PRESIDENT RESIGNS
FROM CANADIAN RAILWAYS.
(United Press Association—By Electric Telegraph—Copyright.) ' ! o (Received .this day at 9.30 a.m.) f ; OTTAWA, July 19. Sir* Henry Tliornton has resigned as .president'of the Canadian National rail* ways. It is announced, S, J. Hungerford vice president will be acting President. ' The Minister of Railways, Mr Manioh, in reply to questions confirmed Thornton’s resignation, stating it had been accepted by the Board of Director and Government)^ ; ' In a .letter written-to Mr Manion, Thornton said: “In my opinion a publicly owned railway can only be successfully directed if the management has the complete confidence of the owners of the property. Public criticism to which I have referred indicates that such confidence is at least not general, and in this period of financial depression and in view of the further fact that a Royal Commission is investigating the whole railway situation of the country, I feel I should tender my resignation.’’ >
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Hokitika Guardian, 20 July 1932, Page 5
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153PRESIDENT RESIGNS Hokitika Guardian, 20 July 1932, Page 5
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