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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Cranbrook Herald
Location
Cranbrook, British Columbia, Canada
Date
Aug 24, 1923
Page
2
Friday August 24 1923 editorials discuss the collapse of a Canadian bank branch in Ferine and its impact on Cranbrook readers. The piece explains why large scale finance fails and how immediate repercussions include bounced cheques and a crisis of confidence.
The article decries banking deceit at a annual meeting amid absorption talks and predicts a government move to tighten supervision after several failures. It also urges improved road access to the Banff Windermere route, noting tourism will boost traffic from a few thousand to ten thousand cars next year.
As the Banff Windermere road nears completion a steady flow of tourists begins moving toward the region. Local guides expect continued traffic and increased business along the route.
The text argues that perseverance yields solutions and questions why efforts should stop now. It emphasizes progress achieved and urges continuing the practical work toward a solution.
The Seattle cruiser, flagship of the U S fleet, grounded on Sand Spit off Marrowstown Point in Puget Sound during thick fog. It was refloated after the incident without reported injuries.
The piece notes new registration rules for Chinese immigrants, with the mounted police given responsibility for their supervision. It questions whether the aim is to restrict entry or monitor arrivals. It also suggests examining causes behind many young Canadians leaving for the United States.
The Cranbrook Herald reports 1903 party conventions naming Dr J H King for the Liberal banner and Thos Caven for the Conservative standard bearer. Labor Day subscriptions total about 700 for prize money as Cranbrook plans a big celebration. The town reorganizes its football team to defend the Beattie Cup from Fernie.
John Calvin Coolidge administered the oath of office as the new president is sworn in. The event marks the formal transfer of presidential power with Coolidge officiating in a ceremonial capacity.
Returned soldiers are reminded that September 1 is the last day to apply for insurance under the Returned Soldiers Insurance Act. No medical exam is needed unless the applicant is seriously ill. The act now excludes only those in very poor health. Coverage ranges from $500 to $6,000 with several standard plan options and lower premiums.
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