Loading...
HomeMy WebLinkAboutThe Seaforth News, 1924-04-10, Page 2• Uom nion N ews m prier St. Johns, Nfid,-Encouraging .re- ports are being received from the seal fishing fleet in the Gulf and indica- `flow are that the catch this year will be the best for some time, A despatch from White Bay states that ice floes in the neighborhood are dotted with "white coats" es far as the eye can see. A similar report came from Twillingate, and with the wind keep- ing the ice packed along the earth east coast, shore fishermen are prom- ised a' rich harvest. Fredericton, N.B.--Announcenent that the Government of New Bruns- wick will undertake the development 574,282 bushels of oats; 62,304 bush - of Grand Falls on the St. John River els of barley; 58,264 bushels of potti- es a public ownership proposition was toes; and 10,000•bushels of other vege- made by Premier Veniot in ,.the Legis- tables. In addition they sururner- lature. Itis,•intended to develop at fou ed 57,000,00onacres, roared ,808, present the power which would corn potphay 6 from storage possibilities on purely tons of green feed, Winnipeg, Ietan.-For'the first time in the history;'of the Canadian grain trade, wheat has been exported from the Dominion to the South American continent, one of Canada's largest ex- porters having the honor of recently handlingthis first shipment from Winnipeg to Rio de Janeiro. The shipment was made through the port of Vancouver via the Panama Canal. Regina, Sask,-Indians, in the Prairie Provinces last season raised the largest crop in their history. They harvested 038,561 bushels of wheat;' Canadian territory which it is esti- mated, would run from sixty to eighty thousand horse -power. Edmonton, Alta. - Fifty - seven cream graders were employed in Al- berta last season. The grading of Montreal, Que.-It is understood cream and butter in this province is that the Abitibi Power and Paper Co., now so thoroughly carried out that is planning to build 25 to 50 new amen butter is bein sent direct Three Princes are shown at the races in England, the•Prinee o8 Wales, houses for its employees on its town- i from Alberta creameries to British the Duke of York, and Prince Hen•y. The Prince of Wales and Prince Henry site at Iroquois Falls this summer'• ( firms. are shown ready to compete in the army pomt-to-point races at Ar• -bort eld' ,,Last year 26 new houses were built, Cross. bringing the number up to 235. AVancouver, B. C. -One hundred • regular program of construction will deep sea ships arrived in Vancouver �T u this year. !during February. This is a port re -LIFE BLOOD OF JEWS '' Ir(ING'S•SFE ECI;I'TO BE be carried out • Port Arthur, Ont, -Approximately} cord. During January, the arrivals FLOWS IN RUMANIA HEARD. AROUND ‘WORLD were ninety-two deep sea vessels. An- Anti-Semetic Reign of Terror When His Majesty Opensns Bri- Grips Bucharest-Troops tish Empire•Exhibiti©r en (BELGIUM MAY°GET` • ,.LONGTERM LOAN Group of U S„.Manufacturers; Said ,to be Interested in $50 000 000 ,Credit, A' desp itch from New York says: -- American financial assistance to Bel- gium, it was reported in the financial district on Thursdaymnighttake the forst of a lone term loan instead Of Neck's -Markets TeiRONTO. Man. wheat -No. '1 North„ $1.08%. Mao. oats=No. 3 CW,- 42c;. No. 1, - 41e. Man. barlel Nominal. ' All the above, c.i.f., hay ports. Ontario bkrley--65 to 70c. American corn -No. 2 yellow 93eic. { Buckwheat -No. 2, 76 to SCe. eOntaeio'iye--74 to 78c. the temporary eeedit recently sug- gested, 11eae-No.,2,.$1,QS.to $1.50.. .kits when' the Belgian franc. Millfeed-Del„ Montreal freig g bags included: Bran, per ton, $27; its -sensational advance. A group of shorts, per ton, $29; middlings, $35; manufaeturei•s' acting with the sup- good feed Hour; $2. port of the'Government, was. said to Ontario; wheat -No. 2 white, 98 to be negotiating for a $50,000,000 loan, $1.02, outside. ,h,, the proceeds of- which' would be used Ontario:No. 2 white oats -39 to 41c. for industrial development. Bonds to .Ontarioccor-n--Nominal be issued would have the security,,of 'Ontarioelour-Ninety per cent, pat., a Governmentssuewould iiariint in- jute bags, Montreal, prompt ship - g Y• anent, •$4.d0; Toronto basis, $4.60;' Active competition for the business bulk, seaboard, $4.25. is expected to develop among local Manitoba ,flour -1st •pats., in jute banking groups if the results of the sacks, $6,20 per Llb.; 2nd pats., $5.70. preliminary negotiations, now in pro- IIay-Extr., No. 2'titnothy, per. ton, grecs, pave the way foe a loan. While track, Toronto, $14.50 to $1,5; No, 2, i T. P. ;Morgan., and Company; and the 14.50; no. 3, $12,50' to $13; mixed, Guaranty Trust Coinan actingas `1550. Y A Y, Straw=Carlots, per ton, $9.50. agents ;for the Government, previous-, Stendard recleaned screenings; f.o ly have -handled the Government's fin- b. bay ports, per ton, $20.50. arcing; other bankers are preparing1 .Cheece-New, large, 18 to 19e; to submit bidson the ground that the twins, 19 to 20c; triplets, 20 to 201/ac; proposed loan is not a strictly Goy-' Stilto rs, 21 to 22c. Old,. large,. 25 to ernnental operation, 27c; twins, 26. to 28e; triplets, 30c. Butter -Finest creamery. prints, 40 to 41c; No. 1 creamery, 30to 40c; No. 2, 36 to 38c; dairy, 34c. Eggs--Extias, fresh, in cartons, 83 te, 34c; extra, loose, 31e; firsts, 28 to A •despatch , from 'Dawson, Y;T., 29c; ceecnds, 24 to 25c. Live pool -try -Chickens, 3 to 4 lbs:. says: -Bread made from wheat grown 25c; hens, over 5 lbs., 26c; do, 4 to p within seven miles of Dawson is on, lbs., 24c; do, 3 to 4 lbs., 15c; spring sale at all restaurants here. chickens, 4 lbs. and over, 25c; roosters, A de^Latch from Budapest, Hun- Jr. despatch from London says:- Dawson, at 65 degrees of latitude, 15e; dubcklings18cover 5 lbs., 19c; de, is thus the' most northerly wheat- 4 to 5 ie., ..N gory, says: -The shoats of Bucher- King George will <, speak a piece' diet Dressed poult_y-Chickens , 3 to 4 est were ,drenched with innocent Jew_ is expected to be heard around the producing point in the Empire. The lbs., 30c; ;hens, over 5 ]tis, 28c; do, ish blood all night long last Saturday. world at 11.30 mai.; Greenwich time, quality, according tb an export from '4 to 5 lbs,. 24c; do, 3 to 4 lbs,.lOr; And the anti-Semitic reign of ter - April 23, when he will formally open Manitoba who was here last summer, spring chickens,' 4' lbs: and over, 32c; nor gripped the Rumanian capital the British • Empire Exhibition at is equal. to No. 1 Northern. roosters, over 6 lbs., 18c; ducklings, Last season's, yield at the Govern- over 5 lbs., 24c; do, 4 to 5 lbs., 25c. Einem early in theafternoon,until sev- Wembley. For tha,fxv time in Eng- lish mental experiment station at Swede_ Beans -Can„ hand-pcked,'Ib, 61,1c; enol regiments of troops got in con- ]ish history, he actual voice of a mon- Creek was 30 bushels to the acre and primes 6c. , trot of the situation, at daylight on arch will be broadcast 'and hoard the wheat commands: a Maio products,-ee rup, per imp. eimnita i tl 1 1 ready sale at ten thousand Finlanders will emigrate from their native land this summer 'to settle in Canada, according to Eric other port record made on February 29th, was the number of ships in 'port. Kerte, Finnish consulter agent for the The previous reported record was district. Mr. Korth expects that from forty-three deep sea ships at one time, '1,000 to 1,500 of this number will lo- whereas on February 29th there were gate in Northern Ontario. forty-six. SAVED PILGRIMS S?VE FROM BURNING SNIP Hungry r Sharks ,fi6Vari12S. 'Of I -I nil•; y Await in Vain for Prey in 1 Indian Waters. 1' A despatch from Port Sudan says :-A thrilling narrative of the fate which on Wednesday overtook the pilgrim Snip Frangestan, on its way from Bombay to Jeddah with 1,- 200 of "the faithful" aboard, is given by Sir Derrick Watson, who was a passenger. When the flames were spreading an aged pilgrim offered his small vessel of holy water, confident it would ' quell the fire. Meanwhile the Fran gestan's aviraless staff had got into eonnmunication with 47 ships. When the steamer Clan McIver arrived in 'answer to the call for help the Euro - i poen passengers were transferred first from the burning ship and then I. the pilgrims and the baggage. Night fell before the transfer was com- pleted. • Smoke was then rising in dense clouds. An Italian ship standing by turned her searchlights on the Fran- 'gestan and disclosed a 'weird spec- tacle. Tho smoking ship was sur- rounded by swarms of hungry sharks medal.. led by a pilot fish. John F. Hayford Of the Northwestern College, Chicago, has proven to the satisfaction of the Royal Geographical Society of Great Britaiu that the earth is solid san,l not a fleeting crust on a molten interior. He has been awarded the. Victoria The crew of the Frangestan re-, manned aboard, and the wireless op - orator, despite the oppressive heat; and smoke, stuck to his cabin till! just before the Captain ordered the' crew to abandon the ship. The flames spread forward, devouring the saloon, first, then the lounge under the bridge, on which the . Captain was, stillat hispost The ship began to I g list heavily and settle by the head, i The heat was so intense that steel plates fell off like scales, leaving the ship's skeleton silhouetted against the roaring furnace. The lights of her sister ship, the, P Tangestan, were sighted at 10 in thee evening, and by that time it was im-I possible for the Captain of the Fran -1 gestan to remain longer on the doom - ted vessel. As he departed he paused on the gangway to light a cigarette, and simultaneously the gangway caught fire. The proceedings throughout were most orderly, and the passengers ',saved all their effects, and all were ilittle'the worse for the experience. Babies eighteen inches long at birth will grow up to be adults of medium height; while a baby twenty-two inches long will be taller than the. average when it is eighteen years old. German Fruit Imports Show Huge Increase A despatch from Pettis says: - "Starving" Germans who are unable to join the throng of their fellow - countrymen residing in various Euro- pean resorts aro managing to live very well at home. Statistics published in France Show' that the following choice fruits were imported by Germany during Janu- ary, 1924: Table grapes, 957 tons; pineapples, 107 tons; oranges and mandarins, 14,330 tons. The same month a year ago the im- portation of these fruits amounted to 220 pounds, 440 pounds and 168 tons, respectively. Newfoundland Fleet Captures 70,000 Seals A despatch from St. John's, Nfld., says: -The sealing fleet now has close on to 70,000 seals either killed on the ice or stowed on' board their craft, ac- cording to latest reports received here. It is expected the next advices from the boats will report all the ships amongst the seals and with sufficient secured to pay a good dividend on the voyage. erberras Edison recently turned ever the general management of 'hie uny znalmftactuting inteaestr to ,hie son and is now enjoying the fraits of busylifetiine at: his Florida estate. He ie eiiown with Mrs, Halton. gal , $2.60; per G -gat tin, $2.40 per gal.; maple sugar, Ib., 25c. Homey -60-1b, tins, 11. to 11l4c per: Ib.tt;" 10 -lb, -tins 11 to 12c; 6-1b. tins, llee to 12e; 21/2-1b. tins, 121,4' to 13c; comb honey, per doz., No. 1, 53.75 to $4; No. 2, $3.25 to $3:60. Smoked meats -Hams, rued., 23 to; 24cr cooked hams, 84 •to 36c;' smoked rolls, 17 to 18e; cottage' rolls, 19 to 21c; breakfast bacon, 21 to 25c; spe- cial breakfast bacon, 28 to 30c; backs, boneless, 28 to 33c, Cured meats -Long clear, bacon, 60 to 70 lbs., 518.50; 70 to 90 lbs., 518;. 90 lbs. and up, 517; lightweight rolls, in barrels,. 537; heavyweight rolls, $32. Lard -Pure tierces,, 14% to 151/%.; tubs, 15 to 15/c; pails, 153( to 16c; prints, 18 to 18/c; shortening tierces, 131/4 to 14c; tubs, 18% to 14c; pails, 141/4 to 15c; prints, 161/3 to 17c. Heavy steers, choice, 57.50 to $8; butcher steers, choice,'57 to 57.50; do, good, 56 to 56.50;do . mei., 55 to $5.75; do, cam.,, 54.50 to 54.75; butcher heifers, choice, $6.75 to 57.50; do, med., $5 to 55,75; do, com., 54.50 to Stuart MacLaren • 54.75; butcher- cows, choice, 54.75 to hopped 55.50; do, med., 53.50 to $4,50; can One of England's best pilots, pp off from Southampton'recently in a Dens and cutters;: $1.50 to 52; do, coni., Ione attempt to fly.aronnfl the'world. 52.50 to $3.50; feedat steers„ choice, Lieutenant MacLaren flew the. first $6.50 to 56; do, fair, $4 to $5; stockers, British machine in Egypt. Prince• ' of Wales Obliged to Rest After Accident A. despatch from London says: - The Prince of Wales . has left watered, $7.75 to $8; do, f.o.b., $7.25 London for a rest in Biarritz, to 57.50; do,. country points, $7 to: after his recent ,accident, sustained 87'26; do, off car (long haul), $8.15 awhile in n steeplechase race which. 1 > was more serious than the public' was allowed to know. He will travel as MONTREAL. the Earl of Chester, and will remain Oats, CW., No: 2, 51c; do, No. 8, at the Riviera for about ten days. All 481 to 49c; extra No. 1 feed, 47 to his engagements for the next two 471/se; No. 2 local white, 44e. his weeks have been cancelled. Flour, Man. spring wheat pets., lsts, $6.20; 2nds, $6.60; strong bakers, Canada's Oldest NeWSl9D. 55.40; winter pats., choice, $5.55 to Newsboy $5.65. Rolled oats, bag 90 lbs., $2.90. Passes at Ninety-one Bran, 527.26. Shorts, $29.25. Mid- dlings, $36.25. Hay, No. 2, per ton, Ordered Out. April 23. Good Canadian Wheat 'Gr'own Near Arctic Circle Sunday, when the ` rioters became i cops y in the fomes ofrun- fatigued. dreds of thousands of lois subjects. Aristide Blank, the most prominent If Canadian listeners -in are lucky banker of Rumania, was .discussing during the early morning hours of the monetary policy of Rumania at that day they may possibly hear the the King Carol Economic Institute; first English King's voice to cross the opposite the Royal Palace, before sev-' Atlantic Ocean. His actual speech may not carry to the ends o era' hundred leading economists and f, the em- era' on Saturday afternoon, pire by wirdoss, but undersea cables when a band of 60 student. terrorists wall take his message where the air with huge clubs rushed into the in- waves fail. As soon as the words stitute and -beat M. Blank terribly leave the monarch's mouth they will before M. Titu:esco, the Rumanian beefl'shed Elena. a special station in Minister to London, could rescue him t exposition grounds along the All- and hurry him to his home in a mo-' British Cable. ;route across Canada to for car. New Zealand and Australia, thence to "Kill • ilia jewel" shouted the stn -'India and South Africa and back to dents as they belabored Blank and; New the .imperial cable stations terrorized the spaetators, completing the circuit within five min- The occasion for the outbreak, l'ees' which the Bratiano Cabinet openly However, the - speed ,with which the encouraged, was the beginning of the cable message wlll circle the globe trial of John Motza and five other will be nothing compared to the swift ness with which the students of Bucharest University for `actual royal' voice attempting to kill 111. Rosenthal, a l will travel to the furthermost radio o^ inent Jewish neii� z er editor, set within tuning distance. The King's prho hes since fled to France for sato-!tones aro deep and -rich and each ty, and plotting to kill Aristide Blank wend is clear cut and perfectly enunciated, and his father, the editors of all tho Jewish newspapers and several Cab-! �M1 inet Minist=re, accused of selling IRISH ARMY MUTINY themselves to the Jews. Aristide Blank, who is she Press- SUBJECT OF INQUIRY dent of the Marmorosisch Blank Banktt and of the Cempa •nie Frani o -Ru- Committee of Illiirestigation. maino Navigation and Aerienne, is Annoulncedl by Free State actually supporting 50 Christian Ru- President. manian students at Paris, "It is quite true that we intended to kill those people," calmly testified Maze, who two days previously had invited to his prison cell the student who had betrayed him to the police, seriously sheeting the ir°orraer with a revolver smuggled into prison by friends. "The Jews of Rumania became rich A despatch from Dublin says: - President Cosgrave announced on Thursday that Judge Richard E. Meredith, Gerald Fitzgibbon, former- ly' member of the Dail . for Trinity College, and Patrick MacGilligan, new Minister of Commerce; had been appointed a committee of inquiry into the recent army mutiny and would be assisted by Daniel Gorey, nominated by helping the German invaders dor- by the Farmers' party, and Major mg the war," Monza said. "The re- Bryan Cooper, selected by 'the Inde- pendent party. Tho Labor party .refused to nomi- nate a representative on the ground The opposethat the cominittee•cught to be limit - They ppo out Nationalist move- ed to members of th'o Dail who, ment, and they threaten to dominate through the executive, were ultimate - the country in a few years. We will ly p ons able for the Army Depart suit is that 75 per cent. of the stu- dents of the Rumanian universities to -day are •Jaws, although they com- prise only one-tenth of the population. never permit this," Home Bank Inquiry Opens on April 16 A despatch from Toronto says:- April 16 has been decided upon as the date of the opening.of the sittings of the Royal Commission appointed to investigate Home Bank affairs. Tho first sessions will be held at Ottawa, but as the inquiry develops and books are needed the Commission will sit in this city. Chief 'Justice McKeown of New Brunswick, the Royal -Commissioner, wired I. E. Weldon, Secretary of the Home Bank Depositors' National Ex- ecutive, to prepare for the opening of the sittings. Tho depositors will be represented by R. J. McLaughlin, K.C., Toronto; A. G. Browning, I.C., of Hamilton, and W. T. J. Lee, Toronto. E. Lafleur, If C., of Montreal, is counsel for the Commission. Sevin Branch Bills res ment, against which charges of mud- dling and incenpetence have been made. • Minister of Defence Richard Mul- cahy asked that the .committee•taake 'evidence 'under oath, but President Cosgrave said that' no legal power existed for the committee to take sworn evidence or compel the atten- dance of witnesses. Mr. Mulcahy and several other members : complained of the "'scan- dalous trearoent" of officers who had served the Free State against the ir- • regulars and declared that the offi- cera would refuse to attend the in- quiry and would leave the Govern- inent to eetricate itself from the t•ituation as best it could. Scientists find Harp of 2,000 Y e rs Before Christ A despatch from Paris say's: Jewelry fifty . centuries old, arid a harp that was played on nearly 2,000 years before the birth of Ghiest, are among the archaeological treasures Have Been Adopted discovered recently by Frenchmen in Syria, along the Euphrates River. A despach from Ottawa says:- Priceless antiques, which have been When the House of Commons ad- journed on Thursday night, it had, adopted resolutions covering con- struction of seven of the twenty-six branch lines which the Government proposes to guild on the Canarlian National 'Railways, The seven bine have been given first reading, involy- $10 per hundred pounds. Samples have been sent to Ottawa for exhi- bition. added to the Louvre collection, have been collected from that district. Most of then were dug up at Douro, They include exquisite•etacuettes, well enough preserved to show .the beauty of their lines. Rare ivory images and ceramics complete the lot. Search is continuing along the Euphrates at inn. expenditure of 56,422,800 out or pointe whore historical indications, the twenty-eight millions involved, give prmmae of further rich finds, choice, 54 to 55; do, fair, $3.50 to $4; milkers and springers, choke 570 to 5100; calves, choice, $10 to 511.50;, do, med., $7 to $9;'do, cem., $5.50 to $6; lambs, choice ewes, 514 to $15.50; do, bucks, 512.60 to 513.50; do, cells, 58 to $9; sheep Hecht ewes, $8 to $9• do, culls, 55 to $5.50;' hogs, fed and to $8,40; do, selects, slue to $8.80. • lots, $ 16 says;''=Thomas FlahCanada's Butter -No. 1 pasteusiyg341/ c; 3 .,,� No: 1 creamery, 381/4 to 344 c; 2nds, oldest newsie, is dead; after n'lxegk s 321a to 33c. illness from pneumonia. He was t 1 ..Eggs -Fresh extras, 81 to 32c;; years of age, and had servedin the fresh -firsts, 28 to 29c. British Army in India for 21 years. Potatoes `--per bag, oar lots, $1.25. In the early days in Fort William the Com, dairy t`yhs cows, 53. to $3,25; familiar figure could be seen around good quality calves, .ef(.; .do, fairly the hotels, acting as porter, brit of good,,$6.50;do, med., $5, 3 to 56; do, late he had taken to selling news, corn. light, $5 and up; hot -house lambs weighing close to 40 pounds, 512-ee papers. He had' left a sum of $200 hogs, thick, smooths, and shops, $8.k3 with a friend to pay for his funeral. to $8.50. • 1i`rcni a life of adventure to eine of. Arab commerce, Shackleton's Ant- arctic nt.arctic expedition ship, 'Quasi," has arrived at Blyth on her way to Norway to bo refitted for soa1 hunting. Natural Resources Bulletin, .. The Natural Resources Intel. ligence,Service of` the Depart - meet of the Interior at Ottawa Mairy people, in the older Por- tions of Ontario' know very. little' .;bout the newer sections of this province. When Northern Oa- tario is mentioned a mental pie-, ture is conjured up of Arctic conditions, and extreme' dis- tances from civilization. Can- ada; however, is upsetting many of these old-fashioned notions, Norway House, at the 'head of Lalco Winnipeg, .in TyIarutaia, used,to•boknown only as one of the missionary outposts: To- day there are pians being pre- pared for the development of a water -power on Grass River, one hundred, miles north of Norway House, or parallel with e point 775 miles north of Toronto, "It will readily be seen that inhere is opportunity for enormous de- velopment of the natural re ounces of Northern Ontario, even parallel to the development takingplace.inuManitoba.. PRINCE GIVES SLIP TO PARIS SECRET SERVICE Keeps Auto Standingin' Front of Hotel While He Leaves by Rear Door. •,. A despatch from Paris says; -The Prince of Wales, after a 24-hour visit to Paris,- left on .Thersday: for Biar- ritz, to the great relief of the secret police entrusted with the task of keep- ing discreet watch over the safety of the Royal visitor in France. , The . Prince, who• is travelling in- cognito as the Earl of Chester, fooled detectives and.reportera neatly Thurs- day morning, A huge . automobile, bearing the coat -of -arms of the Brit- ish Embassy, remained standing in front of his hotel, until noon. As the Prince had not appeared,' the detec- tives Were much worried. Afternoon newspaper's published photographs of the automobile, with' the caption: "The Prince of Wales is the latest riser in Paris." In the meantime the Earl of•,Ches. ter escaped by tho rear entrance of the hotel and lunched democratically in a modest restaurant. A despatch' -from Fort William ear Higher Education for War Veterans. For the past five years the Alumni Federation of the University of To- ronto, through a portion of the War Memorial Fund set aside for scholar- ships, leas ,been assisting war vet- erans to complete their university courses by means of loans, The sys- tem of loans has been -handled ju- diciously by the committee in charge, loans being made only on condition that the Faculty or College concerned should agree to defer payment of tui- tion fees. The case of each returned man was .considered on its merits, care being taken to make loans only to these who really needed them. As a result men this policy over 500 re- turned men have been assisted in fit- ting themselves to take a useful place in the life of theP r-0:ince, Tho pant few months have, how- ever, brought about a critical situa- tion in regard to the returned Hien at the Royal College of Dental Surgeons; some thirty in number, who are now in the final year of their course and almost ready to take up their duties in the dental profession. The Ahimal Federation has always treated de- serving dental students with sym- pathy and these students have receive ed loans onthe assumption that the college would be in a position to make the usual deferment. of their fees. Increasing costs for the - past few years have placed the College in h difficult position and this year it bas so far been impossible for the Col- lege authorities to foregothe usual fees. As many of the students con- cerned are already heavily overdrawn .q�t their banks, they find themselves ielme difficult position at a time when but few moathswill see them earn- ing iiioniey. . With a view��to finding out if some- thing cannot k1, done to alleviate the'r troubles the refril nedsolldiers of. the Dental Faculty rem tly wield a enact- ing and decided to alepeieet three fifth year men, le, C, Sinmms,Clayton, and W. R, Prowse, to take w -ver steps they consider advisable: This" '-- committee propose to wait upon the Ontario Government and' lay the situation before the Cabinet to sco if any solution to their, difficulties may be expected from that :q^.aartsr. In the five years which have clapsacl since 'the inception of the War Me- morial Loan Fund the Alumni P'ed- eration has. made advances amounting to over $160,000. Already a good pro- portion of this money' has been raid back 1.iy the gradnetes, the preemie rate of return Belong bptlyetp $3,000 and $4,000 a month, including -repay- ment of fees. The investment has boon proven to. be, not only paLtriotic but financially sound, 'The Alumni Federation is not, however, in a po- sition to make further loans, The War Memorial Fund is being devoted • to the Soldiers' Tower and the re- minder of the fund, it is intended, should, as soon as possiblebe P put to its original purpose of providing scholarships:;