4
PAOE
TWO
THE
DAILY
NEWS
FRIDAY,
NOVEMBER
28.
1541.
sr
if
SI
1
RUBBERS
FROM
LOW
KUIJBERS
Tt)
HIP
GUM
HOOTS,
we
carry
a
very
extensive
stock
in
Cutta
Percha
and
Northern
Rubber
Co.
lines.
"BAR
FLEX"
RUBBER
WORK
BOOTS
in
6",
10"
and
16",
cushion
insoles
...
have
the
appeal
of
every
one
that
wears
them.
"PARIS
MAID'
just
arrived!
DAILY
EDITION
SLIPPERS
Shipment
EDITORIAL
Member
of
Audit
Bureau
of
Circulations
Hi
S
Family
shoe
store
ltD.
'The
Home
of
Good
Shoes
its
.
I
I
4
I
3
FRIDAY,
NOV.
28,
1941.
Interesting
Message
...
The
journal
of
the
society
issued
every
second
month
in
restricted
form
quotes
from
two
leading
imperialists.
General
Wavell:
"In
considering
the
profits
and
losses
of
the
military
balance-sheet
of
the
past
year,
while
we
are
not
yet
in
a
position
to
declare
a
large
dividend,
we
can
certainly
show
an
improvement
on
the
previous
year
s
accounts.
I
The
enemy
is
growing
weaker
and
from
arrogant
confidence
has
passed
into
restless
anxiety
that
will
turn
to
despair
as
his
ruin
approaches."
Mr.
Mackenzie
King,
as
the
guest
of
the
Lord
Mayor
of
London,
in
a
speech
of
far-reaching
significance,
re
minded
the
world
in
general
a..n.d;.the
western
world
iit
particular
mat
me
war
win
De
iar
longer,
iar
Harder
and
far
more
desperate
if
all
free
men
in
both
hemispheres
do
not
rally
with
every
ounc$
of
their
resources
and
energy
to
the
support
of
Britain
while
at
the
fullness
of
her
strength.
Russia,
by
her
devoted
and
unfaltering
resistance
to
German
aggression,
is
providing
the
opportunity
for
showing
in
the
balance-sheet
of
the
third
year
an
even
more
decisive
improvement
And
that
improvement
should
be
enormously
strengthened
by
Mr.
Roosevelt's
dynamic
reaction
to
the
"legal
and
moral
piracy'
German
methods.
Unity
Means
Strength
.
.
.
commercially
-beating
the
world
and
already
had
almost
attained
world
supremacy,
Military
supremacy
was
her
aim.
In
a
nattempt
to
attain
that
she
failed
at
that
time
as
she
will
fail
again
now.
Japan
for
many
years
had
been
capturing
the
markets
of
the
world
and
there
was
no
need
for
armed
conflict
in
order
to
gain
eventual
'supremacy.
Her
cheap
labor
was
a
weapon
that
it
was
difficult
to
fight
in
open
competition
with
Europe
or
America.
Spurred
on
by
Germany
she
had
great
ambitions
to
rule
Asia
until
displaced
by
a
victorious
Germany
in
Europe.
it
i
ei
inow
n
is
a
case
01
oe
a
good
neighbor
or
ficht
and
it
ia
nut
il
an
irenain
mai
sne
is
reany
prepared
to
lioht
m;
iuibu
uu-
laneci
to
win
against
unina
and
her
abilitv
to
win
in
sea
warfare
is
not
established.
The
London
Spirit
.
.
.
The
Royal
Empire
Society
with
headquarters
in
Northumberland
Avenue,
Ldndon,
was
one
of
the
vie-
urns
oi
iazi
raids
ana
.was,
put
mit
of
business
for
a
short
time.
Instead
.of,gi'ving,
up...
the
members
of
the
society
qui
tneir
expenditures
to
almost
nil
and
began
raising
money
,
to
restore
.
theab.uilding'jSoon:
it
was
ready
lu
carry
un,
not
in
tne
Old
wav
DUt
With
restripfpr
ad
vices
and
money,
for
restoring
the
building
is
still
coining
in.
v-r
Banks
Carrv
On
.
.
.
The
report'
of
the
Bank
of
Montreal,
just
issued,
in-
?J
dicates
that
the
Canadian
banks
are
holding
their
ovnl$
during
this
trying
time
and
are
lending
to
the'body
politic
that
stability
that
is
most
desirable.
While
other
busi-
nesses
may
otten
leel
jittery,
the
banks
remain
stable.
&
POLITICS,
1941,
BROUGHT
Dominion-Provincial
Disputes
tives
Confer
C.C.F.
Makes
Gains
at
Provincial
Polls.
By
FRANK
FLAHERTY
Canadian
Press
Staff
Writer
S
Dinner
of
Regiment
en
6
IS
Urquhart,
D.S.O.,
M.C.,
A.D.C.
He
Is
colonel
commanding
the
Canadian
Scottish
Regiment
and
has
come
north
to
attend
a
St.
Andrew's
dinner
to
be
given
by
the
officers
of
the
Second
Battalion
of
the
Canadian
Scottish
Regiment.
Colonel
Urquhart
has
the
honor
of
being
the
Canadian
A.D.C.
to
the
King
and
has
served
three
monarchs
in
that
capacity.
He
has
had
a
long
career
in
the
Sixteenth
Canadian
Scottish
in
the
last
war,
served
on
several
high
staff
appointments
in
thfi
Canadian
Corps
and
was
finally
severely
wounded
while
commanding
the
Forty-Third
Cameron
Highlanders
of
Winnipeg.
Catholic
Ladies
Hold
Tea,
Sale
Affair
Held
Yesterday
Afternoon
ladies.
at
Home
of
Mrs.
C.
II.
Hankinson.
Tastefully
decorated
for
the
oc
casion
with
fall
flowers,
the
home
of
Mrs.
C.
H.
Hankinson,
Borden
Street,
was
the
scene
yesterday
afternoon
of
a
tea
and
sale
of
home
cooking
by
the
Catholic
Receiving
the
guests
were
Mrs.
Hankinson
and
Mrs.
C.
P.
Balag-no,
president
of
the
Catholic
ladies.
Mrs.
E.
J.
Fitzpatrick
and
Mrs.
J.
Lome
MacLaren
poured
with
0
Mrs.
Stearns,
Mrs.
Douglas
Kerr
Mrs.
Harry
ward,
Mrs.
Peter
De-
Jong,
Mrs.
Arthur
Murray,
Miss
Gertrude
Turgeon
and
Miss
Phil-
,
omena
Murray
as
serviteurs.
Mrs.
!J.
L.
Blain
was
cashier.
,
In
charge
of
refreshmsnts
were
Evidently
the
fact
that
war
with
United
States
lZTmY
means
war
with
the
British
Empire
as
well
as
with
China
Jan,L
Foman
a
n
d
S.
joS
and
probably
also
Russia
and
Dutch
East
Indies
must
Garon
conducting
the
home
cook-have
a
restraining
influence
on
Nippon
iri
the
conference
lng
sal-that
is
taking
place
at
Washington.
Raffles
resulted
as
follows:
It
is
-evident
that
Japan
is
making
a
similar
mistake
'sste?
tSft
m.
A
to
that
made
by
Germany
when
she
went
to
war
against
set
of
towels,
donated
bv
Mrs
most
of
the
world
in
1914.
At
that
time
Germany
was!"-
Giassey,
won
by
Lorraine
Besner,
ticket
No.
75.
Vanity
set,
donated
by
Mrs.
J.
L.
MacLaren,
won
by
Wong
Mon,
ticket
No.
244.
Christmas
fruit
cake,
donated
by
Robert
Murray,
won
by
Jim
Olllis,
ticket
No.
111.
:'
the
senate
to
lead
the
party
In
the
House
of
Commons.
Dominion-Provincial
Relations
The
Dominion-provincial
clash
brought
out
anew
the
long-stand
ing
dispute
between
Premier
Hep-burn
of
Ontario
and
Prime
Mln-i
Ister
Mackenzie
King.
Mr.
Hepburn
loined
with
Premiers
Aber-hart
of
Alberta
and
Pattullo
of
British
Columbia
in
opposing
consideration
of
the
constitutional
and
financial
reforms
laid
before
the
Dominion
-
provincial
confer-i
ence
last
Januaryin
the
recom-
mendatlons
of:
the
royal
commls-1
slon's
report.
The
conference'
broke
up
without
accompishln4
1
the
objective
for
which
It
was
called.
Later
in
the
year
the
issues
of
the
conference
came
uu
again!
when
Finance
Minister
Ilsley
presented
his,
budget.
The
sharp
In-1
creases
in
federal
Income
and
cor
poration
tax
were
predicted
on
a
request
that
the
provinces
with-1
draw
from
those
fields
of
taxa
tion
for
the
duration
of
the
war
and
accept
a
grant
instead.
1
The
royal
commission's
report
recommended
the
withdrawal
of
the
provinces
from
those
tax
fields
as
a
permanent
measure
and
:
as
part
of
a
general
financia:.
rearrangement.
As
the
year
e.ided
conclusion
of
agreements
with
thei
provinces
for
the
withdrawal
was!
under
way
and
It
was
expected
all
The
Ontario
-
Dominion
clash,
however,
flared
up
anew
over
a
proposal
In
the
federal
budget
to'
increase
tax
on
payments
to
nonresident
holders
of
Canadian
se
curities.
Premier
Hepburn
objected
to
the
tax
insofar
as
it
applied
to
interest
on
Ontario
government
securities
and
the
Dominion
yielded
to
his
protest
and
made
on
exception.
Conservative
Chairman
Appointment
of
Gordon
Gray-don
(M.P.
Peel)
national
chairman
of
the
Conservative
party
marked
the
start
of
a
move
to
rebuild
the
party's
organization.
Mr.
Gray-don
toured
the
greater
part
of
the
country
during
the
summer
consulting
with
Conservatives
in
the
constituencies
and
preparing
a
report
for
the
Dominion
executive.
Hon.
R.
B.
Hanson
who
was
chosen
temporary
house
leader
after
the
1940
election
made
known
his
desire
to
withdraw
for
reasons
of
health
and
a
national
Conservative
conference
was
arranged
BRIGHTEN
YOUR
GIFTS
Here
are
all
the
fixin's
to
make
your
gifts
as
beautiful
outside
as
they
are
inside.
And
Inexpensive,
too!
Come
on
In
and
poke
around
.
.
.
you'll
find
wrappings
and
cards
and
ribbons
aid
everything;
to
give
jour
gifts
a
personal
tonch.
Dibb
Printing
Co.
RKSNEK
BLOCK
THIRD
STREET
for
Ottawa
in
November
to
declds
(Hanson's
primary
objective
was
to1
Mrs.
Cora
S.
Casselman
who
what
to
do
about
a
new
leader,
consult
leading
Conservatives
and
ceeded
her
husband,
'
the
ia
pUC
The
conference
decided
a
party
other
leaders
of
public
opinion
Casselman.
C
rTP
convention
was
not
desirable
un-
and
he
also
made
several
speeches,
i
Two
other
vacancies
""ill
A
HTr
flTIT'TI
rl
1
17
A
tn
-s
'
I
HAMf-r
WSlH
I
I
l
A
V
A
1
i
r
der
fluctuating
war
conditions
and
Provincial
Elections
Dominion
house
were
rauM
k
IIIIUIj
yy
I
i
Ai
VLiLlfl
f
rVJUU
lnduced
Mr.
Melghen,
despite
his
Tw0
provincial
election
in
Brl-
the
deaths
of
Dr.
Henna,
r
"
mvn
rIiiftflnr.
to
accent
the
lead
Bu
rviimHU
nnri
Nnvn
RntJn
lauricrs
Lib.
Mnft.
i
'
Marked
Year
C
onsen
a-ershiD.
followed
with
Interest,
in
In
May
and
Arthur
n
n.iJ.
change
during
the
year
was
the
operative
Commonwealth
Federa-
.mediate
action
was
taken
to
brini
appointment
of
Hon.
Joseph
Thor-ition
registered
new
strength.
about
by-elections.
son,
member
for
Selkirk,
Mani-
j
The
Liberal
government
in
Nova
toba,
to
the
portfolio
of
National
jscotla
was
returned
to
power
by
a
;
"
war
jservices.
ne
succeeut-u
nsri-jsaie
majority
but
the
Briusn
uoi-,
CARVE
"V"
IS
CIll'Rriuv
vji
lawn,
iNOV.
zo:
iit')
puisnes
ueiween
me
u'u-
cuiture
Minister
Gardiner
who
or-
umbla
Liberal
administration
era)
and
provincial
governments
and
a
movement
to
re-:
ganlzed
the
special
war
depart-
headed
by
Mr.
Pattullo
failed
to
Colonel
Here
For
LONDON,
Nov.
23
:
0
nnnofi'iTiT
orl
i'rn'mn.nTn
fVic
fnyicorvatiiro
n
n
v
t
it
nrn
ment
while
retaining
his
post
as
spcure
a
workinsr
maloritv
while
Nederlnnd
rro
n..t-u
.
-1.1.
l.
Clllll
111ULUUUV
LHV
Vf'Vld.
ij
t
x
v
w
I
D
-
.vt
uui;u
Urf
nin
liichlights
of
Canadian
politics
in
1941.
The
Dominion-
f
the
dePartment
of
rl-;
neither
of
the
two
opposition
par-
er
says
Nazis
are
comphm
that
culture.
ties.
Conservatives
and
C.
C.
F..
"111.
i
i
xi
i
n
,
i
"V"
sign
with
.
provincial
clash
occurred
early
m
the
year
.
when
Ontario,
Botn
m
Klng
and
Mr.
Hanson
secured
as
many
seats
as
the
Lib-
JJ
,SUch
l0"ari
t-i
British
Columbia
and
Alberta
successfully
opposed
the
made
tours
of
western
Canada
erals.
g
Wilhelmina,
mrj
'Bra.
federal
government'
plan
to
anopt
during
the
summer.
Mr.
King
In-
,
a
federal
by-election
In
Edmon-
"umuu
are
Demg
rarvcj
on
recommendations
of
the
Royal
sptcted
defence
establishments
ton
East
in
June
resulted
In
the
cnurch
pews
in
Netherland
Commission
on
Dominior.-provln-
and
made
a
few
speeches.
Mr.
return
of
the
Liberal
candidate,
and
cities,
cial
relations
which
proposed
an
rc-alignment
of
consti-
"
"
-
powers
as
between
the
central
parliament
and
the
legis-
Has
Had
Distinguished
Career
as
latures
of
the
provinces.
The
Con-'
A.D.C.
to
Three
Monarchs.
jservative
revival
came
late
in
the
year
and
culminated,
so
far
as
the
Arriving
on
this
momln,;'s
boat
1
present
is
concerned,
in
the
draft-1
from
Victoria
was
Col.
Hugh
M.
of
Rt.
Hon.
Arthur
Melghen
from
BANK
OF
MONTREAL
Established
1817
c
presentation,
in
easily
understandable
form,
of
the
Hank's
ANNUAL
STATEMENT
31st
October,
1M1
f
RESOURCES
Cash
in
its
Vaults
and
Money
on
Deposit
with
Hank
of
Canada
Notes
of
and
Cheques
on
Other
Banks
....
Pnyablt
m
cash
on
prestnlaliou.
Money
on
Deposit
with
Other
Banks
....
AidiUlle
on
JtnunJ
or
at
tbort
notict.
Government
and
.Other
Bonds
and
Debentures
.
.
Sot
txcttJinf
marktt
tjlut.
The
grMtf
portion
canihti
of
Dominion
Cm
eminent
jnJ
hi
th-fruit
I'rotivcijl
ami
MuniiipJ
tUHtitiei
uhicb
malurt
at
iailj
Jala.
Srocks
Industrial
jnJ
otbtr
tlodt.
Sol
txtttJing
mvltt
mine..
Call
Loans
In
Canada
$
4,-l72,-l37i
Elsewhere
t5.569.Bi.9I
PayMe
on
demand
and
ttcured
by
banJt,
stotki
and
olttt
titgoliailt
collaltrjl
o
grtattr
taint
than
tlx
loam.
Bankers'
Acceptances
.......
Prime
dralli
accepted
ly
other
banks.
TOTAL
OF
QUICKLY
AVAILABLE
RESOURCES
.
(equal
to
7)r(
of
nil
Liabilities
to
the
Public)
Loans
to
Provincial
and
Municipal
Governments
including
Sclux)!
Districts
Commercial
and
Other
Loans
In
Canada
.
.
.
.
$25-1,427.218.03
Elswhere
21,271,751.14
To
manuUcmrtrt,
farmer,,
metchanti
and
others,
on
(tudilhns
consilient
uith
loitud
banking.
Bank
Premises
....
T
Tuo
properties
only
are
carried
in
tht
names
of
holding
com.
parties
j
the
stock
and
bondi
of,
these
companies
are
entirely
owned
by
the
Bank
and
appear
on
its
boots
at
1
.00
in
each
tdst.
All
other
ol
the
Bank's
premises,
the
value
of
It
blch
largtb
exceed,
J
1
3,900,000.00
are
included
under
this
beading.
.'
Real
Estate,
and
Mortgages
on
Real
Estate
Sold
bv
3
the
Bank
Acquired
in
the
course
o)
the
Bank's
business
and
in
proass
ol
being
realized
upon.
Customers'
Liability
under
Acceptances
and
,
Letters
of
Credit
.
.
.
.
.
Represents
liabilities
of
customers
on
account
ol
Utters
of
Credit
issued
and
Drafts
accepted
by
lb
Bank
lor
thtir
account.
Other
Assets
not
included
in
the
Foregoing
'.
Making
Total
Resources
of
....
LIABILITIES
To
meet
which
tht
Bank
has
resources
as
indicated
abrre
amounting
to
Leaving
an
excess
of
Resources
over
Liabilities,
vbich
77."".''
"Je
Shareholders'
interest
over
which
Liabilities
to
the
Public
take
precedence.
CaPIfal
$36,000,000.00
Reserve
Fund,
Profit
&
Loss
Account
and
Reserves
for
Dividends
.
.
40,905,870.29
PROFIT
and
LOSS
ACCOUNT
Profits
for
the
yea
r
enJeJ
Jl,t
October,
1911,
after
male
in
appropriation,
n.Pn,
Sf
?f
.fVlFu?J'
oul
rf.ieh
Fund
full
predion
for
it"
i
i.
i
.
.
!"
'
'""uaiuiu
or
payable
to
hhartholdert
.
.
.
Appropriation
for
Hank
Premises
.
.
,
,
,
Balance
of
Profit
and
Los,
Account.
3
1
st
October,
1910
.'
Less
adjustment
of
previous
years'
taxes
....
Balance
of
Profit
and
Loss
carried
forward
.
IIUNTLY
R.
DRUMMOSlD,
President
$
92.755.R8U5
38,972,993.05
54,960,697.77
498,710,536.76
183,364.86
20,0(1,722.55
.
...
OK;
6,811,15
$705,662,010.59
23,964,546.45
275,698,972.17
13,900,000.00
947,199.39
18,772,428.22
2,606,322.43
$1,046,551,479.25,
Due
to
the
VnbVic
Deposits
.
.
.
.
,
,
t
$928,387,889.51
In
Canada
$809,110,875.52
Elsewhere
.
.
.
.
119,277,013.99
ayabte
on
dtmand
or
after
notice.
Notes
of
the
Bank
in
Circulation
.
Payable
on
demand.
Acceptances
and
Letters
of
Credit
Outstanding'
.
financial
responsibilities
undertaken
on
behalf
of
customers
(see
ofsetliug
amount
in
"Resources").
Other
Liabilities
Items
u
hicb
do
not
come
under
the
ongoing
headings.
'
Total
Liabilities
to
the
Public
$2,880,000.00
Miojojio.oo
$1,321,642.13
22),000.00
17,890,850.50
18,772,428.22
4,594,440.73
969,645,608.96
1.016,551,479.25
$76,905,870.29
X
$3,W,026;0
3.380,000.00
I
..j7,oi:
1.096.642.H
$l,153fi8.75
JACKSON
DODDS.
G.
W.
SPINNEY,
.
.
'
Joint
General
Managers
i
.
pc
ssretigw
of
a
bank
Is
determined
by
its
history,
its
policy,
n.
l
""'
"j
'
resources,
tor
tti
years
tht
Bank
ti
.
i
.
of
Montreal
has
been
in
de
forefront
of
Canadian
fwance,