Abbott Budget Sparks Luxuries and Soft Drinks Price Hikes
Canadian business leaders anticipate tax increases will be absorbed by the public with little resistance though soft drink makers warn of a 30 percent excise on bottled sodas as a serious blow. Pepsi Cola Canada and Orange Crush report price boosts from five to six or seven cents per bottle, while candy bars may rise from seven to ten cents.
MENTIONED IN THIS ARTICLE
Canadian Manufacturers Association
Canadian Chamber of Commerce
Abbott
E. P. Fox
Montreal
Pepsi- Cola Company of Canada, Ltd
G. E. Mitchell
Orange Crush Company
Toronto
Quebec
Alberta
British Columbia
Reds Weathering New Push As Allied Guns Fire
Allied reports say North Korean attacks waned under rain and artillery while Gen MacArthur HQ warned 150,000 Reds could mount a fresh offensive. Taegu remained safe though forces pressed toward the Sea of Japan and Masan faced civilian evacuations amid red buildup.
MENTIONED IN THIS ARTICLE
OKYO
United States
eighth army
Korea
Associated Press
Jack MacBeth
TAEGU
Sea of Japan
Pusan
MASAN
Stan Swinton
Golden City musical at Adelphi London drew tepid reception
The Adelphi Theatre staged Golden City by John Tore, a 29 year old author composer from South Africa. Audiences hoped to see the creator bow, while the music was praised as tuneful and exhilarating though the libretto drew less praise. The Daily Graphic called the evening restful in a postwar London.
MENTIONED IN THIS ARTICLE
Adelphi Teatre
London
the
Daily Graphic
all England
Golden City
John Tore
azed
South Africa
Cattle dealer killed in crossing crash near Seven Persons
A level crossing accident three miles west of Seven Persons overnight killed cattle dealer Charles E. McLean, 53, of Lethbridge, at Medicine Hat hospital around 4 am today. The victim, a local cattle dealer, was identified by police and the inquest awaited.
MENTIONED IN THIS ARTICLE
Medicine Hat
Charles E. McLean
Lethbridge
McLean
Canada’s bridges cannot bear heavy tanks says Claxton
Ottawa report notes Defence Minister Claxton told Parliament that heavy tanks pose a major risk for Canada as bridges are unable to support their weight. The remark highlights a national infrastructure constraint affecting armored warfare plans.
MENTIONED IN THIS ARTICLE
OTTAWA
Canada
Claxton
Eastern delegates arrive for Banff Chamber convention in Medicine Hat
By Jim Brooke Herald staff reporter with Chamber of Commerce Special Train sees eastern delegates pull in to Medicine Hat on two trains. They greet local Chamber officials including Fred King and E R McFarland. R A Bryce of the Canadian Chamber calls the 5 percent corporate tax rise not too bad, praising inflation safeguards and improved industrial coordination since 1940. He notes credit restrictions may curb inflation from the Korean War and cites better management labor relations today.
MENTIONED IN THIS ARTICLE
JIM BROOKE
Herald
Chamber of Commerce
Banff
Medicine Hat
Finance
Abbott
Lethbridge Chamber of Commerce
Fred King
H. G. Long
Harry Hutchinson
E. R. McFarland
R. A. Bryce
Canadian Chamber of Commerce
Bryce
Delegation Arrives in Lethbridge for Banff Meeting
About 250 delegates to the annual Canadian Chamber of Commerce meeting traveled by two special trains from Medicine Hat to Lethbridge arriving at 2:45 and 3:05 pm. The group visited the St Mary River dam to witness R A Bryce of Montreal and Toronto inducted as honorary chief of the Blood Indian tribe before a reception at the Flying Club and departure at midnight for Banff for a three day convention beginning Monday September 11.
MENTIONED IN THIS ARTICLE
Banff
Lethbridge
St. Maryham
Flying Club
Chamber of Commerce
Medicine Hat
St. Mary River
R. A. Bryce
Montreal
Toronto
Canadian Chamber of Commerce
dam
Cave in traps 128 Scottish miners at Knockshinnoch
Rescue teams fight to open an escape tunnel for 128 miners trapped 70 feet down at Knockshinnoch Castle Colliery near Glasgow. A foot-ball field sized mudslide blocked exits while rescuers cleared gas, dammed flows, and maintained telephonic contact. Eight escaped. one rescuer reported oozing sludge near the shaft.
MENTIONED IN THIS ARTICLE
NEW CUMNOCK
Scotland
Knockshinnoch Castle
Glasgow
John Stevenson
Wheat Board Sets 12 Bushels Per Acre Delivery Quota
Winnipeg dated Sept 8 the Canadian Wheat Board announced a delivery quota of 12 bushels per seeded acre on wheat oats and barter from the 1930 51 crop for 61 prairie grain delivery points effective immediately the quota list includes Manitoba Saskatchewan Alberta with towns such as Boniface Wine nipes Gilroy Lawson and many others across the prairies and Alberta.
MENTIONED IN THIS ARTICLE
WINNIPEG
Canadian Wheat Board
Manitoba
St. Boniface
Winenipes
Sackatchoewan
Gilroy
Lawson
Riverhurst
Alberta
Aldersyde
Allingham
Armada
Arrowwood
Barom
Bradshaw
Brant
Brocket
Broxburn
Cardston
Carman
Ottawa BUDGET Taxes Readied for Immediate Change
Ottawa date Sept 8 1950 Finance Minister Abbott announces new tax measures effective immediately or retroactive to September 1 1950 including a five percent income tax increase a 30 percent tax on soft drinks candy and chewing gum a 50 cent per pound tax on carbonic acid used in fountain drinks a five percent rise in excise taxes on motor cars tires and semi luxury goods a 15 percent excise tax on electrical and other household appliances and liquor and beer hikes.
MENTIONED IN THIS ARTICLE
OTTAWA
Abbott
Budget Highlights Include Tax Increases Across Several Sectors
Personal income taxes stay the same while corporate levies rise five percent retroactive to Sept 1 1950 Liquor and malt taxes climb to 12 per proof gallon and 21 cents per pound respectively New 30 percent levies apply to soft drinks candy and gum carbonic acid gas and many excise taxes rise to 15 percent on cars tires appliances motorcycles firearms sporting gear and similar items The eight percent sales tax remains unchanged No excess profits or tobacco tax increases Surplus expected at 15 million with total revenues around 2.669 billion and expenditures at 2.654 billion for the current year Yield from new taxes projected at 58.9 million for the remainder of the year and 189.5 million for a full year.
Little Man Held In Reserve By Abbott
Ottawa reports that Finance Minister Abbott will not raise the personal income tax now, a postponement seen as postponing the sentence of higher costs. He cites living costs and aims to avoid discouraging production. Tax hikes loom on liquor beer gum chocolate and soft drinks, about five percent overall.
MENTIONED IN THIS ARTICLE
OTTAWA
Finance
Abbott
Mr. Abbott
Coin Phrase Highlighted as Hill of Difficulty in Budget Speech
Ottawa reports Finance Minister Abbott used the line hill of difficulty on the path to peace to describe the international situation in his budget speech last night. The remark frames current global tensions as a challenging route toward resolving conflicts.
MENTIONED IN THIS ARTICLE
OTTAWA
Abbott
Stop-gap Canadian budget raises taxes in war era
Finance Minister Abbott unveiled a stop-gap budget amid war fears that raises taxes on corporate incomes liquor beer soft drinks candy gum and semi luxury goods at manufacturing and importing levels while sparing electric stoves washing machines and refrigerators and leaving personal income taxes unchanged. The plan signals potential further levies in the near future as details await on Page 10.
MENTIONED IN THIS ARTICLE
UAWA
Abbott
Airliner Catches Fire and Crashes Near Rio Airport
Reports say a passenger twin engined DC-3 caught fire while landing and crashed into the sea near Rio de Janeiro airport. In Ottawa, Commons vote 142 to 43 defeated a move to block a 850 million defence appropriation bill amid government defence committee dispute. Canada to add four North Stars and personnel to Tokyo airlift, with deployment to McChord Field before month end. Transport seeks contact with Otis Hallock about a wrecked plane stored at Lethbridge. licence pending. Alberta Liquor prices to rise will follow tax changes though no immediate rise. Truman signs bill to grant monthly allowances of 45 to 85 dollars to enlisted servicemen as retroactive aid.
MENTIONED IN THIS ARTICLE
RIO
RIO DE JANEIRO
Kenter
OTTAWA
commons
commons defence committee
Liberals
Social Credit
TOKYO
air force
Canada
A. D. Rossani
McChord Field
Wash
U.S
WASHINGTON
Truman
sizgadd & bill
Also Mentioned on This Page
SOUTH ALBERTA
Lloyd Knight
Herald Engraving
ial
Reds
DOUGLAS ABBOTT
Dominion
C. E. McLean
Hawaii
WELCOME C.C.C
eastern
KKikkx
gay
Champion
Charboneau
Chin
Coaldale
Coalhurst
Craddock
Cranford
Orwetield
Daysland
Diamond City
Easing
Fort Saskatchewan
Glenwood
Granum
Killam
Kirkcaldy
Macleod
Magrath
Monarch
Morrin
Paradise Valley
Nanton
Nodbleford
Peacock Siding
Peigan
Picture Butte
Raymond
Rocky Mountain House
Rosemary
Seven Persons
Stirling
Sonnyhope
Taylor Siding
Tempest
Tilley
Torrington
Volcan
LITTLE MAN
Frank
Lile
ABBOTTS
EDMONTON
department of transport
Otis Hallock
Vancouver
Hallock
ALTA
MASON
A. J. Mason
Alberta Liquor Control Board
sak
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