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ied L have got part of the job done now and Sollowing discussions with supervision tm stope rates on January 2, 1948. Other rates will be changed just as soon as facts and figures are avail- able to do so. § _ Bein: Made Now . ‘‘(a) .In the ‘underground operations uflomw iere are geveral distinct t#pea of contract work. These can be woken down into several categories. . gis g:. adequate information will perâ€" mit. At‘this time, sufficient informaâ€" tion has been analysed to allow only chaméé to be méae ifi the production work of hand mucked stopes. flofi pa.rt of fiand mucked stoping Shnee these investigations have â€"reâ€" W aees. where men réce‘ve difâ€" : ‘ ds for ‘equal effort, ‘the WY 1}38 decided that each part ‘ Tentative dates have been set for eorrectlng some of the other operation rates. It is hoped that changes in meâ€" dmnieafily mucked cut and fill stopes and diamond ‘drilling will be made by January 28th, 1948, Changes in drftâ€" _4 e mt Im. raising andâ€" stope development should follow by February 25th, 1948. Comparison of Old and New Rates â€" (a) The schedule of old rates in efâ€" fect for cut. and fill stopes are: cut (2) Btope widbh-- nonâ€"load muck â€"free #un fill. Brealdngtus per fion;_,Muclvdng_ogi@ Limitations of Changes fioas Shauld be corrected as ‘the collection and analyâ€" T# _ 045 â€"_ . O;10 $1.00 0.10 $1.25 Yale C ,».".i "»m | o'tf Tetal _ _ â€" #002 uw‘ () Stope widthâ€"12 feet l Waste left tor fin ° " i *4 Reiltnen_tation Not_- fieg@édf'l{ege ; ~Freeâ€" Our Best Wealth; Must St‘:fil }then Defence, Says Pres. C. H. Carlisle appropriation to Contingency . Reserves, $1,254,756 for Dominion and Provincial Income and Corporation Taxes and $214,766 for depreciation of Bank Premises, the net profits aggregated $971,678, an increase of $110,909.. Regular dividends of $700,000 left $271,678 to add to Profit and Loss Account. ' The Directors had decided to transfer to Reserve Fund $1,000,000,: placing the Reâ€" serve Fund at $10,000,000 in relation to Paidâ€"up Capital of $7,000,000, and. leaving Profit and Loss Account at $632,413., Total Assets had increased by over $20,000,000 to $360,524,610â€"a new. high; point. / Increase in Savings Deposits DépOS'i't”s"_ i‘ncregse'c:l' }iy over $17,000,000 to $323,000,000, showing a growth in the o oo oo h 1 0n n n g k l LW Es Bd 2. in an‘de of liabilities, s Loans Show Marked Increaseé _ Security holdings decreased by about $30,000,000 to $138,803,839, made up chiefly of Dominion and Provincial securities of $125,007,105, the former having declin by over $30,000,000. + Current Loans in Canada increased about $38,000;,000. to $127,584,597, of savings of the Bank‘s customers â€"of $23,000,000. Demand deposits were pracâ€" tically unchanged; Dominion Government deposits declined by over $6,600,000, Immediately available Assets, including cash, security holdingsâ€"and Call and Short Loans at over $211,621,000, were down but remained proportionately high at 63.94 per cent. of public liabilities. Cash assets inâ€" creagted to $64,331,000, or 19.44 pet cent. * /+ se 28 .l vew debxlxtatnong( Enrope as a resllt of tthe Con W socm k conf?und the®paople : Canada has nfit‘ need to balance our " in pR tion is acute. ,Our goveran theâ€"lead in p he of. us wxll not. m'hSB fi!e excs "Record Assets of $360, 524, 670, Increase in Loans De its, ~Gen.â€"Man. Robt. teports 77thâ€" Annual Meetlng of Shareholders _THE: DOMINION BANK All Citizens Urged to Aid i . Measures to Balance Our Rae said ‘that after making an ‘0:10 $100. 0A5 0.16 Trade Payments e 090 o4 : * g: of S,{freholders ION BAT'!’K of a mediu’m priced home was more" than Prod uction . twice "that ‘of.: preâ€"war days: costs: of wiinifig in ten principal miines. in Perinsylvania showed wage infcreases alone than in 1939,, Oil were 219.3 per cent. more t ptoducfion cost had: also ~materiallyâ€" inâ€" creased ; and to replace a locomoativeâ€"preâ€" \‘iously ‘purchaséd for 550000 would now . take almost f()ur times that amount wl 2 as io i Theseâ€"different 4 9@“ * 4 'bvmfifimlmmâ€"-the \~t0 quite an extent; being eatried on through ‘churches, â€" ducatima And unions. is yon : which: they advocate, whpreVer*tned j by Socialism, Facism, I\'nznsm or:Communâ€" ‘isms‘ differ: in thetr operations, â€" but they~ have one thing in commonâ€"regimentation. 4 â€" peoplecannot exiat wheneregimentaâ€" ; ,;Thére are: certdin. groups of h ling in free cimntries who, with â€" no.di al intention believe in a tate socialâ€" . ism, which is a state dictatorship; achieved â€" educational program, . ~ Ahe i io en t 2+ 034A schools, insfitutions of higher socializaâ€" ""BHas failed. It‘ xs eontrary to the contept of | ~free government. s Hl'w‘ub LCARZAL _ . uo M# p2 6 creased ; and" to replace a locomoative â€"preâ€" viously ‘purchaséd for $50,000 would: now o Cld riestein it ns :s take almost four times that amount. :: . Illogical and Uneconomical ‘"The demand which has existed for many years, and is now enforced, for higher pay and Tess production is iflogical, uneconomical, and adversely affects the welfare. of all our peopleâ€"and especially in progressive dégree, as time goes on, of the workers theselvesâ€" and is largely the cause of otir~ present inflation. The same tendency has of late become prevalent in the matter of executive salaries. Moderation and selfâ€"restraint are just asessential as in all other spheres."" . Mr.~Carkele ed ~the: reasons. adâ€" anced by t the: Resee rch Department of the C.C.F. for nationalising t‘hé Chartered ‘Banks, and.continued ; _ â€"..*‘The Chartered Banks and their branches give an adequate service throughout Canada, even in sparsely settled logalities. They give dej a powerful mflq‘én ceâ€"and my thought is that it will beâ€" mcreasmg pi'adfictx n and reducing costs Sterefiy afiilhg in extefldxtég both domestic and foreign markets. Su coâ€"operation would be collective developâ€" ment. The restoration of the value of your dollar depends almost entu'ely upon greater production and lower costs." _ Subsidies do not decrease the msts to the people as a whole, said Mr. Carlisle." "A subsidy. is not a. glft by the {» Govetnment. L.AH“ u" L“ gaoreign 1C°), W Derp yPe Li dllo~ .. \gbusing R‘;eq ast more stable â€"than in most other countfies. The Banks :are free fromi political control. Ouripeople have a greater protection, and freedom of choice; Baliks from which to choose §tbe siity-anfi ti. the CCF n eg;nxmeratéa tby,, the C.C.F. . Conventioh tario ion) as 4t Firstâ€"Te gra!‘t;v;; Mr: Carlisle said: Sm "While Gmrnmwtoa-o tion t gtwn ceértain of these results ma p;a o e and has, ‘indeed, been given‘ generosity over many year venyelabwateandf.f agedly expe £4 M ettable that no deper le estimate ; indeed, no estimate of any finfiffl § . 0146 ves ue ~*98 .“Q t"" .wwwmmmmx waWWWWNMMmm 1# people. Lenin, in his statement of policy states:‘It. is iniconceivable that the,Soviet Republic should:â€"continue to exist for a long period side by side with. Emperialistic States., Uitimately one of the other must ‘conquer‘. And again, ‘It is necessary to use any. ruse, ment of tnilth to.serve Communistic énds.‘ are the tactics used by Russia‘s boasted ~12000,000â€"Contmiumistic orpanizers in differâ€" "ent countries throughout the world.. Russia‘s unwarranted, use of the ‘veto‘ prohibited. the reâ€"estaMlisument and rehabilitation of the . devastated countries, . Her broken promises, her insulti ilg"zm.d-‘often untrue accusations of . former allies, her increased military power, her looting. ofâ€".countries over which she had control and the building of military forces [3 "Throughout history, there have been men who have had an inordinate lust for power. War was their weapon. The results, their own ruin, the smisery of their people and the devastation of ‘their coutstry. Men of lust have not passed. ‘The world is troubted with them today. The world‘s equilibriim and safety is in great danger. Russia is the principal factor in an ‘attempt at world domination. Her plan is now quite apparent. 1t seems a waste of time to attempt to harmonize the ideologies of. Communistic Russia with those of a democracy and! free « )“ people. Lenin, in his statement of policy §# k 3 s * 4 # 4 4 # 004 00 44 4 6 4 + # Â¥ e £~. £50. * m.;-‘ ..,3"0.;"‘ ,,‘.‘; q‘ "itczoooootcooooo006.00000003325,277,6’, 4‘:‘ "-.A * ..“..3.......3¢Jotr,..g......... 6’01",4, *h ~ , ".gooooooooétooo0000“000#0.’0*000000. 677 4“ rs é dlit, Acceptances and Sundry Other Liabilities.. . 12, 122,61 3 CEX ns n is n go and Provincial Taxes........... Threat of Power Lust n o en s 2e 1 Ti e x i 5 # i9. » Condcnsed Statementas at 31st October, 1947 Hand and in Banks, incl Bafik of Canada... . .$ 64 331,826 t with Minister of .. .. iss 40,394 maandmmtseme‘ ooooooaopooooopocoocooo 138803,838 m,.coaooooc 'oooooooooooooooocoa,ocpoooooooooooo 8’44’,633 Tatal Lisbilities so the Public,.............. s $342,892,257 e o s l.fl.. ;‘ ,000‘ q‘ 3’}:01500,0003000oooooooooooo o on $ P c#4 !' z j i «4 s jah e * > :‘Wcooooo‘goooog:.‘{l.‘rooooooooooooo uow oocoooooooéoooooooc“ooo#co;.‘-booooool oooo'oooocoooo_ooooo.ooooobbéoo s Lc dA > > ".'L....“....’.‘............. “"'-’f‘ _;4, 1, 31st October, 1947.4%, 1+ * , ambmon of conquest, the Ccareful bulldin ‘of a strong militars machxne, the infiltrat + af wellâ€"tragined: spies and propagandists: "by which the countries under plan of attack were weakened and. disorpganized. Again, our military weakness made a second war possible: "Are not conditions today almast identical to those to which I have referred?" World Shocked by Results of Communistic In trigue "We and the countries associated with us have not made. adequate protection for ourselves in building a dominant military organization. If we were strong there would be no war arising out of the present cand-‘ = tions. Devastated countries would be reconâ€" structed, their liberties restored and their people retumed to normal conditions, ‘The world is shocked at‘ the results, of 5("'0' is munistic propaganda and in -igu‘e;jp and France. 1t has brought these countree to the brin of Civil War,sanfl is undermx in theu' very emstence. m m mm A* ~*"Communism or any other kim cannot ‘give‘ you the freedor and: ph you now enjoy., It is yout privilege ind diity as an individual to protect your freedom. Foreign Exchange Position Acute "The population of a‘ cotintry is the fum total â€"of its indgviduials. â€" It is they who, in a free country, choose their government and establish ‘its policies. Today you have the privilege to act in common, whereby you will have the strength and power to.:choose beâ€" tweenYreedom and servitude." LITIES | a 0 6 0 0 60 6 40084000804 00049000 on t 4 + 6+ 8 $ 7,000,000 16,000,,, 632,4138 17,632,413 be 8008 5670 §$360,524,670 .. 271,678.11 $1632A13.19 1,000,000.00 $2,226,434.90 1,254,7 §6.19 I the present cond i-e trnes wotuld be reconâ€" s restored and their mal cond:fibns 3 rotect yaur freedom ‘rigd s# a 'r-’ L g