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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Dec 08, 1911
Page
9
A historical article discusses Gary Bares U.S. Steel and asserts it was not overcapitalized while noting promoters profited. It mentions J P Morgan backing the corporation and argues for federal control to curb alleged monopolies. The piece references economic theory and proposed reforms to protect competition and public welfare.
Fragmented OCR summary notes a public policy clash over monopolies and trade regulation. References to Senator Eomy Popat, Morgan, and a proposed Street Commission outline efforts to curb merchant dominance and promote competition. The piece hints at legislative steps and industry reactions shaping a national plan.
Congress deliberated on foreign relations, military affairs, and railroad clerks with statements from Senators Bratlow and Hickock. Judge Gary of U S Steel testified on corporation overcapitalization and proposed federal limits on profits to curb monopolies, while Newlands pressed legislative programs and Niagara Reservation preservation was urged.
New York report says Rev Frederick T Gates and acting on behalf of John D Rockefeller will reply to the Stanley committee invitation regarding the United States Steel investigation. A letter from C Wetmore to Jehu D Rockefeller is made public, with Merritts linked to Mesaba ore properties and related railroad plans. Wetmore and Merritts’ associations are detailed amid testimony. The Mauretania, which went aground near Dingte, floated again, with no injuries reported.
Chairman Johnson of the House District committee says four bills on the calendar may be taken up Monday with four measures already favored by the committee. The money lending bill imposes a 600 dollar license tax and caps interest at two percent per month while also reviewing police and high school plans. The committee stresses investigations into District business methods and the purchasing office as key concerns.
Notices of contests in eight congressional districts were read and sent to the elections committee. Candidates include Missouri challengers Maurier against Bartholdt in the Tenth, Gill against Catlin in the Eleventh, Kinney against Dyer in the Twelfth, Hawkins and McCreary contest in Pennsylvania, McLean against Bowman in the Seventh, Jodoin against Higgins in Connecticut Third, D Murphy against Haugen in Iowa, and Wiley against Hughes in West Virginia Fifth.
A tentative bill to abolish current liability laws for railroad workers and replace them with fixed compensation was approved by the Federal Employers Liability and Workmen’s Compensation Commission. Hearings begin Thursday. The plan provides medical and surgical aid up to 60 for injuries and disability beyond fourteen days. Permanent and temporary disability benefits are defined, including wage replacements and other payments.
Eight colleagues in the House yesterday adopted a resolution endorsing Oscar Underwood as a candidate for the Democratic nomination for President. The action does not change the floor leader’s stance, as he says he will not seek the presidency. Representative Hobson, who had backed Guv Wilson of New Jersey in Alabama, signed the resolution.
A crowded government roster appears with names of Secretary of War Stimson Navy Secretary Knox and others. Included are lawmakers Sen Cullem Smith Owen Thornt on and Rep Caldwell New York McCall Anthony Boote Kahls Patterson Taylor McGilire Stevens and Humphrey plus officials Dennett and others.
Leaders gather for the Republican national committee meeting on December 12 seeking a formal campaign organization for Taft and exploring succession plans. Hughes insists on judicial duties and will not permit his name for the presidency. La Follette remains a rival option while Roosevelt has ruled himself out.
Mayor Gaynor and Commissioners Tomkins and R A C Smith renewed to Secretary Stimson then to President Taft New York’s appeal to extend steamship piers into the North River to serve the Atlantic Miner freightship while army engineers oppose it They also pressed for a government Panama terminal and discussed abandonment of the New York navy yard The city would have opportunity to buy the yard but at about 6 000 000 a price and local leaders doubt the purchase will occur soon Major Gaynor asked Nagel to relocate the lighthouse depot from Tompkinsville to enable a large dock improvement plan
Rear Admiral Reginald F Nicholson ichler of the bureau of navigation met President Tutt at the White House to discuss the Navy Department upheaval. Secretary Meyer allegedly pressed Nicholson into sea duty triggering congressional protests led by Representatives Loss Weeks and Dalziel to President Taft yesterday.
Genge a Chicago motorman indicted for perjury in the Browne Lorimer bribery trial testified before the Lorimer committee. He recounted alleged plans by Charles A White to extort money from Lorimer and Browne. Gloss said Frank Seems and White planned a story to suppress Lorimer. Seems warned White would pay $100000 but settle for $7000. Wright, president of the Illinois Federation of Labor, allegedly promised to take White to a newspaper. Gloss said he feared trouble for not speaking sooner. Also notes death of former Congressman Henry Smith of Michigan at 8. Born in New York State, he served in the Fifty sixth and Fifty seventh Congresses.
Weather conditions show clear skies in California and Nevada while most regions experience similar patterns to Wednesday. Unsettled weather with rain or snow in southern districts and northern valleys, with temperatures generally mild in the Pacific Northwest and midwest, and scattered showers along the Atlantic seaboard by Friday.
A Denver Advocate advice column warns against face powders clogging pores and causing blackheads and pimples. It describes a simple lotion made from glycerin dissolved in hot water with spurmax or witch hazel, applied sparingly for velvety skin and a healthy, invisible finish.
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