Government to take over railroads with major changes planned
President Wilson plans government seizure of railroads with rapid cuts to executive salaries and increased wages for workers. Securities will be issued under director general authority with a large new fund to handle flood traffic and rolling stock supply. Congress to authorize purchases and set guaranteed income, with the government controlling earnings above a baseline while maintaining some dividends. Official estimates vary on total cost, but plan aims to reduce waste and convert the system to a unified operation under strong federal oversight.
MENTIONED IN THIS ARTICLE
Congress
Washington
Dec
Sureainberion
A Orn
Omer Fecuivitien
Wes Pope
Princi
Houston
Aghington
Falkonda
Wilson
J, Si
Wilaon
Conirreks
Iust
No Treasury
Ilroads
McAdoo
Ballasioners
Tia A. Prpalabats
Proba
Williibe
Thapa
Lara
Four Way
Arate Een
Preei
Colarly
Thei Machine Propaniy
Pai
Cavalry of Germany Not Decreasing in War Front Reports
French front dispatch reports that German cavalry forces have not diminished despite expectations. About 649 squadrons exist, with many temporarily dismounted to serve as infantry. Cavalry divisions rose from eleven to fourteen, and infantry divisions often include mounted units depending on terrain and needs.
MENTIONED IN THIS ARTICLE
Ersgtz
Landwehr
Wien
Penn
Navy forms women service unit in British fleet
A British Navy announcement details the creation of a formal Women's Royal Naval Service. The new branch will include women employed on naval duties and those at naval bases. Members will wear a navy blue uniform.
War Summary Highlights Peace Talks and Front Updates
The report outlines conditional peace terms from the Central Powers and allied powers, with Russia's notes, while noting Britain and Italy fronts. It mentions Lloyd George, Ceernin, and naval leadership changes affecting strategy, and describes recent Italian northern front operations and Austrian German movements west of the Brenta.
Wilsons Act Triggers Stock Jump In Open Market
New York stocks soar at the opening on news of President Wilsons action to take over the railroad system. Major gains sweep Transport and utility issues with Reading Union Pacific Southern Railway and Norfolk and Western rising sharply amid optimistic market sentiment. Trading spreads across the board as telegraph and telephone shares gain on the broader orders and government rate expectations.
MENTIONED IN THIS ARTICLE
Wilson
New York
Pritec
Standard
News York
Reading
Tern Pacific
Union Pacific
Southern Railway
Bt. Paul
Atehiaon
Izware and Hudson
Canadian Pacific
Soc
American Cavalry Follows Mexican Raiders Across Border
Marto Texas December 27 two troops of American cavalry pursue Mexican raiders into Mexico after a raid on the White ranch that left one American and two Mexicans dead. Captain Make and Captain Anderson led troops across the Rio Grande in pursuit, with Private John F. Kelly seriously wounded. Reports indicate numerous Mexican casualties while American losses were light.
MENTIONED IN THIS ARTICLE
Hrite
Fitzgerald
Ffteen
Miles Weet
Ae Post Office
Valenting
Artacy
Captainn Make
Anderson
Rio Grande
Mexico
van Horne Canyon
Fives Guarda
Texas
Langhorne
Solding
John F. Kelly
Ees
Italians Sentenced to Penitentiary in Milwaukee Riot
The Noven Italians including one woman were sentenced by Judge A. C. Backus to 28 years in the state prison at Waupun for their roles in the Bey View riot on September 9. Throughout the hearings they maintained a Jovial spirit, bowed heads and tears marked the moment of sentence as defendants denied involvement. Motions for new trial were denied.
MENTIONED IN THIS ARTICLE
Milwaukee
Wis
Neamult
Bey View
Seach
Waupun
Tudige A. C. Backus
Sry
Wooden ship program said to be a failure
Wellington reports at the Senate Commerce Committee hearing on shipbuilding the wooden ship program is said to be a failure. Rear Admiral Howjex testified that only 370 vessels could be built next year with timber and contracts outstanding. He claimed no blame in contract placement and took responsibility for delays in the wooden vessel program.
MENTIONED IN THIS ARTICLE
Wellington
Almont
Aidant
Emercency
Thenate Commerce Committee
Bowles Vata
McMduah
Han
Howjex
Currency reform proposed for Philippine peso system
Manila December 27 a bill to reform the currency system seeks final approval. It proposes reducing coin weight and government issued paper notes named peso with a government limit on denominations, aiming to align bullion value with face value.
MENTIONED IN THIS ARTICLE
Manila
Philppine House
Cee
United States
Drafted Men Will Not Go at Present
A fragment from a historical notice states drafted men will not report at present with unclear context. The readable text suggests a postponement or protest related to conscription and military service.
Central powers press for immediate peace terms at Brest-Litovsk
At Brest-Litovsk Count Czernin and Austro-Hungarian ministers declare willingness to sign peace now on terms that are fair to all belligerents. They reject forced annexations and demand guarantees that Russia's allies will honor and enforce the settlement. The Russian delegation seeks self-definition rights and firm protection of minority rights in a broader peace. The Allied powers echo, stressing no gains from conquest and insisting on unconditional peace with safeguards for small nations.
MENTIONED IN THIS ARTICLE
Russia
Gemirek
Ceernin
Teutonic
Petrograd
Count Czernin
Freat-Litovsk
Count Ceernin
Foralsn
Garmin
Progres
Jolin
Peoem
Rumia
Mwill
Frontera
Altos
Rusia
Trent
Germany
Ruasiay
Ruslan
Hiss
Also Mentioned on This Page
Czernin
NAVY
Loyd George
Des
Paris
de Bono
Mont Val Belin
Neu
Pras
Poe
Branta
SRR RN
Fagmira
John
Jellicoe
Wantyes
Ee du Lac
Inier Brox
Shieae
Weather Forecast
of Weather Bureau
Teri
Bay
Admiral Bowles
Philippines
U. S
Jers
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