Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 3 Jun 1926, p. 2

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\The growing popularity of the radio is to ‘be seen in the fact that there are 91,996 liâ€" © gensed radios in Canada, . is ADvEeRTisiNG RaATES 4 * Q@n application. Advertising copy must reach the efficé not later than Monday noon to Insure insertion. In view of the fact that Waterloo is the gentre of a half a dozen strong and well estabâ€" lished life and fire insurance companies, the figures recently announced by the superintendâ€" ent of insurance, G. D. Finlayson, are of parâ€" ticular interest, The Waterloo companies which in the aggregate have hundreds of milâ€" lions of insurance in force, naturally contriâ€" buted very materially to the total volume inâ€" dicated, substantial gains being recorded by these companies as compared with the previous twelve months. x$ The statements of the companies of the Twinâ€"City indicate that they are all in a strong position, with large assets, showing that sound . progressive policies.have governed the conduct | of the companies, C | The returns of life insurance companies dperating under Dominion license show a marked increase in the amount of business isâ€" sued in the year.1925 as compared with the preceding year. The gross amount of new busiâ€" ness issued in Canada by Canadfan companies was $523,710,785 as compared with $458,943,â€" 585 in 1924, or an increase of 14.1 per cent. British companies issued $18,288,123 as comâ€" pared with $18,366,743 in 1924. Foreign comâ€" panies issued $265,098,183 being 19.7 per cent. in excess of the $221,490,719 issued the preâ€" vious year. The total for all classes of comâ€" panies of $807,097,091 is an increase of 15.5 per ceht. over the amount issued in 1924, $698,â€" 800,997. The business written byâ€" Canadian companies is divided into Ordinary $460,423,â€" 294, Industrial $31,311,350, and Group $31,â€" 976,141; British companies, Ordinary $10,409,â€" 755 and Industrial $7,878,368 and Foreign comâ€" pdnies, Ordinary $141,834,8360, Industrial $115,â€" 207,548 and Group $8,056,275. C The gross amount of business in force for Canadian companies is shown as $2,761,733,559, for British companies $112,320,099 and for Foreign companies $1,380,854,620, making a total business in force in Canada at the end of 1925, $4,254,908,278 as compared with $3,â€" 841,569,324 at the‘end of 1924 or an increase of $413,338,954. The increase in 1924 was $341,793,313 and for 1923 $268,429,600. Lapses and surrendered policies during the year were for Canadian companies $139,064,â€" 209 and $64,309,118 respectively being toâ€" gether 38.8 per cent. of the new business issued as compared with the corresponding percentâ€" age 41.2 per cent. in the preceding year. i An increase of 2 per cent. in the premiums written and a decrease of nearly 6 per cent. in the losses incurred sums up the experience of fire insurance companies in Canada in 1925 when compared with that of 1924. «& Net premiums written, licensed reinsurâ€" ance deducted amounted to $53,044,959 and. net losses incurred to $28,116,864, the loss ratio being therefore 58.01 per cent. as compared with 58.80 per cent. in 1924. The premiums written by Canadian comâ€" panies amounted to $8,7 18,282; by British comâ€" panies, $24,055,290 and by Foreign ‘companies $20,271,387 as compared with $9,002,447, $23,â€" 552,080 and $19,571,944 respectively in 1924. erloo, which during a score or more of years have frequently occupied the premier position in the annual contests for the King‘s Plate, the most coveted prize of the Canadian turf, again attained first place in this notable and popular event. Haplite, ownéd by Edward F. Feagram, won this racing classic, the success ful Seagram entry winning the fifty" guineas donated by His % the King, and the celebrated plate itsel thej with the handâ€" :;1: amount added by the Club under whose auspices the races were he)d. The Seagram Stables have many renowned wins to their tredit. They have long enjoyed the distinction of entering winning horses on both the Canadian and American tracks, the record of wins being one of which they can yolllnplvld. The owner of Haplite, who this year carried the Seagram colors to ‘victory in this racing cfassic of the Canadian turf, is to be heartily congratulated upon the success of his entry in the King‘s Plate race. Tt indicates that the fine record of previous years is being fully maintained. y LARGE â€" YOLUME â€" OFâ€" BUSINESS _ ~WRITTEN BY INSURANCE COMPANIEsS SEAGRAM COLORS AGAIN TO THE FRONT IN KING‘S PLATE RACE s susBscriPrTION RaATES One year, in ady8008. ..»â€"â€">>««>> Th colors of the Seagram Stablés, of Watâ€" every Thureday by David Bean and Sone Ltd. lature which recently came to Waterieo, Ontario ‘important change in the legi $1.25 fi‘,qat,m wtleh_?n-fiy é 4 T 7 5401 96 *Tdks k i 30e U "X4 k5 t Powi ho y( FPeay C# : . .After.all, he asked, why ghould a member ) of rcontributory negligence" in cdse of the LeBjslature not . overly© burdetied â€" with of an M; ease s Js it this world‘s goods ‘be penalized to the extent| "* _ _ ‘*~""~ K f .BESKS OF M.P/8 SEARCHED of new election costs merely becuse he had| Ceol use or rECENT THEFTS flbuitie‘ th‘t lld‘ m &A m W‘l u‘. statement issued by Liout. choice for a Cabinet post? And why should & :â€"cor H. w. Boyie, Sergeantatâ€"Arms Legislature member, with ability be barred | of the House of Commons,explanaâ€" frowi entering the Cabinetâ€"as it sometimes| tion‘is givemâ€"as to=the cause for worked outâ€"merely because his riding was not} the Searching of the desks ofâ€" the . NMy Niekle, f O% ; in + legal : ofâ€" tario, in reviewing the institution of the cusâ€"! but that ‘tom, said it was originally for the ¢ esd Witeipe s ments of the Crown by way of or 6 c U\ »Deipg . likbl« 1e .4 subsidy but said that parliament was a ‘long .: * “"““".m as $100, with m’:{ way from the period when there was any 800M jyo mouing . imprisonment, u a suffictently safe one to reâ€"open for the byâ€" election ? & d :x ioÂ¥ The changt in the law doing away with the ‘necessity of a byâ€"election following the appointment of a member fto a Cabinet post is a step in the right direction. . > ; | THE.CANADIAN NATIONAL RAILWAYS | The new Minister of Railways, Hon. Chas. A. Dunning, reviewing the progress© of ‘the Canadian National Railways in Parliament the other day, emphasized the fact that business had increased so rapidly that not only was there a profit on operation but the railway was able to pay 80 per cent of the interest: due inâ€" vestors other than the‘Mt. Ag a‘reâ€" sult of the improved position of the enterprise only $10,000,000 of the $50,000,000 voted last year to the National Railways was required. The new Minister of Railways alsostressed the fact that the real problem was the need of greater density of population which would naturally result in increased traffic. He was optimistic regarding the future of the Canaâ€" dian National Railways and the figures of the last few months certainly give reason for enâ€" couragement. For the first four months of the present year the National Railways have a surâ€" plus over operating costs of $9,689,217, an imâ€" provement of nearly $6,000,000 in net earnings as compared with the first quarter of last year. s It is anticipated that the present improveâ€" ment will continue as the country is prosperâ€" ing and a heavy inflow of population from the old world is also expected. It is believed that the Canadian National Railways will, in the near future, earn a profit that will pay for all interest except that owing to the government. ‘ The splendid position which the Canadian National Railways has attained under the able management of Sir Henry Thornton Has been the occasion of many complimentary referâ€" ences in the press and by the public generally. In connection with the large volume of life | insurance in force in Canada, it is emphasized that the family depends more on its head thart l it did in former days when nearly all of its members made some contribution towards the: income of the home. Toâ€"day, as the Monetary | Times points out, the tendency is for the period | of education to be prolonged and this throws a heavier burden upon the head of the family and he must guard against death or disableâ€"| ment. Formerly after a comparatively few years of schooling, the boy or girl was rea@y‘ to go out into the world and contribute by his or her earnings to the family purse but now&â€" days at that age they are, in many cases, just becoming a real expense, hence the father feels the need of insurance. l During the past few years a new interest in agriculture in the West has been aroused by the results achieved. This is indicated by the fact that sales of farm land have shown a substantial increase according to the record of the Canadian Pacific and Canadian National Railways, the Hudson‘s Bay Company, private land dealing companies and government : iand offices. This is especially evident in the sale of raw lands which, hawe been unoecupigd. In 1924. the crop in the United States was heavy while that in Canada was rather light but in 1925 this position was reversed so it is not surprising that we now have American farmers and immigrants from abroad looking with special favor upon Canada. In the port of Montreal‘Canada has the greatest grain shipping port in the world deâ€" spite the fact that it is closed to navigation for five months of the year. The city‘s position at the head of deep water navigation assures to it a large part of Canada‘s Atlantie trade. During the season of 1925 whith was the bigâ€" gest: one in the of the port, toun.dm.alt.':s.u-hmm;w A total of 198 more vessels of all types came to the port during the season than the previous INCREASED SALE OF FARM LANDS | IN THE WEST | PROVIDING FOR, THE FUTURE | DESKS OF M.P/8 SEARCHED ‘BECAUSE OF RECENT 'mu&‘Q Th ‘d ‘statement issued by Liout.â€" Col H. W. Boyie, Sergeantatâ€"arms of the House of‘ : explanaâ€" tion is m-u‘:r'ean the searching: of â€"the desks of :: members of ParHiament by\a patrol of the Polie;iflmlmm Saturday. imbers‘> rooms * have been inspected by "a ~patrol: every might for years, but owingâ€" to recent thefts officers of the patrol were inâ€" structed to search (all ‘urlocked desks every Saturday and to gather up any valuables, the ‘same to ‘be returned to members: the following Monday. â€" * > £ The statement says: "This emergency ordér was given because‘ of numerous thefts that were© complained â€" of by members |of articles of value~ taken from the desks and rooms. MAYOR STARTS DRIVE To CLIAJ‘ UP HULL "With the aid of othfer membeérs of the City Council and the Police Department, I. am determined * to close every blind pig and every disâ€" reputable house in Hull," stated Mayorâ€"Elect ‘Theo. ‘ Lambert Mr. Lambert was elected Mayor in the civic elections. ‘The respectable citizens of Hull must be given proper protection, and I will be only too glad to reâ€" commend to City Council that a very serious view be taken in this respect. I also propose to probe the observance of byâ€"laws . governing poolrooms, . theatres and . other places of amusement in Hull and see that henceforth the laws are properly adhered ‘o." . The Government that is about to try conclusions at the polis came into office in July, 1921, when a ticket nominated by ‘the United Farmers won in a landslideâ€"majority over the former Liberal Governâ€" ment. A ‘Cabinet of Farmer memâ€" bers was formed, with Herbert Greenfield as Premier, and one lawâ€" yer member for Attorneyâ€" General in the person of John E. Brownlee. 4 uce i~Hs will be ope â€" .ne leading cities and towns of the Province on the Thursâ€" day, Friday and Saturday precedâ€" ing the general election day. Ballot papers will not be sent out â€"until after the nominations, except in the case of the more remote polls. Premier J. E. Brownlee already bas opened his election campaign. He is at present in the south of the Province. A policy of coâ€"operation with Labor has obtained from the first, and four of the members elected were Labor nominees, including one of the Ministers. TARIFF BOARD TO BE OPEN , FORUM WHERE EVERYONE CAN PRESENT HIS CASE ‘ Steel industries asking . for inâ€" creased protection and for removal of tariff "drawbacks" enjoyed by automobile industry, appeared beâ€" fore tariff advisory board May, 26 at its first public hearing. Algoma Steel company and. the British Empire Steel company both made submissions. At the first public hearing of the tariff board May 26 Hon. George P. Graham, chairnian, informed the apâ€" plicants that the board was beginnâ€" ing on an experiment. ‘The board Its purpose ~was to facts and place them minister of finance: was to be, an open forum where everyone who wanted to be hoard A memorandum of the Algoma Steel company «was ‘then read. It was claimed that the Invd steel. producers â€" were faced with either relatively higher: costsâ€" of raw matâ€" erial, labor, or transportation to the consuming markets than their forâ€" eign competitors. On.account of the heavy production of Ruropean and United .States mills the costs there were much lower ‘than in the doâ€" minjon. "For such a reason alone, it is essential that the Canadian steol w_pdl_lmmm_ e aaiid " the memorandum. Ouggosted altorations in the presont N 18 NR JUNE 28th te in Alberta 28, with nomâ€" imne 18. The d for those before g# but that the the m WIFE . $58,000 € ‘“{”anmm The public on May 25 received interesting detailsâ€"of the domestic .mgm:mm , of New York, with an inâ€" come of $150,000â€"aâ€"year, and fls wite, ~~Elizabeth, * who â€" <Hudson charges, has noâ€"trouble at all spendâ€" ing what money he made, c The case came into court in a separation < sulit .. Mrs.. . Hudson brought charging abandonment. Hudson declared that his patience became exhausted when his wife spent approximately $58,000 on clothing, jewelry and ~living exâ€" U8SES AD. iN 'Mm- § NEWSPAPERS HIM ; ¢ A 16 YEAR JaAil TERM Edwin ‘Arden Noblett, 61, who acâ€" cording to Judge Mancusco has spent thirty years swindlingâ€" people, lu\qu'wu sent to prison for fifâ€" teen\ years, after the New York Times and the World had obtained his conviction for inserting frauduâ€" lent advertisements. ‘The newspapers proved that he obtained $550 from Stephen Borne through a fraudulent advertisement. In sentencing him, Judge Manusâ€" co said that if it had not been for time and money spent by the two newspapers in bringing Noblett to justice he might still be going aâ€" round fleecing people." ASQUITH CLASHES WITH LLOYD GEORGE The newspapers publhh' corresâ€" pondence of a very unusual kind between the Earl of Oxford and Asâ€" quith, who was premier from 1908 to 1916, and David Lloyd George, premier from 1916 to 1922. The corâ€" respondence arises out of Lloyd Géeorge‘s attitude in the réecent genâ€" eral strike. Lord Oxford, besides objecting to Lloyd George‘s attitude toward the great lndmtrhkcrbll, o@loctl to his article on the strike in the American press. He also criticizes Lioyd George‘s failure to attend a meeting of Liberal leaders to discuss the strike. ~ Lloyd George in his reply : disâ€" claims any discourtesy in his failure , to attend the meeting and claims his attitude on the strike was a proper one although he admits he was mistaken as to the general trades council sticking beliind the! miners to the end. I POS§IBILITY THAT CANADIAN ~ TREASURY DEFRAUDED OF . ONE MILLION DOLLARS The possibility that the Canadian treasury has been defrauded of more than a million dollars through the nonâ€"payment of excise on liquor is raised in an interim report, sub mitting to the customs committee May 26 by its auditors. The report: signed by Clarkson, Gordon and Dik worth, deals exhaustively with the liquor transactions carried on over a period of seven years by the George Companies in Canada. These comprise a number of companies of which the shareholders are practé cally the same and the auditors find that their books and records are inâ€" complete, mutilated, and reâ€"copied until "they do not reflect the comâ€" plete transactions of the company." Liquor â€" salesâ€"totalling . $7,622,000 have been reviewed by the auditors. Their report draws particular atâ€" tention to the sale by Dominion Distillery Products Company Limitâ€" ed, of 82,989 proof gallons of denaâ€" tured spirits which was designed for export but were shipped to a company in Canada. Alcohol, denaâ€" tured under Canadian process is for: bidden entry into the United States because it is said to be easily renâ€" dered potable. The up until after June 1. House is not expected to take Dobbin Garage & Electric Co., Waterloo ® * Lold avyat Pimigt * â€" Water &sys ays=~*~ PREMIER OF NFLD. ASKs 2 _ MEMBERS CABINET TO RESIGN In letters demanding their reâ€" signations Premier. W. S. Monree charges two members of his adminâ€" istration, Hon. C. E. Russell, memâ€" ber for Harbor Grace and minister of public works, and Hon. F. G. Bradley, Port De Grave, minister without portto?o, with "treachery" and with "plotting the downfall of the government." se . Announcement that these minisâ€" ters had joined opposition forces as a result of governmental friction Cold â€"with a Brantford Roof of Al&!;a‘lt Slates.. You can have a soft toned roof of n‘n’y color or combination of colors that pleases your taste. They add permanent beauty and value to any kind of home and gvo years of weather protection . . e and fire resistance. 16 £.9s% d Reitzel‘s Ltd., When Travelling â€"At Home or Abroad ; Ask us about:â€"Traveller‘s . â€" Checks the next time you plan â€" leaving town. ® "BANKTORONIO . $80 Stock Carried, Information Furnished and Service on Brantford Roofing rendered by Br MAKE YOUR HOME BEAUTIFUL ecris Mustanl Always : The modern.way to: carry money is in the form of Travelâ€" ler‘s Checks. Ogrm'hwfl- ed> only ‘for . trips, States, especially while They provide you with ready funds wherever you may be and yet they also protect and safeguard your money. ; are now used extensively Canada and the United 24 HOUR SNOWFALL â€"__ AT MATANE, qQUE. ‘The town of Matane, near Quebéc reported a twentyâ€"four hour fall of snow on May 26, which covered the ground several inches. 7040 CANADIAN INCOMES OVvER $10,000 A YEAR Answering a question in the House of Commons last week the Minister of Customs stated that 225,514 individuals paid personal inâ€" come tax in the fiscal year 1924. Of these 218,474 had incomes below $10,000. mixed 10 minutes before Waterloo

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