The Manitowoc pilot. [volume] (Manitowoc, Wis.) 1859-1932, 1917-05-31

HnpOSL III the background.
~~~~~~~~~>~~~-~~N-~-~~
report came the announcement that
German submarines had sunk the
British transport Pennsylvania and
French steamer Sontay, in the Medi-
terranean with the loss of ass lives.
Another vessel torpedoed was an UNI
named American steamer of 5000 tons
carrying n cargo for Switzerland. The
British admit they are combating the
U-boats only with hard work and in
finite palms." but American inventors
are still busy. Hudson Maxim said he
had perfected q device that would
make ships immune from the subma-
rine peril, and Lewis Herzog an artist
was said to have devised method for
painting vessels that greatly reduces
their visibility at sea. William Mar
conf. who came over with the Italian
war mission, says the Italians are now
using a device with which 13 subma-
rines were destroyed In the first three
weeks Of its operation.
The first detachment of United
States army engineers reached London
| on Wednesday on its way to France.
| Two units of the American hospital
corps also arrived In England.
Dolnas in Congress.
The house of representatives on
Wednesday passed the greatest war
tax bin in the history of any nation
| II carries total of about S1,S70,000,-
| 600 in all kinds of taxes. The vote on
| the measure was 329 to 20. There was
bitter opposition to many features of
the bill, and many Of those who finally
voted for it said they did so as a mat
ter Of patriotism.
The senate finance committee at
once began pairing down the measure
| with the intention OF reducing the to-
tai yield of taxes to about S1,000,O00.-
| 600. planning to raise the additional
$S00000,000 by issues of bonds.
The second administration measure
| dealing with the control of food and
other necessaries was introduced in the
house by Congressman Lever of South
| 1ulOllhhs iDtiN - llpONfAs StitNi-
ed by the president to be food admins
traitor, said the bill should make ii
possible to eliminate boarding, specula-
ton and waste In distribution.
The chief provisions of the bill are:
l. Prohibits the boarding or corner
ing of the necessaries of life.
2. Prohibits Injurious speculation
in the necessaries of life and gives
the president power TO regulate or pro-
hibt the operation of stock or grain
exchanges.
3. Gives the president power 10 fix
maximum and minimum prices on nee
essares Of life in certain instances.
4. Gives the president power to pre-
vent use of grain or food in the manu-
facture of liquor at his discretion.
8. Gives the president power TO con-
troll all distribution agencies by means
Of licensing.
6. Gives the president power TO fix
food and grain standards.
Z. Gives the president power to pur-
chase, store and dispose of accessories
of life I'm order to break Corners" and
otherwise regulate supply and prices.
s. Provides for taking over by the
government of factories, mines, or
plants the owners Of which do not COM
ply with the presidents orders.
o. Gives the president power 10 per-
nit the mixing Of corn and wheat flour
and to establish percentage of flour TO
be obtained from wheat.
10. Provides that the president may
delegate any or all of the powers con-
ferred on him by the bill to any per-
son he may designate.
Liberty Bonds Selling Fast.
Public officials. the press and finan-
cinl institutions are everywhere COM
bining to push the Liberty loan bonds.
and the demand for those securities
was great throughout the country, and
increased every day. 1t was predict
ed that the bonds would sell at pre-
MUM as soon as the war Is over and
they are already popular with the
small investor.
The treasury department announced
that the S200000,000 of short-term
treasury certificates recently issued
had been oversubscrlbed by at least so
per cent. This despite the opinion OF
j. +. Morgan that they would not be
readily absorbed.
John ID. Rockefeller added S25,000,-
600 to the endowment of the Rookie
Teller foundation and the trustees de-
cded that Si0,000,000 of it should be
used for war purposes. On the same
day a rise of cents a gallon Ia the
price of gasoline was announced.