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Newspaper
Macgregor Herald
Location
Macgregor, Manitoba, Canada
Date
Apr 17, 1947
Page
2
A discussion on money as coins and bills issued by public authority and its value as a medium of exchange. The piece argues wealth comes from productive industrial enterprise, not hoarded cash, and warns that excessive saving or redistribution could undermine labor costs, capital, and future security programs.
Manitoba Power Commission emphasizes farm electrification as it serves over 200 communities. Since 1931 average power costs have fallen by over 50 percent, with higher consumption lowering rates further. Farmers and urban residents alike benefit from hydro expansion and Edison era progress.
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