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HomeMy WebLinkAboutZurich Herald, 1948-12-16, Page 3jf • atette teeeti tft OIS INGER. ARM Nobody is grumbling, of course —but isn't this the craziest weather? klere we are, just into the beginning of December and no sign of winter get:. Now for goodness sake don't be a spoilsport and say—"We'll pay up for it later onl Maybe we shall, but we don't need to let it spoil our present enjoyment, do we? And it won't if we don't set out to Meet trouble half -way, And no doubt you have heard that scientists are repeatedly telling us that our seasons are changing, If that is really so then we might just as well get ourselves accustom- ed to thinking of long open falls and late springs. Time was if a fare er didn't sow his fall wheat by September 15 he figured it was no good putting it in. Now wheat sown *bat early is in danger of having shore top than is good for it. I uvea noticed a farm advertised late uu November which read —"Land ploughed for fall wheat!" That seems to be expecting a little too Hauch of Mother Nature, don't you think so? But maybe the agent was lust doing a little wishful think- ing. And speaking of wishful thinking —we had been guilty of that too— but along rather different lines, Our wishful thinking concerned taxes. Round about this time we generally look for our tax bill to arrive. Naturally we had been thinking about it and allowing for it on our expense sheet. And since every- thing else is up we thought the tax- es certainly would be. Oh brother! Were they upl In our own minds we allowed them a boost of around *20. When the bill came in, to our dismay they were $50 over and above what we paid, last year. We haven't recovered yet! However, we sort of managed to dissect it, as it were, and we find that over one-third of the total is for education. Of course, we want to see all children given an opport- unity to get a good education. But what is a good education? Isn't education supposed to be a means of training a child to adjust himself kr life along with what knowledge,. he can. absorb from the usual school curriculum? But is it good training whenchildren are raised on a spoon- tied system of education? Is it kind to children to relieve them of spy trouble or hardship in regard to getting to school? Adversity de- aelops character, then what Chance have present-day children to de'e1op thiaracter—or muscle or r�r�%mai endurance? How can they when a bus comes along, picks them up and drops them at their . school door? Do you know what? We are glad we haven't got any school age chil- dren now because we would hate to have them grow up robbed of their independence by having transporta- tion provided for them day after day. "They don't need to ride in the bus," did you say? Oh cootie now, you know children ... not one of them• likes to be different from the rest. If one rides the rest must ride too. Our children walked one wada half miles to school in every bind of weather and I don't think they were ever any the worse for lt. Oh well, let's talk about some- thing else—.my collar is getting a ]Tittle warns. * Maybe the Royal Winter Fair might be a safer topic. The three'of ue went down on the last Tuesday to the night performance. Last year we looked around at all the live- stock. This year we didn't go near them at all. It seems impossible to do everything in a'fewr hours. We did enjoy the Musical Ride and the :horse jumping, also the showing of the magnificent horses. There was one part of the programme I haven't seen mentioned in the papers . , . after the heavy six -horse teams had been in the ring the announcer said —"One team of horses was not ready when the others carne in but *bey insist on coining in now—so here they are I" And with lots of fan -fare in came a miniature dray drawn by six Shetland ponies which the announcer called "The Mighty Mites". My', how they raced around the ring -- and we noticed the dray was fitted , with a brake on one back wheel — and I am sure the deriver needed it. Of course we saw the Flower dhow—and I never saw one I liked better. There was a beautiful ex - ;Mbit of roses put on by several nur- "'eries co-operating to make one big showing instead of individual exhibits. It • seemed almost im- possible such perfect roses could be real—and not the least bit wilted. Borrower David Ewen tells about the coin - 'poser who signed to do the complete iseore for a musical comedy in ten awl, "That will take a lot out of Ion," commented a well-wisher. blot out of rte," countered Cllr composer, 'but out of Tobaitoexttoe Ilrabms, and It ' " Pretty ,Swanky, Don't You Think?—A classic suit and match- ing coat fashioned, in this picture, from a worsted type gabar- dine made by blending nylon staple fibre with wool. Addition of the nylon is said to impart greater strength and .crease resistance. cJam d ews. If your children are like most youngsters, there's probably nothing they enjoy more than gathering in the kitchen to wake candy. This is especially so at this season, when there's a spirit of jollity in the air. Here are some recipes they might try—easy to make but really grand to eat, I can assure you, Honey Crisp 1 cup shelled walnut meats 2 cups honey Break or chop the nuts into small pieces and spread them in a med- ium-sized, well-oiled dripping pan. Furthc`hvncy' isatv n:z ucepa% place r_ over ..:¢ntle...lierti cHurt:elee :5- trait £ox five minutes 'after it reaches the boiling point, stirring occasionally. Pour over the nuts, sett aside to harden, then crack into pieces for serving. Vanilla Caramels 1 cup sugar • ea cup corn syrup (light) leo cups cream small pinch of salt Put sugar, corn syrup and Ye cup of cream into saucepan. Stir until sugar dissolves, then boil to .soft- ball stage, Add another half -cup of c...am and boil again to soft -ball stage, than add retraining cream and boil to firm -ball stage. Do not beat, as candy may become gran- ular. Pour into oiled pan, 8"x8"x2", to become cool, then cut into small squares 'and wrap in waxed paper. Popcorn balls are alweys popu- lar, especially at Christmas. Here is an olcl recipe, using molasses: Molasses Popcorn Balls 34 cup light molasses / cup ,of sugar / cup of water / teaspoonful of vinegar / teaspoonful of salt 134 tablespoonfuls of butter 6 cups of popped corn •' Combine molasses, sugar, water, vinegar and salt. Cook slowly, without stirring, to the point where a small quantity, dropped into cold water, separates into heavy threads. Remove from heat, add butter, stirring only enough to mix well. Pour mixture over popped corn, stirring constantly. Shape lightly and quickly into balls. ' Peanut Butter Marbles 34 clip peanut butter 134 cups shredded cocoanut or crumbled cornflakes 1 teaspoon vanilla Mix ingredients thoroughly and mold into small balls, Chill until firm and roll in powdered sugar. (Add more peanut butter if mixture seems too stiff.) And I know that some of you would like the recipe for this gen- uine YORKSHIRE YULE SPICE CAKE Two-thirds cup lard ), cup butter , Pi 'teaspoon grated nutmeg.' Grated rind and juice of one lemon 1� cup butter 6 ounces currants 8 ounces ettltanas J ounces candied shredded fruit peels 436 cups sifted cake flour 3 teaspoons baking powder 3 eggs 1 scant cup milk (1) Creatn shortening, sugar, nut. meg Lemon rind and juice until light and fluffy. (2) Dredge fruits with some of the flour. Sift remaining flour with the baking powder. (3) Separate eggs. Beat yolks till thick and yellow,. Add, yolks to creamed mixture, (4) . To the same mixture ad2� blend of baking powder and flour a little at a time, alternating with milk. Fold in fruits. (5) Beat egg whites till they stand up in peaks .but are not dry. • Fold them into the cake Batter. (6) Pour the rnixture into two bread tins, which have been greased and lined with paper. The paper should be greased,, too. Bake one hour, -and a . halfo one hour and, -wary' -'m "tire llr. stow--l7V\-ai-•. �..,.� -.. degrees F.). Note: Tops of loaves may be decorated with blanched almonds, maraschino "cherries, pine- apple'and so on. In this case, place sheet of paper over the loaves while _they are; baking. The Best System What is "justice" in an economic system? Is it the equalization of rewards regardless of the contribu- tion that anyone makes or fails to make to the social product? To many of us a system under which the talented and skilled and indust- rious receive 'no more than the in- competent and shiftless and lazy, and which equalize rewards ir- respective of effort, would be not only unjust but, what is worse, un- productive. Most of us, if we thought that were the only alter- native, would prefer an enormously productive if not ideally just sys- tem to one which provided a per- fectly "just" distribution of scarcity and poverty, Fortunately, a free capitalism not only provides both more liberty and welfare than any other system, but more economic justice. Under it most of us, in spite of exceptions, get approximately the economic value that we ourselves contribute to the total social product. That is how the system provides incentives. Keep improving it, certainly; but don't "reject" ite—Henry Hazlitt. Poor System The late Sam Harris once bought a play because he heard that excel- lent actor, Arnold Daly, reading it • aloud to a group and found himself profoundly moved by it. It turned out to be one of the most dismal flops of his career. "This has been a great lesson to me," he said. "That's what I get for letting a $2,- 000 -a -week actor read a drama to me and getting a $100 -a -week actor to play it" With the Movie and Radio Folks By Grace $harp A few weeks ago I wrote some- thing of -what I had heard and read regarding the new Laurence Oliv- ier "Hamlet" film. Now, having seen it, I waist to say that it's a really tremendous thing—which probably sounds like a raindrop sliding down a window -pane at Ni- agara, and saying that the Falls is a pretty considerable body of water too. * * * Anyway, when you get a chance, you owe it to yourself to try and see this version of lvtr. Shakespeare's Mighty opus, as doing so is the sort of experience which doesn't often come to one. Seeing Olivier as a blond Hamlet may be some- thing of a shock at first, as, I've al- ways thought of the "gloomy Dane" as on the brunet side, but you soon get over it. However, there's no suiting everyone. I've 'spoken sometimes about a certain Character—to whom I'rin slightly related by marriage— and on the way out of the theatre; when I was doing a slight rave about Olivier's performance, he condescendingly remarks, "Shucks, you should have just seen Forbes Robertson." But that's how it goes! Whenever I' say that hockey players such as Teeder $ennedyt or Roy Conacher are pretty smart, he always looks scornful and starts raving about Howie Morenz, Dutch Nighbor and the like. I suppose when Mother Eve used to remark how grand the Garden of Eden was looking, Adam would takeher down by telling her how much lovelier it was he - fore, she came along. But I managed to get some of my own back. Of course every roan, deep down inside hien, thinks that .HE—if he only had a chance— woui,, hake the perfect "Hamlet". Stn'' when we got home from the show I could hear the Character pacing up and down in another room, stuttering to himself, "Tis not alone my inky cloak, good mother" over and over again. So I just h>llered out 'That should be a re- minder for you to take your winter overcoat to the cleaners tomorrow— it's simply filthy." Hamlet's final speech fitted what followed perfect- -3y, It is, as you probably remem- ber, "The rest is silence." * * o be sure and see the Olivier "Hamlet". It's honestly worth eghile—even though I must confess that, for steady fare, I'd prefer Red $ncrPr Clads :Cable tWhoev e Qt err ,56uv,. ..,.ur.-- of Denmark as "gloomy" was cer- tainly quite a word -painter. You could clock all the laughs in the show with an hour -glass. A week or so ago the papers were making quite a fuss over the "dis- appearance" of Bobby Breen, who a lot of you will remember, as a "child singing star" twenty years or so ago, He and the pilot of his cousin, suddenly vanished and it plane, off on a hunting trip in Wis- was feared that they had crashed. Now it looks very much as though it was all a publicity stunt. Breen was discovered comfortably stowed away in a hotel, and the plane found undamaged not far away. "The whole thing smells" said the Captain of the State Patrol which had sent parties searching for the missing pair in sub -freezing weather. I sometimes used to think —When little Bobby was starring— that a good ,spanking wouldn't do him any harm. Now, maybe he'll WhenYor r: -:CI( Begis to Ache REACH FOR ‘oar rte¢% BECAUSE— Backache is often due to ww '' an upset kidney condi- tion; and for over half acentury Dodd's Kidney Pills have helped bring relief from backache by treating the kidneys. Get Dedd's Kidney Pills today at any drug counter. Look for the blue box with the red bend. You can depend on Dodd's. 155 get one. "If it was for publicity, it's going to take .a whole lot of ex plaining" says one angry official. Not long ago one of the big radio networks paid "Amos 'n' Andy" something like two and a half million dollars for the full lifetime rights to their show --and 'similar deals are pending with Edgar Ber- gen and Jack Benny, the latter re- ported to be getting three million for his corporation stock. t. * * The reason for such deals is generally explained as the stars' tryitrg to escape the very heavy "upper Bracket" income taxation. By forming themselves into corp- orations, they get off much more lightly than when working for straight salaries. But there might possibly be something else behind it all—the threat of television. Here in Canada we have little idea about the way television is going ahead south of the border; movie people are beginning to rea- list that the "honeymoon is over" so far as those huge salaries are concerned. Within a year there will be plenty of stars, both on the air and in filmland, working for only a fraction of what they receive now—so maybe Messrs. Bergen, Benny et al are just "getting out while the getting is good." And although it's pretty late to be telling any gags about the 1J. S. election, here's oue you might like. Happening to say to the aforemen- tioned Character that I wondered how Dewey was feeling, he told of a man who ran for Reeve in an On- tario small town many years ago. Maybe McCarthy wasn't the name, but we'll call hint that. e a ,:: ,ar McCarthy made an intensive per- sonal canvass, and on the eve of polling day was certain of winning. It turned out that he was very badly beaten—swamped, in fact. When the results were known, somebody asked the defeated can- didate how he felt. "There are more liars in Teeswater," said McCarthy sourly, "than there are in hell." So probably Mr. ,Dewey's feelings are' greatly :similar to that. So long for - • now! e ,,i, .��z' �� {tie EI 11 g nub tali � A , at r p,�p� 1� jrprJ��,'�(j� W t 9 t••, d FLEXIBLE INTEREST, MORE EQUITY CAPITAL ADVOCATED BY B. C. GARDNER AS STABILIZING FORCES General Manager, Gordon R. fall, Reports Record Deposits — Loans Levelling Off Montreal, Dec. 6.—B. C. Gardner, president of the Bank of Montreal, told shareholders at the Hist annual meeting that doctrinaire socialism was attacking the moral and economic foundations of the nation. No Canadian, he stressed, can hope "that it will be possible to establish in this country some forth of selective economic dictatorship that will apply to others but leave him unscathed. The experience of other countries makes it perfectly clear that once regimentation is established, no interest or class in the community can escape its toils." Sucit an attack, air. Gardner as- serted, was a challenge to all Cana- dians, but it placed a particular re- sponsibility on business men. "I hold no brief," he said, "for any con- cern that in this day and age oper- ates without regard to the public interest." Good business practice was the first essential, and, to achieve more effective public rela- tions. business had to tell its story more completely and in terms more readily understood by the man in the street. • Chief corrective to the present "wide disparity between the supply of money and the things that money buys," Mr. Gardner stated, was in- , Creased productivity, which in turn ' depended ultimately upon more rap- id technical advance. There had been a boom in capital expenditure on new plant and equipment in Can- ada during the past two years, an encouraging development, but un- fortunately this expansion, had not been matched by an offsetting in- crease in saving. The result was competing demand for capital and consumer goods and a strong impet- us to the upward spiral of prices . and costs, After expressing his ap(iroval of the Government's policy of oper- ating at a substantial fiscal surplus, Mr. Gardner questioned whether sufficient attention was being paid to the control of expenditure. Gov- erning bodies might well be expect- ed "to give a lead in the elimination from the public budget of all but absolutely necessary outlays." This point, the speaker continued, took on added significance in that existing levels of taxation had a direct and adverse effect on the sav- ing capacity of the public, particu- larly that portion of the commun- ity which might be regarded as a substantial source of venture capital. The president referred to the pos- sibility of using a flexible rate of interest both to stimulate saving and to retard the rate of capital outlay. The policy of easy money had been developed in a period of deflation and unemployment. and he felt that there would be a definite advantage in introducing a further element of flexibility into the interest rate structure. Further, he said, it was highly desirable that an increased propor- tion of corporate financing should be done in equity form than through the issue of additional debt, General Manager's Address Gordon R. Bali, general manager, reported that the bank's assets stood at $1,991,000,000, total deposits at $1,877,000,000, both at the highest level in the B of M's history. The volume of banking transactions had continued to expand throughout the year; special services of the war and early post-war years had been re- placed by the larger volume of more normal banking business. The staff of the Bank of Montreal now numbered 9,300. Referring to journeys he had made across tine continent, in the course of which he visited 135 branches in Canada as well as the bank's offices in the United States, Mr. Ball said, "This was a most inspiring experience ... I cannot speak too highly of the fine ,spirit of teamwork, enthusiasm and devotion' of which •I found evi- """,ali ragnet rri%t'ra$c s= N .v ; �_ __ recent years had brought special problems of staff training. Schools for entrants were now operating in Montreal, Toronto. Winnipeg and Vancouver, and senior staff courses had been instituted at• head office, while intermediate courses were in contemplation for the coming year. Mr. Ball noted that the upward trend of commercial loans, which had reached a peak in November, 1947, was now levelling off, and he regarded this as a "constructive de- velopment". In view of rising prices and costs many customers were adopting a more cautious attitude in their commitments. Turning to other aspects of the bank's loan Policy. he showed that advances to the grain trade, as well as loans to farmers and primary producers, had increased over the past year. The bank found great satisfaction in the fact that loans under the Farm Improvement Loans Act had risen almost 50 per cent. 99 of Every 100 B of M Loans Approved Locally In its general lending policy the B of M had been particularly anxi- ous to meet the requirements of small business concerns and individ- ual borrowers.. "Despite this," said Mr. Ball, "it has been alleged from time to time that, because of a concentration of financial resources in the larger centres. Canadian business concerns. and small ones in particular, are at a disadvantage in dealing with branch banks in the smaller centres. the inference being that only relat- ively few have access to credit. "With this view I emphatically disagree. The full facilities of the entire bank are placed at the cus- tomer's.disposal at all of our branch- es and the number of borrowing accounts on our books is to us a clear indication that our customers' requirements are being property and promptly met. I may say that as at September 30th last, of the total number of loans out the books of this bank, over 99 per rent were made directly by and at the discretion of our branch managers and local cttpc.rintrnd- ents." rwHa THE DEUCE OH •OW MAYBE NITITHE 5WtrCN 1 FATh R 1NT1-1EcAR iuRstGo By Harry Haenrgsen AIMYb 4` E HAIR A.L MSS STONE ThE CAR IMPOWANT APPOINT'. &WATER! I INT - &WATER! AAENT WOES r1 MATTER DOES IT SHE ASKS! MATTER i" EAOFVI4Y+� JUST DROP ME AT THE COW:A-ATE BAR FATHER, AND you CAN RAVE THE BIKE TI IE RE -.ST OF THE EVENING! 11010 004 A