ll ,. .- ; psaausayf 27. 19515. I mini". nivuwh it ' W i You expect eiiicient service from your neighborhood bank . . . and you get it because I banks compete with each other The men and women on your bankis staf strive to excel in banking skill, 27: friendliness and courtesy. Just as you strive in your own work. Your regular dealings with your bank are. confidential, intimate, helpful. And you can rely on your bank manager's wide PT" Annual Meeting "A St. Iiliarlos Auxiliary The annual meeting of the st. Charles' Auxiliary oi the Charlotte- town Hospital was held on January 19 with Reverend Doctor McMahon presiding. The minutes oi the last monthly and annual meetings were read and approved. The ,resident. then gave her report on the year's work. This was followed by'the treasur- er's report given by Reverend Mother Paula. 82,542.96 was raised by the Auxili- ary during 1060. not this, 32,418.68 was' given to projects approved by the Auxiliary. A bursary of 3100.00 was given to Miss Ruth Kelly, a graduate nurse, who is taking post- graduate work in operating room technique at the Jolnis Hopkins Hospital in Baltimore. At the election of officers which ensued the following slate was brought in: Honorary President, Mrs. J, J. Duiiy President. Mrs. Stephen Trainer Vice-President, Mrs. John Coady secretary. Mrs. J. A. Mullin Executive Committee: Mrs. Jos- eph Bredley. Mrs. Emil Gallant, Mrs. John Pollard, Mrs. Frank Mc- Carron. Mrs. Michael Conway, Mrs Picton Mccormack, Mrs. John Doyle, Mrs. Joseph Costello. Sick Visiting Committee: Mrs. Emeric Holland. Mrs. Walter Cur- rie, Mrs. Edward Connors, Mrs. Clifford Sheri-an. The President, the Honorary Pre- sident. Dr. McMahon, Mother Paula. and the Vice President spolze briefly to the members. Mother Paula in her remarks stated that "she just. could not get along with- out the Bt. Charles Auxiliary." The retiring President. Mrs. J. J. Duiiy, who has been a member for twenty-three years, and Presi- dent ior seventeen years, thanked the Chaplain. Reverend Mother, and all the members for their loyalty and co-operation during her years oi service. . A card party-, under the convener- ship oi Mrs. Coady was arranged for January 26. The "stems Laun- dry" project offered through the courtesy of Mr. Picton Mccorniack was explained to the members by Mrs. Picton Mcoormack. The meet- ing was adjourned with prayer. The regular monthly meeting of the st. Charles Auxiliary was held on February 14. The meeting open- ed with prayer by Reverend Mother Paula. The President, Mrs. Stephen Trainor presided. Twenty one memliers were present. The minutes of the annual meet- ing were approved as read. Mrs. Walter Currie reported for the sick visiting committee. Three mem- bers paid their dues. The regular business of the meeting followed. me 7 GUARDIAN. Cl-lARLO.'l"l'ETOWN Inflation Warning Given By ctaislior or commerce MONTREAL-If Canadians in- sist on gcrarnbling for the avail- able supply of goods and services they mi! well "bid prices up to iantastic level! with all the st- teodsnt hardships and inlustices." 'Ilhis waming is contained in I special report on inflation issued today by by the Executive Couri- cil of The Canadian Chamber of Commerce. Various. methods of comvbatii the menace are listed. ”lnilaii constitutes one oi t.he greatest. tears oi Canadians. apart from war itself," said Chairman Fred J. Cunningham of the Chambers Executive Council. "Facts brought to light in the study should serve to give Cana- dians a more intelligent under- standing of the problem and to drive home the importance of our individual roles in resisting power- i-ul inflationary" pressures." Mr. Cunningham hailed the spirit of public service which prompted a sub-committee headed by J. G. Crean of Toronto, to draw up the report adopted by the Executive Council. The report urged Canadians to realize that in spite of buoyant incomes there are going to be re- latively fewer peacetime things -to purchase. Since iiliislwas the root cause of rising prices, the problem could be solved only by "preventing eitcessive purchasing power from being spent." Direct controls didn't provide the an- swer. because iihey'do not strike at ihe root cause of inflation but only at. its symptoms. A: the same time. some con-t.-nols might be ne- cessary to allocate scarce mater- ials to the most essential uses. To iight inflation, iihe report re- commends: 1. Increased saving on the part of both individuals and- govern- me-ni. 2. Increased but fair taxation to drain off excessive purchasing power. 3. More 'eiiicien-t and greater output. 4. Restraint of credit. particular- ly for non-productive , ,osca. In tracing the causes of the present inflationary pressures, the report said that, to some extent, the 59m average increase in whole- sale prices wiiiich occurred be- tween the end of the war and mid-1950 mp. nted the in- evitable release of forces gener- ated and pent up durlris the WI! .-..-.-2-2-:-Z-Z-mm most of us knew you best and felt your influence. Endowed by na- ture with special qualifications ior such a position you were able to Hairs. loom conditions of a pc- culiarly loilaliolnry nature ex. later! in Cuiada it oughout most of the post war period. For ex- ample. capital expenditures on P1131. t, etc., generated landing power but did not im- mediately add to the over-all sup- -ply of toads on which wages and salaries could be spent. It was a constant pattern of spending power in dollars rising faster than production, and "if monetary po- liclu had been less timid. some of the upward pressure on prices would have been reduced at the source." Present deierice represent an extra p war. materials and equip- ment. coming at a time when spending power for civilian goods is already at a peak. "Unlike 1939, there is today no readily available excess productive capacity of any size. The demands of rearmament can, therefore..orily be met by re- ducing the amount available for peace-ti-me capital expansion and consumer goods. Yet people who will be make the guns aid acro- planes are going to be paid wage: at least as high as ii they were making motor ears and other peacetime equipment. As a rwult the supply of dollars in the hands of individuals, before taxation, is going to be at least as great, if not greater. than in the year past. The plain hasd trulih is that if we Canadians go scrambling for the available supply of non-war com- modities we can bid prices up to fantastic levels with all the st- iendant hardships and in:lustices." req u lremcn is demand ior CCOOOOOCC. If retirement. lreill . ST ANN! IDT II C. W.L The monthly meeting of st. Ann's, Lot as sub-division oi the C. W. L. was held on February II, with the Pruident. Mlrs. ' Murray occupying the chak. The meeting opened with pray- er by the Chaplain. Rev. George Maccormac. The minutes of 'the previousvineeting were read by the secretary. Mrs. Amos Callaghan. and adopted as read. 9 09'” 5”"'"N6 - siuw iuiims llllilVirqinia FOR 'l0ilHl6 YOUR OWN TRY 0lD VIRGIIlIA FINE (II'I'V gill! TKGIBIJIU3 Mrs. Wilts! sines. Coady, reported that the pmeeds from the card parties were very satisfactory. realizini the sum of 3374.84 to date. C... d gegd cf 0. "Thank-you" card; a letter from the Provincial Infirmary. acknowledging gifts received at Christmas; one from the Convener oi Missionaries; one from Miss Arsenault regarding the enrol- ment drive of.P. W. C. Alumini; and one from Convener of Mana- lL.I I'AUE- NINE; It was decided to send (mean dollars to 013 Indra Ililionariu. Itwasalao decided topackabox for a sick family. Ir. Maworniack congratulated the members on the nieem 6! their effects in regard to the carp. parties and eaoouraled than to keep up the good work. y The meeting was then adjourn.- ed iollowed by Benediction 0! tho Most Blessed sacrament by rr. Maocormac. I FOIIIII eii o a PCIIC a monthly income to your dependents ii you die before reaching This monthly income is doubled if you meet with death by accident. A monthly income to you in the event of your total disability through sickness accident. A monthly income to you for life at retirement. Ask for our pamphlet "Four-Fold Protection Provides". It will interest you. Confederation Li e s N - -to o v n c - Association I-no'r:c'I'Ioni OOOOOOOOlC;lOOOOOOOOOC IOIONIO v,-.4;-xx ..i. . Of This included final arrangements ,0, the Eu", Monday play. lead -without domineering and to bring out the best from each mem- ber. with admirable self-eiiace- ment you gave i---- but ei- iicient and unselfish directi to our co-operative efforts and ever set us the example of sacrifice and devotion. God blessed your work with the success our records show for which we render thanksw to Divine Providence. Now we turn to you. an ideal for women in Catholic Action. and say from grateful hearts, "Thank .you." In accordance with your wish presidential duties have been laid on other shoulders. We would be seliish not to have granted you this relief but our consolation is that you are still with us to ad- vise, counsel and spur us on. You have wom out much sole leather in works for the Auxiliary -we know your busy feet will still be tripping on many an errand for its welfare, but we trust you will allow yourself some rest and in these moments oi relaxation may this giit be oi comfort te you while reminding you of our pleasant rela- tions and of the sincere gratitude of our hearts. gr. sources of information to help you in your At the clusion oi the meeting. , business or personal financial problems. the mom: mm” W” "M w -- . , , the retired President, Mrs. J. J. ; You are always free to shop around D""y' "M W” ”"”""d W” i nice gift. hMrs. elgpressed than in er usua c rm man- among banks. That's what keeps ' them competitive. ' Branch Office: Bank of Nova Scotia Building, Charlottetown, S. W. WILLIS, Divisional Manager ner. Mrs. J. J. Duiiy Honorary President St. Charles' Auxiliary Charlottetown Hospital When on earth our Lord bewall- ed man's ingrainude. We, the members oi at. Charles' Auxiliary. would be indeed unworthy follow- ers oi that Master we serve through His sick, and oi our Christ-like kindly patron. if we neglected acknowledgement of the debt we owe you, dear Mrs. Duiiy. Across the years you served the Auxiliary in many capacities. but it was particularly as President hm. .SPONSORED BY YOUR BANK. Mir l All) i:-( '(iiVi-i ijy F 699” for Eczemas, Bails, . IIIIIVI IIIIIIII GOLD! Colds are dangerous because they lower resistance, exposing the body to more serious dlseises. At the first sign of a cold take Father John's'Medlcine ilafrlgeratlon, . which has A twofold action, soothing SALES um SERVICE Signed on behalf of st. Charles' . 0 O 3 throat irritations and helping to i-e- Auxiliary. P L g , build bodily mouth md atamim. Repairs To All Makes 311:: mm e Father John's Medicine is rich in Vitae r mine A and D--free from alcohol or T"-'3'-3 Rcmarkablc discovery A Swiss chemist, Dr. W. 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