Ottawa, Apr. 30.
Canada has pledged itself to finance the bulk of British purchases Canada, estimated at $1,500,000,000, declared the Canadian Finance! Minister, Mr. TIsley, in presenting Canada's third war budget yesterday.
Spesking of Britain's difficulty in obtaining Canadian "dollars." the Minister said that Britain's deficit in this connection was $795.000.000.. De-meet such a proportion of that. total deficit as Britain herself would be tunable fo meet by transfer of gold of United States dollars to Canada.
Mr. Tisley praised the new arrange. ment with the United States as magnificent contribution to our common struggle" At the end of the. fiscal year. Canada's balance of pay ments with the United States showed a deficit of probably $478,000.000.. Canada's tota) war hi: for, the taunting oh.aaigte 28 bran aadberbes owes URRLARIOTE Tit PON seal is estimated at Britain should be unable to, purchase '450,000.000. "Revenue reached the unvitally needed supplies in Canada be-precedented total of $871.571.000, and cause of a lack of Canadian dollars, the year's deficit was $996,056.600—the Minister said that Canada would Reuier.
Text read from the printed page and cleaned; old type leaves the occasional error.