The Huron Expositor, 1939-09-08, Page 5a
0
a
1s
re
r-
3.
>2t
ss
aI
e-
a-
Ira
a-
n-
ee
as
Of
as'
ed.
Ig
Lr -
ho
ad.
w-
e2rt
ell
cls
alt
er
he
re-
rb-
sy
ref
cl-
ad
in
fe.
ho
a
:ss
Ctr'
res
ne
rid
ts-
'er
of
nd
to
ve
gm
rid
of
er
er
eat
ity
der
t
(Continued ben% Page 4)
Mr. and Mrs. Ferg. . Bullard, Betty
and Jack, of Kintore, Caned on
friends on Sunday.
Mrs. Bolger, of Walion, has return-
ied dome after spending a few days
with Mr. and Mrs. ,Frank Johnston,
Mrs. Eaton and Donnie visited Mr.
and Mrs. Peter McGowan last week.
Mises Vera Heist visited her bro-
ther, Mr. Elton Heist, of Gravenhurs't,
during ;the holidays.
Mrs. Gi1'l'les, Bruce and Isabel, re
turned 'home last week, after spend-
ing several weeks on the boat with,
Mr. Gillies on the lakes.
Mr. and Mrs. Foster Bennett, Billie
and Mona, spent the ,holiday with Mr.
and Mrs. George Eaton.
'Mr. Reginald Pryce 'left on Monday
for his school in Grey Township, We
wls'h him every success in his new
undertaking.
Mr. Samuel McSpadden deft on
Monday for Shakespeare. He has
been engaged 'as principal of the
school there. Befit of luck, Sam!
MANLEY
Quite a number from this district
sane taking In the Toronto Nation Ex-
hibition.
Mr. C. Eckert from Seaforth, Mrs.
M. Desborough from Dearborn, Mich.,
Miss Mary Beall and Miss Neldey
Desborough from Detroit, paid us a
FREE SERVICE
OLD, DISABLED OR DEAD
HORSES OR CATTLE
iiemoved promptly and efficiently.
Simply phone "COLLECT" to
WILLIAM STONE SONS
LIMITED
SHONE 21 INGERSOLL
PHONE 219 - ., MITCHELL
Seaforth Monument
Works
(formerly W. E. Chapman)
NOW OPERATED BY
Cunningham & Pryde
We invite inspection of our
stock of Cemetery Memorials.
SEAFORTH — TUESDAYS &
SATURDAYS
or any time by appointment.
See Dr. Harburn —Phone 105
EXETER: Phone 41; Box 150
STRATFORD - GODERICH
COACH LINES
SUMMER TIME TABLE
Leaves Seafarth for, Stratford:
Daily 8.25 a.m. and 5.25 p.m.
Leaves Seaforth for Goderich:
Daily except Sunday and hol., 1 p.m.
and 7.40 p.m.
Sun. and hoL, 1,00 p.m. and 9.20 p.m.
Connection at Stratford for Toronto,
Hamiton, Buffalo, London, Detroit.
Agents — Queen's Hotel, Commercial
Hotel, Dick House
1
flying Fikadit lot & now
Pall Wheat SeledAleg is f'11: "'lrrogrei8
and- 'with the irepiedr growth It won't
be long •eon:ling Up, The pasture is
good this fall, wll c& will erring the
live 'stook in in gaol, shape 'for— the
winter. The root 'crap promises to
be good and if we have .•no early frost
there will ,tile be a .lot of Improve-
ment.
.Messrse, Vincent and:' James Eckert
have lett to resume their ditties, the
former dml S'andwieh College, Ont., and
the latter in the Capusion College,
New York.
WALTON
Mr. Wes Hackwell, who has been
ill with typhus fever, is improving.
Mrs. I. Bolton, ,wrho has been very
ill, is slightly improved.
Mr. aiid Mrs. James H. Humphries,
of Walkerville, who have been visit-
ing here, have returned home.
'Miss Joan Wells and Larry Proth-
eron, of Toronto, spent the past week
with their cousin, Beth Shannon.
Miss Dorothy, Bolton, who has. been
visiting here, returned to her home
in Rochester, N, Y:
Mr. Will Bolton, of Rochester, N.
Y., spent the holiday with his mother,
Mrs. I. Bolton, and other friends.
Jack Drager and Mrs. K. Rutledge
and Evelyn, of Toronto, and Mr. and
Mrs. Mel. LaCombe of Detroit, spent
the week -end with Mrs. C. Drager.
Mr. J. Gill, of London, who has
been visiting his sister, Mrs. Ken
Ferg, has returned home.
Mr. and Mrs. Ken Ferg and Max-
ine spent the holiday with Mrs.
Ferg's parents, Mr. and Mrs. Gill, of
Loudon.
BRUSSELS
Brussels continuation school open-
ed Tuesday with the following staff:
Orville L. Drummond, B.A,; G. Maur-
ice Laycock, B.A.; Martin Murray,
B,A.; and 'Mrs. J. Wilton.
Mr. and Mrs. Ward Buchanan and
children, Joyce and Sonny, of De-
troit, spent over the holiday at. the
home of Mark Buchanan.
Mr. Donald Scott, of Hamilton, and
Mrs. D. M. Scott visited with' rela-
tives here over the 'holiday: ee
Miss r Lowery spent the holiday at
her home. in Seaforth.
Mr. Herb. Seamen and sister, Luel-
la, of Owen Sound, spent Sunday
with Mrs. A. N. MacDonald. Mrs.
Seamen returned home with them.
Mr. and Mrs. Len Admans, of St.
Catharines, visited in Brussels over
the holiday.
Mee and Mrs. George Calback, of
Haileybury, visited with friends in
Brussels over the week -end.
Mr. and Mrs. Lloyd Jackson and
children, of London, spent the week-
end
eekend with Mr. and Mrs. H. L. Jackson.
Mr. and Mrs. Fred Wood and chil-
dren, of Detroit, spent the holiday
with Dr. and Mrs. Hamilton,
Miss Viola Wilson, of Detroit, vis-
ited at her home.
Mr. and Mrs. James Turnbull, of
Guelph spent the week -end with
friends here.
Mise Mauda McCracken was in To-
ronto.
"Did you know that a man was re-
cently arrested through a photograph
sent by radio across the Atlantic?"
"A man with a face resembling a
wireless photograph of his face de-
serves to be arrested."
Regarding Car Parking
TOWN OF SEAFORTH
Victoria Park will be lighted and available for .
parking on Saturday nights for the balance of the
summer. Shoppers and visitors are welcome to use
these parking facilities and avoid congestion on
Main Street. '
Police will supervise as far as possible, but
motorists are requested to lock their cars, as the
municipality will not be responsible for any missing
articles.
PROPERTY COMMITTEE
F. S. Sills, Chairman
Farmers !
Gasoline ► t
We are now equipped to supply
Farmers of, this district with
Gasoline on short notice, and at
a price that is a remarkable sav-
ing.
"MAJOR" GASOLINE --Per gallon 13c, plus tax
"BLUE STAR"—Per gallon ....1 5C, plus tax
We Do Nat Carry a Third Grade Gasoline
Phone 323, Seaforth
AND OUR TRUCK WILL CALL
GOOD RICH OIL CO.
i�[ egi ;, o. tuh�l`i n X+xa l iitf'to Ga'+t::..4`6 � 'v,,, n'.�:f.�'�+ ,dra.da k s
tl
4''
dal -;i h'!�:�•
The Bank .
Has
•
(By Roy Hopkins in Saturday Night)
The story of the Bank of England
is ao amazing one. For over a cen-
tury the venerable Old Lady Of
Threadneedle Street remained squat
and .skid In appearance. Then a few
years ago growing pains became
noticeable and under the tender care
of most respectable doctors in the
guise of architects and btiilders the
old lady blossomed out into a grand
edifice More beetling ;the activities of
an institution dealing with t he
world's financial affairs.
It seem's strange when reflecting
on the importance of, and many ram-
ifications of this great Bank to recall
that in .the first place its formation
was purely by chance. The surprise
was equally shared by the financiers
of that time for only a few years pre-
viously the government had definite-
ly rejected proposals for establishing
a national 'bank. -
Birth of,, the Bank
William Paterson, the versatile
young Scotsman who had been the
prime mover of other schemes for
organizing national ;loans; was called
on to put forward a scheme.
Paterson was annoyed that the
urgent 'deman'd for money by the
State had alone caused the need for
a national bank, for he had pressed
his measure as a method of reviving
British trade then sadly depressed.
But here was., an opportunity for his
wonderful organizing ability and he
agreed to draw up a plan.
The first step was to raise a capi-
tal of £ 1,200,000 of which the govern-
ment was to borrow 11,000,000 at an
interest of eight per cent, per an-
num.. There were many sceptics
gathered round Mercer's Hall, the
birthplace of the bank, where on
June 21, 1694, the lists were opened
for subscriptions but there were also
others who had faith in the venture.
Twenty-five per cent. of the required
amount was found 'almost immediate-
ly, and in ten days the whole amount
had beers promised.
It was perhaps largely due to Wil-
liam Paterson giving his support
that the scheme was so far success-
ful, for despite his adventurous spir-
it and restless character, many placed
implicit faith in practically all his
under takings. Dame rumor has given
out, and not without good ground.
either, that William was not above
indulging in the gentle art of piracy
in the Indies when the occasion de-
manded. A truly strange occupation
for the founder of the Bank of
England!
The affairs of the Bank were car-
ried on at Mercer's Hill. But within
three months a move was made to
Grocer's Hall. The bank, 'however,
was not at all firmly established and
sinister rumors were a constant
anxiety.
Bank's Difficulties
Even though tee Bank had .been
appoid d as the national money-
lender it was' granted no monopoly,
and" in 1696 the government threat-
ened to set up•a rival Land Bank.
Had ia not lacked adequate support,
such ah opposition would certainly
have brought disaster. As it was the
alarm caused a fall in the value of
its stock from £107 to £82.
Meantime the coinage was suffer-
ing at the hands of "clippers" and
the government's loss from filed or
clipped coins frequently amounted to
50%. An Act was passed for restora-
tion of the coinage, but as the new
issue was not completed for three
years, and the old coins had ceased
to be current, there was such a short-
age that the bank was obliged to
limit payments to three per cent. of
Tested
Recipes
Following are some recipes for to-
mato cocktails:
Tomato Cocktail (No. 1)
18 ripe tomatoes
1 cup chopped celery
le cup chopped onions
2 -tablespoons vinegar
3 sweet green peppers
1 sweet red peper
2 tablespoons salt
i4 cup vinegar.
Mash and cut tomatoes, but do not
peel. Chop the peppers finely. Mix
tomatoes, celery, onions, peppers and
salt together, Boil for one-half hour.
Strain througe a coarse sieve. Add
the vinegar and sugar. Seal in ster-
ilized jars.
Tomato Cocktail (No. 2)
1 bushel tomatoes
1 small head celery
1/4 cup vinegar
la teaspoon w'h'it&, pepper
1 cup chopped onions
4 teaspoons salt.
Boil .all together for 20 minutes.
Strain', .and boil five minutes. Bottle
and seal.
Tomato Cocktail (No. 3)
1 No. 2 half -can tomatoes, or
1 pint jar home -canned juice
i
te'aspo'on salt
1 teaspoon minced . onion
1 tablespoon minced celery.
Mix all together and let stand at
least one -hour. Strain and chill tee -
fore serving.
Tomato Cocktail (No. 4)
1 No.. 2 hal-can tomatoes
1/a teaspoon minced parsley
3 -cloves
1 teaspoon salt
teaspoon white peper
1 teaspoon minced onion
teaspoon vinegar.
Add the ingredients to the tome,
toes, boil together five minutes, strain
and chill.
F7niployer: "Um -ram! So you want
an increase in wages, do you? How
did you get that eye?"
Office Boy: "Please, elr—s'orme-
'bod'y tailed you a tightfisted old skin-
flint,
kinflint, and naturally I resented it."
,(He got his in'ereasie),
a
the amounts payable.
Anxiety was also caused by the
governimea'f a centi.nuedi demands for-
money- And vrhen the State could,
borrow no .more. it urged the bank
to increase its 'capital. All these
unsa tiefeetoiy situations led the bank
to demand a anonopoly.. This 'was
granted in 1697 and the bank was
thus ,gar protected against rivalry of
an opposiVion. hank.
The Swathe Sea Bubble
The offer of , the South Sea Com-
pany do 1720 to take over all, 'the
debts of the State brought another
'panic to the bask- The bank en-
deavored
ndeavored to seelike favorable treat-
ment • by, offering generous terms to•
the government, but the proposal was
rejected. Meanwhile the South Sea
Company's shares rose from £126 to
£2,000. Then came the great South
Sea Bubble cuash.
Public alarm caused a terrible run
on the bank but a number of wealthy
men gave it support. A ruse also was
employed to 'restore confidence. All
;demands were paid in sixpences and
e'hrillings, and a number, of supporters
who were in the crowd were served
first. These took their money and
going out one doter passed it to others
who re-entered and •paid it back.
Thirty-eight years after its Moor-
poration the Bank moved to Thread-
needle Street, and inci'd'entally re-
ceived the name which is now world-
famous. The exact origin of "The
Old La;diy of Threadneedle Street" is
not known but it is generally ,suppos-
ed that it refers to the dignified fe-
male figure which has graced the
Bank's notes for over two hundred
years. Some tell a strange tale con-
cerning the origin of the old lady
which is not fit to print.
The advance of Prince Charles, the
Young Pretender, in 1.745, was the
nexrf cause of alarm. The support of
shrewd . City merchants, however,
again averted disaster and six years -
'later the bank's influence had ad-
vanced srufficien,tly to enable it to
secure the ad'ministratioe of the Na-
tional Debt, the management of
which it has retained to the present
day.
Attacked By Mobs
In 1870, dura g the Gordon Riots,
the Bank was attacked by queerly
mixed London mobs, The clerks
manned the defence and inkpots were
melted into bullets. Assault after as-
sault were made and the attackers
carried off many dead and wounded'.
Fortunately the military were quick-
ly summoned and the mad throng
penetrated no further than beyond the
outer gate.
At the end of the eighteenth cen-
tury the Bank suffered through its
own inadequate provision for country
'credit. It refused to establish braneas
es in other towns and the result was
that other banks -entered the field.
In addition the war with France was
proving -aeseheavyG. strain, in conse-
quence of which gold payments could
not be resumed for twenty-four years.
In. the meantime the bank's notes
were regarded .. practically as legal
tender although they were not offic-
ially recognized be Parliament until
1833., The Bank Charter Act of 1844
was another milestone in bank his-
tory, setting down the principle that
beyond a certain amount no notes
could be issued 'unlet s the bank held
a corresponding surplus of gold.
Such briefly told is the story of
Britain's great National Bank. Like
other institutions it is a typical Brit-
ish product and defiles any label. It
is an edifice of contradictions. Called
a national bank, It is a private non -
cern. Until recently no banker could
become a director. It represents the
British Treasury hut no Treasury oe
ficial sits on the board. It also man-
ages the paper currency land does
it very well).
The Greatest
Show on Earth
P. T. Barnum called his circus 'The
greatest show on earth.' There is
little doubt that Barnum was the
greatest showman on earth while he,.
was making history.
After he died, there were many who
laid claims to his royal canvas robes,
many who aspired to his gilt throne
on a red circus wagon, many who
wanted to be the greatest showman
on earth.
Just who deserved the title is a de-
batable question.
Today, writes Larry Lawrence in
the Milwaukee Journal, a young man
silts on that throne, his right of in-
heritance and ability and the will to
fight for it. He is Jahn Ringling
North, 36. of Baraboo. Wis., and Sar-
asota, Fla. Standing beside the throne
is his young brother, Henry Ringling
North, 29. On the circus lot they
are known affectionately as "the
boys."
Barnum was 33 before he won out
in a financial dispute and created the
throne for himself.
John Ri.n'gling was 33 when lee
mtanoeu*ed a financial coupe and
climbed upon the t'hron'e.
Barnum made his throne glisten
with gilt by putting over Joke Helth,
a riegrees he claimed was 160 years
old and George Washington's nurse.
He splashed more and a better grade
of gilt on his throne by bringing
Jumbo, the biggest elephant on earth
tb Am+eri ea. You have to deal iii
superlatives in the show world. Com-
paratives are as weak as skimmed;
milk.
,--John Ringling North climbed on the
throne at33 and plastered ft with a
new awl more authentic coat of gilt
by getting Gargan'tnta, the gorilla, the
greatest animal attraction ever ex-
hibited. (Not the superlative),
Stashed At 'Traditions
J. R. N. shattered tradition this
year and put another coat of gilt on
the throne with a touch of modern-
ity. He gambled $180,000 to put air-
orenddtiemtnig in the big -top. He took
other sltashes at tradition, boo, and
matte the public eat it up. Ills is
the throne and he's going to sit there,
;rote Can bet your last two 'bits. And
'wile he Ma he's going to rule and
New irr Style, New in Patterns, New in Cole.';
These Suits for Fall •ark positively Beat'
made in drape, single or double bredst� r �esy
standard young men, regulars,,, shouts antbt tits :
Colors include Green, Slue, Brown, Grey, s in
wide variety of patterns. Trousers are pleated
top and equipped with zipper fastners.
SUITS
VALUES TO $23.50
ONE OF A KIND
The New Fall Hats are here! They're so different your old
hat will look funny: The crowns are
edge, welt, or bound edges. Colors:
Stewart Bros., 'Sealorth
keep on calling it "the greatest show
on earth." What's more, he's going
to make millions of circus fans agree
with him. It may be said that be has
saved the throne, for the circus was
dying in America when he skinned up
the legs of the golden chair and sat
down with a flourish that amazed the
show world and: made executives cf
a great banking and investment in-
stitution fall on their faces in aston-
ishment.
In 1932, after a long series of fin-
ancial reverses, John Ringling was
really fighting for his throne. He had
to sign over oil 'paintings anti oil
wale and railroad to 'bang on to this
rulership. The struggle was telling
on an old man. The worst blow was
a new general manager of the show,
forced on him by noteholders. He nev-
er got over this, and four years later
after a battle, he went to join his
brothers and Barnum. The throne
was vacant. There was no successor
to the Ringling brothers, to the last
king, John Ringling. •
In Non -Professional Hands
The circus was being run by bank-
ers, not showmen., A new president
was in the saddle. He wa.s not a cir-
cus man at all. He didn't even like
cats,. He threw out the trained lions
and tigers. It was said. It was a.
heart -breaker to many. And. espec-
ially it was a heartbreaker to John
Ringling North, nephew, who had
been named from John Ringling. It
was also a heartbreaker for Henry
Ringling North, J'ohn's brother. John
and his mother Ida Ringling North,
were executors of hbie estate. Henry
was a trustee. Ida was the only sis-
ter of the seven Rangling children a-
live. They agreed it wasn't right ,to
have bankers running the greatest
show on earth. John Ringling North,
born at Baraboo, Wis'., and a Univers-
ity of Wisconsin mann, also a gradu-
ate of Yale, year of '26, and an old
'hand on the circus lot, had tuffs eye',
on the throne. He may not have
been cocky enough at the tender age
of 33 to say he deserved to &it on
the throne Barnum had made gaudy.
and majestic,
John wee pretty clever at finance.
He was working with a Wall Street
Nouse when 'he decided to go get his
show. The investment Company that
held Ringling's note bad Frerved no-
tice it was going to foreclose. John
called in as lawyer and a banker. To-
gether they figured up that John
could lay his bands on $500,000 cash.
The banker was convinced that John
Ringling was entitled to the throne
and the canines robes. He rause bevel
been because he said, "John, If you'll
take the circus and run it, I'il lend
you $600,000 castle and you can go get
that circus back."
Saved By Five Days
It took every cent John could mus-
ter and ,he bad to put himself and
his mother and brother in hock for
more than half a Mil,)iou dollars.
Mother and brother rlaid, "Certainly.
Let's get our show back," And' Jahn
said to the banker friend, "Let's go."
Five days before the circus was go-
in.g to pass out of Ringling; hands en-
tirely John and a banker walked In-
to the investment house and laid $1,-
100,000 on the line and John said,
"I'll take the show, thank you." And
he has had it ever since. And be
has proved to the satisfaction of the
old-timers of the circus that be de-
serves to sit on Barnum's throne. So
John .Ringling North, of Baraboo,
Wis,, and Sarasota, Fla., a city made
great and" beautiful by bin• Uncle
John' is now, in the estimation of
many, "the greatest showman our
earth" and his brother, Henry Ring-,
ling North, who would have been
born in Baraboo, Wis., if his mother
had notdecidedon a Chicago hospi-
tal a few' days before his birth, is.
standing beside the throne himself,
as vice-president. And there are hun-
dreds of circus folks who say HemP%;
can rale if be has to.
ONE CENT a word
(minimum 25c) is
all that it costs you for
a classified ad. in The
Huron Expositor. An
Ad. that each week will reach and be read by mote
than 2,000 families.
If you want to buy or seH anything, there is no
cheaper or more effective way than using an Exposi-
tor' classified ad. Phone 41, Seaforth.
The Huron Expos%