THREE OAJLY. ETHTIQN. i Indian mown 'Agent Agem jamca n un, 11tl i cannerg which n Bell ella Coola Coola an arrived toto" nn the Catala last evening, being Bella Coola- by W:iV ftfT.' WINNERS jsalmon price negotiations with tN and the Lakes Dim., net In Foot Health Giving Shoes Archgrip Brown and black, beautiful designed. street CJQ AA, dress oxfords. Internationally famous Jr .'" vf Perths Plio Pedic Brown, black and blue street dress oxfords Q hj AA with double arch control. Shoes of quality .... tjl i V Gracias Orthopedic oxfords in black and brown with Q A Tarsal ease pads. A real comfort giver - tj) 9 V J Runners. o All Styles, at Lowest Prices Family shoe store ltD The Home of Good Shoes. THE DAILY NEWS. PRINCE RUPERT BRITISH COLUMBIA. Published, Every Afternoon, Except Sunday, by Prince Rupert; Dally, News. Limited. Third Avtnue H. F. PULLEN - - - Managing-Editor SUBSCRIPTION KATES CUy.-dellyery, by, carrier, yearly, period, paid In advar.ee. .Paldihi advance, per-week ; Paid In advance, per month By,-mall to all parts of British, Columbia, the British Empire and united . states, yearly, period, paid in advance By, maUi to all others countries, per year ADVERTISING RATES Classified advertising, per word, per insertion Vocal, readers, per line, per. Insertion News Department Telepnocs . Advertising and Cn dilation Telephone Member ol Audit Bureau ol Circulations. 1 HEATING. THE AIR 8tt 9 $5.G0 .12 .50 3.00 9.00 .02 .25 Monday, June 13, 1937. PAN HANDLING IN TOWN . Pan handlers have hit Prince Rupert again, Quite a t few strangers are to be seen in town these days. The most of them are young unemployed men who have drifted in.. Ask. them who they are and thev come,trom:the prairieg expecting to get work." They are apparently, of the same type who have occupied! the-Post Off ice- lobby in Vancouver and are still encamped there Of: course, these men can be jailed when thev are caught panhandling but that does not htfln th ifiiati much,, Undoubtedly, that is iust what free board at the expense of the community. The presence of these men in Prince Rupert draws direct attention to a situation which, it must be admitted is not being handled satisfactorily. It is not fair that, they shpuld.be foisted on to. Prince Rupert or any other municipalityeither as a direct charge or indirectly by panhandling the citizens for the wherewithal to provide their subsistance. Nor are they fairly a provincial resoonsi-biJity. It is clearly for the Dominion tfl dft snmpfhinrr rt Relieve British Columbia of a situation which: is ranidly becoming acute. The people are waiting for-Ottawa to iaKe action which is already considerably overdue. I The-Leader of; the Opposition, Mr. Bennett, would do better, than spending so much of the time of Parliament making. more or less ill-founded charges of political I YANKS BEAT YAGHT RACES BOOTH WON cor- ruption against the Liberals, Premier Mackenzie King would probably have done better to ignore the charges instead of answering them, thus also contributing to the waste of time in futile discussion. Mr. Bennett was; apparently, actuated, at this time by the Saskatchewan general election, with which, after all, the Ottawa Liberals Ijrobably had little to do. . Everyone knows that,, in the height of an election campaign, unconsidered statements andi threats, are made. Members of all parties do it on the spur of the moment-even, the idealistic purists of the third parties. We can .remember of threats being delivered, to us ol what the third party folks would do to us if they ever got in power. Why Mr. Bennett should take such things so seriously seems hard to understand. In this particular case, we can understand, w.here Mr. King's patience was tried by Mr. Bennett's continued harping. What we would like to see is our public men really doing something to clean up a situation abput which they complain with charges, and: counter-charges, against each other but seldom, with any kind of constructive proposals. As long as, they have nothing, definite in mih(h about rectifying it, they might as well save the time, of the people and the- country and refrain from mere beating- of. the air for political effect. CLEVELAND INTERESTING! OVERHIGH! New Yorkers Cut Indians' Margin Saracen, of Prince Rupert ins In Of Leadership, To. One Game i CIomv Finish Over Venture ' And, a. Halt Of Vancouver NEW- YORK. June 13: (CP) The third, annual, model; yacht New. York. Yankees won. over the race for, the. Prince George. Cup; Detroit, 7; Washington, 2. St. Louis, 4; Philadelphia,' 5. SUNDAY SCORES American League. Chicago, 2-4; Boston, 3-3. ( St Louis, 3-0; Philadelphia, 8-1. Cleveland, 6; New York, 7. Detroit, 18; Washington, 12. National. League Boston, 64; Cincinnati, 5-7. Philadelphia, 5; Pittsburg, 1J. Brooklyn, 3-6; Chicago, 9-0, New; York, 8-1; St. Louis, 5-4. ...29 27 Detroit 25 Philadelphia 21 Chicago 18 St. Louis 15 L 17 20 21 22 21 26 28 30 18 19 21. 25. 24 26 25 30 Ralph Guldahl Golfc Champion Retains United Slates Open Title By Defeating Dick Metz In i Final at Denver i DENVER Colo., June 13: Ralph Guldahl; the defending champion came through again Saturday to win the- national open golf cham-Dionshio with a total score of 284 been playing sensational golf cracked up to take fiy.e over, pai for the- final round, m m mi gave great help. Chief Petty Offl cer Instructor Bird was in charse of signals and also gave much, as- J sisiance. m many otner respects, iment and survival; of the British D ..Lll'Ct--. J! 1 Empire depended largely on ships DdbeUdll OldllUIIlHJ) and the builders of model yachts Including Yesterday's Scores National League W New York 31 Chicago 30 Pittsburg 24 Cincinnati 25 Boston 22 St. Louis 20 Brooklyn 21 Philadelphia 12 American League Cleveland New York Boston Washington had contributed much to the ad .therefore of. the Empire. pcti The local committee was, to be C4g congratulated on thq success of .600 tne tnlrd race- T"1 cup presented 533 jby the officers and the crew of SVi tne Prince George had, provided .512 ,a Ilne incentive and to these men (great credit was due. Another 49 pleasing feature was the entry of .286. two boats from Vancouyer the Saucy Lass, owned by Chief En-.617 . 8'neer David Todd of the Prince ;5g7.John. and the Venture, owned by '553 (Arthur Pratt of the- Vancouvri 53 . Model Yacht Club. Such friendly .OIU .447 .419 .333 competition was very commend Score of 4 to 2 in Junior Football Saturday Afternoon. The delightful uncertainty of football was. once again demonr strated Saturday, when, in. the. reg- Cleveland Indians again yesterday, was; run off yesterday afternoons uiar junior Football League fixture, The- Indians' margin over the. In, prince Rupert harbor and re- j Booth Memorial School won from Yanks for first place in the league -suited in. a very narrow win for! King Edward High School (first standing, has, as a result, been re- A. J. Croxfordls. entry, Saracen, ; yenr) by four goals- to. two, True , ... . ...... . i .I 1 .1 n Ul rrl. f n T r Ant..,, UAntnra uuecu iu uiic guiiic uiiu a iiau, me. fwuit i v.am:oueir cnj, .Siivu..--, nigh School u?am played a man third, place Boston Red SOx divided, owned by Arthur Pratt of that city.; bu the. Booth, team was. full honors in a double-deader yester- The wind was variable, a strong i vajne, for Victory day with the Chicago White Sox. breeze gave promise of a fast raccj The same teams will m?et to-Detroit Tigers won their third' but the wind dropped for a time . bt a poStponed fjxture. .,...... o ,......,.(,. "-.. High School, treated the. game ? ' . . . t Xi T-' 5 . . r ' r r- somewhat lightly but Booth play ii, iii.,mai .(.m- iw ... . ers were keen an(j persistent and 6"" "uw ku'"b '&! '-j. """" colussl 01USSI onened VQ the me SCOre. score O U Kcavs. tveays. Nu Vnrk ninnts frnm th run- thp finishing linp .(.he VpnbirP wns. another Booth attack headed ni- nM r.,H, nh r,nihiv ni,nH n,,H in-rf n w n,oT,t. n,,Ko mmiL R,nH.c . .ha nhn,,, the ball back to Nelson in goal who imer with the St. Louis Cardinals ston, skipper of. the Venture, found J00 we"1 WJ- UP and the latter with the Brnoklvn he had to trim his boat and. before1 Hln attacked and Schubert re- SATURDAY'S SCORES National. League. Boston, 0; Cincinnati, 3. Philadelnhia. 3; Pittsburg, 4. 'individuals who had donated prises or assisted with their services. The. Prince Rupert Boys Band, under Bandmaster Robert Green- New York, 2; St. Louis, 2 (called field, played at Pie wharf during in, eighth, rain). !the race- and the playing was tre Brooklyn - Chicago, postponed, subject of much favorable corn-rain, jment from passengers on the 1 American League 'Prince Robert as well as the citi- Cleveland-New York, postponed, jzen. rain. , The provincial police department ' Chicago-Boston, postponed, rain and the Armour Salvage Company Mia' duccd the. "lead, Holkestad and !went into third place by defeating Saracen had won, It was a. re-,'1?" comDinea niceiy ana weison, the Phillies, the Pirates' margin markably, close finish. The Tall?- m -'"b - -ieur, "ye me oui over the fourth place Cincinnati man, last year's winner and owned . against Simundsen off when it re-Reds being only mathematical, by A. J. Croxford, was third. bounded through, the goaj. Again iThe Reds snlit a double-header The presentation of prizes was Booth attacked and Pierce crossed with the Boston Bees who are now made by Mrs. J. R. Elfert. In an- a, fine shot into the far corner, of j in, fifth, place. nouncing the results. J. S. Wilson goal to make the score four to,one i Week-end Big League scores extended the thanks of the com- for Booth. were as follows: mlttee to the various firms andi With the wind and the sun in its favor, High School prepared to level the score but found few opportunities to test Zbura. Gomez, McKeown. Leland and Strand were very hard to get past. A fine long shot from Cameron at the corner of the crossbar and upright was the only, score High School: could, get. Baker, had. a couple of chances, for Booth but Wilson saved. High had the balance of play. although.Booth made several attacks; No, further goals were scored. Ji W. Mouat. referecd, Teamsj I High School Nelson: O. Keays. Mr. Wilson referred to the tre- iMcCrlmmon; J. McLean. Wilson; mendous strides boat building hid made from the, first time pre historic man, had crossed a stream on a log. The graceful models: with their beautiful lines and skillful construction, were- a picture, that appealed to all who had an, eyc for beauty. The develop- able and desirable and contributed . 11 1 FVJ to the. "brotherhood of; the se:i,r ,i00Kl6 UlQ; It Prizes Presented l Mr. Wilson, called, upon Mrs. J ( Johnny Vander Meer Allowed, Only u. JMieri wnp men, presenvea, ins 5 Three Men to First Base on prizes as follows: : First, Saracen (Bermuda sloop A. J. Croxford, witlt, W. L. Sandi-' 'eon as skipper, Prince George Cup halfton coal, presented' by Messrs. Albert, and McCaf fpry and; Messrs. Philpott Evltt and Co. J Second, Venture (sloop), Arthui Pratt andi skipperedf by. S; Kingston, ham, presented by P Burn.s Ltd, Third, Talisman (sloop), A. J Croxford, A hat; presented, by Messrs. Fraser and Payne. A 1 tAOl. I UIIU tjHMt S,"S 'SS-S! 'S1- Short board prlza for fastest n n on first, leg. went, to the; Jeep, owi): er D. Todd- and skippered by, ,M, M, LamW Prize, Capitol Theatre tickets, presented by D, Bfirlandj manager. A beautiful bouquetr was thtn presented to Mrs. lfert by, little Joan Croxford, The greatest burden of- work; both in the preparation and supervision of the competition, fell on Captain J, R. Elfert and. a very pleasing feature wasUie presentation, to the cental, captain, of, a j handsome cigarettp .case, by, A. J, (Croxford 011 behalf, of lh model yacht owners, In reply,, Captain EJfert thanked; all, who. had-helped and hoped trjatVqrj. CVftn, greatqi Schubert, Bill. Cameron. Postulo, L. Keays. Booth Memorial Zbura; Mc Keown, Gomez; Baker. Strand, Hodgson; M, Holkestad, Pierce, Simundsen, Colussi, Sunberg, Inland. High School defence found, the Booth rorwards hard to hold. Mc-Crlmmon was the best back. McLean was good. Schubert , and: Cameron were the pick of the forwards. For Booth Zbura was very good rand McKeown and; Gomez, played well, Strand and Leland, were the! best halves, Sunberg was. good. Simundsen was the pick of, the forwards with Holkestad; and Baker good. The League standing: t W D L P (High, 5 1 1 30 Borden 3 1, 3, 12 Booth 1 0 S 12 How Cincinnati j( Walks A Pts 13. 9 22 19 CINCINNATI, June 13.-In pitch ing his no-hit. no-run game on Sat urday. against Boston Bees to enter baseball's, Hall of Fame, 22-year-iold Johnny Vander Meer faced 28 jbatters of whom only three got to 'fjrst on, walks, It was the. first jiime since 1934 that, a, no-hit no-run ?ame had been pitched In the National League. PACIPip COAST, LEA OIJ K Portland, 3; Sai) FrAncisco, 1, Seattle, 3; Los Angeles. 12, Oakland, 2; San Diego, 7. suit and a, club be -fully, organized Officials of the race were: , 1 Starter, J; s. Wilson. Judges staff Sergeant a. 1 Greenwood and C. G. Minns. Course Supervisor Captain' Wi P' Armour, Umplre-Dr, L, W. Kergln, Alex McRno and Orme Stuart (qu tht Aledor) and O. A. Bryant Jarvls McLeod, Walter. Hume (on the Harla). Signals, C, P, O. Instructor. Bird Assistant, Fred Godwin, General chalrmnn. r-int. t t interest in model yachtrvon1oT"r6-;"Elfeft. ' DON'T OVER-RATE YOUR BANKER He cannot perform Miracles There, would. le. more banks than" grocery stores all ov Canada if, bank roultl; jierfonn lliq miracle of "creating" the means of, payment out of nothing. It is eaiy to ronfuw tlicar two thing: (a) . The biwiness of comtnerrial banking, and (b) Control of a nation V monetary system. Commercial banking has to do with the safe-keeping and lending of money anil, t-redit Control of a monetary syflem is a matter of national, ovrrnment&l. policy. CbartereJ, banks finance jirodiiction and ronimrrre. Monetary, policy, in any country is a niattrr for tie national: government itsrll, either directly, or througlj a central bank. The- Dominion, Parliament, established Canada's central bank in 1934 the Hank of Canada. Its purKt was lf. dared; byj Parliament in the very first jmragraph of the Act of Incorporation, as folUms: To rrLulatr cmlit anil currrnry tn ill" fit InterrHt of ttu rconamic life of the nilioi, i rtmlrul ami protect tin external value uf the natlanal monetary unit and to mitt' by 111 Influence fluctuation tn the ftenrral Jate evel oj. prtxluctum, trade, price and employment to far at may ite pttmihle utthin the ncoite of monetary actum, miul federally to promote the, -iiotii: in Jinunaal urljare oft the. Dominion," It is for governments alone to determine a nation's monetary jHilicy. Differing condition of debt and trade may make hat is y for one country unwise for another. Printing "tickets'' as currency has been called in some actions entirely out of step with production, would make everything you buy cost )oti niore. A Canadian ouunIi in in Germany during that country inflation, in 1923 had to pay. 65,000,000 marks for an overcoat, and later 1,000,000,-000 marks for a postage stamp! The. business of commercial banking is something to be con-ndered, by. itKlf, apart from central banking, A commercial bank takes dr-jMhits. There are-1 mo, kinds of them. For convenience,, call theni'sa.vinga" and "current". Say you are a workman, or a fanner. After you've paid your lining costs out of your wage, or out of the proceeds of your crop, you have- some dollars left over.! Hecauso- you do not want to spend them at once you depoeit tlietn in a savings ac count. That is a. savings lrHit, As distinguished from this is the "current" account. Say you are a. merchant. You havn r.-jienses to meet day by day and therefore always carry a balance in an account against which, you issue cheques fur your business needs. J Miai hat is 10 a a iiinii current ail. account. 1 in in current account. Immediate!: your balance goes up to $1,100 31,000 of it Wing Jrriv4 directly fro 1 14 a loam It is unlike a savings drpotit. in this rrsKTt: You intend U kk-iiiI it at once. You imin diatelv isue hciiurs ajaindit. Yihi Itorrowed tlie money. It business purpo-cs, prrnarrd tq jmy interest lMrain tin tran action was a profitable one ti jdu. Soon most of the tlwuMnJ has been paid out. Tor most of the reft of tU term of the loan our drptit a, at its lowest. Then, More Jir note is due, )ou gather monry to repay. I p goes your drjxsit to its jteak again. .Then you repay. YourdrpW abruptly drops hack toMj jout original $100- plus the p&t you have made, by tlx uJ the borrowed money. . No matter whether banHi Msits are savings or curm your bank must keep on baai cah reserves a4lepiate to d4 any demands from day todat W hen its loans are incrrai not only is more ca.li paid sit-J as was the case with vour J1.0J loan; but your hank's caA reserve also liecome lo proportion to total deposit. A bank must not unduly expand its lending otx-ratj"". then its cash will fall Mow tit jirnportion which erifnM shown to l necessary to. w the. davto-day demands of t .M liositors. - llus - very Jaci - "T . . It us say you hae J100 ii ' an automatic t i clieck ieu that account and you need $1,000 to meet some hills. You borrow it from the bank. Y011 give- the manager your note and he places $1,000 to your credit as a drponit in jour excessive lenuine. Your bank cannot know.fo when you will walk in tow ,1raw vnnr denosit- but it? j: be ready to ay you, in cash, when you do turn fuH'a THE CHARTERED BANKS OF CANADA Your local hranch hank manager trill he glad to talk '-"J' tWth you. IU will La glatl to antuer your que$tion$ Jron r HanJpolnt of hi oun experience. 77m next arttcU W w ivrie tcill uiM'ur In thli neunpaper. Watch for It. e. e. m. Bicycles promise your, hoy one for passing, his examinations and watch,hiin,(lig inlo.his studies! A,, real reward, and one well worth working for. Several. Models to. Choose From At GORDON'S HARDWARE mora 311 ..nt nr. a m