Today -100: August 16, 1919: Of hats in hands, insurance, spheres of influence, and daylight savings

Woodrow Wilson tells senators that if they fuck up the peace treaty, the US will have to go “hat in hand” to beg Germany for bilateral terms. That’s not as stupid as it sounds, since the US would have too few soldiers left in Europe to have a strong bargaining position.

The Cleveland Railways Company takes out a $10,110,000 insurance policy against riots.

Britain and Persia come to an agreement in which Britain will loan Persia $2 million in exchange for “influence” – control of its military and finances, that sort of thing. And yes, Britain knows that Persia has oil.

Woodrow Wilson again vetoes a bill repealing Daylight Savings. He says it may be inconvenient for the farmers, but the needs of industry are more important right now.

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