National Bureau report notes real income rise lagged by price gains
The study shows US total national income reached 61.4 billion dollars in 1918, but real production barely rose as higher prices reduced purchasing power. Per capita income equals only 372 in 1913 terms, with most gains from war materials and pricing rather than consumer benefits.
MENTIONED IN THIS ARTICLE
New York
United States
Wis
Lols
National Bureau of Economic Research
Wesley Clair Mitcher
Willford I. King
Frederick R. Macaulay
Oswald W. Knaush
Ture
Distribution of Income and the National Bureau
A 1918 income study shows the top 1 percent earned 14 percent of national income, while 80 percent earned 33 percent. The report outlines labor and capital shares in organized sectors, farmer shares, and origins of production. It also notes the National Bureau of Economic Research formed after the war with diverse directors to ensure unbiased results.
MENTIONED IN THIS ARTICLE
United States
National Bureau of Economic Research
T. S. Adams
Treasury Department
John R. Commons
University of Wisconsin
John P. Frey
International Molders’ Journal
Edwin F. Gay
New York Evening Post
Harry W. Laidler
Intercollegiate Socialist Society
Elwood Mead
University of California
Wesley Clair Mitchell
New School For Social Research
J. E B. Sterrett
Price, Waterhouse and Company, Accountants
N. I. Stone
Hickey-Freeman Company
Allyn A. Young
Harvard University
Americaan Federation of Farm Bureaus
Williams Press Congress President Re elected
Walter Williams of the University of Missouri School of Journalism was re elected president of the Press Congress of the World by acclamation. The congress passed a resolution urging President Harding to permit press representatives at the disarmament conference deliberations.
International Law Association Plans Buenos Aires Conference Topics
The Argentine branch of the International Law Association prepared a program for discussion at the 1922 Buenos Aires conference. Topics include wartime inviolability of mails, international labor in navigation, freight contract law, submarine regulations, recognition of de facto governments, and state responsibility for foreign damages during civil wars.
MENTIONED IN THIS ARTICLE
International Law Association
Buenos Aires
The
Fins
London
International Organization of Labor
Rail labor row threatens strike and rate cuts across railways
Nation eyes possible October 30 rail walkout as big five unions threaten action while other unions hedge. Chicago talks aim to suspend orders, curb wage cuts, and push rate reductions. executives plan to keep mail and passenger service and hire replacement workers if needed.
MENTIONED IN THIS ARTICLE
Ameren
Railway Labor Board
Chicago
Brotherhoods
Washington
Harding
Interstate Ecommerce Commission
Pennsylvania Railroad
Bomb Targets U S Ambassador in Paris Threats Rise
A bomb mailed to Myron T. Herrick, the American ambassador to France, exploded when opened by his valet injuring the valet and wrecking the room. Communists abroad and in the United States threaten ambassadors over the execution of two Italian radicals in Massachusetts.
MENTIONED IN THIS ARTICLE
Reds
America
Myron T. Herrick
France
Braintree
Mass
Herrick
London
Rome
Greeks Seek Peace Efforts as Balkan Victory Grows
The Greeks claim a sizable Asia Minor victory but scholars say public pressure remains high. With British support absent, Greece seeks French mediation as Premier Gounaris and Turkish rival Bekir Samy Bey meet in Paris. Secret Briand talks aim to speed Anatolian peace before long. A British mission prepares to depart for Constantinople to consult with the Kemalists.
MENTIONED IN THIS ARTICLE
Asia Minor
France
Gounaris
Paris
Bekir Samy Bey
Briand
Anatolia
Constantinople
German Cabinet Crisis Talks Hover Ahead of Partition Decision
Chancellor Wirth faces resignation pressure as President Ebert seeks to reorganize the ministry with coalition support. Rathenau likely to stay, Rosen may exit. Stinnes shifts against Wirth while Berlin elections show conservatives and monarchists gaining power against Socialists and Communists, with the Independent Socialists further weakened by internal splits.
MENTIONED IN THIS ARTICLE
Germany
Upper Silesia
Wirth
Ebert
Rathenau
Rosen
Stinnes
Berlin
Portugal coup ends government amid troop seizures and resignations
The military movement against the government culminated in a successful coup forcing the ministry to resign. Troops seized key positions in Lisbon and nearby areas with little resistance, and several cabinet members were killed. Manuel Maria Coelho formed a new ministry afterward.
MENTIONED IN THIS ARTICLE
Portugal
Lisbon
Manuel Maria Coelho
Lydia E. Pinkham's Vegetable Compound Miracle Letter
Altoona readers are shown a testimonial from Mrs. C. W. Benz praising Lydia E. Pinkham's Vegetable Compound after six infant deaths. The letter claims a healthy four month old baby followed treatment and urges others with gynecological ailments to try the product.
MENTIONED IN THIS ARTICLE
Lydia E. Pinkham
Mrs. Benz
Altoona
C. W. Benz
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