Strong Financial Statement From Bank of Montreal Chief
Bank serving 1.2 million customers reports assets totaling 1 313 065 000 with quick assets 1 036 610 000 and notes with the Bank of Canada 119 856 000. Lending activity reflects wartime conditions and a high staff turnover with 62 percent of military age staff volunteering. 36 members of the bank’s staff are prisoners of war or missing, and 36 have paid the supreme sacrifice. Plans describe reabsorption of veterans and financial aid to aid civilian reintegration after war ends.
MENTIONED IN THIS ARTICLE
Bank of Montreal
B. C. Gard
Gardner
Bank of Canada
Dominion of Canada
Dominion
Com: Wes
Tle
Motor Cara
Bank Staff Under Heavy Wartime Pressure
B. C. Gardner at Bank of Montreal annual meeting commends staff for long hours and varied duties. He notes pressure on managers and senior officers training inexperienced workers, and praises women clerks for rising to the occasion, ensuring continued banking services despite wartime demands.
MENTIONED IN THIS ARTICLE
B. C. Gardner
Bank of ‘Montreal
War economy shifts tradeoffs amid manpower limits
The text argues that wartime gains in one industrial branch will likely reduce output elsewhere. It notes manpower shortages already dampen Canadian production in gold mining, lumbering, and newsprint, signaling that the era of sweeping plant expansions has ended.
Clear thinking urged on postwar planning by W Spinney
W Spinney at Bank of Montreal Annual Meeting urges Canadians to pursue full employment and growth through initiative and competitive markets while recognizing prudent government measures. He warns against reliance on ownership and control by the state and calls for balanced economic policy amid postwar planning debates.
MENTIONED IN THIS ARTICLE
W. Spinney
Bank of Montreal
New Inventions and Cautious Outlook on Progress
The Brantford Expositor urges caution toward new medical rumors and postwar motor cars while promoting balanced thinking. It cites a Canadian soldier Bunny Ward who received a letter 117 feet long made of individually pasted notes from friends.
MENTIONED IN THIS ARTICLE
Bunny Ward
Sunday School Lesson December 19 Fulfilment of the Law
A condensed Sunday school lesson notes that the Golden Text Isaiah 9 6 Hebrews 1 1 2, and outlines the fulfillment of old prophecies. It discusses God speaking through prophets, then through Christ, the Word made flesh, with scholarly quotes on the progression from law and history to revelation in Jesus Christ.
MENTIONED IN THIS ARTICLE
la Son
God
Israel
Abraham
Moses
Delam
Peake
Sam
Marcus Dods
Logos
Richard la Rue Swain
Honest Labor Hope Voices War Lessons for Youth
Chuter Ede, Parliamentary Secretary to the Board of Education, argues that postwar Britain should value skilled craft as highly as clerical work. He condemns the frustration of youths trapped in unsuitable jobs when parents deem honest labor shameful.
MENTIONED IN THIS ARTICLE
Chuter Ede
Board of Eduation
Eight-hour day in war cited as demand by foes of humanity
The Hamilton Spectator notes that in every battleground where humanity is tested, good men are bleeding and dying. It argues there is no eight-hour day, no five-day week, and no double pay for overtime in war.
MENTIONED IN THIS ARTICLE
Hamilton Spectator
World Happenings Briefly Told
Canadian British and American engineers plan an early London meeting to discuss world standards in weights and measures. A V Alexander opened a Navy League exhibition and said the Sea Cadet Corps will continue postwar support. Princess Elizabeth rode to hounds with the King and Queen visiting Queen Mary. Air Commodore Simpson appointed acting vice marshal at RAF Gibraltar. Sir Cripps says 40 percent of aircraft workers are women. Indian army now 2,000,000 and growing at 10,000 monthly. Four major British toy makers plan quick reconversion for world market. New Zealand completed hundreds of houses with 3600 more planned in Auckland and Wellington. returned servicemen get 50 percent housing priority.
MENTIONED IN THIS ARTICLE
New Zealand
Auckland
Wellington
First German war criminal hanged near Kremenchug village
The Exchange Telegraph from Moscow reports the first hanging of a German war criminal, sentenced by a field court martial at a village west of Kremenchug. The execution used the same tree once used to punish a local woman for killing poultry without occupation sanction.
MENTIONED IN THIS ARTICLE
Exchange
Moscow
Kremenchug
Basutoland Government Loans to UK War Effort
Basutoland has lent about 517,200 dollars free of interest for the duration of the war, on top of a 440,000 dollar free gift to the United Kingdom government. Buy War Savings Stamps regularly.
MENTIONED IN THIS ARTICLE
United Kingdom
Basutoland
South Africa
Also Mentioned on This Page
Joaning
Canada
B. G. Gardner
Tere
Brantford Expositor
Arist
Honest
War
A.V. Alexander
Admiralty
Navy League
Sea Cadet Corps
Elizabeth
Queen Mary
P. Simpson
Air Feet
RAF
Ibraltar
Itamora Cripps
BBC
Russia
Morizont
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