March 10.—To avoid legislative investigation, the New York Telephone Trust agrees to reduce its tolls 20 per cent.

March 12.—Government agents unearth great coal land frauds in Utah.

March 13.—The United States Supreme Court decides that the peonage laws are constitutional.

March 14.—The President is informed that the treaty with Santo Domingo, which has been radically amended by the special session of the Senate, stands no chance of receiving the two-thirds vote necessary to its approval by that body, as all the Democrats oppose it and some of the Republicans are lukewarm.

The New York State Senate passes resolution directing an investigation of the Gas Trust.

March 15.—Agreement is reached that the Santo Domingo treaty is to be neither ratified nor rejected at the special session of the Senate, but is to be left over to the next session.

Governor James B. Frazier, of Tennessee, is elected United States Senator to succeed William B. Bates, deceased.

Harry S. New, of Indiana, is made Vice-Chairman and Acting Chairman of the Republican National Committee.

March 16.—Secretary Taft states that the Administration policy is indefinite retention of the Philippine Islands and that independence cannot come during this generation.