Winnipeg Free Press

Winnipeg Free Press (Newspaper) - December 11, 1946, Winnipeg, Manitoba Page 2 Winnipeg free press wednesday december 11, sitting position As More character Many valuable hints for British and american manufacturers have resulted from an exhaustive search of Germany s War wrecked Factor ies according to sir St Flora Cripps president of the British Board of Trade. One Large room in the London Board of Trade building contains samples of the Al lied a wide Range of Domestic engineering and scientific products. A baby buggy a streamlined affair has a body o Wicker pressed cardboard and ply Wood edged with specially Treance paper string and mounted on an aluminium Alloy framework. Empire club of Manitoba luncheon meeting mat thorough hotel 12.30 dec. 12th speaker major f. J. Ney . Subject South african Empire not neglect the first sign of serious complications May result h you suffer from Eye Strain ulcers sires. Weak and watery eyes use Singleton s. This soothing and heal ing Salve has Over 340 years reputation throughout the world As unfailing remedy Lor Eye troubles. Applied at night it will definitely soothe away and strengthen eyes. From All chomp at and stores or Green. Ltd. Dept 210 Lambeth Road. London. . Eng land. Here s the secret of faster belief from headaches gr5ppe pain relieving Colo dispelling ingredients mry capsule Buckley s capsules Frank Stanton president of the Columbia broadcasting system ays that lbs is ready to Start Olor television broadcasts just As Oon As the Federal Communia ions commission gives its a Roval. Stanton made his state ment at the opening of an f. Earing on a petition by lbs to authorize television broadcasting immediately. Other witnesses have dictated color television Broad arts need additional testing before commercial broadcasting starts. The possibility of establishing a second Little entente an economic and political co ordination programme for Eastern and cent Europe is reported reliably o have been discussed at a social St party conference in Prague. Some delegates said the Czecho slovak social democratic party he smallest and farthest right of Czechoslovakia s four major poli ical parties was directed to work out details for such a programme delegates came from Czechoslovakia Austria Hungary Bulgaria and Poland. A new zealand expedition to the Dominion s Ross sea depend ency in the Antarctic is being considered according to o f f i c i a circles in Wellington. Such a plan might mean a race Between new zealand and the United states Navy expedition to the Antarctic scene of considerable International interest in recent months. The u. A., Russia Argentina Chile Britain Australia and new Zea land Are All interested in the Polar Region. The Earea which extends to the South pole is unoccupied but is strategically vital to new zealand. It is believed that bal Leny Island in the Antarctic is a Likely source of uranium. Columnist Michael foot Fri tins in the London daily Herald has described As Balder dash a statement that in the even War army pre e 1 enough so that i will be a Shor Montgomery or. Foot attributed the statement to Field a s h a 1 Viscount Montgomery Montgomery is a very Fine sol said or. Foot a labor As a statesman i do not fancy Lim so much. If heaven forbid there is another War it will be a Short one for quite other reasons it would be Wiser therefore Field marshal Montgomery talked them to a Dele to Valr Many new Gold projects in Northwestern Quebec Are Strug Linof along from Day to Day in the Ope that some h i n g will be one which will Ermit atry on action from or que., has old it. Hon. J. Ilsley finance minister and Hon. J. A. Glen resources minis or. The Dele a Ion urged government consider the pos ability of Grant Ilsley Tig special tax treatment to the Gold mining Industry and its Floyces. A second Gold mining Rosip seeking wage increases for employees of Toburn and Bidgood mines in Northern Ontario was old by or. Glen that the govern ment proposed giving immediate and serious consideration to All phases of the Gold mining in club by. Alberta will still be Short of essential housing for two More years even if objectives set for housing construction in the Dominion for 1947 Are attained Arthur Arnold director of housing said n Edmonton on his return from a housing conference at Winnipeg. He said it was generally agreed that Alberta is in the worst shape of All in regard to housing. The Nova Scotia association for advancement of coloured people has pledged its financial and moral support of a civil suit brought by mrs. Viola Desmond Halifax negro Beauty parlor operator against a new Glasgow n. S., theatre manager for malicious prosecution and related counts. The incidents occurred nov. 7 when mrs. Des mond says she was refused a Down stairs ticket. We want to prevent he spread of color tactics in Nova said an association spokes of his soldiers As if they were it would be neither Wise nor desirable at this time to declare the War emergency ended says rep Earl r. Lewis of Ohio chairman of a special Republican committee to study termination of president Al War Powers. A Blanket declaration of the end of the War would Force the War department to abandon its present modernize organization which is based on the War Powers act and rever to the outdated organization prescribed by earlier says or. Lewis. Since Early november Argen Tina s secret police have been combing not Only their own coun try but Chile Uruguay Paraguay and Bolivia for a Chubby cheeked Bank cashier named Vicente mad rid. Madrid it is claimed engineered one of the Slickest sleight of hand tricks pulled in South America in Many years. There is considerable disagreement Abou what actually happened but i would appear that the cashier absconded with pesos Abou that an Argentine firm sent for Deposit to the National City Bank of new York s Brand in Buenos Aires. It s at shop easy thursday morning Large smoked fillets la 29o fruit juices Grapefruit 20 of. Q tins75c blended 20 oz.6t.ns Orange 20 of 6 tins Lemon 13c Mitchell s Apple 20 of. Tin 1 4c shop easy stores limited Saskatchewan is being treated a political propaganda reel in the Saskatchewan government ser says or. J. N. Haldeman president of the Saskatchewan social credit league. Theatres in Stegina have exhibited a one reel film in which Premier t. Doug As Speaks on the provincial hospitalization scheme which goes into effect Jan. 1. Through these plans people will be kept in suf Lucient economic servitude for our politicians to graciously take care of it is essential to recognize the elementary fact that the Basic characteristics of Canada s two races Are not Only different but always will be different it. Hon. Vincent Massey former Canadian Ligh commissioner to the United kingdom said recently in Quebec City. There is common ground bet Ween the two races French speak no and English speaking which canadians must find said or. Mas sey for if we do not we will make nonsense of two centuries of new year s Day 1947, will have historic significance As the Day on which canadians assume full fledged citizenship and civic bodies j. Shaw has been elected mayor of North Bay ont., Ana As c. Mort Fellman managing Edi Tor of the City s daily Nuggett can rest easily for another year. Six weeks ago in an editorial he asked who should be mayor. My Boss or my at that time Alderman j. F. Grainger managing editor of the paper and Alderman Arthur Seattle fell Man s father in Law were the Only mayoralty candidates. Mort s dilemma As explained editorially was shall i get kicked out of my Job or of my fortunately for the. Editor another contestant entered the neither of the two original candidates won. A whispered proposal of marriage in the ear of Peggy Hopkins on the Spur of the moment and on a1 the Volunteer suitor a fast blow in the Eye from comedian Joey Adams in new. York night club. Adams was escorting the wealthy miss Joyce with whom he is collaborate in on a new Book. Ricci Bernard 27-year-old make up artist from Hollywood the daring one is re ported to have said later i did t mean any insult. I just walked up behind kissed her once and said something about How about marrying me a former missionary student who got hit in the jaw by Lawrence Olivier for trying kiss Vivien Leigh has received further punishment i n London six months prison ment charges vaulting and two men. The Strate told the year Wolfl defend Leigh ant Herbert Wanbon i am afraid you Are a very dangerous person. Wanbon expelled from an Oxford missionary College some time ago said he started to scuffle in fron of the Chelsea Home of Olivier and miss cause there was deliberate in Trigue 1 against him in Olivier old Vic theatre. A Christmas wedding May be Al off because two thugs took Dave Woloshyn a Mil worker from Ocean Falls b. C., for a ride in Vancouver. He told police the beat him with a Beer bottle inflicting head wounds and escaped with his. Money purse containing his life savings which h had planned to use for a Christina wedding. He met the men in downtown hotel and went for taxi ride. Police found him in an Alley bleeding from his Hea wounds. A War crimes court in Athens has sentenced two German generals to d eath for group massacres and deporting of greeks for slave labor. Across the country Are planning ceremonial celebrations of citizenship wee it Jan. 5-11. A National ceremony will be held in Ottawa Jan. 3, in the White Stone supreme court of Canada building with Hon. Thibaudeau Rinfret chief Justice presiding and represent Rinfret nine provinces attending to receive their Canadian citizenship certificates. The new citizenship act passed at the last session of parliament and proclaimed on do minion Day july 1, creates a Dis inactive Canadian citizenship. A school textbook termed pro motion of socialistic and communistic ideas recently by Walter Tucker Saskatchewan Liberal Leader has turned out to be in use in Alberta As Well As Saskatchewan according to Hon. W. Lloyd Saskatchewan minister of Educa Tion. The minister said the Book had been introduced into Saskatchewan last year in connection with the teaching of a new social studies course and has been in use for some time in Alberta schools. A Saint John 1st. B., Consumers Are faced with a serious shortage of milk As an estimated 80 per cent of Saint John county producers with hold their Supply in a demand for increased prices for their product. The milk strike began As the deadline passed for an increase of 35 cents for 100 pounds of milk sought by the Saint John District milk producers and suppliers association. The new Brunswick Dairy products commission said the increase to for 100 pounds would not be allowed. Marshal Tito has opened the All slav Congress in Belgrade with a plea for stronger Unity so that slav people never again will serve foreign interests and that the terrible tragedy of a world War will never occur Dele Gates from Russia Yugoslavia Czechoslovakia Poland Bulgaria and the. American slav Congress applauded loudly when Tito thanked Russia and its red army who liberated the slavs and Winston Churchill has won a Promise that the British House of commons will debate the design of a memorial statue to be erected in Grosvenor Square to the Mem Ory of the late president Roose velt. About 150 m. A s have signed a motion put in the House on re Cord As disapproving the proposed design showing or. Roosevelt standing. They would prefer a James Shaen optometrist eyes examined 204 Montgomery bldg. Phone 97 850 our office closes wednesdays at 1 . Moore s limited pm. 98 181 Moore s were one of the first to comply with the recent War labour boards minimum wage for Drivers of per week. a. W. Fordham auction Sale of valuable living room dining room bedroom and Kitchen furniture and effects at Fordham s Sale rooms 363 Hargrave St. Or. Ellice thursday dec. 12th at 2 . Shore and c. Wigg auctioneers phone 29 040 pity Bridge repairs will Ost an estimated expenditure of 00 for the removal of hazardous structures and the construction of icebreakers for two City Bridges Vas authorized by the Public improvements committee tuesday of i noon. The City Engineer w. D. Hurst advised the committee that is was necessary to remove the fender hers on the Louise and Redwood ridges and to construct a Small icebreaker at each Bridge. The Rork would Cost about s25.000 for Ach Bridge. The engine pointed out that Lis was part of the estimated expenditure of on City Bridge repairs required in 1947. The advisory traffic commission s to be asked to select the Stop no Points in the City suitable for uses operating outside greater Winnipeg the committee decided. Application will then be made to he municipal and Public Utility Board for. Permission to establish these stops. An amended recommendation for the placing of crushed Stone on streets in wartime housing areas will go to Council monday night. Through an error the estimated Cost o such a project was Given Council As instead of 500. The committee authorized the calling of tenders for the following Snow Clearing equipment for the engineering eight wheel Type tractors estimated at each and four Snow plows at each. The following recommendations from the advisory traffic commis Sion were approved that parking be prohibited on the East Side of Erin Street from St. Matthews to Ellice avenues that 60-minute parking be permitted on the North Side of Bannatyne Avenue from the first Lane West of Princess Street to Adelaide Street that Diagonal Park ing be prohibited on the West Side of main Street from Graham to York Averlue and that 30-minute parking be permitted on the East Side of Kennedy Street Between. St. Mary s Avenue and a Point 200 feet North. provincial government is to be informed that it would have to Bear the Cost of any widening of York Avenue adjacent to the government s new Garag heart ache e no i i so Bride pleads for Home just one heart ache out of hundreds of its kind was revealed in the offices of Winnipeg s mayor monday morning. In the anteroom of the mayor s office sat an English War Bride trying vainly to control her tears. She was there to Appeal to mayor Garnet Coulter for help in. Finding a Home for herself and her two children one three years old and the other 16 months. We be looked everywhere but everybody with a decent room re fuses to take said mrs. D. Macduff. The English Bride. Right now we Are living in one room where no washing is allowed and where we have to have our meals mrs. Macduff who comes from London wants somewhere to stay until she can go Back to England. As stand now she cannot sail before March at the earliest. In the meantime what am i to Ernest Hemingway s father wanted him to be a doctor his Mother wanted him to study the cello. Found guilty of keeping liquor for Sale Julie Lambert 931 Spring held Road was fined s100 and Given two weeks in jail when she appeared before magistrate Henri Lacerte in St. Boniface police court tuesday morning or. Jacob dentist and associates offices Winnipeg i Brandon Montgomery bldg. I 939 21514 Portage ave. Rosser ave. Hours Day 9 . To 6 . I for Sale at f. Pound s i greenhouses nurseries i 1028 Mulvey ave. Cor. Of Wilton phone 46 407 open evenings after Dee. 15th we deliver. I open evenings Ive great tasks undertaken by Industry a. E. Arscott president of the Canadian Bank of Commerce outlines Progress in reconversion unforeseen difficulties not yet solved Bank s progressive year reviewed s. M. Wedd vice president and general manager by Cut Down on taking laxatives this Way see How regular you can be every morning try taking 3 and set a definite time every morning. When you get regular every morning Cut Down to 2. After a few Days try 1. Then try taking Carter s every other Day. You May even find you can keep regular without any laxative. You see. Carter s Are so tiny you can Cut Down the 3 to fit the needs of your individual system. Without disappointment. Carter Are doubly effective because made with two vegetable herbs compounded prop Erly for thorough easy action. Thousands can Cut Down on laxative . Ask for Carter s pills by name to get the genuine at any Start tha Carter graduated dose method tonight at the annual meeting of the shareholders of the Canadian Bank of Commerce held tuesday at the head office in Toronto or. Allan e. Arscott c.b.e., president addressed the meeting in part As follows More than twelve months have passed since the fighting ceased on the Battle fronts of the recent world War. The people of Many of the countries involved Are directing their efforts now towards the achievement of their ideals of peace time activity and so it is in Canada. At the end of our crop year we View a country which has received a full measure of the Bounty of Providence. This year s crops Over All Are among the highest on record. The Harvest in the Prairie provinces Rias been outstanding. The Orchard districts Lave prospered although the difficulties of obtaining adequate packing and shipping materials hindered for a time the marketing of Many of the products. Forestry operations Are the most Active Ever undertaken in Canada owing to a Peak demand at Home and abroad i Lor lumber Wood pulp and newsprint. All in All the coming to a close can be considered a Good one so far As our primary products Are concerned. Canada has so Long been considered by Many to be a country dependent for its Prosperity on the products of the land be it in agriculture forestry or mining or of the sea that the Industrial development which took place during the War years May be overlooked. This development was essential to the War Effort but in the year that Lias passed we have commenced a note worthy reconversion to peace time activities. Reconversion a year ago we faced a major task of re casting Canada s greatly enlarged productive system to. Cope with the anticipated needs of peace time both in Canada and abroad. This change Over involved the cancellation of War contracts of Over million the transference of at least Ivi million people from the armed forces and munition plants to civilian occupations the reconditioning of overworked industries and the redistribution of available materials. Up to six months ago excellent Progress had been made but then delays ensued through a series employer employee disputes which crippled the production of Many fac tories and Mills during the past summer. We lost among other things during that period a very Large volume of Industrial production which might now be regarded As the unfinished business of the current year and which must be undertaken anew. In the last two months there has been a resumption of business in All Industrial Fields and. Taking the year As a whole How Well this massive and arduous reconversion work has been done May be judged by a few facts. Civilian employment during the year reached a record peace time level in spite of the difficulties of re location and it has been estimated that in the Spring of this year 4% million people were gainfully employed. Production of civilian goods Gener ally has been in Many lines the volume established in 1939. Noticeable too has been the buoyancy of our exports which have been at an average monthly rate of roughly million and this with out the volume of War supplies that bulked Large in exports in the War years. This average in comparison with 1935-1939 Fig ures is about double the pre War value. Imports of a monthly average of approximately s150 million were the highest in the recent history of this country. I think we can All agree that this record is a worthy accomplishment main objectives there have been unforeseen difficulties to Cope with in this transition period and they All Are not yet solved. New problems and issues that were in the first instance considered of secondary importance now Are developing to an extent that commands careful thought and study. From the Maze of ideas and ideals that gained prominence during the War years two stand out the objective of a High level of employment and the desire for stability. These targets Are not capable of achieve ment merely through legislative enactment nor Are they capable of precise statistical measurement yet they Well May serve to set the course of economic activity for years to come. To reach these objectives there Are a number of factors to be reckoned with and a thorough understanding of these is of prune importance. I have particular reference to the Impact of the War time expansion of Money the Cost and Price of commodities both Domestic and and the effects of taxation. In approaching the problem of retaining a High level of employment we must re member that during the War years our productive rapacity and our productive possibilities increased Many mainly for War purposes. Now we have the tasks of encouraging and increasing he rate and volume of consumption of our products both at Home and abroad. With respect to stability our efforts must be directed to main Taining a balance Between deflation and inflation. Over All policies must be designed to match consumption with maximum out inflationary tendencies in the Economy there Are Many definitions of inflation and much attention has been directed to its inherent evils As an almost inevitable accompaniment of High level War production there has been a marked expansion of the volume of Money which might be viewed As monetary inflation. On the other hand by Means of Price and wage controls in vestment of savings in government Bond issues and taxation to meet the costs of War Price inflation has been moderate. However the increase in Money Supply brings with it ominous possibilities the seriousness of which depends on a number of factors. If people decide to hold their Cash or savings deposits and to retain government Bonds bought during the War in Stead of making purchases while goods Are in Short Supply then to that extent the threat is reduced but it will still be present until increased production at relatively stable prices bring the Post War Supply of goods into balance with the present volume of Money. In interpreting inflationary or deflation Ary tendencies it is usual begin with an assumed balance Between goods and serv ices available on the one hand and the Pur chasing Power of the people on the other. Deviations from this balance Are viewed As inflationary or deflationary depending upon which Factor is. In greater Supply. The Quan Tity of Money available now for consumption purposes in relation to the present Supply of goods emphasizes the inflationary potential. In pursuing this pattern of thought caution must be exercised in Assum ing that people will spend without regard for Price or exercise of. Choice. However As i have indicated already the swing of the pendulum depends upon Many factors not the least of which is the attitude of the consuming their attitude can not be forecast with any degree of accuracy. Haying regard for the above Circum stances it is in the interests of All business to consider in terms of current conditions the significance of the term pent up de and what has become known As the Back log of unfilled orders. Ordinarily demand is governed by prices and upward Price adjustments May serve to restrain the volume of replacement demand. Care must be taken therefore to avoid the making of commitments which depend for Success upon further Price increases and free spend ing. Also it cannot be overlooked that i icing out of the Market can happen. Both at Home and abroad. Hence it is necessary to keep in mind that increasing costs of production can be the main contributing Factor to such a development. Taxation during War time taxes Are paid willingly in the main because people Are motivated by a sense of patriotism and duty. When this urge subsides the continued heavy Burden of taxation becomes noticeable and acts As a deterrent to investment to risk taking to saving and also to productive activity. It must be recognized that taxes whether they Are levied on goods or serv ices or earnings in the end fall upon the citizens. It is impossible to appraise the reaction of All individuals concerned but with the great body of workers the important Factor is not the Gross income before tax deduction at the source but the amount of the take Home pay. In the individual s mind the question of whether or not he is being reasonably rewarded for his work hinges on the net amount he receives in his pay envelope. Thus the natural incentive of the worker to put Forth extra Effort to achieve maximum per capita production with higher Gross earnings lends to diminish when heavily graduated income taxes have the effect of allowing a relatively lower net return for the extra work consequently production suffers. In like fashion very High taxes have the effect of discouraging venture capital necessary for the development of those assets which have a relatively High rate of depletion. Taxation and spending in the main Are inseparable. It is Well understood that taxes Are necessary and that no single Ideal expenditure Revenue pattern can be. Outlined. The effect however of continued heavy taxation on peace time activity in All spheres suggests fresh study towards revision of. The whole tax Structure. Also consideration May Well be Given to the advisability. Of turnover or selective sales taxes to a greater extent to allow of a modification of direct income taxes which Are having a hampering effect on business and production in general. Production and wages the task of production has been increased by work stoppages and shortages. Because of the interdependence of All branches of Industry or dislocation in any one part of the Economy Causer a wave of disorganization throughout the entire sys tem. This has been demonstrated in recent months. Wage issues cannot be segregated from the. Well being of the Community. In this connection i think it timely to Point out that changes in rates of pay for certain groups do Little More than give these groups greater command Over the available Supply than those groups not included in pay increases. And an Over All increase As suming the same rate of production ultimately completes the Cycle with everyone Back in his relative position. International relations throughout the War years Many reports have been received of the High standing of Canada and canadians. Even in recent months Canada s role As a creditor country has been noted favourably in other countries perhaps because few if any political strings Are attached. This is All to the Good and no Canadian can be other than proud of this record. However War conditions pass and no less than ourselves Are the people in other countries working toward rehabilitation. It is at this Point that we must Trade not on our record of the War years but on. The Quality of our products and on our prices relative to competitors. Changing costs of production and other Allied factors May Well alter our terms of Trade to our disadvantage. The test of sustained Iiah Domestic employment is the continued willingness of foreign countries to engage in Trade with us. Our stake in world Trade is perhaps As High As that of most countries involved in the Trade discussions to be carried on in connection with the operation of International monetary agreements. Unless nations work together on problems of Trade efforts to stabilize Exchange rates and to encourage the flow of International investment capital will have Little Chance of being effective. International Trade is the Keystone in the whole program of economic co operation. It is obvious therefore that our. Aims must be at least to maintain the current level of. Exports to Trade with a wide variety of countries and to achieve a Well rounded balance with All countries. It seems reason Able therefore to support the rehabilitation of european economic areas and their import Export programs. In conclusion i my say that in today s transition period it is necessary to recognize the difficulties involved in replacing the War. Incentive of self preservation with the ideals of individual Freedom and Liberty. In this task we must not lose sight of the principles of , As we know them in spite of the seemingly attractive alternative proposals which ultimately must Lead to the subjugation of the individual to the state. It is not my intention to attempt to allocate responsibility but it be cons our business of conditions arise which make it impossible to operate As a free people. We canadians and i believe i speak for All of us under stood that the recent War was fought to1 destroy the possibility of control Over our lives by the arbitrary exercise of Power. Maintenance of this objective through the transition is of equal importance. Let it be remembered that individual Freedom and democratic government were recognized Many centuries ago As the highest yet most difficult Way of life to attain. General manager addresses meeting we Are pleased to present to you a bal Ance Sheet which indicates a satisfactory growth in the business of the Bank and also to report that the number of our individual customers both borrowers and depositors is continuing to show a substantial increase and now Aggregates Over this is a Gratifying reflection of our useful service. As you will observe from the annual statement which is before you the total assets of the Bank stand at an increase of in the past twelve months. Quick assets aggregate 416, or about so of the Bank s liabilities to the Public. We have on Deposit with the Bank of can Ada and in notes of that Bank notes of and cheques on other Banks amount to Dominion and provincial government securities of which Over 36% mature within two years stand at Public securities other than Canadian now aggregate these Are mostly rep resented by the obligations of the United kingdom and of the United states. Our Call Loans in can adar which amount to Are Down from last year and reflect to some degree the readjustment which has been taking place in the various Stock markets. This also applies to the Fig ures our Call Loans elsewhere which presently stand at current Loans in Canada now amount to there is an increase of 322 in these figures which is an indication of the general activity of Post War business. Our current Loans elsewhere amount to the total of the deposits by the Public stands at represented by in current accounts and bearing interest. Earnings for the past year Are higher and it will be noted that after providing for increased dividends the amount carried for Ward into the profit and loss account is this is in excess of the amount carried Forward a year ago. Our various branches continue to be very Busy and in a number of instances Are obviously in need of enlargement. However rather than accentuate the existing Short Ages in materials we Are restricting our building program to the. Bare necessities for the time being. Painting and repairs Are of course being proceeded with As the Siru action requires and As Man Power is Avail Able. It is a source of great satisfaction to Wel come Back to the Bank so Many of our staff who were in the services we Are taking All possible Steps to see that the period they have been away has not been a Handicap to them. I should like to emphasize at this time that the satisfactory results of the past year s business Are ample evidence that the staff of the Bank Are competent and aggressive. They Are a splendid group of men and women of whom the shareholders can be proud ;