S. I' i 1)1 1 h .shotvi in- i. trr ir )-r..rd ..I irley, England. u-i 1 UK " r.idiatot. you Dominion Royal than ever before. t. Sir W. Middlebrook unveiHntr and Asquith which he presented DAY December 15 iACRlFICE ! ! WATCH THIS PAPER It CW Weather Is Dae AB VOl' PHEPARED? ledTT "'' viVullnft'M' nd overhaul ym UpUUoa v yqittfM battery or sell you a new on - III). . ' ' 1 : u ttehfi pnd m to your tirw. ' i vroi:iPlttlfl-Freeie of ieaetswad akwhal Cord Tim at lower PARKER, LIMITED FORI) DEALERS Phone 83 V iKAL ENJOYABLE MOTOK 1)111 VE Kent One of Our i f:i) taps Avn I1IMVP. tt YOURSELF Walker Motor Co., Limited it'. Sir Charles Qordon, qrtnient, in, First Afldress to Shareholders, Re views OutstandinFeijtijfes of raddUndustt-y andf Mineral I)e-velopmenjis of Cinadal-TelU Sharehfjders of Plans to increase Authorized Capital Jtf; $50,000,000, inOrder to Enable Bank to Keep Pace With Growing Requirement! of Country. Sir Frederick Wjlliaras-Taylor, Genera Manager, In Reviewing Annual Statement, Saya Year Was Far hi Advance of Any of Post-War Period&Points Out That Bank Was Medium Through Which London MaLet Was Reopened to Canadian Government IJorrow- ' "Lap: "Lapse of Fourteen years Pays Warm Tribute to. ings After Staff. Thfi 11 1th annual general meeting of shareholders of the Bank "f Montreal was marked by a num-: 'n;r of important developments. ; Sir Charles Gordon, the presi- (tent, wan in the chair, and sub-'fliitted his first address to shareholders. At tiie outlet Sir Charles t ferred to the heartfelt regret at he absence through illness of Sir , Vincent Meredith,' chairman of tie board. Dealing wHhe proi ing enjoyed by Gtfnada, drew attention to the SPPrla. ready reserves or quick assets. No dto'fti be loaned on caTf tfnirf thnate need of h been carefuflj' exattflTieff aM all possible complied with. Continued Improvement in UusineiM Referring to many of the out standing developments of thej-eur. Sir Charles sid: "The statemeat of the rear's operations shows that we hare fully participated ta4he vtierai-iKV-parity. Our funds have found f uU snployment. to particular dtrlng the past eight montha, due to the continued improvement in trade and industry, to the reaping of another bountiful harvest in the prairie province, and the generally prosperous stato of agricul ture in other provinces, and also to the higher rates for call money I in New .York. On this latter point 1 shall have a few more words to I say presently. r i "While agricultural, commercial and industrial rtivitiea hsre been carried on during the year in greater volume than ever before, it cannot be said that the banks now much more rapid and that therefore the banks arc not called upon to finance such relatively large stocks as formerly. Thlm itaMndoda water powers on a 'truly gigantic scale gives Canada extraordinary opportunities for alkround development, and the fact that these opportunities are now being realized is resulting in the establishment of primary enterprises involving la-ge investments of capital and contributing In marked degree 'fo the general activity." Marled Prosperity In Canada Hre'derick ' Ullliams-Taylor. genera jmunger. dealt more particular f pritlt the, affair of the bank. The results of the vp;, hH development that is oecurring'in been highly satisfactory, and were many basic industries. ; In addi- well in 'advance of those of any . 1 lL . M . a . .. . 'j nun, me ioreign traoe or tne Lo- post-war year, minion had during the past yea, iJealiug more especially with for the firat time, been larger in conditions in Canada, Sir Freder- value than (hat off 1921, when ick stated that the country as a prices were at the peak, and in whole had enjoyed more prosperity quantity far. exceeded any pre-than ever before. In western Can-vious year. , ada the year had been remarkable, at. r-i i . . not only for the record erain crons on viutnva turn, occsmod 10 oo-- j n. ., . .. ." rect the .omewhat widespread Idea for , in harvesting harvesting coat coat unii bwwBiwi nun nave Trans chinery. Sir Faederick also mflaVslHWMBIBHfcl! ereTT sasn per bushel, doe chiefly to good ferred large amount, of money to "7 nd Zrtw XZ row,n E, New Yo-k pa,rtly ? for employment in call JLr I:!., of u.n. tu. -effectiveness agricultural ma- erroneous. Tiie tB& tf Mie Bank pointed out ao allied to all Canadian banks. "JJn !, hi long been to carry in New Xitl . of prosperity in the maritime prov- York A K1,h.tn-i substantial n proportion of inces, njSw fast coming Into line with tbi rest of Canada in this Old Jestablfahed indus-tldsK. on new life,. Im portant now its4tatrie4b&ed on have felt any great strata from number if tourists this year, the the sources. Here, aa in the spending! arso has no doubt been. United States, many cenipani greater Huring 1928. have carried over from the war i omp.M-e mis tourist trade of period large reserve profits which 275.000,000 with some other Aour- now serve as working capful, and ces of the country's revenue. Thus, others have issued securities the value of Canada's wheat ex- which, being absorbed by the puh- ports in 1927 was 5848,000,00; of 'ic, have left them independent of our mineral production, $845,- the banks. 000,000; of the output of our pulp "An even mo e important facto-, and paper mills, $220,000X00. nerh hot. is that the turnover in Evidently the tourist trade has be- wholesale and retail business is rome a Canadian business interest nt high importance.' A Prosperous Year for Canada Canada a i a whole has enjoyed chane wa iMagarirted , jupder niorc prdiperitjr than ever before. pressure of necessity following Al ine wnunenoaroem oi iwso a ik. ..t.umK ut t,k aucceaSldl of neod harvests had principal reason for Ms contau-',rPdy P tha gauntry on a ance Is the extraordinary Imnrovt- Pospsroi footing, .and tho posi- ment in transportation facilities, permitting of a more rioid replenishment of stocks. ; Whiles automobile traffic hns had it part in thin change, 1 think the publi" hardly realises how much of it i due to tihe inc-ead efficiency of our railways. widening Ilasis of Production tion baa been further improved this year by good average' yields of the staple, tajH in all thblder provinces, while the ptairfe provinces have far surpassed thei'-previous Records. In industrial rtivity as eactrto-dinary enlarge ment has shown itself in construe-:(ui works, many being of a most impressive character. These in- "Ileviewing the business situa- elude the further exploitation of tion In Canada, one cannot but re- f.hoe great natural ussets, water mark how rapidly the basic powers, minerals, and forests, sources n f our national wealth are Also, we have seen a further in-widenitig. The concurrence of a c-eae in revenue from the tour-wide IWfcsky.of ntw material with ist trade, now ranking high among 77 njoy yourself like aKingl upon a time only royalty ONCE and millionaires dined to sweet music! Dinner music if now available daily from many stations! Just a fine beginning for the hours of music, speeches the whole marvellous wealth of enjoyment, yours every evening withFADA! But even the cheapest radios claim these joys. Yes, they do, but FADA fulfils them! No fussing and tinker' ing to coax in far away stations with the particular program you want. FADA long range captures your program every time brings it in clear and loud no overlapping no noises just sweet, pure music as natural as life. There are sound engineering reasons why FADA is years ahead in all essentials of radio today! We will gladly explain them. Hear FADA! We won't ask you to buy. "We leave that to FADA! It will convince you! See our beautiful FADA table and consolemodels, $95 to $500. 1 Canada's business activities. "These factors have put large sums of money into general circulation; they have Increased the demands upon many of our industries, and have created the highest scale of employ ment since the war. Particularly (In the, two chiel industrial prov-i Inces, Queoec and . Ontario, maau- L I 1 toitatfon ,of, water power ""u? f D?en .0B n unFre- rnH fn-t ; trueniea scaie, aespite exceptions tahli-K n. .nttu vn w lines owing to outside attracted and tourists in ever in creasing numbers were discovering in these provinces a summer paradise. . i I "In Mfheludiag, he said that in a ;time oi proaperky ther was but one' aanjsej-TroveropUmisra. We fcadaafSred Irom ita effects in the past.' If we keep our optimism and ateUtion within prudent bounds, our feet firmly on solid; j ground, remembering that na-i tional wealth can only be created by production, there need be no ft nr fur the future of Canada. Be-eause we are travelling quickly there is all the more need for travelling carefully. Tourist Trade of High Importance "The tourist trade," said Sir ; Frederick, "has risen so fast from the comartttiva ; unimportance of ia few yeari ago that, according to goverhtnent statistics, tourists from abroad spent over $276,000,-(H)0 n CSnnok in 1927. At every provincei eports an even larger competition. ACME AUTHORIZED DEALER F. W. CIIANDLER-318 GTH STREET COAL. Your choice EDSON CASSIDY - WELLINGTON TELKWA Also Bulkley Hay and Grain. Agent for Kobin Hood Flour. Phone 58 ' . . I ' Pni.ce Rupert Feed Co. IM c Fill. j3 " it mi M MEN'S SOCKS The famous St. Margaret's brand, made in England. Pure wool; in all sizes, TEMPTATION SALE PRICE Thursday morning ..gg BOYS' GOLF HOSE The famous St. Margaret's brand, made in England. Pure wool ; in all sise. TEMPTATION SL PftlCE Thursdav ihor ning : . ?g g q FxGE FIVl ...T - BRITISH LIBERAL CHIEF II 9 II . . I i.... HONORED Record Trade Prosperity A1HA BATTERYLESS Reviewed at Annual Meeting F njiLL jm. OR WITH " JFL a d i o BATTERIES of the Bank of Montreal I Hi FADA 10 All Electric FADA 30 All Electric Buik-la Speaker tun LINDSAY'S Cartage an! Storage Phone C8 Cartage, Warehousing, and Distributing. Team or Motor Service Coal, Sand and Gravel We Specialize in Piano and Furniture Moving. PORTER; 5th Annual SUITS FOR MEN tt ONLY, MEN'S SUITS In tweeds and serges, but not all sises in the lot Fashioned in the finest fabrics; in colors, weaves and patterns that the smart dressers prefer, and tailored to perfection. TEMPTATION SALE PRICE, Thursday morning only $)M6 MEN'S UNDERWEAR Stanfield's lied Label Underwear Shirt and drawers or combinations, pure wool. TEMPTATION SALE PBICf-Thursday morning gEJ The Acme Importers Third Avenue