"in puarnutéding £0 per cent. _PAGE BIX C[UoKY CANADK Breast Although Affected by War, , Her Position Sound. I. 0 MANY PESSIMISTS- ~ * woomai IN THE COUNTRY DECLARED BIIOF. SWANSON, Who Gave An Address Before z Historical Society on Monday Evening On the Economic Aspects Of the War. On Monday evening, ip: Convocation "Tall, Queen's 'niversit Prof. W. W. Swanson delivered an address before Ahe Kingston Historieal Society the economic aspects of the particular reference to British nadian condlit The lecturer pointed ont that there | wera altogether toon many in Canada to-day, and that facta of the sitnation were investiga Canadians had every ground for hopeful, It was unfair or to contrast, C position or. condition in trade finance with that of old and highly developed conntries, and eapecially with 'the United States, as has often been done. Fyen then the rom parison was wholly {60 Canada's disadvantage. No ehuntry affected by the war--with the exespnion of United Kingdomi--waz in position as Canada, he more hopeful for far as the United cerned, that country gold payments jor a cons iod after the outbreak of the banks had refuse their call and short tablishing therely real moratorium, Canada had ' suspended specie ments, which was alio the practically every nation in the world with the exception of the Uniled Kingdom and the United Stales; but no moratorium had been found no cefgary. In view of the fact that moratoria wore world-wide that tn distinet achievement for the Cana- dian people. It was to be hoped that noi federal moratorium would be de clared; for it should be kept in mind that Canada for years to come must look to the money markets of Fur ope and it would pay fo keen her cre fit good there; war, with and Ca ions. en amp are, 100 not the as sound a and none could th J As States eon rod to make iderable per It wa pas case ol New Countries and Canada The Argentine Republic had heen called the "Canada of the South," and comparisons had been made be- tween that nation and our own country, not always to our advan- tage. But Brazil had defaulted in- terest on her national dedt; had closed her banks at. the outbreak of war, and bad suspended special payments. The Argentine Repuylic had closed its banks at the onut- Break of war; had declared a gen- eral moratoriym: had permitted de- positors to witudraw only. a per centage of their deposits from the banks each month, and had ako stapended specie payments." The on- ly simdlap policy carried out in Can- ada was the suspension of specie payments, and our notes, hoth of the 'government and the banks; were yet as good as gold, while those of Brazil had gone to a diss count. Calamity howlers should bear those facts in mind. Also, Canada is closely conmécted "with the two greatest consuming markets .of the world--the United Kingdom and the United States, both of whom absolutely 'heeded our food products and raw materials Canada sad Great Britain. Thé lecturer analyzed the mea- es that had been adopted in Great Britain to stay financizl pani¢ at the outbreak of the war, and showed their, justification. Hé ealo- gized Lloyd-George, the 'Little Carport" for his quick and decisive action in declaring a woralorinim; of the righ on marine Insurance; for jseu- ing $270,000,000 of legal tender paper money to the hanks aud for the skill he showed in issulng the two war loans of $500,000,000 and $1.7 750, 009, 000 'respectively. the | waslmists | when the | the . moratorium was pecessary In { England, in view of the fact that London had on its bands $1,500,000, bills of exchange, a! the out. war, and that these bills e used to finance the trade ie world, The lecturer showed the Action of the government in guaranteeing .the Bank of Eng | 1d against all losses it' might la- cur" by discounting hills acfgpied before August 4th, had started the trade of the world, as far ug pos- its normal course again G00 in | break of of LTE n Canada's Borrowings The speaker then touched upon Canada's position in the money mar- ket, and predicted that indusirial and manicipdl securities would have {to find a market for ithe immediate future in the United Biates and not in England. He stated, bowever, that both during and after the war England would continte to furnish Canada WIth THé HUI of 1s none- tary requirements He protested against turning the- printing press- of the country busy turning out lat"' money, and sald that we shal raise funds by selling our urities even at a discount, and by additional taxation { ---- Increased Production hve world could not do without Canada's products, hence the coun- in a fortunate position. But tiresome {0 hear people iing from the houséiops that nada must "produce", while not § ingle consiructive measure had | been suggested as to how increased | production could be hrought shout. The apeaker was in favor of muni- cipal, provincial and federal ex- | penditure to take up the slack in labor, and start the wheels of in- | dustry revolving once more. Neith- ier should we he frightened to death lat the word "Socialism." Australia land New Zealand loaned money to { farmers, and. had state owned Pril- ys why not spend money and | give transportation, it need be, to ger immigrants and Keep them on he land. That way Canada's future | lies for 1e is essentially agri- {eultural country. | In examining our banking 'and mortgage and industrial porations the speaker found every { ground for predicting that a - far greater field of usefulness and ac- J tivity lay before them than tlioy had fattained in the past. | The lecture was greatly enjoyed by the audience, It was one of the best presentations of the subject that the Whig has heard. Prof. G. D. Fergn- son presided A collection of $13.30 { was realized for the Red Cross fund as an loan cor- DRINK HOT WATER. Eight Glasses a Day Will Prevent Newuritis, Says New York Physician New York, Jan. 19-~Eight glasses of hot water daily, one in the morn- ing, two at night and five at Intervals during the day, a hot and cold bath every morning and three hot baths a week, a three mile walk every day and eight to ten hours sleep every night was the regimen Dr. Nancy Penison, assistant physieian at the Women's and Children's hospital and Mt. Sinai hospital, proposed yester- day to an audience composed mostly of women in the auditorium of the New York Médleal Soéclety's build- ing. Dr. Jenison war dcheduled to speak on neutritis, and it was in tell- ing her hearers how to avoid it that ghe laid down her health rules, After defining, neuritis as an inflammation of the membranes she sald it eameé from many kinds of poisoning, among them tobacco and alcoholic poisoning or from unnatural physical condi- tions, such as an uncomfortable pos- ture in sitting. In "spénking of al- coholic poisoning, she sald: 'Chronic alcoholizm does not mean that the patient is a. drunkard. The drinking that causes neuritis is the sitting. In speaking of alcoholic poi- soning, che said, SEARCH FOR WIRELESS, Powerful Outfit Believed Operaling Neat Panama Clty. Panama, Jan, 17.---<Both Panaman and Canal Zene police are engaged in an energetic search for a powers ful wireless telegraphy outfit that is believed to be in operation in the vi- cinity of Panama City. The wireless telegraph plant which termined * THE DAILY BRITISH WHIG, PERSIA IS HELPLESS TO PREVENT TUR TURKEY MENACING RUSSIA. FROM She Can Only Continne To Protest Against Her. Violated Neutrality, Says Persian Minister. 4 Petrograd, Jan. 19--- That Persia should not be held accountable for her inability to prevent the Turks from menacing Russia through vio- lation of Persian neutrality, was the astertion made to-day by Isaac Khan, Perisan minister to Russia, at one time minister to Washington He declared his counfry had placed her dependence upon foreign troops for protection. The minister explained the Persian situation as follows: "We rolemnly declared our neu- trality and intended to adhere to that declaration" The integrity of our territory was guaranteed to us by England and Russia. Last Monday Emperor Nie holas, reiterating this givmise, said 'T igh to tell your government that we 'shall not take a single foot of*your territory'. "We have protested againat Turk- ish vielation 6f our ierritory and if Turkey continues its invasion we shall continue to protest. At pres- ent the Turkish garrison at Tabriz consists of jittle more than two reg- iments, but it ig possible, even prob- able, that Turkey will send through our province of Azerbafjan into the Caucasus large numbers of troops because our country is unfortified and the frontier between Russia and Persia is.the only unfortified Rus- sian frontier. "For this reason the country by Turkey an even more obvious expedient: than was (er- many's violation of Belgian neutrals ity, for Belgfum could offer resists ance while we are unable to do 'so. The Russian government knows, how ever, that we are not culpable, Nearly all Kurds joined the invading army, but again we were not blame- worthy, since we were helpless be cause we lacked an army. "Certain Russian papers have de- manded that we expel from Teheran the diplomatic representatives of Germany, Austria, and Turkey. This we shall not da, a yee: ase it would eon- stitute a breachtof neutrality, and would justify the Turks in treating us as a hostile conntry, whereas now we are perfectly sure, no matter what the result of the war, that Persia will remain independent." Minidter Khan said Persia hoped soon to succeed in forming an army. which it has been endeavoring to do gince 1908, but hitherto unsuccess- fully because of the country's pov- erty and lack of united action by the various tribes. use+of our is ---------------- TIGHT GRIP ON GALICIA. Russians Have Restored Normal Cis vil Life, London, Jan. 19- Chronicle publishes an interview with Michael Conway, an English- man recently resident in Galicia, who witnessed the - Russian advance in Galicia, and travelled about the coun- try, having every opportunity of see- ing the effects of the Russian occupa- tion. The Russians, he says, have been surprisingly thorough and de- in their offensive tactics. That they mean to "git tight," in Ga- Hela during the war is evident from their operations. They have advane- ed in 'three distinct armies, and the fact that the third of these is at the foot of the Carpathians in the region of Bukowina, while the second is in possession of the mountain ridges, leaves no doubt that the third has begun to overrun the plains of Hun- gary. S80 thorough has been the subju- gation of Galicia that the third army has been accompanied by thousands of officials; police, station masters, and other civil administrators, who have almost restored the civil life of the province. Under the Russian re- gime "Lemberg itself is as peaceful and as busy as London." says Mr. Conway. "The rallway station is like a great London terminus, where you can book to any port of Russia or Europe-----excepting Germany and Austrin--or, reserve for yourself a sleeping carriage should you desire one. "Every Russian is bent on mareh« ing to Belly, Judging from the adh 4 The Daily tian. Py The PRESENT FINANCIAL DEPRESSION HAS CAUSED A FALLING OFF IN SALES OF EX. PENSIVE JEWELRY, HIGH GRADE WATCHES AND MENTS, A CLASS OF TRADE WHICH THIS ESTABLISHMENT HAS + ALWAYS ENJOYED. Inventory very much overstocked and we have engaged the services of P. E, of America's most expert jewelery salesmen, to place our stoek of $50,000.00 before the public at Auction Sale The Opening Sale Will Take Place on the Afternoon of Thursday, January 21st at 3 o'clock and We wish to emphasize the fact that during this sale there will-be nothing sold but our regular stock of high-class guaranteed A chair will b friends. May we have the pleasure of vour attendance? Duving this Special Sale ev ery department will he carrpd on as-usual and after the sale is over busi- ness will be conducted as usual. ing from business. after Christmas shows that we are reserved TUESDAY, JANUARY: 19, 1615. AS A SPECIAL 12¢ per 1b. 12¢ per 1b, Beei Dripping Headcheese Salt Beef ... avy Pork Sausage ........ 18¢c Ib, Ground hone for chicken feed. . . DIAMOND ORNA. ~~ '217 Princess St. one a bd in these expensive goods Pope, one Phone 94 will continue daily ent Products We make CEMENT RLOCKS, SIAS, TINS, PIER BLOCKS, VASES. And every thing in cement. Verane dah work a speciilty. OFFICE 177 WHRLLINGTON BT. w orks, Cor. Charles and Patrick Sts. 2 TAN. goods, for vou and vour We are not rétir- FOR SALE R. J. Rodger, THE KING STREET. JEWELER, "Where the Clock Is on the Walk" Modern brick house on Al- fred street, near Union, B. & C,, electric light, good barn, ele. Owner leaving city. A BIG SNAP THIS Isquire at once. W. H. Godwin & Son. Real Estate and Insurance. Phone 424, a9 Brock St, PRICES Kingston Cem- RRICK, { ; : | BEEF, LAMB, MUTTON AND PORK OF THE FINEST QUALITY ALWAYS IN STOCK A INN Pressed Beet Tongue, tnedd) : .10¢, «s 232¢ 1b, 38¢ 1b. Ile, 12¢ per 1b. Home-made Sausage 12 1.8¢ 1b. rei 2 Ibs, for Sc ANI AMIN NI AN SN NAINA PARKER BROS. ARINGSTON'S LEADING RUTCHERS 1688, Opposite Opera House. ewe' ego : > Militia Men Notice the fine line of pocket flash-lights in our win- dow. We have them all prices, Call and see them. Halliday's s Electric Shop 345 King St. for Sale Frame house, with furnace, four bedrooms, all - improve ments, good collar and poultry hoses; two blocks from Prin. tens street. Two detached houses on a corpér lot, three bedrooms in eadh, all conveni- ences, for 85,500, or will ox- change for a gfoall farm, To Rent New héuse, all improvements, $12 per month, until May, 1915. mEREEEEEL LL US A] HORACE F. NORMAN Real Estate and insurance Office 177 Wellington 88. YOU PAY LESS. HERE The Coat House | MENDEL! See Our Windows for the F ollowing Bargains - Ladies' and Values To Every dress a late model. Individual style guaranteed. No two alike. Manufac: was vered on the top of a tall --=tirevemtre or Prmme Thursday and destroyed by the gov- ernment authorities proved to be on- ly a receiving instrument with a ra- dina of one thousand miles, It was of costly construction, Sir Claude Mallet, the British min- ister of Panama, y said he. poss sessed Information which led him to believe that a powerful sending ap- paratus was lpcated within a few miles of the city. Wireless telegraph operators of the {United States navy" report ihat re- Lcently they have encountered cousi- Mderable interference when sending or receiving messages. ------ DUTCH WITH ALLIES. Geography Saved Them From Shar. ing Belgium's Fate. Copenhagen, Jan. 19.--Holland's foremost socialist, Mr. Troelstra, has declared liere in an interview, that the Dutch are unable to reconcile themselves to the outrage upon the law of nations perpetrated by Ger. many in the invasion of Belgium. He says the Dutch are aware that wien this happened, it was only by an acs cident of position that their own ter: ritory was spared. England on her part, he said, had subjected the sea commerce of Holland to great incon. venience, hut that would not shake 1the fundamental view held by every Tutci man ont the subject of the pre- sent war. Piles Cured tn 6 to 11 days Druggists refund money {f PAZO OINTMENT falls to cure ftchiag. blind, hieeding, or protruding niles First application gives relief, Soc. William ©. "Ferguson, superintendent of the Metropot itan Insurance von pany, left, cn Tuesday, fo utiend the annual content pou in Honda I feel that ov will not stop until they get there. Cracow is preparing for a long resistance, but the Rus- siang mean to reduce it: They will ait around it until it falls, for thay have brought their whole outfit with them, which the invaders showed towards tne mative population. The respect of the Russians for the churches was very marked. Not one has been in- Jured except in cases where it came inside the Yine of fire. Ever the lit} tle wayside praying centres have been spared." ? FIRST DECREASE IN YEARS. ---- Newfoundland Industries Feel Effects of War. H St. John's Nfid., "Jan. 19 The first decrease in the total business of the colony. of Newfoundland indicat- is shown by statistics for the last fis- Ji eal year, made public to-day. though exports increased by $461: 654, there was a decrease in imports of $1,018,630, the (otal figures he- ing: Exports, $15,134,543; imports $15,193,726. Shipments to the United States|§ showed a falling off of $348,895, aul} tities as usual of seal skins, cod liver} United States was the only country from whicli imports exceeded the pre-f! Ay year, the increase heing $223,- The higher prices prevailing for fish brought about an addition of $517,507 10 the value of exports Senuth America, the West Indies and Mediterranean ports, Chiefly because of the war, all in- dustries 4 the colony except the pulp and paper mills have ave dimints inished. White Row flour, pure I | i | ed by the annual figures of exports), i and imports in more than a decade ji All to inability to market as large qhan-{§ "I was surprised at the kindness HE oil and other fisheries products. The i $15.50 for $5.95 turer's samples. All ; are being offered at less than ry -wholesale cost. Many of them at less than price of the material. Over c one Funded models to select from in all the latest shades, lins, silk crepes, bedfords etc. - All sizes including 18 Only 18| Winter Coats| Sic Ladies' and Men's Sizes. Jodivituas Style Gar. Half Price Suitable for present and early spring wear Be early and get first choice. Any Pima Hat fb or or . a Scarfs, reg. 33s for 69c. Penman's Saal Apcoms fur Fi Seasonable Underwear, All Grades in Wool and Union For Ladies. Misses, Girls and Children now you wantreal. you to visit Kingston's bargains i in dependable mer. $22.50 for $9.95 serges, pPop- : stouts. Only Exclusive Ladies' Ready-to-wear Store i