War finance and the danger of more paper money
World of Finance argues against issuing more greenbacks to fund war, stating money is a medium of exchange not a source of real wealth. It warns that expanding monetary supply raises costs, fuels debt, and undermines gold parity, risking an irreversible flood of irredeemable paper currency.
MENTIONED IN THIS ARTICLE
Govnent
Stock Market Slips as Prominent Stocks Open Weekend Session
In New York opening trading, prominent stocks fell fractions to a point, with American Tobacco leading declines and United States Steel dropping about a half point. Bond issues showed weakness while Liberty bonds firmed. Turnover was the smallest of the year and many issues were unquoted.
MENTIONED IN THIS ARTICLE
New York
American Tobacco
United States Steel
Liberty
Brooklyn Transit
Canaries and Bernhardt Notes in Wartime Era Isles
Items reflect wartime era curiosities and personalities. A Russian visit recounts an iron roadway with coglike wheels from Kronstadt. cremation history notes Laurens, and eight European crematories. Canary origins discussed with Canaries, Madeira, Azores, and serin finch. Bernhardt shopping idiosyncrasies and Haig study routine cited. Includes Welsh Eisteddfod and brisk miscellany.
War on Food Complaints Sparks Nurse Outburst
A London Opinion quip depicts a nurse berating wounded soldiers for their complaints about rations, remarking that they evidently forget there is a war on. The line captures wartime morale tensions and humorous sarcasm amid frontline hardships.
MENTIONED IN THIS ARTICLE
London
Long Distance Photos From Airplane Views
Excellent photographs of surrounding country have recently been taken from airplanes at altitudes from 8 000 feet to one mile. To remove tight screw heat the head with soldering iron candle flame or blow torch and it will come out easily.
Big Pay for Fishermen on Halibut Run
The American schooner Director captained by Soriano from Prince Rupert B C set a new daily earnings record for halibut with 43.75 per man after an eight day absence. It produced 17 000 pounds of halibut 9000 first class at 16 1/2 cents a pound and total revenue 2189 while expenses ran 309 and crew share 435 60 leaving 1884 40 to be distributed among the crew.
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Soriano
Prince Rupert
B. C
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