Montana Supreme Court rules soldier bonus law unconstitutional
The Montana Supreme Court held the 1920s soldier bonus measure unconstitutional. Justice Albert J. Galen wrote the opinion, ruling the act violated Article 13 and 138 by using state credit to aid individuals, not for a public purpose. The decision blocks a $4.5 million bond issue.
MENTIONED IN THIS ARTICLE
Helena
Montana
State Supreme Court
R. M. Mills
Albert J. Galen
Justice Galen
United States
Montana House Debates Sweeping Salary Cuts and Reorganization
The Montana House considered at least four bills to cut state employee salaries by about ten percent and save roughly 300000 annually. Bills also reshape districts reduce judges and staff, and end some officers like county auditors while funding pens and endowments.
MENTIONED IN THIS ARTICLE
House
D C. Kenyon
Blaine County
Walter Pope
Missoula County
I. M. Brandford
Senate
Montana
House Committee On Oil and Gas
Ways and Means
Industrial Accident Board
State Consolidated Boards
Leuthold
Stillwater County
Story
John C. Cronk
Blaine
William H., Butterman
Gallatin
Walton
Kohrs
Nelson
Missoula
Deer Lodge
I. G.denny
Lowndes
Charles R. Swift
Florence
Carlson
Pope
Scharnikow
Powell
Committee On Judiciary
Siegfriedt
State Highway Commission
Gov
Dixon
Brandford
Duffy
Hill
Maury
Babson Sees Tax Policy Shaping 1923 Prospects
Economist Roger W. Babson in Washington reports that 1922 spending rose with interest on debts and veterans' benefits while 1923 tax intake may fall. He urges cautious cuts, warns against reimposing the excess profits tax, and notes a push for a sales tax and tax-exempt securities shifts affecting investors and the bond market.
MENTIONED IN THIS ARTICLE
Wellesley Hills
Mass
Eges
Roger W. Babson
Washington
United States
Army
Navy
Harding
Farmer
Europe
Congress
Russia
Africa
Mr. Babson
Investor outlook cites inflation tease and tax policy impact
The note discusses inflation signals, a temporary adjustment lasting two years, and predicts 1928 bond prices to run near 1922 levels. It warns investors to expect continued high taxes and questions if an excess profits tax will be reenacted.
MENTIONED IN THIS ARTICLE
Habesnevart
Congress
Rail lines ordered to suspend wool freight increases
The Interstate Commerce Commission ordered Western transcontinental railroads to suspend increases in wool and mohair freight rates from the Pacific coast to the eastern United States until June 10. Preliminary hearings set for March 20 in Portland.
MENTIONED IN THIS ARTICLE
Washington
Interstate’ Commerce Commission
Pacific Coast
United States
Portland
Ore
Chicago
Boston
Rocky Mountain Territory
Reno
Holidays in Nineteen Twenty Three Calendar Notes
A digest lists holiday dates for 1923 with fixed celebrations including Valentine’s Day Ash Wednesday Lent Palm Sunday Good Friday Memorial Day Flag Day Independence Day Labor Day Columbus Day Halloween All Saints All Souls Thanksgiving and Christmas with New Year 1924 on a Tuesday.
Savings Accounts Bring Thrift and Success
Twenty three years after founding a savings department the bank still offers deposits of any size and 4 percent interest compounded semi annually. Babies with early accounts have grown into business people. Start your account with the New Year.
Also Mentioned on This Page
Bond Grocery Company
Supreme Court
U. S. Army
Munson Last
U.S
National Bay State Shoe Company
Broadway
New York, N. Y
Rock Springs
Lumber & Coal
Dillon Examiner
A. L. Stone
W. A. Graeter
Cashier
First National Bank
the Bank of Strength and Service
Dillon
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