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ALBERTA'S DECISION

COMMENT BY DOUGLAS MR. ABERHART’S PROMISE DEVELOPMENT BY STAGES [By Telegraph—Press Association—Copyright] Received Aug. 27, 11.5 p.m. LONDON, Aug. 26. Alajor Douglas, originator of the credit scheme, in an interview, sail he was confident that it would be implemented in Alberta. Hu insisted that Air. Aberhart’s promise of 25 dollars a month was practicable, though doubtless it would have to be developed by stages. “I do not fear the banks. They are made into bogeys. If there is any difficulty in co-opera-tion it may have to be enforced,” said Alajor Douglas. “If I again visit Alberta it will be in the capacity of reconstruction adviser.” He admitted that a local as distinct from a universal adoption of his ideas would not provide ideal conditions for their success, but he insisted that there was a steady world-wide move meat in favour of his proposals. Alberta stocks in London were marked down 4 to 5A points, but sales are possible only by negotiation. “CRUEL HOAX” BY VISIONARY ADVENTURERS CALGARY, Aug. 26. Air. Aberhart states that the Social Credit Legislature will be called to meet on September 3. The Reid Government has resigned. Air. Aberhart states that the 25 dollars a month social credit bonus wii not bo paid if it threatens Alberta with bankruptcy. Predicting a new election in Alberta within six months, the Premier (Air. Taschereau) warns Mr. Aberhart that he canont expect other provinces to make sacrifices through the House of Commons tn help Alberta’s fantastic experiment. Air. G. G. McGee r, Mayor of Vancouver, who has come back from his Alberta campaign on behalf of the Liberals, declares that Air. Aberhart’s 25 dollars’ promise is the most cruel hoax ever perpetrated on a suffering people by a group of visionary and impracticable political adventurers.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/WC19350828.2.54

Bibliographic details

Wanganui Chronicle, Volume 79, Issue 201, 28 August 1935, Page 7

Word Count
297

ALBERTA'S DECISION Wanganui Chronicle, Volume 79, Issue 201, 28 August 1935, Page 7

ALBERTA'S DECISION Wanganui Chronicle, Volume 79, Issue 201, 28 August 1935, Page 7

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