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

v J 3 | : bw a | AA anf a oa Id ight - Member of The Casadian Weekly Newspaper ~ Assoglation : LE 5% HTS a Aes RE Sn eT THE STAR EDITORIAL PAGE F. uk Thursday, October 16th, 1958 . he felt for the first time in years. How Much Interest? Receently the chartered banks have em-- : Notes and Comments | How We Look at Things There is a story told of the great stock market crash of 1929. It runs something like this. As one broker watched his millions melt away in the falling market he became more and more déspondent and finally. when he.-r completely wiped out and that everything he had worked for had suddeenly been swept away as one might blow away a bubble, he committed suicide. At the same time in an office not far away his closest . friends was losing millions too, "and finally when everything was gone, he turn- ed and walked out of the office without a backward glance. Arrived home he greet- ed his wife cheerfully and informed her that they were flat broke . . . without a business, home, cars or anything, Before she had time to express her-concern and sympathy he told her how wonderfully fre then he added, what a chance to get a fresh start again. And we presume he did. We were reminded of this story the other day when we learned that a close friend had suddenly lost his job, He took the news badly. He became despondent and barked on a new kind of business. - They are now invading the small loan field which used to be the monopoly of the finance companies. The bank loans issued on this new basis are at a higher rate of interest than that usually charged for money bor- rowed from the bank, but still the amount of interest being charged 4s so much less that that charged by the finance companies that it wouldn't be surprising to see this new venture by the banks putting the loan companies out of business. > --Perhaps, this'might be a very good thing. Consumers Union has investigated some of the charges made by such companies and others like them which finance everything from ladies' silk stockings to a Cadillac car. The interest rate ran as high as 105 per cent. This exorbitant rate is usually as- sociated with the weekly pay plan. The average charge runs to something like 28 per cent. So lucrative a field is this in- terest racket that it was suggested that some merchants make more out of pseudo- banking activities than they do do out of marketing goods. : Often the largest retail stores charge - one per cent per month on the unpaid bal- "ance. This works out to only 12 per cent per year. The criminal code defines usury ized that he had been 1 1 it was impossible to do anything or say anything that seemed to have the power of cheering him up. 'For him it was just a disaster and there was no other way to look at it. . $ In the very same firm another man lost his job six months ago. He is still out of work and he claims that he is' better off than he was working. When we asked him how that could be, he told us that two of the young people in the family had got jobs in the meantime. They helped out and along with hil unemployment insur-. ance he was managing well, He said "when I had a job we really spent money. Whatever we wanted whether it was tele- vision or anything else we bought it and struggled to pay for it. The result was that I was always broke. Now we never spend any money unless it is absolutely essential. I have more money in my pocket than I ever had when I was working", We suppose that this indicates that it isn't what happens to us that matters. What matters is how we take it. as a rate of interest that exceeds twelve per cent per anhum., This is dangerously close to the line. However, the racket is not confined to interest alone. Where financing is re- - quired, insurance_enters the picture and so too, does inflated cost and added extras. There is much evidence to show that such deceitful and reprehensible conduct is much more widespread in the U.S. than it is in Canada. But these practices do creep into Canadian business. We listened to a manager of a credit financing company defend his twenty-two per cent rate the other day. His argument was that his company had to borrow from the banks and pay six per cent. He seemed to think that this warranted a profit of 875 per cent. We pointed this out to him in the form of a question and he had had no answer. And there is no answer just as there is no justification for such outrageous interest rates. Doesn't it amount to this. That those who are least able to afford such interest rates and car- rying charges are being bled white? It would seem that some legislation is re- quired to protect those who are incapable of protecting themselves. Certainly the latest move of the banks is one that de- serves commendation. So, although I'm out of work - - led by the Police Chief, McGill, which EXPECT TO LAY GAS MAINS IN <1aid west on Main St. to service var- . gas mains are laid very shallow, only "They are laid in sand, the dirt being OMEMEE LIONS CLUB.GIVE TOWN AUXILIARY WATER TANK In a historical event in the Corna- tion Hall last Tuesday, the Omemee District Lions Club presented the Vil- lage of Omemee with a 1200 gallon capacity mobile water tank. A parade consisted of the old Model T. fire truck,, latest fire truck and new water tank. . STOUFFVILLE THIS YEAR Mr. Jas. Reid, representative from Consumers' (Gas Co.appeared before Stouffville municipal council Thurs- day night-and told members that it was the intention of the company to lay gas mains in Stouffville this fall. The transmission main he said, would come north up the 10th concession of Markham and a feeder main would be fous parts of tthe town. The Company was particularly in- terested in placing service immediate ly to Cedar Pines development in the west end of the town and the Davis sub-division north of Baker Avenue. Mr. Reid's specific request was for the town to: provide an engineer or foreman to go over the streels where mains were to be laid and provide in- formation regarding the other pipe lines which the town had in the ground. " The entire job could be completed, it was stated, in two weeks time. The about thirty inches in the ground. removed as fast as it is dug and re- placed : with sand, At driveways, stone is placed on top. " Reeve Daniels said that he knew a good job had been dong in other towns. Markham is 'being done at present, and one can scarcely see where the lines have gone along. Many streets are completed in a single day, so rapid District Doings IMPERIAL TOBACCO CO. DONATE $500 TO LINDSAY HOSPITAL. Chairman R. I. Moore, of the Hos- pital Expansion Fund, announced a specinl donation of $600 which has been received from the-Imperial Tob- acto Company. In mailing the donation, Mr. Par- ham, 'Vice-President, stated he was impressed with the plea for the Hos- pital and he was greatly interested in Lindsay Central Exhibition. Mr. Parham accompanied Juliette to the Lindsay Fair and expressed de- light on being in Lindsay at the time. HOMES IN PICKERING AVERAGE $15,000.00 New Homes undef construction in Pickering Township are averaging $16,000 each. This information was disclosed at the regular meeting of the Council on Monday night. Sixty-four permits were isssued in September. This number includes 37 dwellings. The estimated value of the new structures was $608,850. 'To date this year, the total is $4,876,950. NEW $33,000 FLOOD CONTROL PROJECT OPENED AT GOODWOOD Deputy Reeve Robeft Nesbitt of Ux- bridge Township officially opened Goodwoods new $88,000 flood-control project at a special ribbon-cutting pro- gramme. Dep. Reev Nesbitt is Coun- cil's representative on the Metro fo- ronto and Region Conservation Auth- ority. The large pump, rated at 126 h.p,, is capable of handling 8,400 gallons of water per minute. The cost of the scheme is divided evenly between the Authority and the Township. The flood-control system is the first project of its type to be undertaken by lof $1500. WHITBY HARBOUR LAND SOLD FOR $2,000 AN ACRE The sale of the former Brunton Lumber Company property at Port Whitby to the Bathurst Power and Paper Company has been authorized by the Whitby Town Council. The area is 1.18 acres in size and the sell- in price is two thousand dollars. The deal for the land is part of the ar- rangements made by the Industrial Commission during the negotiations for the construction of the box factory in Whitby. The company also had to buy a 99 year lease from the CNR at a cost The property was recently obtained by the Town from the Federal Govern- ment in exchange for the property south of Front street and west of Brock. There are no immediate plans for the use of the property according to John Knecht, general manager ofthe plant. Some. town circles had under- stood that the land was to be used for the 'erection of a warehouse to house paper brought by boat. 01 Many Things GOVERNMENTS -- GO HOME! If governments persist in doing .Jeverything else under. the sun but govern,I"m afraid 1'm going to become an anarchist! . Those of you patient enough to read me for years will recall that long be- fore the scandals hit the headlines, I warned you that the government ad- venture into a huge printing bureau across the river from Ottawa was a shameful and costly blunder. Now the Ottawa Journal reveals that when the building was going up, reporters and photographers from the paper were "turned away--alike by doormen and executives in authority." You'll also recall that I warned you about the government entry into the gas pipeline business. I said it would make personal fortunes for a group of promoters, but the taxpapers would carry the risk, The government went ahead with deals and secret negotia- tions and nobody seemed to care much. --auntil it was too late. Now we have a new government. It will become subject to all the temptations the old government event- ually yielded to. It, also, will yield, unless the voters are watchful, The toughest problem for a govern- ment is to truly govern, to make de- cisions on thorny problems. But that's why we put them there, and that's what we pay them to do. The easiest thing for a government to do is spent our money. Anybody can build a pipeline--and charge it up to the people! Anyone can build a massive printing bureau -- if the money comes from the public cash box. Today's government is already be- ing pressured into similar enterprises. A group of promoters want a crude oil pipeline built from Edmonton to Montreal -- even though everybody knows it would be uneconomic, and would but the price of gas and oil up. There is pressure from CBC for a whole new group of buildings -- al- though the people want programs, not buildings. Small business wants gov- ernment subsidies, colleges and uni- versities want money, everybody is shouldering up to the trough. Who pays for all this? Well, I know a farmer who says he could be fairly well off if he was allowed to be but "I can't be thrifty any more. Progress is pushing on me. The gov- ernment keeps spending my money, for things I don't need or want." He knows who pays for all this. He does. So do I. So do you. When are we going to tell govern- "| ments to £3 back to their veel joh--| governing ? Hilltop Herald As you may have noticed P.P.H.S. has launched its first football team. Some of the players are as follows: Quarterback--Doug McMillan Left 'Halfback--Neil Wanamaker Right Halfback--John Croxall Full Back--Glen Wilson (Captain) Snap or Centre--Morley Davidson Tackles--Joe Lukas, Ralph Honey Ends--Jim Burnett, Frank Fielding. These boys played an exhibition game against Whitby for experience; but their regular schedule starts on. Friday, Oct. 17 at Uxbridge. If you are called upon by any of our students during the week com- mencing Tuesday, Oct. 14 until Tues- day, Oct. 21 about our magazine cam: paign we do hope you will co-operate and help our school reach its objec- tive. This year the money will go towards "School Funds". So please help as best you can. Bonnie Foster. y TAKER. Information as to necessarily accepted. {athe piping laid. ae Jthe Conservation Authority, TENDERS / THE PORT PERRY COMMUNITY CURLING CLUB - Tenders will be received by the undersigned until 8at,, October 18th, 1958, for the position of ICEMAKER-CARE- be obtained from the Secretary. Lowest or any tender not the duties of the above may " W. HOWARD HALL, © Secretary. | There were eleven boys who received | meeting will be at Manchester on SHOT IN THE ARM are so often described in publications today that there is no more convale- scene. A few years ago, when people were sick, they spent periods up to six months recovering from their indis- position. © Pneumonia was a disease which knocked people out for extended periods. After one had rid oneself of the illness, the person would lie abed for a while and then spend some some weeks at home, quietly, in a "delicate" condition. Appendicitis used to take about a month for recovery. Last April, a patient in the next bed to us in a Kingston hospital awoke from anaes- thetic on Wednesday night and walked out of the hospital with us on Satur- day morning after removal of his ap- peendix. A mother we know gave birth to a baby on Thursday and came home on Saturday morning. hia } Today, one meets a friend on the golf course and asks where he was last Friday. "Oh, I had a heart attack that day," he is likely to say. Too many of us think we can get a jab in the arm with a needle and keep right on going. It may be inconvenient or even diffi- cult to do so, but we suspect many 'people would be healthier if they took time off to get better when something hits them. We should all slow down a little.--Pananee Post. SLEEPY DRIVER, MENACE On modern highways, the sleepy driver is as much of a hazard as the drinking one. This warning comes from the Ameri- can Medical Association, which adds that while dozing at the wheel is com- monly assoclated with night-time driv- ing, many "fatigue" accidents occur in broad daylight, The following recommendations are issued as practical ways and means of guarding against drowsiness and alertness: 1. On long trips rest every two hours and have a cup of coffee to stay alert. 2. The night before you drive, re- frain from taking a sleeping pill--or any medicine that may make you drowsy. Simply retire early. 3. Whenever you feel the least bit sleepy while driving, pull up and rest The miracles of modern medicine Clipped Comments CBC'S FARM TEAM Looking over a prize heifer on a southern Ontario farm are, left to right, George Atkins, Ken Graydon, Johnny Moles and Jim Ross, the four Toronto farm-commentators who to- gether make up CBC's farm broad- cast team. They bring an assortment of farm programs, both radio and television, to towns and rural centres throughout Ontario and Quebec. United Church WA The Thanksgiving meeting of the Port Perry United Church W. A. held in the Sunday School room, Tuesday, October 7th, was well attended by all groups. The President Mrs. W. A, Jackson chaired the meeting, The Devotional period was taken by Miss M. Harrls, assisted by Murs. G. M. Willlams. Mrs. G. Robertson closed this part, with a fine solo en- titled, "My Task", accompanied at the piano by Mrs. Wm. Taylor, Jr, A most cordial welcome was ex- tended to all present by Mrs. Jackson. After the Secretary's and Treasur- er's reports were given, a letter was read from the Dominion Council ask- ing for financial aid. This matter was tabled until the next general meeting in December. Group. leaders reported on the sale of Hasty notes, and Christmas cards. Any boxes" not disposed of, will be for sale at the Bazaar, Nov. 8th, The Bazaar committee, comprising Mrs. R. Cornish, Mrs. F. Crawford and Mrs. G. M. Williams are making plans to decorate the basement for this event, Mrs. R. Peel, spoke briefly on the renovating of the Parsonage. up. A nap may save your life! The visiting and Christian Fellow- ship Convener, Mrs. Smallman, gave the number of calls, made by mem- bers since June. During the business session, mem- bers decided to give a donation to qQur local. Hospital, The Fall Convention of the Osh- awa Presbytery will be held in the Whitby United Church, Thursday, October 23rd. Registration 9.30 a.m. Members are urged to be present if possible. If planning to attend, please contact Mrs. W. A, Jackson or Mrs. R. Cornish, Mrs. S. Griffen gave a report of the choir Banquet, and thanked the ladies who assisted. Mrs, R. Webster convened the pro- gramme. Mrs, W. Lane delighted us all with piano solo "Nocturne" by Chopin. Mrs. R. Cornish introduced the guest speaker, Mrs. Ewart Cornish, President of the Oshawa Presbytery, who gave us a fine talk, her text be- ing, "As She Ministered Unto Them". Mrs. Cornish reviewed the "Aims" and "Objects" of the Woman's Asso- ciation, and gave members a better understanding and knowledge of the work. Mrs, E. Leask expressed ap- preciation to Mrs, Cornish from the W.A. for her inspirational address. Delicious refreshments were served by Mrs. Hoskin's group. Last week we had a wonderful ga- thering of Cubs. There were twenty- eight. With just two more, we will be able to have Five groups of Sixers. The Leaders are doing a fine job, and it is a great experience for the boys. their white scarves. Very shortly} the boys will be passing their tests, and being initiated as regular Cubs. We are hoping to get started on Brownies and Guides this coming Monday afternoon, and will announce definitely on Sunday. Our "Brown Owl" and her helpers are anxious to get going. We were able to procure the needed twenty dollars for books, ete. and thank the W.A.'s of the Is- land and "Grace" Sunday School for coming to our assistance. ' Last week Wednesday our P.M.S. HiC held their first meeting at Scu- gog "Grace" Church. In the absence, of our Pres, Ericka Benschop, the Vice-Pres. Gerald Emm took charge. Rev. Herbert McGhie Minister of St.' Ann's Bay, Methodist Church, Jamai-' ca, was visiting with our Minister, and spoke. The programme was good, and then we all enjoyed weiners and! buns around the fire outside. Gerald brought a friend with him, who play- 'ed his guitar, and led us in a sing- gong around the fire. 'In all, there were over forty attending. Our next Wednesday, October 29th. Letters are going out inviting the parents to be with us, and we do hope that they will come. Our Thanksgiving Services were very poorly attended. It may be visiting. We were glad to have many visitors with us at Manchester and the Island. I suppose that it works both ways. But Thanksgiving is auch a lovely time of the year, that we certainly missed many faces, This that many of our people were away Anniversary of Scugog Church. The Preacher will be Rév. M, C. Fisher B.A. of Newcastle. The Morning Service will be held in "Grace" Church at 11.00 a.m. and the Evening Service in "Head Memorial" Church at 8.00 pm. After Sunday School at the "Head Memorial" Church last Sun- day, it was agreed to cancel Sunday School this coming Sunday, and give everyone an opportunity to attend the Service at "Grace" Church. The Ly- ric Male Choir from Toronto will sing in the Evening. We look forward to two wonderful Services, and we In- vite all our people to come and wor- ship with us. Special Letters and Anniversary Envelopes have gone out to all our families on the Island. We have set as our financial objective the sum of four Hundred Dollars. Man- chester and Prospect will have Ser- vices this Sunday at 10.16 a.m. and 11.16 am. This will be their Sunday School Rally, and Dr. Kenneth Bra- ham will preach at both Services. In- vitation cards are going out this week to all our boys and girls. Commen- vices will be on STANDARD TIME, LOUSE SPRAY with COWPEST Safe to use. Sonn PRODUCTS ARE District Churches ~-... Sengory, Manchester and Prospect and we will revert to our Winter Schedule. We will start on the Island at 10.16 a.m. then go to Manchester 11.16 a.m. and then at Prospect at 1.15 p.m. This makes it one week earlier than we originally planned; but the weather is such that the very early Service is no longer acceptable. We are glad that Marjorie Aldred is up and around again after her recent accident. We did miss you very much Marj. Mrs. Jonathan Aldred is also improving slowly, and we hope and pray that time will bring healing. Our love and prayers to all who are con- valescing at home, and to all who walt on the sick. We were very happy at Prospect to have our Choir with us. Immediately after, they left to lead in song at Raglan Anniversary Ser- vice. Our deepest sympathy to the Pogue Family on the Island in the death of Russell's father. Happy birthdays to Cole Humphrey, Patricia Goose, Bonnie Eden, Kevan Cannon of the Island; and to Michael Dia- mond, Mary Lynn Holtby, and Mar- cing on Sunday, October 26th, Ser-' Your stock, cap go through the winter louse free. Treat beef cattle and hogs with HOWARD STOKPEST Easy to use--simply spray or wipe on. You get complete coverage . .. and kill all the lice. garet Janet Holtby of Prospect. Come one and all and worship with us this "Sunday. Tr Co mw ® TX STOP LICE vo NOW! . . dalry cattle * LOUSE SPRAY. SOLD BY coming Sunday will be the Becond Port Perry, MASTER FEEDS YU. 65-2131 FI -------------- A { jis Aw A