Wealth in Taxes Sparks Debate on Policy and Prosperity
The American Bankers Association Journal cites Garrard B Winston arguing excessive taxation harms national wealth and industry. He cites Ford, farms, and capital flight as risks, warning high income taxes discourage work and investment and threaten future prosperity.
MENTIONED IN THIS ARTICLE
American Bankers Association Journal
Garrard B
Winston
the Treasury
Ford Motor Car Company
Ford Company
The Power Behind The Savings Dollar
A Savings Bank Division compilation shows savings deposits rising from 11.6 billion to 21 billion over six years after the war, with about 38.9 million depositors. The piece argues these funds fuel productive capital through bank purchases of securities, enabling industrial growth and higher living standards, reflecting sound personal economics and a hopeful business outlook.
MENTIONED IN THIS ARTICLE
Savings Bank Division
American Bankers Association
Forcing Lower Taxes Says Treasury Official
Gerard B. Winston of the Treasury argues taxes should be lightened. He notes per capita Federal taxes rose from 32 in 1918 to 54 in 1920, then fell to 27 anticipated next year, while state and municipal taxes rose. He warns estate taxes at over 100 percent can destroy revenue and dampen incentive to build wealth for family provision.
MENTIONED IN THIS ARTICLE
Russia
Treasury
Florida
Gerard B. Winston
American Bankers Association Journal
Store Credit Costs More Than Bank Loans
A North Carolina survey of 800 farms shows farmers rely heavily on store or landlord credit for short term needs. Over 40 percent of total credit comes from nonbank sources while banks supply about one-sixth. Store credit carries above 26 percent interest, with farmers largely unaware, while banks run roughly six percent. The piece urges cash farming, reduced freight and dealer profits, and stronger banker farmer cooperation.
MENTIONED IN THIS ARTICLE
North Carolina
Natural laws drive agricultural progress claims
A quote from P B Doty of the Agricultural Commission of the American Bankers Association states that natural laws govern farming prosperity, noting that legislation cannot enforce wealth nor honesty, and comparing agriculture to any other business. The passage reflects optimism about changing agricultural conditions.
MENTIONED IN THIS ARTICLE
P. B. Doty
Agricultural Commission
American Bankers Association
Sound principles for allied debts
Charles Mitchell of National City Bank argues in the American Bankers Association Journal that the Dawes plan offers a workable framework for settling Allied debts to the United States. He asserts three core principles: debt should not burden generations beyond those who fought, debtor nations must be taxed but not to collapse their economy, and payments to creditors should not disrupt international trade.
MENTIONED IN THIS ARTICLE
Dawes
United States
Charles&. Mitchell
National City Bank of New York
American Bankers Association Journal
Mitchell
France
Belgium
Italy
General Dawes
Adversity A Stimulus To Good Farming
A Louisiana farmer faced a $2200 hospital bill after his wife and daughter were hospitalized. He expanded income sources by milking cows, selling milk, feeding unsalable potatoes to calves and pigs, selling surplus garden produce, growing grain and hay on idle land, enlarging poultry, and saving fuel. By year end he paid the bill and learned sound farming.
MENTIONED IN THIS ARTICLE
Dean Dodson
Louisiana
Farimer
City Library Hours Displayed by Librarian
Mrs H J Oliphant, librarian, announces hours vary by day with Sunday closed. The library opens from 2 to 9 pm on regular days with a break in the evening.
MENTIONED IN THIS ARTICLE
H. J. Oliphant
Insurance Company authorized to transact fire insurance in Montana
The Montana Insurance Department certifies that the California Insurance Company of San Francisco is authorized to transact fire insurance in Montana until March 31, 1926, with its December 31 1924 statement showing assets of 3 934 297.37 and net surplus of 545 474.35. The filing lists paid capital, income for 1924, and liabilities, with official certification by Geo P Porter State Auditor. Also includes real estate and mortgage details in Sweet Grass County, and a foreclosure action by Minnesota Mutual Life Insurance Company, with court dates and notices.
MENTIONED IN THIS ARTICLE
State OF
Aleseede Ankede
Serses Ne
Capitan Oo
Esessseee
Insurance Statement For Caledonian Company Filed In Montana
The Montana Insurance Department notes Caledonian Insurance Company of Edinburgh filed a sworn statement as of December 31 1924, confirming compliance with state laws. U S Deposit was 2000000 and 1924 income 3163023.03, expenditures 3041383.47, liabilities 3127509.12, net surplus 1145361.41, surplus to policyholders 1345361.41. Amanda D. Ash administrator notice to creditors dated May 2 1925 and sheriff sale details list property in Big Timber Sweet Grass County to satisfy court decree dated May 4 1923.
Foreclosure Suit Involving Melville Trading and Bankers Mortgage
The Montana court issues an alias summons to The Melville Trading Company and related defendants. The action seeks judgment and a decree of foreclosure on notes and a real estate mortgage for 34,684.74 plus taxes and expenses, covering multiple parcels described by township and range. The case, filed August 19, 1924, lists principal damages, interest, taxes, insurance, abstract costs, and attorney fees.
MENTIONED IN THIS ARTICLE
Sixth Judicial District
Melville Trading Company
Corporation
Bankers Loan and Mortgage Company
Summons in Sweet Grass County Montana Suit Over Mortgage
The State of Montana serves summons to Fred H. Foreman Grace L. Foreman Capital Trust Savings Bank and others in a case filed to recover 5000 on a March 29 1919 promissory note plus six coupons 3300 each and 158 77 taxes and costs and attorney fees and foreclose a mortgage on the south half of section 32 township 3 north range 18 east MP detailing service within twenty days and venue in Sweet Grass County.
MENTIONED IN THIS ARTICLE
District Court
Sixth Judicial District
State of Montana
County of Sweet Grass
Security Life Insurance Company, of America
a_ corporation
Fred H. Foreman
Grace L. Foreman
Capital Trust & Savings Bank
Emil 0. Olson
Columbia Company
Township Three
M. P
Foreclosure Notice on 320 Acre Sweet Grass Lands Montana
The case concerns a mortgage on 320 acres in Sweet Grass County Montana with the property and all appurtenances, pledged by defendants and assigned to the plaintiff by Capital Trust & Savings Bank. The summons warns that failure to answer will result in default judgment for relief demanded. Witness E Rees, clerk, dated April 20, 1925, with attorney J E Barbour.
MENTIONED IN THIS ARTICLE
Sweet Grass
Montana
Capital Trust & Savings Bank
E. Rees
Seal
J. E. Barbour
Big Timber
Notice to Creditors in the Estate of Louis Strand
The administrator Creston L. Crest of Louis Strand deceased notifies creditors and claimants to present their claims within four months after first publication at the administrator's Big Timber Montana residence. Dated April 6, 1925. Davis and Kelly attorneys for administrator. Pub dates April 23 30 May 7 14 1925.
MENTIONED IN THIS ARTICLE
District Court
Sixth Judicial District
State of
Montana
Sweet Grass
Louis Strand
Big Timber
Creston L. Crest
Davis and Kelly
Horace S. Davis
Notice to Creditors in Estate of Florence Arnold
In the District Court of the Sixth In the matter of the estate of Florence Helen Arnold deceased the undersigned executrix Florence R Kirkwood invites creditors and claimants to exhibit claims with vouchers within four months after first publication at either Florence R Kirkwood home miles west of Big Timber Mont or F M Lamp attorney office Big Timber Mont. Dated April 11 1925. Florence R Kirkwood Executrix of Florence Helen Arnold deceased F M Lamp Attorney for Executrix Pub April 16 23 30 May 7 1925.
MENTIONED IN THIS ARTICLE
District Court
Sixth Judicial District
State of
Montana
Sweet Grass
John T. Esp
Jennie Esp
Messrs. Davis and Kelly
Big Timber
Amanda D. Ash
Amanda P. Ash
Upper Deer Creek
Sweet Grass County
F. M. Lamp
Mont
District Court of the Sixth
Judicial District
Sweetrass
Florence Helen Arnold
Florence R. Kirkwood
Said Executrix
Florence
Helen Arnold
Executrix
Sheriff Sale Forecloses Montana Property in 1925 Bid
Barbara M. Huth files foreclosure against David N. Thompson and others in Sweet Grass county Montana. The sheriff will sell at the Big Timber courthouse front door on May 9 1925 at 2:00 p m the described lands in Township 2 South Range 17 East comprising 169 acres more or less with waters rights ditches and appurtenances.
MENTIONED IN THIS ARTICLE
Montana
Sweet Grass
Melville
Minnesota Mutualife Insurance Company
Sweet Grass County
Adolph Eisler
Ray E. Markley
Big Timber
County of
State of
Pao Earlie
United States Government
Barbara M. Huth
David N. Thompson
Jennie
Thompson
Barnes Brothers, Inc
Stillwater Promoting and Construction Company
Mathias N. Orfield and
Orfield
District Court
State of Montana
Reak
Also Mentioned on This Page
America
William E. Knox
C. E. Mitchell
City Library
Geo. P. Porter
R. M. Armour
Great Falls
Helena
Caledonian Insurance Company
Edinburgh
Kingdom of Great Britain
J. Geo. P. Porter
U. S
Edwin Ross
Amanda JD
Ash
Ed Brannin
Frank Whitsel
Hit
Professional Directory
J. B. Thompson
J. W. Church
A. P. O7leary, M. D
Big Timber Hospital
DR. D. Claiborn
Montanz
L. W. Baskett
Montana Power Co
Block
M. W. Barr
C. J. Ellingson
Moter Ina
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!