tre Prince Rupert Daily News Friday, Oetober 17, 1952 “Independent dally newspaper devoted ‘to “the upbuilding of Prince Rupen and Northern and Central British Columbia, Member of Canadian Press — Audit Bureau of Circulations Canadian Daily Newspaper Association ed by The Prince Rupert Daily News Limitea H. G. PERRY, _Meetreneent ips Department, Ottawa Publ! J. » MAGOR. President Subscription Rates: carrier—-Per weei, 25c; per month $1.00; per year, $10.00 nail—Per month, 5c: per year, $8.00. thorized as second class mall by the Post QReor No ail on 2 Main Street + HERE seeins little doubt, from past and present evidence, that Prince Rup: 1ee a new city jail, but while the suggest y Ald. Darrow Gomez that it should be included in the future has merit, there are against it. telephone exchange buildin several outs The #. ators waning merits of the suggestion that the base- ment of the old liq ) ore be converted into a jail concern finances probably more than any other factor. It like.y would not take as much money to rehabilitate hascment into suitable, sanitary cells and police offices than erecting. a new building On i other ‘hand very fact that the new iail would be located on the city’s main street, at the confluence of heavy traffic at all times of the lay, seeks against such a move, It is against public feeling to have a jail block in the heart of the city. To have one could meas- ureably affect the real estate value of surrounding property. Parading of prisoners on the main street, vhich likely would occur at times, is not a refresh- ing sight. It is to be considered, too, that the unfortun- ates landing in jail would be much more susceptible to public view and derision if led to, and confined, in cells right on the main thoroughfare, w hich would be contrary to the principles of a people in a democracy. Meanwhile, there may be considerable diffi- culty in making cell quarters in an underground basement in Prince Rupert livable from a sanitary point of view. It is likely such cells would have a tendeney to become dank dungeons before long. We have, however, a problem to face—that of providing more suitable quarters for a jail than are at present available. It is a problem on which little action has been taken, yet has been an urgent one for some time. The dilemma is one which re- juires immediate attention, If some way can be found, the most desirable solution to a new city jail would be to have it and the police office in an entirely separate building, off the main street. ‘USINESS SPOTLIGHT | canadian Economic History (leviewed in Bank Report By The Canad Canada’s years of adjust 1900, are given an interesting study issue of the monthly Scotia. Looking at this pericd of conemie growth and prolownhd Europe resulted in low prices ard low purchasing power in from 1870 to in the latest ‘eview of the Bank of Nova ——— eas As | See It BY persona al reasons, man has fired a shots into a cathedral Not infrequently a sermon has to be an i ) i dull but if there Be Philpott ise. that’s as good es any Becausé of Vancouver tar M y women discover that it = ~ Dur : times just as hard to find ° THE NEW BIBLE isband after marriage as be THE BIBLE has long been the world’s best seller Ex hough whether it is the world’s most read book Maritime provin | portunities. Maritime industrie These prov.nces ifering Started to expand, industries from the appearance of the iron) Which were to become import steamship, “had to adiust during the next century only to the lager eror zilways and steamships, to init” but to a new economy her with tariffs, stimulated “The rapid decline of ‘hip-|coal mining and the iron and its many sibs! li- ei industries ry industries afte> the mid- | New manufacturing was at- 70s, the ousting from ocean-| tracted to the railway centres carrying trades of ships owned; and ear shops. Moncton, N.B., nd operated by the Maritimes; now the rail hub of the Mari-! —these were serious blows to | times, “in 10 years increased . @ Squalid village of the whole economy of the area,| from decline of) 7,000,” according to an 1822 ac- building and and brought the nany a thriving small port. count. “In addition, the period saw ‘imes of special difficulty for| were operating in the basic industries of fishing me times, all but two being “nat- ond lumbering. ive” banks. Of these natives, “There were frequent severe (only two survive today, the depressions in the world’s {greater number . having lost timber markets, and the rise of beet-sugar production in | between 1900 and 1910. 7th Anniversary— FLASH SALE 76 R.P.M. Records 2... ii ek. 69¢ Automatic Toasters 0 $26.95 Lamp Shades and Lighting Fixtures—9Q)% OFF |, RUPERT RADIO & ELECTRIC Box 1279 By the 1870s some 20 banks their identity by amalgamation | Here is another opportunity for you to adopt this tried and tested system of saving money. Canada Savings Bonds never drop in value. If cash is needed you can get back the full face value of your bond, plus accrued interest, any- time—at any bank in Canada. You can buy Bonds for cash, of course. Or if you prefer, the Royal Bank will arrange for you to buy them by regular monthly instalments out of income. The procedure is simpli- city itself. All forms and full information available at every branch, | THE ROYAL BANK OF CANADA be Prince Rupert Branch J. E. TAYLOR, Manager Branches also in Terrace and Smithers. sessing financial) stability hn oO ‘ : reas | rm ND wal the kit ‘ at |wouldn’t sound quite so (top : - id of horror and long but its oa 1M lofty and far away if someone ° 4 SMe Hever dreamed.of by 250 miles SOUtat oy would inject Ray Reflects and Reminisces owed to buy a drink, unless he is of excellent caaracter and pos slang he man “ Largest State erica, Nic sie at ra. by Colum} bus in Sap I cannot bring myself to be- ieve there will be a thitd world This No a bit of harmless | human bein ae OR PERHAPS MORE of the hour is the ie a one whose Wife told him to wait Reventy - ak - year-old Be Sandwell editor emeritus of Bat- J ‘See I just a minute Said Winston Churchill, refer ring to the United Nations As sembly now sitting: SATURDAY S p * C | A i S MONDAY MEN _—— SHOP AT B.C. CLOTHIERS AND SAVE— urday Night, referring to the Federal old age pension of $40, says he’s worth it. And others evidently think the same ‘S AND BOYS’ CLOTHES AND SHOES Good Quolity at Savina Prices FISHERMEN’S PANTS——Ail-wooi, best tail- or'ng. Sells regularly from $12 to $13.50 Now, only valr $8.00 MEN'S SPORT SHIRTS-—Some nylons. Weil tailored. Lots of wear. & to $5.00 Now, only Bach $2.95 MEN’S SEMI-DRESS PANTS--Good patt#ms All size Reeular to $6.00 Now, onls pair $4.45 MEN'S WORK PANTS—-Lots of wear All sizes. Now pair $4.25 MEN’S SUITS—Perfect fitting, single and double-breasted «style Very good appear- aner Now, from $35.00 MEN'S GABARDINE TRENCH COATS —-Pully A ined, goud fit. Now $21.50 MEN’S COMBINATIONS—-Good weit! Rey. $3.95 Now Sult $2.95 MEN'S SHOES FOR DRESS AND WORK.-All food Wearing good fit. From, val $5.75 to $9.00 MEN'S SOCKS FOR DRESS AND WORK.-Big variety to choose from--all-woola and t From, palr iSe noyvs’ Now, from BOYS CLOTHES Shoes, Pants, Sweaters, Jackets, Etc. PANTS FOR SCHOOL AND DRESS—tila alr $2.76 te 8.00 ALL-WOOL WINDBREAKERS = 4iuprr-sty 1 Weariig Boyes Now, from Each $3.75 te $4.48 BOYS’ LACED RURBER BOOTS.O yua Regular to $3.00. Now n Palr $2.00 BOYS OXFORDS AND SCHOOL SHOES built Lots of wea Now F $3.95 to $4.95 FLANNELETTE SHEETS ‘4 Now Pai 95 COTTON SHEERTS—-Spartan Brane or doubly ‘= bed Now Pal 5.75 BE SURE YOU ARE IN Next Ze _~ HERAT aS i ete inetd /930°°* This lished or To Royal Hotel ol Board eter tat Issue of $450,000,000 GOVERNMENT OF CANADA BONDS The Bank of Canada is authorized by the Minister of Finance to reove subscriptions for a | ued for cash and offered m two maturities as follows: oan, to be iss \ 1 Year 2% BONDS DUE ls NOVEMBER, 1953 Non-callable to maturity &* Interest payable Ist May and 2 Year 1} Month 2% BONDS DUE 15th DECEMBER, 1954 Non-callable to maturity Interest payable 15th June and one ist November. 15th December; the first one and ’ balf months’ interest will be payable d 15th December, 1952 © — Denominations $1,000, $5,000, $25,000; $100,000 5.000, $25,000 $100,000 $1,000, $5, f and $1,000,000 and $1,000,000 97, 75% ISSUE PRICE: Yielding about 3.10% to maturity ISSUE PRICE: 99.05% : Yielding about 2.97% Bae, to maturity Subseriptions may he made to Bank of Canada, Ottawa, through a" investment dealer eligible to act as a primary distributor or throug any bank im Canada. An official prospectus may be obtained from any Agency of the Bank of Canada. <4 fhe Minister of Finance reserves the right to accept or reject in whole @¢ in part any subscription for either maturity or both. The books of the Loan will open on 17th October, 1952 and te in cither maturity or both with or without motice at the discretion Minister of Finance. Orvawa, 147TH Octoner, 1952.