Y BRITISH WHIG EASTERN ONTARIO DAIRY CONVENTION CONCLUDES William Newman, Lorneville, Re-Elected President-- Meeting a Great Success. y THE DAIL Neill closed with a warm tribute to the staff of the Bank. "As the executive head," he said. "I could not [Wish for a more efficient staff and I , desire further to place on record the | | statement that if I, as executive head, HOCKEY _TO.NIGHT POINT ANNE vs. KINGSTON mi Ledge Neo. 10, LO.OF; © bers of the above lodge are inded of the regular meeting, on| YEAR OF NOTABLE PROGRESS _ WARY, a : - ENJOYED BY ROYAL BANK in turthering your interests, it is due | : { eee eermeteetetesemtet a | Sir Herbert Holt, President, Reviews Principal Developments in Canada's [to the loyal support I have neceived | - ! Tr and Industry--Fi Dominion Has M on Which Con- | JTom all ranks of the staff, especially | rage Industry iy at on Men an Be Con | twose senior officers with whom I gratulated---Draws Attention to Increase: in Trade With Foreign: | come in dally contact." have achieved any measure of success HARTY ARENA AT 8 PML 25 CENTS farold S. Packer, A.T.CM. | : Countries Where Branches of Royal Bank Are Established. Comments on Gain of $50,000,000 in De- | posits, Every District of Bank Showing Increase--Discusses Agricul. tural Credits and Government Bank Inspection--Points Out Great Public Service Being Rendered by Canadian Banks--Explains Thor. ough System by Which Losses Are Kept at Minimum. ist--Teacher--QComposer ®ive instruction ts a Umited num- or of pupils in Plano and Theory. Ad- $as 61 Arch Street. Phome 13371. NOTICE leased to conduct Auction (be ngston or the County of A XK tenac. erates Feadinably. made at my office, n J MUNRO, 1 Auet! Corner Clarence and RONTENAC Arrangements can THE FLORENCE HUDON: PRIVATE SCHOOL BALLET, CLASSIC AND MODERN DANCING Classes and. Individuas Instruction for Adults and Children. For further Information apply #9 UNION STREET WEST + LIKE THE WISE MEN OF OLD: "Ys" Men to-day Give the Boy" The "Ys" Gift. A MEMBERSHIP IN Public Library Bulletin NEW FICTION FOR JANUARY Love and the Philosopher--M. Corelli. Riceyman Steps--A. . Bennett. . Call of the Canyon--2Z. Grey. st of Folly--C. Dawson. 'Onoto Watanna. Path--F. E. Mills Yonge. RCS In the Mirror~G: PF. Bradley, ag) Durkin. Roop.-0. Martin, * loud--H. V. Ogden. te of Grub Street--G. V. Mec- den. ¢ : n and Son--B, Whitlock. 8 Itself--An. 8. Swan. [C. E. Neill, General Manager, "The past year has been marked by what I hope are the final adjustments of the period of depression," stated Sir Herbert Holt, President of The Royal Bank of Canada, in the open- ing remarks 'of his address to the shareholders at the annual meeting of the Bank. In these adjustments, he was glad to add, the Bank has not been deeply concerned, except in- sofar as the country's general busi- ness was affected. In the opening portion of his {address Sir Herbert dealt at some length with the situation in relation to the agricultural results of the past | Years' operations in Canada, refer- | ring more particularly to the Western { wheat crop. "While the net return { will not by any means suffice to place the farmers on their feet again, it Will assist in reducing their obliga- tions and is bound to result in larger purchases after years of restrictions in that respect," he said. While the e¥pected increased business did not follow the harvest, there has been considerable sectional i since the middle of December. Mixed Farming Necessary He emphasized the need for the adoption of mixed and more scientific farming in the West and less depend- ence on wheat . The reduction in 'winter wheat planting in the United States he considered favorable to Canada, and he eventually expected to see the United States produucing only enough wheat to supply 'their own domestic needs, thus leaving Canada, already leading exporter in the world, as the sole exporter from North America. Before long, he referred' to the outstanding features of the fifty-fourth annual financial statement of the bank pointing to the gain of approximately $50,000,- 000 jn deposits, to the large increase in total assets, the readily realiz- able character of the Bank's hold- ings of Government and municipal securities and the strong position, showing that liquid assets are 49.36 per cemt. and cash holdings 27.87 ! per cent of liabilities to the public. mprovement | vious year, and on the whole | | In connection with general condi- tions appertaining to the operations of. the Bank, he foreshadowed issu- ance of detailed information regard. ing conditions in varibus parts of the country, and in other countries, where the Bank. is represented. Speaking generally of Canada, he stated that conditions on the whole havo been reasonably/ satisfactory. After referring to some details of these, he pointed to the fact that commercial failures during the past year were less than during the pre. the outlook is encoliraging. i Improvement in Cuba. He then went on to refer to con. ditions in other countries in which the Bank is represented, speaking of the profitable sugar crop im Cuba and the West Indiap Islands, where the general improvement looked for has been fully realized. He was pleased to report a substantial gain in deposits there. Other connections established have also proved satis- factory. Mr. Neill then went into a detailed tnticipated better conditions in the ©XPlamation of the system of super- West and, meantime, the farmers' . Vision of the Bank's widely distrib- troubles would have the full sym- | uted business, explaining that there Pathetic consideration and assistance | are committees of the Board of Dir. of the Bank ectors at Toronto, Halifax, Winpipeg While conditions in the West had ' and Quebec which meet regularly been responsible for many difficulties, he referred to some favorable aspects, which included Improvement in lur- bering in British Columbia, pulp and paper In Ontario and Quebec, and mining developments - in Northern Ontario, and coal and steel production have worked into a better position. After referring to the favorable features of Canada's foreign trade and some of the drawbacks of the United States tariff, he trusted that the British market would be exploited to the fullest extent. He stressed the need for a greater population and '| commented favorably on the adop- an ey cine st d in the COMMITTEE ROOM, BUILDINGS, on ay, Jan. 14th, 1924 pam., for the election hie for gf dirco. 2 of 'W. Hubble, 2¢ eet, on v -Exad Ys Jan. 15th 130 pam. of walnut lor. table, music cabinet, Walatt Gremsie: ry TUgs, carpets, quarter cut oak res, S, new mat- eboard, art $8, china, electric fixture '& host of other article ures 8. BEDFORD, h, Auctioneer. wm rn, and Fresh Meats 100 STEPHIN STREET DEPARTMENT OF NATIONAL DEFENCE os (Naval a eal NAVAL PRIZE FU Supplementary Di Department of Service) is ce| loan. tion of a more aggressive immigra- warded to Montreal. ; In this connection he re- | thorized by local directors are sub< bee tion policy. lated the efforts which had n adopted by The Royal Bank to assist prospective settlers with respect to in- formation concerning the country, by distributing abroad 100,000 copies of a booklet prepared by the Bank with that object in view. He also pointed out that the services of the branches were being gratuitously offered to intending settlers. Bank's Business Abroad Turning to foreign countries where the Bank is established, he referred to the improvement in the Cuban situation, resulting from the better results obtained from the 1923 sugar crop, that country's prosperity being assured as a low cost producer of one of the world's.prime necessities. * The President pointed with par- donable pride to the fact that there is not a southern country in which the Bank Is established but what is in- creasing its trade with Canada by buying more goods here. He except- ed RP Rico, a section of the Unitéd States, in that connection. Exports have collectively increased ' 36 r cent. In one year and with improv- ed shipping facilities there is still room for further expansion. "As an international bank," he added, "we have done our best to forward Cana- dian trade and we are now reaping the benefits of this policy." As Can- ada' has increased purchases from the countries in question, the devel- opment 4s well balanced and both sides profit. 2 After making some reference to the foreign political situation and refer- ring specially to the improvement noticeable in Russia, - which he re- | Barded as a very favorable develop- ment, he referred to the satisfactory results obtained from the Paris and Barcelona branches as clearing hous- es for general business abroad. Canada No Poor Country Returning to the Canadian situa- tion, Sir Herbert said'he could not but feel that our people have good cause to, congratulate themselves. While not unduly prosperous, it was no poor country which subscribed so generously to the recently highly Successful Dominion Government "We will," he added, "come into our own when the tide of im- "In the meantime," he remarked, "there 1 bo. question that continued retrenchment is called for. | While in the East lumbering Ontario, Maritime Provinces, - | and consider, with the genior local executive officers, credits and * other matters appertaining to the district. He pointed out that for purposes of supervision, Canada is divided into six districts. These are Quebec, Mani- toba and Saskatchewan, Alberta and British Columbia. Each of these is supervised by an executive officer of experiencé, assisted by a staff of competent . inspectors. Credits are submitted to the supervisors by local managers, and after proper investi- gation by the former are either au- thorized by the local directors, or, if in excess of a specified amount, for- All credits au- mitted to Montreal for confirmation. A similar explanation was also given of how the foreign business of the Bank is supervised at different points. He went oft to.explain that at Head Office the General Credit Department is divided into sections to correspond with the supervisors' disricts, Before submission *o the -| directors, every credit recommended by the supervisors is carefully inves- tigated by the credit officials at Head Office and when finally passed upon, the directors and senior executive officials have the benefit of the views of the local manager, the district supervisor and the Head Office Cre- dit Department. System of § oy An explanation was also given of the system under which the Paris branch is operated, as well as the functioning of the Globe Realty Corporation, both being run as con- trolled corapanies, of which separate statements are given with the gen- eral balance sheet, as required by a new provision of the Bank Act. The Globe Realty holds a number of the Bank's properties in Canada with an appraised value of over $17,000,000, and the company has a bonded and floating indebtedness of $9,352,000. On this basis the Bank's equity is over $7,800,000, which is carried on the books at $1.00. He added that while it is quite {mpos- sible to estimate the realizable value of this equity, from the standpoint of the Bank as a going concern, it is a most valuable asset. Mr. Neill . defended the Bank against charges which had been made generally as regdrds Canadian banks of being extravagant in the character of thelr buildings. "I can say." he sald, "without fear of contradiction, that we have not been extravagant in our buildings." . He referred at some length to the criticisms of the banks and 'their methods, and remarked that it is difficult to understand what the erities hope to accomplish by their attacks. "The record of banking in he added, "as compared with other Countries, is undoubtedly sal ry. - As much of the criticism at Ottawa credit, conditions in' pointed out that the impe: of the banks to : eo from representatives of the Middle West, he referred specially to} t area and} { PRODUCE MARKETS. | ---- { Toronto. Jan. 12; Eggs: First, 36c to 37c. Seconds, 28¢ and 30c. Extras, 43c to 44c. Cartons, 46¢ to 46c¢. Cartons, fresh, 60c to 61c. Eggs delivered Toronto: Extras, 50c to 42¢. , First, 33¢ to 34c. Storage firsts} 31¢ to Pm 2e Seconds, 25c to 26¢. Splits, 23¢c to 24ec. Butter to retail trade: Creamery, extra fancy, 46c to 47c. No. 1, 45¢c to 46e. - No. 2, 42¢ to_43c. Dairy, 37c. Delivered Toronto: Creamery, special, 42¢ to 43c. No. 1, 41c to 42¢c. No. 2, 40c to 41c, Cheese: , New large, 22%c¢ to 231%e. New twins, 23¢ to 23%ec. Cattle, $6.25 to $7. Lambs, $12.56" to $13. Hogs, $7.50 to $8.25. Hens, 22¢- to 24c. Chickens, 16¢c. Turkeys, 30c to 35c. Manitoba wheat, No. I northern bay ports, $1.10%. Manitoba oats: No. 2 C.W,, not quoted. No. 2, 44%ec. + No. 1 feed, 43%e. Ontario ' wheat, nominal; 92¢ to 94c, outside. Oats, Onterio--No:--2, white, 38¢ to 40c. Hay: Extra No. 2 timothy, per ton, $15, ! track, Toronto. No. 2, $14.50. No. 3, $12.50, Mediums, $11 to $12. LOCAL NEWS. p-- Brief Items of Interest Picked Up by the Whig Re- porters. -- Don't forget Hotel Dieu entertain- meas, Jan. 14th and 1bon, . Retiring, pootos, Irames, everything cheap, cueup., Weese must close, Miss Jean Ramsay, iNewourgh, has come to Kingston to take a business course, S . dr, Swain, piano tuner, Orders received at 1Vu Clergy street west, 'phone 564w, Sir Henry Thornton will speak at A Board of Trade banquet in brock- ville on Monday nigat, Major F. Walsh, Kingston, was in Tweed purchasing horses for the Royal Military Coliege. Mrs. D. P. Boles, Picton, is in Kingston General Hospital, under- Boing special treatment. From 26 to 50 per cent. off suity and overcoats at Waggoner's forced. to-move sale, 188 Wellington street. E. Wilde, son of William Wilde, Selby, was operated on for appendi- citis In the General hospital and is improving. James Bullock was brought to the Portsmouth penitentiary on Sat- urday from Simcoe, to serve five years for burglary. Brockville hoékey fans will fun a special train to Kingston op Fri» day next, - ® to witness the Queen's- Brockville hockey game. : Rev. B. B. Brown, . Sherbrooke, Que., has accepted a call to Wesl Methodist church, Montreal, wh the vacancy occurs in June. ony BLUNDERS | OBO Or rn 0B nt | "That this convention go on re- cord as reaffirming their resolution ra:sed last year, af being opposed to the importation, manufacture and sale of oleomargarine in Canada, and that a copy of this resolution be forwarded to the minister of agri- culture at Ottawa, The above resolutior { with much enthusiasm, at the final | session of the 47th annual conven- tion of the Eastern Ontario Dairy- men's Association, held on 'rriday night in the Dairy School. ~ Darcy Seott, of Ottawa, secretary- treasurer of Natipnal Dairy Coun- cll, which is putting up a big fight tc: keep out oleomargarine, addyess- was passed | ed .the meeting, telling of the action taken by the council and calling up- on the members to do all in their power to keep the campaign' again oleo, : ' Th® final session was well attend- ed, and at the close 'a meet- ing of the directors was held, when the election of officers and" members of executive took place. xe een. Pre ident Newman Re-Elected President William Newman,: or Lorneville, had the honor of being re-elected president. " It was expected that Hon. E. W. Motherwell, dominion minister of agriculture or Dr. J. H. Griesdale, deputy minister of agriculture, would be present to 'address the meeting, out they were unable to be pres- ent, x Addresses were given by Darcy Scott, Ottawa; G. A. Putnam, direct- or of dalrying, Toronto; Dr, A. E. Ross, M.P:; Anthony Rankin, M.P, P. and Prof. H, H. Dean, of the dusty department of the Agricultural wot- lege, Guelph, : At the opening of the fina] session, the secretary, T. A. Thomp.on, pre- tented the prizes won by William Newman and Benson Avery in com- petitions held at the convention. The auditor, J. J. Payne presented a report showing the financial con- ditions of the as:ociation. The total receipts amounted to $2,870.85 with expenditures, $56,750 80, show- ing a deficit of $2,880.02, This de- ficit was caused principally through the exhibits but the assets of the cheese would bring the deficit down to $800, Go-Operation Wanted. Dr, A. E. Ross, MP, appealed for organization and co-operation in the dairying industry in a splendid address. He spoke of the competi- tion the Canadian farmers to meet with and called upon all en- gaged In the business to do all in their power to promote their 1nter- ests. Dairying was regarded as the best industry in this country. The dairymen had it in their power to keep up the Canadian standards end also to increase these semmuwards. The success depended entirely on the amount of hard work put into it. Touching on the question of im- migration, he stated that this was a4 matter that should receive very careful consideration and undertak- en in an organized way, Athony Rankin, M.P.P., spoke on dairying as the chief industry In Frontenac county and complimentea the county on the laurels it had achieved in cheese and butter 'maw ing. "Mr. Rankin also put forth appeal to the dairymen to Building up their herds. an keep all Darcy Scott's Address. Darcy Scott, of Ottawa, secretary- treasurer of the National" Dairy Council, gave an account of the ac- tivities of the counefl end the steps taken to fight against tha tmporta- tion, manufacture or sale of oleo- margarine in Canada. He pointed put that the manufacturers and dis- tributors would stage a fight to have oleomargarine come in again, but the speaker held that there was no. reason why it should be allowed to Jeome in.' He claimed that the de- mand for it came from those finan- cially interested, There was no bsire for it from those who wanted 'eat oleomargarine. The speaker claimed that if was unfair to allow ol TEarine to be put om rae 'ma It was not a question of protection 'bat ving a fair Dtacti one" bf | deal. Objection was being taken on jhe grounds of unfair go cream. reduced, resulting in a saving of $185,000 per year. | ------ Olmstead, Leonard; A. J. Robertson, Martintown; T. Campsall, Harting= ton, Auditors--J. J." Payne, Briston; George Leggatt, Newboro. The board of directors are consid- ering the advisability of making Kingston the permanent home for the holding. of all conventions in view Of the facilities of the local dairy school for the holding of these meetings, This year's convention was voted the most successful held in many years. Tae Late W. J. Savage. William J. Savage, painter, 192 Bagot street, died on Saturday morn- ing after a prolonged illness. De- ceased was clever at his work and won. favor, Hé was prommesv as a Liberal worker, enthu:iastic and active in the promotion of the party's principles, He was a Methodist, a member of Queen Street Methodist church, which he had attended since its founding. Mr. Savage was a genial, happy citizen, widely known and respected. He is survived by a widow and one daughter, Mrs, W. D. Hart, New York, fortunately here visiting her mother; also three sis- ters, Mrs. James Massie, Toronto; Mrs. John Mills, Chicago, and Mrs. Richardson, Indianapolis, -- Death of An Infant. The death occurred at the Gener- al Hospital on Friday of John Law- rence, infant son of Mr. and Mrs. Joseph Smith, Pine street. The little fellow was only fifteen months old and during his iliness had won the hearts of the whole staff of the hos- pital who, with many other friends, will offer the sincerest of sympathy to'the bereaved parents, The funeral 'took place Saturday afternoon : to Cataraqul cemetery, The Late Mrs. Fearne. Mrs. Charies Fearne passed away this morning at the Hotel Dieu hos. pital at the age of 'sixty-one years. Although she had been ill for some time the death came as a shock to many friends. The funeral will be held on Monday afternoon to Cata- raqui cemetery, Rev. T. W. Savary of- ficlating. tie Late Gus Edgar. There passed away in the General Hospital on Janyary 10th, Gus Ed gar, of Fredericksburgh, at the age of eighty-four years. Deceased had been in ailing health for some time. The funeral was held on Friday te Cataraqui cemetery, -------- The Late Mrs. Toole, One of the most widely esteemed and best loved ladies of Gananoque passed to rest at the Kingston Gen- eral Hospital on Friday in the per. son of Mrs. Eliza Kirkpatrick, widow of the late Augustus Toole, Gananoque, The late Mrs. Toole was born at Castlebar,- County Mayo, Ireland, eighty-seven years ago and came to this country with her paremts when she was but five years old. The fam- ily settled on a farm of the river side about four miles east of Gana- noque. After the death of the head of the house, John Kirkpatrick) the family moved to Gananoque and there Mry; Toole resided until her marriage to her late husband sixty- elght years ago. Mr. Toole predeceas- ed her thirty-four years ago. > She Is survived by three children, Mrs. D. J. Lloyd, Gananoque; Mrs. James Halliday, Brighton, and Mrs. J. Nelson, of Calgary, Alta. The fun- eral will be Feld from the family residence, Gananogue, on Monday afternoop to: Christ church and thegee to Willowbank cemetery. The Rev. L. Barber will condmet the ser- vices. The passing of Mrs. Toole will be mourned by all the people of the district. : | -- Late Miss Catherine Johnston. The death occurred om Saturday morning of Catherine = Johnston, daughter of the late Mr. aud Mrs. 'hall on Wednesday evening. - Francis Johnston, formerly of Lough- boro. The deceased was a faithful mefber of the League of the Sacred Heart and of St. Mary's cathedral. She is surviyed by twa sisters, Miss Julia and Mrs. Patrick "Walsh, and three brothers, David, John and Wil- liam, ---- a NEWS FROM PITTSFERRY, Quite a Number of People Sick List. - : Pittsterry, Jan. 9.--Owing to the heavy snow storm and high winds which prevailed here Sunday and during the ght, the main roads were in a bad condition and the Are on '| side roads were ,completely blocked fora shoft time on Monday forenoon but were soon made passable to the different polling stations. We are glad to hear that the mem. bers of this council of 1923 were re- elected for another year. Kenneth and Howard MgLean have returned home from Ottawa after spending some time with theif uncle. The Ladles ofthe Commun- ity Aid. of the St. Lawrence church met. at the home of Rev. Dr. and Mrs. Coeper, Gananoque, east par- sonage, on Wednesday afternoon. A number in this vicinity are on the sick 'list. Those 'being Mrs. © H. Brash, Miss Helen Brash, Miss Mabel Spence Mrs. R. Ranous, Mrs. T. Payne, Miss Jean Simpson and: Mrs. A. Simpson, but wé hope for a speedy recovery. 'Miss Bessie Lane, Kingston, spent the week-end with her parents here. The . Epworth League was held at! the home of Mrs. Robert Barclay on Friday evening. The many friends of Rev. T. Lancaster are glad to hear that he is able to be out again after his recent illness. Mountain Grove Tidings. Mountain Grove, Jan. 11.--A number of men and teams are en- gaged drawing gravel on the roads. J. Dp>w had a bee on Tuesday, cut- ting wood, and his little son met with an accident which might have terminated fatally. Unnoticed he ran behifid one. of the men who was chopping, and the axe struck him on the forehead inflicting a very painful wound. He is doing nicely now, however. Mrs. MH. Hardwick has returned from Kingston General Hospital after undergoing an opera- tion. A cheese meeting was held in the' Mrs. D. J. Cronk entertained the mem 'bers of the Women's Institute on Wednesday afternoon. One of our most popular young ladies, Miss Rosa Card, was united ih marriage to A. Haggerty, Tamworth, on Jan. 2nd. The marriage took place at Peterboro, Rev. W. Buckler, a forur er pastor of this place, but now of Peterboro, performed the ceremony. The best wishes of a host of friends will follow them to their new home at TamWorth, Mrs. T. Flynn, Saskatchewan, has arrived to visit relatives here," The C.P.R. bridgemen are again laid off - for an indefinite period. Mrs. E. Fox is visiting friends at Napanee. "Dropped Through the Roof" Of the opening of the curling sea- son in Smith's Falls, the Revcig News sald: "It was amusing to note on the first hour of curling to see 75 or 100 men appear at the usual point of observation as if they haa automatically dropped through the roof. From a full fage view at the 'Plate glass artists' they all hold the regular po:itions the same as they lent last March, and the high class eritigism of former years will be put to shame if the commencing, night is any indication." Long Time in Possession, _ At Bishop's Mills, the Cochramp farm, recently sold by J. G. Cove rane, to Mr, Crawford, Heckston, has been owned by. members of the Cochrane family for the past sev- enty-four years, : Ch an --------------. : Whatever career you embrace, proposd to yourself an elevated aim and put In its service an unalterable constancy. 3 "The silence often of pure inng- cence persuades when speaking fails, |