14 Jan 1896
Page 1
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Newspaper
Vienna Progress
Location
Vienna, Georgia, United States of America
Date
Jan 14, 1896
Page
1
A survey of items shows tales of juvenile discipline with Syracuse truants sent to a strict school, five to ten day confinements and staged reentry into regular classes. The Panama Canal project expands with 1800 workers and potential 6000, while Paris debates a 1900 expo and American church outreach uses mobile rails to reach towns lacking churches.
A Georgia roundup notes Brunswick infested with tramps, a Mitchell county farmer selling out for Venezuela, and charter talks for West Point state bank. Valdosta houses shade tree projects, Waycross plans a $15,000 hospital, and Harmony Grove church expands to a $10,000 building. Plans for a Lucy Gobbe Institute annex, Georgia Alabama railroad shifts toward Savannah, and a new Whittier cotton mill near the Chattahoochee creating hundreds of jobs are outlined alongside campus farming upgrades at the Athens State College of Agriculture and Mechanical Arts.
The Georgia Normal and Industrial College trustees met in Milledgeville to plan a new dormitory costing about 25000 dollars. The 200-student building will be on the east side of the campus, with the old dormitory insufficient for applicants. Architects Bruce and Morgan were chosen, and thanks were given to J A Fischer of California for a donated exhibit.
Governor McKinley in his Ohio general assembly message warns revenues fall short of expenses and calls for new taxation objects. He urges no boost to indebtedness, support for the state university, fewer printed reports, and biennial sessions. He stresses funding for the militia and condemns lynching. The bulk reviews state institution work.
A meeting of prominent baseball men in Macon Georgia launched an interstate six club league including Charleston Savannah Augusta Atlanta Columbus and Macon Enthusiasm ran high and funds were ready to guarantee a firm start The plan calls for a one thousand dollar salary limit and a businesslike operation Also mention notes from Westminster Gazette about Queen Victoria and German Emperor relations.
Capitol notes outline Republican caucus on Senate reorganization after Utah arrivals. Nominations sent to the Senate include Postmaster Brown and others. The pension bill totals 141 million. Wright, a famed Washington correspondent, dies. Senate confirms several officials from land, customs, and revenue posts. Cuban recognition debate stirs House foreign affairs, while Turkish tensions and Turkish naval moves loom. Campos reports Cuban forces advancing as insurgents extend west with limited engagements.
Utah becomes the forty fifth state with a grand inaugural day in Salt Lake City. Cannon booms and a large parade mark the ceremony as Acting Governor Richardson presides and Chief Justice Zane administers the oath to Governor Huber M. Wells. Willford Woodruff leads prayer and the legislature organizes for the new era.
The stock market in New York fell 1 to 4 points across securities after Secretary Osrhule’s bond call sparked panic. Investors had trusted Morgan as likely to secure the bond plums, but President Cleveland’s move to appeal to the people unsettled Wall Street, prompting rapid selling and fears of a national downturn.
A sweeping silver coinage bill backed by the senate silver faction would coin silver at 16 to 1, retire small denomination banknotes, and replace them with silver certificates while choosing gold or silver redemptions for notes. Critics call midnight action a sham suiting bankers and warn of long term hardship for the people.
A 1896 letter from President to Senator Cafferey disputes reports of bond disposal to a syndicate and outlines government aims to fund the gold reserve. It notes no arrangement for selling bonds to any syndicate and describes treasury efforts to offer bonds via popular subscription if favorable. A related Cotton Growers meeting and a tragic hotel fire are also referenced in this era news roundup.
The article argues that the 1893 financial upheaval stemmed from higher gold values since 1883 and the demonetization of silver, which contracted currency. It cites the Atlanta Constitution as the source describing increased gold value relative to silver and other commodities.
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