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THAT FINE FLAVOR
__-so deliciously different
,Ice-cream made with Eagle
"Brand has that rich flavor
.found in French creams. lt
has hody~~ is creamy and de-
._licinus. It is~:ilso more eco'
.iiomicnl than cream.
_Eagle Brand is simply rich,
“pure milk and refined sugar”
jits distinctive flavor is the rc-
sulr of the Borden process
‘which unites them.
BORDEN M1Li;co.,Limii¢.i
“Bc sure the Eagle
is on the Label" ' 3
Our recipe booklet free.
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lEA<GlLlE BRAND
,_ ~ CQNDENSEDMILK 
O59%%%!s&%%$¥¥? "
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..nno»moo_'s»~a¢f~:aaoeoooipnisruooa ooo
ll NECESSITY ` . ,
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, .. Then insure in good strong stocli compan
I ies, which never contest an liopest claim., itteh ..
_ as is represented by `
§'.€.uifs ago. when a young man wlio
liivested his bard-eared cash in what
uns known iis 'i best girl buggy, got pro-
soiiie mention in the home paper. His con
purchase was chronicled with the iid- Corn
vi¢e o¢‘j‘look out, girls!" - and
vs i-i Lnssel on the horae's bridle and ii
‘.i'ff\\l1g iiiaii was so well equipped that
' ' “i” - harlottetown
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..__ ._ t. _;.t.~....-.». ..._ - V ~ . . . _. - ~ =f.<..»-=.»~ 1
Editorial in The Globe, 16, 1919
Preparations for the launching of
begun From this tune forward until the and
in the financial condition of the Dominion
need for a discussion not only of the
5 for the diffusion of information all over or
; which this speoilir loan is required. The war is appeal to the
‘ win-the-war spirit-so eilei-.tive in ths floating
made upon this occasion.. Instead, there must hs
sense ol’ the people _and to their desire to do'
the restoration of normal'rou{illions in the
\_ ' I _ '1’h¢;i»s_i_ii.i|;¢A;fi\;i`i,mi;;~l{_ii¢
i»i.hat1iilarge_.p`srt ol, the niopeyuzalled for is
.Insss of the Government. to Gaiiadian bai_ik`s
almost a» quarter of a billion _dollars-_-lo_,enlble the Government
credits for the purrhuse of gtioilsfor _export it|.1o_',5t'llje_t,|_"’giduntrie|i
1 unable to pay cash for_ all the Canadian provisions' gnd:gth¢_|- products .th_ay,_
require. The loan is needed also to meet the has_\'y expendi,t.ui1os.atten¢liug-
the dsmobilization ol ‘tha Canadian overseas irrhy. .ifirqtuitiss gud. bank-I
pay run into enormous sums. The i-redits to Great Brithilrto enable her to
continue buying Canadian products have been very larg¢_ _Green-, Hou-_
mania, and Belgium have been supplied \\'ltli_fnodstiilIs, clothing. and imf,
plements through a loan ol' seventy-tive million- dollampmgde by .the
Canadian Government to the Governments of those countries. Sir Henry
Drayton says that further credits “ill have to he made to finance the export
of our natural products. The loans will be repaid ln timi-.,and such yxortionij
of them as are not promptly liqiiidnted by t r importation ol' British. and
continental European goods into (Ianada will remain lo the credit ol' the
Canadian people as an investment of rupilal on wliirh interest will be drawn.
lt is good to have considerable investments abroad instead of remaining
~as Canada was before the war--iilniost excliisively a` debtor nation. in
pro-war days, for example, the British people had almost three billiondollais
invested in Canada. They owned huge bloi‘ks ol national, Provincial, and
municipal securities. "l`he_v held‘ the bulk of the bonds and stock ol' our rail-
ways. They had murh money in Western lands and in Eastern manu-
facturing enterprises. Large blocks of bank capital v'»‘erc` British. It 're-
quired the export of about a liuiiilrori and fifty million dollars' worth of
Canadian produrts yearly tn pay even the interest on this great investinent.
That fact indicates why Canadian exports to Great Britain were greater
than Canadi-i’s imports from Great Britain. They had to h e about a hundred
and fifty million greatei if we we-ie not in keep going more deeply into debt
year by year through the rein\'eslm<=nt of British money in Canada.
During the war the British people sold or piil in pledge large amounts
of Canadian securities » ~not less probably than hall a billion dollars' worth-
and Canadians have been buying these securities by means of a large surplus
of exports. it is antiripated ilizit :iller all the war accounts are balanced
Canada will have reduced her drlil to British c-:ipital hyat least half ri billion
dollars, and that hereziftei' she will have tn export twenty-five million dollars'
worth less of her produrls than in pre-war years to pay her annual interest
bill to Great Britain.
But it may be argued that the (Lanailian people as a whole will not
benefit because some ol them owe less to some of the Biilish people than they
did before the war. This is a iiiistzilwn view. lt is lrue that therc has been
a vast increase of Caiiada's internal rlehi berausr ol thc war. For a period
of years too long ln esiiniate wilh any degree nl' certainty all the people of
Canadaas taxpayers will have to pay about $120,000,000 a year as interest
on the war debt to lhe`niu<-h smaller number of Canadians who hold war
bonds. Hui. when we get down to concrete cases instead of dealing in the
mass the debt burden of two billions does not look so hopelessly large. The
interwt amounts to about SIS per _vrar per head. F.very shop girl or domestic
or workingman who has been able. to buy three hundred dollars' worth of
Victory bonds-and their numbers run up into hundreds of thousands--
will get annually in interest from lhe Government a little more than enough
to pay his or her share of the taxation due to war debt. ln other words, their
savings cancel their share of the debt.
_ Had the rouniry tried tb finance, its war expenditure b ' foreign instead
of internal loans-supposing' that lo havebeen pomiblo-'llie rondition ol' f
Canada would have been vastly more serious to-day. Our debt to external
creditors would have been over four und a half billion dollar?) and to pay the
interest at the current rsle`)`l'ould have involved the export of about two
hundrediand thirty million dollars' worth of _Canadian lirodurls yearly
without any -corresponding imports. The effect upon the man ufaetiirers
and merchants ol' Canada of such a drain would have been almost riiinous,
for the people of the Dominion would have their buying capacity very
seriously reduced by the export of their products to pay interest on the ex-
tenial debt, lit is therefore of great importance that the Canadian people
spent in prosecuting the war. The interest is spent in the country, and
benetils in the spending all classes of the community--the debtor as well as
the creditor. '
II- the argument here presented is a sound one, then it follows that to
the very limit of our' capacity wc- should continue to buy \'ir‘.tory Bonds.
The new issue will have to yield at least four hundred rnilliou dollarstn
enable the National Treasury to discharge its obligations during ths,‘{1i`_'rz°ent
financial year. \'ictory Bonds are an excellent investment, but t_ are
more than that. 'I`hcy are a sign that Canadians have failh.,i1\<l»l\,1i*`f A VY-
in its vast resources, in the stability of its Governmsnhin the  _ the
power of the people to build up and maintaa`|m|_"_j-.}<{§)izi;t_ii-i_r|¢ .yhighsi [wud
the greatest sirens that can hefbruuglit to bear' upon the l`o\in3lMi9ns~,1hil\~l
the Dominion has been round. `..'.-=-..~;».- -  ...E-'i<~`i~1i£|i\». -
- _.if
as a whole should owe some of thc Canadian people the bulk of the money
. t
. ',,C,0URT.8HlP IN THE AIR COMING \\lll
-»-~-- no
There was ii iiiiio and not soiiinuy
Wltli red running gears, rubber tir-
wliip that cost at least $1.25, this
he was it force to reckon with wlieii l’U58y»W'
lovemaking was going on. 'S 0“l3,'.i.8-.-M911
- lie has. passed and in his stead luis nyaboll if-The
uoiiie the long. low. raklali iiiotor ly Wllelilqllei
rar it burns gasoline and leaves au '"3 “`°"°“l
i..._ ~-nsaiit odor in _its wake, but it re- i me 'l‘9l°"-°"\'~ Call
|u'..~"-nts speed and excluslveness. Too TDR ll°?»1° in 11,15 clummy and
-soozi, lt ree-ins it also will pass away, DH h1lt1»b€tl@l' iii'i~ai1ge.
in r \Iew York newspaper is the ad- lf "dl", threaten* UIBY'
vi~i'i.|teiiiet of an aircraft concern. the °l°“'k'- If U19
"\Vhai. about the boy who overseas they “fm "Se ll few'
lrrs been _roaming the sky. day after L0 Where the air is
diiynllying free In the glorious ether?" The’ fed FU B0i\|`5J» 311°-‘-‘Bone
ia \\'.ints to know. When lie -- , and the motor ma be ' ssln
wines `Y ,Dlx 8-
 T°"f°"gw gglem ““`"'5" -v' .m°"“';§
ll0l|'T l.ET YUUR UULD. Qhiifnaccipi ii. °°m°°.”~°". L" `
I ‘ I . ' s on' , ”' .
°"F“°’.‘€i%é*.?z2“"’ - . »~ f~=,~;-bins
I0 I)
voting
malt
the
Ti
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,.1
RUBBER
n, .~..- -.ii
foptweari at ex
n'vinced W
to be of the high
ALLEY & C0 LIMITED
guarantee
Men s Boots, as above, big value, ll/IGH S P11513 Qualltv Thigh Boots,
$3 95 as illustiated, ied soles, and a
Boys Sizes, 1 to 5 $3 00 comfoi table Httei 5 00
if Outh s Sizes 11 to 13 S2 50 Boys , as above 4 95
Men s Boots as above, led sole YOUl3l'1S, 2\S &l00V@, SiZ@S 11 t0 13
$4 25 $3 95
rl
ll
ll
t
,_
A ~ Women s
'~\ ~= Rubber
\~.
fi-Y.. i’ “milfs

1\\
f _-_.__....@...,. ~.»=»~=~i. Nsum.. J; deli fi’ *Zi* 'f/frgvm
W , fi t 1 t $2 65 One of the big selling kinds, and
G1i)l;1?1si;es Ilsl ildlg 1 y $2 35 .1 splendid weaiing shoe $385
c'hii¢i1enS,5i0 10 2 0 Bvio, as above 350
ii-
Women s Rubbei s, iii st quality, to,`,0u1 best glade iubbeis foi men,
fit any heel, high oi low 85° all Shapes 1 t ,_ c
(iii ls , sizes 11 to 2 C BOYS, as ab0V@i3 0 0 c
children S, 3 to 10 60c Youths 11 to
--Yu on--
9lnch tops
Wien s high top Duck Llllllbel A comfoi table waim Ovei shoe,
men s Solid Heel $3 65 made with two buckles, for men
Boys, as above $2 75 $3 00
Youths , sizes 11 to 13 $2 25 Men s, as above, J ei sey cloth $3 75
\/len s foul buckle Ovei shoes,
‘~ \ lllllell S $3 75
it' °l~ W Same in J ei sey Cloth $4 50
~ , Button
f' 0versli0es
_. rev,
L $2 60
Sizes 3 to ,,
Women s Buttoned Ovei shoe? 60 F1o]1et;S’tSI§I1lI&8l';e é°>i,I;<i{>;1l1:(;‘S’11é1€0fi>’i
Women s Buttoned Overshoes,
J ei sey Cloth 3 40
Fores King
Snag Proof
I-I.
, . .,.,..
o
-cn
lvrnnr
Men s Closed Side Rubbers, veiy
popular ‘for country) wear $1 50
ALI EY
made of fine Jer
.-.__ -_ ,_ ._ ._ -».-
K, it ' ’ , t i