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This newspaper page contains 3 articles. Subscribers can read the full text of each article.
Newspaper
Macgregor Herald
Location
Macgregor, Manitoba, Canada
Date
Aug 26, 1898
Page
4
A historical piece argues that government promissory notes and bank deposits shape the money supply. It contends that cheap money drives high prices only through circulating purchasing power, while banks profit by hoarding Dominion currency and manipulating credit to raise interest.
The piece questions paper money value versus metal, argues for government control of currency, and notes Laurier's Winnipeg visit. It recalls rumors of Laurier after Rat Portage and Sifton, and critiques elevator dirt testing in wheat with per hundred pounds measures amid farmer complaints.
The Ottawa Letter discusses a recent press corps trip to western Canada and Manitoba, praising government hospitality and noting rising Western interest. It covers increased immigration prospects, administrative appointments, and the Yukon revenue surge, highlighting improved land agency settlements and higher cash receipts. The piece stresses cross border perceptions and public response to Canadian policies.
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