Whitchurch-Stouffville Newspaper Index

Stouffville Tribune (Stouffville, ON), February 6, 1930, p. 6

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hound the wolves out of business from the mail and empire we hope and believo that the meth ods employed by the ontario govern ment to find out what has been going on behind the seemingly open coun tenance of the stock exchange busi ness will bring everything out of shadow and put an end either to wide spread suspicion or to entrenched ras cality if thero has been a great co operative movement to fleeco trust ing customers if bucketing has been prevalent where there was sup posed to bo actual responsible trad ing it is not enough that the sharpers be forced to reform they must be brought to justice and heavily pun ished there certainly was no inten tion on the part of the government or of any other honest folk that member ship in a stock exchange should be treated as a license to plunder people who could bo lured to do business with the holder the presumption that a coispicuou3 business is of a respectablo character and that those engaged in it are persons of common honesty is very general who doubts a broker who has taken upon himself the obligations of membership in a reputable stock exchange the con fidence thus so generally reposced in such dealers would doubtless be a temptation to men of a certain type if thero aro such men in brokerage and if they yield to the temptation they can in a time of active business in a few months build up a fortune if a few ot them work together so to abuse clients what might they not do in the way of accumulating mil lions innocent people who seek to better their lot by buying shares on a stock exchange are at the mercy of any pack of wolves that infest the mar ket also the productive business or businesses in whose shares the trad ing is heavy may suffer very great damage and tho public credit itself be impaired we have a mining indus try in this province that has been wonderfully progressive there is every prospect that if that industry receives from all hands the fair treat ment that it has had from its most enterprising men the men who have staked large capital sums upon their faith in it it will be the source of vastly increased wealth in the next few years and will be a permanent source so both from regard to its duty to protect the saving citizens of ontario and in pursuance of its steady policy to keep our mines flow- lug sources of wealth the ontario government is bound to see that the people who invest in the shares of our mining corporations get a square deal from the brokers to whom they entrust their orders but there must be no sparing ot the men who have been false to their trust as transact ors of customers business on a stock exchange following the pomp and pageantry of roman wedding the royal couple seek blessings from pope in the vatican vcea prince humbert married princess marie josa there were wonderful scenes of pomp and pageantry to the eternal city the royal bride an consource ot people after tho ceremony while three hundred planes flew overhead hero the royal pair are seen in vatican after receiving bes d bridegroom were ch ot the pope id by vast the markets united farmers of alberta are facing deficit slackening of interest also is shown in many of rural locals calgary alia faced with the largest deficit in the history of the or ganizationand with a reported slack ening of interest in many of the rural iocali leaders of the united farmers of alberta aro viewing the future with grave concern at the auajal convention of the u fa and its womens auxiliary of the ufwa it was announced that the deficit on the years operations totalled g0g4o this amount more than cutting in halt the organiza tions surplus ot 372001 opponents ot tho farmers govern ment and of the ufa movement generally point to tho fact that a year ago for the first time since its or ganization the ufa registered a de ceit of 1ss9 and that now the deficit ins grown nearly threefold in presenting the financial report h e g h scholcfield vicepresident drew tho attention of the delegates to the situation and suggested that it might be necessary to curtail a num ber of tho services provided to the locals by tho ufa or to increase the membership dues though tho number of delegates at tending the convention is closo to the total of previous years the various fessions of the annual gathering have lesulted in little of general interest in the words ot one delegate it is the deadest convention we have ver held power of gentleness that air so gentle so impercept ible to thee is more powerful not only tfcan all the creatures that breathe nd live by it not only than all the aks of tho forest which it rears in n age and shatters in a moment not inly than all tho monsters of the s6a tvot than the sea itself which it tosses up into foam and breaks against tory rock in ita vast circumstance for it carries in its bosom with per fect calm end composure th inoon- trollable ocean and the peopled earth like an atom of a feather landon poyrrty there a no sbjune in poverty or to slaver f w neither make curselt poor by onr own fcmrotjac jof slaves by our tnjt provision prices toronto wholesale dealers are quot ing ho following prices to the trade smoked meats hams med 23 to 35c cooked loins 48 to 52c smoked rolls 28c breakfast bacon 26 to 37c backs peamealed 36 to 40c lo smokeo 45 to 63c cured meats long clear bacon 50 to 70 lbs 24c to to 90 lbs 22c 90 to 110 lbs 21c heavyweiglt rolls 40c lightweight rolls 23e lard puro tierces loic tubs 16 nails ite urints itc to lsc shortening tierces 13c tubs 13hc pails 14c pork lains 33e shoulders 22c butts 28c hams 26c produce quotations toronto wholesale dealers are buy ing produce at the following prices eggs ungraded cases returned fresh extras 46 to 4sc fresh firsts 42 to 44c seconds 35 to 36c pullet extras 39 to 41c butter no 1 creamery solids 364 to 36ic no 2 35 to 35c burning cream special 39 to 41c no 1 38 to 40c no 2 35 to 37c cheese no 1 large colored par affined and government gred 20ie hay and straw wholesale dealers in hay and straw are quoting to shippers the following prices for carlots delivered on track toronto no 2 timothv baled ton 15 to 1550 do no 3 13 to 15 wheat straw baled ton 10 to 1050 oat straw baled ton 10 to 1050 no 1 timothy loose is quoted at 19 to 20 per ton delivered live stock heavy beef steers 925 to 10 butcher steers choice 950 to 975 ido fair to good s75 to 925 do i com 8 to 850 heifers choice 950 i to 975 do com 750 to 850 butcher cows good to choice 725 to 750 do com to med 550 to 650 do canners and cutters 350 to 5 butcher bulls good to choice 725 to 8 do med 650 to 7 do bolognas 6 to 650 baby beef 9 to 1250 feeders good 850 to 925 stockers goods 825 to 9 do fair 750 to 8 calves good 16 to 1650 do med 1050 to 1450 do grassers 6 to 750 springers 110 to 125 milkers 75 to 100 lambs choice 12 to 1250 do bucks 9 to 10 sheep choice 7 to 750 hogs bacon woc 1450 do selects 1 per hog premium do butchers 75e per hog discount do fob price 125 cwt under woc do trucked in 50c swt under woc forgeries total gigantic amount evidence produced at trial names soviets as instigator berlin evidence purporting to show that forged 100 bank notes recently discovered in berlin and now york had been printed on orders ot tho soviet government was introduced by attorneys for the defendants when the trial of a group accused of com plicity in the counterfeiting was re sumed herman ber defence attorney of fered evidence which he said showed the notes wore printed in the sovlot state printing shops at leningrad and two printing shops in a provincial town the forgeries occurred in 1938 b said and many forged american and mexican dollars and english pound notes were shipped to china for mar shal feng yuhsiang he said the notes later wero seized by the chinese government other notes were circulated la india south am erica poland germany holland italy and greece he said dr alphonse sack another de- fens attorney earlier had said the forged bank notes totalled 2500000- 000 but only a small proportion of that amount was circulated sac cald h hoped to argue in court that th bank note forgery was becoming a modern political weapon and should fc treated as a political offence ln- tttad qt ortmjejj oast two big projects to open in 1930 hudson bay railway and welland canal will be finished ottawa two large government enterprises calculated to go far to re volutionize transportation in canada the hudson bay railway and the new welland canal will be com pleted and inaugurated this year on a third the cliiguecto canal in nova scotia a physical survey started some time ago will be completed all that remains to be done on tho hudson bay road is some ballasting but this will be completed in advance of the formal opening july has been suggested as an appropriate date for the ceremony but those familiar with tho district report that that is a very- bad time because black lies aro then mobilized in battle array it is more likely to be in august the comple tion of the railway is of course only one step in the development of the hudson bay route because elevator and other terminal facilities must be completed first it is hoped however to be able to move a part of the 1931 crop by that route to the ocean the date of opening the new wel land canal is somewhat uncertain ex cept that it will be next summer considerable work has yet to be done on the new transfer terminal for lake traffic at prescott five millions will be spent this year mainly in ele vator accommodation the prelimin ary works and railway layout are now pretty well completed when the job is finished the big lake boats which now stop at port colborne will come down east as far as prescott the chignecto canal in nova scotia is not yet in the stage ot practical de velopment this is an undertaking long talked of years ago a lot of money was sunk in a marine railway designed to transport ships across the isthmus from the bay of fundy to northumberland straits a more practical plan now advanced and of which r k smith mp of cumber land has been advocate is a canal it would enormously shorten the dis tance by water between montreal and saint john and between saiut john and europe the survey which the government is making and of which it has received somo preliminary re ports is physical in its character the eoonomlc feasibility ot the scheme would be reported on later cleanup urged in stock frauds searchers find no trace of eielson parts of plane provisions and mittens discovered but no bodies nome alaska scattered tools parts of the motor batteries provi sions and even mittens havo been re- overedo by workers cutting into the icecased snowdrifts around the wreckage of carl ben elolsons air plane 90 miles southeast ot north cape siberia no trace however has been reported of the bodies of eielson and his companion earl bor land believed burled under the snow ntarby tho scene of the wreck is only a stones throw as distances in the north are reckoned front a russian trappers cabin for almost three months the russian had worked over his trap lines a few miles away en tirely unaware of the presenco of tire wreoked plane the tact that his trap lines were along the coast while the plane had crashed 10 miles in land end the few hoars of daylight in winter explained the stttratlon the plane crashed in j storm hovembex 9 while flying from alaska to the ship nanuk icebound at north cape peace must be dynamic and must keep the door open to reform and to tjf dom jtrj taint coast newspaper demands action by all attorneys- general vancouver the sun demands gov ernment action to clear up brokerage business in the course of a message which has been sent to the attorney- general of british columbia and oth er attorneysgeneral throughout toe country the message says if you and other attorneysgen eral of canada and the justice de portment allow tho prosecution of stock market manipulators to drag along indefinitely without at the same time taking immediate and con structive steps to remedy the situa tion you are going to imperil millions of dollars worth of securities held by your public and you are going to im peril the financial fabric ot canada until this mess is clean up and through investigation short brokers are compelled to cover and thus parti ally repay the public or are cleaned out canadian business will be at a standstill with public confidence shattered this incensed and outraged public wants some one sacrificed but a sacri fice will not remedy the present sit uation it is not certain individuals who are on trial but a certain system which has been allowed by you to operate until albertas farmer gov ernment stepped in that iniquitous system surely can be remedied by an immediate conference between at torneysgeneral of all provinces along with representatives ot the jus- lice department stock exchanges and the canadian bankers association who could advise and agree on some method by which the long and short position of every broker would be weekly posted on hisexchange and the long and short position of every canadian exchange publicly posted tho vancouver sun respectfully suggests in interests ot the canadian public that you immediately call and attend a conferensce along the above line at a central point like toronto and that you today wire attorney- general price of toronto that you will attend bomb discovered in british museum had been placed in indian room with a fuse attached prince in bechuanaland cold much less severe palachwe bechuanaland after a long hot and uneventful journey all day through the wild scenery of the bechuanaland protectorate tho train bearing the prince of wales from tho union of south africa to rhodesia stopped here sunday evening the princo walked alongside tho rails for somo distance and it was noticed his cold was much less severe though traces were still noticeable when he talked after leaving mafekiug the train travelled all day through tho bush- covered countryside a number of natives at palkroad were so busy sell ing their wares to the trains passen gers that they quite failed to notice the princo strolling in their midst possibly a hoax london a homemade bomb with a fuse ataehed was discovered in the indian room of the worldfamous british museum sunday j warned by an anonymous telephone i call that indian students had been overheard talking about a bomb in the indian room the museum officials immediately searched the building and found the bomb wrapped in news paper enly a short distance from the priceless collection of indian exhibits police summoned at once cut away the fuse and carried the bomb to tottnham court road police station for examination by experts until the experts havo reported officials said that thcy could not be sure whether an attempt had really been made to blow up this part of the museum or whether the museum authorities fiad been elaborately hoaxed meanwhile scotland yard detec tives set to work or the mystery the mysterious telphone call was received in the afternoon from a stranger who said that he had over heard a conversation between indian students in which thcy constantly re ferred to a bomb end to tho indian room but did not know if a bomb had i actually been put there i the indian room contains a superb collection of indian religious sculp ture of great beauty and rarity if the bomb had exploded the loss to jboth great britain rnd irdia would jhave been irreparable i the room is located on the upper i floor of the big museum building on the eastern side tho statues and ex hibits illustrate tho history of buddh ism in ancient india the cults of jainism brahminism and buddhism in ceylon on one sidi is the buddhist room containing rare objects connected with tho worship of buddha in japan medieval india java burma and siam political feciing against great bri tain has been running high among cer tain sections of a large group of in dian students living in london many of whom work in various sections of the museum scotland yard detectives issued a statement declaring that the bomb undoubtedly contained explosive mat ter but to what extent cannot be stated until the homo office exports give the results of their analysis a plain case it was afternoon tea the two wo men wero discussing a mutual friend howt patricia asked one has she got another job yet i dont know but what ever made her give o that marvollous position aho had at qadmans store asked the other well as a matter ot fiust trent on the first she waa employed in the jewellery department u a seectal detective and the silly thing simply could not stand being known if a plataolpthot woman a poor life man a man ha made a good liv ing who has made a poor life some men tar made splendid lives who bare made very moderate and srsn ttsntj telnja disastrous fire in wallaceburg tobacco plant burned new employes are again jobless wallaceburg twenty- four hours iefore the plant was to have re opened after a shutdown fire sunday morning destroyed the cooper tobacco factory here it was the most serious blaze in wallaceburg history al though the net damage amounted to only 75000 huge shipments of tobacco had been received at the plant for several weeks pakt in preparation for the re opening all that is left standing of the factory built in 1927 is one shed and the smoke stack machinery and other equipment was destroyed and employes who had been engaged to start work in the morning 45 women and 24 men are now out of employ ment this staff was to have been increased from this number within two weeks the fire discovered by the watch man broke out at 3 oclock and spread so rapidly that firemen turned all efforts to save surrounding buildings two eentuckians living in a portion of the plant went to help the watch man early in the fire and all their possessions were destroyed as the flames swept quickly through the fac tory a southwest wind fanned the flames into a large barn owned by bruce brown and this structure was destroy- eikwith most of its contents although volunteers saved some livestock fear canada may capture market pennsylvania interests pro test tariff change af fecting coal i washington fearing that cauada mlrht capture the new england coal market pennsylvania industrial and transportation interests have protest ed against the recent action of the sena to in repealing tho couutervail- log clause of the tariff law under which this country imposes a duty on coal from those countries taxing american coal exports under this provision which was re tained lit the pending tariff bill until stricken out last week tho united states imposes a duty of 50 cents a ton on canadian coal imports because canada levies a similar duty on do mestic coal other coal is on tho american free iist protests received at tho offices of senators grundy and iteed ot penn sylvania indicate that unless the countervailing clause is reinserted in tho bill tho xew england market which eastern coal producers for years havo sought to obtain and hold will bo lost to canadian mines while only a small amount of bitu- miuus coal now is being imported from canada the communications re ceived here express the fear that without the duty importations from nova scotia in tho east and british columbia ia the west might reach millions of tons a year it is pointed out that the xew eng land states alone consume about 20- 000000 tons ot coal annually and if canadian coal is substituted the do mestic industry depressed for some time will have its rehabilitation in- definitely delayed senator jone3 republican wash ington last week asked for recon sideration of the countervailing provi sions and chairman smoot of the finance committee said he had no ob jection just when the matter will be brought up again has not been e- cided definitely neighborly act saves village clovcrdale bc when the root of the central hotel at white rock col lapsed and a lurid glow was sighted from blaine the united states fire fighters there decided that thefo aro no immigration laws they toro along the pacific highway past two sets of customs officers and two teams ot immigration men and saved the comunity from disaster with chemicals they prevented the flro from spreading and when new westminster firefighters arrived tho united states men excused them selves remarking that there might be a fire in their country loss is esti mated at one hundred end twenty thousand dollars had the united states rrcn not responded to a neigh bors call the less might hare in cluded the entire settlement happiness deserved instead ot trying so hard as some of us do to be happy as it that were the col purpose of life 1 would 11 i were a deserve happlne manitoba gains from tourists winnipeg tourists mainly from the united states left 5s20508 in manitoba last year h b shaw pre sident of the manitoba and winnipeg tourist association told tho annual meeting of that body that made the tourist business he fourth largest in manitoba and mr shaw looks to see that amount doubled next year with the transcanada highway due for com pletion by midsummer so far as the kenora to vancouver section is con cerned mi- shaw indicated that he knew of no department of business in the province which would yield so quick and so high a return on outlay as attention to fostering tourist busi ness indeed mayor r h webb dso sounded one note of warning ho ex pected tho crosscanada tourist traf fic to be so heavy that it would cause congestion which would necessitate increased road facilities it was pointed out the total talue of tho tourist trafflo was exceeded only by that of manufacturing agri culture and construction in the order named with the new mining camps ot the xortb and their romantlo hlstqry standing out so conspicuously ho thought that special excursions into the mining camps might profitably be organized and advertised extensively ho had no doubt but that literally ihousands ot americans would motor up here and take the train from the end ot the good road system to the new historic sites of flln flon sber- rltt gordon end mandy mine high death rate from alcoholism us figures six times great er than those of canada xew york the death rate from alcoholism is almost six times fa great in the united states as in can ada according to the announcement by the metropolitan insurance com pany recently of the result of a sur vey made among 19000000 policy holders deaths from acute and chronic al- soholisni in 1929 were nearly six times that of 192s the first year ot prohibition it is revealed the rale for 1929 was 34 per 100000 as against 33 in 192s 1919 c41 policy holders died of alcoholism as com pared with 599 the previous year the lowest mortality rate from al coholism was recorded in prohibi tions first year the highest is 1929 when the rate was approximately twice that of 191s the concluding year of the war the mortality from alcoholism has always been almost negligible in can ada particularly in the province ot quebec where the metropolitan has nearly 600000 industrial policyhold ers among whom thero were only three deaths from the disease in 1929 said the companys report thh eternal tar8 happy are these who can see the eternal start in the sunlight as well as is th darkness tq whom all that is fairest in this tlslblo world is tho revelation ot tbe glory of divine and ureal things to whom the common gifts of gods provldenco are tbo tym- bola and sacraments ot the belter gttta ot his grace us whom a life un- txed by ear and illuminated with conspiracy trial starts at meerut accused charged with at tempt to deprive king of sovereignty meerut united provinces of india the trial of 31 pesonrs accused of conspiring to deprive his majesty the king ol hla sovereignty in bri tish india opened recently before judge r l yorke the accused pleaded not guilty emphasizing the accused were no4 charged with holding eoramunlsj opinions and that it was unnecessary to prove tho accused aotually did nnjfr thing tho prosecutldn said it was sup ficlent if- only conspiracy could be proved the accused the prosecution con tinued were members ot tho corn- munlst international which had e tablishcd connections with all the big railways arsenals and dockwbrkorsi and also established connecuvjns wltk tho allindia workers peasants par ty with branches in bengal bombay the united provinces and punjab the prosecution charged tho acf- cused wero members of an organize- tlon that aimed at the establishment ot a coolio government in the coun try but actually would secure powey for a small oligarchy controlled by the oommunitst international in mos- purpoce of lite 1 would a 1 1 raxea ny car ana uiuiumaiou boy again try still harder to i f ladntsi it the discipline for an end- hspplness james t welds j fn fit in jod love of truth he in whom the love of truth pr dominates will keep himself alooi front all morrlngs and afloat ko wij abstain from all dogmatism and re cognize al tbe opposite negations bf- twecn which as walls his being if swung emerf on s v

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