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The Seaforth News, 1931-06-18, Page 3THURSDAY, JUNE 18, 1931 THE SEAFORTH NEWS. GOLD. STANDARD ADEQUATE. The ve r'd need not abandon the ' -'gold standard nor is it es'sential that prieee shouldelse, sharply to res'tore ,pro's'perity, to the`b,tusines's world, de- clones Mr, Ohalune'rs, editor of the Fin'an'cia1 Post: Dlo'wnward re'adjus't- nbent of wages, deflation of land va- lues, realignment of intern'a'tional fi- nancing and freer international move- ment •of securities and service values,. and quicker retadljuistmienIb of retail'. prices were put forward as possible stabi'liz'ers of the business and ee'onio- tnic situation. There is plenty of gold in the world eo sup'port a higher bevel of prices, or price equilibrium, if it were - •efftec- tivlely' used. 'Phe real 'trouble, is that international channels of trade and fi- .ndawce are frozen up and require pow- e'nful int'erna'l toe breakers to get tto work. There are to.o many barriers , to the free flow of securities a'nd. Working capital throughout the world. "War debts constitute one barrier. If international political' o'b'l'iga'tions must ' ultimately the scaled do'w=n, I. am sure .business men and bankers' can bring suffi'cien't. pressure to bear to effect this. But merely writing off po'litic'al debts without reforming national extra'vagan'ce or rebeillding the intern'ation'al monetary and ban'k- iieg systems would be useless. If antfffiofal attempts to control price's can .be ended, then prices of a1'1 com- modities and services will find their natural 'level, equil'ibriunm, will be re- stored and prosperity will prevail again. The general level of prices hats touched the bottom but there is still' lack of equilibrium in prices for wages, services and cap'i'tal, and in production and ul'tima'te prices.". SOLLOWAY AND MILLS FOUND NOT GUILTY. T. W. C. Solloway and Harvey Mills, former heads of Solloway, Mills and Company, were acquitted Thurs- day night on charge of 15 counts of theft from eight former clients. When the verdict was returned at the close of the seven-day trial! at 10.- 30 .p.m., after four hours deliberation by the jury, 'Solloway almost -collaps- ed, while Mills retrained calm, .For about a year and a half the two brokers have faced trials, first in On- tario. then in Alberta, :and again in Ontario courts. A further trial awaits them in Brit'i'sh Columbia. They were c'ha'nged with 13 counts of theft from eight former .client's of 19 certificates representing 3,595 shares of mining and oil stocks. Certiifieates had been deposited as ea11a'terial security to co- ver margin; the 'Crown claiinsd the accused had converted these certifi- cates to their own advantage or to the advantage of the company. !Addresses by the three counsel oc cu'pied the whole day tip to 4:10 p.m when His Lordship commenced id charge, Opening his summing-up Mt. Justice -Garrow stated -that th jurors were to consider nothing bu. what they had heard from the wit nese box. He did no't know ;whether they laud been affected by,the stock i market or what their opinion's of,bro- kerage practices were, but whatever they were, such opinions were to be set completely aside in considering, this case, ' ;The gates'tion at issue was whether the vivo men had taken the certificates and c•o.niverted them fraudulently .to their owe use, he said. There were 15 ooiurts, but he -did not knotty that there were any parlticullar circgnt s'tan'ces d'ifferentiatintg them as far es the manner by which the certilfitcates, came into the possession of Solloway, Mills and Company was concerned. "'It is ,true, T think, that none of the customers connpl'ained at any time; alao'that eaoh customer got back certificates corres'pon'd'fng to the am- ount of stock shown being carried for hint;" His L'ords'hip Continued. He reminded the jury of S'olilo'way's letter to Mills. mid Statz advising them. to go s'h'ort all across ...the board, and that Mills had come into the con- cern after Solloway had originally adopted the firm's 'policy. In this re- gard, he pointed out that knowledge' of what was going oh must be prov- ed against Mills and Soli•owap. It was sufficient if it were proved that the plan- existed and was acted ulp'on with the kn'owledige' and approval of the accused, he said. His Lordship declared that there was actual conversion of the stocks on hand if there were not enough to supply the demandtsof all cua- tomer's As to the relationhs'ip of the Dont- inion Company to the Ontario 'Con- pany, it was suggested that the trans- a'ctions in question' were merely loans 'from the Ontario 'Company- ,o the other. I't was for the -jury to decide whether this organization of the two companies was.a subterfuge to enable that to be done, or whether ithe•se were genuine loans frownt one com- pany to the other. "So if you find these transaction's were not loans but - actual outright sales, then I tell you that so far as II recall the evidence there was nothing to admit thatt in the' arrangement made between customer and broker" Even if there were cash in the bank from the sales of these certifi'oates, it w'as' none the less 'conversion if .the centilfica'tes on hand were riot suffic- ient to meet the requirements of clients, he added. • 'Dhe defence had been raised that these men had already been tried on the same charges substantially. His' Lordship continued; on conspiracy tie) defraud . and bucketing. But these. were not the same as the charges with which they were naw. Faced, he stated. Concluding, His Lordship said that Mills had "undoubtedly not been as active as Solloway," but questioned if - it would. be fair to say that Mills did not know as much about the com s pony's affairs as Solloway after occu- eying the position he had for 'three e years. HURON COUNTY MEN RE- CEIVE COVETED AWARD At a meeting of -the board of inves- tigating governors of the' Royal 'Can adian Htemape Association which was held at Hamilton fast week and et - tended by Captain 'George J. Guy, M. J., Overall, A, G. Bain, F, ,F, Trelea- ven aed H. E. W'aiteensan, awards were granted including the following: INlorman Barnard, 'Blttevale, Ont., farthe rescue of 'William H. Town- send from d'ro'wning in the Maitland river, 'Bluevale, one junre 3, 1930, !Willson '.Thornton, Bluev'ale, Opt., for assisting in the rescue of 'William H. Townsend from dnoweiig in the :M'ai'tiand- river, Biue'vale, Ont., on June 3, 1930.'' Herold F. Lynn, Clan'd'db'oye, for the rescue of 'George MdEwen from drowning in the Aux Saub1e ri- ver, Cl.andetb'oye, Ont., on Jeune 27', 1930.. John 'W. Penni-nig, Dundas, Ont., for the rescue of George Hillier from drowning inrthe creek at McMurray street bridge, Dundas, Ont, an Aug- ust 241 1929. !Stuart Kirk, Welland, Ont., for the rescue of John McLean from drown- ing in, the Welland can'a'l, Welland, Ont on Feb. 20, 1931. Lloyd Hoamkine Cains'vil'le, Ont., for t'he rescue of Robert Hunter, from drown'in'g in',Fairch'ild's.'Creek; Cains- ville, Ont„ an Feb. 7, 19311. Corbett Agnew, Owen Sound, Oat., for the rescue of 'Cameron McMillan from drowning in the'Sydenh'am riv- er, Owen Sound, Ont,, on. Dec. 13, ,1930. !Fred Hodgson, Aqueduct street, Welland, Ont:, •for assisting in: the rescue of Roger Vasey from drown- ing in the Welland river, Wellatrd, Ont., on Feb. 14, 1931. • John Down, Fitch street, Welland, Ont., for assisting in the rescue of Roger Vasey from drrowning in the Welland river, Welland, Ont. Want and For Sale Ads, 3 tines 50c Lady: "Have. you ever been offered work?" Tramp:. "Only once, madam, !Aside from that, I've met 'with nothing but kindness," Hudson 'Star. "What a lot of friends we lose through their borrowing money from us." "Yes, it touch and: go with most of then," PAGE THREE' `. BLANSHAR , BARN :BURNED. On Tuesday :night fast robbers ran- sacked the horse of Clarence Gun- ning near Woodham, in IB•lanshard township, and then set fire to the barn which, together with stock and contents was totally destroyed, At the time of the robbery and fire Mr. and Mrs. Gunning with their family were at Granton attending a wed -ding anniversary at the home af. Mrs, Gun ning's parents, Mr. and Mrs. Geo, Squire. The house was ransacked ulpstairs aitd downstairs. the dresser drawers Being taken out . an'd the contents strewn around the bed'ro'oms. Rooms were similarly upset in other parts of the house. Two gold' watches, cloth- ing eyed' a small sum of money were taken. Three calves and about 150 mens were burned to dearth in the blaze which razed the barn. . In addi- tion several 'farm implements we're burned, also a large stock of hay, cut straw aed grain. The total loss will be c•o'nspd'erably ,over $5,000. Mr -and iefr's Guumfng in company with their family left by nnotor about 6:1-5 (Mock for Granton where they had intended to spend the evening, th:e o'ecasion being the wedding annivers- ary of Mrs, Gunning's parents, Mr. and Mrs.: George Squire. 'Wien they left the 'farm they left the hired mean, William •Colem'an, the sole occu'pa'nt. About an hour after they had gone, and Mr, Coleman had finished a few obores he also left the house to visit at a neighboring farm, that of Richard 'Hod -gins. • It . was about 8:40 o'clock that Mr. Hodgins noticed ;a red glow near the Gunning barn and soon afterwards flame's shot skywards. Mr. Iilodgins had gone into the barn and was able to get out one call. and also was able to .get out all of the pigs, fifteen in number. The flames bad grown so intense -that he was forced to leave the burning structure. Mr. Coleman had .been visiting at bis house at the time the fire was noticed and he had been there ab'out an hour. Mr. Hodgins said that when one of his sons hail gone to the house to tel- ephone for assistance, the do.ar was opened and it was then discovered that. the house had been ransa'cked.. Goldman said he had locked the doors when he fait. No ''liglbt of any kind lsad been in the .barn for months, and it was no't wired, which leads the authorities to believe that the 'person Who robbed the house was responsible for the burning of the barn. The .watches which we -re stolen were initialled. Floridian (picking up a melon) ,"Is this the largest apple you can grow in your state?" C'ali'fornian --,"Stop -fingering that grape."--IRoy'al Arcanum 'Bulletin. "Hello, is that Mac " asked the voice at the one end of the 'telephone. Mac said it was. "Caine and have a round of golf," asked the first voice. len sorry," replied Mac, "but I'm afraid li can't. You see, I'm in half nousnnng." "Oh!" dubiously from the other end. Then brightly. "Oh, well, 'what about nine holes." Tatler. SUMMER IN THE MARITIMES The pictures show: above, the new Lakeside .Inn, the Q.P.R. hotel at Yarmouth, N.S.• centre: rho bathing pool in the grounds of. the Pines Hotel, Digby, N.S.: and below: the Algonquin Hotel at St. Andrews -by - the -Sea. Inset:a typical satisfied junior patron of Maritime sea, sand and sunshine. Sunshineandgleam- ing sands! The laughter of scamper- ing chil dhoodmingled with the organ -swell of the Atlantic break- ers as the cream onto the shores of. the Bay of Fundy! Here is holiday; health and happiness. All along � the beautiful coast 'f"alt of Nova Scotia are. countless watering places, whose names ,,,^ have become house- hold words among lovers of the seaside. Excellent hotels are at the disposal of visitors and the shoreward scene is no less lovely than its marine companion. The Anna- polis Valley needs no introduc- tion to Canadians or 'CO lbs countless American visitors. It. Ryyyw,gy,yfyg,�,,g,y has been rightly called Canada's < < .•: t.::.::• :<a, s ;:•:..,::.: - .:'m tefG..'afi":'.a :x.<'::.:::..+:,•,+, 3.1 s. ::::.:. ":>:: x.'•... •:::.:.:a.... .Ss .. :.. Devon,' with its flourishing orchards and pasture lands and its countless picturesque farms and hamlets. A few hours journey by palatial steamer from Saint John, N.B., Digby, with its Pines Hotel as the hub of activity, rivals Kentville with its Cornwallis Inn, and Yarmouth with its new Lakeside Inn, in extending hospitality to the holiday -seeker. Golf, tennis, bathing, fishing, yachting and innumerable beautiful motor drives are only a few of'the recreations available, On the New Brunswick mainland, father, as it were, to this stalwart family, the Algonquin Rotel, at St. Andrews -by -the -Sea, sets a standard of summering unrivalled any- where on the continent, 'The luxurious hotel, with its many attached cottages, is the centre of one of the most exclusive colonies of the Dominion. The golf links, known throughout the length and breadth of the country as one of the finest championship courses available, are meet namesake of the home of the royal and ancient game in old Scotland. The Canadian Pacific Railway places all these resorts within easy access of their many devotees. &t e by the Agricultural Committee that farmers should join the Board of Trade in the town near 'them and they, wotild find the towns were always friendly toward them: Reeve Rader of Hey Township said he was interested in horses chief- ly, The farmer's trouble was that lie got a small price for his product and had to meelt competition but had to pay at a ,higher rate for what he bought, which was not fair. 'The ten- dency was to centralization and even the farmers were buying in the cities and the mere good roads we httilt the more trade was turned to the cities, This condition should not be, but it was the case, He advised a young man if he wanted to see the world to dlo so when lie was 'young and lis ,could then be much better satisfied to settle down on the farm; He'him- self had gone West when a young man and afterwards had tried work- ing in London belt found that he was better off on a farm. Mr. Wright said he believed we were down near th•e bottom of the depression now and at present prices it was quite safe for anyone to lend a young man money to buy a farm on the securilty of the farm for the full purchase price and he advocated in- vesting in our awn comity in place of investing in Timbuletoo and quoted a case of a young farmer who had been helped in this way. Reeve Arm- strong wanted to know how this young man was getting along but Mr. Wright said the young 1312M .had just bought the farm this spring. Mr. Henderson, reeve of Morris, did not agree withl'Ir. Wright that the way out was by the farmer's own efforts. The farmer was being squeezed off the land and could a not kick the bars of hie prison down by his own efforts; some ane with a"key was needed to come and let him out. The system of buying must be chang- ed and the system of education must be changed also, for as it was now the whole tendency was to make the young farts :boy believe that condi- tions were better somewhere 'than in his own job. Co-operation had been stressed but where had the wheat, pool got the farmer and the govern- ments that backed .the pool? There s'h'ould be some way evolved to stake it possible to remain on the farm. The top six in'ch.es of the soil must pay for .all the war debts and every- thing else, and co-operation and in- creased produdti•on just meant that the farmer was going to make a little more for others to take away from him. Th.e -whole foundation of our system was still notch on the old idea that part of the people were to be slaves to the rest, Slavery had been abolished but the economic system remained unchanged and the farmer now took the place of the slave of older days. Mr. Wright said Mr. Henderson had been talking aboult the (farmer be- ing a slave. "I'm very glad to be a slave in that case," he said if the far- mer was going to wait for somebody with a key to !come and let him out he was going to' wait for a long time. Farmers hacl to depend on their own efforts. He advocated inve's'ting in. Huron County and so raising the as- sessment of the county. Reeve Armstrong of Hullet+t, the next man called on, said be was born on a faros, raised on a fare and had live all his life an a farts but would like now 'te get off it but did not know how to make a living or where to go to get a living. The farmer had to compete with the world and to look to outside markets for his export- able surplus and he could compete with the world'if he cool get the manufactured goods lie needed at a lower price,' but wool was 9 cents and Cloth was hligh. Reeve McNabb of Grey Township blamed part of the farmers' troubles on buying too much machinery and household equipment, He thought in many cases a fanner would be better off without a tra'c'tor as he could .plow more cheaply with a team, Farmer's had not been rising their own pro- ducts, The 1'Ienn'oni'tes did no't have manure spreaders even. Let a farmer go back to the way his ancestors did and he would be a lot more pros- perous. Taxes : were much higher than they used to be. His own used. to be:$18.and last year were $146, but we were responsible for that. Our road building policy. and other things theft we asked for raised the taxes. And the teacher in a school were get- ting too' high salaries, Where she used to get $750 now t,heg were re- ceiving $1,000. And he had found that one of his family teaching at $700 had earned more than the rest of them together, and he asked how does a school teacher gain the right to levy on the farm. He was apposed to federations to booelt salaries. Changed condli'tions had been bad for the farmer. He used to get out wood as soon as the work on the land was done and he alw'ays had a wary of raising money when he needed it in the old days by cl-ewing wood to tour. Now the people bought coal from the 'other side and the farm•er's wood was not in demand. He believ- ed the solution of a lot of our diffi- COUNTY COU'NC'IL DISCUSS AGRICULTURAL AFFAIRS (Goderich Star. The meeting of the Harron County Council on Thursday ev'enin'g to dis cuss agricultural conditions proved very interesting and some good sug- gestions cane out. Mr.' Wright chairman of the Agricultural A'dvis ory Committee, was chosen chairm'ai For the meeting and among his sug- gestions for improving the condition of the farmers was the establishing of a packing pla'nit, and an -other was for the Bell' Company at S'eafor-1i to branch out and 'manu'faoture agricul- tural machinery, which he thought they could do at lower price's than were now paid. The County of Huron was a' wonderful county but was go- ing to be just what we made it. And Mr. Weight adv'o'cated ad'vertis'ing the "Happy Homes 'and Good 'Butter" of Huron County' with signs on t'he roadways, so 'bha't travellers would be impressed with what we had in the county, "Warden Beattie was the !first Mr. Wright called on to speak and he ex- pressed the idea that we would not get over our depression until some'of the 'big manufacturers had made an assignment and a lot of smaller nian- ufacturees had started up. B'ig con- cerns'had big overhead and high sal- aried em'pl'oyees. but the small roan could manufacture more che•a'ply than the -big concern. Where a mann was doing the work himself he could 'beat otit the big fellow. He said he would sooner 'farm' bhan do anything else if he could get enough money but it seemed that the farmer had to work harder than others. Mr. Mclvibbon. believed' that Indus tries to manufacture County of Huron products was what we should en- courage rather than industries which would bring their materials in in the first case. Mr. Wright returned to his idea of a sugar factory for say, W'itngham. The eolith of the -county was too, far north 'Por can'n'ing products. He ad- mitted that at -the pre'sent price', of sugar a sugar factory would not pay but with Cuba curtailing its sugar prgdu;ction, sugar would jump in price, and there would be a wonderful chance for a sugar factory with a little co -.operation. Reeve Francis of Exeter said there was a Fee.ling that the attitude of towns was not friendly, to the farmer bet' this was not correct as -far as Ex- eter was concerned and the sane con- dition' was true of other town's. He' was glad to 'see the suggestion trade. culties was to stop fol'lswling the crowd and go in the other diredtion. Mr. Wright said a farmer would be better off ging plowing on his farts: instead of lo'okiitg for a job on the: - roads as the extra working of the" land would give 'increes'ecl returns. Reeve Eckert of 19;dKillap spoke briefly and then Mr, . 'ibrdLeod, the' county 'agri'cul'tural representative - Huron county was one of bhe 'best and had a lot of good farmers who• hacl made good money when times - were better, But ffarmers the last few' months had made more out .of same" lines than ever' before. 11 was ne- cessary to invest too much money in land and machinery, the cost of up- keep was high, cattle were not a pay- ing proposition, hogs and hens were - good, rents were high, produce was low,' all of which meant that the farm was not paying this year but things were no't always going to be as they are now, * * * * * * * * * * it * NEWS AND INFORMATION ' * FOR THE BUSY FARMER * * (Furnished by 'Ontario Depart- * ment of Agriculture.) * * * * * * * * * * * ty Women's Institute Work. A majority of the Women's Insti- tutes in Ontario are holding summer - meetings, which will be addressed by-- lecturers ylecturers from the .Department. 'Welt informed as to Institute aims, meth- ods and accomplishments, they war discuss with the officers and mem- bers ways and means of making the- local branch's activities more effect- ive. The Summer meetings are for the whole communities, where held, and branch officers are expected to'in- vite all girls and women of the com-- mmnities..The 'speakers will have ilia-- p'ortarit announcements to make re- • garding the services of specialists who:, have been appointed for such work: as household science, judging and, short courses, junior work, nutrition, clothing and housing. Plans have been made for instruc- tion in household science judging in every county between now and next November. 'Hon. T. L. Kennedy has announced that provision will be: made to bring five prize winners from each county and district judging competition to the Royal Winter- Fair in the fall. Two days' instruc- tion will be given at each centre • chosen. More Fertilizers Used: A greatly increased demand for - fertilizers for the 19131.1 crop season is reported, much of the business being• done on a credit sales basis. Thus it is apparent that the Department's policy off promoting fertilizers is bear— ing fruit. The use of fertilizers in farming has passed the experimental stage in Ontario and thousand's of - farmers are 'finding them' a practical: aid in reducing the cost of praductione through increasing soil efficiency.. When used judiciously they increase' yield and improve quality of (traps, adding materially to the cash value of production from a given area. It has become increasingly important today for a fair measure of 'success% that the farmer make use of every' possible opportunity to lower his• costs of production. The right use of fertilizers suited to particular crops : provides one important opportunity.. Fertilizer on Potatoes Seed potatoes of pure variety and' free from disease are the first requis- ite to a good quality crop. The soil must be well -titled and friable, well supplied with plant fibre or organic !matter so that air circulation may be at its best and water -bolding capace- ity at its highest. Pointing out that the crop must have a large supply of suitable plant food, O.A.C. officials% refer to potato fertilizer tests con-. ducted in 1930 which gave an aver -- age increase of 5,3 bushels per acre • ' where an adequate amount of fertil— izer was used, over parallel sections` without fertilizers. The hest results were obtained with 3-12-6 with ma- nure or clover plowed under and 4-- 8-10 -8-10 where there was not a supply of green or barnyard manure. The am- ounts used were about 725 pounds per acre. The average yield from 37 tests of 4-8-10 fertilizer was 249.5 bushels per acre, as compared with 178.2 bushels per acre from check'': . plots, or a gain of 71.3 bushels per ' acre from fertilizing. With potatoes selling at $1.00 a bag, the net gain, af- • ter deduction of fertilizer cost, was $30.13 per acre. Growers are caution- ed not to drop the seed pieces of po- tatoes inued•i'ateiy upon fertilizers, or the latter will enli lire seed potatoes of their moisture and injure their vi - talky, Fertilizer should be mix -e -d` with soil before dropping potato seed_ pieces, Farm Underdrainage Profitable. It cannot be boo often pointed out to the farming public that drainage - is not only immensely beneficial to farm crops, hut from a financial standpoint may be definitely profit - ting from Bulletin 360, a new publication put nut by 0. A. C., we find that "F'roni a fin'ancirtl stand- point ;underdrainage can be consid-' Bred as a long time investment— and unlike most other long time in vestments it will often pay dividends sufficient to return the original capital r in two or throe years" The 'benefits to be derived from underdrainage are. enumerated in full in this bulletin which is exceptionally well illustrated. Full information is given oh 'how to tile and how to cohstrilei outlets. tables for calculating- the size and number of tile needed, and the cost of excovating being provided also The bullet+.n may he obtained by writing to the Publications Branch, Department of Agriculture, Psrlia- nzent Buildings, .Toronto. — Let t tishave tine names of your visitors,