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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 25, 1920, Lethbridge, Alberta PAGE TEN THE LliTHUmiX'.K DAILY 11KRALD FRIDAY, JUNE 25, 1920 MIL GET ;it lhr represented al ihtfco eonteroncefc tvcr ihe repudiation of tfccir it was paid. The Utssury statement rca? given in respouse to iuqutiy ES to wheih- tr there had aay discussion of the suggestion that tlio and to Hrllalu shouM hi? WELLS FAILS to REGAIN THE CHAMPIONSHIP Continued Page-) Colony Has Purchased Acres in. Mississippi for ah Acre Representatives Complete .Sale Arrangements at Regina. REGIKA. June will leave their in the Swifl fur-, rout dlstru-'f'sorro time in July, ac- cording lo 3 statement made to lUe Canadian In- J. K. for the cc-loay. Mr. .1. J and John were In JUgHia'for two. dpys .completing .flnul arrange- ments" for the sale of the great" tract of land that has been Tanned oh a bam's for many years. The Flood Land CotuiKiuy heny hold tlic op- tion aod It is understood that the salo is practically completed. deal. Involves including the ercp. In an interview yesterday Mr. Frie- sen said that Ihe Mennouites purchased 123.0C-0 acres iit Missis- sippi at no acre. "Wo will get away nexi lie, "and the' advance party will eiart pullfcg up buUdiogs as quickly HF they can. Tiicrc U no tloubt ho sale is through. Mr, Flood iviU minic ttr proper Ihe crop In the acrts busy now waived detl to 1( I -jUcl lAatcs was sury to issue uu fotmil mueh'lhat is irregular and ci'tible to inqutry, bin. with, ihe tdlate rettretnent of M the coni- >toners, tbo board (isHUs il HPCCS- report. in crisp have about i the ar Mr. Krieseh wns cot'iiH'lincd to wlikli ihcy will j enter ihe iiew country. Beypiid (Tie that capitalists are the deal, nothiiig could bo learned ns to tho IdPiitiiy of ihi; purchasers. The en- tire purchase price is to te paid vmhin 60 days nfter.July 1, when iho initial psymect is UUP. NO 13KITI3U DECISION' ON TKKATY LONDON. Juno Premier Moytl ticorge was in the pf yesf.rJiy whflher tho; would the tno Aiiglu-JiuirmeAj treaty not be reucwed until the }irltteh gov-j had tim-: to ot tho government which j come into power Su the Cinlcd next he replied that the British govcrninent was of that leeling. but i-oul'd make no. on the treatv situation alj the present time, lie tald, however, that there had beou.uo dtk'ision what- ever with respect to renewing or al- lowing the treaty automatically to re- main in force tor a year as iho docu- ment provides. O _ ts'.i '7ho report suggests ibut Dominion and_provincial enact 'hat particular industries op standard bookkeeping systems aii'J chur- tered aecouutants Vo t-ntiTrc thf stand- iml. Kouie ditttctiltv Lu-on "wit'eii, but tho board iit pospessijn ol tisures stion-lug eiavtly what pro- fits uiusl cf tho text lit1 I'i'.rt's have mado in the last 10 dome yi tiic figures arc illuminating, Stress is laid cu the tisvpcatiitnliza- tiou of-foiue ot tho cotioii vouiiianies. 11ion oi-fotne ol tno cotiou vouiiiaines. 10 rets inuuutacturiug prof it a of fur- taiji of the .eoDipanit'-s have, during some ol the years of tlic1 run as high as double, and tnoro than double those of prC'ivar'year-5. One corpora- lien Is shown lo made profits No Proposal To Deal Wilh i Allied Debt to U.S1 Adopted Juua Brltlalj'- treasury yesterday "ruithor-' lied Ihe stftteiiicnl that no p'roiujsi- j iion tor dealing with allied indebted- ness to 'he United States was dis-; cussed cither at the Hythe or Bou-; logne eonterences. Neither have anyi WAS A SMOOTH OWE HALIFAX, June C. Cough- don, an Australian. Tv'ho posed as an aviator, duped Halifax-foudy and from private people anil Hcury.Blrks-snd Company, was this murntag renlcnced In thi- police court to two years In the Dor- chestc-r penitentiary. Coughrfon dis- appeared'from HalUax after the lhefls and was arrested In Montreal. Pun yumiiituis tom inis uj.iia tu.ic.-ni. ilaleiucixt, iudicates errn higher pro- fits forJlie curreot year. maWns its tiles during a great Another group oi companies, which port, las uiacju lijj-gc eaiufngs or! "wlmsliies" !u COUCH futures. The ro-; Itirns of this company ure so untiiis-l .'ftctpry. Ilial If tUo instiiuted invcsll-j SOttoa Is to proceed It would bo nccos-j sary to examine (hi officers personal-' under oath yud lo make ari extens- iro eiamEaatlun ot (he lioblcs o( IhV i-onipauy, Jbc1 -rcporl' suggests. It! ndds that where cotfcianios'rlal'ni lol bavc made "winnings" In cotton (u- lures the expenses of tho the conduct o( which .nialirs the wln-l ulcgs feasible, ought not' to bc-charg.l cd entirely upou the manufacturing operations. oFipssed of the beco.'snry Cgnrrs. the board states that It Ins worked out j tho profits of cotton companies during the past ten years; first upon gross' tales, .second upou capital stoci, and! third upon Investment (capital stock plus Tho. figures are those of the companies examined. "When averaged1 over a period of years some ot tbo earnings appear almost miu. ute, says the report, while others average from 10 per cent, to over 30 per cent, per annum on common stock throrjrSoat tho eight-year period, 1912 11 1919. board considers Uiat. having disclosed that tho profits ot these companies have teen Creator during tho war period than -previously, and haviaK disclosed average profits overt periods Including pre-war as well as I war years, It has established Us pros-' ent purpose, to show that grounds exist .for further proceedlngc wllh this Inquiry and with action resulling In benefit to Ihe public, the report con- cludes. Ilombardier Hilly Wells failed to resaiu the heavyweight chiuiinlonshlp nl Great Brlialu at the Olymjiia, May 10th. when Joo Beckett knocked him out in tlic third it was a thrilling contest; and right up to tho tiins that Beckett knocked out Wells with a right to the chin it was anybody's llgliL 322 Fifth Street South Alberta Block Phone 144 WE CASH MiNERS' CHEQUES THE GREAT CLOTHIERS OF THE GREAT WEST WE CASH MINERS' CHEQUES This offering the great- est values in Men's'Clothing that have been shown in season Men's Underwear We have the most complete assortment of Men's and Boys' Summer Underwear in the city. If you haven't been able to get what you want COME TO US. Athletic Forsyth, Unionist, Porous Knit, all weights. Stanheld's unshrinkable wool and silk and wool. We have them all. 20 different lines and makes to choose from. 2rpiece Balbriggan Special. Worth up to suit. All sizes. Balbriggan Combination Special. Worth up to a suit. Sizes 40 to 44.......... Men's Wool Combinations Special, worth up to a suit. All sizes. .....___'. Men's Bathing Suits One-piece, full skirt, navy with cardinal trim- mings, 34 to Brown with orange trimmings, a little better grade, 34 lo BATH TOWELS, per pair............. 35c Men's full-sized Union-made blue and blue stripe at the old price Men's 2-Piece and 3-Piece Suits These values. Many being all pure wool, bought before the sharp rise in clothing, and are worth up U> in present day values. 20 lines'ito-choose from. All sizes. Youths' .and Men's, 32 to 44. Men's 3-Piece Suits in iat Pure Wool and American'Worsteds. Bought before the sharp rise in clothing, and are worth up to in present day values. 20 lines to chopse from. Alt sizes. Youth's and 32 to 44. A good suit for a medium price, White Duck Pants White Flannels.........'........S7.00 StiipedRannels Men's Canvas Shoes Leather Soles in Tan and White. Shoes and Rubber Black and While. Oxfords................. Shoes and Men's tligh Class Suits Below the Luxury Tax We have sold more high grade suits since the Luxury Tax went into effect than we have in any like period since we've heen in business. We claim lo have ihe (incsl showing of suits af this price in Alberta. We still have 44 lines lo choose from in dornes- tic and imported woollens, boughf before the sharp rise in clothing, up lo al present day values. All sizes. Youths' and Men's, 32 Ihcse include the famous Art Clothes. _. v _ Worth to 44. Colton Lisle Thread at Less Than Manufactur- ers' Prices. 4 pair for........................ 2 pair for.........................75c Arrow and Forsyth Shirts and Collars in all cizes and patterns, ;