i -A Mi. K'uiut UuutO Thursday, .Uli J Vuut Ll May 27, 1954 As I See It fir ?,uwbe "dPipe.il REFLECTS and REMINISCES Ray 1 s InrtPpoiidMit dallr npwsiaW dpvoted U the upbuilding nf Prince Rupert and Nirllieni ancS Central Bnltsli tmvinibla Member ol Cfcrxullan Press Audit Bureau ol Clrrulalhinn Canaonin Dailv Newspaper Assoclallon. I" Published by The PrUire Hupfrt Dailv News Untiled i. P. MAflOR, President H i HRRRY, Vlre-Prefldent Subscription Kates: ..carrier Per wfk. 2Se; per month. I00; per year, flow) a&Tffidi .uiull Per month, the; per year. Hoo. MiuMred as Mronri olass niail by the Poll Ofnre nepartment, Ottawa. MEETING Civ'c Centre TONIGHT 8 I : il ; tate, botn real and personal, ln- eluding my pants, which she has wanted to wear for the past 15 years." '.'Salute to Air u NEW PROOF I. t THAT MILLIONS CAN El THE NEED FOR LAXAT1V find relief from mnttiiuiti,... t u M i i rv 'ifi. safe, natural way-withaut the injur'umi '-cvvscr?-' effects of repeated laxative use. W ITH A SI RPI.HS IIFKF. AND Knight in the Windsor Star. OTTAWA DIARY Soh STAitTINd this week and continuing through . Monday, air emlt'ts of J'rince Rupert are stag-; fn'g a drive to pi'omote public interest in their movement and gain financial support for their work. Willi assured world peace still out of sight, this effort Ijy some of the hest of our .youth must not; he ignored. Of their own volit ion these schoolboys have entered a course of training which will jnake them exceptionally well qualified to servo in the defence of Canada should that unwelcome ...need arise. It is an acceptance of responsibility at :i young age which commands our admiration and ; gratitude.. How different their attitude is from ' that of some Canadians who are dedicated to sell-'.ing.oiit their country to others! It must be. remembered, of course, that not all ! aiti cadets have joined with the idea of graduat-; ing into the air force. Some will go into civil ; aviation and others will turn to entirely unrelated ' lines of work, lint all are the same in their determination to grow up as useful citizens. Although the lU'AV gives material support to the air cadets in many ways and has set up a liaison branch for this purpose, the movement is ; not part of the air force. The boys are on their , own, relying primarily on their enthusiasm and ; whatever support their community cares to give them. In Prince Rupert their heeds are looked after as far as possible by a volunteer sponsoring com-; mittee and the boys have progressed well, as was shown by their recent annual -inspection. Hut ; without the support of everyone, their squadron will fail. Enthusiasm and hard work alone are ' not enough. ' -: ; On Saturday they will make their only finan-; ciaj appeal in the form of a tag day. To wear their '. tag will ho. to offer the salute they so well deserve. ; Preparations For Canadian Fair May 31 to June 11 Newly Ready There's a growing feeling in I competent performance. Hence Liberal circles which usually are the report of his intention lo re-well informed that this is Prime 1 tire shortly, probably in curly Minister St. Iuiuint's Inst sen- , autumn and before the la!! sion of Parliament. meeting of another session The PM's health is said to be ' responsible for the alterations Jlis taiceessoi', according to in his previous plans to run an. present plans, will fie Kt. Hon. other ( lection. Happily, there te ; C. D. Howe, Minister of Trade reported to be nothing basically and Commerce. He will head a wrong with him. But his recent "caretaker" a d m I n i s t r u tlon Some of our enthusiastic anglers, j who rarely fail in getting in by tlie 21th, appear to weigh the scales on the fish as well. "Higher Pay. Less Worry" , heading. It's as simple as that. 1 The money spent by the people of Canada on liquor is huge. Many who drink are drinking more and more people are drinking.-Ex. There is one way and one way j only for tlie Seaway to lie a j joint project. And the country j should be very wary of any bill .suggesting otherwise. We want the Keaway. We want it now. To build it. entirely ourselves may still ho the final and most satls- lactory course. That flag, seen flying In Prince Rupert on Monday, May 24, has been observed on previous occa-; slims. The original reason lor jthe display of the national colors, in tlie sky, at varying heights, Is said to have been in honor of the birth of a princess i who, becoming a Queen, led a Inn", and distinguished life. For some reason, says Judge ITnf lin Isicr. wives are a favorite ! butt of will bikers. One unidentified man wound up his will this way 'And lo my wife ij bi'cucalh the balance of my es- FISHERMEN! Spilsbury & Tirtdall MARINE TELEPHONE 1 MRT !!') Watts Pure Power ! uinocl :i Vransmittrr and Receiver llrnailiasi Itand Ahsiilutel., the Most Itr- lial.le L.idiu Ti ll illume nil the .".larket. Rupert Radio and Electric 312-.?id Ave. W. I'honc (Ml woriu-giruung tour Dy plane, wnn mitny legs or tlie journey flown at high altitudes, was m severe physical test for a man of his 70-plus years. And slwe his return he is unrlerstiinrl In hnve lii't'ii coniplinlnir of a feelincr of rirotnc fatigue, With oil ih Wfrri of nicflit.il wiriirc ovrr tlir ji.tv( M) yiMrn, au lluuities bay 1 hert- w iid linifY any rf.isMii liy irrtiil.iriiy kImmiI'I I our mmt v, uvs,m.u hiiiit;in mdl.nly. Nor n ere any reason for (Its vHoping the kt tut uni n-e ul harJi ivt-s - ni tliwiiiK it h oiif tr')a-rat inn aft rr ai. i lu-r in ilie vani lio) cif timliny, in niif pti')n nr pill, t he "st-i rt'i' of Listing rt lu-l. I.orip-rrjnlimif'i stii'ly of fht prut-I' in has .shown lli.n otif of l h h ius( roiiuiMin r.tns's ol irrrvrnl.iniv h tuk of bulk in thr ijii-i, Aim! vi Urn thi; Uth tfef Uf oHiuiioii --4'n rorrfrtton is to 1 toutxt not in the dru(( stoie but tn your on4 utl IT IM S' f.Ovr; llrr. V A MHIC-A I.I, r KM ;SIH tMI I HAT A I IHh. II A V fHO- ID! It. I THE HA TI'HAI. KHHtS Mh S H IMF. ISThMil.l). TO H I', All. 1 1 IK HrWrMV .H I ss Ipf ) kh Tin-: mi- l.l tC Ai uinwch. Of-' I :l. M (IAS IHAI l. One of thee elment ti nalural fihron tnilk. or vi'i-rialtle rNnlo1, whiili n'-riu.iHy nnl ftninratly aidi thf rhythimc priKT-A(j( vlitntri.ttitm. In no nntnrnl ffKd Is hU nahiral ljulk mi iilallv (ouihI .is in Uir outer layers, or brun,-n the v. hole hrat km u- wlii It, as ytjfi know, is lost in ntfwltTn milting. IVT.nin of the known value of hran it) promotiuK r",Milaiily tlw Kcll'f timjwiiy ha-i (m (.Jtku a uifuphrie h't!t? Iran with nmliin takm away to le it rthri ivrnivrf iuvr tho iianip ol Krlhwpi All liran, I he natural la xattv p i vh mI. I low ehVctive i All litani 'I lii hat Cadets liiuher than other years, and fair officials say there U wider variety than ever before, with less relative emphasis on the machinery section. The fair was .started in KM 8 under the auspices of the department of trade and commerce. It has weathered the heavy years of trade restrictions, and meets tli's year in the more hopeful almo-,phere created by lowering of barriers by a number nf countries. I U.S. interest has steadily ln-i creased. Last year about 2,000 i Americans registered, double the J number of the year before, and I inquiries indicate the figure may I he doubled again this year, j. About 1 OHO victors will be lnr: tVonV fiiirojx-.and probably iti uoo (Janadia,ns will see the ; linv, a.,ide Irom the .special audience of public, days. Incidentally, Toronto hotels. lUK'sl. he mes and inoteLs will be jam-nietl. Canadian firms liave taken more than half the space, and other leading exhibitor, it order of space urea, are: United Kingdom. Germany, United StaU-.i, Italy. Sweden, Belgium, Austria, India, F'rance, Tile Ne-l herlanris, Japan. Hie pressures of the oriice of as an organizer were attested by Prime Minister demand a high , the Ontario results in the last degree or physical' fitness from ' ycnerul flection, nmv lead the incumbent. Mr.- St, Laurent ' parly through the n xt election, isn't the sort of. a person to bo , whilp thl. m-ement of Mr. St content with turning in any- j i,aurenl will occasion general re-thing less than a completely , ,,r(.t throl,n,lt Uie laberttI by v i Vr more r It I New Bank Act I ! !1II KVKR get to the I j stage where grandpa j takes his grandchildren j jon his knee, and they askj 'me what I did as an M.P. i I I can say: , ! ,' I moved tin mot ion In par-l iiami id. which matle' It possible for the hanks lo lend money on chattel mortgages." t 1 hasten to add that the honor fill on me by sheer Rood luck' because I happened to be sll-i ling nearest the chairman and; he had to name somebody us j 'ihe mover." ' HERE IS the story of what Die i Bunk act changes mean. Up till i 'now. there have been two differ- : Unl ways in which people can! i borrow money, for family rea.s- ens. They could borrow It from tlie banks if their credit was good or if they could put up enough security or get enough people to endorse their notes. If they borrowed in this way. the banks were not allowed to (barge more than six per cent. They could borrow from the registered small loan companies which were permitted under tlie law to charge twenty-four per cent per yar on loans up to five hundred dollars with hiuher charges on sums over that inioimt. - - BUT ONE of the chartered banks the Canadian Bank of Commerce - has been experimenting with a .small loan business of it (iwn for tlie past 18 years. That is, a eiU;i.--n could land still can) walk into ajiy branch of the Bank of Commerce and apply for a personal loan. If iMuuico, ne would pay a nacK t exactly Its he would to a small i loan company that is, ijy monthly deposits into a special ' bank account set up specifically i for this purpose.. The actual rate of interest paid' oi such loans worked out,, in, lact to 10.41 per cent per umium ! That is, jt has been possible for a person to borrow money from the Bank of Commerce on the monthly repayment plan, for somewhat less than one-half the rate of interest which is permitted to the small loan com- ; panics. IN THE crnss-examinnllon of tlie pencral manager of the Bank of Commerce, and later of tne spokesman for the whole hankers' association, th:; follow-in facts emerged: The lawyers retained by the banks themselves are divided in their opinions as to whether or! not the small loan business con- j ducted by the Bank of Commerce ! Is legal. Th? Commerce lawyers' say, yes it is. Tlie Royal Bank ! Inwvers say no it is not. But nobody has yet chosen to j take the mutter Into th" courts j loija very obviiiim reason: -Th.iJ I fc,.honM. the 'nrt-nmO'thf . the Balrk'rtf 'ominercvT.sf in rii I inall loans is not entirely with- in the letter of the law, the let-I ler of the law would be chanv, d. 1 by tlie parliament of Canada, al- 1 most before you could say "Jack i Robinson." Kor as things now stand, a! borrower ran gel a personal loan from the Bank of Commerce on the monthly repayment plan for 1041 per cent per year less than hnlf what would ! otherwise apply. i By enabling the banks to take chattel mortgages the banking commit lee has made it easier for more people to get loans, cheaper. First ocean grain-carriers from i ChW.ilil to lili-oiv. te.fl the i i UUIJlll U4 J V ill 1 if 'JO. " P.uJYff i j 1 s j : W . S "W .1 mi ! j A SI RFITS THERE By Jac k j ifl' Miotoi 1 which will hold office until a Federal liberal convention for the selection of a new party chieftain ran be arranged at some suitable date. The conven tion is unlikely lo be a rush af- i lull It is even possible that HI. i nn Mr. Howe, whose abilities party, that reeling will not conflict with the genuine satbfae-lion amongst both MP's and the party rank-and-file over Rt. Hon. Mr. Howe's accession to the j lop post .There is a widespread Parliament Hill conviction, iwhbii juts across party,, lines, ft hat Howe's public servh-a tlur-j lni World War II and since has bcn of so valuable and distinguished a character that no recognition short of the office of Prime Minister can be an adequate reward. His popularity as a successor to Mr. St Ijiurenl will duplicate the enthusiasm with which Mr. St, Laurent was received as a successor to the lh' Prime Minister Mackenzie King. It Is reliably known that Finance Ministi r Douglas Abbott also is leaving the Cabinet short ly after the session doses. There is also a growing feeling that Public Works Minister Robert Winters will return to his native Nova Scotia to become Premier there. The possibility exj.sts that the Prime Minister may announce his own retirement at the same time as he announces I hew other uost-sesslonal chnnr,- . f " Pormlcr iicamcr Prince Rupert KAILS nu VANCOUVER and liilerinriliule I'm Is Eoch Thursday :il II 1.1 p.m. For'KETCHIKAN M I DNI SOW Mi.liii(,lit ( iiiiitint and Service for ri-si rvsitlnii'i wrtlp ol i-rni r-Hv ur I iot. Offirp Prince Kuperlj, B ;. I CANADA, Fival Ajpnt .J ' t. ' ' .-"ft r: ,' -V :- . . -Si? I tfa natural lajioliv wmI "" i lieen dcninn.lratcl ln a vsiein.nu 1 1, .i .... ' Ici'lmc licil i.,iiti,k" In mi' Umlv, Mi p,.,,,,,, ii ill l.HI ll !il,V(,.l t,ll( .,, given oiip i.iiiki. , , lur oiip irk. liny vutc I -aim .illy :lm ml, ,,y , iii.ni. .. . . ' '"S 41IIJ jir I me llir All llr.ui. MioiiniWHMiiui IMfHIIYfMI I O 4 t V. litriiH ;mv a m H f K . ,lh ALL. fill The Kr-atf-t ailva(it.H'e (if , y l that it nHreit the i irr'nl.inly duf lo inMiltio- hniir.tl ur ilruj'-tMif- t-u;i the other luwl, art iiiteint-j (or ovrnilii re-lie) ul a rei When ppnple u-e thf p i h.mitiialry tn a n.iy i hat ( i-.li thrir frjistie s-V'icni n that wtturt nrver iinritiWj. 1 Ol cofrwtiiiB tlir causr, w I ct itally make thrir coikIiIh If yon think you mint nkt live pr'kira)ii.n ra'-ion.ill lint tin ti ttiirv. ! I the tion -ompl't ly. AOIIJ I WV S . . iit or n't.. ' hislihfi rrlifl ptU yaur irutfw -I AIL hr an for ItieukjtiHi plfnty oj witrt. Thin All-ifr.ni plan h.i hflj lions to r1 f-i.ihli h a i 1 in v. Iieahhlul rcjMiltrtiy. Wliy i NSw W' 49 Phone i3i Get Ready For Summer! m. Bv l-'OHblCS khiiji: Camdlan Press Business Pdliiir TORONTO ("-The big cases .Me bnt; unpacked out at the l'.hibl),l(in Kroiiiul.s. bulky evirl- i, ,iir'P tbal lite Canadian Interni'-"' nal Trade Fair is a u!n almo.-.l naiw. ;' The plates are May 31 -June 11 'iid dyrlng that period Canada '!fld US other countries, who ar ;';ie p.lbllor.s, will lay out their ii. outl.s W'or the appraising eyes ol livens from some 00 (Hiuntrles. - It Is one of the world's bluest ' linua! International Kel-'ogeUi-i't!i, with traders from lir and i icar, speaking In many tongues, ,;ing ip what they .see In terms ! lus kuyer-appcal back home. Onlj those with an interest: In .. iuytng and ieiynti are, aiUnlttm. I 'Xcepi, lor Ihjv.i ds hen f,, p.ubllc'1.4 allowed a look. Slali.tlcally, (he exhibitors i.kill o6ver some ZUi.OOd scju ir.-. feet and will comprise thousands 'if Hems from kitiien gad ;e',s ,'o heavy machinery and airmail -'through .such a vari",l I 'lat H textiles, jewelry, leather ,ood.s, f(xl, scientific instru-t Tfients; farm implements, hoti.v-. Hold furnishings, office equip-Tient and so on. J ! Total spa-e is e liau last year's SfW.tlOO siii-e (eel, bir, ' White Rod Clue . . . . . . ' Cl'ick . . . Brown $2,-95 $3-95 LETTERBOX LETTER TO KREMLIN TOO? j The Editor, .. . . . The Daily News: -'i am Just wondcrlrtg. Hdvrf lhf: Shoreworkers in the VF & AWL sent a copy of the same lettur they sent to tne Hon. L. B. Peai-son to (ieorgi Malenkov and other top brass in the Kremlin 1 j asking the Russians to bun th" atomic and hydrogen bombs and to i : t ssling the H-bomb? . P. f3. . TURNK.lt, Prince Rupert. Dawson Man Held For Murder DAWSON, Y.T. Leo D3V-erreau, a Dawson wood dealer, has been charged with murder in connection with the ri fir slaying of an employee. Police said 35-year-old Leonard Darrel Smith of Moose Jaw' was killed Saturday night by a 1 if le bullet while he sat in Dcv-errau's. cabin. IS vi i r.'aii v.is arreted after lie phoned liCMP and told Iheai 1 about, Hie shooting. Smith had been employed by Deverreau as a woodcutter for a short period. Authorities were reported on their way from Whilehur.se and other points. .... ..... , . ! hl , i"inini noi published or dl4P'"'ed .h hc "-'I'"" Control H,,arl I -""""' By; BANK OF $dL.95 $ ONLY 45 MIN. TO ALASKA CASUALS , Wedge Soles . . . Moccasins White or Colors $2.95-$3 54-95-$5 3rd VICTORY LOAN BONDS have been CALLED FOR PAYMENT JUNE 1st IF YOU HOLD Third Victory Loan 3 Bonds (issued November, 1942 to mature November, 1956) they should be presented for payment on or after ,June 1st through any branch bank in Canada. AFTER THIS DATE NO FURTHER INTEREST WILL BE PAID. The interest coupon dated Novcpiber 1st, 1954 and all coupons dated later than this must be attached to the Conds when they are presented for payment. Payment will be $101.26 for a $100 bond (and for other denominations accordingly): This payment includes a $1 premium as required by the terms of the bond plus 26t which' is interest at 3 from May lt to June 1st the period since the last coupon tierame payable: w.'it.rr. Via ELLIS AIR -LINES trAMSLY SHOE 2)T0ki 638 Third Avenue West LIMITED Office Opp. Post Office Phone 266 Government of Canada V - 3 - i4 r ""ll