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_ PRIDAY, JUNE 5, 1914

Dealiig with the recent. t appointment ‘of s a super-
visor by the Manitoba legislature to inspect the
affairs of joint stock companies prior. to their re-
ceiving, a permit to do- business in that province,
ne . the Montreal Witness has the
An Ounce of following: ‘‘Companies that are
Prevention ‘80 large as to be almost national
in their enterprise are. allowed

to continue year after. year to put out statements

showing prosperity and increasing gain, while all |’

the time: they are headed. straight. for the rocks,

- on which any accountant who had an. opportunity.

to see their books could. predict. that they. will
eventually and: inevitably ‘be: stranded. On the

oceasion-of the smashing up.of such companies,
-which «took down with them in their crash the

fortunes. of hundreds of families, the Witness has
before now shown that somebody had ‘necessarily
committed an offence that: was punishable under

the : law,. -and ought to be prosecuted, yet never

are there any prosecutions. - Joint stock compan-
ies can’ lure ‘even the: wary to destruction by false

‘statements, without any ‘danger of being brought
‘to book. for: it.

We have nobody in. this. country
who in ‘practice takes the place of. the. prosecuting

attorney, who is such, a: valuable officer. for. the|”

protection of the public inthe United: States,
“S'The legislators of. Manitoba. have seen the

laxness. of. our laws governing. companies, and 2
have rectified it toa degree that is even greater |[f
than ‘that ‘achieved: in New. York under such aj
-eapable: prosecuting attorney as Mr. Whitman, of |#

_» New. York, now engaged. inthe Becker trial, i

Only: he can secure. punishment ‘to those who| fi.

‘break the law; send a bank president like Morse: ao

to'Sing Sing,: or a stockbroker. to the Tombs. In

“Manitoba they:have appointed. a- “judge of. sturdy :
-eharacter to look into the affairs of every com pany.
that. desires to offer its stock for: sale, and. ‘until.
the ‘company | can prove to his ‘satisfaction that. ities
“1S. a: bone- fide concern, financially: ‘sound, or at. all 4
not made’ for. the ‘purpose of. wrecking, itl
~ does: not: secure his sanction, and, cannot: do busi- |.

‘They have gone even further’ than that: 7
and put. into the hands. of J udge Robson power. to if
fo demand a. review. of: a eompany 9) standing after

The wreck of the Canadian Pacific Railway: c

hundred men, women and children. went down to

The World” ‘ tanie in mid-Atlantic,

Mourns -
days. ago with eight hundred: of

only in Canada, but just as bitterly. i in. almost’ all
the civillzed world. In Joss of life, the sinking of

ing this. latest catastrophe places. it at once at the
{top of the list, Occurring. within. fifty. miles. of

fated liner was so badly ‘crippled that. she sank
in twenty minutes, before the ship’ 8 officers could:
transfer more than a few hundred of her passen-
gers to the safety of: the collier which caused. the
accident. ‘The hearts of the ‘people of Canada ‘go
out to the families who mourn. | their dead.

A Square Meal and a Good |
Place to’ Sleep —

Poi for Recreation. Cigars and Cigarettes |

_ for contentment. ‘Fresh Fruit in. season. -

: PROPRIETOR

°B. A. SMITH”

~Pugsley Street and Eleventh Ave ‘New Hazelton 2

and Records-

KODAKS”

D1 KODAK SUPPLIES _

A- FULL. ‘LINE OF

Fishing “Tekle

J UST ARRIVED »

: L. p. Fulton, Manager .
_ New Hazelton , ;

‘pany’s. steamer. Empress: ‘Of ‘Treland parallels. the ‘
great disaster. ‘of two. years, ago, when fifteen.

the: Empress ranks about fifth from. the ‘head. of
. the | list of great marine disasters during the last |’
century, but the pathetic circumstances surround-

land, .which meant but one hour. from the: succor |.
of rapidly-approaching- relief. steamers, ‘the ill-}:

| Hazelton BA

of the’ ‘Empress of Ireland a few|!

her. passengers has cast .a gloom’ that: is felt-not{} . Guoiee...",
‘NELSON

"GREEN Bros. BORDEN & 0,

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THIRD AvENUE—PRINCE RUPERT

~HAYNER BROS.
FURNITURE -

their watery death with the Ti-| 1. i
The loss .

a "STATIONERY,

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oe _ DOMINION ‘AND B.
: , SURVEYORS

, REMINGTON.
. TYPEWRITERS |
KODAKS: AND SUPPLIES.

“WALL, PAPE

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Funeral Directors. “ “Embalmers «
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WATCHES CLOCKS * wl nrante!
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“SuITEERS, EE “Be. “sume Buock "Prunes ‘Roser

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ERN CONVENIENCES.

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‘CANADIAN. PACIFIC RAILWAY.

‘ -BRITISH COLUMBIA CvastT ‘STEAMSHIP’ ‘SERYICE -

~The STEAMER ‘« PRINCESS: BEATRICE, 7 Leaves PRINCE, RUPERT ;
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* SUMMER. EXCURSIONS. TO: BASTERN.- -POINTS at: LOW: RATES, ‘effective JUNE ist:
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