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Thursday, March 6th, 1930 The Kidneys purify the blood. When they fail, poisons accumulate and Rheumatism, Sciatica, Lumâ€" bago and a host of ills often follow. Gin Pills, by restoring the Kidneys to normal activity, give permanent relief. s Be sure you use Scott‘s Emaulsionâ€"it‘s codâ€"liver oil made easy to take. is not only codâ€"liver oil prepared for easy digestion, it 1s ar o made pleasantâ€"tasting and this makes it available to millions who need its healthâ€"giving benefits. h ** nearly everyone would be benefited by the consistent use of codâ€"liver oil. One of the drawbacks to its more general use is its natural taste. DURING the winter months "IA!\"I' a% CÂ¥ is 48 T 44 Â¥4 £a mnlllfl '\A Seott Bowne, Toronto Gross Earnings Expenses ... ... Interest....... Bad Debts . .. .. Balance Balance at Credit 31st December, 1928 . ....... . Addâ€"Prior year adjustments. .. ............ Minority Interest Adjustment in previous Surplts, .,...... Earnings for year ending 31st December, 1929 .. Dividends on Preferred Stocks of Subsidiaries. . Dividends on Common Stocks of Subsidiaries.. Dividends on Preferred Stock.................. Dividends on Common Stock .. . . . Minority Interest in Annual Surplus of Subâ€" Capital Stockâ€" referred (7%, Cum. $100 each) Authorized 75,000 Shs. Issued 55,000 Shs.............. Common (No Par Value) Authorized 500,000 "hs, Paid in by Subscribers to Capital Stockâ€"Preâ€" ferred Reserves : ;1 s rr l4 "Mincellancgous... . .,.,......... ; 3 o. 7 o0 mt Prolit ant Losgss ; ; .:; :5 > : i 500 l ues n ced ied oo Audited and certified in accordance with our certificate dated F ebruary 24, 19380. (Signed) P. S. Ross Sons, e Chartered Accountants A ed on behalf of the Board: A. pproved o of the A. 4. NESHTE ___..s.. V Directots lt ces sls 0. hi. Capital Stockâ€" s Common.;.......,;}, 2. 0T Minority Interest in Surplus id Denreclation.......s....;,..‘.,."} Balance at 1st December, 1929 Preferred Dividends payable 15th January 1930 Common Dividends payable 25th January 1930 Customers Deposits with Interest Accrued ... .. Boutd Interest Accorued.. . .;; . },.", 30517 T mxo se Approved on behalf of the Board: A,. J. NESBITT JAS. B. WOODYATT Agu)ums Payable and Accrued Liabilities . l)lvidends of Subsidiaries payable 25th January Plant Investment. .. Cash on Hand and in Bank Accounts Receivable .. ... .. Materials and Supplies ... . Mortgages Receivable .. . . .. Deferred Charges.......... 50c a box everywhere Canada Northern Power Corporation, Limited To the Shareholdersâ€"Canada Northern Power Corporation, Limited President: A. J. NEsBITT Viceâ€"President: Jas. B. WOODYATT Dirsctois J, H. BLacKk .. F. 0. BLACKWELL _ B. V. HARRISON Dax. McLacutu:nx Maj.â€"Gen. The Hon. 8. C. MEwsurn, C.M.G. A.J. NessBitt E. R. Woop P. A. TnHoxvsoxn N. A. Timuins Jas. B. WoobvrAaTT General Manager: R. V. Harrison CONSOLIDATED ANNUAL STATEMENT *# Seerstary: L. C. HASZXELL Treasurer: CHaAsS. Jou.\'s’roxs Ass‘stant Secretaryâ€"T.casurer: H A. SEYMOUR To the Public Shareholders of Subsidiaries Ont REVENUE ACCOUNT For Year Ending December 31st, 1929 Year Ending Decoember 31st, 1929 PROFIT AND LOSS ACCOUNT LIABILITIES To the Public: ASSETS THINKS PROSPECTORS ARE DOING THEIR PART WELL Taking issue with the statement of a mining engineer, quoted in a recent issue of The Nugget as saying that much of the blame for the failure of new discoveries to be made in the last few years could be laid to lack of hard prospecting effort, Russell Cryderman, for 39 years a prospector, has written The Nugget as follows: "Your mining engineer, engaged in exploratory work, must have been over an immense lot of country to know the situation with regards to what he calls ‘prospecting de luxe.‘ My opinion is that there are just as many good, hard working prospectors as there ever was, and also believe that out of the dozen or more good prospectors that I could name, there are very few who would not work just as hard for a salary as for a grubstake and his share in whatâ€" ever he may find. My experience also is that prospectors of this type will alâ€" ways work, and so far as their travellâ€" ing with a "kicker" is concerned, this only means that he is getting to his work with greater speed. "so far as your statement is conâ€" cerned about the salaried prospector not making finds, perhaps the «finds have been made, and if they haven‘t been made I think it has been largely because of "too much engineer‘"‘ on the job. In my own opinion there are many good prospects lying idle, waiting for a Harry Oakes, a Timmins or an Ennis to open them up, but there is generally an engineer standing between the property and the man who might develop i{i, if given any encouragement. I don‘t know of the prospector that has ever been paid to the extent some engiâ€" neers and brokers have. In connection with the general minâ€" ing situation Mr. Cryderman advances the interesting view that one of the factors that has held up development in recent years has been the wide spread "I believe that if your mining engiâ€" neer had taken a broader view of the matter he could have told you that there are plenty of promising prospects awaiting development, but the people who are on the job now haven‘t the courage the man had who made Lake Shore, Hollinger, McIntyre and other mines that are now full fliedged, sueâ€" cessful mines. ""It would be interesting to know how many of the properties that have provâ€" en to be flops have been sponsored by engineers rather than\by prospectors." ; Cryderman, Olidâ€"Time Prospector Gives His Views on Prospecting. . Believes Syndicates are Again Coming Into Their Own. $16,610,448.08 $16,757,284.43 $32,793,903.76 $32,793,903.76 $31,944,366.03 1929 $15,000,000.00 787,308.50 405,307.67 25,969.00 96, 250.00 56,250.00 114,362.91 125,000.00 1929 1928 $31,964,723.15 $31,179,728.12 45,869.14 450,444.29 246,563.25 8,200.00 78,103.93 74,636.70 376,534.68 259,660. 36 53,806.17 $3,116,597.16 $1,530,900.N0 319,287.74 25,092.02 $1,875,279.76 $5,500,000.00 1,848,796.00 91,459.00 5,339,378.06 174,866.04 1,353,676.82 $ 93,933.00 12,110.00 374,643.50 112,500.00 $2,546,978.41 $938,177.48 820,017.92 12,142.80 1, 346, 258.96 $31,944,366.03 1928 $15,000,000.00 1,091,503.88 275,618.79 52,719.00 90,210.75 $3,116,597.16 $1,200,719.43 1, 346, 258.96 $1,655,400.06 345,842.50 25,064.00 $5,154,900.00 1,848,796.00 83,311.17 4,734,400.23 148,907.42 1,190,460. 28 $3,116,597.16 $2,026, 306 .50 $1,190,460.28 10,172.10 $2,546,978.41 122,232.01 125,000.00 87.07 of effort. " For the»last fifteen years we have just been mussing up one area after another. We just get nicely started to develop one area, and beâ€" cause the original property isn‘t a sucâ€" cess, or possibly because someone has made a new find somewhere else, everyâ€" one drops his tools, packs up and rushes off for another field. Probably the proâ€" perty the prospector has left behind is just as good or better, but a mining area can become unpopular in a very short time." "What will happen next is anyone‘s guess, but I do think that from now on anyone who gets by will have to make it stick on a smooth surface. We hear lot about the wonderful skill and technical ability of the men who are in charge of our mines. My own impresâ€" sion from watching the whole show is that Northern Ontario has made good in a mining Way because the ground is rich, rther than because we have had lots of wizard mining men. It just hapâ€" pened that the ‘mines that have made good fell into the hands they did." That the popularity of the prospectâ€" ing syndicate will return, and that many exploration companies now operâ€" ting will return to the old methods of looking for mines, is Mr. Cryderman‘s belief, and on this basis he has just formed an organization of this kind. "The day is coming back when a prosâ€" pector or two will spend several years in the bush, looking for something, and after he gets it will nurse it along until the mine, or even the production stage is reached. One of the big differences between the prospectmg syndlcate and the exploration company is that the syndicate is usually the development of one man‘s idea, who will stay on the property until it is either proven or disproven. The exploration company, on the‘other hand, is operated under system of divided responsibility with the result there is often no definite policy pursued and responsibility is deâ€" legated from one man to another, all down the line. This does not make either for efficiency or for thorough prospecting effort." PLEASING: OBSERVANGE OF 61. DAVID‘S DAY IN TIMMINS Enjoyable Supper and Entertainment Held by Weish People of Timmins in Honcur of the Patron Saint of Wales. The reading by Mrs. J. Kinsey on "Our Patron Saint‘" was the outstanctâ€" ing item of the evening. In this selecâ€" tion she related many incidents in the life of St. David and of his religious work in Wales. f L The Wesh folk of Timmins held a most enjoyable supper and entertainâ€" ment in the Moose hall on Saturday last to commemorate the anniversary of their patron saint. ‘There was a good attendance and everyone had a thoroughly enjoyable time. The proâ€" gsramme was one of the best that has been heard in town for a long time and everyone that took part. was Welsh. The presentation by Master Tommy Jones of "Yu iachâ€"iâ€"teâ€"gymru," an old Welsh air, was very warmly applauded, and as an encore he favoured the gathering with a song in English that certainly came up to his usual high standard. The pianoforte solo by Mr. Gwyn Kinsey was very much appreciated and showed his mastery of that instrument. VÂ¥ A " W # Y V NJ a a Included in the !ha.irman’s remarks was the statement of the fact that many thousands of Welsh people were conâ€" gregated on this evening for the purâ€" pose of getting together on the day of all days dear to the hearts of all Welsh peop‘!e and their descendants. Letters were also read by Mr. Belâ€" lamy from various Welsh societies sending greetings to the Welsh people away up here in Timmins. ! After a most enjoyable supper, little Mary Jones delighted all with a very able rendering of the poetic selection, "Curfew Shall Not Ring Toâ€"night." Mrs. Hector Jones gave a very able rendering of "The Dove‘" in Welsh, and as an encore her rich soprano voice was heard to advantage in "Mentra Gwen," an old Welsh air. To open the programme, Mrs. Hecâ€" tor Jones sang the first verse of "The Land of My Fathers," ‘(the Welsh Naâ€" tional anthem.) Mrs. Will James thep gave a delightâ€" ful recitation in the most capable manâ€" mner, wellâ€"known to Timmins audiences. The singing of "The Volga Boatman" by Mr. Evan Williams was an excellent one and as an encore he replied with a solo entitled "Carradog." Miss Linda Grant sang, "I Want a Pardon for Daddy" and her sweet voice charmed all who heard her. Hr. Thos. Armstead, operator at the Sandy Falls plant of the Canada Norâ€" thern Power Co., has been transferrec to the Quinze plant of the company and he and his family are moving to their new location this week. â€" They will be much missed in this district where they have been deservedly popuâ€" lar and highly respected. Mr. Armâ€" stead is a singer of outstanding talent and has been generous with his serâ€" vices at events in Timmins and disâ€" trict. He was to be one of the special artists at the band concert Irish Night on March 16th, but his removal to the Quinze will prevent his appearanct here on that occasion, but it is hoped to have him back again here in the future. : ‘*% The pianoforte duet by Master and Miss Thomas brought a most enjoyable programme to a close. It must be addâ€" ed that all present at the event enjoyed themselves to the utmost all the evenâ€" THE PORCUPINE ADVANCE, TIMMINS, ONTARIO Settlers Asking Government for New Department to Look After Their Interests. Also for the Adoption of Plan of Bonus for Benefit of Settlers, Similar to Method Used Successfully in Province of Quebec. Petition Being Circulated For Benefit of the Settlers Last week The Advance referred to the gathering some days ago of a group of settlers and others interested at the town of Cochrane to consider ways and means for the improvement of the conâ€" ditions under which the settlers in this North Land are struggling. This meeting was briefly reviewed in The Advance but enough was said to show that conditions have been far from desirable and that improvement is very necessary. It was mentioned that the meeting decided to petition the Government along two main linesâ€"one asking for a bonus plan similar to that so successfully used in Quebec, and the other urging a separate department to specially look after the interests of the settlers. The petition is being circulated all‘over this part of the North Land. Any and every settler should make a point of reading and considering the petition and if it agrees with his ideas he should see that his signature is on it. The Advance has received a number of copies of the petition. Some of these have been sent out to settlers with the suggestion that they assist themselves by making their views on the matter known. Any settler who has not had opportunity to sign the petition and wishes to do so can obtain a copy at The Advance office. The following is the petition as finally drafted:â€" To the Honourable G. Howard Ferguson Prime Minister of Ontario, Parliament Buildings, Toronto, Ont. Honourable Sir:â€"The humble petiâ€" tion of the undersigned settlers of Norâ€" thern Ontario, showeth, that: Whereas coloanization has been reâ€" sponsible for the present state of deâ€" velopment in Northern Ontario, and upon further colonization will depend the future progress and prosperity of this greater and newer partâ€"of the proâ€" vince; Jointâ€"Ease is made right, here in Canada and it‘s just as good for lumâ€" bago tooâ€"a generous tube for 60 cents at druggists everywhereâ€"Guaranteed. And whereas the industries in Northâ€" ern Ontario have been going ahead with rapid strides while agriculture has stagnant; And whereas the greatest prosperity and progress in Northern Ontario will be brought about by a simultaneous deâ€" velopment cf industry and agriculture; And whereas a large proportion of us, the settlers, have not enough capital The euchre and bridge card party held by the Women of Mooseheart Legion on Wednesday evening of last week attracted the largest attendance of any card party yet held under Moose auspices. The Moose hall seating acâ€" commodaticon was taxed to capacity and the games ere keenly contested. The prizeâ€"winners were as follows:â€" Euchre, ladies, ist, Mrs. A. M. Mercier; 2nd, Mrs. A. J. Caron; consolation, Mrs. N. Burton; gentlemen, l1st, Mr. Jos. Montigny; 2nd, Mr. F. Carpenter; conâ€" solation, Mr. A. Denis. Bridgeâ€"ladies, 1st, Mrs. W. J. Wilson; 2nd, Mrs. H. Herman; consolation, Mrs. C. A. Johnâ€" son; gentlemen, 1st, Mr. C. R. Williams; 2nd, Mr. Chas. Cummings; consolation, Mr. H. Herman. Card Party by Women of the Moosecheart Legion After the prizes were presented a nice line of refreshments was served, and songs were rendered by Mrs. Sermon and Mde. Lortier. Readings by Mrs. H. Sky were also enjoyed. A pleasant evening finished up with a few dance numbers played by Mr. W. H. Wilson at the piano. Winnipeg Tribuneâ€"Mr. J. S. Ewart, K.C., is apparently not yet quite satisâ€" fied with the autonomy of Canada. However, the old flag still fiies. GEO. E. COLE TO DIRECT MANITOBA MINERAL WEALTH The following despatch this week will be read with much interest by oldâ€"timâ€" ers and others here:â€"*‘Winnipeg, Feb. 27.â€"(CP)â€"Gegorge E. Cole, present chief inspector of mines, will be the provincial director of mines and head of the new department which will conâ€" trol Manitoba‘s mineral resources, it was learned toâ€"day. The new departâ€" ment was formed following the return of the natural resources to the province by the Dominion Government." . When you came home from work at night with a back so sore, lame and weak that, you feel mighty sure you won‘t be able to go to work in the morningâ€"DO THIS: Unless you‘re different from other men you‘ll wake up in the xr_xomin_gjvith Some backs ache all day longâ€"a steady aching sorenessâ€"it seems to the man affiicted that at times his back was breaking! Get someone to give it a good rubâ€" bing with Jointâ€"Easeâ€"a soothing, peneâ€" trating, pain subduing, wonder worklng emolient that gets right under the skin â€"right where the muscles are inflamed and sore. : Then forget your troubles and go to sleep. a back free from aches, pains, stiffness and miseryâ€"and you‘ll go to work with a grateful heart and tell your friends about the mighty swift acting power of Jointâ€"Ease. Man‘s Poor Batk Lame and Aching and the price paid for pulpwood is not sufficiently high to enable us to save enough money to live on our farms while we do the clearing; Andâ€" whereas the present settlers‘ loan system has not met the situation; And whereas while it is true that many thousands of dollars have been spent by the Government in the past in the building of new roads, still these have never been sufficient to meet the urgent requirements o‘ the settlers, great number of whom are yet without roads. And whereas the lots of 75 or 80 acres are too small for mixed farming, upon which we depend for a living; And whereas we are now at a time when a greater acreage of cleared land is essential to our existence; And whereas we will be compelied to abandon our farms unless these adâ€" verse conditions are improved ; And whereas your Honourable Govâ€" ernment has recognized the benefits of the bonus system by adopting it to aid the iron industry and Rural Hydro; 1. That a separate Department of Colonization be established and placed under an efficient Deputy Minister who will be responsible to the Minister of Agriculture for the organization and carrying on of a vigorous and progresâ€" sive colonization policy of judicious settlement of Northern Ontario. Therefore we humbly beg to submit to you the following suggestions to reâ€" medy these conditions: 2. That township roads be built imâ€" mediately wherever they are urgently needed. 3. That the following bonus be paid to bona fide settlers: (a) $10.00 per acre for slashing and burning. (b) $10.00 per acre for stumping, grubbing and burning. (c) $5.00 per acre for bleakmg and seeding. These premiums to be paid for a miaxiâ€" mum Oof 5 acres per year on each lot until a maximum of 35 acres has been bonused. 4. That the size of the lots be restorâ€" ed to the original survey of 160 acres in 6â€"mile townships and 150 acres in 9â€" mile townships; Rezort of Superintendent District Children‘s Aid A protest has been made from the Government employment offices in the North Land against the proposal to bring outside labour into this section of the country. The protest is underâ€" spood to have been forwarded last week to the Ontario headquarters in Toronto from the labour bureaus in the North. The protest arises from a suggestion from the Manitoba Gov. ernment that a number of men out of work in Winnipeg might be shipped to Orftario to work on the new extenâ€" sion of the T. N. O. Railway north of Cochrane. It is said that Manitoba hoped by this plan to get, rid of some seventyâ€"five of the outâ€"ofâ€"works in that province. The schetme, however, could not be acceptable to Ontario in view of the fact that there are towns of the North to fill all the places that may be open through the new railway construction work. It would certainly be poor policy to bring in unemployed from Manitoba or any other province while in Cochrane, Timâ€" mmins, Cobalt and other towns of the North there are men who cannot find work at present. The North, like other parts of Canada toâ€"day, has its own unemployment problem and there cerâ€" tainly is neither sense nor reason w1 the idea of Ontario importing any mere unemployed. It is said that as soon as it was known that the T. N. O. would extend its line north of Cochâ€" rane scores of men have been hustling in to Cochrane ready to be on the j b as soon as the railway construction may be started. And yourf petitioners will ever pray; etc. children ..;....*.%.. n on es ie i hy Children placed in homes ................... 1 Children made wards of the Society 6 Children returned to the Shelter........ 2 Children cared for in Shelter ... 30 Children boarding outs......................... 9 Investigations and Unmarried Parâ€" ent‘ S CRSES .c ie i esn v ies 1 During the month the society assisted in giving relief to 15 children in their own homes. PROTEST AGAINST DUMPING UNEMPLOYED IN THE NORTH The following is the report ‘for February, 1930, of A. G. Carson, superâ€" intendent of the District of Cochrane Children‘s Aid Society, for the month of February:â€" Applications for children .............. o IntCerVvIews .cs PAE P i cA t a4 Complaints received 30 Children involved (apart from shelter)® ; o. s o en i in e ns Court attendance :..l..s:.13..:...}......... MaAll!recelved ie« . :i s ns Mileage travelled in the interest of Wilson Lang and Mrs. Lang left on Sunday to attend the Manufacturers‘ Life «Insurance meeting of the agents‘ Two Hundred Thousand Club held at Hamilton, Bermuda. On their return trip they will visit in St. Thomas and Toronto. DEATH OF G. A. BAGSHAW AT TORONTO ON WEDNESDAY LAST In the death at Toronto on Wednesâ€" day of last week at the Wellesley hosâ€" pital following a long illness of diabetes, of George Alfred Bagshaw, a prominent mining broker of Haileybury, there bassed one who was widely known in Northern Ontario. Born in Stayner, Ont., Mr. Bagshaw was in his fiftieth year. As a lad of 13 years he entered Doner Comâ€" pay‘s bank at Stayner, then later servâ€" ed in the Quebec Bank at Ottawa, and also at Wiarton. When only 22 years of age he was made manager of the Union Bank at Newboro, Ont. Twenâ€" tyâ€"two years ago he became manager of the Union Bank at Haileybury, which some years ago merged with the Royal Bank. Subsequently Mr. Bagâ€" shaw left the bank and became interâ€" ested in mining brokerage. He was a Mason and an adherent of the United Church. Surviving are his widow, formerly Miss Lynnie Lockerbie cf Owen Sound; two daughters, Estelle and Nona; two sons, William and Jack, all of Haileybury; his mother Mrs. Edâ€" ward Bagshaw of Hamilton; six sisters and two brothers.‘ A class for the training of Mining Prospectors will be held under the auspices of the Ontario Departâ€" ment of Mines in Oddfellows‘ hall, at Timmins, beginning March 10 and continuing for eight days. Tuition will be in elementary chemistry and geoâ€" logy, and particular attention will be paid to mineral spotting. _ The Class will be under the direction of Dr. E. M. Burwash, who will also glve a number of evening lectures illustrated by lantern slides in Central Public School. CLASSES AND LECTURES FREE OF CHARGE Hon. Charles McCrea, Thos. MV. Gibson, Minister of Mines _ Deputy Minister of Mines sz Prospectors Class WE SELL FOR LESS WHY PAY MORE? Frank Byck Goldfield Drug Store 2000 rounds to Coal and Fuel Merchant 64 Spruce South But Good Service to All Always!" All Ways! PHONE 32 TORONTO, ONTARIO T HE UNDER THE MANAGEMENT OF Canada Northern Power Common Dividend No. 3 ICE is hereby given that a Dividend of 15¢c. per share (being at the rate of 60c¢c. per annum) has been declared on the no value Common Stock of CANADA ORTHERN POWER CORPORATION LIMITED for the quarter ending March 31st, 1930, able April 25th, 1930, to shareâ€" iders of record at the close of business on March 31st, 1930. By order of the Board, L. C. HASKELL, Secretary. Montreal, February 25th, 1930 Corporation, Limited