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PAGE TWO THE CANADIAN STATESMAN. BOWMANVILLE. THURSDAV .TTTTV 7t.h~ 1Q'~9 Established 1854 A Weekly Newspaper devoted to the interests of the town of Bowmanville and surrounding country, issued at King Street West, Bowmnanville, every Thursday, by M. A. James & Sons, owners and publishers. The Canadian Statesman is a member of the Canadian Weekly News. papers Association. SUBSCRIPTION RATES Anywhere in Canada, $2.00 a year; in the United States, $250 a year, payable in advance. Single copieb, 5 cents. THURSDAY, JULY 7th, 1932 Report on Waterworks System The Town Council and citizens generally will re- ceive food for thought on perusal of the report of Engineer R. L. Dobbin of Peterboro, on the Water- works system in Bowmanville, which appears In this issue. Many necessary items of work are in- corporated in this report and heed will have to be taken of this expert advice if the system is ever to be placed on an efficient and profitable basis.- There is no doubt that much of the work has got to be clone and clone in a very short time. and it seems that no more appropriate time than the present, with labor cheaper than it has been for years. could be found to start this work. Incidentally it would be a means of providing work for a number of unem- ployed. and again it might possibiy be clnd o w at very littie cost if the Provincial and Fedieral Gv ernments could be prevailed upon to aid this work as a relief measure. Engincer Dobbin reminds the council that now is the time to prepare for the time. which is not far distant. when a larger supply of water will have to be provided to take care of the needs of the town. A serious situation would present itself should an industry locate here, using considerable water, and creating a shortage throughout the town. An important point is containeci in the section dealing wth meters ancl reference is macle to the fact that only about 50'ý of domestic consumers in the town are meterecl. Mr. Dobbin points out that it is not fair to meter one haîf of the consumers and allow the balance to use water as they please. By metering the whole system every gallon of water could be accountecl for and any excess over that reg- istered woulcl prove to be waste ancl would be a warning sign that somewhere on the system there was a leak. 0f interest. when referring to the serious short- age of last year. is the suggestion embodied in this paragraph 0of the report "Consumers using large cuantities of water for only a short time during the year should pay a sufficiently high service charge to compensate for the excessive craf t of the system." Mr. Dobbin's report should prove of inestimable value to the town in its encleavour to place the waterworks system on a paying ancl equitable basis. Counties Council Heaps More Taxes on Darlington Township Through a mis-statement macle last week frorn authorative sources citizens were jubilant over the fact that Bowmanville's contributions to counties expenditures would be greatly reduced. As a mat- ter of fact. it' has been since learned that 4,...i cost Bowmanvillo 'tually a littie more than last ~ if based on last year's assessment it would be considerably more. The expencitures havej jumped in the counties by a considerable sum. but Bowmanville. Port Hope ancl Cobourg have benefit- ted by the recent new equalization of assessment.j Darlington Township, however, is in neecl of real sympathy as it is the highest assessecl municipality in the united counties. Someone has to* be assessed the highest but for what reason Darlington is chosen for this doubtful lionor ia hard to see. Darlington is a good township, comprised of good farm lands, but a journey through the concessions will show many parts practically useless for farming. For many years the Reeves ancl Deputy-Reeves of Nor- thumberland county have pictured the township of Darlington somewhat as a modemn Garclen of Eden. Qovenment statistics show otherwise ancl yields of crops in severai Norhumberland townships are of- ten much higher than they are in Darlington. Ancl so it is that while we rejoice over Our own good fortune in being assessed less than in other years we sympathize with Darlington for being the victim of the imaginative minds of Northumberlandl Counties Councillors. Darlington has too long been looked upon as the milk cow of the counties by paying a lions share of dùunties expenditures ancl it is a picy that some of the other municipalities that have had the easy encl of the stick cannot con- tribute a little more ancl provide some relief for the already overburdened taxpayers of Darlington. The Obituary Column I Recencly a mididle aged lady who lives in western t Canada and was visiting in Durham county remark- a ed to the editor, "When I cie I would like to be living in Bowmanville so that my obituary would t slxty and notorlouslY tight. He told ail the reasons why he couldn't give up a cent, andl as he warmecl up to the subjeot he began to act as if the eall were i an lnsult. g Finally he was asked: "Why are you so mean? e Why do you deny yourself pleasures and squeeze every nickel? It isn't your money; it's your child- ren's money, or will be in a few years. Why let them have ail the pleasures? Why not have the fun of giving some of it away?" This rude remarc shocked him. It started a uine of thought that macle quite a change in his if e. Moses prayed: 'So teach us to number our days that we may apply our hearts unto wisdom." I assume that to mean that, when we get aiong toward middle life and note by the papers that men of our own age, or a few years older. are dropping off. we ought to stop and take stock. We ought to say: "As life goes I have maybe len, fifteen, or. at the most. thirty years. Therefore, I ought to quît thinking-How much money can I pile up? and begin thinking-How can I be sure to do ahl the things I want to do. see aIl the places I want to see. and leave behmnd me a eputation for having been a reasonably good and generous individual?" It would help if the papers would print at the top of the obituary colum this quotation f rom Rousseau: 0 "The dead take t0 the grave, in their clutched fingers, only that which they have given away." Hospital Grants to be Unchanged At the graduation exercises of the Ontario Hos- pital at Whitby, Hon. Dr. J. H. Robb, Minister of Health in the Ontario Government, macle the very welcome announcement that the government had decided not to cut the annual grants to hospitals irr this province this year. The minister pointed out that owing to the present unfavorable economie conditions, many hospitals are finding it clifficult to carry on, because of the decrease in the number of are unable to pay the regular rates. The govern- ment allowance for indigents is not enough, it is claimed. to cover expenses and yet what wouhd hos- pitls do without this financial assistance. The same applies to allowances for indigents colleclable by law from the counties and municipalities. As the minister pointed out. the hospital- utb kept open at any cost because of the great public service they are rendering, and their maintenance will involve a greater financial sacrifice on the parti of the govemnment and the people than ever before. IDr. Robb estimated that the municipalities this ya would pay $400,000 and the government $200.000 more for hospital maintenance. In normal times. few if any hospitals, publicly or privately owned, ever make mioney. As a malter of fact, deficits are the general rule. How great then must be the task of hospital executives in these days of financial stress to keep the ctoors of mercy open. The Ontario De- partment 0f Health does well to maintain ils sched- ule of grants in these cimes. The people generally who value hospital services can be expected to do their part in the present emergency. Orono's Hundredth Birthday Last week the village of Omono. famniliarly known as Durham County's hub of intelligence. celebrated its centenary when thousands of people f rom this district and hundreds of former residents flocked tri the village for the à.: ùy ceîý.orzh.1ouiîe'î' was *, geiluin e old home week. The recognition 0f the lOOth birthday of the village was a series Of spec- tacular events, every one of which was 50 complete in ils arrangements that the whole went off wîth- out a hitch. The weather was not as kind as it might have been- but a re-arrangement of schedule covered this point aclmirably. To us, the biggest thing about the cencenary was the fact that a village of 600 souls could put on s0 stupendous an undertaking. Mr. John Armstrong, native of Orono, was the instigator of the celebra- tion. A public meeting was called and all organiza- tions, including churches. lodges. schools, municipal council. and horticultural society- were well repre- sented. The gathering was most enthusiastic and from that cime on the arrangements have steadihy gone forward until the mesuits of hast week were achieved. Business men of Bowmanvihle may welh take a lesson from the splendid co-operation of Or- ono business men. Every man was represented in some capacity, and everyone played an important part in the details of the celebration. The women, too, did their share and the natural result was a wonderful success. Citizens of Bowmanville who wit- nessed the huge parade on Saturday afternoon could not have but felt that this was the type of co-opera- tion that was neecled among the business men of thstw.After College - What ? What chance does the 1932 college graduate have to get a job? It's a mighty slim one-unless he himself makes the job, accorcling to Joseph Creamer, New York ad- vertising agency executive. Writing in The Rotar- ian magazine. he points out chat many young men and women are leamning this. "During the past year. f ive hundred new adver- tising agencies have been started. Many of them tii a feiv months ago have openeci stores and offices of cheir own financed largely on loans; and the3 are showing a profit. "These are typical examples of what Youtb is do- ng at the present day. Young men and women who gave hopeless sighs for blasted illusions have creat- ed businesses of their own. Many, of course, will still be looking for that opportunity, but many more will want to stick when the upflow comes. Many will be far ahead of what they expectecl 10 be in the next five or six years."~ New $20,OOO,OOO Ontario Loan A new issue of $20,000,000 Province of Ontario 14 Year 51/'ý" debentures is being off ered for public subscription. Bonds are in cenomination of $100, $500 and $1,000, and the price is 97 and accrued interest, yielding 5.8l'ý to maturity. Special in- terest is attached to this issue in that it ceparts f rom the usual procedure, being offered direct by the ProVincial Treasurer for public subscription. The inclusion of denominations of $100. it is saicl, will receive a wide esponse f rom smaîl investors throughout Ontario. In announcing the new issue, the Hon. E. A. Dun- lop, Provincial Treasurer, macle the following state- ment: "This Issue," he said, 1'is clesigned primarily to glve the citizens 0f the Province an opportunity 0f par- ticîpating at an attractive rate of interest, in the highest grade secumity avaihable in the Province. namely, the bonds of the Province itself. The de- bentures, therefore. are macle available in three de- nominations 0f $100, $500 and $1,000, so that every- one with $100 or any multiple of $100 may share in the boan. The issue price of 97 gives the attractive yield of 5.81 '% per annum through the 14 year period of the boan. "Subscriptions wilh be received by ahi banch banks throughouî the Province, by auu branches of the Province of Ontario Savings Office. ancl by a large ist 0f recognized bond deabers and stock brok- ers. Aul together. there will be in excess of 1,600 agencies in the Province through which orders may be placed, thereby providing vemy extensive facilities to the public for participation ini the boan. "The issue price 0f 97 and interest is the saine to ahl purchasers, and the small investor obtains his bonds at exacchy the sanie ate and under precisely the samne conditions as purchasers of larger amotints. "The amnount of the boan is limitecl co $20.000.000. While evemy effort will bc macle 10 f ib the orders of the small subscibers. I strongl3' urge sl vho contemplate investing in the bonds not 10 delay in entering their orders.' "The proceeda of the loan,'* added the Treasurer, "wilh be used to repay existing short terni advances incurred for capital expenditume.' Public School Board Reduces Expenses The Public Sehool Board has macle an announce- ment of a reduction in estimates for 1932 of over $4000. which was greeted with pleasure by Bowman- ville taxpayers. This equals the amount of reduclion in county expenditures published last week which was in error. The Public Schooh Board under Chair- man C. F. Rice has fulfilhed a promise macle to the town council at the meeting cahled by the mayor early in the yeam. that of cutting expenditumes t0 the bone in an effort to relieve taxpayers who have been finding it extremely difficult 10 make tax pay- ments in these times 0f economic stress. The teach- ers are playing an important part in the acceplance 0f reduced salaries, which in the Public Sehools are not at aIl excessive. and the Finance Committee under Chairman Fmed Cryclemman have cul other expenses until chey weme able 10 make a truhy worlh- while contribution to the cown in the f orm0f a 20'ý reduction in estimates. A DIRECT OBLIGATION 0F TIM PROVINCE 0F ONTARIO AIJTHORIZED B i ACT 0F THE LEGISLATURE 0F THE PROVINCE, AND A CHARGE AS TO PRINCIPAL AND INTEREST (JPON THE CONSOLIDATED REVENUE FUND 0F THE PROVINCE New Issue ONTAR IO THE TREASURER 0F THE PROVINCE 0F ONTARIO OFFERS FOR PUBLIC' SUI3SCRIPTION $2090009000 GOVERNMENT 0OF THE PROVINCE 0F ONTARIO 5'/2 % Non-Callable Fourteen Year Debentures Due JuIy 1, 1946 Coupons 1,. January and .July. I)enominations 8100, 8$500 and 81,000. Registerable as to principal only. Principal and interest payable in lauful money of (Canada ut the ofJwpe of the Provincial Treaeurer in Toronto, or, at the /iolder's option. at th(. Bank of Montreal in Ottauwa, M1ontreal, JI'innipeg, Vancourver, Halifax or Saint John, N. B Legal opinion of the Attorney-General of Ontario and of E. G. Lonq, Fs q.,- K.C. The proceed.s of this issue iili be applied to the funding of short terrn indebtcd- ness created for capital ex pend itures. Price: 97 and accrued interest, vielding 5.8 1% to maturity. APPLICATIONS TO TUE ABOVE LOAN WILL BE RECEIVED BY tINy BRANCH 0F ANI' CHARTERED BANK IN CANADA, AN>' BRANCH 0F THE PRO VINCE 0F ONTARIO SA VINGS OFFICE, A ND B RF(EOG- NIZED BOND DEALERS AND STOCK BROKERS, FROM WH03 I 3A Y BE OBTAINED COPIES 0F THE OFFICIAL PROSPECTUTS C'ON. TAINING COMPLETE DETA ILS 0F TUE LOAN, SUBSCRIPTIONS TO THIS LOAN WILL BE SUBJECT TO AL- LOTMENT AND THE LIST WILL CLOSE,. AT THE DIS- CRETION 0F THE TREASURER 0F ONTARIO. INTERIM DEBEN7VURES IN BEARER FORM WILI BR AVAILABLE FOR DELIVERY ON OR ABOUT JULY 12, 1932. TaEASURY DEPARTMENT, PÂmlqr&auàr TBuu.rnas. TORONTO, JULY 5., 1982- DON'T TAKE CHANCES with Your MJLK SUPPLY Get the BEST from the Bownianville Dairy They also sen BUTTER, No. 1 Grade Give them a trial order. Phone 446 or 703 Bowmanville Dairy W. H. BETTLES, Proprietor. Dated July 1, 1932 1 PAGE TWO THE CANADIAN STATESMAN, BOWMANVILLE, THUP.SDAY, JULY 7th. 1932