The Exeter Advocate, 1917-1-18, Page 3'OE FOUNDATION IS' C R.0 i'a ► UN
DAIS R I• •
S D RUI GING UIS PEOPI
Bonar Law Announces Victory Loan —Premier Lloyd George
Says Trap, Not Peace Terms, Rejected
A despatch from London says: The
new "vitt r ,Ya
' loan" will be an issue at
o
five, per eent,, at the price of 95, the
period to be 30 years, but with an op-
tion of ':redemption; in twelve years.
Bonar Law, Chancellor of the Ex-
chequer, made the announcement at
the Guildhall on Thursday, where
British financial leaders assembled to
launch the loan. The meeting was tin -
dee the chairmanship of the Loed
Mayorand Lloyd George and his Fin-
, Y
ance 1VIinister were the principal
speakers.
Interest in the premier's speech
was whetted by his recent visit to
Rome, which • was expected to color
his remarks and afford' a keynote.
'for the country -wide war loan cam-
paign of the next few weeks.
Foundation Crumbling.
Bonar Law said that if the loan
should fail -and it would not, he de-
elared-then s were other methods
which could be applied, and the rate
then would not be five and 'one-
quarter per scut. - The military position, the Chancel-
lor said in his address, did not repre-
sent the true position of affairs. The
great German military machine, he
declared, was resting .on an internal
foundation which was "crumbling ir-
resistibly before our eyes,"
Bonar Law said that„'" investment
in the loan would be on better terms
than would be offered, in the future.
There was no limit to the rate of
interest the Government would pay
for money, he declared, but so far as
he could forecast the future a higher
rate of interest than the present
would not be paid.
A Trap, Not An Offer.
Premier Lloyd George : said Em-
peror William had told his people`.
that the Entente allies had rejected
his peace offer. The Emperor did.,
so, he said, to drug those whom ho
could no longer dragoon. "We had
rejected no peace terms; the Pre-
mier said, and added:
"We were not offered terms, but
a trap baited with fine words, It
would suit Germany to have peace
now on her own terms. We all want
peace, but it must be a real one."
The Premier said the allies were
of the opinion that war was preferable
to. Prussian domination over EruL:ope,
Tho allies had made that clear, he
said, in their' reply to Germany, and,
clearer still: in their reply to America.
The grim resolution of the Entente
Allies at the conference in Rome was
that at all costs they must achieve
the high aim which was;, before them
when they accepted the challenge of
the "Prussian military caste" to rid
the world "forever of Its menace, and
save Europe from unspeakable des-
potismJ'
Defeat is Impossible.
The Rome conference was under no
delusions, Mr. Lloyd George con-
tinued, as to the magnitude of the
l task of the allies, but felt no doubts
as to the results. The whole situs
ation',was probed, the difficulties were
made to deal with them. All the al-
lies felt, he declared, that if victory
was dilf'ieult, defeat was impossible.
Victory This Year.
The Premier said the navy had
strangled the commerce of Great
Britain's enemies and would continue
to do so despite "all piratical devices
of the enemy."
With proper support at ' hand, lie
continued, the armies would cleave
the road to victory during 1917.
The best security for peace in fu-
ture, Mr. Lloyd George said, would be
obtained when nations banded them-
selves together to punish the peace
breakers.
GERMANY MUST KEEP
BELT PULLED TIGHT
Peace,;Will Not Bring an Imme-
diate Solution of Food
Problem.
A despatch from Amsterdam says:
Mgr: Michaelis, German Under-Secre-
.tary of the Interior, contributes to the
Volks Zeitung of Cologne an ` article
warning Germany that peace will not
bring ' an immediate solution of the
food problem. He says:
"We must expect for a considerable
time, perhaps for many years, further
limitation of consumption and ration-
ing as regards the thost important
foodstuffs: Germany in .the coming
years of peace will have recourse al-
most exclusively to such foodstuffs as
are produced within her own borders.
Tonnage will be very scarce, and de-
terioration of the rate of exchange
also will oblige Germany to import as
little as possible,"
Pointing out that the ,German har-
vest, even when a full.: yield is obtain-
ed, can be made to suffice only if ra=
tioned, Dr. Michaelis says:
"Thus even after p•Tace it will be
necessary to keep the belt pulled` tight
and there must be further sharp ra-
tioning. The yearning cry, 'Give us
peace! Give us morebread,' has no
inner basis. Of this we must remain
conscious and not cry for peace on
account of the scarcity from which we
suffer"
OF GERMAN LOSSES
70 PER CENT. RECOVER.
A despatch from Berlin says: Of r
the total number of officers and men
in the German army who were wound-
ed during the second year of the war.
70 per cent. fully recovered and went
back to the trenches, according to of-
ficial figures
f-ficial.:figures published by the German
Government. Only 6.4 per cent. of
the wounded were c
ompletely staff for
military service, and the other wound-
ed were able to do military -duty at
home. Twelve hundred and fifty sol-
diers went blind during the war.
•
BRITISH ISS SIN.
IN PALESTINE
Anzac Mounted Troops Destroy
Turk Position At
1 Rafa..
A despatch- from London says:—
The War Office reports:
"On Tuesday our, troops `captured
a strong enemy position consisting of
six lines of entrenchments with six
main redoubts and a central keep,
covering Rafe, 30 miles north-east of
El Arish, Egypt. The attacking
force, composed of Anzac mounted
troops and the Imperial Camel Corps,
left El Arish on Monday, and the at-
tack on the position commenced at 7
alit'. Tuesday. The fighting ilasted
until 6 p.m., when the position was.
finally carried.
"After the engagement a Turkish
relief force was located, advancing
from Shalal, 16 miles east of Rafe.
This force was engaged at a point
about four miles from the Rafa posi-
tion, and was entirely destroyed.
"Up to the present we have taken
1.600 unwounded prisoners and four
mountain,guris.- The enemy killed and
wounded in our hands amount to 600."
BELGIAN CIVILIANS
IMPRISONED FOR LIFE.
Attempted to Escape Into Holland-
• First Sentenced to Death.
A despatch from London says:
Telegraphing from Amsterdam, • Reu-
ter's correspondent says: "According
to Les Nouvelles, Baron von, Huehne,
interim Governor-General of Belgium,
has published a decree announcing
that as the result of the court-martial
of a number of Belgian civilians for
attempting by force of -arms to cross
the frontier into Holland on December
6th, thirty of them were condemned
to death, but that, out of considera-
tion of the fact that they :didnot real-
ze the gravity of their crime, the
sentences were commuted to life im-
prisonment. The decree concluded:
"In the event of
any repetition etition the
e
t
offence, I should not use my preroga-
tive for. mercy."
BRITISH CAPTURE POSITIONS
ON FRONT OF NEARLY A BILE
SeveraliRaids Also Resulted in the Bagging of Large Numbers
of Prisoners.
A despatch from London says :—
The British official communication is-
eued on Thursday night says: "A
umber of minor ente rieun-
dertaken
ss were
p ,,,_
last nighinwitf excellent re-
eults. South of, the Anere we enter-
ed the enemy trenches at two "places
in the neighborhood of Granddourt,
and took prisoners. Early this mornie
ing a local operation on a large scale
north-east of Beaumont -Hamel was
completely successful. Our troops
carried an enemy trench en a front
of three-quarters of a mile, and es-
tablished our position. An enemy
counter-attack this afternoon was
caught in the open by out; artillery,
and broken up with loss. One hun-
dredfo 1 u ,
aofficers,
seventy-six prisoners. includ-.
iii .
6' .r s, were taken in the>
course of the operations in this area.
"Enemy tren c;hes also were raided
Inst night east ,of Armentieres � and.
north-east. of Y;p.res. Many casual -
tea Were inflicted on they enemy."
NOTE L5 GR
ANDEAPOSffI�
Demands Restoration of Bel-
gium, Serbia and
Montenegro.
A despatch from. London says: The
Times' war editorial on Friday on the
allies' note sas: "Eminentl courte-
Y Y
ous and friendly in tone, clear and
positive in statement, closely reason-
ed, and animated by the lofty tideals
of polities, morals to which the people
of the United States have always paid
homage, the reply of the allies to Pre-
sident Wilson's note must command
sipr dosof
the assent and' .the
o a z
great nation who inherited, assimilat-
edand developed the best principles
and traditions of Western, civilization,
The German Government hastened to
avail themselves of a phrase which
they picked out of the •President's
note in order to curtly refuse the' in-
formation which he asked. They made
no `avowal of their views as to the
terms on which the war rift' ii;ht be con-
cluded,' and told him in substance he
was on a mistaken road to peace. The
allies do not pretend in the present
position to state all thele war aims in
detail, but declare the general objects
with more amplitude and precision
than in any statement they have yet
made to their own countrymen."
The Only Terme.
The Times then ennunierates the
terms of the allies, viz: The restora-
tion of Belgium, of Serbia and Mon-
tenegro and complete reparation for
the damage they sustained, and the
evacuation of the invaded territories
of France, Russia and, Rumania, with
such reparation as is considered just.
The reorganization of Europe, guar-
anteed by a stable regime and found-
ed upon the respected nationalities
and full liberty and security of all
great and small nations.
The restitution of territories pre-
viously severed from allied nations by
force or contrary to the wishes of
their populations.
The liberation of, Italians, Slays,
Rumanians' and Czech Slays from
foreign domination.
The retirement of the Turkish Em-
pire from Europe.
The expression "they must provide
restoration of the provinces torn .from
the allies by force against the wish of
the inhabitants" is a clear reference,
says the Times, to Alsace-Lorraine.
The editorial concludes: "We . feel
confident the excellent' impression
which the allies' reply to Germany
created must be confirmed and inten-
sifled by the more ample answer we
make at the suggestion of the Presi-
dent."
-
WONDERFUL BRAVERY
OF FRENCH OFFICER.
Allows Himself to be Killed to Give
Example and Prevent Retreat.
A despatch from Paris says: "Al-
lowing himself to be killed resting on
his cannon to give an example and
prevent a precipitate retreat," reads ,r
the orders of the day recording the
death of Lieut. -Col._ Patrice Mahon. It
was at the Pass of St. Marie aux
Mines, in the Vosges. Twice before he b
had tried to save the pass, the second t
time leading a victorious counter -at- b
tack. A hot enemy attack the third b
time forced the French` to retire.
Mahon, dismounting from his horse,. t
crossed his arms and stood in front of n
one of the French guns facing, the a,
enemy until he was killed. The body $
still lies between the French and Ger- c
man lines, although a number of of- 't
ficershave tried to recover it.
h
LEADING MARKETS
18;411latuitr.
To onto. fan 1-•+Idunite)* wheat—
��ppq Northern {2.073; No. 2 o., '$2.043;
Vo, do, $2 a :, Ne.4 wheat, 31..30i.
t'aclt, rill
pors. Olcrop tradlni: 40.
O eve new crop,
Manitoba nate--No. 2, C,W',,, 70;ic,'
traoic, 13e,Y ports.
Atngricurt corn, No, 3 yellow, $1.0821
shipment withlu 39 c1a1fl•
Ontario oats ---No. 2 white, 64 to 650,
nominal; No. 3 white, 63 to 65c, nominal.
aocorcillqgo to f 'te gltts oute1de.
Qt farm wheat• --New No. 2" Winter per
ear lot $1,78 to 21.80; No. 3, do:, $1.76
to 1,78, according to freight: outside.
.Peas --No. 3 32.40, according to
freights outside:, ,
Barley-- Malting, 31.13 to 21.20, ne-
cording to freights outside.
Buckwheat — $1.$5, according to
.freights outside.
stye—No, 2, $1,37 to.
o $1.39, according
to freig�•hts outside.
Manit ba flour—F1rpatents,ii jute
bags, $9,90; 2nd. do., 39,0st'ngtalt
-
ei'{i', Clo, $9 T9ronlo,
Ontat'io tfour — SVintet, accordant: to
sample, 37:30 to 37.50, In bags, track To-
ronto, prompt shipment: '
1iLiilfeed-cat' lots—Delivered Mont-
teal freights, bags included, bran, per
on, 382; shorts, do„ 237; good feed flout•,
per bag, 32,70 to 32,80. "
Hay --No. ,, per tort, 312.50 to $13.50;
No. 2, do., 39 to 311, track. Toronto
Straw --Car lots, per ton, 39:50 to 210,
track, Toronto. "'
Country Produce—Wholesale.
Butter, fresh dairy, choice, 38. to 46c;
creamery prints, 48 to 47c; solids, 43 to
433c.
Egg's—No, 1 storage, 39 to 400; stor-
age, selects, 42 to 43o; new-latd; in car-
tons, 00 to 65e; out of cartons, 68 to 600.
Cheese—Large 253 to 26e; twins, 26
to 269; triplets, 261 to 264c,.
Dressed poultry—Chickens,. 22 to 2401
fowl 16. to ire; ducks, 20 to 290; squabs,
pee dozen, $4 to 34,50; turkeys, 25 to Soot
geese, 16 to 18c.'
Honey—White clover, 23-1b, mins, 14e;
5-1b. tins, 13 to 13$c; 1,0 -ib., 12 to 13e:
90 -ib., 12 to 13c; buckwheat 60-1b. tine
9 to 91,c, Comb honey --extra, fine, anci
heavy weight, per doz., 32., 5: select,
320 to $2.75; No. 2, $2 to 52.25.
otatoes—Ontario, per, bag, 32,25;
British. Columbia, per, hag, $2,25; IVew
Brunswick Delawares, per bag, 32.45 to
32.50.
Peon —Imported, hand -pinked, per
bush., 6; Canadianhand-pinked, per
bush., 6.50 to $7; Canadian primes, 36
to 36.50; Limas, per ib„ 99 to 10e,
Provisions—Wholes ale.
Smoked' meats --Hams, medium, 25 to
26c; do. heavy,•22 to 23c; cooked, 34 to
30c; rolls, 19 to 20c; breakfast bacon, 25
to 27c; backs, plain, 26 to 27c; boneless,.
23 to 30c.
Cured meats—Long clear bacon, 18 to
1310 per lb.; clear bellies, 18 to 181e.
Lard -Pure lard, tierces, 213 to 2130;
tubs, 212 to 22c; palls, 22 to 229c; com-
pound, 16i to 170.
montreai Markets.
Montreal, Jan, 16.--Oats—Canadian W..
No. 2, 71.c; No, 3, ((Sc; extra. No, 1 feed,
00c. Barley—Manitoba feed, $1; 'malt-
ing, '21.30 Flour—Manitoba 8 ring
wheat patents' firsts, 310; seconds, 39,50;
strong bakers', 39,30; Winter patents,
choice,39.25 straight rollers, 38.50 to
38.80do., bags, $4,10 to 34,25. Rolled
oats—Bbls, 3'x,25 to 57.45; do„ bags, 90
lbs.,'33.30 to $3.60. Bran, 232. Shorts,
335. Middlings, $98 to 340. Mountie,
$43' to 348. flay—No. 2, per ton, car
iota. 213. Cheese—Finest westerns, 25c•
finest easterns, 24c. Butter—Choicest
creamery, 43 to 43(3c;-. seconds, 40 to
413c; seconds, 40 to Ile. Eggs—Fresh,
56 to OOc; selected, 42o; 'No. 1 .stock, 40c;
No. 2 stock, 34 to 36c, Potatoes—Per
bag, car lots, 31.75 to $1,95.
Winnipeg• Grain.
Winnipeg—Jan, 16.—Wheat No. 1
Northern, 21.511; No. 2 Northern, 51.781•
No. 3 Northern, 31.74$. Oats—No. 2
O.'W., 565c; N. 3 C.SV, 545; extra No. 1
feed, 545c No. 1 feed, i21c; No. 2' feed,
5150. Barley—No, 3, 21; No, 4, 94c; re-
jected, 78c; feed, 78e. Flax—No. 1
N.W.C., 32,583; No. 2 OW, 32.553,
United States Msrketa.
Minneapolis, Jati. 16. —Wheat—May,
L88; July, $1.78. Cash—No, .1 hard,
1.96 to 31.97; No. 1 Northern, 31.89 to
1.92. No..2 Northern, 31.88 to 31.92,
Corn—No, 3 yellow, 911 to 929c. Oats—
No. 3 white, 533 to 543c. Flour—un-
hanged. Bran, $27.50 to 328,
Duluth, Jan. 16,—Wheat—No, 1 hard.
71.898; No. 1' Northern, .51,589; No. 2
Northern, 31.839 to 31.859; May, 31.879.
Inseed, to arrive, 32.861; May, $2,90};
uly, $2.921.
Live Stook Markets.
Toronto. Jan. 16.—Choice heavy steers,
39.75 to 310,35; do., good, 29.25 to 39.50;
utchers' cattle, choice, 29.25 to 39,50;
o., good, 38.75 to 39; do., medium, $8.25
o 38.50; do., common, 37.50 to 33;
utchors' bulls,- choice. $7.75 to $5.75;
o., good bulls $7.26 to $7,50; do., rough
ulls, 35 to 35.15; butchers' cows, choice,
7.75 to $S.50; do., good, 37.26 to 37.50;
a., tnedlum, $6.65 to $7; stockers, $5,05
o 37.2b; choice feeders, $7 to 37.75; can-
ers and cutters, 34,50 to $5.50; milkers,
Melee, each, $70 to $100; do:, common
lid medium, each, $40 to 360; springers,
50 to 3100; light ewes, 39.25 to 310;
heep, heavy. 36 to 37.50; calves; good to
hoice, 511.75 to 313; lambs,: choice $13
o 314; do., medium, $9.75 to 310.25;
ogs, fed and watered, 312; 'do,, weighed
off cars, $13.25; do., f.o.b., $12.''
'Montreal, Jan. 16.—Choice steers. $9;
od steers
ONE EGG IN 19 DAYS b
FOR BERLIN CITIZENS. t
A despatch from Berlin says The: h
Berlin municipalityy R
, says eut'
ers
Amsterdam correspondent, has an-
nounced that, notwithstanding the un-
favorable conditions of production, it
will be po�x ible for .every citizen in
Berlin to"fiave one egg between Janu-
ary 12 and January 31, but that noth-
ing at present can be said regarding
the supply of eggs after this time.
Instead ad_o
of
Worrying
til .
about the high cost of
living, just buy a pack-
age of,
gape -Nut
—still hold at the same
fair price.
Enjoy' a morning dish
of this delicious food,
and smile over the fact
the"t 'you've had a good
Jf
breakfast and
d
.Sal e -
V Money
s11tIC'ia start
' _:.
t
that
In any day?
• 57,50 to 33.25; butchers
ulls,
37 to 38; butchers' cows, 35.50 to
7,50; canners bulls, 35.60; canners cows,
5,40; grass fed calves, 35.50; milk ted,
elves 310; lambs, 312 to 313,50; select'
ogs, $12.75 to 313.50.
FOE PRISONERS ON ISLE
OF 'MAN READY FOR PEACE.
They Are Learning Trades and Mas
tering Languages.
A despatch from Douglas, Isle of
Mang says: They are busily engaged
in preparing for peace in the prison
camps on the Isle of Man. Here are
nearly 25,000 German and Austrian
civilian prisoners. Many of these
have been residents of the British
Isles' for ten or fifteen years, and ex-
pect to go back to their civilian em
plloyment as soon as peace, comes.
Others have been in England for much
shorter periods, and plan' to seek
fresh fields. Two years of imprison-
ment has a sobering effect on the most
frivolous, and the frame of ` mindof
the internment camp prisoner is al-
most uniformly serious. Some are
learning iiewtrades,; others mastering
new languages,' others studying the
course of the war in map and law book
. with ;a view to being on the spot for
post-war developments of business
and commerce. Most of this prepara-
tion for peace is being done by the
prisoners themselves.
183 SWEDISH SHIPS
LOSTDURING YEAR.
A despatch from London says: p y An
Exchange Telegraph despatch from
Copeoha$en says that Sweden lost 18.
3
ships, aggregating 7:13,000 tons, last
year, of which 100 were . torpedoed,
p r
with the foes of 27 .lives, This report
climes' from,Stoeklielm, and adds that
during the, same period Sweden built
a
8!. ships,• aggregating 47,000 'tons,
GIGANTICI..NITIO°:
I CANADIAN °CAR COo'S PLANT
Half a Million :3-izic Shells for Russian Government Destroyed
in Series of Terrific Explosions at Factories
.En New Jersey.
A despatch from New York says:•--
A flee, which broke ut:.t in the muni-
tion plant of the Canadian Car
Foundry Works near Kingsland, New
Jersey, on Thursday afternoon corn-
Pietely destroyed the factory, with.
a Joss estimated all the way from
$4,000,000 up to $10,000,000, forced the
evacuation of a large part of the town
of Kingsland, making 1,000 people
homeless1
for the time.
For the space of more than five
hours northern New Jersey; New
York city and the western end of
Long Island listened to a bombard
ment that approximated the sound of
a great battle, a bombardment in
which, more than half a million three
inch high -explosive hells were die-
charged,
iechar ed,
Yet so far as the ponce
and hospitals of all that section have
been able to learnof :
n a single life was
lost, and no one was injured. Com^
paratively few windows were broken
fn the surrounding districts, and, in-
deed, the material loss outiside the.
plant itself and the telephone lines
running near it was very slight:
Police Prevent Casualties,
Consequently,''as the. flame reach.-
s reach-:
ed each case of shells, and exploded:
the charges, the projectile shot high`
into the air—often several hundred
feet. But as it descended without,
the fuse, which alone could explode
the charge, its fall was only that of
so much metal. Even so, the fact
that not one of the thousands of peo-
ple in the neighborhood was hurt, so
far as could be learned, was due prin-
cipally to the prompt police measures
in clearing out the houses in the en-
dangered districts near by. -
The munition plant lies in. the Jer-
sey Meadows, seven miles west of the
IIudson, and about a mile east of the
edge of the hill ou which lie .the twin
towns of Kingsland and Lyndhurst.
The company was just finishing an
$82,000,000 et. ei -act for the, Russian
Governmdnt, which had leept the plant
busy for the past two years. Thirty-
eight one and two story buildings had
been erected in the meadow, and three
shifts of 1,400 workmen each, mostly
negroes, were employed in filling the
explosives purchased from powder -
companies into the shell cases, some
of which werebrought from the Beth-
lethem Steel Company pand others
made by the Canadian Car & 'bun
dry Co., elsiewhere. The . centred
was within two weeks of completion,
and one of the shifts was laid off
Tuesday night.
Fourteen Hundred Men Employed.
At work in the plant when: the fire •
broke out were"the 1,400 melt, a con-
sderable number of office employees
and two or three hundred guards in
uniform, who have been patrolling the
factory ever since its. erection. It
was 3.40 when theb laze broke out in
building No. 80, when ten or twelve
men were at work cleaning the brass
cases of the shells .with denatured al-
cohol before the process of filling was
begun.Somehow, from somewhere, a
spark fell innto a tub of the alcohol
and set it ablaze. One theory is that
an electric -drop light hung above the
tub had become short-circuited, and
that the spark was a piece of burn-
ing insulation.
There was another story that the
spark fell from the carbon of an arc
light high above. However it began,
the tub of alcohol was ablaze in a
moment, and the workmen in the.
building turned and fled without de-
lay.
FIVE LIVES LOST
IN MONTREAL EIRE
Maid Perished While Making.
Attempt To Save
Children. -
A despatch from Montreal says:—
Fire claimed five victims in the de-
struction of the Idealograph Moving
Picture Theatre, at 1691 Notre Dame
Street west, at 2 o'clock Thursday
morning. The victims were the chil-
dren and maid of Dr. and Mrs. J. H.
Leblanc, a dentist, at 1689 Notre Dame
Street west, who were in the family's
living quarters on the third floor. Dr.
and Mrs. Leblanc were out spending
the evening with friends, and had left
their four children in charge of the
maid and an elderly servant, Mme.
Bouchard.
•--v
ROME CONFERENCE
TURNING POINT IN WAR.
A despatch from London says: The
Times in an editorial on Wednesday
regarding the recent War Council held
in Rome, says: "The conference just
concluded in Rome may well prove one
of the turning points in the war. More
than one vital decision was reached
with complete harmony. The road to
victory, though it maybe long, is now
running straight to the appointed
end.>,
•
Why 21e Supported the Fund.
The task of raising the Canadian
Patriotic Fund is not all serious work.
It is illumined here and there by flash-
es of humor, and everywhere there
crop out touches of human nature
that add zest to the work. Take the
case of a Quebec county councillor.
His council had been asked to contri-
bute a certain sum yearly, and an of-
ficer of the Fund called on him to
secure his endorsation of the proposal.
He listened to an explanation of the
details,and then started to estimate
what the new taxation would imply
to him. Then he said: "All right.
I'll . votefor
the grant. g t I� find that
it will cost me eight dollars,—but I'd
rather pay even twenty dollars than
go to the wart"
IIELP TO WIN WAR.
AND SAVE MONEY
Dominion Government Issues
Certificates to Assist the
Thrift Campaign.
A despatch frorn Ottawa says:. The
Minister of Finance, Sir Thomas
White, has announced some of the de-
tails of the coming issue of war -sav-
ings certificates in connection withe
the campaign for national wartime
saving and further co-operation by the
public generally toward war financing.
The war -savings certificates will be
issued in denominations of $25, $50,
and $100, maturing in three years.
They will be obtainable from any
bank or postoffice throughout the Do-
minion. The issue prices will be
$21,50, $43 and $86 respectively. Thus
for every $21.50 now loaned to the
Government $25 will be returned at
the end of three years. The discount
of three dollars and a half constitutes
an interest return of a little more
than five per cent.
Provision is '' made whereby the
certificates may be surrendered at any
time during the first twelve months
at their purchase price; after twelve
months, but within twenty-four
months, at $22.25, and after twenty-
four months, but . within thirty-six
months, at $23.25 for every $21.50
originally loaned. Consequently the
longer the .certificates are held the
higher the rate of interest return.
The opportunity thus constantly af-
forded of investing small amounts
with. the Government will enable the
general public to contribute by their
savings towards winning tho war, as
well as promoting at the same time
individual thrift and economy
throughout the Dominion.
The new war -savings certificate::
will be advertised generally through-
out Canada next week.
r $663,000 For Province,
A despatch from Walkerville says:
Succession duties of the $4,000,000
estate of Edward Chandler
Walker,
former head of Hiram. Walker &
Sons, distillers, will amount to $663,-
000 the Ontario Government has noti-
fied the executors. This is said to be
the largest amount paid into the On-
tario Treasury from any one estate,
CEREALS ARE TO BE GROWN
IN LONDON ROYAL P
To Stimulate Private Land Owners 1:o Similar Activity — Ras
Sanction of Iiia g George.
A despatch from London says; Fod-
der and cereals aro to be grown in
Richmoned and Bushy 'Partes as the
first step in the new food campaign.
London's parks are royal property,
and the step has the sanction of King
George, The idea is to set an example
and stimulate private land owners' to
similar activity as a means of inerene-
ing food supplies.
Richmond and Bushy Parks lie near
the Thames hi the :fashionable eolith
west district of London, '.Richmond
a
Park is of 2,255 acres in area tend
eight miles in ciicumferenee, It is
favorite' sllan).er 1 esori:; heKir fre-
quented by crowds alp edest;rians,
mo-
torists and horseback riders. Charles'
I, in 1637 had the perk enclosed sad.
used it as a hunting ground.
Bushy Park contains about :1 0+
acres. It has numerous whilethorit
and horse chestnut trees, many of
them plouted by William n 111..