i‘_*_NU...,. _1??_3__., ' _ __ 0 ~ rua oHAaLo'r'ra'rowN ourmnisui » _ 'hash' irrviiic

- l

fc, _ ___ ,_ _ _

_ r _

_ N i 0.' M *W '"7' ' 1; Y' ' * '“* Y-* " Y " "" F; -~- '"' ’ -‘ _ - W' Y _ _

'rs aural." im 4 i . ” circle use thge new Iitiiisigrralhiluirggn gailligy Inside Frosting gives a velvety-even glgw lim:

adds comfort to your work or pleasum .

L°l7'

EDISON MAZDA

A cANAoiAN GENEQAL etecrmc _opoouc-r

V "Sold in Charlottetown » by

_IIOWII’$ ELECTRIG SHUI’

.. _ _ "’YA'="""`\.~.

:_ i.» -

"_,/6*, f

We are now well stocked

with high grade Coal for

winter, namely:

` Old Sydney Screened, '

Inverness,

1_5.-,§ Springhill, " Albion Nut

_ Albion Slove, Albion Round

1’ American Hard Nut,

Welsh Hard stove.

2 Besco Coke

Phone us your require- f..

` ments. Prompt deliver- 6 .-._ ies. Lowest prices. lf,

_:stile

W. D. Gillis

and Company

Phone 176 .

lt., `

Coal “___

‘ii l

Something New in Town

9 C _,

C1-mi

Ever hear- or ri? / Noi Why?

_l hound to be rich in spiritual enjoy-‘

>T®i<

E.-

_ o uar n rea ers or _cents and one coupon. Every hoiric

EDUCATION

Not only must our young be train-

slrould have one. tt _ed in the art of making ,_ living...

‘ A MEE'riNooi= THE North*

they must be trained in the art of

Rival- D,-ivmg (;],,.|,_ Monday e,,e,,_ilife itself. We need well-rounded

ilirg, .larniiiry 23rd, at the homo nf. I*-lI\\`lll'll Mutclfs- All iiitlercuted are irrvltcrl to ultoriil. '

r sm|.LiA'N-r s1'uoEN1' - Mr. Ji

personalities. We must teach the head, the hand, and the heart. ‘\A cchoclbcy may be taught three or four languages and yet never be

lf. Douglas, City, received .word nquickened to germinate an idea of

that his rre.'phe'w, Earl- Douglns,` .’tl0cscjaw. Sack. won first place 'lu the Essay Contest (iii commem- ornliorr ol' (kinaila's Diamond Juli- _li_f=*‘l lllll flll ily lilo llcpiirinrent of l-‘.il\i<~iitiuri for which the uwurila_ lriive just liei-ri r~ei-elvr-4|. '|‘lie prlzrlf ‘is ai Silver .Vli-,iliil. lrisierlption. l86'l~i _ll|2'1» The vorrrplstilioii was open Iwi rum iflly oi' Mnoselrrw und aiiilifirlmrr lilistrhei, MziHlcr~ lrliiri is only l'ii"te=m _years nt' ago. »-

_ ______ _ . avaNo.ui.isr is coriiirvc.-Rev. \Dr. H. N. Maclean of Vancouver, B.; ,C., and Miss Gladys I. MacKinnon [of Baddeck, N. S.. who conducted iseveral successful Evangelistic mls-I Isions on the Island last year, will

_begin a two weeks' carrrpaign at _Dundas on Sunday, January 29th., ‘with Rev. D. McD. Clark, B.»A.. in; _the United Church. The seasan'si itinerary was bcgun__on Septeinbirn _4th, and covered congregations ini _New Brunswick and Nova Scotia.i Tire Mlssioners come to Dundas/dir-i ‘ect from picturesque Baddeck. CB., .where meetings are being held in‘ r Greenwood United Church, of whichf Rev. John MacKinnon, B. D.. Miss, _Mn.cKinnon's father is Mini.ster.‘ iThere is no place where the talent-1 red soloist is listend to with greater"

his own for the rest of his life. True education means, not a pumplns-'lfli of facts. but a drawing-out of inner ability.

ri was Rusiun who sara, “air cou-

cation should be moral first; intel- lectual secondarily." Men may say what they will, but we shall never have a morality that respects thc rights and integrity of others unless our morality has u religious sanction. To put morality on anything but ii religious basis is to build on sand.‘_ It is religion that gives vision i strength, inspiration. and without l.t` we are nothing. ' Russian schools teach that science perrrriis no belief but one founded on materialism. But does science prove that religion is false and only mat- ter is true? It not only doesn't.', it c:in't. Science has separated mat- ter into molecules, atoms, and elec-

trons, but the scientist is no closer to the answer to what is life than before. Beyond a certain point no scientist has ever gone. Even if ev-

erything is traced brick to c. single'

iappreciation than in her own horne‘iCCu_ what mmf; N0 one has “_

ditions, the coming mission is.

ment and blessing. Dr. Maclean al-‘.

town. Given favorable weather con-(Named where that cel, came from

nor the dynamic force that gives it life. When confronted with the

ways secures the attention and in-iquestifmj "What, is ufeq" _the scren.

tercst of _the young people, and nev- er falls to devote part of every ser- vice to them.

. -* 1

DAIRY MEETING IN EMERALD

. -The regular annual meeting of

stockholders and patrons of Emerald

/I ')airying Association was held in the

B.I_S.I-Iall on Wednesday, 18th inst., withafair representation present. ='I‘he President, Mr. L. L. McDonald

tist is as much at sea as the savage.

Even science itself today is becom-

ing less and less materialistic. We are once taught that matter was an lndestructlble something made up of atoms eternal and never to be divid- ed. But we have lived to see the famous atom divided and redivided. We know it is not even matter, brit

ll0DUl=ll‘ ¢0l|¢t lll'¢lJ¢\l`i\Ii0l\ 0" 's0n'S_ business was read by the sec" not lift our eyes above the material

lretary. and on motion was unani

Because it‘s new and the most Q lJl`0Sid9d. The l`*?P0fif Uft he Past seaielectricity. In simple words, we can

the market to day' iirnoiisly adopted. Remarks on dairy- °bje°i'5 ab°“t Us' Wit'h°“t ruaning

,' _ ~ _ _ l_)epartment, was present, and beuef_ The more humanity learn.,

SKINNERS POND SCHOOL

'I`l\<\ semi-nniiuul rexrrrriiiriiiirrirs 1 `

\\'<=il\\cs<lay riiglit, llcv: ills-L. in iii" im-.~ruiri~:» fri' ii lirrlzc nu|nlu~r' oi’ vis- itors mul i~o\s~pay<\i~s-

'l`l\0 llllnils who worn oxnrriiiiclli snug- or Srrrrnr <‘lrrus~.f\ll. lnssociatioh at the rovincra r_v

_ .

in llre vnriniin sirlrjcvts by tlroir to-iviiui' Slim llvrilm lloylc, zrs:~'.i.~i’~ oil hy .\lis.~i .\‘l:rry _\i<~t`u|~, loin-l\~~\‘

ing in general were made by Messrs,

itions for denying in the future

straight into God. We employ elec-

W” “““_t every may in ww" _:. _Nl T. Lalh-bfi. G00- H- Mayne. P- I-~ tricity every day, but when we stop t° amp m ‘md sw these Wm' tcash :md mhers' an M Wh°m ex' to wonder what this electricity really derful toilet preparations pressed their _opinions that condi- __ we drop into dm deepmt _nysterv

H L ".‘,‘rf.or<e<i bright and promising. The Of human thought- If you Stop 1°

- I / 4 cl f D' t ` i t/ed sid oi can not press an elec-

pmcw boar o rrec ors appon con er, y r

l‘-‘/We “S f°110WS5 L~ C- MCDOMW- tr-ic button without touching God

au oisr .ei - =_ ~ _ I D G 9-i`mfs`d°m' W' HMD°‘;§‘i1s “cle png' Orthodox science never remains

}l_r./irouroiou, formerly of the .ligr-icui-

Solo Agent for Dr. Ailonis Q,gr”(;,[§}§,xa¥]I;;pha§u;hguglsgshvl orthodox for very long. But if science

Fox Remedies. _, crctt Hasiam. Mr. W. J. Reid of outlivcs all these changes in belief,

so will religion survive all changes of

_ _______ __ ‘on being ealled_upon, delivered a _ - ._ _

‘ timely discourse on the seed oats fmm Science' me more H' has to

problem, and also on cattle raising

-()l .\' 1'". z ' "' _,VH-_fl [},`;1;_,L:_l_l,(_) "imma I Mun" - - - ~ wonder at the mystery -of life and

ui 0 (\,u,,,,_,,___q,,ug_ ' [in general, which was greatly appre- the nearncss of God. And some of

Skirr|ri_-rs lloirrl S<-lrooi was hvlil .nr _\|,,,|,,.,. _g,,,,,:_ ;~ci.rled hy all present. Messrs. L. C. our ,mive,.Sm_- professors ought to

E 'rho s<rl<ii<-rs ilonu-u -ni1.uo;rrrf».il\lvD0na1d and A. J. Murphy. tho Wake up U, mis f,,,,,_

sn.-ru xiurir-imriorriirif-_ wary efficient manager' of Emerald _ _ llirriliress--~~Soi\g. lfactory. were chosen to represent the I mv” cmldxen' _‘md I want f'h_em

P ' 1 Doi to grow up believing that religion

.\\ the 1-lose of lhis nunlrt (‘la\_‘<irnccting. _ has 0. genuine message for them, as

iur'r_‘S\'ul mul r|is'l.r‘il>1x|ml _gills lo HW; ~~s.-_-~...<+o---~ it has for mg I dglft want them to "`i"m"""' ‘ PERSONALS rlcvelop into atheists and material-

of l’rilirr0|' ilonri North :mil =i‘llll". l'orn|riiirr~-rr|;»r'\' r<~irr'irk1»' worie. - _ _ , . . or lim roii\piryer-ir, :rlrowr-il hy ilu~=\'_,,,,,,|.. hy |\,,1_<,. |,,.,.,,,.,,1 ‘nn um 5,,-_-.l “vs_ (;e,,,.g,, ,\_ q-\,,,,“,,S0,, My rsts. if there is no truth rn relrgron. llllrrript. and m:<~.i|i'ni0 nirswcrs. limi l ' i rr lriiinf lh-‘ilrrr cistfr-, iliac 'I‘owrr~rlrcrr<l, w`~i0 of what earthly use would life be?

they haul he-on izliwliilly lriuglil.

The fullowiirg |ir°ni.'riir\r was ron-

il\'l'f\.ilI

\VuI;‘0llil\-~ R.Cf'ililIi0ll-`

ll0nntii`ul llcll.~i»-Soriiz. Tho |~‘:rr'rner~~ltecillrlion.

_\l.iir~I)iui0gui:.

tntiorr.

thru.

flruiillrrrn-Dinlogno.

In Piece do lllk Solis-Rei-i‘.r-i

tsl “mil

_ V'

New '

I .

The oldest firm of its kind Ill Canada. is firm with its home iii the Mlrltime Prov- Ihwhheaputallltl oxpefI¢ll¢¢ IMI III Its |\l|Il'IhI.0 ¢h0 lull* lax oi » potter .ieiiy rowiier. -

Schvvariz’s

_ rm-im

Jelly Powders

nifferénii

I-‘rom its jewel like flash, to

its fresh fruit flavor, your

good taste will tell you in-

stantly how much your Jelly is better when made with

Solrwartfs Jelly Powders.

Why you can tell the mom- ent you pour on the hot water by the wonderful fragrance!

. Schwariz’s

Peerless .

Jelly Powders

._ _ _ , .lm . “mail sittin. imtreirl. is ll mg _ _ J“`y__0nY__T GL- -----'- ~--~~-'----- ‘ e_ _S and what feeling that we must live nobly in

Delicious !

The old berry patch, Blld

thc riches of tropical orchards

come to you in the concen- trated naturals flavors 0| Schwartz's Jelly Powders.

You’ll lie proud of your jelly. and your_ guests proud of y0\l. when you serve any ol' these flavors:

Strawberry Red Current Raspberry Black Current Pineapple 0110!” S||¢|»ry Logimlaerry Plstaehlo MMU"

` Vanilla

an ior ii by mme: v°v'r¢ I"

in ir godless world made up of a few

‘ed without o religious faith of some

ous coplc. In their best daysf both'

d tl e deities w th elaborate rites

and faithfully learned_thelr sacred

io warm the heart to provide any

_ber of automobiles we manufacture, and we say foo little of the things

' ingiy talk of how to make ri living

' it :;._~f .V 0 . 4! C6`Iii'»rli1`iiha.rdiaI1'i i;Ei_ioio\\i iN' 'O _ I __

' I

\ i l

I .

._ _ .»-. .. _

. . i \ .

'r`I'r?a‘r¥T¥1'l` "

i l . \ ,

-A ~- »..~ - ..- -- |'rn1rrn'. ru rnr`rirrrrh is i~.rn

| \

1 l

|04-.~4.~¢l'i1l \\'0|'i <'l\r1'rul 0 I ‘ L. f » ‘ ~_ _ _ » -_ `_"_’_4""""""""“"“'_ ~-'-“ '"°'-*~-- '-'- ~~------__-~ ._ . _ _

i<.|.ur with so ln,-gh rr irrinrbcy-_ Iirivc been vrsrturu Mr. and Mrs. H me Worm wen, ““de,. me cout,-01 _md mink _O0 “me ___ how me may _ _ _ 'it supplies every being with ths mor- one apprbval. the religious quicken- r\u rrrliln-s.. was ilu-rr r-curl lr! i" U' '|`1l<lll\i»1w1r of this city 101W" of blind forces operating withoutanv ' ' itlr. in-4 rw ~\. lJ0ur-1-ite 'intl Nllmiilris morning.: on it visit to thelrl _ b` bf' lll0St 110015’ 1l\'f‘d» 0f=1il£hf‘ arts-

_. ,_ _ .. . . . _ _ _.

illrylo wus pn--_<r=rileil willr rr gololln-nllrcr, Mr. lflriirlos Tuwiisliorul. direction' if th-me wele no pan e life itself is the finest nrt. and to

.tri :ul<li'csrl--Fr'enclr uihl liirgiisli-_|,i,.,,,, $500) fm", (hp mleimyel-.i, Suint John. » hind the creation/of the world and me Wen we must make an “___ of ___ » ' .' _-_ ' " f- ru _ r ,

i\.0.l .“iH1‘/hi slimo’iiHiiiiii?Li=>iii.hiiIo0“ fri Miss Annie Lou Niticborlrrlil, the U-mn' and ll a tel. 0;? li l; qgglfgxx r_h"" Very fact that so many Df mf'

~ "~""M" nm m * - - - me hem We Wele ‘S ° r'tron's writers do not ro laim their

llisri Spriggirha and Ihr' ('i‘i\s|l-'\"_,i|- |),,. ,,,,¢,50|,'g gruolirrg. six your ulrl daughter nl Mr. zirrrl ct_____m in adreamless Sleep than I U - P C

i .___¢¢->- -~ Airs Frank ltlir<~Dorralil or Cr‘upairf'. ' y _ _ _ _'_' H religious convictions in their works

Tim Shfllimi' 0" Ulf’ mlll‘I’1i“\‘i'l A r\0\'<»l rrrrtc in :i now suit is‘rrrril0r'wc|rt nu operation for appcn- <10 110i' -Sei’ what mspm’ on ln if; all thc more reason why we should

‘ llrilori-fl inoilo of blaizk 'llritis at the Prince l<.ilwaril lslumi would have for any ol ue. bring religion into the childs edu_

'-it-vi' ill ri _ _ _ . . ,_ __ _, _,-,~l\-oiroii and s.rt_i|l. the ¢-ull" _",“d H"-jllllllvl tllii l\10lll_l_llir. =1ll<Lll_____; -Teach aboy that he is rrothing but_£_m_m_ I do not mean dogma; I

“Vi '““‘I" of ‘.°'wt‘ me Hmqnly nie(-mm"<wo’"m;'olliM t P an °m’“a"ed cmd' that he 1-5 llvmffinean thc spirit of reverence. the

tors that stir

sort' The pagans were not irreligb helpful to others and upright in the proper form of -moral and religious '

the ‘Creeks and the Romans wcrcisight of his God' hai missed the nmisensc' _ highly __e__Ki0us people who wo__sh_p_\ est satisfaotions of life. ‘ I believe that these orgies of jazz, -

_ _ _ I thoroughly believe that man has flapperism, and so on. are an ex- ‘

pe 1 lr I been placed here in accordance with pression of a hungry and unsatisfied '

a divine lan,

TWW' in-In H- $553? ‘md_°ufer _;m;Iilm' _D HW a_o;¢ier to conform to the Divine plan.

' 's_ _‘eil (;__lr;spx§]i____e _qs m'b__1Ey all means let us go on learning

tclcdftat 0 I ca l _ 1; e_ §_____.how to make money but let us also Cu1gv_a_i3l` tu w:?__tcat__ oI:___vhl0“`i (___. learn to give out free riches of heart Egfigioxn m I ' g rand mind that no money can buy._

' _ _ _ _ »The man whose education has been I say the soul of this nation will '

\ No muon ever lived and pmspcl iwithout the moral and religious fac-_ die if we do not instil in the minds |-

Wmmgs' i ld elopm t Centur b centur ' e h v l ld th t '

No penple has ever found __ __m____y_o ev p en . Y Y Y.w ii e earne a material things _-

intellectual education enough in ibimen have done this. As if urged by are not enough. Our very excesses self on of me greatest scholars 0,’ some divine spark from within, they are our blind fumblings for some - mS`day iord Bacon wok bribes as have managed £0 l'iS€ SIOWIY. for all thing that will satisfy this restless

B judge,on the benchr and event_______ their stumbles. Wi: of uthlsq days owl; stirring within us. We need to be I ,t, c xy found himself ___ prisoner in the an extra contrlbut on t e r e o _given satisfying outlets for the mys- I 0., , Tower of London Are we not wnd_;man. because of the greater know-,teries and wonders that are in us. A _ _ ' 1»g to »» of ;12;.;“§.¢:.2 rni;‘t::;‘f::.;°..‘°v.;z.‘;;r§t2:2* ‘“‘”"'“”"

‘hil - ' ' `

heart in our education? our C d ' rosperous and richest of countries thing but fineness of conduct. But 146 RIOhmond Street, Charlottetown

ren are taught everything that mayi pi

run a fearful danger Our riches in even this is not enough. “Deep with-

St J h Montreal Halifax

enter the head' but “me or nothing material things are so great that we in himself man wants more than the ' ° "

` _ tend to give ourselves up to the en- approval of his fellow beings, he _

s““sf“°"°“ f°'I"‘° deefe' _feel "gi ioymeut oi strictly material things. wants the approval of his Goa. eau-fi _ _ __ I and em°"i°m tw” sa d ° one ° I er time to cul cation will never be education until 9_5' "**' "_" '_' ': "'*-'-'*""-“_

our earlier l!0€i»S that he &lIOW€d N5' it is m°E,t,lf3_‘?_‘i___a_`___~______ -___'__,______4_______ _“_ __________ __ f:f”':j_:_~;-M-_T;;_i;f_:-_fi f: » _ --

, ,

_ . ‘_ M ' ' _ | New uivrvansrnr nicrion-_ I . NEW ISSUE \ -,

, __ ARY to Guardian readers for 9P_C d ed ‘ G d H keeping _ . _

n “°"i:» "“ °“f` ..._.°"‘° 1 _ ' $7,000,000 T _

l New uNivsasi'r_v oic1'ioN-IH _, 1'” _ Sw., ,,',L,,,,,,.' ~ " 0 `° * G ff f ‘”“°" ““" ’ I Donnacona. Paper Company, Limited - 0

534% First Mortgage Sinking Fund Gold Bonds, Series “A” ‘

Tube dated February lst, l928, maturing February let, 1948. Principal and semi-annual interest (February lst and August lat) payable in Canadian gold coin or its equivalent, at the Bank of Montreal, Montreal, Quebec, Toronto, Halifax, Saint john, Chirlottetovffl, Ottawa, Hamilton, Winnipeg, Calgary. Regina, Vancouver or Victoria; or, at the option oi' the holder, in United States gold coin or Ita equivul t, at theAgency of the Bank of Montreal, New York, or in Sterling at the Bank of Montreal, London. England. at the rate $4.86 EI; £l. Coupon Bonds, denominations $1,000 and $500, with privilege of registration as to principal. Redcemable as ii whole or in part, at the option ofthe Company, on 60 days' notice, on any interest date at e premium of 5% up to and including February lst. i929; at a premium of 5%, less K of 1% for each calendar year or pert of a calendar year of their currency comprised in the period from February let, 1929 to and inc ng February lst, 1947, and thereafter until maturity without premium; in each case with accrued interest. The Company will iiuume United Staten Normal Income Tax up to 2%, and will refund certain State taxes, u deined in the Trust Deed. Truitee: The Royal Trust Company. Montreal. _

\ CAPITALIZAT I ON

To be To be

' Authorized Outstanding

First Mortgage Sinking Fund Gold Bonds, due 1948. . . $12,000,000 $7,000,000* Twenty-year Gold Debentures',due 1948 _ _ _ . _ _ . . .. . . . 6,000,000 4,000,000I'

~ Common Shares (no par value) _ _ _ . . . . . . . . . . .. . . . . _ . 200,000 shares l50,000 shares '

_ - or series "A", sy§%. `

' T of Series "A", 6%.

Descriptive circular, copies of which will be supplied upon request, contains a` Ieiler from .Mr Robert P.

Kernan, V_r'oe-President of the Company, from which he summorr':cs.'

THE COMPANY: Donnacona Paper Company, Limited, is being incorporated under the laws of the Province of Quebec to acquire as a going concern the assets and uirciertalcing of the Company of the same name, which for fourtecrr years has been successfully engaged in the' manufacture ot" newsprint paper at Donnacona, Quebec.

PROPERTIES: Properties which will be owned or controlled by the Company include a newsprint paper mill of 230 tons daily capacity, with necessary groundwood and suiphite plant, situated at the junction of the Jacques Cartier and St. Lawrence rivers, about thirty rrriles west of the City of Quebec; freehold and leasehold timber areas in the Province of Quebecvprincipally on :hc watershed of the Jacques Cartier River--estimated to contain approximately 5,400,000 cords of pulpwood; developed water powers of 11,000 horsepower installed capacity, of which 6,200 horsepower is hydro-electric and 4,800 horsepower is hydraulic; undeveloped water powers having an estimated capacity of 35,000 horsepower; and the towrzsite of Donriciconu, comprising hotel and school house, houses for employees, etc., situated on the Montreal-Quebec main highway. _ VALUE. OF ASSETS: The value of mill properties :mtl water powers, developed _and undeveloped, freehold and leasehold timber lands and other fixed assets owned or cc:'.t.'c!!ed` by the Company is estimated to be approximately $14,000,000.

Net current assets of the Company and ot' its subsidiaries as at November 30th, 1927, after deduction of

current liabilities and after giving effect to this transaction, as certified by Messrs. Sharp, Milne Bt Co., Chartered Accountants, amounted to $l,624,273.46. - _

-The consolidated value of fixed and net current assets combined, adjusted as at'November 30th, 1927,

therefore, amounted to $l5,624,273.46, as against $7,000,000 of Series “A" Bonds now to be issued-equivalent to $2,232 per $1,000 Bond. ‘ ~ E.ARNINCS:‘ E-::.rcd. on the annual earnings of the predecessor company and its subsidiaries, after deducting operating and m:in‘;c;i.;ncc expenses and local taxes, and available for interest, depreciation, etc., for the three years ended Tlcccmbc r 31st, 1926, as certified by Messrs. Sharp. Milne 85 Co., the average annual eamings available for bond interest eml nnted to $1,087,46l.28, equivalent to 2.8 times the annual interest requirement of $385,000 cn Series “A” Bonds :tow to be outstanding. f

Net eumirrgs on the same basis for the eleven months ended November 30th, 1927, are certified by Messrs.

carp, Milne G: Co., as $930,582.15. / A _ Slr\'l~Z ING FUND: The Trust Deed will provide for an annual cumulative sinking fund of 2% for the retirement ol' bonds issued thereunder, commencing February lst, i930. _ GV.`l`(El'{‘El-l'P AND MANAGEMENT: A controlling interest in the Company’s common shares has been r_cqr.l;'cd l:j,' Trice Yrctlzcrs G: Company, Limited, of Quebec, and associates, through substantial cash investment.

_ Price Brothers Bt Company, Limited, is one of the oldest and largest manufacturers of newsprlnt paper in

Canada, and its preferred and common shares, which are listed on the Montreal and London stock exchanges, have cr toia! mar-Ecct value as evidenced by current quotations in excess of $40,000,000.:

Dir-ccfr;r:; of the Company will include the following: john H. Price as President, J. L. Apedaile as Vice-

I`::ricff::i‘, srizl W. G. Mitchell, R, H. Nisbet and A. C. Price, all of whom are officers of Price Brothers _& Company, Lirr_1'.,d; \‘_', C. Fitliclci, Director of Fraser Companies, Limited; Victor E. Mitchell, K.C., D.C.L,, Directofof A`.;itii,’. l`i,'..;~.' Cx Paper Coinpzny, Limited; and Robert P. Kei-nan as Vice-President of the Company.

ffl

Wr-_ o_f]c.' tlrcrc Iiomlsnfor delivery if, as and when issued and received by us, and subject to the

agrprovkrl uf c<1;.‘.-;.';c[ o_f all proceedings 111-- ' _

99% and accrued interest, to yield about 5.55% _

Royal Securities'Corporation, Limited

MONTREAL QUEBEC TORONTO HALIFAX SAINT-JOHN WINNIPEGO VANCOUVER NEW YORK CHARLOTTETOWN OTTAWA HAMILTON CALGARY REGINA VICTORIA ST. JOHN'S, NFLD.

The above statements ure noi guaranteed, bu! are based upon inforrriutinn which we believe to be reliable and on which wg acted in purchasing lhese securities.

trvritc the riches of the mind nndilrc spirit. l

_ _ _..__,..u..e........_ =...._-.._

" ¥l'l'l'l'I"‘¥

_ al training that he needs for the ing that he needs for the other.”

Il' we are to pass the torch of civ- V- f ~ _ --,_ __

illzation along _to our successors, we "Y I '_ ""'

must be doubly sure how we live to- ‘

day: We must study to live nobly in the sight of God and each other. I would define morality as the science cf behaving decently toward each other. Any code of morals would suit me. if it led to that end, just as

any form of religion a man chose would seem good io mc if _it had as its end the putting of that man in harmony with his Maker. I don't

care what particular system is used

F oresight

Great fortunes have been built on FORE- SIGHT.

\l»oth0hlld's buying of British Console alter the Battle of Waterloo-FORESIGHT. Buying of victory Bonds in the law 90's--

irr teaching morals or religion, but FORESWMT' '

investing in Federated Capital Corporation 6% Preferred Si/ook secured by over 155 stocks which represent the backbone of ln- dustrlal North America-FORESIGHT.

him to he kind and and hearts of our children some

You can, from this investment, obtain unus- ual safety, a substantial and dependable In-

to work out his gradu-isoul within us It seems to me that come. and an 0lll>0l1\ll\iI-Y P9-I'“°|Plte In

Full particulars gladly furnished on request.

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the growth and prosperity of North America.

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mind to squeeze his heart. Is that ‘ _ not becoming the condition of us 31-HE GABBS vw By B8.l’l'l8 P8.yl19

alll We are deluged with econo- ‘iw-~‘ - » l' ' ,_

mics, science, business, and we tend .'{f_n' 1 - 1' _ I/_ _ _

to keep reirgious reeling one the love i 0 T:_fg1UNNlNG -uma aooov max who -. H-Nuaosa mo on me Jean- »

E DAYS- ' l _ YES _THAT 5 vial/ 1| ci up_

.of beauty ru the background. we -usrsu ro'm|s- suolnv EVANS "nfsDs»'iiiiz'iaC|iiEL LAST _I 'iii/ioc»‘ioir'iz%NcA'iii`i2i?'Xoi5%c‘i§§5m EESQF »w°iii§riii-RE' f‘<',';E",:{E’,,"D",RL.

have reduced to o science the mek- WAS SOBER LAST FRIDAY FROM RECO\/E W ., i _ _ _

for a tml- ing or or-ood. in the Bihiiooi sense; UWNOWN CAUSES- F\NA~c\'»ii.Doi|i?i=;ic1uii‘ri`i'fs »- I iuiiiiiirig 'iiiigimgri/Niii'é>5iR . ¥r§is5i;§c".""!"r" / ‘-'.50 "Nil

‘ but it is stur true that msn lives ' '- _ “'”‘N@ A WATCH- _

' not by bread alone. ` _ _ ' _ , "

, _` . _ 4 `__f , "

S We everlastingly talked of the \ _ I _ 4 _ __ Q \§`___,

number of pigs we slaughter, the ?\ I _ ‘Mg 1 ,\\ _

Peerless ibushels of wheat we raise, the num- __ _ 4, ' __ _ " " ~ g ` ~. ` __ ___

d A "’ 1'” ~ \‘~\ o f _ _ ` _ '\\ ‘= /_

Jelly Pow ers _ ‘_ / __ _ _ __ _ _,g _ __ \\.

that count after all. We everlast- ~, ' - \ "___ r - 'V L ‘_ ` "iii `\ Co "\

, " J .ff xc _'“" ii ' " _ '_ 'fx ' '\. " _ '

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