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Lecture 6

History 2125F/G Lecture Notes - Lecture 6: Joseph Flavelle, Canadian Tire, Stelco


Department
History
Course Code
HIS 2125F/G
Professor
Peter Krats
Lecture
6

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Class: History
Date: Thursday, 11 October, 2012
Great War and the Twenties: Roller coaster rides for Business and Labour
Main Points
Notes
Business and Labour
face war and peace
Immediate reactions to war
Government takes many hands
“command” economy --> boom
Everyone (in.c woman) have involved
War’s end -->??
Roaring 20’s: bigger business, consumerism’s infancy
Pre-war rescission
•Overseas credit tightens
•Credit - reliant business down
•Need less lumber, brick and steel
•Recourse industries down
•Transportation down
•Less work --> consumer demand down
War produced plenty of
government power
The Measures Act
The power of Bus/Econ
Cost of living controller
War trade bond
Wartime grain board
Finance Act as Central Bank
Purchase of CNOR and GTPNT
Purchasing war material
Power over Labour
Expansion of the same Industrial Disputes Investigation Act (IDIA) 1907
In terms of strike, someone would be sent in to determine who was right,
company or employees
There is more government: business booms after uneven start
Ross rifle was chosen, arguable the worst possible rifle to use in war
Imperial Munitions
Board
Run by Joseph Flavelle
He contracts with 600 firms and over 25,000 workers
Sets out contracts for socks, wheat, bullets etc...
Because of this need, the canadian manufacturing economy soars
50 percent of contracts went to canada (this reinforces the image of the cow
eating from the parries and providing milk for ontario)
How the economy grows
Mining grows rapily
Lumber goes over to build trenches
The federal spending increases rapidly during this time
Spending increases 400% during the war
Business are now required to pay federal taxes, only their excess profits were
taxed
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