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| | The Newfoundland Royal Commission, 1933: Newfoundland and Labrador Heritage |
 | | In November 1932, in the depths of the Great Depression, the Newfoundland government led by F.C. Alderdice let it be known that there would be a partial default on payments on the public debt, which then stood at approximately $100 million. |
 | | The British and Canadian governments were alarmed, fearing a negative impact on the already fragile stock markets, and thus on the credit of Canada and other British dominions. |
 | | It is one of the most important documents in Newfoundland and Labrador history, marking the end of 79 years of responsible government, the start of a 15-year political hiatus, and, some might argue, the beginning of the road to confederation. |
| www.heritage.nf.ca /law/amulree.html (776 words) |
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