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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Aug 07, 1920
Page
1
Bankers forecast a broad era of prosperity for Treasure State loyalty and patriotism in a front page business note. The feature highlights optimism about economic growth and civic virtue guiding financial outlooks.
The Montana Bankers association held a six hour convention in Butte High School with 800 delegates. National finance authorities assured Montana credit stability and crop financing, while experts discussed state and national issues. Senator W A Clark spoke, followed by John D Ryan acknowledgments amid demonstrations.
Collinswell No 1 in the Mosby field was brought in at 3 o'clock and penetrated two feet when oil rose through the casing at 600 feet. The find marks a notable strike by Decker Collins in the local Mosby field.
A Montana speech deplores agitation against the Anaconda Copper Mining company amid economic strain from copper downturns. It cites tax contributions by major firms, per capita levies, and state expenditures to argue corporate responsibility and warn bankers of radical threats to society and to Montana’s economy.
C F Kelley president of the Anaconda company spoke to Montana bankers at their annual convention. He highlighted the large share of state taxes paid by major Montana industries, defended corporate influence against agitators, and cited ten years of legislative acts benefiting farming and stockgrowers with no special corporate privileges.
Denver enters martial law as a citywide riot escalates with deaths and injuries. Troops, ex servicemen, and armored cars patrol the streets after a midnight order halts a tramway strike and recalls labor leaders amid fears of further clashes.
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