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Durham Review (1897), 3 Nov 1932, p. 8

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h P Says Government‘s ‘Dear Money‘ Policy is Buining the Canadian Farmers The trade treaties between Canada and different parts of the Empire, particularly Great Britain, are still the only subject before the House. ing our farmers and all other exporâ€" ters. While No 1 hard wheat is bringing to the farmer in Alberta 29¢ a bushel, the Australian farmers are getting between 54c and 60¢ a bushel, plus a bonus of 9¢, while at the same time the wholesale price of flour is quoted at $7 a ton or 70c per 100 lbs in Australia and on the same day Canadian flour in Winnipeg was quoted at $4.15 per bbl, or about $2.08% per.100 lbs. That is, the Auâ€" stralian farmer gets ;. more for his wheat and pays less for his flour than the Canadian farmers. According to Mr G. G. Coote Canadian wheat, No 1 hard, would be today worth 60c at country points in Alberta or $0¢ basâ€" is Fort William if Canada had adopâ€" ed a policy of inflation as has been done in Australia. The farmers‘ position in Australia has been helped also by a reduction of the rate of interest. It is little wonder that J. Maynard Keynes, noted British economist, says that Australia has, in a financial and ecâ€" anomic sense, rounded the corner. In the face of these facts, how can Canâ€" ada compete with Australia in the British market? The general restlessâ€" ness has been increased by a falling market for hogs, cattle, wheat, etc. It looks as though a policy of inflaâ€" tion must come : one wonders how much more needless suffering will be forced on the people before that day comes. DerartmeNT or Einance, Orftawa, 31st October, 1932 Miss Macphbail‘s Woekly Letter The proceeds of this Loan will be used to retire $34,449,950 of bonds maturing 1st Novemâ€" ber, 1932, and to provide for the general purposes of the Government and the Canadian National Railways. The Loan is authorized under Act of the Parliament of Canada, and both principal and interest are a charge on the Consolidated Revenue Fund of Canada. The amount of this issue is $80,000,000. The Minister of Finance, however, reserves the right to allot or reject the whole or any part of subscriptions received, provided such allotâ€" ments do not increase the principal amount of the issue by more than $25,000,000. Subscription lists will open on 31st October, 1932, and will close on or before 16th November, 1932, with or without notice, at the discretion of the Minister of Finance. Subscriptions will be received by any branch in Canada of any chartered bank and by recognized dealers from whom official application forms may be obtained. ISSUE PRICE: Principal payable without charge, in lawful money of Canada, at the office of the Minister of Finance and Receiver General of Canada at Ottawa or at the office of the Assistant Receiver General at Halifax, Saint John, Charlottetown, Montreal, Toronto, Winnipeg, Regina, Calgary and Victoria. Applications will not be valid on forms other than those printed by the King‘s Printer. Bearing interest from 15th October, 1932, and offered in two maturities, as follows: $25,000,000â€" 3 YEAR 4% BONDS, DUE 15th OCTOBER, 1935 $55,000,000â€"20 YEAR 4% BONDS, DUE 15th OCTOBER, 1952 Subject to redemption at par and interest on or after 15th October, 1947 Payment to be made in full at time of application or in the case of the 3â€"year bonds, on allotment. DomINION OF CANADA 4% LOANâ€" 1932 The Hon. Ian Mackenzie spoke in a most impassioned manner. I think his style would be more effective if it were less impassioned: he speaks alâ€" ways in superlatives which is apt to leave him without force when he most wants it. Mr Mackenzieis, howâ€" ever, a man of learning and most unâ€" usual grace. He gave 14 reasons why he opposed the treaties, the last that the Conference had failed completâ€" ely to deal with the question of exâ€" change and the question of Empire content. He twitted the Minister of Trade and Commerce, Hon. H. H. Stevens, with not having carried his wellâ€"known advocacy of currency re form into the committee of which he was chairman. This committee, which was to deal with the money question brought in, he said, simply a series of academic, economic _ platitudes which were nothing but eyewash and whitewash from beginning to end. He had searched in vain the report of the committee for one ~ord on monâ€" etary reform by the Min. of Trade and Commerce. "Yes. You are proâ€" tecting the wealthy idle men as aâ€" gainst the interests of the consumâ€" ers and the primary producers and unless you wake up we will find some morning the capitalistic strucâ€" ture crumbling at our feet." Most members of the House of Commons received a letter of enâ€" treaty from the League for Social Reconstruction in Varcouver this week. In a letter it was pointed out that as the Finance Act now exists, provincial and municipal _ governâ€" ments can only obtain advances on their bona fide securitiee from charâ€" tered banks, at an interest of not less than 5 per cent per annum, whereas the banks themselves may obtain these advances from the govâ€" ernment of the people of Canada at $80,000,000 Dominion of Canada 4% Bonds Interest payable halfâ€"yearly, 15th April and 15th October, in lawful money of Canada, without charge, at any branch in Canada of any Chartered Bank. & 3 Year BOfldS, 99,20 ana interest, yielding to maturity 4.2 8% ©~20 Yca.l' Bonds, 93.45 and interest, yielding to maturity 4.50% The Minister of Finance offers for public subscription Denominations: 3 YEAR BONDS, $1,000 20 YEAR BONDS, $500 anp $1,000 GOVERNMENT OF THE 0 C ioi â€" y eP C Te npoigp ngei. % per cent per annum. It suggests‘ guest. At the luncheon Lord Reading that it is ridiculous that the municiâ€"‘ spoke briefly, touching most tactfully palities and provinces cannot borrow upon the Conference agreements, aâ€" direct from the Federal gov‘t at 3: voiding the pros and cons, and he per cent and goes on to say : "To also had something to say about the ommend the amending of the Finance Act so that upon the deposit of apâ€" proved securities the provinces or the municipalities may obtain adâ€" of being compelled to use the med The Railway Bill was introduced into the Senate by Rt. Hon. Arthur Meighen, the leader of the Gov‘t forâ€" ces in the Upper House. The Bill states that nothing therein shall be taken to authorize any amalgamation of he Canadian National with the Canadian Pacific, but there is to be cooperation between the two in the way of pooling resources, joint use of tracks and facilities and the forâ€" mation of any new joint stock comâ€" panies. The Governorinâ€"Council is to aâ€" bolish the present Board of Direcâ€" tors of the National Railway and substitute three trustees: the chairâ€" man to hold office for 7 years, and the others for a lesser period. All to be eligible for reâ€"appointment. The trustees are to act independently of shareholders, government and Parâ€" liament and to appoint, on terms arâ€" ranged by themselves, a chief operâ€" ating officer who will be called a president and who will be responsibâ€" le only to the trustees. The trustâ€" ees are to be in complete charge of financing: they are to make an anâ€" nual report to Parliament of operaâ€" tions, receipts and expenditures and Parliament is to have an audit every year made by auditors of its own seâ€" lection. The Marquis of Reading, distingâ€" uished statesman in many fields and now in the less exacting occupation of Liberal leader in the House of Lords, was the guest of the Prime Minister to luncheon Thursday. The Prime Minister invited all members of the House of Commons and the Senate to meet his distinguished world depression, but his theme was THE DURHAM REVIEW ments. He showed real concern over the tendency of ‘the world to again arm: his philosophy is that if guns continue to be built and loaded they will eventually go off again. His view is in line with what anyone who goes abroad these days hears, that the trouble is due to old rivalries, to the enduring spirit of mutual misâ€" trust, to the determination to ensure peace by armaments, when the enorâ€" mous industry of preparation itself suggests and heads straight for open rupture. It is thought now that this section of the session will have adjourned by the 10th of November. House of Commons, Ottawa, 29th Oct., 1932 Amos Presbyt@rian Church, Droâ€" more, will hold a\Fowl Supper Friâ€" day evening, Nov. . Supper served from 6 to 8 p. m., Yollowed by a good program. Admis#on 35¢: childâ€" ren 15¢. ~â€"â€"~â€" «@pCiigpageâ€"â€"â€"_â€"â€"_~ FOWL SUPRER AT DROMORE Amos Presbyt@rian Church, Droâ€" more, will hold a\Fowl Supper Friâ€" day evening, Nov. . Supper served fron_x 6 to 8 p. mM»,) _llowgfl by___a Success is a combination of good habits. Here are some to cultivate: Wear a smile. Eat regularly, slowly and moderatâ€" ely. Never be too busy to be polite Learn to control your tongue and your temper. Say good bye to the worry habit. Dare to be original. Keep in tune with your job. Never stifle your conscience. Never mix personalities and busiâ€" Be a teamworker. Look ahead, not backward. oz mtc tw w Couttt tm on SUCCES§$ HABITS <IO ARCHIVES TORronto 2 LOGAL ABD PERSOMAL : Mr Wm Bogle has his house and barn wired for the hydro and expects to have clectricity as soon as the work passes inspection. We â€"conâ€" gratulate Mr and Mrs Bogle on the many improvements they have made on their premises the past few years, one outstanding improvement being their new two story red brick home, which they built two years ago with all modern conveniences and now the Hydro. It is said by those visitâ€" ing in the village from a distance, that they see the most upâ€"toâ€"date farmâ€"homes here seen in their travels on the highway between here and Montreal or here and Detroit. We wish them many years of health and happiness to enjoy it He is second in the vicinity of Varney to instal Hydro, Mr Norman Schenk being the ‘first. Mr Bogle keeps quite a number of good dairy cows from which Mr Cameron Lauder who runs the dairy in Durham, gets his greatâ€" sympathy of the communty in the death of her mother, Mrs Sadler, of Wiarton. The funeral took place in Wiarton, Monday, Mr Rife and Irlâ€" ma attending. Mrs Rife will remain in Wiarton a few days. Mrs N. McLaughlin who has been visiting her mother, Mrs Drumm,, reâ€" turned to Hamilton. She was ac companied by Mrs Starling, who has been visiting her sister, Mrs H. Reid. After the service they _ will proâ€" ceed to the monument where the two minute silence will be held, after which the Last Post will be soundâ€" ed. Mrs Hastie is president of the organization . WOMEN‘S INSTITUTE WILL OBSERVE ARMISTICE DAY The Women‘s Institute will hold a Memorial service in the Presbyterian Church, Friday, Nov (lith, at 10 o‘ clock a. m. The following clergy are expected to take part : Rev‘s Miller and Scudamore, Mount Forest: Rev. R. Honxneyman, Dromore and R. W. Mercer, Holstein. At a meeting of Holstein and Fairâ€" bairn congregations, in the church on Tuesday night, it was decided to get a minister for the winter months. Five applicants will be Mrs Beley is now visiting her mother, Mrs Drumm who has been il1 for some time, but is recovering. The Dramatic Club put on their play at Priceville Tuesday night. There was a full house. Rev. Mr Miller, Mt Forest, look the services at Holstein and Fairâ€" bairn Sunday and held communion. Mr Andrew McMullen took the serâ€" vices at Mount Forest. The monthly meeting of the W. M. S. of the United Church, was held on Tuesday afternoon. Mrand Mrs Bert Watson and Mr. and Mrs Wm Allan visited the Hasâ€" tie family recently. Messrs John and Geo Brown were in Toronto on business the first of the week. Miss D. Crawford, Allanford, who has been visiting her sister, Mrs. G. Fenton, returned home the first | of the week. Miss Margaret Christie has gone to Toronto, where she has accepted a position. Miss Matilda Christie R. N., of Toronto, is home for a short holiday. Recent visitors with Dr and Mrs. Ellis were E. M. Edwards of Staunâ€" ton‘s, Ltd, Toronto: Wm Henderson of R. Simpson Co., Toronto and Mr. and Mrs Wm Sachs of Kitchener. Mr Win Thorne sp>nt the week end with his parents. Wm has been transâ€" ferred from the Bank of Montreal, Hamilton, to Kingston. Mrs E. J. Crawford, Danbury, Conn., spent the week end with her brother, R. J. Arnill. Mrs Crawford has "just returned from a trip to Vancouver and left for home Sunday. Miss Clara Arnill, Messrs J. Campâ€" bell,, Brown Irvin and Billy Arnili, accompanied her to Toronto. Mrs Hood, Vancouver, who has been visiting her nicce, Mrs Hastie, left for Hamilton the first of week. Mr and Mrs W. McMurdo and Mr Jas Reid, visited the McGuire family the first of week. Mrs Rife and family hbave the HOLSTEIN LEADER WILL HEAR MINISTERS VARNEY home of Mr and Mrs John Marshall, Friday night, Nov. 4th. The young people are planning *0"° . and looking forward to their opening night of the Community Circle, Oct. 31. We hope they may be interesting and instructive meetings during the winter months. A large number of friends and peighbors attended the funeral â€" last Friday of the late Mrs C. Mcinnes. We extend sympathy to the bereaved family. A number of the young people of this community spent last Friday in the home of Mr and Mrs Geo Hunt. South Bend, where the members of §. Ss. NO 2, EGREMONT Jr IVâ€"Percy Gordon, Bert Marshâ€" all, Ivan Johnson. §r â€" IMIâ€"Helen Lindsay, Lenore Davis, Clarence Gorâ€" don, Clifford Gordon, Jr IIIâ€"Robert Webber, Norma Lindsay, Geo Webber IIâ€"Harold _ Atcheson, Minetta Webâ€" ber, Stuart Pollock, Vincent Campâ€" bell, Vernon Campbell, Lawrence Atcheson. Iâ€"Clara Gordon, Vincent Gordon (@abs). Sr Prâ€"Rennison Andâ€" rews, May Marshall, Evelyn Atcheâ€" son. Jr Prâ€"Myrtle Marshall, Donâ€" ald Campbell, Russell Andrews, Corâ€" rine Figures donate per cent taken Class IVâ€"Marjorie Ross 80.6, Viâ€" ola Long 72.2, Mabel Love 62.2. _ Sr. IIIâ€"Howard Haw 79, Elva Bunston 77, Peter McEachern 72, Lloyd Long 62. ;Jr IIIâ€"Evelyn Haw 80, Beverâ€" ly Brown 70, Bill Brown 62, Victor Lamont 56. Sr IIâ€"Iva Lamont 92, Margaret McGillivray 81, Malcolm Watts 70, Robert Bunston 53. Jr II â€"Verna Eakett 88, Margaret Mcâ€" Gillivray 73, Carmen Love 72, Bob Brown, Ab. No. on roll, 26 the organized S.S. Class, of the UN ited Church, Holstein, met in honor of Mrs Rich Robinson (nee Eunice Tyndall)a recent bride and a former member of the class. An enjoyable social evening was spent. _ Mr and Mrs Robinson reside in Goderich. Mr Alex and Miss Jessie Merchant and Mr and Mrs Will Reid went to Meaford last Thursday. Mrs Struthâ€" §r IVâ€"Harvey Leith. Jr IVâ€" Lorne Eccles, Howard Keith, Elsie Hooper, Bessie Moore, Carlyle Gedâ€" des, Alex McMurdo, Dorothy McNalâ€" ty . Jr IIIâ€"Ruth McKenzie, Bill Morrison. Jr IIâ€"Bill Mitchell, Ethel O‘Karfka. Jr Iâ€"Kenneth Leith, Dorâ€" othy Harrison, Colvin Geddes. _ Sr. Primerâ€"Calvin Nott, A. J. Morroâ€" son, Hector McMurdo, Douglas Nott. Jr Primerâ€"John Harrison. ers, ;vl;o';as i);én their guest for some time returned home with t'lwm. Clarence Ross, are toâ€"0da; relatives at Ayr and Galt. Mr and Mrs Wm Merchant and Mr and Mrs Clifford Martin who have been visiting relatives here, returnâ€" ed to their home at Cass City, Mich. last week. While here they also visâ€" ited friends at Tiverton, Bruce Co. accompanied by Alex and Miss Jesâ€" sie Merchant. Mr and Mrs Swain and son Peter, Toronto, were week end guests of Mr and Mrs Mutch. Mrs J. Bunston, Dromore and her daughters, Mesdames Eccles, Hastie and Renwick, were guests of the Whyte family last week. Mrs Whyte returned home with them for a visit. _ Mr and Mrs T. Hattle, Mt Forest, were recent guests with Mr and Mrs Jas Nicholson. 2 "ib: D. Eccles visited a few days last week with Mr and Mrs Elmer Ross, Elora. Â¥4 Jaék Nicholson came home recent ly from New Liskeard. A * S. S. NO 10, EGREMONT 8. S$. NO 13, EGREMONT chill November days are here. A. L. Barker, teacher L. G. Ries, teacher nt, l"t Wy ln| PORIPTRTM 000C d Mrs Geo Hunt.| her death. the members ofl She leaves Class, of the Un.| sons: David, in, met in honor | Donald, also son (nee Eunice @04 Isabella ide and a former ilton)and an 5. An en’oy.'ble nurse, of T anent. Mr and| the last ilin« hn MarsDAL, ’____”'__ h l ys are here. planning for MRS CHARLES McINNES heir opening| _ There passed away On Wednesday, Circle, Oct. \ Oct. 26, at her home, ‘Heather Bra® e interesting Farm,‘ Egremont, Marion Y. Baird, during the| wife of the late Charles Mclnnes. | Deceased was born in Renfrew friends and | county, Sept. 8, 1806, a daughter of aP4) °* ‘wmovid H. Baird. â€" The early visiting 3, vide *®*** n B. Rasn.‘;r PrMarie Henderson, Bâ€" *Present every daY. There passed away on W eqneste? + Oct. 26, at her home, ‘Heather Bra® Farm,‘ Egremont, Marion Y. Baird, wife of the late Charles Mclnnes. Deceased Was born in Renfrew county, Sept. 8 1806, a daughter of the late David H. Baird. â€" The early part of her life was spent at Ottawa and Toronto, and after her marriage on April 24, 1895, she settled with her husband on lot 15 con 14 Eeâ€" remont. where she has resided until tain mo; e, which will be ;)N(il;c ed at the\time of sale, there will be offered fort sale by ASORRAOIAE, BA C and Isabellia (Mrs A. Munro of Hamâ€" ilton)and an adopted daughter Mary, nurse, of Toronto, who â€" assisted in the last iliness of two weeks. She also leaves four sisters: Annie. er than last year. Mr \Wm MRut'ller.’ of Hanover was elected chairman while E. G. Kuntz of Formosa, was reâ€"an year have drawn heavily on all of them and the main topic of discusâ€" sion was in dealing with this aspect of the business. The companies reâ€" port the fire loss to be slightly lowâ€" Insurance Men Meet Some 10 delegates from this disâ€" trict, No 8, of the Rural Insurance companies, convened in the Town Hall, Walkerton, recently, and dealt with various matters pertaining to the fire insurance business. In this group their are eight companies, all of substantial standing and carrying the greater part of the farm bulidâ€" ing insurance in these northâ€"western counties. The many fires of the past pointed Meaford, and expects to assume his new charge the first week of Decemâ€" Fairbairn Presbyterian Church ang one of its strong supporters. When well she was seldom absent and tho‘ frail, she always maintained . wonâ€" derful interest in the church and its voung people. She was a wide reader young people. She was a wide reade, and kept herself well informed on the topics of the day and the history of the past. Her sister, Miss Annie stayed with her for the past eleven years during her projonged illness. Mr Mcinnes predeceased her five years ago. The funeral service was conducted at her late residence by Rev Mr. Miller, Mt Forest. _ Mrs (Rev.) Mcâ€" Mullen sang a beautiful solo. Interâ€" ment was made in the family plot in Reid‘s cemetery, the pall bearers being James McEachern, James Mcâ€" Munro and Charles, of Hamilton. Many beautiful fioral offerings aâ€" dorned the casket. The family and rs of the late Mrs Charles Mclnandg appreciate the kindness and the sym: y shown by friends and neighbors their sad Ont., has accepted a call to become bereavement . Mrs Mcinnes was MOVEMBBE 3, 1988 David, Gladstone, ATW!"* , also two step children, CARD OF THANKS ; to mourn her loss four Beth Hincks, teacher well informed . on lay and the history sister, Miss Annie or the past eleven projonged illness. »deceased her five a member of In reporting the of North Wellington sociation, in Pergus est Confederate says Morton, an . Aberde president. Miss M. A Forest staff, delive finest addresses tha given by a presid what the character « should be." Blaze in Car caused and at time of wl pm., he appears q\ timistic . Gave Splendid Add In backing out . garage Saturday at McLellan received backfired after sta shot up around the for help and an al but four or five quenched it with a few burned wire sounded for North number of cars m auspices to and Ar of Detroit, side of th son of Nor Durham h 16 ratior Red Cross Tea The Novemb en 8th LoOw?t Duri n ind Wir Made Offic n YOL. LV New Chrigt Mess D.C.TOW\® Specia! Value M NO ited Fraace:s and M+ ver . loca LPHINâ€" Anglican T ble Nan n 4 and 10 n Chure Allen 1c _ Emilie s Edwar ORDER Hi( U M AR wirlt i qul at M h h

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