Baruch Assails Debt Cancellation and Tariff Crisis
Gleanings from Washington report Baruch criticizing Balfour on debt cancellation. Allies should repay debts when Germany can pay ten billions. Tariff bill threatens failure as House redirects to conference with embargo removals and free potash list. Senate and House confer on soldiers bonus bill amid White House veto threats.
MENTIONED IN THIS ARTICLE
Baruch
Barach
Balfour
Hote
Germany
House
Harding
Senate
Shipping Board
George D. Perry
San Francisco
McVary Reclamation
Simmons
Paugherty
Representative Keller
Minn
Judiciary Committee
United States Steel raises rail prices and railroads move toward settlement
United States Steel Corporation increases steel rail prices by $3 per ton to $48 effective October 1. Railroads announce settlement talks with fifty to sixty five lines in Chicago and union leaders authorize separate peace deals though some roads may follow. Administration leaders in Washington view separate peace as a path to general settlement. Freight revenues rise about $10 million in June while passenger revenues fall by $4 million. Tariff talks set a 1.34 dollar per pound duty on potash amid agricultural opposition. Resumption of anthracite mining delayed by labor shortages and mine conditions. Four major eastern railroads impose a freight embargo on anthracite as Pennsylvania clerks threaten strikes and New York clothiers look to a hopeful season.
MENTIONED IN THIS ARTICLE
Standard Oil
New Jersey
Standard Oil Company
Davis
United States Steel Corporation
Franklin D. Roosevelt
Germany
George I. Downs
Lackawanna Steel Company
Mmcolm Sumer
New York
Berlin
Leonid Krassin
State Department
Republic of Liberia
Senate
Brandegee
Connecticut
United States
Hoover
Harriman National Bank
Lewis
Chicago
Jewell
Union
Washington
America
Herbert Hoover
Commerce
Pennsylvania
Clothiers
Fire destroys Terre Haute plant of American Homing Co
Fire at Terre Haute Indiana destroys the American Homing Company plant causing about 3000 dollars in losses. Minority preferred shareholders sue Kirby Lumber Co for 7500000 in back dividends. Ford orders 1 million dollars worth of brass for radiators from Detroit. Shipping Board sells two steel cargo ships Mendon to Alaska Steamship and Lake Sunpee to W J Gray. Nations discuss Greece and Ireland amid Balkan tensions.
MENTIONED IN THIS ARTICLE
American
Terre Haute
Ind
Kirby Lumber Company
Ford
Detroit
Shipping Board
Mendon
Alaska Steamship Company
W. J. Gray
San Francisco
Asia Minor
Greece
Irish Free State
Germany
Ruhr Valley
Bank of Tennessee Sat
Nashville
Federal Reserve System
Atlantic City
Chicago
Senator Lodge
Massachusetts
Townsend
Michigan
Newberry
Cole Cleuse
South Carolina
Various Sports Results From Across Leagues
Orange County defeated All-Ireland 12 to 6 in polo at Philadelphia. Three players recalled by Brooklyn NL Club. Paavo Nurmi sets two world records in Stockholm 5000m and three mile. American yacht team wins Oyster Bay race 22 to 14. Suzanne Lenglen may retire from Wimbledon after health issue. 1100 California co-eds sign up for sports at fall term. Thomson wins national decathlon at Newark with 6892.57 points. New York A C wins quarter mile relay title.
MENTIONED IN THIS ARTICLE
Orange County
All-Ireland
Philadelphia
Brooklyn
John K. Milius
Nashville
E. R. Vines
Bridgeport
Wallace J. Wood
Seattle
Paavo Nurmi
Stockholm
Suzanne Lenglen
Hannam
England
University of Caifornia
Princeton
Thomson
Weequahie Park
Newark
A. A.U
Tee New York A. C
War clouds gather as Europe braces for new conflict
Reports warn of a rising global clash with Moslem and bolshevik forces, while Britain considers declaring war against Kemal and Russia openly aids the Turks. Reparation Commission loses control over a German debt crisis and Allied premiers are drawn in.
MENTIONED IN THIS ARTICLE
Smyrna
Europe
Mustapha Kemal
Constanting
Great Britain
Russia
House
San Lucia
Uruguay
Congress
Switzerland
Italy
Kipling
Clare Sheridan
Ruhr
Germany
Belgium
Carl Gray
Union Pacific System
Canadian National Railways
Turko Turkish Smyrna Fire Wrecks City and Death Toll Soars
Turkiye troops and flames devastate Smyrna as fires kill about 1,000 Armenians and Greeks. Refugees flood streets while American and Allied vessels rescue survivors and evacuate staff and archives amid a multi-million dollar loss across consulates, schools, firms, and warehouses.
MENTIONED IN THIS ARTICLE
Athens
Smyrna
Barnes
UD. 8
Simpson
Edsall
Salonika
Barton
Hepburn
Litchfield
Minnie B. Mills
American Collegiate Institute
Post
Mount Pagus
Mark L. Bristol
Constantinople
United States
Hall
Lawrence
Arork
Alston Company
St. Joseph's College
Orosch Bach
Penny Not Interested In Settlement Says Atterbury
Philadelphia report states vice president W. W. Atterbury refused to comment on a reported settlement with shopmen. T. De Witt Cuyler could not be located for statements, and the office indicated the Pennsylvania railroad had not been affected by the strike and was not interested.
MENTIONED IN THIS ARTICLE
Penny
Atterbury
Philadelphia
Cable as guide to ships Manchuria sails by submerged line
The Manchuria steamed from New York to Hamburg following a submerged cable from the upper bay to Ambrose Light. Lt Cmdr J W Reeves Jr of the Navy radio section led the experiment to help ships sense their course in fog from the port.
MENTIONED IN THIS ARTICLE
Manchuria
New York
New, York
Hamburg
Upper Bay
Ambrose Light
J. W. Reeves, Jr
Bureau of Engineering, Radio Section
United States Navy
Government shows strike intimidation in Chicago hearing
Government attorneys presented affidavits at the strike injunction hearing before Judge James H. Wilkerson alleging a conspiracy against interstate commerce by shop men. Evidence included 25,000 affidavits read to the court, with a synopsis read later and exhibits filed. The court admitted photographs of a tar and feather incident and ruled that coordinated unlawful acts suffice to prove a conspiracy without requiring spoken or written communications.
MENTIONED IN THIS ARTICLE
Chicago
Jdge
James H. Wilkerson
UN States District Court
Wilkerson
Blackburn Isterline
Clifford Keil
Chicago and Alton
Slater
Keil
Lee I. Winkie
Donald Richberg
B. M. Jewell
John Scott
United States Supreme Court
Six Killarney women visited by masked intruders
Six young women in Killarney were found in bed by armed masked assailants who painted their bodies green in an incident reported from Belfast. Other items note the Typographical Union urging President Harding to replace Public Printer Carter, Ireland’s League entry prospects, and U S bankers’ losses from German currency dealings. McLeod defeats Blease in South Carolina governor run-off by 15,000.
MENTIONED IN THIS ARTICLE
Belfast
Killarney
Atlantic City
Harding
George H. Carter
Geneva
League of Nations Assembly
Ireland
League of Nations
Assembly
Paris
Germany
Tus
Phoenix
Arizona
Ashurst
Toko
Japanese Navy Department
Montreal
Carl R. Gray
Union Pacific Railroad
Canadian National Railways
Columbia
S. C
South Carolina
Thomas G. McLeod
Cole L. Blease
Peace Strike Ends As Rail Shops Ratify Plan
Chicago policy committee authorizes B M Jewell to sign peace with individual rail lines ending the July 1 strike. The Jewell Willard basis includes seniority rights restoration, back to work within thirty days, and payroll retention for non violent strikers.
Berlin Rejects 100 Million Gold Deposit in Reparations Crisis
Berlin refuses to surrender the 100 million gold marks demanded by Belgium as guarantee for the six months note. The crisis deepens as Allied commission members deem the situation beyond control and call for immediate Allied premier attention.
MENTIONED IN THIS ARTICLE
Berlin
Paris
Germany
Belgium
Predict Mill Suspensions Due to Coal Shortage in Carolinas
Southern Power Company supplies 300000 horsepower daily to industries in the two Carolinas including 300 textile mills and five million cotton spindles. The firm faces forced one day weekly suspensions unless coal transportation relief is found.
MENTIONED IN THIS ARTICLE
Carolinas
Charlotte
N. C
Southern Power Company
Government wooden ships fleet sold for $750000
The Shipping Board sold a fleet of 217 wood ships and nine composite ships for 750000 to George D. Perry of Lent Humphrey San Francisco. The sale, overseen by Chairman Lasker with ten bidders, required the vessels to be dismantled and not used for transportation. The opening bid was 400800 by Dravo Contracting Company and bidding remained heated between Pittsburgh and San Francisco interests.
MENTIONED IN THIS ARTICLE
Sulesme
Sauté
Theet
Dravo Contracting Company
Pittsburgh
I. R. Dr
Washington House balks at tariff bill and delays vote
House revolts against the tariff bill and sends it back to conference with instructions to drop embargo and duty on potash. Passage may be deferred until after elections as Baruch reports Allied ability to pay. Conferees revise the bill to remove the embargo and raise duties. A broad business conference in Washington seeks downward coal price readjustment and stable supply for households.
MENTIONED IN THIS ARTICLE
House
Baruch
Barach
America
Germany
Representative Garner
Texas
State Department
Treasury
U. S
Fordney
Ways and Means Committee
Senate
Washington
Hoover
Also Mentioned on This Page
Nation’s Business
Turk
Benito Mussolini
Fascista
Pire Tye
Fascisti
Unions’ Policy Committee
Mr. Jewell
Baltimore
S. Davies Warfield
Seaboard Air Line
Executive Council
Mr. Warfield
Baltimore and Ohio
A. H. Smith
New York Central
Willard
Western Railroad
Elsie Robertson
Lady
Department of Agriculture
Civil Service