Zurich Herald, 1939-01-19, Page 6ews
Parale
By Elizabeth Eedy
DRIVERS CLINIC: To sugges-
tions that the 900,000 licensed
"drivers of the province undergo a
'strict medical examination before
being allowed out on the roads,
Ontario's Attorney -General Con-
ant answers that the Gocernlnent
could not consider Such a program.
It would mean, he says, a tremend-
ous cost to the taxpayers.
Dowel at Montreal, however,
14ILGill University psychologists
propose a lees e:.pelhsive but per-
haps more effeetive means of in-
suring accident prevention— es-
tabiishreent of a drivers' clinic,
which should have the co-opera-
tion Pf safety organizatioIls, uni-
versity psychologists, automobile
associations, pollee tra ie depart-
ments, I uni,.'ipel ad]}linistr'ative
oiler-, the Provin ial Government
and in:hes:Ty. The clinic, they de-
. claro, coeld as.iet drivers to dis-
cover their wl'akner`^e.5 (wl:y they
have a cidente) through tests of
skill, etc.; would suggest; means of
overcoming such weakne res.
Out in B. C. every motorist has
to undergo rigid tests. If he does-
n't pass his exams in driving, he
is forced to get out and learn all
over again before his license can
' be renew•e:L
* * *
FORGOTTEN MEN: At Mun-
ich, the Czechs were forced to
surrender the Sutietenland to Ger-
many for the sake of "peace". As
compensation they were to receive
a $150,000,000 guaranteed loan
from Great Britain and French;
an international pledge which
"guaranteed" the new Czecho-
Slovakia's territory.
Thus far, only part of the loan
has been paid over. The odds are
that the remainder never will be,
since the money would really go
to Germany, not Czechoslovakia.
And the territorial guarantee by
the four powers .. . the maga-
zine "Newsweek" points out that
plans for it are about to be quiet-
ly forgotten. Every indication is
that Berlin and Rome will refuse
to agree to guarantee the new
' frontier, and that neither London
nor Paris intends to do anything
more about it.
Justice in a modern world!
* * * *
THE DRIVE EAST: White
Russian General Denikir. who
' last week said he would not fight
against his country, "white or
red", knows something of Adolf
' HitIer's plans for the near future...
He knows for the simple reason '
that Hitler wanted him to help
him with them.
It now becomes apparent that
the details of the German push to
the east (Ukraine) have long been
in the minds of Nazi leaders.
Czecho-Slovakia's capitulation pro-
vided the machinery for putting it
into operation, and Poland'a
abrupt ;;wing from a pro -German
policy to co-operation with Russia
shows that the move is now in high
gear, Diplomats expect the Uk-
rainian drive to be intensified
early in February—when Musso-
lini's campaign for more power
and territory in the Mediterranean
basin is keeping France and Brit-
ain occupied—and finally come to
a head in March, Hitler's favorite
time of year for springing a "sur-
prise".
THE WEEK'S QUESTION: —
How much has Canada been spend-
ing per year since 1929 for relief
of unemployment? Answer: $100,-
000,000 approximately, on direct
aid, works and projects for unem-
ployment relief and agricultural
distress.
Growth of Teeth
Depends on Food
Vitamin D Is Necessary If The
Bones Also Are to Develop
Properly
Vitamin D is the "guard" father
of children in winter because it
guards them while the sun is wan
and clouds and storms sweep over
the nursery. It is most abundant
in fish liver oils and egg yolks,
particularly so if the hens have
had a diet Ugh in Vitamin D.
Butter, ,salmon and sardines are
good sources, ton, A little, not
very much, of this vitamin neces-
sary for good bone and teeth de-
velopment as well as the preven-
tion of rickets, is contained in liv-
er, cream, whole milk and oysters,
Calcium, Phosphorus, Too
No amount of 1 itanhin D can
build bones and teeth in a child's
body without the help of the
;'(building stone" materials, cal-
' ilium and phosphorous. Plenty of
## s silk is essential to supply these
r' iinerals. And a diet well balanced
III all respects --plenty of fruit,
fresh vegetables and eggs, as well
as cereals and meats ---is always a
boost toward the desired goal of
btioyant health through childhood
ilfid on into adult life,
A. movement in T('t}gland seeks to
.li(arb the "influx of foreign doe -
Mr. Chamberlain Walks Abroad In The Park
Prime Minister and Mrs. Neville Chamberlain seem to be about the
only people in the park as the premier braved a recent London storm
to take his daily morning walk in St. James Park.
Not How Many
B t HowGiod
Quality Comes Before Quantity
In Livestock Raising — Do
Not Overstock Your Farm
Many a livestock raiser has
learned that quality should come
before quantity. When a given
line of livestock has demonstrated
its usefulness on the farm, the
temptation is to increase that line
to a point where the profits will
show up big. It is very easy, when
operating with this idea in mind,
to overstock the farm. We mean
by that, to gather more livestock
about than the farm and its
equipment can economically .han-
dle. The result, too often, is slow-
er
lower gains, scant pastures, disease
and parasites and, -in consequence,
less profits than were formerly
.made with half the stock. The
best andmost successful farmers
and stockmen have been those who
operated on a moderate scale,
raising only such crops as they
could take good and tnnely care
of, and keeping only such live-
stock around as their feed supply,
their pastures and their' barns
could safely accommodate. In ex-
panding our livestock operations,
it is well to keep in mind this
fundamental principle and remem-
ber that enthusiasm cannot make
up for lack of good judgment.
Dominion Has
Revenue E rop
Customs, Excise and Income
Tax Down Last Nine Months
The National Revenue Depart-
ment collected a net total of
$353,320,304 for the nine months
ending last December 31, through
its three divisions of customs, ex-
cise and income tax.
This compares with 3359,319,-
269 collected during the corres-
ponding period for the previous
year and is a net decrease of
$5,998,965.
Collections in detail were: in-
come tax, $129,197,426; increase,
$21,806,594; customs duties, $61,-
273,765, decrease $11,956,976; ex-
cise taxes, $121,493,786, decrease
$14,849,895; excise duties, 40,-
812,515, decrease $936,652; sun-
dry collections, $542,812, decrease
$62,037.
Children Reveal
Home Training
Children young and old have to
learn how to live and get the best
out of life. This takes guidance,
and nearly all children get it. The
mother who reminds her children,
explains why they should do their
best, listens patiently to their
problems, and teaches them order-
liness and courtesy, is training her
children admirably.
She really needs no text books
with big words. Fun, happiness,
gradual training in duty and re-
sponsibility; this is the best back-
ground - child could have. Con-
geniality between parents makes
the best basis for all training. The
adolescent will reflect in most
cases, the home life and experi-
ence of his earlier years.
New Guinea airplanes are car-
rying native passengers by weight,
the charge being from 10 to 25
cents a pound, according to the
distance travelled.
,r 6 O44 464-4 u'!Y•!•�R.O.1P^O-Os�'v. 4- *-O-r.
VOICE OF
THE PRESS
•Y^04 4 R-0-4.4 a +4
PERMANENTLY?
As one wit suggests, the world
has been much quieter since Eur-
ope swore off the brink habit.—
St. Catharines Standard.
LIKE MOST OF US
Some resident of Lambton
county has already reported hav-
ing seen the first robin of 1939.
Get out—it was a 1938 bird which
had not been able to afford a trip
south, --Peterborough Examiner.
CLOSE SHAVE
During the recent blizzard a
chimney was hurled through a roof
at Ridgetown into a barber shop.
Luckily no one was in the bar-
ber's chair at the time or he might
have had a closer shave than he
bargained for. — London Pres
Press.
TAKE OUR OWN MEDICINE
Before we worry too much
about what English people know
about us we might worry more
about how little we know about
each other. There is a long way
to travel before the Canadian peo-
ple think as Canadians and not as
provincial isolationists, and any
move to remedy that should be a
sound investment. — Hamilton
Spectator.
LET'S NOT BE OSTRICHES
Canadian readers will note there
is a Canadian Chamber of Com-
merce in Shanghai; and that it
has joined like organizations rep-
resenting seven other countries
there in lodging protests with
their governments against the
plans to make China a closed area
to non-Japanese foreign com-
merce. Canada is no longer a her-
mit nation. The war in the far-
off Orient is something of direct
and practical concern to us.—Ed-
monton Bulletin.
WHY CANADIANS FLY
One guess is as good as another
to explain why a Canadian takes
"Absent" Again
Before leaving their Des
Moines, Ia., home, Prbf. Her-
man J. Blackhurst and his wife
hunted everywhere for his
glasses, but couldn't find them.
Later in the morning,,w1 id ad-
dlessing students at Drake Uni-
versity, the professor ran
across the glasses in his vest
pocket. Interrupting the lec-
ture, he absent-mindedly called
cut: "Here they are, Mabel."
LIFE'S LIKE THAT
By Fred Neher
"But it's not much of a bargain if they won't last longer than that."
to the air like a cluck to water.
The reason for supremacy might
be traced to the environment of a
Canadian town, preferably a small
one, where the boys piny hockey
to develop quick thinking, easy
balance and initiative;; where the
winter gives them stamina and
the summer the chance to camp
out "on their own"; where the
ideal is action, not words.
At any rate, Canada is the only
place in the Empire (outside of
Newfoundland) where hockey is a,
natural phenomenon, This may
explain why Canadians •are better
natural flyers than such up-and-
coming folk as the Australians or
the South Africans. — Winnipeg
Tribune.
Sixteen Dutch scientists are
touring South Africa.
ROYAL ,a ,1't Y( " ' ,
General Statement, 3Oth November, 1936
L.1AaiL,i`tC1
Capital stock paid up .......... $ 35,000,000.00
Reserve fund $ 20,000,000.00
Balance of profits carried forward as per Profit and 2,721,409.82
Loss Account ................... ..........w ..•
Dividends unclaimed able 1st
Dividend No. 205 (at 8% per annum), pay
December, 1938
$ 22,79.82
16,831.66
700,000.00
23,438,241.48
Deposits by and balances due to Dominion Govern- $ 1,446,609.61
meat
Deposits by and balances due to Provincial Govern- 9,001,230.56
Govern-
ments
Deposits by the public not bearing interest 356,526,649.64
Deposits by the public bearing interest, including
interest accrued to date of statement 422,500,481,66
Deposits by and balances due to other chartered 278 077.25
banks in Canada
Deposits by and balances due to banks and banking
correspondents in the United Kingdon and 14,355,706.28
foreign countries
Notes of the bank in circulation ,
Bills payable
Acceptances and letters of credit outstanding
Liabilities to the public not included under the fore-
going heads
$ 58,438,241.48
804,108,756.96
26,396,638.74
46,627.40
18,532,001.88
642,445.14
$9h8,054,711.61
ASSETS
Gold held in Canada .. $ 12,979.82
Subsidiary coin held in Canada......... ....... 1,314,935.16
Gold held elsewhere 323,479.96
Subsidiary coin held elsewhere ...-....... • . 3,035,810.57
Notes of Bank of Canada ............... 12,093,077.75
Deposits with Bank of Canada 60,949,061.65
Notes of other eharteredebanks 1,273.185.81
Government and bank notes other than Canadian22,994,508.22 $101,997,038.93
Cheques on other banks $ 26,394,958.81
Deposits with and balances due by other chartered 4002 09
banks in Canada
Due by banks and banking correspondents elsewhere 71,891,264.92
than in Canada
Dominion and Provincial Government direct and
guaranteed securities maturing within two years, 106,368,3ii.t+1
not exceeding market value
Other Dominion and Provincial Government direct
and guaranteed securities, not exceeding market
value
Canadian municipal securities, not exceeding market
value
Public securities other than Canadian, not exceeding
market value
Other bonds, debentures and stocks, not exceeding
market value
Cali and short (not exceeding 30 days) loans in
Canada on bonds, debentures, stocks and other
securities of a sufficient marketable value to 12.964 423.50
cover
Call and short (not exceeding 30 days) loans else-
where than in Canada on bonds debentures,
stocks and other securities of a sufficient market- 7,651,625.32
able value to cover
98,290,225.82
153,333,715.19
7,687,405.60
20,924,704.31
34,019,951.18
Current loans and discounts in Canada, not other-
wise included, estimated loss provided for, ....... 5198,202.903.27
Loans to Provincial Governments 1,159,796.12
Loans to cifaes, towns, municipalities arid school
districts
Current loans and discounts elsewhere than in
Canada not otherwise included, estiated loss
provided for m 101,629,915.30
Non -Current loans, estimated loss provided for....... 2,704,226.83
Bank premises, at not more than cost, less amounts written off.....
Real estate other than bank premises
Mortgages on real estate sold by the bank
Liabilities of customers under acceptances and letters of credit as 18,532,001 83
per contra
Shares of and loans to controlled companies 3,787,881.34
Deposit with the Minister of Finance for the security of note circula-
tion 1 475,400.00
Other assets not included under the foregoing heads, . -., 506,461.16
18,848,355,65
$543,237,400.88
322,545,200.17
14,756,029.06
2,473,530.44
751,206.68
$'108,064,711.61
NOTE:—The Royal Bank of Canada (Frame)) has been incorporated under the lawn
of France to conduct the business of the Bank In Paris, and the assets and liabilities of
The Royal Bank of Canada (France) are included in the above (general Statement.
M. W. WILSON, S. G. DOBSON,
President and Managing Director. General Manager.
AUDITORS' REPORT
To TH9 SHAREHOLDERS, THE ROYAT. BA.NlC or CANADA:
We have examined the above Statement of Liabilities and Assets as at 30th November.
1938, with the books and accounts of The Royal Bank of Canada at Head Office end with the
certified returns from the branches, We have chocked the cash and the securitim representing
the Bank's investments held at the Bead Ounce et the close of the fiscal year, and At various
dates during the year have also checked the cash and Investment securities at several of the
important branches.
We have obtained all the information and explanations that we have required, and SD our
opinion the transactions of the Bank, which have come under our notice, have been within the
powers of the Bank. The above statement is in our opinion properly drawn up so as to dleclose
the true condition of the Bank as at 30th November, 1938, and it Is as shown by the books al
the Bank.
31. OGDEN. HASKELL, C.A., 1
of Haskell. Elderkin & Company l Auditors.
3AS. G. ROSS, C.A., J(
of P. S. Ross B; Sons
Montreal. Canada, 1recember 20, 1938.
PROFIT AND LOSS ACCOUNT
Balance of Profit and Loss Account, 30th November,4
1937 $ 2,325,176.14
Profits for the year ended 30th November,( 1938, after
providing for Dominion and Provincial Govern-
ment taxes amounting to $1,201,768.36 and after
making appropriations to Contingency Reserves
out of which Reserves provision for all bad and
doubtful debts has been made
3,696,233.68
3 6,031,409.82.1
APPROPRIATED AS FOLLOWS:
Dividend No. 202 at 8°% per annum . , .... ., $
Dividend No. 203 at 8°f per annum
Dividend No. 204 at 8� per annum. , . ....
Dividend No. 205 at 8 ° per annum, , .. . «..., ,
Contribution to the Pension Fund Society... .....
Appropriation for Bank Premises........ .......
Balance of Profit and Loss carried forward....,««...
M. W. WILSON,
President and Managing Director.
Montreal, December 20, 1938.
700,000.00
700,000.00
700,000.00
700,000.00
2,800,000.00
300,000.00
200,000.00
2,721.409.82
$ 6,021.,409,82
S. G. DOBSO N��
General Manager.
WONDERLAND OF OZ
No one can say that Uuph was not
brave, for he had determined to vis-
it those dangerous creatures, the
Phanfa.9ma who resided upon the
very top of the dreaded mountai'n of
Ph:edntastico, The Phanfasms were
herbs so dreaded by mortals end by
immortals alike. that no one had
been near their mountain home for
several thousand years, yet General
Guph hoped to induce them t . i 1
t pllix',Ipili}nk pagaihst the good and
('rllph 1.I(enV' very well Ih111 lite
l'hanf,tattla were almost as (longer -
011s 1" (110 gnomes as they Wt'It. In
the (mites, but he thought ItimFc•11
so clever that he believed he ,miid
manage 1liese 'strange creatures 50(1
matte them obey bin}, and there 5
no doubt al all tTlat 11 hr' a nnitl •
MO. the servire aw of the. 1'hatlfn-a:.
their tremendous Power. nitilr•rl to
the strength of the (lrnr•lr•ytv',us
and the cunning of the W1.(tn-i+w,
would doors} the Land r.1 r1z to hits°.
tole destruction,
By L. Frank Baum
So the old genome trudged along
the wild paths until ht came to the
big gailey that encircled the (noun-
thin of Phantastico. This galley was
filledto the brim with red hat mol-
ten lava, in which swam fiery ser -
penis and poisonous salamanders,
The hent and the p0lsonou0 smell
nhir'h arose from this were both so
unbearable that even birds hesitat-
ed t0 fly over the gullet', but circled
away from the living • kept
Now (Gunn Iwri 1 .rued ,lu1
long lire line many inial; e
dreaded I'haril•n,.fts au he bud i enI d
of these barriers or i melted lava. Ile
had also been laid that there was
at narrow bridge extended across
Oft molten lava In one 1t1 l'e, by
which bore 000rd cross over to the
mountain so he walked along the
edge until he found the bridge. It
was a single arch of grey stone and
lying flat upon this bridge wus, n
se'.n1)01 alligator, seemingly (fist
asleep.