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'Provincial Sales Tax | Taken Off Some Items Multi-Million Dollar Deal 2.22 THE OSHAWA TIMES, Wednesday, March 1967 3 U.S. Stock Market Scandal In most cases, the paper said, a little-known stock selling at a low price, usually over the counter, was selected. The crime syndicate figures 32 | "4 | wieade wh ne oe a : me ne a |politan areas, issuing orders to ) [P) -- Farmers,| --E Sargent (, -- Grey|Tuesday would strengthen gov- CHICAGO (AP) -- A mullti-;contact, roker was w intimidati 32 families. with near-adult child-|North) charge that Ontario isjernment control over loan, trust port gies usuieuee atin sted got eed eek a 32 ren and small corporations gotjin danger of becoming a police/and finance companies the stock market, in which almised with the use of shat push' sales of the stocks 32 a breath of relief Tuesday when|state after Attorney - General) --A government 'bill intro- ping of gamblers sought to|graphs or heavy gamblin gi With their regular customers, 7 Einkiesca Treasurer zee eg Ueto told the hones duced vet pope sapere. the|make huge profits by artifi-\debts, the paper said. the stories reported. acNaughton --announc! re-|that a hree Ontario police/government to require used-car|¢ja}iy inflating stock prices, is! eae is : te : at 30 moval of the five-per-cent pro-jcommissioners are appointed/dealers or their salesmen tol ney, peiocer ond poy gid oe te ame Abawidg ghd re ne wieke alitieat eases & the 25 vincial sales tax from a number | officials. : |give prospective customers the|srand jury in New York, Chi- be based in New York City,| sock' was generated on the 4 of items. : : --Vernon Singer (L---Toronto| details of a car's history. \cago daily newspapers .said/Chicago, Philadelphia, Cleve-| market and the price of the se- "4 Among them were girls'|Downsview) suggest that| --Fred Young (NDP -- Tor-)puesday. land and Los Angeles. 'curities skyrocketed. - 2 clothes up to size 14X and boys'|judges and 'magistrates leave|onto Yorkview) introduce a bill) or two months, the papers ----------------------- , clothes up to size 18, tires for|themselves open to charges of|which would require inspection) aid, the grand-jury and investi- ie farm tractors and goods trans-|conflict of interest when theyjof all motor vehicles in the) cators of the. securities and ex- ---- ferred between businesses con-jalso serve on local police com-|province at six-month intervals,|change commission have been trolled by the same corpora-| missions. similar to that in 20 U.S, states/qelying into the scheme re- tion. | --George Ben (I, -- Toronto|and two other Canadian Prov-| ported to have been master- Mr. MacNaughton said the|Bracondale) suggest that senior|inces. 'minded by Chicago crime syn- jlatter would be particularly police officers be made justices| Mr, Wishart said there had|gicate figures. . |beneficial to smaller corpora-|of the peace in order that they/been a number of complaints) phe Chicago Tribune. which OUR . tions lacking the technical ad-/may grant bail. regarding the tax on children's) poke the story in its late edi- . vice available to larger firms.| The house also heard: -- _ (clothes in that it is based solely| tions Tuesday morning, said the During debate on the esti-| --Commercial Affairs Mi sake size, but said that while con-| conspiracy used stockbrokers in 0 N F Y EA at mates of the attorney-general's|ister Leslie Rowntree announce|sideration of another system | major U.S. cities. who had been I ' department, the legislature also|that amendments to Ontario's|had been undertaken, no more|ogmpromised by the under- 3 heard: securities legislation introduced|fair means was hit upon. world : = ------------"| He said the broader exemp- : \ :, fs in . tions now would include) NO COMMENT Because Of Unifications Bill dresses, suits, hats, blouses,| Stephen Kaufman of New A trousers, slacks, jeans and un-|York, in charge of the U.S. at- = S| gee ae an torney's criminal division, said nour Mr. Sargent said that while|the agency does not comment --_ | Must Amend Yukon Quartz Act many other government com-/on investigations in progress. | |missions included legislature) The Tribune said that in con- ON TERM DEPOSITS | OTTAWA (CP)--Because of] The proposed amendments to|members as representatives of|yersations with federal investi-| the armed forces unification | the 27 acts pose some questions|the electorate, this is not so|gators and stock market fig-| (1 OR ] YEARS) | 4 |bill, the Yukon Quartz Mining|which haven't been sorted out|with the police commission. ures in major cities this stocy| |Act has to be amended. ye. ' : Mr. Wishart replied he did)was pieced together: | Also the Senate and House of} For instance, the commis-|not see any danger in this situ-| First, crime syndicate repre- | Commons Act, the Trade Marksjsioner of the RCMP wears the/ation since the commission is|sentatives made the geuuatats| |Act, the Technical and Voca-/rank insignia of an army lieu-|responsible to the government/ance of stockbrokers by posing | tional Training Assistance Act,|tenant - general. land the government in turn is|as prospective customers or by'| GUARANTY TRUST FEDERALLY INCORPORATED AND SUPERVISED and Mrs. 0. The girls joined the boys event. The girls are tour- Bohuslav, in calisthenics at the New , North Riverside, Illinois. {the North Pacific Fisheries Con- eee ss responsible to the people. lintroduct t i | . Yok Mets camp and tt Mee. J. A. O'Conne North Riverside, Ulpuis, [he Nee the Criminal Comsi@CM? AFFECTED vo ee eee Capital and Reserve $26,000,000 a camera recorded the of Chicago, Illinois, left, --AP Wirephoto _/and no fewer than 21 other acts}, What happens in the RCMP.| (0° amendments would allow| Usually, the paper said, a| Deposits in excess of $410,000,000 of Parliament must be/if anything, when new ahnesl re Ontario Securities Commis-|thorough background investiga-| 89% of our mortgages, Government Guar. me B.C., Ontario Legislature Introduces Car Dealer Bill isertv siscstion sit so» By THE CANADIAN PRESS Bills introduced in the On- tario and British Columbia leg- islatures Tuesday would put an end to used car dealers tamper- ing with mileage readings on vehicles. The Ontario bill would re- quire the dealers to give pros- pective customers details of a car's history. All used car sales- men would also have to be li- censed. In British Columbia, dealers who change mileage readings can have their business licences suspended or cancelled under the proposed legislation. Legislatures also sat in New- foundland, Prince Edward Is- land, Nova Scotia, New Bruns- wick, Quebec and Saskatche- wan. The Ontario legislature also heard legislation which would require inspection of all motor vehicles at six-month intervals. In British Columbia, the leg- islature also gave first reading to a bill which explained the government's proposed regional hospital district plan. The plan will allow the cabi- net to divide British Columbia into districts for the purpose of financing hos pital programs, projects, construction and im- provement. In other legislature business: Fredericton--The New Bruns- wick government's speech from the throne forecast formation of a housing corporation that would begin programs for rural and urban housing. The speech also forecast an office of ombudsman, main pub- lic documents to be made avail- Sales Tax Rules, Regulations Broaden Articles Exemption TORONTO (CP)--New sales tax rules and regulations an- nounced in the legislature Tues- day by provincial Treasurer Charles MacNaughton will re- move the five-per-cent impost from some'farm machinery and broaden exemptions for child- ren's clothing. Mr. MacNaughton told the house the changes will also re- duce the frequency with which vendors must report to the gov- ernment. The number of re- turns filed annually would be cut to 800,000 from 1,200,000 without exposing the govern- ment to "any appreciable rev- enue loss." : A spokesman for the retail sales tax branch said later that most farm machinery and equipment already is tax ex- empt and the new regulations will amount to '"'tidying things up a bit." Among the exemptions sought in briefs from farm organiza- tions were replacement tires for tractors. The government spokesman said tires had been if they didn't mind wearing clothes designed for children. Mr. MacNaughton said one regulation has already been amended so that the sales tax won't apply to transfer of tax- able goods from one legal] en- tity to another "if they are looked upon as substantially the same person." He cited as an example the transfer of goods between a parent firm and its subsidiary, and stated that the previous re- quirement imposed a hardship on some small corporate bod- ies without access to the tech- nical advice available to large firms. The minister also outlined changes in rulings affecting sheet-metal contractors, furri- ers and upholsterers. He said that in sale of pack- aged goods containing both tax- able and tax-exempt commodi- ties the full tax will apply on packages with 75 per cent of its contents taxable. Packages with a content below 75 per cent will be tax-free. tax-exempt only when sold with the tractor. Girls' clothing will now be tax-exempt up to size 14x in- stead of 14 and boys to size 18 instead of 16. The broader ex- emption will apply to dresses, suits, blouses, trousers, slache jeans and underwear. HIGHER EXEMPTIONS The spokesman said the ex- emptions for hose, hats and other clothing will also go up "slightly." : Mr. MacNaughton said the government has been accused of discriminating against large children by making size the cri- terion in determining the cloth- ing exemption. "We have seriously studied other approaches," he said, "but invariably realize the most feasible "approach is the size factor." The minister said the broad- ening of the exemption will stay within the size range of clothing designed for children. : Under the new regulations tax on clothing worn by some large children may still occur, he said. But on the other hand some small adults would be able to get tax-exempt clothing Fast Action HOUSE SALES! Call « Member of the OSHAWA and DISTRICT REAL ESTATE BOARD and List Photo ave MOLTIPLE LISTING SERVICE |mention the navy, army or air able in both French and Eng-\Mons defence committee, lish, a Human Rights Act and consumer Credit legislation. HEAR UNION Halifax--The Nova Scotia leg- islature was told the N.S. La- bor Relations Board will sit March 22 to hold hearings on the application of the Interna- tional Brotherhood of Electrical Workers for certification as bargaining agent for employees of the Clairtone Sound Corp. plant at Stellarton, N.S. Three unions have been vying for the right to represent the employ- ees. St. John's --Proposed pay hikes for government employ- ees, plans for a medical col- lege at Memorial University and a detailed outline of a new over - all provincial financial formula are expected in the 1966-67 Newfoundland budget to be brought down today. Quebec--The Quebec legisla- ture gave third reading to a bill which will permit larger loans and longer periods of re- payment for the construction of new homes. The new law will- permit credit unions to lend 95 per cent of the first $13,000 for a new home. amended. 27 acts are necessary because, Amendments to each of these in some context or other, they 7 being examined by the Com- the three services will be disbanded to make way for a single uni- fied force. Brig. W. J. Lawson, judge ad- vocate - general, and a small battery of armed forces lawyers spent 5% hours on the commit- tee's witness stand Tuesday ex- plaining the necessary amend- ments. It didn't end there, of course. That's because the 64-clause unification bill, known officially as the Canadian Forces Reor- ganization Act, itself amends the National Defence Act. Marcel Lambert (PC -- Ed- monton West) said: "They've combed the statutes for the words navy, army and air force and spit them out like sour prunes." PARLIAMENT AT-A-GLANCE By THE CANADIAN PRESS TUESDAY, March 14, 1967 Conservatives called for withdrawal of govern- ment spending estimates be- cause the armed forces were listed in one item although PIPELINE PROPOSAL Regina --A CCF resolution asking the Saskatchewan gov- ernment to urge Ottawa to en- sure the proposed Trans-Canada pipeline be located entirely in Canada was defeated in the leg- islature on a standing vote of 26 to 19. Charlottetown --The Liberal government's proposal to lower the P.E.I. voting age to 18 at the opening of the legislature Tuesday was greeted with ap- proval by Conservative Opposi- tion Leader Walter Shaw. Among the highlights of the throne speech were several pro- posals aimed at the youth of the province including estab- lishment of a new division of youth affairs, increased grants to the province's two universi- ties and an increase in univer- unification has not yet been approved by Parliament. Speaker Lucien Lamoureux reserved decision on a motion that the defence section of the estimates be redrafted. In the defence committee, former def ini forces rank insignia are intro- duced? Gen. Jean V. chief of defence staff, has told| the committee he is partial to| naval officers' insignia. The Coastal Fisheries Protec- tion Act has to be amended be-| cause it says a naval.officer can act for the fisheries depart- ment as a protection official. But the navy will be out so out will come the reference to na- val officer. The Official Secrets Act has to be amended because it men- tions navy, army and air force munitions. The description is changed to "military"? munitions. Mr. Lambert asked whether the word "military" is defined 'in the Officials Secrets Act. No, said Brig. Lawson, but it is defined in the Interpreta- tion Act. The brigadier added that the Interpretation Act will be amended by Parliament. Allard, |Sion to dictate prospectus t i ;|quirements to finance compan-|made to determine their weak- ies and that the OSC would bejnesses for prostitutes or gam-| jable to stop e finance company bling. \distributing its securities if at jany re-|tion of the potential victims was Once a_ relationship was time it wasn't satisfiedjestablished with crime syndi- jwith all aspects of the sale. 'cate figures through a business | Rein Harmatare, Manager Tel. 728-1653 22King St. E., Oshawe ~} Money To Invest! 6%4% per annum * for five years by investing in Guaranteed Investment Certificates which ore Gueranteed--os to Principal and Interest, Flexible--may be used es Col- lateral for loans. Douglas Harkness called uni- fication a for mof conscrip- tion. Northern Development Min- ister Laing announced plans for a special corporation to administer leases in national parks. Transport Minister Pickers-. gill suggested in the Commons that a B.C. plan to set up a harbors board might be be- yond the province's powers. WDENESDAY, March 15 The Commons meets at 2:30 p.m. to resume debate on banking legislation. The sity scholarships. Senate meets at 3 p.m. Red ible--by Executers in the event of death, Authorized--os Trustee Act In- vestments. CENTRAL ONTARIO TRUST & SAVINGS CORPORATION 19 Simeoo St. N., Oshawe 723-5221 23 King St. W., Bowmenville 623-2527 OPEN FRIDAY NIGHTS and SATURDAYS OT | Maren ear -- TENDE PICNIC TROUD FOOD MARKET," 94 SIMCOE ST. NORTH HIGHEST QUALITY MEATS R SMOKED HAMS U.S. NO. 49° BONELESS ROLLED BEEF Pot Roast 53: Shoulder t| SUNKIST ORANGES 1 GOOD SIZE poz. 9Q: SHOULDER ROAST 65: LEAN -- FRESH PORK 6&7 RIBS BEEF Prime Rib LEAN -- Cc lfton LOIN ij [ventre CHOPS lb "Wy ¢ | GRADE ib SMALL EGGS 33° Blade Roast | | FREEZER SPECIAL ¢ |FRONT Ib |QUARTER BEEF cur & WRAPPED 24-0x, Loaf 45: FRESH SLICED. 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