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Oshawa Daily Times, 2 May 1930, p. 4

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kid Ld La Yh hE Delivered by carrier, 15¢ a week, By mall THE OSHAWA DAILY TIMES, FRIDAY, MAY 2, 1930 : Oshawa Daily Times i ged Succeeding HE OBHAWA DAILY REFORMER io (Established 1871) WY ee in Canada. Sounia Oshaw: " | representative, s a carrier | a year; United States, 95, 8 year, TORONTO OFFICE 518. Bond Building, 66 Temperance Street, Telephone Adelaide 0107, b. D, Tresidder, IN U.S, i REPRESENTATIVES + Powers and Stone Inc-, New York and Chicago Erin v FRIDAY, MAY 2, 1930 . MR. DUNNING'S BUDGET 'The budget introduced in the House of Commons yesterday, by the Hon, Charles : Dunning, followed, in a general way, the lines expected. It is, as was anticipated, an election budget, and from that standpoint it might be considered a budget which has in mind the greatest good to the greatest numbers, Certainly it has developed lines of thought which are somewhat new to the supporters of the government, and particuls ow ideas which have not, in the past, been ded with. much favor by the Progres- sives from the west. Mr, Dunning, for in. stance had deliberately set himself to meet many of the demands of the critics of the government's tariff policies, possibly with a view to silencing these critics, and helping the cause of certain Liberal members whose constituencies have suffered somewhat from these policies. "iin The financial position of Canada, as given in the budget speech, continues to be satis- factory, in spite of the fact that*there was a decrease of some $14,000,000 in ordinary rev. enue and an 'increase of $22,600,000 in ex- , penditures, In spite of this situation, Mr, Robb was able . to announce a surplus of $44,000,000, It is to the credit of the gov- ernment, too, that Mr, Dunning and his im- mediate predecessor, were so able to man. age the financial affairs of the country that $80,000,000 of loans, part of the national debt, were redeemed during the year, this meaning an annual saving of $4,200,000 in the interest being paid by the country, Since the annual interest charges which have to be met by the finance minister now amount to $112,900,000, every reduction of even a few million dollars in this amount means a saving to the people of Canada, Canada is fortunate indeed that, in spite of the condi~ tions with which the country has been faced, its financial position still stands at a high level LJ LJ - . Mr, Dunning went to considerable length in his explanstion of the trade situation with which Canada was confronted during the last year, Outstanding is the statement that for the year Canada had an adverse balance of trade amounting to $108,000,000, It is quite possible, of course, to give reasons for this, and Mr, Dunning did so, the chief reason given being the decrease in Canada's ex- ports of grain, The export of grain showed a decrease of $248,000,000, while flour ex- were down $20,000,000 and dairy. pro- exports reduced by $8,000,000, Taking oe decrease in grain exports alone, this fac. produced a falling-off of $140,000,000 than the unfavorable Hide hulance " imports and exports, so that the grain can very well be blamed for the situation changed situation, is, nevertheless, in spite of all ex. ong, the disquieting factor that in the fiscal year, Ganada ht from other cuntries $108,000,000 worth of goods more than she sold to other countries, The de- An ex an explanation o ' ay fo ore n in business in this it for granted that the grain situation was responsible for the de- crease in exports, there is still the large hy imports to be taken into econ- rs during the last year. This Is particu true of the provisions for the termination of the New Zealand trade trea- ty, the provisions for increased tarifts on certain agricultural products in certain cases and the Increased tariffs on steel plate and structural steel, Particulaarly Important Is the provision for the reciprocal raising of tariffs imposed against countries which have tariffs high- er than those at present effective in Canada, This, of course, is the government's reply to the higher United States tariffs on agri- cultural products entering that country, since it Includes butter, potatoes, soups, live stock, fresh, cured and pickled meats, eggs, oats, oatmeal, wheat, wheat flour and rye, The new tariff principle, on the face of it, is that the Canadian tariff against exports In these classes shall be the same as those im- posed by other countries against Canadian products, That sounds like a falr and reasonable proposal, It is a measure of reciprocity which will satisfy those who have demanded that the Canadian action in reply to the higher United States tariffs shall be an eye for an eye and a tooth for a tooth, But it is going to be hard for Mr, Dunning to re- concile these changes with the low tariff views of the western supporters of the gov- ernment, who have, in season and out of season, demanded as near as possible to a measure of free trade in the Canadian tar- iff structure, The increased tariffs on steel products were expected in view of the exhaustive in- quiry into these schedules made by the tar. iff board, These are intended to stimulate the steel industry, and will be found particu- larly helpful to Nova Scotis, and, possibly to northern Ontario, * LJ LJ J Another outstanding feature of the budget is to be found in the wide extension of the British preference. This is plainly a gesture in favor of the wide extension of inter-Im. perial trade, and should be received with much favor in Great Britain, These new preferences, it should be noted, are divected largely at articles not manufactured in Can- ada, so that they should be of benefit, not only to Great Britain, but al#o to this coun- try. This gives the government a splendid program with which to go to the Imperial conference this fall, should it still be in power at that time, It opens up the way for further preferences on the part of other nations within the empire, to create recipro- cal preferences to Canadian goods, and gives the government's policy a note of trade de. velopment within the empire that will make a good election talking point, J » LJ * The other changes in the budget, respects ing income tax, sales tax, and other direct taxes, are about as expected, and are tended to relieve business generally from some con. ditions which have been burdensome, The sales tax is now down to one per cent, and in another year, in keeping with the policy which has been adopted by the government, it will disappear entirely, * LJ » » On the whole, the budget is one which will arouse a good deal of keen debate when it comes before the house, although Mr, Dun. ning has done his best to disarm the opposis tion by doing the things which the Conserva- tives themselves might have been expected to do and the things which they have been rg Tae is a good election budget, and it will'be interesting to observe4he line of attack upon it that is followed by the opposition, EDITORIAL NOTES Dream and deed are never disassociate for & moment.--Benjamin DeCasseres, The reformed churches cannot be said to recognize the pursuit of holiness as an ade- quate career.~~Dean Inge, TT --" It is a horrible fact that there is no gréat nation that has attained freedom except by war,--Susan Lawrence, The world has become astonishingly safe for loose talk.~Alanson B, Hughton, Eating when one is hungry is always en. Joyable,~Bernarr Macfadden, 2 Getting married cautiously 1s no safer than being a cautious automobilist in a swarm of traffic.~Rupert Hughes, Every idea Shanges in accordance with geography. --Andre Maurois, : Knowledge is a fine thing, but if It goes toward age ng an intellectual snob it. dev feats its own purpose.~Booth Tarkington, Success has killed more le than bul. lets, ~Texas Guinan, eo oy "The Government neve I t lh r really goes into "The forces of man.--Herbert Street cara equi with tables h A aH equ pped os have been at Peipse. This wouldn't ve been a bad idea for the belt line cars Hoover, 'en' route. 5h for it never mi yo | Thomas Blut. akes ends meet nature discriminate for no || The Christian's H Other Editor's Comments TCH MEN AIDING JUBTICR (Bt, Thomas Times-Journal) Business men, noticesbly fu Chi eago and Kansas Clty are bending thelr efforts towards cleaning up thelr cities and restricting the erations of the, kiduapper snd rae steer which welgh so heavily upon sommwaree and these therein engag- od," In Chicago, where this clean~ up, campaign has been in progress for some time, the results so far are sald to be very encouraging. There is no doubt that a determin. od aggregation of business men, well financed and unentangled with ward polities, who can operate without fear of stepping on some political toe, is able to necomplish many things, with which the regu~ lar forces of law and order are impotent to deal, Ee SHOULD BE UNIVORMITY (Brantford ¥xpositor) Kitehener will. probably decide to commence daylight saving on June 29, or seven days after Brant. ford while other places have selects od dates, thus contributing to the general hodgepodge which will he still further accentuated hecause tourist travel will he on the sav- ing time-n wi mE wyhrdl vhgk ing schedule, All at ona time is the sensible Old Country plan, ADVERTISING AND TRADE (London Dally Telegraph) Bold and scientific publicity In foreign countries has been of in onlouable advantage to our prins olpal manufacturing rivals, British advertising experts, If their ser. vice were enlisted for the purpose, could do. as well, We are not yet making the fullest use of an in« strument of commerce of which we all recognize the supreme imports ance, Advertising is like Insurance in that at one time it was shorts sightedly regarded as au dubious form of husiness, We shall not be completely equipped as a trading community until the one is as un- hesitatingly employed as the other to the utmost extent of its possi- bilities, LELAND G. SWARTS, EDITOR OF THE PENSACOLA (FLORI. DA) JOURNAL SAYS; That modern newspapers must look to the future and consider the speed of the times Radio, Whevislon and ghia yA revolution newspaper prac n the next desade or two, If news. papers do net keep ahead of the times they will wake up some day and find themselves where the talk: loa put the silent Alms, News transmitted by radio and set in type by an automatic linotype ma- chine direct from the radio waves is a possibility of the future, Airplane delivery is inevitable, Television may bo a competitor of newspapers, When aviation cut into railroad passenger revenue, smart railroad men arranged for airplane lines to hook up with fast trains Smart news. paper men may have to do similar things some day to turn scientific progress te the advantage of news. papers, rather than to competitive disadvantage, NEWSPAPERS THESE DAYS H U CONTINUE THAT LEADERSHIP, | AM CONFIDENT THEY WILL BECAUSE NEWS. PAPER BRAINS ARE EXCELLED BY NONE, Bits of Verse THE BEGGAR 1 aw or hobbling down the street, oday, A weary woman, crippled, old in years, Half-starved, and cringing, on her lonely way, But in her faded eyes=no trace of tears! Her shan of lifee=scarce longer will as t And yor "with faltering step, whe wanders still, Unloved, forgotten==sad relic of le Pastem Tossed by the tide of Fortunge at ita willl Embltter'd memories, crowd over her : n Aud ry hope for present bliss an flown Adrift, so helpless, in this world, uae i 'She stumbles down her fated path «alone Jack Bell, aged 16, Hamilton, Ont, TI AIT ------------ saved by hopet but an h boun a not hope: for what a man seeth why doth ho yet hope ford But if Ae hope dor that we Ana ty thea owe ence wa Romans Nia, a here, Just of 3 3 "ora think A hice game of bridge J dive fot tant Passi flame, ut whelly Tean on Jesus' name, EDITOR DEPLORES U.S. TREATWENT OF CANADIANS United States Teri Costs Canada Big Loss of Export Trade r-- Washington, D.C, May, 2-"We in Canads do not feel you ure treats ing us ns u big brother should," said J. H, Woods, president of the Cane adian Chamber of Commerce, yesters day In addressing the Chamber of Commerce of the Uited Satesn Mr, Woods, who is editor snd manugin director of the Calgary Herald, had outlined the growing economic impor- tance of Canada, mentioning the 52 per cent, Increase in the Dominlon's volume of trade between 1913 and 1927, the control by Canadians of their own industries and the share United States capital Is now taking in the development of Canadian re~ sources, In dealing with the relations be- tween the two countries, Mr, Woods suid: "Personal relations between us arg so complex, su bound up in affection and Interest alike, that Cane uda and the United States often seem almost like one people. And yet, in your manipulation of your customs tariff, in your insistence, hers and there, upon points which appear to be In your own Interest, 1 am afraid you do not always treat us as one equal: should treat another, Your attitude sometimes, I think, falls to take Into secount the fact that we are your largest customer, your nears ont heighbor, your colleague in mod« ern industry and your best friend among thie nations of the earth, , 8: Tor While Mr, Woods thought It would be difficult to guage accurately at this time the effect of the new United States tariff he quoted one estimate that its future operation would cost Canada $75,000,000 a year In loss of export trade, "This may not seem a great deal to you," Mr. Woods added, "but to # country which buys from you about $800,000000 worth of goods a year and which, at present, only sells to you about $400,000,000, the cutting off of almost 20 per cont, of the trade Is of importance, It is not, how. evar, to the loss of trade that I refer mainly, It is rather to the spirit by which that loss of trade is being brought about." Telling his hosts he thought they would appreciate plain talk so long as it were honest talk, the speaker quoted from Professor Taussig, of Harvard University, one of the fore. most American economists, In a res cent article, said Mr, Woods, 'Pros fessor Taussig wrote "The one ine dependent and self-reliant country for which the proposed increases of duty are not merely a cause of friction but have substantive importance, is Canada, There is no casg in which complete freedom of trade for the staple agricultural products and the fundamental raw materials Is so ful ly Justified as in our trade with Can ada, iv It would be going too far afield to enter upon a detailed dis. cussion of our trade with the Dos minlon; it Is great in volume, mutus ally beneficial if ever a trade was, and politically of pregnant imports ance, For many years we have treats ed Canada much as a big bully treats a small boy, Those Canadians who have championed friendship with us have had no easy task in enlisting their countrymen and our intolerant taritf policy makes it harder and harder for them to preserve the good relations." "Professor Taussig points out," continued Mr, Woods, "that changes which make hardly a ripple in the volume of Imports as a whole are often of vital concern to the persons directly involved, These are strong words, coming as they do, from your | own country, Indeed I could not ens dorse their implication as relating to the Canadian people, Nevertheless we 5 | recognize the assiduity with which four legislators are Shdsavoring to cop Canada from doing business with you except by way of purchase and it would be too much for you to expect us to regard such a situation with either gratitude or appreciation, Strange Reasons "Some time ago your Senate vet. ed to increase the duty on maple syrup on the ground that a grant nade to a co-operative society in Quebeo constituted a bonus on the product, 1 understand it also doubled the duty on ¢lothesping because a Senator from Vermont urged that a factorly in the Province of Quebec was "prepared to flood the United States with clothesping" Think what the United States would look like submerged in a wea of Canadian clothesping! "Forgive this semi-humorous refs erence," Mr, Woods went on, "yet J think 1 am within the limits of mod eration when I say that Canada as a whole in feeling there is an eles ment of Injustice in your somewhat ruthless enactments designed to pre. vent the sale of In your eouns trys We find difficulty in establishes ing any market with you and we are rowing to feel what i% even worse that, if through earnest efforts and sound' modern methods, we cultivate a market with you we will still be in danger of having that market cut off from us at any moment," ners Mr, Woods here asked the ques. tion: "What then is ahead for hv adian business!" Mo pointed to the tpidly growing movement for the cultivation of trade within the Rritiah Empire=a trade which might events ually make the different parts of the Empire independent of the tariff ens actments of ' other countries, This movement, the speaker added, is not merely embroyo, vet it had battles to he fought and natural, hus man prajudices to be avercome, The movement, however, was bound te wrow and the whole Empive=an Ems. pire which in 1927 did 2048 per cent, of the world's total trade as against the United States' 14.31 per cont, in] the same vear=would be strengths ened in a more or loss: exclusive at titidg towards the rest of the world, many § do not think, however, that s wil development of this kind is altogether wise nor do the majority % lane think so," said Mr, , "We believe in Canada that we, slong with you, have a great mis. lon on this continent, & mission which we cannot serve to its utmost, separately, Lut which we may to-| ether fulfil, And ve believe these~ ore, in trade with you, In mutusl finance with ov, in' Intimate soclal' Intercourse with you, In the mutual rowth of sffection and admiration, nowing 1s we do snd as you do the rend of world events we humbly be- hota that we are to you a great and valuable friend, as you have been to us & great and vivilylng example, We come today saying to you: Here ure your friends from Canada; they have some grievances which they think are Just, As they already buy from you twice as much an they sell to you they do not think it fale that your~ tariff legislation should he devoted al. most primarily, 10 a further limita- tion of thelr trade, Yet they come to ou In affection and esteem, acknows Toi that you ure mistress in your own house, They set before you the position and the aspirations of thelr country, aspirations which are solidly eonfined to their development within the British Commonwealth of Nations, and they ask you, as husi- ness men, to glve regard to the fig- ures of thelr progress and to the courage of thelr achievements and to deal with them, as they hope to desl with you, always In a spirit of como promise and falr play, in generosity of thought and wideness of vision, "Thus I believe will you, and Can ada and the British Empire grow to gether In material wealth, but even more In spiritual advancement and in the vast Influence for good which we mutually desire to exercise among the nations of the earth," WE ARE ADOPTING THE HALF HOLIDAY A WEEK PRINCIPLE STARTING TO- MORROW, SATURDAY MAY 3rd--CLOSING AT TWELVE O'CLOCK NOON. This affords our staff a regular weekly recreation time--the same as that afforded the staffs of all other retail merchants, We respectfuly request that all orders for Saturday delivery be placed with us Friday, if at all possible, I Oshawa Lumber COMPANY LIMITED 28 Ritson Road North Telephone 2821-2820 OUT OF TOWN CALLS =~ QUICKER AND CHEAPER THAN EVER He will always SEE you by Long Distance OU can always get a hearing over the telephone. Long Dis- tance commands respect, gets quick ' action, Check over your list of appoints ments; how many of them can be kept by Long Distance ? The ser- vice is cheaper and speedier than ever before! You get down to business and settle matters in min. utes which might otherwise take days. If you will give us a list of the dis tant firms you call frequently we will be glad to fill in the tele. phone numbers so that you may call by number and be suse of speedy service.

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