THE CENTRE REPORTER, CENTRE HALL. PA. 4 " wid Se “ Late on range near Middleboro, Mass., where 370 of them were shipped from Montana to be fattened for 1—Gen. Smedley Butler takes over command of the marine base at San Diego, Cal Releasing market, 3—George E irennan, Democrat ational commit man fi 1 Hlinois announcing for the United States senate - » | to write its own bill, using probable com; s | [AEE SE Rt obo 7 V2 ROAD IV ROCEIE.S : LL3LS URRENT EVENTS “iis (EMIINK) Rejection of Nickel Plate Merger Is Factor in Col- lapse of Stock Market. By EDWARD W, PICKARD ERGER of the MM reivcate & Valley, Pere Marquette roads, as proposed by tl ingen brothers of Cleveland approved last week by the intersta commerce commission, and tl called wizards of the railway wpe on tems or | cee wes of he mele Sen |e arn The Morne ve | REFVECEHONS SUGgEsted by ~& bring sho th Tonto d"ln hy Bh ne of | new amaanon or ue tain ne of | R@CE@NE Automobile Shows TEE i : SHER H AN a gy RESTATE PAL ADE. 7 SE x3 ing that th the proposed acquisition the new company o panies were unjus The comunission I would be in the publi the standpoint of pros transportation, leaving that it would | been approved the financial provisions sound railroad practice Plate is the only raliroad tance In the country ferred stockholders do right to vote, and now to extend this feature by’ . he divact oo aro oo Y MORO 000.000 of new stock of 1 $ . : 2 : es A. sh armie comparable with the New York Cen- | _ a: o Yam : oti iar hi : on offensive i h y tral, Pennsylvania and Baltimore ’ — 1 be the hot vo vote of | 10 crush the Riffians, But Abdel Ohio.” : a cr Sliver uih "1 is alert and already has started wi Bud sis : L . | nghting himself, attacking the French dh t and certain tribes that are unfriendly | to him. Both sides are trying for stra tegic positions from which to negoti | ate peace, by which they hope FINANCIAL circles the | p aw 1s expected ate result of the Nickel Plate rul- | Ty cases involy ing was the biggest day's trading In : i approximately $30,000,000 in wage the history of Wall street, with a per- | increase demands and doesn’t know pendicular decline In prices that in one extreme case reached 50 points. The stock market had been In a state of comparative collapse for several days, anyhow, and this was a stagger- ing blow to the bulls Trading eclipsed every former record, which had stood for years. The total for the the market may be judged In com- parison with the Northern Pacific panic market on May 9, 1901. On tbat day 3,072,305 shares were traded in. Stocks had been technically weak- ened in seven previous days of drastic decline : the confidence of shareholders in the speculative shares had been shaken by loss of from five to fifty points or more In their holdings, Many margin traders had reached the end of their tether, The excesses of the wild upward speculation in many shares which had continued over a long series of months since the election of President Cool- fdge were being corrected and brought down to a wholesome level by the mar ket itself. Stocks were engaged in seek ing their true market value, based on earnings rather than on merger pros year and last have fanned the specu lative flames, The collapse of the stock market, which was accompanied by severe re actions In the grain and other specu lative commodity markets, was de geribed by experts as mainly a specu public was not caught to any great ex tent. : CLOSE votes the house military B affairs committee junked all the pending army alr service legislation, this including the bills for a separate air corps, for a unified alr service, for the creation of a department of na- tional defense and for the adoption of Parker bill makes no provision for dis position of the pending disputes Executives representing about eighty western railroads met in Chicago and golected a commitiee of twelve to con ductors and trainmen These workers isk a raise of 7 per cent and the man agers have gone on record as op to this boost, ECRETARY OF STATE KELLOGG sent 1 new note to the Mexican government in reply to its latest com munication concerning the new land and oil laws, and while not revealing its contents, he told the senate com mittee on foreign relations that he hoped it would end the controversy. toned down its demands a little. Some of the senators, however, were not sat- jsfled and Mr. King of Utah was pre- paring a speech on the subject. The Mexican government has notl fied all foreign Protestant ministers in OLITICS In Chicago has reached a 1 where It pot only amuses the rest of the country but in a way comes of national interest combinations of Republican fact are fighting bitterly and one result has been a request that congress investi gate ime conditions ir Naturally, the Demoers are happy and hopeful George E Brennan, the astute Democratic na announced his candidacy for the sen ate seat held by Mr. McKinley of Champaign, and for which Frank Smith Is a Republican contender against the incumbent in the prima ries. Mr, Brennan says his platform the Volstead act to permit light wines and beer, and home rule for Chicago. referendum in Illinois on Volsteadism EPRESENTATIVE HILL of Mary- land was reelected chairman of category with the Catholie priests and must get out, The first of the ex "united States arrived In New York on a steamemn In the party were ten priests, one nun and four Marist broth ors. They were penniless, tating they hreviaries, The states f Vera Cruz and Tamauipas tanned Inwe Hm # iting the number of atu Vorn of 10.008 two in fommunities of 30 O00. four In communities of 60,000, and a limit of six In larger communitie Tamaulipas provides only one priest for each community, with the excep tion of five, ind was instructed to appoint a com mittee of five, called a "temperance board,” to outline a program for the drys. This board will begin hearings on March 31, preliminary to drafting a bill for revision of the prohibition law, All congressmen and private cid rons will be given opportunity to ex press their views prohibition and its success or i 3 turons trip te central and southern A at \ 3 a, bringing back many fine speci that the session of the League of Nations council In Geneva will be ex. again be a candidate for some office, perhaps the governorship of the Em i non notor busses There GR.212 private cars admitted to national parks ast season Ever mountains, which wer ily foot and horse trails before tocky Mountain National Park has ighway ove Divide that { { in toe 1% i { ! the Colorado on road up Pikesx Peal sidered marvel © nes there road to the very summit 5 : 1 breathing tdes "ark on used of one wi y hinve his own way, bo ) inevituble and does the best he The saving originated with the his eareer. The Arabs wanted a proof to indicate the next ten eresting Tr port: 110% have to tale respective rights of torist pedestrians The appallit eexlless loss of human life must The el tuntion | fdicatougs { There | i in f alion gas {line converted per : y me chanical power propel light car go) mi’ 8 How far on the practice of time avipents on i be carried? Shall we 1A perpetual licens« intes? Shall we have federal control of th highways? highways provide for express, freight traffic? Shall we deck roads at congested which the motor be operated for pleasure at Seott Tir shape nlies © “i f n heart sion on the upper sur ble of attaining a speed in hour, More Chance “You say that Miss Agely is des. perate for a man? “Yes, She had twin beds put in her room, so she'd have twice as mhny to look under."—American Legion | Weekly. \ \
Significant historical Pennsylvania newspapers