Currency Payments Resume Hints In Bank Circulation Plan
Banks in major centers prepare to resume currency payments. Secretary Cortelyou signals government backing through new one year treasury certificates deposited with banks to boost currency in circulation. Treasury aims to ease cash needs while tightening disbursement balances and planning for autumn money markets.
MENTIONED IN THIS ARTICLE
Forgan
Chicago
Fumtaibhe
Sle
Gertelsony
Howe
Nereunla
Treasury Returns Money Subtreasurer Set to Refund 6 Percent Certificates
Justice Bovier, subtreasurer in thirty, sent a circular from the Treasury Department in Washington offering refunds to local subscribers for 6 percent certificates. The circular instructs presenting temporary receipts to receive repaid funds. Subscriptions continued, totaling about 5,780,000 dollars by noon.
MENTIONED IN THIS ARTICLE
Telademain
Moon Funoontent
Uncle Sam Sets Example on Banking Deposits Policy
A Chicago Great Western official statement urges Congress to halt government deposits and avoid issuing more currency. The speaker argues reform should economize cash use, proposing mechanisms to handle pension and payroll needs while maintaining about $20,000,000 in cash in quarter.
MENTIONED IN THIS ARTICLE
Chicago Great Western
Liesciar Amiual
Factory schedules shift as mills in Cohogs brace for full output
The E Z Fratbanks Scale Co and Sunn year Pump Works report extended five hour shifts recently and plan eight hour operations to meet orders. Industry observers note the knit goods sector, a major Cohogs center, expects mills to run at full capacity by January, signaling renewed activity after prior slowdowns.
MENTIONED IN THIS ARTICLE
St. Jonasberg
Fratbanks
Tatain
N.Y
Sunnyiear Pump Works
Lutkin
Stramiger
Plantt
Indus
Cohogs
Confusion in the South Threatens Republican Unity
Washington reports suggest a potential rift among Southern Republican leaders over the Roosevelt renomination. Federal officeholders and state chairmen may push for a candidate aligned with or independent from the President, while plans surface to supplant Acting Chairman Now with a figure favored by various regional blocs.
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Washington
Fairbanks
Utland
Nino
Mason and Dixon Line
Roosevelt
South
Nations
National
White House
Vnlesa
Vresident
Tait
Perings
Spanie
Persevaring
Skdiias
Euny
Patt
Novalnation
Orelr
Teres
Unis City
Harry 5
Indianapolis
jGortelyon
Capt. New
Ao Earuhlate
Badx
Desta ix
New England
J Nore Atlantic
Southernera Ag
Wil
Indiana
Third Term Rumors Swirl Around Roosevelt Nomination
White House chatter resurfaces about a possible third term. Gamble of South Dakota says no sentiment for anyone but the President, while North Dakota’s Hensbrough and Iowa’s Hull report similar private views. Senator Ki of South Dakota asserts three fourths favor Secretary Taft for the nomination.
MENTIONED IN THIS ARTICLE
White House
Hovcesvelt
Eénatey Gamble
South Dakota
Auc
Roosevelt
Hensbrough
North Dakota
Hull
Towa
House Committee On Military Affairs
Fowler May Face Removal From Banking Committee
A Washington dispatch reports Don Brenaman Fowler of New Jersey facing likely displacement as chair of the House Banking and Currency Committee due to his criticisms of Roosevelt and Cortelyou currency rules. The piece notes Fowler insists on reporting his bill, while other members push for consensus, and Speaker Cannon’s secret appointment power complicates the outcome.
MENTIONED IN THIS ARTICLE
New York
Washington
Don Brenaman Fowler
New Jersey
Roonsvelt-Cortalyou
House Committee On Banking and Currency
Fowler
Congress
Horch
Akely
Roosevelt
Rouse
Ine Aisty
Cannon
Funeral services for Dr. Robert B. Donaldson
Funeral services for Dr. Robert Brice Donaldson senior past grand master of the District Grand Lodge of Masons were held at New Church at Sixteenth and Corcoran Streets. He died at his home on Sixteenth Street NW after a brief illness at eighty one. Interment followed at Congressional Cemetery with district lodge pallbearers and church officials in attendance. Memorial resolutions were adopted by the District Dental Society and sent to his family.
MENTIONED IN THIS ARTICLE
Robert Brice Donaldson
District Grand Lodge of Masons
Sixteenth Street
New Church
Sixteenth and Corcoran
Frank Sewall
Robert Mbote
Foundry Church
J.J. Holpon
Judge Barnard
Daniel McFarlan
Omens M. Gale
James M. Younger
Fletry’ Gibson
B. G. Davis
James A. Sample
Jewse W
Les, Jr
William G. Hehienson
Grand Lodge of Masons
Congressional Cemetery
District of Columbia Centeal Society
Union Trust Company
Imploves
New Dominican Debt Plan Seeks Partial Immediate Payment
Negotiations over Dominican debt lead to an alternate plan after the original bond sale to a New York firm faltered. Creditors willing to accept pro rata cash from 3.5 million held at National City Bank would get an immediate partial payment, while remaining debt would be funded by bonds issued by the Dominican government and advanced by a syndicate. Morton Trust Company and Boeyer & Co. would manage the new arrangement as the process proceeds.
MENTIONED IN THIS ARTICLE
Honda
New York
Dominican Republic
Onda
Republic
Seattle
State Department
Afficiaia
Senor Velasquez
Commerce
Hanes
Morton Truat Company
Boeyer J. & Co
Sixcnt
Dominucan
Iso
Calls Cuban firm unfair to Cuba shippers
The Interstate Commerce Commission was asked by Lykes Steamship Company to find fault with Commercial Union, a Cuban shipping firm, for allegedly drawing Cuban shippers to its line by granting gratuitous shares. The complaint names Atchison Topeka and Santa Fe and other railroads as defendants, alleging through rates and contracts of affreightment violate tariffs.
MENTIONED IN THIS ARTICLE
Commercial Union
Galveston
Havana
Cuba
Interstate Tormeros Commission
Lykes Steamship Company
Atchison, Topeka and Santa Fe
Commercial ‘Union
Becaues
Anc
Six Houses Sold At East Capitol Street Hearing
A hearing on water related matters followed by sales of six houses. Properties on East Capitol Street and nearby avenues fetched notable sums, including a three story brick dwelling at 1st Baat Capitol Street sold for around six thousand dollars and another at Fourth Street Northeast for about four thousand five hundred eighty dollars. Stone & Fairfax handled multiple transfers and a second dwelling at Ninth Street and Massachusetts Avenue Northeast drew attention for future residence use. The gathering also touched on food and drug inspection and immigrant assimilation remarks by Secretary Weller at Washington Heights Presbyterian Church.
MENTIONED IN THIS ARTICLE
East Capitol Street
1St Baat Capitol Street
B. ©. Switzer
Stone &* Fairfax
Joseph M. Carmiody
Fourth Street
Ylomerse
Ninth Street
Massachusette Avenue
Stone &Fairfax
Thomas
Gantsnes
Cata
Droker
Wold
Bimpson-Sullivan Company
Dwellitz
Winfred Erskine
Goodman
America
Weller
Washington Helghts Presbyterian Church
Washington
Berkere
Chest System Promises Handsfree Phone Use For All
Report claims two girls discovered a chest talking method that transmits voices through the body allowing clear reception without holding a transmitter. P G Horton of Chesapeake and Potomac Telephone warns adoption may face practical and social hurdles.
MENTIONED IN THIS ARTICLE
P. G. Horton
Locet al Perintendent
Cheaepeake and Potomac Telephone Company
Aysterm
Iwo
Mr. Bur|ton
Nelyas
Riba
Ates
Dreast
Séorehing
Ctutch
Blaise
Noah’ Webster
Huthies
Hema
Treasury Orders All Surety Bonds Forward for Review
The Treasury Secretary orders all bonds from surety firms forwarded to Westington for review under a new index system. Some agents issued bonds without proper authority, a finding uncovered during the index rollout. The move spreads bond oversight across Treasury branches, easing firms from repeated approving copies of powers of attorney.
MENTIONED IN THIS ARTICLE
Cortelyou
Treasury
Secretary’ of the Treasury
Treasury Department
Department
Westington
Varlewe
Ll Ln
Urder Hla
Wiley to Address Baivara Men Celebration
Dr. Wiley travels from Washington to Harvard University to speak at the three hundredth anniversary celebration of John Harvard. He will represent the Harvard Club of Washington and discuss food safety. A separate note mentions a memorial tribute to Judge McComan delayed to 2 pm. Professor Pickens of Harvard is set to address the Bethel Literary and Historical Association at Metropolitan African Methodist Episcopal Church tonight.
MENTIONED IN THIS ARTICLE
Wiley
Baivara
Harvey W. Wiley
Washington
Harvard University
Presiident ‘Biot
John Harvard
Ey Ww. Spask
Harvard Club of Washington
Diulritt, Bar Association
McComan
Pickent
Wiliam Pickens
Harvard
Bethel Literary and Historical Association
Metenpolan African) Methodist Episcopal
Local Property Transfers and Construction Updates on Northwest
The article notes Benjamin B Bradford purchasing a three story building on Thirteenth Street NW to remodel into a business house. Bernard C Catt previously owned the site. Moore & Hill sold a New Hampshire Avenue residence to Thomas M Owens. other buyers include Hi Zimmerman. American Yee Company plans a new top house at Ninth and Water Streets. An additional one story structure, seventy feet wide and one hundred four feet deep, will use timber piling and a slag roof with Frederick H Eile as architect. ongoing work managed by Semuss.
MENTIONED IN THIS ARTICLE
Benjamin’ B. Bradford
Tihirteenth Street
Ti Howe
Bernard C. Catt
Moore & Hill
Thomas M. Owens
New Hamopshire Avenue
Hi, Zimmerman
Frederick HE Bile
Theompany
Semuss
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