Scramble of Postwar Buying Fears Prompts Economic Warnings
A leading article warns that postwar spending may spark a renewed buying spree as consumers and veterans unlock pent up demand. It notes rising Bond redemptions and regulatory restraints while predicting a slow recovery with pent up needs for autos appliances and homes. It cites past inflation cycles from 1919 21 and the Coolidge boom to urge caution and policy action.
MENTIONED IN THIS ARTICLE
Byrnes
Vinson
Germany
Coolidge
Bill Kolosky Rallies Force Against Nazis
Staff Sgt. William Kolosky, chief clerk in a logistics unit, earned the Distinguished Service Cross in Europe after rallying a clerical group under heavy German fire near St Denis Le Gast. Amid tanks and shells, he organized defenses, set up machine guns, and helped repulse the attack, later admitting fear but insisting on fighting to survive.
MENTIONED IN THIS ARTICLE
Germany
William Kolosky
Kolosky
Google
Europe
St Denis le Gast
St. Lo
Atat
Brond
Stella Wilkins
39Th St
Chicago
Kolesky
Custer
Americans and French bond over kind act by Pvt. Gilbert Acheson
New York dispatch reports Pvt. Gilbert Acheson performed a compassionate gesture that strengthened wartime ties between American and French allies. The act, described as a notable display of good will, highlights ongoing cooperative spirit amid global conflict.
MENTIONED IN THIS ARTICLE
Albert Leman
New York
Walter J. Murphy
Industrial and Engineering Chemistry
Gilbert Acheson
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