Porcupine Advance, 17 Jan 1938, 1, p. 5

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Mines PaX ind Die pri WA day, that‘s for the first Ic then you usually get a bo per day for the next 6 m another boost to $6.40. T minimum of 6 days a week "The kind of board a wants costs about $11.00 pe the miners belong to unior the unicn operates stores can buy food and clothing questl the b: in the that wo or four JjJob with up to yo enough tion, b hno Ui: SNNIlI., DOSS. "Would there be any chance of getâ€" ting a job if a fellow went up?" was ous mexi auery. and with V€ in the in dir« that Genuine Masterpiece in Misrepresentation Along Canada‘s Mining Highway Hardly a Statement in Lengzthy Interview that Does Not Clash with the Facts. Alleged "Confession" of Alleged Shift Boss to Midland Newspaper Takes the Sault Prize. on t 1e Ne OJ Y th SuUure b*‘4: 101 JANTUARY 17TH, 1938 1l Physicaliy Fit Can Get Jobs in Northern Mines That there is work for the physicalâ€" it man who doesn‘t object to pick shovel for three or four months i a rather tough bunch of foreignâ€" ‘ was the information given by a t boss in a gold mine in the Timâ€" s area. Home for Christmas leave, was interviewed by a member of staff of this newspaper, and the ticons and answers are recorded for benefit of those considering work he North of Ontario. re the mines all busy?" we asked. ‘es, they‘re working twentyâ€"four ‘s a day on three shifts," stated uUre bu I‘ve ever seen," the friend said. iinly it is the limit for misrepreâ€" lion and misstatement. Hardly a ment in the whole article but is to flat contradiction by the facts. a thcusand men out of work, a ng list at all the mines, and the al curtailment of work during the ‘r months, it is easy to see how it is to suggest that anyone can ‘ork here. As for the senseless inâ€" to the "foreigners," the records that they are not "rather tough" aire lawâ€"abiding and orderly. Inâ€" those who know the "foreigners" is country are more and more inâ€" i to withold the term "foreigners," ring to them rather by the more ed name of "New Canadians." If is a mine that follows the proâ€" n plan suggested in the interâ€" there would be little but drilling »:e in a short time. They would have a problem in placing their gers as the "muck and shovel" zraduated into the high jobs, naâ€" y squeezirg out those a‘ove them. illeged shift boss wasn‘t even right there being no coloured gentleâ€" in town. There have always been ‘ of this nationality. The suggesâ€" that Ukrainians or any others of New Canadians attempt to frame bosses is a gratuitous slander. ‘body would like to see that "lift" carries about 240 men at a time." lift would be a whopper. As it s the statement that aeserves the In keeping with all the other nents, the remark that all men e mines belong to the union is rect conflict with the facts, Also union" conducts no store here, the stores in general sell at fair .. ~Item ~by item, the article . be contradicted, but for those in nining camp who know conditions. 1, perhaps, prove amusing by its, absurdity and misstatement. Here as published by The Midland 11 id Ooniy months arder Lake district of Ontario 8s, much charge. man $ vÂ¥e askec Â¥ is apparent. At the Barâ€" property mining plant is lled preparatory to underâ€" e replied pass the t‘s awful at ‘muck â€"at $4.25 for an 8â€"hour or the first four months, get a boost to $5.60 the next 6 months, then t to $6.40. That‘s for a 6 days a woek. ‘ shift boss . room and do who is willing hard night many the town work und inn The Advance has handed The Midland Free Press th, 1938, the front page ntcrview with an alleged m Timmins. "It is the epC On id clothing i less than ay forgsigners working ie then asked. he countered. "Poles, s, Swedes, Germans, just about every race don‘t think there is i6d, "if you‘re healthy he physical examinaâ€" ful stiff. They would uck and shovel‘ but last for about three then you can get a ind from then on it‘s an work up to a good ringing result East Malartic Gold oping underground, "big mine" outlook. Quebec whship excep he amond record of proâ€" M 1€ whi t go out to do that? guV wWants r week. All s now and where you at reasonâ€" the rest of in than he boss of NC if he 0o out Ma new mAn | m iand | Kerr Adc Yankee Girl development loomin The call for tho plane was put in early in the afterncon by Dr. R. L. Empey who had travelled to Fraserâ€" dale by train to attend the young paâ€" tient, and the plane speeded from Scuth Porcupine to Fraserdale and reâ€" turned to Cochrare abcut 3.40 p.m. when Marion was delivered at the hosâ€" pital and opsrated on for a ruptured appendix. ; 1_â€" _ "Are the men who Marion, fiyv panied by he Empcy perfo Cochrane, Jan. 1l5thâ€"The A. E. Wicks Co. Waco plane successfully complieted another mercy flight Thursâ€" day afterncon when it brought Marion Northey from Fraserdale to Lady Minâ€" to hospital here for an emergency opâ€" eration. Bay on Sul Landry ma witnessed brought out ing fraterni Jack Landry of North Bay, won the ski jumping championship of Northern Ontario at a district meet held in North Bay on Sunday. In his longest jump Landry made 131 feet. A large crowd witnessed the competition, which brought out the cream of the skiâ€"jumpâ€" Airplane as Ambulance for Fraserdale Child Jack Landry Winner of Jumping Contest Skiâ€"Jumping Experts Take Part in North Bay Compeâ€" tition on Sunday. "‘Sorry. I have to get off here. Look me up if you come to Timmins." "What again. "Is there any opportunity for a man with a business training to work in the mines offices?" we plied on. "Yes, if you have a business college training you can usually get a job there. They start you at about $27.50 a week," he stated. round C "Not very many. A lot of men who aren‘t healthy enough to work in the mincs are without jobs of any kind. The only places where they can work are in stores or offices, and most of them haven‘t enough education for that," he explained. exams tfémperature at that level is between 95 and 105 degrees all the time but they are putting in an air conditioning sysâ€" tem so it won‘t bse too bad. Near the surface it is pretty cold. When you start work, they .start you near the surface, then as you get lused to the air pressure they move you down to the deeper levels," replied the shift boss. "Is the work steady?" we queried. "Well, I‘ve been there for four years and this is the first time I‘ve been away aand I had to ask for leave then," he "Albout 10 minutes by to the head af the mine go down the mine in lii ahout 240 men at a time "How far down," we a mines go and what is it 1 "‘The Hollinger mine i mile deep, but they don there yvet because it is and even had to pay for suitable work clothes and they left at the first pay day without sayving thank you. Then about six months ago some young felâ€" lows from Toronto came up and they like It a lot. e : c with t apir A,RTEC Â¥vha*t 11 llows from m serta p wel ip impo is prepat indic do 111 The Ukrail ere any other jobs open for cannot pass the physical rid we. ; elopment of the exteonsive dicated by diamond drilling. preparing for shaft sinking an continues development cale. Martinâ€"Bird is shapâ€" about renort ftayvo for e competition, which e cream of the skiâ€"jumpâ€" of the North. gqu ew months tc rs," he said dy Trip :B n "was:â€" ‘"Do ‘city the mines?" re willing to put up s by bus, takes us mine and then we in lifts that carry ne 1s now Oover a don‘t work down ~Is too hot, The level is between 95 )ld, was accomâ€" ind a nurse. Dr. _ and rted â€" Thursday favourable conâ€" ians don‘t know go anywhere, and ntrol them they‘re they get anything have asked, "Do the like." auch favou is tough work said. "Three own came up minin zF0 joDSs suitable work the first pay he Patricia a potential the British mour and and _â€" was tht t on comâ€" vou for 1ew ore evelopâ€" started Refreshments will be close of the discussion Pre‘:t Baso Metals Big Missouri Beattie . Bidgood Bobjo Bralorne | Buffalo Ankerite . Canadian Malarti Castle Tretheway rCentral Porcupine Central Patricia |Cor It is expected that a number of the members of the Sckhumacher Men‘s Club will be in attendance at the mseetâ€" Mr. Austin Neame will be the gue speaker this evening (Monday) at t] Men‘s Forum of the Timmins Church, Mr. Neame to spsak on Cex lcn. Mr. Neame spent several years : veylon and his descriptions of t country and its people are most inte esting and informative. The mestir toâ€"night commences at 8 p.m. The will be other features to the mse:ir in addition to the address. The mee ings of the Men‘s Forum have becon specially pcpular on account of t interesting ard informative programm: presented at each and every session. Red La.s Goldsh PSherritt Gordon St, Anthony . Sullivan Con. Sudbury Basin Stadacona Sylvanite . SBiscoe Teck Hughes Toburn Ventures Wright Hargreaves Lecture on Ceyion at Forum Toâ€"night Mr. Austin. Neame to be Guest Speaker at Men‘s Forum. Kerr Addaison Kirkland Lake Lebel Oro .. Lieitech :.}:..... Lake Shors Lee Gold Little Long Lac Macassa Manitcba East McIntyre McKenzisc Red La McVittie Graham McWatters Mining Corporati Moneta Naybob N‘pissing Noranda Omega Famou LremIier Read A UGunnar Hardrock Hollinger Howey Hudson Bay Irternational Jackson Mani Kerr Addison Kirkland Lak Lebel Oro .. Glencra Goldale Granada LLom? Eldorado Falconbrid Darkw Toâ€"day‘s Stocks | niagas niaurum n. Chibo teon hey Kleée uOW Tien Ate McGill Uni above photo ithiet 4A Nicke A a Listed i ke C IVLEN S | When the discovery was made a f group of ten claims covering the souâ€" |thern part of the vein was staked by the guest| the prospector, and now the six claims y) at 'he{ to the north have bsen acquired from ns Umted' the four prospectors who owned them. k on Ceyâ€"| Ancther vein running north and il years in ; south has been found on the shore of is of the| Granite Lake, amout 1500 feet east of iost inter. | the principal showing. e meeting|: A crew of men is now on the proâ€" q. Thorelpsrt-" and it is proposed to cut rock e msocing , trenches at intervals of about 100 feet south of the stripped area. Sampling will then be carried out and will give a |clearer picture of the discovery‘s imâ€" portance. Principals are pleased with results chlained to date but are naâ€" turally anxious to get more work done. me» The meetâ€" ve become nt of . â€"the | ‘ocgrammes session. aaAr aAaf tha THE PORCUPINE ADVANCE, 14.75 1.30 13.00 51 6.60 14% | d â€" hal i hi distarce. T t4 75 | Gramt-eLLa} 3 05' Regox s C 1| 31| vein is cov 193| Ccapping ant 115| the guartz 1.40| capDping wa 4. 10 1.08 00 1C | _ _ Sudbury Star:â€"A fossil crab, 50 milâ€" lion years old, has been aug up in a London subway and directed to the cmplaint department. | % Reviews Insurance Record New Gold Find West Shiningtree Area Recent Work on Discovery in Fawcett Township Reâ€" veals Rich V alues Faw: howir President, Canadian Life Insurance Cfficers Association, whose review of the rccosd of life im~jurance in Canâ€" ada is of particular interest. orth Bay, Jan. 15, 1938. â€"Located in ‘cett township, east of Asquith, in West Shiningtree area, a new disâ€" ‘ry of gold is reported, having been ie last fall by E. B. James, prospectâ€" in behalf of Toronto interests. Conâ€" rable work has since been done on occurrence, and it is stated samâ€" g has shown the presence of high ew principal Dr. Lewis Willlams Dougla sk in the University offices. discovery has been partially unâ€" d for a distance of about 2000 nd entirely stripped for 160 feet, ig a width of 35 feet over that ce. The occurrence is west of ts Lake. Reviews the Record _ of Life Insurance said Mr. Geddes, "halfâ€"aâ€"million dolâ€" |â€" "A fair rate of interest for the rent lars was disbursed in cash by the life | of the accumulated funds of the policyâ€" insurance companies of Canada to their | | holders is necessary for the success of policyholders, most of them men and | the business. Theoretically the life inâ€" womep of mo@est means who had th.US surance business could be carried on th}'iftlly provided for the proverbi@l | without interest, but the cost of the rainy day. In fact, this daily circul@aâ€" | insyurance would be twice as great as it tion last year of the accumulated sayvâ€" ‘ ings of our citizens in life insurance far exceeded the direct relief payments of | ‘all agencies throughout the Dominion. "Despite the recession in other lines of business," continued Mr. Geddes, I ‘more life insurance was sold in Can- ‘ada in 1937 than in 1936. The increase | was about 7%, bringing the total new | for the year close to the |$675,000,000 mark. Even more imporiâ€" | [ant than the increase in new business % was the decrease in terminations, which | was probably at the lowest level since | 1929. This is an indication that conâ€" ditions are improving and that the average policyholder is realizing more and more that his life insurance is his ‘ greatest asset. is now, and it would not be practicable \to attempt to insure lives on this basis. Policies presented in iforce and guarâ€" anteed by the companies are based on ’the assumption that a fair rate of inâ€" terest will be earned. The companies are debtors to their policyholders under | these contracts, but, of course, can only ' pay their debts in full if the majority of | debtors of the company (that is, borâ€" rowers from the company) pay their debts in full. | "In Great Britain and the United States debtors, whan and where necesâ€" ‘I sary, have been relieved at the expense of the general taxpayer, tiut in Canada | legislative relief for the debtor has genâ€" ‘erally taken the form of forcing parâ€" ticular classes of creditors to extend "Life insurance companies have come througsh the last great depression sOo well, and it has been so generally known that no policyholder has ever sufferâ€" ed a loss through a faillure of a Canaâ€" dian life insurance company, that there is danger that the public may conceive the idea that life insurance companies are impregnable againss financial dilâ€" ficulties of any kind. I think probably it is time to say that while the life London, Ont., January 15.â€"In reâ€" viewing the record of life insurance in Canada during the past year, Mr. G. Wilson Geddes, President of the Canaâ€" dian Life Insurance Officers Associaâ€" tion and General Manager and Actuary of the Northern Life Assurance Comâ€" pany, pointed out that no,single subject was of such material interest to so many people as that of life insurance. in which more than oneâ€"third of the men and women of the country had their savings so safely invested. "On the whole, conditions improved throughout the country during the past year and a number of municipalities and industrial corporations have been taken out of default, and less is being heard of threatened repudiations. The decided recession in business which deâ€" veloped in the United States last sumâ€" mer, fortunately has had little effect on Canadian business, so far. The newsâ€" print indiustry seems to be the only one to feel the effect directly, and. of course, the security market has reacted in line with the New York market,. The reâ€" cession in newsprint and security values presents another problem for life inâ€" surance companies, but, of course, A comparatively minor one. These 3,500,000 policyholders, at the | end of. 1937, were protected against the | two great hazards of lifeâ€"premature death and penniless old ageâ€"by apâ€"| proximately $6,900,000 of life insurance | then in force in the greatest coâ€"operaâ€" ' tive and democratic business in Canada. Behind this protection stands, as at| December 31, 1937, over $2,000,000,000 | of assets, owned by the policyholders | and invested for them in Dominion, Provincial and Municipal securities, in‘ first mortgages on carefully selected city, town and farm properties, in pubâ€" lic utility bonds, in school debentures, etc. In this way the savings of more | than 3,500,000 thrifty citizens have seryâ€" | ed the nation‘s best interests by financâ€" | ing many a worthy public and private enterprise, and by thus stimulatimng emâ€" | ployment in the years of economic deâ€" i pression. | "Every working day /throughout 1937" said Mr. Geddes, "halfâ€"aâ€"million dolâ€" lars was disbursed in cash by the life insurance companies of Canada to their policyholders, most of them men and women of modest means who had thus thriftily provided for the proverbial rainy day. In fact, this daily circulaâ€" tion last year of the accumulated savâ€" ings of our citizens in life insurance far exceeded the direct relief payments of all agencies throughout the Dominion. "In their trustee relationship to policyholders and beneficiaries, the greatest problem confronting life inâ€" surance executives," declared Mr. Geddes, "is the handling of investment matters. V alue to Economic Life and to Individuals in Canada. Blairmoro Enterprise:â€"As a matter of fact, few prominent citizens are acâ€" tually misquoted in print. All the newsâ€" papers do is to correct the grammar. empoyn than ot] ncmic advance," state general managzer of the of Commerce at the of shareholders on powerful influence of t mining upon Canadian eral is not fully reflet rzzsord in 1937 of $450 duction valusr. That f merely the net result. "FExceutives of life insurance comâ€" panies have always felt that the true facts of life insurance should be placed fairly and squarely before the public. This has done through the instituâ€" tional advertising, sponsored by the Canadian Life Insurance Officers Asâ€" sociation in the interests and for the information auf policyholders and the public generally, which for seventeen years past has appeared and will conâ€" tinue to appear in the press of every Province in Canada and which pubâ€" licity, on occsion, has been augmented by radio broadcasting.‘ "Mortgage loans," said Mr. Geddes, "constitute one of the most sultable fields for the investment of life insurâ€" ance funds and there is a great deal of money available for first class loans at low interest. Real estate however, was so depressed in value, because Of the high taxes assessed againt such property, that mortgage loaning wWas necessarily Oof a proportionately low amount in each case. If tax rates on real estate could be cut to conservative levels, the desirability of own‘ng a home rather than of renting a house would be considerably increased. been tendency to relieve the debtor at the expense of life insurance policdyholders and other thrifty citizens. We all agree that where the debtor‘s burden has beâ€" come too heavy, something must be done for him, but why should not the whole citizenship of Canada share in this relief, rather than a particular group of the most thrifty and hardâ€" working individuals. In this one inâ€" stance, at least, the United States legisâ€" lation would seem ito be conceived in a fairer spirit and wih more farâ€"reaching vision. "In Great Britain and the United States debtors, whan and where necesâ€" sary, have been relieved at the expense of the general taxpayer, tiut in Canada legislative relief for the debtor has genâ€" erally taken the form of forcing parâ€" ticular classes of creditors to extend that relief. Among these creditors the life insurance companies, with their mortgages invested all over the Dominâ€" ion, carry a greater part of the burden. This tendency, of course, is very marked in the Province of Alberta, but the legislation of nearly every Province. as well as that of the Dominion, shows a insurance tblusiness is based on scientific foundations, and is probably the safest business in the world under natural, fair and honest conditions, it does have an Achilles‘® heel. )eeéen largeiy ins.runH iew employment du ericd. Carada has iable place in world ncouragement shoul urther expansion o jortant industry." ‘alue of Mining Greater than the Mere Production ration former years, mining vanguard of Canada‘s °e STOCK BROKERS Timmins, 19 Pine Street North Toronto Kirkland Lake 293 Bavy Street 34 Government Rd. Doherty Roadhouse Co. Market Quotations broadcast each day at 12.20 noon Morgov Direct private wires for fast and aceur atlte quotations and executions in all ted the ated A. E. Arscott, the Canadian Bank heo annual mceting n â€" Tuesday. ‘‘The of the expansion in ian business in genâ€" flecsted by the new $450,000,000 in proâ€" at figure represents ilt. Many branches Acscurate Markets and Executions in ring the reVvIVAl assumed an enâ€" mining and every d be given to the f this vitally imâ€" Commision basis only Local Phones 1200 and 1201 Members: Stoock Exchange rie y branche n â€" minin{ rations in Unlisted Stocks Mining Stocks Industrial and Public Utility Stocks Bonds and 5.20 p.m. val| tAils, mine etc., are exempt to 745. This leaves sessment for 1938 0 Population of Kirkland Lake Given Now as 19,924 mins the Balance cf option comprising 5 blocks of 100,000 shares each at 20, 25, 03, 35 and 40 cents respectively has been terminated by default. Toronto Stock Exchange has been advised by Gilliess Lakeâ€"Porcupine Gold Mines. Under the new agreement dated Jan. 6, underwriting has been made coverâ€" ing 25,000 shares at 12% cents and 25,â€" C0Q0 shares at 15 cents, upon which $2500 has ‘been paid and balance of $4375 payable upon approval of the Ontario Securities Commissicn. In addition, an option has been given on 450,000 shares divided into 5 blocks of 90,000 shares each at 20, 25, 30, 35 and 40 cents reâ€" speéctively, exercisable to the extent of at least $10,000 monthly, commencing cach at 20, 25, . spectively, exerc at least $10,000 February 6. the popuia Possibly a be added |I Archie township Kirkland more tnhnan 2. the 1937 asse Lake pecple . population is ; given by the town is growin give Kirkland p for the purpose â€" exact position of t structures, which s the Gililes Lake hcles are to be pi possible to the Mcl the determination these structures planned to extend from the 500â€"f00ot6 from the 500â€"footé level int: A further recommendatio effect tha‘t underground dri begin at once from the 304 for the purpose of picking Gillies Lake Mine to Do Pilot Drilling Toronto, Jan. 15th direstorate of Gilli Gold Mines was hel upon the report of P fcllowing his recent and to consider the of Hamblin B. Hate spect to a plan for f The plan calls fol to ‘be drilled from north, starting ne boundary. This pil Meeting Thursday at Toronâ€" to Endorses President‘s Plan. and his, Priced From $79.50 On Our Budget Plan, Just $4.50 Monthly 12 SEE THE Westinghouse Electrical Appliance Co. at "‘The Home of Westinghouse‘ Cushioned Action 39 Third an. 15th.â€"A mee of Gillies Lake was held Thurs ort of President s recent visit to ider the recomt B. Hatch, gcolo: 000 commendation is to the erground drilling should from the 300â€"foot level, > of picking up the exâ€" No. 24 vein. At 40 ifeet _this vein showed $15.40 ad $1.40 across 2 feet. 11 1 property in ALITKâ€" i Aas $11,7173,102. Of property, churches, the tune of $5,599,â€" a total taxable asâ€" st that thne actual bly 2,000 more than ssment roll, as the ty day. This would opulation of 22,000. e figures for Timâ€" nt rolil nere giving Timmins as 24,500. f thousands should population ent as 19,924, than shown ground it is north crosscut into this area. of . ‘Peck tlon of 19,924, or hown by Kirkland in Kirkâ€" a Judge is wife‘s , but if he it sense

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