PAGE FOUR

THE GUARDIAN

Muming Dally (Founded in 1887). Authorized as Second Class Mail, Post Office Department. Ottawa,

President, hn A. Burnett; Vice-President, Wm. R Burnett; Seeya-Treun. (i. M. Burnett; Editor and Mnnlllhl Director, .I. R. Burnett; Associate Editor Frank Walker.

"The Strongest Memory is Weaker Than the Weakest Ink."

CHABDOTTETOWN. MONDAY, DECEMBER 29. 1947

- llnlnspiring

"Rrince Edward Island: net amount author- ized, nil; amount outstanding, nil." Thus reads the annual statement of accounts of the indus- trial Development Bank, a subsidiary of the Bank of Canada, for the fiscal year cndod September 20 last, which has just been issued in lavish style for the information of all and sundry. The report shows that at that date loans, investments and guarantees stood at $19,758,037 for all Can- ada, with the two Central Provinces taking b2- tween their nearly fifteen millions of this amount, and Alberta and British Columbia an- other three millions. Nova Scotia’: share was $178,400, New Brunswick's $574,180.

The l. D. B. was established by Act of Par- liament fcr the specific purpose of extending financial assistance to sound industrial enter- prises "which are unable to obtain their require- ments from other sources on reasonable terms and conditions." Well might the Saint John Telegraph Journal remark in this connecticnz

"The discouraging fact about the figures is that they indicate that the development of the. fltlantic Provinces is still lagging behind that of other regions. New Brunswick, Nova Scotia and Prince Edward island have 9.7 per cent of thc national population, but they have only received 3.7 per cent of the total loans granted by lD.B. Quebec and Ontario would both seem to have drawn more than their share, yet they are the provinces whcrc the bulk of Capadian industry is already concentrated. Apparently the opera- tions of 5.0.8. are increasing this concentration.

"ln the report there is nothing to indicate whether the low level of loans to the Atlantic region is the result of unfavorable decisions on applications from this part of the country, or our own failure to make applications, or a combina- tion of both. Such information would be inter- eating. In its absence, about all that can be said ls that our economic progress is not such as to inspire cheers."

Fina ll. S. Trlbuu

The Guardian recently received some clip- pings from an indignant reader of the Chicago Tribune, showing that that paper, owned by the notorious Colonel McCormack, is still busily en- gaged in twisting the British lion's tail. Both its news items and its editorials are strongly biased, and Canada as well as the United Kingdom comes in for its-share of misrepresentation. ln pleas- ing contrast to this unneighborly propaganda are the following comments from another American paper, the Oregon Daily Journal, of Portland, Oregon. The aarranar rs"ri'aa'aaa'"ca'riaau'. Gen- erous Record" and it was written purposely to remind U. S. readers that "we're not the only people on earth who have done or are doing any- thing for the world."

"First," says the Journal, "Canada has loan- ed Britain $1.25 billion, on much the same term: as our loan to Britain. ln addition, there has been a $100 million loan to Belgium, a $60 mil- lion loan to China, $242 million to France, $19 million to Czechoslovakia, $125 million to the Netherlands, $15 million to the Netherlands East indies, and $30 million to Norway.

"These loans (and back of them was a $1 billion outright war gift to Britain) l-otdl $1.85 billion. ln terms of relative population (Canada has about one eleventh as many people as the United States) this is the equivalent of an Arn- ericnn loan of $20.35 billion. ln terms of na- tional income (Canada's is about one fifteenth of ours) it is the equivalent of an American out- lay of $27.75 billion.

"Salas to Europe and China, under these cre- dits, have included food, reconstruction machin- ery, automotive and farm equipment, fertilizers and base metals. And considering Canada's dol- lar shortage cnd the necessity for keeping prices down, it hasn't been easy.-

"As we say, the United States is not the only country responding to the crying needs of those less fortunate. Canada has done her SlLlfE, up to the full extent of the country's capacity. No one, not even the fabulously wealthy United States, could do more."

ilnweloome Price Trend

Speaking in Toronto last week, Ontario Agriculture Minister Kennedy reminded form- crs and consumers alike that farmers are not the ones who benefit from unduly high prices. Not all farmers are willing to believe this, comments the Ottawa Journal, but the better informed among them are trying hard to convince the majority that o fcir price for high volume is bet- ter than high prices for restricted production.

A few weeks ago Mr. R. C. Smeliie, presi- dent ol the National Dairy Council of Canada, laid much the some thing when he told d gath- ering of creamery men that present high prices for butter were not in the best interests of any suction of the dairy industry. ln the case of but- ter, observed Mr. Smellie, it was high-consumer demand in the_ face of limited supplies that caused prices to rise. Because consumers wont-- ed more butter than the market was able to provide, pricek had got out of hand. This des- pite increased production. ‘

Just at present tho whole food industry is in a bewildered and more or less disorganized state. Crop failure in a large part of Eastern Canada, high consumer, demand, greatly in- creased charges for processing, packaging and handling, have all tended to increase costs. ln few instances have the farmers benefited to the

extent the increase would indicate. Consumers arc naturally resentful of the present trend, but for-ners are just as much so.

— L-‘DHORIAL NOTES ...

One advantage of the bus service through- out the Province is that the Government snow. plows are put immediately to'work after a snow storm. <

C i I i I

The past-Christmas soles ore well under way to the advantage of the canny consumer and to clear the shelves of the merchant for the next seasonal demand. '

Q i I W

Probably the only people in the world who hove been pocifists for a thousand years are the Koreans, and for almost a thousand vears their‘: has been on occupied country.

n n w I

This time Prince County has had the laugh in'the matter of weather. For the past few days vhile the eastern and central counties have been painfully digging themselves out the western WW5 llflve looked cn in good natured amuse- mcnr.

I D K U g We m yet a long way from 1-11. 14ml or _;TlVl.'1l'G.£.‘l‘lCI’[1l'lSC. Evcryonc today, farmer, trad. er, businessman and small investor, must rake inlo account what some government department is likely to do affecting his particular problems,

w w w a

Ml- C- A» 590T. Fire Marshall, pcints out in Connection Willi the tragedy at Elmsdalc, that people may draw the conclusion from our report that pouring kerosene on a fire may be safe, while gasalene r5 dangerous. Both are sources of dan- 99’. many fires cccurring annually due r0 fhg use of kerosene to kindle fires in kitchen stoves, etc.

i i I i

Slllmgi! to relate of the wealthy United Slflll-‘S of America savings and investment cap- itol are logging. lt seems from reports of bank- ers ond others that although American incomes are higher than in any other country, the rote °l_ 5P°"d'"9 '5 eqWllY high and financiers note with concern that the proportion of capitol goods l0 lflbouf rs not going up as anticipated o few years ago, but rather is decreasing.

i o t w

William Ewart Gladstone, British statesman, born this date i809; was o brilliant departmental head, a magnificent Party leader and orator, and probably the greatest parliamentarian since Pitt; in his reference to Mr. Gladstone in the House of Commons, Mr. Arthur Balfour, his lifetime political opponenhtand at the time Leader of the "W". SPORE 0i lllm 05 "the greatest member of ‘the greatest assembly the world has ever seens"

Decision by majorities is as much an expedient "5 llflllllllg b)’ 905-" . . "National injustice is the surest road to national downfall." . "Sel- fishness is the greatest curse of the world."

I t’ fl l

The Royal Commission hearing evidence on the freedom of the British Press, are hearing some home truths: The Newspaper Society os- serted the commission itself is exercising a form of suppression by hearing oral evidence in secret and by indicating it will not publish any answers against the wishes of the witnesses, The society aiso warned against too heavy reliance upon the Government press or public relations officer: "The press hos constantly to be on if; guard against this present technique, the pre- pared statement and the press conference, The tendency of this technique is on occasions to in- fluence the press to present news in the manner desired by the department."

Q I i i

Men and women who smoke cigarets have been exceptionally heavy contributors to the Fed- eral coffers while seeming to know little or noth- ing about it. A package of cigarets costs 35 cents in Ottawa. Of that 35 cents, 22.887 per cent goes to Revenue Minister McCann in Fed- eral taX, 6.171 per cent to the some man in lux- ury tax and 34.285 per cent to him in excise duty. ln the year ending lastMarch 3l,Canadion cig- arc-t smokers had paid to Ottawa for the privilege more than $90,000,000 in excise duty and a further $61,987,831 in excise taxes. The first of these figures is up about $18,000,000 in the last two years. Revenue from excise taxes has jumped $12,000,000 over the some period.

t .. ..

New Zealond butter is now being suggested as the cure of high prices (says The Letter- Review). The only defeat aver experienced by the King Government was over New Zealand but- ter, so there is slight prospect of Government buy- ing. Private traders are welcome to buy, in which case it is scarcely likely that the importa- tion of a few million pounds from New Zcaland will break the Canadian market to any extent. lf that happened, political necessity would force the Government to try to stop the process. The facts of the case ore that butter production in- creased this year by some 20 million lbs.; con- sumption by 33 million lbs. lt is hard to prove from these figures that butter prices ore too high in any real sense. When prices are too high, con- sumers reduce their buying; do not increase it.

i I i I

For better or worse, ltoly is now a duly con- stituted republic, the Constituent Assembly having approved a constitution for the Republic of Italy, thus formally ending the rule of the House of Savoy. The vote, which marked the conclusion of l7 montlrs of work on the charter, was 453 to 62, with most of the Monarchists and Nationalists casting negative ballots. Enrico de Nicola, who under the constitution becomes the first president of the Republic, told the deputies in a message that they had completed on "his- toric document" upon which "the judgment of history would be serene." De Nicola has been serving as provisional president. ltoly actually was proclaimed a Republic June 9, i946, after a plebiscite on the issue went against the Mon- archy. Thc last king, Humbert ll, subsequently

went Into exile in Portugal.

.131: kwnnomrr.

It’: not. true that “nobody loves a fut man." hook at Santa Claus- ~Strstrforcl Beacon-Herald.

Three inmates of an Eastern prison come down with measles. That's one way to ‘break out. — New Glasgow News.

To develop a good memory, don't burden 1t. ~wlth things that don't matter. That may be why so malty do not remember names. _ v13. tor-fa ‘limes.

We halo the high prices foroen on us bygreed, but. let's tall; sense. If the people are suffering, who is spending billions for luxur- ies? — Victoria. Times.

The ancient Chinese. we are bold, had no alarm clocks, but they put. a piece of grass rope between their toes and set fire to the em. of it. and the length of the ropi- determined the length of the sleep writes TDF. in The Ottawa Citizen. S0 now you know who in- vented the "hot fool."

Someone in authority should fliiikfi it. very clear that, far from Canada enduring shortages or want, we have plenty of everything that is really essential to our ex- istence and a great many other things that. do not fall within that category. "Austerity", as applied to conditions in this country, is a great. misnomer. Moreover, tourists coming here are more WElCOITN‘ than ever and wi11 find Canad- ians just as glad to receive them as they have ever been. - Brock- ville Recorder and Times.

‘For some time unofficial fore

casts have suggested that the de- velopment of the oil fields of whlcn Edmonton 15 s focal point WOlllG be “the biggest thing yet." in AI- berta, and in economic cffeus might. well become one of the Do- mlnl0n's biggest also, says The Ed- monton Joj-rlal. Not only ls the 011 comparable to the Oklahoma and Texas products but responsible geologists are now convinced, al- though they are cautious in going on record publicly, that the ivlrole area. tributary to Edmonton will prove as extensive and as produc- tive as either- the Oklahoma or Texas fields.

..Among the safest bets one could make at this writing would be a bet. that. General Charles de Gaulle, for better or for worse, ls the coming top man in French govern- ment circles. Why, then shouldn't. our government, overlook General de Gaulles peculiarities, pay due respect. to his crotchets. and treat 111m with the deference ivhich ne considers his due? We shouldn't. give him too much, of course 1i‘ and after he becomes the official headman 1n France; but it would be foolish. to snout or irritate him unnecessarily. The man ls pro- Amerlcan politically, and Europe ls so short. on pro-Americans just now that. we'll be snort-to butler up any and all of them that we can find. — Colliers.

All the talk today about u “new look" for women 1a not really so new, ‘They've tried "new looks" before. 1n fact. 1t. 1s just. a hun- dred years ago that one of the most startling 6f the “new looks" made lbs appearance. 1t all began wltn a. certain Mrs. Anny Bloomer. she herself sponsored the “new look‘, which was ten-tied "Bloomerlsm." She appeared in the streets of New York and elsewhere wearing the Bloomer 00s‘ . It. consisted of a Jacket. with close sleeves, a skirt falling. rs little below the knee, and a pair of Turkish trous- era. There was general consterna- tion and great amusement - and even a few riots. Bloomerlsm came to Montreal about. 1861. and Mon- treal's shops offered the "new look" to its customers. But the looks which this "new look" attracted were not. sufficiently flattering. and the costumes were gradually put. away. _- Montreal Gazette.

A prominent women's mlllsinc announce the graduaj disappear- ance of maids from the American home. The cause: high wages. rents, costs, taxes. The result: pea- plo will seek smaller houses. more labor-saving devices. By u curious mechanized process this brings the American housewife back to the old American virtue of self-reliance. But. self-reliance 1n s modern a- partment with help from an elec- tric dishwasher ts not. quite the sumo thing u self-reliance In a frontier cabin with help from the eldest. o! a bouncing brood. Em- erson, the prophet of self-reliance. invited is somewhat absshed maid tn eat. with the family as a sign of democratic egalitarionlsm. Since than the situation has changed, and many o mistress cream 1mm- biy into the kitchen to offer a tim- id suggestion to the maid. Now comes the mochine_ the mighty lever, with it: suggestion lo trade 1n your cook for a pressure cook- er and be undisputed mlstnss of your home. - Christian Suenco Monitor. -

on the market. Wheh the boss opens his office door I. photooeii flips a switch. The desk chortles s cheery "Good morning!" and starts briefing the old boy on hi.» appointments for the day. We fore-smell trouble there. Suppose the boas forgets to shave at home. Rather than let Miss Glut: see him wearing yesterday's 6 o'clock shadow, he rillrps in the side door. No photocell on that one. Misc Glutl, hearing-the ruor, opens the main door and right. at. he.‘ heels is big John Ball. of the Brick- Butt. specialty company. Oh. oh’ 1mm gone the photocell. “Good morning!" booms the desk in fu hearty Chippendale voice. “Well, boss, we've got a tough day ahead of us. illihl off the Butt-ho,‘ no!

some respects. 500W a WW"

A desk which talks tiacir is now.

qnnnwrrmiowrsr

Unemployment Insurance Fund

(lbrchanze)

Whatever else may be "in or Canada's unemployment lnkumnce scheme. lt u certainly operating on a sound financial basis. A Domln. ion Government return, tabled in the House last week, show; u“; on October 31, 1947. less than 8100.000 had been paid out in un- employment insurance benefits, and that. the unemployment insurance fund totalled $418,008,048 on thnt. date. In no single year have dis- bursements from the fund amount- ed to 50 per cent of the amounts Dflld in. The closest approach to this was during the fiscal year which ended rm March at. when‘ the amounts paid Into the fund totalled $98,752,294 and the dis- bgirsements aggregated $43,114.- 4.9.

It was 1n 1941 that. the Domin. ‘ion unemployment insurance plan became operative.

Receipts and payments 1n the ensuing 6 fiscal years, and for 1947-1948 up to the end of October. 1947, are set. out. 1n the subjolned table: 1941-42 1942-43 1943-44 1944-45 1015-46 1946.41 April 1 to Oct. 31. 1947 55,672,000 15,513,000

For the first; 6 years and 7 months. therefore, more than five times as much money has been contributed to the fund than has been disbursed from it. by way of relief to qualified claimants. Wlhen this fiscal year ends on March 31. 1948, receipts for the whole 12 months are expected to exceed $100,000,000 for the first time since the plan became operative. and the surplus an handwvlll be near- 1y a halt billion dollars.

27,000 716.000 1.721.000 4.066.000 31.993000 43,114,000

$43,991,000 8 70,762,000 78,038,000 82.673000 81.199000 98,752,000

Less Food To Britain

(Ottawa Journal)

1t has been apparent. for some ‘time that Canada's exports of bacon and dairy products to Brit- ain were going ‘to be considerably lower 1n 1947 than 1n 1946. How serious this decline has been is evident from a statement on Brit- 15h food imports for the first six months of the year made by A. E. Bryan, commercial counsellor for Canada in London. and Prim-Ed l" Foreign Tirade, a publication of our Department of ‘Trade and Com- merce.

In that. period Canadian bacon reaching Britain was 30 per cent less than for the same period in 1046. although this ctmtry FB- mainod the major supplier by a irride margin. Denmark increased lier contribution, but still only supplied about. one-quarter the amount Canada sent. Our exports of cheese in the same Dell“ shrank alarmlnkly: we sent about a. quarter the amount. of beef of a year ago. but managed to in. crease the amount of shell eggs by 3o per cent.

shipments for the entire year ivlll better Carlson's position‘ in

trend in Qihnrs. but. recent. happenings here do not hold out. much hope for improvement 1n 1948. A Brit,- lsh food mission was in Ottawa last week neeollflll“! 9Tb?“ “d amounts for 1948 agreements and all provincial departments of agri- culture. together wlih rflpreiemli‘ tlves of farm orizanizatlons. are to meet with Dominion Minister! 8nd officials i211: week to see Whit ti" be done.

The plain truth l5 that. nl} 011E present time the DTOSPBCl-fi l" high production of bacon. P001- try products and dairy products l“ Canada next year is not. 1000- m’ crease in feed will" 911°" h“ caused widespread resentment. among tanner-s. How baa this 1S only those who have travelled in the country and to farm rneetinlts can realize. Liquidation of stock. especially breed sows and small pigs. is going on to an alarming extent. and the poultry lllllllsl“ ls none too ha-PPY 05°“ “P” year's prOSN-VW- n l3 3M“! m take drastic action to stOP this

trend. ________.__.. srrraov TRAIN FIRRIES

swocxnoum - GP) Tl" train ferry service between Traile- bqpg in southern SWBdBH 5nd susnltz, in northern Germany. inaugurated 1n 1909 and interrupt- ed by {he wgr, (“Cy I000 resume. New ferries. capable o! e WW1 °l 20 knots. will cut the time o! the tour-hour run to three-

-we hive a. t o'clock appoint-mull? with that. fat slob, J00 Butt o! Brick-Butt. Joel's get rid of the oic‘. bore as fast. as we can, but. or. subtle about it. He's s stuffed shirt but. we need his Business . ." Wonder it o. talking desk any: “Ouen" when you kick it? -Den- ver Post.

Some Ides of tho efficiency -and the danger ~01 atomic bombs seen in the note by an expert that it. 1| possible now to make one atomic bomb, the equivalent of 2,000,000,000 tons of nigh explosives, even smaller than the blockbusters which were used in Europe during World War 11. Yet, with such knowledge in mind, there ‘still are poqrlo who talk of the inevitability of war. - Niagara. Falls Review.

Grim living conditions don't noun w prevent. the avenge Briton from telling a good story. Here's the lat.- est. one going the rounds: A steward in a plane passing over the Rouse of Parliament warned his passen- gers to secure their safely belts before lending. However, his ran- derln: of the warning oonvulned his listeners. What he actually sold Ill: “Ladies and gentlemen. you are now passing over the Labor Government. Tighten your bolts. please. - Christian Science Honi- tor.