09 May 1933
Page 1
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Newspaper
Medicine Hat News
Location
Medicine Hat, Alberta, Canada
Date
May 09, 1933
Page
1
Analysis of the world price of gold priced at $20.67 per ounce explains the parities between British and American standards, coinage fineness, and exchange rates. It covers sovereign weights, gold content, and the impact of potential shifts off the gold standard on gold value and premiums.
The Bennett administration plans abolition of the currency dumping duty on British goods. From now on the British pound will be used at face value when calculating duties on imports into Canada. The change shifts away from the previous valuation method.
The government kept a high arbitrary price to raise the duty for Canadian consumers while shielding Canadian manufacturers. This extra duty surpassed the standard Canadian customs schedule. Removing the currency based dumping duty aims to ease British imports to Canada and help sell Canadian goods in Great Britain. public pressure forced its removal after a long stand. The Winnipeg Tribune criticizes the policy as unjustified over the past year.
The Dominion Department of Agriculture advises keeping surface soil loose after rain to retain moisture in the bed. Water roses thoroughly at intervals, not daily, and spray foliage on dry days to prevent insects. Spray late afternoon or early morning to avoid leaf scorch. Apply well rotted barnyard manure in autumn or spring to keep beds rich.
An analysis of Canadian National and Canadian Pacific railways, comparing operating ratios, traffic density, and volumes. It notes CPR's higher traffic, CN's 1923–1929 improvement, and calls for study of railway efficiency and government role, with references to page seven.
The piece argues postwar size drives failed as amalgamations often misspend resources. It warns amalgamation should not be forced and only works when efficiency remains with homogeneous interests. forcing it can ruin industries.
The Royal Mounted Police expand to 359 automobiles 27 motorcycles 13 trucks 101 boats and 445 dogsleds as provinces hand policing to the federal force. Airplanes are being added and the force grows to 2,500 officers. The era of horses fades and the old motto may give way to a truckload of evidence.
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