THE DAILY ftKWti. Saturday, Page. DoCetnber 14 Principle Problems Ahead of Canada Dealt lion"rim after for Dominion foreign the war.-trade has been competi-lion ton- BEAUTY THE MYSTIC QMUSIC alized during the past year by a I .heavy premium on incw iorK . WAS NEVERMORE NEEDED With at Annual Meeting of Bank of Montreal matter fnnifa. of This wide-spread new condition interest.is a IN THE HOME THAN IT IS ... JHIS ii r CHRISTMAS, in wieury, uiui;u uiu iuur uyo inrnrtnunpcd extent titan Canada , t...u n.i n.. I Sir Vincent Meredith, President, ducuseed the difficult t. nf n.nnn nnnaH. If f TlU P TT1 I in vvilicu mis...uiiuiuua yuntwi. bun I - be remvocd; by increased exports; problems of increased taxation. Hank, will open petition is to be effectively coped L reduced lmport3; by paying in . . . . ... u-ilh I in Innpna.i .nii ....nn, fn.l . Hum fci.w w p rt i,i t r hnpntir nir ri mi I a II n branch in Paris, France. . ... nnnnMnn nnH nn.nrH nnnnn I n I "f"'"""' -r market3. none or liiese reme- Sir Fravferirlr WHliitrns-TavIar. General Manacpr.noint whipn.........i nnvfi reierreu are essen-i ., , . . . i. . .i mies is ai nana, oui wim uie re- llnl. Our best energies must be I. . - 1.1 ed out that there never was a time when country -----increased .iurn. 01 peace,. uiuiuuu snouiu uii L.V directed lo greatly pro- b b, noa, , was in more need,of a sane financial policy. duction of our hasic, agricultural h New York Thon a,So wo can Life anil oilier great, natural nesuurues. , t., .ui . MSik. . noue lur ueneii iuiits bo iur us Montreal, Dec. 14. ((Special; Dominion. For these various ........fn (Mia wav nnrl hv,,-..af.net pr.nnnmv I. ... imports ana exports are concern- The annual meeting of the Bank purposes the. power of the Bank " r ed. Also there is on balance a was greater than ever before nersonnl exnenditures. a solution I. . . Wlicn cloud-banks blot the of Montreal was featured by most r 7 largo amount owing our oovern-can sky dull grey, or while its position had never been be found of our difllculties of , T n winds make outdoors important reference to the prob whistling disagreeable, how elastic. It the maintenance of stronger or more was exchanges, lems that Canada had to work out of interest to point out that while stun,, '"""'fm-niinhlii innrln-'' hnlnnAA; nnrl I d $20o,00O,O0O is owing the I cheery aiid exhilarating are bright lights and """""r Banks of Canada by the Imperial fifes during the post-bellum period. the, cost of everything else had the payment of our war debt I Government, representing wheat sparkling ; The announcement came at a risen the public had paid no Otherwise, we must look for a and munition purposes. In due And in these soul-trying days, how welcome it higher rate of interest for bank shrinkage in business,' to be fol most opportune moment as every course, these combined amounts is the the cheery brightness soothing caress the ing accommodation than before lowed by a readjustment of the manufacturer and business man ; ..C I j . ; will aid the exchange situation. soul-satisfying of the the war. scaie oi wages lor iaDor ana 01 message music you love. of Canada is trying to figure out Tho Premium in question should, As regards the outlook in the the prices -of all commodities. how the Dominion is geing to country, Sir Frederick said: "We shall undoubtedly for therefore, diminish sooner or So this Christmas you need music more than ' later to i a point that will be im th:.t the pass through the inevitable period VU will bear repeating that u 4 ' . ever good music, brings spirit of Christmas or readjustment Canada possesses all the attrib fi . u,u , ,.- ,, , material. Meantime it discour- to everyone, young and old. Such is the music of tbe importation of Sir Vincent Meredith, the Pres-(utes of a great nation, excepting n,.A h nBi.in.i.m. k..t a?es non-cs- ident, dealt particular-Jy with the population The. crying necessity I am confident this will be done 'TX' rom ni .. . . investment Of Canadian 2&?NEW a'.f EDISON prontems immeaiaieiy ahead of the hour is for increased pro- uncomplainingly, in the belief funds in American and foreign the country. The most important auction, mis cannot be fully that all present and prospective Sir Vincent pointed out, was how achieved without immigration, difllculties can and will be over- securities." "The Phonograph with a Soul" it le the country was to meet the interest ve nave room ana ODDonunitv come. This wonderful instrument brings the beautiful on the vast debt of possibly for many millions of farmers and Stood Strain Wall. Many of the Best Families world ofmusicintoyour home RE-CREATIONS $1,800,000,000 which would exist for a good class of labor to de Sir Frederick Williams-Taylon of the art of the world's greatest artists. The New after the war. Increased production velop our mineral wealth and our said in part: of British Colombia Edison does not merely imitate it actually R. wouid relieve the country cf usneries and to convert our grjeat "The east with which financial CREATES with such utter fidelity that the human a portion of its burden and this. forests into lumber and into pulp Canada has met the stress of war ear cannot distinguish between the artist with strict economy and growing and paper. One sure way of at- Prtn rlfMrtn haa han n fnvMtnrilii and Vancouver living and The New Edison. population, would in time adjust trading much immigration is to commented upon abroad. At home the difllculties of the country. make living in Canada cheaD. To nra h., n The true spirit of Christmas lies in the soul of WMV llVUl 3 111 CAI'lCOOlUll XJl out Barred influenza from their Taxation cannot easily be les attain this .object,.there must .be 'prise at the stable financial con homes altogether. Others banish The New Edison. Let it sing its message of hope sened and may be increased, added an end to the public,and private .'ditions in the Dominion. ed it quickly as it did appear, by and faith and love in your home this year. Sir Vincent. A levy on caDital. ..D.. v, i xne reai Dasis or mat staoiiitv fni nwintr ihn nrmr.i advocated in .some, quarters, must Business is Good. is a banking system that has Visit ur lore fir a Jemtnstralitn tf the marvthus b'tw EJiiin only result in the stifling of individual Argentine Republic, South Amer- tr have cnt sent to yvr Itrr.t, ,Y tbligation, if'rcurse, 197 J incentive - ----- - - i.t uiuuauuuo iinovO uu- and enterprise part. limes and. with the facilities ac. vinnr4 hi nni o -i.,,,!,, jm. and the penalizing of industry, The business of the Bank has corded hvlhn M nlsl-nnf .Pinanr. j self-denial and thrift. Taxing been well maintained during1 the has withstood- the severe ....uv,test of uKiiUUCU.'These Charles Wesley Teetzel, Prince Rupert, B.C. capital to the point of unemployment people use a simple but in industrial enterprise ; . w.i.vo. iuc saicm a n very enective remedy grown in would c.uuiu, uuancmg ana me some- stands is without doubt adequate South America. Cinchnnn or PPr labor and involve unemployment of wnat uncertain outlook aL home to meet, any possible demands vian Tree Bark steeped in pure produce serious consequences. ana abroad, we have consistentlv'arisincr' duriner thn rpr-nnafmpHmi .i i t.:.i .. If - " - v.. nmr uv iviiitii uruccas iiib Dower- placed principally T-ag,a,n?1 er-expan- period and for many years there- fui tonic on , , properties of the Bark consumption, the burden of R If)!! ha Hon r.rr I swl Sf(Mi I taxation Is distributed. n, r : - " "l"1;.. , . are extracted and held in suspen .u...0 VUUU.HU1I3. tiiuc xu uimcipaieu aisturnance mision in the wine The Mew Condition. . . ... . . . naa&m j vj i. ' buaLiiuirin it i ri i 111 imi k iionno iro rn ei ir mrv -m y. 1 n With the cessation of hostili rmi. .Mnmnri.nnn " u nv."" :vr! ,uu" . iuncnoM lree 1,ark imposed ties, the cancellation r, r . ' , .u 7"U,'"V. ""eni wanioans nas from Peru, South America, steeo of munitions -.an-.aB uv u.any new-aesirame ac- and subsided, was to be expected. Utd in wino for Dure contracts has begun andthe adaptation counts, we have maintained a'Seeing that the proceeds of such xtdS bt war industries to peace stron? imiiri nnaiiinn Mniintn in,.0 . . ... ... careruny iiiterea conditions will wTi Mn.i.77 i" r ie uoumry, me and bottled is sold under tho Pro- doubtless bring a policy of the of rinds money, necessity", its ulli- Patent Medicine Art nf about a check with possible dislocation Bank; a policy which in the past'mate way back to the banks rlTJ? Z of business but these as now. hn .irlHorl moforioll l -v.. . .. ' """" " "nic adverse factors should prove the Bank at hom flni hM '.n ' f. L "r"" .."' 1. " TM 1-"",U.1'UK1 01 .MS Stores only transitory. ot Cndin.nnno.nVnv Testimonials from- the very If Canada is lo share in the T,iV ,Tr People of Vancouver. Vic h...fn,.. nHn mr .' I,. " r:;:"r,r"f" - .;... .,,,,,ea. un ine omer band toria and throughout British Co nopin" uui,.Ug U,B .u uu""""s .eaiures aunng me sirengtn or the banker's posi- hUmbia and Western of reconstruction, the the vear were: First tho ai.oQc'iinn h i.i.. i.t Canada are banks must stand by readv to ar, of the system of continuous bor-jof numerous small deposits. Tne lelhSVL range liberal and probably long rmvini?., hv moonc r h s . j ... . . tneni ...(-, j juvuita lug u if. i: viiiiiiiim ill 1 1 1'1 1 1 1 u 1 1 a ri n o intanttArtif term lines of credit providing the Nations War Bonds, which were bv manv m h, 7h'":"Zlll . Ul ,ers tnat il. stored "And You Really Bake Bread necessary funds from their own made available to investor, t mi haa n r.-I' ' u em 10 viSrous Health quickly Before You 'OK' the Wheat?" w "" " O'wnii PIUUU1 LlUUtllKlV. flf niw t H a resources or availing themselves times nn annlinffin Thic ninn n., A,,m x iu, Th tiprastlon of lad y visitor In our laboratory th othar I of rediscount with the Dominion yielded the huge sum o - fiVoo t 0'"" "" . fs a reliab, storativc in day, whan aha aaw our chamlat taking aaral loaa of braad 1 Government 000,000 from daily a"d "erv8 from hla taat-ovan, and tailing bar that only tha whsat pro-j subscriptions $330,795,790.72 a Th I duclng tha blggsat "aprung'i loaf would b aceaptad for As the war ends, all signs point and avoided the unsettling of th. '...m Innl .rfh. ia oVn nnT,8 deb,,,la.nd is enjoyed when oth- milling Into to a great demand for capital for money market which invarjably '.British North As CZ Tl disagrce- reconstruction, refunding and attended the placing of great.war usual, we have certa?n"arge d- or nnnl.r Jm nTu8' T! ROYAL STANDARD FLOUR placement purposes and interest loans. Notwithstandinar this . v- Not only alia, but color and taitur alao antar K'vwsvk vtmiauictt hid va ha rates in cosequence will in all markable response of the invest increase in our; savings deposits into nia anaiyaia or th raauita producad from probability rule high for; some ing public, deposits held bv thn dllTarant whaat. .H grind, "gluten tasta" nine to icaauuuuiy sausiaciory. Prince a nd baksa samples of all whaat bafora acceptance come. Bank nuper Lumber of England are actually 'R.t..,MA . Co. mills at our mill. In this way th uniformity vim particular reference to larger than a year ago. are closed down temporarily and and superiority of ROYAL STANDARD the affairs of the Bank, Sir Vincent 'The second feature is th .uj prujiis, an im- nave a large stock of lumber in FLOUR Is maintained. Of course, It la different BEST announced that the distribution amalgamation of some of the es8ioii exists tnat mese war yard. For prices and informa- our laboratory makes It so. to the shareholders ' unuS"ally fruit- tion regarding it W attend a paraonal Invitation to you to would more important banks in Great J,,? , T , see Albert & call v at our laboratory, or wrlta ua regard-ng now take the form of Britain, "aua' il,e repiy is wcuairery. a straight resulting in a clnsP o.n. if your baking troublaa. dividend of 12 ,ai wnen equate provision ha p.c. operation between 'u per the Imperial annum, ... . ... Made in British Columbia instead m ' iiRpn m n n n rnt n n 1-.-. i 1 of a dividend of 10 'ITfiftSlirv nnrl hn hanto !n TOi I iuiurei so no- rvn E nA .-.-i per -"..o llt meet- (I . , - o HlUSltUI Order from Grocer Your cent and a bonus of 2 p.c. With mg. and solving the financial :.Z.lT!T , anu g00ds at 20 pr.r cent, discount. a view of enabling Canada to be problems with which the country op- Vancouver Willing & Grain Co. Ltd closely in touch with the affairs was raced. u I" ,lcuvf - poslle Post Office 291 In France during the period of reconstruction Change Policy Slightly. .r,Hvmuyu iu even liir- mnt o criit Main Office and Mills Vancouver the Bank .edged securities, it may be stated Branches Victoria. Nanaimo was also "Tho . II , I A - . chance to win i.iu w i."to null ui onpnine Wiftimil rAannfn I I 11. i n . a $91.00 Vic Naw Westminster, Mission City making arrangements for the 1 , ... r 1 ivaviiouuii 111 ui, intj net opening of nrancnes.. in roreign countries to results n ro nnna Inn tor Victrola. triven wiih a branch in Paris. ..... I v i,w UlliUtO J U i j.ii.i .j participate in the business that safetv. t nmuiri uoiiar purcnase at McUae Bros, Le 8ane Financial Sir Frederick Williams-Taylor,Policy. may arise in connection with re- er point, viz.. that while thn nnsi the General Manager, dealt more rMru,, ? requinements abroad of everything else has risen, the especially with UrH,"'8 m8, P-bHc have paid no higher nate development of the business of Fo low ,.,the your 01 interest for banking acom-directors. BANK- QFMONTREAL tho Bank and financial conditions of ng policy modation than before the war many English banks, we have, "After passing in the principal centres through the in. of the prudent l refrain worjd. Sir Frederick pointed out evitable period of economic con ESTADUSUEU OVER 100 YEARS that there establishing branches af points fusion which all countries NOTICE TO CONTRACTORS never was a time when far afield where Canadinn inniini. ..i. it... . . must Canada was more in need of would hp riH " 7" .v"u" .c U1-1 or boundless A Joint vuj(V'V4 fit sound economic thinking and a possible competitive sane financial policy as at present. preiernng rattier to s Bank Account . . ... J J I 1.V ...otMC L Id Wfl m auu eAienu our relations w......th n ... . n.n,i,.. m wnwi oay 0 With the aeonialUnn utirei uu ,B ,or u. miuuciaiiy, may nrobab-ini.ii. erection -"vv wic ; foreign banking houses and to iv.i : ?.f Pe dolphins. noat. rtcCom A Joint Bank Account mnK or British North America 'retain their irnod-wlli iho;h; " u l ." unpro- i; "upen. n.c.. , ,1,0 tVctor-.i mo resources nf h ti. 1 , "wu vAijuusion ana ueveion. iin. bV.v, enables man and wife, or totniinj r.,0 zo r .: wuiwervinff our resources for the ment. Rnnnrtn mc "1,. or rTnJ.V "n'e.ind Forms mV68.28r0'h -Wn h a8itance and encouragement of prosperity Ind nendent v 7 r&&S'lS two members of the same .,' . 1,10 nome trade. In this conner.Uon nnrl , , ' ' UuildinVs. viV.nVT." .'".."eni family, to have a Savings Account in common, and of note that the 7.1 "toiT si ' 7V " 5' .f not never wa a time when ouV eoun! Sf make deposits and withdrawals sets are now as rreat V.rr'!'" V' aiu,K uana-try was more in need of sonml .ie Payable Tu Toi 7iSSr:.8 .V."!!?.4- individually. combined total i-wta of k '""nklnR and sane of lender, which' il.ill La tn&XISiSM WINNirtQ DRUKH Canadianhartered Banks seven! ', 7 , teen years ago. "l ZZ",T l ?L 5 nd f .Our New .York. and. r.nn,in 1 he r7.11 to? ril, "''."h" S? coniraciea m. or If D. R. CLARKE, II. ST. G. LEE, "v 1 t for Th rhJnn.W: r.,."" ?. The BnnV . 11 ui banaua von vi v.. unices navo been Invaluable chan Superintendent r. . 7."" it.generaiiy In FKinee cf unUCce..ru.Ieerer.'W ffWcra Manager, r n 1 r 1 1 At- us amy to us ' "onai- 10 them unnn th. a.....i British Columbia depositors and "Sooner or n.r , ,u J . transac- irieti ui ine con- Ilranclies. PRINCO RUPERT BRANCH. scarenoiders. At the 'o luuiis uuring tne.war Tendprs . . same time i.J ulli nnt hu mn.u country wll without .lonht r r . 1 the Bank had a further rlntv ' ""VI 1" JIICCI, 1 " actual signature VrTflfB national in nature, in he furnMhe"' e,,ve,P fith.il,, h.;;:V",'b!0,..cneaP..ana W"ed labor to been a series of bank fvui nave S?pet2d.,e1 -w.. iwawOa il 1 1 1 1 in lilH I if Qinnn stri f t. -.J 1 amalgama 1 no lowest or any tender not nccessaniv Subscribe for The Daily News tering the vounir inHo.t." 7::':r.V . nwgeoue trans lions regarded by those com! A. E. FOItRMAlV. ' " ,!' luuon laciuties. to a morn petent to Enrlneer. Judge as wise Tubllo Works Department, prepara- Victoria, U. c, November , 1018. The Paper that gets Quick Results