Treasury reports Liberty Bond retirements and war costs
The treasury's annual 1918 report shows $250 million of Liberty Bonds bought back by November 1, outlining plans to retire five percent annually and reduce interest. It projects $859 million in debt redemptions for 1919, with total outlays around $27.72 billion, and notes a next war loan of $5 billion. Secretary McAdoo urges continued thrift and a shift to peace time savings. The report also describes synthetic glycerine production by fermentation and states the financial system remains sound despite wartime outlays.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Treasury Department
McAdoo
Bureau of Internal Revenue
Nero’s Golden Palace Described in Ancient Rome
The golden house of Nero stood between the Palatine and Esquiline valleys linking Caesar palaces to Maecenas gardens. Built after the 64 A D fire, it featured 2800 foot porticos and a lake where the Colosseum now rises, with a 120 foot high Nero statue in the forecourt.
MENTIONED IN THIS ARTICLE
Néro
Golden House
Nero
Rome
Palatine
Esquiline
Maecenas
Meat Producers Full Duty to Boost War Pork Exports
Government endorses in wartime policy to stimulate hog production and conserve resources. Surge in cattle and hog numbers through January 1 shows gains, with hogs up 8 to 15 percent year over year and weight increases. Hoarding of beef and pork planned shipping steps rely on doubling pork output by fall 1918 and spring 1919 to meet global fat shortages.
MENTIONED IN THIS ARTICLE
Department of Agriculture
The
Food Administration
Europe
America
Argentine
Australia
U. S. Department of Agriculture
U. S. Food Administration
America’s pledge of food to allies in their darkest hour
The article recalls America’s pledge to the interallied food council and describes how an improving food program boosted morale and effort. It notes the American food army, conserved food, expanded exports, and doubled ship shipments as farm enterprises increased and supplies of corn and pork grew.
MENTIONED IN THIS ARTICLE
America
Food Council
American Food Army
Average American business man to aid economic repair
The speaker expresses faith in the intelligence of the average American businessman and asserts reliance on their aid to remedy the evils created by the war, rejecting drastic force to maintain economic distribution and supply use for the great majority of Americans.
MENTIONED IN THIS ARTICLE
Herbert Hoover
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