DECEMBER _;'_l9_4.7 Ea’, M egeeoeeae Liberal Meeting AT O’LEARY THURSDAY, DEC. 4, ‘i947, AT 8 PM. §P¢uk6fSZ-—H0II. G. H. Barbour’, Forrest Phillips, Fred C. Ramsay, H:ctor Richard and others. LIBERAL MEETINGS D“ 4_O'Leary Dec. 5—Palmer Rodd D,“ g-Albcrtcn p“, 9-5t. Anthony's-Bloomfield. Addresses by the Liberal candidates and other prominent speakers. LIBERAL mssrllles in ousslls ‘ HOPE RIVER-THURSDAY, DEC. 4 lRlSriTOWN—FR|DAY, DEC. 5 BRADALBANE-SATURDAY, DEC. 6. BONSHAW~MONDAY, DEC. 8 . have the essential basis of material . serious problems.th0ugh they are r ~ grim GUARDIAN. CHARLOTTETOWN Gnerai Manager Bank ilova Seotia Annual Address 1i I "Canada la one o! the few for~ tunate countries whose production is large and whose capacity to produce has much expanded." said Ml’. H. D. Bllrnl, President of the Bank o! Nova Booth. at the One Hundred and Sixteenth Annual Jvleeting of the Bank today. "We welfare - high production and rising capacity to produce - which is lacking in so many other count- ries today," At the same time Mr. Burns pointed out that Canada has some of course, much less acute than those of Euro-pean nations. "The world economic crisis of 1947, and Europe's diilficuities in particular. are all too faithfully reflected in Canada's trading position _ in our inability to use our large trading surplus with the rest of the world u.- cover our large trading deficit with the United States. While a heavy loss in our foreign ex- change reserves was anticipated during the transition period. it was hoped that the countries which we were assisting with credits would experience a sufficient re- iovery to permit them to finance J. A. GILLIES gressive Conservative in bank lending". said Mr. Enman. “representing as it does greater activity for many borrlrwers. largo an increasing proportion o! their “d Emmi “ml the “pllearallce Cl purchase: from Canada Wm‘ com many new business . ..At the same vertible exchange and with g, larger Mme’ we calm“ lglm-"e the l11' return liow of goods. The events flatlonalll’ lendencles l“ the bus‘ o, "can, months have made “i mess picture. While we are always perfectly clear that such hopes are‘ ready l° “m” “Vi-‘Ppllllle all‘ still far from realization. Mean-l "we" l” Well “llcelvell pummel‘. while the deficit in our trade lwith l" slwllld l" falllns 1" our res- the United states grew to suchl ponsibilities if we did not attempt proportions that remedial measures l” ‘llsmllrage lmllwlers “ml Pms" became urgently necessaryy ipective borrowers who aplpear to “There M“ be few who Wm we}, be extending themselves unduly. come the restrwtive program, and °l' ll We l-“lllel-l a bllllll 9Y9 i0 it is certainly to be hoped that 11",”? accumulation or his“ val- thosg industries which obtain un- "mm" °l' lllY°"l°l'l°5-l' expected protection will keep thelrl Mr. Enman said that he believed prices as low as possible . . . Whilel llllll lllele w“ a g°°d deal l0 be the restrictions may seem severe slllll l“ "Hamil-ill 1° flfilllew \ PROGRESSIVE CONSERVATIVE ' CANDIDATES to an end the isolation*of the “Forgotten District.” CAPT. J. i. McDONALD Third District Queelfs ~- Election of Pro- Candidates will bring “Third Queenfs” as Women’s institute Meetings (Continued from page 19) Officers for the coming year are as follows ire-elected): Pacsident: Mrs. Gordon Cotton Vice-Pres: Mrs. Kenneth Rob blec. Secy.-’l‘ress.: Mrs. Stanley May- heliv. Directors: Mrs. Leith stordy Mrs. Park Francis, Miss Elsie Francis. Auditors: Mrs. Mrs. Lew Gamble, New committees appointed we“; as follows:_ School: Mrs. Lewis Francis, Miss Elsie Francis. Sickl Mrs Lew Gamble, Mrs.‘ Lewis Francis, ALL MEETINGS AT 8 Signed: some businesses. there can be no question of their necessity." Mr. Burns went 0n to say that ‘and will cause real difficulty for‘ Stanley Mayhew. Programme: Mrs. Park Francis, Mrs. Gordon Cotton. It was moved and seconded that some reduction in the national debt in the present circumstances of high activity. He pointed out that there had been little ieal debt W. F. ALLEN STEWART. FRED'K. A. LARGE FNQnlWQ-il To The Eleotorsiif 5th Prince The Liberal candidates for Fifth Prince take this oppor- tuniiy of soliciting your support at the forthcoming Provincial Election. . Remember that the Progressive Conservative opposition, which is now_ seeking re-election, is the some party, with the some leadership and largely the some personnel, which was in power from i931 to l935—four years of unemployment and depression. " ~ l i 0o you "wisvto: return, those candidates? ll not, vole for tile Liberal Government which has estab- the most important part of the 1'°fl“¢ll°" a5 Y" bflallie the de- exchange program is its construct-l clllle l" the 81°55 d?“ W85 lflrlzvli‘ ive side. The Geneva Agreements. mllifillfid by the 1°55 0f cxcharise which include an early and sub- relerves- "U B113’ Slglllllcalll’ 19" Manual ‘mung dawn o! the U_ 5_ ductlon iii the national debt is to qrrifyyrqnreseny an tmportantflrsn be achieved. it will involve the step, "The propospl that, the United maintenance of something like the States Administration has made to Pmselll- level 0f lBXBiiOII BS Well congress w perm“ use of Marshal] as vigorous efforts to keep ex- Plan funds in other countries than Pendlwres down so ions as ec- the United may“ wjlL when 1m- onomic conditions resnain- highly plemented, much improve our ex- llivmlfliblfl" . change position, Diversion of ex-l "If "WW l! any b81515 ill reality of cyclical budget- ports to ‘hard currency markets f°1' llle H1901‘ will also help and the incentive iux- new ls t e time for creating payfiwnj on additional gold pron surplllses, Tax rctiuctlon and larger duction should stimulate grerterl Cliiilllil (llfpenliibilrfs by SOVPPH- output of this major exchange-pro- merit bodies, however desirable duciiig commodity, I now. would obviously be even more‘ "Much, of course, will depend on helpful and effective iwilen busin-l the development o! plans [or ex. css conditions arc loss active." pension of Canadian eicports to thej M11 Ellmfill EXIFlT-‘fised N10 Vle~V United States and for a 1OJTTCH§€'l m“ lmlglallll" Pllllfy Could be, fnent of production and markets Pllilled "911 111°"? vigorously. "Itl of industries which are heavily de-' seems to me that if we are ever. pendent on imported components.’ $0 efllflrge the humcn~ base cf our and materials from thc United‘ 190110111? more rapidly than ihc state; _ _ fphere 1; mum Qyjdgnge birth-rate makes ‘OSSli/lC. this is we hold our meetings on the firs‘. I Thursday of every month as be- fore. - It. was moved and seconded that all bills be paid. It. was also moved and seconded that Institute open a bank account | Mrs. Lew Gamble invited mem- ; bei-s to meet at her home for next cheating. Meeting adjourned and lunch ' was served by the hostess. I BORDEN W. l. i The annual meeting of the Borden Women's institute was held in the town ilali on Monday November 3rd. Meeting opened by the Institute Ode. Roll call was answered by fourteen members. Minutes of lasi annual, regular nlid special meetings were read and approved. Card comittee reported total receipts for October $26.75 and this had been expended for prizes. It was decided to hold Joint bingo parties vxiih ihc Legion. New school comillcc appointed for lllshcd a record of efficie nt administration, progressive pol- l, icics, and increasing prosperity for the people of the Province. of a co-opcrative atftude on the in these circumstances bold and part of our southern neighbour and stressed that it could not be celldllllly lllfl’ time i0 do it." H0] moliih of Novciilbrr were ‘iirs 85'ID“' dM. . - sumed that conditions would ai- 01505 an rs 0Z0“ The follow Voic Libcrol on December llth, and put 5th Prince back liI lillc. CARROL DELANEY LORNE H. MacFARLANE. 0309s to ills ' E L E C T U R S ' g or l OHARLOTTETOVIN and ROYALTY We have been nominated by the Progressive Con- scrvulivc Party to contest Charlottetown and Royalty in the Provincial Election to be held on December l". '-, I947. , imaginative plans have good proa- ways be ls favourable as they pects of success." lnow are for obtaining immigrants The other major problem which‘ 8nd f0!" absorbing them into our Mr. Burns stressed was that of in- economic llfc. creasing prices and costs. He. noted that in connection with subsidy removal. we had, sooner or later "to face the fact that cotton and vegetable oils. and milk and bread. cost far more than was reflected in our cqnsumcr prices." He added, “ s however, that removal of subsidies‘ Tonnevemmf- accounts for only a part at the lea, rub throat, s‘ advance in prices. "The truth la that chest andoback the cycle of rising costs and prices "ml “.1 has continued upward as higher pslcea and wages have acted _ controls have been removed, and» . . above all. as external prices have Referrin to the continued ad-l vance in pr ces in the United States -—-—— sale price level to almost double, of the Progressive Conservative pro-war. Mr. Burns stated that‘ Pa"), Wm b‘ held as fouws: to the lessons of the past. "It would surely be most. sl-lfDrlslM ll "19 and re~acted upon each other. as contlnuedto increase." » which lied brought the U. s. whole- Public Meetings in the interest serious attention should be paid ST. PETER'S, FRIDAY, DEC. 5 mg officers were then appointed for the following year. . President - Mrs. Neil Darrach, Vice-President -- Mrs, Dorsey. Secretary _ Mrs. Toombs (re- elected). Directors Mrs, _y_ v, M“. Donald. Mrs. ~ A. G, Chappell, Mrs. W. A. field. Auditors -_ Mrs. l-lannigan and Mrs. Chappeii. On motion it was decided to send $5.00 to the P. E. I. Orphanage. $5.00 ta st. Vincents Orphanage, 16.00 to the T. B. League. $25.00 grantto the Town Hall. A Bingo Committee was ap- pointed consisting of Miss Mildred Stewart, Mrs. Lpona Cameron. Mrs. J. O. MacDonald and Mrs. Hannigan, Mrs. J._ V. MacDonald was appointed to interview Roah Jay about organizing the Girl Guides. Meeting then adjourned. —a— BAC KACHE present pattern of demand. which 8 P_M_ M‘ . ' ' ' - f. in large measure reflects the Y As ii_will be impossible for us tosee all the vo deatrucflom dislocation and pa"; ‘ MORE“, TUESDAY, DEC. 9 B. b" "h" "5. we will take this means of soliciting your votes d d. esuitin from the flfl ‘"11! lien-l!" n and su t ' ll | f' (l thank ou sincerel pone nee r m. T ~ars to a ll-M- m flmbflwumudd"dw h ‘h ppur in t ehahec l0ll,htlll . ‘YE h", i: g’; 31ers to ms or )9 b, spa-hm. _ a I . - VI {HQ ___ ‘he paestsupport w ic you ave Qiven I! “n ‘emu ,3 the" “a370,! track"? llércgrrdilszdhMr. shgiltog calla eiiiselrulle; ' . 1' o n uestonng S con _ palnaordieiusbedreet. ‘for lvgltlalllqg the as- King's olnd other eake ‘ll °'-"'l""“.""l"l°ll"°'llslll=illlllishl w J r MoeMlLLAN M o cm. ..........~...- h... prices will continue a“, ' H, -“’ "' "' M ml- -=i M. .- ii- ha... ' ' ' ' ' l’ l upward indefinitely or level out C" . mum.“ a‘ . V‘. w "ll "l"- MAJOR D. L. MATHIESON, LL.l., ICC. wiiea-tiiieyiarerlochedtizellrkgzsggrfioth: i‘ "l4"! "-01- m emtp ss p ‘ and prices as low as is i l“ . if ' ________} * 2y accumulation of in- ' l :::.':’:l":.r.':: i;’°..f.‘if.’;...‘.¥i°1l..‘ii‘ Il- ¢- F- l Pllblie Meefina w I believe, be ‘acting in the manner . lenillly. l0 TllE slseiolls or: clllllllorisiowll Allii ROYALTY We have been nominated to contest Charlottetown and lvilir on December Ilth, in m interests of the Liberal titty, - ' leiere that dato we hope to be able to eae you all P"- ll. however, it Is impossible to see you all we take ll" ‘liliwrtunity to solicit your support. Thank you. ~T. WILLIAM L. PROV/SI. 4 F. CHARLES DOUGAN, DMD. “‘““Hue4 e+e+e+ee+»ee store." beet. calculated to face whatever changes the future may hold in Mr. Diman, General Manager. reviewed changes in the Bank's buaineaa and "in Oanadian financial developments. He discussed the further notable increase in bank ~ loana and observed that it reflected amending business activity, further mplenishrnent o: invent- ories and higher prices. "Another THURSDAY, DECEMBER 4TH AT 8 PM. ' Speakers: J. ~W. A. Nicholson, Honorary President, Nova Scotia, C. C. F. C. C. F. Candidates for 5th Queens SIIARLOTTETOVIII , , , vary important factor which has ' increasingly contributed to the growth in bank lending has been > the utilisation of liquid corporate reserves to finance expansion and improvement prwrams." "We welcome this notable upturn Political Meetings m... nanny. Dee. e ventral Iedeqtse Friday. Dee. I ' lpeaaem Water. Ieenbl. W!!!" -r---------- .-aar--‘--------.r-. ‘ALLA --.. ee-e -1 v ¢vv v v . v vv VT.- » lllbea-al ‘Addresses This Week Over c r c t Frldoy night at nine o'clock-Premier J. Walter. Jones Saturday night at 7.4S—Hon. George H. Barbour.‘ ‘0-040000-000-000-00000-004-00 I000 O0 00-00-0-0 0 0-00 040 0 0 0 0 0 4 0 i l 0O PAGE TWENTY-ONE ‘ I FARMERS! DO YOU KNOW: that you are to be heavily taxed for your last year’s labours? ERE ARE, THE FACTS YCll Klliillll: that large numbers of Income Tax Investigators“ have been kitldGd to the already over-staffed income tax Office‘? You allow; i that these Investigators have demanded from Produce dealers complete information, including Names and Prices paid, 0f all produce purchased? Yfill KNOW: that if this information were not given, the books and records would be seized by these Investigators’! You KiiiiW: g that all Farmers Will now be hounded to produce their own records and file Income Tax Returns YOU KNOW: that HEAVY ARBITRARY ASSESSMENTS will be made if the Farmer cannot produce his records‘! THIS is THE LIBERAL WAY but _ TllE PROGRESSIVE CONSERVATIVE PARTY STANDS FOR A SOIIARE DEAL FOR TllE FARMER j Please Read Carefully PLANK 13 of the Progressive Conservative Platform TIL-INCOME TAX - The Progressive Conservative Party will advocate the substantial reduction of Income Tax Assessment against the earnings of bona fide farmers, fisher- men, small traders and employees in low wage and salary categories. Wo will insist upon the immediate termination of all arbitrary and absolute powers now exercised by the Regional income Tax_ Office Administrators, and that competent Adjustment Courts shall be es- tablished in lieu thereof to which income Tax dis- ’ putes can bo referred for unbiased decision, and that such Courts shall be located so as to be accessible to the taxpayer without undue inconvenience and ex- pense. We will furthermore demand this service be mode FEGSDIIOUy retroactive, in order that injustices already imposed, and ostensibly finalized, may be made subject to review and fairer settlement. VOTE PROGRESSIVE OCIISERVATIVE! ~ ' TIME FORA OIIAKZZ!