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This newspaper page contains 13 articles. Subscribers can read the full text of each article.
Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jan 07, 1908
Page
27
An annual report declares the Interstate Commerce Commission is balked in its effort to obtain facts for Congress. It warns that holding companies could be blocked if rates are unreasonable and anti-pass provisions are undermined.
The Interstate Commerce Commission report laments transportation facility inadequacy and warns of its effect on land productivity. It argues railroads should not broadly invest in other railway and steamship securities and calls for strict limits on securities issuance. It urges narrowing the anti pass provision and favors an authoritative valuation of railway property.
The Interstate Commerce Commission annual report to Congress urges amendments to strengthen holding company regulation. It details investigations into railway ownership and legal independence, warns against concentrated control, and notes the effort to separate true public utility functions from earnings driven by other issues. The report calls for restraints on railways investing in parallel lines and non-transport assets, and stresses enforcement to align rail carriers with public policy and the enacted law.
North and South textile industry booms as new mills expand in Carolinas and Virginia. Arragon Cotton Mills Rock Hill plans doubling with 10 240 spindles 2 looms, Rosemary Manufacturing Roanoke Rapids adds weave shed and two-story extension, first equipment 5 000 spindles and two looms. Gaston Manufacturing Cherryville to invest about 80 000 with 5 000 spindles. Longhurst Cotton Mill Roxboro to install 40 000 spindles, 250 000 cost, operations to begin January. Hla Manufacturing Shelby adds 6 000 spindles 126 looms for fine sheetings, 25 000 cost. Rexboro Cotton Mills progress. Plus Siegel Cooper & Co lease renewed 600 000 improvements. prompts delaying 3 000 000 building plan.
Paris reports strong confidence in U S prosperity from French economists and officials. M Rop vier and M Cailleux predict rapid rebound after the panic, citing Roosevelt reforms and Panama Canal as key catalysts. They warn against panics but foresee renewed growth as banks standardize returns and trust is restored.
Thousands of workers returned to plants across Ohio and nearby states as factories resumed operations after weeks of shutdown. In Cleveland about ten thousand men went back to work and conditions were projected to be near normal by February. Other cities like Youngstown Pittsburgh Newcastle Amsterdam Woonsocket Bristol Northampton and Detroit also reported large reopenings bringing thousands more to the payrolls as plants planned increased output next week.
The commission reports marked improvements in transportation conditions under the amended law. It urges a formal depreciation and balance sheet for railway property to protect investors and the public, advocates strict anti pass construction, and calls for a nationwide standard tariff system to curb discriminatory practices. It also outlines the new prosecutions department and the need for orderly rate regulation and a formal valuation of railroad property.
Secretary Taft reports pay inadequacy drives recruiting failures. He urges raising enlisted pay and officers’ pay, a general service corps, and promotions to keep the best men. He notes current strength below authorized levels and calls for reforms to attract and retain personnel. He also highlights Philippines and Cuba conditions and recommends improvements at Baguio Fort and Mindanao rail links.
Postmaster General Meyer issues an order restricting star-route carriers in North Carolina South Carolina Florida Georgia Alabama Mississippi Tennessee and Kentucky from transporting liquor while performing mail duties. Proposals open Wednesday for star-route service with liquor prohibition written into contracts. The move aims to curb illicit liquor movement amid broad support and many complaints to the department.
The forthcoming reciprocity treaty between France and the United States is expected for signature soon. It keeps the current list of American products under French minimum duty but adds a joint commission to study customs administration and pave the way for reviving the American meat trade. A second item notes a Week of Prayer at New York Avenue Presbyterian Church with daily services at 4:30 PM.
An advertisement urges readers to use Dr Kilmer's Swamp Root for kidney liver and bladder issues. It touts health benefits claims notes Bright's disease risk and offers sample bottles and a book by mail from Binghamton New York printed in The Washington Daily Post.
SARGEANT PRENTISS KNUT argues that the Republican call for the national convention conflicts with Mississippi law and last convention rules. They warn delegates may be unseated in Chicago if state conventions override rules, and criticize electors as the legitimate participants, noting Mississippi's racial voting barriers.
Charley L Magee, secretary of the Red Cross, sent Congress the society’s annual report. It shows total San Francisco relief expenditures of 6,882,484 dollars with 183,375 for rehabilitation, 1,659.94 for housing, 1,381,750 for food relief, 402,207 for hospital and charitable institutions, and 24,164 for sanitation. Funds remaining for reef work total 846,557 dollars, with an estimated additional 750,000 needed to close the relief effort.
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