Dollar exchange rates burden foreign workers abroad
The National Foreign Trade Council warns that fluctuating American dollar values in silver economies, especially in the Far East, create hardship for U S workers abroad. Export firms seek methods to pay salaries without currency risk while government pay schemes show limited accuracy and losses.
MENTIONED IN THIS ARTICLE
Associated Press
New York
National Foreign Trade Council
Far East
Council
Singapore
Straits Settlement
Sterling Exchange
U. S
Treasury Department
Methods of Paying Workers Across Nations Create Inconsistency
A report highlights varied wage practices among foreign employers. One uses local currency, another accepts 56 6-8 gold cents per Straits dollar, a third bases pay on American gold, and a fourth covers losses from adverse exchange. Meanwhile pneumonia claims Pred Holst, eight, in Fort Dodge, while his wife and four of nine children suffer ill health as professional nurses and neighbors aid the household.
MENTIONED IN THIS ARTICLE
Kamaly
Fort Dodge
Pred Holst
Holst
Yawn Legionnaire editor ill with flu and breakdown
Des Moines April 16 Frank Miles editor of the Yawn Legionnaire is seriously ill at Lawn Methodist hospital with flu and a nervous breakdown. He collapsed at his office and was hospitalized after a physician examination. Miles has canceled speaking engagements and is a well known figure in the city and state.
MENTIONED IN THIS ARTICLE
Des Moines
Frank Miles
the Yawn Legionnaire
Lawn Methodist Hospital
Miles
State Legion
Also Mentioned on This Page
Far East Countries
Town Legionnaire
BAYER
SAY “Bayer
Vufacture
Gude
Gnricher
Panors
Waterloo
America
Cherie
Wallerloo
Lee
Rosewood
Iowa Warehouse Co
Grow-Well Seed CO
Hall, Corner Bluff and
Park ‘Ave
E. Sth Street
Detsen
gq _— Clothiers
Phoenix
Hart Schaffner & Marx Clothes
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!