Alexandria gazette. [volume] (Alexandria, D.C.) 1834-1974, 1907-11-18

OF currency that nAu recently OSon WIZ
drawn FROM the banks. In fact, it Is
understood that the President entrusted
largely TO Root the preparations OF the
open to letter Secretary Cortelyou, signed
by the President, which was given to
the press last night. 1t is the expects
ton Of the administration that the csr-
tificatc proposition will meet with di-
rect response. In view of this arrange
ments have been made TO issue tenn
porary receipts to subscribers, these to
be taken up later, and certificates issued
in their places as SOON as they can be
turned out by the Bureau OF Engraving
AID Printing. The certificates will be-
gin to draw interest from Dext Wednes-
day. Much surprise is manifested to-
day that the government was eDabled TO
keep under cover this certificate plan
which is said 10 have betn agreed upon
three days ago. The Panama caoal
bond scheme was allowed to become
public property as soon as Tie
President gave it bis approval. The
recent rush of the national banks
to increase their circulation under the
invitation of the treasury department,
which assured them that gilt-edge State,
municipal and railroad bonds would be
accepted as security, has swamped the
clerks OF the divisions which have 10
handle this subject. 1t is estimated
that there are awaiting examination
from ten TO twelve tons of securities OF
this character. They don't exactly come
in like bales OF hay. but they have been
arriving in large packages, and they
weigh heavily. The process of passing
upon them is necessarily slow. Each
individual bond has to be closely ex-
amined to see that the proper amount oil
coupons is still attached, and to figure
upon the price at which they csn safely
be accepted as collateral. The clerks
are working over time, but 1t will prob
ably be several weeks before they can
complete their tack, as it is job that
none but experts can undertake.
Congratulations for his letter OF re-
assurance and for the Treasury's bond
plan poured in upon the President TO-
day. Nearly every caller that came on
business or to shake the Presidents
hand assured him that the relief measures
would be immediate and lasting.
The u. S. Supreme Court today de-
cided that the State of Georgia had
wrongfully assessed the Central Of Geor-
gia Railway Company, and the Georgia
Railroad and Banking Company on the
stock they held 10 the Western Railway
of Alabama. The decision of the su-
preme court Of Georgia was reversed and
the case remanded back to it. Tie
court held the taxation was taking prop
erty without the due process Of law.
Regis H. Post, OF Porto Rico, is IN
danger of losing his ofhcisl head
Charges have been fled against him and
the President has asked him te show
cause yhy he should not be removed.
In o speech last September he is said to
have called the educational authorities
and missionaries "pharisees," and
threatened to "get" them and "break"
them.
When the representatives of the i've
Central American Republics to the peace
conference, which is being held here,
sumed their sessions this morning, a
number Of resolutions we're presented Tor
discussion concerning the steps TO &c
taken to bring about the establishment
of permanent peace. The delegates are
getting down to the real business OF their
meeting, with cheerful anticipation OF
success.
A bond issue for $500, 900, 900 to pay
for the Improvement Of oil the great
waterway projects in the country was
proposed to the President today by Rep
fesentative Bartholdt. al cannot quote
the Presidents views on the matter"
said DR.. Bsrtholdt, Hbut may say that
I have assurances that the idea 10 in line
with his policies.
The greater Pittsburg law has been de-
Glazed constitutional by the Supreme
Court today. ;,
The u. S. Supreme Court today took
a recess until December 2nd.
TIE government lost q case in The
Supreme Court when that court decided
today that the captain Of ship cannot
be held liable for the landing Of under
sirable aliens who deserted from his
crew.
Several propositions for safe guarding
American ports from foreign disease epidam-
les are being considered for presentation by
the American delegation TO the International
sanitary conference of the American Bepuo-
lies to be held in Mexico city next month.
Sarah A. Howell was today appointed post
master az remlin. Newfoundland county. va.