Items of Interest

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ITEMS OF INTEREST

With the world's records broken for low cost and rapidity of construction, the boring of the great five-mile Elizabeth tunnel, fourteen feet wide and eleven feet high, the most important features of the new twenty-six million-dollar municipal water project of Los Angeles, Cal.
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ITEMS OF INTEREST

A resolve of the Massachusetts Senate provides that the Governor, with the advice and consent of the council, shall appoint a commission of seven citizens of the commonwealth, to consider in what manner Massachusetts may best cooperate with the federal government in the construction of a ship canal—free and open to the commerce of the world and without toll for the passage of freight across the state, as now being surveyed by the engineers of the war department.
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ITEMS OF INTEREST

Not for years have so many far-reaching principles relating to interstate commerce been decided by the supreme court of the United States as were established last week.
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ITEMS OF INTEREST

Herbert Knox Smith, commissioner of corporations, in a summary of his findings in the investigation of the lumber industry, shows these facts: The concentration of a dominating control of our standing timber in a comparatively few enormous holdings, steadily tending toward a central control of the lumber industry; vast speculative purchase and holding of timber land far in advance of any use thereof; an enormous increase in the value of this diminishing natural resource, with great profits to its owners.
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ITEMS OF INTEREST

President Taft has approved a plan for the leasing by the Government of water-power sites on public lands.
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ITEMS OF INTEREST

At least two hundred and eighty-two railroads throughout the country, representing 208,526 miles of track, have joined in the movement for better compensation for carrying mail.
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ITEMS OF INTEREST

An additional endowment of ten million dollars to the Carnegie Institution of Washington has been donated by Andrew Carnegie, the founder.
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ITEMS OF INTEREST

An organization to be called the "Reserve Association of America," governed by forty-five directors, which will gradually absorb the privilege of issuing currency until it becomes the executive agency for that purpose, and have other large powers, is the plan of currency reform devised by Senator Nelson W.
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ITEMS OF INTEREST

In an unusual address delivered before the New York County Lawyers' Association at the Hotel Astor recently, Samuel Untermyer advocated the absolute abolition of what he described as "the financial device known as 'the holding company,' " describing it as a "recent financial abomination" and one of the most prolific means of oppression of the investing public.
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ITEMS OF INTEREST

Governor Bass of New Hampshire in his inaugural address, among other matters, recommended the ratification of the proposed income tax amendment to the federal Constitution, favored the nomination of United States senators by direct vote of the people, publication of campaign expenses, and creation of a public service commission.
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ITEMS OF INTEREST

The report of the board of army engineers appointed to consider, the advisability of the continuance or abandonment of reclamation projects in the semiarid regions of the West has been made public.