Treasury predicts record debt reduction this fiscal year
Secretary Mellon indicates the eventful year could see a surplus surpassing 600 million dollars with some experts predicting up to 700 million. The anticipated excess would push annual debt retirement to record levels as the Treasury eyeing 580 to 600 million in income tax receipts while the sinking fund and foreign payments contribute to the overall decline.
MENTIONED IN THIS ARTICLE
Treasury
Mellon
Congress
Budget Bureau
Delhi
Internal Revenue Collectors
Supreme Court Rules Segregation Codes Unconstitutional
The Supreme Court decision handed down March 14 strikes down Louisiana state and New Orleans segregation codes. It held that laws barring black residents from predominantly white areas without written consent of a majority of white residents are unconstitutional, affecting southern communities.
MENTIONED IN THIS ARTICLE
Supreme Court
Mussolini Plans Vast Italian Credit Insurance Institute
Remi er Mussolini aims to create a large Italian credit insurance system to guarantee long term credits for foreign buyers of Italian goods. The institute would require about 10 billion dollars in paid in capital with nearly 450 million required immediately, all Italian funded. Foreign observation posts and consular links would monitor markets to place big Italian orders as Italian industry suffers with high unemployment. The Moffat road tunnel near Denver nears completion and could trigger a major railroad consolidation in the United States.
MENTIONED IN THIS ARTICLE
Remier Mussolini
New Credit Insurance Institute
Eiieles
Credit Insurance
Mussolini
Senator King barred from landing in Haiti during Caribbean trip
United States Senator William H. King of Utah faced Haitian denial to land while visiting Porto Rico and other islands. He criticized Haiti’s regime led by President Louis Borno and said he would drop plans to visit if it risked clashes with American forces. Separately, Aaron Sapiro sues Henry Ford for 1 million dollars over claims in the Dearborn Independent about a Jewish farming conspiracy. Detroit hearings open with 141 points to be presented.
MENTIONED IN THIS ARTICLE
Nited
William H. King
Utah
Porto Rico
Caribbean Islands
Republic of Haiti
King
Haiti
Luis Borneo
State Department
Pan
Seon
John HH
Russell
Puerto
Prince
UE Fibel
Aaron Sapiro
Henry Ford
Dearborn Independent
Ford
Sapiro
Detroit
Coolidge Rejects Nicaragua Protectorate Proposal
IDRESIDENT COOLIDGE states the United States will not accept a protectorate over Nicaragua as urged by President Diaz. The plan mirrors the 1915 Haiti intervention with U S involvement to restore order and limited oversight, coupled with a demand for a large loan to Nicaragua.
MENTIONED IN THIS ARTICLE
Coolidge
United States
Nicaragua
Diaz
Central America
Haiti
Mexican Supreme Court Delay May End Oil Laws Row
The Mexican government urges the U S to wait for a ruling by the Mexican Supreme Court on the constitutionality of land laws before lifting the arms embargo. American oil men seek injunctions against enforcing the law depriving their petroleum interests, with a decision anticipated soon. It is suggested President Calles may view the ruling as an easy way to resolve the dispute if the court finds the laws unconstitutional.
MENTIONED IN THIS ARTICLE
Mammoth Oil Company
Hitz
Sinclair
Mexican Supreme Court
Calles
Jacksonville approves Sunday movies in historic move
Illinois report highlights Jacksonville authorizing Sunday film showings for the first time. Other items mention Bert Martin’s canoe rescue on Lake Mauvaisterre, deaths of Bernhard Murphy and Pearl Pierce, the Starved Rock dam progress, a $300000 reform school proposal, Hillsboro moving picture vote withdrawn, a $200000 cash shipment to Zeigler bank, and various state updates on crime, education, and industry.
MENTIONED IN THIS ARTICLE
Jacksonville
Boy Scouts
Bert Martin
Lake Mauvaisterre
Bernhard Murphy
Tllinois
State Board of Mine Examiners
Earl Carr
Danyi
Hingwell
Pearl —Pierce
Mattoon
the Woods Construction Company
Starved Rock
Ottawa
House Appropriations Committee
John P. Devine
Dixon
Johnson
Reformatory
Churches
Hillsboro
M. Paula
St. Elizabeth’s Hospital
Danville
Zeigler
St. Louis
First National Bank
Federal Reserve Bank
Edward Brandt
Board of Supervisors
Peoria
Brandt
Camp Grant
Treans
Nid Adr
Hlinots
State House of Representatives
Frank A. McCarthy
Elgin
Calling the Doctor Calling the Doctor
A reminiscence urges timely doctor calls over late night inquiries. The narrator notes five late visits across town, emphasizing daytime calls for better care, rest for doctors, and the perils of delaying medical help after hours.
One in Thirty-Six Americans Hit by Auto in 1925
National Safety Council figures show a one in thirty-six risk of death or injury from automobiles this year. U.S. 1925 fatalities reached 22,60, with an estimated 10 injuries per fatality yielding about 675,000 injuries and 807,500 total casualties. Death rate rose to 17.2 per 100,000 from 15.7 in 1924.
MENTIONED IN THIS ARTICLE
New York
Suise Ember
Feares
National Safety Council
Just Wade
National Bureau of Casualty and Surety
United States
Bart
Frosts Shrink Grasse Flower Crop and Push Perfume Prices
Grasse France, perfume capital of Europe, faces a shortfall of 600000 pounds of petals due to late frosts and bad weather. Riviera blooms damaged by frost could lift French perfume costs by at least 25 percent as distilleries pay growers through their cooperative.Rose leaves fetch ten cents a pound and orange blossoms fifteen cents.
MENTIONED IN THIS ARTICLE
Grasse
France
Europe
Riviera
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Harry F. Sinclair
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Chicago
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Toronto
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Burlington
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America
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Sykes
John FP
Dillon
H. A. Bellows
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Oinitman
Chine
Paul Audel
Moffat Road
Rocky Mountains
Illinois State News
Ilinois
Bureau of Industrial Accident and Labor Research
Ficresse
University of Minois
Council of Administration
Kenneth Haney
Bloomington
Star
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Robinson
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Raymond ‘Tile
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University of Illinois
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Oleta
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