The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1917-06-02


"~o~@~-~>-"-o~"~"N"~"O~o
! report came the announcement thai
German submarines had sunk The
British transport PENNSYLVANIA anL
French steamer Sontay, in the Medi.
terranean with the loss of lbs lives
Another vessel tOrpedOed was an un-
named American steamer of 5000 tons
carrying cargo for Switzerland. The
British admit they are combating the
U-boatS only with "hard work and in
Unite palms." but American inventors
are still busy. Hudson Maxim said he
had perfected 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
thelr visibility at sea. William Mar
conf, who came over with the Italian
war mission. says the Italians are now
using device with which 10 subms-
rlneS 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.
ooings in Congress.
The house of representatives on
Wednesday passed the greatest war
tax Dill in the history of any nation.
Ii carries total of about S1,S7O,OOO.-
900 In all kinds of t. Ees. The vote ON
the measure was 800 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,OOO,OOO
200. planning to raise the additional
SSOO,OOO,OOO by issues of bonds.
The second administration measure
dealing with the control of food and
other necessaries was introduced in the
mousse by Congressman Lever of South
Carolina. Herbert c. Hoover, select
ed by the president to be food admins
traitor, said the bill should make il
possible to eliminate boarding, specula.
ton and waste in distribution.
The chief provisions of the bill are:
L. Prohibits the boarding or corner
ng of the necessaries of life.
2. Prohibits injurious speculation
n the necessaries of life and gives
he president power to regulate or pro-
libit the operation of stock or grain
3. Gives the pres dent power to fix
maximum and miniIpum prices on nee
ssaries of life in certain instances.
4. Gives the presNent power to pre-
ent use of grain or food in the manu-
acture of liquor at his discretion.
o. Gives the president power to con-
-ol all distribution agencies by means
licensing.
6. Gives the president power to fix
BOD and grain standards.
Z. Gives the president power 10 pur-
lase, store and dispose of necessaries
life in order to break corners" and
.herwise regulate supply and prices.
3. Provides for taking over by the
'vernment of factories, mines, or
ants the owners of which do not COM
Y with the presidents orders.
Q. Gives the president power to per-
it the mixing of corn and wheat flour
I'd to establish percentage of flour TO
obtained from wheat.
10. Provides that the president may
legate any or all of the powers con-
rred on him by the bill to any per-
n he may designate.
Liberty Bonds Selling Fast.
Public officials, the press and finan-
Il institutions are everywhere COM
hing to push the Liberty loan bonds,
d the demand for those securities
S great throughout the country. and.
,reased every day. 1t was predict
that the bonds would sell at pre-
um as soon as the war is over, and
" are already popular with the
all investor.
The treasury department announced
t the S200,OO0.OOO of short-term
asury certificates recently issued
been oversubscribed by at least 80
cent. This despite the opinion Of
z. Morgan that they would not be
Oily absorbed.
ohm ID. Rockefeller added S25.OOO.-
to the endowment of the Rookie
er foundation and the trustees de-
ed that S1O,OOO,OOO of it should be
d for war purposes. On the same
rise Of 2 cents a gallon in the
re of gasoline was announced.