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Canadian imports from the Unit- ed States greatly expanded during the war until Canada ran the lar- gest adverse current trade balance The loan agreement jut coho cluded between United States and United Kingdom financial negotia- ttrs is recognized as of the utmost significance for Canada. It should substantially aid Canada. he says, to return to the pie-war system of triangular trade. whereby her ster- ling balances can be sold in New York for'dollaxs with which to set- tle her current us. account trans- actions. Sterling would gradually become freely convertible and were will thereby be removed. the primary cause of the acute short- age of US. dollars which charac- terized Canada's trade relationship with the United States since the start of the war. Mighty works can be achieved under regimenlation when, to save its life and to fight for its principles. the body politic goes' into volunlary servitude; hands over to its leaders the power to my what we shalt do, where and when we shall do it, what we shall enjoy, how much of our earnings we may keep for spending and saving. - But who contemplates with pieasGe permanent slavery? Let no one be deluded by this plausible sounding easuistrr of the Socialists. Nt is dishonest unless one emphasizes that this abundance was achieved by rigidly controlling raw materials, wages, prices; "It is dishonest to cite this pro1itte production unless one points out that it did not produce a more abundant life for the people." "It is dishonest unless one emphasizes that it was attained at un- economic cost, attended with colossal waste because the products were needed immediately and cost was not a etideration. "It is dishonest unless one nmnhuing Hun ac mac when"... -. m... “It is dishonest unless one emphasizes, that it Wis achieved at cost of regimenting the entire nation, lie,'",,',',. eliminating normal industrial and business activities not tonne ed with war production; The Financial Post thesn't contemplate with pleasure permanent slavery and asks. what others have asked so often recently: "It we can produce so abundantly tor war. why can’t we do as well or better for peace.'" A good answer to that now so common fallacy was recently given in the Chicago Daily News, who was commenting on an article by Stuart Chase who, rhetorically. asked "I: it dishonest?" to hold that we can do as well in peace as in war. Said the News: "It is dishonest unless one emphasizes that this high production was reached under the lash of war necessity, and under conditions that people would accept readily as necessary in war but not endure in peace. r Me-"- vvvâ€"-' "----‘ V"-" - r- - 'w“- - '3 - V"""_. . . been come Na In an extremely -good Science Monitor. 3‘33; 'i'l'e,tlUt hrs-cyl- year. a We taxable income We are among those who believe in mint full credit given where led C ' "We” l,', acute 'hte be ouch as to hit him into credit is due. And that's why we come to the defense of our fellow than n er W mo . . . , _W of the .lnoome Til. . . . . cub shortage Mt Prince Create. in spite ot poor condition, he might in taking exception to a recent survey made by a national magazine BC hoe ital ' to t have Mend over Wk)!” years. disclosing that husbands. the breadwinnere in the American home, also ',' .. .'S'l'l J,'T,',2ht',', at lt was pointed out that . tarma- do a large share of the shopping. cleaning, and cooking. 'tew "PI"'. m If” 'ltlet U with a total insane. say, ot $10,. Certainly, we know men who have dishpan hands. In tact, we ahornot this label: it,", 'mVS'IOOO over: period of .brt years. with know some who prefer one loop powder to another. The runny showed wrapped, Grown m W11. - rm” I/l',",",,".".'.',,,',',', that mum: that 80 per cent. of the men washed dishes, and to this we take no ley. and it woghed out we . . s',',l','r',','l',hro'fgTd tfd “mm exception. Nor do we object to the survey's report that men scrub A M of Hungarian ii,i'iii,tti1'iiott, a 'teadr.rreraqe income of bathtubs, clean rugs, wash windows, and whip up chocolate cake. swooped down, hurtled to dea itt.000 in each of the same thre But in the name of all good husbands. why did the survey overlook 'r/dnt/ie,' tSte, :9" 1%T V years. . thie all-important business of tending babies? ,Who sits with them l iiiiGir.'iiTiiiiieiGhiiis get bunched o',Pt,rt1"etdgtt'urg'rt"glt,-, white the woman of the house takes in a mane. Who rocks them to it while on the run in Vance- farm _ . workers be exempt from deduction sleep or walks the ttoor with them? born to Bangor, N.B., a bullet . of tax It the eouree. and that they Come now, ladies, why not come to the defense of these "liantetstihveed tget Sh/att,',,',",'), .lofit, be required to report their own in- . . . . ' mo ve neary snu e lo) al men and give them ill the credit they are entitled to. '; fri H p ' ISN' why 'r'" So. clone 'g.e,t'iui2n','a,gle JtPhtf he: We are among those who believe in seeing full cgedit given where mdit is due. And that's why we come to the defense ot our fellow man in taking exception to a recent survey made by a national magazine disclosing that husbands. the breadwinneu in the American home, tho do a large share of the shopping. cleaning, and cooking. Certainly, we know men who have dishpan hands. In tact, we know some who prefer one aoap powder to another. The annoy showed that 80 per cent. of the men washed dishes, and to this we take no exception. Nor do we object to the survey'a report that men scrub bathtubs, clean rugs, wash windows, and whip up chocolate cake. But in the name of all good husbands, why did the survey overlook this all-important business of tending babies? Who sits with them white the woman of the house takes in a movie? Who rocks them to sleep or walks the Boor with them? Full credit where credit is fue is insisted upon by the Christian Science Monitor. Atthstimeottt-eeditonvitriors-tem-ttrrlcanun"-h-dtku the-ppmtchln‘Chrhtma-ude. mmmhopomuuvmmol Little an. the, eleqatrd thetutttaesd"reaeeorseartts,gooiiittoattmees"ottteatruth.ltheir on. "was mm. "Mum. ttothamattetut8...Birt_ 1arca1,ttationatand intematimsaiundemtandinci.tttett-i.otlMm Rotteet Wehardh Bun-n- eoodwiuoeteartttsthasthehnowtedgeti-r-toesChriatmnaleilie,0at,";Mrw_utatt- DayinamangerinBethlettem. Tomanhoodthtoreettahegrew,hine lin, mm Out, " Cake! mute he “unkind on Calvaryhedied,toahowusthe-oetige. That. Dayna. PM Alt-ni, B.C., May all of us, in thin nnl Christmas after V-Eand V4 Days. MP. Chm D. We! Ymth. pan-e _ . _ and give thanks. N.tr, med hit abandon to ALL AHEAD ON TRADE THE ““00 "mm Mair; 'hmBEANHtmTTNGaPUBuBmNGak o-agtdPtthrliV WWI-Advance Mnmhmunu-“o-h “do!” Peace on Earth! Goodwill Mew." A ca,,,!,,,?,,?.,?. Mm}? Other Editors' Comment MERRY ' It is felt at Washington that the loan agreement will strengthen the exchange value of th Canadian dot- lar. Any rise would reduce the cost of American goods to Canadian im- porters. ease the burden of inter- est and dividend payments to US. holders of Canadian securities and improve Canada's credit in the ttn- ancial markets On the other hand, la discount on Canadian funds cre- lates a better us. market price ion Canadian exports and gives many Canadian exporters additional earnings in terms of Canadian cur- rency with which to improve their financial petition. iwith the United States in the his.. tury of Canadian-American trade. However, through careful econom- izing, buttressed by the 10% tum (exchange premium, on US. goods, Canada' was able to nego- tiutte without medita in my form fretthrUnited States was achieved at cost Reforestation: At South Bar, in Prince Edward County. Ont., Har- vey F. Grimmon set out 17.000 jack pines during 1935-36-37. Some of these are now IS feet high. ‘this wave of strikes end strike- "raeats which deserve our atten- tion. including that of labor itself. One, oirendy mentioned, is tint this is a dnngerous time to which to subject the economy to addition- ai strain, Canada's position in world trade ls ntres.ttr none too le- cure; no group would gutter more than labor itself in the event of a tragic coppause." At Okanagan Mission, B.C., Geo. Reeves levelled ott a mound of sandy soil. came on the skeleton of on Indian, three Indian axe heads, a hide scraper. Aint spear heads and a stone tube blower. No signs of an Indian grave yard, it is manned he died 'lfth'lt and his weapons bu- ried w th him. Apropo the labor situation. the Three Rivers. Que.. Chronicle. says: "We can't mainly blame labor for trying to improve its wage wand working (auditions, providing *it does not use unlawful means. But there age serious aspects of 1he got a splinter ot glass in his fttee...Porthettrattimesinee Barrie, Ont, was incorporated " years Mo, there will be a woman on the town council. Hrs. Mary Laurie. . . N. Savage of Manitou Beach, Sash, wanted a particular- ly large rabbit, failed after several attempts; came home discouraged. ithen heard a loud noise outside and ifound the rabbit he wanted had iara him home and was caught ‘in the fence. . . Returned from ser- 12,'t as secretary to the Director of “Movement. CHQ. London, Sergeant Bliss) M. Mather came home to Estevan. Sash., got the job as see retary-treasurer of the town. . .. Allie Morrison of Homewood dis- trict. Manitoba, had " turkeys and a dog killed by a Minding dog, ftnaliy got him with a shotgun blast as he clawed his way through the straw root of a shed to get the remaining gottblers, beeneomingtohistt-i- hulivedandhe'su..Am-ao- bilebustor . Whom Thomu' 'gefeu't','J'. Que. the . a. Pttt tttl?Jf iirtir'tilftt" LoNDON.-An R.A.P. Bghter pi- lots not due to early demolizatfon are being rained to Br jets reports the London Daily Herald. The 'lrff,ctg','T, is proving far {easier than e experts expected, or pi- lots ttnd the British jet planes sim- pler to handle than the petrol dri- ven aircraft: there are fewer in- struments to watch and fewer con- BIG m. SWITCH The third major recommenda- tion was for the establishment of a "Basie Herd" plan to overcome the difficulties encountered in am ing Income Tax on returns from herd reduction or dispersal sales At present. all proceeds from such sales were considered income, irre- spective of the capital invested in the breeding herd. This had creat- ed hardship in some cases, and while Income Tax ottieiaU had en- deavored to meet the situation by giving their own interpretations, there was a wide variation in these interpretations egg much uncer- [tainty existed as a result. The need was for some dMnite recognition iin the act of a capital asset in the breeding herd, These and other angles of the In- come Tax situation in respect to the farming industry. were tho.. roughly discused by the Commit- tee with the Federation delegation. Among other things it was pointed out that the tanner, in computing his Income Tax each year, was not permitted any allowance in lieu of wages or aalary. nor did his wife have the same advantage as wo- men in other walla of life. of being able to earn an income of $660 a year without taxation. so far as her work on the farm was concerned. l come. Farmer: who Niimed the regulations to' deduct the tax trom the wages of their help, often found themselves without the help. ur found themselves having to pay the tax out of their own pockets rather than lose their help. It was mentioned that in the Us the tax is not deducted at the source from term workers. othturortrver-smiettims- ed.P-overwhiehthetarmer haanoeontrot,auettastttewe- tttar,an_dtltewi_rqi- thtetuatitmsirtnetemaltimu,rude itdiftieultandtmNirtotts.mstr one you‘d the accounting lit riod t9rt-inaaa-ind - rame2he lngnextrgnelygood r t2,tft'dStiit. Aiiuk or PiP0eapemto- sal which has been made to the Gmtonanumbuotoecn- siyyb, distant!“ AW it" w h iaisaaVa _.... 'ltltt ti!.'ii,'ilih'ii"t.hl!i v'g',t,te" an m"""i'. tTfauE Eruiafi'ai. manlllea-thtlnl. 1t2,Ttglrtr?ftg'tpiatdt,,1c, Mr In... Md but to iliCficiiiit5 /d'JhTi/ an 'lfllu'S.lTS"'rtuN'dlh", gym-ply with hi tiiiiaiHG 10mm Petra-tttttte, mtrhb-o Mini to raise himself owing to the tre- mendous 'liareg'iseuJ,'i, A power- fully actua ejector seat has therefore been denloped which tlings the pilot clear when he touches a control. Such an opera- tion when carried out in the sub stratosphere might cause the pilot to lose consciousness through lack of f"gdfr"i, 2iit'he that“ fail to pu e rip co to o - chute. To eliminate tr: risk Ir,',',.'?, ed Kingdom technicians have in- corporated a new device in the pa- rachute harness, consisting of an automatic mechanism. This is set by a button control . As soon as the pilot has abandoned his aircraft the device pulls the rip cord. uyNDditlimiiia- kGiikGn scientists are hoping to produce whey will "tthe “met won-'W'wl that can "think". tsxperGaiL GT, NEW UNITED ”Kano“ trols to manipulate. The speeds of the jet propelled aircraft are, how- ever, so high that a pilot seeking to escape from the cockpit in an emergency wotslddU?d it impossible "" HYDRO-IIIC‘IIIC POWER COMMISSION or ONTAIIO grad is Wegain/ of Scientific and Industrial Re- search. If the experimentsaresuc- cessNi--and Mr. Warmesley the Supt, is eonitdent that they now being carried out by the new- ly formed Mathematics Division of tile Ptitr.d, Kingfiogn Jhaettmtrnt manna-awash" “hula-I‘M. u.....-........) ua---............. mum..." W'arlloTa1%s"T'1'l'?i will be-the machine will not only be able to add, subtract, multiply and divide, but from instructions previously put into it the machine will be able to decide what is should do in different circum- stances without any outside help. “We” 'ttree-trr'- Lt“