Canadian Pacific shareholders approve debenture issue at annual meeting
At the Canadian Pacific Railway annual meeting in Montreal on May 3, shareholders approved an additional issue of consolidated debentures to liquidate short term loans and other maturing obligations. E W Beatty and fellow directors were re elected to four year terms. Beatty voiced cautious optimism about future conditions and reviewed 1932 operations noting strong assets, a conservative financial structure, and a steady operating ratio amid traffic declines.
MENTIONED IN THIS ARTICLE
Montreal
Canadian Pacific Railway
E. W. Beatty
Lord Shaughnessy
F. L. Beique
W. A. Black
Oehitreal
Canadian Pacific
K. W
Imperial
Dominion
United States
Wall Street Seethes Over U.S. Bond Gold Payment Stance
London reports a published note describing the American refusal to pay interest in gold on bonds held abroad as a breach of contract. A leading banker warned it would be unfair to redeem in gold for U.S. nationals or foreign holders, citing past currency suspensions.
MENTIONED IN THIS ARTICLE
New York
London
United States
Gol
Beauharnois Crisis Pushes for Dominion Control and Currency Move
Ottawa reports say Beauharnois has become a flashpoint as opposition MPs accuse Sir Herbert Holt of seeking control of the St. Lawrence project. Proponents urge expropriation and public utility development funded by currency-protected stock, while Premier Bennett defers a firm stance.
MENTIONED IN THIS ARTICLE
Ottawa
Beauharnois
Herbert Holt
Montreal
St. Lawrence
B. J. Garland
Robert Foliner
Woodsworth
Beauharnois Power and Navigation
Sp Ec
Montreal Light, Heat and Power Company
Armand Lavergne
Province of
Quebec
Gardiner
Garland
Ernest Lapointe
Dominion
Ontario
Niagara
Dominion Ap
De Valera's Bill Abolishing Oath Clears Dal Eireann
Dublin May 3 The bill abolishing the oath of allegiance to the British crown passed final reading in the Dail by 76 to 56. The governor general's signature remains and is expected to seal the measure into law.
MENTIONED IN THIS ARTICLE
Dublin
de ‘Valera
Dal Eireann
Lightning kills two children near Hilton Village Ontario
Two seven year olds Holland Somerville and Ellen Grills were killed when struck by lightning as they walked home from school in a rainstorm near Hilton Village Peterborough. Elmer Grills, six, was knocked down but survived to tell his mother of Ellen and Holland's deaths.
MENTIONED IN THIS ARTICLE
Peterborough
Ont
Hilton Village
Holland Somerville
Robert Somerville
Ellen Grills
Ekel Grills
Elmer Grills
Ellen
Fillen
Holland
Peg Pound At 4.60 Peg Pound At 4.60
Ottawa reports steps, possibly before week end, to start a stabilization fund for agricultural products. The plan aims to peg the pound sterling at 4.60 and reimburse Canadian exporters for the difference between current value and target, aiding meats poultry fish tobacco cheese milk canned goods eggs and honey.
MENTIONED IN THIS ARTICLE
Ottawa
South Dakota Treasure Hunt Draws Money Seekers
May 2 Pierre South Dakota reports a fresh gold rush after $9 360 in cash was found at the Verne Sanky ranch near Chamberlain linked to the Boettcher ransom case. Claimants dig for more money while Governor Tom Berry notes they may have unearthed land suitable for profitable wheat farming.
MENTIONED IN THIS ARTICLE
Tom Berry
Work Started At Drumheller Mine
Maple Leaf Minerals mine at Lehigh operated on Monday and Tuesday despite a picket by East Coulee miners on Tuesday morning. A small crew worked as RCMP arrived and the picket dispersed. The day wage schedule under the United Mine Workers of America new agreement is in effect, but the ballot did not settle whether workers accept the reduced schedule. Wayne remains quiet while other mines continue coal output under current orders.
MENTIONED IN THIS ARTICLE
Wayne
Premier MacDonald Pleased By White House Talks
Southampton May 3 Premier MacDonald expressed strong satisfaction after discussions with President Roosevelt on economic policy and future cooperation. The visit highlighted joint aims amid ongoing recovery efforts and transatlantic diplomacy.
MENTIONED IN THIS ARTICLE
Southampton
MacDonald
Roosevelt
Program of Music and Dramatic School Festa
Festival program outlines morning to evening events with multiple age groups and medals. Competitions span solo vocal, choral, dramatization, and recitation across Rural Town Separate and City schools, culminating in a grand concert at Empress Theatre and city venues in Toronto.
MENTIONED IN THIS ARTICLE
Program of Music and Dramatic
Festa
Music and Dramatic School
J. P. Marsh
Drv Arne
Maple Leaf Milling Co
Lakes of the Woods Milling Co
Mac Charles
Will
Knights of Columbus
Guy Schol
Baby Dear
S.G.E
Flowers
Ball
C.F
Woodpecker
S. BE
Oberon
Fairyland
Mary
Medicine Hat
Canadian Legion
Pilgrims' Chorus
Empress Theatre
City Hall
Ogilvie
Bullivant
Toronto ST
Moose
Lodge
Medicine Hat Greenhouses
Crystal Dairy
Notable Local Death and Health Notes From Redcliff
Mr. Tony Dominick was found dead in an out house of Wm Kendrot on Fifth street after living in Redcliff since 1912. He worked at the Rolling Mills and then for the CPR before ill health confined him to stay with Mr Kendrot since the new year. Mrs. Sidney Harper was taken to Medicine Hat Hospital for appendicitis. Mr. Miles Gillbank was hospitalized in Medicine Hat for internal complications. A minor softball game occurred between the Red Caps and the Imperials with no official score recorded.
MENTIONED IN THIS ARTICLE
Sidney Harper
Medicine Hat
E. Martin
Tony Dominick
Wm. Kendrot
Fifth Street
Dominick
C.P.R
Kondrot
Lithuania
Canada
George
Brazil
Miles Gillbank
Ant
Red Caps
Imperials
Tariff Diehards Oppose Treaties In London
London reports tariff diehards oppose new Anglo Argentine trade treaties with Argentina Denmark and Germany. Cabinet summoned over domestic business as critics threaten a vote of confidence. J Roy Stewart, 42, famed pioneer movie actor, dies in Los Angeles after a heart attack.
MENTIONED IN THIS ARTICLE
London
Denmark
Germany
J. Roy Stewart
Los Angeles
Bessborou ghs to Visit Peace River
Their Excellencies the Earl and Countess of Bessborough will arrive in Edmonton on August 10 and spend a day and a half before proceeding to the Peace River territory, continuing a visit postponed last autumn due to Parliament's summons.
MENTIONED IN THIS ARTICLE
Edmonton
Peace River
Earl and Countess of
Bessborough
J. E. Brownlee
Arthur Lascelles
Finding Against Judge L. Stubbs
Winnipeg May 3 The Winnipeg Free Press publishes official information from Ottawa that Secretary of State Cahan has completed a report to the cabinet finding against Judge L. St. G. Stubbs of the Winnipeg county court. This is regarded as fore shadowing beyond any reasonable doubt the recast a the judiciany.
MENTIONED IN THIS ARTICLE
Winnipeg
Winnipeg Free Press Today
Ottawa
Cahan
L. St. G. Stubbs
US moves to pay Liberty bonds in paper not gold
Washington reports there will be no gold payments for interest on Liberty bonds held abroad, with payments issued in paper and treated like domestic holdings. London papers condemn the change as a breach of contract, while New York bankers face bondholders seeking gold payments amid a strong dollar discount against gold.
MENTIONED IN THIS ARTICLE
Washington
United States
London
Financial Times
The
Morning Post
Post
America
French plan 15 percent surtax on American goods
In Paris on May 3 the Ministry of Finance readies a 15 per cent surtax on American goods, to take effect as the dollar nears 20 francs. British and Japanese goods already face a surtax from exchange depreciation. French holders of American gold bonds urge a Washington protest over coupon payments in gold. The press notes the government may intervene and that French bonds in the U S are paid in gold as agreed.
MENTIONED IN THIS ARTICLE
Paris
Ministry of Finance
United States
Washington
Park Superintendent Faces Theft and Forgery Charges
Lethbridge, May 2. Bob Lang, city park superintendent, was arrested on theft and forgery charges from the city treasury. About forty charges are alleged, spanning two and a half years. He allegedly used a real man’s payroll name and a forged order to cash checks for himself.
MENTIONED IN THIS ARTICLE
Lethbridge
Bob Lang
Inflation Approved by House in Roosevelt Currency Plan
The House of Representatives approved the administration inflation program mirroring the Senate. The vote was 307 to 86, granting the President wide powers including issuing United States notes and altering the gold and silver dollar contents. The plan allows the Fed to buy 3.0 billion in government bonds and to accept 200 million in silver from foreign war debtors.
MENTIONED IN THIS ARTICLE
Washington
House of Representatives
Senate
House
Roosevelt
Pivea
Federal
United States
Tornado Toll Rises with Multistate Damage
Damage from weekend tornadoes across four Mississippi River valley states soars into the millions as Louisiana Mississippi Arkansas and Illinois seek recovery. More than fifty people killed and at least five hundred injured as thousands lose homes.
MENTIONED IN THIS ARTICLE
Mississippi
Louisiana
Arkansas
Illinois
New York
Coal Combine in Canada Working to Detriment of Consumer Says M'Gregor
Ottawa May 3. F A McGregor reports a coal combine operating in Canada hurts consumers of Welsh and Rootes anthracite. The inquiry names Canadian Coal Import Company and subsidiaries plus related firms and notes profits and officer salaries. Government to pursue action to curb the combine.
MENTIONED IN THIS ARTICLE
Canada
M’gregor
Ottawa
Montreal
Quebec
W. A. Gordon
F. A. McGregor
Minister of Mines
McGregor
Canadian Coal Import
St. Lawrence
Ain
Weaver-Co Company
Also Mentioned on This Page
Beatty
Fort William
Wall Street
Wroth
ENTS
DE Valera
S. Bill
South Dakota
Drumheller Mine
R.C.M.P
Jérome Factor
John
Jake the Fr) Factor
Chicago
Bella Factor
Redcliff
Argentine
Bessboroughs
L. Stubbs
Winnipeg Free Press
Europe
France
Park
U.S.A. House