PAGE TWO The Daily News PRINCE RUI'EKT BRITISH COLUMBIA Published Every Afternoon, Except Sunday, by Prince Rupert Daily News. Limited. Third Avenue H. LONDON CLASCOW CAPE TOWN F. PULLEN 'SI Managinx-Editor well managed. In Prince Rupert it is a great thing for the people to have plenty of books available. It tends to a much greater content than would otherwise be the case. No matter what views may be held in regard to it, the library is now an established institution that no aspirant for public office would dare to speak against. Particularly is the library useful for the younger readers. The best books are available for them, although not in as large numbers as many would wish but in sufficient numbers to allow them to secure a literary education which will be useful to them throughout life. , OPEN UP BRITISH COLUMBIA In any discussions which take place in regard to the proposed Peace River outlet, it is honed that the Provin STOCK EXCHANGE UNDER FIRE n The stock exchange is under fire .because many people i no Jhave lostfortunfisjri speculation andsamamembers of theis exenange nave oeen accused and -are being tried for irregular actions. This movement is natural just following a period of Isiock speculation when even the office boys watched the board. However, that period is over. We are getting back to normal and it is safe to say it will be many vears before there is another such wave of speculation as that through which we have just passed. It resembled in many respects the real estate gambling of twenty years ago at the time when ! i nnce uupert was lounded and which so many local people have cause to remember. We must buy and sell stocks and we must buy and sell ?real estate. The fact that some people speculate in them does not mean that the market must be destroyed. EST Hour Whisky This Way UMn POUR OUT a portion ofWIliTE HOUSE" and add an equal portion of water. Iloll it around in your glass. First test it by the nose, and its delightful and pleasing aroma will at once be apparent to you, . an aroma which almost baffles description. Then test your "WHITE HORSE" by slonly sipping it. Do not swallow it first allow your palate to detect and appreciate its distinctive and delicious flavour. No other j. whitLycanofferyousnchmellow. ness and smoothness or create such a derp sense of satisfaction and enjoyment. "WHITE HORSE- Scoith n.i.lT it dirtiiied and bottled in Scotland tod old throughout tbt world. DISTILLED AND BOTTLED IN SCOTLAND This advertisement is not publishea or displayed by the Liquor Control Board or by the Government of British Columbia. it consumes, and has been kept from doing so entirely by less-than-cost-of-productlon prices." mentioned the president. "If we are go- "Never before In the history of modern wheat-growing has the grower had reason to hope and be-' ' lieve that his wheat would eventu- ally be sold at its actual value as compared with the prices of other commodities." Mr. Wood contended. Today, said the president, the wheat farmer Is fast developing a belief that actual-price sale can be effect- ( ed and that he himself can do it ' 4ress ran a theme of opposition to the KJea f a "100 per cent Pool by legislation." Up to the present. Mr. Wood declared, the compulsory plan had been offered as a fad only and not as an intelligently-defined business proposition. It represented defined system, no plan of man- asnenfr.no stability of development; in short, no logical reason whatever for believing it will be successful and permanent, com mented Mr. Wood, who is also pres ident of the Alberta Wheat Pool. "Of course, there may be an in telligent workable plan in the minds : of compulsory advocates." the president conceded, "but. If so, it has never been revealed." Proponents of the idea, be fell, wanted the non-pool man to lose his rights to sell his wheat in his own way and the ! pool member to lose his present; right as member of a co-operative i body. "They are tired of a pool" ; said he; "they want a puddle." i Government legislation to enforce a 100 per cent pool would vitiate the pool contract, explained Mr. Wood, and terminate the existence of a voftmtary pool, nut when it comes to selling eectrol. only those who had previously signed the voluntary contract could participate, and the present contract expires in 1933. "What thenr queried Mr. Wood. No Practical Plan "From this, point on. there has been no suggestion regarding prac tical plan of carrying on," the president averred. "The present members cannot continue on the basis of signing a new voluntary contract to deliver their wheat; they will be bound by law to deliver it. It would seem that the only voluntary basis left would be management. Is proposed that a new contract be signed on that basis? If so, who will be eligible to sign? "If a new sign-up Is limited to the membership at the time the I legislation becomes effective, there! will be no opportunity of Increasing the contract membership. On the. contrary, some of the mem-1 bers. In all probability, will not : re-sign. Other members will havei moved away, and still others will; have died. We could only look for1 a very materially decreased mem bership, and this dee ru ie would Inevitably continue through sub-' sequent signup periods until it became extfncll "If, at expiration of the present contract, every grower la given right to participate in the management, there will be an overwhelming majority opposed to the very Institution into which they have been forced," Mr. Wood con tinued, "unless there is a mira-euloa change In the opinion of the western wheat farmer." Suggestion that the farmtr who de- THE DAILY NET S Thursday. " ' Tnn '"Ml, V 1 . International Co-operation Is Necessary in Marketing Wheat Wood Tells Annual U. F. A. Meet ii t a . (V a itu .inn nnnvr trnm mnor u hoar. SUBSCRlPTidN RATES' growing countries especially Argentina, Australia and By mail to all other parts of British Columbia, the British Em- ;ine united btates is neeaea to enaoie the Canadian U001 pire and United states, paid lr. advance, per year 6.oo farmer to sell his wheat intelligently. This was the state-By mail to all other countries, per year. 7.60'inent made todav'bv Henrv Wise Wood, for fourteen Transient display advertising, per inch, per insertion tyears president of the United Farmers of Alberta, at the Classified advertising, per insertion, per word ...v 02 ' organization's twenty-second annual convention here. . each insertion, line 15 Legal notices, per agate DAILY EDITION ftwrtfcray. January 23. 1930 PRINCE RUPERT'S LIBRARY The growth of the local library is a natural sequence which was to be expected as lone as the institution was; Yet even international co-operation would not mean that the farmer could fix what he considered the right price per bushel for his wheat In , r-' relation to what he Has to buy. and Sirecj might return to the old trade arbitrarily maintain that price re- sygtem when hls contract ex-gardless of consequence, Mr. Wood j discounted by the pointed out. Inevitably, as result! SDeaker: . the trade svstem would of such an arbitrary move, produc tion woaki be stimulated, he said, and the problem of supply and demand would appear. This will be a real problem, Mr. Wood thinks, when the world begins to sell wheat at its, actual value. "Ithas been demonstrated during the past half century that the have been destroyed by that time, he said. "So far as the Canadian Wheat Pool is concerned, its future is entirely in the hands of the contract .signers." admonished Mr. Wood. If they believe in It and put their brains and energy be hind it, there is no reason to be- world can produce more wheat than 1teTe tt establish! per manently. Contract signer, it is up to you! Are you ready to go on with renewed energy to make this voluntary nnnl n siicrMH nr ing to deal intelligently with prices. ftre you wearled of your t ef we will be forced to deal lust as intelligently the regulation and, to my mind, what we have already accomplished Is very simple in com- cial Government will not be a party to any plan which -does I w1th me work tlmt 13 yet .... r..:4.:u r- l t.: rru- :. - j tt .itobedone. plan, mentioned in this paper yesterday, does not develop any of that part of British Columbia north of the Canadian National Railway. Also, it does not serve the Peace River Block, which should be the great aim of any railway supported or aided by the Province. J To make a cutoff j south of Beaver Lodge would open up very little new country but any small amount benefited would be in the province of Alberta not British Columbia. The grain from the Peace River Block would have to be hauled eastward, then south. What is needed is a route leading directly ,wesi 10 me racmc anu sucn a road would ol necessity make its terminus at Prince Rupert. The map published yesterday shows the fallacy of any route exceut that comintr out at Prince Runert. thr rit.v that is the "K to the Orient." forts and ready to turn the Job over to someone elst?" Pooling and co-operative marketing of farm products are not new thing, he pointed out. The speaker traced the advance of recorded pooling from two centuries back when European mountain folk made cheese from pooled milk, to the present day. 'To the onlooktaf Outside world." he stated, "the Canadian Wheat Pool today is a marvel the most spectacular development in the business world." Success of the Canadian Wheat U. ...... 4 U through the voluntary contract pool : "", TU"7 system. , western farmer, in the aggregate, Throughout .the ad-' presidential lion of the pool than any farmers elsewhere. The little farm group who organised the old Grain Growers' Grain Company in 1909 furnished primary training; then followed the Saskatchewan Co-operative Elevator Co., the Alberta Co-operative Elevator Co.. and the United Orain Growers. Llmlted-vall contributing to the backgrduhd for the more perfect co-operative pooling system for selling wheat. "For over a quarter of a century farmers of Western Canada have been fighting for their political and industrial freedom in order that they might have an equal opportunity in life's struggle." said Mr. Wood. "The present Wheat Pool in Western Canada, is in many ways the result of aU that struggle. Culmination of the fight came a year ago when this convention asked the Dominion government for a new board of grain commissioners; we got what we asked for because we asked in the name, of our right only. Test of Farmers Party "It is now more than three years since our last election and there will be both a provincial and a Dominion election within the next 18 or 20 months," declared Mr. Wood, In stressing the' value of tlia c4tbenshjp pooling system Inaugurated by the, United Farmers of 'Alberta. 'This will be the testing time as to whether or not the United Farmers of Alberta membership still appreciate their political freedom sufficiently to have the machinery in order and ready to function when the time comes. Vlgilence Is the price of liberty and preparedness is the greatest possible assurance of success." Painful Boils One After The Other Broke Out On Arms Miss K. Eudd, 1100 Victoria Drhs, Vmcouv!', B.C., writes: ''About yrsr to I u troubled with boils. Thy broke out 00 my arras, and no soonrr wm ose hraled than another would rme to tile 1U plica. I suffered great tin with them, and tried different medicines and ointment, but they did me so good. "I wm advised to take 6 uL uiv, what relief I goti auea my ikia wss as Jfr as before. " Pot up oniv by The T. Mllbura Co, Limited, Toronto, Out The Letter Box LEAGUE FINANCING Editor, Daily News, Prince read with much interest in ! the edition Of The Dally News of 'January 11 an account of the ad-, dress given by me before the i Women's Canadian Club of Prince Rupert. : With reference to the statement ; attributed to me to the effect that "The United States was giving more Ito the financial support of the League than any other nation." There is a slight error here. What I endeavored to point, out was that "Apart from the suubscriptions of the governments of the countries j which are members of the League of Nations, more money was received from private citizens of the United States to assist in League work than from private citizens of any other country." Could I have this made clear, please? Yours very truly, T. A. HIAM. Assistant to the President. WHAT PEOPLE ARE READING Librarian Gives Figures Showing Call Made For Educative Books at Prince Uupert In her annual report, Miss Cruik-shank, librarian, gives the following figures in regard to the demand far books at the public library: No of Bks. Pet FicUon J1.D44 87 99 Philosophy 198 Religion 113 Sociology 224 Language 24 Science 192 Useful acts 538 Fine arts 317 Literature 830 Biography 420 History 648 Travel 161 Juvenile 10,486 Total 48,960 u. E m 0 For All Your BAKING is lllli WHfTO OTTMH-HWIM ii 05 S U8 2.24 22.34 99.48 . X Ml""'1 1 - I . . .! jF"'i!'!l!l!r T i-r X ' '4 for the richest, smoothest, creamiest white sauces, you can count on Carnation Milk. It is pure whole cult in the most convenient acd dependable form. Write or Mtrj Psl Coos Book CARNATION CO, UMrTTD lii AbfcMi Sttm, Vo.. B.C The Safeguarded MM 6from Contented Cows" I'll m-7 y 1 TTFIIfl? Uraw Tuna "W wn SETS THE PUCE A RECORD development and progress of eery industry In British Columbia Is the achievement of 1929. Public interest in these events was manifest on the Vancouver Stock Eichange. In 1929 J129.748.6J0 worth of shares were bought and sold on the Vancouver Stock Exchange. Such a volume of business requires an almost perfect system. The operation Is governed by the laws of supply and demand. Buying and selling orders meet on the "floor." These orders set the price, and the Public controls the orders. The trading concerns securities of known value, and these securities represent undertakings on the threshold of a great era of Industrialization of Western Canada, No undertaking can llsr its rerurltles on the Exchange without pastlni an examination. First principles of Mock Exchange operation are alike In London, New York and Vancouver, and are strictly adhered to. The Vancouver Stock Exchange, as an Institution, owns no stock In any enterprise , . . sponsors no stock notation . . . favors no broker . . . expresses no opinions about IndU Mm!lf,,0C " ".CCFU no '"Ponsl-blllty for rise and fall of prices. No progressive country, looking to Its Industries and natural resources for the production of National Wealth can be without a Stock Exchange. Like electricity, water, roads. tranV pprtatlon It ranks as a Public Service, disinterested, neutral. The purpose la to make trading efficient, to broadcast prices Instant-y from the "Floor." The Public . . the price. And the Exchange lives up to the ideal, expressed in its charter passed by Provincial Parliament, in 1907, as long as it fulfill In every way the duties given, It to perform. . tmymt tni Srllmg Stc'ritui, .- .f V 8B. JM 3