Timmins Newspaper Index

Porcupine Advance, 2 Jun 1941, 1, p. 6

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: LImiTED : g 444644 4444484414 4 44 val last weck and though the event was confined to the public schools it was a big success in every way. There were 119 solo numbers «svocal and inâ€" COCHRANE‘s FIRST MUSIC FES®STIVAL BIG SUCCES® Cochrane held its first music festiâ€" The George Taylor Hardware Buy Victory Bonds Buy Victory Bonds TIMMINS DAIRY for Victory Now, Security Later YOU, T00 HAVE A JOB! SAVE and LEND Tools to finish the job! Planes, Guns, Shells, Ships, Trucks Tanks, Food, Steel, Lumber Equipment. BUVY VICTORY BONDS INVEST IN FREEDOM The Eimpire braces itself for supreme conflict, Toâ€"day you! country asks you to coâ€"operate to the limit. You are not asked to giveâ€"but to lend to the point of sacrifice. Canada needs the use of your savings. Canada needs your money to make this struggle a march of victory. Canada will renav vou with interest, Your fighting dollars are needed for these tools of vietory| Mounting streams of material, munitions, supplies, equipâ€" ment, are pouring from Canada‘s mines, mills and factories. Thousands of airmen, soldiers, fighting seamen . . . radio experts, army technicians, craftsmen, are training for service. To keep these wheels in motion, to speed them up, your dolâ€" lars are needed. \ Dig down deep! Put your dollars to work to beat Hitler, live them the tools! Your Money is Needed NOW ! Limited strumental) as well as a large group of chorus numbers. Mrs. G. L. Bendâ€" er, supervisor of music at Timmins public schools, and Mr. Queen, superâ€" visor of music at Schumacher public schools, were the adjudicators. Their markings showed that Cochrane has a large amount of musical talent. Mr. Bryden declared that saving the basic idea back of Canada‘s financiai policy. Although national income would be increasing, the standard of living by and large would have to Lbe Mr. Nixon described sacrifice as "an essential condition to the maximum war effort, and to a minimum of disâ€" turbance upon the return of a peaceâ€" time environment." Mr. Bryden said the day was close when an old model car would de "a badge of distinction,‘ an old house "a mark of gentflity," and when walking would be "the thing to do." Any further growth in our war effort must therefore come at the expense of our living standards. "Every person must be made to realize," said Mr. Nixon, "that almost everything he buys requires the use of resources which may be converiible to war use, providâ€" ing civilian consumption is curtailed." If the public does not voluntarily deâ€" crease consumption, paris of our war effort may be seriously affected, the speaker felt. Speakers included S. E. Nixon, chieéf of <‘he Research Division of the Dominâ€" ion War Savings Committee, and J. T. RBryden, assistant reasurer of the North American Life Assurance Company, Toronto. Canadians must sacrifice leisure and be prepared to consume less goods and national resources, said Mr. Nixon. Educating the people to this vital need can be a most valuable function of Life Insurance Advertisers, the speaker pointed out. A general understanding of the need would enable Canada to distribute the burden of war financâ€" ing without resort to inflation, he said. Because of the immese war needs, 20% less goods and services were availâ€" awble for Canadian civilians this year as compared with 1939 or 1940, Mr. Nixon stated, and up to now civilian conâ€" sumption had not decreased. "In fact," he said, "there is convincing evidence to the contrary." The situation may be relieved to some extent by using up stocks of reserves, but this can not continue indefinitely, he pointed out. Toronto, May 31â€"(Special)â€"Appeals to Canadians to be prepared to make still greater warâ€"time sacrifices, and the prediction that personal budgets must be cut to he point where "it will be smart to be shabby," were voiced at the opening sessions of the second annual meeting of the Life Insurance Adveriisers Section of Canadian Life Insurance Officers Association, in the Roval York Hotel at Toronto this week. Member of War Savings Committee Addresses Inâ€" surance Men Canadians Must be ® Prepared for More Warâ€"Time Sacrifices‘ "To assist in implementing a finanâ€" cial policy which has avowed intention of relative stability and avoidence of inflation, should be a primary duty," declared â€" Mr. Bryden. "As yet, this savings ideaâ€"the necessity for curtailâ€" ed consumptionâ€"has not been adeâ€" quately brought to the attention of the people of Canada. Many still feel that "George can do it." Many still do not see any personal significance to the requirements. The major probkm is to curtail consumption and to do this, a larger part of increased incomes must be taken out of the income stréam and sterilized so that it is not availâ€" able for ccurrent consumption. That is the principal function of War Savâ€" ings Certificates, War Loans and lfe insurance." Stating that the government cou*:d be assured of the utmost coâ€"operation by life insurance companies in all phases of the war effort, Mr. Bryden directed attention to the fact that Canadian life companies have invested in excess of $450,000,000 in Dominion and Provincial bonds. Althougsh he was quite rich, the young man was very nervous when he approached the father of the girl he wanted to marry. "Erâ€" I suppose you are aWare, Ssir, he began. nervously, "that I have been making advances to your daughter?" "Yes, my boy," beamed her father, "And now how about an advance to her father?"â€"Sudbury Star. reduced voluntarily or if no: voluntarily, then compulsorily, either through the introductian of a compuiâ€" sory savings scheme, or a system of rationing or through infiation. Any instrument which would "freeze" a portion of the increased incomes, proâ€" ceeded the speaker, would be assisting in the implementing of governmen: policy. Life insurance, he pointed out, could help to do this very thing. CONYVERSION SUBSCRIPTIONS Holders of Dominion of Canada 5% National Service Loan Bonds due 15th November 1941 , may, for the period during which the subscription lists are open, tender their bonds with final coupon attached, in lieu o| cash, on subscriptions for a like or greater pat value of bonds of oné or both maturities of this loan. The surrender value of the National Service Loan 5% Bonds: will be 102.15% of their par value, inclusive of accived interest; the resulting adjustment to be paid in cash. + THE MINISTER OF FINANCE RESERVES THE RIGHT TO ACCEPT OR TO ALLOTâ€"THE WHOLE OR ANY PART OF ThE AmMmOUNT OF THIS 1OAN SUBSCRIBED FQOR CASH . FOR EITHER OR BOTH MATURITIES IF TOTAL i SUBSCRIPTIONS ARE IN EXCESS OF $600,000,000. THE PROCEEDS OF THIS LOAN WILL BE USED BY THE GOVERNMENT TO FINANCE EXPENDITURES FOR WAR PURPOSES. SUBSCRIPTIONS MAY BE MADE THROUGH ANY OFFICIAL REPRESENTATIVE, ANY VICTORY LOAN COMMITTEE OR MEMBER THEREOF, ANY BRANCH IN CANADA OF ANY CHARTERED BANK, OR ANY AUTHORIZED SAVINGS BANK, TRUST OR LOAN COMPANY, FROM WHOM MAY BE OBTAINED ‘_APPLICATION FORMS AND COPIES OF THE OFFICIAL PROSPECTUS CONTAINING COMPLETE DETAILS OF THE LOAN. THE USTS WILL OPEN ON 2ND JUNE 1941, AND Wt CLOSE NOT LATER THAN 21ST JUNE 1941, WITH OR WITHOUT NOTICE, AT THE DISCRETION OF THE MINISTER OF FINANCE. .Doponmeni of F inance, <â€" Ofttawa, 31st May 1941; 3¢, BONDS, DUE 15th JUNE 1951 PAYABLE AT MATURITY AT 101% Callable at 101% in or after 1950 Interest payable 15th June and December Denominations, e s t tR S e d s ie td l ds l l ds 2+ 47. 550 $100, $500, $1,000, $5,000, $25,000 $1,000, $5,000, 1§SUE PRICE: 100%, 1SSUE PRICE: yielding 3.09% to maturity yielding 2.19% to mat Principal and interest will be payable in lawful money of Canada; the principal at any agency of the Bank of Canada and the interest semiâ€"annually, VICTORY LOA N By means of these numbered bands important investigations relative to the migrations and other facts in the life histories of North American birds are being advanced. *The bands are atâ€" tached to the birds by volunteer coâ€" operators, both in the United States and Canada, who serve without pay. Success in the birdâ€"banding work is therefore dependent upon the reports of persons in both countries on such banded birds as come to their attenâ€" tion. Migratory waterfowl have been bandâ€" ed in large numbers at more than 150 stations sceattered over the continent and have been recovered as far south as the northern part of South America. Small song birds have been banded in still greater numbers, and many interâ€" esting facts concernings their moveâ€" ments are being discovered. Very truly yours, F. 0. LINCOLN, United States Department of Interior, Fish and Wildlife Service, Washington, DC. Dear Editor:â€"Receipt is acknowledgâ€" ed of your recent communication. The bird carrying band No. 37â€"224880 was an Evening Grosbeak, banded May 10, 19347, at Sault Sie. Marie, Mich., by M. J. Magee. Bird No. 39â€"263618 was an Evening Grosbeak, banded May 25, 1940 at Sault Ste. Marie, Mich., by M. J. Magee. (From Eganville Leader) A few months ago a couple of birds were shot in Grattan by a youth, Auâ€" gust Miller HMHe was surprised to find both banded. bands were forâ€" warded by The Leader to a governâ€" ment institution at Washington, DC., and after a lapse of several weeks we received the following interesting inâ€" formation : Birds Banded in Michigan Migrate to Grattan, Ont. Dated and bearing interest from 15th June 1941, and offered in two maturities, the choice of which is optional with the subscriber, as follows: without charge, at any branch in Canada of any Chartered Bank. Bonds may be registered as to principal or as to principal and interest. enâ€"year The Minister of Finance of the Dominion of Canadag offers for public subscription $600,000,000 BUY VICTORY BONDS Beaver Fur Ladies Wear Buy Victory Bonds L. HALPERIN Your dollars come back to you with interest in defence of your home . . . your lives . .. your loved ones. 7 Pine Street North Invest In Victory‘ 25â€"25!/4 Third Avenue Every dollar you lend BRINGS NEARER the day of VICTORY! 2¢, BONDS, DUE 15th DECEMBER 1946 PAYABLE AT MATURITY AT 100% Nonâ€"callable to maturity Interest payable 1 5th June and December Denominations, $1,000, $5,000, $25,000 PRICE: 99%, yielding 2.19% to maturity Help Finish the Job! Visit Our Big Remodelling Sale Five and oneâ€"half year JEWELLER â€" OPTOMETRIST Phone 212 Timmins

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