RECORD SURFLl'S prince Uupcrt TODAY AND THUR Wednesday, May 19, 1948 . Continued from Page 1) mil SHIPS AND . WATERFRONT PRICES FOR THI- MATINEE t P.M. . EVEo CHILDREN 35, ADULTS 50 ADULTS LODGES I01)(.R t f); AUAM AIR PASSENGERS To Vancouver L. M. Felsen-thal, J. A. Barber, A. J. Mahon, W. Sands'trom, D. F. Kidd, R. H Joyce. From Vancouver (Tuesday) W. Rolls, D. Allardyce, Co'l. Keith Dixon, Dr. J. L. MacDougall, C. Ledelton, L. Leeson, F. Whitehead, J. Walker, D. Johnston. From Sandspit: M. A. Lasser. TRAP 275-POUND BEAR LUNENBURG, N.S., CP) Two black bears, one weighing 275 pounds, the other 125 pounds, were trapped near here. Both were shot when found in the traps. Found in another trap was a paw of a size indicating a bear larger than either of those killed had escaped. of YOUR FIRST CHOICE ing for more money this season. They want 18 cents a pound for sockeye; 16 for cohoe; 10 for pinks; 11 for chums. These prices ' are for all the fishing areas. The canners are prepared to pay 16c, 12c, iVzC. 5Vic, depending on area. Last year the fishermen were getting 15 cents for sockeye. The American vessel President Grant is nearing a California port all the way from Siam. She is a twentieth century Noah's Ark for her cargo includes seven elephants, a hundred cobras (ome of the serpents large), six bears, 200 monkeys, 20 apes, fifteen boa constrictors, four Siamese golden cats, and 2,000 birds, many of brilliant plumage. Newly returned from a visit to Scotland, Capt. O. J. Williams manager of the Canadian Pacific Coastwise service reports that the new steamer goto Mines Disposed Of Salmon Fishermen Asking More-Heavy Halibut Landings A couple of drifting Japanese mines were recently sunk in different locations in the entrance . to Queen Charlotte Strait' area. They were destroyed, within six hours of one another, by the naval tug Heather-ton, based at Esquimau. The mines drifted coastward with eastward curfents. The salmon fishermen are ask- a oslh i H SHOWlVi I ffl EACH EVENING j from sources other than revenue, mainly repayments of debts and amounts received in annuity and pension funds. Largest item of this nature was repayment by the foreign exchange control board of $220,-000,000 of advances formerly made by the government to enable it to acquire exchange reserves, and which are repaid with the Canadian dollars obtained when these reserves are liquidated. Part of the cash surplus was used to loan $499,000,000 to the United Kingdom and other coun-1 tries for purchases in Canada. Mr. Abbott said that, by and large, the taxation and expenditure aspects of budget policy have been "primarily directed to countering the inflationary pressures threatening Canada in recent years." He said he does not believe any reasonable increase in interest rates would do much to combat inflation. Analyzing the 1947-48 revenues and expenditures, Mr. Abbott said receipts had turned out to THE VIND ! k nwicun sum CUM BIBLE . VIVIEN LOU LESLIE I0WUI OLIVIA faKAYlLUXD cast. On kho other hand, serious difficulties in our export markets, poor crops, prolonged stoppages of production or an abrupt decline in capital expenditures of Canadian business might reduce incomes and our tax base and make our estimates appear too optimistic. Referring to Canada's United States dollar position, Mr. Abbott said the reserves totalled $607,000,000 at March 31 and $668,000,000 at April 30, by which time $130,000,000 had been drawn from the $300,- 000,000 loan obtained from the United States export-import bank. "Our cash reserves must still be increased substantially before we can regard our exchange position as satisfactory," he said. "We can neither be too hasty In relaxing the irritating controls we have had to impose nor too optimistic in appraising our capacity to give further assistance to world recovery." The import controls were necessary to protect the country's economy as far as other , controls were concerned the practice of the government has been to return to a free price system. "Neither this government nor this Parliament has either th political mandate or the constitutional power to maintain Indefinitely in peacetime a strait-jacket of controls over prices, production and distribution. '"Our whole economy has been organized to operate on a price basis by private incentives and private initiatives, not by centralized direction." P VK ill You saw U In the News! t M HIM MUtriPICCE HlUSl i Princess Marguerite will ' be launched at the Fairfields yard - NE" y $6.50 ft ill ilow to give QUICK RES1 to tired eyes MAKE THIS SIMPLE TEST TODAY CltlkN UV PAINT U9 BCAtriry on the Clyde May 26. Later in the summer her sister ship, the Princess Patricia will be launched. Both vesela wlil be for the Vancouver-Victoria Seattle Your City "-- - WMtJM " triangle service, turbo-electric SEE US FOR YOUR powered and with speed of 23 be much higher than anticipated. Prices, wages, profits and knots. , j ELECTRICAL Well dressed men everywhere choose ADAM HATS for quality, style and value . . genuine fur felts hand -crafted of genuine Imported fur, In a rich assortment of Spring colors and exclusive styles. ADAM HATS Sold in Rupert by RUPERT MENS & BOYS STORE expenditures all were substan-j tially higher than was estimated For the firss time in nine YIS TIRED? Soothe and refresh them in seconds with two drops of safe, gentle Murine in each eye. You gel QUICK RELIEF. Instantly your eyes feel refreshed Murine's skiiful blend of 7 in tyears. Federal fisheries of ficers will have full time Bri ffHONiMMirTftAM KEQUIUKMKNTS RUPERT RADIO & ELFCTRic PHONE 644 313 THIRD AVENUE WES" BOX 1JJ1 Itish Columbia patrol service of gredients CJeanSeS nnH RnthftQ ayjry tl . YOUR BEST EATING PLACE FULL-COURSE MEALS 11 a.m. to 8 p.m. BANQUET HALL FOR LUNCHEONS, DINNERS AND PARTIES CHINESE DISHES BROADWAY CAFE 608 3rd Ave. W. Phone 200 are tired from overwork or exposure to sun, wind and dust. when the budget was brought down a year ago. "As a consequence our revenues from the sales tax, the personal income tax, and the taxes on corporate profits were all substantially higher than we pre-war strength. There will be two planes with a third in reserve. The planes must have sufficient seating space to take care of fishing inspectors. It MURINE FOR YOUR EYES a ana bbi I IIMUkl? nONNACOXA, MAS0NITE had counted on in the budget. The same was true of customs LUIUUL.ll I'LYWOOD SASH will be necessary , to have coast bases with oil caches. In the first twelve days of the Available at DICTATOR ABDICATED One' of the first cases of a leader abdicating his position was that of the Roman dictator Cincinnatus, in 438 B.C. The Popular season, a total of 8.400.000 pounds of halibut from Area 2 S.S. PHILPOTT, EVITT & CO. LTD. PHONES 651 632 COAL LUMBER - PAINTS Complete Line of Building Supplies revenue, because both the volume and the prices of imports were much higher than we had expected a year ago. It was also true of special receipts and credits." EXPENDITURES KEEPING HIGH Great reductions had been made in war and demobilization expenditures of national was landed by B. C. and U. S. boats. Almost all of this was caught off the British Columbia coast. The figure is some Oh Jook..Cereal and fruit fti-E&vtU' RUPERT 2,000,000 pounds greater than at the corresponding stage a Sails For year ago. defence, and in expenditures on Passenger agents agree tha; termination and liquidation of this summer will set a new re cord for coast travel between GREER & BRIDDEN BUILDERS AND CONTRACTORS It'stops Puget Sound and Alaska. It will war contracts, on cost of living subsidies and veterans' benefits. He expressed doubt that the current fiscal year's expenditures will be much lower thaii last year's. Provision would have to be made for the $30,000,000 be limited only by the number VANCOUVER AND INTERMEDIATE PORTS EACH THURSDAY AT 11:15 PJtf. For KETCHIKAN WEDNESDAY MIDNIGHT Fnr information call or write City or Depot TVket OfXtc.M, V2 tor economy of available ships. A popular trip is the triangle tour between Prince Rupert, Jasper Repairs Construction Alteratiow Two sailings per week for VANCOUVER VICTORIA SEATTLE Tuesday, 1:30 p.m., Coqultlam Saturday, 9 a.m., Calata STEWART and ALICE ARM Sundays. 12 midnight QUEEN CHARLOTTES FOR MASSF.TT AND PORT CLEMENTS May 14 and 2811 p.m. FOR SOUTH ISLANDS May 1(5 and 3011 p.m. FRANK J. SKINNER Prince Rupert Aitent Third Ave. Phone 568 and Vancouver. Floor Sanding a Specialty OJi- P.O. Dm 19 Phone RED 561 I love it r TVs-- -V - v . STILL NON-PRODUCTIVE .The word fallow to describe land which has been plowed but not sown probably Is a derivative of the old English "fealga," a .1 PRINCE RUPERT, .C. m 1 M harrow. NEWS FLASH!! .1 I For OPEN HOUSE WKKK Another long-felt Motorists' Nred fultiiicd by LINDSAY MOTORS LTD. DeLuxe WHEEL ALIGNMENT and IT PAYS TO ROit y6l own wth which the government announced last week it will pay to the provinces to help expand public health services. The original estimates of expenditures would also have to be altered to provide for the 25 percent increase in war pensions. Continuation of freight assistance on the movement of feed grains would add another $16.-000,000 to the original estimates. In forecasting revenues of $2,724,000,000 for the current year, Mr. Abbott said: "In making this forecast, wc assume some small further increases in wages and other incomes and some prices, a smail Increase in our national production, normal crops, and no serious industrial disputes or other ?et-backs to production and income. These are, I would say, conservatively optimistic forecasts. "Prices, wages and profits may Increase much more if inflationary forces prevail. Good crops would increase our real production and our revenues above what I have assumed and fore WHEEL BALANCING EQUIPMENT MteUatasds has been installed. We invite your in.spcctiun oi our prcm-and this new equipmnit LINDSAY MOTORS LTD. 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Moving, Packing Crating, Shipping and General Cartage and Storage For Complete, Reliable and Efficient Service, call Lindsay's Cartage & Storage Cor. 2nd and Park Avenues Established 1910 Phones 60 and 68 call at For your gardening supplies plwe or nl Ill I RUPERT MARINE REALTY McBride Street Clean-Up Paint-Up SEE SAAN1CH PLUMBERS PHILPOTT, EVITT & CO. LTD. FOR YOUR PAINT REQUIREMENTS Ask about the tried and true 'Glidden' Two - Coat System for exterior painting. One coat Basecoat and one coat Finish. This two-coat system is superior to a three-coat self-primed job. No blistering, checking or cracking. Summer Accessories J. CLAUSEN & SON) We Take Listings of . . . BOATS FOR SALE OR CHARTER BROKERS IN BOATS, MARINE AND PISHING EQUIPMENT ' r-TRY RUPERT MARINE REALTY FOR QUICK SALES OR CHARTERS (Just East of Llpsett's, Waterfront) Box 548 , Phone Green 875 Fireworks UcachHalis-KoIlcrS Flags . Saiull'ails and Shove' OCEAN VIEW HOTEL (Formerly Knox) A Quiet, Pleasant Place to Live COMPLETELY RENOVATED Rooms Redecorated Spring-Filled Mattresses New Management Proprietor, TOM PEStJT . PHONE 71 Games Hollywood Cafe PRINCE RUPERT'S NEWEST AND MOST UP-TO-DATE RESTAURANT IN PAINT IT'S X OPEN FROM 4:00 P.M. TO 3:30 A.M. Special Dinner Every Sunday, 5 p.m. to 8 p.m. CHINESE DISHES A SPECIALTY CSV TRY OUR CLASSIFIED ADS-TIIEY CHOP SUEY For Oulsid Order Phone 133 CHOW MEIN ! -