' _ "The direct contribution of in- F' Page 5001; THE CHARLUTTETUWN GUARDIAN President-\V. Chelfer B. l\ld.ure, M. P. \’lee~l're|idrnt-J. ll. Burn: _ Secretary-Lleut.-Cnl. D. A. ltlmr-Klnnun. D. S. 0. Edlhlr and hlilnnglng Director-J. R. Ilurnell, Associate Ellltnrn-Frnulk Wnllllfr uml U. I\. liurrle l|°l'll|l\l’ Daily (founded |8247) $5-00 per yenr (lu ndvnner) ulellvereil. $1.50 per year (ln advance) mulled in lianluln nad United iitulu. . _ FRIDAY, JANUARY 3. 1932. : I _ . \ A report recently issued by G. W. THE CHARLOTTETOWN GUARDIAN NOTES BY THE WAY Pole, Controller of Currency l0r the United States, shows that no less than 8,000 banks .failed ill the republic from January 1, 1931, to September 30. A. London public- \ THE' HQPEFUL SPIRIT "We in the Mmmmesl" ‘W3 th? practical economy, that he best Maritime Farmer with commend- serves humanity who best able optimism, "can look forward to Serves h1m5°lf» ‘md the 3°1d““ |982 with confidence. Our natural resources are immense and increas- ing in value as research finds new uses for them. The people of the world will still go on living and consuming eatables and clothing \nd the average man will aspire to securing-those ordinary comforts of life wllicll, after all, is thc great driving force behind all human pro- gress. New channels of trade will be opened up and out of all the welter we believe will evolve zz greater prosperity and A more stable econo- mic system." INSURANCE IN 1931 Few lines of business have done `°f mb°"' but °f gow citizenship gem so well on this continent lil 1931 as that of life insurance. New paid- for business last ycar in Canada will probably amount to $750,000,000 l and in the United States to `abo`ut $iG,000,000,000. The decrease from 1930 will be about the same in the two countries. namely, from 13 to 14 per cent. The decrease from 1929 will be slightly greater. ln both countries, however, the new business in 1931 will be considerably I ` full vigour and progressive power . without the principle_ which unites the fundamental law of rule of religion, ‘Bear ye one an- other's burdens."’ THE 30TH MILESTONE The celebration last evening of the thirtieth anniversary of the Laborers' Protective Union is a re- minder of the splendid progress which this organization has made in the community. Starting without funds and with a small membership, the union now owns .i'= own hall, has a tidy credit balance in the bank, and is widely representative of the labor element ill the ciiy. It has encouraged thrii`t and industry anlong its members, and has done much to further the cause, not only crally. The Guardian takes this oe- casion to compliment the organiza- tion upon its steady growth and de- velopment. and to wish it every suc- cess in the future. Ii’I?IT.-i IlV’S TARIFF The Mollillly Review of the Bank of Nora Scotia contains a compre- hensive discussion of the situation created i»_v Bl'itain’s departure from in excess 61 the 3.,-Huge over thc’ free irmle. One interesting histori- last ten-year period-in Canada tof the extent of $19,000,000. Recoriisl have been broken in the total dis~,` bursements to policyholders in 1331, which will probably exceed S155,-I ooo,ooo. or this sion, sll.olo,flo.l,' deceased policyholders, while S63.- 000.000 is represented by lllaiiircd endowments, anniliiics, dllicicnds and disability benefits. The total insurance in force in Cullacla is now approximately $6,670,000 000. an in- crease of $180,000,000 over 1930, rev presenting nearly $550 of life insur- oncc per capita. Less satisfactory has been tile; business of "fire insurance in Czlnzldll: during the past year. Illclrllsl-:Il losses, taxes and expenses, uucl al reduction in -premium income are; given. as reasons for the adverse ro-a suits which are likely to be shown by the great majority of companies 'operating in the Dominion. While 'no odicial figures are available, rc- cords compiled by the Montreal Chronicle indicate that fire losses in Canada during 1931 were about 'ten million dollars in excess of those for 1930, reaching about forty million dollars in all. A larsl! amount of this stupendous fire waste is said to be due to careless- ness by the public. During the past two years the companies have paid in losses to the Canadian public the huge sum of approximately 065,000,000. Weighing these flgllres, one is im- pressed by the phenomenal devol- opment in modern times of the practice of insurance, the Origin and growth of \villch attest n rc- markable change in men‘s ideas and habits. The value of insurance as an institution cannot be meas- ured by statistics, but its results in the social economy, the substitution ihrough its development of reason- able foresight and confidence for apprehension and the scnse of haz- ard in business and human affairs, are admitted by all. These results are well summed up in the Ency- clopaedia Britannica, from which we quote the following striking tribute: goes directly to the belleflt-l.l:~it-s of ¥l\lUl02 _ ' _ _ ., V h ‘lurance to civilization is made, not in visible wealth, but in the 'intangible and immeasurable lforces of character on which civilization itself is founded. It is ,pre-eminently a modern institu- 'tion. Some two centuries ago it ~had begun to influence centres of trade, but the mass of civilized men had no conception of its meaning. Its general application and 'popular acceptance beifan within the nrst half nf the 19th century. and its eon~'iercizli and social importance have multiplied ll “unrlredfolrl within living mem- crv. It has done more than all l“'ir< of impulsive charity to fos- ter a sense of human broth~rhood and of common interests. It has 'lone more than all repressive legislation to rlv-stray the Pam- r:il'prlut which it raises, and which is worill stressing for the sake of llcrlllucy, is that free trade was not in vogue in Great Britain for 85 years, as gcllerlilly supposed, but only for tile 02 _rears since 1869, To This histoll of trade regula tion is full of paradoxes. As ey cry- one kiiows, Publ did not actually esullllisll free trrrle ill 1846. 'lhe girallual lo'\'elilll-3 and eventual ation commenting on bank- ing says: "Our British banks are as solid as Gibraltar." It is equally true of Canadian banks. Thify have weathered the depression re- markably, and there has not been in ability to produce and deliver to buy the goods. A good deal continues to he said Empire currency which will take hope that they will dismiss to the limbo of lost ages, where they ago, the ha‘pennics. tWCDL’nC€S. [_ guineas, and shillings, and that q we will have the common sense to decimal system. Why not the Canadian dollar?-Le Canada h mates that the Western Insurgent n Republicans are warming up candi- mcnt, and so block Herbert Hoover 3, Borah of Idaho is mentioned as a t member oi’ the insurient ticket; t year presidential clmpaign tales. st nllnle, if you will, but not a great captain of orgmized insurrections. tl for independence, even insurgency. U ized Third Party revolts in Bor- aha`s time, but where was the t great insurgent of Idaho when the t ballots were cast? In 1912 more F rllscollii1‘.le'lce of the nli»etl-enth p celltllry British tariff was an affair of twenty-three years, and l was only completed in 1869. Ten § years later, the sinlilltzmcous i adoption of .fl National Policy on i both sides of the Atlantic-by the German Empire and by this Do- nlillioil---lllalltezi tile beginning of a trend in tile opposite direction. Tlllls. :luring most of inc sixty- two years between 18651 :incl 1931, lvllilc Britain rested her nopcs on free trade, and allowed unre- rfl-ictillg imports, the fenrlency llns been to'.','ards a more and more rigid control ei imports -by other colllltrics. by means of cus- toms duties find ingenious devices of other kinds. Moreover, what- ever restrictions were imposed elsewhere upon the free move- ment of goods, other countries have taken for griintcd that the British market would remain open to the world, as a permanent outlet for forced sales," This, comments the Sydney Post, is true to the record. The triumph of Cobcicnism in 1840 consisted merely in the initial achievement of “the repeal of tile corn law,"--that is the placing of grain and food stuffs on the customs free list. An- other point worth noting, which the Banks Review does not refer to, is that Britain was under tariff pro- tection for three hulldred years pre- ceding the repeal of the corn laws. Brltain's discontinuance of the one-way free trade system, the Re- view says, and its establishment of an effective tariff barrier, must have a far-reaching effect on the world's business. "By future gener- ations," it says, "its erection may well be regarded as an event of no less importance than Peers historic decision of 1846 in favor of free trade." I EDITORIAL NOTES "Canada has survived the crisis," is Premier Bennetts cheering an- nouncement, "and the same sllirit and the same strength which have withstood the stress and strain of the past year will curry us ovcr`nli intervening diniculties into on era of prosperity heretofore unklzo-.\'n." Four Soviet railway employees, convicted of gross criminal negli- gence following ii train wreck, have been sentenced to denth. In any other land. comments an exchange, lilo labor unions would protest against such severity. In Russia, however, there is only one union, and that is the U.S.S.R., which tol- erates no interference. It is un- doubtedly thc strictest dictatorship bling spirit. It is imnossihle to "tonoelve of our civilization in its ever established. which so rocked the Republican t _ lntosti itl li tl , ' boat that it sp.lled Taft out of the this pg; tl; Zsgngre; Ixilégdtsg seriously as an authority on public ppendix empties itself can be 'not- Mfmrs by mmmns of hs fellow presidency and hcaved the Demo- a crat Wilson onto the White House Thi,-<1 party "progressive" insur- Senator Wiliirm Borah was at home, right inside the orthodox, H conformlst. R9iJ\lbllCBll Dallollrl ti keep`ng his feet] out of the \\'0l»- It may look like insurgent weather this coming spring, but not in Idaho. indicating the strength Mid stabil- ity of Crnada. The first is a statement issued by the United States Department of Comm€1'C9 to the effect that the Canadian of agricultural implements more demand for industrial chemicals dairy and creamery equipment moving well And the -second item is the announcement of the United A States Nation“l Foreign Trade place among the ten nations showing past 17 years. These statements, to have beneficial and far-reaching effects. The Socialist is an environmtnt- alist; he bellievcs that the sty S makes the pig. He believes, too, that the markedly unequal, rnd B often inequitabie, division of A wealth in this country, and its vulgar, selfish use by not a few, is to a great extent responsible for clzss warfare and poverty. If he is sufficiently enlightened, he upon economic foundations, true ..,,.¢ ‘- Ullbat 1801> ` _...=_-.£3 _gnupg By /emu W. Barton. M.D __ *___* lNvEs'rlc.A'rn\lo. molG'aS*l'ioN g JANUARY s, 1932 .____4 Ancient Civilization ' #- GEM I ‘ Wereferred recently to the amazing discovery of an unsuspect- ed- civilization, made by Sir John Marshall, late director-general of ,archaeology in Ind'a, among the silt of the river Indus. The re- ' suits of the work carried on by him during the past nine years have now been published in three Clearance Sale of Winter Goods , You may have repeated attacks oi digestion and finally decide to ll bank failure in me D°ml“i°“ consult a physician. I After telling r--“_ him all our . Gold is no longer the reUable pect hh; to iiizlepgilsayglilsitifn measure of a nations credit. A |01- some medicine to .wry the m_ correct estimate of national credit djggsuon In swadhe informs you volumes with the title "Mohenjo- Daro and the Indus Civil'zation" (London: Arthur Probsthanin. £12 12s net.) The common conception ofthe early history of India has been revolutionized by these excavations. Until 1922 no structural remains P Jackets, etc. ` ,-_ During the next ten days we will give discounts of 20% on winter oods usch as Sweaters, Underwear, Winter Caps, Work Mitts, Leather ~' On Overcoats we will give discounts of 25% 331-3% and some last ycar’s overcoats at half price. We invite you to buy your requirements now from our stock of high may be rar more safely be-Sed on that he would like to ini-ther in- l goods, as and when and where re- are not ‘clear cut' enough to enable quired. There must be consumers ilim to tell exactly what is wrong. nleal', which may be toast and tea 0 . _ about mo proposal to establish an Of of this food from your stomach the plzce in the world-tllis is the "def t0 50° Whelhfl” the Juice Of hope at any rate-of the now the swmach is bein! S@°l‘9l€d or discredited sterling. If ever the lnanufacmrcd P1`°P9l“1Y»“lld Whefhér idea Comes to anything' let us there is the proper percentage of llydrochloric acid in it. ought to have been dismissed long glwvements' the churning m°ve' Ill adopt rl. currency based on the S1 Montreal. is _ *_* always relieves the pain in ulcer, A W“5h'llB‘l°ll ‘lesllatfh mtl' Tilis also helps to tell whether or dates to head a Third Party move- X from the Presidency. Senator gives Hdhrk shadow as it passes Tiiis sounds like one of those leap- position in the abdomen, as the Senator Borah is a great Lone illches below the navel, or umbilieus Wolf, a great phenomenon a Erclll 8515 i5 Called. His carefully groomed reputation HES RWDY d0w11 in the abdomen is Two recent news desP2'¢\“’5 r from Washington provide encour- aging signs of improved conditions - »- Th retail trade is lBi”g€l'. lfllmllfililllfc And there is traffic on it, and many active, lumber prospects brighter, But the little roads of Cloonaugh good. hardware trade active and And the little roads of Cloonaugh go Council that canada holds fourth And there is slorv in it and terror the largest export growth during thc But the haunted air, ol twilight is heralded to an the World are bound And the little winds of twilight are . . » The great waves of the Atlantic hining green and silver with the ut the little waves of Breffny have nd the little waves of Breffny go knows that while culture rests Canadian Press)-Sir Henry Thom- ton, K. B. E., President of the Can- iestlgate your ease, as the symptoms Mvvrdinglv he elves you a 'test r toast and water and at intervals a few minutes he withdraws some in He also wants to know if the ents of the stomach, are strong nough to enlpty out the contents uickly enough, or whether these ovements are too weak or too ow. Giving food in this manner also NPS in trying to find out if there any ulcer of the stomach as food ot there is n cancer present. He may also want you to have an ray examination, after giving you meal of bismuth in milk, which hrough the stomach. This will show he size of the stomach and its exact omneh may be inches above or You can readily see that, other llllgs being equal,_a stomach that ot likely to empty as quickly as is hollow There have been organ one that is high “IL ln Width- It will also show any deformity in e stomach from cancer or ulcer. Indigestion is often caused by ouble other than in the stomach came the grcit Bull Moose ground and the course of this meal can be Few have the fzcility of Will aced by the X ray from stomach . t , swell of revolt, behind Rooszvolt, ; small mestm a d fr an Rogers to e,m,ess_ an _,dm ,,, B 8, I1 Om Sm ed_ An Lit t~ h H ht _ countrymen. His dictum, for in- pmch by its backwashi Where structign lo; ;elE;'laatnf.5l1iss gint :fn stance' that "the United swtes Wm was Borah then? Leading the be D . a cause of indigestion. So don`t be impatient if your phy- f°Cti°n for R'°°5°ve“? Nm; he' sician wants to investigate your case ill 3 Whimsical Way what many by the above means. He is trying to erudite people have tried 120 Sei Ollt nd out the cause of your indiges- in India could be assignee' with grade merchandise- eertalnty. to a period earlier than E the third century B.C., and the failure to trace any vestiges of the Vedic Age had been attributed to the fact that the light watfle and daub structures supposed to be typical of that culture had failed to survive the ravages of time. .The discoveries in the Indus Villel’ now make it plain that five thousand years ago, before even the Aryans were heard of, the Punjab and Sind, at least, were enjoying an advmced civilization closely akin to and, in some respects. even superior to that of contemporary Mesopotamia. Moreover, thes' BOY’S SWEATERS LEATHER COATS SWEATERS 20% oil' Men’s New Jumbo Coat Sweaters,'colors Scarlet and Black and Black and White. Regular price $5.00 now . .. . .. . . . . . . . . $4-00 0therlinesofCoatSweaters........... . . . . . . ..................20%off UNDERWEAR, Stanfield’s Red Label, $200 for $1.50 I Blue Label, $2.50 for . . . . .. $2.00 Stanfield’s AllWooi$l.50 for $1.00 Penman’sextra Fleece$1.00for..............................,.....80c WORK MITTS, Horsehide Work Mitts 20% off WINTER CAPS, very fine quality Winter Caps, nice patterns, all 20% off lined with beaverine collars. Regular prices $13.50 and $16.50 20% off . LEATHER WINDBREAKERS plush or tweed lined. Regular $9.00 to 13.00 20% od during sale __ ) ' -"l ‘ _ Ii l a “ The Haberdashery "' ` . either coat or pullover styles 25% oi'f during this sale BELTED Horsehide, some plush lined, some sheep' Indus people, though still in til' , Chalocolithic Age. were in possess ion of 9, highly-developed culture in which no traces of Aryilll ll* fluence are discernible. The two principal sites which have received continuous exploration are Mo- ,= %’ henjo-daro in the Larkana District . _ $ Special Overcoat Sale ' 100 splendid overcoats on sale during the next ten days at 33%, %, and Half Price of Sind and Harappa in the Mont- '_ gomery District of the Punjab. but Sir John Marshall’s work dells principally with the former and better-preserved remains. These discoveries seem` to have more than local interest. Seals of characteristic "Indus" type have been found in Mesolwtamlll H"- man civilization 5,000 years 1120 apparently stretched from India through Mesopotamia to Egypt, across a tract at least 1,800 miles Fact Vs. Epigram (Toronto Saturday Night) quaint phrase. and he is taken be the first nation to go to the poorhouse in an automoblle" states ill profound and labored parl- Henderson & Gudmore Men’s Wear ¢ : J] where victory is always rather pitiful because of the unequal nature of the fight; with a minor power like Mexico, thc result of which enriched the Union with great states like California and Texas; and with decadent powers powers like Spain where again so called w_ar could only be compared to a husky young athlete thor- Ullghly Pllmmelllllg 0. decrepit old man. War often works out that way; the British have had that kind in the course of their own rough island story. It robs most wars of their fictitious glory. "Authority must in the final resort on. before he attempts to cure you El'BPhS- There is always the rest upon form' but me force I THE LITTLE WAVES OF BREFFNY c grand road from the mountain goes shilling to the sea, a horse and cart; are dearer far to mc, rambling through my heart. great storm from the ocean goes shouting o‘er the hill, on the wind; very strange and still, dearer to my mind. sweep storming on their way, hidden herring shoal; drenched my heart in spray, stumbling through my soul. -Eva Gore Booth. HALIFAX, N. S., Jan. 7-(By The inequality is based. not on wealth or title, but on personality; and that we ought to respect men for what they src, rather than for what they earn, and still less for what they own. » According to the London press, n n"w sales record for the financial year just ended is announced by the Wakefield Company, all-British manufacturers of lubricating oils. This success was achieved in spit? of adverse cond'i.i=:m during th~ p`st year, including intense efforts cn th: pfrt of foreign competitors to capture the English market. Wakcfieida state that they have kept their supremacy by llsinz British lrlcsmen and Brit- ish sales methods. and by placing their faith in newspaper advertis- adilin Nailonai R.a`lways, has been gazettod as Hon/orary Colonel of the Colchester and Hants Regi- ment, Nova Scotia. Sir Henry holds the rank of Major-General on the reserve list of the Imperial Forces, Lieut.-Col. Edgar W. Mingo, V.D. is the commanding officer of the regiment. ing. "People h*vc said in times of depression that they cannot afford to advertise," said a Wakefield official. “That il wrong. We cannot afford' not to advertise. Our faith is Juztlflcd by our sales." It takes the mind back to the c-.ge of that other British firm of manufacturers who, feeling that their product was "sufficiently well known,” stopped advertising-and temptation, consciously or other- wise, for such a man to ta.mP0l` with truth for the sake of making an epigram. R/ogers has given grezt pleasure to his America-n disciples by his recent statement that "this country always wins its wars and loses its conferences". It is improbable that in this instance he relied, as was said of a much grea-ter man, on his im"-gination for his facts. He probably derived his facts from his limited acquaint- ance with the school text books of his native Oklahoma, or the equally iulreliable press to which he con- tributes. There have been only three major wars in which our sister nation has engaged, if we elimin- ate, as we must, the Great War, in which her participation was in a sense, involuntary, and which she did not initiate. One of the three was her invasion of Cirillda ill 1812-15. If this was a victory (as Rogers and other United States writers frequently claim) then the story of the Detroit surrender and the defeat of Queenston Heights are myths. If it was a victory the current geographies used in the United States schools, and which show not an inch of Oznadian territory conquered' or ceded in that war, must be in error. Great Britain was busy in many other parts of the ‘world during that conflict, which probably explains the paradoxical fact thzt the Americans were victorious on water (Lake Erie) though defeated onland, The other two great wars were civil wars, that oi' 1776 as much so as that of 1860. They were wars between people of the same stock and within the same nation. In the first the United states engaged in a rebellion; in the second it suppressed one. One does not de- preoiete the United States by re- ferring to the manifest advantages she enjoyed in both instances for in both she showed great valor and determination. But nations do not ordinarily class their success in arms within their own borders, ss vicwrles, in the sense that they class battles won from other net- ions. Wvilld provide wrliild be internation- ally 0Wfl9d."-'The Aga Khgn_ "War is no longer the private af- fair of belligerent nations."-Frank B. Kellogg. "There is no vain skin to that or l`08l‘0i."-Fannie Hurst. ' -i _ __-_i- llii. L. B. EVANS of London Eng. . Noted Physician, treated sue- l cessfully and obtained per- , manent cures of Stomach Conditions, such as Indigen- tinn, Dyspepaia, Sour Stom- _ ach, Heartburn, Gastric Dis- . l tress and many other ailments peculiar to the stomach with ' is prescription which we have procured and sell under the :mme of Evans Stomach Mix- ure. We alone have the sole rirhts on this prescription and since selling it have received numerous 'testimonials from , satisfied purchasers. Don’t fool with your stom- ' aeh. serious conditions are ‘ikely to arise if you allow volrlell to lapse into a chronic state of gastric trouble. ' Get it bottle today. ¥’r'ee 851:. THE 2 MAGS The other American wars have' went bankrupt. .,,;x,'|°w` ` ul as .1 , _ ` ..,,,,,, ,_. M, _A“`|€‘xQm;'.|,,I_a, ,_ A been waged llsinst the Indians. Mall Orders Given Prompt Attention. Fox Pelts Wanted , _Jacob Kirsh, representing Harry Klrsh of l_VIoncton, will be at G. R. MacQuarrie’s on Richmond Street, Friday, January 8th. f We are in the market to buy any number. of pelts, can also handle a quantity 0_1’ choice pelts, Highest market prices paid for the right kind p ' of pelts. See Kirsh before disposing of your good pelts. G. R. MacQUA RRIE 130 Richmond Street Charlottetown o+o-sooo _ oo-o+¢¢o4¢o+¢ro¢-orvoooo-41 YY .4 Silver Fox Furs Wanted _ Beginning January 8th and days follow. 11183 _paying highest market prices for choice specimens. Interested in all grades. (Signed) ' ELMER SHARBELL, 04444+o I I 11400-1-8:15 04-O0-O l l, ll, I Snack 1 ` f l , lx ` 1 Q -. ` - o --at __ _-~. '-9 59 Water Street{\"