i E I i l

a cemetery, Kensington.

I

man. s sung . Kindly Light,” and

.‘ on were: Roy MCLure. Eugene center

_ .

r—‘O— -— -

The captains of the provin- cial intermediate B boys and girls basketball squads were presented with trophies at the conclusion of the tourney in

Heavy Capital Spending Being Forecast For Canada

By FORBES RHL'DE Canadian Press Business Editor

Looking for items of signifi- cance in last week‘s varied batch of business news, one might pick out the annual re- port of the governor of the Bank of Montreal.

The governor’s report. as us- ual, packs a remarkable amount of information in less than 100 pages and is required reading for anyone trying to keep abreast of Canada‘s eco- nomic affairs.

In a long-range way, one of the more, interesting comments concerns the growth of interna- tional financial co - operation which has averted what other- wise might have been a num- ber of national and interna- tional financial disasters.

, occupied a and officiated ' bearers were Theodore Gallant,

Vance - an

WESTERN BRIEFS

IN ALBERTON Mrs. John F. Black, St. Nic- holas, is a guest of Miss Shirley MacArthur, Alberton.

FLY TO BOSTON Stephen M. Burke and Frank McNeill, Albel'ton. left by: plane for Boston, Saturday. Af-l

her a brief visit they will re- mand

turn by car. ' 1

IN AID 0F HOSPITAL l

A buffet supper in aid of the‘ Western Hospital was served: by the ladies of the parish ml the hospital lounge. Saturday] evening. Tile menu included" turkey, salads. cscalloped po-i tatoes, pie and sweets. The Sup- per was well patronized.

CLARKE FUNERAL — The fu- neral for John Clarke was held at Kensington United? Church on Thursday afternoon,i with Rev. L.M. Murray officiat-l mg, Mrs. Russell MacKay ‘was‘ organist. , Pallbearers w e r e , Earle MacKay, Arthur MacKay. i Hebcr Pickering, Bruce Clark, Oliver and Francis Burial was in the People's

ARSENAULT FUNERAL — The funeral for Remi Arsenault was held Friday morning from his late residence, Bloomfield Station, to‘ St. Anthony's Church

where Requiem High M355 was b

celebrated by Rev. Clarence J. Htre. Rev. Emmanual Richard seat in the sanctuary at the grave. Pall-

Peter Arsenault. Leo Gallant, MacKay, Louis Peters, Theodore Arsenault.

FERGUSON FUNERAL Funeral services were held for Mrs. Herman Ferguson fr o m

“mm” “mm” "me’ 5"”: .E.I.. a half brother, Lloydl day afternoon. Rev. . . c C u n l l Phail was officiating clergy' “up!” ' Sp “3 V31 ey- P-E'Iu,

Hymn were; “Lead and a half sister Mrs. James.

“Peace Per-

fect Peace." Interment too k

[face in Tyne Valley Presbyter- da

tan Church cemetery. Pallbear-

Brooks, Ernest. Charles, Allen, Edmond Folder and Clayton Ballum.

magazine Business Week.

Paynter. ed

L V} «L. ., ' V ' TROPHIES PRESENTED AT O’LEARY

O'Lealry Saturday. Minister L.G. D (left) prwentied trophies to Roma MacDonald. captain of the Souris Regional High

Education e

This international co - opera-I tion, which distinguishes the: years since the war from alll preceding periods. has grown within such a complex finan-l cial structure that the average person may not appreciatei what it means to the stability of his pay cheque.

EXPERT BILLER SWINGS ‘

The governor's report, inci-I dentally, tells Canadians to ex-! pect bigger swings the: country's foreign exchange re-f serves than was the case when the exchange value of our dol- lar was a ﬂoating one. Such, swings, it says, now should be, regarded as normal.

The Bank of Montreal review sees a new wave of capital in- vestment building up. following the more or less level period since 1957.

The fact. that there has been no substantial upturn in capital outlays since the mid-19505. the review states. means that each year that asses “brings us that much closer to the point where a surge of new invest- ment in plant and equipment will become necessary.“

"In the next few years those born just after the war will be coming into the labor market,

‘ marrying and setting up households. As a result, a marked increase in consumer demand for many items is in- dicated for the latter half of the 19605. and manufacturers can be expected to arrange well in advance for construction of

School girls team. and to Stephen Clarkson. captain of the Montague Regional High School boys team. On right above is Earl

principal of the O'Leary Reg-

ional High School, who gave a short address on the tourna- ment to all the eight teams

Jellcy, which took part.

ISLAND NEWS PAGEI

Alberton and West Prince, Countv

2 The Guardian Charlottetown, Mon., Mar. 25, 1963.!

Leilan, who predeceased her iii years ago. i

Surviving are one sister. Miss, Ethel Campbell, RN, of Boston;l two brothers Rankin of O’Leary and Gordon of Charlottetown. who attended the funeral.

Two brothers and two sisters

Brae Native ‘Dies In Boston

O'LEARY — The death occur' red in Boston. Mass. recently of Mrs. Frank MacLellan (nee Lillian Campbell), aged 81 years. She w a s a daughter of the late Mary and Duncan Campbell, an d was b o r n at Brae, P.E.I. A! a young girl she went to the United States. where she later married Frank Mac-

in Mount Hope cemetery. I

GIVE FREE BLOOD The Canadian and American Red Cross have an agreement to supply blood free to tourists who need transfusions while on a visit. '

predeceased her. Interment was Monet

WEATHER

a w ‘ TORONTO (CP) —- Tempera- grees higher in most localities. few cloudy intervals in that.

tures issued by the weather office:

Min_ Max Dawson . . . . -18 25 Vancouver ..... .. 32 52 Victoria . . . . . . . . .. 41 50 Edmonton . . . . . .. 29 32 Calgary . . . . . . . . .. 28 32 Regina . . . . . . . . .. 27 52 Winnipeg 33 43 Toronto . . . . . . . . .. 35 63 awa . 18 46 Montreal . 18 42 Quebec 11 40 Fredericton 11 45 Saint John 16 38 on 12 41 Halifax . . . . . . . 27 42 Charlottetown 15 35 Sydney . . . . . . 19 39 Yarmouth 26 40 St. John’s 2s 36

HALIFAX (CP) — The wea- ther‘office says_fine weather is expected to continue today in

Meet HeIIIIrII RoIIiclIIIuII

Liberal memEer of Parliament for Gloucester. N. B.

TUSEDAY, MARCH 26th

2:30 p.m.—Georgetown. Town Hall

JOHN MULLALLY, candidate for Kings and other in attendance.

8:00 p.m.—Souris— Regional High School Auditorium

Mr. Hedard Robichaud

guest speakers will be

P.E.I. Liberal Association

anreeionsuoryaneonmuuonanmtownmannl. ' to flow in from the west. Tem« Upper St., John River Valley ratures should- be de- Bay of .Chaleu-r: Clear wi .'

Regional forecasts: ternoun: little change in temp,” ‘ d Nova Scotla, East- ture: light winds. L0W4i‘ligb’ ern NB. Counties, Lower St. Edmundston and Campbellton‘ John River Valley: Clear and and 45. continuing mild; west winds 15. Bay Fundy: Southw Low-high at Halifax and Van winds 15 increasing late in mom, mouth 27 and 45, Kentville 25 mg to southwest 20; clear; of“. and 50, New Glasgow and Gosh- bility 10 miles: temperature}, 25 and 45. Moncton 20 and the s 45, Fredericton 20 and 48. Saintl High 5‘05“! 3° and 40- wn at 10:54 aim. and 11-¥ ,Cape Breton, Prince Edwardyls- p.m. At Rustico at 5:53 am. land: Clear; little change‘ in and 6:15 pm. Summersidc tide temperatuoe; west winds 20 eighteen minutes later than

tide today at Chariot}.

diminishing in afternoon to light. Charlottetown. Sun rises today at Sydney 20 and 40. at 5:57 and sets at 0:16. ,

Low-high

. gi—the only foundation garments with "crisscross control." .B_r_a_. of embroidered nylon taffeta and terylene. 32-36 A, 32-38 B, 3240 C. 32—40 D. .00 Iii-waist girdle of batiste and satin Iastex ‘has gipper and side hooks. Sizes 24-42 (except 37-39-41). the. I". 10.00

"DOMINION CORSET COMPANY, LTD. QUEBEC 0 MONTREAL 0 TORONTO - VANCOUVER

the capital equipment required to satisfy such increased dey

The trade and commerce de- artment r e c e ntly estimated that this year's capital expen- ditures will reach a record of 59.088.000.000, up four per cent from 1962. The Bank of Mont- real‘s analysis appears to indi- cate that this is but the early part of a period of increasing, growth. 1 ENCOURAGING TREND An encouraging current trend; in capital spending in the1 United States is noted by thel

OBITUARY

Inserted by friends and Irela- tlves as a tribute to the deceas- ‘

ROY. C. STEVENSON Roy C. Stevenson. 60, of 59 Wentworth St., Mal-den, Mass, passed away at the New Eng- land Sanatorium on February . 1963. following a brief ill-

H no:

655. l A native of Chelsea, he hadi een employed at the Charles-i town Navy Yard. and was a5 member of Center Methodist! Church. ‘ He is survived by his wife. the former Sarah B. Stewart.) two daughters, Mrs. Louise S. Patterson of Chappaqua, N.Y., and s. . Formosa; also three grandchild-i Iren, two sisters. Mrs. Arthur Stewart. of Charlottetown, Mrs. Stirling Andrews of Freetown?

Campbell of Burlington. P.E.I., Services were held on Satur-I'

with the Rev. Robert Hons Methodist Church

[minimum pension plan by 1965 'and which would provide for portability of pensions when people change jobs. The Life Insurance Agency Management Association says new life insurance brought by ,Canadians in January totalled 1 $481,300.000. up $46,700,000 from iJanuarv last year. Life insur- u - - w .i ancc anda nnuity benefits paid azinceaps‘gs siﬁgdgﬁgng‘? SL’EEJ during 1962 totalled 5645500000. what different path than that. up 9mm per cent from 1961' visualized at year-end. Then it R .d was thought that the fourth quarter marked 1962's top andi Fermer es' ent that a dip was coming in early’ ' 196'. Now. with more facts. in“ v'c'lm Haldup it seems that the fourth quar-l ter brought the dip. This year's‘ SUMMERS‘IDE " Mrs' B?“ first quarter is no worse than bara Adams. 3 former Sprlng the $38,000.000,000 annual rate inJValley resident, wife of Vernon the final three months lastEAdamS. formerly of Damley. yoTage ma Ea Z i n e {greseos a‘now living in Medford, Mass, probable $40,000,000000 annual had an exciting experience} rate late this year. week ago when she was the vnc- .. tim of an armed holdup in a _ .. ' ur wereselsempoye, 3:52} $231235]? gigggd 8;: Mrs. Adams was alone in the . t7 .m. when a un shareholders that the majority 32:33:28,! ghe building 3:"; of the company’s directors have ing a paper bag and a silver. indicated they will accept the plated gun. uebec government's offer for The holdup man told Mrs. thelr own shares. Directors Adams to place the money from 3:3? 83:16:; othethecogg‘ the till amountigg ltio abput 510. - W“ 'intheba.butecnedo ae sis that while the offers are in« the pennigs. adequate, the alternatives to acceptance. obsecure as they When ﬁne man enlt‘eredbthe now are, might produce a more ‘ Store kis- Adams ad 99” unsatisfactory net result." talking to her husband on the The Canadian Exporters' AS' telephone. and thinking it was Socilalioin. Ifotllowlifr’lﬁfs; a deClSion just another custo}mer ﬁe mid ma e 11 ac . announces her husband to old e a thin Jame:l M- MCfAVily Will; while she waited on the “custo- re ire as c airman 0 House 0 ‘mcr". 59$???) l i The Adams' returned on F13; e n ar 0 government my day. March 22, to their home tap: u c etdo legislation lunder} Medford after attendigghthe w Ic mos n ario emp oyers, n e ral of a relative o n . womd be re(mired to provide at Clark, in Kensington. G. LORNE MONKLEY

G. LORNE MONKLEY

INVITES THE PUBLIC

TO LISTEN TO THE FOLLOWIING BROADCASTS VER <2ka

0 ALL TIMES 12:35 P.M.

MONDAY, MARCH 25 SENATOR O. H. PHlLLlPS TUESDAY, MAHOH 26 HON. HUDERT McNEILL WEDNESDAY, MARCH 27 ERIC JESSO'ME THURSDAY, MARCH 28

offici-, sting. 3

Burial was in Puritan Lawn,‘ Peabody.

MRS. JiRY PETERS FRIDAY, MARCH 29 SENATOR O. H. PHILLIIPS

r..-

r21! . u- a

. 'DR'”~,D-¢o~e

s.—

Our compel .M set at 510,000.00

COMMUNITY HOSPITAL

O’LEARY

on for funds . March 25. 1963.

If, p . 6mg: beam ‘0'. Please 5. * MOLLSTITSON. Chi-Inn.

WEI “was

«genes-mos

SATURDAY. MARCH 30 G. LORNE MO‘NKLEY MONDAY. APRIL 1 HON. DR. L. G. DEWAR TUESDAY, APRIL 2 HON. HENRY WEDGE WEDNESDAY, APRIL 8 GEORGE KEY. JR. THURSDAY, APRIL 4 SENATOR O. H. PHILLIPS FRIDAY. APRIL 5 G. LORNE MONKLEY

KEEP PIIINCE PROGRESSIVE VOTE 0. LORNE MONKLEY

Prince cm, to. Aaa’n. ,

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Permanent Life Insurance values are guaranteed. All 'thc amounts are carefully laid out right therein your. policy.Thc amount Of the protection is there, the cash values are listed, clearly stating the monetary worth of your savings investment for future ycars.You can plan on retirement, for example, with absolute cer- tainty that the income promised in your policy will

The retirement income

you can't '

outlch

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Permanent Life Insurance provides dollars when they are most necdcd....guarantccd protection for present peace of mind "and a sure and profitable savings plan for a future that is ﬁnancially secure.

THE LIFE INSURANCE COMPANIES IN‘ CANADA