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OSHAWA, ONTARIO, THURSDAY, SEPTEMBER 21, 1922 PAGE SEVEN - THEIR RID EVEN] 3 ° "William Banks. Though the United States. tariff measure will hit this country hard it is interesting to note that foreign money flowing into Canada has been one of the factors in bringing the Canadian dollar back to par. And a good deal of that 'foreign money" has come from across the lihe, Prom- inent bankers say that Canada is the first country that fought in the war and suffered currency depreciation to get back to normal. The experts may he left to give all the reasons for the new condition of affairs af- ter several years in which the mass of the Canadian People have vague- ly resented the idea that their mon- ey was not as good as that across the border, The fact that some A- merican tourists have been astound- ed in various sections of Canada to find that their American money was at a slight discount will not do any harm, It may have a contrary effect in the matter of mutual respect, ee British and Canadian representa- tives will confer in London in res- pect. to the legislation to be intro- duced to carry out the expressed wish of the British Commons for the abolition of the cattle embd#bgo, It is hoped that a hasis of agreement will be reached so as to permit of a "bill being introduced into Parlia- ment at the coming session. It will be a fine thing for Canada if the em- bargo is lifted within the next few months so that live cattle trade with the old country may be restored. We shall need all the trade of that kind we can get, as it is now certain that the new United States tariff bill will become effective in the course of a few weeks. Canada has felt the effects of the Emergency tariff hill for about a year. The result of the new measure will be a further shrinkage of our exports to the Uni- ted States and a corresponding transfer of our purchases from that country to Europe, * * It is solemnly asserted that the National Congress of Fascisti and Arditti, to be held at Naples in Oct- ober, will decide whether Italy is to remain as a monarchial country, or become a republic. The Fascisti which claims a membership of four million ex-service men, has achieved its objective of crushing out the Red menace in Italy in spite of all the aid that could be given it by the Russian Soviet. The Arditti, which is also largely composed of ex-sold- fers who served under the poet avi- ator Gabrielle D'Annpunzio when he seized Fium in rebellion against his own government, joined #ands with the larger organizations some time ago. Regular troops still in service Injunctions against striking rail- way shopmen in the United States followed by threats that a general strike might be called by the labor men of the country, have resulted in some warm comments by both sides as to the actions of the other in the test of endurance. It has heen as- serted on behalf of the United States government that the army will be used to protect all who want to re- sume work, and this again has been the text of one of those arguments that are unending. The advisability of using troops in labor disputes may he arguable on the question of its general principle. Local situa- tions usually decide the issue. Even strikers--or the majority of them---- would not want the property of their city or of themselves individu- ally, to he destroyed or mutilated by out of hands mobs. But the real solution of strike troubles will be that which settles them before they start, so to speak; There have been too many strikes of late in which the general public has heen the real sufferer. No panacea has yet been invented, however, and the expression of public opinion is not yet strong enough to force remedies operative against both sides to con- troversies in which the people bear most of the hardships. Copyrighted British Press Ltd, Increased Attendance This Season at the Missionary College and Colonial The opening exercises of the Osh- awa Missionary College were held the evening of September 13. There was a slight increase in attendance over that of the previous year. F. W. Stray, chairman of the Board of Trustees, gave a brief ad- dress on the principles of christian education. President Gant gave a hearty welcome to the old and new students, and introduced the new members of the staff who are, Miss Alma Hill of St. Thomas, as in- structor in stenography and Miss Abbie Culbert, as instructor in the junior and senior fourth form. Miss Hill was formerly instructor in stenography at St. Thomas Busi- ness College and Miss Culbert has taught at Windsor for the past two years. Miss Ivah Krome, vocal in- structor, could not be present on account of illness. The College orchestra rendered several selections which added to the entertainment of the evening. > - Shall I Go To College? For the young man who is debat- ing in. his mind whether to go to college or not the following review of the situation by Prof, Davenport former dean of the Illinois College will be helpful, "It is true that going to college is not the only way and often it is not the hest way to prepare for life, or even to become well-informed; for many of those who never passed an examination are better educated than are many of our Ph, D's, "It is true, too, that it will cost a young man much of time and mon- ey to spend four years or even two or three years in college; and if he goes, the chances are that he will jn ten years aver that he has long since forgotten all he ever had learn- ed in school, If he goes, too, he will actually lose something for a 'time at least of intimate contact with the real world of men and af- fairs as compared with his brother or his "chum" who stays away from the halls of learning and gets into the game early." "For the normal man who has no encumbrances and who is free to choose upon the merits of the case, the answer is as easy as most ans- wers; and it is that in general and upon the whole one's chances for success in a husiness way, his abil- ity to serve society, and the oppor- tunity for securing those abiding satisfactions that will be accounted valuable at sixty years of age, are greater to the collegian than to him who starts at once into the solution of his life's problem from a purely personal standpoint. "In saying this I am not influenc- ed by the published figures showing that the college graduates are mak- ing an income fifty or a hundred or even a thousand dollars more than those who stopped at high school. Such figures are deceiving, in that they deal with very different classes of people that are not at all comparable apart from the matter of schooling. This thing cannot be reduced to a strict mathematical basis. The problem is not capable of the solution by the rule of three; it lies rather in the realm of what we call the highest probability. "I am mainly influenced by the fact that in a good college, the boy will find a larger collection of facts about his chosen line that he will find assembled anywhere else in the world. Not only that, but he will be associated with those whose bus-| iness it is to try to understand what | those facts mean from the stand- point of the experience of the world at large and for all time, not merely from the commercial point of view of Chicago, or Montreal, Boston or| Podunk. | &» v "The professors may be wrong, and they often are; but out of a are claimed to be in favor of the Fas- cisti. Bearing in mind that these statements are made by members of the Fiascisti, they are nevertheless rather startling. Italy has had many manifestations of the power of the organization in the past two or three years, The assertion is advanced that in the event of a republican form of government being decided upon there would be no revélution. The Kasdisti is so powerful, it is said, that any opposition on the part of the monarchists would be sui- cidal. * * * A sensational interview ascribed to Rudyard Kipling and which the famous author says he did not give, has had one result. It has brought forth an official statement from Washington that United States com- manders and advisors at the front were against the signing of the arm- istice and in favor of fighting the war to a finish. That was a position which the Americans with their fresh and comparatively untouched forces could well afford to take. It does them credit assuming that the statement is absolutely correct, and history may record that it was a mistake not to beat the Germans in- to submission more thoroughly and insist of a triumphal march of the allied armies through Berlin. But history not having been on the scene in person so to speak, can af- ford to be more coldly calculating than could the representatives of peoples who had suffered the agon- ies and tortures of years of hard bat- tling and of the loss of the flower of their manhood to an extent that _ even yet is not realized by others. These international controversies are bound to crop up every once in a while. They are sometimes unfor- tunate in their results and some- times they clear the atmosphere. The big powers might be better con- sidering what they can do toward protecting the remnants of the Christian races abandoned to the mercy of the Turks than to waste their time in too many exchanges a- bout what they did do, or might have done. * - * As a result of labor troubles in the United States and Canada Brit- ish firms have recently received or- ders from those countries for three hundred thousand tons of foundry iron. Of this sixty thousand tons is to be furnished from Scotland, where only sixteen furnaces are op- erating at present as compared with seventy before the war. While such trade is not likely to be permanent is is significant. Such orders are another reminder of the annihilation of distances. They can be filled in time reasonable enough and at prices fair enough to warrant the re-estab- lishment of permanent orders if con- ditions make it necessary. No part of the world can get very far away from another in these days. - Ld * Roumania is beginning talk about steps to pay off by instalments its debt to Canada for credits extended after the armistice. Until King Constantine came back Greece was doing something to liguidate its ob- ligations to this country. Since his re-accession to the throne and the grand military programs made by this country. Greece has paid dearly story. 1 say for her ambitions. A Story in a Word Step up to the counter and say "Mercury" and you have stated exactly what your ideas of quality are. That one word tells the whole LENGTH, Feet, Dyes, and UNSHRINKABLE MATERIALS. Then remember the Don't say I want "a pair of sox" Mercury Mol Lmtd. Haron Conde FOR MEN. WOMEN AND CHILDREN t means GOOD Generous Size, No Seams, Fast word. thousand guesses about all sorts of matters, my experience is that the professor's guess is right or nearly right a good deal more than his share of the time. For example, no professor of economics, whom I know is surprised about the indem- nity or failed to predict the trouble that has developed in collecting it, for he is aware of what happens when payment is attempted of huge international debts, "One point which the boy contem- plating college must not overlook is what might be called the unit of success. The lahorer serves for money, He used to work hy the year, then by the month, then hy the week, later by the day, and now at last by the hour, With every decrease in thé length of his ser- vice unit, he has dissociated himself further from the business by which he lives, and has carried less and less responsibility; which loss is the real hasis. of his dissention. For the unit of living is not the hour, or the week or even the month, hut the year, while the unit of life is the decade, or the life period as a whole and the thing that matters is what will a man he doing and getting, when he is forty, and how will he feel at sixty? "This gives the boy his cue, He can afford to sacrifice time and money and hard work and present advancement if by and by he will he the better for it; and this is where he must weigh the chances with the long view ahead." A Bit Cruel, "Every time the baby looks into my face he laughs," declared the proud and heastful father, "Well, he is too young to have learned good manners yet," replied his sarcastic friend, "but at least you must be gratified to see that the child has a real sense of hu- mor.""-- (Life) PRIVILEGE. PRESENTED PRIZES On Monday afternoon the success- ful competitors in the King street Home and School club's vegetable and flower growing competition were awarded their prizes. The prizes were presented by Mrs. E. Myers, president of the King street Home and School club, Evelyn Jeffery, won the first prize of $2; Annie Bolosky, captured second prize of $1.60 and the third prize also of $1.50 went to George Camp- bell. It was announced that the proceeds accruing from the sale of refreshments at the booth conducted at the recent fair amounted to $110. What the country needs is more men in Congress with throat trou- ble.--Cleveland News. 0d Nl Stanpog sis h is RE The Exchange of Victory Bonds Those desirous of taking advantage of the prfvite of exchanging their maturing Victory Bonds for t new issue are invited to hand them in at any one of our branches, We will gladly see to all Pest y etails, STANDARD BANK | OSHAWA BRANCH E. C. HODGINS, Lg VERY winter, more and more people enjoy the health and 4 fort of Stanfield's Unshrinkable RES! 4 underwear gi of inters-- in rol doy for Caiia dian w He climatic is col eld's al ivi of the body an Rats becorhing chilled -- two ess nN, y\ Lomlortable bécausgit fits-- use-it is rlipha winter. Stanfiel right o I'S is Stanfield's never break the sf Made in combinations and two. piece Suits, in full length, knee and elbow length, and sleeve- less, for Men and Women. Stanfield's Adjustable Combina- tions and sleepers for growing children (Patented). Sample Book, showing weights ond textures, mailed free. Write for it. STANFIELD'S LIMITED TRURO, N.S. fitting right ions of e fond rin ins the e skin Ith in ble, on the seams, ial over-cast stitchin To Holders of Five Year 5; per cent Canada's Victory Bonds Issued in 1917 and Maturing 1st December, 1922, CONVERSION MINISTER OF FINANCE offers to holders : of these bonds who desire to continue their investment in Dominion of Canada securities the privilege of exchanging the maturing bonds for new boads bearing 5} per cent interest, payable half yearly, of either of the following classes: -- (@) Five year bonds, dated ist November, 1922, to mature Ast November, 1927. (b) Ten year bonds, dated 1st November, 1922, to mature ist November, 1932. While the maturing bonds will carry interest to Ast December, 1922, the new bonds will commence to eam AVAILING THEMSELVES OF THE CONVERSION This offer is made to holders of the maturing bonds and is not open to other investors. The bonds to be issued under this proposal will be substantially of the same character as those which are maturing, except that the exemption from taxation does not apply to the PROPOSALS coupon bonds will detach and retain the last unmatuced coupon before surrendering the bond itself for conversion purposes.