Canada Bond Trading Halted on London Exchange Over Tax Plan
London and Toronto reports say Canadian bonds including government provincial and municipal issues were suspended on the London Stock Exchange amid a proposed five percent tax on interest to nonresidents. Canadian officials, bankers, and investors voiced concern, while Ottawa insisted contracts would be honored and no tax imposed.
MENTIONED IN THIS ARTICLE
London
Mar
The
Stock Exchange
Canada
England
Thanes
Dominion
Torento
London Stock Exchange
D.g. Weir
Investment Bankers Association
Great Britain
Europe
United States
Col. Weir
Ottawa
H. Rhodes
Dominion of Canada
World Economic Conference Talks Highlight Early Date
Prime Minister Ramsay MacDonald and U S ambassador Norman H Davis discuss forming a world economic conference with six weeks notice, aiming for late May. Debts and disarmament are not on the agenda. Mussolini sends Finance Minister Jung to London to discuss preparations with Neville Chamberlain.
MENTIONED IN THIS ARTICLE
Sfondon
Mar
Ramsay MacDonald
Norman H. Davis
United States
Davis
London
MacDonald
Washington
John Simon
Europe
Rome
Mussolini
Jung
Nevile Chamberlain
U S Plans Overhaul of National Defense System
Major General Benjamin D. Fouilis urged the House military committee to halt battleship construction until the U S overhauls its national defense system He spoke from Washington March 31 under the Canadian Press summary Fair and cooler conditions with a temperature of 58 36 degrees.
MENTIONED IN THIS ARTICLE
Washington
House’ Military Committee
Benj. D. Foulis
Army Air Corpse
Tornado Toll Tops 21 Dead in Louisiana and Texas
Tornadoes and electrical storms swept four southern states, killing 21 in Texas and Louisiana and injuring hundreds. Mount Holly Shelbyville Lindale and Huntington suffered heavy losses with unconfirmed listings. Hall Summit killed six. Damaged lines hindered rescues as hospitals strained.
MENTIONED IN THIS ARTICLE
New Orleans
Texas
Mississippi
Louisiana
South Arkansas
New York
Arkansas
Mount Holley
Ark
Shelbyville
Huntington
Lindale
Tex
Floyd Boyd
Jessie Vail
Ed Passmore
Ben Graves
Loyell Shaw
Luella Wimbrey
Negress
Coushatta
Hall Summit
Centre
San Augustine
el Dorado
Oil
No Relief Work Debate In Ottawa Senate Review
In Ottawa the government leader Senator Arthur Meighen told the Senate the relief measure passed by the Commons was costly and ineffectual for current unemployment. He outlined large sums spent on relief and provincial aid, with unsettled repayment and funding questions. He contrasted western generosity with eastern needs.
MENTIONED IN THIS ARTICLE
Ottawa
Arthur Meighen
Senate
Commons
Meighen
Horsey
Medghen
Sir Edmond Ovey Leaves Russia for England
British Ambassador Sir Edmond Ovey departed Moscow for London amid rumors he may not return in his official capacity. He will report to the British Government on the arrest of six British subjects on sabotage charges tied to electrical projects. The Russian Foreign Office did not attend the station gathering.
MENTIONED IN THIS ARTICLE
Moscow
Edmond Ovey
Russia
London
Edmond
Nazis Storm Troopers Clear Berlin Courts of Jewish Judges
Berlin and other cities brace for a nationwide anti Jewish boycott set to begin Saturday at 10 AM. Nazi storm troopers ousted Jewish judges and attorneys including Chief Justice Kurt Soelling. Photographers will document patrons of Jewish stores and names will appear in newspapers.
MENTIONED IN THIS ARTICLE
Herlin
Mar
Alge
Berlin
Tesa
Kurt Soelling
Chemnitz
Newspata Papite
Buslc
Boyott
Aneriff
Joseph Goebbels
Angriff
Germany
Preview of National Park films at Corona Hall
Fish and Game Association hosts a ladies and children preview at Corona Hall Saturday at 10 30 am funded by Mr J C Campbell with a silver collection at the door. An annual meeting follows at City Hall tomorrow at 2 pm with a smoker and film show at Corona Hall at 9 pm highlighting wildlife scenery.
MENTIONED IN THIS ARTICLE
J.C. Campbell
Fish and Game Association
National Park
Corona Hall
Medicine Hat Fish and Game Association
City Hall
Wille
Churchill Port Charges Become Effective This Season
Ottawa reports that the minimum port charges will apply to vessels entering Churchill during the current year. The government is expected to implement the charges to test the port under present conditions, aligning Churchill with other Canadian ocean ports.
MENTIONED IN THIS ARTICLE
Ottawa
Churchill
Liggett Drug Co In Bankruptcy
A voluntary petition in bankruptcy was filed in federal court today for the Louis K. Liggett Company, which runs 450 retail drug stores in 35 states. In Toronto, Liggett's Limited says its 41 Canadian stores will not be affected as it is a different company.
MENTIONED IN THIS ARTICLE
New York
Louis K. Ligget Company
Toronto
Louis K. Liggett Company
United States
Liggett's Limited
Canada
George Wilson
Cannibalism in Russia Letter Details Grim Hunger
A letter from a sister-in-law in Russia describes extreme famine, sky high prices for basic foods, and reports of cannibalism in Russian colonies. It asks Mr. C. Dickhaut for aid including water, dollars, and clothes as famine drags on and families die.
MENTIONED IN THIS ARTICLE
C. Dickhaut
Balmoral St
Russia
Senate probes J. P. Morgan and Company records
U S Senate banking committee moves to compel access to Morgan records as part of a broad stock and bond market inquiry. Ferdinand Pecora reports 23 questions were answered 15 with seven refused on capital structure. Legislation to regulate security issuance advances in parallel.
MENTIONED IN THIS ARTICLE
Washington
United States Senate
J. P. Morgan and Company
Senate
Roosevelt
Banking Committee of
Interstate Commerce Committee of the
House
Morgan
Ferdinand Pecora
Banking House
John W. Davis
Pecora
Plane Crash Kills Winnipeg Toilers Team in Neodesha
A tri motor plane carrying Canada's champion Winnipeg Toilers basketball team crashed near Neodesha Kansas. Six died including pilot A H Hakes and co pilot HE Egges and several team members with eight seriously injured. The team had been in Tulsa Oklahoma to play the Oilers.
MENTIONED IN THIS ARTICLE
Neodesha
Kansas
Winnipeg Toilers
Canada
Winnipeg
Tulsa Okia
Oilers
Tulsa
Oklo
Minneapolis
Winnipeg Mollers
H. ‘Hakes
Egges
Joe Dodds
Mike
Shea
Silverthorne
O’brien
Hakes
Soves
Sin Winniao
Toilers
W. A. Aldritt
Aldritt
Alberta Legislature Debates Bond Payouts and District Courts
Premier Brownlee argues Canadian bondholders should receive 100 cents on the dollar, opposing premiums. Calgary MLAs discuss savings certificates and British loan remarks. A bill to create two district courts splits Northern and Southern Alberta, naming provisional judges and jurisdictions. continuation noted.
MENTIONED IN THIS ARTICLE
Edmonton
Brownlee
F. J. White
Calgary
U.S
Beligved
Alberta
Een
George H. Webster
Liberal
Ce D. M. Duggan
Hugh J. Montgomery
Wetaskiwin
Red Deer
Dstrict Court
Sugar elevators planned at Raymond to store beet sugar
Raymond Alta March 31 Sugar will be stored in elevators like grain as the first Canadian site to do so. Canadian Sugar Factories Ltd to build four elevators at 50 000 dollars total for storing Raymond area beet sugar. Each tower will be 30 feet in diameter and 125 feet high with local labor for construction. Target is to handle the 1933 sugar beet crop.
MENTIONED IN THIS ARTICLE
Raymond
Alta
Mar
Canada
Canadian Sugar Factories Ltd
Mussolini unveils six point peace pact plan for Europe
Paris reports Mussolini proposes a four power peace collaboration among Great Britain France Italy and Germany. The plan calls for League of Nations covenant adherence and a gradual German rearmament timetable tied to a renewable ten year accord.
MENTIONED IN THIS ARTICLE
Paris
Mussolini
Europe
Great Britain
France
Ialy
Germany
Italy
Germeny
Austria
Huthafgang
Fulgaria
Paweres
League of Nation
Britain closes fiscal year in deficit amid war debt doubts
London reports a deficit of £82,279,000 for the fiscal year as revenue totals £744,791,000 against £748,114,000 expenditures including war debt payments to the United States. Tax receipts lag budget forecasts while customs and excise miss estimates. hopes for tax cuts are downscaled amid unsettled debt policy.
MENTIONED IN THIS ARTICLE
London
Treasury
United States
Customs and Excise
Great Britain
Also Mentioned on This Page
Canada Securities
London Stnk Exchange
Britain
Rhodes
Bennett
Sir Edmond Ovey
Fish
Liggett Drug CO
Big J. P. Morgan Firm
U.S. Senate
J. H. O'Brien
Allan C. Sampson
Lauder
Phillips
al Silverthorne
Bruce Dodds
Hugh Penwarden
Ian Wooley
Andy Brown
Mike Shea
Winnipeg ‘Fride ‘Press
Parsons Alho
Siiverthorne
District Court
Ee L. Crawford
Lucien Dubuc
W. A. D. Lees
J. J. Maharfy
W. A. MacDonald
J. A. Jackson
Lethbridge
E. P. McNeill
G. W. Green
Medi
Golia
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