Winnipeg Free Press

Winnipeg Free Press (Newspaper) - July 12, 1916, Winnipeg, Manitoba Manitoba free july scheme to save millions for Manitoba and Winnipeg evolved for Purchase of provincial and civic securities now held in London and reselling them at a higher Price on the american Aid in allies financing of Edward Brown and mayor Waugh engineered negotiations with Morgan through a plan evolved by Brown and entered by f the province it in a position to reduce City o d City a heir bonded debt by several million and at the same time assist at in financing the Purchase of material in the United the process is simply the Purchase of Manitoba and Winnipeg securities in where the Price is now and placing them in new Canadian credit is excellent where the securities can be Dis used of at a much higher figure than in the old the scheme n with the plan of the British which is mobilizing British to secure greater credit for allies in the United mayor Waugh has just returned from new where he has been negotiating the matter along with Edward credit to soveral months ago the Edward to whom the real credit for tie present is some rime in the consideration the United the matter was naturally thoroughly discussed in the Manitoba Cabinet and full authority was Given to the provincial treasurer to Complete the if it proved possible and seemed the question at the beginning was in time of unparalleled and which will reduce the indebtedness of Winnipeg almost and that of the province As with the prospects of great reductions in in Terest in years to the reason of the refusal being that interest one in which the province alone was rates might conceivably be higher in i but when negotiations had i than they Are at the present reached a certain Point the City of time to ask this question is to an win Peg was invited by Brown ser n Winnipeg and Manitoba will on behalf of Morgan and com Pany to representatives of the Large Bond houses of Tho United states related to the firn of Morgan and eventually came to the City and spent some Days with a staff of checking up the resources of this Western country and securing the most min Ute information regarding its Fin Ancial finally Brown entered into an arrangement repro As the mobilization of United states without entering on a statement of the facts in this connect it May be stated that Brown conceived Tho idea he might borrow in new York and pay the entire debt of the province duo in by this procedure he would m the first place give Aid to the British people in the War financing and in the second place he to Able to save this province of Manitoba or in its capital obligations and also a very Large sum in interest charges through the years to Brown also had the idea Tho City of Winnipeg might come in on the As has noved to be the and that similar great savings might be effected for the amounting to at least three or four million in the Rei almost incredible situations created diction of the total debt and Large by the great Bilam Mist buy sums in interest munitions in the United states Ana Aid in the language of the to the last Man and the last and if the conversion of the entire debt of the province and City is As it probably will be be fore the struggle is the Neces sary Steps will be taken in due idea will it is inevitable that this which was conceived by the treasurer of this province and approved by the Premier and Cabinet of the province unless conditions continue but so far As it May go it must prove satisfactory to All parties the As returned from this trip yesterday and made his statement to the Council last the Edward treasurer for the is still in new working on this in conference with Morgan and a unique the present condition is one of the the British Treasury Board wants credit As it happens was i Canadas credit in the United i be in tin Treasury Nora was i a m consulted and details of the proposals i at thu is better than Tuat submitted to the Best Bond houses in i England and Franco in and the United Ini vectors who will not take the eluding that of Morgan and co of the allies take Canadas a inv Winnipeg alone owes Over Long in and the province Brown made trips to i Over it is obvious that new discussing the question by some onus with the special financial represent great Britain holds ii of great Britain with Morgan and with members of the and that eventually a very consider Able credit for the allies will be provided by this method in new the process will go on from the East to the every portion of the country sharing in the if the needs should become securities will be sold on which there is less profit to the old coun try financiers Are also As is Well known for the mobilization of a mass of Bonds not so readily Saleable but of unquestioned which will be used As collateral secur Ity when new Loans Are floated in the women Khaki clubs rooted representatives battalion auxiliaries drop the clubhouse i move that the question of a club House for Camp Hughes be left in the hands of the military such was the opening Volley hurled by Chown at a representative gathering of women yesterday defying Midsummer had assembled in the Board room of the Industrial Bureau for the purpose of organizing a Western women Khaki before and Chowns motion had the vote of every lady i feel that is too mucin Money to place in this proposed in especially at this continued for it cannot be so very Long until Camp Hughes will be no i would like to see All Money and efforts de voted to the men in the tiring great financial undertaking Morgan which is the general is in known fiscal agent of great Britain in the Germany and France agree on one if on no they All prohibit the Sale of Alum baking there must be a Good reason for it is because Alum was found to be in prices Cream baking powder is made of Cream of derived from a natural food and contains no Alum nor other questionable in prices Cream baking powder made from Cream of tartar derived from grapes great Britain no As us an event of Friday already arousing and province could be at of is the from London to new thei would be promptly accepted there As and could be used in paying for the munitions of War that the allies so much this is exactly the thir that is being two two questions May be asked in this to which answers May be the first of these is How the i British government intends to get i Possession of these securities from the private individuals who hold them i and second Why great i having got of the secur does not ship them to new York and sell As it does certain i american High class which i have passed through the same pro with reference to the method which i great Britain takes to get Possession of the securities which Are held in Britain by private owners the gov United states by great Britain and in these statements the speaker was loyally supported a number of the who were also out spoken in their Howard Lloyd stated that this scheme was on too Large a As did of the 100th battalion feeling that the opposition of tie military to the Erec j Tion of the clubhouse must not be advised that As in the i Case of the 203rd a recreation tent or some other Means of caring for visitors to this tented City personal and social a great Deal of interest fete which is to be Given on the grounds of Boniface by the Gordon Hughes in Aid of thu military Hospital at Deer among those who have promised their patronage for this function Are col and and and and und James 34 Alloway is at present visiting in Cal her which will extend Over miss Dorthy miss Helen miss Willow miss Jeanette Rankin and miss Lulita t the engagement is announced of miss Minnie Cooper to Albert the wedding to take place quietly this Canon and Wharton Gill announce the engagement of Ethel daughter of the late and might be established by the various battalion a mothers speaking a mothers stand of the 27th battalion who seconded Chowns said what if there int every convenience at Camp Hughes for me when i visit there i would Brave a Dou Kobors House to eat with my Why coddle these boys if they cant stand on their feet firmly and squarely what a fall they will have when they reach the land across the in sure the boys resent Titis to remedy this it open their Homes for these poor Fellows who have no friends when they Are Given at the opening of the Charles Shipman had submitted the plans for this place of erected at a Cost of would contain a concert billiard Parlours where men could meet and visit with their it was intended that the clubhouse should be maintained by the various women auxiliaries and supported by private if it was found impossible to establish the club inside the Camp owing to military Regula it was proposed to place it on private property in the course of her ship Man read Many interesting letters from prominent military men Antl other local who wished her godspeed in her work for the Wel fare of the boys in interest ing among these was a letter from sir James in answering her questions about the work of the Khaki clubs in the gave some valuable information about the splendid service that these organizations were rendering in Mon and other Eastern open for following out the suggestions embodied in this and expressing an Earnest desire to do the utmost for the welfare of the men in Camp or in the it was moved that Tho reports of ibis meeting be taken Back to the different auxiliaries and that their decisions As to whether it be advisable to form a ocal Khaki club be returned at the next which is to be held next tuesday afternoon at the same mean time letters Are to be sent to the various commanding officers asking them to suggest to these ladies there in they May be the greatest in speaking of the result of the Shipman said by no Means do i feel that my work has been in have we not doubled two Mont i court to John new Nova the wedding to take place quietly the latter part of this of the 190th Bat left last saturday for to take a special course in musketry at and Wal nut announce the engagement of their to Frank Mit son of William Mainland the wedding to take place the latter part of this r Western mrs Howard Prothero of the number of passes granted each i to week and bettered the condition of of the the present restroom with the for wedding to place m John s mation the Khaki club which j think will come next we will do still greater things for the Wel fare of our pro Cathedral Early in miss Bertha a popular july whose marriage to Moody is to be celebrated was complimented monday evening at a charming miscellaneous Shower Given by miss Margaret 997 Jessie Gay chinese lanterns swung from the Verandah and from the Trees that Dot Ted the while inside a wealth of White peonies and wild Sweet peas had been used As the i Ern ment has established lists of be purities which it is prepared to buy i and to this list additions Are made i is facilities for Selling Are developed 1 n markets where it is of supreme importance to maintain Exchange the government has taken authority to impose special taxes on securities they desire to and the in is of such a character As to j Fusi redelivery of the her Eveline and left i the duties of the second question is Why does not the government of great Britain successful record crowd watches judging at South Brandon july the South Brandon agricultural fair held pretty gifts were conveyed to the guest j Here today Drew one of the largest of Honor in a Beautiful White Chariot crowds on the weather being drawn by two cunning Muriel Mccall and Marion who were held in Check by wee Mary my i i having got Possession of High Grade i i like the Bonds of Winni e j Peg and not Stirp them to i i new York and sell them As they i j would ship and sell the Bonds of the i i Pennsylvania the answer is i that the Bonds being unlisted on the new York and being pay Able in pounds Sterling in there is no Broad Market for them i i and this condition necessitates the i cooperation of the original borrow i who provide securities suitable i i for the new York Market and these aaa atm i Are exchanged for the securities Pur in drive for Moi its Trio allies were storing materials and ammunition in preparation for the big the Way 10 have an abundance of health and visor for Iho bits drive in business is to eat plenty of chased in the exact basis for i the operation being determined and agreed upon before any commitment is not All at once it May be stated that there is no intention on the part of the City or provincial authorities or the new York Bond dealers to convert the entire City or provincial debt at and there Good reasons Why it is not desirable to Deal at All with certain portions of this debt at the present time and under the pres ent of the of the City approximately is selected for conversion and Transfer from the City of London to the City of new and of the debt of the province approximately is Only Long term Bonds can be dealt with profitably at the pres Butternut boy the Quality goes in before the name goes on now when the intense heat of summer weather makes a Kiel is the time to begin using the master loaf of All genuine butter nut the Superior Quality and texture of Butternut bread have made it the Choice of discriminating housewives until More people eat this High Quality loaf than any other one if your family is not now paling Butternut bread there is a treat in store for buy it at your look for Butternut boy on the waxed paper Canada bread i Sherbrook 2018 ent save nearly two conversion of Complete issues agreed the the Adam accompanied by master Billy Bubbs performed Eveline and left the duties of on tuesday night for an extended visit guessing contest formed much to the Eastern amusement for the guests during the i in which honors were awarded a Jolly party which spent the to Zilss Georgie Keith and miss Flor end at Ponemah were Mccreary j ence Reir and daughter misses the treatable had been attractively Grace i appointed reposing in the Centre was Bordeaux a Snoich Parker and a bowl of White while from the and and miss Cuthbert was the hostess at a Kitchen Shower last wednesday Chana Euer above ropes of wild Sweet Peak Nad been suspended to the four Elizabeth miss May Fop l amount which the City would save on the operation would be on principal account the sum of this amounts roughly to 20 per of with master Leslie Watson acting As o father Rector of la is visiting in Boniface and is the guest of his Grace at the Bishops miss Nettie cat and of Are visiting 2j George has left for Sas Katoon to visit her Mur Ray where she will remain for the remainder of the Lieut and Hopper returned on monday from where they spent the past six Hopper will be visiting her 46 Holmes Bathe has returned from visiting her in sir Collingwood and lady Schrieber arrived from the capital yesterday and Are guests at the fort Garry accompanying them were travers Lewis and miss also of of and Galbraith have taken up residence at the fort Mckivor and mesdames w Murker and a quiet wedding was solemnized at Grace Church last evening Between miss Daisy of it eff Lut Wil of comp the anal securities at the present time the saving in interest will amount to about per in the course of years there would in All probability be a very much greater saving in there would also be a gain to the City in i connection with the rate of i the profit in this connection being at least ample to cover All the costs of the conversion of the there j would also in All probability be a gain in connection with the actual Sale in j the United states of the new Securi i ties to be Morgan and company guarantee that these Securi ties will be held at a certain they Are All taken by that House at this on the actual Sale to the Public a better Price is i on half of this profit comes to the province or to the City As the i Case May this is exactly the arrangement made by Brown for the i one element of there is one element of Chance in i connection with this important ears action to which reference May Here Eara i be the new securities to be and his two and Are Visi tors in the making their head quarters at the fort Allan Williams has returned after a seven weeks visit in the her of Mas returned with her and will upend a couple of months in the miss Dorothy 561 Broad has left for fort where she will be the guest of and George Clarke Broadway left last week for and Ofner Points where he will open his Guy of has joined her husband at Winnipeg Beach for a few weeks before returning to bal lies if of the spent Sev eral Days renewing acquaintances in Henry at tended the caledonian being the first time he had witnessed them in that Blackwood was for distinctive drink i i Issue ten the United states will be for ten years and at the end i of that period there will have to be i some new the uncertainty is what the rate of interest will which Winnipeg and Manitoba will 1 have to pay at the end of the ten i Vear period for renewal it i is conceivable that in ten years time the interest rate May be higher it practically incredible that i in 1926 conditions in the world of i finance can be As bad As they Are it May be conceded that they will be and the probability is that they will be so much better that Winnipeg will then be Able to borrow All the Money it can use As cheaply widow of the late senator is visiting 39 East or and Cameron and of Are guests of camerons Moore and of Losgar miss Muriel Webster has left for a two months Holiday in the visit ing Buffalo and and Charles a 876 Grosvenor announce the engagement of their eldest Gwendoline to Charles Bensley Stewart son of and of the following Are some of the ize winners registered heavy draft stallions Over James Mayhew two year Ira Mayhew Best four horse draft team in har Mooney Best two horse team in Mooney boys Best calf Berkshire mop Hail took first in n the latter up to the ume Oli his enlistment been engaged As lecturer at Wesley Fletcher argue and the Cere Mony was witnessed by a number of relatives and including miss Bertha l mrs Jack Ferguson mrs r and j h miss Barbara Ross miss Isabella Jordan Sidney Olivet and master Gardner my after the ceremony a reception was held at the fort Garry Gardner will return to Camp Hughes on july Andrews presbyterian at 4 o the Rev Ashcroft United in miss Flora Mary daughter of and of Poplar Grove to Arthur Archi Bald of Seaford the who was Given away by her wore a dress of Marquisette built Over Ivory Satin with trimmings of lace and French knots and the regulation veil and Chaplet of Orange Slie was attended by her miss Christina gowned in White net Floun cing Over Pink both car ried bouquets of White roses and car preceded by miss Agnes of who acted As Flower the wedding March was played by miss Mckinnon and during the signing of the Mil Ler sane after the Church service wedding supper was served at the Home of the brides the grooms gift to the bridesmaid was a Pearl to the Flower girl a Pearl and to the groomsman military or and fjord left later by Auto or Winnipeg and where they will spend their the Bride travelled in a suit of Castor gabardine opening Over a Blouse of Pink crepe de and a lace leghorn hat garlanded with made in Canada better Una imported they have been making Macaroni a Broad for Over thousand years they Are none tee particular about Quality Over what a contrast to the infinite care taken to insure absolute purity and cleanliness la the Canadian Home of cat Ellis milk Macaroni Hue is a pure food product that delights the heart of the made of choicest hard wheat Semo Lina and Point of Nutriment and to any imported writ for Cook the nature never intended a Han to take chances the m6estive m6m5 soon rebel unless keep your stomach and Uvelt sound healthy condition judicious use of arc vegetable Parmelee s pills thythfh25cabox4u dealers i England the wedding to take place in As it Ever which Means three and Baptist Church on a half per there would in that Rev Leslie Pidgeon and family will left yesterday for the where they will spend the Case be a very Large reduction in the interest effective in disturbing a Good it quite possible that some Citi Zens May question the afternoon Tea and social will be Given by Rose to yuck of amounts to the question whether Winnipeg and Manitoba Are going to re to do something which is Desir Able from the standpoint of Britain you jul feel better and live longer if you keep your bowels regular by the occasional use of Rexall orderlies Loe and 25c at Gordo Mitchell Rexall i t i Ner on Pic drug stores teen to her guests included of Elgin Avenue is spending a few weeks vacation with relatives at fort c a Slimmer time dance will be held this evening in Columbus Hall in Aid of the Catholic club baseball mrs of this who has been in the Euest of her Holt Gur has sailed for England to stay with her Cam miss Grace 242 Edmonton entertained a number of her Small friends monday at a Jolly Din Ner party on the occasion of her Thor from the parents Point of View every reason for la found in Calverio carbolic tooth the pleasant flavour of this famous dentifrice makes it easy to get children to begin taking proper care of their Al they get older like will appreciate the full value of that thorough Antiseptic cleansing which it Mathieus Nervine powders tooth powder your drag flit mils a Calvert 6 Dar Chater Montreal relieve feverish 25 per for Sale if your dealer cannot Supply the Mathieu will Send postpaid on receipt of 25 Furnival phone 312 Colony carpets sewed and furniture repaired upholstered covered final clearance Spring and simmer millinery St Awoods has this year been favored with a volume of business far in excess of any past season and we Are now getting ready for the season with full Confidence that the future War rants preparations such As we have never before at in the meantime these immense Spring and summer stocks of ours must be cleared out and wednesday morning will see the Start of the biggest clearance Sale we or any millin Erv House has Ever thousands of hats Are Here and All must be cleared before our fall goods begin to Cost is entirely ignored in this paring of values and nearly every item bears Cost Marks three and four times the present these goods on Sale wednesday untrimmed shapes our untrimmed shapes run in value from to All Are new fresh goods and the assortment includes hundreds of lace and crepe sailors so much in we have divided our whole Stock into three lots and these will be sold until no de liveries at these 1 Caa shapes from our regular Stock up to loud each shapes from our regular Stock up to each shapes from our regular Stock up to each 370 48c 98c trimmed hats Here is a big some american and some every hat is a Spring or summer Model and runs in value from to divided into four lots and to be sold to first trimmed hats up to hats up to each trimmed up to each trimmed hats up to each Flowers and trimmings at 75c goods on Sale wednesday morning at the new dentifrice a after experiments covering several mermen have produced a delightful Cream it is a perfect entirely free from checks decay by correcting acid conditions and leaves a Cool refreshing after this new dentifrice Cornea in a which is Model of having Large screw Cap and key for be and Aak your Drog Gitt for Khz Tifrit sold by if unable to obtain it Send and we will Send you a demonstrator tube containing enough to enable you to give this thorough write atau for cute Harold Ritchie Kab Mccaul Toronto Canadian factory dont suffer longer and allow yourself to become nervous and these conditions usually indicate a Dis ordered digestive if May be remove the disturbing element and pot your digestive organs in Good working order by taking they Bentiv stimulate the act of the tone the the blood and regulate the these benefits Are particularly marked bar women at such times when nature makes special demands upon their they act promptly and the next time you fed Low spirited and out of take Beecham their thorough action will give Quick Relief ;