CANADIAN POLITICS
PARALYSIS OF INDUSTRY HUGE LOAN OVER-SUBSCRIBED United Press Assn.—Elite. . el. Copyright * Received May |9. 12 noon OTTAWA. May J S The Dominion s six year 2 per rent. 1 iO.non.mm dollar loan was oversubscribed in the first half-hour. Tn the Senate Ihe Opposition leader, Mr Arthur Afeiarhen. demanded that the Dominion exert authority in Ihe provinces meet the crisis threateninc the disintegration of the Dominion provincial legislation and even of the Constitution. Repudiation was rampant in (he prairies centring in Edmonton. As a result industry was paralysed, because no one was willing to invest money, particularly in Aiber+a. under the sociat credit Uo\eminent.
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Waikato Times, Volume 122, Issue 20503, 20 May 1938, Page 7
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105CANADIAN POLITICS Waikato Times, Volume 122, Issue 20503, 20 May 1938, Page 7
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