. _ __ _im GUA_RD1AN__» ,_ 1 ~ _'_ JANUARY_s,192s_ 't 0 P 9 ‘ensm 1 ' :rho Laila" two ‘l.o1)o what Statistics of Gan .,, ,,,,,,,; ,.,,,, ' Cannons exports in 1925 and me \ advance) ilollvnod. lll|l`Ul|¢¢d Stntel. iii tif it ii it largely exceeded ller imports and all the newspapers throughout the country took notice of the fact. Inventions Since ' 18612 - rndduc-_w. s. usnuro. ` llltor and Uhhler-J. B. Bsrantt. Vloe-President-J. B. llurpott. Associate Editor-D, li. cu"-ig, 1 5 somm-y--um. col. n. s. uiwxluuolu sl o. ' ._ ,l ' Trade expanded both inward and GLEANED FROM BLUE BOOK ~ - outward and quite naturally a very optimistic view of the situation was taken and it was boasted our trade balance per capita was the largest Confederation, in 41867? TUESDAY, JANUARY 3, 1928 'Now 'ro wonx. THE holidays are all over, we have’ _ had our rest and our good thlngsl women the iuult lies with us, uotic with the holidays. 11 we are notl better men and women after all thatl we heard and saw and did under the influence `of the Christmas spirit, ' then we are worse, for therei is no th stopping place in life, it is on the S wird °r backward’ The law °f re' cautiously, who avoids uncertai version is as inexorable as the law chances and keeps sloaoy_ of growth and decay. The condi-l _--¢»->-i tions for reversion are forever pre-‘ THE VALUE OF TREES sent, the stream -.is forever fiowingl ' _ fiii,lldf L- _.y -‘ ihhil,ht d°W““'“"d= We 9"’ 1" me “rea” “"5-THE Dgwlng dc ppe “hm 3 lim I°"P°"s- If C“““~dl““S1 “fe '°“Y‘“*5 liabilities from the houith stand-ilu ins lust six were large. but they 1§;‘;l‘l‘;“"2§le“ll 'flle°.‘1§hls°lle ‘fs flefrlls ll; don. ng an . 11292115 OWS °W-more foreign goods and productspolnt, and yet your common senselwcre also large in 1925_ Freight glvlng o dllleronl mlmhol. ol hlllsls when we stop swimming we arei ‘they value trees in that country‘ SWGPC b9~Cl¢WBl'd- - _ D ‘ ' *biggest asset. ling Janllary-June, the large crop_ ` ’ We saw much ol Chllstlohl "Aft" Visiting the Premlses “llltlvsginofolglolglileproduction as “lily _ No’w did it ever occur to you thatloi’ the previous year ilu-.rcasillg the‘ Sllooolng make an inspection, Mr T W Fry g 5 mme money W 1nll these other things you try l-Olgraln traffic hy 1832.000 tons fhr ` benevolence much of kindness ' ' ' '1whlch to pay for their purchases. lplan in business work or ihe liome,_1h,__ slr mmllllg ' l A ht ol sncczln ' _ » .__ ~ 1 _ ' 1 < ' g can be stopped and lrlendllness and brotherly the North London M&,8lSf~l’8l9- YES _ w _,___ lap depend to a great extent uponl Wheat trailio was _collslilie1~ instalment will ap- ' THE p0TATg BUS|N|;SS_ _ Gbserved and ep mn obe p _a 913'] "“l‘mg mmmd t.° M59 qllcoilntcrl t`or more thrill the net in- pcur later, when our readers will 1mstructmg him to lop three whlch years have been' ' 1gnlgellfé'1l0g;`lth?l;]2;l;dY13lle;§ lgzalls iircuso for the Dnmllliolr Fresh ith- ho Kiven un oDIl<1l‘llll\lll' lf’ Sllil llll `~`”` `* , ‘ f~_ --- I 9' . . ` lies were li liter in Novu Scotia the mu 'llltuile of the work being .AS has been Seen by the report of overhung the public highway’ and hy' February this year will have 293W°rkmg hm'd'phy‘?1ca“yl{ ll il _ llv 12 002 logs and ill Ontario hv llollo ongollr great National System _ 'A'flfi-t-rpy~-' ‘ _ _ ‘. the A8l'lC\1ll-Ul”9~l D9P&I'l-me1'\ll- cut' ‘me of the trees to the level of days, a reminder and a warning that'Slca1l1l'i|,_'hv:,c loocligl lglilulcsaexcrclso 4.505 tmis_ but in British Colunlll_l'\ ul Railways. ~ _ _ N _ - . ' _ _ 'tl. t i . il l, 31,3.-1 S _ cnlhs ago we gave an lhe year's crop of potatoes, although the Walk as he thought' he had 8 during the coming twelve months daily. “(1th a good brisk walk bt- '°__ °”““g" “Crea” "' ’. , “mp m __ l > Couiederat on _gsll :__ .ll ko l __ bod mu tons _ _ _Ciltlille of tile. pro very large, did not prove the ilnan- right t° d°' Mr' Fry said tlmt he-the ladieslwm lfave enlarged lmvu__: lselcemls _lselilclézssalgf as food. lol Other lrosh frull which is ronl- Community Hlgllways, and quite a llll t .ieges of ‘popping l-l'10 QU0Sl-l0Y1- 1 P _ ‘- _ ' . ' posed principally oi’ llnporteil fruit. number oi the (‘uurdian‘s Island olal soooess that had oooh hoped lol.__knew of no statutory au orl y_u_n lphrase and Fable has two verélons hours io_i chlldlen, 9 foi youths al1d_]m_mn__€_] 12 per Colm The mm _rmllers expressmi apprecallllm ol der which the Town Hall authorities yollllil \10ml‘U and Bl lengt 7 to 8 It l-S easy 50 be WlS0 after ll'10`9V€Y\l¢~l ‘of the Sully og to how this cnmellol. l,llallll.o lolllo ` _hugo oi potatoes hallillcd lvzls uhm urn ini'm~mation they gained- They and we now sec that we took too °°“1d °rdef 8' persun in defendanm about. One accountis that this Lcapi So when you ‘take stock of that ;:‘*Pl:_‘;::;'l_°iE__l`llqllllflIl_ll\§_l__Sl5__l'@f*_ll';‘; bf_‘;“l’:_‘l;_l_lc'?l:l{_°l'l£h;a;`";ll_ great a risk in devoting so much P°5m°“ lo cut d°W" to the 3’°““d, Year privilege was arranged by St..Z?gy§_§_fl__ygllrSy;l llllggdbfgilllxllllllg gglililgo of this col‘ilmoil`i`t_v is the hott- wo( wall worth the spare W0 I-IHVG L0 u of a it mmm have turned out °thcrwise'1pcrty' Mr' O. vi Young,” the prosevgggaregtllf llzs agouslliiitclbllilclyvalug. lEgllglslhgllgrdvlhilyelc(olmIn?;il]0;le3§§_lu 1925 to 81.710 tons. 'ln New _voulll of (lnlliidii with the vastness? Those who hoo o lolge llolooge lm_‘CUt1ng S0liC1l0I`- menlllmed lhal lm" labour. mom, that you do about other llrunslvick, Quebec iinil :ill the wvs- _of tho rmililry outside our tcrrllvr __ ‘Bl-ll? lf HPPWFS that an Ml of um lorll prorllleos illizlrnses were zii~,iul lmllnils, ullii is one wnl’ °f der yltatoes might have made a_d°" the Mahcmus Damage Act of Scottish Parliament passed in 12281thmgS' so ret-crilcil. Live Stock and ulli-_“;;i~m1-illg up with the coillltl'y»" paratlve fortune out of it butymm defendant was “able tu me was in the terms following- ~»-------- mul Dl'0iluClS. Wlllvll C0"SlllUl0 °"‘_fI‘<¥l1\ US <‘\1l`ll"*‘l -"Ulf-`¢"“‘ A l'l“""""’h com 1 , ' ~_» . _ . . ,_ _ J 1' il . t Il ~ . i. f tl 1 totiil 1 - ,' tinzc of Callzlilit is in hz the bald truth is that. althollgh years penal servltude for cuttmgl Ordam it' mal in the reign of,hm1*°**+**-0-***‘»**‘°*****°'*"*'li4l>llllll;l; sllolllgclilrzlmsnlrlli ililrforeasr `;li:llll;mzllcll\l(allltc-- -. ing o _word each day- Tbdal/'~= I .,,, , _ I : TIM-IDATE; t k tomble wlth poooooom ___ 0-o-oooooooooo-o+oo4»o+lword _ 0 mil B airaid, frighten. "Your threats can' It has been proved time and aga'iri= W0 "Wal Ml assume that me "ll'l not intimidate me." ‘hot mlxod hm-llng l, th, lugunllmate has changed or is changing be-l hoolmfoo gm- ull. prgvlmm Wg lmvelcause of the exceptionally mild_ mol” o moo,” “_ gms, wg Lon gal weather of the past few weeks., By W. L.1Gordo11 . 1; llfgln yell' 811101’ year. Thule of W°°l9l\°l' Chlnle! BTG dm t0 liefliln H v-o+oo+»¢-vo-o-so-o»+o+o»~v oA|i_v Lessons iN~ENo.l.lsl-l _l et! former: who have ludiomuaiy natural causes few, if any of which WORDS OFTEN MIBUBED __ __ _ adlutor. Pronotince kc ju to d _ ~;a,i\1mllll"°¢ |l'\U‘Pf-l"‘°’°_“'° mm’ "h° “ll "°_‘_‘_lf"_‘l'_’f*'_1s¢c_tint third syllable. :ot ther an rouifllerl rt high recorcl at 3.249.471, tolls, tho tonnage nriginutillg lu, Britisll Colilmlliu ntlvilllcillg froln1 606.869 inns ili 1925, to l.R52,(|ll0_ ions in 1926, and ill Onillrio l`l'm'lf 599,052 ions ill 1925 in l.l74,liS5 tolls. -lllllpwooil was lwlvy ull Y<'1\I'-_ ttglltlt-,|;|1|y ill Q||o‘boi:- Ilulllbor uiso| sllmvreil lin iuclmzisn of 20Ii,590 |on~l.g ltcilued pi-'trnloum nnil its ilrnriliuts whit-.ll ilu-.luilos gaarlllllc. llllll-ical-; ing oil, vii-._ illcreaserl hy 176,241 tolls :mil wus lleuvle-r than ill lilly, previous yiizir. Bur and sllnol iron :mil strilriilral iron also wus lloil'/_vl with 1,566,585 ions. ns ngilillssi. 1.- iillii also the imports showcil Hull-l . . l . 1 <_ n e au nl ll pass ,, l tllrolllrll Canada, which i|lnl'ousei`|l 150.571 tons. an increase of 187,70‘Kl on household goods. which is. ll . fl l 'reighi- Pllssellizcr 'trniilc however, wasi heavier than in 1925. both ln the number of passengers carried and ill the passengers rat.el-l. increase in 1925.72,979, increase over 192-5. “Operating expenses were heav-| ler than in 1925 by $17,353,798 inco of equipment b $5161‘156 .lrgely o ees. and prinicil mlitiorl lllcreusetl ~'sl\lglltly_ l.ir‘uors nlifl‘ &$ hovcrnges incre-used hv 6 per cellt,l 5%' "" »§ mil paper iilul nrlnteil mutter ill-l _ . \ Greetings We extend to"our customers and friends the seasolf! greetings for a HBPDYQ ind Prosperous New Y0ll'- 7H§3l.885 t,olis_ln 1925, the ionlliigol _ 2 origilmtiilg at Callzulliill siiiilollsl stalllllil increases. The ll g lni.roal_c1 1 was l th to rll`lc .wllcisl from 1.2sz.sls tous in is12s_1n 1-; 149 Grim Georze sti-ost ` - “reused 'hy 192.425 tons, allrl nies-1 '-.liaiicliso\vi~si heavier hy 449,639 1 'ons All the nhovo tonnages px- C' M' Lampson & co' '-luile ilun'llf-.ations where more than 34 Qllton Street, ` ‘nn ruilwity handled the sumo L0ll\l0ll» E~ C- 4- Ellllllill- Public Auction Sales or __ Raw Furs Represented by maiuteliallco oi' way and structures ` Alfred Fra-35|' Increasing by $7.079.5ss, maintou- gn, nm, A 1,, 5.4.- for the new year are available to policyholders atlour Office, ____ ._ _ . _ _ _. _l l 61 C _een Street, and also at the oifloea of ‘ _ » _ 1 _ 1 _rc _ ~ s. M. nicks-summmids 1 _ , _ ._ . , . ___ nd . 1 ' _ _ _ ' 1- E- »1»$w-»1~»1-i. iiiisziliurs aiiaimiu mi ,Y lr 21.' T32? _d_|:t_'_!f‘l.:'¥f","§.."'°° h"° -“ ““l’l"l" W” l in lrrhrnnrr ` ‘_ __ aaa so-4-Qosyo ` Y 1 .- _ New Yom. Compared with expenses of 1924 to ' l 1 Calendars 1 ‘Notes by the Wal C m r h '_ 5"' l““l"“‘*“*‘f:*;.°"‘-***l""f" it 7 _ _ _ 1 1 Your January Funds Will Buy `You A Profit4Sharing _ ~ ' 'Interest In '100 Leading American Companies ' - You can, through an investment in Federated Capital Corporation, own il. profit-sharing interest in 100 of America's largest and .strongest companies - the 100 comphxgies which form\the°lndustrial back ne of America-companies that grow ln size and earnings, ,_ as America grows. . ' _ Federated 'Capital Corporation ` formerly Federal lnvesment Trust _Incorporated _ Federated Capital Corporation owns stock in the following 100 companies -all listed on the New York Stock Exchange: Allletl Cllemlonl It Dye Corporation Americinn Bunk Note Company Am rl B li ‘Sh C e i-an rl o oe 6 Foundry a. Amerlonn Clin Company American Cnr sind Foundry Company American Express Company American Loeon_\o¢l\'o Company , Amorleun llntllutor Company American Smelting and Boflnlng Cu. Americinn Steel Foundrlol American Sugar ltrtlnlng Company American Telephone and Telegraph Co. Axel-loan Tobacco Company A orioim Type .Founders Company American Water Work; B Elec. Co..Ino. Ainiuolutod Dry Goode Corporation Atel\ll\on_- Topeka and Bimta Fo Ry. C0. Atlantlu Coast Llnc_ Railroad Company ‘< Baldwin Locomotive Works Baltimore and Ohio Railroad Company Beech-Nut Packing Company Brooklyn Edison Company, Incorpor- ated _ _ Burroughs Ailtllnz Machine Copany Cullfornln Packing Corporation . Central Railroad Co.ol New Jersey, The Cerro do Pasco (lopper Corporation (flicaapealce and Ohio Ita-llroad Co.,'l'll¢ Chicago m Northwestern Railroad Co. Clllldn Company (7oca.~(loli| Company Columbia Gas and Elnetrlu Corporation Consalliluteil Can Co.. of New York, The Corn Products Beflnlpg Compllly Delaware and lludiiou Compu-ny Delaware, Lackuwimnudl Walt. B.B.Co. Detroit Edison Company, The Diamond Match Company, The E .l. iluI'ont ile Nemours h Co., Inc. Eastman Kodak Company of New Jersey Flolschmlmn Company (ilonoral (‘l|nr Company, Inc. General Electric Company General Motors Corporation (ilonsral Ballway Bignalicompmny Great Western Sugnr Company llllnola Central Rallroarl Company lngersoll-Rnml Company International llarvoutcr Company International Nickel Compan lntarluitlonul Telephone D ¥|'elegrapl\ torn. lienllncnlf (lopper (forpnrullim H. S. Kronge (fnmpllny $4. ll. Krelm K' Cnmpuny Lolllgll Valley Rnllrouil Company lllggett & Myers Tobacco Company L¢o_lv'n lnoorpnmtetl llouliirllln A' Niinllvlllo Itullruud C0. .\l|\y llepiirtmont Hforon (Tammany .llimtnlm Power Company .\'ullunl|l lilnvult (‘0mp||l|_v . Nutlnlllil (‘nul\ llelrlnlnr (fompany Nnflonnl Dairy Proilnrtil Corporation .\'utIonul Loud Company Natlomil Ten Company _ New York (‘nntrl\l'llulIrolul Company .\'ew York, (1I|lcu¢1\_i_\nll lil. Loulio lI..I¢. (0. - .\'ur|o|k & Western ltallrnml Company North Ame-rleun (‘om|luny Norlllorn Purlllo liullwlly (fonlpnny Utln l‘lle\'utor Company l’iu'llir (lm: uml Electric Company _ ___ Purnmnlunt Fmnume Liuiky Curpuriullon P1-nmiyl\'u|\Ii» ltiillrunil (lumpuny, The l‘uu|||r|l.(‘nm|\luly_ lllnorporuteil Pullman, lm-urnorufeil lle dlll (7 in 3 ompuny lienullllo Iron tt Steel Company R. J. Reynnliln Tolliwilo (‘u||\pnny Nrhulfa Retail Stores Corporation Houtllern Callfnrnlu ltlllnon Company Soufllern Pluilllc (`omp\u|y Huulliern ltrullwuy (iompuny Sliiiiduril (hun und Eleetrle (lomplmy Sllmdnrd 0ll ('om|mny of California Ntiinlllril (III Company 0| New Jersey .itinlliliird 0lI (‘ompi\|ly of New York Tung Corporation Tlniken Boller Beurlulr ('on\pim_v Toluieoln Prmlurfn ('orpornlIo|| l'|\lim l'iu'l|.l¢\ linllruud Company ' llnlon Tank (‘ur Company l'nlle-d (‘lg|sr Sion-il Company of Amor- len " |‘n\ie¢l Drill (To|\pu|\y _ l`nl|ml Fruit Company \'nlti~|l Htuten Realty dt lmprnvomolul (‘u. l'nlli-il Pilintnn 810|-I (lm-llorallnll \vi~~|¢r|| linlull Telelrallll ('nm\lln|y \\'|~s||ngImu»wl /Ur llruko (lnnlpully \\'n>1tl|\ll|m|ue ltinefrle Q lllll. (ln. I". W. Woulworlh ('r»|npu|\y Federated Capital Corporation also owns stock ln Z6 insurance companies and 29 banks. ' ALL OF THE 100 COMPANIES 26 INSURANCE COMPANICB AND 29 BANKS PAY REGULAR DIVIDENDS Let us tell .you just what an invest- ment in Federated Capital Corpora- tion will mean to you-in safety, in- come and opportunity for profit. Send the coupon forfull information Eastern Securities Co., Limited. _ INVESTMENT BANKERS Charlottetown _ St. John Montreal Halifax I __-....-__.__._.-_-_,_ | . You may nnil mo, wltlumt obll- lltlnn, lull _ lnlormutlon About Feilnrlweil Capital Corpoflllon Nlmo . slfnst Cllr ...._......,......_....i1.s._i_vi§`i...au_'I'-ll _ l_ -»__.,___..__-__.__ l r ~ »e~¢c-~r .L 1 I K l' l _ 4 A / 1 l 1 l 1 1 , 1 1' 1 l i 1 1 4 1 i 1 l. ~'-'--z»~f ~ .1- r 1 1 4 1 l i `1 E ...._~,:_¢»-' .»:-fa-»-:» -,Hi if 'l / 'l