Lloyd George outlines war cost and trade balance in Commons
In London on August 18, Prime Minister Lloyd George told the House of Commons the war cost forty billion pounds, with most spent on destruction. He warned that moving from war to peace would take as long as the reverse, cited an alarming trade deficit, and noted import restrictions ending September pivoting potential deals, while the national debt surged from 6 41 million to seven billion.
MENTIONED IN THIS ARTICLE
London
Lloyd George
House of Commons
Great Britain
Britain Faces Ruin Without Restored Trade Balance
The premier warned of an 800 million pound adverse trade balance, shattered by high costs and borrowing, and urged faster production to raise exports while cutting imports. He noted demobilization progress, pension costs, and calls for a 48 hour week with living wages as a path to growth.
MENTIONED IN THIS ARTICLE
America
Canada
Russia
House of Commons
World Disturbed By War Baker's Reason For Large U S Army
Secretary Baker told a Senate subcommittee he supports a 576000 man army citing disturbed world conditions. He said compulsory universal military training for 19 year olds is a measure proposed by experts, though he personally suspects a smaller force might suffice but would not oppose top military opinion.
MENTIONED IN THIS ARTICLE
Baker
U.S
Washington
Senate Sub-Committee On
Mexican Bandit Gang Attacks Truck Train
In Washington on August 19 dispatches reported Mexican bandits attacked a truck train of the Alverado Mining and Milling company en route to Parral and injuring American employee Leslie Webb. Another report said bandits raided the Pennsylvania Mexico Fuel company office Thursday and robbed it of 25000 pesos.
MENTIONED IN THIS ARTICLE
Washington
Alverado Mining and Milling Conmpany
Parral
State Department
Leslie Webb
Department
Pennsylvania-Mexico Fuel Company
Negroes Bound Over In Whiskey Theft Case In Quincy
James Roberts and Frank Welch two Black defendants brought from Iowa to Quincy waived preliminary hearing before Justice E J Bonney and were bound over to the grand jury. Both could not post bond set at all and remain jailed. They had just finished a 60 day Ottumwa sentence for bringing whiskey into dry territory when Sheriff Jim Simmons and Deputy Henry Reinold arrested them for stealing 27 quarts of liquor from Armstrong's saloon in Quincy.
MENTIONED IN THIS ARTICLE
James Roberts
Frank Welch
Iowa
Quincy
Justice of the Peace
E. J. Bonney
Roberts
Welch
Ottumwa
Dry
Jim Simmons
Henry Reinold
Armstrong
Also Mentioned on This Page
Commons
Britain
Bellans
Bell Indigans
Heinze Upright
Weilers
United Kingdom
England
N. Fifth St
China
Brunswick Phonograph
Halbach Schroeder
Navy
Scarlet
Hue
Peter Thompson
Mikado
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