PAGE
TWO
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Friday.
January
21,
1938.
.
CONTROVERSIAL
CHURCH
DOCTRINE
Members
of
the
Anglican
Church
must
have
been
somewhat
startled
when
they
read
in
dispatches
from
London
the
report
on
Christian
doctrine
by
a
commission
of
twenty
bishops,
headed
by
the
Archbishop
of
York.
Those
who
believed
in
the
Bible
as
the
absolute
word
of
God
peed
not
be
disturbed
because
twenty
bishops
allow
that
in
the
light
of
modern
knowledge
this
connot
hp
main.
SixtyNinth
Annual
Meeting
MONEY
FOR
Royal
Bank
of
Canada
JOHN
BULL-
Expansion
of
Foreign
Markets
For
Canadian
Wheat
NEEDS
MORE
n-nfr
Vfttinnat
Prnh1fm
Sjivk
'Mnrris
V
Wilson'
it
.
T.:,nni
TMo
Umntc
4n
Cmxiro
Out-
British
Mint
Works
lnK
Hours
To
--"-H.-;-
rf-X
,T-
Supply
nmd
-
Dominion
leis
ior
atapie
i.,urninuuuit::
iiuujjiu
1
iuu-i
viewed.
The
expansion
of
foreign
markets
j
for
Canadian
wheat
by
reciprocal
'
trade
agreements
and
a
truly
national
approach
to
the
drought
problem
were
urged
by
Morris
W.
Wilson,
President
and
Managing
Director,
at
the
Sixty-ninth
Annual
Meeting
of
The
Royal
Bank
Of
Can
ada.
Canada
was
a
fortunate
country
(stated
Mr.
Wilson.
The
high
level
of
national
well-being
reached
by
the
phenomenal
recovery
of
1936
'was
maintained
In
1937
and
the
,activity
In
most
lines
of
business.
compared
not
unfavourably
with;
1
the
record
year
of
1929.
,
A
tragic
exception
to
the
general
improvement
was
experienced
In
the
Prairie
Provinces.
Obviously
the
need
which
exists
Is
acute,
the
situation
could
not
be
handled
by
the
Province,
and
the
Federal
Gov
emment
Is
to
be
commended
for
having
shouldered
the
greater
part
of
the
burden.
The
Immediate
problems
created
by
the
drought
require
emergency
measures:
but
a
situation
has
also
been
brought
to
a
head
which
has
been
unsatisfactory
for
years
and
requires
treatment
on
a
nar
tlorial
basis
Large
areas,
ordlnarly
unsultr
able
for
the
purpose,
have
been
planted
to
grain
Under
fav-
nnrnhlp
tt-pnthpr
conditions
the
crnn
from
the
industries
directly
affect
ed.
MINING
rrw
mm
a
a
aiiiaI
tn
rhil
nlontArl
In
1
1
i
t
a
i
i
ous
marketing
problems
Tne
efforts
towards
self-sufficiency
in
food
supplies
on
the
part
of
many
countries,
and
particularly
Germany,
France
and
Italy,
have
also
narrowed
the
International
market
for
wheat
'and1
flour
to
a
point
where
total
overseas
sales
of
the
four
important
non-European
exporters
have
been
reduced
as
follows:
Exports
of
Wheat
and
Wheat
Flour
(Crop
years.
Aug.
1
to
July
31)
Millions
of
Bushels
.
1923
1928
1933
1936
193V
24
29
34
37
38
Canada
346
406
194
195
U.
S
130
154
29
nil
tamed.
The
commission
further
stated
that
the
Christian
!
Argentina
173
222
147
162
doctrine
of
creation
leaves
"abundant
room
for
a
vanVtv
Australia
86
109
86
102
interest
both
by
those
who
are
in
agreemenet
with
it
and
tinnai
efforts
on
the
part
of
the
also
by
those
who
disagree.
In
any
event
it
is
bound
to
government
to
open
the
doors
of
create
a
great
deal
of
quiet
controversy.
SPECULATING
IN
MINING
STOCK
Geo.
Coffin
JJ.C.,
PJ.C,
Sp.C.
Chiropractic
Specialist
No.
4
LEEDS
APARTMENTS
Prince
Rupert,
B.C.
The
Central
Hotel
ROOMS
and
CAFE
Phone
51
for
Best
Household
Coal
MRS.
C.
E.
BLACK
If
you
lose
anything,
advertise
for
it.
!
foreign
markets,
so
that
when
Canadian
farmers
again
reap
a
good
crop
the
wheat
may
be
sold
to
advantage.
It
Is
clear
that
the
Pral
!
rle
Provinces
cannot
solve
this
Professor
Harry
Warren,
in
a
lecture
here
this
week.
'
problem
alone
This
is
a
task
gave
an
interesting
exposition
of
the
meaning
of
the
word
whlch
calls
for
P"in8ed
;onsis-"speculation"
in
mining
stocks
as
compared
with
"invest-
and
wholeheart!d
co-oPera-ing"
and
"gambling."
He
showed
that,
in
order
to
specu-
best
pie
hope
of
secur-
Jate
With
the
hope
Of
success,
it
was
necessary
to
Study
ing
ouUets
for
our
grain
and
other
a
great
d,eal.
The
speculator
must
study
the
mine,
the
agricultural
products
is
through
management
and
the
financial
set-up.
Then
the
financial
negotiations
with
countries
which
trends
,
,
must
be
followed
and
conipared
with
the
general
a
exorbitant
cost
food
crops
at
an
-tit
tt
1
11
ii
trends
as
provided
by
experience.
Having
done
all
this
T
vipw
with
satisfaction
the
ores-
Obtain
from
Itieht
to
Crownless
mess
States
bvdney
.0.
uooson
moks
ior
neasyn-
meet
thegrowing
demand
for
coins.
ably
Good
Conditions
in
1938
Answers
Alberta
This
U
one
of
the
disclosures
in;
Critics.
Head
The
continued
growth
of
mining).
.
.
.
tn
v.cn
-
.
Hh
rf.
I
Bank's
Balance
Sheet
Reflects
Satisfactory
Year
for
Bus-
Royaj
te
WOrWng
overtime
to
f
receiu
rcijn
ui
.
(
ime
Johnson,
deputy
master
and
con-j
TT
,
trailer
of
that
busy
Institution
,
i-
u
portant
market
for
our
stae
com-
across
the
road
from!
modules
should
receive
ttie
PM,,r
rn
ana
encouragnw
v
ImDroVea
trade
and
higher
prices
are
responsible
for
the
j
.'mint's
activity,
according
to
Sii
Robert.
'
In
1938
a
double
shift
was
had
contributed
materially
to
the.
fld
and
ln
recent
months
over-general
welfare
of
the
cpuntry.'ttae
operatlon
become
nKes.
said
Mr.
Wilson
During
the
past
year,
he
said,
production
of
gold,
'
'
rt
th.
,...,
b.
...
between
two
and
two
and
one-half
cynical
and
irresponsible
leader
ship
is
gambling
to
keep
itself
in
w
v
.
t
nvi
u
on
v
4
.
m
t
vwitdvi
uv
j
year
ago
was
postponed
the
rpad
ln
,the
Tower
of
London
as
they
did
ln
Plantaganet
and
Tudor
days.
But
the
mint
still
goea
in
recent
years
would
furnish
seri-
the
Sace.
so
there
are
W1
Si
-2..?
of
theories
as
to
the
evolution
of
the
world."
The
report
iTotai
rour
also
stated
that
some
desired
a
reunion
with
Rome
under)
countries
735
zoi
456
459
376
"il
PnnuMf
U'VlJnVl
Vino
-annlmnn1
."y-.w,
,.f
Jt
i.
1
claims."
Possibly
the
most
startling
part
of
the
report
was
that
in
which
the
bishops
said
that
historical
evidence
of
88
104
80
104
Broomhall's
estimate
of
Decern
ber
15,
1937.
It
Is
a
sad
commentary
that
a
the
Virgin
Birth
is
"inconclusive"
but
that
the
Resurrec-
'large
SLd
crop
ln
VfSK
Canada,
unless
oc-
"to
lion
was
an
event
"as
real
and
concrete
as
the
crucifix
ion.
other
countries,
would
bring
little
able
economic
forces
at
work.'m
'
Those
of
us
who
continue
to
feel,
Rip
Rnhorf
nMnt
,
,u
ronnrt
e.?,Ur
:?ptlinism,"po".the
old
tradition
that
with
each
the
belief
that
idealism
is
not
dead
,u
j,rD
,u
Q.
and
that
it
cannot
be
long
before
head
c!gns
on
goid
and
sllvef
economic
.reconstruction
gives
even
'cohage
Is
changed
has
not
been
mose
wno
are
mosi
aesperaie
a
broken.
No
coinage
was
Issued
breathing
spell
UNITED
STATES
One
of
the
most
Important
Ques
last
depression
are
hot
comparable.
One
would
be
tempted
to
say
with
put
hesitation
that
the
present
set
itself."
Dealing
with
the
evidences
of
a
future
life,
it
savs
more
total
i.-munei-ation
to
our
J
conclusion
we
snail
nave
tne
means
ot
recognizing
each
other."
I
WJIU1C
There
have
been
clergy
Jn
the
Andean
and
other:'"'
15.
u
churches
who
have
expressed
doubts
in
regard
to
various
bring
about
improvement,
said
Mr,
tiauuiuxibui
me
cnurcn
anu
me
commission
seems
to
nave
'Wilson.
Diversmea
agncuuure,
dealt
with
these
in
order
to
show
that
they
were
not
es-'withdrawal
of
sub-marginal
land
sential
as
matters
of
doctrine.
So
interesting
is
the
brief
tT0T!
Jheat-
,molt
despatch
that
the
fuller
report
will
be
awaited
with
great
TnTJL
bearing
the
likeness
of
King
Edward
VIII
.but
his
reign
inter
yened
between
that
of
.George
V
tions
of
the
day
Is
whether
the
Un-
and
the
present
King.
ited
States
Is
merely
experiencing!
Hiehliehts
of
Report
an
Interruption
in
the
long
term'
utner
highlights
of
the
report
trend
pf
recovery,
or
whether
the
wheel
has
turned
full
circle
and
the
country
Is
again
facing
a
major
de
pression.
In
my
opinion,
funda-
mehtal
conditions
now
and
in
ths
period
immediately
preceding
the
Pieces
struck
in
1937,
it
is
estr
mated,
totalled
400,000.000..
Two
hundred
coin
dies
had
U:
-be
scrapped
after
the
abdication,
The
portrait
of
King
George
VT
on
the
new
coins
put
in
.circulation
in
J937
looks
to
the
left,
.is
did
that
of
George
V.
There
,1s.
little
prospect
of
gold
there
was
a
possibility
of
making
money
by
speculation,
ent
tendency
among
democratlcward
to
further
substantial
progress
son
took
occassion
to
analyze
cer-Should
losses
OCCUr
instead
Of
gains
after
all
that
Work,
countries
to
break
down
barriers,
towards
full
"covery
in
Canada.
tain
ot
the
bank's
figures.
At
the
-:..i4
i
l'
t
1
4.1
.
.
Imnprilntr
the
natural
flow
of
busl-
GENERAL
MANAGER'S
ADDRESS,
end
of
the
year,
the
bank
had
on
me
speculator
nau
me
Hauaiacuuii
ui
tnu
muiiey
-
-
j
its
books
loans
jiuuytiiijg
In
reviewing
the
general
Balance
to
farmers
totalling
Was
lost
in
a
good
cause
the
encouragement
Ot
mining
w'ltVl
thp
opn,rni
Ktoipment
that'
Sheet.
Mr
S.
O.
Dobson,
General
$16.0W,000.
to
retail
merchants
$21.-
anu
tne
qeveiopment
01
tne
country.
Canada
should
admit
freely
articles
not
produced
within
the
country
there
can
be
little
basis
for
ais
agreement.
But
I
would
go
fur
,
....w..j
'circulation
slon.
were
It
not
for
the
unfortun-.c
w"
u"j
n.
tUo
,,nf
nAvtmn
between
Government
and
business.
jhfi
new
iz.sjded
thrpe-penny
piece
It
surely
cannot
be
before
long
-dUtastefil-
but
accepted
It
in
a
plan
for
practical
co-operation
jhe
face
of
tf
dklon
to
make
an
between
government.
Industry
and
cxnerlmeni
on
commercial
larxjur
wiu
be
adopted.
rrnntiri!
I
In
1936.
a
.total
of
1.355
tons
of
Where
the
recent
prosperity
in
bronze
coin
was
Issued,
although
the
United
States
has
been
depend-
srtme
fpOO.OOO
47q0,0po)
worth
ent
mainly
upW
large-scale
gov-
of
bronze
coin
alrearly,
was
in
cir-ernmerit
deficltsr
.the
Canadian
re-
culatloh
In'
the'
United
Klhfjdom
covery
took
ts
origin
from
foreign
'Pennies,
half
-pe.nnles
and
farthi
trade.
ings
have
bqen
nilnte.d
in
bronze
.
'Without
doubt,
.
.prosperity
based
since
J8C0).
upon
world
demand
for
Canadian
.
Becapse
pf
increased
demands
products
is
.more
"
eoundly
estab-
(rom
within
the
British
Cpmmon-lished
than
that
"based
,
upon
defl-
wealth,
pieces
mtnted
fpr
foreign
cit
spending,
sixty
per
cent
'of
our
governments
totalled
only
4.500.000
exports
go
to
countries
other
than
in
1936
against
19,000,000
In
1935.
the
United
States,
and
even
with
a
The
mint
showed
.a
profit
in
tsubstaritlal
declbe
ln
exports
to
P3?
financial
accounts
show
that
country
total
Canadian
pros-
receipts
exceeded
expenditure,
:
perlty
should
be
only
moderately
tl.08g.qc3
.(5,433,315),
1
affected
!
'
-----
.
,
On
the
whole,
I
ook
forward
to
campaign
of
misrepresentation,
ef-1938
as
a
year
In
which
barring
forts'
have
been
made
to
stir
Up
some
upset
In
international
affairs
resentment
against
the
banks.
And
not
presently
anticipated
I
expect
yet,
during
the
last
five
years
not
to
ee
an
Improvement
from
pres-
In
one
single
instance
has
any
f
ar-nt
levels
ln
the
United
States
and
"icr
pr
home
owner
Jn
Alberta
been
a
further
orderly
economic
recon-
deprived
of
his
farm
or
home
by
structlon
in
many
foreign
countries
this
bank
through
foreclosure.
If
this
proves
to
be
an
accurate
To
demonstrate
the
wide
diversity
forecast,
we
can,
I
believe,
look
for-1
of
services
banks
provide,
Mr,
Dob-
Manager,
referred
with
satisfaction
COQ.uoo,
to
professional
men
and
to
an
Increase
of
$14,000,000
In
to-(other
private
individuals
$51,000,000.
tal
assets,
a
renewal
of
the
upward
As
a
further
example
of
the
extent
trend
lh
commercial
loans
and
a
to
which
we
facilitate
the
affairs
ther
and
sav
that
reduced
tariffs
growth
of
190
million
dollars
ln
of
what
might
be
termed
the
should
be
applied
to
articles
which
Royal
Bank
deposits
in
leus
than
"smaller
client,"
I
may
say
we
had
are
made
In
Canada
only
on
a
res-
five
years.
loans
outstanding
to
61,000
borrow-
trlcted
and
uneconomic
scale.
Conditions
ln
Canada
definitely
err,
whose
liability
to
the
bank
did
The
problem
Is
not
simple,
but
Improved
during
the
year,
said
''Mr.
hot
exceed
$500
each,
studies
undertaken
by
the
Tariff
Dobson,
the
one
dark
spot
being
the
In
conclusion,
Mr.
Dobson
said
Board
to
determine
what
conces-
drought
areas
in
Western
Canada,
that
a
profitable
year
for
business
slons
should
be
made
to
foreign
Referring
to
the
unfair
criticism
was
clearly
reflected
ln
the
Bank's
countries
in
exchange
for
an
1m-
In
Alberta,
Mr.
Dobson
said
in
this,
own
balance
sheet
for
1937.
Insurance
Record
r
:
n-
t(i.
G.
WILSON
GEDDES
LONDON.
Ont.,
Jan.
21:
In
re-
THE
SEAL
"
QUALITY
GOLD
SEAL
Fancy
Red
Sockeye
PINK
SEAL
Finest
Pink
Salmon
Packed
by
the
only
salmon
canning
company
with
an
all
the
year
round
payroll
ln
Prince
Rupert
NEW
ROYAL
HOTEL
J.
Zarelll
Proprietor
-A
HOME
AWAY
FltOM
UOME"
Kate
$1.00
ap
SO
Rooms
Hot
lr-
Cold
Water
Prince
Kuport,
B.C.
Phone
281
P.O.
Box
196
Nobody
Knocks
The
KNOX
The
Food
Is
Good
The
Rooms
Are
Clean
The
House
Is
Warm
The
Service
Friendly
The
Rates
Are
Reasonable
KNOX
HOTEL
R.
Braseil
N.
M.
Braseil
Friday,
Januai
Railways
Put
On
Lower
Rates
,
,
.
I
II
...
,
a,,...
Chance
For
Cheap
Fares
Cast
WINNIPEG-.
Jan.
21
An
c;p0r.
tunlty
to
visit
friends.
relal.vr
Mfj
business
associates
in
eastern
Can-ada
at
low
cost
will
be
affordM
res-
.dents
of
Western
Canada
by
th(
Canadian
National
and
Canadian
racmc
nauways,
accoramg
10
an
j
announcement
made
by
J.
B.
Park.
er,
secretary
or
the
Canadian
Pas.
senger
Association,
we1
tern
line.'
'
nptn
pvrpnTinnni
v
inu
r'ip
-j-
-
-
V
u,
March
5
and
will
carry
a
return
limit
of
45
days.
Thres
classes
of
fares
will
be
sy-allable
first
class,
tourist
an;
coach
class.
First
class
tickets
vu,
jbe
good
in
standard
leepinj
and
parlor
cars
upon
payment
of
the
viewing
the
record
of
life
insur-.
cnar
W
,
f;!
modatlon
occupied.
Tourist
.
.
.
tick-
ance
in
Canada
J
during
the
past
.
..
.
0W,H
,
copper,
nicsei
ana
"""sued
for
two
years.
Publication
aiear,
a.
Wilson
oeaaes.
rresiaeni
.
lng
carg
upon
payment
of
the
H??,hl?0hJeYeTuPlSSS'the
abdication
of
King
Edward
officers
Association
and
General
tion
and
coach
attained
in
1929
It
J
"ym
made
it
necessary
to
prepare
Manager
Mnnar
and
and
Actuarv
Actuary
of
of
the
the
Nor-
Nor
good
for
passag
passage
mat
in
ivn
ine
expenaiiuris
01
new
coinage,
the
.mining
industry
lor
wages
ana
Concession
to
Dominions
supplies
have
been
between
$225
At
lhe
expressed
desire
of
Ca-and
$250
million.
Of
$300
mlllionnada
Australia,
New
Zealand
and
paid
ln
dividends
by
Canadian
com-
'
South
A(rjcai
the'
use
of
the
un-panies
in
1937,
one-third
was
paid
1
croTOed
eitisy
of
the,
sovereign
by
the
mines.
jhas
been
extended
to
the
Doml-
FOREIGN
AFFAIRS
Jnlons.
the
report
says.
Use
of
the
The
position
abroad
is
complex
crowned
head
on
coinage
has
been
and
difficult
but
one
gets
few
retained
for
British
India
and
the
hints
of
the
tremendous
desire
for
colonies.
On
the
coinage
of
George
peace
which
Is
latent
ln
all
parts
v
the
uncrowned
effigy
appeared
of
Europe.
I
know
of
no
European,
onlv
on
United
Kingdom
coinage,
country'
where
the
mass
of
the,Sir
Robert
explains,
people
are
sympathetic
with
the
J
The
in
nt
in
its
present
form
aggressive
expressions
of
some
of
'.dates
back
little
more
than
a
cen.-their
leaders.
In
many
countries,
f
uti
thefe
"master
of
desperate
economic
conditions
the
mint
as
far
back
as
the
re
gn
have
created
mass
fear.
Ruthless.i"'
"
,uc
ciiuppiut
,u.uck
across
thern
Life
Assurance
Company.
I
Jill
1
1
.
M
il
res-
because
of
the
Canadian
Life
Insurance
ular
charge
for
such
accommoda-
class
ticketj
wiil
x
in
coaches
only
These
low
fares
will
be
in
effect
from
nil
tntlnn
in
Rr1l::h
rri.
pointed
out
that
no
single
subject
umb,a
A,berta
Sa5katchewan
was
of
such
material
interest
to
eo
Manitoba
and
in
Ontario,
we-t
cf
many
people
as
that
of
life
in-
Port
Arthur
and
Armstrong,
to
a
surance
in
which
more
than
one-
points
ln
eastern
Canada,
Includtoi
third
of
the
men
and
women
of
Port
Arthur
and
Armstrong.
Stop
the
country
had
their
savings
so
oVers
be
an0Wed
at
ail
static-safely
invested.
These
3,500.000
pol-
Wlnnlpeg
and
east.
on
both
the
go-ley
at
the
end
of
holders,
1937.
were
lng
and
wturn
JournPys,
protected
against
the
two
great
similar
low
farts
will
be
in
pfftn
nazaras
01
me
premature
aeam
and
penniless
old
age
by
appropxl-mately
$6,900,000,000
of
life
Insurance
then
in
force
in
the
greatest
co-operative
and
democratic
business
in
Canada.
from
eastern
Canada
points
to
tfc:
west
during
the
same
period.
The
Dally
News
has
an
audlW
irculatlon,
Play
safe!
This
advertisement
is
not
published
or
displayed
by
the
Liquor
Control
Board
or
by
he
Government
of
British
Columbia,
REX
BOWLING
ALLEY
Basement
of
Exchange
Block
PHONE
658
COAL
to
ri.K.tsK
Kvr.iivnoD'i
Satisfaction
OuaraotfO-3
I'amniu
KiNon
Altwrta
Col
llulklf)
Valh-j
Cual
Vntioiuvt-r
KUnd
Coal
Prince
Rupert
Feed
Cmiiiiaiii
phont:
m
"tn'fi
ss
I
Hyde
Transfer
WOOD!
COAL
-
TRANSFER"
Phone
580
315
SECOND
AVE.