War not cause disaster says economist Foxwell
Prof Herbert Somortem Foxwell, director of economics at St Johns Cambridge, states a great war will depress economies and likely tighten currency while gold shifts to reserves. He argues recovery hinges on disciplined labor, postwar demand, and reduced military outlays, noting capital destruction and higher interest as lasting costs.
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Governor Hearing Blackmail Tale In Ogden Area
In Balt Lake May 1 hearing begins led by Governor Willian Apty on alleged blackmail tied to payments for avoiding exposure of a state issue. Lawmen describe threats and a possible network aiming to secure rewards. witnesses recount pressure and disguise, while officials consider legal steps and possible charges. The report notes health and public interest concerns, with discussion of safety and ethics.
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Allies Advance North of Ypres Amid German Pressure
French and Allied lines report progress north of Ypres as German resistance stiffens. The German air force bombarded several targets while Allied forces continue a cautious push, aided by reports from observers and field units detailing limited gains and ongoing logistics in the cratered front.
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