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NEWSROOM Dave Henshaw managing editor Sean Finlay city editor Randy McDonald sports editor Bill Curranrcounty editor Bill McFarlane wire editor Hope Dempsey litestyle Roll Kraiker photographer Published daily except Sunday and statutory holidays Subscriptions WEEKLY by carrier Barb Boulton 90cm Dana Graham YEARLYby carrier John Zarecky 546 go CIRCULATION BY Boa gt National advertising ottices 65 Queen St Toronto 864 1710 640 Cathcart St Jon Butler manager Ham SIMCOE coumv M0092 stetwaRoycee manager 535 so The dIlVlfISEY agrecs that the publisher shall not be liable tor damages arising out Judy Hickey MOTOR THROW OFF oi errors in advertisements beyond the amount paid tor the space actually occupied $39 ycAr by that portion ol the advertisement in which the error occurred whether such error AVLapame ELSEWHERE CANADA Elaine pone $38 due to the nrqligencc oi its servants or othervwse and there shall be no liability for Mary Scar non insertion oi any advertisement beyond the amount paid for such advertisement ADVERTISING Len Sevick manager SALESMEN Dan Gaynor Lyall Johnson BUSINESS Marian Gough accountant Betty Armer Dorothy Bowland Gail Mc Parland Vikki Grant The Examiner is member of The Canadian Press CP and Audit Bureau of Circula tions ABC Only The Canadian Press may re publish news stories in this newspaper credited to CF The Associated Press Reuters or Agence France Presse and local news stories published in The xaminer The Barrie Examiner claims copyright on all original news and advertising material reated by its employees and published in this newspaper Copyright registration number 701815 register at the examiner serving barrte and simcoe county Thursday August 18 1977 Published by Canadian Newspapers Company Limited 16 Bayiield Street Barrie Ontario 14M 4T6 REP°RTER5= John Bruce Paul Delean Richard Dunstan Pat Guergis Scott Hasklns Sheila McGovern Sue Routllfte CLASSIFIED Ruth Btais supervisor Leslcy Young Freda Shinner Karen Atkinson Pecov Chane Elio Agostini publisher ADVERTISING 7266537 NEWSROOM 7266537 cmcuunon jib6539 CLASSIFIEDS 728241 BUSINESS 7266537 How to bolster our dollar value It is hardly surprising to read where many Canadians seem to be mystified by the decline in our dollars pur chasing value against the US currency In country of comparatively sparse population with so much in natural resources one might expect the very opposite Many people particularly those who do much travelling to the south would be happy to see it pegged at par There is the argument that Americans can produce some goods cheaper for example automobiles because they have much larger market which reduces the per unit cost Some politicians have suggested that Canadians as whole are living beyond their means Of course any such reference always refers to the other fellow Deficit financing of recent years which has been piling up our national debt despite recordheavy taxation has been frequent target of complaint So has been the rising unemployment increase in prices and cost of living index even with controls and business decline While all these factors have been viewed with growing concern the economic picture is not all dismal On the iii tcrnational market the decline in the Canadian moncy makes our exports more attractive to foreign buycrs because their money goes further here This should help regain some of our lost foreign trade Action to encourage more American tourist trade in Canada also would be of considerable help Canadians spent much more in the United States during the past year then Americans have in Canada This is the reverse of few years ago And any move to drop wage and price controls while the present trend continues would only add to the economic problems down memory lane 20 YEARS AGO IN BARBIE From the Examiner August 18 1957 Construction work on the new North Collegiate was nearing finish with assurance given it would be ready for the opening of the school term in September Name of the Barrie District Collegiate In stitute was changed to Barrie and District Central Collegiate TR Bowman was principal of Central Collegiate and JA Hamilton of North Collegiate Thomas Kerr was appointed new postmaster of the Barrie post office succeeding Roy Kightley who was transferred to Ottawa earlier Duncan MacRae principal of Collingwood District Collegiate for 13 years con firmed he planned to go to Switzerland to become member of the teaching staff of Neuchatel Junior College At special meeting of Vespra council the tender of Varcoe Brothers for laying of hot mix asphalt on the 10th Con cession road was accepted at price of $67075 Warden Fisher Ganton of Hillsdale accepted an invitation from George Graham of Eady president of the Coldwater Agricultural Society to open the an nual Coldwater fall fair Bucko Your business By VINCENT EGAN Business and Consumer Affairs Analyst Thomson News Servicc Giving credit where it is due is fine But giving credit where its overdue can spell big troublc for small businesses Overextension of credit is trap into which small business can easily fall in its quest for more sales Dclinqucnt accounts quickly become significant item of business expense but theres no rule of thumb that applies to all businesses llowcvcr business is clearly in trouble when debtor issues cheque that bounces or becomes difficult to reach or movcs away The longer an account remains delinquent the less chance there is of collecting it Collection agencies are often the last mom for small businesses They will undertake to collect delinquent accounts for pcrccntage of the amount involvedsaand if they fail there is no charge The commission rate levied by collection agencies is sometimes negotiable Factors to be taken into consideration are the nature of the account the length of the delinquency location of the debtor and the necessity of legal action in good many cases if small business fails to collect its debts either directly or through an agcnc it eventually finds itself confronted with iankrupt debtor If that happens the unsccurcd creditor such as the small business that is left holding delinquent account is likely to end up collecting loss than 15 cents on each dollar of its account survey of 47 bankruptcies conducted by two professors at Dalhousic University in Halifax and reportcd in IA Chartered Ac countant magazine showed that payments McDonald coach of Sundridgc Beavers for two years was ap pointed coach of Sault St Marie Greyhounds of the Northern Ontario senior hockey loop Coll ingwood golfer Tom Watson fired 74 score to win the Simcoc County invitational golf tournament at Lake St George course Dr Git Church of Orillia was second with 75 Llewellyn Beaver was elected president of the Council of Simcoc Arts and Crafts Association for the 195758 term Simcoc East member of the Ontario Legislature Lloyd Letherby of Coldwater was invited to join group of members on an educational tour of northern and northeastern Ontario arranged by the lands and forests ministry An increase in telephone rates was asked by the Bell Telephone com pany in an application at Ottawa Oneparty linc rates would be raised from $390 to $430 month under the proposal and twoparty rates from $310 to $340 per month With Don Johnston pitching lhorn ton defeated Barrio Flyers to in the first game of the best of thrcc baseball playoff series Centre fielder Brolcy with three hits led the winners offensive The pitfalls of easy credit to unsecured creditors uvcragcd 145 per cent of their claims and 302 per ccnt of the proceeds of the liquidation of thc hunkrupts assets Administrative costs took in average of 406 per cent of thc proceeds including 24 pcr cent to the trustcc in bankruptcy whilc secured and preferred creditors rcccivcd till average of 232 per cent Cccil it Dipchand and Roy itorgi questioned whcthcr unsccurcd crcditors rcttlly receive their fair shurc The Study found that thc administratin costs in bankruptcy tcndcd to rise in direct proportion to the amount of the liquidation proceeds although the authors felt it Would be reasonable to cxpcct thcm to rise at decreasing rate sincc port of thc ad ministratch costs arc tixcd rcgardlcss of the total at stake And although the Bankruptcy Act established 75 per cent trustcc fee as norm courts have approved fccs averaging about three times that amount in recent years Another characteristic of bonkruptcics is the long delay even in the case of small bank ruptcies In the worst case rcportcd in the survey it took nearly seven years to sctllc tllc distribution of bankrupts assets $13700 Again this puts the trustee in favorcd position largely at the expense of thc un secured creditors says lrofs Dipchnnd and George Bankruptcies of customers in other words arc an expensive headache to thc busincsscs that have extended credit unwiscly The course of prudence especially at time when economic conditions are slack and people are highly transient is for businesses to steer clear of the kind of credit risk that may eventually lead to delinquency and then bankruptcy Parliament hill It SIIZWAHI Mucllltll ltami lturcau Thomson NcVi Service thn pickcd up the morning nciispupcr and saw that the Yncmploymcnl lnsurancc ommission was bcing streamlined developed this strange feeling that was reliving something from the past You know that sensation you get when some event strikcs you as on almost mystic rcpctition And hcrc in the morning newspapcr was story about how Manpower Minister ltud ullcn was given thc new title of cm ploymcnt minister rcflccting thc fact that the Unemployment lnsurancc ommission now would be merged with his dcporlmcnt of monpowcr and immigration lhc idcu cxplziincd thc minister is to give thipubliczipositivcimagc Wcrc talking about employment not unemployment At the sonic time the ministers dcpuly ltick Monion was talking about the duplication that now cxists bclwccn lhc dcpzirlmcnt and the commission Wcll The world today By JOHN llAltHltth Foreign Affairs Analyst lhomson Ncws Service Among thc most militant of militant Third World nations Libya is the loader She is known to be the major sourcc of weapons and funds for most of the worlds terrorist organizations whether it be thc lltA Provisiontils in northern lreland the PLO in the Middlc East possibly even the lucrto lticun FALN nationalist movement Libya is doing this because her prcsidcnt fol Muhummar Quadhzifi is fanatical Moshm whose country happens to be pulling in about $8 billion annually in oil revench This mcans Libyas tiny population of 25 million about the some as any major Wcstcrn city has thc highest per capita in come in Africa it also means that Libya has an arms or scnal out of all proportion to her needs This includes 2500 tanks many more than the British and German oncs which fought across Libyan deserts during the Second World War about 110 Frenchbuilt Mirage jet fighters two squadrons of Russian MiG23 jets sonic Russian strategic bombers and groundto ground missiles Its hard to say how many of these were mauled in the recent short and sharp border war with Egypt with both nations using more or less thc same kinds of Western and ltussian military equipment LIBYANS LOST The Libyans came off second best partly because the country has not coordinated the use and servicing of all this sophisticated equipment and partly because Egypt did not carry the war further There are also 250000 Egyptians working in Libya enjoying the higher wages than in Egypt on helping out the Libyans in an in tcnsc labor shortage be taking 2m cnormous pilcot pnpcrout ol lhc system he said with some enthusiasm However its worth noting that the minister said there will bc no significant dccrczisc In staff Anyway oflcr rcading this bccamc quitc conccrncd about this scvcrc bout of mystic repetitions was cxlxricncing My hcud was ablaze with Visions about tll streamlinings RlZSlIARtll PA VS hutc to think of what might have hop pcned to sanity had not gone to library to sec whclhcr at some pom in my lifc had heard of the Unemployment Insurance onr mission bcing slrcamlincd thn saw thc cvidcncc fclt Iikc ti new man it turns out that the UH has made czirccr out of being strczilnlincd from the time the first Employment and Social ln suruncc Act was pusscd in 1035 only to be do clorcd invalid by the Privy ouncil But the problems wcrc slrcnmlmcd out in 1041 and thc Unemployment lnsurnncc Act came into Militant Libya supplying arms Prcsidcnt Sadat of Egypt did not want to jeopardize their safety by carrying out major invasion Nor can cconomically prostrateEg pt afford todosoatthis oint Aral worl ilitics arc becoming most exotic in the ilzhird World making the ma chinations of Latin Amcricun lcudcrs con scrvativc by comparison few years ago Sadat and Quudzifhi were publicly committed to union of the two big north African Arab nations with many newspaper picturcs of the two leaders in it warm and intimutc cmbrticc its hard to say why the changes came lrcsidcnt Sadat clearly wishcd some kind of rapprochement with Israel as proposed to him by former US sccrctnry of state Henry Kissinger AGAINST ISRAIII Libya remained the hardcst of Arab enemies against Israel perhaps the reason she has such an arms buildup with so many weapons available to Arab nations prepared to fight lhc lsroclis once again nc wondch too how sensible lcudcr likc Sadat can carry out short war against country where it quarter million Egyptian nationals are earning good living supplying Egypt with income in the form of cash sent home to needy families At the same time Libya already country of too much desert and nomadic inhabitants has eyes on large irtion of the Fczzan territory partly ru cd under the rule of Libyas black and fellowIslamic slatcs on her southern bordcrs The reason may be that this part of Libya is believed to contain vast subterranean pure water resorvoirs as found elsewhere in the large desert state This would give Libya second natural resource in one of the worlds most arched regions Ara politics continue to defy logical ex plantation these days under minister of manpower forcc Fourlccn years later new Sllléillllllltd act replaced it it was ad ministcrcd by the liicmploymcnt lnsurancc oimnission which reported to Parliament through thc minister of labor few years later committee was established to look into the commission and it ruoimncndcd that thc unemployment scr Viccs hc merged with thc labor depart mcnl suggestion lllill was enthusiastically embraced by the government And bcaring in mind what Tullcn has just said about creating new positive imogc its interesting to sec what thc 1904 labor minister Allan MacEachcn said at that time about thc mcrgcr The primary reason for this transfer is to develop an intcgratcd ap proach to implementing manpower policy and programs in Canada and to corrch the negative imugc from which the employment scrncc suffers in the public mind from its close association with the pnymcnt of bentfits to thc unemployed DIDNT LASI Lcss than two years later the Pearson government was again looking at the Uncm ploymcnt insurance Commission as it prcparcd legislation for broad rtxirgunizution of gmernmcnt services And it was decided that things could be streamlined if lllt joined forces with the flcdging department of manpower which Would also take over citizenship As lcurson told thc ommons This legislation if the housc accepts it will con tribute to the more cflicicnt operation of govcrninciil and will enable the country it self honic to deal more cffcctivcly with the complcx and changing problems of our national life It didnt work that way There were monumental disputes between officials of the lllt and senior public servants in the 1th powcr department and the government dccidcd in 1967 that things could be strcamlincd by separating the two warring ptittncrs Now after dcctidc of divorce its apparently time for streamlining rcmurriugc We can oiin wish the couple wcll but hnvc this strange fccling have heard that bcforc too Btll CULLEN new image Queen park Conference of premiers By DON OHEARN Queens Park Bureau Thomson News Service TORONTO Your reporter as you may or may not have noticed is not at St Andrews this week Pretty well everybody else is at St An drews particularly in the newspaper business First of all of course you will have noticed the premiers have been there along with one or two of their ministers After all they are the main act The oc casion is their annual conference But along with them are many other sword bearers including truly fascinating number of newspaper men camera men and microphone holders N0 THANKS What are they doing there Well ask them Perhaps they can tell you My office in the course of routine proposed that perhaps might want to go to this confer ence My reply was succinct Thanks but no thanks If you dont mind Thank you went to the first conference in the late 50s Subsequently attended one or two others And collectively they have to rank as the most nondescript occasions of lifetime in the newspaper business NO NEWS It was Leslie Frost and Jean Lesage who started these meetings Their basic point was that when they went to federalprovincial conferences they wan ted to have some uniformity of viewpoint Yet in no way did they want to give any ap pczirance of ganging up On Ottawa The consequence was the mildest con ferences Canada has ever seen The premiers met together They talked But what about nobody ever really knew For there was no news out of these con ferences Quite intentionally For they didnt want that gangup Today the atmosphere has lightened bit There isnt so much fear of the gangup But there is still so much fear that the con ferences are not worth going to Canadas story Selkirk luck turned bad By BOB BOWMAN Lord Selkirk was seventh son which was supposed to bring him luck It did for some years but then his luck ran out in 1816 when he raided the North West Company headquar ters at Fort William now Thundcr Bay On tario Selkirk thought he had justification for his actions at Fort William In June 1816 NorWcstcrs had killed Robert Semple Selkirks Governor at Red River and 20 of his men in clash at chcn Oaks Selkirk hap pened to be travelling to Red River at that time with soldiers he had hired to protect his settlement He got the news of Seven Oaks while at Sault Ste Marie and then had his canoes paddle directly to Fort William He arrested the directors of the North West Company who were there and sent them in canoes under guard to Montreal on AugUSt 18 They in cluded the great explorer Simon Fraser al though hc had no part in the Seven Oaks maSsacrc Unfortunately one of the canoes was over turned in storm and nine of the NorWestcrs wcre drowned Selkirk spent the winter at Fort William and found great deal of evidence of furs stores and mail that had been stolen by the NorWcstcrs He also found record of payments made to Mctis who had helped the NorWestcrs in the clash at Seven Oaks However the North West Company had great deal of influence in Montreal and York Some of the NorWestcrs were released and others escaped thn trials wcrc finally held at York it was Lord Selkirk who was fined 2000 pounds for his actions at Fort William The Red River settlement had cost Selkirk great deal of money and the great strain of the enterprise cost him his health He went to fiance to try to get well again but died there i111820 it was realized that the fierce competition between the Hudsons Bay Company which Selkirk controlled and the North West Com pany could not continue and they ama gamated in 1821 bible thought For there is one God and one mediator between God and men the man Christ Jesus Timothy 25 Jesus took our place on the cross and has taken His place for us at the right hand of the Falhcrevcr living to make intercession for us Thats why He is called mediator ad vocate the way the truth and lifcNo man conicth to the Father but by me Be sure to make your prayer in His name Support your church with your prayers presence and means God will honor you for it