"With respect to the outlook for the coming year, there are many Feasons which justify the hope for a betterment similar to that which we have witnessed. In the first place, T would say' that' events are emphasia~ ing how great is the national asset we possess in the good sense and. the homogeneous character of our peopl Then, as T have indicated, there is comforting statistical evidence that the clouds are lifting, and comforting evidence, too, that our resources are so large and 0 varied that when one door of opportunity closes another always opens. It has truly been said that Canada's salvation is that she sti a land with a frontier. Once wheat and forest products were the Important treasures of our sell, To these are now added gold and the highly important commercial metals with which this country is so lavishly enowed, T would be much happier it could say that marked improvement has been shown also in other coun tri the welfare of the indi fed upon that of the whole. Canada is particularly susceptible to outside influence: we must not forget that as our position is largely that of an exporter conditions in other cout ries must have a great bearing on conditions here, The address of Mr. Bog dealt wita the various details of the bank's bus.- ness throughout its widespread branch offices. He mentioned that a number of branches had been closed during the year, after they had been given a fair trial without proving profitable. The interest on Savings Accounts had been cut from 2% per cent. to 2 pet cent,, on November 1, it is believed that "this will assist the governmental bodies in their efforts to. establish budget equilibrium. Mr. Bog caution against lower interest, as this Would discourage thrift, rose oom Own Comesronset Wheat Grower's Victory London, Jan, 9.
Mr. Guy Doliman, Curator of the Natural History Museum, in a letter to "The Times" to-day, protests against the simultaneous killing in west Szechuen, China, of ten Takins by the American Dolan Expedition.
Mr. Dollman expresses fear that it is not likely that the hunters could save all of the skins of the ten Tibetan horned ruminants, and declares that the killing of so many Jof this rarest of animals was quite unnecessary.
'The Curator of the Natural His tory Museum, interviewed by your correspondent. declared that an' International Conference was "being convened by the British Government fo meet at the House of Lords next Aatemn to devise means of protect ing the flora and fauna of Asia, as already had been done in Aftica. Chinese and Tibetan offals will {take part in this conference, he added.
'A, magnificent six-foot model of South China junk, presented Sir Frederick Maze, "Inspector-General of the Chinese Maritime Customs, thas arrived at the South Kensington Selence Museum. This is the tanti: junk presented by Sir Frederick.
Ancient Play Continued The performance of "Lady Precious Stream," the 1,000-year-old Chinese comedy, the English version of which iwas written by Prof. 8, 1. Hsiung and was suspended during the Christmas holidays. because the Little Theatre, where it was being performed, had peep previously engaged for another performance, recommenced last nigh'.
'The popularity of this Chinese comedy' shows ho sign of" flagging and Prof. Hsiung has become quite 2 society lion.
Mr. Quo Tai-chi, the Chinese Minster at 'London, in a speech following last "night's performance, "complimented the company on' their skill in catching the Chinese spirit. He said that points in. this play, Jwhich suggested the most modernity Ju thought and phrase, were actually those in which Prof. Hsiung. very closely followed the original.
Mentioning the trading in mining stocks that has grown to considerable volume in the past few months, the Beneral manager cautioned against speculation in stocks that were not of Proven worth, He also expressed som doubt regarding the wisdom of the large expenditures authorized by the federal government for the carrying out of public works to alleviate unemployment. His feeling is that" {gradual Improvement in business con ditions brought about by a restoration of confidence is the permanent solution. He did not, however, £0 0 far as to say that this process coul) become suliclently extensive to eater. Up all the slack in unemployment. 1a fact, neither of the addresses, as one read them through, expressed any grave cancer for the welfare of the People who have struggled along through some five years of deep depression. From this point of view the Feports were a little disappointing.
'Once again the Dominion has. captured the wheat championship at the annual Chicago International Livestock' Exposition, making the twelfth since the year 1919. The crown was won by John B. Allsop, of Wembley 'Alberta, with an exhibit of one pect: of "Reward" variety wheat, His home {fg in the far northern Peace River Valley, where much of the wheat gown' is of championship calibre.
This is not the frst time that the fertile farm region of Wembley has been represented in the prize wine ners' list at Chicago. A neighbour of 'Allsop's, "Herman. Trelle, won the coveted victory in 1930, 1981 and 1932, ind is the only grain grower to win the championship for three years succession. He might have succeeded again, except for the rule that pre~ vents' him from entering this partscular competition for several years.
Allsop was not present to watch the judges as they made their careful ex. amination and testing of his wheat before, making the final decision. They measured, weighed, and sifted the fu't grains, and then sniffed them with the Keenness of experts before pin-ring the emblematic blue ribbon or the exhibit. He was back on his farm 400 Tniles north of the international border.
Text read from the printed page and cleaned; old type leaves the occasional error.