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Lethbridge Herald Newspaper Archives

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Lethbridge Daily Herald (Newspaper) - January 17, 1918, Lethbridge, Alberta THURSDAY, JANUARY 17, IMS THE LETHBRIDflR DAILY IIRRALD iHKuoB, other than thoso of tho Dominion government, are naturally very aumll. As usual wo supply the following details from tho annual estimate of tho Dominion Securities Corporation:- far produced 1h 1!) millions. War Purchases The purchases made under the ait-thoritv of t.ho Wuf Purchasing Com-miSBloii for account of tho Department, of Mllltla, of tho Department of Jua- Securities Total Sold In Canada Government............$093,420.27!) %551,180 279 Municipal............. 25.?19,103 1!),:!87,738 Railway.............' 22 r.(i(i,fl6li 200,000 Public Service Corporation. 15,-125,000 1,825,000 Miscellaneous........... 1G 1 10,800 8.S70.800 Total ........$772,741, S4S $580,UC:!,817 In United States $142,240,000 fi,831,36ri 17,500 000 13,(100 000 7,740,000 $130,911,305 In Great Britain $4,866,066 $4,866,66(1 7,16,1,000 768,000 2,212,000 .' That 580 millions of securities could be Placed in Canada in one year, in addition to the aid given hy the banks to the manufacture- of munitions, is very surprising, but we must remember that it was still necessary to obtain 190 millions from outside during tho year and that not only are these avenues now odmplotely closed, but if we hope to continue the making of all kinds of war products as actively as heretofore, we must, find at home much larger sums in 1918 than in 1917 for investment in war securities, liven If the sale of the relative securities were possible, all expenditures, except for the war, milst bo restrained, and this is abundant reason tor thn recent order-in-councll under which new issues in Canada of the securities of any province, colonial or foreign government, municipality, corporation or incorporated company may bo sold only with tho approval of the Minister of Finance. Clearing House Records The totals of the twenty-five clearing houses reflect the increased volume of almost all products and the higher prices prevailing. In every clocring house (hero Is an increase as comp-tred with 1916. The total amonn's to If 1? 554 201 000 as compared with $10.557 000 000. for tho previous year, a growth of 18.92 per cent. Tho total forthe eight clearing houses in existence in 1901 was $1.871001.000 no that In si-teen yenrs the figures have grown 571 per cent. Wo also subjoin as usual the building permits of the four chief cities of Canada for 1913. the year previous to tho outbreak of war, for 1916, and for the year ju3t ended:- 1913 1916 1917 Montreal. $27,032,000 $5,331,000 $4,387,000 Toronto .. . 27.038,000 9,882,000 Vancouv- ver ... 10,423,000 2,412,000 "Winnipeg .. 18.621 000' 2.507 000 War Supplies We have found It rather more difficult than usual to obtain statistics regarding the quantity and the value of the various kinds pf-- war supplies made In Canada, but as heretofore such figures as we are able to give are highly illustrative of the importance of this work, both as a part of our contribution to the war and as the main basis of our prosperity at the moment. There is a reduction in the output of many kinds of shells, fuses and cartridge cases, as purchases are being restricted to certain sizes. On the other hand, however, there is an important development in the building of steel and wooden ships and of aeroplane engines, and also of aeroplanes of a certain type. With these exceptions there is a large decrease in purchases by Great Britain due doubtless to tho Innlibitv of Canada to grant the noeessiry credits, it Is therefore most gratifying to know that the Chairman of the Imperial Munitions Board has made arrangements with the Ordnance Department of the United States to use. unfil next, midsummer, i-ttch surplus facilities evisting here, for the production of.munitions as will help to meet tho requirements of that country. ' 5"0 Munition Factories Canada is producing gun ammunition, including propellants. high explosive"!, fuses and cartridge cases in 550 factories situated from St. John In the east to Victoria in the west. In addition to contracts given to private corporations, the Imperial Munitions Board has developed government factories for the loading of fuses, for the production of powder and high explosives, for the manufacture of sulphuric and nitric acids and acetone and of steel and forgings, and for tho construction of aeroplanes. On those plants the. sum of $13 500.000 has been expended for account for the Imperial Government. The Hoard b^is also contracted for tho building of a' large number of the latest typo, of high-power aeroplane engines for the use of fighting planes at the front. This engine represents the highest type of workmanship of any engine that has been produced, anil we may well bo proud that such a young and inexperinced country as Canada is able to undertake the work. Ship Building Kvcn more important from the industrial point of view is the fact that thorn are now under contract in Can-ad:! for the Imperial and tho Norwegian Governments, steel and wooden ships aggregating in values over $90,-000 000. Up to December, forty-four steel and forty-six wooden steamships have been ordered. The steel ships range from 1,800 to 8,800 tons deadweight, with a total carrying capacity of 21B.600 tons, and the wooden ships hove, an individual carrying capacity of 2,.ri00 tons dead weight, with a total of 115,000 tons. In addition to this twenty-two steel vessels, of 3.500 tons dead-weight capacity each, have been ordered on Norwegian account, a total of 77 000 tons. This makes a grand total of one hundred and twelve ships' with 405,600 tons capacity. The steel ships are being built nt NewXJIasgow, Montreal, Toronto, Wolland, Midland, Collingwood. Port Arthur, Vancouver, North Vancouver. The wooden ships urn hetni built nt Liverpool, St. John, Isle of Orleans, Cote St. Paul. Quebec. Three Rivers Toronto. Fort William. Coquitlam , New Westminster. Vancouver, North Vancouver and Victoria. Munition Metals / As a conso"iioneo of the work of Ihe Impori-il Munitions Board, C'lindn Is for the first time producing refined dpe'ter fzinc) ,'p v-'u" of (Ni colors t'"is placed hy. the Board ccee-ls $1010 000.000 and thn .nolu'il '"sIhi-mr-re en Is to date are almost $800 000 000. The number of complete shells thus lice for Interned aliens, nntl of the Department of the Naval Service have been smaller as a whole than last year, although the purchases for tho last mentioned department have been larger owing to the increase in naval work in Halifax. We have been , able to secure some interesting fig-j uros covering a part of the activities i of the varlouB departments. They anas follows: Department of Militia: Arsenals, supplies for manufacture of ammunition, etc............$1,500,000 Clothing ................ 5,000,000 Dental Supplies ........ 120,000 Fish for C.E.F. In England 300,000 Mechanical Transport Supplies .............. 300.000 Medical Supplies........ 500,000 Provisions, including food, fuel and forage ...... 7,500,000 Hallway Construction Equipment........... 2,70,000 Stoves and Miscellaneous 500,000 possibility. The harvests have not  at, Itsast three elements which must bn I)' en plentiful and the danger is as | present. In our leaders of industry wolivj to lessen the. efforts of do producers tVe price will ect'i'iilv l.o niMch p.Mi..,, ii".-t year th-vi it is 'n v-.;!- n-1 v^'l to do nee-ilc ~ r,lnn:''ng in line for their fool supplies ch'l 'hey. al 'east are learnttuj that the talk of famine is. not a story to frighten children with, hut n terrible 0 produce to the last ounce, but how can we make our city people save food, remembering (hat every ounce .-lived will provide food elsewhere for thoso who without it must starvo' High Cost of Living We arc living in a I Inns of social unrest affecting greater-areas of disturbance than the world has ever known. Wo are experiencing this unrest at a time of which ft may ho said, that those who live in our part of the world were never so easily able to obtain employment suited to their varied capacities, never so highly paid, so far as those are concerned who aid in tho production of goods for sale, never so prosperous, using the. word In a material sense. The nrlce of everything, however, was almost never so high, and the purchas 'ng power of the dollar has declined so much and so rapidly that people with a more or less fixed income suffer keenly, while those who earn more money than they could have conceived possible a few years ago, are disappointed and apparently surprised to find that everything else has adranc ed in price in proportion to their high wages. Out of this .'turmoil has come a bitterness towards all who, hy �ny stretch of fancy, can be held responsible for existing conditions, n bitterness often without any real basis, and which Is accompanied by explosions of wrath directed al what ever happens to be tho nearest objoc' of criticism, but, If continued, and Tept at fever boat as it. has been of 'ate, promises ill for our country af(er 'he war. I am aware that I shall b-Mtnished, hut apparently we are com M(lining because dealers, in lmyinr >ora producers, did'not combine to 'nwer prices or to'keep them down The needs of the war are. however, so great that no combination can contra' nrices either In one .way or the o.ther The Ruling Motive At the present moment the world "�ovides wealth, and also material omfort. on a scale so vast, when cornered with conditions a century ago hat surely no one will deny that tho �nergy and the laws which have made his possible have been as_a whole of normous benefit to humanity. Yet this improvement in conditions is �reated by an appeal to the self-inter-st which exist3 in -us all. To produce *he best that we are able and to sell it 'or tho highest price we can get. Is -hat we are trying to do, whether our product he a day's work, a bushel of wheat, a plough, an intellectual or an administrative service of some kind tc society, or a creation in the fine irts. Thorse who can honestly say they T.re not so moved are either tho idle r!ch. who are'always a problem or are 'oo exceptional to affect the world as 1 whole. What is surely necessary is not to restrict the production of lab's r or merchandise at a profit, because -learly that is the impetus to industry hut to see that this industry and ability are guided into channels which am beneficial to the community and not iiirtful. Distribution of Wealth That, the free exercise of industry and ability in accordance with the laws of the country and with the best existing standards of character, will �;n..'.blc rj;:o m?.n to neenrpp vorv rich and another to earn only enough to support his family, is a fact for which nature Is mainly responsible, and for which the ingenuity of man has not thus far found a remedy. If society hy its laws should choose to limit tho amount of wealth which any one mav accumulate, let us wait until it has done so before passing judgment, and when wo undertake to exnress our opinion of the character of those who possess great wealth, let us judge them by the use-they are making of it, by tho extent to whi-h they regard it as a trust which casno to them only because they were In some things anlc-t.han their follows, and as a mean.:-' through which they may leave the world the better because of their existence. Many rich men do not come up to this standard, and hy inheritance tuxes we are gradually adjusting matters', but in North America there are so many instances of good service rendered to the State by wealthy citizens that one wonders if we should not he greatly the loUrs by any new condition which would hamper Individuality and, in so doing, perhaps destroy the main factors which separate our twentieth century comfort from the miseries of the middle ages. In contending for a more rational consideration of Ihe relations between tho consumer and the producer, we have no intention of claiming that con ditlons are satisfactory, nor are we expressing an opinion regarding the relations of employers and employed and certainly we hold no brief for either side. 'A great bank is vitally concerned with what will conduce to that means the greatest amount of well-being on the part of its citizens. Conditions After the War We have to face now and prohahly very difficult conditions after the war. 'f wo are filled v'th animosity and '(�.trust 'n out att"mpts to adjust our �Mffoi'iMi'-es' the result v.-ti] be a sorry ! Tje; if on the other hand, with the j n-nov'oiK'o Bhall gain in many .-,V;i hy the war. we co-ordinate the i 'orens of indus'trv wo possess so as ; |, r>rp��nt a unite* and efficient front. i"o ni"v hone to pi'ov iy tho ful'est 'crofi Ihe peace pml libertv for which our hoys are ficrhting. together with greater prosperity than we have ever known. To accomplish this there are tloiiR. Only the profits made and tho exporience gained during the war can rendoV.thln possible. We must have technical knowledge of how to solve every difficulty, physical, chemical, or whatever it may bo, that confronts the manufacturer, and some steps are being taken towards that end. More, however, than anything else, we must have such relations between the employer t'.nd the employed as will cause the employed to do heartily each day a full measure of his best work. The last is the greatest difficulty to bo overcome, and tho clement about which there is unfortunately most doubt. This is said with no intention whatever of apportioning blame. One would suppose (hut (here must he faults on both sides. Tho fact remains that if we are to compete successfully with other nations wo must recover the older condition when men were proud of the shop (hoy worked in ind of its product. It may only be a material question, but it may be. a psychological one. Have employers and em-nloyed struggled with each other unfit the only natural feeling is anti-tsstthy, or can each bo made to feel hat he Is so necessary to the other '.hat not to work together at their ''est a follv. apart from the economic crime involved? The Monthly Letter In the President's address, until a 'ew years ago an attempt was made 'o cover In more or loss detail the in-'ustrlal position of Canada and of uch other areas as through our 'viiehes, we may he connected, with "his is now done mich more sallsfac*-'�ily in the Beview of Business Com!' �'ins .written hy loading officers of >ie hank, and this makes it unnece' "ry for me to doM w'th the flnfncfn' nd other .conditions in Great Britalr-nd the United Sctos arising out of 'e wqr and In whi-h Canada, is so 'eeplv interested. For the last two oars we have also lioon publishing a '(oithly Letter, the importance of 'hHi ' is now wi'hdv recognized. In 't tho current st^'Mics of financ Mid trade are published, and In add' 'en to notes on viih'ects of interest here were in 1.917 rti-grams coverln" he m'neral m-oduoticn "f Canada, th'' --"n'ngs of Canadian rif'ways. f-e'"'1' ffie. through the nnil� at Sault Pto '(avle. agricultural and Industrial pro 'ction and wood for pulrs exriorto'1 nd manufactured. I'.'o hope that, those ninng our shareho'dors and custom -s who are suffl"|cn'lv interested wi!1 and these pubHcnti""s. Personal Thrift We have been to'd 'hat we shoni'' nve reoney. not. for our own benefit o much as heenuse wc should not end on unnecessary things the noney needed to carT on the war 't is even more necessary that wo 'hould eat less, ngv'n not so much '�ecause we need to save for ourselves Nit because if wo do not eat less thers across the sea must go hungry rf we have men, money and food >w" '-boll win. If we fail in any of these ve may lose. Individual tests. parHeti 'irly in hotels and restaurants, show that very large savings can be made wherever the effort is directed to that lnd, but the difficulty is to make advice, or, even the regulations of the Food Cont'olier. effective in a country which produces food largely in excess of Its' own requirements and wher-^economy in the use of food is though; to be evidence of a mean and sordid disposition. It is not. however, enough that we should eat less but that we should as far as possible replace some a.rticles of food especially white bread -nd bacon, with others. There is n patisfectory increase in the use of rish, but only a Bmall fraction of *sur people are regarding in anv 'egree to the call to economize. Eng-'nnd has reduced the supply of sugar per capita per annum from 93 pounds *o 26. Our normal supply is 90 pounds and we are not reducing it yet. Work-'ng in harmony with the United States an order-in-councll has been passed prohibiting the export, except to places within tho empire of food and elative commodities, unless a license has been obtained. � Food Conservation The Food Controller is bringinr.' mder license the milling nnd packing ndustries, and is controlling the re Ining and distribution of sugar The "eenso svstem will also be applied l.o "'Vh. fruit. Vegetables, groceries, package cereals, milk, etc. In our London Manager's Review of Business Conditions the following deeply significant virds .will be found:-- "Too much importance cannot he "attached to the stepB that may he "taken in the United States and "Canada towards conserving foodstuffs, with a view to incretislng "the amount available for exnorf to "the Allies. The shortage of food, "with which all the belligerents are "confronted, and the difficulty of "increasing production, owing to Ihe "lack of available man-power, may "hasten, or even prove the dominating factor, in bringing about a cessation of hostilities." He means, of course, that such a shortage may prevent us from continuing the war until we can end it on our own terms. Do you wonder therefore that we return so often to this subject? Difficult as the problem may be. we must produce more, and we must eat less, otherwise some of those who are dearest to us across the sea must starve and we may lose our chance of dictating a peace, the nature of which shall be a guarantee that our children shall not have to fight again for those liberties which are, now In jeopardy. (l-Yon-i Our Own ('ei-j-espoinlt-n! i Magrath, Jan. 16.--Magr the effect that such a price had been determined. He added: "There is a supply o.r 'even million bushels of potatoes ii Canada and about 100,000,000 bushel n the United S'ates and the sign;' point to cheaper prices. I would ad vise tho people to get. rid of the'i tolatoes as soon as possible or the; vill find f.hoy cannot sell, them later sii by the time the new crop arrives.' FINLAND INDEPENDENCE Berne, Jan. 17.-The Swi:>s govern nent has acknowledged formally tin ovreignty and independence of F.u land. (From Our Own Correspondent) Macleod,! Jan. 15.-The elections in the six municipalities of Macleod were for 1918 all by acclamation except No. 6, Pearce, where a contest was held, and Mr.'Fred, Wood was elected over Mr. Stewart, it was a closa election, Mr. Wood having only a few votes over his opponent, Mr. Stewart. Mr. Stewart lias held the position since the municipality was formed, has worked hard for the district, and so is entitled to a rest, which he will no doubt appreciate. In No. 5, Harry Bright retains his seat without opposition. He is also chairman of the board In No. i, R. McNabb still occupies the seal, while T. Johnson con-t'nucs Iii No. 3. George Robinson ia the man in No. 2, and E. Murphy represents the people in No, 1. As the government intends spending the money received from the Motor Car License on roads, these men should bo kept busy during the coming season. The special week of prayer last week, was observed by the churches with good attendance, followed by special attendance at all churches on Sunday, Jan. 13th. , During the chinook, the ice in the river was broken up and carried out, but it has again frozen over much to the delight of the skaters and ice harvesters. Rev. J. A. Dyer, who was called east on account of his mother's death, returned home on Friday morning. C. H. Miler, farmer, who with his family have been spending the winter in Vancouver, B. C, returned home Saturday, they leave this week for Owen Sound, Ontario, for a few weeks vis.t with friends. W. C. Branen of Pearce, with his family, left for California to spend the winter. �C. Grier with Sirs. Grior left for i tho Pacific coast for a few weeks. Contracts for farm houses and homes are being let for the coming season, "'' --:-_ j FOUND A BOMB. - .ie�. An Atlantic Port, Jan. 16.-A m< any 'ube resembling a bomb was fc8"'*? oday beside the drydock in the �,e ai\ yard. Tho supposed bomb was a six inches long, wound with a  nd wire and had a fuse atta��nhtf Written on it in German, 0ff,jver. said, wore the words: "This ls^,( second explosive bomb." The off 'eclined to bo more specific reji ing the character of the missle- 68 ;