The Oshawa Times, 11 Jul 1960, p. 16

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16 THE OSHAWA TIMES, Mendey July 11, 1960 claimed to be the world's big-| gest ranch, the 5,494-square-mile | Victoria River Downs, more than twice as big as Prince Edward | | earing - issue Friday concluded with the ay mm, i ; 7 my, C5 ys yi . | NEWS IN BRIEF {assurance that any adjustment in : ; / / i i } ttle Em ire TV MEN TO MEET !be minor and an indication that ] Hi |B y | ; 4 MONTREAL (CP) -- R. E. an amended decision will be 7 a : ; 7 9:30 a.m. to 6 p.m. | . |Misener, general of | forth in about two weeks. -. b A oo / Open Fridoy Night | ° . ) i i a f ; '] | A i 1 that a committee formed by rep- TO WIN AWARDS ? i ; 5 4 TR wi : n us I a 1a licensed private TV stations will tering Ontario Agricultural Col- meet in Winnipeg July 17-18. The|lege who held the highest stand- MELBOURNE, Australia55000 merino sheep. establishing a second national TV aminations will receive sgholar- of an Australian cattle and sheep|for £5,000,000 ($11,000,000). The re i " A 5 ported Friday. The OAC empire, claimed to be the Hooker Corporation intends to ANNEXATION HEARING Alumni Foundation holds and ad- company is expected to open up/land empire and raise produc- mentary Ontario Municipal Board '000, k or Rs: : Ve. stock industry. management. i , §. 1] "VISTA" § The string of cattle and sheep 4 ' : 4 ; "de d DELUXE acres, were sold by William! Included in the deal is what is A richest men, to the L.J. Hooker Investment Corporation. caitle and sheep stations spread|Isiand. { itory. miles of the Victoria and Wick- | and the Northern Terrifory ham rivers, in the Northern Ter- E - tle. It was the jewel of the Buck- conomic None of the eight stations is measured in acres. . . populated northwestern * Austra-| Hit Chile become lost as they graze on the \ 2,873 square miles of the two ad- SANTIAGO, Chile (Reuters)--| Walgra, in Queensland,| The May earthquakes which rav- spreads over 1.350 square miles wi out entire cities threat- © " " pa, on to wreck the country's RAYBESTOS "BONDED BRAKES effort to put its finances in or- ties in the transaction is Strath- d darr, one of Australia's greatest from | : 3 » 1 ion' omy came at al smaller properties, covering only 3 AO en Prodent Jorge Ales-|194 square miles and carrying Houston S Service Station and Garage firm brakes on the wheels of in-|sheep and 200 cattle, near the 67 KING ST. W., OSHAWA flation. | western town of Longreach, in dollar. At the end of 1958, one dollar cost 1000 pesos, an I aring on London's annexation pr d new city boundaries will Store Hours: CFCF-TV Montreal, said Friday) resentatives of Canada's recently GUELPH (CP)--Students en- By LEO CHAPMAN They carry 170,000, cattle and committee is to explore plans for ing in their final high school ex- (Reuters)--The recent purchase The properties were brought wor ships.valued at $1,000 easly; it was world's largest, by a real estate|inject more capital into its new| LONDON, Ont. (CP)--A supple- ministers a fund of nearly $90,- a new era in the Australian live-/tion through better livestock ranches, comprising 7,000,000 LARGEST IN WORLD Buckland, one of the country's The transaction covers eight over the six Australian states) Vic River Downs lies along 120 ritory, and supports 90,000 cat- land empire. They include properties with IO es aboriginal names such as Le-| guna and Ningbing in sparsely-| lia, carrying 19.000 cattle which By ALFONSO MAURI joining ranches. aged one - third of Chile and and supports 22.000 head of Actually, 1 could never do it without Among the four sheep proper- er. x f The devastating shock to the Merino studs. It is one of the sandri's government had put|11,550 stud sheep, 13,000 flock RA 3.7922 In 1950, 90 pesos bought one Queensland. elevenfold loss of value. Inflation December, 1958, and December, | 1959, when the peso lost only five) per cent of its value and has virtually was stopped between ® : y : stood at around that mark ever| ( since. The inflationary process had a political origin. As a bad ex- ample tends to spread, past gov- ernments followed the lead of TH E Argentina's ousted dictator, Juan Peron, and embarked on a pol- icy of demagoguery which went a long way to decapitalize the country. Chile soon was consum- ing more than it produced. The amount of money put into the hands of the people as a result of mass wage increases bore no relation to the production of con- sumer goods, The country lived in a fictitious paradise of plenty. AUSTERITY NOW Today there is austeriy. Prices match those in New York § but earnings have lagged far be-| } hind. A workman's salary will barely pay his rent. A suit will cost him two weeks' pay. Only miners in the copper industry, living in homes belonging to the company and protected by social | laws, can face the situation, Unrest is apparent through or- ganized strikes and sporadic| stoppages. ; | age i's popularity is in} jeopardy. Many regard him as an economic dictator and clamor | for a return to the 'good old | days." | Ashburn School Promotions MRS. R. RICHARDSON ASHBURN -- Mrs. M. Sparks was hostess to the WMS Auxil- iary of Burn's Church Wednesday. | Mrs. Deeming was in the chair. Mrs. Frank Lynde read the scrip-| ture and Mrs. R. Batten led in| prayer. Mrs. Ray Graham led the study period and Mrs. L. Death | gave the report of the summer rally held in Sonya. | It 'was decided not to hold aj meeting in August. | Mrs, Sparks served lunch and, Mrs. Edgar Heron showed slides. | Mr.and Mrs. Perry, student minister at Ashburn and Port) Perry, are on holiday. Mr. Linstead of Port Perry| United Church will conduct the Three Outstanding Values in 'Serta' Mattresses New covers combine with spring construction, specially selected to give luxurious comfort to these mattresses, which all have special introductory prices. A. Serta "Vista" . . . a smooth-top mattress. 312-type coil-spring con- struction; thick sisal pads; new cotton felt upholstery. Rayon-and-cotton damask cover, carefully tailored with prebuilt edges, cord 4 8 turning handles. 39", 48' and 54" sizes. Each ............ » Matching Box Springs, each 49.88 » B. Vista" Deluxe . . . plastic foam insulation pads over the 312 coil springs (in 54" size); layers of white cotton felt. 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