MAY 19. §-—-* “ ""’ scour JOHNS-MANVILLE ‘Tu: nus » ir run SAFE rnirimu , new oars Si. cs1: care-they'll ell he "hittinfl "l" ‘NW’ m‘ "wk u-headed for the fllllll ‘n u u, enjoy the first 5x311 weather" holldl! 01 Munnrsnviiie susmtl veil take a tip and snake another tn F" - 7°" °"" safety of . b kes checked by "amflfiletil-lcnxd mechanic. If l" need e complete brake w: specify Johits-Menvllle 10'“, Lfqflngi. Then you'll Bncrifllfifi the some n10 Sfrfpping power motorists haVI mm‘; “pun slncfmfie l3‘: asbestos brill“? l’ . I i flfffcl, , J-M desler our ‘m, “i... can rive you "W" Ad“... on hrske problems. If your hrukes arc fsulty why m, m, him todsy? l‘ u: shunt Johns-Msrytvflle Bra’ r Liningg ._- theyre tops 0 safe still"! today. 0r "l" 51'3"” albino-Meson. Co. my’ 1062 Sun Life Dill- 1945.__ one MINUTE news - . ' SUlANO-I, Iiioniri-ai. Q119- LEGION FUNERAL for Lore Comrode FRED J. McWADb from 74 Boytieid St. Ar 8.40 o. m. ‘niursdoy, May 10"‘- BlRTiiS, MARRIAGES. I i aunts i 50c Per insertion, BIRTHS llitiixbl‘ - At the Prince Coun- -_,- iiospiral on Mel’ l3. W M13 n“ itirs. William D. Howey. H" M“ died lfavbcod of Clinton. l 5°" COMPTON-At Shorbrooke, P1111. on llay lllll, 194B. to Mr. and Mrs. ingiizalu ijolniltoll, s eon. 7 lbs- Cinnit-s l-{Oglllilld DEATIIIS fiWSlELl-l — The sfunerel of Miss Dom Tron-scale of Crapaud i;v livid Wednesday from the t-t her nepliiiiii‘. Edward dill‘, Westmorelahd. A shori- o Iii the house, then to Gra- "fed Church. service start- ‘ p m. hi. the church. Inter- . (‘rupnlid Cemetery. ‘ \\‘ - At the Prince County Mar l8, i948, Mrs. Alex- Hny of Cape Traverse, _ s. Body resting at the l r» ruueral Home. Funeral r 0.. Sflllillil‘ - Suddenly May 18th. on Strum-t of 35 Graf- ‘ in his 00th ycai‘. The rc- TllJlPS nre ‘resting tit his lat-e resi- tit-me \ slim-i service will be held 1y afternoon st 1.30 fol- ii_\' service in Hampshire :1 Church at 230. Interment hire Cemetery, . — Suddenly at. Char- ., Mny 17, 1948, Fred J. lxde in his 53rd. year. Remains x rcyed to his late res‘.- the in Memos-imp hill} Wins memory of my deer ‘1- i. James ll. Grccnsn who P“ H uny 9, i047. l h?" m“ m!’ life's companion A lit‘ liliLi-rl villh my own . i“ ‘l l liy tiny I miss him more " l i?" ‘hliiillh life slone. inserted by hi VITO. Ml! JIII (ircrnuti. ' Ir. Moratorium In loving mommy of m _ y deer ‘ '“‘_“b'_"il W. 0. Davey, ,who died .°,,;‘c‘|""s fr» today. “mun! msscd by his wife ‘snd lli Memos-lam In loving mum, f _ I! of my deer rill" “h” Pissed ewly Mu 19th. c , n21’ fir‘: Filth". lone Imus-t You he» u your lmuln‘ h“: ‘e left me to remember, earth osn tulle your piece. d hr his eon. Aloysius. M? ii. ii. MacLean uuoramtzrt EMIALMER Chsrlotteusm n‘ "Mi- Wfltehlro Phone tss fine on lnsertc THELCENTRAL cuARl DIAN COOK’! f0!‘ Phowlrdphl- CONFEDBBATION LIFE I IN- IIONI SAUNDIBI I806 for group snd wedding pictures on location. ‘ i.- PHONE SAUNDERS. 1800 for group snd wedding pictures on location. WHITE Gabardine Jackets with knitted Red-White and Blue trim Special $3.90 st Jack Comer-en's. NOZPICE. — We are buying wool daily. washed and ‘mwushed. Pay- ing highest market prices. Wun. Con-don d: Sons, Charlottetown, P. E. Isiond. ANNOUNCING A DUTCH AUC- TION - Holmarfs Charlottetown store. One beautiful bird's eye maple bedroom suite to be reduced 610.00 each day until sold. Auction sterts Monday 17. See it. in our uindow. POLICE COURT-At the Stip- endierv Magistrate's Court yester- day. three drunk and lncapables appeared, two being fined 8b snd costs or 10 days eech and the third being remanded until today. A drunk end disorderly was also remanded until today. A osso under the Prohibition Act was heard end adjourned until today and a case _ of non-support was also adjourned until today. HIM BOARD SHOWS PIC- TURE-The National Film Board gave e preview showing of om of their most recent productions st Prince of Wales College yesterday afternoon. Entitled “The Home Town Paper", the film was sn in- teresting one depicting the inter. est taken by s smell town weekly paper in community affairs snd the influence it has and the sup- port lt Elves t0 ‘hi? various activ- ities of e small town. FUEL OIL PRICE INCREASE- Adijustsnents lin wholesale prices of Fuel Oll to compensate for in- creased rail freight motes which went into effect on April 8th are being Ina-dc in the Maritime Provinces by Imperial Oil Limited. it was enrtourtced yesterday. ‘There will be no cihenge at the main refining uses, Halifax. and adjust- iments will generally reflect trans- portation costs beyond this point. In stress affected increases in fuel oil prices will range from one- quorter of one cent per gallon to forty-five one hundreds of one cent per gallon. Tihe old rate per one hundred gallons of fuel oil was $17.75; ithe new rate will be $18.10. Stove oil will be increased from $20.75 to $21.10 per hundired gallons. SEEKING INCORPORATION — In the current issue of the Royal Gazette appears notice of appall- cation for incorporation ftrcm e company to be manned Ramsey Washed Gravel Limited, to be established with headquarters at Conway, with a capital stock of $10,000. The applicants for in- corporation ere Er-lnnd T. Ramsay, Conway, R, Alexander Horne, Surrtmerside. Evelyn Marguerite Ramsay. Conway, Ruth Horne. Bummerside, and T. Leland Link- letter, Svmmerside. Notice also appears of application for incorpor- ation from the Fredericton Produce Company, Limited, with head- quarters st Fredericton, P.E.I. and capital stock of 025.000. The applicants for incorporation arc Donald Richard Baker. Kenslngton, willie/m Clinton Glydsn, Kensixtg- ton, George Henderson, Montreal. George Bmokins Kensingion, Jennie Irene Bsrwise, Charlotte- town. " Fqrmcrs Meeting lieid Last Night At 0e Cros Marsh , A large number of formers and their families attended e meeting lest. night in the recently renovated De Circe Marsh School. Mr. John Martin of the National FiLn Board showed pictures on various phases of farm life, with special emphasis on the business aspects. Other pictures were sit-town to school children in the afternoon. The chairmen inst night was Mr. Lewis Campbell, He called on Mr. Murray Greed of the Provincial Department of Agriculture to speak on club work with speelel mention of junior fsmners‘ organisations Mr. Creed out-lined the back- ground ond aims of the organize-t- ion etid something of what. hml been done in other districts. Ho commented 0n the place such organizations had in filling a gap between junior clubs and the Federation of Agriculture and ex- pressed o hope that the people of the De Gros Marsh district would continue to organize. During the pest few years a co-operotlve store. is oredit. union end a calf club had been formed. A re-mcdellkl school wtu an indication of post en- deavours. . ‘Mir. Llnclon Dewar, e prominent farmer and livestock mon of New Perth, gave e short address on the llbderetion of Agriculture, of which he ls a direct/ow. He ouit- lined the aims and obiects of the Federation end stressed the need for all farmers in P. E. I. becomlne members if the Federation is to he s. vital fem snd e voice of the farmer in collective actions-such as mounting policies for the betterment of edflflilllili". He outlined some of the things elreedy done. such so ‘the help in Plymefit for freight on feed, the Agriculture Support Board, sto. Several farmers spoke in fevor of both jimior famine organisat- ions end the Rdsrsllon o! Agri- culture and expressed the hope that 00mg definite sotion would result from the meeting. srmnile TAXI so... so; uowsnn sslfixrs- Pltted Footwear st 175 Queen Street. COLLEGIATE Dee end Ilotmge Jackets. Colorful Ts-rtsns st Jack Cameron's. FLANNEI. snd Gabardine Slecks at Jock Cameron's. I05 HEALTHY CHICK! bu] Island Chicks at the Island Chick Hatchery, Chnriottetown. AUCTION BALI of property st 108 and 200 Kent Street will tske place tomorrow (Thilrsdsy) st 12.30 noon. WORTIPS Drugstore will be the only drugstore open this afternoon and evening. LEGION CARD PARTY — Ari- other successful suction forty-five word party was held st the Leg- ion Home last night with mem- bers and guests gathering around 20 tables to participate in the Bvflnliis’! Plly- The cud parties sre sponsored by the Charlottetown Branch of the Canadian Legion every Tuesday night to raise funds for cigarettes and fruit to be dis- tributed to hospitalized veterans in the two local hospitals and the ssnstorium. The following sre ‘he winners of last night's prizes: Ladies-l. Mrs. Nelson Whitlock; 2. Miss Evelyn Griffin; 3. lvtrs. Fred McMahon, Men's-A. Mr. E, Quin. don; 2. Mr. Mike Robison. Conso- lation prizes -- Mrs. E. _ Gallant ufid Mr. RAIIBY Gallant. Door prize —Mr. Kaney MacDonald. Freeze- iilll Prizes ~1- Mrs. E. Gallant and Mrs. Della Shepphsrd. _ . Personals Mr. Lester Douglas, M. P.. is home from Ottawa for a few days. Mission Band Closing Program The Mission Bend 0f the Trlrlity United Church held its closing priigrzun yesterday before e iemgo audience °f Pfilmi-e and others interested in the children's per- fonmance. Mrs. R. E. Mutch pre- sided. Th° Pweram consisted of the hymn "Tim MC 1316 5W1‘? 0f Jesus." Prayer by the Mission Bend mem- bers in unison, e. Scripture “reading by Wilma. Taylor, the reading of the miinutes of lest meeting by Donald McKenzie, gong by give girls — Joyce McCelium, Barbara. Cameron. Joan Mill, Carol Thomp. son and Constance Ford; reading by Derrick Mallet; solo by Sylvia, Cw-iiipbell: reusing by Joan Mullet; S010. Niuicy Lee; reading, Carol Thompson; story, Mrs, R. E. Mulch; reading, Sylvia. Campbell; reading, Donald McKenzie; remarks. libs. A. D. McKenzie: song by s. group of Blrls. Jean McDouga-l. Joyce Mc- Collum, Barbers. Cameron, Carol Thrmpson, Jenn Mill, Constance Ford and Joan Smith. The children were’ trained for their renderin! of the various numbers by the supec-irttcrtdent, Mrs, H. W. Davlson. At tlhe close of the program the visitors snd children were treated to ca/ndy. BllllfiET HIGHLIGHTS (Continued from Page l) braille watches, effective Wednes- day. Tax of 50 cents s. gallon on spir- its used in vinegar-making repeal- ed, effective Wednesday. Dominion ccessio s duties gen- eral exemption increased from $5,- 000 to sMOOO, effective Jsn. 1, 1948. Penalty on unpaid taxes boosted from four and seven per cent to six and eight per cent, retroactive to last Jan. 1. Government to pay two-per cent interest on overpaid taxes up to $5.000 and one-half of one per cent over $5.000, retroactive to lest Jon. 1. ' Surplus of $480,000,000 forecast for the 1948-49 fiscal yesr. Revenues for 1946-49 estimated at 82.664.000.000; expenditures st 9,175,000,000. Estimated surplus of wl0.000,000 for the 1941-48 fiscal Y9". 00m‘ pared with $373,000,000 in 1940-47. Total revenue for year $2,880.iD.' 000. s decrease of $188,000,000. Total expenditures for year $2,199.000,000, s. decrclse of $435,- 000.000 Egtlmated net debt st end‘of fiscal year 812.878.000.011), s. de- crease of 0l,ot3,000.000 from the peek of liwo ytoors IE0- Gross national production in 19W exceeded 813.000.000.000. "P l3 per cent. from the previous yesr. Most m! the increase was due to the ring in prices and W589 rates. Too Lats To Cleelty WANTED-IIOUSEKBIZPEB. FOB particulars, phone 2135-11. WANTED — MAN TO WORK 0N form. also girl for tourist bust- ness. Good wages. Married coup- le considered. Wsllnce Rodd. Highfield. Phone 1002-8. WANTED - SCRAP IRON AND metals. For highest prices Phone 76d. Ahie Block. WANTED RURAL TELIPIIONI - box. Apply ‘l8 Grafton Street. IOII. SALE-ONE DISC NARROW. one lever spring tooth herrow, one gang plow. one two-row cul- tivator, one fertiliser spreader. All in excellent condition. W. J. Gibson snd sou, Msrshfield. rm: cuspnlsisilvcusntorrcrowu - Four Workman Injured When Wall Collapses IPour worksncn were injured and taken to ibospttal yesterday as the result of the collapse of the old north wall of the Moneghen lnlliid- irig which enjoined the south well 0f the Rogors Hardware Couiipany. Blrt, Coveheud Rood; and Ber-nerd Hughes and Welter Berrigen of ‘Charlottetown - were among e Bil-rig of from 20 to 30 men who have been demolishing the Mono- ghsn building preparatory to the constriwtlon of the new Woolworth store. The wall of the Monsgilum building collapsed without warning causing falling debris to strike the four mien end knock them to the ground. The Blrt brothers were resting comfortably at the P. E. Island Hospital lest nigiht as were Hughes and Berrigim at the Charlottetown. Trade Board Resolutions L} The Council of the Charlotte- town Board of Trade decided last night to encourage the idea of hav- ing all City retail stores close at 5 o'clock instead of 5.30 froun June 1 to Sept. 80 in order to give the employees an extra half hour of daylight for recreation. Mr F. W, Curtis. president. of the Board presided at lest night's meeting which was held in the City Hall. . Plans were also media for the observance of World Trede Week from May 31 to June 5. Following are‘ the resolutions which were unanimously passed by the Council: "Ilhst the Charlottetown Boa-rd of T‘rs.de go on record as booking up the efforts of Premier Jones and the Newfoundland Trade Com- missioner W. E. Agnew tn their endeavors to obtain improved steamer facilities betweerf Chur- lotietown and Newfoundland in- cluding cold storage steamship facilities. Newfoundland trade is a natural outlet for our agricultural products and it ls vitally necessary that proper and adequate facilities be continuously provided ‘by boots during the open navigation season. “The Charlottetown Board o! 'I‘rade in common with other Boards of Trade on Pirinee Edward Island views with alarm the hind- rsnce to our economic development caused by the fact that proper facilities for truck traffic on the Boriden-Tonncntlne route ere ex- tremely detrimental to Prince Edward Island and to New Bruns- wick, We therefctre strongly urge the Provincial Goverrment to press upon the proper authorities at Ottawa. the urgent necessity of s proper boat being put on this route for this purpose‘ st the earliest possible moment; we also urge that lihe ramps leading to the automobile deck of the M. S. Abegweit be strengthened to carry vehicles of 30,000 lbs. gross weight end that tthe turning ares at the top of the ramp be of sufficient length to enable trucks to make the tum in safety; we also urge thet pending the arrival of a steaizwr suitable for vehicle traffic on this route that the lower decks of both the M. S. Abegweit and the S. S. Prince Edward Island be levelled off so that trucks ‘can drive on these boots without the necessity of having to be loaded on flat cars. as st present. This l; also necessary for the late fell and winter truck traffic when the vehicle boat. could not operate on account of ice conditions." Other Resolulonl "Tlhat the Canadian Notional Railways be again approached in regrd to e late evening crossing of the Cni- Fenry from Tormentine to Bordon during the spring. Siilfltmel’ snd foil months as no word has been received yet in regard to the request unade in this matter." "Resolved that. this Board of Trade recommend that ti“ Provincial Government take up with both Federal authorities and the Province of New Brunswick the matter of im-provtne ti" "w" wey between Cape Tormentlne Railway Station and the Cor-ferry pier, as this is in a dlsflrlfielul condition. ‘This route is the largest entrance to Prince Edwmxl Island for motor vehicle traffic and the condition of this road just eermot be considered enythlfll less than horrible and M11861“!!- ' "That this Board of trade support the efforts to have "i6 Canadian National Rsilweyi! PM‘ vide clearly visible @1811! l"! Y” flectors end other suemurd- rush a; brush cutting Bl d-Bniemlls railway crossings which at preset!‘ constitute s. menace to hlilhWflY truffle and about which items hauve recently appeared in the P115!- "mt the Maritime mnsoori- stion Corrmissioh be rfllllfiild i° ask for an fimmediate survey to b1 made by competent authorities re- glpdln‘ my possible file hazard resulting from the 01mm"! “ml steel‘ qr wood of the M’. S. Ahegweit end tihe s. s. Prince Edward Island." _ "Thu the Board of Trade tsxe up with the proper authorities the motto.- of tihe present unsatis- fsctory condition of tile reli- NW1! at Wood Islands oi"- QAAAAAA AAAAAAAA ‘AA ‘w i " Maple Leaf 1: * T181 ‘ ruou: no: amour SERVICE t AALAQAAAQA AAAAAAAAAAAAAIAAAA The men - Arthur end Harry. and’ 7 let North Rustico Troop Your Field Commissioner ihss been doing organization work for the post month at the Stella. Maris School in North Rustlco. Twenty- ftvur keen end interested boys mks 11-21 four potmls (Curlew, Wolf, Fox, Beaver) in this Troop. At a cere. mony about a week ago the four Patrol Leaders were invested as Tenderfoot Scouts snd welcomed into Scouting. Instructional periods in Know. lug, Compass work, Lou's, and Hand 51811818. have bee-n canried ou-t as well as many lively games both indoors and out. Al; a meeting lest Sunday s, pfg5_ peotlve Group CIcmmlttee end Scoutmaster were interviewed snd it ls hoped that in the near future North Rustlco will have a full- fledsed Scout Group. lit SvurisTroop S, M. Welly MacKenzie has ex- pressed his wish to have boys out- titted with plaid neokerchlefs. I-loot Mon! With a na-rne like that who could refuse? With the present drought in neckerohief colours at D. H. Q. the plaid will be s refresh- ing addition as well as a practical solution. The 1st SOUIlS Troop are making plans to camp the first week in August, -—NOTE— ‘Ilhe following articles are now in stock at Provincial Headquart- ers: Leaderfis Neckerchlef Slides, S. Mfs end A. S. Mfs ‘Shoulder Knots. Oubmsstefis I-Is-t " dges. Leader's Hat size 6 5/8, Green Cub Jersey size 30. Green Flannel Shirt size 15, Scoutmasters Five Minutes, Scouting for Boys. and Cubmesterls First Year, Zion Church Men's Association Meets '1“: night Zion Men's Associa- tion wound up their yeafs activ- ities with n dinner meeting in the Church hall. A special feature of the dinner was that lt was oronoreiibv the men with Ml’. Harry Hill 511d Guthrie Baliinsal sieving the leading role. The sausage and beans vnhich provided the first course were donated by the Rendezvous restaurant. The hus- lness per; of the meeting. PW" sided oiver by Mr. Bruce Mac- Loren considered new activities as suggested in a question boil submitted by members, The meet- ing decided to reinstilute and provide leadership go the snnuul church picnic plan and to smili- gairnste with the Sunday School to provide o, greater observance of this event than theretofore. Mr. George MocLeod W115 appointed chairman of the committee and in sqeeptlng this post he made it quite clear to s11 that he would increase activity in this respect- The matter of church census and provision. of up-to-date information on Zion members and adherents was considered and it was decided to leave this met- ter open until the next meeting and iwone in cooperation with members of the session of the Church‘ to complete this work. Guests of the meeting who spoke briefly were Rev. JR. Skinner, Dr. AD. MecKenzle and Mr. Jack lifscNsir, president of Trinity United Church Men's As- sccistion, ‘Fae meetlng- adjourned lo meet in Septeiiruber next. sroiiv siieifce (Continued frb-m Page l) A welcome clause of the budget for the well to do comes with the Finance Minister's raising of the exemption level on estates for Do- minion succession duties from 85-- 000 to $50,000. (This action witi re- lieve about 90 per cent of the smaller estates which are now taxable by the Dominion Govern- ment.) Bequests to charity which formerly were taxed st the rate of 50 per cent. are now 100 per cent tax free. Income tax concessions are conspicuous by their absences. Among the very few ere the rais- ing of the exemption floor for single persons over 65 years of sgs from $750 to $1,200 end for mer- ried persons of from $1.500 to $2,- 000 in the case of those with no dependents. Mr. Abbott announced s new concession to the strictly honest taxpayer in that the Government will pay interest at the rate of two per cent on overpayment of taxes up to $5,000 end a half per cent over that smount. The Finance Minister took ll large fooiscsp pages in explain why there hsd been no "sartorial tax reductions". saying that any such reduction (such as the United States Congress passed earlier this year) would be "a betrayal by the Government of its responsibilities to Canadians." There were long faces both on the floor of the House and in the galleries which were crowded with more than C00 spectators. The most frequently heard comment on Mr. Abbott's conclusion was "Well. that's that; no Federal election this yesr." e Taylor's , Announce THE REMOVAL OF THE 25% RETAIL PUR- CHASE TAX ON COMMUNITY PLATE, i847 ROGERS BROS. CLOCKS UNDER $10.00. FLATWARE AND . BEGINNING TODAY YOU MAY PURCHASE 1m: ABOVE TAX FREE G. H. TAYLOR Jewellers’ tor Four Generations _ PAGE ALARM i SALES TAX (Continued from Page l) cal yeas- and flIJIMO for s III year The foods being freed of the sales tax are mainly conned. pack- aged and processed products» They become tax-free tomorrow, with a revenue loss 0f $39,000,000 s yesr. Mr. Abbott expremed the "hope" that the lifting of this tax will be passed on to the consumer by way of louver retail prices. But there is no compulsion on the trade to do this. There is one bright spot; for the imam who pays income tax. The refundable portions of 1943 and 1944 taxes, withheld during the war as on anti- lnflatlonsry measure, will be limtped together 1nd pald be- fore next March 81. This psy- mont will total $250,000,000, including interest. Another long-sought concession is the Government's decision to pay interest on overpaid taxes. This will be st a rate of two per cent on overpayment up to $5,000 and one-half of one per cent on overpayment over $5,000, retro- active to Jan. l this yesr- At the same time, penalties for unpaid taxes are increased-from the present rates oif four snd seven per cent to six and eight per cent also retroactive to Jen. l. Federal taxes of 20 per cent on theatres, 25 per cent on other amusement plums and five per cent on horse racing bets are be- ing repealed tomorrow, taking the Dcminlon out of these tax fields. The revenue loss will be $23,500,- 000 a year. Tariff Adjustment: South downward. adjustments in tariffs are being made and British preferential duties on cot- ton and rayon piece goods are be- ing suspended until June 30, 194-9. This should bring lower retail prices and increase the supply of these goods. The three-per cent tax applying to imports from general tariff countries is remov- ed. All these tariffs are effective tomorrow, For business, the tax benefits being allowed oil. mining and ges companies on their exploration expenses will be extended through 1949- This is to encourage the continued search for new sources cf minerals, oil and gas to develop the country's natural resources and conserve United States dol- lars. For the young couple setting up a home, there is e. concession in the cutlery department. The 25- per cent sales tax is removed from silver-plated lcnives, forks and spoons. This tax is also lifted from alarm clocks selling up to $10 and from braille watches for the blind. Both actions are effect- ive tomorrow. The revenue loss is $600,000 s year. The tax of 60 cents a gallon on spirits used in the making of vin- egar is retpealed, effective tomor- row. It was aimed at encouraging the production of cider vinegar but is not having this effect. Vin- egar prices now should come dciwn. In the field of death taxes. Mr. Abbott announced that the Do- minion succession duties general exemtpion will be increased from $5,000 to 050.000, retroactive to Jan. 1. This will aiYeetJiine out of further into the future than just this year. They must realize that times are “exceptionally good," economically and financially, and that it would be imprudent to rel) on those conditions continuing in- definitely. "We now should be preparing," he went on, "for times when mar- kets snd employment are not so} favoroble—or at least iviien we, will have to spend money to sup-ll port them to meet other expendi-i tures that turn up when business‘ turns down. "Our surpluses now are tempor- ary surpluses and will quickly dis- appear when we have more diffi- culty in selling our goods abroad and less capital expenditure by business in Canada. "We should, therefore, be putting away what we can now for a rainy day. In our case, we put it away by paying off debt." ‘ Ile pointed to the clouded international scene and warned that Caludn msy he faced "at any time on short notice" with a large increase in expenditures on notional defence. "As long as that remains s. pos- sibility, we should have some oon- siderable margln.of safety in our revenues to take care of such en increase in our expenditures." otherwise, we \vouid have to add to the other disturbing effects of en expanded defence program the complications of sudden inflation- sry expenditures or sudden ln- crease in taxes. "A substantial sin-plus will help to keep our powder dry." Another Consideration But there was another consider- etlon-hhe effect of s sudden surge of tax-freed dollars on the cost of living. If the Government diverted its prospective surplus into s reduc- tion of taxes now it would add "hundreds of millions of dollars" s year to the already intense demand pf the people for more goods snd more services. But this would add ‘nothing to the volume of goods and services _ available on the coun- try's markets. The people would try to buy more. but there would be no more to buy. Prices would be sure to rise. Some people would profit, but others would lose out to the higher cost of living. - "The apparent benefits of tax reduction,“ said Mr. Abbott. "would prove to be e ndrage ex- cept io those strong or fortunate groups which can profit more than they suffer by higher prices." ‘Then, again, Canada was strugg- ling to live within her means es for as foreign exchange whs con- cerned. She had to export more or import less. or both. It would not be "sensible" to “s-lesh" taxes and increase the amount that people and businesses could spend on goods and services. Mr. Abbott disclosed that. some friends had suggested he bury" part of his surplus in "some sort of reserve" for future expenditure on national defence, national de- velopment or social security. It would, they said, make it "less visible" and less of e “temptatlorfl for those who felt. taxes should be reduced, This could be done, but it simply alter nothing in reality. Turning to the unchanged pu- sonai income tax rates, he recalled that there have been three sub- stantial" reductions since the end of the wer and defended the pre- sent rates with the observation every 10 Canadian estates. The revenue loss is about $5,000,000. In addition, there will be no tax~ on any part of on estate left to charity. At present. only up to onc- hsif of an estate left for charitable or educational purposes ls exempt from succession duty, Other minor succcss'on duty changes are also proposed. On a handful of miscellaneous items. lVLr. Abbott removed or modified taxes applying to matches, lo-millimetre movie snd slide pro- jectors used in schools and church- es, wheel chairs for lnvalids. rope used by fishermen, hey presses, crushed stone and crushed gravel. The tsll, debonelr Minister, reading from s. 13,000-word speech to an intent Commons and crowd- ed public galleries, minced no words about this being e "no" budget. as far as major tsx relief is concerned. As he came to the section desi- ing with this his tax proposals, he msde this outright statement; "I have come to the conclusion that the budget this year should contain no general tax changes." Later. he put his budget philo- sophy into these words: "The general policy for this year should he to use our surplus to re- duce our debt snd thereby to fight inflation in the manner most sult- ed to our type of government and our wsy of life." Canadians must. he said. look tflt they are the "lowest" in the English-speaking world and no ser- ious impediment to work or 1n- lttstive. Business Told No Tax Cuts Needed OTTAWA, Maj’ 18—(CP)—Busi- ness was told tonight. by Finance Minister Abbott that it needed no tax reduction in his new budget- snd it got none. The Domlnlon‘s corporation tax. the Minister announced, will stay at its current level of 30 per cent of profits. While Mr. Abbott conceded this tax is "substantial," he noted that -even with the addition of Prov- incial corporation levies-buslness would be bookkeeping end would- iWiii Exhibit Rare “Diamond” Display LOCAL JEWELLER. SHOWING TIIE WORLD'S FADIOUS GEMS IN REPRODUCTION through the ages the msg- nificence and fabulous wealth of precious jewels has fascinated the , impulaee of the world. Interest is no less intense today and that. is why it ls anticipated first during the next few days the cztlzens of this city will find them. selves intrigued by the pretentious exhibition of "Famous Diamonds of the World" to be presented by G Taylor, Jeweller. This display, showing reproduc- tions of the most noted and larg- est dlsmonds ever to be found will. be on view for the first time to- morrow at Taylor's. 0f cottrse, the public is invited to see it. The exhibit will include repro- ductions of such famous diamonds as "Regent of Pitt" weighing 13g- 7-8 carats: the “Amsterdemmer” 194 3-4 carats; the New KOh-In NOOr. 185 1-10 carats; the "Old Koh-I-Noor" 2B0 carats and other; equally famous including the “Great Mosol";_thc “l-lope"; thQ "Tiffany" and the 633 3-4 eel-st, “Jubilee Diamond". which was pre- sented to Queen Victoris of Eng- land on the occasion of her reign- jubllee. - This display will be in the win- dows of G. H. Taylor Jeweller‘: for the next l0 days. M C-YEAR-CLII (Continued from Peg. 1 height and weighing eboue Q Pounds. Preliminary (“q-bowl was similar to identification given. 10 the police of Arlene Anderson's slayer. Harvey said he saw the m‘; Hid girl Iwolk into the bush when; ‘she was found. some who w“ the sow the man leave the ores: and waljk up s railway bank, om" 1h! lrlvks and disappear into revn lnes to the north. His suspicion would h“. N“, aroused but the girl and mm sp- peared to be friends. He hem h” by the hand snd s; they Mme m n mud puddle he would lead he; around it. Shiverins with cold, Teresa wee found sitting in a clump g1 bum" in the old Belt Line area, s mile or so north of the city. A t/i-gii g1 blood led police 50 feet from a bloodied, two-pound rock to W119" she sat dazed and muddled. "I’m scored," she u-iigmpered g, her finders. Then she asked fu- her mother as officers a-rappdd her in s comforter and carried her lo a. cruiser. An apparent aligning was ma“ to hide her body; Numerous branches found near the rock led police to believe they had been placed wver the girl, ‘Ilhe branches, ripped from uri- dcrgrowth, vrcre tcn thick and sirens: to have been broken hy nnynuo else hui a man, p011“ said. Thor also investigated tire marks which entered and left. the not sic-pt, since she (iisnppcared at 4 p.111. yesterday while going to a sic-re for a spelling hook arrived ll the sick children's hospital 15 rvninuics after her admittance. "Thank God." said lVfrs, Dow]- ini: when fold hy g-Ppnftgps Of {he discovery, Al, the hnspiiisi the fa. iliei‘ FflllflDscd mid was given. t-nerlical treatment. Scores or searchers 115d hunted ihTOi-iflh the northwest section of Toronto and nnrlh of the city. A telephone call from a resident Who had seen a little girl st s pm. last night turned their at- tention to the old Bell Line ares. Police Chief Robert Aieximdq of York Township made the dis. covet-y. He shouted as he bent t. pick up Teresa, She managed to give one iitilo smile as she looked around at the police with her ons good eye. The other eye was closed, apparently by a blew. in this country pays less than lli the United States. In both countries, corporatlom were "thriving, to say tho least." Phone ‘I711 Competent lllgllffllliitl Service HAVE A TALK WITH MORTON DEW Eosterri Trust Bldg. Charlottetown flrld 100 yards from the IDOL‘ where Terran nun fnimd. The girl's "imrcnis, ,\ir_ and Airs. Hnruve Doivling, iwhci hnd