The national wage distribution is shown below. To overlay local salaries for an Automotive Service Technician or Mechanic, please select your state.
The Johnson Debt Default Act of 1934 is a U.S. law prohibiting future loans to nations that have defaulted on repayment of previous loans to the U.S. This law came about following the collapse of the international financial situation created by the Dawes Plan and subsequently modified by the Young Plan as a result of the Great Depression.
Johnson Act. The Johnson Act of 1934 (Foreign Securities Act, ch. 112, 48 Stat. 574, 18 U.S.C. Â§ 955, 1934-04-13) prohibited foreign nations in default from marketing their bond issues in the United States. The law was enacted on April 13, 1934, and although it was impacted by the Bretton-Woods Agreement, it was not repealed and continues to have the force of law.