Banks Hoard Cash Forcing Small Lenders Near Collapse
A Chicago telegram reveals Illinois banks hold cash well over August totals, with one institution at 23 million and others amassing reserves above 30 percent. The report says interior banks hoard funds, squeezing smaller lenders and choking agricultural commerce, while some Wall Street funds press for U S certificates of indebtedness to guard reserves.
MENTIONED IN THIS ARTICLE
Intertor Bank
Chicago
Illinois
State Banka of Chiego
Atone
Vaina Lo Light
Remota Northwest
Bankal Fu
Thin Loyailty
trans-Allaaly
Eatingrail
Representative Sulzer Advocates Government Bank Oversight
Sulzer urges an elastic currency and government backing to prevent bank panics. He argues for a central bank under government supervision, warns against hoarding and bank runs, and calls for strong fiscal policy to preserve national credit amid a volatile financial era.
Tax Bank Notes and Government Tax Confusion
A fragmented report discusses bank notes and tax actions amid uncertain currency and national policy. References to Attorney General and congressional intent hint at regulation affecting circulation and taxation, with unclear details on denominations and dates.
Financial Brainstorm Proclamation Sparks Public Debate
Fragmented OCR text outlines a chaotic political note about a proclamation affecting governance and public works. It mentions phrases like governance, remorse, water issues, and honesty, but the passage is garbled. No clear events, dates, or named entities are discernible beyond generic references to governor and public policy.
MENTIONED IN THIS ARTICLE
Panre Menigoner
Tunis
Jericho
Goldfield Coins and Uncle Sam Bars Spark Money Plan
The article discusses proposed bullion to be minted into stamped bars as real money, likening it to 1849 slugs. It notes a potential conflict with current currency, with three reduction works producing about $500 daily, a figure the plan aims to meet or exceed.
MENTIONED IN THIS ARTICLE
Uncle Sam
Famp
Revival of Industry as Iron Works Resume at Westward Firms
News from Pittsburgh and New York reports rising industrial activity with Westinghouse Machine and Westinghouse Electric and Manufacturing expanding to about 200 new orders in the past week west of Chicago. Iron and steel plants like Zug Iron and Steel, Oliver Iron and Steel, and Silver and Snyder announce resumed operations and increased employment as demand improves. Financial centers note easing stringency and manufacturing clawing back toward pre October levels with Connecticut factories resuming on normal scales.
MENTIONED IN THIS ARTICLE
Pittsburgha
Westinghouse Machine
Westinghouse Electric and Manufacturing Companies
Chitlen
Guts
Zug Iron and Steel Company
Olver Iron and Steel Company
Gilver and Snyder Steel Company
New York
Eastern Bar Iron Association
Rew
York
Vaceaux
Www & G
Dun & Co
Connecticut
Bridgeport
London Still Unflurried As Bank of England Holds Rate
A north Atlantic money scramble unfolds as Britain and Paris report steady sentiment while American efforts to lift currency pressures provoke gold movement. The Bank of England signals no rate change and bankers await clearer American conditions. London checks climb amid gold draw via Paris and New York, with France hinting at direct gold transfers to the United States and Bank of France mediation rumors fading.
MENTIONED IN THIS ARTICLE
New 2
Bank of England
United States
America
New York
Chile
Portugal
Wiite Stag Uiner Majestic
Southampton
Berlin Noy
London
Germany
Imperial Bank
Paris
Indy
France
Mamera
Inter
Bank of France Tx Act
Journal Des Des Bata
Hank
England
Bank of Prence
Suspected Impostor Collects Charities Money Nearby
A man described as an impostor posing as an Associated Charities agent collected several dollars from residents around Twelfth and N streets NW. He visited Mrs Katherine Kitt at 125 W N street and obtained money, with more donations feared in the neighborhood as police search for the suspect.
MENTIONED IN THIS ARTICLE
Chanty
Twelfth
N Streets
Associated Charities
Katherine ‘Kitt
Steel Prices to Stay Up Despite Downturn
Washington Nov 21 independent producers and Steel Corporation officials reached a consensus that there should be no price cuts while conditions are stable. Judge Gary reported a full discussion on industry prospects, noting no advance during prosperity and urging stability to benefit the nation and purchasers.
MENTIONED IN THIS ARTICLE
Wile
Aiso
Speaker Cannon Optimistic On Resuming Currency After Panic
New York Speaker Cannon arrived in Washington in good health and optimistic about the financial outlook. He argued many plans exist to ease the crisis, urged awaiting President and Treasury guidance, and predicted a rapid resumption of currency as banks reopen, with New York leading the way and restoring credit nationwide.
MENTIONED IN THIS ARTICLE
Cannon
Washington
Secretary of the Treasury
United States
New York
Great Clearing House of the
Wit
Civic groups urge forests and canyons preservation
Delegates of the American Civic Association and municipal offices dispatched a telegram to President Roosevelt urging preservation of forests and the scenic Grand Canyon area in Colorado. They planned resolutions and rising plans to attract Washington attention as the conventions wrap up tomorrow afternoon.
MENTIONED IN THIS ARTICLE
Colorado Canyons
Niucura
Congress
American Civic Association
Nations
Tate
Tn Day Thadelematen
Lnd
City of Washington
Hague Conference Agreements to Be Submitted to Senate
James B Scott reports from The Hague on American delegates drafting fourteen conventions and a plan for an international court. The United States will ratify via Senate action, but not all at once. Many signatures and translations exist. records will stay at the Dutch foreign office.
MENTIONED IN THIS ARTICLE
State Department
Senate
Root
James B Scott
Coitellor
Hague
Reot
Nftlona
United Sintar
United States
Bcing
Hoot
Root Solicitor Scott
Secretary Root
Conference
Reynolds rejects selling the Philippines as national crime
Representative John M Reynolds of Philadelphia studied Philippine conditions and concluded that discussions of disposing of the islands would wrongly stigmatize the United States. He urged ongoing American administration, development, and self-government for Filipinos, citing peace, law, and protection of rights as core goals.
MENTIONED IN THIS ARTICLE
Reynolda
John M. Reynolds
Phiadelphia
United States
Reynolds
Reyoolia
Comatcly
Jamestown Exposition Extend Plan Weighed by President
Delegation including George Tucker and Thomas Nelson Page urged President to approve funds to keep government exhibits open at Jamestown. Tucker said a board committee would decide and announce soon. They favored reshipping less favorable to keep exhibit in place given Congress timing questions.
MENTIONED IN THIS ARTICLE
Jamestown
Bt George Tucker
George F Adams Lancaster Willams
Thomas Nelson Page
Tucker
Board of Directors
Seattle
Jamogtown
Revenue Receipts Decline in October’s Returns
October 1907 revenue shows an overall rise of 871 309 versus October 1908, with four month gains totaling 3743 347 over 1896. Despite July to October increases, the surplus fell to 2557 by November 1. October gains include spirits 204 881 tobacco 159 922 fermented liquors 372 606 oleomargarine 51 563.
Paris Trade Feels U S Financial Strain Says Mason
Paris reports that General Mason states US financial tensions show no clear effect on France to America exports. Invoices remain normal and no cancellations have occurred. The Haviland firm warns of pay cuts and halting factory expansion as orders drop from the United States.
MENTIONED IN THIS ARTICLE
Paris
Unsul
Mason
United Stason
America
Limozea
France
Havilands
Patvern
Twadsee
Taylor praises Panama Canal work by Mobile official
George Washington Taylor, representative from Mobile District, Alabama, returned with the House Appropriations Committee from Panama Canal inspection. He praised the administration for acquiring the route and advancing construction under Army Engineers, predicting completion within six years. He noted Southern engineers on the commission and urged public support.
MENTIONED IN THIS ARTICLE
George Washington ‘Taylor
Mobile
Alabama
House Appropriations Committee
Panama Canal
Taylor
Gul
Panania
Mr Taylor
Taylor Heartis
Army Engineers
Chinese commission forms to study abroad trade
The State Department says the Aurtdan Legation in Peking reports China has appointed a commission led by Yang Shih chi to study commercial conditions overseas. Other members include Wang Chingchia Pan Awehth and Li Ching tin. Oklahoma enforces 2 cent fare. The Oklahoma Corporation Commission notified Fort Smith and Western Railroad to comply with the 2 cent fare provision. the railway has been fined for not matching the 2 cent rate.
MENTIONED IN THIS ARTICLE
State Department
Aurtdan Legation
Peking
Yang Shih-chi
Wane Chimgchia
Board of Agriculture Works and Commerce
Panawehth
Smne Board
Li Ching Tin
Heneed
United Staten Ree Een
Oklahoma
Gutnee
Okla Noy
Oklahoma Corporation Commission
Wes
Fort Smith and Western
German chemist De Grosse claims platinum decomposition
The New York Times reports Dr Theodore Grosse, a German chemist, announced via the Chemische Zeitung that he decomposed platinum into a new element using molten potassium carbonate, heat, and an alternating current. The claim, while intriguing to some chemists, is viewed as scientifically interesting but unlikely to yield immediate commercial value.
MENTIONED IN THIS ARTICLE
New York Times
Theodore Grosse
Nugust
Chemfseer Zettung
de W Ramor
College of New York
Bly Wiliam
Gyosde
William H Hodgekingen
Grosse Teenery
Charlea E Chandler
Coumbia University
Wiliam Fumeau
Grosse
Inmcett
Mrs H G Sholes Testifies Rheumatism Cure Works
Mrs H G Sholes testifies she suffered rheumatism for years, tried three or four doctors, found relief in Munyon's Rheumatism Remedy within a month and full cure in six weeks. She recalls the product as effective for sore joints, lumbago, and swollen limbs and promotes Munyon's as a guaranteed remedy under the Pure Food and Drug Act.
MENTIONED IN THIS ARTICLE
HC Eiholes
Svecy
Stockholders meet to ratify fire insurance contract
Notice sets January 4 in Washington DC for stockholders of Columbia Fire Insurance Company to decide if they will ratify a 1917 contract with Royal Insurance Company Limited of Liverpool. The deal transfers fire insurance chattels and confers authority for a court decree of voluntary dissolution if majority approves. Also includes other notices and business items from various DC entities.
MENTIONED IN THIS ARTICLE
Washington Ciy
Columbia Fire Insurance Company
District of Columbia
Revel Insurance Company. Limited
Liverpool
England
Vaid Royal Insurance Company Limited
and Columbia Fie Raurance Company
District 9
Columbia
Wir
Seid Royal Insurance Company, Limited
Columba Fira Insurance Company
Distrit of
Supreme Court of the Dither of Columbia
Code of Law
FS McGuire
Lem Towers Jr
Also Mentioned on This Page
Treasury
Panama
Beeretany
Trevay
Cat Ag
Noah Paw
Boyor Ban
WWE
Janet
Toll Tyske
Rome
Barks Pac
Ufwates
Nat
Newspaperre
Sulzer
Mersis
Yestory
Provident
Innis
Mer Sulzer
Mart
Eoin
Lecwis
Eancolal
Vonks Tam Ale
Postal Surings Loris Uci Cio
Ms, Bane
Aeave
Tennewee
Neemi
Cennesare
Fey
Cat
Fb Aansey
Westinghouse
RON
Bar Iron
Berlin
MR. Gannow
Hve Association
Scott
Philippines
Oni
Plan
Pans
Washington Loan Company
Ola Roliabte
F Steel Northwest
Mainz
Wai
Chinese Commission
Tme
Ringulef Bienhard
Newark
City
Rienhard
Essex
Golden Street
Wenhard
H. G. Sholes
Munyon
W. B. Moses & Sons
F St., Cor
Jesap Fine Insurance CO Bang
Washington Railway
Gaysbie
Commercial Trust Company of
Meer Verse
Jersey City
J Waitehdad
Coure
Loile
Court of Apnesis
Prescott Gatlet
Bar Association of
Columbis
Washiveton
Penn Ave
West End
Speiser
Pennsylvanis Atenue
Lgvea
Madlearing DB
Tad’ Enly
Anita Heinege-Lloyd
Vaca
H ST. N. W
Edward Heimendahl
Baltimore
Emerson Institute
Erottet
Cologne
Pest Polat Anaspetia
Hoxton Randolph
Fripdgal
Cravenette
Goodyear Consi
F Struet
Bear
Washington Post
Columbia Foxtitn
WIGHT
Mart Eta Bulbwla Dicune
Cows Dians Cingeus “Pascers
Criterion Theater
NT Charurs Frohmas
Ava Condon Buccem
Dairy Maids
Amarican
SaLasco
Lee Shubert
Fac
Clara Bloodgood
William Colatenay
S Suisag
Ila Iene
Ey Walsh
Gordins Powerful
Kreutzer Sonata
Mort Wesk
Lulu Guaser
Beeta
Marine Mon Wet
Kathryw Ae Stock Co
CABIN
NEW Academy
le Record
Duster Brown
Tally Mathiten
Bier Beenings
William Courtleigh
George Boer Hessie
Camille Yousedy
Ana
Ferrella
Kmaboy
Chappedre
Pullman
Julia Rutiage
TRE Colay Famcur
John
Gayety Theater
Rose Hill
Lyceum
Watson
Fulton
Ninth Street
Ri.w
Mall
Newopape Prrhive
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