12,
1935
DAILY
NIWS
jjjc
OF
MONTREAL'S
Business
Improving
STRONG
POSITION
mrdon,
President,
Deals
With
Major
Problems
That
Must
,
"
Ilrfore
Counlrv
Can
Mali
I'.-..
....
j,
aiio""
..-....
iiuiinj
(
.
inuarranted
Competition
and
Ilunliratinn
i
c
L
rt
1
U
-
a
B
kjv
l
w
I
'
Oar
1
w
Great
,ul,wav
Systems
Dealing
With
Wheat
lf
Points
Out
That
What
Canada
Has
to
do
is
Sell
Her
I
'
''nn
.
....
r,n
Year.
I:
;
f,
uilh'n
.
r.nMl
Manarfr.
Itpvltrs
PrnttMo
ir.j.
,
-
n.
ii,
JOInl
vv.v.
.
.nauc
iiy
ine
D000
.
V.ir
Year
InUU
Insists
That
That
RnriUn
of
T..!
1
"."Tro
nt
nt
Where
It
Consumes
Ca
rnt
and
nUcouraces
Discourages
Indust
Industry
.f
t
800.000
rfeductlnz
Dominion
ri
j.j.i
novernment
taxes,
lltoJ3.005.212
as
compared
I'MOOO
wer
nau
oi
iuui
In
Dominion
increase
to
the
STAmtiil
uxes.
m...w
Rnrdon.
oresiaeni,
in
'
-
ttHM"
.
.
I
WA
he
was
sorry
m-
UtfL
IN
"
-
-
.
tl
w
,
hm
M
InP
IfUVUIIUUWtv
tUfCcrm
uant
ui
iu
1
1
eiKtr
of
fact,"
he
con-
T1
UiE
fcvve
beta
borrowing
money
In
some
.i
..UuU
efonrf
mm.
i
a.-
Unn
Vinr.
,J
iAliUWti,
A
w
JV
v
i.
j
i
ju.t
Atitrinir
Wii'a
in
a
urasuw
vuvwo
rfthe
Mrninffs
of
the
Char-
:
banks,
which
have
been
..
,
.
i
.
i
-
-
j
xi
sasea
on
me
resuiw
v
Ba
of
Montreal,
It
means
n
per
annum
than
they
a'a
.
.
.
.
j
.
warjon
may
oe
tcjihiuvu
m
.
.
.
.
11
T
.7n
ill
pnnp.1
pn
i
xit
nun.
A
ui
no
matter
whether
taxes
paid
directly
or
not,
no
citizen
rortmmpnt
it
rnmps
Ihroueh
171
HinV
Intnenrt
rr
IT
TTII1V
uj-to-day
living
require-
LI
economic
situation
in
Canada,
wanejgald
"I
think
you
win
avlnii
i.
4
1
t,
nil
1YQ
muv
Ull
L
111
UUlClllO
uc,w)vernment.
These
proD-
'
w.uuuii
h
lew
ui
iimriiv
nrnniem.
witi
nh
i
r
wuun
ud
ine
lmuciavnv
w"i
u
rmn
nirmonr
wn
r
1
111-
"
u
necessity
of
relieving
DrOTlnro.
nnj
.
loin-ill.
-
vV
OliU
UU1
IilUl.f-'"
Of
im4n
i
.
Via
-uc
ouraens
oi
reim
i
--vunuori.
wnicn
wouia
nave
'"i
more
sprinns
naa
meic
.""u4uon.
which
is
causuis
fiction
of
our
national
re
,v
are
the
major
problems
'viii
i.nP
nnvprnmem
anu
""wy,
anrt
f
thov
sro
attack-
.1
ana
wiftpiv
timer
ni
our
-Will
M
11
LlllliaLlbMM
J
want
to
know
In
respect
Cse
malor
nrnh1om
l5
not
-
-
,
vn
WOT
he
dQne
but
wnal
qoiip
WUld
llkp
tr
Mnhr,cl7l
thP
1
Uc
nrrn
r
!
1
BID
.
'
"
-jur
pianks
In
the
platform
joir
wnicn
has
succeeoea
wer
was
the
definite
and
em-
;
promise
to
balance
the
bud-
Wl
K
.
...
.
l-
-
an.i
c
'cmemDerea
mat
tne
s
laid
rt
national
Duaget
f...
as
me
prerequisite
tCOVery
by
thP
Maflnnal
Hnv-
Great
Brltaln-
and
11
at
BUM
nUer
t
common
knowledge
:
wmy
was
tnls
obJect
ful.
out
that
lte
fulfilment
has
OrPat
ti.ii.i
.--j
it.-
ri
-
witiaui
lu
icuu
liic
.
m
thp
,...
i
,i..
e
entituj
i
.
.
.
r
.
.
."wcu
m
innir
rnr
a
c
mi.
u
suiiuar
uujeu-
Capital
Resources.
San
Vn
u
and
Production
Definite
Business
Has
Taken
Place.
cmtnt
in
,isl
meeting
of
the
tlve
by
the
new
Government
at'
treal
held
ai
me
ncau
wtuiwa,
aim
i
nave
no
nesitatlon
rvx-pmb:
rwemb-
2-
2.
a
a
lae'and
large
aim
whatever
wuaicw
in
in'
saying
saying
that
mat
with
with
an
an
I
fl
eatherlng
of
share-
early
achievement
of
that
object,
,fltuve
6
,
.ui,
unanimous
Canada,
assumlne
that
nr
vtrir.r
f!tX?rihe
statement
and
re-
problems
arise
to
complicate
her
i-fl'1
..
.....
mr
the
fiscal
outlook,
need
be
second
to
nn
other
(the
owe
country
in
Drozreas
and
material
"f
amounted
to
$792,-;
'lhe
huge
carry-over
of
whvat,
jiassevs
a
100.000
he
further
stated,
constituted
an-
-
I.
A
'POT
V
lIM
IIllllllK
wvaav
w
aw
U
W
V
A
A
UO
Ull
Willi.
II
'
Uiii"
!L
fl--1
w
-
H?0-
a
nnnnn
renre-
Canadians
had
been
surfeited
with
..II
a1
i3JJ.lw.w-.
r
of
all
liabilities
to
arguments
as
to
what
cannot
be
J1'8.'
ontaire
It
was
done.
"There
can
be
no
sound
basis
TIUS
piii.'"'"1
-
me
I
J
i
wzher
than
necessary
j
for
,
prosperity
in
Western
Canada
Litd.
"'.
nA
Is
a
until
that
nrnhlom
e
enlvori
ijIMi
1
H
.
i
rtomanri
fnr
will
repnverv
in
the
rpt.
nf
th
Tin.
-kg
rtru
ULtu
-
-
ii
niimntes.
minion
cet
Into
its
nrnner
stririp
"
t
i
enfflmtltw
lor
c
...
in.
mar.
I
,
until
then.
Many
industries
depend
Utments.
"
Qftn
.
:on
the
flow
of
new
wealth
into
this
Mat.
m0
.
orin
nnn'nuer'
country
in
exchange
for
wheat
and
MMite
oi
io,ouui
-
--
by
the
public
part
of
the
set-back
of
our
rail-
ittf-r...
-
aaa
o
i
'wav
Is
due
to
the
effprt
nf
thf
iR41.JUU,WU,
an
ui-
aMwA-
istonnaee
of
the
wheat
traffir
In
w:hlch
so
much
of
their
expensive
caulnment
was
formerly
employed.
wnat
we
nave
to
do
is
to
sen
ovr
wheat,
not
hold
It.
and
sell
it
within
the
crop
year.
There
Is
no
other
way
out."
Mr.
Jackson
Dodds.
Joint
general
manager.
In
explaining
the
various
Items
In
the
Bank
s
statement,
re
ferrcd
to
the
failure
of
the
lo7;er
ou
w
tail
aeposiw
C
".nt
Thi
'ng
01
te
interest
structure
of
tne
blotto
P?rn
country
to
stimulate
borrowing
of
n
irm)tred
necessary
py
.
money
ior
proaucuvw
ana
coiisinx-
tlve
nurnoses.
remarklne:
"Lenders
naturally
shortened
the
term
of
their
commitments.
They
would
not
risk
long
term
investments
at
low
rates
In
the
face
of
experiments
of
one
kind
and
another,
whether,
monetary,
economic
or
socialistic.
Until
confidence
is
inspired
by
the
adoption
and
carrying
out
of
sound
policies,
the
balancing
of
budgets
by
effecting
economies
and
by
tne
reduction
of
taxes,
lone
term
in
vestments
will
be
postpone
and
business
recovery
retarded.
Dominion
and
Provincial
Gov
ernment
taxes
paid
by
the
Bank
durlnir
the
past
year,"
he
said,
"to-
I
tailed
$1,002,000
an
Increase
of
$101,000."
This
did
not
Include
Municipal
taxes
of
various
kinds
paid
by
the
Bank's
branches,
which
ran
Into
a
substantial
sum.
"Taxation."
he
proceeded,
"is
primarily
intended
to
cover
state
and
municipal
essential
expenditures.
That
we
have
drifted
a
long
way
from
the
original
Intention
is
becoming
more
and
more
apparent.
tvip
hurrien
of
taxation
imposea
by
our
numerous
governing
bodies
has
Erown
to
the
point
where
It
fnnsumes
caDltal
resources,
saps
energy
and
enterprise,
discourages
Industry,
production
ano
conauui.-
tlon,
and
thereby
increases
uuciu-nlnvmpnt.
Taxlne
bodies
are
be
ginning
to
realize
that,
unless
taxes
are
reduced
oy
enecung
ciuiiwmw
In
public
expenditures,
the
source
of
taxation
will
ultimately
be
dr'ed
"
up
o
nmreeded:
"Definite
Im
provement
In
business
has
taken
place
during
me
paai,
jem,
m
r
..
.
i
4vicHa
arm
f
n-
31
all
nanaicapa,
uumv.v,
--
-i
n,sn
i
unmistakable
evl
dene'e
confidence,
and
Increased
-
dence
oi
of
mwcK-u
-i
'
Wlllllll
...
.
-
1
n
a.aa5.
:v
a
further
courageous
step
In
the
direction
of
KarriPrs
to
foreign
trade.
re
V:V
h
this
much
for
our
own
country
In
relation
to
the
In
ternational
situation
,
-
tnai
ui
re-emphasize
and
vital
concern
is
to
put
our
Internal
affairs
in
order
.to
enure
Canada
being
pn,p.
It
11
may
be
resumed
hi
imu.v.
.Hi?
about
..ii
-t
hp
hroucht
u-Z
by
tMnK
trying,
-wuy
out
quack
-i
remedies,
lous
VANCOUVER,
Dec,
12:-V.sUaV
evidence
of
the
tremendous
strides
made
toward
economic
benefits
to
Canada
of
Empire
trade
agreements,
recovery
by
New
Zealand
and
Australia,
and
-the
the
arrival
and
trans-shipment
In
Vancouver
of
can
be
found
in
these-photos
showing
a
solid
C.
P.
R.
tralnload
of
Fovd
automobiles,
for
export
to
New
Zealand.
At
top
Is
a
close-up
bejng
tntt:
the
hold
of
the
Canadian-Australasian
liner
Aorangl.
view
of
one
of
the
autos
slung
:
while
below
the
solid
train,
of
50
cars-300
Fords
ln.all.
is
seen
entering
the
C
P.
R.
yards
at
co-qultlam.
This
tralnload
is
being
followed
closely,
by
additional
trainloads
bringing
a
total
of
1410
will
hand
e
part
of
the
first
December,
The
"Aorangl"
Fords
to
be
shipped
from
Vancouver
Jn'
tralnload.
with
other
and
larger
shipments
being,
made
to
New
Zealand
by
the
freighters
Loch
Lomond"
and
"Cape
York.
ForU
Of-Canada,
by-
December
31.
will
export
to.
sister
Dominions
In
excess
of
48,000
units
which
is
fir
aheacflof
1929
and
well
over
1926,
the
previous
peak
year,
when
39,000
units
were
exported.
Value
at'
retail
of
this
year's
tremendous
volume
will
be
nearly
$50,000,000
and
particularly:
important
tsV
the
75
content
of
Canadian
labor
and
materials
in
products
of
Ford
of
Canada.
This,
is
the'
highest
percentage
of
Canadian
labor
and
materials
going
Into
any
car
made
or
sold
In
Canada".
'
Twenty
-Five
Years
Ago
December
12,
1910
Coming
north
In
connection
Aid.
F.
H.
Mobley,
candidate
for
the
mayoralty,
declared
last
night
at
an
anti-Scott
Act
meeting
in
the
Mclntvre
Hall
that
he
pre
ferred
licences
to
the
Scott
Act
but
that,
if
elected
mayor,
he
would
loyally
enforce
whichever
the
citizens
choose.
Dr.
A.
A.
Mc?
Intyre
presided
over
the
meeting
which
was
crowded.
Dr.
Clayton
and
Mr-
Blakemore
were
also
snpakers
as
well
as
Father
Hartr
T"
'
.
...
man,
Roman
Catholic
unurcn
priest,
who
declared
that
he
was
opposed
to
the
Scott
Act.
A
fine
case
of
ore
specimens
from
the
Hazelton
district
has
been
presented
to
the
Prince
Rup-
rt
Club
by
D.
A.
McKlnnon.
District
News
STEWART
to
the
Stewart
.
n
--
buui1
.
,
enterprising
people
are
beginning
,
Cnrlstmas
Dinner
fund
is
repui
nnre
more
to
look
ahead
"Gradual
recovery
In
worm
commerce
will
continue
as
men
of
good
will,
with
courage,
aDiiuy,
tlve,
enterprise
and
Ingenuity
devise
means
whereby
trading
m-y
be
resumed
on
more
normal
lines.
Ottawa
Agreement
was
a
The
xue
..0----
anout
compensating
re-i
wuur
nmv
n.
.1
nri
tonprni
i
a
nip
anytime
..w
...
-
"
...
,
,u.
Ira
onrt
Can-
ted.
the
sutn
of
525
navmg
ueci
already
suscrlbed
formerly
employed
CIV
iv
-
.
.
,
thp
nnnwell
mine
at
Stewart
V
vw
-
has
been
confined
to
the
vancou
nonorai
tinsnltal
recently,
nav
VCi
v-
v
M
,
.
hpon
involved
In
an
accioen
In
which
he
sustained
the
loss
of
his
left
eye
...
y
&
m
Pntterton
and
Mta.
u.
daughter.
Jessie,
of
Stewart
art
.-;,o.iTVmprt..
the
latter
being
III
Iltil
Tr-r
in
hospital
where
an
operant..
was
recently
performed.
George
Vergl
of
Hyder
B.C.,
-foot,
suffering
from
a
badly
infected
Is
a
patient
in
tne
ranre
ui-General
Hospital.
With
heavy
snows
around
Stew-ATnahP.
.nast
week
,or
so,
I
the,
ePXernment
snow
plo
has
the
ch
would
only
a,!--
In
keeping
hnneiess.
hop
w
condit
on
-
roads
open.
E
lna
and
delay
will
not
only
UVS
IU""J-
y
nrairp
their
...
.
..,rA
mar
be
futile
but
win
cwu.D-
-
,lttve
position
m
me
father
growth.
Some
J'SrtaMaard
.
Is
not
tooJUgh
that
the
.tonaam
-
proper
sense
ox
Viiffh.
and
throughout
-;;
7-
accumu.'lt
is
the
cost
tn-
-
a
debtor
country,
pum
tnis
cost
can
oe
Drougm.
fated
means
even
tholthlchan5ieVfectlng
economies
In
our
exces-
.
-i
i
nntiirni
wealth,
.
.
,,v,oaH
"
undeveiopcu
'slve
genciui
affects
.
he
ner
com
com.
,
that
It
adversely
Upward
Turn
On
Stock
Market
Strength
Shown
Particularly
To
wards
Close
Turnover
Yester
day
More
Than
Two
.Million
wun
tne
campaign
agaiuai,
uhcii-
.
Shares
Canadian
c-jRnnn
635-000
nr.,inrle
Punds
as
!
s
mmnared
comPared
with
wlln
can
poachers
In
fishing;
'J"'
an
an
-upward
upward
movement
movement
nt
oh
on
oa
the
the
tne
New
New
w
.
..
,
.u..
w
n,mH-
.n
the
same
month
month
waters,
it
is
announcea
vuav
n.
i.
C.
S.
Rainbow
will
pay
a
lslt
to
Prince
Rupert
about
January
15-
November
Halibut
Landings
in
1935
Ahead
of
Year
Ago
i
York
Stock
Exchange
yesterday,
I
?
J
Amor.Mn
undines
this
the
list
turning
particularly
inn.-"
":"ted
November
r
amounted
to
to
338.000
338,000
Just-before
the
close.
The
days
transactions
"
t
i)
t
a
1
le
a2,J3,oou
shares
and
closing
averages
were
as
follows!'
industrials.
143
85,
up
53;-
rails.
'
41.28.
up
.055
utilities,
29.23,
up
.17,
and
bonds,
98.21,
TODAY'S
STOCKS
(Courtey
8.
D.
Joonston
Co.)
Vancouver
B.
CT.
Nickel,
.19;
Blg!
Missouri.
.69.
Bralorne,
5.45.
B.
R;
Cons
.03'4.
B.
R.
X.'
Gold,
.08.
Cariboo
.Quartz,
1.23.
Dentonla,
MVz-
Georgia
River,
.01.
Golcorida,
.10.
Indian,
:01V2.
Mlnto,
.10.
Meridian,
.12.
Morning
Star,
.03.
National
Silver,
.022.
Noble
Five,
.04.
Perid
Oreille,'
.95.
Porter
Idaho,
.04
Vz-Premier,
1.82;
-Reno,
.99.
Silver
Crest,
.00
V2.
Salmon
Gold,
.08.
Taylor
Bridge,
.15.
Wayside,'
.15.
Whitewater,
.062.
Waverly
Tangier,
.008.
.
United
Empire,
.03
(ask).
Grange,
.0134.
Toronto
Central
Patricia;
2.67.
Chlbougamau,
.16
V2.
Lee
Gold,
.02A.
Granada,
.22v
Inter.'
Nickel,
44.50.
Macassa,
3.20,
Noranda.
46.00.
'
Sherrltt
"Gordon,
1.06.
1
Slscoe,.
2.67.;
Ventures,
1.59.
Teck
Hughes,
5.00.
.
Sudbury
Basin,
3.36.
,
T
Smelter
Gold.
'.04.
Can.
Malartlc,
1.00.
Little
Long
Lac,.
6.15.,
Astoria
Rouyn,
.02Vi.
v
Stadacona,,
.19,
f,,
;
Tnnip:
T.paf
.108
W.'
McKenzle
.Red
Lake,
1.39.
God's
Lake,
1.29.
,
,
Sturgeon
River,
.58.
Red
Lake
Gold
.Shore,
.40
Sah
Antonio,
3.40,
Shawkey,..63.
we
sell-circulation.
We
have
It.
Try
a
classified.
"
)
pound
In
comparison
with
229
000
nniinrts
a
vear
aeo
while
tnis
Nov
ember's
Canadian
fares
were
297.-
hi
TP
Halibut
landings
at
the
port
of
?
Prince
Rupert
for
the
month
of
W
November
this
year
are
placed
at
m
Krf
000
pounds
as
against
JS.uuua
pounds.
I
lytf
TV,,
final
lanrilners
In
1934
Wei"C
i
ZT
on
November
6
whereas
fishing
Is
i
still
continuing
at
this
time
this
year
In
Area
No.
3.
...
-
4
H
PAGB
TSMf
A
GIFT
FOR
ANYONE
A
Saving
Account
at
The
Royal
Bonk
It
a
Chriitma
gift
that
is
always
appreciated.-You
can
open
an
Account
in
anyone
t
name
a
child,
a
friend,
an
employee-end
preient
it
in
a
pan
book
with
special
ChrUtmas
cover.
Arrange
this
now
at
any
office
of
The
Royal
Bank,
for
any
amount.
R
EQ
Y
A
L
B
A
N
OF
CANADA
Ni
-
.
i
UO
lou
nam
Your
Wife,
Mother,
Sister
or
Lady
Friend
to
,
Look
Like
Cinderella
This
Christmas?
,
j
to
Demers
and
make
a
selection
No
of
course
you
don't!
Come
Suitable
Christmas
Gifts
and
have
of
from
their
fine
display
her
made
a
Princess!
Something
for
every
occasion
DEMERS
have
it.
Don't
forget
our
Christmas
Gift
to
you
with
purchases
of
$5.00
$3.UU
111
or
more.
lliuiv.
?
;
VJ
-l
THE
GIFT
SUPREME
A
"L0ND0NT0WN
DRAPE"
nraetical
somcthintr
that
rfl
uuiiivvi....t5
i
will
be.
appreciated.
Men
buy
here
when
S&
they
buy
for
themselves!
And
wise
women
thpv
hnv
Gifts
for
Men
!
This
K.
t,r.irQ
ovfol1pfi
niirsplves
in
trie
year
we
Jia
v,.v...v.
-
-
greatest
assortment
of
Christmas
Togs
for
Men
we
have
ever
shown.
We
cordially
invite
your
inspection.
A
'
deposit
willthold
any
article
Until
required.
r-r-
!
The
Men's
St",
WiPrg
Women
Like
to
Shop!
Gift
Suggestions
for
Him
Flannel
Robes
House
Jackets
Initial
'Kerchiefs
Mufflers
Suspender
Sets
,
Hosiery,
.
Linen
'Kerchiefs
Spats
Silk
Gowns
Dress
Shirts
Pajamas
Neckwear
Underwear
Hats
Caps
Knitted
ties
Scarves
Smoking
Jackets
Socks
Hickok
Belt-Sets
Sweaters
Dress
Jewelry
Slippers
.
Gloves
Shoes
LAMBIE
&
STONE
STYLE
QUALITY
SERVICE
I-
l'-t
I
t