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PAGE TWO Toe ®rtario- Retormer | An Independent newspaper ub: lished every: other day (Tuesday, Thursday and Saturday afternoons)! at. Jatave, C1 Ca Stinking and Charl J ay, Al da birbctn pod he Rigs. A R. Allgwaz, Assistant Man-: i GEO. A.MARTIN. + 4 1: Bator. SUBSORIPYION hit, ! Wiig biphh id har fn Bukit v.01 X "year. t {] A150 pie Xs pr ser Binge | @ mind shad In 1411s OSHAWA, SATURDAY, MAY 13. HONORING MOTHER To-morrow. the abdond Sunday in| May, is Mother's Day. The author- ized badge fis 'a white a] Most of us awe a great deal more | [han Wwe ever realize ar can aver Tepay to our mothers, and it be-. _hodves "all of us tp honor those of our mothers who 'are still spared to us on the morrow, and to honor the memory of those who have gone to their reward. Those who are away from their mothers' should write letters or send gifts- Nf it is impossible to return | home for the day. Tn any event, make the day unique by some gem- onstratien of unselfish devotion, The object of this celebration is to inspire a deeper: responsibility to- ward the home--especially toward! motherhood and childhood. The celebration; according ti: 'th founder of Mother's Day. is not one of maudlin sentiment, but. rather tends to emphasize the home as the | highest inspiration of our individual | and national lives. The general re-! sponses to this opportunity of show-! ing our reverence for "the best | mother who ever lived" shows the feeling of those far away from home as well as those close to the 'best mother." . | A ---------------------- | 'HELP THE HOSPITAL es | Yesterday was the anniversary of | the birthday of Florence Nightingale, | the founder of modern nursing, and | in connection with the observance | of that event tomorrow is Hospital | Sunday in the local and district churches, i Anyone who gives it a thought] realizes the great service the hos-! pital renders to the town. The anst] of operating it is necessarily heavy, | and inasmuch as it is a community | institution it behooves every person | to bear his or her share toward its upkeep, Last year the extension 1a! the nurses' home was built, the] ladies' auxiliary incurring a heavy | financial responsibility thereby. They have confidence that the| church-goers to-morrow will stand back of them and contribute liber-| ally toward wiping off 'the debis phe Marine guard at our legation at|recommend the issues for incurred. Government and municipal grants only pay about one-fifth of the revenue necessary to run the institu tion, and the remainder must be se-| cured from paying patients ard] contributions from" friends. Loosen your purse strings tomorrow and | generously help a worthy institution. ! WHY THE FAVORITISM? | Ottawa to the Financial Post says that a ruling of | the Postofice Departiaent has lent color £9 the charge that while under th pres: ad Depucy Postmaster General much sympathy is show. United Staite: publications extrem: w:iriendiapess is shown Canadian: pntideaions. > | The latcst evidence adduced in| support of this view is that "life." | a weekly comic paper published in| New York, is admitted to the mails | but "the "Goblin" continues to he persistently shut out. The "Goblin" | is 3 creditable paper, published by a group of brilliant young Canadians, ossociated with Toronto, McGill zad other Universities and representa- | tive of the various educational in- | stitations of the country. Instead of being throttled by officialdom it! ought tp be encouraged. l "Frequently "it is stated. and not | without cause, that young Canadians. | after being educated in this country, | ®0 40 the United States because of Breater opportunities. This: las been particularly true of Canadian writers. One reason. for this has been the lack of varied publications 20d because of the smaller' popuia- tien of Capade than in the United States. "Yet when a magazine of 'the -galibre of the "Gablin™ comes long, 'which already. bas earned for itself | 'permanent place among she Zone of thie continent; pbstacles are thirowp in its way rhe & Government row d ath nada by The Reformer fishermen during the first two weeks Publis Company |of the season? {with the clean-up campaign, batter could youn spend a Saturday | She property. EDITORIAL, AL CQMMENT Have thé trout wat Souk ad good as the fish stories brought home-by Diversified Interests Stabilizes * Canada Steamships Earning; Now | Classed as Great Public Utility Drowning fatalities as the result of carelessness by canoeists, are al- ready being lreported this season. | Let the pleasure at Oshawa's water- 'Pany's: Immense: Properties | Security for Present Canada Steamship Lines Bond' Offering Gives Investors Opportunity ing made, to conform with the new | Kinpire, of Sharing in Growth and Development of C ompany---Com- Valued at "Over YT) | Offering frant not he similarly marred this ) SUNTIEr. During the past few: weéks' the bond market has witnessed substan- tig) appreciation in prices, This has been mpst strikingly illustrated in This is the last day that open {bonfires are permitted in connection the, market for Dominion of Canada ictory Bonds as they have heen the most active, the demand being most ingistent in .that quarter owing to the preference of many buyers for an exceptionally high grade. security, Other bonds of public utility and ip- dustrial corporations are receiving their share of attgntion, the higher yield in that quarter and the sub- stantial security inviting investment. This development is but one of the signs of the times which was fore- seen and predicted months ago by diagnosticians and statisticians who helieve that the financial world has entered on an extended period of de- clining money value and that security prices will have to hecome adjusted to the changed conditions as the rate drops and prices go up auto- matically thus decreasing the yield. It is considered fair petting that a year from now good honds will he yielding less return and sellnig af correspondingly higher prices than they are to?day. This is one of the reasons why huyers are so keen on taking advantage of the present at ractive range of pricef There is also greater confidence now than there was a few months ago of (he business drift back to normal con- ditions, Thera are very few new issues coming on the market at the present time, the present dealings heing lar- ger in existing issues which had de clined during war uncertainly and are now on their way to complete re covery, One of the new issues which Is beginning to attract attention ow- ing to the exceptional conditions in the vale of (he hond market, is the 7 per cent, offering of Canada Steamship Lines, Limited, Newer How jolsetnonn or evening than in tidying up the yard? Michigan has launched a "prohi- |bition navy" to patrol the Detroit river to check rum-running, Said inavy is getting into the game ahout ithe sanie relative time the United States entered the war. Judge A. J. Tralley of New York has proposed a law raquesting the publishing of the marriage baps for a month hefore marriage as a means of reducing the oy of runaway and bigamous marriages. A BIT © VERSE THR MOTHER never touched with brush, the canvas, And left a picture that the world Lust praise; Or; with inspired fingers on the board, Sent down an echo thro' the length of days; But once, with eyes yet leoking upward, With smiling lips she passed neath the rod, Descending almost 1p shadows To bring a from God, skillful key- tear-stained, be- little new-horn soul Phase of Investment Sentiment, It has been ohvious for some time that the bond market has heen under going marked expansion, the special feature heing the ready ahserption of world's approval, the better classes of issues applicable | Was only good to hush a babe to|to corporation industry and enter sleep. prise as distinet from the carly '8he never penned a hook whose| preference for government, muni- glowing pages cipal and public utility bonds. | Might lift us up and hzlp us in the This naturally follows after ght, demand has heen satisfied to point But day by day she sought with 10v-| whore the public will turn to the ing patience, : groups with a record of continuous To guide two little stumbling feet| ., nine power evidenciwg safety of aright. providing interegt requirements yet furnishing a more attractive yieid than, that possessed by those in ear- She never sang a song of joy or sadness In clear, sweet tones smile or weep; Her voice too weak to to makd us win the And yet. mayhap, hon at the pel of heaven She paused, God looked at her and! competi- smiled; I | vance which ensued when With hand outstretched, His kind | | tive buying forced prices up. ; voice spoke a welcome | Houses which had specialized Jn To her, the mother of a little chiid. | government, municipal and pul.lic ! utility issues are now giving their | cordial support to such corporations A WARNING Providence Journal: Conditions | can at : 84 | in. China, just now, may remind | exacting requirements incidental io those House leaders who wanted tothe close scrutiny these houses of forbid the President to send any { necessity give to the credit and pros the same time satisfy the troops whroad. of the folly of restrict- | pects of the applicants in the in-| they can invest- ing the army to "home defence." |terests of those to whom | Pekin is beimg strengthened, . and | ment. lif the troukle becomes extreme the | It is believed that issues of the army is bound to be called on for the | class which ean be sold to yield 7 per protection of American lives and | jcent or over will diminish rapidly. Phat leading Canadian and Ameri- | the | lier demand consequent upon the ad- | TO PACIFISTS | ae are in need of fresh financing and | can houses, jealous of the class or | securities which they recommend.to their clients, have underwritten thie issue, stands as a substantial indi- cation in the faith of that enterprise and its future, prosperity. The buginess of Canada Steam-! ships may now be clagsed as that of a great public utility, as 80 pei cent, of its large freight operations on the Great 'llakes and St. Law- rence. is conducted on contract hasis In years gone by the revenues of the| company were subject to violent fluctuations as they were more de- pendent .on the vagaries of tourist travel, which in. turn was effected materially by weather conditions for a few months in midsummer, | Now that the company has been' rounded out in its existing compleie | combination of freight and passen- ger business with diversified inter-| ests the tendency towards stability | -- of earnings is much greater, The | contract transportation of iron ore, i grains and pulp wood, three of the most important factors in the way of | freights, transform the business completely. Passenger business, whieh once bulked so largely in the| fortunes of the company, is a sec-| ondary consideration now, but even that has worked into more stable | status owing to the wide publicity | obtained for the Niagara to the 3ea| route, which is admitted to be one| of the finest and most aitractive steamboat trips of its kind in the, world, } Times Oven The strength of earning power to| meet interest charges on the com- | pany"s bonds is strikingly exhibited | in the earnings for the past six years; | 11916 to 1921 inclusive, Thesix year | [ total earned available for interest, | {and after taxes, depreciation and all | other charges, was $14 804,000 orl an average per year of $2,447,000. | The annual interest charges on the | | | Fixed Charges Earned Scveral | | present issue af $6,000, 000 and $5,- | 275,466 debenture stock t¢exchang- | able for first $683,750. After giving ecect to the pres ot] finaneing, the Lalance sheet of Feb. | 28, 1922, shows fixed assets (includ-| ing net value of investments) of 327,-| | 656,262, including $8,388,593, rep-! | reseneing real estate, buildings | | wharves docks, shopy, tocis, etc. | This is after depreciation reserve of | | $6,595,461 and a special reserve of| $3,873,595 against ocean tonnage, land is substantially below values fix- ed hy the Canadian appraisal Com- ! pany in June, 1921, In addition the {company has net quick assets of $2,.- | 429,883, making a total net assets of | $30 086,145 against total honds owi- (standing of $11,275,466. i mortgage honds) are A study of the net earnings for the | past six years shows that the yearly! average balance after deprecition | | was sufficient to pay the interest {charges 3.6 times. NOTICE Notice is hereby given that after | | this date I will not be responsible | i for any debts contracted by my wife, | | Amanda Rahm. (Sgd) | Oshawa, May 15th, J | | | | ROBERT RAHM. 1922. T he Famine i is s Still On 800,000 Children wiil Die of Starvation unless we Continue to Supply Food up to the End of August. YOU to believe about the famine situation in Russia-- statements of prejudiced papers, or the firsthand knowledge \{/HAT are the idle, unsupparted of such men as Lord Emmott, Lord Weardale and Sir Benjamin Robertson, who are devoting their time and energy to saving Sillions, ok chides lrg starving. In February, Sir Benjamin Robertson, with the approval of the British Government, made an exhaustive survey of the famine districts and reported-that help must be continued at least until the end of August. To say that. the famine is over, and that more maney and food are not needed, is worge than untrue. make selief work more efficient, three aS Eis My have been unified under the chairmanship of Sir Benjamin Robertson. 1.--The Russian Relief Fund, Chairman Lord Emmott, with whom is associated Sir Arthur Stanley, Chairman of the British Red Cross. ; \ 2--The Friends' Relief Mission--the British Organization of the Quakers. 3.~The Save The Children Fund, with Lord Weardale as chairman. These organizations are feeding 300,000 children in the Saratov area and are ing to help some of the millions of adults who are direst need of food. Will you not help these British organizations to save the helpless children of Russia from starving. Cheques and money orders may be forwarded through China; Secretary: Rev. Geo. Yule - yous bik, so oral ition, o sent direct to Sir George Burn, Treasurer, Save The Children Fund, Elgin Building, Ottawa. . Mill subscriptions are expended on Canadian Foodstuffs. 2 Save' the Children F und His Worship Mayor Ai Treasurer: C. N. Henry, Dominion Bank One Cont. Stamps of Canadian postage s«ai: ps are 1,000, 000 | colored one-cent stamp is heing is- | a a ------ MAKE A RECORD. Hamilton Herald: On the | the main thing | and if that can | or ligations of the d{reaty. other hand, however, | to he desired is peace, ' Straw-colored distinguish 8 y of the A number of changes in the color Mic h mind. be j vital thing is | given peace treaty few Britons wii! |record as bank bandits. The great thing the] -- that Ireland will be Prosperity is and remain within | largely | Record. international relations. A straw- sued, to replace the oltl green stam | which has heen in use for many | years; and as the various offices ex- | haust their supply of green ones they will be replaced with the new! issue. The red two-ceant stamp is] be ng replaced hy a green stamp, and Exchange Rates HEN you require information re- garding foreign exchange, call at our nearest branch. In direct wire touch with money markets throughout the world and closely affiliated with financial insti- tutions abroad, this bank is able to quote the closest possible rates on drafts and bills of ex- change, and to negotiate purchases and sales promptly and satisfactorily. DOMINION BANK . OSHAWA BRANCH, C. N. HENRY, Manager. CEDAR DALE BRANCH, . . 'w. H. SHEPPARD, Manager. BROOKLIN BRANCH, . . . E. C. CRO! SS, Manager. | aaa dil A ea ET Br TINT IY, 1 SER TT SA. should a six-cent stamp ever be is- sued it will take the color of the red | | hitherto distinguishing the two-cenl | stamp. The five-cent stamp is of ai violet shade, while the ten-cent stamp is blue. | | { | | | A COALITION FOR IRELAND? Ottawa Journal: Mr. Collins and Mr. Griffith, who_ very sensibly, have steadily declined to be driven to al position where their opponenta could hold them up as allies of the "Sassa- nach," seem willing to effect a coa- | lition with the Repuhlicans, pending an election. To an outlander, such a | fusion may indicate danger; the] danger of compromise regarding thw | MACDONALD? | Cigaretfes MACIORALDS Ci gar rettes el pad dh 7 The Irieh Re- publican army irregulars have as yet | he achieved, even though at the price | failed to themselves as From Now On |r somes small deviation from the |soldiers, but they have made quite a confined to the | hoot-leggers and bandits.--Columbia NEW ROOMS IN A FEW HOURS ou need another room? Do your walls need DOs egorating 7 Bird's Combination Wall Board is + just i you should select for making two rooms out of one, for replacing old walls and ceilings, or for wainscoting. Board is oak grained on ont side, Bird's Val. ide. If you wish 0 paint cream white on the reverse si vy WE a it, it takes paint easily and econo sheets ready fo. use--only hammer and saw needed to put it up. Artistic interiors made in a few hors. Think how man there are in ypur home where Bird's Wall can be used to gdvantage. Then come in and let us tell you how litte it cost * Made by the makers of Paroid Roofing. BIRD & SON, LIMITED, Hamilton, Ontario FOR SALE BY LANDER HARDW Oshawa a 5 ! i 4 w