n 9rlncc Rupert Daflp J3rto0 LtD. Friday, July 23, 1948 t No more special irlps -Tor peri$m. Derlin s I 1 WL 1 T An Independent dally newspaper devoted to the upbuilding of Prince Rupert nd all communities comprising northern and central British Columbia (Authorized as Second Class Mall. Post Office Department, Ottawa) Published every afternoon except Sunday by Prince Rupert Dally News Ltd., 3rd Avenue, Prince Rupert. British Columbia, O. A. HUNTER, Managing Editor. H. O. PERRY. Managing Director. MEMBER OP CANADIAN PRESS AUDIT BUREAU OP CIRCULATIONS CANADIAN DAILY NEWSPAPER ASSOCIATION Currency BERTIN. '(P The philosophy that fundamentally everyone wants the same things comfort, security, prestige and affectionis supported even "In this city of rubble and confusion that was once the heart of SUBSCRIPTION RATES City Carrier, per week. 15c: Per Month, 5c: Per Year, S7.00; By Mail, Per Month, 40c; Per Year, 4 00. 0 OR'.. .,.! .1 t Economic Realities Now . "hasty baking" down", for yeast! New Fleijchmann', ns --? m. ' J v 1 n it in -', Mb r El r . : t w r h "TT 0 I iL7: a Use exactly like fresh yea ?n , d ' acting -give, grandest h.king at home order a monih'j supply of I mann's Fast Rising Dry Yea from Once you try it-you'll always ust j,r' For instance, give candies to a waiter. He'll probably tell you he could sell them for a goodj price on the black market but wants them for his children... Give your taxi driver a cigarette that may be worth two or three dollars, according to the state of the panicky market. More often than not, with a grunt of satisfaction, he smokes it. I gave a bag of candies to a man on the elevator at Hotel Am Zoq, home of transient quantities of fruit ancj vge-i BUSINESS AND PROFESS! The first line on what chart?" MARGARET McLEOD OPTOMETRIST FOR ROCK AND tables to secure them. ' In stores, dealers would rather sell goods for ctgarets and candies than for marks. The day Allies announced a new currency for Western Germany, dealers refused to sell for marks and thousands of Berliners were turned away empty-handed. "Money has gone crairy in Germany, said a middle-aged Berlin banker. 'Only a sane CALL;, Reminiscences By w.J. d Reflections In New Offices' ROOM 10 STONE BUILDINQ M. J. Si New, Mode All Work PIANO I Tuning, Voir: :.. -i ,1 til u.. New Phone BLUE 593 In future, there will be a lowor rank than "Private" in the Army. It will be known as "Recruit." Having memories of j chastisement, administered by a i sanity mm uieie vwu nt-vrr u' a sane government while our city is administered by Tour different powers." MIKE f Phonp p actual cash is kept to the rrun,-imum. Often, a speaker Is vited to dinner, or stay.? few days in somebody's home. . Some-thins; like the old days when the roving minister wqul be asked in for the week-end, or, longer. Usually, the eats would have the average cafe "or hotel bacUy beaten. And everybody wottlil be so perfectly, wonderfully we!! behaved ' "'. 972 1. DR. P. J. CHENEY DENTIST SUITE 5. SMITH BLOCK Phone 765 P.O. Box 1401 hard-boiled, tobacco chewing drill sergeant, we hasten to sav that at such a time it was impossible, being a private, to sink any lower, or to feel any cheaper. newspapermen In Berlin. He ! said he could -sell them for a good price, but I later found he ! had given them to the recep-! tiunist for her small daughter. "One gift makes another," said the receptionist. "My daughter will share the sweets with her friends. She is always giving." I A chambermaid described how she would use 20 clgaretes given her in payment for washing a reporter's shirts. . Four to smoke; six to exchange for three loaves of bread, giving her family two extra slices of bread daily for two weeks; three for a new hair- do; five for a new hat for mother; two for her sister. "I have a gold mine," she laughed. i Futile to Save With each new currency crisis the value of the mark has changed. So the German treats currency as a farce. "What use are marks in your pocket? asked a smoke-grimed factory hand who works in the American sector of Berlin, but lives in the British. "Better to have things you can enjoy and share with your family and friends. I never save. It is futile to save." ; Two factors contribute to the high value of cigarets and candies: 1. They are bought freely by wealthy racketers frequenting the more xepenslve night clubs ' 2. German farmers pay large HE; BEAl"n Perma.-s Beautj all lb 204 4th Street JOHN F. L. HUGHES Chiropractor 21-22 BESNEB BLOCK r.0 Box 894 Phone Blue 442 AIR PASSENGERS From Vancouver P. Michal-czuk, R. Gdstonguay. H. Chambers, M. Malklnson, N. Mackenzie, Mr. and Mrs. A. Ferguson, L. Veigle, Mrs. M. Bowden, Capt. Gordon, W. Flnlayson and J. Sheddon. From Sandspit Mr. Philli, Mr. Russell, Mr. Hodgkins and W. Couper. For Vancouver Mr. and Mrs. A. E. Cembella, Ed. Barrusclale, Mr. McAllister, Mr. C. Jacob.-., Miss B.'Seldon, C. Heppner and Mi. A. Bunn. The general understanding in Canada that no man over forty years of age need expect to find employment appears to be subject to revision. Quite a number of well known citizens, mentioned as possible successors to HAM Jean Waeker, who first saw ' Kaien Island In' 1905 Jias been revisiting Prince 'Rupert.., After j the lapse of 43 years, he 'find: plenty to see. He was here so i early, that the G T P. had found it necessary to take steps against . the attitude of Metlakatla nat-Ives who protested the railway i claim of exclusive use "of the island. The Indians had defied Mr. Mackenzie King and Mr. HOME GEORGE L. RORIE Public Accountant, Auditor, etc. Income Tax Returns Compiled Besner Block Phone 381 Bracken are known to be even more than fifty. GENERAL C Building andP.- Roofs, Chimnf) Social Credit campaigners in Quebec, where the political pot is bubbling musically just new, are said to have no war chest. Supporters all chip in a bit here, a little there and generally speaking, the spending of WAR ON DANDELIONS EDMONTON, f .The city parks department has begun a campaign to rid Edmonton's parks of dandelions. A mobile spraying unit Is employed. Toonerville Skipper Dies MOUNT VERNON, N.Y. Edward C. Glaser, 72, the original "skipper" of the Toonerville Trolley, Is dead. the government. The next to defy the railway was John Houston, and he succeeded in in?.k'ng it sti( k. He had a grievunce, bvt this was a horse of another color-. ' ;v . PHCf Oree u BRITISH LABOR is learning in the hard school of experience. Sir Stafford Cripps is a good teacher. "We would l'C courting a dinnster," he said recently, "if we pursued the will-o-the-wisp of increased personal incomes when we have not got and could not get the goods to match the incomes." "We must," he went on to say, "exercise the restraint of a democrat unless we are to be forced into methods of totalitarian control." "There was," he continued, "no case whatever for any further general increase of personal income though there might be cases where wages needed to be raised for some special reason." There is now a stern hand at the controls. Sir Stafford Cripps was the first of the labor statesmen to face the facts. For years labor has been told that wages could be raised substantially. The funds were to be taken from profits. Now' a new and more powerful light is being brought to bear on the scene the light of experience. The Manchester Guardian Weekly had this to say in a recent issue: "The main obstacle to tie overcome which, unfortunately, the Whlte'Paper ignores Is the belief that profits are excessive and can be squeezed In order to give wage Increases without raising prices." It goes on to add: "Dividends are quite decpetive; In most companies profits are a very smaii proportion of the turnover. They cannot be taxed much more severely without causing very real hardship to many people and seriously weakening the incentive on which much of our economic effort depends." And the Labor Government in England has at last been compelled to recognize the truth. The recent issue of "The Economist" states the case in these words: "They, (the members of the Labor Government) will have much educational work to do, both on themselves and their followers, they will have to show what the alternatives are: a mere increase in money Incomes which secures only a passing improvement in real wages at the expense of other members of the community, or a further Impetus to rising costs, stagnation in exports, threatened unem-ploymen and a thriving black market." ; This, of course, is only a brief reference to the process going on in the ranks of labor throughout the length and breadth of England. What has brought it about? The force of circumstances, ".' There is no other answer. A government came into , power in England with promises more lavish than Major Douglas proffered to Alberta, perhaps as our Socialists now proffer to the voters of Canada. They thought that capital was an almost endless' source of supply for higher standards of living for the workers. They thought to combine higher earnings, shorter hours with higher standards of living. Unfortunately or perhaps fortunately they began to realize that wages and salaries are a means of distribution of goods and that production must precede distribution. The facts are being driven home with telling ..force. In the absence of increased production, prices rise. With the increase in prices comes the reduction in real wages. The worker has more money but it will buy less goods. The laws of economics are stern and implacable. We reap what we have sown. In the new Nirvana, if it ever comes, labor will cease to fear. It will know that, with increased production, comes prosperity for labor" in England and a prosperous world, on which after all England's prosperity depends. KEEPING CREDIT GOOD TO KEEP one's credit above reproach is a good thing for a nation, a country or an individual, and Canada, according to the Minister of Finance, may be said to enjoy this distinction. Numerous Canadians, when they read the recent budget, neglected to lavish much praise which was natural enough. When there is a great surplus, relief frm soaring faxes is expected. However, the Minister knew his own mind, and proposed to do as he considered best, no matter who might feel disposed to argue the point. So that was that. .. Announcement is made that the government has borrowed $150,000,000 from three United States insurance companies, on 15 year bonds, paying three per cent and taken at par. Most of the loan will be used to retire advances to Canada from a bank in Washington. The transaction, despite all the criticism, this crisis and that crisis, war rumors, confusion and . spreading of mischievous half-truths, harmful propaganda, illustrates the cardinal and funda-mental fact that in Canada there is stability, and that her credit is sound. QrAi.m THE LAST WORD Itl RIDING COMFORT. . . For DoanfJWi Serrinr tlie Fisheries Industr- Wells (P.R.) Ltd. j Cartace, Labelling, Weighing' BLLE 189 BLl'E 980 MAC Box V,i Silvertown by B.F. Goodrich S) Ormes D PRESCRIPTION CHEMiSl You'll have. te. unioollicst. snfi'st, most lnirioii ride you've ever liad . . . rusliionrd afiuinnt tin s-hock of niiminj; over humps, nils, Moric? anil other objects. These bifi. buoyant, billowy tire smntlwr roail chock instead of traiiMiiitlin it to the car anil to you because, they run on only 24 lbs. air pressure ! BUT THAT'S ONLY HALF THE STORY! A 33c stronger lire boily fiivrs you extra blowout protection longer tire life. 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