NEW PARTY IN CANADA

Evening Post, Volume CXX, Issue 7, 8 July 1935, Page 10

NEW PARTY IN CANADA

ME, STEVENS AS LEADER

RECONSTRUCTION POLICY

United I'resE Association-Is/ Elti'inr leln

crapli -Cnpyilelit (Received July 8, 2 p.m.)

OTTAWA, July 7,

The former Minister of Trade and Commerce, Mr. H. H. Stevens, has announced his acceptance of the leadership of a new political party whose object is a reconstruction and reform programme similar to what he has been advocating for the past eighteen months.

Candidates will be put up in all constituencies at the coming election.

Mr. Stevens resigned', from the Cabinet last October following differences of opinion in the Ministry concerning Mr. Stevens's actions in connection with the mass buying and pricespread investigation, and an ultimatum delivered to him by his colleagues asking him to explain his attacks on business as chairman of the Government Price-Spread Inquiry or to quit' the Commission. A booklet issued by Mr. Stevens flaying industrial magnates for "sweat shops" had previously been suppressed by the Premier's order. The pamphlet alleged that . unscrupulous financiers and business men "had exploited Canada's consuming public, starved producers, sweated workmen, and left the country facing alternatives of reform, dictatorship, or revolution." It was alleged that thousands of skilled workers received as little as four dollars a week, that members of the board of directors had "milked" a • certain' Toronto concern of 20,000,000 dollars, meanwhile selling employees 2,000,000 dollars' worth of worthless stocks, and that the pulp paper industry had been "gouged" of 30,000,000. dollars.