,
Only
two
specie
ot
the
walnut
Tne
.i.iie
uf
U,,,,,
ta
(u
j
triv
are
known
In
Canada,
bolh
lug
uranium
Sonn
e
n
(u"J
lorcurrlnR
In
southern
Ontario.
Slates.
BuTHOS
Ailra.
lapliui
Of
At
eentlna.
has
the
largest
refw
crating
plant
In
the
world.
2
Prince
Rupert
Daily
Newsjro...
As
I
See
It
Tuesday,
January
13.
1953
The
Annual
Meeting
of
Shareholder
Reflects
and
Reminisces
BY
an
Independent
dniiy
newspaper
devoted
to
tha
upbuilding
of
prlnca
hnpn
'.
and
Northern
and
Central
British
Columbia.
Member
of
Canadian
Press
Audit
Bureau
of
circulation!
Canadian
Dally
Newspaper
Association.
Published
1)V
"""lie
Prince
Rupert
Daily
Newa
Ltmltea
'
J.
F.
MAOOR.
President
H.
G.
PERRY,
Vice-President
I
he
Royal
Bank
of
Canad
Cfuiore
f-iifjml
V
'
f
try
A'-!!'
I,,
,f
e
Subscription
Rates!
fly
eairler
I-r
vent,
w;
per
month
II
00;
per
year,
I0
00
It
is
declared
by
a
contemporary
that
he
knows
of
a
woman
who
used
to
fed
io
a
doctor
to
1
Pi
mall
per
muntn.
74c;
per
y.'ar.
8
00.
authoriri
as
tor.d
elate
r
all
r?
-.he
Post
Ofa
Department,
Ottawa,
WELCOME
HAROLD
WILSON
j
Hon.
Harold
Wilson,
former
Presi-I
if
she
could
have
chil-'
rrii
10
pr
ir1-
10
LU
Kl
More
recently,
however.;
General
Man
j
learn
;
urcn.
dent
of
the
Board
of
Trade
in
Britain,
now
in'
Mie
goes
to.
a
landlord.
Reports
Axd
1
ancouver.
!
n
u,
,
One
would
think
a
major
con-.
,..
fprp,,.
f,f
viTLfi,,,,,,;,,
,
Dear
w
Mr.
Wilson:
It
seems
to
goods
the
Canadian
sellers
j
would
be
paid
off
In
Canadian
0verS2.6Billk
Free
Exchange
Rates,
Lower
Tariffs,
Encouragement
of
Foreign
Investment,
Keys
to
Healthier
Economy,
Says
President
place
next
summer,
would
be
jr.
I
nle
uwfy
wki..
..
j
doiars.
by
the
hank
of
Canada
Scotland.
But
this
austere
oc-
naw,
T
"U'i
,
ro
7
i
The
Bank
of
Canada
would
j
casion,
it
seems,
will
be
in
Nova
'
cur
leadl"
B
C.
forest
product
j
hod
tnf
equivalent
in
sterling
H.
R-
MacMi
lan,
and
I
Scotia.
It
must
be
remembered
wntar,
Qn
the
otner
hand
Britisr
there
is
another
big
.event
over-j
l,ia'
you
lirter,be
th,e
cR"l
I
manufacturers
who
sold
good,
he
F
ur
bust-1
sets
during
the
summer
ol
1953',
'
premier
,0
Canudll
W01ld
nve
their
atchewan.
This
is
not
only
an
.
payment
in
sterling,
and
the
Dank
of
Canada
would
be
rec-
i
cmpenscd
In
Canadian
dollars
paid
by
the
Canadian
buyers
of!
Indication
that
there
are
few
IT'S
LEFT
I'NCEHTAIN
economic
divisions
or
party
dl-j
Maybe
we
working
boys
do
not
visions
in
Canada
re
holding
realize
what
the
iiuie
woman
is
:
"ul
British,
markets.
the
British
Roods.
j
j
The
Canadian
government!
Urges
dollar
countries
to
remove
evcesstve
trede
barriers
and
customs
formalities.
"Canada
serves
high
morol
purpose
and
cwn
self-interest
by
accepting
her
present-day
responsibilities."
worth,
but
Ottawa
has
it
ligiired
1
In
vour
b'iU"nt
nPW
nin-out
for
us.
Mama,
with
apron
j
Ph,,,t
"In
pl
of
Dllars"
ou
and
mop,
is
worth
S7
a
day.
But
!
hl,vc
Put
Vour
f'"Bpr
rtBn'
"
is
there
no
way
of
rindin
on'
i
the
core
of
the
dollar-scarcity
would
agree
to
keep
the
bai-;
ances
even
year
by
year.
No
,
cash
would
change
hands
bc-i
ti'pn
the
two
countries
That
to
what
extent
she
receives
$7
problem,
trom
tne
tsriusn
pomt
per
day?
That's
something
else
again.
'
Vf.K
"J!
sidor
also
how
j
is
uny
surpi(is
tnal
Canada
had:
Canada's
dependence
on
the
vital
the
d
British
market
Is
tO;V(,ar
tnp
World
and
her
by
V(,ar
on
trading
economv,
respon-Canuda
-especially
to
the
Can-
nr(.our)t
W0Uld
be
wiped
out
nyisibllity
to
it'bcruu?
of
her
in-adian
west
I
rnnnrlinn
Investment
in
Brit..
!
creased
Importance
in
the
world
we
need
your
marten
ior
our
T.
H
Atkinson.
G'hitji
alter,
In
reviewing
ti,
V
I9S2
report
stated
thai
t,
sets
of
The
koyal
Hn
uda
have
now
reueh.
j
t,
pnslng
total
of
um-This,
he
said,
wa;i
a
ni..
murk
in
Cunadlun
bunk.-,
luiy.
mid
is
ine
tuet'i
.
;
ported
by
any
Vun.,(n.,n
k
Deposit
likewise
h-.-t
r,
.
li'tord
totals,
said
Mr
They
now
stand
at
s::,,;
437,
an
ln
reuse
of
hih,,
ly
$n
iHKi
otw
dver
t,.
P
yeur.
"This
Jneieasi
,"
i,4
Atkin.'on.
'reiiceu
not
wL,
Manually
hither
babn".
the
names
of
lorr.u
r
rl:.-has
been
ncrumpunM
j
record
making
nuuuxr
u
names
on
our
boni
s
Tin
r
ber
of
deposit
ill
1
n";'
1,
looks
ol
the
bank
mr
n
25U.0OO,
n
men
a,f
iver
1110
000
duriii"
tin-
;
Mr
AtkiriHin
lepun-
J
;.
"-
the
year
had
In
SI.
762
382
over
til,-
ri
year.
AHer
providing
to-depreciation
and
dtvidi.
eluding
an
addition-?
i
wv.vOOO
nt
the
rote
,t
ier
share,
the
batik
led
S3
0U0.0O0
to
Hi
iw
:
which
me
stands
at
jv,
The
bank's
pnetr.'mtw
t
rovemctit
to
br.i'uht
i,
has
gone
tin
Meadilv
ind
of
the
war,
fnn'.M.v;
in!(
(he
year
to
prmalt
tin
tic
and
staff
with
tnl-::
Waller
Pavlukoff,
arrested
in
Toronto
on
the
charge
of
murdering
Sidney
Petiie
in
Vancou
wheat,
lumber,
apples,
small
fruits,
and
especially
canned
salmon.
We
have
been
loslnn
ver,
told
police
he
had
no
ob
ain.
or
other
parts
of
the
sterling
area.
The
Bank
of
Canada
miglit
buy
securities
in
Britain
and
sell
them
here.
If
necessary.
In
other
words.
Mr.
Wilson,
some
of
us
think
that
the
way
w;m
trie
main
theme
of
the
annual
address
of
James
Muir.
President,
nt
the
Annual
General
Meeting
of
Shareholders
of
The
Royal
Bank
of
Canada.
Self-interest
and
hifh
moi.il
purpose,
he
said,
lead
In
lh"
case
of
Canada
to
a
eoinni'.n
goal-
the
rehabilitation
cf
the
world
economy.
Keiiance
on
the
free
price
system,
he
felt,
b
"
LU
wm
111
cusiooy.
in
triat
maTkt.t
lately
and
would
fact,
he
intimated
that
he
feitinave
felt
almost
disastrous
ef-somewhat
relieved.
So
would
j
lects
of
that
loss
before
now
most
r
us
ir'
lor
ive
yea.
we
i
were
it
not
that
the
U.S.
mar-
A
Full-Time
Job
one
must
hand
Labor
Minister
ALTHOUGH
Wicks
some
variety
of
laurels
for
showing
the
courage
of
his
convictions,
he
appears
to
be
heading
into
needless
danger
with
his
plan
to
put
the
Labor
Relations
Board
on
a
part-time
basis.
While
his
scheme
has
had
at
least
the
virtue
of
bringing
management
and
labor
into
mutual
agreement,
there
is
small
comfort
in
it
for
him
since
their
alliance
in
this
case
is
founded
on
the
single
premise
that
Mr.
Wicks
is
wrong.
It
appears,
however,
that
Mr.
Wicks
would
sooner
be
decisive
than
right.
Even
so,
the
announced
resolve
of
labor
leaders
to
shed
illusions
about
their
"honeymoon"
and
to
press
their
case
more
strongly
than
ever
must
cause
him
a
quiver
of
alarm.
However
sold
he
is
on
a
part-time
Labor
Relations
Board
and
the
deceptive
saving
of
$10,000
in
salaries,
he
cannot
fail
to
see
that
such
a
board
is
poor
equipment
with
which
to
handle
management-labor
relations
when
the
gloves
are
off.
Mr.
Wicks'
error
seems
to
lie
in
a
misunderstanding
of
the
continuing
nature
of
those
relations.
He
apparently
believes
there
is
no
contact
between
labor
and
management
until
some
issue
arises
which
brings
them
into
headlong
collision.
If
this
were
true,
his
part-time
board
might
be
sufficient
as
it
is
reasonable
to
hope
there
would
not
be
enough
major
differences
to
keep
it
busy
all
the
time.
"
But
it
is
not
true,
and
the
Industrial
Conciliation
and
Arbitration
Act
which
created
the
board
does
not
assume
for
a
minute
that
it
is.
Quite
apart
from
dealing
with
strikes,
the
LRB
handles
all
certifications
of
unions
as
bargaining
agents,
appoints
all
conciliators
and
conciliation
boards,
and
hears
and
deals
with
all
complaints
about
violations
of
the
ICA
Act.
Some
of
its
duties
in
union
matters
involve
days
of
hearings
and
secret
ballot
votes
of
affected
workers.
Instead
of
looking
upon
labor
and
manawmpnt
cut
01
the
double
danger
your
itepi
wonoering
now
soon
a
taplket
has
been
wide
open
to
us
because
of
cold-war
scarcity:
i
f"""',''
a"d
""J
thr'iU:
...
t
t-nra
loss
nr
tnp
KritUn
mikr
woum
souna
on
tnc
door,
or
a
hand
press
on
the
shoulder.
But
many
here
are
aware
that
.
nnnlv
pv;l
...
in,
1
prerequisite
to
the
removal
of
to
healthy
in
event
of
a
buslnesa
recession.:,..
.
.
M'
,
1
numerous
obstacles
which
could
follow
peace
even
'
".'
k
.
"
.
,
'
I
world
trace
tsfhii-h
exists
iol
in
Korea,
the
traditional
H-!'V
,
a
.
"Un'"tunaUdy
the
worlds
publican
policy
might
re-assert
!
"I,
economic
,11s
a,e
more
easily
t-self.
and
Canada
could
find
,M,J
Jts
U1rUm
and
rliacnos.
l
than
cured.
"
said
M.
SOMETHING
TO
It
KM
KM
KIR
Now
that
Mr.
and
Mrs.
Truman
will
be
moving,
.away
tom
Washington
within
another
fe
days,
it
is
perhaps
just
as
well
to
remind
Ike
.Jiiat
the
first
thing
he
w
ill
be
called
on
to
do
to
see
that
Uk
'White
H01t.se
piano
is
tuned,
Moose
Jaw
Times-Herald.
,''"
.'
iruwu
iioniiri.
:
Muir.
nie
most
speetaeiK.ir
j
It
worked
between
Canada
!
symptom
Is.
of
course,
the
.0-j
and
USA.
and
should
woik
'
called
shortage
of
dollars
whl-h
between
Britain
and
Canada.
the
gates
of
U.S.
slammed
shut.
IN
ANY
EVENT,
Mr.
Wilson.
Canada
needs
the
British
market
quite
as
much
as
you
British
people
need
our
lumber,
salmon,
apples
and
wheat.
Some
of
us
think
that
you.
personally,
are
.in
a
key
position
to
"Eosy"
Credit
Can
Be
Costly
to
Consumer
Three
devices,
Mr
Muir
said,
hud
been
available
to
correct
the
lull
in
bu.anerfi
which
had
occurred
early
In
IJs.2.
These
were
lax
reductions,
priir
rcauciionH,
"and
easier
credit
terms.
Despite
some
reductions
in
excise
taxes,
the
effect
of
the
lil."i2-53
budget
had
been
to
Impose
a
heavier
over-all
bar-den
of
taxation:
prtc
riiHiiimns.
while
they
hut!
occurred
to
some
extent,
played
a
relatively
small
part
in
the
revival
of
trade
which
t'liik
place
towards
the
half
wjiy
m.iik
of
1S52.
"It
was
the
third
device.""
he
said,
"that
of
easier
credit
terms,
which
was
upparciitly
chosen
by
business
and
government
us
the
means
to
restore
a
stronger
current
of
business
activity.
Consumer
Credit
controls
were
Hlxilisli-ed
on
May
6th,
1952,
and
the
voluntary
rcatricUoris
on
bunk
lending
wen-
removed,
at
the
utmgi
stion
ot
the
Bank
of
Canada,
on
May
2U.
I'j.Vl
We
are
experiencing
the
buoyant
effects
ot
these
decisions.
Indeed,
there
Is
some
er'dence
that
the
decline
In
uetlVi'7
his
been
ovr-ror-rerted.
and
that
inflation
Ins
again
become
a
threat
to
the
economy
"So-called
'eauy'
consumer
credit
can
be
niuxt
costly
both
to
the
consumer
and
to
Urn
economy
as
a
whole.
Tlie
effect
on
sales
Is
Immediate
and
gratifying
to
business,
but
repayment
of
the
debt
by
the
public
in
the
future
may
well
result
In
n
enforced
reduction
In
consumer
spend
Buchenwald,
in
Eastern
Germany,
is
the
g.ave
of
a
hun
rMf?
dred
thousand.
That
many
did
1
publicize
an
entirely
new
deal
i
M
ill
x
rsi;
ls
seven
years
aft
r
!the
end
of
the
Kerond
Wor!d
!
W:ir
j
"In
International
trade.
!!;.!!.
'
1
must
be
paid
for
either
hi
Use
I
exporter's
rurrenry
or
In
funas
l
that
are
freely
convertible
into
th:U
currency
The
world
I
chooses
to
buy
ponds
mid
services
from
the
Cnsterl
Rtnes
an
;
Canada
at
surh
u
rate
that,
-ven
i
with
the
multitude
of
restrie-'
liens
imposed
by
the
lmportin't
eountrii
s.
dollar
payments
for
,
S
Imports
e.xreed
dollar
ciiuin
j
from
exports
by
more
than
,i
billions
per
year.
to-dale
I.H
iiities
mid
su-'
ln(j
Borne
Tl'j
hr.ov
.'-provided
with
new
or
ic;
premises.
18
new
tiT.itwb.
opened,
and
a
further
drill
thr
cour
ie
of
pi.
(nii
i:
llOVL
BWK
AKRtHt
Mr.
Atkinson
revti
tt
hlttoiy
of
the
b
in1,
i
(.;
t.t(!a!u..Uin
ubnud.
p
cut
Uiat
Its
growtn
hid
I
actual
or
potential
ilun
..
(
snadlan
trade
tievn
1;
Offices
wrre
estaiilisli-d
sfter
a
careful
survey
r.
s
round
to
ascertain
ninh
field
was
adequtleiv
n-and
if
not.
whether
liv
could
not
only
act
vice
I
..in
not
leave
its
barbed
wire
alive.
'
between
British
and
Canada
Hitler
saw
to
that.
The
old
build-
This
thai
would
work
as
fol
ings
have
been,
torn
down
anJjtows:
the
area
planUjI
with
trees.
XL's
i
Canada
would
say
to
Britain,
easier
to
do
that
than
obliterate
j
your
credit
is
good
with
us
100
the
memory
of
Nazi
terrorism.
per
cent
to
any
extent
you
care
:
to
use
It.
Buy
all
the
lumber,
Excitement
if
been
noted
in
salmon,
apples,
wheat
and
other
scientific
circles
off
the
coast
of-
tucn
Products
vou
want.
at
8-South
Africa
because-a
fish
h
I
ln8
world
Prlces-
Canada
wlil
been
caught,
the
like
of
which
i
at-CPPt
sterling
in
full
payment
has
not
been
seen
in
50
million
tor
uch
Purchases,
These
sterling
payments
would
vears.
It's
Just
an
ordinary-1
looking
creatn
-e
At
th.it
An.i
De
ueposueu
a
uann
01
tun
who
in
thunder
was
around
ex
ada
account
in
Britain.
As
the
British
buyers
bought
Canadian
amining
sea
Jrxpcl
.
.
50
milHo.i
years
ago?
export
tiadc.
but
i.'uiil
fj
ute
somrtlunR
wort)."hu'
:
.'tishiess
cimiinuiutv
in
t.T
tirular
country,
aiul
fip.r.'
a
reasonably
prodtubie
t..
"The
volume
of
irnsitu
.-I
sactcd
by
our
fomm
in,
i
remains
vr-rv
substantial
h
I
nd
profltatiie
Dnrims
t:
I
year,
our
overseas
ch
:
LATEST
REPORT
tar
Nw
Imt)
Utpmt
wm4
Fwyilill
4
,
w
"
:
o
as
two
detached
groups
who
occasionally
come
together
with
a
crash,
Mr.
Wicks
should
take
precisely
the
opposite
view.
The
relationship
between
the
two
is
the
tight
one
of
interdependence.
This
leads
to
friction
and
stepping
on
one
another's
toes,
but
the
real
danger
comes
not
when,
they
get
closer
together
but
when
they
move
distrustfully
apart.
To
keep
peace
in
such
a
crowd
is
the
full-time
function
of
the
LRB.
It
is
not,
as
Mr.
Wicks
sees
it,
that
of
a
stretcher-team
darting
out
now
and
then
between
battle-lines.
Many
Canadians'
are
still
thinking
there.
V
ar?
too
many
Texans
in
Alberta.
This
Is
another
way
of
saying
Canada
can
get
along
without
oil,
or
why
bother
with
the
confounded
stuff
anyway?
"
Operation.:
Wi
Kvrw
aluminum
a
used
for
artificial
limb,
crutdm
ind
other
ai
ih
to
the
fractured
human
frame.
Now
word
comet
from
Engtand
uglifsling
Mill
wider
horizons
for
this
versalilt
modern
metal.
Seem!
an
animal
lover
of
Twickenham
found
a
squirrel
with
a
broken
leg
and
fixed
it
up
with
pair
of
wooden
iplintj.
These
his
furry
patient
immediately
ate.
So
h
made
two
more,
this
time
of
aluminum.
No
more
trouble.
It's
jmt
one
more
example
of
the
seemingly
limitless
uses
of
aluminum.
And
it
helps
explain
why
A
lean
is
increasing
its
aluminum-making
capacity
in
Quebec,
and
building
a
new
smelter
in
British
Columbia.
Aluminum
Bachelors
of
Use
Muka
tribe
in
Central
Africa
are
forced
to
support
a
huge
tree
trunk
on
their
shoulders
for
'
84
"tiours
before
their
marriage,
this
to
prepare
them
for
the
burden
of
matrimony.
Generally,
speaking,
the
Idea
Is
sound,
yet
11
24
hour.,
long
enough?
-
.
.
-'
THE
IKH
LUt
MIOKTU.F.
"Kxrhange
control
ran
check
the
loss
of
dollar
reserve
for
time,
but
It
d.ies
nothing
to
combat,
indeed
it
may
intensify,
the
underlying
unbalance
tint
c.mes
the
dollar
drum
In
contrast,
a
free
rate
moves
automatically
to
restore
balance
In
fh
international
account;;
"I
do
not
mean
to
say.
nor
hive
I
ever
said,
that
free
change
rates
will
?olve
th
whole
problem;
there
is
no
simple
solution
Neve
i
t
he
I'
.hh
K
Ji,
surely
unwise
to
forego
the
rri-vantuerg
of
a
free
market
mere-
ly
because
after
its
adopt
ion.
some
problems
will
still
remain
'
In
the
short
run,
the
doll..r
countries
should
act
without
delay
to
remove
excessive
tnrilf
birriers
and
customs
formalities
that
now
present
unneres
.
sary
obstacles
to
overseas
Imports.
Canada,
especially,
his
murh
to
gain
by
reducing
the
preponderance
of
U.S.
kooiLs
among
her
imports;
and
at
the
same
time
the
release
in
tills
way
of
extra
dollars
to
overseas
ountrles
would
tend
to
reduce
Canada's
dependence
on
th
U.K.
export
market.
"In
the
long
run.
an
Investment
prneri'mme
will
be
of
the
neatest
importance
In
eorrec'-ing
the
fundamental
economic
weakness
that
lays
our
allieh
open
to
ireprrlnx
dollar
crises
Briefly.
Investment
may
provide
relief
in
three
main
ways:
first
soft-currency
rountries
may
concentrate
their
domestic
Investment
on
Industries
prniluc-ini?
goods
which
otherwise
would
have
to
be
imported
from
the
dollar
area;
second,
dollar
nr-a
countries
may
concentrate
their
lomun
Investment
In
the
same
,
types
of
industiy:
and
third,
the
j
soft-currenry
countries
m
a
y
make
direct
flollar-earnlnp.
In-!
vestments
In
the
dollnr
area
It
CALVIN
EL'LLOCS
ltd.
Report
From
.
.
.
Parliament
Hill
By
Edward
T.
Applewhaite,
M
P.,
Skeena
araln
demonstrated
its
"
an
iinportint
coirjintiiT
cur
Canadian
oist
ou
'n
t
only
was
this
so
from
th'
'
point
of
record
carnini'
fc.
contribution
made
In
tlif
tton
of
tiusiia's
to
th'
i
dian
field
through
-
established
aoioad
worth
while
As
Ins
bft;
In
our
published
i.-piitso
vlous
years,
tnroueh
cur
t
slve
overseas
direc
t
rn'r'
lion
plus
our
wnikt-ft'ulf
lions
with
correspotinn
t
and
the
specialised
tl
lur
we
operate
in
Can.irfj
i'
traders,
we
are
pumd
a'
services
we
provide
anil
the
contribution
we
nt
wards
facilitation
(inVr
value
of
which
can
lrt
assessed
in
a
nution
1
ranks
tlilrd
in
world
tr:
PRAISF
ron
STMT
"It
Is
a
dally
oerurrf?
Head
Office
to
red
;ve
1
indicating
that
'ut
one
f
no'her
siinie
memli'
i
e'
staff
has
gone
out
of
lm
e
way
to
deal
kindly
ami
th
fully
with
the
probii-ms
client.
Public
opinion
of
ing
on
durable
goods
to
a
level
quite
in
low
and
depressing
as
that
which
followed
our
pre-budi'rt
buying
spree
of
l!tl.
If
this
reduction
were
to
occir
along
with
other
deflationary
factor,
such
as
heavy
Inventories
and
a
reduction
or
a
levelling
oft
In
arnlament
expenditure,
our
present
boom
misthl
seem.
In
retrospect,
an
unsound
and
temporary
onf.
Indeed,
the
economic
rwt-tern
today
bears
no
IPtle
siiiuiariiy
to
that
of
10.-8
nil
i
1929
Then,
as
In
1952.
th"
expansion
of
consumer
in-Ktalment
credit
played
an
important
part
In
Increasing
sales
and
maintaining
retail
prices
at
n
time
when
raw
material
prices
were
on
a
steady
decline.
The
result
then,
as
In
1952.
could
only
be
a
concealed
Inflation
with
Its
attendant
dangers.
"I
believe
thnt.
A
sounder
prosperity
In
l'jf,2
would
have
resulted
from
greater
use
of
the
two
other
corrective
devices,
namely
tax
and
pi
ice
reductions.
These
interact
with
and
reinforce
one
another
In
promoting
a
healthy
expansion;
In
other
words,
the
expansion
they
promote
will
not
tie
based
on
the
shif'ing
sands
of
consumer
credit."
Company
of
Canada,
Ltd.
(A
lean).
MILESTONES
I
rom
Ihr
Fllen
r
T1i
fl.lilv
sure
that
under
the
able
guidance
of
Mr.
St.
Laurent
and
his
cabinet,
all
social
security
measures
that
are
conducive
to
the
welfare
of
our
people
will
be
in
General
Electric
Appliances
itiated
in
due
course.
There
seems
to
bs
far
more'
interest
here
in
the
fact
that
an
unauMiorized
and
unsigned
copy
of
the
Currie
Report
was
in
the
hands
of
the
opposition
several
days
before
it
was
submitted
to
the
Minister,
than
there
is
in
the
contents
of
the
Report
itself.
Some
explanation
will
certainly
have
to
be
forthcoming
as
to
how
the
opposition
received
this
copy
before
the
Commissioner
1
Mr.
Currie
f
had
submitted
it
to
his
client,
the
Minister
of
National
Defence.
Something
seems
We
are
going
to
hear
consider
able
from
the
Eastern
farmers
this
year
to
the
effect
that
mix
ed
farmers
in
Eastern
Canada
is
especially
difficult
as
it
requires
continuous
supervision,
whereas
40
Years
Ago
Today
Postmaster
Mcintosh
of
Prince
Rupert,
upon
becoming
aware
of
the
mail
situation
at
Masset.
today
made
arrangements
to
have
the
mail
taken
by
private
boat
to
Masset
and
the
many
passengers
on
the
Prince
Albert
coming
here
to
protest
the
mail
service
missed
their
long
awaited
letters
when
the
two
boats
crossed
paths.
30
Years
Ago
Today
Ex-Mayor
S.
M.
Newton
was
today
elected
Mayor
of
Prince
Rupert
by
a
substantial
majority
over
Aiderman
W.
H.
Montgomery.
Archbishop
Du
Vernet
demonstrated
today
how
the
Little
they
will
claim
the
western
farmers
have
only
one
branch
of
farming
to
look
after
and
thus
Washing
Machines,
Floor
Polishers,
Radios,
Kettles,
Ranges,
Vacuum
Cleaners
and
many
others.
RUPERT
RADIO
AND
ELECTRIC
Phone
644
;
Box
1279
Is
by
and
lame
the
opiiivt-of
Individual
brandies
bank
so
that
our
r.
m'
i"
largely
dependent
on
the
nortment
and
actions
of
personnel.
That
it
is
n
hands
is
amply
evitlmt.
"An
expanding
hunn"'
fVitahlv
nl.iees
Increoseo
1
be
a
bit
smelly
in
Denmark.
I
have
just
obtained,
not
the
can
become
highly
spacialized
tun
Investment
is
to
be
en
self.
farmers
Uhere
is
some
truth
In
that,
too).
couraged;
and
no
plan
or
assistance
programme
or
Investment
Institution,
can
serve
as
a
PROISI.fcMS
OK
INVESTMENT
substitute.
mands
on
the
stalf
and
"The
way
to
encourage
private
investment
In
underdeveloped
countries
is
not
to
create
another
International
lendlnr
BASIS
FOR
OPTIMISM
Mr.
Muir
concluded
with
an
I
think
one
of
the
best
speeches
made
before
adjournment
was
by
Bill
Mott
of
New
Westminster,
B.C.,
whose
talk
was
short
and
down-to-earth.
appeal
to
Canadians
to
exercise
A
FREE
1953
COPY
IS
YOURS
f
I
he
vliirtr
read
authority
nu
Cniitiriiaii
m
and
(.
year-end
figures,
but
those
as
of
December
1,
1952,
on
cold
storage
holding
of
fish;
stocks
of
all
frozen
lish
in
Canada
amounted
to
60,022,000
pounds
on
Pec.
1,
1952,
of
which
56.73,000
pounds
were
frozen
fresh
and
3.286,000
pounds
frozen
smoked,
lit
frozen
cod
there
was
an
apparent
mt
decrease
during
November
of
1.9
million
pounds
as
compared
with
a
similar
movement
of
075,000
pounds
during
November,
1951.
In
salmon,
discretion
when
discussing
Can-
Chevreul
pendulum
Is
used
in
thought
transmission
which
will
past
year
we
are
wen
;
that
at
many
points
our
have
been
faced
with
ties
which
at
the
momrn;
have
seemed
insurni'iant."
tin
case,
however,
was
ther
slifihtest
evidence
of
a
down
in
service
to
the
r
and
so,
on
behalf
of
the
'
tlve
officers
of
the
bant
a
henrt(.lt
"thank
vou"
na
s
prospects
to
their
friends
!
agency
but
to
secure
a
general
j
elmination
of
redurtion
of
the
:
present
restrictions
In
these
j
countries
On
the
repatriation
ff
'
earnings,
on
the
capitalization
st
earnings
which
are
not
or
t
snnot
be
transferred,
and
on
I
the
effective
control
by
its
own-
attract
the
attention
of
the
world.
in
other
countries
"
it
mav
be
pleasant,"
he
said,
"te
have
11
OIL
IN
CANADA
one
s
nation
retarded
hlahlv
abroad;
but
the
boom
psychol
ogy
thut
prompts
even
small
staff.
In
turn,
on
their
V
20
Years
Ago
Todoy
Mr.
and
Mrs,
William
Ranee
were
honored
last
night
by
30
of
their
friends
at
a
surprise
party
on
their
11th
anniversary.
Speaking
of
the
recent
cabinet
appointments,
he
pointed
out
that
the
new
Minister
of
Fisheries,
Jimmy
Sinclair,
does
not
come
here
as
a
man
inexperienced
In
that
Industry.
He
used
the
opportunity
to
express
sincere
appreciation
to
the
citizens
of
New
Westminster
for
the
fact
that
only
a
few
days
before
they
had
passed
a
bylaw
In
which
they
turned
waterfront
property
valued
at
about
$100,000
over
to
the
freezings
during
November
were
I
have
no
hesitation
m
,
ing
the
dlrrn-tors
and
shnif
1.522,000
pounds;
stock
on
hand
Dec.
1
was
11,501,000
pounds,
of
era
that
the
demanw
-future
will
be
met
by
in
the
efficient.
W.ifm
Thin
i
nervle
to
those
who
ure
Interested
In
having
the
latent
news
on
Western
Cnnucla
flfltlii.
Western
Petrochemical
Corporation
UMITED
William
Buckner.
Pren.
and
Oea.
Man.,
.with
Head
Offlctn
in
Edmonton.
HolrllnK
In
elKln
ureas
In
Alberta
and
British
Columbia.
Tammiwr
OAImhh
lU-l'tl
Merchant"
l:whuis
IIMS.p
Sl
W
Ha'tlni
Nt.
TMImv
SltU
Write
phone
or
mail
this
Coupon
for
which
35,000
was
frozen
smoked.
t
rs
over
equity
capital
when
the
majority
interest
resides
outside
the
underdeveloped
countries.
"In
the
last
analysis.
International
Investment
and
economic
development
depend
upon
a
change
of
heart
in
the
underdeveloped
countries
themselves
I
believe
this
change
will
he
easier
if
those
countries
adoirt
the
short-run
monetary
and
exchange-rate
policies
I
have
al
frlenitlv
ninnner
they
ha
Ail
this
salmon
except
for
171
000
pounds
was
Pacific
fsifi.
played
in
the
past."
mately
this
la
what
1W1'
And
now,
at
the
beginning
of
crown
for
wm
of
daUar-the
second,
and
more
important
He
tner
proceeded
In
an
lnfor-part
of
the
Session,
may
I
take
a
I
mal.
chatty,
manner
to
outline
minute
or
two
to
refer
to
some
j
matters
which
required
attention
done.
A
snow
slide
on
the
railway
at
Mile
65
has
cut
Prince
Rupert
off
from
all
telegraph
communication.
1
0
Years
Ago
Today
The
local
post
office
is
only
now
getting
cleaned
up
on
pre-Christmas
mail
congestion.
Second
class
mail,
some
of
it
dated
early
December,
has
Just
made
Its
appearance
in
the
post
Free
Copy
"Our
country
I
ym,np
investors
In
other
countries
to
rush
into
Canadian
securities
should
teach
us
caution.
Both
-
a.ond
rcnute
and
our
long-term
prosperity
will
be
far
uter
It
we
00
not
oversell
Can-ida
now.
Let
us
then
temper
-rur
private
optimism
with
a
lit-Me
publio
euutlon.
especially
when
w
ure
talking
to
Can-xda's
many
friends
abroad.
"Canada
made
a
valuable
contribution
to
tho
revival
of
faith
n
the
traditional
price
mechi-'r
when
ahe
freed
the
dollar
In
September,
1950,
and
removed
all
exchange
controls
a
little
jver
a
year
Inter.
In
other
countries
there
are
legitimate
dlf-erences
of
opinion
on
whether
ir
not
the
time
hss
come
tr
make
a
similar
dash
for
freedom.
But
there
is
a
surprising
amount
of
aRreement
thnt
ultl-
economic
system
is
stronp
1
ready
discussed.
Any
easing
of
the
dollar
shortage
by
these
in
his
own
constituency.
its
cttuiiett.v
tor
erowm
nnr
ri.unuiTi'Q
of
illlH'1'
means
will
make
It
easier
tr
transfer
interest,
dividends,
and
But
what
really
endeared
Bill
Mott
to
the
House
(which
had
mil
i.ntirnrlKe
In
a
SCVlf
vli.nm
Tlli
is
listened
to
speeches
by
Generals,
colonels,
lieut.-colonels
and
what
capital
sums
out
of
these
roun-tri":
and
the
mere
power
to
withdraw
will
in
turn
encourage
new
Investment
and
thus
office
boxes.
of
the
difficulties
with
which
we
are
faced
today?
Owing
to
the
Increase
in
the
cost
of
living
and
present
circumstances,
the
requests
now
being
made
for
increases
in
family
allowances
may
seem
to
be
justified,
but
I
still
rely
on
the
sound
leadership
given
by
the
Rt.
Hon.
Prime
Minister,
and
his
colleagues.
I
am
Western
Petrochemical
Corporation
Ltd.,
,
1
Merchant'
Excharnje
Bldf
.,
1
815
West
Ilasting!
St.,
Vancouver
1,
B.C.
!
Without
any
obligation
011
my
part,
pleas
seud
me
a
new
I
copy
of
"Oil
In
Canada."
'
'
'
Name
a
v-
1
1
Address
-
-
I
.
I
create
a
further
Improvement
lr
should
remember
wlien
come
too
greatly
Iniptcss"'1
the
difficulties
still
sheafl'
There
is
little
excuse
tor
l
In
a
ymuis,
country
thai
new
stands
confidently
1
1
threshold
0!
national
grea"'
hare
you
was
when
he
said
he
served
three
years
and
two
months
in
the
Canadian
Expeditionary
Force
and
cam
out
a
private.
The
Prince
Rupert
Chamber
of
Commerce
hag
gone
on
record
as
favoring
the
establishment
of
a
military
post
office
to
alleviate
the
congestion.
the
exchange
position
of
these
countries.
Nevertheless,
tne
will
must
be
there
Is
healthy
long-