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the oli mant well w clal back tended t even the try. He said custome ticularly adian newsprint rapid growth, dive of personnel and Mr. Beatty beliey perity of the ind proper grouping of â€" dations, adequate p eficiency in operati "The assurancse :: and coâ€"operative 6 secured by groupin panies into two or and with a very per stake in the results whole," Mr. Beatty Belief that periodical increases in the price of newsprint would not lead the industry out of its present difficulties was expressed by E. W. Beatty, K.C., Chancellor of McGill University and president of the Canadian Pacific Railâ€" way, before the annual convention of the Canadian Pulp and FPaper Associaâ€" ticn at Montreal on Thursday. Would Cure IIIs of the Pulp Industry Needs Consolidations, Adeâ€" quate Prices and Efficienâ€" cy, Says E. W. Beatty to Pulp and Paper Associaâ€" tion. Kan goOYÂ¥â€"WHAT A DIFFERENCE branch in a n Dnreven equate pric ranc?2 sang, progressive rative effort can only be groupings of various comâ€" two or three ecnsolidations very personal and common results of the industry as a BANK OF MONTREAL FIRST REAL CANADIAN MONEY AC >r gcodwill was parâ€" t in the case of Canâ€" corporations. The ergence in character differenc>»s in finanâ€" nd stability had all a ccmmon view of oblems in th»> indusâ€" ed the future prosâ€" ustry dependsd on the mills in consoliâ€" 9L elates that Canada, in 1817, "was too poor to luxiiry of a metallic circulating medium, and the ent of trade and agriculture was hampered by f facilities for exchange." noney, also British and French and some tuguese, wes usedâ€"all subject to fuct hange and causing monetary confusion. adian money, either coin or paper. nom Mussolini seem who gets alon: increas>s in the ild not lead the esent difficulties threatenin Vimmins Branch: D. R. B. WHITE, Manager ESTABLISHED 1817 HEAD OFFICE «. MONTREAI MQDERN, EFFICIENT BANKING SERVICE.... : 1@akin: w lic reaction pecple were ing ciffering We coscsrve A decoant typ financirg was early 1934 th: so. ~hMighn that |\ Money Being Driven from | Canadian Mining Issue , has all but come to a dead stop. ever faults existed in the past, ing industry cannot go forward that stream of new money fro: tors on which the development mines relies." Thus doss the fingncial page Mail and Empirs sp2ak of a : which is giving considerable co people who know that the mil dustry will go back unless ; stréam of new mines can be f3 firanced to take the place C mines as these slow down. The Mail and Eimpire indica initiative in the develcoument mising new propertiss has b:e: in the extermination Of stsc rackets; in cther words, the go suffered along with the bad. I of reputable promticnal houses had "the daylights frightencd thsm." From The Miner e Offering Oof new mining 1t tensive proport dependable. an« cally expanding tes illon aac nil he meC 1V hat d ma : pub L h iry The Advance Want Advertisements ho n the Act n nme e Bar ANIZE, CharTER OF N.A.O. IN TIMMINS AREA s Canadian b held 11 OrganIizIing Aa chapter of 9 of the R.N.A.Q.. The be addressod by Miss nan of the district, . Ail ted are invited to attend n Monday evening. AIT the way we wculd ICOk f mineâ€"making and genâ€" 1i and development, for Eive that any Canadian 1 stand in the way of Montrea 11 Feb. 4th, there will be n the lecture room c nave Jn Â¥ L4 C flow of â€" American tablished â€" Canadian money provided for es3 in countless diâ€" licn Ta:t threw a ream. This, as we tim:, has proved an it has not only pe but temporarily) low grade or2 but it uting cause to the mine that the fedsral coznizes ‘the evils of it will not be reâ€" ary date, May 31st. way we would Ilcok n aSst yeAr. â€" I( nly industry money adauou cks. a: 1€ appiicatior xchanged for ‘anadian gold the sellers and ch represented in ‘their own prises of variâ€" money went shares of the vernments w the sale of s af dealing wi _ They would be had been that the f shares of T proposition f Dome, Mc : stocks, sol W C chapter ied that a t be altered of Canada. ous quantiâ€" , and a year h into this millison dolâ€" ing of Can The Ameri upon Can They â€" ha It the this tax by it off. as if is another ying up of of ths« auite Stakmg a Mine and _ Financing the Same . DT THE PORCUPINE ADVANCE, TIMMINS, ONTAR , sold e of Gold y to kin no old putting "The res a deal in piuilL i1 OVvEer 14 pOrtages. L s12ed 1t up ard I said, ‘Boys, how much monsy d you want to make you happy for life?‘ They said, ‘Jack, give us $100,000 apiece and RSckefellsr can havs the rest.‘ I sauid, ‘L will get it for you.‘ â€" They thcught I was crazy. Then I recoraed the claim and started to shoce a few wires around. "When I got down her> I went right thrcugh to New Â¥York and thore were several big cutfits gunning for it. I tried to spear around and get a line n thém all and I finally picksd ut cneâ€"The Haydon Stone Company. "Then I had to do a little fourâ€"flushâ€" ing for oncs in my life. There are a 1c ¢f things in the mining game. I was â€" at the Vanberbflt Hotol. Yeu know, cn Wall Street, if they think you are br¢ke, they take the hide ¢ff you. So, sscme of my friends said to m, ‘Why don‘t you take Reggic Vanderbilt‘s suite? Knock them dsad. It won‘tcost you anything.‘ Well, I teck the suite, and when these gentloâ€" men came up to ses me, they wont to thse clerk of the hotel and they said, ‘Doss Mr. Hammel‘ stay here? "Oh, do you mean Mr. Hammell who has his own apartment here? was the reéply, and they were hurriecd to the levator by a uniformed man and taken up to this floor where there were two more sutlers arcund with uniforms on. They started to look around and said, ‘This baby is some prospector.‘ Then I came out, nochanlantly, and at a sigâ€" nal, ons of the waiters wheeled up the Then we aird had â€"I paid for it Then we came some of he liqueurs al1 nakings "They ‘LICKk us. ‘"We got a coat and we‘nt up, two days and two night‘s travel to Current Landing. The first portage Mrs. Hamm@il had mads>. We left at four o‘clock in the morning and arrived at ncen. Ths prospectors were there. I cxpected to paddle across the lake or but we paddled in to an is‘and and built a fire and put the kettle On and then after a couple of hours we paddled some more. Dan Moore said: ‘Jack, do you see that light up there? That‘s is where we are going.. I samid, after w2 had paddled ti> onfo. They said if i suphur deposit ther2s near vay it wOould oe a wondsrful aid, ‘Let me ses some sa "ked thsm ~over and I s oosked as if there might be so: The story cof staking and mine, however, holds a g interest for all and is wor special â€"notice. "Grab The Northern Miner take ture in very able way and n recent issue paid sp2cial notice t Mr. Hammell‘s address because i emphasized the fact that Canaia mus enccurage and assist the mining in dustry and the Gevelopment of th NortEk> t reccvery is to be speedec Frcm cne standpoint this was th most important feature of Mr. Ham mell‘s address, and it certainly is vital point from the national stand point no less than from the view of th in mining areas such as th Porcupine and other districts of th South. The story ef staking and financing â€" prcperties that may address at the Em recently. John E. intéresting way the ing, the financing at of the Flin Flon m When John Hammell h: Suite at the Vande Hotel. Sidelights on F pecting and Financing Prcspectors a1 now scmething rospecoting, and ulties of financ rcperties that r hey thought they we: _us. Everoody asked f cocktail. But they i we went into the d e came into the next room a some of my dollar cigars: af eurs and coffee, and thin ‘nded to talk to them. result was that I put throu involying $3,000,.000, for thr interests which involved ice. "Grab sSamples‘" n Miner take up this f? aborate dinner after they go five years of your t the mongy. If you will staking, I will pay you in on piece of whatâ€" They . said: ‘We wil : â€" 103 gold but no They said if $3,000,000, for threeâ€" | whis which involved the there 1. machinery. and the would Cing, promising may be siaked Empire Club, cut in on the trip. and we‘nt up, two nIing game. 1 was Vanberbflt Hotel. II Street, if thsy they take the hide of my friends said you take Reggic re CIuD, Toront: Hammell gave i story of the stak d the developmen ne. The Advan: i special notice t mmell had a â€" Vanderbilt hnem. I put through ind financin _ great desl ha ‘ was danger Gillies Lake nsath them. trict noticed ay I found id. ‘I~ â€"said, will secot up Ok: so ho>t. othing you [ they had r the railâ€" l thing. I amples.‘ I saicd â€" they throug"n. com and min and had PORXâ€" NT missICI Ncrthe not want to cver this qu "tations can / of the Domir various parts are overlappi cuse in the : Cthing. How long a: stand for that kind of that remains to be se "The North â€"needs th hem >wneC @ted :: North Wants the Radio Service it is Paying for chake h with the me. â€" Ju: 3} 111 lhcm fisd. t "*IL in.s â€" YÂ¥ou leave that to. me. will get it in.‘" I cut across to Chicago and up to The Pas, rounded up the storekeepers and said: ‘Wse are going to buy everything from you shopkeepers here and don‘t you push it above ten: per cont cn cost price.. By the time the engineers got in, I had enough stuff f0r 118 men for eight mconths shipped in. It astonished the engineers to see ten tons of bacon and tsn tons of hams and all that. They didn‘t have tco much before they got through. "I purchased another plant from the Princs Alzeort Company at Beaver Lake. Thers> were some fine old fellows on that board who thought thsy had me cn the hip. I offered $10,000 for the plant and they wanted $15,000. They kept waiting arcund for abcut ten days and the breakup was on. One of them said: ‘You haven‘t much chance to get the plant in. I will take $10,000.‘. In delivering the receipt I said: ‘I want to tell you scmething, you old stiffs, that plant has bsen in the proâ€" percy and steamed up for two weeks.‘ The old fellow was very hostile and he w2s going ts have the law cn me. One adio trong ind T‘ha auns aidâ€" an‘t V ve bhad to he Indians else 0: WD‘s1I ErVIcE we ne hund and had ; maps if â€"rXmaAarKS ecause ther e cSu‘di ncot AYAlT anted spzcial miskaming and CC > likewise. We pa ar for a radio licens > Domirion Radio C( that two dcllars‘ 1€ pening quipme "‘They ward rds 0 t whid Aat U vo his dey and | d1 it i) Man North C 2r On;, wS‘ I Th tion and id I said ing to have the law old merchants said all right," so finally the next day, happo! i and $50.(X 1: k 3210 â€" ~XOUâ€" S\ inds and don‘t b se peon‘s. Lsave adca t make a gco w you ind otheé NC vhat the id a hna: uU Ccan ish. > . theéir ork and hir ts C pin l w ‘il you plant has bzsen i steamed up for t! llow was very hos ndt the b‘wing of factory id be abolished. But if no factory whisitles how irougzh the szparate school formed ths North Line ind we put this man up aid: *You get arourd and and don‘t be sc high hat eon‘:s. Lsave the thing to ike a gcod fighting speech hem you have the stuff. Re u will n w5 had end 12¢m you the sSulI. they like up here.‘ hard tim: in this wayâ€" ght the O.B.U. We got he halforeeds and everyâ€" ill kinds of religions and 2ction and made the man it. We had thiriyâ€"four ‘â€"~the but one, I que in LV n f the have on. If high powired run under the auspices i Radio Commission in the country where they â€"~then, there is no exâ€" L .a@a pleasure to The can agree in full with the Ncrthland Post, ave been times when so. ~However, in Ths s ts Northern radio eghind it jJust exactly * cent, and we believe of residents of a Cochrane Districts ‘e pay two dollars a liconse and what does dio Commission give us ollars? Just exactly ng we supoosed to nd of injustice? Well, be seen. needs and demands a ig station sufficiently _ give service to the juntry. Ths average in the North does iumougged any longer 11 so finally they wen day, happy and satis wait for everything uj u have to keep hittin! Lay off, Fathe: e an American.‘ ike ik ut im at ucense Trom s and thin leave mercies of private ferior power, operâ€" who have bzen leges in that conâ€" was recently put ering of alleged Northern Ontario an attendance of ‘e toldâ€"asking for :0,C00 or $30,000 to om North Bay to 1 and ousand out, w rads. gEt your ral vernment was lic 1t W the ha and went down to L. B. Thompâ€" him now he is on and in c â€"I> "~put r get anywhers. fight an elecâ€" said: . Soâ€"andâ€"So in vourâ€" raillway. 1 K neers s and al ir own «da IT (iker la going threw ha dollars and lich was all 1€ ; the first that he untry and + get stuff proâ€" 0 weeks.‘ le and he me... One ‘This felâ€" Al > â€"to conâ€" t confirm word for diamond 11 Surely ttempt One e df S In school 3M â€" from s1 wesek M sp had theh â€"and put up ns up 1 n CopalIt thr"ughcut is re qdence; "Oh, dear," exclaimed the girl student there. who is planning to go to college next The late Mr. Mills was born in Lonâ€" | fall, "I just can‘t adjust my curriculum dsn, England, where he joined the army | to save my life." at an early age, serving in different "It doesn‘t show any," sn‘ckered the parts cf the Empire for soms 12 years.| boy friend. Among the campaigns he took part in â€"Exchange. (From The Hailépburian) An cldâ€"timer of Cobalt camp passed away at the Municipal Hospital there on Tuesday night in the person of Charles Mills, who had seen the famâ€" ous silver camp grow from a section of wilderness to its height and then witâ€" nessed its gradual decline. He came to the North as a cock for the survey parâ€" ty which ran the try lines for the T. O. Railway, later settling in the town that was to be when the silver finds were made. Mr. Mills was about town that was to be finds were made. Mr. M 80 years old and was a f in Cobalt thr"ughcut his there. Death of Oldâ€"Timer of the Silver Camp at 80 Years NORTH AMERICAN JA KX INUCAELEASLL Of 1567 In new business during 1934, together with the other (illtstall(ling accomplishments of the year, constitute an endorsement by the Canadian public of this outstanding mutual life assurance company. 6 With a conservative valuation of assets, a large free surplus, and a substantial earning power as indicated by the year‘s results, policyholders can rely upon absolute security and the maintenance of a liberal dividend scale â€"ALL PROFITS GO TCO POLICYHOLDERS. Investigate the definite advantage of A ing Mutually in North American Life, John M. Godfrey, Commissione A REFLECTION OF PUBLIC CONFIDENCE INCREAS k S ! All communications will be considered as confider All persons who feel they have been defrauded are the victims of dishonest practices in any inve ments which they have made are invited to commt cate with the Crown Attorney in their county, HE PRIME MINISTER has announced that t} Government‘s policy is to do its utmost throug the Ontario Securities‘ Commission to curb t! activities of financial racketeers and all persof engaged in improper financial practices, In furthe ance of this policy the Attorney General has suggestt that the Crown Attorneys in the various Counti throughout the Province coâ€"operate with the Con mission in an effort to discover frauds which been perpetrated upon investors. Mr. 8. A. Caldbick at his office Bank of Commerce Building, Timmins Telephone 330 li1s Wa@s iamiliar figure aong residencd to Investors INCREASE of 17 F. N. Whaley OonNnTaARio was the Zula war in 1879 whe wounded by an assegar wiel native. He came to Canada : end of the last century, travel a large part of the country bs ally settling down in Cobalt survived by his widow and a ; family by a formser marriage, has a sister living in British C The funeral had not been arrtanged yesterday, but it was that it wceuld be he!ld tomorr the service in £%. James Church of which Mr. Mills member. $ â€"__ * 4 . ’977;980 Representative Parliamer Didn‘t Show . Nicolson a* J and also British Columbia. t beeon definitely it it was expect=>d 1 tomorrow with James‘ inglican Mr. Mills. Wws a where he was wielded by a da about the ravelling over ‘v Bbefore finâ€" nt wn Up Ht¢ 18