ALBERTA’S GOVERNMENT

Evening Star, Issue 22720, 6 August 1937, Page 9

ALBERTA’S GOVERNMENT

FURTHER RADICAL MEASURES INTRODUCED CONSTITUTIONAL ISSUES RAISED Press Association —By Telegraph—Copyright EDMONTON, August 5. (Received August 6, at 12.40 p.m.) A constitutional struggle has begun over Mr Aberhart’s Bill to control the banks. It provides for 500dol licenses for all financial institutions with sdol for all employees except the Bank of Canada. A special credit hoard will control the licenses and will have power to refuse or cancel trust, loan, and insurance companies included in the licenses, hut only after pledges have been given not to disturb the property rights of any citizen of Alberta. A supplementary Act closes the Alberta courts to any action involving the constitutionality of Alberta statutes. Financiers are considering making a demand to Ottawa to disallow the Act, and they will appeal to the Supreme Court of Canada to declare it ultra vires. They demand that the Lieuten-ant-Governor shall refuse to sign it, citing the British North America Act providing that banking measures are reserved for ,the Dominion Government.