Money centers unsettled by war zone reports
Financial leaders suspect a banker syndicate aims to seize German steamers in American ports amid ongoing war reporting despite denials. The potential shift in control threatens shipping and trade in key hubs.
Domestic trade shows improvement despite exchange volatility
The Morning Journal notes firmer domestic trade as German gains push exchange rates higher and banks seek credits from London and Paris. A bankers’ committee on foreign exchange outlines settlement rules for open market drafts and letters of credit while speculation links shipping assets to the war impact.
MENTIONED IN THIS ARTICLE
Banking Committee
OY Morning Journal
Epectal
New York
London
Paris
Austria
Italy
Switzerland
South America
Chicago
South
Louteville
Texas
Seaboard
International Mining Company
Senate action on trust bill and courts as Day in Congress
The Senate met at noon to resume debate on the Clayton trust bill and began consideration of the nomination of Attorney General McReynolds as associate Justice. A sub committee was appointed to hear impeachment charges against Federal Judge Day ton of West Virginia. Special rules for war risk and Philippine independence bills were agreed. The government standard cotton grades bill was favorably reported and work started on a government owned ships line. The seamen relief bill passed without a recorded vote and the session adjourned at 5 13 p m to noon Friday.
MENTIONED IN THIS ARTICLE
Clayton Trust
McReynolds
Supreme Court
Dayton
West Virginia
Draft liquidation rates fixed to original purchase currency
The text recommends that when a draft is liquidated in a currency different from the original, the conversion rate used should be the rate in effect at the time the draft was bought. It notes diversions to other ports and resale of drafts as context for this rule.
French Wounded Are Well Taken Care Of
Dr Alexis Carrel at Lyons hospital reports French wounded arriving daily in good condition with no fever and well dressed wounds. He notes many German wounded also arrive and their wound care appears inferior resulting in frequent infections.
MENTIONED IN THIS ARTICLE
Capnal
Paria
Arge
Alexis Carrel
Rockefeller Institute
New York
Lyons
Frederick BR. Coudert
Seamen's Relief Bill Cleared House in Quiet Vote
The seamen's relief bill to regulate merchant marine service conditions passed the House without a record vote. Republican Leater Mann urged calm nonpartisan conduct as war rages in Europe. Representative Humphrey warned enforcement could strain ties with Japan.
MENTIONED IN THIS ARTICLE
Morning Journal Special
Washington
House
Leater Mann
Europe
America
Humphrey
Japan
British Marines Seize Ostend to Block German Foothold
British marines have occupied Ostend to prevent German forces from establishing a foothold on the English Channel, reports from London dated August 17. The deployment aims to guard the coast and deter further incursions.
MENTIONED IN THIS ARTICLE
London
Ostend
English Channel
Editorial asserts risks of wartime censorship in Britain
The Daily Graphic condemns strict censorship saying concealment breeds anxiety and distrust. It argues English citizens are not children and must know the truth to foster national cooperation and morale during war. The piece stresses the moral element of wartime policy and transparency with the public.
MENTIONED IN THIS ARTICLE
Gpec AL Loeeowine
London
The
Daily Graphic
Newspapers Protest Against Censorship
London August 27 British newspapers protest censorship that hides military operations from the public. Premier Asquith defends information policy stating officials will provide all nonprejudicial, timely details to relieve strain on families of those on active service.
MENTIONED IN THIS ARTICLE
London
Asquith
James Hogge
M. P
Edinburgh
House of Commons
President Goes To Summer White House
President Wilson leaves Washington for the summer White House at Cornish New Hampshire to stay until Tuesday or Wednesday. He will work on a proclamation suspending parts of the navigation laws to let foreign ships owned by Americans register more easily under the new act of Congress.
MENTIONED IN THIS ARTICLE
Y Morning Journal
Washington
Wilson
White House
Cornish
N. H
Belgium lauded by Asquith for heroic fight
British Premier Herbert Asquith lauds Belgium for its heroic resistance in the early World War context. He asserts England would not have abandoned Belgium, save for necessity and honor, highlighting national sacrifice and allied resolve.
MENTIONED IN THIS ARTICLE
Belgium
Asquith
OHE
England
Duty or cowardice faced in Europe war crisis
Prime Minister Asquith addressed the House of Commons urging Belgium’s defense and highlighting Britain’s duty to uphold international obligations. He praised Belgian King and people for resisting invasion and pledged wholehearted support to preserve Belgium’s independence and the sanctity of treaties.
MENTIONED IN THIS ARTICLE
Liege
Uberty
United Kingdom
Americans to Send Cruiser North Carolina to Turkey for Relief
The United States announced it will dispatch the warship North Carolina to Constantinople with gold to aid Americans in the Ottoman Empire. Diplomats anticipate Turkey may join the European conflict, while Americans abroad are urged to depart as relief funds are distributed.
MENTIONED IN THIS ARTICLE
OY Morning Journal
Washington
United States
Europe
North Carolina
Turkey
State Department
Constantinople
Relief Board
Bryan
McAdoo
Garrison
Daniels
Morganthau
Falmouth
California primaries nominate major party candidates
Returns from Tuesday's primary indicate governors and senate nominees. Governor selections include John D. Fredericks Republican and Hiram W. Johnson Democrat and incumbent Progressive. United States Senator choices feature Joseph R. Knowland Republican James J. Phelan Democrat Francis J. Heney Progressive.
MENTIONED IN THIS ARTICLE
Morning Journal
San Francisco
Tuesidlay
John D. Fredericks
J. J. Curtin
Hiram W. Johnson
Cincumbent
United States
Joseph R. Knowland
James JD. Phelan
Francis J. Heney
Seventeen Prelates Held as Hostages Reported in Liege
Rome reports that seventeen cardinal electors may be held by German forces in Liege as hostages. The news came during the seventh congregation as the conclave to elect a successor to Pope Pius prepares to proceed.
MENTIONED IN THIS ARTICLE
Morning Journal
Rome
Paris
Seventh Congregation
Pius
Liege
Prohibition Party Endorses Progressive State Platform
Columbus August 27 The state central committee of the prohibition party at a meeting here today endorsed the progressive state platform.
MENTIONED IN THIS ARTICLE
Columbus
Prohibition Party
Sulzer to Head State Ticket Highlights Progressive Conference
A boom for former Governor William Sulzer to head the state ticket was the feature of the progressive state conference in Allcn N Aug 27. Colonel Roosevelt did not attend.
MENTIONED IN THIS ARTICLE
Allcn
William Sulzer
Roosevelt
Kaiser Wilhelm der Grosse Sunk by Warship Off Africa
London reports in the House of Commons that the Kaiser Wilhelm der Grosse, a 14 349 ton armed cruiser of the North German Lloyd line built in 1897, was sunk by the Highflier off the west coast of Africa. Survivors were landed. Highflier’s casualties were one killed and five wounded.
MENTIONED IN THIS ARTICLE
Morne
London
Winston Spencer ‘Churchill
Admiralty
House of Commons
Fust
N. M. & Highflier
Westhwast
Africa
Cape
Highflier
North German
Lloyd Lines
France objects to U S purchase of German ships
France expressed disapproval of the plan to grow a merchant marine by buying foreign ships. President Wilson discussed the issue with Jules Juster and the French ambassador, who warned that buying German vessels would empower Germany and potentially aid German food supplies, tying neutral aid concerns to the policy.
MENTIONED IN THIS ARTICLE
Mopning Journal
Washington
France
United States
Jules Justerand
Wilson
Germany
Kaiser's Resignation From Army and Navy Reported
London reports publish official account of final talks between Sir William Goschen and Berlin. The German emperor renounced British titles and expelled himself from field marshal and admiral roles after Britain joined allied nations. Gerard, American ambassador, aided by staff, helped protect British subjects amid hostile mob scenes.
MENTIONED IN THIS ARTICLE
London
William Edward Goschen
Berlin
James W. Gerard
George
Great Britain
Gerard
American instructor Gaston Costet detained in France
A fragment reports Gaston Costet, a language instructor at the Naval Academy and naturalized American, was detained in France while on vacation and drafted into the French army. The note notes he is in Prance and connects the incident to Annapolis Maryland dated August 27.
MENTIONED IN THIS ARTICLE
Annapolis
Aus
Gaston Costet
Naval Academy
France
New Railroad President Chosen in Chicago
Hale Holden of Chicago was today elected president of the Chicago Burlington and Quin ley railroad to succeed the late Darius Miller.
MENTIONED IN THIS ARTICLE
Chicago
Hale Holden
Chicago, Burlington and Quinley Railroad
Darius Miller
Conflict of Millions Rages Along French Front Amid Global Tensions
London dispatch reports a 250 mile battle line as French and British forces halt German advances through Lille Valenciennes and Roubaix. Joffre hails British valor while Kaiser's ships feature in distant clashes as Russia presses toward Berlin and diplomacy sours with Japan.
MENTIONED IN THIS ARTICLE
Lille
Valenciennes
Roubaix
War Office
Vosges
von Jagow
Great Britain
France
Joffre
John French
Ostend
English
Africa
Japan
Austria
Tokio
London
Paris
New York
Philadelphia
Berlin
Europe
Asia
Manchurian
Pall Mall Gazette
Cambra
le Cateau
Scheldt
Sambre
Russia Progressing Upon Frontiers of Germany
Paris reports General De La Croix argues the Franco-Belgian frontier crisis and the Russia-Germany war are linked. He says Russia advances in eastern Prussia and Galicia, while Germany must shift forces from France to meet the eastern threat. He urges decisive action to prevent German troop withdrawals and that the northern army must act when the moment arrives.
MENTIONED IN THIS ARTICLE
France
United States
Germany
Turkey
Prussia
Bulgaria
Roumania
Greece
Balkan States
Great Britain
Russia
Ottoman Empire
Paris
General de la Croix
Temps
Galicia
Also Mentioned on This Page
Smmmolates Industries
Werathepr Porkcast
New Mexico
Senate
Kingdom
Teuton
Turkish
Liman Pasha
Iyan
Amercans
Navy Department
California
Sultan
Kaiser
Moosers
Sulzer
Pranece
Assquith
East Prussia
Koenigsberg
Alle
Posen
Dniester
Vistula
Krasnik
Russian Poland
Magdeburg