ie re THE LEADING NEWSPAPER IN THE DAILY NEWS © 4 NORTHERN BRITISH COLUMBIA Published Daily and Weekly by THE PRINCE RUPERT PUBLISHING CO. LTD., PRINCE RUPERT, B.C. SUBSCRIPTION RATES—To Canada, Daily, 50c per month, or $5. All Other Countries: $2.00 per year. United States and Mexico: 00 per year, in advance. Weekly, Daily, $8.00 per year. Weekly, $2.50 per year, strictly in advance. TRANSIENT DISPLAY ADVERTISING-—50 cents per rates on application, inch. Contract HEAD OFFICE Daily News Building, Third Ave,, Prince Rupert, B. GC. Telephone 98. BRANCH OFFICES AND AGENCIES New York——National Newspaper York City. Seattle—Puget Sound News Co. London, England—The Clougher Trafalgar Square. Bureau, 219 Bast 23rd 8t., New Syndicate, Grand Trunk Building, Subscribers will greatly oblige by promptly calling up Phone 98 in case of non-delivery or inattention on the part of The News carriers. DAILY EDITION SHALL IT BE EIGHT TO FIVE? If there is any basis of fact for the despatches from Ber- lin indicating that the German Budyvet Committee is disposed to consider the limitation of armamentsethe whole world will rejoice: The competition in the building of Dreadnou- gehts that has made bad blood between Germany and Great Britain has lasted about eight and has grown steadily more dangerous to the The German for years, world’s peace. programme was admittedly designed to make any attack on Germany an extremely haz- ardous matter even for “the greatest naval power.” In Bri- tain not a few men of influence in the press and in parliament declared that the German navy was not intended for defensive purposes merely, but was be- ing built to proteet and convoy an invading foree that would some day be launched at the heart of the British Empire from the fog-shielded waters of the North Sea. It may be that the German war party desired a navy strong enough to take the of- fensive but Germany has not now, and will not have for many years, a fleet powerful enough to hold the North Sea open for the passage of an in- vading army. If the statesmen of Germany are content to make an arrangement with Britain by which Germany is to build five Dreadnoughts ag- ainst Britain’s eight there can no longer be reasonable ground for believing that Germany contemplates the conquest of the British Isles. If British sea- manship and naval science mean anything at all, an at- tempt at invasion with fleets of equal size attacking and de- fending would be evidence of recklessness such as the Ger- mans have never yet shown. With a superiority of sixty per cent. on the Side of the de- fence the British Isles would Friday, Feb. 241, 1913. | be as safe as they were after Trafalfar. An agreement for the limit- ation of British and German} naval programmes along the line indicated in the despat- ches of Saturday would be a long step forward in the dir- ection of universal peace, for the chief danger of civilization today is the rivalry of the two great trading nations of Eu- rope. A firm friendship be- tween Britain and Germany would leave both peoples free to continue the marvellous in- dustrial development and the remarkable social reform pro- grammes that differentiate them from the other nations of Europe. In the rivalries of peaceful expansion the Briton and German have scope en- ough for the exercise of the genius of the Teutonic race. Let us have peace!—Toronto Globe. ———-0 PUNISHING THE INNOCENT. Warden Gilmour, of the Central Prison at Toronto, made a strong protest, in the course of a recent address against the all too familiar practice of punishing the mother and children for the offences of the husbands and fathers. Of course it is not the avowed purpose of the law to do this; but such is the ef- fect of carrying out ihe law in many cases. The man is sent to jail for an offence. He deprived of his liberty while there, which may or may not be regarded by him as a very serious punishment, but while in jail he is clothed, fed and housed. His wife and children, meanwhile deprived of his earnings, are left to their own resources. They may have food and clothing and lodging, or they may not have. Surely it is not beyond the resources of modern civilization to de- vise some means by which the earnings of an offending hus- band and father would still be available for his wife and fam- Is ily while he is in prison. “FROM HOME TO HOME.” HOTEL ELYSIUM Sid. Sykes, Manager The Finest, Newest and Most Up-to-date Hotel in Vancouver. Excellent Cafe. 1142 Pender Street West Moderate Prices, - - Vancouver, B.C. Phone 86500, ye reel 1 Scoop’s Love-making London Observers Comment on Canadian Municipal Finance London, Feb, 19——"The action of leading Canadian banks and others doing business for Can- jada in curtailing accommodation and forcing big borrowers into the market has undoubtedly clear Friday, Feb 1 494 Sir Edmund Walker a Witness Before the Currency Reform Committee at Washington. Feb. 19.—Sir Ed- mund Walker, president of the Canadian Bank of Corhmerce, before the currency reform com- mittee of the House, declared the defects of the United States Washington, ed the air as regards the finan- icial affairs of the Dominion,” | says the Observer's financial | jeditor, Continuing’ he says: “Tt is natural in a big country jwith responsibilities and a dis-| jposition to go ahead that inflat-| ed ideas of it svalue and import ance, should be current. It be- evident that the country was becoming over financed and warnings, though at first falling on deaf ears, were clearly noted by the banks which steadily bro- ught pressure to bear Had their advice ebeen taken earlier, neither Toronto or Montreal would have been faced with the recent diffi- culty in placing money jcame on easy terms. -The banks saw the diffi- culties coming and see now the difficulties occasioned by a new issue rush after the war. Partly for their own sake and to set the balance free and partly for the sake of important borrowers they have urged these be made, but Montreal apparent- ly still delays. “The days of the 4 eent. issue near par are over, for the time being, and we can well un- derstand that great like Montreal and Toronto may not like the fact, but that is probably because their civie rulers fail to grasp the position of the Euro- pean money markets.” msues to per cities LATEST BANK MERGER Government Notified That Home Bank Wishes to Absorb Internationale. Ottawa, Feb. 19.—The Domin- ion government has been formal- ly notified by the Home Bank of Canada, with headquarters at Toronto, that it has entered into an agreement for the purchase of the entire assets of the Banque Internationale du Canada. The Minister of Finance is requested to give his assent to the measure The bank which the Home Bank proposes to take over is the enterprise of Sir Rodolphe Forget, which was recently under discus- sion in the House of Commons on the motion of Hon. Rodolphe Le- mieux, who claimed that the French shareholders were not fairly dealt with. It is said to be altogether probable that in view of the pro- posed merger of the two banks there will be a renewal of the demand for an enquiry into the affairs of the Montreal institu- tion before assent is given to the merger. TO AVERT STRIKE ' One Last Attempt to Arbitrate Raliroad Men's Difficulties New York, Feb. 19—Judge M. A. Knapp, of the United States Commerce Court arrived in New York from Washington this morning for a final conference with officers of the Brotherhood of Locomotive Firemen and En- gineers in the hope of averting a strike against fifty-four eastern railroads. If no means of arbitration is then arrived at a strike will be called, effective within forty- eight hours. jnot grown in relation to the great} banking system to be a lack of flexible curreney, fixed reserves which dissipated needed cash in| times of stress and the absence MUST INCORPORATE TO GET LEASE Prince Rupert Athletic Associa- tion Want to Get Lease of Grounds 7 a. T. P. A meeting of the Prinee Ru pert Athletic Association was held at the city hall Wednesday evening. The main that came up for discussion was the question of This an immediate if they are to secure a lease from the G. T. P. of a piece of ground for athletic purposes, The ‘business incorporation is necessity mat of a rediscount bank. Edmund declared that the banks of the Unitéd States had} Sir industries of the country and} that they were now “behind the times.” He recommended a system of regional banking or- ganizations to strengthen the in- dividual banks but said that he “was not in favor of the Ablirich plan without qualifications.” In these regional divisions, he said, the banks should be allowed to asset currency in note form which would appear as it was needed and disappear when| the need for it had passed. The| national bank note system, he} issue ban« said, should be continued and perfected. The witness thought that in addition to maintaing the na- tional banking system, the “in- dividual banking system” should be aided by the government. He recommended that permission be granted to private bankers to establish large banks in the large cities of the country with branches in foreign countries. He said bad banking would be prevented by government guar- antee of deposits. JAIL FOR TRUST MAGNATE Head of Cash Register Company Sentenced to One Year Cincinnati, Feb. 19—John B. Peterson, president of th» Nat- ional Cash Register Company, who with twenty-eight other of- ficials or former officials of the company, were convicted of crim inal violation of the Sherman anti-trust law, has been sentene- ed to pay a fine of $5000 and to serve one year in jail. Forty years in use, twenty years standard, prescribed and recommended by physicians. For Women’s Ailments, Dr. Martel’s Female Pills, at your druggist. PCE RUPERT vy | | - ANNEX Owned and operated by the Grand Trunk Pacific Railway on the American and European plan. Excellently furnished, with steam heat, electric light, and all modern conveniences, being abso- lutely first-class in every respect. The appointments and service are equal to any hotel on ‘he coast. Rates: $1 to $3.50 per day. G. A. Sweet, Manager. The Daily News has the larg- est circulation in Northern B,C. ter of the lease is under consid eration at the oMeces of the com pany at Winnipeg at the present) moment. It was decided to apply for incorporation right The present officers of the asso ciation are: Landes; secretary, W. D. treasurer, H. J. W. Brooks Frank Mobley, who was and who was approached to his willingness to the presidency, said that he thought it would be for away Vance; Mr as advisable him possibly to come in later, but that) jhe was heart and soul i pathy with the objects of the as sociation, n evm John propri Hotel, homes in Stewart Agent Jamieson, Government Con way and M. Rh of the Northern turned to their Wednesday evening on the Prince John. etor re Magazines :: Periodier|s :; Newspapers CIGARS TOBACCOS FRUITS 2nd Ave. Below Kalen Isiand Club DEMAND Royvat Reserve WHISKY. AGE & YEARS GUARANTEED BY THe GOVERNMENT ) oF CANADA. RecommMeNvDEeD FOR THe INVALID Tne Home Tne Connoisseur Tne Pusuic who naturally want the best. Ace, Purity and MELLOWNESS UNSURPASSED. DISTRIBUTORS Prince Rupert Importing Co., Ltd PRINCE RUPERT, B.C. 1836 THE BANK OF 1912 British North America Capital and Reserve Over $7,500,000 Bank by Mail and Save Trouble If it is inconvenient for you to get to town every time you wish to deposit or with. draw money, call or write the Manager of our nearest Branch You simply mail us your depositsor write for whatever cash you need. Interest paid half-yearly on all Savings Accounts, Does Not Progress Ve Prince Rupert Branch, F. S. LONG, Manager, President, F. L.| present} RUNK Jan, 12th, 26th, Feb. th, No Nine month excursion rates in effect. ( with the excursions and fast trains of } Gsoea 5S. PRINCE RUPERT coreg leaves for Vancouver, Victovia Na il ¢ and Seattle | FRIDAYS, 9 A.M | “PRINOE JOHN” ror Port Simpson, Oranby Bay, Stewart, Naas, 11 a. m., ja, Sth, 10th, March 6th 10th For Masset and Naden Harbor, 12 p. m., Jan. tom gan ' March 7th, @is: For Skidewate, Aliford Bay and other Queen Charlotte tsiang @. T. P. RAILWAY PASSENGER GetAvice 2 leaves Prince Rupert 10 4. m. Wednesday and a, Grand Trunk Railway System (The Deuble Track Route) Agency fer all Atlantic Steamehip Lines. A. ©. MOMABTER, jeneral Agen: 23rd, March Oth, 93rd hoice of routes t the Grand Trunk ag Ra Fo: atl infermation Spply te eet S. S. PRINCESS BEATRICE Southbound—Sat., Feb. 22nd, 8 p. m. J. @. MONAB, General Agent ‘UNION 5.5. COMPANY OF 8.6, WW | The Twin Screw Steaner “Venture i } | | i | Arrives from Vancouver Every MONDAY NIGHT | Sails for Port Simpson, Naas River Points| and Granby Bay Tuesdays, 8 a. m. | | Salle for Vancouver WEDNESDAYS, 2 P. mM. Rogers Steamship Agency Phone 116 | Westholme Lumber Co. LIMITED — Lumber and Mouldings All Kinds of Building Supplies Phone 186 Georgetown Sawmill Co. Lid. Lumber Mouldings A large stock of dry finish- ing Re * hand. Boat umber a specialty. Delive made at short notice. = Our prices are as low as any. Call on us before ordering. OFFICE; EMPRESS THEATRE BLDG. Cor. 6th St. and 2nd Ave. ry Fast ' ee, THE IROQUOIs POOL English and America k arde Twelve Tables BOND Av, Basa et FSS Empress Bowling Aly AND POOL ROOM 4 ALLeYs 12 TABLES Best Fitted Most Luxurious e Coast " M4. E. ROSE, Prep. rd Ave. LINDSAY'S 334 G, T. P. Transfer Agents Orders promptly filled Prices reasonable OFFICE H. B. Rochester, Contre se Phone COAL New Wellington Coal. Best on th Coast Phone 116 Rogers & Blac SMITH & MALLETT THIRD AV? Plumbing, Heating, Steamfitting and Sheet Metal Work ithe : Ord Ave. iM and Ave ‘Valhalla’ of S.H. & EF, (BCAN DIN ANIAN SoctrTt Meets every 2nd and 4 resday atl p.m. in the hall at rd Ave D. C. STUART Accountant 308 2nd Ave. Phone 20 Auditor for the City of Prince Rust PRINCE RUPERT. 8. © Alex. @. Manson, B. A. W. E& Williams, 8A, ELE WILLIAMS & MANSON Barristers, Solicitors, Etc. Box 285 Meigereon Block Prince Rupert, & 6 P.O. BOX @ PRINCE RUPES? JOHN E. DAVEY TEACHER OF SINGING PUPIL OF WM. FOKON, mBq. 4.8.A.M., 108 mH — HAYNER BROS. UNDERTAKERS ano EMBALMERS funeral Directors Srd Ave. near 6th St E. L. FISHER Funeral Director and Empaimer CHARGES REASONABLE Phone NIGHT 2nd Ave ANI 2nd Gt, oor. OPEN DAY fer The Daliy News by “Hop” eee OD ME TO » G ° ‘e ALU 49 9 ag eo (fi — Drawn OF ALL THE CAusT- _ | (XZ BEG@~OUR PaRoors, Mat DIDNT AXxK THE PLEASURE poe, | BAD T UMIpER>TAND "OH oF MY company BuT End 0 SAN You WisHED a nn orem BEATRICE Done LP DFT - ATE & TH STARCH: saciare ee i Qe GVA « INTL & SYMP -