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Clinton News Record, 1945-11-29, Page 37.7.7T"i7....7.77.7 • ...I. ,EHURSDAY, NOVEMBER, 29, 1945 oiorroN •• '1, "•.j, 1,1; The Ten Coininaridin.enth By '"PEG" Concluded •."Thou shalt not covet thy ne,ighbor's louse; thou -shalt not • covet thy neigh'bor's wife, anor his man -servant, nor his maid- servant, nor :his ox,nor his ass, nor anything that is thy neigh- bor's?' —Exodus 20:17 The Oxford dictionary gives as the meaning of the word covet—envy an- other the possession of—Do we ever do that? We must each one answer in the affirmative and what a great deal of .trouble it .subjects us to. iDet•us look back to the pioneer •days in Onta5i.o. Take for instance a young man and woman •who had chosen one another as life -partners in the old land and have set out for Canada in a sailing. 'vessel. There may have been one or two children -with thein. They travelled part way together after arriving in Canada, then the father left the mother and the little ones in safety while he continued the journey to stake out the homestead and what a job it eves! In the midst of forest land a hut was • built and the family brought to their new home. There are very few nor living who can tell of those old days. The lonelinesa and trials they went through are indescribable. In the most of cases they had chosen suit- able life partners and the lave be- tween them carried them through their ,difficulties. The log structure which they put up was a home, not merely a house. There were as a rule, no close neighbors, but there was a great deal of joy when they were able to meet at some home where they could talk over old times. That is beside the question. The idea to be brought out is that each -family was happy with what they had until they were financially able to have semething better. Do we have the game thought to- day? Many of the great grandchild- ren of those pioneers are seeking; homes for themselves. The parents say, "I do not want my son or daugh- ter to spend their .early life the way I did". They are anxious to start up in a good home. That is alright if they .can afford it. The following story carries its own moral. A young couple began their mar- ried life in very humble quarters and were exceedingly, happy. They were content with one another and with the salary which the husband brought home each week. They put a little aside for the day when sickness would overtake them. Behind it all though there was the feeling that they would like to have a larger lome and 'keep up with the friends whose acquaintance they had made. One day the husband 'came home from work with the joyful news that he had had mule a substantial raise in salary. Their immediate thought Was that they could now afford a larger house. This. was repeated twice and by this time they were badly in debt. Children .had come into their home and it took a lot to educate and 'keep them. By this time the husband knew that he could keep it un no longer and tried to tell his wife and fondly so, but they persisted that they could not lose their social standing. To drown his sorrows and trouble the husband took to drink. Through that he lost his position and eventually practically all their possessione, just silkily be- cause they coveted what they could not •afford to haVe. At what price the lesson Vas learned! We will find in our lives that the fight with temptatidn is no Sham - bottle. As we look ,about us we see many things we would like to have, but let us make it a: rule that we will never make anything a part of our lives or of our homes until we can pay for it. We so often hear of people who have bought furniture and other things, on the installment plan. Sickness or some other financial trouble has come into their lives and one day a dealer's van draws up to the house and anyone who so 'desires can see part of the household fur- niture taken away. In the majority of cases things such as that are bought in the hope that they will be able to pay for them, but would it not be better just to put aside so ranch each pay day and then when we can afford it, go and buy it out- right? Then we will know it is our own. Live as you can afford to, not as someone else does. For all we know, maybe they too have bought their things on the installment plan, but even if they have that is no rea- son why we should covet what they have. We may acquire a large amount of money or 'wealth of various kinds here, and yet, if we have not obeyed the command of Christ to be born again and to accept Him as our per- sonal Saviour, He will say to us: "Take heed, and beware, of covetousness: for a man's life consisteth not in the abundance of the things which he posses- seth." Luke 12:15. Later on in the twentieth verse of the.same chapter we have the fol- lowing' sentence: "Thou -fool, this night, thy soul shall be required of thee; then whose shall those things be, which thou hast provided?" If we persist in allowing covetous- ness to remain a part of our life, we must realize that we are sinning. The beginning of this commandment is, "Thou shah not covet," • The word "neighbour" applies to, the world stt large. The- commandment specifies, house, wife ox, ass, but it ends with "nor anything that is thy neighbor's." There is nothingleft which we have' a right to covet. If we persist in it, we, are going contrary to God's command, , and will have to stand judgment before Him. • • Every law which God has made is for our good. \One of the most outstanding in, stances of covetousness was that of. the past Chancellor of Germany,' Adolph Hitler. That man coveted the whole world and in spite of any obstacles which could be put in 'his way by his war lords he persisted in planning for war in order that his covetous mind might be satisfied. At first his fiendish efforts seemed to meet with •success, but he had planned without God, who did not intend that that a.ggressive country should rule the world. A series of reproductions of pictures of Hitler appeared in one of the city papers recently. At the beginning' of the war Hitler is shown in a very happy mood but following the "miracle" of Dunkirk there was a difference in his face, until the last ones taken showed a man who knew that he was badly defeated. He is now pre- sumed dead, but whether dead or alive he lived long enough to realize that his covetousness brought hirn nothing. ' God would not have given this tenth commandment which seems so simple had He not had a good rea- son for it. Today it seems much more badly needed than it was in the time of Moses. Had Israel kept on in her sin she would in all probability have hist her identity so God gave these Command- ments'general principles and pre - cents to Moses for their instruction Century after century they have come down to us and they apply to us jUsi as they did to the children of Israel in those days long ago. Covetousness is one of the out- standing sins of today. It applies to Mitchell Is Organized • • For Intermediate Hockey aVlitchell has organized for inter- mediate hockey with Adair Campbell as, president, Ress Wright as eecre- tory and Duke MeClocklin as •play manager. Severtil turned out at the meeting Balled for this purpose by Ed. McCormick, chairman of the „ Ldons boys end girls work committee, spossoririg • hockey there, and there is a list of 27 prifaiceits. A jevenile team has also been sel- ected •by, Pete Pigeon, manager of this group, as' follows: Goal, Bruce Chessell, Art Paris; defence, Lloyd Drummond, Dalton Snelling:, T. Kelly, Dick Mutton; forwards, Murray Mc- Gill, • 'Bob Gatenby, Bob Ilennick, Jack MeNairn, Tim Jordan, Bryan Clark and Bruce McNairn. Games will be. played on Monday nights hi Stratford until the local ice is ready. A group of midget teams is also in process of formation. all nations, as well 'as to individuals. Nations will even covet the natural industries of another country. An example of this is the atomic bomb. Much as it was needed to bring World War II to an end, we hope and pray that if and when it is given to the United Nations that it will be put to a useful purpose. In concluding these talks on the Ten Commandments let us remember that the greatest of these is,. "Thou shalt have no other gods before me." In this connection that verse John 3:30 cannot be too often repeated for it is only by making those words our very own that we can have the assurance that we can spend Eternity with our Saviour. "He that believeth on the Son hath everlasting life: and he that believeth not the ,Son shall not see life; but the wrath of God .abideth on him." "PEG" BANK. OF MONTREAL 40.,eeeeSeSe•ee,.,... 4.*OlVeee's.New ,e,,N•eeie•esWiSO.eeS.S*. ....:e....,....Anegisw4Se,eei,v,,vie,,,e • More than a million Cana- dians keep their money safe at the B of M. Each of the Bank's 1,400,000 deposit accounts is an expression of trust in this 128 -year-old institution. The money on dep sit, totalling $1,613,- 000,000, is being constantly employed for the financial needs of the nation, of busi- ness, and of citizens in every walk of life. , , •S•?,e. ••• , et.3e,a, • Business firms and private citizens from the Atlantic to the Pacific have, during the year, borrowed and repaid many millions ofdoliars from the B of M. Now standing at $220,000,000, the Bank's loans oil the wheels of com- merce and industry... speed their expansion . . . create employment , . . and help Canadians in their personal day-to-day financing. Well over one hundred thou- sand individual Canadians— plumbers and postmen, truck drivers and trainmen, doctors and dentists, business men and business women—turned to the B of M during the last twelve months for a Personal Loan when extra money was needed to take advantage of an opportunity or meet an emergency. Ninety-four pen- ple out of every hundred who asked for money got it. RESOURCES WHICH THE B of M HAS TO MEET ITS OBLIGATIONS: CASH ... The B of M has cash in its vaults and money on deposit with the Bank of Canada amounting to $ 161,907,891.42 MONEY in the 'form of notes of, cheques on, and deposits with other hanks (payable on demand or atshort notice) 124,063,250.42 INVESTMENTS: The E. of M has well over one billion dollars in- vested in high-grade government bonds and other securities, which have a ready market. The majority of them will be paid in full at early dates. Listed on the Bank's books at a figure an: greater ibex their market value, they amount to 1,117,604,062,86 STOCKS of industrial and other companies form but a small part of the Bank's holdings (actually only %a of 1% of all its invest- inents). Valued at no mare than the market Pike, they amount to . • 333,993.69 CALL LOANS: The B of M has call loans (loans payable on demand) which are well protected by quickly saleable securities These loans amount to • 60,417,105.51 QUICKLY AVAILABLE RESOURCES: The resources listed above, all of which can quickly be turned into cash, cover 139.44% of all that , the Bank owes to its depositors and others. These "quick assets" amount to • $4464,326,243.90 LOANS: During the year, millions of dollars have been loaned to business firms, to farmers, to fishermen to citizens in all walks of life, and to Provincial and Municipal Governments and School Dis- tricts. These loans now amount to BANK BUILDINGS: In hamlets, villages, towns and large cities from coast to coast the 13 of M serves its customers at 470 offices. The value of the buildings owned by the Bank, together with fur- niture and equipment, is shown on its books at . . . . . . 10,571,610.18 OTHER ASSETS: These chiefly 'represent liabilities of customers Inc commitments made by the Bank on their behalf, covering foreign and domestic trade transactions, totalling $16,895,82758. . . 20,772,125.26 220,264,341.15 TOTAL RESOURCES WHICH THE B of Id HAS TO MEET ITS OBLIGATIONS . . . . . . . . . ...... $1,715,934,320.49 MIESMERIEN-• eie,•••e '"..e,11.101,„*11•11" tavee t'ee'Va''W.V.440•.•••••e..,:i„V*". ,•'<e•sweeeke,e.:Xe." To buy seed, to market crops, to improve their fauna grain growers, cattle and poultry raisers, fruit growers and fur breeders—farmers in every line of agriculture— borrosv at the 13 of M. Money which farmers borrow not only brings comfort and pros- perity to agricultural com- 1111111121CS, but, by enabling farmers to produce more, con- tributes to the prosperity and welfare of the whole nation. itekes'eNei.e. eie.,•••,,S4 • \ ‘\\ ,.. In financing the needs of government and of business, the Bank shares heavily by investment in government and other bonds and deben- tures. Throughout the war these investments have in- creased tremendously and today they amount to well over a billion dollars. The majority of these ace gilt - edge securities, maturing at early dates, and are readily marketable. WHAT THE B of M OWES TO OTHERS: DEPOSITS: Business firms, manufacturers, merchants, farmers and private citizens, numbering well over a million, have money on deposit with the 13 of M. These deposits amount to $1,613,428,705.56 BANK NOTES: 13 of M bills in circulation, which are payable on presentation, amount to 4619,026,5e OTHER LIABILITIES: Miscellaneous items, representing maiply commitments undertaken on behalf of customers in their foreign and domestic trade transactions, totalling $16,895,827 58 17,144,653.99 TOTAL OF 'WHAT THE B of M OWES ITS DEPOSITORS AND OTHERS TO PAY ALL IT OWES, THE B of M HAS TOTAL RE- SOURCES, AS SHOWN ON THE LEFT SIDE OP THIS STATE- MENT, AMOUNTING TO 1,713,934,320.49 WHICH MEANS THAT THE B of M. HAS RESOURCES, OVER AND ABOVE WHAT IT OWES, AMOUNTING TO . $ 78,741,934.44 $10537,192,386.05 This figure of $78,741,934.44 ds made up of money subscribed by the shareholders who own the Bank and, to some extent, of profits which have from time to time been• ploughed back into the business to broaden the Bank's services. PROFITS: After making provision Inc contingencies and after pro- viding $579,84048 for depreciation of Bank premises, furniture and equipment, the B of M reports a profit for the twelve months to October 31st, 1945, of . ...... . . . . . . , $5,719,681.58 Taxes under the Income and Excess Profits Taxes Acts are estimated at 2,785,000.00 Leaving a net profit of . . . . . .. . . .... . Of this amount, shareholders (paid dividends at the rate of 60 cents a year for each $10 -share of the Bank) received or wihl receive. Thus, the net amount to be added to the balance of props frbm previous years' operations is ............$ 774,681.58 Balance in the Profit and Loss Account at October 31st, 1944, amounted to . . . . . . . . . . ... 2,413,821.32 Leaving the balance in this account at October 31st, 1945, at . . . $3,188,502.90 $2,934,681,58 2,160,00.0.00 'OiVe 4,4 • BANK' OIF MONTREAL GEORGE W. SPINNEY, President •B. C. GARDNER, General Manager WORKING WITH CANADIANS IN EVERY WALK •—• •••• •••••• 0 F 1.1 FE • SINCE 1817 • PAGE • Outstanding; News Items of the Weelc in Huron County APPEAR NOV. 29• GODERICII—Joseph Gouthro, Lon- don, and James Drennan, Ashfield, who were brought here from King- ston to face charges of breaking, entering and theft last May, at the premises of A. F. Lithgow, Goderich Township, and the cottage of Herbert Chase, Ashfield, elected trial by judge andl jury, and were remanded in custody by Magistrate A. P. Cook until November 29. They also are charged with being in possession, within the County of Middlesex, of stolen goods from both places. ' VETERAN 1IIITURNS SEAFORTH—Sgt. J. F. Planner/ has returned home from overseas. He crossed the Atlantic on the merchant- man. "Empire McAlpine." LOSES HIS KILL WINGHAM—The big thrill of bringing home his deer in the late open season hereabout was lost to Russel Farrier, of this town. Not that Russell didn't bag his quota. He did get his game and was satisfied. But he didn't bring it home. After the "kill" he did not start home immediately and to prove ownership he tied the deer to a fence. It was gone when he returned for it. Russell suspects that some less favored huntsman carried off the venison and now is probably boasting of his marksmanship. * DASHWOOD MAN FINED DASHWO OD—Christian Anderson pleaded guilty to supplying beer to minors and was fined $10 and costs or 30 days in jail. His home was declared a public place. A charge of illegal possession of beer was with- drawn. • * • NO TAX RETURNS GODERI0H—Charged with failing to make income tax returns' in 1941- 2-3, Harold McPhee and Leonard D. Watson' were fined $25 and costs each after their counsel, W. A. Suther- land, entered a plea of guilty. Ken- neth Hunter was counsel for the de- partment. PEANUT IN LUNG BLUEVALE—Mary, 22 -month-old daughter of Coun. and Mrs. John Fischer, Turnberry, had a -peanut lodge in her lung. Taken to hospital, X-ray revealed its position and doc- tors removed it, * * ZURICH MAN DEAD ZURICH-4Taines Johnston, Zurich, died in Queen Alexandra Sanatorium, London. November 22. He was the son of Ross and the late Mrs. John- ston of Blake. Surviving are a sister, Mrs. Minnie Weide, London; and one brother, Harold. Zurich. Funeral service . was held :fermi Westlake Funeral Home. Zurich on Saturday at two o'c'ocic. Interment was in Bayfield Cemetery. * OFFICERS INSTAiLLED WINGHAM — The following of- ficers of Huron Chapter No. 89, 0.E.S., have been installed: W.M.. :Mrs. Elwell Webster; W.P., Dr. 3. A. Fox; AM.. Miss Dorothy Deans; A.P., Thomas Gilmour; secretary, Mrs. T. A. Currie; treapurer, Mrs. W. C. Adams; conductress, Mrs. G. L. Dun- lop; associate conductress. Mrs. E. Hermitage; chaplain, Miss Lima Harrison; marshal, Miss Lois Adams: organist, Mrs. W. W. Currie; Adah, Mrs. Thomas Henderson; Ruth, Illiss Frances Powell: Esther, Mrs. W. Murray; •Martha, Miss Edna Carr; Electa. Mrs. Percy Stainton; warder. Mrs. W. Beattie; sentinel, Mrs. K. M. McLennan. • LARGE FUNERAL DASHWOoD -- One of the most largely attended funerals of this district took place Monday morning for Joseph Charles Cantin, 19 -year- old son of Mr. and Mrs. Napoleon Cantin, of St. .Toseph. • First class seaman of the IT.S..Navy, the young man was accidentally killed on his ship, the James O'Hara, after (toot- ing, in Sam Francisco harbor by fal- ling into an open hatchway. The body was escorted from San Francisco to his home by ,Seeman Manuel Valle, a close friend. * * * APPEAL ALLOWED GU/ERICH — The National War Labor Board has allowed an appeal by Purity Flour Mills, Ltd., from a decision of the Ontario Regional War Labor Board directing it to pay a premium, of five cents an hour for all its employee members of the Federal Union No. 23736 employed on the shift starting at midnight at its plant here. The national board found that wage rates paid to midnight shift workers already contained a premium of two cents an hour over the rates for day workers. SUCCESSFUL ANNIVERSARY DUNGANNON—Dungannon Unit- ed Church held anniversary services Sunday, with large congregations at both services. Crewe United Chinch ;and St. Andrew's United Church, Port :Albert, sister congregations in the• three -charge circuit, withdrew their. services for the day. Rev. Duncan McTavish, D.D., London, president of London Conference, United Church. of Canada, was guest speaker. * * AIRMEN WIN DEC BRUSSELS — Air force officers from Brussels and Grand Bend are included in a group citation which accompanies the award of the Dis- tinguished Flying 'Cross to six West- ern Ontario fliers. Flt. Lt. RI L. Black, son of Mrs. M. C. Black. Brus- sels, and Sqdn. Ldr. A. A. Bossen- berry, son of B. Bossenberry, Grand Bend, are included in the citation. * * COUPLE HONORED McKILLOP — A .large group of neighbors and friends assembled at the home of Mr. and Mrs. William J. Manley, McKillop Township, on Fri- day night in honor of Stephen Manley and Miss Olive Petrie, London, whose marriage took place Saturday in Lon- don. An address was read by Stephen Murray and •presentation of a pair of wool blankets .and a chenille spread' was made by Joseph McLaughlin. NAMED SUPERINTENDENT OUNGANNON--Benson Pentland, formerly a squadron leader in the RCAF, has been appointed assistant superintendent of vocational training in -the Department of Veterans' Af- fairs, with headquarters at Ottawa. Mr. Pentland is the son of Mrs. A. B. Pentland and the late Alexander. Pentland end was raised here. * * TURNBERRY BOARD BLUEVALE — Election for two Turnberry area school trustees will be held in the community hall, Decem- ber 3. Three are in the running: Isaac Wright, A. D. Smith and David Eadie. HONOR BASEBALL TEAM GODERIOH—Goderich Lions Club were Mists to their juvenile baseball team. winners of the W. O. A. A. championship. at the annual baseball night. Guy Emmerson, chairman o' the, boys and girls committee, had a ' cli'rge of the affair, 7V14.V.GettIttitent=tt1e1Ktatatteratrgatatra6tevettteaMietttriiZZOGSZKVCK10-1VC-17.3000" Toiletries By Hudnut YANKY, CLOVER, GEMEY, VIOLET SEC THREE FLOWERS PERFUMES — COLOGNES -2.• BATH POWDER • in Fancy Gift Boxes $1.80 — $2.25 — $2.50 — $3.00 $3.50 — $4.15 — $5.00 $7.50' F. B. PENNEBAKER. PHONE 14 DRUGGIST UNIQUE PHOTO SERVICE 120Orrima*ariz:trzzItorDariMOIDMiDainftzitgataDttariZI-Mboombli9. NieAilneftenuinisvestralettelie E..1EISMeMta' tatfilE2E-SEMEtiltatnnEtarro. CONNELL el TYNDALL CLINTON'S LEADING MEAT MARKET ril#2 Please order your Christ- mas Fowl now Suet' on hand now, whole or chopped for Christ- mas Pudding We have some nice Ducks in stock now Choice Lamb and Veal for the Weekend We are in the market for Gee,* and Turkeys • for Christmas Best Prices Paid for Leer Skins VaralarA MGM •