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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Dec 23, 1916
Page
6
Central powers push Russians and Rumanians toward Bessarabia in Dobrudja though other fronts report little action. Russian forces withdraw northward under heavy assault in the region as Petrograd notes.
Berlin states the Teutonic army advances in Dobrudja and claims 900 Russian soldiers captured. Petrograd records a Bulgarian forced retreat at Lake Ibolata with many drowned and 115 taken prisoner. Bombardments persist on the eastern front as Berlin notes activity in Somme and Meuse Verdun regions. El Arish in Egypt near the Suez Canal is captured by British troops after Turks retreat from fortified town.
Lloyds reports the sinking of the British steamship Itonus a 6340 ton vessel owned in Melbourne and in service of the British government.
An official communication states the British military mission in Romania reports the Romanian government ordered the destruction of oil wells and refineries in and near the main oil fields, as a satisfactory action.
Reports say cannonading near Louvemont north of Verdun and an intense artillery duel near Monastir. Patrol skirmishes occur along the Struma front while Teutonic forces push in Dobrudja capturing 900 Russian prisoners. Russian artillery battles persist near Brenoa and Stokhod with a Russian advance southeast of Riga repulsed.
The House debates a Wood resolution to investigate possible profits by high officials or relatives from stock swings on December 21 1916 amid conflicting interpretations of a U S note to belligerents. Secretary Lansing supports probing rumors and calls for facts to be determined. Brokers allegedly knew more than officials before the peace note became public.
London December 22 A semi official Ex change Telegraph despatch from The Hague says Germany will announce her chief peace terms immediately if the Entente allies in their reply to the central powers peace proposals leave the door open for negotiations.
London December 22 Parliament was prorogued until February 7 without any new information on President Wilsons note or German peace proposals. The King’s Speech made no reference to the note, and Andrew Bonar Law said allied communication is required. The throne speech pledged victory and war effort. King George did not attend the prorogation in either house. Royal assent was granted to several acts.
Boston’s Catheryn V. Devine of Dorchester was named the Hub’s prettiest girl but the New York Preparedness Bazaar judges postponed selecting the national beauty. Standish Willcox says cold feet and deferral to next year cut the bid short.
Berlin crowds cheer the peace note as Christmas season news with display headlines. The American embassy staff including James W. Gerard and Joseph C. Grew attract reporters for more details, though only AP despatches are released.
Arish, a fortified Egyptian town about 90 miles east of Suez, fell to the British yesterday. The Mediterranean location near Palestine borders had been Turkish held since the invasion era, with a population under 20 000.
In financial circles yesterday talk of a merger between National Shawmut Bank and Merchants Bank of Boston emerged. Officials anticipate the combination will proceed if current plans are approved.
The merger of Shawmut Bank and Merchants National will place Boston among the top national banks with deposits near 175 million dollars and total resources over 200 million. E V R Thayer likely to head the enlarged institution, succeeding Colonel Gaston who planned retirement after a decade at Shawmut. The deal follows a city trend to reduce many small national banks, leaving about nine after consolidation from sixty two decades ago.
Attorney Boyd B. Jones argued that even with all assets applied to liabilities the Boston and Maine railroad would still face a deficit of 12 286 308 dollars. William J. Hobbs testified a five year net surplus of 3 026 481 dollars, averaging 600 000 per year, with 2 046 976 dollars for the next three months. The hearing before Federal Court Justice Morton adjourned until Tuesday forenoon as Conrad W. Crocker for minority stockholders cross questioned the witnesses.
The report notes plans to form a municipal coal office with Whitfield Tuck chosen to report at the next town meeting. James B. Sanborn accuses Boston coal dealers of exploiting consumers amid high prices, while residents cite prices from 11 to 13 dollars per ton. Authorities praise local efforts to address the high cost of living, but caution against overreliance on federal action.
Cabinet members discuss notes to belligerents and Germany submarine actions as the United States weighs no action until Berlin responds. Messages of support come to the White House while diplomats fear shifts in status with their home governments.
London notes President Wilson's message to belligerents and neutrals as central to peace talk. Germany's early replies show enthusiasm while Britain and entente leaders prepare a coordinated response. Officials keep quiet publicly as London holiday closures loom and preparations for nationalizing activities continue.
William Graves Sharp, the American ambassador to France, delivered Lansing's note to Premier Briand between 7 and 8 p.m. last night. Paris newspapers publish the note textually this evening.
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