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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Jul 27, 1906
Page
3
Samuel Byerley rose from a bank clerk to a Wall Street success after exploiting opportunity in a deal that yielded him vast profits and a promotion. He plans to take his family to Europe using gains from a single postage stamp investment, while executives reassign him to the treasurer’s office.
In a remarkable Wall Street tale, Byerley used a two cent postage stamp to bid on government bonds when the government ended the usual deposit requirement. He secured an option with Bache & Co and, after pitching through several firms, won the bonds. The payoff could exceed 310,000, yielding an astonishing 1,499 percent profit on his minuscule stake. He plans a family vacation with the proceeds and is hailed for nerve and sharp calculation.
George Rossett, a Syrian leper, is under Baltimore County health care with Drs. Corse and Harrison overseeing his condition. He remains in a box car guarded by two officers and sees visitors at a respectful distance. A Catholic priest, Rev. Father Gamp, prayed with him and expressed no fear of contagion. The leper hopes for healing if allowed to return to Syria, but prospects look grim as the state board explores sending him to a care colony.
Leesburg town council asked Judge W Turner to order another election to authorize a $30000 water works bond issue. Two prior elections favored the bond, one later deemed illegal, and the bonds were offered to N W Harris Co but rejected by their counsel.
Washington Post report notes the Black firm abandoned seeking a civil court commission to determine Thaw's mental condition. Mrs Thaw and family interactions at the Tombs reflect tensions with lawyers and ongoing evidence gathering for Harry K Thaw's defense in the Stanford White murder case.
Milas Hazel Gillette, Chester Gillette’s sister, traveled from near Chicago to Herkimer to visit the inmate charged with Grace Brown’s murder. She wept openly, urged influence for his defense, and asked that their mother be kept unaware of the situation, while Gillette reassured her and pleaded for news to be kept from their Colorado-based mother.
Mrs Rose Calano of Wilkes Barre Pa 86 seeks to wed a man forty years younger to cover wedding costs. Her son was arrested for failure to support her as investigators learn she aims to obtain money from him. Alderman Frank Brown discharged the incident.
In heavy fog the C W Elphicke of the Gilcnrist fleet struck the east breakwater and sank. Seventeen aboard were rescued by life savers and Grover, including the captain's wife and another woman. The boat is a total wreck. Cleveland Country Club burns near city limits. Fire destroyed club buildings early today, valued at about 150000 dollars, insurance partly covering the loss, likely from defective wiring.
The article describes a financial crisis as Russian securities fall at home and abroad. The government struggles to raise funds while the August 1 loan installment nears. Finance Minister Kokovsoff faces pressure from French, English, and German bankers urging market support. Six members of the Empire's Council resign, including four science representatives.
In New York on July 24 the coroner discharged seven men initially charged with felonious assault in the death of special policeman Michael Butler OToole testified that Butler was killed by an accidental fall at the Plaza Hotel The jurors acquitted the defendants while union men and relatives cheered among a crowd outside the Tombs Detained four men were released and three remained in custody evidence showed most witnesses did not see the assault
Mississippi woman yields claim to a strong box said to hold 100000 in jewels money and bonds taken from the estate of Joseph R Bacot wealthy San Francisco promoter who died at Gaston s Hotel Memphis The Canadian wife and a Mississippi wife both asserted marriage claims and sought the body and the box After legal deliberation the Mississippi claimant relinquished her claim arguing Canadian courts would be costly The deceased was known to own real estate and bonds plus diamonds worth about 20000
A dynamite explosion at King Hardware in La Grange Ga kills Willie Stewart and injures several workers. The blast damages stock worth about 25000 dollars and ruins the store building Masonic Hall and Elm City Club rooms above. Movements of ocean steamers and other shipping notes follow with arrivals at New York and Plymouth. A patent remedy claim for Horsford’s Acrid Phosphate is advertised.
Premier Stolypin defends the czar’s course defends reform as essential after a dissolved parliament. He denounces the Provisional Parliament as nonrepresentative and vows strong measures to thwart revolution while promising lenient agrarian policy once details are explained. He reiterates no coup d etat and emphasizes constitutional methods.
Paris and St. Petersburg markets showed buoyant Russian bond activity with Russians advancing and French rents rising. Imperial 5s opened at 52.80 and closed at 52.45. Consolidated bounds of 1904 gained 42 francs. other Russian securities followed the uptick as government issues fluctuated yet closed near prior levels amid offatings and nervous industrial shares.
The State Department reports a large daily flow of letters from Americans nationwide anxious about relatives in Russia after the Douma dissolution. Most writers note friends or kin are traveling or living there and seek safety updates, but the department can only share information from press dispatches.
Fragmentary testimony hints at a dramatic witness list and alleged threats in the Hartie case. A white man and a colored coachman are named in disputed exchanges as the trial looms, with expected revelations pending next week.
Fragmentary notes report broker Jas Madden and “whorse owner” Mrs Bell connected to a divorce case in Kentucky court dated July. Madden later secured a reversal in Ohio. The report is incomplete and terse with unclear names and actions.
Representatives of North Carolina independent telephone companies met in Greenstovo to form an organization aimed at stronger competition with the Bell Company. About 25 000 telephones were represented at the conference. Wyse of Raleigh and Leavitt of Southern Pines were elected treasurer and secretary respectively, with another meeting planned in this city to decide the defense or future actions under President Wynne.
A terrific explosion and ensuing fire wrecked the Schwab and Clark grocery in Shiby Ohio today. One firm member and two children died, while heroic firefighters evacuated others as cries for help echoed through the area. Authorities describe a Turnece as aiding the rescue, though details remain unclear.
brief wire summaries report a city sale declaration and a Pennsylvania train derailment near Cape May with injuries including a few drowned in Lake Huron incident. Also noted are elevator accident at Globe Hotel in Philadelphia, and Sugar Refining Company official W. Roster testifying before a federal grand jury.
In a 1908 New York scene executive committee expands for William Jennings Bryan events at Madison Square Garden. Subscriptions up to 98 dollars to fund a reception with speeches, names of contributors kept private without subscriber consent, surplus to print speeches. Railroads offer half fare plus 2 for round trips. committee enlarges with New Haven, Yale, and Anti-Imperialist League figures aiding logistics.
Special Cable dispatch from Rio reports the Pan American congress assembling with committees and chairs listed. Judge Buchanan heads the Deago doctrine committee while Prof Raul I and others lead commercial relations and credential issues. Don Gonzalo de Quesada chairs the Bureau of American Republics panel.
The text promotes Apitero a cereals and vegetables based ready-to-serve food said to convert ingested nutrients into energy with no waste. It touts usefulness for breakfast and lunch for brain workers and those with thin blood and suggests trying it as a year-round tonic, mentioning biscuit and cason packages.
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