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Newspaper
Big Timber Pioneer
Location
Big Timber, Montana, United States of America
Date
Jul 09, 1925
Page
6
In an Independence Day address from Chicago, Vice President Charles G. Dawes urged Americans to see the flag as a symbol of the right to work and hope for better days. He emphasized national unity, defense, and the enduring promise of the Constitution and government.
TheSTATE BOARD OF HAIL INSURANCE urges farmers to insure grain harvests to protect against hail. It notes over 1,100,000 dollars distributed to farmers in eight years, with payments non garnishable and insurable assignments. Applications go to county assessors. Helena office provides full information.
A three story wooden building in Saranac Lake known as Adirondack House burned, killing seven residents including George Martin and the Duckett family. Mrs. Duckett survived with severe burns after leaping from a third story window, while their infant perished in the crib. The origin is undetermined and the fire caused about 315000 in damage.
Anaconda judge orders a new trial in the damage suit by Gina Kelly against R J Hathaway former superintendent and Susan Kipp former nurse at Warm Springs state insane asylum. Grounds include jury misconduct excessive damages under prejudice and insufficient evidence. Kelly had sought 30000 on two causes of action.
William Bollman a longtime Billings resident was stabbed in the cheek and his clothes torn when Joe Navarro stepped into his path at Minnesota avenue and Twenty-sixth street. Navarro, accused of drunkenness and violence, was arrested by Patrolmen Schultz and Collins. Bollman drove away in his car after the confrontation.
Thieves broke into St. Peter's Treasury, stealing several irreplaceable items valued at one to three million lire. They used gloves, left no fingerprints, and escaped with a ring set with sapphires and diamonds, a golden mass service, a golden cross, a diamond ornamented silver vessel, a ciborium, and other church treasures.
W Randolph Burgess of the New York Federal Reserve argues in the American Bankers Association Journal that Federal Reserve notes constitute nearly half of U S money, with elastic capacity shown by wartime expansion and postwar reductions. He details currency flows, reserve ratios, and the secondary expansion of notes against gold certificates.
The piece notes how the United States mints produced vast quantities of small change in 1924 including 89,394,000 one cent pieces and 28, etc. It cites 37,940,000 dimes and 16,892,000 quarters, with 13,539,000 silver dollars coined that year. It adds 142,080 half dollars in 1925 all commemorative and 10,300,500 double eagles.
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