october 24, 1919. jas pria oy NANCY JANE” 1 ¢ Famous Local VYaw prio nee to the Rescue of Owner. NTEREST STORY HUMAN ow A BUOYANT BOAT ; incredulously Confidently) . Disgustedly). answer and exclama- » were all heard yesterday al w pay where the well known At Jane was seen with fats hats Rats.” Question, yacht Nancy her det ‘ j owner, Major Gibson, discon an’ aolate | ‘ks awash and her skipper after peing separated from his vio and joy for the past five : ; af warfare, the major had ial to have some necessary | F eeneling accomplished on his c “a yaw! he tide, however, sled to rise sufficiently to float Sn 1, the level spot designated for her beaching, and left the aw the shelving bank where era: . ; fused in customary femin- ane ine manner. to “stay put.” She alipped down with the outgoing tide and went aground with a list ® starboard. When the tide rose again she filled, but the major's propinquity induced = sufficient huoyaney for the Nancy Jane to joat, although with her rail flush with the water. Obvious Remarks. ind then these exXasperating ple, the makers of obvious re- began their flendish work. pe’ marks, Hullo, Major, your boat full of | water?” seemed to be the favorite starter Now the major is one of the most genial of men usually, but in the session he was subjected to yesterday, he very nearly lost his leustomary aplomb. He was saved from utter loss of dignity by a fshing boat skipper who was lending a hand with the opera- Hions. When the ninety-ninth in- uvirer arrived with the usual lock of interrogation, and after. ng assured definitely of the ality of the craft being full of ater, this one varied the usual quence by asking instead of bw,” “why. ‘Well, you see it’s like this,” wie in the skipper, who, like Flitu, had not yet spoken, but as unable longer to restrain hit While the major was fas a tat family got aboard vn them out is the only to get rid of them.” Rats Again. Whereupon the skipper shifted is quid four points on his star- ard jaw, took a reef in his ants, and gazed truculently upon he questioner, Rats?” came back the foolish ie, a8 \f afraid of a terminalogi- al inexactitude, “Rats.” returned. the skipper, pith frigid caiculated finality, nd such tonal qualities as to ree the seeker after truth on his ay across the bridge. The situation was saved. The major retained his equanimity, hile from across the bridge Ane in ningled tones of infidelity hd scorn Rats.” a alike ee ~~ | Sport Briefs | . AE aa ee marl . me ‘re now being discussed as *xtending of the Coast **ey Association to include Ed- _— and Calgary and probably prairie city, Frank Pat- iveldent of the Association “sidering the erection of an ) na at Calgary. The ad- eng Alberta cities to tht > Ree gs Association will } end on how they make * Winter and if any class we are Miss he The slave ; : Jack De \ life 's undermining be NC iy s health and he is ring, I “US LO get back into the Some ; IS POssible that he might Necker Match with Carpentier, W Naty Even Jess NEP sinng coming back, ince the big Toledo fight Pas he ~~ nee Working on the ly al ee and is reported *S harg Ost weight and is now Onsidep Behe. He never did - ompsey ; ‘al and sey a formidable is ‘an p still Confident that he *£ain the litle » Or Fulton, talks of Presiden ne LO "M8 White a i™SkY, of the Chi. 1999 — be the same when the MY. He tag 2% around, he Was lucky ininen that his team American 1° St away with the j . 408 » * Boing 4, — Pennant and he "Pend on Wilkinson r Pa lot fop next year oe mROWNING RATS THE DAILY NEWws Miss nada Gives Account of Her Stewardship And explains her War Financing to her Citizens Miss Canada: in humility, because of the sacrifices which have been made for me, but in pride because of the Spirit of Fortitude of your Sons, I come to enlist your most sympathetic support, as express- -ed by your financial aid, to enable me to meet the many obligations that still re- main towards the men who fought. I also wish Gs to provide me with sufficient National Working Capital to consolidate the position in the world’s markets, that you, by your industry, have so honourably won. Citizens: Perhaps you might like to take this Oppor- tunity of telling us how you expended the 610,000,000 we loaned to vou last vear? Miss Canada: I woud. You will recall that I asked you for funds to carry on the war, and to enable me to advance credits to Great Britain and our Allies, who, by their purchases here, have prospered our farms and factories. Do you want details? Citizens: Yes. The more facts and figures you give us, the more fully will you answer the natural queries of those to whom you are now appealing for a further loan. Miss Canada: Very well, then. I suggest you ask me questions, That is the best way to bring out the facts. Citizens: How much of the Victory Loan 1918 did you use for war expenditures? Miss Canada: Three-fifths of it—$380,- 900,000 infact. Before giving this expendi- ture in detail I wish to explain that your demobilization expenses as against those of mobilization have been concentrated with- in a few months. The expense of trans- porting our Army overseas was spread over more than four years. Consequently the cost of it did not bulk so large in any one year’s budget. Buc to bring home ina few months hundreds of thousands of men spread from England, France and Flanders, Italy, Egypt, Palestine to far-off Siberia, was a gigantic and expensive task. It taxed all my resources. Citizens: Realizing the conditions you faced, because of the shortage of shipping, and remembering that other parts of the Empire were eager for the speedy retura of their men, we think you did very well. Give us now the details of your war expenditures. Miss Canada: $312,900,000 was spent for the payment of soldiers since the Armistice—the cost of feeding them, part cost of bringing them: home, separation allowances to their dependents, the main- tenance of hospitals, their medical and nursing staffs, in Britain as well as Canada, the organization and conduct of the De- ent of Soldiers’ Civil Re-Establish- ment (which includes the Vocational Train- ing Schools) and the financing and opera- tion of the Soldier's Land Settlement Act. In addition to this, I have already authorized and am paying gratuities to soldiers on their discharge. Citizens: What is the amount of the gratuity? Miss Canada: I used $59,000,000 of the Victory Loan 1918 for this Gargeen, and expect to use $61,000,000 of Victory Loan 1919. Citizens: Did yau make any other disbursements under the heading of war expenditures? Miss Canada: Yes, $9,000,000 was spent at Halifax, to be used in reconstruction after the disaster. Citizens: We quite appreciate the fact that these were all necessary war expenditures. Perhaps you will tell us now what you did in the way of advancing credits to Great Britain-and our Allies? Miss Canada: \ith pleasure. I advanced Great Britain $173,500,000 to help purchase our grain; and I loaned her another 330,000,000 to buy other foodstuffs. Citizens: Did Great Britain buy any fish from us? Miss Canada: Yes, $9,000,000 worth. I loaned her the money to pay you for it. Citizens: Were there any other loans to Great Britain? Miss Canada: Yes, Great Britain bought $2,900,000 worth of ships built here. I loaned her the money to pay for them. Then I loaned her $5,500,000 to meet other obligations in connection with munition purchases. Citizens: What security have you for all this? Miss Canada: Great Britain’s pledge to. oy, er weg by the resources that made her nker, Manufacturer and Bulwark to her Allies during the war. Citizens: That’s good enough. Did you do anything for our Allies? Miss Canada: I loaned them $8,200,000 to buy your foodstuffs; raw material and manufactured products. Citizens: That accounts for last year's Loan. Will you tell us now a you need another Loan, and how you purpose using it Miss Canada: I need another loan to finish paying the expenses of demobiliza- tion, since the proceeds of the 1918 Loan were exhausted,and to meet the obligations I still owe to your Soldier Sons. I also need money for National Working Capital. Citizens: What are the obligations to soldiers? Miss Canada: The cost of bringing them home. The payment of all those still undemobolized, including sick and wound- ed, who are still in hospital, and who of course remain on the Army Payroll until discharged. The upkeep of hospitals, and their medical and nursing staffs, Citizens: How much will these items entail? Miss Canada: $200,000,0: 9. Citizens: Does that include the gratuities? Miss Canada: No. I shall need $61,000,000 of the New Loan to finish payin’ these. Citizens: Will that include the money to finance the Dept, of Soldiers’ Civil Re-establishment, including the Vocational Training Schools, and the working out of the Soldiers’ Land Settlement Act? Miss Canada: No. { estimate $57,000,000 for this. I have already approved loans to the amount of $26,000,000 to soldiers already settled on the land under this Act. ar How many soldiers are taking advantage Miss Canada: Up to August 15th, 29,495 soldiers had applied for land under the terms of the Act. 22,281 applications had been approved. 9,043 men were alread laced on farms, and millions of acres w be = cultivation, that might otherwise e. Citizens: What ye consider the great national advantage of having iers become farmers, apart from increased praduction of food. Miss Canada: The love of outdoor life and the resourcefulness of our saldier citizens are just the qualities to make them successful farm and upholders of the best Canadian ition. Citizens: Have you any other war obligations? Miss Canada: Not that I foresee. I have covered the major ones. ci : You eaters emnading further credits to Great Britain and our , do you not? Miss Canada: Yes, to the extent that your loan will permit me to. Citizens: Why sell to Great Britain and our Allies if they can't pay cash? B Miss Canada: Their orders are absolutely essential to the continuance of your — culture and industrial prosperity. magnitude of their orders, and the amount of employment thus created will d upon the success of the Victory Loan 1919. Citizens: Will you explain enoly Oe idea of credit, and why it is so nocessary that we uld give it? Miss Canada» Farmers and manufac- turers (and that includes the workers on these orders) must be paid cash for their products. Therefore I must borrow money from se to give credit, temporarily, to Great tain and our Allies. Actually, mo money will pass out of Canada. If you do not grant this credit, other countries will; and they will get the trade, and have the employment that should be yours, to distribute amongst their workers. And remember, you absolutely need these orders to maintain employment. If you don’t finance them, erm.ployment will not be as plentiful, business will feel the depression and conditions everywhere will be adversely affected. Citizens: Will you use the proceeds of the Loan for any other purpose? Miss Canada: Yes. I must carry out the National Shipbuilding and Reconstruction programme. I am also committeed to advance loans to Provincial Housing Com- missions. Citizens: What are individual—personal advantages to be gained in buying Victory Bonds? Miss Canada: The fact that Victoty Bonds are among the world’s mier investments—in security—in good interest yield—-and in ready saleability. Citizens: What do you mean by Security? Miss Canada: I mean that the whole resources of Canada-—all the assets of all the people—plus all the wealth yet to be discovered is behind my fisssc to repay you your principal when due and to meet each interest payment. Citizens: What do you mean by “good interest yield?” Miss Canada: You receive on your sa deposits3%. Invest in my Bonds, with t security of all Canada behind you, and you get 514%. Citizens: What do you mean by “ready saleability?” Miss Canada: I mean that if, at any time, you wish to get cash for Victory Bonds— that is, sell them--you can do it ata moment’s notice. » if you want to borrow money on them, any bank will loan it to you and accept them as security. For all practical purposes Victory Bonds are as ea as money, e: cept that if you keep a 1 in a box at home, or in a vault, it doesn’t earn interest—but Victory Bonds do. Citizens: Would you advise a person to take money eut of a Savings Bank and invest it in Victory Bonds, and if so, why? Miss Canada: I would—-because I pay almost double the interest paid by Savings Banks and my obligation is undoubted. Citizens: Do you think Victory Bonds will increase in value. Miss Canada: They ought to. Every nm who subscribed to Victory Bonds t year has made money. I have every reason to believe my credit position must steadily advance. Citizens: You have given a good account of your stewardship, Miss Canada, and realizing the tions we have to our sons,—our pee ~toaae mers and industrial ucers—to our workers everywaere— to You, the it of our beloved country—to those who ve 60 lantly died for her—we and to buy ae aes Bonds to the absolute 1i of our ability, and thus ensure the realization of our highest and best aspirations for Canada and all Her peoples. Cut this out and read it carefully. It will answer a great many of the questions you may be thinking of in connection with the ictory Loan 1919 «‘Every Dollar Spent in Uanada’’ lesued Ly Canada's Victory Loan Committee in co-operation with the Minister of Finance of the Dominion of Canads. «id