i . W w t ( ( L C I: M r; it Today's Weather Pui. Rupert Clear. freh ea-ft,iid; barometer, 29.54; tern ufc 18; ea choppy. vtXXv N 13, She i'b.ii) funds. There is a tendency in some quarters to Premier Bennett's new utterances on economic ,s with the downward trend in commodities at Today's Stocks (ACTION IS Yantoutrr . 02. Hci. .40. ourl, J?. 2 00. 3 35. . ar w. . . y.vcr. .00. JJ. ' -ck. .04. .0 n.. .01. 7 V . 15. S'.ir. .11. Silver. Jg. I 064. ' ':'i!le. 5. . : i ho. .04. ' i 48. 04',. t est. 01. Oold. .11. Bridge. .18. 08i,. .itr. .04 ft. .v Tangier, .001. Empire. .08, Toronto ratrtcla, 1.20. tmau. 03. 12 .00 Mi. kel.. 22.751 ' 2 50. 32.25. ' Gordon, .52. V mi. . 0 .08. 301. I PROMISED .Not Waltine Until After Election To Implement UK Reform Pro cjajnv Premier .Dennett, Declare VUTORlA,.c JP&XU) NORTHERN AND CENTRAL BRITISH COLUMBIA'S NEWSPAPER PRINCE RUPERT, B.C., WEDNESDAY, JANUARY 16, 1035 1 OMorrowilvi ides High Low 0:13 ajn. 17.5 ft. 11:45 pm. 20 J ft. ... 5:51 ajn. 10.1 It. 18:40 pjn. 3.7 (t PKlCr MVE CENTfc MMDMfl GOLD PRICE TAKES SLUMP WHEAT POOL NOT ALARMED AT SLUMP IN GRAIN PRICES Mouj Mefal Drops Thirty Cents Today On Montreal Market WisliinL'ton Fixed Price Advances Four Cents in Cann. dian FuiwIk Bennett s Pronouncements and Iower Commodity lcvcls Associated MONTREAL, Jan. 1G: (CP) Gold was caught in the ; T commodity prices here today, dropping thirty Nt.Jl.ll per ounce in Canadian funds. The Washing- i price, however, advanced four cents to $35 in t K Mil,!. 'wr B.i.iln t 1 'If i urn f Oold. r- Mulartlr L: - Long Lac, i Rouyn ')r.a. M; : Leaf, Crow Antonla 14. 1.25. 11. .58. C.75. .03. .10 1. 2.40. 4.29. orty Millions (Hit... For Farm Relict i iieprcxentatlvcs In Waxl ,n'" Rallflcs Rerommemla. "on Of Auriculturc Committee JASIHNOTOM DC. January 16: uoine of Representatives rday ratified a bill from the iVftA1nnlirtl1 nmttec providing X,0Vor a'cuultural relief urPoscs this year. To Legislate Carrie Attatk to Liberal Defends Trade Trcallev-To I'trman-ently Cure Economic 111 MONTHEAL. Jan 16 -"We are taking appropriate atopc to deal ith the problems that face this Dominion not next year but this fmt," declared Prime Minister R U. Dennett last nlht In laying hit reform program before a large mectlnc in Atwaler Market here (in fer the aupim of the Montreal Young ConervaUve Association. Thl you will find In the Speech from the Throne at the opening of Parliament. We cannot do everything at once. No one can expect that. But we can strike and we are atrtWng now." Premier Bennett carried his attack rlaht Into the Liberal camp. describing It as the party of Inac tivity which, for the mere sake of OTtDoaln. had criticised and voted 'ayqlnst the Ottawa trade treaties. oft posing. Indeed, every effort that his (Bennett's government had made to advance the Interest of the country and. thus embarrassing lh government and making it difficult to carry on Ita Important work. Taking hold when the Dominion was the dumping ground for the whole world and all markets were closed against Ita products by high I tarlf walls. Mr. Bennett acciarca that, within two years, his government had been instrumental in convcrtlne unfavorable trade bal ances to favorable Such progress had been made that this year, tne Prime Minister estimated, including gold exports, there would be a favorable trade balance of $200,000,-000. The Dominion now occupied n rommandlna nlacc as the fifth Oi sixth exporting nation of the worM This condition of affairs Mr. Dcn-inctt attributed to the British preferential trade agreements which had been secured as a result of the Ottawa conference. These agree-'mcnts, the Prime Minister declared, had nreventcd Canada from be coming Insolvent and had saved the Dominion from bankruptcy, lie was at a loss to understand why Mr. Kin? and the Llbsrals should oppose these agreements day after day. Continued on Page 2 Opening of Ottawa House THE CANADIAN PARLIAMENT BUILDINGS OTTAWA, Jan, 16 ICP -With f.v sew member to be tittrodu -ed t: Mr Speaker and four seats vacated by death, the Houic of Common s wiil preser.? a much changed appearance at the opening tomorrow of the sixth session of Canada s 17ih parliament sjice Confederation In addition to these changes a cabinet shuffle alters the personnel of the trea ;ury benches considerably. The opening proceedings will be broadcast at 11 : 15 a.m. Pacific Standard Ume with re-broadcast 5:15 p.m. MARKET IS i COLLAPSING : Imminence of Upsetting of United States Gold Legislation Has Demoralizing Effect NEW YORK, Jan the prospect of the United States Supreme Court upsetting President Roosevelt's gold legislation, which action would, It Is feared, seriously affect the country economic balance and increase the country's Indebtedness by many thousands of millions of dollars, gold Issues slipped sharply In trading here yesterday. The British pound sterling and the Canadian dollar, for the first time In many months, sllppec! below par. Wheat dropped 4c per bushel In Chicago and two cents in Winnipeg. the concerted sell-off In general stock Issues forced prices down from one to six cents, the turnover for the day amounting to 1,370.000 shares. Closing averages were as follows: Industrials. 100.49, off 2.47; Four Children Perish as Fire Destroys Home KLAMATH FALLS. Oregon. January 16: Four Indian children, ranging In age from two to ten years were burned to death when fire destroyed their home here ytsterday. POUND IN MONTREAL MONTREAL, January 156t The British pound sterling closed at $4.87V on the local exchange market yesterday. vu IAN MACKENZIE IS "":DULLDAY CAUSTIC IN REGARD TO PREMIER DENNETT FORT WILLIAM, Jan. 6: Speaking here on his way to Ottawa to attend the session of Parliament. Hon. Ian Macken- 16:-ln view of "T ; "I,: . the following words: "A dema- Socialist, posing as a prophet and benefactor, whining on the eve of a general election after four years of miserable failure at the helm of Canadian af- fairs." Vancouver Pastor Accepts Call To Montreal Church VANCOUVER. January, 16: Rev Bruce Hunter D.D.. LL. D.. pas Fallis. has accepted a call to St.; James United Church in Montreal, it was announced yesterday. Intense Cold In Northern India SufferliiR of People Intensified By Earthquakes Several Arc Relieved Dead j BOMBAY, Jan. 16: Intense col. In northern India has caused several deaths, according to reports re celved here. The suffering and hardship Ms been accentuated by IN TRIAL session so far in the trial of Bruno Richard Hauptmann, charged with the kidnap-murder of baby Charles he ransom money Chief Defence j Counsel Reilly described the bring- i raus, ovii, on i.ov, ummw, ii.ii, tor or uanaaian Memorial unurer. iT , 4 . ot,f.33. and bonds. 96.09, off .30. (here for the past year orso follow- IV nrPfl Anif TIf 3T1 mg the me aepariure oi v;oi. u. u. Handwriting; Experts in Hauptmannl Case Fisch Relations Brought Over Divine is Dead CLEVELAND. Jan. 16: Rev. Dr. Lloyd Vincent, eminent American divine, died here yesterday at the age of eighty-nine. The funeral will Ukc place at Erie, Penn. , j .j'ouiid Sterling and Canadian Dollar New York Mxchani NEW YORK, January 16: The trltbh pound sterling closed at $4.86 on the local foreign exchange market today, down .02. earthquake shocks. The government The Canadian dollar closed at $1 Is preparing to send relief. even, off l-8c. McFarland Declares Co-operative Only , Interested In May Price is Pegged at Eighty Cents Per Bushel and Will Stay There, Selling Agency Manager Points Out In Interview at Montreal MONTREAL, Jan. 16: (CP) "We are not interested in July futures," John I. McFarland, general manager of the central selling agency of Canadian Wheat Pools, stated last night in commenting on the slump in prices on the Winnipeg Grain Exchange. "All our interests are in May. he price is pegged at eighty cents and it will stay there. 'Our purchases are for May delivery ?ar of Duke And Duchess of Kent Runs Down Child PARIS, Januuary 16: A car in which the Duke ana Duchess of Kent were driving -yesterday struck, down a child on the street here. the child being not sertoasly- irr--Jured. When the accident occur-rtd. the Dske ana his bride, the former Princess Marina of Oreece. were on their wav o LeBourget airport to fly to England. WORLD COURT IS DISCUSSED Day or So WASHINGTON. D.C, Jan. Senate continued debate yes terday for adherence of the United i FLEMINGTON, N.J., Jan. 16: States to the world court. Majority Yesterday was the most humdrum i Leader Robinson. In a lengthy speech, urged acceptance of the recommendation. After a day or so more of debate, it Is expected a fa- Augustus Lindbergh Jr. Handwrit- vorable vote will be taken Inc pxnprts u-prp still nn flip u-ltnpss' stand to give evidence. i It was disclosed yesterday that; the widow and other relatives of i Isadore Fisch had been brought to this country from Germany by the state as possible witnesses In the ovent oNHauptmann insisting that it was from Fisch, now dead for two ears In Germany, he had received and we are going to; take delivery then.' Mr. McFarland was reiernng to wheat purchases made by him with a guarantee to the banks by the Dominion government Vancouver Price Up VANCOUVER. Jan. 16: CP The price of wheat here advanced today to TIHc from 74c yesterday. RESIGNATION Capt. Black, OF SPEAKER lion. Georee Black Relinquishes. Duties as Presldinr Officer of House of Commons OTTAWA. Jan. 16: CP A forecast yesterday, Hon. George Black. M.P. for Yukon, resigned on account of Ill-health as Speaker of the Canadian House of Commons. The first business at the opening or the FavoraMr Vtite by United States session tomorrow will be the elec- Senate Expected Within . tlon of a new Speaker to succeM CIVIC CHRISTMAS BOX MEDICINE HAT, Jan. 16: CP Reflecting the Improved financial, condition of" the city, ine council came forward with a Christmas box" for citizens in the shape of a cut In electric power rates and abolition of gas meter rentals. Prizes Offered For Best Limerick Competition For Readers of Daily News With Chance to Win Subscription For Year or Six Months The Daily News has decided to offer a year's subscription for the best limerick submitted for publication. There will be a half year's subscription for the second is an unnecessary waste of publiii best- The v?rse must be the Writers own composition, money. must be plainly typed or written and signed by the-writer with his or her own name and address. More than one limerick may be submitted but , only one prize will be awarded to TJr-l?! lot ( Sales of Chain l1b (U WV. Vk 9UUJVI1U(I IV w iv. per. The verses will be published if i considered of sufficient Interest.! The name of the authors will not 1 be published except the prize win- J ners. i Following are two limericks submitted as samples of the style of verse required: There once- was a Jolly old man. Who rode In a Lizzie tin can. He made a great noise But he still kept his poise. That happy old Jolly old man. A countryman came to the city. Stores in 1934 Ahead of 1933; NEW YORK. Jan. 16: According, to statistics made public here yt-1 terday. chain store sales In Urn United States for the year 1934 were four percent higher than the year previous. Clarence Martin, son of Jame Martin, well known Massett mcr- That he did not remain was a pity, chant, arrived In the city on the He played a card game, j Prince John last night from, the" Said It all was too tame. Islands and will sail tomorrow "To the sticks I'll go back," was night on the Prince Oeorge for a his dltty. . trip to Vancouver. V 3f.