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THE OSHAWA DAILY TIMES, THURSDAY, JULY 11, 1940 ' PAGE SEVEN" ONCE HEAD OF WOOLWORTH"S NATIVE OF TORONTO IS DEAD Hubert T. Parson Amwered| Ad to Get Bookkeeper's Job With '5 and 10 Chain' When 19 New York, July 11 -- Hubert T. Parson, 68, president of the F. W. Woolworth Co. from 1919 until his retirement in 1932, died of a heart attack at his home. A native of Toronto, Parson en- tered the employ of the five-and- ten chain as a bookkeeper at the age of 19 and worked his way to the top, advancing steadily through . @& series of positions, including those of secretary, treasurer and general manager. He remained at the head of the organization until the 60- year age limit compelled his resig- nation. Parson was a Republican and a member of the Crescent Athletic Club. In addition to his New York aparument he had g country home, Shadow Lawn, at West End, NJ. and a residence in Paris. He leaves a widow and two broth- ers, Charles of Missoula, Mont., and Stuart of Bronxville, N.Y. Answered Advertisement It was an "employment wanted" advertisement in a New York news- paper which cost him only five cents, 47 years ago, that started Mr. Par- son on the road 'to fortune and high 'places. Recalling his early days at the time of his retirement from the presidency of the Woolworth Com- pany, he explained that the New Yori#paper at that time was offer- ing five-cent advertisements to the unemployed who wanted to find work. His advertisement was ane swered by Mr. Woolworth, who of« fered to- hire him as a bookkeeper at $8 a week. He held out for $12. "I was only 19 years old at the time," Mr. Parson said, "but I haa definite ideas about my worth. Mr. Woolworth held out for $8, and as we couldn't agree, I went on home, Two or three days later, when I was on the verge of closing with an- other concern, he wrote me to come in and he would give me the $12 I wanted. The fact that I had a price and stuck to it seemed to im- press him." Father Was "Oil King" Mr. Parson was the son of Henry E. Parson, Toronto, once called the | "0Qil King of Canada." But soon after Hubert"s birth- there came a depression in the oil business and, decidedly reversed in finances, the family moved to Watertown, N.Y, where the Woolworth stores start ed. The family remained there for five years and then moved to Brook- lyn, where the youth received his public and high school education. His first job was as an office boy 'n the Atlantic Chemical Works at $4 a week. A man was 50 impressed with the business acumen of this boy, still in his teens, that he fur- nished all the capital and asked young Hubert Parsons to go in the chicory business as a full partner. The business flourished for a time until President McKinley lifted the tariff on chicory. That finished the business and it sent young Par- son looking for the job that was to lead him to fortune. 'OPEN' ESTIMATE OF EXPENDITURES SEEN AS PROPER Bank's Monthly Review Approves Federal Budget; Holds Taxes Not Onerous The new budget contemplates a level of revenue and expenditure never before approached in Cana- dian history, says the current Monthly Revitw of The Bank of Nova Scotia which is devoted to a discussion of "The Second War Budget." Revenues at $760 millions are placed much higher than last year's peak of $542 millions and ex- penditures, estimated at $1,300 mil. lions or more, are far in excess of the heaviest outlays during the lasg war. The Review points out that, in the present conditions of war, an "open" estimate of expenditures is un- doubtedly the best policy. "It is not a question of deciding how much we shall spend. The question is how much of the right kind of war materials can we produce." In this country, as in England, the fundamental problem is that of sup- ply. It is a question of organizing ou human and material resources for war purposes--of using avail- able industrial equipment and mak ing more; of obtaining available skilled labour and training more; and, through our export trade, of geiting the necessary imports to per- mit g rapidly rising war output. There are three ways in which the very large war expenditure is to be met. The first is by reducing peacetime government expenditures, and here the Minister of Finance is budgeting for gp substantial re- duction and suggests that the pro- vincial governments try to do like- wise. The other two methods -- which are by long odds the most important -- are increased taxa- tion and public borrowing. Taxes To Raise Money As the Review says, the obvious purpose of higher taxes and borrows ing from the public is to raise the money. The less obvious but fun- damental purpose is to prevent the money from being spent on any- thing but the war effort -- to pre- vent the rising money incomes of Canadians from much increasing their demands for peacetime goods and sérvices and thus from compet. ing for labour and materials needed in the war programme. By all previous standards the new taxes and the increases in the old ones appear to be heavy. But be- cause the national income is rising they are not an unduly heavy load for the Canadian people at a whole. Indeed, judging by the Minister's estimates, the increase in tax reve- nues this year (estimated at $225 millions) is equivalent to no more than one-third of the probable in- crease in the national income. If this were all the income that Canadians had to forego during the present fiscal year they would by and large be better off than in the past year. But, says the Review, "there is a second instalment to the story," for it appears that the Gov- ernment is faced with the task of borrowing some. $600 millions be- tween now and March 31st next. Despite its great size, it should be feasible to raice this sum of money without too much reliance on expansionary methods of fin- ance which, if carried too far, might cause inflation. While some credit expansion will be necessary and de- sirable to finance the growth of the «national income, a large part of the deficit will have to be met by Gov- ernment bond issues offered to the public. dians should make every attempt fo increase their savings so as to be in a position to subscribe to the * Government's issues to the fullest extent permitted by their means. Does Not Agree The Review does not subscribe to theory that voluntary attempts This means that all Cana-' to economize will depress business activity. "If anything," it says, "the risk is on the other side -- that savings may not increase enougi."' Admittedly, the increase in individul incomes which is resulting from the rising level of wartime production will-1acilitate-the grow-h-in-the-na= tion's savings. Part of this increase, however, will already have been tak- en by the tax system, Furthermore, part of it will no: be available in the form of savings because many of the recipients of increased in- comes will not be in a position to save. This is particularly true of people who have been unemployed or engaged in part-time occupations. 1; is, therefore, incumbent on those whose incomes are well above a minimum standard of living to cur= tail unnecessary expenditures. The Budget also indicates that there gre cogent reasons for econo- my in certain particular directions, e.g. in the use of foreign exchange and in the purchase of articles whose production requires labour and equipment that could be used readily in the war effort. It is for reasons of this kind that the spec- ial 10 per cent. tax on imports from non-Empire sources and the steeply graduated tax on automobiles have been imposed. The 10 per cent im- port fax is levied primarily to dis- courage the importation of non- essential articles and in this manner to conserve foreign exchange. The tax on automobiles is also designed to restrict imports, but like the new taxes on radios and cameras it has the added objective of re- ducing domestic demands in order to release skilled labour and ma- chinery for war production, For revenue 'purposes, the gov- ernment is relying mainly on heav- ier income taxes -- the excess prof. its tax, the increased rates and de- creased exemp.ions on the personal income tax, and a flat-rate tax on all incomes down gs low as $600 for single persons. For g full year the higher income tax rates are ex- pected to produce over two-thirds of the $280 mililons which it is esti- mated will be obtained from all the tax levies. Putting it another way, income taxes are now much the most imporiant source of revenue for the Dominion. Judging by the estimates, they will be nearly twice as productive of revenue as customs duties or the sales tax. That the income tax should be the means of achieving the greater part of the increased revenue is quite understandable. Quoting from the Rowell-Sirois report, the Review says, "between the very wealthy man who is carrying one of the heaviest income tax loads in the world, and the very poor man who is carrying one of the heaviest consumption tax loads im the world, is the large mid- dle income group which escapes relatively lightly". It le this wide field of incomes between the very rich and the poor which has been attacked most energetically in the Budget. ROOSEVELT'S TRAIN ESCAPES SABOTAGE White House Secret Service Agents Join Probe After Raii Tampered With Stanton, Del, July Al -- White House secret service operatives yes- terday joined in the investigation of an apparent sabotage attempt on a rail of the Pennsylvania Railroad here because the track is used by President Roosevelt's special train when he goes to his Hyde Park home from the capital. The train passed over the road- bed only a few hours before a track= walker discovered that spikes had been removed from the ral. Participating in the investigation also were G-men from Washington, state police and railroad detectives, who said 'the "malicious tampering" apparently was the work of a per- son familiar with railway operation. Three trains passed over the weak- ened rail without mishap, SOLINA G.G.LT, HELD SUCGESSFUL STRAWBERRY TEA Event Held at "Spruce Lodge"; Proceeds for War Charity Work (Gladys Yellowlees, Corr.) SOLINA, July 11.---On Wednes- day, July 3, "Spruce Lodge," resi- dence of Mr. and Mrs. E. D. Millson, was the scene of a very delightful and successful strawberry tea spon- sored by Solina C.GIT. The girls, sixteen in number, were dressed in C.G.1.T. uniforms with dainty serv- ing costumes of purple and gold aprons and head-bands. The tables were attractively decorated with purple and gold streamers, and looked very appetizing on the lawn. The hostess, Mrs. E. Millson, and honorary leader, Mrs. S. E. Werry, poured tea and assisted in receiving the guests. The program, which "was much enjoyed by all, consisted of violin solos by Neil McCullough, accompanied by Miss I. McCul- lough, Enfield; humorous recitations by Miss Betty Stevens, Maple Grove; also by Ewart Leask, Betty Smales and Mrs. W. Leask, the lat ter also rendering a fine vocal num- ber. Mrs. Roy Langmaid moved a vote of thanks to all who assisted by attending and those who had in any way contributed to the success of the tea. Mrs. Millson fittingly replied to the vote of thanks. The tea was very well attended, due to the ideal weather, and the girls are pleased to receive such a nice amount for use in war charity work. Mrs. N. C. Yellowlees visited last week with her sister, Miss Jessie Cation, in Toronto. Master Glenn Larmer, Blackstock, is enjoying holidays with his cousin, Master Donald Taylor. Mr. and Mrs. L. Thompson, Art and Marie, Tyrone; Mr. and Mus. Neil Yellowlees, Bowmanville, were Sunday visitors with Mr. and Mrs. J. W. Yellowlees. Bradley's Community Club had an enjoyable picnic at Orono on Thursday afternoon of last week, when about sixty-five were in at- tendance. : The Sunday School class of young ladies and men had their picnic at James' Park, North Osha- wa, on Friday afternoon, when the | usual good time was had by all. Mr. and Mrs. 8. Charles Allin, Miss Annie Allin, Mr. Albert Allin, Bowmanville; Misses Nan Allin and | MR. BRACKEN Bracken and Dunning in Ottawa News MR. DUNNING Two westerners, Hon. James Bracken, premier of Manitoba, and Hon. Charles Dunning, former federal finance minister, are prominent in Ottawa moves to bolster the government and to give impetus to the war effort. Mr. Bracken is mentioned as likely choice for the federal ministry of agriculture, while Mr. Dunning is now chairman of Allied Supplies Ltd., a government-owned company set up to handle munitions orders undertaken in Canada on bebalf of the British government. D. Smithers, Toronto; Miss Marion Allin and Mrs. N. Allin, Newcastle. at Mr. "{. J. Yellowlees. ' Miss Doris Millson is in Ottawa taking a six weeks' summer course in company with Miss Bernice Arn- ott, of Maxwell's. * Mr. Bill Clarke, Greenwood, at Mr. N. C. Yellowlees. Mr. and Mrs. Will Hemphill, Mr. Earl Hemphill and Miss Irene Wadsworth, Toronto; Mr. and Mrs. Alf. Prescott and family, Mr. Ayl- mer Prescott, Enfield; Mr. and Mrs. Les. Gibson and family, Mr. George Gibson, Mrs. Alvin Spencer and Grant, Columbus; Mr. and Mrs. Elmer Gibson, Keith and Marilyn, | Blackwater, were Sunday visitors | with Mr. and Mrs. Edgar Prescott. Miss Margaret Prescott is spend- | ing a week's holidays at Black- water at Mr. Elmer Gibson's. Miss Collins, Toronto( and Mrs. O. Rolph and Barbara Anne, Orono, at Mr. J. Baker's. Mr. and Mrs. Harry 2 Looms and Mary, Toronto, at Mr. S. E. Werry's. Mrs. J. T, Rundle at Mr. Roy | Penfcund's, Lindsay. Mr. and Mrs. H. E. Tink, Mr. and | Mrs. Bruce Tink, Mr. and Mrs. Walter Parrinder and Evelyn, and Mr. and Mrs. Ralph Davis attended Columbus anniversary services. Mr. and Mrs. A. Moore, Mr. and | Mrs. A. L. Pascoe attended Decor- | | ation Day services at Zion and | [ | visited at Mr. A. T. Stainton's. i Mr. and Mrs. Ross Pearce and | family, Ebenezer; Mr. and Mrs. | ® Canadian preference for Libby's "Gentle Press" Tomate Juice is marked. The patented "Gentle Press" vse retains that fuscious garden-fresh flavour. Yo the thousands of women who have found thet their families prefer "Gentle Producis--Soup and Catchup. Try them undar the conditions of this friendly challenge of Double Your Maney Back if not the best you've fastedmequally as good as TRY LIBBY'S EVAPORATED MILK in the United Kingdom more women use Libby's Evaporated Milk than any other brand. Try it ~--if you don't think it the best you have used Libby's will pay you DOUBLE the purchase price. method that only Libby's can duice, Libby's suggest two Foster Snowden and family, Ked- ron; Mrs. Walter Langmaid, Misses Sybil and Vida Langmaid, Oshawa; Mr. and Mrs. Sam Brooks and fam- ily, Providence; Mr. and Mrs. Roy McGill and family, Mrs. Charles Langmaid, Enniskillen, were Sun- day visitors with Mr. and Mrs. Roy Langmaid. NOT MAPLE SYRUP ORGANIZED LABOR SUPPORTS WIN THE WAR' MOVIE DRIVE Union Projectionists To Buy Days' Pay of War Savings Stamps [rSCH---- Toronto, July 11.--Officials and members of labor unions have vol- untarily come forward with their support for the "Win the War" campaign of the motion picture in- dustry in which a free show is being presented in all theatres from the Atlantic to the Pacific next Monday evening, admission to which is secured by the purchase of two or more 25-cent War Savings Stamps at the theatre wickets for the performance, the stamps re- maining the property of the pat- ron. Formal announcement has been made by the Toronto Motion Pic- ture Projectionists' Local 173 of the I.ATS.E. that all members will buy a day's pay of War Savings Stamps from their own theatre and they | have also agreed that no overtime will be charged on Monday night , July 15, no matter how late the special screen and stage program may run. Members of the Hamilton Projec- tionists' Union waited upon a rep- resentative theatre manager in that city and placed $400 on his desk as their contribution toward the For an infraction of Section 4 of the Maple Sugar Industry Act by selling adultered maple syrup, a Granby, P.Q, 'producer was fined $10. at Sweetburg, P.Q., on June 25. purchase of War Savings Certifi- cates to swell the total to be turn- | ed over to Canada for the prosecu- | tion of the war. W. P. Covert, International Vice- | | President of the I.ATS.E, Toronto, purchased $200 worth of War. Sav- ings Stamps at a suburban theatre here and gave instrustions that the admission tickets to which he was entitled should be distributed among the cadet pilots of the Royal Can- adian Alr Force as a special treat Monday night. The R.C.AYF. cadets, in turn, are co-operating in the sale of stamps for the free show in the lobby of the theatre. East Toronto Band At Salvation Army Citadel, Bowmanville (The War Cry) The East Toronto band (Band- master Jacques) paid a successful visit to Bowmanville, Ont. (Adjut- ant and Mrs. J. Hart). Arriving Sat- urday afternoon, the band partook of an appetizing supper provided by the local branch of the Sons of England, after which they pro- ceeded to the town hall, where they were greeted by the Rev. Mr, Dav- idson. At night a musical festival was given at the corps citadel, pre- sided over by Mrs. Dr. Bell. On Sunday morning, following a rousing open-air meeting, a Holiness meeting was led by Adjutant L. ! Bursey. Testimonies given by local comrades, and the singing of nearly sixty boys from the Industrial Boys' Home was a spiritual impetus. Despite inclement weather, the band travelled to Orono Park in the afternoon. They also visited the "Cream of Barley" camp near Bowmanville. At the invitation of the Rev. Mr. Davidson, the band played in Trin- ity United Church, when Adjutant Bursey led and gave stirring message. The minister spoke high- lv of the Army's work among the troops. Climax of the week-end's cam- paign was a musical festival in the camping grounds. CANNOT AGREE ON OPERATION OF WIG-WAG Port Hope Council Not Favor of Sharing Cost of Upkeep With Railway Port Hope, July 11.--Ins 3 of a wig-wag signal at the Joh Street crossing received a se when council failed to come to agreefhent with the railway as the apportionment of costs to instellation and maintenance. The railway's proposal that town should share in both costs ahd maintenance did not meet with 4 favorable reception, a motion to cept it failing to get & seconder, Port Hope band was comp mented on its recent fine sho at the band competition in Water: loo. The need of a new bandstand in Port Hope was also discussed, and while it was felt from some source that such an expenditure was un wise at this time, it was pointed © that a new bandstand was ne for reasons of safety. A motion was passed that whe: certain lots had been disposed of low prices on the understanding buildings would be erected the and that this had not been don these lots should revert back to th municipality. Advised by Mayor H, R. 8. Ry that the town had no authority pass a by-law licensing slot m chines, for the reason that matters came under the min Code, council rescinded the by-la which had been passed to licen such machines. RUSH Radishes -- Green NEW. "NATIVE £ ONTARIO SH NATIVE ONTARIO: RE Celery he (VE ONTARIO GR EEN NAT SALMON FLESH J uUMBO " ENCIA CALIFORNIA VALENC ORA FIRM RIPE A ~m---- on ad FAND SELECTED n Onions -- 10 bs. 2 9c Bch. 10: CRISP earts Head UPES SPECIAL OFFER WOODBURY'S Facial Soap 3 cakes 23. 1 EXTRA FOR le all for 24. SPECIAL OFFER! OXYDOL ux 21 2 P & G Soap For 1c aR, Ivery Soap 2 large cakes 17- 1 EXTRA CAKE Ile all for 18: ANN PAGE Mayonnaise --- or -- Salad Dressing 13:23 8-02. Jar Jar 'STAMPS. Sold at A&P STORES A&P COFFEE Bokar 5 8 O'clock Red Circle 1-1b. Bag 1-1b. Bag 33 WAR SAVINGS 37: 29: A&P HIGH QUALITY 2 +19: z. 39: Tomatoes 222: RL Satisfaction Or Your Money Back! ¢ A&P Low Everyday Prices SARDINES PEACHES TOM. JUICE BEANS RAISINS LARD Old Cheese New Cheese TEA , Puffed Wheat Guick Dinner LOBSTER TOMATOES CATSUP PEAS CORN STEAKS "= ROASTS aig, Wiss. Cube Sirloin, Wing, Face Rump, Porterhouse Boneless Round 'su = aq, mn. 29¢ PEAS 4 Veal Roast sores Back Bacon rem Cooked Ham sis Weiners sro Beef Bologna sw Back Ribs choice 1 ANNI A NO FL = ANN PAGE WHITE £ WHOLE WHEAT 5 CRACKED WHEAT El 10 EEO BLACK TEA : SHORTENING =e RASPBERRY JAM ecial end NORTHERN TISSUE MUSTARD vow ROBINHOOD OATS JUNKET POWDERS c We must limit purchases to family 'weekly requirements. Prices in effect until Satur- day, July 13th, JUNKET "zz SELF SERVICE OWNED AND OPERATED BY THE GREAT ATLANTIC AND PACH Pork Shoulders seeked sons: Spiced Ham romers sheet A«P BREAD SLICED OR UNSLICED . & Pectin CORN FLAKES xeuosr: TOASTED WHEAT Sunnyfield Ice Cream Powders JUICE hn. 25e 16: n. 27 n.45¢ p17: 215.25: 527: 2s. 25¢ By the Plece Apple | a-- 224.12 47 2m™~ 23: 25: 19, ww 7 3ru5. 2% 17 ur 18: me 11 2 19: CATSUP CHEESE CHEESE Muffets Quaker CERTO PEACHES stanaure Powders Ammonia muse 3 rae 13 SOUPS meta: JAVEX Congntratea Tuna Fish Shrimps Evap. Milk BUTTER be 24. day MAZOLA Corned Beef Chicken Anne Soap Chips . PICKLES , Ame Salmon SUPERMARKETS, Smoked Canadian Asp mn 11 ar 28 fier 28c 2 wx 19 . 10. 8- 23 le : §9c 1 22. 25: 2% 21. - 10. Je 2% 17 Aimer 2 go. 21 Cotden Bantam = 8 a 31% 43. 2 a 19. 2 rae 17. a 25¢ Grapefruit Unsweet 2 2x ons 17. ye 1 3 ree T1c As? Libby's Deep Brown Bulk Sultana Sunnyfield Mild > 30: u Quaker Pkg. 1-16. Tin ie Hedlund' New Pack Canadian Iona Gruyere Danish A 4 4 ug 4 Sieve Gerry' 25% 25: 14 eat a 17 Sor. J Tins 29 ser om o7 gf a 21 Juice 3 p= 25. PICKLES meman = 10. PRUNES r= 2» 13 YUKON CLUB GINGER ALE LIME RICKEY 3225 CLUB SODA 3x23 (Contents Only) in 25: i: 47. mm 15 A 23 So 25¢ B17: § rd 14. SELF ERVICE D. LTD, Pink