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St. Croix Avis, 1919-08-30, page 1

Collection
Newspapers
Sub-shelf
St. Croix Avis
Kind
Newspaper
Date
1919-08-30
Pages
1
Text
Native Text

\ = N QA4 P \ N ’// ) | 1N A\ Y ‘ @ A ¥| . ,\\\\/ i | 75TH YEAR. CHRISTIANSTED, V.I. U. S A., SATURDAY, 30t AUGUST 1919. war ‘‘we cannot prosper’’ he said ‘‘and we cannot even exist without covering | and mairtaining onr international trade we must bring up our trade balance add- | ing to exforts and !essening our ‘mports, we advanced some four thousand million pounds to the worl¢ from which we are getting interest we have sold £1 000,000- | (00 foreign securit'es to pay for the war material for ourscives and our Allies, we have borrowed. £1,200,000,000 from America and Canzda for the same pur- pose. Our allies mcluding Russia owe us £1,800,000,000. At the present mo- ment our adverse Liade balance is £BOO - 000,000, we mnwust ‘Bridge that chasm or at the bottom of it<s ruin, we are build- lni;fa temporai'y briige by borrowing, not only is the state "borrowing but tra- ders are borrowing, for raw material and for food ant so forth and that will only end in icatastrophe in every direction, we are spending more and earning less, we 3re consuminZ more and producing le. …

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Original source: https://www.loc.gov/resource/sn84037526/1919-08-30/ed-1/?sp=1

SHA-256 3dc5d1b4c2f287ff7fe78f1bc96e9a8c73b3210c1058e48ee9ba84e3f22c1146

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Per title, recorded not guessed. St. Croix Avis: Brian 2026-08-22 fair game (ceased 2024). West End News (sn84037548, 1912-1973), Home Journal (sn84037503, 1951-1973), St. Croix Tribune (sn84037536, 1922-1937): Brian 2026-08-23 take. The Daily News of the V.I. (568 pages, 1955-1978): EXCLUDED - publisher active; the Library's clearance is the Library's. Pre-1930 material PD outright.

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Document text

\ = N QA4 P \ N ’// ) | 1N A\ Y ‘ @ A ¥| . ,\\\\/ i | 75TH YEAR. CHRISTIANSTED, V.I. U. S A., SATURDAY, 30t AUGUST 1919. war ‘‘we cannot prosper’’ he said ‘‘and we cannot even exist without covering | and mairtaining onr international trade we must bring up our trade balance add- | ing to exforts and !essening our ‘mports, we advanced some four thousand million pounds to the worl¢ from which we are getting interest we have sold £1 000,000- | (00 foreign securit'es to pay for the war material for ourscives and our Allies, we have borrowed. £1,200,000,000 from America and Canzda for the same pur- pose. Our allies mcluding Russia owe us £1,800,000,000. At the present mo- ment our adverse Liade balance is £BOO - 000,000, we mnwust ‘Bridge that chasm or at the bottom of it<s ruin, we are build- lni;fa temporai'y briige by borrowing, not only is the state "borrowing but tra- ders are borrowing, for raw material and for food ant so forth and that will only end in icatastrophe in every direction, we are spending more and earning less, we 3re consuminZ more and producing le. 8, these are facts and it eannot las.,’”” The production of coal,this yea- .Le Premier contin- ues wn‘iJ be 200,0/);000 tons compared with - 287,000,000 “ifore the war, al- .though there uare 20,000 more miners employed at prc.nt than before. A | toir of coal whi~h zost ten shilling<in 1913 now costs 26 shillin¥s. Mr. Lloyd George declared, coal was rae chief factor in the industrial situation and he said that the outlook indeed was fark unless tie con- divions which he sta.@¢ should be changed. - St. Thomas, August 27th.—Cable be- tween San Juan arfl Jamaica repaired restoring communization with Jamaica fl_nd all points beyond via this Com.pany’s | infs. : . | London, Aucust 18th.—The Prince of | Wales, it is understand here, will remain | in the United Statgs for ten days on his | forthcoming visit. = ; London, Augnst 16th,—The restrictions on the out put of beer have been remov- ed. The Govt. announced that the act restricting the output will be repeale! at the next session o/ Parliament. Mean- | while. its provisions will not be enforced. - Washington, August 18th.—It was the unanimous opinion of the American ex- | perts on far eastern affairs at Ver:ailles, | that war must resalt from the Peaze | Treaty provision, giving Japan control | of the Chinese Province of Shantung, the | Senate’s Foreign Relations Comuittee | was told today by Mz, Millard, an Ameri- | can writer, who was attached tothe Chi- nese Peace Delegation. ‘ London, August™19th,—The Gavern- ment today gave out the details of a new THE ST. CROIX AVIS : is printed and published daily (Sundays and Holidays excepted) by G. Johansen at the Avis Office. ; TER MS---40 cents monthly in advance, 2 cents per single copy. a Enterzd as second-class matter May 26th 1917 at the Post Office at Christian- | sted, St. Crotx, V. L. of the U. S. A.. un- der the Act of March 3. 1879. _ Contribution to this paper will be glad- ly received when the same deals with mat- ters of gemeral interest, and is accompa- nied with the author’s name, as a quar- antee of good faith. The editor cannot be | responstble jor the views of his.correspon- | dents nor docs he necessarily endorsethem. | TELEGRAMS - | ST. CROIX STATION. i London, Aug.. 18th.——The war costs” amount to forty thousand million peunds ' Mr. Liovd George declared in a speech | in the House of Commons today. On the | firancial and industrial situation the most of this sum was spent for purchases of destruction, the Premier asserted that changine from war to peace conditions would take just as long as to change from peace to war, for the first out- standing fa~t of the present situation was alarming, adverse trade and im- port restrictions which will terminate | on September Ist the Premier contin- ued, had given British manufacturers an opportunity of making and dealing in goods which otherwise haa been hur- ried here from foreign couatries, he said that before the war the imports | had exceeded the exports from the Uni- | ted Kingdom by##lso,ooo,ooo the re- ceipts from foreign investments at pve- sent are down to £100,000,000 while Great Britain has to pay back an ad- verse tradz balance of £800,000,000 la- bour conditions in_United Kingdom he said had improved, of 3,000,000 men | demobilized only 350,000 have not yet | been absorbed in industries. The Na- | tional debt he deelared had grown from ] £631,000,000 to £7,800,000,000. Pensions | cost the Govt. £100,000,000 yearly pri- vate expenditures in aggregate he said were more formidable than the public expenditure, one way in meeting the in- i crease in the expénditure was to increase | production but the output is less in every thing except in agriculture’ The Premier | deciared that if the country continues in | the way in which it is going"the adverse | trade balance would reach £1 000,000,000 | compared to £150,000,000 before the No. 199 offer which M. Auckland Geddes, Min- ister of Reconstruction,on Friday promis- ed the Executive Commiitee of the lo- comotive enginemen and stokers would be communicated to it. The Govt. offer amounts to dn increase of apvroximate- ly one hundred per cent over the average standard pre-war rate of pay forall class- es concerned, and gives the majority o | engine drivers a new standard wage in” excess of their present earnings. The offar is at present under consideration by the National Union of Railwaymen. Helsingfors, Aug. 19th.—The Bolshevik battleship A:drea Pervosvan, the battle- cruiser Petro Paviosk, » transport and guard-ship are reported as having been sunk during an engagement with the British Fleet in the Gulf of Finland on Sunday. The British are said to have lost three motorboats, and to have had eight officers and three men killed. The Andrea Pervosvon was reported as pro- bably sunk by a torpedo near Kronstadt on June 19th. but there is no confirms- tion of this. At the same time, it was said, the P=tro Pavlosk had hoisted the white flag. Budapest, Aug. 18th.—The Archduke Joseph agreed today to resign his place as temporary Director of the Hungarian Govt. because of the Socialist objection to him, but consented to remain at the head of the State for the time bcing when the peasant leaders and members of the reactionary party protested. These, it is said, have deelared they would cause the food bloekade against Buda- pest to be reestablished unless the Arch- duke continued to act as Regent. Halifax, N. S., Aug. 19th —-The Prince of Wales departed from Halifax last night at 10 o’clock for Charlotte Town aboard the ‘‘Renown’’ which was es- corted by the ‘‘Dragon’’ and ‘‘Daunt- less’”’. The Prince had a regular trium- phal procession through the north end yesterday with gaily decorated streets and ckeering masses of people. He was deeply interested in the devastated area. The following message was re- ceived this mo= uning by radio ‘‘Renown 18th. To his Hon. the Lieut-Governor of Halifax. Icarnot leave Halifax har- bour tonight without telling you again how deeply I was touched by the welcome given me evérywhere today. People of Nova Scotia and the citizens of Halifax, farewell on my behalf and express to them my great appreciation of their won- derful demonstration of loyalty. 1 wish to congratulate the veterans, eadets and boy scouts on the :splendid parade held in my honour. Edward Prince’’?