. Busyman's Magazine, July-December 1907. used to be—real estate, forinstance. Fortunately for Canada, the TrustCompanies are not as big a featureas they are in the United enough, the public thinkeverything of one extra per centumon an investment, and to get it theywill willingly transfer their savingsfrom a place of absolute safety toone about which they know absol-utely nothing. Many of these loan-uig institutions have a comparative-ly free hand; they take deposits toany extent that suits their conveni-ence ; they lend money on real es-tate, etc., should depositors makesudden de
. Busyman's Magazine, July-December 1907. used to be—real estate, forinstance. Fortunately for Canada, the TrustCompanies are not as big a featureas they are in the United enough, the public thinkeverything of one extra per centumon an investment, and to get it theywill willingly transfer their savingsfrom a place of absolute safety toone about which they know absol-utely nothing. Many of these loan-uig institutions have a comparative-ly free hand; they take deposits toany extent that suits their conveni-ence ; they lend money on real es-tate, etc., should depositors makesudden demand^. A Trust Com-1,any is practically at the mercy ofits banker. It is easy to imagine?ander these conditions just such afinancial crisis as happened inNew York the other and Loan Companiesshould have a proper cash re-serve and be placed under the strict-est government supervision. Theyshould regularly publish an author-ative financial statement so that thepublic may be kept duly informedof the business being SIR CHARLES MOSSChief Justice of the Court of Appeal of Ontario Sir Charles Moss, on whom the honor of knighthood has recently been conferred,is one of the links which binds old Canada to the new. His career has been one ofunremitting- public usefulness. After completing his public school training he wasengaged for some years in business with his father, the late John Moss. In 1864 hecommenced the study of law and was called to the bar five years later. Hiscourteous and upright manner as well as the intense and quiet fervor with whichhe devoted himself to duty soon resulted in his elevation to the Bench. The lawfirm with which Sir Charles was connected has a rather interesting history. It hasgiven four other judges to the Bench of Ontario, the late Chief Justice Harrison, thelate Chief Justice Moss, Chief Justice Falconbridge and Mr. Justice Osier. Once did Sir Charles aspire for honors in the Provincial Legislature but withoutsuccess. There is n
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