Federal Reserve Board Sees Unusual Prosperity Ahead
Washington June 2 The Fed board notes May activity shows vigorous buying power and hopeful prospects for summer and autumn. It warns prosperity may falter if demand remains driven by postwar looseness. prices show no sharp decline and many sectors report stronger tones. The banking system remains sound with reserve percentages able to hold their own despite unsettled conditions.
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Washington
Federal Board
Snema
Tedarni
U S Flyer Over Sweden in Naval Flight
Stockholm reports Captain Batt an American naval aviator arrived at Cavar after departing Colmar and later landed near Nynäs about 60 miles north of Stockholm. In Texas First Squadron Fifth Cavalry moves toward the Big Bend district near El Paso under Colonel Langhorne as debate rises over large unpaid balances with the Americas government.
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Yanks Leaving Archangel and Other War Dispatches
Archangel withdrawal under way as 333rd infantry await evacuation per War Department cable. Reports from Memphis and nearby recount a lynching of a Black man accused of assaulting a white woman near Min svat Wells. Bank robbery in Forest River nets $55,000 in cash and bonds. Canadian militia ordered to be ready for service. Greek forces land near Smyrna with light Turkish opposition. River found with body in New York harbor amid Navy program notes. Yukon grants equal suffrage amid frontier elections. Five children die in a Sherbrooke fire. one gravely burned. American relief sends $100,000 from United States Steel to support Berbs and Yugoslavia relief efforts.
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British turn down Atlantic flies and Austrian notes reach Paris
President informs Washington that the four power council rejected pooling German captured tonnage while the Austrian credentials commission approved Austria’s note to the peace powers on Carinthian matters. Lieutenant Commander Read’s NC-4 crosses the Atlantic from the Azores to Lisbon in 9 hours 44 minutes, the first such flight in history.
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West strikes widen across provinces and regions
A major general strike began in Vancouver and spread over a week to Calgary and Edmonton with talks of action in Victoria. Postal workers in Calgary reportedly led the walkout delaying mail, while efforts to mobilize volunteers to move these duties are planned as the spread deepens.
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Hawker Jeers U S Flyers in London Tribute
Barry G Hawker criticized the U S Flyers who earned the fleet crossing honor for a heavier than air craft. He warned that placing ships every fifty miles shows no fight in the motor. The Tuncheon audience of 250 to 300 Brits greeted his remarks with st rance after earlier cheering the American aviators.
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Azores
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London
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United States
Atlantic
Tuncheon
Refunds Loom On Luxury Tax Postpone
Washington reports the IRS faces refunding over 1.6 million dollars if the luxury tax is repeated. lawmakers must act within ten days or two weeks after passage to halt collections. About 40 million people may claim refunds as officials notify retailers to stop collecting the tax.
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Internal Revenue
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Navy Warns of Peril From Sea and Keeps Battleships
Tear Admiral McKenn told the House naval committee that the navy must retain at least sixteen first class battleships with a total crew of about 20,893 as a peace time force. He noted the cost per man and that construction of battleships and battle cruisers should continue, despite wartime suspensions. Secretary Daniels presented the General Board report backing rapid completion of the 1916 authorizations.
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German peace terms limit army to 100000 men
Berlin reports the German reply to allied terms accepts a 100000 man army on a peace footing but argues the limit should not be enforced until conditions are thoroughly stabilized.
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Berlin
Yank Troops Land at Danzig Amid Baltic Tension
News from Paris reports British and American marines landed at the Baltic port of Danzig. Other dispatches note Soviet mobilization in the Sudian mining district near Joxinka and Villa threatening to move through the U S if Carranza troops pass.
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Three Die In Indianapolis 500 Race Tragedy
The Indianapolis 500 drew a record crowd as Ralph De Palma led early but a broken valve sidelined his Packard. Three contestants died in crashes and fires including Arthur Thurman and Louis Lecocq. The race was halted after fatal incidents and the crowd watched as cars roared past the perilous brick oval.
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de Palma
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Playwright Sued by Wife for $50,000 Damages
Alede G. Stoddard sues George E B Stoddard in supreme court claiming he hid from her that he already had a wife at the time of their courtship and marriage. The suit seeks $50,000 in damages.
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New York
Alede G. Stoddard
Supreme Court
George EB. Stoddard
Three Boys Drown In Mississippi River Tragedy
In Minneapolis on June 2 three boys Melvin Date Herbert Dorsey and Leonard Peterson drowned when an old rowboat capsized on the Mississippi River A fourth boy Carl Nelson swam ashore and described a large wave overturning the boat before he was saved by another swimmer.
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Melvin Date
Herbert Dorsey
Leonard Peterson
Mississippi
Carl Nelson
Artist Granted Divorce in Ohio Common Pleas Court
Chandler Christy, noted artist, was granted a decree of divorce from May Belle Christy by the Common Pleas Court in Zanesville Ohio on June 2. The proceedings followed a brief marriage, with local commentary noted and unrelated social tidbits included.
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Chandler Christy
Common Pleas Court
Zanesville
Zanesville, O
Howard Chandler Christy
Maybelle Christy
Germans submit counter proposals to peace terms
Germany presents 108 pages of counter proposals to Allied leaders, seeking to revise the peace treaty. They demand plebiscites on key territories, insist on free ports and neutralization of the Vistula, and offer to disarm to 100000 while seeking indemnities and retaining some colonies under a league mandate. The Allies plan to study and respond, with possible renewal of the blockade if talks fail.
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British reply rejects Afghan armistice demand in Khyber
The British political agent in Khyber Northwest India says Afghanistan should address the Viceroy through the British commander in chief if peace is sought. The Afghan commander calls the war unlawful and claims a suspension order was issued by the Amir, but British sources say tribesmen were informed otherwise.
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India denies Afghan claims of British aggression on frontier
The Indian office reports Afghan messages alleging British aggression are false. The viceroy has received a letter from the Amir protesting northern frontier events. Officials say the letter is definite and leaves no doubt about the parties involved.
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Haw
Police moved to remove political posters in Coblenz and Treves
American military police ordered in Coblenz and Treves to tear down politics posters and curb political chatter after British reports of Cologne protests against Rhineland separation. Officials cautioned against demonstrations and possible intrigues by influential Germans aiming to back separation. a church meeting was allegedly used as cover.
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