Items of Interest

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Items of Interest

George B.
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Diplomacy has triumphed in the Venezuelan affair.
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The Elkins Bill amending the Inter-State Commerce laws on the points of rebates and discriminations by common carriers has been adopted by the Senate without debate.
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Mr.
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The Panama Canal Treaty was signed January 22 by Secretary Hay for the United States and Dr.
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The International Customs Congress of American Nations convened last week in New York.
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Attorney-General Knox in his report concerning trusts and combinations, which represents the general attitude of the administration and is authorized by the President, recommends immediate legislation forbidding all discriminatory practices affecting interstate trade, making them offences to be enjoined and punished; such legislation to be directed against both those who give and those who take illegal advantages, and covering discrimination in prices as against competitors in particular localities, resorted to for the purpose of destroying competition; and the creation of a bureau or commission in the proposed Department of Commerce to secure publicity through investigation of the affairs of the trusts.
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During the year 1902 the number of National banks increased from 4,291 to 4,666; the total resources increased from nearly five and three-quarter billions to over six billions—more than a million a day; the increase in loans and discounts was about three hundred millions.
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The Powers have agreed to submit the Venezuelan dispute to The Hague Tribunal for arbitration.
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The House Committee on Interstate Commerce has ordered a favorable report on the Department of Commerce Bill.
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A statement prepared in the General Land Olilo shows that 6,109,035 acres of land were disposed of by the Government during the first three months of the present fiscal year, the receipts therefrom amounting to $2,615,089, an increase of 600,897 acres in area and $1,184,910 in receipts over the corresponding period of the last fiscal year.
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The Senate Committee on the Philippines admits that the silver standard for the Islands is a mistake.