Banking System of Canada to be Overhauled
Ottawa reports outline proposed reforms to Canada’s financial system including an industrial development bank to fill a mid to small business funding gap, a control mortgage bank for long term loans, an export credit bank, and a farm credit institution. Governor Towers notes bonds linked to the plan, while McGeer flags taxation driving private capital away.
MENTIONED IN THIS ARTICLE
QUAWA
Barcesa
Clark
Canada
Confederation
Ottawa
Industrial Development Bank
Graham Towers
Bank of Canada
Commons
Commons Banking Committee
Towers
Rocket guns go to sea after hammering Germany
Rocket weapons that had battered German bombers over England are mounted on British merchant ships. Bolted to decks, the guns shield convoys from raiders and have seen use near Britain's coast and in the Mediterranean. Britain claims priority in the weapon’s wartime development and announces its deployment at sea. Seamen grumble they received the guns late in the war when targets were scarce.
MENTIONED IN THIS ARTICLE
London
Germany
England
Britain
Mediterranean
Japan Worries As Tojo Warns On Grim War Situation
Premier Hideko Tojo told Japan's diet the empire faces grave battles that will decide its fate. Berlin Radio cites Tojo saying Americans mount stronger attacks based on material superiority and that danger is greater than before. The report notes widespread European destitution at the end of World War I.
MENTIONED IN THIS ARTICLE
London
Hideko Tojo
Japan
Berlin
Montgomery on Second Front and unity of Allied forces
In this interview aboard a special train in England General Montgomery speaks of a "second front" already underway through heavy bombing and Allied operations. He emphasizes leadership, mutual trust, and the goal of invading Germany after softening it with air and ground campaigns. He notes teamwork with American troops and railroading the German military mindset.
MENTIONED IN THIS ARTICLE
Montgomery
England
Germany
English Channel
Sir Bernard Law Montgomery
Monty
Fl Alamein
Tunisia
Italy
Sicily
Her
Birmingham
Peace in future through united policy not alliances
Col John Jacob Astor publisher of the Times of London says lasting peace depends on united great power policy not formal alliances. He urges Britain United States Russia and other Allies to maintain adequate force to deter surprise German aggression.
MENTIONED IN THIS ARTICLE
Washington
Col
John Jacob Astor
The
Times of London
Britain
United States
Russia
Col. Astor
Churchill Signals Renewed Allied Consultations on Atlantic Charter
In the House of Commons Prime Minister Churchill said there will be renewed consultation between the principal allies on applying the Atlantic Charter as the war changes phase. He did not specify whether this would involve a new meeting of the allied big three and noted clarifications will be needed on which territories the Charter applies to.
MENTIONED IN THIS ARTICLE
London
Chiureh- MH
Ted
House of Commons
Churchill
Daniel Lipson
Mr. Churchill
Synthetic Rubber Drive Wins Rush to Boost Ottawa Supply
Munitions Minister Howe told the commons that a race to build synthetic rubber production has been won to avert a shortage. The Polymer Corp plant at Sarnia now produces buna S rubber at 2,500 tons monthly and butyl rubber at 150 tons monthly, with buna S to 34,000 tons yearly by May and butyl to 4,000 tons yearly by July.
MENTIONED IN THIS ARTICLE
Ottawa
Howe
Polymer Corp
Sarnia
Ont
Hitler Uses Reserves On Balkan Front
London reports the Red Army's surge across the Dniester into pre war Romania has pushed Hitler to deploy a large share of strategic reserves to bolster the Balkan front. German divisions near the Swiss border or Siegfried Line are rushed southeast, risking the western front as the Carpathians and the Iron Gate pass become key bulwarks against a Russian advance.
MENTIONED IN THIS ARTICLE
London
Red Army
Dniester
Ruumania
Hitler
Balkan
Western
Europe
Hungary
Rumania
Bulgaria
Balkans
West
Poland
France
Low Countries
Swiss
Siegfried Line
Germany
Carpathian Mountains
Carpathians
Iron Gate
Danube
Belgrade
Bessarabia
Delivery Quota On Barley And Oats Is Raised
The Canadian wheat board raised delivery quotas on oats and barley to 15 bushels per seeded acre. It notes higher quotas may follow as country elevators move stocks. Yearly marketing of wheat, barley, oats, rye and flaxseed is expected at 526.0 million bushels, with 341.0 million marketed by March 17, about 65 percent of the estimate.
MENTIONED IN THIS ARTICLE
Winnipeg
Canadian Wheat Board
Birthday for Uncle Jack Miner Sparks Testimonial Day
Famed Kingsville citizen Uncle Jack Miner turns 79. Kingsville Chamber of Commerce debates April 10 as a province wide school holiday and a testimonial event. Proposals include a dinner and regional participation from Michigan and Ontario.
MENTIONED IN THIS ARTICLE
Kingsville
Ont
Jack Miner
Canada
Miner
Jack
Chamber of Commerce
Uncle Jack
Michigan
Ontario
Leaving the North Hundreds Of Americans Pass Through Edmonton
Edmonton officials report hundreds of American civilians passed through the city in the last three months heading home from northern projects. Canada’s CN and CPR railways move about 250 monthly travelers from Edmonton, mostly workers on Yukon, Northwest Territories, and Peace River operations. The Edmonton accommodation bureau notes the transient population has fallen about 90 percent over the past year.
MENTIONED IN THIS ARTICLE
Edmonton
Canadian National Railways
Canadian Pacific Railway
Yukon
North West Territories
Peace River
Noseless Flying Fortress Returns From Frankfurt Storm
A lone pilot managed to fly a noseless Flying Fortress home to Britain after a freak crash at Frankfurt. Three bombs from a second B 17 struck the plane but failed to explode. Snow and a 70 knot headwind battered the crew as blast debris filled the open nose. In England an accidental training explosion killed 29 US soldiers and wounded 8.
MENTIONED IN THIS ARTICLE
Britain
Frankfurt
London
United States
England
Also Mentioned on This Page
Banking System of
G. G. McGeer
Lid
Vancouver Burrard
Mr. Towers
Tojo
Stane
Churchill Club
Westminster Abbey
Lieut
W. V. MacLean
Toronto
G.C. P. Y. Davoud
Kingston
Edward W. Beattie
BUP
Ence
Atlantic Charter
Porther
Ochoarchill
First Canadian Army
We UF Ae
H. D G. Crerar
Eighth Army
Defence
Ralston
G. B. Howard
National Defence Headquarters
Howard
Inspection Board
United Kingdom
Balkan Front
H.M.C.S. Goderich
R.C.N.V.R
John J. Muir
Owen Sound
O.B.E
Alberta
Saskatchewan
Ducers
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