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Newspaper
Miniota Herald
Location
Miniota, Manitoba, Canada
Date
Oct 21, 1931
Page
3
Ottawa patients gathered as Hon. Maurice Dupre spoke at the University of Ottawa on disarmament. He described Geneva conference aims for 1922. Dupre warned fear drives arms and outlined political and technical hurdles facing disarmament efforts.
Ottawa announces the Dominion government will not cover any excess freight charges for two wheat cargoes via Churchill this fall. The test shipments to the Canadian Co operative Wheat Producers were based on Fort William and Montreal rates, with no elevator fees levied at Churchill. Edmonton Chinese residents urge China to declare war on Japan and cable a resolution to Nanking and Canton.
Ottawa reports that two freighters hauling test grain from Port Churchill to Europe bolster the case for lower insurance rates on vessels using Hudson Straits. Captain Mouat notes minimal ice and says a Gyro compass and proper ballast ease passage. Churchill port facilities, with dredging done, could handle three or four ships simultaneously next year.
Alberta reports an operating deficit of 2 306 581 for the year ending March 31. Premier Brownlee notes the first annual deficit in several years, following a 1925 1930 surplus of 2 491 386. Special expenditures totaling about 604 000 include the 1930 election 160 000 freight on seed and relief to drought areas 57 000 and extra school grants 387 000.
A E Phipps of the Imperial Bank, after returning from Britain, says a large portion of the world may choose the pound over the dollar. His remark reflects a growing sentiment among prominent figures in Toronto about currency preference shifts.
McGill University awarded Rt. Hon. R. B. Bennett the degree of Doctor of Laws during a pomp filled convocation opening a three day reunion. The Prime Minister urged Canadians to face world troubles with confidence and boldness guiding national welfare.
The winter operations of Department of Marine vessels in the Hudson Straits area have ended. The ice-breaker N. B. McLean left for winter service in the St. Lawrence River. The Arcadia carrying the hydrographic survey party has sailed home.
Dr W W Swanson told the Kiwanis Club in Saskatoon that Canada would likely abandon the gold standard soon following Britain. He said the move would be temporary and that Canada would later return to gold. He praised British financiers and argued the pound sterling matters more to Canada than the US dollar.
The Ottawa Citizen reports a forecasted legislation proposal on campaign funds at the next session of parliament. It may come from a western Liberal or western Progressive figure, with aims to curb secrecy in election expenses. Separate from this, reports note a major typhoon left thirty dead and many missing in Japan, with earlier figures suggesting 200 missing in Oga Miye, Miyagi.
Niceto Alcala Zamora resigns as provisional head of Spain with his cabinet after six months in office. Manuel Azana, minister of war, succeeds him within hours. Street demonstrations erupt over church reform in the new republic, with bands singing the Red Flag and anti clerical slogans.
In Rome the Giornale Di Italia editorial voices Italy’s displeasure at Canada’s anti-dumping tariff on imports from depreciated currencies. It argues the lira remains on gold standard and exchange oscillations are brief, noting Canada’s import balance over three years favors Canadian goods.
Toronto West Presbytery pastors decide to donate portions of their salaries to Western Canada relief. Those earning 3000 dollars annually give ten percent for one year, while others below 3000 dollars contribute ten percent for six months. Lisbon reports Fritz Engler, a 30 year old sailor, sailed October 14 toward New York in an unsinkable rubber boat aiming for 70 days via the Canary Islands and Bahamas.
In Quebec Lord Rothermere, British peer and publisher, predicts Britain will not return sterling to par and will move to a gold standard. He cites peg at too high a rate and expects unemployment relief to continue shaping policy. He also sees Canada benefiting from a low dollar and contemplates another Canadian trip.
Montreal reports that Canadian Railways will cut round trip fares to 1.25 times the single fare for Christmas New Year and Easter holidays. Sale dates align with school holiday calendars. A certificate from the school head is required to obtain the reduced fare.
New York reports a gold outflow totaling 47.7624 million dollars boosting total losses since September 1 to about 568 million. The current estimate places U.S. gold reserves near 4.56 billion and France at about 2.5 billion, with France and the United States together controlling roughly three fifths of the world’s gold.
James A. Paul of Langham Saskatchewan is the first Canadian entrant again in the 1931 International Grain and Hay Show at Chicago. He is listed for oats and rye classes, with Canada’s top entry distinction earned last year as well. The show runs November 28 to December 5 at the Chicago stock yards. Scotland’s potato acreage rises by 5,000 acres from last year.
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