W.jor pre Jrr, Bxkof C rar f n STATE TRIAL OF SAMUEL INSULL STARTING SOON UIICAOO. Jan. 10 Trial of Kn ,uri insull. former utilities mag- on charges of embewlement uiu! ronsplraey arising out of the roiupse- of hit huge financial enter-piiM'j, will commence shorUy In C"ic County court Inaull was re-f ntiy acquitted In federal court on Mnular charges. FLOTILLA OF ARMY PLANES TO ENGAGE IN WINTER FLYING WASHINGTON, D.C.. Jan. 10:-Eiuhteen United States Army military planet arc about to leave here fur Duluth where they will engage n cold weather manouevres. From Duluth. a mass flight to Great Falls. Montana. Is planned. Cook Stove Needed Surf Point Mine Operations Are Going Normally Operations are continuing nor-j. at the Surf Ptflnt mine by the .nin. interests and ore Is being '. steadily for milling and i .pment. The outlook It for unln- I r t .ptd operation. The mine u-i I .indent. R E Legg. U at pre-n a trip east ITIN SHOP HAS FIRE Premises of J. C. Steen on Eraser Street Vhiled by flames Tlili Morning A frame building on Grenvllle Jourt off Fraser Street owned by .he estate of the late Dan Llndeborg ind occupied by Steen's Sheet Metal Works was extensively damaged by fire which broke out about 10 o'clock this morning. So much damage was done that It will probably be considered Inadvisable to rebuild. Some of the stock and equipment of the tin shop may be salvageable. SHRINE CLUB Very Enjoyable Affair Held Last, Night In Masonic Temple With , I 120 Present The annual ball of thc Prince Rupert Shrine Club was held last nlRht In the Masonic Temple, the n t CM ! Malr attracting a gaUicrlng of TOr Large ranUlVi about 120 persons and proving most J enjoyable to all. The banquet hall 'of the Temple was attractively de Adjutant Lavcock of the Snlva- coratcd for the occasion with Shrine follgws: OFFICERS OF MOOSE W, B. McCallum Elected Head of Order For Year 1935 at .Meeting Last Night The local Moose Lodge last night elected officers for the year 1935 as Hon Army has another appeal to emblems and balloons. Dancing was Dictator "wkn to the people of Prince Ru-.ln progress from 0:30 p.m. to 1:30 lcrt A cookstove is nr-cded. There Is n.m. with excellent music by Char- a woman with a large family In the He Balagno's Orchestra and George clty and the husband ls'ln the hos- Frlzncll making a genial master of P'tal. The lady cooks all her own ceremonies. At midnight delicious tread as welt as other foods but. refreshments were served, unfortunately, the stove they have The commltlce In charge consls- wen using has gone to piece. ted of S. J. Jabour. J. S. Nelson and Simpson. W. B. McCallum. Vlf c-Dlctator James Taylor. rrelatc, O. B. Connelly. Treasurer, Ted Rorvlk. ' Trustees P. DeJong i three years), J. L. Blaln (one year) and Percy Cameron (continuing). , Delegate to Supreme Lodge, B. M. H anyone has an old cook stove. W. H. Shortrldge, Arthur Brooks- " to spare that Is good enough for bank, president of thc club, also Tonight's train, due from the !aklnR it would gladden the heart taking an active part In the affair, cast nt 10:15 p.m. was reported nd lWhten the load of a woman W. H. McCallum presided at the this morning to be thirty minutes who really needs 1U idoor. late: VICTORIA, B.C. - - - - r Today's Weathel Tomorrow's Tides mmln 1'ilncc Rupert-Overcast, calm;, .lometcr. wui; temperature. 36; High 5:57 ajn. 20.1 ft. , ,i smooth. 18:25 pjn. 17.1 ft Low . NORTHERN AND CENTRAL BRITISH COLUMBIA'S NEWSPAPER 12:19 pm. 6.4 ft. V.. J1XV No. 8. PRINCE RUPERT, B.C., THURSDAY, JANUARY 10, 1935 PRICK: FIVE CENT 8 ANK HEAD ADMITS CHANGES NEEDED BENNETT DISCUSSES FISCAL - MONETARY REFORM PLANS Royal Bank Head Is Heard In Discussion of Economic System Further Modifications in Capitalistic Structure May He I Required if Depression Evils to be Eradicated, Declares M. W. Wilson MONTREAL, Jan. 10: (CP The capitalistic system ten the result of a proves of evolution and, as such, v-ii-' een the subject of modifications from time to time to ri.cet changing conditions, declared M. W. Wilson, presi-di r.t of the Royal Bank of Canada, in addressing the an-r uu meeting of the shareholders here today. " 1 1 "I would be the but to susscst Expresses Views jthat further modifications may not be required and changes may be a ! nece wlty If we are to be rid of the evil of m)or depressions,' said IM; Wilson JEFrTcHop , of System Left to right Lr. a.a Eilswort a;i(l Bern. Ba-chen m:rep;d acna, exp.wer of Antarctic regions, shown stULying a map of the SouUi Po:e arc over wmca the ae puimm iu fiy short ly. The men are camped oi. 8no Hm i-iund. uear D-tepwon Kand. and a.e awaiting faror-able weather conditions to tak oil on a 2.3J0-mde non-stop night to the Bay of Whales. The Bay of Whales u the site of L:Uk- Amer.ca. Admiral Byre's southernmost base. Windle of Burns Lake Favored To Win C. C. F. Nomination Tho' Split Might Let Southerner In With the interior support split between A. E. Windle of Burns Lake and J. E. Panter of Smithers, the nominee of the Co-operative Commonwealth Federation in the federal election this year will probably be the man who is able to win the support of the Prince Rupert delegates at the nominating convention to be held in Prince Rupert tomorrow. The general expectation Is thata Windle, the up and coming young newspaperman, who has been cutting quite a swathe as a public speaker and student of economic affairs since his arrival in the dis trict, first at Vanderhoof a couple, of yerfrs ago and later moving to purns Lake, will win the third party 8 m,or"l"8ua 5011001 about nomlnaUon although It Is concelv- I1 bi?cknfh "me lnto thc flhthfltn !tniith.tui.nthPnnrth.'harbor- e threshing about of . . . .. . their his fins rauspri nnltp n rnm. . em men migm resuu in a com-i " . v " . ... . " " moUon n the water. They did not her of Song." Miss Elizabeth Cur promise upon the Vancouver asplr-! ant. J. S. Taylor. The strength of j uu': """" "ulcu WJ. " , . , AUn Cormack. Ocean Falls drafts-!" Pe" sea .Tney we probably I Wano duet. M 'Symphony v Mb. 1. man, seems an uncertain quantity. Three of the four candidates whom the provincial executive has ruled as eligible for the Skeena no- The shop books were locked up ln'mlnatlon were defeated candidates: the safe ( In the provincial election of 1933.! I Mr. Windle ran against A. M. Man-1 (son In Omlncca, Mr. Panter against iE. T. Kenney In Skeena and Mr. Taylor In Vancouver Centre. ANNUAL BALL' Afancormacituthe"darknorse" Twenty Blackfish . Seen in Harbor lauraciea in oy me presence oi uicuiik, vjpus a w uee- smaller fish In the harbor. Interest Growing Adjutant Lay cock An increasing Interest Is being taken in the meetings of the Universal Week of Prayer by the church which was conducted by Rev. Dr. F. W. Dafoe. Adjutant Eva Laycock gave an address on fellowship and based her Inspiring message on the words of Jesus In reference to the vine and the branches. Others taking part In the service were H. M Daggett, J. C. Ollker. Victor Houston, P. H. Unzey and Rev. C. D. Clarke. The service tonight will be held In the Salvation Army Citadel and Dr. Dafoe will give the address. thoven). Mrs. E. J. Smith and -Miss Margaret McCaffery. Vocal solo, "Lullaby." (Schubert). Mrs. J. H. McLeod. ! Vocal sclo. "fifrpnnrti" IRh,,. In P.r,-i,A. VVvftlr bet), Mrs- Emest Anderson. ID 1 layei IT ceK : Piano solo. "Menuet from L'Arle- jslenne," (Blzet-Oodowsky). Miss F. , Hicks. Lar;c Congregation at First Baptist Vocal S0,Q Echo Millar. Piano duet, "Allegro from Pastoral Symphony" iBeethovent. Mrs. E. J. To Be Rectified, Prime Minister Says in Talk Explains Bank of Canada and Its Objects Promises j Legislation to Protect Investors From Unscrupulous J Promoters Appeals For Support l " ! OTTAWA, Jan. 10 : Confining himself largely to fiscal and monetary questions, Prime Minister R. B. Bennett was on the air again last night in the fourth of a series of eight thirty-minute radio talks to the people of Canada. He discussed the new.Central Bank of Canada, its func-, tions and aims, describing the institution as "a powerful Instrument of social jusUce and hHt :ln correcung disabilities of the old? , system." ! The Prime Minister also spoke of the necessity for reform in the, structure of stock-selling companies and promised at the next j session of Parliament amending J legislation to the "Dominion Com-, panies' Act" which, "with the co- OperaUon of the citizens of Canada. ino PwAnvom A WlU 5Ump"6uVsomerofIthe present I UlC I rOgldnLiil abuseyind evUs-inrorporationsop-l Meeting of Music Club Wednesday jerating under Dominion authority ?nd give further protection to the, 'nvestlng public. His program of reform Mr. Ben nett described as "a determine rourse of action already begun The regular fortnightly meeting I nlcn ne sincerely believed wouid A the Ladies' Music Club was held yesterday afternoon at the home of Mrs, Ernest Anderson. Fifth Avenue West There was a splendid attendance of members with the president, Mrs. R. L. Mcintosh, In the chair. The program for the afternoon was In charge of Miss Elizabeth Currie who read a very interesting paper on "rTanz Schubert, the Father of Song." At the conclusion of the meeting, tea was served by the hostess. The miscellaneous program was as follows: Paper. "Franz Schubert, the Fa- "jring a new era of prosperity to people of this country. It was In .he .mention of his government to re-j olace elements of the old system! which had broken down and Dccomi" ! worn out or obsolete. This m'gnt be called radicalism by some but it was necessary if there was to be corporations which would take ad-. vantage oi me present situation to exploit the people for their own In- terests and promised that his" gov eminent would not tolerate the' continuation of such practices. In his peroration, the Prime Minister made a direct appeal for support at the polls, which was the only manner In which the people could express appreciation for what the government had already done and approval of its future line of policy. "I am no longer young," said Mr. Bennett "I have worked hard thess last four years. Indeed. I have worked hard all my life. I will- be Asks Support Premier R, B. Bennett conUnuity of reform. mp rf.JV.PH ..,., h.x..,., J been taken leading up to the forma tion of the bank. The country's development. Mr. Bennett explained, had been largely carried out through capital borrowed from abroad. When this flow of capital had ceased owing to the depression. It had become necessary to make an accounting. The Prime Minister referred to the monetary and financial sides of the Ottawa conference of 1932. the trade treaties of which, as was well known, had benefitted Canada sor ereatlv. rr One resolution adopted by the" conference and to which Canada thad subscribed had been in favor of lower rates of Interest and an i aounaance oi snort term monev; glad to take a holiday when the j FolIowlng a,Qng nine luiuco uuk i nave nuw ci uu. upon a program of reform which I dlan government had caused bank nn. i i i . j Somerset). Mrs. J. H. Carson. desire to see brought to fruition for " nUZn Vocal solos. -Love Song" Ken -the benefit of the people. It is fori 1' "If, a ?, w huC nedy-Frazer. and "Hebridean Sea ' that reason that I am asking for!?" the kJE, Dominion was saved J no . less Song." snn. Mrs. -. until William ...- ,,ouruppor. than $14,000,000 Der year in inter. Reform Capitalistic System j est charges. A policy of Issuing thott ntsAnlnn Xf Dnnnal vol for. I tftrm tpAnciiMi kill V. -1 I people of the city. Last night there Smith and Miss Margaret McCaf. ated a prevlous statement that the ted. Canada had re-entered Baptist Church and everyone en-! tered heartily into the service Gymnasium Here IS utlil AllVe ,3ecn a mrasure 01 recovery, iiuwcvct iiiuumpicitr as yci, aim iui- ' ther progress without reform was Service Cluhs Showin New Interest ! impossible. ' slum in Prince Rupert aopears to fl't for any of the government's be still quite a live Issue. The dcslr- achievements. ability of the project was recently ! Dealing with the subject of the ; brought up again by the Junior Bank of Canada, Mr. Bennett poln-Charles Graham. Inspector of Chamber of Commerce and the ser- ted to the great powers which had mines, left on last evening's train vice clubs are showing Signs of In been conferred upon thc institution for a trip to Telkwa on official du-,terestlng themselves In theiunder- -that It might be of public service. tles- Jtaklng again: ' '"Vj He then traced the steps which had to. the jtlme had now come for reform of, British money market and its se-Ithe capitalistic system. On account ' curltles had met with a gratifying ! of the depression and the necessity reception there. I for emergency measures, this had ! so far not been possible. Now there A greater abundance of cheapH credit, particularly for the farmers, Continued on Page 2 WEATHER REPORT In Undertaking After Revival 1 He did not seek to escape respon- , .. ly Junior Chamber sibillty. Mr. Bennett said, for what Dead Point Overcast calm- ,the government had not done. Nor barometer. 29.98; temperature, 3sj The establishment of a gymntt- was It his desire to seek undue ere- sea sm0oth. Triple Island Part cloudy, light northwest wind, slight swell. Terrace Cloudy, calm, 26. Anyox Part cloudy calm. 32. Stewart Part cloudyi calm, 29. Hazejton Cloudy, calm, 6, .., Smithers Cloudy, calnvooI4. Burns Lake Dull, calm, zero.