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International Harvester profits rise while losses mount in 1917
Chicago reports show International Harvester of New Jersey earned 14 million dollars after taxes in 1917 led by steel operations. The International Harvester Corporation faced 13.9 million dollars in losses from Russian funds and German commandeered equipment, contributing to a 1.35 million dollar year deficit. Wage hikes and large Liberty loan subscriptions were noted as employees supported wartime effort. A separate Canal Zone Red Crescent group formed to aid the American Red Cross.
MENTIONED IN THIS ARTICLE
Chicago
International Harvester Company
New Jersey
International Harvester Corporation
New Jersey Company
Russia
America
HFS
Germany
Croix Works
Lille
France
Rumania
Belgium
Serbia
United States
Canada
Anecon
Canal Zone
Abou Saad
Noble of the Mystic Shrine
The
Red Crescent
American Red Cross
War Relief Fund