um.»srar.\.~<.4.=«u;..c¢.<.a;cu-»n.;-.a- no

...u-ou-uuzmaunnsa-.a.u«-.-..~.-. ..-._,._,_,,__,,___,,,

JULY 22. ‘was

___m «mm-ow. mm...- 8 CTOP d.tl. ° no or Ilium’. through I Makes Recommend _ S . f on I p :11: The Farmers Creditors wmmmm at l;,mj'*'m": ah‘ actow n &lwl1::tbwxlH gnu:

v - ng _ ceaful only when in the majority j . '7‘-' °““ "W ‘um’? “id 1115 G06-;

-2- i.t¢ca.roundseommonbosrddis-

The, Chairman of the Board of Re-

view Tens King,8 County Grand we win) ‘Its’ Terms and Conditions ably Re-

viewed by Hon. Justice Saunders ...., ..,,......., ,. .. .. . ,..,,,,...

Jury the Recommendations made as n...‘.‘§3.‘I.“.§u“..’.l.‘I'« emu. . , creditor, to ..y 1 want my money -nnaunooa may xi. . monthly cm -- In Address to King s County ,';*?_;‘,,_,"‘““;‘*,;°,,,‘,‘,, ’,‘;"““°“ gum;

To the Government Re Needy '‘‘’°‘'‘..-.......»..' and let a rain Gr nd J ..$e.::’:un:“st.${ $2..

. . u I . R 0 I

Farmers Here.- <l3'u7rao°'"-31°21‘ u-mm:-. °'5'"eu-33. -1'3 a my W ‘cm M W "W 5°“?rw 3 h '“ '°'“° '°°“°“" bond 1. beyond the constitutional

1n addrening the Grand Jury in gwrgelbwﬂ’ yesterday Mr. Judge

swuasm mentioned recorn- fully pup, we ﬂue“ mm mm and cherries hlvve been damaged _ 0! the farm and hh capacity to M in e n d s. t i o n in a. d e by the twenty-nvs mares 9; purchased 5); °°'|31¢9|‘|N¥ by ED110498 Wind D7 7533335 CIIDITOBS lily. keevmi 111 mind I‘-hot °r p°°N°' . All-ANO%'.l' ACT - bu?! Rind ‘K declared intention 0! Pﬂrlit I I d ‘wiw

aoardogneviewlnaune w the Government rcneedy burners of this Province. He said:

Wehavo inthe Province of Princeﬂdwilrd Island between

once and four hundred farmers have av. team to work with. The pcﬂod 91 min mg who have come under the provis- more so given to be retained or :°2;p1:u$:;u:h '31:’ 93% '3 the grgqt, ocononﬁg .,, um. u"’°“""° 3‘‘1'”‘' MW. N191: 35 Gm“ N50-"5 my 5° , ions of the Farmers creditors .Iu- tile tanner ior three years, mu‘ my “mu ma ‘cw -“(mum nu. may be ‘ the debt adlust- C mine pruun-res concessions lib‘: by slime: mm“: or demo’ ltlp U ment whiaohinfairnesstoellour 3°” °‘R"1°"W“'*PP' YO|lCAlllIlleoametiual!youwlsh—ifyouremovet1'leln

rdnﬂelhenlt Act. Many of these have no need oats, no seed pota- toes, no fertilizer. Some are without horses, ca.ttle,, sheep, pigs or poultry. Some 0 thwe during the trying years of 1930 to 1934 were obliged to sell their livestock in order to pay the interest on their mortgages, and thus save their homd from mortgage sales.

I-‘ram I. careful survey of the cases, we have only two cast-.s_of farmers without a horse. We have about twentydlve cases of farm- ers having only one horse. We be- lieve that two horses are needed oytbesefarmars lftheyaretcbe successful ye ’ . We think two horses would give them a. reason- able sun-t. We know these form- er‘.s must have seed oats. There is practically no seed cats in the Province. The Provincial Depart- ment of Agriculture is at the pre- sent time importing seed oats into the Province and selling it to the farmers at cost for cash.

We consider those farmers who have appeared before the Official Receiver and Board of Review and not having any money. should be supplied with say thirty-five bushels of cats. enough for ten mates of land. We also think that each farmer who has no seed potatoes should be given sixty bushels of seed pctatbes, enough for three acres of land; also with two and one-quarter tons of fertilizer to spread on the potato land.

We also recommend that each farmer be given two young cows. one female pig and twenty-five hens. We are satisfied that $15,000.- 00 would defray the full expense of carrying our suggestions into cf- (.-.~..

Hopeless 0lh(I.{'__, We know that it is absolutely

useless and hopeieg continuing such farmers on the land unless

would own all the livestock given to the iuimcis unto the same is

me company tor the Government and grvcrl w the farmers whom the undue. Receiver and board of He- view say are entitled to nine. The larrner owning ajuorse himself would

then to be returned to the Comp- any or purchased by the farmer. the more to be bred this year so that the colt would be two years old when the mother is returned or purchased. The farmer at least, would still have a team of horses.

If two cattle were given in the same way one cow could be re- turned in two ymrs, the other in

farmer an opportunity of gettinl started in the cattle business. one female pig to be retained. or purchased in July, 1987. This would enable the farmer to get into the hog business; the same is true regarding sheep.

We suggest further that the farmer must in the first instance in the fall of 1936, thrash out fifty bushels of cats and give the some to the Company for the thirty- five bushels loaned. We consider the value of thirty-five bushels this spring equal to fifty in the fell. should a profit result from a sale of the fifty bushels, that could be returned to the farmer‘.

safeguarding the Government

As stated, the Official Receiver

and Board of Rcview could make every necessary provision under each proposal to safeluard this Government. If the farmer failed insnywaytocarryouttlretsrrrls and conditions of the proposal, than the live stock could be repossessaed and the farmer would lose the benefit of all assistance. This Province is divided into sixty-seven lots and each lot. into sub-divisions. There are Pro- vincial Road superintendents in Git‘??? district of the Province.These men could keep a watchful eye on every farmer in his district re- ceiving these benefits under the Act, and could make 5 report from time to time as to how the farm- er was progressing.

Our Provincial Department of

(By D. llsrold Oliver. Auoelatsd Press sun Writer)

(A. P. By Guardian’: peclsl Wire) ABOARD BGKOONER. LIBERTY OFT‘ CAPE NEED ISLAND, N, 5., July 20—Presidcnt Roosevelt sailed his vacation schooner Ee- -"""-° 15 miles southwest Shelburne Harbor, N. 5.. to this little North Atlantic island late to- day and anchored for the night. Delayed this morning by a heavy fog that barred the door to the Atlantic from the pine-bordered Bhslburns Harbor, where he had remained since Saturday night, the President ordered another start in mid-afternoon when fog moved farther out to see.

He now will work his way back around the southern tip of the province and head northwestward

In the us:-itims Provinces. weath- H conditions have been favorable with ample rainfall and warm weather following s. cool period in late-Juno and early July. Nova

lowered the earlier estimates.

New Brunswick will have few slpplm as the bloom was light in commercial orchards and few fruits hsvg set.

Orop conditions in Prince Edlwam

Island were described as satisfact- ory although cherries and plums will be light in some sections. Pot- atoes and turnips have been making three years. This would give the good growth. Although the Nova Bcotia apple crop has been hit in SDI-11¢ orchards. the report said it was expected to enoeed last year's by as per cent. Cherries, plums and pear; were re- ports dslightly below average. The commercial wpplc crop in New Brunswick was expected to he the lightest in years with all var- ieties below average.

President Held Up By For

Inihceourledlﬁ eddsesstc thoars.ndJurystGeorgetownyes- ‘WEN. Eon. Ml‘. Justice Eaunders

E E

reclaimed is vary for reach- ing. rt represents the effort Par-

5 E S E s

citiscns. debtors and creditors. win establish a more certain founde- tiononwhichtolvuildand plan

tor will benefit by such adjustment.

Is.msum.aftcrI.year‘sopera- tlon of the Act, that there are many instances indicating the out- standing value or this lsguisuon. especially to farmers whose homes havebeenpruerved asaresultof the Act and through the removal or casement of unbearable burdens of dust. This has been accomplish- ed for thcmmot at the expense of the creditors but as a result of a happy and satisfactory adjustment made under the provhions of the Act.

‘There are very many cases too where the creditors are highly dc- lighted with settlements made be- cause they have at least received partial payment of eoealmre which they N89-rd as worthless.

Compromise:

It is now an admitted feet by all those who understand the meaning and application of this legislation that substantial beneﬁts accrue to ddbtor or creditors from very many satimaotcry compromises.

I know there are those who can- very unfair and unJustons.lflnd snumlbaof complaints by those whose secur- ities or claims are advenely af- fected by the operation of the Act. Perhaps this is only natural. But when the Oﬂictel Rioeiver or Board of Review. View each case in an imlpdrtidl manner, and invariably my to do the ,. teat. good to the greatest nlunber, I am con- vinced no better plan wuid be de- visedtoalleviatethcllls of the depression and inspire conﬁdence.

realiacinetttheyioomuetbefair and reasonable and be prepared to meet Proposal: from the farmer on

hunt is to keep the farmer on the land under conditions calculated to 31100“-Pails him as In efficient. pro-

°3 b°‘-h 311196. but human nature being what it is. and the anxiety Ofsllofustogetall we can,.somo farmers and some creditors might 1-‘P80 impossible requests in their Proposals and counter proposals. This should be avoided as much as possible.

The Oﬂiclal Receiver is the con- cmator. He has no power to dictate to creditors or to the farmer; he uses his good omces, he exerts his Pbwers of lneenuity and persuasion in an effort to get the parties to- Nther. If he succeeds, then his success is incorporated by 3 1-950- lution in the mlnutw of the meet- ing. which are approved by the Court. and this approval means that v.-'/.- xatrrner. under his. new contracts, proceeds to carry on without supervision from the of- ficial Receiver, unless and until he is in default. for reasons within his control, when he may be petition- ed against. That is to say. the farmer has restored to him his in- dividual freedom in the matter of dealing with his fellows and with a measure of hope that he had not had bafoma and is in a position to proceed with his work on the land with confidence.

There is that type of case where the indeotednem is so great, and the. assets so small. that there is no way of giving the former a fresh start except by having him go tluoush bankruptcy. V Parliament has provided a simple and inexpen- sive summa.ry method of dealing with cases of this sort. The farmer can go to the Ofliciai Receiver who can take his assignment and deal with it as I have said by a sum- mary method. But. let me say, in my opinion. if this Act is unable to Rive the necessary relief or make B11 ardlushnent. I see little hope for the creditor under these bankruptcy I1I!‘°085d-Inga. It does. however. en-

not only in the farmer. but the creditor as well. than the provisions of this Act. As the bencnts- aris- ing therefrom become apparent, we

able the farmer to get a fresh start.

right of Parliament. We must al- ways bear in mind that Parliament or the state is always acting in the best interest at the vest maiorlty

But if unfortunately the debtor and creditors are unsbl. to see eye to eye in the discussion of their difficulties befale the Omoisl RA’.-

cstion to the Oilicinl Receiver with- lnlodaysiromuticdnte odthe Omcial R.oceiver‘s meeting. This application shall be actpmpanied by a request in writing addressed to the Board of Review that it on- deavour to formulate an acceptable proposal, which request shall be

fhorougllb, with Luz Toilet

' ‘ the dangerous pa-e choking that causes Cosmetic Skin. Use it before you put on nah make-up--ALWAYS before you go to bed! You'll find it keeps skin lovely!

Soap! It: ACTIVE lather guards

transmitted by the official Receiver to the Resisttar along with the record and the record shall include

of Review -by the Omclai Receiver.

me that it is doing a work of in- estimsble value both to farmer and creditor. I have endeavoured with the assistance of my colleag- ues w make the Borad of Review "a get together" organization where

place of dicia:Wr'sl'l.ip

mui/ual pl

willing to help solve their dli‘lloult- which the farmer knows in many

advantage to himself as well as for the benefit of his creditor.

No one is more anxious to en- courage thrift than myself. But when interest rates upon savings are excessive and afford sumptu- ous and luxurious living to its pos- scssors and hardship and distress to the borrower, it becomes in my opinion one of the greatest evils in our present day social conditions;

reasonably adjusted the better for tcrest rates in our Canadian banks

has been received with favour by the vast majority or our people.

Fnllh Stimulated

Vvhy then should we hesitate to lower the interest rates on mort- our

pcml and thus merit the consider-

ti tended to S1} thereb 3 °°“ﬁd9““31 “W” W “*5 3”!“ Siege exalbsolute satTsfi‘:4x:1i‘.‘i1on and contentment to creditors and deb- MY 1°“ "*°““‘5 ‘-‘’‘W‘““°° 1“ tor alike. and thus fulfill the pur- deallng with the AC1. hhs convinced poses and objecu for which this Act was designed and created.

and the sooner these rate can be’ Vim, 1.,”

20.000 Propouls submitted ‘

Tint the work is exceedingly im- 4; is readily demonstrated

reason and common sen: til: ti‘: by me 1.,“ that men an now up.

oxima , roposa lb- deﬂnltc assertion of ones inallsble $1,“ 3’, ‘ms pm,,,,el;un’g . Yighldr We 111981 8-‘ it W311! around total d*t 0! these m a common table and then; discuss the negglmmn-hood M in a. sane dlspasslonaie manner the of these use, 113“ haw been 39;. 1°31‘ Ind 5’ W‘ ‘"3 tied, nearly 1o.ooo by voluntary “W9 °xP°ﬂ°“°9d “*9 9'39‘ 53m‘ consent of the farmer and his 1'8»¢l‘rl°n 01' Nww-‘*6 H133 3-11° 1'3-V‘ creditors. 1:: addition, there were me-r and tbs xnerchant or creditor‘ 41333 case, sewed by omcm M. “M 3 5°34“ °“1Y ‘°° “my ‘ud oeivers outside the purview of the les. Good advice is given, _sdvioe ,‘2,°‘,°°¢’;;‘,m§,'1g”}‘3‘;,tn,S"‘,,‘§‘,,‘p°§:’fZf‘ A

$125,000,000.

With respect to the 11,951 cases

instances he can follow with great settled under the pmwslon 01 “,3 Act, these cases represent a. farm debt of azpproxirnaiely in connection with which reduc- tions have been effected in the sum of nearly sﬂ.000.000, with an actual benefit to the farmers con- cerned in saving ad interest in the sum of $1,800,000 yearly. Is this record of achievement not worth while?

$74,000,000

The Board Review of this Pro-

llshed three or four

rul of ti hlch it iaibl all concerned. The lowering of in- b113,‘: pmc (,6 w hm" y

We never make any out in prin-

cipal money due on In

To do so would so once destroy the conﬁdence ad the investing public. The only exception we

maketothlsruletsln thecaseof a mortsaeee being a consenting party; or the value of the prop- erty mortgaged is les than the sum recurred by the mortgage, or mortgage is taken to secure a store account. lmobracing and including I large profit. We do, however, out down arrears of interest which the mortgagee has allow- ed to accumulate on his mort- gage. Notwithstanding the fact that the arrests of interest are as much secured as the principal. There are many reasons why we think this should be done. We feel that when s. farmer is pey- ing'1percentand8per cent interest which is very often com- pounded, that this is unreason- able. We think, too, that the is as much to blsrne in permitting arrears to accumu- late as the mortgagor. We invariably out the rat. or in- terestonallmortgcgestodpee cent

To summarize:

1. We never out principal due in respect to mortgage secured.

2.Wedomia.keacutinaneasI of interest on mortgages.

3. We invariably reduce the rate of interest to 5 per cent.

EN—(CP) — G000

clipped more than 40 seconds on the world record for the women’: 16.000-metre crawl by plowing the distance in 22 minutes 36.7 seconds atameethere. Preseutrecordh 3 minutes 17.2 seconds, held by Helene Madison. American star.

the liner-fl’: for Dandruff

Frederikaen, Danish girl srwimmdr,

narturally nod fewer complaints. I am hopeful that within a year or two even thos. who still murmur and complain will be convinced of

I “We m°l'° 151* Wdﬂy thin I gages and other securities? ever had that the citizens of this gamm have been paymg 7 pg,- Pl0VlIl£e, debtor End cl‘€d.lt0l‘ ﬂllke, cent, and 3 peg cent, on mm-tgggg We not only Wﬂllns but are really with the result that many are de-

up the Bay of Fundy for Campo- beilo Island, N. 3.. his July as des- tination. He pxpbebly will make Yarmouth, N. 8., tomorrow if the

Agricultsuc aaures us they will render every existence possible. The details of the scheme can

they are given a chance to make good. Today these farmers are struggling to keep body and soul

alive. Many have several children who are too young to work and yet must be supported and maintained. Nearly all these farmers are mort- gaged and have many outstanding store accounts for groceries and the necsmalrics of life. As they find difficulty in irking out a livelihood they certainly cannot be expected to pay inwrest on mortaeseﬁ 0“ their store accounts. We are sure the great majority of these farm- ers if given a. . able opP0l|" tunity will make good. We consider them deserving of consideration and assistance.

We think under the plan we are about to submit that all our sug- gestlons can easily be carried out with little or no risk to the Federal Government if they desire to come to the rescue. There are not more than fifteen farmers without one cow and not more than fifty Y9-Tm‘ ers without two cows. The same 15 true in regard to hogs. We think about seventy-five farmers have

easily and satisfactorily be worked out. Anything that is to be done must be done at once as the planting season is advancing. The following is a summary of the probable cast and it is positive- ly a conseirvlirlve utimate:—-

Not more than one h ‘ ‘ farmers require seed oats:—

Eeed Oats:

aebushslcfseedoetso ‘Mo Pa-rbushel—_.——.soi.so ico farmers ——— — 82,460.00

Potatoes

No cash advanced-«imply I guarantee against loss given to fertiliser company:

20 bushel to the acre 0 we

per bushel — — — — $12.00

80 bushel for 3 acres — 30.00 loo farmers —- —- —- -03,000.00

Fertiliser:

weather is good. Getting under s

in shortly after 10 o'clock, the white hulled sewera- na skimmed down sheiburns har- bor under sunny skies. But as it reached the ocean about noon a thick curtain of fog dropped over thc passage, causing to order a quick turn-about.

The fishing for tuna, pollock and cod he had planned for the day thus was deferred until the second week of the vacation cruise begin- ning tomorrow.

The President loafed in his cabin for several hours until the second start of the day was made.

Just before moving out under engine power, the sewanna oeivcd a White House mail pouch by two navy secpisnes from Bar Harbor, Ms. Speed boats back and forth between the wanna and the escorting U. S. 5. Potomac and destroyer Hopkins while they lay at anchor in Shel-

izhc beneiicenoe of the Act. we are invariably dealing with cases whens money has been loaned to farm- ers, or credit extended to them by merchant. and others, in perfectly Good faith. and the funds in con- tioh with which we are asked to make adjustments, frequently represent the life time savings of the lender. or the goods of the hard stznngllng rmmhant. We have, in many ‘ , widows and others who have very little on which toetlstbeyvnd thesmallin- vestanenis they have made to the farmers. For these reasons the most serious consideration must lawsys be given in making reasonable and equitable settlements and adjust- ments, slvwayg remembering the real object. of the Act, namely. to keep the farmer on the land as a pro- ducer and in the hope that there- byhswi1lbeableiomeethisob- ligetians more effectively. The farmer wants to pay but cannot. Th. cﬂditclr wants his

mnxicug to help the other fellow who is in distress.

How do I find conditions in the Province? I regret to say in the roost slamming and appalling con- dition imaginable. Mortgages are met due for several years, interest in arrears for years, account; for goods and services are tar too large and are long past due.

I should say the merchants of our Province, especially the larger ones, should adopt the same sys. tem at credit. as the banks and the large stones in the cities of the central Provinces of Canada. They should demand and receive from every pa-son seeking credit 3. tin- anclel statement. of his affairs, and the merchant should then take time to verily the statement before extending credit.

,It can readily be seen that the m.e.nie.l attitude oi’ the people of our Province as a result of these fin- ancial difficulties is anything but complacent. Knowing these things to be true, I submit to you there

tried the ordinary necessities of life, while the majority of those who are in receipt of this easy money are living in affluence. Is it any won- der we have so much unrest and discontent? All bond issues bear reasonable interest rates seldom exceeding 4 per cent. We look on any bond bearing A higher rate with a good deal of suspicion. Why then should our farmers be called on to pay unreasonable raves?

Comm; Together Amlcably

I am happy to report that in nearly all our cases it is the debtor and creditor who have. after a full and frank discussion of their dim- oultiu, arrived at a final proposal. This proposal is then conﬁrmed by the Board of Review and the same becomes binding upon all creditors

Georgetown-Charlottetown Bus $t.1io_o

STARTING MONDAY, APRIL 27th, or as soon after as possible.

3.35 3.50 All. 8.5dA.M. St.'l‘her-cue’: 9.00 All. Penkes 9.10 AM. Plaquld 9.20 AM.

For! Ansu-ten 9.30 AM. Webster’: Corner . 9.40 AM. Johnston‘: River .. 9.50 A.I!.

Arrive Charlottetown .. . 10.10 A.M._

Headquarters at Charlottetown

nﬁllllllsrteu at Georgetown V’

Parceh carried at minimum dune

ALLISON IIEIISTIS

8.15 A.M.Lsavs C‘ loiofaown 4.00 I AM.

Johnston’: Blvar .. 4.20 1' Wdsster-‘s Corner .. 4.30 Plil. Fan Augustus 4.40

BUICK 'l PASSENGER CAB J. Solomon

ofilc.

Charlottetown P. 3. Island

and the ddbtor, and is in-ansrnitted to the Omcial Receiver to be ﬂied by him in the court.

In times like the present we hear stressed on the one hand the

Blur.-' Bus Line Schedule

bums Harbor, The three Roosevelt sons boarded the Potomac for is brief stay Just before a sailor fan

too few hens. The plan we submit m°3°§- bl“ °'““"°*- °°119°"v °ﬂ “'0

for your corisfde -tian is thls:— basis or the existing debt There is was only one thing to do by the right, 0: me apps-33,95, dgbtm mg

no place under this Act for the dls- Government of the country and on the other hand the rights or the

5 YEARS SERVING THE PUBLIC

21-4 ions fertiliser to the lore rm s24.00perfon—l52.00

‘$- -.

-11, mm for 3 sci-es————-$156.00 W0 ‘M W11“! WW0 Nmbblﬁl 111° “ ‘ farmers or the farmer whose that was to pass legislation to meat m-mm-_ Mug}, 3. hem‘ LEAVE ° loo fa:-mm -- — — —c15.ooo.oo lmyﬂgrluell #01:! I 811111 but He intention is to defeat his creditors. such a situation. That Act for- ma by the debtor um, be is being M ‘‘'‘‘,‘,'}‘,i, u 1” ,.._M_ vnuws Reastaurnnt at 4.00 PM. rm: seed potewes-and fertilizer-— "“ °“' 7"’ “"‘,“l1“,"“““°“ “;d"*‘° "°"' ”" ‘WW1? ff“ P““°dv me We 1 3'" unduly oppressed by his crediim. G,."n"'wm,,,,, _. .,_,., M, Pownal at 4.25 RM. The” cm 1,, mwned by ,,,,.m.1 25 horses 0? 5130.00 each s,zo.oo Mon_r.GAGE "chums tomato 0 concern . now dgla r with and the Act and by the creditor that he is M. E Nam, _,_ “,5 “.1. Cherry Valley (‘or. at 4.35 ram. 19,-um," mm‘ 1,, gm, pn-wince. who 80 COWS 0 30.00 “ch 3100.00 ‘SCENE PAYMENT H u worn W11-W1 Bbhlilptee Y0“ 2:11: 1‘|°V‘:_l|;°851'd hindered in the collecting of his Stun,“ 3,14“ “ 330 AM, Vernon River at 4.45 P. M.

Wm M, 5 cm, mm“, mm ma 160 hogs 0 1:?) each soo.oo 0- as :31: mate a nines n Arts; debts. We all recognize the rights Montague at 8.50 AM. llvilosenenth (‘on at K “'"‘°" W” °“'‘'’““' ‘M mm W I60 mm c oso an mm (“mm PM’) on s vmpoeal being filed the ogmednin rs.-cent. :3 t c of mm remcma mm“ ‘M W ‘'°''''’'‘ '“'°’ “ "3" ‘M’ slwuqmmurirla .- at an owl. W“ ‘“‘“°‘°“" °’ '3” ""°“" °'°" 150° hm ' °“ mm 'mRON'IO. July 30—Di°h“"°' property of the debtor shall be P M ' osztthocrnmomu we ni1:ekeinInthehohl:st' ldnmnnirhlimdl at 3'2: M- H- Nxhrth -5‘ 6:15 P3“- °’ 9°“''°°° ‘"5 *3“ ‘° 9“ °“ "‘° gumom ment 16 baths made by - deemed to be under the authority Inesiunablc Advantage that we may sausty to a seasonal: .-.$.'.'.’. at. q 0" 9:50 s.M.' Glen William at 8-35 I'M- NJ5 AM. Murray River at 6.45 PM

degree both parties. The state or Charlottetown at

Govcmrne-nt expects that within Bile will top sign-I cumm- reason the rights or the debtor shall I: s'°}'0m,s.m“

‘sum due under the mortgage. No !ertlliIsr firm today will do this unless they are guaranteed against

General Trunts Corp. of purchase of the cam, pen.-nu. we mm; 41,- mom!’ D814 W0 °°“l"" W1’ 33"‘ position of any proceedings in con- The mere fact that of Osnsdisn Rail and Harbor 'l\sr- necuon mm “,9 pg-090551 mg mg bum I I-e.sfran8gu]e:nL

Aapestﬁonlthe fertiliser and

potatoes. the cost is lam than 018,- ‘hi-N he-5

in terms

loss. Two years can marry fertiliser firms im heavily by so doing, ow- ing to the fact that potatoes sold for only six cent per bushel. How- ever. that was an exceptional year.

000.00

In short. we believe should the Government do as suggested it would result in incalculabls benefit to those deserving farmers and in the end the Government would not lose at most 81000.00.

minsls,

that mortgage bondholders may obtain payment of 62 cents on the dollar for their bonds,

Court may make such order as it deems necessary for the preserva- tion of such property.

The Act and the rules and reg- ulations governing it are simple and concise and are available for All those interested by applying for than to the De-pertmcnt at of.-

capabie of fulfillment of obliga- irfone would be in itself of :nestim- able advantage to debtor and cred- itor alike. but min I submit to you that much more important even than the actual accomplish- ment or re-.... ems u. would be the changed mental attitude both

be obtained, and as well within reason that his obligation shall be observed, The Government or state is primarily conoemed with the happiness and contentment of its people and this can only obtain when the living conditions of its people are satisfactory and con-

L AAAA . V V

1.-E1715-7-17-urv

K. S. HEMMING,

B.A., 0.P.A.,0.E.I._

“°'°°'""“ “H” town. of to. farmer and creditor. the N- ‘ Thﬂ oﬂlciel ROKQWQI‘ is the 111311 sioration 0! understanding, with very geriougly gﬂectﬁ the ﬁnan.

who hes a most important duty to the renewal of conﬂuence and fol- cm sanding of ﬂgg “mm. mm

genial. Commodity prices have

crtifiad Public Accountant

(OP)—ff a man .,¢ nu. mm M ,_h in use Nerang district had no way um ,,,,"‘°',w",,,m,"‘ "E. ,,,,,, N3

........“°°°"~ 3 -°"-°.......-..*:'.°'*'*°"' M mm »«-«,o,-, ,,,m- .......... .. .. ..... ........ -... ........- 1‘ '-..°-w*-.*...“**.‘..*.:° no “‘f.“é°“....’ ‘r W“ W "- w M v M W "°" ‘“° II A an NIH! in IN“ - on - riousl ff ted d th tim has °° 5” W‘ "'1 “'0 “W3: 1"‘! m.a'o"3...’¢'°m”'f.l3."§§'§°uu es‘: §‘°,°"" :dh'3:."“°“"“"'° ‘’‘’‘1‘‘‘ meat in the performance of his 1!, however, the oinoisi Receiver 3..., colnnipromlse o: u-- an , u produce, etc. They to act as agent! racecourse. Health authoritiu vc- '!_“""m ‘"1 *'° W‘ W‘ duty. no really is the intermediary fails in his attempt at conciliation “wash. goth Wm be put in ., forces nan-u Government. They com 1;, 1'“. trains W and cos “mm gamers who we mono! the minor or any of his creditors position where their mutual rights B kk m d "r “Vina M or v» «-1- when w m- E $."..7’?°...‘€’.J"?..‘3"‘..:'i.“."‘.i.“..i..“.‘: .;':‘.’.'..‘?;‘;“°..'.‘. "3.‘.?..‘..."I.'. ..;.i'.‘.?.“.3’ 2.?’ iii. °.‘.""§.‘3I'.?.';“‘...E”...".° ..'°°.;°.‘.‘.*‘.‘.’.'.°.‘t ‘’° ’°’ ' '""°"". """‘" M of -MI 9! out scum! now his was or an pmgm. mm ‘ Profit and Loss Accounts Computed.

is a Board of for. It is based on the assumptio B 011131 00m- or belief that the people of our MI’. I Judge of the Supreme Country, whether they owe or are forms sent out to the Dcvlrimenh Own. Ind two other oommissiom owed, realize full well um it means couteineeolcplete list of era. one reps-csentixu the creditors um, names on the part or . The everyone before we can hope for his! Oommissicner acts in reality nonnglcy, The farmer under the Act B ts. This Board give! 11111 given a new lease of life. He is in- cmsiderstion to ill the details of spired with conﬁdence ‘mi 1 gm sum in at least the majority of those cases will resolve to carry out the tcrmsoftheproposal. Ieruhope- tn. nimhb 1 “Me lal‘l°fc0ei'idmyslino£l'O‘VkhBi-h.lG 0,. Q" on” Q . arm a DYODOBI farmer reeilinc be [anemia me 3,. . 3",, ‘Q odpﬂd by than: W@ﬂ'l bed!‘ Vhhh will be binding on both deb- oonsldeg-anon of hi. gggguon ‘m M It and reasonable but for and creditors. not fail them, but will demonstrate You can see therefore that the his IDl>l'eohtion‘by s. faithful pu. lhlil-lines-H-Ia-an-m-ntlawnwusonn gumm-

¥4- 3:

Trustee under, the Bankruptcy Act

Company By-Laws. Minutes. Annual Statements and Reports Prepared. -

Administration of Estates a Specialty. ‘MONEY’ T0 LOAN.

Bank of Nova Seotls Building Charlottetown. P.E.I.

Your Vacation

Hove the coy Ticket Agmcy plan your sinner vacation. Information In regard to 'rItet,0II.wiIlbeg|vsaItaIytirne.

_ ; » I, ‘ 1=uor«s‘uo

‘ W.‘ K. V’ ROGERS

‘ ’,_ Phone no

2 a E Er l E

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