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» THE OSHAWA DALY TIMES. SATURDAY. DECEMBER 3, 1927 PACE New Gymnasium and Assembly Hall Opened at Whitby PROVINCE HAS A $278,990 SURPLUS yenue frem Liguer Act il Net Amount of §£3,300,000 wr Toronto, Ontario in the fiscal year just losed has pot only met all its lia- bilities and taken'all its discounts, ut has also paid '$3,000,000 off its ebt and achieyg@d a further cash surplus of $287890. igg--the hest which In this show he Ferguson afvernment has been | lable to make since its accession to ifice--the new liquor contral pol- | - icy figures as no negligible factor During "its first five months f peration it has returned '- " provineial treasury a net 1 of 33.100,000, . These figures Fecame available vesierday at the Parliament Build- | ings when Hon. Dr. J, D, Monteith, provincial treasurer, issued his an- nual financial statement. The prae- tice of issuing such a statement vas inaugurated by Hon. Mr, Prica when hoe hecame provineial tr2aa- r, and it gives to the public de- 'ef the province's finan.cs which formerly used to be withheld | entil the treasurer's budget speeca in the Legislature, The statement now issued covers the year ending on Octabar 31st last. It represents the bre i in a series of regu's v 1 mnrov- ing showings Which the ¢ (aver- ment bag he Min tn since taking over, the public fin- | ance:, Total revenues of $76,206: ' 87, are $5,455,495 greater than in the previous vear total expendi- tures of $56,008,647 are 364 greater than in the year. The bejance between two figures however, on the revenue that an ¢ ernment services has haen then adequately financed, Departmental figures make up the totals ave not without their features of Interest. In the Highways Department, for instance, it iz interestin~ to note that while the public paid a total lof $450, NNO lesz for thre they paid $657,000 more under the heeding of gasoline tax, the reve- rue under this levy totalling $4.- 033.000 as compared with pre=- | vious $3,876,000, The Succession Duty branch was the largest single revenue factor, vith $0,469,000 to its credit, an in- A A $702,000 over the pre- *Jtear, The corporation tax eo 2.478,000 under the head- : of fompanies, an increase of 000; £224,000 under the > of stock transfers, an in- ®9, 000: and under race a imugement tax in- reas 000 to $1,664,000. lends and Fore«is' revenve jumped ly $144,000 to $3,425,000, Under the hgadine of expendi- tures the last provincial election cost $531,000. Upkerp ot imstitu-' tions and grants to hospitals, and industrial schools creased by $339,000. Highway expenditures were $900,000 at- er. Increased grants to education tcol: an extra $326,000, increased czpenditure on Northern Ontario previous these shows side, which which ri 6 in- xnd the growth of the Mothers' Allowances also called for $137,000 the totel of lest year, Prime Minister's Department the cavitelization of rural Hydro bonuses reauived an extra $505,- 000 and in the Agricultural Depart- ment expansion of services called for an additional $100,000. The entire showing is regarded br Hon. Dr. isfact. "This banner province of | ontaris," he said in comment upon it, "is a growing concern. a vast expanse of territory and un- told resources to develop, millions of dollars have been spent in making our great natural wealth available, and all present indieca- | tions point to the fact that this over money was a good investment which will indue time, vield amp e return to the people of the province. "The forecast made a year ago of a balanced budget has been ful- filled; due provision has been made out of revenue for the retirement of the public debt, as laid down in Committee, and we have in addi- ion a substantial Surpive of $283. 000, This result ha ben ~ Dec. 3.--The Prov Wve' $4,355. ' is $1,100,131 | zpanding program of gov- y more 1 decrease of | char- | In the | Monteith 23 most £at- | We have | Many ! aot only maintaining the public services at a high state of efficl. eney, but after meeting many de- mands for their_extension, "This does nof mean that we can now rest on our oars. As has been previously stated, public services must necessarily expand; large de- | valopment expenditures must be made from which there is ne direct or immediate return to the pro- vinelal purse, except as it is re- lected in the general increased nirognerity of the people. but which add to the present hurden on revenues by way of the carrying charres on the money borrowed {for the purpose. We may face the Tfutura with ontimism in tha hel'af [that we v-ill he hetter prepared to Lontor the new fiscal vear with a |= ~ntinved expanding policy of pub- Li ¢ rervice." | | | Tre comnlete text af tha state- ment by which Hon, Dr. Monteith companied his presentation fol- "AWE r arly Financial Statement --1927 Following the practice introduced by this Government in 1923, T am todav giving to the public ment which will convey an idea of | the finances of the Province of "in for the mast fiserl yoar, | whic h closed on the 51st October, knowl- position of will furnish advance {edge of the financial i the prov' eas, iv Te the meetin of the Legislature whieh war the' former enstom, Last vear the preliminary statement was ziven nn Darember 13th, nle~sed to he able to submit figures tn the press pnd mblie, somewhat earlier this r, Ag in nrevious years theve no douht, he certain minoy in the firures. whieh tion of ha final thie public ncecount: hut t "fen will be substantially ama as tho» puhlishad today, Mip-t frrn'rs in Many Years In the budget address, delivered the last session of the Le~isla- ture, it was estimated Saat prov ided | | va | lived un to our ernectations, ard | [the ex Sandon wes retained within | ireezonahle bounds, we would he mre; 'or the retirement of the pnb- t, ond show a snrpins of i 1'n over $150,000. Tt 1s therefore with extreme gratifica- "sn that I am able to announce at hig hoen Bv referring to the will he noticed that wr ordinary revenues were $56.- 206.537. and the ordinary expen- re S56 008.547, leaving a sur- {pls of revenue over exnenditure, fter nroviding for deht retirement and' discount on honds. amo nting [to $287,990. This is the cvlmina- tion of a long and arduous task--- thet of restoring the seuilibrinm of the province, be- {ginning in 1923, when the ordinary { rev of the province failed to r t ordinary expenditure hy roglized. | tabulations, ii the $15,000,000. | A surplus i: oceur- an unusual 3 | rence in the financial history of the | reanired an additional $163,- Province of the last few years, and will, T am convinced. be receive! vith decided approval by the people | yf the Province. The following figures show clear- r the steady improvement in the tbalancing of the Provincial fin- | »nces, for the past five years: -- 1923 deficit for year $15,195,224 year 8,468,764 Cons RAAT NIA 812,140 287,990 1026 deficit for year 1927 surplus for year Dabt Retirement The plan for the retirement of he Provincial Debt, recommended yy the Debt Retirement Committee, ! the 'adhption of which was an- {mounced by my predecessor, Fon. orable W. H. Price, in his lest | Budget Speech, has gone into op- the report of the Debt Retirement, 2 steta- | Demolishes Voor Car Occupants "Escape Tobey When a Cer Loaded With Lumber Turns Over on Track in Front of Passen- ger Train J" could be given the C. P. R. passenger train, bound for Toronto from Hamilton, plunged into the ear. It was dragged for some 100 {eet, and about ten other freight cars were thrown off the track into the ditch. Engineer Prevents Disaster. It was said that the presence of mind of Earnest Newman, engineer of the passenger train, saved the lives of his passengers. He had scen the crippled freight car in the glare of the headlight and, apply- ing hie emergency brake, slowed the train to a low rate of speed before it crashed. The only dam- wze to his train was to the front of the engine and one set of wheels of ora of the two passenger coach. es slipped off the rails. The suddenly applied brakes end the crash threw the passengers out of their seats, but not even the win- | ows of the cars wera broken, en Piled Up About ten of the freight cars Toronto, Dee. 3--=Several Nation- al freight cars were smashed to matchwood when one of them top- pled into the path of a Canadian Pacific passenger train when iney were passing each other on the C. N.R. right-of-way, about one mile west of! Port Credit, at 7:50 p.m,, yesterday. No one was injured. Th» axle of a lumber-landen car on the westbound freight broke; the car swung over on the parallel 'ruck, and before any warning sig- eration with the closed. During the year $1,668,624 of maturing obligations have been met | aut of ordinary rvevenie; Sinking | ...o piled up. Four or five of Fund Tnastalments amounting 0 |.) pag been smashed to match- $20,154 on Sterling Registered | 4 (ihers were thrown into the Stock have been paid out of or | dicen and two or three remainad dinary revenue, and in addition | © 8 he ire bul mofo less $1,388,567, payable by the Hydro- [00 he UF id ; Mlectrie Power Commission, in ac- cordance with the plan, has been | applied in paying off maturing ob- fiscal year just ack, or s'de z in the diteh Ww two cars turned on t r 8, and IT am | the | time that ony expectations have | finanefal | | ligations, The Debi Retirement | "1d further along the track anoth- \ : { scheme which called for the retire- ment of $3,007,000 in 1927 hag thug been fully satisfied. Borrowings Refupding operations during the car have heen effected on favor- | } "ble terms. Tn addition to the Sarfal || Loan {ssued in January, 1927 [ ne after midnight whish was sold on a cost hasis of | or : { er cent, at that time the | voqp (he nest long-term money obtained hed hy he Province since the beginning |. last ninht, |of tha war, the Province has done |... «pao po nelderable short term financing |. anal en t) lat very low rates, resulting In con- shen. | siderahla saving In interest, The | recent loan was sold at a cost of | £4.56 per cent., the proceeds heing | uzed entirely for refunding loans, | ! ome of which bore a G per cent : the Gi roupon, and originally cost the | 1is. n the | ¢ train most | Province as high as 6.70 per rent, it cn? proceed The lon~-term issues of the Prov- 1 ince, despite the large amounts, | {have found a rendy market, which | comhined with the very favorahle prices we have received, are a ie- | flection of the growin confidence yi the public in the businezs ad- ministration of the Government, Our interest bill is $17.67¢ - | +did' {and with the provision made for ai Debt retirement, the annual carry- | ing charges of the Public Debt con- stitute more than a third of our total ordinary expenditure. ! On the other hand, interest | charges are incurred in a large measure for public undertakings finenced by the Province, such as ihe Hydro-Electrie Power Commis- | t sion, the Temiskaming and North ern Ontario Railway, and the fin- ancing of Agricultural Loans. Our interest expenditure Is there- fore offset by the fact that in turn the Hydro-Electric Power Commis- sion paid us back during the year (Continued on pa (LINCHIEPSMATER SOLD FOR $30,000 London, Dez. 3.--An early fif- teenth cepiury mazer--a simple drinking bowl of maplewood boun" with silver--wos sold for $50,00 at an auetion room. It was offered for $43,750, fo mazers are rare and in ardent de mend. About sixty ars known | and most of them beloag to O | ford and Cambridge colleges ana tr city companies. illed its contents he J forty ore ranw of to ud Oakville Sid- wroe Torts the yl thei ef timnte « up to had ¢ ol 1 No e: mado nor vdeo relg 08 our f ht car i Drokion, liter: hoih cide puiled vp and was on their destination, otherwise nad rted cor- », overlooing the activities of ti /vecking v7, sat PF. Lin.cot, th: C.P.R. conductor. "rlow dp this ie wos assed, 'A brolen journg l on th ' id Lad n cnt happen, 2 re adi ing y ty at t'vely nobody in the ps: ri'n had been hurt, Dir really Jn front of the ; ine most of the to ke rentere which acse activ- Here be i a 1 been hedly Old Dutch under- evidence was an o! the noting wes in the wooden ton the wreekinz erew heir enormous hook to the nd tried to drag it away- avery time the old woodwor': 7, to let the men & rain, In the track 'tood the C. P. R. engine Ernest Newman, the engineer, 'hat he had no idea of how had happened. He his first aecident in , but as to the rumor, ; later current, of mind by quick braking had saved hig train. he said nothing. Just that he didn't know, how about. The passenger "train is the one cheduled to reach Toronto at 8 rnd the accident occurred around 7.50. wal beside the crew. said thirty which ing somo This SOCCOVSI00C Old Country Photographs Skould Be Teken Before Dec. 10. CHRISTMAS GIVE messmo PHOTOGRAPHS - -- Campbell's Studio, Simcoe Street South. Engineer Averts Death FIND BABY'S BODY When Speeding Train inht | r trolley | ! tert all over | MADAME eugine | said : every- | it | that his presence | it had alll 8.25.1 IN BOCKRILL WRECK But Identification Not Yet Established--Official Surprised -- Kingston, Dec. 3--A message from Enterprise this evening states that the body of an infant about ten months old was found in the remain- ing wreckage at Dockrill. The wreck- age has now all been cleared away, and it is stated that no further bodies will be found. The identity of the baby has not yet been established, Funeral at Stratford Stratiord, Dec. 2--The funeral ofl Jacobus Keukelaar, victim of the! C.P.R. wreck near -- Belleville last: Sunday, took place this afternoon | from Greenwcod's Funeral Parlors. | Rev. G. A. Mackenzie of the Con-| greational Church conducted the service The pallbearers were iriecnds of Cornelius Keukelaar, bro- | ther of the deceased man. Tragedy Blocked R:zumion Added to the tragedy in connec- | tion with the death of Jacobug, was the death of another brother of Mr. | Keukelaar in 'Newark, N.J., sult of an auto accident a little than two wecl The thers had planned a mecting here, but their hopes wer tired hy the two tragedies "he cmaing cere leid to rest aa ndile ( tery. more ago, three Iro- A+ A + had split along the | "¢ side | | railv ay til | |and fin id [2 Memoriem ROSE, Phone PALMIST, 2372F, Diz 21 Hours (125e) MARKET, King St. (128¢) Maple St 2 to 9. RUMMAGE Tuesday, 2 Ladies' Aid. REMEMBER THE CHURCH FAIR, St. Andrev's Ladies' Aid, Tues- day, December €, 3 p.m, | SALE o'clock, L} | (128¢) | KING Tuesday, ji GIFT SALE AND TEA AT | St. United Church, December G, 4 to 8. (127-1290) ! | DANCING AT THE OSHAW WIN- ter Garden, Tuesday, Thursday | and Saturday each week. Private parties arranged. Phone 2X (T.T.S.f KALON QUARTETTE AS- sisted by Mrs. Adams, elocution- ist will put on a corcert in Rit- son School, Wednesday, Decem- ber 7 at 8 p.m., under the au- spices of Ritson Home and School Club. Adults 25 cents. Children 15 cents. (12%9¢) PROGRESSIVE EUCHRE IN THE | Orange Hall, Monday evening, in { { | { THE | | aid of the Orange Temple Build- | M ing Fund. Admission 25 cents. . A. PLAY AND CONCERT 1anville and Oshawa tent. | h Hall, Centre St., Monday, December 5. at § p.m. Admis- | | sien 25 cents, (129D) | {DON'T MISS THE COMEDY "i { Perplexing Situation" in Simcoe | | Street United Church. Thurs- i day, December 8. Helping Ha nd |, Class. (129a | RESERVE THURSDAY. Mioig | ber 15, Knox Cuurch Bazaar. | (12%a) |THE CHRISTIAN CHURCH Ladies' Bible Class will hold a | bazear in the basement of the chureh Friday, December 9. Tea will alse be served from 8 to 7 p. nm. (129-131-133) | {W. C. T. UU. SIMCOE ST. CHURCH Tuesday, DPecciaber 6, 3 pa. { 1292) [CHRISTMAS BAZAAR { Chicken Supper Hall. Broo co' Women's (Ang oa cember ninth. | Assembly { auditorium was filled with the as 4 re- | ¢ Awards Presented at Anuual Commencement Exercises Whitby H.S. I. M. Levan, Provincial High] School Inspector, Formal. ly Opens New Depart- ments, Marking Another Great Advance in Whit- by's Educational System (By Staff Reporter) Whitby, Dec. 3--Whitby High i School's new gymnasium and Assem- {bly hall are at last "open." The magic words were spoken last night by Mr. I. M. Levan, Provincial High | BF Scheel Inspector at the formal open. ing in connection with the annual commencement cxercises. The {function took place in Hall. The solendid the py {igh School "students hin iron Whitby A rousi -g ignal for the and their and the vicinity. wol yell gave the ing of the curtain J. Spall, the archi- construction, Chai and Scho weil nu mb rT ol Be group a eveloped into - who will give sof in the \ The Langevin bert Crs quarter-mile, the Josep! the or Champions Shy " for 1 | industrial | by rested Northam again when he was announced as the winner of the medal for the Senior Champi nship was awarded to Doug- las Maundrell The medal for the runner-up. ior the semor champion- ship The Junior Che Orville Devland, whom Mr. drell referred to as a youth going to be a great help scheol." The Correll. The girls Sconior medal was presented to Miss , and the Juric or medal to :h 2c. 2 OQdlum pr s awarded 'who was on Maun- "who is to the Junior runner-up wa Championship Mary to not , iss Murie A Jones, | prese: g last might. W. I. H. Richardson presented the prizes in Agricuitural given by the ate Colonel Farewell to Allan Wil- | son aad Gordon Hamblyn. A student quartette, then rendered a plaiy > selec wone Are The Days W hen Was New And Brig ht" were Miss Jessie Heron, wionship went to | A | Sianey Miss Cathegine Howden, Jack Priest and L. Michaud. The Literary Society prize to the student earning the highest number of marks in any five subjects 'on Middle or Upper School examina- tions was given by A. W. Jackson, Warden of Ontario County, and Reeve of the Town of Whitby to Miss Myra Holliday. "I congratulate you on winning this prize and I am sure your success and the cffort put forth will be re- membered and stimulate you to fur- ther effort in time to come. "I congratulate you Mr. Chairman, and the Board oi Education on the opening oi this splendid addition te ¢ educational buildings of \Vhitby. Vs is fitting as head of the County that I should offer the felicitations cf the munic ipality on your success and devotion to duty. The prizes won at the Inter-schoo! | Athletic Meet were then presented by Mi. A. T. Lawler. The Senicr Championship shield came to Whitby this year as also the Bassett Cup, su or {o the Me- Laughlin Cup . This cup has been ia competition for three Irs ad ha » been won by ; A. Hutchinson chool Gradua ¢ iollowing stu Myra Holl lott te Lawler : Leila R yeih presente' Diplom : Mad Berni idnct Pa 'chard Sheria: 3.0 C hinlking, and tl | ter years 8, of thos s if that is done." before the student 5 yvalty to their school, the Dominion, and Parents were reminded to uphold the auihority 3 1, Mr. Levan ¢ Eyed: asure in docs ing op:n for the use oi th i ha High Schoc!" The me closed with the sing- ng oi the nal Anthem. After the elders had dispersed, th t-dents and alumni, and any cthers {who 1 It to | inclined dorggd for a th ssembly Hal RD STR 13 n 1) | Sedge Yomces, WW. Cored] Points Out Lsbor Leader's Views La: 2.--Llabor leaders | to regard strikes , Judge James V.. Yerard, fo Anmt.ssador to Germany said here Thursday Judge Gerard is represonting the Bufialo. have com? public on the joint executive ecom- | mitiee on mercantile business whieh is in session in this city. "Conferences with prominent labor leaders prompt 1 to ex- yress the opinion that they cre ing all in their power to pre rikes," he said. "Labor leade: haracterize strikes 2s a preven' Yle industrial waste." The "~=mer ambassader said anions loubtedly had eccom- >lished uch foo American working and "buted the voor working conditions in Eng- the fact .that orgapized labor €id mot | Yecome, a powerful factor in Brit- ~entiy. First Fair Goifing Novice (to sec- ond ditto): I say, Brenda, that was veaderful shot of yours at the ever ~-nth. You know-----that time when Hu hit it! "CS -- -- Ly cett' Ss 5 King D Hr You're Don't Fail to See Window Street FE wntewn Re rp FART ET he BE AE I First Instalment of New Serial Appeas land in the last 100 years to the | sh affairs until comparctively re | + Collegiate Chatte the for Co And now Frolic. A riot of color, laughter and joy, rolliekim| funny skits interspersed by r geous danccs: that's the Colles Frolic. hg a turmoil "Bigger and better than e is 'the motto this year and al the various committees are busy work planning and making for its success. It should ce ly be a long remembered eve Before the Frolic, however, another great event in the scnooll history. This is the annusl mencement Exercises which will held on. Friday afternoon when plomas and awards are presen to those who graduated from school last year--an event Wh marks the beginning or commene {ment in commercial or perhap| higher academic life for those col cerned. dy The Drereises will also be on a'ahorate style and anyone who absent will both neglect a respo -thility end miss something rea 'nterezting and entertaining, 1inent speakers nd for the Exerc! these and a promis! sm together with t ations, a betten could not be di no * b2 on I ih al neoz tap of the afte I'rolie. On th th 2 Christm iyi little entertal between E are alread shoul ntations 10, CC, hey =. outstanding y gould be th {'fth forin Pearca ¢ Leen working on it £0 : aren' and just wait t --but cnouch said, noo! orchestra will al ressing f since tion a weer ozo, It is at presen of 2hovt twelve ple 'ng conducted almost © > little gymphony orchestra scal and a victory wen awa Collegiate basketball world since but under the ciremw is not such a bad m Jeturdey at Ontal e, two very exeitiny seen when 0.C.I cut by a 27 to the juniors -were hb by 30 to 6 sco towever, was not in prg portion to the closeness of tl game. On Wednesday at McMas! ir "niversity in Toronto, the senion 'ost th cecord game of the sel %or and to the vastly sup or McMaster quintette, Two defe nx up for rount while |'ng a a cox | shih, The de -ision of some of the etball players to play ' Social Club team school, althom; ion attached ly weaken t s cenicr team but in dol nut in more on a level ability is concerned witi the oi her three teams in the come fast and furio) be provided the iors and seniors thi i: ean assured fact, and ele absence of these play the sex'or lineup will the uncertainty of the Mr siides have be Van Luven ce3 out of the pro Lot dog stand on The number are mostly sh aad Italian artists and inde "The light of the Wo by Holman Hunt. "The of the Chair," and "Sistine Ma "onna," both by Raphael, 'Holy Night" by Coreggio. ado Twelve interesting es were on display in Mr. Teod's class room yesterday, ~onpe-tion with the play * Yenry the Filth," which fs read in upper school Engl They are pictures of the mre of the Lewis Waller com Zagland, in ther costumes repn ~enting the various ay. The cheraeters of ", Pistol and Fluellen are § ocially well brought out. C4; cters ™ At a well attended meeting oom 238, Mr. McCirr's class rod am Thurs a'ter four, ft nnerimously decided by the | '0 go aherd and procure red | any white middies in accordance wit te pnlen. "K ro form dress for #) oorinte | Hed This does" 2! the Pe rn hawever ns th Aha wear