{nuns list.

Some Fiscal Highlights a

Canadian Press) June ‘ 27-

budget speech

revenue for year ended l0.0U.000.000. I

(By The UITAWA. 5f the Q8001 P0 Minister Ilsleyb follows: Totsl March 31. 1945. slight intro!”- ‘total expenditures for year 04.- 091.000.000. a decrease of 0&5.-

bcsi -—"' . tal 1mm l; d f nded debt It lgfiith s1 1a'4a‘f"s1o.a'l’r1.oo0m. ‘i. p. ' -_-_ t Probable gross national income for this year 011.000.000.000 W"

peak was 811.750.000.000.

About 25 Mr cent of this year's oxpflflufillfOs- directly for the bene- fit of veterans.

A “T of Outio k f his lev l em- bloxmserft tbtl; year brlslest.

tract-eased production the solut- ion to continuing inflationary ‘W05- sures. ‘

Canada's present level of em- ployment and prosperity sets new peacetime high,

Failure to complete Dominion- Provlnclal agreements necessitates cautious Manning. '

Heavy demand for consumer

goods. by ~ . ubwflf

‘ have 1 , . - menle.

nooxnro- you. on/ Exploration for oil is mderwav

in Bahamas. although none has yet been found.

Coming Events

"Movies at Borden w-niebt. ____,. . ‘Jralklcv-Jvforell ‘hlesday.

Ianlngflaardiu. Obarlattalewa Gurdiaa. ‘In Dalia

REDUCTION

Ottawa Proposes q New Agreements i lVith Provinces

cipation on the part of ‘each

speech. The new a five-year term- wa than had been propose He said the extension was made before the offer was optional and some provinces might delay nc~ ceptance.

Provinces accepting the pro osal p; would agree on selves and their municipalities to vacate the personal income tax ‘a field for the term. of theagree- ment. In the corporation income tax field a uniform five per cent tax would be Provinces by the Dominion.

mces would have the choice of not levying taxes or_ of H0080“!!! 8 deduction in annual the Dominion amount colic

Provinces would be in accordance with its offer made at the April- May conference which failed t0 reach an agreement.

into the plan would be free to im- pose personal income tax and tax- payers in those Provinces would-be able to offset against up to five per cent of the Federal tax. There would be ccm- plate freedom to impose provincial corporation taxes, but they would _ not be deductible for purposes.

non-participating Provinces would rbU- allowed as a dedlctlon on up to

01'!’ net debt increased almost 310.000.-

l!

OTPAWA. June 21-(0?) —Fm- meg Minister Ilsley tonight an- nounced revision of the Federal proposals for new Dominion-Pro- vincial agreements making gifti-

IOV~ ince optional.

The Minister outlined the Gov- emment’: offer in his budget rolposal was for

ears longer previously.

behalf of t Bm~

collected for the

In succession duties the Prov-

ayments from equ valent to the cted. 4 The Dom1nlon's payments to the

Provinces which did not enter

the provincial tax

Dominion tax

Succession Duties

Succession duties collected by

(Continued On Page. 5 Ool 5)

MAXIM!

or a,

. MERE MAN

efaflaoasaal aaeaalso

E

June Sale 0f Fox Pclts ls Concluded

DENTYREAL. Jun-e —The June Canadian

iletqtent sold at an average c!

The Canadian National silver Fox Breeders‘ Association standard sliver show pelts from Ontario, New Br and Prince Ecl- wlard Island were sold as follows: 501 pelts were 74 per cent 901d B; an average of $51.38. The highest “Thad 1°55 5701180"- 070 per pelt. The Associations special collection of 179 platlnums averaged $110.90, with the highest priced lots bring. ins $140 ner belt. 13s of the As- sociation's platinum silver; aver. liked $90.72. the highest priced 101, fetching $120 each.

24-0 of the 274 while marked an?! were sold at an average or

. . The hi h t ‘ brought $84. g es price‘! lat

The reception obtained for the Association's pelts wag indeed gratifying and there was keen

llct ilabt Higher Ry Ten Billions Since Year i938

-slicn_ Summcrside.)

___. l AWA. J1me 27 — Canada's

-——- 000.000 from 1038—i~he first year "Talkies-Eldon Monday- before the war-to March s1. 194s. -———- the inn in the six years of war. 1- "Souril diospltol Tee Party. it was disclosed tonight by m“- orrawa, June ln-(orc-ne- Wednesday, Augua. 1th. “we Minister Ilsley in his budget vision of lax legislation affecting Baum“! uni- md “ma. menu s16 trading “co-operatives! b 103g htihe " b“; o; Mn n ~ - genera nes repose y e c- Plsquid West school, July lst- urgsn gf.“ int t“, ma}! 53.38“ Dougali Royal; Commission was

and on figures for previous ytaro in the Government's Canada year

“Dance in Seven Mile Bay H111 tonight. ~

"Graduation Dance, l-lall, Friday, June 20th.

"Ice Cream Festival and Dance. Gowan Brae School. July 9th.

"Dance, Moi-ell Hall, Friday night, June 28th. Spor-aored by C. W. League, Good music.

_._.i_

"Dance Flat River luau. ‘mes- day, July Nina. mile meteoric: Orchestra.

"chicken supper and dance at s». caress’: July 1; Webster's Orchestra. ‘ v

Frtébange. Yeoztasgheaére, hggitagillei , une - . so. apps and his Orchestra.

"Dame and Bus: ‘Social, Howea Hall. Buckley Point June 28th. 6-1 . 36. If. 28 4i

Klnkora

81080 Saturday It B0011. :1‘: Quinn a Boyle‘.

"Th" $10" W!“ be Olfllfi fieuvfitilrzncor. my m. 1.121000%

mud thyme??-

bock. this is how the debt rose:- Y ‘ Debt

C.C.i-'._Wins In Sask. ' By-Elcction

—flasiustohewan's 0.0 F. merit .msinlalned its commanding

ty in the Provincial Le latura ton ht. uith the eiectlo ' of Junes ibson indi Morse ivy-election.

the followln r uits- Gl on loonaaemwla (whamm- say (P0) 1,080. e ‘ '

MORSE. Suit. J4me 2'1 - (CP1_

Govern- iv- ll cated in lh Returns from ‘ll of 78 polls ave

B

itBs-itain 1'0 Rflfiflll

Bread, Flour Julyzl

M. M. Coady, leader of the co- operative movement in Canada, tonight expressed himself as being "perfectly satisfied" with provisions of the new budget deal- ing with the movement.

Francis Xavier extension ntent. Anti-genie O orig. called terms of the new bud- , Be lives."

r 17W quoted’ ed.

competition for them from Anteri- can. Canadian and others buyers.

(The above infonnal-lon was furnished bv Mr. George A. can. heck. manager of the fur market- ing denartment. Canadian Nat- ional allver Fox Breeders’ Associ-

Tax Legislation For Co-ops Revised

announced tonight by Finance Minister Iisley.

Main points of the revision are the repeal of the section of lilo income tax act which previously exempted can-operatives ‘illld lho allowance of patronnrze dividends paid in cash as a deduction from taxable income for both vmoporn- tivcs and ordinary companies with certain restrictions“

Bcma flde co-cperaliyes organiz- ed under provincial cooperative laws which start business after Dec. 31. 1946. are to be exempt from tax for three years providing they do not acquire the assets or good- will of an existing business,

C-op Head Satisfied HALIFAX. June RV-(OE-Msgr. Eastern

Magr. Gosdy. director af St. depart- h. N. 8.. promoters the movement in Eastern Cam

n

a big victory for co-opera~

5a. Mr. Six-whey cave no indication rationing would be neo- lmltera News Money authoritative smnoel as it lihlly would last 18

Mdritimes

Windsor

the United Nations veto loomed tonight as the aftermath cf a bitter Security Council session in w-lhlch Russia three times invoked the much-debated weapon to block moves in the Spanish case.

on Franco Spain. stripped of ev- erything except a moral condom» nation of the faiangist regime. took a place on the agenda along- dde the long-domnant Iranian case with any delegate empowered to call up either question‘ at will. Dr. Herbert V. Eva-it of Aus- tralia. long a staunch foe of the veto. was reported ready to ask a full airing on the whole issue at the September meeting of the General Assembly and perhaps to makes demand that it be killed.

children will pay compared with t rates become effective Jan. l. 1947

The result was that‘ resolutions]

Income Tax Comparisons

i _ OTTAWA June 27~i0P)—-F‘0iiowing table shows average amounts . "mi i" M" of we-WB-im wounds of personal income tax single persons and married persons without

_ Single Salary Present Tnv Prgnuggd w“

$700 $11 —— 750 25 -— 850 59 22 1.000 7'7 55 1.250 140 110 1,500 208 I80 2,000 370 313 2.500 528 453 3.000 602 593 4.000 1.070 036 5 .000 1.452 1.206 7,500 2,495 2,058 10.000 3,622 3.0479

CHARIJOTTETOWN. CANADA, FRIDAY, JUNE .28, 1946

S ‘ARE ANNOUNCED

Swelter

Under Heat Wav

The temperature climbed to an oflicial B6 in Charlottetown yes-

terday ior the warmest day this

peraplring populace.

Hottest point officially listed in ,the three Provinces was Blissviile. N. B.. near Fredericton. where the Jtemperature touched a blistering "94. Not far behind was Chatham with 93.

In Halifax the flu-degree heat was just four degrees short of the city's record high.

On the other slzie of ‘the weath- er ledger were Saint John and Yarmouth where. comparatively comfortable under cool breezes as the temperatures rose no higher than 70.

The forecasts gave little hone for an immediate letuo in the heat wave with ce-ncral precisi- mns %y- cgnflnyjfl darn: weather for F‘ dav at least.

he present levy when the new tax r No Children! Proposed Tax

Married Present Tax

§§é§es§e;|lll Eéisssallllll

Founder 0f Acadia Engine Company lllas

BRIDGEWATER. N. i. June 27 —(CP)—W. T. Ritcey, d7. indus- trialist, sportsman and. former mayor of Bridgcwater. died of a heart ailment today after Ct]!- bratlng his 40th wedding anniver- sary yestcrday. He had been ill for some time.

Born in Bridgcwaler. Mr. rtitney moved in his youth to Denver. Colo, with his family and then to Everett. Massdleturnfing to Bring-z- water in 1908 he established the Acadia Gas amines u. at the time oi his death, he ups presi- dent and general manager of the flrrg. He was mayor of the town in 191 .

-Earl llrovnler Rack In 0.8. From Rassla

NEW YORK. June 2'l— (AP)- Blefualng to comment on the re- ception given him in lop-ranking soviet leaders. Earl Browder. former head of the Oom- munist Party in the United States. arrlved=at La Cluardl-a Field by airplane yesterday from Russia after a lengthy valt.

Browder, who said he had no message for American Communists was booed by some of the crowd which gathered as he was leaving the airplane. -

“Why didn't you stay in Mos- cow?" one man, yelled. "We don't want you here. Brosvder posed for photographers and newsreal cameraman. but re-_ fused to be interviewed.

i

Russia by 1

Conditional Sales Considered illegal

(By ‘lihe ‘Canadian Press) OTTAWA. June Z7—Bccause of‘ "many abuses" all conditional sal- es. whereby purchasers are re-i aulred to buy a second article to} obtain a wanted commodity. will‘ be considered illegal in the fut- ure. the Prices Board announced tonight. '

The announcement said the ac- tion was being taken because‘ flmanv consumers have been C0111“! belied to buv unwanted ccmmod-; ltles in order to obtain others] which are in short supply."

Under a previous order condit- ional sales were not prohibited if they were a continuance. of a trade practice established by the seller before or during the basic parted of September to October.

OPPOSE BREAD RATIONING

LONDON. June 7i (Reuters) - The British Housewives‘ League intends i0 fight bread rationing.

Mrs. K. Norton, on behalf of the

Ye commttlee, told a reporter

tenant: “ e are not gnmg to lake this The Housewives’ Lea- gue no! convinced of the necessity of ratio and will oppose it, "One of e reasons why we are sotdefinitely $111M it all poorer an ddle oaassa - ilsebleadlssuolaaelapielmnof

mile“ went an increase of $1,333,892

l

lnvestilurc At ' Legion llomc Last Night

A “X11009 and pleasing

May Fish Landings, Value ilp For P.E.l.

HALIFAX. June fill-The cast- ern division of the Dominion Fasheries Department. reporting in landed value of fish caught in May over Mei of slay. 1045. said today it was due mainly lo the increased number of men ensased in thé llshlng industrv and the flfqpcft- ions] increase in the amount of scar employed."

This increase," the dlvlglom! report said. "is due to the release menifrom the armed furges and the present. returns for sea products maintaining high Dflge levels is the reason for the attrac- tion to the fishing industry." The division reported a

total

ivith a landed value of 55.649134.

Figures by provinces with weir-his and landed values for lllay. 194a. in brackets: Nova Sco- lh, 48.914300 pounds, 33332453 444007.000 pounds. $2,887,606» New Bmnswick 452148.700 pounds, $1, 408.760 {ZBJOEHOO pounds. $750. 047): Prim: Edward Island. l0,- 4/25200 neuritis. $1018.19’! (sass, 5'90 bounds. $657,529).

llo Butter Ration increase l-‘ur July

EDMONTON, June 27- (cpl- There will be no increase in the Canadian butter ration during the month of July officials of the Ed- monton branch of the Prices Board said today.

Questioned about the recent Ottawa announcement that in m- crease couid be expected in July, Edmonton board officials said they have received no notification of such an increase and that the July ralicn would be no different from that of the past.

0081' Wfl LE YOU QUIUE

LONDON. June 2'i—(R»euters)- Now you can be "cozy while you oueue."

Slorckeapers with a sense of sales technique started it in- stalling seats on the sidewalks for lazy customers.

Today it's almost a fad. this peacetime afterthought to a war- born wav of business.

One pleased proprietor reports

10, PAGES

1N BUDGET

0r. Clark Heads llospital Ass’n

_ . year but still tiuee degrees below took place at the re ui thl hen S5183 3m L“; mverlqlléx m‘; the record for June. set in i030. meeting of the %:h::1hnfl,,w§ whim had been ‘naked ‘orward m’ o Mr. Warren Burns. weather gb_ Branch of the Canadian Legion inst [or a Qgnglderable “me. w“ cum server at the Experimental Stat- night when two members of the pleted my‘, w“, n w“ Mme_ ion, said the temperature was 64 Halon ivere presented. by His what spotty, with prices varying at 3.30 in the afternoon and then H§E°“"L‘°“t-'G°‘VEY"QP J. A. Ber- cgngjdefajbly over u“ “ma” . climbed another two degrees be~ m? .flyv th decorations for gallantry veggie- -* m; mi-h , , mm m, waif £.%J"é.i°°‘$'“" ‘i’ T?" Q ggJ-“guju b" h; R B. BS ' - » . - El P, .3.;.1§h... l. ....s.....~.ce..sf ..'.'l.'°.f.‘3.'.'f.".i“'..'“?;.°;il‘32“t.'tl: s“... 1-45 gm"? 050s...fiiiii‘l'és'°h'itl.i"iiliéf e o g gal-lady N u 1_ t F d d ' an a erage o . . owcve _ i . ver Fox Breeders’ “isselsfilfilslset li2°‘¢l.-..'.'.‘.. euiiili"; . Guagsdl): “"°°'“‘°“m °’°°‘P““"°“' “"1- flifogila (tjheTMmtsP 0,1121% 1mm pelt; 1mm prjnce Edward “and m n‘ “wan _5_00 May and June is up to average . Mam, T B R0 er y ca. Ontario and New Bmuswidk’ EA FM“, _ __ H 530 because of heavy rains early in the Provkidél cgmfii-axizée! 905d“ These consisted of the elttlrd Hon. w..r. EMecltfllian 10.00 the avflns- But the recent drv during h... presen‘a‘ion off; c‘ show lots of silvers. 501 pelts llvhdman a. C 25.00 "CM-h" i! h-QWHB 9-" “liver” M‘ The citations were rem b eytrony hone o: mhlqh had been ousted‘ widow's Mite . .50 feet on many crops. reports indie Norman Lawn," MM Y Um‘ before and m, rwmmdet o! the Anonymoug .. 5.00 cute, although rain last, week re- A third awardkha‘! 6! the one“ atinunm and white marked pens. H, C. Brow-n _ 10,00 ilevtid the situation 1'01‘ 0 time. 4e Guerra twee Home to pm Wm The mice, yo, these and a“ u‘ T. H. R. 2.00 Maritimem generally sweltered 1mm Macxay Sm l . - 0 8.1‘ s m“ t tn t - Y1 BY Bridle. will type; are m 1on0“: L272 mnam ympa er . 2.60 yes erdsy under temperatures _a he made at a 1M" date due m the n Aucmon mumnm fox registered in the nineties. setting illness of the recipient. platlnumg, plaflnum 311W” and’ 015W hfillraiifiigiénme Year in 1080910‘ 111116018 {has attending the cere- p357] Dlatinufn" 33 a v a s. mo~ny were rs. A, G. P k , M , sold gt M; averageerf,’ “fiéxckt In Momion a record all-tune 6.6K. Brake, Major eaande white marked were 6e per-cent high for June was settwith an Arthur Peake. Canon and MrsMa- DR. LA CLARK 501d at an average o; $3932. B54 , v unofficial 101. The citys record- lone, Mr‘ and Mrs’ A. B’ Fisher‘ . regular m1; silvers 4' in: station. however. indicated 93. Mrs. Ruth Wlntlacic and members 1G -_ were 7 per m m1 of the m _ , D BY. N. 5., June 27 Dr, J. gpnf, 501d a; an m," f , In most cases e mommy t eut. Governors party ln~ l k g 3m ingem, types ‘ffrf 5:273" short of all time highs by Just a $0 ‘in? ' “Pm” “ndfm °f m" cent 501d a. m, am... p’? mow YORK. June 27--(AlP)—A few degrees but the slight difler- ‘Omllifluvd 0n Page s Col '1; “'1'” E’“P°“"‘°“ ‘*1 5mm“; 8E 0! $10.86. a e ovmed m, Comm. m, m, _-___._._.___ Char viwwwn. was elected oresi 347 selected full giivgrg were 33 final showdown on the ques on of one or dent or me Madame Hospim

Association at concluding sessions held here today.

Dr. Clark succeeds Dr. RJ. Coi- lins of Saint John, N. B.

Other officers elected include: Rev. Mother Ignatius, Antigonlslt. first vice-president and chairman for Nova Scclia; E. B. Sweeney, Saint John, second vice president and chairman for New Brunswick; and Sister Catherine Gerard. Hal- ifax. treasurer. Mrs. Gladys Por~ ier. Mayor oi Kentville, N.S.. was re-elected secretary.

In closing sessions. the Associa- tion recommended that Provincial Government officials be" inter~ viewed with regard to revision of rates in workrnens compensation cases. A committee was named for that purpose.

The convention was. told that some time azo a canzmitiee had been informed by Mines Minister L. D. Currie that the rate would be raised from $2.50 to $3 per day llmvided hospitals could meet cor- taln qualifications. Rev. A.J. Mac- lsaac. committee member reported that only one hospital had been

able to duality.

labsaelplieuDelivaralIl-ll. IllI-fl-llretluahovlash

OILS-LII

m: the...‘ 0n Incomes Till January

OTTAWA. June 27-lCP)-I1n- moo Minister llaley 1n hla budge! speech tonlgiht announced stnntial" reduction; in inooue, corporation and excess profits and offered to the Provinces a new gve-tyaar ‘ltrptxonalm agreenLnt on

ll 0n OOMQ: '

don and succession duflaa m:

In his first peacettme budget. Mr. Haley announced that as from Jan. l. eruptions for single

persona will

those for married persons .- 200 to $1,500. Here are other main

to be ‘ ‘ as fam- ily allowance recipients for perv sonal income tax purposes.

Flat deduction of 1100 in be al- lowed from income for each child eligible for family allowances.

Flat deduction of I800 0o be al- lowed from income for each de= pendent over 10 and not eligible for family allowances.

Taxation of husband and work-

ing wife to be placed on more equitable bask. . .Board of tax appeals to he estebi fished co hear apgala from m- coma, tax asseasmon for 1008 and succeeding years.

Complete overhauling and aim- pllflcation of personal famine h! rate structures proposed.

Farmers and fishermen to be. allowed 0o pay m: on the baals of their average income over a three-

year period.

1. members of the armed forces will be treated for tax urpcses on the same basis as civil ans except those outside the western hemisphere who have not by that time gone into the permam ent force. Also, the special provis- ions relating to the merchant marine will be withdrawn at the end of this year.

Mr. Ilsley said the lav changes would. have a relatively small eifecl on the revenues and ex- pendltures for the current fiscal year because they become effective only Jan l. three months before the end of the financial year. The pey- sonal income tax changes would probably mean a reduction in rev- ETWE of 815900.000 and an increase of about $3,000,000 in the cost of family allowances. The corporation and excess profits tax changes would mean a revenue decrease of about $li).0O0.000.

He estimated financial require-

Rclicf Clothing Pours Into Depot

‘Tons of clothing for Overseas Relief was streaming into the main depot at the Olty Hall yes- terday as the National Clothing Campaign Ln Charlottetown reach- ed its zenith. Clubs, organizations and societies cc-qperaied to the fullest as they canvassed various sections of th-eecity and operated a "pick-up" service.

Mr. J. J. Leightizer. depot man- ager. and assistants were busily engaged throughout the day sort- ing and repaoklng the clothing for shipment to Halifax. The depot workers were greatly pleased with the condition and type of cloth- ing contributed.