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Newspaper
Nelson Daily Miner
Location
Nelson, British Columbia, Canada
Date
May 15, 1901
Page
2
The Nelson Miner newspaper lists publishing details for daily and weekly editions, rates for carrier and mail delivery, and foreign options. It notes London office contact at 145 Fleet Street and lists agents Alexander and Heber for advertising and subscriptions.
A critical view questions Mr. Dunsmuirs rail loan plan as a business measure. It argues the proposed 4000 per mile loan payable after three years, with stock instead of cash, offers little real value and risks surrendering control of contracts and freight rates. The piece challenges the financial prudence and seeks a clear business justification from the financier.
Vancouver opinion denounces the loan bill as a gold brick and warns that the government must control rates. The piece argues nine tenths of railway costs must be raised by non-government financing and condemns attempts to issue first mortgage bonds under loan act constraints. It questions motives and notes political figures’ avoidance of financial details. It ends with consumer ads for Dr King’s New Discovery and Blue Ribbon Tea.
Washington reports from the President of the International Association of Machinists that 150000 metal workers in the United States plan a strike on the 20th inst to demand a nine hour day with no pay cut. Officers have been negotiating for voluntary concessions, marking an improvement over past eight hour campaigns in British Columbia.
The Oriental Commission continues gathering evidence with aim to hear every man on the Coast. There has been little word on the promised Mining Commission from a Federal Cabinet member, though mining information floods in over recent months. Ministers may have concluded that the in-basket of mining queries is overwhelming.
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