Ontario Community Newspapers

Porcupine Advance, 18 May 1933, 2, p. 4

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There is an old proverb to the effect that foolish folks can ask questions that wise men cannot answer. Perhaps one of the kinds of questions referred to in the proverb is the one noted in some newspapers at the present time. "If you don‘t buy from other nations, how can other nations buy from you?" is one of the forms taken by this more or less foolish question. In asking this question these newspapers appear to imagine that they indicate not only the cause but the cure of the depression. They point with glee to the case of the United States as proving the point they seek to make. The United States, they suggest, has lost all its trade because it has ceased to buy from other people. The newspapers now specializing in this form of question used to have another one:â€""How can you get rich swapping jackâ€" knives?" Taking the two favourite questions together surely gives rise to many other questions. The trouble with all these foolish questions, however, is that if repeated often ecnough théy_gain a currency that gives them something of the standing of established truth in the minds of many. Perhaps, the best way to show the absurdity of the question about trade between nations is to make the query specific instead of general. For instance, put the question this way: "How can Canada expect to sell her wheat to Britain unless Canada buys her wheat from Britain?" Or this:â€""How can a tailor expect to sell his neighbour clothes unless he buys his own suits from the same neighbour?" The truth is that nations, like individuals, do not want to buy the same things that they wish to sell. In theory, each nation has surplus goods it wishes to sell, and there are also other goods that it may .desire to buy. The goods needed to be bought may not come from the same other nation to which it sells its own surplus. The trade of nations is just as comâ€" plicated as the barter between individuais. A medium for| the convenieut barter of goods between nations is as much< required as it is in the case of buying and selling among citiâ€" zens. What the questioning newspapers are fond of reâ€" ferring to as "freedom of trad?" will not right the difficulty of toâ€"day. Canada will not become prosperous by buying New Zealand butter or United States fruits, and leaving its own dairymen and fruitâ€"growers to starve for want of cusâ€" tom. There is no more truth in the statement thet no naâ€" tion can sell unless it buys than there is in the reverse idea that no nation can hope to buy unless it sells. The ideal condition, of course, would be one in which earh nation would specialize in the goods and produce for which conditions and resources particularly fitted it. Each nation would sell its surplus to nations needing the po<ticular lines proâ€" duced. Each nation would do its purchasing on a similar basis. Of course ideal conditions are rot to be expected in this world, but the closest approximation to such perfection will mean the highest degree of comfort to the world and to he individual nations. It is not so much "freedom of trade" t hat is necessary, as more reasonable ‘rade. There must be control ofm by the individual nations, and some restricâ€" l tion by the world at large. For instase, no nation of free | people desiring decent standards of ving can compete either groups in the community. Those who withhold support for the very material increases made in the taxation of the higher incomes are really working for the advantage of the "big fellows."" It is disgusting to note so many who are forever flaunting their supposed love and care for the "little fellows" deliberately setting out to make it impossible for the Government to give any relief to those with smaller inâ€" comes. The Government is evidently following a sincere and honest plan whereby there is increasing taxation for those with higher incomes. To deny this is to work in the interests of the "big fellows." measure of taxation, but that is not the immediate question. The point is this: that the Dominion Government hnas taxed the larger incomes in a way never before attempted. For this it may well be understood that the Government has won no favour from those enjoying good incomes. If in addition to the illâ€"will of the larger incomes there is added carping criticism of the "little fellows" the position is an unfortunâ€" ate one,. Those in receipt of larger incomes are at present making the welkin ring with their complaints about taxaâ€" tion. For the Government to be condemned by the rich for discrimination against them, while at the same time the less wealthy are asked to disapprove because the prosperous are not taxed enough appears to be nothing more nor less than a determined partisan attempt to score a point against the Government irrespective of whether it is fair or true. To pretend that the Dominion Government has allowed the rich to escape taxation is one of those cheap forms of falseâ€" hood that must delight the hearts of all inclined to the Boviet. If the Government is to tax the rich, they may exâ€" pect but indifferent support from that quarter. If they are not to have the support of other classes in the taxation of the rich, then there seems to be no surer way of assuring a larger measure of immunity for the wealthy. To falsely claim that the rich are toâ€"day escaping taxation is surely to play into the hands of the wealithy in any measures they may take to seek revenge for the burdens of taxation laid upon them. It is all very well to say that more and more taxation should be placed on those having income to pay it. But to meet unprecedented increases in taxation of the higher incomes with the insinuation that there is no increase is not only to be false to the facts but it is also to work against the interest of those with smaller incomes. There is undoubtedly a point where taxation will defeat itselif by becoming confiscatory. Canada has not touched any such point, however. When an income exceeds half a million even fifty per cent taxation leaves a good amount for the individual. Yet the Government that will set so high a tax deserves somz> measure of support. Indeed without some support from other classes in the community it can scarcely hope to maintain taxation of burdensome type upon any larg TIMMIN®, ONTARIO Members Canadian Weekly Newspaper Association; Ontarioâ€" Quebec Newspaper Association; Class "A" Weekly Group OFFICE 26â€"â€"â€"â€"PHONESâ€"â€"â€"RESIDENCE 170 Published Every Thursday by: GEO. LAKE, Owner and Publisher Subscription Rates: PAGE FPOUR Even on the income tax the percentage increases are itest on the wealthy." That is the statement made last k by a newspaper that has been assertive to the point in its suggestion that it has particular love care for the "little fellow." It is the same cheap type actics of the late reverend Woodsworths and the fair but air Macphails. The truth is that on the smaller incomes percentage for income tax is two and three per cent. the taxable income increases theâ€"nereentage of tax he.â€" She Yaorrupine Aduanes es rapidiy until incomes of $500,000.00 or more pay fiflty cent tax.. Never in the history of Canada have the r incomes been taxed as heavily as they are at the preâ€" time, It may be true that they might stand a larger ure of taxation, but that is not the immediate qauestion. QUESTION®S CAN BE ASKED rcentage for income tax is two and three per cent. taxable income increases theâ€"percentage of tax beâ€" heavier. Net income of $10,000.00 per year carries a ten per cent. One quarter of the income is taken as k on incomes of $40,000.00 or more and the tax inâ€" rapidly until incomes of $500,000.00 or more pay fifty it tax.. Never in the history of Canada have the ncomes been taxed as heavily as they are at the preâ€" s a | Is it worth while as | Do people or nal inâ€" |except in being ifty | things of life? the | Canada? Might Every dollar spent for the improper pampering of criminals at Kingston or elsewhere means a dollar less for the relief of honest and decent people. But see if the criminals care! Or if a certain class of odd folks, who always believe a crook‘s word is better than a judge‘s give a single hoot! have shrugged their shoulders and said:â€""Oh, well, if Toronto want to nay for that sort of stuff, that‘s the city‘s lookout!" But that is just where the joker comes in! Toâ€" ronto, it develops, does not intend to pay the costs of the longâ€"drawnâ€"out investigation designed to permit some men with records to tell what they think of the police. Toronto, it seems, intends that the province should pay the expense of a city muckraking that doesn‘t even interest the people of the province as a whole. This is surely a case where the province should exercise true econmy and flatly refuse to nav for an entertainment for a certain class of Toronto province s pay for at people. In many ways the city of Toronto is richly entitled to the prize cake or bun. For weeks past the people of the rest of Ontario have been disgusted at what seems to be a deliberate attempt to besmirch the name of the city police. People have st Toronto lookout! ronto, i Toronto has started a drive against the panhandlers. It is pointed out that the city is already providing for the relief of those in need, and that public begging is consequently unâ€" necessary, as well as a nuisance and an added strain on the resources of the people who pay taxes. The same applies to other towns and cities. The public should support the authorities in curbing the beggars and panhandlers who will present an unnecessary problem if aliowed to continue. The Toronto Star believes that three hundred years from now the only names of the present century that will remain in public memory will be:â€"Mahatma Gandhi, George Berâ€" nard Shaw and Signor Marconi. It is likely that the world will not forget Marconi in three hundred years, and getting one right out of three is mighty good picking for The Toâ€" ronto Star. The windstorm on Saturday was one of the worst that has visited the North in years. No serious damage was done in town, but there should have been. Right in the middle of the worst part of the gale one man stopped a friend on the street. "I believe there is ar election coming," he said. There are wissacres who solemnly assure us these days that loyalty to the old political parties is dead. But is it? For instance, recently there was a convention of the Liberal party for the province of Ontario. Arthur G. Slaght proâ€" posed the adoption of a plank to promise the people a freer system for the purchase of beer and wine. The party as a whole resolutely opposed the plank. Two Northern delegates are quoted as accepnting the situation without undue comâ€" plaint. ‘"We want beer," they are said to have stated, "but the party comes first."" When men will go without their beer for the sake of their party, certainly party loyalty isn‘t dead; indeed; it can‘t be even sick. Crea. He has kept himself aloof from the plots to depose Premier Henry. Hon. Chas. McCrea enjoys the fullest esâ€" teem of all in his party. He has the confidence and repect of the whole provinct. He is able, honest, sincereâ€"the ideal man for the place. As premier he could not only carry the election but he could assure the province of straight, fair, competent government. Much sympathy has been roused towards Premier Henry because there seem§ to be a plot to oust him from the leaderâ€" ship of the party and the goveérnment. Indeed, many people suspect there are several such plots. Despite the sympathy aroused, however, most people will question whether Hon. Mr. Henry can win another election, with the apparent disâ€" sension in his government and the different viewpoints of his party on his position. On the other hand there is equal dissension in the Ontario Liberal party. There are not enough men of weight or standing in the provincial Liberal arena now to assure a government by that party. To avoid any repetition of the evil days of the notorious Farmer Governâ€" ment in this province there will be general hope that a new leader may be selected for one or other of the two provincial parties. So far as the Conservatives are concerned there seems to be only the one choice in sightâ€"Hon. Chas. Mcâ€" to resign as leader of the Government and of the Conservaâ€" tive party. Hon. Mr. Lyons says that Premier Henry‘s posiâ€" tion in regard to the holding of Ontario Power Service Corâ€" portion bonds makes it imperative that the premier resign in justice to the country and the party. The effect of the letter from the present mayor of the notorious Sault has been to strengthen the standing of the premier in both the country and the party. In the meantime, however, it must be said that most people will pay tribute to the audacity of the gentleman from the Sault. There is surely a touch of huâ€" mor in the fact that the man who resigned from the Ontario Cabinet rather than forego sales to the Ontario Government departments should threaten to resign from the party unless the premier resigned his position on account of his holding a few shares in a corporation bought out by the Government. prosperity can Canada itself an Perhaps, Canada old question, "H« Hon. Jas. Lyons in a public letter published in the Liberal newspapers of the province has called upon Premier Henry If the North Land had never been discovered, what would the Ontario Government have toâ€"day on which to practice false economy? ;GRAVEL AND SANDâ€"AND PLACER stt l P L L L l BP P l lAAA AL nA :i e in i. ie ce ce ie . ce ts Snss termed luxuries. Ca hard to be sure of a and want present? " that there has been | world markets and r Canada and Canadiar about world markets benefit Canada and C on the one hand deliberate repud present world co ACIIIILMI 1UAUIGCS,. WOLllGO 10L NBVEC ) WOFTK AJQ hard to be sure of all they need. Why, then, are poverty ind want present? The answer seems to rest in the fact wlLhout the evis that in‘story shown to be inseparable from infla It may be noted that the present v that there has been too much thought of world trade and | Of gold is based on an agreement an world markets and not enough attention to the needs of Canada and Canadians. If Canada had been less concerned about world markets and more attentive to what would Canada and Canadians, would not conditions be better ere? Canada‘s greatest contribution to world progress and jrosperity can only come through the advancement of "anada itself and the happiness and security of Canadians. Perhaps, Canada has in the past heeded too much the silly )l1d question, "How can you get rich trading jackâ€"knives?" s it worth while to be concerned with simply getting rich? Jo people or nations really get rich in any permanent way, ‘xcept in being prosperou.%, happy, and seeking the finer hings of life? Isn‘t there enough and to spare for all in anada? Might it not happen that if there were more hought for building a good nation here, less mania for trade nd riches, the immediate effect would be better? Perhaps hese are foolish question, but at least these are not as silly can you buy unless you sell?" the leading nations of the world. * agreement or understanding was n many years ago to meet condition that time. There dsoes not seerm t any valid reason why a similar ag ment might not provide for a reâ€"va tion of gold toâ€"day to meet present ditions without injury to any but ther with benefit to all. It is true such standards should nct be lig altered or affected, that their real v lies in their stability. But this . not mean that theyare to be unalter like the laws of the Medes and Pers who perished under such laws. conditions must be dealt with, and consensus of opinicn seems to be the reâ€"valuation of gold will proi notable factor in allieviating pre untoward conditions in the world. A T nat M ling with a nation like Soviet Russia where there ‘s slave labour and on the other hand iation of debts. Much of the onus of the nditions may be traced to the evils of Soviet d e nappiest form of fy for clothing to assure ; workmen to provide f and child. There is : material factor in the worldâ€"wide depresâ€" Gold undue inportance given by practically Prog ign trade. To state the question in anâ€" WÂ¥ enough food in Canada to give every happiest form of full stomach. ‘There )r clothing to assure all the best of garb. vihce hs ‘orkmen to provide for all the needs of reâ€"valuat ind child. There is enough wealth here ers will c of people even most of what may b¢ |by meth ainadians would not have to work too | without all they need. Why, then, are poverty | shown to The answer seems to rest in the fact | It may b too much thought of world trade and | Of gold is not enough attention to the needs of | the leadi ins, If Canada had been less concerned :f:;im:; s and more attentive to what would that ti}m Canadians, would not conditions be Detter | a ww walit~ On sev wrong in making a yellow metal a more useful servant. "Let us apply our old friend "reductio ad absurdum" to the problem. We drop gold from $20 an ounce to $10; what happens? â€" Immediately all the mines close down and presently there is not enough gold to carry on even half the present depressed world business. The "If one has any doubts about the efâ€" fect of new gold mines upon world welâ€" fare, history should be read. The Conâ€" quistadores, bringing back to Spain golden plunder from the newly found Americas, pulled Europe out of darkâ€" ness and raised the standard of life three times over in a century. The Rusâ€" stian gold developments in the early part of last century, when that country was the world‘s largest gold producer, helpâ€" ed to monetize the use Oof steam. Gold discoveries in California and Australia promoted widening employment of meâ€" chanical discoveries. It is safe to say that many of the mechanisms which we use without thought in our daily life, would still be laboratory toys if it were not for the diligence of the prospector and the miner in providing more and more gold for utilizaticn behind the gold standard. FPinally mechanical proâ€" gress cutran the gold miner, and we must do now what the world has dons many a time beforeâ€"set gold at a new level. There is really no reason why people should shy away from this proâ€" prices of all commodities fall still furâ€" ther. In the vidlent ajustments to bring costs down to the new levels, _ "But finally the gold standard snapâ€" ped back, like a piece of rubber, to a _more normal point of elasticity. That happened first in September, 1931, with a second snaphback in April, 1933. The world simply requires a new gold stanâ€" dard if civilization is to progress, if we are to come to enjoy in increasing bounty the blessings of human ingenuâ€" ity. We cannot continue to grow, and mine, and make, at a volume within a generation greater than in all previous time, unless we establish the means of exchange upon a new basis. Therefore, an ounce of the metal will be revalued in terms of money. "Revaluation of gold will have exactâ€" ly the same effect as the finding of a tremendous new goldfield; $30 gold will add $250,000,000 a year to new gold supâ€" plies. This is the annual production of the Rand. The development of the Rand provided the monetary basis for the physical expansion of the past genâ€" eration. We must find a new Rand or the world stands still, cr worse, goes back. "The gold standard has remarkable elasticity; it has been stretched, and again stretched. That it is has stood the strain for so long is evidence that it must be included among the most effiâ€" cient of inventions of mankind. "Think of the tremendous advance of the past generation, ‘@and then think of the tremendous strain that has been placed upon the gold standard in "finâ€" ancing" all this wonderful expansion, this marvelous mechanical development Remember, too, that when the present gold standard came into effect in Great Britain in 1816 even the railway train was unknown. ‘"The thirtyâ€"three years of this cenâ€" tury have witnessed a greater producâ€" tion of metals than was seen in alt previcus time since the dawn of manâ€" kind. In less than forty years the proâ€" duction of metals vital to present day civilization has increased in Canada and the United States tenâ€"fold per capita. What we know to be true of industrial metals we have no doubt is true of other primaries that enter into the things and articles which make present day life what it is Imagine a world without automobiles and the vast systems of smooth highways created for the motor car; imagine a world without radios, and all the cther means of inâ€" stantaneous communication; imagine a world that considers electricity only a plaything for amateur experimenters, and then try to conjure up a picture of what life would be if it were sudâ€" denly deprived of all the things that are today commonplaces. ditions wilhout injury to any but raâ€" ther with benefit to all. It is true that such standards should nct be lightly altered or affected, that their real value lies in their stability. But this does not mean that theyare to be unalterable like the laws of the Medes and Persians who perished under such laws. New conditions must be dealt with, and the consensus of opinicn seems to be that the reâ€"valuation of gold will prove a notable factor in allieviating present untoward conditions in the world. The fact that reâ€"valuation of gold would ‘be of notable value to Canada to Ontario, to the North Liand, need not necessarily prevent the people of this country from giving it hearty supâ€" port. The special value to this country is only an incidental matter. The rea: question is whether it will benefit the world in general. Not only does The Northern Miner believe that reâ€"valuaâ€" tion will be beneficial, but rather that it is absolutely imperative and recovery will ‘be delayed until it is done. The Northern Miner in an editorial article last week says:â€" sal. > There | Thinks Revaluation of Gold Essential ©=®s On several recent occa vance has suggzested tha reâ€"valuation of gold by t ers will carry all the be: by methods of inflatio; The World Simply Requires a New;'rh Gold Standard if Civilization is to ; an: Progress." Ounce of Gold chi Must be Reâ€"valued in api Terms cof Monev. | an» in our daily life ory toys if it were of the prospecto: tha M innerently nmetal a more ehind th anical pro r, and w has don i at a ne\ promise currenc rue that ) lightly ‘al value iis does 3 j #1 1A NA Try The Adv "As we have said, reva would be tantamount to of a Rand has ont t+a rar modern â€"re mothered $ a figure m tion‘s curre tunate ally is not hide man filled crusader. equival money an coun volume 1e numix ‘ on We kind ngâ€"headed England sees what is | , g. She is not paying what is the‘ ilent of approximately $30 for her' y in world purchasing power for C nce of gold, and paying it in large I e, unless convinced that the world have a new deal, new gold stanâ€" Since finding two years ago that old standard was inadequate to ‘n requirements, England, who ‘red $20.67 an ounce, is fostering ire more appropriate to civilizaâ€" current needs. She has as forâ€" t es h Pm 0 0 o t 0 9m *4 50 m GRASS SAEED + MOTHER‘S BISCUIT MIX VICTORY ~Swt. Mixe Must‘d Raisins â€" "27° PICKLES ... 45 Sherrif‘s Orange Marmalade OLIV ES HEDLUND‘S QUICK DINNER No. 1 tin 23¢ S PECIALS Chuck Roast of Beef Fresh Spare Ribs Blade Roast of Beef is Fresh;Made Sausage S s Hamburg :z SALADA ~25§ Chateau Cheese LUX â€"~ S8OAP » No. 1 Creamery {‘b‘ PORK â€" BEANS CORN SYRUP © OXYDOL A Little goes a long way \‘ \\'\\."nl'\\ \\\ stt hb h fol Lb d dbA d HLHM':’:M///I/ '/’ ’ ‘/ } \ I ~ , //// /m MEATS...FRUITS, = ; e .-".L’M o e m n >$20.67 an ounce, is fostering Ore appropriate to civilizaâ€" ‘nt needs, She has as forâ€" an American president who bound to tradition, but is a with the ardent zeal of a BAKING â€" | _ q gr1y<ar rowprr â€"â€" LUX ance unemployed, at presen the United States, be s. The number of peo lief in Canada. now 1. Want Advertisements Damino $10 an ounc Ck calamity 18A V ) uller »lution Progress Report Made by _ ul | indicate the Buffalo Ankerite Mine‘ . ; OofI Cperation. In addition to carrying on a large programme of mine develâ€" opment, changes and improvements have been made to the mill. Broken ore in the stopes exceed 25,000 tons, and the mine manager estimates two and a half years‘ ore in sight above the 600 foot level. Preparations are being made to sink below the 600 foot 12e company alue of $347 xchange pre me 1 ing C Buff Xim vement ove cperation. jar 25¢ kz. 35c k_. 35¢ IMPERIAL BANK OF CZNGDU [:/'(’, Pkg. BR3 TIMMINS . * sOUTH PORCUPINE 1 as Ankeritd ¢ O“YQUR WIFE AND YQUR.‘F ge indebt $12.364 as T ol16, exclusive of p ‘mium on the abo $51,956, making t roduction $399,472 ere about $341,500 Fragile r the first : In addition gramme of U amsunts mine ar nditions show ‘ first vear‘s p CALAY SOALP : â€" _ ~ .« > DOMINION PEAS â€" â€" BAYSIDE PEARS, Light 5yr Chase Sanborn‘s Coffe umed Pimento " No. 9 Jar C Stu fed A ns Sli Selected Side 8 nas May 1 above )ld to the premium hiere Sliced 1t C ted Side uk >] rown or Bechive No. 5 tin Clark‘s 10 "ms m Alaska leed W aters Many husbands and wives have found that the privilege of joint banking extended by Imperial Bank of Canada is a very real convenience. Under this joint account privilege, either one of two people may deposit or withâ€" draw funds. by vour by your prop ried and have on an messag "‘Thi: sands of She is su; in this nc to marry [ » 100 3 .250 The girl marry the : The man cal . 90 25q ; . Te Lar ge H. C. SCARTH, F. E. COOPER, suppC Pk'g ;\'0, 3 T ins 8 up ip oit drte m: ronit drmmgr * ‘The aA3¢ 15 ¢ 4. D C 1 by a girl thou«â€" e United States. the prettiest girl and is prepared ) eats this egg." "T‘ll marry you." ‘ "I am Hattered Manager Manager vas the winâ€" eth nining and orsity, Kingâ€" lation No. 1 to ~anvther Robort A. 1 an address tlkfma Tho 91

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