The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

rv Job insurance changes blamed for increasing unemployment The BorriefixomlnerrThsrséexrfiygus 19764 IIIIVIIIAIIIZI SIIIIAPNIII DESCRIBE llEIOIlTION llritish tien llenry Shrapnel Ati lnla is klrid of decora invented the shrajinel shell tioii usua ly made by cutting which is fired in the air liy ii design out of the surface of one time fuse scattering fragments material and putting other mar oVer ii large area terials into the hollows Ry SINCLAIR STEVENS MI YorkSlincoel The Canadian economy struggling to recover from its 197475 slump is now faced with two governmentcreated pro blems We have an overly relaxed unemployment in surance scheme linked to an overly severe ant iinflation pro gram Canadian ttneriiploymenl in surancc has become major work disincentive and it has in creased unemployment levels iii the country In booklet released this month entitled Unemploy ment in Yanada The Impact of Unemployment Insurance the authors liristopher irecn and leanvMichcl riiisiiitaii conclude that the impact of unemployment insurance on the unemployment rate is not less than one percentage poitit and they believe it could be as much as 15 percentage points the two years following the passage of the UI Act of 1971 there was large and un mistakable increase in the ratio of job vacancies to unemployed persons for given rates of unemployment The resultant shift in the unemployment vacancy relation suggest substantial worsening of labour market frictions in 1972 and 1973 and is consistent with the hypotheses that major liberalization in the benefit levels coverage and ad ministration of the unemploy ment insurance program will tend to raise the rate of unemployment The second problem facing the Nation as we try to regain otir lost momentum is the governments current approach in regulating business and labor in the name of fighting iii flation Labor spokesmen have complained that the program is inequitable Now businessmen unable to generate the required cash needed to produce more jobs and business activity It appears that the proposed changes may well lead to postponed investment decisions and an increase in umemploy ment thereby delaying econ omic recovery ACTION NEEDED It is essential that the govern ment moves as quickly as possi ble to remove this double headed threat to our future pro sperity Faced with evidence that the unemployment in surance changes are in fact contributing to unemployment it is necessary that the govern ment correct these oversights without further delay Certainty rather than press as the government has been to ing for the early introduction of guaranteed annual wage which would be further disincentive to work it would be preferable for the govern ment to shelve that idea and ciple of insuring only those who cannot in fact find work Secondly faced with le gitimate criticism with respect to the antiinflation program it is important that the govern ment responds to this criticism to insure that the economy is not needlessly impeded ALI AFFECTED When the governments new regulations with respect to the ant iinflation program were an nounced last May request was made for businessmen to respond and suggest if changes should be made Businessmen have been doing exactly that pointing out that the regula tions will dull our economic recovery Now it is surprising to hear lean Iuc Pepin chair man of the antiinflation board comment that he is pleased with this negative response from business It indicated the new regulations are having suitable bite he states Unfortunately it is all Cana or WHERE ELSE IN BARRIE CAN YOU FIND GUARANTEED MERCHANDISE AT 50 BELOW RETAIL COME IN AND WATCH CANDLES BEING MADE FLORIDA TREES POTTERY RIGLES OFFICE EQUIPMENT MOTOR BIKES SNOWMOBILES GIFT WARE POTTERY CERAMICS HOUSEHOLD FURNITURE ALL AT 50 BELOW RETAIL GUARANTEED PRODUCTS ERRON SALES OLD TOWN MARINE BUILDING TENNIS COURTS UNDER CONSIRUCIION lhiit represents out of total mm and mm film that tho 7m 0m unpmpluwd 100 margin rates being set for their spend their time making the dians who will suffer from the 60 Toirvew Rood lust South of Holiday Inn lon Pratt presutent of Ilar ches construction of the llar operates the crane tlie mum artiVities Ih lnItOdlKllOIl ot iintmployment insurance suitable but as they hdvi Besule 400 Hi hwo Pliori 728 4378 pfiwvd hllgly 2m mmuwuvuy and mo general scheme more workable and been suncrmfl from rho p011 rie Indoot Tennistoutts and tie lndooi Itlllllh oiirts quarter million dollar com find but 50mm they Musl0 in me program Wm how program that would mourunpmmnymmi insuranco owner of coptractin coin complex on Hell arm Itoart ptix will open Met 29 illx °° llY D°Y pletera cheque lhislat result in our industries being come back to the original Drin approach Pflny Will as hynuon Htl tlllploycc rllllllltlllltlllll ad ONLY BIG SAVING DAYS LEFT Shop Monday to Friday 9am9pm Saturday 9am 6pm EVERY WASHER EVERY DRY NOW ON Over 1000 Washers and Dryers to choose fro Hurry in Tonite and Friday Nothing is held back our total Inventory is on sale ter group are encouraged not to seek work dtte iii large measure to an overly relaxed liberal unemployment insurance scheme MAJtllt PROBLEM The Green ousiiieau pub licatioii sponsored by the Economic touiicil ot tantida makes it clear that the govern tneiits amendments to the Unemployment Insurance Act of 1971 contributed substantial ly to the present unsatisfactory dilemma It is pointedout that Iluriiig Art thieves hit hard in Egypt By LISICITII RALOUNY fAIltt All Nobody has tried to smuggle the Great Pyramid out of Egypt yet But thefts of the countrys nntie quities have reached such wholesale proportions that it seems only matter of time be fore there will be big hole in the sky near Cairo The pipeline from tomb rob her through illegal dealer to foreign buyer has swollen to un precedented dimensions iti re cent years say officials of the nations antiquities depart ment Art objects are disappearing right in the airo Museum and the lust for ancient gold has led robbers to beat the antiquities department to undiscovered burial sites twice this year lhoroughly alarmed parlia ment is enacting new law im posing $500 fines and sixryear jail terms on anyone caught stealing art art object It will be enforced by newly created force of 2500 detectives and guards who will fan out across Egypt to protect its cultural heritage IIIIIHIF AiiINSI IN FLAIION The demand for art objects comes mainly frorri European and American collectors who buy them as hedge against in flation Egyptian officials say They claim relatively few stolen treasures are sold inside ERYI We believe there are more Pharaoiiic atitiquiies outside Egypt than in otir museums says Ahmed Kadry deputy uti dersecretary of state for cul lure Frankly there is no way we can find out lioyy much has been stolen Kadry said If were to guess would say billions of dollars worth but that would he only guess Thefts or attempted thefts that have been discovered are believed to lie the tip of the ice berg but they indicate the scope of the loss Last year two detectives found the bullet riddled body of man lying in the desert near the pyramids Acting on tip they rattled house in the near by village ot lalbey and round what officials said was the se cond largest board of anti qutties ever discm cred Automatic Washer 8r HeavyDuty DryerTonite And Friday Save Even More Automatic wash speeds asher eatures regular speed Spin Speeds Normal cycle for all regular washing gentle cycle for all delicate washing tor normal wash low speed for delicate tabrics Set dial machine automatically programs for normal delicate and Permanent Press Has 3wash and rinse temperature settings Porcelain top and lid Safety swrtch stops machine when lid IS open Pump guard keeps toreign objects out ot pump Free installation to proper connectiOns Can be purchased separatety for $33838 HeavyDuty 3Program Dryer features Permanent Press cooldown care temperature heat selection in timer Topmounted lint screen Cycles Normal Gentle and Permanent Press cool down care large cu ft drum Pushtostan safety bunch Heavyduty construction Posmon Can be purchased separately t0r $19477 emperature Control Handles all loads with ease Tonite and Friday Only CONVENIENT Top Mounted Lint Tra in dryer Easytoreach easytoremember Exclusrve Agitator in washer gives you Super clean washing power Protective Pump Guard in washer traps pins and things moan srncun PAIILAID Hardtop tram SA VINGS UP 300 untruem Delivered 44 IF YOURE IN THE MARKET FOR WASHER OR DRYER YOU CANT AFFORD TO MISS THIS GIGANTIC SALEII mm NCBODY BEATS BAD BOY FOR QUALITY VALUE AND SERVICE LEISURECRAFT fizfiuflflflmfif CAMPERS My ll North Gaolo Aloy 1310076 HIGHWAY 26 27 BARRIE 7267053