Today's Stocks I Court J O Mmmii Oa-I Vancouver Alrxandna. .01 Ba view JW. H. t Nlcke L ,70i . B! Missouri. 3i. liradlan. 215. Brilurne. 13.75. B. R I ons . .08. B. R X Gold. J5. Bu 1 X L, M ak. eviboo Quartz 1.05. DnV'tHU. .48. Dunwcl). 18. Oeiirfia River. jOl. Ch i mda. 50. Hci ulrs Con, .03ft. Inuun .01 4. Mmto. 19. ' ' Mrndian. .10Vj. - NsUunal silver. .03. Morning sur. .13. Noble rive. .07. Pcnd Oreille.' J0 (ask). Ptirtcr Idaho. ,073, Premier. 1.2S. Reward .05l. (ask). Reno. A3. Stiver Crest. .01;. Salmon Oold. .16 (ask). Taylor Bridge. .20. Wayside. Whitewater, X5i (ask). Wavcrly Tangier, .01 U. United Empire. JO. Toronto Central Patricia, 1.01. Chlbougamau, .10. Oold, .09. Oranada. 53. Inter Nickel. 24.10. Marasjja. 2.83. Noranda, 38.25. Bhrrrltt Oordon. .47. Bl&co. 253. Thompson Cadillac, .45i. Ventures, .97. l-ke Maron, .05. T Hughes. U0. Sudbury Basin, US. Columarlo. .26. Smelter Oold, .25. cn, Malartlc. .03. Little Long lC( 6 65 Astoria Rouyn, .06. Btadacona. .28 ti. MsPle Leaf. .17. Jkle Crow. 1.67. Long Lac Lagoon, .20. . Man. 4s Eastern, .27. 4 0I,S A p Con.. .08i. Automated, .08 (ask), & K . .63. "alhousle, .23. bvan. .ooi'g , Freehold. .07.' ' I1,0"16 Oil, .65. , '' Mnland, ,21. Mar Jon. .093' - . Unlttd- -Q4', (art). Striking Ideas in Regard lb Future Developments North in Commerce, Transportation and, Naval Activity Voiced by Clive Planta M.L.A. Before Gyro Club lure Inevitably embroil us In International difference. ... I would say build and maintain the Yukon Alaska Highway, allowing the United Stale every peace-time privilege, providing the panhandle of Alaska Is ceded to British Columbia as a concession. ... If. In connection with the Yukon Alaska, Highway, the Dominion government "arid, the provincial governments can' pledge Canada for some $20,000,000, they can better Justify providing the funds with which to complete highway transportation cast and west from Prince Rupert to Its na tural hinterland. Such were some of the striking Me.it Mnretwd by CUvc Planta. M .the Peace River In regard to which' he has placed himself unequivocally on record as being In favor 01 Prince Rupert as the outlet port and also justified the demand of Prince Ruicrt for Immediate pro vision of highway transportation to the natural hinterland of the city. Hrsponslblf Position Prince Rupert, located as It Is at the point on the British Columbia coast not far distant from tnc ai aska boundary. Is placed In a posl Hon ol extreme responsibility In the I light of events that are to come, said Mr. rlanta "No one can study the events of air navigation with nut reallzlne that all areas within reasonable proximity to the future air rlmnni'U OI U1C uuu ic nlaced in very vulnerable positions, "We have heard It said that the fnrtv.nlnth narallel of this con ... . . 1 l tlnent enn be symDouzca as a oonu of friendship. We boast 100 years ...fiit rrintlonshlD with the country to the south. With the od lr transnortatlon, the world routes of which will be cstab ll.dicd within the radius of the ... i nri-nt. nlre c. this conuncin is ior 41.. fir fim4 in history BDOUl M) feel the effects of the complicated international problems brought nhmit through the close proximity of numerous nations with conflict-in national objectives. Canada Is bordered on the south by the United 8tntcs and on the nonnwen ny ai- Contlnueo: on rage Of The city of Prince Rupert is paced in a position of ex-' treine responsibility in the light of events that are to come.' . . . Prince Rupert is in the future to become the watch dog of the British Empire in the Pacific arena of trade. . . . For. us to build the Yukon Alaska highway with the full knowledge that it is required for a strategic purpose by the (Untied Stales of America would bcH to commit an act Uiat would In fu FULL TRAIN ASPEN LOGS Ship Coming Here Neat Week to Load Matchwood Timber Vpr Orient An eitra freight train came In late yesterday afternoon from Fraser Lake, bringing twenty-four carloads of white aspen logs being shipped by M. JL Copnelly to the Orient for use In manufacture of matchwood. Six carloads had come In previously and twelve more are expected before L. A. for Peace River. In addressing j tne rnj 0f the week, between members of the Prince Rupert Oyro' Club and a number of guests at luncheon today Mr. Planta's ad-; dre proved to be one of unusual Interest. He envisioned the Important part that Prince Rupert was bound to play In future develop ments and events In the Pacific ! arena with respect to commerce. , transportation and possible naval ! activity. Mr. Planta gave considerable attention to the proposed Yu kon Alaska highway, giving some, InterwUng views In relation to isame. He referred briefly to the Ta-j clflc Coast rail outlet problem or forty and fifty cars In all going wtlh the present consignment. The Ocean Shipping Co.'s freighter City of Vancouver Is due here next week to load the logs for the Orient. LOAN GOING OVER WELL Subscriptions Started With Rush Yesterday Bennett and Rhodes on Air OTTAWA, Oct 2. (CP) The Ca nadian $250,000,000 refunding loan started off with a rush yesterday morning when subscriptions from three Canadian companies alone totalled more than $3,500,000. Last evening. Prince Rupert radio listeners were able to hear the appeals broadcast over the network of the Canadian Radio Commission by Premier R. D. Bennett, speaking from London. England, and Hon. EON Rhodes, minister of finance, from Ottawa. In support of the loan. Mr. Rhodes. In explaining the na ture and purpose of the loan, stated that this was a desirable Investment opportunity where personal Interest and national service went nana in Hand. The minister of finance an nounced that one of the many evi dences of better times returning to Canada was that federitl govern ment revenue for the first six monUis of the current fiscal year had shown an Increase of $26,000.-000 over the same period In the last fiscal year. Evidently due to transmission difficulties, the words of Premier Bennett from London were somewhat distorted. forecasts of taxation reductions and lower Interest rates to borrow- !iinMi in the addresses vly nvlv vwiv"iivn of Premier Bennett and Mr. Rhodes. Today's Weather Tomorrow's Tides prince Rupert Raining, fresh High 10:19 ajn. 16.9 ft. fa;tcr'y wind; barometer. 29.00; 22:18 pjn. 17.1. ft. ttmperature. 50; ca s'jpoth. Low 3:45 am 7.5 ft. 16:20 p.m. 9.9 ftif NORTHERN AND CENTRAL BRITISH COLUMBIA'S NEWSPAPER Vol XXIV No, 229. PRINCE RUPERT, B.O TUESDAY. OCTOBER 2, 1934 PRICE: FIVE CENTS L .At. JAPAiUSErAMERICAN WAR DISCUSSED THIS PORTS FUTURE IMPORTANCE IN PACIFIC VISUALIZED Peace jRiver Member Would Build Alaska Highway Provided Canada Was Ceded Panhandle in Return Crown Attorney Of Ontario Town Is Under Arrest LONDON Onl. Oct. 2- CP Cmvn Attorney Albert Judd wa irrt tci here yesterday on four durst" 4 Uifft aggrcgaUng $5700 la !nn"Uon with alleged converts - bis own use of 15700 In ball Canada's Latest Gold Rush jdiHigggm A new Canadian gold rush with prospectors ana trappers 'converging on Lake Athabaska, Alberta, far north of Edmonton, by horsepack, canoe and plane Is stirring the north country, after a lone hunter discovered new rich ore beds. Here are pictured, top. prospectors taking a canoe against the current In the race to the treasure fields; below, seaplane stationed at Fort McMur-ray ready to fly prospectors 160 miles to the nearest accessible landing area to the ore beds. Fine New Town to Rise Out Of Fire Which Recently Destroyed Nome; Spacious Business Area NOME, Oct 2: (CP) A new business district with fine nwdern buildings and spacious ninety-foot streets will Tokio Feels American 1 Aviation Development Is Menace to Pacific I Necessity For Continued Preparation For War With J Russia is Emphasized General Mitchell Sees Oriental Nation as Dangerous Enemy ; TOKYO, Japan, Oct. 2: (CP) The Japanese Army command published an official pamphlet today in which the strength of the United States in aviation is described as a possible menace to Japan. Necessity for continued ! preparations for possible war with Russia is emphasized. ,The pamphlet denounced the accumulation of wealth by a relatively few persons and the joyment of income without labor by a certain section of the nation." I Japan Is U. S. Enemy ; WASHINGTON, DC. Oct. 2: (CP) Brigadier General William Mit- !chell, retired, told President Frank-, lln D. Roosevelt's aviaUon commlt-' tee today that "our most dangerous I enemy is Japan and our planes should be designed to attack Japan." I I PLAN IS ADOPTED Edmonton Sinking Fund Board Agreeable to Refunding Proposal of This City The Edmonton sinking fund board, which has rejected the Burnaby one percent bond refunding offer, has accepted the plan of City Commissioner W. J. Alder of Prince Rupert whereby the interest rate on Prince Rupert debentures is reduced to four percent and outstanding debentures refunded for twenty years, it Is learned at the City Hall here. The Edmonton sinking fund trustees have signed an agreement with Prince Rupert to this effect involving a considerable arise out of the $3,000,000 fire of September 18. Improve-! amount of Prince Rupert deben ... . . . . 1 !! 1 1 11 11 K r m meius win inciucie me moving DacK 01 r rone street irom ' urcs the beach on Bering Sea to more solid ground. In early : l..:u: ...:n ..4...4. i 1 1? spring rebuilding will start along entirely modern lines Cniint'V Court-with vuuu a general relocation of theK I VUU1UJ streets and business district. Work of cleaning up the fire debris was completed at the end of the week and shacks are now being run up to house the population for the winter. Two Cabinets In Europe Have Quit Administrations of Roumania and Spain Tendered Resignations Yesterday LONDON. Oct. 2: (CP) Two European cabinet crises were reported yesterday wlUi the resignations of the administrations of Roumania and Spain. PLANK CRASHES IN ENGLISH CHANNEL: SIX PERSONS DIE FOLKESTONE, Eng, Oct. 2: (CP 1 Six passengers, including one woman and the pilot of Uic airplane, were killed when a machine crashed In the English Channel on a flight to Paris today. DROVE DOWN WHEAT PRICE Large Volume Today Dumped On Winnipeg Market Causing Collapse WINNIPEG, Oct 2: (CP) Large volumes of wheat dumped on the exchange here from Eastern Canada and Chicago caused a break of almost five cents in today's market. Near the close the government agency was credited with rescuing the plunging prices which closed from three to three and a half cents lower than at the opening. VANCOUVER, Oct. 2: Cash wheat was quoted here today at 75ic for No. 1 Northern. INQUEST ADJOURNED After viewing the remains of deceased, the coroner's Jury investigating the death of Valentine Co- lussl, Canadian National section man who was killed when struck W. coroner's Jury. List is Light The County Court list for the I month of October here is an excep-Uonally light one with only two cases on the calendar, both of which have come over from last month. The list is as follows: Einar C. Hopen vs. Erlck Doll. $256.50. R. L. McLennan for plaintiff, Williams. Manson. Brown & Harvey for defendant stands at request of plaintiff. John Dahlberg vs. Ingrald Hau- gcn. $95. R. L. McLennan for plain tiff. Williams. Manson, Brown & Harvey for defendant, stands at request of plaintiff. Two naturalization applications were dealt with when court was in regular monthly session yesterday before Judge W. E. Fisher. BAR SILVER REACHES FIFTY-CENT PRICE NEW YORK. Oct 2: (CP) Bar silver reached a price of 50c per ounce on the local metal market yesterday. PRICE OF SILVER v,, friBht trin n hort distance NEW YORK. Oct 2: Silver east of Haysport on Sunday night, prices closed here today at "51 ttc adjourned until Friday afternoon, per ounce as compared with 50c L. Coates Is foreman of tne yesieraay. 4jc oaiuruajr, u.m 49ic Friday. CHARGES ON GRAIN SALE Wheat Pool Official Suspicious Of Activity in Connection With Argentine Futures I WINNIPEO. Oct 2: (CP) Un-: warranted selling activity, due to the influence of huge Argentine (futures, is forcing down the price 1 of Canadian wheat. It was charged yesterday in a statement by John I. MacFarland of the sales department of the Canadian Wheat Pool. Mr. MacFarland urged an lnvesti-gaUon into futures trading not only In the Winnipeg market but also In ! Buenos Aires and London. I Two Children Lose Lives In Burning Home ABBOTTS FORD, B.C.. Oct 2: I When their small farm home -near ihere was destroyed by fire late yesterday two children of Mr. and Mrs. Abraham J. Stoobe, aged 2 and"4 years, were burned to death. The children were sleeping In the home located near a hay barn which caught fire from land cleat, lng operations. Both parents were working in the field at the time of the fire. Z Card of Thanks Mr. ana Mrs. C. S. Obata ami-on wish to thank their man rrlends for the kind expressions of empathy, floral tributes and otheT offerings received during their recent bereavement Mr. and Mrs. R. O. Van der sluys, who have been on a trip as far south as California, returned to the city on the Princess Louise yesterday afternoon. T TRIAL OF SAMUEL INSULL COMMENCES CHICAGO. Oct 2: (CP) Samuel Insull and other dlrec-' tors of the former great utlll- ties enterprises which he or- ganlzed are going on trial here today charged with bilk- lng Investors of $150,000,000 by the sale of flimsy securities. It is nearly two years since Insull was Indicted. Some months ago he was returned from Europe where he had taken refuge. . N 3: 42, 1 t il 1 i! J . i n 7 1 ill- 4-1 I