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. Bublished every Thuraday by David Gigan and Sone, Ltd. The question of ‘Rural Credits which was Waterioo, Ontarie one, of : important proposals contained in ; BUBSCRIPTION RATES the m the Throne recently presented » in the Dominion Parliament, has been the sub a One year, in advance........... .. . . UR00 ject of much di ion for the past d Th HEGHANE 44 +. .2 c 2 0 c o + + + + + 5+ + ++ + Pb fwo. ‘The ubject is th se ; M"" In United States, per year ...... ... $£50 money lortheopcrltionaofm'lculturec.mw“ The reâ€"election of Hon. Rudolphe Lemieux as Speaker a:’l&e House of Commons by the unanimous vote of its members indicates the general esteem in which he is held by all parties in Parliament, in fact it is generally agreed that he is specially fitted, at this time, to preside over its deliberations. He can be depended upon to act with fairness and digâ€" nity, ‘possessing special qualifications for that The party methods employed to secure advantage and support prior to the vote ‘being taken, have come in for severe condemnation as having been unworthy of the Canadian® parliament. Even allowing for the heat of combat engendered by the unusual situation things were said and done which it cannot be said upheld the dignity of parliament. It is obvious that the present situation with no party having a majority over all and with the fate of the government in constant doubt cannot continue indefinitely. A general election during the year is undoubtedly needed to clear the airâ€"although the latest proposal is for a coalition government of the Liberals and Progressives, with the Progressive leader as one of its memberk. * Robert Forke, leader of the Progressives, | by whose votes the Liberals secured theJ mandate to carry on, made a frank stabementt in commenting on the result in which he said ; that the Progressives will now have to coâ€"operate with the Government in putting! through legislation which they have promised.i "If the government do not bring down legislaâ€" tion they have promised then out they go,"] said Mr. Forke. . _ Premier King, it is announced, will stand for election in Prince Albert, Sask., nominaâ€" tions to take place on February 1st and polling on February 15th. The Liberals gained the House mandate only after a sixâ€"day battle which was marked by bitter debate and manouvering for support and one of the closest votes in the history of Parliament. With the aid of nineteen Progressives and the Laborites and Independents, the King Govâ€" ernment on Friday last weathered the crucial division, the present administration being susâ€" tained by a majority of three. Eight Progresâ€" sive votes were required to overturn the Govâ€" ernment, but only five were cast in support of the wantâ€"ofâ€"confidence amendment of the Right Hon. Arthur, Meighen, Leader of the Conservative Party. There was only one abâ€" sentee when the vote was taken, one of the Conservative members being ill at his home. If the necessary permission is forthcomâ€" ing we see no reason why the preliminary steps should not be taken to hold a Fall Fair here. Other projects have been successfully initiated and carried through with conspicuâ€" ous success by Waterloo citizens and we are confident that if the enterprise is launched in the proper spirit and the organization manned by progressive and wideâ€"awake officers the reâ€" sults will be such as to reflect creditably upon this municipality. It was generally agreed that Waterloo could successfully launch and can? on such a fair which would be similar to those held throughout the County and Province every fall. This would require a considerable outlay at the outset, especially if it was decided to make it an annual event and erect permanent buildings. However, as far as maintenance costs are concerned, Provincial government and county and municipal grants would, with donaâ€" tions likely to be received, largely provide the necessary funds to carry it on. If undertaken it, of course, could be initiated on a modest scale and gradually enlarged. The proposal to hold a Fall Fair in Waterloo this year was further considered at a representative meeting of the Board of Trade last week and the consideration given the quesâ€" tion indicates a strong desire to go on with the project. With that end in view the secretary was instructed to write the other associations throughout the county asking their permission to hold a Fair in Waterloo, the act governing the organization of agricultural societies reâ€" quiring this to be done. After this permission is secured a petition signed by at least sixty citizens is also required to indicate a desire for such an organization. â€" ADVERTIBING RATES mwmr-mmmm&o office not later than Monday noon to insure insertion. KING GOVERNMENT SUSTAINED THE PROPOSAL FOR A FALL FAIR AGAIN ELECTED SPEAKER There _is encouraging evidence of better times in the fact that our exports for the year showed an increase of $162,000,000 as comâ€" pared with the previous twelve months and that we have a favorable trade balance of over one hundred million dollars for the year. The likelihood of war arising between Great Britain and Turkey over thee Vilayet of Mosul now seems remote owing to a change of attitude on the part of Turkey. That counâ€" try is now disposed to settle the issues between the two countries by peaceful means although refusing to accept the recent decision of the League of Nations. The Turkish Government has signified its willingness to enter on neâ€" gotiations in good faith with a desire to secure a solution of the problem. The Commissioners in their report have pointed the way to a settlement of the differâ€" ences between the operators and miners which arise from time time and â€"a basis is suggested for coâ€"operation in remedying the conditions existing and fox improving matters generally in connection with the coal industry which is of such vital importance to Nova Scotia. ‘ Wages, in most cases, are determined by bargaining or by the force of a strike or lockâ€" out, so that the new principle laid down is a somewhat radical departure. The proposal for the Nova Scotia industry involves negotiations between the two parties at six months‘ interâ€" vals and revision of the wage scale in accordâ€" ance with the companyTs earnings. It is also emphasized in the report of the Commission that "goodâ€"will and understandir\xg can be asâ€" sured for the future by the operators making an open and frank acceptance of the men‘s union" and "by both operators and union facâ€" ing their difficulties themseives in the light of the facts relative to the industry and with a common desire to share equitably in the fruits thereof." The ability of the coal company to pgy is recommended as an equitable method of adâ€" justing the miners‘ wages. Major Cronyn, one of the commissioners, emphasizes the fact that Nova Scotia coal cannot compete in the St. Lawrence markets with imports from the United States and makes an appeal to the people of Ontario and Quebec and to the Doâ€" minion Parliament to assist in providing a market by the establishment of coke ovens, by increased protective duties and by lessening of transportation costs. It is urged that in the interests of national unity some sacrifices should be made to help out that province, oneâ€" fifth of whose population is dependent upon the coal industry and its subsidiaries. While not favoring a high tariff for general appliâ€" cation, Major Cronyn, in this particular inâ€" stance, sees imperative need for granting higher protection. Following a comprehensive and thorough inquiry into the causes of the wunfavorable conditions in the mines of the province and the consideration of possible remedies, the Nova Scotia Coal Commission the other day reported the result of its investigations. ‘ It is interesting to note that in the United States rural credits have developed rapidly. The large sum of $927,000,000 has been loaned there by the twelve Federal land banks orâ€" ganized for the purpose, the money for the loan being raised by the sale ‘of mortgage bonds. L The fact that the agricultural industry is of first importance and that special efforts are being made at the present time to induce new settlers to come to Canada by furnishing cheap transportation and favorable loans to assist them in getting a good start, warrants special attention being given to providing financial assistance for those already engaged in agriâ€" culture in the Dominion. . ‘ Last session a long term farm credit bill was passed by the House of Commons but the Benate took no action on it. The bill provided for total advances up to $10,000,000 . to the provinces for the purpose of reloaning to farmers. It is contended in the West that money rates for farmers are too high in comâ€" parison with the rates paid by other indusâ€" tries and by the farmers of other countries against whom our farmers must compete in the markets of the world. ® REPORT RESULTS OF INQUIRY INTO | NoOVA sCOTIA COAL INDUSTRY | EDITORIAL NOTES "For the first time," this authority says, "the British railways have declared their fntention of giving preference to Canadian timber, proâ€" vided that the price and other conâ€" ditions are equal. Also for the first time a great British railway group has inserted in its conditions of tender that ‘preference is to be given to Canadian timber‘." ‘"‘This breaks the buying tradition for more than a century," one authority . states. "British | railway ties herétofore have been made from Baltic pine." While the United States exported £,$09,421 lbs. of cheese in the eleven months ending with November, 6,â€" 847,766 lbs. were imported in the one month of November. Imports of butter in November totalled 334, 902 lbs.. which indicated that U.S. butter imports and exports about balance. ° GIGANTIC OVERSEAS ORDER GIVEN FOR . BRITISH COLUMBIA TIMBER British Columbia has received an order from one of the British railâ€" way groups for 26,000,000 feet of Douglas ffr railway ties, it is stated in official circles. It is pointed %ut in the same circles that this is more than Britâ€" ish Columbia‘s total export to Great Dritain was in 1923. In the eleven months ending with November the United States exportâ€" ed 4, 937,527 lbs. of butter®as comâ€" pared with 7,775,370 Ibs. in the same period in 1924. Oleo exports for the eleven months were 721,523 lbs., a decrease of 119,000; cheese, 8,809,â€" 521 lbs., an increase of 5,200,000; condensed milk, 48,503,836 lbs., a decrease of 32,300,000; evaporated milk, 99.484,158 lhs., a decrease of 35.000.000. on A 900 per cent. stock dividend, calling for the issue of nine addiâ€" tional shares to each present share, was announced last week by the Nash Motors Company, whose stock has made,a remarkable advance on the New York Stock Exchange in the last year. New# that the directors had deâ€" cided on a" splitâ€"up of the stock caused excited buying on the exâ€" change and the price advanced 52 points,. closing at $517 per share, the highest price it has ever reachâ€" ed. l DECLINE IN UNITED STATES DAIRY EXPORTS These 900 or more families, it is said, will account for nearly half the pumber of farms which the Canaâ€" dian Government has available for settlement purposes. HUGE STOCK DIVIDEND PAID BY MOTOR Co. The directors at the same time innounced a 10 per cent dividend m the common stock, payable Feb. [ to stockholders of record Jan. 22. More than six hundred. British families are waiting to sail for Canâ€" ada in the spring, having been acâ€" cepted by the Canadian Director of immigration | as â€" suitable â€" settlers under the scheme to establish 3,000 f«milies in the Dominion, according to Overseas Settlement Department of the office of the Secretary of State for the Dominion. The Canadian authorities in Lonâ€" don confidently anticipate that 300 more British families will be ready tc leave for Canada byâ€" the middle ot June next. VALUE OF FIELD CROPS IN PRAIRIE PROVINCES $648,699,000 According to figures just publishâ€" ed by the Dominion Bureau of Statâ€" istics, field crops in 1925 will return to the farmers of Manitoba, Sasâ€" katchewan and Alberta the sum of $648,688,000. Taking the number of occupied farms in these Provâ€" inces in the last census, this would indicate that an amount in excess of $2,540 went to each one of thenmi from this source alone. 600 BRITISH FAMILIES ARE READY TO COME TO CANADA existing taxation. ONTARIO APPLES sUCCESS IN BRITISH MARKET _Noteworthy success in the British markets by Ontario apples is reâ€" ported by the Provincial Governâ€" ment by a London selling agent, who handled some 3,000 of the 2%5,â€" 000 barrels of apples which were sent overseas under the agriculturâ€" al department‘s auspices. "The Onâ€" tario fruit," the agent cabled, "was exceptionally choice, leaving nothâ€" ing to be desired as to quality or condition. I have never seen better Ontario fruit in all my long experiâ€" ence. It met with keen bidding." better now than at any time since the Great War, Premier Dunning in his tenth Budget speech in the the Legislature last week said the Government did not propose any new taxation or any increase in CONDITIONS ARE 80 BRIGHT NO NEW TAXES NEEDED _ There will be no export of hydroâ€" jelectric energy to the United ’Staten from Quebec, although the Province stands ready to coâ€"operate { with other Provinces for the deâ€" , velopment of power. But this coâ€" ‘nperatlon is subject to the terms ;ot the local Administration‘s policy, {and these absolutely prohibit the ; United States from getting hydro | power from Quebec sources. This ‘was reaffirmed last week in the Quebec Legislature when Premier I Louis Alexandre Taschereau, speakâ€" ing during the debate on the Adâ€" !dress in reply to Speech from the l'l‘hrone. dwelt at great length on |the advantages accruing to the | Province through the conservation Iol its natural resources and pointed [ to the fact that the Aluminum Corâ€" poration of America was spending $100,000,000 on the Saguenay River as justifying the Government‘s polâ€" ley in this connection. When your back is sore and lame or Inmbago, sciatica or rhenmatism has you stiffened up, don‘t suffer! Get a small trial bottle of old, honest "St. Jacobs Of1" at any drug store, pour a little in your hand and rub it right on your aching back, and by the time you count fifty, the soreness and‘ lameness is gone. â€" Don‘t stay crippled! This sooth ing, penetrating oil needs to e used only once. it takes the. pain right out and ends the misery. It is magical, yet absolutely harmlea and doesn‘t burn the skin. Nothing else stops lnmbago, scia tiea, backache or rheumatism so promptly. it never disappoints! STRONG OPPOSITION To DEEP WATERWAYs !s VOICED BY PREMIER Confident that corn will@@#each one dollar or more a bushel within the next six months, the International Harvester Company has authorized its dealers to accept any: merchant: able corn in payment for farm imâ€" plements on the basis of one dollar 1 bushel for No. 2 corn at Chicago. The company said it acted to re store â€" confidence throughout the corn belt, and added that if corn goes above one dollar before the farmer is called on to deliver nex: May, June or July, he can sell it elsewhere and pay for his imple-‘ ments in the regular way. There has been much gossip in Doorn Village about the death of Dr. Adolf Passow, the eminent Gerâ€" man ear specialist, shortly after he had operated on Wilhelm. The villagers profess to see in this a "strange coincidence." Dr. Passow was seized by a fatal illness shortly after the operation, and rushed in the middle of the night to a hospital in Utrecht, where he died on January 8. CcORN AT ONE DOLLAR A BUSHEL TAKEN FOR FARM IMPLEMENTS Dollar corn has beco}n}!‘ reality for buyers of farm implegients. The former Kaiser of Germany has been confined to his chateau in Holland for the last ten days, folâ€" lowing his third operation for ear trouble. _ Members of his suite maintain a guarded silence about his condition, but workmen on the estate report that they have seen his familiar figure, topped with a black skull cap, at the windows ot the chatean. . The growth of these Companies has rendered desirable (following the practice of large financial inâ€" stitutions such as Chartered Banks and Insurance Companies) the raming of a Chairman of the Board| of Directors, and this very importâ€" ant post is to be taken by Thomas G. Meredith, K.C. For several years Mr. Cronyn has been President of the Mutual Life Assurance Company of Canada, and a‘few months ago he was tendered the Presidency of still ‘another of Canada‘s leading Financial Instituâ€" tions with which he has been so actively associated since 1907 when he became General Manager. Mr. Cronyn‘s successor to the post of General Manager will be Morley Aylsworth, the present Asâ€" sistant General Manager. FORMER KAISER sUFFERS FROM RESULTsS OF THIRD OPERATION Â¥From wellinformed circles it is anmounced that owing to the many increasing derhands upon his time, Major Hume Cronyn will shortly reâ€" tire from the position af General Manager of The Huron & Erie and Canada Trust Company, and will ccept the post of President of both institutions. CRONYN SLATED FOR . â€" MHURON & ERIE Ouch! My Back! Rub Lumbago Pain Away Rub Backache away with small trial bottle of old "St. Jacobs OilP PRESIDENCY Moved by A. A. Snider and W. G. Veitch that we hereby recommend Norman Snyder for appointment as Woolwich Township‘s representaâ€" tive to the Advisory Agricultural Council andâ€" submit this to the County Council for ratification.â€" Carried. Moved by Norman Snyder and A. A. Snider that the returning officer be paid $6.00 and deputy returning officers $4.00 and the poll clerks $2.00 each for holding the municipali elections and ‘making their returns, and that $3.00 be allowed for each polling booth.â€"Carried. Moved by W. G. Veitch and W. S. Hemmerich that byâ€"laws Nos. 747 Moved by W. S. Hemmerich and W. G. Veitch that byâ€"law No. 748 to appoint a Local Board of Health, Medical Officer of Health and Saniâ€" tary Inspector be read a first ‘and second time.â€"Carried. Moved by W. G. Veitch and A. A. Snider that byâ€"law No. 747 to apâ€" point assessors and auditors for 1926 be read a first and second time. â€"Carried. The minutes of the previous sesâ€" sion were read and adopted. The Municipal Council of the Township of Woolwich met at Conestogo on Monday the 11th day of _ January, 1926, purstant to statute. The following members signed the necessary Declaration of Office and Qualification before the clerk:â€"Alex. 8. Forbes, Reeve; Norman Snyder, Deputy Reeve; Almon Snider, W. S. Hemmerich and William Veitch, Councillors, The Reeve then took the chair and the following business was transacted. WOOLWICH TP. COUNCIL MEETS Waterloo. Ontario, December 31, 1925. All Policyholders, regardless of the amount insured, are entitied to vote. at the hour of One O‘clock p.m., to receive the report of the Directors for the past year, to confirm such Byâ€"law as may be passed at a special general meeting increasing the number of Directors from twelve to fifteen, to elect Directors, and to transact such other business as may properly be brought beâ€" fore the meeting. _ ‘ The Mutual Life Assurance Company of Canada will be held at the Company‘s Head Office, Waterioo, Ontario, on NOTICE is hereby given that the Fiftyâ€"sixth Annual Meetâ€" ing of the Policyholders of "Our Long Distance bill averages over $200 a month. We use it constantly." How can a Letter con pete with your voice? Don‘t send a boyâ€" _ on a man‘s job! "BANK"TORONTO ANNUAL MEETING A Greater Canada Thursday, February 4th, 1926 The Bank of Toronto seeks to serve the people of Canada with the same spirit that actuated those pioneer bankers who founded this institution even before Canada became a Dominion. Become associated with the Bank of Toronto in your financial transactions as Canada‘s Greatest Half Century dawns. Consult any of our managers or their staffs and feel assured that all are actuated primarily with whom they deal. reservedly to the doctrine of sound optimism in the destiny of the country, affirming that today there are more impressive signs of the coming tide of prosperity than at any period since the war. P e t) more ‘years 2 in (1855 to 1926; has ?(4‘ * ? been building on the canviction of a consistent growth in the Doma:::m of Canada and an increasing and abundant prosperity for her . Today, as never before, m& subscribes un DO YOU SELL FARMERS? â€"Wenes a Seed M »rchant w0 C ?"‘5‘3 it es d 0 #® R.. z.(iv QQ;\ p P .. /»* be . 1y .'\.l l ~*~ sme~ i CHARLES RUBY, The" gross earnings of the Canaâ€" dian National ‘Railways for the week ending January 7, 1926, were $3,970,896, as compared with 3,593,126 for the same period of 1925, â€"an increase of $377,770, ot eleven per cent. Moved by W. S. Hemmerich and W. G. Veitch that this councll now adjourn to meet again at the Counâ€" cil Chamber, Conestogo, on Tues day, the 2nd day of February, next, at 9 o‘clock a.m.â€"Carried. CANADIAN NATIONAL Board of Health â€" Albert Lorch, Dr. T. M. Robinson, M.O.H., and Frank Adams, V.S., Sanitary Inspecâ€" tor. Auditorsâ€"J. G. Hurst and Noah Stroh. Assessorsâ€"Walter Veitch, P. S. Musselman, Percy Dekay, Henry Klinck, Noah Shoemaker, and J. P. Snider. Hospital for Sick Children, grart, $15.00; Elmira printing Co., supplies 43.86; John Beitz, townline work and gravel, 152.15; Elmira Planing Mill, townline snow pannels, 57.76; Elmira Planing Co., lumber, 57.05; Amos Esch, work on snow panels, 32.95; J. J. Wilkinson, cleaning ditch, 52.00; Chas. Koch, work, 3.00; Chas. Koch, taking pauper to House of Refuge, 2.00; Jacob Kienzle, tax collector, 85.00; Jacob Kienzle, exâ€" cise, postage and exchange, 40.00; J. A. Steiss, postage and war tax, 26.70. Total, $567.47.â€"Carried. The following were appointed under the above byâ€"laws: Moved by Norman Snyder and W. S. Hemmerich that the following accounts be paid and that the Reeve grant his orders for the several amounts : and 748 be read a third time and passed.â€"Cartied. General Manager. W. J. Snider, Clerk. RAIWAYS EARNINGS 2638 *®