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PREDICTS NGL: SALON RACE WILL PASS FRO CANADA (Continued from page 1) now, undreamed of wealth will flow into Canada through the development of natural power in both the east and west, the one supplementing the EN A387 Wealth from Mines Canada's mining wealth was also held forth as a source of wealth incalcuably rich, widespread, and a- gain destined to development through the very factors which, before sci- ence came to the rescue, militated against progress, That 1s to say, the lakes of the Northland are now highways for the hydrop'ane and the prospectors whom it can take within a few hours from the centers of industry and finance to the heart of a wilderness teem ing with every precious metal yet found within the sealed treasure hou ses of the earth, The third potential wealth of Can- ada, as outlined by the speaker, is sing the potentialities of permanent prosperity for Camada,' First, he pointed out, Canada had recovered very quickly from the war. "To sce Canada today, one would hardly think that this country had contnbuted its full share of men and resources to the winning of the late war." he declared, "but its rapid re cuvery can be ascribed to the fact that. three-fourths of its trade is with those two countries that came out of the war in the strongest posi- tion. That is to say, Britain and the United States. "Further, we share with the United lates that ecopomic quality of be- ing able to supply, very largely, our own needs. With us, world trade is a matter of secondary importance." ) These conditions which obtam in the United States and Canada are! the despair of Kurope, he pointed out. They ask for the formula," and the answer lies in the unit of vast areas between the Provinces of Can- ada and the United States of the American Union. But Europe finds economic unity defeated by political | individualism, und the speaker would | hazard no prediction as to the pos-| sibility in that direction save that Curope "had a long, long road to travel before the United States of Europe should become a fact instead its attraction as a tourist paradise for the holidaying millions of the United States. But, at the end, he touched a chord as sad and as old as the writ- ing on the walls of Babylon's ban i a dream. Yet both Canada and the United States have internal problems of sce- tions that, particularly in Canada, are shown to be the operation of fund anental laws rather than a result of union quet halls; Canada the heritage of the ages, but one that fate has willed to the stranger alrealy within the gates; and to races that are yet to This brought a new angle on the problem of the Maritime Provinces. | "There," he said, "the dream of uniting with the United States is |sion for cancellation on ten years' come in their millions to wax great | held as a way out of their difficul- in the place of a vanished people. ties. But it is seldom considered Rotary's guests at last night's din- | that the Maritimes' neighbors in the ner were cordially welcomed by.| United States--the new 'England President Storie. A few minutes of | States--suficr 'as much or even more the dinner some 20 ladies arrived to hear Dr. Shorti's address and wel- comed by the Club and its guests. Rotarian G, D, Conant introduced Dr, Shortt, explaining that their dis tinguished guest was no stranger to Oshawa, but that Oshawa was very much honored in receiving him. His recent service as a member of Can- ada's delegation to the World Econo- mic Conference at Geneva was re ferred to as a mark of the speak- er's many distinguished scrvices to the nation, Dr. Shortt began his address by declaring that though he might not be a stranger to Oshawa, the Osh awa he found was a stranger to him, having grown 'out of all semblance to the quite little town he once knew into a city comparable to the indus- trial centers of the States, Permanent Press He set himself the task of analy- '| Consideration of Canada's than the Maritime Provinces wm | Canada." future ! brought up: the necessity of defining lan economic value. The task is a dif ficult one according to Dr. Shortt, because the superstructure of any definition so often seems to abandon the foundations of logic. Force of Opinion His definition is that an economic value is "Nine -tenth's opinion and one-tenth actuality" and that "the hardest reality of economics is opin on," The stock exchange was cited to illustrate this point. A dozen indus tries hale reports of 'business over certain periods. Their mass soundness lis evident; their reports of produc- tion are unequationable, Yet th stock exchange will, in some cases, advance the price of stock for com- panies reporting curtailed production, even losses; and bludgeon the value of companies reporting increased pro- METAL BUMPING AND ALL KINDS OF BODY WORK MERRITT / AUTO AND REPAIR King St. W, Oshawa For Better Values DIAMONDS Burns' Jewelry Store 28 SIMCOE 8, PHONE 880 Cash or Terms FUEL COAL Stove, $16.00 per ton Nut, $15.50 per ton COKE $13.00 per ton WOOD Soft Slabs, load, $3.25 duction and a margin of profit. Back of these phenomena is opinion, and back of that psychology, "All stock exchange experts," Dr. Shortt declared, "pay more attention to psychological facts than to statis- tic records, He then went into the subject of making prosperity permanent in Can ada. He declared he would outline three grand divisions for his hear ers' attention, { Canada has enormous possibilities o1 { hydro electric development, Nature ed as Canada's enemy. Today, Na- ture is Canada's ally, Thus we have the fact that in the Great Lakes chain, there are no waterfalls or cat- | aracts of high importance south of the international boundary." The speaker digressed to describe as an infant Mississippi. Once the flow was to the south, Once the Great Lakes were a chain through what is now the Mississippi Valley. Time passed and the Lakes were drained, leaving a river to flow as a | bla stream for hundreds . 'What process is in the making s the St. Lawrence, though pointed out Chicago is re ent history by diverting er towards the Gulf ot ' | Shortt was not inclined to view | 'hicago's wa'er pirating too serious- / nor to blame Mayor wpson for it. | 2 matter of geographic right," inted "Chicago is in a n, but that has nothing the human right," | Hudson Basin | ested the remedy. wer of the Hud- asin, dam up the waters v flow wastefully to that sca, and restore the balance of out, Mixed Slabs, load, $3.50 ; Hard Slabs, load, $3.75 ] Bodywood, Y;cord, $4.25 | "Buy Reliable Fuel from a Reliable Firm" : "a Waterous-Neel: 14d. Yards, Cedardale--Phone 1288 Uptown Office, 66 King St. W. Phone 660 A Men's Broadcloth Shirts. f »:.19 Dorision Clothing Co. 68 King St. W, Phone 2141 -- ---- Tm ---- a Oshawa Luggage : YOUR INITIAL FREE On Suit Case or Club Bag Saywell & Son BOND ST. WESY | \ Vi AS CARRIERS Al -- fo THE OSHAWA ey oa ™ ria cont | + 081 CHECKS i PAD PORTO L. Laan, ULLL asi A ~ To ogwd V/ANTED D, COLLECTORS =, ' 2 "First power" he pointed out, "for ', was until not very long ago regard- | the Great Lakes-St. Lawrence system | of || "Big Bill" | 1 lwere shot, ] in eco-operat! <r the Great Lakes. More, water could supplied Chicago in quantities four tiems that. which they now use n defiance of treaty rights, he power thus obtained would be sold to United States industries, "There are some who say that if we got these States industries on we could never get them off, I see why that should be" he declared. "It is absurd to think that the United States as a political entity is bound up in its industries alone, One might as well suggest a war because a bean exporter refused to export any more beans to a familiar foreign market. "We should never think of dispos- ing of any power which Canada would actually need. Fifty year con- tracts could be made with a provi- notice. "We are advised to sell our coal to the States. But coal once sold is gone forever, But our hydro could not be exhausted, "However, a city such as Oshawa knows how things change. Ontario knows how by refusing to let the late Sir Adam Beck have his way with hydro radials we have been saved from something close to bank ruptey, Don't be deceived. The pro gress of science is as rapid as it 1 astonishing. In Germany particular!, processes for extracting gasolinc {rom lignite coal is making rapi strides. In the past 12 months they | have manufactured 100,000 tons © irasolne by these new methods an: are now equipped to extract 400, 000 tons in the next 18 months, The price is. being reduced and there is no predicting how far it is yet tc the bottom, "What does this mean but wonder ful progress for the Canadian west? Chere are enormous quantities of lig- | nite in Alberta. So far it cannot be transported economically because «it | deteriorates in quality after mining so that a binder has to be used, : "But if it can be turned to gaso line and its by-products used, the fuel protien of Canada would be olved. "In the meantime, the challenge of vdro electric development calls for action if its value is to be added 1c | the Dominion's resources. New Eng land industry is drifting to the sou! where cheap power and cheap labor ay be obtained, "Canadian hydro power could checl: that movement, and retain a mark r Can n agricultural products which wou'd be stimulated by the sale of power." The spea'er closed with a word of caution. He pointed out that ideas, no matter how sound, can be run caway with, causing a reaction or in- lustrial slump, "As st word," he said, "these | possibil of our great, are but what of the human future? After Istudying the racial elements both of the United States and Canada, after noting the birth rate, one has to ad | mit that as things go on this future is not for the Anglo-Saxon { That race will still dominate, will pass. It will pass out through the roof, not through the bottom, It bwilt evaporate through the roof, !_ "The possibilities of this countr; are incalcuable, but for the Anglo-Saxon." A vote of thanks, eloquently moved by Ald, George Hart, was 'tendered Dr. Shortt by President Storie. HORE UKRAINIAN BATTLES REPORTED Rebels and Soviet Troops Clash, Says Bucharest Newspaper not Bucharest, Dec, 6--Unconfirmed reports from the border town of Kishiney to the Bucharest newspa.- ! per Adeveral tonight say that bloody encounters have occurred in the Podolia coal region of the Ukr- aine between rebellious forces led by General Naidow and Soviet troops commanded by General Le- ewsky, he Czecka, (secret police), is making thousands of arrests," saya a despatch to Adeveral, *The warehouses of Odessa have been tarnsformed into prisons for un- Aesirables. Lest week more than 100 nepmen, (members of the new ceconomie poliey organization). It was true that the: had been working secretly in favor of those opposed to the rezime of "alia, Tarze numbers of workers ve so-icties have join- | 4 the opnosition. "At Jambholia, on the Podollan ide of the Dniester River, gecer:: ~freet fightinz occurred. Many, Rus | "inns have taken refuge across the ol'sh and Rumanian frontiers." ; The forczoing despatch, like all rboent remorts of alleged revolts Fowinz out of Leon Trotsky's ex- pplsion from the Communist party, 3 taen at Bucharest with the- "reatest reserve. The Rumarisn Government has: mo eonfirmatory 'sformation. ple REVOKE PARI IAMENT OF SPORT MEETING AT EDMONTON Ottawa. Hon. Charles Stewart, who cturned Tuecsday from Washington {ter attending the meeting of the 'nt board ~dministering Niagare Malls stated that a ceneral plan was ~oproyed for gem-d'al works prevent in> the erosion at the centre of the falls, , G . A month hence the engineers wi'l | D iY | #4 "present estimates of the cost entail | LW ® cd. It is proposed to spread ower | ~y8 Preferred 1 3 3 J teas y employmept #.e £ RES Of id i owt --l P&S oroer grea the volume of water ww goes to the centre and kh raduly gs wearing away the ledge i The effect of these works will mot 2'y be to preserve the scenic beauty Af the falls, bu what the power available to the power | rporations | "I am quite a mear meighbor o dist adross the river" "Indeed™ roptied his neichhor. 1 pe-yeu'll drop in some day." race. | but it | REDO ENDDEV CTI EEE t also amplify some | * SPRL IDRIETLNIOITIVITI ZUR REL REE RY 0 INE 4) Tks maa s Pa PERLE I VEDNL HORDES = & pr. iy 2 : THE OSHAWA DAILY TIMES. TUESDAY, DECEMBER 6. 192. ry SE «a NE . arly | : Shop Early O SOME PEOPLE CHRISTMAS seems to come suddenly---without a warning--- almost as a surprise. i These are the people who form the dense crowds on December 24th---the frantic last minute shoppers. But each year an increasingly large num- ber of people really heed the traditional warning DO YOUR CHRISTMAS SHOP- PING EARLY. For one thing, they know that anything worth doing at all is worth doing well. That gift giving is a fine art worthy of time i care and intelligence. Therefore they plan their shopping--choosing with fine tact and taste the gifts most suitable for each friend and relative. Isn't this the sensible policy for us all? Isn't it bet- ter to shop now at leisure i | in comfort rather than to shop later in haste and discomfort? The stores are ready with stocks of new merchan- dise, new toys, new books, new novelties of every kind. For those who choose practical gifts, the new styles in clothing and furnishings for men and boys are ready for selection. In furniture stores, at the jewelers, shopping may now be done with plenty of time for thoughtful con- sideration for each purchase. At the phonograph dealers, at the radio shop, at the piano store, upon the motor row, one may se important gifts with due regard for proper selection and Christmas delivery. Won't YOU, this year, be numbered among the early Christmas Shoppers? It is the best way, really, You'll enjoy shopping now and your selection of gifts will be better, too. Remember the postal clerks, too. Mail packa early. The postmaster joins us in saying, again: ges "Do Your Christmas Shopping Early" BEBE ISD AIBN IBG FR ENOISIZIS IMG + ame a TR mI