Banks Protest Gold Clause in New Act
In Ottawa the House of Commons banking committee heard from S H Logan of the Canadian Bank of Commerce and other bankers opposing the requirement that chartered banks transfer their gold holdings to the Bank of Canada at the par rate of 20.67 per ounce. They argued for fair market value and warned of losses if forced transfers occur, while government officials defended the measure as part of central bank operations. The bill would place gold held for domestic business with the central bank, with profits from any premium sale returning to the Dominion treasury.
MENTIONED IN THIS ARTICLE
Ttawa
Bank of Canada
House of Commons
S H Logan
Canadian Bank of Commerce
Canadian Bankers Association
Chartered
E. N. Rhodes
W. C. Clark
Dominion
Canada
Dominion Treasury
Manitoba Moves to Save 50000 Cattle from Drought
The Manitoba government moves to aid about 50 000 head of farm stock facing starvation and drought. Executive council approved relief measures and plans to coordinate with the Dominion government and transport systems to move cattle to thriving grazing areas with no cost to farmers.
MENTIONED IN THIS ARTICLE
Winnipeg
Manitoba
Drouth
Executive Council
Dominion
Relief For Single Homeless Ottawa In Prairie Provinces
The federal government allocated 463 769 for food fuel clothing and shelter for single homeless people in Manitoba Saskatchewan and Alberta from March 31 to July 31 last year with the Dominion bearing 100 percent of relief. Manitoba received 243 710 Saskatchewan 44 493 and Alberta 177 566. Separately the government limited no par value shares in future growth to curb capital.
MENTIONED IN THIS ARTICLE
Ottawa
Prairie Provinces
House of Commons
Manitoba
Saskatchewan
Alberta
Dominion
Rainbow at Midnight Seen Over Coaldale
A rainbow appeared across the sky from east to west between 12:30 and 1 am above Coaldale Alberta. R T Allen and his family witnessed the vivid arch, noting clearly defined colors and the unusual nighttime phenomenon.
MENTIONED IN THIS ARTICLE
Lethbridge
Alta
R. T. Allen
Coaldale
Allen
Saskatchewan Objections to French Language Use on Radio
F W Turnbull K C Cons Regina told the House of Commons radio committee that SaskPeople oppose using French on broadcasts as an attempt to declare French as Canada's official language. He said unity and rights issues arise from bilingualism and that French should be limited to the British North America Act terms.
MENTIONED IN THIS ARTICLE
Ottawa
Saskatchewan
F. W. Turnbull
K.C .Cons
Regina
House of Commons
Turnbull
Canada
Quebec
Dominion
Forest fires threaten settlements across Atlantic provinces
Fires rage from New Brunswick to Nova Scotia with 300 homeless in Oliver settlement and 16 homes destroyed in Alcida, Gloucester county. Restigouche Cumberland counties report vast timber losses as winds drive the blazes. rain is desperately needed. Ontario and Quebec see improved conditions while Manitoba also reports outbreaks.
MENTIONED IN THIS ARTICLE
Toronto
Quebec
Ontario
New Brunswick
Oliver Settlement
Restigouche County
Cumberland County
Nova Scotia
Manitoba
New Alcida
Gloucester County
N.B
Queens
Madawaska
York
Victoria
Moscow seeks British orders in trade pivot plan
L E Mather president of the Anglo Russian Chamber of Commerce says Moscow plans large purchases in Britain if prices and terms suit. He cites a reliable Soviet Russia source. Soviet buying in Britain in the first four months of 1934 exceeded 1933 by two and a half times.
MENTIONED IN THIS ARTICLE
London
Moscow
Great Britain
L. E. Mather
Anglo-Russian Chamber of Commerce
Russia
Mather Aaid
Alberta Grasshoppers Spurn Poison Bait Short on Molasses
Farmers report grasshoppers in Alberta refuse the standard bait as it lacks sufficient molasses. Munson notes hoppers are not taking the poison with their usual vigor, requiring a sweeter formula to lure the grain field pests.
MENTIONED IN THIS ARTICLE
Calgary
Alberta
Munson Cois
France Opposes German Re Armament at Disarmament Talks
Geneva reports France will not consent to any German re armament under any terms. Barthou denounces the German budget increase while Britain pushes for a workable plan. British insistence on progress meets French resistance and warnings of a possible breach in Anglo French ties.
MENTIONED IN THIS ARTICLE
Geneva
France
Sminack
Louis Barthou
Germany
Barthou
Sir John Simon
Britain
Sir John
Liberal Leader Mitch Hepburn Campaigning in Ontario
A new portrait shows Mitch F. Hepburn, head of the Ontario Liberal Party, leading a strenuous campaign ahead of the upcoming Provincial General Elections. He tours regions, rallying supporters and urging party unity.
MENTIONED IN THIS ARTICLE
Mitch F. Hepburn
Ontario Liberal Party
Hepburn
Radio Expenses Ottawa 1934 35 Commission Expenditures
The Canadian Radio Broadcasting Commission spent 316,934 on artists and 104,143 on studio and station equipment plus 1,128,591 total for the year. Salaries total 54,740 for staff while commissions paid 9,000 to Chair Hector Charlesworth and 7,200 each to Vice-Chairman Maher and Commissioner W A Steel. Traveling costs for the three officials totaled 6,031 with 23,545 for other travel. Other outlays include 28,163 leases of stations 102,836 leases of time on stations 67,049 other salaries 10,997 printing and stationery and 302,978 wires lines etc. 20,276 station charges and 16,340 music royalties. Also 245,429 spent by the radio branch of the marine department on licenses sale and interference elimination costs.
MENTIONED IN THIS ARTICLE
Ottawa
Canadian Radio Broadcasting Commission
Montreal
Hector Charlesworth
Maher
W.A. Steel
Charlesworth
Steel
The
Radio Commission
Radio Branch
Marine Department
Strange Malady Killing Alberta's Wild Fowl
A mystery disease has struck Stobart Lake near Calgary killing thousands of wild fowl. Investigators from Dominion and province failed to solve it last year and report this year the malady has spread to gulls with thousands dying in several days. Ottawa and Edmonton have been notified.
MENTIONED IN THIS ARTICLE
Calgary
Stobart Lake
Dominion
Ottawa
Edmonton
Dominion Prosperity Key to Britain's Unemployment Solve
Former Australian prime minister S M Bruce told Ottawa that Britain's unemployment hinges on resuming the flow of surplus population to the Dominions. He urged Dominion prosperity as Britain's trading partner and warned the World Economic Conference was a failure.
MENTIONED IN THIS ARTICLE
Ottawa
Great Britain
Dominions
S. M. Bruce
Australia
Mr. Bruce
Canada
Bruce
Radio Commission Employees Placed Under Civil Service
The civil service commission replied to the radio commission request for powers to appoint and set salaries for its staff. Civil service commissioner C. H. Bland told the radio committee that both technical and clerical employees of the radio commission should come under the civil service.
MENTIONED IN THIS ARTICLE
Ottawa
Civil Service Commission
Radio Commission
C. H. Bland
Civil Service Commissioner
Radio Committee of the Commons
Civil Service
Lottery Bill Defeated in Ottawa House of Commons
Quebec hopes for legalized lotteries to fund education and charities failed as P F Casgrain’s bill to amend the criminal code was defeated on second reading in the House of Commons.
MENTIONED IN THIS ARTICLE
Ottawa
Quebec
House of Commons
P. F. Casgrain
Lib
Charlevoix-Saguenay
Bill Protecting Investors Faces House Review in Canada
In Ottawa a review of the Consolidated Companies Act featured a Liberal proposal by Harry Butcher to ban no par value stock issues amid concerns of stock watering and investor fleecing. Secretary of State Charles H. Cahan opposed the amendment, the bill advancing clauses while provinces retain incorporation power. Lord Southborough, tied to British interests, returned to Canada amid ties to British Columbia.
MENTIONED IN THIS ARTICLE
Ottawa
House of Commons
Harry Butcher
Last Mountain
Sask
Charles H. Cahan
Butcher
Canada
Dominion
Cahan
C P R Trust Bonds Montréal Subscription Fully Proved
The subscription books for Canadian Pacific Railway 15 year 4 per cent collateral trust bonds totaling 12 million dollars closed shortly after opening. Bonds priced at 97.79 plus accrued interest yield about 4.2 per cent and are convertible into four common shares per 100 bonds. They are non call able and due July 2, 1949, with a syndicate of banks handling the sale.
MENTIONED IN THIS ARTICLE
Montreal
Canadian Pacific Railway
Notable flyers join London to Australia air race
Sir Charles Kingsford Smith leads 36 entrants in the London to Australia race this summer. New American participants include Wiley Post with a Lockheed plane, John H. Wright of Utica New York with a Lambert mono, Keith Rider in a Rider mono, and Murray B Dilley in a Vance mono.
MENTIONED IN THIS ARTICLE
London
Sir Charles Kingsford-Smith
England
Australia
Wiley Post
Flyer
Lockheed
John H. Wright
Utica
N.Y
Lambert
Keith Rider
Murray B. Dilley
Pioneer fur commissioner flies rapid northern trip
Ralph Parsons, Hudson's Bay fur commissioner, joined Archie McMullen of Canadian Airways to fly from Edmonton toward South Cooking Lake after inspections of Manitoba and Saskatchewan fur posts. Parsons covered vast terrain in days, a feat that would have taken months by old methods.
MENTIONED IN THIS ARTICLE
Edmonton
Manitoba
Saskatchewan
Alberta
Ralph Parsons
Hudson's Bay
South Cooking Lake
Junkers
Archie McMullen
Canadian Airways
Mr. Parsons
Also Mentioned on This Page
N Radio
Liberal
Canadian Radio Commission
J. G. Gardiner
Liberal Party
J. T. M. Anderson
Conservatives
M. J. Coldwell
Farmer- Labor
Prince of Wales
King George
Lord Southborough
British Columbia
C.P.R. Trust Bonds
Spector