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Newspaper
New Mexico State Record
Location
Santa Fe, New Mexico, United States of America
Date
Aug 15, 1919
Page
2
Government actions push markets downward with widespread price drops seen across sectors. Analysts note policy measures are trimming inflation expectations and consumer costs while investors watch for longer term effects on growth and employment.
The War Department announced distribution plans for 2,000,000 surplus wool and cotton goods through post offices and municipal channels. Prices set at 6 for new wool products, 8 for reclaimed wool, 4.94 for new cotton goods. Senators, merchants, and Congress focus on rationing impact and certification schemes as shortages ripple through markets.
Andrew Carnegie died at his Lenox summer home Shadow Brook at 7:40 AM from bronchial pneumonia. He had spent most of the summer in Lenox since May, enjoying Lake Mahkeenac and riding his estate grounds. His daughter Mrs Morwell Miller and his wife were at his bedside, with private secretary present. Also notes of Newfoundland visit by the Prince of Wales, a Mexican plane missing, and unrest in several regions accompany the report.
A political clash over rail wages surfaces as 400000 clerks, freight handlers and station workers push for higher pay to offset living costs. Government ownership is debated. proponents warn of vast costs and political leverage if railroads are state run.
The War Department proposes a revised peace policy with a standing army of 976000 and universal training for 19 year olds. Estimated annual cost is 800 million with 76 million needed for upkeep and three months intensive training for youths.
Attorney General admits law may not reach gougers as food administrators face mounting calls for tougher enforcement amid shortages and rising prices.
The Justice Department under Attorney General Hoover calls for every county to appoint a fair price committee to investigate excessive retail profits on essentials. The plan seeks published price lists, hoarding probes, and enforcement coordination through state and federal agencies.
Dispatches from Vienna report the Rumanian army will withdraw under Entente pressure leaving a six division Hungarian force to keep order. Rumanians are described as disgruntled toward Hungarians Austrians and the Entente amid mounting postwar tensions.
Western Newspaper Union News provides a Washington dispatch: President Wilson asserts that Viscount Uchida’s frank statement on Japan’s future Shantung policy should clear misunderstandings. The note discusses 1913 Paris discussions, the Makinolava terms, and clause references, with cautious critique of an implied China Railway control and sovereignty issues. Seven perish in Dominion Park railway fire. Paris note to Romania stiffens stance against Hangar terms.
A 15 year old girl named Haily Teho-Letma Burrell was attacked by a mountain lion while herding cattle on the town outskirts. After a struggle in which she tried to choke the animal, she was found unconscious with lacerations to her arms back and chest. The lion leapt onto her back tearing clothing. No shots were found. She is expected to recover.
The department signals it will press for jail terms in a major profiteering case. Officials believe public sentiment supports strong penalties while pursuing legal avenues to deter corporate malfeasance.
Washington August 8 Justice Department officials say strong sentiment backs prosecutions of profiteers while President Wilson authorizes Director General Hines to decide rail shop wage demands once workers return to duty The move follows threats to withhold demands and to condemn hoarded foodstuffs as part of a broad anti profiteering push in the era of wartime shortages.
Hungarian supplies blocked as Herbert Hoover and the inter allied relief commission suspend aid to Budapest amid claims of endangering Hungarians. American peace delegates say no U S troops remain in Budapest and none will be sent. Only officers and a few soldiers are present on duty. Three killed by lightning in Indiana and Ohio storm. U S aims to resume Russia trade. Americans and Archangel mission discuss provisioning and Soviet concessions in exchange for goods.
Attorney General Primer announces antitrust suits against Armour Swift Morrie Wilson and Cudahy as the first step in government action to curb the cost of living. The firms have been linked to the federal trade commission and congressional probes into food combinations and control. The cases proceed in federal court with alleged price influence and market restraint.
William Foster aged 64 and wife Mary 65 of 182 Market street Oakland were found in their home after reportedly freeing their canary and taking poison. Neighbors heard a gas alarm and their daughter forced entry to discover the couple dead and a canary cage nearby. The pair, former Denver residents, had shared a long marriage before choosing to die together.
In Muncie Indiana Ralph V Miller told police he preferred the reformatory nearest him and felt he would receive better medical care there than he could provide for himself He had attempted to return to the institution after parole violations but remained at the re formatory awaiting action and medical attention.
New York Charles Ortner a prisoner at Sing Sing refused to apply for a pardon urged by prison authorities He is the first of about 70 000 inmates in the 94 year history of the prison to refuse to be freed Ortner 30 was sentenced May 30 1917 from Brooklyn for assault to two to four years He would have been eligible for parole November 30 1918 but insisted the sentence not be reduced Keys Save Life in Goodland Run Joy Holmes a railroad station agent saved by a set of keys when a revolver discharged accidentally hit his vest pocket and the keys deflected the bullet Henry Mack 80 a colored veteran at Omaha said he would rather remain in the soldiers home than leave his roost and was paroled to his wife
John H. Love of Lynn Mexico dropped a spare tire while inspecting his automobile. The tire exploded, breaking both legs and sending him to the hospital.
A chaotic late market report lists hides tanned and cured with prices per pound, plus malting horse hides and glue values. Metal markets show copper at 2.50 dollars per pound and silver at 1.10 dollars per ounce. Eastern live stock quotes touch Chicago with cattle and hogs priced, and butter and produce notes from Chicago and Kansas City markets.
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