UULY 6, 1921‘ ‘Small Bank Accounts

We welcome even the smallest accounts and ex-

y?

trltlrrcr.

"2 .- Moreover, the} deposit oi $1 a week, continued regularly, and mcluding interest at 3% compounded wally. mm You a bu...“ of $230.25 1..

_ semi-eon é five yeen.

umoN BANK OF CANADA

Charlottetown Branch

uuuuaooowwowwwwwm

hing one ouandr.

' J. R. Dier, Manager

i

1s 01=1=

r1111 111)

$1550.00

rs THEE NEW

TliE i921 BRISCOE

STANDARD TOURING CAR AND ROADSTER

McLaine Service Station DEALERS t

CHARLOTTETOWN i i I

040400 e404 QQ-OOQO4-OOQMO4000-OO-QQQO4 O-GOOOR-Q-OQ-O-O-O-Q-O

ADDRESS AND PRESENTATION

1",," ‘=1 ' _

On tl1e evening of J1111e 24th. a most enjoynhle time was spent nl the home oi Mr. nnd Mrs. Kenneth lvltwlleoti, of Sprlntgtmt. the ticcnsion being the presentniiori oi‘ n inro- wcll ruldrt ‘s to their eldest dough- tor. iinthtyrine. who reeentbv be - 1111110 the bride of Air Jnmcfs iioll. of Boston, Alnss. 'l‘l1c young trouple hntl been spending their honey ~ 1110011 zit the bride's old home. nntl lanve since rt-ltrrned to the l7. S. A.

Quite :1 large number of friends both old nnd young, assembled to sny "n11 revoir." 11nd to wish both bride nnd groom n l1nppy~ 11nd pros- perous VOYBQD on the luutriurouinl sen.

'l‘i11: evening \\':1s‘ pnseied very plcnsnntly i11 "tripping the light fnntnstir." until the "wee stun‘ hours," the younger set taking i’11ll

zidvzirgngt: oi their tillllflflilflli)‘, nn'l‘

Hvcnytome the older ones renewing their yotitlt. and donronstrirting that they have not lost their slrill 1n the terpsielrorenn nrt.

1 During n pause in tho festivities.

n dniniy lunch wns served by the young indies, nttcr which Mrs. licll was presented with n. purse by Mrs Hazel ('1':1s\v'1.-il_ nccornpnnied by the tolltnving address, rend by lllr. ‘Hugh Lament.

. To Mrs. 311111125 Deli,

Dear Friend. ~ it is with footings oi both pltensure 11nd regret that we. your friends, are ztssenlbletl here to ~ night, on the eve oi your tlepnr- ture from among us; oi plcztsurc. in renewing old friendship, nntl oi regret that. you will no longer be with us in our social gatherings where you have always been n

PRICE FOR

gcncrnl favorite.

While regretting that you lire iPiiVillg 11s. we feel sure tbnt you will not entirely. forget the old friends, but will occasionally re- turn to old "Spud island." where you will nlwnys be henrtily welcom- ed.

We ailso wish to congratulate Mr.

0

Some Compartment of Operating Geitn. m» In previous articles in this so-

ries. emphasis has been llalcl on the

traiilc situation as affecting the

National System. 1t bus, been

ilvlllted out that there is not suiti-

clent tonnage available to pemnlt of proiltable operation, ‘by reason

of much o! the mileage being in new districts, ‘and that ‘this lat- ter ienturo also accounted to; the National Lines having a loss rc-' munerntlvev trafllc than older ee- tablisbed lines; that the competi- tive situation required a. certain ircquency oi! services that prevent- ed freight traffic bei/ng held for large train loadsr-and that the passenger situation was highly competitive, lbut that ctr-ordination and tronsolitlntlon of all Govern- ment lines should improve the sit- uation by providing more long-haul business. and. consequently. great- er density of traffic and a. greater participation in higher class trai- iic from the manufacturing dia- -trlots_ served iby the Grand "Prunk. While there ba/s bcem general ac- ceptance oi these truths. yet there is still some doubt as to whether the deficits incurred could not have been reduced. The Man- agement oithe Canadian National Railways can speak only tor those lines which it has bad under its control. As the Grand Trunk Pacific was not taken over until September 1st. 1920, the returns clndad itu those oi’ the Notional System.

o! that Company have 11ot been in-

The title "Canadian Na- tional Railwwys" includes the Carr

. CHARLOTTETOWN GUARDIAN

01111 111111011111. RAILWAYS

tore per mile 0f line distributed‘ on the general percentage which; labor bore t.o expenses was $240,; 00 less than the average unnunl' D31)’ oi! one employee. i -lt must be remembered that the "H082 mile o! line must inclutlel‘ itfl quota o! what double track lthera ,ls,_nbout 25 p. c. o! yard truck and siding, 0n nil oi which ties. rail insteniugs and ballast re- quire renewal. The average mile o! railway includes also its propor- tion oi structure-s o! all kinds. stu-

Malnteoance Expenses are. roughly, albout 40 p. c. o! the to- ital operating expenses o! a. rail- way, divided liainly evenly between the ilxed and movezible plant. or, as technically termed, Maintenance 0t Way and Structures about 20 p. c. and Maintenance oi Equipment 20 p. c. To mallte n. comparison with all other Canadian railways it. is necessary to go buck to the

year ended June 30th’ 1919, as tion and terminal buildings, l1ritl~ these are the latest Government gas‘ Mlmlels‘ 51mins‘ wlegmlm statistics avflnaable. and telephone litres and fences,

and maintenance includes removal

of snow. sand and ice as well as the renewal of all wearing ports. Surely. therefore, no charge oi ex- travagance can be lniti ut. the Coil- ndiam Nntionzrl dtailwnys’ door ‘on this nccotrnt, [inrrictrlnrly when the period under review is one rolloiv- lng ilvo yenrs of rctronclrnient. Cauadmn Nat1ona1 R311. really a. year tin which a liberal ways _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ __;1,1;.;1;_55 nllowunce for maintenance Wl! Other Caruudinn Railways . 1,833.52 lull)’ illsilfiillllm When much of the work was nu- Thls show that lper mile of line. 1thorized niid \vl1e11 the. money was the National System expended exipemlerl it was not known that $166.97 ‘less than the other (lnnn-Itha large wage increases, which. dlan railways did. To show bowlwore dnterl buck from S(!])i.t‘llli|('i‘ the mony uinlts ‘involved in such n to Mary, would hnve to be assumed. gigantic operation as the Cnnndinir: 11f the full zt-mount oi one man's National llaliwnlys run into large wages per mile oi line bod tier-u figures it may be noted that ii tho incurred for lnbotir. the ndvlitionnl Canadian Notional Railways hnd cost tor the 17.000 odd llliiPi now spent $166.07 more per mile oi lino under the Nntioirnl ltnilwzcvs’ M1111- (requlretl to bring its expenditure ngemeirt. would have been $I,lI!II;,~ up to the average) for the 14.3222 125.00. miles comprised it. would hnvc nil-l tied to the deilcit $2,390,377.73. "Comparison oi Maintenance Remember too, this wns tbo' Equipment Expenses. first: year alter the war when tie» ferred maintenance was bciug ta-i On a per mile oi li11c bltsis. the ken up. Trccorrls show thnt the expenditure Beiore deciding whether the ex‘ for lniiour

Comparl-t... of Maintenance of

Way Expenlea.

For the year ended June 110111. 1919, lthe wet oi! Maintenance or. Way and Structnrres per mile o! single main traick was:—-—

of

adlnn Northern

tereoloni-al, Prince Fltlwnrd lslnnt

Railway System and the Canadian Government Rail ways; the lotter group, including _ the National Transcontinental, in- ‘illumi- Hstntistics show tbot i11 ltnilwny and eevernl smnll branch. lines in the Maritime Provinces.

pcnse per mile was high or low, it to and iilcltltlillg the yenr chill-iii ‘is well to look nt. the general sit» June 30th. lllli. was more thou the} The Cnnn-dinn Railway uverlrue “were and since then tl1o._ the inst rtmount. expended is less. ull '1rnvilwnys were spending on Mnin- stihstnntinlly tonrtnce oi “lay nlld Structures n11 slightly less, inking one tire _vc;1r.

"ilve pre~\vnr yours the #411111‘. rory

in the live yl-nrs prior. '

'1'1..- 1 ‘

Cunatllnil wpiipnieut per 100 miles of lint- L41‘

t

llell on ‘ills choice oi n (aomlliinltrn, qqlc operating deficits or them" A _. _ _

llllti sllnrer oi‘ hisjoys nnd sorrows, lines were:— ldmwm‘ to" mdimml ‘WT lfmrmr “g“"“‘t_'l'° "the" _ ‘

nnrl 1101111, that be mny curry with combined, which. when distributed A unit compnrison ior tho yvut m _ i u

him 11 invertible impression oi the no between the two (m the lynsis ended Juno 30th. 1019, is ‘as iol- - ,

ifiuadslh.” I'm“ Pmfll“ .‘l“"l!"~j i"? 1919 -----$l4.il20»67_1 oi’ the general ratio which 11171101111" itiwsz-— E 1“V_:$LI(.D? 1;1(1)i‘t§::?11(1)1ng1\¥: 1112a: 1920 - - - ~ - ~ - - - - - - - ~ - 213.708.4755 bore t.o expenses represented ior = 1., 11.311012 111,11 “.111, 11 g1, 11,0 1111,51 in addition to the opcr- col-h tulle oi line n11 nnrlutil expen- cost of Maintenance per Locomo- g 1 sincere good wishes oi‘ nil your nting loss oi! . . . . . . . ..$20,708.45fi rllture for lnhour oi n li-ttle more I g

friends for pveryvtiiing thnt is brigltt 1111mm are lmeyesg Q1131‘. 11m“ the “vemge “"1131 wage of tlve per annum-

cs1 hllli. hcst in "in ' 1 ‘—

.. ' gee duo the public 0i 139533.695 one employee. Such was the case 1.53., 5 1 . _ 1 z > - . .- _ -, ~, - . k _ mm] 0n mm" or “Km” me - in ench oi the five years immcdin- C‘“"M"“‘ xmumn- In“ Inmillx»

51:111.

$40,702.15

.1. o. McKENZlE_ DUNCAN ~ NICHOLSON

And interest duo the Do-

\\'i\_\/S

ending with

i’- tcly preceding tire wnr, ' 311m’ Other

'1 1 '- -Il '1 . the fiscal yenr trndetl June ("m MM" l“ i‘ l‘

DONALD LAM°NT' mlnion Gov. 0t . . . . --$10.ii2i3-3ii1 lill-t. in t-ncll oi the next five , , ‘ EVERETT Mcl-EOD. “~__ “H1 1 , r , _ l. _ f , c”; of Maintenance per Freight. _ __ _c__ . -__.__.__->_- GORDON MCLEOD \ yours oi (mini, the expuu tture or _ car p" nnnum‘ 1 -__ HUGH LAMONT - . Maul"; “l” mm‘ Goad‘ krhnur U“ “m Same ‘laws 1m a“ 1111-“,- 1*_\'>1‘il<1\< for lilr- Vtllli‘ entlt 1i 111-optic:ionntt-lv with 1i1o 1111'11l1<-1‘ lilo - ‘C-iudtiiiih i'\' ll (or 1920 for the Ctm- Canadian rnilwavs has averaged . l .. i ‘ i . ‘ . f “ ‘ ‘ " ‘1 “ ' ' ‘ ' ' " ‘ ——-—<ear-——-—— _ ' ' '- 1 ' ‘\"ti 'l Ilzul- Jum- null. llllfl, c 1111ur- w. i l» I ' 1min; - 1. S ll t~1 1 . . . . - , , , ... Ol-D WAl-l- PAPER tllan Nfltlvlwl Ilflllwal/B 1cm ‘than the average annual “Wow Ciii-‘ciaxx i d mm $11» "n1 it)\\'-s'~— u l l I H Jllltliili 1:111‘ for.» .1I1|»-1l..:1'.~'»m‘ M H‘) 1M1 M H“ iilimml m ‘ _ r . . . . . . . . . . . . . . . . . .. 51,025,413 or‘ 1 ' r ' r 11 . -' ' ' ' ' """" " .1". , " v , . . " . ’ . ‘ " ' “” ' ‘ W“ “"’ “""" ‘“' ""““"" m m_ v 1 _ _ r a 1 $ I gm’ enmmee l’? m"? ')_ if’ 0111111- (gnuululn H,;1],Il.\'(|_\’$ ._ i_'.....‘l CflJitlilliLt .\ mlinl ll_\'.l ,.$-...l\...ll: a mfllillill r\1111\l\1.\"~c\. lmllil . m, l, 113,11, 11111,. 1,_,;1._ 1.1, d") lollleh U10"! tile ll t9" per rl-tlllllllll. it should be borne 111 v ., - 1 » left odd lengths or wnll pnper and l, 1 u n l n‘ .1“ 1k‘ Other (‘mmrlntn ll _1 ~ l_Si_..l1.~1-.1-,n:.-,- nod t-Xllt-lls 1 .1111“ “m u“ U“ H“, (rm those should be euretully preeerv- 'l‘l1e other itelns which WOFB lll- "mu 1 " " fa "Huge a m (Jest of Maintenance per Passenger‘ Those cxponws 111w» o1" 11 111111 111’1..l 1'\]]l'll>t'~I, .~i . 1,111,,“ 1 1.1.... H,“ ,,,, 11 cd- _ Dalila“ "lily b9 till"? “qlelflcltrdcti by ‘the Minister of ltnilwnys fiuwllm‘ “llelllilltll $ill<1e lilli there Tram car p" annum pnrwl 11:1 :1 1r.ti11 mile i»:1< . bu’ i‘1 ‘111, ]1l'oi~t'l‘.t1l1. ~o Ii1:ll .1 tin-- o1 . _ ml ‘Mm. ,_|.,_|,1,_,.1 11., (£11m.{‘;1§$.r'_\€“1;t:lil ill deillllllTwll-ll i-ilfl railway Slillil‘ h; ‘fig? Drfipmtllo“ 8r m?" hi?‘ ' _ 1 i1111lri117: stub .1 t‘Iilll|llll'i,'-Illl 11 1nt1.-t 1‘-.\\\' lr-lih llllll't‘ilii'lli~ or it \_ - - - ~ . - 1 . _._ .11r11r_\' or re ‘nn-rrr ."- , ,- n‘ . ..- , . ~. l, - , , _. _, _ “ ‘ 11ml 11w“. is ,1 1W1 1cm. G91 altlon in the House oi Commons rcln ‘hmal i" mo“ H‘ t Pr‘ l‘ H?‘ Cnnndtnn Ixntional Rail a M" he hmm .1. .......1 i,l1,1l_ .,,.1.... .1 H. 1,1... 1..., _. 4.“... o“... ,_ 1 Th“ “my wimjlilp “MFR lliette oi’ the paper, scalloll the ed-ItEd to the Grand Trunk Pncilic "‘ ' 9 O ‘l Mm] ' will!“ ~ l - - ~ - - - - - < - - - ~ - -~$l"'s i 'l‘l'flll.~port:11ion l-ixyit 11>» :1 n lntitrilfi l"‘l' irniu mile lhnrl 1|'l1'1_ .,» .l-.~.1 ..~ .-\-|---~ t. p1» 595 ‘Um-e mulihl)’ {mil Pas“? n- ovel‘ RFJUWKYS Vllllllililllti i“? “l9 Y9“ “ *'*f:‘"'“ Other (Ynnnrlirtii llnliwflY-‘i 1' group. in zttivlilitin to the l:':1i11111~11‘.< over whit-ll 1t l.1 inlmlior olfli i. ‘ {It ‘ i T, ‘_' l. §l\‘jkl:::"‘;f' 1gctmienfl w‘? 390"}: for only (outflmoutha oi’ which the The (Jnnntlizro National Rltli\\‘<.\'>~'. nod onj-ziiir-nlonk unit s. 11ml. oil trniip .ll'1~ meted. duh‘ “I'm, ‘qiillllcl igsuw‘ o ' . r . . , . .. . ~ r. ;l‘il‘llil'_"\ l‘ m. new and “Ye .,,f,,,,,‘f,,,.‘§ Faded Natlnnwl Rwllwavs Management w“ ‘being practically the only >>~ttlu 21ml otlwr ~111>.>11.\. .1 t-1~tl\';1ltl~<~'t-tl on .1 train milo litters. 1211- (‘llm-illllflyllilnwfjnfn\‘\\_fly “w” 11... .,.,.11,-,1,,1 15 313mm,; 1n 111,11 was in charge. The items were-W- that. bus materially lllvlfisfiil l“ by 1111111 rnovotnt-itt trt- ll 11111|1l1~r pnruon lsi~~ ' ‘ w__r_‘___ m“ ___V_ Olllllllllwlli Sill"! U” ‘viii? “"3 5mm? 10h do not var_v1(';111ntlin11 Xntionnl ll_\".~ ......$l.Tl 1 _,,,,|,,,,,,..| 1)., ling!- 'l‘\\-.lvr~.

cnstsqitrt n flicce oi the spnre wall pauper out of doors in Me sun for twtl or three tlnys. Dumpen it ocensiorutllyz All tltut is needed is (‘Xptltilil'0.—EXt:iltlflg8.

s/l double

ailing

wheat an

Grape-Nuts is rea. eat: direct Prom the with cream or goo

"Her-er a Reason" For grape-Nuts? i Soldhy Grocers Everywhere!

filadebyCanadianPo

- ~. v n x \>Q.'lv*‘.‘. 1,4- eo-to" --

in this Food

in cost

and ain in nutrition pro- vide unusual

economy 17L

rapeNuts

"Ithecom _act oodness 0F m Naturally sweet, crisp an

delightful to taste.

The body (LfiCldY ilates the essentials or

building strength and viéor. from this scientific Food.

shun Cereal

4,»... ..

economy

....... ow * ' Crust ' m». m"... u‘ u“

A

__' _~,-_-_~ m...

~11“ .';--~~....,.~.. a.» r- " w .. N, " ~ I-- _. » ..

, ted barley.

1 assim- j

d . all?!» milk...

Grand Trunk Pnclfic Op- erating Deficit . . . . . $10,134,513 Grand Trunk Pacific lu- terest Charges . . . . . ..

Inverrtrnent Leadership

9.332.776

Starting in a Small Way

'i‘i1ous1111dn of people who.‘

Adding these items makes up the total o! $70,495,702

The interest charges included 111mm; u..- ..-...-, invnsiml

_ tu-lr envious i_\' l11.~11.1i~

above cover the interest on all “mus 1“ VWNL), mums moneys which the Government has “Wu-r Pururl-Wl to tlurl hou much \\\n1\t\_\' they

advanced for equipment purchases l"... ,,,....,,,,,.1,,...,| 1,, 11,1,

and other capital expenditure! “'"l'-

since the Crtrumliam Northern Sys- 'l"‘l" “lrlllml- will“ ll" proved such :1 boon to the

‘Gm W33 acilulred- and 5,5" u"? Bmull inventor. run iv» up-

interest on ‘funds advanced to iiiipdlrlirlilsnltit l§li‘t,|‘ckl.t:t‘i‘mnii‘rl

liouds.

OUR P A R T I A L PAYMENT PLAN

makes it possible for you to Ink:- rulrnntirgr- of to~ day's fnvurnlrle rnnrlrr-is without IIII undue ldrnln on your nvnilnlile xurplilrl.

Li‘! us nirr" 111111 u H.111 o! todnpfir Ollpflrfilliififll- 148k for Circular l0

Bryant, Isard 8r Co

M40 8:. Francois Xavier $1. UpwwnBreneh-Oiflw-JSJ Pulit-

meet the 1919 deilclt.

it is recognized that under exist- ng conditions the payment o! in- terest charges out oi ourren-t earn- ings is not. possible tor 1a 1 system made up oi’ lines which were indi- vld-unlly unable to meet their in- terest obligations. Beyond this general statement and the quoting oi the. mmounts above. this article wil den) only with ‘Operating Do- ilclts.‘ and an endeavor will be

made to show that it was not witlr- prank,“ In the limits oi’ practical rnilroatl- BwdlJlvWIv-Plwmlfillndlfil lug lo wipe out these tieiicite uu-

tlor the conditions which prevailed during 1920.

fliuetilicntion {or nn increase in to- tnl Mniutenziitce of ICIllIitIYllllPllL l‘X' QBIHES. npnrt from the extra cost oi runirttenzince per 1111it. which higher costs 0i mnterlol and in- n)..." have brought about.

There is this to he said nhotrt nil mnlntennnce expenditures that. in pnr-t ut least. they go into l.hc_l111-

ty. lixeli ntiltl movonblc. Traffic and General Expenses

'i‘bcs1e expenses are gfluflrfllll’ compared o11 the proportion they hour to the total opernthn; taxpen- s05. The comparison tor the year ended June 30th, 1919. is on i'oliows:—

Trafllc Expenses

...l.i:'> 11A‘. wit!!! 11.1‘.

ilnnmlinir Nntlorrnl lly's (lthor Cnnzrdlarn ltyfls

General Expenses.

Cirnntlizm Notional llyis ...‘.’,lR 1L1‘.

Other Caurutllzru ltyk . . . . .Zl.i0 p.t-.

Transportation Expenses 0n_n per mile oi lino I.:1.<i,\.

iprovemont oi the rnilwnys‘ proper-l

_ _At_ Deduction, ‘Sherilccknliolrnec hind 011

oi l111','_-1_- iii-tits wh

§crrc.

l When you buy King Cole Tea

you are sure~st1re oi that full rich iiavor that has won for it its widespread sale.

“Yazill like the Flavor”

l

Are you sure oi the tea you are buying?

Jeff.

unrr AND JEFF-a

JIWKW §vPtRRlNG PHRTNQR l

A __ ____

..--.» -

M‘! Poctcsr.’

- do’ not-ll. " ' h — i — ~—— M“ H -~\ W.“ N," Mal.‘ A“ You N0.‘l"t'\A‘i‘S u?» on: You time ANY l '11-: Just‘ stsmcn rravwe ro We ‘Qm- pwncutrv cornea WmsnNG M, w‘ neon-nob senor Me? x "E 6°‘ m‘ weenie: w ommcr ro he °°“""*“ ‘N me reams

mo So FORTH -

s’. Jftctt; KCPI"

Yum! rltt R-r-Ap 1r Tv‘l0v1-'|T\$ recap-lea AeneenTuAT 1H6 SAID JGFF tutu. wenta r1210 OUNCE stoves A~1>'Pu1.1.‘ 1M ‘Puntt-tes 1N Al-l- SPARRlNG Hours wml rue (RAMP) 0101b-

kiib m, yin-fifth

i1<»""

O

lNSGRTlNG owé GXTlQA CLAUSE 1pm me I

chairman-Z

_\..,’

t1»

in “t. _..-.,. ,1.“ .

‘lhiilMliW

T-By 13th Fisbe i

§ \ H Ari/E.‘ . _ k w