have kept away from expansion in foreign fields, 

 but it must not be assumed that, as a result of 

 this policy, the bank is not in a proper position 

 to look after the interests of its customers in 

 foreign countries, for it has excellent working 

 arrangements with institutions in other coun- 

 tries, which places it at no disadvantage in open 

 competition. 



The present directorate, the president of 

 which is Mr. Peleg Howland, a director of several 

 insurance and other companies, is a strong one. 

 The general manager, Mr. William Moffat, who 

 is generally regarded as a capable banker, has 

 had a long and varied experience in the bank's 

 service. 



An interesting feature of the activities of the 

 Imperial Bank of Canada is its recently organ- 

 ized Publicity and Service Department. Since 

 the close of the war, the bank has endeavored to 

 do its part in helping to develop Canadian 

 resources by opening many new branches, and 

 this particular department was organized with 

 a view to educating the people of Canada to 

 acquire the saving habit. The department is on 

 the alert to locate branch plants in Canada, 

 furnishing complete and up-to-date information 

 regarding the various industrial towns and 

 cities. 



Other functions of the department are to 

 ensure that the customers of the bank are given 

 the best possible attention and to be constantly 

 on the "qui vive" for any complaints or useful 

 knowledge that may be suggested either from 

 inside or outside sources. 



Prosperous Nova Scotia 



In the face of unfavorable commercial and 

 industrial conditions which existed throughout 

 the past year, in common with the rest of the 

 Dominion, Nova Scotia enjoyed a fair measure 

 of prosperity, the total of the province's natural 

 products amounting to $199,541,600, as against 

 $192,197,300 in the previous year, a gratifying 

 increase when the many handicaps against which 

 the province had to contend are taken into 

 consideration. The peak of industrial depression 

 has now undoubtedly been reached and passed, 

 and the outlook is for a steady and prolonged 

 improvement. 



In the year 1920, Nova Scotia coal mines had 

 a gratifying increase in production over the 

 previous year, although the limit of output was 

 largely withheld from industrial troubles. New 

 collieries have been opened up, and indications 

 are for greater returns in the present year. The 

 total value of provincial coal mined in 1920 was 

 $34,080,000 as against $25,000,000, or an in- 

 crease of nearly $10,000,000. There was a 

 slight falling off in coke and its by-products, 

 this item accounting for $4,200,000 in the annual 

 revenue, as against $5,771,000 in 1919. 



In all branches of agriculture there was 

 evidence of advancement, the continued develop- 

 ment of dairying being the most pronounced 

 feature. The crop of apples was the third largest 

 in the history of the province, and field crops at 

 the peak. Whilst in 1919 the products of the 

 farm amounted in value to $51,034,000, this 

 made a slight decline in the 1920 values, account- 

 ing for $49,456,500. The decline is explained in 

 the fall of prices in agricultural products during 

 the year, and not in a fall in output. 



Fishing, Mining, Lumbering 



The fishing industry, one of the most impor- 

 tant revenue-producing assets of the province, 

 although exhibiting somewhat of a decline when 

 compared with the previous year, gives excellent 

 indications of resuming its normal state, and 

 overcoming the disturbed conditions which 

 marked the phases of the industry in 1919. 

 Nova Scotia's fisheries in 1920 were valued at 

 $13,890,000 as against $14,350,000 in the 

 preceding year. 



Nova Scotia's mineral production, which 

 accounted in 1920 for 13.86 of the Dominion 

 total, had a value of $30,187,533, a substantial 

 increase over the 1919 value of $23,445,215. 

 Gypsum, limestone, etc., accounted for $2,475,- 

 000 of this, showing a tremendous increase over 

 the 1919 production value of $938,000. Building 

 materials and clay products jumped from $1,888, - 

 000 in 1919 to $2,312,600 in 1920. Owing to con- 

 tinued and prolonged industrial troubles, there 

 was a falling off in the value of iron and steel 

 products, the 1920 production value being 

 $15,520,000 as against $19,000,000 in 1919. 



The lumber trade continued in 1920 to hold 

 a leading place amongst the largest income- 

 producing resources of the province, and the 

 provincial lumber cut for the year was larger 

 than that of the previous one, accounting for 

 a value of $17,390,000 as against $16,965,000 

 in the year preceding. There was a fairly 

 substantial increase in the revenue accruing from 

 game and furs, these being responsible in 1920 

 for $850,000 against the 1919 figure of $675,000. 



Progress of Education 



The progress of education in the province is 

 indicated in the increased number of schools in 

 operation, the larger enrolment of pupils, the 

 better attendance at schools, and the general 

 increase in teachers' salaries. The technical 

 schools continued during the year to train large 

 numbers of returned disabled soldiers, and their 

 vocational courses were also taken advantage of 

 to a large extent by the civilian population of 

 the province. 



In matters of health, arrangements have been 

 completed for opening additional county clinics, 

 courses in public health have been instituted, 

 whilst health caravans have continued to do a 



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