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Newspaper
Seattle Star
Location
Seattle, Washington, United States of America
Date
Feb 15, 1921
Page
7
Washington reports budget estimates showing total war costs of 2,693,000,090 dollars for the year. Per person, the nation pays 24.24 dollars in war expenditures while total per capita appropriations reach 31.92 dollars. Nonwar spending is 34 percent. future war readiness totals 861,291,800 dollars.
In a throne speech in London on February 11 King George I urged Irish leaders to abandon violence and pursue home rule. He announced measures to curb unemployment with unemployment insurance, rail and industry reforms, liquor restrictions, and talks toward a trade agreement with the United States. The address also noted costs to be reduced, greater labor-capital cooperation, and plans for imperial policy and naval armament restraint. The ceremonial convocation featured the king and queen entering amid troops, with the Prince of Wales and Duke of York present.
New York report shows hotel prices staying high despite a general drop in other goods. M. Statler notes the shift from room sales to wine and liquor profits, arguing the 70 percent rate increase is needed to offset the 76 percent decline caused by the 18th Amendment.
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