As the pound sterling soars upward on its triumphant return journey to parity, Canadian financiers forecast an early return to the London money market. For some years, Canada has done much of its financing in Manhattan, although there was a decided lull in 1924. With sterling at par, Canadians would be able to borrow less expensively in London where, before the War, they did most of their financing.
A newspaper report ignorantly inferred that Queen Mother Alexandra, wife of King Edward VII, had started a veil craze by allowing the publication of a photograph...
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