HIST 1133 Lecture Notes - Lecture 10: Ultra Vires, Social Dividend, Spanish Legion
31 Oct 2016
School
Department
Course
Professor
Document Summary
Stock market crash, october 1929: enormous divides between rich and poor in both canada and the u. s. Contraction of industry, agriculture, resource extraction: ontario. Per capita income drops 72% between 1929 -1933. Worldwide depression means no prospect of emigration. Deflation (20% between 1930 and 1932: rise in standard of living for employed. End unemployment : use the tariff to blast into foreign markets, attempts to force other countries to buy canadian (tariff increase wars) (ultimately all countries say screw it shut down all import -> no int"l trade. Crush communism and socialism with the iron heel of ruthlessness : arrest of 8 communist leaders. Leader of the calgary prophetic bible institute: calgary high school principal, 1932 discovery of social credit. Poverty in the midst of plenty: wins 1935 provincial election with promise of /month social. Illegal until 1935: me(cid:373)(cid:271)ership largely (cid:862)eth(cid:374)i(cid:272)(cid:863) a(cid:374)d u(cid:374)e(cid:373)ployed. Inspired by the american new deal of f. d.
