Dry Goods Now Worth More Than Money Says Analyst
Economic note claims more gold bullion in vaults than ever while merchandise remains scarce since Civil War era. Observers warn of a complete reversal in the nation’s economic scheme.
17 May 1917
Page 1
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Newspaper
Princeton Daily Democrat
Location
Princeton, Indiana, United States of America
Date
May 17, 1917
Page
1
Economic note claims more gold bullion in vaults than ever while merchandise remains scarce since Civil War era. Observers warn of a complete reversal in the nation’s economic scheme.
A new order allows 51 more young men to enlist in Company M as the national guard moves toward full war strength of 1150. Local recruits report 90 men and expect to reach 100 soon, with regulars and Kentuckians in the ranks. The unit has formed a company fund, a store, and a proposed barber shop, financed by innovations learned on duty and local support.
Washington May 17 The Ways and Means Chairman Kitchin said total appropriations passed and pending exceed 6 billion with 445 million more needed to cover requests The Senate and White House clash over conscription as wrangling continues on army service during the emergency.
Congress debates suspending child labor law during the war with Southern senators divided on exemptions. A Washington township oil well on Sheriff Phillips farm reached 1518 feet with 2265 feet showing and will be shot this afternoon to assess productivity. Indiana governor orders a physician on county boards and a five man state exemption board to be appointed to handle draft exemptions.
Copenhagen dispatch reports Germany abandoning peace hints and embracing full war effort. Analysts in America and among Allies see Hollweg as secure and determined to continue hostilities, with Russian socialists seeking peace via revolution and doubts about German internal crisis fading.
Stewart Anderson of Springfield urged the Massachusetts Dental Society at its Springfield convention to run campaigns in newspapers to raise awareness of teeth care. He argued churches could support paid publicity and dentists should use it propriety83
Governor Goodrich issued invitations to Indiana leaders to join a state defense council of about a dozen committees overseeing various war time activities. The effort aims to coordinate home front support during the conflict.
Miss Lottie Spais spends a short visit in Evansville accompanied by her brother Noble Spais and other relatives.
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