Word: ashforth
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Canada, most prosperous nation in the world after the U.S., closed one of its brawniest years in a brawny decade. "Canadians in 1959," reported President A. C. Ashforth of the Toronto-Dominion Bank, "produced more, imported more, exported more, spent more, and saved more than in any previous year...
...more heavily on U.S. buying, the richness of Canadian resources ensures long-range prosperity. By 1970, one government commission estimated Canada should have a population of 21 million and a gross national product of $50 billion v. 1959's $34.5 billion. The "surprising '50s," pre dicts Banker Ashforth, "should be succeeded by the exciting...
Said Albert Clifford Ashforth, president of the Toronto-Dominion Bank: "Canadians never had it so good. In 1955, they produced more, imported more, exported more, earned more, spent more, consumed more, borrowed more, saved more and invested more than in any previous year...
...Ashforth sounded a little more like a barker making a midway spiel than a banker making a year-end report, he had good reason. Any Canadian taking stock of the nation's economy at the close of 1955 was bound to be buoyant. The year had begun with some 500,000 unemployed, and with spreading fears that Canada's postwar boom might be collapsing. Not only did such fears turn out to be unfounded, but 1955 turned out to be the best year Canada ever had. In Ottawa last week, the chief watchman of the country...
...director of Jokake School, Mr. Ashforth cannot be wrong, but he ought to inform his fellow townsmen of the meaning of "progressive" in education. Before going to press with the story TIME queried Jokake by wire, was informed that the school was progressive...