THE CHARLOTTETOWN GUARDIAN

ilIE CENTRAL GUARDIAN

i}

OPEN EVENINGS- This store will be open every ‘night till after Xmas. Prowse Bros” Ltd.

3460-1221411.

SPECIAL ‘CHILDREN'S MAT- INEE at the Prince Eilwanill today to see Mary Pickford In “Spiirrows" Chlldrenh price 11c. 1i

i I'I'IIII'I"I'I‘I'II'I'ITI'I'I v

NEW ISSUE

, $400,000 , The Avalon Telephone Company, Limited

(incorporated under the Newfoundland Companies Act) ‘

6% First Mortgage ZO-Year Sinking. Fund Gold Bonds

Series “A"

SPECIAL CHILDREN'S MAT-» INEE at the Prince Edward today to see Mary Pickford in "Sparrows" Children's price 11c. 1i

“THOSE 800D OLD TIMES"- Bruce Stewart & Co., have chosen an English Hunting Scene for their 1927 calendar which ls now being distributed. . BEAUTIFUL WALLPOCKET Cal endar given away Thursday and Friday with every purchase of 82.00 worth of goods and over save your cash slips-Prowse Bros, Ltd. 3464-12-22-21

To be dated December 1st, 1926. Due December 1st. 1946. Callablc as a whole or in part at any time before maturity on sixty days’ notice, at 105 and accrued interest. Coupon Bonds in denominationrof $1.000 and $500, withprivilege of registration Sig‘: principal only. interest payable December 1st and Junc 1st. Principal and interest payable in Canadian Gold coin or at; equiv d ut Canadian Bank of Commerce, St. John's. Nfid, i-lnlifax, Saint John. N.B.. Charlottetown. Montreal, Toronto. inmpefl In Vancouver. Montreal Trust Company, Trustee.

GOOD COOKS have a stmng lik- ing for “REGAL 1711401111" because they flnii it so satisfactory ‘for both bread and pastry.

CHURCHES- Goil Willing. R v. A. C. Banyarii will preach at ‘lwestmoreleiuil ut 11 a. m... Tryon 3 p. in., Allmny 7.30 p. m. on Dec. 26th. Every uno ivol- come.

SPECIAL CHILDREN'S MAT- INEE. zit the Prince Eilwitrili toiluy to see Mury Pickford in “Smrrowsf Children's price 11c. 1i

""1181 CAPITALIZATION Authorized Outstanding CommonShares. . $300,000 $235350 7% Non-Cumulative Participating Preferred Shares. . . . . . . . . . . . . 400,000 400.000 6% First Mortgage Bonds, Series “A" (this issue). 400.000 400-000 Descriptive circular, copies of which will be forwarded on requesl, contains a letter from Hon. J. J-

Murphy, President of the Company, from which the following 1's summarized:

The Avalon Telephone Company. Limited. was organized in 1919 for the purpose of acquiring the entire telephone system of St. John's, Newfoundland, and surrounding district formerly owned by the Anglo-American Telegraph Company. Limited. '

The Company now owns a thoroughly modern telephone system in the City of St. John's, with provision for an ultimate capacity of 10,000 telephones. its system extends throughout the Avalon peninsula. SBIVIHE 8 populating in excess of 100,000 with telephone exchanges at principal points. Further cxtenswni BR 110W 119d" way.

ENGAGEMENT ANNOUNCED- Mr. and Mrs. John iIIEOKIIHlOH, North, R'ver, announce the engage- ment of their daughter, Sanah Lill- ian to Mt. John Reginald .\'i0l‘L’(s'l(i£!. Aiarrlsge lo lake place early in the New Year. . 3484

CHRISTMAS GlFT - Send the Guardian to your friends or rela- tives away from home this Christ- mns. They will appreciate the Is- land News every day of the year. ti‘

CRAPAUD-Services Christmas Day, \v'll be u celebration ol‘ lho Holy ‘Communion ‘u 1000 n. m., with ii short iidilrcss. and by spec- isl request, there will be i]. ci-lclirn- lion for (he young people ill 11.011 o'clock. Sunilny iiflcr Christmas. cvening m-nyei‘ nl 7.00 o'clock when the sermon subject will lie ‘Loni-toils frdm tlu- (‘hrisilmasi Fusi- viii."

SPECIAL ‘CHILDREN'S MAT- INEE zit the Prince Edwenill ioiluy lo sec Mary Pickford in "Spmiroive" Children's price 11c. ll

The Company operates by virtue of franchises granted under or by Acts of the Legislature of Newfound- land. giving it operating rights for thirty years frcm September 2nd, l9lQ,'-"€XCl1lS1V€ as to the greater psrt 0t its territory-subject to the right of the Government upon one year's notice to purchase its plant at any time after 1934 at the f 'r value of the property for the purpose 0i its 115E-

Bonds will secured by a specific mortgage and charge on all properties. equipment and other fixed assets mid franchises oi t Company now owned or hereafter acquired, and by a floating charge as to aii other assets. Further Bonds of er Series may be issued to the extent of 66 2/3130 of permanent additions to the Company s properly under resfiiiictions set forth in the Trust Deed.

The proceeds of Series “A" Bonds will be used to retire presently outstanding Bonds, to fund expenditures made or to be made for extensions and for the general purposes oi the Company.

The Trust Deed will provide for an annual cumulative sinking fund of o1 p_ar value of Series Bonds now to be issued, plus an amount equal to annual interest on all Bonds of Series "A ‘ preyinusly rcdcen._d. commencing December 1st, 1927. which will be applied towards redemption oi the Bonds of this series.

A report made on July 27th, 1926 by P. R. Colpitt, Engineer of the Nova Scolia Public Utility Commissitcn valued the Company's undertaking as a going concern. including current assets but without s11)’ all-"Vibflff ~01‘ franchises or goodwill. as at that date at $703,500.47. Including net additions to beprovided frcm proceeds oi this financing, the assets of the Company will havoc total valuation on the above basis in excess of $800,000 as against

X 1 l $400,000 of First Mortgage Bonds now being issued. N‘ llfllel

ACKNOWLEDGEMENT — Tho lPrcii Dlspeni-iaizi" acknowledges with thanks tho" rolloyring imiuinls: $25.00 from lhc Knights 11f (‘iiluinliu .i.(lil from lhi- Lab- or Protective Ilnion.

Presentation to _ Rev. J. A. McDonald Miss Rhoda ICaston lei’! yoiiler- __ tiny in spend (Jhrislmas iii her

Ono of 1hr‘ yilnnriiniy parts‘ o1 the lmm" l" 17‘3°l“55@1°“"'~ Dncmnnoi‘ illfilfllng OI ill-l‘ liPnlltl iti- v , ———“ _ yup yyqmpn a ,,,,.~,.,m|,._ was H“, mp, .\ir. ll lllnni Aiclntyrie, son oi the Rpnmno“ m m, ,,,,,,,.,._._., “m, i, “W; lrilc D_r. Mciiiiyrc, Montague, who M1,.“ PM“, n, Hm Ho“ Jmm _,\_ is; luk rig u. course in medicine at MCUQMHHL .\lc(;'lI Llnlvc-i-siiy n1‘l'lVBti in ‘Char-l

During m“ pvomng mm m» m‘. lultetiwivn yesterday morning for n. pa“), mo". H, [hp rlarophlfl] ],_,,m,,‘\'iiiii to his home ‘n llmilague, 411d united the gl-niai pnsior lo ac- _ '— _ _ .001l1paiiy him lo ille home oi‘ .\ir. ' James S. .\I0i{lll1iO1l where mo‘

.\ir null 0 illilou

PERSONALS

Miss Peggy Lamont, of ForectHlll, London, adjudged a; the Al- hert Hall, to b0 the moist beautiful girl In Great Brltialn. Thousands of grlls representing every pat of toe country and every type com- piled for (he honor. _ - l ‘rum or ruiocs UIsSIfIX-tll-

ms. nice-mug WZIN homg held. 13in he

T.\Bl.l-‘..\l'.\' FOR .-\ CIIRISTMM; graciously consented lo do and‘

.\lri: Itusscl (iillis lust “PPR nfli-r llvln

I-r-uurfitvr-v

granted the right. by the Governor in Council of Newfoundland. to-increase its

Jiiflii

‘llic Prrslrvicrinn (‘Iiurch in (‘unnuu c1111 show u rcmnrliiible record of long mlxloimry‘ service in lhrsc of its hon- rciirr-si-nlnlliws, whose combined tours Ioliil well over iwn lilinilrcil \'|‘.Il‘~l, \-l1..: Rcv. James Buchanan, In iirc Illiil flciii iii‘ (‘cnirnl illliiili ilnv. Jiiliu Wllklo, in lill,‘ (lwnllor ficlil iii‘ llic sumo country. illlli Iii-r. Jonrilhun (ififnrih, n ill! hns l-icrvml in inriny Hill- z|l~i'hl_i‘ In (‘Iiluu ilurini: iliil llf.» limc. || umilil lic illlficnll in iii-iii this row iii-ii oi‘ iloviilcil ni-rvlci- in (his 110111111’ IIl“|I of (‘hurcb Work.

4

1

MA, THAT'S WHAT I WAS WISHIN’ FOR

You remember‘ the bread and mllk of your ' boyhood days? Refresh- lrig bowl of goodness. wasn't ti? Our milk ll ' pure and good —— 0rd" l! lent to your homo rmfll-

' lnil.

v u

- s

g t

YIIWURE. MILK C0. cm; _ ' 30W Ilie Cluililandflkfld lln Ilaticvi ‘l’ ,Pi'IO,NE=584 ‘i’ i‘ ' J. Lester Douglas Wholesale Produce S9 Queen Street Charlottetown, P. E .I. WANTED

l

At our Wai-‘ehouso. Char- lottetown. '

~ 1

11E ‘ m

1h m be disturbed If you aud- lY rulln ‘ you hIVO allowed ‘ OOII supply to‘ dwlndio.

"In Provide you with ‘the very It reasonable prion, and on - ll delivery. "

"m: imxmuu or duh“

, ~11, is i.“ ' ‘ 170

. i Thc

PROGRAM. |

.1‘: .1 Jossllile vurlritlon in n (‘hi-lsr. inns |11‘fl|.'I'lll11, it might be n picnsunl, i.-li_niigi\ to have nnc or rilore tulilieunv in which a number i-l‘ clillilrcn (‘llllili trike purl. rind plnci-s form-l iur illusi- oi‘ illffcrcni ugcs. I

if Ihc l‘iliit|l"“ll liiivi- ll(‘f‘I1 rcuillii: I'm-h- Itciuus. ull about 1l'rcr llubliii unil his nilvciilurcii. they uiighl cujiiy milking n lliinny (‘brliiliniis Fi-iillrul.

t (‘uqliiincs I'm‘ Innmlmcnri- not illfll- wnli Ill inrikc. Wliili- ciiiittin fliumi-I l~i iioft iinil prcily III mic or riny wbllc luiulcrlnl. llnuilii filling closely‘ zirounil 11b.- fnco urc lhc prlriclpiil purl iii‘ this ll‘llfii|lilll'. with iituffcii cririi sliiiiilliii: up ‘from ihcm. Wliilr- pnjninn stills with incl‘ ‘in lliclu, umi nllItt-nii \\'Ii|11Illi iliunilis will ciunplr-ic ihc outfit.

(‘lirlnimnii Tire iui llnckgriiunii.

Thi- youuiziilcrn should Ilt.‘ cucouriigF (‘ti in nlisiorvn rubliili: iio ns Io 1:01 ilfl luuny inlcrciilini; |IURPII us possible. Falling, thc llvi: ilnllitniii’ ))I(‘AIII'\‘H cun, be stuilli-il. .\ (‘hrliitiniiii lrcc ciin Inc,‘ n I\.'1I’i\' !_'i0Il|1(i for the group ivilh liuii-. _ulcei rirrzingcil urounii ii. Thc ccnlrc ‘piiinl oi’ inicrciil might hc n iimnll Iiunuy rcrichlng up for n cnrrot girl-iii ‘to ii friiiu lhc lrcc by ll lnrgc rnbhlni (And. of course, lhc lrcc iihnnlrl I1(\ (Tilll- , ‘mi-d ivllh carrots. l

l1‘ llic clillilcrn hnvc Iiccu Yfflliilll." ‘lib-lion's "Christmas Cnrol" lhcy might llkc lu nrriingc n scene from that for: ii luliii-nii. llnli (‘rlitchlllfii (Ttiiriituuisi iii illlllll [iopulnr nnil in lhnl lhq flrr- ‘pluci- would lic thc ccuir-r. if uii ll- lustriilcili-ivpy- 0i‘ the (‘arol In rivuil. able lb» cvsluuu-s could llt.‘ iiludIi-ii, fund cnpli-il iiii wcll us pusslliic with lin- ‘iniiicrizils Ill hnud. Th0 gcncrril sci-ni- oi ilomciiiii- contciiiinciil in iipiic of liti- lii-ijsily. is ili\\'i'l\'ti uppi-nling. nnil lill‘ cbllilrcn \\‘l|l luv.- 1)t)1'II'1l_\'Ii1R ii.

i Own Version iil‘ fiunln (‘Inns

youngcr clillilrcn lilivc iicep» ‘or lulc-rcsi in Sunni Chins. ffht-‘v might bc cncoilrngcii to nrriingc tin-Ir _ou‘n version of Sunni niiil his pnclr, bis lrciuili-cr, his clhub down the cbiiuni-y lllltl this ueuul stocking bringing on lhc llllillilt‘ sin-ll‘. Ii‘ it \\'t.‘l'l‘ iirouizlit out lbul lbi-i- must supply ull IiIP IIIIKRUN‘ Iii-mi for‘ rosluincii uuii liiickgrouuil l1i1l| nrr:iiir_-0iiiciil, mun» vcrv lutcrcsilug lilcim might result“ 'l'hc grown-ups might luivix-iu rc- iitriiiu lhcli- desire to luugh. but that lihev _coulil do. Smuc children lovc plnnning things o1’ llila sort llllti If iii vnlnnhli; QXIWHOIICB for lhcm 0t lum- ill curry uni ilicir liIi-ns within in“ 1iio~ its oi’ practical possibility. i Christmns for inc birds Iias IIl‘(‘llv ' suggested before, but mny 1w coiuiiilor- l crl niziiiu. This could be nppriini-lii-il 1n two wrivii. One tiiblcuu could nhmr l

lbs children arranging food for the fair.

hlrils. with nn out-ohloor soiling. 0r unolher tiibloiin could be staged, with lhc blriiii busy ciillng. Bird costumcii. with vliicr clips uinllu lo reseuibii» lionlin. unri cnpcs, cntiglit iit lbc irrisis. fur ulngn, would not bo loo illflfculi l0 mukc. (‘olors roulii tic vnricil ni- cording l0 Ilic birds rcprcsqplcd

(‘lirlllrnnii In Hospital.

ll‘ nu nppcul is miido for tvclfiiri- u-orli. u liibli-nu showing; (‘hrlslmns In ll ‘hliiipllul might be arranged. ‘ .\ i-bilil proppcl up in bcil with pillow‘ ir-iulil lic llli‘ ci-iitrn oi‘ the group wlili i-lillilrcn In iiul-of-iloors clollicii sciitcil nrruuiil blni. ‘.\ ncnrliy lulilc \vonld iIilYl‘ n. t‘br1iii|uiiii trcc, with lltltillifiwl iii‘ illffcrcut nliu-ii. (‘Ir the packages‘ might ‘N! licniicil upon 11m Iicil, ivllb ilu~ child holding up ii my 11c hair Juiil unwriippril.

Thr- iloll‘ii (‘Iilratinnii wiiulil Interval iliv klnilcrgnrlcn iign youngsters. 1‘1|i\_v could ouch contribute ri iloil. nnil plnn llu- iii-llluu of tlm iln1l'ii celebra- llou. A iluy lrci- wllli llny cilmilon ivimlil 1m pretty nr n small flrcpliico. ivlin lIuy iuoi-liliiiiii hiinizlnir from It. Ii‘ (be vbllilrcn nrc nlloweil to plim niiiI iurilir III much of lhlii liihlcim -nri llicy n". nb1n._lhi-,v will enjoy it iniirc. And l1 will lic llilfl" to hi- orlgluiil.

A Doll's Christmas. ' And with ihlir iiiblsriilil. when thc curtain rlmi on the fair lcenc. softly- niviiim whim-imam. there can he 0m- qging mm. and that iii. that not one 0| it" cbiiriiricrri will more. I10? II much mi blink an e70 IIIYI- 5"“ '7 some mini um 10m w! "m" "M" s*len.'a.milfjfip,1tfilirlli none ibi- chi. nil! Ne?! 011i- 1911i be iniro to cri-

joy thi- Doll's (‘hrlstmnl-

_ our sympathy.

Base-ball Scandal

llisiOry of the iziimv. '1‘v 001111 M"! Tris Speaker by Commissioner Kenesiiw, Moun- tain Liinilis, in nu ciipoiie of sci!!! (ills that went back ‘lu 1919.

your crooked world's series lidlww" "l" White Sox and Reds. gin Peach“ and Speaker. 111° "m" oua "spoke". their names linked with "Dutch" Leonard and "Smoky" .100 W0 I. bdth former Amer'can League Pt- cher stars, in s conspiracy lo lbe on m‘8133890“"gfsgghiamllpllzzzez? wlm M. “Mn” “m,” M. mmn", labor unions, trod» councils, i-lilc

IO 1.111 B , ll

Detibit on September 25, 1919.

11110 Q1116 UIIMIIQPP-FLOIIGO .Da41v~ Nona-imam

. , >

when lie niid taken 111B place in ihn l

company’ 3h.“- J’ u ‘wcbelmn ma“ past summer in Chnrlottcioirii.

ihe following niliiresis wlulo Mrs.‘ l-Jil. Lnrkln miirlc ihc pi-enenlzinon.

To ‘the ttev. .1olin A, Mciiouald,

Grnnil ltivcr, l’. It‘. l. ‘

Dear ltovercud 1<".itli0i-,-\\'i- till: members of -tlic Grand l‘. vcr eniq ilISllIIIIfX-IHHW-l. l.'ll((‘i1 llflllllliliy of expressing lo ynn our sympntli)‘ in illl‘ 109.4 wltlch you' have susiiiInc-il in lllt‘ lug or ‘the [Hlflltfllilll Iirirne ouiy ihc barns were ilesilroycd bull many or your pcrsouil liclougngui as well. Tho luau has hoary one iilllgihlcl proof nf llll‘ sincerity of,"

You have ever hcen most riollcl-i lousfor both the spiritual and (‘he ) material ivettnre cl‘ our comriiiiuily. I Yours, ileiir Reverend Father, been ‘the hand that has RlLileil and] foslereil every worthy enrcrprlsiy that has been accomplished in our I midst since your coming ‘lo I151. evidence

the inauguration of Ollr rural tele- _'\\'(‘:"_'k"““ phone and the construction oi our ‘ ‘ ‘

community hall-works which you iiCCtlillpllilleti iluring the early icam oi‘ your pns'i01‘11le—\\'i1i0

ilnil ilirecteii iidlltl.

‘imbued as you are with such a‘ progressive spirit it was but natur- ill lhirt you ‘should he ‘tho one to suggest ‘the formation of ii local branch 0r the Women's Inslluli: and this you iliil in 1924. During the few years of its existence Y0" have given ii every encoiirgemeni. and ass 81.11101‘ in 1011i‘ power. ll isi therefore u grout pleasure to us l0 know that our past year has been such a successiul one that, we are able to ofier ‘this donation as on evidence of the affection and culecm in which you aro lield by tho Grand itivei- (“liillltilfg iilS‘i.l- lilo.

Dec. 1i, 1920. '

Father John, who hit-s n11 envi- able reputation as im 8X‘i(1l1'i]10l‘.11‘_\’ speaker, promptly rose ‘io the occa- sion and in elegant iind witty lan- guiigo ‘lluukcii the ladies for their generous gill. He commended the noble work whch they liail done iluring tho short years that hail elapsed since ‘their organiza- tion. Ile also expressed the wish that they migh-t. enlarge their work so its l0 give act ve encouragement o lhc holding of u local school

ihc Gra lltl ltivcrl

l

p

p

l‘

c

ii

liuni-hcon wnu lhcn served and i]. pleasant social evening brought to ii happy closo. N.

is Revived

(Canadian Press) CHICAGO, Dec. 22.——'I‘w0 of i110 izreiitcsl baseball players In i110

(oilny were named

cfmaxuil by lthe 1111110

ihu Cincinnati ‘Cobb, famed us the "Geor-

of the luiliiins hiid

W

lCorroboi-ation-A class in ii Lon-

donvlchool w“ “t to "Ragga? ggnkggfillglrlllile rnylgillétegialteo s3 w‘: 5'10"!" of them nuns-ima-

‘Mother!’ When the

came to mark the exercises lie no-Isabhml‘ 01"" 113d that ‘two boy's. ‘brothorl. had All ‘Im Di "Joint: u: Gambit: nod ti. the boy 11°‘ ""2 A" l‘ o know to Ibo the culprit, "you've ‘Null? P m“ d ‘Mo: just vrtmt your Another ‘bmll- "" ' ' n “'-

smie wofds.

"Yul. dirllqciime 1110110131)’; "It's n

mung v1.1-

ltiiiiillliz ills‘ In

‘Vim!’ iriir ill r1111; pp.|-,,;,._.-_

recent Iuirn- llum liiii-liiiiuiu, N91 |liii)\‘ lii-ullli. ‘

he?" ,l liiinii- lust wci-k m Rpcnii lior (‘lirli-lluui. . ' II i -- i" . . .\ .- nml we would m." gin‘, iii» duy \\IliI licr piiinlu \ir nuii lr~

lllvci"

has IlIl|I|1t'|1(‘li

A9, “Pirilrli of ‘m! we nhgm nlemfm) imli_y' “'11P! li-ii n! llic hiunc of .\ir unil

m‘ .\ir Iliirncy hincTn lnfl 11101? P0081111)’ YOU INIVB OFEIZIIIZUCi Land,

IIIIH tho ciuiirucl of supplying lhc 110i» find Prcsbylci

.\luc\\'lllInm.\i iii‘

inuls iii‘ llic Eldon is cunflnirii

tin .\iiic’1‘iiguc, Vullcy. lliruloscph Dis- ilou.

iiircr. .\irii Null Alnirimiin. hlclvillc. .\ir Alcx Miii-Phcrnou iiliil Duilglilcr .i\nnlc, Fliil lllvcr. .\lrs Wilfrcil .\incll’llliiiriis. (lci-rin Vii-n’. Ilirii Ni-ll Riorrii-‘on. l'ln-

I'r||u. Frcilcrlck Puutoii, ltoiicberry .\ir \\‘ll~ liiiiu iliicllnc, Polui Prim. .\ir Tilflnlllb hlacluennuu, Eldon. Miss Florence Mul- Wlllinuis, Eldon. linms. Elliflil. l~‘li|t llivcr.

Pctcr, .\ir licrmrin Bucll.

“my “pm 813d w come. for “'5 live. serviceable not ‘only to llii-mnclrna

i; (I10 _ The Company has been i rates as from January lst. 1927. O

.\ir Vvrsinu Afar-tin. Brnilnll-iino wns the average m other telephone Centres’ mother in .\ir lluirhnnriri s! wot-k.

l-‘ruiik ltosii min u \\'l‘il‘ili1ll‘ YAH-

.\ir nnil .\ir-s Wlllic l), .\1ui‘l(cn~ Flui iii\'4‘l' I'l'l't‘ll|i_\'.

.\ir same basis for the year endin ' _ December 31st, 1927. with new rates in effect, net comm

ru lhiil \Ir.~.‘. \\'il Iti..~i*l>i~i'i'_\- is \iill in

\\'<- :|l'.- .‘-iil'l'_\' ill i

Bonds being issued.

from 900 to approximately ‘monthly.

.\ll.~i.~i Puilicrluc i..'ll'lllli‘l.‘ rciiii-iicil

I. .I. iiilfilllilt‘ iii‘ Iilliliin.

We oflcr these bonds for delivery if‘, _\\'l|cii .\ir Jul-k Sluizlciivn nl‘ l-‘lul by m” counsel Ofauproceedfngsl ‘It- wns ilrivliii; .\ir MucKciizIi-‘r. iorui- inst wcck hp wmi thrown from ho sleigh in u riiiiiiiviiy lint us luck Iic cuciipcil from injurli-ii.

Allhiiuuli wp iiuvc iuunv xnow storms hi- slur-k ninkcs frcqin-ul visits uroiiuil unit \‘li-liiil_r. A bouiii-iiii:

‘ITYIIIIIIIIIITTI’

.\l:|i-I'hcrsoui1. lililon llloi “Torn-REAL TORONTO HALIFAX SAINT JOHN

hints .\l:ir;:rirr‘i li-ii-Tiiguc. iluughicr

lzuc of llic vullr-y

luul 'i'uci-iil||_r for i'ncli.' Sam's

“stiffness

IIIUIIIJLIJIIJIIJIJIJ s:InuuniIH1111:IiilIJnIII-n-III-I-"IJAJJLIIJIII

perations have been carried on under its original rates which have been below

Net earnings for the year ended Decembenéllst, 1925, after ‘deducting all operating and maintenance charges and taxes, but before depreciation and available for bondmterest, amounted to $46,767. equivalent t0 over one and three quarters times the annual interest of $24000 on Bonds now to be issued. Net earnings on the g December 31st, 1926, are estimated at approximately $55000. For the year ending

gs before depreciation and available for bond interest arc

QUEBEC

111.111

.\ir Ewcii liiitlfinclicrn of (liirficlil

n Church with iroiiil. hlsicil by Mr \\'ill'rcil Uccnn Vii-w.

Within Twenty-Five Years

..___-

lion. Tbvro

ic is 1min):

gross. (‘iinileniied from The N-itliiuk lluiilnciis quiiricr (Junc .' ii)

Thcy ivcrc nlrnoni unknown n of ll cvnlury iiizo. Thesc iin- ilcriiililntrii ronuli not only

Wu nrc iiorry in hcur-thiii .\ir .\l.'ic- Ilvyul llunk o!‘ Pnundli. livthi- Imum,‘ \\lIl1

lur

lcnrlsyz _ ' r-i l‘uin~ tunic In less cuiilii l0 cnmuliucr. 'l‘I:c (‘lllllllliltiifil vnlur of intensified 11%| ____ ciiucnllon in Atnrrlcn There is u lunrkrii chnngc ilurlni;_vciirs in lminciii-iurnblc. T0 n". Eh 0m \ l, _ I _ , ._ the past 25 years in lbc Jilin! iilijlllil‘ 'l"‘|1l,‘|‘;d'|£,u‘i_ employers rind emplnycmi i('I\\'.'ll'l|h,\"l‘ learning tlinn n11 the rust of lhc: h M‘, mm M“ Mnhmm mum“ Fl“! wngcs and conditions iii‘ labor. i“(\l'lll-i\\'f\i'lli pill togclhi-r. We hiive Incl-cus- ’ crly. the employer consiilcri-il 1i twin in cd illt‘ icclmlcul pcrsonni-l iu every iiw Iibi interest to usu lhc iippiiriiiullli-k i-i'.i-uui~ of production upon n iicule vniilly- llllfllllllflytllent llilli Iuiuiigriiiiivn Iii lIIFKPI‘ ihnu any (IIAIPP nntlon. “'0 arc |Il\\'|‘l' wiigeii. Tbc l!)\\'l‘.‘li iriigcs unilircnplni: lhi- licnifilii of some G00 iri- Iougi-sl hours wi-ri- ihi-u i-ruiwcli-cii n: (iiltlifiill ri-scarch liiborntorieii inoiiily ilu- iucuns lll nitnln l0\\'l's| PTIHiIIFIAHII csluhliiihcil In the Inst l2 your». The-y iosis Hill] largest p_rii1'il.~i. TIIIAILV lbi- nrc 4't‘lii~'i'il‘Rbl_\' swirl-hing for invr-nllon iuiiJm-lly of c players in ilml-s iii lilhi‘ uuil for v-iimmiuy- In iuoihoils imil um.- pcrullnn extra lsi cvcry IAIIYAP!‘ to Illilkv of ninicrlnls. fiils meet before resorting '11 irzliiv i-ilucllon. Thi- prciiiiuri- iii‘ high tvngi-s “'1.- ll-‘l\'l‘ in this qutiricr of .1 ci-n~ is forcing IIIIIOP-Nlliilll; ilcvlccs rind hi~|~ tury through thc Government llillil lcr administration it! on cxtcut ‘which through prirnli- inltlntlvc vriiiily i-.\‘- _i»ffilmcs reduces liihor costs pcr iinll i-iiuilcil our system oi’ business lnfor- . v“ 211i‘ production Iiciow crcn lhiiw- i-l‘ thi- miilioii. This mnkcs for more intelli» ‘i-hciipcr Inlmr found uhrunil. (in-m, judgment in the coniluct of bur-ii» ini-ss. li has crciiicil n higher lcuili-r- 'i'hcrv- hriii lmcn illl i-qimi ri-v-dulii-u will]! In industry and comma-rec. At in lhc \I('\\'tI ol’ lnlior. ll is not runny uii ilinu in history Iins this leadership lv-wro nrm since lniior unions couslili-r Hi-cu iuiiri- rlrllc tluin loilny. I‘lil‘ll iiilll ibc inrrxlniiim nf Jobs IIIHI iln- gri-lileilt security Iii u Joli wcrc i" lio iitlnlneil by ri-strIi-iiug i-iTr-ri. Today llliltll‘ is

Iii-rmcrt liloovcr, Secretary‘

Visitors lo lill.‘ cily Iniit wci-li lll- meme‘

ludc. .\ir linn Ross. Plncllc. .\ir .\l:ir~

dny we have nlllluiii- ui inorc Pillliflilifl in instiintlonu of hlgli- 11111‘

tic. .\ir.~i Roderick