Items of Interest July 22, 1905 Issue

Items of Interest

The report of Joseph L. Bristow, who was appointed a special commissioner to investigate trade conditions and other matters affecting the Panama Railroad & Steamship Company, has been made public. It recommends the continuance of the railroad as a commercial line, with improved facilities for handling commerce, including double-tracking and re-equipping the line with modern rolling-stock; the enlargement of its port facilities, the retention of the steamship line between New York and Colon, the cancelation of the contracts with the Pacific Mail Steamship Company and the South American lines, and the opening of the ports of Colon and Panama to all steamship lines on equal terms, and in certain contingencies the establishment by the railroad of steamship lines between Colon and gulf ports, and Panama and important United States Pacific coast ports.

The $1,000,000 endowment fund for the maintenance of the American Academy of Fine Arts in Rome has been practically completed by the recent subscription of $100,000 by H. C. Frick. It is proposed to raise $200,000 more for a library for the institution. The subscribers, besides Mr. Frick, are J. Pierpont Morgan and Henry Walters, trustees, $100,000 each; University, through Henry L. Higginson, of Boston, $100,000; James Higginson, of Boston, $100,000; James Sillman, $100,000, and Columbia University, Yale University, of California, $100,000 each.

Instructions were issued last week by the President for a complete and thorough investigation into the Department of Agriculture in order to find the parties responsible for the "leak" in the cotton statistics, by which illegal and advance information certain brokers in the cotton market were able to make large profits. The Secretary of the Department is also making a thorough investigation. Some dismissals have already been made.

Send a comment to the editors

We'd love to hear from you!

Easily submit your testimonies, articles, and poems online.

Submit

Items of Interest

We'd love to hear from you!

Sign up for unlimited access