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Zurich Herald, 1943-12-16, Page 3
BANKERS ON TRANSITION FROM WAR TO PEACE VITAL NATIONAL PROBLEMS DISCUSSED BY BANK OF MQNTREAL PRESIDENT (Continued from preceding Page) volved would apply' to everyone else and pass the workingman by, "In its primary aspects the matter of nationalized banking is One of monopoly versus competi- tion in the field of credit; and oven within these limits it con- cerns everyone owning or de- pendent upon a Canadian enter- prise that may have need of day- 'oto-daj or seasonal credit accom- modation, In its broader impli- cations the issue is that of indi- vidual liberty of action as oppos- ed to the concept of a central Governmen=t supreme not only in the field of legislative powers and responsibilities, but in the spheres of business, industry and finance as well. This would in- evitably mean the domination by the central authority of all bodies 'whether public or private which must have recourse to credit facilities. THE BANK IN THE POST-WAR YEARS "For 1.26 years this Bank has played an important partin the commercial and industrial devel- opment of the Dominion, in all that time our facilities have been freely available to the Canadian people in bhe exercise of banking functions, conducted in all' their aspects, without bias or political prejudice, and in accordance with principles which experience has proven to be sound. In this, we have I think played a not un- fitting part as the oldest repre- sentative of the Canadian bank- ing system. Long traditions of soundness, sane and experienced management, fair and confiden- tial dealing, plus the competitive spur to progressive outlook and efficiency, have all combined to build this system that is serving the public well. I am confident that your Bank is well equipped to do its important part towards meeting the problems and oppor- utnities of the post-war years in a continued spirit of enterprise and helpfulness to the whole com- munity." RADIO REPORTER REX FROST Have you made the acquaintance yet of that newcomer to the Sun- day evening airwaves between 6 and 7 o'clock over therecently in- augurated CBC station CJBC — "Radio Hall of Fame"? Here's a full hour of top notch entertain- ment woven of merriment, music and musings. Paul Whiteman is musical maestro, and each Sunday stars of radio, stage and screen will visit the Hall of Fame either In individual personal interpre- tations, or in a condensed version of some popular screen, radio or stage play, Everyone is a welcome visitor to the Sunday sessions in the Radio Hall of Fame. *** Last Sunday, December 12th, witnessed the return to the air- waves of always popular Fred Allen and his happy-go-lucky cast. 1to doubt he and "Laringytus" Jack Benny will keep the airwaves Warm during the coming winter With an exchange of heated "Plea - Sentries" mingled into the gay pattern of their individual' pro- $rammes. Fred Allen has returned to his. former Sunday night spot Over an international network, in- cluding CFRB Toronto, 9.30 to 10 1►.m. * * * As the result of a recent survey, Claire Wallace, the smiling, vivacious personality of the Can- adian airwaves, has been acclaim- ed the Dominion's most -listened - to feminine radio artist. Her cross • 'Canada audience of "They Tell Me" is reported mounting all the time. People apparently like to hear Claire's cheery optimism on the subject of Victory, and her chatty anecdotes of the brighter; human side of things. She is heard over the network of the CBC Monday through Friday, 1.45 to 2 p.m. and over CFRB Toronto 7.45 to 8 p.m. t * * That hardy perennial of the Christmas season, the "Magic Chord" is on the air again to delight young and old with the phantasies of Yuletide. 6.30 is the time, CBL, Toronto, the Station, Monday .through Friday nightly until Christmas Day. Once again the Magic Green Door opens to the gentle push of. Billy and Runty, closely followed by Skooty, the funny, runny little mouse, and Topsy, the Angel Doll. Old friends are back again to share the exciting adventures taking place STAFF OFFICER at the shining headquarters of Jonothan, the Old Toy Maker, just before Santa Claus comes down the Chimney. CFRB will greet Christmas Day with special service of carols and symphony music commencing at 12 o'clock midnight and lasting until 1 o'clock Christmas morning. This has been a CFRB feature for many years. Banks Of Canada In Sound Position One of the most effective argu- ments rguments yet voiced against the Soc- ialistic concept of nationalizing banks is contained in the address delivered to the annual meeting of the Bank of Montreal by Mr. George W. Spinney, its President. He punctured many of 'the shallow ideas which have been advanced in an attempt to show that. Can- adian finance and economy are in the hands of "money barons" and "'big interests" Those ' who have been beguiled by the fancif^1. theories of the nationalistic school BARBERS' BOMB Candy -striped 100 -pound aerial bomb means "shave and a hair cut" to Navy men at a South Pacifie base. of thought would do well to study his remarks, says the Windsor Star. Chief among the arguments of the Socialists Is the claim that monopolies are detrimental to the national life of Canada. Yet, as Mr. Spinney points out, they ad- vocate the creation of a great fin- ancial monopoly, as opposed to our present system of healthful com- petition between ten chartered hanks. To bring them all under Governmental control would mean that anyone seeking credit could be denied it .by the one big Gov- ernment bank, and he would have • no recourse to any other source. The granting of credit would be- come a political matter, and this would be fatal to < our economic progress and development. The soundness of the position and the methods of the Bank of Montreal as displayed in its annual reports, which is reflected also In the operations of all our other sim- ilar institutions, should make them proof against the inroads of the nationalization theory. Clear think- ing hinking of the kind indulged in by Mr. 'Spinney is needed to combat this fallacious tendency. RETURN TO BOJANO Sticks and stones are all that's ;et t of her home as this Italian woman reti.rns from the r:'ilr to her home at Bojano after the war roiled by NtA Y 11OOL. SSON December 26 P'S GREAT LOVE AND HIS GIFT Matthew 2:1-12, GOLDEN TEXT For God so loved the world, that he gave his only begotten } Son, that whoso- over believeth on him should not perish, but have eternal life. Jol#n 3:16. . MEMORY VERSE—Cod , . . lowed us, and sent .his Son. 1 John 4:10, THE LESSON IN ITS SETTING Time -5 B.C. Place—The city of Bethlehem, six miles south of Jerusalem. The Newborn Kin "In. the days of Herod the king, behold, Wise -men from the east came to Jerusalem saying, where is he that is born King of the Jews, For we saw his star in the east, and are coming to worship • hire." Herod was not a born king, and for a long time there had 'been no Jewish king by priv- ilege of birth. But at length there was a born king, one born of the Virgin Mary. This title, King of the Jews, was unknown before Christ's advent, and was applied .only ,to the Messiah. Herod and the Scribes '"And when Herod the king heard it, he was troubled, and all Jerusalem with him." Why then was Herod troubled? Six thousand Pharisees had refused take the • oath of allegiance to him and prophesied the kingdom would be taken from him. The announcment then of tiie star and the king was sufficient to ter- rify .him. Those who were in the favour and pay of Herod were troubled also. "And gathering together all the chief priests and scribes of the people, he inquired of them when bhe Christ should be born." It was generally known that Christ would be born at Jerusa- h m but Herod would have author- itative counsel to be sure of a matter of such great importance to himself. "And they said unto him, In Bethlehem of Judaea; for thus it is written through the prophet, and thou Bethlehem, land of Judah, art in no wise least among the) princes of Judah; for out of thee shall come forth' 'o3t nor, who shall be shepherd-•o*f -iffy peo- ple.Israel." 'Bethlehem was the city of Da- vid, and it was fitting that Ohxist, of the royal seed of Da - •'v d„should be born there. Herod's Command •- "Then Herod privily called the Wise -men, and learned of them exactly wha: ;i ae the star ap- peared. And he sent them to Beth- lehem, and said, Go and search out exactly concerning the young child; and when ye have found him, bring me word, that I also may conte and worship him.” Herod wished to convince the Magi that his feelings were as their own, "that I may come and worship Him also." He made a show of being religious and sin- cere, brit he was already plan- nin., how he would destroy Christ to make his own throne secure. The greatest wickcriness often conceals itself under a mask of piety or friendship. J.' las be- trayed his Lord with a kiss. He - rod's motive was not to worship but to kill and to destroy, The Guiding Star "And they, having heard the king, went their way; and lo, the star, which they saw in the east, went before th'm, till it came and stoJd over where the young child was. And when they saw the star, they rejoiced with ex- ceeding great joy." The star which they ssw in the East had not continued to be vis- ;ble to them during their journey, so that for the greater part of their pilgrimage they had to "walk by faith, not by sight". They believed that God who had brought them hither would not leave them in the dark. Nor did He, for the star appeared again to guide and to comfort them. Sometimes we feel Divinely led to take a certain step; the star of _guidance shines bright and clear beckoning us onward. Then all becomes dark, uncertain; we won- der if . we were mistaken, if we have made a false move. But if , POP --The Colonel Lets Everybody Know T1-iE COLoiJECSS NEW BATMAN we go on trusting when the star ceases to shine, we shall see it again, and will have the assurance we are in the right path, and that God is guiding us, Adoration of the Magi "And they came into the house and saw the young child with Mary his mother; ,and they fell dowr and worship)ted him; and opening their treasures they of- fered unto him gifts, gold and frankincense and myrrh." They fell down before Him doing 'hom- age to Him as King of the Jews. They presented to Him gifts fit to be presented to monarchs, and it was to Jesus, as a royal child, that they rare given by the Magi. The Warning Drean "And being warner' of God in a dream that they should not re- turn to Herod, they departed into their own country another way." In simple ways God works; in a dream He warned the Magi of 171 -rod's evil intentions. There is no evidence the Magi promised to return to Herod. The, warning vision from Heaven would be a further confirmation of their faith in the Kingship of Jesus. They were , determined to obey God rather than men, whatever the consequences. How Do Children Spend Spare Time? If more parents took the trou- ble to find out what their young sons and daugaters were doing between school closing and bed- time they would possibly receive a great shock. Children are allow- ed to roam the streets at all hours of the night and many of them are attracted to places which are breeding places for crime and moral delinquency. The place to cure conditions is in the home— far ,too many parents leave the bringing up of their_ children to the church and school. Fluid coal that will burn like gas in hot furnaces is a post-war possibility. It will be finely pul- verized coal suspended ir. a com- bustible nedium. The Book Shell Boughs Bend Over Maida Parlow French Boughs Bend Over is a vivid and colourful story of an early Can- adian settlement. The Van Doorns are pioneers. John Van Doorn, a successful at- torney ttorney of Albany, New York, is, because of his political activities, forced to flee. Taking with him -. only his family he finds a new home on the upper St. Lawrence, where the sheltering boughs of. the forest bend over them. This is also the story of John's sons, of Chris the restless, of Peter the dependable, and of Bachel his wife, . and of Colin their little lost boy; of Rachel'x mysterious secret, and of Peter's search for his lost son; and of Ann's tempestuous love -affair: Boughs Bend' Over is primarily, however, the story of the settle- ment of the land, the almost des- perste efforts of cultured people to accomodate themselves to the rough ways of pioneering—their struggles, their trials, their ultimate triumph and prosperity. Boughs Bend Over ... By Maids Parlow French ... McClelland and Stewart. —. Price $2.50. I g YOUNGEST MANAGER HORIZONTAL 1 Pictured base- ball manager, 11 Type of fish. 12 Variety of fir tree (pl.). 14 Disposed to use slang. 16 Courteous. 18 Trifles • (Latin). 19 Regret. 21 Surgical thread. 22 Compensation (Pl.). 23 Coagulates. 25 Lifeless. 26 He is the youngest — of any major league base- ball team. 28 Inclosure for sheep. 29 The 433d asteroid (astron.). 30 Courtesy title. 33 Exclamations. 34 Opposed to brut. 35 Yeilon bugle Answer to Previous Puzzle LIE N5 T RIC 0LATE N TEN h�4�iUE1 QUEZON. S US plant. 38 Norse god. 40 Break off suddenly. 41 Clain; as due. 43 Large, cuplike spoon. 44 Asiatic deer. 45 Iroquoian tribe of In- dians. (p1.). 46 Old Roman seat. 47 Genus of freshwater ducks. 48 Ravine. 49 Spanish title. VERTICAL $ He manages an American ----- team. 2 Measure (p1.). 3 Impel. 4lnlet of the sea. 5 Onward. 6*Doctor of Science (abbr.). 7 Knock, 8 Series of events of epical magnitude. 9 Was• indis- posed: 10 Combined. 11 SIattern. 13 Portico. 14 Intended slight. 15Section. ©f the Koran, 17 Concludes. 19• Mysteries. O Margins. 23 Pertaining; to a• bishop's chair. 24 Withered. 26 New Zealand ratite bird. 27 Fabulous bird. 30 Swards. 31 Conceptions. 32 Bordered. 35He manages the Cleveland —s. 36 Glades. 37 Mimics, 39 Ancient He- brew stringed instrument. 40 City in Saler. no province, Italy. 42 Invalid. 43Conduct. By J. MILLAR WATT .� l -10W GREEN 1S MY VA LETT 4 Capt. Madeleine St. Laurent, daughter of Canada's Justice .Minister, is now staff officer for the Canadian Women's Army Corps in Military District No. 12 with headquarters at Regina. She was one of the two officers appointed when the C.W.A,C, was formed in 1941 and has held ap- pointments in Montreal and Quo-. 1..),e6 returned from a tour of duty overseas earlier this year. clammiest s, +h*' oft eggateete,_!nr.)