Monday, Feb. 29, 1932
Bargain
Personally prosperous Richard Bedford Bennett, Premier of Canada, officially turned down last week the Dominion's chance of a lifetime to buy Labrador (110,000 square miles) for the bargain price of $110,000,000. Premier Sir Richard Anderson Squires of Newfoundland, who offered this bargain to Canada, desperately needs the money to save himself from another thorough pummelling and beating by Newfoundland's unemployed who demand a larger "dole." If the U. S. cares to bid for Labrador, now is the time.
In Ottawa, Mr. Bennett not only refused to buy Labrador, he even slashed $57,000,000 from the Canadian Government's estimate of what it must spend during the Canadian fiscal year beginning on April Fool's Day 1932.
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