Chicago National Bank (Chicago, IL)

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Episode Information

Episode UID
260101272
Episode Type
Run → Suspension → Closure
Bank Type
national
Bank ID
26010 national
Charter Number
2601
Start Date
December 18, 1905
Location
Chicago, Illinois (41.850, -87.650)

Metadata

Model
gpt-5-mini (chosen from majority vote of a three-model LLM ensemble)
Short Digest
ea7beaec395ad8fe

Response Measures

Accommodated withdrawals, Public signal of financial health, Capital injected, Full suspension, Books examined

Clearinghouse involved: Yes (loan, examination, or other measures)

Events (6)
1. December 15, 1881 Chartered
Source
historical_nic
2. December 18, 1905 Receivership
Newspaper Excerpt
The Chicago National bank will be placed in the hands of a receiver. ... the directors ... resigned and new management appointed by the Clearing House Committee to liquidate the bank's indebtedness.
Source
newspapers
3. December 18, 1905 Run
Cause
Bank Specific Adverse Info
Cause Details
Heavy withdrawals triggered by revelations of John R. Walsh's losses and large loans on his private enterprises; loss of confidence in bank solvency.
Measures
Money staged at paying windows, extra clerks, paid small depositors in currency and issued checks on other banks; clearing house banks provided funds/guarantee.
Newspaper Excerpt
Two hours before the time for opening the bank large crowds were gathered in front of the Chicago National ... Run Started.
Source
newspapers
4. December 18, 1905 Suspension
Cause
Bank Specific Adverse Info
Cause Details
Institutions controlled by John R. Walsh were financially embarrassed by losses and illiquid investments in Walsh's private enterprises, forcing suspension of operations.
Newspaper Excerpt
Three Chicago banks went to the wall this morning ... The Chicago National bank ... did not open for business today.
Source
newspapers
5. December 27, 1905 Other
Newspaper Excerpt
Liquidation of the Chicago National bank ... was announced ... the clearing house banks pledged themselves that depositors would be paid in full and the institutions would 'quit business'.
Source
newspapers
6. August 15, 1913 Voluntary Liquidation
Source
historical_nic

Newspaper Articles (25)
1. December 18, 1905 Evening Times-Republican Marshalltown, IA
Article from Evening Times-Republican, December 18, 1905

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veyed to the people by extra editions of the morning papers. Two hours before the time for opening the bank large crowds were gathered in front of the Chicago National and Home Savings, waiting for the doors to open so they might withdraw their funds. Run Started. Inside the banks ample provision had been made for the impending run, money was laid out in large piles and additional clerks stationed at the paying windows, and arrangements were made in other parts of the banks to pay out money as fast as it was called for. Vice President Blount, of the Chicago National; announced that all demands would be paid as fast as made at both institutions. The Home Savings had the right, under the state law, to demand sixty days' notice of withdrawal from all depositors, but it was decided not to invoke this rule. John R. Walsh kept to home this morning and declined to see anybody. He has not been well for a number of days. Excitement Subsiding. Excitement over the suspension of the two banks had largely subsided by 11 o'clock. There was no crowd around the Chicago National. The offices of the Home Savings are in the same building as the Chicago National and here a line of depositors formed reaching out to Monroe street, and fifty feet west to the corner of LaSalle. A large detail of policemen was in evidence, and assurances of those who had received their money, that the officials of the bank declared everybody would be paid, allayed all excitement. All claims were paid as quickly as pass books were presented. In the Chicago National there was no outward evidence of a run, altho money was being drawn out with great rapidity. Many business men who called were told checks for the amount of their balances would be accepted as deposits at other banks, and they departed without drawing out the actual currency. Small depositors asked for their money, and in every instance it was paid to them. At other banks there was no apparent excitement and no evidence of a run upon any of them. Charles G Dawes, former comptroller of currency, now president of the Central Trust and Savings Bank, declared there was absolutely no danger of any other Chicago bank being involved, nor is there any bank in financial difficulty. Comptroller Ridgely in a statement issued at noon today, says the Chicago National has not failed or closed its doors The bank is embarrassed by investment of a large amount of its assets in unavailable securities, but other Chicago banks have guaranteed payment of all claims against the Chicago National. He says the latter will meet all obligations and pay every dollar immediately. Chicago, Dec. 18.-Mr. and Mrs. Walsh have turned over to the officials of the clearing house all of their property. Ridgely Explains to Shaw. Washington, Dec. 18.-Secretary Shaw received the following telegraph-

2. December 18, 1905 The Daily Tribune Florence, CO
Article from The Daily Tribune, December 18, 1905

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NATIONAL PANIC NARROWLY AVERTED Three Chicago Banks Go to the Wall. Clearing House Comes to Rescue and Prevents a PanicStocks Tumble and Great Excitement Follows. Chicago, Dec. 18--Three big Chicago banks went to the wall this morning. but a national panic is averted. The banks are The Chicago National. Home Savings bank. Equitable Trust Co. They are all forced into liquidation by the heavy losses of their owner, John R. Walsh, who's entire fortune is swept away. He has been a heavy plunger in private enterprises. The Chicago clearing house came to the rescue of the three banks and all depositors are to be paid in full, and a national panic is thereby averted. Wall street operations are in a panic. A terrific decline in stocks 00curred on the exchange. Colorado Fuel and Iron fell 2 points.

3. December 18, 1905 The Laramie Republican Laramie, WY
Article from The Laramie Republican, December 18, 1905

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Chicago, Ill., Dec. 18.-The Chicago National bank, the Home Savings bank and the Equitable Trust company, institutions controlled largely by John R. Walsh, did not open for business today. The Chicago clearing house, after a twelve hours' session, early this morning made the announcement that these institutions were bankrupt, but that the Chicago associated banks had guaranteed every liability and would pay every claim. Hundreds of people gathered about the building sheltering the defunct institutions. Walsh has been rated as one of the wealthiest men of Chicago. Private speculations and operations in railroads, coal lands, quarries and other side lines caused his financial collapse. The Chicago National bank will be placed in the hands of a receiver. The savings and trustee companies will go into the state's hands. The former bank had about $15,000,000 on deposit when the ist statement was made and the Home Savings nearly $1,000,000. Walsh resigned as president of the Chicago National today. The total liabillties of the three institutions are $26,000,000. Wash and his associates have turned over $3,000,000, and local bankers will make up the deficit between the assets and liabilities, if any. J. C. Cooper, speaking for Walsh, said the depositors will be paid in full, and that the loss, if any, will fall on the stockholders. Depositors formed long lines and were paid in checks on other banks. Comptroller Ridgely, who has been here three days, said the trouble was caused by Walsh making large loans on industrial and railway enterprises. Walsh once owned the Evening Times and Evening Post. He sold both and acquired the Chicago Chronicle, which he still controls. The promotion of the Southern Indiana railroad is blamed largely for the collapse. The Chicago National bank has been a factor in local politics for many years. At noon the line of depositors extended a block away from the banks.

4. December 19, 1905 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, December 19, 1905

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500 MEN IN LINE. When the Home Savings Bank Opened This Morning. Chicago, Dec. 19.-Practically normal conditions were restored in local banking circles today and there was not the slightest surface indication of the disturbance caused yesterday by the suspension of the Walsh bank. The runs in the Chicago National and Home Savings banks continued, but there was no excitement whatever around the National bank and but very little in the offices of the Home Savings bank. A large crowd of depositors gathered before the Savings bank about an hour before the time for opening the door and all of them apparently desired to be the first to obtain money. There was but one policeman on duty in front of the building and he was hopelessly overmatched. He sent in a call for aid and in a short time Lieutenant Hartford with a detail of officers had arrived and formed the depositors in a long line. The pushing and shoving to be first through the doors having been stopped by the officers quiet was at once restored. About 500 men were in line when the bank opened and the work of paying them off went on rapidly. It is believed that by tomorrow night the greater part of the deposits in the Chicago National and the Home Savings bank will be withdrawn. United States District Attorney Morrison and State's Attoiney Healy both stated this morning that nothing in connection with the operations of the bank had been called to their attention.

5. December 19, 1905 New-York Tribune New York, NY
Article from New-York Tribune, December 19, 1905

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THREE BANKS SUSPEND J. R. WALSH IN CRASH. Chicago Financiers Guarantee Payment of $26,000,000. [By Telegraph to The Tribune.] Chicago, Dec. 18.-Following the announcement made jointly by the clearing house committee of the Chicago Associated Banks and W. B. Ridgely, the Controller of the Currency in the morning papers to-day- that the three banks here controlled by John R. Walsh-the Chicago National Bank, the Home Savings Bank and the Equitable Trust Company-were financially embarrassed, developments were quick and numerous. The most important fact in the announcement of the bankers, made after a mnineteen-hour meeting, was that the Associated Banks would guarantee that every depositor would be paid in full. This coming upon the heels of the failure of Mr. Walsh's banks was reassuring, not only to the banking fraternity of Chicago, but to the public generally. At no time to-day was there any sign of a panic. Promptly at 10 o'clock this morning long lines of depositors formed at the Chicago National Bank-the home of three Walsh institutionsand with a strong police detail on hand to preserve order the bank's employes began passing out money to depositors and kept it up until the closing hour this afternoon. In this time nearly $6,000,000 of the $26,000,000 deposited in the three institutions had been paid out, and the unpaid depositors outdoors were told to be on hand to-morrow morning, when payments would be resumed. Ample funds had been provided by the other banks of the city, in addition to the available funds of the Walsh banks. Shortly before noon John R. Walsh, president; Fred M. Blount, vice-president, and all the directors of the Chicago National Bank, except C. K. G. Billings, who is in New-York, resigned. They were succeeded by a new orgarization of all the members of the Clearing House Committee of the Chicago Associated Banks, viz.: James B. Forgan, John J. Mitchell, Orson Smith, James H. Eckels. Byron L. Smith, C. K. G. Billings and Charles H. Bosworth. The last named, the national bank examiner who examined the Walsh banks, was elected president of the new organization, whose mission it will be to pay depositors and liquidate the bank's indebtedness. This syndicate has taken over all the assets and liabilities of the Walsh institutions and will try to realize all that is possible from the securities turned over by Mr. Walsh and his associates. These are all valuable, but the col-

6. December 19, 1905 The Topeka State Journal Topeka, KS
Article from The Topeka State Journal, December 19, 1905

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RUN AT BEDFORD. Walsh's Indiana Bank Is Paying Gut Without Help. Bedford, Ind., Dec. 19.-When the Bedford National bank, of which John R. Walsh, of Chicago, is president and principal stockholder, opened for business today, the room soon became filled with small depositors. They were paid as fast as possible. There was little excitement, but the run of small depositors continued. Other banks have offered assistance, but it has been declined as unnecessary. Ridgley's Work Finished. Chicago, Dec. 19.-Comptro!ler Ridgley appeared at the Chicago National bank at noon and spent same time in looking over the work of paying off the depositors. "Everything is going on nicely, and there is nothing more that I can do. My work is finished and I shall return to Washington tonight," he said. Mr. Ridgley declined to say whether any further action would be taken by the government, declaring that a statement in that connection might disclose the evidence in the possession of the government.

7. December 21, 1905 The News & Observer Raleigh, NC
Article from The News & Observer, December 21, 1905

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IT IS BACK TO NORMAL. The Condition in Chicago Banking Circles no Longer Excited. (By the Associated Press.) Chicago, Dec. 19.-Practically normal conditions were restored in banking circles here today, and there was not the slightest surface indication of the disturbance caused yesterday by the suspension of the Walsh Banks. The runs on the Chicago National and the Home Savings Banks continued, but there was no excitement whatever around the National banks. and but very little in the offices of the Home Savings Bank. About 500 men were in line when the savings banks opened, and the work of paying them off went on rapidly. It is believe that by tomorrow night the greater part of the deposits in both the Chicago National and in the Home Savings Banks will be withdrawn. United States District Attorney Morrison, and State's Attorney Healy both stated today that nothing in connection with the operations of the banks had been called to their attention.

8. December 22, 1905 Milford Chronicle Milford, DE
Article from Milford Chronicle, December 22, 1905

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ny THREE CHICAGO to (nBANKS he g siInstitutions Involved in to of John R. Walsh as in e DEPOSITORS LOSE NOT. enChicago, Dec. 19.-Three of th. k Bargest financial institutions in the west, the Chicago National Bank, the is Home Savings Bank and the Equitable eTrust company, all of them controlled 1by John R. Walsh, of Chicago, and in igreat measure owned by him have n suspended operations. Their affairs a will be liquidated as rapidly as possible and they will go out of business. e Mr. Walsh, who was the president f of the Chicago National Bank and of a the Equitable Trust company, and all a the other officers and all the directors S of the Chicago National Bank have resigned. National Bank Eaminer C. H. Boworth has succeeded Mr. Walsh as e the head of the Chicago National Bank, S and the places of the directors have been filled by men appointed by the ' Chicago Clearing House. Back of the new management stand b the allied banks of Chicago, which have pledged their resources that every depositor. shall be paid to the last cent, and that no customer of any one of the three institutions shall lose anything by reason of the suspension. This action prevented a disastrous financial panic. The immediate cause of the collapse of the institutions controlled by Mr. Walsh-is said to be the large amount of money which they have lent to various private enterprises of his, notably the Southern Indiana railway and the Bedford Quarries company, of Indiana. Mr. Walsh says that if he could have had a little more time and been left untrammeled in his operations he could have saved his banks and made enormous profits for himself and his associates. He bases this statement on his estimate of the value of the bonds of the Southern Indiana Railroad company. The liabilities of the three institutions are estimated in the aggregate at $26,000,000. Against this amount the banks and the trust company have resources that are, on a concervative estimate, worth $16,000,000. The bonds of the Southern Indiana Railroad company are estimated by Mr. Walsh at $16,000,000. They are considered by the comptroller, the state auditor and the clearing house committee to be worth a little more than half of that sum. The directors of the two banks. as well as Mr. Walsh, who has turned all of his private property, as well as that standing in the name of Mrs. Walsh, have pledged real estate and securities 0 valued at $5,000,000, making a total in assets of $29,000,000. estimating the railroad bonds at $8,000,000, against A $26,000,000 liabilities. at The deposits in the bank were $14, 483,000 and there is due to other banks PE $2,038,851. The following statement was issued by Comptroller Ridgely: "A misunderstanding seems to exist as to what has happened to the Chicago National Bank. This bank has not failed or closed its doors. It has been embarrassed by the investment of its assets in unavailable securities, but the banks of Chicago have come to its relief. and have guaranteed the payment in full on demand, of all the creditors of the Chicago National Bank. The bank is open for business as usual, with these guarantees behind it that it will meet all its obligations and every dollar at once."

9. December 27, 1905 The Miller Sun Miller, SD
Article from The Miller Sun, December 27, 1905

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HREE BANKS QUIT. ICAGO INSTITUTIONS OF JOHN R. WALSH GO OUT. icago National, Equitable Trust Company and Home Savings Bank Close Business-Two Banks Alone Carry $22,500,000 of Deposits. Liquidation of the Chicago National nk, the Home Savings Bank, and , Equitable Trust Company, all of icago, was announced at 3:30 lock Monday morning by representves of the Chicago Clearing House sociation, after a session lasting thteen hours. James B. Forgan, esident of the First National Bank, head of the clearing house commit: of the Chicago Associated banks, ve forth the statement. The assets these institutions. it was asserted, re involved in coal* and railway perties of John R. Walsh, Presiit of the Chicago National Bank. el statement was issued in the office the First National Bank. It is as lows: "The citizens of Chicago will unibtedly be surprised to learn that : Chicago National Bank, the Home vings Bank, and the Equitable Company, which have been conlled, managed, and officered by in R. Walsh and his associates e concluded to wind up their afrs and quit business in the city of icago, but they will be gratified to rn that after a thorough and careexamination of their affairs by the icago Clearing House banks that of the depositors of these instituas will be pand in full upon dend, the Chicago clearing house ks having pledged themselves to s result, thus putting all the rerees of the Chicago banks behind depositors of these three instituis. The difficulty with the instituhs has been that their investments e been made in assets connected h the railway and coal enterprises John R. Walsh. These assets were immediately available to meet deits in full." The meeting of the Chicago Clearing use Association began at noon Sun. Notices were sent members of the rd by Mr. Forgan after the condition the banks and the trust company had n learned. Clerks were notified and y or more with their stenographers ried to the First National bank. Bed closed doors the Clearing House sociation began its work of finding a y that might enable them to ride the incial sea in safety. That a panic would be likely to fol- was the first thought of the comtee. Resolutions were adopted and ds of other banks pledged themselves give assistance. The amount involvin the failure would not be discussed the committee members. in addition to the formal statement the failure, the following announcent was made, signed by the clearing ise committee of the Chicago assocbanks: pa To the Public: Depositors of the Chio National bank, the Home Savings k. and the Equitable Trust Company

10. March 10, 1906 Morris Tribune Morris, MN
Article from Morris Tribune, March 10, 1906

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creasingly difficult to give the necessary time and attention to the performance of their duties as corporation directors. Pursuant to this policy their resignations had already been sent in. The action is generally interpreted as the result of the insurance investigation, although the firm said it had been decided upon a year ago. Ship Trust Syndicate Ends. The $50,000,000 syndicate organized by J. P. Morgan & Co. four years ago for the purpose of floating the $170,000,000 International Mercantile Marine company known as the ship trust, was closed up, March 1, with a loss to its members aggregating $5,625,000. Walsh to Resume Banking. John R. Walsh, whose banking and railroad business failed through federal interference a few weeks ago, is understood to have come out of the sale of his properties $5,000,000 ahead of the game, and he expects to resume control of the affairs of the Chicago National bank. Cash Buyers' Union Held Up. A postal investigation of the Cash Buyers' Union First International Cooperative Society of Chicago has resulted in the beginning of involuntary bankruptcy proceedings, and a receiver has been appointed. It is alleged that the concern has used the mails to sell $1,000,000 worth of stocks to farmers and workingmen. Fish Out of Mutual. Owing to the refusal of President Peabody of the Mutual Life to furnish the investigating committee with certain information affecting the transactions of trustees Stuyvesant Fish has resigned from the board of trustees. Shaw Aids Money Market. Secretary of the Treasury Shaw announced, March 2, that to meet stringent money conditions he would deposit $10,000,000 in the depository banks of several large cities, "satisfactory bonds" being accepted as security and the funds returnable in July.

11. May 16, 1907 River Falls Journal River Falls, WI
Article from River Falls Journal, May 16, 1907

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Counsel for state and prisoner entered at once in a business-like way upon the examination of prospective jurors, and kept steadily at the task for five hours. No juror was finally accepted, but substantial progress was made and the indications at the close of the session were that a jury would be obtained in ten days. The case was adjourned three days to obtain a new panel. Queen Victoria, of Spain, gave birth to a son and the entire country rejoiced. The baby was formally presented to the court and diplomats by the king, who also proclaimed a public holiday and pardoned thousands of prisoners. The newly-born Spanish prince was named Alfonso Pio Christins Eduardo. Incendiary fires in Paris destroyed a cartridge factory and a metal works, the loss being about $2,000,000. Two masked highwaymen held up a station agent of the Chicago Metropolitan elevated road and escaped with $12. Both the strikers and the street car company in San Francisco refused to arbitrate their trouble. Experimental trips showed the cars could not be run without heavy police guards and that the police force is inadequate to supply protection for a real resumption of the service. Mexico decided not to press to the point of war her demand on Guatemala for the extradition of Gen. Jose Lima, but to show her displeasure by sending her minister to Salvador, leaving the legation in charge of a consul. The heads of the steamship companies in New York included in the International Mercantile Marine company served notice upon the striking longshoremen that unless the latter returned to work within a week their places would be filled. Brig. Gen. Orlando E. Willcox, U. S. A., a retired, former governor of the National Soldiers' home at Washington, died at Coburg, Ont., aged 85. The body of Miss Aurora Wittebort, the artist, who lost her life in the destruction by fire of the University building in Kansas City, was recovered from the ruins. Nine persons were badly injured near Edwardsville, Ill., by a collision on an interurban electric road. Harry Cole, suspected of being one on the North Coast train robbers, was killed by a Butte policeman as he was trying to escape from custody, and a mob tried to lynch another officer who they thought shot Cole. Mrs. Michael Pendergast, of Sterling, Ill., stepped on a match, set fire to her clothing and burned to death. W. R. Fulton shot and dangerously wounded his wife, from whom he had been separated, in Wichita, Kan. Fulton was pursued by a crowd and surrounded in a freight yard. After a battle with revolvers he escaped, but is believed to have committed suicide. Two persons were killed, two fatally injured and ten badly hurt when a train broke through a trestle near Flemingsburg, Ky., and fell 50 feet into a creek. Dr. T. B. Rider was probably fatally stabbed in Hot Springs, Ark., by Dr. A. N. Williams, one of the best known physicians in the city. Thomas S. Marshall, cousin of William J. Bryan, and a member of the Illinois state board of agriculture, filed a petition in bankruptcy in the United States court at East St. Louis, fixing his liabilities at $300,000. The heaviest creditors are the trustees of the Chicago National bank, of which John R. Walsh was president at the time of its failure. Among his creditors is W. J. Bryan, to whom $6,000 is due. The Penn-Wyoming Copper company's smelter, tramway terminal and crushers at Grand Encampment, Wyo., were destroyed by a fire believed to have been of incendiary origin. The loss was over $100,000. Troops and engineers have been sent to Stromboli to render assistance to the islanders, whose exodus, due to the volcanic outbreak, continues, while many of those who remain are destitute. Abraham Hummel, the New York lawyer who was convicted of conspiracy in the Dodge-Morse divorce case, was sentenced to one year in state prison and to pay a fine of $500. The Master Builders' association of Berlin and its suburbs decided to lock out all masons and bricklayers assisting building workmen on May 18. Over 100,000 men are affected by this decision. Capt. A. Krech, of the Hamburg-American line steamer Graf Waldersee, one of the oldest commanders in the transatlantic service died on board his ship while the steamer was in midocean. William Schellhas, a prominent brewer of Winono, Minn., died from pneumonia. The business section of Gibson, Mo., was almost wiped out by fire. Five of the seven stores and two residences were destroyed. Armed bandits are reported to be committing depredations in the Songo district of Santiago and near Manacas, Santa Clara. Excavators on Palatine hill in Rome, uncovered the ruins of a church used by emperors in the fifth century. The University building in Kansas

12. May 16, 1907 Audubon Republican Audubon, IA
Article from Audubon Republican, May 16, 1907

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# BRIEF NEWS NOTES FOR THE BUSY MAN MOST IMPORTANT EVENTS OF THE PAST WEEK TOLD IN THE CONDENSED FORM. # ROUND ABOUT THE WORLD Complete Review of Happenings of Greatest Interest from All Parts of the Globe-Latest Home and Foreign Items. Queen Victoria, of Spain, gave birth to a son and the entire country rejoiced. The baby was formally presented to the court and diplomats by the king, who also proclaimed a public holiday and pardoned thousands of prisoners. Both the strikers and the street car company in San Francisco refused to arbitrate their trouble. Experimental trips showed the cars could not be run without heavy police guards and that the police force is inadequate to supply protection for a real resumption of the service. Mexico decided not to press to the point of war her demand on Guatemala for the extradition of Gen. Jose Lima, but to show her displeasure by sending her minister to Salvador, leaving the legation in charge of a consul. The heads of the steamship companies in New York included in the International Mercantile Marine company served notice upon the striking longshoremen that unless the latter returned to work within a week their places would be filled. Brig. Gen. Orlando B. Willcox, U. S. A., a retired, former governor of the National Soldiers' home at Washington, died at Coburg, Ont., aged 85. The body of Miss Aurora Wittebort, the artist, who lost her life in the destruction by fire of the University building in Kansas City, was recovered from the ruins. Nine persons were badly injured near Edwardsville, Ill., by a collision on an interurban electric road. Harry Cole, suspected of being one on the North Coast train robbers, was killed by a Butte policeman as he was trying to escape from custody, and a mob tried to lynch another officer who they thought shot Cole. Mrs. Michael Pendergast, of Sterling, Ill., stepped on a match, set fire to her clothing and burned to death. W. R. Fulton shot and dangerously wounded his wife, from whom he had been separated, in Wichita, Kan. Fulton was pursued by a crowd and surrounded in a freight yard. After a battle with revolvers he escaped, but is believed to have committed suicide. Two persons were killed, two fatally injured and ten badly hurt when a train broke through a trestle near Flemingsburg, Ky., and fell 50 feet into a creek. Dr. T. B. Rider was probably fatally stabbed in Hot Springs, Ark., by Dr. A. N. Williams, one of the best known physicians in the city. Thomas S. Marshall, cousin of William J. Bryan, and a member of the Illinois state board of agriculture, filed a petition in bankruptcy in the United States court at East St. Louis, fixing his liabilities at $300,000. The heaviest creditors are the trustees of the Chicago National bank, of which John R. Walsh was president at the time of its failure. Among his creditors is W. J. Bryan, to whom $6,000 is due. The Penn-Wyoming Copper company's smelter, tramway terminal and crushers at Grand Encampment, Wyo., were destroyed by a fire believed to have been of incendiary origin. The loss was over $100,000. Troops and engineers have been sent to Stromboli to render assistance to the islanders, whose exodus, due to the volcanic outbreak, continues, while many of those who remain are destitute. Abraham Hummel, the New York lawyer who was convicted of conspiracy in the Dodge-Morse divorce case, was sentenced to one year in state prison and to pay a fine of $500. The Master Builders' association of Berlin and its suburbs decided to lock out all masons and bricklayers assisting building workmen on May 18. Over 100,000 men are affected by this decision. Capt. A. Krech, of the Hamburg-American line steamer Graf Waldersee, one of the oldest commanders in the transatlantic service died on board his ship while the steamer was in midocean. William Schellhas, a prominent brewer of Winono, Minn., died from pneumonia. A pitched battle between strikebreakers in the uniforms of car inspectors and strikers and their sympathizers was fought in San Francisco for more than an hour. Eight men were shot, among them a policeman, and one of the wounded men died in the night. Irvine L. Lenroot, of Superior, Wis., withdrew from the senatorial race without making any requests as to the future course of his followers. The life insurance companies intimate that they will withdraw from Texas when the new insurance law of that state becomes effective June 1. Indictments charging violation of the Elkins anti-rebating law were handed down by a federal grand jury in New York against the Chicago, Rock Island & Pacific railroad, the Ontario & Western railroad, the Chicago, Milwaukee & St. Paul railroad and the Western Transit company. The entire leper colony of D'Arcy Island, B. C., consisting of eight Chinese, has been sent back to China. Eleven of the 13 Italians who had been on trial at Wilkesbarre, Pa., charged with "Blackhand" crimes were declared guilty. The other two defendants were acquitted. Seven battalions of Turkish troops, about 6,500 men, were practically annihilated in a battle with rebels in the province of Yemen, Turkish Arabia.

13. May 17, 1907 The Bottineau Courant Bottineau, ND
Article from The Bottineau Courant, May 17, 1907

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Pierce, head of the Waterson company, St. Louis on the rePierce self n. in Clay surrendered indictment himturned against him in Texas charging perjury. and was released on bonds. Shriners at Los Angeles selected St Paul for the conclave of 1908, the dates being July 13 to 18. Gov. Magoon appointed Cuban delegates to the second peace conference at The Hague as follows: Antonio De Bustamente, Gonzalo De Queseda, the Cuban minister in the United States, and Manuel Sanguily Overtes Ferrera has been made secretary to e legation hen the trial of William D. Hay wood for the murder of former Gov. Steunenberg opened at Boise. Idaho, counsel for state and prisoner entered at once in a business-like way upon the examination of prospective jur- for ors, and kept steadily at the task five hours. No juror was finally accepted, but substantial progress close was made and the indications at the would of the session were that a jury be obtained in ten days. The case was adjourned three days to obtain a new panel. Queen Victoria, of Spain, gave birth rea son and the entire country joiced. to The baby was formally presented to the court and diplomats by the king, who also proclaimed a public holiday and pardoned thousands of prisoners. The newly-born Spanish prince was named Alfonso Pio Christins Eduardo Incendiary fires in Paris destroyed works, a cartridge factory and a metal the loss being about $2,000,000. Two masked highwaymen held up a station agent of the Chicago Metropol- with itan elevated road and escaped $12. Both the strikers and the street car company in San Francisco refused to arbitrate their trouble. Experimental be showed the cars could not heavy police to the police force is that trips run without inadequate guards resump and supply protection for a real tion of the service. Mexico decided not to press to the point of war her demand on Guatemala for the extradition of Gen. Jose Lima, but to show her displeasure by sending her minister to Salvador, of a leaving the legation in charge consul. The heads of the steamship companies in New York inclu ied in the International Mercantile Marine company served notice upon the striking longshoremen that unless the latter returned to work within a week their places would be filled. Brig. Gen. Orlando B. Willcox, U. the a retired, former governor of National A., Soldiers' home at Washington, died at Coburg, Ont., aged 85. The body of Miss Aurora Wittebort, dethe artist, who lost her life in the struction by fire of the University building in Kansas City, was recovered from the ruins. Nine persons were badly injured near Edwardsville, III., by a collision on an interurban electric road. Harry Cole, suspected of being one the North Coast train robbers, was killed on by a Butte policeman as he was trying to escape from custody, and who a mob tried to lynch another officer they thought shot Cole. Mrs. Michael Pendergast, of SterlIII., stepped on a match, set death. fire ing, to her clothing and burned to W. R. Fulton shot and dangerously had wounded his wife, from whom he Fulbeen separated, in Wichita, Kan. ton was pursued by a crowd and sur a rounded in a freight yard. After but battle with revolvers he escaped, is believed to have committed suicide. Two persons were killed, two fatally injured and ten badly hurt when a train broke through a trestle near feet Flemingsburg, Ky., and fell 50 into a creek. Dr. T. B. Rider was probably fatal- by Stabbed in Hot Springs, Ark., best ly Dr. A. N. Williams, one of the known physicians in the city. Thomas S. Marshall, cousin of Wil- the liam J. Bryan, and & member of Illinois state board of agriculture, the filed a petition in bankruptcy in United States court at East St. Louis, fixing his liabilities at $300,000. trusThe heaviest creditors are the of tees of the Chicago National bank, which John R. Walsh was president his the time of its failure. Among at creditors is W. J. Bryan, to whom $6,000 is due. The Penn-Wyoming Copper com- and smelter, tramway terminal crushers pany's at Grand Encampment, Wyo., to were destroyed by a fire believed The have been of incendiary origin. loss was over $100,000. Troops and engineers have been to Stromboli to render assistance to sent the islanders, whose exodus, due to the volcanic outbreak, continues, are while many of those who remain destitute. Abraham Hummel, the New York lawyer who was convicted of conspirin the Dodge-Morse divorce state case, acy was sentenced to one year in of prison and to pay a fine of $500. The Master Builders' association Berlin and its suburbs decided to lock

14. May 17, 1907 The Yale Expositor Yale, MI
Article from The Yale Expositor, May 17, 1907

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# TRIAL OF HAYWOOD wood for the murder of former Gov. Steunenberg opened at Boise, Idaho, counsel for state and prisoner entered at once in a business-like way upon the examination of prospective jurors, and kept steadily at the task for five hours. No juror was finally accepted, but substantial progress was made and the indications at the close of the session were that a jury would be obtained in ten days. The case was adjourned three days to obtain a new panel. Queen Victoria, of Spain, gave birth to a son and the entire country rejoiced. The baby was formally presented to the court and diplomats by the king, who also proclaimed a public holiday and pardoned thousands of prisoners. The newly-born Spanish prince was named Alfonso Pio Christins Eduardo. Incendiary fires in Paris destroyed a cartridge factory and a metal works, the loss being about $2,000,000. Two masked highwaymen held up a station agent of the Chicago Metropolitan elevated road and escaped with $12. Both the strikers and the street car company in San Francisco refused to arbitrate their trouble. Experimental trips showed the cars could not be run without heavy police guards and that the police force is inadequate to supply protection for a real resumption of the service. Mexico decided not to press to the point of war her demand on Guatemala for the extradition of Gen. Jose Lima, but to show her displeasure by sending her minister to Salvador, leaving the legation in charge of a consul. The heads of the steamship companies in New York included in the International Mercantile Marine company served notice upon the striking longshoremen that unless the latter returned to work within a week their places would be filled. Brig. Gen. Orlando E. Willcox, U. S. A., a retired, former governor of the National Soldiers' home at Washington, died at Coburg, Ont., aged 85. The body of Miss Aurora Wittebort, the artist, who lost her life in the destruction by fire of the University building in Kansas City, was recovered from the ruins. Nine persons were badly injured near Edwardsville, Ill., by a collision on an interurban electric road. Harry Cole, suspected of being one on the North Coast train robbers, was killed by a Butte policeman as he was trying to escape from custody, and a mob tried to lynch another officer who they thought shot Cole. Mrs. Michael Pendergast, of Sterling, Ill., stepped on a match, set fire to her clothing and burned to death. W. R. Fulton shot and dangerously wounded his wife, from whom he had been separated, in Wichita, Kan. Fulton was pursued by a crowd and surrounded in a freight yard. After a battle with revolvers he escaped, but is believed to have committed suicide. Two persons were killed, two fatally injured and ten badly hurt when a train broke through a trestle near Flemingsburg, Ky., and fell 50 feet into a creek. Dr. T. B. Rider was probably fatally Stabbed in Hot Springs, Ark., by Dr. A. N. Williams, one of the best known physicians in the city. Thomas S. Marshall, cousin of William J. Bryan, and a member of the Illinois state board of agriculture, filed a petition in bankruptcy in the United States court at East St. Louis, fixing his liabilities at $300,000. The heaviest creditors are the trustees of the Chicago National bank, of which John R. Walsh was president at the time of its failure. Among his creditors is W. J. Bryan, to whom $6,000 is due. The Penn-Wyoming Copper company's smelter, tramway terminal and crushers at Grand Encampment, Wyo., were destroyed by a fire believed to have been of incendiary origin. The loss was over $100,000. Troops and engineers have been sent to Stromboli to render assistance to the islanders, whose exodus, due to the volcanic outbreak, continues, while many of those who remain are destitute. Abraham Hummel, the New York lawyer who was convicted of conspiracy in the Dodge-Morse divorce case, was sentenced to one year in state prison and to pay a fine of $500. The Master Builders' association of Berlin and its suburbs decided to lock-out all masons and bricklayers assisting building workmen on May 18. Over 100,000 men are affected by this decision. Capt. A. Krech, of the Hamburg-American line steamer Graf Waldersee, one of the oldest commanders in the transatlantic service died on board his ship while the steamer was in midocean. William Schellhas, a prominent brewer of Winono, Minn., died from pneumonia.

15. October 31, 1907 The Citizen-Republican Scotland, Parkston, SD
Article from The Citizen-Republican, October 31, 1907

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# CHICAGO BANKS ON # A CHECKING BASIS Chicago, Oct. 30. -The banks of this city are today largely upon a checking basis. They refuse to pay out large amounts of currency, and will not return to paying cash until the financial condition in the east improves. Depositors seeking today to withdraw their money were given checks on the bank instead. Commercial depositors were allowed to draw the full amount of their balances, but they must accept bank checks instead of currency. The rule requiring savings bank depositors to give thirty days' notice before drawing out less than $100, and sixty days' notice before drawing out more than $100 was also put in force.

16. November 1, 1907 The Worthington Advance Worthington, MN
Article from The Worthington Advance, November 1, 1907

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# NOT GIVEN ACTUAL CASH. Chicago Depositors Paid by Check on Withdrawal. Chicago, Oct. 28. -The banks of this city are largely upon a checking basis. They have taken the step of refusing to pay out large amounts of currency and will not return to the former manner of doing business until the financial condition in the East improves. In all banks belonging to the Clearing-house association or affiliated with it depositors seeking to withdraw money were given checks of the bank itself instead of the actual cash. The depositors are allowed to draw the full amount of their balances, but they were compelled to accept the bank's checks instead of currency. The rule requiring savings bank depositors to give thirty days' notice before drawing out less than $100 and sixty days' notice before drawing out more than $100 was also put in force.

17. November 23, 1907 The Maui News Wailuku, HI
Article from The Maui News, November 23, 1907

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Head Officials of a Bank to be Prosecuted for Larceny.----Mrs. Hartje Wins.----A Family is Cremated. A TAHITIAN PRINCE IS JAILED. Runs Expense Account He Cannot Pay and is Arrested for Dodging Autorrobile Bills.-Japanese Make Charges Against Swansey. (SPECIAL TO THE MAUI NEWS.) Sugar 96 deg. test 3.80 Beets 9s. 3d. HONOLULU, November 22.-Alexander Garvie is dead as a result of an operation for kidney trouble. Wallach demands changes in the proposed agreement with the Board of Health whereby he is to treat lepers. As a result of this the row may be reopened. The Japanese accuse Swansey of announcing the Vancouver riots. They say it is a scheme of the Hawaiian planters to hold the Japs here in the islands. SAN FRANCISCO, November 22.-Prince Salmon is in jail here. MELBOURNE, November 22.- In the automobile long distance race here one machine made 774 miles in twenty four hours. ,NEW YORK, November 22.-The President, the Cashier, and one of the directors of the Brooklyn Bank have been arrested as a result of an indictment charging them with larceny. MUSKOGEE, November 22.-The next Trans-Mississippi Congress will be held in San Francisco. PHILADELPHIA, November 22.-Mrs. Hartje has won the final decision in the divorce case. HAMBURG, November 22.--Moeller, the manufacturer of shellac and candles has failed for two million dollars. MARIETTA, November 22.-Edgar Grubb, his wife and two children were cremated here today by the burning of their house. NEWTON, Mass. November 22.-Mrs. Hodges killed herself and two sons by asphyxiation. HONOLULU, November 21.-Rev. Doremus Seudder was yesterday installed as Pastor of Central Union Church. Work has begun on the leprosarium. Attorney General Hemenway has decided that the Government can cut wood from the Forest Reserves and sell the same. Acting-Governor Mott-Smith has refused Consul General Miki Saito a transcript in the Lovell trial. HONOLULU, November -Consul General Saito has requested an abstract of the evidence in the Kauai murder case. Harmon, President of the Mormon Church at Laie, is to be arrested for subordination of perjury. The constitutionality of the liquor law has again been attacked. The Kihei deal may be delayed but it will be completed. COLUMBUS, O., November 21.-A league of Republican Clubs has endorsed Foraker for President. WASHINGTON, November 21.-Miss Shonts will marry the Duke of Chaulneas. CALCUTTA,November 21.-Striking engineers havestopped transportation and 6000 passengers are held up in traffic. WASHINGTON, November 20.-Mrs. Bradley swore that she did not know she fired the shot that killed Senator Brown. Hereafter gradunting exercises at West Point will be held in February. TOKIO, November 20.-Japan will limit Japanese immigration. SACRAMENTO, November 20.-The Senate has approved four amendments to the San Francisco Charter. MUSKOGEE, November 20.-Governor Frear has introduced a resolution recommending the deepening of Pearl Harbor and inviting the Atlantic fleet to visit Hawaii. HILO, November 19.-C. C. Kennedy was married yesterday evening to Mrs. Laura Marsh at San Jose California. They will arrive on the Enterprise. HONOLULU, November 20.--The Supereme Court issued a writ of habeas corpus yesterday in the case of Attorney Vivas sentenced to five days imprisonment by the District of Court Wailuku for contempt of court. The County Supervisors held a peaceful meeting last night. The Steamer Admiral Boreson, from Seattle to China with lumber put into Honolulu yesterday dismasted and with her deck load of lumber washed away as a result of a tidal wave. MONTGOMERY, November 20.--Alabama voted yesterday to become a dry state. LONDON, November 20.--The profits of the round trip of the Lusitania were $60,000. NEW YORK, November 20.-Mrs. Leslie Carter, the actress, is bankrupt. CHICAGO, November 20.-The banks here are ready to resume business on a cash basis. They will redeem all clearing house certificates.

18. November 30, 1907 The Irish Standard Minneapolis, Saint Paul, MN
Article from The Irish Standard, November 30, 1907

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DENY SIGNING WALSH NOTES PAPERS IN CASE OF BANKER ARE REPUDIATED. Former Employes of Chicago Insth tution Take the Witness Stand. Chicago, Nov. 26. - Information about the country tapped by two of the small railroad lines said to be controlled by John R. Walsh was drawn from witnesses who took the stand when the trial of the former president of the Chicago National bank was resumed before Judge A. B. Anderson in the federal court Monday. Witnesses were called to the stand in rapid succession by the prosecution to testify that they did not sign or authorize the signing of their names to memorandum notes said to have been found in the Chicago National bank after its suspension with similar names attached. Much time was expended on the examination of J. F. Jackson, who was taken in hand by Assistant District Attorney Dobyns and asked many questions regarding the physical surroundings of the Wisconsin & Michigan Railway company. Jackson testified that he now lives in Chicago and works for a wholesale house here. but that from 1902 until last year he sted as general passenger and freight agent for the Wisconsin & Michigan road. Asked the route of that road, Witness Jackson said: "The road runs from Peshtigo, on Green bay, in Wisconsin, to Cundy, in Michigan. Peshtigo is a town of about 2,500. Cundy isn't a. town. There's nothing there but the station. But Iron Mountain is only three miles away. "The biggest. place on the road is the town of Norway, Mich., which has about 5,000 population. But the Wisconsin & Michigan road has trackage rights over the St. Paul road to Me. nominee and Marinette, Wis., both places of about 15,000 people." The witness testified that the St. Paul road runs about 20 miles away from the Wisconsin & Michigan line on one side and the Northwestern road about ten miles distant on the other side. He was asked if he knew what effect that location of the Wisconsin & Michigan railroad had on the rates it. was able to charge on lumber. He did not know positively, he said. In conclusion the witness was asked if there were any timber lands within 100 miles of the railroad. He replied there were, and that the nearest could be reached by building from six to ten miles of railroad. Witness Jack son concluded his testimony by denying he signed any note payable to the Chicago National bank.

19. December 21, 1907 The Montgomery Advertiser Montgomery, AL
Article from The Montgomery Advertiser, December 21, 1907

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ACCOUNTS PROPERLY KEPT. Auditor Williams on Stand in the Walsh Trial. Chicago. Dec. 20.-At the trial of John R. Walsh. President of the Chlcago National Bank today for the alleged misappropriation of the funds of the bank, A. F. Williams, Auditor of the Illinois Southern and Southern Indiana Railway was cross examined by John S. Miller for the defense. The Government had maintained that Williams's direct examination showed improper entries to have been made on the railroad construction accounts to swell them and make the properties appear of greater value. Mr. WilItams stated that the railway accounts were correctly kept in accordance with the regulation of the Interstate Commerce Commission. Walsh, he said, had given him no instructions concerning the accounts. Mr. Williams testified that the surplus net earnings of the Southern Indiana for the year 1904-1905 amounted to $1,006,368. December 18, 1905, there were outstanding $7,528,000 of first mortgage bonds for which $6,415,200 had been received and $2,000,000 of bond certificates for which there had been received $1,815,000. a total of $9.526,000 of outstanding securities for which $8.230.200 had been received. National Bank Examiner E. P. Moxey was again recalled to the witness stand. He was asked to Identify four balance books which should be prepared by him and his assistants, and which purported to show a recapitulation of investments made by the three Walsh banks from 1892 to the date of suspension of the institutions. Mr. Walsh's attorneys objected on various technical grounds to the introduction of the books. Judge Anderson said that the books were competent evidence but said he would listen to further argument tomorrow.

20. January 2, 1908 The Nevada County Picayune Prescott, AR
Article from The Nevada County Picayune, January 2, 1908

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MISCELLANEOUS Jan. 2-First Vice-President McCrea elected president of Pennsylvania lines succeed late A. J. Cassatt. 3-Federal to Judge Landis decided at Chithat Standard Oil Co. must stand cago trial on eight of ten indictments returned against it. 14-Grand jury at Findlay, O., returned Oil 939 indictments against Standard Co. and subsidiary companies for conspiracy in restraint of trade. 15-Federal grand jury at Chicago indicted John R. Walsh in connection with failure of Chicago National bank. 23-Judge Hallam, at St. Paul, issued or- ofder enjoining J. J. Hill and other ficials of Great Northern railway from making proposed increase of $60,000,000 in stock Feb. 18-Wisconsin state railway commission ordered railroads of state to give flat 2½-cent passenger fare. 26-John F. Stevens resigned as chief engineer of Panama canal and president named Maj. G. W. Goethals as chairman of commission and engineering chief of work. Mar. 1-Suit filed at Boston against Mrs. Mary Baker G. Eddy. leader of Christian Science faith, by G. W. Glover, her son, asking accounting of property and appointment of receiver. Mar. 4-New Mexico house passed resolution to investigate conduct of Gov. Hagerman in regard to alleged timber land frauds. 7-Mayor Schmitz, of San Francisco, pleaded not guilty to charge of extor20-Abraham tion. Ruef indicted for bribery in- at San Francisco: T. V. Halsey also dicted in connection with grant of teleApr. phone 2-J. franchise. J. Hill resigned as president of Great Northern railroad and son, T. W. Hill, elected to place. Apr. 5-John R. Walsh indicted on charges of misapplication of funds of Chicago National bank, at Chicago. 8-Supreme court decided Isle of Pines is Cuban territory, not American Apr. 13-Standard Oil Co., of Indiana, found guilty of accepting illegal rates from Chicago & Alton railroad, at Chi26-Jamestown cago. Ter-Centennial exposition opened; President Roosevelt and other high officials attended ceremonies. May 9-Federal court at Indianapolis trust perpetually enjoined so-called drug from continuing operations. 15-Abraham Ruef pleaded guilty to extortion at San Francisco. 24-Grand jury at San Francisco returned 89 indictments against Mayor Schmitz, Ruef and street railway officials and other companies. Jun. 13-Mayor Schmitz of San Francisco, found guilty of extortion. Jul. 8-Schmitz sentenced to five years penitentiary for extortion. 16-Dr. in E. R. Taylor, of University of California, elected mayor of San Franby board of supervisors. Aug. cisco, 3-Judge Landis, at Chicago, fined Standard Oil Co., $29,240,000. for acceptillegal rebates from Alton railroad; ing largest in history of jurisprudence. fine 7-Senator Beveridge of Indiana, in Aug married to Miss Catherine Eddy embassy at Berlin. 21-Suit American in equity brought by relatives for accounting of property of Mrs. Mary Baker G. Eddy, brought to sudden close at Boston. 4-Louis Glass, vice-president of Sep. Pacific States Telephone and Telegraph convicted of bribery at San Francisco Co., and sentenced to five years' imof Y. of G. A. N. 30-McKinley chief memorial at Canton, O., dedicated by President Roosevelt. 2-Senator Wm. E. Borah acquitted Oct. of charge of conspiracy to defraud govat Boise, Idaho. 23-German ernment, balloon Pommern, piloted by Erbslob, won international aeronautic Herr cup, landing at Asbury Park, N. J., 880 miles from starting point 7-Atchison, at St. Louis. Topeka & Santa Fe Nov. Railroad Co., fined $330,000 at Los Angeles, for of John rebating R. Walsh for misappli- National 13-Trial cation of funds of Chicago begun at Chicago. 26-Edward bank, Payson Weston, aged 69, to com- Chipletes walk from Portland, Me., jaunt taking 29 days. 27-Wedding cago, of Miss Edith Root, daugh- S. of secretary of at Washington. ter III., occurred Dec Grant, Pacific fleet sailed from president. Hamp-

21. January 4, 1908 The Huttig News Huttig, AR
Article from The Huttig News, January 4, 1908

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MISCELLANEOUS Jan. 2-First Vice-President McCrea elected president of Pennsylvania lines LO succeed late A. J. Cassall. 3-Federal Judge Landis decided at Chicago that Standard Oil Co. must stand trial on eight of ten indictments returned against it. 14-Grand jury at Findlay, O., returned 939 indictments against Standard Oil Co. and subsidiary companies for conspiracy in restraint of trade. 15-Federal grand jury at Chicago indicted John R. Walsh in connection with failure of Chicago National bank. 23-Judge Hallam, at St. Paul, issued order enjoining J. J. Hill and other officials of Great Northern railway from making proposed increase of $60,000,000 in stock. Feb. 18-Wisconsin state railway commission ordered railroads of state to give flat 21/2-cent passenger fare. 26-John F. Stevens resigned as chief engineer of Panama canal and president named Maj. G. W. Goethals as chairman of commission and engineering chief of work. Mar. 1-Suit filed at Boston against Mrs. Mary Baker G. Eddy, leader of Christian Science faith, by G. W. Glover, her son, asking accounting of property and appointment of receiver. Mar. -New Mexico house passed resolution to investigate conduct of Gov. Hagerman in regard to alleged timber land frauds. 7-Mayor Schmitz, of San Francisco, pleaded not guilty to charge of extortion. 20-Abraham Ruef indicted for bribery at San Francisco; T. V. Halsey also indicted in connection with grant of telephone franchise. Apr. 2-J. J. Hill resigned as president of Great Northern railroad and son, T. W. Hill, elected to place. Apr. 5-John R. Walsh indicted on charges of misapplication of funds of Chicago National bank, at Chicago. 8-Supreme court decided Isle of Pines is Cuban territory, not American. Apr. 13-Standard Oil Co., of Indiana, found guilty of accepting illegal rates from Chicago & Alton railroad, at Chicago. 26-Jamestown Ter-Centennial exposition opened; President Roosevelt and other high officials attended ceremonies. May 9-Federal court at Indianapolis perpetually enjoined so-called drug trust from continuing operations. 15-Abraham Ruef pleaded guilty to extortion at San Francisco. -Grand jury at San Francisco returned 89 indictments against Mayor Schmitz. Ruef and street railway officials and other companies. Jun. 13-Mayor Schmitz of San Francisco, found guilty of extortion. Jul. 8-Schmitz sentenced to five years in penitentiary for extortion. 16-Dr. E. R. Taylor, of University of California, elected mayor of San Francisco, by board of supervisors. Aug. 3-Judge Landis, at Chicago, fined Standard Oil Co., $29,240,000, for accepting illegal rebates from Alton railroad; fine largest in history of jurisprudence. Aug. 7-Senator Beverldge of Indiana, married to Miss Catherine Eddy in American embassy at Berlin. 21-Suit in equity, brought by relatives for accounting of property of Mrs. Mary Baker G. Eddy, brought to sudden close at Boston. Sep. 4-Louis Glass, vice-president of Pacific States Telephone and Telegraph Co., convicted of bribery at San Francisco and sentenced to five years' imprenoment. 2-E*-Congressman C. G. Burton, of Nevada, Mo., elected commander-inchief of G. A. R., at Saratoga, N. Y. 30-McKinley memorial at Canton, O., dedicated by President Roosevelt. Oct. 2-Senator Wm. E. Borah acquitted of charge of conspiracy to defraud government, at Boise, Idaho. 23-German balloon Pommern, piloted by Herr Erbslob, won international aeronautic cup, landing at Asbury Park, N. J., 880 miles from starting point at St. Louis. Nov. 7-Atchison, Topeka & Santa Fo Railroad Co., fined $330,000 at Los Angeles, for rebating. 13--Trial of John R. Walsh for misapplication of funds of Chicago National bank, begun at Chicago. 26-Edward Payson Weston, aged 69, completes walk from Portland, Me., to Chicago, jaunt taking 29 days. 27-Wedding of Miss Edith Root, daugh9. ter of secretary of state, and U. Grant, III.. occurred at Washington. Dec. 16-Pacific fleet sailed from Hamps ton Roads after review by president,

22. January 11, 1908 Imperial Valley Press El Centro, CA
Article from Imperial Valley Press, January 11, 1908

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NEWS IN BRIEF Happenings of the Week Boiled Down For Busy Readers New York landlords cause great suffering to poor people on East Side by wholesale evictions. U.S. Senator Owen, of Oklahoma, accused of acquiring illegally 4,000 acres of land from Indians. Chicago banks have returned to cash basis and financial situation is just what it was before the pinch. President Roosevelt denounces the patronage system and urges enforcement of civil service rules in Census Bureau. Chicago Great Western railroad has been placed in lhe hands of receivers. Overcapitalization caused the trouble. H.O. Havemeyer's will leaves estate of $25,000,000 to widow and three children. No bequests to public institutions. Many gun fights, assaults and on in of tumults Brooklyn and New other Year's camps day the wild and woolly east. This is really important. Los Angeles court decides that a woman need not pay for a tailormade suit that doesn't fit. George Pettibone, accused of complicity in murder of Ex-Gov. Steunenberg, of Idaho, acquitted. Case against Moyer dismissed. District Court of Austin, Texas, appoints receiver to take charge of all property in the state belonging to Standard Oil. Proceedings to dissolve combination between Union Pacific and Southern Pacific to be begun soon by Attorney-General Bonaparte. London Times passes from control of Walter family and into hands of C. A. Pearson, publisher of several newspapers and magazines. Jury in Caleb Powers case disagrees, ten for acquittal and two of for conviction. Fifth trial Powers for the murder of Goebel set for July 6. John D. Rockefeller gives $2, 000,000 to Chicago University as New Year present, making total contribution more than $23, ,000,000. But he hasn't paid that fine yet. United States Supreme Court, by five to four, decides that the employers' liability act, applicable to common carriers engaged in interstate commerce, is unconstitutional. F. Augustus Heinze, the copper operator, indicted and arrested in New York for aiding his brother in looting the Mercantile National Bank to the tune of $400,000. Fowler banking bill proposes to retire all outstanding national bank bond secured notes, and thorizes in lieu thereof a currency based on the general assets of the bank. Hudson Maxim announces invention of torpedo boat to travel

23. January 25, 1908 La Voz Del Pueblo Las Vegas, Santa Fe., Santa Fe, NM
Article from La Voz Del Pueblo, January 25, 1908

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El Banquero Walsh Fallado Culpable. El día 18 del corriente toco á fin el juicio de una de las causas más sonadas y que se han combatido con más denuedo y empeño en las cortes de justicia del país. Este es el caso del gobierno federal contra James R. Walsh, rico banquero de Chicago y en un tiempo fl. gura de mucho prestigio y prominencia en la política nacional y propietario del periódico "The Chicago News" y del Chicago National Bank que quebró en tiempo pasado con varios millones de responsabilidades. Se dilucidó en la ave iguación que Walsh habiendo establecido su banco en Chicago millones de pesos de depósitos los cuales usó ilegalmente para adelantar otras empresas particulares y especulaciones las cuales fracasaron teniendo que declararse en bancarrota el banco y cogiendo en el desastre á centenares de víctimas. Con la caida de Walsh y de su banco fracasó también el periódico, que tu. VO que suspender operaciones. El jurado después de oir la evidencia del juicio, que duró como dos meses, retornó, tras debida deliberación, un dictamen, fallando culpable al acusado. Aun no ha sido pronunciada la sentencia de la corte, pero segun la ley aplicable al caso, la sentencia deberá ser nomenos que cinco años de penitenciaría. Lo más notable del caso de Walsh y el motivo principal para que haya sido tan notoria su causa es que este individuo, pretendiendo que su periódico defendía los principios democráticos hizo la más terrible oposición á Mr. Bryan y sostuvo á McKinley, contendiendo en sus incendiarios editoriales que la elección de Bryan significaba el deshonor de la nación, el repudio de las obligaciones del gobierno y de los particulares y asumiendo él mismo la actitud de guardian del honor nacional, y mientras así predicaba estaba haciendo lena con los fondos de las incautas víctinasque, confiando en él, depositaron sus dineros en su banco. Las transacciones de Walsh pasarán á la historia como las más audaces y frenéticas que se han cometido bajo la capa de la hipocresía y el fingimiento del patriotismo, pero como todos los de su clase, ha acabado su historia on desgracia.

24. March 24, 1909 The Birmingham Age-Herald Birmingham, AL
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Receivership Attacked. Chicago, March 23.-Judgments for $1,000,000 against the Chicago Chronicle company in favor of John R. Walsh, majority stockholder of the newspaper, which suspended publication at the time Mr. Walsh's bank, the Chicago National, failed, are attacked in a bill filed by Celia C. Russell here today. The bill asks that the appointment of W. I. Dickinson, assistant treasurer of the company, as receiver, be set aside, charging that the whole transaction is tainted with collusion.

25. April 28, 1909 Evening Star Washington, DC
Article from Evening Star, April 28, 1909

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FORGED TO PAY DEBTS Men He Owed $400,000 Knew of His Guilt. BUT TOOK STOLEN MONEY And Pressed Van Vlissingen Always for More. SENSATIONAL DETAILS OUT Tale Told by Supposedly Prosperous Man, Who Sold $1,000,000 Worth of Bad Paper. O. April 28.-Peter Van the former real estate man rought back from prison to testify in the bankruptcy court, and who caused sensation yesterday by statng that his were known to four before last winter, gave of his in confession details wetims forgeries years story court two his additional today. of public his The men to whom he alleges he privately imparted a confession of his guilt are Maurice Rosenfeld and Bernhard, Rosenberg, both men of wealth and social position and who are alleged to have forced Van Vlissingen to attempt to make good $400,000 worth of forged mortgages which had come into their hands. To do this, Van Vlissingen declares, he committed still further forgeries. Didn't Ask-But He Knew. "Did Mr. Rosenfeld ever ask you what you did with the forged papers he gave back to you after you had redeemed them?" asked Attorney George H. Peaks, representing the trustee of the Van Vlissingen estate. "No, he did not ask, but I told him, just the same, and we arranged our transactions accordingly," replied the witness. "And they pressed you for money?" "Yes. Shortly after the failure of the Chicago National Bank, of which Rosenfeld was a director, he came to me and told me of his losses in the crash. He was desperate, he said, and highly excited. He said his relatives, for whom he handled business, would lose confidence in him unless he made good. 'I've got to have money-lots of it-and it's nothing to me how you get it,' he told me. Promised to Pay Big Sums. "I arranged to pay $4,000 a week," continued the witness, "but Rosenfeld pressed me so that it became difficult for me to sell any more of my spurious paper. I told him he would drive me to exposure. I gave him the names of a number of clients who had already taken my forged mortgages." Witness gave their names to the court, and continued: "Rosenfeld said he was in dire distress. He said he was so hard pressed that he had thought often of the cold waters of Lake Michigan as a refuge. I told him I was so deep in the mire that I couldn't make forgeries fast enough to pay off the debts and obligations that were pressing. Deep in the Mire. 'Rosenberg also pressed me, and I told both of them that I was in so deep that I never expected to get out again, but I thought I would fight it out for a while. I thought possibly some piece of good luck might come my way, but it never did." Van Vlissingen, who was a highly respected and presumably prosperous business man, succeeded in continuing his forgeries for four years more. The end came last November, when he admitted that he had been forging mortgages nearly all his business career, and that the sum total would run over a million dollars.