Parliament clears decks as Easter vacation begins and policy debate rages
In Ottawa MPs and senators wrap up a long session with late night votes on supplementary spending of 324.9 million and 583.6 million for April while Agriculture Minister Greene faces sharp questions on farm policy. A new dairy policy promises 475 per hundredweight for manufacturing milk amid broader spending talks.
MENTIONED IN THIS ARTICLE
the Commons
Greene
Gordon Churchill
Winnipeg South Centre
The
Defence Department
Assent Given to New Bank Act After Lengthy Passage
Ottawa reports royal assent to a redesigned Bank Act after eight months in Commons and Senate. The act aims to boost competition among chartered banks and between them and trust and loan companies and will take effect by proclamation likely between April 1 and May 1. Banks prepare to adjust accounting systems for new reserve and liability reporting rules while Mercantile Bank of Canada ownership terms prompt debate.
MENTIONED IN THIS ARTICLE
Ottawa
Commons
Senate
Finance Department
Finance
Soule
Mercantile Bank of Canada
Edmonton Dome Non Events Mark Quiet Legislature Day
The Alberta legislature sat with no questions during the daily period as the House completed committee work on estimates and began earnest study of the Municipal Act. Auditor and treasury officials faced queries, but opposition and government members stayed mute amid tense apathy.
MENTIONED IN THIS ARTICLE
Edmonton
House
A. J. Hooke
Albesta
Esis
Public Accounts Committee
Treasury
Garth Turcott
NDP
Pincher Creek
Crow’s Nest
Turcott
A. O. Aalborg
Treasury Branch
Dairy farmers win price boost under new federal policy
Ottawa reports a new dairy policy raises at factory milk return to 4.75 per hundredweight from April 1, boosting butter price by two cents and enabling processors to pay farmers more. The plan includes a 63 cent butter buying price, higher skim milk powder price, and a $1.21 per hundredweight subsidy to farmers to reach the 4.75 target, plus a quota system for manufacturing milk shipments.
MENTIONED IN THIS ARTICLE
Ottawa
Quebec
Ontario
Canadian Dairy Commission
Dairy Commission
Treasury
Canada
Southern Alberta Industrial Growth Seen With Confidence
Industrial expert John Ferguson from Alberta’s Industry and Development says Southern Alberta could become a future industrial hub and compete with Calgary. He urges local investment and resource publicity, noting the region’s strong retail base and favorable Medicine Hat location for attracting new industries.
MENTIONED IN THIS ARTICLE
Alberta
Calgary
Chamber of Commerce Freight Yates
Medicine Hat
John Ferguson
Department of Industry and Development
Eipene
Ferguson
Winnipeg
Edmonton
Shaw indicted in JFK assassination case by grand jury
A New Orleans grand jury indicted Clay L Shaw on conspiring to murder President John F. Kennedy. Shaw, 54, plans to hide on the Mississippi Gulf coast with District Attorney Jim Garrison's approval. He has been free on a $10,000 bond since March 1 after a March arrest.
MENTIONED IN THIS ARTICLE
New Orleans
Clay L. Shaw
John F. Kennedy
Shaw
Mississippi Gulf Coast
Jim Garrison
International Trade Mart
Garrison
NATO base spy ring alleged by Italian parachutist
Italian parachutist Giorgio Rinaldi told authorities that as many as 300 NATO employees worldwide, civilians and military, are involved in a Soviet spy ring being built at NATO bases in Europe and the Mediterranean. He and his wife were questioned for hours and charged with spying. among the alleged participants are named NATO officers and other individuals. Yuri Pavlenko, a Soviet attache, reportedly left Italy for Moscow with family after being caught with papers and microfilms near Rome.
MENTIONED IN THIS ARTICLE
Rome
North Atlantic Treaty Organization
NATO
Europe
Giorgio Rinaldi
Angéla Maria
Turin
Guido ‘Netti
Modena
Soviet Union
Greece
Cyprus
Switzerland
Spain
Netti-Modoria
Italian Defence Ministry
Mediterranean
Rinaldi
Rinaldis
Yuri Pavienko
Moscow
Pavlenko
Curse of the Crow's Nest Pass Rates, CPR Official Says
Bill Carstens CPR Vancouver Assistant Freight Rates Manager told Medicine Hat Chamber of Commerce the 1897 Crow's Nest Pass Rates agreement blocks lowering freight rates. He cited a $3,000,000 subsidy for track work and a required three cent per ton rate cut, leading to higher rates elsewhere. He called the arrangement the railway's curse and urged a national policy to curb losses and explore new rate structures.
MENTIONED IN THIS ARTICLE
Canadian Pacific Railway
Vancouver
Bill Carstens
Carstens
CPR
Medicine Hat
Chamber of Commerce
Lethbridge
Nelson
B.C
Fort William
Port Arthur
Churchill
Crow's Nest
Mr. Carstens
Also Mentioned on This Page
Chuck Meagher
N. Railway St
Parliament
Little
Acture
Ralph Cowan
Ed Schreyer
Springfield
First National City Bank of
New York
Mercantile
Citibank
Wallace McCutcheon
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