Today's Weather Trlnce Ruji K - ly, light nor- thcrly wind; perature, 35 2 ' '. 30.15; tem th. Vol. XXII.. No. 2E W B " lii o w p HOOVER ISSUES EXCHANGE DISCUSSED City Wonders Whether to Make Debentures Ta) able in Canada or U. S-To Get Report in connection with the passage! of a bylaw providing for the con-1 solldatlon of a number of local im-1 provement bylaws totalling $103.-1 476.68 with a view to issuing deben-1 tures and selling same, the city council last night discussed the problem as to whether it would be more advantageous to make the de- j ventures payable in Canadian or Jnlted States funds. It was finally! ieclded to refer the matter to the' inance committee which will seek to get expert advice on the problem before next meeting. Mayor Orme stated that this year, alone adverse exchange had cost! the city $10,000 in connection with; taking up of bonds coming due dur-1 ing the year in New York. The! mayor stated further that the man-1 ager of the city bank had suggea- j ted that the time had come wheni the city might well consider making Its bonds payable In Canadian funds. ! Aid. Plllsbury suggested that In-formation might be compiled to' show whether or not what the city might get adldtlonal by having Its j bonds made payable in the United. States offset the adverse exchange. After some further discussion, the matter was referred to the finance committee for report. Later In the meeting. Aid. Mc- Cutcheon offered the suggestion that the city might with advantage call for figures from the various banks of the city when bonds were being repaid. Mayor Orme replied that this had been the general practice In the past. The various local Improvement issue which have been consollda-1 ted have been approved by the municipal inspector. Japanese Licence Attachment Comes Before Council nlohf.lP'ry ' that Um0' m0st suble -ft,. .it ..n,ll ot la.l Charles LiOra. secretary ui uic northern D. C. Fishermen's Association, asking endorsatlon for the movement to have the government abolish the system of attachment of Japanese fishing licences to certain from Mr. Lord on the matter was ead. CONGRESS BLOODSHED ATTENDS PERU REPUBLIC POLITICAL United States President Admits Necessary Increase In Taxes; Unqualifiedly Opposed To Dole Has a Reason to be Happy Berglunds daughter looks i .'v and wouldn't you if a 1 i rived informing you that ' t.ithcr's Irish sweepstakes Set Mood to win $175.000.. PEACE RIVER BLOCK GAINS Population Increase In Ten Years Amounts to 13,819 A 'irdtnii to the 1031 census, tho P niver Block of Drltlsh Co-showed a gain In popula-; :i during Uie past ten years of 1 'I in. Tomorrow's Tides Wednesday, December 9, 1931 W 'h 1:10 a.m. 19:0 ft. 12:47 p.m. 23:3 ft. l"W 6:50 a.m. 1:8 ft, 10:40 p.m. 1:0 ft. HOSTILITIES ATTKNU I'EUU INAUGURATION T TWA h... r o. . Ton A I CI U, AWi niT.sons were killed and thlr- 'wn wounded in fighting at . r iijan between citizens and 'he police on the eve of the in- "URuratlon of President Luis Sanchez Cerros. 4 - Recommends Establishment of Emergency Reconstruction Corporation to Aid Industries in .Manner Similar to That Carried Out During Great War WASHINGTON, D.C., Dec' 8: President Herbert Hoover, in his message to the first session of the Seventy-Second Congress today, recognized the need for an increase in taxes and expressed unqualified opposition to a dole for the unemployed. He recommended the establishment of an emergncy reconstruction corporation of nature similar to the former war f lnancer 1 . . ... 1 corporation which organization during the war with government funds provided credits where they were needed by the Industries. President Hoover opposed any general revision of the tariff, recommended that Immigration restrictions now in force be more definitely backed by law and .noted that "negotiations are now In progress with Canada for the construc tion of the St Lawrence Waterway." Huge Deficit The president said that there was an indicated deficit for the fiscal year of $2,123,000,000. Unless taxes went up and expenditures came down, the government will have run behind some $4,400,000,000 by the end of next fiscal year. QUESTIONS ANSWERED Mayor Orme Gives Municipal Fin. anclal Information Asked By Ratepayers' Assoc. The followlne inaulrles were re cently made of Mayor Orme by the Prince Rupert Ratepayers' Association: "What was the total legal bor rowing capacity of the city as of December 31, 19307 To what extent was this capa city utilised as of the same date? How much more could the city have borrowed and still be within 1U legal limit as of the same date? in a general way. without gomg too minutely into the matter, has there been any material change In these since December 31. 19317 u so. what?" Mayor's Reply Mayor Orme replied as follows: . nnivinir to vour letter o8 No vember 2fi. I wUh to inform youj that the city's borrowing power limit at December 31. 1930. was $2,-552,303 against which debentures amounting to $1,803,286.94 had been l sold. ' On January 1. 1931. we sola u,-700 debentures and during the year redeemed $114,438.63 so uiaw u.w In our borrowing Is ho material change powers since the end of last year." ... . . The correspondence was filed at last night's council meeting. Widow of Former Denutv Minister Of Finance Dead VANCOUVER. Dee 8 - Mrs. Eltea Smith, widow of J. McB. Smith, former deputy minister of finance at Victoria, died here yesterday NORTHERN AND CENTRAL BRITISH COLUMBIA'S NEWSPAPER PRINCE RUPERT, B.C., TUESDAY, DECEMBER 8, 1931 British and Japanese Admirals Meet Here is Admiral Kaly. commander of the En .luh China squadron shaking hands with Aamlral Yamiguchi. chief of the Japanese naval general staff, on occasion of former'. visit. Rome, New York, Chamber of Commerce, Would Trade Pan Handle For St. Lawrence Land ROME, New York, Dec. 8: The Rome Chamber of Commerce today empowered its secretary to suggest to the State Department the trading the Panhandle of Alaska to Canada for land south of the St. Lawrence River before consummation of the water-power and waterways treaty between Canada and United States. SITES ARE SELECTED City Council Grants Land Temporarily to Northwest Telephone Co. For Radiophone Service The city council at last night's meeting granted the Northwest Telephone Co. use of ground on the pipe line roHu ucm w oua v. wua Passage crowinc for the temporary placing of the receiver to be lnstal led In connection with the new commercial radiophone service here. The use of block 35. section 8. for the location of the transmitter was also granted by the council. In making application for tne use of these sites. C. II. McLean, transmission engineer for th Northwest Telephone Co.. intimated that they would probably be used for a year ) In an experimental way. Dy the ex- On On motion motion of of A Aid. Collart and Aid. Rudderham use of the sites requested was granted. VANCOUVER WHEAT VANCOUVER. Dec. 8: Wheat was quoted ut 60c on the local! 'exchange today. Wallace Funeral is Held in Vancouver rioneer Businessman of This City Laid to Rest in South Last Saturday The funeral of II. S. Wallace, well known pioneer businessman of this city, whose death occurred last ,n Vancouveri place on Saturday afternoon In the southern city. Son and daughter of the deceased came north from California, where they reside, to attend the funeral. Chelohsin Struck Rocks Last Week On Lower Coast VANCOUVER, Dec. 8: The Union Steamship Co.'s steamer Chelohsin is on the Burrard dry dock for inspection and repairs of damage sustained when she struck a rock off Edmond Island while southbound from northern point. The vessel backed off without difficulty and nroceeded to Vancouver. Re- pairs are expected to take about a week's time. TAXI 32 Prompt 24 Hour Service MESSAGE MUST MAKE CUT SOON City is Rapidly Exhausting Its Funds For Relief Work Declaring that, at the present rate of spending, the city's fund for unemployment relief would be depleted by the end of February, City Engineer F. M. Oood, In a report to the city council last night, suggested that, In order to conserve the financial resources for a longer period, the number of men or time of work might be reduced. Mr. Oood urged the advisability of something being decided upon by the end of this month. Mr. Oood reported that In October 181 men had been employed and the payroll had amounted to $10,- 500. in November there were 198 men and a payroll of $15,260. At present there were 319 men on the list and Mr. Oood estimated a December payroll of $19,000. Thus $45.- 000 would have been spent, leaving a balance of $39,000 which, at the present rate, Mr. Oood estimated would not last beyond the end of February. After bfter discussion, the matter was referred to the board of works for report. Aid. O. W. Rudderham mentioned a number of single property owners in the city who were up against it and suggested that, if possible at all, something might be done for thlr relief. It was suggested that efforts be made to ascertain the number of such men. Government Camps In connection with the matter of the single unemployed. Aid. Mac-donald thought that the absolute necessity of the work camps, which had been closed down several weeks ago, reopening should be impressed upon the government. He moved that the mayor take the matter up again with Victoria by telegram. This was seconded by Aid. Rudderham and carried. During the discussion on unem-oloyment Aid. Black, mentioning the case of burnaby where the gov ernment had closed municipal work on the grounds that men were re celving work who did not need it. Inquired if the investigation committee of the council Was func tioning. Should a federal inspector come here. Aid. Black wondered If he would find all in order locally along this line. Aid. Macdonald and Aid. Collart. members of the Investigating com mlttee. referred to difficulties In obtaining detailed information re irardln? the men on relief. As far as could be humanly learned, how ever, all receiving work were really entitled to It. MISS AUDREY MJSHKY TO WED ENGLISHMAN Engagement of Local Girl to George Rolleston of Bristol is Made Known Southern papers publish the announcement of the engagement of Miss Audrey Violet Anne Berntce Bushby. daughter of Mr. and Mrs. O. O. Bushby of Prince Rupert, granddaughter of the late Hon. Arthur Bushby and great-granddaughter of the late Sir James Douglas, first Governor of British Columbia, to Oeorge Vllett Rollea-ton, son of Mr. and Mrs. O. Rolles-ton and grandson of the late Col. Rolleston of Salttord near Bristol, England Miss Bushby is at present visiting in England. PRICE: FIVE CENTS CHANGE SHIPMENT OF GRAIN Aid. Black Brines Matter Up at Meeting of City Council Last Night Aid. Jame3 Black urged at last night's council meeting that somen thing might be done with a view tqj having some grain shipments made from the local elevator which wa$ now nearly filled with wheat. Vancouver had shipped ten million bu-shelj lr. November and he did not see why there should not be some shipments made through Prince Rupert. Influences seemed to be working against the port in the matter. Aid. J. H. Plllsbury stated that Mne Chamber of Commerce had taken the matter up time after time and never seemed able to get anywhere. No action was taken on Aid. Black's suggestion. WITHDRAW -PROPOSAL Prlnee George Does Not Insist on P. G. E. Extension on Account of Negotiations In view of Premier Tolmle's statement that the provincial government was negotiating with three private companies for disposal of the line. Dr. R. W. Alward. M. L. A. for Fort Oeorge, at the British Columbia Conservative Association convention in Nanaimo last week? withdrew a proposal of the Prlnee Oeorge Conservative Association! that the Pacific Great Eastern-Railway be Immediately extended to Prince Oeorge Dr. Alward declared that the sucn cess of the government at the nexlf election would largely depend upon a solution of the railway problem. Nomination and Election Day Are Set By Council By resolution of the city council last night, January 11 between the hours of 12 and 2 In the afternoon was set as the date for the receiving of nominations for mayor, aldermen and school trustees to be elected In 1932. The poll, if necessary, will be held on January 14 from 8 ajn. to 8 p.m. Aid. McCutcheon suggested that from 8 a.m. to 6 p.m might suffice as polling hours but City Solicitor Jones replied that the hours wero set by the Municipal Act and could not be changed by the council THREE DAY VACATION :ity Workmen Will Not Labor Be. tween Christmas Day and Sunday Following The city council last night adopted a recommendation from tho board of works that Saturday, December 26, be made a holiday for all city workmen. A number of city workmen had suggested to tho' board of works that operations bo also suspended on the Saturday as well as on the Christmas Day be fore and the Sunday following,