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HomeMy WebLinkAboutThe Huron Expositor, 1922-09-01, Page 3r 1 1 VI ng the Farmer of.INkaWt1lt"e efp full* ander.#il ? qi"0 tit110011$0111 p pgrewive t#i • 1411'. make** its easy se I'Of loses brew" and cow. d' too ' 118001 h>llf'4 livail- Pit ..o eat mangers • rests and .reenlrem Well served by tdr�ilie In the farmer and,to possl ' e,yyrsyacal assistance In ths'fo plate banking faculties, special)*-lh able' at each one of our branch L. DOMINION Mery file .Ontario Loan System • Heips Farmers.. An Interesting Illustration Given-,-. Helping the Tenant -Some Appli- cants Disappointed - Inspectors Are Carefully Selected. (Contributed by Ontario Department of Agriculture, Toronto,/ To help...younlg men of farming experience, farming inclination and inadequate capital to get properly settled in farming was one of the reasona for the new farm loan legis- lation now being administered by the Agricultural Department Board. Al- ready it ls'poasible to point to cases where monies have been advanced for this purpose. How It Worked In One Case. In one of the beat Weatero Ontario counties two loans were placed winch illustrates the nowt development In Ontario farm life. A father, for many years a progressive and successful farmer, was anxious to get itis two Bona coiufortably located. Both boys were In their twenties and both mar- ried. Both had been brought up on the farts, and of the older it was said he "worked on the farm all his life except while away at the war." With the aid of the father and loans, only about half the value of the pro- perty, bola boys acquired farms. One has a farm of 186 acres, valued un- der $20,000, with excellent buildings and full equipment of stock and im- plements. Adjoining, the other boy has two hundred acres, not valued quite so high because the buildings are not quite so good. lie also has a full equipment of stock and im- plements. The properties are r s- tered in the names of the boys e- spectively, and they are responsible for carrying on operations and mak- ing payments on the mortgage. They are settled down as full-fledged citi- zens, with a splendid opportunity for happiness and success, and enough responsibility to act as a steadying influence. At the same ttnte, the father remains in his home nearby to give the boys the benefit of his ex- perience and maturer wisdom. Helping the Tenant. II. should lie tate ambition of every man who works on the land to own the land he works. That many ten- ants entertain this ambition there is no doubt, and 1t is only a question of accumulatfug sufficient to [trance the 35 per mit. not advanced by the Board. The tenant has the neces- sary stock and implements and is all ready to go ahead. There comes to mind a case iu one of the Central Ontario counties. The tnau was liv- ing on a rented farm of 17,5 acres. He knew the soil, he knew the local conditions, he knew exactly what he could do. The owner of the farm had It mortgaged and the mortgage fell due. He could not pay It. The bolder of the mortgage Insisted and was about to foreclose. The owner. went to the tenant and offered to eel) at a pretty reasonable price. The tenant came to the Board, and the loan he was able to get with his own savings enabled him to buy, and his annual payments on the loan will be less than the annual payments he was making in rent. The Disappointed Ones. Not all the loans asked for are granted. The loans thus far asked for and refused by the Board aggregate $384,000. At one Board meeting nine applications were passed and thir- teen refused. Undoubtedly the great bulk of these were declined be- cause they did not come within the purposes permitted by the Act. In the first place no loan can be made except on the security of first mort- gage. Before the legislation of the recent session, application for loans to discharge mortgages had to be declined. Now a number have to be declined because they exceed 40 per cent. of the value as determined by the inspector. Not infrequently an applicant who comes within the 40 per cent. Limit wants an additional thousand dollars to discharge ':a note at the bank," and thus consolidate his indebtedness. But an "encum- brance" under the Act must be "a registered encumbrance," and the bank note does not qualify, however deserving the applicant or unques- tioned the security. Sometimes an applicant wants a few thousand dol- lars to buy cattle for feeding, but the same negative must be given. Then there are the cases which are rejected because the Board Is not sat- isfied with the personal or material security offered. When such conclu- sions are reached they are reached with much regret, for the Board is genuinely anxious to promote agri- cultural development by means of these loans wherever 1t can possibly be done with due regard to reason- able security to the Province. Inspectors Are Carefully Selected. In view of the importauce of hav- ing this Information complete and accurate, great care has been exercised by the chairman In selecting in- spectors. The plan followed is to utilize local men very largely, not necessarily one in each county, but at least one in a district. of two or three counties. Already a list of fif- teen or twenty nien of integrity, good Judgment and good knowledge of farm values based on long exper- ience has been secured and payment is made on a basis of the number of days actually employed In the work. I Moreover, steps are taken from time 10 time to check up the work of in- spectors by information from other sources, and if an inspector is found be extravagant s v t to in his valuations s or Influenced by considerations other than the strict merits of the case, iia services are no longer utilized. SEAFORTH BRANCH„ • R, M. JONES, Manager. SAFETY DEPOSIT BOXES FOR RENT. A LIVESTOCK AT THE TORONTO MARKET Toronto is the largest liveatock centre of the Dominion. Its import- ance is shown in the following table of livestock sales at the Union Stock- yards for the last ten years: - Calendar Years Cattle Calves 1912 191,657 16,890 1913 340,983 49,378 1914 267,468 42,354 1916 306,873 37,118 1916 269,508 45,804 1917 292,972 46,766 1918 302,856 55,737 1919 371,783 66,280 1920 295,587 76,962 1921 323,911 68,638 (Figures from the Annual Reports ture, Markets Branch). Hogs Sheep and Lambs 248,982 840,782 465,616 458,670 627,489 445,312 363,524 393,983 310,518 300,766 Dominion 132,919 180,216 162,424 189,673 157,818 . 166,658 169,420 . 293,927 272,776 274,989 Department of Agricul- SUMMER COMPLAINTS KILL LITTLE ONES At the first sign of illness during the hot weather give the little ones Baby's Own Tablets or in a few hours he may be beyond aid. These Tablets will prevent summer com- plaints if given occasionally to the well child and will promptly relieve these troubles if they come on sud- denly. Baby's Own Tablets should always be kept in every home where there are young children. There is no other medicine as good and the mother has the guarantee of a gov- ernment analyst that they are abso- lutely safe. The Tablets are sold by medicine dealers or by mail at 25 cents a box from The Dr. Williams' Medicine Co., Brockville, Ont. FALL CARE OF SHEET' "Next year's profit from the flock depends largely on the care during the autumn. The lambs must be kept growing, and the breeding stock must be thrifty. Ewes in poor condition in that breeding season will usually bring single lambs and have a small flow. On the other hand, fat ewes are usually difficult to get in lamb and often give trouble in lambing. To give efficient service, the ram should be in a good thrifty condition. The flock should be carefully culled in the fall. Old ewes, ewes with de- fective teeth or damaged udders, and *ll ewes which have shown them- selves indifferent breeders or poor mothers should be discarded. To re- place those discarded, the best ewe lambs should be kept, and because of the tendency for like to produce like, preference should be given to twin lambs and to lambs from ewes which have proved themselves good 'breeders and mothers. The ram us- ed with the flock should be the best obtainable, and both ram and ewes should be fed liberally so that they will be in thrifty condition at the time of breeding. The lambs should be weaned early in August. This gives the ewe a chance to rest before the breeding season. 'After the lambs have been weaned the ewes should be put on poor pasture for a few days to dry up the milk flow. After that they should be put on a pasture that will keep them rather under good store condition. Three weeks before breed- ing the ewes should be flushed. If the ewes are treated in this way they will breed regularly, and have a larger percentage of twins and a shorter lambing period next spring. The lambs when weaned should be put on a good pasture, preferably clover. This should be supplemented by some green feed such as rape, and a grain ration of a quarter of a pound of grain per day. It is good practice to feed the young lambs lib- erally as they make their most econ- omical gains when young, and a lamb that has been checked never does as well as one which has been kept growing. Success with sheep means careful weeding, breeding and feeding, and at no time is this more important than in the fall." POOR BOYS WHO BECAME GREAT For years the New York Sun has had the reputation of bieng one of the brighest newspapers published in the United States. That reputa- tion was first given to the Sun by its great editor, Charles A. Dana. The man who thus made a great and powerful newspaper apparent- ly had little opportunity "at the be- ginning of his career. If anyone had gone into a store. in Buffalo, -the kind of store where anything you can tiny y g from a tooth- pick to a kitchen stove, -about 1831, he would have been waited on by a little twelve -year-old boy call- ed Charley. That boy was Charles A. Dana, the editor -to -be. He work- ed in the store day after day and studied in the evening. Ten years later found him in Harvard plan- ning to become a preacher. Then misfortune came along and his eyes troubled him so much that he had to give up all study. For five years he lived in that would -he -ideal com- ma ty known as Brook Farm, whe he did such humble work as waiting on the table. The com- munity got out a paper, much like the present school papers, and young Dana was a controlling spirit in the little publication. When he was 28 he found employment on the New York Tribune and wrote so well that in a year or two he became one o1 the principal editors, and one of the forces that led the paper to make a stand in fovor of anti- slavery. In the Civil War Charles A. Dana did loyal service as an in- vestigator and aided Lincoln in gaining a correct understanding of conditions, thus leading to the ap- pointment of Grant as Commander- in-chief. In 1868, Dana became editor of The New York Sun, and made it "shine for all." He believed in writing strongly, briefly, and in tell- ing the truth with a punch. He made The Sun a great force in clean, strong, journalism. Most of all, he made it original in flavor, with a tart interest of its own that dis- tinguished it from all other papers. Through his wide knowledge of men and affairs, and his paried experi- ences with dealing with great matters both as special investigator and as Second Assistant Secretary of War, as well as through his word as an editor of various papers, Dana had the ability to write editorials that were unique in their power. With all his work that made a great name for his paper he had time to delight in poetry and art, to edit books, and even to prepare an encyclopedia, The studious little clerk with poor eye- sight had suceeded in spite of every handicap. WORRIED WOMEN NEED RICH BLOOD If the Blood is Not Kept Pure Health Will Break Down. It is useless to tell a hard working woman to take life easily and not to worry. To do so is to ask the almost impossible. But, at the same time, it is the duty of every woman to save her strength to meet any unusual de- mands. It is a duty she owes her- self and family, for her future health may depend upon it. To guard against a complete break- down in health the blood must be kept rich, red and pure. No other medicine does this so well as Dr. Williams' Pink Pills. This medicine strengthens the nerves, restores the appetite and keeps every organ healthily toned up. Women cannot always rest when they should, but they can keep their strength by the occasional use of Dr. Williams' Pink Pills. Among those who have found benefit from this medicine is Mrs. Cora Conrad, Broad Cove, N. S., who says: "My system was very much run down, and my blood poor and watery. I suffered a great deal from headaches and dizziness; my appe- tite wasoor, and I tired easily. I P Y decided to try Dr. Williams' Pink Pills and have every reason to be glad that I did so. Soon I felt bet-• ter. and under the continued use of the pills the headaches and dizziness were gone, and my blood seemed in a Netter condition than before. For this reason i recommend Dr. Williams' Fink Pills." You can get Dr. Williams' Pink Pills through any dealer in medicine or by mail at 50 cents a box or '•ix boxes for $2.50 from The Dr. Wil- liams' Medicine Co., Brockville, Ont. .CURRENT WIT ANi) WISDOM The rising generation isn't always the first up in the morning. -Kingston Standard. When trouble goes to sleep don't set the alarm clock. -Calgary Herald. "What is the happiest day in one's life?" "To -morrow." -Boston Tran- script. When a fellow's tongue is making 1,200 revolutions a minute, you may be sure his brain is in neutral. -Ste- phen Leacock., War wages were bound to result in wage wars. -New York Tribune. How long before the pioneer will be telling the gazing rustic ranged a- round that he can remember when horses used to get seared of autos? - Kincardine Review. The George It. White medal of honor of the Massachusetts Horticul- tural Society " 1921 was awarded to Mrs. Frauds King In recognition of her cervices to horticulture by in- creasing the love of plants and gar- dens among the women of the Unit- ed States. This Is the first time the medal has been awarded to a woman. In Austria women are eligible for the national assembly and municipal council. epeaals tnovae. and improve be -Binit ,8f, .*Innd prrpRrl' 1n' 'hr ►t eC4Xe oet intereat,,�g,9sb- spea ng peep iii; and ParticuisrbtAlie people of the try of London,- ouiy slightly less thin would a proposal to renovate and *Prove Westminster Abbey. But plans for rebuilding have been accepted by the governor and board of directors of the bank, and the work will shortly be got under way, The reason for the improvements is that the business of the bank has outgrown the premises. More room must be had, and as the building alread extend over three and a half acres, occupy- ing some of the moat valuable land in London, and adjoining other land that is hardly purchaseable at any price, it has been decided to have six stories added to the inner struc- ture. The elevation will not spring from the windowless outside walls, but from the interior quadrilateral surrounding the nucleus of the edifice designed by Sampson and Sir Robert Taylor. The bank, architecturally, is a gem, and, naturally, the governors will spare no pains and expense to insure that none of its original beauty is lost in the course of the improvements. Sir John Soane, chief architect of the bank, worked in an age when steel girders were unknown, and among the many plans of the bank which he left, not one seemed to contemplate any increase in height, so the best that modern architects will be able to achieve will be to imagine what use Soane would have made of the materials now at their disposal and follow that line. It is known that hie model was the Temple of the Sibyl at Tivoli, of which the south-west angle is a fascimile, while the entrance to the bullion yard is a copy of Constan- tine's Arch at Rome. The alle- gorical figures are the later work of '1'. Banks, R.A., and represent the Thames and the Ganges. But, beautiful as the bank is from an architectural standpoint, it was built primarily as a •'trong room, a sort of fortress that would resist the efforts of melt. or foreign enemies to seize it. treasures. For a long time the governors of the bank were never wholly free from the fear that there would be a rising which would sweep aside the police and capture the hank prem- ises. This fear is no longer held. Banks are not now looted whole- sale as the result of outside assault. They are more apt to he stripped from within. Nevertheless, the leeeautions of the Bank of England have not been wholly relaxed. A military force is stationed every nigh!. within the bank, and the officer in charge is provided with a dinner for himself and two invited friends. The chief account- ant and the chief ca-.hier have official residence there, while a corps of clerks sit up nightly and patrol the building. In addition, both night and day some of the mo.t efficient men from Scotland Yard patrol outside while upon concerted signals, a pow- erful force of policemen can be con- centrated in the approaches to the building. In fact, it would be no przt w fngnse troth l e the time of they Gesdpn:ta MO trade a despeta -attempt ftp', enter the bank, after vittg attsQlied: and burned Newgate. Several .ayes were lost in the course of the fight; but the rioters were driven otic After. that adventure, St. Christopher -le. Stocks, an edj9aining : eburch, was pulled down ; a&.,.affording- , an at- taelting party . a .cogvenient point from ' which to eperote,. .and the bank took over the site. The Bank of England was pro- jected in 1891 by a man named William Patterson, who appears to have followed moat , oceupations, from that of pirate to that of mis- sionary, and three years later was incorporated by William and Mary. The street on which it was erected was then called Three Needle Styes,, because of the three needles in the arms'- of • the Needlemakers' Corn- pany, which was near by. Pat- terson had learned a good deal about banking in Venice, Lombardy and Genoa, where were to be found the shrewdest bankers in the world, and whether his reputation was concealed or whether it seemed of no particular importance in the establishment of a bank in those days, he was able to get a party of subscribers to lend .£1,200,000 at eight per cent., and incorporated them as the governors and company of the Bank of England. In its early days the bank met much rough weather. Her coinage was debased as a result of ' political machinations and the wars with France. Forgers, coiners and fly- by-night banks all stole its money or injured its prestige. In 1697 it was obliged to suspend payment until royalty came to the rescue, and again in the year of the Young Pre- tender barely escaped another sus- pension. In 1807 the goldsmiths, fearing an invasion by Napoleon, bought up its bills and shook its credit. But the greatest enemy of the bank in the eighteenth century was the forger. One, named Old Patch, manufactured his own ink and paper and secured a quarter of a million sterling before he was caught and hanged. For many years be- tween thirty and forty men were hanged annually for crimes com- mitted against the Bank of Eng- land notes, and some seventy clerks were employed to detect forgeries. Then a chier decamped with a million dollars. The frauds of Fauntleroy brought to an end the golden age of forgery and, after the abolition of the death penalty for this Crime, the bank found it much easier to protect Stacie, per- haps because juries were more ready to convict a forger when they knew they were not sentencing him to the scaffold. The bullion and gold now in the possession of the bank amounts to about three quarters of a billion dollars, while the bank notes in circulation are approxi- mately one hundred and twenty- five million dollars. The building contains also some priceless art treasures and machinery, the like of which is not to he found in any other bank in the world. 04 INDEPENDENCE' THE DOMINION GOVERNMENT ANNUITIES SYSTEM affords an unequalled opportunity for the investment of small or large amounts for the purchase of an annuity of from $50 to 55,000 a year for life, to begin immediately or at any future age desired, and to be paid in monthly or quarterly instal- ments. Annuities may be purchased on a single life, or on the liven of two persons jointly. After contract issues, no restriction as to residence. Employers may purchase for their employees -School Boards for their teachers -Congregations for their Ministers. Cannot be seized or levied upon. No medical examination required. Free from Dominion Income Tax. SECURITY -THE DOMINION OF CANADA Descriptive booklet may be obtained by applying to the Postmaster or by writing, postage free, to S. T. Bastede, Superintendent Dominion Government Annuities, Ottawa. When writing, kindly state sex, and age or ages last birthday. i_1:12.13" 'rt�m�cr,,sr To Holders of Five Year 52 per cent Canada's Victory Bonds Issued in 1917 and Maturing 1st December, 1922. CONVERSION PROPOSALS THR MINISTER OF FINANCE offers to holders of these bonds who desire to continue their investment in Dominion of Canada securities the privilege of exchanging the maturing bonds for new honda bearing 5,1 per cent interest, payable half yearly, of either of the following classes: - (a) Five year bonds, dated 1st November, 1922, to mature 1st November, 1927. (b) Ten year bonds, dated let November, 1922, to mature'lst November, 1932. While the maturing bonds will carry interest to 1st December, 1922, the new bonds will commence to earn interest from 1st November, 1922, GIVING A BONUS OF A FULL MONTH'S INTEREST TO THOSE AVAILING THEMSELVES OF THE CONVERSION PRIVILEGE. This offer is made to holders of the maturing bonds and is not open to other investors. The bonds to be issued under this proposal will be substantially of the same character as those which are maturing, except that the exemption from taxation does not apply to the new issue. Dated at Ottawa, 8th August, 1922. Holders of the maturing bonds who wish to avail themselves of this conversion privilege should take their bonds AS EARLY AS POSSIBLE, BUT NOT LATER THAN SEPTEMBER 30th, to a Branch of any Chartered Bank in Canada and receivein exchange an official receipt for the bonds surrendered, containing an undertaking to deliver the corresponding bonds of the new issue. Holders of maturing fully registered bonds, interest payable by cheque from Ottawa, will receive their December 1 interest cheque as usual. Holders of coupon bonds will detach and retain the last unmatured coupon before surrendering the bond itself for conversion purposes. The surrendered bonds will be forwarded by banks to the Minister of Finance at Ottawa, where they will be exchanged for bonds of the new issue,in fully registered, or coupon registered or coupon bearer form carrying interest payable 1st May and 1st November of each year of the duration of the loan, the first interest n payment accruing and payable 1st May, 1923. Bonds of the new issue will be sent to the banks for delivery immediately after the receipt of the surrendered bonds. The bonds of the maturing issue which are not converted under this proposal will be paid off in cash on the 1st December, 1922. W. S." FIELDING, Minister of Finance. fJi_. 711.ETZLIZLI Z L Z f" .LJ `Ld gL►..J W' sLIT.1Tt:.i J'-t_.t -a sl '_L1" 4 4 „L,JA