Revenue Bills Reported to Increase Government Funds
A Republican Majority committee advances two measures to boost federal revenue. One bill resumes duties on wool and related goods, suspends certain schedules until 1898, and tightens imports under acts from 1860 to 1894. The second bill authorizes temporary debt management including bonds and certificates to cover deficits, with Treasury oversight and sale through designated offices. The package aims to fund government needs per President Cleveland’s request.
MENTIONED IN THIS ARTICLE
Dumoertie
Cleveland
Wasitinaron
Eveiatter
Bn Uct
United States
Secretary of the Treasury
United ‘States
Treasury ‘Department
Theles
United Rates
Treasury Department
Thrilling tale of Strathnevis peril and rescue voyage
Port Townsend December report details the Northern Pacific steamship Strathnevis drifting two months after a shaft failure on October 20. Fierce Pacific gales and lim- ited coal reduced speed as Mineola and Miowera aided. near Destruction Island tensions rose before two hawsers finally secured the ship and life was saved.
MENTIONED IN THIS ARTICLE
Port Townsend
Wash
Northern Pacific
Strathnevis
James
Pattie
John Cambles
Mionera
Cape Flattery
Cape
Scott
Destruction Island
McDonald
Baynes
Mineola
Pillsbury
Yale College
Vancouven
B. C
Miowera
Cape Plattery
Morgan scheme to control gold flow by American banks
A Washington special reports J Pierpont Morgan proposes consolidating New York banks into a 66-member Clearing House to regulate gold movement by interest rate shifts. The plan envisions an all American partnership with government backing, elevating New York to parity with London Paris and Berlin in international finance.
MENTIONED IN THIS ARTICLE
London
Paris
Berlin
Interoat
Cuicano
Washington
Morgan- Belmont-Rothschild
Consolidated Banks of
New York
Clearing House Banks
J. Pierpont Morgan
Morgan
France
England
A Plea for Patriotism by New York Produce Exchange
New York December 27 The New York Produce Exchange adopted resolutions urging Congress to act promptly to restore confidence in the U S government’s ability to meet obligations. They call for action per President Cleveland’s recent message and ask representatives to act without political bias, directing copies to the president of the United States Senate the Speaker of the House and ex Members of the New York delegation in Congress.
MENTIONED IN THIS ARTICLE
New York
New York Produce Exchange
United States Treasury
Congress
Cleveland
Exchange
United States Senate
House
MILLIONS OF CENTS AN INSIDE VIEW OF THE MINT
James Crossley of the Philadelphia mint visits the Victoria hotel and says 10,000,000 one-cent pieces have been produced in four weeks. Ten presses run late to fill national merchant orders. Marshall, Field & Co. bought nearly three million cents, with Macey & Co. and Wanamaker also purchasing large quantities. Nickels demand is high but no coins were needed as mints are well stocked.
MENTIONED IN THIS ARTICLE
Philadelphia Mint
Curiaco
James Crossley
William Woods
Victoria Hotel
Crossley
Marshall, Field & Co
Macey & Co
New York
Wanamaker
Philadelphia
AID FOR ARMENIANS MEETING IN CHICAGO
Chicago women organized a relief drive for Armenian funds. At Dr. Sarah Hackett Stevenson’s office they planned a series of entertainments across the city and suburbs to raise money for the Red Cross fund. Subscriptions from merchants and card trades were to be sought, with Miss Clara Barton also slated to join the effort.
MENTIONED IN THIS ARTICLE
Chicago
Sarah Hackett Stevenson
Red ‘Cross Society
Clara Barton
Res. Croas
Pein Chik Joheln
Railway Building Hits Twenty Year Low Amid Decline
The Railway Age reports US railway construction fell to 1,782 miles in 1895, the lowest in two decades except for two earlier years. Texas led with 224 miles. fifteen states showed no mileage increase. The bottom is seen as reached and the era of renewed activity is forecast. East bound lines claim freight rate cuts were tied to preexisting contracts under the presidents’ agreement, which they say will be maintained starting the new year.
MENTIONED IN THIS ARTICLE
Curcago
Pec
United States
New England
Maine
Texas
Moonshiners Defy Raid In Eastern Kentucky Battle
Internal Revenue Agent Colgar and a ten-man posse raided Letcher county moonshine operations as armed moonshiners led by Ixid Greer fought back. A fierce exchange of over 100 shots left Greer wounded. four captured, an 80-gallon still and mash seized. Prisoners jailed in Prestonburg as authorities vow further large-scale raids.
MENTIONED IN THIS ARTICLE
Brexington
Internal Revenue
Colgar
Louisville
Kentucky
Letcher County
Ixid
Greer
Prestonburg
Krag-Jorgensen Rifle a Disappointment Signal
Brig. Gen. Wheaton reports the magazine army rifle underperforms in Colorado. The departmental inspector of small arms practice cites higher losses across distances, with 10.2 percent at 200 yards and up to 27.3 percent at 600 yards. Company commanders largely deem the rifle inaccurate.
MENTIONED IN THIS ARTICLE
Wheaton
Washieaton
Department of the Colorado
Seventh Infantry
Blizzard Strikes Indianapolis Paralyzing City Traffic
A severe blizzard devastated Indianapolis causing widespread outages. By afternoon roads froze, street traffic halted, and telephone and electric wires tangled. At least 50 poles toppled with one horse killed and several people knocked senseless by live wires. Large teams worked to clear lines as generators faltered.
MENTIONED IN THIS ARTICLE
Indianapolis
Ind
Salzer Seed Co expands catalogue trade and store
Riz John A Salzer Seed Co has purchased the Northrup Braslaw Goodwin seed catalogue business and added it to their large operation. The firm, claiming the largest catalogue trade in America, owns lands and grows farm and vegetable seeds. They recently opened a large seed store in La Crosse Wisconsin and will mail their new catalogue for 5 cents postage.
MENTIONED IN THIS ARTICLE
Riz John ‘A. Salzer Seed Co
Northrup, Braslaw, Goodwin’ Co
Minneapolis
Chicago
America
la Crasse
Wis
Also Mentioned on This Page
Figaro
Algers
Emile Heloise
Bellerophon
Channing
Stark Nurseries
Louisiana
Roexport
Joxrs
Col
Hood
Ouglas
Pollathe
W.L. Douglas
Brockton
Mass
Kennedy
Donald Kennedy
Roxbury
Boston
Delong
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