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The Brussels Post, 1954-01-27, Page 4BLE TALKS. ..Atvi.ws, The cookery editor of The Parm Journal --published in hiladelphia - recently had the bright idea of asking the various editors of that fine magazine for their favorite dishes, vrith re- oipes fox same. The results were so interesting that I'm going to pass seine of them along to my readers. + * GRAPEFRUIT STICKS • Remove rind 3 grapefru trom it (Use grapefruit " pulp in fruit cups,) 1 Scrape away white inside of rind. • Cover rind with cold water and soak 12 hours. Change water frequently, • Drain, Cut rind into 3'a -inch S t r i p a with . scissors. "(Should make 6 cups.) • Cover rind strips with' water and bring to boil. Drain. Repeat twice, or until rind is tender and no longer bitter, • Add to rind 3 c. sugar irz c. warm water • Cover; bring to boil. • Remove lid, cook until syrup evaporates. • Roll each stick in sugar. Cool, Food coloring may be added to syrup. } * * CHERRY PIE • Prepare pastry for 2 -crust, 9 - inch pie. • Drain ,,,.,,,.....1 (No. 2) can sour cherries • Save juice: • Blend togetlwr In saucepan 1'h tbiep, corn starch lie e. sugar 14 tsp. salt • Stir in cherry juice. • Bring to boil; remove from heat and Mermaid Headgear - Shapely Charlotte Austin submerged her- self in atmosphere during the filming of a movie about sponge fishing and came .up with a bright idea which turned out to be a sponge hat. The deep-sea millinery is made from a hollow- ed -out uncured sponge, covered with colored sea shells and trim- med with a jaunty feather of seaweed. stir in i. tblsp, lemon lake I tblep, butter red food color - Ing es Add cherries and pour intro pastry -lined pie pan. Cover with top crust, Cut for steam vent, • Bake in hot (425°) oven 40 minutes. Serve warm with scoops' of vanilla ice cream, • e a BOILED CUSTARD • Beat until thickened 3 eggs • Add 1 o, sugar • Beat until sugar is dissolved. • Scald 1 qt. milk • Add milk to eggs slowly, • Cook, stirring, in top of double boiler, until mixture coats spoon. s Add ye tsp. vanilla tsp, salt tsp. 1/2s. nutme g • Cool. (If custard separates When it stands, smooth with fur- ther beating.) • Pour into dessert glasses or bowl; top with spoonfuls of whipped orethn, toasted coconut, and a cherry, Serves 8. * * * CRANBERRY -WALNUT SALAD '4 Combine 2 c. cranberries ya e. water • Cook until skins burst. • Add 1ye c, sugar • -Cock three minutes longer; • Combine ,..-. I pkg. lemon - flavored gela- tin 1 c. boiling water • Stir until gelatin dissolves. • Combine cranberries and gela- tin. • Chill until syrupy. • Add. 1 c. diced celery )2 c. chopped black walnuts • Pour into 1 -quart mold. Unmold on lettuce leaves. Serve with whipped cream dress- ing. UNLUCKY DEUCE When Blue Wing ran second in the American Derby of 1886, there was nothing unusual in the event Blue Wing had been one of the most consistent sec- ond -place horses of the year, and had just managed to miss a number of rich stakes by the length of his nose. In desperation, his owner braided a dollar bill into Blue Wing's tail, hoping thereby to endow the horse with a bit of good luck. In his next start, Blue Wing ran second. Time after time the horse disappoint- ed his owner and benefactor by repeating his second -place per- formances. There came a day when the owner had to sacrifice the superstition of the dollar bill for the necessity of eating. Need- ing the buck, he unwound Blue Wing's tail and extracted the money. The reason for Blue Wing's second -place habit sud- denly became clear. Instead of the dollar, he found that some- one had substituted race -track money. It was a two -dollar bill. "No wonder he ran second so many times," shrieked the owner. "Lucky for me it wasn't a five -dollar bili:" Don't Come Together Protect the birds. The dove brings peace and the stork brings tax exemptions, Sc'ssors Bridge - Believe it or not, this unusual -looking object is an experimental scissors -type bridge developed by Army engin- eers at Ft. Belvoir, as an aid in short -gap crossings. Made of aluminum and hydraulically operated, the bridge con be carried and launched by a modified tank. hi wartime, the bridge could be brought to a scene of action and set In place without exposing soldiers to enemy fire. Glad To Be Back -. Home after 6,000 mile journey by air from Liberia -where she became the first victim of poliomyelitis in' the mother country's history, Mrs, David Graham, 29 -year-old mthe r of three children will receive further treatment in Toronto, arranged by the Ontario Chapter of ihe!Canadian Foundation for Polio- myelitis. Mrs. Grahgm is sho*n with her husband and TCA stewardess Kay MacKay. ea Was World Dr. Cook Reaiiy i A Faker? randed Kiwi Liar and Cheat Every schoolboy is taught that Peary was first at the North Pole. But was he? Telegraph wires at Ledwickin the Shet- lands hummed.on September 1st, 1909, with a message which was to cause world -Wide' ekeitement, Signed • 'bY Dr, Frederick A. Cook, it ran: "Reached North ' Pole, April 21st, .1908..Discov- ered land'far north,;' Thus, ,after• aereest twp years of silence, Cook - long since belie -Veit to'have 'perished in the eternal cold of Arctic' snows - sent -the • triumphant news of his achievement: • - When the blubber ship Hans Egede,, bearing the• adventure, docked three days later at Co- penhagen, nearly 100 slewspaper- nen swarmed aboard. Cook was offered huge sums for his story, but he accepted a meagre 4,000 dollars from Hampton's Maga- zine. He might have scooped twenty-five times • as much. The Crown Prince of Denmark greeted him. He dined with the king at the royal palace. All the glory that fame could bring was his. Then, as adulation and uni- versity honours showered at his feet, a second sensational tele- grem arrived. Robert Edwin Peary, having failed in six pre- vious polar attempts, sent this news from Indian Harbour, Labrador: "I have the Pole, April 8th, 1909." To his friends and influential backers, it seemed that Cook had beaten him in his life's ambi- tion by 350 days. But two days later, Peary dispatched another telegram. "Do not trouble about Cook's story he has simply handed the public a gold brick. The' above statement is made advisedly and, at the proper time, will be backed by proof" Now, the fat fairly .fizzled as a Polar battle of Claims broke out between these rival Arne- rincans.- Certain English jour- nalists won valuable kudos, professionally, for debunking Cook.. Famous one day, ignominious the next, he found himself branded as "The Man Who Stele the North Pole." Even friends discredited and reviled hire. He stood accused of either having perpetrated a tremendous hoax, or -- and this was the kinder accusation they said he was suffering from hallucinations, 3, due to near madness forced on him by terrible privations. Cook had left his records, sci- entific instruments and diaries in : Greenland. Harry Whitney, an American millionaire, who had welcomed him back from his savage journey with: "Doc- tor, you're the dirtiest man I ever saw," badly wanted to bring this evidence from Green- land to America. To do so, how- ever, he needed to travel on Peary's ship, the Roosevelt, And Peary's attitude was: "Leave those documents behind or there's no pasage for you." Was the world justified in brandishing Cook a liar and a cheat? On February 19th, 1908, Cook left his Greenland base, An- noatok, with ten Eskimos, eleven sledges and 105 dogs, On Morels 31st, with 520 miles still to go and 400 miles of overland travel behind him, he shed his support group. Accompanied new by only two Eskimos, two sledges carrying 800 lb. apiece and twenty-six dogs, Cook struggled on. • Such resources, his critics charged,tvould sustain hint for Only two menthe in Polar condi- tions. 'Yet Cook and his Com- paniens survived f o u r t e en months. Was that possible? The answer lies in the en- thralling, tensely written ac- count of his experiences, "Re- turn from the Pole" Cook died in 1940, but he left this hand- written manuscript - now bril- liantly edited by Frederick J. Johl - as a last effort, after a lifetime of hardship and abuse, to substantiate his claim before mankind, "What a lifeless desert of floating damnation we invaded," he wrote, "Eating mainly dried meat andtallow, camping in domes, of. crystal, shelters of snow -flakes, with snow for a bed, ice for pillows, mere exist- ence became more and more a desperate challenge, . but we steadily advanced towards our goal." On April 21st and 22nd, the trio stood at what Cook believed to be the North Pole, the hid- ing place of Tigieha or the Big Nail of Eskimo legend. His sex- tant and other instruments, so he avowed, gave the latitude as ninety degrees a n d longtitude zero. The men's shadows never altered in length throughout the twenty -four-hour sunlit d a y. Such evidence, if true, described the earth's top. As his party struggled back, Cook's calculations went adrift. With the sun obscured by ap- • palling storms and fog, he lost all sense of direction. In a di- rect line, the route home stretch- ed only 700 miles, but without the help of the sun, this devel- oped into a nightmare trek of 4,000 miles, blasted almost ceaselessly by blizzards. Stores gave out. The men be- gan to eat their dogs. Then a polar hear was sighted, and shot, Too exhausted to start a fire and cook the meat, they ate raw bear steaks revenously. For months they lived on a raw meat diet. Gulls and ducks, which they snared or caught with sling -shot, alternated at intervals with bear, seal, walrus and musk-ox meat. They had. no seasoning, no bread, no salt, no vegetables. Yet, contrary to scientific belief, none of them became ill with scurvy. Eventually the trio . stumbled out of this white' hell and en- tered an Arctic gameland. In this' veritable Eden the men perfected;' a technique fee kill- ing musk -oxen.: Lass ing a choice bull by the horns, and fixing the thong ends to the ice, they thus immobilized his as- sault weapons and drove lances Hat Note -- A new note in mil- Ilieery is achiee ed by the addle 'non of Ate musical note with a monocle effect Peeking through the musical note is Gillian Tait, a London, England, model Who seems to have mode on her mind, The Annual Meeting of Shareholders The Royal Bank of Canada General Mdneger . • Reports Assets Over $2.8 Billions Canadian Export Trade, Domestic Living Standard, Endangered by Cost E'conory". Costs must be Competitive with Foreign Producers, Says President Flexibility needed to meet new conditions. "Time ripe for dollar countries .toshow good faith by reducing trade barriers and red tape as aid to Britain in making pound convertible." The tendency to become a high=cost economy in which na- tural and artificial barriers pre- vent Canada from achieving the degree of flexibility and mobility required for orderly 'adjustment was of Jameain s theme of oPreside t, at the Annual General Meeting of Shareholders of The Royal 'Bank of Canada. Increased flex- ibility lexibility is needed, he maintained, to make those price ' Canada 1 m � s f adjustments neeessary to main- tain stability and prosperity , at home, and insure a competitive position in world markets. Can- ada, he declared, should also fur- ther in every, possible way the movement towards a world of liberalized teade and convertible currencies. "A thriving export trade," said Mr. Muir, is a means not only of paying for•imports,• but of se- curing through quantity produc- tion lower costs for Canadian goods whether these are exported or consumed .at home. Canada can hope to maintain her standard of living only if she keeps her costs completely competitive with those of producers abroad. HIGH COST 'ECONOMY "Cost's and prices in -the Cana- dian economy tend to be in- sulated in two ways: first, there are business 'taxes, sales taxes, excise taxes, and customs duties which, because they are largely at the manufacturer's level, are embedded in the cost base. Sec- ond, there are certain "invisible insulators," whose existence is none the less evident, which make some Canadian prices even higher relative to foreign prices than the disparity warranted by taxes, duty, and costs of trans- port, For example, a certain British book that retails in the United Kingdom for 28s. (or at the current rate of exchange $3,- 92) . sells for $5,00 in New York and $7.50 in Toronto, A certain piece of British manufactured equipment retailing at £41 in the United Kingdom (the equi- valent of about $112 Canadian) brings $219 in the United States and $275 in Montreal, An Ameri- can-made article of household equipment sells for $77.50 in New England; but the price of the same article in Montreal is $149:00. MONEY MARKET NEEDED "We must not ignore the fact that the attitude of our govern- ment is generally one that fav- ours freedom of international trade and exchange. Pressure for special treatment, even when backed by evident hardship on the part of some producer groups, has been met by clearly moderate concessions. Moreover, as 1 have already said our monetary authority has adopted a .polity appropriate to a nation that must maintain a competi- tive position in foreign markets. Not the least important aspect of this policy has been the active encouragement by our central bank of a money market in Canada. The Bank of Canada's activities and its co-operation with ;financial institutions in this respect have led to great im- provement. But today something i more is needed. It is time now I for the chartered banks and all other financial institutions in Canada not only to support the efforts of the central bank but to take positive steps :to increase their own initiative and activity in the development of a Cana- dian money market: 'Such a 1 market is not only a symbol of economic maturity and strength but is in fact prerequisite to continued progress in a country, like Canada, whose economic future depends on the expan- sion of world trade and invest- ment, DOLLAR AREAS' ROLE "We seem nearer to conver- tibility today than we have bean since the imposition of wartime exchange control throughout most of the world; but the prerequisites to con- vertibility have not changed, "Since theend of the war the world's hopes for convertibility have waxed and waned with Britain's exchange reserves. To- day with rosettes at $2,520 mil- lions and steadily improving, Britain can afford once more to consider freeing the pound ster- ling with the great advantage that now she will move from a position of strength rather than weakness. 000» PRESS ABROAD EN- OOURAGES OOMPLACENOY "'i'he means to our stability and prosperity involve an in- creasingly mature attitude on our own part towards our future role in the society of nations, The amiable charge commonly levelled by dritics at home and abroad that, as a nation, Canadians tend to be unduly conventional and complacent is, . not without foundation. These character- istics may actually be further encouraged by the good press we continue to get abroad. Yet nothing could be more •dangerous than the bland as- sumption that as a people we are impressing the world with the superiority of our char- acter and accomplishments. "More correctly, perhaps, our situation is akin to that of an heiress who can never be sure that she is admired for herself and not merely for her wealth. Our great wealth of natural resources is an inheritance which, like an individual's inheritance, i s evidence of good fortune ra- ther than talent. We have still to prove that we can make the most of these nates rel resources in building a great nation. It is true that foreign in- vestment is a relatively small part of Canada's gross -publie. and private investment; but it precisely this foreign in- vestment that has provided in good measure the risk capital needed in resource develop- ment. This is the usual course of events in a rapidly grow- ing country. Nevertheless, tin - til eye prove ourselves, it is safer I think to proceed on the unflattering assumption that our popularity abroad is based not so much on what we are as on what we have. "Canada is so dependent for prosperity on a healthy flow of goods, services, and inves- ment funds across her bor- ders that the maintainance of favourable opinion abroad is an especially important con- sideration. "But, if we are not to dis- appoint our friends abroad and even more important if we are not to fail in achiev- ing the economic develop- ment promised by our great natural resources, we must adopt those long -run meas- ures that remove Or reduce certain special barriers to aur economic' growth. The most important of these barriers is the smallness of our popu- lation with a consequent nar- rowness of our national mar- ket." "I think we can say that Bri- tain and her partners in the sterling area, as well as most of her NATO partners in western Europe, have not only accept- ed convertibility as desirable in principle, but have in fact sub- jected themselves to the discip- line in their domestic monetary and fiscal policy which is one of the prerequisites to converti- bility. "I believe the time has. come for the dollar area tc show evi- dence of good faith by reducing trade barriers both in the form of tariff duties in the form of customs formalities and red tape. The dollar area must in addi- tion show willingness to under- take certain responsibilities in the international monetary field. ULTIMATE REWARDS GREAT "I have emphasized the seri- ousness of the problems we have to face both in the .imme- diate and in the'(more distant future. This does not mean that I have anything but the most abundant faith in our ability as a nation' to solve our problems; but I have thought it better to risk some over -emphasis than to encourage false hopes. The eco- nomic policy required' to solve these problems will involve the sacrifice of expediency to sound principle in a number of mat- ters where the choice must be politically very difficult But the ultimate reward is great; no less in fact than the growth of Cana- da to the economic stature she needs to take her place among the great nations of the world." T. H. Atkinson, Ganerai Man- ager, in reviewing the bank's 1950 repgrt, stated that total as- sets of The Royal Bank of Canada have noweached the imposing total Of $2,895,856,189, This, he said, was a new high Marie is the: higian banking est _ ever istory, and re- ported by any Canadian bank. Deposits likewise had reached record ,totals, said Mr. Atkin- son, They now stand at $2,734,- 644,078, an increaseof $207,133,- 839 over the previous year. "It is' encouraging to note," said Mr, Atkinson, "tha't Canadians generally continue to save a reasonable proportion :of their incomes. The incredse in depo- sits of the bank as been• ac- companied by the xpansion m the number of act ants on our onduct over poke. b We now 2,350,000 accounts, and itis of interest to note that the number of deposit accountS in Canada has more than doubled since 1942, Mr, Atkinson re orted profits for the year had i creased $1, 506,051 over the p evious year. After ,providing fo taxes, de- preciation and div: ends, the net profits for the year amounted to $8,635,136, The b nk s Reserye nd nostands et $70,000,000. This,. the Presiden` noted, was for the first time :n the bank's history, equivalent .to twice the bank's Paid-up Capital. This Year's increase this fund, he aid, rsultedfromthe transfer to it of not only a, part of the year's earnings but also of $12,000,000 -from the ;'bank's reserves for contingencies. The bank's programme of branch improvement continued during the year,_„ Construction of a pew building to house its Calgary business was com- menced, and a new building for its Hamilton Branch will be un- der way shortly. 6unew branches and 4 sub -branches were open- ed in Canada, and 3 branches and 4 sub -branches were open- ed abroad, bringingthe total number of branches up to '793, of which 70 are in the foreign field. ROM - BANK ABROAD Mr, Atkinson dwelt on the growing number of the bank's brandies abroad, : especially in the West Indies': and British Guiana. The bank now operates 66 full-time and 4 subsidiary branches abroad, and now has under Consideration the opening of two additional. offices in the Caribbean area. - "Naturally the volume of our business abroad fluctuates with the trend of conditions in the many countries where we oper- ate. From time to time ex- change restrictions imposed in certain countries delay remit- tances but, on the whole, over the long period your bank has operated abroad, a satisfactory solution has always been found to such temporary problems, and the contribution made to the overall earnings of the bank by the foreign division has always .been worth while. It is, there- fore, gratifying that I am in a position to report that profit - wise and in other respects re- sults have been excellent from our overseas division for the period under review. "With respect to the general character of our business abroifd, we continue our policy of wide distribution of risks and our portfolio of loans and investments is diversified and sound from the standpoint of liquidity." PRAISE FOR STAFF "The past year's business the biggest in the history of Cana- dian banking, was built on pre- cisely the same foundation as has served this bank si. well ever since its first days, There is little spectacular or dramatic about it: there ; are no secret weapons in our armoury The base of our success is the super- ior service given by our front line staff in courtesy, friend- liness, helpfulness and genuine interest in our customers' wel- fare. The work of executive officers would be of little avail without it. "Wherever we go, we hear from customers - some of them old -established, some new, and spine casual — about, how gra- ciously they have been treated by our branch officers. That reputation is an asset beyond calculation, and in behalf of the executive I thank every mem- ber of the stats for his and her part in building 1t" into his vulnerable parts. A bullet would have been simpler but by this time they had used them all. With this 2X meat, they built up a winters hoard before set- tling down to spend the months Of darkness in a coffin -like un- derground cell, Here, to their Intense jay, a tiny .Arctic blue rat and his mate (these to hiber- elate with them, When Cook Merged from this. retreat, thirty-five nays of slow overland arudging took him to Cape Faraday, far from haunts. of game, "Every fibre of aur bodies quivered with cold and hunger," he writes. "In des- 'peratiOu„ we ate bits of skin and chewed tough walrus lines, A helf-candle and three cups of het water served for several meals." Friendly Eskimos brought the three Of theta into Annoatok on April 10, 1900, all alive, but black" with unwashed grime, famished, and their protective clothing in tatters. They : had Ceten+ parts of their boots and leather lashings. Cook unfolds his epie tale without trace of bitterness or vainglory; it is a remarknhle ac count of endurance, brave com- panionship and savage bunting in the land of the frozen wastes,' You should read it.