Winnipeg Free Press

Saturday, November 17, 1951

Issue date: Saturday, November 17, 1951
Pages available: 37
Previous edition: Friday, November 16, 1951

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Winnipeg Free Press (Newspaper) - November 17, 1951, Winnipeg, Manitoba Freedom of Trade Liberty of religion Equality of civil rights press and pull thud the Winni Pai free company limited 300 Carlton so ret Winnipeg . Authorized m to cont Clui matter by Paul department Ottawa. K. 8. Malone Victor Totton a publisher Grant Dexter editor vict president Wra. Lord manac Winnipeg saturday november 17, 1951 interest rates and inflation the present increase in interest rates on Federal govern ment securities which will affect All securities represents an other stage and doubtless not the last in the government s at tack on the real causes As distinguished from the symptoms of inflation. As such it is to be welcomed. This increase in interest rates Means that the Price of government Bonds and thus automatically of All fixed securities has gone Down. To increase interest rates is the classic and most reliable method of combating inflation. When interest rates Rise two complementary results follow. First both governments private corporations Are discouraged from borrowing Money and therefore from increasing the total Money Supply through the expansion of credit spending this Money on scarce goods and thus increasing the inflationary pressure. Second since they can now secure a larger return on their investment All owners of Money Are encouraged to save instead of spend and thus reduce their demand for goods. One of the chief causes of High prices is the present Gigantic programme of capital investment both governmental and private. This investment is using More goods and Man Power than the Economy can presently afford and no anti inflation policy can succeed without cutting it Down. Though this fact was Long obvious the governments of the United states and Canada were slow to use the interest rate to this end. After the korean War touched a new wave of inflation the United states Federal Reserve Board proposed to raise in Terest rates but was prevented from doing so by the Treasury. Early in 1951 the Reserve Board persuaded the Treasury to accept a slight increase in the interest rate. The Canadian government could not act in this Way without corresponding action in the United states lest interest rates Here higher than those of the United states attract a huge inflow of United states speculative Money seeking an increase in its return and thus swelling the total Canadian Money Supply. As soon As it was Clear that the United states would raise interest rates the Peg on Canadian government Bonds was removed allowing Bond prices to Lall moderately and the interest rate to Rise. The was re inserted when interest rates had risen on medium and Long term securities from 3 per cent to 3 20 per cent. This occurred last Spring. As inflation still continued and As its greatest pressure obviously has yet to be Felt when the rearmament programme hits its full stride a further increase in interest rates apparently was regarded As necessary. Now the Canadian govern ment has again allowed the interest rates on its Bonds to Rise. Since thursday the rate has risen from 3.20 to 3.40 per cent medium and Long term the rate on provincial Munici pal and private borrowing has gone up proportionately. What action the United states will take remains to be seen. A policy of resisting inflation in this Way requires High courage in government. An easy Money policy is easy also in politics. A harder policy presents great political difficulties since it seems at the moment to injure both private investors who hold fixed securities and provincial and municipal govern Reents which Are seeking Money in the Market and now must pay More for it. The owner of any fixed Security will receive less for it on the Market now than he could have secured before the interest rate was raised. It should be remembered however that he will receive a Hundred cents on the Dollar if he holds the Security to the maturity Date. It should be remembered also that the government of Canada never guaranteed to hold its Bonds at Par or at any Point below Par at All times. This guarantee was frequently sought in parliament during and after the War and was always refused. The successive refusals of or. Ii Sley and or. Abbott have been noted Here before. No govern ment in its senses could give such a guarantee for by so doing it would throw away its most essential weapon of fiscal Man Holder of need securities which have dropped some ing l of. Al Latrue j. I. A slug iuiiu5 aug nit. Una Csc Nija. What on the Market will realize that his major concern is prevention programme. All and developed the purchasing Power the True value of his Money therefore a acted in this ways the our chasing Power me i us looking ahead beyond the temporary fluctuations of the Money spent in the province and upon Juu imms Mcm i Anh nip Ventle work looking Aneau a Junu Market he should support any government policy which strikes at the causes of inflation. The government s policy which May seem to damage the Small investor at the moment in fact is designed to protect him. Provincial and municipal governments As Well As private provincial an Muncha Sentive services Are corporations certainly will feel the inconvenience of a higher entirely by contributions chiefly morn to borrow. That is not an persons receiving the jul p interest rate. They must pay More to borrow. That is not an accidental result of the government s policy but its real Pur seats. Dog this purpose is to Cut Down sharply government spend ing financed by borrowing which creates inflation and by m creasing the interest rate to encourage saving. If because of the higher interest rate Junior governments and bus mess con Cerns Are compelled to postpone some of their capital spending t _ a i. We i v.nif-1 n Tevlo Elf it Cerns Are la this is part the Price which must be paid in the fight against the High Cost of living. It is indeed a Small Price com pared to the Cost of still More inflation. It simply Means the nation is trying very late to live within its actual income. The Federal government is showing notable courage in an extremely difficult situation. It refuses to use against Fla ton the sticking plaster remedies of direct Price controls. It is District. The winners of these awards of course Are boys who have ton e s depending upon fundamental instead of the superficial reme Dies proposed by the and until recently supported by o i5c, the conservative. Party. It is following the hard and perhaps maintained a High Standard Dur arbu the Only workable policy. Such a policy ing the past year in realizing he everyone can Only succeed with the intelligent support True meanings served by the y it. Of a people who understand the real causes of inflation and who simple realize also that the most dangerous pressures of inflation Are through still ahead of them. Hon. S. Marcoux with the untimely death of Hon. Sauveur Marco ii Premier Campbell has lost a valued Mem Ber of his Cabinet and French Canadian culture one its champions. Or. Marcoux leaves behind him a Long record of Public ser vice in educational municipal and provincial affairs. Before he was elected to. The legislature for the first time in 1935, he had been Reeve of his municipality and his first hand knowledge of municipal a Ximiness was to stand him in Good Stead in his subsequent appointment As minister of municipal affairs in the Cabi net. Although he was appointed to this office in ims he had been in the Cabinet As minister without portfolio since the year of his first election to the House. He had personal qualities of friendliness and kindness that Union is always right. Britain would now be in an Era of in parallel Domestic Well being by for soviet armaments and the refusal of the . To work in a Friendly Way with people who re fuse her Here in Canada we would be free of vast outlays Mil lion this and our Cost of living and taxation would be much lower if soviet Russia could work in a Friendly Way with Peoples who refuse her Domina scarcely a Wise remedy e fiction out done by fact . Prevention at least 122 Manitoban now living in Normal health would inevitably have died during 1950 but for the change in the tuberculosis death rate brought about in the past five years largely through the rapid broadening of the effectiveness of preventive services in the province. That figure is based upon a report by or. E. L. Ross medical director of the Sanatorium Board of Manitoba. Most of the credit for cutting tuberculosis deaths by 40 per cent in the Short period of five were 183 such deaths in Given by or. Ross to the Early discovery of new cases made possible by to bile a Ray units and travelling clinics. It was that last five year per incl that brought the first wide scale application of the program me of Hunting out cases both in their own behalf and As a Means of halting the spread of the disease by finding unknown sources of infection. And those same five years brought a greater reduction in the death rate from tuberculosis than had been accomplished in the 10 years be fore. Between 1935 and 1945, with attention largely concentrated on treatment the annual rate of death per from tuberculosis in the pro Vince dropped by .60.8 to 42.8. But from 1945 on through 1950, in half the time with stress on prevention great y increased the decline was by 42.s deaths per 000 Down to 23.9, the lowest rate Ever recorded in Manitoba. The spectacular Success of hese results makes very Clear Ivy the programme is continuing with about one third of the 0pulation being a Rayed Annu ally because control of tuberculosis if discovered in time is re actively easy but the disease multiplies rapidly if left Union rolled. The showing too explains the coast. A committee was struck teat Appeal of the Christmas to study and counter this danger deals now being sent out to every possible source of info i Ane i the Hamilton on the Trail of the v-2 s to l c his fifth volume on the Sec _ Ond world War closing the Ling recently published serially n the new York times or. Churchill carries his narrative Orward from the time of the of lapse and capitulation of Italy n 1943. He gathers momentum As he proceeds. The tale unfolds with quickening Pace and mount no interest. Dian boys being among them Ter for Hitler because less was but in the result the beginning known of it and defensive Meas of the rocket raids on the ures were restricted to bombing with their appalling loss of of launching Sites As soon As life Vas delayed by a year they could be identified. M r. Churchill estimates that of some each one of these men in dying hundreds of such Sites 40 saved not one but Many lives. More than that the germans As a consequence of this raid decided to move their rocket a cd Luculus Illust liicj1 i Kyj i jux l there Are frequent digressions i for eng Range out of the reach of rom the main theme and some t these Are of enthralling in Janet in an area where the Allied Erest. In one or. Churchill tells underground happened to be he Story of the German rockets particularly Strong and effective. Ind pilotless planes. First is a minute of the chiefs of staff dated april 15, 943, saying that there was Rea on to believe that the germans vere experimenting with Jong vere experimenting with Iong mans Jire a rocket Spe. Ange rockets. The experiments Cia located squad of troops vere believed to be going on at Hen Rugh to on the s of of thousands of Manitoba Homes to mation _ Aerial photographs to the onion raise funds for the tuberculosis Ross examination of prisoners he control and preventive work hat has been proven so effective. Actual treatment in Sana iv6 r course the free to All it was decided this particular Ger Sensi danced by Man development had to do Wuh but the pre rockets known by the British Sentive services Are paid for Honor to scouts the presentation saturday evening of King s scout certificates to 63 Manitoba and North Vestern Ontario boys by the lieutenant governor his Honor r. F. Mcwiliams is important both because of the recognition von by the award winners and s evidence of the Progress of he scouting movement in this through the inherent in Many of his Fellows both inside rests of boys the Fine Basic and outside the House. Among qualities in their natures and those who will miss him most in heir love of adventure to help the province Are the French speaking groups whose representative he was in the Cabinet and whose welfare was one of his prime interests. Plain speaking during the recent general elec Tion in the United kingdom there was some Plain speaking by labor candidates against communists. Since we have still to rid our City Council and the legislature of communists a typical example of this Plain speaking will be of interest. Speaker is or. H. N. Smith the labor candidate for notting Ham South. The local communists had offered to support him. He replied As follows i am unalterably opposed to the communist party because i detest the police state. Moreover i regard As preposterous the com them find in the Conception of scout brotherhood something to be carried into maturity. As a Conception growing up in More than 60 countries it is capable of becoming a great Leavening Force in the world. With 63 King s scout certificates going to boys in the District served by the Manitoba and North Western Ontario Council of the boy scouts association it is evident this District is Contri buting its share to that grow ing world Force. Brought him the warm regard of Monist thesis that the soviet from the Golden books from the blessed Demozel by Dante Gabriel Rossetti the Sun was gone now the curl d Moon was like a Little Feather was e a the Eye in e in fluttering far Down the Gulf a cat of to nos work was killed. And now _ and no. She spoke through the still weather. Stars had when they Sang to Gether. German rocket development from information thus obtained As v2 s. By the fall of 1943, sufficient data had become available to indicate that the germans were also far advanced with pilotless aircraft. Or. Churchill says that after a great Deal of work the germans had Given up trying to produce an atom bomb and had concentrated on these rockets and pilotless planes. On june 10, 1943, the German War chiefs were in formed that the e rocket attack on the . R would begin four months later on october 20. It became essential to attack Peene Munde. Bomber command ordered 571 heavy b o m b e r s to make this attack on August 17, of the costliest flights of the War. The target was relatively Small. It was beyond the reach of radio navigation beams and could not be clearly spotted equipment. It was also beyond the reach of fighter plane cover. Therefore the at tack had to be made in Bright Moonlight at not Over feet and in Defiance of German night fighters that swarmed to the de Fence. The bomber Crews were was achieved. Results of capital importance and. Were burned. The factory itself was heavily hit and it. Gen Hemier Gembinski the the germans promptly abandoned Peene Munde in favor of i Jincia her voice was like the voice the underground works in the Harz mountains. This raid Cost us some 200 splendid men Many Cana our bombers. They moved to to gathering up of fragments at this Point the Churchill Story outdoes fiction. The Ger then Rush to the expo Point and gather up All the fragments for later examination. But now Small groups of polish patriots took to the Fields hop first. Polish scientists in the garb of peasants moved about the Range observing and speculating on the construction the Means of firing the Range and accuracy Etc. All this information and material was transmit Ted to London promptly. Gradually the scientists in England be Gan to accumulate bits and pieces of rockets. And then came the Lucky break. Hundreds of such Sites Only 40 escaped detection and damage by air attack. The Story makes Clear what has not been known hitherto that our Side was Well informed on Hitler s secret weapons for Well Over a year before they were used and that this prior knowledge enabled defence Meas ures to be taken which greatly reduced their effectiveness. I n deed while there was very heavy loss of civilian life m r. Churchill states that the War Effort of the United kingdom and the prosecution of the Battle in France were wholly unaffected. Smearing the Institute belated warning after conducting 10 weeks of Public hearings which had the effect of smear ing the Institute of Pacific relations without giving it any Opportunity to Clear its name senator Pat Mccarran a Nev As chairman of the . Spitale internal Security subcommittee has warned against premature judgment of testimony thus presented. There was a Quality of Belat about his warning How Ever for it was Given Only after or. Gerard Swope As chairman of the american Institute of Pacij in relations had issued a carefully documented answer to the efforts to discredit the Institute and challenged the procedures of the Senate group As a violation of a Basic principle of democracy. Of concern these matters Are of concern to canadians for several Rea sons not the least being that he Canadian Institute of inter National affairs with groups from nine other nations is affiliated with the International Institute of Pacific relations and that two eminent canadians have held the chairmanship of he National governing body. It follows that the testimony Leard by the Senate group in to original and unchallenged torm could be viewed As refit it no indirectly on a Canadian body. Additionally one aspersion on a Canadian official was of Juch a nature As to produce a direct denial and rebuke from Lanada s department of Exter Nal affairs. The latest answer to this iness has come from a spokes Man of exceptional authority. Or. Swope is known almost Well As a Public figure As he s for his position of leadership n the business Community. No Man could be less Likely to be ome involved in or Blind to communist conniving of. The kind those seeking to discredit he Institute of Pacific relations Lave sought to associate with it or. Swope after serving As Active head of the Gen Oral electric company is now its honorary president. He has held office As assistant Secre Ary of the . Treasury As member of the first National la Dor Board in the ., As Mem Ber of the presidential adv Ory Board on economic Security is widely known for his humanitarian activities. In describing the picture of the Institute which emerged from the Senate group s hear Ings As incomplete and pre Judi or. Swope noted that much of the testimony was Given by discredited persons who have had communist Affili he attacked the manner in which unsupported hearsay was accepted in testimony re sort to guilt by association methods refusal to allow the Institute to Cross examine witnesses and the inference by two Sena tors that die Institute had been adjudged guilty of conspiracy before it has had a Chance to speak in its own his criticism however was of the Way in which the selection of witnesses and the leading questions put to them and the unworn statements of the subcommittee s Council have been designed to discredit the in Complete disregard of the widely recognized scholarly character and Ilie importance of the Institute s re i Barcli publications and conferences Over the last 26 it is this aspect of the hear nos too that came As. The great est Surprise to canadians. Their whole association with the Institute has been on of non partisan at All involved in actions intended to influence governments but solely concerned with efforts to Widen understanding of an extensive Range of questions of Reat Public concern. Service Given Only such course Are associated with the Cana Dian instil Ute of International at fairs Whilt is affiliated with the Institute of Pacific relations. No other motives can be found for the service Given by the late Edgar j. Tarr and the late to. W. Dafoe As chairman of the Paci fic Council. How the smear methods be fore the Senate subcommittee disregarded and obscured those purposes my motives and the answers that show the falsity of the smears will be told in a Sec Ond article. Of in sir George Parkin is chiefly remembered today no doubt As the advocate of Imperial federation or Asad mini Strator of the Rhodes Trust. But in the Story of Canadian poetry he demands a special Niche As the teacher of Charles g. D. Roberts and Bliss Carman. There is every reason to believe that in the flowering of. New Brunswick he was the benign influence which made the poetic Flower Garden possible. Roberts and Carman put it on record in language about Asun magic for us England just one rocket was a Dud. It came equivocal As it could Well be. Down at the Edge of a River. Roberts wrote he would because of this water Barrier take us favored two himself and the poles got there first. They or Long walks Over dug out the rocket regardless of the wooded hols behind Freder the danger of explosion and of jct on his Lalk weave their own capture and rolled it into the River. They then filled in the Hole and made All seem natural. The germans searched and searched and finally gave up. The poles then returned drag ged up the rocket and hid their prize in a nearby Forest. A polish Engineer or. A. Koc g an under instruction from London dismantled the rocket. On the night of july 25, 1944, he and his precious cargo were picked up by a Royal air Force Dakota and 11 o w n to England. Then was thrilling to the 11 e w music the new color the new raptures of Swinburne and Ros Setti Parkin was steeped in them and in his Rich voice would recite to us ecstatically Over and Over Tiu we too were intoxicated with them the great Chor uses from Atlanta in passages from the Triumph of but above All from the blessed Amozel important influence Moon Jit it a t a much lower than Normal Kowgan returned to Poland was caught by the Gestapo and executed in Warsaw on August 13. Not Only was the launching of Lence Ajoc Mot Only Jaun Chung i Given the facts and took the air this at tact delayed from the fall knowing that if they failed to of 1943 to september 1944, but reach the target the raid would the Means of defence against it have to be repeated until Success were tremendously strengthened were tremendously strengthened and improved. By september 1944, the advancing Allied armies were Over running the launching Sites in Northern forty bombers were lost France. Improved Sites but partly by Luck the re hastily built m Holland but the suits As or. Churchill tells greater distance made of r less were of capital importance. All accuracy. Moreover As defeat the constructional drawings and gathered about the nazis their Blue prints by which other Rock rail and Highway comm Mca it factories were to be built became so congested that happened to be at Peene Munde the rocket attack petered out. Vav the pilotless plane fared bet birthdays w. J. Saunders Winnipeg bom Prescott ont., nov. 17, 1871. Mrs. William Hedden Belmont born nov. Miss Amy Mcpherson Winnipeg born Strat Ford ont nov. 1854. And e. M. Pomeroy in a Pas Sage of the biography which Roberts must have dictated or at East edited says the most in influence brought to ear upon the poet in those years at Fredericton collegiate school was that of the headmaster George r. Afterwards s i r George Parkin. So stimulating so inspiring was the relationship that in afer years he continued to regard he influence of Parkin on his Ife and work As second Only to that of his Bliss Carman speaking of his first meeting with Par Kin himself then a Young boy said i did not guess that i was to come under his care some years later to spend six of the most impressionable years of my life under his daily supervision and guidance and to become for Ever indebted to him More than anyone else except my parents for the most precious things of Parkin had come Back from Oxford steeped with the music by Wilfrid of the great victorians. He was also a Lover of the classics. Car Man wrote in the classics which were his chief subjects his great appreciation of poetry and letters gave unusual scope to the Day s work with him As an instructor it was impossible not to feel the Beauty of Virgil s Lovely passages and the greatness of Homer As he read them i can hear now that ringing voice in Many lines of English poetry As he read them to us feeling All their glorious Beauty. Small wonder if some of us became infected with the rhythms of the muses All unconsciously and must be haunted for Ever by the cadence of Golden if Parkin rave much to the Young of Fredericton he earlier Nad received much from the teachers of Fredericton he was born at the Village of Salisbury n.b., trained in the Normal school of Saint John taught for a year at Buctouche and for an other year on the Island of Campobello. Saving All the Money he could and aided by parents he went on to the University of new Brunswick and there spent a period of three years in almost unalloyed Hap those three years were among the very happiest of a very Happy life and i always look Back to them with the keenest at Fredericton Mutual defence major Gen. Sir Ian Jacob in foreign affairs tote believe that the men in Vav the Kremlin Are out for world domination. They do not differentiate Between peace and War they seek to attain their end by whatever method is appropriate at any Given moment. All free nations Are their prey. This being so All free nations must unite Lor Mutual self de a Fence. It is just As important for Britain to help save the next scented communist victim As it is or other nations to help the uni Ted kingdom maintain her vigor and potential Power. No further members of the free world must be allowed to succumb and in due course the tide of communism must be pressed Back. Hence we in Britain believe that the Atlantic treaty must be the forerunner of analogous organisms in other areas All fall ing within the general scope of the United nations. In the face of the overriding menace lesser differences of opinion must yield. There can be no place for neutrality. Today s scripture let us hear the conclusion of the whole matter fear god and keep his commandments for this is the whole duty of Man. Ecclesiastes he was graduated in is67 he taught at Bathurst for four years then in 1s71 he became headmaster of the collegiate school at Fredericton. As such he succeeded or. George Roberts a graduate of Oxford and a Brilliant classical scholar Inci dentally the Grandfather of Charles g. D. Roberts. The records do not say this but i suspect that the act of stepping into the shoes of or. George Roberts who had been head master for 38 years gave George Parkin a sense of Inadequacy which drove him to save every Dollar he could from his modest salary so that in the autumn of ls73, he too could Cross the a in and spend some time Al Oxford. He could Only afford one year Ould Only obtain one year s eave of absence but the inter Ude profoundly affected his whole future. And As the tribute of Roberts and Carman suggests t profoundly affected the future of others also. Otherwise would Young Char Les g. D. Roberts aged 13, have published Orion and other the first Bloom in the flowering of new would Bliss Carman have Resol Ved to be Canada s first professional full time poet and Man of letters remember too that it was a Reading of Orion and other poems that fired Archibald Lampman then also a youth of 19, at Trinity College Toronto to devote himself More ardently than before to the writing of Canadian poetry Parkin s in fluence has hardly died yet ;