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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - October 6, 1916, Lethbridge, Alberta PAGE THIRTEEN THE LETHUnmilF, DAILY HERALD FRIDAY, OCTOBER C, National and Practice The country been in- termed by Finance Minister Whito that a campaign of "National Thrift" Is to be inaugurated In the Dominion 1 durlni; tho present autiusn. By and pamphlet tho doctrlnp or Save, is to be vreachod .throughout Canada. 'The very logical reason given for the inauguration of such a campaign to-iho group o( nations, possessing, not only the greatest man .power, hut the greatest financial resources, will fall Tiotory 111 tlila It IB to bo 'expected, however, tho Dominion government iffl: presses upon the people tity it will set an ot tne thrift which it intends to preach. It not unreasonable for. tue .pooplo to look for economy from those in hands Is disbursement of fae huge sums running the country and the war. Canada has spent over on war since the war commenced. This does not take Into account expediturcn made on behalf pf the Canadian troops bf the British au- thorities which are 'being charged up for a future "reckoning. Owing to the fact that tho 'present war pre- cludes the possibility of financial com- parisons with other wars, it Is aim-, cult to clearly define whether the above large amount has been spent .wisely or wastofully. There are cer- tainly many factors of waste and ex- travagance in the handling of Can- ada's war expenditures. Domettjc Expenditure Only But it is not' with these that It Is the purpose of this article to deal. It is with the ordinary and capital expenditures Dominion for which may be gained from those of it .5 with those expenditures for which the gov- ernment may be. -directly respon- nlble, because it is in the power of the government tq increase or de- crease them. Has the government, which now proposes Inaugurating a campaign of "National shown an example of such thrift In its own .domestic Statements from" the fin- ance department .from month to njonth announce .heavy increases .in thn revenue receipts of the country- Apparently Sir Thomas White 'is an adept at raising money. Is he as much of an adept at saving it? Five Million on 'Capital Account 'in announcing the financial onndl- tlon pf Ihe country for the first five months of the current fiscal year. Sir Thomas prp.udly pointed to the fact that, as compared with the corres- ponding period last year, some five million dollars had been saved on capital account, Including public and railways and canals. That Is gratifying, but was to have been expected owing to' the cessation oC all works save those which were under contract when the! war broke out Almost the only railway work now -ijmdor way is the Hudson Bay road. But there has been practically Jio saving in the ordinary running ex- penses of the country, and It is here that the government had an opportune ity of showing an example of thrift and economy. Consolidated, or ordin- ary expenditure on the part of a gov- ernment, coincides with living exuens- ujj iiitj pun ui -A fSulujT. Capital expenditure on the part of a govern- ment coincides with the money spent by a family or individual on a house, a bam, a new ojftce building, or a piano. On the latller the government saved a trifling amount; on the form- er it- has laved nothing. No Saving on Ordinary Spending For the .drat five months of the present: fiscal year the expenditure on Consolidated Account totalled 'as against for the corresponding period last year, 'or a trifling saving of That the condition is not Improving may be lathered from the; fact that for the pf August the for running the country totalled' aa against for: August, .1916, an Actual increase of QVer a.million dollars! -Consolidated Fund expenditures, it may be argued, have teen increased I .because -of 'the war, though they do 'not include 'actual1 war expenditures, "which are kept -.different ac- -c'piirit. The increased interest national debt, It will be contended, i 'inust bVpald of. Consolidated Fund as must: also pensions for wldiers' families. During the first! two years of the war additional in- ternst charges, duo to an Increased national debt, have totalled about nine millions, while pensions hare- not ex- a million and a half. But theie Increased charges oh the account are more than counterbalanced by the fact Uat more than the iiiual mllltle. railway tubildles are not Included. The following tables give the expendi- tures PB Account for the first two fiscal pf the war, !or Ui8 two ante-wur years preceding, and for the two years which may be eald the high spending 'rec- ord late Liberal regime: On Consolidate Account 1911 1912 Total for two years 7 1914....................., Tejtsi: for, two years ...W3M44.009 1S04SWSS Total for two yean, In other werds, expenditure en CeBMlllated Account for the first two war years ex- ceeded that far the pneadlag twe ante-bellum ycwrp by ever 2< millions, or by per cent, exceeded that for the two flical years of Liber- al rule by nearly 40 millions, or by 42 per ceb't. On Capital Account The faUowIne; the com- parisons on Capital Account for the same periods: 1912 Total for two years 113 1913 1914 Totar-fpr.tw'o years ...I )15 191 1916 Total -for two years In other words, the. expenditure on' .Capital Account for the first two fiscal war years exceeded that for. the two preceding ante-bel- lum years :by pver fifteen millions, or about 18 per cent., and exceeded that for the two last fiioa.1 yeara of Liberal rulo by over eighteen millions, or about 22 per cent. Total OomMtlc Spending Taking the'-total Consolidated and Capita) expenditures for Uie years In question the "following tables are il- luminative: isii 1912 Total for two years 1913.................'.. 1914 Total for two 1916 Total for two years It will thus be seen that the gov- ernment's total expenditures, apart from war, and railway subsidies, for the first two fiscal years of the war exceed, those for the two preceding ante-bellum ytits by. over thirty-two millions, ant these of the two last years of Liberal rule by.near. iy a hundred millions! And it may. as will; be 'recallea.' here that the late liberal administration was denounced (and perhaps rightly) by the present government when It was in opposition, as and waste- fully extravagant. Not Much Better This Year The for fiscal year are little'better. During the first five months, of It a trifling saving of five millions been effected from a cutting down of works for the benefit of the IJomlnlon, Parliament voted over for expenditure with- in the Dominion, apart from war, for which was voted In ad- dition. And .havlDK been given that amount to spead the government will probably to the occasion. In any cifeV the government has not yet an-exiunpteVof tile Uirift which It now proposes to preach throughout the years, been transferred to War Ae- .ce.unt, and estimates have been cut iii; "two. "For" all practical purposes, th'eretbre, a straight comparison of Capital and -Consolidated during the two fiscal yeara pf the jriuj with pracedinjj years is both fair and reasonable. An a matter 'of fact, 'the cutting oat of all new works and Hhrchargihj Bp bjF'every department government of large amounts to war expenditure should put the comparison all in favor pf the war Policy of Thrift a Myth The Impression has undoubtedly gone abroad that the war com- menceil the government has Inaugur. attid a policy of thrift In connection with its domestic expenditures. But the Public Accounts, irhlch dp not lie, and which are cpen :ii5 the perusal or every member of -the. public, Indicate clearly that such Impression Is an errpnepus pne, o.ut by the facts.. The Public Accounts show that In both 'Capita! and Consolidated Accounts the expenditures for the; two fiscal war yean hare been great- er, and not less, than for the two preceding, antowar yelrsv and tremendously In excess of for the two last yeara Pf the tote Liberal "regime. fii submitting the figures of com- parlies it 'IB to be distinctly under- -'that-1 "no" Hera of war enten -and that, in addition, One ear big rangf 14 head JO head 2- year old steer, faiders) Buy your at Lsth- 100 wtMier Delivery October ZOtli. Ph'ene Hatch Lewis Live Stock psaiirs Acadia Yards lESSYlL OFC.P1 Montreal, Oct. the 36th an- nual meetUiR of the Canadian Pacific railway company, held today, Baron ShuuKhnessy responding request for a statement to rottsure the share- holders who were concerned over rum- ors of his retirement, said that so Ions he continued mentally and physical- ly capable and the directors saw fit to call on him he would ooiitlaue In tho presidential cliatr. bin annual addreai ShaunUnoity sUted that the direc- tore had decided that UIG compnny lliould arrftnpo to carry own fire and marine Insurance. "To that he "a transfer of wae made to the fund last year, add furth- er transfers will be miide year by yean until the fund Is sufficient the purpose In view." The president also explained to tho dirflntors provisions rnada to meet the war taxes on the company tu Canada n.nd Great Brltafn In connec- tion with special war assessments. Although the sum of thesft was not yet known, ho Bald, arrangernents had made to transfer to a "ttihd for contlnffcncIeB" a very substantial Bum, which would also be held to cov- er rehabllltatlou of the Ismpany'a fleet of steamships when released from admiralty service. The directors whose terms had ex- pired, Messrs. W. D. Matthows, A. M. Na'iton and George Bury, wore re- elected. Baron Shaughnessy, in his address presenting the annual report, refer- red to appointmeit by the Domin- ion government of a board experts to study every phase of the railway roblem, and to make a. report in- corporating suggestions and advice that may ssrve to guide the govern- ment In dealing'Wlth the subject here after." J Bucoii ShaiiglincBsy liieutlonuu this fact In dealing with tho situation which confronted otlior railway companies "which received uncouraKoniont ant nupport from the Domiulon and pro vinclfil government in tho shape o cauh bouiiBos ursd .Tuumnteed securi ties with the that hundreds o nilllions of dollars were. Invested in railway Itnof throughout Canada. "It Is to bo refjrettc'Oj" the uaron said, "that a board of this kind was not asked to give Information and ad vice before these large expenditures and obligations were incurred, rather than" ufterwiird, but there is little doubt that Its report and-recomruenda tions will bo very useful to parliament and tho government." mm TO GEI Berlin, Oct. 5, via London, Oct. Efforts to compose the differences be- tween Chancellor von Bethnmnn-HolI- weg and his opponents in the Reichs- which have been in progress since adjournment was taken after the chancellor's speech, apparently have accomplished little. The chancellor's position, however, appears to be .un- shaken, and such information as is ob- tainable indicates that the campaign for the resumption of the submarine activity on the old basis has met with, no success. AGAIN DISAGREES Eegina, Oct. being out an hour the jury, in the supreme court tonight notified the court that it could not agree in the case of C. H. M.L.A., Biggar, charged with having accepted a bribe from the men for his influence i connection with the banish-the-bar biil of 1913, Stating that there was no possible chance of their agreeing, the jury was discharged. ROLL. 6F HONOR Several thousand officers and employees pf the Canadian Pacific Railway Company enlisted for active military duty with the Canadian Expeditionary Forces, and the majority of them are now in Europe, bra'vely battling for Canada and the Empire. As particulars of Army Beservists are not available, these lists of those who have given up their lives for their country or been wounded in action ai-e necessarily incomplete, and do not therefore indicate fully the extent to which the Company'a.officers and employees have participated in the great struggle. IN COMPANY'S SERVICE..-' NATURE OP NAME Aa At CASUALTY Aeott, Thos. Harold Car Cleaner Barnett, John Alfred Yard Cterk Barr, James; Rocord.Clerk Barrbwman, JRobert Wiper Bids, Bslpb.' Percy WIpef Blair, Frank A. Clerk Condon, James F. B. Clerk Craig, Robert A. Apprentice Cuihlng, George B. Brakeman Caries, Allan Bruce Brakeman Doughty, Edward S. Agent Ferguson, James Blacksmith Hlpr. Ferguson, John Fitzgerald. John E. Brekemaa Forster, Gordon Aut. Aeent Hallett, ClaroECB B.Looo. Fireman Hamilton, John Labpurer Harrlson, Roy S. Loco. Fireman Hopwood, Charles Loco. Fireman Jones, William Leslie Joaes Wm. Sydney Trainman Kennedy, Thomas Cpiecker- kerr. George Dcsf IA B: Laing, William Reid Crew Clerk Lore, Percy B. Meweager Leonard, Charles Yardman McDonald, Alex. D. Walter McKenile, Jamee McSwan, Donald Wiper MatthewB, Ray Car Checker Mtedema. Peter Walter Moran. Richard qeneral Helner Muudy, Reginald B. Drill Boy Ntamo.RbbertCrow Constable John Staty. Fireman Orr. Arthur Cecil Hegtster Clerk Orborongh, William Draftamai Parrott, Cecil Lerol Patience. George Loco. Fireman layce, George Painter Place Viger Fort William Montreal Wynyard Swift Current AngU8 Calgary Wounded Wouniied Wounded Killed in action St. John, KB. Wounded' Lsthbridge Wounded Calgary Suffering from shock Angus Wounded Fort William Wounded Brit. Colum. Dim. Wounded Stonewall Wounded Brandon Wounded McAdam Junction Suffering from shock West Toronto Wounded Sutherland Killed In action Wynyard Killed In action ijsheVljrooke Wounded Calgary .Wounded Cranbrook Previously reported missing, now' offlcl- vr ally declared dead Jtfeose Jaw 7 Wounded Winnipeg Wounded Ottawa Wounded Montreal Wounded Fernie- JFortWilliam from shock Calgary Died of wounds Quebec Wounded .Angus Wounded Angus Suffering from shock Montreal Killed in action Sault Ste. Marie'. Wounded Calgary Wounded Cblgary Wounded Keiiora Wounded Fort William Suffering fronj shock North Bay Wounded September 13th,