Word: ottawa
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Dates: during 1960-1969
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Canada's target is the Mercantile Bank of Canada (assets: $225 million), which, as smallest by far of the country's eight nationally chartered banks, would hardly be noticed were it not wholly owned by New York's First Na tional City Bank. In Ottawa last week, parliamentary hearings began on a bill designed to limit the size of banks in which non-Canadians have more than a 25% interest. Mercantile, as it happens, would be the only one affected; under the new rules, it would be forced to pare its assets to $200 million or find...
...Canada that its own huge banking interests in the U.S. - including about half the lucrative Wall Street call-loan market - amount to some $1.6 bil lion and hinted at possible reprisal. The note did not find a welcome. When one high-ranking U.S. diplomat explained the U.S. position in Ottawa, he was told, "Don't be a bloody fool...
...largest outside of Poland-requested and got from the present Communist government an exhibition of 127 historic objects that display the nation's artistic heritage. The exhibition of treasures from Poland, which is currently at Chicago's Art Institute and will travel next to Philadelphia and Ottawa, makes it clear that the Polish were as responsive to Gothic and Renaissance styles as the rest of Europe...
Flinty old John Diefenbaker, 71, likes to parry any suggestion that he should step down as leader of Canada's Progressive Conservative Party with a Churchillian thrust: "I'm not going till the pub closes." Last week, as the party gathered in Ottawa's Chateau Laurier for its regular convention, Tory dissidents were trying their best to close...
...show will be seen only at the Art Institute of Chicago before being disassembled and sent back to the lenders. Among other major exhibitions slated to bypass New York is Chicago's "Treasures from Poland," on loan from the Polish government, which will go only to Philadelphia and Ottawa. "The Age of Rembrandt," which includes paintings from major Netherlands museums that may never again be allowed abroad, will be seen only in San Francisco, Toledo and Boston. Equally rare is Cleveland's "Treasures from Medieval Art," which includes a host of objects never seen outside France before...