Debt and trade shifts mark postwar U S policy debate
The Republican advisory panel argues the United States is a creditor nation owing about 12 billion dollars since World War I, while calling for higher pay for meat and milk producers. It notes a prewar shift from agricultural to industrial exports, with wartime drives expanding exports in foods and manufactures. The report cites a growing favorable trade balance and rising gold imports, shaping calls for tariff considerations and policy adjustments.
MENTIONED IN THIS ARTICLE
Republican National Committee
Advisory Committee
Sterday
United State
Balance of trade shift and farm policy notes
The text outlines a shift from debtor to creditor positions with large securities sales abroad and private investments. It projects potential export excesses delayed to the 1920s, discusses capital exports, government credits, and a three-year window of export surplus. It then surveys agricultural policy focusing on farm prices, labor, and credit. It urges higher meat and dairy prices, short-term credit for farmers, fertilizer imports, and open exports, plus farm credit and roads improvements.
MENTIONED IN THIS ARTICLE
Uls
United States
Syts
Department of Agriculture
Only 18 Senators Favor House Bonus Bill
The Tribune reports that in Washington on May 11 strong opposition to the soldier bonus bill exists in the Senate. Of fifty eight Senators surveyed, as few as eighteen seem certain to back the House plan, with over half opposed and nine uncertain. Debate touches taxes, politics, and the question of cash payments to veterans.
MENTIONED IN THIS ARTICLE
Tom the Tribune
Washington
Senate
House
Congress
Wilson
Virginia
Senate Finance Committee
Brady Urges Shipping Board to Take Over Port
Brady of the Allied Printing Trades Council addresses Merchants Association urging a bloodless settlement. He says seek U S Shipping Board takeover to keep port operations running and prevent shipping diversion. Longshoremen vote tomorrow night on possible return to work under Governor Smith plan. meeting at St Veronica's Hall follows talks at the Hotel Biltmore.
MENTIONED IN THIS ARTICLE
Peter J. Brady
Allied Printing Trades Council
Merchants’ Asociation
United States Shipping Board
Clivery
New York
Smith
St. Veronica's Hall
Barrow
Washington Streets
T. O'Connor
International Longshoremen’s Association
Hotel Biltmore
O'Connor
42 Wounded in Salute With Ball Cartridges
In Liscombe Iowa a Memorial Day salute by former soldiers injured 42 people, four seriously, when shot cartridges created excessive noise and some rounds scattered into about a thousand spectators in Marshalltown.
MENTIONED IN THIS ARTICLE
Marshalltown
Iowa
Liscombe
Governor Nears Strikes Talks and Port Trade Debate
Governor Smith plans to present proposals to strikers tomorrow night after last-minute talks with leaders of both sides. OConnor travels to Washington to discuss Brady’s suggestion with Shipping Board officials. Alexander R. Smith counters claims that New York’s foreign commerce faltered, citing Custom House data showing 45 percent of U.S. exports moved through New York and March’s share at 61 percent.
MENTIONED IN THIS ARTICLE
Albany
O'Connor
Washington
Shipping Board
Brady
Smith
Custom House
New York
Judge Davies Accepts Senate Invite to Aid Campaign Funds
Judge John R. Davies, campaign manager for Dr. Nicholas Murray Butler, sailed to Chicago to head Butler headquarters and join a Senate effort drafting laws to regulate future presidential campaign expenses. He said the inquiry would prove Butler policy supports uninstructed delegates and condemned the battle for instructed or pledged delegates as divisive and unhelpful to public sentiment.
MENTIONED IN THIS ARTICLE
Senate
John R. Davies
Nicholas Murray Butler
Chicago
Senate Committee
Davies
Butler
Russian Cavalry Regiments Cross Armenian Frontier
Two Russian cavalry regiments crossed the Armenian frontier at Uzuncala on May 21 and advanced into Armenia. Armenia protests to Moscow and has sent troops to the scene, per a delayed Tiflis dispatch. In related report, Resht in Persia near Enzeli has been occupied by Soviet Bolshevik troops according to Persian legation advices.
MENTIONED IN THIS ARTICLE
Uzuncala
London
Armeni
Tiflis
Armenia
Moscow
Constantinople
Resht
Persia
Enzeli
Caspian Sea
Teheran
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