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HomeMy WebLinkAboutZurich Herald, 1923-06-07, Page 3• )41 dian Federal Government Bonds Of recent years UnitedStates. in-. vesimoxit ie Canada has made great etrides in o'7eetakieg Britten, and a favorite form of snob. investment has been in the purchase of bonds, As re- Gently noted,the year 1922 set up a new 'record for American bond invest- ment nvest- e t m n inCda elle � Canada, tot , $ e al of Canadian bona bal oS in the Melted t ed States. being over $201,000,000. This centering of interest upon the securities of the Fed, eral Government, proVinoes, amnia - panties and corporations on the part el invesncrs all over the United States. • ,has been one of the most notable die velopinents of recent years in Cana- dian finaed& circles, and the greater absorption exhibited each year by the. Republic ie bhe clearest proof of the in- creasing . favor : of Canadian.; securities for investment: Canadian Federal Government bonds have conte to be regarded in the United States and elsewhere as the soundest and mast reliable, as well as a reason- ably profitable form of investment, This is based on, a clear conception of Canadian' status. 'Back of them is Canadian tradition of thonest and square busdness dealing, the vast mag - entitle of untouched natural resources, and that persistent faith in their ulti- mate . prosperous development. All these things rake Ferleeal Govern- ment bond issues one of the sanest and nroet -reliable forms of investment. Of provincial-7sendo it Was recently pointed, out by . the United States In- -rester that no province of 'Canada has ever yet defaulted on either the in - tenet or the principal of its oblige tions, a record . many degrees superior to that of the various states of the Untou. Despite the sheriouseconomic upheaval of ;the war years • slid the Pest -war adjustment: period, the pros f vinoee have managed' to maintain their record,to keep true to debt obligations%, and United States authorities cone mead provi i aI bouds for the in e,s - me nt aunt aft their lu r en. ' 4 Ym Thee o" h i e x m r db ehdun� m lci aal bonds p 8 good. d. 7.here is no longlistof g' re- pudiated debts such as one flints on' tete score of some Western and South- ern states. es The samo auth rd t die - cussing d s- eu sin this Phaseofbondispue finds a good deal of reason for commending thie record which m'un1e1pelitiee of Canada have made when; consideration le given to the strain and stress through which the Dominion had to pass, as a ,partner In. the war. It is pouted out that only a few small com- munities of Western Canada had dif- Acuities, in meeting their bond obliga tions and than only when crop trou- bles have occurred. In these instances there has - been a determination ex- didbited on the part of. Canadian bond houses to see that matters are real - fled, andethese minor defaults were ad lusted. ' Many investors purchase such bonds on. the advice of 'their bankers or brokers, Others requiring personal satisfaction and :aseuranee have "made. it a point to visit Canada and investi- gate conditions for. themselves. It is significant that many of these Matter, are "so impressed with allthd.t they see and derive such' assurance• from, their investigations that they thereafter.in- slat on Canadian bonds and extend or limit tbeir investing field to the Do- minion. Forest Protection. The forests comprise one of Cana- da's :greatest resource's. They are ex- posed to .several dangers, the ohdef' of which is fire, Nearly all forest fires are caused by human agency, there- fore they can be stopped by careful- ness. Those whose business takes. them into ..the: forest need to remind themselves thattheir livelihood, in no small degree,• depends upon their, "pare -with fire. Those who go into the weeds for recreation and sport should con- sider themselves honorary fire -ward-. ens, and 'even those who never enter the 'forest can do much by helping to strengthen the force of public opinion which is probably the most powerful single factor in preventing forest fires. And Therefore -- Two young surveyors working in a Louisiana' swamp spied what they at first thought was: a hoop snake; but at second -'glance, saw . that two snakes, • :each with the •other's tail in its. mouth, `irere'strenuously trying to -swallow each other. On reaching camp that night they told beytold their snake story to the 4Cook, a gray-haired veteran of the. swamps- "That was a mighty curious sight, boys," said the old man, "a mighty carious sight. I reckon you wouldn't have believed it if you hadn't seen it, would you?" "Probably not," agreed the boys. "Weil," said the old man, "I• didn't see it-" .. British Government Buys Stock. One way in which the British gov ernment promotes • private business is by buying stock in it. The -govern- ment, government, proceeding openly with Re -trad- ing, asks 'Parliament for authority to make whatever purchases r it thanks the public interests call for. Some of the investments have not been•. iroftable, but such large earnings, as have come from the Suez <Canal and the Anglo Persian Oil Company more than cover ail the losses in other ventures.. Lease T � Some Job. Teacher -"Now, Charles, you may go through the Old Testament and find the story of the man who showed such wonderful patience:" Charles --"That's some Job!" The Fan. The poppy spread her scarlet skirt, The iris dropped her veil, The lilac donnedher purple plumes And shimmied with the gale; The pink regalia rose displayed Her sprays of fragrant bloom, The little ' mignonette uncorked Her vial of: perfume: The valley lily strung her pearls, The bluebell filled her cup Of sapphire with the morning dew For thirsty bees to sup. "Hot weather's coming," said the fern, "And though I'm in the shade I'll need a breeze," and she unfurled Her fan of earven jade, ' —Minna Irving. Sprat and Wife. Jack Sprat . could eat no fat, - Hie wife could eat no lean; But both could take a cheering drop— And drain. the glasses clean. Big Game Increase in Jasper Park. Indications• of a continued rapid in- crease in the number of big ;game ani - Male 'as a result of sanctuary condi- tone in Jasper National Parte are con- •tained in reeent reports from the superintendent. Guides grazing their pack -horses in the Buffalo Prairie re- gion of,the park are finding difficulty in•securing sufficient feed -for their eel - `male. owing to the exceptionally large. numbers of elk, dear and caribou, graz- ing in that section. As man as one hundred elk have been seen feeding there at one time, while sheep and goats are also reported nuiuerdus. How Do You Feel? "Bully," said the steak, "Punk," said the lrecracker: "Rotten" said the apple. "Fit;" said the tailor. "Cork- in" said the bottle. "Fine," said the judge. "First nate;' said the postman ter. "Grate," said the coal, „Grandy" said the piano. "Ripping," said the tr aisere. "AU dont up," said the shirt. He knows 'Much who knows when to hold his tongue. - Forest Fires and Unemployment That unemployed workmen are walk - Mg the streets of Ottawa and Hull to, day because forest fires set by thought- less' citizens have made the water powers of ,tbe Ohatidiere nlills,no long- er reliable, le the statement of Mr. Robson Black, manager of the Cana - Alan Forestry Association, in an inter - *view, "A peat part ot the forest destruc- tion en the . nttnrercale Watiersheds 'drained by the Ottawa has• been un- nedeseary. The acre has not taken one tree to ten Milled by fire, In very few eases od- careful logging does the operation seriously affect the storage capacity of the region) but when fire conies and the eon is swept bare, the *run off' aftiountete a torredit in spring•' tante and but little. water is available at, the seasonee When the ,turbines most require i•t- "Because tiiniber regions were bare - ed down by aanalsers, sottleye, Oros- " pectora and others in. the upper waters of die- Ottawa, some of the eielef local industr•des. have been forced to buy part ot theft pulp freak .Eastern Quebec at: doubleethe prioe at which they could' •enanui'acture the same ar- .ticle, and Ottawa employees are there- fore out of a job. "A • pulp: and paper .mill is just the agentof the forest. To kill a forest by careless acts with fire is a body blow at the security of water powers and the raw 'material on which the mill e date and • pays wages. Every forest 'fire must be Paid for aiLd we see who actually .docs pay the price,when work• Men are turned Loose. - Prospectors seatching "for • non-exieting ininerals destroyed twenty years' supply of puler wood for one Ottawa company: Such acts of legalized vandalism will do more to send &killod •Worltuien to the United States• th to can be countertten ed.by' any quantity of intfiigraticui arta psganda. -AND THE 'WOKS'; Ifililliiiii.1111111.10.1.1 /ION VET TO. COME !I BUILDING AIRPLANES IN THE DOMINION DEPARTMENT 0 F DE= FENCE ORDERS EIGHT. Use of Aircraft in Canada Ex- tending Rapidly as Value is Proved in Many Directions. The development of commercial aviation in Canada, the general use made of the plane by various govern - meat .bod es as well as large' private. corporations, and the faot that the machine of -the air is. peculiarly adapt- I ed to Canadian conditions of wide spaces, great distances and unpeopled wastes, made •it inevitable that sooner or later the Dominion' enter -itself into - 'he constructfoif of its own air ma- chinest Hitlieirto the aeroplanes, used throughout- Canada have roughly orig- inated risinated almost equally in the United States and the British Isles,' but now Canada is to have her own plane, con structed. on Canadian soil, utilizing Canadian labor and built for'- the great- er part from 'Canadian materials. Rece8 ,iy the Canadian Government Department of National Defence placed an order with Canadian Vickers at Montreal for eight `Viking" Amph4- bias planes, two of which were to be built in England and six in Canada. This signalized the commencement of commercial aeroplane construction in Canada, a relatively small„beginning, which is, however, bound to develop with the diffused knowledge that Cana- dians can procure their own domesti- cally constructed machines, obviating the different tariffs, and one from whdch great developments are antici- pated and are indeed assured. Even such a beginning entails the extension of plant operations to the engagement of an additional two hundred persons or so, approximately one-third of whom are skilled workers. An All -Canadian Plane Soon, A' virtual specialization is being made in the construction of what is known es the "Viking" Amphibian Plane as being most excellently adapt- ed. to all the various ,uses to which a plane is put in .Canada: Its features enable It to ruse from or alight on land and water equally well, whilst a fur- ther development comprises• the at- tachment of skis, which permit of the uninterrupted use . of,. the machine through the'winter months. In its all- round purposes it is. most admira'bl'y suited to Canada's varied topographi•. cal and climatic conditions,' to stretch- es='of prairie, lake and woodland, and winter snows, At the present time only the woods used in the construction are Canadian products or the products of Canadian labor, and it is found necessary to im- port the metal used In building and the engines installed, Gradually, -however, It is anticipated that the necessity -of importing metal parts will be elimin-• ated, and that within a short time•thre coinplete construction, with the excep- tion of the engine; will be accomplish- ed in ccomplished-in Canada with Canadian products•: The use of a Canadian -built engine is a pian of the more distant future, and the ultimate construction of a machine essentially Canadian in every respect is -in prospect. Logical Country. for Aeroplanes. It is pointed oat by experts : that Canada is `a logical ,location- for the establishment of a, substantial and prosperous aeroplanes manufacturing melee possiely 'r. only country where suctimeh an induetry :might thrive waith ut a envernment subsidy. Gen- eral an conditions: justify and demand a greater utilization of air- craft than perhaps any other country. he even the developed vett-ions of the country wee can see the justification Of their services for .years to come, whilst a large portion -of the northern territory wild be for all time the aero- plane's .territory. The use of aircraft in Canada is ex- tending xtendingrapidly. Governments diave proved their value in forest patrol, in fire fighting, in geological surveyseand a hundred other uses. Pulp and paper companies are every day discovering new values in their services. The country possesses an army of trained expertsto take charge of additions to. her fleets,' and' now the one quality which, was missing, a Canadian -built aeroplane, is, to be supplied, The Dog. The Almighty, who gave the dog to be the companion of our pleasures and our toils; hath invested him""with a na- lture noble and • incapable of deceit. He forgets neither friend nor foe, remem- bers with, a•ccuraoy both benefit and in- jury. He hath a share of man's Intel- lfgence, but no share of man's, false- hood. You may bribe an a.ssasein to slay a man, or a witness, to take away his life by a false accusation, but you menet make a dog tear his benefactor: —Sir Walter Scott. Avoid the pleasure that olds the penalty of fu ure pain. BETSY AND "I ARE GOING TO KI 1. ANOTHERi BEAFR. -=From the Det1 of Canada at the E mire Exhibition The 0140 for'Canada's participation In the l.3ritie'h Empire Exhibitioia, to be held in London, England, from April 20 to October 31, 1924, are praoticadly completed, The Dominion Govern- menti will erect its own b u11th ug-ean m i in OS p s rut , g t t re cu Neo- l�7 C rec a - ,• xc hi tecture--on a commanding .site In Wembly Park, where the Exhibition Is to he held. Work on the erection of the building it n $. to mme wee this sum- mer, a. nda ilth e details • is connecte d with this great enterprise will•be completed wizen the Exliibition is opened to the publfe on April 20, 1924. The ,building will be 415 feet long and 300,. feet wide, with a floor space of 124,500 square feet, and in it,. through the medium' of attractive dis- plays and exhibits; visitors will have an opportunity to learn in an engaging and impressive way semething ofthe great natural resources of Canada, the produces: of the soil, ,. and the wide rangee of manufactured articles made within the Dominion. The resources and products of each of the nine pro- vinces and the two territories will be displayed. The Canadian exhibit Is to be financed, controlled and directed by the Dominion Government: The este, mated wet i,s $1,009,000 - On the same site as the Canadian Government building will be built tw'a additional buildings, to be built by the Canadian National hallways and the Canadian Paod fi c Railway, each ch #th a tioar apace G@ oSapproximately 10,900 feet, these Inflees e b #1ciin u Canada's, da s two g great transportation organisations w'iil show the attractions; and resources of the country served by -"their railway Iines, Plans for all three buildizzgs have been approved' by both the Do- minion Government and the ofncial architects for the Exbibltion. When completed these structures will be so prominently located as to be readily seen from any part of the spacious• grounds set apart for the Exhibition. Wembly Park has been chosen: ase the site of .the Exhibition on account of its remarkable accesaibi#ity from all: parts ,of London. It is fifteen _minutes' ride ' by the "tube" from 'Trafalgar Square, the most central point in the Metropolis of the Empire: Every part of the British Empire will be ,represented at this great ex- hibition, which, It is expected, will be attended, by millions of visitors from. all parts of the world. Parents should do some pre- T CANADA'S MICA MOST Iiminary work before engaging a music •teacher for the eZid, The USEFUL OF MINERALS' first: step of preparation. should � �J be in babyhood when the mother sings her >child to sleep. This, first pouring melody into the ear of the child creates an early love far music. hater on theparent sneuld play little tuneful com- positions far the child, also pieces in marcher dance forin to impress' time and rhythm. All children enjoy this. very much. Fixing the Limit, The Chorus Lady—"Do your favor long engagements?" The Screen Star—"It depends on circumstances, An engagement should ONTARIO, r QUEBEC AND BRITISH COLUMBIA YIELD. Heat -resisting Qualities Ren- der it Effective Insulator and Lubricant. Mica is one of the most useful of minerals,: the production and distribu- tion of which is little known, says the Natural Resources Intelligence Ser• vice of the Department of the Interior, Canada. Of the many varieties, only three are of commercial importance, and of these but two are available in any quantity-fi muscovite, or white mica, and the phlogopite, an amber mica. The latter is the most import- ant of the Canadian micas. ' India is the largest producer ot. mica, providing over fifty per cent, of the world's! supply. Canada produces about 25 per cent, and the ',United States and other countries the remain- der.. In Canada, plica occurs pretty gen- erally. ;The most productive areas are situated along the. lower St. Lawrence below Quebec, north of the Ottawa last as long as the man's money holds near Mattawa, and in the townships of out." Burgess in Leeds county, Lanark In - Lanark 'county, and Loughborough in Sleeping Flowers Give Clue Frontenac county, also in a few areas in British, Columbia. The production to New Anesthetic. of 1922 amounted to 3,543 tons and Florists' complaints' that carnations was valued at $128,230. curled up their petals and "went toDifficulties of Mining. sleep" when placed in some green- 1Vii,ca mining 1s attended with many houses, led to the discovery of a new difficulties+. For successful exploita- anesthetic. Investigating the drowsi tion It is essential that the miners be ness et the flowers, it was dds'oovered experienced in the mining of the ma - that it was caused by leaky fixtures terial; and be familiar with the special permitting illuminating gas, which con- conditions and problems it presents. tains 4 per cent. on ethylene, to escape. Many good -mica deposits; have been It was only recently, however, that Dr. abandoned on account of the lack of A. B. Luckhardt and J. B. Carter tested experience of the operators. the effects of this gas as an'anesthetic The general run of nine mica is of the 'he Univers.;of t Chicago, y finding J a small size: A very small percentage that it renders human beings and ani produces sheets of 4 by 6 inch surface, mals unconscious pleasantly and i while fully fifty per cent, win cut to 1 by 3 inch sheets only. Fortunately, a process of cementing the small sheets enables the building up of larger surfaces. This product le known as "macanite" or mica board" and is causes no bad after effects of any kind so far as can be determined. Here's An Office Soy With Bright Future. Harry Brulaw, a. 14 -year-old Liver- mostly used in the electrical industry pool of lee boy, has a bright future for insulation. Mica is largely used in, ahead of him, says a London despatch, the manufacture of boiler and steam Ile has, been overwhelmed with offers covering, its insulating properties! of employment following- his employ- exceeding by far that of any other er's report of pini at an insurance can- known ,,substance, Comparative tests ention. have demonstrated that the lose of A solemn looking man entered the. beat from bare pipes has been reduced Liverpool office, the employer stated, by 90 per cent when the pipes were The boy asked hint what he 'could do enclosed in plea covering, for him in the nature of Insurance— mica to #ts resistance to shocit fire, life, accident or automobile, is used for spectacle* or goggles "Can you insure the immortal soul?" worn by workmen In industries where the visitor asked gloomily, flying chips• or sparks endanger the am not sure," the boy replied, eyes, and in observing processes of "dust a moment and I'll melt the man- melting and fusing in Furnaces, The ager of the fire department" He Had Held His Own, small pieces of mica, formerly wasted, are now used for vtariotil pnrno5osa When ground fine in oil, mica forma a valuable lubricant, especially for shaft Two nnd,dle-aged gentlemen paused ing ar journal boxes on locomotives or on the bank of the pond to watch: the railway cars. Grtund mica, when crowd of merry skaters circle round, nixed with a .flux, is also, used in .giv "I'd like to join them mighty well," Ing to wallpaper and other substances said Mr. Rich to his companion, "I a silvery effect. haven't had a skate on my foot' for So many uses .are being found for more than twenty years, thougth5 and mica that what wae formerly an indua I expect I'd look. pretty silly." try with a very la.ige proportion et "'Well, Idon't know," replied Mr- waste, is now ane in which the mat Little. "1 haven't worn skates for teriai is almost oompietely utilized.: longer than that, but I belleve I could skate to ch y just as well as I could when I was twenty years old." "Oh, coanw now," replied his friend,. "You're pan active enough man, bat it's abssird to say that you could go out there and skate as well as you could 'When you were a boys" "I 'think I could,," peraisted Mr: Lit - tee fetidly. "I couldn't skate at all then, sled I guess I could .de quite a,s well now." Only too often 'ive hunt the world tor happiness when its well -springs are within ourselves. When ,,the ai,s s rnoist enough a temperiiure' at Fib degrees is eon,. Newu ,6 siderod ideal torr the htinian body. He ---"Do you object to kissieg" She ---"Yee, but 1 don't. object to 4e4, leis ir4pwda"