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. :;rj 4 _ Our Grocery Department has got to go, in ‘order _ I to carry out bur Reorganizing plans. . We have decided * I to close out the Grocery Department, as we require the + i space in order to extend our Clothing and Hat Deâ€" partment, which will enable us to give you better gerâ€" vice and better valdes than dver. 1 tpwh! MINISTER OF FNANCE WHME _ | o WHL NCREASE REVENUE T0 MEET _ \ o *og«z.>. . (CANADAS GREAT WAR DEBT! Limits Tariff Relief. Sir Thomas announced, amid apâ€" plause, the repeal of the warâ€"time surâ€" tax of five per cent, on goods imported under the British preferential tariff, but wifen he came to the seven and a per cent. war increase in effect /%5-( other countries he proposed to limit the repéal to foodstuffs, linen and bottor clothing, woollen clothing, boots ahd shoes, fur caps snd fur clothing, es and mitts, hides, agricultural mmnu, petroletim . ofls, minfag \ machinery, bitumincus coal and a few sthar avtinlag & Proposals in Budget Speech Generally Are Toward Lesâ€" sening of the Customs T axes Against the Necessities of Life and the Means of Producing Themâ€" Reducâ€" tion Made in Duties on Farm Implements. the cost of living, the Finance Minister has chosen to raise revenue. Sir Thomas White‘s lo*nwnlten_i Budget speech toâ€"day was a compromise all along the line, sending no one into ecstasy, pleasing Eastern supporters of Union Government and arousing criticism from Grainâ€"grower and Opposition members because of its failure to deal adequately with costâ€"ofâ€"living difficulâ€" ties. When the Finance Minister finished reading his speech the debate was adjourned and members flocked to the lobby, where they eagerly discussed the tariff changes. So numerous and involved are the alterations that not a few men said they would reserve judgment until they could study the Budget in cold type toâ€"morrow. It was apparent toâ€"night that three or four members of the Opposition, who are interested in manufacturing, would support the Budget. THE HUGE COST OF WAR. h War‘s bequest of colossal debt, which will cripple Canadian finance for | many years, was the Finance Minister‘s main argument in planning possible |; changes in the tariff. He showed that the country‘s net debt by March 31, | 1920, would reach $1,950,000,000, which would entail a burden of $115,000,000 | yearly in interest cburge-.‘ and $35,000,000 to $40,000,000 would be necessary annually for pensions for many years to come. ‘The House sat benumbed tinâ€" der the recitation of the staggering figures, and even under announcements | of tariff changes made little demonstration. ANOTHER NATIONAL LOAN NECESSARY. As Sir Thomas proceeded his emphasis was placed on the necessity for , great industrial and commercial expansion rather than on the burdens of the high cost of living, and he called for the great possible degree of prodnctlonl for the country‘s welfare. Regarding the current fiscal year as a war year, his plan was to pay ordinary expenditure out of ordinary revenue and borrow the balance. This year‘s total expenditure would reach $620,000,000, while the ordinary revenue was estimated at only $280,000,000. Another domestic | loan would be necessary, but how to bridge the gap and satisfy a people | weary with war‘s burdens and suffering from industrial unrest was his proâ€" blem G@GENERAL REVISION OF This is a Grand Oppcrtunity for hotel keepers, boarding houses anid private families to stock up with choice fresh Groceries, and in order to make a Quick Clearance we have marked down everything in the Deâ€" partment at less than Wholesale Prices. We will sell to the trade in lots to suit the purchasers, or sell the whole stock en bloe. other articles, â€" ‘This amnouncement was afterwards apoken of with some bitterness by Opâ€" The following articles for sale:â€" 2 ‘Coffee Mills, Toledo Computing Scales, Tea and Coffee Canisters, Spice Tins, Glass Jars, etec., etc. . We cannot quote you all the prices on every article. Just a few sample prices. But come on in and see for yourself, as positively the whole stock must be closed out immediately. _ Sale commences on Friday morning and will continue until every article is sold. Comfort, Gold, Surprise, Fels Naptha, Lifebuoy, Ivory, all at one price. 8e a bar or caké, or 90¢ per dozen. Quaker Brand Standard Peas per tin ... ... .. J2¢ Riverside Brand Corn 18¢, or 6 for , ... ... .. $1.00 Canada First Tomatoes, reg. price 20c for .... 15¢ Clark‘s Pork andBeans, reg. price 20c for ..... 17¢ Peanut Butter (in bulk) per lb ... ... ........ 24¢ : Sardinespertin.........................l2c Wideawake brand pink Salmon, reg. 20¢ for ... 14¢ Ottawa, June 5.â€"Faced with the problem of raising revenue or reducing The Strictly Cash Store PHONE 339. ANNOUNCED FOR NEXT YEAR SsOAPS effect would be to ledve on &A &T®At ____cin> probably in the coming number of articles a higher tariff than m;:eing '";olb.b" in the coming ':::‘ was in force before the war. It is w ;.cou’d(o:lisfl se I:“:: astabit " understood that the GoverAment‘s ansâ€" ::“:' ": e teriff cou : revised in wer to this is that the articles against ‘: y« which the seven and a half per cant.‘ o Increase Income Tax. surtax remaina wm considered imâ€" _ His statement that .there would be portant from a revemue tandpoint. immediately a heavy increase in inâ€" Some Ingenious Jockeying. l come taxgtion was applauded in the Definite reductions were made Of flouse and approved in the corrjdors. five cents péer pound on coffee and Aj corporations shall pay: ten. pet three cents per pound on British cent. on their net income in excess of grown teas, and the free importation $2,000, whilé the rate on indfviduale is of wheat, wheat flour and potatoes sybstantiaily kmdm, "#t from countries which do not impos® will now approach the tax in & customs duty on such articles‘from ad States on smallar incom WATERLOO, ONT. tion of the tariff gave the Government _ _ much concern, for the explanation on ward I.fil this point was long and the proposals Tecessities Ilngenlous. To compensate Eastern manufacturers in a measure for the â€" Reducâ€" ‘slight reduction in the duty on impleâ€" AA ments the Government has niade an . arrangement with the railways for equalization of the freight rates from! Eastern Canada to the West with rates‘ enjoyed by American manufacturers XT m‘R from Chicago to the Canadian Went,l thus enabling Canadian manufacturers to this extent to compete with their ; rivals in the middlo Western States. ue or reduciDE |jn return for this concession the rall-l enue. ways will get the benefit of the r;-l a compromise moval of the 744 per cent. surtax on : ters of | bituminous coal. | ) suppor Finance Minister‘s Explanation. ‘ and Opposition $ Sir Thomas‘ own words on the; living diffict |meaning of the changes in tariff on ‘:grlcullural implements were as folâ€" he debate was ;lows: | "Including the 714 per cent. warl duty reduction, our proposals, if adoptâ€"‘ ed by the House, will provid® for a toâ€"| tal reduction under the generat tariff| from 27% to 15 per cent. on cultivaâ€" tors, harrows, horseâ€"rakes, seed drllln‘] manure spreaders and weeders and complete parts thereof, and from 27% per cent. to 17% per cent. on plows ‘cnd complete parts tnereof, wind nills and complete parts thereof, portable engines and traction engines for farm purposes, horseâ€"power thrashing maâ€" chines, separators _ and appliances therefor. On hay loaders, potato digâ€" gera fodder or fded cutters, grain crushers, fanning mills, hay tedders, farm, road or field rollers, postâ€"hole diggers, snaiths, and other agriculturâ€" al implements, the resolution will proâ€" vide for a total reduction in the rate from 32% to 20 per cent., and a simiâ€" lar reduction on farm wagons. In the lcue of cement the war customs duty will be repealed, and the general tariff rate will be reduced to eight cents per hundred pounds, a reduction of two cents from the present general tariff \rate:" In justification of fallure to make further tariff changes Sir‘Thomas anâ€" nounced the Government‘s intention to undertake a thorough inquiry, comâ€" mencing probably in the coming fall, when conditions are more stabilized, â€"â€" â€"Crystal Diamond Syrup, 2 pounds net, per tin. 30¢ &lwrhhn Crown briand, Syrup, 5 lbs net, tin 48¢ Krinkle Corn Figkes, Quaker Corn Flakes, Kellog‘s Toasted Corn Flakes, Puffed Rice, all at one price, 11¢ permkm" ' \/i.'.a: h) * sf ~4Â¥R F1 .\ Â¥ % Shredded Wheat per package ... ... â€".â€" â€">â€" l.g Old Dutch Cleanser $¢, or per dozen tins ..... $1 _ Crown Top Home made Horse Radish per bottle 14¢ Libby Queen Olives, large bottle, reg. 35¢ for . 25¢ Butter Color, large size bottle, reg. 25¢ size ... 18¢ Granulated Suger extra special per bag of 100 lbs $10.15 Note following well known brands Tobaccos, . out Sale Prices: * Extra special Blends, put up "n one and three pound ags, regular price 65¢ per lb at®..... ... ... ... . 49%¢ BALL & CO. SMOKERS AND _ CHEWERS CHANCE 96 Stag Tobaceo ....... ... ... .. 100 Shamrocks ... ... ... ... .. 141 Old Chumg .. .:. .. .. ...... : 110 King George ...... ... ... ... 131 Brier ....;%. j..l.. ... is. .. d 131 Macdonalds Prince of Wales .. 115 British Navy c... 2. ...... ... ports in Gfeat Britain Continwation of the buÂ¥##eess profits tgx aroused much interest, and was spoken of with sorrow by several manâ€" ufacturers. ‘The Budgét speech was followed in: tently by a crowded House, but there were few interruptions by way of apâ€" ‘plause. A number of questions were asked to seek elucidation of stateâ€" nents made, but they added little to the general sam of inforniation. Mr. A. R. McMaster of. Brome, Opposition fAinancial eritic, moved the adjournâ€" ment of the debate, and the House took up routife l;nttarl. Sir Thomas White estimates the toâ€" tal loss in revenue from the tariff reâ€" dud®eons proposed in the Budget at $17,000.000, but, owing to the expect redaction ‘in ‘theé‘ total volume of im: ports into Canada, a total loss of cusâ€" toms revenue for the g.r.:unz m year of â€"at at , is 1 for by the d:m.mcr The heaâ€" vy increase in imcomie faxation is to partially â€"offeet this. . The _ business C â€" uit Ob}awa. June 5.â€"All Canada be interested in the Fedâ€" eral income tax schedule anâ€" nounced by the Minister of Finâ€" ance toâ€"day. These: imply a substantial increase over | the present tax, but no estimate was given of the expected revâ€" enue. There is a normal rate of four per cent. upon all incomes between $1,000 and $2,000 for unmarried persons, and widows or widowers without dependent children, _ and between $2,000 and $6.000 in the case of all othâ€" er persons. There will be a rate of eight per cent. upon all incomes above $6,000, and a graduated Burtax commencingn ‘with incomes of $5,000 instead of $6,000 as heretofore.. ‘The Finance Minister gave the folâ€" lowing table to iMustrate the present and proposed taxation on all incomes from $3,000 to $1,000,000 and over for married persons, and widows and widowâ€" ers having dependent ehildren: Income Present _ Proposed Tax Tax $ 3000 ;0 200 j 40 10.000 12,000 14.000 16,000 18,000 20,000 €0,000 70000 80,000 90000 100,000 150,000 200,000 300,000 500,000 1,000.000 NEW INCOME TAX. 3,000 4,000 5,000 788 98B 1.184 1,382 T872 9,962 12327 14,967 17,607 34 282 50,957 96.857 195 407 499,157 140 92 830 1,090 1,370 1,670 1,990 12,590 12.590 20,890 25,190 31,190 61,190 93,190 161,190 303.190 663,190 40 80 120 170 370 of the war, with suggestions as to what Canada must do in order to successfulâ€" ly negotiate the next few difficult years, were the features. of Sir Tho mas White‘s annual financial state ment, preceding tariff and taxation Budget announcements in the Comâ€" mons this afternoon. The Minister‘s story of Canada‘s present position was listened to attentively by a crowded House and galleries. Probably the most interesting stateâ€" ment made by Sir Thomas was that the ultimate debt of the Dominion, when all expenditures are met, will b¢f $1,950,000,000, or $220 per head of p;\‘ pulation, and involving an annual inâ€" terest burden of $115,000,000. This is exclusive of pensions, which will cost the country from thirtyâ€"five to forty million dollars per annum. While imâ€" pressing upoh the House the fact that the burden to be borne is heavy. Sir Thomas said Canada was in a much better position than many <other counâ€" “rien. and there was no reason why, we ‘nhnuld be discouraged. ® _ Cost of War. ‘ The cost of the war up to March 31, the close of the fiscal year, was $1,327,â€" 273,848. For the fiscal year it was $450,000,000, as compared with $60,â€" )150.475 for the first year of the war. During the war period $275,943,977 of its principal cost was paid out of revâ€" enue. With pensions and interest disâ€" bursements the amount paid out of re venue was $438,293,248. S The Finance Minister told the House that demobilization costs for the curâ€" rent fiscal year will be not less than $300,000,000, and total expenditure $620,000,000. Revenue, on the other hand, will now exceed $280,000,000, or ahout sufficient to cover ordinary exâ€" penditure. There would have to be at least one niore loan to cover demobiâ€" Wzation and capital expenditure. For the past fiscal year Syr ‘Thomas was able to announce :mai revenue had exceeded ord|nary\oxpendltnre by seventy million dollars, of which fortyâ€" eight million dollars had been devoted to war expenditure. In order to sucâ€" cessfully cope with the financial sitâ€" uation, the Finance Minister said there must be agriculturaland industrial deâ€" velopement. MWe _ must adopt the motto: "Produce and Save." Thousands of mothers throughout Canadaâ€"many of them your neighbors â€"speak with thankfuiness concerning the use of Baby‘s uwn Tablets. Once they have used the Tablets for their little ones <they would use nothing else. The Tablets are an absolutely safe medicine. for even the youngest baby, being guaranteed by a governâ€" ment analyst to contain reither opiâ€" ates or narcoties or other harm{ul drugs. ‘Concerning them . Mrs. David Mehobb, Divide, Sask., safs:â€""I have used Baby‘s* Own Tablets and have found them so satisfrctory | _ would hot be withodt then." ‘The‘ Tablets ;;o ;;M".b;...-_.‘.'_“:‘,,. deaters or by mail at 26 cents @~Box from The Dr.| |~% Wilitama‘ â€" Medi¢ine Oo., Brockville, THANKFUL MOTHERS closing .. e 14¢ 14e 14¢ Me 12e 12¢ 12e prices..~ Buy now. Wall Papers Wall Pap This is another department that we are discon ing, and in order to close out the whole of our la.rgd of new and up to date Wall Coverings the prieofd greatly reduced for quick clearing out. Buy yotfl Papers now and save big money on decoratfi% Home. â€" . & q4 iL exeAwei For Friday and Saturday, Boys‘ and Men‘s Hats, Sailors or Boaters, at less than the cost of t terials. 25e and 50¢ each." * . Men‘s and Boys‘ Suits at less than wholesale We can save you many dollars on any suit in the ds l oN. T. A, CRERAR of age, WA# | Whose resignation as: Min Whole beamw bestâ€" Get ready for the eanning season at STRAW HAT SPECIALS â€" ipn‘nenl. E02 C OZ * ? ‘ Mr. Crerar‘s going out hx!s been foreshadowed so frequently *that the‘ event itself occasions no _ surprise, He comes froin the West, is head . of the Coâ€"Operative Company of the ! Grain Growers, subscribes to the platâ€" i form of the Council of _ Agriculture ! and helped to draft its counterpart a 'Iew years ago. To this he. added the I fact that he joined the Cabinet essenâ€" tially as a warâ€"time minister. Will Have Effect. That his going.out under such conâ€" dftions will have an effect _ is not doubted. Very _ probably _ a dozen Western members, who on the tariff think substantially as he does, will vote as he does in opposition to the budget on the ground that it does not {go far enough. These defections, if lthpy o?rur. may he in part _ compenâ€" sated for by support of the _ Governâ€" ‘ment by Liberal protectionists. HON MR. CRERAR QUITS CABINET Minister Resigns OYer Tarâ€" iff Policy of the Govâ€" ernment. REMAINS IN â€" HOUSE Ottawa, June 5.â€"Hon. T. A. Crerar, minister of agriculture, has resigned because of disagreement with his colâ€" leagues on the budget. He will _ reâ€" tain his seat in Parliament < for _ the present, any way. * 4 Mr. Crerar has made a very successâ€" ful‘ minister of agriculture. It is unâ€" derstood that he was willing to conâ€" gider the present as a war year _ and to leave the tariff as it â€" is _ for the present session. Changes were to be made he held that, subscribing as he sUCCESSORS TO BECHTEL BROS.,; .. WATERLOO SPICES SPICES â€" SPICES _ CLOTHING DEPARTMENT. _ Minister of Ottawa, June 6.â€"The resi Hon. T. A. Crerar, as Minist culture, has been accept Commons toâ€"day, Premier § Borden read the corresponi lating to it. It is undert Crerar took definite issue colleagues on the budget. pected that during the comi debate, Mr. Crerar will furth his position on the Tariff. does to the advanced préh' grain growers, it would . be tent for him to stay in the C IS HELD AS * BETRAYER O Paris, June 8.â€"Gastom‘ _g Socialist, known as "Lare," believed, played a prominent the betrayal of Miss Mg: who was executed by the Brussels in October, 1915, *‘ placed on trial next month. > A long prelimirary inquiry ‘@ ed by Capt. Grebalt, of the six tary court, establiched _ thats was serving a centence in the St. Quentin in 1914 and was M when the Germans first took: It is said he entered the Get vice as a spy and got emplog Miss Cavell‘s hospital at~ / Soon after he began to wo;if} is alleged, Miss Cavell was and executed. Quien was afté sent to Switzerland as an iDÂ¥@ Sixty witnesses have been. testify in the trial. They Princess Maria, of Croy, who denounced to the Germans B and Madame Boward, who Â¥ ut the same time as Miss Ca Sends Congratulations .and Wishes on Birthday. Paris, June 5.â€"The f sage of birthday congratu sent by President Wilson _ King: i "May 1 extend to your fi warm congratulations oR day and express the hope nof that you may see many 7 days. but each one may world growing steadier, of the true prosperity whick from justice, and that the. pire over which you pres ways continue to play a the process. Mrs. Wilson in warmest persoual reg§rds,‘ ITALY WANTS DEPORTATION ed hy discnssion of the 1 Italians for a pmlm the deportation of u of Ausfrian Tyrol to be Italy. This demand is considerable apposition. (Crmadian Press.) Parik, June 9.â€"Thé‘ finat the political clauses of the treaty is is underatodd § d WILSON‘S MESSAGE TO Mr. Harry. Bufrows of the