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Com an will su more than 200 Pentastar named Chrysler distributor Chrysler Marine Division an nounced this week the appoint ment of Pentastar Inc as the distributor of Chrysler marine products in the province of On tario and Western Canada The company will be the sale and service distributor for Chrysler outboard motors powerboats and sailboats to the more than 200 Chrysler dealers in Ontario Manitoba Saskat chewan Alberta British Col umbia the Yukon and Nor thwest Territories Waltman vice president sales Chrysler Marine Division said The ap pointment of Pentastar as Chrysler distributor completes our longrange plan to convert ourmarine distribution system to private companies Other Chrysler distributors in Canada are Moran in the province of Quebec Avco Acadia in Nova Scotia and Domac in Newfoundland Pentastar Inc is new Canadian company head quartered in Barrie Ontario and headed jointly by Brian Poultry farmer speaks Craig Hunter $r formerowner of Hunter Poultry Farm in Stroud was guest speaker at the Christian Businessmens Committee of Barrie meeting Tues day evening Hunter in business since I939 had Another look By DOUGLAS GREENWOOD When you hear politicians blaming inflation on business does it make you mad Like in angry It should do Especially when its top dog jackal like President or Prime Minister whos doing the blaming It doesnt have to be top politician come to think of it Its just as bad when you hear some television commentator hanging his washed brain out for all to see and hear Or radio or newspaper pundit parroting such nonsense Its not only unfair to blame business for inflation its either deceitful or ignorant If its politico trying to shill you with con job its tyranny if its because hes half braiii having him represent us is as dangerous as having psychotic psychiatrist head up mental hospital DRlNKEN SAILORS Inflation is caused purely and simply by governments spending more money than theyve got Theyre like drunken sailors out on spree They dont have to worry about not having money with which to pay for all their crazy benevolent empirebuilding subversive charitable wise unwise thieving and so on spending its all in there and more some good some bad Trouble it its mostly bad spending these days Like shovelling billions of dollars into the pockets of Communist dictators and African terrorists thats what they call Foreign aid or whatever sounds good and aboveboard And thats not to mention the waste of money on the home front Need nioney Oh just authorize another issuo of treasury bonds That gives the central bank authority to have more money printed or more generally increase the credit on the books Instant money Its not only crazy its actually almost like war On us by our own representatives You think it isnt war weapon this inflationary scheme of printing money that is not justified by increased produc tivity Think again During the Hitler war he had millions of currency note forged ready to let loose among the allies This was to cause fiscal chaos It was never all that serious of course It was relatively harmless just like little piker trying to sneak few extra dollars of Monopoly money into Dollars sense is By RAIJII ALEXANDER Dear Sir As compulsive buyer of lottery tickets wonder if you would comment upon the merits of lottery tickets from ra tional economic viewpoint 18 Dear much better answer to your question was provided some time ago by noted economist That the chalice of gain is naturally overvalued we may learn from the universal success of lotteries The world neither evor saw nor ever will see perfectly fair lottery or one in which the whole gain compensated the whole loss because the undertaker could make nothing by it In the state lotteries the tickets are really not worth the price which is paid by the original subscribers and yet commonly sell in the market for twenty thirty and sometimes forty per cent advance The vain hope of gaining some of the great prizes is the sole cause of this demand The soberest people scarce look upon it as folly to pay small sum for the chance of gain ing ten or twenty thousand pounds though they know that even that small sum is perhaps twenty or thirty per cent more than the chance is worth Ina lottery in which no prize exceeded twenty pounds though in other respects it ap proached niuch nearer to perfectly fair one than the coni the highest sales record of any Dekalb Hatchery franchise In l957 He told the group the Lord guid ed him as he made many business decisions and helped him achieve success Examiner Photo Government to blame for inflation rate game Even that makes for pretty sneaky game And youd be mad as hotfooted hyena if that trick were pulled on you in game Well its being pulled all right Only its not game Its our freedom thats being gambled with and were being cheated out of it GET MAI So next time you hear what started out about you should get good and mad Oh sure Somebodys always gouging somebody else if they can get away with it Just like bootlegger and his customers Government caused that come to think of it But general ly speaking business cant afford to overcharge In free market youd just price yourself out of it if you did Theres an automatic price control the customer Of course when government steps in and restricts supply because of say marketing boards socialism or other restrictions and thus creates sort of monopoly for group of suppliers then theyre liable to be bit roguish and jack up prices suspect some gasoline and food prices could stand looking at bit But not all that much Mostly prices are up because government spending and thus government funnymoney is up If you tear dollar into two pieces and call each piece dollar you know and know and we all know except our dumb politician and commentators that calling the tail of dog leg doesnt make it leg So if the government gives you half dollar youre not going to expect the tinker or the tailor to accept it as dollar are you And if somebody owed you dollar you wouldnt let him get away with giving you half torn dollar as payment in full But thats exactly what our Big Brother leaders seem to expect of business Trouble is they judge everybody by themselves And business is neither dumb nor tyrannical Youve got to have lawmaking powers to be tyrannical Only government can be both at the same time What scares me is that Western inflation isnt the result of stupidity Whats actually going on is wellplanned longtcrm effort to bring about the downfall of the free world Ubiquitous lottery odds not as good as you think nion state lotteries there would not be the same demand for tickets In order to have better chance for some of the great prizes some people purchase several tickets and others small share in still greater number There is not however more certain proposition in mathematics than the more tickets you adventure upon the more likely you are to be loser Adventure upon all the tickets in the lottery and you lose for certain and the greater the number of your tickets the nearer you approach to this certainty Adam Smith The Wealth of Nations published 1776 In the popular national lotteries today it is normal for the total of the prizes to equal about 30 per cent of the money received froiii ticket sales Therefore if the prizes totalled $9 million you could be purchasing all 330 million worth of tickets assure that you win all the pries and consequently lose substantially poker game is zero sum game in which some players winnings equal the others losings and is therefore more rational economic speculation if you know how to play lottery should be regarded purely as form of entertain ment and should not be regarded as even worthwhile speculation In fact if ticket vo 17668485 doesnt win big in the May 27th Provincial Im going to give up the game en tirely Tutton president and Douglas Stoneman vicepresident and general manager Tutton has over ten years ex perience in the recreational products industry and most recenty was Zone Manager for Canadian Honda Motor Com pany Limited Stoneman was with Chrysler Marine for eight year and for several years held the posttion of General Sales Manager In addition to receiving the distribution rights for Chrysler marine products Pentastar has purchased the former Chrysler outboard motor manufacturing facility on Highway 400 north of Barrie including the entire stock of parts and product in ventory Initially the company will utilizethe facility as distribution centre Tutton said Our primary objective is to offer our dealers continued availability of pm duct and marketing support and leadership We have discussed this new venture with many Chrysler Marine dealers across Canada and received their wholehearted support This together with the ex perience of Doug Stoneman and myself and the contributions of the many former Chrysler Marine employees who have joined us will make Pentastar major force in the Canadian marine business Japan trade wanted TORONTO CP Still smarting from rebuff that humbled them two years ago Canadian politicians and busi nessmen renewed overtures this week for better trading relationship with Japan Their advances appeared Wednesday to be at least cor dially if not eagerly consid ered Following threeday confer ence of about 200 delegates from both countries two lead ing spokesmen described the meetings as having continued the process of increasing the degree of confidence and mu tual understanding between Japanese and Canadian busi nessmen In joint statement at news conference cochairmen Hisao Makita president of Nippon Kohan and David Culver president of Alcan Aluminium Ltd told reporters The emphasis which had been put on specific subjects in the industry sector discussions was welcomed by both sides as the best means of moving to ward greater trade and eco nomic exchanges between the two countries Reporters were barred from most of the sessions in which the atmosphere was obviously less strained than when Ontario Premier William Davis led trade delegation to Tokyo in 1977 Davis who addressed ses sion here this week was told two years ago that Canada had priced itself out of the world market and that the United States offered Japanese busi nessmen more attractive condi tions for investment business notes Domtar jobs move MONTREAL tCPi Domtar Inc the paper and building materials giant is moving about 30 headoffice jobs in divison of its chemical poducts group to Mississauga Ont from Montreal as part of regional consolidation plan Stuart Kerr corporate secretary and vicepresident of administration denied published report that the move was the first in plan to gradually phase out all 250 jobs in the Domtar Chemical Group from the Montreal head office Iranian oil flowing TEHRAN tReuteri Irans daily oil production currently is running at more than four million barrels the National Iranian Oil Co says Tuesdays estimated onshore producton was 3933000 barrels with an additional 350000 barrels pro duced at offshore wells Chairman appointed OTTAWA CPi Otta Thur 50 assistant deputy finance minister and former economics professor at the Linivesity of Montreal has been appointed chairman of the textile and clothing board the government announced Tuesday Jlllillillliltliiiiain if new Chinese buy plane Sun Daguan left director general of Chinas Na tional Bureau of Geology and Scintrex president Harold Seigel address delegation in Toronto Monday after the Chinese bought Twin Otter aircraft fitted with geophysical survey equipment costing about $l5 million The Twin Otter was built by De Havilland Aircraft of Canada Ltd and the electromagnetic survey equipment was sup plied by Scintrex Ltd CP Photo President says efficiency needed in talk to forest industry council VANCOUVER CP Forest product firms in British Colum bia must stress efficiency in all areas if they are to retain fair share of the market says the president of the Council of For est Industries of BC Donald Lanskail told the councils recent annual meeting the industry must regenerate and enhance the forests modernize manufacturing facilities expand markets improve their reputations as reliable sup pliers and attract more management talent RB Fisher the councils outgoing chairman said the in dustry should not rely on the competitive advantage enjoyed by forest product exporters be cause of the discounted Cana dian dollar Our competitiveness will have to be found in our ability to manage our costs and im prove out productivity said Fisher Jake Warren Canadian c0 ordinator for the multilateral trade negotiations in Geneva told the meeting that number of important concessions were Edper complaining TORONTO CP Edper Equities Ltd complaining of unusual circumstances of US restraining order an nounced Wednesday it would complete the open market purchase of 64 million Brascan Ltd shares it made April 30 and May for about $170 million Meanwhile Brascan mailed letter to shareholders giving reasons why its proposal to buy Woolworth and Co of New York is good for them It was the first time since making the Woolworth offer that Brascan has made direct appeal to shareholders al though Edper complained from the beginning that shareholders were not being kept fully in formed Sent with the letters were 40 000 copies of the 1978 Woolworth annual report COLELIA orutu RE THERAPY CLINIC FORMERLY BARRIE DENIURE CLINIC 7264721 MBA DUNLOP ST BARRIE MEMBER DENTUARIST SOCIETY SIM COE CARPET PRFESSIOALLY Borriol First Commercially Operated UPHOLSTER CLEANERS WALL T0 WALL CARPETS tRUGS FURNITURE CLEANED Truck Mounted Carpet Cleaning Unit 7284 761 Commercial Residential JOHN DUPAIN obtained for the forestproducts sector in the recent General Agreement on Tariffs and Trade GATT He said the concessions should enhance Canadas ability to increase exports of traditional and newer products to major foreign markets The importance of this agreement will be particularly evident to BC forest product producers he said products and prefabricated and sectional housing Warren said Japans tariffs also will be re duced on some softwood ply wood waferboard and par ticleboard In the European Economic Community tariffs will be re duced on wood and paper prod ucts The agreement with the US is part of an understanding which looks toward the develop ment of common North Ameri lumber will be lowered as will duties on number of lumber In Japan the tariffs on rough can standards for softwood ply wood Warren added ny olmmtk CORRECTION ln yesterdays Centennial 90 Best Buys ad please note the following price change The 90th item should have read PHOTO ALBUMS I2 pages magic cling transparent sheet holds photo in place Our Woolworth Reg Price L99 for $300 Woolworths regrets any inconvenience the error may have caused their vun RENTLl CARS TRUCKS NEW EQUIPMENT RENTAL SERVICE TILLERS lADDIERS SPREADERS ROLLERS ITEMS TOO NUMEROUS TO MENTION 7266666 16 MAPLE AVE