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PAGE FOUR

- THE CHARLUITETOWN GUARDIAN

TllE BHARLOTTETOWN GUARDIAN

a 3 .1- |,»--\\'. Filcsli-r S. .\ii-l.\iie_ Al. l’ ‘r B‘ u] _ 5,,,.,.,.iiir_\'—i.'lcllt.470i. l).

_ Vlce-Presldcnt-J. B. Burnett A, liliirKiilnoil, D. 8. 0.

lhlliur aiiil lillnnitiuls‘ 1‘11'\‘°1“1'-‘J- “- nurmu’

lie l-lrliiorrh-l-‘rilllk

Walker and l)_ yi. Currie

. V - “" C00 (ii advance) delivered. ‘Alllnlllllllniliéfdl,IIlXlISGnFJ dfigda laud Jailed Statel-

HIYERTISING REPRESENTATIVES

. _~ . - - S -i.l A . inc. New York Central

- '1 lhp- §‘llills-VilAmildllcrlll"Allitob:llili|il‘1d;cyn°"°11. liillrstnte liuilll- “M11111” mvur. \\'rllullL'l|l>_V '|'i»l\'\'l' lmilrllhs. ‘zhifluro: Syniiiv-li" '12"! . l l... - lll"liil liuiiili|i|:,.\iluiliu; Iluilailnock Building, an

llriwfxm llrrii. -\'lri.'(-l_ Philadelphia,

Morning Maxim

By thought, by attitude; and by

reading, which feeds both one may

opcn doors and cross thresholds and meet other minds otherwise im-

possible.

WEDNESDAY, ocroaan 5TH. 1932

a--———————

moss 00x0 ISSUES

As canlpnigil propaganda for its party childidrltc in the Fifth Dis- trici of Prince, our local contem- porary has rc-pc:\',cii!y' cliiinlcd ill

-,go on the bond market when the lcondltions were unfavorable. /The question that remains, therefore, is for Mr. Lea and his party support- crs to answer. Why did they ne- glect to effect this saving? The sole

ma, the 5mm“, Gowrnnmnt b“, excuse advanced by the Liberal ',,t 51X pm- cent leader is that the bank was not

NOTES BY TllE WAY

It is lronical to bear American

is" making light of the new movement towards British Empire trade co-operatlon on the ground that ultimately tariff bar- riers are powerless against natural commercial tendencies. That is a

tragic disproof at this moment. Her tariff barriers, raised even high" rho higher, have simply killed posi- war Eilropcs best endeavors to pay off war debts, and. incidentally, led to the phenomenon-enough to make the original founders oi the Ameri- can Republic turn in their graves- of mile-long bread queues ill once thriving aild even 1>ul'5@'il1‘0il<1 c119‘ ies. What the Ottawa a.- glcement may mean to British in- dustry is adequately revealed, so far as America alone is concerned. by the Washington 0515111016 11159 it w'll “for a time" cilt 60.000000 ex-

nalve ~

truism o1 which America has rather

PUBLIC FORUM

Charlottetown (lnnrdiul docs not necessarily endorn the oplllllflll of u-rrenpondentl,

This column In open for the lllstulnloll by rorrenoondell- of questions of interest. The‘

r-

AS EXPECTED

sug-Jtcferring to your editorial of this morning's issue, in which you refer to me in such flattering terms; I may say that V0111‘ Opinion, of me personally, or on any other subject. docs not give me one iota of cou- ccm; and as you do not deny or excuse one of the accusations against the “Stewart Administrations" which I made in the signed letter, to which you refer, I do not feel called upon to reply to your scurrilous personal critcism. 1t was just such an edit- orial as I would expect from you, Sir, and I iccl particularly flattered that we are on such friendly terms. I am, Sir, etc. w. r. ALAN srawliirr

olflflmim.

FROM "A GREAT MAN”

That man is great, and he alone. Who serves a greatness not his own,

For neither praise nor pelf: Content to know, and be unknown: Whole in himself.

Strong is that man, he only strong. To whose well-ordered will belong, For service and delight. '

All powers, that,‘ in ill“ free of

Wrong, Establish Right.

And free he is, and only he

Who, from his tyrant passions free, By fortune undismayed,

Hath power upon himself, to be

, ,1 £001‘:- By Iomerw. Barton. Mon"

rliilvrui.” ram- AND FOOT svr-rolvrs

One of the mistakes now being made by many sufferers with pain- ful feet: Ls in thinking that some ‘kind 0f support is all that is neces- sary to bring about a cure. This, of course is only natural because when one has a headache the use oif a headache powder is considered the ideal treatment.

Now, if you consult your physic- lan about a pain in the head or headache, he will tell you that there

By himself obeyed,

.._.._-.-ar-rumrrn-wounasapunanm .,...

OCTOBER

L~A~L3Zv

COAL SERVICE

At your service every day of the year, sup- plylngtlie very best Coal, Coke and Fire. w wood. . HARD COAL SOFT COAL DOMINION COKE

Sold in any quantity at the lowest price. ‘When you want 100 pounds or 100 tons, see

_:lrc as many as one hundred or more causes of headache. Of course

Lord of a lofty life ls he, g you may deaden it with a headache.

or telephone.

towed $1,250,000 and i2» that illis borrowing was unnecessary o: illc time, and in yiew of subsequent more favorable murlulcns in the bond market rcp- ruscntcd ii loss to the which could have bcvn avoided. _'l‘lle sole object

of thcsc mis-

statements, appnrijllily, is ‘.0 cilvcrt,

aztcntloil from the lilmcntable failure of the lzitc Lea Government

to reduce its enormous blink over-

Province l

pressing him at that time. The lfocts detailed above show why this 1was so; the bank was quite willing It.) carry the overdraft in the early months of 1931, when the bond market was firm. The facts also show why the bank wm concerned about having the overdraft reduced illl September, and why the Stewart Government was forced to act as it did. If, as our contemporary al-

pounds a year oil‘ Jinlerican poris."—London Coliteiloi1dmce- Strathgartiiey, Oct. 3, i932.

If you are man enough to print ‘tile above ill your issue oi the 4th inst. please have the common de- culr-y to make no omission or typo- "graplllcill errors. W. F. A.

The demand of ovrmmy for equality, says the Philadelphia Ledger, logical us l: is, has Mk0" world diplomat)’ by surnrisv- 11w other Powers arc unlirfilflfcd 1°.

iii PRESSION AND

Loftily living, though he be Of lowly birth: though 17v". He lacks not wealth: liar l ‘ ' degree In state obscure.

—-“0wen Meredith" who was the second Lord Lytton, Viceroy of India.)

meet the issue. It. is realized lluli lfl a compromi-e ‘is not effected the; Germans will throw lhc Vcrsuillvs; Treaty overboard and re arm at will. Only the ical" 0f war \\'<Ju1l?1 I71?" '_ ' vent this stPl), and 1111111111011 1n‘ i111‘ m)‘ “Nd-one

I‘!I‘.T'l{. l. DUCKS

yin lire in the nl'ri.t of a d:—, Ion, iilrllgs are far from oheer-‘ is in the mood to ‘grasp pagcrw at any sign that

ilrcly unaware that. both an army

and navy were after him. for the army had taken up a position of advantage on the shore, so the sol- itary fisherman is between two or

giolvder or tablet and it is some- 1111165 recessary to do this, but l! he headache persists or occurs fre- qnzcntly then the cause should be located and the proper treatment given. _ , .

Similarly with painful feet. strapping the feet with adhesive tape, using arch supports, or wear- ing specially made shoes would seem the sensible thing to do, and yet the cause of the pain should be located Just the same as pain in any other part of the Body.

A. PICKARD & CO;

Phone 240

draft in illc early nlontlls 0i 19311191105‘ a loss was ‘ncurred k1 155"" l bv issuing bonds at the then pre-{mg the bmds when “ecessity 1° d” vailing rate of 415 per cent which so was {weed "W" the Pmvmce- would have saved the province from t-he resmnslbuity r8515 ram-Y “d ‘ squarely upon the shoulders of the

Lea Government. And if Mr. Leo's

being forced to ilcgotiiltc bonds at‘

a lritcr daze on rill unfavorable nlzlrket, when the interest rate was supporters have no better defense mcreascd_ than the excuse that has boon

In me first place‘ our conmm vouchsafed, the electors may well

purcd to fight (icrilllllly to maluiulu the treaty l.(‘l'lilS. Tile (lisiirnlliillcllt question uulst at last be. fowl squarely and on a basis of realizi- Oratory about tile Silllllli)‘ of treat- ies will no longer scrvc. For tllirtccll years the iclliicllcy ha. becn to lOl" get tho inrlubitilble fact that Gcr- nlany could be a military Power. The world today is recall ng ;t with

things are improving, but there must be money around somewhere, ‘Lilere MUST be, too much money ‘in fact, as evidenced by the extrav- llglilliCfis ivllllOh we see daily all ll-uilild us. A man goes out in his ‘bout for a short cruise, he intends to circle our beautiful Island. As he VJUQS along he has not a care in this

As mentioned before by Drs. R. E. Humphrles and G. H. Taylor, pain in the feet is usually a symp- tom of arthritis which is simply an inflammation at the Joints of the feet. Just as you can have inflam- mation of the hip joint. the knee, shoulder or elbow Joint, due to in- faction from some part of the body, so naturally you can have inflam- mation of the joints 0i the feet.

three fires. He however K8995 51°34" ily on his way and amid shot and shell reaches the shore where he quietly disembarks smiling amused- ly at the land forces who search ills . boat to dscover nothing more hein- ous than a couple of rotten herring. a broken oar. and a can of gasoline aboard. ‘Whether the fisherman thumbed his nose, at them I can-

- :Hiid [he Lea Government re-

inouills of i931, which it could have ‘ coir.-

poriiry is, or should be, aware that the first quarter million dollar issue by the Stewart Government was not at six per cent, as it alleges, but at five and one-half per cent. The 6 per cent rate applied only to the subsequent million dollar issue. Readers will recall that during the spring and 1931, when the Lea Government was in power, the bond market was firm at about 4% per cent. The rapidly increasing overdraft at the Bank of Montreal was bearing 5 per cent, with interest compounded quarterly, and, of course the Bank authorities were willing to carry the loan at that rate of interest, which was higher than could be obtained by the sale of bonds. It Qwas the duty of the Government “at that time, how/ever, to have Iconsidered the interests of the Province. Had it done so, it would ‘not have waited for a. demand 1Irom the bank, but would have re- lduced the overdraft by bond issues, 3116111133’ Raving the additional in- Igerest charges, In August and September, when Great Britain went off the gold Wanda-I'd. £116 market for all classes 'of bonds became demoralizecl and lwent from bad to worse. The Bank ‘then increased the rate of interest 9°"! 5 P91‘ Cent t0 556 Der cent. . 111 Belltcmber the bankers 11n- qulrcd about the intention of the Government to reduce the draft. ‘There was authority by Statute for the borrowing of $150’- 000 at 51.5 per cent and $450,000 o; 5 licr cent, but the Bank consid- ered it inadvisable to call for bids_ I The emergency caused by the loss of Faloouwood ilnd Prince o; Wales College (which our contem- porary

summer of

0V8!‘-

couvcnicntly ignores; brought about n situation requiring large capital expenditure and the Bank stated they were not prcpargd to increase the advances of credit YWCPKWYY f0!" erecting the new 1n- stltutions unless the existing ovor- dmfi “"15 ‘Try considerably m. cluccd. This is a statement or mo; whm‘ c1111 °-"1-"111.V be verified by our ‘c“111@m11°-”111'Y nuri which nbsnluie- 1y disposes of its argument that the Govcrnmcnt should have waited uniil the present time. The Gov- erumont could not act in ihc cin. i-‘Tflency with which it was con- =11'°"1@<1 except h: tllc uieuiiioir of the bank. Legislative authority for fin issue of debentures was there. (ore obtained and. as it was 1m. PLNZIHVO to commence building Op- °T'*"’-11°"-‘¥ 11115 Sear, bonds were sold.

dm-‘ed 115 m/Prdrflft in the eiirlv

"1 B 51111113 in interest

assume that it was clue to negli- gence and mismanagement or the Lea administration,

FA VORABLE OMENS

A favorable omen is seen by the Canadian Bank of Commerce in last month's upward movement; o! the security markets in Canada and the United States. In the Bank's September Commercial letter this movement is noted as "the most salient feature of the month." Even if the substantial improvement in production and trade necessary to maintain the higher security quot- ations is not yet clearly visible, it is a relief to know that a check has been placed on the deflationary movement which had progressed so far as to weaken one of the strong- 951 Supports of the economic struc- ture-the reserves of wealth in the form of high-grade bonds,

The agreements negotiated at. the Imperial Economic Conference, the report states, represent one oi the 11151? bis’ efforts to overcome de- PYE-sflvn by swim instead of nat- ional action. With two outstanding examples of co-operatlon in the re- sults oi the Lausannc and Qtfgwa Conference, hope 1,5 gxppggged that at the forthcoming World Economic Coilferenco some at least of the Ob5l8Cl% iilillt stand 1n the wgy 9f *1 World movement toward normal international conditions will be re. moved. The article concludes:

"While the agreements effected at the Imperial Conference may not molly alter the present channels of world trade, and there- fore need not to regarded as ilandicappzng the World Economic Conference, we venture the opln. ion that even the slightest con- cessions made at Ottawa would have been welcomed by any country outside the Empire circle 1° “1111011 they might have been offered. A summary prepared by the Bank of England on the dis- tribution of the foreign trade of 111° 11111164 K-inkdom shows that We percentage of imports from other Empire countries has great. ly increased in the early part of the current year, while that of 0XD011§ t0 the overseas Empire 1W1 men siishtiy- Thus, Empire irfldc as a whole was expanding before the Conference, and it; lg reasonable to assume that it, has gained fresh incentive from the newly-estabffshff mefeiences,"

EDITORIAL NOTES

It is authcritatvely announced at Ottawa that the public accounts, when tabled in Parliament, will show a reduction of $47,000,000 in 9- N- R- expehaiiures this‘ year, as a result of the economies being carried out by the managclngnt, 1MB Year's C. N. R. budget was $108,000,000. This year it is placed at $61,500,000. The amount saved, notes the Sydney Post, is almost equivalent to the beat operating pro- flt the National Railways showed

“if!” 1° the iflXPByera. them would have been no necessity to

when times were good and business flourishing.

|\vorld. He is English enough to be- llcve that an Englishman's house is

M in mefmsc of expeditions to ‘his castle, that none may enter discover the North and South pol- ,1“‘1'° “111111111 1115 P°Tm1$1°1h 111d as’ there no ma“, who w,“ Mk of ‘It-his has always applied to the Eng- the proposed amen“), to “m. W‘ :1 S1lnilli‘i'S house but also to his boat, ‘Everest next. “Whats the irswono “Tn m0“ 50- W911. as he aces i1- answer is that these aitculpts serve P11131118 11 51119 °°1°llfed 19°81? 9P‘ at least, me purpose of m, out,“ ‘pears speeding along at a fast rate, for the heroic adventurous spiritfiuld w 111-5 5111111459 11° 15 53811811911 and that tiley endanger the Eivcs 0131") 11°11“: w- He 1111115 11119-11 1118 1109-15 only the few who are not only wlll- 15 t“ be “sued by 1119 “Pl-am 01 mg bu,’ eager to {ace me 1.5.,‘ 1,, 'n so called rum chaser. Accepting this respect they compare favorably’ [the 1nefitab1c he 15 V"? 110111190115 with war, wlich drags into it..- llct '10 m9 931113111 511d "5 1'19 115$ 1101111- millions who hardly know what illcy 1111K but *1 dvzen bottles of Pe¢r1=ss1

a curious sense of silrprisc.

are fighting about, causes Wlliilix<lllil slaughter, parrilyzcs illdilsiigi‘ and

appalling gxtcnt. If the war uliik- ers could be mrsuailcil to gfililiy their ambitions by solving moun- tains and exploring i:y 5011s, the world would be greatly lllCiSCd.

Governor Roosevelt's adherents will find some colufort ill the fact that. 817 of his sumlor.cl\ say they voted the Republican tcki-i four years ago, while 256 now fli";l.ll'llig for Hoover voted Drmocrat four years ago.

and choose among tho lilultiiudo of airs and voices, or shut out all from your solitude of thought, tilat they are still there, physically present, individual, distinct, crowding yet not interfering, bcsettng you though you do not perceive them, silent un- till you determine that one or an- other shall catch your car? Go where you will, to the ocean or the wild- erness or tile I\"e. you cannot es- cape that vast company: they come to you, unheard, unseen, from every quarter of the globe with a swiftness no other messengers ap- proach. Is any fairy tale so strange as that reality? In all the wizardry of science surely there is nothing more wonderful than this . . .

Had Gandhi attempted to recon- cile Hindu and Moslcm he would probably be fasting yet. The un- touchables are overawed by the priesm and brahman. However, for the present, the main thing is that two communal factions in Indian politics will, so far as their relative apportionment, of scals is concern-

ed, have settled the maticr for themselves. Sweden is one of the nations

where they do appreciate the tele- phone. Every block or so on the main streets of Stockholm is a tele- phone kiosk from which anyone can talk to whomever llc may desire. The kiosk is equivalent to the pay stat- ion in the drugstore or shop. It is the same in Oslo ill Norwayi. The people have bccn educated to use the telephone and they take to it quickly. It is a popuir" my cf get-

t'ng into communion’. l villi one another. The hand of man :.:iy mt stay

the tempest or quiet i1 - earth trem- ors, but it is as quick in giving re- lief as nature is in repairing mutil- ization or healing wounds. This is the redeemhg feature ol any great disaswr, that it immediately draws the resources oi’ humanity to soften its asperltles, to minister to the suf- fering and to rebuild upon the ruinl.

commerce and arouses ilatrcil i0 an,

Do you ever reflect. when you -pl(‘k ,

;Glngci' Ale on board he kindly of- fers the captain one of these. First '11s risks the captain if he will have in drink. The captain replies he will, and snys it in no uncertain terms, mcailtinle rubbing his hands t0- gctlicr wilh that really ufimistak- able gesture whch denotes satis— faction, that sure sign of anticipa- iion which ulakcs him wipe his hand aciws his nloilth, that twinkle in his eye which says heres to a good shot of Scotch whisky, and ihcn the ludicrous denouement. Flor the Peerless is produced and noth- ing to mix with it. The fallen face, the disappearing twinkle. the evid- rut chagrn, the bottle held between the finger and thumb as though it were a nuisance, the uncnihusiast- ic consumption of its contents, my Lord, it was as good as a play, ex- ccpt that there is no money and who is paying the bills. And we go on a bt further and it happens again and I suppose our poor depressed country must evoniually pay the piper.

We come into Charloitetowifs tcailtlful harbor and we hear a roaring noise and another of these slate colored boats comes a roaring along. She is somewhat larger than the others, and you can hear her hundreds of horsepowers roaring for nlilcs. It is said that she burns up about 30 gallons of gasoline per hour. Reclining on chairs on the after deck are bright hued uniforms, colitililing cigarette smoking people W110 1115810 be millionaires on a iark, in fact that's what they are, cx- i-‘Cllt that they lack the millionaires responsibilities. In fact they have no responsibilities at all and are out for a 800d time. Gas costs 26 wits per gallon. which is 7.80 for thirty gallons per hour, and there's oil and wugcs for the crew, repairs ad lib. the best_of eats, and the millionaires have a good time, and ihcrc's no fflcnéy and were in the midst of a deprcsssion and who llfiyS.

And as we stand off Iracaclle, dear 111011411811 “M81118. We see a fishing boat with one man in it, and as we watch up comes a. warship, no it is the Cruiser No. 4, rum cruiser ex- traordinary, and then another smaller cruiser from some other direction, and then lo and be- hold tho last triumph in Govern- mental extravagance tho aeroplane (no less) hove in sight and the battle is on. Bells ring and the whistles blow, the men rush‘ to their quarters and stand ready to fight and die for their country, the aero- plane swoops, the cruisers rush and the solitary fisherman starts in for the harbor. Bang goes the cannons oi Cruiser No. 4, the shots tearing up the waters surroundng the sci- itary fisherman who ambles along

not say, hi!‘ {from was grout ex- citement. The cruisers crew we're piped to stand at ease for another three months or so, the other small cruiser likewise, the aeroplane takes a swoop or two over our heads and hurries away, her crew thirsty most, likely. the solitary fisherman laushs and goes home to his family, and peace reigns once more in Arcadian ‘Pracadc, And there ’is depression, and no money, and what does