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Lethbridge Herald Newspaper Archives

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Lethbridge Daily Herald, The (Newspaper) - May 27, 1918, Lethbridge, Alberta Herald VOLUME MAY 1918 NUMBER IK HUNS OPEN ECTOR HOUR HIS Minister1 of Labors Report on Flour Mills Shoyvs Big Profits Made MAY INCREASE THE TAX ON THE NET PROFITS DECLARED JfAOY TO May Count Von tie German am hall advised the Sov iet government that Finland an her willingness to en ter into peace negotiations with A representative of Germany will participate lil the May A story of big War time profits by large Canadian milling companies is revealed today by the minister of The report Is based on investigations covering the period between 1913 and 1017 and therefore for purposes of includes a prewar It shows that in 3917 as compared with large milling companies heavily In creased their net profits even after allowance had been made for war tax It indicates further that the limitation of profits to 25 cents a barrel for Hour dons not effect the purpose for which it was intended in that with Increased production eveli where the profit per barrel of flour is limited still ample dividends mffiht be paid and reserves set Increase The Tax It is the report concludes that the only way reach thu prof Its of the milling companies is to in crease the lax on the net profits on total The report covers ovor sixty writ ten It show in detail profits have been derived ami Hhqws what proportion of a comj panys capitalization is represented by what profits per barrel of flour and wliat revenues were ilerivad from option trading in wheat Before the price of wheat was Increased the report indi are due largely to Increased production and Increase in turnover which In 1917 two to three times lhat of the prewar although in riiost cases there was some increase In the profit per barrel of Small Small Profit While dealing more specifically with the larger companies the how states that smaller producing less than barrels a jear would find difficulty in surviving on a profit of twentyfive cents a bar Companios producing between one hundred thousand and five nun ilred thousand barrels a year probably Would mike a moderate revenue on inch a limitation while the large companies would make an excessive Large companies have no less than twentyfive cents pelbarrel nade net profits of unprecedented Therefore the only oquit way of reaching all classes of milling is by tax on the net profits for the The increased the report have been disposed in various In some as with the Maple Leaf Milling divid ends have been paid on common tor the first In other cases al ready substantial dividends have in s creased as is the case of the Ogilvie Flour Mills The regular lividends on common stock ot this pompany up to 191C were eight per In 191ti they were increased to 12 per cent and in 1U7 to 25 per cent Surplus Profits The surplus profits account has been greatly In 1913 the lurplus profits account of the Maple Leaf Milling Company was about In 1917 it was over The surplus profits account on the Western Canada Flour Mills Com pany was approximately in I91S In 1917 It was The letter is in addition to fUe sinking The surplus profits accounts of the Lawrence Flour Mills Company Ihe seport Increased from a debit of in 1913 to a credit of In 1917 in addition1 to a sink ing fund The surplus profits account Ot the Honin Hood Mills in 1918 was In it was ii tddition to mi accumulated reserve for war tax of and very nub ktantial dividends during the The surplus profits account of the Ogilvie Flour Mills Company in 191 was approximately in 1917 i hud inorousert to in addltior to the immense reserves of for war tax In 1916 and of foi tvar tax In The surplus profits account of the of the Woods Milling Company has materially In I91H Ihis account was In I was plus al the credit of the surplus profits aCcoun lit the Keewatin Flour Mills Com which the Lake of the Woods entirely This is iu utlditioi to the redemption of Keewatlu bonds to the extent of in am the redemption of the bonds of th Lake of the Woods Company to tin Intent of in 1917 and vedemi of good wjll fclight per cent dividends on conunoi Itock were paid throughout wul on Many of These Now inOperu Sunk a Hun Sub May Routers Ot tawa sinking of a Ger man submarine a British submar ine off Cape Vincent shows that the British have cruising submarines ami this is the only Incident where a submarine has sunk a says Archibald Kurd in the Daily Tele The Cape Vincent incident took place over nautical miles from In neutral the naval critic it has been assumed that only the Germans could build submarines capable of operating far out In the Conclusive evi dence is now supplied that possess the onlySubmarines which can cruise remaining at sea many days on end without Dillon Says Sinn Feiners Have Nothing in Common With the Nationalists MUST REPUDIATE THEM OR LOSE ALL THEIR OLD FRIENDS over the rrest of two returned ioldlers and a a 11 or by the police last night led to riot which resulted In four men go ng to the hospital and damage to he city police and city iroperty estimated thou and and ten thousand A lemand was made by the soldiers and ailors for the release of their com In the melee that followed the lolica used their The men hen attempted to set fire to the clty lall straw over which gasoline md been When the firemen ame the mob cut the hose but the ilaze was extinguished by the chem x A RIOT A HALIFAX Resent Arrest of Comrades and Do Damage to Civic LARGE HUN SUB HAS BEEN SUNK May refer to the British announce ment of Saturday that a large Ger man submarine had baan sunk off Capa a semioffi cial statement from Berlin that no newe hia been received for a long time from ona of the German submarines operating waat of The1 lota of In Mediteran claimed by the must be reckoned it AGAIN BOMBARDING May long interval the Germans again began to bombard Paris with long range at oclock this May In a speech here today John the Irish Nationalist leader sand 1 am being denounced today by the Sinn Feiners as an Imperialist which I never was and as an enemy ot the true principles of And I have repeatedly explained while I was iu favor of the Man sion House conference for the sake ot presenting a united front on the single question of conscription I was so far from believing that there was any other possible common platform with the Sinn Fein that I was more bitterly and irreconciliably opposed to De Valera and Griffith than ever be ore in my I am today more convinced than ever that the Sinn Fein policy is cal culatedto rob Ireland of the sympa thy of America and of all democratic people throughout the Alienates Own The Sinn Fein is not allenat UK others but our own Mrish people n Every morning I receive otters from friends in America ask ing what has come over the Irish peo ple and if it is possible that their sympathy is with the foes in tho United anada and Australia are anxious to see what will be the verdict ot East If we advise Nationalist candidate to such actjoji will be taken by the world as accept ance of the policy of Sinn JVe must fight or become the bond slaves of Sinn After denouncing the governments revelations as not bul merely Lloyd Georges opinion ot said The government of Great Brltaii and the military advisers are playing the Sinn Fein game because they think they have in the Sinn Fein an effective weapon to the con stitutlonal move in Need Cool May Irish has written a let ter to the Nationalists of Limerick In which he says In part Large masses of youth in Ireland have under the influence o leaders who appear to have no wel thoughtout policy and no sense o In the face of such conditions young Irishmen who cai keep their heads ind are determine to resist both stupid coercion and th policy of the Sinn Fein are capabl of doing incalculable service to Ire land at this moment of terrible need Editorial Two variant schools of opinion re spectlng the governments revelation are illustrated by editorials in th Unionist Irish and the Nation allst Irish The forme thinks the evidence is conclusive am that the Sinn Fein stands convicte on a treasonable The la ter declares the governments evidonc is almost purely Speculating on the attitude of th Nationalist the Irish Time expresses the opinion that Dlllo must dissociate himself from th Sinn or that otherwise his part will lose the support of all moderates f dealing a deadly blow to the cause o Home The Irish Independent consider that the like the publi takes a good deal for granted as t the authenticity of the German plo Germans Attack in Force on Wide Front on Aisne The Are Well Placed EVEN THE HORSES GAS MASkS IN THE BATTLE HUNS ADOPT METHODS TO TERRIFY THEM Miy ly for the iiurpniie of tcrrify ing lonnan airships have appeared over Novoro sycky md Uerman submarines have entered UK Thy transCiiucaslan government has refused to cede the city to Turkey in accordance with in mands made by Turkey in the peace conference at which is now New Offensive in Somewhat Unexpected Quarter Open ed By the Germans i ALLIED FORCES IN i GOOD POSITION IN THIS HOWEVER Appeals To Congress To Cut Out Politics and Get Down To Business For Our Sailors With the British Army in I May latesl tf ff j reports shows that the Ger j mans have made some small progress in Ui The attack of the Germans in the sector northwest ol Kemmel appeared to be di rected againsl the ground cap tured by the French on Mav RY MS President Wilton peraortally took charge of the war tsrifc legislation tangle to day and appearing unexpectedly before a joint session of declared it Was to ceed ly new war tax Plans which might have delayed the work but which involved a working agreement between both parties have fallen the president told the legislators and there was no way to meet the problem of financing the war but to have congress remain in session and go ahead at The president called upon con gress to eliminate politics from the he is The principal increases in tax the president should be war profits and lux Greatest Problem At a later point in his the president said The consideration that dominates every other now and makes others seem trivial and is the winning of the We are not only In the midst of the we are at the very peak and crisis of Hund reds of thousands of our carry Ing our hearts with them and our for are in the field and ships are crowding faster and faster to the ports of France and England with regiment after thousand after thous to jofh them until the enemy shall be beaten and hrought to a reckoning with There can be no pause or The great enterprise must on the contrary be pushed with greater one greater Mayor and Veterans Lock Horns Over SRelton Mayor Hardie and the GrrflRt War Veterans Association have locked horns over the relnitateinent of Cap tain S Kelt on in position of chief of the city which post he held before enlisting tor active uervlce over two years In a letter to thf Groat War Veter ans answering their letter which ap peared iu tjie Herald stating that they have examined Skoltons papers and found them in and us a re sult practically demanding the rein statement pf the former Mayor it ie hap made a threat that lie will rastffn rather than consent to the reinstatement of declaring ttytt ua owes this much to his two boys t lie He then goes on to justify his and also to justify official recognition of the Veterans The letter came befpre the Ureat War Veterans switiul meeting on Sun day afternoonand discussed for nearly two Proa aid can learn the Veterans are deter mined that lie former chief shall bo He appeared boforo the general and the comrades worn convinced that ho had done duty in every and are prepared to back him May attempts to disarm Polish troops in the Ukraine and Minsk governments are meeting with fierce Tho seconc Polish under General Makovlt located near Kanoft in the govern inentof defied the German ul tlmatum to disarm within twentyfou whereupon the Germans upolo saying that the order was a mis At German attacked the capturing one vil The iPoles entrenched and battloi against fifteen thousand Germans causing considerable losses the but themselves sufferin The continued for eral days when the Germans were driv en losing u tow pieces of ml There wan much talk at the meeting lery Tne flrBt corps near Uog of calling a mass meeting of tie oit to the present has escape izeus to place their position before the but it was finally before such action should be the mayor and commissioners should be given an opportunity to ap pear beforo the club and state their A general meeting is therefore being called for next Sunday afternoon for this Held in Abeyance H had been expected that the rein statement of Skejtou would come up at the regular meeting of the city council tho mutter is being held in abeyance awaiting the outcomo of the controversy which has developed between tho Mayor and the Great War Already acknowledged and Doe Donations are coming in slowly for the fund for the sailors of the navy and merchant marine and their for which the Herald is receiving subscriptions on behalf of the Sir Alexander Gait chapter of the This fund does not close until June 8th so there is ample opportunity for those who have not yet contrib to send in their Lethbridge should do well for this which Is as worthy as any cause for which the citizens have as yet Freight Fates Jump 25 Per Cent and Passenger Rates About The Same Mercilessly Exposes Act ions in The Russian Provinces May a leading irticle the Socialist newspaper Vor vaerts of Berlin mercilessly exposes he governments methods in Russian especially of Livonia and Osthonia during and since the making ot pence with the subject be ug brought forward by the official announcement which it reports that the government had consented to de iver to the Russian ambas a declaration fromrepresenta tives of Livonia and Eethonla of the of these The newspaper takes as a text May meet wage increases just announced and the higher coslts of coal and other sup plies this Director General Me j Acloo today ordered railway freight I rates In the Vailed States raised 2a I I per cent and passenger Cares ed to three cents a mile from the j present basis of I It is estimated thul the programme I wil bring between eight hundred and nine hundred dollars morn revenue to the railroads within the next It represents by far the biggest rate increase in the history of The new freight which cover both class arid commodity rates become effective June 25 and the passenger increase will go into effect June Issued under authority granted by the Railroad Act to President Wilson acting through the the order will pass interstate lower rates affecting either freight or pas senger Travellers in stand ard sleepers and parlor cars are re quired to pay cents a mile in ad dition to Pullman fares and in tourist sleepers Pullman rates remain the Suburban Commutation and other suburban rates on railroads Increased ten per Fares on electric interur ban lines are not Special conven tion and tourist with a few ex are privileges such as stopovers and free side trips are abolished and excess baggage charges are Both freight and passenger rates on rivers and coastwise by railroads are to bo raised propior doubts expressed on various sides us tlonatDly wlUl the general to the significance of the German doKxport aml import flight rates are livery the declarations Irom and the higher do Livonian and Esthonian and points out that the official state ment does not comment on the gov ernments The twilight resting over the continues is intentional mestic rates will apply to and from Flat A number of flat in stead of percentage are or iuiiiiiiuun v ui 10 111 i and it is Intended to It is dered for coal live bullion and other Exceeding differentials and rate re lationships between various localities arc to be so far as possible butfmany adjustments have to be made All rates subject to re view by the interstate commerce com but the president has fliml disarmament by agreeing not to join troatv the second but a fight is ex peeled to take as yin order is sued by Prince Leopold of said all Polish troops must bo disarm intended to conceal the differences of opinion existing regarding the mat oven in the highest and this twilight offers opportunities which clear daylight would The office m the period when the DrestLitovsk treaty was under declares the news took the standpoint that Russia could justly endure the loss of Po Lithuania and but that the exclusion of Russia from the Hal lie altogether would create a situa tion which would surely ba followed by an Hence Livonia and Esthonlu were promised to al though a scratch of the pen could have secured them for Tho Russian Vor waerts hns declared it self prepared to right of selfdetermination or which was to be expressed In free elections after the evacuation of the territories in Hut Russia never made any declaration by which she de livored up Ksthonia and Livonia to the German authorities or the here ditary upper and that is the sit Tho German government must choose between its promise and the SHIPPING THE May Via Reuters Ottawa the re cent announcement of Wall that payments totalling would be mudo in July and Aug use ID connection with lie pooling there is now considerable activity iu shipping Whatever the epd may the road ban been travelled in the oast since UrestLilovsk is un indication of a lack of intelligent direction of our foreign policy than which no worse could be The oc currances in tho by the a variety of strivings is complete the picture of this mad Italians In Drive May have launched an at tack capturing several mountain the War Office announo They have taken 800 The summit of Monte the town of Pass and the mountain spureatt of Una Pass have beene wreated from the The Italian attack iibeing car fled out in a difficult part of the near the western end of the The points mentioned by tho Italian war office are north west of near the Austro Italian WEATHER Forecast 65 29 TWENTIETH May H is has won ills twentieth aerial The captain was n partner of the late Captain UuymJmer lilJe famous French May Ger man attacks developed early this morning against the British and Frenchpositions between Rliaims the war office an The attacks were pre ceded by a heavy IN FLANDERS TOO May the front between the of Nieppe and Riieims the Germans launched an Ihis the War Of The French and British troops are resistingwith their habitual The Germans also attacked this morning in Flanders between Locra and on the northern side of the THE NEW FRONT The front ot the German attack is along the sector which is usual ly referred to as the Aisne owing to the fact that for a long tlmo line of battle followed the Aisne The present bat tle line runs along the Ailctte north of the Aisne over the larger part ot this the French having advanced their The front of attack is about forty miles which is about fifteen miles shorter than the line of the original German attack this on A NEW SECTOR In turning to a new sector to strike their the Germans have taken a course contrary to that which has generally been predicted by military commentat ors In few during the pause in the The view usually expressed has been that the Germans were committed so heavily in their campaign In Picardy and Flanders and wero occupying such dangerously ex posed positions that they were under the necessity of striking again at those points when they resumed the It is not un that attack on tho Aisne front will be followed by renewal of tho offensive on the other The Ger man strategy may contemplate surprise attack in sufficient strength to compel General Foch to withdraw troops from the north iu the hope of involving the al lies sufficiently on the Aisno to weaken their lines in Picardy and NO If the Germans counted on tha element of surprise to assist them in new attack they probably have fallen into a miscalculation us ft evident from the British statement that new dispositions vof troops have been made along the Aisne Before the March offensive tha British line ran to tho Olse Kiveirsouth of Quen Going to the assistance of the the French took over a sector extending to a point east of There has bean no previous intimation of tho prpt once of British troops on thin part of tho except for last nights German official In this statement it was said that of British were taken The front between Soissons and Riieims is a difficult offer ing the allies excellent facilities for the The country is with a series of strong ural positions to tue reaiipl the ai ied The Germans already have apf ferad defeats in this July they undertook what Is us ually referred to as the crown princes offensive which met with the same fate as the other military ventures of tue Germsu crown He carried on the attack for several weeks UQl mist with a costly ;