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PAGE SiX TEE CANADJAN STAT~AM. RÔWMANVITLE. flN'PAflTfl I ASSOCIATION HEAD WARNS: Banks Must Exercise Care Nof fo Boost O ver - A Il Total 0f Their Loans in Canada As long as the money supply remains fixed and the dernand for bank credit continues to grow, the chartered banks of Canada will have to exercise extreme care in the handiing of their credit facilities ta ensure that the over-all total of bank loans does nat increase.' So declared Ulrie Roberge, president of The Canadian Bankers' Association, at the Association's annual meeting here today. Mr. Roberge, com- pleting his second year in office, added however: "I arn sure I speak for ail chartered banks ,when I say that every effort wil be made to see that smail bor- rowers, including the personal YOUNG PEOPLE! Can you spare 2 to 4 hours a day ta acquire new skllls and knowledge? If you can, then... enroli et once for the SUMMER SCHOOL SESSION at the OSHAWA BUSINESS COLLEGE commencing, Mon., July 6, 1959, to Fr1., Aug. 28, 1959. Get FREE Summer Sehool bulletin glvlng full detais. *Act now! Enrolment llmlted Diai RA 5-3375 Oshawa Business College 10 Simucoe St. N., Oshawa borrowcr, wili rece'ive fuir treatment in this period of ie- creased demand for hmiîk cri!- dit against a static nioney sup- ply.', Reviewing what he described as "an unuistai period ini bank- ing". Mr. Roberge said that for months before the tuof uthei year there wvas little deniard for bank boans. although the banks were in excellent posi- tion to satisfy increased de- mands. This was desýpite the fact thet since last October the Bank of Canada had held the money supply under tight res- traint. Banks Sel! Bonds j"Suddenly"', contiuued Mr. Roberge, "at the turn of the year, the dcmand for ba'ik boans started ta increase and that trend bas continued. Faced with a static maney suppiy, the banks were forced to iquidate holdings of treasury bis aud goverrnment bonds ta put the- selves in a cash position ta sa- tisfy the demand for loans." j Obviously, be added, thI process couldn't continue ind e- finiteiy; the bank's supply of government bonds was not lim- itiess and, apart from that, "there is a limnit beyond whic prudent banking dictates no bank can go in the liquidatio'n if jts bond portfolio". Mr. Roberge continued: "cUn-i tii such time as those respon- sible for national monetary pol- icy decide, in the iight o! their appraisal o! relevant circum- stances, that same further in- crease in the money supply mnay be permitted, thc banks have no alternative but ta exercise thc utmOst care in the handling of their credit facilities, in order ta avoid any significant further increase in the over-ailitata] of bank lbans. Speaking of Uic Canadian eoonomy generaliy, Mvr. Ro- berge said many indices mndi- ROYAL a ..U PLAYNG.0.a. TRIS FRI. AND SAT., JUNE 12 -13 "Smiley Gefs a Gun" (obot) also W UINDA OARME[L Smiley at 7 and 10:10. Zoro at 8:30 NEXT MON. TO WED. - JUNE 15 .17 "Go d's Littie Acre" (Adult) Good picturization of Erskinc CaIdweJl's world famous novel. Two complete shows at 7 and 9:10 GERITOL The fast-acting tonie 1.35 - 3.29 - 5.49 Multiple Vitamins One-a-Day 1.40 - 2.50 - 3.95 - 7.95 Bathlng Caps 79c-1.29-1.59 Vacuumi Bottles Skolex SPECIALS 2 Ipana 63e size . 99e 1.25 value Lustre Creme 79e 2 Listerine Tooth Paste 49e Colgates Paste & Brush 89e Summer Needs D.T. Health Sait__.5.c Noxzema --- 73e, 98c, 1.25 Jergen's Lotion 33e, 65c, 98c Nivea Creme 39e, 69e, 1.25 Tan-gel for Hurns - 85e Noxzema Suntan 011 - 55c, Bronztan Ant Trap Raid Inseet Bomb 75e 85e Larvex Cream 6-12 Repellent 69c, 89c Bomb 1.00 F17 Tox Boinb 89c, 1.39 1.98 Polarold 24. New Tani - -___2.00 Tone Ray Tonette for Children-- 1.75 Glasses 4.00. 5.95, 10.00 Sunrite Glasses 50e to 1,98» Adorn Spray ____1.75 63c size Brisk Tooth Paste and Comb -.63e COWLING'S PHONE DUG STREFIT VA 3-5695 D SO E T RUSSES Weekly Report For the week o! June 1-7 in- clusive: Admissions ....... ..... 51 Births- 5 maie 2 female .... 7 Discharges 1.................. 64 Major operations ...1........... il, Minor operations ...........«.18 Emergency treatments .....17 Visiting hours 2:30-4:30 p.m. aud 7 ta 8:30 p.m. MORRISH Tuesday. June 2nd was an- other red letter day in the an- nals of aur village when the Morri.sh Women's institute held a banquet iu honour o! the Sth anniversarv o! this organza- tioîî at 12:30 P.m. in the church hall. This wvas a very happy eveut. the catering was in the hauds a! the Woman's Associa- tion aud ail present were baud in their praises of the excellent menu which was prepared, ofj turke 'v with ail the trimmings,I pickles. saiads, pies, ta, please an epicure, tea, Punch and a special anversary cake made and iced by Mrs. Edna Boswell, Part Hope. The W.l. was respon. sibie for table decorations us- ing the colours af the Institute and beautiful spring fiowers. A more detailed report a! this ga- thering will appear in aur local papers. Corsages %vere presented ta the three charter mnembers af 50 years ago: Ma-s. Mary Uglow, Mrs. Audrew Finnie and M.-s. M. J. OsI3,orne, by Mrs. Carlus Dickinson also ta the president of W.A.. Mrs. Helen McHolm, and Mrs. Harrv Beckett. The preparations for this occasion wrerc aIl well planned and from start ta finish was a great suic- cess. Congratulations are due Uic committees who gave o! their time s0 wiliingiy in aili dcpartments. by members a! Uic Women's Institute and Wom- au's Association o! Morrisb. Master Johnny Egas made and piaced four very life-like ducks of wood on the lawn re- cently. Next morning ta hie sor- row two heads had been chew- ed off, presumnably by doge, durlng the night. The ducks are now iioused ini at nlght. Measies are again going the rounds in this district. Many pupils are absent from aschool as measies come and go. Rather a poor time ta feel sick-though perhaps ta some childrcn exa&= are worse. Regular Church Worship ser- vice was held on Sunday, June 7, at 10 a.m. There was, an aver- age congregation. Rev. A. W. Harding officiated. A basket oi multi-coloured iris, lilac and tu- lips gave a touch of June beau- ty to the front of the pulpit and choir stalls. The children's choir [was smaller in number than usual. The sacred selection, «'Come Unto Me" was nicely rendered, Bonnie Fenton taking the solo part. The subject o! Mr. Harding's sermon was "Bea- uty af This Earth and Beautv of Character", from Psalms 90. "Let the beauty of the Lord our God be upon us, and establish thou the work ai aur hands upon us." Sunday School was held at Il arn. This was assistant's day, also the Sunday when one of the senior students takes over the duty of pianist for the mor- ning. Master Claude Harnes was given this honour and played very well indeed. Our birthday box is richer by five contributions, ail having a birthday this week, two teacif- ers and three juniors. Happy birthday ta you ail. The softball team of our pub- lic school met Canton team on Friday, June 5th, in a friendlyl game resulting ln victory for Canton. Buck up Morrish! You'1l win out some other day we trust. Business Direct ory_ Àccountancy RAY J. D1ELLING Certified Publie Accountant 93 Church Street. MArket 3-3861 rcated a recover v tram the re. cession. "Trhe recovery", hie add. ed. '"îs resting basically on con. tinued strength in consumer de. niandi and a revival of businesî jinvetitory." It seemed ta bi . iiimited to domiestic fields, ht 7remarked, and was net notice. ,able in the trend o! Canada's 1foreign trade. Balance of pay. ment position contlnued to givE cause for concern. Savings Hit Record Hlgh A highlîght in the banking picture. said Mr. Roberge, wasý that persoual savings deposits ln the chartered banks had hit an al]-time highi of more than $7.1 billion-"an accumulation of stored-up purchasing power that is particularly significani when the economy shows every sigu of a speed-up." To illustrate "the tremen- clous progress and growth" el the Canadian banking system, Mr. Roberge comparedi today's figures concerning certain pha- ses of bankiug with those af 1950, when hie became a meni- ber of The Canadian Bankers' Association. It ail added up ta the fact that "practically every- body in Canada is a bank eus- tomner". During the past nine years, he said, bank accounts have ini- creased fromn slightly more than 8 million ta about 12 million, and total Canadian dollar depo- sits increased. from $7 billion to more than $12 billion, Ini the sanie period, the chartered banks paid out more than $1 billion in interest ta savings de- positors, Mr. Roberge said. Mr. Roberge said that on Dec. 31, 1958, there were 1,531,569 loans on the books of the char- tered banks, apart from. mort- gage loans under the National Housing Act. Personal loans ta indîviduals for non-business purposes, together with boans ta farmers, represented 1,304,118 or 85 per cent of the total numn- ber of! bans. Aid Small Borrower' "This". suggcsted Mr. Ro- berge, '"is clear evidence that the chartered banks do net overlook the individual in their lending policies and clear evid- ence that the smafl, persanal borrower regards a bank as bis number one source o!f fnancial assistance."' To date. hie added, the char- tered banks have approved boans exceeding $1,117 million under the National Housing Act, aiding in the construction o! 109,000 new homes throughout Canada. More than 122,300 borne improvemnent Jeans amn- aunting to $127 million had also been made by the banks, Mr. Roberge said. To cape witb the lncreasing use o! bank services by more aud more people, in the past fine years alone the number o! bank branches bas. been in- creased from. 3,650 ta more than 4,700, hie said. Bank staffs bad been increased froma 44,161 te 62,409. "But", Mr. Roberge conclud- ed, "in aUl this startling growtb and devclopment ane factor bas remained the samie: the persan- alîzed service that Canadians have camne ta expect o! the banking system. That bas been maintaîned and, strengthened as millions of Canadians can attest. It la Uic determlned Policy a! ail banks and bank- ers ta keep it as aur greatest tr-adition." Viemorial Hospital G. EDWIN MANN, D.. Ofc-Chiropractor 15 Elgin St., cor. of Horscy St. Phone MA 3-5509 Office Hours: By Appointment Den tal1 DR. W. DL RUDELL, D.D.S. Office: Jury Jubilee Bldg. 40 King St W. Bowznanvlle Office Hours: 9 a.m. tao6 p.m. daily Closed Saturday and Sunday Office Phone - MA 3-5790 House Phone - Newcastle 3551 DR. E. W. SISSON, L.D.S., D.D.S. Office ihie home 100 Liberty St N. - BowmianvMie Office Hours: 9 a.ni. to 6 pan. daily Phone MA 3-5604 Closed Wedncsdays and Sundays DR. C. F. CATTRAN, D.D.S. Office 23 --4ng St. E. - Bowmnanville Office H ours: 9 a.m. to 6 pan. daily Closed Saturday and Sunday Telephone: Office MA 3-5459 Lea STRIKE and STRIKiE Barristers, Solicitors Notarles Public W. R. Strike, Q.C. A. A. H. Strike, B.A. 40 King St. W. - Bowmanviile Telephone MA 3-5791 LAWRENCE C. MASON, BA. Barrister, Solicitor Notary Public King St. W. - Bowmanvile Phones- Office MA 3-5688 Residence MA 3-5553 MISS APHA 1. HODGINF Barrister, Soilcitor Notary Public Temperance St. - Bowmaüvfle IL RICHARD LOVEKIN U.E., B.A., LL.B. Box 9, Newcastle jPhone Newcastle 2246 Consultation by appointment on ly. W. KAT LYCETT, HA. Barrister and Solicitor In the offices of R. R. Waddeil, Q.C. Main Street, Orono, Ontario Friday, 7 p.m. ta, 10 p.ni. Saturday: 9 am. to 5 p.mn. Mo rigage s SADIE HAMILTON - ORONO Phione 1 r 16 First Mortgage Funds Residences - Parms Business Properties Opfomeiry KEITH A. BILLET1' 3ptametrist 141 Kin1çSt E. - BowmianviUe Office eours: By a pointme Telephone MArker 3-3252 Monday to Saturday 9 a.ni. ta 5 Pm. Wednesdays: 9 to12 Thursday eVMnin Religion for Today Where Us God ? A Weekly TaIk By Bev. &R. R.Nicholson Men are constantly seeking 1 cast them ail a;vay God. We are so constituted that A.mong the clover-scented grass we long for God. He has madej Ambng the new-mown hay, us in Ris own image and for Among the husking of the corn, Hiniseif, and aur lives are not Where drowsy poppies nod, complete and harmoniaus un- Where iii thoughts die and good tii we know God and do Ris are born- wiil and live for His glory. The Out in the fields with God." Patriarch Job cried in his dis- The great poet Wordsworth tress: "Oh that I knew where found God in nature. He loved I might find Him." This is stil nature with an intense passion. the cry of men everywhere. He declared: Often it is inarticulate, but man "To me the meanest flower from bis very nature must seek that blows can give God. God la a necessity ta man. Thoughts that do often lie toa St. Augustine has weil said: deep for tear,-." "Thou, 0 Lord, hast made us He receive<i his poetic Inspi- f ior thine ownself, and we cal' ration from the contemplation find no rest until we find rest of nature. The his and dales, in Thee." streams, flowers and birds in- There are times in aur life, spired bis most beautiful poems. when we feel the need of God He wrote: more keenly than at other "My heart leaps up when I be- times. You wiil recail the ex- hold perlence o! Tennyson. When he A rainbow in the sky: was bowed down with grief nt So was it wben my life began: the death o! his friend, Arthur Sa it la now I arn a man; Hallam, whorn he dearly loved, Sa be it when 1 shali grow he cried in his anguish: old; Or let me die. "I falter where I firmly trod, The child is father of the man, And falling with my weight And I could wish my days to o! cares 1 be, t ahb aua Upnthe world's great Bouni eac k pnstairs uiety?" That slope through dark- Wordsworth found God in ness up to God,1 the world around hlm. The I stretch lame hands o! f aith, i flowers and birds, and the ro- and grope,i tund his and green fields And gather dust and chaff, 1were to hlm mani estations of and call i the presence of the omnipotent To what I feel is Lord Of Creator. ail, 1 But flot aIl men find God, And faîntly trust the larger when they seek Him in nature. hope." John Burroughs, who is con- Today men are seeking God sidered by many crltlcs the fln- in many places and in manv ______________ ways. Some are trying ta findi Hlm in the pursuit o! weaith and pleasure, and in the falles of sin. Others are seekinig Hlm in the reaim o! intellect, in philog-phy, in nature and the study of modern science. It seems ta me very naturai that men should seek God inî nature. We do not expect ta iind Hlm in aur cities, where vice, wretchedness, crime and uncleanness flourish. But out in the fields and upon the hilis, where the winds blow iresh and free: where the lambs are frolic.king in the green pastures; where the happy birds are sing- lng joyfuliy ta their mates onI their nests, and the bobolinks, on quiver.lng wings over the verdant fields, pour forth in rapture their tinking, tintin- featurin g SALADE blue sky is over ail. and biilowy clouds saili ike majestic ships' across the llmitiess expanse of beaven, surely there we shal find God. That is wbere Elizabeth Bar- rett Browning found Hlm, 'and filled With joy sbe sang o! ber wonderful experience in grate- fui sang: -1 1«1he little ceret that fretted mie 1 lost tbem yesterday, Axnong the fields above the sea, Among the winds et play. Thc foolish fears of what might happen. OBITUARY HIBBERT G. HUTCHESON A prominent resident o! Port Perry for many years, Hibbert G. (Bert) Hutcheson, died at the Port Perry Communlty Memo- ,ial Hospital Thursday, June . In his 88th year, he had been ailing for several years. Born in Bowmanville in Octo- ber, 1871, he went to Port Per- ry as a boy and entcrcd the employ o! the Western Bank as a youth o! 16 years. The bank later became the Standard Bank and still Jater the Bank o! Com - merce. In the banking businessj for more than 40 years, he held thc position o! manager for th e greater paît o! that time. He aiso served for 'a short time as manager o! the Standard Bank in Oshawa. Mr. Hutcheson served for many ycars on the Port Perry Cauncil. He held the office of reeve and reprcsented the municlpality at county council. He was acting cierk and treas- urer o! the village and also served as clerk o! Scugog town- ship at varlous times. For a great many years he was a mernber and tre rer o!i thc public blibrary boadu was anc o! Uic promoters o! the ,handsome libra'ry which stands -on Qucen street.1 During the war years, Mr. Hutcheson served as ration of- ficer for the village and did an excellent job in raising money In the village and district in the Victory Loan campaigns. A devoted member of the Church o! the Ascension for 70 years, the deceased served as warden and was active in the raising o! money and the com- pletion of the parish hall. For more than 50 years. Mr. Hutcheson was a member o! the Masonic order. He was a past district deputy grand master of Ontario District and was a mem- ber o! Fidelity Lodge, A.F'. & A.M., Port Perry and a life member of Cedar Lodge, A .F. & A.M., Oshawa. Mr. Hutcheson was predeceas- cd by bis wife, the former Blanche Adams, in 1948. His, only chlld. Mrs. H. H. Highlandi (Ethelwynne), predeceased him five years ago. nhe remains rcsted at the Mcflermott - Panabaker Funer- ai Homne, Port Perry, for ser- vice in the Church of the As- cension at 2.30 p.m. Saturday,, June 6. Rev. E. W. Fuller, rec- tar o! the church. eonducted the services. Interment was in Pine Grave Cemetery, Prince Albert. Pkg. of 60 bags - 2 Cup 73c 24-os. jar 47c Satin Brand Sunklst Oranges FREE aui1doz. Oranges WITH THE PURCHASE 0F 2 DOZ. 9 ail three doz. for 7 Sweet and Tender Corn on the Cob 6 for 35c Red, Ripe, Large Watermelon each 99c SAVE 20e Rothman's - Carton of 200 CIGARETTES s309 "FEATURE" Dole - Fancy - 20 oz. tin FRUIT COCKTAIL "FEATURE" Gxattuso - 16 oz. jar SALAD OLIVES- TH ERE'S Storage 33c 29c. - Shirts est of Amnerican nature-wrlters, did flot; find God in spite of ail his study and searching. He was an agnostic until the end of his long life. Yet, as Elizabeth Barrett Browning says: "Earth's crammned wlth Heaven, And every bush afire with God." Laplace, the great French as- tronomer, said he had swept the heavens with his telescope, and he could flot find God. But no searching without pre- paration of heart, will ever find God. God must first be within us before we can see His presence in ail things about us, and though we cannot actually see Him, the light He sheds around Himself, shows us plainly where He is. He who has not God within. will neyer see Hlm without.' Sc, the first step in realizing the presence of God is to open the door of our heart and let Him in. Where is God? He la every. where, and He is here. He is always with us. We are neyer - Repairs PHONE Kg 3.7061 PICK-UP AND DELIVERY LORNE McQUARRIE, Prop. WHRED -- ITE F OOD ST RIES ïii ý2;,Fl ýro zii -SHIRRIFF'HORSEYproeducts 1 15 os. Un 2 For 29c BEST BUY Delsey Toilet Time SI n Pastel Tints 2 ROUS 29c BEST BUY - ]Instant Milko Powdered Milk 3 Lb. Pkg. 89C 1Quality Meats Lb. 69C Lbt. 39c Fresb ground, extra lean NINCED BEEF 39c Swift's - 1 lb. cello PRENIUN FRANKS -45c Swift's - Sliced - Side- Rindless EVERSWEET BACON Lb. 63c Swift's Sliced READY COOKED KEATS MACARONI AND CHEESE LOAF PICKLE AND PIMENTO DUTCH LOAF VEAL, PORK AND CHICKEN LOAF CHOICE 4for99c ]Birds Eye Frozen Foods Sweet Green Peas, 12 oz. pkg. 22e French Frics, 9 oz. pkg-----.---2 for 39c Fillets of Ocean Perch, 12 oz. pkg. 3le A RED AND WHITE STORE NEAR YOU MAPLE GROVE - Maple Grove Groceteria KINGSWAY SUPER MARKET KING ST. - EAST 0F TOWN LNE ORONO - CornisF, Marketeria BLACKSTOCK - Blyth'fs Market Cliffcresf Cleaners 71 KING ST. EAST BOWMANVILLE Dry Cleaning BEST BUY - Fr. Canais Habitant Pea Soup 1 28 oz. Un Asored 9 oz. jar 2 For 3le Flavours Crabapple ____ ________ 4Ikg 35c Jelly 3 For 79c IT U«Fae duce Wax Beans Fresh Proq "FEATURE" Appleford's Food Saver - 100 ft. ral K.V.P. WAX PAPER - 29c "FEATURE"I Cloverleaf - Solid White Meat - 7 oz. tin TUNA FISH - - - 35c Boneless - 4 - 6 lb. POU HBAN ROAST Lean Beef, Boneless POT ROAST - "FEATURE" "Fresh Froni the Ovens" KINGSDALE BISCUITS Marshmallow Blossonis Bourbon Creanis - Custard Creams Assorted Delight 3 gs 85c or 29c a SUNBEAM BAKERY FEATURES Fresh ORANGE LAYER CAKE Ea. 59C "Fresh From The Ovens" DINNER ROLLS 12 For 27c i.j 71 - PACM SIX TEM CANADIAN STATIMUN. BONVIKAMVnýL& ONTARIO PFIUITIDCT% A NP *et-&Vlh ..ML - alone. Jesus said: uYet I amn flot alone, becauje the Father is with me." Tenny'son saya. "Speak to Him thou for he hears and Spirit with spirit can zneet- Cioser is He than breathing, and nearer than harids and feet."l The presence of qLod and the assurance that Hla salways with us, may becotne very real and vivid to us, if we think much about Hins. diligently study His word, reinder due obe- dience ta Himn and eiray ta Hlm earnestly every day. "Round about us like the sun. shine, Is our Heaven.ý? F'a±¶er's care, Warming, brighterdng, bless- ing, helping; God himself is eve-ywhere. In the daylight, in the dark. ness, We will trust our Father'a care, O'er His children ae watcli keeping; God himself 'is everywh(%e.u 1 - - . .. . . . WM. J. H. COGGINS Chartered Accountant Second Floor New Library Building Cor. King and Temperance Sts. Phone MArket 3-3612 TALE, PRIEDLANDER, HUNTER & CO. Accountants and Auditors Licensed Trustee in Bankruptcy 64 King St. E. RA 5-1621 Oshawa, Ontario B. L. Yale, C.A. F. Friediander, B. Com., C.P.A. MONTEITE - MONTEITEl RIEHL & Co. Chartered Accountants 135 Sirncoc St. N., Oshawa RA 5-3527 Bowmanville - Caîl ZEnith 45750 Partners: Hon. J. W. Monteith, F. C. A. A. B. Monteith, B. Com., C.A. G. W. Riehi, C. A., R. L A. <Lioensed Trustee) G. E. Trethewey, C.A. R. F. Lightfoot, C.A. Chiropractic 1 sa oirq 1 il