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the tribune stouffville ont thursday november 30 1950 stouffville high school commencement exercises friday dec 1st at 815 pm veterans hall stouffville parents former students and friends most cordially invited note there will be no play folk dancing or tumbling at commencement this year this will be held in the spring in the form of a school concert north york progressive conservative association annual meeting saturday december 2nd 1950 at 230 pm the graystones restaurant aurora ontario election of officers yonge street genera business speakers hon dr phillips ml a minister of health major lex mackenzie mla entertainment everybody welcome c e toole pres floyd corner sec nxxscsattcsacsexxxxxxxscssaaacsaacsa marmill the quality name laying pellets the modern way of feeding stops all sorting of laying ration complete line of poultry dairy hog concentrates finish your birds with marmill fattening pellets or mash poultry supplies stockgro cod liver oil shell grit germicides blue coal americas finest anthracite central feed store the real problem by r j deachman we are all interested in the cost of living the husband is usually the bread winner the little woman comes to him on saturday morning or is it friday and tells him that the cost of living is up and according to a carefully cal culated estimate of the bureau of statistics it now take 400 mere than it did a few weeks ao to meet the family budget he gives her the extra with pain in his eyes and goes out cursing the bureau of statistics the bureau of statistics of course isnt to blame for rising prices neither is the weather bureau responsible for the pranks of the thermometer both these institutions are interested only in recording what has happened we do not blame the clock when we find that it is later than we think we must treat the others with equal courtesy your ready answer may we he what on earth can 1 do about it there are many things we can do if for instance you are a farmer and you have a mortgage on toe farm and the price of wheat today happens to be double what it was two years ago isnt it a good lime to pay oir the mortgage if you live in a city and the mortgage is on the house then its up to you to do ditto in other words reduce the mortgage when this is done you have increased your security you are then in a position to make needed improvements when prices de cline of course this is a difficult task it is safe to say that if the war had suddenly collapsed in 1941 or 42 the cost of living would not now have been as high as it is this would be even more likelyif with the close of the war there was wide evidence of a worldwide desire for peace neither of these things happened so the future of prices is in doubt no one can hope to guess where the price level will stand ten years from today or even in five years or two or one what makes prices rise there are many causes there is of course our old friend supply and demand if for any reason and the reasons are numerous we have increased production due to any cause the tendency will be for prices to decline on the other hand a poor crop or other limita tion to production brings about liigher prices an increase in the supply of money will cause prices to rise a decrease in supply of money will lead to a decline in prices then of course higher wage levels mean higher prices there is an illustration of this condition in recent events the railway workers demand and have been granted increased wage rates this will be followed by demands for higher freight rates the rail way estimate is that this will cost 80000000 and will call for an increase in freight rates of 20 this however is only the direct cost to the railways the railways cannot take this sum out of their own pockets it must be passed on to the public fti higher price levels it is a basic cost it will add to the cost of your breakfast your new house if you can afford one it means higher costs for the manufacturer and higher costs for the distributor it means less purchasing power for the farmer in the end it will come back on the railway workers and all other workers from one end of the country to the other when any body mentions this fact they will deny with great emphasis its application to them their leadeis tell them it isnt true here is a case which illustrates this point in 1926 the average railway worker in canada receiv- to vote on liquor issue at haliburton the wet and dry forces of haliburton are going to let the village residents decide which faction they support early in december on the 13th of next month the residents will go to the polls to vote for or against the opening of a government liquor store in haliburton the dry forces of the village are being rallied by the ministers of the community these temper ance advocates include rev t rutherford united church rev mr dean pentecostal rev mr cathcart anglican lieut miller salvation army and mr schnit gospel lay preacher mr w c bailey is chairman of the temper ance committee supporters of the dry police for the village are said to be extremely active in their campaign to keep liquor out lets out they contend that a liquor store in the village will not increase business or in any way contribute to the general prosper ity of the community the wet forces are reported to have the support of several local business people who are said to be of the opinion that a liquor store in the village would mean increased business for them the socalled wet forces are claimed to have been promoting the vote for considerable time by forming committees getting up a petition and so forth what the outcome of the vote will be only the ballots can tell and they wont talk until after they have been cast and counted ed 1 41s per annum this is a flat average of all the wages and salaries on canadian railways in 1933 at the bottom of the depres sion the earnings of the avenge worker fell to 1299 meanwhile the cost of living had fallen to 775 as against 100 in 1926 through that fact and that fact alone real wages rose to 1676 per annum there was a substantial increase in real earnings due to a decline in the cost of living here is the real test the industrial revolution meant a change over from hand work to machine production which result ed in a tremendous increase in production and a higher standard of living to whom did this increase belong it could be given to the inventors or others who developed machine production it could have been given to those who provided the necessary capi tal for increased production labor might have taken it all that in a large part is what really happened then there was the consumer the forgotten man the gains from technological improve ments should have been passed on to the consumer in a lower price for the products produced if this had been done there would have been an increased demand for goods and full emplijyment would be the normal condition in every nation bastiat the great french economist was right when over a hundred years ago he wrote these words treat all problems from t lie standpoint of the consumer for the interests of the consumer are the interests of the humaffrace note bastiats economic sop hisms was for many years out of print in 1931 i published a new edition under the name of econo mic fallacies it sold readily per haps the world is now ready for another edition i am convinced of this the world will do right when it has exhausted all the pos sibilities of doing wrong surely we must soon reach that point rjo ottawa sept 9th 1950 ane you ettuuf tap priced ja you poultry arnold farms pay top prices for live or dressed poultry plant grading station on no 7 highway at don mills road for information call agincourt 5r2 day or nightcollect custom picking dance every saturday night stouffville veterans hall modern old time w w bates orchestra admission 50c t molasses a good supply of feeding molasses now available get your requirements now and avoid disappointment bulk or in drums reesors marmill limited markham ont phone 9600 white eggs wanted a 2c premium is being paid by p hutton for grade a large whitb eggs cases supplied free pickup and prompt return 40 kenworthy ave toronto gr8970 r i uaa attention farmers we are paying the current market price for dead or crippled farm animals horses cattle hogs telephone collect for immediate service gordon young limited stouffville 255 toronto ad 3636 claremont 41rl4 uxbridge 27 tune in singing stars of tomorrow sunday evenings dominion network