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HomeMy WebLinkAboutThe Herald, 1911-03-03, Page 64 trot\ TROSF GO OI ITS 7 PANY EfEN the 'Trost (.+npaUy when the l.rtt't C:nxei},:,nv'iriade a lir w Intl larger Into ter areal took ,.eldil loon s'enlitie't• from the bank: and this severity hes mime lustier tvnteettot(%' and the Trust teem pato mad in frill by the Liquidat.uv 01 the, Wyk. Ma. \'a'Afil I:1 '1'O HE Allyl':\'1', At. Mr, lialrrert•a retinat•i it was tart reveal that the int•c<tigr*rttiun into tltie eittg_e �honit 1i' cnudnrtrtl ut In ah - Made Loan to Farmers Bank in Good t, ; + 11P hatt iulli(irlant liTAPie,4, in tit tt•eS1, whirl wnttid require his per• et•nete there, Bir. \Verreu armored that he otteld tent run away, ito(I tltut he No anted to be eotnniittid for trial in his ;;beene . 'file race wee 1E,l,innrned for. wink• hili it IF tititlmtste od that tete mom e ell; not be reariy to pro; (•t+1 for e•':ee welt t. Faith and Ample Security. Bank's Real Position Not Suspected at the Tilne. Case Will G0 Over While Mr- Warren COL. MU t` R'0: is Absent. of. Case Against Flim • Toronto .ess atrimeLr Trots . •Gannection With Farmers Bank. • suttee Company eet:erclay Issued this statement in earre netlon with the burnt- '1`erentu deep:itels Thee roar ag;ain'st 1 01.nrl 'Mimeo. President of the tkarrn- rr- Hattie. t•Itarged with titthutg Mae re- tt:ri€s to the C-clverunteat. (lid not go on le ;etre :ledge \Vin he -ter this morning. -4(t rti; ('roan Attnrtlr;, ylottatnan tole{ Judge \Vbtrhrst-.r itt ;Members that. lin wee enetem to stet net with the e'a44,, as ers Bank; "1\'bile we have nu desire to coin- mcrtt on the trttiisat•tiuns which have been the subject of investigation be- fore Colonel 1)(•1lie"n, we may eay that: the lean made io W. ;R. Tracers per - eralc.I:.., BEE-KEEPH Ott M.! x,° COLLEGE Co*operative 7 Experiment in Centro! of Swat m, ,g --•-Results of 1910. .\t for ti=! i;4:•)est* of the year 1:110- •, a hen t•1=elit,tie'atr.lr. Department eves or- ' ganized at t.leiaititarto ,\.hrieultutal Col- lege for nice:.., ion and experimental Mork, ~tips u -,rt iznnicdr,ittly taken 10 Juau(„!urate (:I operative, ttivt: 1 etiterJlncntt;. A prospect t4 it el 'v plirati'on blank were sent • oitt oe1 rtt;te.1 :hat the first e ipera nze.nt tvnuld 1-e e z c far. the ('octroi of } owafrninghaeiesitions tl'('t' 1'eee'i\•eel for this e:,ite-i'tmene from over three lien - 1 tired bcu•kt.cii;:t ie Brei eIltitig nearly vv. cry Count,• of t nt at'ro, its well as roo=t of the otitis 't,'inee•, This utast e,; !ging. re qnnse e ti be attributed par ta the tide-epread in- terest there le h'. 'Arnot in the wel'k of the i.tperiuie;,n u Latium partly to be in- ter cit in beeiliiimieg a•a a business tthieli is awakening; it over the c(itttitt•y, hitt more espel i alli te the fart that the n;tr- tzetile r exittto; n •1nnouueed /t Fleet Control of St1;i tttg.• is one in wi ic•h every lin ogie.:tit bee -keeper is interest- ed, .ritcre are imee great et oblems in bee- ntaatagi-tent•'iiia tele eonntry, viz.: Brood Diseases, `aint t t : r• and i- 11Sran Control. \Vltiie the first leo are very real, the t fa1l r,f 19(let at as made swarminggpt•attl.,i ;.ores home to every *6111111Z7 in t,ae t one of 1110 (anomie tcttine.sea, e> tole .tt severity, which ultimately real- 3i„ s;;t.ir, tra4 in Florida. Mr. !)rw;u•t, bee -keeper wax: • r 1tt. 1•caliirs it or a ized far more !lean the amount ke::urtt, c(_ttnsrl inr C01011(.1 111111M "W::4, not }ire not. If It Meet, a,.il(; up strr,ng enough and duet the loan iteeif. prnwillaf it it ire- amt. Its tIte train nn whielt lir was rant- to gather t= (*t•e t, • 1 p of ]ront!y they care 11 't rt"1'la, tt- tl+t wee (1+'ee Moire tate sure to deeltiiele. he •warttzi g ilnpnlee r {hr. adastne�e. 3 fide tnnrntilgt, Inc... � , tt°arm, the >er- "In reference to the matter of loads I pan, lt+ (•etttr't, '1116 ('a=e WAS It ft over t'rcel this impu,' to tuft i, great deal tel'ryt. \!'tis fib �- 1r.-1 bU?ter t ••. tel, art+tn .. aw'ta a t. F Ile C'at•nOt con^ to l t' 1 Munro (lien not a}2- iF Is•ft to the; t .et•. I, ] to the bank. the faete are; for few rune. met ht the meantime keeper ntu..t P Per" ! the ta• "That three 7"'""'" afta+r the nwrr Attorney will arrange loth of time wetrhii+_ ti and hit swarms conal loan to Travers. When the bank! ma Imemet, term the mai shall mane np, or else 10 tt one r , .arni9 to take the was a ' artist _ p profit of i4 bee .ness. If he has any rp � ether week t.nc . lv in a ru�part>us eon- . t swimming is more than } M over likely to :Ike tatme tie the most inop dation, its paid-up capital e• half amillion etoilare. : nd iia dM- E ,� , � pot'ti re time, < , wee]: be l busy an postai overone 011111etl dollars, its the bit .4 r. .he field Itat+k of the farm. General 'ti:`t Manager caner to tier for • a or ween he IF „ llgc tray to (•}lu S'ell. call loan of $76,00!1. This was about Now all this I, t e••petN ve and quite the noel of oannarb. I910, Traversuti• Blind hero of South Africa to Wed a Now said that another bona Itarl enticed Wealthy Seattle G:ri. There is noruithg on the farm whittle eway his manager et Ifaileyhttry, and requires so little carr tai ptro]rortion to that the latter had diverted. about tete returns es the loot. This 1`s why $40,000 of deposits, ile further they are ns es often kept s. <^ f t4 taut loss: be that be bad token rate of this. but tlttaw'a. `tib, e •m ntarriag?e nt moth t•te�r the carr they needetis a. l tbe- hat be, entity' a loan front us so that if there was a euddrtt 41011land he would be prepared. pending a realization of the hank's toned`•-ee 'is+ arae»•ed us that the bank teag itt sound troaditiotr, but el:tirned that he was being sub- jected to unfair Competition from other banks. Followieee this appticateon.. on. 1t'ebrnary fi, 1910, we made a toast of 1575:000. at six per emit. per annum. to the bank from our capital 'account, on adequate seeurity. ANOTHER LO.AN ASKED, " J' outing flrrttier developed ante) July, 1910, when Travers came agaan. He said his Lindsay manager had been r• ntis'ed away by another bank. that he had diverted many thousands of dollars of il tineits, and that evi- dently there was a eonspiraeo tagatnet Hint beeanse of the moieties that had attended his efforts in bringing out e, new bank. Be asked for a further load, so 84 to be ready for any fur- ther eventuality, and after doe con- sideration. on the :fifth of July, 11)10, we adranred the bank from our capi- tal account $100,000 more, et seven per cent. per annum, on adequate ee- eurity. We also hada deposit with the Farmers Bank, which. under the terms of the mall loan agreements cov- ering the ]owns above mentioned, was secured by the eoliateral upon which the loans were nada'. This collateral WAS ample to secure both the. loans and the, deposit. "On November 2. 1919. a further ad- vance was made and farther security ob- tairted. "Wo do net make such loans as these from our trust funds 'These are invest- ed under the provisions of the statute. We 1•tsve, 'however, a large capital and surplus, amounting to over a miiuon and a half. Frequently large sums ,arc on 'band in this account, anti therelrom esIl loans are made to brokers, fin:i.netal in- stitutions and others, hot always on ade- (motc security. interest to Canadiaa4 getter qty will take plate in the Methodist (tt t•.:1: at Vt'ad- dingtem, N.Y.. tin Friday, Marelt 3, warn trooper L. W. R. Mulloy. the hitt, hero of the South African eattapaiget, will lead to tltr. .altar Miss Jean Munro, daughter •of a Seethe, \i'atthinrtna ttiiilinnaite and the emeeeeso1• of hoof e nniilon in her own i•igltt- Trooper Molloy will be in fete trove] poen tori of having tu'ver seen lits bride. ata the ronitttlee w1'ich culminated in the present engagement only began mime yews after he re.:eived the i.njuriee whktlh resulted in his com- plete loss of eight-, he having test her in London, England. about six years ago. 'rhe trooper himself gave out the news of his intended nuptials yesterday, snr- prising a party of friends by calmly remarking that when they next Raw him they would ace him "double." Miss ],intro is an ttoiomplishti4l uxtisieiatt and the posseesc,r of a tne,ginifieent soprano voice. She had studied in Italy for five years. and was a companion of Madame Tetl•azzini, the 'toted opera singer. DID NOT T1NOW COND1TI OJ' . "Until the disclosures of the Lindsay trial we were absolutely unaware of the condition of the Farmers Bank as then disclosed. We knew it was a young in- stitution, but we bilieved It was sound, and that is was being well and censer- vatively managed by Mr. Travers. "When the bank suspended we wrote the Curator, saying that we were in no need of the moneys due us, void that We would eo-operate with him in any reasonable way so as to secure the greatest realization for Ithaieholdors of the bank. .lifter giv- ing the matter con,sid.eratiott, he evi- dently thought it better to handle our securities in connection with the other assets of the banlc. .An arrange- ment was made under which we have been paid off in full, and have handed • over our securitiesto the Liquidator•, he reserving the right to look into our legal position. "Between the time of the suspension of the bank sad the .making of the above arrangement we collected. many thou- sands of dollars on our securities, and there is no doubt but that we would have repaid ourselves in full within a short time longer." • WHAT. MR, WILSON SAYS. In an interview, Mr, Matthew Wil- don, K. C.. who Stas been summoned. With Mr. Morden, of the Trust Com- pany for obtaining alt undue or un- 1or preference for the Trust Cem- ppanv over the other creditors of the baht, stated to a reporter that he had •. a KILLED LABORER. Brutal Murder by Italian in Western Ontario. 1C.enora despttteh,A,bruta) murder oc• Burred early this mortal% at Minuita,kt, Ontario, near the viiingc of Eagle River, and 70 rrtilee from. 1(:enoru. The victim Daughters hters of afirem alt it is utterly ttegleted. They require only a, little attention, but what they do re- quire they tout have. It is to csll at- tention to this bit of wort: ,and to help fit it into its proper place among the other farm duties, that there Co -Oper- ative Epreimcnts are ttndel•take.n. The management of an apiary for hon- ey must be a4proached in the same bus- ines-like 'manner as the management of a dairy herd for milk. There is no more "luck" or "shares" in the one than in the other.te;,ntifte principles govern botch Failure in, either is due to sonic definite cause, tvhielt must be discovered and meeter'ecb before success an be at- tained. One first . principle in handling any live stock is to be master of the situ- ation. One cannot get full value from a horse until it is completely under eon- trol. It is the same with bees. To be a successful bee -keeper one must be a bee -master; not in any cruel tense any more than with a horse. To manage a horse one must know a horse from A. to Z. To manage bees one must study their habvits and disposition, and learn as far as possible why and how they do things. This takes time, but it es well spent, For the Experimental Group an even number of colonies is chosen, preferably not less than ten nor more than twenty. The group is divided into two equal uniform lots, styled Lot A and Lot 33. Throughout the whole season Lot B is managed the same as the experimenter would have managed all his bees if he bad not heard of the experiment. Lot A is managed' according to instructions. Reports on the experiment were re- ceived from sixty-two bee -keepers, and a number of others wrote, saying that for one reason and another they were unable to take up the experiment this year, ,but would be in better shape for rho work next year. The ones who . reported are pretty evenly distributed over Ontario and re- present all classes of bee -keepers, from the one -hive roan to the man with '250 hives. It is encouraging to see the interest taken in this work bythe younger bee- keepers, thirty of the sixty-two experi- menters have had bees for not more than ten years. What might be called full reports were received from twenty-five experi- menters. The average number of colon- ies 'which these experimenters used in experimental groups is 11.7. Each group according to instructions was divided in- to two lots ,tot A and lot B, having an average of 5.8 colonies in each lot. Of the colonies in lot A, 18 per cent. east first swarms. Of the colonies in lot B, 38 per cent. east first =swarms. It will be seen from :this,.that while the expert imenters coald not be expected to en- tirely prevent swarming th first year, they have met with a marked degree ofopuecess in controlling the swarming in else, reducitig it from 38 per cent. to 18 per cent. As a result of this control of swarm - in aid the extra attention given to the colonies of lot • A the average return in honey swa83 pounds per colony n against 75,3 pounds per colony of lot B. Of those who carried, the expei invent through, ten experimenters said tlirwt the colonies of lot A` are in better shape for wintering than lot 13. Thirteen said they could see nodifference, and two failed to report on this point. Perhaps the Moat interrelating part of these tesults 'le the report on the bene- fits derived by the experimenters fropi the work. Some of these are the fallow- ing: e nd practical ex- , was a Galician track laborer on the C. P: It. named M. Pritka, and his as aIle ani: was an Italian matted John Borilli, Berilli, for an unknown motive, -struck Pritka a, treache.rons blow with the 'hack of an axe while the tatter's 'track was turned. Other rieeti(itt meth are holding Barilli at bay with Wiwi, and the 'au- thoril.•ies will send constables from lien- ora to effect hia arrest. ...,, Y. ..4 w..Ind, 2.6 +.t,n ma,t'knr, THE OYSTER. English Oyster Superior to American Article, Says an Expert. ' •l\'e>11 over foto year's ago my two little ;bele Wert,taLen 'With a Oread- feJ scalp tr'onbie tttee the• doctors ;•sheet rhttwarra. They attended the ------ I .ospit:al as out-patientstheir for a tear. I had to apply ointlntrolwith a leash, giving the children. frightful pain, 1 also had to have their )teadt shateel every two weete. Get they got, no better under the. treatment. Their used to err with the tormenting itching, attti i.}.'ei:• heads were tee Bred with a Olive ac:urf and dandretf. "About a year ago 1 determined to try the C utlet:ta Jiemedies. 1 ' uteri lama., of Cuticula. Soap and aprt;ieti the C:ntirura. Ointment. 1 iowd only about three cakes of Cutie'ira Soap and three boxes of Outict:r't ointment and they were cured, '1'1*ear hair is growing long 11(1 nice- again_ The, hail berionee so PI after their three yeare of suf- fering, that 3 bad to send one away to a convaieseonty' borne as soon arei she was cured. but now she is hontc. well mei strong. My younger girt was away from eehool nine months t4 Rh the diseaee`. 1. ate very grateful to Gi:tirura tend for their ehildron'e• sake I hope other mothers wit try it. The('nticura Soap will alwaye tote for it makes the hairso lovely." (iigt:(adl Tries. ?t1 OFA J•:M,,torr, 3S, Lena Gar Ger*, Brook Crean, W., London. wricu ra. oap and Ointment FSor) the epee -Meet and most economirel treatment for itching. horniutr. peaty hutnorf of infants, children stud stlults A Coale 471 le *Mu eufaetent. Solei throughout the !world. ,Brand to Potter Drug 41 Chem. Corp.. Boston, for 32 -nage Colima, Book on treat- anew, 01 akin and Icahn aGilction& NEWS Of THE DRY 144 BRIE Landon County Council Will Invest in Canadian Securities. Ottawa Has 600 Gases of Typhoid Fever. Mr. George A. Dante, Sheriff of Leeeda and Urenvithe, died at Broekvilie. Ottawa has 090 eases of typhoid fever. Smallpox has in•gkett out on the Oneida Indian reserve. The British etc:ante Ormiston, bound from Gulfport, 31iss., for Havre, kiss put. into Charleston, S. ti., with fire on board. Rev. John McKinnon, B. D-, of Pinker- teou and Lazil. has ru;cepted a eat to (:hatsw Orth and will leave after Marcel 5. The Winnipeg Board of Trade passed a resolution against the trade agreernc'ht with the Uu]ted $tatee by a 'tote of Me to 13. work." "Moth more intimate knowledge of bees." "More system in work." watching for swarm,:' A frill report of this experiment will appear in the annual report of the Ex- perimental Union for 1919. The plan fee 1911 i.; to send out the sante experiment to those desiring it in the spring, and also experiment No. 2, which will be ft -r the prevention of nat- ural swanning in the production of Comb honey. x'vetioris interested in this work may get feather information by writing to MORLEY PETTIT, Aerie ultural College, Guelph, Ontario. New York, Feb. 27,• A Herald cable from London says: According to the New York correspondent of the Ex- press, Mr, Louis Martin, of the former Cafe de L'Opera, states that the English oyster undoubtedly is superior to the American blue point. "There is no comparison between the Bnglieli oyster and the American blue point," Mr, Martin is reported to have mid. The Americans are tasteless and don't give any"ifalatable pleasure. Any- body who is aft' epicure. would rejects' blue points for Colchesters. .-. $.* - EXPELLED FROM McGILL Montreal despatch ---It was officially announced at oicvhll University to -day that, after a,prolonged investigation, the decision had been reached to .expel A. 13. Matel)onald4 B. A., until rieeenttly aSee- retaxy of the Students' Council, and A. S. Christie, a fourth-year student in the mita fatmtity, and Chat their names TEACH ERS' PAY. Right Rev. Thome, lleslin, fifth Blea- rs() of Natchez, died yesterday. He was born in 1847 in County Longford, Ire- hind, 11:tt:ll15 Congress has, adjourned to re- convene April 1st. A bill was passed reduced heavily the duties on imports of .raw sugars. • The deadlock over the election of e, senator front New York State still 0 f- ists. There was no t;hofce on the 32ud joint ballot to -day. Official annauitrement is made that the British Columbia Marine Co. will build a dry dock to coat $3,000,000 at Lienees' Cone, Esquimauit. About twenty yoa,ths and men, areal ]; to 24 ye -are old, leave Montreal, for lhtlif;to, to join the Ni•obe and take ser - via, in the new Canadian navy. 'J'he eantmer residence of Tracy Ms- Gregor, a wealthy Detroiter, located on the river front, :tibove Varalkervilie, was burned. s'ntailing a lees. of about $3,000. George ) eharre has been in a SKal- eoaseious ,tate at the Western Hospt•• tal, 'l'ot•onto, the result of partial its• phyxiation, in his room at 117 p''.itaw street. A campaign to raise $3,000 for the (•'allingwood 1•. M. C. se,. lilts just linen rioted, And tett' results are particularly gratify lug, inasntuoli as $3,S00 was tise- errred. The London County t''ouneil ]toe decid• - ed that a portion of the official pension land shall be invested in Canadian swum Diem owing to the higher interest ob- tainable. The imperial yacht Hohenzollern sa,it- ed to -day from Venice, from where it will take Emperor 'William and Em's -less. Auguste Vietaria and their grandchil- dren to Corfu, A, despatoh from Train Tao says atilt 1second and third -plass traffic on the German -owned Shan '.rung Railroad, which Wad suspended owing to the plague, has been restored. ',rte Railing of the Royal George trent Avonlunutlt dock with over 700 immi- grants for Canada on board narks the inauguration of the C. N.:3's. immigra- tion campaign for 1911. Practically at; of the new -corners are bona -fide taste laborers. The southbound paeengt+r `rain fco.11 Calgary eoitidect with a way freight at West 'JlaeLeod Junction, Alta. doth engines were scrapped, awl a doeen freight carie were wrecked. Capt. Webb, employed in the Derain - ion Topographical Survey, and who cut something of a swath in Ottawa society emcees, has di&appearod. :Many creditors are seeking hint and his wife. The 100tth birthday of Prince Edward Lodge, No, 1.8..A, F. mai A. M. Picton, Ont.. was erlebtsted hi gala. fashion. A dedieatory eeremony of +Ct. John'; heti, the lodge rooms, also took place, 'rhe Winnipeg Grain Bxehunge has in- cited the Grain -growers' ,association ko assist in forming a committee for a joint conference on t3it' shipment and marketing of the grain of the Qalladittt Northwest, Fire starting in a ebop suet' meteor- ant on South Lexington avenue, White Plains, N.Y., to -day burned through the block to Orawanrpum street and d,,- etroyed a number of valuable business buildings. - The otietal coitus conciuded'in Decem- ber last shows the population of Ger- many to be 04,896,881. The figures itt 1905 were 60,641,278. The popuI'ation ow Prussia., the chief State of the German Empire, is 40,157,573. Mrs. Bessie Sain, 90 years old, of To- peka, Xan•; has registered at the State Capitol as a lobbyist for woman suf- frage. She is too feeble to visit tet' State House in person, but will do the work by telephone and by correaapend- mice with the legislators. The Guelph Oanodian Club hoes elected the following officers for the yeare Praes- ident, J. J. Drew, X, Co Vice-Preatdents. 7)r. A. T, lobby, W. Tytleo•, 11. A.; Re• cording eaexretery, Prof,. Harcourt;'Lit- entry Secretary, Prof. Reynolds; '1Cren- surer, It. ]f. Burrows; Auditors, 3. M. Duff mid Dr. C4 C. (:reelman, Captain Charles Glen Collins, a ratite• ed officer of the Cameron Highlanders, of the British army, and 'former llusbaatd of. Miss Nathalie Schenck; a society Wee Mart of New York and Newport, filed a: voltitli'ary petition of bankruptey in the C7nithd 'States Court at New York yes- , Figures Given in Report of Minister of Education. Toronto de:spat:lr: Aevording to the report of the Minister of Ediwation, is- sued to -day, school teachers throughout the Province are getting higher salaries than they did a year ago. In urban schools the average salary fur male teatimes is $1,009, and iuotease of i$14 over 1909, and for female teachers $532, an increase of $16. 70 rural schools the average salary for finale teachers has in- creased $22, being now $484. Female teachers in these schools are receiving 817 snore, the average being $399. The total amount expended in Public Schools during 1910 was $17,321,230. This was on 5,913 schools, with a total school pop- ulation of 401,268. The expenditure on separate schools was $820,184.80, a num- ber of schools being 467, and the school population 55,034. There are 145 colegi- etes and high •sehools in tete Province, with 820 teachers and 33,101 pupils. The total expenditure on them was $1,021;635. The growth of urban communities in the Prcvince is web illustrated in the sta- tistics of Fr•ontenac of urban and rural schools. During the year covered by the report there was an inerea-Mc of 6,078 pu- pils in urban schools, and a decrease of 2,997 in rural schools. Of the total en- rolled, 47.55 per cent. of pupils are In urban schools, an. increase for the year of 1,02 per rent. Forty ye.srs ago the urban ecitools supplied only about eigh- teen per cent.. of primary school pupils in the Province. The cost per pupil in the puhlie schools increased this year 17.52 to 17.84, as compared with this 32 per tent. increase in public schools, there was an increase in cost per pupil in high schools of $5.57, the cost now being 1114"'J, era t4,nrylt1 lea e.vnunae(1 froPY1 all urnCere ty .iiiQllet!..Rtt COUN FESS IN OTTAWA. Ottawa; Feb. 27.—The Dowager Coun- tess of Arran, accompanied by her daughter,. Lady Winifred Gore, Lady Beatrice Cecil, and Miss Bulteel, who are guests of their Excellencies at the Gov- ernment House, are sailing for New York on the 8th of March. Slipping on a banana peel at the head of the 'stairway ,leadirng to an uptown subway etation at Aow York, an un- identified Man tumbled thirty feet to terda Captain CollinsIves his lfabttt- the bottorn of the . stairs early o -day, y p ' g . .. e- e+; nt. ,1 ,,. biro, n YRd14 A/iS pitch oRRwf.F. Ns atR9s troth'