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Encyclopedia > Ontario Bond Scandal

The Ontario Bond Scandal was a scandal that hit the government of Ontario in the early 1920s. A scandal is a widely publicized incident involving allegations of wrong-doing, disgrace, or moral outrage. ... Motto: Ut Incepit Fidelis Sic Permanet (Loyal it began, loyal it remains) Other Canadian provinces and territories Capital Toronto Largest city Toronto Lieutenant Governor James K. Bartleman Premier Dalton McGuinty (Liberal) Area 1,076,395 km² (4th)  - Land 917,741 km²  - Water 158,654 km² (14. ...


Ontario had been governed by the United Farmers of Ontario of Ernest C. Drury since 1919. In 1922 a scandal broke out over the purchase of government bonds. It seemed that Peter Smith, the Ontario Treasurer, had given a close friend of his, Andrew Pepall, lucrative payments to travel to London to secure better financing for Ontario's debt. The original outrage was that Pepall had been paid the then large sum of eighty dollars per day for the trip, in which he did hardly any actual work. The United Farmers of Ontario (UFO) were the Ontario section of the nation-wide United Farmers movement that arose in Canada in the early part of the 20th century. ... Ernest Charles Drury (January 22, 1878-February 17, 1968) was a farmer, politician and writer who served as Premier of Ontario from 1919 to 1923 as the head of a United Farmers of Ontario - Labour coalition government. ... The clock tower of the Palace of Westminster, which contains Big Ben London is the capital city of the United Kingdom and of England. ...


The scandal escalated, however, when it was discovered that a portion of the commission for the bond contracts had found there way into Smith's bank account. Andrew Pepall's firm, owned by Aemilius Jarvis had earned some 130,000 pounds in profit from the arrangements, and these profits had been divided among Pepall, Smith and Jarvis. The scandal played an important role in the fall of the UFO government in 1923. ŝNORTH AMERICAS GREATEST FRESH-WATER SAILOR - AEMILIUS JARVIS (1860-1940) ACHIEVEMENTS; He sailed alone around Lake Ontario in a tiny dinghy. ... 1923 was a common year starting on Monday (link will take you to calendar). ...


The next year Jarvis and Smith went on trial. Also charged were Jarvis's son and Andrew Pepall's brother Harry Pepall who were accused of playing a minor role in the affair. The verdicts were handed out on October 24, 1924. Jarvis and Smith were both found guilty of conspiracy to defraud the government. Jarvis was sentenced to six months in prison, Smith received three years. (The Globe, Sat., Oct. 25,1924) They were each fined 600,000 dollars, then the largest fines ever demanded in the British Empire. Jarvis Jr. and Harry Pepall were found not guilty. Andrew Pepall had fled to California. At that time conspiracy was not an extraditable offense, and he could only be brought back to Canada to face charges of theft and bribery. He was found not guilty of these in late 1925. October 24 is the 297th day of the year (298th in leap years) in the Gregorian Calendar, with 68 days remaining. ... 1924 was a leap year starting on Tuesday (link will take you to calendar). ... The British Empire in 1897, marked in pink, the traditional colour for Imperial British dominions on maps The British Empire was the worlds first global power, a product of the European Age of Exploration that began with the global maritime empires of Portugal and Spain in the late 1400s. ... State nickname: The Golden State Other U.S. States Capital Sacramento Largest city Los Angeles Governor Arnold Schwarzenegger (R) Official languages English Area 410,000 km² (3rd)  - Land 404,298 km²  - Water 20,047 km² (4. ...


  Results from FactBites:
 
Ontario Bond Scandal (318 words)
The Ontario Bond Scandal was a scandal that hit the government of Ontario in the early 1920s.
Ontario had been governed by the United Farmers of Ontario of Ernest C. Drury since 1919.
The scandal escalated, however, when it was discovered that a portion of the commission for the bond contracts had found there way in Smith's bank account.
  More results at FactBites »


 

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