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0 T \ The Ontario Reformer . aA ! t \ VOLUME 51--No, 25 Section Section--Pages 7-10 = Tuesday, Thursday and Saturday Published at Oshawa, Ont,, Canada OSHAWA, ONTARIO, TUESDAY, MAY 30, 1922 WORLD EVENTS: | The Week At . te strength by driving the Progressives | (Continued fr 2 THEIR SIGNIFICANCE. ue Kotter and re. | BLrenK(h | nto the arms of the Liberals which the greatest. revenue getter and re b «a venue is the great need. / 4 SWillia "Banks Slee are open to receive them. of course. m . pe " | The debate will have a renewe - The "man in the street" will pay terest next week al pane ed In his share of the increased taxation. | ' > 8 f the three leaders and once it is Where he is relieved to some slight! g 2 = J out of the way there wi drive extent on the necessities of lite he y ¥e Will be a driv will pay on the luxuries, his cigars jo 9nlsh, yonesar nights and and cigarettes and his soft drinks (hing of the past and when that ind other things, and if he is suffi- wge is reached the members will ciently affluent to drive a car he | cease to talk. will pay increased taxation also on | The Wheat Board ana freight rates that, The majority of the tariff : Hh changes were , downward; here a remain to be disposed of but they little and there a litle. The British! will now remain practically in status preference was increased, sometimes | quo until the Budget Debate ends, Yearly Subscription $5.00 * single Copies 5 Cents to "What it, Buffalo meet the same fate as did the 'no L confidence" motion | on the soldier honus, and it is fearkd, serve only to demonstrate the Conservative lack of time is and Express THE WAY Detroit Free Press: The way to reduce armaments in Europe is to reduce the suspicions and fears that cause armies to he maintained, But that cannot be done until the light of common sense breaks in Russia; wiitil the numerous boundary ques- tions that blur the map of Europe are out of the way; until Greece, Italy, France and Great Britain are sutisfied with the state of affairs in the Near East, and until France convinced that Germany will carry out all of the terms of the treaty of Versailles, Just this doesn't offer a answer where n, LAW AND CUSTOMS Washington Star: prove of votes for women "Do on you ap- PLENTY OF GASOLINE "Thoroughly," Sorghum. answered Senator "1 always did approve of giving women a voice in making the laws. Only they don't show the dis position to reciprocate that I hoped for they ought to let men make a few suggestions about the fashions." Buffalo Statistics from the federal hureau of mines showing that there was a larger stock of gas- oline at the end of April, this year, than ever hefore proves that the sup ply, or lack of it, has nothing to do with the recent jumps in price and {the additional jumps that are fore least, It is also shown that, while [the demand increased 7 per cent, in [the first three months of 1922 over 11921, the supply was 40 per cent, [greater. There are many more re- | trust him to abide hy its terms and [fineries in operation, though many look for your interests Kan- still closed as City Star, xpress: -- In Rhe days that have passed since the presentation in the Canadian House of Commons of the budget, there has heen time and opportunity for reflection. There were no start- ling surprises this time, it having heen generally recognized that new sources of revenue must he found, in "view of the decreasing returns from customs duties, and the vast amounts required to meet the, fixed expenditures, Hon. W. 8S. Fielding, the cqmmercial and industrial de- pression is, I believe, over, Already the sun of hetter times is beginning to shine. 1 do not look for any ra- pid restortation to prosperity, but 1 believe that, from this time forwara, there will be quiet, steady and subs stantial improvement." That is something to remember* if the turn- ing of the tide appears, at times to he remarkably slow, The best time to read the contract before signing on the dotted line is just hefore the party of the second the m part hegins saying that you can saving to enliven interest daylight business, why citizen hest the ome nitable enterprising reward for It would he well to hear in mina best bare the Minister of Finance, proposes, as most readers know to get this addi- tional revenue by an addition of fifty percent to the sales tax now levied on sales by manufacturers to whole- salers, by wholesalers to retailers, and on imported goods, There are some exemptions in addition to those formerly existing, but it is not pos- sible here to go into all the details. Mr. Fielding himself did not say so, but it has heen estimated hy some who pay striet attention to these matters that the new sales tax will pdd forty-five million dollars per year to the Publie Treasury. Cigar- ettes. cigars, certain kinds of liquors and motor ears will also pay addi- tional taxes, There graded stamp on bank cheques--two cents up to fifty dollars, and two cents for every ad- ditional fifty. The tax on telegrams and cables is increased from one to five cents. 3anks are to pay a one percent tax' on note circulation, and is a tax the tax on stock, transfers is raised | from two to five cents per shar®. There is a qduction of from two and a half to five percent on the duty on practically all farm®implements, machinery and tools, and there is an increased preferences to Britain of two and a half percent, on a very considerable range of goods, These brief sentences barely outline the chief taxation proposals and customs changes. It is impossible that they should be hailed by all as the right and the wise steps to take. Politics always enter largely into the making of budgets and the changing of tar iffs, and the economic views of many who are not ardent politicians also color their impressions in matters of this kind. What is more to the point with thousands who have regardea the future with some degree of ap- prehension is a declaration of Mr. Fielding made in the course of his speech to this effect. "The worst of | formal, of the three first also that the total debt of Canada on March 31 last--the closing of the fiscal year was $2,427,296,798. In the mere recital of those figures there is a call for the exercise of care in spending. There should be a dis- tinetion both in the national and in- dividual mind, however, hetween care and stinginess. The latter rs often as wasteful in its disregard or essential works, is wanton reeck- 38 The minds of many who a bent toward the study of such matters, will also be struck with the startling statement in connection with the inercased tax on cigars ana cigarettes, that the consumptibn of cigarettes in Canada amounts to 267 a year for every man, woman, and child. Canada grows in more ways than one. as If relianee is to be maze of stories from opean capitals, Bugaria has thrown in its lot with Russia mild Gérmany, as an opponent to the allies and the Little Entente. Turkey may also be included in the alliance, more or les, named na- tions. There has been some revolu- tionary disorder in Bulgaria. Some reports say that it is still serious. Jut up to a comparatively recent period the Bulgarian government was strongly anti-Bolshevist. The hope of escaping its share of repara- tions due as a result of the world war, and of recovering lost territory, seems to have heew instilled into Bulgarians representing their coun- try at the Genoa gathering, by the words and actions of the Germans and Russians. Roumania is greatly alarmed over this new turn in the wheel She fears that the Soviet will take advantage of the complica- tions to attempt to seize all territory given to Rumania as a penalty of war, making a first attack on the (Continued on page &) placed on various Kur by five per cent hut mostly hy 2% it United States goods was just a little. Farm machinery lightened of taxation a bit were some of the essential tools and equipment for the mines and fish- eries,. The fruit growers and lum- bermen find themselves isted least little hit as also even do the plumbers, but the fly in the oint- ment lies in the fact that the inereas ed Sales Tax eats up most of henefits, * Ld LJ is being voiced to the changes is in the case of the removal of provisions for valueing foreign exchange at not less than fifty per cent of its foreign !yalue and it is on this that the chiel Conservative objection will probably hinge. The Conservatives, who pla- ced that restriction there last year claimed that it prevented the mar- kets being flooded with German and Austrian goods which, because of swamped this country and in some lines put manufgeturers out of busi ness, On the gther hand, Mr. Field- ng argues that the only effect the provision was to force Canadian buyers who went for the German and of or English firms who secured the ad- foreign currency and the dif ference in their profits, There the usual talk of {ines of manufacture being forced to the wall. That it is noticed, usually follows every extensive tariff change and the talk until the pro- testers find that they cannot get the taxes changed. Then they start work and seem somehow to make a good living anyway. * * - put is some persists The following are the main -altera- A $s. i MTV JeTVTNATNT A Complete Banking Service Smail traders and great industiial corpo- rations --workmen with modest savings accounts and farmers with their banking business--find in the Bank of Montreal the banking service they require extended to them with courteous attention. The facilities of this Bank ace equally at the service of every class in the community. LE Sa tions moved by Mr. Fielding: Re- ductions: Most farm machinery from 20 per 'cent. to 171g per cent. under general tariff. Mowing Machines, harvesters, bin- ders, and reapers from 123% to 10 per cent. Customs rates on ce rtain other agricultural implements redu- ced by from 21% to & per cent | Woollen apparel wearing and | ready made clothing from 35 to ? | per cent. | Collars and | 321% per cent. Boots and shoes from per cent. Cocoa and chocolate from 27% to 25 per cent Cuffs from 37 30 to 27 { Gasoline for fishing jother fishermen's supplies Cotton yarns and fabrics, goods, linens or cotton British preference reduced oe and reduced knitted clothing 21 per vessels Tobacco, cigars and cigarette taxa- tion revised to bear more heavily on expensive brands. Matches in small boxes reduced Jritish movie films reduced. Machinery of sawmills, pumps and iron piping for mines. iron tubing and tools for plumbing given redue- tions. British preference on sugar fn of British make reduced by 2%; cent. Revenue is to be secured from-the following sources: By increasing per the Sales Tax 50 per cent in addition to Income Tax: Cheques pay 2 cents on each taxed five cents per fectionery taxed five per cent: Pre- and by this means the barvier again-| raised | was | as also the | One of the great objections which their low currency value, could have Austrian goods to buy through Dutch | vantage of the exchange against the! creased and duty on window shades | $50; | telegrams pay five cents; soft drinks | > . : gallon; con-| F ine t minums to unlicensed insurance com- | the | Good business for you and everybody in town. in Oshawa, whether for an automobile, a piano, a suit of clothes or a jack-knife, helps boost Oshawa, The \ he All the new Rough Straws are here in abundance," $2.50 to $4.00. We are doing our part by carrying large ! chandise, in an up-to-date men's store, with show windows pronounced by many travelling men to be among the best in the province. This has been made possible because the great majority of Oshawa men are Oshawa boosters and are glad to buy at home in a store where they get dependable merchandise, courteous service and fair prices. Straw Hat Parade Has Started At 7/7 SM V1.7 7 oN evn EEN 2 £/%X oy stocks of the latest mer- BUY IN OSHAWA Because It's Good Business Iivery dollar spent of town helps boost some other place. you boosting, Oshawa or the other place? Every dollar sent out Which are With a Rush IE 4 STRAW HATS $5.00. Sennits in cable and saw edge styles, $2.00 to $3.50. \ Vestless Days Call for Good Looking Ties New Bat Wings, new Four-in-Hands, new Wash Polka Dots, i Figures and Stripes are new. Ties. neat Prices 75¢ to $1.00 | | per cent; Bank circulation taxed one | | | SUMME Under- wear An important subject for the hot weather. Every style is here athletic siyle, knee length, ankle length, fine knits and fancy nainsooks. $1.50 a Suit to $3.00 R SUITS Fine Split Straws in popular dimensions, $2.50 to panies taxed five per cent; ale, beer, | 1ete., taxed 15 cents per gallon; Auto-| | mobiles valued at less than $1200 pay "additional tax of 5 per cent. those over $1200 10 per cent; Ex-| Weight Grey Pencil BANK OF MONTREAL ESTABLISHED MORE THAN 100 YEARS PB. 5. LANGFORD, Local Manager * "TOTAL ASSETS IN EXCESS OF §500,000,000° a - cise tax of 49 cents on beet sugar. Other changes include repeal VICTORY LOAN COUPONS We will cash your Victory Loan Coupons or place them to your credit in our Savings Bank where they will draw interest at 37 per annum. THE. CANADIAN BANK OF COMMERCE PAID-UP CAPITAL RESERVE FUND OSHAWA BRAXCH, $15,000,000 $15,000,000 #H. E. Tylor, Manager. the acts «af last session providing for consular certification; valuation for duty and limiting foreign exchange depreciation to 50 per cent: Marking act repealed but marking made per-| missive; drawback schedule revised | and importation of birds regarded as harmful is forbidden. { EA Those are the main features of fhe Budget as brought down the day | before the double holiday. The de- | bate on it opened today with a sally! from the big guns of the Opposition. | How long it will last none can v. | Liberal and in some part Progressive members say the Budget goes a step | in the right direction, though some of the later grumble that it does not | go far enough. However, they ad-| mit that they have nothing better to, offer. Generally speaking and there- | fore are quite prepared to accept it. | The Conservatives do not want to ac- cept it but their hands are tied by their lack of strength. - » - Sir. Henry Drayton has moved an amendment which charges the gov- ernment with breaking faith with the electors in its pre-election plat-| form promises. The amendment is being supported by the Conservatives | on the swrface and secrqly con- demned by many of them, It will | Homespun of | In men's and young men's styles, care- fully tail d and «r ably priced. Stri Navyg. Browns, Greys, single and double-breasted styles, fine Worsteds and Cashmeres. Extra values at $25.00, $27.50, $30.00 and $35.00 OJHAWA