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The Signal, 1911-9-14, Page 6ii Y+enett to ::ettl treerfrt^flfllt. ?;', ..., • Ti,u 1 *T. Ytellle ins 14. 1911 TE SIGNAL GODERICH, ONTARIO • MILLERS AND RECIPROCITY. FLOUR BUSINESS IN CANADA IN HANDS OF THREE OR FOUR LARGE CONCERNS, WHICH ARE MAKING HUGE PROFITS --PAY LESS FOR WHEAT THAN THEIR UNITED• STATES COMPETITORS AND MAKE CANADIANS PAY MORE FOR FLOUR THAN IS PAID FOR SAME FLOUR IN GREAT BRITAIN. lo order lbal rt.,dess of lite Signal may understand more clearly the pee - emu of_ the flour milling business in ('amide, in relation to the tariff, some • • • •ra herr• given from A letter Written. by R. MrKehtie. ets0411t'y bei bad on the grilling industry of Waimea Cruseing Out Smaller Concerns. "It would be iutere.ting loo know what reason Mr. Meighen can advance why the nulls of Uaumda are not oper- ated to their full cApac,ty and why !bey do not grind the whole of the • •."^ ..•h.••• A review of the til M, 1)!1 p nae the Manitnl•s Groin Orowrfw iso@i$ tion, and published in The Weekly Sun might give the key to tbat situation. tloronto) of Match 15, 1911. Mr. Me The census returns of 11191 show that E the to1M'•.l�r tails i reply to a letter tbert• were 2,2E9 grist and• Never null K e r letter was in V Y Set ('auada ut that year, employingg 8,- ..rilt.n by the late Robert Meighco, g17 ale to whom the id :M8,• cos pr p Y PA pm.'dent of the lake of the' Woods tisi ,n wages, amd prcwucung to the Milling Co. 'value of $51,4'C3,280. The census of ItkL' Mr. McKenzie petard out that the gave only 839 grist and, flour mills in l:anaa, rm o •io 5.819 pre. pay - flour husinese of Caned* is practically log a' . ltf,lt�i7 �o wages and with a controlled by three or four milling total output of 1456,703,2110. Tbal dues firms, and that in conjunction with elevator rm., tsot indicate that Lee willing industry light ttogresst lhrt one or two large firms i g might be :epee" hxpecteas wdadeundet also in a large measure control the price of wheat which they use in their mills, thus practically control - r rue ewiditi'iss that have prevailed in Canada during the late twenty years. There seema to have been a large amount of capital destroyed through the ahrinkage to ling (be price oto their raw material tee number of grist mills, and that and 'tie selling pr ice of the mann• snuffing out process is constantly go- factured article in the home market. ing on. loeetThe realare mores Vtof mills swench have h Huge Profits. which represent a large amount of Mr. McKenzie continues . capital. lying idle through being at "The adventxge•oua position which these mills are in is indicated by the prohu; of their &tusi less, notwithetand- ii g their huge capitalization. Tbe combined capitalization of the three cotopaniee is $3,500.000 of 7 per cent. preft reed stock. $6.6116„000 of common tuck. and $1,573,001) of bonds. The net earnings from the business of these three cotpoeations in 1909 were suffici- ent to pay all the expenses, the divi- dends on the preferred stock and the Loads, and leave a balance of $925,902, or over 1511 per cent., for the common or bonus stock. The net eerniwgs of these three companies on their actual investment must have been consider- ably over 50 per cent. Of course such a large percentage was not paid. The Ogilvie paid 7 per rent. on their com- mon stock and the Lake of the Woods 8 per cent. The Western paid 7 per cent. in rash, and gate a bonus of 15 per cent. of new common stock, there- by further increasing their watered stock by this amount. The surplus, or undistributed eat tangs of these three companies at the end of 1900 amounted to $2.360,625. "The Maple Leaf Milling Co. was te- ceol ly organized and attempts made to etnulaLe the other larger concerns. This organization is capitalized at We - 000,000 ; $2.5110,000 of common stock sod $2,500.000 of preferred, although the cc•meined capital of the companies absorbed was only $1,150,000, SO that it is not sin prising to have the manag- ing directors of these large concerns solicitous of retaining a condition of nffairs that would enal.le them to pay handsome profits on their keel. "Now to show bow these (*sleet ns waaipulate the price of flour, 1 quote ren herewith the price of flour in Liverpool on January 31. 1910, as given by the Corn Trade News: Per Per 260 lbs. 100 lbs. approx. the mercy o[ the large coocerna. Can these financiers wbo are so solicitous as to the protection of unrested capi- tal do something fur those wbo have invested their alt in some of these mills that are now Idle through the opera- tion ut the combiue ? Prices of Mill Products Boosted. "1f tbe milling industry has not made much progress it has succeeded in raising the price of mill products at a much greater ratio than the price of wisest. Tbe price of wheat in Winni- peg on the first day of each of the Itour months. Septemeer, October, No- vember and December. in 19U0 and 1900, are as follows : English made -- High Glade. 31s. $2.03 Patent 28e. 840 Makers 25s. (id. 2.15 American - Spring, 1st patent. 30s. 2.56 SPring, 2nd patent. 28e. 840 ♦V inter, lel patent. SW. 845 Low grade 19.. 1.00 Kansas patent Mts. 2.45 (%rn. Spring M. 2.45 Can. Winter .... 27s. 2.30 Hungarian. 38s. Od . 3.96 German ... 30e. 2.56 Australian 27,.. 2.1) How the Canadian Consumer is Soaked. . *The wholesale price of flour in Win- nipeg at present is about. $2.95 per 100 11*. The wholesale price of the same grads of flour at Manchester, England. and Glasgow, the home of the two co- op_tative whole'.4c societies of Great Britein, is 29s. for A wck of 2su or Weeper 1011 the. The cost of tak- ing the flour from Winnipeg to Man- chester, Kogland. or Glasgow. Scot - laud, is about rA cents per 100 lbs., and the result of this ie that the agent of the British co-operative society- can buy flour f. o. h. cats Winnipeg for about $2 per 000 lbs., while the focal merelunt in Winnipeg baa toy about $2.911 for the same grade. But when the flour is retailed in small quantities such as the poorer people ere compelled -to buy. the difference In fetor of the Englishman it very much ^rester. For insolence, the price of a 7.11.. earl in Toronto 1. 30 rents. or at 1 be rate of $4.94 per 1001bs. At Win - nips g, it is :-t cents. or M the rate of K. for 1(0 lbw. Tbe price of a 7.11. Back in Manchester, Kngland, for the wore Ronde of fl is 11 pence, or 22 cert.', which is at the rate of $•3.14 per 100 1M. Of enure. the milieu are not te- eponsiele fit 1 be ret ad price of flour, leo it is a clear elimination of the effect of p• of a el inn on the selling mice of all 11•avr. of grs.da. "Mr. Meighen c .mphins that under the new ..iangMnent the Nutt e.rola • rustler he.. an adrantsge of $2 el pot t'.r on mill feed as aga.n.t the ('enr- d it. roll -t. but ('anadian ron.umer• nt mill feed io WeNern Canada are at the jot -int tome bitterly rr.mptaining that they ramie get nrfllt'enl moll feed 1.. meet their ieq..iremen: • even at an i•eos.ively high prier 'Mr Yfeige.e.m »tate. that it wnsld he *Memel toe eta to send tor.• raw Ina Wrest to the Unites eta Ise to h. slflld thatand that ,he Dominion Mw Itis a *tillieg pram wh.nb.. if up rseLM to Its naps. icy, weirM prosier' floor to 'ripply thirty millions of pre and rewuirint 1f%mill Iion 1 September October. , November December Average 1900. 190e. (ants. Cents. 84 96 814 964 76 90 Nes 96i' "These figures show in ten years a gain of 17.5 per cent. According to tete wholesale prices In Canada com- piled by the Department of labor, the nictitate, in the price of flour. bran and shorts is very much larger. The following table shows the average price in those years in Toronto : I ant working for bins. The reason for this is twofold : in the terra place 1 am heatl.ily in favor of redprocity, and in the secondplace 1 have to acknowl- edge that the Liberal party bar do 4 more forabur in the last few y than bad been done by either part for bale a entury before. "Tbis question of reciprocity is not one which concerns the farmer alone. It concern the consumer and the workingman just AS wuch as it does the agriculturalist. Don't imagine that we do not realize this just as keenly hete in Berlin as you do inTor- onto. The middleman is taking the bulk of the food supplies which are at our very doors, and is forcing priors up all the time. The reciprocity pact burts the middleman, and, of course, he is squealing. But he does not re- alize, perhaps, tbat the louder he aqueals the inure he attracts the at- tention of the consumer, who knows what kind of profits he has been mak- ing. 'tJ come in contact with a large numner of tourkingtnen and am close - ly identified with thew, end 1 can 1 r assure you that the • are not wor[yr{' nE •bout the /rig pate- �"r- BRONCHITIS COIPLBTBL! CURED. 8t. Jean, P.Q., Jab. Stb. 1110. Father M Med. Co. Ltd., 1 can gratefully testify in fame et Father Mummy's Remedy for Broadest trouble. I had suffered for some time from Bronchitis, and could get nothing to give me ease, until 1 tried Father Morris- ey's Prescription (No. 10). To my peat surprise, after I had takes this remedy I commenced b pow better, and soon ter I was completelyocured. Mde. GEORGE DEBMARAIB. Everybody knows that Seamy oommstr roots, barb and herbs contain Nature% own provision for the relief of coughs and colds. It remained for Father ldiwrssey, with his wonderful medical skill, to cone bine tentacle from these in such a way as to maks the most effective Otho for all fes, of throat and lung troubles. His prescription; known as " Fatisr Memory's Na Iv ' or " Lun. Tone ". tcooppse • cough by curing the in}Tamed eco- dition of throat or lugs Which causes it. v. .. goes a step further „too, and earns its same of " LungTonicby strengthe sing the weakeeed Trial 21e. Regular aims OOe. At yyoouurr d�ealer's a from Father. Morrie: Mediefae Co , Ltd, Montmi, Quo. Morrie: eed in Goderich But land Conser%atrves like to talk about, but they are determined to have a full dinner pail. whicb shall not cost q lite so much we'it costs now." ••Tne Yankees Will Get the Best of Us by Reciprocity." Reciprocity give-. the INDIVIDUAL iu Canada the privilege of trading with the IND! VilellAl.in the United States First of all get that into your head. Then ask yourself, who am 1. or what am I? Am 1 a fool or an idiot or have 1 the bruins of the? ordinary man? Will you buy or sell to 'a Yankee unless he does better for you thait a Ctuudiatt Dealer? Get it into Pour head that you ate not COM- ELLED to buy or sell to env but that you have the PRIVIt. GE of doing so. Get it into your head that Laurier and Taft are nut buying and selling your barley and hears and bogs Out that you are doing the trad- ing yourself, and you may etude or not just M you wish, Tbe Urita bare faith that a Canadian farmer is sharp enough to look atter bis own interests when an American buyer is dealing with bim. The Tories may the oppos- ite. Stiffen up your backs.. fellow - farmers, and show them that a Cana- dian farmer can trade with an Ameri- can dealer as well u the American farmer can. Now it the cba.tos of our life. Our farces will certainly increase twenty-five per cent. in value. If rec- iprocite does not turn out a• we think It will . can repeal it. Farmers. all togetb. 'or our best interests this tune. 19C0. 1900. Manitoba patents. per bbl. $4.18 $5..78 Shorts, per ton 15.04 23.97 Bran. per too. 13.20 2.402 "This makes' a gain of 38.8 in flour. 59.5 in aborts, and 87.5 in been, A. compared with 17.5 in wheat. Where the Public Interest Comes In. "All disinterested students of poli- tical economy cannot hut arrive at the conclusion that with the control of the milting of Uanadik'n wheat in the hands of a few large concerns, both the producer of wheat and the consumer of flour would be benetttled by free (t,ule in those commodities. With the natural advantages the Lake of the Woods Milling0o. enjoy. situated on the direct line for export of wb,•at, with their mills operated by what is unquestionably the beet waterpower in America, and with the president of the company a director of the C. 1'. R., there is no tear but that they .vill be able to compete on equal terms with other mills fn any part of the world. True, tee Lake of the Woods will lose the cinch they have now. Fot the last two years their competitors at Minneapolis have been paying from 10 to 15 cents a bushel more for their wheat, and with that handicap have placed their flour in the British market in competition with the Van/Wiwi mills. undoubtedly tet the advantage of the British oon- sutner. who gets his Sour cheaper teau the Canadian who lives within the shadow of the mill where it is manu- tec tared.' GREAT FIGHT IN NORTH WATERLOO. FARMER. BLYTh. TU<sDAT. Sept. 12th. THE HAT gobartute. A great deal of ha) is being dilated from the G. T. R. station at present. Last week alone thirteen cars were ehipped to the States and yet Conservative speakers will get on the platform and sate that we have no bay to sell and that if the duty is taken otf the farmer will not get any benefit. The farmeia must be very easily gulled if they be- lieve such rot. Workingmen Serenely Support the Min- ister of Labor. A great fight is no in North Witter- too. aterloo, and the Liberal workers exsect to put Hon. Mackenzie King. the Min- ister of Labor, again at the head of the polls. He is heing supported s(totgiy by the wokingmen ot Ber- lin, whu,ealire what he has done in the rstwe of labor. Many who torbs- etly voted (kns.rvative are now sup- porting Mr. King, and .h • stories of defections from tate Liberal ranks are exaggerated. William Snider. tier-pi.•►ident Wa- terloo Manufacturing (k.mpsu.y, mak- ers of fetor tmpt'tneutu, president of two insurance companies. and th• largest miller in the rounty of Water - kin. says : "We are sorry the Govern *tent raw NI to eat us, hut we ar•o hop ing 'het Mack.waie King will he re- eky t..1. The Torict mutat to hard up for argumente when they puhluh wen /,a.r• reports it.. I h.1 concerning rmr h,dher whish appeared in The Mall arae Empire 1 had the Keehn(' of nonrnelong Me King. sod my Irrother Qt•eatd^d at our of liar rr.eetnt' That r where we stand." t'ha,lea C. Nahn we, relay) .f (ie 1',n,tneoal R...pinyineet l ream, wad es Mayor ,t Kerlin www three yours ono ea egp,ne.ot of Mr Ring. but t till/ is WOO Of hie morn • •Lbv. suei- t'tri true, he .ay 1'that at the ,.__•- -►�_ rasa_ ru__ r____a_,_ Sold and guarttu F. J. by sled taking is both of the fairs A number of the horsemen are on the track these daya exercising their horses. getting them in shape for the fall fair races 1.V. Rahoe, who WAS threshing on the farm of B. Mor ritt on Saturday, had a break which caused a delay until the part could be sent away and repaired. On Monday they were_,aoime full swam again. Mr. and Mrs. G. E. McTaggart visited their friends, Mr. and Mrs. Bobier, at Belgrave on Sunday It is; taking the bort/lees quite a while to finish their tournament, but last Thursday the second prize we. won by 0. E. McTlaggart's rink, consisting of W. Sims, P. (iatdiuer, J. Glennie, and Mr. McTaggart. The last prize will be played for on Thursday after- noon . .. Thursday afternoon of this week will be the last half -holiday the merchants will bave this summer and after this week their stores will he ooppen Thursday afternoon.. . Mr. and Mrs. I. W. Murray, of Carson City. Mich.. visited at Mr. McKellar's a fee days this week and on SAturday they left for Gordis to visit friends there A. McKenzie, wtlo has been engaged in the lightning rod business in the West, is at present on a visit with hie family, but intcnda returning to the West about the 19th. He claims to have had a very successful season. Mies. L. Begley hal socureda posi- tion ea milliner in a store in Cbatham and lett for there last week The milliners bave Arrived and are busily engaged getting tbeir stocks ready bli- the urthe openings, which will take place on Saturday, September 23rd $ A. Popplestone, Grand Master of the I. U. 0. F., .+as in Hamilton on Satur- day. and laid the corner stone of a new 1, wple that is being built there. for wh eh he received a silver trowel. He Mao attroded divine services on *Sunday and on Monday he visited the Parry Sound Lodge. On account of Mr. P. ppleetooe having to be away et much this season attending to his duties as Grand Master he has found it necessary to engage a clerk for his store, and Mr. Acheson, of Millbank, arrived Monday to start work Miss E. Gracey, of Winghsm, visited friends io tows the peat week J ('arter, of Mowat Forest, visited with his parents here the past week Mrs. McKenzie and daughter, of Galt, visited • few days the past week with her brothers here, Messrs. A. and F. Brinton Mrs. J. Gardner, of Clinton, visited with her sister here this week. Tile leureTtoes.- The time for cast- ing our votes is now drawing vet), cluee and before another issue of the paper we will know the results. At present pis in East Huron look very might for A. Hislnp's election. al- though the Conservatives seem to be q.ete jubilant and think tbat their utan will head the polls. The Blyth Liberal organization seems very 'trek and doesn't seem to be doing much : in fact. they don't pull well together : and until that is remedied good work is impossible. The farming community, however, shoukt certain- ly eome out strong for the Liberal c.ndidate, As it is for their great bene- fit and it cugbt to be clear to them, the way the Targe industries are against them. that it is time for them L.sbow their independence and vote for their own interests independent of p•ililies. to fact, there never should have been any polities in this question, a- it is for the general good of the count' y, especially if the farmers. and if they don't take advantage of this op - p .rtunit ). they cannot complain if th y suffer in consequence. One Con- servative farmer in Ibis locality claims that 0 will be worth $4410 a year to him. if it is worth that much to him, it is worth equality as much to the rest of them, and they are very foolish to listen to tbe paid men who ars going amongst them trying to con- vince them that it is for their inter- ests to vote against reciprocity. BRtare.-For the past two weeks a great many from here have been in attendance at the Toronto Fair, but they- have now all arrived home and this week large crowds from this dis- trict are rating in the London Fair. Miss Annie Spafford left on Tuesday for London. where she is go- ing to enter 8t. Joseph's hospital too study for A nutty. Miss Bridget Kelly accompanied bet. and is going to visit there for A few days Mesa Middle- ton, of Goderich township. who ie via - king ber sister, Mrs. O. Taylor, sang a w.lo in the Presbyterian church last Sunday evening. She has a very good vole. and sang the s.lecti..rt in ex- cellent manner The anniversary service. of Trinity church will he held September lith, when Rev. Mr. Jeakins, of Clinton. will occupy the pulpit. He is a splendid preacher and will no doubt have a large congrega- tion to hear him . 1. Carter wee in Auburn last week on a husine., trip. ale. on a visit to friends .1 it. Forsythe. who has leen visiting his meter here, returned to (toawa on Monday . .. 8. H. (tidley was In Kreter last week in attendant's. at his cousin's funeral. It seem• be died very suddenly, being /mind dead in bed ... C. Spati.rd. U 1'. R. agent tont very sick last week and hsd,to quit work and al one time it was thought h, had borer. tut we aritAilad to .sy le fidn't have that. He i• sN11 eonflned to his toed, but is irupreving nierly now and ea poets anon to he •hl. to resun.e hi• work. i)sting his &bene. fr,.n. his duties Mr (bort. who has been work. leg in (4nd.rirh relieving here Mr and Mr. R. Isar an. at prua.nr .m a visit to relatives in Lon don Mrs. hitt-Wait and grand daughter are at poorest viaiting 111111111111111111111111111111111111111111111111WIlinaeaffaitirma I OUR EXHIBIT AT STOCKMEN HIT RECIPROCITY. Meeting at Monmouth Adopts Resolution Denonnane Plan as Peril to Farmers of Country. 'Monmouth, Ill., Sept. 2. -(Sped a1.1 -At the annual meeting of the Mili- tary Tract shippers of the Live $tock Association today, a resolution pro- testing egiti cot the action of C.,ogress in passi Its the Canadian reciprocity was ad ,p eel Many of the farmers complained of the brevity of the resolution, dea'ring that a et r infer statement he made at tbe annual banquet of the association. Henry L. Jewell, form.r member of the State Le isletnte, bi'terly at- tacked the bill as a detriment to the agriculturists and stock raisers of the United Staten. The above is from The Chicago Tribune of September 3rd. Note that it is the United States farmers who are making such streruons objection to the reciprocity measdre, which gives the Canadian stock-raiser•e free entrance to their market. The dates of the Ontario Provincial Winter Fair at Guelph are annoirneed aa Deeemh.r 11th to 16th. The Huron county council has donated two special prizes for Hnr,n county exhib- itors. A prize of $15 is offered for the ' hest beef animal shown by an ams - tour exhibitor and the Rum of O10 will be given the exhibitor showing the second beet beef animal. THE FALL FAI The educational value of the County Fair is undisputed. , To:make our Fall Fair a huge success let everybody come and do his or her part. Remember the dates --Monday, Tuesday and Wednesday, September t8, 19 and 20 -next week. We wish to announce that we purpose to make one of the best Hard'wre Exhibits we ever did. We propose to demonstrate and show you how easy it is to stain and grain floors and woodwork of a room with China Enamel. We also will direct special attention to the Famous Pandora Range -a range that has a semi -steel firebox that will not cost the ll'er a cent for repairs, for upwards of ten years or more, and the best baker on the market. Mr. Thompson, of the sales department of the McClary Mfg. Co., of London, will be on hand and will be pleased to show you all about the Pandora and the Famous Heaters. We want you to meet our Mr. J. G. Stewart, who has recently joined our staff. Mr. Stewart formerly conducted a hardware busi- ness of his own at Wingham and understands hardware. We invite you to make our exhibit or store your headquarters and we will give special care to wraps, etc., you wish to leave in our care. 1 i i 1 The Howell Hardware Co., Ltd. The Best Place to Buy Hardware The Signal to Jauary 1st, 1913, -$1.00 - res ., M 'tort,(, eI VOIONTO, AMA PAOTV Or isre$t(q(e 15f[NM NAP A Ig �wll awsaNT tMet awl e4CI WAILS TR,Ora TO 44T TO p rn-OtCoesectf'.• w TNtuu 1106't1YlGttga- lies..... Tose PWM woo vtTwasar► Tea Nike•u► tan PIOT ower 7► set w, Aevtxe wlE ►14wvv 1r - MEAD lilt OMR WAY When the Children Come Home From School - give them Kellogg's Toasted Corn Flakes. "Kellogg's" is a wholesome cereal that satisfies a child's longing for sweetmeats. You can give them all they Brave of it, too, for while strong in quality. it is tight in digestibility Be sure to get " Kellogg's." lis 10c