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Newspaper
Anaconda Standard
Location
Anaconda, Montana, United States of America
Date
Dec 11, 1926
Page
1
Auditor Porter declares the treasury’s cash balance exceeds three and a half million dollars, marking the best financial condition in the state’s history. The report highlights strong revenue, prudent spending, and improved liquidity across state accounts.
The biennial report to Governor Erickson shows Montana's finances at a historic high. Cash balance reaches 3.63 million dollars, current assets total 13.53 million, and fixed assets rise to 74.90 million, with bonded debt at 5.56 million. Delinquent taxes down from 1924 levels, and revenue boosted by metal mines and inheritance taxes.
General Pershing tells Senator Borah that approving warfare gas risks unleashing deadly gases and poisoning noncombatants. In a letter read during ratification discussions, he cites defense vs offense split and warns of potential instant death from future gases. He notes the American Legion opposes ratification.
Union Pacific officials report Montana to southbound butter totals exceed 3.0 million pounds for the year ended November 39 1926 a 44 percent rise from the prior year. The party included D C Spencer John L Amos and A G Godwin during a tour of the system noting optimism and gains in freight and dairy goods.
In Billings a 17 year old Cheyenne youth John Wolf black leaped from a plunging car during a trip from the reservation to Forsyth and was crushed when the vehicle overturned. Three other occupants escaped with minor injuries including Father Francis of Ashland and Charley Bear comes back and his eight year old son. Officials arrived to recover the body.
Sheridan county sheriff says a promising lead in the treasury robbery case may take time to develop. Two men took nearly 100000 in cash and negotiable securities after holding up Treasurer Torstenson in Plentywood on Nov 35. Attorney General Foot and State Examiner Larson lead the investigation with bonding company reps remaining.
Kenneth G Ormiston in Los Angeles and Chicago as district attorneys push to extradite him for conspiracy in the Aimee Semple McPherson disappearance. Chicago officials dictate arrest while Los Angeles pursues formal removal with authorities arguing over private captors. Ormiston signals willingness to surrender but will contest expulsion in court.
The bill appropriating funds for the interior department for the next fiscal year totals 259 386 900 with over four fifths for Civil and Spanish war pensions. Reclamation work for western projects rises to 11 681 909, including 450 000 for the Baker project in Oregon. Other allocations cover Indian bureau, National Park Service, General Land Office, Geological Survey, and territories and Alaska railroad.
Recap of Silver Bow county courthouse bonds totaling 750000 issued from 1908 shows heavy interest costs exceeding principal by more than 50 percent. Since 1925 commissioners paid 293000 on principal and 144000 in interest, with final payments due next summer, marking a notable debt-reduction effort.
County finances show fixed assets surpass liabilities for the first time, with $298,000 debt paid down in six months ending Jan 1 1927. Bonded debt down to $702,000 from $1,138,000 in 1924, warrants reduced to about $192,000, and a debt free courthouse ownership anticipated June 16 1927. County Commissioners Gemmel and Kearney report continuing progress.
Butte and Silverbow county records show sixty murders since January 1920 with thirty remaining as mysterious as when committed. Half of the cases identified perpetrators, yet only thirteen convicted, while five others were executed or imprisoned. Eight defendants were acquitted and ten were dismissed.
Official figures received by Murray Stebbin secretary of the Montana Wool Growers Association show Montana wool shipments totaling 25 482 842 pounds in 1326, 4 608 843 pounds more than in 1925. Last year’s shipments reached 20 874 000 pounds.
A theater fire caused by an short circuit swept the Apollo Theater in Rome during a performance killing several actresses. Panic spread to the adjacent Elise Theater where Cavalleria Rusticana was under way and a stampede followed. One identified victim was a German actress. others were not named but believed foreign.
Falcon Jair, the home of the late Rudolph Valentino, was sold at auction in Los Angeles to Jules Howard of New York City for 146000. The bid arrived by telegraph as the price reached 120000, and the sale included Valentino's personal and real property left behind after his death.
Washington Dec 10 Prohibition won a decisive battle as the House wets sought to cut enforcement funds. The Treasury Post Office appropriation bill totaling nearly 30 million for enforcement remained intact while an amendment to create und ercover agent advances with no accounting was defeated.
Nikola Pachitch, aged 80 and long a central figure in Jugoslavian politics nicknamed the Serbian Bismarck, died suddenly in Belgrade after talks with King Alexander about forming a cabinet. His death followed high tensions over the Italian Albanian treaty and accusations against his son, Radimir, prompting calls for a parliamentary probe.
The Butte city treasurer reports growing payments on long overdue special improvement district assessments. A deputy contacts delinquent property owners, with monthly collections rising from $2,000 to $5,000, and a total delinquent balance around $256,000. The treasury held $434,598.55 in cash and bank sums awaiting redemption.
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