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Lethbridge Herald Newspaper Archives

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Lethbridge Daily Herald (Newspaper) - June 27, 1913, Lethbridge, Alberta 4 THE IIRRAUI PrUln.v, '27, IP13 LETHBRIDGE DAILY HERALD ESTABLISHED DECEMBER 1W it In S Sum, W. A PHONE- Ei A--.3 I 1 -2 2 4 O T. W. Ed TORRANC6 PHONE: I 2 J 2 OJklLY SUBSCRIPTION RATES 1 yev W 1 JrU. by In Hie IMYM-UI of llu" litli'r- i tin- only juivfrnuu-iit HVMU-I! in I'unml.i, j 1'ivn a nnt iKi-iuiuh any I.MiH of ttu1 lint IM> ;u--j count uf llio iippUf.ilioii nf poliliiMl p.itrotuii'v' in llw iliivctioii nf I Ihi- r.Uhviiy. tiinciniuciU njionUion to nnisl In- ooiuiiiolod liusinrss liiu-s, mul outiivly mnut from (.wlilu-iil Unlu.'iK'f of ;iny cliav-u-tor. In ;il inoM'ul. tin1 Inti-i-- colonial ln-cn list- jncv of pulilu-inns UM-I! it lo .supply.1 jobs for pavlv uivoriU's. UiMiich Inn1-1- Imve bi'cn liuill in many i inslaiu'es lo polilio.iV ruiU sok'ly, ami lo cioale piotil- alilo business for tin- r.iilroail. eU'nu'iits in Cou.ul.i llu- ownership ami will puiut to till1 Ink'rciiloiiial Ilif Imiulik' txampU'. However boliovi' tho in.ijovity of would an cxU'iisinn of the luU'rcoUuihil to living il lo tlu1 of llio PiK-ilW. With sm-li a ro.ul wouM li-ivi- i-ontiMl Of freight rales and tlic relief of oilier Krievaik-es vail-} road corporations of the country in our Imuds. i Harking back to the minor aforesaid U-l s-.iy ('..unula be better oil if it owned the I'.. X. U. It would us the doxircil route to the 1'acinV and the money which we hnvi- been presenting lo this nhcady il for tin.- peojile. i The C. N. R. In en aidtd by pi incial ami! frdetnl. will) land grunts, subsidies ami Millident'. :.hnost lo cuuslructi'il a guvornmi'iit owned ronil lo llu-i I'adfic. have IKOD (jivinj; In the N. IV. ;i-ai in :uul out.1 'and many of h.ive Hie in one v .u'luully vvenl 'into Hit1 railroad. ;il least do the men be-j hip.4 C. N. R. haNe interests in. in lav.I control elicliic' powci companies, e'ectric railways, coal minis, i-ninc-ries. etc..] and there is a feeling that they should dispose of these iniereslSj end our community wojW welcome a write for full St-.tormatlon anj Good Hoa-ls ILlcr.i- t'jre to Gwd Roads Depaifmeoi Canada Cement Company Limited Montreal An cccicsiaslfcaj th Catiloiic is sifimRcartt hecnnst of iis recognition of youlhj n the c Thk. ol the noxt few years." Ijclni; means: particular role, and as an apologist is a man needing offlcml recognition and in much demand, the government is bringing him closer to their circle. Mr. Meighen is a gifted young man, however. He is barely past thirty, but during his short parliamentary experience he has a favorable impression on both friends and opponents. of PeU-rboro. This organization has 3000 members and wns securities dues practically founded by the new iJishop. hare of the Winnipeg Klcclrin Rail- vay; and was by no menus pleased t ihc refusal of ihc people ol ieg 10 enlerialn ihe propofal. The Canadian cUies phoulrl lake pcrbaps meet Mr. Home Paj r.o'B llhela. They might possibly detnanti from SANDBAGGING THE CANADIAN CITIES 0 The attempt of the Canadian North- ern Railway, through xhe agency cf its resilient repre tentative In London, H. M. Home to sacdtag ihe Canadian cities aha rer.der their' se- curities unsaleable upon the British market is bad business Tor loth the railway company and the Mr. Home object Is to dt- atroy the credit of Canadian Jr. ihe eirectatlon that, il CHEAP HOMES IMPORTANT JE OF THE ARGUMENTS generally offefed against locating industries in is that the cost of labor is so much higher in the wesl, that it is-cheaper to manufacture in the east and ship the goods west, tven if the freight rates are bigh. The increased cost of labor, and we do nol believe, it is as marked as some people imagine, is due lo ccrlain con- ditions, one of which, the high cost of living, prevails throughout the entire Dominion. In the west si very vital factor in this cost of living problem is the high rents charged for houses. Natur- ally a man employed in an industry in the east if he comes, Jooks for a house at much the same rent that he paid down east. Jf he has to pay more for his house oul here, then 1m expects ala different class. better wage. So the argument is advanced by T. H. Man son, 'he! town planner, that Western Canada can't get induslrics by ex- Icanadiin cities which tmptions, bonuses and the like, alone, 11 must offer conditions make appearance very much as exist in eastern industrial lawns and cities before industries will come wesl lo locale. Good workinymen's houses at reasonable rc-nl liul with all conveniences, Mr. Mawson pre- dicts, are a necessity. them.induslries cannul he ex- .pcctcd to establish brandies in (he west and pay in extra wages [o workmen enough to overcome Ihc iucrcuscd housing ex- penses. There is cold truth in this argument nf Mr. Mauson, and communities eager for industries should keep in mind what he says. thus' bt made easier for the interests wh'cti he represents to get money in Great Britain. He plainly views -with jcal- oua the surcesalul sale by Canad- ian cities of their securities in a mar- ket In -which he is himself an opera- tor, on a large (n securitifci of It was- reported and oilier financial were inspirit! by the Canadian but no one hellcvcd that this tori-oration would he so foolial] an! so shOTt-Blshlc.-l. Mr. Judaea that Mr. Horne Payr.e as to municipal improvements can be poat- necessary, and poned, while for tenv this is a financial practice nnd Industrial securities he himself handles heard of Canadian cities lobby- ing and SoETolllng to secure proiin.- cial and dominion guarantees for its J bonds. "They have never fcone to t and hcgged for hand-outs in (heir millions. No; they have Issued their securities on (ha to going on'ihc mnr- tickings of their property and porarj- accommodallqn, thp motieV lhus ir.tans limited to Canadian citits In many cases securllks. doubt that the Canadian been lcss been kr.own at tlir.i.3 to resort in borrowlDB 'and Mr. Piyne goes on' to p "llui? wney; but taking muniopa! as a wnote thtre ia not L claii x' of Cflr.fldlan aec-iTitlea, ajart from -The llrlthh locator rievef securities. This last j trlente is not likely lo increase his i Government bonds, liking. r.or any rate of interest, more than certain to months. small section of the coaimuhflyto In- vest In city bonds. The reasons al- leged for this dislike, are that cities raife a constantly increasing and practically unlimited sum on tbe same assets: that the city valu- ation is not an independent nor re- liable This des- truction of municipal credit has thor- oughly unsettled the public mind. The Car.fldlan provinces are great coun- tries, larger than the IMiiish, wllh ayt wealth in resources'. The prices are mort their Interest every There has not been default in payments by a Canadian city for many years. When Canadian cities lose thi'.r credit, the credit of t'lo Canadtnn .Vorthern Railway ulll not amount lo much Tre atlacl; on municipal Eeturltie: U due In (.art also lo the rcsentmen! kiicculatlvc capitalists nt the vlnjj of cllioa to supply theiTisehcs vith thc-lr own utilities. Any hfjaliUly there may be to rn-inieli-al Issues arlfcs entirely Payno's angry o', which haa j of provincial govtrnmtnl bccuflti cabled to this ttmntry (have fallen under the influence teen i and under A GOVERNMENT OWNED TRANSCONTINENTAL L'MOR COMES out of the cast lo liie effecl (hat (lie govern- ment h considering faking over the G. N. ft. nnd the venom of a man looking for the to have h'.en ed on fact. Mr. Hc-nxe 1'aync's ateaull on the Canadian cities Is -outrageous, so untruthful as to suggest (hat he and hla hare com- pletely loat their heads. It R U as a government marl. While U is rumor, vcl rumor vtrv often Is100'1- IloiT't T r T-I t tf-at Canirtian clUca ccek nccommo- iTHIAI. INVESTMENTS (5 based On fact. TliC Ottntta not imbued In large for ratirn DIOSI Iieai much government ownership scnfmient, bul we kmw of one or the fall In the of city bonds, Wiiilfi the Tiroes ol rallviay Indus- trial have (alien in In concl'ision, >Tr. Home Payne liln-.Btlf amt MB taEe away declaring: "My ad Ice (a to leave municipal severely ainnc ami take this oprjordmlly to invest flll iti? ir.on ey you run In THOSK SOUND ADUS HAILWAV AND INOVR- Ich In price. nevor wlH be a more (rom foclins If tho cHlps ktop Messrs. Macki-nz'c nndfMana a ton rc'iiudlation of the of JIoiuo FallJns to aet th the residents of the .CanaJSan clti who have thu? lietri iniortid 'oy t Canadian Northern's Lorfdcn ngf at their Froy Pr'esB. j their o-an fat franchises and supply thtlr oun %iUi nec-ldl facll ities, whdt is lo Vconu- of (he got rich fi'iirk The Winnipeg of It? own oleclrk power hris hoen n source of much comfort to Mr, Ilvrnt anrt hi1? friends, nnd whon he irtBile his viclonw tlow'at the CanaiHan tUies' crotUt it Is provable that he rioped tbat, (n paiifcular, Winnipeg ivo'Jli] miffer from It in pjilte of the aHegeil of municipal honds, Sir Macltnnjrle la try- in? at moment to fell tho street railway In Toronto to the city for and fa willing (o tnkc city two Of its members who more or IPSS approve of the Jdca Ihlil for "miln'-r'l'al Improvements, v-liich, lopporttmlty ronnmllng money at ajbonds In ycara ago, th0 i i 'f ,P j tu rnoit fiagca could be pretpontd." high rate of inlPrcsl. with the ctrtaln- Billing to take f Canada should and operate a road of Us Own from lol Theciiy touneua are protably or a increase ID capita, city tonda in lieu ol hla THE LETHBRIDGE BREWING AND MALTING COMPANY, LIMITED After exercise, a bottle of ALBERTA'S PRIDE "Beer. No matter how hard you have played, no matter how tired and hot you may be, bottle of "Alberta's Pride" will prove certain revivifier of i lost energy cooling, thirst-quenching, satisfying. THE LETHBRIDGE BREWING MALTING COMPANY, Limited 554 ;