ITEMS OF INTEREST

The Public Service Commission of New York State, a boby created by the last Legislature in line with Governor Hughes' policy as expressed in his message to the Assembly, has adopted a series of rules intended to prevent hereafter the overcapitalization of corporations which come under the jurisdiction of the commission. It was announced by the commissioners also that it was designed to prevent not only stock-watering transactions, but merging of railroad companies, unless it could be shown to the commission that such amalgamations would tend to benefit the traveling public. Under these rules it would be impossible for such holding companies as the Interborough-Metropolitan and the Brooklyn Rapid Transit Company to be organized without the consent of the commission and without it being proven to them that there were reasons other than those of mere financiering to justify the merging of public service corporations.

As at present arranged Secretary of State Taft and his party, including himself, his wife and son, his private secretary, the chief of the Insular Bureau, and an attendant, leave Seattle for the Far East on Sept. 10, arriving at Yokohama, Japan, Sept. 25. At that port they will disembark and spend eight days, including visits to Tokio, Kobe, Nagasaki, and perhaps one or two other points. The party will sail from Nagasaki Oct. 4 for Shanghai and Hong Kong. At Hong Kong the party will board the army transport McClellan on Oct. 11, and arrive at Manila Oct. 14. They will leave Manila Nov. 4 on one of the naval cruisers for Vladivostock, leaving there Nov. 12, Irkutsk Nov. 16, Moscow Nov. 25, St. Petersburg Nov. 28, arriving at Berlin Nov. 29. At all these places stops of a few days will be made. They plan to reach New York about Dec. 10 or a few days later.

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INTEREST AROUSED IN CHRISTIAN SCIENCE
August 31, 1907
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