puny other.

radii rgtjiz. ' Tlli BIIARLDTTETDWII GIIAIIDIAI.

Morning Dnlly Wounded In llfll

Preeldw. uuul. Col. W Chute: l. Melanie Vine-President: J. I. Benn“. '11-‘: locum-g: lJouL Oat. D. A. llaollnnen. 0.8.0. lnllhr and Managing Dlreoter: .|. l Burnett, IJ-I.

Annotate ' . Frank Walker and Hut. Inn A. Burnett. LOJLV-B- (On Active Service)

‘The Strongest Memory u Weaker The! the Weakest Ink.‘

TUESDAY, NOVEMBER. 2'1, 1H5

Not Very Communistic

Details of the plan to nationalize the Bank of England, placed before a select committee

of the House of Commons are not so revolun

tionary after all. 'l'licy disclosed that the Brit- ish Government proposes to exchange each I00 pounds of existing stock for 400 pburldfi 0f l! (iovcrnnicnt issue bcziriiig 3 pcr cent intercit- Sir Cyril Ifzidcliffc, stibinitting the details t0 the committee on behalf of the Government, said ‘the stockholders would thus receive exactly the same return as they had during the last 23 years. The nt~\\' stock would not be redeem- iable until .~\pril, iiytih, but the Government would have the DUWtl‘ :i1i\' time thereafter to redeem the stock at par. The same option is not al- lowed the stockholder. The committee voted three to two to report the bill to the House of (Tonunons without amendment. In the opinion of the Government, Sir Cyril said. the stock- holders “are being treated not only fairly but what may even be considered somewhat ben- evolenily," He noted that not one of the I7,- ooo stockholders had felt it necessary to come before the committee “to show that there is any unfairness." Lord Catto, Governor of the Bank, testified that the Bank's directors had received onlv ten letters from holders opposing the proposals of the hill.

Senator Duff For Union Jack

Speaking in the Senate on the flag ques- tion, lion. Mi. Duff said: There is a pro- gramme which I enioy perhaps better than It comes from the station in Char- lottetown, Prince Edward Island. Honourable members need not fear that I am going to do any advertising. I am referring to the pro,- gramme known as Don Messer arid his Island- ers, which is broadcast On Monday, Wednes- day aiid Friday evenings at 7 o'clock. Just a few months ago, when our boys were climbing over the Normandy beaches and working their way towards Germany, a soloist on that pro- gramme, Charlie Chamberlain, sang a song which touched not only my heart, but the heart of everyone who heard it. It was a song about the flag. After listening to it I asked a lady friend of mine to write to Charlie for a copy of the song and music, and he was kind enough to send it. I am not going to sing the song for you, but I will recite it, for I think it is worth putting on the record. Here are the words:

TttEREb A UNI()N JACK WAVING _ OVER YONDER

Ihercs a Union lack still flying over yonder,

Bravcly waving there amidst the shot and shell. There's a Union lack wherever you may wander; When you see it you will know that all is well.

On that little Isle across the stormy ocean, Our boys are fighting thcrc for Liberty. There's a Union Jack still flying over yonder And it means the world is safe for you and me.

There's a boy in khaki fighting over yonder, Who left his home to keep this country free. There's a boy in blue who didn’t stop to ponder; He didn't care just ivhat the cost would be.

He’s giving all he has for king and country, To keep the dear ones safe across the sea. 'lherc s a I men lack still flying over yonder, And ii nicans the world is safe for you and me,

There's a boy in khaki fighting over yonder,

\\ here his (lad once fought t0 keep this old world trcc,

\\hcrc the poppies bloom iii Flanders by crosses,

\\' here he gave his life to give us liberty.

the

'l‘lierc are crosses now beyond the cliffs of Dover,

U11 the shores of Dicppe and in Normandy.

There's a Union jack still flying over yonder-

KRD it flyiiic over there for you and me.

The metre perhaps not as good‘ as it might be, but I think the sentimcnt is wonder- ful. I feel now, as I felt when I heard the long over the radio—that, after all that the British, Empire has meant to us for so many years, we should not be talking about a dis- tinctive national flag at this time. Why should

_ w. discard the Union jack and the Red En-

sign? They have been good enough in- the Duh They have gone wherever our soldiers, sailors and airmen have gone to fight for you Ind me. The Red Ensign has been the em- blem of protection for-our commerce on the leven’ seas; and that was the emblem flown by the transports which carried our troop: over- icas. And let us never forget that not one of those transports war lost at sea, nor was 1 ioldieiqslrman or ngvy rating lost. The trans- port: were, u we lmow, conveyed by vgflglg of the British and Canadian naviu, and luci- Awe... nayal vessels also.- gage dad generation: should be that the. Uiilon Jack con- oin! fields while we are on “ .' when we m on of experimenting with _ ~ p, threat-l

.bank statement, such as cash, money, invest-

mcntal stage, for nobody will be able to choose among the llX hundred designs-let us be sat- isfied to leave well enough alone. Whether we live in Canada or in New Zealand or in Aus- tralia orrin any other Dominion, we are proud to be part of the British Empire. Then, I say, let us stand firm by the Union Jack and the Red Ensign.

New Style Bank Statement

Indication of the strong position of Cana- dians as they enter the post-war period is shown in the I945 report of the Bank of Montreal which records deposits in its 1,400,000 accounts at a new high of $i,6i3,428,ooo, which is some $200,000,000 higher than it was one year ago.

This information is contained in the cur- rent annual report which, for the first time in Canadian banking history puts a bank state- ment into the plain language of the layman. The statement tells of the financial position of the bank, shows the bank’s assets, and illus- trates the function of the bank in the cominun- ity and in the economy of Canada as a whole. The old “liabilities” column — now ‘appropri- ately labelled “what the B. of M. owes t0 others”-—is composed mainly of the deposits which have reached the unprecedented figure of $i,6i3,428,705. In the column “Resources which the B. 0t M. has to inect its obligations" —are explanations, without the formal terms of regular batik language, of the items of a

ments, stocks, call loans, liquid resources and assets. Featured in the report is the fact that the B. of M. has more than one billion dollars invested in government bonds and other high- grade securities which have a ready market and, therefore, are described in bank parlance as “liquid resources.”

Indicating the substantial part which the bank has played in war financing, the state- ment shows that investments in government and other bonds now amount to $i,i17,6o4,0oo, or almost two-thirds of the entire resources of the bank. Other “liquid resources" include cash of $161,907,891, money which other banks owc the B. of M. totalling $124,063,250 and call loans (loans payable on demand) 0f $60,417,- I05.

Illustrations play a. prominent part in the new method oi presentation of the annual state- ment. One such illustration shows how biisi- ness firms and private citizens from the Atlan- tic to the Pacific borrow hundreds of millions of dollars every year from the bank, and how these loans-now standing at, $22o,oo0,0oo-,, facilitate the operations of the nation's com- merce and industry, speed their expansion, build employment and assist Canadians in running their personal finances. Another illustration shows how the money deposited in the bank is turning over, by being loaned out to _all kinds of Canadian enterprisers, such as farmers who use bank credit to improve their farms, bring com- fort and prosperity to agricultural commun- ities, and‘, by producing more, contribute to the welfare of the whole nation. Still another supplies the information that more than 100,- 000 individual Canadians turned to the bank during the last year for personal loans ,to meet emergencies or take advantage of opportun- ities.

p-EDITORIAL NOTES-

Gondar the last Italian stronghold in Abyssinia, surrendered unconditionally after heavy attack, this date I941.

m s ii m

Work is progressing satisfactorily 0n the I0 new houses the Provincial Government is erecting on the Mt. Edward Rd. near St.

Martha‘s home,

iiil

Today General Crerar will be receiving l Province welcome in order to say "hail and farewell" to those of his troops now on the Island. i a u W c

An advertiser received more than 40,000 re- QWSIS for a catalogue, each enclosing 1o cents, as a result cf one advertisement in Canadian

daily newspapers!

it 1h

See how well the Northumbcrland Ferries delegation was received in Ottawa. That is largely due to the strength and popularity of the Island's present representation in Parlia- ment. The different departments now know we

~

neys, game licences, windows, etc.; there were no Victory Loans or Income Tax those days. m a n a

What is being done to settle returned men on good homestead; here? Tlfe Veterans Land Act will be “doing very well" tif it settles 15,- 500 veterans in the fiscal year of 1946-47. Gor- don Murchison, director 0f the act, told the veterans committee of the Commons. He anticl- pated settlement of 6,500 veterans on full-time farms, 3,000 on provincial and Indian reserve lands and 6,000 0n small holdings, including commercial fishinfiholdinfs. I.

I

Th: Economist, London, now points out that, in nationalizing the coal mines, the Brit- ish Government will have to face the fact that coal mining is a risky business, and must ac- quire this capital "at a ris ." That, of course, simply denies the possibility of iietimnlizing any industry. As the case of the C,N.R. proves, no industry can be natiorinllzeddn this or any other country, unless the a ‘tel invent- ed in that industry is either prov or guar- anteed by the ma. Tim simply meqnrilm every nationalizedindtistry is one in which cap- ital tam no risk, but is guaranteed a certain

gtflilfl-llllhetlllqlthdooltoffllltnkplykbr.

N. tea By 71w Way

qulrlng many yeiirs. It would mean

fine CHAR tori-grown; 011437915»: .

No fewer than Ill can were ufoL an In this‘ clanlut month, which t e

uts “I'm-onto good" In Tele- [rem

l l twin -—l

Onotough b.f0r

Intern ls

Jlu school tbs kids to f0!‘- zet the g rupby they learned In the at our years. — Quebec Uhmn ole-Telegraph.

It look: u If the Chlneu nre determined to be the first people In the war and the last people out. The)’ are letting some competition from other comers of the world in the latter half of their program,- Tornnto l. .

Ordered e not, Father Moons, n young‘ Belgian priest, took a. mon ‘s temporary duty at Mens- ham, Burtornon-‘Irent, 29 years ago. He ls stlll there, reports The Inn- don Sunday Express.

If Mr. De Valera and his frleudl want Eire to be like the handle on the beer-qnug-on It, but. not in It —It ts likely that. the Empire will raise very strenuous objections. It being evident that Mr. De Valera wants to be friends, and the British

eople being monumentally toler- ant and not adverse to a btt. of In. consistency themselves, now and then, Eire will probably be allowed to tag along. Of course, some people In the Domtntons may resent slightly Mr. de Valerifs implication that they are in a position political- l similar to Ell‘€'S but that, as

udyard Kipling used to say, Is another story. ~Brantford Exposi- tor.

An Alexandria watbh maker runs the following advertisement in the Glengarry weekly News: "Partners of Glengarry: In the past you hare had to wait quite a whlle for watch repairs. If 1n the future you have to wait longer for these repairs please do not. blame us blame the present Ontario government. From Nov. 1st. In spite of t-he fact that there are few watchmakers seeking employment those watchmakers who have employment are prohibited from working more than 48 hours a week. How much cheese would be produced in Glengarry if farmers only worked 4B hours each week?"- Arnherst. News.

London-A new simple harvester of special value for small farms is being tried out, at Evesham In cen- tral England. Although it costs no more than a binder. the machine thrmhes standing corn-and pre- ltmlnsry trials over fifteen acres have shown it does the work smoothly and speedily. The corn Is guided by pronss in the front of the harvester s0 that the heads are caught In s. miniature drum, thrashed and then released. A sack. lng board at the back carries two sacks of grain. The Yorkshire Post states that apart. from the slze and cost It differs from the ordinary combine harvester In that l does not cut. corn but simply thres es it. leaving the straw standing In the flelcL-From U. K Informatlon Bulletin.

There in absolutely no Indication yet that. the atom will ever replace, for industrial purposes, the present means of deriving energy. Even If scientists were able to solve tomor. row the problem of completely con- trolling atomic energy. the question of adapting It in industrial use would be an engineering job re-

to

His

cluslo

board

The Ottawa. Bid-f my s undue Prcu)

lgLooking All“?!

The

News

_._@

tile‘ veteran back

years the

etenns ed tbs "molt h l5

has ed post-dIschn-rce rc-

n-t rdermdflndslt- o nrpblcmof

i. the at collene.

That. end the other seirmaml of

statement Y Ister Walter S. Woods on the opin- ibe presidents

lint-l

Mac sta

unI await“: the to v .v m, Kenzlc

the order come before the veter- ans committee of the Commons this week but the obwlnfl 851111" Isbes on the university uumlon already have taken To oonml once: were

finds" wItb

a v I i. be cabinet oplnion.

or ‘Iihe all warms-NO

yo; p, mule num, $80 for n mer-

rted man with only a wlfe to sub-

plane. tilmt. the nllow- for men bigger cums out

tement. that may

O

“abundantly sufflnlem.’

vlsory commlttee. Anticipated. too. last shot in conzgeratlon of

to objections by estate boards n from srranuinz land sales for veterans under the Act.

b)’

against

is the brom-

of those as handed

as bo-mibly the the is the reply urchlaim real

their. ex-

Wltihout expected fireworks, the

Land Act Itself committee

lll

W011i. bhmllllh

two weeks without sliliilflcant 0118115188 ln the N0005- ed amendments. force for some time tlirouuh ord- ers-ln-councll.

allof them Ln

The Act now joins tihe War Ser-

Accomip

l‘

an led

-t.he

from the Far

TO“! I

vice Grants Act as the first two prepared for eventual Inclusion In Canada's veterans charter.

Ministerial Defence Mtnlste this week-end to Victoria probably will be his last before Rolnd over- seas early Ln the new year.

The

trip Abbot started

by Vice-Admiral

Georize Jones. chief of the Naval Staff. Mr. Abbott ls izolnil to Vic- toria to welcome Canada's

new (inter-lo — back s

Ea .

This crulser will eventually come

ls

to the Atlantic Coast before start- ing a flag-showing expedition to shakedown her new peacetime Der- manerit crew. Uuimda ceremonial call bassa. chIeJ port of the protector- ate whose narne she bears.

Her sister shlp destined to make a to distant orn-

CBC: The first meeting of the

of

ODGII

Rovemors of the

L! scheduled

expected to

One of the Iznportant problems

0215

the

before the board will lna the power of Under

um

Havana entered into before the war international vi-as granted certain clear chan- ri-els on

be increas- ffve stations. convention by

eemeri-t Canada.

the understanding that,

they be occupied by fro-kilowatt stall

All bin flve of uicsc have been occupied by blah pow- ered stations but In

channels these five

OBC M b since the appointment of A. D. Dunton as chstnmnn In Ottawa ‘Puesday. For the first time In several years all bee nine izovemors are attend.

th

s completely new plan of generation, new machines,

power new

ls and countless thousands of

I Ind

new techniques. The St. Lawrence project has nothing to fear from the possible development of atomic power. If the opponents of the sea. way could method of fighting it. the proposal would pass Congress without

flora-Cornwall

EETACBL

no more effective

op- Standard-Free.

Wlhen the staff of the British edi-

restaurii

need! . 1118172 not worth the" colt of break-

: alt-ton

tlon of Stars and Stripes moved out of the office of The London Times after almost three years of friendly tenancy, that newspaper said a goodbye none the lass grace- ful for its inclusion 0f a character. Istlc American joke on The Times, The New York Sun reports. Mem- bers of the staff Stripes, though different style sheet, from that used by The Times, quickly felt at home; so much so. according to one story, that a member 0f the Amerclan staff was overheard street Times? Oh. yes. It's produced our building." There. at all ewnis. was printed a newspaper that rose to a circulation of 700,000 copies by August, I944, and came to its appointed and as a direct result of the vigorous qualities of Its read- ers. The tenancy In Printing House Square was but one Incident AnglmAmerlcan relations, but, like many others, was characterized by g0od_wtll and ease on both sides.

of Stars they

and followed a

In a saying,

Fleet “The In

"t

in

were hundreds of them. Thu cono- trectni- tells me:: “We're going to shift them sway at; the rota of nine a day. We cut away e bottom cor. m ner and [at jack under It. out bodil the truc . ofthem-just tp them Intn ditch hi)“

That llffl the thing

ymThen we lift. It. on to

a‘n't make any use

l0 be 1-1112?

"P. We've I07. IN) 0! thflm on

looking

outed

been broken 0ff,~|ey| Good Boule- ”. . xathout e bill, which

6 lllll- flnlera. l btnl Itlt this Jay thrush wll and sexy as loss of her

bIl

Md om A

from a

llflhof‘ of Blrclisfl jay thrush

t ct. d b!“ llh I t l5 .831? .".'ti..iir....al..i'i>.iiy nib’.

up of birds, no vs aviary. the

ed e white. when blll bud

d l starve in death. u let mi plelll. And the

recapturing or“

hydraulic bu;

is"

the stations occupying them range from one to 15 kilowatts. Some are nrlvabelv owned and some by the CBC. =

Nylons Ad—ded

(Sarina Canadian Observer)

The simple-minded would think that If there were one postwar problem susce of smooth, stream-lined solution. I1; that of supplytniz stockings. ‘Hiey would be wroniz: they would not be in touch with the facts of ltfe. While lntendlmz purchasers of nylons have not set up barricades and fouizlit In the streets. they have sta ed a reasonable facsimile of a f ball scrtmmiure whenever stocklncs were offered for sale over the counter.

In this situation. the merchants of Memphis. Tenn _ who somehow had received a shipment. of nylgng. out a full Dfllle advertisement In the paper. "'To avoid riots (riots. mlnd voul.’ they said. the rare merchandise would not be sold over the counter. customers were asked to slim an accompanying coupon and send It "m your fav- orlte store." Thus then. would be no riots. as that sort of thin: ls not tolerated In the U 8 malls

A "smooth" device. Indeed! But not "moot-Ii" enough! Hundreds some . had sneaked up in their front porch and clipped the coupon out of their DBDBIB. They wanted an-

Curiosity n; n Almon- TON Iceland

.01 lnthelkllfi GIINI nbortwnnocvloe

i. .4.

"Oilrhdflf." IOU "Y? doctor I know. "ha: saved a M

, I M mung“ ‘ltouknlgvuwililnwoto nut d‘

It was the nf discour- aaement I've heard for years. N that I haven't the utmost symb- ethv with. anyone exhausted by the Smite 0f e child's questions — mv own ulx-year-old drives me nearly frantic times.