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offies not Inter then Monday noon to. The statement submitted at the yearly meeting of the Dominion Life Assurance Comâ€" pany on Thursday last disclosed the "ighly favorable position of this leading insurance company. Its advancement from year to year reveals the confidence of the insuring public in the institution which concluded the year with total assurances in force of $150,319,791, palicies issued and revived during 1981 amountâ€" ing to $25,779,000. Despite the depressed conditions prevailâ€" ing, progress continued unabated and assets now amount to the large sum of $25,470,426.93, an increase of $232,749.28 for the year. The total reserves have now reached the important sum of $20,516,408, exceeding the preious year‘s reserves by $1,508,096. The policyholders‘ surplus fund now stands at $1,417,555.35, after making provision for all liaâ€" bilities and after paying out during the year $897,940.19 in the form of dividends to policyâ€" holders. Earnings of the Company in 1931 are reâ€" flected by the prémium income of $4,734,065 which, with other income, brought the total income to $6,519,188, leaving the sum of $1,491,919 as the excess of income over disâ€" bursements. The earned rate of interest on the investments was 6.24 per cent. , Payments to policyholders amounted to $3,013,472.95 or $541,220.96 in excess of that paid during the previous year. These comprised the cash paid out for claims arising out of the company‘s policies by death, disabilities, maâ€" tured endowments, dividends, cash values of surrendered policies and annuities. | DOMINION LIFE IN STRONG The growth of the company in the twenty year period from 1911 to 1931 unmistakably indicates the progress made. In that period assurances in force rose from $12,230,657 to $150,319,791 while business issued and revived in 1911 was only $2,471,743 as compared with $25,779,000 in 1931. The gratifying nature of the year‘s results reflect most creditably upon the management which through its progressive policies and careâ€" ful and prudent administration has brought the Dominion Life to the forefront of Canadian Life Insurance companies. The director of the Ontario Bureau of Municipal Affairs and of Unemployment Relief, Mr. J. A. Ellis, in a public address recently, warned the municipalities to cut down their capital expenditures and to issue as few debenâ€" tures as possible. "I have my doubts", said Mr. Rilis, "if the iqunicipalities can stand the pace." ‘ He made vation, which was a timeâ€" g{ . rmments and municiâ€" i ment relief, the more believe they are that although more than last ,000 to take o this year year, and he The stability of the corporation‘s earning power and the strong confidence of the public in this excellentlyâ€"managed institution was conâ€" vincingly evident in the statements presented at the annual meeting of The Waterloo Trust and Savings Company, held on Friday last at Waterloo. ( Despite the depression, the net profits for the year of $112,018.01 were only slightly less than the previous year, while highly satisfacâ€" tory progress was reported in all departments of its activities, the total business of the Comâ€" pany being in excess of $12,400,000. The very favorable liquid position of the company was especially stressed by speakers at the meeting, the company having substantial holdings of government and other highâ€"grade securities. ‘ Continued growth was registered in the estates and trusts branch of its business, which is one of the most important departments of the Company, which was called upon to adâ€" minister a considerable number of new estates and received numerous nominations in wills on the part of business men favoring trust comâ€" pany administration. _ . The gratifyingly strong position in which the Company finds itself at the close of anâ€" other twelve months of business cannot but be a source of keen satisfaction to shareholders as well as depositors and others who have enâ€" trusted their interests to the Waterloo Trust and Savings Company. The managing director and members of the Board and all associated with the conduct of its business are to be highly commended on the fine results of the year‘s operations as disclosed in the annual reports submitted at the annual meeting. ADVERTISING RATES PROGRESS OF WATERLOO TRUST _ | IS UNABATED + | MUNICIPAL INDEBTEDNESS SUBSCRIPTION RATES Advertising copy wust uuyst seach the insure ipsertion. *?2 50 heavily costs. in prosperous times and their inability to reâ€" trench during periods of depression. He inâ€" stanced one municipality that had an assessâ€" ment of about five and oneâ€"quarter millions and a debenture indebtedness of $2,800,000, the greater part for local improvements. Alarming capital expenditure was evidenced by the fact that forty municipalities in Ontarie had tax rates of 50 mills and upwards, the net result being burdensome taxation all along the line. The experience of many municipalities during the year or two will serve as an object lesson to be less prodigal in expenditures in prosperous times and the need, jin periods of prosperity, to puild a reserve for the future to be utilized in times of stress, rather than emâ€" bark on undertakings which are not absolutely essential or involve too large an expenditure in relation to the ability ‘of the municipality to carry the indebtedness contracted for. To be \conservntive yet progressive is the policy which municipalities should endeavor to practice in the making of expertditures, confining them to the essentials. Acceptances of wage reductions by railroad employees in Canada and the United States is generally recognized as a triumph of reason in an industry where some years ago such a proâ€" iposal could have meant nothing short of class [c\onflict, comments The Hamilton Spectator. Wide reforms in education for nurses are recommended in a report just issued by the provincial government and a committee is to draft standard entrance requirements for adâ€" mission to courses for nurses in the hospitals of the province. It is the intention of the Minâ€" ister of Education to set requirements which will enable vocational schools to present courses which will prepare students for nursing. The appointment of the committee has followed the discovery that a surprisingly large percentage of graduate nurses in Ontario are without work, some even being in destitute cirâ€" cumstances. The Hon. Mr. Henry has already drawn attention to this condition and to the necessity of introducing more stringent enâ€" trance requirements for student nurses. e en n n i To en n o m en e t en ie en es e nc o t e gg e n Delving into educational requil"ements of nurses, the committee found lack of standardâ€" ization in preliminary schooling demanded of nurses in training, resulting in those with an elementary public school education competing for the same registered nurses degrees as those with a university education. Wide efforts in education for nurses, socialization of nursing sevices, compulsory health insurance and the creation of Federal and Provincial councils of nurses were among the recommendations contained in the report of the national joint study committee of the Canaâ€" dian Nurses‘ Association and the Canadian Medical Association which has just ended alâ€" most five yvears of continuous survey work. The committee found an overâ€"supply of nurses and no cofrelation between the needs of the nursing service and the number of nurses turned out by the hospitals. ;5?' ‘The Houston Chronicle, referring to the voluntary acceptance of the slash of ten per cent. by rail workers in the United States, sub-‘ mits that they have appreciated the fact, as all sensible men must, that no concern can long: pay more wages than it earns; that when the! time comes that a concern‘s existence depends The Compensation Act provides that the fees for medical aid "shall not be more than would be properly and reasonably charged to the workman if he himself were paying the bill." Medical Aid continues to be a live subject for all industries under compensation. In 1931 the Compensation Board awarded $1,060,763.01 for medical aid services. The employer is reâ€" quired, under the Workmen‘s Compensation Act, to provide First Aid at his own expense, while the Compensation Board pays for necesâ€" sary Medical Aid out of the money collected from thy émployer. The employer should check carefully all Medical Aid and compensation on the reduction of expense, wages must suffer along with everything else. ‘"The demonstraâ€" tiom,‘* it says, has real significence. When milâ€" lions of men, acting together, can so grasp the meaning of an economic situation that they can willingly agree to a reduction in their own inâ€" comes in order to set that situation right, we have evidence of a sanity and fairness which should go a long way." Whatever views may be entertained as to the desirability of wage reductions, there can be no argument against the fact that employers cannot pay more in wages than their businesses earn. When the Workmen‘s Compensation Act was passed in 1914, no provision was made for Medical Aid; this was left to be taken care of by the injured workman himself. In 1917, Medical Aid, not exceeding one month in any case, was provided for, and, in 1929, this was extended to include all Medical Aid necessary as a result of the accident. , Medical Aid includes "medical and surgical aid and hospital and skilled nursing services." It has also been exâ€" tended to include "artificial members and apparâ€" atus" with repair for one year. It extends to all accidents covered by the Act, no matter what the length of disability. WIDE REFORMS IN EDUCATION FOR NURSES RECOMMENDED Â¥t9, MEDICAL AID SERVICES WAGE REDUCTIONS Ab M TH I THE WATEBRLOO CHRONICLE Although . faced . with poor mu: kels â€" and â€" approximalely â€"5,000,000 pounds of ome of the largest wool clips ever handled, W. H. J. Tisdal«e told the Ontario Sheep: Breeders‘ Association the other day that the ‘(‘uumb% Coâ€"perative Wool Growâ€" ers had disposed of this successfully and that full settlement would be made immediately. Moreover shipâ€" pers through the Coâ€"operative would receive as high or higher prices, quality for quality, as were paid in Canada or eisewhere. Due to careful management, handling charges had been cut a third this year or threeâ€" quarters of a cemt per pound. "Our warehouses are practically empty," stated Mr. ‘Tisdale, "and we enter the new season in excellent shape." This record hag been made in the fuce of dire predictions that wool could not be sold at any price and was only possible, this speaker claimed, because the Coâ€"operative during the past ten years had been opening up many new outlets in Britain and elsewhere for Canadian wool. These outlets saved the situâ€" ation in 1931, according to Mr. Tis dale, although he was of the firm conviction that as we were producâ€" ing only a fraction of our domestic consumption of wool and wool proâ€" ducts prectically all our clip should find a market in Canada. Alfalfa, being perennial in naâ€" ture, remains in the ground year after year. Its roots penetrate the soil much deeper than those of the apple tree and, therefore, do not consume much of the molsture supâ€" ply available to the tree. Further more, the roots open up the soll, make it porous. thereby allowing their air to penetrate the soil, which in turn stimulates bacterial action. Apple growers have found that in order to get eufficient color and maturity for the fruit, it is necesâ€" sary to keep the orchard in @od. breaking up ‘only at interval# of five Or six years. And for this purâ€" pose the best crop to use is alfalfa. according to W. B. Somerset, chairâ€" man of the Ontario Marketing Board and a practical grower in the Burâ€" lington district. This plant is capable of taking nitrogen from the air and storing it in the roots as nitrates. All good orchardists apply nitrate fertilizers early in the spring, to promote raâ€" pid growth, and to stimulate blosâ€" soming. A crop of alfalfa is an extremely cheap source Oof nitrate supply. Alfalfa, being the heaviest yielder of all legume and grass crope, may be cut twice a year. The cuttings, which are allowed to reâ€" main under the trees, make an exâ€" cellent _ mulch, which _ conserves moisture and keeps weeds down. _ Women‘s Institutes: A Rural Organization When the rural women of Wentâ€" worth County organized a Women‘s Institute in 1897 for "the dissemiâ€" nation of knowledge, relating to doâ€" mestic economy. including house hold architecture, with special atâ€" tention to home sanitation, a betâ€" ter understanding of the economic and hygienic value of foods, clothâ€" ing fuel end the more scientific care and training of children with a view to raising the general standâ€" ard of health and morals of our people," little did they think that 35 years later the rural women of 28 countries scattered pretty well over the face of the garth would follow their example. odically to the Government. He| "Peter and Nancy in Europe", by stated it as his intention to have the |Mildred Houghton Comfort (Beckleyâ€" Department of Agriculture in each |Cardy Co., Chicago). This is a most county coâ€"operate with the farmer t0 |galightful story that will appeal to help him grow crops especially fitted |children of all ages. Peter and to soil and climatic conditions Of his |Nancy were miraculously invited to county. go to Rurope with their Uncle Lee. i y and right away the excitement beâ€" \ The Camadian Turnip ging. First there is the wonderful _ ‘The Canadian grown Swede Turâ€"|boat and trip down the 8St. Lawrence nip (Rutabaga) has been finding a|and the Atlantic; then England, large place in the highâ€"grade trade|freland, Scotiand and the whole conâ€" of United States cities. From four|timent. They see everything and o five thousand care go out each |bring along many marvellous picâ€" year from the central part Of Onâ€" tures which are scattered throughâ€" Iuflo to American markete. ‘Food out the book. An extremely interestâ€" apecialiste declare it to h‘m of l.‘ travel story of great educational The main purpose Oof the Woâ€" men‘s Institutes is to provide eduâ€" tlonal opportunities for grownâ€"ups bearing directly upon the responsiâ€" bilities of home life. They are en deavoring to provide for the rural communities some of the advantages found only in the larger centres, such as sultable meeting places, liâ€" braries, rest rooms, athletic fields, parks, rlgke, etc. The criticism is sometimes heard that the Institutes of Ontario are composed largely of townewomen. when, as a matter of fact, surveys made at different times and in different parts of the proâ€" vince in recent years show that 65% per cent. of the members are living on the farm, 21 per cent. are made up of persons who have lived on the farm, and only 13%% per cent have never lived on the farm. One of the chief factors contributing to suc cese is that the residents of the vilâ€" lages and smaller towns are coâ€" operating with the farm women in making the Institutes a forceful educational, are encouraging wholeâ€" some social activities, are rendering a splendid service in cases of need, and are contributing very liberally in providing desirable community equipment and â€" utilizing It to the lhest advantage. _ An association of representatives ;o{ all county councile in the provâ€" ‘Ince to further the farmers‘ interâ€" ests is likely to be the outcome of the conference held by Hon. Thos. L. Kennedy, Minister of Agricultute, ‘nt the Parliament Buildings recontrg with several hundred representaâ€" tives of county councils from all parta of Ontario, who gathered at his behest to delve into farming probleme. The Miniater declared it would be nonâ€"political and would present its recommendations periâ€" odically to the Government. He stated it as his intention to have the Department of Agriculture in each county coâ€"operate with the farmer to help him grow crops especially fitted to soil and climatic conditions of his county. It is the regret of some of the leaders that here and there we find branches which are «0 absorbed in the raising of money and ptoviding suppliee for community undertakâ€" ings and relief that they are, to a large extent, overlooking the fact that the main purpose of the organiâ€" zation is that of education in nutriâ€" tion, clothing, housing. health, with with a wholesome aprinkling of the cultural and entertaining. Ontario has 1200 Women‘s Institutes with a membership of 41,000. MISS I NC Big Wool Clip Handled Alfalfa a Valuable Crop A New Organization _ In order to develop interest in and a deeper appreciation ot this «plendid vegetable, a very interestâ€" ing circular entitled "The Canadian Rutabaga" has been published by ‘!he O. A. C. This circular gives vaâ€" lued information about the best vaâ€" ‘ri(-lles. the food value, and the table use of turnips, and includes eixteen very carefullyâ€"tested and approved ;reclpes for the preparation of this vegetable. Canadian people still think of it as the lowly turnip. â€" . Coptes of the circular may be had for the asking from the Extension Department, Ontario _ Agricultural College, Guelph. * About Timothy Seed George H. Clark, Dominion seed commissioner, brings to the attenâ€" tion of Canadian farmers that while this country‘s consumption of timâ€" othy «eed is fully 9,000,000 pounds a year, Canada only produces 1,500,000 pounds a year, importing mostly from the United States the balance. Mr. Clark goes on to say: "At the present time timothy seea in Eastern Canada is bringing farâ€" mere around 9c per pound, while the price in Western Canada is sround 8 cents per pound. This price is, of course, controlled largely by the price at which United States proâ€" ducers can lay their product down at Canadian points, and this price includes such items as the cost of the seed. transportation, insurance. bandling charges, and customs duty. Are there good reasons for these imâ€" portations, or could that production profitably be kept at home?" "The Mud Lark" by _ Arthur Stringer (Bobbs Merrill Co., Indianaâ€" polis). This widely read author is deservedly popular in Canada, and his new fiction will bring many more aumirere. Joâ€"Jo belongs to the arieâ€" tocracy in England; she is Jlited by a faithless lover, and decides to take the place of her cook as a picâ€" tureâ€"bride to a yearning rancher in Alberta. ‘The man proves to be a big, hulking figurestern, quiet, kindâ€" ly, and Joâ€"Jo soon learns to love him. There is a reserve however which ahe cannot penetrate, and things alâ€" most come to the breaking point at times. Jamie has produced the finest seed wheat in the world, ‘whlch one time almost «eparates the couple, but eventually brings them tappiness and wealth. ‘The story itself is in Stringer‘s highly enterâ€" taining «tyle, but the real charm to Canadians lies in the graphic picâ€" tures drawn of life on our vast prairies. A book not to be missed. "A Master of Chaos" by Irving Bachellor _ (Bobbs _ Merriil _ Co.. Indianapolis). This beloved veteran has produced many distinguished books, but this one bide fair to outdo them all. While not the actual hero, George Washington is the central theme, and the great man‘e influâ€" ence is felt throughout the entire etory; his courage, his power to command, his kindlinese, his wrath and his personal charm are shown in a way that makes him a living, breathing hero. ‘The romance of Colin Cabot and Patience Fayerâ€" weather is set in «tirring> times; j war, intrigue, daring deeds and[ bloody deaths. As the romance | unfolds there is a glorious pageant , of brilliant figures prominent in reâ€"| volutionary times, and lovers of real historical fiction will find a rare treat in this spirited tale by one of America‘s foremost writers | Literary Notes BANK OF MONTREAL Each of the more than600 branches of the BANK OF MONTREAL.no matter where it is located, has behind it the full resources of the whole ovgcnu.l e tion, which has C‘Plhl and Reserves of over $74,000,000, and Assets exceeding $750,000,000. _ RESOURCES No acc‘ount is too small and non; too large for the BANK OF MONTREAL \ < to }tndle with efficiency and courâ€" teous attention to the customer‘s individual requirements. Waterloo Branch: J. R. BEATON, Manager i The backbone of any community |is in the health of its citizens. , Strange as it may seem it is only ‘in this day and age that this knowâ€" |ledgo is universal. Medical authoriâ€" | ties have said that much of the sickâ€" ness prevalent just a few years ago was traceable to the inadequate plumbing system in the home at that time. Dutton‘s mystery yarns are in a class by themselves, and in "Capital City Murder", by J. H. Wallis (E. P.â€" Dutton Co., New York), they start the New Year with a gure winner. Washington‘s brilliant society, with Senators, _ Diplomats. _ Representa tives, etc., is aghast when a prominâ€" ent. Congressman disappears from his own grounds while his wife is entertaining at Sunday supper. Anâ€" other baffiing disappearance follows, j and Inspector Jack of New York is | hard put to solve the mysterions crimes that were being perpetrated almost in the shadow of the White House. When the truth is finally discovered, it is so ghastly, that it lcaves the reader gasping. Read this one for a real thriller. i The many thousands that wore deâ€" lighted with "The Selbys", will find "Marietta© by Aune Green (E. P. Dutton Co.. New York). equally cap tivating. Marietta is the daughter of Patrick Mallory, now of Paris. formerly a Mississippi lawyer. She dominates father, mother and her yielding «ister Lucille. Every at tention was showered on her, and she has many lovers, but «he epurns them all, and tries new and mote dangerous adventures. . When Luâ€" The sanitary plumbing system of today is the result of effort put forth by those who planned the proâ€" gress of this age. Sanitation in the home is required by law to protect the health of our citizens. There are certain specific regulations to which the builder must conform to guard against possible sickness resulting from unsafe plumbing. And yet, here in Waterloo and Kitchener we have glnrinfi examples of the failure to adopt what sanitary engineering specialists have worked years to bring about; for these modern plumbers have had a thought for comfort as well as the bare necessiâ€" ties of sanitation. Take our own homes for instance, the one you live in or the one you intend to build. Reflecting on those impatient moments when you have Health and Comfort In Our Homes TAE WM. HOE,G COAL CO. LTD. Established 1817 in excess of $130.000.008 Distributed by cille happily finds her mate, Marietâ€" ta wants him too, and almost sucâ€" ceeds in wrecking the happy home. Parisâ€"American life is depicted in humorous and picturesque style; the author has lived in Paris many years and _ knows her subject. Marietta will undoubtedly rush into the best sellér class at once, and hold its place there the csame as Selbye did. "Top Story Murder", by Anthony Berkley (Doubleday, _ Doran & Gundy, Toronto). Here is a thriller that will keep the reader in sus pense. A spinster who is known to have gold hidden in her room, is murdered. The apartment house has many tenants who were in sad need of "gold", and some of them pro® ably capable of committing crime to Obtain it. The police follow their clues, a popular writer follows his. Both are confident of winning, yet it took both to finally solve the mysâ€" tery. A sureâ€"fire murder yaro. Mr. Cunningham, Sr., who is stayâ€" ing at the home of his son, Mr. E. D. Cunningham, fell reee%:nd sustained a fractured hip. onâ€" dition is. serious. The next time that you find yourâ€" self in need of a ?lumber, for serâ€" vice or advice, call Henry E. Neeb at Kitchener 1278. You‘ll realize why we mention this organization in an article of this kind.â€"Copyright 1932. waited, or when something has failâ€" ed to function will convince us of the desirability of having adequate modern plumbing fixtures installed. You should consult a reliable plumbâ€" Henry E. Neeb of 197 King St. East, Kitchener, has been called in to discuss the safest, most inexpensâ€" ive means of modernizing the plumbing systems of many homes in this community. Home owners who have used his service are now enjoyâ€" ing the comforts of the well apâ€" pointed modern home. _ _ _ When Henry E. Neeb handles plumbing work of any kind he is known to stake his hard earned reâ€" putation on his ability to satistlf. Men from this concern are carefully selected sanitary engineers. Trainâ€" ing and experience enable them to handle your job as skilled masters of their work. They are the type of plumbers who have made our preâ€" sent sanitary system possible. SUFFERED BROKEN HIP m a