Currency bill faces White House talks and defections
Bryan opposes the measure with critics arguing over a new paper currency. In conference Glass seeks to reinsert a retirement of national bank notes and refunding of 2 percent bonds, with a 3 percent issue, pending admin support. Senate and House members plan talks with President Wilson, while Speaker Clark discusses the currency bill and its prospects.
MENTIONED IN THIS ARTICLE
Glass
House
Senate
White House
Bryan
Eendera
House Currency Committee
Wilson
Lindbergh
Minnesota
Banking and Currency Committee
Money Trust
National Reserve Board
Clark
Champ Clark
Congress
Mfe
Germany
Europe
Imperial Bank
Bank of France
Switzerland
Council of the Bank
New York
Federal Reserve Board
New York City
France
Owen
Cravath Seeks Trade in Union Pacific Merger
Paul D. Cravath with Union Pacific counsel conferred with Attorney General McReynolds on dissolving the Union Pacific merger. They discussed exchanging 98 million dollars of Southern Pacific stock for Baltimore and Ohio stock held by the Pennsylvania. McReynolds’ preliminary view favors the step as it severs Pennsylvania from Baltimore and Ohio, a competing line, with a final stance expected before July 1. The attorney general opposes the plan as to the remainder of Southern Pacific holdings.
MENTIONED IN THIS ARTICLE
Paul D. Cravath
Counsil
Union Pacific Railroad
McReynolds
Union Pacific
Southern Pacific
Baltimore and Ohio
Pennsylvania
United States Court At
St. Paul
German firm underbids on New York navy yard tool
Navy officials were surprised that a German firm could pay duties on a massive boring machine for the New York yard yet still underbid American toolmakers. Experts say the German design, weighing over 600000 pounds, is not as good as American submissions, and an American firm will likely receive the award.
MENTIONED IN THIS ARTICLE
New York Navy Yard
Navy Department
New York Yard
Pinchot alleges plot to place Scranton Tribune in receivership
A memorial urging Congress to probe how the Scranton Tribune Republican came under a receiver was read in the House by Rep. Kelly of Pennsylvania. Gifford Pinchot and others signed it. Kelly said the money trust forced the paper into receivership for its Progressive stance, contending it was profitable.
MENTIONED IN THIS ARTICLE
Congress
Scranton
Pa) Tribune- Republican
Kelly
Pennsylvania
Iincs
Gifford Pinchot
Progressive Party
Currency reform plan aims to stabilize money system
The expert outlines a broad monetary reform plan emphasizing bank cooperation, elastic currency, and central control of gold. Key points include a Federal reserve system with a Washington board, preferential discounts for national banks, a gradual shift away from vested bank rights, and safeguards against gold drain and overissue.
MENTIONED IN THIS ARTICLE
Glass
Federal Reserve Banks
Washington
Sweden
Banda
Federal Reserve Board
Germany
Austria-Hungary
Japan
New York
Aldrich
Central Reserve
Chicago
Federal Reserve Bank
United States
France
Fiscal plan aims to centralize budget control in one House committee
Representative Fitzgerald, head of the appropriations panel, urged radical reform to give the House sole control of major supply bills. He proposed rule amendments to restore centralized appropriations authority, arguing decades of study show this change is essential before any broader reforms can succeed. He described a return to early Union practice and warned that current multi committee handling dilutes accountability.
MENTIONED IN THIS ARTICLE
House
House Committee
Appropriations
Representative Fitzgerald
Appropriations Committee
Fitzgerald
Committee On Appropriations
Bulls Rampage Through Almeria Streets Amid Fatalities
In Almeria Spain today four bulls escaped while being led to the ring. They charged through narrow streets goreing people. One man died and many injured. Three elderly men were tossed. three bulls were captured while the fourth fled to the sea and drowned.
MENTIONED IN THIS ARTICLE
Alméria
Spain
Goring
New pamphlet aims to sway public opinion on trusts in Washington
A pamphlet titled Important Taste of the Day by Emry Davis, New York, went on sale yesterday on major Washington newsstands. It tackles the Beef Trust Sugar Trust Standard Oil International Harvester Roosevelt policies the 29 million dollar fine the 187 Panic the Panic of 1893 tariff questions and more. The ad notes the author’s views are unique and the work seeks to raise public opinion on urgent issues.
MENTIONED IN THIS ARTICLE
Emry Davis
New York
Washington
Beef Trust
Sugar Trust
Standard of Company
International Harvester Co
Roosevelt
Death by own action follows failure in Glasgow
Peter Donaldson, partner in James Watson & Co which suspended payment June 11, drowned at Kilcreggan on the Clyde. Found in the river with a dumbbell tied around the neck and another on a leg. Firm liabilities listed at 1,990,000 with 600,000 in assets. Donaldson was president and managing director of Dayton Coal and Iron Co at Dayton, Tennessee, and largest stockholder.
MENTIONED IN THIS ARTICLE
Glasgow
Scotland
Peter Donaldson
James Watson & Co
Kilcreggan
Clyde
Chattanooga
Tenn
Kilkreggan
Dayton Coal and Tron Company
Daston
Donaldson
Lightning strike kills at Cleveland church picnic
A pavilion at Willow Beach park in Cleveland struck by lightning during the First Unitarian Church picnic killed F. H. Mansfield, the church sexton. Six others were hurt or stunned, including Thomas H. White and his wife. White Sewing Machine Co. proprietor White and his wife were listed among the seriously injured but expected to recover.
MENTIONED IN THIS ARTICLE
Cleveland
Ohio
Willow Beach Park
First Unitarian Church of
F. H. Mansfield
Thomas
H. White
White Sewing Machine Company
Mia
Harry Hyatt
Big Navy Yard Upgrades Proposed at Norfolk
Norfolk navy yard expansion plans were introduced by Representative Holland. A draft bill would authorize a dry dock 1,000 feet long 110 feet wide and 60 feet deep costing 3,000,000 to house the largest dreadnought. A second bill would fund 600 000 for repair and construction gear for the navy's biggest battleship at the yard. Both measures sent to the naval affairs committee. Also a resolution by Representative Moore urged U S intervention on behalf of Jews in Roumania per the Federation of Roumanian Jews in Philadelphia.
MENTIONED IN THIS ARTICLE
Norfolk Navy Yard
Holland
Virginia
Navy
Norfolk Yard
Naval Affairs Committee
United States
Roumania
Moore
Pennsylvania
Federation of
Philadelphia
Paterson Man Seeks Divorce After Powder Plant Blast
In Paterson New Jersey Peter K Hicks testifies in chancery that his wife deserted him and he took a job at a powder factory hoping the plant would explode He says the blast injured him and five others sending him to hospital After recovery he says he found life worth living again and dropped the suit
Denmark women to vote under new cabinet plan
Copenhagen June 24. In an extraordinary Rigdag session premier Zahle announced a newly formed cabinet to advance amendments for universal suffrage. Elections for both chambers will occur on equal universal suffrage terms and parliament will convene earlier to pass measures next session. Erik de Scavenius named foreign minister. Naval Committee to Inspect yards will depart Washington around July 10 for a weeklong inspection of Atlantic coast navy yards.
MENTIONED IN THIS ARTICLE
Copenhagen
Rigadag
M. Zahle
Erik de Scavenius
Naval Committee
House
Naval Affairs Committee
Washington
Atlantic Coast
Record of New Haven railroad safety against Brandeis claims
Official record defending New Haven Road safety with ten year totals and yearly breakdowns from 1903 to 1913 showing 5078750 trains operated and only 6 passenger fatalities. It notes years 1904 1905 1906 1907 1909 and 1910 had zero passenger deaths despite 3 060 000 trains and 441 426 000 passengers. June 7 1918.
MENTIONED IN THIS ARTICLE
Brandeis
New England
New Haven Road
New York
Charles 8. Mellen
New York, New Haven and Hartford Railroad
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U. P
Pacific
Pinchot
Charles A. Conant
Fear Board of Control
Imperial Bank of Germany
Austro-Hungarian Bank
National Bank of Belgium
England
Aldrich- Vreeland
Character of Reserve Board
Wall Street
Life
William Jennings Bryan
James E. Blount
G P Putnam’s Gown
Philippines
Philippine
Spanish City
Bella
Thomas H. White
Bolt
BIG Navy Yard
Holland Bills
Norfolk
U. S
Denmark
Marshall Hall
Glen Echok
Royal Arcanum
Rockinchair
A. Lisner
Palais Royal
Sam's
11Th St
Pa. Ave
Bake & Co
Henderson's
N.Y
T. A. Smith
Hem ‘Aims
Sth
G Ae
Belasco
Capt. Scott
Hevy Chase Lake
Marine Band
Og Cent
Lstoen
Jmeries
Gall
North
Wekrine
Moly
Columbia Players
Augustus Thomas
Mrs. Leffingwell
Wizzoure
Springfield Republican
New Haven & Hartford
R. R. Co
Bewi
New York, New Haven
Hartford