Prince tlnnm Oailp r3ctos Wedneiiiay, Member 2, 1949 V II I 1 Ray Reflects ; . . . . . and Reminisces Duncan Munro left lastlsim-day evening for Stewart. Mr. Munro. who was in the employ of the Premier mine for cfVite an extended time, lived In Prince Rupert during the period the mine closed down. The property reopened recently. Aft !nd7endwt (!!fy nwpRp- ctvtrcl to the upbuilding of Prince Rupert j uutX all communities erir.prlfnt northern and central British Columbia. I Authortwi as Srrond Cia Mall, Post Office Department. Ottawa) . Published everv nftpmnrm Mnr finniinv hv Frtncr Rupert Daiir N- Ltd.. 3rd Avenue, Prince Rupert. British Columbia. O A m,'rTF.R. Mnin(i Editor. H O. PERRY. Manwtlne Director. MEMBER OP CANADIAN PRESS ATOIT BUREAU OF CIRCULATIONS CAKADIAW DAILY NEWSPAPER ASSOCIATION self-shackling, with the keys In the national. capital. SUBSCRIPTION RATES OW CMTMr. Par Week. 30; M Moat. 75c; Per Tear, 00. K I iH- TC Smy, fc. w"" to Jury duty. 3)W eleven With fitting acclaim, the Hope-r-rlnceton Highway was formally thrown open today. Tho Job. potential and present Is nothing new to British Columbia. And there wHl be murft more publicity after, cars start running. Yet a few hundred miles south people can still be found who are uncertain -as to how far they can drlvt toward Prince Rupert. Has anyone notteed that the nearer the Pacific Great Eastern is built toward Princ Gerogn, tim greater public Interest in the railway appears to become. It's a safe bet to wager the P.O.E. Is not going to remain there. It so happens there's a lot of Britlcrt Columbia on the other sic!i. of the tracks not to mention Yukon and Alaska. The shore line of every ocean has its dangers, seasonal as ?;' as In other ways The government of Canada appears to be giving serious thought to th- necessity of providing a capable coast guard. Sponging on a kindly disposed neighbor Is play ing out. It shoulr never have cominVneed. You &w it u The News. Advertise is, Di oally Ktwif !!i'li(ifII'!ii!i.t!ir,'!ira?itHmi(tmiiiniiMmi' ttXlRt STEAMEK PRINCE GEORGE SAILS FOR VANCOUVER and Intermedial Porta Each Thursday at 11:15 pm. or KETCHIKAN EINES0.4Y MIDNIGHT For Reservatlona Writ or Can CITT OR DEPOT OFFICE PRINCE RUPyT "' ' B C. mmm ALL-WUOL BLANKrTS in plain grey, khaki ai d pa. tels at a very special nrirr from a pair vnil up MEN'S WOOL and COTTON WORK PANTS All size Special fram . $2.9. MEN'S WORSTED SITTS Pure W4, for only ... $37,50 MEN'S HATS Latest color and Stvle. Irm )) MEN'S DRESS AND WORK SOX Now from ien's sp;;r shirts Now from t'l O. MEN'S WORK SHIRTS ' N" 'ron $2.00 MEN'S LEATHER WIND-BREAKERS 411 vixen. :9 $0.(H) MEN'S AkL . WOOL LINED ; CRLISER ( OATS si'-ia' Sll.Ofl j MEN'S DRESS SHIRTS j from t j MEVS l-NDERWE AR 1 Com-; blnations, medlam weight. ; Special $2.23 I MEN'S RAINCOATS Good" : fittin $9.00 MEN'S GABARDINE COATS Full lined $2() (HI MEN'S COVERT CLOTU TOP COATS Tis in taiUring and m - - S32J0 MEN'S DRESS PANTS Rig auMM-tmeat, perfeet fHtinf. KNITTING WOOIHeHt qnal-Ity. Regular 45e Nww, prt ball tf, B)YS' LACED KrHBF.lt BOOTS AM lines. Sai-elal pr $2M) BOYS' SCHOOL and DRESS PANTS from 2.(5.) BOYS' RAINCOATS Good fitting:. Trom Now S 1.2,) BOYS' ALL-WOOL PLAID JACKETS from S't 71 OF TASTY MEALS AT THF Rex Cafe Cbinn Diobes a SpeclaHy cnor SUEY , CHOW MEIN HUtUarr Mysteries Of Devaluation NGE is supposed to be one of I the deepest mysteries of High Finance. We have been told that only banker?, finance ministers and those engaged in world commerce can understand and gTa?p all its ramifications.' What does the aver- age manor particularly the average housewife, know about high finance. And yet there is more mist than mystery about it. The housewife knows a great deal about low finance in making ends meet with her limited income. She knows that, when the prices of commodities go up, the value of her dollar goes down her dollar is automatically devaluated. This answer may have beep an over-simplification of the recent financial crisis in Britain. But the problem faced by Sir Stafford Cripps in drawing up and balancing his budget 'is essentially a domestic one!' When it was announced that Sir Staff ord had devaluated the pound sterling, most people naturally assumed that he had by that act reduced its value. Bu t the real value of the pound had already been reduced at home as well as abroad, and ail that Sir Stafford did yas to acknowledge the fact officially. There never was a time when the British worker had so much money in his pocket than he has today, and yet there never was a time when he could buy so little with 3 pound. The purchasing power of a pound note, as of a dollar bill, depends upon the prices of goods, and that power falls or rises with the fluctuations of the markets. The prices of goods are determined by the cost of production and servicing-, plus adljcinds 6f taxes. In Britain the costs of production, Slicing and taxation are at an all-time high. In addition, 'the Government has, by its export policy, created a shortage of home-made commodities which tends still further to raise prices and lower the purchasing-power of the money in the people's pockets. . Thus the process of devaluation has been accelerated by every attempt made to arrest or reverse it. Economic planning-, which calls for controls of Indus-" try and the rationing of raw materials and household commodities, created discontent among the workers, 'which has resulted in unofficial strikes and demands for higher and higher wages! Nationalization m itself was a costly undertaking, and the extension of free" public services, bonuses and subsidies added to government expenditures and taxation. ; However good the intentions of the Labor Government may have been, the launching of such a vast 'andcostly program of experimentation was bound to he financially disastrous at a time when the nation's resources had been exhausted by the greatest of all wars. An impoverished nation, any more than a poor man, cannot afford to gamble with its meagre .resources on a theoretical proposition. That is what the Labor Government has done, and it appears to have imparted the gambling spirit to the workers, ?ov1rhaniStt0andlo : Whatever government had come into power after the war, it would have been faced with a stupendous in rebuilding the nation's peacetime industries and recovenng lt8 lost world trade and commerce Bntain was already on the verge of bankruptcy at the close of the war, and if it had not been for the material and financial byl support given Uni ted thef BHti'h I-Pmight hate r.m? a , ' ftfr f0Ur 'ears of intensive econ-ford PtriaI PlaMing' Zt ?H Britain o-Sir eT Wnadmi-on, is nearer bankrupt The only hope be that may the British people will getaway from one-class government and recruit a " ZT eCn0miC frCe S and leadership a national government. Sang a be-speetacled young mail, Rudyard Kipling, in India, ' O East Is East and West Is West, and Never the Twain Shall Meet." But there is a powerful lot of meeting going on right now in North America. There will be Fremier Nehru and the Yank)! and Canuck.. Th?re will be tot-crful ceremonies in British Columbia this week. Again, "We're Her Berauoe We're Here." Old timers in Trince Rupert had the notion it was their song. That was Just presumption. They warbled it often enough in th early dy. As a matter of fact. It was bet-lowed or murdered long before Prince R avert was ever heard of. We listened to a radio ptay during Sunday evening's hurricane. One of th actor rnrlted to sing, started with "We're Mere Betawe We're Here," in a falsetto voiee. This was too much. Amid the din of the tempest we yelled bark Like Hell Vou Are!" Dawson declined to become excited over the false alarm gold strike that had the chechakos stampeding on foot and by air. The old camp, so wise in saeh matters .gave a jaded look, ttM-n-td over, sighed, and dozed off again comfortably. A trend of thought, and not risk of war, is one of th most dangerous features of life today, it was emphasized at tho recent annual convention of the Canadian Chamber of Commerce In Montreal. There Is the growing tendency to look not toward one's self for subsistence and security but more In th direction of some supreme torus of all powerful centre. But does the Canadian Cham ber of Commerce ever stop to think that whatever the result, will eventually be, Canadians them Ives can be held solely re sponsible. Thousands of Iresh demands arc ntceived by OUwa. from the public and trom this flow more and more taxes. In Other words, the drift is toward WE SUPPLY STEEL OIL STANDS OF ALL SIZES EXCHANGE DRUMS ON HAND Phone Black 881 THOM SHEET MF.TAI. I Tn U.A M SAVOY HOTEL W. L. WOODS, Proo. PHONE 37 P.O. BOX 1397 FRASER STREET PRIMCl RUPERT m f we deliberated!" HAZKLTQN HIGHWAY Editor. Daily News Not millions but billion of dollars are involved, ultimately in a Central British Columbia Highway connection to Alaska and Doints between Prtnrr. r,i. pert will not participate if any but the Haelton Highway project is chosen. Any other road or railway would cost sa much, no further money would be spent from Prince George west for a decade or more in development northward. WALTER WILSON Classified Ads. (Jet Results. Advertise in tne Dally News. " , tsv. . . il ',. run FLYING BISHOP RETIRES After 27 years in the north land, Rt. Rev. A'.L. Fleming is now living in retirement at Goderlch on the shores of Lake Huron. The first Anglican Bishop of the Artie, he became widely known as the "flying bishop" because of his use of airplanes in covering his diocese, largest in Canada. Born in Scotland, Bishop Fleming is now 66. (CP Photo l smtBiim Even for double the price you can't buy anything better than "Olad I wa railed policies while MISERY from fcrn -r.trE i Editor, Daily News ; From pre nd radio we haye been listening tor years to heart-breaking stories of pot- erty and oppression in foreign lands. Each time we draw a long breath and say: "Thank God I Live tn Canada, a land of freedom and abundance, a Christian land where the spirit of Jesus still lives in the hearts of most eitizens." ! On Friday, October 28 about a m. a local taxi operator cal led me to the telephone, re-; questing me to town, that hej had something he would like me to see I qpuld not go at the ""V" bu aeed to 80 In the 1JW--,Wii'.t investigate. I tmMiti-Mrti'' senile person,' without food! raom or hprt in one of the1 bder parlors. He was a veteran.' of two wars SnntH African and World War I. On questioning him I fou,nd he had no friends or shelter and had been in that plight for some considerable time. I then proceeded to the Stone Block to report the.,ZJi ta the welfare bojird. Mr. douphlan. at that , ... UUl b?gitquaijd with one of the staff a young lady, I requested her to drive with me to a shack where I knew liverf another old man who had been denied, the old age pension be cause he had not been able to produce a birth certificate. He was absent from his shack but, the door beinir unlocked, we opened it and went inside we searched the building from end to end but were unable to lo cate a single mouthful of food not as much as a cTust of bread. We left the shack and proceeded homeward. We met the old man on the road on his way home. He gave n;s age as Sev enty-seven, born in New Bruns wick and a resident of Prince Ru - pert sice- 1911. How he existed we were unable to understand. These are thinas one ran find it interested enough to look for them. Too much red Old Age Pension Act is respon-' sioie lor untold misery. I believe Mr. Coughlan and his staff to be everything as far , as kindness and sympathy are' concerned but fed tape kills' their efforts and closes the door against many a worthy applicant. GEORGE B. CASEY OCTOBER BUILDING-(Continued from Page I) Brydges and McLean, $500, alterations, Westenhaver Block. W. Reid, $40, Fifth Avenue East ' ' repairs. - Dept. National Defence, $300, Armory, repairs. Dept. National Defence, $1,500, naval building, repairs, F. Hardy, $250, Summit Avenue, repairs. R. W. Scherk, $100, Seal Cove Circle, repairs. H. Walbraner, $2,000, First Avenue East, repairs. ). Oorvlch, $2,900, Exchange Block, repairs. ' , A. 8. Hamilton, $60, Ambrose Ave., repairs.. - K. Hardy, $300, Eighth Avenue East, renaira T. R. Lloyd, $75, Seventh Ave. East, repairs. I -J jixiisun, 'ilOOI I, 3 riTin Avenue rWes. repairs. aecon1 Aenue oppolte Prince Rupert Hotel v T.'OO m aja. to 3:80 am. phone 173 lor OuUlde Order. PHONE 79 HOURS Weekdays 9 a.m. to 9 p.m. Sundays 12 Noon to 2 p.m. 7 p.m. to 9 p.m. SIXTH STREET and THIRD AVENUE Complete . Display o 1 THERE'S A RING FOR EVERY PURPOSE FLOOR LAMPS TABLE LAMPS BOUDOIR LAMPS Priced from STEEL AND COAL. THE STEEL WORKERS' STRIKE in the United all in I'5 13 PaUy 6nded and wil1' Probably be over together within the next few days Thus is resolv- tZ& indUStn'al Cn'?ia Which been 11 economic well-being of the -6 country a which was beginning to be reflected in Canada W there is still to be settled the coal strike which John L. Lewis, at latest reports, is makinj? Some move to terminate. I The settlement of the coal strike is almnf uc to $25.00 POWER CO. LID. $3.80 NORTHERN B. C. BESNER BLOCK See Oui LARGE NEW SELECTION of 1949's Latest Diamond Styles Complet stock of Signate, Blrthstones and Baby Rin. MANSON'S -""""V MU III portant as that m steel since the two industry 9 PHONE 210 complementary to each other ' R- tt Hanso". io, Seal Cove construction. YOUR FRIENDLY JEWELLER PRINCE RL'PERT, B.C STEWART, B.C. BOX 898 Prlnee Rupert, B.C.