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131 An industry that will produce $120,â€" 000,000 to less than 3,000,000 people every year and turn into the State $5,0006,000 to $6,000,000 in reduction of taxes is one we should preserve. ‘‘We are commenceing to find we have exhausted our ‘inexhaustible‘ reâ€" sources. At the present rate of conâ€" sumption we have white pine to last only forty or fortyâ€"five years. Are we going to cease to be a timber producâ€" ing country? We hope not, and we are going to the jpeople now an«d asking you to allow us to face the situation and to support measures the average Canadian would not have stood for a few years ago. It means increased expenditure and dwindling revenue to the department, but I think it means in a few years our timber wealth will be reâ€"established. Southern Ontario we say nearâ€" ly every farm has five to ten per wcent. of the land not suitable for agriculture, that does not produce deâ€" cent pasture even in June, and we say it is intended for another crop, for tree growth is a crop the same as wheat or oats. The sooner the Proâ€" vince learns to adopt the European practice and treat timber as a crop, the sooner we will get somewhere. In Southern _ Ontario we propose the simple method of replanting and have five forestry stations, the nearest to London, being St. Williams, and these are turning out eight to nine million trees a year and we hope to increase that to twenty million. We go to every farmer and say, ‘*‘ We will give you 3,500 trees free and show you how to plant.‘ We give 500 spruce, and if I had my way I would require every farmer to use these, because as a windbreak they raise the temperaâ€" ture several degrees in every building a farmer has, and will allow him to let his cattle out in a barnyard for exercise two or three times as often as otherwise. ‘*‘We ask each county to buy 1,000 acres and we offer to see that a proâ€" per man is put in charge and bear all the expenses of taking care of it. ‘What are we going to have to acknowledge after years we have acted like drunken sailors in port. Hon. Mr. Finlayson Outlines Plans to Conserve the Forest Resources. Quotes Facts and Figures. ‘*You remember,‘‘ said Mr. Finlayâ€" son, ‘‘the extravagant way we talked of our ‘illimitable timber resources‘ and acted in the same way. You had in Western Ontario one of the finest stands of timber in the world, walnut in immense quantities, hardwood, maple and everything else and farther north the wonderful pine. _ White pine was all that was regarded as valuable in the early days, and one of the tragedies of to?day is that you will find a bush lot here and there, worth more than the farm across the road. ‘‘I had the department prepare a statement of what the forest products in Ontario amounted to over ten years and we found they had realized to the people of Ontario $120,000,000 a year, vyear in and year out, and to the Proâ€" vince a revenue running over a long period of $5,000,000 to $6,000,000. URGES THAT TIMBER BE . UPON AS A CROP That Ontario look upon timber reâ€" sources as a crop was one of the ideas in an address given by Hon. Mr. Finâ€" layson, \Ilmster of Lands and Forests, at London, Ontario, last week. Con- servation of Ontario‘s timber reâ€" sources, he said, is necessary if these resources are to continue in existence. At the end of the period of maturity the county may take it over by paying the expense, if they see the thing is a success, or they may go partners with us or they may stay out. ‘‘‘We go to the cities and towns also; ask them to take our trees and plant them; to pick out a demonstraâ€" tion plot on the highway and see how they will grow."‘ Huron Expositor:â€"Why are turâ€" keys so searce, and why are they so hard to raise? In pioneer days turâ€" keys wore as common on the farm as chickens, and before that they roamâ€" 73 wild over the country. Now a $pok of turkeys, of any size, is so rarely seen as to be almost a curiosiâ€" 1 M o/rre Etractof Cod Liver Tar B a for cousks, coups § and BRONCHITIS @ do? We all these x ‘lot of WOMAN AND NARROW LAKTE MAP BY ONTARIO DEPT The Canada Northern Power Corâ€" poration is to issue a monthly magaâ€" zine for its staff. The following reâ€" ference is made to the matter by The New Liskeard Speaker :â€" ‘‘*At an early date the Canada Norâ€" thern Power Corporation will comâ€" mence the publication of a monthly magazine which will be devoted more particularly to electrical matters, and will be of especial interest to the Corâ€" poration and the employees. A comâ€" mittee was appointed to select a mname for the paper, and the winner is to be given a nice prize; but although the committee selected a name from about two hundred the name of the winrer was still unknown at the time of goâ€" ing to press. The judges awarded the prize to the holder of a certain numâ€" ber. The name selected is ‘*C.N.P.C. A new geological map (60. 36¢) with the above mentioned title has just been issued by the Ontario Deâ€" partment of Mines. The seale is two miles to the inch and the map sheet covers a rectangle 42 miles by 48 miles in area lying about 40 miles to the east of Red Lake. The geological field work by J. W. Creig, now of the (Gteophysical Laboratory, Washington, D.C., was done in 1926. Geologically it is a reconnaissance map only, but the distribution of the principal rock formations is well shown. During the past field season Dr. E. L. Bruce, of Queen‘s Universiâ€" ty, who mapped the Red Lake area, did detailed geological work in the Womanâ€"Narrow Lake region, but it will be some months before his maps are available. Meantime prospectors and others will have the benefit of a very useful general geological map, based on aerial surveys bv the Topoâ€" graphical Survey of Canada in coâ€" operation with the Royal Canadian Air Foree, and controlled by ibase and meridian lines surveyed in 1926 by the Ontario Department of Lands and Forests. One of the more important gold prospects, the Jacksonâ€"Manion, lies near the centre of the map. It will be noted that the water area is large and canoe routes numerous. A geoâ€" logical report, both on the Red Lake and Womanâ€"Narrow Lake areas, will be available for distribution in a few weeks. CANADA NORTHERN POWER TO ISSUE A MAGAZINTE Review Pork Beans ‘"*"Let the Clark Kitchens help you" ungry » both please and satisfy Sold W. CLARK Limited Montreal every w here THE PORCUPINE ADVANCE, TIMMINS, ONTARIO GPLEXDIO STATEMENT OF IMPERIAL BANK OFf GANADA Following the Viceâ€"President, the General Manager, Mr. A. E. Phipps, reviewed the Bank‘s statement which, it is of moment to say, is the best statement in the Bank‘s history. During the year, the total assets grew from, in round figures, $132,000,000 to $139,000,000; deposits from $100,â€" 000,000 to $109,000,000 ; liquid assets from $69,000,000 to over $76,000,000 and profits from $1,265,000 to $1,383,â€" 000. Bank‘s position, Mr. Phipps saidâ€" ‘‘Turninge to the asset side of the statement during the year a system was put into effect whereby the stateâ€" ments for all clearing houses axe made daily in one amount in Montreal. This will probably enable the banks as a whole to carry less of the reserves in actual cash in the future, but up to the present we have made little change in our policy. ‘Specie, Dominâ€" ion notes and foreign currency on hand amount to $11,575,531, practiâ€" cally the same amount as last year. When we add to this the deposit in gold central reserves, cheques on other banks, balances due by other banks in Canada, the total cash aâ€" mounts to upwards of $28,000,000 or $1,000,000 over last year, and equals 22.92 per cent. of the Bank‘s liabiliâ€" ties to the public. General Manager Reviews Bank‘s Year at Annual Meeting. Viceâ€" President Expresses Great Confidence in Future of Country The annual statements of our charâ€" tered banks may Ibhbe accepted as a true index of business conditions which have prevailed in the country over the previous 12 months. We have learnâ€" ed that Canadian bankers in their annual addresses to the shareholders generally paint a fairly dependable pwture of the coming year, and so give to those mterestod in business pntomnse a course that can, with The address contained such a volume of interesting and informative material: that it should be carefully read by every business man within Canada. Indeed, its cireulation in a wider field would be of the greatest benefit to the country. Following the Viceâ€"President, the General ’\Luumm, Mr. A. E. Phipps, Referring to the liquidity Bank‘s position, Mr. Phipps The staff received an encouraging word from the General Manager when he saidâ€"‘*The staff consists of 1304 The growth of the bank necessitates a oonsequontlv growing number of employees. The staff durâ€" ing the year have, if anything, been more efficient than ever, and I much pleasure in again testifymg to their lovalty.‘‘ Mr. Phipps elosed his remarks with the following reference to tax reducâ€" tionsâ€"‘‘I am happy to ‘be able to reâ€" cord that during the year there was a slight reduction in income tax, and that what were deemed nuisance taxes, particularly the stamp tax, were either abolished or very considerably ameliorated and I am glad to make my acknowledgment to the Finance Minister.‘‘ Quabec Chronicleâ€"Telegraph :â€"Foo ish pride sells a lot of automobiles. closed his remarks with reference to tax reducâ€" happy to ‘be able to reâ€" no the vear there was the Mail Empire:â€"According to a physiologist in the University of Chicago, if you eat heavily in the morning you‘ll lose weight, and if you eAt heavily at night you gain weight. So by eating heavily at both ends of the days you maintain your balance. ed Chief Toohey‘s suspicion, and plac ed under arrest, admitted his identity For assaulting W. E. Sauve, Sudâ€" bury taxi driver on the Coniston Road on Nov. 9th, Harold Cooper, hailing from Vancouver Island, was last week sentenced to two years at Kingston Penitentiary. _ Cooper had previously elected to be tried by judge and jury at the Spring Assizes, but after thinking the matter over in the District Jail changed his mind and requested that his case be disposed of requested that his case be disposed of in a speedier manner. Cooper struck Sauve over the head with an iron pipe while a passenger in the latter‘s car, and endeavoured to rob him but was beaten off.. While walkâ€" pipe while a passenger in the latter‘s car, and endeavoured to rob him but was beaten off. While walkâ€" ing the streets of Coniston, he arousâ€" SENTENCED TO TWO YEARS FPOR ASSAULTING TAXI MAN Brunswick Electrical Records Play on Any Recordâ€" Reproducing Instrument but Best on the All 10 â€"inch Brunswick Recordsâ€"Gold, Purple and Black Label Leading Artists of Brunswick‘s New Hall of Fame New York Philharmonic Orchestra Minneapolis Symphony Orchestra Cleveland Orchestra Toronto Mendellsohn Choir Josef Hofmann, Pianist Leopold Godowsky, Pianist Elisabeth Rethberg, Soprano* Mario Chamlee, Tenor* Albert Spalding, Violinist Sigrid Onegin, Contralto* World’s Best Enduring musicâ€"the beautiful ballads, inspiring symphonies and classic operasâ€"is growing tremendously in public demand, and to foster this growth in musical appreciation we take this action. Brunswick will no longer penalize your musical taste by charging more for great symphonic, operatic, and other standard recordings by worldâ€"famous artists and musical organizations. Opposite Goldfields Theatre Third Ave. â€" > Timn Marshallâ€"Ececlestone Wilson‘s Drug Store Visit the Nearest Brunswick dealer toâ€"day. He will gladly play any Brunswick Records you may care to hear LIMITED Pine St. and Third Ave. FOR SALE IN TIMMINS AND SCHUMACHER BY J. T. Heffernan 0. J. Emery at Popular Prices T‘mr Brunswickâ€"BALKEâ€"COLLENDER CoOMPANY OF CANADA, LIMITED Toronto, Montreal, Winnipeg, Calgary, Vancouver *Metropolitan Opera Company Now offers the "A. G. Gagnon, Marcella street reâ€" turned this week from a hunting trip with a fine trophy of the chase in the form of a moose head, which he secured in the woods near Goward. There were four in the party, the other three being Temagami men, and the total of the kill was the moose and one deer. The big fellow was located about a mile and a half from the Ferguson Highway three miles on this side of Temagami, a section of the country that is usually conâ€" sidered good hunting territory. The head, which Mr. Gagnon now has in his garage, has a beautiful set of horns, with a spread of 45% inches from tip to tip. It is a fine specimen of the lordly moose and he is justly proud of it. The head will be mountâ€" ed and placed in the Columbus hall. This is the first moose to be brought in to Haileybury in a long time.‘"‘ FINE MOOSE HEAD AS A TROPHY FROM TEMAGAMIT The securing by a Haileybury man of a particularly fine trophy from the Temagami woods is recounted by The Haileyburian as follows: ‘heatre ‘‘In the Heart of Moneta‘‘ Timmins Cor. Pine St. and Kirby Ave. All 12â€"intch brunsWICK Recordsâ€"Gold, Purple and Black Label $1.00 "The Sign of Musical Prestige John Charles Thomas, Baritone Claire Dux, Soprano Michael Bohnen, Baritone* Florence Easton, Soprano* Edith Mason, Sopranot Richard Bonelli, Baritonet Karin Branzell, Mezzoâ€"Soprano‘ Giacomo Lauriâ€"Volpi, Tenor* Lauritz Melchior, Tenor* Marie Morrisey, Contralto Friedrich Schorr, Baritone" {Chicago Civic Opera Company Schumacher, Ont. All 12 â€"inch Brunswick Thursday, Dec. l1st, 1927