i _

` I

DEG 12.. 11923 _ _ _ THE cH.iinLo'r'rETowN GUARDIAN - - 'PEE

i _ _

' _ . _' ‘i _ i __ _' . -_ ‘*~'~ '~~ --‘»-'ff-_

_ ' ' _-.~':.».--=~ ~ ._ <- --_

I _ __ . ..».__f~‘I 4g

-»-_

» IV V V ' 'Y ` ' ` '_ T - '- _ __ _ I _

working and thrift ii d i P°“‘l“f iv li-e mime. 'rii ' ' ' "

n lariie tbumbcxs yo! r:rier?“i»tri‘g in :3::';luic. dbetwxcn what igzgfs ‘or “H revealed and Wumle ?i3e!{%°!‘i° to

KI K P nn H in ‘he openuuqs mi8n:irii:yIIl iere is nu unempioy In unt_\:Ii"~il\Bd wnttlwu iettive :ui ,tl out total deposits show a net for their dtteiulln go

ur the ar i i th p o ._»i,,. , "“ “.' "’ '“” "`°"‘ "f "P "”°'“*”‘° wr the your r u oo °“

be appreglasisd ll]:\(:2';¢l1-:Z-'¢;vhig" UH-Lint. iuos incrtuscu icuii I-oi Iliiii is atc U ° "'00" of "N B‘hk‘

i-lose of the year.

K H um "0" I 1 ii lion Ito )

wltni--iii it niati-tial en ni thc- iioiit iuiiilii-ii ,,,,,,,| ,,|X,,, _,,, I ti li-inklni: iuiil t‘i,,,,,,,,.,__ tliiii|i:li toni<liti~|itl.V L

'HUD iiini-ii) Air Jiinn Patterson briefly

NS FYEA

nn aI1 _ ` 1;, . r .

At A ._' K rllliittni:e:i?:IfQiT:§Iv`;7i!ig‘t'r:nDr:,'Ec£:"*;1i;’:” wuiii tliiiii ii. l~i ut priituint _-it::i_:tll'i'i|iil';(":I:Ll"4,‘Iuav'I£:; "' |“|i$\'l' iii 1"’ I D ‘_ PW" "Will !¢1`

0|,,.II,|_1n5 ,,.v,_.Iw *bu ‘ww b iii i-xptiiiiic IM lU~.A§El.l ll\\l~~i'l"\l|<}_\r| “"1 K-\|stuill\\l¥ lvl Ui 5

I rt t I I I _. ,I I WI Tl" nlqmmg olqrunk iii triiiiiiiin or tiiiii iiatiiii i, , eiii of this Bunk tu receive

y ni \v iii|,iy_,,| ¢|,,,,- . i iiii li the ii-nt ui i.‘ii \io|.ld with liui. mv__,,IIm_"I~ "uw “and In tori' iapullll lrom ytetl' tg HU

Ba n ’ W (AWAY) irii. trim l ld 31 t

‘ ' UW' .i ‘ iiiiiiiii toi us o ieueiyq ,ugh g

A ii iirii wiiu ii ii

d D lllli. (ll E\l'l‘l0N 0|‘ . _ ii nt i \ mon- Ull iiu iiiiicu.-ii: of 45,100-

on I 1 at ' 'NF|""‘n` ii- iiiitliiiiii ii (‘iinii|ii ,,5 ,me liaiikliil: six! inwimrithlliip um' oui :lull diiiiiilz llii yi-at Tlilii i$nt‘ri;use ;\,l!:“'|IL=I|§m°. 'uct “_ 2"

w 'I‘lie ri-lntivv Iiri'ii»ilii=|i\Y ol' liiisl 'li fi-I ii iiiiitlniiurivi- of ri-iuiiriiiily hu" “" lifilll ll liilii in I :J funn' i` In un run" Ur gn" edgrd ”"°‘"`" tleipe l me "mt 1

0 an H:-l.;i‘i-iIIIri Jiieltinltiii Stalin and i,i,, -"'ilL-llllliiitiiix' li!-.iiidltiiins with iioiiii, ihillilioiii war bniikiiil' ioii.~ilt‘,i i,lii'il“,l,)., ~i‘i:`iil;`?,imf" H I that we tiolil:renln:|l§re':ia“|;1yo5;i!'hi!3

ii* tis » 1 ltr iii uitiiif ~, il o In l i ,

Qg ‘num und nlixill oft :rio l~4 iiiiili IH" “I (mmm "mul rm .mI|:;U|III»Ii| id In "mi llvluli: liilin lii‘ii.\‘iil qiiizui |;:::‘Iiilii`i|II;hr:;i,Iii|i-ini~iitii of uri; citiif :.ii:ilri::h:4‘ti‘D|lIi¢:nyn?!e&r dltagz’

' ' iv moulin) i-

lt must not be overlooked how

ve that the coin hi,

iii thi- lioinlnlon (jovi»r|,mL~n,__ um

nianb\;l ngliluns, which

' c an o '

5" °“ ‘W C“"“"“ xiii-tid thi- .iiriti~ or arfaiiii iiiii i., ii

,_

Cm” I" E“r°p° -‘5‘"“""'|> ‘*"" uiiiie ii-iiiiuns nit initial D r Qumed mr hy me WH" In IDIARIIII W thll 'MDI

well iibovii the avi-rage 1' lit! iiroiiis li uwal or ceitain large i oi

ECW-llvmii' conditions in (lorniiiiii “wtintrlita “muy dlmmwhcd had cormnuuun "“"‘"‘~'““» Hen." -mm-I' u*

e '__ mmy 8 "sued nm ,,_.,,|,, “_ ,md ____ her _Iuhm MIIMI Im"iIIiLi.i.ualiIIt It u tiinadiiiii :‘;)¢rrL<mIiiiuiied ouiiiiii ini. .vuai ii., ho hothiiil could Ii" ly "Mid" U-Hills' ilu- war. iruurantiimi '" ""“"‘"‘ “""U‘i'-H for nr<i_~ii<»i iii-iii iii i,,.i-,vis t'i|"f,l,l,,':`.'JJ"" 1-wit iimllilfifyn ilinsmagtfiiliucdow *nil-l|m\fi:; grtfiuxi-A ‘tlsmtiie 'v

f IL

llit ioiintii ii t I . ,i..ii ;

\ ing ii li i iii i iiii'\iiliit< ` H :i`o:i`iii‘ Triduzlrliiil ‘Lum hu* ‘ |"`“"| “”i|\:|i::i“lilhhaHiI im" "Wing" U' """“"g v‘l°e!ll’.‘.ld.n‘k ~'

c ntrc ' 0 is gt n ,_

th _ .7

snuiiis uliiiiiiil \\ liin tlii-iii. ati- .ii think liiiii io ,_-ii ii-rl;diltutlili-“l|;,I`:Q“": oiiii iiiiu since aural'-:St 'St 1:3110 ,H illlldlltlld redtllll HWY BVI $4

' 0 'i I “ '""“" uuiiti the

ll e i ii ii ,i,|i-.ii_i

litiiiililty t I , un | i _ - i _ iii _

W111laimS*Taiy10r Ggngral M H E h i~i_ ii. riiiifi iw iriliif iifi':,|,I,|,','}],..'I'ff‘_'__‘f___ _fini :vi_'i'.`-uh.:f:,iiiii'_.',:;,y"§_';,'.,,,""'§_ _ """.}'h“_.\l.lf',`,T` `°'"" """“>< _»-i ' 1---ii i-i iiiaiiiiiiiiii ...tit "MQW B :‘i'i;i,§)il,T,;",':",_‘f,d°' ‘“°“"°*| "W

9 a ' :’\;:Illl"h|IiI<;l|_thcur;-,i,II,,,,.|y I,I_,N_I|I_____ 'wr ;iiiI:i'i'|l;'i-,IH iIiIrIil&ii-ii;-Ii-iiirnt iinii tliis l.- this i,i\'ii liaiik ,-.,iitliiii,~s iii ii I;f:_|_'|'_“‘:;'|lIx:l’i Ii»i'Itiii»I wiiittiiiha The I_Iwcml_r¥° °£“’°,I'I"°

' W' piiri-1:iiii» wiii-ii °’ "“'- -‘Milli iw.-iliioii wi li i ~ __ _ 'I- _ ' _ <1" ii lie inutttr ii, |

Iiliiiri .Arn ,iii-lliiln ' I li i . 1 i,oi»<l ~_iiii U L.i\iii_ioii I may iiitiuu him always bag”

i. ii ii if-i riu-i ini. iiiiiiii iiiiii ii,,iiii,..iii._i ~i.i, iiiiit .,,.,,,,_.ii iii\i,,_iii q::iidm=lii,,`f"r "“ ot min wlmsii el\in‘,i¢t¢°m

nit und lm ruulve 0

llii-rv was nliiiiidiiiit i-\|ili»nr~i- iiinliiix TI" ("':N| “Al \l.\'\ \(,|‘|l's li our ii\\ii iiitiiitly ii _ lui tiixii, iii Cuii l d 7 P |l,ll \il\¢‘IQ

uiii tiring ii- analiii hiss ure Q

ii- into iii il ii , ,, ,,.,. , __ _ A|)|,III.`,_ ,|,,,,,__I

a iiimiii, I ,__ I ._ I I , iiriiili veiii tiiiioiiiii ri i “ 5 'Ui'

WM" H-“ms qli'iIi‘:‘Iv ,Mil `iiIi‘fIIIuIn,I: I New In Q' 4 _i ii.-:~iI,.i~ ii... iiiiiiii iiiiiiioii ii, iiaiiiiriiuiot?U\i)mri,"'“f‘ Illia, the Banu ot Mont! I

A I_mdImIh “I um Hn" and 'N n mm uw u(n“luI “Immun UI lim. Ii‘I"I.k '“'immliIi:ii_ U il i |.|i~i,_|,,, Iiiiiit lull iiiifiiiiu iiixis on our uiiin :‘l1|tii:ili£n{*’d||v9 IAP $0 ll

’l‘he l0l’iti\ Aiinua G`enei'iil Nec-t The siiiiiitantlal dt-cri-mic in iincni give] » ,urge Incmam in the num iwiiiii-nio liiisliic-~ii liris hi.-,, mm tiuii midi his .iiiiiuiil ailiiri.__,, _,__ . .ii C |"u:,h‘. M( “M r""‘“" i’||:.`I\i|i" ‘NIW ‘Mk “"“' l""“"'" "Iiii Iidi-ni-a 3( éinmmgnd an 'nu'

im: of thu i!hi|.l'i‘holdo-rs of the Hank Dloyiiiont--which has iiilualiy boi- gf ni-wr-nmf-iii has occurii-d and ?,‘_‘:IfI$_"lFm‘V:li\ irrr-ati-r f-,,,,(|qI_,,,_,_ foiloii “liliiiiioii ot tiii- blink. is lilf ixthv | i»,,, "IV 1Ii;»rii,,,| ,ii with very“|f:'cu‘;.|eD1‘:au':.i§':‘: ‘

I » _ _ . _ _ V -I n .|_| . _ _ inai ii qi, _

h il | ti ii, fi iiiiihid thc Lim mark is iin un tiioieh tlii- ili.iiir~ii are still iiiiiiili I ____IrI__`___n __I_"'I"'_':I‘k 2?” :"':‘|' iliill ‘iii < luilrman and Gr-iitii-mr\n - i""':Iy "“" I°‘|;"“| (~<'\<iuiii~iit ii.. iiliii ,..nii,,',ii-:tm::;\l:i:‘Tirilildtnlgizngml i)n‘duI:fraTtcr>rLhTnkI.‘}\l‘° ‘M350 ‘

'ill ii\iil li ll I Why

,if .\lontri'-ii was P n in iiir

lu-om ul the lii1nk's Hmidniiartf-i‘s “Hill sl n I bctti-r i>u~iini-ss L uitiiout hope that thi- i-mn edit iliidiu-i-it

, ~ ti - i v _ liiiiii- t r- i _

h ii 1-iiai i i- r I-___ _Im _ um Im U I in iiii oiii » ihii»ii|,lioiit thc y,,,,»_ | p|,_|I,,,e)

(iii motion of Lord Sliiiii ni-s.~iy. I ' \lni'i-iit Mi-ri-dltli Iiii t~ was

'l‘hiie has ber-it mnio iiuildin

I; iictiv f i will

ly lu|niJerlh|.:‘ opoiatluiis havi- in- (“\""_ _h°':'" -“Id lil" olilniiin liiis iii-pf, Ii ii l .iii,ii_ siiiit i tlii Iihii t ii iiitli M, HM __,\ _md I

iuused and thi- lnipullillil Dlllll tliix-)ui(-Hiftr(-l¢.iitt‘m ‘init r\\ti-iiiiiriri ( tioiv biiiiit you iiii >oui i,onsiuii , lilviisi- biiniiii and iiiiiik sliiiiihlilililln iii tiiimlriiijihu-m'\I`l runs hav” "mn unded the r"°l“'u°n

-ii won I mv.. In~,|,,.III,, U, tiiiii. and iii iiiioiitiiii,_ “WI ul" ti ii I Iii viliut i.i ‘ ` iiélii it iirolit eurriod Th

_ . ,,I,.,,,__I _ __ AN "M bu" me e motion was unanlmoiigiy

ii

Sir .

icniii-eil-il to tnko t‘ii- L'h:i|i L d _

- (‘ - un Papo' huhwuy ‘N w‘""k|"l5 9105*' Tllli lil “DFW 0|* '|`A‘\"0v hiisiiii-ss I nm, Iifiint mit tl t il 0 i i sliiill Loi H

iiiiiiiit upon |_ , iiiiiiiiil-li tlii. i\Ilni_~.ti-r ,,f |.~Innm___ I, _ ur War* was Ior a num Died

\iF- Ul'\1fK°» iA\’cih||| moved, in-c to capucltv '1‘i.-\t|ii- niuiiufai-tiirin°

iiiiiivd i»_\ 1\li~. G. I.. l~‘i~iiiit>i~-, thiii has ii,-i»,, i,,~i,,_ ,,, . _ . " i sin """"""'~' <\<|"~i of r-oii,m»-riiii . .> Ui--|ii..iii tiii-ii,i, _ iiiii . nil, i- - “_ “.4 IL MIHN und Mr' Hartland mm I lmdvt limi' I:;iiI;`i:I<;i;`tctIIII_m,’I,I),‘_ ‘giuI,[I,,,_tiI`¢;_ fnti,-nfitrlzlhhiié Tn: "aw nw "M rmllluml “lm umm me ii:i`i)IIIA,.;u”II: u,"_(Ii`,|_ m||wIomilI;;“IuiizwlimI.iIiiiiI,o,,-I I ii.i\, ,iiiiiiitiiiu tire T;(iii'i]f‘niff` r-Tlfiii _-,,illL`;gS;`,°|;;lndan"_l;(3III‘li?-i:If gf ii, liiteiii-ii|:_ill be appointed to acl. tiuld of thi- wuiqiiiiii Iiidixiitii The levi-ii say the iinperati\'inrs~i of :_r:I‘““‘ fir luir~,,,,_ i,,,, ,,,. ,_ I.IIgh__I \ iiith iii. li_iii oi.>ii.ii.id iiiiil \\liitli ""i¥iiuiiIi\ ri ii ii, wr 1,' ‘V Tm" iilliiili loans in Lrindoii viiiitih indebted to you for this I:

iiiii-ral output is well maintains-d iiiodr-rutiris iulbliil l¢l\i1li'>l\ f'“‘|“'“'- niiiriililimnt hm H N ‘N “mm""'b"` "‘ "““ h"“ H i-<1-riiu. oii _.iii _iiti,ii- I1 -\1‘t \\ iicii iii, firiii- iii- `\:“~i in ph “nr “"""'- <~-niiiitui.-d ii viii “’"" Cvhiinuud conildeneo ilfnq

mdm ii ,,_,,,. _-,,.I,,,_,,,,,,,n ,,,_ .iiii tiiiiiiil ou, iiiiiiiii fifiii, ,,,,.| ,\I,_,,_____ ImmI_m In Mm I"ii:I»Iiui:ii:.:"tL¢;_i;iam. ,JI our biiii|n»,»,, liic- administration ol' the Bl

is _iindon ,,,,,,- whiih we have this honor tg

iii,-i iiii_u_

\

Sir \'lnct-nt llli-rr-dith Iiiirt. Pres

mi-iit, iii ii<idi~es~iing‘ this Si,ii,~¢,h¢,m i.i.- iiali'l':

n

production pri-clniis mi-tais to ilirhii-n the load pii~s~iiiiir ui--I ,I,,0n_..I_ H M

_ - _ _ \ _ iiltnzltition iiiiii ill f(‘ 5 U ti 1 y

|.Im_ “__” (_I"l_I(_d ummIInmmh_' 'thin thi, l<_,,,f,I,@,_,n ii(-|,| ,H ,_,,,,\I\ huHI,I,_,___, and d_.L,3,-I,,_,I; (|_.\I_|,,p “huh trmh Fmmm rf I i o iiiiidiiin iiiiiikirs, |iio|i_ilii_v ,is ti, _i ,~in,~ ii niiil lnam-i..i~i _if i r,ni,.|i, .,,,.,"|I__`_l In r I li sound His Honor Henry Coe

2,6 lhtrl is lridi-sri viiusi- ini con mont of iiiiiiuri-rs 'l‘li¢- mainiii of |,,,IIInnlIm_, ‘_\'"mm__'9 ‘;_u""f):;* "I1 1| 1 ._ as an, ,I-_,, _,,II___ (,,,II__(IL___I___n' fini., thi- iist \ ii- \i-i,riiIl-ivirowi-i iiiiduufi? ,'“V_“"“'*|°' to tlii L_luut_ Governor ox Unllrl

-rin.; i-in-siui~ i\-'I--ii Aim|m.~is fI§2",',§,'§"i,§2,.,uf,'I,l _,:,'"f`_,‘,",‘,"` ‘“ """ i’f°Ii*-H--I -Iiii :Ia-iinsiii-i mIi\~m;iI<-l\i‘~`»\I"}_‘f iiif-¢ rr,-.iii-i iiiifii-i ,~..,,,I,,,I1__'_§n rcs; ii, i>ii.s,L lid, uiiiiiiiii, as ii~.ti\ii___, _,~ ,__ 1'," In mi- If nic, _ I iiiiini-rt thi iiopi- iwii,'“i)t'r-irlmit ,,“,_b“" m°`°,di, "°,§'"d?,d ,FY I»“"°°

' ciii a ct iy i- i-ci ii ,.I,,_um( _I I i iii i t |o~i~i iii _ __ ’ - |‘Il i-_its ini, ~i L; iiiipi . " ' an -ion, at t e t an sg tn;

taxation, ia condition that ri-tiirds InI__,,__.I_,“:`,I,'I,I I"n"lI}i'“"‘ I" U“" "“" U--~i I-'sultliig iiiiiii tho ,i,.,,::l___"`: _roi .i fm ,iq imiirriiiniiiit firiin uliivt-m,;f“y?|‘(fI'_““|I'Il]ikihaiigs will take be to-ndi-rod to the Gene( I g

AGRI( L'li'l‘I_llAl, 00‘\li|'l‘IONs oiiteipiiii- .ind diiiciiurai:c~¢ thiift ,,,,,I,_,._ “IW” hm _M “Y U"‘H f‘\|-4 ioii ,.t |.ii~iiii~-is iiiiii iiulu~iti\ "" *liridnoiiit nf tm i .~ ii tion of Ciiiiiidi uiium Ur " '°*"\imD rr. the Assistant Genet; H

in making this it-miiik 1 um not',,__,.,,nI,_ `I_,I_,I'I,__(Iv‘Vr' ':1"""` ""‘,° " ""- ui’ iiiiits li_i~i iiiiiioptii "lr" “U” an orrmung h' Lim “Ui UW BUD-'rluu-ndenth, Nl)

To C,(,“.n "II _I h,,I,,II_IfI,| h,,I\.‘.,,, \mmI“dI,,, nf ._.,m_. ,.I¢.,,,,_ ._,I,m., 0, ‘nmrk(_N and thmv IH ]Pnlq(:‘m\I\`I1‘Iilf||qs .iiiIIiIi'i=_ i;iouiiii oi iiidiiiiliiiiiw. iii- Il? I‘:]“f‘i’P°F’\I1n0 fto point out that No niiriririunili i-i lost either bv lfiixlntlhayd “hell” o|'!l:~i¢rlI lil’ Ui!

‘ Il iii-‘_ t ,_ iiiiitioiis iirid i- our London ot out e r 'NV' W" ul' "U (H0

llill' |>‘Uik|i1i§ )'eurhi1s boon ont- of hun been itii ui the viht-ut <'rri|i im

_ pio\i-nic-nt The rising ri-vciiiic of ,,I,Ian,,f_ nf (hp cnnnnunmm U LL, iii to li-itin to Iiii

i that ‘um ilutlis ui thi- l aniidiun lit Canadian “ffl

I ni<ii~i Au- ln nl’i`oidln ri. ‘°`“"' yn"

, D

"‘""3' Pl"`l’|_“x"~|95- UUI' iii‘oilii,'. iii irivtltlv i\>_ii-i-ding any fiiinii-i xii'-id thi' Iioniiniiin Gow-inment iiiiiniisf-ii ,.,,IIdI I0 Dlitiiisioiis ul at,lti.itoi=i iii .

""""“°" `f""h banks “L h'-""“ “ml” I" ll \`0\UiU`Y no vast ii Cuiindii a balanced l>udgt‘t iit t‘ir~ closi- of IIIa(_p:1 ‘T ""0 ur‘i‘f|liii> if-iitiif-tion is ,,,_|_ I,_|,__ .mm _IIS “|h|L;:‘|‘"'I'“ -roi iitiiiii si-iiii i iiiiiip i i facilities vi‘IlI Irv Rsnlnmncp ‘mr SD(“°mn5 '-° this "WND all fillrllud- “"‘- 'Wt 50 |lli‘l§o ui-i iliirlng vailutloii In production ls lm-iit tho fiscal your iind if nut ni this I, D n or" N “nr d"|“’“'7"\‘|“ tiliii iiiiil ailliiitiice t U" ` ll1isii|'idii~t,.,-,ii |,I ¢, ,III ,__ _ l In I" I l1ioW towards di-ve or Henry Cookshutt brle We wiir and siiccecdliig yi-iirii, bitt I abil- both in i|iiiini.it\ and quii|it\_ “nh r“rIh_.r r'c-diictlfiii iii i-iinendi' nrmwmq mrnpd "mn" h“"d"d I-'hi- iiiiliiiiilw. ian iiiu -mmm’ hmm" tlii piiiilii ii lin iiivi- niéitifrlnii IU" of |.\\p0 it-` "ado 'emuons bf‘¢\i9tn the to the emlhant BIJIIIIY lhll IIJ ,'_-,»i iiiiiae it has been a trriitillcatiuii and It octasions no nilsiriviiiix that tuis i-cinios some it-inii-is|o,, of dir ““n` Hs \\. . __ _ H r"I“'“"'h"` iioiu- iii, thi- \~i~i,.iiiitio,, B: tl: Im - ountrhm ilimwn by the officers of tis Iiii' you to know wi- have been iibli- soutlii-rii 'ilunltobu iinri portliini nl' tv-t taxation upon titidt- it \\i|i iiii n mv “T‘|““*'\ f\Ilt\f‘I' di- _i -ii tliiiii i~i Li i i~ii- mi I Hs I ii 1,, *IJ Ru” I'r"'*‘|`\ muniifavtiirr-rs nri--tnklrig during the pttsi. yelrs of dn r

IdI Id (I V II - ion uiiiild iirui ii- iiiilt ol' lr- in iiiiiii io ‘ “ ll "U" iii i ii i i it iunniii iiivi- ‘ i,:i,,,,`:¢‘:.';wr m""“" 'll Ui* Cl-il\u<l.la|i flfliililiiill Uiliilltlnlle expreaafi'

lil lilly our usua \- en its \ e as southi-in Saskau-he-wan ‘iiivo sul doubt.-div opprnti- to ilio ,gi-iieiai I > uni.

_ _ . I . iii~i. it l~i ii 1 _

\\\0 Der tent bonus. f artlal cio fuiiuro from advantage Ilnissanifnlnciiistiy and uouid not hi- pii.iiii~, iiotliin, iiioit lu” M” I-or ilu iiiioiiiiatiiiii ot the public Tiiure will no doubt be it Ckbliwwwn that ng wt' dugg, . .

i- in great ll B rl\I1i'\i-'tironien gt g

it ered a p p h

The li-iiiieiied profits are dua part ins(-ct pests and iinfavorahle wen t K ron' of me "°““"y M \l 'ii hell I i. ti i - "' "° m" mc" °'h‘“-` °"" °“°'-“mer” "wr bm ukms' the h“""'°“ "5 “ 'NIE nEsEn"|" "F “EADY Estlhlclimiifi§~u\ifna§2;!al“%;?:§Le gm" If" cc:iii;lt)i'iicm' pPlt>lllili.ie.ili|:rci£:rIliif,;|rri =¢ui.lai.iuii.“ as \:>.;l:$::e!E (dit YeTr{xinof:oi:rli:e‘¢;tJi!o:1 wi kondon next had premrved nn 'nmmy M'

V '“‘"“ if abroad iieceiiiiiirii ie ° “f ‘“‘="'v°\”“li°n. rue t piomoia Emvire Exhibition and Ithtiugflmh gfiligdgrméagidihla Yhtiil: iniguq

our in 0 ou

iiiii-e ieiiiiieit less iiiaiwiiy upon uii_ Whole it has bsen both abundant in MONE\ dI,.e(.Ied .Immd be

the gold parity Y BCI-I Upon this I-_ I. II II

coiiiitr t lv ri ai y io iiiteri-iitii and emi; customers from Canada and aiu wnrid

,,\,, 01,1,-fiy i,..¢,,,,,,,_ y,-,_ fem ,hm ,,, yield and excellent in quality bu d y 0 an _

\'ii-iv of tlii- pusiiliiility oi’ untoward It is tlue thai. piiueii of cereal., The nromm roiiponae tn the rr-c I un el pxmumr mqdmnn" W" whil ig mV°rt“"‘ _ °"¢°""-~ lint-y uf banks and ii k ff wh

mu" make han” NIOWII i aooimi more than \i\ OF BDF ediit-ate and train thong c:i)nt‘;`;ir;:lai° VlC::.o`;nl¢}uxtP“r§{Il?Icr:ii"l:li“ ng ‘ha .Gr The mono" "i “"T‘.‘ 'nn

l I l ki li coiiilnui: l v\_ iwii i-i\~ani. ill, t 0'-I uniwiii oi' tlii- 'iiniin-i= \liniiii_r-i _ -

x 0 I pm U ‘ un _ ‘ nf' Um" "\Il‘ inl< i-nipio>nii-nt in banks, gn 3,- Our Vlaterlao LIBN th 1 °"i%\‘° l"|°Ul¢

l-2 IS

U ,, _.V,_.,I ,,L ,,,_,,I_,I Ii ii iiiiui to i-t~i.|ri- thu inatul' ir Iaownl _ iiiioiiilv. ivvllaii . _

1-ioiw iw -mr inn- ' '""”l D- -1-<1--' the ,.ii,,,f.. ,»_. i_.»_.,,..,, _,__ __,I_, _,r piiriiciiiiir n'“““" will i-e_ iii i-epiyiiiir to this in oq,

i-xi-i-iitiiiiiiilly .~iti'oi,i; to i-iial>|i- us to iiig qtiutiitiiiiiii, the i-nu|'liioii_~i ,iioi _ _ ~ - §,IA_l_‘ `

- - _ _ ii- i-1~ of Iiii- rf-nd ri-soiiri-.s-ii iii' lhi- ' " i- l iiiied ‘4 ' P' - I i' ~

_ ,,i__., ., _\,,,(,,_I_.“ t it ri on <. iiiiiiiitiiil _ tho Wes F (I _ -

‘ ' ' ' with - ` ‘ - all 'I`:iyini saIrl:-

li-,iii _iiii it' iiiiil \i‘iii~n i-iilied upon ti ‘ul wlivut gutiieruu io|iii-stiitw u_ii *_ “ dl I Y I

do _-iii. ' amuuiit uI` Iiioney the circuliitiuii iii' (-'Will U" PMP “- Sillisvrlntioni-i all .-io iiiiiiiirtuii. I b ' ' ““ “iid 7-lblliitilii-7 und tu pulill li ln eu

mug, ,,|»,¢,,,id 5,_,,,,,,|,,,_,, b,,_,,,__._,.,_ i:i'i-gntinriz $200 000 000 nixidi- wli.h|n w_3Ill‘§ E3” I“P|"|‘"iH _l1i§T@l‘ iiifil that I may\ bent-xciiisi-dnl?) Inreme';,dt “nd °‘_“"`l vii the jauriiai of the A; shui-ii. Hy reach ‘lf U10 hotels and Gvntlemi-ii I have to thunk i

"UI “Iona In me I/Vest’ but Lhmugh I, wepk ,B an event I,cI,,-c(_|y Ie” L/mted sn:(t;1BnmlIid(iIstilcs ln the gh” ,»,_.,,m,__k comalned In my addllfem sociation. ‘ \\ hiie _-,,,,. pans _-WIC? mnun for your vt-ry thoughtful rpaiiluti

ir.-ii iii i~oiiiii~i-tiiiii wiiii t.ie balance °_“‘ '-"“’ D°’"\“iU“ “iid i’“"“'\|l~ i"\l"3\ “mum” ""1" me """°°""{‘" "“““"h ini; are not ' if: U enlg wheut mls l° ~"°U I1 year intro:-(.iinads. cannot The °"|y d“'~l°“ “|1100 i1\\P0S0d ln b" " ‘""“¢ C°“‘<’Y\i"r\ci to i"iir:§isiwhl°h I “‘"u"“ y°“' l’ d°"°\y _._,,..__,__ ,,,I,_ ,_,_,,,I,,__.,___,_ I,_,“.__v__,_ IH.” liiiuidiitlon of di-iitii in an-rlciiltiii"l ‘"3 “Y “"2” l"““" d‘|"’"S` UU* “iii” __0n'(IItIon_ on Iriufmp “lg \‘U=‘|“°“** Dl‘ui;rei~'ii as she should- ,_,,,,|, our upon the Asiiociiitloii by the utiv 'iiuns und othf-rs vliiliiniz l‘ray,;-,_ ,¢‘P_"e°‘U~'-‘~`d- I *UNO i\HVf‘ K0 Gum \

rt-us. l`iii- i.i'iiD lliiii bei-n moved ox »` 'l "l" U I- f“"'“ ‘“ " "‘“""“t ,,.\_,,,,d ,m'_| ¢n({rn|‘:_D 0 nn? un, _ """l UI' ll\'|l1R' Rnd our ta-tation are "rnm°“" are Wlfh i”0§U~l'd I0 clrcula- ‘S "l"" "mkliltf Sleiidy Drolrri-'ss' in‘y°u °n m'h“l! “Y th" A‘""*'! ‘M ' ‘ ,.(||I|m,,,|y by nIII» I.I,IIII.a_I____ "IMI I -,ri-Ii,-rits* ii-ss ll I Ii, ii-"I ‘lf i|,I,iImsIB Thorp IRS nm IhosaIIIlll.~;]I;.tctoiIy ii»ii.~4 than tii~i'iis.~i the |1,,0_ Lioii and the iiiipiiiiitiiieiit ot ii Guru- Txx"°"‘"“‘~' "W l""""“i'i‘ “Yi iroiii-i-ni "WU Mnnairci-g, Sup rint¢.ifI-tits, I 4 L I d ' i b v \|\\'4‘¥4 ||\l‘|\ Ulu( \‘ I llr np: \ H yi'/ll ' ` , ' |‘ VU i , . _ _ I ' it -_ _ ‘ , _ ' h_ 1 Spf 1 1' ' Wi" 1’ llfi lmiiiiiihid \lVii\.i» I"\\\ I I I _ (I h no MPM UI. iiinii of tiiturc- iirdr-rs on thi- books (I"'I"‘d:IlP:"1rlI<»i::»mlc. piiTitln,, w,|| |l‘l';cII_m_ IT; ‘* Lum* "U1 ,,_'_‘,,::, K3"t;“‘;f1‘tI:"’;m;I;I‘ngi\-’Iaf;;if’ gf ,__ mfxgms “nd Finf

'iii x or von! <‘ii,‘l5 I-.-f.I..,_

iii-\'t-lopiiii-iilii n iii- iiin iii.: wor ,

iiui t'ii.~li |'i~:ii-rvi-s sliiiiild be kept ifriiiti i,l` w:'i-i. but _ 5 ' ' ‘ _ rn _

i- “lUi'\' iufiii* ` ' " Ii " ` ` ‘ ` " ii i-i-iiil lntlii- - - - ` - ` ' ` _ I' ‘\i..

_ ‘ "“" 'f “"‘d‘l""-H H- _...ii _iiiivi ii.. ,. ""' _ n -isefiiim-iiii. iiituiiiifi iiriiriiiiri-r si, irriiinricu wiiiiii

w

'i'ii,-ri: iii also this ‘im-ldi'-.nct-_ I

nuu-li iii~a\-ii-i Laxaitoii to tie consld

.~-i iiiriiii and iiiir i-arniiig' powi-r so “ i-oiistuiit tliiit_l iiavii no niisgivinus P :is to ilu- inuintiiiiiinci: ol' substiiii U

i,,,i pi-<,|\t.i_ ii-r ii! Iiuropi-, is in fair way to lit- 1" i""|1' f*'<‘~\|i'i “N Y if I1 ' DI- _“,muI. __I ' _ ‘ ' no ii- ii ii it- ,ry iinti

i`ii|l niarketiid before an tl ~ ' ( “'_‘Udll rluiro than $i0‘I_0‘i0_"|00 f __ ' u "mm m_"" "W," Wu” “ --~i ‘ 5 ~ f _ “Hi “mf it 'ii -_ _ ""‘t- - * »

" "“r Nur itizo for tho ii-uson that th Hu' m |m|‘"“_""" "m_ p".b"" "V ance ‘siiiletbisn;Ji';\u?vhLhutd -hay “E h‘“"’f |`f‘Df‘1ltPrll-' rm-,xii-i-il fr-,ini ' ""4" ' "l "' ' '

_ 3

which havi- bi-i.-n absorbed, \\e iiru _ _ _ _

ilobbr-r and ri-tiiiirr i,, (- .1 ‘""‘ “"4 \\i»~udil\ui- uwiudintr '"“ ‘*'- ‘ °‘*"Ui,tri,v.~ii.~,~i ,,i~rf..,., ,,,,. ,,,,,,,.,I,_,,I _,___ iyeiir.

rin-_ linivic Arr nlzviiimiir -'Guin-d- I - -

- ‘ _ 'inning to do our own Ilniinclnir - ll” /U-'U1 ll- _ - ' ' -

\'\ii.ii tho relatively low prici- 1°” art, b -i » f _ iailwi1y.i_ Miiuilstd this year. to c nt ' -ti - ‘ ~ _

The rovisi-d Iianlc Act emhniilr-~z prevailing' for wiieut. u conditii»ii:§},1,(,;`ii’iT_f'i: Jiokrisi-Ialyiiiitglficggxlxfiiwggiqm 'ml' hx; fthe tr;i)iril;iiil;’[i;Ti,,-__t,‘» ;,T,\x,"_l_'I_lI`I~ | ,-¢.,,,,,,_(. .0 _mggcn to Ihc (mv Liie iiroiisuins or the ii€\\‘i;nr::v`islci; ,l._'_IT;I:‘II'__I§° th: helpm) "NACE °f °“r it ilitftmr-f§"y’\'l c}i=m;‘o¥-VII' hott csmnd

that m,i.y piii-sisi. for some time ii m II,'“(_ I) ' I ' ' ' ' any lair.-_'e lnvcni.<- ~ . ,.,- _ II ` ` _ ' Bunk Act, The mi..-f ,_»i,_,,,I;L. ,,,,d_._ ~ m“Yi F hvrrses-*_ " "W 0 “Wifi

_ . I. . _ Im. ‘n me Im,I____ iiy iii raw iiintei- tihicnt t tit u htalthy and inorc- - V - - _ | N Y . that l have i-in ahirilnir fr-iiuw 1,

sucmn impuriitivo that oi-r v- tern ._ N" n _no . , iii 1*. - . . _ _ __ liabilities is the addition I 'Ad " “W 0*-k “here We ha h d - , __

iiiui-li ns bi-fore. neither t-nliiriri-tl furincrs should ai. once rJl'o::i-Lvsrl tuiuIi‘|`-lm"‘~|mn!' 'lf nad) m°n°“ “VMI |'l‘i‘:e ll,]i‘iir:.`iI-ii“i`~1ti\;i’t'r-Sli (:"?i|ha;\i". i`;`fmiii!;¥r?‘::iiii:::lifi`iliLH[w]nidhii“m1nc°"’ vuiiciiia by tl-it Govei-iiniento under 8" ““""°Y fm' S|X!Y foul’ Yea‘r§ and 'N 'M "in A `~,‘;"" my M nn nor contra:-tr~d: but Droviiilmi has dlvr-rsii’v their crops and' enter uri It L Im m‘°"mD""' f-1-nm-ntrati-it domi-~itlr hiiiiii-iiti-im:_i;,'i 'liiii-il bv thi- i.i\ihiir-ii't.\|liin ,f:>;:8i§i$.`I'y lf’ Uilfik -\¢'l_~ \~i we ari- not ,,_,_ I“"“'"‘ “0 0CC\1m‘ n position of t‘r°~_ A' 4 M "Mn Y v L nm' M." Q ii iwvn Inadi- lii tlio way uf wlili-i' iiu~ on duirri/Init' hui; and Doiiltry mls i - - - ` ' _ ' ~ -~ ‘ _ ‘ iu\vi-rs Iioni the iioniiiiloi G - '"l"""'-“"9” Hm'iXiE! the for l ~ ' ' V ‘ " ‘5"

(II __ __ _ ‘ _: iioiliiftioii r-osls iii - t »i\ tiir- pri'-_-i. i all i- t d. ' l _ ‘ ““‘" __ _ _ "f"- __ _ - _ __

it loruinix 'rituii E ____ __v________m__ _ __nm__H;_ "‘_"I_'_X __H____ I__\__';‘h[' IIm“lf_;Mf‘n‘_§L‘ *0;l‘{h__ iii.-iii, 'iii-.,,_.w ii., aiiiaiiiit ii,,.i_~,» _-lu., _.J ,,__.,,.4.4-. __ V _ __ I _ '_ '_ _ _` -

no novel principles. The powers and |irlvlli-izcs of the banks remain very

iiiurlly or auditors and .iii-iivli-r ro ini: ii’ only for their own iii-r-di, ii .wponslblilty of directors. by which i-iiiirw now followed in iiiiiiiy oi'

'iil'H~|if4- il ‘S h0lil‘d YO Hli‘\"ril.t‘t‘ii>n thi-Hthu \\’est1_-rn States with iiiurki-il 1 Nifnsunrd for di~nositoi's and siuiri- .»ii,»ri»~i,~,_ \\'i,ii¢ tiiiii may viiiiiii _ holders. _ s ti- to any tin i-ri-iisod liiiior, we should w|iiiiiiii.,_ hnwevr-i' rirri-I tiic iiiw. tiir- _-ii-_lvt-ni'.\' qiii~iii_iun hni-ii ri ninri~ cont:-nti-ii iiiiii ,. 'lf bank”-*H-*~ fm' lim! UH\\i1‘i‘. f-f iiiviiiiiei-oiis imoiili-_ Thu dIi~ii¢r\intioil

i

"il b\iiii|lf'_'*§*-d0P°%lil|P UI"iYi UN! ill fovlliig iiii\i>ii|;' llio Iiirmf-r_~i of this U'tIPity. diliironi-i-_ rind li°‘l'si>\-flilfili' West, which iiiis lim-ii in i‘-vids-ni-e iii :if the inanngr-nii-nt,

The umt-i\di~d Ai-t i-onliniiv.-i In tho iniiixh piilillclty is nelilii-r in tliii

iiporatiiin ln Ilnant-0 rind crimmeri-n. nor of Canada as ii. wlmlr-_ An i_~strs.lni-d by considerations of \'i-stlgution into the causes of farm iiifii but not so hampered as i.o;\'iiiiuri-s in tho United Stat'-s has

hunks scope for widi- and iic-ipful intiirestu ni’ the western fiii~iiir~is _

i

- ' Y. |.i~ovi-iit fair profits under prudent broiight to light the infuriniition, iiiroctloii. in this connection it may that in tht- viirit mii_|oi'iiv of lc-noi.-s L

_' - f

I... olisf-rvi-il thai, dt-spite thi-_ notion thi-v wi-re dui- to lack of r-\pt-rii-nio

f\i'|d"ih Hum" Q\1i1i`l"FB i`°‘i*IH*\'!iI\$r it siiortnizi-. of ciiiiltni and uiiwi~u-_ ,i tlii- prnritithii- nature oi' bnniiliii: ri-i-ilit i-xtoiiiiion on thi, ,iiirt of tiii-1, i-iiiiitni has not izriiittiy sought this hunks. The sumo cxplutintioii i.~i an N siiiirei- of lnve-stmeiil.. In thi°~ qiuir nlli-nhlc to slmiliir conditions 'ng ti-r ri-ntury. from 1876 to 1901, the We-att-rii Canada. i i~=i_pltsii oi' Canadian banks rt-malnc-ri( “Im mn. I.I,_.,I_ _.,Im,-_-,.,_I. q.,_,i.-.fi r >-tiitlonary. and ln _thc s\ihs<~qiinnt_III,.,,,_,,' wI,I_I.L. Im. |_,_-k ni' viiinpiin- i Iwi-nty yi-iirii of rnpld commf-rrliil I0II,,|,Ip I, vkminiv I-__lt_ [ \,..\i,.,~(_ (hu, it ""“`l"7"m""'~' 1"” tha" mo-000-""0 if a'lrIiil were iélvi-ii by tlii- t-iiioni7.» i \\'iis addr-d. iinrtkiiipz rvsourci-s. ing coinoiinles to plni-init Ht-tl_i\'l'=‘ i" '> "i‘"" 'mm d“|"°""” h“V`” b(`°“ d'~" conimunes or vliliigcs ns prztcilsod -'- "“"`d mr m"“9' y"*U"' Y"-‘Ht "VW" lh Fritnci- and other l'i-iwslirii voiin- 0 froiii nifciimiiinu-vi rr-servo of pro- II_I'__I_ ‘I “.n“Id I,I_,,\.I, Il ImpII|I,I- _»,_`~| N” "1"" f"""‘ \h“ |"""*l""“"¢ ‘if wi.-ll as it nucvoeisfiil vi-ntiiri-_ "

into yenril und wliicli Iiii.-¢ bi-i-n i;i\i~ii I

I

' S 4 ~ , D wiioli- iisltion iiwiudiiii.: thi- risult tm” h`"d'"g

Iii-spite Iiii- iileiot'i.:iini7_»-il stiito of l' ’“" I "*‘l""‘ 3 L" ""i"l- "‘ "d"*’\*"l _ V ` » "

-luroiif-iiii iiiiirki-is, Iiii tori-lifli ""li_Si-i'\'iit|\'i~l3'. but thi- viiliiini- ri- Ui U\il‘ Nilliliiliil li=li|\\"i.\' "l'<‘i'1\l|'-i1»*- “' ""'°""‘ "` " ' f -* *"- riiili- oi' (iuiiiidii liiis lii~i~|i i;-r:til`\inli_v lniiins. f » ' i- \' - '~- iliiii i ` _ ".'.'_l- ` _'_ " ' " ' 4 ."l“"" " "

xiiiiritliiitn ln -tliii si<\'i-ii niiiiii is 1\liill‘l I`i'oiii tht- ilistrii-is \viiii,~.» -- ,pi-il lii tlir -- i 's iiii-i. --_~i »-~ __ ' '_ _"" _ '" I"“‘ "" - " "`-" __ ,_ _ _ _ _ iln_,;- iii-iiilii-r fllst tli: :ii:i_i'i~;:ii i- “`l\\`i\l l~'i'\’\\'li\i1 is \li¢~ sole li\d\i_~4ti‘\'. 1 'U ' 'if ‘ '»‘ cii oii ii _ _vu uns r"“|'m"" Ui _uw l'"h"m"` ducléd I , `, "" * i,i~i i,~i,,i., .,m.,,,,,,..., , _,_ I4, _ i.,,.ii,i<..<.< iii thi, wi-.ii iii ,,=,rti<-iiiiii-|`\-'<'o\u\li'i'-s ---icuii-'--fi in iii' -var fr-im ` -°.'L_ .“- " _ ," L ’-` " ' " "nb `""”"‘“l"" """"'

_ - ` In mm" lm" “L INQIHL i-i. ii,-i iii-,i iii uiivi! M i I _I

.il-_iiiiii it gain ' ,2,.‘lii-|_i>ii ~ Hi-i>ii_ 'I`ii-i'- is iii, i-oiiiiiliiiiit from ' ‘ii I; l -_ ‘ - ___

.nut iii pf-r i-f-,,, (WM. IIN. i-ii,-~..,i i- f.'ii'nii-i's ', ~ ‘~. -- _ I ' _'i--iii-iirim: o iii iiiii-<- 'ii-ir -iii~ ‘ ‘ _ I

,¢,,,,||,»,g I,0,~I_,d |___`_I_ _\_,.m__ |~I __ _ ,.,,.i_ _,ii-,,_ ,,. ,, ,,_ ,_I___ \.__.__I_ _ _-_ I. __ I _ _.I \|\-,,,- u,,_|l 4i\niillir-r iii-W i-Iassiiii-iitliin ' liirui-iiii-nt oi' ,,, ii,-1,., |,_.,:,,II - - t‘iii'iiiii\i4 is ;ii'»ii~ti,_ii- _ ‘ i.:ii t:i,\iilioi\. l~`iii'tlii-r, i‘iiniiii:i is "F" ‘“`*"‘_‘f “"4 lI"‘““~" l" “*"U"' '

\\ii.,‘\ii4t iii' ifi"l und has sim-is i-oi\- -io i-iiun " :4 -i, _- . ,_ _"s\ifi`-'riiit rom ai: iii' tidvquiit- ‘"'"'“““`”'. \"'“ “ ' "_ _"" 'P ~ » . _ . Uiililfi “illifllil i|il'*i”i‘\lilIloii wlilio ¢iDi‘i‘:itliii: iinxg ii‘i>\intlntLi:i(2:iliri-i(fil`l:ii=:ii: 7’°P“‘"-um* "'“'rly 95"". I ' '""" "' “N ma and UN “mn of u rhh aknc 'n |993" dlflifmi l‘XD0rts have Iiii- iiiii hits un 1-cotioinlv-‘ondltioii t'i'oiii. A. the first two iinndit-ans dlii |"“_""' nm v“ru""Im"‘ "h“""’f "V" -i' : nuniii-r I’ in nrt" t i-ii -- owed thc- same-_ coiirso. This hi-.al wiitcii ovvr expansion' aiiil inilatlon lnliiii. wa shrill doubtless rittriir-t 1" ` "W y‘ ' p ` U

- - ` As a result of it-siit-lied business ' , ~f,w , I, ,,,,,- __-i _

hy and hopeful sip-:ii of ii-<-overt-d iire iihiit-iii vih.le labor truiiliii-ii i!Y"'»itf‘r voliimi- il' lniinilrlutli-l\»i _ _ _ .

- _ _ iii-tiviiv our own cui'i'i-nt loiins iii -iisxipf, 0|" h,,_q ,I,.¢.,__q_,,I_,I‘_d MI. ' *

` ' _ loivicv- r1..i,in_ . I"

iloiiini-r. iliiriild Kinneoy \\ilIlA ‘ir‘_\ln.<t»-i' "Y \"'_f7i"-t M1-rf*

r¢_ i='_ 1-‘__ \1¢.--.ui‘:, K 0 I.le

i‘ii ir--~i H""'-rt Mn son t’ M 0

_ thi- itltzht llonniirnlile Inr

rude di-irlvcs additional sliriiillciinvi- have been of late niucli li-_~i~i iicuti-_ iiind, what is still mole inipnrt.ini_ _ _

rom thi, Iiii'-t that lt is _not the 1-on _ we shall ri.-tfiln tht- pc-oplii who (-lliiililll “ff 10-*-i lil' $3-0UU.l*fi'i livin li moving of our branch to larger and

ieqiii-ni-ii iii' rlsini: price-iii but of: (‘0NDl'I‘l0‘\'S IN l-\'lI0l’[ i-<in,i~, as wi-ll _ii ii ' iiii uriil iii -"""" “F” mil” '“""’\>‘ ll_l*"\'l`i` \'Lli'\'

\li£Il\f‘I1l<‘ll ftilfltliill' lliovf-n\i'I\!~i i-ri-.iisi-_ I‘i\i-ri.-in limi i-<-oiiiiinii* siiivii- F* ‘W" "` -'f " 1"" ‘I N _i"‘ vontri- of thi- Ilnimclnl district. The

"Ulm" 1-* th” r"‘\'|\'li| 'if UW F'_‘<P0"l1' 'l"l\~_ uiii-ilttlod stutc of iutiriipi-iiiililiiii for tlii-_ Yioiiiliiiiin. The-' ri-ini~Il\` l"‘*="`d luv” L" bc mV"“"" "_‘ Hill- iii' no--' - -. >»-~'_ ;.L_

rrifll- ln wood and wood Iil"i¢l\i"l>I cr»iiiiti'li»:i i_l\'i~s si~rliiiis conf-i-rii iiiiii is ln iiiir own liiiiidii iiiiil is iiriictii- 'l HI =-ii-i'\iritii~s oi- i-ii\|ilo_\'i~d ii i-_-ii .

vhii-h in thc- Inst si-.von montlii-i hits irrni-» iinxii-ti' to thot-ii: ciii_»i,_,_ -fi iii ii o. \'o hiivi- oi _' von: iii- .» _t 4-tins ‘In N-w 'ort iiiiii i.i|iii_,,, ii - i,o\'ii'iinii-nt was i.tvcoi'il<-tl I`orni

- _ _ » . __ ,,-i,,_~ -.~ »_ _ _,v.-- ,-- _~ ..._.,___,_,_,__,, ,___ , (__,v_._,,,.,,.. _ .I _Q i. ,-», _-ri v I <._ v 0 Jam

1-ni-hi-rl ncnrlv un large ii viiliio tit* iinuiiie and ._»r,mm,»r,-_-_ ],,,,¢,ii-I of ii'-rsiilifil .iii.l iiiiliiii- affiiiis mor _

'f - /if liil4‘i`0~'l iiiiili thi- l'iilt¢~d Status and l-`riiiii-r-, “"‘“’i\i`i-

'l`li-» nu-i-tiniz thi-n terminated

_\i ii -iiiiiwiiiie-nt mei-tinli nf Di

_~.»i.,,-_ sir \'ivir---nt Meredith Be __-_.__ r._ _ i.---1.-ri In-i~,rids-vit. and B 1-i__ ,-i._ iii.-'mn Il. li. E, Woo re-

n thi- whoii- llsci\l'yi-iii' 1921-22, iiriii ,-_.,,1i_¢,,,.__f il,-_i lni:,,_____,_.,ni-iit iu,,ii~illi-vriniimli-:iliy tl-iiiii ilo oiii- iii-ii_ii » -

'\\|"h bid! fllir Ui l'l‘i-11|" |'-H -'if‘l\\'- i'ur ii gsiiii" iii.-i, thi- -.itiizition iiiii bour:-i in tiuil iuoiit w¢~iiitii_\' :ind i iiiiiy ,_;i_\' iiiiii thi- iiiiiiiliiii ii... t.\' \\_\' ri-tison of tht- dont-iiriiiiiiiitv \,,_¢_,,,,,. w,i,-,Q to (hi, .gi-L,-i,,,.~_,i _,illt‘r»‘-i--siii-iiilliii: oi' till i-iiiiiitrii-.~», thi- ,iiii-tiiii»,ii oi' oiir iiii_~i,i~~,~» is .ei-i'iitiii- I' tiir- Uiiitvd States iiiiirki-i. for Imp,-I,,,,,_,,I,,| ,,~,,,_},» ,mil ii [iii-thi-r United Stuti-s. :xi-ii with uiiri-iiiiiiinii ieiiri- b_v tli.~ iir piilrv and punt-r. 'i‘hi- di-i-ri-ii~'l‘ ,li-i-li-nsion in the vuruf-, ui' a i-r,ntiii» ` ,\,ivr»ri,it\- is ii iii-vi~ri-_ ti-iii-iii-r but Il:iiik’,- ~-\i-i-iiti\i- ,iiiil by our ilozii-ii,

f 51"~700<00° l" "Xl"‘"`¢-" 'lf "F-"`i"“1' i-ntiil r-iirri-ni-lcii. \Vi- in Canada ll" out of iiiii- ti-liii~i of tiir- l,,,.,_',_,,-._ _-i,,it_ so i`:ii~ ii_~i i- iii iii- _iiiil,i_'i~ii_ .~i|ii-i-i- .ri-i~..,,ii--ii i-y .\li-_ .iiiliii liilti-r. urni nrodiivts since Mrtri-i'i llirl ii* not escape thi- perriif-loiis i-iiiiiii-it vi-iil‘s siiri~i\' i.-:ood \\lli i~onu-_ iii- iiiiil Iuli |ii-i»\'i.~iiiii, iiii.~i iii-.i-ii tiiiit thi- iiiiiiiits iii' tiio Mr-i-tint-I f\l'--

ni-rtil <‘.oii<iltioii.:-i in`.\lix.i- ' ' A ` ` ' -i-~ >-' vi _ ».i-, r,,,.i oiii- i.,,.-,,,.-_,_ "" "“ " ‘ ‘“ ' "“'

.__ ii..\i \. :

-_-_ _'~'I --i 1- ii-

trlos. _ _ _

i "i i

In Si‘i»tinil»i~r last thi” .\lf-x'v- -

i n s_ \..

'I‘ll.\ N' l\\‘ 'P0 tlli`l<‘l(`l-IDIS

_\lr_ '/.1-iiiilrin Hi-iii-rt lliign ii\i\\'»--i

» ~ii,ii

i~.-ti-ii \'ii-i-~i'r:-sid#-nl..

tirll-iitnhlo to tlii- lnti-r pi-rioii iii. ,,(.,,,,¢~,, .,{ ,_,,, in,p0,,,,.,-|,,h,.,I ,_-,,,.,_,_,__ I

¢ ~.,

’l`l,i- Si:i‘iil.i-ii-i-is iimiiiiitid Iiii t

__ __ _ ___ _ ___ . ,ii|i'iii->-i- i-i»|.nris.il that )IIi>sIirs glam

i., f _ _ _ __ _ ‘_ _ I iii..-Iiiiioii, C. _\ _ and i' mr ts o .:.:.__':: ..'..r_“.':;*"'._."..’_..‘"‘Li.'_f..tf.-J C. A- <»»» -»»» -__

- _ , __ Auditors and the lolitwln on

Qwest' “n_(.)_p(_¥mf u \'f_ra_m`h,_'_‘_t ],“:1_ nu-n duly i~li<cti-d l)l cc‘t.o?>|°--

` ` _ i-`m°i\'-s Angus. J. H. Ashdvivn

_ _,,._ _,__ _"_, __ _ _ _ 9-iitt_\'. lx F., I _ Vi l`li~=iu-fi

‘ ‘ =»- I-ioiior th-nry f\ir-linmitl

.~ _ i

ni~i\' capital, n condition which lt; may bi=t‘on\i'-_ di-siriihie to f-iirri-i-t| when trafic i-xoni\ds_ in oi-dc-r to| miiiiitnln an Itdi-qiiiite note clri-ulit-| lion. "

lll'§lNl<19§ IN' C/\NAl).\

ilu- yi-iir. iltlitistlcal i-vldi-ni‘<- siir--_i-ountry. The F‘i=ili-ml Gov(-rnmc-ni is Doris this conclusion. Iinnk clear- niirsuinir the out-st for oi-opio with l ililzs, rnliwoy rr-N-ints. I`oi‘c-i.gii vnin- irronlcr i'-iirni-stni-ils throulzh its mi-ron hrivo-all incrcasiid. Sixihli-,various intent-ir-ii, and thi- ioniz- lti' of rommodlfy Iirii'-i-s has bf-4-n nhnzilntainod ai-ii\'itii‘e of the (‘iiiiiirl- fwnrrtiilr- fnrior. mir-oi|i'nr:lni: ron- Inn Pnrlllc l'irill\vn_\' in n liki- ¢i|i~r-i°- fldsnro iirid inducing' (ret-r liiiyliiir. tion iiri- iinnhntod, This year u rclit-

IMEIIGIKATION I'

rt little hom- that tho ni- linnilprriillon is iii the wiiy of suv- 'i ei'-ssfiil solution. This is i:<-iii-i'iiliy "

lIickey’s

*_ ‘ _

The Chewing Tobacco That Has no _

-' Equal for Flavor and Quality. The I

I Black I 2 Twist l

"&i=‘

rl und ns thi- zri-nt iitori- ri _r_ porlq _md dmIIn,R _._ m__ _ un N.

" li* » iiri

Iiii thi- \\’r~st mov!-s to mark t. th “.I`II‘_ I,_II.u,. phpiiiiitirins r-iiii' ' ' M

Thur# litlil COMP S|r\f'i‘ \\’<‘ l'\~"l iii"‘;""""l‘°“"-V "““"m ' N' """""“'“"' fli-iititiitv oi' i-niiiliiynii-nt nnii tiii-| I\I__IIn“_I,I\.. wi- mu.-=t not i.,\\'i-,- mir -

"’hl"'" "r \ ' ` |-`l,ii;' nor is tiii-i'i- iiiiy iii'<'usio|i fiii‘

iloiiii: so. i"iii\uiiii lius prii-i-li-i-'s itil

,-,,ni,,,;r~,, ,i,~i ii ,iiiii-v Io iivi- iii, li- \

and to pliiy in. 'l‘lii~_~ii-_ _ _ _

\'liiit is niiiri- to br- nnnri-Ili.-iiiii-il is ,m_"m__ nf I_“I._.I,m,(_' III(_I,, “.,|I |,.

ii-ssc--iiiir of lil" \'l\\"¢‘Y\iiS\"L' ""“" ri-iiti-aint of triiilt-_ with its i-i-iii-iioriI " “r f“r"|‘:“ '“""k"U"‘." '""""f“'." in both priidiictioii iiiiil prlt-i-ii, (‘iin--

I-regard the stntc of trndf- in ru,-icnowledizt-ii to be thi- most ini- ii-fi' I\_=l>f‘f‘i of Dui’ ff"'l‘I£`li f"f\'1<‘ ‘S _,du i,,,,, \,,-on fui,»i_v ,-_,,~,,,,,,,,.. ¢i,,,~i

f‘riiiada as ha.\'lni: imprnvc-ri rliiriiiir pnrtnnt rim-iitlnn confronting thi- "‘° su~=t.iiiv-f-rl -wi-i-ss of i-xr-fi-'ts ov'-r Im. In IImImg InI_(_Ig,I ma,_k,_I,, ,-.,,»

work in b I H _ 1 I .i l , ' " ri --its ini uri ‘

"_:‘p°I““t' nm n“'"r"I‘I`l° h:`"I"‘""I` \\"’ l-‘\`lidU"\"- t`i\`:;i::~N (I')i'i<-iiils in thi-

.. ns si'-von mon is *nil "` i . - ' ' it H l iiiiii llnli-d bittttr-ii, who iiiiw litivi- $li.'iii_-

-"""°"-"°“- “"5 "‘"` 1"" ?"`a" “B” ,_,.(;',;‘ffLt-,.xUm2:,,,';iii:,, ii',;‘,f,!,`.-i=,,i'_\-_ i\0o_<\'i\i\ iii- iiiori- i-iimi-ii-I-‘H-ii.\' iii- - _ .- _ --_ __ _A .- - __». nnn‘nn0' _ h t trnli: iondttlonii ii-n\'i’- mu#-h to vosti-il in (Xinntlii-rind thi-5' ‘van , v ' -i ’

' it ‘J

A" ‘““""' "9 E"r°p“ ‘F “M '" n li: tlosiri*-l. Uni-mplnynii-nt is si\i‘i- without r|\it-sl.li»n_ tittrtivt t ii.

fi ll ess of time the p,-onli- ui

,.~i=i`tioi, ii, ii,»,,ii hei~i=i~ir ,ir hor I ,' I -_,__ .,,,,,,,,,,,,_ ,___ ,,,,_,.,_,,,-. ,,_,. , H ____ i~'if-/im-r nrrirliu-tlnn fncilltii-ii. slit- ;_';_';('] I‘_1'__,,,,I:::l,.‘“l.,,I II). (~_,,._.,_,~,II,,,._,-1,,e¢.g_ I »-_~;

"“""- ¢“ nm Qxlem '-""'k'_"“;I`{"“'I;(_’;nf_; work on public utilities. ri-luis? ri-'ol f'roBDi‘rity iii full nii-iiiIiiIri- unii- F--- » e e 0 S D a I"-ll" “ ¢"`"“ " “m‘°"".‘ " I i ‘lti liirizh riillwiiy _-xii-ri-_ g hiwever_ return to ti ii i~ouii- - _ from iii: to fill her wants. but ns ,rim :I:;I;‘0i‘vI:Ichi "mum Bmnmuw mn Iiloy. ‘mlm agrIcun“n_' our I_III__I_ II: _ I Y

I l emerges from this condition I tmdo of the c0mII_,.\. Idunrm becumw “gum ,,,,,,9 p h

. ,_ .

firfdv yrodiices more efficicnilv nits ‘““"'““ I" I( nf b Th I I I IIN I»I,,_n,¢.I» ,,, , ..

D I _ Tim,-Q is' apparently no In I iilta ie. gmc; hom bw" hard' mmm:

_ will be able not only to sunt- \ h°!‘ , 1 I \' tmf-n -

‘il “'““"B‘ ‘mt 'D mmpne with ‘W ir:1r?dwi`\'org‘ Tgmrmi? fiitrrthon isa:-hnnu-: {?isIot\i?.;it§iccs for prodiicts and hiirli .

m°m "ff""""'“ly' l'iir-tor, Fitnriiiliin i>loim‘lr;ii;:]1M1In\ii (i“§<:- :roi-ituofnigtli\1II;‘i::I§;m:; H;l;:‘ll*'m_‘:_'_:";‘I‘;" I

. . _ - - _ - 'i .> ‘\"'-‘ un e_ -2 _ "‘

'rim Nmrioiin. n/i|i.\\i\\ ,“"':I“‘IAff‘_§‘_I‘_'__'§_"°' ,_ ,,, 0,.. r_.,I,,,, of wi.,-i<I;‘,,~,IiI$y, ng; _

fd I

_ , _ _ d

Q It is ii satisfaction to lc-nrn frnrnl In Frtinno thi-_ pi-oplc nic hard ::;;:;\IIIs<‘(f?i‘:\':|liI=I""’('i“m ‘(!_‘;mndu' Am_I(_“I_

` _ ` _tiiri-,_ liowevr-Y. cannot bi* i\"\'i\\liYi; _ _ _ _

' F ““"" "°"'°i§`,'§"¥‘;.,»_~.l.‘.‘~,_‘,"`f_.'ii§_`_'.§1, Yi. ‘ ALLEY’S have a host of Xmas Suggestions in beautiful and use-

iz Our Entire Hollda y Stock ` lf ls Noyv on Display

\\'o now ask the pleasure of sliowing

our wonilcrful iissortiiieiit of Clit-lsttiiits

M,

ww-

i\i4"i the \”°f"‘i1i i\'\i‘\"’Sl WIN f"""- ,i,,.~`, ,,,,pi-ii,-i,i,; i,, ,-n,,trii<-ind rx- (<\i\'A|),\-5 |-|¢i(,|~:|.|-,sh ___ _________

*¢*` §

"W:-1** "1

I,

91

ii- _ _ _ I _

' ‘ """" ‘ ' `\ i 'Pk "1-'~ 'i_ 'i'.mi~:_~i ' _ _ __ U

\'§I&$Js\ll

_‘,' , '

5 ' 01° Published reports that under the I0

~ lu=w'|nunagemeni. the Natlonai_ Itali- ~ - ' . ‘ - ‘ § _

Way ii earnings show u. surplus over _ - - ' __ _ j I -

wor n ex e e

' ' ’ ` - " _ _ . , _ '_ ._ ` _ _ '

_ I ._ " - x i _ ___ W. '. .__ _ ' ., _ ' __

II., - __ __ _ I, . ii I ,_\ | __ _ _ I _' . _ _ I

'. 57- - .' . '_ ""4 _ ‘ ' it -.- -ii,~i.~-i _ri . . " ~i _ _ _ ' ' ri qi' ‘;§ i`~.; ' _ is Il ' -' i. .-~ __ _ .___ _ ‘ . - _ ` _ - '

_ _ _ _ il i _ _ . _ _

r ‘ I » ' ' ~ ' ' ' ‘_ -- . _ _ ,' " ' - I ' ".-

- ‘ » , _. _ ._ _ '_ '_ _ I __ , - E . ._ _ _ ___ _ I - A ____ I _ _

" .. ' ~ ' ,.' _ __ _ " 1- ‘ rw 1 - - _ i ` . . il

4 » V' _- _ '~_, ,_ ' , , - _ ' ._ ' I ' - _ , _ - _ _

_ ' ‘ '_ ‘- ', _ _ _ iii ,_ _ _I ‘ f " ~ " _

"° ' " ' -‘ll fl ' -' .' ` 1 '_ ~‘ " "15 '_ _ 5 ' - _ _ .'._ . _ *_ 7. ` - ~ ‘_ . " '_ ' V -' `- ' " '_ 1 _ ' ‘ ' _' N" ' h -':_-__ 1 _-- _ _._j : _ I Ii- » - _ Lv I - i' -~ i- ~\-ii-.ii ' ~ i;_ I ;`~ -_ . _ _ ._ _ I _ _ _

. _ _ “ _ _ ' ' ' ~. ' ~ _ . ' 1- 1 “ 9' ---H 1--~---» i- --ii - » A ~ _ i l qi

_ ._ -_ _ _ ~_ » I V _ _. _ _ ,_ I, __ _ _ ._ 4 .

\v ~ _ » ii -li ii.~i iii' '|t>-_ J

s rc ‘ ‘ ' -I

° - ~ . _ __ _ _ - _. I _ _ . _ _

- -- __ ‘ -_' _ _,___ ,_ ___'__~ ._ _,__ ' _,__ ___>~ I.

° " '=i-- Si - i.i'.-i -.iii M A A ‘h H ` V U I "til - " ‘lib ~

ii ' ri- __ I_ " _\_ A “_ ni

_ _ -_ ._ _I si -_ A i-‘-_-i "Ik \A\:iii'A ii.-i‘.- _ri ,~_ ir... i _iii iiti' i. ,_,.. "'.‘._ "`_"_'1I ` 1 '~ _ _ ' ' ~ iv- _

- < _ '_ - `» _' -' _ ~ _ ~ ‘A ~ ._ ' » A ' ' ` ' ' ' _ , ' V ` _ 1 I _ _ _ I 4 - _ _- I _ NA _ iii tl _V il 1 inet - or iiii l -r ,,,_ - ‘ -'_ _ - y . . _ _ - ' - - _ _ ‘ _ ~ - - - . iii ' - . - - - _ ,_ - . '_ _ _ -‘_ _ ~ _ _ ,_ _ ‘

I' _ 0 __ I 4 _ '_ I _ | -I I _ I _ I _ » I I _ _ __I__I_ IW H ' _ _ - _ _ "

. _ _ V' _ ' ` ‘ ' ‘ I ~ I. _ ii; iiil ‘;- _. _i ' » .- _ ' I. ‘ "_: ' `

5, __ I _ - - » _ _ 4 __ 4 0 _ _ . I _I _ -A Iwi, " l an _ - ii. i _‘__ A _ ` __ IV I I _ . I

I _ _ . _ I. » I .~ - }_ _ .- . . ._ _ I I' VII "I '_ H' 4. ';_- - ._ _ _ _ I_ i~i' l_i _ _v , _ U (I _ _ _ :_ . .

. ' '_' _ _ - _` " _ ~ _" _e _ I ,__ ‘_ A - _ .

ii.~i _~'i-iii-iiiiwiii itgil that .\lr_ (‘. H. ' ' ` , ‘ .' _ _ . ' ' " ~ ` > ' ' - - ` _ i“ “ ‘ » li I'-rh , ‘-,If ‘ - _ ' -mf _' ` i‘ii,ii}‘ii iii- tlii-_ . tic,-,.|,,,-y of Im! with plrtispi-L-ts of tindlinlnisried||irovliu‘lai and municipal. in ‘ _ ‘ ”I___I‘_"‘ pnuwinn ml _ 'Il' I ' - ' »| ‘ 'I ` ` " ` -' '- I - `, q

oi 4 _ _ I~ _ _ , - _ Puiri-_ni-y ai, in ii iiiiii i,.._.,, __ l,.ym__ ,______ I __ Hi---1- this _-ui-J--It iii' ii,.~ i_»iiiii',itf.h_.w,._,_.r I" _"___, ___ “Im r Ml. i ` PNA

_ _ ' , -._ _ I _ , ._ _ ._ _ .- , ~ _ _ _ _ .' ' -_ - .I ~ _ _._ ' ii

. . .- ' - `- -~ _ . . ' ' - " f"" '~ ‘ ' -f -_- 2 .- ' "_" ' - P iifi_--ii- -, L _ 'Z ' ` - _ -

_ I ._ - ' _ , A' _ _' _ I _ _ _ -~_ '_ __ _ I A _ uit' _-ii-li _iirii nli - i. ii ,|,`_. ,___ _- _ _ - _ _

t » - - ' ,.» _ - . ._ v --~ ~ iii- "__ ' J: - - ' - - -' wi

_ . _Z y - _- _- . _-W _ _ I _ _ 'I _'_ ,IT _ _ 'W _. _ 'Iv 1; ,- : " | I,,,_,I ,‘_l_ A » , I4 _ I ' B

' ' _ ' - ' _- _ -1 P `- in -~ T _ _ ‘F _ f" ' '- _ ' ' " '