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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Oct 24, 1905
Page
5
The report of the Treasurer of the United States shows gold issues breaking records while smaller notes surge in circulation. Gold's growth outpaces other money forms as paper currency demand rises and silver continues its steady decline.
The Treasurer notes expenditures exceeded revenues by more than 64 million dollars over two years, with 1904 canal costs explaining a large part. Gold in the Treasury reached 748 million dollars by October 1906, while paper currency remains 72 percent of the nation’s money stock and small denominations increase demand. The report calls for easier redemption of worn currency and continued expansion of smaller notes.
The report notes continued growth in monetary stock and circulation in 1905. Silver dollars were discontinued due to bullion exhaustion, with a 1905 year end stock of about 73.6 million dollars in circulation, and an estimated annual loss of 600 thousand dollars in worn coins. Substituted silver coin rose to 101.4 million in circulation, while total money reached 2.874 billion, per capita 31.08 dollars. Gold and national bank notes increasing share, silver and treasury notes declining.
Preparations for hosting Methodist bishops arriving tomorrow are complete as about twenty delegates will meet this week to plan the next half year. Sessions are mostly secret with mass meetings and public receptions arranged. A list of attending bishops, from Merrill to Wilson, includes active and superannuate leaders from Chicago New York Philadelphia St Louis Portland San Francisco and more. The program features sermons, addresses, and a dedication address by Bishop McDowell at the Y M C A building on Monday.
The Pope in Rome met Bishop J J Hartley of Columbus Ohio and gave him a large inscribed photograph. Other visitors included Rev Victor Day and Rev George Mummelein. The Pontiff spoke Italian, praised Catholics in the United States, and noted emigrant welfare despite a cold. Foresters French-speaking split from the American Order seeking a new body in Springfield.
In 1900 a young people’s Zionist union began at Adath Israel Congregation to foster religious social and educational aims. Led by Dr Mandel and later Miss Henriet ta Szold, the group consolidated with the Young People's Union of Zion into a 125 plus member body chaired by Mark Stearman with Rose Aaron Rose Cohen and others serving as officers. The movement stresses Zionism Jewish history and literature and social interaction.
The group notes six years of existence with four years as a Zionist society and increasing membership. Mr. Mazer serves a second term, and the organization aims to be a leading Zionist society in the United States. It cites Zionism as seeking a recognized Jewish home in Palestine amid persecution, highlighting Herzl’s role in rapid recent progress.
A review of Zionist growth shows 287 societies in the United States affiliated with the Federation of American Zionists. Despite Herzl’s death and initial setback, the movement surged with the Basle congress of 1905 renewing energy led by Nordau and Wolffsohn. The East Africa Commission found land unsuitable for a colony, reaffirming the Palestine goal.
Commissioner Francis E Leupp responds to a Sunday Post interview misquoting him about the Indians’ prospects for industrial self sufficiency. He argues he remains hopeful for long term progress and rejects the idea of overnight transformation, noting the need for a homogeneous social path and disciplined labor within a structured economy.
Pittsburg reports friends of Edward G Cunliffe the express robber weigh petitioning to appoint a lunacy commission to probe his sanity They allege mental derangement An effort to extract the missing 10000 stash continues while a second larceny charge for 750 is filed before October 9 Cunliffe agrees to a hearing but waives it and a Pinkerton official notes newspaper reports of cruelty may be retracted Hartford investigators search the father in law's home for the missing money as Cunliffe's family stays in East Hartford
Rev Father Joseph Rickard and Santa Clara College astronomer announced sun spot findings in San Jose. The group spans about 144,145 miles in length and 116,532 miles wide with solar activity rising and two newly noted spots likely to surpass all prior observations.
Vice President Fairbanks refuses to join the Philadelphia campaign, citing prior engagements and extensive summer absence. He notes he cannot make speeches this year and will focus on long neglected matters. In other news, fourteen sections of land in the northwestern area were withdrawn from his plans by the U S Land Office for forestry purposes.
The Interior Department reviews a petition from Imperial Valley residents seeking relief from damages caused by the California Development Company. A 0 square mile lake formed, inundating 25,000 acres of farmland after unregulated diversions cut water flow from the Colorado River. The company built canals into Mexico and back, with repeated breaches during floods, reducing river water to the Gulf of California. Recovery plans by six months aim to restore the river to its former canal.
Dr. L. A. Bauer of the Carnegie Institution outlined a North Pacific magnetic survey with a $20,000 initial allocation. The Galilee sails from San Francisco toward San Diego and Honolulu to chart magnetic anomalies, aiming for a grand cruise across the Pacific. early results show current charts are faulty around California and the Hawaiian Islands.
Home Mission officers in Indianapolis were chosen by the Women's Home Missionary Society of the Methodist Church. President is Mrs Clinton B Fisk of New York, first vice president Mrs Jane Bapcroft Robason, secretary Mrs De Delaware Ohio, treasurer Mrs George H E Thompson La Crosse Wisconsin. Strike for Recognition in La Crosse. Electricians and linemen in La Crosse struck for union recognition today as lines center the city. Companies pay the union scale and working conditions.
New York observers report a pending citywide strike by teamsters tied to H J Libby Co and led by Local No 708, with bosses opposing concessions. Pinkerton guards deployed as 50,000 workers could join after a few days, while wage and hour demands include ten hour days and overtime at 25 cents, with union access to hire-on rules.
Special to The Washington Post Chicago Oct. 23 Teamsters in the machinery moving and rigging industry vote to strike against hauling contractors serving machinery manufacturers and heavy electrical firms. The strike could affect 8000 workers tied to the Chicago Team Owners Association and the Machinery and Safe Teamsters and Rigging Union No. 14. Union demands for higher wages were rejected by employers before the vote.
Harrisburg October 22 Detectives pursue men who set iron on tracks of the Philadelphia and Erie line near Dauphin. A track walker found large iron pieces blocking the rails and moved them to the side, narrowly averting a derailment aboard the Southern express, with detectives assigned to the investigation.
Lima Ohio October 23. King, indicted with Elijah Bowsher for a seven year old Ameri can National Bank robbery, confessed and pleaded guilty to receiving stolen money from Bowsher. He is sentenced to five years in prison.
Dr Edward Martin director of the Philadelphia department of public health and charities resigns from a $10 000 a year post to Mayor Weaver citing personal reasons. He says private practice and university duties demand more time leaving the department. The resignation letter appears unusual and drew initial doubts from the mayor.
A Civil War veteran who served two terms in Congress and became auditor of the Navy Department. Col William Wallace Brown born April 22 1838 in Cayuga County NY but raised in Pennsylvania. He held multiple offices, practiced law, served in oil interests, and was later auditor of the War Department then Navy, with farm life frequent. He married Helen Crandatt in 18.
The unidentified Miss Annie Scott, who shot herself at Haddon Hall in Atlantic City, was brought to New York where a man named T Davis, claiming Brooklyn residence, identified her. He said they were childhood playmates and wished cremation at his expense, while reports tying her to the Peck family were denied.
The Supreme Court moved Daniel Red Bird and others cases involving outsiders who intermarried with Cherokee members forward and fixed February 19 as their hearing date.
Interstate Commerce Commission heard W H Clark Oil Co claim of unjust oil rate discrimination against the New York New Haven and Hartford Railroad. Clark Oil says its lubricants plus vegetable and lard products compete with Standard Oil and seeks through rates to New England. Commission findings to be sent to President Roosevelt for use in the annual message to Congress.
The Supreme Court ruled that George W. Beavers conspirator George Greene, New York state senator, must come to Washington for trial on defrauding charges. The case centered on the government’s right to compel trial in the District of Columbia after Greene sought habeas corpus to avoid removal.
Georgia in U S Supreme Court seeks relief for citizens from fumes by Tennessee and Ducktown Copper Co located near the interstate line. A rule entered requiring show cause why restraining order should not issue.
The Supreme Court of the United States moved the hearing of Security Mutual Life Insurance Company versus H P Prewitt to January 2. The Kentucky case tests the state law allowing revocation of licenses for foreign insurers who move to federal courts to escape state court actions.
The U.S. Supreme Court yesterday dismissed the writ of error in Cedar Rapids Water Co v City of Cedar Rapids Iowa. The case originated in Iowa and challenged a city ordinance fixing water rates. The Iowa Supreme Court upheld the ordinance and the Federal high court refused to review, affirming the state decision.
South Dakota city Sioux Falls prevailed as the Court of Appeals upheld the right to purchase or construct waterworks. The appeal by the Farmers Loan and Trust Company of New York and others was dismissed, preserving the city’s authority after a prior contract argument. Chicago gains franchise attention as the US Supreme Court grants leave to file records.
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