Bonar Law Warns Germany Faces Bankruptcy After War Debt
London reports Bonar Law declares Britain’s postwar budget the largest in history. He compares Germany’s looming costs with Britain’s taxes, arguing German taxation and debt would lead to bankruptcy while outlining new levies on income, excess profits, sugar, tobacco, beer, and luxuries to fund postwar obligations. The chancellor notes US aid, Canadian cooperation, and potential loan reductions as figures for the Allies shift.
MENTIONED IN THIS ARTICLE
London
Andrew Bonar Law
House of Commons
United States
McAdoo
Crosby
Europe
Washington
Britain
Ile
Germany
Bonar Law
Great Britain
United Kingdom
Canada
India
Dominions
France
Mr. Bonar Law
German Ace Von Richthofen Shot Down Near British Lines
Baron Von Richthofen, famed German aviator and leader of the flying circus, was shot down and killed behind British lines along the Somme. He had been credited with 78 aerial victories, though not directly for a specific enemy plane. An elaborate burial with military honors is planned by British officers at the crash site.
MENTIONED IN THIS ARTICLE
Associated Press
France
Baron von Richthofen
Somme
Richthofen
Boelke
von Richthofen
War Office
Cir
Union Patriotic Service At Opera House Sunday
A large audience attended the union patriotic service Sunday morning at the opera house. Rev. Robert Atchison gave a forceful war problem sermon in Pittsfield and Griggsville. L. Dutton returned from Oklahoma after ten days of business. The Methodist ladies held a white elephant sale raising funds for the church. Epworth League social planned at the Curless home Tuesday. Leslie Foreman, newly enlisted, is in Bradley Polytechnic Institute training for airplane construction. Funeral of William Hess held. he was a prominent Pike County citizen. Ben Schneider now engineer on Pittsfield Wabash branch. School election quiet. Burr Swan re-elected chairman, Caughlan and Williamson re-elected. Lee Capps spoke in New Salem on War Savings. Dr. LoS Lacey in Quincy on business. Thomas N. Grimshaw died at eighty five. longtime local pharmacist and chemist. Funeral arrangements pending. L J Calloway from Barry spent Sunday here. R T Hicks and Lee Capps to speak at Pleasant Grove Wednesday. Brown family to return from Chicago. In matrimony one and one makes one, but in divorce one from one leaves two.
MENTIONED IN THIS ARTICLE
Union
Opera House
Robert Atchison
Pittsfield
Griggsville
L. Dutton
Oklahoma
Methodist Church
Epworth League of the Methodist Church
Timothy Curless
Leslie Foreman
Bradley Polytechnic Institute
Peoria
William Hess
Milton
Ness
Pike County
Jle
Ben Schneider
Wabash
Ilannibal
Burr H. Swan
Board of Education
Charles W. Caughlan
Gay Williamson
Lee Capps
War Savings Committee
New Salem
Los Lacey
Sunda
Quincey
Thomas N. Grimshaw
Ard
L. J. Calloway
Barry
R. T. Hicks
Pike County Liberty Loan Committee
Pleasant Grove
J. C. Brown
Chicago
Debt, Russia, and capital echo on looming government balance
A discussion notes Russia's debt as not a bad debt, citing future orderly government and need for foreign capital to exploit vast natural resources. It argues that any future Russian government would need to repay prior debts to attract investment, insisting the debt remains serviceable.
MENTIONED IN THIS ARTICLE
Russia
Also Mentioned on This Page
Fletcher
Chas
Bart
Green Bay Levee
Quincy
Edmund T. Perkins Engineering Company
Illinois State Bank
SKRUE
Baron Richthofen
Cus
William
Order of the Red Eagle
Bell-Ans
Kohler & Campbell
Weiler Bros
East Side Square
Science
TROCO
Troco Nut Butter CO
E. Superior ST
John Musolino
Quincy, Ill
Troco Pac
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