Supreme Court Invalidates Municipal Bankruptcy Act
The Supreme Court ruled the 1934 Municipal Bankruptcy Act invalid as an unwarranted intrusion on state sovereignty. Four justices dissented. the majority was led by Justice McReynolds. The case arose from Texas bondholders of a water improvement district challenging the act’s revisions.
MENTIONED IN THIS ARTICLE
United States Supreme Court
Hughes
Stone
Brandeis
Cardozo
James G. McReynolds
Texas
Effies
Justice McReynolds
Leon Blum Idol of the French Reds and Leftist Hype
Leon Blum, elderly French Socialist leader, is seen as a fragile figure by many while leftists rally to him. Large crowds of Reds and Pinks march in Blum’s honor amid debate over debt and France’s future.
MENTIONED IN THIS ARTICLE
Herbert Hoover
Landon
Hoover
California
Texas
James A. Farley
Michigan
Delivention
Artilesa
Whithla Comyneéror
Hinkle Selesaie
Ethiopia
Fon Blum
Nanda
Bebti of
Blum
Stoo Chesringan Thas Mnea
Ph Leon Blum
Hig
Washington
de France
Also Mentioned on This Page
Edward W. Pickard
Western ‘Newspaper Union
Frank Lowden
Lowden
Hilness
Union
New York
Karl Browder
Communist Party
United Front
Joseph B. Eastman
Wheeler
Montana
Roosevelt
Eastman
Astmsin
Federal Reserve
Inal
Farley
Swhontithé
Belgium
Congress
House
Hartigan
Senate
Thil
Dr. Townsend
Frangin B. Townsend
House Committee
Aginy
Townsend Club
Townsend
Lehman
Erbert AL Lehman
Albany
Democratic Party
Roogevelt
Wagner
Copeland
Leitman
Russia
Great Britain
London
Japan
Karl Radek
Javestin
Tokyo
Filene
United States Chamber of Commerce
Dward A. Eilene
Boston
United States Chamber, of Commerce
Inter Estat Mro
Rognevelt
Chambercot Commerce
North
China
North China
Matamipre
Keaji Diohara
Piacing
Tientsin
Doubtess
Mioharg
Chine “Pe
Afutsummre
Peping
Henney
Frank’, Lowden
J.B. Eastman
F.E
Gov
Leon Blum
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