Sherbrooke daily record, 7 décembre 1932, mercredi 7 décembre 1932
[" lailg ®worî> Established 1897 SHERBROOKE, CANADA, WEDNESDAY, DECEMBER 7, 1932.Thirty-Sixth Year.DR.FOKTAINEiS CONVINCED THAT ARSENIC CAUSED VICWS DEATH Medico-Legal Expert Claims He Was So Sure of Cause of Ludger Chapdelaine\u2019s Death that He Urged Detectives to Investigate\u2014Mrs.Gedeon Bernard Presented Pathetic Sight While Rendering Testimony as Crown Witness.HEAVY TOLL IN LIVES CLAIMED BY EXPLOSION Although he was unable to find any trace of poison when he conducted an autopsy on Ludger Chapdelain\u2019s body on March 8th last, Dr.Rosario Fontaine, of Montreal, this morning told the petit jury of the Court of King\u2019s Bench that he was so convinced that the victim had died from arsenic poison that he urged the provincial police to investigate the circumstances surrounding the East Angus taxi driver\u2019s mysterious death, and predicted that at the bottom of the whole affair the detectives would discover that arsenic.was the cause of death.The medico-legal expert gave a lengthy review of the re-actions of various poisons and, after eliminating every other possible cause of Chapdelaine\u2019s demise, concluded that arsenic was the actual medium which occasioned the death of the husband of the accused.Today is doctors' day at Mrs.Chapdelaine\u2019s murder trial.Listening keenly to'every principle advanced by Dr.Fontaine are several local members of the medical profession who, in all probability, will be produced as defence witnesses in an attempt to break down the conclusions reached by the expert.That he scarcely expected to find any marks of arsenic because his autopsy had been performed eighteen days after Chapdelame had been taken ill, was the candid opinion expressed by Dr.Fontaine.He had made his examination in the Sherbrooke morgue after he had received an order from the attorney-general\u2019s department to pursue such a course.The corpse he viewed was that of a well-built man between thirty and thirty-five years of age.The exterior scrutiny had revealed no trace of violence, but the yellow color of the skin indicated that Chapdelaine had suffered from serious kidney trouble.Degeneration of the heart, -liver, kidney and djlemna of the lungs had been noticed, while under the transparent membrane tissue of the stomach spots indicating hemorrhages were observed.All these symptoms afforded substantiation to the theory of poisoning by arsenic.The information he had received from Dr.Fred Bertrand pointed to the fact that the symptoms could not have been the results of contagious disease, the expert continued in support of his contentions.After concluding his autopsy, Dr.Fontaine continued, he had taken Chapdelaine's organs because he suspected arsenic poison.Some hair and bones had also been transported to his laboratory because arsenic always ledges finally in the roots of the scalp and in the ribs.In spite of three analysis, he could find no trace of arsenic.\u201cHowever, it must be borne m mind that I did not expect to lind any arsenic,\u201d the witness averred, \"because Chapdelaine had lived too long after his illness began.\u201d Some medical experts contend that arsenic cannot be discovered if se-'«n days have elapsed after a person falls sick, other authorities fix ten days, while other more generous allow fifteen days.The expert ad-mitted that he had, during his long j tectives announced today they be-experience, found arsenic after ten j ]jeve(j ^gy were near a solution to days had elapsed, but not after f1f';ti1 «lavinv of Cantain Walter teen days.In the Chapdelaine case,.\u201d1.6 .1 y\t, V pt ,\t1 ^ he had'little hope of complete suc-1 Wanderwell, Polish-born husband cess, but be had made every test to , of a former Winnipeg girl, who satisfy himself.\tpolice record as a globe trotter, \u201cI remained with the firm convtc- Rathenow, Germany, Dec.7-\u2014Ten workers were knowm to bo dead and eighty were buried under debris as the result of an explosion at the I.C.Farbin artificial silk works at Prem-nitz today.A four-hundred-pound hydrogen container blew up while workmen were putting finishing touches on an addition to the plant The ten known dead were blown to bits, and the injured were believed to number about ten, while the fate of the eighty inside the crumbled walls was not known.The annex was wrecked, so terrific was the blast.Masons and locksmiths were putting the building in shape, mechanics having just completed installing the machinery.FIRE DAMAGES COWANSVILLE LAW LIBRARY ARREST WOMAN ON CHARGE OF INFANTICIDE Considerable Damage Caused When Office in Home of Mrs.' East Bolton some six W.U.Cotton Fell Prey to Flames.EXPECT EARLY OF MURDER CASE Police on Trail of \u201cCui,y yesterday shortly after Wan-he claimed had contained arsenious ; derwell was slain in the unlighted *eid the witness gave the opinion ! captain s cabin of his yacht Car- *.a\u2014 face of a ten-cent piece.If more Place, the group of adve lace oi a iei J;, wmlia be j which had signed on as members were Wn, the surplus would be of ^ crew^pretty w0]11en> som\u201e discarded through\t\u2022.\t\u2018\tof them authors, some of them container had been g .\t^ I waitresses, and a collection of men sonally by Detective Dor .\t; ranging in class from the scion of rhamTeîahfà British nobility to roustabout sea-If tliapaeiaine|mon_huddied jn the dank ailfl un.Pittsburgh, Dec.7.\u2014From a lonely cabins in the mountains near Dubois, Pa., comes the weird story of a midnight operation performea on J.J.Smith, former Texas oil driller, by two Pittsburgh surgeons, using a straight razor as a scalpel and corn whiskey as an antiseptic.DISCOVER DIET THAT WILL STOP DECAY OF TEETH Combination of Phosphorus and Vitamin \u201cD\u201d Will Do the \u201cTrick\u201d\u2014Two Young Cana- Co-Discoverers.JAPAN SEEKING ALLIANCE WITH SOVIET RUSSIA Sweetsburg, December 7______Found guilty of a charge of stealing a black fox, the property of James Armstrong, of Foster, Donald Bockus, a twenty-five year old resident of the same place, was sentenced to spend six months in the Sweetsburg jail by the District Magistrate yesterday.The theft for which Bockus was sentenced occurred on the night of November 23rd.On the following j morning Armstrong discovered that ! a section of the wire netting at his fox farm had been ripped open and ! three valuable animals were missing, j It was revealed, after, a short search, that only one of the animals had been stolen, the other two escaping through the hole in the fence.A heavy stick, stained with blood, was found on the premises, indicating that the fox had been killed and carried away.High Constable St.Martin, of Sweetsburg, was called into the case and, assisted by the proprietor of the farm and the latter\u2019s brother, Fred Armstrong, followed a trail of blood stains in the snow for a distance of about t-wo miles and a half.The trail led to Bockus\u2019 home, where the young man w-as examined and a search led to the discovery of a coat covered with hair and blood.The animal, valued at $200, was found in a bay mowT.SHARP UPWARD TURN IN BRITISH CURRENCIES New York, Dec.7.\u2014A sharp upward turn in British currencies marked early trading today in local foreign exchanges.The pound sterling jumped 214 cents to $3.22% in United States funds as shorts ran to cover.The Canadian dollar continued its upward climb by advancing one-quarter of one per cent, to 85% cents in United States funds, United States premium of 16.448 per cent.BUSY YEAR IS CONCLUDED BY CUSTOMS MEN Fight, Resulting in Fatality, Occurred After Announcement of Winner of Popularity Contest.Philadelphia, Dec.7.\u2014More than 160 witnesses were arrested last night after nineteen-year-old Walter Bross had been slain in a dance hall in what police described as a brawl that followed a popularity contest.Bross, police said, was knocked down a flight of stairs and died of a broken neck.His body lay at the foot of the stairs when police arrived and everyone in the hall was held for questioning.Police were unable to learn at once what caused the fight, which started, they said, a few minutes after the winner of the contest had been announced.CANADASHÔWS ANOTHER FINE TRADE BALANCE Figures for Twelve Months Under Review Record a Favorable Balance of $52,000,000.Ottawa, Dec.7.\u2014Canada\u2019s trade for the twelve months ended October 31st, resulted in a favorable balance of trade of nearly $52,000,000, according to figures issued here.This compared with an unfavorable balance of over $30,000,000 for the previous year.The figures showed that imports from the United States had declined $146,000,000 in value and that sales to that country had dropped by $97,000,000, compared with the year ended October, 1931.Total exports from this country for the period were $524,864, 605 as compared with imports of $473,084, 805, the imports showing a decrease of over $200,000,000 and the exports a decline of over $122,000,000.Substantial gains in exports to France, Belgium and the Netherlands were shown and there was an increase of $2,000,000 to the United Kingdom, the first such increase in many years.Total exports to the United States for the period were $185,543,075, while imports from that country were $278,485,855, showing an adverse balance of trade with that country of over $90,000,000.BRITISH AND FRENCH LEADERS TO REVIEW UNITED STATES ATTITUDE Neville Chamberlain, British Chancellor of the Ejcchequer, to Join Parley Between Prime Minister MacDonald and Premier Herriot\u2014Fear United States Refusal to Suspend Payment of War Debt Instalments Will Menace Lausanne Accord\u2014Threatened British Reprisals Discussed.London, December 7.\u2014Neville Chamberlain, Chancellor of the Exchequer, left here today for Paris, where he will join Prime Minister Ramsay MacDonald and Premier Edouard Herriot, ol France, tonight in a discussion of the situation likely to arise from the United States\u2019 refusal to suspend payment of war debt installments due on December loth.It was understood the discussions would centre around the question of the Lausanne reparation agreements, which aimed to alleviate depressed economic conditions in Europe by temporary suspension of German reparation payments.It was recalled that these payments were suspended only on condition the parties agreeing to the suspension were not pressed by their own creditors.Great Britain\u2019s creditor is the United States.Whether or not insistence on war debt payment by the United States would mean that the Lausanne agreements could not be ratified could not be learned, although experienced observers said it was likely to mean just that Parliamentary gossip meanwhile centered on a clause in Great Britain\u2019s second note to the United States which intimated if the United States insisted on receiving from the United Kingdom the $95,550,000, due on the war debt installment, Great Britain would be forced to take steps restricting her trade with America.Sources close to the Government said these steps would probably not be in the nature of special customs duties against American products, but would take the form of restrictions on the business of the monetary exchange.The restriction, it was said, would probably work in such a way that a foreign country selling goods in Great Britain could not take sterling in payment and then purchase American dollars with the proceeds.It was stressed that the discussions which will open tonight in Pari?and probably will continue tomorrow were not aimed at the creation of an European bloc in opposition to the United States\u2019 demand for payment of its war debt.Foreign^ Office Reports Soviets,During Twelve Months a Total of DENY RUMORS THAT LINER IS IN DISTRESS Non-Committal on for Tri-Partite Peace Alliance in Manchukuo Tokyo, Dec.7.\u2014A Japanese proposal that Russia, Japan and Manchukuo act in ''close cooperation\u201d for peace along the Soviet-Manchu-rian border was disclosed by the Foreign Office today together with the_ assertion that the Moscow reaction was noncommittal.This information was made public .\t, a few hours after Rengo Japanese dian Missionaries Acclaimed as News Agency dispatches reported Japanese troops had entered Man-chuli, a far northwestern Manchurian City near the Soviet border.took adventurers As he concluded Mr.Lazure asked: had informed you that he had taKen , tjdv cabjns of the Carnm arsenic eighteen days before ms ; Captain Wanderwell\u2014the erst-death or were a proof produced I while Valerian Johannes Pieczyn-this effect, what would be your con-j Gej,man-Pole, world wanderer, elusions?\u201d\t,\t.J adventurer and accused of war* Dr.Fontaine\u2014 \u2018I would be firmly ^;me spying\u2014bad purchased the convinced and would not hesitate in ; jormer rum-runner at a Govern-stating that there was atjsolutely , nlen^ auction.no doubt but that death had been caused by arsenic.\u201d , , , ,\t., Dr.Fontaine admitted that he had only \u201cpresumed\u201d that Ludger Chap-delaine had died from poisoning.\u201cWhen I arrived in Montreal,\u201d he said, \u201cI was almost certain.But I am a prudent man.Prudence should ' ouality of medical The fifteen adventurers had signed on as members of the crew in order to avoid conflict with maritime laws, since federal authorities had declared the Garni a unseaworthy and had threatened to stop a planned world cruise.While police searched for Guy, Mrs.Wanderwell stated the trip be a foremoat ^-.\t-\t.\u2014- - - - men.That is why I was prudent m^vcuid not he cancelled, mv report.\u201d\ti \u201cWe will sail on Saturday,\u201d she He added that ptomaine poisoning ! said.\u201cBut we won\u2019t go unless I am from canned goods was possible, but j sure the Ganna js ail right.\u201d Mrs.rases where that had been eo were Wanderwell was Gilvis Hall before infrequent.\ther marriage in Winnipeg, she Tie most pathetic figure to ap- says, pear before the Court during this!\t- strangely interesting case was Dame THEATRICAL ROAD REVIVAL nMard,aT1oneROof *£ £ir «SeSj PROGRAMME IS ANNOUNCED Ohapdelaine\u2019s murder.Mrs.Bernard ^\t- was the principal witness produced t New York, Dec.7.\u2014 A theatrical by the Crown yesterday afternoon, \u201croad revival\u201d programme which and the tragic predicament in which 1 would give employment to 2,000 idle she found herself was manifest on: musicians and stage mechanics, and her wan features.Although candidly ! involve 3,000 actors and actresses assured by the Crown that anything has been announced by Stage, Inc.she might say in the course of herj The company, recently organized testimony would not be used at her by Harry Arthur, proposes to rehusband\u2019s trial, it was evident that open one hundred now - darkened she was tom between the desire to motion picture houses throughout (Continue» on page 2)\tI the United States and present, fifty1 t New York, Dee.7.\u2014 Two young Canadian missionaries to China, Dr.and Mrs.R.Gordon Agnew, were acclaimed today as co-discoverers of positive scientific proof of a diet that will insure against teeth decaying.A combination of phosphorus and vitamin \u201cD\u201d does the \u201ctrick,\u201d ten long years of research, recently concluded at the University of Toronto, have shown.Vitamin \u201cD\u201d comes mainly froni sunshine and cod liver oil, or their j substitutes.In order of their richness, phosphorus foods are c-gg yolk, milk, meats, leafy vegetables and the seeds, grains, roots and tubers.Dr.Agnew, graduate in arts from Victoria College and holder of a D.D.S., also secured in Toronto, discussed his important discovery here yesterday before one hundred leading scientists invited to a testimonial luncheon by governors of the West China Union University, a Pi-otestant university supported by Canadian, British and United States churches.Dr.Agnew is head of the department of pathology at the university, located, in Szechwan province.Mrs.Agnew, a bio-chemist, also was guest of honor at the luncheon.Sir Joseph Flavelle came here from Toronto to preside at the function.He said research in dentistry was begun at West China ten years ago after a member of the faculty was forced to make a four-months\u2019 trip to Shanghai because of trouble with his teeth.JAPANESE MILITARY AUTHORITIES ACCLAIM FEAT Tsitsihar, Manchuria, Dec.7.___ The Japanese military authorities acclaimed today the penetration of the great Khingan mountains by their troops as the greatest feat of the army since the Manchurian campaign began more than a year ago.At the same time, military headquarters asserted the arrival of Japanese troops at the Soviet-Manchu-rian border would come as a disap-piontment to the Soviets.The Japanese view was that the Soviets, like the Czars, had long coVetcd the Khingans as a barrier against possible Japanese invasion of Siberia.They held the Soviets had hoped General Su Ping Wen, the Chinese who fled in front of the Japanese, would be able to establish an anti-Japanese buffer behind the protection afforded by the Khingans.Later today the Chinese Eastern Railway announced that service between Manchulia, against the Soviet border, and Harbin had been resumed.Japanese military authorities have announced that ten guerilla chieftains and 23,000 of their followers have surrendered since October 1st, but some neutral observers said most of these would resume the conflict in the spring.48,318,392 Persons, Alien or Citizen, Crossed or Attempted to Cross International Border.SHARP DECREASE IS SHOWN IN NUMBER OF TELEPHONES The young Canadian research man, leading the learned group over his | work step by step, said that through 1\t.experiments carried out m the diet j j0{aj Number of Telephones in of 350 children and thousands of rats u \u2022 o i \u2022 iaoi nr over a two year period at Toronto,) Use in Lanr.da in 1931 Was 1,364,200, or 38,661 Less Than in 1930.and in earlier experiments on natives in China, he had been able to produce and prevent tooth decay in almost one.hundred per cent, of cases.The addition or subtraction of phosphorus or vitamin \u201cD\u201d governed the course of the action.Ottawa, Dec.7.\u2014The total number of telephones in use in Canada in 11)31 was 1,364,200, or 36,661 fewer than in 1930, which was the first time on record that two weeks a year, travelling popu- a decrease from the previous year lar-priced legitimate stage attrae- has been shown.This was an uv-lions,\terage of 13.15 telephones pere 100 The plan is to charge a $1 \u201ctop\u201d at population as against 13.78 in 1929, evening performances.\tand 16.4 in 1930 in the United Washington, Dec.7.\u2014Beseiging the gateways of the United States, 48,318,392 men, women and children\u2014alien and citizen\u2014crossed or attempted to cross the American borders during the year ending June 30.Of this vast horde of travellers, 7,064 were not allowed to enter the United States.Reporting to the Labor Department, Commissioner General Harry E.Hull, of the Immigration Bureau, described those who cross the Canadian and Mexican borders as the.greatest problem of his men The alien problem he termed an other serious factor.Aliens questioned by immigration inspectors, chiefly at Detroit, Buffalo, Niagara Falls, and El Paso, during the year numbered 22,862,697 and citizens quizzed totalled 23,996,022.A total of 35,567 aliens who wished to live in the United States were admitted.The others questioned were tourists or persons who cross the nearby border points for various purposes, but live n Canada or Mexico.In 1907 the peak year, 1,285,340 aliens were admitted as immigrants.The immigration border patrol during the year captured 22,735 ineligible aliens attempting to cross the borders, an increase of 231 over the previous year, and 149 smugglers were arrested.Deportations were 30,201 and 637 indigent aliens were sent home at their own request.Hard times caused 287,657 to depart voluntarily, many of them to Canada.MARKED CHANGE IN CONDITION OF TAXPAYERS U.S.Secretary of the Treasury Gives Statistics Showing Class of Taxpayers Who Produced Ninety-Seven Per Cent, of the Income Tax Has Sharply Diminished.OUTLINES PURPOSE OF THE FRANCO-BRITISH PARLEY Slight Mechanical Trouble, Necessitating Act of Bravery, Possible Reason for Spread of Rumors Concerning the Conte di Savoia.St.John\u2019s, Nfld., Dec.7.\u2014A report that new Italian liner Conte Di Savoia was in distress six bundled miles off the coast of Newfoundland, evidently was an echo of yesterday\u2019s despatches about heroism of one of her crew in repairing a cracked valve casing.The wrecking tug, Rhood Zee, which left here this morning to assist the liner, is returning to port.The Conte Di Savoia\u2019s mishap occurred on Monday night, when the captain had to send Gennaro Amat-ruda, able seaman, below the water line to mend a ten-inch hole.The liner today is proceeding towards New York.INCREASE IN ALBERTA COAL PRODUCTION Edmonton, Dec.7.\u2014An increase iof 304,074 tons in coal production I in Alberta from 3,435,901 tons in tho^ first ten months of 1931 to 3.739,975 tons for the ten months of 1932 ended October 31, was shown in a report issued by Hon.R.| G.Reid, Alberta Minister of Lands and Mines.The output for October, 1932.was 650,751 tons, an increase of 148,689 tons over October, 1931.States, which was the only country with a greater density of telephones.Germany, with 3,248,854 telephones, and Great Britain and Northern Ireland, with 1,996,897 telephones, had a larger number, but the averages per 100 population in these countries were only 5.0 and 4.3, respectively, and France, with 1,153,560 telephones and a density of 2.8, was the .only other country with over a million telephones.The greatest retrenchments during the year occurred in Saskatchewan, where 11,321 telephones were cut off, which was a decrease of 12.0 per cent.Alberta and Manitoba also showed decreases of 7,998 telephones, or 10.2 per cent, and 4,858 telephones, or 6.2 per cent., respectively.In Ontario 260 telephones were cut off, nut this was only 1.5 per cent, of *ho number in use in 1930.Prince Edward Island and Nova Scotia showed increases of one per cent., but the other prorinces recorded decreases.¦* THE WEATHER *-è BECOMING MUCH COLDER A pronounced area of high pres-j sure extends from the Yukon Terri-! tory southeastward to the Gulf of! Mexico, while a fairly deep depres-j sion is moving eastward across the i Great Lakes.The weather has been) fair and decidedly cold in the West-j ern Provinces and unsettled from Ontario to New Brunswick, with snow or rain in most districts.Forecast: Strong winds, with occasional rain, becoming colder tonight, with snow flurries.Thursday: Strong northwest winds or gales, becoming much colder, with snow flurries.New England: Probably rain tonight and Thursday ; colder Thursday.Temperature yesterday : Maximum 35, minimum 23.Same day last year Maximum 22, minimum 5 beiow.Washington, Dec.7.\u2014How the income of the country\u2019s taxpayers faded away in 193'0 and 1931, swiftly wiping out the United States Government\u2019s chief source of revenue and making new taxes mandatory, ivas explained to Congress in the annual report of Secretary-of-Treasury Ogden L.Mills.The Secretary gave statistics showing that the-class of taxpayers who produced ninety-seven per cent, of the income tax had sharply diminished.The class is that with incomes of $10,00-0 or above.In 1928 there were-15,780 taxpayers who had incomes of $100,000 or more, while in 1930 there were 6,152 and in 1932 this had dropped to 3,142.The number of taxpayers in 1931 having incomes of $5,000 or more decreased 27.1 per cent from 1930.The taxes dropped 49.4 per cent., with 556,120 persons paying $233,- 933.000.\tThe greatest drop was in the $100,000 or more class, which yielded $107,896,000, as compared with $237,716,000 during the year previous.The secretary said the net income of persons reporting $5,000 ! or more had dropped from 16,299,-! 000,000 in 1928 to $10,199,000,-OOO in 1930 and to $6,489,000,000 in 19,31.Income from the sales of) real estate stock, etc., dropped | from $1,843,000,000 in 1928 to $550,000,000 in 1980 and to $166,-000,000 in 1981, while losses deducted increased from $170.000,-000 in 1928 to $978,000,000 in 1930 and to $989,000,000 in 1931.Income from salaries and commissions dropped from $4,700,000,-000 in 1928 to $4,159,000,000 in 1930 and to $3,154,0-00,000 in 1931.Dividends decreased from $3,929,-000,000 in 1929 to $3,622,000,000 in 1930 and $3,154,000,000 in 1931.Business and partnerships, which reported income of $3,291,-000,000 in 1928, decreased to $1,- 974.000.\t000 in 1930 and dropped to $1,236,000,000 in 1931.Paris, Dec.7.\u2014Premier- Edouard Herriot said today that he will make no decision, regarding the.French policy on.the money owed the United States until after he has talked tomorrow with.Prime Minister Ram&ay MacDinald, of Great Britain.Mr.MacDonald, was in town today, but the two premiers will await the arrival .of Neville Chamberlain, British .Chancellor of the Exchequer, who is due tonight, before undertaking discussion of the situation.Mr._ Heriot quoted Mr.MacDonald as having said that the purpose of this Franco-British parley is, first, to clarify the attentitude of France toward Britain and toward the United States; second, to discuss the debt which France owes Britain, and, third, to talk over the Lausanne accord.The chiefs of government came from Geneva, where they discussed disarmament and attended the League of Nations Assembly meeting which considered the Sino-Japanese Manchurian dispute.As the French leader left the station, he was heard to remark on the \u201cgreat fidelity on the part of the British delegation and their irreproachable loyalty.\u201d There was no immediate explanation.HOOVER\u2019S REFERENCE TO CO-OPERATION WELCOMED NATIONAL DEFENSE COST FIXED Washington, Dec.7.\u2014President Herbert Hoover has fixed the national defense cost for the new fiscal year at $586,447,000, a decrease of $46,019,000 as compared with this year.These figures presented to the United States Congress in the Chief Executive\u2019s budget message covered recommendations for the army, navy and marine corps and excluded all items of a non-military nature.To obtain a proper basis of comparison, the President explained at the outset, there should be deducted $16,996,000, which represents the deductions made in the 1934 estimates, predicated upon a continuance during the fiscal year of certain provisions of the Economy Act.On this comparable basis the London, Dec.7.\u2014That part of President Hoover\u2019s message of the United States Congress dealing with war debts was discouraging to the London Press, but his reference to the co-operation of nations was warmly welcomed.Commenting on the President\u2019s reference to the overcoming of temporary exchange difficulties, the Times said : \u201cThere is only one method wheie-by these difficulties can be overcome, namely, accepting payment in goods and services, and it is perfectly certain Mr.Hoover will not suggest this, and that Congress wouè'd not consider it a moment if he did.\u201cThe only practical alternative is to pay in gold.\u201d Among results of payment in gold the Times saw the impossibility of Great Britain returning to the gold standard for a lon£ time.The paper said the outlook was \u201cnot completely discouraging,\u201d however, suggesting that the whole situation may be changed before the next payment becomes due.The President\u2019s reference to the co-operation of nations was warmly welcomed in some papers as an outstanding feature of his message.Attention of press and public alike today was fixed in the conversations at Paris.decrease was slightly more than $29,COO,000.The War Department\u2019s estimate was approximately $272,000,000 which was roughly $18,000,000 less than this year.Estimates of the navy were approximately $308,000,000, a decrease of $10,000,000.As last year, the personnel of the marine corps, which operates under the navy, would be cut again by about 1,700 enlisted men, but the personnel of the army and navy remains as formerly.The President stressed a decrease of $3,590,000 for equipping and training the National Guard, which would curtail the number of armory drills per year from forty-eight to (Continued on page 2) 8455 PAGE, TWO SHERBROOKE DAILY RECORD, WEDNESDAY, DECEMBER 7, 1932 Financial News MONTREAL OPENING AND NOON PRICES The following quotations of today\u2019s prices on the Montreal Stock Exenange ars furbished by McManamy k Walsh ; \tOpen\tHigh\tLow\tNooe Brazilian .\t.\t9\t9\t9\t9 Beil Tel\t\t\t95\t94%\t94 Vi | an.Car \t\t*%\t31-4\t3*.\tSV*» Lan.Cement .\t3\t3\t3\t3 Gan.In«I Alcohol\t2*\t\t2N\t*H Can.Pacific .\t1514\t15K\t15H\tISM Con.Smelting .\t65\t65\t65\t65 t)om.Bridge .\tmi\tnvi\tmt\tmi Dom.Textile .\t52\t52\t52\t62 Ir.t Nickel .\u2022\u2022\t»%\tVH\t\t9H Most.Poorer .\t31%\t311;\t£1\tSI Power Corp.\t8K\tSN\tSH\t8% Shawinigan .\t10\t10\t10\t10 EASIER TREND THIS MORNING AT MONTREAL LITTLE HOPE IS HELD OUT FOR SHIP\u2019S CREW MARKED CHANGE IN CONDITION OF TAXPAYERS NEW YORK QUOTATIONS The îonowirji fluctations of -Maj-*a prie*» on the Net?York Stock Exchange are furnished by McManamy & Walsh: \tOpen\tHigh\tLow\tNr**»» Am Can\t\t52*4\t54\t62H\t53»;1 Am.Smelting .\t13%\t\t1*%\t1«4 j Am.T.& T.\t107\t107&*\t1065s\t107»; j Atchison\t\t43%\t41U\t40?i\t41U j BaJti.& Ohio .\t10\tlOU\t10\t10 i Beth Steel \t\t1 D1^\t16\"s\t164\t164 \u2018 Can.Pacific \u2014\tm*\t1S&\tm;\t134 Chesapeake & Ohio .\t25 U\t26 Vs\t254\t26 Chrysier\t\t16'4\t16*s\t16\t16»; \u2018 General Motors .\t13-s\t14\t134\t134 1 Inter.Harvester\t21H\t22 H\t21H\t224 \u2018 Inter T.& T\t.£ H\t8 V$\t84\t84 Sear?Roebuck .\tml\t20\t19»i\t194 Stand.Oil of N.J\tSAD\t30\u20193\ts&4\t304 \u2019 South.Pacific .\tmi\tIS\t174\tIT* 1 Stand.G.& E.\tI2H\t13\t12»;\t13 Union Pacific .\t69\tnV4\t69\t70-4 V.S.Steel \t\t331i\t34\t334\t334, market opened lower and at noon prices were mainly quoted at the initial figures.Brazilian and International Nickel each eased 1s, the former at 9, Nickel to 9%.Canadian Pacific was unchanged at 15'i, Montreal Power was off U at 31.Power Corporation at S%, Dominion Steel and Coal *'B\" at 1% and Abitibi preferred at 1 each showed losses of 3s; Winnipeg Electric yielded 'b to 3.Consolidated Smelters, which came out in broken lots only yesterday, moved up 4 to 65.Canadian Celanese preferred opened a point lower at 80 and then advanced to 82 for a net gain of a point.Shawinigan moved against the trend, selling *4 higher at 10 as did Dominion Bridge a little wooden steamer Sand Beach.Two of her crew were known to be dead.The bodies of Captain B.M.Moody and Andre .Berg were washed up on the beach of Bay St.George.Just how many men the Sand Beach had on board when she left the Humber River port was unknown here.She had sailed from Halifax for salvage operaitons in the Strait of Belle Isle on September 25 with a crew of twelve.She may have taken on more before metal gfobm hmeh hrd shrd hrdlu proceeding to Point Amour to taxe metal from the wrecked cruiser Raleigh.The Sand Beach, 248 tons gross, __ __\t\u201e\thad come through one trying ex- 11%.Steel of Canada preferred perience, working her way to the Continued From Page One.twenty-four.Also in connection with the National Guard, $1,592,-000 would be saved in the citizens\u2019 summer training camps, with the number of trainees reduced accordingly.The principal item of army de-truction, for which appropriated in item was included in the present budget.The chief army increase provided for was 84,483,000 for subsistence, due to the fact the appropriation for 1933 was supplemented by $5,-Cornerbrook five days ago on the 435,000 of excess stock and funds Majority of Issues on Montreal Two Quebec Men Formed Part of 1 crease is constru Stock Exchange Thi* Morning, Crew of Wooden Steamer Sandj f Recorded Fractional Declines.Beach.Montreal, Dec.7.\u2014 Prices eased St.John's, Nfld., Dec.7.\u2014Hope fractionally in quiet trading on the grew faint today for the survival Montreal Stock Exchange today.The of any man who put to sea from .\t»\ti .\t___j\t_____ i\"'/*\tnave\tno*/-» r»n tn
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