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Newspaper
The Chronicle Telegram
Location
Elyria, Ohio, United States of America
Date
Apr 05, 1920
Page
2
Classified page rates announced for this edition include one cent per word per insertion with cash in advance. Death notices lodge notices bank and real estate items priced at ten cents per line, and all classified ads charged at ten cents per line.
Premier Venizelos plays key role in London talks on the Turkish question. Smyrna, Asia Minor’s chief port, to Greece as Greek population dominates. Mondell cites fiscal restraint to avoid disaster and warns against new bond issues due to high rates, risking currency and commodity prices.
Washington observers note three prominent diplomats taking a morning airing in Lafayette Park near the Capitol. Henry Morgenthau Jr. as minister to Greece is mentioned alongside Bainbridge Colby succeeding Lansing as secretary of state and Frank Polk cited for multiple postings.
Representative Mondell Wyoming Republican leader warned that government expenditures have exceeded revenues by more than 200 million dollars in nine months. He said the recent 706 million dollar floating debt reduction is temporary and urged economy to avert a calamitous crisis. He warned of more loans and short term notes as the treasury seeks funds, predicting higher rates and renewed debt.
Washington reports expect sharp rail rate hikes as a new government guarantee framework pressures freight and passenger costs. Officials say the 25 percent rise is needed to cover wage, cost increases and the railroad system’s massive value, impacting coal, flour, and all commodities nationwide.
Sir Hamar Greenwood has succeeded Ian MacPher Sor as chief secretary for Ireland. The appointment follows the war service and attache duties of Greenwood in the British government.
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