Observer notices and editorial policy disclaimer
The Observer announces Bruce Dennis as editor and owner and notes La Grande mailing details. It states manuscripts may be revised at the editor’s discretion and asks contributors to sign their articles to avoid disappointment.
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Banking Breakdown in New York Prompts Widespread Debate
Major New York financial institutions including a state bank a savings bank and a trust company were closed by the State Superintendent of Banks amid a broader crisis. Commentators fault weak safeguards and demand stronger oversight through a central bank or district clearinghouse authorities while J P Morgan steps in to stabilize some banks provoking mixed public reaction.
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Lewiston-Huntington Railroad to resume work along Snake River
The Joseph Herald reports the Lewiston H Huntington railroad by the C W R N Co will restart soon. About 60 miles of the line exist from the Huntington end and several miles from the Lewiston end. The route runs on the west river bank, defining Wallowa county eastern boundary and promising wide county benefits.
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