President Defends War Cabinet Plans Amid Criticism
In a forceful address, the President rejects claims of government inaction and argues for a war cabinet and director of munitions. He praises Secretary Baker, notes reorganization already under way, and stresses legal powers are needed to unite war efforts. Chamberlain disputes and clarifies his New York remarks. The President asserts the public deserves access to committee discussions and asserts the war is the people's.
MENTIONED IN THIS ARTICLE
Senate Military Committee
Baker
Corn harvest outlook brightens as receipts rise
New York reports suggest larger corn receipts may boost future deliveries. Interior receipts totaled 1,439,090 bushels, up from 1,000,000 last year, with about 6,000,000 bushels in transit. West cash markets fell about 6 cents, futures easing slightly. Oats weakened with higher receipts and renewed export demand. hog prices at yards fell about five points.
MENTIONED IN THIS ARTICLE
New York
Iarger
Indian Women Education Needs Medical Profession Push
At a Woman's Indian Study association meeting Miss Boyd, secretary in England for the Woman's university settlement Bombay, said only one per cent of Indian women could read and urged Indian girls to pursue medicine. An authority noted an Indian woman in her third birth has less chance than a soldier on the battlefield.
MENTIONED IN THIS ARTICLE
Woman's Indian Study Association
Miss Boyd
England
Woman's University Settlement
Bombay
New Passports Replace Old Parchment Document
Washington reports the old American passport is replaced by a modern design aimed at security and anti counterfeiting. The new passport, issued to travelers to Europe and Asia, carries a blue gray background with microscopic UNITED STATES Passport repeats and a multilingual notice inside cover. An American eagle replaces the old emblem and the text remains strict.
MENTIONED IN THIS ARTICLE
Washington
Europe
Asia
Oil Tanks Explode in Standard Oil Yards
Paterson New Jersey January 21 oil tanks exploded in the Standard Oil storage yards tonight causing a large blaze. Firemen gained control after three of five 50000 gallon tanks were destroyed with burning oil spreading over a wide area.
MENTIONED IN THIS ARTICLE
Paterson
N. J
Standard Oil Company
Live Financial News of Day Tersely Noted
New York reports a thin trading day due to fuel conservation, with gains in selected stocks tied to Austria turmoil and potential Vatican peace overtures. Sugar and leather shares show strength, rail stocks steady amid McAdoo assurances, copper remains firm on expanding world demand, and Interborough Consolidated yields a solid dividend. News notes inflation comparisons in Europe and war loan speculation.
Treasury Figures Show Need of Borrowing
Washington reports from the treasury warn of large scale borrowing as the third Liberty loan proceeds arrive. Ordinary receipts since July 1, 1917 rose to about 80 million, while disbursements exceed 400 million. Short term note sales, certificates of indebtedness, and war savings stamps finance fiscal needs through mid year with a 6 billion minimum objective for the next loan.
MENTIONED IN THIS ARTICLE
Washington
United States Treasury
Treasury
Allnes
Great Britain
France
McA@goo
Chicago Opera Faces Deficit After Season Ends
Jan 21 Chicago Grand Opera guarantor Max Pam said the just closed season produced a deficit of more than $50,000. The company still has six weeks of performances in New York and Boston. Guarantors signed a contract guaranteeing five more seasons for the Chicago company.
MENTIONED IN THIS ARTICLE
Chicago
Max Pam
Chicago Grand Opera Company
New York
Boston
Missouri order halts all breweries for 30 days
Jefferson City Missouri January 21 all Missouri breweries must stop work for two days each week under a state fuel director Crossley order. No brewing or bottling beer or other beverages on these days. The 30 day order follows a statewide stop. Minnesota facts about open season birds and bag limits appear in brief.
MENTIONED IN THIS ARTICLE
Jefferson City
Missouri
Crossley
Heatless Day in Wall Street Hits Trading Activity
New York January 21 a heatless day in Wall Street reduced trading on the stock exchange with sessions running in frigid temperatures. Market tone remained firm though turns toward stronger undertone as rails and industrials showed better tone while most sectors lagged. Bond and money markets showed little change with Liberty 3 1 2s near 88 1 2 and call money at 6 percent.
MENTIONED IN THIS ARTICLE
New York
Wall Street
Stock Exchange
Washington
McAdoo
War Department
People’s Gas
Western Union
Liberty
U. S
T. L. Watson and Co
Bankers
Main
John Streets
Bridgeport
Conn
New York Stock Exchange
Car & F
AS & Re Co
Can Pac
Cal Petro
Cen Leath Co
Chi M & St P
CRI & Pac
Cri&p Pia
Dr I&p Pi
Chile
Chesa & Ohio
Dis Securities
Erie
Goodrich Co
Gt Nor Ore
Inter Nickel
Miami
Nevada
Sinclair Oil
South Ry
Stude
Tenn Cop
Texas
Gnien Pac
U Cig
UST
Alco
U 5 Steel
Utah
Wabash
West Eloc
Willys
U.S
Security Review Will Check Capital Waste
Washington January 21 The plan under which the Federal Reserve board will act in its survey of the issue of new securities will be announced some time this week. The board has before it many applications to sell public issues of short term notes and long term bonds. A large percentage comes from municipalities. Most deliberations will be on requests from municipal and state authorities. Industries nonessential to the war program will not be allowed to issue new securities. Those with deferred extension programs must withhold offerings. The coal administration has declared that a man with coal cannot use it in his factory during the shutdown period. There is no restriction against manufacturers who have cash in bank and wish to extend their business even if it is nonessential.
MENTIONED IN THIS ARTICLE
Washington
Federal Reserve Board
Coal Administration
Also Mentioned on This Page
Tor
Senator Chamberlain
Chamberlain
Congress
Department
Bunker Hill
Army
Council of National Defense
War Industries Board
Clearance Committee
War Cabinet
Barnet O &G
Chevrolet
Pr & R
Curtiss Aero
Duthia Ao
ABC Metals
Atlanta
Big Ledge
Booth Mina
Caledonia
Cai'& Jerome
Gibson Cop
Howe Sound
Louisiana
Ohio
Portland
Hercules
Rochester
St & Ld
India
Boston Transcript
P. L. Crosby
Jopficer
Austria
Vatican
Central
Wilson and Co
Garfield
Garriers
Central Leather
National
Conduit and Cable Company
Conper
Be- Washington
Tnteggagionl Farvester
T. National Harvester Common
International Harvester Corporation
Mitering
Bank of England
Bank of France
Russia
Interborough Consolidated
Interborough Consolidated Comition
Tnited States Steel
Marive Preferred
Beethlehem Steel
Mexican Petrolleum
Chicago Opera
Minnesota
the City National Bank United States Depository
Waly Streey
Fairfield Ave
Pennsylvania
Kentucky Oil
Virginia
Kentucky
Holland D
Broadway New Ork
Uver
Cales
Barnum
T.L. Watson &Co
Bankers Corner
Main and John Streets
James Staples & Co
State Street
Bridgeport, Conn
John P. Keogh
Ganes
Glock
P. O
Geo. S. Lewis
Mer
THE
Connecticut National Bank
Wall Streets
People’s Savings Bank
Main Street
United States
Austin Company
Newfield Building
Astor House Building
Pew
Broadway
Barclay
L. D. Stauffer
H. J. Plantips
K. A. Pritchard
Austin Standard
Austin Company Industrial Builders
Cleveland
Detroit
Indianapolis
Philadelphia
Pittsburgh
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