There was standing room only in the public galleries. As the lanky, sandy-haired Finance Minister unfolded himself and got to his feet in the House of Commons, members thumped their desks in applause. James Lorimer Ilsley nervously cleared his throat, picked up a sheaf of notes, took off his glasses, put them on again, and waded into a 10,000-word speech telling what the coming year's tax picture would be. It proved to be good.
Mr. Ilsley was quick to make one thing crystal clear: the Government was going to strike off some of the...
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