ACTORS ‘am.os and was f bis putting in : meant that the m‘octric washer, ric flatâ€"ironm, and ut the house. who seemed to for Yking the ighty good reamâ€" old her that the ul brought Iner y and renewed ia. _1 carm thirk be more like‘y lifelong friend lady a‘so had a was more than was more tiaf® e purchase of that it would ed by ownnng vantages that The seeming be qvercome h ahut @ n# sns ogmzes the ¢ machinery en longs in uipment for evesiers Temmlel inypo rtaitc® angr & im and terested > fact rough were mat it Sh Th ut tap might s _ and luence W werg Or® this had had ard ler Mas and bo H m the CONGNE wisy s i. _ "S, mngy. ~ «20 currency, and with it: he could put it in the ofg.| extent for the scar (ashioned stocking (and there was a | Silver. They wore als good deal of hoarding of this sort at; & Source of cccasio certain periods), or he could take it‘ merchants, for the to a merchant and get him,to place SOme of thim that it in his stromgâ€"box. Every merchant sented for paymentâ€" of importance in the early days hai !9st or destroyed, 7 & strongâ€"boxâ€"a great ironâ€"boung | krown, actually, wh chest, as a rule, studded with nails, Used them as waddin and securely locked and padlocked. Of !0¢ks. Finally, during Course, the merchants did not allow , Still another variety interest on the moneys placed with Tade 'ts appearance, them (it was only in 1835 that evm‘authontres, in order t the banks began to allow interest on| W2" purchases in t},, deposits), but the gold and silver in What were known as these formidableâ€"looking strongâ€"boxes NOtes redeemable at of another day were reasonably safe, Office in Quebe.c in G and the arrangement answered most Of exchange on Lond requirements, ,’Flfl-'.'ed. current as rca As a matter of fact, there wm';"dfl‘_"’f!'mtmdoubt ;be comtaratively few people in Canada familiarize people « in the early days w;:pwem looking the advantages of a re for places to deposit money. There CUTrency such as ba; was little gold and silver in the coun. | established, be expected try, forâ€"like alb new countrieoâ€"("an.-} (Continued nest ada had an adverse trade balance, and Fj was ~meecrear < money, eâ€"pecially good money, tended 'ndin‘ & Cure fOI annstantly to escape from the colo ’ 6 es Trade was local, :::d was carried 'L’; _ It is reported that a 6y % ammenedicts °Ts P Wipes,goo _ _ CSB.,, ~~/ "CeP, OUL Uftimate 4y, 1 suppose, be summed up under: inconvertibleâ€"mere fiat three headsâ€"deposit, discount, and Of course it fell to a fr issue. â€" Banks exchange money for face value, like the Con the right to demand money; they ex.| |ars of the American Con change the right to demand money for| , After the British co money itself; and they exchange the: Government of Nova Scoti rightâ€"to demand meney for other & time treasury notes rights to demand it. Before the in known as "shinplasters" stitution of banks, ail these functions| were convertible, and 5 were performed in Canada by ather‘ useful service, During th egenciesâ€"though not so completely| Century of British rule, it 1 or so satisfactorily as they are per.) the practice of a number of formed toâ€"day. l to issue notes or 1.0.U.‘sâ€" Take the case of deposits. ;¢ some| "Doms," from the fact that fortunate person, in the early days in marked good (Gon) for a c Canada, had more gold and silver than ! ourt of money. So long a he required for his immediate needs,] Chant who issued these no and did not wish to place it onit_anTFuud stariime " 4s _ C _v, NO Saom o o io inss loan, he could do Rnindnpsizs t ion & NC Tact that, before banks were , lished, the functions of banking to some extent performed by agencies. The functions of bay Wheees c o se Wns c c ooo _ .. . 1 ___HICh ‘apsed between the first settlement of the country and 1822, The answer to that conumdrum lies in the fact that, before banks were estab. lished, the functions of banking were to some extent performed by other : agencies. The functions of banking / may, I suppose, be summed up under three nmurde 31. . " 1 Comi It â€"m.;;:cur to you to wor people in Canada got along d\l?ing the two centu more which clansed hak.._ CBP Adabmrentiaact 4. ness in 1817. But 1822 w i» which chartered banking really began, It may be intnrestinc to recall that it is just one hundred years since chartered banking in Canada began,. It was in 1821 that the Bank of ‘Upm‘ Caradaâ€"the first chartered bank in Upper Canadaâ€"received its charter; and it was in 1822 that the Bank of Montreal, the Bank of Canada, and| the Quebec Bank were chartered in Lower Canada. Severat of these banks / had already been in existence for a| short time aAs private banksâ€"the Bank of Montml, for instance, began himei | THE PLACE OF THE BANKS _ ~HEme AnG get him ;to place is stromgâ€"box. Every merchant ortance in the early days hai mgâ€"boxâ€"a great ironâ€"bound as a rule, studded with nails, urely locked and padlocked. Of Â¥Whis TD wiemol 9e 100 ns t ic o d 45 ;, 3 , 10L otheri= Iime \ treasury notesâ€"familiarly It. Before the in»-'[ known as “ahhap]asters"-but these , ail these fnnctions,‘ were convertible, and performed a n Canada by other ‘ useful service, During the first halfâ€" not so completely | Century of British rule, it became also Â¥ as they are perâ€"| the practice of a number of merchants I to issue notes or 1.0.U.‘$â€"known as C deposits. 1f some | ‘V'bor?s," f’ronll ‘fl:e f‘ac.t that they were It ShG GCAFIY Auve in l HBPEGL ouns . lc ftance, began busi.| of 1822 m the year: P@ %’wo_ things °_ _""O year, Faper currency in Canada at all. In in Canada | the eighteenth century, however, the I French authorities in New France reâ€" mder how sorted to the expedient, in order to a w.'u,ou,t'pvemome the scarcity of coinage, of uries and) issuing what was known as card the first! moneyâ€"playing cards cut in four, ind 1822, pieces, marked good for various amâ€"| im les in ounts, and countersigred by the inâ€" ‘re estab.! tendant. At first this card money was img were‘ & real promise to pay later in gold or by other: Silver, and it circulated froaly at its | banking! face vailue; but ultimately it became â€" P under; itconvertibleâ€"mere fiat moneyâ€"and . int, and Of course it fell to a fraction of its , mey for| face value, like the Continemiay 1‘1" | ., Department of History, University of Toronto. + 77CFrCHants, for there were some of tham that were ne sented for paymentâ€"that we lost or destroyed, There we known, actually, where the used them as wadding for th locks, Finally, during the war still another variety of pape: Mmade its anmnamnne. Li on beiiiviainieiontcs is cutll . t s LalF 1 extent for the searcity of wol} : silvor. They were also, it may be not & source of occasional profit to i merchants, for there woere usua some of tham that were never pj sented for paymentâ€"that were eith lost or destroyed, There wera cas known, #Ctually whaus un . y / WB ho i2 ~ B "cen'tury of British rule, i the practice of a number Ito issue notes or L.Oo.Uu. "Dbons," from the fact th marked good (bon) for a ourt of money. So long chant who issued these : guod standing, they gain erable curranme sw‘ > . IN CANADIAN EistORY * 4 % €1000 POosOE PC+ sorted to the expedient, in order to overcome the scarcity of coinage, of iosuing what was known as card moneyâ€"playing cards cut in four pieces, marked onnd gu2 ___. " 1998 n PR Fats c is 23 2300 11 217017 privateers in both American end B: izh ports; and wh‘‘s some of his & were brirging baci into Hal‘ry i bor American prizes of war. cth. Lo ce S d . ing the T 2C was known as card PJ â€"playing cards cut in four, marked good for various amâ€"| and countersigred by the inâ€" _ At first this card money was romise to pay later in gold or ind it cireulated froaly at its} a ne* Inink enhht, 204 1y lt 9 ‘Y. So long as the r sued these notes wa: #, they gained a con of 18127 be outfitte made up to some mately it became fiat moneyâ€"and a fraction of its Continental dal-i Congress. _ conquést, the Scotia issued for CCTe hC / Oudntled American and Bri: e some of his Ships kdato Ha‘:x Bbip. zes of war, sthors e bringings Britich the harbors of Bo;â€" »7¢ may be noted, profit to the a certain amâ€" the merâ€" 3 was in old and # c> PEACE DECLARED IN IRELAKD BY mrac) _ NORTH AND SOUTH GOVERNMENTS 4s sidâ€" (3) All police on duty usual secret service men, formed and officially nun (4) AH arms aml ams» (2) An Advisory Committee Comâ€" posed of Catholics will assist in the selection of Catholic recruits for the special police. THIRDâ€"The police in to be orgarized in general ance with the following cor (1) Special police in mix to be composed ha‘f of Ca half of Protestan‘s. All s required for these forces t drawn to their homes and their arms. 200 0000 CE CCES UEXmPed _ _ SECONDâ€"From toâ€"Gay the ot Governments undertake to coâ€"opor: in every way in their power with view to the restsraticn of peace! conditions in the uns@#lA avroas A despatch from Loawdon The terms of the Irish agrec qs follows: FIRSTâ€"Peace is toâ€"dav ds 3| f * g 9 f a df Mveraye it Ee e aty/ (% 4 C â€"â€"â€"i_.. & ‘;-;7.3:‘?;‘3;;'\;1% ,; + 3 "’f“,'f' (# c /'i * A despatch from Toronto says:â€". ns ‘i%z_ o e on lt e . e o iA ht â€" Bir John Craig Eaton, presiden of the 4 ai Teï¬ t kaeet #4 i2 ib e \JN ’ o ‘_|T. Eaton Company, Limited, passed i h ye" a‘t sys o K OyE 77 away at his residence, "Ardwold," & :j-.","_ ea ,';_ Enc s e? \s." oc " Davenport Road, Toronto, at 9.40 * Meitga" iz Taey 73. e en o t M j ; Thursday. Death came after a lingâ€" 6 A Ees s*\ > , ering illness of scven woeks‘ duration, :1 e ly, 34 3 Although on‘y fortyâ€"six years of, | "rra *ï¬ â€˜# y on 8 T ego, Sir John Eaton was one of the ’ Ts .;\95‘,“' :J ‘ Cq . ~ |cutstandinz fig=res of Canadian inâ€" f [ m9" f . po ~ mA dustry aniscommerce. _ For fifbeen . ' & C\ . "> «* | years he had been at the head of the ; ‘ j largest retailing establishment in the . it 7 nm.ï¬;-n & 1 MAP OF sTaTEs AFFECTEDp BY WATERWAY Prosrer .4 Britich ! 'Ihfl ifopinfeerene nael oo us C i CCC MAP oF sTtates AFFECTED B;JWATERWAY Tho e‘gh:teen heavily shaded states have, by act of or hy declaration of their Governors, organized and voted the great St. Lawrence Deep Waterway project in whic vitally interested. An ilea of the vast area of country t] may be gained from th‘s diagram. s mLitk in Loudon fays:â€" + y s oo Irish az':.»:mz;is‘ . AIXTHâ€"Irish Republican army ac-', respoot * â€" are ; tlv-j....e% are to cease in the six count‘2s,| with w i Inofnk Aurhann ’f? thereupon a method of organizins) inStittt 10 000 COBMECE AOL W snn 9 l oc im o4 20000 \%) dustry aniscommerce, V\ & f’}‘ & Iyean he had been at t j 'lar.ggst mtail-::ng establi ‘ECTED By waATERWAY ProjECT â€" | British frm?xre- As od statos have, by act of their Legislatures ‘ gmbdxn; °L i:ï¬:dmihgm Tnors, organized and voted funds to promote of that ir;amense c:‘m:erx Waterway project in which Canada is also expansion, _ His name the vast area of country this scheme affects n in ow s EIGHTH homes of ; y Cor ONTARIO ARC TORONTO mo i ie ouy CC OOE . SUyB.% | The Agamemnon, the latest of the | British preâ€"dreadnoght fleet in the navy list, will be commissioned at Portsmouth for a series of experiâ€" _ments in gunnery and bombs of a highly confidential nature. The vessel will be steertd and controlled by radio, which will ngt be put out of action by the heavy concussionis, m« 0 L2 P C EO TY THeTe one Arthur in the near future. It is the in I0On, gg _ ___, â€"_Part m the gress wer, comâ€" Ithough on‘y fortyâ€"six yeam of, SCY After the outbroak of Nss ;ï¬o:uzo-v‘ey(?t the ‘:i:u:r:l-ku:. with Although only fortyâ€"six vears 0f|ties, he offered $100,000 to the o0*â€"! he possibility in view of becoming ego, Sir John Eaton was one of the ernment for the purchase and equipâ€" financially interested in future de ~ | cutstandinz figsres of Canadian in~/ ment of a battery of Vickers‘ quickâ€" velopment work, dustry aniscommerce, For fifteen / firing machine guns, mounted on A muskrat farm will shortly be es * | years he had been at the head of the armored cars. This offer o ts 55/ fablished at Newboro, Leeds County, largest retailing establishment in the ed, and the Eaton Machine Gun Bat fntaric, by Dr. G. R. Richards. BDr. â€"| British Empire. _ As president, be, tery was sont overseas at Sir John‘s Richards has leased a large bay in es | Euided the fortunes of the T. Eaton ‘ expense, Not satisfied with this, Canâ€" | Newboro Lake in the Rideau chain, te Company, Limited, through the period ada‘s merchant prince @ave the Gov. |and in the spring intends to enclose of that immense concern‘s most rapid ernment the free use of his steam it with wire fencing, where muskrats * expansion, His name was known yecht the "Florence" and of his Marâ€"| wq be bred. He aiso commenced a *3 from coast to coast, wherever, in fact, coni station at Toronto. During the black fox ranch at the same place. | the mails carried their dally load of war the "Florence" was used for paâ€" The first shipment 0f an order of d ’ merchandise sent out by the Eaton| trol duty off the Labrador coast, 13,500 tons of newsprint, which. Price distributing cenitres scattercd over the !‘ Of gencerous proportions were Sir Brothers Company, Quebec, has conâ€" Dominion from Saskatoon to Moneton, | John‘s donations to the many aruxil-f tracted to supply to the London Daily The heir of great wealth, Sir John'sl' iary funds necessary to carry on the | Express, will be made this month, acâ€" imnnate genuincness of character and; war. The Patriotic Fund, the Vlt'tory" cording to the general manager of that his broad and democratic human symâ€"| Loan campaign, the Navy League, the | concern. The first shipment will conâ€" pathies had gained for him the l4i‘king,; Red Cross Fund and numerous OTOPE | gjag of one thousang tons. The total .| respect and admiration of all those‘ reaped the benefit of his munificence, | value of the shipment is approximateâ€" | with whom he came in contact. The Fitting recognition of this and manw'! ly $900,000, ‘| instithtor of reforms in working comnâ€"| other features of his war work came,) â€" a despatch from Kingston, Jamaica, | ditions and hours of labor, affecting ; when on Jure 3, 1915, he was created | states that the Legislative Council has twenty thousand employees, his posi-‘a Knight Bachelor, | passed a tariff moeasure gilving a pre. tion in the industrial sphere wm} Sir John is survied by his widow, | ference of 25% on goods imported | unique. Known as Canadia‘s lnrgest; Lady Eaton, his mother, Mrg, 'l'im-i £P0M CBBAOH BME Paeasd s ie /A C [ employer of labor, a philanthrop‘is-t, othy Faton, four SOME . PRimmngd i ue i | whose benefactions manmiag :_,_ "VCi Othy E: Prince George tha maf, ____ 70 °, °* wierever, in fact, | the mails carried their dally lsad of ’ merchandise sent out by the Eaton 'di;tribuï¬nwg cenitres scattercd over the Dominion from Saskatoon to Mon:ton-.! The heir of great wealth, Sir John’sl' imnnate genuincness of character and ; his broad and democratic human symâ€"| pathies had gained for him the liking, | respoct and admiration of @ thasa‘! hastat 0 300 & onided tha 2..,*_ "*® President, he guided the fortunes of the T. Eaton Company, Limited, through the period of that immense concern‘s most rapid expansion,. His name was â€" known from coast to coast, wherever in fo. away at Davenport Thursday, ering illne: DEATH CALLS PRESDENT o _ _ <~ > THE T. EATON COMPANY, Toronto WELL ,SUuPPposSin | WAs your BROTHER HeEN WouLD | sz MY OWN unciet? Toronto. , youngest son of the ?? 1 Weekly Market Report 0, â€" "Ardwold," ronto, at 9.40 e after a lingâ€" vaeks‘ duration, ‘sal #@ 5h. ... _ co‘0P, pet imp, gal., $2.50; per 5 imp. pais., $2.35 . Maple Sugar, lb., 19 to 22¢, T5e;]| Honey, 60â€"30â€"‘5, ting, 14% to 15c Me; | per lb.; 5â€"2%â€"16, ting, 17 to 18e per lb. Ontario comb honey, per doz., $5.50, inal, Potatoesâ€"Onuriq 90â€"lb. beag, $1 to $1.15; Quebec, $1.25, Seced Polatces, . or | Irish Cobblens, $1.75 a bag. | >Â¥ Cimenicact se un i,; $4,40; ]primes, $3.85 to $1 AJ C 7 !â€M' Peg pfcï¬r{xcts:-,'S)mp _ _ »moked meatsâ€"Hams, med., 32 34¢c; cooked ham, 47 to 50c; smo rols, 26 to 28¢; cottage rolls, 30 82¢; broakfast bacon, 29 to 33¢; spe brand &-eakfalt bacon, 87 to .4 backs, neless, 36 to 41c. k 7Cunr\od. meatsâ€"Long clear hban ELggsâ€"New lTarid,V;;x'?J.!ed, 31 t ne: laid, i’l‘l ecartons, 34 to 35¢, A man‘s hardest competitior to be himsels, King, has been transferred from the battleship ITron Duke, stationed in the Mediterranean to the Quen Elizabeth, flagship of the Atlantic fleet in home waters, which will soon carry out exâ€" tensive manceuvres, Admiral Sin John de Robeck will soon take comâ€"‘ mand of the Atlantic fleet: Admiral! de Robeck is regarded as the coming | man in the royel navy, which is beâ€" Keved to explain why Prince Ceorge is to go with him. Beansâ€"Can, Margarineâ€"20 t wrea; one daughter, Florence ry; one brother, Major W, F, Eaton Oakville; and two sisters, Mrs, J, Burnside, and Mrs. C. E. Burden, i of Toronto, I 100 PEmRERIOme Ti a P ; recent minera} diecoveries in the Port the share that he himse‘f wouf. ; k in giâ€"| Arthur and Schriehor districts, a party e mhare mfâ€the MIG( Boston capitalists and mineral de verting â€" the Tesources oi ion| Y@!0PErs are expected to visit Port organization towards the prosecution| |"‘VPCTS &1 of Canaita®s weugp 1 _ , ~ PDyee John‘s the sh: p!‘inc.h.wg,. Nct the leme £. â€"=_ _ |. The Hero of the Marne, has treal. l in Victoria from the Orient, as t." No 2, 65¢: “" voy of peace. He sti;] wears t Man. Spring wheat| fOrm of the Prench army but h W oats, bag 90’ sion on this occasion is solely 50. Shorts, 338., interests of a pPBYMADONt neace M, car Inte €90 ..6 'l‘l:enb.hld-&halhontnreud ' sepecially about the bumning of «. | match for the emallest child. A chila A ummym“ lnohod-hnbonnc-nnmy :":".‘. and because children ase se w’“‘.l“ h""“""“m-â€"n.n, goe* ~â€" .] Fire Marshel Lewie, Ontario. LCC eeor en A e 3, 1915, he was created ,’ state chelor, powks FUVWd by his widow, | ferey his mother, Mrs. Timâ€" / from NuUr sons, Timothy Craig, 590 Edgar Allison, Gia.b,ï¬f Pisce @ ~ Ananadatc.l line manvic fleet in home i soon carry out exâ€" ‘res. _ Admiral Sir will soon take comâ€" intic fleet: Admiral irded as the coming 28¢ â€"picked, bushe} â€"-W? CZI UiC s 1°° COCCOOn i R h irds ‘the prosecution) YeWD¢TS are expected to viek" Port _ in the gresx war. Arthur in the near future. It is thiclin outbreck of hostiti.| !°2ti0n of the party to Beds a 100,000 to the Goy.]| PA ®urvey of the mineral areas o:';- urchase and equipâ€" the possibility in view of bgo.;- r m Mssy e oo oMbametalie © dull l .0 9 of > ing ce gave the Gov. use of his steam " and of his Marâ€" nto. During the was used for paâ€" to ©40r; ; 82 to (q [ _ _ _ "CCC Hermmom ehot; it never hits in the proper spoi ; Ad the joke you epring that you think. #o smart, may leave a wound in some fellow‘s heart, to 82¢ 1. 12 5 o6 i neal WoUre â€" it l killed his cats; and, rather than arpus |lcl'oen the fence, I paid him four dod. lare and fifty cents ($4.50). One night ‘llgt-flhgumbdloon,andhope«l i# would soar til 1t reached the moon ; but the candle fell on a farmer‘s straw , and he said lmtmueorgo to Jaw . Anddlul-t:h-m'viu: the random whink* ME nummess t on 4 o C J shot an arrow in in the distance, 1 kn a neighbor said that and I had to pay hi ought L . [ P Orchern », Ontario, which has Balzoreq increaseq !momemum from the exveptiunnu,v | favorable results at the producitg golg mines, According 19 the Depanment Of Mines more than 30q claimg were recorded in Janvary ond Febmry in ‘ the Lardner Lake mining division _ The curren; with a gerers) mining | clajgy,, Ontario, which momentum f, favorable resy); MIANGK, | Arnanra Matches and Fires. J Ontario peaches | California peaches ISI,p!ro. ©oâ€"operat; Btate, who addrecs of fruit growers at Sapiro is reported by employing the coâ€"operat‘ve imarke trict should acauire of commercdial ppro. fruits with Califory C e riny 4 advisory counc‘; of l fjoumal:‘sts, authors, | social workers will | the producing un | against possible evile, | _ Almost every avail; ing space in the hay has now been leaseq son, and shipping c0; ting their sheds and 3 in shape fopr anr carly gation. Acting at Random e.[ A despatch from Kingston, Jamaica 4) states that the Legislative Council has (mued a tariff mtasure glving a preâ€" «) ference of 25% on goods imported =| from ('uadg and Greoat Britain, and of 1| 50% on Emplm-mlnu!'tcmm cotton t,' Piece goods. This legislation wil un. # | doubtedly have a beneficial effect on ) the trade relationa between Canada +/ and Jamaica, i. / K national Canadiap motion picture | movement, which has heen attracting |a great deal of altention during the past few months, hes culminateg in the reported formation of a Federal | company, to be managed from Otinâ€" | wa, which wil be known as the Ofâ€" slawl im Productinms (Â¥ cce C *slopment work, °/ A muskrat farm will shortly be es "| tablished at Newboro, Leeds County, ~| Ontaric, by Dr. G. R. Richards. Dr. 8| Richards bas leased a large bay in ~| Newboro Lake in the Rideau chain, * J and ln‘ the spring intends to enclose ‘| it with wire fencing, where muskrats | will be bred. He also commenced a | black fox ranch at the same place. | The first shipment of an order of 13,500 tons of newsprint, which. Price ’Bmd:en Company, Quebec, has conâ€" |tracted to supply to the London Daily | Rumress w 3.20 0000 SE @rrow into mce, 1 Ianow sQid that :+ Marshat Jorire _ L 22A " P08 walore, A1}1 that it kiled his cali, y him siz and a ha}f it some poilson to slay @a neighbor swore it ind, rather than aryneo p 4 ‘B_fd him four doi. c0â€"0perative every available adldroe med aches are hes lcd'(urd‘;; To the ai be known as ductions, Limg 1 of leeding et; * eong NQM» Leeds Dr. G. E. Richar« leased a large ke in the Rideau srable Loot of d ock harbor of Monirea ed for the 1922 sca companies are pui 1 harbor equipment y opening of naxi. Stof peace ‘atian motion picture has been attracting attention during tha to an o« °o Pave said t right imeotho4s ifdi0g ‘Ceumg etatesmen, , club women and 1 coâ€"operate with it to â€" safegnand expert & large ainaring the unj his mis arived 14 better 1 Prt of ihat ge audien » P8a as the Of. imited, | Ap Lhe 45 in A «i4«. DAViâ€" 10M 4C