Word: canadians
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Dates: during 1950-1959
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Canada's prosperity was hard to argue against, but one aspect of the boom increasingly disturbed the Britain-oriented Tories, and particularly John Diefenbaker: the extent that control of the nation's natural resources was passing to U.S. investors. Canadians, investing heavily in such safe and sound ventures as mortgages, public utilities and business expansion, put up three-fourths of the capital for their postwar growth; but U.S. investors, plunging heavily into high-risk mineral explorations, managed to sew up 75% of Canada's oil and gas, half its mining. The fact that U.S. investment more than...
...make a nation out of Canada has in fact been the historic preoccupation of both of Canada's major parties almost to the exclusion of doctrinaire, right-left, capitalism-socialism struggles. Canada's first Prime Minister, Tory John A. Macdonald (1867-73, 1878-91), liberally subsidized the Canadian Pacific Railroad to keep Canada from being served only by north-bound branch lines of U.S. railroads. Liberal C. D. Howe, a devoted private enterpriser, saw nothing strange in fathering a national airline and a national radio-TV network. When Liberals adopted baby bonuses, old-age pensions, a $100 million...
...sees it as a useful lever to help Canada resist U.S. domination. In London for a Commonwealth Conference soon after his election, Diefenbaker invited his fellow Prime Ministers to send their finance ministers to Ottawa this fall to talk up Commonwealth trade. And back in Ottawa, he called on Canadians to shift 15% of their U.S. purchase orders to British suppliers, thus strengthen Britain's ability to buy Canadian wheat...
...believe that Canadians are becoming more and more conscious of the need for re-examination of Canada's economic policies to ensure and preserve for the people of Canada the control of their own political and economic destiny," says John Diefenbaker. Then he adds a favorite line: "I am not anti-American. The very thought is repugnant to me. I am strongly pro-Canadian...
Split Board. Vogel's avowed enemies are onetime TV Producer (Dragnet) Stanley Meyer and Joseph Tomlinson, a millionaire Canadian contractor and biggest (5%) individual Loew stockholder; both have long been dissatisfied with the operation of the company. Last year, with M-G-M showing a $3,000,000 loss on movie production, the threat of a proxy war was stemmed only by a deal that split Loew's board. At the February meeting Vogel was allowed to choose six directors, the Tomlinson-Meyer group another six, with a neutral member in New York Herald Tribune President and Editor...