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RUSH ON A BANK

DEPOSITORS IN ALBERTA.

SOCIAL CREDIT SYSTEM FEARED.

GOVERNMENT TAKES ACTION

(United Press Association —Copyright) (Received This Day, 1.30 p.m.) OTTAWA, August 27.

A message from Calgary (Alberta) states that the Reid Government will suspend payment of the Alberta Gov eminent Band savings certificates, fob lowing a rush by depositors to withdraw their savings in fear of the coming inauguration of the Social Creditsystem. Government certificates, payable on demand, are outstanding to the total of 10,000,000 dollars.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/AG19350828.2.54

Bibliographic details

Ashburton Guardian, Volume 55, Issue 270, 28 August 1935, Page 6

Word Count
80

RUSH ON A BANK Ashburton Guardian, Volume 55, Issue 270, 28 August 1935, Page 6

RUSH ON A BANK Ashburton Guardian, Volume 55, Issue 270, 28 August 1935, Page 6