Built in Stabilizer for Future Budgets by Royal Bank Chair
James Muir, chairman of The Royal Bank of Canada, outlines inflation risks from 1955 boom and critiques credit growth. He flags consumer, term, and mortgage lending as key dangers and discusses a built in stabilizer in fiscal policy tied to gross national product, cautioning its potential passivity and need for regulatory balance.
MENTIONED IN THIS ARTICLE
Canada
James Muir
Royal Bank of Canada
NHA
Muir
Royal Bank deposits top $3 billion amid expansion push
E M Sedgewick, General Manager, announced the Royal Bank’s assets reached 3,284,143,065 with deposits surpassing 3 billion, a historic high. He cited liquidity of 61.24 percent, best account at 108 million, paid-in capital 42 million, and 14,500 staff as 39 new branches opened in 1955 and 28 more under construction. He noted extensive international expansion including Rio de Janeiro and Caribbean plans and urged prudent credit restraint in cooperation with government policy.
MENTIONED IN THIS ARTICLE
E. M. Sedgewick
The
Royal Bank
Publc
Sedgewick
NHA
Bank of Canada
Canada
Royal Bank Abroad
Rio de Janeiro
Caribbean
Mr. Sedgwick
Inglis News Roundup and Bonspiel Winners
Inglis reports Ted Carpenter visiting from Minnedosa and others in town, local hockey results with Inglis Bantams losing to Rossburn and Russell, and a busy Manitoba Northwestern Bonspiel with many prizes to Russell, Inglis, and McAuley rinks. Legion L A officers elected, upcoming whist drive, and community notices.
MENTIONED IN THIS ARTICLE
Ted Carpenter
Minnedosa
Inglis
Herb Liske
John Bawereiss
Sacred Heart Hospital
Russell
Tom Jackson
Winnipeg
Women's Institute
Iris
Berrington
Leonard Berrington
Iuns Fromd
Inglis Ladies’ Auxiliary
Legion
Legion Club
Minnie Freier
Stan Jackson
Earl Jackson
George Anderson
Stan
Mr. Anderson
Mary
Rossburn
Carman Gray
Nistor Holunga
Emil Zimmer
Herb Lorimer
Emil
A. Werschler
Adolph
Legislative
Graham
Royal
Jack Robinson
McAuley
Spike Litzenberg
Dunc Wowk
J. W. McKenzie
Edgar Mench
Steve Onchulenko
Louis Borkofsky
Robert Ziprick
Harold Moster
Bill Lungal
Herb
Jack R
Inglis Curling Club
N.W
Norman Andrews
B. Schendel
Haas
Fred Ohlinger
MacNutt
Sask
Walt Hombroff
Ed. Leifer
A. Livingstone
Clem Roberts
Dane Wowk
Roy Cusiier
Frank Schentag
Pete Morris
Jim Webb
Manitoba
Louis Klimack
Paul Fingas
Herman Ziprick
J. Mansell
G. Graves
D. Falloon
C. Tibbatts
Foxwarren
Ruben Hartung
Alex Mitschke
Jack Rudy
Calvin Cornelius
Langenburg
Sask Royal
Stanley Jackson
Bill Sonnenberg
Adolph Marshall
Burke Garnett
Harold Garnett
Harold Jacobsen
Robert Halvas
Gordon McKay
Alex Chesky
Alex Craig
Gordon Loney
Dee Sanderson
Len Margetts
Alex Kieper
Keith McComb
Ed. Low
Mike Yankoski
Russell Johnson
Harold Murray
Binsearth
Phil Ziprick
Bob Jackson
Elmer Lucyshyn
Percy Switzer
Kostiuk
Stefanishyn
Sidoryk
Angusville
Agaregate
Case Oil
Also Mentioned on This Page
Canadian Red Cross
United Church
Ing
Legion L.A
Ladies’ Auxiliary
Legion Club Room
Robert Burns Birthay
E. Martel
M. Patterson
Phyllis Franklin
Dorothy McKay
Dora Fingas
Saimi Iftody
Doris Onchulenko
H. Newell
Olive Breckenridge
Hilda McKenzie
Way & Means
Jean Moster
Beatrice Dunn
Welfare & Sick
W. M. Gillies
Jessie Dunn
Anne Adams
Franklin
Fingas
John Deere Day
Avalon Theatre
Tim
E. (. Shepherd
John Deere
Russell & District
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!