MAY 19- .19!

{-7

finance Minister Reports gurplus Of $670,000,000

{ff

and or liillshuro

nd MrTA-lbnzo Birt were

UPPAWA. May 18 - (OP) - A record surplus 0f $670.000,(I)0 for the 1047-40 fiscal year was re- ported tonight by Finance Mlnisie: Abbott in his Budget speech to

r. ii 4 , the Commons. ill Charlottetown on Wednesday That. compared with a 1040-4‘! , in Douglas surplus-first recorded in 17 years fill-Fm‘ Mf§m'§o“&_$ wodngg- -of $373,000,000 which was an -i'e iiiltihfll’ amount greater than the total of m’- ' _i all previous surpluses since Con- . ' Omicron Char- federation. W51? 81:12:33 the week-end at Revenues for 1041-48 were 8'1.- .°“"°‘]‘n,‘ ,,. no. district. 260,000,000 and expenditures l" "U j i99.000,000. In the previous year . DQ011135 revenues totalled sa.001.000,000 and My, fllld Mus. Albioin t _ ‘ f Charlottetown spelt expenditures 81034000000. {"4 rllfr. DouBlR-‘F 1mm" Mr. Abbott said the practice of "irimufnn; district. budgeting for a huge surplus in i0. . _-_ I times of prosperity is justifiable. \lr= \\'l.llll‘(l K611i! allliliallkrzm‘ The 1947-48 surplus, consider- ‘. ii Point are v5 n! '5 ably larger than the largest pre- y Ihiizgznis. Mr. and Mrs‘ war total budget. would not be gglfd, Hcflll of llillsboruogh. good policy, he said. were it not ~'-" s . t m for the need to “check inflationary .\l..~t Hclrti Brain!‘ 0f égéigffzdinz iorces at this time and to redeem has iiikcn up M; mvme~ 0'! our debt Bi quickly B5 W9 Ci" buszncss iiiih - tinder the circumstgances as favor- pi-alres Static". able as they have een." ""' “There will never be a better Mr fill" M“ H“? time to reduce the burden of our lioimt iidirnrd Roa . national debt. We can do it now

you'll Si)‘ l" “Mi-jiyct‘. s fr: n; lliilsbcrougll.

Mr “term hi. homo ill W 310...; n. rest:

nogtr iiii ll rt"

.h ‘Him-brick of this m mic" lillfaCllflSfid the f!!!" i\\\‘l1(‘(l by Robert Dunn‘ plans to build a new im- .,,, ["115 pbpériy has been

rliszrirt tins forfll9ll\ t“, Banihrtvk lililSf‘ \\li.ill ii‘ ri\(.i'l lloratit for who time.

ill be a great

\

The llimll looking forivard 10 50mg iietihrr to l1’\\'r‘ some the around

Th, monthly meeting of 1mg“: ho-ne of Mrs 1110mm Rrayil, Miss Etta Jflllginr: lclcgaies to attend the to be held in Char-

women's m. h,“ at. the and w; Wlirinas Brayll ItppOllllPfi I convention lotteteim.

iilr. an liilic son 0f guests last creek parents Mi‘.

llallifax. were of Mrs.

ion will return f0

{M5119 his ‘lllillfi l“

Ynirorsii i‘.

niisnr-owu w. r.

--,\ii.~.< iilcline Campbell and Mrs. ‘rlicmns Campbell went 1011'"? hostesses in the members of frigi- ilay circling. In the absence of the president and 7169979515935 Harold MacLeod Drflldeii llcll ctill was answered by an ex-

iovrn Walton's institute at

llrs. chance of seeds and bulbs. Mrs.

B, lilsclxlod and Mrs. J. E. Mac-

Leod were appointed to act l3 contest committee re funds music teacher's

mailed.

Th0 proposwi drive to obtain members for the Canadian Associat- ion of Consumers was (shelved for Keith Adams. lliss llfiPlilif‘ Campbell and Mrs. Clayton Stewart. were appointed 0n iii»: lli‘\\' sick committee. A message for a card of

the lil‘t‘FCni_ Mrs.

o! app-relation

ll‘mpalli_i' was received frown

turner member. Literature on the ibderaiion of Agriculture was dis- tributed. and it was suggested that each lTlLYlbCl‘ ircsetit try to obtain the glcderatioti before the J-une meet. a

one fee for membership in

Mrs. A

tirioirit on

in nagl; l0 Etigln

‘all: l-Jllis Pi-nlitt invited rnarnbqi-g - . .litiii~ nteeting. A number d1

orim-iici l0 (lie Rod (7 David Crimpb:

ll. A donation

in tale

A. n. Campbell and Mrs.

" Miwlirod tied for the prize by Mrs. Lunch was

ii contest put

on nnelh MacLc-od.

‘mt-i by lll ll t tmnmlttgc for‘:

iron

Enroll t Chandler

m; creek-end at Ml‘!- 3mer home in Head

. D las. potato 1n- “';:.‘";...i:‘.... o... Head of Hillsborough. mo his vrork in the

lc ivinthis district have

mane“ u-oil; on the land undue’: growth in

. . ii E. Jay and d Mrs Cec the Jay's and Mrs. Gordon Douglas‘. They left Saturdly f" New York to spend the simmer with Mr. Jay's father, Mr. Herb in; in. and Mrs. Jay and litt-e Halifax in Scpinnbrf its Mr. Jay llilellds l“ Dolhouaie

for transportation. The committee reported the Betilil‘ Farm Hone; cmitestccmpleied and

T ll. Campbell and Mrs. “mfmi i7llllllbcll wok appointed ghfldclld tho annual convention at l; June 18th and iili. Srrcrzil iiirttibcrs volunteered lid box of food to be sent Ii .

"l saitnenis were returned was secretary, Mrs.

Fling trcni Ealons was distributed e made into garments for a

without hardship and thereby get ourselves in better position t0 bear the extra burdens we mad" have to assume when our national income becomes less buoyant or other untoward developments oc- cur."

The surplus reduced the net debt to 312.378.000.000. as of March 31, 1948.

"Although this represents a decline of $l,043,000.000 from the peak of two years ago. it is still a very high figure and a reminder of the need we face to manage our revenues and expenditures in such a way as to throw off the maximum practicable surpluses un- der such prosperous conditions as we enjoy today."

If no changes were made in the tax rates. Mr. Abbott estimated. he would conclude the 1940-49 year with a surplus of Rev- enues would total $2,724.000,000 and expenditures $2.115,000,000.

Defense E , ndlturee

He warned, however, that the international situation made lt difficult to judge how much might be needed in the way of defence expenditures. though so far the government did not consider "an immediate expansion" in defenie activities to be necessary.

"I feel we cannot afford to overlook the possibility that de- veloping events in the internation- al field may sooner or later make it necessary to increase our ex- penditures on national defence." he said.

In'the speech. which touched on both international and domestic economic pictures, Mr. Abbott made these other points:

l. The abrupt decline of Can- ada's reserves of United States dol- lars has been stopped. but an early lifting of import controls cannot be expected.

2. Canada's gross national pro- duction in 1047 amounted to $13,- lfl.000,000, compared with $11,613,- 000900 in 1040.

3. Canada cannot now return to over-ail price controls and subsid- fies in the hope that conditions will soon return to normal.

4. Any reasonable increase in interest rates would not act as a brake on business expenditures o;- consumer spending.

Mr. Abbott said that if one took bookkeeping transactions into ac- count, the 1047-48 surplus amount- ed to 31.181.000.000. This includ- ed cash received from sources oth- er than revenue, mainly repay- ments of debts and amounts re- ceived in annuity and pension funds.

J.

it

Foreign Exchange

Largest item of this nature was repayment by the foreign exchange control board of $220,000,000 of advances formerly made by the Government to enable it to ac- quire exchange reserves. and which are repsjd with the Canadian dol- lars obtained when these reserves are liquidated.

Part of the cash surplus was used to loan $400,000,000 to the United Kingdom and other countries for purchases in Canada.

Mr. Abbott said that by and lrifge the taxation and expendi- lure aspects of budget policy have been “primarilv directed to count- ering the inflationary pressures threatening Canada in recent years."

He said he does

iii’

not believe,

Flo-glaze is a top-quality paint - made to give you a real paint job. 1c is exceptionally easy to apply, covers more surface per gallon, and lasts years longer. See your Flo-glaze Dealer now-and "clean up and paint".

sate '11-;

M. 2

...-.-:._

His Honour Lieutenant Governor‘ Bernard tendering hla congratula-i trons to Hon. Dr. W. .l. P. M“. Millan. 0.512., nun. Knight cm.“ "llml" 0f 5t. Gregory the Great,

f“

Testimonial address being deliv-

uedi by Mr. ll. l‘. MacPhee. K.C.. at largely attended banquet in The Charlottetown in honour of Hon,

s.

Honored By Testimonial Dinner

__,TI-AIE igugigiaiv, CI-IABLOPTETOWN i.

at the recent testimonial dinner: Chief Justice. 0:1 the right of Hon.

sponsored by the I‘. E, l. Council Knights of Columbus. Seated to the left of His Honour is the Hon. Thane A.

Dr. W’. J. P. MacMillan. Seated be- tween Mr. McPhee and the guest of honour are l-Iis Worship Mayor Arnett, of Snmme " , Hon. Geo.

however. that any reasonable in- crease in interest rates would do much to combat inflation. Analyzing the 1047-40 revenues and expenditures, Mr. Abbott said receipts had turned out to be much higher than anticipated. Prices, wages. profits and expendi- tures all were substantially higher than was estimated when the butl- get was brought down a year ago. "As e. consequence our revenues from the sales tax. the personal income tax. and the taxes on corp- orate profits were all substantially higher than we had counted on in the budget. The same was true of customs revenue. because both the volume and the prices of imports were much higher than we had expected a year ago. It was also true of special receipts and cre- d‘ts."

Great reductions had been made in war and demobilization expend- itures of national defence, and in expenditures on termination and liquidation of war contracts, on cost of living subsidies and vet- erans‘ benefits.

o.__v

Campbell. l

State Dr. MacMillan. is State Deputy T.

Earle Hickey, who presided.

Photo by Garnhuus.

a

l‘ Bilrbllllr- All“!!! Premier. Hie Excellency Bishop Boyle and K. of C. State Deputy T. Earle Hickey.

He eiiipressed doubt that." theiwlrledfyinto“ idtiiTiyitig" 5511;... d;

current fiscal year's expenditures will be much lower than last years. Provision ould have to be made for the )90,000.000 which the Gov- ernment announced last week it. will pay to the provinces lo help expand public health services.

The original estrnates of ex- penditures would also have to be altered to provide for he lo-per- cent increase in war pensions. Cori- tinuaiion of freight assistance on- thc movement of feed grains would add another $16,000,000 to the orig- ital estimates.

REALLY N0 INEHEASE

Some doctors eieplaln that heart disease kills a greater percentage of people merely because of the dramatic reduction in deaths from. infectious diseases,

FRASER-KNEE F1100!)

VANCOUVER. May l8 ~- (OPl -- The uuper reaches of the Fraser River overflowed their

t

l

Giscomie. a sawmill community 500 miles nortih of here, " ‘

DONAGH SCHOBL

Report for April

Glradc X -— Johnnie Beagan, Anita Koughan,

Grade IX - Elaine Trainer.

Grade Vi‘! Clifford Mao. Nfllly. Clifford Trainer, Veronica Brazcl.

Grade V111‘ - Rita Koughan,

Grade VI rSr.) _ Freddie Mac- Adam. James Koiighan, Elmgf Koughan.

Grade VI (Jul-Joseph KOilgh- an, Gerard MacNally, John Smlti.

Grade V -- Vincent MacAdam, Mary Smith.

Grade II - Freda Drlscoll, Ear] Koughan.

Grade I __ No tests.

Highest averagi- Senior grades.-. Johnnie Beacon 02 poi- cent. High-

est average Junior grades _ J95- fillh Kflllfihbn 90 per rent. Perfect attends-rice ._ Ann;

Keoughan. Freddie Mac/t dam.

banks ' today and flood WQHSXL Teacher - Eleanor MacKirinon.

III-l!’ ‘viii-EDD

New Diesel -Electri

diesel-electric motives which are new h oper-

lllllhfilliPlLlillCillllfilfl

LMJ-o. ‘halal ab":

a . , u. ..-

c Locomotive

Montgomery antlnoiher‘ rallizny." ul- lieiala an shown in the foreground»

11110101113811!"

Mll- JAMII PALMER

There passed away on Wednes- day afternoon at the home of her son, Earl. in Woodstock. one of the oldest and most hiahli’ "- specied l “‘ ts of the commun- ity in the person of Mrs. James Palmer who was in her eighty- thlrd. (83rd.) year. Shfl Pflflflifi‘ way very suddenly on Wednesday frccn a heart attack and the news o1 no;- unexpected passing was re- ceived with very deepest regret.

Funerabservices were conducted oirI-‘riday afternoon. at Z P- m i‘ her late residence and at 2.30 p. m. at the Bloomfield United Church. which was filled to ca- pacity and also the gallery. 1i- W“ one of the largest funerals t0 be held in Bloomfield for a long while, thus testifying to the es- teem and love in which Mrs. Pal- nier was held by all who knew her. she was a. devout and ernest Christian, a. loyal friend. a sym- pathizing and helpful neighbor

RED ROSE TEA IS 600D TEA!

Ci rl Guide News

and a devoted wife and mother, one of whom "her children could indeed rise up and call her Bless- ed." She was always interested in all that pertained to the welfare of the community and in all the manifold activities of the Church. The service was conducted by her Minister, Rev. Warren G. Dick- son who paid a sincere tribute to Mrs. Palmer as one who loved God and who brought up her fam- ily ki the “light and nurture cf the Lord." He said that death for her Was not a conquest but a cor- onation, not an ending but a new beginning. ‘Ilhe full choir with Mrs. Alban Craswell as organist render- ed the favorite hymns of the dc- ceased and Mr. Alvin Webb of O‘- Leary sang very sweetly a beauti- ful solo number. "There is no night in Heaven." The floral trib- utes were beautiful and numerous. Interment was in the family plot at. Bloomfield cemetery.

The pallbearers were all grand- sons: Edwin and Weldon Dignant Harold and Alvin Palmer, Alfred and Claude Palmer.

She leaves to mourn her loss. two daughters. Mrs. Wesley Dag- nan of Bloomfield; Mrs. Chester Gamble of Alaska. School district West Devon; and the following sons—’l'homas R. in Summerside: Earl in Woodstock; George 1n Bloomfield; one son, Bert prede- ceased her six years ago.

There is one sister, Mrs. James MacFadyen of West Devon and one brother, Mr. John E. Palmer in Bakerfield. California, who was home last summer. There are six- teen grandchildren and twenty-four great grandchildren.

The floral tributes were carried 52y Wesley and George Gamble; Ernest Murphy; Lorrie Palmer; Jacob lifurray and Nelson Best. The following are“ the flora! tributes; Pillow by the family: The Vacant Chair by a number of the grandchildren; Wreaths- Wel- con and Margaret: George. Alma and Pearl sweet: W.M.S. of Bloom- field Church; the (rrozier family: Broken Circle: Ella, Alvin, Alfred and Harold; Bouquets: Claude Lorne and Greta: Hartson and race: Alvin and Jean.

MB. WILSON L. STEWART

Mr. Wilson L. Stewart of Char- lottetown died suddenly yesterday morning when he was seized by a heart attack in the Bruce Steivart plant here.

Mr. Stewart who had charge of the tool room in the Machine Shop at the local plant, came to work as usual and got his keys to open the tool room. He did not com- plain to fellow workers and ap- peared to be in usual health but he suddenly dropped to the floor. He was rushed to the P. E. Island Hospital by ambulance but was dead when he arrived.

He had received attention in the hospital several weeks ago and the doctor who was attending him said that lie had had previous heart at- tacks.

Mr. Stewart who was born in 1888 was a farmer in Hampshire butretired several years ago and came to live in Charlottetown. His home was at 35 Grafton Street. During the war, however. he came to work at the Bruce Stewart

—A most interesting event took place in the library of the Sum- merside High School on Saturday

afternoon when badges for the following courses completed by t-he three companies of Girl

Guides of Srmmerside were pre- sented by ihe Provincial Commis- sioner, Cook‘s Badge. Joyce Mac- Donald, Doreen Blecquiere, Joyce l\i.icKa_\'. Nan Pope, Ruth Cannon. Mary Molilson. Sara Jane Estey. Mario/n Rogers, Joyce Gallant. Betty Gay, Helen Gay, Deena Pin- eau, Theresa Peters, Marie Peters. Barbara Daii0n, Isabel Deighan. Shirley Watson, Patricia Watson and Georgina MacKenzie: Laun- dress‘ Badge. Marcia Delaney; Needlewcmanls Badge, Lieuten- ant Martha Gallant, Betty Lou ‘Predennick, Sally Woodside, Diane Dewar. Shirley Bat-ruse. Janice Morrison and Joan Watson. fnit- iative Badges were awarded to the Guides who studied on their own and passed the tests gs fellows: Health Badge with Mrs. Robert Palmer, the examiner to Isabel Deighan, Eleanor Gallant, Bar- bara Daltc-n, Shirley Watson. Marie Peters. Marcie. Delaney and Patricia Watson. Music Lovers Badge with Miss Mary Geldsrt the examiner. Joan Marie Arsen- lllll. Mary Huestis, Shirley Wat- son, Patricia Watson. ftlfarcia De- laney, Marie Peters, Betty Gay. and Joan Watson; Fire Brigade 3848c with Mr. J.C. Mountain as examiner, Juan Marie Arsenault, Mary Huestis, Shirley Watson. Patricia Watson. Marcla.Delaney. Marie Petas, Helen Gay. Betty Gay. Doreen Blacquiere, Jcyce MacDonald, Rose Marie Blac- tiuierc. Marie Areensuli. and Elea- nOr Gallant; Cyclist Badge with David Esiey as examiner, Marie Peters, Joan Watson, Joan Marie Arsenault, Mary Hiuestis, Bar- bara Dalton, Isabel Deighaa, Shirley Watson. Patricia Wai- son, Betty Guy, Marcia De- laney, Georgina MacKemie and Helen Gay; street Know- ledge Test tone of thq rgqnlpe.

ments for the First class Badge) -

with Mr. George T. Clarke as ex- aminer. Isabel Deighen, Barbara Dalton. Georgina MacKenxie. Helen Gay. Marie Peters. Betty Olly. Doreen Blacqulere. Shirley tVatsan, Patricia Watson, Joan Watson, Marcia Delaney, Min-y Huestis and Joyce Mac-Donald: and the Pioneer's Badge awarded lo Joan Watson, the test being taken at Girl Gufde Camp in i947. This function took the form of an afternoon tee, prepared and served by the guides, qualifying as hostesses during the winter months. Mrs. D-C. Tompkins, Dis- trict Commissioner, presided. she commended the instructors. Mrs. Allison MacLean, Mrs. Anthony Williams and Miss Estelle Haines. W110 gave of their time and their talent, also the examiners, and expressed appreciation to in; leaders of the different companies for their cooperation. The spec- ial guesis from Charlottetown who gave brief congratulatory roster-ks were Mrs. J. Gordon MacDonald, Provincial Commksioner: Mrs. Fred Pickard, Provincial Commis- sioner of Brownies; and Mrs. Fred Jenkins. the newly appointed

plant and remained with them af- ter the cessation of hostilities.

Provincial Pield Secretary. Mrs.

Thane A. Cam-pbdl, Chairman 0f the Badge Ccmmittec. exipressed her appreciation in all who had cooperated especially the instruc- tors, the examiners and the Li"!!! Association iwhose president is Jifrs. Abel Arsenaulti. who stood ‘back of the Guides and who might, in a year or so. be called the parents of guiding. On display in the library were ‘several ex- cellently made blouses and samp- lerg o! the Guides’ utork in sew- ing. also exhibits in the laundrees. course. - S.

liltltuildlleeeril For Moiorless Aircraft

IJDNDON. Ont" May 17 — (CP) - Al Pow ivas reported to have set an unofficial. altitude record for motorless a‘r'oraft here. Sunday when he piloted his sailplane to a height of 11.200 feet. London air; port officials said the present recognized mark is only about 4.000 feet.

Pow stayed in the air three hours and Iii minutes. Released frrm his tow at 1,800 feet, he exploited rising thcirmals. or columns of all‘. and entered the second layer of clouds above 4.000 feet,

Violence Flares At lihrysler Plant

DETROIT. May 1'! - (AP) — A flunry of picket line violence punctuated the six-day Chrysler strike today as the United Auto- mobile Workers (C1.0.) thremtnb ed General Motom with a second post-war strike.

Governor Kim Sigler ordered state police ireinforcmicntta into suburban Highland Park to help quell an outbreak of fist fighting. rock throwing and oidier incident at a Chrysler plant, The flare-i) was short lived.

The Governor acted u the U105 sought to tightest. its grip on strike-bound Chrysler plants talked of plans to call out General Motors employees within a fortnight.

“Do women med_00 suffer IOY"—-IIIOHIUII are often asked. mother writes:

“The eompan nurse recommended garadol when my dau hter feared else woul her job because of timn lost each month. Now she loses no time

does not aufier or discomfort. needgezxslly." Paradol is the anlwar for women who suffer each month. uick relief also from d- aches and neural in sins. The name " . rhaae" is your naaur- ance. Carry Parud

in your purse. 3

uuicx truer mun

D

QIRIQDCD

OUR BOARDING HOUSE

/

eeaopiwiecs! I'M IN A QUANDARY! rue ouo/ THING rue 502 BAGCOM QEUBENS, THE: FAMED AQT CiZiTlC. is comma -ro Town “is new PUT Tue cramp oi= APPROVAL on AN ORlGlNAL 0002K o: Mme, 1 coon: sect. \T T0 $0M WEALTHY COLLECTOR.-~ cAro You Sueeesr A sussecr .2

7/? EVER /’ f?

’//

ING AT

8A$KET5 OF Fizui-r - Am: You cor so i-iuioeizv LooK-

FltdiSi-AED ‘EM DP, BOT QAN FOR THE ICEBOK INSTEAD!