Ontario Community Newspapers

Orono Weekly Times, 4 Oct 1962, p. 6

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ORONO WEEKLY TF3ES r r r r r -s- -s- r r r r r r -r -s r -s- 5< r s-r r 5< «- s.? -r r r r r r r r s- r r r s- r r r r r r r r -s. s- r -Y s-Y 5- r r r r Y g r .4/ r r r g r r s.- r s-. s.- 5< r. 4 r g s- r r r r r r r s- r r The new Canada Savings Bonds pay 4My2% interest f or eaeh of the irst three years; 51., -r each of the next thiree years and 5y2%ý' for each of the final eight years -an average interest to matu- rity in 14 years of 5.11%ý! per year. In dollars and cents every .$100.00 you invest will grow with aceumulated interest to $172.50 at maturity. You can buy a $100.00 bond for as littie as 29 ý a day, through the convenient Payroll Savings Plan where you work. Canada Saving-s Bonds eau also be bought for cash, or on instalments at any bank, investment dealer, stock bro-ker, trust, or blan company. They are available in amounts as low as $50.00 to aniy Canadiani residet-adult or ehild-up to a limit of $10,000.00 per person, Estates, too, niay buy. Interest is payable annually by çoupon, or on the higher denoinatio5z by cheque, if desired. You can cash your Canada Savîngs Bonds at any tixue, at any bank, at f ull face value plus earned interest. Buy new Canada Savings Bonds today-best ever! Anentirely n"ew roSf lino is the chie! character-istc o! the 1963 OldsmoDbile Dynamnic 88UÔ(y Sedanshw hee It is one (--i the six Dynamnic 88 models, which include twoù sedans, a dope. two;c station wagons andi a convertiýble. Ali the ne w full-size Oltismo>bules are rerstyled throughouat antd feature an optional tilt-type adjustible steering wheel and iniproveti safety features. Racb e! the regular-si-'ze Oldsmobile series .- Dynamiric 88M, Super 88, 98 andti $arfire --bas !ts cown dIstinguishing sida_ chromne trim, All Dynamrlc 88 medels are powered by the famocus 280-horse TxAwer Rocket ergine or a 260- hborsepcwer ver sien frr use ,v;th regular gradegaoî. THUR8rYAY&, OCTOBER 4th,162 ____ r'i ILUORONO WEEKLY TIMES I Established in !--S8 by R. A. Forrester Roy C. Forrester -- Edit<tr and Manager I uebcSubscription pj-ayable ' n advance wc QabcjPoblshed every Thursdau i. fic o a'i&ta "k tImd il uu And !ntario eaisto buy simple to cash good to keep In a simultanee-us aninounce-mt from the two capitals> the Hon. Leslie Rowntree, Q.C., Iviinister of Trans-1 port for the Province of Ontarlo, uidi hiis couinterpai't, the Hon. Gerard Cournoyer, Miniter of Transportation_1 and Commun ýni cations for the Province of Quebec, said that legisiation niow in eff oct in both provincýes permits the payment of cdaimis arising out of motor vesicle accidents, where lia- bility exists, for, personal injury a'nd damages occasioned to a resident of one province by an uninsured motor- ist in the other province. An Ontarlo resident who sufffers damages occa? sioned by an uninsured motor vehic-le whlle in Quebec will have a right to aimi payment from The Quebec Highwavy Vic',tims Indemnity Funid. Quiebec residents suffering damages in the samne manner while in Ontario, *wil bo entitled to inake dlaim for paymnent f rom The Ontarnio Motor Ve- bidle Accident Clalms Vund. The reoiprocal arrangement wi11 ap- ply to motor vehicle accidents oceur- ring in either province on and after October lst, 1961. Ontario is pleasied to be the first province to have -reciprocal arrange- ments in such matters withthPrv ince of Quebec. Mr. Rowreea~ pointed out that in addition te the Province of Quebec, Ontario niotor- ists enjoy similar protection against the uninsured motorist while in other provinces and that residents of. other provinces enjoy the samet protection while in the Province of Ontario. KEEN TEIEN TEXT FOR HO-NE NUIRSING interest te its pages. TÈeenag-ers have the ability and the wiIl to do their- fair share in times of emergency in thehme The Teen Home Nursing Mainai shows theiru how. Courses based on' the new manuai wili be org-anized shortly, and for any club organizers and directors Who wish to toacli tho-se courses, an in- Structor's guide is available, Certain, parts of the course muitho taught Àby a qualified nurse, but niost of!'-t mnay bo taught by a te-acher or a teen- age club dLirecter. It is a good pro- ject for groups like OGIT, Girl Guides,, Boy Scouts and Churcb Clubs. Copies o! the now mannual and the Tinstructor's Guide are available fromi ýMrs. 0. C. Heri-ington, Director of Ontario Junior Red Cross. There is! a charge of $1.00 for the manual, to cover costs of printing and distrtib- tion. Whien ordering the nianual, please Bond choque or money-erder wlth your order, as shipment cannot be macle until the nioney is received. Orono [)rama Festival With thne most successful staging of the four-th apinual Oonoý Dramia Festival uinder the sponsorship of the Durhami Central Agi- cultural Society it is disquioting te hear rumeurs to the effect that this was possible the last time that the Festival wifl be beld in tlheFý Village of Oiýono. Through conversation it lhas been stated that he Festival may mnove te another centre, possibly Bowmanville. The D)rama Festival bas definitely grýownnintc adulthood witb ts four stagings in the village of Orono. The calibre of the productiona. have also shon-ýprovement and of the eight plays presented i the recent festival seven were excellent performances providing rear- live theatre entertainment. Reasons for mnoving the Festival arise fromn the lack of suppo)rt and the lack of botter facilities. This could be true te a point for few- 'local citizens were noted in attendance at the 'Festiva~l this year and' the Town Hall is lacking in some features in presenting live thoiatra, especially in accommodation for the artists. On the other hand Orono has supplied workers for the pro-' motion, organizations and individuals have provided tr-o>iies and other services have been forthcoming. It would have te bie recognized, how- ever, that more support could bbe gîven and should be given to hoidi' the Festival in Orono. No doubt too much hias been taken f or granted.- Now that the Festival has been 'well established and thîs year will more than pay for* itself il would be a shamne for it to leave îtss staging in Orono. Surely we are net te lose anether feature of the Village. Canada And Trade The guest speaker a the Durham Conservative Convention îla' Onothis weeý, str'essed that "Canada must exporltot live." hi tlirme cari 7ot be disputfed and is not the houghts only of Mr. Cm- bell but is one which is being voiced throughout the nation. It is qio evîde(int that Canada muist be an exporting country and that a reverSa-L 0,f the export - import unbalane must exist in order to restore Cn. da's ecenomny. Mr>. Campbell hit upon the PoiKt-war ioomlu is speech o Mocnday which was a pei!od in which Car adian xprt were nra- ig and a home miarket for miany new prýoducts was open. Today thW, growth of these markets are net excellerating at the saine rate. Ho)tne appliance need and home construction need on a per capita bastÉs il below that of the late fifries and the large capital developments art- fû-wer. This, ef course, has retarded the econemnic growtb of the couna- try and ne substantiial substitute lias as yet been found or implem)-en'tod qanadians, on a per capita basis, are one o! the largest impct.- ers at a rate of $235 per capita per year while those in the Un'Ited. States import at the rate o! $35.00 and in the U. K. at $75.00 per capita., The deceieration o! our growth in experts coupled witb. the bigbi im- port rate bas caused economic ills whicb Mr. Campbell states mnus' be faced up to realistically. The cure lies in many bands and -no single agency can turn te tide. Cimiadian industry must gear for world competitien and musýt f!lnd markets outside of the small Canadian market for their product&s These products shg>uld contain quality and price te, cempete for new imarkets. Manu!acturing industry must ge-ar for a new era. As individuals, a reduction can be instituded in imiports and a feýeling o! Canada needs YOUJ and YOU dan help sbeuld be part oW our code. Govornmnent also plays a role in aslisting 1With the program eof selling more abroad. It provides the taxation structure in which indus- try operates and the present factor appears a burden foi- there is n-, dou-bt that those industries operating sucecessfull y and onua'LaT hat could comipote in the world markets aire, taxed Io give sup oteohr that throuigb inefficiency or other reasonis need support. Govei-nmient a-ise aE-sists in openiing oipportu!nities wit ,oter foriresfr tradle and iii titis area a ura shang e is be)ýin12s.r.Oeci througonit the world.Cad, we strongly feel, le)st a goldenoprun ity in, the late 50s w.hlen at the Quebec conif-eien rianpropoýsed a freo trade ,area w.-Pi Canadla. This was turned aside bY Caýnada as1,uni- rlealistic,' yet t'oday sn1cb areas are posi,ýng as a threat te Canadian uex-,ý perts and in tbeniseivos are operating as sucicessfui units. - Tihe rodent Comimoniwealth Conference saw little achieved 'àn tradce relations or in, trade proposais. The theme o! this Conference was somie five years tee late - . I t surely sbould have been exploDred te a mnuch greater dep)tb at the Quebec conference. lt must 1hoi agreeC with Mr, Campbell that export trade is aaî ipratfactoi r in Canada-'scenmy and that it is everyone's r- J - viullu PIIONF 9ri ÙRONO oe(

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