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â- Vâ€" fk Ik- > A I ^, f ^ . '\ \ >\ *» A /^ A -7 ,4. ?â-  'A \ .V 1- ^» ^ K «. * -1 X X »<; X r, T » t ^.ID i.J^. '^^^i,/«aMif-/^ hronicles %inoerFarm Q G^(2.n.dollr\e P. Clo^rke Winter comes to Ontario! But definitely â€" and more definitely here than in some places. When the radio said it was eight above zero in Toronto, it was four below 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 lihera slept in the car, bought their own 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 soob put an end to the extra work they had in view as •here was little they could get on with beyond everyday chores. So much coming and going . . . the hotise seemed full of men â€" just the three of them, but there is a lot of men I They seemed to fill the kitchen when they all came in to- gether. Saturday morning, there was a iP'cat to-do about the cars and trucks â€" ^all of them more or less frozen, bat none seriously as all htA. been winterized â€" but not to 15 k«low. And into this cold, bleak world a calf was born â€" the mother, very - consido-ately, produced her oft- •priag during the day, so trips to the baro during the evening, and sitting up late at night were, for «iicc not the least bit necessary. Partner is getting his cows very â- well trained â€" that is the second 4ay<timc calf inside of two weeks. And then came the end of Day- fight Saying Time in this district, btrt, irookally, we had oar last day of summer time on the coldest N'o- vember day recorded in years. With what relief I set the clocks bnck Saturday night! You people who have been on Standard Time for the last two months â€" you don t know how lucky you have been! .'Vnd yet it takes a little while to ijet adjusted, even to what you have been looking forward. .Many a morning recently, 1 have tliought. "Oh, if only we were on Standard Time ancf didn't have to get up at this unearthly hour!" Then we go back on Standard Time and what happens.' I wake up three times between 4.30 and 6 o'clock, .^nd at 6.10 Partner starts prowling around. "What are you getting up for?" I ask. "Don't for- get, this is Sunday mornmg, 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. .^nd that was that. Habit is hard to break. Remember a couple ot 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 I had a quilt top finished when winter struck so suddenly, and, of course, I wasn't happy until I had it in the frames â€" a kind-hearted neighbor coming along to help me with the job. Y'ou know, this quilting business must be contagious. The W.I. had a quilting; a friend in the ne.xt town- ship was awfully busy because she had been quilting for two d^ys, and a contemporary columnist in this district also was writing about the joys of quilting â€" 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 coming in to help me Bank of Montreal President Analyzes Dollar Problem B. C. GARDNER STRESSES STABIUTY OF CANADA'S ECONOMY â€" RETURN TO COMPETITIVE CONDITIONS Cordon Ball, General Manager, Reports Resources at Over Two Billion â€" Savings Deposits Highest in History â€" Loans at Record Level B. C Gardner, president of the Bank of Montreal, told shareholders at th€ recent 132nd annual meeting that the broad Canadtan 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. Oardncr ob- «erved. The balance, however, was Ikrecarious and oould easily be tipped in either direction. The accumulated demand arisir(g "out of wartime tbortagcs "ha« pretty well spent its force.** Competition, efficiency, qual- ity and salesmanship w ere regaining their normal place. But the most noteworthy feature «)f the Canadian business trend was its relative stability, compared with devekjpments in the United States, the president stated. Offsetting re- cessive influences in large part, "we have a vigorous program of indus- trial expansion." Gaining self-confi- dence and "know-how" as an indus- trial nation, "we are re-discovering our own frontier" in natural re- sources. Canada appeared to be undergoinK 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 neighbour," and, •"almost inevitably," a contraction of txports to important and traditional werseas 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 suRgested "permitting a^ range of variation in exchange rates, cushioned perhaps by a stabilization fund designed to prevent violent ihort-term fluctuations." Mr. Gardner affirmed the "general agreement" on the need to raise proiluctivity 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 tffort and reward." Incentives for the indiviaual provide a vast reser- ' voir of energy, and the great task.of the present was to create an envir- onment in which these fundamental forces might once more be put to work. General Manager's Address Gordon R. Ball, B of M general manager, reported year end figures for both resources and deposits at more than two billion dollars for the first time. Total assets stood at $2,140,000,000. and total deposits at S-',01').0()0,000, with savings deposits over the billion-dollar mark for the first time in the history of any Cana- oiau bank. Current loans and dis- counts in Canada also amounted to an all-time high in year-end figures, $-142,000,000. Remarking on' tlie 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-examiniiig 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 back into small businesses. Loans Double in Decade "In 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 number of shareholders had also doubled, "and we are naturally glad to see this wider share-ownership in our institution." The B of M was 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 monev alone they dealt in at the B of M. A man's relationship with his bank manager was "a highly personal 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 lervice of the individual." Mr. Ball 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, ts well sa to the bank's contri- butions to the pension fund and to group insurance schemei. The staff, the general manager said, were the bank's "greatest asset." Low-Down On Hollywood â€" Seven-year-old star Cjigi Perreau works diiig^ently over her "Hollywood Weekly Report," an occasional publication which sells to her friends for live cents a copy. Gigi handles the whole lni.*ine>s. penciling her news beats on school paper and peddling' the tinal product. Profits go to the -March of Dimes. with my quilt but I am afraid by the time the weather lets up, I shall have my quilt about done. But there will be others â€" yes, 1 am quite sure there will be others! After reading this, I wonder how ma<iy people will get the urge and bring out the quiltmg 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 â€" and we haven't en- joyed it at alll Excuse me a min- ute, please . . . Well, here we are again. We went down for the mail, the dogs and I. .\t the box. Honey stood on her hind legs until 1 gave her some inail 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 Phe deep snow like a jack rahbit. ^NDiBf SCHOOL LESSON 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 Will Toward Men." Luke 2:14. The Book of Isaiaii has some- times been called the fifth gospel because it gives such a vivid port- rait of Christ. Some have felt that Iisaiah taught that the MessiMiic ajje 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 'nope 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 m 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 illsâ€" and they are many â€" 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 shall prevail over all. M I. ' 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 irjr He was. and is, the Son of GodI Shining Example â€" .Mrs. Oert Varney, 18, told police she waa forced at gun point to drive x getaway car for her gunman holdup. The bride of six week* husband while he staged a said she got the black eye« from her husband, Ernest Var- ney. Jr., the object of a police search. ^y^-^^^^^i^/i/id^^^m^ ^ i^^ The joyous iamily reunion is a tradition in out Canadian celebration of Christmas. The gaily decorated Christmas ttee, loaded with gifts ... the holly wreaths ... the laughter and •xdtefflcnt . . . tfa« tantalizing aroma that heralds the Christmas dinner ... all affirm that Christmas time is fatnJlv 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 dl Canadian families with the \Aords written by Calvert himself over three hundred years ago: "May all happiness attend you". Calvert AMMSattlUSO, ONTASIO --r*-i.^a'--Kr-r