Canadian Pacific gazette
data provider: CONTENTdm
subject: C.P.R. steamships
subject: Canadian Pacific Railway Company
subject: Travel
subject: Tourism
subject: Steamboats
subject: Journalism
subject: Ocean liners
is part of: Wallace B. Chung and Madeline H. Chung Collection
creator: Canadian Pacific Steamships. Empress of Britain
creator: Sanders Phillips & Co, Ltd.
issued: 2018-10-02
created: between 1933-08-30 and 1933-08-31
description: 30 and 31 Aug. 1933 editions of the Canadian Pacific Gazette, printed on board the Empress of Britain.
aggregated CHO: https://open.library.ubc.ca/collections/chungtext/items/1.0372667/source.json
format: application/pdf
note: RMS. EMPRESS OF BRITAIN Protection for Investors New U.S. Plan to make Directors and Others Responsible for Issues FOLLOWING LINES OF BRITISH COMPANY LEGISLATION WASHINGTON.—The new Securities Act, designed to protect the American investor by compelling publication of essential facts about the financial position of corporations, and allotting responsibility if those facts are misleading, brings the American law a step nearer the British, as embodied in the Companies Act, 1929, though the complication or conflict of Federal and State machinery limits its effect. This is the first attempt, however, to combine the principle of Federal supervisors with protection against fraud. The Securities Act, according to Professor Berle, one of the President's economic advisers, in the New York " Times," proceeds on the theory that the United States Government will not undertake to tell a man what risk he shall take with his money. INFORMED of the FACT It will, however, to the extent indicated, require that he be fully informed as to the facts, leaving it up to him to decide whether he wants to invest. " The method of control is to make it a penal offence to sell or offer for sale a security which has not been ' registered' with the Federal Trade Commission. " Under the United States Constitution this includes offers to sell in interstate commerce, or through the United States mails, or by means of any interstate transportation—these all for the purpose of staying within the well-beaten limits of the Constitution. '"■ The penalty for unlawful offer for sale is a fine of not more than $5,000 or Prince Goes to the Workhouse HUNGARIAN TRAGEDY VIENNA.—Prince Porcia, last of a line of Hungarian aristocrats, has made an application to the Budapest magistrate for a place in the city's workhouse, according to the " Neue Freie Presse." The prince, who was once extremely rich, lost millions in Hungarian and Austrian war loans, and has not yet been able to secure restoration of his family es…
has type: Newspapers
is shown at: 10.14288/1.0372667
language: English
provider: Vancouver : University of British Columbia Library
current location: Box 221
rights: Images provided for research and reference use only. Permission to publish, copy or otherwise use these images must be obtained from Rare Books and Special Collections: http://rbsc.library.ubc.ca/
source: Original Format: University of British Columbia. Library. Rare Books and Special Collections. The Chung Collection. CC-TX-221-3
type: Text