Zurich Herald, 1938-06-16, Page 6Take Over
Bank of ana
Federal Government Is Paying
To Shareholders the Average
1938 Value
,The government will take over
complete ownership of the Bank of
Canada by legislation this session,
Prime Minister Mackenzie King an-
nounced in the House of Commons
last week.
Shares outstanding in the hands
of. the publie will be te acquiredaverageby
the government a -
price at which they have sold on
the market during 193S.
Shares outstanding number 100,-
000 with a par valve of $50 each.
an50pe
i E1rcent.nt already of the H
s more
thanpital
stock which was issued inahe enor in
of new capital by
1936.
When the Bank of Canada was
estnblislied as Canada's Central
Bank in 1935 all the capital stock
was privately owned. It was sold
by subscription at the par value of
$50 per share and since then has
sold on the market at prices
slightly higher. Now 59 is bid for
the stock without any sales.
Would Notify
Of Blizzards
John Patterson, director of the
Meteorological Service of ' anada,
said last we( •- that perhaps "in a
year or so" it would be possible for
the service to broadcast storm
warnings to Alberta ranchers and
cattlemen in time for them to re-
move their herds to places of shel-
ter.
But under exist ic!: ' ms. Mr.
Pati.- Ion said, weather observers
"couldn't tell 'he intensity of a
storm until it was too late for a
warning." The ruged nature of
the mountainous country where
mos' of Albe•':a's blizzards are
brewed makes it difficult for the
weetliernran +) forecast conditions
accurately.
Plan Storm Signets
Mr. Patterson was commenting
upon proposals advanced in Cal-
gary by Jack Byers, manager of the
Westei S•- -'- Growers' Associa-
tion, to have weatl' bureaux co-
operate with radio broadcasters so
that storm warning could be given
• • early as posse rte. in advance of
a coming disturbance. Such sig-
nals would be given at any time of
the day or night.
1
t\IEWhI FR:y TERP'ETE
A Commentary
On the More Important Events
of the Week.
By ELIZABETH EEDY
UNEXPLORED MARKET: Be-
lieving Canada to be a land rich
with possibilities beyond dreaming
as a market for his wares, a gas -
mask salesman has arrived here
from the British Isles. Delirious
with delight, we imagine he is,
at the opportunity of working in
a field so fertile, hitherto unex-
plored. 11,000,000 potential cus-
tomers .... oh boy!
"There is a growing feeling
Among a lot of people that they'd
like to own a good gas mask, and
that is why we are selling them,"
he declared on disembarking at
Montreal.
You don't think his sales ram-
paign will go over big? Wait a
while and see. Gas -mask manu-
facturers, you know, have -ways of
creating a demand for their goods.
HUNGARY'S POSITION: Hun-
gary's new "strong man" prem-
ier, Bela Imredi, has announced
that Hungary is drawing closer to
the Rome -Berlin axis of Adolf
Hitler and Benito Mussolini. "Our
relations with Germany," he says,
"are growing more intimate."
Bordered on the west of Aus-
tria, on the north by Czechoslo-
vakia, Hungary is in a strategic
position, indeed. If the country
were to fall in with Hitler's plans,
go completely Nazi and become
part of Greater Germany, Czecho-
slovakia would be still further
islancled in the middle of Europe.
Inside Hungary's Fascist Gov-
ernment there is an active element
demanding return of territory
lost in the post-war treaties.
Should Germany agree to satisfy
that demand, Hungary would be
deaf forever to any pleas the
democracies might advance.
Definitis n Of
"Honor" Needed
For Women Who Have De-
parted From Their Wedding
'Ceremony Vows.
Wives promise at the altar to
honor their husbands, but it seems
a great many of them haven't the
slightest notion what the word
means, says Ruth Millett.
Take a look at the wives you
know and count some of the ex-
amples.
xamples.
Next door is awomau who tells
everyone how much she "gave up"
for marriage. Sighs because her
fine education is "going to waste."
In your crowd there's May, who
as regularly as bridge is played
apologizes for "Harry's dumbness"
and holds a post mortem every
time he plays a hand.
Always Complaining
Then there is Marge who is al-
ways complaining to her family
about Bob. Every bit of hard luck
that comes along is Bob's fault. She
lets her family comfort her for the
"cross" she has to bear.
Among your friends there is prob-
ably more than one wife who looks
as smart and carefully groomed as
a debutante when she goes out, but
who goes around the house when
slie is alone with her husband with
her hair rolled up on curlers, and
-wearing shoes run down at the
heels, and hose full of runs. If a
knock should sound on the door,
elle would leave the living room in
a hurry—for fear a friend might
see her as she looks day after clay
to her husband.
The Might Have -Beeps
Then there is the wife who talks
about the "might -have -beans" in her
life and wonders aloud if she might
not have been better off if she had
married Sid or Joe. Both are very
successful, of course. Or she
wouldn't wonder out loud,
And you probably know a career
woman who lets you see that her
°Bitten is mor important than
er husband's. And who makes her
husband realize it, too.
---
Husky Officer
of prolonging hostilities toward
Japan, but we are putting forth
every effort to end this current
conflict. There are still two years
left before the opening of the
XIIth Olympic Games and we be-
lieve that by that time the con-
flict will be ended. With this fact
in mind we are preparing for the
XIIth Olympic Games in order to
assure a successful celebration in
1940, which coincides with the
2600th anniversary of the Japan-
ese nation. It is a wonderful op-
portunity to reveal the true as-
pect of our nation to the youth of
the world and it is altogether
proper that ample support should
be given for the preparation of
the XIIth Olympic Gaines Tokyo,
1940."
BLAME THE OTHER FELLOW:
The Rome correspondent of the
New York Times hi a despatch
dated May 18 said of Mussolini's
part in the Spanish war: "En-
gaged as he is to the British, the
Duce cannot openly begin sending
reinforcements and more materials
to Franco unless he can get sym-
pathy on his side by accusing the
French of sending more help to
the Loyalists than he is to
Franco."
Two days later, Mussolini be-
gan those very accusations pre-
dicted in the despatch. Of the
same color now are his claims.that
loyalist, not insurgent, planes
made bombing expeditions over
France last week.
The machinery of propaganda
appears to be working effectively.
STAY AT HOME, YOUNG
MAN: In the old days when Can-
ada's prairie country was a land
of promise, "Go west, young man"
was the cry. And west he went,
in a covered wagon, or a "harvest-
ers' excursion" train. And success
was his, till the drought years
came.
The mining boom in Northern
Ontario following the War sent
hundreds of young men north in
search of gold, or 'work. Many of
then found both. But today, al-
though the mines are going ahead
full blast, the number of men they
can employ is necessarily limited;
their choice of employees is gov-
erned by a need for trained, effi-
cient workers.
It is a mistake then for young
men from Southern Ontario to
flock north in search of jobs in
the mines when there is so little
employment available, in particu-
lar for untrained workers. The
hundreds of unemployed lining
the streets of Timmins and Kirk-
land Lake are testimony enough
to the futility of a young chap
going up there without a definite
job in view.
Under the Dominion -Provincial
youth training scheme, a number
of young men are being specially
fitted for work in the mines,
who doubtless will be absorbed
by the industry as seasonal fluctu-
ation in employment occurs. But
to other young men thinking of
going north, we would say "better
stay home".
JAPAN AND THE OLYMPICS:
The official plans of the Japanese
Government concerning the Olym-
pic Games (XIIth Olympiad)
scheduled to be held in Tokyo in
1940 are revealed by the Minister
of Welfare:
"China has taken the attitude
Bell. Centre (Wisconsin) has
just appointed a new village con-
ttabl , described as "aged twenty-
three, weight 205 pounds, very
tuseular." The officer's name is
Miss Opal Hayes,
Louis Best, won 17 medals and
the title of "ace of the French in-
antry" for his heroic exploits in
the World War,
Machine That
Weighs Words
It is now possible to weigh the
human breath—thanks to the stud-
ies and experiments of scientists
at Rochester University.
Each time we breathe, say
these scientists, our bodies lose an
infinitesimal drop of moisture,
which is our breath.
By means of miraculously deli-
cate scales, this loss of weight can
now be recorded. The information
can be used to throw light on child
metabolism—that is, the amount
of energy used by children in the
act of breathing. This, in turn,
helps doctors in their treatment
of child diseases.
Tree Changed Little
In 150,000,000 Years
Grain Continues
R use Overseas
A million bushels of grain a day
—31 million in 31 days—went out
of the St. Lawrence during the
month just past, This is believed
to come close to a record, being ex-
ceeded only by the sensational sea-
son of 102S, Most of this grain is
American corn, and while the
month of May is over, the rush still
continues. It is believed it will last
through June, but whether it can
keep up till the end of July is a
question many shipping men would
like answered,
Wheat and Barley
Some American wheat has come
through the four St. Lawrence
ports, but corn has been the big
item. Barley also has moved in
substantial amounts.
That June will start with a rush
is indicated by the fact that there
are now about 20 tramps in port.
to take grain. This means that 5,-
000,000 more bushels will go out of
the St. Lawrenee within a week.
Many more cargoes are in imme-
diate prospect.
Canadian and American Grain
By September the first of the new
Canadian crop is expected at Mon-
treal, and a conservative estimate
is that 50,000,000 bushels will pass
through before snow falls. Added
to 50,000,000 bushels of ne., 1938
American grain, and plus the 100,-
000,000 bushels of 1937 grain, both
Canadian and American, that will
have gone by then, and one ar-
rives at a total of 200,000,000 bush-
els for 1938 out of the St. Lawrence.
Grain and shipping men admit it is
not at all improbable such an ex-
port figure could be reached.
Noah's oldest passenger aboard
the Ark apparently was the Chin-
ese ginkgo tree. It is a survival
of the Jurassic geological era of
about 150,000,000 years ago, ac-
cording to Dr. Rowland W. Brown,
of the United States Geological
Survey.
In a park near the White House
in Washington, Dr. Brown has
riscovercd one ginkgo which is al-
most indistinguishable from fossil
specimens of the earliest period.
Basle, Swiss city of the Rhine,
was founded in 27 B. C. near the
Roman colony of Augusta Rauri-
ca. Its university was founded by
the Pope in 1460 and is said to be
one of the cleanest and the hest
kept cities in Europe. Has many
noteworthy buildings — its mu-
seum, once a fourteenth century
monastic church; the Great Art
Gallery, with its famous Hol-
beins; home of Holbein, the young-
er, and of Darer, famous artists.
Baths For Nazis
Only three out of every ten
Germans can swim. That is the
latest official verdict. As usual,
Herr Hitler is "doing somethinb
about it." And the deed takes the
form of 3,600 new bathing pools
which will be specially built for
the Nazi Society for People's
Baths.
EDITORIAL COMMENT FROM HERE, THERE AND
EVERYWHERE.
CANADA
Technique of Borrowing
A bank is a place where you.
can borrow money if you can
prove you don't need it.—Brandon
Sun,
Let's Have British Tourists
Let's all boost for the British
tourists. There are hundreds of
txousands of people in Britain
who like to get off the tight little
isle to • spend their •holidays and
have the necessary money to do
so. They go practically all over
the world, and there is no reason
why more of them should not
come to Canada. We would like
to have them.
Archaic Electoral System
Saskatchewan, now in the
throes of a general election cam-
paign, is perhaps the world's
"horrible example" of the results
of an archaic electoral system. At
the general election of 1934 the
Liberals polled 206,191 votes, the
Conservatives 114,973, and Far-
mer -Labour 103,582. The Liberals
elected 50 members, Farmer -Lab-
our the balance of five in a House
of 55—and the Conservatives no
members at all. And if ever there
was an argument for some sort of
proportional representation, it is
to be found in those amazing lop-
sided results. With considerably
less than half the popular vote,
the Liberal party elected 50 mem-
bers in a House of 55. — Halifax
Herald.
Our Signature Dishonored
Canada's signature stands upon
the Covenant of the League of
Nations. Mr. King in effect de-
clares that that signature is now
3
441
ore
.. a-. epee .... gee ed ........... eeee-e-g .e-e-ae:. e ;..:.tee-.:..: g-e..-e-a-e-e-eg-
THE
x.: ion and chief of the armed forces'
secret service. He has been head
of the Imperial Kwantung army's
special service branch—a planning
bureau for Japanese economic and
military ventures into the inter:or
of Asia—and has again and again
brought pressure from the mili-
tarists to bear for settlement of
the Sino -Jap issues.
A Charmed Head
Towards the end of May of this
year, General Doihara's fourteenth
division was subjected to furious
Chinese counter-attacks from the
direction of Lanfeng. Reports
were frequently heard that the
division had been wiped out. True,
he suffered many thousands of
casualties before reinforcements
arrived from the east along the
Lunghai railroad. But the General
himself escaped unharmed al-
though Chinese raiding parties
sallied forth into Japanese -held
territory in an attempt to capture
him, dead or alive (100,000 Chin-
ese dollars were offered for his
head) .
As long ago as 1932, General
Doihara was quoted as saying that
he "saw no special need for spe-
cial alarm in North China," al-
though he conceded that possible
"misunderstandings" could lead to
"clashes." And so it has turned
out.
In General Doihara you have
your key to the whole Sino -Yap
puzzle.
GENERAL DOIHARA
In command of the Japanese
forces attempting to break
through to China's Hankow this
week is Lieutenant -General Ken-
ji Doihara, known perhaps better
as the "Lawrence of Manchuria".
One of the most famous figures
of Japan's militant role in Man-
churia and China, General Doi-
hara has been super -spy, agent
prosocateur, military strategist in
turn.
He is a man of mystery. For
many years he worked "under-
ground" as agent of the most
milieant sector of Japanese opin-
dishonored. If he replies that, in
the present state of thace
world,
ne
o
other course is p
might with usefulness study the
present position of the Dominion
of New Zealand which has had the
courage to stick to its pledged
word and has refused to play the
conscienceless game into which
Mr. King and his Government
have fallen. Mr. King points out
that each Dominion stands upon
its own feet. True. But let him
consider what might have been the
course of world affairs since 1935
at least had Canada had courage
similar to that lisplayed by New
Zealand. Had two of the Domin-
ions together telcen the stand
which one of them did, it is not
fanciful to imagine that the course
of British foreigr policy might
have been very different.—Winni-
peg Free Press.
Easy to Guess the Ending
When you see the heading,
"Tried to change in a boat," all
that is necessary is to look at the
bottom of the paragraph to see if
the bodies have been recovered.—
Guelph IVlercury.
Leave Snakes Mone
Garter snakes are probably the
most common species in Ontario,
and are even found within the
city. There is a disposition to kill
them but they serve some good
purpose and experienced garden-
ers leave them alone.—St. Cathar-
ines Standard.
The EMPIRE
Much To Be Thankful For
There are other things which
make the British system of life
worth any sacrifice. This week
the principle of holidays with pay
has been granted to every_ worker
in the country. And the House of
Commons has passed a Bill for-
bidding a man to leave his wife
and family unsupported if he has
anything to leave them. When you
feel inclined to praise foreign
systems of government, compare
your own. We have much that
needs improving. Even so, we are
a long way ahead of any other
country in the world. — London
Sunday Chronicle.
Dangerous Race Prejudice
The outcry against Jews as Jews
is one of those things which flare
up among the unthinking, and add
fresh •fuel to racial strife in a
world already sadly torn by rac-
ial antagonisms. Emotions of
hatred, contempt, and suspicion
poured out against any race, class,
or nation are a direct generating
cause of wars and, in their local
manifestations, of civil commo-
tions. Pogroms against Jews and
campaigns of extermination di-
rected by a powerful nation
against a weaker can be traced
to the same fundamentally wrong
attitudes. World opinion is only
a conglomerate of the thoughts
of the plain citizens in each com-
munity; and Trinidad has a con-
tribution to make, not only to its
own self-respect, but to world or-
der, by keeping away from racial
prejudices in the discussion of the
pressing problem of immigration.
—The Guardian (Trinidad, B. W.
1.)
Tramp Newspaper
Paris tramps have issued first
copies of a newspaper edited and
printed by themselves.
B—D
THE 17M ONDERLAND\ OF OZ
Dorothy was delighted that her
request had been granted, but she
was not atog: "ter surprised, for
she had clung to the hope that Oz -
ma would be kind enough to do her
this favour. When, indeed, had iter
powerful end faithful friend refus-
ed her anything? "But you must not
Call ire Princess," she said, "for af•
ter this I shall live on the little
farm with uncle Henry and J'unt
Vol, and Princesses ought trot live
on r,...rne."
"Princess Dorothy will not," re.
plied Oznrt, with ,her sweet smile.
"you are going to live in your own
rooms in this palace and be my
constant companion," "But uncle
Henry," --• began Dorothy, -- "Be
is old and Inas worked enougr- in
his lifetime," interrupted Ozma.
"We must find a place for your
Uncle and Aunt where they will he
comfortable end happy and will not
need to work r.:nre than they care
to. When shall ee t; nsport them
here, Dorothy?"
"Next Saturday," suggested the
girl, "But why wait so long?" ask-
ed Ozena, and why should you go
back to Kansas. Let us surprise
them and bring them here without
any warning." "Pm not sure that
they believe hi Ox," said Dorothy.
"They'll believe in it when they
see it," said Ozma, and if they are
• told they are to make a magic trip,
it may make them nervows. I think
it, wisest to use the Magic Belt
without warning them"
"Perhaps that's best," decided
Dorothy. "'Mien tomorrow morning
they shall comer" said Ozma. "I
will order Jellia Jamb, the palace
housekeeper, to have rooms ready
for them and after breakfast we
will get the Magic Belt and by its
friend, gratefully. "And now,' Ozma
to the Emerald City." "Thank you,
Ozma," cried Dorothy, kissing her
friend, gratefully. "And now, Ozma
p, " its taa wn k in the
gardroposede+,. t".ornelet nnrothvste, dear."