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ro dsregarded ast anc enenty and Tag of ~by bucket brigades watered the ----The---bath-sponge--was--actunlty--- LAN AL , . Ae ANSE x BRINN . . a L aS a Nazis Desecrating Europe's Churches Worshippers Given Choice Of "Jesus Christ of Hitler" A grim authentic account of the Nazi attempt to stamp out Both collective and individual worship in the occupied countries ~--by giving worshippers a choice between either "Jesus Christ or the Fuehrer'--has been publish- ed in London by the Intex-Allied Information Committee. The re- port says: "The main attack has "been directed against freedom 1. Calendar Year 8. Fiscal Year 8 Crop Year i tember, . / of thought, whether spiritual or Therefore, the Hog Crop Year is fromh September temproal, The methods used ' to following August, E ¥ vary from the suppression of / Designated also by year of close. ehurch to the murder of priests." Authenticated reports of deli- Borate and calculated atrocities were numerous and evidenco shows that churches have been destroyed and converted into stables or cinemas; shrines "and altars have begn desecrated 'and defiled. Sacred vessels have been Jooted and church dignitaries have 4. War Year A lengthy section of the report Ia devoted to Poland where the Germans, upon occupation, "start- ed the deliberate and barbarous , The 26th, 1942 It was the second fiscal war period. Hog Crop Year 194 1941, to August, ~--The war began September, 1989, . First War Year--September, 1939, to August, 1940 Note--'War Year' is FOREWORD A ------ 1942 --of the Company; b2| weeks. Ending last Thursday in March, Designated by year of close, e.g. Year under review is Fiscal Year 1942. or Production Year, Beginning month of, flush Flush production of a uction. ] . extermination of the Catholic x th, Church." The number of Polish were determined almost helly by war conditions, i " A i rache Jie ) evel, --viz, priests executed and murdered Volume reaghed anew record level, without trial or tortured to death Is estimated at 800 and there now are about 3,000 in concent- - ration camps, Acts of brutality, Including the massacre of clergy In Pomerania and Poznania and of priests dragged from a retreat for aged clerizy and thrown inte a concentration camp, were in- cluded in the report. Religious persecution in Greece and Crete has been among the German's most callous acts, The altar of the Church of Manolio, in Crete, was turned into a pub- lie Javatory and 'many clergymen put to death "or shamefuliy ill- treated by both the Bulgars and the Germans," the report said. Previous _ Increase Previous high: -- fiscal Increase... ee The higher percentage year, and Taxes), was Equivalent, $110 Average per week $2,780,000.00, year 1941 1 a8 compared with the increase in pounds sold,-- .... 5%, reflects the substantial advance in prices which occurred within the In occupied France, the Jews On Sales $14,509,000, to have been victims "of the most On Tonnage 1,228,000,000 1bs., to striking forms of religious per- The regular dividend of secution, while the tone of the paid throughout the year. press and public pronouncements with regard to the Catholic church are venomous and antagonistic." All Catholic action organizations have been - suppressed as have Catholic youth movements. The * LJ . The earliest 291,839,97 12.6% . 31.8% 31.8% 12.5%, Net Profit, (after Bond Interest, Depreciation $1,611,464.91 © 1.1% 13.1¢ per 100 lbs. $1.00 per share ($1.00 quarterly) was The impact of war conditions upon the Company's operations Is further indicated by the following tables abstracted from the State- ments of the last four fiscal years. March, 1939) was the last complete pre-war year. of these years (ended Abbey of St. Odile, patron saint TABLE 1 of Alsace has been closed and de- Se ------" . -sccrated, as has the Strashourg Profit Cathedral. All ecclesiastical pro- Fiscal ; % of per perty has been scized. Year "Tonnage Sales Profit Sales 100 lbs, The Christian Churches of RENEE --_-- -- --_-- -- CzechoSlovakia have been brut 1939 800,763,602 § 77,225,732 $1,238,736 1.6% 16.bc ally oppressed, the persecution af- 1940 913,251,116 88,205,639 1,667,809 1.9% 18.20 fecting all denominations, There 1941 1,091,203,352 110,291,839 1,665,028 14% 14.40 aro about 500 priests and min 1942 1,228,020,942 144,490,489 1,611,466 1.1% 13.1c --isters in concentration camps. In Lu last pre-war year:i-- nbourg the Catholic Church " been deprived of all Its organiz- ation. A violent attack on the Nor- weglan State Church, the report ' In other words:--in the third War Year, as compared to the -- 87% muscle stopped the train, maybe, The knife blade did the erasing, the dooryard well the refriger- eling and waxed paper preserved -the preserves, ~~ EE Whalchone lent stretch to foun- dation garments. Straps answer- . ed for galluses, What garters were made of was never publicly known. A sprinkling can water- ed the lawn and buckets manned one-- from .. Invéntoriés Bank Loans from receivables plus inventories, the Dominion Government for res, Bare hands did th¥ dish-wash- ing--and the surgery. Children's summer footwear was the nature kind, plus stone-bruises, TABLE 3 . ha PIE ---- The heavy increase in Bank Loan This in Accounts Receivable have advanced $3,423,000 to- $10,279,000 In this case the comparison between the last pre-war year (Fiscal 1939) and the year under review (Fiscal 1942) is a very striking 7,682,000 to 16,339,000 - 8,780,000 to 14,167,000 s is the 'reflex' of the increased crease is due chiefly to sales to war consumption, 1942, the value of meats in process for, Dominion Government totalled $6,018,929.32, corresponding item in the Balance Sheet of 1939, "The following analysis of the "Sales Dollar' business in 'skeleton' form, -and a-com last four years reveals, from another upon the operations of the Company. plus angle, th --------------Analysis-of Profit-& Loii--4 Years ended March As at March 26th, sums due from, the To this there is no tells the story of the parison of the analysis for the e impact of the war In this Report, at various stages, four time periods are used: -- ogs begins in Sep- --is year from September, 940, " Becond War Year-- September, 1940, to August, 1941, Third War Year--September, 1941, to August, 1942, : ' y therefore co-terminous with -- been tortured to death, 3 'Hog Crop Year.' fifteenth year of Canada Packers Limited closed March year which lay completely within the $144,609,292.41 This advance would have been greater, had it not been checked In December, 1941, by the imposition of price ceilings, The heavy increase in volume was due almost entirely to war - demand (military camps at home. plus shipments abroad). consumption, especially of pork product, was curtailed in order that more might be available for Great Britain. * * . . . Civilian Tonnage increased. £rom-800,000,000-1bs.-to 1,228,000,000-1bs.== 53 5 said, has "welded together the of the same four years. population more strongly than ever," while In Holland the Ger- TABLE 2 man efforts to undermine the work Fiscal Year ended March of the churches has resulted in Catholic and Protestant cooper- - - 1939 1940 1941 1942 ation to such an extent that a J -- (e00 omitted) --Nazt--paper has declared "they Assets cs ii have agieed winnimpasly in the Accounts Receivable § 3,423 § 5,340 _ § 7,131 $10,279 fight against National Socialism." Inventories ........... 7,682 10,947 10,384 16,339 . GN Total Current Assets 12,116 17,369 -18,698 28,101 I T B Fixed Assets ....... 21,636 21,818 21,745 22,5694 n hose on Liabilities . " ye c Loans from Bank $ 3,780 $ 17,165 $ 7,027 $14,167 Te Days Before Rubber Pilate Total Current -- ) : : Liabilities ....... 5,436 9,981 10,847 20,216 _ Before rubber, what? Tires as ; , = soft as soft iron could make them Worle Sais) as less absorbed. road jar, says the New Current Liabilities) $ 6,680 ¢ 7,378 § 7,761 $ 7,885 York Times. The brakesman's CANADA PACKERS LIMITED REPORT TO SHAREHOLDERS Comment regarding items: -- Cost er ¢ of pr salari 86¢) Warti The increase is from 80.5 per cent. in the last pre-war year to 81.4 aterials, chiefly to War demand for certain products (mostly tinned meats) in which container cost is h : Expressed as cost per 100 lbs, es in the 193 within the year, Sundry Expenses. Js likewise due to advance in price-per-pound of products sold. of Products. This is the Producer's share of the Sales Dollar, ent., the highest in the history of the Company, he advance in' this item,--from .2.6% to 8%,--1is due oducts, of foods processed, wages and four years were as follows: -- * 85 cents per 100 lbs, 84 i" "w a" " 81 " "" " "ow 86 " " tg "" 1 to Fiscal 1942 (i.e. from 8lc¢ to is due chiefly to the cost-of-living bonus introduced, by stages, The decline (from 4.4-pér cent. to 8.8 per cent.) me Inventory Reserve. The extra profits of wartime derive from Gover in the S tirely invent gcope, consta Bond 0 0 Taxes of this policy, However, the Government. recognizes that at some stage fol- lowing the war, versed, wartime profits. But whereas, on the advance, nearly all the profits;--the losses of the decline must be borne en- As a partial buffer against these post-war losses, a 'wartime that of the last pre-war year: 1939). tax (40%) has been paid, Depreciation, in volume. for the four years the comparison of taxes and profits. TABLE 4 ---- Comparison Income & Excess Profits Taxes and Net Profits increasing volume and advancing prices. It is the policy of the nment to appropriate the largest feasible share of these profits, form of taxes. No one questions the justice or the necessity the conditions of the war years are likely to.be re- Volume will decline and prices will fall. uch a recession will involve losses commensurate with extra the Government takes by the industry, ory reserve' is permitted. 'This reserve, however, is limited in It may be set up only in respect of a volume equivalent to (in the case of this Company, IMiscal Also, the reserve can be set up only after the full minimum This is an 'overhead' charge. The sum is practically nt. The decline in precentage is in inverse ratio to the increase Interest. utstanding Bonds in 1939 were $3,750,000. utstanding Bonds in 1942 were $1,600,000. to sct up separately Fiscal years. So In effort, 3 perplex have al role to the live without on reco; Ab many o tion of was gru To "already a sponge (Luspongia officinalis), And bathing beauties protected Joo thelr hair by never going near tho Hata posites water, on products, In the rubberless age leather chiefly Live boots and woollen coats shed the Stock ...... .. 80.6% 79.1% rain, when it wasn't much of a Cost of ma- : rain. A pig's bladder served the -terials and football team, and a leather ball packages. ..° 2.6 stuffed with feathers satisfied the Wages and golfer. salaries" .... 8.9 8.8 Concerning the old-time hos- Central ad 43 pital mattress and the earthen- Wart pen ne" : : ware jug of hot water that shared - ventory : the bed with the patient let there ~ Reserve ... w= Ki be silence, Depreciation | 1.1 1.0 What the world used instead of Bond Interest - .2 h SRY | fountain pena, toy ballooi¥, elects -- -- rie lights, telephones, radios, auto. Total cost of _ mobiles and airplanes is well Dlodusy known. But what the baby used Jids wxpen: 91.1 96.8 dor a nursing-bottle nipple is ap- Written-off : ' parently forgotten, Investments -- > One doctor thinks it may have Profit before 2.3 'a réll of linen rag. Another : bts, however, that were any bottle bablés in Net Profit ... 1.6 days, A ok PERRY 1940 2.8 1941 $77,426,732 $88,205,639 - $110,291,839" $144,509,292 1942 80.7% 81.4% 3.0 3.0 8.1 7.8 4.1 38 3 9 8 6 Ad -- 97.1 97.0 a --- 2.8 8.0 14 1.9 14 Ho The 'Taxes' column reflects the advancing tax rates of the war The 'Net Profits' are, of course, subject to further taxation. Net profits get into the hands of Shareholders only when distributed ** as dividends. - When so distributed, they are subject to Personal Income Tax. The average rate of Tax would be not less than 50 per cent, the Government receive as taxes, approximately and the Shareholders as net i ing a useful contribution te the war, But the measure of the Company's contribution to the war most vital phases of the war.effort....--....csmcc zoo -- "770i the North American Continent where, for ten years, the chief that a period of shortage may be ahead. The primary problem is that of 'production.' hands of the Farmer, In-the production effort, however, the Packing Industry has a spoilage, The Industry can fairly claim to have measured up to its job, __The enormously. increased-deliveries-of-live-stock-have been processed ---- made without appeal for heavy labour turnover, caused by war conditions, efficiency has been well maintained. the 'Sales Dollar' the percentage paid to the Producer is the highest Instrument through which the various Government controls-affecting ~~ meats have been worked out. have been: -- . (a) The Canadian Bacon Board, which controls production and (b) The Wartime Prices and Trade Board, which has invoked the aid of .the Packing Industry in establishing ceiling : prices for meats, No doubt Government Boards have had similar assistance from Ings for meat have been of the i the framing.of the regulations; the Board has called for the €0-01 ETA for long periods of time. _ Industry in the economy ef tne Dominion, broad Live Stock ficid, within which the Packing House is the mar- keting instrument, . increased production, The increased therefore, interesting to examine it in as explained Table 6 gives the record establishments, in the last four-erop-years;-- Taxes % of Sales Net Profits % of Sales, _,.; 1939 . $ 320,200 4% $1,238,736 1.6% 1940 916,284 1.1% 1,667,809 1.9% 1941 1,325,000 1.2% 1,655,028 1.4% 1942 2,422,862 1.7% 1,611,465 1.1% y the final story of the Fiscal 1942 operations would be that $3,200,000, $ 800,000. that respect, Shareholders may reasonably feel they are mak- MILLION AND HALF MORE HOGS REQUIRED is not chiefly in terms of taxes. ¥ ¢ production, processing and distribution of food is one of. the. ] ity has arisen from a 'surplus' of food, it is now being realized Lr £ . This rests in the Canadian Farmers, with reduced manpower, ready achieved an all-time record. play, second only to that of the Farmer. The processing of stock, the utilization of every portion, 3 and the prevention of are matters of first national importance, / a single 'block.' The nceessary plant extensions have been Government funds, And, considering the Evidence of this is found in the fact that out of rd. ove all, the Packing Industry has been the indispensable Of these, the two most important shipment of Wiltshire Bacon to Britain. ther industries, However, the problems in establishing ceil- most intricate and difficult kind, In large groups of senior officers from the Packing Companies, This is mentioned, not because assistance but. as a proof of the indispensable role of the and particularly in the dgingly given, * . * * * the Live Stock Industry in its broad sense, references have been made in this Report, They have had to do chiefly with production has sprung from war demand. It is, periods of 'war years." These,-- in the foreword,--correspond with crop years, of food animals processed in inspected quantity TABLE & i ---- . Slaughterings at Inspected Establishments Total Canada Crop Year ; - Sept. 1 to Aug. 31 Cattle Calves ' Sheep " Swine >1989 LL aiehiseisiti sis 64,963 674,963 703,724 © 8,186,740 1940 (War Year 1) .. 887,312 690,706 11 158,428 4,601,845 1941 ( ¢ "o-2) .. 940,795 696,943 794,638 6,172,982 1942 ( ¢ " 8)* 1,021,496* 717,040* 820,841* 6,606,000* Increase from crop year 1939 - to crop year 1942 166,648 42,077 27,117 8,319,260 x , 19% 6% 3% . 104% *August estimated. The outstanding increase. is in Hog production: This reflects the' fact that (in respect of meats) job has been to keep Britain supplied with Wiltshire Total shipments of Bacon *August estimated, Each year since the war began, contracted with the British! Ministry contracts the Canadian Bacon Board Contract Seab Canada's war acon, for the same four years haye been --. Crop year 1939 Becks ibotbesinteinn wees 160,926,100 1bs;- oH Y '1940 (1st war year) . 291,181,600 1bs, '" " 1941 (2nd © 448,238,000 lbs. " "1042 (8k 536,702,000 1bs, the Canadian Government has of Food to deliver a specified of Bacon, in regular weekly shipments, To. implement these " rd was set up, 32! 1 hi for 60,000 Cwts, weekly--price $18.02 f.a.8 Atlantic ...Areas of the West and.the.varied racial origins of the producers; add ~ quantity of product, Canadian pig producers will face a crisis, which --------In--the carrying out of "these controls, . nin SS _-- a -- -------- Contract 2 was for 70,000 Cwts, weekly" price 15.82 f.a.s, Atlantic Seaboar Contract 3 way for 103,000 Cwis, weekly--price 19.77 f.a.5. Atlantic Seaboard. quantity. On Contract 3, with one month to go, it now appears that shipments will fall short of the contracted quantity more than 60 million pounds, And this in shite of the fact that Canadian con- sumption of pork product has been drastically cut down (to make more available for export). : The reason dates back to, Contract 2. The reduction in price '(from 18.02 f.a.s to 15,82 f.a.s.) was a mistake Many Farmers, $spocially in Eastern Canada, felt they couldéno produce hogs at this price, and consequently marketed their sows, When the cons tract had run only six months (i.e. in May, 1941) the mistake was - recognized and the price advanced, : . Note: 'The reduced price of Contract 2 applied equally td bacon from Western Canada, and it may be asked why it did not also discourage production there. The answer- lies in Geography, It takes 6 pounds of grain to produce 1 pound of Wiltshire bacon. By converting the grain to bacon, a very important saving in freight Is effected. Because of the longer haul, this saying is relatively greater In respect of bacon shipped from the West. 'Therefore; a price which Involves a loss to the Eastern Pig Yroducer may still leave a margin of profit to the Western" eatern Canada, production in crop year 1942 increased 700,000 hogs. 1f the price of Contract 2 had been a wise one, the Increase might have been twice that number. : But whereas a Farmer can get out of production in a day,--(by liquidating his sows) ;--to get back into production requires at least a year. First, new sows of suitable type must be secured. This takes time, After the sows are bred, until -the litter is marketed, a further period is involved of approximately ten months. How serious was this check to production n Ontario and Quebec, is revealed in the following table of hog marketings, TABLE 6 : -------- Hog Marketings in Canada Crop Year Eastern Canada Western Canada Total 1939... . 1,961,994 1,268,397 3,230,391 1940 . 2,458,183 2,179,176 4,637,368 1941 ee 2,920,289 3,160,692 6,080,881 1942 (August estimated) 2,683,018 38,884,127 6,667,146 In the first two war.years, hog marketings in Eastern Canada Increased approximately 500,000 hogs each year. In War Year 8, as a result of liquidation following the announcement of Contract 2, marketings declined approximately 250,000. E . * . * * Ld For the coming crop year, Britain has appealed for 700 million pounds of Wiltshire Bacon, - . This is 100 million pounds more than the quantity of Contract 8, and 160 million pounds more than deliveries under Contract 3. To provide the extra quantity requested: by Britain in the.com- ing year will itself require an increase in production of 1,500,000 hogs. . 2 But still more hogs are asked for. Because of the developing shortages of other important foods, it would be extremely helpful, if Canadians were able to have. as much pork product as they de- . sired. To make this possible, at least .a further 1,500,000 hogs would need to be produced. if It is likely, then, that the Government will appeal to the Cana- dian Farmers to produce, in the coming crop year, 3 million hogs more than were produced in the present erop year. In ane important respect, the. appeal -will-come at 'a favourable time. Hog production depends upon feed. And Canada seems about to harvest onc of the heaviest crops in its history. But hog production also takes labour, And the Farmer is already Hard pressed. Moreover, he is being urged, at the same time, to increase production in many other lines. . Undoubtedly the Farmer will do his best. And more food in . total will be produced. But what form the increased production will take, will depend upon two factors. : 1. Plant considerations. Other things being equal, he will ex- tend production in" branches of live stock for which he has existing facilities, : 2. Profit. He will naturally favour that form of production which "will yield him the highest return, Both these considerations will probably operate in favour of in- creasing hog production. hii _® * * . » *. If the production called for is realized, the increase must come chiefly from Western Canada. Table 6 reveals that leadership in hog production has already passed to that area. : fez : : This fact lends weight: to the importance of a much-needed effort;--namely "a campaign towards hog improvement. The vast greatly to the difficulties of such a campaign, Nevertheless, the issue of hog improvenicnt is one of the most important single factors in the outlook for Canadian Agriculture. At the end of the war, the " welfare,--it might almost be said the existence,--of the Canadian Hog Industry depends upon one factor: --whether at that time Cana- dian bacon is equal in every respect to the best 'Wiltshire Bacon pro- duced elsewhere, Canada is already producing on a scale whjch involves a surplus (over domestic requirements) of at least 4 million hogs per year, That is equivalent to 80,000 hogs per week. At the end of the war, the surplas will likely be much greater. Unless, at that time, the British market can be held for this might well develop into a catastrophe. Before the war, Britain's total purchases of Bacon from abroad were (the product of) 137,000 hogs weekly, Of these imports, Can- ada's share in its record year was 33,000 hogs weekly, From Den- mark, Britain bought 65,000 hogs weekly. " = On Contract 1 and Contract 2, shipments exceeded the contracted / After the war, Canada must ask Britain ~for-a-market for at $ least 80,000 hogs weekly. To-grant-such a request will-involve a [difficult modification of Britain's quota schedule. One 'thing is certain, Canada could. not ask, and Britain could not concede such a quota, unless Canadian Bacon ) quality to the best bacon procirable from other countries, In wartime, all the groups concerned in hog improvement,--Pro- ducers, Government Officers, and Packers,--are so busy with the problems of filling: war orders thet thls paramount issue of quality tends to be overlooked, : J But hog impiovement takes time, up to the necessary standard at the end of the war, the job must be - done during the war. - A good deal has been done. But not enough, A senior Government Officer should he assigned to this special job, Leadership must come fromp the Government. Fo al authority Jo there. Willing co-operation will 'come from#the other groups nvolved. 5 . v §.114 If Canadian-bacon is to be ~Mention has already been made of the wide extension of Gov. ernment control made necessary by war conditions, : / Prices of /all animal products, especially cattle, hogs, cheese, butter, powdered milk, poultry; "eggs, are determined by Government action to an extent never before thought of, In the domestic field, ceiling prices have been set. As to ex- ports, not only are prices determined by Government contracts, but the actual assembly and shiprient of product has been entirely taken ~ were equal in . . * * * . * gibi J LAD over, These actions have been forced by war conditions mt the highly Sentralized Packing Industry has been a useful and co-operative in§trument, © Within the Industry, operations. have been transformed. Under " normal conditions the Packing Industry is perhaps the most keenly competitive of all Canadian industries, Competition to buy remains as keen as ever, The Government has provided for this by 'excluding ' live-stock prices from ceiling control! In the sale of meats, however, y the nature of competition. It-is now 'competition between retailers to secure the product which is available, In the effort to secure their _requirements, retailers commonly place their full. orders with two ~* or more houses,--feeling sure that even from the multiple orders, only a portion of their requirements will be shipped. Some products, for instance fresh pork cuts, have largely disappeared fromthe shops. One of the most acute, and disconcerting shortages has been that of beef in recent months. Space limitations permit dnly a bare: state- ment of the causes of this shortage. They were: -- { 3 tn 1. Owing to full employment, purchasing power 'was 'high, 2, 'Demand' was further increased by the heavy requirements of military camps, (Military requirements have recently : beer five million pounds monthly.) 3 ; 8. A further increase in 'demand' Was caused by the much:]ess. . than-normal supply of pork meats, : 4. As against these oxtra 'demand' conditions, 'supply' during - the Winter and Spring months, was short, Fewer cattle than. usual had gone into the feed lots. As events turned out, all Instead of this, abnormally. heavy Shipments went to y ited States. As a result of the above cond diese, in May and June "an Acute shortage of 'beef developed, Many shops for days on end were entirely without beef. : ia ed UREA (Continued on Next Page) shortage of product has 'changed. - the feed-lot cattle could have been consumed in Canada," .- nh