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The Seaforth News, 1928-09-13, Page 3Prosperity and Financial Freedom for Canada , SO t:ibso are the eeonomio ties bo tween tee and our Northern neighbor, that regent reports a Canada's pros. oz4t ;prosperity and coming financial Independence: arouse nearly as much interest an this sideof the Canadian border as on theother. here we have an expert oi' Our own. Department of Commerce predicting , that • Canada Will, "at no very remote future;' loin the United States as one of the •credt- , tor nations of the world. And this is backed up by the announcement "of the Canadian Minister of Finance that government loans maturing this fall will be paid off net of the' treasury,' 'Wetted of through borrowing from the American market. At about the same time a Toronto dispatch appears in the New York Evening Post, be. ginning as follows: Unprecedented mining and building .activity, increased employment, a note- • worthy volume of external - trade, "heavier carloadings, and, most import- ant of all, the prospect of,a bumper wheat crop, all contribute to an un- usually bright outlook for the second half of the year in all five of Canada's .economic areas, Canada's record .of prosperity dur- ing the present summer bee seldom 'been equaled in any similar period in the Dominion's history, declares J. C. Royle, in one of his financial dis- patches for the Consolidated Press. To a large extent, he explains, "this is, duo to the productionof grain, and the prospect for the remainder of the year is exceedingly. bright." Indeed, this authority hears that in the wheat - growing prairie provinces, "employ' Ment has reached a peak of 127.3, tak- ing one hundred as the five-year aver- gage from 1922 to 1926." "So far as the future is concerned, Canada is 'sitting pretty,'" writes Charles L. Shaw in Forbes: Wilts most serious problem of all con- tinues to be sparsity of population. sand the lack of aii immigration policy that gets immigrants, but the people now resident in Canada are, by and large, enjoying a moderate but sound. prosperity. Tho exodus fromthe in- dustrial centres to the United States, which threatened alarming cense- cluenees a few years ago, appears to have petered out, Labor conditions are better to -day tliau they have been 'in years, the tide of industry is rising fast, and almost every sign worth notingpaints to a continuance of business betterment with out North •ern neighbour. Raw materials furnish the key to Canada's future greatness, we read •on, "for there are few countries in the world with access to such a:, colossal treasure chest of undeveloped re- sources, we are reminded. It has been estimated that $3,031,000,000 of United States money is now invested in Can- ada as against British investments of $2,110,000,000. Nearly half a billion dollars of American money went into Canadian investments last year, and, "during the last five years a single NOW York financial house has mar- keted Canadian securities in New York worth $1,200,000,000." Ono Am- erican financial group, according to Mr. Shaw, 11 planning to spend 650,- 000,000 in what baa hitherto been re- garded as a barren stretch of wilder- ness --the so-called E'lin-Flonmining area In northern Manitoba. Much of the Dominion's recent prosperity is due to its minas. In fact, "the value of the country's mine output was $240,- 000,000 in 1926; it has trebled since. 1907," But Canada's mining 'develop ment makes a long story by itself, and Mr. Shaw goes on to note the extent to which United States dollars are be-, ling invested in Canada's pulp and paper industry. An unnamed Cana- dian business man is quoted as say- ing: We will in a few years be the lead- ing gold -producing country in the world. We are already the :dominant factor in:, the world wheat market, and su- preme in the production of pulp paper and several othercommoditiesof in- creasing importance to humanity. No wonder Cauadian investments are , popular in the United States to -day, Further evidence of Canada's in- creasing economic importance is set down as followsf In 1914 Canadian citizens owned no government securities; to -day a large percentage of Dominion and Provin- cial government bonds are held by the people. Spectacular evidence of the present prosperity of the country le seen in the purchase by Canadians during the past year of 159,000 motor oars, valued at .$160,000,000—a fact Which in itself demonstrates that Can- ada, besides being a ready absorber of American investment funds, is a customer of no mean consequence, .A. nation's backbone of . is usually to be found in its farin lands, and in this respect Canada rune true to the usual form. For three suc- cessive years the farmers of the Cana - Man West have enjoyed seasonality good harvests and have received fair prices for their produce; Canada labors under the disedvan• tags of not having a oheap coal map - ply near its main industrial zone, but this lo. offset in part by the. great .pgs- ' 611)111 tos ofwater-power, and, besides, "theoil and tar sand deposits of north- ern Canada are promising as a factor In the country's industrial .future." And yet,,; Mr. Shaw says: Canada is not booming. Prosperity s b Lied on something sounder and. r•c.:re lasting than a boom: • In fact, Midsummer Jaunt Over Snow Summer heat hoids no terror sea level. AMID THE SUMMER SNOWS IN ,PARADISE VALLEY for these young women who are going for a ride in the dog taxi in Rainier National Park, Washington, 5,557 feet above a boom is the last thing that Cana- dians want. Mr. C. E. Neill, late President of the Canadian Bankers' Association, has issued a warning against overspecula- tion, and is reported as saying: As yet there is no boom in Canada. The future hae not been overdiscount- ed, but let us keep a true perspective and endeavor to direct the develop- ment of our country along sound lins, thus paving the' way for permanent. stability and good times. Returning to predictions of Can- ada's coming financial independence, we find the New York Hertald Tribune noticing the aunouncement of the Canadian Finance Minister, Mr. J. A. Robb, that 'instead of refunding some $63,000,000 in maturing loans through. borrowing in the American -market this fall, the Dominion will pay- off these obligations- out of the surplus in its treasury; he intimates further that from now sn, for the next five years at least, the Dominion will be in a position to take up all of its loans in the same way." On which The Herald Tribune comments: Canada has had its financial diffi- culties in the years since the war, but today, from a financial standpoint as well as from an economic standpoint, it stands on the threshold of the great- est prosperity that it has known. The present step in its debt -financing is a definite recognition of this fact, signi- fying as it does, that the'° Dominion has.not only been able to balance its budget without borrowing, but to pay off, as well, a substantial volume of maturing indebtedness. Two Interesting Letters Appear in Listowel ity, The Prince Consort arrived in State and the affair began to move. y. y All the nations lined up on the cam - Pee Standard outside the stadium. Then the Parade began with the countries Sling in in alphabtical order, with the esti a caption of Greece, whose athletes' were the first to enter the great stad- ium in recognition of the fact that they were the, sons of the founders' of the Olympic games. Canada Sled Team Gave The Walter Boys, Members of the Olympic , Personal View of Amsterdam That Throws Much Light on Conditions There f STRANGE CUSTOMS Knowing that the following letters windmills shooting their great fans rout Graham and John Walter, mem- like arms up into the sky. hers of the Canadian Olympic team, will be greatly enjoyed -by the public generally, we are pleased to publish them for the beneflt of our readers. We are indebted to the boys for the privilege: (Listowel. Standard.) Amsterdam, Monday, July 28, 1928 Canadian Olympia Team: What a time we have trying to find time to write letters! We work out twice a day and have to be in bed at 10 o'clock, so with a bit of sightseeing our days aro more than fun. To those who have' watched the progress of Canada economically in recent years it will come • as little stir - prize that the. Minister of Finance is able to report that, while taxation is being steadily reduced on the one hand, the Government is thus able to discharge its outstanding indebted- ness as it matures, on the other. The conclusion that Canada has reached` the capital -exporting stage is based on, the. rectn statement of Ray Hall of the United States. Department of Commerce that Canada's present position "is very similar to that of the United States during the last years prior to the World War"; it is "the position of a so-called debtor nation which is reducing its old debts to foreign investors or is making new foreign investments of its own in an aggregate volume eceeding that of its new borrowings from abroad." As The Herald Tribune remarks, "no clearer indication could be asked of the Dominion's approaching financial independence." -(Literary Digest.) South African Item of Interest Here A clipping from a South African paper covering a resent visit to Rua- temburg, Transvaal, of the Governor- General of Souter Africa and Princess Alice includes a paragraph of inter- est to residents in Vancouver. The paragraph reads: "Her Royal highness Princess Alice has accepted a sketch of the Gover- nor-General and Her Royal Highness from Miss Carrie Nicks, daughter o Mr. F.. Hicks,' formerly a well -know member of the crimilnal investigation department and now of Rustembur municipal staff. This gifted girl _o 17 Lae had,no instruction; in her art already won a Lando yet, she has.Y N prize. Miss. Hicks has relatives In Canada an uncle, Mr. Adam Hicks, a well known pioneer of Vancouver. In a regent letter from his niece, Mr. Hicks received a snapshot of Princess Alice taken, While she spoke a few words with her. n g L Landon , Men ,aro not flattered by being sbowntbat there has been a differ once of purpose ,between the Almigh ty and them,—Abraham Lincoln. The Philadelphia company which has eatabliehod an 0Rlce In a mono Plane allows that it is not disturbed about a firmer foundation for the bus! nese of aviation. Amsterdam is a very interesting place and I've seen more things to wonder. at in_ this place than you can imagine. On Sunday Jack and I took a canal boat through the canals and harbor of the city. We, saw the old- est parts where the houses -hang per- ilously over the water and the only aPproaeh to the front door is a small boat of some description which they anchor to the door knob. The streets are all very harrow and the mass of with in Ottawn "Y" mot me in the humanity that struggles up and down hall to -day. We were both surprised Discoveries Is Skail Bay, them every night is unbelievable. to see each other so far from Metcalf in Orkneys Every third person, man, woman and Street. Don Carrick is a mighty finsy child, rides a bike and how they ride! chap, We have had a great deal of Glasgow.—Archeological discoverers This Is the queerest place with the tun on the square in front of the of great interest have just been made queerest customs. Imagine seeing a Queen's palace with a Dutch "artist?" on the Skara shore of Skail Bay in cart on the street with a jar of living, who attempted to draw a sketch of the Orkneys. A prehistoric village of squirming eels in it and on asking Carrick. huts connected by winding subterra- the pusher of the cart what the gels I saw the new stadium yesterday, nean streets has been laid bare. are have him swallow it like a raw and it is undoubtedly the' finest of its The Office of Works is conducting egg or an oyster. That's what they kind in the world, although I believe the excavation operations on a gorup do over here. Another common sight is to see an old woman in Dutch cos- tume cleaning small fish on the street which she sells to passersby for 10 cents, who eat them raw as we would a chocolate bar. On my slight acquaintance with the Dutcher I would say that his chief pleasures are to be found in beer par- lors and is music. Every third place is.a saloon and every saloon has its orchestra; that his chief characteris tie is inquisitiveness; crowds collect and follow you. everywhere; that his favorite pets are doge (you have to watch your step); that his best food is bread and butter; that the day of the wodden shoe is passing but not gone; that their hospitality is second to none and the warmth,of their recep- tion never to be forgotten. I've been taking pictures et the appears that many of the little sluices stadium of Americans, Australians, or„oanals are quick sand at the bot - Turks, Poles, Hungarians, Esthonians, tom and at the calf age the animal is Irish, Finns, and a lot of others whose thrown into the water and given an countries I cannot spell, but it is a eperience with the treacherous quick wonderful sight and the "sign" lan- In about third and I think that we looked about as hot, if not hotter, than most of them- The crowds gave us a wonderful reception. There were 47 The Dutch people are both very countries in all represented, and it modern and very ancient. Down the' was most inspiring to us of the British narrow shipping streets you see a Empire to see our flag appear In so sheik dressed in the height of fashion many different forms and carried by followed by a fellow -countryman with so' many different races of people: a little tight coat and pants at half- Australia, Rhodesia, Iaces ,.Scotland, mast, or a workman dressed in a lea -`England, India and Canada, all belong- then suit and knee pante and wearing ing to one great family and all recog- big wooden shoes; and what wooden nizing in each other one great fratern- shoes they are. Some are plain, some ity of nations. Yes, the old Empire are varnished, and some'have steel will take a stiff breeze to shake it, and laces riveted into the wood which - wherever the flag files the sympathy make them real snappy. They are I of all and the good wishes of all are very curious and follow us around 1 centred there. with monotonous regularity. The Waiters. yes they have them In other night a number of us parked Holland, 'but they are the worst in in front of a big theatre and sang the world, some of our team' songs. The crowd Must close now. Best to all. got so large that when the theatre JACIC. people began to come out they could not get past the doors. The cops were , called and, with their swords, not ��`e" t�Excavate batons, they managed to clear a pass- age. One of the boxers we used to train Crime in London Only 4 Per Cent. of New York Total Tritons, Celebrating Centera ary of Scotland Yard, Point to Speed of ,Justice "Bobbies" Are Unarmed King Present , at Service of ' Thanksgiving British RulerandSono Lister: to Eloquent Sermon•--' Memorable Address Londenr'—?icing George, the ltriuoe • of Wales and the Dulte of Gloucester, attended a thanksgiving serails .at Cratliie Church in celebration of Successful Solution of All "T'eace Feet 5nd'ay," whiles mane+ thansands of other popple in Gxeat Murders in 1927 is tCited I Britain participated in similar observ- London,—The celebration of Scot• aures throughout the land. Many land 'Yard's ono hundredth birthday, London congregations, particularly in hag furnished the occasion for an ex- Westminster Abbey, wore livened. by haustivc analysts of England's victory American and continental worshippers over crime, while many pulpits in tlri trgpohs Tho metropolitan'polico force was and elsewhere were occn by Am- organized a century ago by Sir Robert crlcan preachers,. Peel, whose name is preserved in the i • England's beloved ruler and his. Popular appellation "bobbies." It has sons beard the Very Rev, Charles been built up into an inetitutioa of Warr, Dean of the Order of the Ouch efficiency that England now Thistle, describe the Kellogg pact as . claims to be the least criminal nation the "greatest moral and spiritual ad. in the world. venture of the human race;' He said How great is the difference in crime that it would remain a glory to their between British municipalities and age and that it had "he courage and those of other countrlee may bo seen fait to attempt ci rid he earh of the in a comparison between the two curse of bloodshed." Sinee the war, largest cities of the world, New York he said, the British Empire had pur- and London. sued a persistent policy of conciliation Cites New York Crime and "With God's, grace we would The total of all crimes in New York, honor the bond." with a population of 6,000,000, during Sermon Is Radlocast one fiscal year was 333,083. The total i The sermon of the Rev. le, Campbell for London during the same period Morgan, speaking to a egeivded attend, was 16,662, out of a population of 7,- i anee at Weetmiastep Glangregational 746,000. In other words, London's Chapel was radiocast throughout the weight of criminality was practicafy ' country. Dr, Morgan took for his text 4 per cent. thatof atedew York. I Matthew 10, verse 30, "He that is not closely with the London- with me is against me; and he that er's exultation in this low figure is his gathereth not with me scattereth belief that it !s caused by moral abroad." He held that the 15 Signa- rather than armed force. The London' tortes to the pact were gathering to - policeman does not carry a revolver,1gether in obedience to revealed truth Hie only weapon Is a truncheon, or which included the "solidarity of hu- stick, which he uses only when he I manity" and that the nations in cast - himself is attacked. The "bobby" Is ing their vote on the side of good . a respected member of the commute- I were gathering the world together in ity and usually a magnificent specimen the name of Christ of manhood. He walks unarmed into' The preachers in churches of all the most dangerous quarters of the denominations referred in thetr ser Hast End of London. He has been mons to mankind's most impressive known to arrest six men who attempt- effort to attain the greatest of all ed to attack him merely by wielding Christian ideals, "Peace on earth, his baton assiduously. good will toward men." Swift Justice in Britain Archbishop of Canterb r and The ill to oP u Y The Londoner believes that much. of the Freo Church Council lad the move - the crime in America is caused' by the ment for devotional celetection of the fact that the pollee ore an armed great event. Hundreds of other force. Violence, he thinks, breeds thanksgiving services hero, held. violence. Canon Seaton, Bishop -designate of In England the two undoubtedly Wakefield, at St. Paul's Cathedral, major factors which conduce to the said that he believed the pact would reduction of primo are the successful answer the secret longings and pray - detection of crime by Scotland Yard ors of thousands of simple, unknown and other police organizations, and Christians of.all nationalities. the prompt justice meted out to the The earth's new answer to the song offenders. In the metropolitan area of angels was the 'characterization o! of London last year not a single mur- the treaty by the Rev. Dr. Morgan of der was left unsolved, In every case 'California at St George's, Hawes* the murderer was uncovered and Square, who said that the Kellogg brought before the court. pact -was "a sincere and noble effort 9 Criminal justiee is far faster in Eng- to abolish war and that its acceptance Picts Village land than civil justice. It is no un- and fulfillment will prove that the usual event for a criminal to be tried, hearts of the nationas have turned to Site of New Archaeological convicted and hung within four weeks God" of the commission of his crime. Such the track is slow. of Picts' houses under the direction We took a trip to Utrecht rester- of Prof, V. Gordon Childs of Min. day, the city where the English and , burgh University, an archeologist French settled their argument over familiar with prehistoric Scotland. Canada manyyears ago. We were in" The latest find is a new chamber an old Church which was built about i or hut, which is in a better state of the time that Old King John( one of preservation than the one examined my namesakes) signed the Magna by Petrie in 1860. For the first time Charta. There is a tower in this city the relics and the construction of one built in 1200 and is something like: of these wonderful structures have 380 feet high. A bus took us through been accurately observed and photo- Zeist to Dorne, whore Kaiser Bill graphed. Much pottery has been un - lives. We did not see old Bill, but got' earthed, including a number of quaint - a picture of his groundsman, and ly ornamented sherds never previously stole a rose from his spacious estate.' seen, but which are expected to help We were afforded a wonderful oppor-' th approximate datingof the site, tunity to see the country life of Hol- The excavations when completed land in a drive from Utrecht to Am- -will probably reveal an entire village sterdam. Tho landscape is dotted with streets, passages and galleries. with Holstein cattle, and not a single - y fence separates the many herds. It Industries Increasing in Old guage is the universal language around here. Sincerely, GRAHAM. sand, a hard lesson but a lasting one. The little canals can hardly bo seen, Seager said there were signs that a but they are allover the land. Yester• revival to a state of comparative day I saw what was •very funny to me. `prosperity might be expected before A herd of cattle was grazing on the long. If the heavy industries wore Country? In the course of his presidential ad- dress at the annual meeting of the Chamber of Shipping of the United Kingdom at Rugby, Sir William land at the bottom of a twenty -foot Amsterdam, July 28, 1928. cliff. At the top of the hill all types The last time I wrote you a letter of ships were.moving along the canal. I guess we were on the B.S. Albertic. We docked at Southampton and took a train to London, where we put up for the day at the Hotel Cecil, about the finest hostelry in London, We saw a groat deal of 'Loudon from the back of a cab. We had a good work- out at Stamford Bridge. The trains here are really fast and we got to Harwick in a hurry. There we em- barked on the good ship "Archangel" for Rotterdam, It was on this ship that we got our first taste of second- class passage, It mans that we were booked to Call the following evening first-cjask but the committee wore anxious to land us in Holland as early as possible, and as a result we slept in places over the propeller. A bunk room with two pootholee is plenty liot for me, but no one was any the worse for it. Tho trip from Rotterdam to Ain- stsrdam 19 very interesting with We A tree had fallen across the road and it looked like a long delay as the Dutch workers in their wooden shoe! proceeded -to cut the tree in several, sections in order to clear the highway on which the traffic was already piling up. The 30 odd Canadians with pio- neer initiative peculiar to the race (that's good) took hold of the tree and dragged it off the road, leaving the Hollanders standing in their wooden chess with their moirtlts open, staring a% ussdumbly as we whisked by in our pig bus. Since the above- was written semi' time has intervened in which yours truly has beheld the 'greatest epee - tech) of his young career. The "Par- ade of Nations" in the Olympic Stadi- um at Amsterdam was beyond a doubt one of the greatest in the history of athletics. Every seat in the vast stadium was filled and the bloacber section was one huge --- -s of human moving slowly toward prosperity, they were none the less moving. The expansion of thirty-four new indus- tries, involving the additional employ ment of 874,000 people. was a most en- couraging sign. The apple crop of Canada for 1928 is estimated at 8,157,860 berrols, an increase over 1927 of about 850,00 barrels. t .i rapid-fire punishment deters prospec- livo criminals from insurring the risk of a like fate • - Wholesale Moving Great 1500 -Mile Trek of 300 Families Across South Africa to Take 12 Months Earkly West, 8. Africa.—Within next few months there will begin what may be regarded as the last of the creat tracks that have made South African history. Some 300 families, comprising 1,842 persons, with 340 wagons and 16,000 animals, who for the past two genera- tions have suffered hardship, will make a new beginning. They are the Angola Boers in .the Portuguese West African territory, whom the Union Government has graciously allowed to settle in South West Africa. Only a small number are well off. The greater number are needy, They will receive a loan of 2360,000, free of Interest. Each family is to get a farm of about 16,000 acres in extent. For the first five years of occupation they will be lessees, and thereafter the purchase may be paid in 80 years. In cash each family receives 2400 to 2800 fair house, borehole, windmill and dam. The cattle advances must be repaid within five years, The few who possess 21,000 or more, are al- lowed to take up land on the same conditions as any ordinary settler, Some of the families will have to trek 1,500 miles by wagon before reaching their allotted farms, No farmer may introduce any live stook gram Angela,. so that when Vie Kunene River Ts readied til antiilals must 110 disposed of. .At the drift the Adminis- tration of South Africa ass t willSIU 1 the responsibility of the continuance o the treks a ,tarttsr cis i cI •et q j0 lies true o f tpitt s n rte iri 'frr ,.&t 'k�1i N cif >£ 6l, No motorist will contend that the petrol retailer should not be granted a reasonable profit. `"tee %t i • Grace. ' m going to enter Fido la” net oar." Mabel. the dogshow x Y ab �,,gg think h'll win?" "No,but heal you n e The Rev, H. L. Johnson, speaking at St. Martin-lu-the.Fields, said: "It will take a lot of courage and sacri- fice for us to think in the new way. Existing treaties based on naval and military power will have to bo revised. Our school textbooks will have to be rewritten, and the outlook of each one of us will have to be changed. "Our task now is to help make this generation fit for peace, , Pecple must be as prepared to make satriflces for peaee as we were to make sacrifices for war." Dr, Chester B. Emerson of Detroit, speaking at Marylebone Presbyterian Church, said: "To -morrow, for the first time since Jesus was born to bring peace and goodwill into the world, a pact is to be signed to outlaw war. Pray for to -morrow. What the world needs is a school of interna- tional good manners." Canon J. B. Haldane of Southwark Cathedral said that the significance of the words "my brother's keeper" was happily becoming univereally'ap- predated and that the church through. out the world would watch with in- tense interest the progress cf the movement to outlaw war and all Its horrors." Good Judgement Requires : information Your judgment is no better than your information, is a good statement to memorizo. It is certain that tg.„ acquire judgment, on must investi, gate a subject from different angles, The first information may only tell part of the truth, One may discover that he has been misinformed or s0 slightly informed that It is a poop. foundation on which to form an. opinion, If you only read what you already knew, you learn nothing. Some 4p no't want to read something new or read the other side of a question o which they he narrow r. ow put p rof = con>yw tioIItTieY gioP erte dal„i 3cusewwith Which they cannot agree or understand. They condemn the preacher or the teach yv len th$ %alert naiure of the ter.-+ tory to grossed is tonsl4 eret{,v. ai a `Fe s Tbtrewill then beco t_ued R ay to acteg�re knowlodrlr batches of three groups of itve wag- 7tee�nopen 'mind { so that ct�fforpitF� ons oaohl every fortnight, According angles of thought•'rn8 Preset lire - selves for your information. That s the basis Qt sau{l!t_ ttedg }}eat, •_ma "f..• Sn ,th naw the pre fared schedule the greatt t'eir will occupy about 12 months to complete. meet some nice dogs," the Ifian' (to man u iii n 0 para,„ "a Y � m lot areanatural boat in any or 'p � lreotiont ride �n qulpmentj 1*0 1 want d �t P c1 g ct � �P t !li a' uy boy,, wrote the prow, v • eq • _,; t " "He' h .a" relied 1 "He 'i' es ver in re o s rite o for roe �S . schoolmaster, g v a Y �}!r An International eapoditip argaui• line of these y g s g 1E yt} $8 s -- — cation of beingan industrial magnet rod lir Russia plans tq esplor0 tii9 Amateur Gardener—"Yo err l !t unknown territory of the hig1rost ilea. Now—or—whore do I get the someday, He gets the other boys ttl mountains in that country, green fly?" I do ,all hie work for him."