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ICHARLOTTETOWN, CANADA, SATURDAY, APRIL -1. 193s

illiI/ly

‘lfhdrty”Il1 Reported

e Are ead In

Storm To i n Area

Tornadoes And Ekctrical Storms Do Extensive Damage To Pro-

perty Over

Widespread Area

Yesterday_A_d_1d Thursday.

ORLEANS, March 3l.—(A. p,) total of 33 persons lost their ljygg in the series of tornadoes and electrical storms which swept through four Southern States last night and early today, a compila- tion from Associated Press des- patches showed this afternoon. East Texas led the list with 17 re- ported dead, with Mississippi next with nine. Louisiana reported six fatalities and South Arkansas one. The injured, over a widespread area c! heavily damaged property, was estimated at several hundred.

Banking System QuiteSatisfzzctory

(Canadian Press)

WINNIPEG, March all-Proposed establishment of a central bank in Canada was characterized tonight by Jackson Dcdds, General Man- ager of the Bank of Montreal, as a needless expense which would the country's banks. "Can- ads has evo ved a banking system umincntly suited to the needs of the country." he sad, "and in its operation during a time of unpre- cedented stress it has proved sec-

ond to none in the world." Mr. Dcdds address to the annual

meeting o! the Winnipeg Board oi ‘lrade was summarized in one of his own sentences: "This country‘ has fared better than most with- out what is known as a central bank, our currency system meets W817 need: deliberate inflation‘ would profit us nothing and would l mean certain ruin; loan rates in Canada are reasonable."

"Certainly the establishment of- a central bank in Canada would have no effect on world prices," he said. "and would cmly be an added ilpense to the country at large while providing no need not al- ready met by the Finance Act.

ANNOUNCEMENTS. MING EVENTS. 1 MEETINGS. ETC

"Announcement: are Inner-fell In lhla eolu

""' "$10018 potatoes. table stock.

990188 H. Toombs dz Son. 8630-3-30-31.

"D001 miss the carnival at Cornwall Rink tonight. Good ice. . 8681-11

__.

"Come to the concert in Wheat- iey River Hall Monday, April 8rd. by Prmcetowh Y. r. s. 8684-44-21

“chm ‘M61118 1108s at Kenslng- m? wiidilwiiiy forcnoon, April 5. 8km list your stock. John R.

"m- sass-u

“Hum ¢°°kil18 by the ladies of gznml-fltlst Church at Moore and ~ "do Ltd. Saturday, April 1.

8647-3-30-31 l

"mm Qwkins b Ladi r mlhtleld P y °“ ° Holman,‘ thflflflayiilgigin. Church at

' aawa-s-i-n.

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' PWiNned annual meeting win- ‘b. 9111b will be held 0n Monday

‘W Avril 83a in Winsloe School- "Wt s oolock. 'r. A. Rood. scum-ml.

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mmYifWvins nlihgplidido-tle-llall

"w: 5111mm: Club p . April 4th all day. u “Win! orders for Seed, w,

- lemon-v. aosa-s-i-u.

"o"! Endowment at sixt A y-flve a gzilmyou and your Family to ‘m turn unafraid. ems ‘um l: us for particulars. J. , ""11 Menaser. Bun Life

loading

1011!‘

0°». Qhlllottetown, P, E, 1101011 3141-

Coir“

MERIDIAN, Miss., March SL-(A. PJ-Six persons were reported killed and more than a score injured by a tornado which struck shortly after noon today at Harmony, near Quit- man. -

The dead were reported as: Mr. and Mrs. Berry Brown and child, Mrs. Dcdwllder Arlls Brasher, Lewis Allerberry, negro, and one member of his family.

Doctors and ambulances started from here for Harmony with medl- cal supplies.

CHALLENGES WIESTIERN l|BiilAlS

Conservative M e m - ber Lauds Bennett Budget As Debate C 0 n t i n u e s.

(Canadian Press)

OTTAWA, March 31-—A chal- lenge to western Liberals to oppose the Agricultural Stazllization Fund in their own tidings was thrown out in the House of Commons to- day by Ernest E. Perlcy, Cons., Qu‘Appeile, during the Budget De- bate. It would result in $10,000,000 being distributed among Canadian producers of primary products and would be oi special benefit to the west in encouraging diversified farming on the prairies.

The bonus on a pound of bacon shipped to the United Kingdom market would be two cents, the Saskatchewan member said. On cheese, the bonus would be 11 cents per hundredwelght, on poultry, three cents a pound and on a 1200-pound steer, it would average $10.

For three hours the House today continued debate on the Rhodes Budget with no front-benchers on either side taking part. Elie Bert- rand, Lib., Prescott, made a plea for reduced agricultural taxes. He suggested interest rate on public debts be reduced to two percent, arguing that in 31» Ontario muni- clpalitles the increase in taxation since 1904 hadbeen 2,800 percent_ Some relief for the farmers had to be found.

Problegns of the fanner were be- fore the House most of the day. William Golding, the Liberal who won the South Huron by-election lust fsll claimed ills victory was a protest from Huron farmers against

i the hi!!! tariff policies of the Gov-

ernment. "The farmer of Canada is being crushed by the tariff load he i8 b81118 Baked to carry."

Since 1930 the Bonnet (lovem- ment had done nothing but wait for developments, charged Dr. J, . Hurtubise. Lib., Nlplssinl- first country was asked to wait for th 1930 Imperial Conference, the wait for the 1002 Imperial Confer ence. now it was being asked wslt for the World Economic Con ference of 1933. "The people o , Canada," he exclaimed, “will not wait indefinitely."

Eric Willis, Cons, Sourls, during

i

a review of Government Agrkyg

tural policies said the time ripe to negotiate a reciprocit , agreement with tbs United Btateal

Mr. Lea,

Stranger Helps Himself

HALIFAX, March 3i. - A stranger walked luto the store of Vincent Murphy today and I asked for a basin of hot water

for his sick wife. Murphy went to the rear of the store to get the wafer.

When ho came back s couple of minutes later the stranger was missing“ Sc was $6 from he cash register.

Opposition Lfieader Welches Under Fire Of Government Guns

Exposure Of Liberal Fin

ancial Record By Hon. H. D. MacLean Elicits Appeal To

Chairman From

Who Is_ Also Scored By Hon. G. Shel-- ton Sharp On H1s Proposal To Dip Into Teach- ers Pockets To Bndge Revenue Gap Caused By Llberal "Mlsmanagement.

A striking review of the financial situation under both Liberal and Conservative administrations was given in the Legislature Thursday evening by Hon. H. D. MacLean, in the course of the discussion on |the Estimates. Criticism of the

Government's financing having

been offered by the Opposition, Mr.

MacLean proceeded to show that

with $660,000 oi additional revenue

from federal subslty and railway taxes obtained under their prede- ‘cessors, the Lea Government in- creased the liabilities oi the Prov- ince by $1,777,901 during their four years of office. Additional items of ry expenditure in 1932, 1n-

News Briefs

(Canadian Press)

AMHERST, N. 5-, March 31. C. D. Shlpley, of Amherst, re- ceived notification today of his appointment as Chairman of the Committee on Articles c‘: the Canadian Amateur Athletic Un- ion. Mr. Shlpley is Secretary of the Maritime Provinces branch of the Union.

QUEBEC, March 31—-(C.P.) -—A petition asking that Price Brothers and Company, Limit- ed, one of Canada's leading newsprint companies, be 4e- clared in bankruptcy was filed at the court house here today by counsel acting on behalf of the Duke-Price Power Company.

KENTVILLE, N. 5.. March 3l—(C.P.)-Membcrs of the No- va Seotla Legislature today paid their annual visit lo_ the Provincial Sanaturium here. ‘tribute i0 Dr. A. F. Miller, Superintendent. and his staff was expressed by several of the Leslslalo s at a meeting in th Institution. '

(Canadian Press)

OTTAWA, March 3l.—A stale- ment will be made in the House of Commons Monday on the Government's policy regarding licenses for steam trawlers, Hon. Alfred B ranleau announced to- day. Ths licenses expire today and whether they should be re- newed ls a contentious subject in the Maritime Provinces.

Rioters Receive Sentences

(Canadian Press)

DORCHESTER, N. 13.. March 31 -Two more prisoners at Dcrches- ter Penitentiary, Raoul Boaucharnp and Frederick Bevis, charged with rioting at the prison on January '1 last, were committed for tl-‘al at the gonclus’ of their preliminary {hearing here today before Magis-

tralo o. o. M- cnapman. muklnr

a total of 10 committed to date.

One of the. 10 sent on f" m" v previously has been tried. and giv-

en a further term of two years.

The other 1s are expected i» be 'trled at the sitting here next week ‘o; the westmorland _ County

Court.

m, a, Weymlm, Baht John, ap- peared today as counsel for War- den George '1‘. Goad, who laid the lnformatfons in all cases. The pris- oners wem not represented by counsel.

i

i

eluding Prince of Wales College, Falconwood Hospital. increased car- rying charge ol’ interest and sink- ing fund, funding of Liberal debt, payment of OLeary Produce Com- pany note relief, totalled $301,095; yet the Government came out last year with increased liabilities of only $290,096, as against over half a. million dollars increase incurred in 193i, the last year of Liberal rule.

Mr. MacLean challenged the Op- position to show wherein the alleg- ed extravagance of the Government occurred, or to refute the figures he had submitted.

The Opposition leader's reply was

and unemployment ‘

to object that Mr. MacLean was

making "a budget speech." The fact that he had not protested while Liberal members were given similar latitude in committee was strongly pointed out by Hon. Mr. MacPhee_ ‘ Another striking feature of Thursday nlght’s discussion was the llndictment by Hon. o. Shelton Sharp, Minister of Public Works, of ,Llbcral insincerity 1n proposing taxation on salaries of school ueachers and Government officials, and leaving wealthier classes un- touched.

THE LIBERAL GAP

rMr. sharp said he wished to give some of the reasons why he would vote aga‘ "Our friends in Opposition,"

and expenditure meet. We have only to look at the past few years o! their administration to know that the government under the Leader of tho Opposition went be- hind to the tune of $1,117,901.33. That is the increase in liabilities during the four years of their re- gime. 111st debt funded at 6.12 plus 4 1-2 per cent to take care of sink- ing fund, means that we have to

l (Continued on Page 10)

WINNIPEG, March 31—"Bank- ing and Currency" formed the sub- ject of an informative address de- livered before the Winnipeg Board of Trade last evening by Jackson Dodds, General Manager of the Bank of Montreal.

Two of the points he made were that criticism of the Canadian banking system came chiefly from those who would like to lay their hands on the savings ‘ of thrifty workers, and that it was hardly possible to suggest any new scheme for seeking to get around the fact that a gift and a loan were

two different things.

He explained why interest rates on loans to farmers were lower in old settled parts of Ontario than in the Prairie Provinces, told why the bunks retained their faith in the West, explained why, as a banker and a citizen, he was op- posed to inflation, and gave tho answer to the oft-repeated ques- tion as to who gets the premium that is paid on, American funds purchased with the Canadian dol- lar. The premium, he said, goes to those who have American funds for sale in Canada, in the form chiefly of tourists‘ cheques, drafts and currency and the proceeds of-ex- ports, in which latter the producer shares.’ '

Starting out with a brlsf sketch

Inflation Fallacy ScoredInAddress Of Bank Manager

Mr. Jackson Dodds, General Man- ager Of Bank Of Montreal, Deals With Subject In Address On Banking

And Currency.

of the history of banking in Can- iada up to the time of Confedera- tion, he said that since 1871 bank- ing had been governed by the Bank Act. This Act, which was revised every ten years in the light of ex- perience and growing needs, was carefully framed to preserve in- violate fundamental features, namely, the protection afforded ln logical sequence, first to note hold- ers. who are involuntary creditors, second to depositors, who are vol- untary creditors, and third to shareholders. Under this Act, in addition to providing a stable med- ium of exchange, and a safe depos- itary for savings, the banks ren- dered important services to the Government, and were empowered to lend money under clearly de- fined restrictions, to facilitate pro- cuction and the carrying on of legitimate business.

Ne Constructive Criticism

“Tbs agitatiomwhleh has arisen at each revision of the Bank Act has naturally been chiefly upon the part of those who would like to get the loan of the savings of thrifty workers, deposited in the banks," he said, "There is also the glib professional agitator. But neither of those has ever offered

(Continued on p“! 3)

MAY FACE SOVIET TRIAL

L. C. Thornton, one of the six British engineers arrested in Mos- cow on charges of sabotage, and who may go on trial despite strung representations made to the Soviet foreign office by Ambassador Ovcy of Great Britain. It is understood the British prisoners may be releas- ed on ball.

Bright Spots Of Financial And ' Industrial Wk.

(By The Cfinadlan Press) SYDNEY, N. S.-Two hundred

men returned to work this week in the wire and nail department of the

~ the Opposition motlorhi Sydney Steel plant _ hel said "have told us that we are Lid. of Canada, manufacturers of shin’, “M000 m making mvemlgllightlng fixtures and subsidiary 0!

TORONTO-John ‘c. Virden Co.

n. Cleveland concern, arc enlarging their plant by 50 per cent and will add to working stall.

HAMILTON, Ont. - Chamber of Commerce reports a gain in cm- ploymcnl: in Hamilton and moderate

111110.

berta received 987,611 lbs. butter fat as cream delivered in February, in- crease of 115,127 over same month of 1932.

WATERLOO, Ont-A local bar- rel end keg manufacturer has re- ceived an order for 1,000 keES 5°? a United States brewery.

HALIFAX -- During rnbruary 359 vessels entered and cleared this 1101i? compared with 352 and 335 in Feb- ruary 1932 and 1931.

TORONTO-David Rosensteln, of New York has acquired premises f0" a plant here to manufacture wo- men's slippers.

QUEBEC _ Quebec Bureau 0i Mines reports gold production in the Province for 1932 at S8291-575- nearly l1 times that of six years ago.

TORONTO—-Noma Electric CO- 01’ Canada Ltd., branch of a. New York 1mm reports plant expansion and staff increase.

Will Be flanged Jane First

(Canadian Press)

BAHIURST. N. 13., March 31- Cimdemned to the scaffold, Nor- man Joseph Pitre listened stolidly lo his death sentence today and calmly lit a cigarette as he left i110 courtroom. The stoical reaction was in marked contrast. to 11's attitude yesterday, when he wept while his counsel made a final address to the jury. The sentence pronounce by Mr. Justice .1. B. M. Baxter was

land about 12 miles from Fogo. that Hue be hanged on Juno 0:! Late today the Minister of Fisheries

for murder of George Smith, ag resident of South Tetngouche who

Rilfas, and his brother Wallace

held up smwh m the hue“ stow‘ land, 150 miles to the northeast of

on the night of April 20 last.

OTTAWA, March 3l—-(C.P.) -'l‘hc Si. Lawrence Waterways Treaty will not probably come before Ihrfament at the pres- ent sc~slon unless it is apllfliv‘ ed by the Ilnlicd States Sen- ate. ‘lion. R. J, Manion, Minis- ter o! Railways and Can-ls told the House of Commons this evening. He was answering a by J. F. Poulloi (Lin. Temlscouata).

i i

improvement in manufacturing vol- '

EDMONTON-—Creamerics in Al-

d out off from the main party, and

idied from a bul'ct wound suffered 5“pp“°'5' 1:“: ‘Saga? oertpfirtlsgrrgslc | when Pltre, commonly known as mm “°" ° '

I

i

Mostly

O

‘is

fall’ with fresh winds

shifting to easterly at. night renew. ed by some rain.

12 PAGES

i

Annual lublerlpllon Delivered “.00 B: Ill-ll Canada and n. s. s. use

111i} Aeroplane Crash

iWinnipe-g-Toilers

Basketball Team Meets Disaster

Dead, One D

‘Six Of A Party-Of Fourteen Are

ying, And Five

Are Given A Fighting Chance To Live-Two Will Recover.

(Canadian Press)

NEODESHA, Kas., March 31 Tragedy flew with a. groufyof young Canadian athletes through bright Kansas skies i today and ended in quick death ‘ and injury their gporting in- . vanlon of the United States.

Members of the Winnipeg Tollers, basketball champions

cf Canada in 1932, and accom- panying party were the victims of the crash of u disabled tri- motored aeroplane in a forced landing on a soggy, narrow plowed field.

Six of the 14 persons aboard are dead: one is reported dying; two are expected to re- cover and five were given a.

fighting chance to survive by

physicians.

The dead are:

Mike shes, Winnipeg, I ember of the team.

Joe Dodds, Winnipeg, member of the team.

R. H. Boynge, Winnipeg, team business manager.

J. ll. O'Brien, Minneapolis. own- cr of tllc 111cm.»

Avlie II. Hakcs, 28 Windon, Minn- p‘lct.

If. E. Egsens, Hendricks, Mlnrn, co-pllot.

TllC injured:

Bruce Dodds, player, internal in- juries, reported dying.

‘nipeg Tribune Press

6°91‘!!! ‘Viilim. manager team, critical. Lauder Phillips,‘ player, Scratched

of the

3’ and dazed.

511M C. Samson foreman olwln- room, badlf hurt but not critical.

'1‘. A. Silverihornc, piuycr, broken legs and arms.

""811 Penwarden, player, critic- Riiy hurt and unconscious.

Inn Wooley, player, critical, ‘un- conscious. ‘

The disaster overlook (he Manl- loba party on its homeward trip from Tulsa, Okla. after an inter- national series of games with the ‘Tulsa. Oilers, amateur athletic un- ion basketball cllamplons or the United States.

DEVELOPED MOTOR TROUBLI

The big craft suddenly developed motor trouble alter skimming the Oklahoma and Kansas prairies fm: more than an hour. The left n-lng motor quit and Pilot Hakcs appar- v1111y decided to land the heavily laden croft.

Pickillllt- out a narow strip of Pimved ground, the pilot apparent- ly side-slipped the huge craft in a futile effort to avoid over-shoot- ing the small spacei The wing struck the earth and was nmmpled. Th‘? landing gear was demolished

Brown, player, critical. (Continued on Page IMF-F. s£Alnurnmsi,fi%§£$~ “Eypgsgggfs, 0N ISLANS m An U11dfle*te.rn1in-~ _ Qlf-i l,»

ed N u m b e r Are Stranlcletlkiflgirglolrse gills Olfc Coast 0f]

Newfoundland.

(Canadian Press)

ST. JOHNS, Nfld., March 31- Murooned 0n islands off the coast of Newfoundland when drifting icc carried them scnxvurd. nu undeter- mined number of scnlhuntcrs en- deavoured to roach the mainland or waited for rescue toniflilii-

A large party of sealers set out yesterday from Musgrnvc Harbor. on lilo uorlhcnst coast. Many rc- turned to the mainland, but brought with them the news that several of their number had been

had sought shelter on Pcckford Is-

despatched a rescue vessel with

Meanwhile, on Western Horse Is-

Fogo, and a dozen miles off the mainland, six men of a party which drifted seaward on March 10 were believed to be still sheltering. Their companions reached the coast a few days ago, after the whole group had departed from the main Horse Island in an effort to return to Coachman‘s Cove, their home settlement. Half the group were forced back and took. refuge on Western, a mile to the westward of Horse, where they had landed in the first place. They were believed

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