l?"

;-;i£13IllI-H§ P ‘@531!

By STEWART JONES 8: CO-l Charlottetown Correspondents of Grunahielda ‘& Co, Montreal

R

R8131. I

iijiii. .__..___

New York ~ Exchange

(slrflrlnl to John-toll e wlllln Opeullligh]Ilmrllul NtCh 171 77141-31,

‘rm: CHARLOTTETOWN GUARDIAN

PAGE

The Montreal Stock Exchange

(Special ill Jollllllllll e w-l-"lli Stocks Opan|JiighlI.o\vIi_.nsi

AND BUN

Britain Completing Her Preparations For Schneider Trophy Race

FASTEST OF STAPLANES AND

b91118 I. rebuilt 1929 Buper-marlnr monoplane.

The British high speed pilots, 111*.- der the leadership of Squzuirc. Leader A. H. Orlebar, holder o1 ti; world's speed record of 357.7 m.p.ll are flying regularly in seaplunl built for the 1929 event, including

13911-4 T<>Yi' f"

H Morning Stock Letter‘

. Wall Street Mirror Says:-

| Special to Johnston & Ward Lgfigri .. " :-:Ta=—-".:-'.§:'='=

. ssxtz-zxxim-m It

§HIZ %H%K%W“ M, mm": W. . . ‘ "M l9 lit-ll ‘telephone .\7it'l HM hi5 li-ifl ~ Allqg l_-.,,-,, m, m, _.. ,,,,,,,,,,,,, __ “lg W, "m, W‘ nasr or 111011 srnap rumors _ , "u rev-w zls..:";r-'l"".‘z.'l".'.z 12': Kill-iii“ '- 1 ‘ l: 112:2: a -~ ' t‘ “WW "W" m film" “l‘Z..§°Z."..‘.‘§“l.§f.‘I.‘Z."..‘L‘°i§ii ‘T‘°‘.-‘.‘." :"""".'.;"_'_.‘..3113.1’.....,::f3:zr:."£§;" ~ Y°llr uuller lll-ulllllfi lljqntfny "vi"? ,,“5,,.f'-‘", Am tlllll , (_'““ (h, m“. _ 11 11 TEST 0N SEPT. 12. p a] m“ g till-r NFHIIIK of lll llll. ll [Wilffl] llt '1' rm ll - vi‘ iifllfflhkil.‘ mi". u", “m, m, ,,_,~._ “mm lufjfiljhd 2111 ll'0\\‘ — 78 m" ‘will 1411 . powcr unit. The S5 monoplane ll... (fllIlWllIlKlRvhlffllll, "m. ...... .IlllIl-lllI:ll.-.l~‘ lllllpli-lll llkflrYflrfli (tr-ill; - , , . - ~ -- l _ l l ) _ _ . l \\ ll- lil l~lllll_l Ill lll \||I‘l'( l_v 10h Ill ll- lll,l l- lll \\ z :57- ""' “"0”: lulu‘ '1' if] é‘t:,‘|‘|,u|‘ gull 014. 975i which w” vlctmmus at vcmce l" ill: "(Us JllllnuKlll-l-rllltr. Illll (|l‘l'|||ll‘l|IiIil_\' rl-lill- IfUIll lh|~4 rl-llllrlirll-l» lllf ll.» In CONBOLIDATED runny“ Auu Cop (' Pnl-lflc __ _ 231 3:; 1927 and Glnstgr biplanes are 515° to 011.00. Following tlllll lllllhll llllllllll [Ilrlliillilrll l-lllllllilll-ll \\ll|| pl-ln-lll-l-lll ll 5m. Ax” S3IELTING_ Atviliaon M l7 _ (‘mm M gum]; 1/, i/J l“ H}; in almost dun Se Fl e m re lllloro the Julia IIHYI llt ollfll illllll the ult ll-ll-t u liPllklllllll llptlll lll llllhilll"' [for mm‘. H .1 - with ,_ lil-‘Hlii , ggnltaltlf$lééé 52%| 311,4, 311/, (Canadian Press) m tmlnm F11; ti‘! .111 vte Ontslla rliulzralrzlillngfllx:milrilzzllt,llzlxi~“.|;ll)|:t::?: llllllll: llll- llll lllll-lu Jirilb“ “.“‘”",_,,,, puli-éf . in "tilt Ohlo . luivfl 471/.’ 4111,41 Attll/Jrllf, lllll-lll; .. III 2am! cnsgor’ Em?" Aug- 12-h"? g g t e“ n“ ' tlllll gllllllnl; llll-llllll. ......lll-.ll.ll.l rlll liritlliillzgtf-lltlliliilucts ... ... ... .. 20% hiiuillg null Snleltlug-Coullluuy is 1111c!‘ “PM Av " Ill-If“ $13“ 2‘ I21 ‘fl i‘ "fli" firm“ ' " 7% 0n the {max “ages o! preparamm H. Stammrm’ ‘L N‘ Boothman and illiuu‘: ",l'l"..'..'.'.'.'."§l'l dint-Mitzi?“ thtflhilil. l-l l i!‘ 11 l t it l . 1 ; ).'V ; l “q __ 1 , _ _ ___ r u ** m ~ ll l u\'l\ w lll l .l\ l uio lu-uvl \\ lellru All Bfitfllliilil (‘umeut -- - - ' m l‘::ltl!l"\;d;‘nlgl0\€'nlligz|lllée‘ve;figglvnnll zlllc ‘ ' ", “M f4‘ §§|‘i'N|,,k‘r§l'“'_"_' 1§%13,,: 13% 13% 101' the international Schneider R w' “mgr and flying ortmers G" PIIING Hie l-lllllllly mull,- \‘ll] III!‘ llllrlllll- l-lu-l lll- r llllll-ll-ll llllll lll Al: emlll K .m,._,_ll,l,llilllilzi\lxr m"! m)" m“ m “mm! 0mm“ “mlsm: "h; M, ‘V0005 W ‘Em ‘ Trophy conteskthe world“; gmm L. Brinton and L. S. Enalth; from l[:li;‘I€ll||§"r:|ll-: llleéllltllyl llllll~;-g|lltxl‘l‘dlnl‘l>llz rl-rlnlul-rl-llzllillly,» In»... Ilniur-invlzll “Isis 4 ‘Hm [hulk cllllllucrco lluitcll stall-s. uulc zinc llcrl-l-llll-llt llc- iimcrint " est d them will be selected-later on, the r "m: ' . "" """‘". "". . - . ” "'5' ‘I "'“ "" ‘“" ' . _ , _ H _ _ ‘ . . | 4 spec event—was marked by the ll: till. llllll-ku. ill liltufillltl ll_\ lllt urn lllll ally. Ill-U, p, lulu ti" "ii" "°“"‘"“’ " 1m?“ prmm“ m‘ “"““"‘ l“ """"'§' nl-lQyl-‘l-il-ll | l three men who will fl (or Britain —-—~-— - -, llllll lullulltrllll Alcohol _ n; to fflllvllfljfl world output to 4.‘; p1". H. c p arm/ill TQCCIIUY tit Calshot all’ Stfl- y :“""‘?"?""'°l‘i lfi‘5‘”““” "I .'.'.'.‘II ‘div. Yltlllfhilziitiilifitl §:§».'-l'>”’l:'l'l'l'l'.'l'l:§§ii l"l."."ll““ll fixsvflfloégifDn: ~11 I @1011. headquarters of the wmpet- °“ 5""- 12‘ . TF1!‘ Llilllfcllémlclu or, (‘Xtfllt of the clllllllllllt-llt lll llllLt m‘, K §'","“L,'"'B"I" fi-hf, ill ing team of the first British m‘? one only among them, pyighg ATMOSPHERIC FREAK mcnt l-rprcscntaltlvcs to inaugural? ‘ " l - "‘-- ... ... ... (i0 Irvin lit llt f0 _-., 1.1,", , , 3 t .. . "l. """‘“ ' z‘ - ' V . Z!. W WIPE l vile e liitlll llitllc it r v i0 rl ltllllly 1t_lll|l s _ “ m“ w mg can] l n l Lieutenant gtalhforth, “as a mem PUZ ES m. G 11c .c m . ’ ' W‘ ll,lli.gil.‘zllllljl?d‘l'nffidrqflafloluéclk’? m Mo" . ml adult llzltil (I2 m LL I s me specs y bu“ this bel- 0: the m h 5 em seem h, ‘y is thc big prohleln l n] I lrll of tins W, W“ year to defend the Trophy against 9 P i‘ _ _ RIlAl;l1§rIt3uslOil(1)l1121f’? lrllF-,g,l,\,.o|‘llrf,l.ké,,,.,i l l .- the challengers of France and “my 1939' when persgswn; and bagging (Canadian Press) ll-lll cxicuslon, Reser- llllt 1t lll llllllcll tllllf fl filfllllirnfil The come l; W11 m]; 1 . carburation trouble kept him and WINNIPEG, lllan, Aug, 12-011 lls zllc llelltl-l-li a1." ' big in illualllytllmllilyllltllll‘IIJlYl-cytizill ,17le Montrédl l2, when onscc sllgaln Zvgatcliesgfl the machine he was chosen to liy Sunday. July 39. Williiiilfisls lnvtvo- " CJiltUl,‘ lyx it i. understood 1t in the ‘tlpc lélll-ll-Illllfllorlllll (l0lli‘l'lll|lltti‘ to llrlllfl i _ ' em and gphhead the fastest VB. out of the race. Staintorth was con- rological experts commenced puzzl- ln.ly bc nt-c liy-i!) obtain \\'Ll\_1<j 1d add fiifiralmfitl Sgigiinlgprt““£14m; lf Cufb Mafkef hlcles the world has ever seen w“; sidcred by many experts to be very lng over an atmosphcrlc ffflillkt-ilizxd irolll thc llii us lltléll‘ Lctll- u, __ ' ‘lvl rum lll - . . - ' - 3 _ -' .-,. v9.5.7“ I.“ dvflxh. K ., _ . . . . . . .. 1114,50 l-lllll IHHHIKTIIIQS? mll‘diZTlDIImIIIQh§QI t; ' dispute P0556551” °f. the mm‘ “W- neéfly the b?“ M f“ magmmem today. they Sim seek u, S0 u, ‘f, lulu?‘ ' W] f .0“ of an m rd and ihlIlh-‘l-r‘Fliflitlfilfliill .. i‘, "S‘“““°""' cted aviation trophy. Within a "n" under Oflebars wmmnnd i“ wlml“ 12 mmmps thcmmmtixs “'“U°“ mm‘ ‘wil lllt 1-1; 1"” “"""""“ III III EYFZ o... ‘“"“"" "' """(',‘,“,',',‘,',‘,filnffijfgfl,M nlontll tllll m-ellcll and the Italian 1929; to supremo skill and lull-lug jumlpcd exactly 12 degrees 1111c! tlwllhc lull..- . , .' ‘ ,. . . “ “f . ' ' thcr-mcn wish to know wllv. 3111:’. A. i‘(‘~‘UiL:'t s -- - , l l1l.lllll.ll-llllll= A ..| -i\, I teams uill be practising tor the rac he added the invaluable atmbute M“ ' 51:3“ . ’ _ llgllflfuaglllxlrllrim ..l 2 ' w.“ my m their new seaphmes, and we M: of 9, cast-Jron physique which rcrl- The temperature rested arouudib: m1}; t~.\:;>o1l.s1\.'c, t-llorts will i); m’ at‘; DOInlfllQfl f V‘ mlll ‘n! 112:? ' up ‘g "’ above soumamphon wam, w,“ up dered him practically immune from 80 degrees when a strong wind bi€\\"lllflfic to find u i‘c:ul"l'0ll‘ in Chili " “ .‘"""‘ '“ - -< - the “blanking out" effects of tllrn- 11p from the southwest. Suddenly Coulee. [ace o’ C 1111i Ill! slllrcll . . . . ..| l 2.11.5. 2n -_-;ll;__ sound with the roar of mighty en- , _ v i H‘ : ‘ _ n __1n. lllllll-yplroll . .. ’| 121,453 gmes as the beautiful cm“ Ewes lng at. extremely high spccd. the wmd reversed directions and 1.10 questoli, 1.1: U. F. A. hop-u. 2f on a ad“ Bonds @ hi ;.‘,.‘,",Y;,‘{,‘,,‘fm' ‘ 12,4‘; 12,, hy_ p From Demnzano, in Italy, there blew in from thc north accompuuzcduvlil b; solved at their" 111101105011 c011 e in ‘ ' : 1; IQJLJISJ; The‘ new British machine 1s a Come rcpolts that newly designed by a, terrific heat ivave. Tm tcm- lcrvlv-c. Tile \\'11iCl‘ sltuzliu 211 ill‘. ‘l . + ‘/l l-Jfph,‘ y"; ‘ "' '2 supermarine S6 monoplane similar seaplane-ll WS-Wsslllg hovel features perature shot upward a degree a 45,000 acres is ‘ s'l:0‘.lS in is‘: (Spltllll t» Jllllllllllll n wlllll) I: v. iIl‘f,f',‘,'°1,;,',_.,,;,1,' ' 52% 5233 in general appearance to the mm; 1H arrangement of engines and air- minute for a dozen minutes as the yylrs ll-hcn light oc- , 11m .\~l.~l~.l — ‘i: __'_' ‘ _____. which wot th Tr h screws, are expected to attain speeds thc experts vainly WHEN 11 W350i» CW1 ' wlll- Llulll ...‘...ln ll0£il\liltl(i.'l‘liiii.!.'5 " - ‘ e °p y at a“ aver’ _ . “l,” M“ “mm Wgrld Blqdge age speed of 32563 mugs an hm“, in the neighborhood of 400 miles rm seasons lllu»; l" _. w‘ v1»: 1. .. - ... or, _ 1 , ‘.I_“_H:,_:I,,,.,: p“ n _ T0“rney To Be 1111920 but driven by a ROMS-Royce 201:. lgirtipce tlifatmloge gctélccnt. llralust SOUTHERN ALBERTA iazlll l suii. Osj iiwntl) Clo Gearing v ‘vglllkvlllliiil’! . ul-tlll-l- Lllllll .. motor developing considerably n I‘ e EH8 e . . ' ' l” M’ ‘ - ‘- - mdel‘ gllzsliliiiliidgtrlll In greater power than the 1,900 HR have ‘been, running on a test for IRRIGATION SOL.(lliT ma-lntipns, would bf the Urcmew l a l .- '1I\\'L‘I' ll ll,.,»,,,,,|,,,._. ——_- h, the 1929 engines and “mo: some lme. Should teams reprcscn - aid to inrnlilw in tie urea. ' - l: r l1 - _ Writ‘ . (Canadian Press) ° ‘Y - lilfi-hldlliilggi: bPARIS, Aug‘; 12t. lurfiqzlyloul- 111g Ctififllili design improvements. it“gt;’l°tht°hi‘zuenilng“atiimlfmme LETI-HZRIDGE Alta All" ri- ‘I _ C m. n, , .i :~ I . . _ e ( _ I -l s ~ __ l.....l|_l~~'lr M. ii;_d;_‘;-l_;l-o~ct-rié ml ‘10'_“_tJltl '1 .l i Belizisgen‘ Azgzcliailn oh; (imfizigzf; git? ishghfly m?" ma“ the 1929 dgubtedli, 129?; ‘g2 Extension ot irrigation works over 5i ' Ii‘ l lll I , I ,"' ' ‘Y ‘ A I ‘ - _ sugal ;l|lm_:_::‘mlmfl‘\ ‘hmesm ‘wing 1li_.l~o ms plans foraglgantlc world bridge Cmiltléiilieciililifl of the need to test in the history of mechanical 45,000 acres is sought by Unlicd NAVY 111.111; Lmlr-"PER 0.1116111‘ n egg, Kvlllilt-lvltrs‘ti“??? .. .. 59 mum 1on5 l tournament fr this winter u d= y a Jllgel; oad of fuel for the racing with competing craft M Farmers of Alberta for the Purple , _______ . V; ' '> .‘ ?—'— ~~~~~ ~~—— . ° - 11 e1‘ mme Boil/B!‘ l1 engine. and provides ' ' . . . . ‘_ i m, 1m l lllltllMlll PURE!‘ . _ , _ I . ,, V‘. ,, springs, Glassy Lake Buidctt and BANGOR, Mo, Aug. 13,4110 l;(~-,l l, . ““““‘ '“' _ ' the auspices of the Rational Bridge Increased radiator coolmg Service‘ Ce eratmg on the snmghm» of the Bow Island districts’ of Alberta's "iYPS i ‘(llilh trzlnv- llr <0 4 natal; llllllllllli sllrt. slul-es- Amocmy-loh 1m‘ o; New York in A 535m. cm“ ‘s m an advanced triangular course to velocities of n -= “l -" -‘* w! l!“ [mil it] a cola” illti lo s lml-lllll-k _ ’ ’ ’ p .1 . sou 1. The farmer body urges a coll but so iii!‘ only one unusual lobsLc-u -; j .._. ‘sperm h h“ mm v ‘_ I s‘ 1r nu which it is expected 500,000 persons Stage 0f construction and, these nearly seven m‘ cs a minute’ fETCHCB ct interested farmers Can- hhs bu,“ |,,-,,,,..1,L u ) m 10ml M. , t “m” “ "'0" f N J e " ‘ ‘""’ W" .""" will compete lll all parts of the two seapialles will both r1 i tll _““" ~ ~ l ' ’ I I ‘ snub, llllqxfllu-‘filcfl o: I err. v l - ("mum silll ill . l b _ race u m Y Fl B mum“ Lmmut M chubrah_n_ adian Pacific railway ofilclais allfil It was tiic (lrwp navy blllc one lluld~ ‘f mi,“ L ' g ° m t l N ' w rd member °f the team Dominion and provincial govern- ed recently by L. Nico. oi this city, '1 mere‘! Tkc conJtzcst n; “it? pi ew __.____, _ ____ ___*__ l, . ., , Yor on an. .' , an every . . ' lln "lilllh ‘g m‘ Czlllmglvlii‘! city competing will bsgin play at p . It u: lwrlvr: noun mtlcrls the some time, regulating their _ _ "Pa" time to that oi the New York clock. " ' ‘"5’ ~‘°'"°"“T'°N Bncvumm’ _ rllrllllll the first hflIldS will be f . ' is m {;}f,“*“.*,i\_,-§ '_-_- g 1°“ “m? lffiffg; [flayed at 1.01 a. m.. Jan. 21. ' r. L‘ rllw 5% In order to avoid any trickcry . 1: c1111 r. , , ' Q- 3§ 6 5' "-7" <5 )5" \Q “Y 7' . __ ,, - lll m» playing, Cllibflltsflll will 50nd! 5/ 9 g- t) e3. Q P a y 7 “i °‘ _ :-.::: 5.212‘... .. l 6P we ~q “Pas x..- ~> 8-9 ex = Q 3 an; l-.. . l. if the , p n W the hands to the consulates in the. _. fig‘ (( 3 \Q 3 g } O6 Q k? ‘j, , g ' , -' " 1 . m 1d here] ¢§ 3 22 o’? k9 G0’ 7‘? o? I‘, J i Jreler l. 1 l‘: .. .. rl vailous parts of c wor . W N 7 ((23 ‘5 l9®Q @%@} Q <;6“'6~_<5'¢~> Elm, ‘,,_'_f],1,:"“,, 1.0 K1,, , they will be kept ill 8. Slife lllllu liht?‘ -. L 7777 Qefi, ‘>78 ~5- 5 Q g o? Q1, ~99 9.9 13 q; 53 Mllllf l-lill- ‘s’ “might of the opening of the con- ' bkg 8 8e 2)’ 1733 53.30’ Q ll|l',“._.‘,\,,, '_ 55 __ .\illy .. .. .. .:.' .:11\ .10 _ ' itcst. The conlertants will play the '_ 8i‘! a 33g 84 -- lzftillll , is» 1x1‘)? I t- w H, m I, to?‘ l: 1 some set of hands all over the un-, - ‘R ‘Iv 7744 <((3J 9¢§ as’ 2*] ' ' - r _.l| (l I n » j . L, ‘ - _ sllllv l-llll- .. 41/, 117m “S rument l’ T (‘nlll-ll | slg ‘gm ivcrsc, and the results will be cnh- f 3Q ;'\‘\2€\SI“:=: f: 3% m: “m, For Zero Mlle m~ led to New York and anncuucrtl 2t \l 5 7 666 \i 42*‘ :3 8 Q55 q 323% 3 3 Q 32 32 3

's

DMIINIUN OF CANADA (GUARANTEED BONDS

t N ll . 41,1, 11154 00.711 1mm l‘ x Ii w. 10.10 mms lnllm ‘ X Ii y. ‘lllllill ' .\‘ l: 101.00 c .\' 102.511

100.00 101L751 106.75 llillllil 100.00

t t 4 V‘. . ,. t X Mun! L-INHIINION OF CANADA BONDS '(T\X EXEMPT ISSUES) "P" n. Ill Octhliifil 09.9.1 100.50 ‘ . ‘NQVLIDRK 101.20 IDLE’: ... . Marhliiii‘! lmflfi 107.23 mziifi on l. DOCLIDIW 110.10 110.75 (TAXABLE ISSUES)

1'51“- .. ...», Nllvrlnrl": 102,10 102.00

Post 0f World

WASHINGTON, Aug. 12. (U.P.)- The World's zero mllc post is to ilave a, new set of instruments, ac- cording to a dispatch received re- cently by the National Geographic Society. '

The Greenwich Observatory, near

the world, due to the fact that most mops mark Greenwich as zero long- itude. _ The center of the observatory tower on Nam-steed Hill, two and

the Thames, is the oiliclul zero long

5' Nclvmlnll 101.25 IOLIIO 4‘ scllcilnlo 101.45 101.00 -'~ » ocnimnlu 105.11.; 100.40 411w . octimin-u 101.110 102.25 4' l-c t. FebLliHfl 101.00 1-

0. ll Oct 1,1000 115.10 05.75 tum CONVERSION issues) “Elle I 45pm , tilvc . 4‘; 1w .

annular IIEYIEgMFOR AUGUST 12.

tznzlnnlx r-Acrrlol i" w-

'|i\'~ (‘unnrilnn Pllelflc Railway viii-cot- orll trod ll few llnya nco to lint-lam c qunrterly lllvillclltl on thc tuuellnnut-ll) pnyullle Sr-ptrlu- - - ill. This rovcril thc three. mouths ! . Juno not Thu ction acts lief- "Ilcly nt rent fo another three lnnuihs ‘it? "ihillvlvilzn n: to wilut the future :T\[\_U\\‘\\t\ policy of tho hnnrll luuy he. ‘It; outlook for tho l-onll for tllr- cur- 'l‘.',‘ ("Ilfllfi and tie final quarter in tpflvult. nt tile mrlmcnt to guum‘. A fl“! deal must depend upon the. ox- llt of tho zrnln movement null the gnlirmx in thnt direction just nnw is ml:- foo bright-hilt, it must not he fiifltitlcn. much cull happen lu tilrel- (‘vllljllfi tllnt millit turn the tlllo tor

"iirilur til». punt ycnr llllll more tllln my‘ mic nli other! at thin timqhns i " "m"! ll! utmost to cut onnrnt- m: mats on drastically no possible in orllnr tn otfoet nu offset Yuiiilu: xrllllll IIWFIIIIPI. This it lulu done with a rllnnillcrnhlo mnnlluro oi‘ Illffthllg, For

ll‘ first nix month! of JIIKI. ooerntinlr "illcluwl mo down no h-u tin-u . p.l-. under the lmmn lutnrrul in 1030. Ex-

is

itude for virtually all navigators. For some time, before the advent of u nsatlanuc cables, Washington was the zero mark for American geographers, due to the fact that nocorrect signals could be sent be- tween EIlBland and the United states, but following the circling or

ca-me known as the zero mile post.

An unpretentious borough patch at Ilondon, the first observatory, established by Charles II at Green- wich in 1675 was without instru-

Astronomer Royal. ehusled W? Md of rllcnds for his pet protect. and Greenwich, by the time of his death in i719, had reached a position oi world renown.

At‘ the present, thc only new in- strumcnt contemplated for Green- wich is a telescope to put thc an- cient observatory on a PM‘ Wml "5 more cflicient but les widely known rivals. None of t other instru- ments houscd at Greenwich. which include the official clock and

rillllinl: Rntilo Vlllw Railway. in or- rll-r to rmlrll fllll- rolnpurlnnn. lhouthly P-Yllcllrlls thl! yenr are 14.11 p.c. under

wdghts and mcsv-urcs of England, will be changed at this time.

f

Stexvart-I-Joneis 8c Co.

i Correspondents of

d. Graeenehields ‘Sr A C0.

Iflrnlbcra of the Mon

trcal Stock Exchange

‘...-___

83 Great George

kz-f-

SL, (Tkarlotteiolrn __._I

the globe by cables Greenwich be-_

ments, but John flbmstced, first-

DuchessAttacks State Ownership

(By Thos. T. Champion, Canadian Press Staff Correspondent) LONDON, August 12—"Women 11nd Politics" is the titlc of a book by thc Duchess oi’ Atholl, who has been a member of the House 0f

London, England, is probably the Ccmmonslfm, nine years The book “m” Widely k"°“'" °°S°"“*°‘Y l" which is lllllluslled by Philip 5119.71,

covers o. wide field in the attempt of the authoress to assist women to add to their background of political knowledge. The Duchess of Atholl naturally approaches political sub-

one-half miles below London, on jwh; from the onnservatlve View

point.

One of the most interesting chap- ters in her work concerns the ques- tion of State ownership. Her Lady- shlp cites in particular experience in regard to railways when she maintains that State-managed schemes tend‘ to be more costly in their working- “Mainly for military reasons," says the Duchess," rail- ways have been the chief subject of State experiment. In most cases the results have been far from ‘nuc- cessful. The railway systems of the

totes of the Australian Comm - wealth, for instance, show an ag- gregate loss for the past iivc years 0f $155,000,000; Belgium, after 80 years’ experience of loss under a State scheme, leased her railways to a self-governing company in 1926; and New Zealand has lately been advised to remove her railway sys- tem as for as lossiblc from State control, in order that drastic econ- omies may be cliectcd." The Duchess makes no mention of Canadian experience in regard to railway ownership, but passing on to discuss merchant shipping she says‘. ‘From war days onwards. France, Australia, thc United States, Canada and Tasmania have made experiments in State merchant shipping. All havc icd lo heavy loss. As a result, France. Australia and Tasmania have finally (given up the venture, and the United States have iold muny ofthelr glligs.