Monetary Board Submits TS Report on National Reserve Association
The federal Monetary Board advances a plan to create a National Reserve Association with $100 million cash capital, as a cooperative union of banks. It would hold cash reserves, issue notes under regulation, and operate without general banking, aiming to stabilize credit and prevent crises like 1907.
MENTIONED IN THIS ARTICLE
Washington
National Monetary Commission
Congress
Nelson W. Aldrich
Edward B. Vreeland
Julius C. Burrows
Eugene Hale
Henry M. Teller
Hernando D. Money
Theodore FE. Burton
James P. Tellaferro
Boles Penrose
John W. Weeks
Robert W
Reserve Association
National Reserve Association
United States
National Reserve Association of the
Senator Lorimer and association earnings rules
The text notes Senator W. E. Lorimer and describes a national context. It states net earnings after dividend must not exceed 6 percent to shareholders and surplus accumulation not exceeding 20 percent of paid-in capital, with the remainder paid to the government.
MENTIONED IN THIS ARTICLE
United States
Roosevelt and Longworth Chop Trees Then Walk Seventeen Miles
Representative Nicholas Longworth spent Christmas at Oyster Bay with Colonel Roosevelt. They chopped trees, Roosevelt finishing five for Longworth, then walked four hours covering seventeen miles before a large dinner and a restful end to the holiday.
MENTIONED IN THIS ARTICLE
Washington, Jan
Nicholas Longworth
Roosevelt
Oyster Bay
Congress
Nicholas
Mr. Longworth
Laundry Strike Persists as Employers Prep Campaign
New York January 8. Employers' association members meet to resist all demands of striking laundry workers. State labor department efforts toward arbitration fail, worsening the stand off between organized labor and management.
MENTIONED IN THIS ARTICLE
New York
Employers’ Association
State Department of Labor
New Mexico Becomes Forty Seventh State
President Taft signs proclamation making New Mexico a state on January 8, ending its territorial status. Cardinal Farley travels home toward America aboard the steamer Berlin, enjoying calm seas en route from Fort De l Etat.
MENTIONED IN THIS ARTICLE
Washington
New Mexico
Taft
Cardinal Farley
Fort de L’fau
France
Berlin
America
Democrats in Session Name Banquet Speakers for Jackson Honor
The national Democratic committee in Washington plans the convention call and host city. Contenders for hosting honors include Chicago, St. Louis, Denver, Kansas City, Baltimore, and New York while a Raleigh hotel banquet honors Andrew Jackson with a slate of speakers led by Senator James A. OGorman and Norman Meek.
MENTIONED IN THIS ARTICLE
Washington
National Democratic Committee
St. Louis
Kansas City
Chicago
Denver
Baltimore
New York
Court to Cut Edward R. Thomas Income to 10000
An application will be made to the supreme court soon to restrict Edward R. Thomas’s income to 10000 a year. Thomas receives 160000 annually from his father’s estate and his liquidation trustees seek 150000 yearly to pay his debts, requiring ten years at that rate.
MENTIONED IN THIS ARTICLE
New York
Supreme Court
Edward R. Thomas
Thomas
Federal Biscuit Company Faces Bankruptcy Filing
An involuntary bankruptcy petition was filed in New York against the Federal Biscuit company with eight city branches. President Charles R. Boss signs admissions of insolvency, W. Wickersham named receiver. Assets are listed at 250000 dollars with 600 creditors shown. liabilities not stated.
MENTIONED IN THIS ARTICLE
New York
Federal Biscuit Company
Charles R. Boss
W. Wickersham
Wreck of Seaboard Air Line Train Near McKenney
Petersburg Va January 8 The Seaboard Air Line passenger train No 6 was wrecked at McKenney Engineer Bishop of Richmond a Black fireman and one passenger were probably fatally hurt Several other passengers seriously injured
MENTIONED IN THIS ARTICLE
Petersburg
Searboard Air Line
McKenney
Bishop
Richmond
Richeson Confesses to First Degree Murder in Hyannis Case
Boston January 8 Rev Clarence V T Richeson admitted guilt to the murder of his former sweetheart Avis Linnell of Hyannis. In a full confession dated January 3 he pleads guilty and seeks atonement while denying mercy seizing a chance to redeem himself. He is arraigned in Judge Sanderson's court and will face the electric chair.
MENTIONED IN THIS ARTICLE
Boston
Clarence V.T. Richeson
Avis Linnell
Hyannis
John L. Lee
William A Morse
Philip R. Dunbar
Clarence V. T. Richeson
Richeson
Linnell
Sanderson
Johnson's Backer Dead Dusk Bat Tie Passes in Scranton
Dusky Bat Tie, a prominent local Black sports figure who supported Jack Johnson in his early career, died in Scranton Pennsylvania on January 8. The obituary notes his influence and role in Johnson's rise in boxing.
MENTIONED IN THIS ARTICLE
Johnson
Scranton
Dusky Battie
Jack Johnson
Burns Released by Federal Judge in Kidnapping Case
Federal Judge A B Anderson issues a writ of habeas corpus freeing William J Burns from county custody on kidnapping charges related to J J McNamara. Burns plans to argue federal statutes protect his actions in removing McNamara to Los Angeles, with a January 11 return date. Spurgeon P Meadows cites out of town men as cause of the October 24 1909 dynamite explosions. Two more blanket indictments in the national dynamite conspiracy case add charges against several labor leaders and associates.
MENTIONED IN THIS ARTICLE
Indianapolis
A. B. Anderson
William J. Burns
County Criminal Court
J. J. McNamara
Burns
McNamara
Los Angeles
Spurgeon P. Meadows
International Brotherhood of Carpenters and Joiners
Federal Grand Jury
Olaf Tveitmoe
Anton Johannsen
E. @. Clancy
J. E. Munsey
Coins Three New Words
Chicago news notes Ella Plagg Young as a reformer superintendent of schools promoting new English usage. Pupils would confuse parents with pronouns like he’er his’er and him’er, which in old fashioned English stand for he or she his or her and him or her.
MENTIONED IN THIS ARTICLE
Chicago
Ella Plagg Young
Labori Refuses Legion of Honor Still Seeks Recognition
Fernand Labori, famed Dreyfus defender and Marguerite OKey’s husband, declines the Legion of Honor. He has long argued decorations should be for military and state officers only. In New York, William Kramer, ex-cross country champ, beat George Bonhag decisively in the Xavier A C indoor three mile, a scratch versus handicap race.
MENTIONED IN THIS ARTICLE
Paris
Fernand Labori
Dreyfus
Marguerite O'Key
M. Pachman
Legion of Honor
M. Labori
Bonhag
New York
William Kramer
George Bonhag
Xavier A. C
Dooin Signs 1912 Phillies Manager Contract
In Philadelphia on January 8, Horace Fogel and Charles Dooin met to ratify reconciliation. Dooin signed a two year contract to manage the Phillies for 1912 and 1913 at a high salary making him one of the top earners in the major leagues.
MENTIONED IN THIS ARTICLE
Dooin
Phillies
Philadelphia
Altoona
Horace Fogel
Charles Dooin
Red
Wiley wife forms marketing club inspecting foods
Mrs. Harvey W. Wiley, wife of the pure food expert, organizes a marketing club patterned after a Chicago group. Members will inspect foods for full weight, stay in touch with dealers, and buy wholesale for members, with Dr. Wiley approving the plan.
MENTIONED IN THIS ARTICLE
Harvey W. Wiley
Chicago
Wiley
Woman Kills Many In Boarding House Poisoning
Philadelphia dispatch reports Bridget Flanagan, 37, a boarding house keeper at 1223 North Twenty Fourth street, driven mad by her husband's abandonment, poisoned her boarders. Four died Catherine Murray 18 Annie Flanagan 10 Joseph Flanagan 1 1/2. a fifth died later and a sixth, Hannah Curran, lies dying in hospital. Other victims include Philip Curran 17 Marguerite Curran 18 Thomas Gallagher 14 and Dennis McFadden 29.
MENTIONED IN THIS ARTICLE
Philadelphia
Bridget Flanagan
North Twenty-fourth Street
Flanagan
Bridget
Murray
Catherine
Annie
Joseph
Hannah Curran
Women's Homeopathic Hospital
Philip Curran
Marguerite Curran
Thomas Gallagher
Dennis McFadden
Johnson to Fight Flynn for World Heavyweight Title
Chicago report states Jack Johnson and Jim Flynn will box to a finish in July for the world heavyweight championship. The bout is set for Windward Nevada, 111 miles from Salt Lake City. Johnson will receive 30000 dollars regardless of outcome plus 1100 dollars for training and traveling costs.
MENTIONED IN THIS ARTICLE
Chicago
Jack Johnson
Jim Flynn
Windward
Nev
Salt Lake City
Johnson
Foul murder shocks aging couple in Lower East Side
Police report a brutal murder in a two room Lower East Side tenement leaving Isaac Putterman aged eighty and his wife seventy two dead. Both elderly victims suffered deep eye injuries from a sharp instrument resembling an ice pick as investigators probe the scene for clues.
MENTIONED IN THIS ARTICLE
New York
Lower East Side
Isaac Putterman
Mother Rescues Children as Fire Rips ChicagoHome
A Chicago family is torn by fire traced to heating stoves. Two children Dez Jewell Bernaur and Mary Scafura die. one Burns foot. mother Mrs Henry rescues two children at Winthrop and West Lake avenues as the floor collapses. husband Henry carries her out.
MENTIONED IN THIS ARTICLE
Mrs. Henry Owen
Chicago
Jewell Beraur
Irs
Bernaur
West Lake Street
Mary Scafura
Charles Scafura
Forquer Avenue
Charles Jorgenson
Maurice Jorgenson
West North Avenue
Eugene J. Henry
West
Lehigh New Transportation Ecompany
Henry
Crictentenah Wother
Michett Bae
UN Memorial Hospital
Winthrop Avenue
Beret
Grace
Cair Timlin
Fire destroys block in Jackson Avenue causing large loss
A blaze in Jersey City on January 8 swept nearly a block along Jackson Avenue. Glanzer dry goods store burned and the fire spread to seven adjacent frame buildings. Firemen faced extreme difficulty battling the flames amid heavy snow. Over 100 families displaced and losses estimated at 150000 dollars.
MENTIONED IN THIS ARTICLE
Jersey City
N. J
Jackson Avenue
Glanzer Dry Goods
School Building Burned At Clear Lake
Fire destroyed the public school building in Clear Lake with records and equipment. Cause traced to thawing pipes. total loss listed at 75,000 dollars with 18,000 dollars insurance. Churches and halls will serve as temporary school spaces.
MENTIONED IN THIS ARTICLE
Mason City
Clear Lake
Chehoek
Speaker Clark to Attend Jackson Banquet Despite Cold
Washington January 8 Speaker Champ Clark remains improved from a bad cold once feared serious He will be able to leave his home and attend the Jackson banquet tonight marking a notable recovery and public appearance.
MENTIONED IN THIS ARTICLE
Champ Clark
Washington
Clark
Also Mentioned on This Page
In Monetary Board
Panagea For
Wall Street
W. E. Lorimer
William E. Lorimer
Illinois
Colonel Bests
Nick
Longworth
Andrew Jackson
Federal Corporation
Burns IS Released
Flynn
Gotham
MOROS
Mindanao
Jolo
United States Army
Sherman
Philippines
San Francisco
Jan