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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Dec 06, 1911
Page
2
President Taft’s message advocates a second trust reform path by preserving the Sherman Act while enacting a federal incorporation act and creating a commission to oversee dissolutions. He argues for a precise, crime based definition of restraint of trade and unfair practices to guide enforcement.
The president endorses a federal incorporation act allowing combinations of capital to become federal corporations with strict organization, procedures, and supervision of stock and bond issues. It would not exempt violators of the Sherman Act and aims to curb big business while clarifying prohibitions. Taft’s plan is viewed as a step toward tighter control before full regulation of profits.
Judge John Gibbons of Cook County advocates a state examined profit sharing plan for firms employing 100 or more. After costs, 7 percent to capital, 10 percent to a contingency fund, the remainder split equally between capitalists and workers. Workers with longer tenure receive proportionally higher pay, aiming to align labor and enterprise welfare. The idea faces critique for its dividend split and potential impact on strikes, yet is treated as a practical incentive if generous to sharers.
A collage of editorial notes argues about public funding and legal influence on juries, Iowa farming shifts to dairy cows, and a call for ethical labor reform as part of broader political commentary. It previews smoke abatement efforts in London with potential lessons for American cities.
The passage notes President Gompers may doubt the McNamaras innocence while the Prosecution would not pick him for the jury. It attacks a crafty detective as corrupt, describing him as a sleuth of the law who corrupts jurymen and is detested for his treachery.
A historic weather note links cold waves to lunar tides, claiming seas and atmosphere respond to sun moon alignments. It details how high or low moon positions influence wave strength, timing, and frost likelihood, with predictions for December 12 28 and nearby dates. It cautions that local conditions vary and weather bureaus miss by a day.
A Courier editor ridicules Prophet Busby for vague weather forecasts claiming success in November and predicting December. The piece argues such vague forecasts mislead, notes usefulness of almanac moon patterns to predict cold waves, and warns that cold spells depend on unclear outcomes like blizzards.
B Parkhurst of Waterloo outlines a study on how lunar phases influence weather. He provides moderate and cold period windows for December to March, noting the January 11 and February 10 waves as likely the most severe, with warmer spells possible when the moon is low.
The clip decries reckless driving after a fatal automobile crash involving James R. Smith. It reprints a tongue in cheek column mocking unsafe pedestrian behavior and urges caution, while offering satirical “tips” that promote crossing streets carefully and respect for motorists.
A brief note suggests a word to the wise is enough for most pedestrians as hints to safety are deemed sufficient. The text emphasizes caution over chatter, warning readers to stay alert and follow basic pedestrian guidance.
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