Connecticut western news., 1907-11-07
News of
 A Week
Paragraphic Photographs of the
 Worlds Doings


 engagements to purchase S20,000000 of the capital stock of the Tennessee Coal, Iron and Railroad company for the purpose of turning 1t over to the United States Steel corporation. The price practically agreed upon is said to be from $50 to $50 share. This i'm portant deal has relieved the financial situation in New York of conditions that were retarding the return of con- fidence and nullifying many of the protective measures adopted by the banks. It has been the means of strengthening the position of the Trust Company of America, which held large amount of this stock as collat- eral. The deal involves the outlay of about SIT, ,464 900 in cash.
 The New York Times says there will be no extra session of congress this month unless most unexpectedly there is complete reversal of feeling at the White House and among the cabinet members. The question of accepting the suggestions that have been coming to the president from all over the coun- try in the last few days to summoni congress to meet at once to take up currency legislation and federal cor poration control, which the president has advocated in his recent speeches, was considered at the last cabinet meeting and, in the language of a man who is i'll a position to know, was settled adversely, emphatically."
 I William J. Bryan gave the following interview: "I do not look for any pro longed trouble in the business world. Conditions which made a panic and | depression in 1893 are entirely differ ent now. Then prices were falling be- cause of restricted money supply. Now we are in the midst of a tremen- dous gold production, which gives an abundant money supply and maintains | prices so that business is brisk. The present bank trouble does not show the need of an emergency or asset cur rency. 1 think 1t presents strong argument against an asset currency. As 1t is now there is no doubt about ' the quality of our money"
 | Martin Maloney, the Standard oil magnate, whose daughter Helen re- | gently eloped with Samuel Clarkson, a young Englishman, has effected q reconciliation with his daughter and is now on his way home, Clarllson hay ing returned to London. They may be already in America. Arthur Herbert | Osborn, the young New York broker who after the elopement asserted that Miss Maloney had married him, has become a convert to the Roman Cath. ollie faith, and his marriage has been accepted as legally valid by Miss Ma. | loney's family. The pope is said to have refused to annul the marriage.
 The Chicago Tribune in an article on Speaker Cannon's presidential boom says MT. Cannon is the candidate of great eastern financial interests op. posed to President Roosevelt's policies These interests, it is said, intend to put Governor Hughes in the second place on the ticket to counteract senti. ment against MT. Cannon on account of his age and also to prevent the charge that the ticket is reactionary MT. Cannon, it is further asserted, has Illinois selected.
 The exact amount of money that the late Cassie l.. Chadwick secured from J. W. Friend, Pittsburg car builder. in return for a package of worthless pa. pers is $79S200. This fact was estab. lished when Chief Judge Mitchell of the supreme court made public the deposition dictated by Mrs. Chadwick at the Ohio state prison at the instance | nf fnr Ire Inf i'm gation with Friend and F. N. Hoff. stot, president and vice president oi the Pressed Steel Car company of Pittsburg.
 Secretary Taft, whose martial as. pect has been clouded for want of a horse strong enough to bear him, will no longer of necessity be classed among the swivel chair' warriors The right animal has been found. Two officers detailed upon this mission ran. sacked four states in their search, and finally in a far off corner of Missouri the natural habitat of the army mule the much sought specimen, combining both grace and strength, was found.
 At the recent meeting of the New England Hotel association at Spring field, Mass, there was a strong senti ment in favor of the European plan Of conducting hostelries. It was said that within the next few weeks six of the larger hotels on the circuit of fifty willsraise the present American rate for dinner from 90 cents to $1. This increase was said to be necessary be cause of the advance in price of al food products.
 That the belligerent Ute Indians must work or starve was decided al the conference at the White House be tween the president, Secretary Gar field of the interior department, As sistant Secretary Oliver of the wal department and Commissioner of In dian Affairs Leupp. They discussed the whole problem of the band of In dians who are now located on tho Cheyenne river reservation in Nortl Dakota.
 Mrs. Augustina Lord of Trumbull Conn, whose husband, Henry J. Lord