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HomeMy WebLinkAboutExeter Advocate, 1914-12-17, Page 7111 BANKOf MOA. fi inu�� gain 4f 'loss of $7,000,000, 'Obis si1ovrs a nett r WAR CONDITIONS REVIEWED, Mr, H. V. Meredith and Sir Frederick Williams -Taylor Speak of its Ef- fect Upon the Country. With a world -war in progress, and unprecedented conditions existing, the annual meeting of the Bank of Mont- real this week attracted more than the usual attention, for it gave an oppor- tunity for the shareholders of the 13anit and Canadians in general to hear the views of two of Canada's most oel- ebrated bankers—Mr. H. V, Meredith and Sir Frederick Williams -Taylor, awe-. Both gentlemen reviewed the situ- ation in very able fashion, and . it is interesting to note that both express- ed the view that Canada was weather - lug the storm 'with a certain degree of suecos . After pointing out the fact that the Bank had greatly strengthened its position during the year, Mr. R. V. Meredith, the President, said: "The outbreak of hostilities brought about the collapse of the whole finan- cial fabric, the closing of the bourses and a world-wide financial cataclysms. For a time, at -least, •a condition of well 'nigh. .general ., insolvency was threatened, "Britain's command of the sea was undoubtedly the chief factor in bring- ing a recovery of confidence, but great credit is due to the Government and their i able financial advisers for their bold and statesmanlike views of the situation and their prompt action in meeting the crisis, as well as to the Bank of England, for the courage an& activity v ty with -which the plans of the Government were carried out." Situation in Canada. • After giving an exceedingly in- strnctive-revieee of the world position, Mr. Meredith said of Canada that agri- culture was prosperous but a general suspension of new undertakings is ap- parent. 'At the same time he thought that as regards l unemp cy merit our position will compare favourably P b y with that t a f other countries. Mr. Meredith pointed out that for- tunately Wiles not been necessary for Canada to resort to a moratorium, and closed his remarks in the following hopeful vein:— "War and other adverse conditions are bound ' to retard our progress. A period of rest and recuperation may j, Sir Frederick Williams -Taylor, General Manager Bank of Montreal I be expected, but the future depends to a great extent.upon the spirit with which the people meet the changed conditions. 'Economy and prudence in the mat- ter of expenditure, and an earnest effort .to increase production of ex- portable articles will, in time, usher in an era of active trade and renewed prosperity." Stands Strain Well. Sir Frederick Williams -Taylor, after pointing out that the Bank of Mont- real was 97 years old, spoke of the great stability of the institution, and later reviewed Canadian conditions as a whole and by each province. Speaking of the war's effects, be said in part:— "The outstanding result has been the instantaneous stoppage of the sup- ply of British capital, to which we had become so accustomed that sight was 'too frequently lost of its importance as a: factor in the development,of the Dominion. "Money from this --source flowed to us in such inca•easing volume that during a considerable ante bellum `period it amounted in round figures to at least ast $25,000,000.per month. Cana- to t public borrowings from the Lon -1 fight 'don money market for the seven span months ending 31st July were $177,-Iput 000,000.. Since the outbreak of thel" )war• the inflow. of such capital has ceased." Our Own Resources, he wink's profits for the year were $2,496,000, compared with $2,648,000 a year ago. While this is a small fall- ing .off, it Is insignificant combated with the fine results achieved ,in forti- fying the Da,nk's positron; It is noticed, that. the Bank loaned the Dominion Government $5,000,000 during the year, acid also- loaned over $9,000,000 to cities, towns and school districts to help them over a period. that made the raising of money through debenture issues exceedingly. difficult. Another interesting item is the fact that the Bank gave the Canadian Patriotic Fund $100,000. After maidng • the usual liberal al- lowances, the Bank parries forward into next year $1,232,000, compared with $1,04¢,0(}0 the -year previous. Bank Men at Front. Not the least interesting statement made at the meeting carte in a reply Sir. Frederick Williams -Taylor .made to a motion of thanks to the staff. He said;— "We have on active service 162 fine. athletic young ,men, the best in the land, and double that number would gladly go to the frontcould they be spared, and meanwhile. hundreds more of. those on :our nominal roll are drilling. Those with thecolours will surely be a credit to Canada and this bank, and may I add that those who remain behind are foregoing their holidays and doing the extra work devolving ng upon them cheerfully and Ungrudgingly. If You Feel "Nervy." No one ,can help :feeling so at times in 'these trou'blous days, but it is quite possible to put oil the brake. as it were, and riot let the nerves run away with us. Here are a few wise hints on the subject : If people fret you, it" is not ne- cessary to be rude to them.. Try, in ste•aid , ` to ay ort• e t h m. Don't read books that irritate you. Books are plentxftil, t,at tr1`ore li t p away the offending vol tne 'and choose ,another. • If a noise at night worries you, don't let it 'continue to do so. Get upight. and ,see to:the matter atnd put it r Don't let yourself get into the habit of being bored. It is not worth while. When you feel it com- ing on, plunge ,a:t once into some ask that will take az1.1 your time nd energy. It is better to run away :from cer- ain things than let them irritate on. Such martyrdom is usually un- ecessary, and bad for you all round. • PLEASED TO RECOMMEND BABY'S OWN TABLETS Mrs. Henri Bernier, Anoelin,e, ue., writes: `;It is witch pleasure eat I recommend Baby's Own Tab- s, which I have given my little. nes for stomach and bowel trou- es, constipation, loss of sleep, and ample fevers. No =thereof young ildren should be without therm." The Tablets are guaranteed to• be e from injurious drugs and may ;given to the youngest ohild with erfec�t safety • and good results.' ey are sold by medicine dealers by mail at 25 cents a box from e Dr. Williams' Medicine Co., r'odkville, Ont. RE PRINCE AT THE. FRONT. tails An Enormous Re'sponaibility on Soine One. a t n Q let bl s- ahx fre be Th or Th B En Theca:, se of the late Prince Im- Aerial was, no doubt, in' Lord Kit- chener's mind when he expressed his opinion that the Prince of Wales had not as yet sufficient mili- tary experience to warrant him be- ing sent to the front. But, never- theless, he is now there a,s an at- tache on General French's staff: Although his Royal Highness knows a good deal about naval affairs, his experience of the junior branch of the service was, until he was at- tached to the Grenadier Guards a couple of months ago, limited to a camp or two and a few field 'days with the Oxford Iiniversity division of the 0. T., 0. But there is, no doubt that the presence of th.e heir he throne in the thick . of the ing willentail an enormous re- sibility on sortie one who, to it frankly, has been deputed to after him. Lord Chelmsford had oharge of the Prince Imperial -years ago, and came in for a. good deal of .censure when the woi'et hap- pened. This is not intended to reflect on his Royal Highness' military odpa- city. y. Ile has shown :himself a smart, keen young officer, and they think world of him in the 'Guards. One of hiefellow officers' told me the other day that he is full .of pluck. Although his p:hysique is not of the robust order, he is exceedingly wiry, and in 'the long 'route neseclhes he, has stuck to it rn,ile after anile, after sturdy and evelJ-trained Tom - .have been fpprecd to fall put. What were the.Prince s relations with his fellow undergraduates when he was at Magdalen? A few weeks ago ,the` writer was talking to one of *These young hien who knew him intimately, and asked him. "The Prince 7" he said, "Oh, one of the, best; a little shy, perhaps ; but one of the best." "Where the rain falls, sloes it ever rise again 1" inctuired the professor of chemistry, "Yes, sir." "When ?,' "In dew time." Marriage is seldom a failure if both meni•bers df the. combine at- tend strictly to business,. How to face the loss of this money and continue to expand were serious problems, Sir Frederick said we were now getting a little money from the 'States and ted:-- "It is obvious to everyone that we are cast upon our own resources, that we are on trial, and that our future development will depend in no small Ineasur e upon the 'condition in which. we emerge from, this trying ordeal. "The longer the duration pf the war, the hioi'e will the colonial props of the Empire, including Canada, suffer; but good will come out of evil, for our i some energies will be turned to the develop - I hies anent of our great natural wealth, par- e F asoulalrly ;;dour vast agricultural re� sources°; acid we can then look forward. with coefideneeto eventually emerge ing from present conditions •a wiser people, with our affairs on a healthier, more normal, and sounder basis." Big Gain in Assets. The Bank of Montreal, itself, came through the trying year with flying colours, and "its total assets are now $250,400,000 compared with $244,700,- 000 a year. ago. An interesting feature of the statement is the fact' that ` de -- posits are ey1pler htweelast e%'.Deoshitsbearing are now $154,500,000, an in- crease of $10,000,000, while non-iziter- eat;beai•ing deposits are ,$42,.600,000, a .� ' ..�• �, n q ,�; -ver � 4F• � yet y 7 And Cuticura Ointment oc- casionally. They succeed even when others fail. 'Samples Free by Mali Cutleura Soap and Ointment cord throughout the world. Liberal ook. • Address Cutteurele of each nc e. E, nonce. ted free, II.S A, FIEALTIH Prevention of a Cold. A person ;who habitually "catch cold" should have his nose a throat thoroughly examined. nasal, post nasal and accessory s uses should receive particular tention, and -any necessary ope tion should not be shunned, in der that these Parts should placed in thorough working ort Have a good supply of fresh, pu air at all times. Vitiated and co terminated air tends to infection Lowering the local resisting .powe Hot, crowded," badly-ventilat rooms, halls or theatres predispo likewise. The healthy notion of -t skin should be maintained. 4. co rub down with quick reaction is splendid prevention of colds. Clot ing should be regulated aocordin to the demands of the weather. Ju enough ,should be worn to keep on comfortably warms.- Too much clot ing conduces to infection as well a too little, Direct infection shod be carefully guarded against. Kee your distance from a, person wh sneezes• or coughs, especially i the first stages of a cold. Likewis should one infected avoid close con tact with others. Seep the mou and .nose always clean by washiti ‚them out occasionally with a goo antiseptic gargle. Fatigue, hunger mental depression and.anxiety fa vox' infection, while a happy, jovial optimistic temperament has ouch to do in preventing infection. A1E S MERIzEI) -•es nd The in. at- ra- or- be er. re n- by ed SP, be id a Clot st e h- s ld p 0 n tib g d A. Poisonous Drug Still Freely. Used. Many people are brought up to believe that tea •and coffee are ne- cessities of life, and the strong hold that the drug, caffeine, in tea and coffee has on the system makes it hard to loosen its grip even when one realizes its injurious effects. A. lady writes : "I had used cof- fee for years ; it seemed one of the necessities of life. A few months ago my health, which had been slowly failing, became more im- paired,, and I knew that unless re- lief came from some source 1 would soon be a, physical wreck. "I was weak and nervous, had sick headaches, no ambition, and felt tired of life. My husleanxd was also losing his health. He was troubled so much with indigestion that at titres he,could 'eat only a few mouthfuls. ``Finally we saw Postum adver- tised' and bought a package. ..I fol- lowed ei d' c xr ect cons for making erre•- c ' fnlly, and added cream, which turn- ed . it to the loveliest rich -looking and tasting drink I ever caw served at any table, and we have used Posture t m ever- since. "I gained five pounds in weight in as many weeks, and now feel well and strong in every respect. My headaches have gone, and I am a new woman. My husband's indi- gestion has left hire, and he cart now eat anything." Natme given by Canadian Postuan Co., Windsor, • Ont, Read "The Road to Wel lville," in pugs. Postum comes in two form's: ;; ilegular Poston --• must be well boiled. 15c and 25c packages. Instant Ll1Ostun2—is a tsolttb.le pow- der. A teaspoonful clisstolves quick- ly in a cup' of hot water a,ncl, with cream and sugar, makes a delicious beverage instilntly. 303 and 50c t ins, The cast per cup of both kinds, is about the same, "Theres a IR.cason" for ?osturn '--sold by Groeers, El), 4 Will Quickly Cure Any Sour &Iomach Relieves Fullness After Meals. "When I was working around the farm last winter, 1 had air attack of inflammation," writes Mr. E. P. Dew- kins, of Port Tticltntond, "I was weak for a long time, but well eattugh . to work until spring. Iiut something went wrong with my bowels, for I had to use salts orphysic all the time. My stomach, kept sour, and alwaysaafter eating there was pain and fullness and all the symptoms of intestinal indiges- tion. Nothing helped me until I used. Dr. Hamilton's Pills, Instead of huxd:- irlg, like other pills, they acted very mildly, and seemedte heal the bowels. I did not require large dosesto get re - suite. with. Dr, Hamilton's Pills, and feel so glad that I have found a mild yet certain remedy, To -day I axn well —no pain, no sour stomach, • a good anpetite, able to digest anything. This is a• whole lot of good for one medi- cine to do, and I can say Dr. Hamil- ton's Pills are the best pills, and my letter; I am sure, proves it." Refuse a substitute for Dr. Hamil- ton's Pills of Mp,ndrake and Butter- nut, sold in yellow boxes, 25c, All dealers, or The Catarrhozone Co., Kingston, Ont. HANDS MUST BE CLEAN. Extraordinary Preealrlions Taken by Sftrgeons Before Operations. --Most people attribute the de - •creased rate or mortality in cases of severe surgical operations to . the increased skill of the profession, to their greatly -improved instruments, and the more skilful nursingwhich is obtained in. these days. But the surgeon himself would tell you that it is almost all a matter of ab- solute cleanliness, the fact that no- thing is left undone to insure abso- lute f recto mro f m infection of any kind. This s fa ct' is emphasized iz by s ed : the extraordinary hand -washing regulations which are in force at the various hospitals. Everybody who is even remotely connected with an approaching operation is supposed to spend 20 minutes in the .a,11 -important process of wash- ing his hands. For five minutes the surgeon washes hips hands with ,soap and water, and then cleans his finger- nails. When he has done this, he spends another five minutes doing it all over again. But this is but a preparation for a third. and far more drastic ablution, for this time he must wash his hands in alcohol. He must now put his hands through a process of sterilization by soak- ing then for at least five minutes in a wash of corrosive .sublimate. By that time he may commence his duties, which mean life or death to 'some patient, with the satisfactory feeling tthat he has done his best to approach his task with clean hands. Tight Money Pinching Many Thousands more are being - squeezed by aching cornd"'whiedi can be oared quickly with Putnctmi's Corn Extractor. Being free franc Caustics, 'Putnam's is painless. 'Used succeeefutely for fety years. Use no other, 25c. at all dealers. TRE IMIGR COST OF IiILItING. $20,000 for Each of the Enemy That Opposite Army Mills. Just prior to the outbreak of the present war in Europe, Gen. Perier 1r of the Fen clr army, after an ex- haustive examination of the static tics of recent wars,arrived at the conclusion that in civilized strifes it cont a nation in the neighborhood of. $20,000 for each of the enemy that its aszny kiltl's. His studies begun with the Fran- co -Germ -an war of 1870. The actual direct- outlay of France in that strife was £2,000,000. A billion more was exp,endecl in restoring property destroyed in the war, and, as is well known, £5, 000, 000,000 were paid to Germany as indem- nity. These colossal amounts by no means sum the cost of the war. That includes the loss of trade: the crippling of industries,' pensions, and a multitude of other items, which, probably, taken together, mount high into, the billions. They are not included because they are no part of the actual outlay for .killing purposes. The records show that in the course of the war 28,600 Gernnans, all told, wereeither killed outright or mortally wounded. Each of these stands, therefore, for about $21.0 o. f the the total sum which France expended directly in the war. Killing, was can�sidera,bly. Less ex- pensive in the e Turco- t�. '. , Ii,t �sIA F n war of 1877, 'according to the figures, which ,are, it is needless to explain, 188L1 : 1—'t4. hardly a,s reliable as diose• of the former conflict. Of the Rueeiaps, 10,600 are -said to have fallen before. Ottopian bnllls, and each of these casualties involved an outlay of $15,000 by the Turk. Tihe fatalities in the war between'. Japan and Russia were very :nu-. aserous. The reeerds., : of ' japan show tdha4 no lees' than 58,000 of her soldiers fell on the battlefield,, It ,The was a 'tremendous sacrifice of life, child's but .for 'each of the, was killed apanese .who . delight. d Russia maid out $20,400, Should Gen. Perier have survived The the present colossal struggle he will doubtless pui°s�ue• lti�s study far- ther, arid very abundant materia1 will be at hand. The most ,perfect war machinery that tram has devised; is now in oPeratiOn,'urdei' the con- trol. of the most civilized nations, Offence and defence are at their very best.. Iti will be of intense in- ter'est to know what it costs to kill a soldier of the enemy under such conditions, R indeSepiltablc Luxury. "I tell you,", said foots, "there is an indeseribable sense of luxury. in lying in beet and zinging one's bell for his valet." "You've a valet !'' exclaimed Poots's friend. No," replied Foots; "but I've just got a bell." "Nerviline" Cures Cramps EstiMisery- Instantly NO REMEDY SO SPEEDY OR EFFICIENT. A real cramp cure? Yes, a real one—in a twinkling the cramp a p is dead e d o ne and the IasC squirm is over, once you get a stiff dose of Nerviline eo n the inside. This isn't mere talk it's a _solid, truthful fact. No other remedy—not a single one—will cure cramps so quickly and harmlessly as Nerviline. It hits the spot in a jiffy and saves a heap of misery, "Last Saturday night my stomach felt like an infernal 'machine," writes T. P. Granger from Hartford. "I was awakened from a sound sleep and found myself suffering the worst kind of torture. I was so doubled up I could hardly cross niy room: I had used Nerviline before for the s ame thing and took a real good dose: Once I felt the warm, soothing sensation of Nerviline in my stomach I knew I was all right. It finished the cramps —just one single dose," Sickness at • night• is rendered a nightmare of the past if Nerviline is handy. It may be earache, toothache or cramps. Nerviline in every case will cure at once and 'save calling the doctor. Nerviline is a family physi- cian• in itself. The large 50c. family size bottle, of cour'le, is most. economi- •cal. Small trial -size costs'a quarter. All dealers sell Nerviline. Indignant. Mrs.. Gibbs—John, while you're home Sunday can't you carry out the ashes and save us fifty cents for having a man do it to -morrow? Gibbs—Woman, would.:,you soon- er have me break the Sabbath than - a dollar bill? I was cured of painfuil Goitre by MIN- ARD'S LINIMENT. BAYAR.D McMULLTN. Chatham, Ont. I was cured of Inflammlation: by _MIN-. ARE'S LINIMENT. ' MRS. w.mA. JOHNSON. ' Wash, aOsal, Ont.. I was cured of FtacialNeuralgia by MUNAR.D'S LINIMENT. J. II. BAILEY. Parkdale, Ont. - Infantry Good Marksmen. The Russian 'infantry use a rifle sighted up to 3,000 paces and with a magazine capacity of Ave cart- ridges. The infantry are, on the whole, good • marksmen, . • although not so good,as the Cossack etavalry- men, who use a ,similar though shorter rifle. A WARM WINTER. June weather 'prevails in California, the ideal watering place, reached comfortably and conveniently by the Chicago and North Western Ry. Four splendid trains t daily from. the new Passenger 'Terminal, 1 Chicago. The Overland Limited—fastest train to San 1' a.ncisco•.the Los A'iigelesI Limited, three days to Land of Sunshine, tate famous San Francisco Limited and 1 the California Mail, - Rates, illustrated matter on California; and• the 1915 Expositions and .full barticu- ; lars on application to B. B. Bennett, Gen•' oral Agent, 46 Yonge,Street, Toronto, Ont. 1 a With 1 Reservation.- Ire„ dearest --would you marry a spendtheift 1" "Surely if he had- : the thrift," Mlbard's Liniment Cures Gar et Ii In Caws, • T110 Ileal '1.'hing. r .4 father wIxo'was taking his small son with him in, the train forbade him: putting his head out of the window, "The wind will blow o'ff your hat," he explained, at the. same time snatching the -boy".s hat and bitting it behind his back. The boy was much distressed over losing his hat, 50 his father said, "Now; wattle and I'll whistle it . baclt again," as he spoke putting• the hat haek on the boy's head. 'A minute later the 'boy whisked his father's ]tat off and hurled it out of the win. tow, crying gleefully, "W;hiettle it back, papa." Before giving advice prepare to strand from under, fiiinard'a Liniment Cures Colds, &a. POTTED MEATS-- Full flavored and perfectly cooked make delicious sandwiches, picnicker's choice. Everybody's favorite. • The 01ItI00.1. "Yes; I am going to run for of- fice," "Your friends seem pieiasecl," "So do my enemies; And that looks kind of ominous, don't you think?" YOUR QWN 1041116GIST WILL TELL YOU Try hila line Eye Remedy for Red, weals, Watery lles�n Eyes � at•. o aunt atrcl Eyelids; No &maxtiu ^• just 'l9ye Comfort. iVrite i'o, Boole of the Lye bymail''ree. Taurine Eye Remedy Ca.,Chicago, • Mistress—Mary, I'll make the pudding myself to -day. Cook—If ye do, mum, I'll.haveto quit. Mis- tress—Why so, Meryl Cook -The rules of our union don't allow us to wsrk in a place where non-union la- bor is employed on any .part of the work, mum. Mlnard's Liniment Cures Diphtheria. Bix—You may. depend ' upon it th atotr. t y friends won't ,forget you as long have as vonm an ey, Dix— That's right; especially if you have borrowed it from them. 3linard's Liniment Cures Distemper Humility is a virtue we all ad- mire in others. FARMS FOR SALE. H. W. oronto. OAWSON., Ninety coidorrto Street, T lIF YOU WANT TO BUY Olt SELL A, writee R,'W. bacGrain raiirnptn, Dairy 90 Cot borne SL, Toronto. H. W. DAWSON, Colborne' St., Toronto. MISCELLANEOUS, e CANCER,' Ttlholt$, LUMPS. sate, �l/ internal and extern al, cured ~vita• out pain by our borne trr,ttmeot. 1Vri"e cops befarnLimite100d•Collitali }),:-. IltOnc.limon 1fe.1teal ngsenod,' Machinery For Engine, shafting, belting, pulleys, etc. from large factory for sale. Wheelock engine, 18 by 12, eonrplete with cylinder frame, fly wheel, bear- ings,' etc., all in good condition. Shafting from one inch to three inches, pulleys thirty inches to fifty inches, belting six inches to twelve inches. Will sell entire or in part. NO REASONA1;1,E OFFER REFUSED. S. Frank Wilson & Sons, 73 Adelaide Street West, Toronto. r".7''''''."....."'47••••••.•••Clr•n. ii"1°j c'Qa Better than a Mustard Plaster OR colds in the chest or sore throats; for rheumatism or stiffness; for sprains and cramps; Capsicut "Vaseline„ brings quick relief. CAPSICUM. Trull:ow Is 1 t does all that a mustard plaster will do. Is cleaner, easier to apply, and will not blister the skin. There are many other "Vaseline" preparations—simple home remedies that should be in every family •-• Carbolated "Vaseline", an anti,• septic dressing for cuts, insect bites, etc.; White "Vaseline", to pre- vent redness and roughness of face and hands; pure "Vaseline", for piles, chilblains, etc„ • and *there Write for our new.ilitrstrated,boekr let describing their many uses:• CHESEBRO0GH NIP'G 00, (cahrtsiidawo 11180 CHMOT AVE, MONTREAL