December 2: ON THIS DAY IN HISTORY
ON THIS DAY IN 1918, the Brooklyn Daily Eagle reported, “In an address to Congress in short session today, President [Woodrow] Wilson formally announced his intention to go to Paris for the peace conference, saying the Allied governments have accepted principles enunciated by him for peace and it is his paramount duty to be present. The president said he will be in close touch by cable and wireless and that Congress will know all that he does on the other side. Referring to his announcement that the French and British governments had removed all cable restrictions from the transmission of news of the conference to America, the president said he had taken over the American cable systems on expert advice, so as to make a unified system available. He expressed the hope that he would have the cooperation of the public and of Congress, saying through the cables and wireless, constant counsel and advice would be possible.”
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ON THIS DAY IN 1945, the Eagle reported, “The U.S. Labor Department’s bureau of labor statistics announced yesterday that the cost of living — or ‘prices of living essentials’ — has ‘held the line’ in New York since VJ Day, or about the middle of last August. There has been an actual small but steady decline in food prices, more than enough to offset advances in the cost of clothing and house furnishings. An analysis of prices, as of Oct. 15, ‘revealed a fractional overall decrease since the war’s end in the principal expense items of moderate-income families,’ the bureau report said. Charles C. Center, regional director, stated that food prices had dropped 1.6 percent since mid-August, clothing rose one percent and house furnishings rose 2 percent. In the month ending Oct. 15, some food prices rose, but a 4.2 percent decline in the price of chickens overweighed that. Decline in quality and availability of certain foods was not taken into consideration in arriving at the figures, but the President’s Committee on the Cost of Living has estimated that these and other unconsidered factors would add a maximum of four index points (for large cities) for the period between January 1941 and September 1944.”