The Quebec chronicle, 5 mars 1923, lundi 5 mars 1923

[" .3 ; > Weather Forecast: Fair And Moderately Cold # ESTABLISHED 1764.CANADK'S CLAIM FOR $32,000,000 WITHOUT SUBSTANTIAL BKGIS So Declares Sir Thomas White, Former Minister Of Finance, In Statement To The Press\u2014*No Official Of Finance Department Made Mistakes,\u201d He Adds Teroato, March 4\u2014With reference to the cable despatch to the effect that Canada has lost $14.000,- 008 In the Asquith award through & mistake made by the Finance Department during his period of office, as Minister of Finance, Sir Thomas White has given the following etate- vent to the Canadian Press: \"As IT have not Mr.Asquith's award before me and do not know the scope of the reference under which he acted arbitrator, what evidence wes placed before him or the position taken by counsel for the Imperial and Canadian Governments respectively I have no comment to make upon his finding.I have, however, some observations to make which may prevent misunderstanding on the part of the Canadian publié as to Canada\u2019s claim for exchange in respect of the huge finan: cial transactions between the British and the Canadian Treasuries during the ver\u201d, \u201c(19 There was never any substantial hasis for a claim of $32,000,- 008 on the pest of Canada in respect of exchange, and I have no doubt it was put forward by my successors in office as exhibiting the technical or prima facie financial position respecting exchange adjustments as shown by the books of the Finance Department, having regard to day-to.day quotations of sterling exchange, which, during the war were entirely artificial and fictitious as the ordinary international come merce transactions had largely ceased and exchange rates had be- eome a matter wholly of British po- Hey.In 1916 the British treasury was paying out in New York American tunde at the rate of a biNfon dollare a year to support merling exchange on the New York market.This action alone permitted Canadian exporters, and American for that matter too, to carry on business with Great Britain and France, It T had been testifying before Mr.Aequith.T should have been bound to say that while I thought that a reasonable adjustment of the exchange matter sheuld be made it was never in my mind that the Imperial Government should be called upon to pay Canada exchange at the artifi- oa! rates which chanced to prevail [% upon the dates at which Canada advanced funde at Ottawa to Great Britain.With exchange fluctuating i= it was during the last years of the war, the fact of a oredit say of $26,000,000 or $50,000,000 bein given on Monday instedd of Friday might means hundreds of thous ands of dodara against Great Britain .My view was that after the war the exchange matter should be adjusted upon an equitable basis by conference between the two Governments, and 1 embodied this view in a memorandum which I prepared for the Minister of Finance (Sir Henry Drayton) two years ago.An adjustment in favor of Canada, in the neighborhood of eay ten millon dollars, would have appeared to me to be ressonable, having regard to all the circumstances, and especially the circumstance that the Canadian Government waa pressing Britain to the outmost of our power to accept credits from Canada and place orders for our foodstuffs and munitions.Great Britain desired to flo all give could in this direction and did not take into account thé ques on of the precise dates at which It would be to her interest to have the Canadian credits established.Proud Nation While does not touch the question under consideration, 1 have no hesitation in maying that the adwan- 1age to Canadian industry, trade and commerce.through the purchases of Great Britain by means of the cre- dite we established at Ottawa, was far In exceas of the balance of $400,- 400,000 owed by Primin to Canada »t the close of the war.I think, however, that Canada wus right in not voluntarily cancelling this dete and that Great Britain was right in desiring to pay it.By a nation en proud as Great Britain the gratuity nf a cancelled debt would not be r an desirable.#(3) No mistake was made by any official of the Finance Department: the correupondence with the Imperdal Government was under my personal direction.The provisional set-off of debt referred to in the enable was made for the purpose of enabling the Chancelor of the Excraquer to make à more favorable showing in his approaching budget speech with respect to the amount of the British national debt.It was made at the request of the British Government and with an express reservation of all adjustments for future esttiement, Me, Asquith'e Method \u201cOn the whole while I do no sgres with Mr.Asquith's reported method of dealing with the matter, 1 think the resuvit reasonably fair to Canede.If no provisional set-off had taken place during the war, the praition at the armistios mould have been that Canada would have owed Creat Britain.payable in London, ony §364,000,000, Britain would have owed Canada, payable at Ottawa, my §1,$00,000,000 (1 have not the omot figures).N3her Government could find msch an amount for ready payment, The amounts advanced by the two Governments respectively were not payable on demand.When they were made we did not know how long the war would last or what would be the financial position of anhor country at its conclusion.The only way by which a estélement ++ Mg > could de faéely reached would be by agreement upon an equitable basle In fact, it would not be uareason- able, It such had been the situation, to allow both gross debts te stand fur say five years or more and then settle upon the exchange basis then prevailing.Great Britain owes United States four billion, five hundred milion dollars.It called upon to pay today, she could not find the money and en arrangement has been made whereby she pays the prinelimbing abibty, which hed already gained fame in the motor world.Ralph Mullord, famous race driv- or, who his been serving with the Chandler Company ae experimeniai engineer, recently conducted some remarkable experiments to aser- tan just how much cold the motor would stand without Hi effect.Mulford drove a car to his garage one right recently, and amazed the colored attendant by requesting permission to leave his car outdoors in the snowstorm al night.\u201cYou can leave It out there if you want.but you sure must bs crasy,\u201d\u2019 was the actendant'a verdict.Next morning when Muiford show ed up the Chandler was drifted in with fresh snow.A group of the gurage attendants gathered to give the noted rar driver the laugh.How ile hopped in the car and wen: through the ususi preliminaries, wepped on the marter, and motor began to hum at once.Withtn a dimance of a oity hlock Multord had the car in high gear and waa already looking around to see 1f any traffic policemen wers observing the speed of his getaway.It was MuKord who conducied jum such a severe test of the ab:lity of the motor to remain cool In hot temperatures.and proved lt fully equal to ite ability to warm up in a trizid temperature.In the exhaustive tests on the Pikes Peak climb, during the development of the new motor, a rage wan reached at which the entire arcent war made by all the tent motors without raising the moto- | meter ahove the ocoo¥\u2019 range.| To see what woulé be required to heat the motor, Mulford later made {experiments in the Southwest under | extreme conditions of high tempera.iture and over à woft sandy road of the desert.Mulford drove for twenty-five miles under these conditions of extreme heat and load, and falled to make the motor boll.\u201cWell.\u201d he maid, \u201cI give up.If it won't boil here, $ won't boil any nlace.\u201d DISPERSE.PITTSBURGH'S SMOKE CLOUD BY SCIENCE Pitteburgh, March 4\u2014It is possible that Pittsburgh's smoke cloud will sme day be dissipated hy science.Dr.J.H.Clo.wofessor of physica in the University of Pittsburgh.declares it may be ancomplished by an adaption of the Bancroft-Warren \u201crain-making\u201d procens of spraying the root of clouds with electrified sand from an airplane.Dr.Clo added if the elimination of foge could be obtained by the use of electrified sand, there would stem to be à possihilky of charging emoke particles Instead of sand particles and similarly clearing the air of smoke and furnace duet, long « groblem in this city.but 1% 25% yards pattern is stamps er (coin preferred).Shaw) collars and surplice clos- ingp in the very manner that grows wr\u2019 jacquettes are being made are yo 6 = Ten @ inch Hee considered quite the smartest thing in the sew coats for junior girls.The one-piece sleeves are finished with nt wtb be wit it broadcloth both service and charm if prés kn his model and the co leted cont f bropécioth at £2.90 rie seteen for the lining med ned Atérens all orders to Pattern Deyarimont.Quedbes Cnronkle.+ \u2014 \u2014 cowardios they bring into social living.the d'eorter rrd confusion they drag inte the ethics ef law.\u201d BERNARD RON.Montreal, March 3, 1983.ever, lt wan Mulfcrd who laughed.\u2019 the MONDAY, MARCH §, 1922, Fashionable Store Fabrics In Favor for SPRING SUITING !Social and Personal Hon.P.J.Paradis, left for Phihadelphia on Saturday.Mr.G.8.Campbell, of Ottawsis staying at the Chateau.| Mr.H.Bmithers, of Kingston, Omt., 1s & guest at the Chateau.Hon.Jules Tessier returned to town on Saturday from Ottawa.Mr.G.M.Cartier, of Geneva, O., 8 registered at the Chateau.Mr.J.A.Wright, ef Toronto,\u2019 registered st the Chateau yesterday.Mr.W, A.Rogers, of Torontu, ie In town, à guest at the Chateau.\u2026 Me.À.R.Pelictier is ia the city \u2018(rom Montreal, staying at the Chaeau, Mr.W.E.Wooding, of Teroato, is among the guests staying at the Chateau.: Mr.C.Sutherland, of Amherst.N.B.je in the cky saying at lhe Chateau.\u2018 Mr, Omer Berube is in the city! trom Sherbrooke, a guest at ihe Chateau.Mrs.8.Tanner Green and Mis Ruby Green are spending a couple of weeks in Montreal.Mr.and Mrs.Harry McKay, of N.Y., are in town, re | t the Chateau.R.Whitehead and Mr., of Three Rivers, Jacquards Hair Line Stripes.Crape Marocain.Highland Lass Suiting.Poiret Twill Tricotine.Shades in Vogue.Brown, Almond, Green, Cocos, Oakwood, Navy, Beaver.Novelty Skirtings.Latest desyns in Stripe and Check Skirtings in Egyptian Shadings.c.Ritchle, spent he week-end in town.1.Mr.and Mre.H.E.Lavigueur and Mins Catherine Lavigueur returned £rom Uuawa Saturdsy.Mr.and Mrs.J.R.Ayers ar-! LEPINAY LIMITED FORMERLY DONOHUES STORE 188-198 ST.JOHN Telephones 885-6598 rived in town Saturday from Mont: real, and regisiered ai the Chateau.\u2018 Mr.N.Fravie lawton, of Liv- ., &rrived In town ye- Is saying at the Cha- lean, | Mr.and Mrs.L.J.Whitehead, cf {Three Rivers, arrived in town &at- urday and registered at the Cha- \u2018eau.| Mas G.Allan, of Halifax, N.8.! is In town, vishing Lieut.-Colona! and Mrs.U.Bb, s'apiteau, Frac | aireet.: Mr.and Mrs.Robert }*.Kernan, | who have been spending avverai, weeks at St.Augustin, Florida, are expecied to return to town tomorrow.Mrs.Henri den Riviere, of this city, mailed by the Minnedosa, Saturduy from &.John, for Europe.She was accompanied Ly Mrs B.H.\u2018Dennison.\u201c Mrs.J'aul Rodier, of Westmount.«returned home Saturday afternouis, | lafier pending a week in town vis-.j iting her parents, Mr.and Mis.Antolas C.Taschereau.| Sir Robey and Lady Baden- Powell are mailing from Liverpool on; March 13, hy the Marloch and are expected tu arrive st Bt.John about Murch 28.They will tour Canada.Premier and Mrs.L.A.Tascheeau, who have been spending some time at Palm Reach, are leaving: there on Wednesday for New York, land are expected tu return to Queibec on the 12th instant, | Miles Helen Roy, daughter of Hon.i Philippe Ruy, Canadian High Cum- | missioner at Paris, France, who has: been apending wveral months :n, Camda viniéing relatives and.triends, sailed for home Sauturyay| trom St John, N.B., by the Minne-! does.Mrs.Robert Fits-Gibbon , of; Montreal, and her daughter, Mra.\u2018 (Allan Boewell, of Quebec, who have: {heen spending the winter In tue ; Bouth of France.are at Hyeres, nent Cannes.They are leaving for Englund in April and will probably re | main there until July when they will returr.to Canada.Their Excellencies the Governo:- Genera! and the lady Byng of Vimy, { have been graciously pleased to extend their patronage to the lecture ito be given by Mr.A.G.Racey.uf | Montreal, before the Ottawa Laugh- | {ters of the Empire.The lecture wi given in the ball-room of the (Chateau Laurier on Friday, March 13nd.In connection with the visit ta! Toronto Thursday of Mim Katherine Ludington, national treasurer of the League of Women Voters of the! United States, \u2018Toronto women or-! ganized the nucleus of a Canadian League of Women Voters, aeveral hundred enrol¥ng after hearing the address on Recruiting for Citizenchip, given dy the represemative from across the Mine.\u2018The oryste! baliroom at the King Edward hotel was filled to capacity with a keerly terested audience.Mrs.John Bruce, president of the Canadian Womewa club.Introducing the distinguished guest.A cable was reud from lady Astor, extending wishes for success to the newly organized Canadian league of Women Voters The Prince of Wales was present at a ball given recently at the Hyd: Park hotel, in ald of the Victoria league.The King and Queen are! patrons of the league, which has for\u2019 many years done admirable work in | promoting friendly relations between Pritain and all parts of the empire.The Duke of Devonshire, secretary of state for the colonies, and repre- | wentatives of all the dominions and 'g self-gnverninæ colonies were present.The prince of Wales was received by | the Duchess nf Devonshire, who, acted as hostess, and by the meni-: bern of the ball committes, of which Jady Dynevor waa chairman.The Nuchess wore a deep blue gown, | with a diamond tars, and diamonds and pearls A number of dinner parties were given before she ball.TEN MEN LOST LIVES IN MINE EXPLOSION 27 Out Of 38 Men Escaped.And One Was Resoued Alive Bluefields, W.Va., March 4-\u2014The hodies of four victime of the dust explosion in the Weyanoke Coal and Coke Company mine at Arima, Va, were brought out yesterday, shortly after Lloyd Lipscomb, a miner was rescued alive.The doth toll of the blast was definitely set at ten men.Of the 30 men in the workinge when the expiosition rooked the Arista region, 17 escaped and| one was rescued.somewhat unusuel fes- | Meguntia, to find their numbers œué- UNUSUAL VACATION FOR Hpi Yo Ing Un vartous sections of | flolent ¢o form a clerical party far 14 CLERGYMEN | (pe continent for s cruies from Now |the voyage.New York, March ¢\u2014(By Can.York to the West Indies, each With.Rw.A.J.Oleary, D.D.,, 6ê Press) -\u2014Fourtees Catholle Clergy- out thought of travetiing in à party THE NEW ARRIVALS IN SPRING SUITS From Madame's conservative Tallleur to Mademolselle\u2019s youthful SJacquette or paletot, theae new models show an attractive amsart- ness of lime.We arc this season presesting à most complete collection in which arc incinded Spring's most tasteful mpdes.WE ARE SHOWING THE BOX JACKET, youthful looking, quite straight of line, and flaring from the shoulder.Slegves are full, and also fare slightly.Braiding and embroidery are used exten- $29 15 sively in those, which are attractively priced at.° THE TAILORED BUIT, In finest of French Tricotine, cut quite long.and showing an nttraotive slimness of line.Self trimmed in amall pleats and tucks, and lined in a superb $36 50 quality of guaranteed Swiss silk.» THE PAISLEY TRIMMED jacket, quite short and corded at the edges.The Paisley trimming under these lends an attractive touch of color, being also shown on the pufted $45 00 THE THREE-PIECE BUIT in a superb Navy Blue Poiret Twill.The jacket, which ls of wrist length flares from the shoulders, and 1s caught at the neck in an upright collar.A heavy border of cleverly woven braiding rims the jacket, while the blouse, which is of a Risque Crepe Canton, shows elabo- $75 00 rate black Cording.