Over 38,000 people in this Province — 8.000 in the any " Read The Guardian every day.

The Guardian is read in practically every worth- while home in Prince Edward Island.

n] flnnrllll. Ionndel II’! gglinrrlewetewn Guardian ‘two Cont?

Paraguay And Bolivia Come To Grips, 1500 Killed

South AmericaHK-rmies Battle For Five Days. Thousands Wounded

uncuuun ,lRADEPAti ‘inn [nun

Canadian Secy. 0i State Expected To Arrive In Halifax N e x t W e e k.

BUENOS AIRES, Jan. 24.- . (A.P.) — Unofficial estimates from La Pas, Bolivia today ne- serfed that 1,500 Paraguayan: had been killed and 2,000 had been wounded in the fifth day of a muddy battle directed by the Bolivians against the Pars- quaysn Fort Avala in the Gran Chaco.

Fort Avail (or Nannwa) is the interior terminus of the high- way to Concepcion, 150 miles eastward.

The Ls Pas estimates were said to include the casualties from today's fighting. They added that the Bolivian losses were insignificant because the Bolivian troops were given good artillery protection

(Canadian Press)

suns lillNtERi rmr sromsn Pnnaiimnr

Well Balanced Enter- tainment Sponsor- ed By Galedonian Club At Strand The- atre Last Evening.“

With chastencd feelings would I i733’

The tribute due

To him, and aught that lfidc: his. clay

From mortal view.

These lines the poet, Words- worth, wrote in remembrance oi his great costemporary, Rcbcrt Burns, to whose genius lovers oi Scottish music and Scottifh litera- ture in Charlottetown paid tribute in the annual Burn.» Concert last evening onitrp occasion of the one‘ hundred and scventy-"utwanni-

UITAWA. Jan. Zt-Hon. C. H. Cahan, C " Secretary oi State is sailing from Europe in a few dsys and expects in arrive in Hali- fax on Feb. 0. He has been in Psr- is following the meteing of the League of Nations in Geneva, dis- cussing with the French Govern- ment a. trade treaty between Canada and France. The former trade treaty between the two countries was terminated last July. It is probable that Mr. Cohan will re- port the situation to the Prime Min- ister before any announcement has been made as to the progress oi the egetiations. He is accompanied by , . Cuban.

PREPAREHJR iiiililii issn. r A min | a N

lioit Support For Industry Met At

versary of th' birth of the plough- man poet. i

The concert held i“ the Stand Theatre was an entertcirrccnt of a 'very high standard, and cave an accurate intrr~~-ets~t'on of the gen- ‘ ius c! the poet.

The strain of sch-conflict, the \ (Contnuecl on Page 7)

Insull Faces Forty - Million Dollar S ait

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The People's Paper.’ ' Covers Prince Edward island Like the Dew

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BRITISH SPEED CHAMP

Si: Malcolm Campbell, holder o.’ the world's nee a land sptcd g,-

years to be gcttl g a few fipn from corkplt o.” -ll8 new 1-.luc‘.‘..l_ s‘; M to Dayiosa. Beach, Fla" to main; an record. lie hoprs to achieve a speed

Co m m e rc i a l Failures Show Sharp Decline

(Canadian Press)

NEW YORK, Jan. 24-Commer- clal failures during the pas-t week in the United States showed a sub- stantial decline from the cor- responding period last year, thus continuing the favorable compari- son of recent weeks, R. G. Dun & 0o. reports. There were 8B1 defaults compared with ‘I25 in the previous week and B55 ayear ago.

ANNOUNCEMENTS, COMING EVENTS, MEETINGS, ETC

fin column nt 2 cents per word, "lolly payable in niivnnce.

"Skating 8 to 10 open air rink Queen Sh, tonight. 7162-11

¥"Annonneemento nre inserted in

"Concert in Fredericton Hall, Thursday evening, January 26th. 7725-1-24-21.

"Belfast Club loading hogs at dhla Tuesday, January 81st. It ilvrmv. Thursday. ‘1755-1-25-11.

"Come w the opening mu g lust Royalty Rink tonight. City lions. Admission 1o cents. woo-n

"Hockey at Highfield tonight, fiw. c. strengthened by Walter wlor vs. Granltcs. Skate after.

e 7770-1i

.""Annual Meeting oi Afton m alrcle takes place on February 1st N Alton Hall. Artemas Betts, Bec-

“W- vm-i-as-if.

":50. Herbert Hawks vs, High- ld Second Grenites at Mt. Her- Rink tonight. Skating after.

new-if

r"'H0t turkey dinner 40¢ . Hague "mcrm mu tonightdlio lotteries. I°~ AII-Inlces Catholic Women's ""“°- 1'“ moo. . nos-u

l! W North wnunm ‘ileiepiione Pgldflllecsmment 1's. "rbreeniioilars. 0i‘ 0N m’ "wmml-h. Two Dollars. . "w", f Wsi-i-zs-ii.

' “"0111 on Picturesque J Qmn Beturds! elm n i.‘ w’ pmniitrfiiwurfihisi? 11532

‘K M». Cornwall. wsa-i-as-u.

“a r. s..m...""'“ . ma“ m only mired en

I the m a. r. s. fffumnln: with 1n ism- hours’

Canadian National Hotel Last Even- ing.

Final preparations for the cam- paign on behalf of the Tourist As- sociation and the allotment of var- ious sections oi the city to can- vassing teams. which begin their work today, were made at a din- ner at the Caradiun National Hotel last evening. Mr. Justice Arsensult presided. There was a good attendance of the various committees. The dinner which was given by the Canadian National Hotel was heartily enjoyed Mr. Justice Arssnnult thanked those present for the interest which they were showing. They would be going out to solicit financial. sup- port for the Tourist Association from the community, and he believ- ed, would meet with a cordial re- ception. The tourist traffic was n

most important industry, as it brought millions of dollars into the country. The more American tour- ists there came to Canada, the bet- ter would be the rate of exchange. Due to the fact that lost year was election year in United States, the trade dropped of! somewhat. Last year was the best season ever, for Canadian traffic. Lack of financial backing hampered the advancement of the tourist industry. The work in support of the Association would be done in a patriotic way. The pro- vincial organization could not be duplicated elsewhere in Canada, as there was only one paid official in the Association. All others spent s great deal of time on the industry without remuneration.

Judge Arsenault thanked the Canadian National Hotel for the dinner and also expressed thanks to Mr. A. H. Mould and Mr. Pratt. Mr. B. A. MacLeod, chairman oi the finance committee, stated that every team was represented at the meeting. Tennis would draw for the sections of the city which they would cover. He thought that the teams would meet with a 800d re- ception, cs the members were ask- m; m; people to mske an invest- ment in e paying industry.

The drawing for districts then took plsce.

(Cllllllll-n PRU) \ wssumoros. hu- "- Agroemenie reached at the 0t-

here to heavy purchases by the Bank of England of American gold, thus strengthening British reserves. War debt news was also given as a factor.

83.39%, and the currently lose over 2 cents in Paris.

(Associated Press)

CHICAGO, Jun. 24—Suit for $40,000,000 damages was filed in United States district court today against Samuel Lnsuii and the en- ,tire board of directors of Insull Utility Investments, Inc., $500,000.- 000 investment trust new in re- oeivership.

The bill of complaint charged the dlrbctors authorized payment oi stock dividends in 1929, 1030, 1031 and 1932 though the company had no surplus and that conse- quently cnch board member is liable for damages. The suit was filed in behalf of a score of stock- holders in mid-western states by Attorney Lewis Jacobson, who represented petitioning creditors in the bankruptcy action.

The defendants, who include also Mratin J. Insuil, now living at Or- iliia, 0nt., Samuel Insull Jr. and twelve prominent Chicagoans, were ordered to fill an answer by March d. Each holds a $1,000 debenture in the Insull Utility Investments, Inc.

The Pound

(Canadian Press)

NEW YORK, Jan. zt-Conficlent- ly, rising to a new level since inst October, the pound sterling closed 8% cents higher on foreign ex- changes tociay at $3.390’. for cables. The Canadian dollar, however, end- ed ihe session unchanged at 80 115-10 cents (U. S. premium of 15 l-lil per cent) after earlier minor declines

Betrliugks advance was attributed

The pound opened at 03.39%, rose to $8.40 at noon, its high for: the session, eased in mid-afternoon to 33.39% and closed at that figure The currencys low for the session was 83.80%.

Sterling was quoted in London at

French Cut Budget Project

(Associated Press) PARIS, Jan. 24—The finance

“y. Impgflfl Economic Confer- ence will likely l” m"! u" "mime discussed when Britlh flypflgflflflvq confer hell will United States President-elect Irnnklin n. Roosevelt renrdlns

m, "mmfiuiiflltalklge big auc-

ibewerlcbh-

committes of the Chamber of Deputies today out the govern mentk budget proltot ceiling for 10,000,000,000 francs in new faxes and economies down to 2.030.000,-

Mfrsuufnnewtslllndoniy

W .;»:TON, Jon. 2 .P.) —A.n nil-inclusive revision of the l war debts was forecast in Washing- , ton tonight with the Roosevelt ad- Iministrstion seeking in exchange [tariff concessions and trade agree-

ments intendcd to help the United

States toward prosperity. i This probability arose after the ‘disclosure that all nations which <poid their debt installments last month would receive an affirmative answer to their pleas for a renewed study oi their funding agreements.

In addition there was s. distinct inclination to believe that those na- tions which defaulted in December -France, Poland, Belgium and Es- tonia-would receive similar treat- ment aiter the cases of the coun- tries not in arrears are settled.

Those who held this belief were quick to point to President-Elect Franklin D. Roosevelt's view that the action oi France and other powers in declining to pay was to be construed as a deferment rather than a default. At ony rate, Mr. Roosevelt will receive representatives of Great Britain soon after he takes office and then will talk debts with Italy, Czechoslovakia and Lithuania, all of whom paid up last month. Probably Latvia and Finland also will bc included.

That arrangements to negotiate the debt problem are in progress was made known today by Secretary of State Henry L. Stimson in carrying out the agreement mnric with Mr. Roosevelt at last week's White House conference. As diplo- mats from the powers in question called upon state department offici- als today and yesterday, they were told that the department is acting in this connection under instruc- tions from the President-elect.

In all cases, discussion of debts is to be paralleled by a separate nego- tiation onclnternutlonal trade. 0b- viously, Mr. Roosevelt is planning to work through these instrument- aiities to obtain the reciprocal tar- iff and trade agreements which hen urged throughout his campaign.

While such a plan necessarily lm-| plies a eduction oi the debts, Mr, Roosevelt's spokesmen had been emphatic in asserting that c.- ' lotion is not contemplated. some of his financial ldvilors had dis-i

cussed a postponement of pavmen until the depression is ended. but no decision hss been reached .

010,000,000 in economies, after I. week's solid work. The debate opens in the chamber

on ‘Ibursdeg.

luuruusooiutofcmsde.

LE ' ENS FROM SON

his son, Donald, seatfd in the “oim will soon l) ng this new ear attempt to break his own speed oi’ 300 miles per hour.

jRevision Of War Debts ‘Forecas. |In Wash

1n gton Dublin's Lord Mayor Routs Tough Gang

DUBLIN. Jan Zk-(Canad ian Press Cable)-"No Irish man is struck without hiitin back," smiled Lord Mayor Al fred Byrne of Dublin com mcntlng on the polling statior incident today when he router’ a gang of foughs who attempt ed to molest him as he casf his vote.

"r had u» dtlffllfl Thyself." Mr. Byrne said. "I am the Lord Mayor and I have to look to the rfgnlty ni my position."

War Delats

(Associated Press)

CHARLOTTETOWN, CANADA, WEDNESDAY, JANUARY 25, 1933

To Try For New Record A

CHAMBERLAIN SPEAKS 0N DEBT PRUBLIEM

Lays Down Two Es- sentials For A New Agreement W i 1511 United States

(Associated Press)

LEEDS, England, Jan. Zfi-Ne-i ville Chamberlain, Chancellor of life Exchequer, tonight laid down two “cssentials" for n new debt agreement with the United Stnics —thnt the settlement must be final and that it must not involve m_ Silmlation of German reparations,

The Chancellor, addressing the annual dinner of the Leeds Chaim ber of Commerce, asserted that Great Britain would gladly partici- pate in debt discussions with the '

v —-\vili 110i. ccmmcin-c until icmorrmv;

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THE WEATHER

Fresh northyesterly fair with sUShl-ly lower temperature.

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8 PAGES

__.."'_‘

Annuni Subscriptions Dellirn-il 13.00 By Mail Csnudu uuii U_ B. A, $1.50

Irish Election s Held Y€Sf€fday

Final Result Vl-Tl-l-Not Be Known Until Tomorrow Or Friday — Polling Was Heavy 'With The Usual Disturbances.

(By George linniblcton, Canadian Press Staff Writer.)

DUBLIN, Jan. 24-(0. P. Cable) ——-LOCkcd ballot boxes tonight held secret the fate of the R/[ipublfcpn Government of the Irish Free sum,‘ Counting of the votes cast in to day's critical general election -— Iikvly to prove one of the greatest. milestones in the history of Ireland

in SCme SCIiLiGlPfd d.'si1‘ici.s' clerks will no‘. be able to get at me (.851; until Thursday.

The P011191! was heavy and not without the‘ usual clLslurbnnces. But

United States. His speech was the I at "lldnight it secmcri cases cf im- ffrst Public pronouncement from a perflmaim“ at m” 9°15 m!’ m"- member of the Government 5mm, numbered cases of violence. Around ab; annouywemeng m Washington a score of persons, including [our ins; week ma; the Roosevelt ad_ women, were taken info custody." ior ministration womd be wmmg m either imperscnntiizg voters, VCiIllg Considor the deb, question Wm, for persons. who arc dead, or 08M.- Gme grimy, 9am, h, Marcrh ing their ballots under fictitious

In the airlrcss, an important names- pronouncemeng o; the 3,3,5}, v_,ew_ Orzanlzcd intimidation that had point on me whole tangle o! 1mm“ been feared specially in view of the govgrnmgnm] debts, M“ chamber fact that no great polite precautions 1am hailed the PM Nd washln? had bcon taken, was lacking in to. ton n‘ m as an opportunity (Kay's polling. Thcre were plenty of for settlement of one of the world's “not incidents‘ M mldnmflz hw‘ most prgssmg prob1ems_ ever, no reports had been received

He declared that we British war cf anyone being seriously injured. debt poncy was We“ known for it In Kiliarney some of the Natlom had been held by successive Bmlsh 111st party automobiles were put out Jfwcmments since the Great We:

"We believe that the total can

line tanks, ten cars scheduled to take Cosgrave supporters to the

cf action with sand in their gaso- ‘ “on

(Omtlnued on Page 7)

Former Town

Clerk Must Stand Tria

NEWCASTLE, N, B. Jim 24-‘ (Canadian Prc=s)—A true bill was reported in the Northumberland County Court today in the case of J. A. Fbwiis, former clerk and treasurer of the town 0f Chatham. who is charged with the theft of $10,000 from the town. It is ex- pected his trial will start Thurs- day.

Fowiis was suspended from office on February 2, 1932. I; is charged that between January 1, 1919, and February 2. i032, his books showed irregularities meaning s. loss oi $10,000 to the town.

Conversion Loan Suggested To Government

(Canadian Press)

PARIS, Jan. 24—Presidcnt-~eicc'. F. D, Roosevelt's willingness to ur- rangc a debts conference with liniy is interpreted in authoritative quarters hero, as likely to bring the Firench Parliament closer to pay- ment of the defaulted $20,000,000 which was due last December 15.

Talk in the Chamber of Deputies lobbies today indicated that some deputies who voted against pay- ment at that time have changed their attitude, since it is certain that the United States mtends to sive its debtors a hearing.

P». Alone Case

(Canadian Press)

OTPAWA, Jan. z4_.\ brief has been submitted on behalf of the Canadian Government in the "I'm Alone” ease to the State Depart- ment st Wsshlnslml- This will be followed by an answering brief on b01111! o! the United States GOV- erninent and a reply brief on be-

g] half of the Government of Canada

Arrangements will then be made for so om argument before the commissioners, lion. Willis Van Devanter, Judge, of the Bupre c- Oourt of United States and m. lion. L. P. Duff, Judge of the

MONTREAL, Jan. 24—A huge conversion loan to cover practically all the outstanding securities of the Dominion has been suggested to the Government, the Montreal Star says today in s despaich from its Ottawa correspondent. The; purpose of the conversion would be to reduce the enormous interest account which on Dominion Gov- ernment securities amounts t0 roughly $130,000,000 and $56,000,000 on Canadian National Railways loans.

News To Rhodes

OTTAWA, Jan. 24.—(C.P.)—"it's news to nae," said I-lon. E. N. Rhodes, Minister of Finance, tonight when asked about s report n D1811 for a conversion loan was being studied by the government.

‘(crimson Press) MONTREAL, Jan. zi-John A. Walls oi New York and Lt.- Col. Herbert Moison of Mont- resl today were appointed di- rectors of Shawinigan Water and Power Company Limlfml- The vacancies were crested b! the resignations oi‘ Maurice J. Curran of Boston nnri ilenry

I. Fuller oi New York.

\ i.

polls being put out of commission. Stones were flung at a lorry carrying members of the "White Anny" the army comrades‘ associ ‘_ ntion which supported the Nation-l uiists, as it passed through west Cork. but no harm was done. There were reports shots were fired in a skirmish between Republican and Nationalist enthusiasts at Daikey,| near Dublin, but no one was injured. I Over almost the whole of the Free Slate, spring like weather brought the electors in crowds to the polls. The main parties had fleets of mot- orcsis hurrying here, there and everywhere. In some percent of the registered electors

(Continued on Page '1»

Are Charged With Serious Offences‘

(Canadian Press) .

WINNIPEG, Jan. 24.--Co-defend- ants before the first general court martial to sit in Canada in two de- cades, Captain G. Brown and Captain H. R. Rebiit, I\I.C., D.S.O.. members of Lord SiYiltllCOlliYS Horse, tonight awaited the outcome oi a military tribunal. Both are charged with serious of fences against military law and discipline. The court was cleared to inkc evi- dcifcc of Mrs. R. If. Rcbbui, wife of Captain Itebltl. Her testimony was kept secret.

The charge against the two accus- cd is a sequel to a masquerade ball on Halloween. 1032, held at Fort Osborne barracks. Following a quor- rei bctwcn the two it is alleged Capt. Rebitt fired n revolver at Cap- tain Brown. Cnpt. Rcbitt will face charges under the Army Act after the case oi Capt. Brown is disposed of.

Captain Brown vrns charged with “behaving in a scandalous manner, unbecoming to an officer and a gon- tleman." It is alleged on the night of the masquerade, "he caused the wife of a. brother officer tn accom- pany him to a single officer's room where they remained for an un- determined period during which he attempted to molest her." lie plead- ed not guilty.

The evidence taken today was concerned with the location of the rooms in the building in which the masquerade was held, their con- struction and relation one to an- other. A. s. M. Ross. KC, Counsel for Captain Brown made application for trial in camcru. A conference between Counsel was token after which it was announced proceedings

would be open to the public.

I

districts 75 ;

imirrsriii

FUR NATIUNAI.

invininiui

General S111 u ts, South African Party Leader Would Form Ad- ministration Like

‘fiat 0f Enrz-lcrv‘.

( Canadian Press Cable)

CAPETOWN, South Africa, Jan. 24—General Jan Christian Smuts, South African pnrfy leader, made :1 vigorous pleagin [he House of Assembly today for formation of a National government like that of the Unlied Kingdom. He ended a long speech by moving a vote 0i non-confidence against Prime Min- ister J. B, M. I-iertzogs administra-

The Prime Munster moved a‘: amendment to express confidencf of the House in his Government Debate continued and the Housi adjourned with n. prospect of com- ing to a vote tomorrow.

General Smut; called on ihl Government to keep what he tenn- ed its promise to resign if it aband- oned the gold standard. (The golt standard was abarlfloned several svceks ago as a result oi cxch- ‘g1 speculations which caused a flight of funds from the country).

In reply, howevcr, the Primi Minister said the government had made no such promise, but had maintained it would not abandon the gold standard if such n. stop could be avoided. He said also there was no need ior a Notional Government, contending such an administration could do nothing s