a
40-YEAR CERTIFICATES, PINS PRESENTED
Emmett Deighan’ (left), Charlottetown, president of the Brotherhood of Locomo- tive Firemen and Enginemen, presents 40-year membership pins and certificates to three
4
rd
retired members of the union at a recent special evening at the Charlotietown Legion From left are Mr. Deighan; Ernest Deighan, Summerside; FL. Puncher, Charlottetown ;
'%. The Guardian, Charlottetawn, Fri.. Feb. 19. 1965.
and TA. Doyle. Charlottetown Also presented were 20-year membership pins to Victor MacFarlane and PF. Doyle, Charlottetown, retiring mem- bers
50 Transactions Questioned
| Auditor:
OTTAWA (CP)—Auditor-Gen- Maxwell Henderson re- to the Commons
government's budget- deficit last fiscal year was ,197,480, on total expendi- tures of $6,862,401,519 and rev- enues of 96,253,204,059
But in going through the gov- efpment's a counts and those of Crown corporations and depart- mental agencies, the genera)
#
eof
questioned the transactions. Mr. Henderson's 193-page re-
port accompanied three. vol- | ames of the public accounts of
| Canada for the fiscal year end- jing last March 31. The depart- | ment of finan.2, in an accom- jpanying abridgement of the \public accounts, said revenues had been six per cent higher while e. nd ‘es were 4% per cent higher than in the 1962-63 fiscal year.
The deficit compared with a forecast m de by Finance Min-
lister Gordon on July 8, 1963, of auditor- | $655,000,000, and <n actual def- — the parliamentary |icit in 1962-63 of $691,632,927
watch-dog of the public “puree | propriety of 50)
The transactions Mr. Hender- son questioned again included construction jects running far beyond original estimates.
He found an.unnared locally- | hired accountant in Canberra,
Commission On Windfall Could Have Heavy Impact
By KEN SMITH Press Business Editor TORONTO (CP) — A royal commission whose findings ould ‘have a powerful influ- @fte on an anticipated toughen- of Ontario's securities legis- starts public hearings
oe. aoe into the #aealled Affair, -
The commission, under the
Fistice Arthur Kelly of - the
Court of Appeal, has
teen amassing details of trans-
Seton in shares of Windfall
and Mines Lid.
" Tt was established last August
after. the” price of Windfall
rose as high as $5.60 in
July from 56 cents on rumors of
a rich copper strike in its prop-
near Timmins, then fell
$8.3 in 4 minutes July 31 after
fhe company said it had found RO commercial ore.
The public hearings, to be conducted in Toronto and Tim- mins, are expected to last at Hast. until the middle of April.
60 witnesses are to
oso far the commission's in-
Yestigating staff has compiled
i
‘what is believed to be the most ws MacMillan served for 21 $43,346 with
study of a stock's ) its ever undertaken in ‘ACKS MADE
“Premier Robarts of Ontario dias made it clear he believes commission's eventual re- iy ‘could be of great hetp in possible changes to
‘s present securities leg- . under attack in several for not being stringest
E Ai
| per - zine - silvér ore body 12
| miles north of Timmins... | Although other mining com- | panies received the most atten- i in the wild speculative flurry that followed—other in- |vestigations are . looking into |those—Windfall traded 1,641,000 shares that month fluctuating +ine-price. between 40- and cents a share.
REMAINED ACTIVE
In May and June Windfali remained fairly active trading 891,000 shares in the 52 to 72 cent range.
In July when the price took off as rumors spread for more than thre weeks a total of 133,469.25 shares were traded on jthe Toronto Stock Exchange ‘alone. 5 o
Windfall shares now are trad- ing at about M cents on the TSE.
Lending excitement te Windfall trading was the
jlan president of the company jand his Viola at one time a jlarge shareholder and one of {Canada’s best knows figures in mining circles.
years as head of the Prospec- ltors and Developers Associa- tion North America’s largest organization of mining men but 4 January.
Mr. J -Kelly 64 was
appointed to the appeal court in |
| 1960. The son of a justice of the Ontario Supreme Court he was called to the bar in 1923. He jalso served as president of the Canadian Baer Association in 1957-58.
"IRVING OIL _ SERVICE STATION HbA. fics Mevagoseest
eport
Australia, had misappropriated funds in the Canadian high com- mission over a per ¢ of four years amounting to $13,589. He estimated the tion costs at $12,000 and $7,053 was recovered
Commenting on the case. the auditor-general saic there was inadequate supervision of the accountant’s work in the mis-
sion, a lack of attention by mis- | sion officers to queries from Ot- |
tawa, and weakness in the ex- ternal affairs department's sys- tem of internal financial con- trol.
CHEAPER BY RAIL
The report found weaknesses still exist in defence department spending control. Five army servicemen trav ‘led singly from Calgary to Meaford, Ont., nd return, each using his pri- vate motor car and charging jthe government for the mileage. It would have been $‘*0 cheaper if they had travelled as a group by rail
| was stated’ in error
| town te replace Waiter O’Brien
| BRISTOL
week in this column it that’ Mrs Roddie O’Hanley, a former Bris- tol lady had suffered a oss in the Lambrose Building fire in the city where she had a tailor shop. Mrs. O'Hanley says she moved only a few days previ- ous to a new location just get- ting out in time. This was mis understood as meaning she had just got out of the building when the fire broke out
Last
Melvin Burns, has joined the abit of Holinan’sot-Charioties:-Innis drives her.own-car at that...
investiga. | said |
In the decade of the 1950s, 13}
destroyer-escort built 6r the navy on a cost-plus- ‘fivesper-cent-profit basis. UtTti- mately it was found the cost of some Components was $1.483,000 less than the estimate. The de- fence production department is trying to recover- the $74,000. in excess Prpfits from the seven shipyards.
An aircraft electronic naviga- tional device. originally costing
~ $9,000 and having an estimated
replacement cost of $15,000, was sent to an air force supply sec- tion for repai By error, it was declared surplus and sold by Crown Assets Disposal Corpora- tion with some other surplus material for $20
The works departfhent paid $190.500 to a firm of architects for plans for a new agriculture
the department headquarters build- | iIn- ing in Ottawa, and then revised | volvement of George MacMil-!the requirements of the build- |
ing. Final cost of architects plans was $618,513."
The transport department sent a coast guara vessel to dry \dock for refit on a contract for a contingency clause for up to $35,500 extra work if found warranted. The contingencies ran to $57,994 and additional work was ordered Final cost to-
costing $29,511. tailed $130,851.
IN MEMORIAM In“Loving Memory of “DAD” Chesley W. Buell Murray Harbour, P. E. 1. July -22, 1916 Feb. 19, 1963
“Absent from the body, Present with the Lerd.”
Ever remembered by Wife, Carrie and Family
vessels were
|
|
j } |
{
on the security staff while Mr * O'Brien. is off duty owing to an operation in the (Charlottetown Hospital One of the few left on ihe mai! route now in the ccuntry is Joe Sinnott who is still mak-
ing the reunds with a horse and
sleigh following his late father who was one of the first. mail drivers on the routes. Mr Sin- | nott uses hofsés most of the year
Looking back at the days when mai! routes were first started the late W.H ‘Ham) McEwen
was the first mail route driver on Bristol, RR, and tn winter he used a closed-in sieizh with a small stove for heating and in summer he had a proper mail wagon built for the business and closed in. But the heavily built wagon required two horses to pull, the load so it was aban doned. The one and only walk ing mail driver ever here was Lester McVarsh, a Bristol man known for his speedy walking He followed the route for some years winter and summer on foot and became known as the
Bristol walking mail driver | Retired now and residing in the city, Mr. McVarish can tell of some pretty dirty trips in win | ter months and clos? calls crossing the lake ice to shorten
the route into the harbor dis trict One of the old $10 hills was
shown last week by Reg Butler Thas bill is the old blanket style and the younger class has never seen the larze bill. Mr Butler said ‘No doubt it will be valuable sometime in the dis tant future after I am gone”
Bernadette Mcinnis, who is on the staff of the Charlottetown Hospital. has braved the ele. ments of the winter driving along with the men as she had been travelling from here to her work in the city all season with the exception of a few days. Some men won't even try this now in winter months. Miss Me-
Ope
CHARLOTTETOWN STORE
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Be sure to watch “Telestoge” on CFCY-T'V Fridays st 10:30 p.m. and “The Rogues”, Wednesday at 8 p.m.