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Tramcar Post May Be Abolished in Stockholm Stockholm-On account. ot the in- creasing traifle in Stockholm the tram lines may be moved away from the center ot the fawn and be ex- changed for buses. It this is done we)? will be missed by all tihoge who use them for posting their let- ters, writes a correspondent of the Christian Science Monitor. All the tramcars have attached to the bank a letter box, whidh is pat on at nine o’clock in the morning and taken ott pt eight in me wetting. In place!) After dealing briefly with the situation in agriculture and the principal manufacturing industries, Sir Herbert referred to the plans which are under way tor a consoli- dation ot the principal newsprint companies in Eastern Canada, and expressed the opinion that the de- velopment though difficult ot ae. complishment was a constructive one and highly desirable it Canada was to continue to maintain the supremaey to which she is entitled by reason ot her natural advantages. Railways The appointment of a railway commission was mentioned with ap- proval and the belief expressed that such a commission should he cap- able of bringing in recommenda- tions which would in large measure solve the present very serious situa- tion caused by uneconomic competi- tion and duplication of services. The President stated “Savings to the country of from $60/75,f)()0,i)()0 a year are possible and this without impairment ot service to the pub- lic.” . T Pointing out that as long as other nations raise intolerable tariff bar- riers against British Empire goods it is necessary that the different parts ot the Empire should protect themselves by _ concerted action, he expressed hope in the results ot the Imperial Conference to be held in Ottawa, provideirearetul analy‘sis and close study produced a scien- tifie tariff structure which would stimulate reciprocal Empire trade without handicapping home indus- try. Before moving the adoption of the report Sir Herbert referred with profound regret to the death of Mr. Neill, after a lifetime spent in the service of the bank. "In his passing the bank has lost a wise councillor, his associates a loyal friend, and Canada an eminent banker and distinguished citizen." "rt the annual meeting of The Royal Bank of Canada held at the Head office in Montreal, both the President, "Sir Herbert Holt, and the Vice-President and General Manager, Mr. M. W. Wilson, were emphatic in their expressions ot un- qualified confidence in Canada. Sir Herbert Hows mature and world. wide business experience is refteet- ed in his statement, "I have wit- nessed many depressions during the course of the last titty years and I see nothing in this one which weakens my faith in this country." The tone of both addresses was one ot quiet optimism, exemplified by Mr, Wilson's remark, "While I do not wish to voice any prediction as to the date of business recovery, it will be very disappointing if an im- provement does not take place dur- ing 1932. The leaders ot politics and finance in the principal coun- tries are capable of bringing this about and the indictment against any who block the way will be severe indeed." The President pointed out that with quoted values of most securities well under their intrinsic worth, improvement could be expected as and when measures were taken which would result in a real return of confidence in the United States. Earlier in his re- marks he had referred to the splen- did record ot the Canadian banking system during a time when disor- ganization in timtnee was accen- tuating the depression in many: other countries. He expressed the) opinion that the relatively satisfac- tory position of Canada could be at- tributed in no small degree to the stability ot our banking 'iiirii'sii1i) tion and the way in which industry had been supported. I The success of the National Sen vice Loan watrreterred to as a not- able achievement. He stressed the fact that both internal and external revenue had been reduced by the decline in the activity of trade and that excessive expenditures by gov- ernments and municipalities had placed a heavy burden ot interest payments on the people. "There never was a time in our history when it was so necessary to avoid extravagance ot every kind, and governments, Federal, Provincial and Municipal, should follow the splendid example set by the British National Government in reducing the cost of administration and bal- ancing their budget." Closing his remarks Sir Herbert said in part: "It has been said that it is darkest just before the dawn, and in previous depressions condi- tions have seemed most discourage ing at a. time when improvement had already set in. The violence of the depression must ot itself tend to produce a strong reaction. It may well be that the gold countries are “While t do not wiSh to voice any prediction as to the date of business re- covery, it will be very disappointing if an improvement does not take place in 1932."--M. W. Wilson, Vice-President and General Manager. “I have witnessed many depressions during the last fifty years and I can see nothing in this one which weakens my faith in this oountrr"-. Sir Herbert Holt, President. Unshaken Faith ht Future ‘ Of Canada Expressed at _ Royal Bank Annual Meeting imperial Conference Pubiia Finance i Mr. Wilson pointed out that the . Bank’s foreign branches have never been allowed to expose themselves Ito risk ot loss through exchange ':m1etuations and as a result their experience during the last year had been entirely satisfactory. l Commodity Levels i The General Manager expressed the opinion that the restoration ot commodity price levels to the basis of 1924-1928 was essential to a real- ly satisfactory recovery in world business. He made favourable re- _ferenety to the aztti-defiation mea. ‘snres now being considered by the United States Congress and. felt Ithat they Justified the hope that corrective forces would soon be at work in that country. Business Psychology _' "As the depression continues the factor of business psyehology is one lot constantly increasing import- ance," Mr, Wilson declared" Dis-, trust and Jack of eoniidemeo are , largely responsible for the extremes ito which world business has gone. He indicated that we in Canada had been particularly fortunate in this respect and said, "Confidence in our country and in our ability to solve the problems that present them- selVes is' above the average and in my opinion is amply justified by our .past record and future prospects." iLack of international confidence lwas the mainxobstacle in the way ito world-wide business recovery. iMr. Wilson went on to express the' f opinion that confidence could be re- _ stored by eo-operation between the leaders ot politics and finance in ‘the principal countries: Signs are not lacking that progress may be made along these lines and" this formed the basis for his statement, "While I do not wish to venture any prediction as to the date ot business grecovery, it will be very disappoint- ing it an improvement does not take place during 1932.” ' Mr. Wilson pointed out in vigor- V 012s terms that we must not get into It 6 frame ot mind in which we jthink of losses as pertaining to all V business aetivities., The majority H.'.?!, holding their own, he declared, and .while reduced earnings for the time being may be inevitable, we should be gratified that in this period of transition a great majority of our Canadian concerns are more {than covering operating expenses :and our agricultural population is l staying on the land and maintaining the acreage under cultivation. Clos- I ing on a note of optimism, Mr. Wil- l son said, "There are signs ot stabi- glization in a number ot directions, our physical assets are being kept intact and, with reasonable econ- omy and hard work, we shall f1m1 _ that Canada will be one ot the first countries to feel the good results 'ot business recovery." The'liquid position of the bank was maintained at substantially the same ratio as a year ago, quickly realizable assets being more than 48% ot liabilities to the public. In referring to the enviable record of the Canadian banking system dur- ing the period ot world depression, Mr. Wilson said: “Once again the ability ot the Canadian banking sys- tem to take care of the needs of the country has been clearly demon- strated. The type ot organization under which they operate enables our banks to take a broad View of the transactions that come before them and I think it will be admitted that the disposition has been to deal with problems in a sympathetic and constructive manner." Business in Other Countries “Entirely satisfactory," were the words used in describing the bank's experience during the last year in the foreign countries where it operates. new on the verge ot a rise in the price level. With a sound and strongly integrated banking system, no important investments in depre- ciated securities ot foreign govern- ments, an industrious and virile people who have maintained their morale unimpaired, and with a sys- tem of government permitting prompt and decisive action, Canada is in a relatively satisfactory posi- tion and we are Justified in looking to the future with eontidertee." . General Manager's Address Mr. M. W. Wilson, Vice-President and General Manager, stated that maintenance ot the Bank's assets at a figure as high as $825,000,000 refteeted not only the conservation ot existing business but also the acquisition of new and desirable connections. He referred to the substantial over-subscription of the Dominion ot Canada National Ser- vice Loan as an achievement of which our government and Cana- dians generally may well be proud. Strong Liquid-Position Maintained where many tram lines page there is a post-office employee standing, who empties all the boxes every time the tram passes and puts them in a letter box on a tramear that passes the General Post omee. Here another employee stands and em-. pties the boxes and puts the letters into a chute in the post office, which carries them up to the ciearing room. This is a quick and reliable service and the letters very often reach their destinations earlier than if post- ed in an ordinary letter box. Hope makes a man live, but does not nourish bim.--lommerson. "The thing was looking a bit un- canny, but on the fourth night surprise gave way in a few minds to suspicion when this lady’s number again was the correct one. " 'I obieet,' cried out one man. “This lady is sitting at the Captain's table.” "Not only an objectionable but a stupid remar1r,".explains the skipper, "tor in the Atlantic we get such quick changes of weather it is impossible to forecast the run, and the captain and officers do not know any better/than those who are gambling omit; Other travellers, of course, realize that and on this occasion the objector was in: stantly squashed." "I dare say she cléared nearly a' thousand pounds' "about '65,i)i)iVthen) Talk About Luck "On one passage of the ‘Maure. tania' to America," yams Captain Ros- tron, "there sat at my table an Eng- lishwoman. I didn't even know she was going in for the sweep (on the day's run). However, she went up and obtained a ticket. That number won. The next night she bid tor and obtain- ed another number, and again it was successful. Rare enough to win twice, but lot. on the third night her number won again. "p ..¢ But, would you believe it, .such was the lady's run ot luck, that on the fifth night, againshe won! . ', The tietion editor of a famous news- paper organization told this story: Among his contributors was a we- man who, for years, had made a good' income by writing popular serials. Her stories were of the sensational type with a dash of the risque thrown in as spice. She had been left a widow with three young children to provide tor and her only asset was a gift tor turning out "tmrillerts." on the trip," says Captain'Rostron, but before leaving the ship, she gave away all her winnings in very generous tips and donations to the sailors’ charities. "The same lady crossed back, I was told, on the 'Aquitania' and she lost every night," adds the captain. tA sidelight on the difference bo. tween modern conditions at sea and those of the old Windjammer days is reflected in a story told by Sir Arthur Rastron, Commodore ot the Cunard fieet until his recent retirement. The 'Mauretania" on the trip, was bringing over some poisonous snakes in charge ot a keeper who managed to get him- self bitten by one. The ship's surgeon attended him and did what he thought best. Bat as a precaution, a wireless was sent to the curator ot the New York Zoo, explaining the position, the species ot the snake, and the treat- ment that had so tar been applied. "And," says Captain Rostron (in "Home From the Sea?) "we received 1,200 miles from land, that curator'8 answer, 'Your treatment correct,' with- in seven minutes ot sending out the request!" At this she proved most successful and was able to give her children a nice home, a good education, followed by desirable marriages tor her two daughters. The youngeét ot the three ehildren--a bor-was attending a tay hion-able boarding school. There a copy ot one ot his mother's books was found in his room. He was baled be- fore the headmaster and questioned as to how and where he got it. The boy refused to disclose that his mother-- who wrote under a non de plume-was the author. And so he was well tlog- ged for having it in his possession. Circumstances alter cases, so that when Hamlin Garland, in his younger days, found himself. a father with a daughter to consider and a successful novel well launched, it is not surpris- ing to learn be counted the days of "controversial writing" at an end. "As a householder, I was in league with the capitalistic forces ot society,” he says in "Companions on the Trait," “Like the Irish reformer, I found my- self changed. Which recalls a story about that fine old crusted Socialist, George Bernard Shaw, who at the close ot an address on his pet doctrine one evening, in- vited questions trom the audience. "Pat," said the Judge, 'it you had $200,000, would you give away half?” ‘I would that." "It you had ten horses, would you give away five of them?" "Sure I would." . "It you had two goats, would you give away one ot them?” "I would NOT-I have two goats." The married daughters learned ot the incident, and, at a family council it was smugly decided by them that "mother mast stop writing this kind ot tripe." As mother cou‘o no other profitable work she was at her wits” end to know what to do. The boy Mill had to be provided for before being sent out into the world, to say nothing of her own future. It was at this stage that she called upon my friend, the tie tion editor, who had for years bought all her stories. _ of more than. one thousand pounds (then about $5,000) a year?" asked a sympathizer. "Good gracious, no," replied Shaw. "Why, I have more than that myself." I’ll say he has. . "Don't you think that no individual should be allowed to retain an income What was she to dot" The quaint circumstances under; Reminiscences To the society debutante it is the scene of the. delightful trepidation of presentation at Court. To re- eipients of honors it recalls the pleasing ceremonies of investiture. To many' thousands it conjures up visions ot royal garden parties in July. To the more _ select few it stands tor state dinners and state balls. To minffteis it must remain the place ot receiving ‘the seals ot "Well," said the stranger, "yoa're a civil chap, so here's something far you," and pressing halt a sovereign into the peers' hand, he departed." "Lord Warwick used to-wear the coin on his watch qhain," adds Lady Warwick, "and often declared that he had never earned money so easily.” To children it is the immense and mysterious house guarded by red- coated sentries of almost inhuman magnitieenee tutts-pufCbility,. it is also the mace whence on occasion the King appears .in full glory of regal raiment in a gold coach, and where on many days the band plays and the guard is changed. Te us an it is the centre of irre: sistiblts attraction at times of na- tional emotion' which we wish 10 share with our Sovereign, whether it-be anxiety; like the night of Aug- ust 4th, 1914 (and, indeed, during the, King's illness in 1928), or joy and relief, suches we experienced on Armistice Day, Or simply the na- tiohal holiday feeling ot festive oe, casions sueh'as ttdal marriages. The republican; the crank, the an- arehist, the revolutionary, may pour out his frothy torrent in Hyde Park or on Tower Hill, but when we are really moved, when we wish to ex- press our truest feelings, we go neither to Hyde Park nor to Tower Hill, we inevitably go to call (it we may use the expression) on our King, and that call is made at Buck- ingham Palace. Great is our re joicing when he and his family Show themselves on the centre balcony facing the Queen Victoria Memorial. At such times we feel the throbbing of the true heart of London. .---Lieut...Col. John Murray, D.S.0., in The Quarterly Review. which the late Earl ot Warwick 011,9 received a tip from a American tcc:- ist, are related by Lady Warwick '.r, her memoirs, "Diseretions." Her ham,- band, she says, was out early 0:9 morning at Warwick Castle examigiug some favorite flower. when the Ameri- can approached him, saying that he wished to cross the river Avon. Afraid that his voice would betray him, Lord Warwick mumbled that he had been there for some years. Buckingham Palace off1ee . and again. Lord Warwick was amused, and not wanting to embarrass the man, said nothing and did as he was asked. In about half an hour, the American again hailed him, this time from the opposite bank. "Look sharp," he cried, “I want to get back.'" tr After Lord Warwick had brought the ferry back, the man thanked him and said: "It's a fine place. Been here long'."' Buckingham Palace stands alone as the embodiment ot the present Hiving monarchy. It is true that King Edward VII died (as, indeed, he warborn) there; but otherwise the Palace is associated entirely with the lives of our sovereigns and their work. It is, so to speak, a liv- ing centre ot emotion rather than in any way a monument of tradi- tion. "Just work the terry for me, there's a good te11ow," said the stranger. We walked along together In the lifted morning air And I was keen with wonder To hear the grasses stir. There were wildsome colors tangled At the white road’s turn and tall, And a tree woke battalions With the dew over it all. In the years will you remember How we watched the wide stream fiow . From the bridge, and how we sighted What was on the bank below? Where the damp crept from the river How we marked that distant red And the bravest thing that morn- tng-- _ “It’s a robin there," you said. ~E1eanor O’Rourke Koenig, in "Two On An Old Pathway." Morning Walk With a Little Girl ot deliv?iriirg them up Quality has r.,.,,..,.,.,,,,.).,`..., substitute Ancient Wall is Excavrted Berr1n,-Seho'lam of the advanced classes of the high gehool ’in Pan- kow, a part on greater Britaih; took advantaged their autumn-vacation to excavate an ancient wall in Ber- A jet black horse Walks slowly home From toil; His head is bowed And he lifts his! heavy feet With effort. 7 " back of him The low sun is a golden disc Of glory, ' , Shedding long bright rays V Out into the clouds Ot rase' and lavender. Travel is continuous throughout the year to the South rim of the Grand Canyon, but Winter seals the North rim which is 1200 feet higher, for months on end. Through Pullmans over the Santa Fe Rail- way approach within 100 yards of the Canyon edge, South rim, and it is but a step to the informal comfort and crackling fireplaces of El Tovar hotel. Snow, when it comes, may lie thick in the pine forest, but it rarely interrupts the motor" drives along the rim roads, and not often even the thrilling saddle trips down the inner-Canyon trails. As one rides down and down, the snow thins out and gradually disap- pears. Imperceptibly one passes from the crisp cold of the upper world to the hints of spring at Phantom Ranch, 5,000 feet below. i The Grand Canyon is one of the most glowing jewels in Uncle Sam’s famous chain of national parks. For weeks on end, in midwinter, the Grand Canyon glows under brilliant sunshine and blue sky. But when snow does come to the Canyon rims, as it must do at any elevation of 7,000' feet in this lati- tude, then the visitor may witness incredible scenes like this. FORTUNATE, indeed, the traveler who stood beside the camera man as he caught this dramatic winter battle of the elements in the Grand Canyon of Arizona. flaw/r A BATTLE OF THE ELEMENTS AT GRAND CANYON 's'R.tr1SE '-Elinop C. Woolson SKETCH 'resifttt A, garoé/Is” To keep the ministry ot the Church ot England up to its average strength 630 new ordinations are needeireveby year. At present there is a:sihortage ot nearly 1,600 priests: _. lin-Blankenfelde. . The wall dates from the so-called Lusatian period, 1500 to 1000 BC. The excavations were conducted under direction ot Dr. Kieekebugeh ot the Brandenburg Provincial Museum. _ Store Manager: "What do you mean by arguing with that customer? Don't you know our rule? The cus- tomer is always right." ‘Floorwalker: "I know it. But he insisted that he wasrwrong.” yf2.%Tr?iW.y:i?i4p?iKr?iiyy?.?.??. :9airway:{52;a»:-:-:>:r.-:>:+:-:~x- Hard io Convince f; Construction has already com» menced on some ot the important Western projects, while others will be undertaken in the early spring, such :as the gas and coke plant at Fort Wil- lliam; the auditorium and Salter Street bridge at Winnipeg; the building ot 10 imiles ot water mains at Regina; the ‘new bridge across the South Sas- katchewan River at Saskatoon; the possible water line from the South Saskatchewan River to Moose Jaw and other points. Development ot the Big Bend power on the North Saskatche- wan River east ot Prince Albert is be- ing given careful consideration, as also the completion of the new water sup- ply for the city ot Calgary; the pro- posed investigation of possible power development on the Athabasca River, north-west of (Edmonton; the con- struction of a trattie bridge over the Fraser River near.New Westminster; the large watersupply project for the city ot Vancouver, which entails the laying ot water mains under Burrard Inlet, and the further investigation in.. to the power proposals at Campbell River, Vancouver Island. These and other matters under consideration would Show that at the beginning of 1932 there is someireasonable fustifi- cation tor looking forward to another active year ot construction work. _ Upbuilding Agricultural programmes are all for expansion, and some interesting,work is being done in conjunction with vario ous associations in building up dis- tricts in all parts of the West. An or- ganization operating at Lethbridge with the sole purpose of increasing all classes ot crops and livestock and in the development of industries that will bring about the production and mar- keting ot such products. Similar de- velopments are in progress in all the Prairie Provinces and in the various sections ot Alberta, Saskatchewan and Manitoba, as the climate and class of land tend to create the best results for certain well defined agricultural activi- ties. Never was greater attention given to the necessity for the produc- tion of better grade articles and econ- omy in manufacturing than at the pre- sent time. Every phase ot agricul- tural work is on the upgrade and a successful outcome to this industry. in anticipated. . H Expansion in the mining industry fr, possibly dependent to a great extent on metal prices and, therefore, it is diffieult to say what programme can be outlined for the present year. Ex- ploration work, will undoubtedlrcon- tinue; as great interest is taken in the prairie mineral belt, which so far has had only very cursory examination. In British Columbia the situation is, ot course, continuously progressive, and 4 General business. throughout) the, Christmas season was of good volume; and, although there should be some slowingdown after the holidays, peo~ ple are buying, thus assisting in the retum to a more normal trading con- dition. Altogether the Western situa- tion is holding its own and antieipab, ing steady improvement. Vere is little doubt but that progress will'go on as has been the case for so many years. There is hope that'the situation will materially improve by the close ot the winter months. ' F First-class Iailoring is one of the tew professons in Which women have made very little progress. Goodness ot education is to be test. ed by the capacity top using know.. ledge-by the extent to which the knowledge gained has been turned in- to faculty so as to be available for the purposes of lite, and for the purposes of independent investigation. --Her- bert Spencer. Finds Infected Mice Live T V Longer if Kept on Move Miss Katherine Watson, graduate student of New York University, who tor the last seven weeks has been experimenting with 180 pedigreed mice, announced recently that the re- sults of her experiment indicated that increased activity on the part ot a rodent gave it greater resistance to infection. Although only six ot the mice are still alive Miss Watson be- lieves that those whch were kept active after the injection of pneu- mococcus germs resisted pneumonia better than those which Were seden- tary. With the New Year's promise of bets ter times comes the realization that in trade expansion the place of this Do- minion will, as always, be in align- ment with the well-being ot the Bri, tish Commonwealth of Nations. Be- cause of this, and the ability of the Canadian people, continuous progress is assured. Miss Watson is not ready to apply any ot the results ot her experi- ment to human beings, but she would "like it very much it some doetor would try a similar experi- ment with human beings in the re- sistance to colds.” Industrial Outlook In Western Canada By John F. Sweating, Industrial Cons missioner, Western Lines, Canadian Paeitie Railway. The experiment will not be tried again, said Miss Watson, who will become a teacher of physical educa- tion after she receives her doctor’s degree. She said she had become fond of the mice, one of which she had planned to save as a pet, but which died after being innocalated by mistake. _