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E fog i THE OSHAWA DAILY TIMES, WEDNESDAY, JANUARY 27, 1932. ROSH _e R 2 Establishes 1% Lik ) d at newspaper pub except Sundays gull a days ' by The Times Holiday Sldmited. Chas, M. Mundy, ry after- at Osh- |! A By, 4 a Ne an Su ag ste carpier. delivery limit:) $3.00. a year. States $4.00 a yer 4 JORON ol ho] Building, 6 Res nce Street, Tele Adelaide or. i Tresidder, repre~ __senl ve DNESDAY, JANUARY 27th, 1082, : E Cammanicy Shopping day The Times publishes a special n which is devoted to the announce- ts of merchants who are co-operating na great Community Shopping Drive. his special edition. should be of great to every citizen, for when money as plentiful as it might be, then op- ities for making savings are wel . And we believe that many such tunities are offered in the stores are taking part in this three day gis, of course, an even stronger than that behirid the effort which 1 sponsored by the Chamber of Com- ce, and in which over forty local mer- ts are taking part. One of the draw- to any city which is situated within ance of a metropolitan centre is gople get the mistaken idea that they 'more economically by going to the ity. The merchants of Oshawa suffered much because of this erro- 'idea. So, in this community event, are seeking to prove conclusively that Oshawa merchants can provide any of necessities of life, and the luxuries as I, as cheaply, and at as good falue, as stores of any other city. of Oshawa, and during the next 2 days, we look to the citizens to re- nd to the exceptional effort which is made to create a business revival in bi} le city. . / A Splendid Record people of Oshawa may wel} take inthe report which has been issued iy Fire Chief Elliott of the fire losses of he city for the year 1931. Not only, was ee Ay fire loss for 1931 less than half of the pus year, but it was also the lowest recorded for a number of years past. y one fire, that at the Lakeview Pavil- caused a loss of over $10,000, in spite fact that the number of fire alarms three greater than during the year , there are reasons for this report. The greatest reason is the great effort put forward by if Elliott, in co-operation with the nber of Commerce and other public p create a practical interest in fire $95 Sducation. That campaign has effects, and it is pleasing to n the chief's report that the whole been covered in a diligent effort te all fire hazards. Systematic -has been responsible for this , and it is a work which will, of be continued by the chief so as to eg Oshawa even more safe from the point of fire hazard. fire loss, too ney of the 8) 4 is an indication of firs department. The er $2 00,000, Yet the loss was kept n to the low figure of $32,078, surely ERLE Com+ pying in Oshawa promotes the pros- . for the conference which is to be held a few months hence. Great Britain realizes the importance of this, and the British government is paving the way for discus- sion of Empire preferences by estab- lishing policies now. What, the governments «of the other countries within the Empire 'are doing is not apparent. There is no | indication, for instance, that the Canadian government is laying down any definite lines "to ae Roljgwed, "The same is true of if New Zealand and South Africa, 'which are the greatest of the other nations involved. Since Mr. Bennett has taken the initiative ""in having the conference called, so he should take the initiative in laying the foundations for its discussions. There should be prelim- inary consultations with all the governments which are interested, so that when the 'delegates arrive in Ottawa they will know 'what lies before them, and will be ready to lay all their cards on the table. The coming conference is of the greatest importance to the whole Empire, and«it would he a fatal mistake: to, overlook the necessity of thorough preparation as far as possible in advance of the meeting. eS Editovial Notes C.urches, like many other institutions, are finding the road rather troubled at the present 'time, but their annual reports show that the members axe rising well to the responsibilities which rest upon them. Make the 1932 fire report even better by co-operating in fire prevention. Cuts in salaries for city officials may be distasteful, but the majority of those who have to pay the taxes to meet these salaries have also had to accept reduced incomes. The Ontario government is putting for- ward a tempting loan issue when it announces that it is paying six per cent interest. Today's issue of The Times shows that Oshawa merchants have faith in the power of advertising to stimulate husiness. The citizens of Oshawa can justify that faith by buying in Oshawa. If that twenty per cent reduction can be effected in Oshawa's civic budget, the re- sults will be very gratifying to those who have to pay the tax bills. | Other Editor's Comments GOVERNMENTAL EXTRAVAGANCE (London Tithes) The. size and cost of the administrative machine have grown out of all pro~ortion to the admitted increase in its functions since the War. Since 1914 the mumber of Civil Servants has more than doubled, while the aggregate cost of their salaries and wages has increased to nearly four times the figure before the War. It is true that the emergency Budget made some spectacular cuts in the remuneration of the higher posts, but the middle and lower salaries, which account for nearly three-quarters of the whole, have been left untouched. The figures given in the May report show, for instance, that the salaries o} the executive and clerical staffs, which amount in the aggregate of £25000,000 a year, have increased on an average of 111 pef cent since 1914. Here, at any rate, is one lusty sapling not unworthy or the attention of Mr. Chamberlain's axe. ! "LET BRITAIN LEAD" (London News-Chronicle) In this country and in every country men tem- porize for fear of the consequences. Embarrassed expests continue to predict world disaster it some- ing is not done. But nothing is done. No one has the courage to get up and even say plainly what ought to be done. If this inaction continues, and the world is left by its supine leaders to slip down- ward to a lower depth of misery, physical violence will at last seek to do what the statesmen dare not attempt. - BITS OF HUMOR First Comedian: The last time I appeared in jantomime the. people could be heard roaring with hter a mile away. econd Comedian: Really? there? What was going on "Are you guilty or not guilty ?" "I don't quite see, ' said the prisoner coldly, * 'why I should spoil the jury's gpessing contest." "The trouble in Lafin-America is that business doesn't turn over as quickly as governments. BITS OF VERSE MAKING GARDENS Dusting floors and cooking meals Just seem to drive me crazy. Of late I loathe these daily tasks. . I must be getting lazy, But every day I'm at a job . That fills my heart with glee; I'm making gardens in my cad, Such fuw it is to me! Abd, even when I go to bed keep of gardening. I [ coul hot he satisfied '0 wait until ring. "You never world: He it, The way Jats ysarden 1 scarcely plant Till: od i orth a rose. rows ; _ They're over all the porches now ai ith blossoms he Soeh 57 3 And lilies. beautiful and white, ple Modine. in the i "Foppy ban Are frolicking with glee, "And all the flower chr Strain by C. H. Tuck, Opt. 0 (Depyright, 1938) YOUR CHILD AND THE EYES Part Lis.' dd "The child who sees easily is the child who learns." I am afraid we miss this fact and send a ¢' ld to school to get them out of the way so to speak, The duty goes further, it may not be the teach- er"s fault, It may net bec the school nurse's fault. They would be experts indeed and could grasp a few significant facts from any superficial examinations, These symptoms when detached should be investigated. Simple glare from paper, blackboards, etc. does not cause pain but the con- stant repeated inconvenience brings about the fatigue and so the condition creeps vpon us un- heeded until some of the symp- toms like eve fatigue, sleepiness, headaches, squinting betray the existence of something not right with us, Had we, on the other hand been exposed fo an intense light we would have been forced to turn away and so we would have learned the cause of the trouble. It is glare in our usual occupation that causes most trou- ble wearing us down gradually and constantly and let me again repeat, "The child who sees easi- ly is the child who learns." --- When I visited my Major MacDonnell, at La Jolla, California, recently, we motored down to Tia Juana, just over the line between California and Baja California, south of- San Diego, for dinner at Alex and Paul's res- taurant---and what a dinner! When I think of that wild duck-- that Crepe Surette - old friend, Alex Cardini and Paul Maggiora, two Italian boys, of training in their profession in the finest restaurants of London, Paris, Berlin, and Rome; they have made for themselves a world-wide - reputaticn among travellers who demang the best. After thirteen years in Mexico their business has so increased as to necessitate much more com- modious quarters, s6 they have taken over the entire Commercial Hotel Building in Tia Juana, which has been remodeled, refur- nished and redecorated under the supervision of tho well-known California architect, Edgar Uij- rich, who built the Casa Manana Hotel in La Jolla. The result of Mr. Ulrieh's work for Paul and Alex is a tribute to his gkill and artistry, The restaurant proper is is a charming place, mighty com- fortable, homey and heautiful-- a most difficult combination to achieve. I know of no other res- taurant, quite like fit. Alex and Paul's is a galhering place for the great and near-great from all. the world; statesmen, millionaire sportemes, famous cowmen, old-time sheriffs, mining men, oil men, writers, moving pic- ture stars from Hollywood, opera singers, and Broadway stage stars and men known the world over for their standing in the law, in merchandising and manufac- turing. Watch Alex and Paul as they greet their guests. See how meti- culous they are that every single thing that comes from the kitch- en is properly cooked, piping hot and expertly served, they you will understand why Paul and Alex have so many friends among the ugh ® [000 of Jorn Luden's soothing Menthol Action gives relief from coughing have had years .| times the welfare of your | building I Epeat and near-great around the rth. . Incidentally, our visit of inspec- tion included the wine cellar. It would bring scalding tears to the eyes of a "Crusader." Labels from England, Ireland, Scotland, Aus- tria, Algeria, Cuba, Australia, Sweden, Holland, Denmark, Can- ada, Russia, Spain, Portugal, Ita- ly, Germany, Hungary. Mex and Paul have proven that if you know your business thor- oughly ang attend to it, do your hest to excel in fit, having at all em- ployees and courteous and friend- ly and sincere interest in yur cus- tomers, and tell the world about your business, soliciting their pat- ronage, YOU ARE BOUND TO ATTRACT THE ATTENTION OF A DISCRIMINATING PUBLIC, ANDSUCCESS WILLBE YOURS ! N The Word. of God THE WAITING . SOUL :--Truly my soul waiteth upon God: from him cometh my salvation. He only is my rock and my salvation; he is my defence: :--Psalm 62: REPORT OF BANK OAYY BUSINESS HAS IMPROVED Improvement in Trade Bal- ance Is Bringing Dollar Back to Par There is an improved sentiment in business circled this month, partly accounted for by the fact that Christmas trade proved better than had been expected, and partly by the feeling that current develop- ments give reasonable hope of trade picking up as the months pass and of 1932 ending better than it began. Major clouds, caused by national debts heavy beyond precedent and reparation liabilities weighing upon Germany, need to be lifted before world commerce expands and com- fodity prices rise, and whether or not this relief can be accomplislied the carly future should determine. Adjustment of national debts, with consequent restoration of national credits, would be a 'long step to- wards rehabilitation of business everywhere, Until foreign markets revive there can bé no adequate outlet for Canadian products® of field, mine, forest and sea, nor com- pensating prices for such as are sold. The dislocation of fereign exchange also presents an obstacle to Can- ada's trade, though not without counter advantage. Imports from the United States have been restric ted by the considerable premium on New York funds, and Canadian manufacturing has reaped advan- tage. Another result of tariff pro- tection and discount of the: Cana- dian dollar has been to produce a favourable balance in Canada's ex- ternal trade, her exports for the last seven months exceeding im- ports. Continuance of this trend will aid materially in bringing the Canadian dollar back to par. Of the major industries, cotton, wool and artificial silk arc operating relative- ly actively, but lumber, newsprint, iron and steel, mines and fisheries continue low production. So with the building trades and engineering construction. Railway traffic, tap, is much below normal, and the rather serious problem presented by the railways has yet to be solved. Trade Still Quiet Customary January sales at cut prices have stimulated retail busi- ness, but mild weather has checked the sale of winter garments and, generally, both wholesale and retail trade are quiet. Commodity prices have not fluctuated widely, and ap- pear to be fairly well . stabilized. Wheat has moved up from the low price of last month, but the market does not display buoyancy. As with wheat so with flour, exports of which in December were less than in any month since Apgil; in the last five months the value of flour exported fell "to $8,798,000 from $16,155,000 in the corresponding per- tod in 1930. Shipments of coarse grains are larger this crop year. Construction Work Construction contracts awarded in December amounted to $11,357,000 For the full year 1931, the value of operations is placed at $316,582,000, compared with $457, 000,000 in 1930, New hydro-electric installations brought into operatior in 1931 totalled 546,650 horse power, hrineing total development to date up to 6,666,000 h.p. Hydro-electric projects in course of construction are expected to add another 1400,- 000 h.p. within the next two years. The salient point in connection with Canada's external trade is that, while aggregate value has greatly declined, an adverse has been con- verted into a favourable balance. In December, for the seventh consecu~ tive month, exports exceeded im- ports, and for the nine elapsed months of the current fiscal year exports of $461,797,000 of Semstic products, plus an export of $8,667, oducts, making a a total of $4. compare wit! janports of SSLISS 000 For the cal- endar year the comparison is: imports $628,143, exports $617,- 337,000. © These figures represent a decline in dollar value of more than 50 per cent from Canada's foreign trade in 1929. Imports decreased | $380,491,000 and "exports $288,000,000 from"1930. - An analysis of 'the ps. ures for the nine months period to December, 31st shows the largest recession in imports to have occur- fed in iron and its products, the value dropping to $77,734,000 from $156,200,000 in the corresponding period in 1930, a decline of 50 per cent, Newsprint Down The total production of 'Canadian newsprint mills Jor the calendar year was 2,230,775 «tons, being 58.1 per ent of capacity, compared with 2,504,147 tons and 69.4 per cent of capacity in 1930. Decrease in rail- way gar loadings was continuolls throughout the year = 1931, total 1 loadifigs having been 2,570,520 cats, LABORS PROGRAM BEFORE CABINET PM an y-Sided Legislative Proposals Are Presented to Government (By Canadian Press) Ottawa, Jan. 26. -- Organized Labor's legislative programme was laid before Prime Minister R. JB. Bennett and his cabinet to- day. Includéd in the many-sided porgramme was a Royal Commis- sion to investigate Beauharnois; nationalization of banks and credit; concellaticn of war debts; public ownership of radio broad- casting; overhauling of the Bri- tish North America Act; repeal of that section of the Criminal Code dealing with sedition and free speech; general tightening of "fair wage" legislation and the imposition of higher tax sched- ules. a decrease of 575,727 cars from 1930, and of 953499 cars from the peak year 1929. In this ali classes of commodities participated, the great- est decreases, proportionately, be- ing 44 per cent in ore, 43 per cent in pulpwood, miscellaneous freight fell off 19 per cent and merchandise 14 per cent. The mineral output of Canada in 193! is estimated at $227,769,000, a decrease of $52,100,000 from 1930. In this decline all min- erals and structure materials parti- cipated save gold, the production of which amounted to $55,394,802, an increase of 27.5 per cent over the preceding year. The output of cop- per was only 4 per cent less than in 1930, but low prices made the value 37 per cent. less. Bank Statements The statement of the banks at the close of November reflects the Na- tional Service Loan issued that month in an increase of $73,318,500 in the amount due the Dominion Government and in a decrease of $66,479,000 in notice deposits. As siibscriptions to the loan exceeded $210,000,000, the December bank statement may show further chang- es in these accounts to have oc- currad that month. Canadian banks continue to increase their holdings of government bonds, which ros: $19,855,000 during the month to a total of $507,763,000, the highest fig- ure on record. There was a seca- sonal drop of $7,395,000 in note cir- culation, and of $38,240,000 in cur- rent loans, the latter decreasing to $1,102,493,000, the lowest point in re- cent years. Demand deposits rose $36,446,000 in Canada, and in depo- sits in. foreign branches there was an increase of $18,257,000. Bank debits for December were $2,638, - 000,000, as compared with $3,012,- 000.000 for the same month a ycar ago. Foreign Exchange In the foreign ~ exchanges, New York funds on the 15th December highest point ever recorded the turn of the year they reacted sharply and, at the time of writing, are quoted at 16% per cent prem- ium. Sterling during the month de- clined from $4.20 to $4, but has re- covered to $4.03. Rates for Euro- pean ciffrencics have moved down- ward fullowing the . urse of New York funds, with the decline less marked in the rates for the Scan- dinavian countries. There has been little change in the trend of the high-grade bond market during the past month. The most important features have been the offering of $5,062,000 Province of New Bruns- wick 20-year 5% per cent bonds at a price to yield 5% per cent, and $15,226,000 City of Montreal 6 per cent bonds, bf which $3,770,000 ma- ture in 1935 and $11,456,000 in 1941; at 100 to yield 6 per cent. MUST FACE TRIAL IN MOVIE CHARGES (By Canadian Press Toronto, Jan, 26. -- Canadian Famous Players Corporation Ltd., N. L. Nathanson, Samuel Bloom, famuel Fine and 14 motion plec- ture exchanges much face trial on two charges of restraint of trade onder the Criminal Code, and a third under the Combines Inves- tigation Act, Mr, Justice Garrow ruled today. His Lordship re- fused to quash the iwdictment on argument of the W, N. Tilley, K.C., for the defendants, that no charge had been adequately made because motion pictures were not sold to public. The defendants are charged with operating a combine contrary to the public interest in the Canad®n motion picture bypiness. T™ , erccused elected trial without ¥ ! George--"1 hear you at wife had some words." Samuel--"I still have mine. I didn't get a chance to use them." your reached 24% per cent premio, the | After | ENGINEERS T0 HOLD CONVENTION Canadian Institute To Meet in Toronto Next * Month Toronto. Ont., aJnuary 25--Can- ada's debt to the professional engineer is onc that can hardly be measured, and yet very little public recognition has been * given him. This: may be because as a class en- gineers are not self-trumpeters. The very immensity of their work in "directing the great powers of na- ture for the use and 'convenience of man," is in itself unlikely to engen- der personal self-satisfaction. There is scarcely a phase of life in which the engineer is not an im- portant factor. By his agency rail- ways have penetrated great moun- tains; deserts have been watered by irrigation; rivers have been re- gularized and deepened; treasures have been wrested from mines; swamps have been converted into flowering lands and city streets; af- forestation and de-forestation have transformed the country; and the romancer's dream of air transporta- tion has become a reality. The work of the engineer.in Can- ada is perhaps best kmown to the public through the establishment of railroad and highway lines from coast to coast. These have provid- ed a means of easy communication between east and west, and have been a vital factor in Canada's de- velopment from an" undisciplined wilderness to a great national en- tity. To make possible this meta- morphosis, the engineers have con- sidered no barrier unsurmountable, no gulf impassible, no task too great, Some indication of the contribu- tion that has been, and is being made by the engineering profession will be demonstrated at, the conven- tion of the Engineering' Institute of Canada to be held in Toronto on kFebruary 3rd, 4th, and 5th. Among the other important subjects to be discussed on this occasion will be "The intiuence of the Motor Ve- hicle on Modern Transportation," a matter of vital interest at the pre- sent time. The Engineering Institute of Can- ada was founded in 1887 just after the completion of that magnificent engincering feat, the Canadian Pa- cific Railway. This organization, which has its headquarters in Mon- treal, was first known as the Cana- dian Society of Civil Engineers, but in 1917 this title was changed to the present one. The Institute has now over four thousand seven hundred members and branches have been formed in twenty-five principal cen- tres 'in the Dominion for thé pur- pose of furthering the inter-change of professional knowledge, and to establish greater contacts among the members. Fe~ * PING CONVICTS KILL PRISONER = Milledgeville, Ga., Jan. 26 -- Au- brev Smith, Abe Powers and Roy Gardner escaped from a steel cage at the state penal farm here early today and their speeding automobile killed a trusty who tried to ston them. The trusty was John S. Wil- liams, principal in Georgia's notor- ious "murder farm mystery' of paid on deposits-- bw al by cheque. 1921-22, He was serving a life term on charges of killing several negroes, Williams and the guards attempted to stop the trio as they sped from the town in a stolen aue tomob eA Lo Bi STUDENTS SCORE U5. IMPERIALISM Mexicans Demand Reform in U.S. State Depart- ment Attitude Mexico City, Jan. 26.--Notice has been served on United States student organizations by the Na- tional Students' Confederation of Mexico that unless the American students undertake to reform their State Department's attitude toward Latin America and Mex- ico the eonfederation will not only refuse to send delegates to the Pan-American Students' Con- ference in' Miami, Fla., in April, but will continue to refuse to 'have anything to do with stu- dents apparently too calloused to object to "Yankee Imperial- ism." Officers of the confederation, in a lengthy letter to Meldrim Thomas, jr., of the University of Miami, catechized Thomas on so- called examples of Yankee Im- perialism against Mexico, Colom- bia, Haiti, Porto Rico, Cuba and Nicaragua. The letter revealed that a study was being made by the confederation of the method of voting to be employeq at the Miami Conference on the theory that Latin American delegations will not be permitted to vote as they wish. Simultaneously with publica- tion of the confederation letter, the Ibero American Students' Federation issued ' a statement attacking the - Miami jmeeting, declaringgthat the purpose of the vathering is to combat *Yanken Imperialism' and to spread "false-Americanism." TO SAVE A TRIP TO TOWN Your banking transactions may be accomplished easily and quickly by mail. Deposits subject to cheque withdrawal may be sent to the nearest branch of The Dominion THE DOMINION BANK i OSHAWA BRANCH T. W. JOYCE, Manager. Buy Your Ontario Bonds by 'Mail -- Province of Ontario 534 nds due February lst, 1047 % 20 000 and $500. 'Prices: 96 and ifiterest, yielding 5.90% enominations: $1, 36 § King Street West Toronto ; Telephone: ELgin 4321 \ : Dominion of Canada Bonds and Province of Ontario Bonds have long ranked as the two most popular invest- ments in Canada. y The new Ontario issue offers an unusual opportuni obtain unquestioned security, combined with high the highest in more than ten years, i We suggest that applications he Sted without delay. "There better inves n Canadian : 3 + Guatramentand Wehvgrods Ms Manipal Bonds" i ad, Wood, Gandy & Company