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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
5
Annual report declares the Interstate Commerce Commission cannot obtain necessary facts for Congress. The board stands stymied in attempting to study rate levels of holding companies and mergers. It warns that ineffective inquiry could sustain unreasonable rates and undermine anti-pass provisions.
The Interstate Commerce Commission urges stricter oversight of railroad securities and infrastructure. It argues that transportation facilities are dangerously inadequate and that railroads should not broadly invest in other carriers. An authoritative railway property valuation is seen as the next essential government step.
The Interstate Commerce Commission will soon issue a public report to Congress on holding companies and railroad mergers. It details efforts to clarify rights and responsibilities, and notes the need to curb concentration and abuses in interlinked rail and shipping lines while strengthening enforcement of existing law.
North and South see prosperity returning as new mills begin operations in the Carolinas. Arragon Cotton Mills Rock Hill plans to double capacity with 10,240 spindles and 2% looms, led by A. Long. Rosemary Manufacturing Roanoke Rapids expands to 27,600 spindles and 700 looms with 150,000 dollars in new equipment. Gaston Manufacturing Cherryville adds 5,000 spindles and two looms for 403 to 50s yarns, employing about 100. Longhurst Cotton Mills Roxboro installs 40,000 spindles powered by electricity at 250,000 dollars. Hla Manufacturing Shelby erects a 76 by 376 foot one story plant with 6,000 spindles and 126 looms for fine sheetings, powered by electricity, costing ~25,000 dollars. Chicago: Siegel Cooper & Co renews lease, Leiter estate to invest 600,000 dollars in improvements, delaying a 3,000,000 dollar building plan.
Paris reports strong belief in America's rebound as finance experts say the panic is a temporary setback. M. Ropviert and M. Cailleux predict rapid revival, citing Roosevelt reforms and Panama Canal prospects. Beaulieu and Pallain stress US resilience, monetary factors, and stable French resources amid the disturbance.
Thousands of workers returned to industrial plants across Ohio and New York after weeks of layoffs amid a financial stringency. Reports from J K Tanner cite roughly 66,000 returning in Ohio outside Cleveland, with Cleveland and nearby districts resuming full operation by February. Similar reopenings occur in Pittsburg Youngstown Newcastle Amsterdam Woonsocket Bristol Northampton and Detroit, with plants like Republic Iron and Steel Millyville Rubber and National Rubber among those resuming, bringing thousands back to work and signaling widespread recovery.
The commission praises improvements in transportation, endorses depreciation accounts and a formal property valuation, and urges a government law for standard balance sheets. It warns on tariff discrimination, supports strict anti pass rules, and calls for formal prosecution and co operation with state authorities to curb abuses.
Secretary Taft’s annual report blames army recruitment shortfalls on inadequate pay and conditions. It calls for higher enlisted pay tied to length and merit, a general service corps, and reforms to make service a life work to attract and retain the best men. It also outlines suggested Philippines projects and notes Cuban pacification remains orderly.
Postmaster General orders prohibits star-route carriers from transporting liquor while performing mail service on routes in North Carolina South Carolina Florida Georgia Alabama Mississippi Tennessee and Kentucky with initial contracts to limit liquor transport. Proposals for star-route service will open Wednesday and contracts will require compliance with the liquor ban as part of the prohibition movement gaining support nationwide.
The state department expects to sign a reciprocity agreement with France within a day or two, maintaining the current list of American products under French minimum tariff rates. It includes a joint commission to study trade administration and aims to revive the strained American meat trade with France. Week of Prayer Planned 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 health. It claims kidneys trigger overall well being, warns of Bright's disease, and offers sample bottles and a book by mail from Dr Kilmer Co, Binghamton NY, via The Washington Daily Post.
The article analyzes Republican convention rules and Mississippi law on delegate selection, arguing the party call violates prior rules and state statutes. It warns that Mississippi delegates may be irregularly chosen, risking seating by anti administration factions at Chicago.
Charley L Magee, secretary of the Red Cross, sent the annual report to Congress. Total San Francisco relief expenditures were 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 need of about 750,000 dollars to close the relief effort.
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