\ cascdrwe y, “fsivéi-c" ca... p, I Always Ended In K Bronchitis Mrs. John Wilson, 143 lllamelnn Si», London, Ont. writesz-“I have ways been troubled with severe colds which alwgys ended in ‘ ouclutu, but since taking Dr. Wood's Norway Pine Syrup I lave no fear of this trouble, as it liknmagimandtliadssirstoeough lwasentirely gone. llieaocthing fooling pa!“ ll bronchial tubes simply wonderful. “One day ‘ husband came home ivitb a heavy co d, but after ii fi-iv (loses he was entirely free oi’ it." Price 35c. n bottle; large family size 00v». at. all druggistsbihd ilcnleri-i. Put up only by The T. Milburn Co, Lid. Toronto. (int. " “Peerless” English Fox Netting All sizes in stock, anteeil. Sold in Every m“ n“,- Summerslda by THE ROGERS HARDWARE 00., LIMITED. sou: AGENTS FOB. r. n. i. 9O O-QO§%OQOQ-QQ ‘Ins idious 04-0044 Eye Strain O-O-OQQQOO ‘We use shis adjective ad- vlsedly. Sellerers from ljlyestrain may have perfect vision and therefore do not suspect the presence of any eye defect. The motive power of the alntirc human organism is ‘ Nerve Energy. ' Normal eyes. It is computed utilise about 20% of this Nerve Energy, but when Eye- . strain ls present, a much larger proportion is required. llence defective eyes, through their consumption of an ex- cessive amount of Nerve En- ergy may seriously affect the functioning oi other organs oi the body and produce ill health. , nave voon ms - sxaiuivitn '*Y ' vv‘ O-OQ-O-OGOO-O OQOO-OQQfGO§O-OQO 1 Ih-GRHutc/iveson i l OPTOMETBIST 04O+0§4++¢0 0 ev-o-vo-eo-o-o-QQQ- LIVE .-HOGS ,‘We"{1re taking live- hogs daily, excepting Saturday, p a y i n g highest market prices. \ I Davis E? Fraser HIDES Bring or ship as 1°" 5"“ ealfskins. lamb and sheell polls. and receive top mullet value. ' ‘Boneless _ Horsemeat We can horsemen! In carioad lets I less. Write or ‘phone I Id‘ price. ismup coLp A, sronsoa 00.. .~. Lin». "When l a ‘Yliat soprn “Ves. ' T“.’l__|sH newly-built hrldqc caves In on u steak, friend husband decldes it's a pretty tough break.“ Huli ENG AND ;-.n certainly had a "g: repertoire." I noticed that too, but l mdermand it's not the style now w he so skinny.“ REMEM Profs, you pood at Smith. Truthful i “Marie's queen." hu Student: with the girls. I'm afraid. Professor." BER DATES What class of dates are remembering Mr. Only those bby calls her a "Yes. Hes jun‘. the kind who'd crown her when he gets her home." i Charleston DiilIC;IIl00l Judged By liiissLcslie-Suttomchlefjud England's Leader oftht Charleston contest torlEnglan .wrltea “My unique position in the clan i I world today would never have ha i if l had not taken-care of my ealtli. I constantly had thstjired out. de- : pressed feelin i Indigestion, the poisons n Your mild laxative able assistance in kceplngxny system ill a daily healthy condlgoz-WE Pu.“ CARTEIVS LIT". R All druggisia-ZSC and 75c red 9km THE FRENCH VOLUNTARY ing upon the ilna and Officers of ‘b liouenese b with sick beadcclie, Y as it... of valu- niviin FARMING_ COMPANY LIMITED, arm "ma ‘WINDING-UP ACT.” Notice is hereby given that a spe- cial General Meeting of the share- ~ holders of the said Oouipany will be held at the Public Hall at French River, Prince Edward Island on Slt- - urday, the twenty-sixth day of Janu- “ary. A. D. 1020 at ll o'clock, p. m. for the purpose of comidering and pan- ncial statements, ae- cotllis and reports of the Directors the said Company, "andforthepnrposeofpassingareso- lutiou requiring the mid Company to bewoundapuiidertlseprovlsionsof Wifldlll-Up Act." eorvmcm 1921 s. The boons-MLRRILL m. TIIE STORY When Alice Andowrr hiid gone, Gay went down again alone. Mrs. And- overk anidety had oonmiunicated it- self ti) her, and Gay was persisted. She meant to ‘find out if Auntalmiry stood in need. She anticipated a. long wait on the door-soap. and she intended to wait. So sbemvas a. little surprised when Auntahniry, who had evidently been watching and knew she came alone. opened the dioorlbo her first light tap. "m: was not nice." Gov Bald seviei-ly, "Alice Andover is very un- ‘ easy about you. It isnlt. right to worry her." Auntalmlry burst. inbgd soft but joy- m . was quite speechless with secret satis- faction. “But why dld you keep us out?" “Now, Gay, donlt be cross. It's lusts little secret of mine. You'll‘ know before long. I was dblng some- thing I didn't want Alice Andovw W know about. Now let's VB 0- X1106 cup of tea. It's good S66 Y0" again.“ But for all her pleasantness Gay re- turned at last. no wiser than she came. November did not live up to the passed. But two days before Thanks- giving, Gay wakened in the morning to find the islan thickly blanketed with snow. the tr es pendant with it. the valley submerged. And great cloudy flakes whitened the air. "This is beautiful, it. ls worth living for." Gay thought. “How childish to live always in’ a city where snow means only slush. and grime. and murky skies." She sat in the window-seat and watched it for two hours, trac g the course of the great white flake . and listening for the soft little kiss with which each dropped among his broth- ers. By afternoon all the low brush and shrubs were thickly covered, the forest was a solid glistening wall, and shelliie of boats upturned on the chore was liken row of grave moun The afternoon waned. and finally, a little depressed with the silence and the alonencss of it all, she was alm- lessly tidying up her room when she heard a. gay voice calling: . "Hello the house. Come out. iu see the sun." Bhe ran down to find Rand in snow half to his waist, at. her window that led to the valley. which he was strug- gling to raise from without. ’ Guy caught. up o. warm cape. and rand to help him. “You darling!" she cried in warm welcome. He had brought snowshoes for her along with an invitation fr the Captain rind Gram for her to ome to the Big House until the snow was over. But. Gay did not wish to leave. Now that. Rand had come. the beauty of the snowstorm was increased a. hundredfold. At his urging. however, she went up to put on stout boots and knickeis for a. short run through the woods on snowshoes. Rand helped her through the window and slipped the clumsy shoes over her boots show- ing her how best to plod along in them. ‘ Gay floundered clumsily at first, but finally, with Rand holding her hand, they set off into the woodland. There was no breath of wind. The air was clean. oold. but not stinging. It seemed l0 her that the snow that touched her lips tasted of salt. Con- stantly she cried out with delight. at festooning of the trees. the draping of the rocks. and on the sea-side, the great caves of ice and snow which gllstened and shone like jeyeled castles seen the water so dark and so blue, ‘ so cold. Tears came to her eyes, tears of wonder at the beauty of the snow- white island. and she stumbled and fell, laughing. Rand helped her up and saw the teal; that gllstened on her red cheeks. " u have hurt yourself!" “ o." She put her arms aroiuid him, looking anxiously into his eyes, eager that he would understand. “It is because it is so beautiful. Doesn't. it make all the little things in the world seem pretty. and foolish. and not worth struggling about?" Rand kissed the tears from her cheeks. "I knew you would feel it. It always gives me an idea it must be sort of pleasant to be dead." "Oh. no. ‘They cannot see it." “No. but I dare say it feels as good as it looks. Are you happy. Gay?" iYQMYILHIXI5QWFQa‘. \'- 11331-“5 Guild Resistance To Prevent Cong/w or Colda- Take scoTrs . EMULSION Ric/i in Resistance-build- . ing Cod-liver Oil X" Hostile Tofflfi Out. 3549 "I never knew what a really happy‘ moment‘ was until-Just now. I am laughing for 10y. I am weeping for; joy. I am adoring you for the same _. reason." ' Now and then a small scored rabbit stumbled through the snow-ladened brushwood, scurried quickly w cover. A snow-bird chirped anxiously on a burdened bcugh. Once in a. while, loosened by the sun, a little shower of snow pelted them. "It's great fun being in love with you. Rand," she said. "It seems w give me a sort of mortgage on all the outside world." when they had returned again to the window on the valley-side, Rand helped her up and unslung the snow- shoes from her feet. She put her hands on his shoulders. "Rand I wish it could go on for- ever." "Snowing?" . “No. This . Having you like this. loving you like this, being with you like this." She drew him close to her. and held him tightly with her arms. "All of it. I love it. I never knew what it was to be so happy." Rand kissed her. their cold lips warming to the caress. But his dark eyes were very'dark indeed beneath the long lashes, and his smile was “a little stern when he said: "Would it be as dear. I wonder. if it. were go to inst forever? Or isn't it all the sweeter because it is just for a year?" . .Gay held him closer. She dld not answer. CONTINUED The Daily Argument AUNT HET BY ICOBEIV QUILLEN ii l... “I never done nothin’ I was ashamed of but onoe,'au’ that. was one time when Pa. slam- med the door while I was still talkln‘ in him an’ I kicked the eat.” "When I went home yester- day an’ found Ms. in s. real good humor. I knew right straight that she'd bought soinethin’ l couldn't afford." ADDRESS OI‘ APPRECIATION for notyetoversild egmspthisop- portunityofooti tlaymi-our / market the enormous crops of this _Mr_. Leighton Annual Address - GENERAL BUSINIlI ‘--' REVIEW y Canada. " sewn-Hr. rm!" for 192a. in all branches of plumes-l another bountiful and prospsroll-l I0"- and that busuius is. on. a sound foundation. Banks. amt come-HM’ Loan companies and the like, all s?- pear to have had a most‘ successful year. and to be in excellent condition. Deposits have 030111 11101108002 m! n‘ qulrsinenta of industry b! Vi! 0! Wm’ mereial loans are larger: aasctr have KIOWII lllblblhidluy, and plfiflil in d“! proportion have followed; all this re- suit of tncreesed mint! In Industry-l manufacturing. agriculture and mil-l ei-sl development. , . . FOREIGN THAI)! The foreign trade of the Dominion’ has this year, for the dist time. u-i ceedsd in value that of 1021, when prices were at their peak. and in quail-l tlty far exceeds any previous year. ltl is estimated that the total exports for‘ the twslva lliflfiflll wtli be si.s1a,ooo.-' 000. which includes 028,000,000 worth} of foreign goods N-exported, and our to imports, including those for re- export. 01.210.000.000: thus leaving a: favorable balance of will “$900,000. 7 ' IIYDBO ELECTRIC DEVELOPMENT i Hydro Electric power continues to be ..., _ now ‘-, ing tn between live and six nullioiil horsepower, constituting sn investment or probably 01.000.000.000. 1t one re- flects for a moment as to what wouldl be the equivalent in ton of coal re- quired per day to continuoualyi 5,300,000 horsepower, ‘ie would have! some ides of what our weierpcweigde? velopment means to us; you there is still, we are informed by the Govern- ment Department. 00,000,000 horse- power awaiting development. 5 AGRICULTURE - The Agrlculturlst has again had most; - bountifui crops-the largest in the his- tory bf the country. Our farmers, particularly those in the Western Provinces, will reap a just and gratify- ing rcwurd for their labours. ‘and will continue to reduce their obligations. It is to be regretted that the grade has been reduced by reason of- an early frost, which dld considerable damage in many localities, but nevertheless. the money value c. all field mops in Canada. for tho year 1928 is estimated l0 be 01.051.013.000. ‘The marketing of these tremendous crops has been. so far as the Western Provinces are concerned. greatly facili- tated by what is known as the "Wheat Poo ." The grain growers of the Prairie Provinces have entered the realm of Big Business. They have realized that gfcnter efficiency is procured by merger and combine. and have thereby revolu- tionized the marketing of groin and stabilized that market. This year they ‘ have operated a line of about nine hundred and fifty elevators. with o joint; capacity of about 88,000,000 bushels. Luhiindllng the 1028 cmp, uioy have had upwards of thirteen hundred country elevators in opera- tlen. They have terminals at Fort William, Port Arthur, Vancouver, rincc Rupert and Buffalo. with a combined storage capacity of something like 33,- 000,000 bushels, and this year have done a business of spproximnlcly 01,000,000 a day turnover for eacii “working day in the year. These facili- i-les, created in addition to the already lorgc plants owned and cprratcd by the independent operate . have en- abled 1 nsportotioii Companies lo Fr year with astounding rapidity. and with consequent material advantage to the grain growers of the country. lt ls to be hopetl that mlxrd fiirni- lng will continue to grow, and tlini. the iloiry burl poultry products will con- tinue to increase. to the end t: ' the farmer ivlll have a moi-c dlvcrzliied sci-arse of income. “INERAI. DlT\'l'.l.(ll'.\ll_I.\'l‘. The output of cur ..1ii::rai Develop- ment liruniricrczauliiglg,‘ large item in Canada's trade. liulli foreign and domestic. and this year exceeds 0270,- 000000. its permanence now secma izusonzbly troll assured Canada sup- plies 0.’: per cent. of the wbrlzls nickel nnil asbestos. and 55 per cent of tlit- r:urlil‘s cobalt. and stclitlz. third lii tlic production of gold. PULP ANTI PAPER INDUSTRY ltls to be regretted that over-pro- duction. with taut competition and price cutting, has checked the prosperity of the newsprint industry. which had grown to be sun s substan- tial portion of our export trade, having increased from I120 in 1N0 to 0108.» 122.000 in 1008. However. time ls no occasion for surprlse at a situation which always arial when supply out- runs demand. The industry is sppsr entiy firmly established. sud its per- manence sasuisd. . H0103 [llDUlTIY ne new Industry’ has mews large proportions. Some years ago a pos- sible saturation point wa- suggested. but. blvtng regfll \0'ttfI-. continued demand. such views would seem to need revision! IUILIIING Building linden ometruction gen lienuiia to build so far exceed ti: previous yssr as to more nitetsotisi employment i! neon. as van u activ- ity to the manufacture sad sale of bulldsll‘ supplies. ‘ \ ' ,.i >..& Juli-van» ‘m llllil._tlle III d nanny on cprrntlng deficit of 039,000,000. in ‘eleven months of 1020. they BhOV-‘Bfi is net. opeflitlng surplus of 058,609,291, which assure-i the: they \\'lll pay the lntcrcst on all outstanding securities llCltl by llie public. and Au addition lC::\‘9 u substamlal surplus! The great private Halli-coy Corporation tells the some story of increased earnings; in fart, tlie greatest iii its history. It was but tlie other day that pesslmlata in lzlgli places declared that the fictional Railways would bankrupt the country! STABILIZATION ilk‘ “TISTERN PROV] HTS The Western Prairie Provinces have been markedly stabilized during recent months by our larger industrial and ommerclal enterprises establishing themselves at various strateglc points throughout Manitoba, Snskatchem... and Alberto. This has resulted in large buildings and plants being erected ‘and constructed in the cities em: larger towns of those provinces, from which the business of these various enter- prises will he carried on and goods, wares and mercbsndis- manufactured or assembled and distributed. These provinces are also about w find a greatly increased industrial growth by reason of the mineral development which promises to be. more or less. a repetition of what; Ontario and Que- bec have experienced. All three of these ,. ‘ have that same Pre- Camlirlan Shield, which has been so profitable to Ontario and Quebec. In addition, the Province of Alberta has her ronl. salt and tar deposits. These features, taken with the stupendous production of cereals, have had a won- dcriully stabilizing effect “p0! the business and the citizens of these prov- iiices. Enthusiasm has returned: pro- duction has increased, and their obli- gatlonn‘ have been substiintlaiy de- creased. Further, The Hudson's m; Railway is being eagerly anticipated as another outlet for their commerce, and the route via Vancouver is being more and more used. ' British Coli-nbia. potentially prob. ably the most favored of our Federated Provinces, is full of enthusiasm and optimism, particularly with reference to the development of Vancouver's ter- minal and harbor facilities. Shipping has increased as the use of the Panama Canal develops. and ea Japan and chins take more of wliiit we produce. it ls hard to realize the dimensions to which this trade may grow. IMMIGRATION AND COLONIZATION Looking west from Winnipeg. 4t ls not difficult to visualize in the near future a vsster and greater Canada than even the most optimistic of us could have anticipated. its great need of the moment is men and women. Much has been done: much has peep written and said with reference to immigration and colonization. This effort appears to be about to bear fruit, for it la my belief that the stream of emigration ts headed for Canada, and that People of a most desirable kind will speedily seek our shores in nurn- bero-sa many as can be conveniently and effectively assimilated. MAGNITUDE f)!‘ LIFE INSURANCE UBINIISS with the magnificent advancaghgng in all other businesses. Life Insiuanoe h" "P?- Pace. it n . :tlmated that the a of Life Insurance in force on this continent has now reached the hllke total of 000.000.000.000, there hav- ing been written ‘n Canada, and the United States in the yesr 1020 about 019.000.000.000, requiring premium pay. meats of about 04401300900. 11,, amount held in reserve for these policy- holders is approximately 014.500.000.000. These funds so held are liaed for the common weal. in shot they iliia mm "l! 500k. through investments in food iI-Odllfitlon. ortation and in gen- eral public wor everywhere, Th; Life insurance business gains momen- tum each year, but is still far from the “ltlmete sool. u it is estimated ton our people are still using less than 21,4 per cent. of their ' ' with which purchase 1.11s Insurance. CANADA LIFE PROGRESS For our own Company, the pest year has been exceedingly satisfactory. Oui- associates in the tlsidhsve. with eu- “uslastio noel. unremitting gnu-n gm WOII-dlflfitkd slim. exceeded the objec- tive dxad oy tbs General ltsnagsr, and have paid for 0100.00.60! of new sssur. ancss. no exceeds the previous yser by 020,100,087, and is an indication of the true worth. ability and energy of those who claim the confidence of the public as your representatives. The result of the year's work la to increase our buslnen in force o the sum of of llllflflJliil Beyepfpylg‘ gg g mm muffins and satisfactory. 1 iesvs it to the General more ram vini reference u» m splendid eontri utlon to our year's business. and cur appreciation of the good work done by our micro»... In Great ‘ Ireland. the United States. Ihwail and Canada. '0 III lIIlII lllll 06 IIIIOIC l fQVMI lugs from our carefully selected In- vestment‘ lseurltise. resulting u‘; s; ll 0H0 Ilflllt llllplfl llfllll ll Company's sum. oflstsdlag eighty-cue years. and m only ionic. m continuance of bonuses sad dividends to 02:70 sas aims- IUHIII Ilfltlll . RIIIC lflllp Ill] enables os so plus iu reserve not is mimosa. an increase m the year l” able mommy. iaoicsuiig a wise oelio- ' tion of lives. and also satisfactory earn- ' arm mm c: uses-nus. no A McCarthy, President, Mal: unforeseen contingency» it is worthy obinosl. cmpiziztio noto that we have been able to achieve this remarkable surplus. while accepting $108,000,000 qt new assurances. This emerlsnce la unique and must greatly increase tho in our Institution. INVE8TMENT$ One of thcmoot important features in the success of e Life Insurance Co is the character of the securi- ties la which its funds are ‘placed, and the net rats of interest they yield. 1 em "able to soy. with confidence, that the investments of the Canada Life are second to those of no other lnstl. tuflqxi, and that combined ltli this great safety ls s most gratifying inter- est roturu. These nvestinents have been rigidly scrutinized by a thorough- ‘ committee o: the Board. m with confidence for and eio p your approval. _ v Mr. b. R. Young. who. on the resig- nation of Mr. Saunders. was promoted to the position of 1 nsurer. reports our Assets as now totalling the sum of 0l57,008.404.0l, an increase of 010,- 40830720 for the year. ‘the average rate of yield of 6.02 per cent. is gratify- lug. As the yield! upon Government and lllunlclpal securities have declined. we have continued to extend our pinch“; fhg of bonds i000 the public utility 0nd 1nd held. ah _., a matinee preference foi Power and Light securl. ties, which indua y is growing up previously inferred to. We still con- ttnue to hold every large proportion of Government. Government Guaran- teed. Provincial and Municipal bonds, cps to an extent greater than is the practice of most of the larger f-ifs Insurance C The investment powers granted to Life Insurance Companies licensed in the State of flew York hsvs opened up a source of invest- ment ln the form of preferred stocks of Companies whose earnings comply with the strict requirements of that State. snd we have taken advantage of this by careful selection, w!“ pleas- ing interest returns. our mortgage investments now total over 0B0,000,000. and through improved agricultural conditions are in a splen- did mu of liquidity, and contribute largely to uis satisfactory earning power of our Company. NEW HEAD OFFICE BITE Our growth forced your Directors to consider the question of future ac- commodation for our ever-increasing Head Office stair. We have overilowed our present Head Office building. now occupying splice in four other bulld- ings. three of which we own. You? Directors believe that it is not economi- cally wise or necessary for an lnaliiv once Company to occupy such a vaifgi. able site and position as they bellfld this site to be. They “ t to procure another less expensive site. and yet one well adapted to all the requirements of u successful and grow- ing Life Insurance Company. It lain! pleasure in report that we have pur- chased a block of sufficient dimensions for our futuro requirements on north side of Queen Street. bounds! on the west by Blmcoe Street and on the east by University Avenue, upon vshlch we hops to erect a Head Offlce build» ing as soon of it la nractleable to deco. During the year. your Directors wen much distressed by the death of their coll: Mr. Kenneth Macksneie, of Winnipeg, and lldr. Robert Bickerdliiev of Montreal. both of whom bod. for upwards of seventeen years. been most valuable and helpful members of the Board. sud each of whose business connections and experience were of greet value to us. The vacancy caused by Mr. illackemlds death was filled b! the election of Mr. '1‘. G. Mcconkey. His promotion came as a rouognition of his splendid equipment and his place in insurance and in the belief that in this capacity be will be better able to serve the interests of the Com- DlnY- . In June last. Ir. Herbert C. Cos. who ably presided er the destinies of um Company most ‘ existence, to be relieved from the cares and re- sponsibilities of offloe. and tendered his real tion. which was regretfully accept by the Board. However. st the earnest solicitation of the Direc- tors. 1 sin delighted in report that Mr. Cox consented 0o continue to give us the benefit of his valuable expcii- ence and ability. and retain his con- nection wlth the company as a Direc- tor, and became Oliairinsn of tbs Board. . In seceptl ., the responsible execu- tive position to which your ' rectwl did au the very great honor elect» lug me. I was and will continue to b0 deeply conscioia of the high had! which must be supported in the 0- . ‘lb f ates of ‘Ilanagsrtospeskrw under tbs a neg ... ...._'... ,__..,.,.._. otiultdifod amply "mongol, to has as; l_. Eighty-second Annual Mfifilllllgsi Canada Life Assurance Co. ‘ already strong confidence of the public ' intimated ihutyplio dssireth