Wilsons Regime Held To Blame For Present Inflation Of Prices
New York May 22 The Wilson administration is charged with a policy of affluence that financed the war and is blamed for higher living costs since 1914. A report by the Republican national committee advisory group says inflationary expenditures have raised prices for goods and services and increased the cost of war across the country.
MENTIONED IN THIS ARTICLE
New York
Republican National Committee
Advisory Committee
Hurt Bond Holders and Economic Uncertainty
The report cites serious losses to liberty bond purchasers who were misled into thinking bonds offered solid market rates. It blames continuation of a low federal reserve discount rate for fueling postwar speculation and widespread economic insecurity. It notes public support for regulation of public utilities and broader business oversight.
MENTIONED IN THIS ARTICLE
Federal Reserve
Mule Routs Elephant With His Trusty Heel
Kane Pennsylvania May 22 During a circus parade a mule hitched to a delivery wagon kicked twice striking the elephant’s knee causing a sudden limp. The mule paused then finished the parade quietly while observers noted the clash of the two acts.
MENTIONED IN THIS ARTICLE
Kane
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