m-- Tires for Paris Busses 18 His Worry ECONOMIC SCENE Sub'as Generator A business man tells of a friend who said to him one day: "Life-- well, it's just gne trouble after an- other. But I'm going to try out a new scheme . ., I've just engaged w young man, and whenever I have a worry I'm going to pass it on to him, and he'll have to take care of it" "That's a good idea," said the other. "What are you going to pay him?" "Well," said the friend, "I rec- kon that's going to be his first worry." HOLD EVERYTHING CROSSTOWN By Roland Coe BANKERS REVIEW CANADIAN The Burma government is seek- ing a submarine with a view to solving the present shortage of electricity, Rangoon radio reported. A submarine, it said, could gener: ate current for a large section of Rangoon. ! Rubber tires from Britain will help put 1,000 Paris busses back on the road before the end of the year, as a result of a French agree- ment with British tire factories. HOTEL METROPO All Beautifully Furnished With Running Water. Rates: ; S150 ap NIAGARA FALLS OPPOSITE WITH MASTERLY SKILL os « Maxwell House Coffee is' blended from rare extra-flavor coffees. More ; 4 people buy Maxwell House 'than any other brand of coffee in the world, Have C.N.R. STATION Es-------------------sus you tried it? a .- oY HORIZONTAL Answer to Previous Puzzle 10.Supp.ies of 1,5 Depicted ammunition, American L 15 Organs of : heroine, hearing. George W. Spinney, president, and B. C. Gardner, general manager, who © 11 Area measure. 17 Behold! addressed shareholders at the Bank of Montreal's 128th annual meeting. 12 Ells English 19 Drop. . = } : (abbr). 21 Sloped. | fl hi P 13 Extent. 24 Regains nilaionary rressures Greater 14 Negative. possession. ' ° 15 Age. 26 Broad piece of 16 Veranda. cloth. : i Now Than During War, Declares joes aT ot so. | : i ° "And just a year ago I thought I had to go out with him to protect 20 Skills. S 30 She was the . Bunk 0f Montreal President him FROM the other children!" 22 International heroine of the language, Revolutionary . . 23 Symbol for : Battle of --. ne "Sorry, ma'am, I'm offa pie -- George W. Spinney Tells Bank of Montreal Shareholders Of 2 Justin, 3 Musi note. 56 Shs 34 Saas Hil, ee alt many calories!" 1-1 i . evada city. nsert. rn). obs 0 tawny Anti-Inflationary Needs ON THE HOME FRONT By C. Kessler 25 Staggers. 42 Essay. 57 Editor. (abbr.) Se Napow sea | Warming, nlets ? "Yes, But..." GENERAL MANAGER B. C. GARDNER REVIEWS MOST GTS ET + J aL oil Se "Concer mid the grim-faced ACTIVE YEAR AT 128TH ANNUAL MEETING -- (abbr). 47 Dawn (comb. VERTICAL (abbr). ondue = said the Be fs HIGHLIGHTS BANK'S LOANING POLICY 29 Exclamation. - form). 1 Spoiled. - 41 To worship. biog h: " or ig ! i ded 80 Mire. 48 Portico. 2 Make a speech 43 Different. [4] 1¢ platiormm o 1 Crow i . 0 Th v2 a. . b ; 45 Half refix get off at Rajput avenue?" Montreal, told shareholders at their recent 128th annual meet- 33 Mineral rock, income. 5 Friend. 47 Half an em. ' "Yes, but----" began the con- ing that inflationary pressures were probably greater now than . 34 Iron (symbol), 53 Herman 6 Angers. 50 Decay. ductor. ® sinped it any time during the war and urged continued voluntary re- 36 Symbol for (abbr.). 7 Call. 51 England Pont: sske. exdyses!! suappe straint as a means of offsetting this danger to the nation's econ- tellurium. 54 Credit (abbr.) 8 Islet. (abbr.). the lady. "I know all about your TN ao he . i 5 ] 37 Born, 55 Sign. 9 Come in. 52 Before. bus being crowded and that you omy. He declared that it was desirable to have some of the war- : ; con't be eupecied to demember time controls remain in operation, but that these controls should TE) > a 5 16 17 lo 5 110 where each single person wants 10 be constantly watched to make certain that they do not inter- i° gle | ; J ) 4 get off." fere with rapid reconversion to peacetime economy. : n es 13 "But--" } Speaking at the same meeting, B. C. Gardner, general PERKINS, CALL UR THE * i, "Don't argue! You may be sure manager, reviewed the most active year in the history of the PRODUCE EXCHANGE Is atid 7 19 i' 1 shall report you for your im- bank and told. of the B of M's contribution to the financing of AND ASK THE PRICE GS) -- i Riis dh width the war effort and of the many "human relationships" arising - OF GRADE A 20 2 Grd EX "When hy the bus, started Gua, Abe out of the financial problems of customers, both of large and EGGS'/ 25 26 © - A vonductor touched lis cap and small means, particularly the latter. . ag called to her: . Stimulus to Production recently released annual statement, . - 26 29 3 AE "Excuse me, madam, but Raj- Mr. Spinney said he knew of no |He noted also that deposits had | ; ! y vid prt avenue's half a mile farther better stimulus to. production than | reached a new peak at $1,613,429, A Sl 32 S 4A on." Lesliny competitive effort, free i Guest Soe yeu, an Herease of : i . } rom unnecessary restrictions, | almost $200,000, over last year's ' 3 5 seeking" to fulfil the myriad desires | total. Quick assets for the bank : 3% [5 | 36 e 37 38 [39 | pty THE SPORTING THING of consumers at home a b were reported at $1,464,326,000 and EY i. , | t home and abroad. 3 40 : 3 "A rer before," he said, "Ca- | holdings of Government and other ' ad Ae 42, a3 x? he nore; Vo SAIC | Secu iit at a total of $1,117,938,- Sink ! nadian business and industry in h A d lS Hs 4 a PAV VTS v the years immediately ahead will Pop, Here Announced ar ¥ 1 HEE |e. ANS need men with. new ideas and Alec Bl yo hire Wop | SHINE : : J thet Sac, to put' these for commercial loans. the bank also 2540 5) ty 7 53 liens nto eleat." ren made some purchases of securities & : 2417 . Speaking of social security pro- | he open market, thus helping to i id ol ad 56 i: 57 jects and suggestions, Mr. Spinney | maintain a ready market for Viec- . 4 A, said it would" be very nice if "we tory Bonds and other government 55 59 1 could all live on government securities in the hands of the . cheques, but life on this planet be- : oy A AAG EN a MY os Fw a ATTRA er i eng SEAS Siig ug LA Et re na cos IR XE -- "Well whadda ya know! glass!" It was Still Believes Him In their younger days they had boon sweethearts, Now there was ¢ilver in her hair and snow on his as they sat and talked of "those long-gone times--their first kiss, their first quarrel, their last kiss thor last quarrel. Gradually the glamor of the past held sway, and the old man said: "Av, Maggie, T have never for- gotien you, I've never loved an- other!" "Andrew," she réplied, with moisture in her eyes. "you're just as big a liar as ever--and I believe you just the same!" THE SPORTING THING "Do you have an appointment?" He Did It «.A man was being tried for mis- appropriating a pig, and a con- scientious witness, to whom the accused was said to have confided, was being examined. "Can you repeat the exact words in which the prisoner confessed to taking the pig?" asked counsel, "He said, sir, he took the pig." The judge then tried to simplify the question, Did the prisoner say, 'He took the pig, or 'I took the' pig'? "Oh, your Honor, he said he took it, Your Honor's name wasn't even mentioned," ing what it is, someone has to ~plough--and reap, to plan and build. to exercise qualities of initia- tive, foresight and daring; and only this totality of productive effort can provide a real and enduring basis for material welfare and eco- nomic security." "Nothing could be further from my intent," he continued, "than to argue that social security meas- ures are without value to the com- munity, but," he added, "we would deceive ourselves ana others if we accept and promulgate the idea that sccurity can emanate effort lessly from government, acting in the role of benevolent and boun- tiful provider. Government can distribute no benefits that indi viduals through their labor, do not provide." - Problems of Peace Canadians, both those in the fighting forces and those at home, had a right to be proud of their mighty war effort, he said, adding that after six years of corflict a certain amount of war weariness was not unnatural. "But although we are war weary," he continued, "the problems of reconstruction will not bide our time. The post- war era about which so much has been written and said is no longer a theoretical abstraction, The post- war is here and now; and with it comes the realization that, in its own way, peace will make its de- mands no less than war." New Peaks Recorded A new high in total assets of $1,715,034,000 was reported by B.C. Gardner in a review of the public. He made it clear, however, that the function 'of the bank as a pur- chaser of Government securities had arisen from circumstances largely beyond the bank's control, in that the wartime expansion ot industry had been accomplished largely through direct Government financial assistance and without the aid of bank credit in form of loans. "We are hopeful," he said, "that as industry resumes its normal patterns, and as civilian business replaces government contracts, the lending function of the bank will take on increasing importance and scope." Personal Loans Increase. He noted that there had been a welcome increas in' personal loans and stated, "It is not our policy to encourage people to incur un- necessary debts but we believe that our personal loan .acilities may play a useful part in a well: ordered financial programme. and may be used by borrowers in a manner fully consistent with the principles of thrifty and. sepsibles management of their affairs." "This. bank does not deal in money alone. In our day-to-day dealings our managers and staff are concerned 'with 'the many hu- man relationships arising out of the financial problems of our cus- tomers, both of large and $mall means, but particularly the latter, who seek assistance from a reli- able and trustworthy source." Mr. Gardner said that the prob lems of the returning war veterans were receiving-special and synipa- thetic attention, THAT PICTURE. 15 "A FAKE -( COME ALONG | AN'I'LL SHOW YA MUTT AND JEFF-- As Usual, It's Up i Me to Give 'em a Merry Christmas ust | Son me] CHARGE IT ON |f WAT (0K. ER--JUST E Ya) MY Account! By BUD FISHER' A College of ~Acronautics for ' post graduate-instruction in aero- nautical science and engineering is to be opened in the United Kingdom early next year. lieve that cough NOW before it be- comes serious, COUGH Fists pa POP---Pop Seems to Be About Normal 7 DO YOU ENJOY GOOD HEALTH? ee - = - .ByJ. MILLAR WATT - I CAN'T SAY T ENJOY BAD HEALTH