Defeated, Returns To Business
Several months later, in the 1930 General Election, R.B. Bennett wrested power from King (notwithstanding Bennett's views while in opposition, the Dunning tariff remained in effect until renegotiated in the late 1930s). Dunning lost his Regina seat by over 3,500 votes (obtaining only two-thirds of the winner's total). Safe Liberal seats were offered to Dunning, but he turned them down, thinking that a business career would protect his family's financial future. He restarted his business career reorganizing an under-performing subsidiary of the Canadian Pacific Railway, thereafter establishing a reputation as a brilliant re-organizer of insolvent companies.
Read more about this topic: Charles Avery Dunning
Famous quotes containing the words returns and/or business:
“A mans labour is not only his capital but his life. When it passes it returns never more. To utilise it, to prevent its wasteful squandering, to enable the poor man to bank it up for use hereafter, this surely is one of the most urgent tasks before civilisation.”
—William Booth (18291912)
“My business is to teach my aspirations to confirm themselves to fact, not to try and make facts harmonize with my aspirations.”
—Thomas Henry Huxley (182595)