Sherbrooke daily record, 14 février 1929, jeudi 14 février 1929

[" Sherbrooke Daily Record Established 1897.SHERBROOKE, QUE., THURSDAY, FEBRUARY 14, 1929.Thirty-Second Year, ION QUESTION TAKEN UP IN LEGISLATURE Stated General Booth May Continue His Fight In Court fhinksgmugAnd Armistice Days §11 fur ÏW0 FINANCIAL CORPORATIONS ARE ORGANIZED Rcvalutm Favoring Celebration of Thanksgiving Day With! jf Anaisthe Day cn November IA 11 Annually Defeated ia | %.¦ House Yesterday\u2014Resolution! * of Compton Member that Question of Granting Family Âî'ïawances Be Referred to Committee Was Carried.# « $ KING GEORGE IS GOING WELL (Canadian Press Despatch) J ^ 01 TAW A, Feb.14.\u2014A re-| J soluticn in favor of com-; Z bining the celebration ofi i's Thanksgiving Day v/ith Armis-j^ tice Day on November 1 1th an- ; ^ nually was defeated yesterday in : hi tA-.sociated Press Despatch) BOGNOR, Sussex, Eng., Feb.14.\u2014King George today experienced the warmest sunshine sines his arrival at Craigweil House, although its influence was largely counteracted by a bitter wind & which kept the temperature # Sir Herbert Holt, J.H.Gundy and Assodates Are Sponsors of All-Canadian Company, While Other Will Be of International Nature.Exclusion Of lulie From Old Age Scheme Has Been iiwieiigl MUCH PROGRESS â MADE RE REPARATIONS IMMIGRATION MATTERS TAKEN UP BY MR.C.LADUE NORWOOD IN E.T.BOARDS OF TRADE ADDRESS (Canadian Press Despatch) TORONTO, Feb.14.\u2014Announcement last night of the formation cf two large investment corporations with a combined capitalization of nearly $50,00,0,Odd, marks a new milestone in Canadian financing.One company, the Consolidated Investment Corporation of Canada, being formed by Sir Herbert Holt, J H.Gundy and associates, will be purely Canadian, while the other, organized by Nesbet Thompson and Company Limited, of Montreal, in association with A.Iselin and Com-i pany of New York and London in- & £ the House of Commons.Consequently.these two days will continue to be observed in Canada as two distinct features of national life, the one in acknowledgement of the bounties of Providence and the ether in hbmage to the memory of Can.\u2019dians who gave their lives in the Great Wav.The resolution was introduced by F.W .Gershaw, Liberal member fer Medicine Hat, who declared that it has the endorsement of the Canadian Legion, many branches of which had | approved the suggestion.A number : Chosen at Secret Session of High low.\t& The Royai patient is re- & ! terests, will be international in char-ported doing well.It is c\u2019fi- ^ ; acter.cially stated at Craigweil # j These developments in the Cana-House that he has had a * j dian financial world follow the regood night and that his eon- « | cent announcement by W.C.Pitfield dition continues satisfactory.& ! and Company, of the formation of pinion Expressed that Quebec ;^ ^ Needs Better Old-Age Pension Plan\u2014Allotment of $1,000,-009 to Province Instead Suggested fo?Charitable Purposes \u2014Debate Was Not Concluded > Labors of Reparations Cemmit ^ssjst;ant Superintendent of Department of Colonization, MAY MAKE ANOTHER .MOVE IN REGARD TO DISARMAMENT tea Advanced Far Mere Than Eiipestei\u2014German View Was Subject ef Yesterday\u2019s Discussion.(Acsociatac! Press Despatch) LONDON, Feb.14.\u2014ît was -Mayor Houde, of Montreal,!?!earn?d,ln well-informed quar-f,.J «r.\tr n , n ters today that proposals for Gives Views Oï Present-Day * a new approach to settlement Plan\u2014Clause Regarding Tir-!f oi t}T disarmament problem , ., r r\t.j\t:v may be made by the British port Also Lerore House.\tI* ~ (Associated Press Despatch) PARIS, Feb.14.\u2014The Reparations ; Committee after a hard day\u2019s work examining the economic conditions of .Germany, made appreciable pro Canadian Pacific Railway, Addressed Members of Rotary Ciub, Eastern Townships Immigration Society and Eastern Townships Boards of Trade on Colonization of Dominion.Government to * the United States in the near future.Q' jthe Canadian International Invest- ,\u2022 n\t.\u2022 tv/t t a r ! periods and yet remain within mot- * 1 (Continued on page 11)\t^T\u2019 Conservative ML.A.for ^rinff distanJe of the exec.jtTve\u201c0°^ ; riuli, brought on a debate on theifice.he did in his usual manner, ! His choice was made known yes- old age pension question, Thisltelday when he sent to Congress a , L\t.r\t, recommendation for $48,000 to es- namelv, by a motion for product- tablish the summer residence of pro- tion of correspondence between pert y now owned by the government.Quebec and the H ~ Commissioner Higgins Has Been Named Commander In Chief Of Salvation Army « Article II E.T.Boards of Trade THE present day problems of immigration were taken ,\t, ,\t.-\tup by Mr.C.LaDue Nor- i gress, the labors of the committee , .\t,,\t,\t, having advanced far more than was!v\u2018rooa summer climate for brief trict was stressed by Mr.Nor wood in his opening remarks and the advantages derived from a vigorous immigration policy, such as is being carried out by e non.Peter Heenan, Federal Minister of Labor.Debate Not Concluded The debate was not concluded, and will come on again during the pre- of speakers took pari in the ensuing debate, of which two, Major J.T.Thorson, (Liberal, Winnipeg north Ci ntre) and Col.G.R.Geary, (Censer-, utive, Toronto south) were former members of the Canadian Exped -tiomvry Force.Both of thase speakers L , .sad the suggestion Thanksgiving Day was usually associated with football games and oth;-r forms of athletic activity, declared Colonel ^ Geary, and he for one- would regret i if this element were ever permitted ! to encroach upon the_ sacred senti- j meats with which Armistice Day was! enshrouded, \u201cI would be sorry indeed,\u201d he said \u201cto see Amristdee Day degenerated into a public holiday.Let us always continue to observe Armistice Day as we have done in tbs past.Let us continue to celebrate it by a two-minute silence at eleven a.m.on that , day in memory of those who laidjL16 down their lives, and in memory of General Bramwell Booth.Higgins m ill sent session, but flashing out of came the suggestion from Hou.J.N.iFrancoeur, Liberal M.L.A.for Lotbi-! nitre, and Speaker of the Assembly ; from 1919 to 1927, that Ottawa i should be asked to amend the law I this federal session, in such a way as j to cut the Province of Quebec out \u201e\tn-r r w^vr-s^i\t^ the Senel'al scheme, but at the Oil S j Bm LIIOIbOEi ! sams bme pay this province a sum l-UUi m ülmtJlX \u201d.y-a -Ton Vf- he S'V , gested, m lieu of tha federal grants - - - \u2014\t! under the act.! Three Hundred Though! Dead,'.?on-Francoeur\u2019s speech was , C cc \u2022 listened to with deep attention and With i housanas ?Uiteringj inspect since it was immediately rec-from Frosibiie \u2014 Rome and | °sIlized that he had something of a Council Las! Night, Receiving HUNDREDS DEAD Forty-Two Votes Against Seventeen for Commissioner Evangeline Booth\u2014Action Followed Decision Earlier in Day that General Booih Was Unfit, j Because of His Health, to Continue at His Post.(Associated Press Despatch) ONDON, Feb.14.\u2014The Salvation Army has a new, commander in chief today its former commissioner, Ed- Paper Manufacturers Of U.S.¦ Want Higher Protection For Majority Of Their Products complimented' the report and said the E.T.Immigration Society, that he differed with Mr.Gilbert not; pointed out._so 'n V?figures themselves as j \"it has been my lot to have been m tne conclusions to be drawn from, intimately associated with immigra-em\u2018\t| tion work for more than twenty years,\u201d continued the speaker, \u201cduring which I have seen great development through colonization resulting from the influx of new people through immigration and I am firmly convinced that at no time has the assimilation of new people in large situation been more favorable for the volume, than at present.Canada Prosperous QUOTA CLAUSE YESTERDAY WAS BEFORE POWERS Another Postponement in Patting into Operation Provisions of 1914 immigration Act Turned Down Yesterday by U.S.Senate Immigration Committee.(Associated Press Despatch) WASHINGTON, D.G., Feb.14.\u2014Another postponement in putting into operation the national origins provision of the 1914 immigration act was turned down yesterday by the Senate Immigration Committee seven to four.Senator Nye, Republican, North Dakota, was author of the resolution for postponement.With the session drawing to a close, opponents of rhe national origins clause were endeavoring last night to formulate another plan to win soma kind of delay.Unless a postponement is ordered by Congress, the new quota clause would go into effect next July 1.The national origins provision would limit the total annual immi- >IT.LC Chan723 Since! Act Made It Essential Riviera Covered With Snow Claim Ecouy.1922 that Revisions Be Made\u2014 Newsprint Hot Included in List, Owing to Peer of \u201cNot Getting By With It\u201d\u2014U.S.Could Not Prodace Enough Pulp for Newsprint Needs.LONDON, Feb.ward 1.Higgins, of England.The deaths from abnormally cold j- .\t{ , r ,i a\ti weather m Central Europe alone immediate future of the Army, ; today ran ag high as 300i with other however, seems to depend upon thousands suffering from frostbiter (Associated Press Despatch) WASHINGTON, Feb.14, WC the deeds that have been done.' Would Change Date of Thanksgiving Day Comr actions of its former bead, land kindred injuries.Apparently, worse was in prospect, with suffer-ling acute, particularly in Southeast-missionr ITiggins was ern Hurope) from fuel shortage, chosen as the new general of the.Mines of Poland and Czecho-Slova-Army at a secret session of its kia were looked to for relief, but Major Thorson agreed with Colonel High Council last nigt, receiving'disJuPfcion °1 railway traffic has r-\t,\t4-Uof o HcTirntr! /\t-\t^ added even those countries to those Geary, ai.d s~ggeç>ced th~t f\ti forty-two votes against seventeen hardest hit.T /\u2014i \u2019 I* I-» o n la o- -1 -1 tQ O* WT ?Cr O T 11 o Cl f* -1 \u2022\t# .\t\u2014# 1\ti\ti for Commissioner Lvangehne: Rivers and sea channels over most A billion dollar industry emplojdng 1 35,000 wo date for Thanksgiving might be dî frthe^îmTwîek as ArnîsticeDÏv, ! Booth, sister cf General Booth.of Europe, save in Spain,.were fro-in xne -ame wcci, js\tf l_,\t.,.\t,\t,.\t,.\t: zen over and choked with ice.Rome.He urged th, adoption of a da.e m 1 he action followed adjudication - eelebl.ating Ash-Wednesday, had a the middle of October.\tearlier in the day of General heavy snowfall.The Riviera was A.W Neill ilnrte;^ndant, Comox- gootjl as unfit> because of h's:covered with snow.In Berlin schools Alberni ) sunpoited Mi.Gersliav s ,\t, ,\t.\u2022\t, j \u2022\t,\t> were closed for a week to meet the resolution.The Dominion convention nealtn, to continue at his post.|jCy conditions.of the Canadian Legion had passed.Several developments appear-\t_________ a resolution expressing the fear that which would disturb peaceful as-j Armistice Rnv was bscomiiio^ suosev- j .i»\t, j\tc vient to Thanksgiving Day, a feai 1\t.\t\u2022\u201d\t^ due for the most part to the fact gumption cf office by General that the two daya came in th - same Higgins, and would prevent the week.For his part, Mr.Neill said, Army entering quietly into life hr would be willing to see Thanks- under the new ;me.giving Day put forward to October.\tr _\t, and thus remove that fear; but suehj Awa.lmg Next Move of General a thing was for the Government to:\tbootn.decide.Armistice Day was rtmsecrated to-«\u20187\u201c .*\u201c3\t«a, unfit ones to the courts and there i jis rothing to indicate ho will not; oo so again.Some London news- j [papers this morning state positively! ii\u201c will continue his Chancery Did Nut Favor Resolution.! Court action, challenging the valid-Hon.Fernand Rinfret, Secretary i y of the deed poll uf 1904.under of State, declared that h.had receiv- which the High Coy noil functioned.r.,1 many letters supporting the sug- Elsewhere it was unofficially posted change.As far as he him- stated that he would refuse the self was concerned ho thought the;new army head custody of army sentimental reasons for observing!property and money which remains Armistice Dav on November 11 were in his charge as trustee.A court of such a lofty character that they!order to compel him to give in here entirely outweighed any considéra- was contemplated, it was asid.! presentative of practically all the Rumored U.S.Branch May [great industries of the country, Break Away.\t] have rejected the -interim re- Anonymous denials that the port of the Mond (Melcliett) progressive nature to offer.Several Other Speakers Heard.The other speakers were Mayor 14.\u2014Estimates > camilien Houde, Conservative M.L.A., for St.Mary\u2019s, Montreal; Ephraim Bedard, Liberal M.L.A., Quebec county, and Pierre j Gagnon, Libera] M.L.A., for Ka-; mouraska, a county, incidentally, ; ers in the production of paper which insists on sending farmers toiancj paper products yesterday the Legislature, strange as that ! ded a long line of witnesses seem tor a rural county, the rural , r\t,\t.counties generally making a eus-, ef°fc tne congressional tarn, tom of sending notaries, doctors.! committee seeking higher duties and lawyers to the House to speak I on 21 of the 74 items covered inj of their aspirations.Mr.Guertin made an excellent speech,especially from the academic point of view, but he added nothing .\u2019.ew for the benefh ct! the House.He talked of the fact that the Legislature hag seen fit to provide \u201cCanada is\tprosperous.The volume of general business as mea- j Ration to\u2018about TaMOO^ compand sured m physical units last year was jwith the 164i00o now aiiowed.IB p.c.greater than for the >ear| The quotas would be based on the 1921.The gross operating revenue | percen4age o:f nationalities repre-of our railways\tfor the year iJ-^\tsented in this country in the 1790 est ever earned.\tOur mineral outpuu\tcensus instead of the percentage of amounted to $499,064^,207 the larg-; nationalities in the 1890 census, reached a value of §271,000,000 f or j Herbert Hoover in his speech of jthe year 192S an increase of §23,-! acceptance delared for repeal of 644,000 over the previous year.News | the national origins provision, and print production amounted to 2,-, Senator Nye said last night he was I SI\t|1|\tI\t¥\t381,102 tons and\tincrease of 294,153\ti doubtful if the law made it mandait ËBiUia\t1\t£\ttons over 1927.\tHomestead filings\t| tory upon the President to order the ;for thg, first eleven months of last'new quota basis.N ,\t.\t, year was bade near prewar level j\t«- Itaio-Vatican Accord numbering 14(096, which On the basis ROBBER USED PEPPER POPE PIUS IS PLEASED Says that Has \u201cGiven God Back to Italy of 160 aces to the claim represents -\t- -\t-\t2,000,000 acres new land taken up.(Associated Press Despatch) I r, j r* I.n j;)\tÇ,\tz,uuv,uvu aiaus new iajiu iai\\cn ^ij.BUFFALO, N.T., Feb.14.\u2014 ana Italy uaCK to boa\tStep \"Our trade for the calendar year [ Blinded by pepper hurled into his j 1928 reached the huge sum of §2,- i eyes and shoved into an unventilat-1596,448,113, an increase over the pre-j ed vault by a lone robber, who es-of §270,548,1.79, and we had in Diretiian of World Peace.'cr pensions for widows of magis- economic changes since the 1922 ROME, Feb.14.\u2014Pope Pius, in his eus year most jovial mood, told a delegation favorable trace balance of §lol,-of students from the Catholic Uni-! §12,281.versity of the Sacred Heart at Milan Branch Lines Being Built, j yesterday that the Itaio-Vatican ac-1 \u201cDuring the past year the Cana-cord had \u201cgiven God back to Italy oian Pacific Railway built four hun-this section of the tariff law.and Italy to God.\u201d\tIdled miles of new railway.I have Speaking for the industry as a He said that the agreement was Tot the figures of the milage con-whole D C Fveres*\tnf thp ull a steP in the direction of world jrtructed by the Canadian Nationa.\" U- Lveres\u2018- °r tne a i peaee and that it would bring legal\u2018railways but it is also considerable.order to Italy by replacing civil law!The Hudson Bay Railway has been by Canon Law.He believed that | extended to Churchill and I under-everyone should be thankful because ! stand will shortly be in operation.' American paper and pulp association, told the committee that (Continued on Page Seven.) The deposed General Booth has csncacrated to a'ready taken his adjudication as the memory of the men who diej nl the front, and it was well that the young people should be reminded of the sacredness of the day.Report Of Moud Group Regs Industrial Peace Was Rejected By Large Industries Of Britain National Confederation of Employers\u2019 Federation of British Industries Not act was passed and classifications which peinitted wholesale evulsions of the customs laws, made it essential that these revisions be made in the new act.Other witnesses spoke for their particular branches of the industry, calling attention particularly to a revolution which has taken place in the last few years in ths production of fancy decorated papers, box cover-lings, lightweight papers for envelops lining, for fancy stationery and cover caped with between §500 and $600 of International Railway Company funds, William P.Rossie, of this city, nearly lost his life by suffocation yesterday in the Elliott building in the heart of Buffalo's business district.-A .-.BRITISH GUNBOAT STRUCK ROCKS (Associated Press Despatch) HONG KONG.Feb.14.\u2014The British river gunboat Moth, 645 tons, struck the Webster Rocks near Wu Chow yesterday, and had a hole punched in her hull.She shipped considerable water.The warships Tarantula and Moorhen are standing by her waiting a salvage crew from this place.m Association and paper for radio loudspeakers.Afford With\t0ffers an Explanation.1 ni\tr,,\tî¥\tYCL ,* Mr.Eveest made no mentu Mond Han\u2014Willingness shown, However, to Further newsprint, now on the free list, and ün-opoiogy of the University of Prescott as the Great Lakes Ter Discussions With View of Better Mutual Understand- w'':n representatiye Garner, Demo-! ^>ororl|;0| jiej\this home here this | nwnal and work on ibis and the, ,\tprnf Tf»vne;.flRkpn if np war nn' .l mg.| crat, Texas, asked if he was no ! steering clear of this because of a _______________________ | \u201cpolitical fear of the newspapers cf I (Canadian Press Despatch) land the Federation with economic this country, he sa.,, he had no.j ONDON, Feb.14,-The Nat- and commercial questions.\t| asked ^ a duty on newsprint because ional Confederation of Em- ! \u201cAs a result of the most careful N diA jl » bc e e ll3 couKi Set ploy\u2019 Association and the Fed- consideration of the interim report\t,t: mod;fi .th;, statement oration of British industries, re-1 each organization within its own\tlle later modltled this statement the sacrement of matrimony hasjT1- addition to all this our company found a place in civil legislation.!;s now making application to par-! He asked his listeners to under-;\u2018'-ament Cor the approval of ten i stand that he had assumed a great :branch lines into new territory and ! responsibility in sponsoring theii_bave no doubt that the Canadian i agreement.He said that the treaty ! National will present a similar pro-\u2022 needed no justification either in : gramme of extension.; Italy or abroad.\t_ \u201cI1} my opinion we arc on the j The Pope emphasized that he had ; threshold I encountered good will on the par l of the government, he said: \u201cThere was revealed to us a man n the.St.Lawrence Waterway De- ai Churchill.The tides of the Bay whom Providence caused us to\tmeet [ vempment and\twith powerful\tfir.-\to:f j-undy ar6 to be\tharnessed to \u2014a man who did not have misgiv-! am\u2019.i.l groups\tcompeting for\trhe\tfurnish hydroelectric\tpower, and ings about parochial schools.\u2019\ts.ver i .ghts it\twould appear\tthat\tthere is a demand dor\tthe construe- ;i.met rung may\thappen in the\tnear\t^m of the Chignecto\tcanal to con- TORONTO, Ont., Feb.14.\u2014Sir luture.In the meantime the Federal ; nect the Gulf of the St.Lawrence °; ' Bertram Windell, professor of an-1 Government have decided upon V;ith the Bay of Fundy.Mining Developments.\u201cMining development in northern developments which -i,-\u2014\u2014 wih overshadow anything in the Xhere will be great activities in j past.There is an increasing interest huijci;T!g the terminals and elevators morning.rely tion of personal convenience.He pnmiRecl that, if the House passed the resolution, he would immediately\t_\t, bring down an amendment to the American branch eg the army will! group of employees and the act that would give effect to it.secede and break away from the [Trades Union Congress regarding T.L.Church, (Conservative, Tor-j English control failed to quiet industrial peace, it was announced onto Northwest) also rpokp.\t[rumors that that is in prospect.In I yesterday.While the report is r>- Seldom is there lack of business in [there rumors particular attention isijectefl t^e associations issued an in.Trotzky At Present In Russian Consulate In Turkey, But Final Place Of Exile Is Still Doubtful elevators there is being commenced.Quebec, Northern Manitoba and -\t(Continued on page 5) the House of Commons on private i paid to the fact that the High !\u2019vjtatjon members\u2019 day and yesterday proved no exception to the general rule.S.W.Jacobs (Liberal, Cartier), had two bills introduced, one to make return tickets of one railway good on any other railway between the same points.The other would ro-liev?\u2019 newly appointed cabinet ministers of seeking re-elections in their constituencies.A bill that would require that all phins for power works on navigable watei ¦' should bo submitted for ap to the general council of ,\t,\tr,\t.\t.\t-\t( \\ n-tiHVU loU 1 in.: i^vuvi.n V.VJU11V.II s/» Council passed by Commissioner |the Trades Union Congress.It was Booth .\t,\t°t' the n;a(je pn0Avn that the Federation of its selection of a new Bl.itish Itldustries favol.s the oval aims of the report but differ- orally.Evangeline General, in commander in chief, Evartgeline Booth, who is in charge uf the movement in America, was active in the reform movement to oust her brother, and some had freely predicted her choice as the new army chin-, entes on details arose between the various industrial groups of the National Confederation.Joint Letter Sent A joint letter from the employers\u2019 bodies to the Trades Union No statement was to bo obtained today from members of the Booth Congress reads: household.At Sunbury, after do- \u201cThe confederation of Employ-nroval to Parliament was introduced position of the General, Commis- ers1 Associations and the Federation by V.E.Church, (Cons., Northwest n'ener Cathorina Booth and Colonel of British Industries are distinct l'or:\tIL A, SUvurl, (Cons., Mary Booth, daughters of Brum- and separata bodies, the Confedcra* (Continued on page ,'acvct)\t^Continued on Page 13) iion dealing with labor questions .\t, .,\t.,\t,\t,\t, : by saying he did not think the indus- pi\u2019ovince reached the conclusion that^y v-anted to get \u201cby with it\u201d be-it cannot accept, the report.\t'cause many domestic newsprint pro- \u2018 \u2018 T hr ou g h o u t'51 )U e * cons i d e r n't ion f lduc^rs me^'yitq fad e[il)erie\u201915;es I Will Likely Be Kept in Constantinople for a Few Days imougnout r.r.e eonsmeiation ox,ltl this line and had turned to other t ,¦\t.f , ,r 7 \u201e\tt-t.,,\tV-,\t.\t.\t' the whole matter, however, the con- procjU(;tion.\t;\tUntil it Is Decided ir He Will Be Sem to Angora or to federation and the federation have | Most Uf Newsprint Imported |\tBroilSSai?been conscious of the importance of !\tFrom Canada doing everything in their power to ! He added he did not think it would\t.\t\u201c\t\u2019 promote industrial peace in British be economically sound to proceed on\tOXSTANTIXOPLE, Feb.14.\u2014 efforts to approach the industry and the invitation made the theory that the United States t A strong guard of Russian have been futile, in the hope that further discussions could produce enough newsprint to\ttroops barred the gateway to; The Turkish press has published will help to forward a better mu-, meet its needs.Most of the news-j the Russian consulate where Leon nothing concerning the arrival of tuai understanding in industry gen- print used in this country is import- Trotzky slept last night, a prisoner.Trotzky.Among various conflict- \u2022\t1 \u2022 -\t-\t¦\t| The choice of Trotzky\u2019s place oping rumors is one of the effect that exile remains in doubt, The night | he will be kept in Constantinople * * \u2022*.* -j.* -j *:\u2022 *\t*5* * * * -> thît WEATHER *> *;*\t\u2022> * >j* *;\u2022 * * -i- * *:\u2022 * $ * CLOUDY WITH OCCASIONAL SNOW I ed from Canada.Discussions relating to industrial j peace were instituted -hrough the LABOR PARTY RETAINED SEAT efforts of Lord Melcliett, formerly [ Pressure is low to the northward over Manitobo, while a depression is centred [off the middle Atlantic coast, moving northeastward.Snow has fallen in Ontario and in soma prisoner sections of the West, while in Quebec and the Maritimes the weather has been fair.It is cold from the Great.Lakes eastward and milder in the Western Provinces, High pressure prevails over the Maritime Provinces.Sir Alfred Mond, in an effort to di| vise means for avoiding such an in- ! dustrial catastrophe as a general strika in future.A conference between a representative group of employers and t'.ie general council of the Trade Union Conference was arranged and discussions were begun early in 1928.(Associated Press Despatch) W A N S B E C K, Northumberland, England, Feb.14.\u2014The Labor party retained its hold on the seat here in a bye-election necessitated by the recent death of G.H.Warne.G.W.Shield, Laborite, was elected with '20,398 votes.I.M.Moffatt Pender, Conservative, received 9,612.ami H.S.Briggs, Liberal, received 5,183.train left Constantinople for Ango-ro but watchers found no sign of Trotzky among the passengers.The Soviet consulate, formerly the embassy of Czarist Russia, is a huge building of one hundred rooms.! for several days pending a decision whether to send him to Angora or to Broussau.If Angora is chosen as Trotzky\u2019s \u201cSt.Helena,\u201d the hot summers and prevalence of malaria might conceivably play havoc with It has been noted in the past for its his failing health, regal receptions and lavish furnish- ; There are signs that the situation ings.Throughout the day, since [ has given the Turkish Governments Trotzky was brought ashore from ! moments of anxiety.It is thought the steamship Illitich sentries have that Turkish officials have offered paced in front of tho Entrance and the seclusion of healthful Broussau.Forecast: Northeast to east winds, cloudy with occasional snow today and Friday) slight* ly higher temperature.Northern New England f Light anow tonight and Friday.Not quite so cold in Northern Vermont tonight; rising temperature Friday.Fresh to strong northea-^ and north, winds, diminishi* Î PAGE TWO SHERBROOKE DAILY RECORD, THURSDAY, FEBRUARY 14, 1929.STANSTEAD W.I.MEETING HELD AT AYER'S CLIFF J duties will be to purchase new and ! suitable books for the library.W.M.S.Hold Regular Meeting, j Members of the Women\u2019s Missionary Society were entertained by iMrs.F.A.Johnston at her home iThursday afternoon, February 7th.There were sixteen members present at the meeting which was opened jwith devotional exercises conducted ! by Mrs.W.Berwick.The president, \u2014;- Mrs.W.Rexford, led the meeting.Library Cainmittes Met\u2014Wed- having attended the Presbyterial, Jinn- AA.-or\u2019c the official board of the executive, ding Anniversary ^, A>er, ?which was held in Sherbrooke last Clift Couple-Rebekshs field V.eek, brought interesting notes Installation\u2014General Noies, j^n from subjects discussed ______\tMrs.F.A.Johnston read a letter a VFP\u2019Q TT IFF One Feb U :Tom the secreta!T members and severe, v.titb.g f r '- us.The newly elected preaid en', Mr.D.A.Macdonald, présidée,and a cons.der* able amount of ousir'-ss, including the aopc.nt.T.s.t of c.mmittees for \u2022the cun.r.s yes\u2019, a.-o revision of by-laws, was ait with.The bus.:-;s meeting was followed y a good programme of Gaelic and Engl, h rones ard stories, in-duo, ng the beautiful Gaelic song \u201cF'-ar a\u2019 Bhata ung by Mrs.Bell, said to have been the favorite song g! the late Queen Victoria.An eloquent addn by Mr.Bell on the first Scori\u2019sh settlement on the continent of America, and how the pi esent boundary hne between Canada and United States was finally fixed, was listened to with much interest and appreciation.De-kcious refreshments were served by the hostesses for the evening.Mrs.J.D.Macdonald and Mrs.f.C.Thompson, after which an hour Njvent in dancing the ancient and more modern Scottish dance* and in conversation.MR.W.A.HALE HONORED AT SNOWbHOE CLUB.There was a very good attendance of members at the regular weekly-meeting of the Sherbrooke Snowshoe Club last night.Ir.the absence of ^\tthe president, Mr.W.D.Van Roden, Edncy, Miss Sarah ¦, ^Uk to illness, the meeting was pre-Hal., Miss Bostwick, Mrs.H.A.g;ded over by Mr.Guy Bryant, first .\u2022Iocre, Mrs.J, R.Andrews.Mrs.vice-president.U.Hatley, Mrs.Geo.Lothrop, Mrs.Mr.W.A.Halo, the honorary M.T.Armitage, Mi;- A.Milette, ; president, who has been ill for some I Miss G.Turner, Miss G.Dwanc, j time, was present la- ; right for the! Mrs.J.McKenna, Mrs.E.L.Mill-, first time this, eason.He was ac-Mrs.A.E.Rowell, Mrs.L.P.Bish- i corded a hearty welcome by the! op, Mrs.C.Wolff, Miss L Van I members.Rev.Dr.Read, who wasj Vliet, Mis» E.A.Van VTht, Mrs.*also Present, expressed his pleasure - -\t-\t-\tand that of the club members, in j having Mr.Hale with them once! more Messrs.Vincent and Leslie Strac-| chio gave a short exhibition of a new) form of setting up exercises.The; meeting was brought to a close V \"À (y C.L.Spafford, Mr.J.Blitt, Mrs.J.J).Weinstein.$6.55\u2014Sums lets than one dollar Total .$158.35 Previously acknowledged .\t901.85 5\"K\\ to date .$1,060.20 j shortly after eleven o\u2019clock.RADIO AND ELECTRIC SERVICE R0SS-KEELER ELECTRIC COMPANY.Phones 14-fH3.Its easy^ tobesure \u201e the best ] j For Those Who Demand the Best HoVîYS \\ i* English Cure English Cure Hams &Bacon QUALITY PRODUCTS HOVTriS Prices may catch the shopper, but it is quality that holds the customer LET US PROVE IT /Cz\\ \\ L amps for Ybtir Home -Dolls House for the Kiddies! TJERE\u2019S a new way to buy Edison Mazda Lamps! Choose an assortment of six lamps for the home and have them packed in a free Toy House carton.'\tL-8# EDISON MAZDA LAMPS A CANADIAN GENERAL ELECTRIC PRODUCT J.S.Mitchell & Co., Ltd.Diatributor.{or fAnr.dK Lampi ¦\u2014 Phono 2300 PREPARE DURING \u201cSAVE YOUR VISION WEEK\u201d FEBRUARY 10-16, TO SEND THE WHOLE CHILD TO SCHOOL.PROTECT HIS EYESIGHT.McConnell\u2019s OPTOMETRISTS 54 KING ST.W.TFL.37.The Model \"Faur Tvenly\u201d Receiver may be purchased separately if desired at $165.00 TELL THE CLERKS There\u2019s no red tape about our offer; examine any piece of the large stock of Gendron Limited at your leisure, then TELL THE CLERK that you want it put up at auction.Auctions every afternoon and evening at the Gendron Store, the corner of King and Wellington Sts, A.C.Skinner, Ltd.Jewellers Since 1859 \u2014And /f\u2019s A Genuine TÏ ./ MciflUËTS Batteryless Rddlo! THE famous Rogers Model \"Four-Twenty\u201d supplied with this outfit is the standard model in the Rogers line.It has been tried, tested, perfected and is backed by the Rogers record of jour years of proven performance in thousands of homes all over Canada.The artistically-designed Walnut Table Speaker matches the Receiver perfectly and is equipped with the latest type Magnetic Cone, designed especially for use with this model.Together, they closely resemble a Console-type radio, but our price is from $40 to $50 less than you would have to pay for even the lowest-priced Rogers Console.\tj Due to the remarkable development of chain broadcasting, radio has become a year \u2019round source of entertainment and education.You are certain to get a radio soon; get this complete year \u2019round Rogers Outfit now.Free Demonstration \u2014 Easy Terms H.C.Wilson & Sons, Limited 37-41 Wellington St.X.Sherbrooke, Qu^ Buy advertised goods.They must \u2019ways give full value.wrm Pergonal Where Quality Counts WP Halites SODA BISCUITS SKR\t\t9 pkgs.or .tL FOR sLJ GINGER SNAPS fresh and crisp\t\tdUSS.v.°bv \u2018 r!mfei.:tench lead !iulerest.^\tsolution.If jsu keenly interested in immigration i oiiis Hubert who -êtCed near i e7ery \u2022mdlvldual Cltlzen ln «very; and colonization for which they necîrofSu^ec'm thïmîvW ^SS ,n f.our country would study ; have for years made heavy con-¦.to\" the ' A ¦a i n i evo'ution i1 K gestion we shoulu soon iind a | tnbutions.It is clear as daylight v;ay to accomplish something.jthat the psychological moment for a Drift of Population.\u201cThere is another problem that receives much attention in our press and on the platform especially during election campaigns.I refer to tien back to* England or assistance \u2018\u2022¦Hit; exodus to the United States.country to undertake an aggressive campaign icr immigrants is when agriculture is definitely on the upward swing.This time is here now.as agriculture has entered an era of greater prosperity.\u201cFor sentimental or other rea- .-tl: \"gtv \u2022\tn\u2019.! tb2 W?F d ! This is an old problem.J 78b\" to l?^Vetween11 3U Co/mid i \u201cThe dri-ft ü£ \"Y1' |10Pulat[0n sons our governments past and pre-ü,j 000 mi-rated to the 'Maritime : aoroSs ,th6 bnc may be due rather j sent have adopted a policy mainly Provinces and trebled lhe\u2018 ^oplla- i^pSo'nPSttarthl cas^Va^-\tZ°™_Qte JmmiSra£ion \u2022A.o£\tSCÜ;:Ur.al™0St-3 ?Te,\" 'y this drift is evidently the product , :: \u201c\u201cJ \u2018Y e d^tir-ctly British .0f an unduly accelerated urbaniza-^ :v-!-d!v,:\u2019 .Jûvelopment.| tion or industrialization, which Uck-ln, W \\v° yea-rs f-ül;oTY¥ tbS^apo-1 the support of an adequate and Lvov r\t181 \u2018 t® 183'6.an'! permanent agricultural consuming .urd flow of immigrant began to jFGpulation had temporarily thrown \u201c rive m the country.During four|country out of economic equilibrium Jft-flTt; nb rnict rwirinH -urn.o!i i ^\t,\t1\t.li During Y t icnVon\tnil0 RY tld I leading to unemployment and subse- nct 160.000 British settled m Can-! quent emigration.'If \u2018II:!.;TY,,(lYnT and tllaVni Agriculture is generally conceded .^-WO frish came.An-jto be the country\u2019s leading indus-*\t'.f'0\t0CC1Yred\tbetween 1903\t| try\u2014the back bone\tof the nation as in'',\t'u1\tleaC\u201cin\"\tYs e'lmax ,in\tj b is often called.It\tis estimated that i-VSe cZSw\t°f the revenue height ureat Bruain , .\ti' C\tITT '\u2019\ti£ae T-ra£I °f\tearned by our railways represents\tccnsec/jences\tto m-re\tthan\t1,000 per\tday.In 1914\tf,;rm products and\tanother third is I\tprospects\tfrom\tt tins flow of immigration dropped ! doubtless\t1veeta iiom i.from Great Britain.It is obvious that the effect of social insurance in Great Britain is bound to be prejudicial to immigration.Immigration Difficulties.\u201cThere is another obstacle\u2014Britain\u2019s own agricultural problem.There is to be ifound an important body of opinion determined to end the present agrarian situation there and putting agriculture on a better footing.We will therefore in 11 probability soon be confronted 'with a domestic colonization scheme in Great Britain with far reaching our immigration prospects from the British Isles.represented _ in carrying \u201cIncluding gardeners, florists, .\t.\t-\t,\t» »\t| v* v.\tj\u2022\u2014-t v- [-'a.covit e-cu til uai.i y ixlii i ever at tho present time only receiving on the average about the panic number of immigrants as came to our shores in the early eighties, whereas wo should now be welcoming the greatest influx of tew people in our history.Agriculture Necessary for Development.the .arm.The Canadian farm not the total rural population of Great a,one feeds the nation but exports Britain is probably not much over BBilBi 1 ,ir\" Ipfll \"\tI; vil W' Î-^°\t\u2022'Y- - - I M i I ;T:IT;.>YWf Y Y gi9; Gertrude\" Eldridge, 749; amounted ,0 $2.103.2b.\tEric Stanbridge, 627, Unranked Shipments ct\" cream natura.\" ,' wife and three of my seven children.The youngest of whom is thirty-two years of age.We are very pleasantly situated ! in a home of our own in this wonderful city of 50,000.I am planning to go on a tour to Canada this, summer if I can I get the others to go when they : take their vacation.\u201d General Notes.Mr.Gordon Cape!, cf Granby, ] 51, CHAgLtj and Mr.Harold Cap el, of She1 .\t.\t.through absence.Emerson Bullard, brooke, spent the week-end at the ,, ff considerably in the midwinter ( xormarl Crandall, Harold Worden, : home of their parents, Lev.and months, bur Sd,'\"'1\" \u2014- 73erdm!S ST.CHARLES MILK (\u2019unsweetened') 7 TYre;Corta Marsh, Mary Morrow, Hilda : Mrs.E.T.Capel.\tM .\t,.\t.\t,\t\" Streeter, Harry Partridge.\tMr.Murray, M.A., of the Dioces- \u2019 'nSSs1 w \u2019 ~''nn\t2 Grade VII, (possible 1.200)\u2014; an TheologLial College, Montreal.|j \u202256 \"r0 \" 1 \"\" '\t\u2019\t.*\u2019 Bettv Williams, 971; Kathryn who conducted the services in St.i i\u201d'An unusual item appears on Cc.l- Soles, 877; Glendon Broum, 80S; Faui's Church on Sunday, was a| Uector W'-dtehiU\u2019s ctatemeit fû\u201d Jan- Hazel Ttbbits, ver\u2019fox\tskins\tvalued\tat $200\teach,1 l\u2019-s Moison, Billy Gedye, Reginald\tMrs.\tCharles Rhicard, of\tBrome, , were\tentered\tat the\tport'of\tNew-\tBuss, Olive Pibus, Dorothy Dug-\twas a\trecent\tguest of her\tdaugh- ; port.The rate of duly is fifty per gan, Donald Pibus.\tter, Mrs.Robert Hamilton.\tl! | cent ad valorem, or in this case, Grade VIII, (possible 900)\u2014\tMiss Laura Knowlton has return-] §100 for each skin, and duties on Emma Stone.673; Fayland Ladd,; ed home, after undergoing anl (these valuable furs amounted to Ç52; Harold Mandigo, 612; Eileen operation for mastoid in the Mont-i j j52.S!-!-J.\tArmstrong, 603; Hilda Armstrong, real General Hospital.,\t600; Stewart Woodley, 597; Helen\tThe\tSenior\tBridge Club\tmet at Ah&pllLATED .\tVail, 583; George Allen, 562; Ray-.\tthe home of\tMrs, George\tWilkin- First Stylish _ stout (in sweet mond Marshall, 539.Unranked, El- j son on Monday afternoon; the shop)\u2014Madge, how are calories uje Mizener, Vera Porritt, Ernest ; members being conveyed there by [computed, anyway.\tBadger, Helen Eldridge, Ha Marsh, Mr.W.D.Soles.The very pleas- Second Stylish Stout\u2014Well\u2014 ; eventually I have to weigh mine.\u2014 i New York Evening Post.Gordon Bailey.1; v.-1 m «¦«¦I ant game was brought to a clos Grade IX\u2014 (possible 1,000)\u2014 at five-thirty, when refreshments Harry Pibus, 733; Rupert Allen, ; were served and the prize for the 054; Margaret Jones, 612.Possible .game was presented to Mrs.K.! 900: Eileen McLaughlin, 499; Katie ; Erskine.: Cowan, 492; Delbert Tibbitts, 428.| The Junior Bridge Club was very Grade X (possible 1,100\u2014Ruth, pleasantly entertained by Mrs.J.! Prouty, 789; Jessie Soles 7S6; Ar-.Carmichael on Monday evening at j tfcur Williams, 764.\tj\tthe Rectory.Several substitutes Grade\tXI,\t(possible\t1,100\u2014Ray-:\twere present\towing to the\tillness mond\tPibus.\t744,\tElma\tMartin,\t:\tof members.\tAt the close of the 734; Elizabeth Duggan, 629; Arlene : game refreshments were served.Patch 601\t^\ti The highest score was made by _______\t! Mrs.G.H.Robb.Miss Dora\tStevenson, of\tCook- shire, spent\tthe week-end\tas a guest of Mrs.A.C.Carter.Mr.Arthur Robinson has moved Ida office to Waterloo, where he has been appointed manager of tha Atlas Plywood Company.Mr.Ralph Murray is at the pres Literary Club Met.! The Knowdton High School Lit-j erary Society held a meeting in j the assembly room of the school on | Friday afternoon, February 8th.] Raymond Pibus, the president was j in the chair.The chief event of the afternoon was a débats between \u2022 grades VIII .ent time engaged on the staff of j and IX on the subject \u201cResolved ( the Bank of Montreal, here.That Europe Is a Finer Country Mrs.J.A.Proctor entertained ! In Which To Live Tnan Canada.\u201d j the Senior Bridge Club and one ! The speakers for the affirmative, \u2019 extra table on Wednesday evening ] grade IX, wefe Harry Pibus, Mar- j of last week.After a pleasant j garet Jones, Eileen McLaughlin, : evening refreshments were served t Rupert Alien.Katie Cowan and : by the hostess and the prize pres- Youll never get a whiter wash than a Rinso wash Clothes are cleansed with old-fashioned thoroughness in a new-fashioned way Now you can be proud of the whiteness of your dothes without feeling miserable with aches in your arms and back.So very many women since they began using Rinso now have time to spare on washday .don\u2019t feel all tired out .and nobody could have whiter dothes than they do.The thicker, richer suds of Rinso are the modern magic that has made this happy change So mitly\u2014v) thoroughly\u2014»o gently do these rich Rinso *edj cleanse, that you can actually soak your clothes clean.No boiler, no washboard needed.A light little rub at the grimiest paru perhaps .but no hard rubbing .no bar soaps .no chips or powders.Yet clothe j like \u2022now for whiteness.Doesn\u2019t that sound good to wash-weary women?And tsn\u2019t a ioap which ¦will soak clothes dean the best choice for washing machines too?Tbiru-two makers of washing machines recommend the use of Rinso.Start next washday to enjoy for yourself the big benefits ol Rinso.Follow the easy directions.lerer Brteiwn Limited.Toratue\tr s j Delbert Tibbits were unable to ! speak.Grade VIII, argued for the I negative, and was represented by > Emma Stone, Elsie Mizener, Eileen ] Armstrong, Helen Vail, George : Allen and Stewart Woodley.; Grade X acted as judges, and \\ owing to the better arguments giv- ented to Miss Mary R.Knowlton.Mr.and Mrs.Gso.Westover, of East Hill, were recent guests of Mr.and Mrs.Israel Metevier.Mrs.G.Satton was also a guest at the same home.The Junior Bridge Club met at the rt f-idemee of Mr.and Mrs.F.en by the affirmative, decided in A.Biyd on Friday afternoon with vor of grade IX.Mrs.Jenks, jvera).substitutes.The game pro- ,\tthe principal, then : grer;cd until five-thirty when re- i I pointed out a few errors in the freshments were served.The hign- ; | debate and the meeting closed with c-;t score was held by Mrs.L.H., the singing of God Save the King.; Pibus to whom the prize was pres- .Letter From Former Resident.j onted.i The following is an extract from .A dance was held in the Lake 1 a letter received by Miss Diana View Hall on Monday evening, j i Stone, who recently attained her ; Music was furnished by Mizener\u2019s ! ] seventy-eighth birthday.It may be ; orchestra and although the attend- I : of interest to some other Knowlton ai ce was not large, those present j \u2019residents as Mr.Woodard spent, .pent a most enjoyable evening.1 his young manhood days in Knowl- ' The Junior Bridge Club was j ¦n.The letter is dated January \u2022 entertained by Mr.J.Carmichael (20th, 1929, and was sent from Mr.! on Friday evening of last week.iG.A.Woodard, 86 Latta Avenue, Toe prize on this occasion was ] Battle Creek, Michigan.\tv.on b/ Mrs.A.W.Pettes.\u201cSome good Canadian is sending j The services in the United | j me the Sherbrooke Daily Record.| A short time ago I .saw in the j items of news from Knowlton that i you had just passed a birthday, j Our ages are nearly the same.I J shall be Bcventy-eight in April, j Seeing this item prompted me to ( write to offer my congratulation-; : or.having reached such a ripe age.( Very few of our old acquaintances ; are alive to tell the story.\u201cIn my boyhood days I used to i wonder if I should live to be fifty years old, not being very strong, :re 1 am, with possibly a few years ahead.Of course I have lowly as I have led a long Church next Sabbath, February || ; 17th, will be under the auspice, of the local S.P.C.A.In the morning the pastor will preach on the v/orkjj of the society and a report will be I j given of the year\u2019s activities.Th evening service will he an open ! I me-ting cor.-iacted by the young | people of the congregation.Ser-1 vices at 10.30 a.m.and 7 p.m.On Thursday evening, February ! 14th, a congregational meeting of the United Church is called in the I but hi more to go Sunday school rooms a 7,30.At this meeting be given of the past ities business matter td 'ovb thoi -v t the hour of reports will year\u2019s activ- j j i discussed | fter many years as principal j and appointments made to the var of schools, I took up other work.\\ iom church boards.All are cor The last was as principal of Gregory) chilly invited.Normal In ¦ c :or utute ;wer or Wilmington, years.I was /\u2022-one years, i was | Cora\u2014Why did Mur \u2019aching in this country for fifty- being married in an ve year*.\tDora\u2014Well, she\u2019s a 1 am row rU'rrd from any very that she thought no n o.i.i: ¦ on.and living with my was good enough for r i'd îmi t on 11 airplane.?o conceited an on earth tr I it-Bits.i G.0.SAINT-JEAN LIMITED 21 WELUHÛT0I STREET MTU PHONES: 1238-1237 Again we do the Unusual -this time we offer\u2014from our own regular, highly de pendable stock, at an astonishing low price.C.0.SAINT-JEAN \u2014 LIMITED \u2014 Sherbrooke, Que.r 'j eaturing \u2014 SOFLEX Guaranteed all Wool Soflex coats are made of the finest English Woolens in patterns and colorings to suit the most discriminating taste.Only the choicest yarns are used in the manufacture of SOFLEX materials, making them SOFT and FLEXIBLE\u2014resisting moisture and dust to a remarkable degree.The choicest quality of furs are used on Soflex coats \u2014Squirrel, Fox, Wolf and Caracul, being the predominant furs for the Spring Season\u2014dyed to blend with the exquisite colorings of the materials.COME IN AND SEE YOURSELF IN A SOFLEX SILK SECTION Street Floor CREPE BACK SATIN 40 inches wide.A pure silk double face m silk, well adapted for informal dresses, in all the newest spring colors, in-eluding black.A yard .«Jaaii i 3$ RAYON SATIN 36 inches wide.A gleaming mirror finish, superior in quality, in all\tK|| new popular shades .\t.\t8 hWw Newly Arrived GEORGETTE CREPE and FLAT CREPE For party frocks, scarfs, etc.40 inches wide.Ivory, Black and all the wanted shades.A yard\t.tPesa H vr WOOLEN SECTION An all wool imported tweed mixture.It is one of the newest spring weaves, very smart for your new dress or suit.54 inches wide.4 Of;) A yard.\u201ciUv An all wool light weight weave, specially for dresses, in all wanted colors, including black for school wear costume, 38 inches wide.1 CfJ A yard.\t\u2022 *dU SPORTS FLANNELS i .|er_in_chief has been eup-\u201cWe do not ask that the capital ;p01.ted in his work by his wife, herbe increased; we merely ask that ggn an officer of the army since she cur right to issue stock up to the v as seventeen years old.For many amount originally authorized he!years Mrg Higgins was head of the freed from legal ambiguity by a -home] ieagU6 0f the army, which simple declatory clause.\t! works with the women and children \u201cBut why do we require a larger Qf r districts.Her chief work, capital than the present $2,000,000?;however) has been in connection \u201cChiefly for two reasons:\t_\t: wjth department known as the \u201c(1) Because the present eapitar, department pilgrimage of remem-is manifestly out of all proportion t(>!brance>'.This was in inaugurated by the magnitude of the Company s op-General Bramwell Booth for the erations It is absurd that a Company\t, enabling relatives and whose assets are already ^00,000,-! £ds of men who feii in the war 000, should be controlled by a capital to visit the graves of their dead in France.General Higgins has four children, all of whom are officers in the Army.______________^___________ ¦> * *\t* * >l> ?'!?4* * * 4 AT Most Stocks of Early List Showed Losses Ranging from a Fraction to a Point and a Half.(Canadian Press Despatch) ' MONTREAL, Feb.14.\u2014Lower prices were the rule at the opening of the Montreal Stock Exchange this morning.Led by International Nickel, which was heavily traded in and was off % at 62\u2019i.most stocks of the early list showed losses ranging from a fraction to a point and a half.Power Corporation at 11614 was off 1 Va ; Alberta Grain lost 114 at 58%; Dominion Textile, Canada Power and Paper and Hamilton Bridge were each off one point.Brazilian gained a quarter at 74 and British Columbia Power a half at 55\t\u2022 -a.REACTIONARY TONE TODAY ON WALL STREET \u2019CHANGE tribution among our policy-holders.And what possibilities for our policyholders do these, margins represent! Praises Canadian Law.\u201cBut let us look further into our earning power.There are many contributing factors: energetic, yet cautious and economical agency rnanage- thc Montreal Light, Heat & Power, American Telephone and Telegraph, Commonwealth Edison, and many others I could name.The payment of the interest on the bonds is certainly no more sure than the payment of the dividends on the stocks.In the very unlikely event of the i dividend on any such choice stock been steadily mounting year after year, due solely to increased dividends and bonuses received on our stocks beyond the rates payable on those stocks when we purchased them.As an illustration, take the common stocks purchased by us in 1923; the actual cash yield from these in 1928, representing a return of 2.38 per cent, on the purchase price greater than the dividends pay ment; careful selection of nsks, con-, bcjng reduced, it would be certain servatism m always retaining a c n-j^ ^ ^ar more than offset by in-siderablc proportion of our eannngs | creages ;n (¦[,£, dividends on others, to build up protective reserves, am, Qur own average interest rate has above all, specialization in the safe and profitable investment of funds.\u201cOur investment policy is.in fact a distinguishing characteristic of the Company.Our development and prosperity would have been impossible but for our investment policy, and our investment policy could not have been pursued but for the wise investment provisions of our Canadian Insurance Law.That law stand® before the.world as a monument to the wisdom of our Dominion Parliament.Companies of many other lands are either permitted unwise freedom, or are.hampered by restrictions, equally unwise, which prohibit investment in many of the most desirable securities.The Canadian Act, by contrast, permits reasonable freedom to the companies, while fully safeguarding policyholders.Investment Provisions.\u201cIt may be timely to summarize briefly the provisions of the law.They permit investments in:\u2014first mortgages (up to sixty per cent, of the appraised value); government and municipal bonds; corporation bonds secured by mortgage; preferred stock of corporations which have paid dividends for the preceding five years; and common stocks of corporations which have, paid dividends for the preceding seven years, such dividends being not less than four per cent, per annum, or $500,000.per annum in amount.These provisions avoid the extreme both of unwise freedom and of harmful restriction.To my mind they are.almost ideal.\u201cOur list of assets shows that wo own securities of large amount in all classes authorized by the Act.\u201cWith the groat growth of (he Company, the problem of investing its constantly increasing, fund becomes more and more important.What avenues *aro open to us?As for mortgages, wo are most unwil- of $2,000,000.\u201c(2) Because we wish to ensure that this great Company shall never fall into undesirable hands.We cannot alter the status of our existing shares, but wo can impose restrictions on the transfer of the new shares which will be an effectual safeguard.\u201cIt has been said that such an increase would divert from the policyholders profits properly belonging to them.This is the exact opposite of the truth.\u201cThe Insurance Act allows stockholders to receive ten per cent, of the profits distributed from the par- COUNTRY AND DAIRY PRODUCE PRICES .-\t.j.\t»:* »> \u2022> *> * ?\t*\u2022> 4* * * EGGS\u2014There was a strong tone to the local egg market yesterday.Prices were ruling firm, with slight ticipating branch.Our stockholders! increases lepoitcd in some di long ago reduced their share to five tiens Rceipts contmued light Dt per cent.All our contracts for thirty j mand is very good an , years past have been made on the | rival of Lent, is likely to agreement that the participating! better .\t.\tA\t.l ^\t_ | ^ * MORNING SALES, MONTREAL The following list of sales are fur-aished by McManamy and Walsh: Abitibi\u201450 at 18.Bell Tel.\u201450 at 170.Brazilian\u201450 at 74, 180 at (3, 200 at 72IG B.E.Steel 2nd Pfd\u201450 at 10y2, 50 at 10.Can.Car Com.\u201450 at 160, 25 at 156.Do.Pfd.\u201425 at 174.Can.S.S.Com.\u201425 at 46, Dom.Bridge\u2014100 at 102, 75 at 101, 200 at 100, 50 at 99lé.Mont.Power\u201450 at 111 14, 50 at 111.Nat.Breweries\u201425 at 134.Quebec Ry.\u201450 at 90.Shawinigan\u201410 Oat 90, 25 at 89.Steel of Can.\u201425 at 60lé, 100 at 60.Power Corp.\u201475 at 116, 100 at 115, 500 at 115%, 50 at 114.Nat.Steel Car\u201450 at 117.Hamilton Bridge\u201450 at 70, 25 at 69lé, 50 at 68.Gen.Steel Wares\u201450 at 38, 25 at ssy*.Cockshutt Plow\u201450 at 47, 100 at to1,), 25 at 45.Textile Com.\u201450 at 105.Ind.Alcohol\u2014150 at 41%.Massey-Harris\u201450 at SO, 25 at 9014.Wayagamack\u201450 at 70.-