Plan to Postpone Gold Payments Discussed by Financiers
Tomorrow a conference between American bankers and English treasury and Federal Reserve representatives will explore relief via a new currency law. Sir George Paish and Blakett propose postponing gold payments for months as New York bankers weigh short term options amid unsettled exchange conditions and a pool in New York for gold payments.
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Reserve Bank
Imetican
Reserve Bank S
George Paish
Blakett
Reserve Board
Bnks
Aa Hua Bern
York
Crisis Over Says Comptroller Williams Sees U S Role
Comptroller John Skelton Williams states the United States has safely passed the crisis tied to war in Europe and will play a stabilizing, generous role in self help and charity. He outlines plans for the new Federal reserve system, cautions against opening stock exchanges, and urges careful, steady economic policy to aid farmers, banks, and industry. The interview covers currency, credit, cotton production, diversification, and national resilience.
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U. S
United States
Europe
John Skelton Williams
Federal Reserve Board
Post
Reserve Bank
Federal Reserve Banks
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America
German and French Views of the War in Staats-Zeitung
The Staats-Zeitung notes a Boston address by Dr Charles W. Eliot suggesting U S aid to Allies if they tire in Europe. It argues this weakens neutrality, cites Harvard figures, and warns of English propaganda to enlist American support. Herman Ridder and others are named in a skeptical critique of wartime neutrality.
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Dr. Eliot
Staats-Zeitung
New York
Charles W. Eliot
Boston
Arthur Conan Doyle
JH OG Wells
Arnold Bennett
Sir Gilbert Parker
England
Euch
United States
Harvard
Eliots
Plan to Invade England Is Very Fantastic Idea
The Courrier des Etats-Ums reports from New York that German press exaggerated invasion hopes after U-9 sank three British ships. It notes Kaiser date setting for February, 200 planes and 46 Zeppelins, German transport plans, and compares to Napoleon at Boulogne and Trafalgar. It also questions feasibility, citing Belgian port dangers and limited air power.
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New York
U-9
North Sea
Paris
Kaiser
Germany
Napoleon
Boulogne
Channel
Lord Nelson
Trafalgar
Antwerp
Kardonvilter
London
More and More Trade Comes to America Boom Times Confronting Cotton Mills
In Charlotte Mills activity signals boom times ahead as some coarse yarn makers curtail, while others report new orders tied to wartime demand. The Parker mills in Greenville SC and Cannon mills in Concord NC will produce towers for British soldiers. Parker spindle capacity exceeds 600 000 running full daytime on foreign and domestic contracts, with 46000 spindles active day and night.
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Charlotte
Parker
Greenville
Cannon
Concord
N C
Parker Mills
Bolivia Seeks Big Smelter Near New York
Bolivia opened informal talks on allowing a large government smelter near New York to process tin ore, with the Bolivian consul general submitting the proposal to U.S. officials. The plan, valued at over a million dollars, aimed to boost production and bolster peace and trade, reflecting broader ambitions for expanded influence in the Western Hemisphere.
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Bolivia
Iuilad
United States
New York
Richard W. Atwater
Europe asks New York for twenty five million war supplies
Special to The Washington Post reports a cable from New York detailing the largest and most varied war-supply tender for Europe, valued at about 25 million dollars. Quotations for items are updated daily with delivery anticipated to begin in months and peak shipments next spring.
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New York
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Eagland 18
European grain order hits Philadelphia dealers
The Philadelphia Bulletin reports a bulk order of 340000 bushels of oats placed by the French and Italian governments with Keusch, Schwartz & Co. The deal, arranged by foreign representatives and Philadelphia brokers, calls for 200000 oats for Italy and 140900 for France to be shipped within ten days. If a 50 percent Italian import duty cut takes effect, Italian buyers may store large wheat and oats quantities.
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Philadelphia Bulletin
Keusch, Schwartz & Co
Philadelphia Commercial Exchange
Italy
France
Germany in U S field for large cotton supply
From the New York Herald. For the first time money has been sent to New Orleans for the movement of cotton. One hundred thousand dollars in gold was transferred from the subtreasury to the New Orleans subtreasury for the Guaranty Trust Company. Transfer at this season signals cotton is being released for consumption. More cotton than expected will be exported. Germany arranging to buy large quantities through U S agents. Cotton to be shipped via Italy, with Italian lines confirming large shipments to Italian ports.
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New York Herald
New Orleans
Guaranty Trust Company
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Italy
US chemists urged to mass produce supplies for war effort
Dr C Monroe of George Washington University told the Chemical Society last night that the United States can profit from Europe’s war by manufacturing its own chemicals. He argued native products cover most needs and urged developing domestic production. Membership was granted to several students including Keenan Middleton Clarke Dennis Floyd Lewis Wolf Bearce Rohy Thawly Hart Paull Hedge Ramsdell Markley and Met or Tolman Mason Gaus Brockwell presiding.
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Dr C. Monroe
George Washington University
Chemical Society
K Keenan
E S Middleton
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Dennis Floyd Lewis
Wolf
Bearce
Rohy
Thawly
J A Hart
Milas
Elizabeth Paull
Paul Hedge Paul Ramsdell
W S Brown
K S Markley
Messrs
Met“or Tolman Mason and
Gaus J. Brockwell
Society
Orders for Auto Trucks Continue to Pour In
From the New York American a flood of foreign orders for American goods drives manufacturers toward capacity. An auto firm cites enough truck orders to last into next summer while New York underwear jobbers struggle to meet factory demand due to heavy foreign government orders. Russian agents lead in underwear orders, surpassing other nations combined, and Husla has requisitioned 200 woolen army capes.
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New York
Automobile Company
Hus*la
Prosperity Seen Across Northwestern States
Stratuse from WY reports New York Central lines head in Prosperity. Amant Jenkins returns from two week trip to the Dakotas Minnesota and Wisconsin. Observes brisk travel and freight movement due to abundant crops. Farmers say prosperity is evident crops are abundant and moving freely. No major political or wartime impact noted. Optimistic outlook for continued business growth across Chicago Minneapolis and St Paul.
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Minneapolis
St Paul
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