Daily British Whig (1850), 13 Sep 1920, p. 12

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The Force Behind o ; Our National Progress ' Is the Comolidatad Sorattaght and a ambition of the Canadian people 0 become a-- National and Imperial Influence in World Civilization and Trade The ultimate possibilities of our Great Land Heritage will be realized through the development of our Great Sea Heritage And prevent us from becoming merely a Continental people-- hewers of wood and drawers of water for other nations. The Navy League of Canada EE ktYSP iA it i am--) The Pulp& Paper Industry As a Field for Investment (FROM THE FINANGIAL TIMES, SEPT, 4, ime.) Recent issues of pulp and paper securities have been arkably well taken by investors. While other classes of urities have met with a more or less indifferent reception during the summer months, there has been no lack of sub- pcribers for the paper issues. Local investment houses report an active demand for some weeks back and new issues have been readily subscribed. Earning Power Leading Factor This is attributed to two factors. First, the remarkable earning power of pulp and paper companies based upon past showings, and future expectations; and second, the wide advertising which such issues have been given since the esta- blishment of the first Canadian paper commission, and the live educational campaign carried on through the press. Not only have the paper price investigations been a big feature in educating the public to the value of pulp and paper securities, but also they pe thoroughly educated the public as to the world shortage of newsprint and the subsequent substantial profits to be obtained. Attract New Investors Probably the most remarkable part of the present good Yaunarket for these securities, is the number of new investors 'attracted thereto. ~ While 'in general, investors have been liberal subscribers to pulps and papers, a good deal of new capital has lately been attracted. Funds which have usually been placed in other classes of debentures are finding their way into pulp and paper mortgage bonds, and a certain amount of money usually spent for municipal bonds, is also going into and papers. Public More Careful The chief investment demand has been for mortgage bonds and debentures in preference to shares. In this. connection dealers say that the public is a good deal more careful of what it buys than formerly, and that preceding actual purchase, are ly inquiries as to the precise kind of security offered and its salient points. In other words, investors are exercising more caution than heretofore in the selection of their securities and are not buying till satisfied that their particular require- ments are met, and safety insured. Faith in Future From the brisk demand for recent issues it is evident that ithe public has every faith in the continued prosperity of the i and paper industry. Many requests for information are ily recetved by the more prominent houses, and from the nature of inquiries it is evident that the general investing public is keenly alive to the possibilities of the situation. ific questions are numerous, indicating that an intelligent knowledge of affairs is generally preceding investment. The t trend indicates a continued wide interest in oF securities for a long time to come. are fully awake to the situation and there seems little doubt that further new issues will be well received. There is a very substantial investment demand right now for such securities. The Imes is the most authoritative financial ond a statement from this publication on the reception od pris and paper Ssrues merits some thought and consideration by Canadian Investors. We will shortly offer to the public an issue of First Mortgage Gold Bonds of a Pulp and Paper Company with a \ of 100 tons ground - wood pulp daily. The Company's properties are in the St. Maurice aman or oi and paper centre of Canada. immediately adjoin these of the rentide Company, the Belgo- Company and the Brown who recognized the Tpgest Mebdors of pulb Theis 1m Broward" has abundant || ness on the other. Jil THE DAI DR. BIDWELL'S ~ MODERATE VIEW | -- 3 | With. Regard to the Liquor | Trafic--A Toronto Edi- | torial Comment. | Toronto Mail and Empire. { Every reader will acknowledge { how rare it is to hear a dispassionate {discussion of prohibition. - Few peo- iple are able to take middle ground | upon it. The great majority can see only the failure of prohibition on the one hand and the curse of drunken- ft is unusually gratifying to find an article that is | absolutely fair and free from bias, particularly so when the author is a | {high church dignitary like the Rev. : Dr. Bidwell, Bishop of 'Ontario, who { writes in the National Review. Dr. | | Bidwell admits that he is not a be- {liever in prohibition as the best { means of combatting the evils of in- | temperance, but this by no means {disqualifies him from recognizing that much good has followed the en- forcement of the O.T.A. as weil as much disapointment for prohibition- ists who thought that the act itself | * | was, as if by magic, to reform com- | | pletely an ancient social habit of the People." He expresses the view that the wording of the ballot paper in the referendum was unfair, and says {that a man who 'voted 'ves" to one | question and "no' to the other three was in effect giving three votes for prohibition to one against it. { He believes that the government ought to have placed before the peo- ! ple the simple question, "Are you in | favor of an amendment to the On- | tario Temperance Act, substituting a | | System of strict government control | j of the liquor traffic for the practical | prohibition now in force?" He is of opinion that if this question had | been asked, the majority for prohi- | | bition would have been by no means | 80 large as appears on the surface | as a result of the last vote. Dr. | Bidwell believes that all the good | | results prohibition (so called) ac- | complishes could * be equally well | | effected by strict government regu- | | lation of the dpink traffic, including | the closing of all bars and saloons, | | with out the evils prohibition brings {in its train. He says that he ques- | | tioned the chief constable of Toronto | | and the police magistrate of King- | ston to learn what effect prohibition | | had upon criminal statistics. The | reduction of convictions for drunk- | enness has been, of course, marked, | falling in Toronto from 9,630 in | 1916 to 8,925 in 1919, and in King- | ston in the same years from 262 to {163. He says too that before the | O.T.A. came into force a man was | not arrested, unless he was drunk { and incapable, but now he is arrested | if he shows the least signs of intoxi- | cation. On the other hand it might | be mentioned that the severer penal- | | ties now inflicted cause drinkers to use caution and inspire their friends with greater concery lest they fall into the hands of the police: Crimes due to drunkenness, such as wife beating, and petty thefts, have con- siderably decreased in Toronto, re- ports the Chief Constable, but crime of a more serious nature has largely increased, and this he attributes to '""'war conditions." The Kingston | magistrate reports that "there has | "been no such general reduction in| | "crime as many anticipated." Asked | | whether in their opinion the use of dangerous substitutes for liquor was prevalent and whether the drug habit had increased under prohi- bition, the reply from Toronto is that a habit of drinking vile concoctions such as. green -alcohol, bay rum, Florida water and even shoe polish { has developed with disastrous results | | to those who use such poison. About | the drug habit nothing is said, but the Kingston magistrate writes that | he has observed no proportional in-| crease. Other reports, however, al-| lege a dangerous increase in this vice. | The Toronto report also states] that evasions of the liquor law are! not unduly numerous, but that there | is a considerable contraband trade. LIt may be that this article was writ-| ten some months ago, for it would be difficult to find many persons to-| day expressing the. opinion that the evasions were not '"unduly mumer-| ous" unless they entertained - a! rathér majestic idea of the meaning of the word "unduly." The Toronto | Chief says that undoubtedly habitual | drunkenness has been decreased, as repeaters are less frequent in court. He found too that the chief offenders were older men. The Kingston ex-| perience, on the other hand, was that the percentage of younger.and mid- dle-aged drunkards was on the in- crease. Both agree, says Dr. Bid- | well, that 'the present Act has "largely reduced drunkenness and "with whatever drawbacks it may | "possess, is infinitely preferable to! "the old state of affairs." Chief | Graset says flatly that "prohibition | "has been a success," but he would | be in favor of some modification in| existing regulations of they could be | devised in the interests of the "great | "bulk of law-abiding citizens who, | "for no fault of their own, have, in| "the public interest, to endure re- | "strictions imposed by the Ontario | "Temperance Act for the benefit of | "those who cannot control their ap-| "petite for too much strong drink," One of Bishop Bicwell's objec- tions to 'the Act is that it is con- stantly being evaded, and "it is no- "torious that a man can get almost "anywhere in Ontario a supply of "liquor if only he is prepared to pay "the price. There is the added evil "that there can be no control over "the vHe stuff illicitly sold at a high "price as whiskey." He truly ob- Terves that if a man is detected in an infringement of the O.T.A.--with the exception of men convicted for selling-- he is apt to be condoled with or at the worst laughed at for his bad luck. The most respectable and law-abiding citizens would think Bo worse of a man detected in such an offence as bringing a flask of whiskey from Montreal to Toronto. "This means that what the law con- "siders and treats as a crime, quite "respectablp public opinion refuses "to regard in the same light. This "is a very dangerous condition of af- "fairs, as it tends to bring all law "into contempt." He also calls at- tention to the extraordinary discrep- ancy between the pemalty for drunk- enness--perhaps $10--and the pen- alty for a breach of the Act, which is twenty timets as great. Dr. Bid- well believes the bar is gone never +of Prof. and Mrs. O. A. Meredith, left LY BRITISH W HIG ~ MONDAY, SEPTEMBER 18, ~1920. ° | and particulars. Montreal Saskatoon Investor's Opportunity At revised prices, Victory Loan Bonds, Canada's highest grade of security, can be obtained to yield from 567% in the case _ of 1937 maturity (tax free) to 6.459% in the case of the 1922 maturity. To of Write for our pamphlet _ giving all prices Wood, Gundy & Company Canadian Pacific Railway Building Toronto HIRES DELICIOUS WORLD FAMOUS ROOT BEER BEVERAGE IN BOTTLES FOR YOUR HOME. JAS. CRAWFORD. JAS. REDDEN & CO. JAS. HENDERSON. W. V. WEBSTER. . JOHN GILBERT. Nothing goes into Hires but the pure healthful-fuices of Roots, Herbs, Baggs and Berrles and Pure Cane Sugar. on Thompson Bottling Works EXCLUSIVE DISTRIBUTORS FOR KINGSTON DISTRICT. TELEPHONE 304. OFFICE: 294 PRINCESS ST. Kingston Horticultural Society ANNUAL EXHIBITION AT-- commands public respect it will have to be considerably modified. COPYRIGHT HARRIS AND EWING. WABM, MAJOR-GENERAL G. W. GOETHALS f the Panama Canal, and at| lef consulting engineer of | ork and New Jersey Port | standing on | Toronto, on ut to board ir of inspection | ar the harbor front He wag ac- | companied by a party of ten others. r Commission, bor Beard wharf, . as he was ab halma" for a to ---- GANANOQUE Sept. 13.--There was quite a lib- eral offering of live hogs at the market, on Saturday, the entire of- fering being purchased by local buy- | ers for shipment. | | | | The past two weeks has seen the exodus of, the major part of the resi- dents of the island cottages in this vi- cinity. There are, however, a few | left to enjoy the balance. of this | month. pb Music and musical instruments at | Sine's. ' The balance of the war tropiifes due to this town, and consisting of | two German machine guns and a| trench mortar, arrived the latter part | of the week and are for the present | located at the town park, pending the selection of a permanent Tocation. | Rev. C. A. Myers, M.A., associate secretary of the Presbyterian Board of Sabbath. Schools and Young Peo- ples' Societies, filled the pulpit of St. Andrew's church at both morning and eveniy services yesterday. Miss Madeline Meredith, daughter the latter part of the week to enter the New England Conservatory of Music at Boston, Mass., for a three- year course. Mr. and Mrs. Francis Keyes and son, Gerald, Orchard View House, , have returned from a two weeks' mo- tor trip to Detroit and Flint, Michi- gan. Mrs. R. G. Graham and daughter, Miss Dorothy Graham, who have been spending several weeks at their island cottage, "Sans Souci," have returned to their home in Ottawa. Rev. Robert P. Byers spent the past week in town with relatives. Mr. Byers is an old Gananoque boy, who has been for some years past located in Toronto. Miss Jean Lutz has entered Brock- ville business college, where she will take a business course. 3 A visit to Gananoque will not be complete unless you visit Sine's Drug | and Stationery Store. | Miss Rebecca Edwards, spending the summer vacation at her home, King street, has returned to Clinton, to resume her duties on the staff of | the Clinton high school. She was ac- | companied baek' by her niece, Miss Margaret Taylor, who will attend school there this winter. Miss Winnie Round, spending a month's furlough with her parents, Mr. and Mrs. Joseph Round. Oak street, left during the past week to resume her duties in the Methodist Episcopal hospital at Brooklyn, N.Y. Miss Edith Louch, daughter of Mr. to gefurn, hut that before the O.T.A.) of Fruit, Vegetables and Flowers, Will be Held In the Island Market, City Buildings ON TUESDAY and WEDNESDAY + SEPTEMBER the 14th and 15th. Afternoons and Evenings, ..10 cents. and Mrs. Robert Louch, left at the same time and will enter that insti- tution for a course in training 2s a nurse. Rev. and Mrs. C. E. Kidd and fam- ily, enjoying a two weeks' vacation at Carleton Place, with relatives, have returned home. ' H. F. Ward, local agent of the' T. I. R. motored to Kingston 'the lat- ter part of the week to take his youngest child to the general hospital for an operation. ADMISSION Music bofh evenings. e---------- Every cloud has a silver lining. The boy who has the mumps doesn't have to go to school. On Sunday, Sept. 19th, at 11 p.m., Cornwall will revert to standard time. A A A A A A Ar ee = nz > 5 . == Reg gp NWA 2 Oy = TTL ~ ls Lo we 2 The Storm As a result of the electric storms experienced on Sun- day there are about seventy-five telephones out of order. Several of the rural lines in the outlying districts and some of the Long Distance lines were hit by lightning causing tem- ~ "porary interruption in the service. Our Trouble Department started to work at an early hour this morning and every available man has been put to work clearing the trouble. It is expected that by evening many of the lines will again be in working order. The Bell Telephone Co. | of Canada That Enrico Caruso who gives a Recital in Montreal at the - Mount Royal Arena Sept. 27th will be accompanied on a Heintzman & Co. Piano only bears out the fact we have 'often repeated, namely, that the Heintzman & Co. Piano is a favorite with the world's great- est artists, Sole agents in Kingston for the Heintzman & Co. Pianos - and Player Pianos. [PO 20 00 TOT VEONIT IT VLC YE OUT VELL GUNES er tA 121 PRINCESS STREE KINGSTON

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