' include statutory

‘ .

mono. 193s

I GIANTS and JESTERS In Public Life

firs: rain cool)

(Continued)

union was free; There was no difference of. opinion u to the proposed increase in

ation. except that it might wcn have been larzor. at that timi-‘ii was eight thousand dollars; tl-lc proposal before Parliament was to increase it to twelve thousand 00111.1‘! Saeaking finale!" plropmed

the minister of finance (my, that in all lines of finance and busl. ness it. was considered rlghf, to my o. fitting . numeration, and d rotlr. 111g allowance The reasons for do. ins so to a man in public life were 1115i l4 SW08 as they were with no. gard to the bench. or in any great, financial institution. A public maxi had molly heavy fiispfmsibilities to bear and usually left office as poor as when he entered it, 1n some u“,

‘poorer. l-fo thought the five years‘

consecutive service set p, h1g1, standard and at the 53.1119 Mme limited a pension to a very modgr. ate number of people. -

Mr. Bordemsupported the gem erai principle of these ptopggglg and quoted the British pension p“:- cedent, ranging from four thousand dollars per annurn to ten thousand dollars dependen‘ upon the nature of the office held, In some caseg 1n GTO!!! Bfllfllll. h€ 881d, the pension Wls granted for four years’ con- secutive service as the head of a department; in others, five years. Mr. Borden was sure the proposal would commend itself to the country. Ministers‘ salaries were Wfy moderate now, and the govern. mom's proposals might help to st- tract good men into public life. Many of those who had formed the ministries of Canada since Confed- eratiorgwere men who could have made a. far better and more lucra- tive living atsome other occupg- tion. -

In the brief discumion which fol- lowed the observations oi the two leaders "Billy" Maclean W ‘ ’ that five years was too long a period of service. Doctor sproule thought ten years short enough; Mr. Bergeron wanted it to be three years. Mr. Belcourt urged that the Speaker of the House of Commons should also be eligible for the pen- sion. The resolutions, and the 11111.; founded upon them. passed without opposition. and the ex-mlnisfgrs eligible for pensions under- thlg legislation were listed as follows:

Sir Charles Topper and Sir Mac- kcnzie Bowell, $4.000 pension each; Mr. l-‘faggart. Mr. Foster. Sir John Carling, Sir A. P. Caron, Sir C. H. Tupper. Sir Hector Langevin, Mr. Blair. Mr. Slftcn. Mr. Ccsgrain and Mr. Tarts. $3.500.

The total yearly sum involved was $58,000. ‘in addition, sir Wilfrid

' Inurier. Sir Richard Cartwright, Sir

William Mulock, Sir Fred Borden, sir Richard Scott, and Mews. Fitz- patrick, Fisher and Fielding. would be eligible for pensions when they retired from office.

Now" had this proposal stood alone; had it been introduced at another session, dissevered from the other increases. in my judgment it would have amused very little op- position in the country and prob- ably would have been law today. but when linked with other finan- cial propcsnis; the sossionai in- creases to Senators and members 0i the House, additional salariestc the judges. the $4.000 increase to the Prime Minister and the $7.000 ses- sional allowance to the Leader of the Opposition-all ,0! which en- tailed an immediate and additional yearly liability of $568,000—-there was hostile criticism from one end 0i’ the country to the other The in- creases to the judges and to the Prime Minister were generally ap- proved, but the augumentcd indem- nities of members of the two Houset and the pensions to ex- minislers were roundly denounced by stalwart Liberal newspapers like the Toronto Globe; the Manitoba Free Press and the Montreal Herald. equally as by the Con- servative press. represented by the Mail and Empire, the Montreal Gazette. the London Free Press. tho Halifax Herald, the Hamilton Spec- W-fll’. etc. "The most shameless sal- ary grab on record." "altogether un- called for pesioning." ‘ffrenzied fi- nance." uttcrlyindefensible," "plan- ned in the dark and sprung sud- denly." "a wholesale and reckless raid on‘ the treasury" were some of the expressions hurled at Parlia- ment and the government.

One of the points emphasized by the critics was the method of awarding the allowance to ex-miii- isiers. In Great Britain pensions we" Bfanied by the Crown Only upon application; and this had to declaration by the applicant that he was in absolute heed. These pensions were abolished entirely in April. 1924. except for Ill-Lord Chancellors, two of whom, Lord Hailsham and Lord Buckmas- M‘. each received 925,000 per an- fluln. These gentlemen are on the Wiision list today. i

The opposition in Canada steadily increased. Political associations. Liberal and Conservative alike de- nounced the legislation. and in the ivy-elections cf November. following the enactment of the statute the ulrlous mctacirwu seen of the My postmaster general. Mr. A. B.

and Mr. Hyman. min-

its: of public works, taking pro- bounced exception . the legisla- "011. woos on the oi hand. Mr.

Fisher. minister of agriculture; Mr- PI-ilracn. minister of Oulfbml. and Idwsril lamp. were defendin! r. was

mun. no mic the um. the .1111"- was sound.

ivoim-lm Isurved)

yours. should receive a. than “um 5° assigned for the granting oi an annuity to a. cabinet min- ister who has served his country for a reasonable period. The go - ernment, however, had decided ask Parliament in repeal the legis- lation as being in advance of public Opinion. Immediate‘ a. protest came from m". Foster. who was one of the beneficiaries under the "1 Bold he. "When the Par- liament of any country legisiates it is supposed tolegislate sanely and with its eyes open, and in a case 0f this kind, as in many other caseo. certain rights‘ are created. Under the legislation certain action my have been taken by the bene- ficiaries, acting in good faith and relying upon an act of Parliament passed supposedly under sane and deliberate conditions.” Mr. Fielding in reply said in view of the fact that no bargain or contract had been made between the beneficiaries and Parliament it was not deemed that any vested rights had been created. ‘Upon this iattter point let me mention an interesting fact. wcll known in official circls at the time. One of the err-cabinet miriis- ters. being hard pressed financially, had commuted his annuity for a. good, round sum—staten to be bey tween $25,000 and $40,000, and naturally he did not like the idea. 0f the friend who had purchased the pension rights being muiched for such a large sum of money, or that he. the former minister, should be called upon to refund. The gov- ernment was-adamant, and the Re- peal Bill went through. From the time the law became operative until its repeal the following sums had been drawn by the cx-ministers en- titled under the legislation to re- ceive them: ' Sir Charles Tupper arid Sir Mac- kenzie Bowell. each $2,795; Sir C. H. Tupper. $2,154; Sir A. P. Caron, Sir John Carling. Mr. John Costi- gan. Sir Hector Lzmgevin, M1‘. Foster. Mr. Haggart, Mr. ‘Parte, Mr. Blair and Mr. Sifton, each $2,446. At this some session. (1003) “Billy" Maclean and Uriah Wilson, of Lenncx, tried to secure the re- peal of the companion statute which increased members‘ 111110111- nltles to $2.501, but found them- selves up against a stone ivall. When the division took placc on 111E second reading of this measure the vote stood 9 for to 107 against. both leaders. Sir Wilfrid Laurier and Mr. Borden, speaking and voting against it. some day when finan- cial conditions are better and public opinion is more amenable. Parlia- merit, may restore a. modified an- nuity for former cabinet ministers on the lines cf the British system.

_____.____. nou. FESTIVAL IS CANCELLED 1N rams

T9310, March 7~'i'lie little girls cf 111i Javnn today "le-

imrica the cue-day o! the ye“ especially set apart for them .1116 doll festival.

But the empiro’s crisis laid its

blight on childhood pleasures at the Imperial Palace, where thc "doll feast" cf the three small daughters of the Emperor 111d Empress was cancelled

While anxious princes M"!

and went at the the august father the three princes- sea reirialncd in their apartment-a-

Jnpanese girlhood custom from time imrneniorial has 111656119911 that a feast shall mark the H1110 Matsuri, literally "Festival oi the Illttle Ones." but more commonly known is the doll festival ,the third clay of the third moon of the

statesmen _came palace, advising of the little girl-i.

ar, “The Hina. Matsurl centres in Japanese homes around lhe doll display. which varies in lavishness according to the wealth cf the family. Had the little princesses been al- owed to enjoy the doll ceremony, uicir- collection would have been all that. the heart of girlhood could desire. There would have been a minature palace containini! 0 magnificent set of dolls in the conventional Japanese pattern — the Emperor and the Empress of the dolls seated hiah on the" thrones, with court ladies. court musicians. soldiers and officials. all arrayed in robes cf ancient style, on tiny shelyes below the sovereign . The Imperial lioiisrliold an- nounced that the formal ecle- bration of tlic birthday of the Empress Nagakc on March ,0 also had been postponed indefinitely. .____.___._-_..

BOT OIL-TREATMENTS ' COST BUT LITTLE

Scalp treatments from now un- til you get your mid-winter per- manentare in order. This is the time to resume use 0f 11141 brush you shelved 1118i b91019 Christmas. and, in the rush of get- ting the children back to school and replenlahinl your winter 111d- robe, forgot to bring out again- Use it every night.

M”, do gqmeihllll about the hot oil treatments you've been 111011114- ing yourself. These require little expenditure. Simply more!!! W011i! olive oil into your saoip this night hgfrte you intend to shampoo l?!" it on while you sleep and wash out next mcrninl-

If your last permanent vna en- tn-gly satisfactory. by all mean! have the same kind again. Other- wise, make it your business to 1am gomsthing about permsnentl hdforc ‘ u make an appointment. moist on a well known. r0005“ brand and Jun lobe sure you gr. [Qtflnl what you plyplfl’: IN that the latches the ads m marked with trade name of the type you've ordered‘. _ insist. too. on an explrienoed op- orator. It's all very well to be good natured and Iidiiig tovhelp the young get a s in the world. but

n isiictlmetoboliu-

curios s vomi A permanent

I'll W!" IUIIUI’

TTO¢I<

from

I

Morning Stocklp-Letfer

(Received over Pitfleld and Co's Private Wire)

NEW YORK. Mai-ch w-m this morning's New York papers con- siderable publicity to the m- nouncement that the Reichstag meet-s today to hear Hitler out.- line a new stand on Locarno. Lat- est news despatch from Germany is that Hitler said that Germany intends to reoccupy the Rhineland millfifl-flly and sent a symbolic force of troops into it, and few battalions just at the moment oi the Reichstag meeting. He made five other points in his speech to- day. Hitler called an election for a new reichstag to be held March 29 so that he might. get a vote of

War Fears Have Effect On Mart

(By Frank MaoMillen. Associated Press Financial Wrlisr) , (A. P. By Guardian's Specllil Wire

NEW YORK. March .8—Cr0ss— currents. inspired by o, revival of European war fears, swept through Saturday's stock market. '

As German troops marched into the Rhinelarid. and the French cancelled all ‘army leaves. recent equity leaders dipped fractions to around 2 points. At the same time copper and aviation isues, which stand to benefit by foreign military orders, enjoyed a. near-boom that sent many of them to new highs for the past several years.

The Associated Press average of 60 stocks closed .6 of a point lower zit 62.9. Transfers totalled 1.472.000 shares as compared with 881,760 last Saturday.

Bonds .were disposed to trail stocks at a slower pace. Even U. S. government securities backed up

slightly following their recent firm- ness. French obligations. along with other foreign listed loans.

were no worse than easy. On the other hand currencies of the gold standard countries took notice of disturbed European political condi- tions by turning downwiird.

Stocks that bucked the trend for advances of a po1rii or so included Anaconda. Bxing. Curtiss-Wright “A." U. S. Smelting, American smelting. and Phelps Dodge.

Among the principal casualties were U. S. Steel. Westinghouse. General Motors. Allied Chemical. Santa 111e, Montgomery Ward, and Consolidated G35.

In tit-e Canadian list Lake Shore dropped 1 1-9 to 55 1-8. Interna- tional Nickel gained a major frac- tion. Elsewhere fractional reces- slong were the rule. these including Canadian Pacific, Dome Mines, Mc- Intyre-Porcupine, Hollinger. Hiram Walker. Canadianlndustrial Alco- hol A. Brazilian. Imperial _ Oil. Massey l-lar-ris and Quebec P091911 Dlstillers-Seagrains improved slight- ly_

___.__._.______.

EXCIJANGE

(Canadian Press)

Closing exchange rates:-

At Montreal-J-‘ound 4.98 7-3; U. S. dollar 1.00; franc 6.05.

At New York-Pound 4.98 3-4; Ciinatlim dollar 1.00; franc 6.65 3-1. -

In gold-Pound lar 58.72 cents; 58.79 cents.

(Canadian Press)

NEW YORK. March 8—Forelgn exchange easy. Great Britain dc- mand high 4.99; low 4.98 1-2; close 4.98 3-9; 60 day bills 4.97 3-4; France 8.65 3-4; Italy 8.02; Bel- gium 17.04; Germany 40.61; C,’ ada 1.00.

PRODUCE

(Canadian __l'i'es|\

MONTREAL. March il-Egg prices, influenced by scarcity of supplies. advanced from seven to eight cents a dozen on Montreal open produce. markets last week. Butter, cheese and potatoes held

steady.

Eggs finished the week at 36 cents a dozen for A. large and 30 for A medium

Butler was steady at 22 to 22 1-2 cents per pound-for cariots or less of no 1 while iota to the retail trade were/23 1-2 for solids and 24 to 24 ' 2 for prints.

Cheese continued even , 'at 12 cents per pound for no 1 Ontario colored. main line arriving.

Potatoes: P E I mountains 90's $1.25 to $1.30; 30's $1.10 $1.15; 50's 75; 10's i6; eobblers 90's $1.20 to $1.25; 90's $1.05 to $1.10: N. B. mountains 30's $1 to $1.05; 50's 75; 10's 10; Que no 2 whites 80's 90 to 95; New Bermudas, 50 pound crate. $2 to $2.10.

has to be one hundred per cent perfect or you're going to suffer for months with split ends, exces- sive dryness- perhapii even fall- ing hair.

Permanent; aren't the hasardous bimineas they used to be. of course. and accidents very seldom occur these days. However, you might as well be cautious in your choice. Let your good sense be your guide. It will tell you that good perman- snts. like clothes are in the long run. more economical than bar- gains unless. "bargain" means a good product ti. a cheaper price- no‘ a cheap product at a i cheap ifloo -

12s; U. S. ucl- Canadlan dollar

approval from his country. A

. United Press despatch says that

Mussolini and his cabinet will ac- cept in principle the League o! Nations "pleas for peaoeable settlement of the war." Just what effect Hitler's position on 1

will have on the stock market ‘to- day is difficult to say although it will probably prove to be some test for it. A minor reaction in small volume would not be a bad performance. Market action yea- terday was comparatively good but overnight news changes the pic- ture just a little. We would look on the first thing this morning to see how well the market absorbs the news. .

Stocks Move Downward On Montreal Mart

(C- P- By Guardian's Special Wire)

MONTREAL. March S-Prices backed as much as three points on Montreal Stock Exchange y, depressed generally by an unsettled trend on Wall street.

Textiles and liquors led the down- turn and utilities. rails and papers followed with fractional losses. Banks and constructions exlublted mild strength.

Strong demand for which observ- ers lacked explanation sent Smelt- ers against the general trend and the price finished seven points higher at 265. best level since 1930. Low buying boosted Nickel l-2 but

l-foliinger and Noranda. lost minor

fraction; __

Turnover of more than 4,000 shares left Brazilian with a loss of 3-3 at 14 1-8 while other weak util- ities were Montreal Power, Show- inigan and Power Corporation. Canadian Hydro-Electric preferred worked slightly higher.

Dominion Textile was sold lightly but finished with a three-point loss at 73. while Penmans was down a point and Canadian Cel- anese l-4.

Miscellaneous

(Canadian Press)

MONTREAL, March fl-Prices "moved nominally lower on Called- ian commodity exchange produce section Saturday with trading at a standstill.

Butter Spot-Que grass 21 3-4 to 22 3-8.

Cheese Spot-Ont white 10 3-4 to 11 1-2. col 11 1- 2to 12. < ,

Eggs Spot-Ont A large Sill to 68 1-8, A medium 36 1-2; A pullets 34 lo 34 1-2.

Markets At A

Glance

(Canadian Press)

Toronto and Montreal-Judas- trial stocks lower.

Toronto Mines-Lower-

New York-Stock; closed lower.

Winnipeg~Wlieat 1 l-2 to l 3-8 cents higher.

New York-Cotton and sugar higher; coffee and rubber lower.

Produce Prices

(Canadian Press) MONTREAL. March ° Wheat, nor no 2 91. Barley C W no 3 45. Oats. feed no 1 37. Flour, spring wheat

firsts $5.60. Flour seconds $5.20. 1170a. bakers $5.10. Flour winter wheat

choice $3.90 to $4.1‘; Flour white corn Bran ton $20.25. Shorts tori $21.25. Middlings ton $26.25. Rolled oats bag 90 lbs $2.90. Hay no 2 per ton carlots $0.00. Cheese no 1 Ont- col 12. Butter no 1 22 to 22 1-2.

' Eggs. in cartons A large 42. Eggs A medium 40 to 41.

patents,

patents, $4.40 to $4.50.

Potatoes P E 1 mts 90's $1.25 to 81

P E I nits 80's $110 to $115

P E I mts 50's ‘l5

P E I mts 10's 16.

P E I cobblefs 00's $1.20 to $1.25. P E I cobbler; 30's $1.05 to $1.00. N. B. mts 90's $1.00 to $1.05.

N. B. mks 50's 7b.

N. B. mts 10's l6.

Que no 2 80's 90 to 95.

New Bermudas 50') $2 to $2.10.

Currencies

(Canadian Press)

NEW YORK, March 9—Ger- nianyb occupation of the Rhine- land caused a fairly sharp drop in the French frar: in the foreign exchange and (.1 sterling and the Canadian dollar;

The franc tlcsed at 5.05 3-4 cents off .01 1-2 of a ceht- The Dominion dollar was quoted at par, 118111111- a premium of i-82 of one per

cent Friday. while the pound ‘aa- ing at $4.011 9-4. showed a loss of

9-9 oi a cent.

MO March ' ii-The United State; dollar remained un- changed at par on Montreal for- eign exchanges Saturday while the

pound sterling dipped 1-4 cent to $4.93 ‘l-I. The French franc was 01f .02 l-d cents It 0.05 oentl.

r

cnairborrarowu GUARDIAN

Q uo TA 110W

‘ . If oonelpeldeltl.

MINING

(Canadian he.)

TORONTO. Mkrch 8—Gold

stocks slumped genlerally on Tor- onto mining exchange mining sec- tion Saturday, setting the ex- change index back more than 3 points to 127.01. its lowest level since January 21. Medium-price issues were almost uniformly lower. Other groups as represented in the ‘miscellaneous mines index held better. the index slipping only a point.

Base metals were helped -by a mild rally late in the session, Hud- 5011 Buy marking up a not gain of 3-8. lforanda, Ilnlconbridge and Sudbury Basin closed unchanged.

(Canadian Press) TORONTO, March 'l-

MT’L. CURB

....-.__. (Supplied by YlffIi-lnl and (tom. pony members oi Montreal aloe-k exchange and ci-b market)

Stocks Open L.“ B A Oil 22 211,41 Dom Stores

Fdrd A 21M 17% Imp oii cl 2a inter Pete 0 .116 31 iilelcher- 1i 11 Walker G001] 112 8'.’

New York Curb

_._.__

(Supplied by Pltflelil um] 410m-

axehange and curb market»

' Stocks Opel but Amer Gas lilleo Allan Porn (‘It Hoi- ldler Bnriil S Ford A

w; ‘l0

0% 101/.

Nlsg Bud

Stock: In, ., g .11..” Afton 57 Alex_ 2 Algoins 111/, Anglo h. _ Arntfield $1 Ashley 111 Astoria 574, Bsgamnc 31g Bar Hull 4% Base m»: 231/1 Bear 4o Beilttlo 150 Big Miss 113 1 BobJo 181/, Bralorna 005 B 101

" Buff Ank [a Buff Cuu 0% Blink H 13 Col Eilin 1'37 Can “til 115 Cal Oil 150 C Treth 150 Con Pat 391) Chem lie! 120 Uiiiboug 471/, Ciericy 4y, Corilngas 325 Conlnruin 230 Dome 47% Dom Expl 0% 1111110111110 125 l1‘ Bridge 1115'. Fed Kil-k 7 Franklin - u Gods Luke 11,9 iioldale g3 Uooilfish 24 Grab-Soul 5 Gran Gold 211/, Greene 31 Gun Gold‘ . s5 llard Rock (13 Ilarker 9 Cons 15% Homestead 31-1 How Gold (u; J M Con: 44 Kirk Lake 5o Luke Shore 551/,- Ilama Cont 1111/, Lebcl Oro g4; Little L I: (135 hiacnseu 4113 Man Exist 1g ‘tliiplo L 91%, McIntyre 43 lifcKcnai 147 McMillan 9 lilcVlttie 34 McWnttcrs 143 liiin Corp 135 liiluto 9 liionetn 12 Zilorr Kink 71) Murphy 3 Newbci. g7 Nornnila 41)- Nor Can 4o O'Brien 40 0 a Oil 4% Puyinaater 71 Peri-on 131 Pet-Cob 4 Pnurour 400 Pick Crr 450 Pioneer 1010 Prcnlicr 231i Reiiil Aiitli 18$ Red Luke SS lteuo Uuld 120 Roche 7% lioyiilita 31,1 Quebec iii 100 Sun Ant 206 Sheep L‘! 71] Shel-rill: 124 Siscoc 3111 Sou 'l‘ib 5% Stuilucou 31 St Aiitli 23 Sud Basin 470 Sud C0111 1U Sullivan 102 Sylvuuiia 200 Tush Gold .13 Tack llugb 49:. Tex Cain 43.1 Toburn 135 Towugniiic '3 Ventures :33 Vaiio Amu 12.1 Wayside 17 White Eng 4% Wilt Coug 111/, \Vright H 5115 Yinir ' 451/, Silver unqiioicu.