Bank of Canada Reports Ample Gold Reserves and Strong Backing
The Bank of Canada announces a gold reserve of $106,583,55 and total reserves of $107,655,93 with silver bullion and foreign funds. Gold backing exceeds statutory requirements at 42.47 to 100 versus 25 to 100, supporting Dominion notes and chartered banks. The bank holds Dominion securities of $149,859,930 and initial notes in circulation at $185,000,000. future note issues require government securities. Delinquent shareholders have one month to pay.
MENTIONED IN THIS ARTICLE
Ottawa
Bank of Canada
Department of Finance
United States
Dominion
Dominion Government
MacDonald Returns to Duty Amid Peace Paper Debate
Prime Minister Ramsay MacDonald, tired from illness, resumes duties to deny resignation rumors as cabinet discusses the white paper detailing increased 1935 British defence estimates. He defends the document calling it a peace measure while his health remains fragile despite a Canadian vacation.
MENTIONED IN THIS ARTICLE
London
Ramsay MacDonald
MacDonald
London council to disband cadet corps in high schools
The education committee of the London County Council, now under Labour, recommends disbanding the cadet corps in secondary schools. Governing bodies of aided schools are asked to align. After an intensive debate, the committee argued cadet training offers little educational value and contradicts peacetime spirit.
MENTIONED IN THIS ARTICLE
London
London County Council
L.C.C
Retiring From Railway Board Ottawa
A. D. Cartwright, secretary of the board of railway commissioners, retires at month end after 31 years of service. He is son of the late Sir Richard Cartwright, former minister of trade and commerce, and was secretary of the original board headed by the late Hon. A. G. Biarn. He has held office continuously since then.
MENTIONED IN THIS ARTICLE
Ottawa
A. D. Cartwright
Board of Railway Commissioners
Cartwright
Richard Cartwright
Trade and Commerce
Laurier
A. G. Biar
Campbell Awarded Damages in Calgary Oil Plant Explosion
A jury awarded Fred A. Campbell of Beiseker $24,585 against Regal Oil and Refining Company of Calgary after an explosion at the Beiseker plant. Campbell sued for $40,339, alleging the company was negligent.
MENTIONED IN THIS ARTICLE
Calgary
Fred A. Campbell
Beiseker
Regal Oil and Refining Company
Campbell
Vancouver seeks two year suspension of bond interest
Mayor G G McGeer told the private bills committee that Vancouver could avoid default if the British Columbia government grants 800000 and allows a two year suspension of interest above three percent on city bonds. He said the move would not repudiate obligations but restore credit within two years. R H Pooley suggested the province pay excess interest for one year to ease future borrowing.
MENTIONED IN THIS ARTICLE
Victoria
British Columbia
Vancouver
G. G. McGeer
Thomas Bradshaw
Toronto
R. H. Pooley
Esquimalt
McGeer
Premier Gardiner outlines seed aid plan for Saskatchewan farmers
Premier Gardiner told Dominion Mortgage and Investments Association members that negotiations with loan companies will soon provide Saskatchewan farmers with spring seed. He argued the fertile soil remains, deficits could vanish with one good crop, and east support is needed beyond money to reestablish prairie agriculture.
MENTIONED IN THIS ARTICLE
Toronto
Gardiner
Saskatchewan
Dominion Mortgage and Investments Association
East
Prairie Province
Goodwill
West
Alberta tax inquiry board to study production tax
Premier Reid said the Alberta tax inquiry board will study a production tax for the province before a final report. An interim report will be submitted soon while the board reviews several government issues. He defended provincial taxation amid Liberal charges of home confiscation and cited revenue declines since 1921.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta Tax Inquiry Board
R. G. Reid
Tax Inquiry Board
Government awards drill contract for trousers material
The House of Commons reports Dominion Textiles Limited of Montreal won a contract to supply 100000 yards of drill for trousers for men in government relief camps. The material cost, excluding sales tax, is $22790.
MENTIONED IN THIS ARTICLE
Ottawa
Dominion Textiles, Limited
Montreal
House of Commons
Ontario Premier Faces Bomb Threat Letter
Premier Mitchell F Hepburn received a handwritten threat to blow up his home and Elgin county buildings before July 12. The letter mailed from St Thomas was turned over to General Victor Williams, commissioner of provincial police for investigation.
MENTIONED IN THIS ARTICLE
Toronto
Mitchell F. Hepburn
Elgin County
St. Thomas
Victor Williams
Legion Branch Plans Ottawa Fund Drive
The Mervin Sask branch of the Canadian Legion to organize a subscription list of all zone members to raise money for the King George V Silver Jubilee Cancer fund.
MENTIONED IN THIS ARTICLE
Ottawa
Mervin, Sask
The
Canadian Legion
King George V
Edmonton Unemployed Seek Jubilee Gift Aid
A petition to Edmonton city council requests relief recipients receive 50 cents each to celebrate the king's jubilee. Relief recipients had received a $1 Christmas cash gift. no action has been taken yet.
MENTIONED IN THIS ARTICLE
Edmonton
Heavy Fines For Speeding In London
London authorities announce strict crackdown on speeding in built up areas with plainclothes patrols in cars and pursuit by gong signals. First offences carry penalties up to 20 pounds and second offences up to 50 pounds, with officers cruising at 30 miles per hour.
MENTIONED IN THIS ARTICLE
London
Tariff Board Invites Motor Car Cost Investigation
Finance Minister E N Rhodes authorizes Tariff Board Chairman George H Sedgewick to investigate Canada’s automotive industry. The inquiry will assess customs and excise duties, domestic consumption, parts production, distribution costs, and factors determining retail vehicle prices in Canada.
MENTIONED IN THIS ARTICLE
Tariff Board
Ottawa
E. N. Rhodes
George H. Sedgewick
The
Canada
Rhodes
United States
Will Allow No Laxity Ottawa Reform Measures Enforced
Hon. Wesley Gordon warnings to the Confederation of Catholic Laborers of Canada pledge rigid enforcement of penal provisions in unemployment insurance day of rest and eight hour bills. Delegation asked charter removals after two offences and firing union members as misconduct, but the minister said provincial laws catch the issue while reform statutes before Parliament would be vigorously enforced.
MENTIONED IN THIS ARTICLE
Ottawa
Wesley Gordon
Confederation of Catholic Laborers of Canada
Great War Financing in Canada Raises War Bond Figures
Finance Minister E N Rhodes told H E Spencer in the House of Commons that from August 1914 to demobilization Canada borrowed 1 447 138 558 for war purposes. All borrowing occurred in Canada with 1 339 526 528 of bonds issued tax free.
MENTIONED IN THIS ARTICLE
Ottawa
E. N. Rhodes
H. E. Spencer
U.F.A
Battle River
House of Commons
Canada
Steer Sales Hit $25,000 in Calgary Area Finish
Calgary rancher George Ross fed 500 steers in Vauxhall irrigation district and sold the finished cattle to a Chicago packing company for about $25,000. The steers were brought from the range and finished in feeding lots locally.
MENTIONED IN THIS ARTICLE
Calgary
George Ross
Alberta
Vauxhall
Ross
Chicago
Committee to Investigate Unemployment Among Veterans
An inquiry will study veteran unemployment and propose measures to aid ex service men. A council order set the panel: Hon. Justice J. D. Hyndman, Col. C. B. Price, and W. B. Woods to report to Minister D. M. Sutherland with recommendations. Brigadier General Alex Ross praised the Legion’s push for action.
MENTIONED IN THIS ARTICLE
Ottawa
D. M. Sutherland
Canadian Legion
J. D. Hyndman
C. B. Price
Montreal
W. B. Woods
Toronto
Alex. Ross
C.M.G
Dominion
Legion
Demand For Cars Surges in Windsor Border Cities
January and February show sharp demand and production gains for automotive firms in Windsor and surrounding border cities. Employment and output rise up to 77 percent and 100 percent respectively, with builders unable to keep stock, expecting peak production in a month or so.
MENTIONED IN THIS ARTICLE
Windsor
Ont
Final Act of the Greek Revolt Recap and Refugee Moves
Athens reports Venizelos seeking asylum on Rhodes after fleeing Cassos, while the Averoff greets Salamis to pursue rebel ships. Courts martial proceed as loyalist forces mop up in Macedonia. Exiled leaders may face amnesty or trial. talk of monarchist restoration grows.
MENTIONED IN THIS ARTICLE
Athens
Eleutherios Venizelos
Rhodes
Julius Caesar
Averoff
Venizelos
Cassos
Salamis
Macedonia
Grist
Venizélos
Crete
Italy
Stylianos Gonatas
Senate
Panagotopoulosos
Flengas
Seventh Revolutionary Division
Athena
Greece
Constantine
Bulgaria
Kamanos
British Naval Estimates Passed in Commons 1953
The British House of Commons approved naval estimates for 1953 by a 158 to 40 vote totaling £60,050,000. First Lord of the Admiralty Sir Bolton Eyres-Monsell urged international naval armament talks to curb battleship and cruiser sizes, noting talks with other powers and a plan to set cruiser tonnage around 7,000 and 6-inch guns. He accused the Labour Party of war-mongering accusations against the government.
MENTIONED IN THIS ARTICLE
London
House of Commons
Boltom Eyres-Monsell
Admiralty
Bolton
Britain
United Kingdom
Labor Party
Ottawa stamps to mark King George’s silver jubilee
Postmaster General Arthur Sauve announced a six stamp series to celebrate King George VI’s accession. Denominations include 1c Princess Elizabeth, 2c Duke of York, 3c King and Queen, 5c Prince of Wales, 10c Windsor Castle, and 15c Britannia yacht. Regular and double size denominations noted. issue date to be announced.
MENTIONED IN THIS ARTICLE
Ottawa
Arthur Sauve
George
Elizabeth
Duke of York
Prince of Wales
Windsor Castle
Britannia
Train Collision Injures Eleven in Snowstorm at Caradoc
In Caradoc Ontario a Canadian Pacific passenger train and a freight train collided during a heavy snowstorm. Engineer Malcolm D. McTaggart of London Ont sustained back injuries from leaping from the cab to avoid the crash. The other ten passengers and crew suffered shock and minor injuries but continued on their journeys.
MENTIONED IN THIS ARTICLE
Caradoc
Ont
Canadian Pacific Railway
Malcolm D. McTaggart
London
Eldorado Radium Silver Express Lands in Winnipeg
The Eldorado Radium Silver Express, one of Canada's largest airliners, landed in Winnipeg on March 12 piloted by W. L. Brintnell of Mackenzie Air Service. The Bellanca air cruiser, capable of carrying 21 tons of freight, departed for Edmonton for north service.
MENTIONED IN THIS ARTICLE
Winnipeg
Canada
W. L. Brintnell
Mackenzie Air Service
Bellanca Air Cruiser
Edmonton
British leaders to visit Berlin for talks on security
London announces Sir John Simon and Eden will depart for Berlin on March 24 to confer with Chancellor Adolf Hitler on European security and return March 27. In Jerusalem archaeologists reveal porcelain archives 2,000 to 2,500 years old linked to a Judahite prince, seen as major evidence for earlier Ebito theories.
MENTIONED IN THIS ARTICLE
London
Sir John Simon
Eden
Berlin
Adolf Hitler
Jerusalem
Also Mentioned on This Page
Central Bank
Raamsay MacDonald
Railway Board
Ontario
Monsieur Lumiere
Academie Des Sciences
Paris
M. Lumiere
King George
North
Porcelain Archives
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