Corporation 10 Begins Bond Sale Campaign and Stock Offer
The article reports Corporation 10 launching a campaign to sell bonds and placing new stocks on the market this Wednesday.
01 Apr 1919
Page 1
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Newspaper
Amarillo Daily News
Location
Amarillo, Texas, United States of America
Date
Apr 01, 1919
Page
1
The article reports Corporation 10 launching a campaign to sell bonds and placing new stocks on the market this Wednesday.
The War Finance Corporation plans to issue up to 2.1066 billion dollars in one year bonds at five percent interest, tax exempt except estate taxes and profits taxes, to fund railroads and meet demands. Banks handling the sale will receive a small commission.
In Philadelphia and eastern Pennsylvania there have been minor disturbances linked to strikes and several bomb explosions in recent months. Official investigations show no evidence of Bolshevik involvement beyond speculation.
A collision between two seaplanes near Santa Nosa Island leaves several sailors dead. Ensign Car Wetkle of Baltimore and Ensign Ray Simpson of Anderson, South Dakota, are among the injured with stated recovery chances.
The Atlantic fleet trains at Guatemala Bay with destroyers and auxiliaries. They sail to New York for shore leave, then Hampton Roads for Gensery exercises. Fleet to gather at Newport in June before continuing maneuvers and gunnery drills through July.
The people of Amarillo vote today for a mayor and two commissioners. Lon D. Maars seeks re election against W G Ply for mayor. Commissioner precinct No 1 has W B Gangel unopposed and precinct No 2 pits J R Trolinger against H A Taylor. Voting booths open at the court house east of Polk street and at the Peality hall west of town.
A Bristol shipyard freighter launch collapsed killing and injuring many. About 154 people including workers and spectators were on the scaffold when it fell into the Delaware River. Divers from Bristol and Hartford police and fire crews searched swift water for victims as the death toll and survivor list remained uncertain.
Socialist teacher Debs, confined by illness, warns of broad national labor strike following denial of rehearing by U S court. He says party plans to paralyze the country and remains under care at the home of Margaret Prevey. Mrs Prevey notes Debs in serious condition and expects another update within days.
British labor finishes draft charter for a broader international body. It would include a general conference with employer and worker delegates and a central conference meeting annually. The governing body would comprise government representatives and elected delegates. the Labor Office director would appoint staff across nations.
Portland Ore March 31 W Ho Crawford former public accountant of Artaeus arrested Sunday on a felony warrant from Arizona alleging involvement in wife abuse was released in a habeas corpus proceeding but re arrested later. Ottawa March 21 arrangements made for Canadian Expeditionary Forces return kept secret by British government. New York March 31 Job Fledges named permanent receiver of the New York Railways Company by Federal Judge Mayer.
At Empire Mine near Aguilar in Trinidad Colorado six bodies surfaced and eleven more recovered after a gas explosion. Rescue teams pressed into the mine as crews lifted partial remains and identified victims while families waited outside the scene.
In Paris on March president Wilson, acting on Hoover's recommendation, urged Julius Barnes to lead a corporation to manage the 192% wheat crop under wartime guarantees. The government owns the corporation's $15.97 million capital and funds the enterprise for its national purpose.
Incomplete OCR passage mentions British items and a person living in Belgrade with fragmented place and date details.
The American embassy in Mexico City was asked to verify claims that Japan obtained agriculture concessions in Lower California. No official confirmation has reached Washington, but a dispatch quoted General Amado Aguirre suggesting a grant. The land, valued by an American company, involves long-standing irrigation and settlement history.
Washington March 21 The Senate Foreign Relations Committee chairman Senator Hitchcock Nebraska says the Sikamenmir Hoot plan and amendments to the League of Nations constitution are disputed. Opponent Senator Bohar endorses the plan and argues for changes that would create international policy and democracy while avoiding world war.
Budapest reports show Hungarian Communists defying Entente pressure amid unrest in Budapest and Transylvania. The movement seeks independence despite entente cautions while local governance and industries face disruption but motion toward self direction remains.
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