Prosperity and policy clash at bankers convention
At the twenty ninth annual American Bankers Association gathering in San Francisco delegates filled the California Theatre as President Caldwell Hardy opened the session. He warned of inflated securities and rampant speculation and urged prudent deposits, while discussing central banking, railroad capital, and the need for responsible publicity. Local leaders Governor Pardee and Mayor Schmitz welcomed the group as officials presented reports on costs, proposed dues increases, and banking reforms.
MENTIONED IN THIS ARTICLE
San Francisco
American Bankers' Association
California
Caldwell Hardy
Hardy
Java
Roada
Renee Tas
Sete Cwauld
Muched
Eadtermont
Golden Gate
William Ford Nichols
Episcopal Church Diocese of
Eugene E. Schmitz
Pardee
James D. Phelan
Branch
George F. Orde
E. F. Swinney
Executive Council
Protection Committee
Ship Wreck Off French Frigate Shoals Leaves Men Missing
Honolulu October 21 A French bark the Constable de Richemont was wrecked on the French Frigate Shoals and sixteen crewmen are missing. Captain Raubt and several crew reached Kauai in a small boat after abandoning ship when it struck at 4 a.m. October 10 in calm seas. Three survivors give details of the loss and the missing groups.
MENTIONED IN THIS ARTICLE
Honolulu
Constable de Richemont
Raubt
Cook
Kauai
Raut
Kevon
Guards Attacked by Regulars at Fort Riley Maneuvers
Fort Riley Kansas October 21 five separate exercises formed the day maneuvers. Each event had a National Guard regiment march from camp form an outpost and be attacked by regular detachments. Guards were aided by artillery while attackers had none. Umpires supervised and aided the National Guard by advising on ground and attacks.
MENTIONED IN THIS ARTICLE
Fort Riley
Kan
National Guard
New Battleship Missouri Sails For Official Trial Trip
Boston October 21 The battleship Missouri left harbor for her government supervised trial from Cape Ann to Bonn Island off the Maine coast. Officials record average speeds near 18 knots for four hours, with early legs at 16.4 and 18.59 knots and shore observers noting overall average around 18.2 knots. Captain C J Train heads the government board supervising the trial.
MENTIONED IN THIS ARTICLE
Boston
Missouri
Cape Aan
Bonn Island
Maine
C. J. Train
Naval
J. J. Woodward
L. ©. Logan
Alfred Bruce Canaga
Walter C. Cowles
Eéen
Atake
New York Evening Post to Publish Daily Banking Edition
San Francisco reports the New York Evening Post will issue a daily banking edition during the bankers' convention. The first issue will carry Wall Street and financial news and will be devoted entirely to financial matters.
MENTIONED IN THIS ARTICLE
San Francisco
New York Evening Post
Wall Street
War Clouds Gather Over Armies In Far East
Reports circulate that Russia and Japan may have broken off negotiations but Britain’s foreign office says no confirmation. Multiple cities report naval preparations and possible crisis developments as Japan and Russia posture on Manchuria and Korean fronts.
MENTIONED IN THIS ARTICLE
Far East
London
Russia
Japan
Robbers hit Superior postoffice vault in stamp theft
In Superior Wisconsin on October 21 the postoffice vault was found emptied of about $15,500 in stamps and around $100 in silver. The burglary occurred without explosives, targeting the stamp supply while the postmaster’s private-office safe remained untouched. An electric pocket lamp was the sole clue.
MENTIONED IN THIS ARTICLE
Superior
Wis
Shipbuilding Trust Scandal Unfolds in New York Session
New York on October 21 a hearing opened with Charles Canda former president of Canda Manufacturing testifying about a plant at Carter New Jersey designed for car wheels and later used by the Shipbuilding company The option price 1 100 600 was paid with 200 000 in cash 200 000 in bonds 300 000 in preferred stock and 300 000 in common stock No commissions were paid the Canda company had 75 stockholders and earnings had not been shown The plant employed thirty to forty men with over one hundred machines made and the witness explained three cash checks covered the 200 000 cash payment.
MENTIONED IN THIS ARTICLE
New York
Louis Nixon
United States Shipbuilding Company
Charles Canda
Canda Manufacturing Company
Charles M. Schwab
Max Pani
Canda Company
James TB. Dill
Cabinet Resigns in Norway After Election Row
Christiania Oct 21 The cabinet led by Otto Blehy resigns after a parliamentary committee backs the opposition in a Nedensesslis district election dispute that shifted four seats. A conservative moderate liberal coalition will form. King Oscar has asked Prof Hagerup to draft the new cabinet. Sigurd Ibsen may head the Norwegian delegation in the Stockholm council of state.
MENTIONED IN THIS ARTICLE
Christiania
Otto Blehy
Nedensesslstrict
Oscar
Hagerup
Sigurd Ibsen
Henrik Ibsen
Council of State
Stockholm
Parkes Charged Case Witness Pleads Guilty
Bernard Lynch, a defense witness in the Sam Parke extortion trial, pleaded guilty to perjury and was remanded until Friday for sentencing. Parke, indicted for perjury, failed to appear before Judge Foster by noon. Assistant District Attorney Rand sought Parks’ production and directed detectives to locate him. Parks remains at liberty on $18,000 bail.
MENTIONED IN THIS ARTICLE
New York
Bernard Lynch
Sam Parke
Parke
Foster
Rand
McCloskey
Parks
Indians of the United States Mission Report Highlights Indian Wealth
The American Missionary Association heard Rev. Robert W. McLaughlin of Grand Rapids discuss Indians from the Gulf to the Canadian border. He argued the Indian population is small, wealth is vast in government vaults, and that the problem lies in administration and moral guidance, not policy. He urged the Christian church to aid the Indian beyond civil government efforts.
MENTIONED IN THIS ARTICLE
Cleveland
American Missionary Association
Robert W. McLaughlin
Grand Rapids
Gulf
Atlantic
Pacific
Milwaukee
New England
New York
New Jersey
Pennsylvania
United States
McVaughlin
Life raft from ill fated steamer missing near Port Oxford
Oct 21 Port Oxford reports the life raft carrying six South Port land survivors has not been seen amid thick fog. Rescue chances fade as fog prevents sighting shore. Captain McIntyre declines to comment on the loss of his ship.
MENTIONED IN THIS ARTICLE
Port Oxford
Ore
South Portland
McIntyre
Demobilization Orders Issued for 20,000 Troops
Constantinople reports orders to begin demobilizing 20,000 troops in Atoll in line with Russo Anatrian reform demands.
MENTIONED IN THIS ARTICLE
Constantinople
Atoll
Pope Ready to Compromise With Vatican Accord Sought
New York readers report Angelo Sarto and Angelo Parolin say Pope Pius X favors a modus vivendi to ease church state tensions. They say the Pontiff wants assurances of compensations from Italy before any move, aiming to end the long conflict while preserving papal temporal claims.
MENTIONED IN THIS ARTICLE
New York
Angelo Sarto
Angelo Parolin
Rome
New York Tribune
Pilla X
Papacy
Editor Samuel Moras Dies After Fall From Window
Indianapolis editor Samuel E. Moras fell from the third story window of his private office today and died within minutes. He faced health issues and recent financial worries as he left a widow and one daughter. Born December 15, 1852 in Fort Wayne, his career included editor roles at Fort Wayne Gazette and Fort Wayne Sentinel, cofounder of Kansas City Star, and diplomatic service as U.S. consul at Paris.
MENTIONED IN THIS ARTICLE
Indianapolis
Samuel E. Moras
Indianapolis Sentinel
Sentinel
Morss
Samuel E. Mores
Fort Wayne
Ind
Washington
Chicago Times
Indiana
Committee On
United States
Paris
Americans Are Coming Home From London Flight
Senators Lodge and Turner and Mrs Turner depart London for Liverpool to board the Cedric for New York. Lord Strathcona Secretary White John W Foster and other friends bid farewell at Euston. Joseph Pope and Alaska tribunal aide travel on the lane. Andrew Carnegie and Mrs Carnegie join Cedric at Queenstown.
MENTIONED IN THIS ARTICLE
London
Lodge
Turner
Sra
Liverpool
Cedric
New York
Lord Strathcona
White
United States
John W. Foster
Euston Station
Joseph Pope
Alaska
Joseph Pulitzert
Andrew Carnegie
Qurenatoun
Pittsburg Bank Closed Its Doors After Run
Pittsburg's Federal National Bank did not open as of morning due to closure by the comptroller. Receiver John B. Cunningham named to wind down affairs after a bank run spurred by stock declines and rumors. Deposits reportedly secure with a large cash cushion. officials pledged full repayment to depositors if possible.
MENTIONED IN THIS ARTICLE
Pittsburg
Federal National Bank
Auth
John B. Cunningham
Pittsburgh Stock Exchange
L. A. Langfitt
United States
Langfitt
Eastern Tube Company
Dayton
Federal National
Local Stock Exchange
Cunningham
Robert S. Smith
Union National Bank
Pittsburg Clearing House Association
J. A. Lanefitt
Washington
Federal National Bank of
France and world peace drive new arbitration plans
Paris official Baron D Estournelles de Constant says the Anglo French treaty is just the start. He cites four more accords with Italy Holland Sweden and Norway and predicts publication before President Lobet’s Rome visit. He seeks American support and plans to visit St Louis to rally Congressmen for a world arbitration movement.
MENTIONED IN THIS ARTICLE
New York
Baron D’estournelles de Constant
Paris
Italy
Holland
Sweden
Norway
Loubet
Rome
United States
Hague
Europe
America
St. Louis
Thief Identified as Former Parker Employee
After three months of detective work the thief who stole 11000 in jewels from Mrs Parker on August 1 is identified as Ben Gallagher a Parker family coachman. Most jewels are recovered except a blue diamond valued at 4500 believed sent to the Pacific coast to be sold. Police will not prosecute due to Gallagher's prior good conduct with the Parkers.
MENTIONED IN THIS ARTICLE
Honolulu
Parker
Ben Gallagher
Parkera
Stollen
Pacific Coast
Gallagher
The
Failure at Lockport BANK LOCKS DOORS WITH $40,000 DEPOSITS
Joliet reports a Lockport Exchange bank closed its doors today. The bank with $25,000 capital held deposits estimated near $40,000. Separately, Centralia notes the death of Major 5. P. Tuits, president of the Illinois Mexican Veterans association and Civil War veteran, at age unspecified.
MENTIONED IN THIS ARTICLE
Joliet
Exchange Bank
Lockport
Centralia
Ith
P. Tuits
The
Illinois
London papers on the award
London comment on the boundary decision deems it regrettable yet honorable. The St James Gazette supports Chief Justice Alverstone’s signing as proof of correctness and trusts the ruling was Justice in the case. It criticizes Canadian commissioners for their published explanation and lack of dignity in not signing the finding.
MENTIONED IN THIS ARTICLE
London
St. James Gazette
Alverstone
Pall Mall Gazette
Four Births Reported in Zanesville Woman’s Family
Zanesville Ohio October 21 Mrs William Tate a colored woman twenty three years old has given birth to four girl babies all normal size and weighing slightly more than one and a half pounds each The woman is the mother of three other children born singly.
MENTIONED IN THIS ARTICLE
Zanesville
Ohio
William Tate
Elx
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Lansdowne
Yokohama
Toga
J. Peteraburz
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Cansul
Ort
Reuters Agency
Tekiosaya
Chiokai
New Chiang
St. Petersburg
Times
Novkrai
Port Arthur
China
Manchuria
Novykrai
State Department
United States Senate
Pittsburg Bank
Stock Exchange
France
London Papers