Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1907-11-28
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Representative Sims of Tennessee has
indicated his intention of introducing at
the coming session of Congress a resolu-
ton of inquiry by what authority Secre-
tary of the Treasury Cortelyou went to
the aid of the banks with the govern
ment's money. Other southern members
are said to share Mr.. Sims hostile atti-
tude toward this policy of the govern
ment.
Postmaster General George Won l..
Myer, at the Philadelphia Union League
meeting, outlined three plans for postal
progress, which will be recommended to
the next Congress, as follows First, the
postage rate on packages to be reduced
from 16 to II cents a pound second, that
limitation of weight of packages to be
increased from to II pounds; third,
parcels post to be authorized from the
point at which the rural delivery route
originates. with rates Of cents for the
first pound and 2 cents for each addi-
tional pound to II pounds.
As the guest and principal speaker at
the banquet of the Jefferson Club of Mil
waukee, W. ]. Bryan made speech re-
garded by many as outlining the platform
for the Democratic party on which he
would be willing to run for President
next year. He said he favored immediate
revision of the tariff on all goods in COM
petition with trust-made articles as a
means of striking down monopoly. He
opposed the national incorporation of
railroads as advocated by President
Roosevelt, saying that the railroads
would be only too glad to get out of State
jurisdiction. He would demand laws pro-
viding for the valuation of the railroads,
TO reduce rates and to prevent stock wat
ering. His idea of a reasonable rate was
such as would let companies keep their
stock at par on honest capitalization. He
would prevent corporate monopolies by
applying the license system to concerns
controlling more than % per cent of the
output of a given industry. lie thought
the money stringency began with specu-
lation at New York, but that the western
banks were sound.
Gov. Stokes of New Jersey has signed
the Colby bill, providing for popular ex-
preston in the selection of United States
Senators. Under this bill 1000 voters
may file a petition with the Secretary OF
State indorsing a member of their polit-
ical party for that Office.
Representative James 4. Tawney OF
Minnesota, chairman of the COMMITTEES
on appropriations of the House of Rep
resentatives, and a number of other Con
gressmen have gone to the isthmus &c
make personal inquiry into The present
and prospective monetary necessities OF
the canal.
Representative Sibley of Pennsylvania
in a published letter says that after a
conversation with the President in Juna
he was convinced that Mr.. Roosevelt
meant Just what he said about not &C.
cepting nomination next year. but thai
four or. eight years hence, bound by No
pledge and in violation of no un1ritter
law doubtless he will be ready to re
spond to any call for public duty.
Joseph N. Choate has been chosen
| president of the National Civil Service
Reform League, which at its recent Buf
| falo meeting commended President Roose
Welt for his enforcement of civil servics
| laws and rules.
4 new enterprise known as the Civic
| Forum has arranged a series OF meetingi
| in Carnegie Hall. New York City, a.
which addresses viii be made by distin
euished men from all parts of the world
| for the purpose of influencing popular
| thought on problems of national interest
In view of the recent serious banB
| crisis in New York City, Gov. Hughes ha
appointed a committee of six prominen'
| bankers of the metropolis TO investigate
| the existing conditions and recommend
needed changes in the law. The com
mites is headed by President Hepburn o.
| the Chase National bank and IS to repor
| by Dec. Is. The members have agree
| 10 serve without pay.