Word: alberta
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Dates: during 1930-1939
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Canadians boast the greatest per capita wealth in the world, $3,148. Even more blessed is the Province of Alberta, with $3,518 per head. Yet Depression has hit Alberta hard. For years its breezy, two-fisted, hospitable citizens have been feeling poorer & poorer. Galavanting to the polls last week, they raised merry Empire hell by turning over their province to a Bible-babbling high-school principal who promises to crack open Alberta's frozen wealth and pay dividend" of every at bona least fide $25. citizen a "monthly dividend" of at least...
...goodness was set on William Aberhart last week by the fact that he himself did not stand for election. "If the people want Social Credit," said this studiously modest Messiah of $25 dividends, "there will be room for me to fit in somewhere . . . perhaps as Premier." To Canadians outside Alberta the election seemed in advance a messy maze, with 240 candidates of four major and several minor parties running for 63 seats and nothing certain except that Premier Richard Gavin Reid of the United Farmers Party, which came in on a landslide in 1921, would go out into limbo...
Social Credit Is What? Few Alberta voters seemed to know much about Social Credit last week, merely having faith in Messiah Aberhart's assurances that it is not Communist, does not seek to abolish private property or Capitalism and is a positive sock at "The Bankers...
That, plus the $25 monthly "dividend," would satisfy most farmers, and Albertans are mostly farmers. On the morning after election day they itched to know how long it will take to set up Alberta's proposed "State Credit House" and start paying dividends. Said William Aberhart: "It will take at least 18 months...
...Alberta seemingly on the verge of an experiment in living on self-created credit...