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PAGE FOUR a Ee © THE OSHAWA DAILY TIMES, SATURDAY, DECEMBER 8, 1928 Che @shawa ; Baily Times THE OSHAWA DAILY REFORMER An independent newspaper published every v a except Sundays and legal holidays, at Oshawa, Canada, by Mundy Printing Company, Limited; Chas. M. Mundy, President; A. R. Alloway, Secretary. The Oshawa Daily Times 1s a member of the Cana- dian Press, the Canadian Daily Newspapers' As- sociation, The Ontario Provincial Dallies and the Audit Bureau of Circulations, SUBSCRIPTION RATES Delivered by carrier: 0c a week. By mail (out. side Oshawa carrier delivery limits): in the Counties of Ontario, Durham and NoFfthumber- land, $8.00 a year; elsewhere in Canadas, $4.00 a year; United States, $5.00 a year. TORONTO OFFICE 407 Bond Building, 66 Temperance Street, Tele phone Adelaido 0107, H. D. 'Iresidder, repre. sentative. REPRESENTATIVES IN U.S. Powers and Stone, Inc., New York and Chicago. SATURDAY, DECEMBER 8, 1928 _---------- ICY ROADS CAUSE ACCIDENTS Yesterday and today have brought us the : - first real touch of winter and next to the change in scenery and atmosphere the condi- tion of the highways is the most conspicu- ous feature. The crop of accidents that have happened over night, since noon yesterday, is abun- dant evidence that the greatest care should be exercised in driving cars and trucks when roads afe coated with ice and snow. Chains are needed, for without them even the great- est of care not infrequently proves of no avail. To climb a hill without chains is almost impossible. Cars bunch upand an accigent often results. Coming down a steep hill is almost as bad. Further it is very difficult and treacherous when necessary to stop quickly. True, chains do not eliminate the necessity of being careful, but they help a careful driver to make his carefulness more fully effective. No, this is not an advertise- ment for a manufacturer of or dealer in tire chains, It is just a plea for safe, careful driving in bad, as well as good weather. » OSHAWA CITY COUNCIL A LAW a UNTO ITSELF The Oshawa City Council at its adjourned meeting last night gave a most remarkable exhibition of its disregard of the expressed desire of a large numoer of electors and al- 80 of the periormance of its duty as set out under the Municipal Act. A minority of Council are in favour of submitting to the electors two by-laws, both having to do.with the organization of the City Council. One by-law provides for a reduction in. the number of aldermen from each ward from three to two. The other provides for the election of the council by general vote. If both by-laws were submit- ted to the electors and carried it would-mean that we would have a council of ten elected by. general vote. In support of the two proposals a petition was presented signed by 451 persons, said . to be electors (and no one challenged a | single name) asking that the by-laws de- | -seribed above be referred to the electors at \ the time of the municipal election. Bear in mind that the council was not ask- ed to pass the by-laws mentioned. The pro- posal was that the electors be given the pri- vilege of deciding whether they wished to carry on under the present system or adopt either or both of the changes referred to. But strange as it may seem, the city coun- cil said "No" deliberately and emphatically to both proposals. . Those favouring the proposals said: "Let us trust the people and abide by their deci- sion." ; The opponents said, in effect: "We know more than the people; the people are not be trusted." : : 4 The proponents said: "Surely this peti- tion signed by over 400 electors is worthy of some notice and indicates a fairly wide feeling that a vote should be taken." The opponents said, in effect: "It isn't large enough and besides a petition of rep- resentative electors is not to be compared to our superior judgment on a matter of this kind" : The supporters of the request that a vote be taken said: "But the Municipal Act, un- der which this council operates, takes note of such a petition as that submitted and says that council SHALL: submit a by-law to the electors on at least one of the questions men- tioned; therefore this council has no choice or opinion on that point." The objectors said, in effect: "We know better than the Municipal Act and we are going to do as we like, whether we are in order or out of order, so that's all there is to it." And that is how it is that the electors of Oshawa, who might be presumed to possess . sufficient intelligence to decide for them- selves whether they would prefer to have a smaller coungil and also whether they would prefer to elect thé council by general vote, are to be denied the privilege of making those decisions. The electors can thank Aldermen 8wan-* son, Stacey, E. Jackson, Harman, Crawford and Douglas, for making those decisions for them on both proposals and further thank Aldermen Ci 1, Alchin and McDonald for a similar service with respect to one of the questions. | a F3 We have been reading proofs of the Christmas shopping "ads" of Oshawa stores that will appear in The Times next Wednes- day. They are as interesting as anything that one may peruse these days, for they speak not only of the approaching yuletide, with all that means, but they illustrate as well the rapid growfy of the city and its develop- ment, Sometimes we are apt to think of the modern Oshawa in terms only of population and of public "improvements--street paving, parks, public playgrounds and a dozen other items of the kind. But the real earmark of the progressive city is its stores. The real badge of prosperity is the type of retail stores a city boasts. The advertising columns of this news- paper demonstrate the fact that Oshawa has stores of which any city may be proud and as metropolitan as those of many boasting larger population. And the stores them- selves are as interesting as the "ads." INTERESTING "ADS." TAKING UNFAIR ADVANTAGE NEVER PAYS Fortunate indeed is the club or organiza- tion or town which does not have that in- dividual who will take an unethical advan- tage. On the schoolground he is the lad that will always be found in the shove for the inside track. He is the fellow whom the referee on the football field must watch for constant off-side plays. On the cinder track tryouts he does his best to get off just a second ahead of the gun. Later when he plays golf, he is the bird who seeks a better lie, claiming a wagon wheel or horse hoof has left an unnatural depression. In politics or business or professional life, he can never be counted on to carry through with associates or competitors. When they plan to do something as an association or as a community they always look to him to pull something that is just a little off form and he seldom disappoints them. Naturally - he is unpopular with his contemporaries and competitors for his unethical actions pique them, but they are seldom hurt a great deal by his unfairness, for the public these days is just a little quicker than ever before to spot unfairness and to reason that if a man is unfair in his competition, he will bear close watching in his dealings with. custom- ers and clients. ; Taking unfair advantage never pays per- manently. 'N bit of Verse | WINTER SUNRISE Across the snowy street the sun All Winter long bursts out Behind the rows of chimney pots At eight or thereabout; Sometimes a pale gold disk above The last faint flush of dawn. Sometimes like yesternight's full moon, : Cold, colorless and wan. "This then I long to wander out Through dreary streets and dim, Past rows of dull brick walls, and see, O'er the horizon's rim, The flaming skies when roseate glow Lights hill and tree, Before glorious orb appears To end morn's pageantry. There, far beyond the icebound streams, And far beyond the hills, How oft, in morn's sweet silences, I've watched that lure which thrills My heart witl: rapture, day by day, And oh, that all might love The varied beauty of God's earth And of the skies above. --Rusticus. By James W. Barton, M.D. CITY CHILD AND COUNTRY | CHILD Perhaps you have the idea that if you could afford it, or if the sehool- ing were as good, you would like to bring up your children in the coun- try. There with the fresh' air, the outdoors, and good milk, and the little chores in gardening or looking after farm stock, the children woul grow strong and rugged, and free from the childish ailments that afflict so many sity children, } | A ow what is the truth in this mat- er? Alfred E. Parker tells us that this belief that the country boy "work- ing out in the open, building hie muscles chopping wood or following the plough was just naturally heal- thier and stronger than the city boy" was all wrong and it took the World's War to show it. Of the mil- lions .drafted for war in the United States (and Canada was almost the same) one third were physically un-, fit for war services. Invariably the larger percentage of men physically unfit for war ser- vice was found among young men from the country, y? Two reasons are given, "The country boy seldom received medical attention or advice, Many men from the country had infected tonsils and adenoids; their eyesight defective for years, which could have been corrected in early" youth, was seriously defective when tested for the army. Where disease did hit the country man, it hit him hard, for the weak spots in his body re- duced his vitality to such an extent that he was unable to throw it off readily. The second reason for the country man's unfitness, was the lack, before the war, of physical education in the country schools. *In other words although farm work exercised certain sets of muscles it lacked the all round development that city boys get in their body build- ing exercise given at school, and the group games in which all the child- ren indulge, While a generation ago, it would have been true that country boys make the healthiest men, now with school medical inspection and super- vised play, the city boy has the ad- vantage. (Registered in accordance with the Copyright Act.) WMANUS APPEARS ON MURDER CHARGE Pleads Not Guilty in Con- nection With Roth- stein Shooting New York, Dec. 8. -- George Mec- Manuus, the 'honest gambler' was arraigned on an indictment Wed- nesday charging him with the mur- der of Arnold Rothstein. He was held without bail and re- manded to the Tombs Prison. where he has been held since his volun- tary surrender a week ago. Police continued a search for three others named fn the jndict- ment yesterday. They also started a search for Hyman Biller, a friend of McManus, who lived on the same floor of the Park Central Hotel, where Rothstein was shot. Whether he was one of the threa others in- dicted yestarday is not known, McManue. appearirg dapper in a blue suit and his black hair comb ed ncatly, waz taken "efore Judge Francis Mancuso in General Ses- sions Court this morning. The in- dictment was read and McManus was asked how he pleaded. "Made in Australia" Movement Instigates Sydney, Australia, Dec. 8.--~The "Made in Australia" movement has been stimulated by the action of the Associated Chambers of Manufac- turers in demanding an investigation into the Commonwealth's imports with a view to determining whether a large proportion of them could not be duplicated in Australian factories or farms. It was tended by speakers rep- resenting the Associated Chambers that, having regard to the enormous importations into Australia of manu-, factured goods, the government should take steps to enquire into the question with a view to encour- aging home industry to replace for- eign goods. It was further recom- mended that in each state of the Commonwealth there should be an orgatization Wiese, busingés it woul to spr propagan: in favor of Australian-made goods, and that the government sl amend the existing legislation to provide that the name of the country of or- igin be stamped on all imported goods. The Family Herald and Weekly Star of Montreal is not only a money maker but 2 money saver to the farmers of Canada, while the farmer's family circle, in the ac- companving magazine, gets what is admit- ted to be the best of all re THE SILENT SUFFERER -- He was opplres and he was afflicted, yet he opened not his mouth: he was brought as a lamb to the slaughter, and as a sheep before her shearers is Jum, 9 he opéneth not his mouth. --1 X a. 53:7. PRAYER--AIl this for me. * PAPER PROFITS WIPED OUT IN MARKET SLUMP Rapid: Rise in Call Money "Rate Starts Flood of Selling 'New York, Dec. 8, -- Thé "bull" market, which has been soaring in- to new high altitudes almost daily since election day, crashed with a terrific thud. Thursday as the prices 'of more than 100 stocks dropped 5 to $22.50 a share on the panic-stricken liquidation of a large army of speculators through- out the day. Measured by the Associated Press average 20 leading industrials ana 20 leading ralls,. which dropped $9.45 and $4.38 respectivaly, it was one of the quickest and most dras- tic shakeouts inf redent market his- tory. Total sales of $5,422,200 shares were more than a million shares above yesterday's total, but still well below the' record of 6,- 942,6500 shares established on November 23. Money Goes Up Marking up of the call money rate from 9 to 12 per cent, the highest in eight years, started the flood of selling orders which mater- fally cut down or wiped out the paper profits of thousands of small traders and left countless others with large losses' staring them in the face, Many of the gains of the last three weeks were wiped out in the last hoyr of selling, Deluge of Selling The market opened irregularly higher, with a sprinkling of issues running up $6 to nearly $16 » 'share before midday. Call money renewed at 9 per cent., ond the fin- ancial tickers reported that funds were plentifcl in that the rate prob- ably would work lower later in the day. No such hopes were enter tained, however, in honking quar. ters. Instead of going down, the rate started to go up. It was ad- vanced to 10 per cent. shortly after middy, to 11 just before 2 o'clock and thence to 12 in the last hour of trading when the deluge of selling nearly swamped the brok- ers on the floor of the gxchange. / Ticker Behind The ticker which had been keep- ing pace with the market until ear- ly afternon, fell 24 minutes be- hind just before the closing of the final quotations until 58 minutes after the close, Despite the heavy liquidation of stocks that has taken place this week, the New York Federal Re- serve Bank announced an increase of $104,690,000 in brokers' loans after the close of the market, bringing the total to another new high record at $5,394,690,000. SAVINGS DEPOSITS INCREASE, Ottawa,, Ont., Dec. 8. -- Increase in the total amount of current and savings deposits held by Canadian Banks is shown in the statement for the month of October issued from the department of finance yes- terday. Current deposits were $716,667, 806, $63,661,193 higher than at the end of the previous month, Saviyes deposits showed on in- creage of .$26,780,783 over Sep- tember and totalled $1,611,696, 332, Current loans held by banks in Conada showed an increase of more than thirty-five million dol- | lars while call loans held in Cana- da were on the increase and those held outside on the decrease. eT , Ee CE AA ' SToBIE-FORLONG . STOCKS BONDS GRAIN as Office: Retord 5 STEMS ut en 11 King Strect East, Oshawa Phones 143 and 144 = Abeve C.P.R. Ofies A.L. HUDSON & CO. NEW YORK STOCK EXCHANGES CHICAGO BOARD OF TRADE WINNIPEG GRAIN EXCHANGE STANDARD STOCK and MINING NEW YORK PRODUCE EXCHANGE (As'ss NEW YORK CURB MARKET (Aste) ° ' ATi, CE SA ons ALL OSHAWA, ond' ONT, STATES Osha Office "Yimes Building Telephone 271, Resident Manager: C. N. HENRY pt An Investment Preferred Stock (With Common Stock Bonus and Warrants) BURNS & CO., LIMITED 6% Cumulative Preferred Stock Dividends ble Ist January, April, July and October by pod a any branch of te nadian Bank of Commerce in Canada (Yukon Territory excepted). PRICE: 100 and acorued dividend, ylelding.... 6% Each Preferred Share carries a bonus of ¥ share Common Stock, and a Warrant to purchase 14 share of Common at $30 r share, to be exercised after | July, 1929, and on or before 1 July, 1930. Burns & Co., Limited, operating chiefly in Weatom Canada, has wi shown a record of steady business exp ory fits from r to r. It owns or controls 6 Packing , 17 Wholesale Fruit Depots, 92 Retail Meat and Pro- vision Markets, a large number of Creameries and Cheese Factories, Ice Cream and Milk Distribution: Plants, and other valuable rties. Earnings for the year ended ber Sist, 1927, showed preferred dividends earned by a substantial margin. Earnings for the current year to date show an increase of 30% over those for the corresponding period last year. These Preferred Shares carry our recommendation. Fully descriptive circular on request. Dom iINION SECURITIES CORPORATION LIMITED Established 1901 E. R. Wood, President Head Offic; TORONTO, 26 King Se. & tative WINNIPEG VANCOUVER Bima. MONTREAL F. J. REDDIN, Re; Telephone: 26 ATHOL supremest pleasure NEW 4-Wheel Brakes The NEW CADILLAC Zhe NEW LA SALLE and NEW FLEETWOOD BODY CREATIONS MOTOR CITY SERVICE Limited . ANDREW MOFFATT, President WEST OSHAWA