CANADIAN FINANCE
♦ CONTROL OF PROVINCES » DEMANDED BY OPPOSITION LEADER. “REPUDIATION RAMPANT.” By Telegraph—Press Association. Copyright. (Recd This Day, noon.) OTTAWA, May 18. In the Senate, the Opposition Leader, Mr Arthur Meighen, demanded that the Dominion exert its authority in the Provinces to meet a crisis threatening the disintegration of the Dominion. Provincial legislation, even if constitutional, could be disallowed in favour of the ’ public good. Repudiation was rampant in the prairies, centring in Edmonton (Alberta). As a result, industry was paralysed, because none were willing to invest money, particularly in Alberta, under a Social Credit Government. DOMINION LOAN. QUICKLY OVERSUBSCRIBED. (Recd This Day, noon.) OTTAWA, May 18. The Dominion’s six year 2 per cent 140 million dollar loan was oversubscribed in the first half-hour.
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Wairarapa Times-Age, 19 May 1938, Page 8
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124CANADIAN FINANCE Wairarapa Times-Age, 19 May 1938, Page 8
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