. channels and finding them.

'1__

- makes trade with these countries practically impos-

wlttlu l llllN l

5.“, “$.91 1337b Ill-CO per year (llellvcnd) In advance I ~ "-'\_ll|¢l¢ ll ndv w, In Canada, and $3.50 Ins- U. p. n.

. '“"I nilkll- J- lt. llurlell. Editor nut! s ubllllu-n ‘ . . . D- K. Currie. Associate Editor.

f. FRIDAY, FEBRUARY e, 1920,

My E

-— :_'_-_- J.‘

. PEACE AND TRADE.

‘Self interest rather than consideration for the

' 1;,- 128 0f other nations will probably be the hastening r in_tl=le United States ratification of the Treaty iversailles. This self interest is at present being

p rely tried. The United States is losing trade ery a that the rate of exchange remains as at

1 nt. he British pound, the French franc, the Ital-

r- n ire and the German mark are, and have been for UQVeraI weeks at a discount in the Uni-ted States that

ble. ‘t Because of this, European trade is seeking other_ To Great Britain the ‘fall in the United States valueof the pound sterling did not make the serious difference many people sup-

by Mr. Joseph l". Rinn.

HOW A MEDIUM CAN MAKE $5,000

Non-Splrltlsts will wait with cllr- iosity to see if Sir Oliver Lodge, or some other representative spir- itist or medium accepts the chal- lenge made in New York last week Mr. Rinn offers to give $6.000 for _unyone who can produce a spirit or satisfy a representative committee that there is any possibility ol‘ receiving a message fronl the next world. He will give another ﬁve thousand it anyone can tell a single fact about one of live persons whom he will produce. He will give another five thousand if any of them will tell him the contents ot‘ a letter hc re ccived frolii Dr. Richard Hodgson, now in spirit land, but who was prominent in research work and texposure before his death, anti wllo is now in constant cominulli- clltion with Dr. William liyslolnac- cording to the belief ol‘ that emin- ent scientist. lie will give an ex tru. five thousand to anyone. who fulﬁlls any of the tests or produces

run cnsnowmowu consular: ‘

lierbert Spencer. nor a writer who could lay less claim to the title llilln John Ruskin. Well, read what Spencer wrote about art and coin- pure it willl whitt Ruskin wrote

come to the conclusion that as an interpreter ol‘ arl the scientist was nliles behind the enthusiast.

A Fake Seance.

.\ir. llinrfs series oi‘ challenges were made in a til-lunatic manner at the end oi‘ a seanco beforea New York club lust Monday evening. He

which was ior a long time under the impression that he intended the performance to be accepted as stip- ernaturnl. The result m... that the sceptics kept on lnaking- the condi- tions more and more (llfflcult. but MrﬂRlnn met every one of them. He duplicated all tbv tricks froln the lillle ltintlergitrten, horse play stunts that so munynlvdiuius lllll- azc their siluplo audiences with, and wound tip with slate writing. In the early stages he used t-illblirti» intes, ﬁlell, "with an zistonishing appearance ol‘ irustvrorlllincss," as one writer says, who came forwurtl ‘to corroborate by telephone calls lo distant parts thut Mr. Rinn had illessagvs milt-s_

about art, and the fail-minded nlusti

uppearcd- before u large audience,‘

. _ 4 I _ Others View 'l’oiut

04-0-04

i. . (Brandon Sun.)

Tile world has been literally: gn- ing lo pieces. to hear some folks tell it, ever sl__nce pessimisls dis- covered they were able to gather a

vcrowd to listen to them blent. The

facts are. that it has not gone to places yet. and it isn't going to rright away. Canada, according to some folks, has been tottering to its full ever since Cartier sailed up the St. Lawrence; but . totter though it may, it has not faIlen yet. and it isn't going to. Cheer up and bend to your work, which is the scourge ol‘ trouble. the damnation of pessimism. and the salvation of mankind.

i Belgium in Coming Back.

I (Albany Journal.)

i The degree ol‘ Belgium's recovery is amazing ill view of the [iurptlse- l'ul and scientific destruction Ger- many inflicted on iler. ller factor- ies were not merely wrecked. 'l‘lle (lOflllilIli-l destroyed tilt-m in sucila

to make their rebuilding

shot ieleplialic w“). as

ing her trade ‘in Europe, in South America in Asia and in Africa at the time the fall in exchange cut off her trade with the United States. In many respects it was an advantage to her that exchange in the Unit- ed States was against her for it was a means of pro- tection against the competition of many lines of Am- erican merchandise in Brltain‘s own home market. In the matter of foodstuffs she had access to cheaper

P0_se. It is not to the United States market that Bri- all)’ smutmanifestations m»: Mr. - taln looks for the bulk of her business. She was push- “bib "l" I101 bbbbell‘ tbwbbbl" ‘ without any spiritual assistance.

in fact, Mr. Rinn‘ seeius- to just drip ﬁve thousand dollars, and there certainly is a small fortune waiting for anyone who will con- vince Mr. Rinn as tens of thous zinlls more credulous ilcrsoni". have been convinced that there is any- thing in spiritisln. According to Mr. Rinn there is not. "l2vcry' art-

markets than the United States and where exchange was more favorable to her. The United States would sell much more to Canadians also if the process of reconstruction in Europe were in better shape, as it would have been had the United States not stood‘ in ‘the way of the ratification of peace.

Another serious effectof the delay in the ratifi- cation of peace is the effect ill Europe. Germany was quite humble in ‘her peace making when she believed the Allies were united. Once she found that the; United States meant to treat separatelj; with her and that there xvere possibilities of estrangement among

icle ol‘ it is a fraud." he says. “lt is a money-getting device. pure and simple, practised only by scrtnlps."

Exposure of Palladino.

Willie there are nlnny people b_\' no nleans believers in the cull who will not agree that spilitists are frauds as a class, it is to be remem- bered that Mr Rinn is an zluthorily. llt- is now on the outside loolllnu in. but for years he was on lhr in side looking out. Ifornlerly he Wu: at nlelnber ol the Society for Psgvch lt'lll Research. zllltl worked willi ll:-

‘. that the fears liiut hull umlizetltllehuon m. Belgium Indus"), rm.

“Im-V‘ Th“ "no" he m“! m; (“W13heculizlrly difficult, and to elimin- ly inlpresz-zi-ll his uudlcnrt- as nudl- “m (omummonq entirely “m”. the onces at scllnces llrc impressed, ‘vat

Mr. Ilinn began to slnw the lrickm, “The "ms, Siﬂking ngulpﬂy» Says to undo ills own wori: and to prove M“ “mum, n0,- ‘he new,“ resunm the m“ “Ulmm: first ton months of i019, conlparcd lwiih those for the corresponding 'period of 1913 ‘lire thefollowing:

crow d were fakes more.

Slate Writing.

challenge was a slate writing ex-‘Sugal.’ 100 p6,. cent; cotton 5.11mi]. ploit. A volunteer fl-mu llic podium; m onuramm 75 ‘m. can“ cm. ~ >, - . ll l Wu: blintilbltlt-ti‘ ' ' ‘ 2WD “T”: ‘m! mnw“ gloom inilon looms, 80 per cent; wool plu- o slmuu e lle s i; ' ~ - . ‘ducts 75 per cenL; slices, l0 pel .~ ’ ‘when Inodumh d“ IWDOIP‘ UiceilL; window glass, 2H per cent: work better. Ilt- t-llrrlcll ills owlllprue an“ 36 p” Con‘ Fwn m? _ . . ., . . a - - SW“ H“ “hum! his “w, we‘ sen-lateral (Illillﬁ which suffered most . <. . ' t “ ‘ ' ulately on ‘lllnns- and‘ Rlnn held ! h“? resumed 30 per rem, (m? u] ‘hi’ "n-Wugim" h hm)“: f‘ l this example were followed PM“ "l h“ l‘ “mm Sam“ "mm" throughout Europe, there would sible t|i.lt under these contllllons Alison" b‘, an 9nd m» ‘he “Wing pm. wrilirlr. would ho product-ti. lilllvhmp m ‘h? Vniwd Slams’ .lld the llutiicm-t- saw that

it uzll. ltilm in liiS writhing-s euul uvouu- The W41“, Romy lncs, \\‘lllt'll he .~l:lrtctl as the splr~

His final net. before making his Con] “lines, 94 per can“ reﬁned.

the Allies; she assumed a defiant attitude. Our tele‘illflligsrln_ m, Iiyglryl; W. .,,|,,..-,.,,, grams yesterday) morning told of another sample ofptirnt spoilt-as. l: vol.- llf“ who it... German insolence when the head of the German ti!” l‘l’"l.'l“' "“','."“°"‘c' °' "“"“‘l“"" - - -_ - lt-:1|:-<i ‘tw-

Peace Delegation handed his resignation to the?" ._ Pa‘. “ "f? ‘,‘“’ ‘ ‘“_‘f ‘f’ , _ A _ _ _ . . . I us tollllnt-llt suelzll yelils ll'.<l I< rench Piemlel and went back to Beilln 1n a hufi be-H...“ H“, \‘I(\~\v$iI‘g:% m. ,mbr_,s_.__ cause he had been given the list of Germans whom"rlllllllllrlrlon. llincl. mot-p illlti our the Allies had asked extradition for in order to place or vmincnl iscit-tltius and caused a them on trial for inhuman acts during the war. B0l-i“~'"“" "““°"“ i“ -*=P"““S' °"*"°“

. . _ . _ Sl-".'l>-lb_'ll':'-.. shevism ls rampant in Europe, very largely because: _\,‘“‘n;‘,:;b‘e;°;‘,f;ph:g‘Qgr “IP50: “Fthe United States has started out to defeat the peace ,,,~ 1..., Sh“, m, ,,,,,.,-,,,.,,,,,,,._. map, ' tre3ty_ with a prehensilc toe. She amazed soule of her “sllters" by causing a stiff breeze to blow over her lleuli. which was supposed l0 collie out. o the top of her skull, ili lhe end of :2

In the January issue of the Agricultural Gazette, b115,‘, published by the Dominion Department of Agricul- 10..., a “qndshwld 0,, m. bridge o, ture, there is a series of excellent articles by thepler nose. "the breeze stunned w Principals of the Agricultural Colleges of Canadalmwe» '1‘*‘1="“"“*‘° w“? “°."_'°“‘ dealing with the place these institutions should oc-llgzziffs fl,i:,f‘:l‘""g,'§:,',n§'

' - c: n = cupy in the New Era. mg,

Principal Coming, B. A., B. S. A., of the Nova‘ Scientists Not Qualified. Scotia Agricultural College; Rev. Pere Jean de La" -‘~Ir- Rimrlws no reared for tbt Croix of Oka Institute of Agriculture; Dr. F. C. Har-‘“‘_““ °" fmm“ “s ‘"1 ‘“"‘_~’S"““_‘°' rison, B. S. A., D. Sc., Principalsof MacDonald College; ‘Zgepsvyviﬁkc Zyegisjiﬁg °§{:“,':;',;f Dr. Creelman, President of Ontario Agricultural Col-ma, they m, m, 9,5,9,“ B0,, o‘, lege; J. B. Reynolds, M. A., President Manitoba Col- I victims. m ma. he thinks that rol- lege; Dr. W. J. Rutherford,B. S. A.; Ernest A. Hawesﬂsb 011W" lb v11 bib undoubted B. S. A. Dean of theCollege of Agriculture, Univer- . *f°*°“°° “gmmf “ M" "mid “m”

same thing as him pitting l.he same sity of Alberta; and F. S. Clement, Dean_ of the Col-j Science “Kama, me amen“, o, lege of Agriculture, B. C., treat the subject each lnvqeome. C.,.,,..,,..,, 1, l, u... V... his own way from a different view point. The series aloofness of men of science from is a most valuable contribution and should be read tbﬁotditll ab“ tricky "Yb of 1:1" by everyone who is looking forward to the New Era‘ ‘Tr This? llpOIl we are entering. {as a psychic phenomenon, then l]

Principal Cuming remarks that “Whereas other lll-IYB scientist is, the mun w invet- professions have been in the forefront of the world's ilbwbttiibtbg‘!"t;“°h“:§;f' hi" councils for centuries, it has remained for the twen- ‘ lglgsbf; pesmlinlsg "lydfth ‘m tieth century to witness at least the beginning of a a de,_ec,,,,e o, anon,“ meme, ,, movement in which farmers will take their place the propel‘ investigator. This is among the leaders in the seats of the mighty.” _ {common sense Ptbbbblv the"

It is true there has been no effort made unti

1 never lived a lgrezlter scientist than very'recently especially in Canada to raise the pro-',........."""T...,...,.....

LEADICIISIIII’.

fession of agriculture to the influential and authorit-- ative status which its importance entitles _it to. The, establishment of agricultural colleges within the past,‘ comparatively, few years has opened a new era and we may confidently look forward to a time when the; influence of these institutions will permeate and dir-i ect not only the agricultural but the general thought’ of ‘the country. , Universities there have been throughout all the ages and, looking backward through ‘the centuries,

‘ it will be admitted that the active influences emanat-l

ing from these are less in evidence today than they were centuries ago. Our universities lay founda- tions, and make research and development possible along scientific and industrial lines but to what ex- tent are they consulted in the vital matters of world government? _ _ 1 ' In the war, for instance, which, with a bloody key, opened the door of the New Era which we_ be- lieve we are entering upon, the universities patrioti- cslly contributed their quota of “cannon fodder” but what influence did they exert in preventing the cataclysm. , l The seats of learning, from the common country school to the university, must be more than school- master! teaching the three R’s and the beginning ' fscienee and in art; they must lead the thought of

‘_ t ‘ r age, ‘must guide pulblic opinion in informed and

' = --scllanne1u.

Daily Selections For Guardian Readers

Furnished by W. 8. Louuon g O-OO-OO-O-O-OQQQQQQOOOQOO-FOO-o MY OFFERING

No costly gifts--

"Gold. trunkiucoilse or myrrh"- Have i to brins;

Not one rich sift

To lay in loving homage at Thy

feet, -

0 (‘hris-t, lny Kins!

And yet l come,

In love to worship Thee

Hon though "my gift" .

Be all unworthy Thee-

'Tis Just myself, dear Lord: small, frail and commonplace - The offering; and yet

l read a welcome in Thy face Anti sweet acceptance, too,

0t this. my fragile gift.

Formed but of human clay. But—-Thou wll-t see-

lt ls inwrought with love

And deep, deep gratitude for Thee -

Our Father's "gift" of wondrous love. An now. 0 Jesus, Saviour, Kins.

i lay at Thy dear feet. this Sabbath

IIIOIII .

My offering-myself

Thine evermor m bel

Refine, romoul . mike of the “pau- slve c Y"

its hogan lo lnlrst him. llatl eon- iI‘l\l‘tI in lluitl lmlll the virllllfs llzllllls in Ullv o; his, i'l:<li‘lltI ol us- ing both hzllltls. \\'illl llli‘ free hand il was t'2l.\‘_\' lo \\'l‘li<‘ ll mes slice. ;-t‘\'l‘lt‘t§l ltzll was lo wlile llic lllPS - on the bottom <itir of ll-.t- tilllle, which uzls tolic on lhl- llnor. were planted. hands were uruspl-tl as before. \\'llcn ille slate was turned up. lllcre was the lllt-sszigti. in this case the. aullit-llrt- saw lhzll il was one of lllnn‘s'lcel that hl- not free. llc slipped ill-s tool out oi lllt‘ slipper, ll rl-infti.'retl itflitlt’ \\‘lli('il still l't‘llliilll&‘.(l liIlll(’l' illt‘ "investi- glliolﬁ.“ loot. drew lilt‘ slztlc over with an edut-atled tor. lifted it up i0 111$ (peril, turned it, wrote llic scruwl with his toes. and replllr-etl it. The mediums now have lill' floor.

.___-_¢O%-—~—— V§O—QQO%Q~Q-QQfO-O9Q-LQ+O-Q%4‘

illlil REASON wllvi

O noooao 0000004 ooo<+o+v~ r

‘r1..-

lfm-i

WHY CO WE WORRY? We worry because we are able through a power called self-con- sciousness to place ourselves through our mlntls for the time be- ing. Either-buck somewhere ill the past without carrying ollr phy- sical bodies with us; for if wt- could take our bozlies with us, wt. would be in the. present again, and llien worry is impossible; or, we use our imagination and project the future entirely apart froln our bodies, for we cannot project our bodies into the. future, and ll‘ we could we would again he in the pre- sent. We worry over going to liwve an operation performed which lnuy not be dangerous, but quite neces- sary. We may s-till think wc wor- ry when the operation begins, but as soon as that occurs the time be- comes the present, and though we may fear, we cannot worry in the present.

~WHY DO MY TEETH CHATTER? Your teeth chatter because when

- you are cold in a way that makes

your teeth chatter the little muscl- es which close the jaw act in a series of quick little contractions which pull the Jaw up. and then let it full by its own weight. This is repeated many times and, as the action l5 quick, the chattering oc- curs. it is a peculiar thins that this occurs in spite of the will or brain, when, as u matter oi’ fact, these muscles which operate the Jaws are especially lulder the con» lrol of llle brain. The chattering is really u spasm caused by the cold, and a? spasms ucl independent of the w ll. (‘old seems lo act on the Jaw mtricols a good deal like some poisons which cause spasms,

S'/,/ KIDNEY/é

// _;‘: Git/ll ~¢t5l 4L \\\\\\‘~‘,s§= KIDNEY y,‘ Hrlyllq/{wl 5» I"

Bometlllns b1 atifoi - M ‘ﬂue.

, s:

(London .\ll\‘t‘l‘ilSPl'.) "'i‘llt*l'e':l u while rtmtl ll(’l\\‘i‘t‘ll illt‘ pine trees. .'\ white road l l1: ed lo know-- "i‘\v:l.s a (ifBillll routl between llll‘ ' pine trees ' 'l‘o a wee lad of llilll’. ill-Kl!

To ﬁnd oneself lstepping out lnlo a. nllglit suddenly gone mad with whirling", entangling wind-tiriven sliowllztke-s .to wulcli tile wild spray ol‘ them sweep from the etitiffﬁ 01' thr- ellves with a kiss of the wind, to look up in vain in search of stars 4o lileci a million tlcwy ltisses from what might be the spirits of willie violets or rose pcillls, so pure. s0 frail are they, is to fancy oneself part of n great While Carnival at its maddest, gayest height. Cares that persisted, business that fret-f lod, plans that. were frustrlllctlltre all forgotten and the challenge is to go on and on into the night. and be happy. But the real magic ol‘ the snow comes on u grey tiny o1 allvnce. when the llilltes drift dream- ily, yet. with a llivishness just suf- ficient l.o give each great mystery"- ltceping, winged spirit n distinc lion zmfong‘ its millions of white companions. Eyes that looked wist fully back at summer and the opal lights of litilllluli lire suddenly coin pelletl and kept by the wonder 0i a winter's snowfall. “Care casts her anchor in the harbor ol“ a dream," as the fluttering white cur- tain continuously treinbles over

uillrts ol‘ trlule, and restfully en» tangled in old memories. Buck ov-. or an old country road behind the cheery, reliable farm team, in the‘

sical, one is carried through the and valleys. down through cluster- ing. pungent, cedar swamps, up‘ ilillsides of lace-like llemlocks, nmlj silver blrches, slendelnand glisten- illg against dark pines. There is re- membrance of spruce trees bent

white, of tiny bushes touched with‘

sing oi‘ the Master Magician ol‘ all things beautiful, the wonder ol‘ it all born anew within the heart and then-dike an answered prayer the clearing western sky al the lop ol‘ tho home hill, shamelessly flushed with stray bits ol‘ shell pink, citillds, edged with rose and amethyst Just as they yield to dove grey, and the thrill ol‘ familiar things lnsillc (listunce reveals the smoke curling from the home chimney and the deal lights of welcome shining there. Old pictures in dream-mist- etl eyes that watcha winter's snow- fall! ‘

When l’ni tired l fall a-dreamin-r 0i‘ great. lazy ﬂakes of snow, Falling gently among the pine trees, r On a white road of long ago. —--<-o>i- - NOX A COLD TABLETS

. - I‘ ., r. H - _. ,5 E ‘ ‘ ‘It "In F7155.- P; B” - Auto ands sod cu eror uoqrfp o. k w ' ‘ ' , i l Coughs. Co dl. es Ache Natural: a. . | lu a mil in‘ t. e, reakgu .- _\ mild m. ‘f Wtotilfl. 0051M’ enu- . o a r o ores one oz. g. '\‘ 'lall at goons’): ltngnogo. ‘ ~ . . i . .l

w». um -- suavv-wwVMIDIvIrwUualnwiﬂqpQn-a. .

FUR AUCTI0NKST0CK cots tr rut POINTS

After Being. Offered ‘as Bonus and Adjusted at $50, Price Rises to $60.

(From Financial Post.)

MONTREAb—Before any public offering was made for the Canadian FulaAuctlon Sales, Limited, the stock was largely over-subscribed, and it is understood that there I-s nothing further to offer at the or- iginul price of pal‘ and a bonus of 35 per cent. of common stock. The original basis for the offering of preferred set their price for ad- justing the fraction on common stock at $50 a share. Since that time several sales have been made at $60 a, share, and the stock is not offered now below 62 u allure. The present price of the common stock, which is showing a surpris- ing strength, brings the preferred down to at very modurafe price. Supposing $1,000 worth of stock of the prcforrell hltd been purchnscdI tilt‘ i)l)llll,-\ III common would be ‘giv-; en oi‘ pnr vuule of $350. At. $60} this stock could btl disposed of for $250, leaving the net cosl of the l0 silurcs oi’ preferredrnl. $790 or $70 a tillllft’. 'l‘llls is a very attrac- tive price for a 7 per cent. Pfﬂml" rod stock of this description. Our;

FEBRUARY 6, 1020;‘.

O40-O OOO-OOQ-O-OOWPO-OQ

Thursday and Friday, February 12th anti 13th

“THE HOUSE‘ NEXT 000R”

(J. Hurtlcy Manners Comedy ‘Drama Specialties) -

i Monday and Tuesday February 16th ‘and 17th

with

Bulll Under Direction of Messrs S..C. Hurley and J. Burkhart - A .

Auspices Knights oi Columbus To be Staged by Local Talentlat the

“THE rolulls orllio" . a

report in regard to this (Jom-pnnyl

illditvalcd that there hull been l1 rapid advance ill the prices of raw furs oll llund and with prospects for still higher prices for this your. the. lsurniugs should be vBtY 111789- 'l‘he (‘Ollllltlfly has heavy stocks ul- rcudy oi’ furs on hand at. consider- able lower pFlCBg than the present nuirket figure and in addition has been purchasing ‘skills allover Flur- ope. Arrangements have been made for u Conference of various fur inter- ests ill Canada to be held ill Mon- treal during February. It. is likely, that. the first auction sale of furs: will he held tltlring the ulontll of. Alurch. .

'i‘llis stock was sold to ranchers] ill this Province at 97% for DTBIPI“; red with a bonus $250‘C0I1ll\\0"- A sulall amount of stock is Still,‘ ltvnilllille here ill tIriS DFICB-

Mackenzie lmTour t

(Petcrboro lluvicwl ' -

On Above Dates

GetYour Coupons Now. All Seats Reserved at 75 cents-Coupon Holders will have First Choice of Seats

STRAND THEATRE

¢o++o++<o+++o+o+>o9+o+¢++4+o+o 0+» r0404» 00000-004 o

Mr. king is alienating their sup- port by ills attacks on the concert- ed political action among the re- sidents oi the rural communities. He assumes that they are in-ukiilg a mistake in (tailing loose from their former political affiliations and assaying lo go their vlly alone. instead of trying to win hem hack to llic fold, ho simply drives them further away by the very harsh» lless of’ his adjurations. The Lib- eral nclvspupers tllui are featuring

cess without the undivided support of Quebec, and his free trade doctrine will in that Province ltlrn friends into enemies.

Mr. King i5 anxious for an elec- tion. He is willtng to take a incl-o Rambler's chance; having lost ryetjvthins but llJs- lllsl coin he l. Willing lo risk that hi u flual throw of the dice.

- . ‘ ' - ~ - “dam-SSW mo holtunute is the mun who is able

faintly outlined steeples and dingy ~

old bob-sleigh with the jingle ol‘ - bells that over the years is so mu- _

tingling air over the way of hills '

low and lovely with their load ol‘ -

bits of snow puffs as if for the pas- '

H- “ML Malvkenzie lung, the new y Mr. King's public Fll/dvra, when“ lead“; W91. pnjuy- really runrlcrlng a service to the ed a rvpulillinil as un astute lmlr ibltly now in ptllvtrt- .

‘mm, m. 5.. likely ln lose it now, if “P. i\'.‘llg‘s free lrzulc pro- ns u result of llic speaking tour, pllgauda should by any chalice which ht- lg making ill the Dolliln- 4 lllake llllli fllentls in tho pupill trmn- I "m, who ‘file Liberals‘ one hope of, lllllllillvs 1"‘ “m 1°59 blllllwrlers in thinks he is away above the liver- ille cities. lie has no hope ofstlc- ago,

to hear luisforlune. A luau who 1050s his temper lil- \\'ll_VS luzlllzlges to fillti it zlgain.

All average man is

loll. support is the farlners of Canada.

‘lhiilllllillﬂljlllllllllllillliillji -,_

CONFEDERATION LIFE ASSOCIATION ’

_ 1919 A YEAR OF UNUSUAL PROSPERITY

1918 was the Company’s “Record Year," showing I lendid progress along all lines, including a large reduc- on in the expense ratio.

191§ has, however, shown for greater gains in busi- ness and a still further reduced expense ratio. and was by far the most successful year in the Company's history.

NEW INSURANCES WRITTEN AND REVIVED -

This was much the largest amount even written by the Company, being $13,206.- 153.00 more than in 1918. A GAIN O , OVER 78%.

INSURANCE IN FORCE DECEMBER 31st, 1910 I

The gain for the year of 820.495.209.00 -ovur 22%-—ls more than 186000000 greater than the totals of the gains fon the years 1916-7-8 combined.

arms new-ll» am, 101s Increase - - Premium Income, 1919 t Increase - Interest Income - u . Increase - u Paid to Policyllolders - - - - " 3,069,826.07. Increase - - $541,699.90 The payments to Policyltolders for profits were $518,389.55. or, 891,848.91 more than in 1918. ‘

llllllilililllllllliillliillllliliillliip)

_$31,268,527.00

.$.1.12.4§.1.§7A.90

- - szl,s12,s4a.2s. $1,216,542.39

- - - cazouusau - sszusuxz, - mmausu $06,925.48

Full Annual Report and Financial Statements are in the Press, and will

he furnished upon request.

I. K. MACDONALD, President.

Shoe Values that ‘

are ‘Worth Whii ior Men at

Golf Bros Ltd.

Menu Mahogany calf uldﬁ blllcher with heavy leather slip and fibre solo. and rub-

Monl Mahogany: bal pointed toe. Acme sole. Goodyear welt.

Menu Black Box Kip Blucheu on a nlca in! fir!) good wearer.

$4.50

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Menu Black Calf Bluehor leather lined good- ytlsr welt, Dry foot sole with double lhsnld This seasons but offer. ' ‘

810.00

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