CANADA: Progress Report, Oct. 30, 1950

On a speaking trip to the U.S. last week, Canada's Finance Minister Douglas Abbott had a confession to make. "Our public men [have failed] to tell our story in your country," he told a convention of bankers at Whitefield, N.H. "Today [I intend] to cast aside any restraining influence of that modesty which I hope is a Canadian virtue, and talk to you . . . unblushingly . . . of the virtual transformation which has been wrought in the Canadian economy within the past ten years."

The story Abbott had to tell was a tale of rapid expansion and...

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