izspnsssurins MOT

. Accompanied by Francis Mc- Nelll, Mrs. Gabriel Gallant is seen -placing the wrea zsentative Mother at Remembrance

th of the Repre-

And Banquet

Most of the arrangements have "cl inch gnd all retiri- been completed for the annual ban- lgwodggkmfomgg gg . very late quet held in connection with the ham.

. Mrs. Anthony Finnan who spent will be on Thursday and Friday the put 3 W5” .5 . mum: in in the Exhibition Pavilion. The Pun” County Hupngj, banquet will take place on Thurs- the we..." Homing on Tuegdgy, day night at seven o'clock at the October mg 3" may mean hope Queen Hotel in Charlottetown and am ,5, mu "0, 5. gm; to jobs officials said also that anyone wlsh- he, "mu, 3 he, ham. hue,

, Clayton Carruthers visited Sum- ervations at the hotel by 10.00 o- Inn”, on wednudu, 31.1,

, Miss Nellie Arblng and Miss Mar-

”Tlh;)s lw-'8'; tgengudtlnguofpfgfg le Luce Pltrc of Woodstock, ra- w eneaso .a Mnlndmrj, Cass of Summerside, who has had cenuy vtmed with many years experience in this work and is recognized as one of the foremost Judge in the indus-

- .Bugler Alban Gallant, official of the Summerslde Iranch of the Canadian Legion, is gen sounding "Reveille" during A .

Remembrance Day observances at the Legion banquet in Summer- side on Saturday night.

(Photo bt Wotton)

WESTERN ouiinniiii

meeting the Convenors of the Membership, Education and En- town and left a tertainment Committees gave their reports.

following motions were made and carried: that 81.00 be taken from the funds for rent of projector; that 83.50 be paid for a spray fir

Yeilefdly afteroon. in a show- window of R.T. Holman. Ltd.. a in

slept peacefully in view of

crowds of people who passed by until. at the opening at the

in the Civic Auditorium. she was awakened at the ot the tiypnottst. feeling rested and re- laxed, as she afterwards stated.

to Summerslde by the Summer- vcry favorable reports on his to capacity and the "8 early in the evening.

money's worth. Dr. Kit demonstrated that he

is a great showman. not only in P.A. would serve the lunch. II- the science of hypnosis but in the sisted by the W.A. to the me!!!- realm of stage magic as we.lL bers of the parishes who will 50 His show was clean, most lnter- present to hear the address on estlng and instructive and the Wednesday event!!! to I30 UV? Y'S Men are to be commended by Rev. 'I'.D. Dustan. in Ml!!! for bringing him to Summcrside Hall. principal of the Boys school in Palampur. Indu- An outline of his show would then served by tho 90131111"-09 1' take I! great deal of copy to do charge. in Mammal it just ce. He duplicated and more Square in Summerslde on Sunday. than equalled many other mow-

(Photo by Wotton)

to entertain an audience.

Plan Fur Show

Live Fox and Mink Show which

ing to attend must make their res- clock on Thursday morning.

York, will judge the mink.

Hears Talks

"1-ranrnv SALE at Holman's Hardware. Thursday at 2.30 spon- lored by Malpetpe W. I.

TPANTRY SALE and bazaar Kennedy's Store Kensington. Sat- November ii'Ith. at 7 p.m. w W. I.

RAYMOND Grant optometr

Saturday, Novembe. 17th.

ANNUAL Meeting, Irlshtown Community Hall on Friday, Nov.

MAKE your appointment now for 35-qungn 1-hm-,d,y nigh; Christmas portraits at the Read lance, Kaisington legion Home. 0 Music by Mellowaii-es Or

Dancing from 9.!) - 12.1). HZMR ""3 hon" coon”

sale. Presbyterian Hail, Kenning-

ton Saturday December 0th at Shield "m "”""'t . . .

Then a very interesting account on business. of Miss Elizabeth Reid's address Tug; Annual mgeung o( King in Summerside. was given by the wood lots cutting the winters seven young ladies of the High supply of fire wood.

Firmin Perry and his sister. Gallant motored to Wellington on Sunday. November 1. where they visited at the home of Mr. and Mrs. John D. McNcill. (nee Kate Gillis of Howlan.) Several from so Anthony's lsh went to Mount Carmel on day afternoon. November 4th to attend the Assum

-- TIIE OFFICE of Raymond Grant touletrist will be closed from v. 5th to Nov. l0. For appoint- , ' g 1- uf . ff.';.'"L,,?.E: ,3'.,ll,'.,;'fb.';”'ll5..,'f :3 School. Miss BsrbaraMDa;lruln'tor:; , 1r 1 mp. duced the speaks .. a a Mrs. J nedequo Cy," M" nu. about Miss Reid's living the life any of the people in the Far East for eight years. What she talked about was not what she heard or read, but what she herself had witness- ed. Miss Reid was able to take pictures'of many of the incidents and places and those she showed to an interested audience after vention there. her address.

. PLAN PANTRY 8ALl- Ar- rangements to hold a pantry sale this Friday evening at Holman's Store were made last evening by members of the summerslde Busi- ess and Professional Women's iub at their regular monthly din- ner mseting at Muibeny The president. Miss Barbara Smith.

resided at the meeting

rcsslit were Miss cutt. Mrs. Charles . and Mrs

CROKINOLE and card party, Clinton, November lath, szao o'- proceeds for spring Hill re-

RE?ERVE Saturday, Igecesnba Lodge. 1st, or pantry sse an bass

in Remington United Church As- sembly Hall. Junior Womens Aux-

, 3,, count of the sufferings and hard- nucrzvfesfiedxmgztdsayt Nov- 'Ml5' "I ll" 9” I” "I ""3 K ember 17th 3 - 5 p.m. Kenslngton

Miss Barbara y kept the m L.dl1e' A'd w Prince Counw Hm. ICRO KEBIIIY IIISCIFQIEQG with III?

. FUNERAL BIi'.lIVlCE- The in- neral of the late John Lloyd Small took place yesterday with a short mily service at the Compton Pu. rsl Home at 1.45 p.m- followed

conducted by Rev. deacon Harrison. and the Anglican choir. Pall were Elroy MacDonald. Brucs Mar y Davison Big naorri, , und Compton. in Cemetery

account of the

hop of Hong Kong who has been

and plum pud- imprisonadby the Reds for three tb

of Mrs- Robert years. Miss Anne wedge told of

Thursday, Nov- another incident when a French

Missionary Priest was driven out

W. I. of China -"Jud be foi;cIsd the In ha i to carry in out.

Tbglhlll-'I:I'll.Ilgl and hardships of with due ceremonial. for their no-

etlilei the people of Korea were well tionaipoat.iheirnationalfood,aad

described by Miss llmmelino their na

-"Dom thiamelnthatthelcots

wce told with intaisa feel by in Csnadm are any the less good

9'' Miss Maris Arssnauit. Miss eaa

As-senault sdded a few details to

the account of Vlot Nam and eoo- across Canada

clndod by quoting Miss Rdd: "We land to Vancouver island. as

five. Sponsored by Darniey

GUEST SPEAKER -The name of Mr. John W. Murphy. th

pearing under erTlI:y's edition. in his interesting talk Mr. Murphy with the evolution of demoe

who died in its defcs

Professional Cards

.---CIIIPIOIOG .5... . Accounts nis

. 2 INSURANCE

4.1:. suisuusisu

Miss Bella Gaudet gave an ac-

mnstconfrontlivingcommoaismgie W csmothshllhllshtclt-ht"?

Elli ii in is ii Till f :

vsryhtdrssttubosr s'.".'.iii........,i..:i-15..

P r- S

Dr. Kit Puts On Entertaining Program At Civic Auditorium

rneainthsssmelinsasdthe udlence.

wutha befall- his

St. Mary A. -Y. P. A. Meeting

regular meeting of It. be" 3” ed , "1"?" "Id 3" J”I""' AtY'PlAt CIMtT:.tlI:ouehusriai;ect::r'i.trgt

eralism in government. and some sort of pluralism in the general

Th! Illlll-III” side Y'S Men and as a result of of the evening was the election of gggagciziucztgi 'f"”" '3- " 19””-

for 1956-57. he now - ability the auditorium was filled slate of.olflcers is as follows. '"""' 91" WW”

was held III St. The Dr. Kit show was brought Tuesday evening at 1:! with ,.a large attendance.

llary'sIlsli0a

HOWLAN.

The annual mectins 0' 5l- N" thony'g Credit Union VIII htld II the parish hall on Tuesday llltlll. October 3rd. A Vefy 1111' "'""d attended. The ladies

J. B. Arsenauit. Mr. and Mrs. A. A. Arssna andhMrs. la':;i'lPtdIrsn.u Joed Roc es, via . an Mrs. try. Mr. Georse MIN? 0i the 5' J. 3- Arsenauit on Sunday evening. merican Fur Auction C07. New sympamy of an g:dlnggulln:'(y .9: t to t family W. R. sh-w will be to-um-tar iii. late ii... mi. ni'.'n2i.i.4'.i ..r at the banquet and Mr. Lloyd Loch Lot 5 on her death on Wednesday erby of Hamilton, P.E.I. the chair- morning, October 31, Her -mum. mam er and son-in-law, Mr. and Gus Gallant who had recently visi . ed her hadnlonlystg.ona back re- cently to U ted tes. Mlscouche H' & 5' October weather was perfect all during the month so that farm- ers were able tod harvest their p ofgrin n potatoescm- The regular monthly meeting of ;lre.teIy in this district, now what the Home and School was held is badl on Thursday evening.gNovember rain to do the f B, in the Convent auditorium, with a record attendance.

Mr. and Mrs. Jack Platts motor- ed to Borden on November 1, After the usual business of the there they were met by Mr. and Mrs. George Barbour of Charlotte- is a weeks trip to tea. They will visit with Mr. Platt's sisters and broth- During the business session the er-in-law, Mr. and Mrs. Torn Bur ton and Miss Helen Platts near Boston.

Messrs. Finnin Perry and Ar- thur Richard motored to Tignish Remembrance Day; th t 823.00 on Thursday afternoon. November be sent to the Springhill 9 Dis- ist

aster '

the United Sta

Mrs- Leo Aisenault visited with A of the semi-annual Mrs. Harry Arbing of Woodstock

meet g be d in Charlottetown was Wm be in M; Tignml om” 0'' then given by two delegates. Sis- ter St. Mary Eugenia outlined the program of the afternoon session whila Sister St. Emmanuel gave an interesting account of Mrs. J. D. Taylor's address at the eve- ning session.

After taking the Roll Call of tor at 7.45 in parents in attendance it was found that Grade XII were again the happy winners of the Attendance lant and Joe Gallant motored to Alberton on hidsy, November 1

recently.

The funeral services of the late Mrs. Mosic Blanchard of Lot 6 was held on first Friday morning at St. Anthony's. Rev. Fr. Pltra of- ficiated.

Mass at St. Anthony's on All Saints was celebrated by the pas- the evening. A large crowd attended

Messrs Lorraine and Jerry Gal-

Several men are now busy in

this we shall have achieved the most important of the bases of Canadian Unity: growth of vision and faith in ourselves.

FOREIGN INVESTMENT

regional problems is true also in our national problems: we must .59 what we judge best for the welfare of the country as a whole, and our thinking must be on thll level. But. further than this. I believe that a discussion of na- tional problems In some way cm- tributes to that national unity I was IPOIUIIE 0I- 1' nmk" " more aware that we are one nation from ocean to ocean. and unites us in knowledse that We have Problems in common.

Speaks On

'Continuodfsompagei

so of the Bis- with which you in Prince Edward nd have had some axperienco.

his a "Now, the Scots evince What is essentially a sober and God-fear ing solidarity in such things as ea- tertalnment and highlind games. show a reverence. oftu

states investment in Canada.

ter for serious contssnplltlon In recent years. clpeclllly III"-it 1'45 when the present largo flow of foreign capital into this country . had its beginning.

Canadlansf I think

half of all long-tarin investment

E T i

I

ii i sillil

'national unity we srs ueuug 13 must be the product of diversity in culture, in talent and skill. is It must be achieved in an atmos

group interest and activity.

freedom.

equity and assures the dignity of individual lives with a minimum of specific rules and regulations.

"In politics, this kind of unity is

C0-OPERATION

"slmlllfly in the economic sp- here. we must. I think, adopt a kind of "economic federalism" WIIEFO. within a legal framework that prevents abuse. economic groups can. through judicious

tect the best interests of the econ-

omy as a whole.

"Thus, the pursuit of certain o conomic ends, although well with- in the law and apparently advan- tageous to a particular group, may be entirely wrong when we extend our consideration to the economic welfare of a broader group. We can see how the eiforts of region- al. agricultural, industrial. labour and other goups to improve their own positions may serve to de crease the welfare of the nation as a whole unless they are related to

the country-wide scene. WELFARE AREA

"In other words. it is important to define the "welfare area", the area whose best interest is being considered. before we can say with

certainty that a given policy by a

group within a community is "bad

or good

"Only a.policy demonstrably benc-

ficial to the economy as a whole. and hence presumably beneficial In me long run to individuals and

, i lik l to be a practic- f;i;.'p;oii:y inetlie regime of free- dom that we have indentlfled with political and economic federalism.

"In such I lyltem. HIG Il'ldIVId' uals and 11'0"?! WI” P'”VlFl' ll” ultimate sanction for policy In the ecgnomlc sphere are unlikely to be attracted by anythlns 01119? mm a tangible reward in econo- mic welfare. Perhspl W1 I! 3'-'3' as well. for. II M301 Smml P" It: I have never known much 800d done by those who affected to trade for the Publk l99d- Ii ” ” affectadon, indeed. I103 V"! Como man among merchants. and very few words need be emlllliyed 13

dissuadinz "Wm mm 1''

”What do these things 1 MW said mean for the actual Pill!!!" of the cal of national unity. which, a . must be pursued in

thefsceotours, i -81

roblems'f REGIONAL PROM-EH3

.. to get across n Vii”? ii".?.l”.L'c”uuu -euro--I probiems can be solved - 1:5 solved they mull 50 - WW" ' larger national context. the!!! 9': lightened segional policy 0 in by itself will do much to fur! 61' the economic welfare oi the III-

tion .

tions of various KTOHDI WWII” "'3 community who have common economic interests. But whether um; groups act deliberately. 01'

whether like Adam Smith's eco- nomic man they C0'0P9"l9 1"” voluntarily throlllh "30 0D9l'9"0"' of the free market. the criterion by which success is ll-ldled Wm be the welfare of the nation II I whole.

"It is. therefore. nccelllft "in

we clear away any Pll'0Chl3l "' tltude and habit of thoushl "I" may subvert Canadian unity. 31131 may blind us to the future.,and that may hinder us from attain- ing Canada's lfell Polenml '9' growth.

"When we have sccompllihtd

"What is true in copllll With

"One of these probleml. 01' ll

--rm. has, indeed. been a mat-

ink

"I-laradoxlcaliy, it must be the product of full and free competl- growth. tion. economic and political. "Because of the significance of among individuals and groups. But this fact, I should like to partl- thls must be competition within a cuiarize. Between 1940 and 1954. framework of law that secures Canadian savings directly nuanced about three-quarters of all capital, expenditure in Canada. Canadianl savings could Ilale financed more if Canadians had invested all!

ederal govern- e and individual

Preudem - can.” nomwn: vi" Ii':ll:lkI,Ilht'lceoroconstitutlonal regulat-

Room Only" sign was hung out president - Bruce Small; Sect? mu Penna" "d c”"'P” lary - Elmer Dennis. Convesiors. It is doubtful if anyone came Lunch - Jsunlts Newcombe: pro- away from the auditorium with- gramme - Ruth Kristiansen and out feeling that they had their Anne Birch Membership - 30K! B

Chi If tin and Hay svcr sttsoks.E to! so

their savings at home.

"It wili do no harm to em- phasize here that Canadian ia- vestment abroad is considerable. Relative to population. it exceeds gist of even the United States.

t the end of 1954. Canadian in- vestment abroad was 5449 per head of population. The compar- able figure for the United States was only 3391. Furthermore. Can- adiaii investment in the United States at the end of 1954 was S121 per head of population compared with I United States figure of

only 850 invested in Canada.

”As a result of these large in- I estments by Canadians abroad,

required for financing 25 per cent tot capital expenditures in Canada

,in the post-war period. ONE THIRD FOREIGN

”However, unofficial observers have recently estimated that the situation has been noticably dif- ferent in the last two years. and that 'ln this shorter period our dependence on foreign capital has been much greater. These ob- servers claim that at present rates we are relying on non- resident lenders and investors for about one-third of our new capital.

”'I'he question I wish to discuss with you is this: does receipt of foreign capital at present rates pose a serious threat to our na- tional unlty? Does it mean that control and ownership of Canada's economy are passing into the hands of non-residents? I think

not.

Wrbe characteristic of most of the foreign capital that has been comin into Clllada 11 Ii! .90” centration (in tart? l1'd'V'd"d amounts) and its dllecubll ""0 risk-capital ventures such as Pe- troleum exploration and develop- ment. Thus, while non-residents in are gaining a greater desree of ownership and control of Canadian resources. they are not damn I0

on a broad base.

"Their ownership and control in certain areas of our economy is most impressive. For example. only two per cent of all our man- ufacturing corporations are con- trolled in the United States. yet these establishments account for 30 per cent of our manufacturing production and 21 PCT Mill 05

manufacturing employment. AUTO PRODUCTION

"Perhaps the most outstanding Am illustration is in automobile pro- duction, where large United States and controlled tirms account for M per cent of the Canadian pro- duction of motor vehicles. These firms. of course, occupy a sonic- what comparable position in the United States automotive produc-

tion.

" However, there are many types of activity and assets where

non-resident interest is negligible

I do not believe that non-residents are depriving us of control of "The ,.me is true of the opci-s- our destiny. In fact, in many

ways they are fostering and fur- thering our growth. "Now, what are the implications

of non-resident investments in Canada? Like any young and growing country. we are deficient in certain kinds ot capital in re- latlon to the great extent of our needs. What could be more na- tural than that the surplus cap- ital in other countries. and espec- ially in that capital-rich country the United States. should flow in- to Canada"!

"Much of this capital comes in

to develop our resources because foreign companies. especially the United States companies. seek new or additional supplies of raw materials. To this extent they help us not only to open up oin- country but also to expand our exports. These are great advant- ages to be reaped from nosi- resident nvestment n Canada.

No APPREHENSION

In the face of those benefts, I

have no great apprehension about Canada being obliterated s deluge of foreign capital. It restsl 'mm"j1r1-m--m-j-:- .

L"-Ast.IiiiiJ

lutfsrars may now a coughing, wbsssi . musing bud IQ- oult area do

unabl-

I lontmcany compounded II DAO2 I! it rain bronchial tubes and

reason ch tag phlegm. Thus aids brsathlag and sounder sleep. on MIIDA It lrigjlstl. Pill H nQh.

least what some people II”! ..:..-1--:-. cilned at present to call a pro

lem. centres around the question

of non-resident investment in Can- c A H B 0

ads, and particularly United KENSINGTON

WED.-'I'ITUR.-1:15-I:II

Katharine Hepburn at her great- est in a bittersweet love story filmed in wondrous Venice. "BUM- MElt'I'IMIl"' in Technicolor. Co- starring Rossano Brant. Bank

"What are the facts? Just about drawing Wednesday and Friday

worth possible 075.00

ROYAL

I BOIDEN

III.-OAT.-1: ll-O: ll HATINII SATURDAY-l:I

ofilgfbebitter-sweetloveistorywitl

is Caa- Katharine Hepburn as an Ameri-

rsprsssntsd11psrcatofcansecretary't:bertirsttrtpts la

is :5. l;: is-ll it 30 .

"It is. true that inflow and ae- ClllT:.llail!)l.'l of non-resident invest- ments in Canada have been specially heavy of late. but over the Post-war period as a whole phere of political and economic this country has not been too greatly dependent on these in- flows for its development and

in our own hands threat that exists. "National unity is not without faith in our destiny. That while faith should now begin to inspire Canadisns. especially when they see the confidence that is being displayed by investors abroad II the future of our country. It should attract Canadians to the kind of risk ventures that prerequisites to expansion