06 Jan 1938
Page 1
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Newspaper
Big Timber Pioneer
Location
Big Timber, Montana, United States of America
Date
Jan 06, 1938
Page
1
Roosevelt tells Congress that a balanced budget is out of reach for the next fiscal year but promises a further deficit reduction. He urges cooperation between capital and labor and stresses world peace via democratic governments while maintaining strong self defense. The message outlines major policy goals for the new session.
Butte MontanaSaturday and Sunday closures by D A Batchoff chief enforcement officer of the Montana liquor control board followed failures to hold 1938 licenses. Batchoff said more actions would follow across the state and no operator would be allowed to run without a 1938 license.
Rocky Mountain congressmen arrive for the new session to find their desks flooded with water project details. Key committees will place mountain state interests at the fore, with Colorado Montana New Mexico and Wyoming lawmakers shaping headline legislation linked to the presidents message.
In discussing taxation the conclusion is that hardships should be corrected but not to revive past abuses or shift heavier burdens onto the less fortunate. The article notes the proposed 1939 budget and mentions continuation on the next page.
Warren Toole of Great Falls son of Montana's first governor and long time figure in state politics was named assistant administrator and general counsel for the state liquor control board. He fills the vacancy created by James J. Brett s resignation after the legal saloon law took effect. The board cited Toole s wide legal experience as valuable to the state s liquor system.
The Supreme Court ruled the government could provide loans and grants for publicly owned electric plants. Secretary Ickes said 52 power projects costing 84 million dollars would receive 30.2 million in loans and 21.7 million in federal grants, with Alabama Power and Duke Power challenging constitutionality. Justice Sutherland delivered the opinion, finding no dissent and deeming municipal competition entirely lawful.
Roosevelt lowers U S silver price from 77.57 to 64.64 cents per ounce in a proclamation extending to December 31 1938. The move shifts a major mining sector across twelve western states and affects about 400000 workers while tying the domestic price to the world market and reviving inflation concerns. The treasury and secretary Morgenthau gave no explanation, noting the action restores the 1933 fixed quotation.
Postmaster General Farley announced a gross deficit of 46,614,732 for the year ended June 30. Nonpostal costs totaled 59,258,471 leaving a net postal surplus of 12,643,739 after nonpostal items. The department seeks a deficiency appropriation to cover the deficit despite higher revenues, including postal revenues at a record level and increased air mail income.
Health officer of Park County for years, Dr. James E. Stuart 72, resident of Montana seventy years, died of a heart attack at his family home 212 South Sixth street in Livingston Tuesday night. Born February 13 1865 in Iowa he traveled to Montana as a youth and held multiple roles from railroad telegraphy to mining and medicine. Funeral arrangements are being handled by Park Post American Legion members.
Helena Jan 3 L M A Wass administrator of the state liquor board reports 1938 retail licenses approved totaling 374 liquor licenses at 199 200 and 526 beer licenses at 105 400. Fourteen wholesale beer licenses 4 200 and nine club beer licenses 450. Railroads issued 27 beer licenses 450. Retail liquor licenses vary up to 600 by community size, with counties and cities allowed to add up to 50 percent of state license fees for both liquor and beer licenses.
Washington reports a possible 20 percent rise in social security appropriations for the next year. The independent agencies supply bill may set aside $329,000,000 for the social security board, about $54.5 million more than the current year. Chairman Altmeyer notes that roughly $41 million of the increase funds old age pensions with an estimated 21 percent of those 65 and older to receive aid in 1939.
The National Conference Board reports an average of 7.585 million unemployed in November, up 1.2 million from October. The figure includes 2.048 million CCC workers.
J P Morgan Co and Drexel Co disclose year end figures showing deposits of 394 997 148 down from 478 922 407 a year earlier. Total assets stand 457 111 631 versus 550 338 618 last year with government securities 260 597 362 and cash 91 709 065. Surplus and partners' balance 21 792 980 versus 24 547 588 in 1936. Paris holdings not included.
Receipts in 1937 rose to over $351000 as the state auditor John J. Holmes notes strict enforcement of insurance and bond licensing. The chief aims to shield Montanans from unlicensed insurers while licensing 6967 agents for fire life and casualty firms, generating about $34000 in license revenue.
WPA relief employment rolls rose by 30 626 in the week to December 18. Total relief workers climbed from 1 557 689 on December 11 to 1 588 315 on December 18. Officials said the rise reflected few of 350 000 jobless workers ordered added December 9 by Harry L Hopkins. the full addition was not expected to appear until next week.
Justice George Sutherland notified President Roosevelt he will retire from active service on January 18. Born in England, he was appointed in 1922 and served 15 years on the bench. He opposed Roosevelt-era legislation and stood among the court’s conservative writers.
Thomas N. Marlowe 56 of Missoula Montana, longtime Montana fish and game commission chair and prominent Northwest sportsman, collapsed while speaking at the Clearwater Wildlife federation banquet in Lewiston Idaho. He died instantly as his audience of about 300 listened. Survived by widow, two sons and a daughter in Missoula.
Sen. Wheeler of Montana, chair of the Senate Interstate Commerce Committee, begins informal conferences to draft a national railroad policy. He will consult Joseph B. Eastman and other ICC members and discuss railroad bankruptcy reforms to simplify reorganization of insolvent lines. He also plans talks with Jesse H. Jones on financial aspects after holidays.
The social security board reported that more than 2,100,000 needy persons including the aged, the blind and dependent children receive monthly aid. Average monthly old age and blind payments were 25.80 dollars, while dependent children average 27 dollars per family.
Washington officials forecast a 1 billion dollar deficit for the next fiscal year's budget and a revised 1.25 billion dollar deficit for this year. President Roosevelt told Congress the 1939 budget would be unbalanced but with a smaller deficit, while Secretary Morgenthau noted changing business conditions since the fall hope for balance.
Montana relief efforts for 1937 are projected at 33 million dollars, per the Montana Taxpayers association in the Montana Taxpayer. The report traces relief history from 1920 through 1937, detailing federal and state aid, agency payments, and peak recipient numbers totaling about 51,500. It notes election cost trends, population shifts, and fiscal concerns for Montana cities through June 30, 1937.
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