Mixed European fortunes lift mood in foreign policy
Henry Clews notes brighter outlooks with Polish gains and tougher British labor stance. He cites rising US and European cooperation on Russia policy, improving railroad finances, steady export growth, and persistent money scarcity delaying a broad prosperity. He warns of ongoing industrial price uncertainty and tight credit.
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Defalcations Prompt Tightening of Fidelity Bonds
The piece argues many trust holders have betrayed duties, forcing bonding firms to raise fidelity policy costs. It notes heavy losses for security firms, rising living costs, and temptations toward speculation and misappropriation. It urges cautious handling of money and keeping investments local with known people.
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Bridgeport
Paper Substitutes Rise As Straw Mill Aims For Pulp
Prices for traditional paper rise, prompting technical search for substitutes. A Saskatchewan mill plans to produce paper from straw, potentially yielding one ton per two tons straw and two tons coal. If viable, substitutes may meet demand and extend war era ideals cited by Roosevelt.
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