U S Treasury to Stop Withdrawals From Banks
The Bridgeport Telegram reports the U S Treasury plans to adjust expenditures and begin paying off certificates of indebtedness from tax receipts, easing bank drains and sparking optimism on Wall Street about funding needs and improved money markets. Officials note European finance remains cautious despite strong domestic order books and potential for lower future food prices.
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Road Conditions Bulletin Tells New England Roads
A Boston news item describes a new United States Weather Bureau road conditions bulletin for New England. It provides prevailing road conditions and a weekly forecast for travel, using color shading and a map to show snow depth and passability on major routes from Maine to Rhode Island.
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Constantine Restoration Hinted as Greece Moves to Vote
In Rome on February, SAYS constantine WILL be restored as Greek Premier Venizelos faces April elections. Hiro Panas, ex governor, claims King Constantine’s return is imminent and accuses Venizelos of imprisoning opponents and suppressing press. Panas says Alexander may cede to his father.
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Yudenitch and staff freed by Estonia
A Reval despatch says General Yudenitch, former commander of the Russian northwest army, may leave Estonia with several staff officers after handing over 260,000,000 marks to a commission formed to undertake a violation of the northwest army.
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Train wreck injures fifty near Savannah Georgia
A Seaboard Air Line train from New York to Tacomaville rolled down an embankment nineteen miles south of Savannah injuring about fifty passengers including three from New York state none fatally. The cause of the wreck remains undetermined.
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High Oil Prices Spur Aggressive Drilling in Pennsylvania
Pittsburgh February reports say the rise of Pennsylvania crude to five dollars a barrel is triggering a widespread renewed search for oil. Leases are taken on long-abandoned fields, and drilling begins in Allegheny County and other regions. Industry leaders note high prices justify costly wells, with western Pennsylvania and West Virginia as primary focus.
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Money Changers Busy In Harbin Manchuria
Ten thousand Chinese are amassing fortunes by dealing in foreign currencies around Harbin. The Chinese quarter hosts busy money changers with elaborate setups and staffs of six to eight. Fluctuation of the Sibersky ruble against the Kerensky issue drives revenue, with rates ranging from 450 to 480 Siberskys per Chinese dollar. Traders roam streets seeking the best propositions before trades close.
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Churchill Says War Recovery Gaining Momentum in England
Winston Churchill, Britain’s secretary of state for war, declared in Sunderland that export trade is growing month by month in value and volume. He said orders are flowing into major industries from home and overseas, and that Britain is on the high road to recovery and consolidation of gains by the soldiers in the field.
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Mexican official says no plan for paper money
Luis Cabrera, secretary of the Mexican government, told the Excelsior there is no consideration of issuing paper money at present. He noted anxiety in business circles over money issues, and said other measures to relieve silver scarcity are being studied but not disclosed.
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Baker Urges Industrial Reorganization in Address
Secretary of War Baker urged industrial reorganization in America to advance civilization. Speaking to Irree Synagogue members in New York, he pressed better employer employee understanding and mutual rights, saying the nation is young and must follow forefathers and leaders to sustain progress. He argued the issue is principle behind the League of Nations, not mere words.
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Placing Men to Do Their Best Work Coastwide Plan
In San Francisco a Pacific coast industry group of ex army officers and psychologists tests employment problems for major firms including three department stores and a street railway. They offer intelligence tests and scientific application blanks to reduce labor turnover and guide workers to suitable positions. Research covers industrial democracy profit sharing and motivation plans to curb discontent.
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Lost spiritual leadership and wartime resolve echoed
A fragmented wartime reflection cites loss of global spiritual leadership and cites past resilience from Chateau Thierry to Argentine as the nation enters a critical third period, with calls to endure like forebears after revolutions and civil wars.
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Chateau Thierry
Booze Ship to Make New Effort to Sail
The steam ship Yarmouth, driven back by a storm after departing for Cuba with whiskey valued at 5000 dollars, is being coalled and expected to sail down the bay Tuesday. Guards have patrolled the vessel for ten days to keep the cargo from being brought ashore. She lies at the foot of West Eightieth Street.
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Improved Barges Built for U S Railroad Administration
In a local shipyard work is underway on an improved type of barge for the United States railroad administration. They are designed for oil and general cargo on the lower Mississippi River. Each barge will measure 230 feet in length with a 44 foot beam and 11 feet depth and a capacity of about 2,? hundred tons.
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