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Zurich Herald, 1949-12-15, Page 7NDAYS IIOOL Stip e v n-ciollt .e a. C la,rlt,e Winter comes to Ontario! But definitely—and mare definitely here than in some places. When the radio said it was eight above zero in Toronto, it was four beliew out side ,our front door. And I was told that during the night it had dropped to 15 below. For the 26th of November, that was cold enough. Earlier in the week, when it was still mild, young John returned from Alberta, driving all the way, and made the trip in five days in his 1936 automobile. He brought a chum along with him who was going on to Montreal and the two of them slept in the car, bought their sown food and cooked their own meals. What a thing it is to be young! For a few days, John was help- ing Bob with a trucking job, but the weather soon put an end to the extra work they had in view as there was •little they could get on with beyond' everyday chores. So much caning and going ... the house seemed hill of men just the. three of them, but there is a lot of men! They seethed to fill the kitchen when they all came in to- gether. Saturday morning, there was a .great to-do .about the cars and trucks—all of them more or Tess frozen, but none seriously as all had been winterized—abut not to 15 below. And into this cold, bleak world a calf was born—the mother, very considerately, produced her off- spring, during the day, so trips to the barn during the evening, and sitting up late at night were, for once, not the least bit necessary. Partner is getting his cows very well trained—that is the second daytime calf inside of two weeks. And then came the end of Day- light Saving Time in this district, but, ironically, we had our last day of summer time on the coldest ;No- vember day recorded in years. With what relief I set'the clocks back Saturday night! You people who have been on Standard Time for the last two months—you don t know how lucky you have been! _And yet it takes,a little while to get adjusted, even to what ebte have been looking forward. Idany a morning recently, 1 have thought, "Oh, if only we were on Standard Time and didn't have to get up at this unearthly hotel" Then we go back on Standard Time and what happens? I wake up three times between 4.30 and 6 o'clock. And at 6.10 Partner starts prowling around. "What are you getting ,up for.?" I ask. "Don't for- get, this is Sunday morning, plus Standard Time. You don't need to get up so early."• 'But it -didn't do any good. Partner was awake,, so he had to get up. • And that was that. Habit, is hard to break. Remember a couple of weeks ago, 1 remarked it was a. good idea to fit one's work to the weather? Well, I have been doing just that again. It so happened 1 had a quilt top finished when winter struck so suddenly, and, of course, I wasn't happy until I had it in the frames —a kind-hearted neighbor coming along to help me with the job. You know, this quilting business must be contagious. The W.I. had a quilting: a friend in the next town- ship was awfully busy because she had been quilting for two days, and a contemporary columnist in this district also was writing about the joys of quilting—so it must be in the air. And I ask you, what bet- ter job could anyone have in cold, stormy weather? The trouble is, once started, it is hard to leave a quilt alone. You feel you just must go on ... get it rolled again and see how much smaller it is. Two friends were coining in to help me f M a treat r gent iyze Baric Merl B. C. GARDNER STRESSES STABILITY OF CANADA'S ECONOMY — RETURN TO COMPETITIVE CONDITIONS Gordon Rall, General Manager, • Reports Resources at Over Two Billion --- Savings Deposits Highest in History — Loans at Record Level 13. C.Gardner, president of the Bank of Montreal, told shareholders at the recent 132nc1 annual meeting that the broad Canadiau trend seemed to be toward a closer balance in trade with ".our nearest neighbour" and a contraction of exports to 'important and traditional overseas markets." In Canada, price influences had achieved "something approaching a balance of forces," Mr. Gardner ob- served. The balance, however, was precarious and could easily be tipped in either direction. The accumulated demand arising out of wartime shortages "has pretty well spent its force." Competition, efficiency, qual- ity and .salesmanship were regaining their normal place. But the most noteworthy feature of the Canadian business trend was its relative stability, compared with •developments in the United States, the president stated. Offsetting re- cessive influences in targe part, "we have a vigorous program of indus- trial expansion." Gaining self-confi- •denee and "know-hpw" as an indus- trial nation, "eve are re -discovering our own frontier" in natural re- sources. Canada appeared. to be undergoing a dynamic growth not unlike that- of the United States after World War I. Reviews Dollar Problem Turning to Canada's dollar dilem- ma, Mr. Gardner saw a broad trend toward " a closer balance in trade with our nearest neighbottr," and, 'almost inevitably," a contraction of exports to important and traditional iverseas markets. Pointing .out that, since the devaluated rates of ex- change had been established by governmental fiat, there could be no assurance that they would accurate- ly reflect comparative costs and prices, he suggested "permitting a range of variation in exchange rates, cushioned perhaps by a stabilization lurid designed to prevent violent short-term fluctuations." Mr. Gardner affirmed the"general agreement" on the need to raise productivity in dollar -short coun- tries but questioned whether an "ad- diction to nationalization of indus- try" would encourage the flow of domestic or international invest- ment. He cautioned against "an exaggerated State paternalism" blur- ring the "vital connection between effort and reward." Incentives for the individual provide a vast reser- voir of energy, and the great task of the present was to create an envie-., nument in which these fundamental forces might once more be put to work. General Manager's Address Gordon R, 'Ball, 13 of M general manager, reported year-end figure for bath resources alta deposits at more than two billion dollars for the first time. Total assets stood at $2,140,000,000, and total deposits at $2,019,000,000, with savings deposits over the billion -dollar nark for the first time in the history of any Cana- uian bank. Current loans and dis- counts in Canada also amounted to an all -tine High in year-end figures, $442,00 0,000. Remarking on the number of con- cerns showing "stationary or declin- ing profits on a substantially in- creased volume of business," Mr. Ball drew attention to the impor- tance of- businessmen re-examining their "break-even" points. He also felt that reduced tax rates should be applied to "a higher level of profits than the present amount of $10,000." The maximum amount of earnings, he said, should be ploughed hack into small businesses. Loans Double in Decade "ln 1939 we had about a million current and savings accounts on our books," Mr. Ball recalled. "We now have over 1,750,000 accounts." Loan accounts had more than doubled in number. All types of banking trans- actions showed "commensurate in- crease. Personnel totalled 9,700, compared with 6,000 in 1939. The itutnber of shareholders had also doubled, "and we are naturally glad to see this wider share -ownership in our institution.'" The 13 of 'NI wwas not primarily an impressive row of figures or 'an im- posing building, he said. "We think rather of the bank as the local manager and his staff, on whom our customers can always call for friendly counsel and service. More than a million and a half customers knew that it was not money alone they dealt in at the 13 of M. A man's relationship with his bank manager was "a highly eersotial one." Behind this confidential rela- tionship stood the resources and stability of a nationwide, century - old institution, so that strength was linked with "understanding in the service of the individual." Mr. Bali praised the staff for their "untiring energy. He detailed the arrangements for their welfare, re- ferring to the consideration given to changes in the cost of living and to personal problems caused by trans- fers, as well as to the bank's contri– butions to the pension fund and to )roup insurance schemes. The gaff, the general manager said, were the hanks "greatest asset." Low -Down On Hollywood—Seven-year-old star Gigi Perreau works diligently over her "Hollywood Weekly Report," an occasional publication which sells to her friends for five cents a copy. Gigi handles the whole business, penciling her news beats on school paper and peddling the final product. Profits go to the March of Dimes. with my quilt but 1 am afraid by the time the weather lets up, 1 shall have my quilt about done. But there will be others—yes, l am quite sure there will be others! After reacting this, I wonder how many people will get the urge and bring out the quilting frames, Ah, another advantage to Stand- ard Time ... it is 11 a.m. and 1 see the mailman at the gate. For the last two months we have been getting our mail anywhere from 12 o'clock to 1.30—and we haven't en- joyed it at all! Excuse me a min- ute, please;... Well, here we are again. We went down for the mai!, the dogs and I. At the box, Honey stood on her hind legs until 1 gave her some mail to carry home. Tippy thought that was the signal for having- fun and started chasing Honey. But Honey, faithful to her task, kept the advertising folder tightly in her mouth until she had reached home, loping through the deep snow like a jack rabbit. By Rev. R. Barclay Warren GOD'S MESSIAH Isaiah 9:2-7; 11:1-5 Golden Text: "Glory to God in the Highest, and on Earth Peace, Good Wifl Toward Men." Luke 2:14. ,The Book of Isaiah has some- times been called the fifth gospel because it gives such a vivid port- rait of Christ. Some have felt that Isaiah taught that the Messianic age would be a human achievement rather than the result of the com- ing of a Divine personality. The great light would be the fruit of man's advance in science. But to- day's lesson clearly links the golden age with a Divine person. Who, other than God's Son, could be called "Wonderful, Counsellor, The Mighty God, The Everlasting Father, The Prince of Peace"? Isaiah saw with great clarity that the hope of the world lay not in man, but in One Whom God would give to us from. Himself. Here was One Whose Kingdom would never falter, but would ever increase. His Kingdom would not be carved out by a sword or achieved by atomic weapons. His is a Kingdom of righteousness and peace. It will rot be biased in favor of the rich. Oppression of the poor will cease and He will champion the cause of the meek. The wicked shall be overthrown. Well may we pray, "Thy Kingdom come." The kingdom is already here in a measure. There are many lives into which. Jesus Christ has entered: These have peace, glorify God, and have good will towards men. But the world's ills—and they are many —will only be righted when all shall own Him as Lord. That day is nearer than ever before. Jesus Christ, Who was despised and re- jected of men, will ultimately triumph and His Kingdom shalt prevail over all. At Christrta'. we celebrate the birth of this King, which occurred over 1,900 years . ago. He is the most important per- sonage ever to walk upon this earth for He was, and is, the Son of God! Shining Example — Mrs. Gert Varney, 18, told police she was forced at gun point to drive a. getaway car for her gunman holdup. The bride of six weeks husband while he staged a said she got the black eyes from her husband, Ernest Var. ney, Jr., the object of a police • search. • vhf The joyous family reunionis a tradition inn ou s Canadian celebration of Christmas. The gaily ele:&orated Christmas tree, loaded with gifts the holly wreaths ... the laughter and excitement . , . the tantalizin , aroma that heralds the Christmas dinner e . , all affirm that Christmas time is family time. During the past year Calvert has paid tribute to the various racial groups which comprise the great Canadian Family. At this Christmas season of happy family gatherings we wish to salute sll Canadian families with the words written by Calvert himself over three hundred years ago: "May all happiness attend you", atv teetedietbYg u aG, *c ARQO