Bank of Canada reports ample gold reserves and note backing
Ottawa reports the Bank of Canada holds a gold reserve of 16.6 million and total assets of 254 million with notes backed by gold above statutory requirements. It notes past money issuance for construction cannot continue without borrowing on securities and lists Dominion securities totaling 149.9 million.
MENTIONED IN THIS ARTICLE
Ottawa
Bank of Canada
Feasks
United States
Dominion
Department of Fiance
Dominion Government
Department of Finance
MacDonald Defends White Paper as Peace Document
Prime Minister Ramsay MacDonald returns to duty amid cold and rumors of cabinet reshuffles. He defends the white paper as a peace document and outlines increased defence estimates while his health remains fragile despite reports of retirement.
MENTIONED IN THIS ARTICLE
London
Ramsay MacDonald
MacDonald
London May Disband Cadet Corps in Schools
The London education committee now controlled by Labour recommends disbanding the cadet corps in secondary schools. Governors receiving LCC aid are urged to align. After an intensive debate the committee argued cadet training offers little educational value and conflicts with the spirit of peace.
MENTIONED IN THIS ARTICLE
London
London County Council
L.C.C
Retiring Cartwright to Leave Railway Board
A. D. Cartwright secretary of the board of railway commissioners retires at month’s end after 15 years of service. Cartwright is the son of the late Sir Richard Cartwright former minister of trade and commerce in the Laurier government and was the secretary of the original board headed by the late Hon. A. G. Blair.
MENTIONED IN THIS ARTICLE
Ottawa
A. D. Cartwright
Board of Railway Commissioners
Cartwright
Richard Cartwright
Trade and Commerce
Laurier
A. G. Blair
Calgary jury awards Campbell damages in refinery plant explosion case
A Calgary jury awarded Fred A Campbell of Belseker 24555 for damages against Regal Oil and Refining Company after his injury in an explosion at the Belseker plant. Campbell had sued for 40339 and claimed the firm had been negligent.
MENTIONED IN THIS ARTICLE
Calgary
Fred A. Campbell
Belseker
Regal Oi and Refining Company
Campbell
Vancouver seeks two year bond interest suspension plan
Mayor G G McGeer urged British Columbia and Ottawa to allow Vancouver to suspend more than 3 percent interest on its bonds for two years. He proposed a $300 000 provincial grant to cover the excess and avoid credit problems, while stressing the move is a suspension not repudiation. KR H Pooley suggested the city seek government aid to cover excess interest for one year.
MENTIONED IN THIS ARTICLE
Victoria
Vancouver
G. G. McGeer
Thomas Bradshaw
Toronto
KR. H. Pooley
Exquimant
McGeer
Saskatchewan Premier forecasts seed aid deal with lenders
Premier Gardiner told Dominion Mortgage and Investments Association members that an agreement between Saskatchewan and loan firms to supply farmers with spring seed will be finalized soon. He said the fertile soil remains and a single good crop could erase past deficits, noting past mistakes but seeking eastern goodwill beyond money.
MENTIONED IN THIS ARTICLE
Toronto
Gardiner
Saskatchewan
Dominion Mortgage and Investments Association
Prairie Province
Goodwill
West
Alberta to study production tax before final report
Premier R G Held said the Alberta tax inquiry board will study a production tax for the province and issue an interim report soon. The board’s final report is expected later as it reviews related matters and compares western provincial taxes. He defended provincial revenue, noting supplementary revenue tax gains have fallen since 1921.
MENTIONED IN THIS ARTICLE
Edmonton
Alberta Tax Inquiry Board
R. G
Government awards drill cloth contract for trousers
The government awarded Dominion Textiles Limited of Montreal a contract for 100000 yards of drill to make trousers for men in government relief camps. The material cost, excluding sales tax, is $22790.
MENTIONED IN THIS ARTICLE
Ottawa
Dominion Textiles, Limited
Montreal
House of Commons
Legion raises drive for King George V Silver Jubilee Cancer fund
The Mervin Saskatchewan branch of the Canadian Legion informs management it will organize a subscription drive among all legion members in its zone to raise money for the King George V Silver Jubilee Cancer fund.
MENTIONED IN THIS ARTICLE
Ottawa
Mervin, Sask
The
Canadian Legion
Legion
Edmenton Unemployed Seek 5 Cent Jubilee Gift
A petition to Edmonton city council requests a special 5 cent gift for each relief recipient to aid jubilee celebrations. Relief recipients previously received $1 cash at Christmas. No council action has been reported on the proposal.
MENTIONED IN THIS ARTICLE
Edmonton
Heavy Fines For Speeding In London
London enforces strict speed limits in built up areas with plainclothes police and patrol cars. The first offence carries a fine up to £20 while a second offence can reach £50.
MENTIONED IN THIS ARTICLE
London
Tariff Board to Investigate Motor Car Costs in Canada
Ottawa reports Finance Minister FE N Rhodes authorized Chairman George H Sedgewick to probe the automotive industry in Canada with focus on customs and excise duties and the relation of parts production to the larger industry. The inquiry aims to assess domestic consumption drawbacks, distribution costs, and factors determining retail vehicle prices.
MENTIONED IN THIS ARTICLE
Ottawa
FE. N. Rhodes
George H. Sedgewick
The
Tariff Board
Canada
Rhodes
United States
Will Allow No Laxity Ottawa
Hon. Wesley Gordon pledges rigid enforcement of reform penal provisions amid a delegation from the Confederation of Catholic Laborers of Canada. He warns laxity would destroy the measures and notes unemployment insurance, day of rest, and eight hour bills carry penalties. A request to strip firms of charters after two offences and to discipline workers for union participation was discussed as primarily provincial, but enforcement will be vigorous.
MENTIONED IN THIS ARTICLE
Ottawa
Wesley Gordon
Confederation of Catholic Laborers of Canada
Great War Financing in Canada During 1914 to Demobilization
Finance Minister E N Rhodes told H E Spencer in the House of Commons that from August 1914 until demobilization Canada borrowed 1 447 138 558 for war purposes. All funds were borrowed in Canada. He also stated 1 339 526 528 of bonds were issued free of taxation.
MENTIONED IN THIS ARTICLE
Ottawa
E. N. Rhodes
H. E. Spencer
U.F.A
Battle River
House of Commons
Canada
Prices For Steers Demonstrate Feeding Feasibility
Calgary reports George Ross a southern Alberta rancher finished 560 steers in the Vauxhall irrigation district and sold them to a Chicago packing company for about 25000 dollars. The cattle were brought from the range and finished in local feeding lots.
MENTIONED IN THIS ARTICLE
Calgary
George Ross
Alberta
Vauxhall
Ross
Chicago
Commission to Probe Unemployment Among Ex Service Men
A government inquiry will study unemployed veterans' needs and job facilities. The committee, named after representations by the Canadian Legion, will report to Hon. D. M. Sutherland and include Hon. Justice J. D. Hyndman Col C. B. Pricey and W. B. Woods. Ottawa observers welcome the move as timely and needed.
MENTIONED IN THIS ARTICLE
Meame
Ottawa
D. M. Sutherland
Canadian Legion
J. D. Hyndman
C. B. Pricey
Montreal
W. B. Woods
Toronto
Alex. Ross
C.M.G
Dominion
Legion
Demand For Cars In Border Cities Surges
Heavy demand in Windgor Ontario border cities raises employment and production by up to 77 percent in January February and 100 percent in the same period. Car makers struggle to build stocks as demand remains high and peak production is anticipated in a month or so.
MENTIONED IN THIS ARTICLE
Windgor
Ont
Final act of Greek revolt plays out across islands
Athens reports Venizelos fled to Rhodes after the revolt collapsed. The cruiser Averoff arrived at Salamis to seal off the insurgent fleet while loyal forces pressed post revolt mop up in Macedonia. Courts martial begin. amnesty eyed for non officer rebels. leaders face trials or death if captured.
MENTIONED IN THIS ARTICLE
Athens
Eleutheriozs Venizelos
Rhodes
King
Julius Caesar
Averoff
Venizelos
Cassos
Salamis
Macedonia
Grist
Crete
Italy
Stylianos Gonatas
Senate
Panayoto
Poulosca
Fiengas
Greece
Zito
Constantine
Bulgaria
Kamunos
British Naval Estimates Passed by House of Commons
The British House of Commons approved naval estimates of 60 050 000 pounds by 359 to 40. Sir Bolton Byren-Monsell urged a Washington treaty spirit and joint international reductions, citing preparatory talks for an upcoming naval conference and proposing 7 000 ton cruisers with 8 inch guns. He accused the Labour party of war-mongering accusations.
MENTIONED IN THIS ARTICLE
London
House of Commons
Bolton Byren-Monsell
Admiralty
Bolton
Britain
United Kingdom
Sir Bolton
Ils
Labor Party
New Stamp Series Marks George VI Jubilee
Postmaster-General Arthur Sauvé announced a six stamp series to celebrate the Silver Jubilee of King George VI. Denominations include 1c Princess Elizabeth, 2c Duke of York, 3c King and Queen, 5c Prince of Wales, 10c Windsor Castle, 13c Britannia. Regular sizes for 1c 2c 5c. double size for 3c 10c 13c. issue date TBA.
MENTIONED IN THIS ARTICLE
Ottawa
Arthur Sauve
King George
Princess Elizabeth
Duke of York
Prince of Wales
Windsor Castle
Britannia
Trains Collision Injures Eleven in Snow Storm at Caradoc
In Caradoc Ontario a Canadian Pacific passenger train and a freight train collided during a heavy snowstorm. Eleven people were hurt including engineer Malcolm D McTaggart of London Ont who leaped from the cab suffering back injuries. The remaining ten sustained shock and cuts with minor fractures and continued on a subsequent train.
MENTIONED IN THIS ARTICLE
Caradoc
Ont
Canadian Pacific Railway
Malcolm D. McTaggart
London
Eldorate Radin Silver Expresa Lands in North Winnipeg
One of Canada's largest aeroplanes the Eldorate Radin Silver Expresa landed in North Winnipeg on March 12 piloted by W L Brintwell of Mackenzie Air Service. The Bel lanca air cruiser carrying 23% tons of freight departed for Edmon ton for service in the north.
MENTIONED IN THIS ARTICLE
Winnipeg
Canada
Eldorate Radin Silver Expresa
W. L. Brintwell
Mackenzie Air Service
Bellanca Air Cruiser
Edmonton
Sir John Stroop to Visit Berlin London
Foreign Secretary Sir John Simon and Lord Privy Seal Eden will leave for Berlin on March 24 to hold talks on European security with Chancellor Adolf Hitler and return March 27.
MENTIONED IN THIS ARTICLE
London
Sir John Simon
Eden
Berlin
Adolf Hitler
Porcelain Archives Found Dating Back 2500 Years
Discovery in Jerusalem reveals porcelain archives dating 2500 to 2900 years old. Believed to belong to a Judah trading prince, the find is hailed for corroborating ancient trade and Bil stories from the pre-Bolumonea era.
MENTIONED IN THIS ARTICLE
Jerusalem
Judah
Also Mentioned on This Page
Central Bank
Railway Board
Midker
Ontario
Mitchel F. Hepburn
Elgin County
St. Thomas
Victor Williams
Blils Committee
British Columbia
Monsieur Lumiere
Academie Des Sciences
Paris
M. Lumiere
Conmusitice
George
Fleven
North
Sir John Stroop
Porcelain Archives
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