While we of the Crown Life are rightfully very proud of the remarkable achievement of our Company, we must not forget that in the last analysis the success of any business enterprise in Canada is dependent upon the general conditions existing in Canada. We are extremely fortunate in having so well survived the unparalleled depression that has smitten the world, and has perhaps most seriously affected countries with whom we are most closely allied in many respects. I think it can be said that this happy position is not the result of accident, but is due to the sound fundamental basis not only of our political structure but of our great financial organizations which have supported us during ihe long and trying years of our country's development."
Text read from the printed page and cleaned; old type leaves the occasional error.