Hy SYDNEY GAMPELL loans. At the same tim l.iJ.Vi)ON tReutersi-Britain re- quer Chancellor Richard -mieii Wednesday her dolierpdented iiilci-oil was nicked for 8136.000.-ieXP9Fl9n('ln8 8 crisis. t. . -- ' t ' : iiliyuiiiuulltilylgtrlize biggest den since SAME PROBLEM ELSE '..'I.i.”SLi;.Jl'";.i25..lZifi.Gf;I A ..iiiit-ed they are increasing their .iiii.viiitei'est rates-a move Brit- .i'il -iimlc last February. day. it! three countries are trying to don” ilit'll excessive spending and ore- illll iiifl.-ition. Boom conditions ii.iriii.1tIy threaten to cause infla- ”4III and increased interest rates a brake on domestic

The worst previous reserves was 8226 in February 1952.

per cent. Belgium's rate from 254 per cent to thre '. Rises in the German

itiii.uin'.s . ever-present problem Wide Phenomenon. not Do

rr.i- sharp drop in her gold and 'I')'- itiillnr reserves showed she is ')uy- . i.; more dollar goods than she I5 on almost World-Wide - treasury said 'iiai on July l"055Ur?5-

.t the reserves wer i2,544.000.000 t;1illilSt S3,0i3,000.00t it the same lilll' lzist year.

iil”.lflf"s boosting the bent rate B00M,'"M'E pR03LEMs

a i. lit'I' cent in February the. 3r1lll:ll covernment sin c 9 has. Obviously the trend has i'ilx'Pl1 Jern measures to

iyIt'tItlIllE by the public.

l..i-I week the government

timiliwl the minimum down-pay- States are among the stro .' required on instalment pur-.ihe world.

i”l and ordered banks to.

.;i it'll up their purse

ness of currencies. Those many, Belgium and the

Moves Made in U. S.

ll lslitNGTON (AP)-The ted- ii at rt-serve board approved Wed- iixilny an increase in the discount '.llt'S charged by four federal i--iwve hanks. Effective today the me will be boosted from W. per ittilt in tivn per cent in Chicago. I vstun and Atlanta, Ga.. and to . ll('l' cent in Cleveland.

tlthcr federal reserve hanks are 'llt'i'lP(i in take similar action

lillli the next feiv days. " the action is a move to tighten viii on credit, curbing inflationary i:ii-tors.

The discount rate is the interest

.federal reserve system. discount rate, in theory,

make loans ito businesses rlduals.

The board's move tics .ii-lion by the Eisenhutvever

home loans. Wednesday's .is the second this year.

in Memoriam

and mother. Mrs. Neil Taylor, banks- Willi passed away August. 1 4th. I V lint. '

t-Tior mcmembered by her hus- linnd and family.

ill's (n'l1erine MacDougall who iiwil in: 4th. 1954. izlitll lll (End's beautiful garden.

Si-itilr'Pri from snrrnw and pain.

sonic day when life's Journey is mcr,

it; shall meet our dear mother Rllillll.

lnvtiigly remembered by daugh- ter and son-in-law. Mr. and Mrs. Wm. Austin. E......E...E..

in loving memory of our dear lll0tlIPI'. Mra. Howard Weeks who ilcparti-d this life August 4.ll954.

Britain Reveals Dollar Fund .,., Was Nicked Sharply in July .

the nation's economy is

ler's measures last week were taken to correct a situation shown by the figures announced Wednes-

The West German bank rate rose Wednesday from three ti 3K

q,',V”lNu ALREADY CURBED gian bank rates testify that infla- ” tionary pressures are a world-

. ,0 push exportg above 1.-npartgg Britain or any other single coun- Dearer and tighter money also tion for containing the inflationary The United States bank raiv tthe

iscount rates of the federal re-' erve banks) also may rise.

vurbito do with the strength or weak-

Nearly all the major industrial strings onlcouniries are having a boom.

Also To Tighten Up On Credit i

rate which member banks must WIT" 5Ul'PLlE5-Tho Cant!-l pay when they borrow from the (lion

iiges banks from borrowing to N0. and Labmdmr STEPS AGAINST INFLATION

. - S r i e 7:30 pm. Sunday schools istratlon last weekend in iiicreax- hwd "lo "ampmg" m the mw" e W: 'ing down-payment requirements on M S”""5' x themes and shortening the term of federal housing administration

discount-rate l During April and May the rate?

went up from I": to W per cent 1,. luring manor. M 0.". wm. at each of the 12 federal reserve

on itis 100th BIRTHDAY

August 7. I055 -- August 7. 195'

IN PREPARATION FOR THE LONG, WEEK- END AHEAD PIERCFYS OFFER YOU THESE CENTENNIAL FOOD V A L U E8 - STORE CLOSED MONDAY.

as her plrontl. Mr. and ion.

REGUIATED I As late as 1818 the British gov- ernment would lail anyone found pi ' , a newspaper or a sheet of paper exceeding 22 by 32 inches. i

annual vacation visiting relatives and friends in Summer-side and

Data On Canadian Soldier

OTTAWA 1C?! The Com-ltlle Russian munlsta apparently have refused to give up a Canadian soldier who vanished behind the iron Curtain in May. Canadian requests for

His many friends will be pleased to learn that Mr. Jack Doyle. retired commercial travel- ler. is progressing favorably after an operation at the Charlottetown Holnital.

-- authorities in that divided city to arrest Cross and return him to Canadian officials. WANT NEWS FOR FAMILY Representations to the Russians information about him have gone in Berlin also included a request unanswered. for information about Cross which es. The East German news agent-yimigiit be given to his family. i Crosiil wife. Edith. has shut that ADN claimed May 25 that Pie.i "There has been no reply from she last heard from her husband M I m 20:” Ralph Bernard Mederick Cross. ithe Russians." the external affairslin February and that he was seek- ' r" ' '

Mrs. John Noonan. and

Nobody wants to tail th boo . M” Mb"! "mu" i” I”

but each country's smonetaery col: G"'"' M A"”"”'' 3'5" sad”

iroliers must stop its getting out Vl5"”” " n" "W" l” M". of hand. They have to do it by M” 9- 3- ”il"'?"v 9

the direct effects of higher bankllW"'

""9 3"” SW” m"'l"e3- Mr. Alvin Yiiick. Mr. and Mrs

Previously a rise in bank rate 5 had a direct effect on inventories Henry Ymch um any U by

e Exche- A. Butler v

iron ore Rev. E. B. S Miller. of First

United Church. Sydney, with Mrs. Miller and family arrived in Chair-. lottefown Saturday and are spending their vacation with Mrs,

if picked up by Canadian author-

iti WHERE

said But-

27. h ha if. ui hil- , ' 1 fl . dt . l m

by making it more expensive to ?,l.,,R"','f,'f3" .,h:je"br:,:f,.gy1I;.'1t;u:i,.f M11151"! parents. Mr. and Mrs. drei: iii lviotisew .i.ai:'l.ld Sailie. cap-ldegl?ti:S":i2sS:;:V1nl;eiV:h the 2nd m'gFh:re iisncaepparently no detlnitPi VAHTEI IN CANADA

finance them, Mr and M" P. H. Llano”. CIIVIII Wood. Mr. Miller will be peeled for and was granted pol- Battalion, Princess Patricia's Ca- information whether Cross went' Between 1946 and 1864 the tin: amp in Nowadays, as British experience Chgrmewwn ' "'9 8118!! Preacher at Trinity itical asylum in East Germany. inadian Liizht Infantry. in West voluntarily to ('ommunisi East;iif oil in Canada has increased OMWF has shown this year, it is dmiclm - ghurclt at the morning and even-ll Through its military mission in Germany when he disappeared injGermany or was kidnapped by thc.tuii-e as rapidly as in the United ' ' to deprcgg businessmen f?eIin; Miss 51,1", ,g,-mggun, Mont. 5 '"Vl"-5- Slioday. August 7th. Berlin. Canada on May 31 askedlMay. Reds. isiates.

buoyant. real. is spending her vacation

- 9 - lThursday. August 4. 1955 The Guardian Page 3 MWf1;f9?,f.ltm.u.,,i:.? 'l.'.'.?”itli...'.'.”.'f ".;..1:: Reds Ignore Requests For , M M W.,.,..,, .,, Charlottetown. are upon their '0V''r

” OTTAWA (CP)-Till number H railway cars loaded with revenue freight in Canada rose to M.24t -(luring the week ended July It lfrom 78,181 cars in ul&'.vvbl'l'OIPOI'I'd” -ling period last year. ureau . ”':.': ::.t":.t.'.:.l.”.:”:.::.i'..”..'-':.?.:. --nu-a wed--my " loadings rose to 6.63 cars from 1.238: sand, gravel and crtisiied stone to 6.356 cars from 4,511; other mine products to 1.-

weni up 0

e.

City and Il0Y'B TAXI-Dial 6560 65H

WE TREAT 'TIlE SICK WELL. Giggey's Pharmacy open it am. to 8 pm.

i PENTECOSTAL Tent Meetings. istanhope. Thursday. Friday and Norman Ralph, Mm of M... H”! Saturday. 8 p.m. Standard Time. pM". Hun, Edward" H.mp.hh.& SPECIAL Outside White Paint Mmiale to "'1" Pin" W" 9” ts3.95 per gallon. Sherwin Wil- M A"3""-

:”t""5 C0 Wt ' ENGAGEMENT - Mr. and Mrs. nothing. PANTRY SALE Saturday night, Haber Canfield. Weatmoraland, August 6th. Noy's Store. by Wheat- wish t9 "nmunce "” enygemmt. M, River WIMSI of. their only daughter. Marion

t Mildred to David Steward. son of

VAiL'S RADIO SERVICE -- car Mr. and Mrs. Emerson MacDon- .udios installed; home radios, car aid, Victoria. Marriage to take radios and record players repair Place Mill!!! 34- eed. Pick-up and delivery. 204 Kent

Central

CRASWELL for Better Photo graphs.

ENGAGEMENT - Mr. Albort Stewart. Mt. Albion. wishes to an- nounce the enga ement of his daughter. Annie P yllis Jean to

nfined to

prescrip-

iif Ger- United ngest in

---..- .1-"ROM a.c.-Mr. w. A. Large. 5" P"”"e 35" Victoria. a. c. ll here for Old OPEN AIR Memorial service in Home Week and in the meantime

the Polly Cemetery Sunday, August is visiting his sister at Marshfield. 7th. Mt. Buchanan. at 2:30 pm. He takes 411111! In lntetelt 111 Special guest" speaker. Scotch spe- Charlottetown's hanging flower cialities in music and song. baskets. The Centennial Commi- ,ttee received much information on .them from Victoria where they have been a feature for a number of years.

THE PBESBYTERIAN Church

in Canada, Central Parish - Ser-

vices next Lord's Day are follows:

l.."..S2i"flf2Eli..i::”ltf.L"i”l”:'..i: The Sacrament of the Mg: 5.3.3.-

vam" Hvtnovgggiggeg mg": 3' Ei"i3.37.”B'.fy'”.3lS?.?J., siiiil.

illdwitil fGELZlal:1" Vghoswa; goggmcnomgm beginning at i0:30 a.m. Evening H mm- - t

Ladies' Summer Dresses - Blouses - Hats - Swim Suits and Sportswear - Also girls' sportswear as well as boys'. Wash Suits now greatly reduced to clear.

Government ship Saurel A high leaves today with supplies for

digpuui-. points in Newfoundland. Belle

LADlES'

SUMMER DRESSES

and

0' lmllil SALVATION ARMY CAMPAIGN!

as announced. Preparation ser- vices Thursday and Saturday even- AT MOD-Enjoying a week's ings at 3 pm. Rev. Donald Nich- llioliday. Mr. and Mrs. George V. Olson. Minister. iFraser and family are attending -i:-r-

riselthe Gaelic Mod which opened at BIG INCREASE p p St. Ann's. Cape Breton Island. Life insurance in force in Lan- Wednesday. Their son and daugh- ada was more than 824.000.000.000 tor will take part in the parade at the end of 1954, 52.000.000.000 at the opening of the Cause more than at. the end of the prev- Causeway. ious year.

Nylons - cottons - crepe: - broadcloth: -- glazed cottons - pique: wonclarsillu - all included in this sale. Sizes l2 to 24V1.

Dresses. reg. to 7.95-Now clearing at . . . . . . . . . . . . . . . . . . 4.95 Dresses. reg. 8.95 to 10.95-New clearingg at . . . . . . . . . . . . 5.95

Dresses. reg. 12.95 to 16.95-N ow':learing at . .. . 9.95 Dresses. reg. 19.95 to 2-1.95-Now clearing of . . . . . . . 12.95

.. r -v

:E....1

.00

so ONLY LADlES'

mi watched you suffer day by day, it caused us hitter grief

tin seeyou slowly pine awn And could not give relief.

The weary hours. and days of pain, The troubled nights are past. .iml In our aching hearts we know You have found sweat rest at last. it is sweet to know we'll meet

attain.

Sllirrifll

FREE DEAL 3 PKGS. FOR Tl!

3 pkgs. 29:

Instant Puddings

PRICE OF TWO

each

Jr”-m

cifoioa man out Guam: "A"

' FOWI. Lb. 42:

ROSE BRAND 1c 0; PICKLES

Sweet Mustard, jar 391: Sweet Mixed, jar . 801- Wafer. jar Sile-

SUMMER HATS 1 M

v3 OFF. ALL

E

Where parting is no more. -tnil our dear mother we loved so

Wi Illl Saturday. July 30th. on re- in: to Toronto. Ont.. after a visit wiii ii-itli relatives in Georgetown mt I):-Grns Marsh.

1i:' Jerome Condon. left on re- l in to Toronto. on Saturday. July nlllh. after visiting at his home in fir-nriietown.

LIBBY'S - 48 OZ.

PARAMOUNT SOCK

GRAPEFRUIT JUICE. tin . 31:

W" GRAVES 48 oz. TIN MONTSERRAT - "on only sour heform APPLE Ju'cE' fin . i . ' I . . 29c L”:lEIII'Ju'c.f-.-.. . . . . . . . . . 47: n..'3.ii"”.'ia rI..;nri'i:lb.aii.iil :l'lI(;nl:: unnyys -. 48 oz. TIN '. . . . . . . . . . . . . . 7,6 l.iIliil. . . . . . C LIBBYS DEEP BBowNpl5 oz. . E k I . W d I t h pf h H d p h. h Gegrggfgwn LIB ' " ' PORK 8: DEANS. 2 tin: .. 371: ntire sto: incu ing swim SUI 3. pa a pus ers. s or s. is er: an ea 1 tr . . . . . . 37 , v .- . W M". mm mm BLEND JUICE. tin C iinnvs nnnr aaown 20 0:

PORK & BEANS. 2 tin: . . . 45: NABISCO

Shredded WHEAT. 2 pltgs. 35: SILVER SEAL

Tm such famous brand names as Janturi - Catalina - Fairway. Otc--N0W Shirl"!

at greatly reduced prices. EYE

plli. liitiiard DcLory. who has Writ xisiting at the home of his

mitts, Mr. and Mrs. F. J. De lrw. left on Saturday. July 30th. mi li'lilTIl to Cornwall. Ont. where in .2 nmploycd as a Civil Engineer. ii iii the Ontario Hydro Commis- Kltlll on the St. Lawrence "

Tin 37: .

SALMON. 1-2 lb. rin . 45: Motassss. quain .. .. .. 33: Swim Suits. reg. 8.95 to 16.95-New priced from 5.97 to 11.30 MTMMN m,...,,....., 0.. .,.,.... Pedal Pushers. reg. 3.95 to 7.95 -Now priced from 2.64 to 530 C”l':'”o'”x"l;”' t TOMATO c";.'”i:':" 2,: Shorts. reg. 1.95 to 4.95-Now priced from . . . . 1.30 to 3.30

2 Tins 27: Parewdx. lb. 19:

Tee Shirts. reg. 1.79 to 3.95-N ow priced from . . 1.20 to 2.64

.v

A. C..

-Vii-ii-rt. -....

it

SEANS. Island YEETS. local. 2

ADD l'i.AVOUR "to route

tut l5!4- um W

TOM1'S.1lbs. . . . . .. 35: . TURNIPS. local. lb. . .. . . . . . 05:

'E'l"l'UCE. fresh green 19:

RADISHES. 2 for POTATOES. new. 6 lbs. . .. 29: CUKES. fresh green. 2 for 25: CAltROTS.3ibs. 27:

B ABIIIVING FRESH DAILY

Gltar uotm; max cuaetorrsrewnmt. I-

S Reg. 2.9.5 to 4.95-asizos 12

to 18. . wax. 2 9 .?'l-:IP:':if'MS and short sleow

SUMMER BLOUSES

each

1-3 oar ALL GlRl.S' SWIM suns AND SPORTSWEAR: sovs' WASH surrs AND SWIM TRUNKS. "

Girls' Swim Suits. reg. 1.25 to 7.95- Ioys' Wash Suits. reg. 1.95 to. 4.95- Now priced from 85: to 5.30 Nowprlcedfrom l.30fo3.30

Girls' Sportswear. reg. 1.79 to 3.95- Boy's Swim Trunlts. reg. 1.19 to 1.95- i Nowpi-iced from uoiou-1 New priced from were I30

X - zmvm

WHERE 8.l"1'5LEODi'.'.".!!S

9 White and pant:-.l shades. BREAKFAST SLICID

59:

for........ 25:

DEVON IULK

SAUSAGE. lb; 39: BOLOGNA. lb. 29:

LUNCIIION

MEAT. lb. 49:

SALA

19:

"atirsmolbuv awaununvuuoc

05357”

O

7 III VIC!