WHILE YOU ARE IN CHARLOTTETOWN FOR ‘FARMERS’ WEEK” take the opportunity of seeing these great values in Ladies’ Fur Coats, 4 only Caracul Paw Fur Coats, Colors Grey and Black only. High standing collars. Size 36 to 3S. Price $39.00 for ‘ ' a '1 only, Black Hudson Head Fur Coat. Size 42. Price $39.00 for v 3 only Beaver Lamb Coats, Sizes 14 40 42 Price 039.00 for , , 1 Northern Muskrat Coat. Boulster Collar. Drop Skins..Size 40. Regular price $185.00 I for 1 only Drop Skins Rat Coat, Johnny collorfslzo as price $195.00 for 1 only Black lgoneyasSkiiliz Cozlit, hisglhaghnny Collar, semi‘ fitted. ize . l egu ar 2 . m, y $93.75 3 American Broadtail Black, Grey and Brown Black, self trimmed. Size 18 price $95.00 I for Grey Squirrel Trimmed. Size 14, Price $125.00 for . I B . S‘ 16. P i $115.00 “flown ize r ce $32,013.21"; 0.321‘ piti- §§.;,.§’5'?Ef" $17515 33953;‘. $14,221‘ .‘,'i2.‘,‘8°.i.”°“‘“‘°' °°“ $10115 gigfipgapelsdiég 5:. Self trimmed. $206.25 gkoglryicfggig ‘Social Coat Fox Collar. Size rfigelysgfgf-ogbnigrséfll, self trimmed, size. 34 . I Clever new - - l NECKWEAR .New ideas in neckwear are in! For example, satin and lace vestcefl, crepe combinations of collar, vestee or, scarf. . .-- v L These shown in Pink, Blue, Wine, Wh to, Green- Be sure to see the ‘THRILL BOW” 31-90 New Cape Glove Brown C! Black smart new “slip on” model with wrist pretty glove This is a very _ _ in plain finish or with fancy’ il-liklllllfl- A at an attractive price. Thebandwillbeusodilo z thecit u ‘mmfimmm ymm iuommnminaooiorllesrall- The Bantral Guardian 'I'hls column Is reserved for new! of local faunas but sdunlalls of a iuwsy nine may be Inserted at d cents a word s In advance. l OONFBDEBATION LII’! INSUR- ANCE. Is-MOB-‘l-lfl-Slfi. STAB-T ‘I'll! NEW SERIAL STORY-The Blue Door by Rachel Mack, opening chapter of thrilling romance begins Thursday. T!!! BLUE DOOR-The Guard- ian's new serial story begins on Thursday. Don't miss the opening chapter. ' ISLAND LAD! BURIED — Funeral services for Mrs. Khna J. Harding, aged. 78, a native of New Perth, P. E- I... widow of Seth W. Harding, were held recently in the First F‘ giegatlon- al church. Melmse, Rev. Olin B. Tracy ,the minister, officiating. Mrs. lmiding has been a reside ‘ of liiielrose for 30 years. She died at a sanatarium in Wakefield follow- ing a long sickness-Boston Ex- change. SUCCEED MAJOR WILSON — Major Keith, of ' Hamilton, has been named head of the Salvation Army in New Brunswick, Prince fflllltsn Edward Island and part of Nova Scotia; to succeed Major Wilso . of saint John, according to word received here. It is understood that i Maser Wilson has been transferred to Hamlltonz-Moncton Times. FUNERAL YESTERDAY — The funeral of Edward Nicholson took place from his late residence, 92 Pownal Street, yesterday morning to St. Dullstaifs Basilica, where Ite- quiem High Mass was celebrated by Rev. Father Dougan. The pall- bearers were: Messrs. A. Dombliry, Paul Peters, John Stanley, Robert Gallant, Robert Rush and Lemuel Rush. service at the grave was con- ducted by Rev. Father MoCardle. OEIERATE 25TH ANNIVER- SAltY--On Monday, the 10th, Feb- son celebrated the 25th anniversary of their marriage. A number of their friends took advantage of the occasion by surprising them at their home, and presenting them with a. handsome silver service. Mr. and Mrs. Nicholson thanked their friends for their remembrance and good wishes. Refreshments were served and s. social hour enjoyed. The Guardian joins in happiest congratulations. BURIAL SERVICES-The funeral of Mrs. Chas. Saunders was held yesterday afternoon from the resi- dence of her daughter, Mrs. G, L. Morrison, 140 Elm Ave to the Peoples Cemetery. Services at the house and grave were conducted by Rev, Carlyle Webster. ‘The pall- bearers weic: Messrs. Robt. Dia- mond, H, H. King, Murdock Ross, ter Mclnnls. CORNWALL-The many friends of Miss Laura. Crosby, Meadow Bank, are sorry to know she is confined to her home through ill- ness and hope for a. speedy recov- ery.—'I‘l'ie February mee“ oi the Cornwall W.M.B. was held at the home of Mrs. Hazen Howard. There was a good attendance of memmrs. The ieport of Piesbyterial was given by Mrs. Jack Moi-aside and Mrs. Watson Livingstone, Clyde River, was appointed press secret- ary.--An epidemic of measles which has been prevalent in Cornwall School, is about over, and the maj- ority of the children have returned to work under the careful teaching of Miss Janette MscDoilgail and Miss Naomi Bain. PERSONALS Mr. E. T. Hlggs left by the Bor- den train yesterday marl-ling for N. B., on a business 0 ::Mi1ler's Worm Powders can do no injury tothe most delicate child. withmit a qualm of the stomach Sllfleflll! t0 1081MB 0i’ little ones. EYE S I G ll T EXAMIIIATIDII flitting and singling Glasses ll. J. IHBOI ruaiy, Mr. and Mrs, R. H. Nichol- P. N. Manuel, W. Melkle and Les- Any child, infant or in the state of adolescence, who is infested with worms can take this preparation and will nnd in it a sure relief and a. full p. tection from these des- tructive pests which are respon- sible for much sickness and great ma’ ciisacomcrowu GUARDIAN. llllllslllrlllci or llllllllll MANAGEMENT MONVIW. Na. ha. ii-"wiiat wouldyou think‘ of a bllllness that came through the greatest depres- sion in history paying all of its cash expenses, except a return on capital, a llmilerty which in 10B 111d timed $45,000,000 as a retln-n on invested capital and which. should the general conditions of 1m coma back. would yield a re- turn c! 000,000,000 on invested cap- ital by reason of improvements in the property and in efficiency. Would yomstoy this Dmliflrty defunct-it is no good-it will nev- er pay its way?" These were _ the questions which Mr. B. W. Fair- weathsr of Montreal, director, Bureau of Economics, Canadian National Railways, asked of pans- dian business men in speaking to the Rotary Club here today. His subject was “some misconceptions of tho Canadian National Rail- ways." "It is not generally realised," con- tinued Mr. Pairweathet. "that the Canadian National Railways in i028 stood fifth of all railway sys- tems on the North American con- tinent in order of net income avail- able for interest charges." Can anyone who has a knowledge of such a demonstrated performance and has any faith in Canada have any doubt as to the real value of the Canadin National system. I would not have you feel that I oon- sider the present financal diffi- culties of the Canadian National as insignificant and as something which can be lightly brushed aside. The system, in order to meet its interest payments to the public, in 1934 had to obtain $48,407,000 from the government and for 1935 the a. mount required will be appioximately $47,000,000. ‘rheso are very consid- erable amounts, which in 1034 made lip 10.2 per cent of the Mal fed- eral budget out go and 5.2 percent of the total tax burden of the coun- try. But- I wish to emphasize that when this cash deficit is included in the federal budget there is no- thing more to be added. The re- mainder of the Book deficit calls for no additional cash outlay and is non-existent in the senre of be- ing an additional burden. with any consider-awe increase in traffic, We ml? confidently look forward to the cash deficit diminishing until, should we return to the traffic level of say 1927, it would disappear. At higher levels the system would not only easily pay interest on its bonds but would also return a divi- dent on the capital invested in it by the government. Income Difficulty Even in the somewhat dubious distinction of income deficits the Canadian National does not rank first among railways 'by any manner o: means, the contract op- eration of French railways partly by the state and partly by private inteiests, last year resulted in a deficit of 4.600,000,000 francsfequiv- alent in our money to upwards of $300,000,000. Some people associate the large debt of the Canadian National Railways directly with the policy of public ownership. They either forget or ignore the fact that at the time the properties were ao- quired they were in debt to the ex- tent of tl,0o0.00o.o0o. It was be- cause they had this huge debt and could not pay even their operating expenses that bankruptcy threat- ened and the government took the properties over. Nor is this the ooinpietq story. the properties when in the hands of their private owners had been bled white in an attempt to financial solvency so that fllq new owner had to put into the properties large sums of money to rehabilitate them or to make good markeshift construction. Tile m amount cannot be ascer- tained, but I would venture‘ an opinion that it is not lea: than $390,000,000 all of which is includ- ed in the debt chargeable to gov- ernment ownership, but is prop- . sally chargeable to private owner- 8 D- laliwsy Property wan no allowanoeofor the fact that a considerable portion of the ,,_ , “, of the Canadian Nation- al, such as the Ixltsroolonial. was never designed to operate for pio- fit, the return upon the total in- vested capital prior to the depres- sion has ranged from seven tenths of one per cent to 2.3 per cent poi- Yflor and if a correction is made for the ‘ ‘ tel on properties not designed to b, ope-rated at a profit the retlnn on the balance CHEST COLDS YIELD QUICKLY ITHERMOGENE IRELIEVES (ONGESTION fAVOlDS COMPLICATIONS ,_- which might properly havq reflect- ed'the virtual bankruptcy of the properties at the time they wen taken over. You see there is one difire-nce between public and pri- vate ownership. Private ownership can draw a. decently carbcnisod sheet of bankruptcy proceedings over its mistakes and start afresh with the property on a i-ecapihlis- ed basis with past mistakes for- gotten and forgiven except per- haps by the l vectors who lost their shirts in the process. The Canadian National however, like Christian in "Pilgrims " must bear the burden not only of its own mistakes but also suffer for the sins of predecessor private companies. DiaposslMGMl "some have said they would glad- ly sell the Canadian National for $1.00 presumably feeling that by so doing the country would be bat- tel‘ off financially. Nothing is flir- thcr from the truth. I have pointed out that the Canadian National has, except in the eictrems depths. cf the depiessl-n, navel- failed to make some return upon its invest- ed capital. The property might be Aurania from Ham; harbour. l Sailings: Beaverfoi-d to London; Mslbyen Prince min rai- can: Ascnnls mm New York; Glenbsnk from Fair net; Antonia from Liv- lkNoi-wegian from Saint John; Ohedabucto fiom ED. Torts; Portia from Nfld. Ports. _ 17—Bydboholm from New York; Gexina from Saint John: Ilbrt Amherst from St. John's; Piisudsiri from New York: Inoemore from Boston. lB-Lovland from Halifax; Git- ano from New York; Nova l1 from Halifax: Airthria from GlNSiWZ Can. Victor from New Zealand; Belle Islefiom N-fld. Ports. 00-Man. Exporter from Saint 301m; Lady (Nelson from B, W. Indies. 21-Oavalier from Jamaica; D. of Bedford from Iliverllfiol; ‘Beaver- hill 1mm Saint John: Maenhlld from Nfld. Ports. . fl-Montoalm from Saint John; Larohbank from F's-r East; Dom. Shipper from Halifax; Aursnia. fioin New York; MoKeeport from U8. Ports. ZS-Ausonia. from Hnvm; Antoni! blicio from EC. Ports; Can. High- disposcd of for $1.00 and with it of course would go the net revenue, | this manlleLwoiild not carry with| it relief from the guarantees which 2 bonds in the hands of the public, that guarantee would be continued. The only dif erenoe would be that by the sale of the property for $1.00 the people of Canada would have the obligation of paying under the guarantee without enjoying the net available for interest, which has been as high as $45,000,000 in a single year, more than sufficient to pay all interest charges on the outstanding bonds of the system at that time." C. N. ll. Taxes Replying to charges that the Canadian National pays little or no taxes, as compared with private industry, Mr. Fairweather said that the direct taxation paid by the Canadian National Railways at present amounted to $5,200,000 year, as compared with the C. P, R. payments of $4,100,000 and indirect taxation, including sales tax, ex- cise tax, etc. to an estimated amount of $10,000,000 per year on the C. N. R. and to 810,000,000 l!" year on the C. P. R. the total tax payments of the two systems being $21,200,000 for the O. N. R. and $14,100,000 for the C. P. R. Mr. Fairweather said that attempts had been made to promote the miscon- cepticm that the capital expendit- ures on the C " n National‘ Railways, amounting to $432,000,000, from i025 to date had been wast- ed. He contended that the largest pill-t of this capital was wisely 0X- pended and had heavier rails, stronger bridges and better locomo- tives and cars not been procured, the operating costs of the property at the present time would be at least $12,000,000 a year more than uley m. an amount equal to the interest on the 08-01141! A0011? “Speaking as an economist," con- cluded Mr. Fairweather, “I find the assertion that them is s railway problem so serious as to threaten the existence of the country some- the people o: Canada gave on the GOOD BYE PIIiBATS what. at varianco with the facts. If the assertion were true, one would expect to find Canada burdened with very high unit transportation costs. Quite on the contrary one finds that the economic unit cost of railway transportation in Can- ada isaslow sst-hatofulyother comparable country in the world. One would expect too, to find a country in which the ratio of its wealth to its " capital was low, quite on the contrary one finds the ratio of national wealth to invested railway capital in Canada to be high. in fact, foi- every ‘dol- lar expended on " y develop- ment the national wealth has been creased i I lander from New Zeellllld- Zb-Chomedy from B.W. Indies; but the disposal of the property in Fort Amherst from 8t John's. its-Nova II from Halifax. sroiifrs narss (By The Cansdhn Press) LONDON, Feb. —"Clotlies for the i030 Wimbledon championships will be very simple and well tall- ored," wedicts Katharine stam- mes-s, well-known British lawn toll- ngg player, "The day of fussy pleats is over." "Tennis girls no longer look like ballet dancers. They insist on their clothes being as well as those of the men.’ Like Dorothy Round, also a Wim- bledon mi, Miss stnmmers has joined the staff of a $00115 Sbeoial- at firm to design tennis wear. Silk Hosiery ‘Trade In London Canadian silk hosiery enjoys favour in the British market be- cause of its quality and, in parti- cular, because of its elasticity as compared with the bulk of the domestic product, writes Mr. _H. L. Brown, Assistant ‘Prado Commis- sioner in london, in the forth- coming issue of the Commercial Intelligence Journal. Detailed statistics ‘of importa- tiolns in i034 and i935 are not yet available, but information from the trade indicates a considerable in- crease over the figures for 1033 when imports totalled 04,746 dozen $3’ r f‘? w“: 4a;1I/' , t...» IE All! pilltiillillifi this week, screened, i Victoria, Bras and Old sYflnflY . 01', . a SPECIAL PRICES EX Jscreenell. l. . , z, i . , li.'ll- ulna: tlilillliiiv- minder ..riw.:'...s¢-a"=-.. <. - - > 1.». v from New York; Ba from Jamaica; l Caii-nglen from Saint John; Cheda- Pentisnd to local harbour; Baxter FARMERS: Dick to local harbour. WEEK FEB. 18th T0 FEB. 20th. I Prowse Bros. Ltd. We sincerely trlistyour deliberations and findings During your stay in the city we invite you to make raléuaar 19. mo ‘Farmers liere is s Your Opportunity to Save 25% on All DVERGOAT! Men's Uvercoats Now, all remaining overcoats in stock have been grouped for immed- iate clearance at this special dis- count. Ulsters, raglans, dress coats in every fabric and pattern, in every size, on sale at 25 p. c. 0ft ' This sale also includes all Boys Overcoata will meet with every success, this store your headquarters. pairs; Ohoose Hickey it Nicholson's BRIGHT OUT SMOKING TOBACCO and enjoy the extraordinary ' mildiless that makes it s leader among The brlghtred package is lined with heavy waxed ~ P0P" to keel» the Wile-coo moist and fresh and to seal in all the mellow satisfaction of the fine Ontario grown 3:.‘ BBIGETOUTisthennootheItnnokefoi-s lIlCKEY & NICHOLSON TOBACCO COMPANY,Lld. o, . 0.0.. . .. p1- my“; of the property would range from in reason ofsuch develop- fiil ISSUE R l-llll“ ‘ To I‘ Bum" “Us!” Mgmgqul, gs}, g, Ls per cent to 3.1 per eeiit and iiient by :5 average figure of over 5mm mm“ m“ Office Connected wiui ' mm you ma, upon an, total ln- riom and this national wealth -——- (Orymnt nnpum, vestment without the write-down could never have been brought in- mrbvnm, Silk-r,- - s“ "—““ of one d0l1lr representing tile ad- to being without ills i-aliwu de- asoiiigfin oftosgilepetmlgliietxiplmotycd re: nmscnm, saslzo-(oial-cm- lwm‘ m m’ “W” “mm "iZL'EP°'" ' i“ or nets and sdx bones are being - gggswffi. g; ,$,",‘.‘.,J’;..."”i.o.““li tuned upfor .150’ an... o... n... BRINGING u? FATHER * pairs valued at £09,180. Canada's shale‘ in 1033 amounted to 24,027 dozen pairs valued at £30,408. It may be assumed with a fair de- gree of assurance that the total in i985 approximated 150.000 doaen the provided well on to one-half of the total. Ilnportations of hose are practically negligible, and it may be assumed that the above figures apply solely to woman's silk hose, Domestic FOLLOW THE controlled about BB per cent of till market in i080. . Probably four-fifths of till domestic production is in seamlesi or circular hose and the remain- ing fifth is full-fashioned. But of that one-fifth it is estimated that about tines-quarters is of iz-gaurl oi- coarser. In other ' words, only about ii per cent of the total 0W‘ duction of women's silk hosiery l! l gfi the finer grades of full-fashion- Dominion probably men's silk manufacture LEADER better tobamos. Hollows 1.,» m GE \l . ~.'.