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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - May 5, 1920, Lethbridge, Alberta S}pll|6im>N.---(Bpecial correipond-�noe.)-^!la luittao in ita way. and standia albne. jnoir.lbe hrfl eight months rot its p�radonltii'1917 the'jram ttt }36.�9-rihia/deposited with tlie gov. entmabt'nndiBr this system. In 1918 tbe Qgnres reached the total ot n>-162,ei4.4t;�and for ]919 the' depoeits ,#ere ��Mghay In excess ot 1918,, ,. ;>";l�^:'.Popular .System', BeoaJtsejof thiei unique features of this ne^r financial -venture and its poputarlty^with the masses, jbotlf wltili men otiblg money and: the littto icihaps vrlth but |6 to deposit, the details Cught to be ot interest to citizens of veiy;:j>rovlnce in Canada. The smallest certiffeat�> issued is the denomination of $6, and there is no maximum^ or at leKst'the maximum has not apparently been:.reached, - and there has' been one 'deposit of 1200,000. But the plan wasv designed primarily to secure the small deposits of the masses, and its popularity can be imagined when {c ispart of the west. It would afford an example that Would encourage Saving..in- all &,140,44, a net deposit for the year of |637,473.-99,' � . For the period of this provincial sayings department's existcince' th,e l)ooks show net, now on deposC't, the suiji of .?.1,636,C08.18. .What is more Hi^nificant, the bank deposits of all fla^BBes, have largely increased in this period," and tliere have bean two ^a-titfnal loan ' cajnpaigns which have taken approximately , .^ae.OOOiOOO each out of Alberta. ; Banks Approve Idea That is perliaps one reason why the hiUiks appi'iivc thia now idea-Uie ;it-mosphere it creates boosts the savings ti�akttnr,i:Mi'(ittlN^avdlng black man in overall* and �'withered old China-miU appeared ftt < the i counter and bought certificMeB or deposit-one for tifty an4 the cither for two ihundred dollars. Men: and : women small means are the chief patrons ot the drflportmihti and vheu the deputy received :(thiaflirai^ib|g offer of a, de-P08it-^60,lf00-^lie;.would not accept It until be hadl'votisulted with -the minister. It w/is a inroblem, for the plan wa� d,esl||^edr4o,get tiheesmaU deposits In. , '. "Take tihe Money" "We ican^i^ makd^ exceptions," said the minister. 'Sfako the. money and give - the' gentleman a certificate of deposit," . J PrlBiariJy,!the'leglslation wbich empowered- the treasurer to-accept these deposits and eiu^urage them, was covered by an,;;geti which provided for receiving the^amalLloans to cover the- amount of tiix< arrears, but the act provides I'that Sfliy sum of money borrowed under-; the- proyisionjB M this act ishall' be rahled upon /the credit of the general rerenue of ,tlhe province of Alberta,, and phall be- chargeable thereon," so tt^i security is ample. Alberta'*' iurplu* Cash There is a great- deal of surplus cash in Alberta,'much'that is not in the bank.. In tac^Ift^y be said that at no time in thfsi history Of the prov Ince was therS so ipuch money lying idle in the hands of small' investors, and some students (rf the success ot this government certificate plan main-tain that It can be enlarged with a campaign that will: permit all Alberta govemmieint bdn^s to be owned by the people of the province. There are some' 130,000,000 ot'such securities, eomie long time/^bonds. Much of this evidence of indebtedness is held out| side of the proTiuce, and even in foreign countrlea. ; , At Province Self-Suttalntng The idea is that with, similair appeals through the press to'the people of Alberta, this public debt can be taken tip and owntid at home by the small''depoBtton; The plan^ it is b�-Iiev�d, can readb ownere of thirty millldh dolUrs, In small amounts whose money today is not in use, not in banks, but held earelesaly out ot Xilrculatlos. Eividence ot fhlt'ls to be seen in the readinesi with which the adver-tisemeqtts tor<^ government deposiiits are kinstantiy respondwl-to. In ssich-yo* iime, indeed, that\the advertisements have to be withdrawn after a few weeks to avoid the deposits' reaching sums out o!f all proportions to the accumulated tax arrears. French Raflway Traffic ' is Approaching Normal; Ultimatum to Strikcrt PARIS, May 4-All the railroads affected,by the strike of railwaymeh reported improved conditions today, the volunteer recruits replacing the strikers. The cpnipanies issued an announcement ideclaWng that they,^ would, dismiss all men who did nol resume worK today. The strike of miners and docken is spreading. CLEVELANDBRS MAY E FQRCED TO WALK CLKVBLAND, O., May 4.-Motor-men and conductors, employed by the Cleveland Railway company at a mass meeting last night and earl^ today, rejected the company's maximum offer of 75 cents an hour, an increase of 15 cents with a minimum six-hour day and vofed to 'strike at midnight tomorrow. Approximately 3000 men will be affected. BODV'C0�E|IE� WITH THEM The primary cause of pimples arises from the blood not being, in a good condition. When the blood becomes lmpui:e you viplll find that pimples wlU break'out all oyerMie body, but more particularly on the forehead, nose and chin, and although, they are not a dangerous trouble they are very unsightly. What you need when pimples or bolls break out Is a real good blood purifying medicine such as Burdock Blood Bitters; This preparation has been on tho market for over. 40 years and ia tho most reliable remedy tor all troubles arising from a, bad condition of. the blood. It removes all the impurities from the system, and wUl leave a clear, healthy skin. Mr, Emerson G. " Goodwin, Cambridge, N.B.. writes:-Tor nearly two years I suffa]:ed from boils and pimples on. my face ajid hock, and nearly all ot my body was covered with the pimples, I tried most everything, but got no relief. One day a friend aa-vised me to try Burdock Blood Bitters, and after Using thnee bottles the pimples arid boils had all left me and there is no sign of them returning. I can strongly recommend!B. B. B. to anyone who is troubled witli skin disease." Munufactiired only by The T: .Alll-hiini Co., Liniited, Toronto, Out.- Adveiti,?emeut. that is youthful-appealing to both father and son. The designing ideas and workmanship in Society Brand Clothes co-ordinate to express this spirit. Fabrics are all-wool. Society Brand Clothes do not just happen to have better style, fit and fh-H-i, They are the result of an organization inspired by an ideal. with the Varied grades of clothing flooding the market, look for the label as your guim  tOCiSTT WtaWD CLOTHH, Umlted, Clnldl ALFRED DICKER * COHN,'Uiillcd SUlel Montreal New York Chicago Coprrlfbt McK^clvie,: <^2" M'S u re Largest Distributors of Men's Wear in Souihern A.berla AQcnts ior Jatger Pure Wool, Cluett Shirts and Collars, Geo. A. Sidier Shoes KIRKHAM BLOCK - - - LETHBRIDGE ;