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THURSDAY, JUNE 16TH, 1938 THE CANADIAN ST:\TESMAN, flOWN!ANVILLE, ONTARIO psnn' T1401zlc Miners Seek Pot of GoId 5000 Feet Below Surface 0f Earth At Hollinger Mine Weekly Newspapermen Learn How Prec- ious Metal is Mined in Northern Ontario - Are Royally Entertained at Timmins. (By B. H. Mortlock) not to clasp hands across a bloody (Continued from last week) chasm, but to clasp bands across Many years ago Horace Gree- a chasm of ignorance whicb has ley, the g-reat American journal- for so long madle Northern and ist, coined the phrase "Go West Southern Ontario almost separate Young Man." Had Greeley beenIstates. 1vin.g in Ontario today, lie prob- On the North]and ably would have changed his ad- vce and have said "Go North We travelled over C.N.R. and T. Young Man." However, withoyut& N.O. lines on the crack north- the sage advice of Mr. Greeley1 ern express "The Northland." nearly one hundred weekly news- While we have been to many con- paper editor and their wves f romn ventions we had neyer previouslY Onta.rio and Quebec. journeyed gone away on a press trip, so this north on June 2nd to see some- one was botb novel and entirely t.hing of the great mining camps entertaining. There were f ive at Tiinmins and Kirkland Lake. pullman cars and a diner for the It was a goodwill trnp - a trip part.y. Mr. and Mrs. James were wbere a group 0f editors from located in car No. 1, and we were the more settled areas went to in Car No. 5, a stag car. Our learn of the problems and the cr&wd in No. 5 were a jovial Potentialities of this great hin- bunch of fello'ws. They liked late terland of our province. Strange- hours and consequently when lY enough Horace Greeley again those of us who must have our cOmes into the p.cture. When on beauty sleep rolled into Our berths MaY 20, 1872, Greeley was given we were premrtly rolled out the Republican nomination he again. However, we finally did used these words, "I accept in get to bed, but had little sleep. the confident trust that the mas- This was not the fault of the .ses of Our countrymen, North and railway officaLs. They certainly South, are eager to clasp hands provided every possible comfort across the bloody chasm which and ccurtesy. A bountiful dinner bas so long divided them." was served in the diner. and We nev.spapermen went nort h. cne's smallest wish was quickly YOUR BANKER CANNOT PERFORM MIRACLES * * There would be more banks than grocery stores ail over Canada if banks could perform the miracle of "creating" the means of payment out of nothing. It is easy ta confuse these two things: (a) The business of commercial banking, and (b) Control of a nation's monetary system. Commercial banking bas to do witb the safe-keeping and lending of money anà credit. Control of a monetary systemn is a Inatter of national, governmental policy. Chartered banks finance production and commerce. Monetary policy in any country is a matter for the national government itself, ither directly, or through a central baak. The Dominion Parliament established Canada's central bank in 1934 - the Bank of Canada. Its purpose was de- >1 clared by Parliament in the very firat paragraph of the Act of Incorporation, as follows: "To regulate credit and currency in the best interests Of the economnic life of the nation, to con trol and protect the external value of the national monetary unit and to miti- gate by its in fluence fluctuations in the general level of production, trade, prices and employmnen t so far as may be possible tithin the scope of monetary action, and generally to promote the economtic and financial welfare of the Dominion." It is for goveraments alone to determine a natiou's monte- tary policy. Diffeing conditions of debt sund trade may make what is wise for one country uuwise for another. Printing "tickets" - as cur- rency bas been called in soute sections - euîirely out of step with production would make everythîing you buy cost vou more. A Canadian woman living in Germany during that coun- try's inflation in 1923 h ad ta psy 65,000,000 marks for an overcoat, sud later 1,000,000,. 000 marks for a postage stamp! The business of commercial banking is sonîething ta be con- sidered by itself, spart from central banking. A commercial bank takes de- pasits. Tîtere are two kiuds of them. For convenieuce, calu themt "savings" aud "current". Say you are a -workman, or a farmer. After you've paid your living costs out of vour wage, or out of the proceeds of vour crap, you have some dollars left o ver. Because you do ùàot want ta speud them at once you deposit them in a saviugs ac- ',oûn t'. That is a savings deposit. As distinguished front this is tlie "current" account. Say you are s merchant. You have ex- penses ta meet day by day and therefore always carry a bal- suce in an account against which vou issue cheques for vour business needs.. That is a current accont. Let us say you have $100 in that account and vouneued $ 1,000 to meet soute bills. You borrow it from the batik. You give the manager your note and he places $ 1,000 ta your credit as a doposit in your current accouint. Immediately vour balance goes up ta 81,100 -$1,000 of it being dorived directly front a loan. It is unlike a savings deposit in this respect: You intond ta s=ed it at once. You imme- dtlý issue cheques against it. You orrowed the moue y for business pur p ses, prepared ta psy ite t lCause tue trans- action was a profitable one ta vou. Soon most of the îhousand has been paid out. For most of the rest of the torm of the boas your doposit is at ils bowest. Then, beifore ybur note is due, you gather monoy ta repay. Up goos your doposit la ils peak again. Then vou repay. Your deposit abruptly draps back ta say vour original $lOO--plus the profit vou have made, by the use ai the borrowed mnonov. No matter whothoer bank do- l)osits are savings or currout. vaur bauk must keep on hand cash rosorves adequate ta uteei any domands from day ta (15v W'hon ils boans are incroased. flot anly is more cash paid out- as Mas the case wiîh your $1,00( loant but your bank's cash re serves also bocomo lower il. proportion ta total deposits. A bauk must flot unduly ex pand ils leuding opora lions, foi Ilion ils cash MilI faîl below the proportion MhiCh'experience haý shown ta be necessary ta inel the day -ta-day demands of (le positors. This vcrv fart scrvet as an autoiiiati(r check against excessive ending. Your batikcannaI knom j ust when vou i"i*" "aIk ,,ii Ai i-i (Iraw vaýur de.poit-ht tinmnst be readv lat ýPav"su, i i flill,.ili cas ýhwlen voido luru i Up. THE CHARTERED BANKS 0OF CANADA Your local branch bank manager will be glad to talk ban king wth 0 u.He will b. glad Io answer your questions front the standpoignt of his own experience. The next article in this series uil appeor in thia newspaper. Watch for il. OE Scenes From Northern Ontario's Mining Centres Just a few o! the scenes wtnessed by Ontario and Quebec Weekly underground. (3) The head of a Northern Ontario gold mine shaf t; Newspaper publiihcrs on their trip through Northern Ontario t'wo (4) The scene as Hon. Paul Leduc, Minister 0f Mines, opened -Tira- weeks ago, are shown in this layout sent us by Mr. E. J. Blandford mins* fine new City Hall wbile weekly editors looked on; (5) Hon. of Montreal. (1) C. George M-Cçullagh, publisher of The Globe and Mr. Leduc -peaking; (6) A view across country from the highest Mail, seated witb, weekly editors in thre Globe and Mail Cafeteria; çoint on the Hollinger property; (7) A group of the editors on tbeir (2) A group just Up f rom the 3800 foot level of the Hollinger Gold way from the mine Vo the Directors' Lodge at Hollinger Mine .where Mine. On the extreme left is Bert Mortlock of The Statesman staff. they were entertained by General Manager John Knox. On bis bat is seen the electrîc lasnp caxrred by ah nùiners when fulfilled by the waiters and Pull- cf 30 -miles per hour to the 3800 would ikely get an awful joît, man porters. f oot level. but that is a lot better than drop- For the service rendered by the One gets a queer sensation as ping, say 3900 feet, the dejitb of railway companies we cannot yau drap. The ears seemi to go this particular shaf t. And by the speak toc, highly, and much o! the rumb and when we mentioned way the Hollinger mine goes credit was due A. C. McNeil, C.N.. hs to one o! thre guides lie told down 5100 feet, another shaf t be- R. Distict Passenger Agent at us ta yawn, and thre queer sensa- ing built from the 3900 foot level North Bay, S. F. Baker, Travell- tion disappeared. At the 3800 foot to the 5100 foot level, entirely ing Passenger Agent, C.N.R. North level we aligbted and found Our- witbin tbe mine. Bay, andi C. 0. Baker, North Bay. selves in a tunnel dug out o! sol-, We Explore a Mine representing the T. & N.O., wbo id rock. A young German was With our guide ahead we start- had charge o! the special section Our guide and hie was a god one., ed our exploration trip through o! the train on wbich the news-, Our group pestereti bim witli a 'the network o! tunnels. The pas- papermen travelled. We couldn't . hundred questions and lie answer- sages along the levels are per- have had better service had ve! ed every one. He had a real sense'haps6O etwd n bu been blcated plutocrats. of hunour, and at one time we 10 6 feet ih rwde and aout Arrive at Timmins questioned bim about Nartbhern is solid rock, and there is littie Ontario weather bis answer a agro aerbcue30 Before we get througb describ- "Oh. we have about nine month anee !r ock usall do ecs nct8cav ing Timmins you might think we' winter up here. andi then there fe frc sal osntcv have cantradicted ourselves. so is three months when sleighing in he miner digs out th-ese pas- we warn you now that Ti'mmins is isn't so good." sages or "drifts' as lie follows thre a city o! contrasts, and wbat may This is beside the question, but, gold vein. The general formation be true in one instance is exactly lit is of interest. He told us5 lie is a grey rock. and here andi there opposite in another.1 had gone back ta bis native Ger-onsesaemo!Qrt.t si Timmins, by thre way, was rnany for a trip last year. When, tonisee sQ ouartz.tht te gds la- reached about 9.15 a.m. andi the asked what Germany was like unt- cated. The nùners work in crews. very first face we saw from the der Hitler be said that remark- Holes are bored into the solid train window as we pulled inta able stnides had been madle, es-i rock and dynamite is inserted. the station was a familiar one, pecially in the building of higb- 1VIren all is ready the dynamite tIrat o! Jack O'Neill, formerly edi- ways andi railways, and that aniýs exploded andi a few more feet tan of Thle Port Hope News, and air o! confidence prevaileti right O! braken rock is ready ta lie now a member of TIre Porcupine across the country. He found it c!eared 01v as ore. Advance staff. Outside the sta- a little difficult ta have ta forego Howeer, before the miner can (ion cars andi busses waited to his freedom. and was happy Vo go back io bis work an expert take the party direct te the Hol- get back ta Canada wbere free- goes into the section and taps the linger Gold Mine nat far away. dam really exists. Incidentally wvalls and ceilings for baose rock. Of course George Lake, editor Ihis chap spoke perfect English, This is ail removed before tbe and publisher a! the Porcupine a lot better we might say than "muckers" go back ta work. The Ativance, had travelled north tbat with wbich tbis stary is gold vein is continually followed tram Toronto wit.b us, but he bad witten.anfothtrsntetuel laidwel th fondatonsforaur Back to the Shaft run in every direct'on. A small entertad.nment days bef are and Let's go back for .iust a mo- railways takes th.- are from the everytbing went off witbout a ment ta the shaf t by which e dgig ateshf hr ti hitoli. reacbed the 3800 foot level. One, taken ta-tIre top and dunrped ini- At the Hollinger Mine and a half inch cable liolds it as ta. a storage buildeng ta await its il goes clown ta the giddy depths. tl'p through the refinery. We will IV is difficuit (o give a true pic- The thought o! that is ap efOtatmttOtl iw gald is ~ur a!tIr iniesit o th Ho- care one not a l'tîle, but every refined until next week when we linger 001<1 Mine. Perhaps when safety measure is 'taken. descnibe our trip tbrougb the w.e tell you that it employs 3000 N Lake.SoeRfnr ,Krin mlen, andt (at (bey work 24 bours Net only is the cable reguîarîv Lake.SoeRfnr~ :Kr!n every day and 6 days a wek. tested by gove-rnmen: experts. YouIl ndeslad js, whte but even if il did break it is not Conditions in the Mine minuel unern d Mmius. iit teeiikely that any wouid lie inju:ed. Perbaps you bave wontiered are mhreans -ouimmis. Thee i.sa-ta lied to the cage by a juist whliat i is 1hike 3800 feet un- he men actualyburk itte mr y ' prnga andi in thîe event dien the earth. First thre air. It hansevn hur. asit s eghto! this cable break.in- thre spring is surprisingly pure, andi we were hours from surfa:e 'o surfa,-e, au:omatcally r zleases t nee m e n-: told that as one gels clown ta the ad underground (bey have a -:)u3 r,ýs wliÉch grip the lower levels fresh air is constant- g --ides of tIre slcaft ant hioldti Ielv pumpeti in. On thre level we hal! baur for lunch, and srme- cage su-pended. O! course you ,explored, however. tIre air from Limes bave ta walk fiftezn or . --- -----" nl t t t t t t 1: c e e h ti li ge, Yi rr il ti ti hg ai hi ti. twentymnules ta get ta their locations. We are not a timid person in thre usual sense o! the word, but we were a little awed -when we were ushereti mbe the mine office and tolti we were going down rame 3800 feet into tIre bbwels o! the earth. That's somewhere in the neighblonrhoati o! three-quar- tors of a mile, andti tat's a long way clown. Mn. James decided be would stay on top a! thre ground', baving been clown in tlie mines before, se, Ie went ta hear a lecture on saqfety. Mrs. James with tIre rest o! us donneti a buge rubber coat. knee rublier boots, a min2r's liai wiîh an electrie lamp attacheti. Thore wa-nt enougiî rublier boots ta go round so we just raIl- td aur pant legs inside aur socks and went clown in 'lie cnly gaod pair' o! shoos we possess. And by theway, elsewliere thene is a pic- ture o! a group o! us taken after we bad como up fram the mineý, and Just what we looketi like may be seen from hs picture. Having thus eQuippeti aurselves lake men o! (ho nartb we boardeti an electnic car and rade out a few hundred yards Vo tho mine sbaft. Here we entered the steel1 cage, and in a !ew seconds we, were draPPlng down at the rate1 HOSPITABLE NORTH When thie week:y publishers were in Tinuivns recently, Editat' George Lake of (Ire Porcupitie Ad- vance was (lie hast. Assisting ,hmnt was bis hantisome son Jack, pic- tured above withi thie editan o! The Statesman. Jack looks mighty Irappy about tlie visit o! (he On- ta.io-Quebec editors, anti Mr. James looks ecjuaily hiappy about VIre whale thing. the snaft pruvided pÀvIu.y for our party. We might add that one r 'an forgets tbey are clown ho- neath the eartb. In thîe raxim- itY a! the shaf t there are electric ligbts, but every miner carnies Iris cwn lamp. which is attacbed te a wet battery wlîich is recharged every day. Wages Are Hlgh Anti wbat about wages? The lowest wage paid in tlie Hollinger ,Min e is the base rate wbich is $4.64 for an eighî liaur day, sur- face ta surface. Tlîe foreman a! each crew gels $5.20 per day, but thiat is noV ail. Every mati bas atn appontunity ta make extra. In addition ta lus base rate lie is pii a certain amount per ton nîined. Froni this sum is deduct- ci thue cast a! dynamiite, caps, lay- ing a! railways anti other ex- pî,nse. The net result is thiat irany make as much as $10 andi $12 per day. O! caurse the bard- er a nman works ' thîe mare hé makes. but yau'vo got ta have guts" (I thmnk that's (ho word) telie a miner. Overhead Railway IVe almast fargot ta mention thie backfill o! tIre mine. Raises are dnillet f rom aone level to an- athon. These raises are laVer fill- ed in with santi which is brought a distance of three and a Imalf miles by avenhead cable cars. Tis is like an elevated railway anly the cars run on cables in- stead o! rails. An endless par- ade o! sand filled cars may ho seen travelling thraugh the air day and niglit. It's Not Ail Honey Lest Yau get a false picture o! Pa-ospeity 0f-tihe North we bad better explain that living costs are bigb. A home that would rent in Bowmanville for $20 per month ter of'Mneswbo had accompan- would cost you $65 per month in ied us nort.h. Timmins. The whole area, being Here are a few facts about non-agricultural, has to nnPOrt Timmins. Area, 1150 acres; pop- practically all its vegetables from ulation 24,500; taxes 63 mills for Southern Ontario, and t(hey are public school and 77.47 mils for ,costly too. Food and clothing are iseparate school supporters; beer higher, but no,, a great deal.1 parlours 25; churches 16; clubs, Many of the miners burn wOOd1 societies, etc. 200; roads, terrible: which is f airly cheap, but flot at1 public library; High and Voca- all satisfaztory. Coal costs an tional Sobool over whIch Princi- average of $3 to $5 per ton more pal Tanner, an 01<1 schoolmate of than in the South. ýPrincipal L. W DippeU of Bow- manville, presides; theatres 3; Northern Hospitality automobiles and trucks 4,000; The welcome one gets in the dootors 25; undertakers 2; bar- forth is spontaneous and genu- ber shops 26; second band stores 'r.e. The northerners are anxious 5; beauty parlours 22; Bands, for southerners to visit them. Citizens, Lions Boys, Porcupine They realize that then, and only Pipe; choral societles, orobestras, then. can we in the sout)h under- and as -the auction sale notice stand the problemrs of the nor*th. says "and other articles -too nu- Before we go into an account of merDus to mention." these problems let us for a few At night the vlsiting editors moments tell of the hospitality and their wives were guests at a we receîved banqjuet atthe Empire Hotel. We The Hollinger Mine General were not present at this banquet Manager, Mr. John Knox, enter- but we heard that they had a tained the men at the Directors' wonderful time. Hon. Paul Leduc Lcdge, while Mrs. George Lake was the chief speaker, and other entertained the ladies. At noonspeakers lncluded Mayor J. P. the men were guests of George Bartleman, R. E. Dye of the Dame Lake at a buffet luncheon in the Mines, G. A. MacDonald of the Empire Hotel, largest hotel in tihe Porcupine Advance, H. E. Rlce, north, at which a few speeches &litor of the Huntsville Forester were made, including one by our and Mayor of Huntsville, A. E. own editor, who also responded to Dobbie, editor of the Smiths Falla the demand that he do his Old News-Record and President On- Grey Mayor dance, which lie did tario-Quebec Division C. W. N.A., a few years ago at the Sam Glan- and Editor Oco. W. James. A ville Benefit Minstrel Show, fine prog'ram of music and dan- After lunch 'we were met by a ces was also featured. Kilted Pipe Band and rnarched a A LIUIle Side Trip couple of blocks to Timmins new The reason we were not at the $150,000 City Hall, wbich was op- ened by H-on. Paul Leduc, Minis- (Coftinud on Page 8) Suppose this were the heading of a newspaper article about you and your car YOU MAY be careful1 but your car may skId as you try to a'void a colision. Pro- perty Damxage Insurance Protects yon when your car damnages ptOperty belonging to another. Collision Insurance Pays only for damnage done to your own car. Je Je MASON & SON INSURANCE AGENTS 1Phone 681 Bowmanville .1 1- . 1-f- ç -. ,~ i -'- [ M ]BORROWING FOR PROFIT te&z*à foi instance...... To Curry On Faimers are flot the only business men who need to borrow to make next season's 41crop " possible. Maenufacturer: have to purchase raw materials for a "crop" of future finished products. Wholesulers must stock up in advance and warehouse their goods, if they wish a seasonal harvest of business. Retaileru, buying for the new season's demands, may need money to take advan- tage of discounts. Many lines of business need to borrow, in order to carry on. The Bank of Mptrea1 makes loans to ail kinds of Canadian business for such constructive purposes. BANK 0F MONTREAL ESTABLISHED 1817 "a batik where smail accounts are we/come'> Sowmanville Branch: F. 0. McILVEEN, Manager MODERN, EXPERIENCED BANKING SERVICE . .. the Outcome of1720 Years' Successful Operation mbmý -ý rAur- llimbil- THE CANADIAN STATESý'%fAN, PICAV'VANVILLE, ONTARIO PACF THRF.F. 1 0 caryq 0