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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Nov 27, 1907
Page
30
Report details a vast canal zone building program with labor supplied in large part from the United States. It covers feeding workers, canal appropriations, expenditures, and sanitation measures, highlighting funding and logistic challenges facing the project.
A report details 1907 expenditures including $25,456,415.08 appropriations and $27,161,387.50 for 1908, with large costs for quarters for employees, hospital buildings, and supervision. It notes material imports valued at $7,500,000 and 37 full cargoes moved, plus a major cement test, railroad surveys, and extensive labor recruitment from the United States Europe and the West Indies as the canal project advances.
At a Senate meeting the Oregon and Washington delegations backed an amendment to block any railroad rate increases. The measure responds to lumber shippers in the Pacific Northwest and calls for a hearing on the merits before the Interstate Commerce Commission. Fulton of Oregon presented the amendment for consideration.
Movorlton Club of Chicago invited President Roosevelt to address the Appomattox Day banquet of the Hamilton Club on April 4. The invitation was extended by club officers including Thomas Knight and Mann and Louden. The President doubted his ability to attend but considered the request.
A dispatch to Secretary Taft from May Frank Meinigre ancune chief of the Bureau of Insular Affairs notes the Taft party is well. The group will reach Moscow next Saturday then depart Hamburg aboard the President Grant on December 7 bound for Newark.
Representative Loudenslager of New Jersey said on leaving the House after a Roosevelt interview that the Republican Congressional Committee would establish a permanent literary bureau in Washington. Quarters in the Metropolitan Bank Building have been secured with Francia Curtis in charge.
Wall Street banks move toward cash payments as interior banks meet local demand without Treasury help. Large banks report accommodating customers with moderate sized checks and some currency premium charges. Officials anticipate a return to full cash payments within ten days to two weeks as the system nears a cash basis.
Treasury officials announced that bidders for the coming Panama Canal bond issue may pay only 20 percent in cash, with the remaining 80 percent deposited as Federal funds. National banks may withhold 10 percent of the price and place that as a Federal money deposit. The long term nature of the bonds explains the larger cash retention, and reports from New York and Chicago indicate currency payments may resume soon as country banks show hopeful improvement.
In Philadelphia leading banks sign a petition to designate the city a central reserve city for national bank funds. The group reports resources of 261.96 million dollars and seeks Comptroller approval, contingent on meeting legal reserve requirements and the three‑fifths rule.
Favorable conditions on the Pacific enable wireless telegraph work with smaller power units than large Atlantic transmitters. The Thomas picked up a Naval Station signal at San Francisco from 140 miles distant and relayed messages from 220 miles away. Army Signal Corps portable wireless gear also proves effective from the White Lot to Indian Herd, twenty six miles.
The retiring army board reviewing officers who failed horsemanship tests nears completion and sends findings to the War Department. Col HB Davis Engineer Corps, based in Detroit, secured an age retirement extension through February, superseding board recommendations while remaining briefly on duty in Detroit.
Military orders detail leaves and duties for officers across artillery coast defense and ordnance, including Col Garland N Whistler, Lt Col William M Davin, and Maj George Mak Williamson. Transfers cover Manila dispatches, San Francisco depots, and various posts. Gov Guam appointment goes to Capt E J Dorn.
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