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I . as --" l RN- " . - ' ' . EH .. = . "r . MreSEa . . "w.r= " - . - - .. - a . Si ’ . 1 E 'tiBMtl- _ - . Nu Mrlitri AE Rtt5. ,. , SIN MIIN, Ram - - I - f av "tl ' - Fi w” . " tEg G ‘ - - llllh iWt m drd 'iih q Bt .4 alt" , © . 15 - 5r51 qg Il . ' " Mtl - " - MB Mif 1hA5, © . Mat' N as; ra _ . - - Rf IrliLd, it , " 18 "4- " _ u p, i " . 'El fir Efll iM8 K i - rr m " a ' d r igtg IR , " Mr, IRI M, " M Bl TI pr, Rg "I p. "ltth - - w _ "SI V H . _ I - $i an? " 5 MIM . " l, ", _ er???" ig, BM "W Fu' I B. 5v. r' k - . " " ' ti 7 ‘ " " - - " ‘5 _ trat , “it: - , J r - it F . a _ . " " , ' 'itir an; - " ' ~ ‘ , - (a , , - - " g tRarrt MB - 3.73) ~ rr . " , f - _ . - q _ 9,.“ _ gfihfififitfififlififihfiflifihfihfihfib‘ififlififififihfifififififlififififihfifli5535555155 1fiNfiSihRfi!lNfiyii':fihiigigigigigigigii, Toronto. As there were a large num. ber of business men present the add- ress should prove of more than pass- ing value., , In opening Mr. Home Smith said that if he were asked why he was in, terested in the mining industry, he would reply, "Beeause I must be in- tereeted." He described industrial life in Toronto at the present time as at a low ebb. By reason of last year's partial failure of the crops and the reduced price prevailing for their pro duet, farmers were unable to. buy. Through increased public debt for in.. terest charges, taxation had stopped ordinary expansion and Toronto bmi. Mr. R. Home Smith recently de.. livered a very interesting and helpful address to the Toronto Branch of the Canadian Institute of Mining and Me- tallurgy, held at the Engineers' Club, Mr. -R. Home Smith Appeals to To.. ronto to Co-operate in Advance Of The North. Moore Block If you have a house or lot to sell bring your listing to us. l We have buyers waiting .0.0....o....t--ooot-t--to- .o"'o006o0t0oooo.to.oo.totooooottoooooootooo.ottoooo.t.oto. Only eight lots for sale. ..00H.H.0......-tttt-tHtt-rtttt-tto m mm. ..0H....tt-ott-to-too-tt.too $100 to $175. mute 01063063; Titmramr warm. ' to see “uncut: yum: 11: many as well as silks and satin. Prices i while the range is at its best. .- from .. . . . . . . . . . . . . . .. 65d. to $3.00 Prices frogs $3.50 to $12.00. Ill-dll. A. F"llqoCy""lr"'olllfR We offer the best low-price close-in lots in Timmins This is your opportunity to get away from paying rent and to own your own home PP"late the great promise of the new North and were asking mining men and men of) the North generally, for advice as to how best they can eo. operate and assist in the work of opening up this new country. Many industries would thus find scope for expansion, but the mining industry must blaze the trail. Capital for mining was very liquid and flowed quickly wherever an op- portunity presented itself, irrespee- tive of international boundary or other ordinary barriers. A given sum could be raised for mining develop- ment, in three months, where it would ordinarily take three years, to raise a like sum for other familiar forms of oommeroial enterprise. Toronto had been criticized because it was not it.. self providing capital for develop-, the real busim were unwilling to for something to ness must either be prepared to settle down to conditions of grinding poverty and inactivity or find and open up new markets. A new outlet for en- ergy and business activity must be found and in the apeaker'a opinion, Northern Ontario would supply this requirement. something to happen. They ap- iate the great promise of the new h and were asking mining men men " the North generally, for -'e as to how best they can co. SUPPLEMENT TO THE PORCUPINE ADVANCE, WEDNESDAY, APRIL 12th., 1922 busine Prices frogs $3.50 to $12.00. men in Toronto down and wait ment. However, the speaker remark- ed that even though such an accusa- tion were true it could still do much toward creating in her people a dif- ferent attitude toward the mining in, dustry in general. . Toronto business houses were too prone to satisfy their energy by the sale of bonds. This in itself was good but did not provide properly for ex- pansion. Some houses had specialized in South American enterprises and 'while the returns on capital invested, might be considered highly satisfac- tory, it was apparent that these en- terprises did not provide business for; the Canadian producer. l Canadian producers had a very much greater interest in the amount of goods supplied the mining indus- try, than they had in the profits made or dividends paid by the mines. The speaker regretted the fact that through plain ignorance many capital- ists were inclined to sneer at the min. ing man, and to look upon the indus try as unstable and even dangerous. After reference to a recent bank fai- lure, he pointed out there must al- ways be hazard in every business and he was strongly of the opinion, hav. ing regard to the way it was distri- Phone 199 Always at Your Service. real estate. - Men who purchase any kind of stock, expecting to sell in a rising market without reference to the in- trinsie value of the stock, are not builders, but are gamblers and in the end must lose. Paternal legislation had had a fair trial, and had failed to protect the ignorant from their own folly. With.. in the criminal code. could be found the proper remedy to apply to all those who misrepresent or fail to dis- eharge their full responsibility. He described Northern Ontario as being no longer an experiment and believed that to see and know it, was Tbuted, that mining losses brought few.. er hardships than the losses in almost every other industry. He believed that Toronto business men were in favor of the elimination of the discovery clause as proposed through new legislation, but were a unit in their opposition to proposed Blue Sky legislation. Investors must learn through experience; they must satisfy themselves as to the ability and honesty of those behind a new venture of any kind and Blue Sky le- gislation has no greater application to mining than it has to the. selling of Very Easy Terms Reserve yours now to believe in its future. Accordingly the Toronto Board of Trade were plan ning an excursion into the North this summer and he looked forward to a time in the near future when a busi- ness man would be ashamed to admit he had not at. least visited this land of promise and business. The speaker acknowledged that he had made money out of this new country and attributed his success to his knowledge of the country and the men in charge of its development. He said that Toronto had made money let of the success of the Northern Illining Camps and he was quite con. _fHtrrtt that he would yet sell real es- 'tate to men who would make money out of ore deposits not yet located. R. w. 'Bro. R. LeHeup, D.DO.M., will pay his oflieial visit to Cochrans Masonic Lodge on Friday evening of this week. In conclusion he reiterated and im.. pressed upon the meeting the desire of Toronto business men to get better acquainted with North Country pro- blems, so that they could energetically eo-operate with North Country people in building up and expanding a new and greater Ontario. de Neckwear in all the lat- .'ey and Peter Pan efieetg. organdie, Point Lace, and nming material, Collar and Separate. We also have a :e of lace and-materials .150 'ish collars. Prices mddertte. Neckwe'a'r $55.00 ' Come and see them in all l. Sizes for Women and i's latest moods, suitable charm and loveliness in td effects, panels, strap- asted styles are both popux , embroidery, cording and sible taste and effect. Col-. Iavy Blue, Henna, Brown, ilk Frocks -...q...... $49.00 7. The novelty throw col- .ssels. 'Body and sleeves silk. lColors, Loam, Sand, some others. The values , ever been able to show il not he expensive to be (this group of Women"s tt, tailored and finished. ime back are crossed with y Wool Velours and" Iivias A " . Spring ts br Easter so avoid so buying Ions mommm 70153} rd FY; 'E5ig'tl 'ttit