AT&T's most recent dividend increase extended its track record to 31 years of consecutive dividend raises. Moreover, AT&T is included in the exclusive group of stocks that have managed a dividend policy that has increased its dividend for 25 or more consecutive years.
Introduction. The Prohibition era lasted from 1920 through 1933, and was an attempt to legislate morality. It took a Constitutional amendment to enact it, and another one to repeal it. The attempt to decrease the evils of alcohol actually created more-and new-types of crime.
Ratified on January 29, 1919, the 18th Amendment went into effect a year later, by which time no fewer than 33 states had already enacted their own prohibition legislation. In October 1919, Congress passed the National Prohibition Act, which provided guidelines for the federal enforcement of Prohibition.