HomeMy WebLinkAboutThe Brussels Post, 1948-1-28, Page 2Lord of Plains
Vanishing from
Western Ranges
Cowpokes, wranglers, and pr.•fc-
atonal horse hunters are going to be
looking for something else to do.
The wild horse, that had such
glorious part in developing the ee•-
tern country, is rapidly disappeatn
front the horizon. He has been har-
ried from one range to another by
rifle, trap, lariat and barked wire
until he has all but vanished, Estey
I. Reed writes in The Christian Sel.
ence Monitor.
At the start of eeeaki\Car 11,
there were 100,eloo rani -g the test
ranges of the 1l'rsr Twiny, it is
estimated there are less than fiakl.
Lots of Thrills
It teas great fen, wed, a lot of
thrills and tan r thrown in, to
hunt down the c,iid horses, Path
elderly in the tee f"re the air-
plane was death,/ int., action. The
country where they roamed was wild
and the annual: matched the terrain.
Their range ra-ai neck-. and hard
ground. As a result, their .feet were
had, and like any animal which
exists on short fo-a:ye, they had un-
equaled wind and endurance.
They could en at breakneck spend
over the worst . ountry possible.
Badger and prairie deg holes failed
to alter their gain. They went over
the rintrnces and through thick mes-
quite with the east an army tank
goes through yeueg timber. When
once caught they made ideal ani-
mals for Lgmc riders in rodeos,
When broken. they made top cow-
ponies for cattlemen.
The demand for them grew and
et•:h.oys and professional horse hun-
te•'s ivuit to ever]: Ler all they were
worth. The old e,ethed,oi rounding
them up on horseback was too slow,
so pilots were i,reught into play in
their planes,
Spotte,i by Planes
So, since the war, instead of
sharp-eyed trailers locating the herds
by following dim trails, planes flew
around until a hunch was spotted,
Then, the flier dived down to head
them toward a camouflaged corral
in a gully or box canyon, with small
arroyos leading into them. Fences,
disseised with sagebrush or grease -
wood, were built in the ravines
leading to the corral.
When a herd grazes, the lead stal-
lion stands majestically on the high-
est point, keeping an eagle eye for
invaders. When clanger comes, be
gives out with a shrill whistle that
echoes through dale and canyon, and
the whole hunch is off among jagged
crags and around the rims like so
many mountain sheep.
Run Like Wind
Although they run with the light-
ness of pronghorns, their hoofs beat
out a rhythmic staccato on the har-
dened ground or rocks. They run
through the canyons en fast it sounds
like a stiff wind blowing through
mesquite.
The history of the American wild
horse's ancestors dates back to Ara-
bia in 647 A.D. At that time, the
Arab warriors went on a rampage
throughout the Old World. In 710
they reached Spain. Some of their
fine mounts were captured by the
Spaniards, who saw the value of the
horse in warfare. They brought hint
to the New World in 1519, when
Cortez landed at Vera Cruz.
However, the American horse did
not dsecend front Cortez' animals, as
is often believed. His ancestry dates
from the years I540 to 1542, when
the daring Spanish captain, Corona-
do, paraded through what is now
New Mexico, Texas, Kansas, Okla-
homa and southern Colorado. ]t was
from the mounts he lost, when they
were stolen by Indians or wandered
from the garrisons, that the wild
horses sprang.
r
Boys Abandon the South American Way—A group of Ridley College lads from Central and
South America have been enjoying winter sports near Huntsville. At right, D. G. McLeod,
resident master in Ridlev's lower school, instructs a few of his students in the tricky art of
skiing. For many of the boys it was their first experience of a Canadian winter.
Louis, a Fighter
and a Gentleman
After that fight on a recent
Friday night, when Joe's crown
was saved by an eyelash, one of
the reporters asked Joe if he did
not still think Walcott was "a
third-rate fighter."
"No," said Joe, "I am."
Speaking about his fight against
the galloping Billy Conn, Joe
cracked, dead pan as always: "He
can run, but he can't hit."
When the Associated Press
flashed that Joe's wife was suing
him for divorce in Chicago, he was
hit harder than he ever was in
the ring, pleading that such things
were not to be joked about,
"This is no joke, Joe," Eddie
Edgar of the Press sports staff
said.
"I never heard of it" said Joe,
"and I don't know anything about
it. But, if you put anything in
the paper, will you PLEASE say
that whatever she says is right?
I don't want to hurt her feelings."
No lord of the manor could
have said it wish such quiet and
yet magnificent simplicity.
When Tony Galento went with
Joe to be weighed in at their
fight Tony took a round -house
swing at Joe's jaw. It is an old
trick of the prize -ring roughnecks
the idea being that an opponent
may be unnerved.
Joe dreamily moved his chin a
fraction of an inch.
"S'matter, bum?" howled Tony.
"Are yuh afraid?"
"I do my fighting in the ring,"
was Joe's quiet answer.
Undoubtedly
A stock exchange broker wants
to know "Who started the foolish
idea that it is dangerous to get
into tin?" Some poor fish, we
should say,
Ten Minutes
Late
Ae.GE V. HOVM's.ND
The evening was dark when at 11
o'clock Head Signalman Petersen ar-
rived at the signal box for duty.
"Evening, Hansen; Any news?"
Petersen took off his cap and coat,
"They say Sivertsen 's out."
So this was it; Sivertsen had been
his mate but Petersen had had to
report him. Sivertsen had been given
a year in jail. He had threatened to
get revenge.
"Nothing else to report, Hansen?"
"Eight cars rom the brick works,
There was no room in the freight
siding. They're on line No. 2 wait-
ing to be picked up by the early
morning freight. That means n
through trains on line No. 2,"
Hansen had gone. Petersen was
alone. Keep calm, he tolyl himself.
He lit his pipe and began to read
the paper. The night express was
due to pass at 11:27; at about 11:20
it would be signalled through from
the junction.
He raised his head to glance at
the clock and stared sideways into
the muzzle of a revolver. He felt
his sr* shrink.
Behind him caste Sivettsen's ugly
voice. "Put your hands behind you."
Petersen could feel his hands be-
ing tied to the back of the chair.
Suddenly the phone rang. Sivert-
sen lifted the receiver. "Right .. ,
all clear!" he said. The word was
that the night express was passing
the junction,
"I see you still have the had ha-
bit of parking cars on line No. 2,"
grinned Sivertsen. He switched the
main line over to line No, 2 and
lowered the signals.
Petersen shonted in terror. Si-
vertsen said: "What'•ll happen when
the fast express hits those cars?
And what'll happen to the man re-
sponsible? Perhaps you'll try to con.
vince the prosecution that you're not
guilty? That I was there with a
knife and cut you loose and ran off
with the rope the moment it hap-
pens?"
Sivertsen lighted a cigarette, "I'm
going down to see if the cars are
properly braked. Then it'll work
better."
Petersen was deathly pale. He was
speechless. "What are you glaring.
at?" sneered Sivertsen. "Want a
smoke to steady your nerves a bit;
FOR FASTER RELIEF
1>
Cold'
f1#
isjP
1947 05 NEA sCtitltOt. INC. T. AI. PEG. U. S. CAT. OFF.
"Your discipline would carry more weight, George, if you
didn't make such Silly faces when you try to scold the child 1"
quick! Use These Speclai
Double -Duty triose Drops
A little Vicks Va-tro-nol in each nos-
tril relieves head cold distress fasti
ft
And if used at first warning sniffle or
sneeze, Va-fro-not actually helps to
prevent many colds front developing.
Try itt 1?ollow directions in package.
MKS VAIRO-MPOL
is that it?" He thrust a cigarette
into Petersen's mouth, lit it and was
gone:
Petersen puffed automatically at
the cigarette. Shout for help? Use-
less, there was no one near.
Four feet away from him was
the signal lever. Move it and the
express would be saved. But he
could not move his hands. He knew
that 200 yards away two green
lights were signalling all clear. And
500 yards further on was another
signal indicating there was no dan-
ger.
11:34! Sivertsen had received the
junction's news of the express at
11:30. It would be here at 11:37.
Petersen tried to bend forward. The
rope tightened round his wrists. Now
with his cigarette he could nearly '
reach the rope across his knees.
The cigarette was half finished. He
puffed vigorously and the glow in-
creased. He pressed it against the
rope with desperate energy, drawing
deeply. He heard the faint cracking
sounds as the threads of the rope
broke. But be heard another sound
too, farther away, the whistle of the
express.
With all his might he sthetched
his knees and the rope broke. He
could stand upright and in feverish
haste he freed his hands. A glance
out of the window shoved him the
lights of the approaching train.
Dragging the chair with him he
threw himself on the signal lever
and changed it to red. But the en-
gine was already passing under it
and the engine driver noticed
nothing,
Like lightning he grabbed another
lever and charged the points to
connect rap tine main line..
Five seconds later the express pass-
ed safely by. A streak of light front
its windows marked its rou,'se
through the night.
Petersen looked at the clock.
11:371 Ten minutes late!
Then he collapsed on the chair,.
THE ROYAL BANK OF CANADA
NNUAL MEETING
Sydney G. Dobson, President, declares European recovery
most important factor in Canada's economic life, "Should
American Continent fail to provide what is necessary to
save Europe, the effect on our economy would be serious,"
Intelligent participation in Marshall Plan will be of service
to both Canada and the United States.
James Muir, General Manager, reports marked increase in com-
mercial Ioans ... public deposits again increase ... profits
improve. Royal Bank depositors now total 1,750,000,
Unique service to foreign traders provided through 71
branches in foreign countries.
The vital importance of Euro-
pean recovery to the welfare of
Canada, and the part Canada can
play in restoring Europe to eeono-
mi.- health, were stressed by Syd-
ney G. Dobson. President of The
Royal Bank of Canada, at the
bank's annual meeting. "Should the
American continent fail to provide
what is necessary to save Europe"
he said, "the effect on our economy
would be serious. I mention this
because it is not generally enough
realized that Canada depends to the
extent of 30% of her national in-
come upon export trade. In addition
it should be noted that Canada's ex+
ports to the Western European
countries in the last pre-war year
composed 47% of her total exports,
a fact which emphasizes the import-
ance of European recovery to the
maintenance of Canada's econom-
icher, aDlth,"
Mobson pointed out that
Canada had already done much to
help provide Europe with the ne-
cessities of life. Canadian exports
to Europe in 1946 had amounted
to $932 million. In the past few
years Canada had provided over
$2 billion worth of aid to Europe
in the form of loans, credits and
gifts. "However, what has been
done by Canada and other coun-
tries. has not been enough," said
lfr Dobson, "Plans are under way
which it is hoped will, in the
course of a few years, permanently
restore European economic health."
The Marshall Plan, "one of the
happiest suggestions ever made in
international relations,' and the
Geneva trade agreements last No-
vember were, be said, important
steps to world recovery. An intel-
ligent programme for North Amer-
ican partici tion in the Marshall
Plan would be of service to both
Canada and the United States,
RECORD OF ACHIEVEMENT
Canada, said Mr. Dobson, lead
been singularly blessed by Prov-
idence. Notable progress had been
made in both production and trade
during recent years. and the stand-
ards of living of the Canadian peo-
ple had shown marked gains. "Can-
ada's foreign trade," he said
'reached a new high total .in the
first ten months of 1947, ($4,435-
600,000). This was made tip of all
kinds of goods, raw and processed.
"Seventy-five years ago we ex-
ported goods to the money value
of $18 per capita; in 1946 we ex-
ported goods worth $184 per capita,
an increase of ten times. Employi
ment exceeded five million for the
first time on record in August last,
Productivity, too, is high. Can-
ada's national income increased
from $3,972 million in 1938 to $9,-
464 million in 1946. When trans-
lated into dollars of the sante value
we find the increase to be 97 per
cent, equal to an addition of $379
per person per year.
"1 find that (in dollars of the
same value) the personal income
of Canadians has .increased from
$361 per capita in 1938 to $603 in
1946. The . total personal expend-
iture on consumer goods and serv-
ices amounted to $3,714 million in
1938 and $5,926 million in 1946, an
increase of 60 per cent compared
with our population increase of 10
per cent. This increase in the
sum spent on personal consumption
goods suggests a significant rise
in ti.e standard of living."
RECIPE FOR PROSPERITY
These figures, Mr. Dobsonsaid,
were gratifying and encouraging,
but two dangers had to be faced
to maintain present prosperity.
One danger was the possibility of
economic collapse in Europe. The
other was inflation. "Price rises,"
he said, "stake it more necessary
than ever for us to measure our
real advance in dollars of constant
value. The rest of the rise in
money value is for the most part
the empty t' of inflation, When
stoney incomes are excessive re-
lative to the available supply of
goods, as they arc now, the logical
way to reduce the pressure on
prices is to increase the supply of
goods. We have the physical equip-
ment to do this, but the human
factor is needed; a competent
workmein seeking to get out of
his machine the whole production
of t hich it is capable. I believe
that what I said a'year ago still
holds true. There are still too
many people who tnalce high wages
aid plentiful leisure the greatest
ahtts of their lives; still too many
who believe that less production
and more pay per worker is a
solid bash for prosperity. This is,
of course, a fallacy. An honest
clay's work for an honest day's
pay is still a good recipe for pros-
perity, perhaps the only formula
that will insure lower prices, a
higher standard of living, and last-
ing good times for all.
"Part of our current output, of
course, is devoted to enlargement
and replacement of plant and
equipment. Necessary replace-
ments of plant must be made, and
at times expansion is essential; but
a strenuous effort must be made
to limit non -economic expansion
of construction. Much construction
is going forward now at costs so
)sigh that only continuous prosp-
erity at present levels can nlalce it
pay.
CONSERVATION NEEDED
"Canada's present prosperity,
which is spread so widely m Dogra
nation, is based upon the develop-
ment of Canada's natural resources,
"Agriculture, because it supplies
the basic need of men for food, is
of highest importance.
"This source of livelihood for
farmers and of revenue for the
country is worth preserving. It
is becomine. recognized that the
fertility of our soil is not everlast-
ing. Fortunately Canada has an
opportunity to apply measures of
consen•.r' n rather than of recla-
nnaticn, We trust not wait for
'dust bowls' to form, or for prairie
farms to be buried in sand.
"The sane need for conserva-
tion is found in our forest resour-
cl.. More than 27 per cent of
the value of our exports stens
from our forests.
"Better protection and improved
cutting practices have contributed
in recent years toward preservation
of our forest wealth, but there is
still a veru heavy annual loss from
fire and insects which should he
substantially reduced. Forest con-
s"rvation is a 'must',
"There can be no better example
of newly created wealth than that
of our mining industry. Forty
years ago the total dollar value
of our nine production in a year
was $42 million; in ten years it had
become $108 million; in the peak
year 1941, it had reached $395 mil-
lion. The mines have added to
Canada's wealth some $12 billion
since mining statistics' were first
kept.
Not much is heard in Canada
about our fisheries, although they
give employment to 85,000 persons
e• the primary and processing
branches, and the investment in
them amounts to $75 million,
"Development of hydro electric
power in the last -forty years has
been rising sharply and consistent -
1y. Our present installations, pro-
ng 1034 million horsepower,
place us second only to the United
S' :tes, in development of water
wer, and as yet only 20 per
cent of our potential power has
been developed,
FREEDOM OF ENTERPRISE
"It is only right to say at this
point that the greatest advances
in well-being for their people have
been made in countries like our
own where freedom of enterprise
has been allied to natural resour-
ces. The restrictive trade practices
of so-called 'planned' economies
deprive the world of that freedom
of development, and expansion of
business, and free interchange of
goods which alone can bring decent
living conditions on a wide scale.
"It is significant that in all the
world the only countries to which
Europe can turn for effective help
are these two democracies of
America, 'free -enterprise countries.
It is obviously not we who are
unstable, but the totalitarian coun-
tries. It is not we who are depress-
ed, but the totalitarian countries. It
is not we who are short of protluc-
tib•n of the things people need to
live, but the totalitarian countries.
"It would, however, be very
wrong to be complacent, Progress
depends upon our keeping our
freedom. n,
1
arc how mach freedom
business shall keep, and how long
it will last, depend upon our ability
to recognize, understand and meet
our obligations to the nation as
a whole, It should be our ob-
jective to show that free enterprise
is the only economic system in the
history of the world flexible
enough to change in keeping with
the needs of its people. At the
sante time it is the only economic
system in the history of the world
that has ever brought about great
stability, and advancement of the
standard •of living of the people
living tinder it,"
GENERAL 'MANAGER'S
ADDRESS
In presenting the batik's 78111
Annual Report, 91r. James Altair,
General Manager, reported that the
bank's total assets now stood at
$2,093,641,218.61 and that liquid
assets constituted 74% of the baule's
liabilities to the public,
"One feature of this year's bal-
ance sheet is the marked increase
in commercial loans in Canada."
said 911•, Muir. "This item is $126,-
138,687.47 larger than a year ago,
reflecting an experience common
to all banks, The reason for it
is the very high level of business
activity, the expansion of produc-
tion facilities, the increased volume
of goods on hand, and, of course,
the influence of higher prices, it
takes more dollars than it did a
year ago to conduct a compar-
able amount of business, As a
consequence, the amount of com-
mercial borrowings represents a
substantial . m, and 1 think 1.
say passing thatu
viewmay a rapidin ;utd large increase1donwt
bank loans with equanimity,
"The number of personal loans
made during the year continues
large. ')'hese are principally to
the $500 and under category, where,
in fact, the number of new loans
tctalled one hundred and fifty -late
thousand. When one considers
the high volume of these personal
loans from banks, plats the substan-
tial business of personal loan and
balliedcatthy.compan" ies, all at a time when
there is full employment and high
wages, the thought occurs that per-
haps a living -beyond -one's -means
policy is able ed. If so, it is tut -
Mr. Muir pointed out that there
had been an increase of $33,654,-
989. in the bank's public deposits
and that total deposits stood at
$1,934,185,849. He reported that
the number of depositors continued
to expand and now totalled over
one and three quarter million.
PROFITS
It will have been satisfactory
for you to learn that the profits
were $1,818,132.54 higher than fit
the preceding year," he said, "The
amount required for government
taxes was $2,850,000, after deduc-
tion of which there remained $5,-
874,519.48 from the year's opera-
tions, Dividends required a dis-
bursement of $2,975,0110 and dep-
reciation on bank premises anoint-
ed to $892,687,01. After providing
for all the foregoing charges, there
is a residue of $2,006,832,47 in
Profit and Loss Account, leaving
a carry -forward of $3,474,246.55."
71 BRANCHES ABROAD
The ..nportant role played by
the branches of The Royal Bank
of Canada in foreign countries in
providing facilities for foreign
traders was stressed by Mr. Muir.
"Over a long period of years
our activity in foreign countries
has been an outstanding feature of
• our service t., Canadian business.
We have expanded in keeping with
the progress of the foreign coun-
try and the development of Can-
ada's extern' 1 trade. The result
is that The Royal Bank of Can-
ada is very much integrated with
the commercial life of many na-
tions and has become for their
business men a real and attractive
symbol of Canada.
"Last year I made reference to
the unique position we occupy re-
garding our branches abroad and
I believe it bears repeating, because
it is our belief that there is no
adequate substitute for direct rep-
resentation by our own trained or-
ganization, experienced in Cana -
tan ways and fully informed by
close liaison of the needs and of-
ferings of Canadian businessmen,
"Apart from world-wide rela-
tions with banking houses, we
have seventy-one branches outside
of Canada. There is a constant flow
of information regarding market
and general conditions from these
branches to a central department
at our Bead Office in efontreal,
and similar information reaches us
from correspondents throughout the
world where v do not operate
branches of our own. This, you
will appreciate, enables us to fur-
nish a highly efficient, unmatched
and valuable service to exporting
and importing clients."
TRIBUTE TO STAFF
A warm tribute to the staff for
their splendid co-operation and ser-
vice, and devotion to the welfare
of the business in which they were
engaged was voiced by Air. Muir:
"I have reason to hope that our
personnel know of the high regard
in which they are held," he said.
"I have never come across in all
my years, of contact with other
business institutions, a staff more
earnest, more devoted to the wel-
fare of the business with which
they were associated, or more con-
scious of their important place in
the economy of the nation. A good
hanker neat be part accountant,
financier, diploiliat, lawyer and
economist, and above all he must
be a human being with the ability
to understand his fellow then. I
am proud to say that the staff of
this bank, with all these necessary
qualities, has also the spirit of
teamwork which is so essential to
happy relations, -and which counts
so much in the fine results of the
year's activity.
"The staff of the bank numbers
in excess of 10,400—more than half
of whom are women. They have
dote a splendid job thrnughnttt the
year. We are grateful to them
and commend them highly to you."
L+A
A A 11.411, t\L V.kl S.,
y Margarita
t
,,
1
I�I�
r i i111
4. IIIII!(II8
III `, �� Ar®pf ����
,�
®�
'�-u
n" • A'; ar '•c
I °'e,
\I tom.. F.
II1
IU
r d
'
I
II
B [LIN
A[3E LINCOLN
WAS YOUR
HE WAS
'1415 OWN
`"
Ya4ii;
,
WHEN
�
AGE
EARNING `"
LIVING Il I`
J
1 °,,t.,
I
Oto
<I
� f;
�
�
�i'
i
I
II "t�
YES SIR—
e' 1 AND WNEN
N WAS
�a
.1 rC
la (�
ti
��I 0111
1,, s 1
``""s.'
, 3
.sr�sh..•I,
VIII
.
II
11101IIIIIIIPnn
P�
C
nit
14E
�B i'Mt
0
,i°'''
®
.... „it
WAS
C�G�
�"+,
B
,. 6 .tri ier,
.1`:
. t.'^';ls
�' i �.•U, 1'x.1
400
,tdF
..'!
:' .: A.r
�:.'
14i
,,1