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LT5UR5DAY, DEý. 11h, l M1MMMW155.- rTPU Business Scene Brighfening Des pite Some Unemployment Sris Head of Commerce Bank Thcommercial and indus- irîaT'àene is brightaning, de3- vIIte the indications ai wintar tinemploymnent", Neil J. McKin- 3Lon. president et the Canadian -Bank et Commerce, told share- helders ln annual meeting Dec. Mt. "The new year saems ta hold promise for mest lina; et roduction and most ragions et POur country." Ha declarad, however, that "a climate ta in- duce individual effort and pri- vate lnvestmnent is essential for Gros; national production 4his year is expected to be Iractonally ovar $32 billion, e*bout 2 per cent highar than 'In 1957, but et appraximately Iqual physical volume becaust- ý4>f hlgher prices. Expert trade ýbias been well maintained in ý1958 and should hold up in ;»59 Jf, a; is expectad, United '-tates business racovery is sus- 'talned. Imports. principally et ýrnachlnery, have been reduced à,and the ovar-ail daficit in for- ée1gn trade on marchandise ac- ~count will show a marked re- ..duction from 1957's lavai. >Consumer volume was main- ,jtained at about 1957 levaIs sýwhen allowanca j; made for ýprice increases reflacted in llerdollar outlays. "For a ,.rear which began amidst gloomy Iýforebodings this cannot ha con- sidarad as other than a reassur- ,Jng performance", ha continuad. Capital invest.mant will like- ly approximate $8.5 billion, a 7decline of about 3%. Although .business capital expenditures Lnext year may be moderately reduced it is possible that an Improvement in business ex- pectations during the year znay 1bring some upward revision. The exports of a trading na- tion such as Canada are influ- enced by foreign markets, in aur case ta a major extent by the United States and ta an im- portant axtent by Britain, and the domestic economy is great- ly influenced by both. In the damestic scene ha ob- iservad that for same years un- der expansionary forces federal revenues have been greatar than rising expendîturas -and Lsurpluses have in the main Lbeen used ta reduce the fad- erai debt. "This year we have seen anothar phase of compen- 1satory fiscal policy: the axpen- 1diture of greatar sums of mon- ey than the existing tax struc- ture could provide. Under the giowth conditions which are charactaristic of Canada wa have had littie axparienca with the implications of daficit fi- nancing but we do know from Lexperianca in othar countries that long-continuad deficits cati have sariously adverse effects on the price structure and on business and amploymant", said Mr. McKinnon. Ha added "We iThe Ideal Gîfft Send Your Friends A SUBSCRIPTUON To À Year Round Gift 52 GIFT S WRPPE N ON E ($5.00 IN UNITED STATES) Here is a Gift that will be Appreciated Evary Weak ef the Yaar by Your Friands and Relatives at Home and Abroad. An Attractive Christmas Gift Card FREE - TO ANNNOUNCE Your Gift Subscription PLEASE MAIL THIS TO-DAY TO THE CANADIAN STATESMAN P.0. BOX 190 - BOWMANVILLE Exiclosed find $ ln paynient of Yar (s) Subscription te "«THE CANADIAN STATESMAN" Mail te following: Naine _ _ _ _ _ _ _ _ _ _ _ _ _ _ Address ______________ ___ INaine Address ISender's Naine Address A Stalesman Subscripiion 1: a Gii thalis1 Difit - Il will ho enjoyed the year mmm!m.*ler in aur country should set 'our sights on an equiibrium in the aconamy and a budget in soe measurae ofbalance." Ha stressed the Importance ot adequata inducaments for indivîdual effort and private capital and pointed te the ex- pansion in the aggregataetf x- pandituresin ail lavais ef gev- ernment. "Few Canadians realiza the extant and significance in aur ceuntry ai govarnment expendi- turc. About 30 % ef all expan- diture is under govarnment in- fluence. The place and tield for individual endeavor and private investment which have craatad the growth et the nation may tend ta ha affected under this growing Weight. Without scape and inducaments for individuai imagination, skills and crea- tivaness we could hampar aur basic trend to growth." Reportirng an increase et $435.097.000 in total assats in the year, ta send the bank's as- sets over the $3 billion mark, J. P. R. Wadsworth, vica-presidant and genaral manager, told the meeting, "This is the largast growth in ana year in the his- tory of the bank". Daposits now total $2,818,400,- 000, an increase in ona yaar of $411,557,000. Bath savings and othar de- posits reachad new highs and the numbar of dapositors in- creased throughout the year. Thirty-two naw branchas were opened, including ana at Inuvik (formerly Aklavik). first hank north of the Arctic Circle. The bank now bas 807 branches, and serves more than 2,000,000 customners. BLACKSTOCK Sorry-last weak 1 omltted ln the report of United Church W.A. to mention that there was a balance ovar axpensas at the recant convention held in this church and this was included in a $25 donation ta ba sent ta Ratarded Childrens' Fund. The Woman's Institute spon- sored a card party in the Hall Monday night atter the raturns from the alaction and the speeches were heard. There wera thirtean tables playad. Winnrs were: Ladies high, Mrs. Frank Staniland and Mrs. Vic- tor Malcolm, tiad; Gants' high, Mrs. John McKae playigo gants' card, second,Bafu Moore. Mr. Dave Rutladga, Bancroft, and daughtar, Mrs. Leonard Gulick. Palmer Rapids, spent Tuesday night with Mr. and Mrs. Carl Wright. The annual genaral meeting of the Anglican Young Peoples' Association, was held in the Parish Hall. Tuasday evening. Prasidant, Don Green presidad and the meeting openad by singing "Advent Tells Us Christ is Near", and prayar was offered by Canon Chaperiin. Attar the raading of the min- utas, praparations were made for the Christmas Party ta ha held Dec. 15th and a dance schedulad ta ha hald Jan. 9th. The following officars were alectad for 1959: Presidant, Lawrence MsLaughlin; Vice- President, Frances Staniland; Secratary, Edna Schmilt; Trea- surar, Alan Asselstine. The ra- tirrng officers wera thankad for their work during the yaar and the meeting adjournad. Mission Band of the UnitecI Churcnhald thair regular meet- ing Tuasday after school with Mrs. Frank Butt in charge. Worship talk was ba-,.-d on heing kind ana ta anothar and the story from the study book was antitlad "The First Day at School". A naw Christmas sang was learned and games playad. Naxt meeting Dec. l6th will ha the spacial Christmas program. Ail tan Explorer girls were present at their meeting Thurs- day afttr school. Atter the eus- tomary programma the girls commancad making dacorations and plans for thair Christmas meeting. Port Parry Curling club ex- tandad an invitation ta Black- stock men te spand Thursday night curling on thair naw rink. Six teams accaptad and spent a very enjoyabla even- ing. Thursday night thera was an excellent turn eut ta the Par- ent-Teachars night in the Cen- tral Public School. 134 invita- tions wera sent out and 97 tam- ilias wara rajresented and ware interviewed by the teachers attar which retreshments pr~o- vidad by the school board, ware sarved by Mrs. M. Graham and Mrs. H. Van Camp. Rav. Philip Romeril was guest speaker at the Victoria County Holstein Banquet in Cambray, Thursday night. Ladies Orange Lodte Thursday night the annual meeting et "PridaetofCart-i wright" Ladies' Lodge was held.. Following otticers wara alacted:t Past Worthy Mistress - Sister, Dorothy Lee; Worthy Mistress; --Sistar Muriel Wotton; De- puty Mistress - Sister Juna Cowling; Racording and Finan-' cial Sacretarv Sister Jeani Parr, Treasurer- Sister Mar-, garet Van Camp, Junior Depu-1 ty Mistress--Sister Mary Mc- Kea; Chaplin - Sistar Mable Dayes; Guardian - Brother Craightan Davitt; Directer ef Ceremonies. Sistar Marjerie Prascott: First Lecturer-Sister Olive McLean, Second Lactur- er--Sister Derothy Archer; Pianist-Sistar Louise Wright; Inner Guard - Sister Aima Fawler. Outar Guard - Sister Lena Devitt Third, faurth and titth cemmittes-Sisters Lana Devitt, Myrtle Whittieid, June Cowling, Louise Wright;, Audi- tars--Sistars Olive McLean and Louise Wright: Sick and Visit- ing-Sîsters Alma Fowler and 14ura..IWotton.e - MA MAIMi m - . à a - n nwem on a oe I.HALF-PASTTEENJ I~~~~~~ fflf' qj fhrrPSRI' M 7Y Cancer Society Float Un Centennial Parade Appears in Newsletter The vary attractive float an-t terad by the Bowmanvilae branch ef thé Canadian Cancer Society in Bowmanvilae's big Centenniai Parade was pictured in the October Nawsletter of the Ontario Division et the So- ciety. To refresh your mamary, on aither sidaet the float was a map showing the units in On- tario, surrounded by cedar and daffodils, with rad, yellow an-1 blue streamers extanding ta thea front et the truck. On aach sida doar et the panai truck were displays showing the dan- ger signais of cancer, while on the back was a raplica of the "Little Red Door", the sign of assistance dapots for cancer pa- tients or thosa who wish infor- mation. A caducaus, the sym- bol et the Cancer Society was set up on top et the truck, which was loaned by Mr. Bart Syer, president of Bowman- villa Branch. Mr. and Mrs. Syar, Mr. and Mrs. J. Van Nest and Mrs. Ann Heavysaga ware re- sponsibla for the decorations. Ontario Division haadquartcrs loaned the maps. .Assisting with the dacara- tions was the Sunshine Group,I the organization of Bowmarî- villa women which has been makîng cancer dressings, donat- ing items for the Gift Cup- The axch ange ot Christmas gifts then took place. Durham Holstein Banquet Durham County Holstein Banquet was held ifî Blackstock Recreation Centra Friday, Dec. 5th. It was an honaurary din- ner for Mr. and Mrs. Jas. T. Brown, Newcastle, President of the Holstein Friesian Associa- tion ef Canada for 1958. There were 250 presant including guests representing all counties in the Eastern Ontario District. Among the honoured guests ware Mr. and Mrs. G. M. Clam- ans of Brantford, Secretary manager of the Holstein Frie- sian Association of Canada. Presidant Howard Farder of the Durham County Holstein Club, would like ta take this appartunity ta thank the O.N.O. girls who sa capably catered and helped ta make aur banquet a, success. Sympathy is extanded Mrs. James Henry and Mrs. Wesley Bradburn in the death of the formiar's brother and lattar's hrother-in-law, Mr. Talmageý' Henry in Lindsay Saturday. Funaral service was held at the Mackie Funaral Parlours in Lindsay Monday with inter- ment in Hampton Cametary. Mr. and Mrs. Mervyn Gra- ham visited Mr. and Mrs. Don Pargater and children, Port Parry on Sunday. Miss Catherine Bailay and four girl friands tram Whitby Ladies' Collage, spent Sunday atternoon with Mr. and M.s. Nail Bailay and Mrs. H. Bailey. Mrs. Richard Van Camp spent a few day; with bar parents, Mr. and Mrs. Roy Morrow, Hi- ton. Mr. and Mrs. Wair Swain, To- ronto, visited Mr. and Mrs. Clarence Marlow and Bill, Sat- urday. Fiva of the Explorer girls, namaly, Margaret Carnaghan, Helen Swain, Sharon Larmer, Elizabeth Thompson and Nan- cy Dorraîl and ana leader, Mrs. Richard Van Camp, aIse Mr. and Mrs. Harold Swain, Ralph, John and David Larmer, attend- ed the C.G.I.T. Candlalight Ser- vice in Trinity Church, Bow- manvilla Sunday avening. Messrs. Brian Hamilton, Mer- lin Suggitt, Nail Bailey and Roy Turner, want, te Orillia Satur- day ta a curling bonspiel but wara net fortunate eneugh ta bring home a prize. BACKACH E May be Warning Dachache t is cuadby lazy Ldey action,.W4t kidnysgel out of "idr, eceua aenid vastes reniain in the syatem im anbackache, dis- turWe rest or that tired-ou anid beavy- headed feeling May soM follow. That'. thé tin t take Duidd's Kidney Pil. Dodd'às tiamiate te kidneys le normal actimn Then you feel better-sleep botter-work hetter, Gel Dodd's Kidncey Pill nov. 59 board at the Ontario Countv Unit, and providing littia gins of cornfort ta patients in and around Bowmanville for the past eight years. This group was active long before tne Bowmanville branch of the Cancer Society was formed hera. The graup held its final work meeting for 1958 recently et the home of Mlrs. E. Thompson, with 12 present. Ditty bags to ba placa-d in the Gift Cupboard of the Little Red Door in Osb- awa were brought in by each member. They wera vary prct- ty, and full of usaful toilet ar- ticles for the sick. During the avening, 182 dressings were made. The group has made 1,117 such dressings in 1958 which have ail been distributad ta cancer patients in Ontario or Durham Counties. The group extends a special thank you to ail those who have donated old clean cotton for making these dressings. The annual Christ- mas party of the group will be held at the home of Mrs. Alan Steela, Temperanca 'St. Incidentally, the amployees of the R.. M. Hollingshead Com- pany of Bowmanville ivili ba familiar with the Little Red Door Mobile Unit and its ser- vices, as the plant was visited recently. By Lyn Conneliy The sharp wind lashed fur- iously about Larry's head and shoulders, flirting momentarily with the idea of sending bis brown fadora spiraling dowil the street, but he sensad its ca- pricious tendencles and held the brim of bis hat tightly ha- tween bis forefinger and thumb as ha ran toward bis car park- ad on the opposite corner. It would be the last time he'd beat that particular path, ha He Picked up the lettar at the! same time she answered, "lTruth magazine." mas Eva and averybody was in1 a gay and anticipatory mood. Everybady, that is, axcept Lar- r.y. Ha had bean reasonably happy until that morning whan the wlal world saamad ta have , crashad about him. Opening the door of the car, ha slud in be- hind the whaai and startad it toward home. The face of Sulas Hanning, until f iftaan minutes aga bis! boss, cama ta bis mind and 1 again ha heard the words that 1 ha dreadad ta rapeat ta Rosine: "I know you' -ra not happy in: your work. Larry, and it's flot' fair ta cithar ana of us when you don't put your hast efforts into wbat you'ra doing. I think, therefore, that you'd battar go .elsawhera for a job. Today's as good a day as any ta sever connections." Firad on Christmas Eve! Of course, what Henning had saidI was trua. Larry wasn't happy baing a boakkeepar at Marri- son's applianca shop. Ha had always yearned ta ha a writar, and wrote numarous short star- ies during bis spara time. Whan Rosine toid him of thair expected second chld ho had ~ taken the job at Morrison's through sheer dasperation. No longer could they live on their savings. Ha considered the job as temporary, but it had lasted sevan months with stili no pros- pects of antering the field he dasired. Hanning had seemad sympathetic, although ha had coolad suddenly the past waek. Perhaps in his daydreaming ha had been inaccurate in his fig- ures. Àt laast Henning spared him any embarrassment if that wara the case, but ha could hava waited until after the holidays ta tira him. "And Bah Cratchit thought ha worked for Scrooge," ha mumbled, pulling up before his hause. His feet draggad as he trudg- ed toward the door. Ha mustn't1 tell her tonight, he dacided. Ha hoped hae was capable of carry-1 ing off an act until the day after Christmnas. Opening the door, ha let himsall in as un- obtrusively as possible. Rosinei was on a stap ladder in thec living room, dacarating the tree, while Chuckie, aged five, sat on the floor, agag at the pro- caedings. "Hello, darling,"1 hi; wifa callad out gaily. Ha triad ta aqual the happiness in her vaice1 as he rapliad, than kissed Chuck-1 je and started for the kitchen. "Thera's a letter for yau on the rad-io," Rosine said. "From whom?" Hi; heart leapad hapefully at lier words and ha hurriad toward the ra- dio. Ha picked up the latter at the samne tima sha answerad, "Truth magazine". It was tramn Truth. His hand trambled as ha apened it. "Dear Mr. Shannon," ha read aloaid. "Our mutual friand, Sulas Han- ning, recently submitted ane ot your articles for aur considera- tion. Wa balieva it shows prom- ise and since we ware given a splendid recommandation byl Mr. Hanning, we ara writing ta ask if you would be interasted in a job in aur editorial depart- ment. If sa, caîl for an inter- view this weak." The telephane was ringirig, but for a moment, Larry and Rosine marely stood as though muta, staring at each othar. Larry bacama consciaus of the bell first and picked up the re- caiver. It was Mr. Hennn laughing haartlly. "Bat 1 hI ouworriad, eh, Larry?" "M.Henning! I didn't know . .. ow idyou .. ." Larry was his sida, putting ana arm gently about bis shouldar. "I found that article you wrote on your son and thel atomic aga and sent it in ta Asherton," Henning explained. "He's'a good friand of mine and editor of Truth. Wall, I won't hold you, Larry. Just wanted ta wish you a marry Christmas." "Merry Christmas, Mr. Han- ning," Larry said as the tale- phone clicked at the ether end. "Merry Christmas-and thanks for the bast ana I've evar had." MAPLE GROVE Those tha t attanded thec Hol- stein banquet at Blackstock on Friday wr- Mr. and Mr&s. Stephen Jeffary ahd Gary, Mr. and Mrs. Ted Foley and Don, Mr. and Mrs. Harvey Brooks, Mr. and Mrs. Ron Brooks, Mr. and Mrs. Steve Dayla, Mr. and Mrs. Alvin Matcalfe, David and Jim Crydarn-an, Ed Kowal, Ted Watson and Grant Flintoff. Mr. and Mrs. Jack Whiteman at Mr. and Mrs. Irving Butlar'sy Bowmanvilia, on Friday. Mr. and Mrs. J. Raîston vis- itad bis parents, Mr. anid Mrs. J. Raiston, Moorefield, for the waekand. Mr. and Mrs. Ron Rodgers and fmily ere Sunday visitors of Mr. andi Mrs. Robert Wors- lay, Oshawa. Mrs. Robert Radgers, Bow- manville, visited with Mr. and Mrs. Ron Radgars on Monday. Sunday visitors ot Mr. and Mrs. Allan Snowden were- Mr. and Mrs. Sam Snowden and son, Mr. and Mrs. John Atchison, 37 KING ST. E. By C. J. Harris Here': an interegting bit of <suppomlg." Suppose that, back in 1945, Canadian Prime Min- ister Mackenzie King and his Cabinet had sent instructions te Genaral H. D. G. Crerar, otticer commandmng the Canadian army in Europe, that ha should form a special army task farce te search German bank vaults and loot them speclficaily et those Garman municipal and in- dustrial bonds payable in UeS funds. Contlnuing the fiction, sup-1 pasing these agents ofthte Canadian government had shlp- ped back securities with a face valuaet $350,000,000 and, fin-' ally, suppose other agents of the Canadian gavernment wara now in the process af trying to cash the stolan bonds. A gigantie fraud? Of course, and of course ne such plot was hatched by Canada. B ut ap- parantly such a swindle was undert-.ken by the Russian gev- ernmant. At least, $350,000,000 worth et such bonds are in the hands et the Russians. They were, looted tram Berlin bank vaults afttr the war and it may be reasonably assumed that they were net the casual find et soins Rusuian army corporal. The mattar ha; came ta light TOWNE Bill Leauk at tuds tirm bqaué under au agreemnent betwtei West Qer- mnany and the United States, Ahugust 31 of this year is the deadine for, validation for 02 iàsues ofXre-War German dollar bond. Xterthat date uti- registered bonds wiUl be worthý. less. Over the past five years toms $246 million of the German -sol- lar bonds, mnostly sold origiWIaY in the United Stattes, have been ~ eented to a joint Germen- .S. board for vlidation., the board has cai4ght 54 attaniPtà to validate bonde tut were part of the Russian loot froint Berlin banks, Total value of the stolen bonds caught thus far has been small, orly $1,300,6O0. But with the deadline approach- ing, larger blocks of tthe stolen securities have been appearing. Most of them have been offered ini such cities as Tangier, Mexico City, Paris and Getieva. It la expeeted fliat ini thiA *t thréé màonths there wiU be attmt1 te unload the remainder Om un- wary investors. Nice people, thege omIste In, love of home. thu love of country has its rise..-Chrlem Dickenu. Ere you consuit fancy, con-. suit yeur purse. - Benjamin Franklin. j NEW TEIN CGNNENCING Januay 51h, 1959 at the OSHAWA BUSINESS COLLEGE (Enrolment Very Llmited) Choose from followlng courser. CLERK.TYPIST STENOGRAPHIC SECRETARIAL JUNIOR ACCOUNTANT BUSINESS ADMINISTRATION PR! VATE SECRETARIAL Individual Instruction Complete Modem Equilpment -Placement Service te Candidates Act Now ... Register by phone or in pruo Dial RAndolph 5-3375 111 Slmcoe St. S., Oshawa ïmerrg .C/hrist Mas Enjoy thie Best -in T V Viewing Christmas Special All-Wave Aerials Rotor Aerials -e Couvert Aeriul Io Rotor u O O O$35.00- m a e $79.95 $ 55400 up Nice Peo pie OUR WORK IS F ULLY GUARANTEED FOR ONE YEAR TV MA 3.5532 This Christmas. We Suggest a Gif t for the Home Large selection of covers and colors frem which to choon. 4 FLOORS 0F FINE FURNITURE F. F. MORRIS Co. MA 3-5«80 --Ni" \ j PAM -la 1 mi -0 i