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i . ._ h: , .. ti» [I

SAVINGS THAT MAKE IiIsTORY

For one week only we offer the ﬁnest range of Kroehier Chesterueld Suites ever brought to Charlottetown at Special Low Prices. $5.06 places any Suite m your home and you have our full range of styles

and coverings to choose from.

A Comfortable 3-Piece Kro ehler Suite in Repp

deep spring seats, spring backs and revers- ible cushions. Attractive Repp covering.

It’s hard to believe that you can secure such a remarkably comfortable Suite at Such a low price, Chesterﬁeld and two Chairs have

$5.00 Now. $5.45 Monthly l0 Months —- No Interest

Luxurious Kroehler Suite In Quality Mohair

tionally high back chairs are only one of the features which place this suite in the

A smart Living Room Suite in rich long pile mohair in popular walnut shade. Excep-

class which usually sells for $135.00. Yet the

price is only

Balance Monthly N0 INTEREST.

v Let’: Trade Suites \

Your old Suite will be ac- wilted as part payment of any Suite. Call 706 or 707 and our appraiser will call,

There’s a Quality SYuite to Fit Your Purse

$69.50, $79.50, $105.00 $119.00, $129.00 to $275.00

lilTil STORES

ilhariottetevin Slnlmlll

Canada's Bank . Opens New Era. ' For Financing (Gnarls!!!) - UITAWA, Ila-rob lkwithm

ondbonuwm. Buttherewillboegenerdlin-

Idieetionoithexwworderbeoouee

thesoienghtinisempupermooey eventually, and over a period oi years the inmiliar currency will disappear to be replaced by the new. -

In brie! tho function: oi mu new institution will be:

1. To NIIIIB-td inhrndl credit-

2. To legislate iorelgn ex-

changes. 8. To uiitigoto iluotuutione in

' the level oi.‘ production. trade, em-

ployment, and prices. so is: as may be possible within the scope oi monetary action.

4. To give expert and impartial financial advice to the government oi the day.

The bank wih toke over e11 the gold reserves o: the existing chartered banks and that held b)’ the government. This will be about $70,000,000 irom the dominion treasury and $35,000,000 1mm chartered banks, based on the nominal gold price oi $10-67 on ounce. The benefit arising from the current increased value oi gold will accrue to the dominion government. Chsrtered bsnlu will be permitted to withhold suiil- cient gold to cover their foreign commitments. With additional se- curities which will be deposited with the central bunk it will start with nssets oi’ about $220.0il0.000.

Almost. a year oi preliminary work has gone into the organ- izstion oi’ the Bank oi Canada in preparation ior next week's rormal opening for business. It wus Just u year ago that Hilance Minister E. N. Rhodes, moved the resolution in the House or Commons calling upon the house to agree to the principle oi a. central bunk to be known as the Bank oiCenada.

Discussed In Parliament

Weeks oi debate in llu.» House oi Commons and in the banking and commerce committee, with s short- er psssago through the senate. placed the necessary legislative authority in the hands o! the government late last spring. Then came the task oi selecting person- nel, the most important being the appointment oi e. governor.

Graham Ford Towers, 37-year- old executive oi the Royal Bunk oi Canada, was appointed governor early in September and he leit at

~once for European banking centres

to study the technical side oi cen- tral bulking. He returned in two months and organization went speedily forward.

J. A. C. Osborne. secretary oi the Bank oi England, was brought to Canada to act as deputy gov- ernor snd lend to the new organ- ization the value-oi his experience in the new iorm oi iinsnciui op- erations and control about to be ventured upon in Canada ior the ilrst time. Other personnel was drawn from Canadian iinsncial institutions and the department oi iinance, the functions o! which are now transierred in a large noos- ure. to the Bml: oi Canada.

Aitor a few weeks in temporary oiiices, during which the bank's vﬂllitsl stock oi 85.000900 was sold unong some 12,000 subscribers in 100,000 shores st $50 nor value, s meeting oi the shareholders held end seven directors elected, the bank moved into permanent quar.

From MARC 11th

Drug Clerk Keeps Fii

llua D 4g p Ire u‘! ﬂu "l b0" been ﬂ 70ers in gl" pk‘. “I!” bullﬂl“. a lending drug nu‘

in Montreal,"

- have IECOInmMM - d’! iney Pills and ‘ Dinner Pills hundred: of igflmﬂ sold thousands of bole: of elicit 1 Advised mlﬁlcultomen the: Dear P are a truly safe prey‘: his" for infections of eh; Ki and Diamond Dinner Pills en lent laxative. I have personally u,‘ tliﬂh both for many yum 1 M welt to b. nut 1 in.» Dodd’; Pills every mo weeks for n few d,” It l time, and in this manner keep‘ perfect health.” Q

Budd's Kidney Pill;

King Would View Underworld Film

(Canadian lkesal

LONDON. March lO-J/Vhm George and Queen lulu-y mm 9‘ Compton Place, Enstboume, (m ‘ short holiday before the prgpgm, ntions for the silver jubilee 001g. brations conunenclzip; in May, m, billiard room oi the iillllpqfa" royal residence was fitted lip a, I moving picture theatre.

The ilrst iilm chasm by they, Majesties was “The M‘ l wm Knew Too Much," n thrilling d”, ms oi London's llll(li‘l'\\'0l‘ld m. oently awarded the (‘mid Medal 0i the Cinematographer-s Insliiuiq oi Great Britain, This picture 1| concerned with attempts oi’ mien national gangsters to nssnseinsie q ioreign diplomat at nn Albert no] concert.

tors in a Wellinutou ‘ircct office,

building. The gold "Hon Will 0o. 011D)’ the (‘ﬁst block of rim pap. whore m; .= med yo;

n central bank no.4 non-existent, but them

strong move supported by Liberals and Progressives, to have it cuiim 1y sovernmmt-oxvned. But tho gov- rmnlcni: maintained its ormnsl proposal to have the bank owned privately but subject to :1. lnnge measure oi control by the govern- ment. That is eiiecteel by n regu.

‘lstion under which the governor

and deputy governor must be zip- pointed by tho governor-in-coun- oil, and by~lsws and resolutions of the board oi directors are subject to approval oi the irovcmor-in- council.

0o FALSE TEETH Rock, slide or Slip? FASTTJBPH, a new, greatly Im- proved powdcr to be sprinkled on upper or lower plates, holds ialsl teeth ﬁrm and comfortable. Can not slide, slip, rock or pOp-olll. Na gummy, gooey, pasty taste or (ecl- ing. Makes breath sweet and pleas-

ant. Get FABTEEIH today at ll drug stores.

“EYESlGlIT EXAMINATIDN

liming and anpnlrlns: museu- etc.

ll. J. MABON OPTOMETRIST Oillce Connected With

. . lliilliiilliiiiiﬂ to MARCH 25m

MclEllll & McGREGOR

Oﬂer Thelr Entire Stock of DRY GOODS, BOOTS AND SHOES AT BARGAIN PlilH-JS

Below Is a Few Special LADIES’ SILK WOOL ﬂoss, Reg, m, m- .. ., 50c

Reg. 59o for 20c

moms ALL WOOL nose, n". 65o m .. 40c cnmnnrrrs ruzrcrn costume-nous, m. $1.25 m m CHILDREN'S vrlsrs, Bog. 00o ior . 3th . llog.42oior......,... - Bola-nee Lndlel nunnnn ovnnsnons clearing at 51.15 nr- swlwrrns, wmnonesxrns and LEATHER cons n!

LESS THAN 008T.

FREE CCAL

OurFree Coal Contest proved so popular that we have decided to continue it Mother month.

When you order BASEBURN ER Hard Coal (Chﬂﬂlliili silo) you will receive sales number: Each Wednesday the Mayor will drew one number, It you are lucky i" will ‘present you with h similar quantity Hard C081 ablo utely»ireo......................... $12.50 per ton

We have the lowest city

price on BRADORE Coal,

$7.75 per ton,

MH. R. Large 6-9 Co

new: and Wholesale

58 Queen SL