The Bismarck tribune., 1925-12-24
XMAS SPIRIT
DAMPENED BY
BANK CRASHES
Denver Has Gorgeous Holi-
day Attire, HOwever-Hard
Times Not Evident
WEST is PROSPEROUS
Colorado Springs Described as
Il Bountiful and Pic
turesque City
nv Geo. u. NANNY


Denver. Dec. 19.-Despite the fact
that Denver closes the week before
Christmas with five bank failures
within a week, this city has the most
gorgeous holiday attire of any city
seen in several days travel. Friday
and today hundreds stormed local
banks to get out their money, and
some drastic steps had to be taken TO
quiet the excitement. Two national
and three rather small state banks
closed during the week, but steps are
under way now to liquidatc the state
institutions and reorganize the ma
-tional banks. The closings have put
a wet blanket on the holiday cheer in
many quarters. In some homes there
won't be any special Christmas spirit.
Savings of many will be wiped out
or held up for months pending liqui-
q dation.
The two most important institu-
tons involved are the Broadway Ma
tional and Drovcrs National. Despite
the fact that this section is highly
prosperous, money was not forthcom-
ing to save these institutions. Bad
banking seems to be the only answer
to the sudden excitement in Dcnvcr's
financial circles.
SOuNtTS Is ITOSpcTous
The whole section Of this mountain
country looks prosperous. Sugar
bects have commanded record prices,
and announcement was made here to-
day by the Great Western Sugar COM
pany that it had closed a contract
with beet growers for the 1926 crop
at Il record price. On the heels of
this news came ALSO the publication
of Il $4,000 Christmas stock dividend
melon to it's Colorado stockholders by
the leading Public Service corpora
ton.
Holiday trade has been reported as
very brisk and local business men
DENY that five bank failures in Il
week is indicative of hard times in
this most picturesque section OF the
: nation. y,
Over at Colorado Springs, the
writer was told that more than .
million in gold was being taken out
of Cripple Greek every month. This
interesting mining town is only 4(
miles over the mountains from the
Springs. In the city square of Col
orado Springs stands the monument
Of Stratton, who discovered and ol<
cned the Cripple Creek gold district
The town. Cripple Creek. once
itself, some 10000 or $4,000 souls, but
Former Capitol Still Stands
On the streets Of Colorado Springs
old town section. stands the log cab
in that once served as the state cap
. itol when that portion of the Springs
was known as Colorado City anc
gunmcn, broilers, gamblers anC
"dudes" made it orc of the TOUCHES,
places ir. That section, the gateway
TO the gold Of Cripple Creek.
This cabin was built in lS46 ant
scrycd as a capitol until Denver was
finally named as the seat OF govern
ment.
Few cities per capita have thu
wealth Of Colorado Springs. Gold has
made many wealthy and out Of the'l
means have been built great play
ground as we'll as IL health resort.
The Cave a Wonderful Sight
The writer has seen no grande
view than is commanded from th'
Gave of the Winds" looking dowl
Williams Canyon, and then up towart
pixies Peak"
In 1883 or thereabouts two small
BOYS discovered "The Cave of tn
Winds" Their name was Pickett
They received you lot tHclr 1lnu AIN
today five men control this wonder
full cave and yearly 100000 tourist!
pay $l.1O per to see it. The road
however, to this cave is kept up b.
the corporation controlling the at
traction.
The tourist cannot help wishing
that the scenic, wonders in this sec
tion had been brought under contro
of Uncle Sam, as at the Grand Cany
on of the Colorado in Arizona, TO b.
held free forever for the pleasure o
the traveller.
Medina Boy Is Guide
Ernie Devyre, a Medina boy. broth
err of Mrs. T. H. Poole Of Bismarch
who together with his brother ar
prosperous distributors of automo
biles in Colorado Springs, acted a
guide to the writer and pointed ou
the many scenic wonders within cas-
access from Denver or ColOrad
Springs. Pixies Peak road was closet
but the writer was whirled by aut
up 10000 feet over ID per cen
grade to the summit Of Mt. Chey
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