| ie ae ee | ‘THE DAILY NEWS THE LEADING NEWSPAPER IN NORTHERN BRITISH COLUMBIA Published Daily and Weekly Guaranteed Largest Circulation HEAD OFFICE Daily News Building, 3rd Ave, Prince Rupert, B.C. Telephone 98. TRANSIENT DISPLAY ADVERTISING—50 cents per inch. rates on ee DAILY EDITION . aay ED Monday. January 10, 1916. Contract = = MONEY POWER The financial world is agreed that the outeome of the war depends upon staying power, and staying power simply Money, or its equivalent. is to a nation at war what a full supply of good blood is to an athlete in a contest. Money is, in fact, the life-blood of a nation at war, men, munitions, ships. ete., are the muscles. Without a steady supply of the former, the latter cannot be kept up to fighting pitch. Authorities are satisfied that in this great contest of staying power, the advantage lies most with the Allies, because of the financial Britain. Britain is splendidly fortified by her great navy, and wonder- fully served by her wonderful army, but her real fortifications at the outbreak of the war con- sisted of money in her banks to the amount of $6.000,000,000; investments abroad of $200,- 000,900,000, and investments at home of $200,000.000,000. Such figures, to the lay mind, are staggering. We hear much of the sinews of war, but the blood which feeds these sinews is the really important thing. In speaking of finances, it is] interesting to trace the origin of banking, for Britain’s great banking system is largely re- sponsible for the existence of the British Empire. Up to the 14th century, the people of Britain were tied to the soil by a feudal system, which knew no money, the tenant paying his rent to the Lord of the Manor by giving his labor: ser- vice, or produce. About the end of the 14th century, money came into existence, and, with it, a tremendous step forward in social progress. For two centuries, people did grasp the importance of In fact, it disappeared as issued, means finance. red while power of not money. almost as fast as it w = EE utation existing for“ 710 Carpenters’ Tools ae EMPRESS CO WHOLEGALE DISTRIBUTOR Get “More Money” ior your Foxes Muskrat, White Weasel, Beaver, Lynx, Wolves, Marten and other Fur bearers collected in your section SHIP YOUR FURS DIRECT to “SHUBERT” the largest house in the World dealing exclusively in a reliable—responsible—safe Fur House with an unblemished rep- cessful record of sending Fur Shippers prompt, SATIS FACTORY AND PROFITABLE returns, the only reliable, accurate market report and pricelist published. Write for it-NOW—it’s FREE STIN . LO] A. B. SHUBERT, Inc. Bere enieaGo, USA. SECOND Suiiders’ Hardware Ship Chandiery Wire Cable Stee! Blocks Fishing Tackle tron Pipe Pipe Fittings Rifles and Shotguns Rope Valves Ammunition Pumps Hose Paint Stoves and Ranges Rubberold Roofing Corrugated iron “WE SELL NOTHING BUT THE BEST” FRED STORK’S a sock; an old shoe, or a strong box being the usual receptacle a ff OAILY NEWS — by a $5,000 guarantee. contain the best materials be anything like as good as the soap with a — 142 Sunlight Soap has a high stan- dard of purity which is ae a soap has no standard there is noreason why it should always be of uniform quality, always Sunlight Soap or == for it. Every house had its hidden hoard, littie. Practically the only form of in- called big or vestment, if it can be such, was the putting of money into gold plate, which may or may not have been the origin of the “gold brick” idea. ‘This gold plate buying brought into existence a large number of dealers in precious metals, with the result that the goldsmiths became the most influential class in the country. A growing tendency to deposit money with the goldsmiths led to these gentlemen becoming lenders. Dealing in money be- came more jmportant as a business, and. ultimately many goldsmiths went entirely into what was really a crude form of banking. The government set a maximum rate of interest, which dropped from 140 per cent. to 5 per cent. in two cen- until the usury laws were repealed in 1824, after which people made the best bargain fhey could. During the Cromwellian commonwealth there was a big influx of Jews from the con- tinent to England, bringing with them a standard of finance and knowledge of exchange hitherto unknown in Britain. Those Jews inaugurated a fin- ancial connection with the con- tinent which gradually evolved a centralising of a money mar- money- turies, ket in London which led to the ]is founding, in 1694, of the Bank of England. mation of this bank, the gov- ernment had done its borrow- ing from private individuals as best it could. ~~ o = Ss Se AVE HARDWARE cheerful Prior to the for-Jof attitude—one government bank. During the Napoleonic wars it carried Britain to triumph, enabling her to take the leading place in commerce and making London the financial centre of Other banks sprung of which developed the world. up, many into larger concerns than the Bank of England, but the ‘old lady of Threadneedle Street’ remained the pivot around = which the others moved. When this colossal struggle broke out, it found the financial forces of Britain centralised in London. There was no conceived concentra- tion, the movement being simp- ly a matter of evolution, the experience of the past paving the way for the future, as in everything else. The found this huge network of financial arteries ready to meet the situation, with a tremen- dous power of drawing strength from every corner of the globe. Germany also had a great banking system spread- ing throughout the world, but Britain and her Allies, early in the war, cut the Teuton arter- ies and the German Empire to- day pre- idea of erisis new is bleeding to death. CABINET MINISTERS TO RESPECTIVE ROLES (Continued From Page One.) Mr. White’s privilege to be and to make no bones saying so just as it is Sir George Foster’s duty to remind the voters that those who pay the piper. play It was the irony of fate that wished the role of official croaker on Sir George. The minister of trade and commerce had become advancing age He was looking back mellow with and philosophy. at life over his shoulder and was in a position to say, as he did, a plague on both your parties. He could afford to look on while his colleagues gouged each other’s eyes out and say “let the little darlings play.”. That was his of genial detach- ment from political strife. Hay- ing attained himself he cultivated a indulgence toward those who still mingled in the conflict. mad- dening crowd, a minister of trade peace serene Far from the and commerce, with nothing to do but travel for body’s health and his soul’s comfort, he beam- world like a that is if sunset that his ed on this hard beautiful van imagine a through its nose and wears chin- sunset— you talks whiskers. At all events there was a benediction in his manner and it suited him well. Whenever anybody started trouble at Ot- tawa. Sir George took the wings of the morning to the uttermost parts of the earth whence he re- turned, bearing with him a reciprocity treaty by which Australia traded boomerangs for our once the row was over, Christmas three years, sometimes bagman anon yogi, Then the war came and jolted him wrapt in beautitudes out of his nirvana, Somebody had to remind the people of their responsibilities. Somebody had to tell them to sil tight and save money and make provision against the taxes which Continued on Page three. CITY OF PRINCE RUPERT Monday, January 10, 1916. ato G.T.P. SCHEDULES Gs XGips Steamship Service to South S. S. Prince George sails every Saturday at 9 a. m. S. S. Prince John Sails every Tuesday at 7 p. m. . . Train Service to the East EFFECTIVE JANUARY 2ND, 1916. Passenger Trains leave Prince Rupert on Mondays and Thursdays at 10:30 a. m.for Edmonton, Winnipeg, Toront Montreal, Ottawa, York and all Eastern “THE ROAD OF MARVELLOUS SCENERY” On Saturday also Mixed Train carrying passenger coach New Points, leaves for Edmonton at 6 a. m., making close connections there with regular passenger train for Winnipeg. full information regarding travel to any part of the world apply G. T. P. TICKET OFFICE, 3RD AVE. Agency all Atlantic and Trans-Pacific Steamship Lines. For Steamship and Sleeping Car Reservations, and NOMINATION NOTICE Public notice is hereby given to the Municipality of the City that I require the pres- electors at the City Halil, on Monday, the | 1916, at 12 o'clock Electors of the of Prince Rupert, ence of the said Clerk’s office, City 10th day of January, noon for the purpose of electing persons | to represent them in the Municipal Coun- ell as Mayor and Aldermen. | The mode of nomination of candidates } shall be as follows: The candidates shall be nominated in} writing; the writing shall be subscribed | by two voters of the Municipality as pro poser and seconder, and shall be delivered to the Returning Officer at any time be- tween the date of this notice and 2 p,m. the day of the nomination; the said writing may be in the form numbered five in the schedule of the Municipal Elections Act, and shall state the names, residence, ind occupation or description of each per son proposed in such manner as sufliciently 0 identify such candidate; and in the event of a poll being necessary, such poll Will be. opened on the 13th day of January, 3 1916, in the Council Chamber at the City Hall, Fulton Street, from the hour of 9 a m, to the hour of 7 person is hereby requested to take p.m., of which every and govern himself accordingly. CANADIAN PACIFIC RAILWAY DENTISTRY | ! CROWN AND BRIDGE WORK A GPECIALTY DR. J. F. BROWN DENTIST Smith Biock, Third Avenue Phone 454 Lowest rates to all Eastern Pointe via Steamer to Vancouver and the CANADIAN PACIFIC RAILWAY Office: Meais and berth Inciuded on steamer : PRINCESS MAQUINA SOUTHBOUND SUNDAY, 6 P. Mm. PRINCESS MAY FOR ALASKA PORTS : : : MONDAY, JANUARY 10TH. Prince Rupert Dairy {] ..: cers.serms ser, Has cut the price of Milk in half Office corner 2nd Street and 8rd Avenur u PURE FRESH MILK = $ /PACIFIC CARTAGE LIMITED ~— Delivered in city at 10c per (Successors to Pacific Transfer Co ‘ quart and 5c per pint QGenere! Cartage aa weet LADYSMITH COAL 4 Phone Green 252 a ae Se ee ae 4 notice ; Qualification for Mayor. The persons qualified to be nominated ‘or and elected as the Mayor of any city shall be any person who is a male British subject of the full age of twenty-one years, not disqualified under any law, and nas for the six months next preceding the day of nomination been the registered swher in the Land Registry Office, of and or real property in the city sessed value, on the last municipal assess ment roll of One Thousand Dollars o1 more over and above any registered jud¢ > ment or charge, and who is otherwise duly qualified as a Municipal Voter. Qualification for Alderman. Persons qualified to be nominated for ind elected as Aldermen of a City shall ve such persons as are male British sub jects of the full age of twenty-one years, and who are not disqualified under any aw, and have been for the six months next preceding the day of nomination the Registered owners, in the Land Registry vilice, of land or real property in the City of the assessed value on the last Municipal Assessment Roll of Five Hundred Dollars | ¢ or more over and above any registered of as PEL LLOLG y rene. Alex M, Manson, B.A. W. E. Williams, B.A, LB WILLIAMS & MANSON Ff Barristers, Solicitors, Etc. MONEY TO LOAN Sterling Marine Motors Can be purchased In town. A Motor that will give you en- Box 1585 | tire satisfaction. Built for Paeereon alee Prince Sugrtt Bo i hard work. Guaranteed. is —HEAVY D — eee « JAMES GILMORE FISHERMAN’S ENGINE Architect 2 Cyl.—6 1-2 In. by 7 In, 12-15 ie Horse Power. 2ng Avenue, near McBride Stree { 4 Cyl.—5 1-2 In. by 8 In., 28-35 ae oT Sa Horse Power. Do your remodeling with a first- class engine. B. €. UNDERTAKERS FUNERAL DIRECTORS AND EM- BALMERS — SATISFACTION G@UAR- ANTEED—OPEN DAY AND NIGHT 117 2ND STREET—PHONE 41 Further Information Apply to W. €E. Williscroft, Phone Blue 608, or D. Brown, Elec- trician, Phone 383. For judgment or charge, and who are other duly qualified as Municipal Voters. wise School Trustees. I am notified by the Secretary of the School Board that it will be necessary t& nold an election for two trustees to serve fora term of two years, to take the place f Messrs. P, W. Anderson and Dr. W. 1 Kergin, whose terms have expired, also for a trustee to fill the vacancy caused by the resignation of J, A, Kirkpatrick, to serve for a@ term of one year. It will therefore be necessary that nominations be handed to the Returning Officer at the place and time as in the case of Mayor and Aldermen provided by Statute as set out above, In city districts of the first, second or third class, any person being a British subject of the full age of twenty- one years, and having been for the six months next preceding the date of nomi- nation the Registered Owner in the Land Registry OMice of land or real property in the city school district of the assessed value on the last Municipal Assessment roll of Five Hundred Dollars or more over and above any registered judgment or charge, and being otherwise qualified to vole at an election of school trustees in the said school district, shall be eligible to be elected or to serve as a school trustee in such city school district, Given under my hand at Prince this third day of January, 1916, ERNEST A, WOODS, Returning Officer school Rupert Jan. 13, CITY oF PRINCE RUPERT The eleetors of the City of Prince Ru- pert are hereby given notice that ii si the intention of the Municipal Council to take a vote at the coming elections on the following question; “Are you in favor of the proposed Private Bill, notice of which has been advertised in the Daily News and the! B, C, Gazette, relating to the financial | position of the City, authorizing the | convertion of our present debt to An trees or some useful gift like that. mean Such was Sir George's lot for nuity or Serial Bonds?’ J 13. ERNEST A. WOODS, City Clerk, The Royal Standard Test Here's where we test the choicest samples of Canada's six million acre wheat crop. We grind them into flour in the little mill you see on the left of the picture. Then comes the supreme test--bread-baking. If the bread is perfect in every way we pronounce the wheat Al and the flour--ROYAL STANDARD. AT YOUR GROCER’'S Vancouver Milling & Grain CoL te ‘ancouver. New Westminstér. Naneimo, Victoria, F. G. DAWSON ae nent em — FFEE | PRINCE RUPERT, B. C.