Current History: A Monthly Magazine of the New York Times, May 1918: Vol. VIII, Part I, No. 2Various
History
Current History: A Monthly Magazine of the New York Times, May 1918: Vol. VIII, Part I, No. 2
Various
World War, 1914-1918
The Government has taken possession of and is operating all enemy-owned
enterprises. At the same time, through a Federal Farm Loan Bureau,
assistance is being given to farmers at reasonable rates of interest in
providing the means for raising crops, needed in greater abundance than
ever to feed the army and navy and civilian population and the peoples
of the allied countries.
One of the first acts of the Administration after the declaration of war
was aimed at putting a curb on the rising prices of the necessities of
life. Herbert C. Hoover was appointed National Food Administrator, and
after long delay his appointment was confirmed by the Senate. It was
criticised, but Mr. Hoover has succeeded not only in bringing down the
price of such necessaries as wheat, flour, sugar, coffee, meat, and
lard, but by various devices and appeals to public sentiment has brought
about a voluntary reduction of consumption and a consequent great
increase in the amounts of food which America has been able to send
abroad.
FOOD PROBLEMS
When the present Food Administration was created in August, 1917, the
1917 crop, in so far as productiveness was concerned, had already been
planted and partly harvested. The available foodstuffs it produced were
not sufficient, on the basis of normal consumption, to feed the people
dependent on it, and the question of conservation became paramount. So
far, "wheatless days," "meatless days," and appeals for food
conservation have tided the nation over a dangerous period. The fixing
of prices under a Presidential proclamation has greatly aided,
speculation in wheat has been wholly eliminated, and the prices of flour
and bread have been stabilized at a reasonable level.
Hand in hand with food conservation has gone the gradual control of
industry of all kinds in order to concentrate the nation's resources for
the purposes of war. The prices of metals necessary to war industries
have been brought down by negotiation. Coal and fuel oil are controlled
by Government agents, and it is not believed that the suffering caused
by the fuel scarcity during the Winter of 1917-18 can be repeated.
The Government has taken over control of the railways and a number of
coastwise steamship lines. It now operates 260,000 miles of railway,
employing 1,000,600 men, and representing investments of
$17,500,000,000.
The War Trade Board, created for the purpose of cutting off supplies to
Germany through the adjacent neutrals, has developed into a powerful
economic weapon in the execution of the nation's war policy.
Five Million Soldiers' Garments Made by American Women
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