.senior company," chareed Mr.ieood enough. The power com-. plied It. M i?;'? VZT' l', RIGHT OF POWER Continued from page 1) 1 d- -i i r A.i un't nniHi pnnuen .uower ui inutw-tivtutv ..w niuce ihav nas mere oeen nnv . w. j,,h.. nanv s cr Prince Rupert Daily News Wednesday, October 24, 1951 thrrrnnphlv because, he said, me islon to investigate .sked CommLs- , that much. But he calculated nyciro plant?" englllfrf-r, that" he (Pawsont had main- , the books of the power company : was making no prolit.- that the capacity of the Falls gioner Peufold invesli i . ""'nr. I 1 1 .. . ,miii ,,d icier- River plant wa.s well In excess; There had not, said Mr. Black N.H.A. DESIGN-OF-THE-MONTH itained that the parent company ; aaiea obck ions inception "with i had exacted no expediting, particular reference to Inter-! handling or other charges on company finances." ' a to a rate increase prupol cf 5000 horsepower. , Mr Penfold gaW a conipU.,e moneys loaned for development ' jir. pawSon' plea to the I made by the company m I'JnO LKTTKItS FROM 1'ITY investigation or company asseU of the Fails River hydro plant. commission was based on the I which indicated that, even with w. Long, city clerk, testl- would be made. Today the com- T A Johnstone, assistant sec- fact, he said, that the power 1 the tabes requested at that fled that letters to the power mission, along with the commis- otiVvlfrMsnrer nf the Dower I company's operating income I time the pjwer company bu company, dated Cvtober 15 and sion staff ot three experts, be- immram TiaH stated in evi- was so low that the Darent looted to operate at a loss lo; Novemoer 20, 1943, from the city gin their investigattun, which Includes a visit to the Falls dence thit a 10 per cent hand-; company. Power Corporation live years. came from city flies in his cus- liiTu charge was made during' of Canada (of which he is The iaLses were not agreed tody. River plant. ' J i 1929 and 1930 to the total of I commercial manager), would J t0 the power company operated These letters requested that $170 604 68 I nut "dvar.ee r. more capital ,it' 0t) rates, and at the old tne p0wer company 'carry out I t,,r tl,e DOV,er "'P'y' -.. I r.,tes did moke a profit during iurtlier development" of hydro- niFKici l T 4CCOCSTING - Nor could the power company, : the next two fiscal years, ac- electric energy because the city The mutual accouting system hg colUendecV on operatini; cording to its audited state- tM lhal -prospects justify this of the company is such UjaU on the ope m).llt." cie.na.id." mit the total" tribute that the 'market to refinance itself. , Mr. Black, answerin chargci The compiy had answered junior company is paying to the' "The history of rates is not that the company hud not sup- that there was "no demand for -A ret i Yr7r - IM,ll.i 1 An "NH A best seller", this phiirtnint? bum?uluw would be I r fashion Teailer in any residential r .... r 1 FHL' district. It has bei-n designed to meet today's demand for economy through the judicious use of i limited amount of floor area and provides five full-size standard rooms and bathroom I within exterior dimensions of 37 feet by 31 feet nine inches. I The design follows simple lines, deviating only slightly from the i dollar-saving rectangular house plan for the living room exten- : sion which adds a note of distinction to an exterior which i : might otherwise appear bare. ; A compact, convrniently located kitchen is large enough for a dining nook but if more space is required for serving meals the living j room may do double duty as a living-dining room. The large window , areas Enhance the appearance vhile the porch arrangement provides a protected front entrance. One of the prime considerations in planning the room arrangemem of a bungalow is the separation of the slpeping quarters from the remaindei of the' house. This has been accomplished in this plan through location, of the basement stairway and bathroom which effectively separates the bedroom from the living section. For estimating purposes the area of the house is 1,008 square feet and the cubic contents are 21,150 cubic feet. Booth School Booth School Houses Elect ; Visitors' Day : MUL.lpha. Bb7 7 ,ft X T lurZ of officers. The officers elected Durin8 the. last Period conducted f hedI re by frnm Mfh house are- . ule paie.iLs t.icu own sons or daugnters through the new building, and Alpha President, vacated by Jerry were introduced to various teacn- Aft( fter lhls wen to Council, i No person is permitted . v, ,j , . oi.i , activity 'ity room where tea and lu Hum uu juoii.iuiio. , Senior Vice-President satlc!wich?s were served. Roald The visitors all scorned to en- Fenness. Junior Vice-Precident Kenneth McKinnon. Secretarj Alice Nickerson. Teacher Sponsors Miss E. Cavalier, R. Davidson. Beta President Bill Becker jo seeing tne new school, une mother stated thai the building had a qjisr atmosphere tnat would ta.. . c wh' e io beer .ie act u.!omcd to. Most of the day the Grade j Twelve gir!s were preparing sand- j wiches and cakes with the help Senior Vice-President Dick Nickerson Junior Vice-President Jimmy McLean Secretary Margaret Giske Teacher Sponsors J. Henry, of a few of th? boys. j The Grade Elevens will hold a similar session sometime this week. i RICHARD P. KILBORN. Mrs. C. Worsley Gamma take plac; next week in the new Fresident-Frcd Kristmanson srhoo!. Tho Juniors will occupy Senior Vice-President Derek the Activity Room and the Sen- r.-tournrau i s igrades 9 to 1 3 1 the gymna- Junior Vice-President Myrna s'um- Dance committees which Knutson w-ere formed by the Junior and Secretary Vacated by Verna Senior Councils are making ttva Giaham who is also on the Stu- preparations. After this dance a committee appointed by the clcntr.' Council all Teacher Sponsors H. Pluym, House Council will arrange parties. Miss Magee RICHARD P. KILBORN. Helta President Patty Martin Senior Vice-President Ronald Rhodes Junior Vice-President Jimmy Saviile The Basuto pony, well known fni his ha'-dy qualities, is bred in large numbers in Ba;uJoland, native African encalve. ' t'vt i of security in knowing that I had money in bonds which I would not be likely to cash. Have you cashed any of your Bonds ? ' Yes. I sold one because I had a chance to buy a woodworking machine for .my home at a bargain. I had to buy it immediately and had no trouble in getting cash for a bond right away at the bank. It was a wonderful feeling, when I saw the ad for the machine in the paper, to be able ' to put my hands on the cash I needed for it. Do other members of your family buy Canada Savings Bonds ? I buy some for my wife. Our son used to buy Victory Bonds when he had his own paper route, but -now he is at university and it takes all his money to pay for his tuition. Secretarj Bill Clark Teacher Sponsors J. Evans. 1 Miss H. Langley. These officers wiil constitute the hoiue council which will havj control over all student activities within the school. The presidents will be the repre-entatives f.'om each house to the Students' Council which controls all student concerns outside the school and anything to do with money. A combined meeting of the Students' Council and the House Council was held on Monday when a constitution for the houses which was proposed bv L. Matthews, the houte director, was passed with one or two alterations. A proposed program and scoring system for the year has been drawn up and will be presented to the House Council at its next meeting. In the program points will not only be awarded for sports but also for such topics as debating, journalism .and scholarship, etc. Y ANCOL VFR VK'TOKI A Sunday, 8 p.m., Ch. lectin Tuesday. 12 Noon Camosun M ICE ARM, STEWART AND PORT SIMPSON Sunday, Coquitiam, 11 p.m. FOR NORTH QUEEN CHARLOTTE ISLANDS October 26 ss. Chilcotin FOR SOUTH QL'EEN CHARLOTTE ISLANDS Wader W. Beow, 5t, h" ol 1618 West 60lh Ave., Von-couver, B.C. He it a woodworking machinist at Sigurdson's M'lwork. Born in Winnipeg, he moved to Victoria in 1937 and to Vancouver in 1940. He was ma.-frwf in 1927. They have one son, who it a student in hit third year at tfie Vnivertity of British Columbia. Mr. Beiow's hobbies include gardening, woodworking and ploying the piano ond the banjo. MR. WALTER W. BELLOW. . . What do you think of Canada Savings Bonds, Mr. Below ? I guess that if they have taught us anything it's how to save. They certainly taught us that. How is that ? Well, some of my friends cashed their bonds as soon as they were paid for, but I didn't. I realized that it is possible bit by bit to save a substantial- amount of (money by buying bonds. Once I had a bond, I wanted to keep it. How do you pay for the Bonds ? Usually by payroll deductions. But one year the company didn't use that plan, and I was so anxious to buy a bond that I arranged with my bank to pay so much on a bond each month. , Do you plan to buy Bonds again this year? Oh, yes. I'm a great believer in buying these bonds. Vihy are you buying them? Because they are such a safe investment. The interest may not be so large as on some other 'investments, but you can always be sure of their value and you can cash them any time at the bank for 100 cents on the dollar. What is your purpose in buying Canada Savings Bonds ? " "For the future. It's nice to have something you can cash in an emergency. They're a protection for the security of our home. I've always felt a sense : m, Chiicotin, Nov. 2, IB and 30 9 p.m. ' FRANK 1, SKINNER Prince Rupert Agent . NOW BETTER THAN EVER . Canada Savings Bonds 6th Series mature In 10 years and 9 months from date of issue ond bear ten 3'j coupons. The first coupon covers 1 year and 9 months and is payable on August 1st, 1953; subsequent coupons come due August 1st yearly thereafter until maturity. If cashed before , August 1st, 1953, simple interest is paid at 2 per year, . calculated monthly. If held to maturity the overall yield is equivalent to 3.21 per year. The limit for holdings in ar.y one name is $5,000 in the 6th Series. The bonds are cashable e at full face value, plus interest at any time at any bank in e Canada. They 'are registered in the owner' nome. They are non-assignable and non-transferable. I Ihird Ave-. -te Phone 568 The first school dance will For the MEAL that REFRESHES ..cur FINEST OF COOKING BEST OF FOOD CANADA SAVINGS S on sale Af0V in AND I"""-' THf PA0U SAVINGS W' FOR TAKE OL'T ORDERS PHONE 200 BROADWAY CAFE mmmmmmmm