PAGE TWO T CANADIAN BTATMAN, BOWMANVU.LE. THURSDAY, FEBRUARY 11, 1932 BOA1WDING MONEY Nothing more enligbtening, in the way o! an address, bas been heard in Bowmaville for saine monîlis than Ibat wbich was delivered by Prof essor B. K. Sandwell aI the Men's Canadian Club lasI week. one tbing that struck 1the mai ority Of bis listeners was the iucid and clear explanstiOr O!f1the causes and cures o!f1the present depression, and none who heard him couid believe other Iban Ibat 11e had bit 111e nail right on 11e bead. i1115 remarks, Professor Sandweli showed thal 1the United States, hoarding close 10 half the avialabie gold in existence, had the most unempioyed and were suf- fering 111e greatest o! depressions. Here was a nation, with more money than il knew what 10 do with, Who was still grabbing for more. and yet millions were out of work and thousands starving. Il la a queer situation, and as 1the speaker said, 1ha1 gold migbt just as well be sunk into1the deepest deplhs o!f111e At- lantic ocean for il is doing no goodI where Itlisa. The great greed for goid bad made t11e United States refuse 10 take war debts and reparations in other than bar gold wllh 1the resuit that between that country and Fvrance tbreequarters o!f1the worid's gold was boarded. Thie other na- tions, ali owing millions o! dollars. had oniy three billion le! t between thein wth wich to pay these debts, which was botb a physicai and a moral lmpossibllity. And so 111e de- pression la in full swing and mil- Ions are suffering through th1e sel- f isbness o! the few. Does 11151 not strike home ta those who are re!raining f rom spending at Ibis lime, Ibal lhey, and they alone, are 111e cause of 1the depression. Cannot lhey realize thal each dollar they spend is help- Ing to bring back prosperity, andl th1e more dollars they spend 1the' qulcker prosperlly will return. Mer-1 chants i Bowmanvllle are offering1 V'today goods aI 111e lowest prices1 since 1the 10w price levels o! 1896,j and lhey invite you tbrough the1e coflumns of Ibis newspaper 10 shop1 with thein. Five dollars spent wilh1 a local merchant wili gain for him a small profit, will pay bis help, wbo hI urn bave to buy 10 live. Il will pay bis whoiesaler who in turn wili pay the manufacturer, who in turn again wlllhave more money avail- able ta manufacture and ta manu-1 facture be must hire labor, and so1 th1e cîrcle la completed. The work- Ing man la again aI work and you are not asked ta contribute 10 Ibeir support. INDIGENT PATIENTS The question o! indigent patients la one that la taxing 1the staying powers o! many hospitai boards throughouî Ontario, and f rom 1the statement made by 111e secretary- treasurer o!f111e local hospital re- centiy, il can be gathered Ibat theur present a big probiem bere. The trouble is Ibat il la quite bard to define wbal an indigent patient is, and as 1the Fergus News-Record says Il la up 10 1the Governinent 10 place a clause in 1the acl def ining th1e in- digent. As th1e malter now stands a patient can enter th1e hospital and announce their inabiity 10 pay, and Il will prove bard for any bospitli to, prove otherwise. The hospital la then forced 10 use 111e funds pro- vided in 111e Town Council annuai grant o! $1000 wbich proves o! lit- lie extra help ta 11e hospitl if 111e Indigent patients become very nuin- erous. Il is our belief thal Ibis question o! *indige4t, patients should be thorougbly investlgated and 111e governinent sbould be pelilioned 10 insert a clause defining an indigent. Once Ihis definilion la availabie 1the bospitals will bave some idea o! wbat they have 10 f ace, but until then 111e question is a bit bazy. Whlle we belleve thal a thorougb check-up sbouid be made, and those wbo are able 10 pay 1e made ta psay, we do not approve o!f1the systein used in Trenton wbere t11e Courier- Advocaîe lasI week publisbed a long lisI o! indigent patients froin Tren- ton aI 1the Belleville Hospitl.DI- cluded in t11e liat la 1the amount o! th1e bill rendered. This seema ex- tremeiy unnecessary and unkind. Il la bard enough 10 most people 10 have 10 admit thaltbey are unabie to psy their hospitai accounl wtb- ouI t11e news being broadcast. Per- hapa the Courier-Advocate belleves that by Ibis systein they will de- crease th1e nuniber o! indigent pat- lents, as many wiil force Ibeinselves to psy accounts Ibal they are un- able to psy rather than bave their naminh e press as an indigent. It seems 10 us rather a mean ad- vantage to lake, and wbile Il mlght be a good Idea as far as those who ae puttlng l over th1e munlclpailty are concerned, ll Io a pity that th1e tl ti a ti ir w ai ti il fi C( NE WTON VILLE The annuai meeting o!f1the new United Church aI Newtonvilie was beld Wednesday evenlng, January 27111, at 8 p. mn. in 1the basemenl. A good representation o!f111e congre- galion was present with Rev. Thos. Wallace, 1the pasîor, in 1the chair. ~Splendid reports froin 11e different organizations o!f1the churcb were given by th1e secrelaries. The pas- lor and congregation bave very great cause for thankfulness for 1the splendid progress made in every de- parîment o!f1the church during 1the past year. AiIhougb 1the congrega- lion began 111e year 1931 with 111e handicap of baving tb rebuild Ibeir church (wblch was burned In th1e fail o! 1930) 111e task whlch seemed aimost an liposslbillly, bas been compleled wllh most wonderfui suc- cess. The ttal cost o!f111e new churcb being a lutIle over $9,300.00, and wth only an lndebtedness o! $1,200.00. The recelpts for 1the year total $12,057.57; expenditures $11,- 564.41; ieavlng a balance ithe lreasury o! $549.16. Well done, New- tonville! Wm ILalng, Secretary. lîl names of other unfortunate andre 1spectable citizens must be held Up >before th1e public gaze lust because 1they bave not prospered to the ex- itent others bave. THE EXCEPTION TO TUE RULE There la an oid saying that birds 0f a feather flock together whicb may or may not be true. However, there is an exception la every rule and both th1e rule and tbe except- ion were plain 10 observe aI the meeting o! the Men's Canadian Club last Wednesday. Between courses, giancing around th1e tables, one could not heip but notice the divers- ity of professions represented at each. Two doctors were sitting 10- gether and in earnest consultation, but o! tbe severai theologicai gradu- aIes present, no two were sitting aI the samne table. At one table, thal was perbaps more diversified than any, were a bank manager, a den- tist, a burser, a minister of tbe gos- pel, a barrister, a fariner, and a re- tired milltary officer. At the head table, while not so dlverslfied, were a minister, a druggist, two factory superintendents, a custom's officer, a prof essor, and a doctor of philoso- pby. Exoept for th1e two doctors there was oniy one other instance in support of the rule and that was a table at whlch sat men, no doubt of diversifled professions, but everyone 0f them bsiled from Newcastle. 1 THE 0WD ORDER CHANGETH Il was no doubt with a tmnge of regret that some o!f1the older citi-1 zens read in last week's Statesman o! th1e amalgamation of West Dur- hain and Clarke Township Agricuit- ural Societies. Those among us who have !ollowed the bistory of this Society for two or three score years wiil be sorry that ils historic naine wili no longer continue 10 play a part i the agricullurai 11f e 0f Dur- bamn County. There la no doubt that th1e society has played a very important part in the life of local people for many years, but during the past haif decade it bas become% more apparent, especiafly 10 11105et wilb whom th1e management was entrusted. that th1e lime was comn- ing when West Durham Society would cease functloning. Ils very age and ils pasl useful-c ness may cause a few 10 voice op- potition 10 the move for amalgama- lion, but th1e Society, like Bowman- ville Fair, must make ils bow for th1e lasI lime and make way for th1e modern trend of lhings. Bowmanville Fair and ils sponsor-U ing Society, la like the oid cbugging 1 two-cylinder automobile of 25 years is ago, which bas bad 10 make way forn :he more advanced modela, and 10-n lay would be about as much use in a th1e worid as a fur coat 10obGandi Iý in his native clime. And so il la r wit11 the oid Agriculturai Socieles t Lnd local Fairs. Tbey are now of si the pasl and are being superseded c( by 1the larger provincial and counly t fairs. Just 110w long il wiii be be- w fore ail fair boards in Durham p: County merge 10 make a Durham bi County Fair is bard 10 tll, but wew believe Ibat il is wilbin sight and 1It *efore many years this end wiii 11e a accompiished. Il is strongiy advised eý by th1e Department of Agriculture S î11o bave made a speciai sludy o! ij the subjecl. In the pasalng of 1the West Dur- e: d( hai Society we must not forgel ta hý honor Ibose men wbo made th1e soc- n ity a succeas for 63 years. Nor la must we forgel 1the part il bas play- ti. eintecommunity 11f e. In th1e amalgamation we take Ibis oppor- n( tunily o! wlsblng th1e new Durhanmes Central Agricullurai Society, suc- C; ai essor 10, two noble bodies, successt in ils new work, and may lt be the oi If one man conquer ln baIlle a ,ousand limes ten thousand men, Md If another conquer blimself, 11e s1the greatest o! conquerors. PROF. B. K. SANDWELL AT CANADIAN CLUB (Continued from, page 1) er and lecturer. He is aise suthor of '"Handicraf ta in Canada" which la 10 appear Ibis year. The speaker excused bimself for bis versatile career, but stated that he was o! the type that became in- terested in something new and le! t everything 10 make a lborough study f or a f ew years o!f1the sub- ject. Bis chie! interest in life efw were certain economic probiema that affecled Canada and th1e wboie world, th1e Gold Standard. Some montha ago England went off the Goid Standard, and wblle Canada did not admit it, il 100 wenî off sbortiy a! 1er. If you don't believe lis, 11e said, just remember that the Canadian dollar is oniy worth 86e in the United States and that proves il. Speaking of the depression, th1e speaker said be hated thal word. In any case il was not a depression Ibal we were suffering froin, be said .iocuiariy, il was just the smailest boomn in the bistory of the worid. Avoiding very carefully th1e use o! tecbnicai terms and abstract meth- oda of reasoning which are usually associated wilh discussions on mon- etary probiems, Mr. Sandweil gave an interesting account of 1the Goid Standard, expiaining 1the difierence between gold, the effecl of goid on price levela, and as a commodity and as money, particuiariy 1the e!- fecl 111e hoarding of gold in the Un- ited States and France had on 111e rest o!f1the world. The entire amount o! goid exist- ing in th1e worid today, 1the speaker claimed. was il billions of dollars, while th1e total indebledness of 1the deblor nations to the creditor na- lions was just double Ibat amount, 22 billions. The hoarding o! goid had Ibis effecl. The United States by ils contmnued relention o! goid bad amassed the huge amount o! 5 billions out o!f1the 1l, wbile France !ollowing the self saine praclice had hoarded close 10 3 billions, leaving a litIle over 3 billions 10 divide be- tween t11e other nations of 1the worid. As 1the other nations are most 1the debtor nations lhey have but 3 billions 10 psy off debîs total- iing 22 billion. Any person may see by Ibis thal il is impossible. The only solution 10 111e probiem is for much useto 111e world there as be- France and United States 10 stop 1the boarding o! goid and to accepl payments o! debts in goods, or can- cel 111e debîs compietely. Itliooked 10 1the speaker that 1the lime wouid be exceedingly short before 111e deb- tor nations repudiate their debîs in any event. The study made by ec- onomisîs reveaied very piainiy thal if 1the United States wiii not accepl 1the paymenl o! debîs in other Ihan goid, and theY have owing tbein many billions, Ibese debts cannot be paid with a bare 3 billion 10 pay them. 0f course an increase in t11e world's suppiy of gold wouid bave 1the effect of aiding th1e situation but 1the probabilities would be Ibat any new gold would not come int th1e possession o!f1the debtor nations wbo need il most. The speaker expiained lucidly 111e cuantity theory of money, illustrat- ing very clearly 110w an increasing cjuantity o! gold is required 10 keep up an increasing volume o! world gold. One o!f1the mosl interesling o! bis statements was that concerning bi- netailisin. Il was 1the beiief o!f1the speaker that silver would neyer be used as a joint standard with goid. Hie saw insurmountable difflcuities n 1the way o! nations agreeing per- manenlly upon a fixed ratio be- tween goid and silver, and 11e d.id not think thal an organizalion such as th1e League o! Nations or th1eDI- ernational Bank wouid preserve 111e ratio even Ihough a temporary agreement were enlered int be- ween aill1the great powers. The uppiy and demand was bound 10 onalitute 1the ratio o! value. The speaker was willing 10 admit that there was f ar more goid in th1e worid today than there was when prices siumped 10 10w leveis in 1896, ut one Ihird o! Ibis goid is not working, providing work and wages for men, but is being hoarded up. It might just as weii be taken ouI in aboat and dropped mb 11the deep- BsI part of 1the*Atlantic Ocean, th1e speaker said, for il wouid be as much use 10 1the worid there as be- ig boarded. Talking of war debts, th1e speaker icplained Ibat nothing had been Jone about them yet. Arrangements âave been made aI variaus lreaty îeetings with 1the resuit that cer- bin payments were scheduied. li rie case o! many o!f1the nations, in- Luding Germany, when their sched- led amount came due Ihey gave a ,oIe for il and just paid 111e inter- DsI s0 Ihat when 1the next year« ,aine they had two aniounls 10 meel 3nd again they gave a note and paid be inleresî and instead o! getting DR. BIRKS SPEARS ON SINO-JAPANESE SITUATION AT ROTARY (Continued from page 1) and only around the coast are smal areas of fertile and arable land. To adequateiy care for their 64 mil- lion mbhabltants in Ibis area la near- ly an lmpossibity and the Japanese naturaily look 10 some allier place in whlch to place their ever growmng population. Their rxghts in Man- churna gave tbem an opportunity of Preparing that country for a part of tbe Japanese Empire. In Japan there was a iack of f ood, minerais, wbile China bad everything tbey needed aiong that lune. Wben the Japanese 100k over th1e control o! tbe Manchurian raiiways tbey made a great succesof Ibein and the Chinese turned ionglng eyes to Manchurla and its raiiway system. Internai affairs in China tended 10 make tbings worse. North and South China aiways at war endeav- oured to unite and in this th1e Jap- anese saw a danger and strongly op- posed the union. To protect their own interests in China tbey sent ov- er troops, wbich raised th1e ire of th1e Chinese 10 a considerable pitch. An anti-Japanes boycott waa insti- tuted. If one couid imagine wbat a boycott would mean between Can- ada and the United States they wouid understand what a mean and aggravating situation it brings. Chinese merchants in Manchuria refused 10 handie Japanese goocis and should a merchant dispiay Jap- anese goods tbe goods wouid be seiz- ed and a parade througb the city started as a demonstration of 1the boycott. It was in one of these Parades in 1925 that a Japanese was kiiled. That added furtber sparks 10 the aiready inflammable situa- tion. Turning b Shanghai and ils con- nection. Dr. Birks reiated Ibat the citY was dlvided. There was a sec tion containing a very heavy popu-1 lation whlcb was known as th1e Chinese city. The British bad a section, as did also th1e Unitedi States, France and Japan. This1 section was known as the interna-i tional settiement and il had its own1 municipal government and police force. Under this arrangement th1e city was a neutrai power as regards trouble wlth other nations. Ini 1925 wben the Japanese was killed in th1e parade tbe Chinese leaders o! the parade were arrested At AI1he conclusion o!f1the address several members 100k advantage o! th1e opportunity o! asking Dr. Blrks questions regarding Shanghai and Manchuria. Rotarian Frank Wil- liamns expressed 111e appreciation o! 111e club 10 Dr. Birks for his f ine address. SPARLING MISSION BAND The regular bi-monthly meeting o! 1the Spariing Mission Band was beld in Trinity Sunday school room on Monday aflernoon. Mrs. B. M. Warnica was in charge. The meet- ing opened by 111e singing o! a bymn, th1e repeating o!f1the Lord's Frayer and anoîber bymn. The minutes o! 111e lasI meeting were read by Paul Symons. Il was decided 10 boid an Easter concert and aiso 10 gel cor- respondence carda. Ray Richards and Kelvin Symions read stories o! the Korean Mission fieldis. Meet- ing closed by singing a hymai and with prayer. Insurance in Force Assets Total Inconie Dividends to Policyholders 1921- 1926- 1931 $200,402,505. $361,166,647. $542,449,546. $37,327,381. $67,643,709. $1 15,527,218. 19,557,325. $18,667,904. $29,215,949. $467,297. $1,327,788. $3,450,290. TH E MANUFACTURERS LIFE ]INSURANCE COMPANY ESrABLISHEo 1887 HEZAD OFFICE - TORONrO, CANADA C. H. DUDLEY REPRESENTATIVE BRANCH OFFICES IN CANADA.'UNITEO STATES. GREAT BRITAIN. IMBIA. AFRICA. ASIA. JAPAN. PH ILI PPINE!ý. bNAWAII,IWWST INDa. CENTRAL AND SOUflf AtAEICAî and iodged in Jail. This ---aned the Chinese who immediately 1115-I tuted a boycott agalnst the British. By careful handllng of the situation the British were able to overcome tis hatred of the Chinese. During the time of the boycott however, the Japanese boycott was aimoat for- gotten, but as the British boycott subslded the trouble with Japan broke out anew. Japanese in Shang- bai feared for the safety of its citi- zens and the greatest part of the trouble ensued when violatmng the neutrality of Shanghai the Japanese landed marines ini the clty to pro- tect the interests o! their country- men. The marines started to dlean up on the Chinese who were caus- lng trouble and litIle wars ensued in the city. This spread into the In- ternational section and the neu- traiity of the city was at stake. The figbting at the present turnej la soulli of the Wbangpoo River but witbin a few hundred yards of the British Consulate. The situation is such that il would not take much to invoive ail oliier nations with settiements in the city. Had the Japanese not ianded the marines there would have been no trouble, the speaker said in conclusion, but the other nations interesled ini the International city are flot going to let the Japanese gel control o! the city wbicb controis practicaily ail the trade with the vastiy populated China. ChriWlies manandpuiy rSh MWR mODAn nets and fine flavor. FE- There is nothing repuisive in Mill- They can bet horougliy depende, er's Worm Powders, and they are as upon to clear ail worms from t1 pleasant to take as sugar. so that system. few children will refuse them. In Worms in children, if they be not some cases they cause vomiting attended to, cause convulsions and through their action in an unsound often death. Mother Graves' Worm stomacb, but tis is only a manifes- Exterminator will protect the child- tation of their cieanslng power, no ren fromn these distressing afluct- indication that they are hurtfui. 1 ions. f WR iTÉ FOR COPY OP ANNUAL. fREPORT ~I (Pan q1« o HS in YO UR ~ AUTOMOBILE? PRODUCFD IN CdNdD.d GAIN you count upon 100,000 miles and more of fine, dependable perfor- mance, knowing that your car lias a 24-year record of ju.st sucli performance A Record of Steady Progress "It's Lucky you have a Telephone" Jim Ross badn't noticed the broken fence until bis favorite roan mare got caught in the barbed wire and cut ber Ieg. It didn't seem a bad cut at first, but blood poisoning set in and jini thought he was going to lose a valu- able horse. A hurried telephone cal brought the veterinary surgeon. "I tbink we can save her, jini," the veterinary said, "but another couple of bouts migbî have been too late. It's lucky you have a telephone."1 «M MfflàâýfW ability? NEW McLAUGHLINoBUICK 1Vcfftt NIoto>rSI U8 SIMCOR ST. NORTH. OSHAWA 9 M8-20 PAGE TWO THE CANADUN STATMDUN, BOWMANVMLIC, TEMfflDAY, FMBRUARY 11, 1932 "«Christio's" have always been Canada's favorite Soda Wafers, ever since they were first made, because of the ir