AMERICAN FINANCE.
LESS STRINGENCY.
CASH PAYMENTS SAID TO BE IN
SIGHT.
I'ItESIDENT ROOSEVELT AND MR.
J. P.. MORGAN.
DI TILEGEArn—MESS ASSOCIATION—-COrTRIGIIT.
New ..York,..November 25,
President Roosevelt,, 'owing to. Mr. Pierpont Morgan's opposition, will not accept a suggestion made by Western congressmen for the establishment of a Federal Bank of
Issuo.
REPORTED IMPROVEMENT.
(Roc. Nov. 26, 9.49 p.m.)
Nev; York, November 26. Tho monetary stringency in tho United States is abating.
An early resumption of cash payments is anticipated. The currency premium ruling is 1J per cent.
ANOTHER SEQUEL TOTHE CAMBLE
BANKER'S FRAUD,
FORGED NOTES WORTH A MILLION,
(Rec. .Nov; 26, 10.5 p.m.)
New York, Novembor 26.
During tho trial of John R. Walsh, founder and president of the Chicago National Bank,' evidence was given to the effect that the hank's assets included a million pounds in notes hearing the forged signatures of men of good standing. These men testified that they had not signed the notes, and were unaware of their existence.
Tho prosecuting attorney charges Walsh with having forged tlio signatures in v order to obtain funds for speculation.
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https://paperspast.natlib.govt.nz/newspapers/DOM19071127.2.52
Bibliographic details
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Dominion, Volume 1, Issue 54, 27 November 1907, Page 7
Word count
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180AMERICAN FINANCE. Dominion, Volume 1, Issue 54, 27 November 1907, Page 7
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