MAXIMS OF A MERCHANT For economy's sake make frle patronize him. ' nlluul ltlulnmrlpfionli Dellvurnll 3.1.00 ly alull, Cluuulu llllll U. S. A. 54,50 illl lIEPiilY iN ll l E l, ppointee Has Had Thirty Years Ser- vice in Fisheries’ Department. TTAWA. Julv 14-—Tlle Minister Marine and Fisheries announced t evening that, on the recom- ndution of the Prime Minister, order-in-counoil ha.d been issu- , appointing W. A. Found, Dep- \ Minister of Fisheries. The ap- intlnent, the Minister said, has ll lnade in accordance with the [I13 of legislation proposed dur- , the parliamentary session of 7. The creation of his position s one of thrrecommendations tained in the report of the so- led Duncan Commission and the iolris in fulfilment of the under- king by the Government to carry. t the recommendations of tllat' mllnission. i r. Found joined the fisheries, rvicc some thirty years ago at the lne that the late Sir Louis H. ivies was Minister of Marine and sherles. He has in the meantime iquired a most comprehensive usp of all phases of the fisheries iustry. l-le has for many years, the position of director of fish- es, been chief adviser to the De- rtlnent in all matters affecting e fisheries. He is by reason of c extensive knowledge thus ac- ired admirably equipped for dut- . oi the new position to which he s been elevated. The Minister added that the estion of further reorganization the department would be taken - just as soon as he would have opportunity of consulting with s colleagues fronl the several pro- lces all of’ whom, without excep- il, are interested ill the develop- lllt and conservation oi fishery ources. i i >__. nnouncements, Coming Events, Meetings, Etc ‘ROBIN HOOD FLOUR now pro- nhle in Gingham or cotton bags. Grocers. 7-14-11‘. ‘Buying live hogs and lambs at lerllld. July 17th, Tuesday fore- n-Evcrett Hashim. 6768-7-13-31. ‘Kelly's Cross when he asks you 01-0 you wish to go on the 18th. to old Kelly's Cross. ‘inc Cream social and dance at a School district, St. Peters ad, Monday, July 16th. ‘See Finnigans Fortune in B. I. flail, Souris, Monday. July 16th. Little Pond Dramatic Club. 0790-7-14-21 ‘Wiltshlre Club loading h0g5 - lambs Thursday morning, July‘ till 10.30. E. N. Easter. / ‘Taking hogs. lambs, sheep at crald Wednesday, 18th, fore- n. Last shipments paid 15 1-4 on lambs. D. N. McKay. 6791-7-14-21 Meet your friends at the Straw- .V and Ice-Cream festival on sday. July 17th at New Glasgow l. If not fine the following ht. 6793-7-14-31 ‘Notice don't miss that ring this special picture. French cr Tuesday. Crapaud Wednes- . Borden Thursday. _ 6845-7-15-fi. Come to big lawn party at West er Bridge Thursday. July 10th. d and other amusements galore. ches and other refreshments. Come to the loe cream social l" e Valley Hall Tuesday evening. l7th. t Il. Come to the ice cream festival W. J. Gibson's field Monday. i 16th. Tea and sandwiches- eeds in aid of W. M. B. of shfleld - Dunstaffnage United rch. If not fine, next fine day. 6653-7-13-21 The opening meeting of the lcs‘ Auxiliary will be held in the stunt 0 bonnie. Mt. Herbert. \' 17th. at p, iii. ted are urged to attend. ‘"1 at with the reputable merchant am: F ii ii ii ifiiliiillll Iii rte Peters Bay H9133 ; nds i WINNIPEG AIR I RilllTE (Slwclal to the Guardian) OTTAWA, Ont., July 14, _ sup- veys are being carried out at the present time looking to the estab- lishment, next spring, of a daily all" mail service from Montreal to Winnipeg. A vote of money was puti through the House of Commons a few days prior to adjournment to defray the cost of such u survey and the Post Office Department has lost no time in getting to work. Ah-earlyi a great deal of the initial work has‘ been done and a large amount of information has been collected. Next week a Royal Air Force pilot will leave Ottawa in an aeroplane to fly the actual route. He will proceed from‘ Ottawa to North Bay, thence in Cochrane and then west to Winnipeg. 1-Ie will look over the territory for the purpose 0f determ- ining whether hydroplanes would be. more suitable than land planes. and he will also examine the ground for landing fields. These will have to be located every 300 miles apart to provide for forced landings. At the present time the post office is pay- ing $1.25 per mile for the air mails in Eastern Canada, but it is believ- |ed that the Montreal-Winnipeg ser- vice would bg daily and that a low lrate would be paid. Ilstilnated at '75 cents per mile, the cost per trip would be $625 and it is thought ‘that sufficient mail could be ob- ,iaincd to break even at this rate. The department. of course. will not ‘put m1 the service but will call for ‘tenders. It is necessary. however. to ‘have complete information in re- ygard to the route in order to judge of the prospects of success. -—r~————ii~)—"x iFrance Accepts Kellogg's Terms (Special to the Guardian) PARIS, July 14. -— France's note accepting the United States pro- posal for an anti-war treaty among world powers was handed to Am- bassador Herrick today and will be forwarded to Washington tonightlvll will be published Monday. France agrees to sign the treaty proposed by Secretary of Stale Kellogg. Her note of acceptance announces that the government is satisfied with the draft tleatys preamble and ,Kellogg‘s note explaining it. How- ever, the French note emphasizes that obligations assumed under the League of Nations convention must (remain intact, especially as they concern measures to be taken ‘against a country that attacks an- other. i i-i-{Oii-i ‘ (m: Drama For. unseat-us Remains FiRM; i i TORONTO. July 16-~M“Yl""‘° moderate southwest winds. Dull-ll? cloudy with fog. PossiblY 5 m‘: scattered showers. Tcmllflffltlll‘ mucll the same. Toronto. tloudy ~ - ~ - - - - - - ~ "Mpg: Montreal. rain .. . 82- Quebec, rain . . . . .. New York. cloudy High tide thilslomorh and tonliihi» fli- - - Sun sets this evening M 7-47 “ml ing at 0.14 in t 4.25. 12.11 a. m. u}! Summerside tide clziltceh mm" later than Charlottetown. festival Mi.‘- . "Band in attendance at Manh- in m. w. .1. Gibson's field. om. m“ “ma” evenms l sau-v-ls-ii , 283 out of . 70-00 r Tile Ppe ' Paper MAXIMS ' or A MERCHANT ii Covers PlinceiEdward Island Like the thew Burke Takes, Second Honours In Shoot For Kings Prize (Canadian Press) BISLEY CAMP, July 14.—-Lancc Corporal A. C. Hale, formcrlv of the King Edward School Officers’ Training Corps, won the King's prize this afternoon with a score of 300. Lieut. Desmond Burke, Ottawa, was second with 280. He was also second last year. The King's prize is the highest hon- or ill the empire for markmensllilr; comprising a gift of $1,250 by His‘ Majesty. the national riille associ- atlolls gold medal and gold badge. second man receives the national» rifle association badge and $250. Tile total prize money was over $6,- 000. The King's prize has been won by u Canadian on live Occasions since its institution in 1800. Prince George I Appointed To H. M. S. Durban (Special to the Guardian] LONDON, July l5.-The Admir- alty announced tonight that Prince George. _the King's young- est son. has been appointed for duty aboard H. M. S. Durban and as in- terpreter in French. The appoint- ment is effective from July 28. The Durban is a cruiser on the Ameri- can and West Indies station. The Prince has been Lieutenant in the Royal Navy since 1926. --—»~—-—~<ac-—--__ Lost Explorers Discovered In . Arctic Ice Fields KING'S BAY. Spitsbergen. July l4.—-Thc frozen Arctic, against the greatest odds. today started yielding; up the men believed lost within her interior for weeks and months. Al- ready nine men have been taken from the ice infested area, while the big cutter Krassin today pushed for- ward attempting to locate more of the men on the (lirigibie Italia, lost since May 25, or their friends. The last two men rescued were Captain Sora. who led a Cllasseurs‘ groulflinio Northeast land in search for one of the Italia groups, and Seji Van Dongen, his dog sleigh driver. These two Wl‘,i'(.’ rescued late yesterday by the Swedish airplane Uppland. the giant plane sent to. the north by the Swedish govern- ment and the Finnish airplane piloted by Captain Sarko. --_-¢+q»-i__ i TIIE MARKETS (Canadian Press) MONTREAL, Que, July 15. —Ex- trcme dullness marked the export trade in Canadian grain here Sat- urday notwithstanding the iact that local exporters offered wheat in all positions at lower prices. There was some demand from New York ex- porters for Argentine corll and a lot of 40,000 bushels was sold at $1.09 per bushel c. i. f. for shipment to the United Kingdom through this port. The carlot trade in oats was quiet and prices were unchanged. A moderate amount of business was done ill spring and winter wheat. grades of flour and prices were firm. The trade in all lines oi mlllfeed was qllict but the undertone to the market was steady. The movement oi‘ standard grades of rolled oats, was small but prices were unchang- ed. The demand ior all grades 0T eggs continued good and values were well maintained. The receipts Saturday were 764 cases. The de- mand for all grades of eggs continu- ed good and values were well main- tained. The butter trade was again of a disappointing character and the undertone lo the market was easy. Tile receipts were 3,840 pack- glles. The cheese market was with- out ally special features to note. The receipts were 12,089 boxes. ‘ Z ‘z Condensed Specials RATE-Ac per word, net each insertion in this column. 444cc» 0o 0000-04004040-‘0 , n scar lmon , 10-00 gttalllgltitneultlli . 76-61 stall-fed cattle. Blunders. New- Boston, cloudy -- 5°"! 5‘ c“ 5'84,’ __________ "FBRTIBIZER FOR SALE. POTASII in 200 lb. sacks selling at half price. Now is the time for potato growers to purchase their potash for next season's crop, one chance in a life time. We have also at the Railway Wharf a limited quantity of rough fertiitrer which we will sell at $6.00 per full cartioad. if you can get in touch with George McDonald at leach Grove inn. This opportunity is only good until July 21st. CI-IARLOTTETOWN, CANADA, iPilTAIll iiRlliiERS Hlilil , ANNUAL MEETING PicnicAnd Meeting 0 Record Attcndan ectors lie-elected. Boulten-Address Between fifteen hundred and two thousand people attended the an- iim "f Wmf-‘h B" l“ the whlllel" The nuol picnic of llle Potato Growers’ held at,the Experimental Farm on Saturday morning. This was by far the largest attendance since the As- lzoclation ivas formed. Rain, so long threatening, held off until the even- ing and the large number present thoroughly enjoyed the occasion in renewing old acquaintances and making new ones. The picnic was held in the large grove adjacent to the farm buildings where the pie- nickcrs were waited on by the farm attendants. During the earlier part of the morning, many of the visitors avail- ed themselves of the opportunity to inspect the tuber crop of the farm. Demonstrations were carried on by the Inspecting staff of the Associa- tion. It was jocularly remarked by many that the Association must be in a very thriving condition, judg- ing by the large number of cars, many of them new ones, parked on the premises. AFTERNOON SESSION In the afternoon, a business meeting was held in the Strand Theatre. The President, Mr. J. .1. Trainer, occupied the chair, who thanked the members for the large turn out. The Secretary Mr. Boulter then rend the minutes of the previous animal meeting. There being no ob- jiffltlOllil, they stood approved. He then read and explained the financ- ial statement. It was as follows: FINANCIAL STATEMENT For tho Ycar Ending June soul, 102s ASSETS Accounts receivable: Local Distributors, Ledger N0. 1 . . . . . . . . . . . . . . . . .. $40,262.68 Foreign dealers‘ Ledger N0. 2 . . . . . . . . . . . . . . . . . . . . 13,236.93 Growers‘ Ledgers . . . . . . .. 5,596.96 Spray Materials on hand 4,560.42 Insurance claim due 8,000.00 $71,656.99 LIABILITIES Bank Balance, Dr. . . . . .. 32.71245 Due Growers .. 1,021.42 Credit Balance . , . . . . . . .. 37,923.12 $71 ,656.99 1 Credit Balance—$37,923.12. - strongest farmers \ lnent. .mentloned the similarity between MONDAY, JULY 16, n Saturday Draws eta-Officers And Dir- _--Rep0rt 0f Secretary _ By Mr. Peppin. SUMMARY or ASSOCIATION WORK 1,367,500 bus. Potatoes 32,944 bus. Turnips . . . . . . . . . . . . . . . . . . .. $1,155,306.70 28,304 tons Fertilizer 748,571.44 Insecticides . . . . . . . . . . . 84,900.40 Bags . . . . . . . . . . . . . . . . . 118,146.74 sales, Graders dz Tags 6,421.64 $2,113,346.92 In the course of his remarks, Mr. Boulter stated that they had re- ceived an overdraft at the bank on occasions oi over $300,000.00 iwlth-i out the scratch of a pen-excellent testimony to the high place whichi is accorded to the credit and the stability of the association. Mr. Trainer, explained the reas- ons why the directors had deemed it best to have external auditors ap- pointed, and told oi his part in the matter. He mentioned that next to the Western Wheat pool, the Potato Growers Association was the organization in Canada. lie then introduced Dr. Archibald, director of the experi- mental farms of Canada. to the meeting. Dr. Archibald then addressed the meeting, in the course of which he said that while he did not have the opportunity to visit the Island as much as he yvished, yet through the work of Mr. Clarke and Messrs. Peppin and Hurst, as also through the illustration stations he kept in close touch with agricultural ac- tivities here. The growers of potatoes in Prince Edward Island deserved special congratulations alld encourage- I-‘irstlyfitlley had. in the face of markets not so good as last year put 5 or 6 thousand more acres under certified seed. Secondly, they had improved the quality of‘. Dr. Archibald expressed himself as particularly pleased with the growth of co-operative efforts in this province. The efforts oi‘ Islanders in Po- tatoes. Foxes and Poultry products he held to be an excellent "example to farmers in other products. He the growth of the western wheat pool, and similar organizations dealing with the different products of this province. The growth in both cases was slow, steady and ifiiiiiifillihiii healthful. ERBE T GER _' of affairs. Compliments were extend- MIiIiIfBIliMER Big Interests In 0 Now Has Second (Special to the Guardian) TORONTO, Ont., July 14. -— The Standard Bank oi Canada l3 to be taken over by the Canadian Bank of Commerce. The directors of the latter bank arc offering each share- holder of the Standard Bank of Canada stock in the Canadian Bank of Commerce, share for share, and the consent of the Minister of Finances has been obtained to n merger on that basis. Shareholdels of both banks have to endorse tho proposal before the merger is fin- ally effective, and these meetings will be called at an early date. Exccutwe officers of the two banks foresee no obstacles in the way of a final consummation of the merger by October 31. Shareholders of the Canadian Bank of Commerce are expected to approve the decis- ion of the Chief Executives, as sum approval has always been given in the past whenever bank directors have made similar airsngemento. So far as the Standard Bank share- holders are concerned. officials be- lieve that there will be little dlfli- Absorbs Standard Bank Of Canada With Branches In Dominion. litario.» Commerce Greatest Number Of shares were quoted at 260 5-6. holders is the fact that the Can- adian Bank of Commerce pays an annual dividend of 12 percent. plus a bonus of 1 percent, while the Standard Bank has been paying 12 merger is finally completed by Oct- ober 31, as expected, the assets, lia- bilities and earnings of the Stand- ard Bank will probably appear in the financial statement of the Can- adian Bank of Commerce for the year ending November 30 next. By this merger 6100.000001] of assets will be addui to the $600,000,000 of assets in the possession of the Can- adian Bank of Commerce at pres- ent. instead of the 569 branches. as at present. the Canadian Bank of Commerce will have. when the merger is completed. 815 bank branches, most of which open new territory for it. The official state- ment made by the Presidents of the uniting banks states that only 42 of these banks will be duplications. On discussion of the matter with culty. as Canadian Bank of Com- merce shares were quoted at the officials of the banks concerned. they think that some of these dup- Another attraction to such share- percent, but without a bonus. 1f the 1928 Elevated Roadway T0_ C0st_ Fifty Millions Planned (Special to the Guardian) ATLANTIC CITY, N. J., July 15. —A $50,000,000 double decked steel and concrete elevated roadway stretching between Atlantic City and Philadelphia will be under con- struction in 30 days, according to word received here. The roadway it is reported will be built by the Pennsylvania Railroad and other interests. The first deck of the roadway will be used by the rail- road for a new high speed combin- ed gas and electric car. The speaker treated briefly of les- sons to be learned from agricultur- al countries, 1n the old world par- ticularly in Europe. He mentioned especially the Danes as being not only excellent dslrymen but also first class all round farmers, In Denmark, co-operation is very highly developed in all the pro- ducts of that country and few lessons might perhaps be learned from them. ' So, Dr. Archibald thought, they might well extend co-operation to the live-stock and other industries of the farm. He emphasized the importance of live stock as an ob- ject of agricultural endeavour, and said he would not like to see this important phase of agriculture suf- fer as a result of the development of any of the cash crops. He went on to explain that the object of this system of experilnent- al farms and illustrative stations was to help the agrlculturist and he pleaded for their interest, their constructive criticism, and their support financial and other wise, in order that this work might be made even more efficient and more widespread than 1t is today. In closing he thanked the mem- bers for the splendid support which they had given the farms in rec- ent years, and expressed the hope that the expe mental farms would be able to help the farmers even more in the future than they had clone in the past. Mr. Trainer thanked Dr. Arcl1i- bald for his address, but at the same time protested, in the name of the assembled farmers against the charge for inspection services which it was proposed to impose at the rate of so much per acre, to be- gin in 1929. Dr. Archibald in reply stated that he appreciated the force of Mr. Trainer's remarks. He thought the massed expression of opinion might result in the minister of agriculture getting an increase in his appropri- atlom-whlch was so far quite small in comparison with that of other departments of the public service, it being only 2 per cent. of the tot- al budget of Canada. At the same time, he pointed out that, all other forms of commercial in- spection were charged for, as for instance live stock, dairy products and wheat. Mr. J. C. Moran then read the auditors report. It stated that the Financial statement was correct, and represented the true condition i i ed to the lnanllgeme it, and partic- ularly Mlss Vaughan, the account- ant, for the excellent way in which the accounts had been kept. On motion the financial state- ment and auditors report were adopted. Mr. Boulte then brought to the attention of the meeting a propos- ed by-law providing that one di- rector from each county be retired each year, there being nine direct- ors, three fol‘ each county. The re- solution also provided that the re- tiring director be eligible for re- election. 0n motion, carried. Mr. Boulte then went on to pay a tribute of praise to Mr. John B. the resolution was for Prince County. who was not in good health. He also spoke of the |excellent work on the part of Jvlessrs. Dewar and E. B. MacLal-en retiring directors for Queens Coun- ty snd Kings County respectively. Mr. J. ll. Myers expressed the sorrow of the meeting of hearing of Mr. MacFadyeNs serious illness. While all hoped for his recovery. yet the speaker feared he would be unable to take his accustomed place. He spoke thus, as he came from Queen's County, were he from ces will so on be taken up, thus leav- ing only about 20 which can really be considered as seriously conflict- ing. As the great trength of the Standard Bank was in Ontario, the merger will almost double the strength of the Canadian Bank of Commerce in the banner Province of the Dominion. By this merger the Canadian Bank of Commerce becomes the second bank in the Dominion. so for as number of branch banks are concerned. the third largest in the Dominion so far as total is are concerned. we v10" 0! M61118 0h the market yc-‘i-liicatmg banks are in growing com- the third largest in deposits and the fast a your I Go slow and you'll be sure; I" nd the chances are it may b0 ast. Jl C harlot! etown llonllng Guardian, PACKERS Miiiii nan olllcl Til llllolln (Special to the Guardlani OTTAWA, July 14. — Canada‘ Packers Limited, has notified the Secretary of State of its intention to change its head office from Montreal to Toronto. “It is Just a matter of internal policy," E. G. Fox, of the William Davis Co., told the Star. "Like most amalgamat- ions. Canada Packers Ltd., was or- ganized hurriedly and Montreal was selected as the head ofllce, but with no idea of making it necessarily the permanent location. After further consideration it has been found that Toronto would be a more con- venient location, so the head omce has been transferred. That is all there is to it." The Companies in the amalgama- tion were: Harrls Abattoir Co., Ltd. Gunns Limited, Canadian Packing Co., Ltd, and William Davies Co., Ltd. All these companies had their head offices in Toronto at the time of the amalgamation. Prince County, he would propose his name for re-election. Mr. Thomas Wright, M.L.A., also paid his tribute to Mr. MacFadyen. and suggested that his name be brought forward for re-election. llon. Walter M. Lea expressed his agreement with what had been said by the previous speakers of Mr. MacFadyen. He proposed Mr. Mac- Fadyens name for re-election as director for Prince County. Mr. W. ll. MacG-regor seconded the nomination. On motion of llon. J. A. Sinclair Mr. Dewar was re-elected as di- rector for Queen's County. On nomination of Mr. D. P. Mac- Kinnon, Mr. MacLaren was re- elected as director for King's County. . Mr. Boulter then presented a synopsis of the year's work. He ex- ,. 5. Elli? IMPUSLQ DUTY. Guardian Two Ioun Canadian Gypsum to be Taxed — To be, Appealed by Im porters. ' (Canadian Press) WASHINGTON, July 15. — The decision of the U. S. Bureau. of Customs that crushed Eyilsum hit- herto admitted, free as crude gyp- sum is henceforth to be classified as “ground gypsum" which is duti- able at the rate of $1.40 a ton. will be appealed by the gypsum import- ers at an official hearing set for Friday, July 20. As yet the change in classifica- tion has not been officially gazett- ed. If the ruling of the bureelr of Customs is sustained on appeal, the new classification will come into effect one month from publication. The threatened change in classifi- cation will be tsntamount to the imposition of a prohibition duty upon imports of gypsum from Can- ada which is the principal foreign‘ source of supply. At the present time some ten percent of all sypsum used in the United States is imported from Canada, principally from Nova Scotia. In 1926 Canada exported 547.000 tons, more than half of the total production of the Dominion, to the United States. If the pro- posed classification is upheld and the present U. S. Tariff remains unchanged the United States mar- ket will be virtually closed to Can- adian producers of gypsum, for the effective specific duty of $1.40 a ton is the equivalent at present prices of an ad valorem duty of 75 per- cent. During the past year the Associ- ation has operated in its own offic- es, and included in the expenses is the cost of furnit . This furniture is now an asset, s d the expendit- pressed his pleasure at having the accounts audited, and at hearing the report that the auditor had made, and announced that ar- rangements had been made next year to have these same auditors make a monthly audit. He told of the pleasure the auditors had ex- pressed at the completeness of the accounts. He had asked the audit-y ors for suggestions as to improve-v, ments on the system which they office staff had worked out, but at the end, when the auditors had} gone over the work. they could suggest nothing. - He then proceeded to trace the- growth of the business from 1923‘ to 192B quoting statistics, and went on to say: “It is a pleasure indeed to meet the members of the Potato Grow- able to realise the development during the past eight years. A table of the statements submitted at the various meetings will serve. to illlus-, trate the development which has taken place. ly begun its work. and reported the sale of a few carloads oi potatoes, with a balance of $62.35 in the treasury. . In 1922 the Association handled fertilizer for the first time. selling ‘ TCLRI‘ , t pre will not be repeated. The offices ‘are large. well fitted and lighted. which gives the stafl an opportun- ity of carrying on its work, I am pleased to report, with the greatest accuracy. One of the most pleasing featur- es of the year's work was the report which the auditors made when they had completed their work. and I am sure you share this pleasure with me, for it means much to an organization such as this to have a staff as capable and conscient- ious as the one employed to carry on your work. Mistakes will occur in the detail work of the offices, and when such do occur your Sec- y must be responsible; but for is measure of praise given by the ,auditors I wish you to think of it as belonging entirely to the staff ers‘ Association in their eighth ail-lei the vrsanizetlon. and not to the nual business meeting, and to befiecfel-BFY- y Every year shows an increase in membership. In the fall of 1927 we 'were obliged to refuse membership to hundreds of applicants after a ‘certain fixed date. We carry a mem- bership at the present time of 2,500 At the first annual meeting irl with additions every day- 1921, the Association had just nice-. It is not necessary for me to point ‘out the need or benefits of a. co-op- ierative organization. I am sure ev- ,cryonc is conscious that without (such an organization there would inever have been the development ‘and education in the potato indus- MacFadyen. the retiring director in all 1000 tons, as tons of blue-WW that has resulted thrvush its stone, 5 tons arsenate of lime, andiefmrts- The bmld market-s 91191193 5 Lung hydrgtgd 11mg The Lojapthe ability to handle and take care number or pomwes marketed by ~,oi great quantities in the fall when, the Association was 56,593 bus. Re- ‘UIIYQYI-"Ilfltely. I0 mini’ 8T9 Plloed celpts $78,034, a balance of $3,074,-,0h the market; the immense buylflll 0Q mossibilities, alld the guarantee to In 192a the Association handled members and hon-members of the 153,149 bus, of potgtoeg. 575mg delivery ill sufficient quantities of worth of fertilizer. 4a tons blue- all the materials rehuired. and stone, 12 tons arsenate of lime. or “i959 Supplied BIWB-YS It the lowest a» mml buginggg of $222,193 prices.~ that statement lfllOliCt In 1924, 260.734 bus. of potatoes. 111°" ma" may Seem to be the facts 6,050 tons fertilizer, 120 tons blue-(becfillse it 18 Possible to secure from stone, 1'1- arsenate of lime. The voi- other sources these materials at As- ume of business was $509,266.33. In 1925, 706,000 bus. of potatoes, 5,130 tons fertilimr, 75 tons blue- stone, l5 tons Calcium arsenate. Total volume of business-$519,373. In 1026, 470,516 bus. of potatoes. 11.000 tons fertilizer. Total volume of business $1,044,051. In 1021, 000.203 bus. of potatoes, 20,870 tons fertilizer. Total volume of business $1,693,686. And we have for our present meeting as submitted in the finan- cial statement before you. $1,867,- 500 bus. of potatoes. 38.000 bus. of turnips, 26,304 tons fertilizen-‘a to- tal volume of 82.113.346.92. It would be interesting for you to note from your statement that the operation expenses are slightly had a comparison of costs for the operation of this organisation since its inception, you would find the cost bears approximately the some relation to the volume of business l" l5 800W" 0h Your ‘ tement for i-fifdly at 299. while Standard Banirmunities and that their full servl- third largest in total loans. I OVQIIIOIII. amiss satin us: “norm noon lluus" in excess of one percent. and if we this year, namely. one percent for psociation prices; but I wish to tell you without fear of contradiction that these prices were never pos- sible untii the Association mgdg them. nor would they be prohahlg 1g the Association were not operating. L-arge growers have visited the of- fice. and to my surprise stated time we cut the price of Hydrated lime in two this year. Why then the dif- ference? Is it possible that dealers were making from $10 to 812 a ton profit on hydrated limo in 1021c And is it possible that members of this Assochtion can forget so quick- ly how they come by the lower pric- es on these materials, and treat with indifference the organisation that has saved t.l1e farmers of this Province annually many tpcuggnqg of dollars? The Associotio is today firmly established on all markets, and we are now in l position to handle to the V"! but advantage your pota- W 6WD. P1161118 every bag possible (Continued on page a) 4