Ontario Community Newspapers

Waterloo Chronicle (Waterloo, On1868), 16 Mar 1972, p. 8

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

, Wan-100 Gimmick. Tttot to anyone who gives the first information lead- ing to the leasing of a Cadet store. This $200 will be over and above any other payments or commissions. EVERYONE is eligible whether employee, customer, realtor or owner " the building. In addition to our over 130 present locations we are actively seeking locations between Kitche- ner, Waterloo, Galt, Hamilton and Metro To- ronto area. We need ground floor locations between 500 - 1000 sq. ft. If you know of a suitable location phone 763-5601 or our toll free number from out of town ZENITH 98630. STORE [OCATIONS '200 "lk','" WANTED Weber St. N. Call Your WATE RLOO PUC 742-3581 Replace Your Tired Worn Out Water Heater With a CASCADE 40 Electric Water Heater Join the thousands of happy Waterloo home owners that enjoy the benefits of the RENT THE CASCADE 40 FOR ONLY $1.75 MONTHLY WINE 304-29004 CASCADE 40 Poor pehaliZed' for'. free chedit plans Anestimtttai8M0millioet waseouktedaspartotthe mutual and record-keep- Ittttevolttmeist-tttigds qttheammt‘Canadia‘n p,rieeotttteeuorrer- irttroetttteaeaeFetstte-erettiteiriginated,ttte The plot deals with life on a rural farming commune and the search by today's youth for an alternative to .the pressures of present day urbanized life. The Purple and Gold Re- vue, traditionally the big- gest show of the year on the Thompson, who also di- rects the show, describes New Heaven, New Earth as "a different sort of musi- cal, a departure from the traditional Broadway style of extravaganza". The characters. dialogue, and even some of the music have been improvised by members during the re- hearsal period. Says Thomp- son, "We have tried to en- courage a feeling of free- dom and spontaneity in all aspects of the production." The company is composed mainly of students of Water- loo Lutheran University. Other cast members are from the University of Wa- terloo and the KW communi- ty at large. It was paid, he empha- sized, by consumers who paid cash for goods and ser- vices as well " by those who used one of the variety of credit cards and charge accounts now available. It The musical entitled New Heaven, New Earth is slated to run for four' per- formances, March 15, 16, 17, 18. It has been written by George Thompson, guest artist in theatre at WLU last fall, and Jonathan Kramer, Kitchener folk singer and composer. The world premiere of a new folk-rock musical will take place at 8: 15 next Wed- nesday when the 1972 WLU Purple and Gold Revue opens at Waterloo Collegiate Institute. And that is his conserva- tive estimate of the situa- tion, says sales finance' in- dustry spokesman Came H. Bray of Toronto. The ac- tual figure could be as high as $1 billion. - WLU revue presenting folk-rock of WCI went to cover the “buried 742-9582 (ttts tif SEEK» (i)iiieti:iii'ia, U was) WATERLOO BOWLING LAN ES CHILDRENS PARTIES... CLUB ACTIVITIES...... SPECIAL SENIOR CITIZENS...... RATES STUDENTS............. The flowers for the tea are donated by Laura Sharpe Flowers in memory of Laura Sharpe. The Zuber family is donating the facili- ties for the Tea. The general convenors for this year's tea are Mrs. Ross v. Dixon and Mrs. George Kenney. As last year, informal modeling will be featured throughout the tea, with fashions by Magda Lang. The north Waterloo can- cer society's service to pa- tients committee will hold its annual daffodil tea, Thursday, April 13 from 2 to 4:30 pm in the crystal ballroom of the Walper ho- tel. This is the 20th anni- versary of the Daffodil Tea! Annual daffodil tea at Walper Tickets for the show are $1.50 and $2.50 and can be obtained at the following locations: WLU Student union building, on the lower floor; the central box of- fice at the University of Waterloo; Sam the Record Man; Kadwell Record shop in Waterloo Square and Synthesis Records in Kit- chener and Westmount Plaza. . lasts 30 to 60 days, depend- ing on the billing date. The costs of capital in- Credit" " part of the Ca- nadian institute of public affairs' winter oonfermce on consumerism. held' in tomato. . "All credit card, charge, acemmt and revolving cred- it account plans give short- term "tree" credit that WLU campus, is moving two blocks off campus this year to the Waterloo Col- Iegiate Institute. The move was necessitated by diffi- culties in booking the Theatre-Auditorium which Thompson describes as “little more than a gym- nasium". The executive vicepresi- dent of the federated coun- cil of sales ttnance chm- panies, Mr. Bray made his remarks as member of 14 PRINCESS ST. WEST The meetings, which will be held at Galt Collegiate Institute. March 20: and at Kitchener-Waterloo Col- legiate and Vocational School, March 21, are be- ing held so that the public may make written or oral presentations on the cost of education. It is hoped these presen- tations will assist the com- mittee in preparing a brief on the cost of education to the minister of education's committee, which is study- ing all aspects of elemen- tary and secondary school financing. The cost of education committee of. the Waterloo County board of education will hold two informal pub- lic meetings throughout the county during the next week. School-cost committee holding two meetings Among the operating methods such a study would disclose, he continued. are the practices of merchants of goods and services who, on finding that one-third of their dollar volume is derived from customers using a 30-day "tree" credit plan which costs the mer- chant six per cent, proceed to raise prices for everyone by two per cent. This system of "burying" credit costs in retail prices charged to cash and credit buyers alike, said Mr. Bray, warrants study in depth to determine With greater ac- curacy its overall effect on general consumer welfare because official data on the use of free credit plans are not available. such credit plans, the costs of operation are recovered by raising the prices of the goods and services offered, Mr. Bray declared. , And the price increase is in effect, he pointed out, whether the goods are even- tually sold for cash on the line or through use of credit card or its equivalent. that must be recovered un- less the merchant is willing to can: has. When nominally "free" credit is offered to custo- Nr9r meet the people at H-K TILE Nick IS our sales co-or- dunator and purchaser He has been With us for five years and us marned With one daughter Nuck was locally born, raised and educated Chairman of the board's committee which was form- ed October, 1971, is Doreen Thomas, Waterloo trustee. Other trustees on the com- mittee are John Darling, Dave Barrie, Rev. Harry Janke and Norbert Hergott. Secretary is Pablo Machet- zki. Consumer spending in 1971 probably contained more than the $500 million, he has estimated, as the cost of so-called "free" credit, he says. This amount is equal to one per cent of the $50 billion spent on con- sumer goods and services. People are being coerced by "free" credit schemes to use more credit then they otherwise would. If a per- son has to pay for the credit anyway, Mr. Bray ex- plained, the only way he can break even or get any benefit from the system is to use the plan. He can even win a form of victory over the system - if he uses it as much as he can since that way he gets the maximum "free-credit" paid for by cash buyers. cleaned, "the credit is (I only in the sense that th more because everyone else does, including the poor who cannot qualify for the credit only to the meretunt'iiuide of the deal; it didn"t cost him anything. price hike is Ioitr per gent. breaks mien as far as his erediteardopemtioetira- H-K TILE "Ag tarps the consumer NICK MARCELLA WATERLOO 84 King N. 743-1867 plan payno LTD.

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