INST a dramati since bis Rooseveit lemocno tiols - roadcast, the. atil world w tii e(le - - bsdOn tte atet 's were "flot gigt tr". At thle samn tme at a Britisbd(ief'ea--t 1 t-Le I.wouilive e gu" ecalled upn tbeoethe "groeat dem ra~y,)tedo) ail support tenations tbmevsagainst - The Convoy Question The Prosidonts caîl for "mote more eo voyhig frGreat Britai ocuissed mmditeat- tention on proposIsto send 50 mnore destroyers and Fomie army, ai-ipînns to the BrtPh ut more Aercnnavy to convoy lip- GOutry. Tho rohmwas cer- taint become ,urgent ver-tys-i-.ort-;y anild upon isdciinhile the ontry brno-on-yof thle Initedi State. s inito the wr. Befoe ay farhs 5eg ouId ho taen, hoeeCo)ngrswouid h"ave te apvecf tePeietspo rPOWERS I "iNext Ninety Days" 1 The bl--'ief h'leld by m.ost o~~ vers last w,ýeek was thfat Hiitle-r I would try for a knock-oubL,1iw, n t England soon, even before spring-, timing bih',flont, at- tack to corne befolre te newV Amerian aMd culd ho made ef- fective. "The next ninety dayp wilI be crcilles 'fOr Engandý" dec]ared Arthur Purvis, Ganadian hea3ý' d of te BiihPurcbasingý Missio, lu asbington, Orsi mas week, }itbl sCountem.B1oc)kade As well as havIngtCostand for- ever on guard againsýt {ierlman inainattemlpts, Britain wajS hlav*ng -to fighit iharý,ýder anaii rdhO-. 'r Htle pr'.- coul)ter - bloclçade whic hocaýrne-s ont -by m1-eans cof subariesund dive-bom-lbers and reennassacd lanwe's fling con- tinuosly ver he-iipping lanes. Htlrkean(di t'le Bnýitish' knew, tat Norb Amorcan pj)ro- ducionofplanes anid munitionls uponwhic Brtainwasrelying, eues cou!d ho made. wrot corespndetJohnllA, Ste- vensýon,"is to keep downl the weekyly bs of shpping to a, level bchwllfot initerf orc seriosl witb tVhs flo-w of ia armements andwa r materialis ROYAL BANK HAS SATISFACTORY YEAR Total Assets $955,000,000 - Current Loans in Canlada in- creased $1 7,000,000 - Profits Moderately Lower After Largely lncreased Taxes. aunaiBaiance Shoo-t -snd rd Lo-ss Accont o;!,'Tise ilnk e0£anaaor tieiiear Neverfber 3 0, 90wa S its sisareodes e AhtheVhs xperionce o! Ibankts, asos ho madian Deposits Up dtpOSi(S ame)unt te-852, as U0ompared wjth $91-1,- n tise prenons year. The o is accoutd or aiul ducton et $20,000,000cf due, te tise Donion (1ev-, anud a d>c-eaIse qf 4,0- enta Loans Increasedf c"ty inreased vomame eL utCaad is reflected îin se le commercil bns et 0Loans ontalde Canada n redued $10,000,. -»g Lyqud Posito alances show proactcly go as compared MIhtis year, Bank balanc e and uts show mmeatoed Stotal imeiael aliz- tS amount te $585,000,0 preseats 661C% etthsete lies to eisepbi. Mit and Losa Account nre eoutie Proft and Lou Proîitan tise shi.elders willhobe lcd at lhe ilead Office cf lise bDak ay ebevn am. o Jauary 9, 1941, folbows: fo Dividennci.2,800,000 2,800:000 Penao nd A 726,894 924mp,), Allerproviig r-Domeinion toste CoingocyRoerEe ont of wwhic Resoîvesnpovono Balane Shotfiuesfr h Persepv.dng NoeîhbeI 301hcy2om- pare as %nos 1 10 I Q7 LA SIIETIS 1940 193H= P.n & LPalc) ,9,16 209,5 Diine cm . 7l2700 7184 luove bn 9=1,23557 20,202,47 Notes in Cir.250,31208,8 Lattr, of Crd. 1,02,78 17,A42=15 Other iaba. 5A1,13951410883 955,570,326 l014,708,43 week .amonig the immsvoWiUÇ xnay decide ithe ar' uteoilie. T1he Battis of Eirewso.St- geticall,3y sîtuated, thie prso Eire ar-e a prise coveted býy botbý belligeents. They commund the western approaches te thele- seigsd isles of GetB an and possesion of tbem wmoud an- able Britain to protenetirhe ul of 1ber sea.bern-e tafi.Ou Vhsi contrary, seizure o- fie otsb the Nzswould nmak1e Itosil for German,-y Vo sever v-ý-ital ar teries Of British lcommerce.ý RUSSO-GermanTesn A beightening oftninn -i'ghted tace week's war ,ýnsws. Theý BRalkan situation aîppeianed Vo b rapidfly coming toe i a, fllw îng eports of hundiredts of thIous- susof Nazi tr'oops m loving it Bulgaria; qef a Grmndivision aririvinýg in ibai;Of hn d of tiiousands of Soviet toop massed abng the Besahwaaban jjoVi' of inia, A daai mnove by Russia to e eC h, mouths of the Danubhe or the Par.- sile TrkyYugoslavia, suiid Bulgania cbiefy BugaAý wbose Kinig cniue ostandj firm againist tbe Axis-habd casýes of the jitte-rs. But' the mi German effort was stil tou1 to ho cnetrtn ïn thewet w'itb anilattack on l 3itain týop. most on ths agenda. Diplomnatic Defeat iu the Far Eust, Japan suffer- ed an important diplomiatie de- feat ila its atmtt fetmorýe frïend(ly relations " iiilb Rujýssia wben Moscow rftfe o mk premanent ths tempocary agreu- ment ov-lJpuishnocsin off ,the Sbra os.Fuither, the SOVist's r-efu1sai t' acepthe nsew orýder- in Ciaipidfo only ontinance nW iitnry as- sistance toCiagKiSksu co-oper-ation wih teUtd states ia Far East pollcy, buti,ît mleant that Japan Ywoul'd le -u'Il able to relax vigilancceon the, Manchou1kuan 1fr".ontier or to push soutbward -too aggrsssivsly. changes Coming in Pacific Meanwhule Chiýna rusibedpln for wbapt appssrsd to 'oe an eanly'ý offenive against Japausse forces statioued in the Yangtse Valloy, wihwould akeimpssi leh transfmene of nny large number of Japanese troops for a souti- ern drive, Thje New X7York ime correspond)(ent la mi 'anilla iat week foresaw defiie extension Of Euooa arfare 1oto VhsPi.- cific fellowing inte-nsific-ation of German activities (sýurfaýce rai or-s, etc.) against Bnts nd tr a't-as sbihin ther e. o prýedicted imm-ensechns in the- Far East by February '-t the latî- est, nd oni 1out of fait slaare of thle war bu.rdon . j 1 sýtr'ongly adNise, fasnIeSDt to acetthe Situation withoüut vg ousproesi." Ontario May Curb YuIe Tree Harvest Next Year Cuttinq eOTse For Christmas .Puross PrmrM,.'F. Hpuuis cLtc of, the5 sunual I ~ofChits treessudil ls Oite possible that Queen'sPar? may tauewresbtritie ctionte hoclte -annuel1otting cf eeoro tro, o tlea lit it tepo' venit cuttinigbendto ltyf "Thoe troes are ypropaýga tilu taxpayerset Ontarl, ai remierý M. s su F e u."Wo hae bouIî n on eoe thse argest and best Sys- tmoms u e r en reries ilu the world, E i1D o n thniit t hat we shonld pr mt th*e tr.eos wh")lci av bc-\ s suded fes cm nurseios wte bcut~ wnfor- Chnîstmas trýeeprso alletey have atalned a heýig'lit ef sxor eîgm tfeest, sud 1amndefi- j tely aainsthtie destruction tisat ba engoing on forver. Encore Number metthat it Nwas a girl, whsn h Waned a boy. A?'I go back and get- yeu onie," said the doctor'. An, tain. Piold inc .Ensland und'er FELLERS '- Sweet and Low ' a; Liked crt, Mlay eair whole WitIi lassos, Cha-1 7o, p)rat- erl1yrs 8 (2 Caus"i est rop Thî4 (m tep te.