Lethbridge Herald, The (Newspaper) - December 30, 1910, Lethbridge, Alberta
THE LETHBBIBGE DAILY HERALD Eriday, 30, HERALD Lethbridge Herald Publishing Co., Ltd., every evening at its office, Crabb Street, Lethbridge, Alberta, Canada Wi A. BUCHANAN, MANAGIKG DIBEOXOB AKD EDITOB tte'pbrtorlaf, Advertising CirculatJoR and Jcb. and DAILY SUBSCRIPTION RAfES 1 1 year, by mall 6 months, by fi months, delivered.....12.00 t months, delivered----. Addresses changed as ae desired, and old tddresses must be si S months, by maii .......S5o WEEKLY HERALD Published every 'Wednesday in eight or mere pages.'aadccoialas a summary s of the news ox the weeli, local and district. 1 year, in c 3 mentis, in advance ....50o months, in Crow Drug Book Store, J. G. Robert- son Co.. Johnston Jack- son, Alexandra Hotel. "Peo pies Drug Store. Co., R. W. Hamilton Pincher J. Mitcb.aH, D. L. McCrea. Bros. Drujt Book Co. Fernie, B. THE DAILY HERALD FOR SALE AT Cranbrook, 3, A Atchison. L. Grassy T.ugham. Diamond D'Arc's Drug Store. Medicine M. Nortbam Vancouver, B. .Wide News Co. Brows 219 4th St, Also on all C. P. R. trains. C. A. Magrath was elected as an in- dependent Conservative, but has been most persistent Conservative ever since and now chairman of the party caucus. That's the Independence that brings to its wic ory mouth- pieces of the country. "Save me from my Rob- ert Patterson, 51. P. P. may well ev- _ Tae Conservative .press is always in full accord "independence" that lines party. up with the Conservative Tne medical health officer of Ed- monton, in order to keep track of the cows that cave "been inspected nas ordered that each be adorned with an aluminum, tag on its ear. This has been found necessary owing to the frequent changes in the dairy herds supplying: milk to the city. A hundred men are at work on the Provincial jail. As soon as it is fin- ished there will be a like -number working in it. They will not be the same men. Two more school inspectors are to be appointed in the-province: It is not many years since two -inspectors covered the whole of Alberta. Now tnere will be about a dozen. There seems to be no dearth of municipal candidates in Maeleod. That shows a commendable, interest in the affairs of local government. banks and to prevent them from do- ing anything crooked. It is not nec- essary to say that it has lamentably tailed in doing this in half a dozen recent cases, including the Farmers' Take only one revelation in tbe case of the latter. It is now made public that notes were taken in pay- ment for the. stock of this bank, and that these'notes figured in the state- ments of the bank, both as capita', paid up and as current loans. If there had been government inspection, or independent audit, or any proper pub- licity of this one fact alone, the Far- mers' Bank would not have been al- lowed to "injure so many people as we fear will now be injured. It is curi- ous what motherly care the govern- ment takes of insurance companies ME FROM PATTERSON is 'excus- ed 'because he voted with a num ,'ber of liberals against tlie gov- That is a poor defence of .the independence of Robert Patterson especially when it is remembered that these all defended the A. MY FRIENDS" :The member for Lethbridge City while it takes none at all of banks, concerning whose condition there is nobody to warn the people. Irrigated Lands and Loans (Calgary Herald) A curious misapprehension by east- ern loan companies is that which has in the past made them unwilling to place mortgage loans on irrigated land In this province, the reason giv- en being that the value of such land has not been proven. A loan company will advance without question a con- siderable portion of the current mar- ket value of dry farming land, but the loan business in irrigated property has been comparatively small. The Lethbridge Boarc1 of Trade, with commendable enterprise, has Is- sued a circular giving information re- garding irrigated land in Southern Once more .the Herald would re- Alberta, for the guidance of loan com- mtEd Its readers of- the fund being: j panies in this respect. It points out collected for the Bellevae sufferers, that one reason for the small busl- A Happy and Pros- perous New Year Freeman Lethbridge Hotel Block acLeod Co. Phone 1212 was: not-' lined up same This is a.ver_v worthy cause and should be supported by. the practical sym- Liberals." .He broke away .from the pathy of the.people of a prosperous old .government on this very issue, 1 community. and. his course during the present ses- sion was entirely consistent with the attitude he. took at the previous ses- sion. On. the.other hand, Mr. Patter- G. W. deal, through 'thick and thin and son lined up with the A. G. W.-at- wottldh't' stand for Premier Sifton's j any-cost; LiBerals and in doing'so is .policy on that account. Tbe supported by-ten percent of the independent meni-ber for Macleod is put in a more ridiculous light by iis: journalistic defenders. electors of Hacleod, according to the Macleod'Advertiser, "which supported him so vigorously in the-campaign. SUPPORT OF THE SCHOOLS rpEE; SCHOOLS OF THE PRO- will this year -get a direct 'benefit pi the educational tar placed on land in the 'parts of the rust- are .not' organized school districts. That this land should bear its share of the taxation for .sbhobi purposes is recognized by the -people, although some of the compan- ies holding large areas of land ob- it when the tax first The tax- is not heavy but as there is a lot of land subjected .to it sum .total is no -small .amount. .This year there "will be some ninety tnousand dollars distributed among .eighty per cent of which will go to the ptrblic schools: The department, is having splendid suc- cess in keeping pace with the dems.nd for schools "in the newly settled parts' and- the people" in the districts also doing .well, in supporting their schools. As "each school instituted" is a benefit'to the whole province it is just that all parts of r.be province should assist in' the maintenance of the schools. This tax on land out- side of the organized districts "is an equitable way of accomplishing ihis object. From Other Sanctums THE REPORT OF AMERICAN BANKS resumed business, and in the other for the purpose of settling the bank's affairs. The two other receiverships were of banks heretofore placed in rriHE; COMPARISON- of the -_L systems of Canada and the 1. United' States has been for many years-a subject of debate- TvTiile the general opinion, is that the, Canadian system is much superior to that in the- United' States, the annual. report Ought to be Put In Directory; (Claresholm Review) The Review do'esn't.want to say any nasty things at Christinas but if the provincial telephone department could hear one half of the unkind tnings that were said by business men over the Calvary' list being left out of the directory they would not have a glad Christmas: 'Calgary' is the wnolesale centre of the province and Calgary 10 times- for "every once. tSey call anywhere else, and every place in the province is in the directory and Calgary 'is-left' oat. It, is., an .incpa- venience the business men do not ap- preciate and-if the department finds the book too bulky how would it do to leave "out all aorta of Calgary in tfle books distributed that city; and all south in the books dls- north. It -bet- ter than leaving" out the. biggest com- mercial city m the province. ness In loaning on irrigated land is that owners of this kind of land'are usually men in good financial stand- ing and do not needi loans. The cir- fcular also points out that grain grow- jing is probably the least profitable crop produced on Irrigated tuis .country. The growing of small .fruits ind vegetables has been im- xpensely profitable, while alfalfa, which gives three crops per season, is com- puted to net the owner of irrigated land per acre, gross. Altogether the Lethbridge board of trade has done good service in-, pub- lishing this information for the ben- efit of the loan companies of Canada. ______--------1 J voluntary liquidation. In orte instance i it was deemed advisable to appoint) a receiver for the purpose of enforc- Is New England Drying Up? (Chicago Tribune) We have been in the habit of think- ing of Irrigation only in connection of the-secretary ef the treasury of a certain liability of the directors shows" that their banks forestall the appointment of a re- in a fairly solid condition. The by the 'state court: and in the port for the year ending June 30, 1910 has recently .been issued. According the: report charters were 'issued, during the fiscal year to 337 national banking associations, authorized capitel of and included IP the number_ were 69 con- versions of state 65 reorg-anl- .zations of state and private 'banks, aid 203 associations of primary or- other a receiver was appointed to en- force the stock liability by reason of the existence of an unsatisfied judge- ment. On March 14, 1900, there were in with the arid west. The coming years make It necessary for Xew Sng- land. Toe rainfall in that the country is decreasing. 1SOQ the annual .average was inches. That met amply the The Inference Mrs. husband has been just lovely to me all day. j Mrs. 'What was- it you caught him Candid Candidate said' the" candidate, "I ain am 11" shouted. a voice. said the candidate suavely, "but you are not all 'there." A Sood Servant Lord MInto. viceroy of India, said Without Interest and Without Taxes PFR IOT I For full 'information, call or address P. O. Box 1979 Suite 115 Sherlock Building 1291 and as it forseen that a sim- recently that, nothing could; surpass iiar situation .would take place every in delicacy the reply made to him'by! night, the piece was withdrawn from one of his servants. "Well, what kind i the repertory. part oi of sport has distinguished Before he asked the man--who attended' de- an. American visitor. "Oh, replied the scrupulously polite Hindu, "the'young inanas of the farmers and the city fsaaib shot divinely, providence folks. But for the; last ten years the average rainfall has only been 42.5 inches. Tear before last was the dryest within tbe memory of the pld- acttve operation 3617 national banks jeg' tolia-Ditaiits, and the total precip- and Ixoni that date to July 1 1910, 4539 associations, with capital of were authorized to begin bus- lsation een onlv year snow included has The situation s very merciful to the birds." Easily Upset Arriving at a small 'Canadian sta- tion where a number of cowboys had SHOWING OF THE UNION BANK An analysis, of the 46th annual state ment of .the Union Bank 01 Canada snows a very -satisfactory condition oi affairs., The year :has been an un- the bank-show an increase of f 000 over the figures for the previous year. The bank is particularly strong in cash reserves, which amount to. near- ly 13 per -cent of the total liabilities. exceptionally successful one as far as The assets immediately available a- r-xaeerne'u During the mount to nearly or 37 athered after the regular round-up tllls bank voung tenderfoot asked permission! year bank 14 per cent on j per cent of the to a WMc, palW capital, tocreasod lu -ns Relative Importance ed to A cowboy present. cauital stock from to fee is outrageous.; "Why, said the-owner, andj Why its more than three-fourths of what I have recovered. furnished tie skill and ganlzation. In the same -period 125 -banks were closed, of which 120 were placed in voluntary liquidation for the Ol purpose of reorganizing or transfer- is so serious that the officials of at i the legal learning for your -case. During this epriod, and under Qne city baTe b8eri Compelled to I furnished -the case. :ust not take They must forego helped the young fellow to mount. It wasn't long, however, before the Issuing the -S800.000 at over indicatin bank is doing its share in catering tc the business needs of the country. 1 premium of 45 per cent It also in- i During the' year 34 branches of t pony started to buck, and the tender- creased its dividend from _ tliere is room and rain enough in Illinois primary organizations. On Jime 30, 1S10. there were in ex- istence national banlricg associa- tions, with authorized capital of During the "life of the system.456 banks were organized un- der the act of 1863, -undar the act of 1864, 10 under the act of 1870 and the remaining 2907 under the act of 1900, making banks chartered under these various acts. Including with the 515 banks for receivers were appointed the number subsequently restored to sol- vency and permitted to resume bus- iness or liquidate, receiverships equal 5.2 per cent of tbe total number of national, banks chartered. The per- centage of voluntary liquidations .is for the New E-nslanders. Let them come, bringing with them their indus- tries, but leaving their'ultra protec- tive notions behind them. The Bank Inspection Needed (Montreal Witness was the pioneer demanding either government Inspec- tion or independent audit of banks. It is entered Into this campaign be- cause It took prids in our splendid banking system and because it wish- ed that system to -be rid of all its obvious defects'. We strongly urged on the Minister of Finance the nec- essity of amending ths Bank Act, so tnat independent inspection should 21.8 and fixe banks !n active operation Jbe aut0matlc, and so that directors represent 73.1 per cent, of the total} bs responsible for the docu- number chartered. OUR POINT OF VIEW i the number of" 3ivorces obtained, It An Ontario lawyer advocates es- shouM not be done. Canada does not tabllshing a -divorce court la efccb pro- Tiace, It doing so will siafce dlvor- ,ices easier to obtala.and .tlrae increase ing state want 'way divorce epidemic as been ia the Usited States toy hav- ments they signed. The Canadian Bankers' Association was short-sight- ed enough to bitterly oppose cur pub- licity campaign in which we were join- ed by Mr. Mcleod of the Bank ci Nova Scotia, and to assert that It was quite competent to oversee the chartered I want "to Interior of utensils so that they cani I know- suh. but dey ve got to hab be Cashed thoroughly by holding them j It's almos' eight vapor of alchol. de sheets anyhow, o'clock an' dey's watin' fo' de table- Ridiculing a Play The expressive art of hissing down a play, now permitted by the French autbouaes, was strictly forbidden in in the middle of the 17th cen- tury, and In every theatre there were a number of "Gardes Francalses" un- der strict orders to arrest any person who infringed the law, says the Youth's Companion. But the French are not put down .by silly regulations and whenever they see an opportunity they attack the authorities with that fearful weapon, Under the new ruling in Ceylon, -f opium may be imported only by the j government and dispensed under the supervision of the civil-medical stores, i i i In a, case ar, Westminster county court, a doctor said that! drowsiness in church was caused by-i the continual off of carbon-; Ic acid gas. People soon recovered! when they got out in the open air' he declared. On the breakfast the sick for making: salads, puddings and other 'des- a bite between meals, in the liinch Box there is no fruit equal to the famous California S u n.k i s t" Orange. Being tree- In India tea nands were paid frcmj B to 20 cents a day, women and child-j rsn very much less than men. They] utmost skill and Snnkist Oraches are tfcia- kist Wrapper. the month. _ _ Thousands of families fairly melt in will have none but SwiHst Oranges After fibeness-seemess. .fl.y 3 bavc trfed them on ft wiU wia acre is please mate the trial todny. Your In this case such an op-! live Is improvised huts made of bam- portualty came at the Comedie fcoo and matting, with tiled or that- during the performance of ched roofs. a play fey the insipid Marmcstel. truly raagc coses ia 3. Stin- vou. stare the Wrappers. It was a badly written, dull work In view of the coming extinction of the opium trade with China' which and the people were waiting for a comes to an end in 1917 .a number chases to give vent to their opinion.; of Indian officials in the opium de- At last the chance canie.. The man- partrasst been transferred to the sgement had ordered a mechanical asp police and no more are being engag. for the groat scene in the final .act, when Cleopatra puts an end to her lire. The actress raised the asp which started hissing whereupon a spectator rose -co bis feet and cried: asp is quite right. We .all share his op- inion." Roars oi laughter greeted the Within two years there has been so great an Increase in frozen meat ex- ports from Australia and New Zeal- ana that sometimes there is a glut In the London market, during which tho imported iamb la alatoiT; unsal- able.