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PAGE FOUR THE OSHAWA DAILY TIMES, THURSDAY, JANUARY 24, 1929 | {&he Oshawa Baily Times eo Succeeding THE OSHAWA DAILY REFORMER (Established 1871) n ependent newspaper published every attere i Bi oan Sundays and legal holidays, at Oshawa, Canada, by Mundy Printing Company, Limited; Chas, M, Mundy, President; A. R. Alloway, Secretary. The Oshawa Daily Times 1s a member of the Cana. dian Press, the Canadian Dally Newspapers' As- sociation, The Ontario Provincial Dallies and the Audit Bureau of Oirculations, SUBSCRIPTION RATES Delivered by carrier; Wc a week, By mail (out. side Oshawa carrier delivery limits): In the Counties of Ontario, Durham and Northumber. land, $8.00 a year; e'sewhere in Canndp, $4.00 a year; United States, $5.00 a year, TORONTO OFFICE 407 Bond Building, ua Temperance Street, Tele phone Adelaide 0107, H. D. 'fresidder, repre. sentative. REPRESENTATIVES IN U.S. Powers and Stone, Inc, New York and Chicago, THURSDAY, JANUARY 24, 1929 THE POLICE REPORT There are several outstanding factors in the annual report of the chief of police, This is always an interesting document, since it presents a year- Jy analysis of an important phase in the life of the community. It gives an opportunity for stock-taking, so that the citizens can see how they are measuring np to the requirements of good citizenship as a body. One regrettable feature about the report is the large increase in the number of offences for which persons were brought into poiice court, It would not he fair to say there had been a large increase in crime, because the large majority of the cases by no means involved criminal acts, As the chief is careful to point out, the increase is rcaused largely by the number of violations of the traffic laws. These have increased enor- mously, probably more because the police depart- ment has been able to keep a closer check on motorists, rather than because motorists have been more careless, After all, it is not the committing of a breach of the by-laws in itself which causes a police court case. One has to be caught in the act before there can be any penalty, And the fact that this section of the records shows so large an increase indicates that the additions to the police force in the last year enabled the department to cach more law-breakers, Since the increase in offences is not due s0 much to serious crime as it is to local by-law violations and other traffic offences, there is no need for the people of Oshawa to be alarmed over "the police statistics, The o.her point in the report of Chief Friend "which demands attention is his plea for more adequate accommodation for the police depart- ment. The department has Jong since outgrewn its present quarters, and the maximum of weficiency cannot be cxpected in a place like the present police building, Just what pian should be adopted to meet this need for more accommodation cannot be decided in a hurry, but the plea of the chief should he received with sympathetic ears, and wiih a de- sire to make such provision as is meet the situation in a manner satisfactory both to the police authorities aud the people. necessary to INCUBATING INDUSTRIES The esiablishment in Oshawa of a branch of the Doering Trunk Company, an industry which is starting in a modest way, but with good possi- bilities of development, recalls a proposal which was made some time ago through the Oshawa Chamber of Commerce, but of which little has been heard since the original announcement. That proposal was to establish in Oshawa what might be called an "industrial incubating building". The name suggests the purpose. This would be a building in which a number of industrics could secure floor space, sufficient to carry them 'along until such time as they reach the posi- tion where they can undertake the building of a separate factory. Several Ontario cities have been fortunate enough to have buildings of this kind available, and have been able to give a start to industries which have since become substantial assets to their communities. Most industries start from small beginnings, and it is not easy to predict what might be the effect on Oshawa's future of having a place which could be made available, at a fair rental, to small concerns seeking only an opportunity to develop. A building to accommodate several small indus- tries would have the advantages of a common railway siding for all of them, and reasomable tax rates for business purposes, since no one in- dustry owould have to bear the whole burden. Of course. with the heavy financial commitments which lie ahead of the city, it might not be feas- ible to push the project through for some time to come. But the idea is good, and its principles are sound, so that it shouid not be placed entirely on the shelf, but should te kept in mind as some- thing which can be done at some future date 19 ,oncouraze the development of Oshawa SPEEDY JUSTICE Practically « -orento, two 'bandi =, within twenty-four hours, nd themselycs wal to be sent to the Ports- th penitentiary to start a seven year sentence ich wos handed out to them in court the next 5 This was speedy justice with a veuge- ace, but the men had no defence, for they were : cought 2'most reé-handed, and could do nothing E- Lut pead guilt dn rs 2 SOA Lan t in the act of robbing a store tainty of justice in the law courts of Canada in cases in which criminals are caught at their nefarious work, Possibly that 1s one reason why Canada has not been visited by the same waves of lawlessness which have . visited the United States cities. Over there, there is no assurance that a criminal will receive his just deserts at the hands of the law, and there are so many ways of escaping punishment that often the administra- tion of justice is farcical. In Canada, things are done differently, There are few loopholes by which a guilty man can escape once he is apprehended, And there is a great deal more reépect for law enforcement of that kind than there is for a system in which conviction and punishment are the exception rather than the rule, A COMMENDABLE PROTEST The fifteen organisations of Sudbury which joined in a protest against a Finnish newspaper being allowed to coiinue its work of spreading communist propaganda in.the north country are to be commended, They will have the entire support of all loyal citizens of Canada in seeking to biot out a pernicious condition which has heen allowed to exist in this province far too long, While the existence of communistic organiza- tions in Canada is in itself a menace, these in themselves do not constitute the gravest danger to the welfare of Canada, The chief danger lies in their propaganda, spread wherever it is be- lieved a fertile field can he found for it, This propaganda, which is entirely inimical to Canadian idea.s, and to British governmental in- stitutions and customs, is aimed directly at the minds which are considered to be the most re- ceptive to it, It is centred on two main bodies of the people of Canada, The first is the class of new-comers {fresh from Central and Southern European countries, people hard to assimilate at the best, and fer.ile soil for the implanting of the seeds of the communistic doctrines, The second is the hody of young people whose minds are in the plastic stage, and who find themselves fupplied, in a subt.e manner, with literature in- tended to make them followers of the principles of communism, The people of Ontario who are truly loyal to British institutions, will rejoice if the Sudbury protest has some effect, but they will also be seized with the fact that it does not go far enough, Communist propaganda in every form must be blotted out, and most of all that form which seeks to pervert the minds of school chil- dren, to turn them away from the religion which seeks to uplift rather than to degrade, as the communist doctrines tend to do. To destroy the faith of a child in the goodness of God and of mankind is a heinous offence, and that is the chief aim and purpose of the com- munist propaganda among young people. It should not be tolerated for a moment by the powers that be in Ontario, EDITORIAL NOTES It's hard to sing in A flat and B natural, A man is getting old when he is glad he doesn't regemble the chap in the collar ad. A head never swells until the 'brains inside have reached their point of saturation. An efiicient wife can make up the beds, he children's quarrels and her hushand's mind. First thought is a product of the mind; second thought more freauently is a product of cold feot Funny people. Play bridge because they haven't anything to talk about and then talk all the time they're playing bridge, Sr ---- Now it is slated that medical science has lengthened life 12 to 14 Years. Somehow it sounds. just like those government reports tell- ing how much more mono, had last month, : we have than we -- Other Editors' Comment -- WHERE LAW RESPECTS ITSELF (Hamilton Spectator) London motorists who were fined, | C error, for infractions of the speed limit recently have had their fines remitted and have received the apology from Scotland Yard for the inconvenience caused them Such incidents arc just another reason why the law is respected in the Old Land, ) i THE SAVING HABIT (The New Outlook) A recent questionnaire into the habits of persons who had savings oo shows that they began to save between the ages of twenty and thirty and the savings ran between ten and thirty-five per cent. of their total earnings: Just what proportion of per- sons are addicted to this habit of saving the ques- tionnaire did not reveal. i iL CANADA AND LIQUOR EXPORT : (Toronto Star) Ii the profit to be made out of such contraband trade as this were to be considered, Britain had much more rcason to be concerned than Canada, for she has far more distilleries and brewerics and a vaster liquor trade to think about--and a greatly more in- fluential liquor trade--Not only so, but Britain's gen- eral trade condition is morc in need of any boost it can get than ours in Canada. All this had no weight in the matter. Britain has shown her unwillingness to further 1 smuggling operati n neighborin friendly state, agamst a Bits of Verse - - THE NEWSEBOY He was a barcioot boy with racged clothes Red headed, and a turned up nose: But lie had a soul, and he had a smile, Which made one think for quite a while. He had a heart, this lide 1 And in his eye a lool so A ) h made you love him ali 1 100 because -he avas se * you'd hear Ii » pemmies," then he'd Aad this he did ull he g ad, And then the story s oft' told; "Where's my old : Rd wt lad To s tll cig gone to heaven BY RENRUT The evolution of a stick of gun 1 cannot relate many incidents previous to the time 1 was born, that is, until I became a delicious flour-coated stick of chewing rub- ber, but my many friends have in- formed me that I at one time was but a sap, This fact when first learned rather startled me I must confess, but in all fair eredit to the plant called "mint." I must admit that it probably was so. After be- ing squeezed and mutilated for many hours in company with my brothers, I was at last laid out and cut into a little stick, At that time my heart was soft and tender but now I have become hardened to the ways of life, for life as a s@ick of gum js a series of continuous changes, generally from one distort. ed shape to another, but all the same, changing, 1 distinctly remems ber having four close brothers, who were tied up in the same package with me, and who were always complaining that someone would soon buy us and then would begin By James W. Barton, M.D. USING DRUGS FOR ABDOMINAL PAIN 1S DANGEROUS The knowledge of the use of cer- tain drugs is now so common that it is not unusual for families to buy supplies such as aspirin, paregoric, castor oil, and epsom salts, as they would groceries or fruit, That oc- caslons arise for the use of these is only too true, but these very simple drugs can prove very dangerous un- der certain conditions, For instance you may feel a little sick at the stomach, in fact may vomit, with pain right in the pit of the stomach, Now these folks with a supply of 'nedicine on hand may do one of two things, Either take some aspirin or paregoric to ease the pain, or take some castor oil or epsom salts to get rid of whatever is irritating the stomach or intestine, Easing or quieting the pain, which may be due to appendicitis, by the use of either aspirin or paregoric, will permit the inflammation to be- come 80 serious that when the opera- tion is performed the appendix may have burst, gangrene set in, and the operation be too late, And so also with the use of a pur- gative such as castor oil or epsom salts, Should the trouble be appen- dicitis, the use of a purgative very frequently ruptures the appendix, and is the cause of many deaths, II you get a pain in stomach and it seems to shift around from place to place, sometimes easing up almost entirely, then it is likely due to gas, and will not cause any temperature or any pain on pressure, However if the pain starts at stomach and gradually goes down to the lower right side of abdomen and stays there, with tenderness on pressure over the spot, and hardening of the abdomen over the pain, and some temperature also, then it is likely appendicitis and there should be no delay in calling your doctor, There is naturally the temptation to ease the pain or get rid of the of- fending irritant, but an enema or in- jection is the most that should be given 'before the doctor arrives. Remember then that drugs are dan- gerous in appendicitis, and abdom- inal pain is often due to appendi- citis, 7 (Registered in accordance with the Copyright Act) NOT INFORMED OF PROPOSED CHANGES Melbourne, Australia, Jan, 24,-- Refering to a cable despatch from Canada, Premier Stanley Bruce to- day said he had not heard of any proposed changes in the trade treaty between Canada and Australia, STARVING INDIANS RUMOR UNCONFIRMED Ottawa, Jan 24,--Reports that 500 Indians are facing starvation near Nelson House In Northera Manitoba 'as a result of competi. tio nby white trappers and a shortage of game, are without con- firmation, Duncan Campbell Scott, Deputy Superintendent General ~f Indian Affairs, stated today. MUSEOLINI'S DOUBLE MUST NOT RESEMBLY 11 DUCE IN runLio New York, N.Y., Jan. 24--I'rank Valentino, a barber and reputed double of Premier Musolini, an- nounced yesterday that he has heen told the has got to stop looking like 11 Duce in publie, Signor Cavardosis, Italian vice. consul, who communicated this in- formation to Valentino, said the harber had been making use of his resemblance for publieity purposes, and that it had to stop. -- our life of uneasiness, And their prediction soon came true, We were purchased by a very pretty lady, who quickly placed us in her poc- ket so that no one would sce us. There we lay for about an hour, and were wakened out of a sound sleep by a rustling sound,-which we knew only too well, One of our brothers had started on the long journey, And then came my turn, With a countenance all grinning my henefactor opened her mouth and I was lost to the world, What happened thereafter I cannot recol- lect with certainty except that 1 began feeling paing all over, and imagined myself quite unrecogniz- able. But this condition lasted for only a short time. I feit myself growing and surely enough I was partly taken out into the air again, only to be replaced in my former compartment, This was repeated several times until at last I became weary and decided to give up the ghost, But an unusual thing took place. Aroused by the presence of 'omeone else in the room, my own- er quickly deposited me under her chair where I have since remmain- d. Even the dog will have noth- ing to do with me. I have there- fore come to the conclusion that many a precious thing in this life gives up its existence for mankind and is never apprceiated the way it should be. » LJ . The oysters in an or ter stew Have been reduced rom three To two, * » LE] 1 For weddin~ gifts, we would ureest a mantle clock. PRE It is such an original sug- gestion, LJ . * Money talks, but none of yon " 1d believe the old dollar if it rted telling us what jt used to An auto manufacturer wants more artistic radiator caps. The cap, he says, is a promin- nent ff Rivhto! J's about the first thing that strikes you. « x Friend--Your vardeville eritic s thorough, 1 must admit. Editor--Yes, he dcesn't leave a turn unstoned. . . LJ The City' of the Future Comment was passed the oiher day upon the many wonders which city wf the future will possess. neluded in this haphazard for jt could have been noth- hut a aphas idea, the fact 2 s will in and around a like 8 and pe the world's greatest fset towards ideal commerce. Per- {haps this will be so. But there is {another anrle to the situation. If [war, and such a thing has hap- {pened before, cccurs, the face of {the earth may develop into a bar- {ren waste 'of ruined cities. smok- {ing nations and gaping holes. It jmay be true the next war will be ifonzht in the air, but our senses {tell us that the outcome of such a war might be the ruination of the human race. Airplanes, the {pride of the nation, the asset of jcommeree may be converted into death dealing instruments which may in a short time obliterate every race upon the earth. * x » It pays to look at a situation from every angle, mo matter how far away one's mind may carry them. The future is non- existant; jt is impossible to dict the vast changes which ll take place in the next 500 ars. The closest one may come to the city of the future | is in castles of the air. We are startled when we allow our- selves to think of life, 1000 dears from now. ? Ld Not that we are pessimistic, but that we speak with history of 1000 years behind us, x Xx 2 It is time wo begun to realize life as it is, and give our all fo improve the human race as it exists today. ¥ The man who says he knows wo- men as the kind that women mno.-- Tlie average man gives advice to the gallon and accepts it by the spoonful --Chicago Daily News. Ihe Does Nn ms my Fo ant a SY, TO OBEY 1S BETTER THAN ACRIFICE--Obey my woice, and I Twill. be your God, and ye shall be my people: and walk ye in all the ways that I commanded you, that it be well uate you.--Jeremiah 7:23. PRAYER--"0 may these thoughts possess my breast, Whereler 1 rove' where'er 1 rest" We recommend this issue because of its very desirable protective features from the standpoints of security of principal and excellent dividend returns, also splendid possibilities of substantial appreciation in its market value. There are 90,000 Shares Canadian Wirebound Boxes, Limited Class "A" Participating Shares (Fully paid and non-callable) The holders of Class "A" participating shares are entitled to receive cumulative dividends at the rate of $1.50 per share per annum payable quarterly on the 1st days of January, April, July and October in priority to any dividends on the Class ""B" shares. In addition the holders of Class "'A" Shares are entitled to participate equally with the Class * B" Shares, share for share. in all dividends, bonuses or distributions paid or made by the Company out of surplus or net profits in excess of a non-cumula- tive dividend of $1.00 per share per annum on Class **B" Shares. On any distribution of the assets, other than out of surplus or net profits, the holders of Class **A"' Shares are entitled to receive $26 00 per share in preference and priority over the holders of Class **B"' Shares, and are a's. entitled to participate with the holders of Class "B" Shares, share for share, in any distributions after the holders ol Class "B" Shares have received $26.00 per share, After providing for depreciation and income faz, the Company must sel apar! each year in a special Surpli account. len per centum of ils nel profits until Fue ) Hundred Thousana ollars ($500,000) has been accumulated, and such surplus must be maintained al nol tess than Fuwellundred Thousand Dollars ($500,000), _ Transfer Agent: Neatouai Trust Company Limited Registrar: The Toronto Genesal Trusts Corporation, Lanuted CAPITALIZATION (On completion of presvnt financing) Class "A" Participating Shares, no par value...,........... Class "B" Shares. no par valU@.....coiseissvensireers iss BUSINESS Canadian Wirebound Boxes Limited, has ac- quired the business formerly carried on by a com- paoy of the same name and by Hamilton Wire- hound Boxes Limited consisting of the manufac- ture of wirebound boxes and of corrugated paper and containers. The business was founded by Mr. L. A Del.aplante in Toronto in 1916. In 1920 the wirebound box department of the Kilgour Manufacturing Company in Hamilton was acquir- ed. In March, 1923, production was commenced in Montreal. About the same time the wirebound box business of the Oakville Basket and Veneer Company was acquired. This year the Company has begun the manufacture of corrugated paper and corrugated paper containers at Montreal. The Company owns and operates a valuable plant at Gerrard Street Toronto. and operates an- other large plant under lease at Notre Dame Street, Montreal. With the rapid development of the business the present premises at Toronto are deemed inade- quate, and it is proposed to extend the present fac- ities at Toronto to double the present capacity for wirebound containers, the present financing provides adequate funds for this extension. The Company is also planning to establish in the near future a modern corrugated container plant in Toronto. PATENTS AND LICENSES The Company owns the Saranac Canadian patents, and holds the 4-One Box Machine licenses for Canada on terms precluding the patentees from granting any other Canadian licenses. The Cdnadian Wirebound Boxes Limited, is the only Company in the World which controls both existing patents for makirg Wirebound Boxes and controls Poth patents and improvements exclusive- ly for all Canada. The patents and licenses have been acquired from time to time over a period of twelve years at a cost in excess of $750,000, they are undoubtedly worth a considerably larger amount. While the Companys customers include a wide range and steadily increasing number of manufac- turing concerns, only a small portion of the avail- able market has yet been reached owing to the lack of adequate factory accommodation for the pro- duction of the Company's products. With the increase in plant to be provided out of the present financing, an immediate and rapidly growing increase in sales may be anticipated. PURPOSES OF ISSUE The proceeds of the issué are being used to pro- vide part of the purchase price of the business so acquired by the Company, to provide the neces- Authorized 150,000 40,000 Issued 90.000 40,000 sary capital for enlarging the company's plant at Toronto and to provide additional working capital for increased business. ASSETS The balance sheet as of May 1st, 1928, adjusted Lo give effect to this financing and to the appraisal of fixed assets by Canadian Appraisal Company, Limited. shows assets as certified to by Messrs. Thorne, Mulholland, Howson and McPherson, at a * value of $2,388,254.93, which is in our opinion con- servative and which is in excess of 1009, of the present sale price of the Class "A" shares. EARNINGS The earnings, after provision for income tax and adequate depreciation, as adjusted to reflect the elimination of certain non-recurring royaity charges which have now been commuted, have been certitied by Messrs. Thorne, Mulholland, Howson and McPherson, as amounting to $176, 817.79 for the year ending February 28th, 1926; $214,249.76 for the year ending February 28th, 1927; $222,515.65 for the vear ending February 29th, 1928, and it is estimated that the earnings for the current year will amount to approximately $250,000. This estimate for the current year does not include any profit to be derived from the oper- ation of the new corrugated paper box plant at the Montreal factory, nor from the new double capa- city wirebound box plant and new corrugated paper box plant to be opened in Toronto. PARTICIPATION FEATURE The holders of Class "A" Participating Shares, in addition to receiving the cumulative preieren- tial dividends of $1.50 per annum will also receive the same amount, share for share, as the holders of Class "B" shares in all distributions of profits over - and above the non-cumulative dividend of $1.00 per share on the Class "B" shares. In view of the small number of Class **B" shares this right of par- ticipation constitutes a highly attractive feature in a stock which is already preferred both as to assets and dividends. MANAGEMENT It is the intention of the Company to undertake a policy of rapid expansion to reap the full benefit of the exclusive rights enjoyed by the Company, and as the business will continue to be operated by the former management; the expansion policy should result in rapidly increasing sales and earn- ings. The directors of the Company will be:--L. A. DeLaplante, A. M. Dunn, A. J. DeLagiante, James Playfair, Harold A. Greene, D. L. White, Frank M. Ross and A. K. Cameron. The above shares are offered for sale when, as and if received by us, subject to the approval of all legal proceedings by Messrs. Rowell, Reid, Wright and McMillan, Toronto, for us and for the Company. PRICE: $26.00 per share and accrued dividend. The right is reserzed fo reject all or part of any application and lo deliver @ number of shares less than the number subscribed for. Application will be made to have these Shares listed on the Toronto Stock Exchange. BANKERS BOND COMPANY TORONTO Telephone Adelaide 6776 The siatements contained in this advertisement ave not guarantead and on whie' wo acted ip pu LIMITED ONTARIO 60 King Street "est t are based upon information which we baliewe to be reliab rrhasine "Vis Tem