Word: albertae
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...haired Brenda Carol and Beverley Lynn Townsend were born last November in the little hospital in the town of Tofield (pop. 800), Alberta, after a difficult, 2½-hour delivery. Dr. William Freebury had little hope for their survival when he saw that they were solidly joined (from the third rib to the navel), facing each other. A minister was called to baptize them when they were only ten minutes old. Their combined weight was 9¾ pounds...
...Worries. With Barnsdall, Sunray will have total assets-of more than $250 million, more than 3,400 producing oil and gas wells, and big leases in the promising new oil pools-Texas' Scurry County and Canada's Alberta fields. Floyd Odium himself thought enough of Sunray's potentialities to keep an option (until Dec. i) to buy 750,000 shares of its common stock at 12, about where it was last week...
With prosperity, the Social Credit philosophy did an about-face from starry-eyed radicalism to steady-eyed business. After ten years of defaulting on Alberta bonds, Manning recalled $113 million of the province's debts, issued new bonds and began backing his word with payments...
...Manning's most popular moves was his handling of Alberta's oil resources, based on his theory that the province as a whole should get the benefit of such a gift of nature. Few private fortunes were made on oil leases; the Alberta government owns most oil rights. Last year $13 million poured into Alberta's treasury from oil lease sales and royalties, and Manning earmarked it for such capital expenditures as roads, schools and libraries. Said the Premier: "When the day comes that our oil runs out, these benefits will remain...
Besides the whopping income from oil, Alberta's revenues in the last fiscal year (ended March 31, 1949) reached a record $57.5 million, and the government was able to finish off the year with a $7.5 million surplus. Manning now estimates that Alberta will be debt-free in 30 years...