11w.

-r~ 1 Rear the Zoom and Swoop oi

WILLIAM" Mu- .-

.. - , e - Breathless Sequences oi Thls 1' Ail-Talk Epic. ,

YD

Ii Mat.‘I.15—l0c, an. _ _, Night, 1 a 8.45

20o ... 42¢ - m. Em

_ MONTREAL STOCK EXCHANGE

‘ Market reports furnished by Green- shields a Co., Montreal, w Stewart Jones d: Co., 88 Great George Street, Charlottetown. Quoted at closing, Jon. 21, 1929.

Call Money 4‘...

3 Mourncnr.

Abltlbl .. .. ... 251i Alberta Pacific Grain .. 25 Asbestos .. ... .. 2'. Brazilian .. 379i B. A. Oil .. ... 50V. B. C. Power .. .. 391-’.- Bullding Products .. ..... 2817-’. Canada Car .. ... 28% Canada Cement .. .. 101’.- Canade. Power and. Paper .. .. 131i Canada. Brewing .. n. .. ‘ll’: Domnlon Bridge .. ..... '77 Foreign Power Securities .. 25 Fraser Company .. 10‘.- Gcneral Steel Wares .. l9 Home 011.. 10 Imperial Oil .. 281/. Industrial Alcohol .. ... 11%’. International Nickel ., ... 35*»; j International Petroleum .. 21M’. Massey Harris .. 4i".

L

_The Investments of Yesterday i.

Were purchased with the thought oi specific interest rate over a period oi years until a definite maturity date, iitiic or no thought having

' been given to the diminishing

porclusi power oi the dollar. llence many invest- ors found that with the rise oi commodity prices during the war and post war days, their pre-war investments did not yield them an adequate income.

This handicap might have

“brbierengovercome by investing

' n, (In _a_icw good common stocks

d, appreciation in capital é", vpluc and dividend payments would increase their holdings a

d_ yield.

cm. inquiries in Equity , by. Securities an coutteousiy invited

.F.'PQOLE.Y

ca. ) TQNIGIITQ: SRT l

‘Sensational All-TalkinggDaredevil Aviation Story

Also Symphony Cartoon and Talkie Comedy Riot ‘hégifflgflgjflum,

iperly as c. province. Later I discus-

‘noomsovv s. c». ' v - m ITJAHIS s-r.

, 1s: nouns n. "n of -_ ev YOUNG II’.

I001,“ will not arrive intimc for today's matinee but will

c9010: IIOQIIIINOTIATIIIII mm: PIINOI znwun ooh...- unigas Wewill Input “Broadway Scandals” um after-

A smashing, dashing, flash- ing all-talking picture of love, adventure and dare- devil airmanship. Bill Boyd as a Flying Fool - a mag- nificent fool who loves 'e|u' leaves lens - and then gets naught. .

not. MARIE‘ PREVOST RUSSEIIGlEASON

SUBSIDY CLAIMS

(Continued from page 3)

._._._._.._.._._ .__ enable us to carry on our work pro-

lsed these matters at some length Ewith four or five of the gentlemen l who had been present. They asked if I would speck before the Charlot- tetown Board ci Trade. I consented lio. do so. I received an invitation 7 from the Board, and I am here. ‘ v I shall dwell for a. little while on IMaritime province affairs generally, i and then turn to Prince Edward Isl- l and affairs particularly. l Previous to "Confederation, the lMaritlme provinces were the most ' prosperous part of ‘the territory , known as British North America. In ‘fifty years conditions were reversed ‘iand they were the least prosperous part oi the nation known as Canada. , This is an arresting fact which ishould make Marltirners think ser- . lously, and if possible find the cause or causes and apply the remedy, in ,whole or even in part. It would lcad mc too far afield, and 1 might be unwise, if l’ were to mcn-

"_Y”_"’ ' Ti“ " ' '

‘r"'.——-*"* » ~ (~\‘-~ Lav l “LLL

A Melodrama- tic Romance oi .

the Nite Clubs- Race Traokand Betting Ring! The Most Thrilling Race Evcr Filmed - With ,9. Man's Honor

causes, I shall, therefore, mention only some of the facts, or apparent facts and results, and allow these to do for the present.

At the time when Confederation wns discussed in Charlottetown and Quebec we were promised mcny things. We were promised the mar- kets oi Central Canada, in lieu of the markets we had largely lost in the United States, through the ab- rogation or the reciprocity treaty- Wc were promised the construction of a railway by which we would have access to these markets, and this railway was to be operated in such a way that there would be an ex- change oi goods for goods, but this ides has never been realized. Ac-_ cording to the best information ob-

the balance of trade between the Maritimes and Central Canada has been and is four to one against us. The ports of the Maritime Provinces open all the year round, were to bc the front doors of the Confederacy, through which would flow outward- f ly and inwardly the trade of half n lccntlncnt. ‘These promises were rc- peatcd and formulated at the Lon- don Conicrence which followed in

i tion what I bcllevc to be some of the ,Mon-‘.reol Power .. 137'. zlvicColl Frontenac

:Nutional Breweries _, ... 120 , finmcnt o‘ pomme a d , r s n agree-

‘mcnts. Previous to Confederation,

lrszsuonai Stccl Car ca, Canada Bronze .. ... Canada. Melting .. 17, Dominion Tar .. .21 lFamous Players .. 43 Noranda. .. ... 37h‘ Power Corporation .. 76‘). Price Bros. .. ‘la-ii Quebec Power .. ... =. Shawinignn ..

Smelters ..

Steel of Canada ..

Simona .. ... n Winnipeg Electric .. ... ... 50! NEW YORK Allegheny .. ... ... 25h’.- Amerlcan Cnn .. ... ... 123% Anaconda... vow.‘ Bendix Aviation .. soul Consolidated 0.15.. roast]

International Harvester .. B25

Kennecott Copper .. ... 56-56‘ Niagara Hudson Power .. ... 18% Paramount Players L-osky .. . 567;. Poor a Co. B. .. 270i Radio . ... .... .. 35% Sterling Securities A ... .. 10% Standard Oil of New Jersey“ 62% Willys Overland i. ... ... ... 8% Yellow Truck .. ...... 13% C. P. R. .. ... ... ..... 109 General Motors .. .... ..‘... 401i 17.6. Steel .. .. ... ..... 110%

JMNII Bank of Nova Scctia .. ..... 820% Bank of Montreal .. ... ... ll’! Iiaahcfomnmsrcc .. ... ...‘ 300 W so _i an“ m as I0!

i1866 and they form the basis upon which the British North America

24,‘, |Act was founded. History furnishes " f fciv examples oi such tragic non-ful-

lonterio and Quebec wereinabcdway

politically; they had come to a dead lock in their political affairs, and commercially they were not much I better off. They had no access to

the ocean, except through territory , other than their own, for several vmonths of the your and the history

_of the world. up to that time at least, showed that the prosperous nn.

Iytions were Maritime notions. Con- ‘ federation was for the Central pro-

vinccs , highly liiaritimes much _ ‘so, <

By the Treaty f Washington in 1871, the United States restored the transportation and bonding privil- cgcs to Upper Canada and obtained frce navigation through the canals uud waters o! Canada fromthe head oi Lake Superior to thefluli of St. Lawrence, forever. From that time forward the people of the Central provinces lost interest in the develop- merit of the country east of Lake Ontario and Montreal, except in so for ls it might furnish a market for the, sale of their wares. So far as iranlwrtation and access to the sen were ccnccmcd, their faces were turned southwardly.

By‘ the construction o! the Grand Trunk Railway, with its tqrlblnul st Portland, Kaine, a beginning was mods in the development of ‘United States ports, which has gone on over

important, for the

ALSO comeov scnefam I

Thrilling Drama of theiTurf

’\ -— . Mat. “diileg

talnable, it would be safe to say that

lincqaudshovrsnosigpolhaltipgi;

Fl ‘WW7’! fastest set, slsg hi. "ed ici- the rlsht to napping, ~

TOMORROW.’ i‘ FRI - 8A T. 1

. Also “BABY TALKS" Snookums Cpmedy

bushels of Canadian grain went through Baltimore, last year, 1928. 18,000,000 bushels went out through the same port. In 1028 all the Unit- cd States ports on the Atlantic, namely Portland, Boston, New York. Philadelphia, Baltimore, New Lon- don nnd Norfolk shipped 132,000,000 bushels of grain ofwhich 100,000,- 000 bushels were Canadian, in other words, over B0 per cent. of their ship- ments cnme from Canada, and at ihe same time Canedian- Atlantic ports were lying comparatively idle. Canada has spent hundreds of mill- ions of dollars in the construction oi canals, on which not a cent oi toll is charged, and the expenditure is still going on. The Maritime Prov- inces have paid and nre paying their share of the cost oi these canals,‘ but are deriving not. one ccntof ben- eiit on export or import traffic from their operation. They are operated almost entirely for the benefit oi Canada, west. of Montreal and for the benefit of the United States cost and south ‘of Montreal. 1n the opinion oi many, if you are going west, Canada begins at Montreal, ii you are coming east, Cunsda ends cl: Montreal; and the Maritime people are themselves largely to blame for the prevelmce of this opinion, '

Railway Construction

In 1005 the Government, and Par- liament oi Canada. tried to imple- ment the contract. of union with the Maritime Provinces, relative to trans

portation by the construction of the.

Grand Trunk Pacific Railway, the Irsnscontincntol Railway and the Quebec Bridge. The project Wes bit- terly opposed by the selfish interest of Montreal and Ontario, which after‘ 101i succeeded in having the char- actdr oi the railway degraded and succeeded in preventing it, being us- cd for the purpose for which it had been.designed. Not only did these interests do this, but after i012 ac- cording cc the report of the Duncan Commission, they succeeded in having the rates on the ‘inter-colonial raised to a much greater esicnii than on any oihe railway in Canada, thus discrimin ting against the Msritimcs inia marked degree, and they flnlllv succeeded in having the Intel-colon- m incorporated in the National sys- tem without consulting the people of the Maritime: and without consultinl Parliament: thus discardinl i110 M! trdctual mu on which tbabonicd-

cracy had been mmnac. but we.»

an nofoblcu. w mm chansrin um as in many other things, upon our rights. . .

islthsponnmpit. , ’ ~.wr.nm have a fourth of the l" all 5W1". buhhavo been ieduu. cdtosuinthintbcdcvcrmnent and

._ m“ Mm why we amour “IBWWIWIQY. and be as one man iushmmcin: u» fulfillment of the DRUG Ind ‘contractual rights we

= ‘obtained wbcnwsjcinsd t!“ c”.

"WW- Kevin: one nuns or the "Presentation in the Upper House which 1m equal power mm the oooi mm in event-bins. except the out. 110w of money hills. we can. i! we Wilh- make our influence felt in see- ing that justice is done to every prov. ince of the Dominion. I

Challenll-II: Statements

A recem wrltcr makes some chol- ienling statements. which should, 1 think. be taken to heart. He states:

"Canada is the only country in the world which wbilo possessing ycar round access to the ocean on-its own territory, has nevertheless, do. vcloptd its chief trade routes to the ocean through a section of its ter- fliflfy when its transportation fac- liiities may iic idle from four u; six months of the year." _

"The only country in the world operating transportation‘ facilities in B 10111811 wllfliry in competition with its own transportation fscillt. l" 0h 11-! own territory."

"The only country in the world which gives to a foreign country, u» a much greater extent than it re. calves, toll free canals and other fre: novigsvtion aids."

"The only country in ole world which is unnecessarily relying upon a 1., country for its transporta- tion." _

“The only country in the world which has such a large percentage of its manufacturing plants so far renioved from the seaboard."

“The only country in the world which has the chief offices of all its financial institutions so for removed from the seaboard." ,

“The only country in the world with unlimited cool supplies of its 'cwn which is dependent upon a foreign country for a large portion of its coal supply." '

“The only country in the world whose Jnost habitable seaboard sec-_. Wm with 800d harbors is not its most prosperous section."

r -. Brinoe Edwlrd Island Interests

klihave now finished, with Mari-- timc. matters generally and shall pro- ceed to consider Prince Edward 1?,- land nifoirs particularly, and shell take -up railway rains first. 1 find that while the discrimination in rail- way rates against Nova Scotis. and New Brunswick. was-and is serious. the discrimination against Prince Edward Island was and is still worse. A few years ago I was interested in the cosl trade, and I discovered that theratcsoncoalfromthsmincsin Nova Soot-is to Prince Edward Is- land were iortyto fifty cents a ion higher than for similar distances on the mainland. I tried to get this ed- lusted, _but u» not... authorities refused. In 1028 I appealed to the Railway Commission. The railways scnt Counsel to oppose mo. The Com- mission ordered the railways .10 make their rota to Prince Edward island equal to those on the main- land, dud to give‘ the wholesale mer- chants ln Charlottetown the some local tltesjoh flour, mill fe s and other ‘ccinmodi that the ole- saio merchants Halifax and Saint John were enjoying. We import s- bout 100,000 tons oi coal a year and the saving on this article would, there fore be forty or fifty thousand dol- lars, and the saving on other com-

cr twenty thousand more. u been told-quite recently by Mr. it. 1:. Hutch that the Charlottetown mer- chants have not been put m An

from _ . vs M“ and and comb. anqmirtyivnnh »

m» MM i» us. us matter

[before Communion out Winter‘. mo should 1 fail time, r ‘shall take it upinl-‘arlimnmt.

l when, the four original provinces lconfedsratld. my all surrendered their customs and. cscisc ‘duties to the federal government. but retain- cd their lands and natural resources as the corner stone of providers; gey- cnucl. -'I'hesc lands and natural ra- lourcca have become more valuable 81-000 i-htnfld will continue togrow iii-value? u. tho years _go on. when Prince Edward Island entered the Union she too gave up her cus and excise duties which werepractlc- lily all the sources cfxevcnus she bad. she possessed neither limos nor natural resources. She thus gave up in the central authority much more comparatively speaking, than any because. I. repeat, she gave practically all she possessed. When British Columbia the Union in 1871 she like the four original provinces re- tained her lands and natural resourc- es, which have become very valuable and are daily srowinsmcre so.

In 1870 the Government ofCan- udl. bought for. $1,509,000 the ter- ritory known as Rupcrts land from the Hudson's Bay Company and in the some year the Province of Man- itoba was established. The money paid to the Hudson's Bay Company together with the cost of“ surveying the 1mm, policing the territory and other incidental expenses became a charm on the public revenue Canada. Since then the Dominion Government, concluded ucaties with the Indian tribes for the extinguish- mcnt oi their titles in Manitoba and other provinces, by which it bound itself to pay certain annuiticl k110i"! as treaty money to the Indians con- ccrned. The annuities paid date amount in several millionsoi dol- lars, and will go on for many years yet, how many I do not know. All these psynients ere charges on the public revenues of Canada of which tblsProvinee has paid‘ and will con-

of the other provinces,

came into

tinue to pay itcsharc.

within her boundaries. <

of it. when we anpngement was

According tothc recent settlement made With-Manitoba. through the Turgccn Commission, the Dominion- Government will pay to Manitoba in lieu of public lands a subsidy of $00,000 a year from 1870 to i082, from 1m‘ m 1902‘ a subsidy of $187,000. from 1902 to 1908 asubsidy 010375,- 000 and from 100B on ‘a subsidy sim- ilar to what Saskatchewan andAl- ibcrta receive and equal w 81.50 rm‘ capits till it reaches the sum of 81,- 115,000." In? zidditionflilfnnltoba will receive; payment‘ tor‘. ail-ithc-Tidnds which ‘the Dominion Government sl- icnhted for general‘ purposes sinu- Maniiobo. became a pl..._‘,ce. such as the lands which the-Dominion gave to homestcaders ircc, and the lands given to the Canadian Pac- ilic Railway for building thc railway, also all the minerals/timber," water power and natural resources oi every kind and description, and, of course,

will get, all the unallenatcd lands

Provincial Equality

In 1873 when Pflncelidwurd Is- land joined the iConfederacy, she had, as we hovcaiready dtlMd, no public lands, the Crown in llmgland hnving given them all nway to priv- etc persons in 1767. In order to give this provincelsomc kind 0i equality with the other provinces we were giv- en a subsidy of $40,000 a War in lieu oi public lands. ‘rhsamount was oi course, wholly. inadequate, but it was an admission that we were entitled to something under that head. and the admisbionmsy be worth much. The lease hold system underwhlch we-lived had been more troublesome than all our other troubles combined and the people oi the Island were determined to get rid 0110131111178 the ‘negotiations. that. .mcedoid our entry into the Union the Dominion Government offered to try ibjct the Imperial authorities to buy one the British proprie m. but nothing came tcttdtho Union till

that the federal government would‘ loud us any s- mountwewlshcdtobcrmwupto 000,000 to buy out the lsndlords our- ind some, charging us five par cant on _ the amount we, bomyid

mow our ma..." u» new iii-mum public "MI to Mm."

uromaunYoancmo; Gbillie Cailum. dance) and Sailors Hornpipe by an adept, w» sumo: at Burns linpiversary in Prince Ed- ward. Ihursday and Friday next,

- - ma

"All YOU TIIEBIPF-II an iii- Aractivc unload-ll‘ being isiued by the Pure MllkCm, 1.1.0.. to its customers. and represents a chubby. rosy chock-

with s telcpho '

M12; lTlWAlT-Unitcd Church of Canada‘, services, Sunday, Jan. 26th. Mt. Stewart, 11 n. m.; Donsldston, 3 p."m.; service at Lot 40 Monday evening, 27th. 'l p. m. Kindly note change Lot .40 ecrvioc- v. ‘ .

/ .

IAINITAIING ATTENTION to de- tail, enthusiasm, and a voice needing no recommendation, are gifts that Mrs. Jock Lawson brings to Burns Concert. Under her direction an ex- celling enicrtainmcpt is assured Thursday and Friday, ZSrd-zith. 1228

. UNITED CHURCH 0F CANADA. Kcnaingtnn, January 26th, Rev. J. R.- Saint, D. D., Minister-Limb a. m. Sunday School; 1i a m. "Give At- tention to Reading." Good Literature Sunday. 7 p. m., Oiivet, "The Coll of the Mount"; 3 p. m. Summerfleld.

___.-

M SOUTH AFRICAN VETERANS-

The meeting of the South African w... Veterans took place in the Can- odian Legion Rooms lsst evening. 1t w" decided to hold their Paardcberg Church parade on Sunday, Feb. 20rd. at n a. m. The following dvcning [they will hold n banquet, the place to be decided at next meeting to be held Feb. 3rd.

J. B. C. MEETING-A regular mcctlng oi’ the " Loyal Canadian Branch Junior Rad Cross was held in Springfield School on December s 18th. Seven members answered Roll Coll by naming " a city" Ind what l: ,is noted for." -M.i|s Wlnniired Haslsm gave -a satisfactory report of the "clean up" committee. It was moved. seconded, and carried that Miss Janet Sinclair, Master Norman Sinclair and Miss Ruth Lambs act for this committee till next meeting. It wss .'.. ‘, seconded, and carried that Misses Winnifxed i-iaslam and Janet Sinclair wuh the drinking cups before the nest meeting. Be- fore_ the meeting MINING» W11 call for next, meeting was decidcd i9 o. “my lisvourite-liiook "ma the Authcr.'_’-- . , _ -—u—-—- Dominion oi Canada