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Newspaper
Washington Post
Location
Washington, Washington Dc, United States of America
Date
Sep 18, 1909
Page
42
Taft policy opposition centers on a proposed 20 dividend in bonds amid concerns over public credit associations and central bank issuance. Scholars and workers weigh risks as financial observers press for clarity on securities disclosures and regulatory safeguards.
The American Bankers Association at Chicago rejects the postal savings bank concept. A resolution condemns any government banking role while urging vigilance in bank examinations. Leaders favor a central bank and discuss segregated savings departments amid calls for stronger industrial policy.
A list from a naval commander details assignments for officers including Commander wp Jone to duty with a taint squadron in the Pacific, HF Coontz to home waters, F OH Durell to the Naval Academy, WL Redgore in Washington for Army War College duty, and multiple other officers to Naval Academy Annapolis, Chester, Birmingham, and engineering posts. The document also references a marine detachment at Camp Eldot Caval Zone and a cable from the commander of the torpedo squadron in the US Pacific Fleet dated Hong Kong.
A rebel leader El Rogh was executed Sunday at the palace in front of the Imperial harem after a protest by the French consul over torture of captives. The sultan ordered El Rogh not to be publicly displayed in the future as punishment for the revolt.
Sept 17 in New Orleans report that no official post will handle the Zaft arrival and the two day waterways convention. Committee in charge made the announcement. Several tons of material labeled pastry have arrived, with avalanche fears prompting precautionary actions in the danger zone.
President Taft devoted his Milwaukee visit to endorsing postal savings banks as a national measure. He argued government support can encourage thrift, limit private banking risk, and integrate the system into a broader financial framework while noting Canada and border deposits as examples. He stressed practicality, not paternalism, and highlighted the plan’s alignment with GOP principles. He spoke at the New Auditorium and to veterans, then greeted thousands of schoolchildren and crowds along his four hour stop.
Mr Payne defends the tariff bill arguing detailed schedules show overall downward revisions in consumption. He cites Schedule B Bar shen glass ware Schedule C metals Schedule D lusber and tobacco and wine changes to show reduced duties on necessities while luxuries see varied increases. He asserts the Republican platform aimed to lower rates to preserve producer profits and prevent monopolies while avoiding price suppression through foreign competition.
Mary Mannering Hackett and James K Hackett clash in New York over a divorce. The case was dropped then reinstated and assigned Maurice Dolohue as referee after delays. Judge Guy directed no immediate public statement, while Hackett’s counsel and Mannering’s attorney declined to discuss the matter further.
Four Annapolis midshipmen appealed to the Navy Department claiming they were let resign rather than dismissed for alleged inaptitude. They say press reports overstated their fate and seek a fair hearing to present their side before Secretary Meyer. They note one case involved a strong efficiency mark, and contend the word inaptitude was misapplied against them.
ACADEMY records show midshipmen Fagan Dannell Taylor and Flett received five demerits for an error in remastering the term on a boat after a cruise. An unfavourable report from Capt Gove followed. They were detained fifteen days at the academy while the Ivy Department reviewed their cases and asked why they should not be dismissed, with resignation requested.
The Atlantic battleship and cruiser fleet, built of two squads, completes target and battle practice on the southern drift grounds. The Vermont heads to Bridgeport, Conn, while Missouri and Birmingham return. Mississipp i, captains, and other ships prepare for the Hudson Fulton celebration in New York. The crew hopes for the Mississippi River speed cup as four boats race near Old Point.
Hanover farmer Moffatt of Anne Arundel County wired cash to a Russian con artist claiming a Madrid bank loot. He traveled to Spain with up to 200 cash to assist recovery, but the swindle collapsed and he returned home after losing nearly all his funds. The tale blends false nobility, bank schemes, and a failed Spanish expedition.
Army orders list medical reserve officers and staff changes. Detachments and station transfers include Rich Grand Virginia, Omaha Nebraska, St Louis Missouri, New York City, and Ark Springs Hot Springs Arkansas. Names such as Robert Loshman, Fred J Conasimany, Victor Walking, James G Warren, William T Runseil, Oscar Runseul, Jefferson Arena, and others appear with duties and travel outlined for early November.
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