--- --- Back to the vault ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F1%2F1550.jpg&w=3840&q=75) Shop the cover --- August 13, 1923 | Vol. I No. 24August 13, 1923 | Vol. I No. 24 ### August 13, 1923 | Vol. I No. 24August 13, 1923 | Vol. I No. 24 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F10%2F1550.jpg&w=1080&q=75) August 13, 1923 | Vol. I No. 24 Pageof 32 Zoom+ ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F10%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F1%2F1550.jpg&w=1080&q=75) View page 1 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F2%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F3%2F1550.jpg&w=1080&q=75) View pages 2 & 3 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F4%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F5%2F1550.jpg&w=1080&q=75) View pages 4 & 5 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F6%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F7%2F1550.jpg&w=1080&q=75) View pages 6 & 7 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F8%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F9%2F1550.jpg&w=1080&q=75) View pages 8 & 9 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F10%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F11%2F1550.jpg&w=1080&q=75) View pages 10 & 11 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F12%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F13%2F1550.jpg&w=1080&q=75) View pages 12 & 13 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F14%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F15%2F1550.jpg&w=1080&q=75) View pages 14 & 15 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F16%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F17%2F1550.jpg&w=1080&q=75) View pages 16 & 17 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F18%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F19%2F1550.jpg&w=1080&q=75) View pages 18 & 19 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F20%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F21%2F1550.jpg&w=1080&q=75) View pages 20 & 21 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F22%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F23%2F1550.jpg&w=1080&q=75) View pages 22 & 23 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F24%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F25%2F1550.jpg&w=1080&q=75) View pages 24 & 25 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F26%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F27%2F1550.jpg&w=1080&q=75) View pages 26 & 27 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F28%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F29%2F1550.jpg&w=1080&q=75) View pages 28 & 29 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F30%2F1550.jpg&w=1080&q=75) ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F31%2F1550.jpg&w=1080&q=75) View pages 30 & 31 ![The iconic red rectangular TIME logo with the word 'TIME' in white, bold, uppercase serif letters.](/replatform/_next/image/?url=https%3A%2F%2Fcontent.time.com%2Ftime%2Fsubscriber%2Fvault%2F1923%2F08%2F19230813%2F32%2F1550.jpg&w=1080&q=75) View page 32 Page 10 - Aug 13, 1923, Vol. I, No. 24 - The Vault - TIME ```json {"@context":"https://schema.org","@graph":[{"@type":"Organization","name":"Time","url":"https://time.com/","logo":{"@type":"ImageObject","url":"https://time.com/images/logo.png","width":210,"height":60},"foundingDate":"March 3, 1923","sameAs":["https://www.facebook.com/time","https://www.instagram.com/time/?hl=en","https://twitter.com/time","https://www.pinterest.com/timemagazine"]},{"@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https://time.com/"},{"@type":"ListItem","position":2,"name":"Page 10 - Aug 13, 1923, Vol. I, No. 24 - The Vault - TIME","item":"https://time.com/vault/issue/1923-08-13/page/10/"}]}]} ```