PAGE FOUR __ ml: catatonia-Town NOTES BY TIIE WAY {Wesidenh-fl’. Chester l. illeLau, IL léerrttary-Lleuh-Cel. lildifor and lllulglng a .4 GUARDIAN D. A. IleKinlelI. D. l. 0. Direct w‘! ll. Burnett. AIIIWIIIIQ Editors-Frank Walker and l). K. Currie llornlng Dally (founded i887) 06.00 Ill yenr (In advance) delivered. 84.00 per year (in minutes) mailed in Canada and United States. WEDNESDAY, JUNE l, 1932 The t” ‘ of the Socialists and Communists are alike disas- trous. They are fatal to private initiative from which has develop- ed some of the greatest human ac- tions. As a means to check those who hold these perverse doctrines RAILWAY ENTERPRISE he was assizned- OHM"! returning to hts own domestic affairs . in Chicago he tendered his resig- nation recently, but Mk. Hoover “commandeered” his iervlces Is the Reconstruction to One ‘ls inclined to come to theI conclusion that the modem de velopment of the auto industry has meant the supersessiorz oi railways, but this is not the op’nion of the‘ more enlightened, enterprising in- dustrialists and engineers who are in the fore-front of the world's progress. ‘lane cabicgram from 1on- don yesterday, giv-hg the remark- able speed rewrd of a great West- ern Railway train between London’ President of ‘Finance corporation in order lhave it successively floated. Mr he would be at liberty to resign as ‘soon as the financial position of the ‘United States warranted it. The bud- get oi $1,ll8,500.000 recently passed 0f iDawes consented on oonditio that Over a distance of 77 1-4 miles from Swindon to London this train aver- aged the speed of 81.6 miles an hour. at some parts reaching as high as 92 miles an hour. This speed, when contrasted with the average 35 miles an hour of the ordinary automobile on the road, and Cheltenham, is a case in point.‘ i and ‘anced, ‘and Mr. Dawes thinlu that |now he is entitled to return to his iprfvate affairs. It is a matter of ' great satisfaction that public spirit- yed men like Mr. Dawes have resch- 'ed the conclusion that the financial at Washington and signed by the President indicates that the revenue services for a year. The world expenditure of the United “Pside d°""“- States for the next year will be bal- we“ be made m recover the ha‘; 0 return to barbarism following the we should seek to establish great- er justice and good sense in the division of stipends and indemni- ties. We live on a continent where so many people do not know, or if they know they do not respect, the limits of strict propriety. In the United States, a country whose ha- bits, unfortunately. Canada is too apt to copy, we hear of baseball players receiving salaries two or moving pictures times more per day ance which was lost to a sort Great War. The promise is for n harvest of 500,000,000 bushels this season and what is equally important, our ex- portable surplus will probably be sold at improved prices, partly be- cause of the marked diminution in the world's exportabie wheat sur- plus. and partly because oi the preference in the British market which is likely to result from the forthcoming Imperial Economic Conference at Ottawa. Some public speakers and news- papers are still prescribing compul- sory voting and other devices as cures for dcmocracys ills. No such remedies will avail; and. anyway, like prohibition, they savor too much of force. There is only one way to improve the working of de- mocracy. Thnt way lies in the im- provement of human nature-in the enlightenment oi individual human beings. Mcn of goodwill can make even bad systems of go- vernment work eifectively, while bad people bcdevil the best sys- tems oi government. So long as we have greedy politicians who loot the nation's assets, like the St. Lawrence River, for their own ad- vantage and for the advantage of their own party; so long as we have politicians who will use the Public-owned rnilww" election purposes; so long ‘m, public administration of Lry suf- fer. rm. The Germans claim to he unable to pay their war debts and repara- tions but a news item coming ovcr the wires tells that 100,000 of them witnessed an automobile race lust Sunday. From this we might infer that the depression there is acting very much as it. is with ourselves. We are all having a good time any- way. The Lausanne Conference pre cedes the Imperial Conference at Ottawa. If itshould fail to produce results, that will not by any means argue that the Imperial Confer- ence is doomed. For surely mem- bers of the British Empire are in a far better position to reach trade accords for mutual advantage than any other nations. If the British Empire countries cannot do it, then indeed it may be argued that the "unireezing" of world trade is beyond practical possibility. But that proof is not likely to be forth- coming at Ottawa. The ‘Gems 51mm‘ imrPd b1?‘ T0 “t” [stringency and stra‘n are practically 2m 11:1,‘; SlXIEIYiIISBaTHCIYC tllilc enggrggs, car; M an and’ and that they are at - , K1 l".- ‘ g “ ‘my s m“ liberty to retire from public life. In M035‘ all necessarily be in the most per- wnrer feet condition-as they usually are M, address at Syracuse on Monday the R Premier Bennett stressed the chain 11H England. It is not only in their“ ndshi d 1 t t, I b Lh- man direction of specd. however, that e p an “emu Om w erhood existing between Canada Bervit efforts are being made to improve aubje‘ ‘ _ and the United States, and indicat- E B. “uw” “mung “d "M" “we that mu ha y stat r ffi . o fMini-i cnabllti; t; mo? ma“ hold itsilwas not merely Thence but the fir: :10“ mm e auo industry, It is; It f . - d: 1 . ihelpt not very long ago since the Cam‘- tsiu 4; pre me tat on and cultiva chi-is m,“ pumc Railway bum and put on. t is due to such men as m. "m" Into action the largest and most Dawes and Mn Bennett m“ this tern“ powerful locomotive in the world, happy state o‘ attain exist“ and It‘ from namely the new “8 000" type which m ‘ortunate that Mn Dawes’ suc- dom y“ 10° feet m length and weighs cessor in London, Mr. Henry L. w“, ‘mo mm. n m med m heavy might Stimson. enjoys a similar repute. quot ‘nd paxen er “W1C m t, tion for broad-mindedness and A‘ , g ° h’ °"'“‘*‘ international Public mint, w. dian Rockies, where it affords a on ’ saving o: one-third in fuel costs, m O d m‘, m" Y“ '- "W "Wt/em of Mr wn- COLLEGE CONTRACT V» Bro ditioning and cooling for passenger ———- w: t finch” h“ been announced by m ‘The tender of the Stewart Con- lam ML K Gander‘ chairman or the struction Company, of Sherbrooke, l me cud“, Engineer‘ Corporation’ and for reconstruction of the Prince of spir “L” President of the American Wales College has been accepted by :3 Society of Heating and Ventilating u" P'°"1“°i"'1 °°"°’““‘°“‘ “d - tlon work in connection with ing 331811186111. ‘rho new system employs excava hem steam mm the mg,” u the "_ the new building will be started in side, angel‘ a ma,“ and water ls the the course of the next few days. dm m], wtngenung medium thus The tender of the Sherbrooke com- ‘ ed 1 "min-gins “Sea,” nlflgeranm Dally was for $249,814, the lowest of n’ l m mm“ Guam u‘ being made the twenty-two tenders received. Kan M p1”. m, 11mm" m l’ position Competition was keen between 2:? an" n“ wmpeumm to “who: companies all over Canada, the seven lowmt tenders being an? traffic. Mk, Michelin, the noted V, m ‘momobue we mmumw within $20,000 of each other, a" . has made rubber tires for the which m ' wmmflmn M’ x soc‘ o, "mo!" p run on “m of this size indicates close and , 1:1" “any mo,“ c" i‘ n“ h careful figurine. The Government E .v, w“ . we“ o, We mum o‘ minute‘ is to be congratulated upon obtain- m, l!” um“ m hour. It u us“ m! ing a contract price so satisfactory m; mum” o! wmmlmng “Ween to the tI-Xruers of the Province. i and nearby points. The motoc- Th’ anti-mm: wmpeny h“ i Ev m M". NW” Th. mew given assurance that local labor u‘ ‘hustle brakes ere applied to the Wm be employ“ a‘ much a’ m” m "huh m the “mo mum" u the sir-lie. and. as about 100 workmen Fibs-shes of a. lid-go auto. When once b’ Mun-ed’ m‘, 1m ‘hmnd u the world gets settled down b, or much mpfmm° m "m" ; indium-y affairs we may look for fzmmzh unemploymeni almaflon vow greet and vast development “r g e next few months’ “plum! of our "away ‘yr In addition to the College build- ' in * , aided by such inventions of otznmize a" tin me 03mg L” “ ports-n construe on en r- engineers of genius. A -' prises, namely, the new Prince Ed- ‘- ' ward Island Hospital and the re- construction of raloonwood Hospi- tal. 'I'his work, when undertaken, should, with the work involved in 31v h" 1"“ "signed me reconstructing the Prince of Wales idelwy 05 the United 5mm‘ College, make Charlottetown one of C13” mrlmratb" w the busiest centres for local 1g; F0 91° °°nu°l "I in the Dominion. mileage bank, is one of the htanding financial authorities in FOR [NFQRMAQyOIJ hlic life to-day. Dawes had wh- —-— . . ‘of the material interests of the In view oi the coming Imperial A Fumes-lean army in Europe dvrins the war. He was subsequently HP- , pomtedln i924 to draw a plan for tifiermen reparations that would be‘ acceptable and workable, as the v ,p,rnngelnent made in 1019 by the f . w” you“ w be impracticable.’ . p” flung plan was partially j» “festive, and was in operation until ".150 ilfwas superseded by the. The latterlplan, how. h”, gyro-t proving any more work-l m; paws; plan, and will. gmsma at the coming con-i at uusaaae. ooenina 011i a m, mi; inst. m. Dawes was next pmmgj; by Mr. Hoover Afllbllsl-I ,~ tor to and discharged the 0H,. . I .' l , ‘moss tidectiaa Conference" by Bit Edward Dlvson. sidcratlon of the many m“ u‘ m’; win‘ 2am...» at and the third “Australia at questions to be mu with at the w“ d° mt '"°'°”° "m" weight “ o - . . .0 11's “a w, mammal.» to whiolLOttawe" b! Hon. J. B. Latham C. Imperial Conference 3a,“, . U... Economic conference at Ottawa the ‘Guardian intends publishing e. series of preliminary discussions on ques- tions likely to come before it, in order that our readers generally may be informed upon them when the reports of the conference are ‘published. The contributions and discussions which we shall repub- lish in our columns are taken from the United Empire, the journal of the Royal Empire Society, which from time to time gives in its In country towns. says an ex- change. the harness shop had rare charm for the country boy. whose visit was not complete without a chance to jingle the long strings of sleighbells, while he inhaled the pungent odor of leather, and watched the cutters at their work. There was ready-made harness; also the made-to-ordcr variety. Just as with man, the horse of standard size was easily fitted, while the big fellows who had run to girth or had other unusual phy- sical outlines had to be measured. Altogether, it was a nice business, and between the skilled harness maker and the artistic tailor there was something like a bond of sym- pathy. Fitting was their business, and they wcrc proud of their work. The tailor remains in business, but the harness mnker is passing from the scene. Hand-in-hand, the har- ness shop and the llvcry stable arc walking slowly down the road that lends to oblivion; and not far be- hind goes the blacksmith. Great glaring garages and oil stations have usurped their places not only in the cities. but in towns and vil- lages, and oven at the cross-roads. 9011mm; report; proceedings held under its auspices in London, 'I‘he~ first article will be 0n "The Cur- External Arum of Australia. All be attained by the mapmy of not. reucy Problem" by Rt. Hon. Sir} Robert Horne, Cl. B. 3., K. C, M, u“ w“ huh ‘n4 The next will be the "Ottawa good background for the M. C... K. c. Attorney General for! the discussions are informative and Enlishtmifls and will provide a con-y’ importanF three times higher than the salary paid to the President of the Repub- lic. Prize fighters and stars of the are paid some- than distin- guished statesmen receive for their is Some effort might ‘surance companies, and they allow rue cnannorrerowu . ovanomn t The Currency ‘Pro blem . By the Rt. Hon Bi: R0080 301118.053. E, K. 0., M. P. ' (Precis of an address delivered ‘st I meeting or the Royal BIIPIN‘ society. London. on April 12, 1082.) ._._____.___-€__:' I which affected Imperial relations this problem was one that affected better able to guide in a. right direction to a proper understand- ing ‘of the problem than their honoured guest. l-lis great experi- ence, financial ability, {he profound study he had made of this subject and the clearness with ' which he invariably interpreted his views, appealed to all. Sir Rxabe-"t Home said that every- body was now interested in curr- ency. Our departure from the gold standard had brought home to all minds that the monetary problem was not one remote from the life of the ordinary individual, but in- deed, touched him at every mo- men; of his existence. The vulgar belief that money was something inscrutable and fixed to which people were compelled to conform was recognized as a myth. Every- iiiiliat $003: of _ finurs By [omes W. arion. M.D YOUR. AGE, BUILD, AND WEIGHT In former days it was a common saying that women would tell a lie _about their age, and men about {their weight; that is, a woman Fwanted to be thought younger than she really was, and a man wanted to be thought heavier than his ap- pearance would indicate. ‘The man always included the weight of h‘e clothes, when giving his weight. Nowadays both men and women who are overweight are inclined to understate their weight. and it is always given excluding the weight of the clothes. With men of aver- age size the summer clothing weighs from '1 to 8 pounds: in winter from 8 to 10 pounds, without the over- ooa-t. . In summer with women of aver- age size. the clothing weighs from 4 to 5 pounds, and in winter from 5 to 6 pounds. Now, the weight should always be estimated without clothes, and if you are tryTng to attain the ideal weight for your height and your particular type of build, this point should be rqnembered. And inst as the weight of clothes should be remembered, so also should your type of build. 1i the legs are long and the body short, naturally the weight should not be a much for the same height, as where the legs are short and the ibody long. I And'still another point, if you should be trying to follow some ‘table showing ‘ideal weight for height. is the matter of age. Unfortunately, or fortunately, whichever you choose, most oi these tables are arranged by in- for an increase in weight as we grow older, Rs if this were the naturarand proper thing to _occur. As a matter of fact their tables are arranged from their policy- holders, who being average in- dividuals, put on weight as they grow older simply because they eat more and work lass. However up to the age of 25 to 27 for men, and 28 to 30 for women, their tables are correct. because it is natural and proper for most in- dividuals to attain the proper height, width. and weight at this period. And it is this weight-the weight at 30—that should be the goal to mal. healthy, indivfduals. It should not be considered nonnai to put on the extra ten pounds for each tenAI years after the use of thirty. Insurance figures show that those thhs rate are poorer risks than those whose weights dd not increase. . The Chairman said that he 100k- ed upon it as a great wmplhnent to have been asked to preside at this meeting when Si! Robert Home had so kindly accepted the invitation of the Society tn speak on what he felt to be the greatest problem oi the day-the problem as well as the relations of the Em- plre as a whole with all the other nations of the world. Sir Weston thought it would be admitted that since he had held office in the society. he had done hi8 best l0 bring this problem to the notice of members at meetings and in every possible way, and the response re- ceived in the last 18 months had certainly been gratifying. People were now beg-inning to realize that every individual in the land. It would be impossible to have anyone a check these artificiol one now knew that Governments‘ promised to everyone British sterling that we would pay them in gold at the rate of 1i? grains of fine gold in the British pound. Our abandonment of the gold standard meant that we no longer made that The world had now to make the best mt/imate it could of the value of our sterling and to deal with us on that footing. At the present time apparently the world estimated that British pound at, 22 per cent. lees than its value at gold parity. The estimate had been both lower and higher than this Fgure. It depended upon some reliable and some very elusive factors. In the main it was reliable in so for as it was the result of the balance of payments. It became very tricky when it was affected by specula- tion. This latter element cnme frmn those who, in the belief or the guess that the pound was likely to rise in value, pushed it up by the mere fact of their purchases, selling out when they had made their turn of profit. This kind of manipulation did us lnfnlte harm. ft made the conduct of commercial business operations extremely difficult and in many cases quite impossible. In his vfew, it was the . duty of our financial authorities to ' take every means in their power to proceedings. uncomfortable for speculators. He was of opinion that they were more or less in a. position now to know should not rise, having in v'cw our level of costs and the burden of our taxation. It was not, he thought, impossible to let it be sufficiently well known that any operations in sterling above rnch a figure were perilous for those who indulge in them; and to take means familiar tothose dealing in international exchange to make their view effective. v The difficulties of zt fluctuating exchange were by this tune suffici- ently clear to make most people agree that at some period we should retutn to a metal standard, al- though thfs return ought not to be made until the conditions were such as we believed could be made stable and reliable. He was not one of those who believed that the busi- nass of the world could be carried on with a managed currency. Not all nations could be trusted to manage their ourrences in such a way as to create universal confid- fidence. Moreover, it was plain that there were great populations in the world which demanded some tangible posseslon upon which they! |could rely at all times. From this point of view, India had hoarded vast quantities both of gold and _silver, while china had great stores of sliver. These two communities represented a very considerable “portion of the world's population. land it was impossible to leave out of account the foundations upon create money and that the people,‘ who create Governments have got‘ this complicated matter in their awn hands. Anunsound monetary policy could land the people in disaster, while I- solmd monetary system might mean all the differ- ence between comfort and despair. . He reminded them that, while we were on the gold standard. we offering Reduce $25 for Starting Monday morning worsted suits at $18.50. $1 we put on sale 75 fine These Suits are selected from our regular stock, are latest models and regularly sold at from $25.00 to $30.00. undertaking. ' If you want a first class Suit at a very isyour opportunity. willing to take the loss. low price this We need the money and we are Get first choice. i ' ' » Henderson & (iudmore 101 GRAFTON STREET mankind was not satisfied which ther money. mxchange should be. to 1873, was a standard of a great the figure above which sterllnglpart of the world. namely one i based on both gold and silver in a ratio of value to each other? This question received a new importance from the reports of the Macmillan Committee and of the league of Nations. Both of these important bodies had arrived at the conclusion that by the year which could be anticipated to be in existence in the Wflfld would begin to be inadequate in amount for the conduct of the in commerce. Such a condition of things would necessarily have a. sterilizing. if upon the‘ appalling results which had been ;brought upon the world by the ‘exsting muldistribution of gold. 1t was scarcely doubted any longer that the segregation oi a consider- nble portion of the world's gold in America and in France had pro-" definite E1940 the gold world's exchanges effect already not a trade. paralyslng, We knew duced the catastrophic fall ing and menied by the supply? Would to bring silver pose of nritigating which they were prepared to carry on trade. Up till comparatively recently most people were inclined to say that this habit of hoarding was confined to backward coun- f would clear that immediately li”:.'l.SON’$ MAGNESIA l . a ta all 'CIII, will? E3Z"r'.§"'“ MIXTURE This new Stomaell Medi- cine came to us, highly Ne. mumended and ls keeping up to its upuletlon. Severn] u; the nwllle who have and It in this ell: Ipelk of u in the highest terms. 0W1: to these mu we have no hesitation in recnm. mending its use fer the re. lie! Gel Palm, ling-Janus,‘ Sour Stomach, Heartburn and "'. " Distress‘. Itlelmtulllneoc tinglml you can have s llmplg u; for the asking. E. A. FOSTEAR newest. nnuosrone These reflections brought one at . i t th t1 to m believed it m be within their m“ “p a“ “s ° “u” °n a” l what the standard or standards of compass to make the situation very; w“ u; sixfficicnt to rely upon gold alone. [or should they revert to what. up prices from which we were suffer-i the consequent distress which was 00-day at the root of most of the world's troubles. were we to leave things to drift, or were,‘ we to take action by which the gold' of the world would become supple-. available silver it not be well. even now, to take immediate action into the monetary systems of the world for the pur-v the present‘ shortage of available gold? It was‘ two salutary effects; follow. The fact that silver was to be in a! definite ratio to gold would immedl-i ntcly facilitate trade with China’; which at present did its business! | tries. But we had received a de- upon a single standard. the fluctu- monstration that Ln times of un-Iations m which, in relation to rest and apprehension, all humanity gold. had» been detrimental to shared the same instincts. who china‘; grade, The mend have“ would have thought it possible that which would follow was that the we should have witnessed the vast rise in the price o! silver which amount. of hoarding of the precious would page place, lmetal which had taken place in greater recent times in America and in would enormously France? It was sufficient to con-value of the hoards ofsilver in vlnce even the most sceptical that likely to be before the millennium with anything less than something they believed to represent indestructible value as the basis of because of the demand for it, increase the India and Ohina and consequently the purchaslns power of these two enormous communities. It was noticeable that when silver began to rise when Great Britain went off the gold standard, purchases from China and India immediately increased. Similarly the fall in the price of silver which bad taken place within the last fortnight had diminished the demand from the East for English textiles and galvanized sheets. Few things could sogreatly aid some of our depressed industries in this countrl’ asa rise in the value of silver from the abnormally low price which it had reached through the undue appreciation in the value of gold. Sea Ghosts (London Chronicle) It is a tragic fact that oi the twenty old windjammers now tak- ing part in the race from Australia to Europe with grain cargoes. not one flies the British ensign. Hard- ly less tragic is the fact that, a- board most of these selling ships, the highest paid man, apart from the skipper is the sea. cook. He ~$l.50- For $1.50 your. suit is here carefully and ‘thoroughly cleaned in pure crys- tal clear solvent. . then it is spot- ted . . all unsightly stains and spots skillfully and harmlessly removed . . then it is smartly pressed. All the original tailored lines expertly re- stored. Let's have the suit now for l‘ i a quality cleaning. nouumn man A ma What is there that is lonelier than a ster- A single light 511mm; .90 bravely darkest 1118M. immeasurable. If!" through the Tell me. of all this universe a vert- of things that are- - what is there that is lonelier than e star? The human heart. " -John Christoph" often gets 10s a month more than the mate. But even the skippers. highly skilled and expert seamen average no more than £3 a week. A Inndon bus driver gets more. Yet even so. it is impossible nowadays. with forecastle hands at 10s a month. to make sailing ship! DRY- Amongst the apprentices engaged in this record windjammer race from the Antlpodes is the daughter of a Finnish doctor. who aspires to be- come a full-fledged master mariner, The "favorite" for the race is the Par-ma. under Captain dc Oloux. "The tide of good sense, straight thinking and sound morals is ris- llew Method Bleaners limited ing repkilyf-Nicholas Murray Butler. - Just phone 146 Richmond St., E. R. BROW F???» Life, Accident, Sickness’ and Plate Glass Insurance a_t Lowest Rate. l _ Agent at Summer-side. Lloyd Lewis Charlottetown