HomeMy WebLinkAboutThe Huron Expositor, 1937-03-05, Page 2, .,tee• "
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t rates,. $1.40 a year in
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Rig rates n application.
nrof-the Canadian Weekly 3
pus Association, CIass "A"
ieS of Canada, and The Huron
Press Association.
A.FOIZTH, Friday; March 5, 1937. •
The New Trade Agreements
The new trade agreements with
•the Mother COinitry, which were an-
• "'Minced it Ottawa last week, seem
to have been received with very gen-
eral approval.
'Canada is to retain all ,the free '
' marketnadvantages she has held with
Great Britain since the' Ottawa -
•. agreement of 1932, which is a very
fortunate thing for Canada, and par-
ticularly so for the Canadian farmer.
On the other hand, the new trade
agreements provide for a freer en-
• try into Canada of textile and wool-
len goods, which will be received .1
with favor by the Canadian consum-
er.
The latter agreethents, of course,
will not be so generally approved by
t h e Canadian manufacturers of
these lines, Wit judging by the evi-
dence prodticed At the recent investi-
gation of the Canadian textile and
some other industries, the manufac-
• turers can very. well 4fford to stand
a very substantial loWering of the
• tariff rates without at all endanger-
ing the industries theinselves. -
• As long as the new agreements
' favor the Canadian farmer and the
Canadian consumer, they will bene-
fit three-quarters or more of our
populatibn, and the three parts that
have enjoyed, by far, the fewest fav-
• ors in the past number of years.
•
Mr. Dunning's Budget
4. While the Budget brought down in
, the House of Commons last week by
Hon. C. A. Dunning, Minister of
Finance, show a deficit on the year's
business of $87,395,000, Canada's fu-
• ture outlook is not at all as dark as
those figures would seem, to repres-
ent it.
4• For one thing, the deficit, immense
t4 as it is, is twelve and a half million
1• dollars less than Mr. Dunning esti-.
------mated-it-would be at the -beginning
- of the last fiscal year. And What is
•still more encouraging, it is seven-
ty-two and a half million dollars less
than, the deficit' of a year ago.
In other words, Canada's income• increased last year by the sum of
four hundred and twenty-six million
• dollars, and if that increase continues
for the coming- year, the Finance
Minister may be quite Justified in his
belief that next year will see a bal-
anced budget. .
In fact ' there was a surplus of
fifty-one and a half million dollars of :-
ordinary receipts Over ordinary ex-
• penditures this year,,,,. which has not
occurred in many previous years.
• However, the Budget is not all
• sunshine, and one of •the • dark*
clouds to cast a shadow: over it, is
that "Of unemployment relief. Relief
• costs last year were very close to
eighty and a half million dollars, and
an,increase of a. million dollars over
• those of a' previous year.
The drought and generally unfav-
orable'conditions in *the West, un-
doubtedly figured in this huge ex-
• penditure, but did not by any means
aeconnt for all of it. . With the re-
turn of better times; both in fanning
,anct manufacturing in the older
roVinces, . one -would confidently
*'�k kr 'a rapid decrease in unem-
•lOynient, but it is quite apparent
that that hope Is a 'little prema,ture,
, Why that should- be hard '
to understand, 'unless one prepar-
, helle:V0* a, widely held -theory
tke • azt of .young Canada
will work,, Or rather
4
, 'hat 1500anse of this
„
*tit
,
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eti.9,41:-11,04 , ,
wibo win*.
94: be N4i.01:0; hoWeVer, Mr; „Dun,
vines Budget allearteOlt -911,O4
4114Sb,OWS tbat we gia 40* eae1In
tIIe O1040 of, cia convalescence, an
will soon be back to northal. again.
DO the Fields Need fiSnow P
We were reading in a paper the
Aber day that the present open win-
ter, so Much heralded by The trans- •
port companies and car drivers, is }
just plain poison fer the farmer.
• That unless the fields are cevered
with a good blanket of snow, the
wheat and -newly seeded fields are
going to be heaved right out of busi-
ness. That hay and pasture lands
are going to suffer, and such crops
will be poor next year.
, And then we were told by a farm-
er, an 'old, experienced and success-
ful;farmer, too, that that was all
hooey.
That given plenty of moisture, the
land would produce. a crop. That
the form in which that, moisture
eame-frostt snow, or rain -did not
make a particle of difference, as long
as it did come, to be stored in, the
.land. That it was in the spring, 'prid
not the winter, that the heaving oc-
cuvvrreedll.,
to be truthful, we don't
knOw. But right about here we
have had plenty •of moisture this
winter, and right now the land is
covered with a fine blanket of snow,
so we don't believe we should worry
too much.
But all places are not, by any
means, as well favored as this part
of Huron is, and those plateehaven't
had much snow this winter. Perhaps
it,will make a differenee to the farm
crops in those places. Or will it?
,•••tt,
t
An -other Furniture Strike ,
The 'employees in • twenty-seven
furniture faCtories located in *nine
Ontario centres, and numbering
some fifteen hundred men, werecall-
ed out on strike Monday morning of
this week.
Of these factories, nine are in To-
ronto; five in Hanover, three in
Wingham, three in Hespler and
Preston, two in Owen Sound; twal in
Strathroy, one in Kitchener, on f in
Lucknow, and one in Stratford.
. A peculiar thing about the situa-
tion in Stratford is that Only one
factory out of the six in that city is
affected. And still ingre peculiar, is
the fact that the employees of the,
, closed down factory are said to be
more satisfied with working condi-
tions and on better terms with their
employers, than are those in any of
the other five Plaits. -
But strikes are *peculiar • thinks,
and when strike ',bosses order out
employees, peculiar di -figs. often
happen. One would think that
Stratford's experience in ,the strike
business, only a few months old,
would suffice for some years to come,
but, as we say, there is no account-
ing for strike mentality.
• In some centres such • a strike
, might easily pass unnoticed, but in
-towns like Wingham, Hanover and
Lucknow, such a strike, as the pres-
ent, is a very serious thing and has
a fear reaching and very adverse
effect upon the business of the town
and the town's welfare.
The demands of the strikers • for
larger par and shorter hours may,
as far as we know, be reasonable,
n-
-but whebne surveys the financial
sithatiOn Of the furniture business
in Western Ontafio, over a period of
some- years, one might 'be excused
for: wondering how these factories
were able to continue in operation at
all, without having to meet the pres-
ent demands of less work and -more
pay.
, * •
WHAT OTHER PAPERS SAY.
Sciniething Wrong
(Sault Ste. Manie.)•
Wind River hen efin peciPle stilt "on relief, told
yet.earithot gat enough men forthe bush jobs Of-
fered. No wonder a phesteal fitness, test Of those
• on relief ,has beribecirilered, with the object Of re-
- moving from tire rolls those in, shape to take the
jObs Offered. •‘• •
War .lts** ig Etisinesa
• (Tomato ale% '
The Moat atrente neetElitet tor, .0fat
with liar $3'6,,Oftd,Ottei ,Vated fee'ellIft40 rtf‘.
" PO666, Canada avittithookely ;
' War ,n6Witilayt,", 1;r-, tillititdolidt; Wand*
ttleittY Of' Unrolls Ifeettett: `', ~: '
• ".
pi,te,rreidiOff gto•PLO
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.tweet741.1/040F5 4)49
,
Frern The ,Hnron _gspositor
' March 8, 1912
Mr. 4. A. McLean, of Winghann had
one of the 'largest saw,logs to Cat up
•that bus 'been peso that•im.a. of
the-countrY,..funaome-tirne..,,Tite.,„
'at St.. Ilew
teaand taken to Lucicanti,
Ielittearl4 feet in -length, wee c t
43a it (had to. be brought to Wiliglutdu
jo be wood, and '1,85(nneet in lumber
•Were, made oat at ft.
r4
, w•hich broke out at 2 a.m.
in Viiiingbaut hnd raged for five hours,
swept kway, Vanstones com-
prising our large stereo and offices.
The loss le estimeled at $75,000. The
fire was
s cliecoSiered in Knox's jewelry
store.
Mr. H. King, the capable and
Obligiag nallway agent Kemal' for.
the \ past eight years, alas receneed
word of his appointment and advance -
silent t'o the Ingersoll, Station. Mr
secceseor will be Mr. A. ' L.
case!
Miss• Smith; of Stanley Township,
met with an accident Tiensall on
Wednesday afternoon. The horse he -
came frightened at the escaping steam
nem an ,engthe nearby and, began. to
run, when Miss Smith was theown
out, receiving injuries.
-The 104 cannial of the season was
held in Seaforth Palace Rink on Fri-
day eiening. There was a very large
attendance. 'James ROI) gave a drill
by twenty girls. The prize winners'
were as followee Ladies' fancy, Miss
• Edna Troyer; ladies' character, Miss
Cassie Everett; gent's character, W.
Gottschalk; gent's cemic, nohn Brod-
• erick; boyno comic costume, Reg.
Reid.
i6)A, e'Ve_r Itnop .404 tie•t
ye fie einielte Blot OltlY the Melt* ef
nelaitalt4m Seafentb• after n
On Years,: but else the Sixtieth eani.
versary en the orgaideatieli of ti
1u
410, 1$7,7? rkilogr tiro games were
PlAnd the Old eigatinn rink on
Gndenieh Street East, =rya a writer
tbe Free Press recentlY, recalling
the ear bi biettery a the club. It was
7few:Irp_andLQdithebyetainarli'dalyt:dzSiutawleelyseecuuj_*ram,luli.rgillwooViunhswetimilrde
IniatallY In Scottish comMunities seen
ago Gait, Penguin Paris, Goderich and
%Worth. There" was no %glut) in
Stratford, '
agaTihnestAnfir;tnlgaeurteSeafth r PPlaranY9deetc
Among the chaster membeen of• the
Seaforth Club Were: M. R.,counter,
James Hatt, W. O. Reid, D. D. Wil-
son', George Patterson and Andrew
Hilly. The .1i,iet curler iu town was
Robert Csamichael, proprietor of the
.Royal Hotel, who bnaught a inniple �f
black ` curling stones withdiim from
the Old Country. ,
Mr: .George Stewart, of Seaforth,
bias moved from his residence on
Main Street Street to the house on Gaderich
Street, a,d'o nithg. • Dr. Scott's • . and
y
Mackay's .4), ce. . ..
. Last wee. Minter H. Kleber, of Mc-
Killop, had the •misfortune to have
several of . his. finger tip e taken off
while oilieg the windmill..
The sad death of Mr. W, Cumniing
has cast a gloom , 'over the whole
neighborhood of Huliett. Mr. Cum-
misig had takers' a severe attack 'of
appenclicitie ',and peritonitis. tors.
Geen„ Charlesworth and Milne were
•summoned, but nothing could be done.
Miss. McGuire and Miss Hughes, Of
the E. McFaul Co.; ad Miss Murray
and Mies Schaeffer, of Stewart Bros.,
Seaforth, have returned th, their posi-
tions as milliners. .
First -Presbyterian Church, Sea -
forth, tag purchased a new piano from
Mr. Arehiliald Scott for us.e in the
Sabbatn school:
Mr. L.. Carrierre teller in the Bank
Of Oommepoe, .Seaforth, who has been.
troubled with rheumatism, has been
granted leave of 'absence. -
Mr. Stewart Hamilton, Son. of H. M.
Hamilton, .has passenehiseeppical ,ex-
aniiirettioin IA neliiiiiPeg, with an ay-
erage .of 91 per cent:, als.o winning
the gold medal.
•
From The Huron gxpositor
,
ca, gr144 0,940,,d04
to bring ,b40 ati)P. . Vi/kben • tine
Sea:Oren Clith witted" Off thie Steven
Trophy in GuelPh the vici:(ors were
met at. the oriftraf *MM. bY „the
town haud And a, Jorge Bomber of
'cieteens and .escorted the Grip
House Where a banquet was tender-
ed .1)%y the viotom "The imoi4O...tiVIMe.94
were convected 10111, . club 00
kept the ,gesne
One Of the. thiugeithst oretited,u lot
eastooas drawn by G.E.,Shott,,knovra
as "Grogan." •
prominent patron. • was W. ..D.
Stewart, president ef the St.' Paul's
Curling. 011ab, ,fernier Senfortli bot
who took a- keen interest itt the club,
-each Any donating handsome prizes
to be competed for locallY.:, gip an-
nual vitit to his old 'home tewn, wee
anticipated with pleasure by the.
•memberg and made the occasion of a
big bonepiel. "
Since its reorganization the Sea -
forth Curling . Club is' (•again going
strong., •
4,01-1,V
gloack ,Atft
The Eater, The WO%
,Dear Sir: The Itind of, world We(
are living In: Toda$ we peed. :stroni
, ay leaderednin, I Ole'n,lattlie AO*
years 1 have discovorml.44kther4,4 are
three aeriene VOW= ihnt-Ve P149t
tineer: }In" attitude (4 ntInd; Second',
unethical PreetieeE third, trained vs,
untraiiiO4.74w0titer8.
„..„.1...3teile14-00-„Pfghilk-Alt--Q*404,-----• -
and J1urOu 00,*7 wil he 'much Olttret
interested tin this „art:leis if I make.
ft a! Weed as possible. as it is our
own commitotty that we ehoUld be
Wetly Oencerned itbeot. The linen-
eial status of Huron County. is, 1 be-
lieve, much better than in. any other
counties, but tbeeepelal problems are
=eh- the sameonly, on a smaller
scale. .We wottld like to think Ofeaur
Ooenty asone:large tdoilly, and that.
means mutual uniclenetanding and Int"
operation, and, if you are stilt chil-
dren, a few fights. A chain is only as
ketnong a ite vtealtest link. Some of
the.weak links could henretnoved and
the chain. still earry the load. '
We
have many weak. Maks n oderich.
•:i.J• UST A SMILE OR TWO
that are not funetionsing effectively,
• because of the indifference audi
nis wee some Members of 'the .family.
..„
• Bill (viciously attacking a piece of
chicken) :.' "This must be an incuba-
tor chicken:"
Yoe: "Why?"
Bill: ••• "No' chicken with a Mother
could be so tough."
•
' "Nurse (in mental ih o .s p ) :
"There's a man outside who wants to
know if any, of our men patients have
escaped lately." .
Doctor: "Why does he ask?' •
Nurse: "tie says somebody has
run away with his wife." '0
neenellthy of the general public, so let's
,March 4, 1887
The bridge on the 2nd line near
the Stephen Line, was lifted and car-
ried about -10 roan -newt' the creek
andeleft on the side of the bank dur-
ing, the late • freshet. The creek on
the Stephen town line is filled with
ice.
The contract for the erection of the
new addition to the Seaforth High
School has been let to Messrs. John
Lyons and F. Gutteridge. Mr. ,Lyons
gets the contract for the woielliOrk at
$2,447.06, and Mr. Guttesidge for the
excavation and foundation and stone
and brick Work at $2,284.00.
• Mr. J. A. Wilson, of Seaforth, is
the wiener of the Counter Cup this
season.
Mr. Hagerty, ot the high School
shaff„adressed the Young Men's Chris-
tian, Association, Mr. Kent occupied
the chair; Mrs. James Beattie pre-
sided at the organ, and Mrs. Bright
and Mrs. Pickard sang several num-
bers. Master Allan S. McLean gave
a humorous reeding.
The?' worst storn1 of the season oc-
curred on Sunday last. It rained
heavily on Sattirday but about 10
o'clock the wind changed to the west
and the rein to snow, and before
morning a genuine: blizzard was rag-
ing whichcontinued throughout Sun-
day. The streets and roads were earn-
pletely blocked. tin the London., Hur-
on and Bruce •the trains did not run
from Saturday until Tuesday night.
The ilarlock Express, however, under
the skilful hands of Mr. Neilans, mad
rtconnections as usual. -
Mr. J. 13. Sproat has purchased the
house and lot adjoining the English
Church, Seaforth, at present oceepied
by Mr. Willard 'Cline, for $450.
Mr. Fred Armitage haspurchased,
an interest in the Red Mill, Seaforth,
and goes into parteprehip with Mr.
Smith.
• While driving ,along a road in Tuck-
ersmith, last Fricley, Dr. Smith's horse
got down in -the deep nnow and in
struggling to get Out, cut itself 'go bad-
ly that it -will be laid up for'
• Mr. C. L. Papst has purchased the
residce nt preseint tinned and (MU -
pied Mr. Lawrence MurPhy, on
GOderieh St.
Mr. ' T. Hunkin, of Fart4uthar, is off
for a feW daYs bagging rabbits.
John Roddick, the WellnatoWn sheep
buyer, of Grey, nee coniMenced biisl-
in ,BrusSels, purchasing eggs. He
has leased premises firGrant's block.
-The, stable 'at Ilodgerville 414Mich
was conveyed 131 13,1761g1t Wadi) up to
the ne* church in, gensall and- put
all together again on the elatne
Vvitti the _exception ef roofing it. "
Ott Sabbath nett the tete Pretty.
teriatt cher& wilt be fOrMallf 000E4
Maittallt Retie PrftielPti aelZ
of Knox College; iroronte, Wifl
tn. each at 1',1 alit. 'SIMI get
Otter Ifftsgrere, 'Of Viet:1116p at §
'
'
.11
A Scotsman was telling about his
e e
trip back to the Old Country after „ 01"
felt that th ttizens Of God
He found J.i,..e, hadn't munir cOnlidenCe In. ihe
e
an absece on 15 years. -
nn. .' g
biS father and three brothers wearing
'proCounty, Children's Aid ociety
long beards. at their annual meeting, which was
"How- come?" he( waisted toknow. , w
Atvir
Ledttibneebein tliverypapberadsiyorinteliesrpe'rthet.e. ,
"Because," 'explained the old' man;
ed. There were just eleven citizens
Ye took the razor off with ye.„•
present, including one other wonian
besides myself, Mre. .Gep. nohnston., n
"My peer husband Was a wonderful
and she does not neglect her family.
artist," sighed' the laudlady as she She is a member of elle Board of Ind -
hacked at the pie' crust, "and always' ucation and the Home and School
said,the found inseiratieinin my cook- club.
She was lanxious to tell me
lug.' . that ehe voted for me. 'There should'
gloomy bcarder surveying hts bent '
"A sculptor, 1presume," said .the
fare Board.. Two men,
he. at lea.st two women On every Wen' ..
fork. • 'ertso and R. At M
Mr. cOlung, the lat-
ter a newcomer to Goderich, were
,• asked by tb:e presidenn „Rev. Dr.
Barnett, to draw up a slate of offi-
. 'Formerly a Coffee • House,
COS .and they in
my. Dame. I '
• • •f
• LlOyds London
• Wide Insurance. was interested in the reason Rev, Mr, •
Lloyd's. Now Handles World 0
When you enter the ne,roic portals
of Lloyd's, on the site of the old East
India Company, in Leacienhall Street,
London you will meet an attendant
in scarlet and gold livery says a writ-
er in. 'the magazine "Fortune." He is
a "waiter" ann derives his' title from
theday, when -Lloyds was a coffee-
house, in the seeded story of a small
building with a frontage on Lombard
Street. But you will not get coffee
to -day. Now the coffee room, which
you enate enter Italy with one of the
underwriters, le the , Subseribers'
Room. To -day it. iiria spaelOus, hall,
filled, with the exception Of the aisles
'and a space in the center, with tables
with pew -like benches on either side
of them, after the old coffeehouse an
rangem.ent.
A ,throng of insurance brokers wan-
•ders through.the aisles, each one hold-
ing little -slips of panel -on which var-
ious proposed insuran.ces are written.
Mize. •brok,r3i,.430. f ”cry. ......
other, ,offerirug risks 'to underwriters
who sit there with: their clerks. If an
underwriter accepts an offer, he mere-
ly takes the broker's slips, writes
.down the sum which he insures, and
'places his name or initialseetter it:
In the center of 'the. 'busy room
stands a rostrum under a marble.can-
opy, • the successor of a pulpit that
once stood in Lloyd's. Coffee House
TW.0 and a hnalf. ..cennIttce ago. ttlin
pulpit was used by auctioneers with
sold -merchandise from, oversees and
.also ships. In , the . okl pulain. too,
Nraiters iisedto mount ,thereaon to the
house's patronsthe latest -fievis dis-
patches from onerseas. Over , the
'rostrum 'harigs the Latino ,bell, taken
from an old vesSel which brought
£25,000 salvage money to Lloyd'.
The . bell rings for .silence when a
caller mounts the rostrum to announce
-his voice enlarged by .mOdern ampli-
fiers -the news of a ship overdue or
unhappily floundered.
Lloydsinunetions in a peculiar. way,
centuries old. . The corporation, of
Lloyd's writes no insurance. It exer-
cises a supervisory function at most,
.somewhat . afterthe fashion, a the
New.YorkExcliange. There are no
insurance compel:denim Lloyd's; there
are only individual underwriterseemen
who singly, for a• fee, will guarantee
you against lessandif necessary,
will have to pay you with theinevery
'ferthing, and the. stints: neon •their
backer. If the particular underwriters
who sign n policy are unable to make
good on it, however, the insured -bas
no' legal claim agalace other tin-
cteti
h° gn
derwriters of Lloyd" • filti he is
protected, by guarante ,policies by
which underwriters lestee one _ate
Oilier and furthermore ,by the fact
tnet the underwriters would certain-
ly make good the policiesof a bank-
rupt Member rather than lin(phir •the
prestige onLlo-yds. -At the beginning
of the y..eni-there were 1,423 .under -
wilting• members of Lloyd's, grouped
in about 14,0 syndicates offrom six
be a needled underwriters each. •
All underwriters must be intrednc-
,en to the .,cheirettan of Lloyd's : and
aPproved iby him' before they cannbe-
cense:members. Then their financial
Istatus .16 investigated. Generally a
Prospective member must onoW assets
of at•least £100,000. SIX Members, of.
Lloyds- niust •indorse the nomination,
and the newcomer inust Make e. din
posit of. E10,000, Mktg an entrance
fee of 2500 Mad An annual sebineritn
Mot of £3f. 'rheas underwriting mem-
• bers are underWritera or insurers, but
beeinese is ilon.e net by theta, but in
.their "names.'t • ' ;• •
In practice, if a,nyense' wishes t� ob,
tain alt infoirance nolleyetie mint go
bo a broker, •The nickel -Vanes 'a 'elite
deseribing the riek to the Belem,'
Where heegties Anti one 'twelve Paden/
-writer to another, each Of wheirx sub:-
seribe,',.s.the plixi which. he itadertalteR
on behalf Of his syndicate. Inlienthe
tettil &Mead inetiranne is 'stibscrited
Lloyd's. Penny Signing Office Makes.
'but and issuee a pelley Which -to tig*
.ett. net by ', Lfeytitei.,Iiil..-',With. -Alit
anamen" en 'the tierniiiik.4niffililetnCien
the ; Men .whe Miter iii.06r,goi?klit qtte
nf Vete:" • • , '''t., nee , ' nn e ',•
'' 6 ititife . diidef*titer 00,
BIeOlung gave th.at they wanted soine
• new blood on the Board I bad be
• , en
write insurance must obvioinly be on for one year, but some of those
nin,:haasveI ca,nenenvemeaCtiTleryMTheteTeStepdresais
long -
dent objected to my question and.
stated, "I think those are personal
tiihmettecinueesntioTnhatastwerausjeustI wthknyewI awskiieyd,
and my question was not peesonal.
We have no right to allow any board
or worker tri deal with any problem
from a personal interest. • "
• I wondered why the outside press.
and three radio stations, broadcast our
meeting, .but perhaps it was import-
ant, than these men left •a• trained,
experienced social worker eiff a, wel-
fare board, when I was so interested
in the work and willing to help them
(in any way I could. I know now:At
•ins •providential. •
Speaking of trained •workers, • I
would like to tell you •people what
our Superintendent, Mr. Edwards,
stated at the second public meetingn
ot ree years eneh Sarnia, they place children out in
"name" can draw from his funds on homes that are not fit for animals,
deposit with Lloyd's up to the amount and they have trained 'social workers
-
of a year's profit. After the • first there, he added. I asked him if they
three years, not only the accountings, were graduatesof a School of Social
but the payments are inane annually. Science. He didn't ,,know., I 'explain -
Ordinarily, a''`name" leaves a part of ed that one might be a university
his profits,' for the amount of prem- graduate, and still -not be classifier
iums that can be written for him in- as a trained social worker. •Later I
measles in proportion to the size of asked the field secretary,. when she
his deposit. So it is that a syndicate visited Onderich, it they had trained
thereaseS its underwriting capacity. eocial workers in Sarnia. "Non she.
The first year teat he draws, a "name" replied, "there have never be.en train-
enpects to get 500 (5 per centon his ed social workers there." I might add
10,000 investment), and hopes for 600 that training should give one back -
or 700.•Thereafter, as he 'tiraWs, year ground and vision to enable a worker
by year, he hopes to'get 1000 (which to protect people; to deal with all'
is' conaidered good) and, perhape ev- kinds 'of injustice* whether it might
entually 2,000 a year, besides propor- be problems connected Iwith industry, '
tionate increases as his investment agriculture, immigration, child- Wel- -
agnimewUns'.t. dTellptesndPeroufitpoins tinheet'artidve the
Our Superintendent, Mr. Edwards
fare or the administration of relief.
familiar with the business. TJsually
he is a "name," too, that is business
it done in his name; but if he is a
penniless Man who has risen from a
clertehip, often a .syndicate, will agree
to stake hiin if he showsa goon
profit for three or four years •as A
clerk or deputy. It is essential from
lhe standpoint of a "name" that he
be a man of means.. From the begin-
ning, interest on, his original deposit
and premium balance( is credited to
him, but for three years he cannot
draw a penny. But he nine to pay
income tax on his profits, although he
tannin. touch them. If, instead of
there being a profit, losses are great-
er than premiums, the "name's" de-
posit is impaired, in: which case he
May retire from Lloyd's (not getting
the remainder of his Money, howener,
for several years, until all claims are
settled) or more likely his syndicate
r-Yle14141r34°'
er. --A nt 6 en ten t
!ARV. .4.2‘iiegt1.50 X •
derwritees ability to pick good risks.
4, The underwriter's profits grew With
those ofenie syndicate. His salary. is
very .4Mall, and ihe depends on his
percentage of the profits (up to 10
per ent.) for nig chief inconie. A
small profit for an active underwriter
Is £2,000. There are a good many
who make £10,000. and probably tWO
or three who nieke, 130,000 or 240,-
000. These incomies are very large,
for .salaries are lower than in: the
United States. •
Tile corporation, of Lloyd's 'stands:
apart from all the trafficking in, insur-
ance apart .and Overlooking it, Ita
function is to 'sea tha't •none but pro-
.
per subjects ef the King become mem-
bells of the society; to guard the
funds Which ernderwriting Members
ere required to deposit with it; to
audit the accounts of members Very
strictly so :as to insure that memberei
will be. capable of meeting their obli-
gations - There is a nornmittee cif
'twelve members whieh keeps a! ve'ry
watchful. eye on the businese that is
done, ;and a neik chairman is elected
to the Committee annually,.
1,1Cy'd'a du an historic firm, origin-
ally a. ,c6ffee house, owned by'. 'one,
Edward...l,loyd, Who died cin 1713. As
marine insurance .,developed it was
carried on. by •Iiedivitival membefin
many of whom met 'in, LioYd's °Wee
house; Eventually they banded trem-
s'elves tognther, cliargeti'dues and ad-
inistion fees antinCarried on .businetie
In 1810, LIdt4'netas ehartered be Par-
liareent.• "Venn 'early dates mciet Of
the insurance written by Lloyd'shas
been, Marble, altheigh there' has nt
waifs been Senna ,;,n10,11,inarinia• insur-
e:teen, ,Datinethe vast "60 years' this
heti" grinen ,today' Annualli
the underWriters' of 'Lloyd's write ap-
proximately:. £30,606,000,, more than
half 'Oif that being teennearine tendatt.
marine .polley lite differed
very ltttle frau its orlgintq printing
varfous additione anky • he
addedv but inn the Mann L1oyth' noVer
.eilialiges. 'Photo, IS net
that. affeeted the ceitunerciat Woritl'.4h
OetitintieS
that o has. not had iiietitena
tbits -efieot 016,,titraitiV,..00i3O.''..
LiOrydis. One :inf.Ltita..,iirinik.biti.:lia6M4
th
.*41.6 e kilistt4r, Si
fl Yttiiit? toifoit,
169t thioubdowItailitifit
tofift: at 'tar Ofgetigit."' At:(brill0fitf,
" t�ui4o � 6,,
.%•
.ceaved "E" classificathin. from the
Government, tho loweet a society cart
'receive.- Some One asked .him about
this at the sedond public Meeting, but
the Board couldn't answer. I tried
to -protect our Superintendent by nen- '
ing'ihe audience, "It-wain't because
Mr.' Edwards •Was, nt.. interested in
the work; ' but probe:KY 'because the".
work Was not 'interpreted according:
to '-the standards'. set by-. the .ttepIXt-'
merit:" At- the annual ateetinei not-
iced, our president, .Rev. Dr. Barnett '
mane this statement, tbatnine provin-
cialegrant was only $333.36, "because •
we do not 'in sonie tirenterinus way or
'other nthaisure tip to their standard."
Evidently She Departhient. are Class-
itying all Superintendents throughout •`•
the •Provinee ott the ability and merit
system. Why shotl4 seine of use, ho
know these thingi, continue to 'ke
client, 'When sorae .good ,citizens are
asking' holiest questions, and smoking.
compleints to some, pf tre, -When they
do let See results? You wcviddrin
Call me in to cure' your siek Child;
lug and clinical. ex
'pert:a '
youwould call a doctor, ;lose train," enables
him to make, a (careful diagnosisand
nrognosis. Our people and taxpayers'
hare Aa right to benefit from .the long
nents of atperienee spent .by research
Iftirkers and' 'clinical workers In
ev-
er y conntry, trying to alleviate suf-
fering and solve difficult' probleras.
Seme GovernMents-•go out. to; seek
the best qualified research, :workers
they can get, as they are the kek"
people for industry end the profes-
;Mons. Our unshilled Mid
workers know' the, Problems eciatronn-
Ing thern tafty., Wb hare some .lti-
dastrieo, Canada Abet bare p'rat4c-
stil inberestiftiefiltien Con- • .
Soisklated Stmottersi. and. 'Alegi& Tele-, .
phone OompanYi". thejatier . has
.g&:eyeteta Of recognising workixten
tjiabilittY arid Merit,•
noticed that the -'President -
stated "that •the', nierniberShip ticket.
eitiidrive was. a new ventUre, end
W'hdf 6t into, the Swing et
`tninikitting it over." They made- ,
the Patroller of that etiminitteo, but '
•Sille tell 'non hoW they put itfiner. •
Wste.,jhe .nnly 'One who isieiny
the
tottbeit; ten!. 4sentati.ves.9.
Vigo it);
, • "
N00.
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