PAGE FOUR ___

‘_'*'”"" "' ’“""—“

THE BIIARLOTTETOWII GUARDIAN

Iﬂzrnlug Daily tl-‘oundgl tn I881)

President: Lleut. col. W. Chum- B. Mel-urn Vlce-‘ﬂesident: J. B. Burnett. FJ.L Secretary: Lieut. Col. I). A. Mnclilnnnn, 0.8.0. ldltor and Managing Director: J. B. Burnett. FJJ. Annclate Editors: iYunk Walker and Inn A. Burnﬂl

SUBSCRIPTION RATES:

By Mall In KILL. $4.00 per year; $2.50 (n! I Illfllllll

$1.25 for 3 months; 50c for one month

City Delivery; $5.00 er year; $3.00 I0r B mMIl-hl $1.75 or 3 months.

By Mall ln Canada and U.S.A.

laturday Vfeekly: $2.00 per yell '

50c for 3 ntonLhi

“The Strongest lllemory is Weaker than the Weakest Ink.”

ntoxosv, 1.1x ‘any 2o, 1911.

I!!!

Mr. Gurdiuefs Felice P0315

l1 i; uow clear, ill}: 111c- Financial Purl, that the public accotiiiis co11111111tcc ot_the I"IOLl:8 01 10 i11\<\11_<_-atc ihc rctcrc11ccs 111 tl1e purchase by ivosts. '1.‘11c pur-

Llmuuons is Auditor t}1-1ur.1l's rcpoft 1'1 11W

1l(]|1_ _l_ ti, 1111:" i ucr of fcucc _ _ Chm-c, “Tu. upptc 1.11111 tn the last election. home 494,090 ‘my, “up purchased and paid tur ac-

wrding 1.1 1111- .\u1l11or lif-ucral, but only 188,000 bad becn llf'l‘.\t‘l'l‘ll 11s .11 .\l;1rcl1 31, 194p. 1)“,- pium 111 b.- 1=_\;pl;1111cd about 1111s trans-

action 1_\ \\1;1_\' 111-1111 post» \\'L'I'L‘ 1111111 101: than d‘? livervd. 12111 up. is a purclv ttruluuctical prob- lcm Tlu-it- is zmr-tls r problc111 too. Evfry flu!"- t-rs bov l\11->\\'~ 111' ir-ncc ivosts are placed R1 ‘b11114. ir1t1'\;1‘~_ ~ 111-1111: that sutticicul 1111513 \\<‘1'c iunight to 01TH ‘r1 1111C!‘ 1113-1 1111195 in 1c11;.‘.‘1l1, .'u11-.-~* 11> 1.11" .1» 1111111 Toronto to \\111- tripe".

"The 50111111511111", saw 1hr‘ Purl. "should 566k

to riiwovcr uiiy 5-‘ for :1 <1IlfJ1€j.1"11i<"11*'l<11 'l'h;u shouldn't 111*

11111cl\ {curing was required

:1 d1 1111 problc111 for the l1_ is plain that Mr. (lar-

conunittcc to 1‘='~~i‘»‘<‘- 4 rliticr posts w "e for his political tcticcs, \\'111c11 11.1w been 11.»:.11=o11<‘.\- ro~1'1_\' to the taxpayers one: since 11c 111s lltTll {n office.

Joint National Appeal

There ha; been gcucrnl co111111e11da1i011 of the dcffirlOll llflull by five uatioii-iviile orgiuiizatioiis __1]1¢ \'._\l.L'..\., Y.\\.L'..\., Knights of Colum- bus, 5111111114111 .'\1'111_v and L':111.'1di;u1 Legion —— to nuke a joint llLlUHlldl appeal for war 11111115 to carry on 1111-11" charity euicrprisus. They will operate for 1111,- purpose under the sanction of the Iliuiszer of Xaiional \\‘ar Services, and, it is understood, wi1l1 budgets approved. This calls for a clear definition of the functions of each to eliminate unnecessary overlapping. For this reason 111111 to ensure that public contribu- tions nmric in the name of charity will be used as ililctttlcrl by the givcrs, i1 has been suggested tl1at expmirliuircs of a capital nature ought to be provided from other sources. The funds be- ing 111!‘ war \\'t\l'1(, the Croverntuent itself might well tuake the needed buildings available. Tiherc is little doubt that a campaign of this nature, 51111111011111 by the (ioveriuuent and stipcrvised bv the National \\'ar Charities Board, will meet with a generous response. 1t is to be the only campaign of the sort during the year, unless an cmcrgcucy’ ariws, zuid will call for success 011 :1 large scale.

.\ further stiggcstiou is that for the purpose of obtaining maxiouuit results, a trust should be created, similar to that of the Patriotic Fund in the last war, 1o receive and disburse the funds and give an accounting to the public. Creat- ing a trust would T1111 imply any lack of confid~ once, but would be. in accord with sound busi- ‘xess methods.

A Cioiiksitruuction Year

The tremendous increase in Canada’: build- ing industry last year i; dealt with, in all its phases, in the annual review of the Daily Com- Building and other CoflslflltlllOﬂ put under way in 1940 $349,000,000, a figure $161,000,000 higher than that recorded for 1939. The incrczisc was due largely, of course, to war

mercial News and lsuilding Record.

had a total vialue of

requirements. Under the covert-rights of

Umpire Air

the

reaching from lloncton to Toronto.

miles in lvngtb bv 112 feet wide. these firl-ls is .15 square miles. lllslfllCllfiflﬂl and cost of

Othcr :11l111i11i~11';11ive, tenance Imus. The ities an additional $20,000,000.

plctcd in 1111* Illsl half of this year.

1n ailditir-n, 3;‘ 1\‘¢1_vz11 (‘tiuadian Air Force construction. Militia projects, imluding coast defence bat- teries, Ilfﬂdllllh. 111;11_':1zi11cs, military housing cen- tiaval projects will bv c11111pl1-1cd by the end of lune.

permameuf stations are under

trcs, and siort-lioiisr-s. 1111111bcrerl 80. 21

Across tlu: 11111111111011, "' soldiers’ cam s have n/

been built 1o provide ycar-round accommodab All thou- projects are in addition to the construction of new pl.'111ts and 91am pxuqpious for the manufacture of war supplies, the nature, size and location 0f which

tion for 150.000 1111-11.

are for the most part a secret.

0f the year's $340,000,000 total for all types of construction in all parts of the country, On- l‘ tariols share was $151,000,000 against $81,000, 111st 1‘¢';1r's figures for other sections, with 1030 figures in brackets, ure: Quebec, $F/1,O00JXY> ($14,000,000); Mari-

ooo for the year 1030.

time Provinces, Sznoooxxx) ($16,500,010) Prairie Proviuccs, Soatwxorm ($15.0o0.o0o\

British Columbia fiilfnoooxvx) ($1 151111.000). The gain i11 Qucbvc \\';1'~‘ largely imlustrial that in On~

tario compotuulr-d 111:1i111_v of a combimuion of i11— dustrial and public building works. and that in the Prairie region, whcrt- the increase was more than 300 pcr cent over the I930 total, chicflv building works in the form of air traitiiug 111111 other military lililllllSllllkdllﬁ.

Training Plan, construction work on too aerodromcs and airports was completed by the end of the vcar. zonorxoor) rards of earth had been moved and 170 miles of hard surfaced runways cf‘v\11plt‘l1‘tl,~—?\ 1vroj¢ct equivalent to the construction of a romhvay twenty feet wide, The han- gars on these fields xvould equal a building I44 The area of The Plan called for (>0 flying school: of all descriptions and 44 main- tbe aerodromes alone will be $171,000,000, and the school facil- Construction work on all these units will be practically c0111-

-. 125110111111 notes -

Remember your first income Tax Instalment is now due. v n- u 4r Spring coming? A pair of robins have made their appearance already in a garden at 113 Upper Prince Street. a: v1 n- Having gone below zero January has accom- plished her destiny’, and 110w, failing the cus- tontary thaw, we may anticipate more beauai- ful snow. - u n n- It is very noticeable in the official photo- graph of the Premiers at Ottawa, Mr. Hepburn, though on Mr. Mackenzie King's right is deli- berately turning his back upon him. a a n a-

Both Federal and Provincial Income Tax may be paid at the same time on the Instalmeitt Plan, the eight itistztlmcnts due and payable by the end of each month. x 1U l1 The delegation which left here for Ottawa have not fetumcd, They uiztde arraugemcilts to be away three wcclas, o why hurry back, simply lwcause the Couferciice has Collapsed? i! Y? * ‘l! ln Nova Scotia. a woman, who rims a farm and is district music tcztcher, has bccu appoint- 9d ruggrliliastcr, Now what about this province, not a few farmers’ wives are bcttcr farmers than their husbands, and certainly could improve 011 the work of the roadmastcrs. ll‘ 1i ll‘ 11K Pcrsistcut rumors of llllalllllltlllllfl of 1111111 ﬂt1~ dressed 10 Caitadiztn armed forces ovcrscas have been investigated and in each case found false, the Post Office Deparmieut amiotiuccs front Ottawa, The Dcpartiiiciu cncd an iusumce of alleged trafficking in slolsu VLLQHYUIlCS at a (.1111- adian gc-tieral llﬁ$plllll urcrw-zts. ikprobe failed to disclose any evidence of tampering. A spu- cial svstem introduced by l‘ostutztster-(iencral Muloclc provides a chcclt xtgztiust illcgzil baiulhog of 1112111. =1- w a w

Richard Le Gallieue, English poet, attthor and journalist, born this dzue, 18116. Auioug 1115 works, recognized a. sutudard and classic, are “Volumes in 1701111", "Ccorge .\l\‘\'(’fll\l\’. some Characteristics", "The look llills of Rar- 1 9155115", ‘l; 11 g 1 1 s l1 P o c 111 s ’, The Rel!- gion of Literary .\[c11’, “Robert Louis Steven,- sou, and other Poems”. “Attitudes and Avmvals . “Romance of Old France,” "The Life Romztittic". "What are my books? .\l_v friends. my loves, my Church, my tavern, and my only wealth."

=1- n- m m

The H. “liuchestcr Company of New York, acting for nine British litupire concerns 11.11116 submitted to the Utiitcd States Maritime C0111- mission a ltigh bid of $4,611,650 for the 1111f- chase of 20 vessels from the Government's laid- up fleet. No individual bidder offered to buy more than seven of the 21 vessels. 'l‘l1e United States Lines, closest rival to the Winchester Company in the bidding, offcrcd 515233.335 in!‘ five 0f the ships, and it is therefore likely the Commission will close with the British offer.

i i! I ll

Farmers of the Uuitctl Stair-s are passing up uverv vcar $15o_0oo.ooo of income that could bc realized through bcttcr management of farm woods, according to Mr. Iohu F. Preston, chief forester of the Soil Conservation Service. Ac- tual production of wood now taking place on the farm woodlands. he said, is something like two billion cubic feet a year. Forest manage- mrnt, if applied to these woods. could multiply this production by three. From the standpoint of national ecouomv, it would be good 11llFll10FF because the lumber would be the cheapest the consumer could get.

m u n u

According to recent revelations in New York Federal Court, Goering, Schacht, Gobbels and Ley, leading Nazis, have been employing a Roumanian Jew named Isidore Lazarus alias Lee Lane, to smuggle money out of (jermany t0 be placed to their credit abroad. He got re- fugees to transfer their money to him to be rc- turned on landing in foreign countries, but, as .1 matter of fact, he returned only a small poi- tion, paying the rest in the accounts of the Nazi leaders n1enti0ncd—saitl to be millions. 1v u v n-

Tbe duties of a chaplain are three-fold, Mai. Hunter of the 4th District told a service club; he must see to the discipline of the body, dis- cipline of the mind and culture of the soul of the men under his spiritual charge. Above all, a chaplain must "be a 1112111.” Fnciiig as he does suffering, privation and ilcath in the ranks of his coustitucitts, the chaplains duties are more of a burden than those of the ordinary clergy- man. The value of chaplain supervision over the recreation of the men as well as his juris- diction over their spiritual ivclfare is incalcul-

able. u u w w

Free Frenchwomrn in Britain who are eager to d0 their part in the war joined the Corps Fcmina of the De (iaulle forces, l1ave com- pleled their training and been assigned in Lou- don. The corps will have its own officers, but

111* ted‘ c 1" ' cssipa m c n usicn and lack 01f “on m regard to this matter,

P‘

f».

purposrs of the days-ls nc-w apparent even to the astonished enemy. sheltlers gFlmy with spreading fires while the bcmbs still fall. fakes off 1n fichttﬁrr HP-{hts trig desperate battles ‘n e rrgi .

51m undlﬂmtsyed sends mePmallt conducive to the best Interests of

to begin with an officer and two non-connois-

sinned officers of the similar British organiza- tion, Attxiliary Transport Service, will bc billct- cd with them to “show 111cm the ropes.” 'l'hcre will be no separate nursing unit in the Free Forces. A section of the Corps Fcmina will be organized for this work

i Ill I

- A ruling of the Department of National Rev»

enue etiablcs Canadian fur dealers ‘to import during the three mouths curling February 28 three-quarters of the total 1111111ber of furs they l imported in the corresponding ianriorl of 1939- 3 40. The 25 per cent reduction is in line with a policy designed to consvrve foreign exchange by gradual restriction of certain imports from

the United States. The present ruling applies only to tmdressed fur skins. Permits for Can- adian buyers to attend United States fur mar- kets now are being issued. The (lcpartittcut has not decided what procedure \\'ll1 be followed with regard l0 fur imports after lwbruary 28.

.._,_.THE CHARI1QTITEIQWN CFIUARDLAN. .

llllTES BY TllE WAY

A successful canner we know of does a good deal of entertaining at his time, and invariably serves samples of a number of his pro- ducts 8.5 canapes at Cocktail time. the products are all tastefully ar- rangtd on a large table, tlko smorgasbord, and guests halve l field day broswtng round sampling everyt-hltig. There is usuall a. shcck ln store for the guest. w o comes to this gentleman's house for the first ttme though. Naturally 1.110 guest. 1s unprcssed with the can- apes. Naturally he tells hi; host they are delicious. Naturntlk; the 110st is 195.5041. smiles. Then he snoo the question that puts 99 out of 100 guests back on their, M, least heels. ‘Tell me." he so s earnastly, his brow wrinkled wt concern, "what did you think of the dog 25nd?" - Business week

Toward the close of Noel Coward's “Cavalcade,” Jane Marryot. around whom the playwright has built his dramatic pageant of thirty years of English history. toasts the advent of 1930: “Ncw. thcn, let's c uple the future of English with the past of England. The glories and vlc. terles and triumphs that are ever, and the sorrows that are over, too. LeUs drink to our sons who made parts of the pattern and to our hearts that died with them. Let's drink to the spirit of gallentry and courage that made a stoazige Heaven cut of unbelievable Hell, and let's drink 1o the hope that one day this country of ours, which we love so much, will find dignity and Ermine} and peace again." It was a strange England that. Jane Mar- ryct. barn 1,: Victorian stability, 1061994 ﬂwn on that New Year's morn 1:1 1930. T116 01d virtues,

srtanded 111 a war that seemed to

havevptccltzced xiothing but. a dis- location of the whole scial fabric of t-he Wtstezn W.rld_ were being

pitrpose. It was a tragic hesitancy for all

time o of us, of false

values and cynical despair. but 1f which emerged the prtmttUs great- er tragedy. Another year has come

o a st...

izgei" Etigland st-lll. A dark-

cticd England, wa-I-Illg‘ not. for the bells t) Drcclaim the new year, but

cr the sirtn warning to death

110m the .~k.e<.; an England scarred by 111's. mourninz sons and daugh- ters lost. “by enemy action?’ an . England beset. by darker fcres and eralmm g. moye evp énight rthan rpny could once v ut . _ . 33g, n? 1);, this 5l,,,f,‘§e”E,‘,’§l,,,d of such inequalities in schoo taxes, t; my, believable hell." the spirit of gal-

wrackcd in a truly "1111.

311113’ and crurztge lives again.

What. once It. lock the eye o1 faith

o s99, beneath the almle"; er 55. lush and hectic

It. sings tn underground, wrestles

iwrcss deafn- haunfcd seas. - New York Herald

Tribune,

_The phrase "dusty answer," used yesterday by Prime Minister Win- ston Churchill to describe Premier Benito Muss._lin’.'s reply 1,0 ms message asking I1 Dom 1,0 smy out of the war. was first employed by George Meredtth, British novcl. 1st and p: 1n his work engined ‘Mcdern Irzve," published 1n 1362, The last lines of the fiftieth stanza.

rea . Ah, what 11 dtustzy answer gets the

Thundenng like ramping b.0515 9f warrior hares,

To throw that faint, thin line upon

the shore!

The phrase vuas used by R055. mond neluna-nn, English n velist, as the bile of her first novel. pub- Itshed 1n 1927, winch was a be“ seller tn Great. Britain, the 11311441 States and France. _ New york Herald-Tribune,

, 9151M"! b! K1118 George even m Peace time. is elaborate cere- monial. and time wasting formality. In the inner quadrangle of Buck. angliam Palace Trade Union leaders laughed and joked with ‘the King M!“ Qucezi fast week wihen Gecrge Gibson, chairman of Lite T,C,U,, handed tver 27 canteens, a gift from the Trade Unions Q1 the Ynvf. C.A. “Put, your hats on; it 1.1 very cold", the Queen advised the lobar leaders who surrounded her, a; a north wind whistkd across the quadrangle. v Of the Theatrical Wfirkers’ Unrons. T. O'Brien, who 15 half Irish. half Welsh, Gibs r1 told the King and Queen: “He drinks Scotch to make himself really tn- ternntzonal." Court officials casting their minds back t.» the last war could temembcr nothing like 1t. - Brittsh News-Review. - - 1

Roma officially published, and Germany repeated the story of I. “very sntnrt action" by an Italian stlbtnnrme ccmmzmder. I11 this ver- s1 11 the intrepid sailor sightrd two English vesels 1n 1m “extracrdin- nrily rough sea." One of these. "the auxiliary cruiser Baron Erskzne, of 10.000 110115912112 sank by gunfire tn 18 minutes, eluding counter-attack by the other ship. 0w‘ novat cor- respondent, supples 1v correct. ver- sion of the. glorious incident The Bmzn Erskine is an ordinary memhanf vessel of 3,675 tons, arm- ed with a small gun for sell-defence. Whm attacked by the guru-fin; from the submarine she replied with their own Elm. The action did not last, 18 minutes, but was broken off, when the submarine had fired [Ive shots without hltttnﬂ. by the assail- nnt, diving. The Baron Erskine continued htr voyage and reached harbar safely. N: doubt It was the "extraordinaril rough Sea" which caused the su» iarlne ccmmsnder to see two ships where there W85 only one. The Rome account ends with the statement that. “in roc- ecgnltlon of the solendtd BCIZOZI the c mmander and crew have been awarded a silver medal, 11w: bronze mcdals and nine nultmry crosses. -I./.~ndon Times.

arc, 1n the order s cehed: Road to Mandalay", "I

"Barber of Seville." seoond verse of the "The Star Spangled Banner“ (for Canadians we would sitgvest the second verse of "God Save the King" which pznbably not

Nelson Eddy ls qullae l singer, and he ls probably right tn saying that one 111mg the world needs plenty of Just nr/w is good songs- aarticularly f.r ba-thtuib use. He .1111: ccmpued a 11st of best songs for bathroom bellowln . Hem they “The Am the 011-plain of the Plnafore." "Veatl 1a Glubba" from Verdi's opera, "Pa-

gllwcl" cr "Figaro" from Rossmtl

PUBLIC FORUM

HUNGARIAN PABTBIDGI

Sin-One of our Public Btllrmd gentlemen In she Province dropped 1n the other day to inform me that the I-Iungarlm Partridge were suf- ferirtg for feed and wit. mm 1m‘- ttcululy grit. and he told me thwt they were feeding some 50 or 60 Hungarian Partridge. The cast was not very great, the reason bemg; that. they cleaned out the horses manger; the seeds that ao- cumulated there were carried out some little way from the buildings‘. then, 1n cleaning the coal ashes from the stove they carried those out. and put them in a. pile near the seeds, and the Hungarian Part- ridge utilized the coal ashes for

it.

I would earnestly ask the people throughout the country to do what they can to protect those birds dur- ing the time that the deep snow Ls on the ground. We have spent. con- siderable money ln having the whole Province populated with the "Buns" and l1: would be a pity to lose this Provincial asset. Therefore. I Mn asking everybody to insist In every way they can. A little wheat. if you have it to spare. will be Hp- preciated by those birds. In any case, provide the grit. There ts no way for the “Huns" to protect: them- selves while the snow 1s on the ground and while we cannot believe that any person will shoot or de- stroy them out, of season. neverthe- less we are asking anyone whens aware of such being done to notify our Department. when prosecution will take place.

Asking for your earnest. co-opera.~

I am, Str, etc“ W. H. DENNIS Minister of Agriculture.

LARGER UNITS OF SCHOOL ADMINISTRATION

Slr,_In a n y contemplated changes in our system of school administration the needs of the pupils should receive first consid-

It. is questionable, however, If our present system which rmlts

such luck of uniformity tn educa- tional o portunlties for the pupils, which. rom lack of adequate re- muneration for efficient service forces many of its best, most; am- bitious teachers to seek other enjl- ploymenf where their services will e properly appreciated. which al- lows a hit and miss method of hiring and placing teachers, which does not. supply he schools with the equipment necessary for the proper conduct of the schools, 1s

the pu-plls attending our schools. While we do nob claim that the Larger Unit; system will remove entirely these conditions. we do contend, on reliable authority, that such a system will materially re- Iieve them. and that with improv- ed schools, adequate equipment, Improved conditions for teachers, and a course of studies adapted to the growing needs of our times. our pupils will benefit immeas- urably.

One of the most marked 1m- provements In areas where the Larger Umt system was adopted 1s the increase 1n average attendance

soul _ n the schools. The reasons they Whcn hot. for certainties in this gave for this are: The general 1m- Hnjliftj! provement in the schools with the Tn 1181111‘. hints here see 111111111 ever- increased services to pupils made tnore posstble by the savings effected Moves dark as younder midnight through a more business-like ad- oceans force, ministration; a better. more-satis-

fled class of teachers placed in the schools where they can give maxi- mum service and where they can be reasonably sure of their post- flons; plus a. more healthy attitude towards education on the part of the general public. Our province lags far behind the rest 1n respect toattendance. our educational of- l1ClR1S have been ceaselessly 1:111: frultlesslv clamoring for better at- tendance. The powers that be have inserted ln the School Act com- pulsory laws to bring about. the same, but without the desired re- sult. It seems to 11s that there ls one way and one way only to guar- antee good attendance and that ts to make the school program so at- tractive and of such worth to the pupils that the parents realizing the value of the same will then be more than desirous to keep their pupils in school. In order to make this possible the first; step neces- sary will be to group our schools 1n the larger areas, and with a planned educational program ex- tending over a period of years. gradually our educational facilities will be second to none 1n the Do- mlnton.

As stated In 11 previous article the lflllmﬂll} objective in setting 11D 113F861‘ Units ls to have a num- ber of schools _ gyoupep, “together "witrrfcénftkl so so serving the Grade IX and X pupils of the area. ,In the one-room schools the pu- plls up to Grade VIII would then receive all the attention of one lﬂwhﬂ‘. This is as it should be. for 1t is almost impossible under our present system to teach ten grades effectively. and. as i110 worth 0f the teacher ls measured by her success or failure 1n nre- parlng Grade X pupils for exams. ft l; only natural 111111 Grades IX and X should receive most attention. whereas, educa- tional authorities are aszreed that the younger grades should receive moat help. Under the Larger Unit.

T0 A SCARLATTI PASSEPIED Strange little tune, so thin and rare, Ltke scents of roses of long ago. Quavertn lightly upon the strings 0f a vlol n. and i118 there

utter of delicate

Wlth l dancing

wings; ‘my ccurtlv 10v and thv uentle woe, 111v izraclous loudness and plaintive

earn

Am lost 1n the clamomtu age we know.

Anddoale like a moon tn the lurid

BY. A phantom of music. stran ely fled From ahedurtncely halls of e quiet

ea . Dawn the tong lanes of the vanished Years. Echoing tratly and far away. -Hobert Htllyer.

g c.1egesor1gs."rn 1,0 E Only With Thine Eyes," "The Pris-

one Brttlsher tn 100,000 knows), any

system there would be a chance to add to the cottrst? of studies such useful subjects 11s:

nertzun places Unit system special teachers with special much training, are travel from school to school ln the areas, teaching special stibjects 1n

8111111111 Breeders

Now Ia thr- Timno Guard

By Ilslnl the must effertlu Remedy on the market,

II wlll thoroughly lbnllsh :'I traces of worms 11nd lmnri 1| the health of vour herd.

We carrv Cattle ltemezllt-s.

@1143)? 20.1941

p

109th Annual Statement

The Bank of Nova Scotia 1

Capital Paid Up $12,000,000

PROFIT AND LOSS

Balance December 80th, 1989. . . . . Net proﬁts for the year ending

-. .--.-------.;-.=-¢ "is", LITLB _ December 81at,_ 1940, nfhr Qonfinldn and 59 a‘ Provincial taxes $1,004,027.04 and after mnlnng uppro dtlons to Con-

or a

and Doubtful

tinient Accounts out of which accounts full provision De tshnsbec-nmade.........

1.94t,aao.92 s 11.115.890.71

I Dividends Nos. 281, 282, 288, 284 at 9% per quarter. . .1 . .1. .1. . .$ lééggoopg 0f)

u-un-un-U-

Contribution to Officers‘ Pension . . . . . . , m; Written off Bank Premises. . . . . . . . . . . . . . . . 250,0()(]_()Q Balance carried forward December 81st, 194 . . . . . . a r . a ‘I,225,890_77

s s,115,§siofv'"i

General Statement c: at December 31st, 1940

LIABILITIES Capitalpaidup..........=..1--a-...--.-... 12,ooo,ooo.oo oooooooo

Reservefund.................;..u..a..1. -a..:... . , . Dividends declared and unpaid. . . . . . . . . . . . . . . . . . -. . . 361,916.79 Bfllnnttc of proﬁts, as per profit and loss account. . . . . .- . . .- . . 1,225,890.77 '“_—'_"*$ 37.557.307.56 Notes in circulation. . . . . . . . . . . . . . . . . ._. . . .. . a. .1. . i. . .$ 8,058,969.03 Deposits by and balances duo to DOIIJIHIOD Government . . . . . . . . . . . . . . . . . . . . . . ._ . .5 1L195,393.52 Deposits by and balances (I116 $0 provmcml governments . . . . . . . . . . . . . . ._. . . ._ . . . . . . . . 952,542.77 Deposits 11y the public not beanng tntarest. . $5,914,472.58 Dcposils by the public bearin interest, in- cluding interest: accrued to ate of atate- ‘ mcnt... ... ... ... ...................... 17757735537 —Z-——-———- 2G9,639,664.64 $277,698,633.67

Do osits by and balances due to other chartered banks in

umnda . . . . . . . . . . . . . . . . . . . . 3,280,734.58 Deposits by and balances due to banks and banking correc- pondents in the United Kingdom and foreign countries. . 2,594,006.35 _ _ $2aa,s7a,a74.co Accopffmccs and letters of credit outstanding‘. . .. . . . . . .. . .. . . . . . . . 1 . . . . 6,702,680.42 Liabilities to the public not included under t e foregotng heads. . . . . . . . .- . . . 818,868.98

ASSETS GoldheldinCanada . . . . . . .....|..1..¢...........|..1..$ 5.00 Suhsidiur coin held in Canada. - 435,388.15 Gold 1101 elsewhere . . . . . . . . . 2,230.67 S11b1ddiary coin held elsewhere . 1,147,608.86 Notes of Bunk of Canada. . . . . . . 7,381,318.25 Deposits with Bunk of Canada. . . . . 17,105,057 .01 Notes of other chartered banks. . . . . . . . . . . . . . . . . . . . . . . . . 246,628.05 Government and bunk notes other than Canadian... . . . . . . . 6,063,792.79 ———-—--$ a2,aa2,o2s.1s Cheque-son otherbanklv-nn"... . . . . 13,594,660,69 Due by banks and bankmg nespoudanta elsewhere than 1n Canada. . . . . . 17,632,5B2.61 _ _ _ s 6351011272113 Dominion and provincial government direct and guaranteed securities, maturing within two years, not; exceedin _market value. . . . . . . . . . . . . . ‘$9,371,039.83 Other Dominion and provincial government act and guaranteed securities notexccedingmarketsvalue . . . . . . . . . . 58,660,425.60 Canadian municipal securities, not exceeding market value . . . . . . . . . . = . . . . 11,111,525.91 Public securities other than Canadian, not exceeding market value. . 38,240.41 Other bonds, debentures and stocks, not exceeding market value... . . 11,235,985_93 Call and short (not exceeding thirty days) loans 1h Canada on stocks, lures. bonds and other securities, of a sufficient marketable valua to cover 5,052,312.25 Cnll and short; (not exceeding thirty days) loans elsewhere than in Canada on stocks, debentures, bonds and other securities, of a sufﬁcient marketable vnluotocover . . . . . . . . . . . . . . . 333,860.00 _ _ _ $2co,112,e02.01 Current loans and discounts m Canada, not olherwtse in- cluded, estimated loss provided for . . . . . . . . . . . . . . . . . . . . .$ 93,339,01G.47 Current loans and discounts elsewhere than in Canada, not otherwise included, estimaﬁed 10B! provided for. . . . . . . . . . 14,399,566.2l Loans to provincial governments. . . . 79 1

1.0.1113 u. 111191., towns, municipalities 1131i hkiibbi 2118111611 III aezsftutfss Non-current loans, estimated oss provided for. . . . . . . . . . . . . 401,583.95 sttznssavsno

Liabilities of customers under acceptances and letters of credit as per contra 6,702,680.42

Mortgages on renl estate sold by the bank. . . . . . . . . . . . . . . . . . . . . . 1 . . . . . . . 82,152.26 Bank premises, at not more than cost, less amounts written 0E . . . . . . . . 6,114,380.34 Deposit. with the Minister of Finance for the security of note circulation. . . . 449,170.88 Shares of and loans to controlled companies. . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2,350,000.00 Other assets not; included under the ' regoing heads. . . . . . . . . . . a . . s. . a. . . . 103,506.95

J. A. McLEOD, President H. D. BURNS, Assistant General Manager

Auditors’ Rvporl to the Shareholder" \\'1~ lmvn oxuiubicil (liq abovoGeuenl Staunnenf of Ijnbilitien and Asset: u M December {ﬂat 1940. and 00m rcd 1t with 1h» lumlc-I of 1111- 171110! Oﬂico und with the certiﬁed returns from the Branches. Thu Bank's lnw-ntmcnm an: (‘rub on 11111111 :1: 1111- (‘luof Ullirc and 111th; Toronto and . _ ‘ Brnuclms weru co y us at. tho cloau of Illlsinms on hcvvndirr 111st, 111111. \\ n bnvt- nhtmnrd all the, mfnrmuunnand explanation! that we have required, and in our opinion tlm lfflllsfvvttnlle nl 11m 11111111 nnich have come undr-r our 11mm: 11am barn within the wen! of tlw llnnlf. \\ r r|~|\n1t, that 1n our upimon the above utatcment discloses the true condition o the Bank and in as shown by I110 books of thi- Bunk. D M K Md: Eu ND F . c . L IA .C.A of Price, Wnterhousa n! Co. .- A. B. SHEPHERD, F

Auditors. ca. of rm, Mnrwick, Mitchell o Co.

Tonnmn, Curran/f. 14th January. 194i.

which all the Individual teache s

could not hope to be efficient. 31195513 0F “N” I

manual traln- These are but several of the -—--'— _ _ m2, m_uslc, nrt. science. home- many ways 1n which pupils would BOLTON. England ~<c P) l making, vocational training. and a benefit from Larger Units. The Bolton Corpozattott ls 1101111?!"

buskets of sand to each o1 11111;]?

000 housss and 5.003 shows "m1 ‘

tness premises 1n i110 boroilirll 1k‘ I

ggecmmon against utcendlﬂfl‘ mbs.

course ln agriculture. In with the Larger

important thin to remember fs that the establshment of Larger Units ls the lnltlal step ln a plan- ned educational nrogram.

We, are 811, 8143., IHEJ. TEACHERS’ FEDERATION.

apttludes, who require

employed to

IT DOES’N T DO TO CROW

Attention !

Against PIG WORM

MACS PIG WORM TONIC POWDER

PRICE 35o PER LB. a cumnh-te llm- 1-

But 1t is a fact that our Tobacco has been 1m

111,11?’ Bong". “Ah Sweet Mystery of l

GASSY STOMACIIS RELIEVED

Everv person who ls lronhlc with [as In the stomach and bowels should let 1; bntlle of

DR. EVANS STOMACII MIXTURE

and see how nulcklt‘ ll vvlll re- lleve all toms.

Dr. Evans Stomach Mlxtnrr taken nt meal time. not nnlv prevents III bud effects from (as, but 1t promotes the fun- ctlonal uctlvllv of the. stom- Ich assists digestion and Im- py-ove: the nnneflte. r. E 1| n

dixtresslnl lymn~

vans Btnmach Mixture old,

AT TIIE TWO MACS ONLY PRIC OTTLE.

E I151: PER B GET YOUR BOTTLE TODAY

1111a rwo '11....

149 Great George Street

the market a long, long while and 1t still keel)!

the confidence of Prince Edward Islanders.

HICKEY’S BLACK TWIST

10c Per Fig Straight EVERYWHERE IN P. E. l.

Manufactured BY

IIIGKEY 81 111011315011

TOBACCO C0. LTD, CIIARLOTTETOWIN