THE DAILY NEWS. Messenger Boy Is Ambitious Due to Twin - Power Detection FUIN'CK RUPERT1 - BRITISH COLUMBIA Published Evcy A-'ternoon, Except Sunday, by Prince Rupert iUy. :Tews, Limited, Thirrt Avenu:- H. 1. PULLEN - - - Managing-Editor 9 Tubes SimSf'klPTIflV ItATFS H Jr " - 1 r f City delivery., by mailer earner, yearly period, paid In advance,.. , Foj lesser penoas, pai t in uuvuuce, per wees ...y,.,f3.. Transient display advertising, ADVERTISING. pet incn. per KATES Insertion Classified advertising, per Insertion, per word '. do the work of Contract lates on application. Editor and Reporter.?' Telepnone ., Advertising and Circulation Telephone Member ot Audit Bureau of Circulations oalV "bihtion tance to trarel along the road to re-stablishuent. and there are credible reaaona for bellertng wc cave gone some Ultlance in that direction. Tous ws ay that to Canada the yoar 1931 has been one of reorganization and, reconstruc tion. "The railway situation has mov ed Into recognition aa Canada's most lmperatlre domestic problem. Ita causes, complexities and possible solution are now being rotea ny a most competent trl bunat the. appointment ot whirl' at this time was an act of common sense and courage. The Canadian people will wesent to an Interest d world renewed etldence of those qualities it they glya their confl dauca t that tribunal and meet Its suggested solutions with consider nt Ions of economic value unbiased by political color or ptecon reived prejudice. "ine nation, ita various eoro- munltits, many of Ita, buslaeu la atltutions and no small number of It individuals have In the Past ordered their affairs aa though the way to enduring prosperity lay U rough, extravagant expenditure with little or no thought ot stabil ity of Investment or profitable return thereon. Thus as a nation its present jtosltlon. -...86 98 Saturday, Jan. 30, 19?. 2 WAR IN CHINA All the forces of peace seem to have, been impotent to prevent fighting in China. The country has been invaded by the Japanese and many of the Chinese killed. When the fighting will end no one- can say but it now looks as if Japan intends to push her way forward until she has China by the throat and then dictate her own terms to which the League of Nations will have to agree. Canada's sympathy seems to be largely with the Chinese because Canadians see a possible world danger in the aggressive attitude of the Japanese. On the other hand doubtless Japan has endured a great deal from irresponsible Chinese in Manchuria and the absence of a supreme authority in China has made it difficult to deal with the situation except by using force. WHAT WILL HE THE EFFECT? It seems to be the earnest hope that the present attack upon China will have the effect of consolidating the rival forces. That country has been suffering from civil strife for the past twenty years. No faction has been strong enough ta control the whole. The condition of the country has been such that developments were impossible. The transportation system is antiquated and the movement of troops and war supplies is necessarily slow. Possibly when the Chinese have- learned the lesson that they are now being taught they will settle their own differences and form a real Chinese nation strong and virile under compotent leaders. There have to be men who save money so that the spenders may have some place to borrow when the banks refuse them credit. D ETTER business tils year, I we are faced with debts that must AJ says K. W. Bsattr, chairman and president of the Canadian Vadflc Railway, in hi annual review of Canadian business tor 1931. A condensed report of the rer lew-la as folio wn: Mr K. W BMtty "Seriously affected by world condiUons aa Canada may apiear to be, there ia no country of the aame or aar- tnlng like the same coni;ara tive import ance in wori4 affairs that la le a affected basically by the conditions mat bare brought flnan cial disaster to tse grsat nations of Europe and ,w ue unitea states. "Economlo depression has reach" ea 'ta most pronounced stages In u-.ose countries moie highly in uustrlaJlied. Therein lies one of the reasons -why Canada haa ex perienced less dislocation, than some others, and is In a better position to tegister a rapid re turn to normal conditions. Hay-lag its economic basis still very largely in uu development of raw materials, Canada has less dis be paid. I know of no way of meeting- them other than by hard work and alrtct economy. Of vise expenditure leading to the cpenlng up ot undeveloped busi ness or lowering of production costs there can ba no lust criti- ism at any time, nor should the ruilwaya be blmned too carelessly for having IcoVed ahead and pre pared tneir Taciiites so. that future uslness reasonably assured might be adequately taken (.ire of. "The Canadian raerfic. for In stance, haa no apologlea to offer for any of the mote recent lui- ixjrtant additions and improve ments it has mad to, Ita services. The "Empress of IirlUIn". built largely to develop a new class o! de luxe American trade for the Canadian route to Europe haa Jus tified our best expectations, and up to the end of the world-cruise In April next a reasonably good profit on her operations Is assur ed. The Koyal York Hotel at Tor onto has alao done vtry well con w'dering existing conditions and the need for' such a convenience for the travel int public In that rlty Is just as great now as when the announcement of Its building was so enthusiastically hailed. It ia upon such forward moves w these that Canadian develop ment must ever be predicated. If the original building of the Cana dian Paciflo had been held up un til existing traffic Justified lis operation Canadian national development woftHd nW be decides behind "Over the past year railways have been more adversely affected iy the general trade contraction than has any other branch of In dustry. A 22.1 per cent decrease in Canadian Pacific gross revenue for the first tn months of the year 1 symptomatic of these conditions. Tlie fact that we were able to ef fect a 19.1 per rent saving In operating oorti over the same period la, an .evjdence of tho high Ktandard of efficiency at which the property hag been maintained. une direction in which we were not able to make reductions waa 1u that of taxes which will run thla wear to $7,MO,oo. Since Its incorporation, the company has contributed over $121,000,000 to Canada's las collections. Under adverse conditions of which an un reasonably forced standard otcora petition, waa not a small part, the company carried on Its services In- a manner calculated to retain the confidence ot the Canadian people. This Is shown by the fact that flora September. 1930. the number of Ita Canadian sharehold era has grown from 26,185 to 4. . . t. Slesenger boys are sometimes s.ild to be slow-p !v it is R McDonald of the Commercial Cable Company .uui. bcin instructed in aviatwn just so t.at he may be the nrsi and fastest In the world The Letter Box CITY ASSESSMENT Editor, Dally News: One of the statements to which i you refer In your editorial of the 26th was made by me and. was to the effect that the C. N. had con: tested their 1927 assessment in the Supreme Court which cut it more than in two while the assessment of the other property owners had remained practically the same. No 35,775, an Increase of 9,690, bringing the Canadian holdings up to over 46 per cent of the tout number of afcarehoklera. It was recently a most encour aging experience to me to go through Western Canada and witness the courageous manner In which westerners are facing tit situation. Any idea that the West is giving itself up to self-pity on the score that Its future as an agricultural country Is doomed should be abatxtonsd forthwith As a whole that Country ia not doing; too badly, and its people ara firm In their well Justified know ledge that they are going tn do as well as ever la the not too dis tant future. The moat seriously affected area comprise but 20 to 26 per cent of the West, and over tae remainder Um conditions are at least fair to good. Oreat en couragement has resulted from re cent advaneea in wheal prlcea, and since the statistical fiosltlon of that grain in world markets Is undoubtedly strong, higher prices and a reasonably good demand are not unlikely over the coming year. Intelligent Interest In improved method and lower cost of production as well aa In the all- Important matter of future diversification of faming: Is general This and the fact that Western Canada has again shown that It can produce the world's beat In both grain and live-stock is enough guarantee of that coun try's future. Eastern Canada has no less reason to view its agrlcul tural destiny with confidence Production and export of live stock and dairy products have in creased and the frelt orops of On tario and N'ova 8cotU are meeting with excellent markets abroad. "An Important Increase In gold production, some improvement In the demand for lumber, an increase over tbe year In the . vol ume of tourist traffic, a more sat Isfactorr Valance of foreign trade, and latterly a noticeable better ment in many lines of retail hits! nesa are most encouraging fac tors in the general situation. "He would -be a bold man who would make any prophesy aa to wnai is going to happen during the coming year. And yet I think it requires neither boldness nor second sight lo Justify tbe as sumption that IMS will, as It pro gresftc-a, show marked Improve' men; upon its predecessor. "It is an old saying, of recent years brought much Into mind ihat one thing greatly to be de sired Is more business tn govern ment and less gewernifttnt In bual-nesa. The period of economic. tress has done more to prove the reference was4 made to the 1926 assessment , Looking up the exact fiauree- I find that the C. N. was assessed In, im at $2,942,140 exclusive of the! dry dock, which was tax free so not appealed. The court cut this figure to 91.389,164 which is a reduction of 56. . i The whole city land aa$ement. in 1927 including the C. N. as modified by the court was $6,062,239 and in 1981 it was 93,981,168. which ta i a reduction af 21. No final figures are available yet for 1932 nor will there be till the court af revision completes it work. Q. II. ARNOLD. Better Business Ahead Says Beatty ; And Canada is Ready to Move Forward Canadian Pacific President Issues His Annual Review of Economic Conditions and the Outlook for Future Development and Progress in this Country. truth of that statement than any thing else could have done, and I find that a large and growing number of the Canadian people are accepting that fact as being abeadanuy established fey tbe course of economic events through which we are passing, under stress of war necessities it became the government's Job to supervise practically everything economic that was carried on. In many cases supervision became actual operation. The natural result was that people and Institutions began to look to government for tbe Inspiration and direction which they themselves could have given much better had they carried forward their enterprises on business principles the efficiency of which have been proven through ages ot stress and strain. Tbe success which attended tbe flotation ot tbe National Service Loan should be ax reassuring to Canadians of the sound basis upon wbicn tbeir economic affairs stand as it haa been to the world at large. Readiness with which our ejeople were able to absorb the new bond Issue established the fact that a surprisingly large amount of Canada's wealth waa In liquid form and that tbe Canadian people had no hesitation In placing It at the country s service. The Canadian dollar has gone considerably below par In most of the world's money markets, an effeet of world conditions which carrle Its own remedy in that It Is calculated to encourage a more favorable balance of foreign trade. It has also contributed as an Inducement to manufacturers front other countries to establish factories within our borders. Since August, 1930. approximately 115 new industries from Oreat Britain and the United Slates have been organised or are now In the process of organization. "intimate results following upon the recent British elections are likely to he far-reaching In tbelr relation to Canadian economic affaire. Important xtenslon of our trade with Oreat Britain seems assured, and It may he expected that the holding of the forthcoming Imperial Conference In this country will profoundly Influence the course of Caniulian economics over the next few yean. The Reiplre will he brought to a new realisation of what Canada has to offer In the way of natural ro- anurcea and opportunity for profitable Investment, and the country will step onr nrain Into thn forefront as a Isnd toward which tbe most desirable cIms of IswtnJ It rat Inn and settlement should proptrlflewyj . ., ..in BRENTWOOD MODEL Jacobean Console with 9 lube Sur-lielenxlvno Chaati imlixlinj Spray-Shield. Multi Mu sod lVnlwis Tubes. Twin Tor Detection, Grain! Ojiera Speaker. Complete with ttfltk Koget Guaranteed Tube. JLVtt VISIT TO NORWAY Karl Birch will leave on Mondny atterneeo's train tor Halifax wheie on February 13 he will embark oa the Scandinavian-American Llnv itMOMr Frederick XIII for a vicU to his native :nd of Norway. in the 1932 Albert Farrow, steamboat inspector, after spending a course of days here making an inspecttor. of the steamer Prince Oeortw-, which is undergoing annual over haul in the local dry dock, sailed I by the Cardena last night on hlaj return to Vancouver RADIO From "the Perfect Quality HweUer" in the- Science Museum at SoutH Kwsiugton, Loudutt, cuiue the priuviple of Tuin--Pour Z(cioa fouu4 in, the 1932 Majestic Superheterodynes. Due to this principle, nine tules tlo die work of eleixt it; these models. Two. of them are the new "2 IT Pentode Tubes, each of which has the power output of two ordinary "215," tube. These new Majesties hae all the turner and efficiency of an, 11-tube set with the low cost of a 9-tube set. CALL IN AND SEE THIS TODAY Rose, Cowan & Latta Limited PRINCE RUPERT, RC. C. N. ... TRAINS For the Eaxt Men days, Wednesdays undrt lujs - r- From the Cast Tuewtays. Thursdays and &'t days f'tfli It's got to be oid to be ADVERTI SED READ THE GROCERY ADS TODAY AH the king's horses . . . and all the king's men qan't make a success out of a bad product. No amount of advertising will croate a market for- it. The more it's advertised, the more its defect become known. A Good Product Well Advertised 1 tw as swiftly and naturally as a healthy plant. People try it and id like it. They tell others, They like it. Soon that pl'odugt is found und everywhere . . . and its name, spread abroad by advev I snrnrfiM asaXBa tisinir. is on everv toncue. - - - - C7 v cj When you see something widely and consistently advertised, you can be pretty sure it's well worth having. If it werent ... if it didn't represent an honest and worthy value . . . the maker couldn't afford to advertise it. Look Over the Advertisements in this Paper Some of these names you know. Others, perhiips, are newcomer, all aro entitled to your trust, . . . all are here because they have potential friends bringing some new comfort or convenience. But something real to contribute to your advantage . . . your service . . . your happiness. THE DAILY NEWS TELEPHONE 98