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By DOUGLAS GREENWOOD You know its funny In the daytoday normality of going about my own business sometimes find myself tending to feel that things are still really not all that bad in the world Our world that is Of course we all know that Iran Russia China Cambodia and other captive nations are not exactly the sort of places wed like to be living But here in Canada And the United States England West Europe Well all that silly talk about coming collapse and des cent to world slavery under total government Like 1984 Naw It cant happen here Can it mean everything seems so normal basically Oh sure gasoline food clothing liquor heating fuel rents everything that we must have to live civilized reasonably happy life are costing more But the sun still shines We can still play our golf and ten nis and watch ballgames and go on trips and have parties and criticize our leaders and regard cop as threat only if were not driving properly and So on OUT OF CONTROL But then read things like our Auditor General sayin government spending is completely out of control an just the other day US Senator Russell Long chairman of the Senate Finance Committee warning This country is completely and totally out of control We dont know what we are doing in Congress We have no conception of the longterm deficiencies we have created nor do we know what the agencies bureaus and commis sions of this government are doing And unless we get han dle on this soon we are going to have major disaster in the United States And if that happened it would be major disaster in Canada and the World too Heres another US highranking senatorialstaff member speaking He said Its an exciting time to be working here he specializes in defense activities one can witness first hand the disintegration of president coun try and culture FEATHERBED Then read about the Operation Featherbed that dossier compiled by the RCMP in 1968 when foreign govern ment questioned Trudeaus candidacy for party leadership because of his Communist background It revealed that Rus sian KGB agents had infiltrated into the very top positions of Canadian government including the Privy Council and top civil servants Its not revealed who they are of course Thats what all the trouble is about But it goes right back to Igor Gouzenko the Russian embassy clerk who blew the gaff in 1945 The lids still been kept tightly on the complete ramifica tions of what was going on even after more than 30 years In fact there was second spy ring he warned of that was never investigated only part of the first ring was ever ex posed Then headline Whopping US profit increase has Carter and unions hopping hopping mad that is They should be dancing with joy When business prospers nation prospers which means we all do Can you believe it Its like living in crazyworld Getting mad because business makes good profit But you get the picture profits are sinful Theyre considered to be cause of inflation Ha Its government spending and their consequent printing of funnymoney that causes inflation But lets blame it on business Its like blaming bank for bouncing your check when you dont even have an account there The Department of Energy he says is an agency which spends most of its time and resources taxes trying to figure out ways to bypass the Free Enterprise system Language calculator ease pain MONTREAL CP If Ian guages are your headache cer tain capsules now on the market may ease the pain Amis MC 400 Translator cap sules each about the size of postage stamp slip into what its makers call the worlds first truly portable handheld com puter which can translate words and several complete sentences into three languages at time Its revolutionized travel says Reg Scullion Canadian distributor of the MC 400 With it you can go anywhere off the beaten track and you dont con stantly have to track down the English hotels so you know what youre eating The MC 400 resembles an or dinary pocket calculator except for its keyboard display of both letters and figures It holds up to three language capsules at time each containing basic 1500word vocabulary More advanced capsules are planned to hold up to 25000 words or what Scullion esti mates is 8000 words more than the average college graduate can retain PROVIDES TRANSLATION We all know how tedious it can be putting together sen tence out of dictionary or textbook says Scullion With the Amis you enter word or sentence press button and there you have the translation There are 50 complete or partial phrases prepro grammed in the computer to speed up the basic commu nication process Commonly used phrases such as Do you cash travellers cheques and requests for di rections appear across the gad gets tiny screen in blue light mg Other features include hold button which prevents proper nouns from being translated and search button to provide review of double meanings Capsules are available for six languages English French German Spanish Italian and Japanese Scullion says capsule for Russian is being rushed into production because of 1000 unit order from NBC television for reporters covering the 1980 Olympic Gama in Moscow The Amis is priced at $270 computer and $40 capsule 5hareholders told Simpsons wont lose TORONTO CP Simpsons Ltd one of the first to be caught up in takeover epi demic in recent months is not about to lose its traditional identity in the marketplace shareholders were told Tues day Allan Burton addressing his final annual meeting as Big Cedar Estates expands OK given Big Cedar Estates mobile home park located on Bass Lake in Cm Township will ex pand to total of 230 units after recent approval was granted by the Ontario Municipal Board The park will occupy approx imately 189 acres with open Bull says many residents are retired or semiretired and own second homes in Florida for oc cupancy during the winter mon ths For these snowbirds as Bull calls them free winteriz Make it family affair at Ponderosa And well make it an affair to rem ember With great steak dinners at great low prices And special childrens menu featuring alltime favourite kid stuff Its family affair at Ponderosa cause weve got what it takes to make family happy ing security and even transpor tation to the airport if required is provided There is also free lawn cutting and snow removal The real advantage of Big Cedar is that you pay less for your fully service lot in Big Cedar than you do in typical subdivision but get all the open space lands and real com munity atmosphere lacking in many subdivisions he said space areas for recreation bicycle paths walkways clubhouse facilities and beach area Dave Bull president of Big Cedar Parks Ltd said the park which started in 1971 was designed for 250 units Since 1978 it has had lot ownership program and sells factory built modular homes designed to look like typical single family bungalows we bring yourhot meal to the table chairman expressed com plete confidence that Simpsons will prosper and grow in its new association with Hudsons Bay Co and the Thomson news paper family must say think we have indeed been fortunate to be come part of this great organ ization called the Bay and we intend to play leading role in its ongoing success Burton was also delighted at the outcome of the Thomson Weston battle and we expect to proceed with our plans un changed Profits up says Weston TORONTO CP Record profits are good news to most businessmen However Ga len Weston appears concerned that his companys first quarter results may be viewed as embarrassing by some of the participants in the federal election campaign mile 1W mM 32 to Junior achievers honored Nell Costello Gerry Wilson and Ken Crawford all from Barrie Eostview Secondary School participated this year in business achievement pro gram sponsored by various orea companies The three young men were presidents of imaginary companies and numerous consultants were on hand to offer assistance The awards night was held over the weekend at the Barrie country club Examiner Photo by Dennis Lanthier Thomson outbid George Weston Ltd for control of the Ba its takeover bid for Simpsons ending Simpsonss long associ ation with Simpso and Sgargfiogbuck andg Burton 65 next January said he will retire as chairman about month before then but continue as director until he is 70 Both he and his nephew Edgar Burton president said it was not yet known who would succeed the senior Burton as chief executive officer The chairman told news conference that firstquarter after the Bay succeeded in nsSears Ltd Dollars sense By RALPH ALEXANDER DearSir The April 10 1979 Ontario budget proposed that Ontario will no longeroollect succession duties from persons estate have an estate of approximately $500000 including my house life insurance and various investments How significant will this change be in my situation and what specific changes should make in my will to reflect these changes WR Dear The withdrawal from succession duties was promised several years ago as response to the imposition of capital gains tax on the increase in value of appreciable assets About 3012 per cent of the income tax payable by Ontario residents on capital gains is paid to the Ontario provincial government with the balance going to the federal govern ment As the provinces share of this capital gainstax has increased substantially since its imposition in 1972 it would appear that the province anticipates that it can now afford to withdraw its succession duties This withdrawal was no doubt ex dited by the fact that of the rest of the provinces only Que ec levies succession duties The exact impact upon the total death duties assessed against particular estate created by death occurring before or after April 10 1979 will vary significantly depen ding upon the size of the estate the type of assets owned and the relationship of the beneficiaries to the deceased An estate of $500000 consisting solely of life insurance principal residence exempt from capital gains and fixed dollar investments not producing capital gains would not be subject to capital gains tax whereas succession duties would have been levied on all these assets after the $300000 basic exemption was deducted In this instance the withdrawal of succession duties might result in reduction in death duties of approximately $50000 on assets passing to the deceaseds children If an estate of $500000 consists largely of appreciated capital assets the total death duties are likely to be unaf fected by this change In calculating succession duties the Like to play tennis have lot of fun travel and compete in National Tournament Maybe even play before the TV cameras Announcing the Buick National Mixed Doubles Tennis Challenge Its new strictly for recreational players who play tennis for kicks and its for mixed doubles only It will be an annual series of tournaments The Challengeis mass participation grass roots program that will be played at Four Levels beginning in July and August at 198 Local Playdown Areas across Canadamoving on to 39 District Sites on Sept 8then to semifinals at Regional fife on Sept 15and peaking with the Buick Challenge National Finals Sept 98 and 99 The Finals and Challenge Cup awards will be telecast nationally Everybody wins Every Team wins something but naturally Winning Teams win more Plaques Trophies etc In addi tion to the Buick Challenge Cup final winners receive an expensepaid trip for four persons to Wimbledon England to watch the 1980 Championships est value $5000 Second place winners receive Please send me Buick Challenge tournament brochure and Entry Form Name Town or City Provmce Postal Code To be valid Entry Farrl applzcathns rue be postmarked no later than June 17 1979 Address earnings to be released soon will not be very have every confidence that the full salt The company which recently changed the dates of its fiscal year had net earnings of $309 million or 659 cents share for the examiner Thursday May 17 1070 11 identity the 56 weeks ended Jan 31 This compared with $310 million or 660 cents share for the 52 weeks ended on the same date and $181 million or 597 cents for the 52 weeks fitdéd JanIT 1978 great but we year will reestablish it SUccession duties almost grave robbery tax paid on capital gains is deducted from the duties payable Therefore if tax on capital gains totals $80000 no succession duties would be payable and the total death duties would be the $80000 Neither succession duties nor capital gains taxes are assessed on assets passing to spouse the tax or duty being deferred till the death of the spouse In addition certain ex emptions were available under the succession duty legisla tion for family farms or businesses to pass duty free or duty deferred to the deceaseds children tax deferred rollover of up to $200000 of capital gains is available under the in come tax act As you can see the exact impact of this change in legisla tion on your estate could be signifcant or negligible However this change is unlikely to require major surgery to your will unless your wishes with respect to your estate have changed Your will should reflect your personal plans with respect to your assets and should not be unduly in fluenced by tax considerations As gratuitous comment might add that of all taxes death taxes are surely the most immoral During the lifetime of successful man or woman income taxes often twice once to company once to the individual capital gains taxes property taxes excise taxes tariffs etc are all used to keep him from creating wealth Upon death the government seizes portion of the mans assets when he can no longer defend them These death taxes are often justified as necessary to prevent the increasing con centration of wealth However they have the exact opposite impact By causing the use of foundations and trusts to con tinue the deceaseds familys control over assets they perpetrate that control If the assets were passed directly to the individual heirs it is likely that through family disagreements and mismanagement the assets would be disbursed within one or two generations It is death duties which have continued the control of Ford Motors Company by the Ford family through the Ford Foundation Throughout history in every civilization grave robbers have been social outcasts The act should be no more accep table when performed by the state an expensepaid tennis holiday for four at designated location in Canada est value $3000 Register now to play Buick Challenge is open to Canadian citizens and perma nent residents aged 18 years or more as of December 31 1978 Both members of team must be amateurs and be unranked nationally in any category orprovincially in Mens and Xomens Open and junior categories only at any time within the last five years since January 1974 Foreign equivalents also apply Fullfime and parttime professionals anyone who receives money for instruct ing tennis Buick Challenge Coordinators Tennis Canada and provincial association officers and personnel are not eligible Tournament brochures including Entry Forms are available at any Buick dealership just ask or wherever you see the Buick Challenge counter display or by sending in the completed coupon to BUICK CHALLENGE HEADQUARTERS SPONSORED BY 40 St Clair Avenue West Canada Toronto Ontario aulcx and on behalf oi your Bunch Dealer