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Updated: June 17, 2025
Callable bonds have been refunded and paid, so that during this year the average rate of interest on the present public debt for the first time fell below 4 per cent. Keeping the credit of the Nation high is a tremendously profitable operation. The immediate fruit of economy and the retirement of the public debt is tax reduction. The annual saving in interest between 1925 and 1929 is $212,000,000.
The development of sound and strong cooperative associations is of fundamental importance to our agriculture. It is encouraging to note, therefore, that a vigorous and healthy growth in the cooperative movement is continuing. Cooperative associations reporting to the Department of Agriculture at the end of 1925 had on their membership rolls a total of 2,700,000 producers.
Haifa, Palestine, April 10th, 1925. Letter of May 12, 1925. To the members of the American National Assembly. Dearly-beloved fellow-workers: I have read with deep interest your two recent communications dated April 4th and 18th, and am gratified to learn of the steady expansion of your manifold activities. Election of National Assembly
The first serious collision with the outer world came on May 30th, 1925, when British soldiers shot at a crowd demonstrating in Shanghai.
Even house pets were granted the privilege of traveling by the air route. The artist was not far wrong except in his date. He should have put it at 1925. On a fine April morning there seemed no limit to the realization of such interesting possibilities.
William J. Bryan, when attending the Presbyterian General Assembly in Columbus, Ohio, in 1925, enclosed, in a letter to the writer, a copy of his address in John Wanamaker's Church, Philadelphia, on evolution and modernism, from which we select the following: "All the modernists are evolutionists and their hypothesis of creation gives man a brute ancestry and makes him the apex of a gradual development extending over millions of years.
At any rate it fell to his lot to make two trips to Alaska between the years 1922 and 1925. He and his friend, Jack Robertson, were financed in a project to collect moving-picture scenes of the Northland. They were instructed to show the country in all its seasonal phases, to depict the rivers, forests, glaciers and mountains, particularly to record the summer beauties of Alaska.
He insisted on being his own lawyer, and he took great pleasure in harassing the witnesses and haranguing the jury. When he realized that this was undermining his own case, he began taking advice from a white lawyer. Nevertheless, he was fined $1,000 and given a sentence of up to five years in prison. In 1925, he was sent to the Atlanta Penitentiary.
At the end of 1924 Sun Yat-sen with some of his followers went to Peking, to discuss the possibility of a reunion between north and south on the basis of the program of the People's Party. There, however, he died at the beginning of 1925, before any definite results had been attained; there was no prospect of achieving anything by the negotiations, and the south broke them off.
Letter of November 30, 1925. To the beloved of God and the handmaids of the Merciful in the East and in the West. Dear fellow-workers: It is with feelings of overwhelming sorrow that I communicate to you the news of yet another loss which the Almighty, in His inscrutable wisdom, has chosen to inflict upon our beloved Cause.
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