Word: dominione
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When a knight, even a Jewish knight, has been appointed Governor General of a British Dominion, he has every right to expect that he will be made a peer the next time His Majesty makes a batch of peers...
...last week in a fiscal morass was Austria (see p. 23). Other governments painfully pinched for money by Depression were those of Newfoundland and Brazil (see below). But many a nation is not pinched. Last week Canada easily converted more than $600,- 000,000 worth of a series of Dominion bonds (totalling $1,084,800,000) into other series at impressive savings in the rates of interest. Fortnight ago Italy offered an internal loan of 4,000,000,000 lire ($210,000,000). Italian investors offered a total of 7,004,439,500 lire, a 75% oversubscription...
Brazil Moratorium? Year ago Sir Otto Ernst Niemeyer of the Bank of England reported on Australia, advised the Dominion merely to "retrench." In Buenos Aires last week correspondents were "reliably informed" from a Government source that Sir Otto would give Brazil a different piece of advice. His report would recommend, the correspondents were told, a "national moratorium" (postponement of payments) on all foreign obligations of Brazil's Na tional and State Governments. Sir Otto, although Vice Governor of the Bank of England, went to Brazil to oblige her chief British bankers, the House of Rothschild...
...farmers. To carry an appeal to the world when it has already fallen on deaf ears in the U. S. seemed to many delegates twice hypocritical. That Canada is not the "trusty vassal" of the U. S. appeared when Canada's George Howard Ferguson, High Commissioner of the Dominion in London and Chairman of the Wheat Conference last week, said cuttingly of the U. S. Chief Delegate's speech: "It was prepared before Mr. McKelvie came to London and perhaps without any definite relation to this Conference...
Hurt by the dividend cut are 65,000 C. P. R. owners?20,000 in the United Kingdom, 27,000 in Canada, 13,000 in the U. S. And affected psychologically by the cut is each & every one of Canada's 9,000,000 citizens, for between the Dominion and the C. P. R. is a great bond. The C. P. R. has grown because Canada has grown; Canada could not have grown without...