulting Samuels, praising his methods and urging others to seek relief at Hotel Throop between 9 and 4 pm.
Snediker argues taxation harms landowners who don’t use land calling for tax reform to favor farmers and miners. He urges taxing only unused land and exempting improvements, contending current policy blocks migration and economic growth. The May Carnival at the Grand features twenty young ladies and many children with 80 and 0y cent admission.
Debs of the American Railway Union has gone to St Paul to confer with Great Northern President Hill about reinstating the men discharged at St Cloud for union activity. The arbitration award had barred dismissals for union membership, but Superintendent Rice says he received a discharge order from General Superintendent McKenna, deeming the men labor agitators, a move Rice called disagreeable despite their long service and clean work record.
D. B. Robinson and W. F. White of the Santa Fe system arrived in Albuquerque for consultations with the irrigation congress committee and fair evacuation planners. Robinson traveled from Texas to lend support to the territorial development and southwest growth efforts ahead of the fall meeting.
Information from Las Vegas headquarters indicates private parties are making switch keys at Trinidad Colorado. The Santa Fe line plans a fast train from St Louis to Fort Worth, leaving St Louis at 8 30 pm and reaching Fort Worth about 6 pm the next day, covering 670 miles in roughly twenty two and a half hours. Secretary Kubbe of the Santa Fe joint executive reorganization committee notes deposits of 4 percent.
Bond figures show about 45 million dollars in bonds with the committee, while railway postal clerks press to fix and raise salaries by law. A. McBride, a brakeman, was killed on train No 463 near Andale. he leaves a wife and was aged. Various Kansas and Missouri railroad officers travel for meetings and duties. Keeley treatment praised by Dr Bailey with many cured patients. May Carnival ads and concert notes close the page.
Disorderly Topeka street scene on Tyler north to Redmondville dubbed Bully Row by locals and police. Officers Gainés and Owena raided Patsy Cherry’s dive near midnight finding a wild party with Patsy Cherry Mary Brown Ernest May and Logan Justice taken into court with cases continued. May Carnival at Grand Opera House tomorrow Friday May 24 noted along with whale bone fragment from Long Island home mentioned by City Engineer Barnes.
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