The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

(From The Northern News) The very recent banking troubles in the United States are felt even, or alâ€" most felt in Cobalt. A Cobalt resident received letter bearing an American stamp con Saturday last. Opening it hurriedly he took therefrom a cheque. His sigh of relief could be heard all over the post office as he ejaculatéed, "Thank God, it‘s on a Canadian bank." T Foaar o mmins COBALT MANX GLAD CHEQUE WAS ON A CANADIAN BANK substance in Slendor Reducing Tabâ€" letsâ€"a purely vegetable compound that gives a slim, youthful figure in 2 healthful, harmless way. When you feel blae world, that‘s your live daily two pounds of liq Mere bow water, lauza roughage, d Wake up your Liver Bile â€"No Calom table, Sure. Ask for them by substitutes. 25¢. at all druggists YOUR LIVER‘S MAKING YOU FEFL OUT OF SORTS THREE WEEKS‘ TREATMENT $1,50 No Animal, No Chemical Gross Earnings.......... EÂ¥rr * E .. .. $1,067,691.27 Interest (Including U.S. Exchance thereon ) 189. 12 w Deb . .............. n to% # o# o# % # t on k s # o# % 4.]4].00 .. ... .. EC U PHE z6L 1,424,750.23%6 Reserves â€" .. {trererest . ; .. . . <. .« <.«. «6e ts va it a Paid in by Subscribers to Capital Strock Profit and Loss . ....... Frofit : x in t n on it + ----------------------------- ............................ ------------- T 2 s +s« 2X« Â¥C4X‘x «*Â¥ 4 2 4 x in se e n a nce at Credit December 31st, 1933.. Balance at Credit December 31ist, 1931.... Peduct: Prior Year Adjustments....... Less: Minortty Interest adjustment in previeus Profit and Loss . . Earnings for the year ended Dec. 31st, 1932 Minority Interest of Subsidiary in Annual Capital Stack â€" Pl’?ft‘l’l’@d ........ w won mow # m w o# e e % 4 # ob bok a»* l‘“moo sl‘“ooooo C OLIIIONL.....«..... «t 287,083.50 267 ,866 .82 Minority Interest in Profit and Loss ... . . 17,275.06 18,166 .28 To the Shareholdersâ€"Camada Northern Power ( orporatlon Limited : Cupital Stock â€" referred (7%% Cumulative Shares of $100, each par value) (Callable at $110. and accorued dividend after 60 days‘ notice,) Authorized . ......... 75,000 shares lssued and Outstand=â€" WMkk :. . 55,000 shares 5,300,000.00 _ 5,.500,000.00 Common (No Par Valnc) Authorized............ 500,000 shares Issued and Outstand=â€" «.i rart 3 375,000 shares 1,848,796.00 1,848,796.00 Approred on behall of the Board: A. J. NESBITT Plant Investment . Cash on Hand and in Bank 7 te 1iÂ¥ 1e a ) . es e . 4 s s s 1 % < tÂ¥ A(’Counts R“e’vable ............ # me «+4 Investments at Cost Value........... Merchandise, Materials and Supplies Mortgages Receivable., .. . . i xV cÂ¥ e me Deferre (‘hdfg“ o wob thk o8 bu% bo4 Common DMvidend payable 25th Jan. 1933 Borid Imteéguest Actrucd ...‘ 2. 2l Customers‘ Deposits with Interest Accraed Audited and certified in accordance with our cortigcate dated sim #th. 11383 (Signed) â€"P. 8. Ross Some, Chartered Acccuntarts Accounts Payable and Acorued Linbilities Dividends of Subsidiaries payable Jan. 1933 Preferred Dividend Payable 15th Jan. 1933 ‘NOILVHOdHXOT) YIMOq President: A. J. NEsaritt Viceâ€"Presidenrt: Jas. B. WooDY aATT Viceâ€"President and General Manager: B. V. Harrison Directors: J. H. BLACK F.O. BLACKWELL B. V. Harrisoxn Dax. MeLac#uix® Maj.â€"Gen. The Hon. S. C. MEWRURXN, C.M.G. A. J. NEsSPITY 1‘. A. THoxson N. A. TIMMINs Jas. B. Woopvyatt Secretary: L, C. HASKELL Treasurer: Cxas. Assistant Secretaryâ€"Treasurer: H. A. StÂ¥mxoun ande c aricd el Druggist CONSOLIDATED ANNUAL STATEMENT blgze, depressed, sour on the * liver which ian‘t pourihg its Af liquid bileinto your bowels. are being alowed mlating and deenying inside you feel wretched. vers like salts, oil, mineral candy or chewing gum, of o far enough. ef stimulant. Catter‘s Little best one. Safe. Purely vegeâ€" for them by name. Refuse To the Public Sharecholders of Subsidiaries alomel needed REVYVENUE ACCOUNT For Year Ending December 31st, 1932 AND SUBSIDIARIES Years Ending December 31s t LIAABILITTIES To the Public: ASSETS «e i 4 ) TAESLE RER JAS. B. WOODYATT | Directors The immediate result to the indiâ€" vidual would be so small as to add nothing to his wealth; the ultimate result would be the ruin of the system by which he lives. To draw this element out of trade and industry in order to divide it among the population is impossible, and were it possible would be suicidal. it, have stood ever since, like sturdy beggars, at the door of the "capitalist system," begging for the capital of other nations. Without it life would be "nasty, bruâ€" tish, and short," since it makes the difference between barbarism and ciâ€" vilization. The Russians who destroyed their capital in the attempt to divide It is in form and use infinitely varâ€" ious and in every form and use requires expert handling. Labor is only one of the many elements out of which it is created. The mind of one man may make more wealth, as when Stephenâ€" son invented the locomotive, than forty million pairs of hands. Moreover, it must be stored in large parcels for great service. . It is invested in all the industries and trades of the nation, partly fixed and partly floating; it cannot be drawn out without loss and must constantly be renewed; partly it is held in reserve against the day of renewal; partly it is imprisoned by the past, and partly it is connected to the future; partly it is buried underground and partly it is afioat on the ocean; partly it is mortâ€" gaged to the vast supplies of food and raw materiai by which industry is kept at work and the nation in life. Wealth, which is so ignorantly deâ€" cried because so ardently coveted, in what does it consist? When the ragged army of the French Revolution entered Holland their thoughts were centred upon the Bank of Amsterdam, reputed to be the wealthiest in the world; but when its coffers were broken open they were found to contain only a vast arâ€" ray of bonds and titleâ€"deeds, no longer of any value because unsupported by any law. morrow it might represent nothing. Money, indeed, is not wealth; but mereâ€" ly the wheels which give it currency. Wealth itself is something protean and imponderable, as much a power as maâ€" terial, like steam or electricity, driving by its million shafts and beltings the intricate machinery of civilization. intercepted by skimmed liked butter, divided distributed. So it is with money: it cannot save in the conditions in which i bred. Toâ€"day it represents much; “'h‘t Constitutes Wealth? SXE TT ¥«* wealth and its distributic Ing eclitorial article from that there is for everybody Anc §$35,335,104.08 §$35,335,104.05 $17,754,566.74 1932 $§$34,195,845.87 52,352.52 1932 $17,000,000.00 297,160,.26 771 00 96.250.00 78,000.00 141,041.066 120,343.82 §$2,763, 271 .44 $3,456 *3 4 mmwn ooooo 345,762.06 361,660.00 280,230.57 99,253.03 Mo Equitable Division? eream 1 ADundand and that : the vrich $34 1931 $17,000,000.00 284,206.85 24 888.00 96.250.00 75,000.00 141.666.68 109, 884. 40 $17,731,895.93 931 §$33, 864 097.02 ‘2'767'27' u“ §$3,456,771.65 1,337, 393. 33 1,14231,750.2%%6 284,106.11 1,500.00 135,809.31 127 .88 1 | not !in Timmins. It seems to be the only thing now to secure some kind of action is to press for the immediate sitting of the appeal board on these particular eases and to issue a verdict in regard ‘to Joseph Hussin. It has been asked: "How would the members otf parliament react if Hussin could appear before that body?" Recently in answer to a quesâ€" tion if the House of Commons would consider any pension problems this session? the Hon. Murray MacLaren stated that some amendments to the Pensions Act would be before the House ‘this present session. There are hopes ‘entertained by a large number of inâ€" terested persons that the cases which are obviously of a service disability will be given a speedy decision. If not in favour of the claimant the reason for same should be clearly stated. All will watch these amendments closely and Iit is hoped that cases like those of the Legion service. As bers so the tablishment Those War Medals At the present time the Department of National Defence seems to be greatly worried over the fact that they have 50,000 war medals not yet claimed. The advertisengents appearing in vartous papers do not give one much informâ€" ation except stating that those who served in England, France or other theatres of war who have not received their medals can do so by appplying to the Secretary of National Defence, Otâ€" tawa. In the years immediately folâ€" lowing the war, there were hundreds who jumped the old khaki as soon as they landed and as far as they were concerned wanted to forget the hardâ€" ships through which they had passed. The â€"records showed no address of the men because in numerous cases they did not pass through the demobilization centres. But 50,000 medals seem a mighty lot. In view of the fact that the Department wishes to have these medals claimed, and in an effort to help some who have not yet received their decorations, it has been suggested that this column seek further particuâ€" lars regarding same. There are some members of the Third Canadian Diviâ€" sion who entered Mons in 1918 who say tney are entitled to a medal for that occasion. Then there is the same query from other branches of the Canadian Corps who were present on that occasion. The Mons Star as far as we know was given to those who saw service in Prance prior to Jan. 1st 1916. The Victory Medal was given to all enlisted men and the General Service Medal to those who actual service overâ€" seas. There were many rumours also that bars were to be eventually awardâ€" ed for victorious battles such as Vimy, Courcellete, and all others in which the Canadian troops figured. In answer to the suggestion that this column publish fuller details this will be secured and the information passed on to those interested. "Joseph Hussinâ€"And Others" will be given fair and proper treatment as a result. 4A 44 L4 4844 S Better Pension Legislation brate the capturing of Vimy Ridge, the The matter of securing a little justice | Canadian Legion took it upon themâ€" for veterans of the Canadian Forces|selves to reâ€"establish this event as overseas and at home, has not rested | strictly a veteran affair; after others the Porcupine | The Canadian Legion in THE PORCUPTINE ADVANCE. TIMMTINS OX i [ thern News last week says:â€"**"Wolves have caused a lot of} damage this winâ€" ter to farm stock in ‘that part of the "little clay belt" ‘that is located in Kerns, Hudson and Bucke townships. Farmers who come into the Kirkland market every Friday can tell you storâ€" ies of theis depredations that indicates a big drive will be necessary to stamp out the menace. The animals make their homes in the ridge country and swoon down upon the farms in the lowlands. Wm. Hastings, president of the Temiskaming Farmers‘ Association, recalled last week that one of the farâ€" mers recently killed a female wolf carryâ€" ing a litter of three, and he was wonâ€" had been mist Pasadena Post:â€"At the opening of the civil war an Iowa man was reâ€" jected by the examination board as too frail for military service. As he celeâ€" brated his 102nd birthday anniversary in California recently he had almost reached the conclusion that the board these wavs dering datory to col to collect bounty wolves. One of the comes to market t porter that. the v so bold this winte running in packs, s barns after sheep. lieves some of the a smaller He thinks with the It is a pleasure to say in closing thnat after these eight years and the three years of acute depression with the many calls for assistance, the finances have weathered the storm and the posiâ€" tion now is one worthy of any organiâ€" zation. With the passing of the eighth mile every one should strive to make the Legion one in which every returned soldier is a member. The "Roving Reporter of The Norâ€" thern News last week says:â€"*"Wolves have caused a lot of}idamage this winâ€" The internal sphere of Legion work in the past shows that its membership consists of some outstanding members. These have given good service since the inauguration of the branch and are still carrying on. Some of the old oriâ€" ginals dropped away and with a vigorâ€" ous membership plan for the coming year many could be enrolled once again. It is a pleasure to say in closing thnat after these eight years and the three vears of acute dz2pression with the WOLVES SAID TO HAVE BROKEN INTO BARNS AFTER SHEEP Thi the and t] petitiv the fu soring like that of lettuce., Inside the body, it forms a soft mass. Gently, it clears out the intestinal wastes. How much safer than patent medicines. Two tablespoonfuls daflg are usually sufficient. With eac meal in serious cases. If not reâ€" lieved this way, see your doctor. Kellogg‘s ALLâ€"BRAN. _ "At the end of the week, I knew I had something that was it, and I kept on taking it. I haven‘t taken a cathartic since. I can eat meat any time, as often as I like, or any other kind of food, and no constiâ€" pation." Mr. L. M. Durigan. (Adâ€" dress furnished upon request.) Laboratory tests show Kellogg‘s ALLâ€"BRAN provides "bulk" to exâ€" ercise the intestines, and vitamin B to help muscle tone. Also iron for the blood. Sold in the redâ€"andâ€"green packâ€" age, At all grocers. Made by Kelâ€" logg in London, Ontario. "Am 70 years of age, and for 40 of these years there never was a week but what I had to take a pill or some kind of cathartic. "I took everything, but gained only temporary relief. Until last spring my daughter, who is a nurse in a hospital, brought me some Kellogo‘s Mr. Durigan Finds Relief in Kellogg‘s ALLâ€"BRAN NOW GAN EAT ANY KIND OF FOCD, AND NO CONSTIPATION The "bulk" in Autâ€"BRAX is much 11 > shields lest credi good spC t of the inf l w The Publi infl s in the r«iige country and 1i upon the farms in the Nm. Hastings, president of iming Farmers‘ Association, ; week that one of the farâ€" ly killed a female wolf carryâ€" of three, and he was wonâ€" e farmer who laid the preâ€" r low was going to be able j‘ounty on all four of the en placed on the.calendar. is one looked forward to by ithletes of the district. The ‘s creates great competition gion in donating two comâ€" elds for this event deserve ‘redit for its action in sponâ€" . sports among the juvenile By One Interested in theit Welfare i k 1o0rd han on all four of the farmers‘ wives who )ld the Roving Reâ€" olves have become * that the animals, metimes break into Another vendor beâ€" rolves are coyotesâ€" the timber variety. es have come east small game, and ‘er an invasion of W. A. Devine game, and nvasion of noticed in es has alâ€" und of th derived b nutual un port the who North Bay Nugget:â€"The attorneyâ€" general says that the sale of milk on Sunday comes under the head of a necessity anpd can hardly be stopped, so that settles one point of the local argument on Sunday selling. instructing the to remove the year. Otherw| would be adve a pelitl resident removal pulpwo0 "pinch," ar hand to ca One of th. machine gi papermen! them. "HC made a geta Yet half the borhood wer armed." Gu nuge plies Swastika, influence of liquor. The verdict clears the big fellow of blame in the death of police officer whose car collided with the grappler‘s machine near Lawrence last July. Sonnenberg fully expected to be absolved of blame in the mishap. When he was in Kirkland Lake last year, recovering from illness at the Red Cross hospital, he told the Roving Reporter that it wasn‘t his fault, and he intimated that there was something else ibehind the prosecution besides an ordinary attempt on the part of the authorities to fix the blame. Gus liked to joke about the time they arrested him. He was in his bed, recovering from injuries sustained in the accident, when a cordon of police surrounded the vVIC sSWASTIKA RESIDENTS ASK FOR REMOVAL OF PULPWOOD lication of statistics of mineral producâ€" tion, formerly a function of the Deâ€" partment of Mines was, in 1921, transâ€" ferred to the Dominion Bureau of Staâ€" tistics, Ottawa. "For the convenience of those interâ€" ested, the mines branch has published a booklet, "The Mining Laws of Canâ€" ada‘"â€"a digest of Dominion and Proâ€" vincial laws pertaining to mining. Both the general pamphlet and the special booklet may be obtained on apâ€" plication to the Department of Mines, Ottawa.‘" The "Kovin?g thern News |] Lawrence, Ma jury has acql heavyweight v driving an aut influence of li main sections, the Geological Survey and the Mines Branch. It is primarily a research department, the scope of its activities being restricted to investiâ€" gations of a scientific or technological character, but covering all phases of mineral development from the geologiâ€" cal exploration, surveying, and mapping of mingralâ€"begaring regions to the marâ€" keting and utilization of the finished mineral products. Its sole administraâ€" tive function is that carried on by the explosives division. "The Dominion Department of Mines is not directly concerned with the leasâ€" ing or administration of mineral lands or rights, wherever situate, not do its functions include the supervision of mining operations. These and related matters are dealt with in the estabâ€" lished provinces by the provincial authâ€" orities,. The administration of public lands owned by the Crown in the right of the Dominion, whether situate in the Yukon, the Northwest Territories, or elsewhere, including the supervision of mining operations within these jurisâ€" dictions and other related matters, is carried on by the Department of the Interior at Ottawa. The leasing of mining rights on lands situate within Indian reserves is governed by regulaâ€" tions administered by the Department of Indian Affairs, Ottawa. There is a feeling in mining circles that all the Federal activities in regard to mining should be got together under one roof instead of being spread over three deâ€" partments. The compilation and pubâ€" lication of statistics of mineral producâ€" tion, formerly a function of the Deâ€" partment of Mines was, in 1921, transâ€" "In view of t] in mining, °es the Departmen issued a pamp important sery the mining in Services Given Mining by Ottawa Department icted of the traf iven a three mon ine of $300. It w his that cleared | he police officer‘s â€" UNTTED STATES vVIsTTOR® YICTIM® OF BANXNK HOLIDA ;US SONNENBURG FREED OF BLAME TN ACCIDENT 1¢ he Subset 1 WaAs Al has acquitted Gu: weight wrestler, 0o Rovin Ma hip utomobile while under the liquor. The verdict clears xÂ¥ of blame in the death ol COur receliy 1€ 10U 6+ julpwood lyin ard at last porter‘ of [he Norâ€" week says:â€""From comes word that a d Gus Sonnenburg, ler, of a charge of 11M rend house > provincial authâ€" tration of public rown in the right situate in c} is appeal f from blame 100 ib 15 |~ TPrains Nos. 17 and 18 use Canagadian the scope of its) praceific Railway Station at North Bay. ted to investiâ€"| _ Trains Nos. 46 and 47â€"Through serâ€" or technological | yjice daily between Toronto and Cochâ€" ; all phases Of | rane, carrying through Sleepers beâ€" om the geologiâ€" ; tween Toronto and Timmins, Toronto g, and mapping | and Rouyn, and between Montreal and ons to the marâ€"/ Cochrane. Parlor Cafe Car service of the finished | cperating between North Bay and ole administraâ€" | Swastika. These trains use Canadian rried on byv the National Railways station at North RBay meet [rom. Ing. _ Oon. couldn‘t hay had n the neigh e, all heavil in of The N Old mil Ottawa e and w and m on the ras. ‘Plhie _ death of ided with Lawrence expected 1LDOU nhe TL as TEMISKAMING AND â€" NORTHERN ONTARIO RAILWAY TRAIN SERVTICE -11«.00000000oooooooooooooooooo 4 4, 0 4, 00. 44 ,0 0, h 004000 00 0T e ato ote t National Railways station at North Bay, | Connection at Earlton Jct. for Elk :‘ Lake, daily except Sunday. | Daily except Sunday service between | Englehart and Charlton. Connections at Swastika, daily with | Nipissing Central Railway, for Kirkâ€"| iin No. 17â€"â€"North Ba lavy, Wednesday '~' 18 TELEPHONE 509 TA ind Saturda 11 Sustains ~Strengthens Genetr North pa ZLTrAIn M PC il Freight Bay, Ont 1€ 6.00 p.m. 104