Connecticut western news. [volume] (Salisbury, Litchfield Co., Conn.) 1871-1970, 1907-12-12
News of
A Week
Paragraphic Photographs Of the
Worlds Doings

/
tary of the treasury, reviews the cur
rency stringency and concludes that
'the remarkably sound and prosperous
condition of the country would seem
to warrant the belief that the strain
will leave behind no extensive business
depression. The report shows total
revenue from all sources for the fiscal
year ended June 80 of $S46, TIE, 1902
and total expenditures of $762, 49,
1882, showing a surplus Of $S4,236
5000. OF the receipts the sum of
$3.50, 233 ,362.70 is credited to customs
and $3.50, 666, 772.S5 to internal revenue
The total Of the national debt on the
date named was 81, 457, 1873, 061.54. The
total cash in the treasury amounted to
81, 688, 027, 0S6S3, against which were
liabilities totaling $1,269, AS, 1892.
| Deducting the reserve fund of $50
100000, the available cash was $41S.-
5S1, 1851. Compared with 1906 there
was an Increase in receipts of $84,-
33S, 435 and an increase in expendi-
lures of $25,771, 171.31. The secretary
urges legislation to provide under gov
eminent guaranty a greater elasticity
to the currency.
Governor Hughes issued an order for
the removal of John f. Ahearn from
| the office of president of the borough
of, Manhattan. The charge of breach
of duty brought against Ahearn by the
| City club of New York is sustained by
the governor. That Mr. Ahearn has
been personally corrupt or that he has
profited personally by official miscon-
! duct is emphatically refuted by the
! governor. But the governor finds that
there has been maladministration in
matters seriously affecting the public
welfare and gross breach of official OBJ.
legation. subsequently Ahearn obtain.
ed temporary injunction, restraining
Mayor Mcclellan and County Clerk
/ Dooling from carrying out the govern.
| or's order.
| New York state national banks are
successful bidders for approximately
one-quarter of the issue of Panama
canal per cent bonds, the allotment
! of which was announced at the treas
ury. New York city banks are pur-
chasers of over one-fifth of the entire
issue The largest amount of the new
bonds allotted to any one institution
in the United States is $1.O00,OOO to
the Mechanics National bank of New
York city, for which it paid 102.13 A
large amount of the bonds was taken
by the national banks of Pennsylva-
MIA, and the remainder of the issue
/ will be very widely distributed in the
middle west
The Republican national convention
will meet in Chicago on June 16, 1908.
This decision was reached in Washing.
| ton at the final meeting of the Repub-
lican national committee The vote
stood: Chicago, 81; Kansas City, IS.
and Denver, 4, after which 1t was
made unanimous. 1t was q hard
fought battle, and although the result.
had been generally expected the losing
delegations refused to give up hope
and many impassioned speeches were
the result. The committee elected Har.
ry S. New of Indianapolis chairman
to succeed George B. Cortelyou, re.
signed.
1t is stated that overtures have been
made for an alliance between the Pop.
ulists and William r. Hearst's indie
pendence league for next years ma.
tional campaign. The Populists arc
to hold their national convention In
ST. Louis ON April 2. On Feb. % an
important conference of independence
league leaders is to be held In Chicago
and a committee of Populists is to at.
tend. Some think that should Hearst
and Watson get their organizations to.
gether for the presidential fight of 1908
an interesting situation might develop
Chief Keeper Osborne of the New
Jersey state prison at Trenton has
made all preparations for the exeeu-
ton of Saverio di Giovanni, an italian
murderer who is under sentence to be
electrocuted within the week beginning
at midnight Sunday. This will be the
first electrocution in the state of New
Jersey, and only the persons who have
been summoned as witnesses are sup.
posed to know at what hour the con-
demned man will be executed.
Oscar S. Straus, secretary of com.
merce and labor, in his annual report
recommends that congress take action
for the encouragement Of American
shipping. He upholds President Roose-
velt's policy of federal control OF cor
porations and pleads for remodeling
of our Chinese exclusion laws so that
it may no longer appear that it is the
purpose of the government to keep out
persons of the Chinese race merely be-
cause of their nationality.
Harry NJ. Daugherty of Columbus,
o., announced his candidacy for the
senate to succeed Mr.. Foraker. Mr..
Daugherty is the first Republican
actually to announce his candidacy to
succeed Mr.. Foraker. He, 1t will be re-
membered, defied Senator Hanna BACK
in 1898 and entered the race for gov
ernor against Nash despite Hannas
mandate that he should not and polled
over one-fourth of the votes In the con-
vention.
After a day spent at Wolfert's Roost
with Ex-Governor David b. Hill, DEM