1;.-5,, “""§r' «$-

PAGE FOUR

THE CHAR LOTTETOYIII Ii IIAIIIIIAH

Momln; Dolly (Founded In I881) President. LI-.nt.-Col. W. Chester 8. lVIcl.un Vice President. J. B. Burnett. P. J. l_ Secretary, Llent -Cal. D. A. Maclflnnon, D S. 0. suite: and Managing Dlrector J. IL Burnett F. J. I Associate Edltor. Frank Walker

SUBSCRIPTION RATES 35,00 per year (In Advance} dellvered to City $4.00 per year (In advance) mulled to P. E. Island 35.00 per year (In advance) mulled to Cpnndn km! 0.5 Members Judlt Bureau of Circulation:

“The Strongest Memory is Weaker than the Weakest Ink."

WEDNESDAY, SEPTEMBER, 13, 1939. .

The War Bu gel

I'h<- ltll1l\ lllll’4'llllL\‘(l in the llUllS<‘ of Com- rn«1ii- _\\'~'.1‘lll't_\. i1i.ir.i.~i1i}.{ taxes on :1 witie r;1n_<;_1- oi tw»iiiiii1»1l1t1t~. i.-. 1’Xp(‘L“1(‘(l to yield abut‘! gI_‘,4K1H,<'H4) ;ii11i1i:1i'.v iii :11l«liti111i:t‘. reventie. lit- .ll\l1lll1i\ win 1v~1"1p- tli1- iiirotitc .'1ii1l excess

.>t'1>1'1ts l.'l.\\ ~ .111-_ it i.- l)UllllCtl out, lll\(’l)' to cm".- 'l'llt|llt' In lllt‘ 11.11’ the-t tlirottgli one or other of

;ltc :ll\'lt'.'t\t‘\l lllllHI~'.i on liquor, beer, wine, tea lll<l c-vti'1*c or tile tl<.'\\' le\i1-s on soft 1lri1il<.-:. inltcvl \'li17l\t'4l itit-:1t~'. citiitnwl fish. l4|l)1'lL‘CtI. Ittvl 1i ~11. g.1- :1tt1l i'l1‘1‘ll'iL“-l\'.'

If‘; 11l\'ll1Ill of the htitluet was ]tI‘t‘Ct'(l- rd ht lit‘ 1.1- hv in-lll ll1Ills\'\ of l’;1rli:1- m,-,,;-. ,.i_ » 1;.1\t-imp.-111's ht1_-gt" \\:1r :tpp1'11p1'i:t- ll-Illul5l1r1r<.im,1v<><t.

‘Hi. lu_I:1_-. 3, ll]',(‘ 111 every t:1\p;1_ver in Can- a1l.1 zhu it 1 ' ‘ 1111- 1- _;;1~1l, ill the \\‘oi'tls of l\'1\«1111- ‘l' ll-l1-_, "iii 21 g_jl‘lIll and ac1'io1i.s l;'1'. it our will <lll(‘~llttll the ser- lull-lit‘-\ e ~i'1i.1t1~t1, or the llt‘\‘(‘.<~lh\' of {in-

..'~ \\:'.r tttttli t‘t.'1ltii;1;s in 1l1‘l('l‘.L‘t,’ ' pits of nut‘ <ltiti1>ct';1t‘\'. liriitii Itpp. 'E11it, zit :1t1_v rztte, there .3 (‘l‘lllv‘l~lll on thin smre. Thtre ,i. i1t'y of itiirriiig 1‘o1i.-‘tructivci 1 l‘1"_'.'l!Ll to the 1lt‘l£\ll.s of the budget. 1, gt-ii<'i':1l ttpprovztl hzts been ex- 31‘1sw.l h_v ll I. ll. ll. Stevctts, 5l|t‘1ll\'lllg 11>‘ '.tppo.~i:ii~ii l.ll.'tll(l.1l critic. L:OEl2ll(tl'("l with the ll<".l\'_\‘ burdens the llritish

:l.\1l)El}'('l'~ ll£t\'(: ilS.\lllll"tl. our cotitrilititioii under the n-.-\\' litttlget will .~llll he c1>mparati\'ely light. 1\ie sittill he fitrttiiirttc iiizlced if no greater suc- 'lll\‘t'j ztre tieititttiilcil of us_ In any Case, as .\lr. ll.-l<>_v \\<’il :‘.'1_\\_ ‘'_\1i one rztn doubt the cotir:1g1t and in->r.'1l $ll'1‘ll '.lt oi the (,|n;t«li:iii people; but this CHlll‘.'tf11' .1 stit-iigth iii-.1st be sliown at twine Ll) \vt'.l (IS on the field of b:tttle." Let the :ttli:11'e to its prtittiise to curb piwiittct-iiii'; zind p:1i'ti~1tii.~ltip, to COIlCt‘f‘llFIllL‘ Swlvl)‘ tiiiii \\lt<‘i('llt‘.’ll'l("ll\' on providing the SlllL'\\'\ of \\:1r, fr-1‘ ltiinie (l\‘i€llC(Z and for \\‘ll(\l- t-vt-r fllllt‘l' ]1lll‘]>«v~L' l‘:1rli:1nient nia_v deri<le is

,.

[io\1~i‘1i:ii. iit

account then, but it is estimated that the total national gold reserve held by the Bank of Eng- land, the public and joint stock banks was 150.- 000,000.

The transfer by the Bank of Iingland of its gold l10l<ll!1gs to the lfqtiztliztttioti Fund l63.V8S the British currency eiitirelv on a managed, un- l)Z|L‘l\'E(l basis, aecorditlg to I‘-ritisli financial ex- perts. It nieans, first, that for the duration of the war the currency will he 100 per cent “man- ztged", with no visible gold hackiiig of the note isstie, Cllltl, SL‘L‘()IlLll_\', tli:1t the zgoveritinent pro- poses 100 per cent secrecy for its gold and for- eign exchange holdings.

EDITORIAL NOTES

(‘iettcral \\'olfe died this date, 1759. ¥ 4‘ # I

A lot of iiioiir.-v is cirt‘1ilz1.titi;: as the result of l‘l'\‘t‘lllllIl'_{. Uitthl not stiiiictlting be done to l\'t‘<'p the ho_\s llL'I‘(‘ ova" a leiigtlieiicd period?

it‘ >0‘ 20‘ 4‘

.\'t-\v:'p:1pcr men all over are doing their duty h_v their l\'iii<,g and Lotiiitrv. The Canadian Press hzts .'lll‘.'l,\(‘tl Itll lllt’lllltL‘l'\‘ of their stuff that their l>1I.~lli1ill~ will h1- lwpt for them if they leave to yoin the 1l<-fcticc force,

it

l’it_v i< thztt \\t' C11l‘.ltl not ‘d\‘Llll ourselves of the

s<~rvic1~’ .'ll‘.tl lllItlIt‘I' of sonic of those refugees which .\li~< ll;1\i\:1r1l is tr_ving to place. In 1illt' ii1-t.t1tv.- :1 l"\"‘llf_[\'t lll\‘(‘\'l('(l $40000 in a

h1i~iii1-~~ iii :1 [tl'4>\ll‘1‘<‘ of (,)1teli1~c town, and was

-1» ~:1ti~ii1'1l \\i'll in- lll\‘1'~llll(‘lll that he brotigiit in to join him 11111-1211-i' l‘&‘ill_Qt(‘ with 300.000. Ilow tti:11iv f.iriii~ c1>11I1l ~ti«‘h t‘1-itisgct-s h1i_v lll this lux- tlll'lI\ll~ pi'ii\'i!ii’1'i‘

>l< W‘ ‘K ‘K Tliire is .1 tl‘llll\‘llt‘l' 1111 the part of some to lllllllllll>’C the iiccc~.~it_v for recruiting at the pre- sent jttnctttrt----~1»iiit~ even going the length of 2idvisiii;_y tllu-t‘ in _i1ih~' to stick to them, That is a tzrztic iiii~t:1l\1'—'1ll pli_v.<icall_v fit who can get :twa_v slintill lt:1~t<‘n to enroll. Only in this way (‘.'lIl our Ill'lk‘llCl’ f1ii'c(*s he hrotttjht up to strength. The li1>\'(‘l'll‘.ll1‘lll \\1i11l1l not be advertising for

ivliith llllL‘1'|'Clll«1lllI\ll~l}' iluiiipcd her passetigers zit ll;1v:1ii:1 l:1~t I“t‘i¢l:1v night, was cleared up in :1 lll<‘\\;\Kp ftttlll ,\l1-xim t’it_\', reporting the ar- i'iv:1l of ih1- tlultiiithtts in \'1‘i':1 Cruz. It was also

nt~c*~--.i‘_v, zniil it can rest assured that it will \Zl‘\'t' the lo_v:tl >‘lll)[)<lt‘t oi. the Canttdiaii people.

Lieutenaiit Governor Lepage

C»iiui:1'nl:1ti11ii< ztre due to the Hon. ll. \\'.

I4(‘l‘(lQ(‘, I‘i'<-~:1l1~11t of the I’.xcctiti\'e ('ottncil, upon ht. appoitittitviit to the 1*x:1ltc(l position of l..l<'lll<‘llfl.lll. li<I\’(‘l'llttI‘ of the l’r1ivitlCt*.

The p1'<--t-in iiictitiiliciit. the lion. (ieorgc

D. l)1-l‘.lois, has set All exceptiotutlly higlt still‘.- tl.'ll'1l iii the tl--clixtruc of his duties tlttring the past five years, and his example is one \\'lllI‘ll we ("tllllll(‘lltl inost >'illC(‘l‘L‘l_V to his sttccessor. III the €lll(‘l’I€lllllll(‘ll[ of tlistingttislied visitors from al)t'u:t<l its well as of our L‘lll7.Cll‘, llis llonotir Lieuteii:1nt (inveriior Delllois and Mrs. I)cBlois have been ideal hosts. They have given leadcrsliip in all nianiir-1' of social, educational and pliilxintliropic activities, and have endeare(l tliemselvcs to all classes of our people by in-, nitiiicrahlc acts of kindness and courtesy. The care and expense which His Honour has lavish- ed in beautifying Govemnient House and gar- dens will remain a. l'll0llllIl’l(‘|’lt to his regime and an inspiration to all who come after him.

Iloii. .\lr. I.(‘l)(LQC goes to tiovernment House from the political arciia, a veteran of many pitch- ed battles in which he gave and received some tlflC1\llllll1’)lll_\' hard lilmvs, That stage of his career is now liztppily behind him. Like Prospicc he can .~:1_v: Hlllt‘ jI7lll‘llC)' is done and the summit att:1iii<-1l, and the barriers fall." In the scrctier ‘l(‘lll(‘tll into which he has now emerged he takes with him the host wishes of all otir citizens that he will worthily iiphrild the highest traditions of his new office.

Mrs. l.E‘l'nq(‘, thotigh not so well known pith- licly as her htisband, eiijoys a very large circle of ll‘l('lltl'< S()I‘lflll_\', .'ui1l is certain to make a Cll.'ll'llll'l;_j ;iii1l grziciotis hostess at Government House.

Bri ish Gold Holdings

Another step in the mobilizrttion of Britain's forcigii p11i'cl1'i<iii;_v power for war has been an- l‘IOlll1L‘4"!l h_v Sir _lIvllll Siiiiriii, (7lianc<~llor of the lixclicqiiri‘, (loll \:|lll(‘(l at about £28o,ooo,ooo (_'St,l3I1,§4rx>.t><¥7t is hcititz transfcrrcrl front the issttt‘ nccotnit of the Iizvtik of litiizlaiirl to the Ex- clittiigc l“<pi:ili7:1tir»ii l7t1nd's account. This step (‘lllD.il~‘ rm iticrcziso iii the fi<lirti:1r_v iiotc issue of the h:iiil; to £5Ko.oon.ooo front £3o0,0o0.ooo. Tliv st<p is‘ ~'.'1i<l to he :1 lUj,!lC.'ll one following the (l'.‘1'iSion to take control of all forcigii cxclizingc hold luv I‘(‘.\ltl(‘lllS of fircrtt llriiain.

lit the lztst report, the British l)r1nk's lirildings of gold coin hnllioii in the issue account was en- l(‘f'L‘(l at nlmiit £2(i3.oo0,<)<x). ltuit gold then was valiicd at i_:8s 611 -'III mll1C(‘, whereas now it is Villll(‘(l at Hills. In the bullion return the bank ‘I'(‘(‘0I‘fl(‘4l the stile of £278,r)(i5,228 of hzir gold.

The ClIl‘I‘('Ill ziinotmt in the Iixliaiigc l7.qt1:1li7.a- tiiiii I"111i1l ii:itiir:ill_v is not known. The last fig- ures \\'r‘rc for .\l*1rch 31, when the account held 4r).,t1)o,o0o fiiio ounces. The current figure prohnlily is roiisiclcnilily smitller than that. since there has l)(‘f‘Il :1 hc-:1v_v pressiire on sterling dtir- ing the past months of the ll'Il(‘I'l1(lllO.'l.'ll crisis. Nevcrtliclvss, the lixcliztnge account pI‘f’Sf‘tlIS :1 far better picture than did British gold liolrlings at the outbreak of the World War. On August 5, 1914, the holdings of gold coin and bullion in the issue dcpartnicnt of the bank were barely 26,000,000 fine‘ ounces. There was no exchange

I'l‘l)l>l'l«'Ll that the liner l‘-rt-tttcii, which left New \'1ii‘l\' on .‘\HQ. 3') after (‘l<'1|l'lll_Q for her home purl. lll'(’lllk‘l'll1l\'(‘ll, llI‘.(l followed the Colutnllus into the iictitrril \v.1t<>r< of Vera Cruz.

>1: >« an :-

"iow w.i11 \\'('l'(‘ zit‘ ivc in K‘ .. w.r "1 ll ‘ 1 fl last 1 \\i'l

for (‘llll.~l!ll('ltt. lt :1l~o lllEl(l(' itself responsible for stwiiig th:1t p1'1~pt‘r 11rg:11iil.'1tions were in- stittitwl for the cotiifiirt of the eitlisted men and their ilvpt-11111-tits. Sitter tli1>.sc- days Cana<la has

creature coinforts of the enlisted men in the Hotiit-land, and the coiiipzinitive neglect here, we see the t1i‘;;«:iit need of some organization to get behind cold-blooded htireaticrats and urge them to action. A body of patriotic citizens with one object in view—~the interests of our brave de- fcnders—is greatly to be desired. III ‘II 1! l

Thirty of Gerina:iy's listed scvcnty—one U- hoats are 250-ton vessels, designed primarily for coastal work and Baltic duty, but capable of effective North Sm opcr.-ttioiis and with range enough to reach l)(‘)'1\ll(l the Iiiiglish Channel. Tiveiity-oiie sttlintztriiies displace between 500 and 517 tons; two, the U-25 and U-26, are 712- ton ships, and eight are 740-ton vessels. The ton- nage of the others is no known. The 25o—ton “ininnow” has a reported cruising radius of at least t.2oo lllll(‘S, while the 500-ton U-boats are believed to he crtpahlc of cruising 3.000 miles without refueling. (ii(‘l‘Ill1'llly was known to be expcriiiioiitiiig in recent vcars with a new type of stilwinarinc (‘lll_{lll(’, wliich, if successfully (le- vclopr-rl, prohahly ivotild greatly increase sub- niziritic CilL‘L‘ll\'(‘ll(‘SS. ()ii the other hand, the llritish Navy has developed an improved sub- niarinc-(lctcction device. :1 an It it

In 1014 there was a belief in Berlin amount- ing ahnost to cotivictioii that the British Em- pire wzis a hrittlc thing. The war quickly lironght tlisilliisioii, and soon this lament and coiifcssioii appt-aretl in licriiianyz

“\\‘t- expected that liritish India would rise v.'t<*ii the first shot \vas fired in Eur- ope. hut in fact tlioiisnnrls of Indians came to figlit ivitli the l‘-ritish zigaiiist us. We

:i1iticip:it<-1| that the whole llritish Iinipire

ivnuld be torn in pieces, liiit the colonies ap-

pear to be united closer thrm ever with the llltllll(‘I' CUllllll‘)'. “'6 expected a triumphant

|‘(‘l)(‘lllOll in South Africa ~ it proved a

fiasco."

(}ct'1iiaiiy's disrippoiittiiicnt over the refusal of the I’-ritisli l’.inpi1‘c to collapse is quite un- (lcrstaiidahlc. ('T1iiadr1, by the end of the war, had rnisml 618,000 men. Attstralia. popiilrition of 7.r>oo.ooo, sent ,7_‘;o,ooo men and incurred a debt of $3,00o,00o,ooo. New Zcaland with 1,000,000 popnlritioii, S(‘Ilt It2.ooo men and lIl(‘lIl‘l'(‘Il a (l(‘lll of $ioo.ooo.ooo. New iiealnnd had 50,000 1-:1s:11ilti<-s and only 311 of her men were mkcn ])l’lSflIIl‘l’, South Africa raised 76,- 000 lllt’ll for her ll1(ll\'l(llh'Il war with Germany.

the llritisli flag, in all capacities, 3,285.00 came rom overseal. ~—' - L .- ~

. __ > Europe,“ that some measure of i1'c1't11t.< it there were no ll(‘\‘(‘SSll_\'. reward should be due to them. * ~ * Decorations are dlfflcult things

3 _ ,I .\ - . , , ' ' , .' to label —- let alone Invent. so

( tic Il_\ 'ti_\_ in tli<_ ,\tl11it1c, inioliing the me best mat can be done is to \\'ll(‘l'(‘lllI(Illl\' til Ill-'3 ll\'l‘lll{|ll llllt’l' Lolunibus, one, the muowmg suggestions

. . . "b Ink". A h ' 1 r<ir:1ll lll.'tl lllllt‘ w:i< tltlllt’ in llI(‘ way of recru1t- 3:", sznpe for theaiiifiebforixaiif iiig ;11i1l the c.1i't- of l1t’l‘llllS ttittil the Patriotic caster to mlspronounce Bercht,cs- Socit-t_v wrts futiiiil-'1l. 'lih.'1t l)l|(l)' was mainly in- Sade“ End I-hereby DFOVB that he .\lllll!l('ltl1tl in hrtttging h«>iti<- to the average citi- 1’ human‘ A 51”" whistle 1°’ the > _ , ,7 _. _ ~‘ . one who can fall fast. asleep at /1-ii tliimtgltisttt t.11- llH\lllL(‘ lll(‘. then necessity two out 0! seven ..e]9venm..

with :1

India sent 6oo,ooo fighters to aid the Empire. Altngc-flier, of the no.-irl_v m.ooo,ooo men imrler

THE CI-IARLOTTETOWN GUARDIAN

IIOTES BY THE WAY

The KIWIIIII Club In dolng I good work for vimcouver and for zood cltlunahlp In undertaking to bulld and fumlsh 3 boys’ club at the corner of Pandora and Semtn streets. Boys are naturally gregarious creatures. They llke to get together so. It helps them rub off their corner: It teaches and under proper auspices It does them good to do them the necessity of team work and team play. It de- velops qualltles of leadership. somehow or other, boys will get together. If the fsclllttes for con- gregatlng under proper ausplces are not avatlable, they will create facllltles not so go'od_ wlth results that may be unhappy. It costs at good deal In tlme and effort and money to bring a boy back to the paths of good cltlzenshlp once he has been lured or driven from them_ It does not cost; nearly as much comparartlvely to keep hlm from straying from the straight and narrow path. Anything any service club can do to help keep the boys movlnq In the right d‘rec- tlcn Is a public service. —- Van-

couver Province.

Pralrie Provinces and minor loss- es In other districts. Analysis of operating results for 1938 of the 331 retail hardware stores furnish- Ing detalled figures reveal; an av- erage net operating profit of 1.6 per cent of sales before making provisions for Interest on own cap- Ital Investment-. Gross margin or profit (difference between sales and cost. of goods sold) averaged 25.6 per cent of sales while operat- ilng expenses amounted to 24.0 per cent_ Stocks were turned over on an average of twice during the year.

So large and loquaclous a part Is being played by the boys of the radio scattered as they are “throughout the tense capitals of

for recognition of merit: Order of the Black Beaver for the flrst fel- low who announces that a meeting was held (any place at all) that was not "momentous." Three stars and a. hurrah for the discovery of a sltuntlon that Is not “ci-uclal," a mobilization that Is not "partlal,“ and B statesman who Is not “grim- faced.” A stop watch with chain for an exhibition of unusual stamina In standing on the Euro-

hours. A brass lamp for the lad who breaks down and admits he has heard 1: report; from sources that are not "usually well-lnform- ed." All this, of course, Is merely

seems to have had more of It than a study of his career would Indic- ate. He jumped his ball In July, 1987, and remained hidden and undetected In Manhattan for more than two years. Rewards -were offered. Circulars -were dI.s- trlbuted throughout the United States and Canada. He had prac- tlated the old art of lurking In concealment where It was least llkely to be thought that he would be. The puruult got hot. The coon came down. '1'he game of hide- imd-seek waa long, but the FBI won. Its laurels, If 9. little late, wlll not be grudged; and the re- ward, no vnlnly offered, will not have to be pnld. —— New York Times.