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Fy COTA 4 Ae ndAN @ RE Col dAWaA LALLY TIMES, THURSDAY, JANUARY 17, 1929 3 The Oshawa Baily Times Succeeding An inde] ent newspaper published every noon Peles Sundays and legal holidays, at Oshawa, Canada, by Mundy Printing Company, Limited; Chas, M, Mundy, President; A R Alloway, Secretary. : The Oshawa Daily Times ts 8 member of the Oana. dian Press, the Canadian Dally Newspapers' Ae- sociation, The Ontario Provincial Dailies and the Audit Bureau of Circulations, SUBSCRIPTION RATES livered by carriers 0c » week, By mail (out Deliv a carrier delivery limita): in the Counties of Ontario, Durham end Northumber. land, $8.00 a year; elsewhere in Canade, $4.00 # year; United States, $5.00 » year, TORONTO OFFICE 607 Bond Building, ua Temperance Street, Tele phone Adelaldo 0107, H. D. 'Tresidder, repro» sentative, REPRESENTATIVES IN 0.8, Powers and Stone, Inc,, New York and Chicago, Ch ,.-]E == THURSDAY, JANUARY 17, 1929 TES GENERAL FOCH Canadians turn anxious eyes toward Paris today where Marshal Foch, leader of the allied armies in the Great War, is fighting his greatest battle--this time a battle for his life. In the home given him by a grateful nation, the man who led the allied armies to victory, a man beloved by thousands be- yond the boundaries of his native land, lies close to death. Today, Canadians turn their thoughts to the stricken army leader, whose stout heart has caused him trouble in retirement, after standing him in such good stead in the long , and trying days of the war, Marshal Ferdinand Foch earned the grati- tude of civilization as the generalissimo of the allied forces and won the respect and esteem of those countries he visited after peace was declared. Here in Canada, his tribute to the Can- adian army will be remembered--it was the tribute of a great soldier to men he had found trusted and true--for this reason, among many others, Canadians regard Foch with feelings of affection. Marshal Foch, much like Lord Roberts in » physique, has many of the characteristics ' of that famous British general, one of these being the faculty of inspiring affection among those with whom he comes in con- tact. The latest news from the bedside of the stricken general gives reason for hope, that, despite his advanced age, his life may be spared for some years yet. Prayers will be offered for this lovable man and great soldier that he may live to enjoy that ease and restful calm that his achievements and his record entitle him to in the evening of his days. THE OSHAWA COLLEGIATE LIBRARY Remarkable progress has been made by the Oshawa Collegiate Library, it is shown by a report on the fall term of 1928 just issued by Arthur Slyfield, school librarian. Of the 819 pupils enrolled in all departments of the collegiate, 642 have joined the library, and the circulation of books from September to December 1928 numbered 4,364. The Oshawa Collegiate Library is unique in many respects. It is one of the two col- legiate libraries in Ontario served by a full- "time librarian, as a recent survey made by dir. Slyfield covering all high school, col- legiate and vocational school libraries shows. "Incidentally, the result of Mr. Slyfield's sur- vey will shortly be published in book form. . 'The library is also unique in that it fur- nizaes the students with a course in the use 0. books and libraries. Each one of the fons in the school gets at least one period per week in the library, the time being di- vided between reading, study and instruc- t.on. The work in library methods extends over iow years. Lectures are given on * scaool library regulations, the value and use 0. sbraries, aim of library instruction, the 2 .angement of books in a library, and the L... of books, ete. 10e eiucient manner in which the Col- legiate Library is being managed is having a worth-wuile efiget in building up in the 1 oris and minds of the pupils a true love i books and a knowledge of books and t_cir care. Not the least tangible result of "the iraining the pupils are receiving, is the fact that 60 per cent of the pupils of the school are building up home book shelves of their own, x The Oshawa Collegiate has without doubt a real vision of what a school library may mean, and this vision is being well worked out. This is another way in which this city is leading Ontario, and the librarian, the school principal, and the Board of Education are to be commended for establishing such a worthy institution as the Oshawa Collegiate Library has become. vv DESPICABLE CRIMINALITY It is hardly necessary to say that every effort should be made to apprehend motor- ists who flee' from the scene of an accident leaving a victim helpless in the road. Such a person offends all sense of decency, He loses such rights as he has: the benefit of extenuating circumstances in the mind of the public. Yet the number of hit-and-run drivers seems to grow constantly and with distressing rapidity. It is easy to understand that for a moment a motorist might be panic-stricken when he realizes that he has struck down a fellow- being, But he convicts himself of coward- ice who yields to panic and flees from the scene, He is showing lack of, rather than possession of the presence of mind which should be required of all operators of motor vehicles: He is worse than a coward who would leave a man, woman or child in dis- tress, actuated purely by cunning and fear of prosecution or punishment. Only crea- tures of distressingly mental shortcomings would be guilty of such inhumanity, but un- happily of such creatures there are many. And there is no way of knowing who they are until it is too late. An appeal to manhood where there is no manhood is futile. So long as there is a possibility of escaping the consequences of carelessness there will be those who will at- tempt it, Society's only effective check is by ruthlessly tracking down the malefact- ors and treating them as dangerous crimin- als, EDITORIAL NOTES There woud be fewer bones of contention if there were fewer bone-heads, Although feminine styles change fre- quently centemplation of them remains con- stant. The old-fashioned woman who used to consult a 25-cent dream book has a grand- daughter who pays $250 to get herself psy- choanalyzed. Another fine thing about rural life is that you can't hear the neighbor's daughters cul- tivating their musical talent. Many cases of real distress are being re- ported to the city welfare department, which is in the competent charge of Miss Farn- combe. The purpose of this department is to provide immediate relief, especially where children are in need of the necessities of life, and then to assist in remedying the conditions in the home and family. Bit of Verse RICH WITH AGE All through our lives we go on gathering treasure, The rich with age, how very rich we are! What memories we have to give us pleasure, Time cannot alter or misfortune mar! A little house amid the grass or heather, That was our father's house so long ago, And there again we all sit down together. Beside the sea or in the firelight's glow. Then our own house, with our own babes around us, This, too, comes vack, however long the years How many nights what phantom shapes have found us And brought us smiles, smiles even through our tears. The little happenings all happen over, The little dramas once again unfold, And bring a memory of even Rover Waiting upon the doorstep as of old. And later years bring later friends and neighbours, : We keep on gathering from day to day. The lowest man amid his hardest labours Looks back at life along a friendly way. How poor the young, their path however pleasant, With much to do and little to recall! The rich with age have more than just the present-- They have the past, the loveliest thing of all. Tit Bits--Douglas Malloch. That : Body of Pours By James W. Barton, M.D. EXERCISE SOUNDS LIKE EDICINE M «I often think that the expression "taking exercise" sounds so much like "taking medicine," that it scares folks away from indulging in what is just as much a need of Nature as is sleep or food, entire body covered with a mass of muscle, it was méant that these muscles should be used, and every other-part of man was made or creat- ed ifi'proportion to this huge mass, There is the strong heart, the large lungs, a big stomach capable of hold- ing enough at one time to do a man twenty-four hours, a long small in- testine, twenty feet in length, to give {the blood plenty of time to absorb all the good or nourishment from the food as it goes along, a large intes- tine, six feet long, to absorb any- thing still worth while, and to be partly a reservoir for wastes. Then the huge liver, kidneys, and a skin with millions of pores, all three of which help to get rid of wastes, But how much work or exercise does the average man give this huge mass of muscle? As Dr. J, C, Elsom points out, "There was a daily regularity in the muscular work of our ancestors, par- ticularly primitive man, but now we are in a state of chronic poisoning from lack of exercise," In other words we eat as did our ancestors, but we do not do the work or take the exercise which they did with "dally regularity." The reason, of course, is that most of us do not have to take exercise, Elevators, street-cars, motor cars, la- bor saving machinery, all make work or exercise almost unnecessary, And yet you and I are built as were our ancestors with a body covered with muscle that should be worked, Taking two simple exercises would poisons and giving that body of yours the foundations of strength. First a brisk walk or a slow jog daily which would strengthen the heart by asking it to send blood to furthest extremities in {increased amounts and develop the lungs by aszing them, or making them, pro- vide more oxygen to purify this ex- tra amount of blood. And the sec- ond exercise would be lying on your back on the floor and raising legs to a right angle position, with knees This would develop the abdomin ' organs in proper position, and the playing of these muscles over the in- testines would thus prevent constipa- tion and poisoning. Surely ten minutes of walking or jogging, and this abdominal exercise, is- not too much to pay for the won- derful results that are obtained. (Registered in accordance with the Copyright Act) WOKAN CHAIRMAN EDUCATION BOARD TORONTO ITY Mre. Fdi'h L. Groves Has Given Her Time And Ability To Education Toronto, Ont., Jan. 17.--Under the caption "Trustee Groves, Chair- man. The Globe says editorially the Board of Education is warmly to be commended for its p~tion in hon- oring Mrs. Edith 'L. Groves by ap- pointing her "Chairman" of that body for the coming year. For ten years Mrs. Groves has given of her time and ability to the city as Trus- tee for Ward 7. In the work of education, parteiularly among boys and girls, her interest is deep and sincere, and her knowledge of the needs of young people is wide. Mrs. Groves has found her chief field of labor among children who through some misfortune have been handi- capped in the struggle of life and might find it hard to get an educa- tion suited to their needs. In tue work of the auxiliary schools of the city she has taken a very personal interest. Mrs. Groves has mot spar- ed herself in her efforts to give to the city the best service of which she is capable. She has travelled far afield studying new methods of education, weighing, considerf:g and adopting such suggestions that might be applied in her home city. By teachers and scholars Trustee Groves is much beloved. Her ap- pointment as presiding officer of the Poard will give general satis- faction. SCOTTISH THRIFT London, Pan. 17.--That the re- putation of the Scot for thriftiness is justified is proved in part at least by the annual report of the Glas~ow Savines Bank. This shows that almost evcry one in three of the population possesses a bank hook. The amount due depositors is $115,000,000 an increase of $5.- 000.000 over the previcus year. The bank has achicved a record in the number of depositors, the volume of business transacted and the amount of th bank's own reserve. CHRIST FOR ALL~ALL FOR CHEM. En COMING HOME -- Return, ye back-sliding children, and I will heal your backslidings. Behold we come unto thee; for thou art the Lord our God. --Jeremiah 3:22. PRAYER--Our Father, Thy heart from Thee. When man was created with his |: go a long way in getting rid of the | Vice-Presidents H. C, COX Canadas Life resident Asura Canada Life Vice-President and Ma Hovonts Seviags and Low Vice-President Toronto General Trusts Vice-President A. B. FISHER Vice President Real Estate Comp G. A, MORROW President Imperial Life Assurance Company WwW, G. MORROW W. §. HODGENS straight, ten or twenty times daily. muscles, and so hold the abdomina' | | | A. H. COX President Secretary: W. J. HASTIE Head Office TORONTO Growth of Paid-up Capital and Reserve - Savings Deposits and Debentures TOTAL ASSETS Ld ' . . 9,674,983.07 Board of Directors National Trust Company, Limited Chairman of the Board Assurance Company LEIGHTON McCARTHY, K.C, nce Company Director pany E. T. MALONE, K.C, Dominion Securities Corporation, Ltd. » Limited Provident Investment Company Office Premises-- Mortgages-- Principal Interest, ..... Bonds of Do- minion of Canada and Provinces, Other Bonds and Deben- Quarterly b the Company's B been the greatest year of LAL in the ASSETS Company's Prope King and Victoria treets, Toronto, ..sesesssssessss $250,000.00 $1,377,963.71 29,374.79 LoansonBondsand$ (All repayable on demand Bonds and Stocks owned tocks2,370,440.05 ) thereof, ..,.$1,492,186,11 . 2,045,489.87 3,096,868,58 A 6,634,544.55 On hand and in Chartered Banks Net Profits for the year, after d enses, Interest on Dep oF Bll 108868. 0000000 sssssssnrnnsssnnsnnss sssensrranss . -- 1927 $3,500,000.00 5,650,134.89 cor, 1,407,338.50 567,714.24 $11,230,037.35 its an Appropriated as follows:-- ivide.ids, Nos. 176, 177, 178 and 179, amounting to 12% on the Company's paid-up Capital Special Bonus of 37 for the year1928., ransferred to Reserve Fund Surplus of Assets over Liabilities to the Public over $4,800,000.00 | CENTRAL CANADA 1928 $4,500,000.00 6,424,502.06 11,230,037.35 1928 Annual Statement LIABILITIES To the Public-- Debentures... $1,412,512,18 Deposits .....ommmmsense 5,011,989.88 To the Shareholders-- Capital Stock (Authorized $5,000,000.) 25,000 Shares, fully paid WPrsess Reserve Fund $2,000,000.00 Dividend, due Jan.2nd, 1929, Special Bon red due Bus 2nd, 1929.... Profit and Loss Account 155,535.29 75,000.00 75,000.00 2,305,535.29 $11,230,037.35 PROFIT AND LOSS ACCOUNT Corporation For the Year ending December 31st, 1928 Balance at Credit of Profit and Loss Account, December 31st, 1927 educting all Management and other ex- d Deb. es, and making provision $367,348.18 $758,035.29 $758,035.29 i -- LOAN AND SAVINGS COMPANY Interest Paid 4% on Deposits ESTABLISHED 1884 Assets Increased by One-and-a-half Millions The Statement of Comparative Figures given below shows the ess during 1928, which has mpany's History. EARNEST ARTISTS GATHER IN CITY OF STOGKHOLN About A Hundred Dur- Schockholm, Sweden, Jan. 17.-- There are 2.000 artists active in Stockholm to-day. About a hundred are added each year. The field is therefore crowded and it is not al- | tor to earn a. livelihood. A Stockholm newspaper has made an inquiry among so © of 1a 11k prominent ariists in the capital fo find, if possible, a remedy to the Isaac Gruenewald, well-known dec- | orative painter, is the young artists | are in too great a hurry to produce. In olden davs th" before they appeared before the pub.ic, whereas now hibitions" crs are held continually. of art galleries in Stockholm. Not long ago artists were on the look- out for a place where they might hang thefr pictures. To-Cey the vast exhibition halls with acres of walls to fill are hunting up the artists. This in turn forces painters to produce more than they should Prof. Olle Hjortzbergz, head of the Royal Academy of Art, feels however that the Swedish art in- dustry which in recent years has 'undergone a renaissance, ahsorbs a great nomber of young artists and the army of idle ; inic.s a & 1p tors in Stockholm is not so large. Brading Breweries Population Increased By | i ing Each Year | | ways easy for a painter or sculp- Hi situation. One trouble according to || of imcomspi-uous paium- fi He also regrets the great number |f is our home and we tannot rest apart 1 mm ---- Standard -- Royalties Limite Income Report January 1st, 1929 Hereunder is a detailed report of the shares sold and the actual income re- ceived for the first Ten Months of the operations LIMITED, Months Operating 413.674 ons 468.265 532 602 .. 704,142 .... 855.377 .... 931.271 985,951 Preferred Shares Issued Actual Monthly Income Received $ 11,661.31 13,099.98 14,069.25 16,712.57 18 002.51 25,248.88 26,073.55 30.822.60 35 250.72 50,000.00 . 985,951 $240,941.38 $ 2,226.50 of STANDARD ROYALTIES Monthly Surplus $ 9434.81 10,515.78 10,926.75 12,575.83 13,319.86 19.922 86 19 031.14 22 268.83 25,938.01 40,140.49 Dividends 1¢¢ Monthly 2,584.20 3,142.50 4,136.74 4.682.65 5,326.02 7,041.42 8,533.77 9,312.71 9,859.51 $5686.02 $184 07536 In addition to the above Income. th: Company received during December $2,410.00 on account of Deferred Paym-nts and Oil in Storage. . STANDARD ROYALTIES now own 98 Royalty Interests on 4.915 acres with 457 Producing Wells, giving an approximate production of 125,000 barrels of Oil per day and 20.000,000 feet of gas. 180 New Wells are yet to be drilled 02 the Leases upon which the Company own Royalty Interests. The Company's share of Oil and Gas produced an Income of $50,000.00 dus- ing December, thereby giving a substantial increase over the previous month. Sinking Fund of 14 of 1°! a month on the issued Capital is being regularly with The Imperial Trusts Company of Canada, as provided in the Charter. The 2-3 Surplus Profits Invested and to be Reinvested in New Royalties amount to $101,000.00. The remaining 1-3 Surplus Profits (earmarked by the Charter for Dividends on Common Stock) and deposited in the Ba-k. now amounts to $49,677.95. On January Ist the Comvany had on hand for Investment in New Producing Royalties the sum of $112,000.00, A. J. Jackson, ' President J. M. C. Hom, Secretary All shaves of Stan ard Royalties Limited have been subscribed for, and mo further stock is availabe for subscription. Fall information will be furnished on request on the New Oi! Royalty Company which is mow being organized. MID.CC NTINENT BOND CORP. Limited 331 Bay Street, CAN DA il