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Newspaper
Russell Banner
Location
Russell, Manitoba, Canada
Date
Jan 09, 1908
Page
12
The Banner notes publication from Main St Russell Manitoba with annual rate of one dollar in advance and credits Joseph McIntyre as publisher.
The Manitoba Legislature opened its first session of the twelfth province for the year. Sir Daniel McMillan read the Throne Speech outlining plans for hail relief, grain growers’ safeguards, a government telephones system, education portfolios, and amendments to the Municipal Act. The address also notes anticipated bills on public accounts and audits and seeks better relations with Ottawa on swamp lands and school lands transfer.
The Manitoba government buys the Be AL telephone system for 3.0 million dollars with 0.1 million for hand supplies, to be taken January 13. It will be financed by a 44 year debenture at par. Premier Roblin aims for a consistent Conservative government and nonpartisan operation. The department of telephones will support municipalities wishing to set up their own systems.
A reflective note on the Manitoba electors and a deal under review. The speaker says outsiders cannot judge the arrangement without full details and that time will reveal its value and consequences. The tone stresses caution and dependent outcomes.
A Commercial letter argues for higher interest on bank deposits, noting banks pay little to depositors while earning on loans. It contends a 3 to 3 1/4 percent rate would boost deposits, expand bank operations, and benefit the country, countering beliefs stoked by real estate boom stories.
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