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THE DAILY BRITISH WHIG OUR NATIONAL PARKS SANCTUARIES OF WILD LIFE AND HEALTH RESORTS. By 'Far the Greater Number Are in the West, But Ontario Has Two and Nova Scotia Has One--Re- serves Cover an Area of 25,004,400 Acres. The Canadian National Parks are eleven in number. These it will be remembered are the property of the Federal Government: and, in addi- tion to these are large areas belong- ing to the provinces, that are set apart as sanctuaries of wild life and health resorts and pleasure grounds tor the people. By far the greater part of this fed- eral park area iy in the West, com prising those well-known, and even famous parks at Banff, Yoho, Glacier, Mount Revelstoke, Jasper, Waterton Lakes, the Buffalo National Park a. Wainwright, and the Elk Island Park, There are two federal Nationa Parks in Ontario--one at Poin! Pelee, the southern projection of Es sex County, and the St. Lawrence Is- lands National Park--several of the Thousand Islands. There is one in Nova Scotia, Fort Anne Park at ola Port Royal, now Annapolis Royal. The Dominion Parks and Forest Reserves cover an%rea of 25,094,400 acres, J. B. Harkin, Commissioner of Canadian National Parks, represents the happiest combination of the crea. tive and the practical, a well blended Prescription of Celtle vision and Scottish canniness. It seéms to most of us that. the Capadian National Parks system has been a "fifty-year reality, so well entrenched is the idea in the public mind, and so widely ad- vertised have been the names 'and characteristics of the great Western playgrounds, but as a matter of fact that national organization of parks, on the present plan, was not launch- ed until June, 1911, when J. B. Har- kin took his place as commissioner. The choiee of a commissioner was well made. Mr. Harkin had been city editor of the Ottawa Journal whicl probably; taught him all the Alpin« tricks of leaping from crag to crag Mr. Harkin with his newspaper man's sense of "balance at onc: 'aunched a plan to make the Nationa irks a great economic ass: t, a mag t to tourist business, and 'in a com- ratively few years had focussed 'tional attemtion the earning LIMINATE house- hold drudgery -- add to the beauty of your home with durable, sanitary Seaman - Kent, Beaver Brand Flooring. A small investment will enable you to enjoy the finest floors made. Simply measure the sizes of your rooms and ask us for an estimate on the material. ALLAN LUMBER CO. , Victoria Street Phone 1042, WHEN IN PICTON Lumber, Coal, Feed HYATT & HART Grinding by Hydro Power. * THOMAS COPLEY | Carpenter. Phone 987 See us for all kinds of Carpentry Sork. Estimates given on mew floors ald ave your hardwood floors clean- sur adw floor cleaning ma. Nt POWes i Lue para. 4 weil as taelr high importance to the more crowded Populations of Western Canada a few decades hence. To-day the system of National Parks is beyond the posai- bility of political or other interfer- ence. The sound idea of setting aside for the perpetual use of the people great and superlatively . beautiful areas of forest and mountain and river cannot now be disturbed. More- over, the demonstrated national pro- fit in dollars and cents from tourist traffic derived chiefly from the United Hates has made Parliament sensibly dulgent to annual appropriations for upkeepy and improvements. > One of Mr. Harkin's wisest steps Was to put through the construction Of a fine motor road across the Rockies, linking Alberta with British Other outstanding successes to Mr. Harkin's credit are the thoroughness of game protection in the parks, by which, in particular, the Bighorn and the Rocky Mountain goat have been saved for the future; the protection of the buffalo; the administration of the Migratory Birds Act; the preser- vation of the historic and prehistorie sites of our Dominion. The work of the Canadian National Parks Branch of the Department of the Intertor is one of the worthiest"achievements to the credit of our public service. Last year the total appropriation for the National Parks was $966,000, or $34,000 less than one million dol- lars. Let the other side of the ac- count, that of revenue, be presented In the words of the commissioner, who writes: "An"analysis of the year's travel shows that' 88,763 people went to the large parks along the main rail- way lines, of whom approximately 65,000 were from foreign countries. Estimated on the basis of expendi- ture of $300 for each foreign visitor, it means that the national parks are responsible for an indirect revenue of approximately $19,500,000. The total appropriation for the national 'parks during the past year were $966,000. According to the last census the population of Canada numbers 8,775,753 so that the na- tional parks last year cost the people of Canada about 12 cents per capita. They bring in an indirect revenue of $19,600,000, or a per capital return of approximately $2.32. That is in- direct: revenue. _But'it must be re- membered that this $19.500,000 is divided among the people and in- creases their incomes tu that extent. There are also other revenues from i parks, from the sale of timber and from various concessions and leases, which amounted last year to $72,000. In addition there were approxi- mately 27 000 foreign visitors to the smaflon | 8} t he remem. mnt New Issue, $250.000 ' Avon River Power Company | First Mortgage 6% per Cent. 30-Year Sinking Fund Gold Dated July 1, 1923. BOARD OF DIRECTORS w. H CHASE, Wolfville, N.S........c00vvuoe. President. Director, Pastern Co., Limited; R. A. JODREY, Wolfville, N.S......0.000uunen. 3 C. H. WRIGHT, Woitville, NS. ..............President, T. B. AKINS, Windsor, NS. -Principal and semi-ann: interest pa; at any branch of the Royal Bank Redeemable as a whole at the Com, y's option om any interest Provinces. to principal only. demo date on thirty days' notice at 105 and accrued EASTERN TRUST CQ. TRUSTEE Issue mutliorized by Nova Scotia Public Utilities CAPITALIZATION Authorized $600,000 250,000 250,000 ONES avian ie oh Comin rs svn Preferred th... ovis Wioniiiu COMMON: s+ « «4 titiicaic vee + 5 cae w Trgst Co; Trinidad Eleowic Porto Rico Ratlways, Limiced. sss gee. Director, Pickford & Black Limited, Power Oo, a a . Geaspereaux ver Light, ent Power Co., Limited. Bonds Due July 4, 1983. ~ River Light, Heat & and $500 registerable as interest. Commission, Issued © $250,000 225,000 | ) rom a letter of Mr. W. H. Chase, President of the Coniparly, and from the Deed of Trust, we summarize as follows ;-- THE COMPANY The Avon River Power Company was incorporated for the purpose of develop: ing and distributing hydro-electric energy in the Annapolis alley, Nova Scotia, in the rich districts adjacent to Windsor and Wolfville. Construction was start- ed on the initial development of 2,500 h.p. in June, 1923, was completed and - wer turned on February 16th, 1924. he Company owns another power site, which, using the same water, can develop a further 3000 h.p., bringing total deve- lopment to 5,500 h.p. The Company will serve an area of approximately 100 square ntiles, containing the towns of Windsor, Woltville, Kentville, ning, Hantsport and Berwick, while the surrounding farm- ing district is one of the most fertile and | prosperous in Canada." . | was provided of its will be SECURITY & The bonds are secured, in the opinion | of counsel, by a first mortgage on a the assets now owned hereafter ac- quired. : 'ie / VALUATION / The Beard of Commissioners of Pub- lic Utilities of Nova Scotia, under whose ° jurisdiction this Couiyan operates, has given a valuation of t « Eompany's pro rties for rate fixing of $424, . or over one and three-quarter times the present bond issue. The balance of .* $174,000 over the amount of the mort-. gage, representing actual expenditures, nually - The ng All | by junior securiti vorably reported on Warren, MLE, and by Mr. Consult through the disposal of es. No bonus shares are ing issued. Further issues of bonds can only be made for new developments or acquirements on the basis of 75 per cent. of the cost and when earnings are equal to ome and .ong¢-half times the amount required to pay interest on out- standing bonds and those proposed to be issued, and when sanctioned by the Board of Public Utility Commisstoners. EARNINGS The Nova Scotia statutes provide that a public utility shall be entitled to earn at leagt eight per cent. net on the value . Undez the valuation of the Public Utilities Board, the Company tted to fix rates to show them at least eight per cent. on $424,000, or $34,000, after operating expenses, maintenance and depreciation, sufficient to pay the bond interest twice over. Crom ES SIND 1 menci uly lst, , and an- , the Company will pay to the Trustee for the Sinking Fund a sum equal to 13% of the greatest amount of bonds at any time outstanding. ENGINEERS' REPORTS. 's development has been 4 Mr. K. L. . R. O. Sweezey, , of Montreal. hi Siralla in Soupection swith ! Cover Pome eon orived by Mess of --.... We offer the above bonds at 100 and accrued interest, to yield 6.50% JOHNSTON #w ¥ . ' f} 21) -- Columbia and ging direct access to, the motor roads of the United States. bered, too, tuat the «rks performea & direct service, which cannot be cal- culated in dollars and cents, by serv- Ing as a means of recreation for nearly 75,000 Canadian." SPACE SOON SNAPPED UP. Canadian National Railways' Parisian Headquarters Self-sustaining. "There is every reason for confi- dence that the Hotel Scribe In Paris, which has been acquired by the Can- adian National Railways, will not in- volve any additions to the burden of the systam," said Major Graham A. Bell, Deputy Minister of Railways and Canals, on his return from sev- eral weeks in ndon and Paris on business related to the Dominion's big public enterprise. "All the floor space in the Hotel Scribe which will not be required by the Canadian National Railways or for Dominion Government pur- poses already has been reserved by various financial and other institu- tions, many of them Canadian," sald Major Bell. '"We are persuaded that the revenue derived from rentals will not only pay for the maintenance of this office building, but also will en- able us to. lay aside sufficient to build up a sinking fund to take care of the capital outlay. The Domin- fon Government, for the space it occupies, will pay rent on the same basis as the other tenants." Major Bell devoted every energy to make the proposition as safe as Possible for the Canadian National Railways. With the retirement of 'Mr. A. Ronovici, the original promo- ter of the transaction, a special holding company, subsidiary to the Canadian National Railways, was formed under the French company laws, with Major Bell as provisional President and F. A. Young, of the London office of the Canadian Na- tional Railways, a director and gen- eral manager. Some, alterations in the Hotel Scribe are necessary before the best possible use can be made of it. Lieutenant-Governor of Quebec. The Hom. Narcisse Pérodeau, tenant-Governor of the Province of Quebec, in succession to the late Hon. L. P. Brodeur, has the unique distinc- tion of never having taken any active part In politica, apart from behind the stage, and of never having ad- dressed a political meeting. His association with the' Provinefal Parliament dates back to 1897, when he was called to the Legislative Council. He became a member of the Government in 1910 as Minister without Portfolig, and since then has acted as Government leader in the Legislative Council, directing the transaction of business of that body. Mr. Perodeau was born at St. Ours, "| county of Richelieu! Que., on March 20, 1851, and received his éducation at the College of St. Hyacinthe, later taking the law course at McGill Uni- versity, graduating with the degree of B.C.L. He isa notary by profes- slon and practically a life member of the Provincial Board, of Notaries, having been secretary from 1880 to 1912 and president from 1913 to 1915. He has also been professor of aw at Laval University thu re niversity of Montreal) since . He has also been con: with Lo 0 LHe ont Heat and ! Ji Con A rec tor of the Assurance Mount Royal, first vice-president of La Sauvegarde, vige-presideat of the Beard'ef Com- Mr. Perodeau is a widower, his wite, who was : daughter of the late Dr. Charles Buckley, of St. Hya- cinthe, having died some years ago. He will be assisted in Mis social dutfes at Spencerwood by his daughter, Mrs. McKenna, of Montreal. ---------- Commanded Canadian Brigade. Brigadier-General Leonard Guy Francis Maynard Greville, Lord Brooke, who has just. succeeded his father as sixth Earl of Warwick, is well-known to many Canadians, more esecially to those who took part in the great war, in which he served as brigadier-general and commanded the Canadian cavalry brigade and an infantry brigade. He was born on September 10, 1883, the eldest son of the fifth Earl of Warwick, and received his educa- tion at Eton. He married, in 1909, Marjorfe, daughter of Sir W. Eden, and has three sons. He'entered the army as an officer in the First Life Guards, and served "In South Africa in 1900, beco ing extra C.D.C. to Lord Milngr in 1901. He acted as Reuters special corre- spondent during the Russo-Japanese war of 1904-5, and holds the Order 1 of the Rising Sun of Japan and the Russian Order of the Red Eagle. He Md prs secretary to the adlan cavpiry brigade, becoming G.D.C. to the commander-in-chief of the British army commanded the folrth Canadian in- Hoty brigade of the expeditionary ree, with the title of brigadier-gen-. eral, and is still on the lst of officers of the Canadian forces. He is at Present Inspestor-Gemeral of Forces in Great Britain. Canadian Wins Success fn London. | sll LL.D., who has been appointed Lieu-° al Lien. missioners of the Provincial Bank of | Canada, eto, . 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" \ r If you are In company with 'oth- BY oad ers be not ashamed of truth, for his own affairs, " He 1s wise that hath wit enough | The virfues are lost In Interest as rivers afe lost In the sea, EYE CB he igi ir --