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ts number of increased, during that pericd, by over two hunâ€" Yet, during the three years in quesâ€" tion, the business of the Sun Life Comâ€" pany increased by nearly five hundred million dollars and its assets by forty-t.hree million dollars. The AAA)GK _ 1. JANALAALAL; â€" 1J JY _ _ 111*" creasing mortalitiés, produced a situaâ€" tion against which human foresight could scarcely provide. The financial catastrophe by which they were so closely followed created conditions that only the strongest institutions could withstand. ‘ FRY‘S Chocolate Fudge is deliciousâ€"make some tonight with FRY*‘S Cocoaâ€" These and other conditions during the past three or four years have subâ€" jJected life insurance companies to a most exacting test. ‘The war and the influenza epidemic, by abnormally inâ€" the assured could obtain only on the value of their policies to: meet the speâ€" cial exigencies of a distressing pericd. in a year when business statements are,â€"on the whole, {far from cheering the published experience of life insurâ€" ance niakes heartehing reading. While other investments have tco often provei disappointing, every policy held in our life insurance comâ€" paniles is still worth one hundred cents on the dollar, with substantial addiâ€" tions in accumulating dividends. The steady ficw of insurance funds into productive industry is one of the greatest mainstays of business today. But few realize the extent of this finâ€" ancial support in the. case of individuâ€". als. Payments to policyholders and. their dependants during the year, for instance, by the Sun Life of Canada, whose statement appears in column, climbed to cver $108.000,000. A portion of this représents money that Report of Sun Life Shows Very Satisfactory Standing THURSDAY, PEBRUARY 1933 ces css ies tm Make your own candy with pure sugar and Fry‘s pure Cocoaâ€"it‘s fun! â€" A big pan of wholesome, delicious homeâ€"made chocolate udge is easy to make and costs just a few cents. Fry‘s Cocoa, with its rich chocolaty flavoar, makes the finest fudge you ever tasted You‘ll be proud to pass it around. Follow this recipe carefully: RECIPE FOR FUDGE MADE WITH FRY‘S COCOA 2 cups sugar, 2 level tablespoonfiule Fry sBreakfast Cocoa, 1 tableâ€" spoonful butter, 1 cup fresh milk, pinch of salt, vanilla to taste. Mix sugar, cocoa and salt first ; tben add milk and butter and boil slowly ?about 15 mins.), stirring the while, until it forms a soft ball when tried in cold water. Remove from fire, add vanilla, then cool for three minutes and add chopped nuts (if desired); beat until stiff and pour into buttered pan. «*n The J uses for FRY‘ e enR hA udFty‘stoeohhSm M’ “ m e Hot Cocoa Drink @ Children‘s Drink ® Cakes and Puddings ""Fresh from the Gardens" ® Chocolate Sauce _ â€"Canada, by her efforts in conserving wild life, has saved from Extinction the buffalo, the musk ox, and the antelope, states the Fish and Game Department of the Canadian National Railways. Her most recent experiments in propaâ€" gating barren waters with game fish, which have met with pronounced sucâ€" cess in the stocking of Maligne Lake in Jasper National Park with trout, are expected to add materially to the fishâ€" ing territories of the Dominion. St. . Mary‘s â€"Journalâ€"Argus:â€"They were really after relief in Sturgeon Falls Other towns have just been playing at the game. CANADA HAS SAVED WILD m LIFE FROM, EXTINCTION The repcrt of the Sun Life refers to the â€"fact that the total: of its assurâ€" ances in forceâ€"nearly three billion dolâ€" larsâ€"will be payable during the present generation. If to this huge sum be added the amount payable during the same . period â€"by other insurance «comâ€" panies the wholesome effect up>on the economic and social situation in the coming years Ccan scarcely be overâ€" estimated. One explanation of the ability of an insurannce company to meet all its obligations under such trying condiâ€" tions is that its obligations are so scientifically estimated that it is able to provide for all expenditures out of ordinary revenue. This renders it unâ€" necessary to dispose of assets during a period of depressed prices, and makes the of security prices a matter of no special concern. dred thousand and now amounts to nearly a million. This resiliency under abnormal strain is both amazing and reassuring to the man in the street. 8@ Cake Icing Chocolate Fudge ® Iced Cocoa Drink made, particularly when it is recalled that time is a factor in bringing mines to the profitable production point. Governments can help mining deâ€" velopment in a number of ways, one of which is refusal to interfere too speculators are making a fairly good Job of cpening up the ctuntry‘s mineral} resources. Progress may act be as fas} as some people would like to see it but on the whole fair headway is being even a small share interest, in order to find mines. Behind all of these considerations, in themselves vital to even the chance of success, looms the cbjection to govâ€" ernmental projection into industry. We have some examples of governmental interference in business in this country, the Canadian National Railways is an outstanding cbject lesson. The people of Canada are paying over $20 per caâ€" pita per annum for this luxury. It is all very well to lay out a scheme which has only success as a possibility. It is something else again to consider the prospects of loss. Those who finence mining under the present plans do so in the knowledge that there is heavy risk involved. Mining investors and Complete failure to grasp the fundaâ€" mentals of prospecting and mining is a striking feature of the proposal. Mass prospecting has been tried on a limited scale, unsuccessfully, in this country. Mass production has certain well defined limits, even with gocd grade gold ores. Time is an important element in the developing of even a rich mine, as Lake Shore has proven, Prospectors require an incentive apart from that of a mere living wage or even a small share interest, in order this on hand should have been able to exercise more ingenuity than here disâ€" played and develop it to a point where it would at least be amusing. It is evident in studying the plan that it is a very stupid one and lacks not only commcnsense but imaginaâ€" tion. A group of men with an idea like The idea is to accumulate, through public subscription, an amcount of money about equal to Canada‘s national debt, for the purpose of turning loose a horde of prospectors, geclogists, engineers and miners to uncover, deveiop and bring to producticn presently unknown mineral deposits of the country. The quaint financial proposals include guaranteeâ€" ing ‘sharcholders four per cent. to be paid out of principal, until the comâ€" pany starts to earn, an illegal transacâ€" tion, by the way, a regular Ponzi proâ€" "The enormous capital attracted to the mining industry will still further reduce the chance of a failure by makâ€" ing it profitable to mine low grade ores which at present are regarded as worthless." - "Besides the assurance of a real run for their money investors will feel thaw the gambling element is largely elimiâ€" nated for the reason that mass exâ€" ploration, mass development and mass exploitation will produce the gold." Here is another example of loose thinking: The common stock to be classed as common stock in that it will not parâ€" ticipate in profits until 8 p.c. has been paid on the preferred stock. The comâ€" mon will share equally with it until the preferred has been paid the maxiâ€" mum dividends of 50 p.c., all further profits to go to the common stock owned by the government. All stock is to be absolutely free from taxation for all time to come. It is suggested also that with the government backing the scheme investors would be assured a square deal and capital would come in readily. Here is a typical paragraph in the proposal: The preferred stock would be a first charge on the earnings of the company and to bear interest up to eight per cent. and also to share in further proâ€" fits up to a maximum of 50 p.c. on the par value of the stock, ‘with the govâ€" ernment (or the company will guaranâ€" tee 4 p.c. to be paid out of principal until the company starts to earn, then the preferred stock. will bear interest up to 6 p.c.; after 6 p.c., to share in further profits up to a maximum of 50 p.c.) A company, tentatively named The Naticonal Gcld Company of Canada, to be organized, with a eapital of five bilâ€" lion dollars preferred stock and an unâ€" stated number of shares of common stock. The preferred to be sold in the. money markets of the world, a portion of proceeds to be used in acquiring such existing mining interests as may care to associate themselves with the scheme and the common stock to reâ€" main in the hands of the Government for all time. Gold Mining In January 12th issue The Northem Miner published an editoria!l referring to the remarks of Hon. Charles MoCrea anent the proposal of certain Niagara Falls thecrists to have the gcvernment enter the mining business. The editorâ€" lal commended the Ontario Minister of Mines for the soundness of his views in the matter. Mr. McCrea pointed cu: that the search for gold and the proâ€" duction of it were tasks to be left in the hands of private individuals and for the employment of private capital. The Northern Miner has received a copy of the propcsal made by a Niaâ€" gara Falls group. Upon close exâ€" amination it turns out to be even mors impracticable than at first suspected. It is really shooting at the moon. Here: are some of the features of the plan. The provintes to ‘transfer all crown lands and natural resources to the Doâ€" minion. Te provinces to> receive 50 per cent: of net revenue derived from development within such province. Unique Proposal in Regard to the Mine are always strange schemes propounded as cureâ€"alls, The Northern Miner reâ€" cently dealt with one of these schemes as follows :â€" In times of strain and stress there Scheme for Relieving Unemployâ€" ment and Curing the Depresâ€" Unique Proposal for Mr. and Mrs. 8. T. Smith and daughâ€" ters, of Toronto, were Timmins visitors use their explicsives and one of the partners went down the hanging ladder to get them. While he was away there was a caveâ€"in; the remaining man found AMimself locked in a tiny chamber, with the downward exit blocked and in precarious position because he could not tell whether more gravel would not roll in bury him; Nothing daunâ€" ted, he started working toward surface, shoving the gravel below him as he mounted. (It so happened that when he struck surface and pawed his way frantically out to solid ground he apâ€" peared at a point where surface workers were engaged. They were astounded to "Not long ago a visitor to a Quebec mine was being shown around the lower levels of a property by a shift boss and eventually arrived at a raise. The shifâ€" ter remarked that he wanted to talk to the men at work in it but after hesiâ€" tating for a moment remarked, "I‘ll talk to them from the next level above.‘" The two went up the shaft and then down a crosscut to what looked like a solid place, in the rock ficor and the shifter called, "Hey, Bill, how are you getting along down there? "And the answer came back from scmewhere in the fivor, ‘"We‘re O.K. Everything‘s going all right." The erâ€" planatison was that the raise was up to within twenty feet of the floor of the next level but the fractured condition of the rock was such as to permit the men to talk twenty feet through it: To anyone with any mining knowledge the risk that the workmen were taking with a mass of cracked material of that thickness above them was readily reâ€" cognizsable. If anything started to shove there was a hundred foot drop below. . Talking of raises the men who work in the asbestos mines of Thetford have developed special technique. Some of the workings there are overlain with as much as 100 feet of gravel and sand. It is sometimes desirable to carry the workings up through this overburden. So that when rock surface is reached two men will continue to work on upâ€" wards, without the use of timber, skillâ€" fully blasting out a vertical opening until ground surface is won. They have varying methods of working. One observer reports having seen two such experts driving steel bars into the sides of the raise, suspending a chain or wire ladder therefrom, lighting their fusss and then beating it for the level below. When the blast went off everyâ€" thing came down, of course, including the ladder and the bars. They mucked out the gravel and went up 2again. One day a pair of miners working under such circumstances were ready to "Itâ€" wouldn‘t do to take men off the street and put them to work mining underground, as some reckless proposâ€" ers of schemes for the relief of unemâ€" ployment suggest. Mining becomes an almost incrédibly skillful business in some of its phases. Until one has acâ€" tually seen what experienced men can and will do in underground workings it is hard to believe stories of stunts. Those men who put up skyscrapers have a breathless audience at times and it is not hard to make their work look spectacular. But the underground man, who may be working so high up from a possible landing place that a modern office building could be easily fitted into his particular crack in the rock, has few spectators. W. J. Gorman, who writes the "Grab Samples" column in The Northern Miner each week always has something _of special interest. In last week‘s isâ€" sue he has a few paragraphs about "Underground Skyscrapers," the title recalling what C. V. Gallagher, then reeve of Tisdale, said about the great engingeering work at Abitibi Canyon on the occasion of a visit there by a group of men from the South. "Wonderful!" "Stupendous!" "Isn‘t it wonderful!" These were some of the remarks made. Reeve Gallagher rather punctured thel bubbling enthusiasm by the remark, "Say, wonderful nothing! Why if the underground workings of the Houinger| were stuck right up in the air, it would make this big work look like nothing at all!" The reference by "Grab Samples‘" to the “Underground Skyscrapers is as follows:â€" Some Expertences in Underground Work Risks Taken by Miners on Small Propâ€" ~â€"_ pertiecs SCmetimes. About the Miner Who Dug Himself Out of the Ground Such plans as those of the Niagara group should not be taken too seriousâ€" ly, of course. Under present condiâ€" tions one can expect to encounter such wild schemes. As long as nobody in authority is affected there is no harm done. much with it. Under the proposal above cutlined the people of Canada would enter into direct competition with private capital and when such a step is taken the outcome is usually disastrous over a period of years. In the case of an industry like/mining it would in all probability result in disâ€" organization for many years. Standard Stack Min ol m e es Bank of Commerce Bldg h 226C Phone 701 P.O. Box 1239 . E. HALL | We ~suppose this Russian barter scheme cannot be kept out of politics, but at the same time it is a great pity for this country thit more people canâ€" not look at it from a purely business standpoint. To date, we have yet to meet one business man who would adâ€" vocate that the Government finance this scheme, whiéh cannot even boast that it has the sanction of the Russian Government. (Durham Chronicle) Hon. James Malcolm, former Minister of Trade and Commerce in the Liberal Government, does not often agree with a Conservative administration, but he is certainly in full accord with Premâ€" ier Bennett‘s action in refusing to finâ€" ance the recently proposed Russian barter plan proposed by some Winniâ€" peg promoters. Mr. Malcolm is quite out of step with some groups in the House who just now are crying that the Government‘s refusal is direct slap at the farmers. Placerâ€"mining. schools have been opened in some of the Western states These schools were long ago antic!â€" pated by the training given to mining prospectors under the auspices of the Ontario Bureau of Mines. The interest for us in this new devélopment across the line lies in the fact that it emâ€" phasizes the universal search for the yellow metal, which is accentuated by the international scramble for gold bulâ€" lion. Nations must have it as a basis for credit and currency whether they are on or off the gold basis. Hence the boom in South African and Canaâ€" dian mining stocks, the flow of Ameriâ€" can gold into this country for gold mining purposes, the increased producâ€" tion by cur established mines, the deâ€" velopment of new mines and ‘the wideâ€" spread search for prespects. GOLD BOOM .HAS REACHED CAPITOL ATWASHINGTON (From The Mail and Empire gress are tonsidering Federal approâ€" priation ~to aid states in organizing placerâ€"mining operations giving emâ€" ployment to thousands of men. Inâ€" undated by letters regarding the posâ€" sibllitles of making a living:by placer. mining, the Bureau of Mines of the United States Department of Comâ€" merce has issued a bulletin entitled "Gold Mining in the United States and THAT RUSSIAN BARTER DEAL IHE NEW CHEVROLET SIX is a real joy to drive Do you know the enjoyment of modern motoring? Have you driven the new Chevrolet Six? Two questions, yes â€"but their meaning is exactly the same. For when you take the wheel of this amazing new Six you‘ll get a brand new thrill! First, a fine feeling of pride. No motor car of previous years â€"no lowâ€"priced car you‘ve ever ridden in up to nowâ€"can equal the new Chevrolet‘s smart, ultra*>modern Airâ€"Stream styling. You‘ll marvel at the smooth, easy way it ridesâ€"get a real idea of what Chevrolet‘s new bigness, length and lowness mean in comâ€" fort. You‘ll vote its new Noâ€"Draft Ventilation indispensable. And you‘ll feel better behind its Safety Glass windshield. But most of all, you‘ll warm to this new Chevrolet for what it can doâ€"and the easy way it handles. It‘s a proved Six . . . smooth and quiet at every speed. It‘s Cushionâ€"Balancedâ€"â€" every trace of annoying vibration ended. It has that exclusive new feature, Startérator â€" you start by simply depressing the accelerator treadle. To its famous Syncroâ€"Mesh easy gear Timmins Garage Co. Limited with STARTERATOR" SIMPLIFIED STARTING with FISHER NO.DRAFT VENTILATION with SYNCROâ€"MESH AND SILENT SECOND Brampton : Conservator:â€"Newspapers are "head and shoulders‘ above any other advert.sing medium, according to Denton Massey,; Canadian industrialist, of Toronto, who recently addressed buâ€" siness administration and economic stuâ€" dents of the University of Western Onâ€" tario. LEGIONARY REPRESENTATIVE on VIsIT TO TIMMINS NOW J. Simpson, representative for The Legionary, the official paper of the Canadian Legion of British Empire Service League, is in Timmins this week and is busy taking in subscripâ€" tions for the journal he represents. Armed with the necessary authorizaâ€" tion from The Legionary and backed by a letter from Austin Neame as to his bonaâ€"fides he is collecting. arrears and taking renewals for the coming year. Mr. Simpson is a returned solâ€" dier who saw much active service durâ€" ing the late war. He visited Timmins and the North on previous qecasions, being here years ago in connection with the Air Force activities. Timmins, Ont. shift is added "Silent Second". New Octane Sélector gnves extra pep and extra mileage whether it‘s premium or lowâ€"test gas you use. Engine horsepower is stepped up . . . accelerâ€" ation made a matter of split seconds . | . top speed harnessed to new stability . . . brakes built larger. And with all this great performance there‘s new economy! Startling?â€"yes, the new Chevrolet Six is all of that! It‘s Made to for Canadiansâ€" the biggest value in Chevrolet history. l\ Take the wheel; see for yourself! rlllll.llll-l.ll'lllll'.l.l.l.l. This "Automobils Buyer‘s Guide"‘ tells about our recent survey armong lan molorists and provides information which you will find valuable in choosing your next car. Send coupon for free copy : Customer Research Dept., General Motors Products of Canada‘Limited, WHAT 40,000 MOTORISTS TOLD US THE CANADA STARCH CO. 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