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ELEGT NEW PRESINENT â€" OF ASSOCIATED BOAMROS (Continued from page 1) migration problem. In England, he said, less than eight per cent. of the population was engaged in agriculture and d4ess than twenty per cent. of the food required by Great Britain was grown within her boundaries. This eight per cent. engaged in agrieulturâ€" al pursuits meant, roughly, 300,000 pesple who depended on agriculture or their living, and these 300,000} ere by no means all farmers. If you e out those that are satisfied with hbome conditions and those who are not qualified for the pioneer work of a new country, it left a very small supâ€" ply of actual trained farmers for the farms here. He figured that married help from Britain was the best hopeâ€" **The best wives make the best husâ€" }ands,” he said. He outlined a scheme of farm eadets which was now being considered by Canada and Great Britain, by which 100,000 youths of sixteen to eighteen would ‘be enrolled and he distributed in cadet eamps throughout the country, each camp being a comâ€" fortable living house with a cadet master in charge. These young boys would then be hired out to the farmâ€" ers in the district where they would learn farming as it is done in Canada, and within the four years of their course become competent to take over BWirms of their own. These boys would ibe drawn from the grammar school elasses in England and Scotland. Young boys of that age who had finâ€" ished school found there was little place for them in the old land, and they required some direction, or they were liable to become drifters. He AnpREW WILSON 0 l'r HE MINISTER OF FINANCE offers to holders of these bonds who desire‘to continue their investment in Dominion of Canada securitiee the privilege of exchanging the maturing bonds for new bonds bearing 51 per cent interest, payable half yearly, of either of the following classes:â€"â€" While the maturing bonds will carry interest to 1st December, 1922, the new bonds will commence to earn interest from 1st November, 1922, GIVING A BONUS OF A FULL MONTH‘S INTEREST TO THOSE AVAILING THEMSELVES OF THE CONVERSION PRIVILECE. This offer is made to holders of the maturing bonds and is not open to other investors. The bonds to be issued under this proposal will be substantially of the same character as those which are maturing, except that the exemption from taxation does not apply to the Dated at Ottawa, 8th August, 1922. me of farm eadets ng considered by Britain, by which (a) Five year bonds, dated 1st November 1922, to mature 1st November, 1927. (b) Ten year bonds, dated ist November 1922, to mature Ist November, 1932. Issued in 1917 and Maturing 1st December, 1922. | wan I red thought the farm cadet seheme would be a good thing both for the boys themselves and for Canada. In speaking of the difficulty of clear ing land, as distinect from farming, Mr. Noxon placed the French Canâ€" adian first, the Sceandinavian 1 Sweden «und Denm tourin Boards of lrade of loronto, was very emphatic in his assertion that Northâ€" ern Ontario was the best part of Onâ€" tario for investment. Mr. Cockshutt drew a distinction between a farmer and an agrieulturist, A farmer was a man who madeAhis money in the counâ€" try and spent it in the city. An agriâ€" culturist was a man who made his moâ€" ney in the city and spent it in the country A great many people had talked of the cold‘in Northern Ontario of which they seemed much afraid,. If they wanted to be really cold, go to Great North Country, Mr. Cockshutt referâ€" red to the visit of the Board of Trade delegates to TIroquois Falls. lIroquois Falls, he said, was one of the model towns of the whole world. He referred also to the addresses of R. A. Melnâ€" nis and Mayor Vanier, who had pointâ€" ed out in concise and striking fashion, the real needs of this North Country. The land was the equal of anything in Old Ontario, but roads were badly needed if farms were to succeed. He agreed with Mr. Melnnis that capital expenditure in Northern Ontario was thebiz thing. Put capital into the business of development and it will return the investment in dividends later on. Borrow five or ten millions if necessary. Northern Ontario is the best market that Southern Ontario In referring to the possibility of thel N M r CONVERSION PROPOSALS ‘ockshutt, M.P., who has kheen the north with the Assocituted of Trade of Toronto, was very n the Teelandet rgees from NCc Prenclt speakin and has or ever will have. Even for selfish reasons the South of Ontario should see that the development of Northern Ontario was not delaved. FThat would be a very chortâ€"sighted policy. ers of would garden shortâ€"s roaldls. 1InNne 1oronio DuJard JL 1 lauc and other Boards in the Associated Boards of Ontario, he was sure were absolutely behind the North to a man, and would do all they could to see that the North got the money necessâ€" ary for its proper development. A prehminary session of the Assoâ€" ciated Boards of lrade was held on ciated moards o irade Wwas nNneld oi Thursday night to clear,up some of the smaller matters. On Friday evening and on Saturday morning the two important sessions were held. The election of officers reâ€" sulted in D. L. Jemmett, of Cobalt, being chosen President, with anthorâ€" ity to name his own secretary. John Clarke, of Englehart, was chosen Vice President. The chief matters of discussion wereâ€"roads, freight rates, mail serâ€" vice, an exhibit at the National Exâ€" hibition in Toronto, and gasoline cars on the T. N. 0. for loceal traffie. [t was decided that as the Associatâ€" ed Boards had done all they eould direct with the Government in regard to the building of a trunk road from North Bay to Cochrane, an effort would ‘be made at the Owen Sound meeting of the Ontario Associated Boards on September 21st to get their backing, with a view to ‘having some definite action taken by the Governâ€" ment. He painted riculture in Holders of the maturing bonds who wish to avail themselves of this conversion privilege should take their bonds AS EARLY AS POSSIBLE, BUT NOT LATER THAN SEPTEMBER 30th, to a Branch of any Chartered Bank in Canada and receive in exchange an official receipt for the bonds surrendered, containing an undertaking‘to deliver the corresponding bonds of the new issue. * Holders of maturing fully registered bonds, interest payable by cheque from Ottawa, will receive their December 1 interest cheque as usual. Ho!lders of coupon bonds will detach and retain the last unmatured coupon before surrendering the bond itseif for conversion purposes. UE t be exchanged for bonds of the new issue, in fully registered, or coupon registered or coupon bearer form carrying interest payable Ist May and 1st November of each year of the duration of the loan, the first interest payment accruing and payable 1st May, 1923. Bonds of the new issue â€"will be sent to the banks for delivery immediately after the receipt of the surrendered bonds. The surrendered bonds will be forwarded by banks to the Minister of Finance at Ottawa, where they will The bonds of the maturing issue which are not converted under this proposal will be paid off in cash on the ist December, 1922. call of t AaAt we nNna all this â€" £ the Lor hted to v 111 pe At the Toronto, and N. 0. for loc _ delaved. That would sighted policy. very bright fature for he North. If the farmâ€" he said could kee the have seen today, they ; North Country the ord. â€" It would be very withâ€"hold money for ronto Board of Trade THE PORCUPINE ADVANCE wWw. S., FIELDING, 44 c3 | Â¥] hJPR d was nelid 0N up some of irister of Firance. any alterations this year from the usual method of handlmg exhibits, it was impossible to have‘~a special exâ€" hibit this year. They suggested, howâ€" ever, that the matter be not dropped but that a new committee be appointâ€" ed to start work immediately with a whole year abead to try and get matâ€" ters properly arranged. A number of delegates who had been in Toronto at the Exhibition, declared that the exâ€" hibit of Northern Ontario including the District of Temiskaming, was abâ€" solutely a disgrace. Several said that they had taken visitors intending to show them what the North could do, and felt absolutely ashamed of the exâ€" hibit from the District of Temiskamâ€" ing. In viewof these facts the meetiutg asked the committee of last year to continue its efforts, the President to make any necessary alterations in the personnel of the committee. The gasoline train report was turnâ€" in by W. E. Simpson who was askâ€" ever, but t ed to whole line The meethig adjourned on Saturday noon in time to catch the National north and south. Before doing so, however, there were many expressions of thanks to the New Liskeard Board for its courtesy and generosity in enâ€" tertainment, and special mention was made of the splendid cooking of the ladies of New Liskeard which was evident at Ithe banquet. * lhe meetmg ad noon in time to north and south OFFICIAL REPORT OF THE WEATHER POR AUGUSTl The mean temperature of the month was 63.2, 0.9 above the twentyâ€"five year average. The highest temperature was 92.0 on the 15th. and the lowest 38.0 on the 5th. The extremes in the past twentyâ€"nine years (1916) and 30.3 in 1897. The rainfall in August totalled 1.59 inches, which was 1.30 short of the normal;â€"and _ with the exeeption. of 1899, with 1.14 inches, and 1914, with 1.55 inches, the driést in twentyâ€"nine yeats. Rain fell on nine days only. Sunshine was 260 hours, 3014 more to continue T 7/ a 2lz his work along these in3 > | WW“WMMW than the average, and while the cool weather early in the month retarded Aa WO“QMMOQW“WW“OOM gsrowth, the showers and the warmth it the end brought the crops on again. The grain erops appear to be very ©000080000000000000000000408®6 We oo es se s t 0000000000800900000000000020000000000046098% #¢ + QW“WOOQQ00“00“0““000“0000000: $ "WW ©40989089% FRANK BYCK p-.a...;-. TL:utl Avrn Q‘.!"A R;Pt‘l\ Ql’ 84888980046 A GIFT BEYOND VALUE Your Photograph â€" ;i Book, Stationery and Music Store 4 DOORS from GOLDFIELD‘S HOTEL on 4th Ave Next Advance Office Pine Street Auspices of PORCUPINE FAIR J . . T HU R S D A Y Golden CIIY september 28th Attractive exhibits of Horses, Cattle, Poultry, Grains, Vegetâ€" ables, Fruits, Flowers, Pairy Products, Home Codking, Pine Arts, etc. Large Prize List. Five handsome Silver Cups in competition. Races, Sports, Novelties, Etc. A big day of interest and pleasure for all in the district. ~Speâ€" cial bus, jitney and train service. Come to Old Porcupine (GoldenCity) for the Fair on Sent. 28th. TIMMINS ONLY PAOTOGRAPHER GEO. BANNERMAN, _President. . BROW NE the Porcupine Agricultural Society, at Porcupinege, I invite you to call and hear the beauâ€" tiful tone and see the superior workâ€" maAl s3 Model 65 ..> . 2 _ $150.00 Walnut, Oak or Mahogany soLD ON EASY PAYMENTS the close of the month roots w rood@. and harvesting was general In PLAY ALL DISC RECORDS PERFECTLY ship of the McLagan Phonographs Opposite Town Hall e a tair ave Next Dominion Bank Secretary, Porcupine P.0., Ont. J. W. YOUNG, PAUL A. COBBOLD otgatoes