Word: abbotts
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Dates: during 1950-1959
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...speaking trip to the U.S. last week, Canada's Finance Minister Douglas Abbott had a confession to make. "Our public men [have failed] to tell our story in your country," he told a convention of bankers at Whitefield, N.H. "Today [I intend] to cast aside any restraining influence of that modesty which I hope is a Canadian virtue, and talk to you . . . unblushingly . . . of the virtual transformation which has been wrought in the Canadian economy within the past ten years...
...story Abbott had to tell was a tale of rapid expansion and booming prosperity. A few of the transformations...
These striking changes, Abbott pointed out, were only the most obvious signs of a far-reaching expansion. Just as important was the fact that Canada is no longer almost fully dependent on exports of raw materials and imports of manufactured goods as she was in the '30s and the years before...
Primary iron & steel production has more than doubled since 1939, electrical equipment manufacturing has tripled, aluminum production has increased fivefold. Canada has become an exporter instead of a consistent importer of such hard goods as machine tools and aircraft. Said Abbott: "We are in fact now selling some of the products of our manufacturing industry in the markets of the most highly industrialized countries of the world...
...Ticket Agency obtained the additional allotment yesterday because it sold easily the 400 ducats in its original quota last week, according to ticket chairman Warren J. Abbott '51. Abbott said he would close down the sales Friday if all the extra tickets aren't sold before then...