It id !4 ills n eldiintc Rupert DaHi i3etos Tuesday, December 4, 1945 It f erj afternoon except Sun Prtnc Rupert DallJ New rhlrd Arenue. Prince Rupert. British Columbia. 'HITTER Uanaglng Editor h KIPTION RATES , arr'er per wee I p.. are MEDALIST ....$ 7.50 PREMIER $ 8.50 ROYAL $10.00 IMPERIAL ....$15.00 A.B.C I WSE 17 00 14.00 Just as there are "sermons In stones," so too are there lessons in your news-' paper. Many a genial and miraculous force has been known to proceed from a newspaper. Merely reading one Issue of your newspaper makes the air swim with life. By acting as a kind of sparkplug for your mind, it fires your brain to think your way through every problem. Your newspaper, unconsciously and unintentionally perhaps, reprints constantly the j wisdom "or the world, i 'Our Newspapers" There is no mightier power for ood than a newspaper. It is hard to Conceive a world without a press. A College freshman said: "I wonder ljow people breathed before oxygen was discovered." ; The newspapers are a natural part of our lives. We turn to the news columns, the editorials, the special articles, the funnies, and the advertisements, to supply our wants 4nd to answer our many questions. Editors and reporters may make mistakes and may make enemies; but the great majority are sincere, upright men and women who are seeking to make a better world in Vhich to live. "Is the editor in ?" asked a visitor. "If so, tell him a friend is here to see him." ; "Do you live here?" asked the office boy. "No," replied the visitor. "Then I'll tell him," said the boy; "he says he ain't got no friends in this town." How beautiful upon the mountain dre the feet of him that bringeth good tidings. Dr. J. Whitcomb Brougher, in the Los Angeles Times. Are We Ready? . . . Can atomic energy be harnessed to the job of making peace before it is unleashed in the making of another war? This question is hanging as if by a hair over the heads of Statesmen .and peoples the world around, says the Christian Science Monitor? ? Just at this moment it is a somewhat less frightening question than Jt has been on several other occasions when it has been propounded because pi statements of British Statesmen. ; Now, if only we were hearing similar statements uttered by Am- WATCH THIS SPACE ' For An Interestng "New Specials Every Day erican leaders and cheered in. the United States Senate then ive should have a right to ask to hear from Mr. Stalin. . . , 1 As we are broadly hinting, the three reasons are not decisive reasons. But they are hopeful. And they , are found where one usually looks last for signs of basic progress toward a world governed by law instead of atomized by war. That is, they have emerged in those high political circles from -which one usually hears why great reforms cannot be undertaken rather than why they must .be. In London we have heard Mr. Eden call for drastic reform of the United Nations Charter to eliminate the Big Power veto. And we have heard Foreign Secretary Bevin propose as sweeping a reform to permit the General Assembly of the United Nations Organization to become a real world parliament, with powers in its own field overriding those of the separate members Governments of the UNO. Moreover and this deserves a paragraph all its own we know that the House of Commons, struggling as' well it might with the atomic implications of what the Foreign Secretary was saying, cheered him at the end of his speech. Now these proposals add up to what is needed to pontrol the atomic bomb in fact, to prevent war itself. They add up, in blunter words, to a pooling of some aspects of national challenging thing about these proposals is that they show that some Big Power statesmen have not only seen what must be done, but are will- Announcement Coming Soon MUSSALLEM'S ECONOMY STORE (Opposite Canadian Legion) Phones 18 and 19 P.O. Box 575 leaders will be watching for the an-! and only this totality of produc- swer during the next few weeks, and leaders in other countries may make moves based on the response to the British statements. It may be we are coming upon one of his- ready? STETSON for STYLE!! can rely on the world's most famous hat 1 being right at the head of the style parade . . . Make YOUR selection ;now, while stocks 1 ' complete. Noth.ing Iiner as a ift for Dad Gift Certificate with miniature hat if desired. "THE MEN'S SHOP" PRESENTATION TO MAX ASEMISSEN Honored by Prince Rupert Club Prior to Leaving for Vancouver Members of the Prince Rupert Club gathered last night at a jolly informal stag party to farewell L. M. Asemlssen on the eve of his departure today for Vancouver to take up future residence. Feature of the evening's proceedings was the making of a presentation to Mr. Asemlssen with an expression by President J. J. Little of esteem and best wishes. Mr. Asemissen replied suitably. Mr. and Mrs. Asemlssen sailed for the south on th Cata'a 'his afternron. will aid the Post Office, now short of manpower, to help reduce the list of more than 70,000 Londoners who want telephones installed. Mir.Kurs Sam: IN THE COUNTY COURT OP PRINCE RUPERT HOLD EN AT PRINCE RUPERT THE WOKKMKVK COM PKNMATION HOAKI) VS. GEORGE THOMPSON Pursuant to a Warrant of Execu tion, to me directed, against the poods of the defendant, George Thnmnonn T ViflV Ii.ImvI Btlfl thrill tive effort can provide a real and enduring basis for material welfare and economic security. "I see no reason to believe that there can ever evolve an economic system so ingeniously contrived that everyone will have tory's decisive moments. Are we social security waitm for him as a matter of right, whether he works hard for it or not." . In a review of the broad situa tion facing Canadians at the start of the long-talked-about post-war period, Mr. Spinney said many problems remained to be solved but added that few countries could step from the realm of planning to performance under such favorable con ditions as Canada enjoyed. "We have a population which is intelligent, adapable and not undermined physically by! the strain of war," he said. ,"Our productive equipment haa not been reduced to twisted wreckage. While our material" resources have to some extent been taxed by abnormal wartime demands, by any reasonable standard of comparison we are richly endowed. "We have a lone tradition of "stable government within the framework of democracy. Our monetary system is sound and we have been spared the hard- snips and injustices of uncontrolled inflation. We live on the best of terms with our neighbors. I do not seek to mini mize tne difficulties of our transitional Deriod. but I do sue- LONDON (Reuter) Linemen eest that our nrohlem anH re- of the Royal Corps of Signals ' sponslbilitles are In the main those of a 'have' nation, in sharp contrast to the well-nigh appalling tasks which confront many of the 'have-nots.'" Controls Need Watching One problem facing Canadians was the task of maintaining wartime controls where necessary during the transition period, while at the same time keeping a close watch to see that such controls did not remain so long as to hinder a complete reconversion to a peacetime economy. Necessity for maintenance of offer the foiiowin? goods for sale on I some control, Mr. Spinney said, the office of the Sheriff, Court House, Prince Rupert, B.C., at 2:00 o'ciock In the afternoon: 1 Sawmill, located on a spur oi the C.N. Ry about HA miles east of Shames, B.C., together with all machinery, tools, camp and camp equipment, logs, trucks, sawn timber, logging equipment and Incidentals, belonging to the said defendant, and lay In the fact that inflationary pressures now are, if anything, more intense and more frought with potential danger than at any time during the war. The need for continuance of checks against Inflation remained as a challenge to the good sense of Pnnnrtinns1 nnrt ,,fho mnnnn. In also one 2-ton truck located at No.!,v,i-, ,, moot meet ih., that i,ta We 1363 Blxth Avenue East, Prince Ru- i1 . challenge pert. B.C An Inventory of the goods may be seen at the office of the Sheriff. win utueiuuue wnetner we taCKie the tasks of reconstruction 'against a background of stable property may be made with the monetary conditions or in the sheriff. I turbulent atmosphere of lnfla- nary boom and subsequent The highest or K5 "bid not nece.. sarUy accepted. M. M. STEPHENS. Sheriff. Dated at Prince Runrt Tl C. this 29th day of November, 1945 collapse." ', At the same time, he said, j Canadians should not lose sight oi tne iaci mat jusi as an ex- 283 panded productive activity Is Uie 1 Bankers Review Canadian Economic Scene George W Spinney, president, and B. C Gardner, general man ager, who address shareholders at the Bank of Montreal's 128th annual meeting, No Security Without Work, Says Bank of Montreal President George W. Spinney Discusses Social Security Problems And Loaning Policies Tells Bank of Montreal Shareholders "Risk-Free Banking Hardly Banking At All" BY B. C. GARDNER, GENERAL MANAGER, IN A N N U A L R E V I E W AT . 12STII ANNUAL MEETING ing to admit publicly What they have measures are without value to seen. Let us praise them for their wey aje COUrage. But let US not Stop there. (cept and promulgate the'idea Ordinarily we private citizens de-; J; security can emanate ef- J r 1 fortlessly from .Government, act- 1 .1 u 1 j plore the way our World leaders ling in the role of benevolent and hang back when great decisions are!10111101!11 provider." to be made. Shall we hang back nowllt,.gS&5 5 that the leaders are showing signs plough and reap, to plan? and of moving ahead? In Britain some f2t tn n aaa In flnnnninl Inetl. To this end, our policy is to see that our lending xacinues and other services are made as broadly available as they can possibly be; and as part of this policy new metnoas ana aaapia-tlon of old ones to meet new conditions are costantly being studied. In my view, risk-free bankine is hardly banking at all: and If we are to maintain a progressive outlook we must meet new concuuons witn cour- ee and confidence. Mr. Spinney noted that the Bank had provided more than $19,500,000 for taxes during the war vears. and added that gen eral costs of doing business showed an UDward trend "In spite of higher operating costs and substantially higher taxation during the war years," he added, "our charges tor bankine services to the public have not been Increased, and in some cases particularly In connection with lending rates the charges have been reduced. Banking services, therefore, In contrast to most other services, have not in any way contributed to higher production costs, higher living costs or higher prices." Business Background Reviewed Mr. Gardner told shareholders In his address that the pattern of general business activity In Canada was, to an increasing degree, becoming Influenced by the processes and problems of reconversion, indices oi proouc tlon and employment had been declining since mid-year, but indications were that the con traction In economic activity had been "of a very moderate na ture." "Recorded unemployment Is beginning to show an Increase, but here again the percentage of unemployed In relation to the working force is still less than at very high levels. Accumulated demands tor consumers' durable goods and for housing are potent influences tending to cushion the shocks of the adjustment period. It is noteworthy also that according to Government data, there had been a considerable transfer of workers from wartime to civilian occupations well before the end of the war Itself." Farmers Incomes Above I Pre-war Levels Mr, Gardner said that, because of lower yields of wheat and other crops, it was probable that cash income from the sale of farm produce this year would be moderately below the record of '1944; but that farmers' incomes generally would continue sub stantlally above pre-war levels. I In the "very Important field" of export trade he found the outlook "complicated." He said it is apparent that for some I time to come much of Canada's export trade would have to bet financed by credit arrangements! between the Dominion Govern-1 ment and the governments or! other countries; and "this emphasizes the urgency of re-es tablishing conditions in which' tne processes of trade may be restored to a real and mutually advantageous exchange of goods between Canada and other nations." Mr, Gardner revealed that the Bank of Montreal, because of the importance of trade in the post-war economy, had undertaken an extensive survey of foreign banking arrangements with a view to facilitating the trading operations of its customers. Officers of the Bank had completed a tour of Latin lAmerica and the West Indies and similar surveys were being NEW PEAKS IN-TOTAL ASSETS ANNOUNCED tohear'Eaanthe Antlpo- des. Record Year Shown In reviewing the annual statement of the Bank's financial po sition recently released, Mr. Z 1 wSiYJ. ZuaZZA .. Montrea1' Dec- adUns will continue to expect more in Gardner noted that new'peaks un iwiifticou onunyij, ouwan:u. me way oi government facilities and assistance in the future had been reached in total as-If the director of a nrivate neaee than thev did before the u-ar. and uhlle therp is a nlarp fnr surh sets, liquid assets, deposits and organization, or the lecturer at a I measures In Canadian economy if they are soundly conceived and S'" HeScutoref woman's club meeting, or a member u'ijf1Lad!nlstervG.0V,eruIIieni can distribute n0 benefits that eren'ce t0 the lare holdings or nf nf rv,r.,,OTYrQr,c, fv. n,j j I wiuubh meir uiuuur, bu nut piuviue, rrciiacnt ueorge Government securities now tool na one oi ine movements ior W orm w. Spinney of the Bank of Montreal said at the bank's 128th an- tailing more than one billion federation Were making these pro-' nual meeting yesterday. dollars, and said it was a direct nnxnin iiinn ,,.,,1,1 v, v,! ,,... i tvia oonorai monndof r n ngrno, .onnrici ,v.nui..u... reflection of one of the Bank's puaia tucj wuum iiul uc uig news, i .--. ....6w, . . w iUmuiuc Important wartime functions 1 Not anv mnrp Nn Rnr th vonlhr ,on what was probably the most active year through which the thPmvislnn of Khnrt-tPrm. in-1 I and other countries as they were likely to affect the "future of ment to fill the gap In public j I Canada's oldest banking establishment. ; finances when it was not pos-j was further from his intent than to argue that social security 'wartime financial requirements basis of material welfare, so is by taxation and borrowing from it also the ultimate safeguard the public, against Inflation. i At the same time, he said, the Production Throoeh ?a"k was hopeful that, as ln-Comnetition dustrv resumed a more normal pattern, and as civilian business ,,,, t ur,, f v,Qfo- to fh.S'ithi" replaced government contracts, teU2HhhX" tr Ending function of the petitlve effort, free from unnec- ui, m in..IU tutlons as in any otnei business, t 1 ' 'X,.. fiii in fully j u borrowers a manner ment of affairs. 01 aay-10-aay Dusiness. ;V"''CV Vihh. in nnr. "It is an axiom of sound bank- ,nri.. " rh;V ! nrnte.inn rtor.net. 'advertising m order that our 'tops' Tundsmust always remain : services Lmay he ; avaHable to the of the first importance; but a puo."t, u" w,c kv bank, if it is to fulfil its func-1 baf 's- , j u lt lu tion, must not only provide am-j Mr. Gardner said that the ' pie and undoubted protection to volume of barking transactions depositors but must, within its during the year had exceeded aDDropriate sphere, serve the! all previous records, and added credit needs of the community. that "we welcome all oooortuni ties within our power to extend our services to the public." Deals Not in Money Alone "This bank," he emphasized. "does not deal in money alone. In our day-to-day dealings our managers and staff are concerned with the many human relationships arising out of the financial problems of our customers, both of large and small means but particularly the latter, who seek assistance from a reliable and trustworthy source. The problems of returning war veterans are receiving our special and sympathetic Modern Etiquette By ROBERTA LEE . Q. When talking with some one who does not know one's religious faith, what should one do if this person speaks dispar agingly of one's church? A. Change the subject. It Is a very thoughtless person who would do this. Q. Is It good form for a man to refer to his wife as "the Mrs." or "the wife"? TODAY'S STOCKS (Courtesy of s. D. Johnston) y y s y y y y y y y v fmhHci1?6 importance and scope. Some in-'5 fullil the mvnad desires of con-',. 1 11. . ,a Z. sumers. both at home and"vD hart wn abroad. Such creaUve effort is ,.Q, inxr' rr. the peculiar genius of private , ans enterprise and from It miost , r come the Impulse upon which' " is n,oto Po 1, e"cu! Canadian income and Employ-. People to incur mveetm ment depend." . texp'"'cu' " ,T jvxi. outline oaiu uiab WAic ntcu I)U, - .,i F tnr rwiwiui ,.nrt imnoin.tinn lacilltles may play a usef ul part -4. , - ....e,..v...w.. , .0ii .H.H flrinne ol nrn. W Vancouver Bralorne 18.t5 B. R. Con ,19 12 B. R. X ,19 Cariboo Quartz 2.85 Dentonla ;25 Orull Wlhksne' .25 Hedley Mascot 1.40 Minto .08 W the Bank of Montreal was keep- " "i" " n"' ,'A "ZZa "e ing this in mind in the conduct i5r"RKS their f,n! We lEl have S 'y A. No; he should refer to her as "Mrs. Smith," "my wife" or "Mary," depending upon the person with whom he Is talking. Q. Is it customary to seat all the guests at a home wedding? A. No; a few seats 'are usually provided for the elderly guests but the others stand quietly around the room. the normal degree of uncmploy- FLIER FOR 28 YEARS SirJl. rie e: LOKOON CTi-The oldest Bat- while moving from one occupa- tle Brltaln P""- 44-year-old tlon to another," he said. I Sqdn. Ledr. Ernest (Tubby) "While further contraction of Mayne, A.F,C., has been demo-economlc activity must be ex- blllzed after 28 years' service in KSSi ffSffi. theZmeS wT ' TL ate outlook has its reassuring R"A'F He wiu WOrk with a Kent aspects. Retail trade continues automobile firm, y Fend Oreille 2.90 Pioneer . c.60 Premier Border .08 V4 Premier GoM (ask) 2.50 Privateer .68 Reno - 07 Salmon Gold 18 Sheep Creek 1.60 Taylor Bridge .80 Whitewater ,05 Vananda ... 46 Congress 14 Pacific Eastern .10V2 Hedley Amalgamated .07V4 Taylor Windfall 07 Oil& A. P. Con 19 Calmont .41 C.&E 155 Foothills 1.35 Home 3.70 Toronto Beattie 135 Buffalo Canadian .42 Consol. Smelters 63.00 Giant Yellowknlfe 9.50 Hardrock .87 Kerr Addison 16.00i LltUe Long Lac 2.30 Madsen Red Lake 4.10 MacLeod Cockshutt .... 3.20 Donalda 1.38 Moneta 66 Pickle Crow 4.25 Jollet Quebec . 69 San Antonio .'. 5.85 Sherrltt Gordon 77 Steep Rock , 2.60 Senator Rouyn 1.38 Hcmer .36 Jacknlfe - .35 Bobjo .2IV4 God's Lake 67 Lynx .33 Osliko 155 ONIY ,7 PACIFIC Uf NowOpenlorl Business 6:30 ajn, - 12:00 pj Special Chop Suey - Nsoi INCOME TAX Returns Prepared- R. E. MORTIMEEi 324 2nd Ave. - For your HOLIDAY ATTIRE See our new lines of well known makes of women's shoes In black and brown pumps and oxfords; high, Cuban and low heels. Our stock of Llppc for the prar.tL-1 is also complete Selection at Best Now! See Our Windows FAMILY SHOE STORE LIMITED YORK GENERAL CONSTRUCTION Building Supplies Free Estimates, Construction and Repairs Windows and Frames, Doors and Frames, Cabinets Show Cases of all description Also Furniture Repairs First class finishing and workmanship Phone Black 12C Between 8 am, and 5 p.nu 1 COMMEI ERCIAL HOTEL COMPLETELY MOD03 Make this your comM borne In Trlnce RnP"1 First Ave and Eight LET US MAKE YOUR CHRISTMAS SHOPPING EASY! rv, Why carry home bulky or heavy parcels wher yo leave them at the store for delivery the same BERT'S TRANSFER. We have made arrangeme n city stores to supply this service for a sman w Delivery by 4 p.m. or tne same any yu..- Tell the clerk to "Call Bert's." BERT'S TRANSFER & MESSEH 303 THIRD AVENUE w.b CHRISTMAS GIFT S U GGESTI oiirv m A!ii ATT1V tin &izf) REMINGTON "DUAL" ELECTRIC SUA E'ts TABLE LAMPS CRYSTAL SETS, complete with phones CRYSTAL RADIO KITS We carry a complete stock of Heavy Duty nd Portable Radio ea""1 Expert Radio nd Appliance RePirs- Fluorescent Lighting. ejVfd. Mail Orders shipped same day as re Rupert Radio & Electric nil 1321 318 Third Ave. West PHONB HU Box 1 0 1.0