SOCIAL CREDIT SETBACK.
SUPREME COURT RULING. Received February 14, 12.35 p.m. CALGARY, Feb. 13. Tlxe Supreme Coiu-t of Alberta today' quashed the Aberhart Social Credit Government’s Interest Reduction Act, whereby tho province refused to pay more than half the interest on outstanding bonds. The Court rules that interest reduction is the sole authority of the Dominion.
The action was brought by the Independent Order of Foresters, who hold 300,000 dollars of provincial debentures.
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Bibliographic details
Manawatu Standard, Volume LIX, Issue 63, 14 February 1939, Page 7
Word Count
73SOCIAL CREDIT SETBACK. Manawatu Standard, Volume LIX, Issue 63, 14 February 1939, Page 7
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