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Newspaper
Roblin Review
Location
Roblin, Manitoba, Canada
Date
Oct 18, 1934
Page
4
Amendments to the Canadian Farm Loan Act published by Finance Minister E N Rhodes expand loan access. Farmers may obtain second mortgages to secure larger sums, with total advances limited to two thirds of appraised value and terms up to five years. Second mortgages allow up to half of the first loan on land and buildings and on livestock credits.
A taxless mining town in Jellicoe Ontario sees a rush of prospectors geologists and miners as land grabs and shelter construction accelerate ahead of winter. Canadian National Railways right of way hosts growing housing and a new hotel bunkhouse while a sleeping car provides affordable nightly berths as accommodation tightens in this burgeoning gold scramble.
The official gazette announces that the king has conferred upon Prince George the titles of Baron of Downpatrick, Peer of Saint Andrews, and Duke of Kent in honor of his forthcoming marriage to Princess Maring of Greece.
The Department of Agriculture estimated the United States wheat crop at 496,982,000 bushels for the year and the indicated corn crop at 2,416,722,000 bushels, showing the agricultural outlook based on early reports.
Mrs. Stoll, a prominent social figure, was abducted from her home by a man posing as a caller who demanded a $50,000 ransom. The kidnapper bound the maid, gagged, and left traces of blood as he took Mrs. Stoll to an awaiting car. Federal, city, and county authorities launched a broad search. Berry Stoll confirmed receipt of the ransom note and said arrangements were underway. The note named William A. Stoll as “next on the list.”
Arthur B. Wood of Sun Life Insurance warned at the American Life convention that annuity premiums based on past experience may be insufficient as longevity increases. He urged extra provisions to anticipate longer lifespans and avert an eventual shortfall.
Madeline Slade known as Mirabai and Mirabal, once a society girl and chief lieutenant to Gandhi, landed in New York on the Majestic in third class. She said she aimed to give Americans a clear view of Gandhi and spoke at the invitation of Rev. John Haynes Holmen, head of the American League for India's Freedom.
A dispatch reports three foreign missionaries including Miss Grave Emblem a British subject captured by outlaws at Lohuanping eighty miles east of Kweiyang in Kweichow province. Miss Emblem attached to the China Inland Mission with two other captives, an Englishman and a Swiss.
A fire destroyed the Inter-Ocean Elevator in Buchanan Saskatchewan and about 20000 bushels of wheat. Volunteers carried out the office records. Agent George Ternovetsky was absent when the blaze started.
Ottawa reports a two percent rate on savings deposits will start November 3 1934 across chartered banks the post office savings system and Ontario savings office under Finance Minister E N Rhodes. Other banks plan December 1 reductions and Ontario loan and trust firms may trim by half a percent from January 2. The prior May 1 1933 cut lowered rates from three percent to two and a half percent.
Ottawa reports Tom Moore president of the Trades and Labor Congress declared that Canada will adopt industrial control to curb unchecked business. He warned against dictatorship, urged uniform nationwide rules, and said boycotts should remove those who do not comply. He tied unemployment insurance and social measures to public welfare and noted Canada spent hundreds of millions on relief since 1930.
The Dominion Bureau of Statistics reports a sharp rise in wheat export value in September reaching 15,323,000 dollars with 17,588,359 bushels exported. The average price was 87.1 cents per bushel, up from 75.9 cents last year. First six months eligible export value totaled 68,937,000 dollars, up about 8,500,000 from the prior year.
Ottawa reports the 1934 refunding loan an unqualified success with aims to maximize conversions of 1919 Victory bonds. No definite figures were issued for recent applications as books remained open to secure hinges and push total beyond the original $250,000,000 target while allowing scale downs on larger subscriptions if needed.
Hon. George Hoadley minister of health told the Alberta Hospital Association and the Association of Registered Nurses in joint Annual convention that under the proposed health insurance scheme for Alberta more people will receive hospital service and more nurses will be employed than at present.
A three year old Clydesdale gelding named Jack sold for 400 to A Leslie of Watrous Sask, believed to be the highest price for four horses in Manitoba in years. Jack, Manitoba grand championship winner, will be shown at the Royal Winter Show in Toronto.
Police in Saskatoon arrest two Chinese merchants tied to a $5,000 opium cache amid RCMP narcotics crackdown. Detectives say leaders of a prairie dope ring may be seized. Montreal busts and a New York figure linked to the case frame the investigation led by Detective Sergeant L J Black of Edmonton.
Preparations at Avon Castle Hampshire indicate the Earl of Egmont his wife and infant son will return to Britain soon from his Alberta ranch near Calgary. The Daily Mail says he plans to enter the House of Lords before turning 21 next April.
The plot to kill King Alexander of Yugoslavia and French Foreign Minister Barthou alarms Europe. A Czech passport found on Petrus Kalemen sparks forgery doubts as France, Yugoslavia, and Prague reel from the Marseilles shooting. Doumergue assumes Barthou’s duties amid protests and calls for government overhaul. Police chase an international terrorist cell blamed for the slaying with Kalemen chosen by lot.
Washington officials say no wheat exports are planned due to a small crop of 496 million bushels. Only soft white Pacific northwest surplus may be sold to the relief corporation, with total U.S. supply around 786 million and a 36 million bushel potential surplus after domestic needs and carryovers.
The Manitoba Retail Merchants Association proposes a government department of trade and industry to ban unfair practices, fix minimum wages and prices, and regulate working conditions. The plan would license all traders, establish industry codes, and require 66 percent support to activate by the lieutenant governor. Discussions continue and draft rules will undergo rigorous revision.
Premier Hepburn of Ontario declared the government would wage war on financial racketeers and improper practices. After a cabinet meeting, new regulations strengthen the Securities Commissioner and place the commission on a self supporting basis as part of the crackdown.
Mr Justice A K Dysart was elected chairman of the University of Manitoba board of governors succeeding D C Coleman of the Canadian Pacific Railway, who was transferred to Montreal. H A Bergman K C was named vice chairman to succeed Dysart at a Winnipeg meeting.
Hon. C. H. Cahan secretary of state for Canada and Mrs. Cahan returned aboard the liner Edpress of Japan after a holiday trip to the Orient. He said it was purely a holiday trip with no business or impressions to report, and that he enjoyed seeing a great deal.
5S H Adams KC of Calgary was chosen as the new president of the Alberta Hospitals Association at the closing session of the annual convention held in Edmonton.
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