ECONOMIC CRISIS
. POSITION IN CANADA : „ OPPOSITION LEADER'S VIEW OTTAWA, May 18 In the 1 Senate to-day the Leader of fthe Opposition; Mr. Arthur Meighen, (demanded that the Dominion exert its :authority in the provinces to meet "the ■crisis that is threatening the disintegration of the Dominion." jjlx;' I Meighen said: "The provincial even if constitutional, can Ibe disallowed ifi' fkvouf 'of the public iKOod. Repudiation is rampant in the (prairie provinces, and especially around iildinanton. "'
"As a result industry is paralysed ißfeeajuse no one is willing to invest •jnoneytSparticularly in Social Credit in jUberta."
LOAN OVER SUBSCRIBED
OTTAWA, May 18
The Dominion Government's six-year •two per cent 140,000,000-dollar loan -was oversubscribed in the first halfJfcour.
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Bibliographic details
New Zealand Herald, Volume LXXV, Issue 23042, 20 May 1938, Page 12
Word Count
115ECONOMIC CRISIS New Zealand Herald, Volume LXXV, Issue 23042, 20 May 1938, Page 12
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