THE DAILY NEWS Published Daily and Weekly by THE LEADING NEWSPAPER IN NORTHERN BRITISH COLUMBIA THE aveaveee RUPERT PUBLISHING CO. LTD., PRINCE RUPERT, B.C. | Two from ; « SUBSCRIPTION RATES—To Canada, United States and Mexico—Dairy, 50c ia per month, or $5.00 per year, inadvance. WEEKLY, $2.00 per year. All Lonpen, ENGLAND —The Clougher Syndicate, Grand Trunk Building, Trafalgar Square thorizes the rhe autonomy bill Each of the Three Prairie Provinces—Some | Probable Choices. { Other Countries — Daily, $8.00 per year; Weekly, $2.50 per year, strictly Ottawa, Jan —The govern- j in advance. j mont has now under considera- : . a. TRANSIENT DISPLAY ADVERTISING —50 cents per inch. Contract rates |{i0" the naming of six new sen-) 5 { on application. Jators, two from each of the } ' HEAD OFFICE [prairie provinces, Manitoba, Sas- Daily News Building, Third Ave., Prince Rupert, B. C. Telephone 9. ene hewan and Alberta. BRANCH OFFICES AND AGENCIES As was stated by Hon. Mr. + New York—National Newspaper Bureau, 219 East 28rd St., New York City Lougheed, government leader in _p ¢ Sound News Co. the Senate and minister without a “ j}portfolio, the statute now au- government to name Susscaisens will greatly oblige by promptly calling up Phone 98 in case es oe for the Upper House contains THE DAILY NEWS SHE INSISTED ON KISS | FROM THE PRESIDENT Little Wyoming Girl Got an Os- culatory Salute from Taft Washington, Jan, 17—On Pre- sident Taft's appointment list was this brief entry: ‘Phyllis Wistrand, Lander, Wyo. (to be kissed.” When that item caught the President's eye as he sat looked about in one corner down at his desk, he his office and over saw a little girl with blonde curls looking eagerly at him. Beside her was a woman, evidently her mother. Salurday, Januar ANTARCTIC EXPLORER DISCOVERS NEW LAND Lieut. W. Filchener Arrives at Buenos Ayres After Fifteen returned to { new Months. Berlin Jafi ‘7 1 Wilhelm Filchener, the Antarctic explorer, his expedition today Avres after an absence months in the southern seas Lieutenant Filchener from Buenos*Ayres that pedition has been mos ful He discovered which he named Pri Luitpold Land barrier which he Wilhelm Il DAILY EDITION FEATURES OF THE BANK ACT. The outstanding feature of the Bank Act, now primted for i 5 distribution, is the increased privilege of note circulation i given to the banks. The right | of note issue was formerly limited to the paid up capital. The tirs. eXtension of this was ; the privilege Of issuing emer- i gency circulation for four months to the extent of 15 per 1) cent. of paid up capital and / reserve. ‘Lhe time for this is- sue was extended to six months, September to tebruary, inciu- sive, and thus it remains. The goverment “may” tax this up to 5 per cent. No government should have an option in tax- ation. ‘The new increase is al- lowed in the form of a right to make additional issue to the extent of any sum of gold and Dominion notes set apart or ; non-delivery or inattention on the part of the news carriers. <> deposited wilh a bankers’ and government board as “gold re- serves. kor example, a Dank with $12,000,000 capital, $12,- 000,000 reserve, $10,000,000 gold and $10,000,00 Dominion notes was allowed, under the earlier law, to issue notes up to $12,000,000. This could be mereased, under the emer- gency law, which is continued, by 15 per cent. on $24,000,000, or $3,600,000, Under the new law the same bank, by setting apart, say, a quarter of iis gold and Dominion notes as gold re- serves, Can further ipcrease its note issue by $5,000,000. An important relaxation is made in the law requiring the banks to keep 40 per cent. of their reserves in Dominion notes. This of the nature of a forced loan without interest, is what the Dominion requires in return for the note issue and other valuable privileges ac- Saturday, Jan. corded banks. lt is largely worthless to the Do- mimnon by the law requiring the treasury to keep a doliar- for-doilar gold reserve. Mili- lions are Deediessly wasted on idie gold. The new law re- quires each bank to keep only 40 per cent. of the reserves “which it has in Canada” in Dominion notes. It is now so easy for a bank to hold these reserves abroad that the pres- ent means of keeping Dominion notes outstanding may be cur- tailed. Banks are authorized to lend on grain and cattle, after the manner of current lending on manufactures and warehouse receipts. The objection § to this in the past has been that as such loans are preferred claims, and are not, like chat- tel mortgages, announced in any way, the fear of unknown preferences might injure a farmer's credit with merchants. The benetits of the change will doubtiess outweigh this objec- tion. Inspection and audit are still left virtually with the direc- tors, but there is a semblance of independent audit estab- lished by the fact that appoint- ment is nominally by the share- holders under explicit limita- tions. The establishing of a new bank is surrounded by more comprehensive safe- guards. The new act continues the bank eharters to July 1, 1923. In connection with this leg- islation the Dominion govern- ment should provide a means ef release from the wasteful necessity of keeping close on one hundred million dollars of idle gold in the treasury when, say, two-thirds the amount would be ample seeurity.—To- ronto Globe. r ——————————E_— THIRD ANENUE = Builders’ Supplies Plumbers’ supplies Paints Oils Varnishes FARM LANDS PAID UP CAPITAL §$1,500,000,00 Skeena Valley Bulkley Valley KAIEN HARDWARE COMPANY P.O. DRAWER 1524 HARDWARE -] MONARCH MALLEABLE ™ PHONE No. 3 Sheet and Plate Glass Stay Satisfactory —IN THE— easy terms. 18, 1913|'° additional senators for | according to Hon, inade lauthority for the appointment of Sas- two for Alberta, Mr. Lougheed, Manitoba bouns | katehewan and and the recent daries bill, according to the authority, provides for the ap- pointment of two additional sen- ators from Manitoba. There is considerable interest manifested to the men who will be selected, For Manitoba Dr. Schaffner, the member for Souris, and Mr. Danie! Sprague, lumber merchant, of Winnipeg, same as are regarded as first in the run- ning, with Glen Campbell, ex-M. P., a close second choice. For Saskatchewan R. 8. Lake, ex-M. P. for Qu'Appelle, has claims which are based in both the Mother Country and in Gan- ada, and as a result is not likely to be overlooked in making up the new six for the west. Dr. Munro of Saskatoon is a man from the north and a defeated Conservative candidate. He has been active in polities for years. He stands a good chance some of succeeding if H. W. Laird of Regina or Dr. W. D. Cowan of Regina are not too strong for him. It ‘looks like a three cor- nered fight for the second place. In Alberta Major John Herron, who for two parliaments repre- sented MacLeod, regarded almost a certainty. For the sec- ond Alberta senatorship Mr. “Luggy” McCarthy, ex-M. P. for Calgary, and Mr. W. A. Griesbach, ex-mayor of Edmonton, garded as having an even chance. R. B. Bennett is also in the run- ning The appointments will! be within the next few weeks. The six new senators to be ap- pointed for Western Canada and the filling of the two Ontario va- is as are re- made cancies will make the standing in the Upper House: Liberals 58, Conservatives 35; a Liberal majority of 23. a Several of the residents of Graham Island who have been in the city lately left for the lower coast cities yesterday morning. These included Magistrate ©. H. Harrison, Mr. and Mrs. L. W. Barton, Mr. and Mrs. Frederick Nash, James Cullins and about twenty members of the Brownlee- Nash survey party. At New Hazelton last afternoon the Hazelton hockey team defeated the home seven in the second game. of the Ross cup series by three goals to two. The Saturday Nechaco Valley Fort George District —IN TRACTS OF 160 ACRES AND UPWARDS— Carefully selected Lands at Reasonable Prices and on NORTH COAST LAND COMPANY, Limited play was closer and somewhat rougher than the previous game. FARM the southbound passengers ves- “een “Well, Phyllis,” he said, as he from his ehair to shake hands, “so you want to be kissed rose Lieutenant continuing and nar ce Filehener * lore ms his exploration .. some friends and announced that she would never leave Washing- ton until she had been kissed by the President. She was n= sistent that her mother wrote to Phone 174 so Plumbing, Heating, Steamfitting and Sheet Metal Work Office: Srd Ave. Workehor fun Ave. bet. 7th and Sth St» the White House and finally made an appeintment. C. P. Hickman, of the Provin- cial government fisheries depart- ment, who has been engaged upon his official duties recently in the valley of the Naas River, was amongst the passengers bound for Vancouver yesterday morning on the Prinee Rupert. Mr. and Mrs. J. Sweder left on| a three weeks’ visit to the lower | coast cities yesterday on the} Prince Rupert. Mr. Sweder, who is head of the well known tailor- | ing firm in this city doing busi-| ness under the name of Sweder Bros,, will be busily engaged whilst in the south in pure hasing | spring and summer goods. Mr. and Mrs. C. E of | the Royal Hotel, amongst | Burgess were terday morning. OFFICE: Georgetown Sawmill Co. Lid. Lumber Mouldings A large stock of dry finish- ing lumber on hand. lumber a specialty. made at short notice. Boat Delivery Our prices are as low as any | Call on us before ordering EMPRESS THEATRE BLOG. Cor. 6th St. and 2nd Ave. “FROM HOME TO HOME," Sid. Sykes, Manager Excellent Cafe. 1142 Pender Street West - - HOTEL ELYSIUM The Finest, Newest and Most Up-to-date Hotel in Vancouver. Moderate Prices Vancouver, B.C. THE AFTERMATH and gives us an opportunity gifts. CONSULT OUR CATALOGU. oversights during the Christmas rush. week's shopping made very heavy inroads into our stock, the assortments in each line are practically We have a large range of beautiful things for New Year's Usually the day fellowing Christmas brings with it unpleasant recollections of friends who have been inad- vertently overlooked in the matter of Christmas gifts. Isn't it fortunate that New Year's Day follows so closely to make amends for While the our past unbroken. Geo. E. Trorey, Managing Disector VANCOUVER, B.C. PENCIL AND see Jeno Tt WAIT “OU Te PRACTICE DRAWING AND LEARN To BE A CARTOONIST — FoR INSTANCE. TO Dav THIMK OF THE Funniest THING ‘YOU EVER SAW AND THEN TAKE 4 YHE FUNNIEST THING & EVER SAW - WELL THATS EAS — AND = Can DRAW \T To 4 QUEENS THsTeE (WHAT EVER THAT 13) pase see 4 r rr Henry Birks & Sons, Limited JEWELLERS AND SILVERSMITHS i@ (v4 eee GRAND 5.5. PRINCE RUPERT rer TRUN leaves for Vancouver, Victoria TRUNK PACIFIC and Seattle FRIDAYS, 9 A. M. “PRINCE JOHN” eutenant t port Simpson, Granby Bay, Stewart, Naas, 11 a m Sih, 19th, March Sith (10th ae ' Masset and Naden Harbor, 12 p. m Jan 10th eat witt March 7th, @ist an skidegate, Aliford Bay and other Queen Charlotte tetar Buen ’ ” jan. 12th, 26th, Feb. Oth, 23rd, March eth 1 of fifteer @. T. P. RAILWAY PASSENGER sERVice N @ leaves Prince Rupert 10 4 Mm Wednesday a; cab Grand Trunk Railway System the ex (The Double Track Route) weces th excursion fates in effect Choice rr tes wt ind x e excursions and fast trains of the Grand Trunk Reg Agency for aft Atiantic Bieamehip Lines Fo af! infermetior apply tw . ‘ A. EB. MOMABTER, feneral Ager - ad Kaisé uTrposes ae COAST STEAMSHIP SERVICE B.C Jan. 19th, & pm. Sun 4 @ NAB, Genera! Agent Southbound Savoy Hote by the President of the United - States?” re le esterd 4 "Yet, thir," she lisped. cies <1. aie ib vain FAMOUS |eeeee eee SAFETY | Cor, Fraser and bth sou Qen he aaa ~ one hnwed ee et ee | PRINCESS Crud SPEED “RUPERT'S PALACE 0 COMPO#? cheek,“ hope yon wil remember Subscribe soto maify, ews. | LINE SERVICE THE IR OQL Ol ; > waar She 5. S. PRINCESS MAY lid, tetas diet Whig ‘Youse SMITH & MALLETT Southbound Sat., Jan. 18th, 8 p. m. POOL recently with her mother and THIRD AVE. S. S. PRINCESS BEATRICE Engitsh and Amer Iwelve Tables ROOND Ave ‘WWION SS. COMPANY OF B.C., Ltd | The Twin Screw Steamer | “Venture” Arrives from Vancouver Every MONDAY NIGHT | Salle for Port Simpson, Naas River Points and Granby Bay Tuesdays, § a. m. Sallis for Vancouver } WEDNESDAYS, 2 P. M. | | Rogers Steamship Agency Phone 116 PRINCE RUPERT INN AND | ANNEX Owned and operated by the Grand Trunk Pacifie Railway on the American and European plan. Exceliently furnished, with steam heat, electric light, and all §) modern conveniences, being abso- | lutely first-class in every respect. | | | ! The appointments and service are equal to any hotel on the coast. ‘aes: $1 t $3.50 per ay G. A. Sweet, Manager. } LOT FOR SALE | ON COMMISSION, Lot 7, Bik. 1, Sec. 1; well graded down; $12,500; $3,000 cash, interest 7% per | annum, Dalance | b pers. Any agent sell ing this will allowed 5% commission, $625.00. M. OSCAR LEDUC : B62 Lagauchetiere 6t., Montreal _TRY A.NEWS WANT AD LINDSAY OFFICE ~ B. B. Rochester. Contre '’ Empress Bowlin Ale e AND POOL ROOM i 4 ALLEVS 12 =3 { anil Best Fitted and Most Lusur the Coast H. &. ROSE, Prop. CARTAGE ané STORAGE G. T. P. Transfer Agents Orders promptly filled = Pricer reasonadee Best on the Rogers & Blad New Wellington Ceal. Coast Phone 116 SONS OF NORWAY Meets every Thursda p. a at 319 3rd Ave A cians are welcome Valhalla” of S.H. & EF. (SCAN DINANIAN SOCIETY | Meets every 2nd and 4th Tuesday # p.m. in the ball at 319 Src Ave D. C. STUART Accountant 308 2na Ave. - Phone 280 Auditor for the City of Prince Rupw PRINCE RUPERT, B. © Alex. M. Maneon, B. A. W. &. Williams, 8 A, tLe WILLIAMS & MANSON Barristers, Solicitors, Etc Box 285 Heigerson Block Prince Rupert, & & P.O. BOX @ PRINCE RUPERT JOHN E. DAVEY TEACHER OF SINGIN A BA.m.. 1 On, PUPIL OF WM. FPOZON, BBQ. HAYNER BROS. UNDERTAKERS anp EMBALM EIS funeral Directors Ord Ave. near 6th St, Phone No. * E. L. FISHER Funeral Director and Embaime’ CHARGES REASONABLE Phone 366 NIGHT 2nd &t., cor. 2nd Ave. OPEN DAY AND HUMOR 15 @ iqi3 YouURE SENSE oF FUNNY As 4 As