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The Seaforth News, 1930-02-20, Page 2What Befell Mr. Lanolin Wall Street A writer in the -"American Review of Reviews" gives a typical cage- of "thousands" -who suffered in the Wall. Street, crash, and explains how the man lost his money, Mr. Deward Florence says: "Let us take a hypothetical person, not unlike many thousands of real ones. Mr, Lamb enters the Street, early in the year 1929, attracted by tales he has heard, He has $1,000 of savings, and he has watched a cer- tain stock rise day atter day for months. It rose from $30 per share in January, 1923, to $50 in December of that seine year. We are using exact figures. In this example, though there is no need to name the stock. "Mr. Lamb can hold back no long- er. Ile buys. But instead of buying 20 shares at $50 each, he finds that with his thousand: dollars he can buy 60 shared The stock costs $3,000, but he buys on a 30 per nut. margin; that is, he invests hie own $1,000 and borrows $2,000 from so bank through the broker, using the shares them- selves as security. "His stock continues to mise. When it reaches70 he has a 20 -point profit. It is worth $4,20b. His profit, if he ohooses to cell, 10 $1,200, Or more than 100 per cent. on his investment. But he is not satisfied, He has dis- covered thathecan borrow now a Larger sum from his broker without additional collateral, "In other words, he capitalizes his paperprofit of $1,200, and usee it as the requli`ed margin on the purchase of 40 hew shares at the prevailing price of 70. This second investment costs $2,800, but requires no cash of hist He now Owns 100 shares, valued at $7,60.0, on which the br,olter is will- ing to lend him up to 70 per cent., or $4,933. They have cost him 33,000, plus ..$2,800, or $5,800. Ile has put in only his original sum of 31,000 and has borrowed $4,800. "Age- the pricefurther advances, to 86, our investor buys 35 more shares, still without additional can. The whole is now worth 135 times $80, or $10,500, on which he has borrowed $7,000, or approximately 70 per cent. of the market value. The three blocks have cost him 33,000, plus $2,800, plan $2,800, or $8,603, He pail for them with $1;000 cash and '$7,600 of borrowed money. "Hp to this point Mr. Lamb .is a successful flnaneler. He 'owns' 135 shares of his favorite stock, instead of the 20 that he could have bought outright. 'When the price rose still further, to 86, he had a paper profit 02 34,000. In a rising market the thing is quite as simple as it seems. The fact that he owed his broker $7,600 did not impress-4teelf. Was he not 'worth' 135 times $86, or 311,6102 "But our friend had become a speculator; and he soon paid the penalty," Britain. Will -Keep Cyprus Colony Secretary of State Says Ques- tion Definitely Settled London—Great Britain has refused the request of residents of Cyprus,: Mediterranean isle, for permission to affiliate themselves with Greece or a grant of some form of responsible government. The answer of Lord Passfield, Secretary of State for the Colonies -vas firmly worded: "Thia subject is definitely closed and cannot profitably be discussed further." The words were contained in the Government answer to a memorial from Greek members of the .Cyprus Legislative Counil dated last July. The memorial claimed to have sign- ers igners representing five sixths of the population of the island. A similar plea for annexation by Greece instead of continuing under British adminis- tration was made by a deputation from Cyprus which -visited London last November. The plea for a "responsible govern- ment" in the Leland also was refused, because "the time has not yet come when it will be to the general ad- vantage of the people of Cyprus to make trial of a constitutional experi- ment in this direction. Cyprus has an area of 3,584 square miles; its population In 1921 was 310,- 715, including 61,000 Mohammedans. It was settled by Greeks and Peoenl- eitins at an early date and was part of the Persian and Roman Empire. The Terks conquered It in 1571 and retained possession until It was ceded to Great Britain for administrative eurpoaes in 1878. The island was annexed in 1914 and L in 1925, was given .he status of a T. Probe Deaths colony. MacDonald to Protect Scotland's "Royal Mile" Edinburgh Fears Development Plans AIong Historic Roadway Edinburgh, Scotland. — Edinburgh is gravely disturbed over the future of the historic "Royal Mile" lying be- tween the Old Castle and Holyrood Palace, which is perhaps the most classic roadway of the whole Brttieh Isles. The trepidation arises from the fact that Calton jail is being demolished, and the area around is to undergo "development,' which has a sinister sound to those who would preserve tthe historic roadway, The prevost and citizens of Edin- burgh have approached Prime Minis- ter MacDonald and bays found him sympathetic, "Edinburgh is not a new mushroom city," he wrote in answer to the re- presentations, "but endeelles for every Scotsman the history of his na- tion and the reverence in which he holds it." He added that the plans for new government departmental buildings and extension of the Scottish Nation- al Library must be carried out. But regarding other plane he suggested that the government would support Edinburgh in safeguarding the future appearance of the historic quarter, even if the city does not possess town planning regulations enabling It to regulate the class of building, The Spice of Life Divorce in Russia is So Easy to Secure That Girls Have Sig Variety in Husbands By Anaesthetics Toronto. — Investigation of deaths attributed to anaesthetics will be made by a group of anaesthetists af- filiated with the Academy of Medicine cf Toronto, and their findings will be submitted at the meeting on February 28. They will not be made public Moscow Wives in Soviet Retela prier to that date. shelve their old husbands for new OLCS The probe has been prompted by snore often than husbands seek new the number of alleged anaeethetio wives, answers to a gaeationnaire dig- deaths during the past few months" tributed by the Moscow Communistic The exact nature of the investigation Academy among factory workers in the was not described by Dr. C, H, Rob - Red capital disclose, son, anaesthetist of the Hospital for Many working girls here, as divorce Sick Children, but It is expected to is to be obtained almost for the asking consist in part of a survey of deaths ohange their husbands three or four which occurred while patients were times a year, tabulation of answers to under the influence of different anees- the questionnaire shows. One young Moscow girl reported that she had been married 16 times in a period of three and a half years—an average of one new husband about every 12 weeks. The survey of family life fn Russia Preston, who died at the Galt hos- has been undertaken in an effort to pital recently, alegediy from the et - establish the prevalent attitude in thetics. No statement was made by Hon. Dr Forbes Godfrey, Ontario Minister of health, or Dr. W. W. Jones, presi- dent of the academy of medicine, re- garding the death of 'William: Eby, of England's New Challenger For The Speed Kingship ih n satin. "etee�. lies DRIVER TO ATTEMPT NEW WORLD'S SPEED RECORD ' Kaye Don and his . mechanic test sands of Carmarthenshire, Eng. Don will sttemp record at forthcoming trials at Daytona Beach, to break Segrave's speed Mexico Tires Of Moscow Now it isMexico's turn to grow weary of Soviet intrigue. Diplomatic i'elation have been broken off, and the Mexican Minister at Moscow and proceed to Madrid leaving only a caretaker in charge of the offices there. The law of selfpreseriatioa probably Swill suggest to the care. taker that he also will be mere com- fortable else where. in fact there •appegrs to be a general exodus from Russia. Mexico evidently has had its eyes opened regarding the activities of Communist propagandists. The Labor Government in Britain also has had recently an object lesson in this con- nection, and no doubt will have oth- ers, as the "Red" workers is as tire - lees as he is ubiquitous. For years Mexico has been a base for Com- munist activity on the North Amer- ican Continent. As usual, advantage has bean taken of official recognition of the Soviet In that country. Latter- ly the propagandists appear to have been directing their attention more . Particularly to Mexico itself and to. its institutions. Subtle methods have bean employed. The Mexican Em- bassies in other countries bare been annoyed by hostile demonstrations. These •have been staged at 1Zashina ton and in several Capitals in South America, while in Detroit the Mex- ican President-elect was roughly treated during his recent visit. The Mexican Foreign Minister, in a state- ment issued in connection with the breaking off of diplomatic relations with Moscow, sbowe teat his Gov ernment le well informed regarding what has been going on. He says: The Government of Mexico knows perfectly that this propaganda a- gainst our institutions and national revolution -was prepared and directed from Russia. It knows also that Russian Com- munist groups neither work nor can work independently, because any pol- itical organization whatsoever in that country is Subject to the Soviet Goi- ernment. Gradually the world is becoming a- ware of what t0 expect from the emissaries for the First of all, there is utter disregard for the amenities of international conduct. This is the of&tial side. Then, in more under- ground fashion, is the well -organized attack en everything that law-abid- ing Christian people hold in high re- gard. It is. a dangerous situation; but there is this consoling feature; Such forces cannot long continue their destructive work, Tee rest of the world Will not tolerate it, and the action of Mexico Is but another evid- ence that the time 'le approaching when the Moscow iconoclasts will not be wanted anywhere , 'rThe Globe". 'this country toward marriage, divorce, religion, birth control and the status of the housewife. The thousands of replies received tt the questionnaire on these questions are now being analyzed by the Communistic Aead• emy. A recapitulation of the answ- ers and the conclusions to be drawn from them will be publislSed in book farm in the autumn, It is belts pra• pared by Prof, Seigel Suvoroit, who has allowed the correspondent access to the material. This shows that the ' number of divorces In Russia is tremendous, Variety Salad Dressing Beat together one teaspoon each of salt and vinegar, three tablespoons vinegar, three•fourth5 tip of oil, pa- prika'to taste. Ada two tablespoons each of. catsup and chopped pickle and oneteaspoonn chapped'onion. et--. Travelling at 120 m.p.h., Kaye Don, at Brooklands, England, . killed a cat. The force et the impact at Ills speed bent the steering track rod, which is an Ince an,d a quarter in diameter. Meets of the anaesthetic. The inquiry will include els death. Officiate are working on the matter and -will eon- tinua to do so for some time, Fur Collars Collars of fur that may be pur- ebased and attached to any coat or suit are a boon to the woman who has her costumes made by her favor- its dressmaker or tailor. Shawl and crush collars nicely finished and in- terlined are shown in a great variety of furs to meet all purses and include lapin, opossum, caracul, krimmer, Persian, beaver, squirrel, wolf, fox. bariger and ermine. Enamel or Paint Cleaning C ernian Pair Still On Lonely Island Scientist and Woman Com- panion Living "Natural Life " Berlin—Reports that Dr. Karl Rit- ter and a young woman companion were still subsisting, on uncooked foods on a small Galapagos island in- habited only by themselves were re- ceived with uncommon interest by a Berlin schoolmaster. For the woman is the gchoolmas• ter's wife, Mrs. - Hilde Koer win, -26. She left her husband to accompany tb'e 45 year-old physician and scien- tist into self-imposed exile on the lonely Pacific island last July. u,rord was received here some time ago that she lost her life when Rit- ter's sail boat capsized near Charles Island another of the Galapagos group, but a Chicago yachtsman radi Sed this week he had found them , both safe on their lava -strewn isle. Mrs. Roetw3h had been a disciple and patient of Dr; Ritter here. He had little difficulty persuading her to join him in his backto-nature venture. They took with them delicate physio- logical instruments to measure the effect of the "natural llfe" on them- selves. Ritter was a born recluse, investi- gation disclosed. For years he led a Crusoe-like life 'in the beart of Ber- lin. els made all his own clothes\ and raised oats in a bed in his tiny eat so ha could make his main food, porridge. Before going to the Galapagos is- lands, -there Charles Darwin once spent profitable clays seeking "miss- ing links," Ritter had all his teeth pitlied and a false set—made of stain- less steel—substituted. He said the steel teeth would re- sist deterioration in the equatorial heat. Pias was importeut, he ex- plained, because the experiment awaY from civilization might last for Years. For Sports Wear While we have had tuckin blouses for several seasons and they have met with approval in sports wear, ' they are increasingly fashionable. Sieuee weld lines ate in the mode, tuekin blouses are logical. Changing from a dreap that defines the waist- line to a tuok-in blouse is not so radi- e&5 tete season as it was last. New blouse materials 04 able in Paris are men's silk ehirtinge, plain ante satip striped, Roman striped si it , geo'gette and printed cfiiffo t, plain elope, and satin. "T4ie evidence of lien's evolution from an ape -like being, cbtained from a study of fossil remains, is definite and irrefutable,'—Sir Arthur Keith. Mix a tablespoonful of size and a dessertapoontel of borax with a little; cold water, Then stir in a quart of boiling water. Rub the paint with a soft cloth dipped in the liquid, and! I y$u Will find it cleans excellently ; Rhipe with a ole wrong out in Olean Extrme cold in Quebec city has .pressed this enusual looking water. cants and keep teem in arder against fire oldie. Record of Races In Year 1929 More Than £729,000 Divided Among Owners in England Many interesting facts concerning the 1929 flat tubing season emerge from a report issued in England, the Principal of which are given below. They reveal a definite "come -back tc favor for racing under jockey Club rules, and it is fairly safe to prophesy that all past records will be smashed in 1930. The statistics show that more than three-quarters of a million pounds -were distributed to the owners of win- ners, 'not including prizes to second and third horses. There were 1,961 races run, an in- crease of fourteen over the previous season and a record to elate. The prize money shows a slight diminu- tion, from 0 782,000 to 0765,300. These totals include English and Scottish racing, but not Irish, which has shown a steady decrease each year since 1924. • The total value of stakes to the winners during 1929 in England was £729,000, Two -year-olds were allottel $218,5560 of this amount. 'The total won in handicaps was £243,567, selling races other than handicaps, £26;468, and weight -for -age races £241,411, "` " More than 4,600 horses ran under Jockey Club riles last year. The number of two -year-olds decreased by 146, but the number of four -year-olds and upwards showed an increase of 105 over the previous season's figures In spite of the falling off in the number of two -year-olds, the 606 races confined to them show an in- crease of twelve over 1928. Four hundred and ninety-two of these tee juvenile races -sere over a distance of less titan six furlongs, ouly seventeen of them being run over one mile or more. UNWORTHY PEOPLE If only heroic deeds were greeted with applause, if only inspired lead- ers were summoned to command, if. only capable men were set in 'high places, if only the vyirtuous of earth. won our affections, it' only the desert-- ing beggar received the penny, this world would be a sorry place. For it Is one of the most compensating truths in life that we constantly love and reward and trust unworthy peo- irle, and so, sometimes unknowingly, help them to batter things,—Frank Piersr Tebbetts, "To be Aron enough to be able to afford to ee shabby is to be deprived oe the ,paver to yearn for 'fine tea titers."—Fannie Hurst. Snow and Ice New Zealand Art Hold No Terror To Get Big Boost For Arctic Pilots. Teehnaca o ege l C ll to Aid int,.. Skis, Installed : in Place of Wheels,,Malfe Take -off and 'Landing Easy Task Portable Hangars Needed Snowicovered landing fields that have dideouraged pilots in this tem- perate region during the last weeks would present no diffieulttes io the real cold weather aviators. But nearly all of the flyers who un- derstand the trine of taking off and' landing with sloe instead of wheels, of keeping the oil from -freezing in the feed pipes and of sthrting and Warming up an engine ler a tempera-, ture far below freezing are flying in our northern wilds, where these con- ditions obtain for months at a time. In the far north dog teams ,aro giv- ing way to planes when speed is es- sential for a trip across country, and planes are flying from snow end ice run -lays. One difficulty that bas to bemet in the polar regions -1s the effect of ex- treme colo upon the motor. Some- times it has been necessary to keep a stove under the motor, ` .. A portable hangar is a necessary item of equipment. This is a three- sided wood and canvas screen to pro- tect the nose of the plane. With the ship headed up wind and the hangar in place the motor -is protected from the bitter gale, and a heavy covering- over the engine will keep it warm for some time. Sometimes the hangar is built with blocks of ice. - If a pilot lands where there are Eskimos experienced in ig- loo building he can get a hangar built in the approved fashion of 15510ason- ry. Sometimes, however, it is -warmth that gets the cold weather flyers into trouble. More than once a pilot has left his phip parked on the ice cover- ing a lake or river 1n the belief that it would• be perfectly -sate and return- ed to fin dthat a thaw had started, the ice thinning, and the ship had fallen through. , The runway for a landing or take- off offers difficulties only„ when the snow is so rough that it might break the skits, or so soft that they would sink into it. If -this is the case, the runway must be made smooth or dug out, For emergency landings in most parts of the north, however, a pilot usually can And a lake from which the snow has been swept by the wind. Customers Easily Found Air' transportation In the Arctic finds customers easily. A11 types cf business make use of planes in the North, either to send supplies' and mail or to send men to outposts. Prospectors have gone to their fields by Plane in a fraction of the time taken on foot or by dog sedge,' and planes have kept them supplied with food and carried out their gold and silver, Prospectors have even used planes to hunt fur new fields. After a preliminary survey by plane, during which areial photographs are taken, men afoot prospect the most likely territory. These commercial uses of airplanes in snow-covered territory are in addi- tion to the regular Canadian air mail service, branches of which fly under these conditions. Little Known Here Inventor of Tin Hat Leaves Estate of $90,000 London—The inventor of the steel helmet, known to soldiers as the "tin hat," which mast have saved millions of lives during; the war, Ieft only $90,- 000. 90;000. Ile was Alfred Bates, aged fifty-six of a Halifax firm of art metal workers, He died while bathing at Bourne- mouth. The "tin hat" was regarded with more than affeoteon by the soldiers In the trenches, fes before its adoption the casualty list from flying shrapnel was formidable,. Colonel Beekles Wilieon in his book "From Quebec to Piccadilly," tells how in 1917 ,General Sir Arthur Slog - get showed him the flret "tin hat" The colonel adda:— He said that at the outset be went tet Kitchener and earnestly advocated le adoption. Ile talked for nearly fortl>' minutes as eloquently and earn- estly tie he ever did in his life. At the end of Its harangue Kitoh- 9aer, Who bad never moved, took out hie watch and slowyly, "Slogget, do t7ou know you have been talking ---- nonsense for 40 minutes?" A. great many ex -soldiers still keep. thele "tin hats" as ivar souvenirs, eh.d is some homes they base been 8on'rerted into ?OSA ;bo-- L. ' Baked Potatoes To make your baked potatoes more est and luffy, run the tines of a. fork kto them before you put them ' into the oven. This will let out thesteam and make a more delicious beltel po- tato. It will also prevent the potato tram bursting. Reviving Ancient Culture of Islands—=Comlion Conception of Grotes- que Figures in Na- tive Art Criticiz- ed by Writer Auckland,: N.Z.—Wide use of Maori art motifs in Durope and elsewho is foreseen by James, °deem, umbo itf. the new quarterly magazine,. Art 1nj: New Zealand, describes how the oldi conception of Maori art as involving mainly barbario subjects, such as fig- ures with grotestcfue heads, is giving;: place to a new lmowledge of the beauty and grace of.many,old forme of art craftsmanship on the islands. . no art culture of the Maori, he.. , - declares, is afield engaging the syms pathetic study not only of "pakeha"•; (.white) ethnologists but of artists,.' architects,. house decceators and nth„ ei's, who see in the "whakairo" of old New Zealand a rich store of artistic,!' inspiration. he wood carving andl Painting, and the weaving, plaiting;, and reed work designs evolved by the, Maori from his study of nature con- stitute a fascinating study, he declar- ed. "We fall back on the Maori now,; for many of the artistic featureol that go to distinguish' these islands` from the outside world." Mr. Cowan points out that state -recognizes the importance of the study of Maori art and its -en- couragement in the Maori Arts and Crafts Board, which was established by Act of Parliament three years ago to foster the study of these arts, A' school et carving and other arts has been established at Rotorua, "the nucleus 'of a techniaai training col lege, which will show the country the way to a very wide application of na- tive art to the needs of architectural and decorative }work, European as well as Maori." Mn Cowan quotes a New Zealand artist as saying that "Maori decora- tive designs,with their opposition of lines and spaces, their ,rhythmio sequences of curve and counter curve, of thrust and counter thrust, of balance and. counter balance, are expressive of the vitality of 'both 'pakeha' and Maori,' "The forms used seem to be the natural representation of our environ- ibent, They are the essence distilled from our surroundings." A feature of the old craftsmanship, says Mr. Cowan; was the sureness and sym- metry of every design. The direct- ing Maori artist and the artisan must have had a wonderfully correct eye.: The expert who superintended the hewing out of a canoe from a tree scanned it from bow and stern, and so true was bis eye that when the canoe was launched it sat the water like a duck. lir. Cowan also remarks on the good sense of the Maori in not allow- ing decoration to interfere with use- fulness. To carve the blades of pad- dles,, as come do who cater for the tourist trade, is wrong. The true carver would decorate the handle but net the blade, for that would make the paddle less useful. The Maori carved even his bird snares, his canoe balers, and his spades, but never in such a way a to interfere with their usefulness. A Gigantic Hoax Cape Argus: Itrhen lir. Hoover de- cided upon a full end complete inves- tigation of the activities of Mr. Wile Liam B. Shearer at the Geneva Naval Conference of last year, he little thought that the chief result would be to make a whole continent lock with laughter; Yet if the inquiry end- ed on that note, it would not perhaps be a bad thing for the world at large. International affairs are solemn enough in all conscience. It is right and proper that they should be so, (considering the treineldods issues that often bang upon what may seem et the moment quite a trivial eblsode. But it is just as well to be reminded at times that the comic spirit, the sat;-• (Ionic laughter of the gods, is eve. present In great things as well as small. Ri$Idle-Me-Ree My first is in night but not in day; 1017 second in music but not in play; My third is 3n flue but not in hoarse-' My' fourth is in CON but not inharsel! iffy fifth 18 to gentle but not in rough,! sly sixth is in sleeve but not 10 cuf0 My whole's seen in winter and 'ti's • strange to view; It grows upside down and it lives like that, tool Answer: Icicle, Suede Popular • The fbnal'ensemble note in the after- noon costume may well be tllo0'bag and clippers of similar material, color and design. Suede in,lilack,or brown is euocessfa1ly employed in the dres- sy envelope bag and single strap higk healed slippers. A clever idea shows a strap slipped through a metal cis- °let simulating a bow, -used on both the bag and shoes. a GOD ,.. "Whatever ,exists, exists le Go..; When taking baked potatoes from "anti nothing can exist nor be coned b- the oven, give oh a Tittle squeeze to burst the she Thio also Tete the "Favors annoy me, advantages die- t' steam esoape and Prevents a soggy coMfort me, privileges humllleke ms." potato. Andre Glue.