s . ur-'ay December 11. 1020 J V..VVii in. aU MERVOUSNE&S . a IN irriooi matter. Nrrve txhiMtion which fallow! it often irrenar-jbU. Nrrvo irouMrt should be uVta to a ncrvf cipcrt. rot;? NERVES CONTROL YOUR For your tmlth'a sk Consult d. a. McMillan I'almrr (irndualr CIIIIIOI'ltACTOH Koornn 6 & 7, Kxchange It lock I'hnne C'Jl pATHO JSjCUROMErai When Shopp.ng for Christmas Gifts come to "Demers" I'hnne 27 P.O. Km 327 SKW YOUG HEELS TO Wl NTEtt MCf WE OU9CWI AND WlNy i -eaV - Water's a pretty lonir-w 'Jed fellow and Rives a w i oal pile n hard run for lf.i money. You're In earnest to win a warm home so arc we. to help you. Let's ro. Phone u now. NANAIMO WELLINfiTOX nnd ALIIEHTA SOOTI.KSS Albert & McCaftcry Limited Phnnen lltl nnd 117 Dr. Alexander Smith Blook Phona 676 DENTIST It fa . a m... ir;:.ii:IIVE om:,t made till FOR TAKINC OVER LOCAL I'OWKU FKANCIIISK (continued from page one) IL...I iaw ail transit Indication of AUUUl II"' .... ' exhausted nerves l alcepleasneM. You may have headaches and in-! dictation. You may be nervous and ; Irritable. Hut the most distressing i symptom Is lying; awake at night unable to rest or sleep. Mr. Fred Rom, Dresden. Ont. writes: ! - "I certainly can sympathize, with anyone who suffers from nerve trouble. : For many months I was afflicted with nervoumcM. and after going to bed sleep. Dr. Chase. Nerve Food was recommended to me. so i I .aw it trial. I found it splendid treatment as I can now .enjoy a eood nlEht rest. For the nerves, the best password I can sive ia 'Dr. Chase's Uerve Food,'" West P. O. Box 247 RcglrJonco, 244 Firth Avenue ANGER, The Tailor Pine Imported Scrgo M'd Scotch (tA HA Tweed Suits tnndo to order In 01ir Vll uu shop in Prince llupcrt ft low aitv I, ANGER, Cutter Prince Rupert, B. C. 223 Sixth Street UNION STEAMSHIPS LIMITED victi'K T,,r",Uy' -.r VAN,o,:vi:.t. vlNtoHVUt, snd .o H-T. "c. rdsy, r VICTO.IIA. Alert llsjr WitT" AHM. HTKWAHT ami Nas. Klvrr "r NIMPSON. ASYOX. AUCB m iSSr NMITH. Atrnt. Prince Huuert. H-C. 1 a.: an auxiliary steam or oil engine1 plant but tin. powtlblllty la obvlated u your case by the fact that you have laade several contract! for power at re considerably lower than It will be possible u, generate power tor in any manner except with a relatively cheap hvdroH-lectrlc plant rmvnt AtiiaxMr.sT We are mentioning the above In explanation of our request later In this lettor although we realize that thea; fact are no doubt fully appreciated by yourselves We wiah however to make' It dear that, in our opinion, any ocneme for the aupply of electric otwfff U your city should keep in ial fte nowlbllity of large eaplUl PiKHim at no distant date at a ttew power site It u also necessary for ua to keep in mind the fait that, von though your contract for tbeap power might expire before thle larger Investment u necessary, It might be , qulu potaltric--ana in any cae wouH I be greatly to the detriment of your city w, for any reason, it waa necessary to Increase the rales to consumers whom you have now taken on and who have made large capital expenditures on the bun of securing- a permanent supply of electricity at low rate. "As you may know, t represent Interact whoae exclusive buairteaa It 1 k construct and operate public utlll- tu end at the present time, we ihuppen to be operating planu in Bri-, t.b Columbia at Nanaimo and Dun-jean. Wt will of course be very glad , Indewd to submit you a definite pro-poaal but I do not ft el that at the : present tune we have tuffletrat cruras- Information on which to ban it'll a definite proposal and we should 'make further investigations with particular refertttee to other poaalble water prwrr aitea which might be available i tot tranamlMion to Prince Rupert. I "A a guide to you In cotkaldrrlng jand tl you deem It adviaable aubmlt-i uug to your ratepayer the rwjueat !we make you. I may aay that we would propoM antrnng Into an agree-mrut with your elty aion the follow-m graeral Uaea: ! "Flral. the City of Prince Rupert to jgraat to the aompany. for a period of ;wy tnty-n yeara a iranchue tor the diatrttraUoa and aale within the Umita of the elty as It now ettu or !mav be extended ThU franchiae to be ! along the usual aundard tines to iprouct the city and company, apecify-iing aervlcc to be rendered by the com- voltage, regulation, method of Ipaay. arMtraUoB in cae of dlaputes. terms tor further ri tendon of the franehla and tor the valuation and purchase of Ihr company aaaeta should the elty ih to uae over and operate Ifv ' vn plant and distribution ayitrro. TAKIM1 lit MS PUNT Swotid. the oompany to purchase from the city IU present BhawaUan power plant, transmission aystem to the city, all sub-autlona and dlatrlbu-tlon lines, etc. Of the city used in tsneraUng. tranemttUng. and dUtnbut-ing eletrtc ertertjr within or without thr city. The purchase price paid the :ty for the above to be either on the baMs of annual paymenta. or a cash sum to the city, which shall be not less than the amount necessary to retire the citys outatandlng debentures agmnet the present electric light and power sytrm. Third, the company to undertake it rarry through, with all reasonable ex- petition, further hydro-elrctrlc power development and Its transmission to , -it of Prince Rupert While th Tossed for Hours Unable to Sleep Now enjoys real and aleep thanka to Dr. Chaas'a Nerva Food company does not wlah to definitely atate In what manner It will, aecure further hydro-electric power until fur ther investigation have been made, It Is the Intention aa soon as possible to Undertake a thorough Investigation of all hydro-electrlc power possibilities within feasible transmlaslon distance of Prince Rupert. "Fourth, the company to take over from the city all existing contracta beta era the city and cuwomera within or without the city limits and to as-sume all the obligations, of these contracts aa to ratea. condition of service, etc. "Fifth, the company to adopt the aefcediHes tor electric light, power, heating, etc.. which shall not be higher than the prtsent rate schedules now In force by the elty Itself. The company- will also agree to a clause In the proponed franchise whereby the rates which the company will charge at any time shall not be higher than necessary to give the company a fair return on the capital Invested. "Sixth, the proposed franchise tn contain neceasary clauses to proteo' the city In regard to a aupply of water from the Shawatlans drainage area anl will alio contain clause covering aL minor details such as. the Joint use ol poles, etc. "Seventh, the company will aell energy to the city tor atreet light ing at the rate ot Sc per kilowatt hour new charged which rate, however ahab Include the maintenance, operation, replacement of lamps and extensions pi the aystem at required. r.M'IMi MTI ATION "The above aynopsla covers oir ideat, of a proposed agreement with the city hut before presenting a definite franchise agreement, we will' require sum- dent time to more fully Investigate ttn power situation and you will quite un derttand that thia Is exactly what any reliable company must do before a definite propaeal could be presented if the proposal la to have In view the future growth of your elty. You will also realize that sooner or later the city Itself must face the same situation which can only be solved In the wa we propose. The investigation we pro pose to make will cost ronslderabi money and we therefore, auggeit tha: you agree to give us four months in Well to thoroughly Investigate ttv power situation In your city, with a view to the necessity of securing daU on hydro-electrlc power sites and thai, during this period, you will not ne goUate power agreements or franchise with other parties. At the end of thl period we will present you a deftnitr propoaal to deal with aa soon as pos sible and present to your ratepayers tot approval or rejection and. until this proposal is rejected by your ratepayers, you will not deal with proposals from other parties. "I believe that. If you- think tho matter over carefully, you will realist. that. In making the above requeat tc you. we are only doing what any reli able people would require under the circumstances. Our experience has ben that when a matter of this nature is being discussed with the clt there are many other parties who mav or may not be capable of carrying out their obligations but who are quite willing to make proposals, partlcularly fafter they know the definite proposal of other parties. You will also realm. thst. while it does not coat very much In time or money to make a proposal to your city, it will cost conslderabk to make an investigation on which a proposal should be based and It Is no uncommon practice for a reliable company to ask and receive the above con alderatlon from a city under clrcum- atancea such aa you have tn Prince Rupert. The writer will be In Prince Rupert as such time as you wish to dtscust the matter and any potnta which maj not be clear or which require aomi modification, can be gone Into at that tune." SALYAT10N ARMY SALE OF WORK IS 2.30. BE1NGHELD TODAY The annual Salvation Army tea and sale of work waa opened this afternoor in the Citadel by the general convener Mrs. C. Whatman Sr.. th hour belvuj Assisting Mrs. Whatman are the fol lowing ladles: Fancy Work Mra. J. A. Anderson anf Mrs. Jamra Parks. Plain Sewing Mrs. Oeorge Dawes, Mra, 3. Cook, Mra. Cadwallader and Mr Hudson. Home Cooking Mrs. II. Smith, aaslsted by Olrl Quards. Tea Room Mra. Thomas Carlisle and Mlsa E. McOuatt. assisted by' Olrl Guards. BATTALION ORDERS Dy Lleut.-Colonel J. W. Nlcholls, Offlcei Commsndlng, 1st Battalion North British Columbia Regiment, 102nd Bn. C.E.F. No parades until after Christmas. Rifle No. W25013 la missing from tht Armory, any one having this rifle will pirn so return same to the Quarter- master immediately. 8. D. JOHNSTON, Major and Adjutant, Attd. 1st Bn. N BC Rest In the Arctic regions amongst certain irlbea a man who wants a divorce lenvea homn tn anger and docs not re turn for several days, The wife takes the hint and departs. In more tern perate climates she notifies the police and lovingly fondles the rolling pin THE DAILY NEWS PAGE FIVE ri h I 10 FRE client! ii iucakulable. r I THE RECENT STRONG RISE . ' ' ' OF THE FRENCH FRANC SERVE AS A REMINDER ' ' ' TO ASTUTE INVESTORS iift OF THE Immense Profit Possibilities In . H GOVERNMENT 6 BONDS XX7E BELIEVE that aa investment made today in French Gov ernment 6 Bonds (Loan authorized Dec 16th, 1920; redeemable at par at the option of the Government on or after Jan. 1st, 1931), presents an exceptional opportunity for profit on any material advance in the value of French money (Francs). Due to the depreciation of French Francs a French Government 6 Bond (of 1,000 francs denomination) can new be bought fcr $32.00, vrith French exchange at normal (19.3c per Franc) the same Bond v.-oa!d have a value of $193.00 International bankers believe French Francs will cell at 10 cents per Franc before -ery bng. Just think what this rcfeans to French Government Bonds; 'with the Franc worth 10 cents, each Bond cf 1,000 francs will have a value of $100.00 a riseof over 212, or a profit of $08.00 fcr every $32.00 invested today. With the franc selling at 15 cents, each Bond of 1 ,003 Francs vill have a value of $150.00, a rise of more than 370, or a net pfefit cf $118.00 for each Bond of 1,000 francs, or fev every C32.C0 invested today. Yc made a lengthy and thorough investigation to determine the best way to buy French Franca fcr maximum profits. We arc of the opinion that these French Government 6 Bonds aiTcrd the best medium, for they represent, to French investors prccily what British Government and our Canadian Government Victory Bonds represent to us, beincZ investtxcr.U fcr every Institution, Trtist Fund and Sczings Bank in France, and constituting a strictly high-grade Government investment. They may be sold again instantly far spot cash, as they are listed on the P: ri3 Stock Exchange and traded in throushnit the financial centres of the world. The interest coupons (pay-, able June and December 16th) have always been paid prcmpily on the dot, and can be cashed in Montreal, New York, London, and other financial centres through our House, banks or other institutions. Frepch Government Bonds will, we believe, unquestionably come back to normal ($193.00 per l.COO-franc Bond.) The United States were financially bank-nipt after tho Civil War. Their securities could be bought for ja song, yet in a few years the Americans were on their finan cial feet again, and todayare considered the richest nation in the world. Even England was once faced with what Eeemed to be a financial disaster. With Napoleon virtually pounding at her gates, British Bonds went for next to nothing, but the victory at Waterloo sent them sky-rocketing. The Rothschild f amily accumulated the maj'or portion of its wealth by investing in British bonds and selling them when Wellington's victory became known. The experience of France, too, bank-tupt at the hands of Bismarck, is within the memory cf living man. Ilcr Bonds fold down to 7 of their value after the Franco-Prussian War. They appeared hopeless, yet in two years they had recovered 95, making fortunes for the far-sighted investors who had the courage to invest in them. When millions of men and populations of nations lend their collective efTorts to the task nothing is impossible. The French franc will undoubtedly come back to normal. A study of history convinces one forcibly that the most difficult tiling in the vrorld to destroy is national existence. History is repeating itself. The opportunity of a lifetime, to earn remarkable profits, exists today for investors, through the purchase cf these high-grade French Government Bonds. They rank as the pre-eminent class of French Government securities, and are virtually a first mortgage on the entire assets and resources of the vast and wealthy Republic of France. The Bonds are valid for 30 years after maturity, and the interest coupons for 5 years after their respective maturity dates, thus enabling the investor to cash them at any time the exchange rates are favorable. . . France is a first-class commercial, naval and military power of the world. French industries are thriving and working overtime. France is exporting goods to every country of the globe; her shipping is crowding the world's ports, and the nation shows every evidence of industrial and economic progress. Reparation payments from Germany are further enhancing t he French treasury. These conditions will be quickly reflected in a rapid rise in the French Franc, which in turn increases the value of French Government Bonds. That is why we urge you to buy French Government Bonds KOW, while they are on the bargain counter. , Table Showing Present Price and Possibilities Denominational or Amount 1. C00 Francs, French Government 6 Bonds 2. C00 Frnci, rittch Covcrattcct t EcoJi..... B.CC0 Francs, Frenth Covenucrnt tV EondJ J0.CC0 Fiuncs, Ficaca Covernment tfi Ecnd....... 25.C0O Francs, rrenui Government IV9 DcncJ R0.0C0 Francs. French Government VY, tonus , ins flfft Franc French Government 451 towls PrwrfQt Price I JIM U.C0 1M.C9 . JCt.CO SM.C0 l.tM.0 ),:ca.oo With Bonds at Par and Franc att 7 Cents t 70.00 110.00 moo 700.00 1.750.00 3,500.00 7.000.00 15 Ccnta ( moo 300.00 750.00 1 .500.00 3.750.00 7.500.00 15,000.00 Pur 1V.J Csata s m.00 385.0 H3.08 l,MJt ,U5.t 4.SH.0O ARE atElna a fans number of thre Bonci at the aboe rre. which cowa erririrw. vron receipt or acceptea WE thecue cTluoney order wtwUI at erne confirm sale. Bowd st. (ctwaided by metered snd taauml rnajl. Order wiUt re-rttantelowv rv. for years im. thlt Torment Investment l'eU! IIouw hat hat been Canada's foremost eidualve foreign Bond house. It la Tltalhr , Important many . . ,S.rSmr'tibSibkli wl n..ae the met money lor them and make it nuwt quickly. Ourinterett rnotceXrK iTrurf Aitei and Newfoundland1, to render it gratuitous tenrUe. tnfonnine cUenu when Bond, tlx in market ith 0tx It advisable to reU. Tbl. service 1. tuwmve, to ouMclvts. but its value to cur THE INVESTMENT HOUSE OF C. M. CORDASCO & COMPANY srr.cnu7.1sa hxclvsivly is rORLICS COYMSUSXT A.VO MVNICir At BOSDS MARC1L TRUST BUILDING - 292 ST; JAMES STREET MONTREAL - CANADA Date..- i, ev ( , mS ' , 9 ' acteptrd chetiut or V nwney order ) I enclose herewith rewith 1 i .In full payment I for the purchase from you of francs In French Government 6 I I , (J-t.te Amount) , I I Bonds (Loan of 1920), which you are to forward me by registered and insured mail. a I xNamc... i 1 Address BdM-agjejgBBBKataf.',r' . TipaiMar: Ir'rrSSlWSJ'asSPgl INTEREST INCOME The loco me from the areafe'eorporation tf industrial Bond ia fixed, that is to iay, a 0 Bond of 11.000 denomination, yields exactly 60.00 every year until maturity. The income from French Government 6 Bonds comprises many of the attractirt features of aa ordinary share, or ahart of common stock. While the Income expressed in French money remains fixed the value of that money to the Canadian or American Investor depends upon the exchance value of the French frane expressed in dollars. Thus it will be seen that at the present rate for the frane the bolder of a 10,000. Franc Bond wi3 receive for his coupons anrrgating- always 600 francs per annum a sura la Canadian money equivalent to a return of nearly 1 on bis investment, that is. on the coat of bis 10.000-Franc Bond which at the present time Is $3:0.00. When the franc reaches 8 cents, however, the value of tht coupons wil be much hither; 600 francs wBl be worth $41.00 which oa sa Investment of $320.00, U equal to a yiela of 15. Few common stocks offer so attractive, a return. When the franc baa reached 10 cents or $1,000.00 per 10.000-franc Bond the return wQ be proportionately hither. Every 600 francs ia interest coupons will brins 160.00 when cashed. Here the yield is more than At 15 cents per franc the coupons on a 10.000-franc Bond costlnf only $320.00 today (normal value $1.930.00 a profit on the principal of $1,610.00) will be worth $90.00, representing a return of over 2i. And lastly, with the franc at par. Le. 19 J cents or $1,930.00 per 10,000-franc Bond, the coupons for one year amounting to 600 francs wiU be worth 111540 aa amount equivalent to a return of nearly 36 on the original investment of $320.00, " The SwUa franc a few years ago wis worth only 15.14 ctnta or $15,140.00 per 10,000 franca jet to-day It Is quoted above par or at mors than $19,300 per 100,000 franca. The value of 100.000 Swiss francs has Increased by mors than ' $4,10.00 within a comparatively short space of time. The Dutch Guilder, Holland's monetary unit, following the war depreciated from Its par value of 40.20 cents or $ 40.300.00 per 100.00 gulden, to 29.3 cents or $29,300.00 per 100,000. TO-DAY 103,000 ftulldera ars stain worth $40,200.00, showing a NET RISE of $10,900.00. The Swedish krone, normally worth U.8 cents or $26,800.00 per 100,000 krone, dropped to 17.65 cents or $17,650.00 per 100,000. lit a few years the unit has completely recovered all its losses and at preaent tha value of 109,000 Swedish krone Is $26,900.00. During the period, lbs value of 100,000 krone Increased by (9,150.00. Ia less than two years the Japanese yen has RISEN from 37.S7S cents or $37,873.-00 per 100,000 yen, to 46.95 cents or $46,958.00 per 100,000. Despite the great havoc wrought by the earthquakes on the country's economic life, th value of 109,009 yen has Increased by $9,075.00 In LESS THAN TSVENTY-FOCR uo.vnis. Everyone knows how rapid baa been tha rie in Danish and Norwegian rxthange. These countries have been faced with critical economical conditions but the Daal.h krone Is now worth 26 JO cents or $2,5O0.00 per IvO.OOO krone, whereas in 19 J 1 it bad fallen to 13 cents er $l3,90u.OO per 100,000. The value of 100,01)0 Danish krone has tncreaud by $13,500.00 In less thsn five years' time The Norwegian krone has RISEN from 11.7 cents or $11,700.00 per 100,000 krone, to 22.04 cents or $12,040.00 per lOO.OuO, showing a NST Rlsfc op $(0,. 340.00 rr.R 100,000 diking tub SAUK PERIOD. Tho Spanish peseta from 11.75 cents or $11,750.00 per 100,000 pesetas a few years ago, baa now recovered to 15.84 cents or $15,840.00 per 100,000 and tho unit ia expected to touch par this year, leading South American exchanges shew similar wide Improvements. Within three years the Brulllan mllrel has advanced from R.Ss cents or $8,550.00 per 100,000, to 15.87 cents or $15,870.(0 per 100,000, recording a NET 'JAIN or $7,320.00 1ER 100.0DO MI LP. IIS. The Argentine pao was nnt long ato worth only 28.37 rentaor $28,170.00 per 100,010 pmo but TO-DAY It is quoted at 40.43 cents or $40,430.00 per 100,000. The value of 10,800 Argentine pesos has INCREASED BY $12,00.00. Ia the light of these arcompHshmenti It Is easy to a that Francs with a balanced budget, debt funding agree ments, in short, drnnitrly ADVANCED t'PON HIK ROAD TO FINANCIAL RECOVERY, can put the Irene back t par (IV. J cent or $19,200.00 per ISO. su franc) within th comparatively ateer future. i 5;r I- If f ,. ft s if P ti r a.- f hi