0 race so. on NcE.‘_’c.’pwARD vtrlnllollcxfidtbfi PRINCE ED WARD iiUliilUPiil5 ' _ ' , r - Yvonne - Cecile - Marie Annette - Emelie A nj:(0llNInY ocmli lg “JEAN HERSHOLT ~‘ ._ ' - JUN! um: sum SUMMEIVILLII mcrun wna-..:n. ooaomv links on} ‘lteiovfllhd end» :5: 3'.“ , tufinlrel npurvlrluu 171 7.00 & Dr. Allan Roypofoef M15 P. M. THE ii , /omaeilllllillllillfi Yvonne 3 Cecile - Morie - ‘Annette - Ernelie 1;: touurfivsnotron THE FIRST FIVE-STAR PICTURE! ‘TODAY ONLY 3.l5—7.00—8.45 P. M. GEORGE ARLISS -N “MISTER HOB0” ADDBA)... .LOWELL THOMAS NEWS-—’l‘llIILIo8 FOB TIIBLKA Thursday nun-. no, in their First lull-length leature picture '—Saturiiay 260, 32c, 37c. . ‘ g —l=riday 260. Evil. rm: CHARLOfl“'|'ETOWN GUARDIAN \ :__ L/—i.‘.'l I uL— A s.1s—v.oo—I.I5 r. I. S. 8. VAN DINTB Garden Murder Case men A Edmund Lowe-—Vlrclule Bruce . . . Cartoou‘—0ddity we Todd-Kelly comedy ‘ ADDED . . . MUSICAL AN BUCK JONES ssnur. THURS.-FRI.-SAT. DAILY ::.i5——1.oo—-8.45 P. M. “"70 r:: 3.32:: ' PUBLIC FORUM This column In upen for flu- nilueunlnn by corrupumlcnlu of questions of interval. The .l..'hnrluli¢-town Guurdinu since not I-H‘-9|-urlly ' . . nu llnllllfllll of correnpumlcnlu. this mixture made by the Seed Branch. Dominion Department of Agriculture, which administers the Fertilizers Act showed that it con- tained 74.9 per cent water, a nitrogen content of only 0.55 per cent, phosphoric acid 0.05 per cent and water soluble potash 0.0’! per cent, the last three elements be- ing substantially below the per- iff '.VioIa.tions or Fertilizers Act llomeo oulette, of Ottawa. was blind guilty in police court on ' Inxioh 30th of selling fertilizer (so- ' tailed) contrary to. the provisions sections 4, l5, and 17 of the tages required by the Act. rs an and was fined :15 ‘’e“ . end costs. Oulette sold compost 3:.1e£:_ sold ms product my ‘Z0 ‘ ind decomposed material to which . I -he claimed commercial fertilizer spnmavug 5011001, v - lbed been added and advertised the Report of Sp)-jngvglg schom for ’ Iniliure as fertilizer. An analysis of the month of March. Grade x——1. Finley MacLeod. Grade IX—-i. Heath Johnston. 2. Kathleen Carter. Grade VIII sr.—l. Elva Sentner, 2. Irene Farrish. 3. Lorna. Crabbe. Grade VIII Jr.--1. Florence Coles, 2. onid Dollar and Phyllis Mac Neill. Grade VI—i. Kenneth Mac Donald, 2. Daniel Coles. Grade V—l. Ralph Gillespie, 3. Eric Matheson. Gerald Dollar. ‘ Grade II—l. Audrey Kent, 2. Ben Tescher—Mary Edwa.r.ds Matheson. “‘RUSTONE"v prevents the cooling‘ system from rusting... coo. 16 oz. can .~'n‘«~. . tvoREAoi‘vAUouj7",'e ;. . cl-IAIN8 ' - V Have them withiyou ’ listen flmeeifur.-~‘Iufe= ' _drlvlng., . _ - 1 MQNARCH for long service. ",g_pgrauteed. ‘L .. » rfihéos. ,4’ ‘ nlalfl Alli"?-.‘~.‘» * unlit? :, -. .3 . I ‘ «‘’’protect the surface.‘ CHAMPION" SPARK PLUGS 800 each CHAMOIS AND SPONGES . lmske cleaning easy. Chambie .. . . . . . $1-00 Sponges .,... .101;-& 60c u ' “ 8_l|V|ON|2 .'.'.'I'0...cie’a.n. polish; and lcieguer ,. ......-, 65¢‘ can Jean sentner. 2. Helen Macleod. 2. _ “?P}“}}l}‘°_“_l¥9‘P ‘P39 4’ states it is little wonder that the bills sent out since May last by The Mztritiine Electric Co. contain no mention of the A. G. E. system as they formerly did. I am, Sir, etc., JOHN F. WHEAE. FINANCING CONSUMPTION Sir-,—'I'he following extracts from that interesting and informative book “Economic Nationalism" by Maurice Colboume may be of in- terest to your numerous intelligent readers. “Goods to be sold at real cost in- stead of financial cost. The real cost is a proportion of financial cost of consumption. We do not know what |)l'0p0rtlon_ Let X equal unknown proportion then by Algebra X multiplied by financial cost equal to real cost of production therefore X equal to—- Real cost of production Financial cost production t tine real cost of production is the financial cost of oonsumption therefore x equals- Financial Cost of Oonsubiptlon Financial Owl: of Production This ntlo O/P is known In the price factor. Present prices must be multiplied by O/P in order to reduce them to the desired price. The two price of an article must have the same ratio to its pruent price as the value of consumption bests to the values of production. The price so arrived at is called the Just price. In short- Just price equals present price 0 ('Nhtiona.l consumption) x by —————- P (Notion Produwmf) so much for the simple mathem- Ind limduction are (like iaobuygooda at the list price of whettbey ectusily paid. If iloneilhincourtoinlnthls Credit or shortly W Dr Our: Book or oouaum on Pnyee at cheques X nun-1- — or Production P depositing some The respective amounts of oon- 1' tofourorivteuirnto Thllwould tine money justification for 1 national discount is plain enough: it is that by it consumption keen: DIM with pro- duction—-the economic justification of the creation of enough money to cover the amount of the national die- oount is also plain: for-unless itil created the seller is going to be out of pocket. But. asks- unconscious victim of nnentions of bankers propliz-mda—will it not mean the state creation of e vast sum of money which on so- cumulating forever on is 'never cancelled and therefore will do- preciate in value? This question is very natural. The answer is noi Because every penny issued on -behalf of the national discount and national dividend would be debited against the sum standing to the national credit in the national credit account. The world's. populntion is about 2,000 million. Mr. D. Fergusoin. Statistical Dept. Br. Elect. and Allied Manufac- turers Assn. states the total cav- acity of machinery was in 1930 390 million horse-powen or 3900 million mble bodied men. Or as Mr. Ferguson put it: “For every eon- suming unit there are about two non-consuming units. We have tried to lay a founda- tion. The age of scarcity is over because the machine can keep us in abundance; but in doing so the machine is taking from us our work, our claim on bread: we must. therefore, find mother claim on bread; and we find one in the machine. because the machine is our own making and our right by inheritance; the wealth is inherent in the machine and is therefore also ours. There is ample demand for consumption. There is plenty of capacity for production. There- fore distribution appears to be at fault and since money is the means of distribution the lack of its cir- culation in the hands of the con- sumers is undoubtedly the cause of the trouble." (End of quotation.) It should be mentioned that ex- ports to foreign countries will not be paid the retail discount which is only applicable to sales direct to" the consumers. Therefore exports would be sold as now, for whatever they might fetch. Imports when they are sold to the corrvumer would have the bene- fit of the retail discount. The Major Douglas plan proposes a na- tional retail discount of 25 per cent. and a national dividend of 925 per month. From the following entries in the books of the Central Bank and the Commercial Bantu when dealing with the Social Credit cheques issued by the Government under the Major Douglas Social plan. if ever adopted, it will be seen that there will not be any i \ iiiiarliart Warns, be u 0f Financial collapse . - . (0. 2. By uuirdt-3;-ms!-vi-1 "W wlililanlnoosberhairc of Social credit Alberto todly painted I Wmb“ verbal picture of imminent finen- ciel obuspse for ti“ D°m*1“°“ ‘m’ it; provinces unless 1'-he l1l'0bl9m 03 mounting debt was firmly and q‘g°51l1yngdG‘hll'li8:l‘l.hl7I.nIdl’I no. I on technlcnl default, the Premier ma down thno rules !or evasion of destruction he 81'' in go .-. ‘ l debt. The ore: 1.’-lvlv. must learn no inaividu-I state can hope to borrow itself out of debt. Refunding is merely an evasion of technical default and dog no; mane. the provincial debt. 2. "We must learn we cannot continue to meet the he“! 10"} extracted by the money-b0|'1'°W€fl-' Mr. Aberhurt spoke of Alberta’: plans to establish e provincial bank and said the provinces could only hope to iepey debts through an issue of their own medium. 3. "We must learn we cannot raise the stands-:‘ of living of our people without new methods of dia- tr “ purchasing power." The Premier described I. technic- al defsult—the payment of interest on an obligation while postpon‘ payment of principsl—a.s one for ‘which the originator was not to blame. It was not a wilful or intentional default. Alberta defaulted technic- ally on its April 1 maturity because the province did not have access to the means to meet it without "sell- ing its birthright." Ill MEMORIAM MB.-S. ALICE WEBSTER cvcl - There passed away suddenly st Marie in the home of her brother- in-law on-‘April nth, at; the ad- vanced age of 92 years a highly esteemed lady in the person of Mrs. Alice Webster, rellct of the late Judson Webster of Midgell. she was the daughter of David and Margaret Anderson of St. Peters Bay—one of a. family of ten-—ti'u-ee sisters and seven brothers-—A1l have passed to the Great Beyond, except Mrs. Parsons of Charlotte- town. Three of the brothers were life-long residents of st. Peter’: Bay. where all the family were born, viz. Oliver. David and Robert Anderson. The other brothers were Edward, Albert and Gilbert and Henry. The present generation will recall the sisters: Mrs. John Webster (Jane Anderson). who lived in Mass. many years; Mrs. Judson Webster (Alice) and Mrs. Passmore (Anne) Charlottetown, (only survivor.) They all lived to a good old age and maintained the good name of the pioneer Ander- of st. Peter's Bay congregation. In indefinite accumulation of uncand ceL‘ed money and therefore depre- ciated in value as generally believ- ed. ' CENTRAL BANK When the amount is ascertained by the Government. the Central Bank authorities will be informed and a Journal entry will be made as under:— D 0 National credit a/c - Dr to Nationpl Drawing u/o — and at the close of each period when the cheques issued by the Government under the plan. Ind dealt with through the Commercial Banks are submitted to the Central Bank a Journal entry will be made for the total amount of the “ ,ues as u\der Dr 01' National Drawing I-/0 Dr to National Credit 1: Thus closing the transactions f the period. N3.-Jrhese credits are cleared when the depo-itou draws cheques against the crlziitl so utebliahed. The Common‘ 1 Bank: would continue to nnonoe production wholly And consumption partially as at present and would benefit from we improved business condi- tions thlt would follow the Phdell-I Government‘: financing consump- tion with this debt free credit. The unemployment uituotion would duo be oonsidersuy relieved then- by end the payment of relief would no longer be neoenury. The plan if penluendtholugeatnumberof eiltobobenentedwouldbepooaer eluue. ' sdeceased her about nine years. early life she often acted as Leader of the services of praise. and she was always present as a devout worshipper. until the infirmlties of age prevented her. Of her. it could be truly said: “She hath done what she could." Her husband pre- Mr. and Mrs. Judson Webster, very generously .emembered the Congregation that was dear to the. all the days of their life. and their names will be held in loving remebrance for years to come. The funeral services were impres- interment was in Midgell Cemete y. where many of her kinfolk hove id. “At thy right hand are pleasures forever-more." (The deceased was an aunt of Mr. J. A. Webster. Water Oommissioner. Charlottetown. MB. JAMES GEORGE M033! Mr. James George Mobbu. for more than half I century a. reel- dent of Winchester, Mud, th. Mr. Mobbe would have been 32 you-soldonAprilm.Hewutbe sonofwlliismltandoetherine Bowiey (Morrow) Hobbs and I y .. ‘ The debte—uIeo—l‘Irn_hh home or for any useful LAMA- 1.-aoasic-22'-2:4-21-rails’-I-4. ' Montreal" 1000 Rooms ?_ no voixi ivnroflmowsvz > General Finance Eastern L_td_ llend ofllee Not-lulu mag. New Gluguw, x, g, , . Ind Brunch oiuu loaded at -isouusuui.cauio¢u'wun,r.u.L l!AIee::leenee§l;I0.o0lol3|OJ00'l:o1;rIounofgooa . cu: be .: to guy on the lmne—hoIpltIl biliI—cqpg| woo-e. ' Consult CHARLIE w. nuxmuoiv, Agt, - oimiomunm, 1». s. 1. -- -JL 22. 1-150 I I . AAAAA rvvlv-O-9+.‘ r-u I In‘ IIIO . ° vw++«.,,, MOUNT ROYAL HOTEL Canada 1000 Baths REASONABLE RATES a la carte and table d’hote service in all dining rooms J. ALDERIC RAYMOND President. VERNON G. CARDY Managing Director union of the comments and prayers list of names I find some forty of men well known in the Maritime Provinces. among them: Dr. J. B, Bonnell, Dr. Clarence Muokinnon, Prof. Norman M. Gall’. Dr. E. C. Hennigar, Drs. T. Albert Moore, Harry nice, A. 5. Rogers. G. D. Steel, Egerton Bxecken. W. G. wat- son. and C. E. crowell, Revs. Wilf- red Gletz, Herbert Gornull and the Presidents of Acadia and Mount Al- lison Universities. Mr. Hamid Black was granted his BA. degree by Mount Allison University in 1907 with Honours in Philosophy. He is a. brother of Dr. W. A. Block of Toronto, and 01 Mr. C. H. Black of Charlottetown, P.E.I. They are the sum of the late Mr. and Mrs. I-Iibbert 0. Block of Pugwash, N.S., and grandsons of the Rev. William Alexnnder Mc- Leod, D.D., for many years editor of the Wesleyan. Mr. Black is now living in Beverly Hills’, cnlifomie. speaking of the book the publish- ers BBYI son family. Mrs. Webster was I 4-wfltgen by men who understand loyal. faithful and devout member mday-3 dimounkfi these dluy appropriate thoughts, with their simply passages of Scripture and expressed prayers. reveal a percep- tion oi ” problems that would be hard to equal. .Often they put clearly into words those thoughts that have lain half expressed or dimly formed: to discover one of pesuaes brings a sense or these quickening satisfaction. "As I companion for those mom- ents of the day when we seek re- newal of spiritual strength, the vol- ume will be a source of’ enduring gy lung‘ satisfaction. The contribu- sively conducted on A 1 14th b “*5 Ye boon Irransed. one for her pastor, Rev. W. E.p,‘Alitken, and “ch d‘y~ Wm‘ “Dem” 5°19¢“°n5 for the Church holidays." The volume is well printed. neatly accompanying each text. In the tuing and substantially bound, mu con. 5-9 ml’-nil pages Is there an day: in the year. 1 have found tho book very helpful and can heartily recommend it to all those who with guidance in persons and family worship. i CBAPAUD PERSONALS Mr. Stewart Sheri-en. crapaua, has returned home from o pleasant visit in Earnscliffe, the guest oz in; sister, Mrs. Celia Macxinnon . Mr. Edward Sharron, Gnpaud was a recent visitor to Earnscliff. Miss Florence Macuod, Crlpuud spent her holidays with her parent: in Rurtsville. Miss Bertha Thompson, teacher at Victoria. spent Easter at her home in Kensington. Mr.‘ Ind Mrs. William Bell and little daughter Gertrude were re- cent visitors to Victoria. Mr. Thomas Kehougih, Vicioril spent the holidays st his home in cape Traverse. Miss Myrtle calbeck, Cropaud is visiting in Rose Valley the guest of Miss Annie Neweom. l.0.0.F. Natal Day Committee presents the Pageant “THE ROMANCE OF THE YEAR.” I. 0. 0. F. HALL Aprll I'll]: and 28!]: E00 P. M. The public my secure tick!“ . from the committee. 'l'lCKE'l‘S—50e EACH. L-3938-I-23-Iii. native of St. Peter’; 1'. l. I. mend- inu his early life and receiving his education there. sixty years ago he cum to this country and for the pest M years had been 9. resident of Winches‘ living for many yours on Mnin 5iv!'°°f- 13111108 his active life he builder. being affiliated with the Book "of Devotion untiannonma' ‘IC.'Dr.G. E: Eggiiiiagi wuhabualnenuroontreetorend’ 181 Queen St. Coach Excursion Fares To Moncton, N. B. To Antigonish, N. S. Good going Friday, April 24th Return Limit, Monday, April 27th W. K. ROGERS Phone 540 Of A °" Eztzfi _’A_ttractive Terms for New-Construc- guru ,';°g.o,:,¢ my , ,,,{,,",:,‘f |- tion in the City of Charlottetown ‘ service: were held on this under the Pl'0Vill0llB Of the m’.:"°"‘°°.“.......“ "‘°ll‘§'ua':'£ - L * .2.-:22: liomimon Housing Act, 1935 Island writers of For further information apply to J}, ‘Pull voun new |i0lliE iiliil Mortgage Funds Are Available . L. M. POOLE & C0- ’ «Representing the sun us: Assurance coimuv 7 ,..!i|‘:‘.1.ii!.i!!°'i