THE
DAILY
NEWS
PRINCE
RUPERT,
BRITISH
COLUMBIA
Published
Every
Afternoon
Except
Sunday
by
Prince
Rupert
Dally
News
Limited.
Third
Avenue
Q.
A.
HUNTER,
MANAGING
EDITOR
DAILY
EDITION
Wednesday,
December
I,
1943
Pacific
Offensive
.
.
.
While
the
world
has
been
waiting
for
a
new
Allied
blow
in
Europe
the
United
Nations
have
launched
an
offensive
on
the
opposite
side
of
the
world
in
the
mid-Pacific.
The
attack
on
Makin
and
Tarawa
in
the
Gilbert
Islands
is
the
most
ambitious
stroke
yet
made
against
Nippon.
It
was
preceded
by
heavy
and
continued
bombing
attacks
on
both
the
Gilbert
and
the
near-by
Marshall
Islands.
For
the
Allies
to
be
able
to
launch
such
an
attack
is
proof
that
the
shipping
situation
is
in
much
better
shape
than
it
was.
It
was
in
early
August,
1942,
that
the
Americans
started
the
Solomons
campaign,
which
is
now
nearing
a
close
with
the
attack
on
Bour
gainville,
last
remaining
Jap-held
major
island
in
the
group.
The
New
Guinea
campaign
has
been
under
way
even
longer.
So
far
the
operations
against
the
Japanese
have
been
on
a
small
scale.
They
have
been
like
the
snipping
off
of
the
ends
of
a
few
of
the
tentacles
of
the
giant
devilfish.
The
Aleutians
have
been
cleared,
the
threat
against
Australia
turned
back,
a
beginning
made
in
the
reconquest
of
the
Pacific
islands.
But
none
of
the
operations
so
far
have,
been
much
more
than
minor
worries
for
the
Japanese,
though
they
have
imposed
a
heavy
strain
on
the
Japanese
navy
and
a
steady
drain
on
the
Mikado's
air
force.
Thev
have
served
to
cut
down
the
number
of
"unsinkable
aircraft
carriers"
available
for
the
defence
of
the
Japanese
homeland.
It
is
hard
to
tell
whether
the
new
move
heralds
a
general
Pacific
offensive,
or
is
merely
another
pinpoint
invasion.
It
can
hardly
fail
to
be
connected
with
plans
for
action
based
on
India,
where
Lord
Louis
Mbuntbatten
has
been
busy
planning,
and
possibly
on
the
Aleutians.
If
Japan
is
struck
simultaneously
from
several
direction
she
will
be
brd
pressed
to
meet
all
the
thrusts.
But
the
question
arises
whether
the
United
Nations
can
support
simultaneous
offensives
in
the
Pacific
and
in
Europe,
and
if
the
move
against
Japan
is
a
real
one,
is
Germanv
being
left
until
spring
before
being
seriously
attacked?
Canol
Charges
.
.
.
There
has
been
a
great
deal
of
mystery
about
the
immense
scheme
known
as
the
Canol
oil
project.
Sinister
rumors
were
afloat
and
the
United
States
Senate's
Truman
Committee,
which
examines
war
expenditures,
decided
to
have
a
look
at
the
Canol
project
Petroleum
Administrator
Harold
Ickes
nonchalantly
tossed
a
bombshell
into
the
proceedings
of
the
committee
by
denouncing
the
whole
project.
He
said
that
the
project
will
have
no
value
six
months
after
the
war,
and
raised
the
suggestion
that
the
-project
was
of
more
value
to
the
Canadian
Government
and
a
bier
oil
company
than
to
the
United
State?.
e
Mr.
Ickes
feels
that
there
would
have
been
a
decided
saving
of
time,
money,
critical
materials
and
manpower
if
the
petroleum
were
moved
by
tanker
from
Seattle
or
Prince
Rupert
to
Skagwav
and
hence
by
pipeline
to
Whitehorse.
4
No
doubt
the
situation
has
changed
considerably
since
the
project
was
initiated.
At
the
time
the
Japanese
held
the
Aleutian
Islands
of
Kiska
and
Attu
and
the
Americans
were
losing
tankers
at
a
tremen-mendous
rate
in
the
Caribbean.
The
Alaska
Highway
was
being
rushed
and
the
airports
from
the
Canadian-US.,
border
to
Alaska
were
being
constructed
and
the
need
for
fuel
was
urgent.
Mr.
Ickes
has
a
reputation
for
blunt
utterance.
However
on
the
oil
situation
he
has
a
fairly
good
record
as
a
prophet.
The
Canol
project
is
of
great
importance
to
Canada,
not
only
as
a
war
measure,
but
m
connection
with
post-war
developments.
Perhaps
it
is
time
we
had
fuller
official
information
about
what
s
going
on
up
there.
MUSSALLEM'S
ECONOMY
STORE
"Where
dollars
have
more
cents'
We
have
a
complete
variety
of
available
Groceries,
Fresh
Fruits
and
Vegetables,
Tobaccos
and
Confectionery
FREE
DELIVERY
throughout
the
city
three
times
weekly
(Tuesdays,
Thursdays
and
Saturdays)
Opposite
Canadian
Legion
Dibb
Printing
Company
For
a
Brighter
Future
T
BuyWar'Savings
Stamps
Bcsncr
Block,
3rd
Street
Phone
234
I
CANADIAN
ALL-STARS
ANNOUNCED
The
pmars
or
strength
from
each
of
the
Canadian
teams
in
the
Area
Basketball
League
have
been
combined
into
an
All-Star
team
which
will
face
the
American
camp
of
smooth
basketeers.
A
goodly
array
of
roundball
tim
ber
has
been
lined
up
to
do
or
die
in
the
attempt
to
put
a
stop
to
the
American
win
sfreak.
The
Army.
Including
the
Reserves,
have
given
the
greatest
support
to
the
All-Stars
by
having
five
of
their
best
men
on
the
squad.
The
Air
Force
comes
next
with
two
and
the
NaTy
third
with
one.
The
tentative
line-up:
Zak.
Air
Force,
guard;
Fitch,
Reserves,
guard;
MacPhee.
Re
serve,
centre;
Lindsay.
Air
Force,
forward;
Dominate
Reserves,
forward;
Calderone.
Coast
Battery,
forward;
Martin,
Navy,
forward,
guard;
MacMurchle.
Fortress,
forward.
Fitch
of
the
Army
plays
a
steady
game
at
guard.
MacPhee.
also
an
Army
lad.
towers
about
six
foot
three
into
the
air
and
plays
a
sharp
game
at
centre.
He
has
a
neat
shooting
eye.
Dominato
of
the
Reserves
is
aslo
a
tail
lad
measuring
over
the
six
foot
mark
and
does
a
good
Job
as
a
forward.
Calderone
and
Murchie
will
round
out
the
forwards.
I
The
Air
Force
men
are
Lindsay,
who
is
a
local
boy
and
Is
hard
to
stop
in
and
under
the
basket
and
can
be
counted
to
j
make
the
best
of
the
plays.
His
j
co-servlceman
is
Zak
who
has
built
the
reputaUon
In
these
parts
as
a
hard-to-pass
guard.
'
j
The
only
Navy
man
in
tin-,
'Ail-Stars
Is
Martin
who
has
been
chosen
for
his
all
round
ability
and
as
a.
playmaker
Loans
to
Prosinrial
and
Municipal
Governments
including
School
Districts
,
,
.
,
Commercial
and
Other
Loans
.
,
In
Canada
5215,445,397.83
Elsewhere
103
UWJ7
To
""mkwti,
farmtri,
nertbanti
anJ
mbfr,,
en
$mtJUtmt
continent
unb
totnd
bankint.
Bank
Premises
.
.
.
.
.
Two
properiiei
onl,
are
tarried
in
the
name,
of
holJitg
mm.
Panie,
;
ik,
neck
and
tend,
of
ibttt
com
fame,
or,
eotirolt
?,,:'
.
Bj,i
"i
"
SI
UU
A
we.
''.
Bank',
ptimhu,
lb
,Jo
ej
uJmeb
hrtir
tKCttl,
(
13.400.000.00
ttf
ititnJ.J
utJrr
ibi,
bjJitt.
Real
Estate
and
Mortgages
on
Real
Estate
Sold
by
the
Bank
AtttittJ
it
tbt
tetnr
tht
BtnVi
ttiitnt
J
It
p,ocilt
l
bt"t
rtJizti-
kpot.
Customers
Liability
under
Acceptance
and
.
Letters
of
Credit
t
Rtpreittl,
liabilmitt
ef
cttomtrt
en
tctcatt
of
Lrttirt
f
CttJH
MuU
atJ
Drtjti
tci,pt,d
ij
the
Bjtk
lot
tb,t
Mfoutl.
Other
Assets
not
included
in
the
Foregoing
(but
including
refundable
portion
of
Dominion
Government
taxes
$195,472.73)
Making
Total
Resources
of
...
LIABILITIES
Due
to
the
,
Public
n
Deposits
In
Canada
.
Elsewhere
.
Pt-jMt
on
JimjnA
or
lirr
mi!,
Notes
of
the
Bank
in
Circulation
.
.
.
'
.
Pajtblt
ot
J,ut4.
'
Acceptances
and
Letters
of
Credit
Outstanding
.
,
ftntnad
rttpomiUlhiti
nJtttA,n
en
t.balj
ol
tutomm
(it
off-s,ll,ng
amount
it
R,sorit,'').
Other
Liabilities
I
tern
i
not
intUded
nndtr
lb
fort
feint
ttaJinft.
'
'
Total
Liabilities
to
the
Public
To
meet
which
the
Batik
has
resources
as
'
h
'
!!
.
'
indicated
abate
amounting
la
.
.
,
.
Leaving
an
excess
of
Resources
over
Uabilitiel'
titicb
THa
DAILY,
hewn
The
referee
chosen
by
tht
Canadian
representatives
is
n
local
lad
by
the
name
of
Comn-dlna
and
has
seen
a
good
deal
of
ball
in
hLs
day.
He
is
well
known
in
the
local
sports
as
a
referee
in
the
softball
league
So
it
looks
as
though
the
ladt
have
a
good
team,
at
least
on
paper,
and
more
will
be"
known
a
Utile
later
In
the
week
when
a
practice
has
been
called
to
enable
the
boys
to
get
u.sed
to
each
other's
style
of
play
and
for
th
rounding
out
of
a
few
fast
plays.
This
gome
will
be
a
treat
for
the
basket
time
followers
in
this
town
for
the
Americans
have
boasted
a
hot
team
with
smooth
players
and
an
experienced
reach.
Child's
Colds
KeCrvt
-Rub
Misery
'."WICKS
stti
V
VAPORUB
TiiM-Ttttttf
BANK
OF
MONTREAL
Founded
In
1817
A
presentation,
in
easily
understandable
form,
of
the
"Bank's
ANNUAL
STATEMENT
30th
October,
1M3
RESOURCES
Cash
In
Its
Vaults
and
Money
on
Deposit
with
Bank
of
Canada
Notes
of
and
Cheques
on
Other
Banks
.
,
,
t
Ftjtbl
it
mi
prtitttatiei.
Money
on
Deposit
with
Other
Banks
.
,
,
,
on
demand
of
jt
ibert
oolite.
Government
and
Other
Bonds
and
Debentures
Sot
exceeding
mttitl
lalte.
Tbt
tualtt
pofUot
tommii
mi
Dtminien
Gontnnent
and
bifbitad,
Protintul
and
,U$iHpJ
iKurititi
ubhb
mature
at
earl,
dtlii.
Stocks
,
t
W.r
ni
other
Utxll.
Sol
txteiitt
market
1-,,.
Call
Loans
In
Canada
.
.
,
,'...
3350,761.33
El
o
here
.....
18,8648946
Fajall
o
demand
0,1
Htuui
r
bonJt,
am
In
ad
wtitr
negotiable
tollitl
of
ir)4(f
niter
than-th
Uatt.
t-
$12277,OOJ.70
-.5069,612.03
4l,078,6S
Ml
799,4?2,6J9.56
385,280.79
22.0364Wt.99
7
,
r.Vo
hU
AVAILABLE
RESOURCES;
,
.
.$rm,6lO,l71.IS
(equal
lo
8)M?e
of
all
Liabilities
,
,bt
Public)
17.5M.57WO
226,399,65
1J2
13,(00,000.00
represents
we
Shareholders'
interest
over
uhicb
Liabilities
to
the
Public
lake
precedence.
i
Reserve
Fund,
Profit
&
Low
Account
snd
Reserves
for
Dividends
.
Aihim6S
773333336
PROFIT
and
LOSS
ACCOUNT
Profits
for
the
rear
ended
iOih
October,
194
s.
after
walina
trrronrlj.
rundMe.
under
Oie
provision
of
The
Ltctu
Profit
Tin
Act).
Dividend,
P)id
or
parable
to
Shrcl.olJer.
.
.
.
t2.l60,mM
Wrmen
off
tfank
Premise,
f
,
ymM
'
Balance
of
Profit
and
Low
Account,
31t
October,
I94J
,
V,
Balance
of
Profit
and
Lo
carried
forward
.
,
,
t
GEORGE
W.
SPINNEY.
c
J',
rrtiiJtnl
i
1,016,857,927.6M
159t683.82
'553J27;65
17,068,844.05
2,487,682.99
$13I3)64,651.69
jk.
$1,205,874,7.46
9,790,640.00
17,068,844.05
2,897,045.82
$
I
235,63132
1.33
$1,313,064,654.69
3.302.S34.1J
30.000,00
I
(JiJJ4.l9
l3r.m.g4
.
ll.T9.5il.M
ARDNHR,
Central
Manatee
The
strength
of
a
hank
is
determined
by
Us
history,
its
policy,
I
Bank
n
T7TNt
Montreal
"I',
has
lbe,
"'"J
"I
Us
n's"
V"
126
years
theft
of
been
tn
the
forefront
of
Canadian
finance.
Sport
Chatl
The
Answer
to
the
CoalJL
A
sparring
partner
thrwf
a
'
nunrh
In
thi
tlnitl
nrnnnllni,
t,'
.
"
.
.
v.
.
.
nt
.
.
.
a
charrrploruhrp
eentencfer
aac
knocked
Britain's
most
cxtra-fant
and
til-fated
fHht
ot
il:
time
into
a
eocked
haty
Th.
match
-as
a
controversial
affair
wlrti
the
vacant
nrttlah
and
Empire
heavyweight
title
at
ftak.
It
collapsed
ftnalljr.
when
Tiam
Jak
London
went
to
hospital
Just
four
days
befo:e
h-wns
to
face
"Fearleas
lredtM"'
Mills
in
a
London
cluo
with
limited
space
and
luxury
pricex
The
latest
communique
from
thr
Queensberry
Cub.
the
whedu
led
fight
seene.
saldTthere
was
j
prospect
of1
-the
two
wrapper
meeting
in
about
two
months
;
time.
Many
ring
foltowm
and
j
sport
writer,
hove
very
feel
th
1
if
tho
tmht
l
held
at
ad.
n
wt;
be
an
open
air
event
next
summer
with
austerity
admission
prices
prevailing.
Indefinite
postponement
caa'
after
Londt,
atV2lf
pounds,
the
blftgeM
genl
Ih
the
professional
ring,
suffered
an
injured
rlii
during
a
final
training
bout
A
medical
report
said
he
win
unfit
to
fight
for
some
time
;
Hie
fellow
who
caused
the
tn-i
Jury
was
Tom
Reddlngtoa.
a
i
medium-class
heavy
never
cre
dited
with
poAsejMifMr.
a
rxiwerftil
punch.
Meanwhile
Mills
was
bus
ily
bathlrut
hU
hired
help
in
a
London
gymnasium.
lie
had
put
two
to
sleep
and
was
workltvi
on
a
thlid
when
word
of
the
ao
Ident
came
through.
Milk,
no
midget
himself,
holds
the
British
and
Empire
heavywelfj
crowns
He
was
to
meet
a
mueh
riefUer
man.
London,
fonru-r
Went
lUrtiepool
doeker,
voM
have
entered
the
ring
with
at
leaH
a
M-pound
edgr.
B9th
are
the
aame
WTsght
five
feet.
10
inches.
These
two
air
force
phyatatl
training
sergeants
were
flni
scheduled
to
decide
ownership
of
'he
heavy
ciowns
at
a
Blr-
m
Ingham
football
ground
tust
August.
A
month
prcvtoMly.
London
injured
a
shoulder
and
the
clause
was
potttsoned
mn
they
met
previously,
in
a
noa-bout
nearly
two
years
ago
both
were
ascending
the
fistic
ladder
and
MUU
took
a
decision
Lendoo
at
that
time
was
recovering
from
a
hulder
injury
Following
the
DlrmtBtham
postponement,
the
fight
was
transferred
to
London's
Queens-beriy
Club
wUh
stats
limited
to
1.7S0
and
the
prices
raoglnf
from
SI
15
ringside
to
SO.
That
brought
howls
from
the
prea?
and
public
who
claimed
the
arrangement
barred
the
little
man
who
was
the
very
backbone
of
the
game
Mills
and
London
were
to
draw
a
purse
of
more
than
$15,400
for
the
scheduled
13-round?r.
Now
they
must
sign
fresh
contracts
for
the
bout
but
before
doing
so.
Mils,
through
his
manager,
canny
Ted
Broad-ftfeb,
is
demanding
rtiat
London's
backers
post
a
$2,200
forfeit
to
guarantee
his
appearance
in
the
ring.
Trv
a
Want-Ad
for
Quick
Results,
;
hox
3
For
Mutual
Benefit
Health
and
Accident
See
JOHN
U
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37
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PRINCK
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