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E3"'~... interest. Temple FY! I! IQ Ex 1075. UIIIII UNI bath & 105. Q_._. Ont. Ave. ontreal. .|....A.L I- | ublio. p':;.;'2:a |=._T.c.|T: IVI NII ggtlon pot Llpitod th old when ICEL- ELL Barrio) .1... LVUI {'8 p.111. Plaxton. ziaitnl. 80th . WUl{.l..l)l.*.Vl:.Nl THEIR SIGNIFICANCE. 6* `\Wliam"Bank:. ` . I 1---- 1-.. I -1 L____ __._l - `I.-I.n ..-:II-.. l'I ,, ,__,,L tsguw A Canadian Government -loan for $100,000,000,` arranged in New York through a syndicate headed by J. P. Morgan & Company,` was oversub- scribed ve times in a few hours on the date "of issue. Almost simultan- eously the Canadian dollar improved on the New York market, being quot- ed at one and a quarter per cent. dis- count against one and three-quarters of a few days previously. The im- mediate success of the Canadian loan is at once a'tribute to Canada and proof of the fact that there is a very large amount of United States money awaiting favorable investment. The C Canadian Government received a net price of ninety-seven and a half for the loan while the syndicate which put. it on the market did so at par-- one hundred dollars. This left the bankers and brokers two and a half per cent. for their services, or a total WM|lllllllllllllllllllllllllllllml||H||llM MmN!lHIIilllimllllIllIlllllllllllllllliiilllmmmlil Thursday, May -1, 19:2 The assurance, independence and satisfaction which the knowledge of something in reserve always begets {will be incentive enough for building ` t up. - ' . A ' BAN mokoufo A. n A.` .44 -gg _ Qua AAA AAA And a Savings A Account Not Yet Opened Now" that he can order it at once from his favorite dealer in village, town or city, nothingis too good for the farmer. . Within the same convenient radius of your store are scores of thrifty housewives who would be pleased to have a merchant solicit their trade, by Long Distance, Even if a sale does not result, you have advertised your business in a very effective way. They will prob- ably call when they come to town, or order from your advertising. It's human nature. Long` Distance can bring suburban prospects within `sound of your voice. Turn it into a salesman and keep it busy, Every other means of communication is a- substitute for the voice-the voice is YOU.- L . Brings the Farm 1% '4 to Town L -3.9-i_ta1, $5,000,000` - Rgsewes, $7,000,000 Every Bell Telephone in a Long Dlatatyce Station obato at lion, and Ann nlvg 5 , CV U GUUUIIIIUI CD It the same story at the en 16%? d of_tho yea:~--noth1ng saved forthe future? What about the resolution at the beginning of 1922 to start eusnvings account? Is it going to be 61.. 3150513 ah-urn at Han nut` nf Oh` '7 WDo not oonnue putting it on`. A` small amount will open an account. BRANCHES I BARRIE - ALLANDALE of two and a half million dollars on the issue.` This is considered inn- ancial circles a fair price. The loan pays interest at the rate of five per cent. and is for thirty years. Sub- scribers resident in the United States are not taxed on the issue. It would be manifestly impossible for the Do- minion Government to tax subscrib- ers in a foreign country. On the whole, the weight of opinion seems to be_ that Hon. Mr. Fielding, Canada's Finance Minister, made a good bar- gain. The new Canadian loan was oated : in order to meet immediate-maturing . obligations. The Government, it_ is , expected, will be in the market in the 4 fall for additional loans,. or a large j aggregate loan, some putting the fig- ure as high as two hundred and fifty` million dollars. The 1922 war loan . issue, approximating $182,000,000, has to be met. and there are bank loans totalling about $140,000,000. Between now and then the Canadian, market will be a fair indication as to] the advisability of oating the loan in this country. Otherwise New York will be the scene of the next oat- ation unless there has been such an appreciation , of sterling exchange that the London market will be worth while considering. It is to be hoped `A that conditions in our own country will be such as to assure of the great success of a domestic loan. While it is gratifyingto have Canadian credit standing high in other countries,` there is a sense of satisfaction in ow- ing money to yourself rather than to outsiders, however friendly your re- lations may be with them. i It is a plesure to note an increase in Canada's trade, which started at the beginning of the year and has continued since. This taken in con- junction with the fact that there has been a considerable price reduction in many lines means more than is im- mediately apparent on the surface. March showed a total trade of 3140,- 184,872, an increase of $38,886,144 over February` and of $41,610,939 over January. Both` imports and ex- ports were responsible for the in- creases. This increase is accompan- ied by a lessening of unemployment in a_ number of centres where many. people have been out of work during the winter. In so young a country as our own there should not.be_ long periodsof trade depression and un- employment. But the world is not yet on the path of peace solidly en,- ough tomake industry and commerce the main objectives of all the nations. And so many of the latter have been cruelly pinched by the war. Canada has felt conditions in other lands to a more or less marked degree. - That is why she has more interest in the outcome _of the Genoa Conference than .some scoffers are inclined to think she should have. There is not a day that passes which does not em- phasize the truth that a modern na- tion cannot live in splendid isolation in these days. Savage peoples do not worry about the troubles of the civil- ized world. though some of them are occasionally more or less affected. The. Genoa Conference is still `in session. That is something more to be grateful for. It has come near to being. wrecked on several occasionfz. First the German-Russian treaty, of itself no great thing, but startling in * the way in which it was reached and announced, threatened to disrupt the gathering. Now with Germany ac- cepting the ruling barring her from discussions on the Russian question and with the Russians showing an eagerness to accept allied terms, that matter_ is fairly well smoothed out. France has been a thorn in the side of Lloyd George and those who with him keenly desire to bring out of the Conference something concrete for! the re-establishment of industry and peace in troubled Europe. More militant than ever, France has de- manded thatultimatums be presented to Germany and Russia alike, has per- sisted that on certain points her views must predominate, has declared her intention .to withdraw if this, that or the other is not done in such and` such a way-has in fact acted a good . deal like one who would rather that the sword and not mutual agreements , and concessions should be the decis-9 ive factor. On thetpart of many who ,have attended the Conference and {are still there, there is still patience and much sympathy for France.` Most of them have seen at least a part of r her devastated territories and have i sensed her gaping wounds- But her ~ course is calculated to wear out the - `forbearance of those who are her best i r : 1 I I I r ifriends. The attitude of France left a bad impression after the Washing- ton armament conference. Her per-I sistentdemand for the strong hand at this time is creating a bad feeling among Europeans" who were inclined to be neutral or friendly. Yet one .may well believe that France will stay with her allies and above all. with ' Britain in the great task (if restoring : civilization to a big part of the world. , If she does not she will hasten the day when Germany and Russia will bebanded in an alliance that has of- fensive military action as a` basic `principle. Both are , remembering that the new map of Europe has de- prived them of much territory they once counted as their own. Herbert isidebotham, one of the most noted of British journalists at the- Genoa Conference, stresses the ...-..-.+ 4-hat -I-An nn-nah imnnrfnnnn 5 consider. the war period and have generally 5 been maintained much above the pre- 1 war gures until lately. There has : in the meantime been a considerable i, reduction in theaverages of the cost of living. Many observers believe that while there will be some further reductions, the pre-war standard will not generally be reached. In other words the argument is that higher wages will be prevalent, even though the cost of living may drop to still lower levels than was the casein the days before the great conflict. As a result of a decision in the Paris Court of Appeals, _ juries in France will have added to their other duties the necessity of assessing dam- ages for grief. Up to the present in cases of persons killed by accident, the survivors were awarded damages only on the basis of material loss. That is to say, depreciation of the income of families or other depend- ents was the point for the jury to As the consequence of_ the latest ruling, however, juries will have the power to consider supple- mental damages covering grief andi physical wear and tear. Sidebotham, point that too much importance should not be attached to the various crises. There are `,`die-hards there, he says in effect, who will make all the trouble possible, A only to com- promise in the end. His view is that the first half of the Conference is "over, and that in the future the ga-~ thering will be regarded as one of the turning points in the history of . mankind. The big thing in sight at Genoa at the moment of writing is the non-aggressive pact that is the proposed agreement under which all n the nations in attendance will agree to abide by existing boundaries and not to conduct any aggressive move against the territories-of their neighm bors. - Whatever the great powers may think about it,` the Greeks and the Turk Nationalists are resuming their operations on the Smyrna front just as if there was no one interested but themselves. `Greek aspirations receiv- ed a rude jolt when the allies through their ambassadors agreed to terms for the settlement of the Near East muddle which were pleasing to every- body there apparently but the Turks` who -represented the Constantinople and the Greeks. The Turk Nationalists do -not acknow- ledge that the authorities` at Con- stantinople have any power in the matter and the Greeks,vwhose dreams of ruling Constantinople itself were refreshed by the "war, are now in a sullen and angry mood. It is rather curious that in the midst of these op- erations and an admitted need of money to carry on the campaign, Greece should announce preparations to meet interest payments on credits from Canada. She. may have found a new godfather. government at `_ -There is an increasing tendency in Britain to settle industrial disputes amicably. Both sides in the shipyard worker s dispute, involving 300,000 men,.who.have been on strike, have accepted terms of settlement. A The men will accept an immediate cut of ten shillings a week in their wages, and the remainingpcut of six shillings which the employers had ordered will be split into instalments taking effect in- May and June. This looks like_a very big cut. But itemust be remem- bered that wages in Britain, as in our own country, went up very high in THE BARRIE EXAMINER Ireland continues to furnish ex-| citement and thrills for those who are I in search of them, though perhaps a- lot of other people regard-with com-1 passionate regret the continual shoot-; ings and bloodshed that distract that country. Beneath it all there seems. to be an e ort for closer co-operation l between the elements that are nottoo 4 blinded by prejudices to see that the} cure for Ireland s ills rests with Ire-i land herself. The murder of Brigad- tier-General,Adamson of the Irish Re- publican forces at Athlone is a sam- ple -of the strife that leaves bitter wounds. He was walking along the `streets with two of his men in the early morning when hewas accosted; by a group of men who took him; - aside and shot him through the head.i 1 Adamson, who fought through the r- great war as a British soldier, win- ; ning the Distinguished Conduct Med- > al and other decorations, seems to . have been an immensely popular man - his body was awaiting burial. and there were pathetic scenes` among all classes in the town when ! The 1st Battalion, Prince of Wales Leinster `Regiment (the Royal Canad- S . '1 ' .iX1lXllllIlllxlllllllllillllfllllllllllllr ' L `w: R r` XIII}XllllllllllllllllllllxllXIIIIXIIII. 3/ ,,_,_. , , , X ,,,`A.,,,,,-,_,,;,-,,~-x. ;;;;::.:1::v:x`!:III'lI1111rII e `ANoRmWImmg ........'"'=~" oruer o! 275. WnsoN's Still the most for the. money ians), is to be disbanded as part of the British policy of army economy and the arrangement for the disband- I lment of the forces` in Ireland. The "The National Smoke ) The heavy hard top and bottom wires and stiff stays in Peerless Poultry Fences make boards or rails unnecessary. Posts can be set farther apart than with netting. This saves you lumber. Then Peerless Poultry Fence lasts ve times as long as netting and its strength protects your ock from outside intruders. Ask the Peerless dealer near you or write for our catalog showing our complete line of "farm, poultry and lawn fences. Write fol; our -illustrated booklet on poultry Protection. V waif `Wt caow ABOUT PEERLESS POULTRY FENCE |i1'ai2`o' BANVVELL-HOXIE WIRE PENCE Co.`. Limited Winnipeg. Mun. Hamilton. Ont. regiment has long been associated by name and tradition with Canada and its progress, though of late more in a sentimental way than active. Page Eleven` I be to 1-day. . hroat Npeciallio