CANADIAN BUILDING
METHOD OF PAYMENT.
OTTAWA, May 5
The Canadian Government has decided to erect a great public building in Ottawa at a cost of 7,000,000 dollars and to pay for it by the issue of currency without gold backing . When asked concerning. the policy involved, the Prime Minister, Mr R. B. Bennett, replied that certainly it was inflationary, but the expenditure would provide employment for several thousand workmen, and in all probability the same policy would be adopted for other big public works.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HOG19330515.2.87
Bibliographic details
Hokitika Guardian, 15 May 1933, Page 8
Word Count
84CANADIAN BUILDING Hokitika Guardian, 15 May 1933, Page 8
Using This Item
The Greymouth Evening Star Co Ltd is the copyright owner for the Hokitika Guardian. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of the Greymouth Evening Star Co Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.