others want. It is bad business to have a greater supply of any kinds of goods or services than people demand or can that to get the money necessary must provide gcods or services that {0o the th: Much as the heart and the lungs and the circulatory and digestive sysâ€" tems of a human being keep up their work without a conscious supervision from the conscious mind of the indiâ€" vidual, the esonomic system has ir the ages acquired a â€" selfâ€"regulating automatic power of adjusting itself to crises and needs. Just as a man would be able to do nothing else if he began to supervisse consciously the hegrtâ€" beats and lung movements and digesâ€" tive prozsesses, it is equally undesirable that governments should try to conâ€" trol the heart beats and the breathing and the formative and distributive proâ€" cesses of the economic system. They have their job ito do in maintaining Ai or gFovernment empiloyess. Roosevelt, for instance, thinks that the process should bse made to yield every workser and every producer a living wase at least, To secure that end he would police all the multitudinous exâ€" changes of goods and services in order to divert purchasing power to the inâ€" dividuals who have least of it. It is the reversal of the cld "survival of the fittest" idea. In practice the idea is that none shall starve, none shall go cold, however unfit and ineffective, and if anyone is dissatisfied or unâ€" happy about the results the blame should go to those who have been most successful. They send the kind heart and the vigilant brain driving together on an unknown road and tell the latter to go to sleep in the back seat. cops at Every crossroad of business to take toll and decide cn the value of services and products. In democratic countries, toc, there are increasingly influertial groups who are not comâ€" munists and who are not Fascists, but who believe that the law of supply and demand as the natural regulator of production and prices needs co..â€" stant assistance from elected persons or government employess. Presiders; There is toâ€"day in every land a school which would have the governâ€" iment put a finger in every pie, start and run or regulate every enterprise. and be represented by redâ€"tape traffic cops at every crossroad of business to e@ey war Finane Every hon Present System in Need of Coâ€"operation "Key to Situation in Balâ€" anced Exchange â€" Relaâ€" tions," Says National City Bank of New York he aid of money xchangze." odu more rewa icted to take. Ever 1 ‘elt, for instance, thinks that the s should be made to yield every and every producer a living it least, To secure that end he aif d i supjm»y and dc those who want the refort quickly or rot at all ieaple Do What They should No odud STOCK BROKERS Timmins, 19 Pine Street North Toronto Kirkland Lake 293 Bay Street 34 Government Rd. Doherty Roadhouse Co. (0O do in maintai r and in every way e and unimpeded cts and services. ] and services which | er: they are exchal with money as the we have. The problem us is to make or own A€ Market Quotations broadcast each day at 12.20 noon and 5.230 p.m. National City Bank *"The key to prosâ€" ed ~exchange relaâ€" ident and nis adâ€" with business why the working of and demand does lirst, money that monsy, (quU Direct private wires for fast and aceurâ€" ate quotations and executions in all ind, sut in ‘mplex and Acourate Markets and Executions in ariyv AY Commision basis only Local Phones 1200 and 1201 _ exchange© as the meâ€" enough toâ€" of us could Members foronto Stock Exchange would get The prinâ€" it in operâ€" e reforms AI Unlisted Stocks S. It 13 ch have BrVvIces , and suffiâ€" d serâ€" Mining Stocks Industrial and Public Utility Stocks Bonds never OW with asSs the same service, it was expected that outgoing and incoming loads in Decemâ€" ber would total 70 tons. A record for a mailâ€"isad carried by any one aircraft was made by the filyâ€" ingâ€"boat Caledonia which carried five toms of Christmas mail from England to South Africs. With the Cambria in ers make frequent flight between E: land and Bahrein. Imperial Airways gives evidence 0‘; Hydro Ei the utility of air transvort in the openâ€"| would nc ing up of commercial enterprises by reâ€"| at any pj ferring to the development of Persian| comment Gulf coilfields at Bahrein. Executives,| the chan technicians, engineers and skilled workâ€" would Winnowed oui irom thne mass of staâ€" tisties which TCA officers read as they prepare for the inauguration of th> Canadian service this year are many interesting facts about the rapid deâ€" velopment of air transportation the world over. C. R. Smith, president of the American Airlines, has been quoted on "the growing acceptance of air transportation as a vitally necessary tool for modern business." Air service, he says, has a definite value in dollars and cents to the business man. His words are borne out by increased shipâ€" ments of freight by airplane. Such things as oysters going from Chesaâ€" peake Bay to the tables of Honolulu in 39 hours are becoming commonplace. Imperial Airways gives evidence o‘ the utility of air transvort in the openâ€" Montreal, January 5..â€"In the year Just closed, 1,320,000 persons travelled by air in the United States, according to reports at Transâ€"Canada Airlines officcs here. This is 16 per cent. over 1936. groups. Lessening the number of farâ€" mers will raise the buying power of those remaining, and ‘this will react upon the industries of which they buy, restoring the system to order. ‘"‘The per capita consumption of fcod preducts is necessarily limited, and the rate of population intcrease is declinâ€" ing. Moreover, the population increases faster on the farms than in the cities. These facts show the futility of plans for maintaining a proportional inâ€" crease of farm populatior, or of farm production, or the parity of prices unâ€" der such conditions. The farm probâ€" lem cannot be solved by such planâ€" ning, No one will increase his conâ€" sumption of farm products simply to increase the average farm income, even though an official board shall dezsids that this should be higher." 1,320,000 Travelied by Air in U.S.A. Last Year "The industries sell to each cther. and can do so only when buying powser is in balance, which means that proâ€" duction and prices are in right relaâ€" tions between the principal groups of the system. If there are too many farâ€" mers their earnings will be low and their buying power low, which will daâ€" press the buying power of other groups. Lessening the number of farâ€" mers will raise the buying power of those remaining, and this will react the unsatisfied wants of the people. Only by a prosperous state of indusâ€" try can the farm problem be solved. Hence it is essential to farm relief that the policies towards industry be such as will encourage growth an development. For example, the rem:â€" dy for the distressed condition of ‘shareâ€"croppers‘ in the South (or farmors in droughtâ€"stricken districts ‘n Saskatchewan and Alberta) is more inâ€" dustries thers, which will take the surplus numbers from the fields, diâ€" versify employment, and raise the stanâ€" dard of living by increasing the proâ€" duction and consumption of needed goods. | Prosperous Industry Solves Farm Problems To the question, "If there are too many farmers, what shall be done with them when all the industries are reâ€" porting unemployment?" the National City Bank replies: "Ways must be found of expanding the industriecs which have unlimited possibilitiee in everybody wants and must have, doâ€" clines rapidly in price if there is so much of it that no one feels himself to be in danger of going hungry. __ Until these last few years people got out of a business when the pay was low and in‘o lines that paid better. That helped to restore balanced exâ€" change relations. A farmer shifted acreage from one crop to another when better prices attracted him, but when there are too many farmers all farm prices are bound to get low. A Ict ot‘i people have to get out of farming in such a case and the Roosevelt proâ€"| gramme of always giving them theix" price whatever happers would Lhusl tend to keep up an unsconomi: situaâ€" tion. Try The Advance Want Advertisements the varous than theose not take a and wouldn D¢e consIGCrE Hydro Eiect made ductio one C told t towi:~ secure power as cheap the Northern Ontario addition, only those who are able can claim that the powe: is not treating its customers rates being reduceod from tin material cppositi the Northern On chise, with reduc: This is only reaso byâ€"laws in the matter by propsrly (and literally) te whe‘ming majorities. The Liskeard was 351 for the only 7 against. Whils th between the years ard way bury was smaller by 3 than keard, it would seem that was equally clos> to unanin proval of the Power Cornr franchiss. _ At Haileybury 305 votes in favour of ths chiss, with 14 against, an ballots. To achieve this Haileybury people must ha intcrested in the matter. suggest that, though New the larger town, there were vofes cast in Haileybury t keard. In neither town ws Overwhelming Majority Given the Power Byâ€"laws Haileybury : wesek showed t Power Co. fra grade preducticn to large amout fed to the mill. New Record Set by the Production of Bidgood Current rumours that Bidgocd Kirkâ€" land Gcold Mines, Kirkland Lake area. was in financial difficulties have been denied by offizials. Mine and finanâ€" cial condition are in good shape, with cperations more than payinz their way. Production for the month of Decemâ€" Ber reached a new peak of $42.792 from of 4.377 tons, for average récovery of $9.78 rer ton. November cutput â€"was $31,887 from 4,230 tons. with average recovery of $7.54. Inw. further up in the raise an: direction. Other crosscuts advar morth were the 302 east, 1 30 feot averaging $11.96; for which values and wid completed at the end o7 at Tt ind the 318, m iveragzging $6.07. Kaise from the 308 crosscut to th crosscut was completed, with in: tions the rais2s was close to the side of the crebody. Drill hole about 35 feet above the 3G0â€"foot to the west showed 38 feet or ore : aging $17.60 with four high values This is one of the best‘soctions of ever assayed on the Preston prop Second hole is being dGrilled 35 further up in the raise and in the s and drift width Raise from th crosscut was Cc tions the rais> $p4.00, D ind dri 1 Y 10 Seven more diamond drill holes, comâ€" prising 1,164 feet of drillirg, were comâ€" pleted in the current expioratory camâ€" paign at Preston East Dome Mines, Por:upine Cistrict, durinz Docember, while 574 feet of drifving, erosscutting and raising was done. All drilling was ‘one from the 200 ard 300â€"foot levels. Two interesting results were obtainâ€" d from drilling. Hols Uâ€"44 showed Progress Report of Preston East Dome Hcole Uâ€"43, west frc egt north of the mai urned two sections 0 4.27 and 26 feet ru Jâ€"46 and Uâ€"48 wers he end of the month. Eturned nothing. new The 301 north driv: was extended 26 2r, and two ore zon Drilling, Drifting, Cross-'[ Cutting and Raising Done. Lone from the 200 ard 300â€"4: Two interesting results wer d from drilling. Hoels Uâ€"4 vidth of 34 fest assayirg $5.5 idditional 5 feet runring $i6 reenstone of the footwall. I lrilled southwesterly from Irive west on the 200â€"fcot lev harp Cip downward and e ibout 225 fest below this jev ‘8‘s feet of core show>»d goo d, fir 1 the en UIm Hai t w‘ Of | ith ; et of core s n, and, whi i reducged rates for y reasonable ard source could *eiths It fo towns in as low or lower offered by those who would the i0n t have to take a risk now franchisse in Novembe in v 1082 TC unanimous in apâ€" e Power Company‘s new At Haileybury there were faveur of the new franâ€" 4 against, and 4 spoiled W 1 against, hieve thi jle must 1 l2 matter ury R there is commercia section. ‘est from 301 north he main darive west I‘C ‘youry than in Lisâ€" town was there any NC ew Liskeard last ilarity of the new _by carrying the er by what may y) termed "overâ€" The in New idvanced in the ast, which showed .96; the 316 east, widthns were not f 24 feot runr nninxy $4. H not reported T wo other h OHN nsum re unreasonâ€" wer company Ts fairlyv, the were encou averaging $5 S â€" Las d good miner says wore low e been very The figures Liskeard is fifteen more V â€"1a W diffe dillerence at Haileyâ€" it New Lisâ€" Haileybury 4,230 tons, $7.04. Lowâ€" ber was due ‘ut to the 212 with indicaâ€" i1l C1A $5.58 and an $i16.80 in the Hole Uâ€"45 of these as from In east hole from ird last the new ing the at may © Tunnin $4.â€" Hols: bu 300â€"f00 ncount Y franâ€" ricity. From OI COCr operty WA Un THE PORCUPINE ADVANCE, TIMMINS, ONTARtO l Y na up | a t rRre ii1IgGILIL 1O COCNArAaAnNne. From Cochrans he went by T. N. 0. and C. N. R. to Toronto The party at Great Whale River will remain there for another season Supplies will be taken to them by aeroplane. They were left in good shape and would not suffer until ther? was ample time for them to be taken supplies. "The Russian KK1" was a man of gigantic size, the type which Jack Lonâ€" don or Robeart Service loved to write about. A frank adventurer, living unâ€" der his own peculiar code, he brought to Kirkland Lake in the early days somcthing of the old rcughâ€"andâ€"tumâ€" ble of the Yukon and Alaska. Actually a German by birth, he talked very good English, but was always reticent abcut his personal affairs and past history. It was known, however, that he had at cne time been in Mexizcc, while here in the North h» stayed only a short time in Ccbalt before coming to Kirkland Lake abosut cleven vears ago, and travellirg this and other fields as a prospector. Lozal talk has t that at one time he refused .$500,000 for a proeperty on Labyrinth Lake, near Larder, where there was said to be The "Russian Kid" Died _ Last Week at Val d‘Or, Que. * Mike Me IIT -18 Vv.. snown ICr many years throughout the North as "The Russian Kid," is dead. He died Sunday at Val d‘Or of pneuâ€" monia, and his bedy passed through Kirkland Lake Wednesday to be laid co rest by relatives in Portland, Ore. Mike Metie cf Val d‘Or was a brotherâ€" mizan and so enjaved fresh meat They also caught fish along the way including whitefish and brook trsout Eventually they reached Mooson: where arrangements were mada t+n caonr |with him when the motor was put out |of commission through a rop» becoming entangled in it. When the motor of the Peterborough canoe ceased fire the mon were in danger of drifting to Bealcher Islands. Eventually they made their wa‘y to land. but were in danger of ultiâ€" mate starvation on account of the loss of foodstuffs and supplies. Norrington volunteered to make his way to Mooâ€" _ Sonee so that focdstuffs and other supâ€" plies could be sent in to them. With a halfâ€"breed giluide named Roderick Mcâ€" Donald and an Eskimo for companions, Norrington set out for Moosonee, traâ€" velling by dog team. It took five days to make the first 40 miles, and another 21 days to make the balance of the 300 tmwiles to Moosonee. The chief trou‘s‘e they had was the breaking through of the ice, the men, dogs and load being frequently ducked in the cold water. Provisions on the trip were chiefly hard tack, seal liver and roast seal. The partiy ran into several big flocks of ptarâ€" e Cciaims What wa Henry Norrington, prospector, and mining promoter is back in Toronto after an epic trip from the Hudson Bay post at Great Whale to Moosonee To secure aid for his seven companions who wersa in the wreck of their boat Henry. Norrington and Guide Make Epic Trip for Companions in the Arctic Travelled 300 Miles for Aid in the North A. R. Harkness, accountant of the Marshallâ€"Ecclestone firm, was called last week to Iroquois, On:., on ac:cunt of the sudden death of his brother. Mr. Harkness left on Friday to attend the funeral of his brother at Iroquois. A very enjoyable bridge part‘y an linen shower, in honour of Miss An: Seott, who is to become the bride c Mir. John McLesan Grady. on Friday o this week, was held at the Badminto: Club on Saturday afternoon by Miss> Margarct and Kathrine Morin. Twen tyâ€"four guests were present to honou the brideâ€"toâ€"be and to wish hor {utur happiness. A delicious lunch was sorvy ed. Mrs. Morin and Mrs. Scott pourin: tea. The winners at bridge were ist £s Exelyn Scully, of Schumacher 2nd, Miss Mary McLaughlin, of Tim mins, gid consolation, Miss Evelyn Anâ€" derson, of Timmins. Miss Scott was th recip.ent of from her fri A. R. Harkness Bergeaved by Sudden Death of Brother Another Pleasant Party in Honour of Miss Scott hoy where howin B lan KK" was a man of the type which Jack Lonâ€" Tt Service loved to write ink adventurer, livinzg unâ€" peculiar code, he brought Lake in the cearly days stil life many lovely gifts of linsn nds who have panned and parties in her honour. ors who le bridge part‘y and honour of Miss Ann become the bride of Grady. on Priday of ld at the Badminton afternoon by Missos also known as| have since apparontly a lovely shot. Hume again broke away, and passing to Cattarello, who slipped her in the Falls net again. The playing got slightly rough at this point, and McDouall and Bucknam were put off almost together to leave the Monâ€" archs with "only four players. The Palls tried their best to score at this time, but Patser, Porcupine goalie, seemed to always be in the way. The Eskimos were working hard, making several lone runs at the goalie, but failâ€" ing to score. McDougall was given a second penalty for tripping the later part of this pericd. At this time, the Falls were all men up. and gave little rest to the Monarchs. The end of the second period found the score 4â€"0 for Ssouth Porcupine. ight there and shot the puck in on | The second period found the Falls after their lost goals, and working exâ€" ceptionally hard. They were four men up, and kept the Monarchs pretty busy checking. In the first few ininutes‘ play, during these Falls rushes the Monarchs were able to burst through and score. McDougall scored one on breaking away made a lone dash for it. drawing the Falls goalie out, scored the first goal of the game. This goal livâ€" ened the game up, and both teams were out to win. Yurinchuck was given a penalty for tripping, and during his: off time, the Monarchs kept the pucl\l around the Palls goal. Their passing was excellent, and at one interval during this period, the puck passed beâ€" tween the Porcupine players quite often in front of the Falls net. Near the | last of this period Hume took a lovely[ pass and slipped it past Walsh to make| the s¢ore 2â€"0 for South Porcupine at; the end of the first period. The second period found the Falls after their lost goals, and working ex-l Iroqucis Falls, Ort., Jan. 8. â€"(Specis to The Advancse)â€"In a good clean gam of hockey here on Saturday night, th South Porcupine Monarchs Ccifeatt the Troquois Falls Eskimos, in the open ing game of the N.OH.A. Intormedi | ates. 5 to 2. The Monarch players wer heavier build than the E: their well timed tsam p them the edge on the game The team lireâ€"ups were Ssouth Porcunpine Monar Iroquois Falls Lose to South Porcupine First Intermediate Game in N. 0. H. A. Schedule. a The Hospital for bick Children We must therefore appeal to a humane and generous public to take care of an annual deficit . . . this year it is $78,930.53. The Hospital receives no support from the Toronto Federation for Community Service because patients are accepted from all parts of the Province. This policy has been continued for over 60 years in the firm belief that everyone who understands the facts would want this great work to continue . . . would agree that no Ontario child should be denied a chance for health or escape from deformity if mere money makes the difference. * Please mail a donation to the ‘Appeal Secretary, 67 College Street, Toronto. The thanks of little children will be your reward. WE NEED YOUR HELPâ€" THIS YEAR! EVERY YEAR! Needy children from all over the Provâ€" ince are treated regardless of race,creed or financial cirecumstance. Over 95% of our beds are in Public Wards. Were as â€" Monarch â€"Burns. Partri ugail was given a tripping the later At this time, the up. and gave little Brydon. Eskimos: Goal, R _ Gignac, n; forwards, Camâ€" . CrRAUucAIer, â€" iuck, and C. Beaâ€" Ltmarche. Coach ager, 5. Andress mno ing aAan am( the pace Donated by The Poreupine Feb. 3â€"1 Mattagami Jan. 24â€"Schi Birch vs Central Jarn. 31â€"Matts Moneta vs Birch Feb. 3â€"Monet: Jan. 10â€"Ce: gami vs Birch Jan. 13â€"S: Moneta vs M Schools and the othor the Echools. Three teams from each s be entered: Junior, under 1 Intermediate, under 14 years 14 years and over. Schedule af School Hockey League Here Public and Separate Schools to Have Three Teams from Each School in the League. the rebound. The re third period was fast, stopped, as both goali posts closely. Thse th with the Scuth Poreu and the Irogusis Palls Al atiagami vs Moneta. Fob. 14â€"Schumaczcher v al vs Mattagami. The 1l 13â€"Schumacher vs Central; vs Mattagami. iâ€"Birch vs Schumacher; Matâ€" s Central. 24â€"Schumacher vs Moneta: 21â€"Moneta vs Schumacher Public Schoo:s hedule for the Pu THE CANADIAN BANK OF COMMERCE id., The remainder of the d was fast, but scoring was _both goalies watched their ly. The third period ended cuth Porcupine Monarchs 5, Ogquois Falls Eskimos 2. Scnier Schedule Central vs Moneta: ‘\/Iatta- ng of teachers on Tuesday eéements were made for the of Public and Separate ey league. As in previous gue has been divided into one taking in the Public the other the Separate Mr. A. H. Munrog, Manager of the Timmins e glad to have you call and discuss any mat ho Bank can hslp you. i1g aml Vss OR the protection of our own cash and securities we have proâ€" vided vaults of tried and tested strength. In these vaults we have installed Safety Deposit Boxes for the convenience of customers who desire to safeguard their valuables. These boxes are available in various he Public Schoolk Schumacher Sschnumacher nBnirch sizes at low rentals. hool will 2 years; Senior. Birch vs Advance Cenâ€" Kver; morning in the year famous surâ€" geons come to our operating rooms 1to douate their services, More than 8,100 operations are performed annually,. But there are many extras involved and the malntenance of this necessary service Is very costlr. IRON LUNG®S® produced in the race agrainst time when the lives of children from all over Ontario were at stake during the Polio Epidemic. Ther provided the only chance for life during the critical stagzes of the disease. Mayor J. E. McGee of Amherstburg was elected by a majority of three votes the number being reduced by one on a recotunt. Not enough in anrny case to cause him to run wild. Jan. 12â€"Central vs Monera; 1 gami vs Birch. Jan. 19â€"Schumacher vs C Moneta vs Mattagami. Jan. 26â€"Schumacher vs M Birch vs Central. Jan. 27â€"Birch vs Schumachser: tagami vs Central. Feb. 2â€"Mattagami vs Schum: Moneta vs Birch. Feb. 9â€"Central vs Schum; Mattagami vs Moneta. Feb. 16â€"Schumacher vs Birch: tral vs Mattagami. Feb. 23â€"Moneta vs Schumi Central vs Birch. March 2â€"Schumazcher vs mMatta Birch vs Moconeta. Central vs Birch. Feb. 28â€"Schumacher vs Mattagami Birch vs Moneta. Intermediate Sckedule Jan. 11â€"Moneta vs Cenvyral; Birct vs Mattagami. . Jan. 18â€"Central vs Schumacher: Mattamagi vs Monsta. Jan. 20â€"Schumacher vs Birch: Cenâ€" tral vs Mattagami. Jan. 25â€"Moneta vs Schumacher: Central vs Birch. Feb. 1â€"Schumacher vs Mattagami: Birch vs Monesa. Feb. 8â€"Schumacher vs Central: Moneta vs Mattagami. Feb., 10â€"Central vs Mcneta; Mattaâ€" gami vs Birch. Feb. 15â€"â€"Birch vs Schumacher; Matâ€" tagami vs Central. Feb. 22â€"Schumacher vs Moneta: Birch vs Central. March 1â€"Mattagami vs Schnumachâ€" er; Moneta vs Birch. Junior Schedvle Colling wood Enterpriseâ€"Bulletin:â€" ayor J. E. McGee of Amherstburg is elected by a majority of three votes the Timmins Brat vs Monera; Matta nch, will in which Schumacher 1umache uUinga:cnet € ral 1