Business: C. P. R. Guarantee

If the U. S. Government had guaranteed a $100,000,000 bank loan to American Telephone & Telegraph Co. which remained a secret for months & months and if President Roosevelt had appeared before the Senate Banking & Currency Committee to be cross-examined on such a transaction by rich, radical Senator Couzens, the ensuing commotion in Washington would have been deafening. Yet 500 miles to the north on Parliament Hill, Ottawa, last week, approximately the same set of facts was revealed without any Dominion-shaking uproar. Edward Wentworth Beatty, blunt, ready-tongued head of Canadian Pacific Ry.,...

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