08 Aug 1907
Page 1
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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Aug 08, 1907
Page
1
Market collapse drags equities lower as major holders abandon losses and countless weak accounts are washed out. Analysts cite anti-corporation sentiment and bearish signals as the primary drivers behind the steep drop from Tuesday’s close, with heavy selling pressure across sectors.
The day saw a violent stock market break led by Standard Oil and allied interests. Prices fell across rails, copper, and sugar shares as big financiers pulled out, signaling broad pessimism about corporate prospects.
An overnight passenger train derailed between Pose and Thorn near Berlin. Eleven killed and ten injured as two engines overturned and three cars demolished. Among the dead are Prince Alexander Begotoff and two sons of Count Key Retlingk of Mitau, plus a Russian captain. Russians Poles and Germans were among the victims. Rescue witnesses describe overturned cars catching fire and scenes of chaos.
Attorney General Bonaparte will focus on pending trust cases and the Harriman railroad investigations. The Department of Justice plans to pursue two paths, including a Northern Securities style action and a broader review of Hartman stock maneuvers tied to Union Pacific and related railroad consolidations. The effort aims to illuminate bond and security movements within the rail system and seek court scrutiny of these transactions.
Special to The Washington foes Rushville Ind as a crowd of 15000 gathered for homecoming day. Joseph Cannon addressed the audience railing against socialism while Ed McCoy, once Norman Selby, was revealed in a welcome scene. A general love feast followed with Eld men taking a prominent stance beside Cannon onstage.
An attorney and expert accountant Thamas Chapman aged, shot and mortally wounded Barbara Hayward of Sacramento before blowing out his own brains. Chapman had married the Sacramento woman ten years earlier and had come from Detroit. details show a fatal domestic tragedy with both victims fatally hurt in an apparent murder suicide in Los Angeles on August 7.
On the eve of the Democratic State Convention in Baltimore city Henry Williams trails Austin Crothers by party rivals. Eastern Shore shifts momentum to Crothers. Williams loses key county supports while Crothers gains Southern Maryland backing and leads in early polls. Baker of Frederick appears out of race with only two counties backing him as badges for Baker flood convention centers.
Hundreds of Baker supporters gathered in Frederick County with former State Senator Newman leading the delegation. The group includes George William Smith, the Old Roman of the Baker contingent, aged over seventy, who will introduce the nomination when Br Baker’s name is presented tomorrow before the convention.
James Jobin of Jersey City aged twenty one Harriet Slinkard of Brooklyn aged sixteen and Helen Bloomer of Brooklyn aged seventeen swam at the Hunt House lakeside. A girl screamed as they clung to a craft near shore and all three disappeared as water reached their waists. Bodies were recovered despite efforts of onlookers.
Four killed when a Pennsylvania special train struck a wagon carrying Laurette Grace Donnie McDonald Hansak Murphy and Thomas Bawards near Asbury Park at Norwood Hotel. Coachman Edwards failed to clear the crossing as the bankers’ party waited to board. The NY reporters note the accident stemmed from Edwards’s haste and the bankers continued to Asbury Park on schedule.
Armur W Evans of Corning a member of the Brotherhood of Railway Trainmen says freight trains on the New York Central division and some Blo Railroad passenger trains lack sufficient trainmen. He alleges the company removed at least one man from freight crews and that remaining crews have only one brakeman and one tiny sean, per a complaint to the public utilities commission in Albany.
A bright meteor shower was sighted at 416 this morning near El Paso Texas. The object moved slowly from the southwest and disappeared in the northeast by 6 o clock. It resembled a football sized comet with a tall greenish yellow tail about fifty feet long, while showers of meteors fell continuously.
George Wallace Delamater, former Pennsylvania state senator and 1890 gubernatorial nominee backed by Quay, died by suicide in Meadville after a bitter primary loss to Pattison. The report outlines Delamater's career, party strife, and the financial toll of his campaign, plus his later moves to Seattle and return to Pittsburgh.
Alfred Curry and Miss White Silas Louis Fennimore admitted before U S Commissioner Adler that they were the indicted robbers in the District of Columbia and will be taken before Federal Judge Thompson to obtain an order of removal to Washington. They were arrested three months ago in a Mount Sterling robbery of John Davis, a wholesale dealer, and charged with a similar crime against Legal Desmond, involving a $70 robbery.
Omaha Nebr August 7 Patrick Swift fireman on the Jarrett and Palmer theatrical special train in the 1876 cross country record race dies here. The famous run set the fastest west to east link between New York and San Francisco, a mark long held and later surpassed only by a rival service. Memorial tickets available at city offices and station.
The Democratic State executive committee will meet in Jackson to canvass the returns and declare the result of the January election for U S Senator. Williams and Vardaman claim victory as others anticipate a recount and possible challenges.
Charles A Keene, diamond broker, announces he brought the Empress Catherine brooch from Amsterdam for sale in the United States. The 14 carat oval gem, once part of the Russian imperial jewels, is valued at 500 and will aid the Russian liberation organization. The piece was stored by a Russian titled lady in Amsterdam and was reportedly worn by Catherine the Great.
On sale daily to Jarpey neashore resorts Adirondack Mountains Northen Man York New England Canadien Provinces Nova Scotia Allegheny Mountain resorts BoA rale Sie ane ee contemplating a rail or water tour for Pressure or recreation consult agenta at Ets Suatee ns Gh ES SME a will be helpful to you and seek guidance from agents.
Special to The Washington Fore reports former secretary John BD Long, en route from Benton to Buckfield, Me, suffered a sudden relapse after being declared rapidly improving. Drs Gilbert McBlott and Alfred Mhel summoned. two-hour conference led to announcement that Long’s condition remained immediately dangerous though not as favorable as earlier. Long, a devoted nurse, continues on duty.
A fatal collision near Berryville Clarke County leaves Miss May Bushnell dead after being thrown from a car that struck a telegraph pole. Arrests follow as two men face charges for road obstruction. In Milwaukee a two-car race ends in a wreck, killing two occupants and injuring others, while a Brooklyn factory couple survives a steep embankment crash with injuries.
Aug 7 Marion Alabama reports claim Perry County grand jury indicting Southern Railway for unlicensed operation. Governor Comer and Mobile and Ohio officials pledge enforcement while federal versus state jurisdiction sparks alarm. Local towns fear impact on traffic and commerce as court actions unfold.
The companion of Swift Tarbell died after a collision between Mr Tarbell's automobile and a Thint avenue surface car last Sunday afternoon. Physicians had held little hope for recovery. Swift Tarbell of Barpers Kerr Halstows Charlie town Summit Point and Winchester returned to Baltimore and Ohio Station Washington.
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