The Ottawa Citizen from Ottawa, Ontario, Canada on October 1, 1923 · 5
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The Ottawa Citizen from Ottawa, Ontario, Canada · 5

Ottawa, Ontario, Canada
Issue Date:
Monday, October 1, 1923
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I TIIE CITIZEN. OTTAWA, CAXAA, MONDAY, OCTOBER 1. 123 FIVE 1 'BANK CLAIMED GRUEL INIQUITY foronto Paper Says Deposit ors May Get 40 Cents on on Dollar. Early Payment Decided On. WILL BE RATE OF 25 CTS. ON DOLLAR Announcement by Curator Alleged Loan Made to Rum-Runners. TORONTO, Sept. 30. An early ayment of 25 cents on the dollar a depositors in the Home Bank of anada has been decided upon. The ayment will be made through the ther chartered banks doing busi-ess in Canada. This announcement vas officially made tonight by A. B. larker, curator of the Home Bank f Canada, who is engaged in com-leting his report upon the affairs 'f the bank now under suspension. The payment of the dividend on the leposlts has been arranged through he Canadian Bankers' Association, lie president of which is Sir Fredrick 'Williams Taylor, president of he Bank of Montreal. 'Sir John ird. vice-president of the Canadian Hank of Commerce, is vice-president "f the Canadian Bankers' Association. "Any estimates of value of the assets of the Home Bank of Canada mid probable amount of the dividend must be purely guess work at his Juncture. In view of the fact I hat realization of assets will pro bably occupy a considerable time, it is highly probable that the banks will arrange to advance an amount lo permit of an early payment of "3 cents on the dollar to depositors inr account of their claims. To Assign Deposits. The plan suggested is that depos tors assign their deposits in the Home Bank to the bank at which :hey Intend to draw the initial pay ment, or open a new account. The decision to pay an initial dlv-dend of 25 cents was announced y Mr. Barker in the following brief statement. Claims Cruel Iniquity. The Evening Telegram on Satur-iay intimated that the report of the .'urator into the affairs of the suspended Home Bank will Indicate he following: 1. Depositors in the Home Bank nay be paid back forty cents on the lollar if they wait long enough and he realization of slow assets comes jp to the modest expectations of the urator. 2. The shareholders of the Home Bank will have to pay every cent liat can be collected of their double iabillty. 3. The assets and liabilities of he Home Bank show a deficit of ipproximately 3,000,000 when all he assets are realized, plus the noney of the shareholders and the riginal subscriptions of stock plus he double liability and plus the lepositors' money, except a possible :alvage of 40 cents on the dollar. The Telegram says: "That the ome Bank some time prior to its iuspension, borrowed money in New fork on something like $1,000,000 f securities tn which it had al-eady made loans to the owners is ho gist of a report that is today inding son:e credence tn financial circles. "Depositors and shareholders can ind little reason for hope that they vill get anything out of the quick i ssets. "The quick assets are all gone, 'he curator's report will show that he quick assets were all disposed of or cash before the Home Bank Iosed its doors or are all liable for he payment of preferred claims ifter the bank closed its doors. "The curator's report will show hat the wreck of the Home Bank vas a cruel iniquity as disastrous to lyireholders and depositors as the vreck of any bank in trie annals f Cnnadian finance." Curator's Report Complete. It seems to be certain that the urator's report is complete, and al-eady in the hands of the authori-ies of the Canadian Bankers' Asso-iation in Montreal, and the minister f finance at Ottawa, says the Tele ram. The curator's report has jus-ified, or will justify, the worst es-imates that were-made seven weeks go yesterday, when the Home Bank iosed its ' doors. The. report has shown, or will how, that the liabilities of , the lome Bank call for the payment of he following losses: Shareholders fully paid up stock, 1.960,000. . Shareholders'- double liability, if ully paid up, $1,960,000. Possible loss to shareholders, $3,-20,000. Depositors' money in open ac-ount, $7,208,281. Depositors' money in savings ac-ount. $12,080,454 (less ultimate sal-age of forty cents on the dollar for eposltors)'. Depositors' probable loss on de-lositors' money, $11,000,000. These are the figures of the bank eport for June, the last one made. The curator's report will be sad nd tragic .reading for the share-olders and depositors In the Home tank. The curator's report has hown or will show the following lg sources of shrinkage or loss on noney loaned by the Home Bank: 1 Loaned to one prominent spectator and his associates on subur-an lands for sub-division purposes, 1,400,000. 2 Loan to backers of New Or-eans Street Railway, including , a fell known federal politician, 11,-00,000. Loan to Montrealers. 3 Loan to Montrealers said to be ntsrested In rum-running and other maritime ventures, $1,100,000. 4 Loan to Western Canada Pulp and Paper interests ( not the Whalen companies) about $2,500,000. Two other items must be added to the $6,000,000 bad investments, enu nierated in the above record' of losses. The labors of the curator will show in general that after the shareholders' money is gone and the depositors' money is gone, there will still be a shortage of about $3,000.- uoo in comparison between quick liabilities and assets. The curator's report has left or may leave some loop hole for hope that the slow, realization of the as sets may ultimately give back to the depositors something more than forty cents on the dollar." A. B. Barker, the curator, left the city Friday night and confirmation of the above report could not be obtained. It is stated that copies of the report are on their way to the department of finance. Ottawa. Mystery of Ship Ownership. What is the British Dominion and Investment Company and its connection with the suspended Home Bank? is the question being asked here. Letters patent were granted to the British Dominion Holding and Investment Corporation by the secretary of state on December 20. 1920, and published in the Canada Gazette of January 15, 1921. To say that the charter is wide is to make a conservative estimate of the powers it gives. That the president of the Home Bank was president of this corporation and the secretary of the Home Bank its secretary, is the statement made here. This is by virtue of the fact that the Home Bank owns nearly all the shares, it is said. Investigation shows that the corporation in question owns and operates two ocean-going steel vessels under a charter as wide as the broad Atlantic on which they ply. West Indies to Clyde. They are, according to the registers at the port of Montreal, the Vaudreuil and the Paipoonge. In the middle or r.'.ay this year, the Vaudreuil arrived in the West Indies. She left in June and as late as August was in the Clyde in Scotland. The last recorded trip of the Paipoonge from a Canadian port was when she sailed from Montreal with a "cargo of cement," her destination being given on her papers as the West Indies. Marine officials eay that the Vaudreuil visits the Newfoundland district and is well known there. These two boats, according to the bank director who told the Toronto tar or the bank s condition with the corporation, are "owned by the Home Bank." in light of the facts that he had previously given. We Are Ready With an Unusually Complete and Varied Assortment of FA MERC AMD in Every Section Bright New Style Garments For Fall Are Shown in Profusion-Our Values-Your Inducement to Buy r 1 : 1 . McLINTOCK'S ENGLISH COMFORTERS Guaranteed down proof. Covered with good quality art sateen having: panels in contrasting shades r edges piped. Colors blue, royal, rose and black. Size 60 x 73. Reg. sale price $13.75. Fournier's Sale pi $11.95 Bedding Main Floor. J MR. BARNARD'S VIEW. MONTREAL. Sept. 30. "I cannot eay anything at all about the matter," said Mr. C. A. Barnard K f! of Montreal, one of the directors of me aeiunct Home Bank, when informed on Ssturday afternoon of the reported finding of the curator iii the case. "I simply await further information. It is probable that, following the finding and the official announcement by the curator, a meeting of the board will be called to discuss ways and means of dealing with the situation." Regarding the intimation that certain loans had been made by the Home" Bank to politcians and certain Montreal interests, Mr. Bernard said: "To my knowledge no such loans were made. I believe that further investigation will disprove any such rumors or conjectures. I do not think for one moment that loans of such nature were made." Advance Prom Other Banks. The Montreal Standard says: "From a reliable source the Standard is informed that the Canadian banks are prepared to advance the sum of twenty-five cents on the dollar to the ordinary depositors of the Home Bank of Canada. This is not known definitely but from the source from which the statement emanated there can be little doubt that the depositors of the Home Bank may accept the statement as absolutel! reliable." REPORT NOT RECEIVED. Nothing was given out for Dubll- cation at the conclusion of the Cabinet Council meeting yesterday after- LINENS Towels for Gift Giving Old Bleach Pure Irish Linen Colored Huik Guest Towels, plain shades of blue and rose, also plain shades of gold, blue, rose with damask wreath in one end for initialling. All beautifully hand-hemstitched. Reg. 95c value. 7Q On Sale each I tC Old Bleach Pure Irish Linen, very fine quality Huck Towels. Size 20 x 36. All plain with small colored one-inch line at each end, in shades of blue, rose and gold, each hand hemstitched. Worfth $1.25. CQ On Sale at each OUC Pure Linen Table Cloths, size 70 x 70. Made of fine grade table damask. Selling reg. al $5.25. On Sale fA at each dJt.fJU Linens Main Floor. WOOL BLANKETS 10 only Pure Wool White Blankets. Size 56 x 76. Suitable for single or three-quarter bed. Border In pink or white. Worth $8.95. On Sale, while J QP they last tjO.iD Bedding Main Floor. HOSIERY At Bargain Prices. Boys' All Wool 2x1 Rib Worsted Hose, an exceptional quality for hard wearing service. Sizes 6 1-2 to 10, reg. 75e. Very 59c Mercury Cashmere Clox Hose for Ladies. Also English Coating Eibs. Shades of Black, Brown, Grey, Sand, Fawn and Sil ver; reg. au.ou. very special at.... .. A GLOVK SPECIAL Ladies' Chamoisette Gloves, shown in self or- colored points. Shades of Natural, Fawn, Beaver. Light and Dark Grey, all $1.25 sizes, reg. $1.; On sale at Hosiery and Glov Main iloor. value. 89c -, LADIES'. READY-TO-WEAR LADIES' COATS Just arrived, a shipment of Tricotine and Poiret Twill stylish Coats, each exceptionally well finished, braid trimmed, full silk lined, made with the popular chin collar. Shades of Navy and Blue. Worth $45.00. Very special Q) LADIES' DRESSES A showing of Silk, Canton Crepe. Wool Crepe and Poiret Twill in advance styles, exclusive to our trade : reg. worth $25.00. I "J 4 QT Very special. . ..... P A Jtt7t) CHILDREN'S DRESSES All Wool Navy Blue Serge Dresses for kiddies, made with pleated skirts, aiiddy effect blouses, reg. d A r7T $5.50. Very special . . tykmlD UNUSUAL Fdanilfr'i Sal Special are creative of rrnl vnlue. and are alo economic op-portunittr for the thrifty It has been Hiitd that nt Fonrnler' one may always look for unusual value all through the store and such I really a fact, for tn every nectlon of every department Item are dlaplajed for cany selection at unusual prirtnss. t ome and see and nvc. A. A ro l. It A IKK Limited. Hi? ft; i is .. y li' S r THE MEN'S SHOP Ladies' Underwear, high grades of Harvey and Watson' Kali and Winter weight vests and drawers, all sizes, reg. $1.08. Very special at, Of per garment , . . .. tpXsU Children's Fleece Lined Waists, very fine quality, natural and white, al! sizes, reg. $1.00. Very special fjtg Jtcady-to-Wear Second Floor. Men's Shirts, Featuring a special purchase of woven stripes, Percales. Madras, Zephyrs, etc. Popular makes, "Tooke." "Arrow" and Lang. Every shirt guaranteed. Sizes 14 to 17. Special (j(y at each Himltlt) Men's Heavy Ihire Wool Ribbed rntlerwi-ar. Tiger brand shirts and drawers. Sizes 34 to 44. Special garment OX.eJt Men's Shop Malu Floor. Boys' Hats and Tarns Velours, Velvet Tweeds, etc. Colors: Brown, Navy, Grep, Black. Beg. values to $3.00 Sizes 6 1-4 to 7. QO Very Special each .. 7oO Boys' and Youths Shirts. A showing of neat Striped Percales with separate collars to match. Popular shirts for ths particular boy. Sizes 12 1-3 to 14. Repr. worth J 1.75. Very Special Q- iQ at each 5A'l7 Boys' Shop Main Floor. J FOOTWEAR At Big Reductions. Misses' and Boys' Boots. The boys' are black and brown calf and elk. The misses' are a good quality Don-gola with high tops; reg. $3.50 values, sizes 11 to 2. Specially priced for Tues- 10 EQ day v tpUU Ladies' Cushion Sole Boots, a wonderful boot for nurses . or general-wear, made on perfect fitting last, with rubber heels; sizes 4 to 8, reg. $5.00. On dQ QC sale at .. tPOtVO Main Floor. DRAPERIES AT BIG REDCCTIONS Curtain Marquisette, 36 inchrt wide, a superior quality, shown with fancy hemstitched bordert and tape edge white and ecru, Reg. 75e values. On QQ, sale, per yard .... ... OiC Imported Chintz. 38 lnchei wide. A showing of pretty designs and colorings featur. ing the shadow effects. Reg. 75o values. On sale for a few days only, Cfl per yard OUC Draperies Second Floor. Seward's Toilet SOAP A good quality hard milled Soap, shown in 3 odors. Worth 10c. On Sale J at per cake . Main Floor. IK. r s r f Says C.N.R. Had No Inkling of Condition of the Horne Bank. TORONTO, Sept. 30. "No poli- noon. Rt. Hon. W. S. Fielding, act- tlca.1 influence or influence of any sort instigated tne deposit," declares Sir Henry Thornton, president of the Canadian National Railways, in a statement relative to the million dollar deposit of the C. N. R. in the Home Bank last May 28, and which was withdrawn June 2. "The board of directors of the Canadian National Railways meets on the fourth Monday of each month," he proceeded. "At the time of the meeting prior to the making of the deposit it was suggested by Mr. Cough that the Home Bank be given a share of our banking business. Accordingly, a deposit of $1,-000,000 was ii.&C.::. Lai ?: rnsftJned in the Home Bank for a few days only, as shortly after the deposit was made, it was brought to my attention that Mr. Gough was an active official of the bank. "There is nothing more natural than the fact that we should give a portion of our banking business to Toronto, where we derive such a large portion of our revenue and which is the very home of support for public ownership. "I can say with complete assurance that, with the exception of Mr. tlough, not one official of the National Railways is in any way connected with the Home Bank. What is more; no one suspected that the affairs of the bank were in any way Involved. For myself, the first intimation I received of the bank's difficulties was the news in my morning paper." 1f Advisory Capacity. Asked as to the attitude of the National Railways toward the banking connections of Mr. Stewart, director of the Bank of Montreal, and Mr. Decary, director of Le Banque Nationale, who are also directors of the C. N. R.. Sir Henry said: "We consider that the connection of these gentlemen is entirely different from that of Mr. Gough. They act in a more or less advisory or honorary capacity, while Mr. Gough was an active official, concerned with the policy and management of the bank. ''The keynote of the whole situa-tion Is this: The transaction could Ing Prime Minister, declined to comment upon a report that a Fed eral investigation into the affairs of the Home Bank would be ordered. He also stated he had not received the curator's report to the Bankers' Association. OTTAWA MAN WAS DROWNED IN WEST Relatives of Mr. James J. Hawkins, who was reported in press despatch from Nelson, B.C., to have been drowned in Kootenay Lake near Nelson, along with Mr. J. Rutherford, of Rossland, on September 27, received confirmation of that news on Sunday morning from Mr. Haw-kins' widow. It was reaorted that the two men were drowned when the boat which they were in upset, but the details of the accident have not been received here. The late J. j. Hawkins was the son of Mr. and the late Mrs. James Hawkins, 60 Spruce street. He was in his forty-fifth year, having been born in Ottawa in 1878. He received his education at the public schools, and on completing this he went west about twenty years ago. Prior to his departure he was a well known athlete, participating In various branches of sport, notably lacrosse. He is survived by his wife and two children, Marjoric and Herbert, who reside at Nelson, B.C., and his father, James Hawkins, 60 Spruce street, his sister Pearl, and brother, Frank, both of Ottawa. Arrange Inductions. (Special to The Citizen) CARDINAL, Sept. 30. -At an adjourned meeting of the Brockville Presbytery held at Cardinal Friday afternoon, Sept 38, arrangements were made for the Induction of Rev. E. Smith, formerly of Oshawa, into the charge of Williamsburg, Winchester Springs and Colquhoun, to take place Oct. 16th, and of the Rev. McKenzie of Prince Edward Island, Into the charge of Morrisburg. hardly be termed questionable if It had been made knowing of the condition of the Home Bank. When I say that we had no Inkling whatever of the state of affairs, I believe that it should completely clear up all comment. RE-ELECTED FOR TWENTIETH TERM At the Ranges As pure as they are (Shtele dainty Is Tie Original Candybated Chewing Qum 3)4 It 64 Mr. A. J. Freiman Again Honored by Congregation. Mr. A. J. Freiman was re-elected president by acclamation for the twentieth term of King Edward avenue synagogue, at the annual meeting held yesterday morning. The resignation of the vice-president, Mr. W. Abelson, was received with regret as Mr. Abelson has been associated with that office for the last thirteen years. Mr. S. Katz was elected to succeed Mr. Abelson. It was decided to engage Rabbi Ir. Harry Cohen of New York, for one year. Rabbi Cohen occupied the pulpit of the Kins Kdward avenue synagogue during the New Year holidays. Mr. L. Davis WM6 re-elected treasurer, and Mr. B. Pearl was also re-elected secretary. The following trustees were re-elected to office: Mr. C. Caplnn, M. Gold-field, J. Holzman, L. Petergorsky, and Dr. Nathanson. Mr. G. Davis and Mr. J. Richter were also elected. Those appointed on the Hebrew school board include Mr. C. Caplan, B. Pearl. B. Goldfield, N. Mctrick, Mr. Berlin, J. Golub, W. Shenk-man, Laz. Greenberg, J. Richter, and L. Davis. PREDICTS LABOR IN POWER BY 1926 (Canadian Press Cable). LONDON. Sept. 30. Patrick Hastings, K.C., and Labor M P.. speaking at Walk-end last night said me uoerai party would never return to power. There would, ha said, be a Labor governmest elected in 1926 with Ramsay MacDonald as premier. Mrs. Wilson Passes. Mrs. Jessie Olive Wilson, wife nf Mr. Ernest Wilson, 4 Harvard avenue, Ottawa South, died on Saturdav at a local hospital. The lata Mrs. Wilson was born in New York city, uaugnier or jvir. ana the late Mrs. Kenneth R. McDonald, and had lived in Ottawa for the last twenty years. She was 30 years of age. Besides her husband she leaves one daughter, Dorothy, aged six years; her father, Mr. K. R. McDonald, Ottawa; three sisters, the Misses Margaret and Catherine McDonald, both of Ottawa, and Mrs. D. R. Somerville, London, Ont., and seven brothers. Kenneth C, G. Douglass. Daniel. Hubert, Krlr. and Neil of Ottawa and Ivan W., New York. The funeral will be held from her late residence, at 2.30 o'clock Tuesday afternoon to Beechwood cemetery. The funeral service will take place at 2 o'clock. Appeal in the Schools. In connection with relief for the earthquake sufferers in Japan, the president of the Ontario Red Cross. Mrs. H. P. Plumptre, has appealed to the .teachers and children of the schools of Ontario ;for help In raisin? a fund sufficient to do good. The letter states that the premier, Hon. O. H. Ferguson, thinks that the school children of Ontario should be given an opportunity to make a special contribution for the Japanese children through the Junior Red Cross. A copper for each child in the schools would raise $5,000. OSAKA. Sept. 23. A severe vertical earthquake occurred here and at Kobe at 6.55 o'clock this morning. No damage is reported. Toklo and J HEADQUARTERS R.A. 600 600 00 Tl Lt. E. Haines. R.X Maj. D. K. D;war , Sgt. D. Stuart Capt. A. V. Browne Mr. O. Handley ... Sgt. K. C. Steele .., Mr. J. A. Turney . . Mr. G. Sewell Sgt. P. V. Shepherd Comdr. Phillips, R.O Mr. R. B. Mathieson Pte. A. Hoffman ... Capt. J. J. Scanlon . P.O. W. Pentecost . Sgt. V. N. Brooks . . Mr. W. Staveley - . Lt. Hibbard. R.C.N. Q.M.S. H. Swales . . . Lt. Lindsay, R.C.N. , Brig.-Gen. Winter . Mr. L. L. Lister . . . ('apt. W. P. Morling Mr. J. Ware First class snoon. Major Dewar; second class spoon, Mr. G. Sewell; third class spoon, Sgt. F. N. Brooks, R.C.A.F. This is the last association spoon shoot of the season, accordingly all members of the association are requested to return their rifles to the quartermaster, Sgt. D. Stuart. Fifth Floor, Woods Building, during the week. 31 32 31 34 27 31 26 28 23 30 25 32 26 27 22 28 27 29 26 26 22 2 20 34 25 2 26 27 15 31 24 2'. 21 28 27 25 22 28 22 24 20 26 22 28 23 211 16 27 10 20 35 98 29 94 30 88 33 86 32 85 2784 30 83 33 83 2682 30 82 31 82 2680 28 26 79 2578 2978 2578 2776 2375 25 75 2975 2773 2272 2366 1-74 7 D. E. P.l.D.6. The following were the scores made by the P.L.t.G. Rifle Association on Saturday afternoon at Rock-cliffe rifle ranges. 60') 6"0 zoo T l 27 32 2988 24 30 2983 22 23 3378 21 26 2774 19 27 2773 13 25 2563 15 22 2067 9 24 2467 Sgt. H. Wyse .. Pte, Harrison ... S.S.M. Smith .... Tpr. McCallum SgL Carroll Tpr. Bell Sgt. Mortimer . Tor. McCraiken Third class spoon winner, Tpr, V. N. McCallum. This is the final competition of the season to count in the aggregate scores for the cups awarded by the Rifle Association, and also for spoon competitions. However, weather permitting, shooting will be continued next Saturday afternoon and the following Saturday, October 13, 1923. THE G.Ci.F.C. C.Q.M. Sgt. II. Bishop was high man of the Guards' ltifie Ass'n on Saturday afternoon with the fine total of 98 points, and also made a possible of 35 points at 200 yards. There was a very good attendance and the young shots have improved very much this season and are now making very good scores. The fol lowing are the scores made: 600 500 200 T'l C.Q.M.S. H. Bishop . 30 33 3598 Sgt. S. Dawson 3t .Sgt. S. Dawson ... Lt. H. W. Patterson . 30 Pte. W. E. Bennett . 30 Cadet Lt. H. Davison 26 Pte. H. Loekeberg .. 27 31 Sgt. C. II. Tyers .. Bugler R. Barker C.S.M. S. Wilis ... Pte. W. Livingstone Pte. J. H. Davison Sgt. G. Hughes ... Pte. R. H. Eves . . C.Q.M.S. H. Malllene 19 corn. c. Briendahl Bugler Schwerdfager 15 rie. s. t:ralg . . Pte. K Richards 28 32 32 27 25 26 23 27 30 3293 3393 3092 29 3.192 SO 35 91 32 90 30 3 390 2987 3185 3384 31 80 19 27 3373 19 9 21 9 13 3576 2671 23 66 28 60 29 59 2951 COMPLETE 500 MILE INSPECTION TOUR Mr. A. W. Campbell, commissioner of highways, and Mr. H. K. Car-ruthers, secretary of the board of trade, returned on Saturday from their five hundred mile inspection tour of the Ottawa, Point Fortune, Montreal highway, and the Montreal to Kingston, via Cornwall and Kingston to Ottawa via the Rideau Lakes route. The commissioner was very much Impressed with the amount of work accomplished in tho time construction had been in progrem and noted particularly that in almost every instance local labor was requisitioned. Many contractors complained to him of the shortage of men In the vicinity, which had delayed work considerably. Outside of about twenty miles between Wen-dover and L'Orlgnal, the Ottawa to Montreal highway is .in excellent LEAGUE OF NATIONS HAS STOOD THE TEST Opinion at Geneva That the Greco-Italian Settlement Proved Importance. GENEVA, Sept. 30. After n month's session during which the period of the Greco-Italian crisis had been passed through to a final solution of the difficulty, the fourth assembly of the League of Nations adjourned yesterday In an atmos-phero of satisfaction among the delegates for the achievements of the session and a firm hope in greater accomplishments in the future. Dr. Cosme de la "Forriente. of Cuba, president of the assembly. In an eloquent valedictory address expressed confidence that the day would come when all the nations of the world would join the league. He hoped that Ecuador, which signed but did not ratify the ireaty of Versailles, would become a member, and that Mexico and Santo Domingo would also adhere to tha worli body, and he urged that the members which this year abstained from participating Argentina, Peru, Bolivia, Guatemala and Nicaragua-would take part in future assemblies. World I'clt Kaslcr.' Reviewing the work of this year's meeting, the president praised the wisdom and skill displayed by the council In the Greco-Italian dispute. Everybody, he said, was anxfous and uneasy, fearing a wide-spread war and when the difficulty was settled, with the close collaboration of th-a council of the league, the whole world experienced a sensation of relief and satisfaction. "The test to which it was subjected gave an opporlunity for oil to realize." he said. "How great importance for humanity the League of Nations an organization which ACTION BY GERMANY Poincare Says Sullen Proclamation of Unavoidable Truce Means Nothing. AILLYWOOD, France. Sept. 30. "The sullen proclamation of a truce she could not avoid is nothing; it is what she does that is everything. We await Germany's acts." This was the keynote of Premier Poincare's first Sunday speech delivered before a large assemblage here. "Germany has abandoned the idea of laying down conditions," said M. Poincare, "that is well. But we shall not have made a step towards the alleviation of restrained conditions unless Germany shows real desire to enable results to be obtained from the seized guarantees in the occupied territories, or if she expects France to change her policy, or If she cherishes the se cret hope of obtaining advantages in return for more words of resigna tion. "The moment has not yet come for us to believe that our task Is ended. Tomorrow's work Is more difficult than that we have accomplished." M. Poincare began his address by repeating the reference he had made the previous Hunday to those in Germany and perhaps elsewhere who find his weekly repetitions tedious. declaring they would continue until France's claims had been justified. Does Hot Understand. "With what Joy shall we remain silent the day Germany understands." he exclaimed. "But she has given us daily fresh proof of her lack of understanding. "Germany has just surrendered on an important point, in declaring that she was obliged to cease resistance in the Ruhr." continued the premier, "thus recognizing that the mad quandering of her resources prevented her front going on with the miserable enterprise which was condemned by the population affected. "Germany's attempts to cover her retreat by blank cartridge volleys Is but human. But why this braggadocio, these threats and damp thunder bolts? "Thus we are to remain on guard and continue these weekly medita-tions BERLIN-LONDON AIR TRIP IN SIX HOURS (Canadian Press Cable). LONDON, Sept. 30. A new re cord has been made on the Berlin-1 London airway, the distance havin? been covered in six hours fiyinh-time at Hamburg and Amsterdam. The record-making-machine carried ' three passengers and freight and i i Dr. Scholl's Foot Balm ,T,SV is r!'n' i j r I j ' .mwm soothing, healing, L-Ora Mayor Ot London. j cream-like preparation with analgesic LONDON, Sept. 30. Sir Louis' properties. Relieves pain and gives feet Newton was on tiaturdav elected as i coolm. restful feelinr. It heals. e1immotQ Lord Mayor of London for the en-1 soreness, tenderness, irritation and stimulates suing year. Sir Louis was senior I healthy skin action. 40c per jar. sheriff of the city in 1916-17. and I J . was knighted in the latter year. He i f)r Srnflll Fnnr Pnwrler h's k "a ideal antiseptic foot powder for hot, tender, perspiring feet. It is soothinu, cooling and restful. Eliminates distasteful foot odors. 40c per can. Is growing more and more respect ed nad acquired." j Emphasizing the. friendly spirit' .which had dominated all the delib-l erations. Dr. Torriente declared1 there could be no more admirable spectacle than the statesmen of so-many nations working together in, perfect amity and sympathy, what-i , ever their differences. He particu-i larly mentioned the local and effecti tive co-operation of the representa-' tives of France and Great Britain, i There was an Increase of over twenty millions in the rovenucs of the department of customs and excise during the six months now end- ing, over the corresponding period last year. The total revenue of this-department, according to a state- ment Issued Saturday, was over 15V millions as compared with 131 mil-' lions for the similar six months of 1922. : ' The increase in revenue was chief-' ly in the sales tax and other excise taxes, though there was a consider-' able rise in the income from cus-' toma duties as well. The revenue from sales and other excise taxes for the six months Just closing was 62? millions against 46 millions in 1922; and the revenue from customs du-,' ties was 69 millions this year as com-.' pared with 66 millions a year ago.' The revenue from excise duties on liquors and tobacco for the six months this year was 19 millions 9 against 18 millions for 1922. The increase in the total revenues of the department for the month ot September was less than a million, the total for September 1923 beln $25,424,000 as against $24,010,000 in. September 1922. The month of Sep. tember by itself showed an increase of a little over a million in income from customs duties and about half, a million increase from the sales and other excise taxes. The revenua from liquors and tobaccos for the month shriwed a decline. Hot, Tender, Aching Feet Thousands of people, especially tn hot weather, fufier intense agony from hot, burning, tender, raw, perspiring feet. DXScholTs "3" necessities absolutely relieve this trouble and eliminate the cause. The formula for this successful foot treatment has been carefully worked out by Dr. Wm. M. Scholl, the eminent foot Specialist. Dr. Scholl's Foot Soap fJ&vZ kneaded into the skin increased blood circulation is produced. This operation opens np the pores, loosn3 the secretions, purines, deodorizes, softens and relieves tired, aching feet, burning soles and produces a healthy, sanitary condition. 40c per can. was born In London, December 17, jooi, a son ot tne late Beuben Newton, of Macclesfield. Steamer Arrivals. New York President Wiljon. Naples; Carmania, Liverpool; Columbia, Glasgow. Queenstown Cedrir. New Tork for Liverpool: Caronla, New York. Plymouth Mongolia. New York. Antwerp Lapland, New York. Glasgow Concordia, Montreal. rians have been prepared for a new main road bridge at Rother- h!im in fnut SOU HA These three preparations, known the world overai Dr. Scholl's "3" Necessities, are sold by all good shoe and drug stores at 40c each, or $1.20 per set. special introductory size 40c. Get an outfit today and enjoy comfortable, healthy, sanitary feet once again. THE SCHOLL MFG. CO., Ltd. 112 Adelaide St. E. : Toronto NEW YORK CHICAGO LONDON ' - PARIS E12 Dr. S'hnll l Foot Bairn Dr. ScJKiTt foot Pmif

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