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FRIDAY, JANUARY, 16, 1920. The Canadian Bank of Commerce Annual Meeting of Shareholders 19 (Continued from Page 12.) two methods act as boomerangs., In the end it is the consuming public that is punished. in the United States the enormous profits made by | supplying the Allies have led to a post-war expansion on a vast scale. The formation of new companies ex- ceeds all previous records, and the inflation in stock exchange prices has made many enormous fortunes, - the buying power of which is the same as that of money made in any other! manner, but the basis of which, so far as the country as a whole is con- cerned, may be an idle dream. In marked contrast to this power to sell | inflated prices, is the | securities at perilous position of United States railroad securities. Because railroads | are prevented by what is really price- fixing from securing a freight rate adequate to the cost of administer- ing them 'and of keeping them in proper repair, the whole transporta- tion system of the United States is nai merely imperille:d, but is evident- ly facing ruin if an entirely different policy is not adopted. But at a time when foreign and home trade, and almost every business, except that of the railroads, is experiencing an expansion never equalled in the past, it is hard to get a hearing for any complaint. ---- Newfoundland Prosperous. The business review of Newfound- land indicates unusual prosperity, larger markets, the building of ships with a view to increase the catch of fish, and better preparation of the product. In the Maritime Provinces there is general prosperity in all that depends on fishing and agriculture, but no increase in the output of coal, a great disappointment at this mo- ment of scarcity. An even more dis- concerting fact is that the cost of labor in the steel industry has gone beyond the point where sales can be readily and profitably made, and this must be adjusted before normal con- witions are restored. In Quebec ag well as in the cities of the Maritime Provinces, Ontario and elsewhere, the neod of greater housing accommodation is painfully apparent The information regard- ing shipbuilding is most gratifying, and we hope that what is said re- garding road huilding by both ou: Quebec and Ontario representatives will be carefully studied, and wiil have some éffect in hastening the progress of the, work on this very necessary ald to economical trans- portation. * The prairie provinces suffered from bad weather and produced only an ordinary harvest. This harvest, how- | ever, would have been very gratify- | ing bu* for the terrible needs of Eu- rope at the moment. In almost all the reports there are | statements of great importance in regard to mining. Our reports from Britirh Columbia and the thrée Paci- fic States all exhibit marked prosper- | ity, sspecially in view of the great variety of their products and markets. Shipbuilding Programme, In the effort to conquer the diffi- =ulties of transport at sea, and for | tae further purpose of building up roteign trade with new countries, the Government of Canada has enterea upon a relatively large programme of shipbuilding. Contracts have been 16t © for sixty vessels with a deaa- weight tonnage of about 360,000 tons. Of these forty-five were con- tracted for before the armistice at slightly under $200 per ton, while fif- teen contracted for since the armis- tice will cost less than $175 per ton. The total cost of the sixty vessels wil be slightly under $70,000,000. To date twenty-three vessels have been completed and nineteen | have been turned over to the Canadian Nationa: Railways and are im commission. These ships have been buiit in four- teen different shipyards in the foi- lowing thirteen places: Halifax ana New Glasgow in Nova Sootia; Levis, Three , Rivers and Montreal in Que- bec; Toronto, Welland, Midland, Col- lingwood and Port Arthur in Ontario; and Vancouver, Victoria and Prince Rupert in British Columbia. There can be no doubt that In opening up new routes bteween Canada and the West Indies and South America, where private enterprise could hard- ly be expected to bear the initial cost of the enterprise, these Government vessels have done excellant service. From the. report on business condi- tions for Quebec it will be seen that (considerable shipbuilding for | governments and individuals is aise being done in Canada. {| In the number of cargoes handled, | Montreal has had the largest year in Ithe h tory of the port, The trans Atlantic ships arriving io the port this year exceeded 700, against about { 400 ten years ago Foreign Trade, In' a supplement to our August { monthly letter we published some of the information gathered by repre- sentatives of the Bank who recently | Zealand, | visited. Austraila, New Japan, Korea, Manchuria, and China in the interests of the foreign trade of Canada. {to come will consist mainly of the products of the field, the forest, the | {mine and the sea, the great staples of our country, we must hope steaa- ily to increase the export of commodi- | ties on which we have spent the maxi- imum of labor rather than those on | which we have spent the minimum, | that is, manufactured goods rather | At present there home | | tot the product of our manufactur- | than raw material. {is such an active market at | ers, that few Canadian firms seem {to be trying to enter foreign markets. In the supplement referred to we tried to demonstrate how varied ie {the fleld for articles which we can! | make, and what have been the main hindrances to success thus far. As our supplement says: "undoubtedly a share of the trade can be secured if our manufacturers will go to the expense of sending a competent re-| require- | representatives | and co-operate with the latter in the | Immediate re-1 | resentative to study local ments, select local sale of their goods. {sults should not be expected and i manufacturers should be prepared to | bear at least a share of the cost of | advertising for a few years until { their goods are well established, and | i thelr reliability and durability proven -- Made in Canada. We can sell in another country {only if the goods are at least equal | to those of our competitors in price | we should aim to | | have the stamp 'Made in Canada' | undoubted | | ad quality, and | represent absclutely | Quality, the best workmanship and | the finest materials. | producing a superior article that we can hope to, make rapid progress in | Many manufac- | turers, will urge at the moment that | | it they cemnot get raw material or | jour foreign trade." labor. sufficient to enable them to fill home orders, it is idle to talk of | swer such a statement. Nevertheless { way, we shall need the foreign trade ahd, indeed, in the future we shah not readily be able to meet our in- debtedness on securities held abroad | unless we can greatly build up our | For this reason we feel that | exports. | thé spade work which must in any event be done should be begun now. We should be opening markets for Canaddan goods in other countries for the purpose of building up a | trade which we shall sadly feel the | want of in a few years. If we ignore jour present opportunities, Solve Our Problems. We have said before that Canade can solve its post-war problems 'more readily than almost any other coun- try, but this, of course, means Can- ade at its best. We shall, I hope, settle our problems of taxatfom with reasonable fairness and common sense; so improve the relations be- tween labor and copital that the country can do is very best in pro- 'duction; so direct the large immigra- tion, which is coming both from Europe and from the United States when transporrtation becomes less difficult "and less costly, that it will greatly increase the numbers both of settlers on the land and of workers in factories; amd thus enable our country to bear cheerfully the cost of the war and, better still, make every returned soldier think that ic a country was worth fighting or, The report was then adqpted unanimously. The by-laws of the bank were amended, the number of directors being increased. The retir- ing auditors werre re-elected, and the usyal vote of thanks to the directors and staff were passed. The meeting then adjourned. a tA PANN A Anat FRACTURED HIS SKUIL. Farmer Killed by Falling Tree Near Cornwall. Cornwall, Jan. 16.--An accident attended with fatal re ults occurred on the farm of Donald A. Grant, Grant's Corners, a well-known resi- dent of *hat section, Joseph Ramsay, losing his life. Mr, Grant was getting logs out of his bash, and was being assisted by Mr. Ramsay and Hemry Kinnear, neighboring farmers. Some Indians were cutting geadwood in the bush and, as they worked on am elm tree, they warmed the three men to got out of the way. Mr. Grant and Mr. Kinnear did so, but Mr. Ramsay falled to leave his position soon enough and the tree fell on him, fracturing hig skull. He was hurried to the Hotel Dieu Hospital, Cornwall, but his injuries were euch that he Passed away. The deceased was about sixty years of age and leaves a widow, one son and five daughters, the oldest a girl of eighteen years and the youngest two years of age. SINN FEIN AIDS POLICE. Law! Cork, Ireland, Jan. 18.--The Sinn Fein has decided to assist the police in Ireland in the detection of robber- es and highway hold-ups. : The secretary of the Sith Fein ex- ecutive this morning said that patrols had now been organized to assist the police on night duty, and the gangs of robbers who are infesting the south of Ireland will soon be stamped out, Patrols were put on for the first time Monday t, and acting on in- formation ved a few minutes after they had beem on the streets, police and gave the latter all the information they had received. While i is reasonably | {clear that our exports for some time | It is only by | foreign trade, and it és hard to an- | Establishes Patrols to Stamp Out | lessness. STRANGE RACE IN IRELAND. Small Group Live Apart and Elect Their Own King. There is a strange corner of Ire- land to-day where a stringe group of people live. It i= called the Clad- dagh. A writer in Munsey's Mag- asine tells about the place and its people as follows: The Claddagh is a straggling set- tlement across the river Corrib from the old seaport town of Galway. Its inhabitants are a dark-haired, dark- skinned people who are popularly believed to be of Spanish blood. This theory of their origin is supported by the historical fact that Galway long carried on an active trade with Spain; but ethnologists regard it as | more probable that they are a rem- nant of the prehistoric Irish race of | Firbolgs, who were driven to rocky seashores by the invasion of the lighter Milesians. Their settlement on the Corrib seems to have existed | since the dawn of history, and traces of their primitive stone dwellings down at the water's edge are to be seen to this day. The present Claddagh village is a huddle of thatched houses with a population of about fifteen hundred. The men live by fishipg--maeckerel, | mostly--in their open boats, and the women carry the catch to the mar- ket in flat baskets, which they poise on their heads, The dress of the wo- men is extremely picturesque, and is worn with graceful dignity -- a bright petticoat woven at the loom and dyed with madder or indige, a cloak word like the Spanish mantilla, and a hood or kerchief draped | around the head. They seldom inter- marry with strangers, but of late the steam trawlers that sweep the wider Atlantic have called away their Young men to adventure outside Gal- way Bay, and many never return. For a long time they chose their own king, and even to-day the older men govern and the old customs are maintained. Gold ornaments of rare design are part of the inheritance of their dim! Celtic past. ron eet An Outrage on Nature, Formerly an inmate of the Prin- cess Mary Village Homes Industrial School, Addlestone, Surrey, England, ! a young girl named Vivian Perry has | been boarded out to service in the | north of England under the econdi-| | tions that have been constantly de-| | nounced as a scandalous invasion cf | parental rights, The circumstances of the case are of peculiar urgency. The girl's mother, a widow, has re- | cenlly contracted a second marriage | with an Australian soldier, a pros-| 'perous farmer in civil life, able and | willing to make a comfortable home | for the mother and child. Upon this | footing an application has been made to the Home Office for the girl's re- lease, Not having seen her child for upwards of three years, the mother | desired to chat things over with her, | and aftor some discussion it was ar-| ranged that upon an undertaking | 1 [from the parents to pay her fare! when the pendulum swings the other | » Jay from Westmoreland, the girl should come to the school at Addlestone for a short holiday. To her great dis- appointment, however, the mother was not permitted to see the girl alone; the interview, took place in the presence of several of the school of-| | ficials, one of whom held the girl's! hand throughout the proceedings, the | child being understood to state that | she had no wish to escape from the loving care of her loyal custodians. | This alleged decision on the part of | the poor little captive has been since | "confirmed" by a letter, whieh, | though in her own handwriting, bears | every mark of officixl inspiration, | while two letters from the mother! {sent by registered post to the child's | address in Westmorland have elicited | no reply! i Becalmed a Plight of the Past. A schooner bound from Sydney, Australia, to San Francisco, Califor- nia, was becalmed in mid-ocean. | While the ship was lying idly upod the bosom of the unruffled water, as if posing for the picture of the orig- inal "painted ship upon a painted ocean," the captain of the vessel be- came agitated by the thought that he would arrive at his destination too late to take advantage of certain prices on his cargo, as these rates bad been named in the charter. Then his eye wandered to the ship's launch hanging idly at its davits, whereat the quiet scene became enliverend by the happy activity of an idea. The launch was put over the side and, at the end 'of a long tow line, after some effort, overcame the inertia of the ship, carrying it forward at a three-knot rate. Five times on its trans-Pacific journey the launch overcame the calm and won a quick voyage for its ship, with the resuit that the owners will install small powerful launches ea their entire fiest of schooners for the purpose of meeting similar emergencies. In other words, it is believed that the happy idea that the skipper found operating in that mid-Pacifie calm will make it unnecessary for the mod- est sailing ships of the world to sit idly on their keels waiting for the wind, oa -------------------- The Wise Doc. A member of a national medical association tells the following story at the expense of a physician: "Are you sure," an anxious patient once asked; "are you sure that 1 shall recover? I have heard that doe- tors have sometimes given wrong diagnoses and treated a patient for pneumonia who afterward died of typhoid fever." 3 "You have been woefully mis- informed," replied the physician in- ai . "If I treat a man for pueumonia, he dies of pneumonia." -------------------- i Origin of "Tying the Knot." A priest at a wed in old pe | lonia used to fake oe Ly e and abother groom. These he tied together into a knot, and sented it to the pride as a sym of the ure of the union be- | t tWeeR Dor aad Bes Burteaa be | ) the expression "tying the knot." A good scare is of more benefit to } i ! } some men than good advice . THE DAILY BRITISH WHIG and mountain fasthésses | . taller and ¥ I WALK INSIDE 0 SAVE TEN ' e Public has responded ---=10 my new price policy y reductions are permanent --not merely "catch-pennies" Since making my announcement of a permanent reduction in price of from $4 to $10 per garment. my shops from coast to coast have been kept busy from morning till night. It only goes to prove that the public appreciate my efforts to reduce the price of clothing. | MY NEW PRICE CHART Boulevard, Vosberg, & Fashion Park Clothes EVERY EVERY EVERY $45 'sss s65 $75 SUITAND SUIT AND ~~ SUITAND SUIT AND OVERCOAT yERGCOAT OVERCOAT OVERCOAT re-priced re-priced re-priced re-priced Te-priced '32 '38 '45 °55 *65 own factory production and cen- tralized operating efficiency. have so reduced my cost of doing business that I am able to make a reduction of $4 to $10 on every garment. EVERY EVERY $32 $38 SUIT AND SUIT AND OVERCOAT OVERCOAT MY EVERY $25 CLOTHES WILL REMAIN at re-priced $ $ 25 °28 Hundreds of customers have asked me how I do it. It is no secret. The huge volume of business last year and the number of new shops I have recently opened, together with my An important point to bear in mind This is not a special sale or *catch-penny™" trick to increase business in a dull season, and notwithstanding the fact that clothing will be much higher next fall my price reductions will hold good from now on. ey are permanent and have been made voluntarily. : I would seriously advise you fo buy now the overcoat or suit you may need later on. My EL OUIIL ITS ,OVEI ; Exclusive ( ; ners policy guarantees you a saving of at' least $10 to $15 on every purchase. § = OPE | SAL T! - UNRi30 C A . an PT a : fr Joi Tupper, t her residence near Algonquin, The death of John HW pper, | At he aaldene angutn, L : { 8 | im, . 31 Mrs Amelia Anderson, widew of years ago. ' | the late Captain Samuel Anderson. | Tray. N.Y. husband of Miss Ade-)on Friday dealia At St. Vincent de Paul Hospital, : formerly of Deseronto, pessed awey | inide Taylor, formerly of Brockville | Mrs, n Cavill, a highly esteem- Broekville, there passed away Tues- >. ; x at the home of ber daughter, Mrs. 0. ' sad sister of Mrs. H Overton Powell, [ed resilient. The late Mrs Covill day one of the best known residents . Aldred. Lindsay, on . She | ocrarred suddenly at New York on [was sixty-four years of age. of Mallorytown fu the person of Nor ; : ahr ; re The i Dec. 28th. Mr. and Mrs. B Cherry Val- fob man Haws, aged seveuty-nine years, remains will be buried at Deserouto.! Miss Libbie Haste. Daserouto, pas- | lay, bave moved to J. Wright's farm, | from wh death hy ¥ho tmd been confined to that insti- It's the things yon don't say that] sed away on Neduesdus. She was at | West Lake, and will work for him | The wise aman or {ution for about ten days. sham. [cause the least regret. oue Lime a resident 3t Belleville. another year. when the teacher laughs. . : SR th » Sa 5 oy ws