Sherbrooke daily record, 17 février 1925, mardi 17 février 1925

[" Sherbrooke Daily Record Established 1897.\t\t\tSHERBROOKE, QUE., TUESDAY, FEBRUARY 17, 1925.\t\t\tTwenty-eighth Yeal WASF\tIINC\tTON\tWILL GRANT REC\tlUESr\tr of\tM.C.R Collins\tDec\tid - Rf r\tîduction In Estimates\tTaoli\ted In \t\t\t\t«\t\tHouse Maine Central\u2019s Plan To Abandon Hereford Road Indications Are that U.S.Inter-State Commerce Commission Will Allow Maine Central Railroad to Pay $480,000 for Line Running Up to Canada, in Order that it Might Immediately Abandon the Property\u2014Examiner Recommended that Railroad Be Allowed to Take Step It Desired\u2014Examiner Found that Canadian Company Had $800,000 in Par of Common Stock Outstanding and $800,000 in Four Per Cent.Bonds, But Maine Central by Terms of 999-Y ear Lease Was Obligated to Operate Line\u2014Situation as Viewed in Canada.[NET EARNINGS OF CM.LAST YEAR $17,244,251 While Gross Receipts Were Reduced, Economies in Operating Expenses Were Made to Extent of $14,361,907.(Associated Pr.ess Despatch) MONTREAL, Feb.17.\u2014The net earnings of the Canadian National Railways, after payment of operating expenses, amounted to $17,244,-251 in 1924.Final figures giving the operating results of the system during the year were announced today by Sir Henry W.Thornton, chairman and president.These figures show that while prevailing business conditions and a smaller crop reduced the gross receipts of the company by $16,647,305, as compared with the fireceding year, economies in operat-ng expenses were made to the extent of $14,361,907.As a result of these economies, net earnings amounting to $17,244,251 were produced.The final figures for the year are: BILLY POURS Sunday King Is II! Today With Bronchtis «IN ESTIMATES PROVIDE FOR EXPENDITURE OF $342,036,597 DURING COMING FISCAL YEAR Despite Restless Night, King George\u2019s General Condition Is Satisfactory\u2014It Is Understood Indisposition Is Taking It^i Normal Course.Is a Reduction of $6,933,279 as Compared With Total Estimates for 1924-25\u2014Premier King Will Make an Announcement in Commons This Afternoon Respecting Reimbursement of Home Bank Depositors\u2014-No Provision Made in Main Estimates for Reimbursement of Depositors\u2014Correspondence Regarding the Geneva Protocol Still Being Carried On.(Associated Dress Despatch-) LONDON, Feb.17.-\u2014A bulletin issued at Buckingham Palace this afternoon on the condition of King George, who was annouriced to be suffering from a feverish cold, said His Majesty had an attack of bronchitis, due to influenza.Despite a restless night, it added, his general condition was satisfac- o William \u201cBilly\u201d (Associated Press Despatch/ WASHINGTON, February 17.\u2014An investigation by the Inter-State Commerce Commission indicated yesterday that the Maine Central Railroad would be allowed to pay $480,000 for a short railroad running up to Canada, in order that it might immediately abandon the property.The railroad which it is proposed to purchase is known as the Hereford Railway Company and operates fifty-three miles of line from a point on the Maine border to Lime Ridge, Que.The examiner assigned to consider the Maine Central\u2019s application for permission to buy the Hereford property found that the Canadian company had $800,000 in par of common stock outstanding and $800,000 in four per cent, bonds, but the Maine Central by terms of a 999-year lease was obligated to operate it.During recent years rentals under the lease and the cost I Operating1 revenues .$65,938,275.20 say MacDonald\u2019s resolution declar-jHis Majesty, of operating have run to about $250,000, while the highest:\tthe TatSa^o?SEtSof annual return the Maine Central has been able to obtain' Atlantic Region \tjduties must lead to a system of gen- Melton Moabray, visited tne palace from the line in a year was $1 18,000.In order to break the c>Peratin^ revenues .$20,721,399.54 eral tariffs.\tand remained for luncheon.| Operating expenses .24,266,403.78\t.-.-.\u2014 -.-.-.(Associated Press Despatch) IT AW A, February 17.\u2014Main estimates providing for an expen-di ture of $342,036,597 during the coming fiscal year, were tabled in the House of Commons last night by J.A.Robb, acting Minister of Finance.This is a reduction of $6,933,279 from total estimates for 1924-25.The Premier will make an announcement in the House of Commons this afternoon, respecting the reimbursement of Home Bank depositors.No provision was made in the main estimates for reimbursement of the Home Bank depositors.Correspondence between Canada and Great Britain concerning the tory.The bulletin was signed by Lord 1 Geneva protocol for the pacific settlement of International disputes is Dawson, physician extraordinary to : still being carried on, Premier King informed the House of Commons last the King, Sir Milsom Reese, and Sir\tnight, when the consideration\tof\ta\tnotice of motion for\tthe\tproduction \u201e\t -\u201e\tFrederick Stanley Hewitt.The fact\t0f tj,e correspondence was before\tthe House.The Premier\tstated that the took\tgreat\tdelight\tin\tofficiating\tat - morning raised fears that the King's :\tcorrespondence would be tabled\tlater\tin the session before\tthe\tdebate on the\tlast\trites\tfor 4,000\tgallons\tof Tllness was worse than had been j\tthe protocol took place.Operating revenues\u2014 1924 .$235,688,182.55 1923\t.253,135,487.61 Decrease .$\t16,547,305.05 Operating expenses\u2014 1924\t.$218,343,931.07\tassorted\tcontraband\tliquors\tat\tthe 1923 .232,704,838.53 Decrease .$\t14,361,907.46 .\u201cT.$17,244,251.481BALD™ GOVERNMENT 1923 .20,430,649.08 Decrease .$ 3,186,397.60 The result by regions in 1924 were: Central Region\u2014 Operating\trevenues.\t$114,564.818.39 Operating-\texpenses\t98,131,371.43\tment\twas\tvictorious\tin\tits\tfirst Net.$\t16,433,446.96\tbrush with the opposition when by Western Region_____\tjvote of 335 to 146 it defeated Ram-j is nothing seriously the matter with | to which he j Memphis, Tenn., courthouse.¦\u2014 - VICTORIOUS IN ITS FIRST BRUSH WITH OPPOSITION (Associated Press Despatch) LONDON.Feb.17.\u2014The govern- BLAMES FISCAL POLICY FOR COUNTRY\u2019S ILLS thought.It was pointed out, hox\u2019-ever, that -these physicians invariably have a consultation when the King\u2019s condition is anything but normal, and the issuance of the bulletin allayed the uneasiness.It is understood the indisposition : is taking its normal course, and the The debate on the Address was con fact that Queen Mary has decided to tinned in the House of Commons attend the concert at Albert Hall yesterday afternoon.The first this evening, to hear Paderewski, ' speaker was W.F.Garland (Oon-who is playing for the British Leg - servative.Carleton).He disapprov-ion, is taken to indicate that there | eci 0f the Government\u2019s fiscal policy ascribed murh of the (Associated Press Despatch) OTTAWA, Ont., February, 17.\u2014 lease and abandon the line, the Maine Central sought per mission to buy the common stock of the Hereford Company and the examiner recommended to the Commission that the Maine Central be allowed to take the step it desired.WHAT CAN BE DONE TO PREVENT THE CLOSING DOWN OF THE LINE?The above despatch indicates that the Maine Central's plan to abandon the Hereford Railway in Canada is proceeding towards accomplishment.1 he Maine Central's lease is with the Hereford Railway Company as repre-«entc-d by its shareholders.The Maine Central proposes to buy up this common stock or a majority of it.Us lease will then he virtually with itself.It can then call a meeting of the Hereford shareholders and vote cancellation of the lease and abandonment of the line.This is apparently the proceeding it has in, .mind and the Washington des-\tf meantime, the patch indicates that so far as the aentfhves, of th* ^maty and I Q\tCommerce Com- Lhe townships, both Federal E of Hereford shareholders might take, would be allowed to tear up and remove the rails of the road in Canada.Line Must Not be Closed I Down.\t1 #-\u2014 * It plan fit least expenses Deficit.$\t3,545,004.24 Unite States Lines\u2014 Operating revenues .$34,363,689.42 Operating expenses .28,883,527.17 Net .$\t5,480,162.25 ONTARIO FARMERS PUT LARGE AMOUNT OF MONTY IN TEXAS OIL STOCKS *,a '* .Now Believe iney «re Victims or One of Biggest Swindles Ever Put Over in Ontario.(Asftociated Press Despatch) LONDON, Ont., Feb.17.\u2014Believing that they are the victims of one of the biggest swindles ever put over in Ontario, a score of North the Collins Had Been Dead Twenty-Four Hours When Discovered - - Body Is Still Lying In Natural Tomb-Autopsy Has Been Ordered Explorer\u2019s Feet Probably Will Remain Forever in Spot They Were Pinioned in by Falling Boulder Eighteen Days Ago \u2014Body Almost Covered With Dirt and Rock Which Must Be Removed Before a Medical Examination Can Be Made.repre- of U.S.Interstate Commerce Com-j\"le townsmps, Doth federal an.l mission is concerned il will obtain ! Provlnc.lal:,W1!1 b« exPe?d to the authority it seeks one-half mile of the Herefoid seems probable that some will be devised by which a local service will be Middlesex farmers are asking given on the line.This might be government to assist them in recov-accomplished either by some ar-i«ring $S.'?0>000; invested by them iri rangement for operation by thej Already legal machinery has been Cj.C.K.or C.r.R.or by a put in motion at Toronto to have a local company, operating at ! criminal investigation officer sent to Texas.The actual amount of money sunk by the farmers $286,000.One man alone is said to have paid over $17,000 in Canadian Victory bonds for shares in the company.minimum expense.In About energetically in the public interest.(Associated Press Des pate n ) AVE CITY.Ky., Feb., 17.\u2014 Revealed, but not recovered, the body of Floyd Collins today still was lying in the natural tomb which has been ins for mor c , unemployment in Canada.He sug-into i Kested that housewives who had no money found little comfort >n elaborate Government publications dealing with the cost of l.dng.Inc National Policy should be altered so as to provide employment and wages.\tj He suggested a restriction immigrants which would co them to remain say.two years on the laud or be deported.He urged the Government to pay-closer attention to economy in administration.jEvery possible leak in the Public Treasury should be blocked.One feasible economy would be shorter speeches in Parliament and a shorter session.Increase In Public Debt.Donald Sutherland (Conservative, South Oxford) was the next speaker.The alarming increase in tne public debt and the loss of 600,000 of the best young people of this ! country had created an appalling-' situation.It appeared to be the policy of this country to employ our own people in a foreign country^ to Also this same man mortgaged his home for $4,000 to invest in oil wells that were represented to be producing 250 barrels a day.Railway is in the States being the short link built to connect the Canadian line with the Maine Central System.*- Interest in Canada.Ql *-\u2022*\u2014;\u2014 In the meantime the situation is being watched and is receiving attention in Canada, both at Ol tawa and Quebec.Il is realized that the abandonment of fifty-three miles of railway in Southern Quebec is a very serious matter.Settlements from Sawyerville south to the line depend entirely on this line.Traffic is not heavy, but it is the only outlet they have.Hereford Railway I\tSubsidies.As has been revealed in correspondence in the Record, subsidies both Federal and Provincial were granted to the Hereford Railway.The cancellation of th lease with the Maine Cen tral would not, therefore, in all probability, release the.ford Railway Corporation from its obligations.With the Maine ( entrai as the chief shareholders tion Measure Provides For Facilities Making Appeals To King\u2019s Bench From Judgments Rendered In Superior Court Less Arduous Bill Introduced by Premier Taschereau Will Give Courts a Wider Latitude in Case of Poor Man Who Wishes to Appeal\u2014Railway Bill Was Read and Criticized by the Opposition.sicians to enter.It was announced late last nigh: that Governor W.J.Fields had ordered that an autopsy be held on the body, by three physicians \u201ctc determine the cause of death, Co than seventeen days, while jaded locate any possible injuries and tc miners, spured on by the realization find if there was any trace of that at last they had found the cave poison.\u201d explorer, pecked away at the lime i Refused To Discuss Autopsy.I Brigadier General H.H.Den-\u2018 nothing more than \u201ca pal stone roof of Sand Cave, Without warning, the roof caved in yesterday afternoon and it was announced officially that Collins had been found, \u201capparently dead.\u201d A short time later, after Ed.Brenner, of Cincinnati, had gon'e, head first, into the hazardous pit and under physicians\u2019 \u201cdirections\u201d made a superficial examination of the trapped man, Dr.William Haze lett, of Chicago, and Captain C.E.try in Canada was not being strang* led to death, but bludgeoned \" to death.W.K.Baldwin (Liberal, Stan-stead) drew attention to a statement last Friday from the Dominion Textile Company, reporting that their mill was running 90 per cent of capacity.Mr.Koeken ad-mitted that this was a good average, but woollen mills were not enjoying the same prosperity.Mr.Hocken then took up immigration.He complained that Canada had no Minister of Immigration, The titular head of that department was bearing the burden of the Finance Department.Sir Henry Thornton had said that the bigge.-S man in Canada should be at the head of immigration.The Gover.i-mpei r'lent had let Dr.W.A.Black, former deputy minister of immigra-| tion, and a man of ability and ex-; perience, go to the Colonization Department of the Canadian National.j Mr.Robb interrupted to' say that Dr.Black and refused to accept a higher salary and withdraw his | resignation, because he could get I more money elsewhere.The minis-! ter of immigration resented ths I interference that the Government i had got rid of Dr.Black.! Mr.Hocken then went on to refer to the present deputy 'minister, W.J.Egan, who had been brought from a trade commission-ership in South Africa to taka charge of Canadian immigration, said Mr.Hocken.Mr.Robb: \u201cThe reason was that a send goods back to Canada.1 he there was so much jealousy in tha Government was today \"drilling Immigration Department amongst without an objective in^trade,