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\ _ ___ _ THE WATERLOO CHRONNCLE . > Somudhubeenuidmdmwww:nfio pmperhmflcr.fimpohcyMMhMbyMMh most of our minds the issue has become so cloudly, we feel it might better be left to the politicians to thrash out. on Nothing could actually be further from the truth, for the question of immigration should be of concern to all of us. Anything else is matanecuourw;yotu!emdmmdo_n_nh!a_l‘!‘vhc Some of our "flowery" political speakers tell us that "only through heavy mmmuonwmhmm,wmnmu-mdmmm in world affairs; and here we were thinking we did a fair job with our. war effort. Onlybybdn‘luhuloutammbnwophmm cmwehomtuuwm."munm.mmmmn thenextmommtandpohtwflhltmflymmwuvmh farmers and homesteaders. In other words, the government evidently thinhthnCanadnhtoomlypowhhd.mquvthomm the land"possible under cultivation.‘ The only thing wrong with this viewpomtuthetmmtaualon;.theyhavebeenumngmmth touri.stbu.sinmhoneolfluhnstlndnwflmmnuvethm Canndahu;anditillnmphdhctthlttouflmdonotmw Canada to look at a lot of farms A peep at the scene: For the fifth time in five years Vespra (Ont) township elected its council by acâ€" clamation. . . When the Qu‘Appelle (Sask.) Progress had and advt. that dog licenses for 1947 would be available at the pumphouse the Grenfell Sun grew facetious, adâ€" vised a booth for sale of tags should be set up near a fire hyâ€" drant. . . Hanover, Ont., Rotary club presented the hospital with two raâ€" dios for Christmas. . . Contributed by citizens of Northern Alberta, a If the same politicians, writers and business men, who are now screaming so enthusiastically for mass immigration, would quit deafenâ€" ing themselves with their own noise; possibly they would concern themselves more with keeping the population we now have. We in Canada have our own immigration problem, and it is for the same reason that foreigners want to come to Canada . . . living conditions. The war has been over for some time, but there still remain a great many warâ€"time restrictions . . . all of them to the detriment of the public and the benefit of the government. It is to a large extent these restrictions* which have and are creating a sense of frustration among Canadians. They look towards the south, to the United States, and they see that taxes on profit and on private incomes have been sharply revised, that price ceilings have been practically eliminated, and that efforts are being made to get back into a peaceâ€"time routine where personal initiative may assert itself and be recognized. Rightly or wrongly, there are more and more Canadians nurturing the belief that if they can get to the United States and obtain employment, they will have more of the money they earn for themselves, and that the Government there, will be content with taking the minor portion of the salary rather than the major portion. it io N i C Euit o t P TD n a ons m e eA a ;‘t;eegue for $1000 was handed to Miller while in hospital, folâ€" lowing a fire which destroyed his home, three members of the family being fatalities. . . At Bath, N.B., Mr. and Mrs. Joseph A. Nixon celeâ€" brated their 64th wedding anniverâ€" sary. . . "A mighty pleasant gentleâ€" man" was the way Henry Cyr, 85â€" yesftâ€"old Brooks, Alta. man deâ€" ibed President Truman after beâ€" infwi U.S. cagihl and meeting the preskient who shook hands with him} . . when Vernon, B.C. sold $100, bonds of 9th victory loan for a works project, they got $4,624 interest profit on the transâ€" action. . . Ralph Joyce of Lower Truro, N.S., walked into J. G. Parâ€" ker & Sons, dropped a bag of what sounded like auto chains, said ‘"this is for you". . . proved to be 326 fiftyâ€"cent pieces, payment on & piece of farm machinery bought previously. . . At Port Alberni, B.C., school teacher Joe Lett feli 14 feet off a ladder while decorating a Christmas tree, got a broken arm, head injuries. . . for the second consecutive year voters of Shallow Lake village, Ont., had to choose between two brothers, Perey and Cochrane Noble. 00000000 OB _ B M BA d ie ncstrnamatd Why then the hue mdcrytohlvefihecamtryeanphulyufild if there would be no advantage to the Canadian people. The soâ€"called¢ brains of the country tell us that we "need more farmers". Why? Because we are not getting enough food from the farms already under cultivation? More likely because with more farmers on the land, prices for farm produce will go down. Particularly would this be true if a large foreign population was settled on the farms. atatistician with tongue in cheek, points to the huge volume of unâ€" As the Renfrew (Ont.) Mercury looks at it: "Workers who spend their time planning to labor fewer days each week, and shorter hours, are only carving stone for their own tomb stones. Employers have more time to think and with their masters minds invent new maâ€" chines to replace these men who desire so much for so little." 3.A dA io d hoii o io ie hn ts on Ail oo t Unfortunately for Canada, it is the professional and the trained middleâ€"class, whose liberties and financial position have been most seriously affected these past few years, who are now migrating to the land of the Stars and Stripes. In the final six months of 1945 alone, 8,767 Canadians, bearing permanent visas, left for the United States There is certainly little common sense in bidding for new citizens, while we are losing the cream of our own through a sense of frustration and injustice that is the product of arbitrary government. repcherpiars t 74 g ue d sAieg Bove wols o4 a year will 1947 be?t The business mwmmoamnmoco. . _ Owners and Publishers Subsegiptions Payable in Advance $1.00 per year in Canadn; $2.00 per yoar ogiside Canade. Single copies 5 cepts. Authorized as second class mail, Post Office Department, Ottews FRIDAY, JANUARY 24, 1947 (Sask.) fiilled demands facing Krwflufly meryllngotl'st;)uim;lhs.e erehliti .question tha of demands will make iumnut the way in which we choose to meet those demands will determine the longer range question of wheâ€" ther we shall have a period of proâ€" tracted prosperity lowed gl;”g: _6 Which will it be?" With the war‘s end and reconâ€" verssion to normal production nearâ€" ing completion, commodities being placed on the market, and ple wanting to buy, “V.Mfevi.‘fi? goâ€" CEAamOmE 2C CUp, SETOneh cCOR J 6° ingan:“extn”cuhnottobehld. the Lachute (Que.) Watchman takes the stand that "excessive ;a!xfis coupled with the highest mhe:st ving in years, are a large segment of the mdhn poâ€" pulation from enjoying normal comforts of living". . . while at Truâ€" gathering of federal, provincial and diplomatic genmn(el, the _ Rt. Hon. Louis St. Laurent Saturday unveiled a bronze plaque at the Chateu Frontenac commemorating the Quebec conferences of Am 1943 and September 1944, w were held at this world famous Canadian Pacific hostelry. It was at these two conferences, under the guidance of Winston Churchill, then Prime Minister of Great Briâ€" tain, the late President Franklin Delano Roosevelt of the United States and Canada‘s Prime Minis~ ter, W. L. Mackenzie King, that the chiefs of staff of the allied nations mapped the overall strategy which led to victory in World War IL the letters RLP. inscribed on its tombstone. Good and useful in its day this Board should more hastily be put to rest." An Ontario weekly %d-’ e vocates one New Year‘s tion _ Following the ceremony, some all should keep: ‘"To mind one‘s 150 snhuts attended a‘ luncheon in own dâ€"â€"â€"â€" business, and how." the Chateau Frontenac, at which (Which seems kind of a resolution Mr. Coleman rruided, The chairâ€" touch for any newspaper to keep.) man and president referred to the The Ch (mumbuamnonumm.mw {)erturbed?.%w anacias ce r en mt Phe Sb cb ts anders were atked astn their noâ€" _&A‘!‘I‘l_@& Rodrigue Cardinal Villeâ€" Wtrce ""T"Whe‘n""" fi"‘"'cié‘rl DCt NBwID Mn N WV MMIUMO NOCE ffl lf:;megmwe"ld ¢ m] q tfio Their poâ€" nbenums‘nve ce Rodrigue Cardinal Vme-{ , they said it was the same * licy as that of the Labor px';) Mr. St. Laurent spoke briefly conâ€" | Great Britain, so hrmmpm be gratulating the Canadian Pacific interested in reading a heading last Railway for its role in the success week in Canadian papers to the efâ€" Jof the two Quebec conferences and fect that Britain D&.vs to Run Ali made laudatory reference to Mr. | Farming Property." Coleman‘s long and distinguished career with the cone\snny, a career soon to be concluded with his reâ€" + & tirement from the dual post of ue 0' wm chainman and president on Februâ€" e S ary 1. Mr. Atherton, speaking on benalf of the United States, exâ€" Heads Commemorated »s=s s we canacan pr .cific for arranging a commemoraâ€"| known until the WPTB have had In the crisp, clear air of a bright winter morning, Mr. St. Laurent, the Dominion‘s Surm.ot State for External Affairs, in Engâ€" lish and French prior to unveiling the plaque. In his remarks, he im of the two conâ€" o npnonanas the facilities made available to the delegates at the Chatéau Fronteâ€" hx Tey Amuriem Unina grame by D. C.Co\umw:mmd mldutdon | Pacific way, and among other notables QUEBEC.â€"Before a distinguished hy s 9 i l * + % cie L olnt hq Lt o5 or the boom folâ€" vital Seated at the head table in adâ€" dition to Mr. Coleman, Mr. St. Lauâ€" rent and Mr. Atherton, were Sitr Eugene Fiset, Lieutenantâ€"Governor of the Province of Quebec; Sir Alexander Clutterbuck; Chief Jusâ€" tice A. Sevigny; Hon. Onesime tice A. Sevigny; Hon. Onesime Gagnon, Quebec Provincial Treasâ€" urer; Col. J. L. Raiston, former Minister of National Defence; G. W. Spinney, president, Bank of Montreai; Chief Justice J. E. Miâ€" chaud of New Brunswick, former ;federal Minister of Tran.:fon; Hon. Bona Dusuulk‘rrovinci Minister of Municipal airs; Hon. Charles A. Dunnng, P.C.C.; Col. Charles W. McCarthy and Col. T. R. Clarkin, United States war department, Wd.lhhe\s!ofi' Hon. C. G. Power, forâ€" mer federal Minister of National Defence for Air; L. J. Belnap; C. cific for arranging a commemoraâ€" tive ceremony of such historic sigâ€" nificance. Blair Gordon; Hon. G. F. Gibsone Judge of the Superior Court of dent parliamentary press gallery, Ottawa; and Mayor {.uclen Bor"nye Trmm®y vhah io victry," Frenzimn strategy v ctory, D. Roosevelt, President of the Unitâ€" ed States and Winston S. Churchill, Prime Minister of Great Britain, guests of the Canadian Governâ€" of Quebec City Exact wording of the plaque, which is a bronze rectangle 48 by 30 inches, is: "Headquarters of staffs of armed forces present at W. L. Mackenzic King, Prime THE BANK OF TORONTO Nation in Strong Position To Meet Events Ahead The uations of the world are now engaged in their greatest coâ€" operative effort â€"an attempt to make effective the United Nations that through the mere mechanics science far beyond our capacity to control, there is no longer such a thing as isolation. The world has become one community of which every nation is a part. Canada, by reason of her outâ€" standing natural resources, is not suited to a worid of economic nationalism. From our point of view our trading in world marâ€" scale as possible. Our best tradâ€" ing assets are the products of agriculture, our forests and our mines and, provided international conditions are satisfactory, these, malong with our other productive powers, are adequate to maintain Canadian prosperity. It is essenâ€" tisl that we preserve and ever strive to improve our efficiency of production and keep our costs at m level which will enable us to sell our surplus goods in competiâ€" tion with other nations. Commerce and Finance Among the Nations We have been proud of our Canadian economy in the war period, but once again we have to test its power in the export field, in competition with the goods of many nations, and possibly withâ€" out some of the special advanâ€" tages we have enjoyed in the past. It was inevitable that the severe restrictions of wartime, which in their course brought serious inâ€" equalities, should be followed by a period of disturbance. During the past year, while some industries made remarkable strides, others, as the result of strikes and price restraints, were not so fortunate. Wages and salaries are now reâ€" leased from Canadian government control and while this may accenâ€" tuate the labour difficulty for a time, it brings closer the ultimate restoration of normal balance. Vital as controls have been to wartime production, they sit unâ€" easily on normal peacetime econoâ€" my, not only retarding recovery but even encouraging the evils of black markets and inflation. When controls can finally be dispensed with, the remaining adjustments will be in sight. Wartime Restrictions Passing Export Problems PEACETIME PROGRESS Given by F. H. MARSH PRESIDENT + August 1943 Urge Canadian Women To Train As Nurses nurses in our Hflihls. Homes, Health Centres, a in Industry, the .Dodr.ninipn De%:.ranen: of Laâ€" por is u'ecunqa‘ ational" ap to Canadian omen to consmr "Nursing as a Profession." Her Excellency, The Viscountess Alexander, is assisting the Departâ€" Owing to the urgent need for w o futility of any agency of producâ€" tion, whether it be labour, capital tempting to establish itself perâ€" manently in any position of superiority. Superficially, it might appear that certain aggressive labour unions have done this at the moment, but already the fatal reactionâ€"loss of volume of proâ€" duction and employmentâ€"is deâ€" veloping. The best way to raise wages is to raise productivity. There can be no possible subâ€" stitute for hard work and the fact that many industrialists complain of their efficiency per worker beâ€" ing considerably lower than it was in 1938â€"39, is a situation that must be remedied if we are b‘ have continued prosperity. It is an inevitable economic law that when prices advance to a certain point, the buying power of the average person becomes greatly lessened and _ essentially the demand shrinks rapidly, thereby creating unemployment with its conseâ€" quent evils. â€" It cannot therefore be too strongly stressed that our labour leaders as well as manageâ€" ment, should press this fact with a view to doing everything humanly possible to attain 100% per worker efficiency. During the past year Canaâ€" dians have read evidence given in their own courts of law which has tended to prove that much of the disruption in labour, economic, social and educational circles has been injected there deliberately by agents and paid propaganda from outside Canada. More people than ever before see clearly that there are forces at work which would destroy our system and reâ€" place it with a kind of state monopoly directed from the top. A greater number of our thinking people, business _ leaders â€" and others must take steps to combat the systematic drive of socialistic and communistic ideas which can suceced only in an atmosphere of public apathy. Business must do mor» than sell its products and services. It must sell itself. As at no other time in our hisâ€" tory Canadians are realizing the place they occupy in the world scheme. Our five million men and women workers have put Canada among the first half dozen nations of the earthâ€"outclassing older Pioneer Days Not Over I would like to emphasize the "My uncle held up a train and got twenty yearsw!" Unâ€"Canadian Activity Capital Labour and LAFF.â€"A â€"DAY deliberately atâ€" "This appeal is a "National" apâ€" peal, and every local office of the ment in this respect, and will speak to the women of Canada over a netâ€" work of Canadian Radio Stations on the lubrct indicated above. The address will be featured on the Doâ€" minion Labor Department radio program ‘"The People Ask" beginâ€" ning January 19, and will be heard across Canada during that week. _ In commenting on the accute shortage of Nurses, dufl# the same program, Mr. Arthur MacNaâ€" Labor, stated in part: of far greater size. At the same time Canadians have built for standard of life unsurpassed anyâ€" where outside of North America. All this has been done by initiaâ€" tive, enterprise, hard Work, and business and government. Statements that the "Pioneer Days" are over and that now we should settle down under a sysâ€" tem of beneficent government control are not borne out by the facts at hand. With new developâ€" ments poised on the horizonâ€"out of electronics, radar, the techâ€" nique of manufacture, chemistry and atomic energyâ€"our great as Loss of Trained Youth Deplored Last year, 30,000 Canaâ€" dirns, many of them brilliant young veterans, applied for visas to live south of the border. Over 18,000 received the . necessary _ permission and left the boundaries of Canada â€" presumably _ for Back in 1850, it was estiâ€" mated that around 150,000 Canadianâ€"born were residents of the United States and the figures of this export of brains and energy mounted steadily until ‘the peak of 1,250,000 â€" was reached in 1930, The number has deâ€" clened but even today there are over a million Canadianâ€" born living and working on the other sideâ€"in Detroit, Boston, Los Angeles and New Yorkâ€"more than 100,â€" 000 in each of those centres. American records show that Canadianâ€"born â€" are heavily represented at the top of such professions as medicine, engineering, _ research â€" and in executive positions of great variety. . When you consider that it costs the nation $25,000 to raise and educate a young Canadian for a professionâ€" you see what we have lost in time, effort, money and brainâ€" power. On the subject of immigraâ€" tion there are widely varying opinions, yet emigration is a problem equally as important on which there can be no diversity of thought if it but be realized that since Conâ€" federation, in spite of periods of substantial immigration, the growth of Canada‘s popuâ€" lation has done little better than equal the natural inâ€" crease in population. > Emigration of Young Canadians Presents Serious Problem nion Deputy Minister of C aill ||r-n|.uuu~-u is just as exciting as was the ~BANK OF TORONTO‘S }" POSITION STRONGEST IN HISTORY National _ Employment _ Service throughout the Dominion will supâ€" port the campaign. There is a greater demand toâ€"day than ever before for nursing serâ€" vice. To summarize the whole situâ€" «tion statistically: the estimated toâ€" tal shortage of Professional nursâ€" ing personnel in all branches of the nursing service now stands at 8,â€" 700. Of this number, 7,000 are needâ€" ed in all types of Hospitals; 1,200 are needed in the private duty fieid, and 500 are needed in the Public Health field. Today‘s nurse has need of a broad, professional education. The great advances in scientific mediâ€" cine have called for similar adâ€" vances in nursing. The nurse has become a highlyâ€"skilled expert. To enter a good school of nursâ€" ing, a student must be at least 18 years of age and must be able to pass a thorough physical examinaâ€" tion. She must be a high school graduate, preferably with senior matriculation. Restrictions On Rent To Stay Adjustments May Come The Canadian Hospital Council, continued Mr. MacNamara, estiâ€" mate that additional hospital accoâ€" modation is required immediately for approximately 40,000 patients, with a corresponding need for nurses. In conclusion I wish to point out that the value of nurse trainingâ€" both to the young woman and to the community as a wholeâ€"cannot be exaggerated, even if she does not intend to follow nursing as a career." Meeting members of the pnrlia-‘ mentary g:en gallery to backâ€"| ground today‘s mass relaxation of| brice controls, Mr. Abbott indicated | there would be no immediate inâ€" creases nted in rent ceilings but| dtchmJ__ | to state flatly that the_nl Ottawa.â€"A press conference wasl told by Finance Minister Abbott that he thought it would be “mm(i undesirable" for the Government} to remove rent controls in 1947. _ | Our earnings after contribuâ€" tions to Staff Pension Fund and after providing $772,082 fer Domâ€" inion Government taxes, of which $4,972 is refundable (full proâ€" vision for bad and doubtful ; There is a decrease of $29,000,â€" }000 in Dominion Government deâ€" | posits. In 1945 the Ninth Victory l Loan preceded the closing of the Bank‘s books, resulting in the Government balance being unâ€" usually high. $1,307,036. Depreciation on Bank Premises and Equipment allowed by the Government was $112,577, leaving net profits of $1,194,458, an increase of $259,321 compared with those of the previous year. Dividends at the rate of $1.20 per share, an increase of 20¢ per share, totalling $720,000, were paid, the balance of $474,458 beâ€" ing added to Profit and Loss Acâ€" count. The sum of $2,000,000 was transferred to Reserve Fund, which now _ totals $14,000,000, there remaining in Profit and Loss Account $296,205. Total Assets are the highest in the history of the Bank, having increased over $11,000,000 to $367,000,000. _ These are more than twice what they were five years ago. Current Loans and Discounts A year sago we expressed the hope that there would be a greater demand for loans for commercial purposes and it is gratifying to report an increase of 28% in current loans. These now total over $81,000,000, an inâ€" crease of $17,900,000, and as a year ago we were financing buyers of the last War Loan, the showing is all the more satigâ€" factory. I am glad to repeat last year‘s comment that we are anxious and always ready to assist small businesses as we are very consciâ€" ous of their importance in the development of our country. Deposits Our Deposits from the public are now in excess of $300,000,000. Interestâ€"bearing deposits inâ€" creased $36,000,000, or over 21%, to reach an allâ€"time peak of $209,â€" 000,000. Those not bearing inâ€" terest, $94,000,000, increased $870,000. Branches Ten branches have been estabâ€" lished during the year and we confemplate opening at a number of other points as soon as premâ€" ises are available. He said, "rents have been under B. S. Vanstone declares faith in our way of life, stresses _ confidence in futureâ€" Total systeny as ours and: with the kind of people we have developed, the In these days, when so much is said regarding security for the employee, it may not be amiss for me to point out that Canadian Banks have been in the forefront in this respect. In the years ahead our Country cannot help but grow in world importance and the Canadian Banks, whose responsibility it is to serve the everâ€"expanding needs of business will, I know, do their | part. For ourscives, the problems |of our customers are our probâ€" lems and as always we are ready and willing to aid in their soluâ€" ‘tion. Never in the long history | of the Bank has it been in a stronger position to face the 1future than it is today. Our Bank provides continuous employment through bad as well as good times; liberal pensiona for male staff with benefits after death to their families; retiring allowances to women and other employees; Group Insurance conâ€" tinuing _ after â€" superannuation; Group Hospitalization, covering dependents also; sick leave with pay, and liberal financial assistâ€" ance at low interest rates for purchase of homes or for other special requirements. Men and women, regardless of how conâ€" scientious or faithful they may be, cannot develop their full capacity or worth if over them hangs the fear of insecurity or actual discomfort for themselves and families. The year ahead will not be without its problems. After m devastating war and world upâ€" heaval, Wrmality cannot come overnight and we have been left with a legacy of debt, taxation, regulation, inflation and other burdens. However, despite temâ€" porary setâ€"backs, we have made progress this past year and I look for it to continue. Possibly some recession will develop but in the long run its effect may be corrective and even helpful. Canaâ€" da is a favored country and our faith in its future is in great part our faith in the Canadian way of life. Despite its faults and inequalities, the way we live and work has brought a high standard of life to our citizens, better than would have any other system and, in addition,â€"despite the hard words of some criticsâ€" I think we are making faster proâ€" gress toward the elimination of faults and inequalities than elseâ€" where. Mr. Abbott said the reason he had stressed in today‘s decontrol statement that eviction controls would not be removed was that | this control seemed to be the most ‘important of the rental regulations 1in the minds of people who had written to the Government. ‘ There was no mystery about rent | controls. The Government had had lotters from every class of citizen making represcntations against any |proposal to make changes in the | ceiling or to remove control. 60,000 NEW HOMES BUILT IN CANADA LAST YEAR As well, most recent "guesstiâ€" mates" suggest that the carryâ€"over of unfinished houses in Canada in 1946 was not more than 30,000â€" possibly only 25,000. constant study and discussion. Alternatives have been put up and discussed." Government experts now believe that close to 60,000 houses were completed in Canada in 1946, The Financial Post reports. This would be exactly in line with the ofl’lMl goal; would compare with 47,000 houses completed in 194§. Mr. Abbott, pressed for an indiâ€" cation when some changes might be made, said he was not "prepared to make any statement as to when I will be ready to announce changes in rent control." ‘"‘We know rental controls will come off some time," he added, ‘"but we don‘t know when." Prices Board Chairman, Donald Gordon, who accompanied Mr. Abbott to the conference, said the board now was in the process of studying representations for inâ€" creases in rental ceilings but just when he would be able; 30 mak%ln announcement he could not Say. There was a mass of evidence to be studied. Mr. Gordon said the board had to sift through and examine the many, many proposals before a decision could be reached. But the final word on whether there would be increases would come from the Cabinet. The Government, actually had taken no decision on the increasing or lifting of ceilings on rents. They were, as were other restrictions, under constant review and there might be changes from time to time. Confidence in Future BTSâ€"47$