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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 10, 1919, Lethbridge, Alberta S.VIVHDAY, MAY 10, PAGE NtNB C. R 0- Statement Made By I'rtsidcnl -Nil Afraid of Ownership MOXTREAU May Jn I'rrsl fletit lo ibe C, r. U'eduffday. lie 1 have lo Bubmh on be- half of the directors, the thtrly -rlglnh RQiiual itport of tho CDinpany's for, your coivalfcraiion approval. "'ho results of Ifca year's., op cm lions 11 on thf whole, cud under, con- dlikitis -which' ex U red, the rarnhiEF oc extraordinary Im-reaFe es and ropt of s. Over jitr i) w I all de- cent, of Ihp Increases In operation oxiuni vaa due (o inrrciee In wsst's alone. The voliyne. tKMh ot Irelght nnil JIBS- Fencer Ira flic. decreased In coiuinr- tson with 1917. Increase In gross earn- Ings ot Ji.US.36iJ being duti (o In- creases In rales granted In Marrli ami or lasi year. Tlie fact thai, cohv Lib standing the heavy increases t'iQ coil of. operat-un, there was a SLIP plus alter payment of 'nil charges And dividends, Is pnolber satisfactory evidence ot Ihc forealijKi and SvUdoLn or iho .shareholders In having apuroV suljElaotlal expenditures in prcv- ibe wlilrb lliv conclusion of hoslMHIci (lie neect of providing AH much employment as yjur dlredors dM nut think U wire u> niakft drttRtlo tit HOUR In ihe number of iior extended because nothing would In icy opinion, be calculated to troy condilencc ID Canadian lailway enterprises wioro than a iio'u-y 'Milch would confer exclusive and men Viy tlis (lie shops ol the .oinpany ami on (he nstJona) rallwzyi. hare been at lull prcttine always on nccfcBtary 1ml in i-dsos on work which hive littti postpon- ed It the puneral condition had undoubtedly ions of Ihtt lampany 10 fan 'lie 'mawi-ial yoaiilon of ried on with ti which comyiny zi ihu cml of ihe noi hive bwn yostlhle hrd aJequau-p as Indicated In annual repoit. noi'bueii provl'Jtd. A th'-' vvhole (5 ratify- Bplcuous 1'iaiupltt of the ritulta of 'n uch (-jreslihi la (ounJ hi in- New Conilrpctlo'i enco In of roltlin atcck ar- Vour directors ol (hi id during- idc j'psr ifj thai u Amount or thr approilmale vAluf 'it jin nqulvaleol ninounl II reiulnxl lo liu tn IMF.- Tlio rolling htotk lo make (he compelliive i- unequal. The subject o! goverinuent ownership lias letelved much atten- tion recently, but not nearly an ir.uw an (he importance ol tbt j-is purchaxed during lliu forma.- If m ihu! on rani, nnd (honly c (lie Full of NotWlihatauding our previous oipcr- [ence and thai of ihe Cnfie'I anrj Great Britain. owuei1- ahlp and operation railways In lo be pinion i Iliempled on a large rralt. Tlie ililional I lion is full ot danger wh'ch auuot be Rone avoided or even mtnimited twcpi uy condiilotn war-1 n'Rorcusly .'ntjepeadeni and JiOM-polli- U a: au woulA have Iticjcsied' lost of-, fail jdltlkuli ol esiabUshmetU under our subiniUtJ lor sysiem of Eovornmeai. This fm must, After four yiari; of war ofc- lEieiico of times ol tbr ICOM seven- tuncllliuns, 1 am Iraiiuy TO nay Uial I iniLilitloii uf property la excellent unit will not your for Ihe UncB re rnoft urgently re- o'U thai in Iho mailer ot railway constluciEon il't1 cauriirj" 's 'uccd 'iviih a roniliiiun nuiirrvecteMeil !n tin: howtver, be obvlom, Ir: ic- olher way can Ihe people of ubiain a correct cl result a c( gov'Vtnieni operaiisn ay-slems are or 'nay liereaftsr Into UK posFessi-'ne. wiih res al quire more thnn usual maJntPJonco M- only large ptnuiiurc (u ensure its. usUsl otflc- suinrlcnt to r-nahlt them 10 provide lency. ia-illUonal railway lacIUtln tu any .The re EH Its of cin-vMiims of pxlcrii. ConMttuin? biiMid- three, irtJjiitliB tub'uiiTt-ni itt iiir c-oii' In railway poJlcv- have rcnultctJ in dt ilir flpcal li'tvi' LI-PII ihe soitrmrieni bPiiis; K'pJircd la av bui not sutnc iliu present ot odd miles o( ralhvay, with, llir prospcc'. of or an addi- cf in chat (lit- nation- MJtelr belnp admlnisltred in slrii-i ac- and tomiiany an- the turdam-c nilh lot' laws c! c.umry unrtpr which ether Iu've so. In view tlic tailing oil ct al traffic: durins Ilia, moutlis cf Kcbru- ary and 'atiJ .Ilie inoviiabk' tianal siityfour iiundrctl When heovy costs of jiraljUpnp.nrfc ainl oprr- t'.ilg has been oporalc, by ilieir financial -T-I: Ing nietljode belus :ts precis? and as accurate as the liw TC- nulrcB of private iind l-y the exact financial result tut- mitted lo parliament cici year. Piffereiil views may conceivably held as lo the wisdom o" publl'. own- ership and operation of 1 vlcwa arc sufflctciiily ailon duo lo high waces and the high (Cfl principal competing to require repetition, but lac iaci in I'nnadu will be your company public is hlrcaily here '.lie CnnafJfKii National Jliiihvays. 1 and ciperienco only shtv.- whclix have ro as to ihe ability l er iho dilliculfles I have incniloned of your Company, with its splendid j (11 Beciirlng efficient and nou-palltical [aclllllcs and cquiimiciil and loyal and adinlnisirallon "can be overcome, and C3 of 'tnalcriRl. Men at Work In -view' 6? (lie re ......___ LfUcers and men. lo obialu a fdir of Ira'nc, ami to handle li expeiliUously and well. Fear Government I have r.o fear of jjovcrnnient byl government ently hjis f.omo fear ot private compet- ition under cqunl contUIIons. ti ima recently tjeeii found necwfiiry lo give not enjoyed by private compan! to exempt Uicni front coinpJj ivith the ciistins laws i (tat Lhls pol cy or mak r one law [nr he ihe coL'itto" receive an adequate ser- vice ut a minlmuni of loss. 1 am satisfied Ihc government recog- iiitcs iliese tli'tlcultlcs and tliat a FLU- i care and-1 dttermlucd effort will be j tiiatle Jo mecl Ihe situation. It SPOJIJ. however, to lie obviously vrlsc ihc assumption of furilitr objet- tlous should at least be deferred until the practicability of govenimeiit nd- infnlitralion, or adminlstralicn under the eegls of tha .goveniment (which is Qiiiic Inseparable from government I are ciitUlcd lo 1 0 metU- Kallonal KallvvayB. .iml one Tor do administration provided and ic and oilier pmulo h admlnlsiralion are nlcrprists will iieiihcc be tonliuuctl Wash Itch That Away There is absolutely no sufferer from eczema who ever used the sim- ple wash U. U. U. and did nol (eel immediately liiaL wonderfully calm, cool seusat.on that comes when the llch Is taken away.' This soothing wash penetrates Hie 'pores, gives in- slant reiser from the most distressing stln diseases. L For sale by J. D. HigliibQlheai such as.lo ivarranl their approval of ilie cotillnuancc or extension ol Ihc main inlcrcsls bt Canada. Land Silts Large TJie relunis from salts of- lands daring the year Jusl, closed have hccn tile larjesl In the lilslory ot your company, and It Is, a niatler ot great satisfaction lo your dlrcclors, 110 douut U Is lo Ihe sharehDlders, that the Incessant activities or the com- Co., UmlLcdj DrLigglsts, A.bertn. Letlibridgc. H anJ get share of tKe open life at small oiit- TKe benefit is TKen there Is the cold, calculating side of tKe cost of getting to and from ?ur work. With the "Bike" can be crtfn cost the overhead. Duniop Tires most, likely on the Bicycle you buy because the ratio of "Duniop" to other Tire Sales is 8. to a. Twcnty-ffat of Quality did that. DUNLOP TIRE RUBBER GOODS ?CO., LIMITED Head Ficforiei! TOROOTO BRANCHES Iri THE.LtADWC. CITIES for ill RnlWr pany In Iho roallei or sale and colon Izattcm ot [aluls'anii tile promolion cr immigration lo Cicada has had such far-reachltig and resulls. As direct consequence ot'luc'ellnrts ot he company more cres ot land have' lictn'soW to sel- e'rs ana aore tliau lair a million elllcrs Induced to come to Canada nd settle in Hie Canadian wesl.' Tue onlribulion lo the cxchcqutr of the ounlry lias oeen Ihpreby increased by nany millions. With rclurn to peice ondlllons I slionltl expect z consider- ble increase in itumitratlon and with ne vigofaus devclopmt'nt o." the coun- ryTs naturii resources and HIE neces- ary eitenjlon ot the markets ot oar we liave every reason (or confl- ence In the tutiiro prosperity of (lie even l.'ioush Uie present year jay be one ilurins: ivlilch ihe com- expansion way be only rnwler- te. Your directors look forvrard with to the development ol the rans-Allanllc anil trans-Pacillr. steam- hip business of your company, narlic- vlarly the later and adenuite rrovis- on for tbe needs of Hie Immediate uturc have oecil niade fls indicated n Ihe annual rtporj. It would not he nroper ttiot 1 shoulil conclude my re uarta without n personal reference forrier nreaidciit, Jxird JhaughncEEy. who retired (ram the (residency during tile last fiscal year, t Is inirtians not necessary that 1 houlrt reiterate Ihe Inestimable v.aluc of his cervices to the company Iron ne beginning of his conneetlon with I. but more particularly during Ihe ast twenty years, during -which tlrao ho occupied the position of chief ci ccutive It. will, Jiowovc-r, bo rrallfylns lo the shareboldtra to knov hat- great a3 lias been Ihc success o Lord Ehsughncssj's adtntnlstraliou o he company's ar'alrs, viewed from a nirely commercial slannpoint, greatc illll lias bteu'tho inllucncc and foro of his personal clinracler. and Heals and his high sense qt.duly, en Ul otticei-s and men or tlic companj'.-will (lie result llial Die Canadian Pacltl e'njoya nn cprlt tor.c I ven lure tb'lhlliK is iiiiotjinlldrt and cer talnly nnl- excelled In kny corporalio in (lie VorJ'l. o great gfa'lltlcallon 16 Ijrd Shaugh nessy on from the Sclii'o work .presidency the rnuVie chalrma of IHe'c'ejnpAny, lhnl: not only icai hi ailmlntsjIr'allOn pjlrforJin'lrllV :suc ccsalul, the pron crly1 In cxccllclit hut that1 ho crenlcil flnrinj Ihc lonur of liis otttco.'ah Ihe am MUon'of whieli, anil cVery nitluhcr o II. Is 1o nllllzc (list p rosperlty In Ih closest co-dpcratlon and lo the full ex li-nl of powers tor the bcncllt o thc'couniry iMirt Iho 'manfifRcltirrr'j success Is largely lo his aWllly to buy raw male !al al lllo lowest prlcos, 16 ?cll ino nn lihcd nrodurla efficient ill ayjlem. ami lo' aclvan age of more ecODonilc mclhoda of pr represen- tatives bl 'goternment deparlrnente. In- cluding the'colonial office.- Thii com- mHlec wllj obtain t'a'nadlan views by calling -.vitiiesses. The house would be given. ;uropportunity ot dlscllssLnE the report if desired. Teacher: What is an alibi? Bright Boy: Being spmewlitre wicre you Hin't. f CANADJAN CASUALTIES fl- fr O 4 The tollowirii casualUes'were.'issued Died: 7i. Alex- andcri ITC.' Ill: J.: Funnel Alia.; H. Grlmh; Berr] Creek, Aid: Medical Corp. C. J, S'.uchbury. B. C. Died (In Can. Sapper G. E. Coupe, Sawyer vllle, Que. :unity .for Retail Merchants next few years will mark a tremendous change in the buaneas of retailing. Motor Transportation, now reduced to a low-cost basis must revolutionize local trading just as Railroad Transportation' revolu- tionized national trading. As men everywhere' grasp this (idea, as they seize the opportunity (for business growth tnatnow presents itself; the retail business: will be operated on a higher, taore efficient .plane. The. public will be better served. Larger, and more varied stocks .will be offered for sale. Better and bigger storet: wiHappear. The Ford Truck makes available this opportunity. It is Motor Transportation at low first cost, Imu mainten- ance cott, (ow operating cost, 1 A small outlay will motoriM your deliveries and open 'to you the opportunity for business i expansion. Complete Two Standard Bodied and delivery work can, be! best 'adapted to two standard Ibe Stake Body and Eipraa .Body. body types are kept in, stack defivay. 'They insure" the mfctimum efficiency from the, Ford Truck. They give the buyer of. a Ford Truck the reeofniwd benefits of, Ford production. Enclostd with .the. tworway which the driver proper protection from the weather. 'See that complete (rrusJa. the opportunity to enlarge your field of business. lolve your delivery v FtrJ cur FORD GARAGE, Deatm A. P. VEALE, KING GREEN, TABER MOTOR CO. LTD., DeaJen ;