VOGUE OF INFLATION
CANADA MAY JOIN
MR. BENNETT DROPS HINT
(Received May 3, 1.30 p.m.) OTTAWA, May 2. An observation the Prime Minister (Mr. R. B. Bennett) interjected during a speech on general financial matters forecasting a measure to be introduced shortly respecting money, was not to be taken as ai«. indication that the Government contemplated any departure from the principle of sound, money it was learned authoritatively on Tuesday, though the exact nature of the proposed legislation was not made public; On tho question of inflation or devaluation of the dollar, however, it has been staged in reliable quarters, that should this be desirable and possible of accomplishment under circumstances that would not impair the credit of Canada abroad, the Prime Minister would not hesitate to ask the necessary authority from Parliament. It largely depended on tho action President Roosevelt would take under the powers granted him. '
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Bibliographic details
Evening Post, Volume CXV, Issue 102, 3 May 1933, Page 9
Word Count
148VOGUE OF INFLATION Evening Post, Volume CXV, Issue 102, 3 May 1933, Page 9
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