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Newspaper
Waterloo Evening Courier
Location
Waterloo, Iowa, United States of America
Date
Mar 04, 1926
Page
11
Senator Bayard laments readers passively taking editors at face value and urges readers to think for themselves. The column then surveys Wall Street’s shakeout with a 2 billion dollar paper loss and calm despite a 4.6 point slide in rail stocks.
The Interstate Commerce Commission split over the Van Sweringen merger, praising public transport benefits while condemning minority stockholder treatment. Some commissioners urged affirming approval with conditions, others favored emphasis on transportation and stockholder fairness. the decision hints at broader railroad consolidation policy.
A fragmented 19th century tale from Gilbertville follows Annie Gavin Wraylor in Long Beach seeking value for parcels her father bought in 1858. By tracing Chamhaud's bold plat, the piece contrasts Gilbertville’s boom with its later shrinkage to 76 lots, noting deeds and tax records and a historic public square.
Paul W. Schmidt resigns as fire commissioner in Jowa Gily after the city council rejects his push for new equipment. He argued the Englert theatre fire could have been prevented with better gear, and his campaign for upgrades followed that disaster. The council reportedly agreed against the proposal, prompting Schmidt to quit.
In Beirut on March 4 Dr Ira Dray principal of the rental school at the American University was murdered by his Armenian servant who confessed after entering the doctor’s waters and severing his throat. The servant had shown prior interest in the office secretary and had been in love with the principal. Resentment is said to have prompted the crime.
Paris March 4 The government faced a minor defeat as the Chamber of Deputies adopted amendment 190 to the general project requiring obligatory income tax declarations by 362 to 1. Finance Minister Doumer wanted it sent back to the finance commission, but the chamber overruled him.
National City Bank New York and the People’s Trust of Brooklyn announce a merger creating a bank with total resources of 1.291 billion dollars and deposits of 989.47 million, strengthening National City as the nation’s largest bank. The move comes as petitions circulate for further autonomy in local projects.
Pershing suffers teeth removal and blood pressure rebounded to near normal after treatment in Washington. He rests at Walter Reed Hospital and may stay for observation before returning to South America or considering a trip to France, with officials weighing his health and duties.
The will of A H Aaward filed for probate in 1926 directs Walter B and Tlurry Caward to inherit all real and personal property. They are named executors with power to sell to fund investments and to carry out private bequests to certain relatives as they see fit.
A nine year old girl was killed in Missouri Valley Iowa when struck by a car driven by Brent Keith of Mondamin. The child stepped from behind a parked car into the path of Keith’s machine at a rubbing. Witnesses say Keith was blameless.
An Iowa convict, Ira Moore, escaped from Port Madison and was recaptured in St Paul. He had been among prisoners returning from work and was serving a forgery sentence.
The body of John Worthington of La Salle Street is identified after dying in the federal penitentiary. He will be sent to New Rochelle for official action. His daughter and Mr and Mrs John Rogers are mentioned in relation to the case. Roads and schools are affected by the closure order citing Camel Ron bus service as the cause.
The Courier should be delivered at your home before 5 20 o clock. If via carrier error or other cause you fail to receive your paper by that time please phone 3 LOD. A copy of the paper will be sent. Phone calls answered before 5 50 pm.
Banks’ backing of high grade shares checked a broader decline in New York stocks after a steep fall driven by artificial price inflation. A rally followed as large blocks and bargain hunters steadied prices, while rails and high priced issues led the day’s activity. Commodities moved mixed with wheat and cotton higher, coffee up, and rubber recovering from prior weakness. Analysts viewed the drop as artificial, warning the market may rebound with new securities offerings but cautioning the decline could extend depending on merger influences and earnings prospects.
In Urequwich Connecticut on March 4 a stray or stolen cat reportedly wandered to the newspaper office door. The feline is said to have answered the question by appearing at the door shortly after the paper hit the street.
A noon fire at McKinley School on Linden Ursine and Franklin streets caused about 1500 dollars in roof damage. Firefighters from three engine companies and one ladder truck contained the blaze as students were at lunch. several staff and firemen reported minor injuries from a live wire and falling debris, with repairs to begin immediately.
A quake in the Peloponnese region near Sofia shakes a cliff onto a train, causing wreckage and loss of life. Survivors report cars derailed by rockfall and several passengers killed. Local officials and witnesses describe the disaster as a sudden mountainous landslide meeting railway cars.
Authorities search for Albert Cole 14 who fled while being returned to Eldora reform school. He jumped from a automobile near Ankeny. Deputy Kellogg reports custody and safety measures amid the pursuit. Weather conditions noted as mild with a light breeze today.
A disputed report alleges Jealous Tibetan officials orchestrated a massacre high in the Himalayas during a venture to establish power near the Forbidden City. An expedition led by Mingang vanished 400 miles from Calimpong with 300 tons of electrical equipment lost or destroyed, threatening future Everest attempts.
An inquest into Mrs. Sinia Peeters Lockefeer's death by her own action was postponed to March 12 in Chicago to allow relatives’ attorneys to obtain statements. Her husband Peter Lockefeer filed for divorce, alleging abuse drove the daughter to death. relatives’ attorney accuses Lockefeer of beating his wife and cruelty to children.
Grover Bergdoll the draft evader arrested on seduction charges faces trial within two to three weeks in Mosbach Baden. The attorney general says preliminary evidence supports indictment though no formal filing yet. The trial location is Mosbach.
Des Moines reports Mrs. Charles Patti was arrested by a raiding squad at a farm north of Des Moines, with ASL and seven cartons of alleged materials uncovered. She faces federal arraignment as Robert Adams notes. Her husband, a former restaurant proprietor, is jailed for violating the prohibition law. In a separate item, artillery resumed bombardment at Tet an with casualties and significant damage.
New York dispatch in the World argues a theory that a presidential decision on the Nickel Plate merger was tipped by railroad interests. It notes a recent stock market decline preceding the secession announcement and mentions Professor Ripley's influence, with speculation on quick action by wary operators and the president's stance conveyed to Washington.
Iowa Governor Hammill told the House Agriculture Committee that farmers face unfair losses as one third of the population feeds two thirds. He backed a revolving fund and a small sales tax to stabilize crop prices and urged a concrete plan, with Midwest delegates to draft a bill for committee review.
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