PIAGE mug V rue GUARDIAN. (JHARLOTTETOWN g ' - cl dtlti .tldb tl the '- -

T E (1 U A R A N ::i)n:Ci:hetli:r ihCeoI:(:ndHii'las sglligtiigacfoif 100 Tourlst rempte rs The Pass Authorized as Second Class Mail Post Office or 92- G0Ve1inment bonds or any other ' I By Umuwu

Department, Ottawa. The Island Guardian Publishing Co.

President and Associate Editor, Ian A. Burnett. Associate Editor, Frank Walker.

CIRCULATION "Covers I'rince Edward Island like the dew”

"The strongest memory is weaker than

the weakest ink". N

'cuXiiLT)'r"Fi.TovTx ATERDAY. .urnTi.-Tit,-i.93'z' Pulling Together

Although no statement has been made, as to the results of the City delegation which waited on the Government Thursday it may be assumed that they were not brusquely turned down in their appeal fori aid in making the extension of runways of; the Charlottetown airport a reality. It is certainly to be hoped that the Provincei will assume responsibility for deficits and that the City will see its way clear to op- erate the airport on that understanding. ,

It seems clear that the Federal Gov-' ernmcnt is determined not to modernize the field unless the City or other autl10rii.V undertakes its inanagcment. This is, con- sequently, a time of crisis. This Province has a magnificently central location to as- sist in the development of Newfoundland. Labrador, Eastern Quebec, New Bruns- wick and Cape Breton but location means little unless we have the traiisportatioii facilities to take advantage of it. The Is- land will either he a busy centre in close: touch with all the localities where new-i found wealth is being exploited or else we? will be relegated to a very insignificant position indeed, too remote from either centres of production or markets to inter- est outside htisinc-ssmen in our potentiali- ties. , , It would, of course, have been better-' for all concerned if the Department of Transport had continued to operate the air- port as well as constructing a long runway. but the issue is too important to waste time, crying over spilt: milk. The situation can? only be saved now by City and Province, co-operating to make a workable arrange-, ment. l

Government Bonds I

A lot of people who bought Loan and other Dominion Government bonds in the past dozen years are won-

dering why these gilt,-edged securities to-.

day are not worth 100 cents on the dollar. Above all. persons on fixed incomes have been asking how it comes about that. bonds they bought during the war years for 551.- 000 each are today worth only 5B950 or thereabouts, depending on the issue. These and other questions relating to Govern- ment bond issues are discussed in an article in the Ottawa Journal, from which the fol- lowing statements are taken.

The Department of Finance. which fixes Canadian monetary policy, and the Bank of Canada. which carries out that

i had no intent to mislead, there can be little yictol-V: doubt that the cross-examinerls task will be

bonds, he suggests, should not be con-, fused with life insurance in planning aheadl for protection of relatives.

In the case of large estates where. suc- cession duties are a factor of importance, it would, of course, take more bonds at 92 to pay off these duties than if the bonds were at par. In smaller estates, the differ- ence between the current market value of the bond and par would scarcely be large enough to make any appreciable difference.

There is one type of Dominion Govern- ment bond on the market today which is always cashable at face value. This is the Canada Savings Bond. But while it is al- ways worth 100 cents on the dollar (though never more than 100 cents) the CBS is sold to individuals only and the limit of the pur- chase by any one individual is 525,000.

Proof ill Perjury

Law officers of the Crown experience considerable difficulty in proving perjury and it is not surprising that the bill to re-E vise the Criminal Code should contain av- provision,sec.116, that a witness who gives evidence that is contrary to his previous testimony is guilty of an offence. unless he establishes that none of the evi- dence was given with intent to mislead. The provision would do away with any necessity of proving that one or other of the statements was false and amounted to perjury.

In committee, however, there was less sympathy for the difficulties of the Crown Prosecutor and more concern that wit-i nesses would be prevented from correcting their testimony by a 14-year sentence awaiting their change of story. "That would discourage a perjurer from telling the truth,” said A. M. Robichaud (P.C.-Glou- cester) and, indeed, it would appear that

adoption of the section would strongly con-

firm witnesses in whatever version of the; facts they first declare.

The whole object of cross-examinationi is to induce a witness to so qualify or alter his testimony thlst it has a contrary ef- fect. If the witness is aware that contrary testimony will call for a long term of im- prisoiimcnt, unless he can prove that he

'APRIL 18 195-.

,.

inc

limo N 11. -- .-,.g, on not yA0?lGiqotim xsuvla mp

1 st vi" rvrliwmdrtiiv hrtl”'n am yin-Vrmmiisi my cot? vidl ue FM out I” 'u:dlesA V” wit. 5 .nr aoulll pnvcl W out ov"”ycster- .id- d0l'i',wlv.e,tGWli on Oil” 345' ncton Y

'E.r---aJt-- do I get

I

another chance?

X.

PUBLIC FORUM

This column Is open to the discussion by correspondents of questions of Interest. The Guardian does not necessar- ily endorse the opinion of ..or,rospondents.

PROMPT MAIL SERVICE Sir,-Enclosed find cheque in payment for subscription renewal to your paper. 1 might. add that the paper is received regularly here, and considering our location, which is 164 miles north of Seven Islands, we receive your paper following day after publication; its route is from Charlottetown to Mont Joli then to Seven Is- lands then on to another com- pany aircraft for Grace Lake and it's very seldom we receiveapaper later than one day from publica-

' the harder. Every witness will be a hostile

lone with a vested interest,in maintaining - his original testimony.

i Perjury is a very serious threat to the icause of justice and should be dealt with

tion. This is a fairly isolated place -hut our papers are received some ltlay as the mall back home in lGlen Martin, P.E.I. where we are 'nlso one day late lnreceivlngmail and it's only in distance of 30 miles; which only goes to show that up here. in isolated Labra-

niercilessly but the way to get convictions ,is not to make it an offence for the per- Ijurer to tell the truth.

EDITORIAL NOTES

-CtllIl'el1t rumors at Ottawa are that the Federal general election is to be called for Monday, August 10th.

i was

Despite the weakness of the potato mar-

dor, a distance of approximately 1.000 miles, our transportation psi-rvice and mail delivery can be compared more favorably to that of rural P. E. I. l I am, Sir, etc.

C. M. MacPllEltSON, ,(;tnre Lake. Radio, ll.t'.'I'., Mont Joll, P.Q.

,, 3: seao9co&V;oo:aiyco-35903 ..

who Age-illii Story 0,

- n yA5ox9:-co as-wag-coca-...t

P0110273 point 011' NW1 1- A D0mini0" G0V';ket this Province continues to move thel And whm he had 0-,",d unto

ernment bond is always worth its face value at maturity. There has never been 8. default on these bonds. terest as set forth on the face of the bond always has been paid. 3. Values of Domin- ion Government bonds actually did go up in terms of U. S. bonds whcn'tlic Cana- dian dollar was freed from control.

In FCDLV M iii" fll-10513011 Why 3 P9-l'50”iWestern Provinces in lieu of public lands,l., M. Wh0 b0US.Zht 3 mild ifl" 51-000 in 1943 isiwhich were continued after the transfer ini loveth unable 10 S011 if WV 31.00” in 1951 1110-1030 of the lands to the Provinces, shouldl "ft": k H, H” Bank of Canada points out that if an f)ll'll-tihavg mad as follows; Manitobm :5562'5(m;l 3 3 ” "" " i""”"- buyer-inttyet-ta, .i373,ooo; Saskatchewan. s375,ooo.-'"'-

or wants to sell he must find a "The market price may be less or more than the face value of the bond at nia- turity. At the moment, the price for Gov- ernment bonds is somewhat. less than their face value. This indicates that investors

have alternative uses for their funds which ably more important that the Naval psmbg;

are sufficiently attractive to require. sellers

iremains of its crop at 8. fairly heavy rate. lMarcli shipments were well above those of

;ordinary crop warehouses here would have

been have for some time. i O 9 U these columns grants to the

3 Reference yesterday in .to the minimum annual

' s so 0

Charlottetown will not be too depres- ised about the further postponement of a lnew Naval barracks. Other matters are .at present in the forefront and it is prob-

lishnient should be satisfactory when com-

-him his twelve disciples, he gave 1 them power against. unclean spirits. to cast. them out, and to heal all

2- R9EUm" in'i last year! But. for this Province's CXll".t- manner of sickness and all manner

.nl disease . . . And ye shall he 'hated of all men for my name's lSIkE3 but he that endureth to the end shall be saved , . . Think not that I am come to send peace on earth: I came not to send peace. but a sword . , . He that lovetli llather or mother more than me worthy of me: and he that son or daughter more than not worthy of me. And he Ind foi- lowcth after me, is not worthy of

m

Old Charlottetown (And r. I. Li

EPISCOPAL VISI1

l

"His Lordship the Bishop of Nova Scotla held a Oonflrmation at

of Government. bonds to offer additional in- pmed rather man mar any kind or hu”d.pGm,.ga,own an the W, inst” mm

centivc to buyers. This takes the form of a lower market price."

In other words the Dominion Govern- ment bond must compete in the money market with such things as minesy pipe- lines, industrial stocks or real property.

The Batik of Canada does not expect 8 further drop in theimarket value of Gov- ernmcnt bonds,.but points otit that it is not the job of a central bank to buy un- limited quantities of Government. bonds at A particular price. To do this, they say, and to pay a price higher than the current market price would have a sharp infla- tionary result. At a time of high busi- ness activity, such as 1952 and the present year, industrial stocks appreciate in value. And there is a tendency for the market price of bonds. (which have lower returns to the investor) to decline somewhat.

The drop in the market value of Gov- emment bonds has.had an eff t on it large number of estates of wh ' bond holdings formed part. However, a Bank of Canada official points out that if the

ling he provided at once.

I O O E Brownies, Girl Guides and Rangers will ! be on their toes this year with the prospect

lot a visit to the Island in September by

'Lady Olave Baden-Powell. Like her late husband, Lord Robert Baden-Powell of Gil-

well. the founder of the Boy Scout and Girl Guide movements, Lady Baden-Powell tra- vels far and wide and invariably leaves be- hind her renewed enthusiasm amongst Guides and their leaders. 0 O 0

George Geffreys. Lord Jeffreys of Wcm, Lord High Chancellor of England, died this date 1689. The action for which Judge Jeffreys is most notorious is his Presidency of the Bloody Assize of 1685 by which over 300 victims were executed and a thousand sent as slaves to the West Indies. The fol- lowing year Jeffreys headed the Court of High Commission which was revived in op- position to the Long Parliament. He com- mitted the seven bishops to the Tower. On the fall of James II Jeffreys fled but was

on the day following met. a number of influential inhabitants and ex- amined the newly eredted church at Cherry Valley. He arrived in Town in the afternoon. and was vrarmly greeted by a. number of influential members of the Elst- nbllshment, who had been anxiously expecting his arrival.

"On Sunday last, immediately after Divine service. His Lordship conferred the rite of Confirmation upon 99 candidates for this solemn ordinance in st, Paul's Church. Charlottetown. He preached both in the morning and afternoon. and on Monday addremed is special meeting of the Diocesan Church at the Court. House. with His Excellency the Lieutenant Gover- nor ln the chair.

"His Lordship, we understand, had made arrangements to con- secrate Milton Church, and after- wsrds hold 3 confirmation there. on 'I'uesds:y:- to hold s 0on- rlrmallon and oonseerstc the churchyard at. New London. on Thursday morning: and hold a Confirmation and cons at. hhe church at St. l.'lesnor's on Ffldli morning: and to embark at Bedeque on board the 'St.. ,Geom' for mnmiahi in the utter- noon: but sudden end severe in- dlsnwiion cornpollu-4 him. by the srlvlce of his rnedicsl attendant.

batik being held for the income they

arrested and died miserably in prison.

to rsllnguish his lntcrstlon and to

long g

L Notes Bx

Csnuls's expanding economic prosperity isnt the only boom this country is experiencing these days. More jobs mean more fam- ilies - and the new families aren't only those which emigrate to

. Canitda. As a proof the Domin-

ion Bureau of Statistics amoun- ces that in 1952 some 395.024 bob- ies were born to Canadian par- ents-thc highest. number on re- cord. But what's more significant for .the future of this country- whose biggest problem is still too- sparse population.-ls the fact. that the estimated birth-rate per 1,000 of population is steadily ris- ing.-Vancouvevr Sun.

The anti-social attitude of -some property owners is indicated by the case of one who has a. large house on two acres near Harlech, Mer- ionethshire, Wales. The local council wants to develop the land for housing, but the owner -(who never goes there-refuses to sell. He told the council, through his agent, that he was alarmed at "the disastrous effect such a. devel- opment would have on the fu- ture enjoyment of the property and its value." If the scheme ”was persisted in, the claim for sever- ance would have to be very high." The story is told by The Sunday Times. London, which goes on to note that the property owner con- cerned is the Dean of Canterbury. Dr. Hewlett Johnson. g-Fort Erie Letter-Review.

Viaoount Dudhope, Hereditary Standard-Bearer for Scotland, who as Mr. H. J. Scrlmgeour-Wedden burn established his claim to his

lodged a. petition in the House of Lords claiming the titles of Earl return on the 'St. Geonge' to Pictou, on his way to Halifax on Wednes-

and d.lsappoln'timent."

present title last. year, has now.

day morning. to his great. regret

--Colonial Hera-id. Sept. 1'1. 1842.

The iWa); AC

of Dundee and Lord Inverkeit.h- mg in the Peerage of Scotland. In his petition. Viscount Dudhope states that on September 8, 1660, Charles II advanced John, third Viscount Dud-hope, to be the Earl of Dundee and Lord Inve1'kelth- mg. The title which flfty-yea.r- old Viscount Dudhope is claiming has been dormant; since the deatli in 1668, of the third Viscount Dud- hope.-Edinburgh Scotanmn.

t'?oe&'

MAY YOU GO SAFE

(On the Death 191-: Mshometsn Friend)

May you go safe, my friend. across the dizzy way.

No wider than 3. hair, by which your people 1:0

From Earth to Paradise; may you go safe today

With star and space above, time and stars below.

and

And at. the further end may you not. fail to reach

All that you hoped to find upon the other shore,

Where the long centuries go curv- ing up the beach

And foam away and "cease, and there is time no more.

And if. from some small door be- hind our Heaven , should stray

A vveedy path, from which the orthodox refrain.

Round to your Paradise, I'll seek it

. out. one day.

And sit. and hear you tell Indian tales again.

l'Rl'0

GLord Dunsany.

1 A .55.

NOVA NCOIIA YKYTIIES ITU

N H - tii:re'soi?:liiing nicerl

WINDSOR. NOVA t.(i(lflA

FURTHER. PIBCATORI AL REFLECTIONS

SOME AFTERTHOUGHTS

Well, the great. day has come and gone. It. was anything but. Spring- llke at 4:30 am.. but this did not sunprlse me as I had predicted rain and would have been a little disappointed if it had not come. There is something stimulating to one's ago in getting up at dawn and journeying forth into the rain and cold with rod and reel. While warm sunny weather is all very well in its place, one feels that it would be slightly out of or- der on an occasion that points to the adventures of the first day of fishing.

Later, when a friend tells me confidentially that "opening day was too cold for me”, I will be

,lllS6 time usually has a worm on one

for farmers, covering 24 hours

day of disability as the result

Surgical & Hospital hr-nefit ernus amounts for loss of eyes,

FARMERS Acoio-Eur POLICY

, The Great-West Life offer a special personal Accident Policy

Monthly income is provided for the farmer, from the first

World wide coverage-slr trsvel Included.

ASK US FOR DETAILS

iivvnvinu 8. no. no.

Provlnoisl Henlnn-The (lrosi;-West Life Assnrsnoo Co.

Offices: CllABl.0'.I.'I'l'l'OWN - SUMMEBSIDE - IIIONTAGIII

a day, and in all locations.

of sin accident.

ii are also provided. as are gen- 1Pl!. arms, etc.

.-

able to put. on an air of superior- ity without giving offence, and that of course is B. privilege to be coveted. It. has been said by a very philosopher that a fishing

cnd nd a fool on the other. With- out desiring to dispute the dictum I think I can say that I was a bit wiser, or at least. a. bit leg foolish, this year than in previous years, for my first stop was at a nearby stream and not, as fonnerly, many milu from home.

My chief reason for choosing the place was that. I expected to make contact with quite a. large

tllsil. that I left there in peace on icloslns day. But. fish are like peo- ple in that they are smnetlmm

unreliable, and this one on which I had fixed my hopes disappoint- ed me. He had gone and left no address. He did, however, leave some of his half-grown brothers behind and with these, an even dozen of them, I had to be con- tent. O O O

In s. gastronomlcal sense April trout are not. things to rave a- bout, and this years crop appear to be somewhat thinner than us- ual. In fact. the samples I brought bsck for breakfast were plainly anaemic and I would judge that. they had been in a. state of semi- starvation all winter. This may ac- count for the fact; that. they took my lune so readily. (I had almost written "bait" and caught myself Just in time.)

In the Sovereign State of Maine the first salmon caught uifter the opening of the season is conveyed with due and becoming ceremony to the Governor of the State. somewhat after the manner of paying tribute to Oeasar. It. is to be hoped that it similar practice will never be adopted here. No doubt many bigger trout. than the ones I landed were taken on the 15th. but. I suspect that even the biggest was in s. similar state of malnutrition and. consequently, most. unsuitable for His Honour-'s table.

For all that, no fish caught later in the season will seem quite so attractive, from a psychological viewpoint, either in or out of the frying pan. which is one more evidence that. we are influenced more by our psychological impuloa than by our good judgement: in taste and appetite.

. . .

It. was on opening day, 1935. that. I was first. Introduced to Is- limd fishing. My companion on the occasion was an old hand at the game. He knew not only where the fish were but. also how to prepare them for cooking over an open fire, which. incidentally, is something entirely different from preparing them for the same care- mony on the kitchen range. On the clay to which I refer my friend had brought along ii. heavy iron

ing Scene

frying pan and, the meal be over. left it in the nearby t

During the years since it had not gone back to the p,,,,., spot. This year I decided to dog, in the hope, utterly,unexplutn-amp that the old utensil might . v5 be there. And it. was, It had rus C considerably but not, I 1-mop... R say, beyond recognition. The nirni. cries the sight. of it brought hart. to my mind were all bright min. although a. little darkened by (1,; knowledge that. my companion N that delightful day in the p.-ist, :3 now far frmn well and unable ll) heed the call of the great .,,,;. doors as he did then. But while his physical ability is somenlm impaired I know that his heart often wonders to. the streams he has always loved. One of those days I must pay him a visit, tun if we cannot. wall: together all day long in pursuit. of the J(Il'S of wind and sun and stream and mi earth, at. least we shall be able I!) sit and talk and tell stories of other years, with no replntng cor. oemins the dead past and u:'l: nothing but cheerful faith tor Imp future whatever it may bijng.