HomeMy WebLinkAboutThe Exeter Times, 1922-4-20, Page 3t E O;AN
IN CANADIAN
`` allace,.
.A., ,D pa�rtment of History �(Jflavorsaty
of Toronto.,
In the ear following 1837 the
po•lihisi suDirez aey of the 'ainl'ly'
Compact. disappeared, and the era of,
responsible government "dawned. • In
this new period thee• banks came to
play a much less. conspicuous pla-ce in
political history: T13ey` eeased tdhe•
identified' with polntical parties, and
they, devoted themselz'es •to. their
pieper commercial fthetions.This
does not mean, however, that they'
have not at times exerted a profound
influence, on the eourse'of g,evernment.
Consider, for example, their influence
on the currency legislation of the
country. At repeated intervals in.
Canadian history the •government has
dallied with the idea of arro'gating to
itself the monopoly of the issue of
bank notes, Lord Sy.clenham in 1841
Sir Alexander Gaft in 1859, and Leonard Tilley in 1880' all proposed
in language which has often heel
heard, that the governlihent shooIcl re
same the'fenetion of note -issue which
it was said, it had delegated to others
• Of course; there is nothing to pleven
any government from taking over the
business of ,banking„ just as there is
nothing to prevent it from tasting over.
the business of„ making. boots and
shoe's; though --it should= be 'observed
that socialism in the making •of boots
and slices would•', robably be far less
p Y
clisastrous than, socialism in banking
But that the governnl,e it has eny in-
herent right or prerogative in regard
to the issuing of notes is a fa?lac: .
Y
It 'is a fallacy wliich results from a
cunfu.sion of thought between the
minting of money, which is a very
proper and necessary function of gov-
erntnent, and the issuing •ef notes,
which are not, properly speaking,
money at all, but merely promises to
pay, like cheques and drafts. A gov-
ernment has no more right to a mono-
poly of the issue of bank -notes than it
has to a mosi'apoly of the issue of
chequers and drafts, or any other kind
of commercial paper; and the banks of
Canada, by fighting every such pr•o-
posral; have contributed very much to
the soundness of Canadianz currency
legislation. They have not won a vic-
tory ell along the line, for the Can
adian government has succeeded in ar-I
rogating to itself the issue of th•e
smaller denominations of notes; but
they have helped to prevent a coral
plete:: monopoly. I
C
Another way in which the influence!
'of the banks made itself felt was in
"i' e adoption, prior to Confederation,
df the decimal currency in preference
to pounds, drillings and pence. .
shillings, e For
many years the standard°rnoneyr. of ac-
count in British. North America had
been. what was known as the Halifax
et'rrency •err in Upper Canada the
York cnl•aeney. This was a cur'ren'cy
in pounds, shillings, and pence which
did not , toric: pond with any existing
co nege. It was merely, a money of
ac :none, and every one of the numer-
ous and various coins which passed
current—English sopereigns, Ameri-
can dollars, French crowns, Spanish
"pieces of eight," and sofortiI —
, r _.1 had.
to be translated into it. Before Cron-
federation the banks all over British.
North America agreed. to do business
in dollars and cents, and in this way
they helped to compel 'the various
colonial governments to adopt a, deci-
mal currency. In this •development
was seen one of the ,subtle influents
at work which helped to bring" about
the union of British North America
in :1867. •
The most striking exemplification,
however, of the part -vhieh the bank
have played in Canadian history is to
lie found in, the period of the. Great c
War. It is not too much to say that, i
if it had not been for the co-operation '
of the banks with the Canadian gov- b
ernnlent, the situation in.Canada at 1,
the outbreak of the war would have f
been, of the most critical nature. Bye
y
the morning of that fateful Monday,
August 3,1914, there had be un a
g , 6
r
"runs" ,
youmay - reizlemb r.
y ex, ons on the .gold
of banks all over Canada. Sir Thomas
White, in a most interesting and Ma- w
pamphlet which he publii;lled
about ;t year ago, entitled "The Story
of Canada's Wer Finance hells of a
ease which occurred in Toronto. H�
says ;—
"One'case was repeated t'ome.from
a Toronto bank.'One:; of ite.hest ells-;'
temers, a prominent citizen of Tor-
onto, vidio had a, deposit of., over
quarter of a million dollars, called
upon the general manager and in%oxen-.
ed hien that he felt he roast, `in justice
to himself and his family, 'withdraw
the full amount in gold, as' he be;
lieved there would,ilea finan`c'ial panic
in which the banks would ` have to
close their doors. . The man'in-
sisted, and received his grid, ~which he:
locked up in his safe deposit vault.".
In order to avert the,calarity which
was•irnpending, a conference was' held
s' `at Ottawa between the minister of
Siit finance,<Sir Thomas White, and the
, leading' members of the Canadian
Bankers Association -just as, about
t
the sane time; a eonferenee was beim
held in London between the Chancell
of the Exchequer, Mn. Lloyd Georg
and the leading financial experts of
Great Britain. Both conferences rn
in aan atmosphere of panic. The Can,
'widen bankers, says Sir Thole
'White,'"were quite dis:turia�ed at the
spread of the_ financial panic through-
out Canada and the runs which were
taking place throughout the Dominion
•
and. of which they"were eontinually
;hearing world. They had"nuMerous,"
he says, "ancb'by fib means unanimous
suggestions. to make as to what should
be done." My friend Professor Fay
tells me—on the aiatliority, I under
stand, of Mr, J. M. Keynes; the arith
of "The Economic Consequences -
the Peace" -=that similar consternatio
Prevailed at first at the conference i
London, some people proposing e
thing, some another, and some throw-
ing• up their hands and saying there
was nothing that could be done, un-
til it was suddenly -observed that the
G'over'nor of the Bank of England had
fallen asleep at the head of the table
and was gently snoring. • This ,s'pect-
acle had the effect of immediately re-
storing confidence; if the Governor• of
the Bank of England could go to sleep
on such an occasion, then obviously
things' could not be as black as they
were painted. The conference pulled
itself together, suggestions were ex-
'changed, and finally the .measures:
were agreed upon which enaibled Great
Britain to survive the crisis. History
does not record that any of the lead-
ing members of the Canadian Bankers
Association fell asleep on that August
afternoon in Ottawa in 1914; but
there too, after the first confusion of
counsel, measures were finally agreed
upon. Chief of these zneoslires ivas
the making of bank -notes legal �ten-
der, so that the banks •could pay out
notes ins'te<'id of gone. These mems -
urea were embodied' in an order-in-
coun, it issued that .,evening and pub -
.
or _..�,;,� sYm....�••-- -- baa; i Switzerland
S
lc
�. t
'.T1Tf.EE NATIO N MEET IBJ
ECONOMIC CONFERENCE Ili GENOA
Thirty three nations represented by 690 delegates, experts and advisers,
have gathered at Genoa to discuss these points
Solution of the Russian ,problem by' recognitron`•of the'Soviet Governlnezlt
or some other plan. This will fallow the pri�nei•ples outlined at Cannes by the
,buprenle Gouneil's resolution which made the present conference possible.
]z;uirope�,u peace, : with the closely related questio'n of limitaticn of land
armaments and inviolability of frontiers.
.financial problem arising from the inability of Germany to pay the ie
parations :'demanded and the interallied indebtedness. This will include con-
�-ideiation of the financial standing of Russia and the states created by the
V eiaailles Treaty.
General econianaic questions, such as customs barriers, transportation and
the rights of private property and. industry.
The complete list' of the countries pelting pert in these dliscusis'ions, to-
g'ether with the s'iie of their delegations, follows:
Albania , , , 4 Ireland , . ,
Australia . •••••••• , 14.1taly
ileo -Slavic
At 4tria• 6 � J'
Belgium 14' Letvia „
Lithuania
Bulgaria 1154
5 Lueniburg
Canada . • • .... 30 `New Zealaiz:d
Caocho- i
S ova t •
k a 30' r
., .., Norway ..................
Denmark ,.,.,, ..,., 101Po1az3ci
Esh,honia; . 25 Portugal
Finland 7 Roumania , .
France $U' Rus!siri
Gernl�any 80 San Marino •
Great Britain 128 SoutltO Africt..
Greece 22 Spain
Holland 16 Sweden•.
Ilungary
Hon. CharlesR. Hamiltons'
Minister of Agriculture for S�askatche.
8 wan, who lett for the East lin-
40 iiredi+ately after Easter to a,ppe�ar he -
9 fore' the'1Agricultuxa�l Cominittee of the
House of C•onurons' to uphold the case,
of �the•Wlleat Board,
22
12
16
4
10
JAPAN WELCOMES
10 THE PRINCE OF WALES
covered. A hose was then dropped name—
UNDER
t•Eat3.7fA .
UNDER WHICH HAT?
• The Bystander (London)
lifting• the watchman. to the top in an
u.nconsei�ous^ condition. He later re -
the war a, ,loan of fifty millions had
been regarded as a very large loan
evens for the government to attempt
13
to float. The three Victory Loans by
themselves netted a total of 1'700 mile
lions, somethingthat no one had �d ever.
ilreanred would be possible. In the
floating of these loans the banks play-
•
... Y
ed a 'v'ital part, ,and' for their suc--.
C. i.:
cess they des:ezv e the._ fair share of
the credit. •
Finally, in the period of reconstruc-
tion and re -adjustment through which
we have been, ,and' .are still, passing,
the 'banks in Canada have been a
steadying iutiuence, to an extent which
perhaps the, general public does not
always realize
.x Gee: 1.-1. R. H.
arkets of the Work' cuaanWhen He
into the h t l f th t } d
e le o_c o e compel -men, an
an effort made"to draw the fumes from
I the bottom, but this was not successful
James Struthers; 317 Emma Street,
placing a respiratory mask of the
army type over, his face went down
into the compartment with ci rope,
which he placed around White's body
and it was brought up to the deck of
the steamer. Struthers• was almost
overcome when he got -out A diver's Barley NO 3 t •17 lb •
Toronto, A despatch from Yokohama says:-'
1lfanitoba w The Prince of Wailes arri:,'ed here
heat -No, 1. Northern, ' Weane day 'for 'Ifs ' official visit to
:1x1\.t5i.rilzazIriNft°ob.111
c - ?i•!+housndsgreeteclhilaas itsleo.2CW60,!ec; teed J01' c landed from the Br tcsh battle crudser
56/4e• No, 1 Feed;
Renown; which brought him fro
Manitoba barley= -,Nominal: India.
Al] the above track Ba s
Say ports His reception v, a.s carried out ;ita
American corn -No. 2 yellow, 75.1>e; c -z i , < ge
_ , r.. � d ng to the pro„i am, to the min -
No. 3 yellow, r4? c, all rail. utest detail the-
-lY extra, e�'� 1]S, . r Yskoh i
, as is aaanese custom',.'
or a� '* ` see -
rill -ile'
of � .. a
R
a
OFST
,
sal
�� a t went �.'�. v t down twice an
�. � i e d an the
better, 63 to floe, according' to freights. elle c .a ...n who lined thestreets
,� amctsvvecollleiNasnotnoisy, ns
suit was secured after a long delay,
ing outside; feed barley, 60c. t s re s are
disciplined to siler,�ce,= but elle picture
see- ➢ .02, they ins..., ,, rte their thousands of
Rye --No. 2 95 t
and James Porter, garbed in the diving
Buckwheat—No. 3 98c to $l
and attempt was successful in getting c o $I.
I IVIlllfeed—De1. ' 14Ion'ae:41 freight, waving flags in the brilliant sunshine
�• r�, out the boil of McDonald.
g ,
liron i aF y s Y d bags included: Bran per ton < could scarcely be para'l'leled•
$30; shorts, per ton, $30 to $32; good The Renown .was escorted in from
feed flour, $1.70 to $1.80, sea by the •Iap'azlese .light citi;sel di -
hole
1i:shed •broadcast. in . the nets 7a 1er's
l ?`
the following- morning, August 4, the
d�ri�,r on 'which war was decl an•ed. Now
it is a remarkable fact that all the'
measures adopted„were directly con-
trary to law. The order -in -council was
legally of no- validity. If anyone had
tivought of questioning it, neither the
governin�ent nor the 'banks would have
'had" a ]e.g to stance ori—at any rite,
until parliament nett and passed m Ci-
fying leg'is'lation. But the co-opera-
tion of the banks and the government
So impressed the public that; as a mat-
ter of fact, the 'order -in -council s
not questioned. The run on the banks
came to an end', and the situation
was saved.
Another way 'inh which the banks
o -operated with the government ,dor-
ng the war was in. regard to, the float-
ing of the Victory Loan. Probably no
anldng system, in the world was bet
et adapted to serve as a,,:medium
Or the handling•of subscriptio7i.s to a
government loan than the Canadian,
with its wide-sipread system of branch
wanks. The success of the Victory
Loans wars one Of the most hese-
p
menal things in connection with the
ole of Canada's war effolrt. •,Before
a
. RE
WSW
Tokio, April 16, -Fire to -day com-
pletely derstroyed the older portion of
the fannaus Imperial Hotel and damn, -
ed: the temporary annex• to the hotel.
Three hundred<:persons, mostly mem-
hers of the state' of the Prince of Wales
and visitors who came to Tokio f • in'
va:riolrs parts of Japan in eonnecto n
with the visit of the :Princes were ren-
dered homeless. Their of ects -Were
partly destroyed. One person p is Bina w.
p i? . n
to have been killed.
When the fire broke out, at ten min-
Utes eftc-r three o'elock'this afternoon,
tl e,Princc' of Wales was just entering
the - Shin;iuju G_irdens, threw miles
from. Tckio, areompaniecl by' the Re-
gent the Eafakeas ante some 3,000
vite•d guest: f'c:. a garden patty. Con-
seghnently he katew nothing of
tae cis -
aster his to the cit,;.
Tee. fa ales swept rapidly tl _j •rh
the hotel building math r the string
wind that was blowing. and the hotel
was quickly en'velo'ped. The annex
also was considerably- damaged, and
the new hotel which is m. -ler construc-
tior at a cost of seven .million yen was
endangered.
Some twenty or thlrty nlc-nnbers of
the suite of the Print e of Wales and
officers cif the cruiser Renown were
attending the Imper•i l garden party
with the prince during the fire and
were heavy to i's, :?.mile of the
Prince's staff officers ',cit their entire
Protective Order
Bars 5, .,tea•e Baled hay—Track, Toronto, per ton, vision, and in the hay six battleships,.
extra No. 2, $22 to $23; mixed, $18 to including the famous Mutsu, i°51101
$19; el•over, $14 to $18. the escort: As the vessels entered the
Ottawa, April 13.—Notice is given Straw—Car lots, per ton; track, To- harbor thele was a rata of guns and a •
by the Department of Agriculture, in ionto, $12 to $13. Shriekings•
a protective order, that the importa_ Ontario wheat—No. 1 connnerci'ai of prose` Every class of
tion of potatoes isprohibited i $1,36 to $1,43 outside, . sa?aetwas represented in the crowds
into C'an- on the . whir res.
oda from Europe, Newfoundland, the Ontarie No. o oats, '40 to 45c, out- Thes
Islands of St. Pierre and ouMiquelon, and side. r elate: v, t,. ..co -in -eyed from
-Ontario corn -53 to 60c, outside. �t.okohama to Tokio in a special train,
the States of California, Pennsylvania Ontario flour-1stthree-of especially
and West Virginia, This :is- e , r s pats., in cotton'. ,. 1- ea wnie._ _ ''e es;secs a.lt,
order is ..ache„ 9b s, $8,20 per bbl ' 2nd pats built Ter his visit. Ori arrival there
sued as aprotection against 't 1
potato (bakers), $7.20, Straights, bulk,was drivelt z
can>i�r from which. Canada yet seaboar•i z in an Open i � $G 40
` , n,. is --as `, ' . ed by cavalry, to the Imperial Palace
free. It is necessary for cus4onCs pur- Maniteba flour—let pats., M cotton where he was received
pores 't t 1 I sacks eeetye 1 b the Emilia.: s.
1 is pom ec out, that
'all ship ac'cs, $u,70 per bbl,; 2Da.pats., $8.20. Later he to the Al -a
-. - 4 ,r saki P�ularc
p a and .St -et -s• cf Amei .,_a shall r to 21c• triplets sir I_ c,. acronl'a•'n 21 to
kits. mesnts cf potatoes from the United Cheese hew, large, 20 to 201 e;; ,. ;,
n+• +. c 7 it ' where will reside while TITe n •til• -;113 r��;, :�: •;, t twin ..0 .,. ,e .a t. in Toltia.
rhota•g aphers ,-tat,.;•. to the Prince's
S't 1'11 a,'' sr t 1n . ;.n. t t^ ,,': ,
, .ao lc,t, e•, a;,�;a:w _. ,, had left
behind in the h'' 141.
M. P, Millar: .:'y, C;,e;intasirei-n-
al traveler c 31: '; lilife le the
blaze
DEATHiia' YF
r, Ff t .�
.=3tti:�. c^e11R
�('�}�U ES,- p;y�j^�
OF G° aa''�-.O z.ei"i,S `ii �"c
E ne e
.�.-3a.u.vQ. f'
&e ae il
h2 Sl;sr'shw 'Perish
in Hold.
C ,,•'t
tial..` —3y'
,n, .-'r.11_ 14. _.oy itifaeD�cnaid,
first nate'. and Clifford E. White, third
engineer of the Imperial Oil Company
eteramer Royalite, both residing at
Davis Street, Sarnia, lost their lives
at noon to -day in a compartment of
the hold e£ the steamer, both erten be-
efforts
evercort�e by gasoline fumes. All ; ;a ,;
e,�,oit �i
., • at
rescue ter•
eSC e r ve � r
proved un u
ava`'r• � a„
p elle � �
r
ch C t the5 t
11:, IOweS greeted royal visitor
;1
21 ,.., . Fodder i,
ice' by a certificate, teller signed 'b the eese, large, 18 r•e7c, j
y -
Old., large, 20 to 26e• 'twins, 25. � ;to! .the zalltvay., station : and cheered li17Tn
eonE ,r."l:tr, stating ac: name Of the 2 •1+.triplets; e r r lt.,
' � ^+"• in twelfth the spuds .: • g • , .,, ..t'-: e :2{i t;,, 27c; '7c; Stilcvlhs, along: the .route to the paliice, cve'r`
stetC were grown. new, 24 2 .,-. .. h, .i.,, ..
to ..oct. ; llhith tisuulr:i7,^I ar;-fie; '' had: been
_q.- ^-- fiittc•r--Ft•eshdairy. choice, 26 to l e"ected.
0111ira M7a33a
to 4;1 c• Na.40 to'�r
� e z p..�,, ±� ?i o. 1 . t0 41 , ��. Her �*�.��r-i2a.'Y,ix
ry ev
,ti^�a (y:
a* -
.S)'.Aii ,fa{� ( n nie 4,• j`r'lnis fresh. finest. 4��'
..
I tl i+l*, 7•t> ti , ; ,7- °t., War
^ ,1 ..714' Cl,.c 5. �� )I-�, �6.: :c.:. w
i en , � � 3 ac.+
tl'zi kniat, cw;- i, ITh be.n= C... ,'.le
ln'tu ri. 4: j despatch from Lore:an . _ The 30 f 20 to 25c; f
•.zn_hip Oevim zs tl, '. up at is 24 t, n clucks,
,' : 1I. c�c; turkeys, 45 to i :i despatch .� . ;'•1
The t• .t:._inar i arby-, stare) gr t I al Albert hotel; with . few cl, n. Oc ' x:- 25e,
'o � � "4I
I
1.,;._
tl hat,.Ita iy, tha.T trent down to the
rescue with • fastened araan,l
7.r ,i i.
,n
his hoc,,. bur n•a•,- 1..,. _, to ars nn• li.
o ,r , h
ai:rthini-, t: ":il' ''.7 the tack of air
'and wa <'r..1 r ' 0. He Called 'tar
asaistantr. ii .2 a 1)eiet itI<rcouette fire-
man, ,
m'an, ._itre:i Darlington, went tent ciotvn to
"the watchman's ,; istan•ce with o u t any
rope around h 1 ell. He e lifted him
p .;E }ep12Tr�' ch,-1-enS, 2� '‘Co
c+ ,•
:..ru .en 1' Illy 1'c ri l_.::1_:•;' �'. r!,.r.. a:..
,.;.acn to in., Pr:Ti;:,` of vx: ilea ate n , „,,rot . w ; ,. y .
1_,�.ssiv
�W,:eaL17 37i r.:�"rh [: ::1", t. .
Iuri',T • this tour of In.lia.: '•iii% • lir- �n , , l..;iE•1.,. 16 eta .:f� ; I71 24 tp 7:}. comet :ere ;se,C'i.
,.. c .;; {,. � iii ,cry cE �ir e� ;,s r z r.,•� .,.
8 rl, t d
45 "0
lecher(' cat, , ilimelayen bens, a sine- "%Tar -ea:Tle-20 to
t•iudt, an e'leph'ant, a Plein , _. 1 '5. r i ` `�, `' ", .u' ry s, o E1 C; as °
-:0'c. France ill l,:ni.ni-rt ,.11 1't' •nlr i s i r
b h f
_I =Mens '1 the Ix ,'y
in Lett, s 'eep. ones 2:n t 1 'o : i"ds• E -•e, —..Neu- laid, candied,. 32e; �+.'n': hire ('h.7 ,;11 1 the .,., g
r,i� n• ,• , new, ,,..c< 1.. . '1z...
The ,,. _lection is being removal c .t to the
zoo with .other similar testimonials of
friendship still to come.. •
up with his snmm,e.rs and his efforts He rvho lives well dies better.
combined while those of others who hcicl In life's Exchange neither give nor'
gathered around here successful in take offence.
3•Q ' m j M 7 �... �.
s. 4y
as the rescuers' were in turn overconieatternpted to reach,,the men. - j
klAill
by fumes of the gasoline when they 1�p law 5 tl 2l' � ,,,A ikkg Ar.
CIifford White, a'ccordin'g to the
story of tin eye -witness,` Burton Fry,
wheelsman; went. down into the com-
partment to release a hose off a heater
pipe alongthebottom. He.pried it off
and stexted to climb a ladder to the
top, and when he had ascended about
eight' feet he was seen. to swoon and
fall off; McDonald witnessed his fall
and immediately -went down vit'h.
a
line to tie around his body:' Ile got
down and managed toplace .
S the rope
under, White, but was finable to secure
IPS •AG�4EPTLIFE IF
ME.A.1 13 OM
DULD
ANLL 1 aieV GET
Is ty,t4o V $?
ab Lek.-i'o DO
Iir1or'J IO L
tteP LLL ratoric
®t'i4« a94l'
•
Genoa, April 16.—Premier Lloyd
George has ah n ,u need that his aim
at the G'en'oa conference is to bring
into being a pact among the 34 nations
represented, agreeing not to invade
one another's territories. It would be
similar to the four -power pact nego-
tiated at Washington,
Britainis against. a pact wit•h mili-
tary sanctions, it is declared because
'sanctions belong to the order of ideas
ti
that an endeavor is 'being made to get
'away fronm, and guarantees would
mean a new grouping of the powers,
The military holiday idea is not prac-
tical
In response to questions, the spokes-
men for the British said that ivIr.
Lloyd George's.plaai resernbled:;Presi-
dent Harding's idea for an association
of nations, which, it was hoped, would
bring, disarmament or a big reduction
of armament in its wake.
ON'T WEAKEN
BY GENE BYRNE
190Y ONE OF'
OE Ex
lyp1p75.
1rs
l:li'1, in ctu'tcns, 05e. next month,
Be ::s--Cirn, h n'l-picked, bashel 1 „
�, t, The two royal touples t 1, n,. an rx..
54'i0; primes. $3.8:1 to $4. tersive tour of the lir
.tlar1e nt oducts—Syrup, per iron. i cause ri 1 s 11 1
gal 25` per 5 impgals., n, c. c of the icer • clleri �d desite a'e`
iilleple 1 18 ga_5., p2 s; i Queen Mary to go personally
.art lb., see. y to the
Ii=�ney--(..0_,$0-Ib, tins, ..141tto 151e, sacred Shrines,. She la particularly.
per lb.; 5-21-14). tins. 17 to 18c ter 1h.; anxious to visit ?.'tires', Arras. the
Ontario comb honey, per dor„ $.5,50. Son me, Bethune and Arnrentier s,
Potatoes—Ontario, 90-1b, bag, ,$1,35; 'The visit is in return fiat- tlhe visit the
Quebec, $1,50. 'Seed potatoes,' Irish Xing and Queen of the Belgians made
Cobblers, $L75 a bag, here last year. Xing George
Smoked meats—Hams, med., 32 to ,uand the
34c; :cooked ham, 47'. to 50e; smoked Queen will he gone a week.
rolls 26 •toe 28e; cottage rolls, 80 to .
' S4 --^32c; breakfast bacon, 29 to 33c; special! ,areaeiiwn
� i.yrbrand breakfast bacon. 37 to 44c;ac
backs, boneless, ' 36 to 41c. q •"
Cured meats—Long clear bacon ;
$17.50 to $19; clear , � bellies $18.50 _ '
� .5 n to �
$20.50•' lightweight •, t: l Among the 'amphrtan•t Mvestiga-
ght rolls, $4r, hea'vy ,.
weig•^h,t relies, $41. x.aolncs, over ihiz;ty in mrinllaer, v3rhtch.
w 1 ,..;
Lard—.Pure t:lea°e x . ,have been o., .{,t e znovv
es, 1G /z to 1 rc . c, ,eatried `
tubs, 17 to 17%c° Oils o out by the Council for ' , u 171�a to 1�c, n� f, r. Scientific.area,
prints, 18. to 19c. Shortening, eti . rs
ce.,, 1 Industrial Research at ` Ottawa are
15 to 151/2c; tubs, 151/ to 16e; pails,signalling; g•'
r .fol£; sig•izalul:, , materia•IS for in ztrl,t•- '
16 to 161/ e; prints 173 > :
, prints, r ! to 13.._ elan of high voltage electric crarot.,ts,
./Butcher stem's, choice, $7.50 to
8.2g , vanacliun ores, vtarnines, the bacterial
$8.25; dot rood, $7 to $7.x7r 0, do, med,,!
$6:50 to $7, do, come $5,25 to $6; content of eream and butter, more eP-
butclhez° heifer's` choice, frcezlt methods cloniestic heating,
c Dice; .$7 to
do, i rnr,,.
med•, $6:25 to $6.76; do, coin., $5 tied utilization: of fish waste, the sepal-a:-
butcher
butcher cows,. choice,, $5.50 to tion and liquefaction of the rare gas
_butcher
med., $3.o0 -to $5; canners helium, fox breeding, the prevention
and cutter;s, $1 to $2; butcher bulls, of dust in wheat and the productior:. `
goocl, $4,50 to $5.50; do, corn., $3 to $4"; of rirdust'rial alcohol from wood -waste
feeders, good, $6.50 to $7; deo, fait; , and sulpli'ite' liquor waste.
5.50 to $6; stockers, good, $6 to $6.50
o, :fair, $5 to $5.50; nrillters, $30 to
$75; springers, $40 to $80; calves, wargiv
choice, $10 to $12.50; do,' med.,$'7 to
$8.50• do, coin, $4 to $5; lambs, choice,`
$14 to $15; do corn,, $6 to $7; sprinig
lambs, $11 to $14r .heep, choice, $9 to ^aye Crt',9,
$10; do, good, $6 to $7; do, eom., $8'to
$5; hogs,. fed and :waterred, $14; do,
f.o.b., $13.25; clo, country points, $13.
Montreal.
Oats—Can. West. No. 2,'63c; No, 3,
69e, Flour -Man,, spring wheat phis.,
firsts, $8.50, Rolled oats- Bags, 90
lbs., "$3 Brat, $32.50. Shorts, `$33-:',
ITay=hlo. 2, per ton, car rots, $z0 to
$30.
Cheese Finest westerns, 1.61/2 to
b,/4 C., 731itttei Choicest erearaoryy 40
to 41c. Eggs Selected,' 34e,, Pota-
toes—per bang, car; lots, 80 to 85e.
Following elat1 ofh.least ls
anee is• whatle m1akes 'rivterse and heeien
C100, -
ked. •
It is generally bile marl r'vSsa cboszi't
]snow any better p,tho does 'tete things
that Can't be done, You sea the'b,lnm-
eel fool .doesn't know that. `it can't` he
done„' so 'ha goes ahead and does it.
Ch.ar]C� Austen Bates
iron Hayashi
3alytun;ete Anhbas,satta` to the Citi rt of
St; r7 utio,O s,, v4}.io' luteus the Japanes.e'
at•i'on ate t,lie �0e
dere nax eonfeTdiiee,_