Sunday, April 28, 2019

Thursday, July 31, 1930


Berlin:  The government’s new taxes on alcohol aren’t working.  New data show that Germans, faced with the higher taxes, are simply abstaining, leading to a 40% decline in alcohol tax revenues for the government, when it was budgeting a US$90 million increase.  Worse, news reports confirm that the German government’s outlays for the unemployed would make the nation the equivalent of the largest employer in the world – indeed, in world history – if the monthly checks were for wages.  Unemployment is predicted to rise as high as 5 million over the winter if nothing is done to turn the tide. 

Paris:  Some 2,000 troops are on duty throughout the city to guard against communist violence expected on “International Anti-War Day” tomorrow, ordered by Moscow to be celebrated worldwide on the anniversary of Imperial Russia’s mobilization for the World War. 

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