li Lad Ge

 

TET Lee a RG PTS

—by Byrne Hope Sanders

MONTREAL, . Nov.’ 29th—"Do my. Christmas’.
hopping at the.B of.M?,... How do you mean?”
1 Marge the olher ‘ day... So.1 told her about
es avaihible: ab the BANK
Ji MONTREATA. The Gift “Cheques decorated
rith'a gay group of. carollers ... the B of M'Mohey
rders hat you. cun ‘send’ in: attractive Yuletide
Hope -. the’ Savings Bank Books thit ‘come:
istinas “gift? covers: Marge’s eyes were gleaming -
I She quickly, saw. possibilitios’in.the idea. “L’ve been
sinking what lo give Houry y, my nephew,” she said,-“A’
‘very things? 1 cotld*see her mind following up on the
people“toa. “If only Tliad heard of thig years ago," ” he
ot of rouble, I could have saved yee yo

  
    
     
  
    
   
 
 

{) iniportant-n me: al of the ny
it thatwe-all had: the Red River
we en) yed -g0-much.' Pm: sure. ‘you'll
too — with -its’ fine. bleniting of grains, :
kg 80 * quickly — and: ‘brings such |a‘fine ©
spoonful. Red “River
gulator, will: send your
food 1 valu

 
   
   
   
    
   
   
    
  
  
  
  
  
  
   
    
   
  
 
 
    
  
   
    
 
   
  

 

 

 

 

 

 

 

 

     

Le. What: Atel to:
“wateh /Dad“and- the. youngsters —
=" nada couple’ of neighbors’ kids
oS — laughing in competition through
th family game! So: many homes, °
+ these days, are finding the pleasure:
of “family games —so -many ~ of
. thom are ‘filling. the shelves “at
: home with « group of fine games
“like the | ever r-popular SORRY! -
oo Start’ now: (o- build' your “own :
2 talleetion — 10 keep’ ‘your :young.»
“ones happy at. ‘home— and | to's
“bring them ‘still closer-.to you: jn

 
  
  
  

the evening - hours ‘round Abe.
games board!”
Of ‘all the chicken’ soup sold, in: Canada, ‘fj fot) j is |

PTON. CHICKEN: NOODLE SOUP; Want
wwhy. it’sso’ popular with-so: many?
have he aise heh a

  
      
 
  
  
 
   

“me,
the real. delights: of the
eo know. Lipton Chieken:
in just afew tnoments,
“and serve it: ee

 
 
 
 
  
 
  
 
   

 

 

 

 

 
 
  
   
 
 
 

ual
on color —~ the srenl Jeinon
family, this: new Royal

i. ust Id"some. leanon j juice
the tne? le

 
 

A iely.: sti
uly, ae an
Me

 
 
 
 
 
 
 
 
   

  

: duced.

. increasing the supply of bank

| OfRyeMay Cut

ns | Hetnee, ° ve 5 .
~The ruling ends a ‘drought for

‘ - American product whirh started

: “post-war quota was £2,500 for all
‘ ‘dollar .Whiskies, of: which Cana-

_[. The Telaxation is. ‘not ‘expected

: v Kflow-; of the:: -Canadian' and “Am-

: ose :

 

“TORONTO - Credit restric-
tions: are ‘irritating and awk-
ward: for borrowers, but are nec-
essary if Inflation is to be avoid-
ed, John S. Proctor, ‘president

{annual Meeting, | o

It. was most’ important, he
| said, that. the business com-
{ munity, as: well As governments
and “individuals, should recog-
nize’ ‘their necessity to: cO-oper-
ate: fully.

Attempted: rates. of capital ex-
pansion this year:were much too
great to be fully carried out, and
‘Thigh rates of interest were bound
to continue unless current levels
of: ‘Investment spending were re-:

- Mri. Proctur added!
“Had the Bank of Canada pre-
vented ‘rising interest’ rates by

Cash, thus keeping credit casy,
this: ‘would: not have avoided in-
terruption of current ‘projects
and plans. because ‘interference
with them would: soon: have-ap-
peared in the form of shortages
of labor and supplies. resulting
in rising costs. and prices,
“Tf current rates of expansion:

UK. Purchases

 

 

2 Scotch Prices

- LONDON. i Canadian. rye

 

a whisky. and ‘American; -bourbon bie
‘now may’ be: importéd® ‘into: Bri-

<ftain: withiout restriction.: One 're-

i ‘sult: may be cheaper scotch whis-

ky In Canada...

- Under a new British govern-
ment Tuling effective «Nov. 12,
‘North American whisky will be
admitted under - Open

fanciers: of the Canadian and

with a total ban in -the Second
World: War and: continued © “with
“token”: post-war. imports. ‘The

{dian rye: accounted: for, £1 800,

to. result’ ‘in'a greatly increased

erlcan brands. into Britain. Its
main: significance’ is that it will
‘pub-scotch whisky interests in a
stronger- position to ‘claim ‘con-
cessions: in’ North ‘America;

on’ Canada;“all’ provinces: im-
discriminatory.“ “et a XeS.

 

 
 
  
  
 

ANN,

 

A fence’ being. ‘the’ former. Britis! ,
estrictions on: Canadian’ whisky. ony

 
 
 
  

against scotch whisky,-:oné .de- |

. Fanaa
. tHsiTtAttgen
yyw -

  

 

   

   

Maca eee,

Te Nam aaa sete

 
 

 

itzn
ve

 

ina rena

‘of, the Imperial Bank of ‘Can~
‘ada, said. today. at, the bank's}.

Mr. Proctor, “is that inflationary

| crease, together,” 7

general -

 

  

 

 

HAS
cloth

AND YOUR
TRADE-IN 9’ 4,

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vv he

as

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ee '
Eni vit

Terms to Suit You:

ae | LIMITED |

 

 

  

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1, Fast, clean,

16 Ibs,
others wash 8 Ibs, and
much cleaner,

bearing mechanism—lasts |
longer= no belts,

3, Touch= release safety
sa with quick end
reset,

4, 6.

. guarantee, —_

~ GORDON & ANDERSON

      

 
  

Shy hoe
att pe gags
e

 

Bape

  
 
 
  
  
 
  
 
  
   
  
 
  
  
  
    
   
 

 

THESE FEATURES

6-minute
es action, Washes
in same time as

splece heavy ball

 

  
     

year mechanism

  
     
    

Me eT

   
  
 

 

Credit Curbs Irritating But Needed
To Avoid Inflation Says Bank Chief

are to: be. moderated, asthe
must, {t is surely preferable. that
this should ‘come-about by. ‘Te-
straint in the use. of credit Ta-
ther. than by reducing the pur-
chasing power of the currency,’
Nevertheless, flexibility and
understanding - in ‘such’ matters
Was necessary, Restraints should
be eased as soon as there was
evidence of sufficient reduction
of demand to avoid danger of
inflation,

In the first si: monins of 1956
the physical volume of national
output was more than’ six per
cent above 1955's first halt.

In the light of the rate of ex-
pansion, it’ was not surprising
that growing scarcities . should
tend to.push prices up, -

“The remarkable: thing, ”” said

measures have: been sO mild and
so long delayed. |

“For this. we have mainly to
thank our’ ability-.to tap ‘the
productive capacity of.the Uni-
ted."States and, other. countries,

Imports of goods of all sorts have |}

relieved -the ‘scarcities- some-
what and made it possible for
the: production of “capital goods
and of consumer goods: to in-,

DeSpite ‘the ‘fact. that Cana-
dian - -savings , were increasing,
about. 25 per: cént of current-in-
vestment . caine from imported
capital,: ‘High as. this percentage
was, however, it was far short of
the ‘rate’ In: the Other ‘great per-
iod of-expansion before’ 1914,

y{of expansion must

foreign trade, there was

 

Without thls: capital the rate

Monarch Caramel Sponge Pudiling makes a perfectly
delighttul combination with mineemeat, H's an ;

Oo ‘Unusual dessert, yet so easy to prepare, And it tastes i Our ie
absolutely serumptions, The children will lave "ho10

ity Surprive your family with this new dessert

 
 
   
  
  

necessarily
have been slower and, at least
in current circunstances, there
would have been greater risk of
inflation, Also, there was little
evidence that foreign investors
were using their control of large
segments of Canadian industry
to the detriment of the country. '

“Ib would perhaps be healthy,”
Mr, Proctor added, “if Cana-
dians were given more oppor-
tunity lo participate in equity
holdings of externally-controlled
companies, But given due vigil-
ance, we, aS well as the foreign
Investor, gain by this. movement
of capital.”

E, J. Friesen, general man-
ager, sald that. assuming no
worsening in the international
situation and no disruption of
every
reason to expect a continuance
of buoyant conditions, provided
all Canadians were willing to
shoulder. their resporisibilities, |

 

 

TA-L-O-R--N-G

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Accused To File
Cross Appeal

Against Crown

VANCOUVER i—James Carey
charged with murder, has filed
notice with the Supreme Court
of Canada that he will cross
appeal against the crown’s fight
to take away a new trial ordered
for Carey by the British Colum-
bla court of appeal,

Lawyers here say the move is
rarely used in Canada.

‘Crown prosecutor Wittlam
Schultz, on the instruction of
the attorney-general’s depart-
ment, appealed against the de-
cision of the B.C, Court of Ap-
peal to give Carcy a new trial,
ANCIENT METHOD
FIERCE SPECIME iNS

Killer whales, which will at-

tack much larger whales, are ac-

 

   

‘

10 . Prince Rupert Daily News
Thursday, November 29, 1956 -

eee eh an weteettemn # metieen He

  

Civic

 

  

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QUALITY WHISKY AT A PRICE ¢ and ON agg”
— YOU'LL + APPRECIATE

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