Oshawa Times (1958-), 7 Aug 1962, p. 4

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4 'THE OSHAWA TIMES, Tuesdey, August 7, 1962 ® DiM. Joe DiMaggio, second hus- ; | | band of Marilyn Monroe who died late last Saturday night, enters the offices of the West- wood Village Mortuary in ACCIO AT MORTUARY OTTAWA (CP)--The idea of eliminating income tax on an investor's earnings from provin- cial and municipal bonds is percolating through the Cana- dian financial community. The idea has bubbled up sev- eral times in evidence given be- fore the royal commission on banking and finance. Some wit- nesses see it as a possible way of making it easier and cheaper for municipalities to borrow. Tax-exemmt status for such bonds already is granted in the United States. Canadian advo- cates of the move say it would be an extension of the princip'e already accepted for equities, in the form of the 20-per-cent divi- dend tax credit. However, it still is too early to develop fully the argument's pro and con, let alone even speculate on the commission's thinking on the subject. For one thing, the commission has yet to hear from the banks, the federal finance department, the Bank of Canada or the gov- ernments of Ontario and Que- bec--two provinces that h.ve} more than half the total Cat- dian municipal debt. 1 |REPORT IN 1964 These groups will be heard jlater this year, starting witn| jhearings in September and Oc- \tober. The conmission's report | Exemption Urged To Aid Borrower jthe average rate for that year. West Los Angeles late Mon- day to assist in making final arrangements for Miss Mon- roe's funeral. The funeral and interment will be at 1 p.m. (AP Wirephoto) Preacher Checks On Girlie Books By DAVID NICHOLSON HALIFAX (CP)--Preachers--} especially fundamentalist ones) --don't usually spend their time} reading girlie magazines. But Pastor Perry F. Rock- wood of Halifax can't even guess at the amount of time he has spent in the last few months leafing through every girlie} book he could get his hands on.| At one point, he said, he had) spent more than $90 buying them. The more he reads the less he likes them. As a result, Pastor Rockwood) for failing to assert the reatities of Christianity In 1947, a fellow Presbyterian minister, Dr. Frank Lawson of Halifax, laid charges against |Mr. Rockwood in church court.| fa The charges said Mr. Rockwood had made "a definite attempt to split the Presbyterian Church" and had preached doc- trine contrary to the church's logma In his defence, Mr. Rockwood |said the church was "sick unto/Stitutional investment in muni- |death" and insisted it was his/ cipal bonds. |duty 'to point our error irre-| spective of consequences and to| to the government is scheduled ltor some {me next year, ia itime for the 196¢ decennial re- view of the banking legislati .a | Municipal borrowing prob'cins lare right down the alley of |commission chairman, Chief | Justice Dana Porter of Ontario, jand his six colleagues. One of |their jobs is to survey the en- itire flow of funds through the| capital market. | Municipalities went to that! |market last year for $489,094 -| |000. Total municipal debt at) |Dec. 31 was $3,695,000,000, with about 35 per cent of it held out-| jside institutional and senior! |government accounts and welll lover half held outside Canada. The problems municipali ies ce in marketing their new is-) }sues has brought a welter of other suggestions to the com- mission -- federal interest-rate | subsidies to junior go ernments, |special Ottawa loan or grant |funds for schools and hospitals, | even federal insistence on in PLAN TAX INQUIRY Thus the commission has cause their taxes are not based| entirely on investment income. As the IDAC saw it, once bonds became tax-exempt the big source of capital for muni- cipalities would be in the upper taxable income brackets--"and the volume that might be gen- erated from this source might not be substantial." SPREAD NARROWS The association added: "It is possible that a few tax- exempt issues might be suc- cessfully sold, but it would not take long for the yields on tax- exempts to increase so as to al- most coincide with those on tax- able securities." The IDAC quoted the Federal Reserve Bank of Kansas City as saying that the tax-exempt system in the United States has provided "an unwarranted haven from tax progression." As an example, an American) investor in the highest tax| bracket in 1960 could get a tax- free return of $32,600 a year on a $1,000,000 investment in top- rated state and local bonds as | His return would be only $4,000 after taxes on an equal invest- ment in top-rated corporate is- sues. The reserve bank said that since the spread in yields be- tween the two has narrowed steadily, it means that high- bracket taxpayers are saving more in taxes than the junior governments are saving in in- terest costs. It also tends to encourage in-| vestment in "rather safe' se-| curities by those who are in the! best position to finance riskier private undertakings, the bank noted. New Teachers At High School AJAX The Ajax High School commences the 1962-63 schoolyear on Tuesday, Sept. 4 and all students are required| to register that morning The High School welcomes the following new members to) its staff of teachers: Mrs. A.} Beekmans, librarian; K. David.| son, Eng., Math., Soc, Stud. S.} Malcolm, Physics, Math.; R.} McDougall, Math., Bus. Prac.; | Miss §. Strand, Science; Miss) J. Waugh, Eng. and Phy. Ed.| It is essential that students| have all their text books and} healthiest specimen ever but it was Norma Jean who got sick. Soon after she got her pink slip for Som "s Got to Give, I talked with her. "No one was more surprised than I when I heard on a Fri- day night that I was fired. How could they expect me to work when I was sick?" ~ The sad thing is that the movie star who was never there was Norma Jean, the waif. DESCRIBED AS SICK One of her oldest friends at 20th Century-Fox, a top execu- tive, sadly admitted that she was sick. "But it's not a physical sick- ness," he said. "It's something that she can't contro]. I don't think she will ever work again." Ten years ago, the late Mar- fon Davies was tossing one of her famaqus parties. Marilyn was invited, so' was - She was making Clash by Night at the time and we were chatting in her trailer dressing room. As always Marilyn was quipping with the breezy dia- logue that a dozen press agents jhave taken credit for undeser- | vedly. | Then she turned sad, plain- |tive--almost pleading. "I would | love to go to that party at Mar- 3 jion Davies' home. Could I go with you?" GLASSES ALREADY I looked at this. beautiful girl, . this sex symbol and answered: ract condition. Baby under- | "It's okay with me but I don't) went surgery for removal of |think my wife is that broad-| cataracts when she was six | minded." | months old. | Mar (AP Wirephoto) | her at the party. Paula Jean Buice, 9-month- old daughter of Mr, and Mrs. Ernest Buice of Gadsden, Ala., wears glasses as a Cor- | ilyn laughed. I looked for 2 | } rective measure for a cata- | ' Ba aoe id not Norma Jean Baker di |come CNET EARNINGS * By THE CANADIAN PRESS R. L. Crain Ltd., six months! 2 cents a share; 1961, $236,371,| Columnist Tells Munroe Stories AP Hollywood columnist | James Bacon had known | Marilyn Monroe from her | I thought of that remark! obscure beginning in films joften in the year since she Chemical Corporation, year to her emergence as the |made it. When I got the wora\cndel June 30: 1962, wren world's most famous blonde |early Sunday that Marilyn had|*-04 @ Share on 2,642,841) and her reign as the (died, I felt sad but not sur-| Shares; 1961, $8,218,000, $3.07 a screen's sex goddess. In a | prised. It was the kind of thing| Share on 2,544,259 shares. } three-part series starting to- \that often happens to the Norma| Lower St. Lawrence Power) day, he gives a vivid, per- |Jean Bakers, the lost souls of Company, six months ended) sonal portrait drawn from (this world. |June 30: 1962, $394,200, $1.73 a| 13 years close friendship | Through the years I saw ajshare; 1961, $300,281, $1.26. | with he scitess. lot of Marilyn, little of Norma| Westeel Products Ltd., six \Jean months ended June 30: 1962, net By JAMES BACON Marilyn Monroe was_ the| loss $53,000; 1961, net loss $92,- HOLLYWOOD (AP)--I knew] ee Marilyn Monroe as well as any) newspaper man could. She was easy and lovable to know But I never knew Norma Jean} Baker. Nobody did -- least of all Marilyn Monroe. That's too bad for it was as | THIS DIAMOND 1S A MAN'S BRST FRIEND. § And this diamond can put up to $2,500 in } your hands -- perhaps even more. Niagara Train Soldiers | To Control Mob OTTAWA: (CP) -- Canadian soldiers are being trained to control the crowds that could build up during a national emer- gency, such as after nuclear at- tack. It's a foreign subject to Cana- dian troops, so the training has been based on British exper- jence in coping with ill-lemp- ered mobs in the Middle East. Army officers are being told, for example, that weapons should be brandished in front of a crowd only for the psychologi- cal effect and that officers "must not be stampeded" into ordering a return of fire from the crowd. The training is part of the army's preparation for its sur- vival role. A manual notes that any crowd gathering when food and shelter is scarce "is poten- tially aggressive and could be- come hostile." "Under no circumstances will troops join in an exchange of heckling or. make any reply to taunts or jeers from a crowd," the manual says. DON'T THROW ROCKS attacks made on individual sol- diers or small groups. Invariably an aggressive crowd will throw rocks, sticks or mud at any force that op- poses it, the manual says. Troops are warned not to return the barrage. : What if members of the crowd set fire to buildings? "Since a crowd cannot re- main any closer to a fire than the troops, the situation may be turned to advantage by quickly deploying men from another flank, or from the rear. "When fire is used the officer commanding' the troops must not be too hasty in using his force as firefighters. This may be what the leaders want." And what if the crowd threat- ens to us eexplosives? "If the threat is confirmed the only recourse is to withdraw temporarily and lay down a heavy concentration of chemi- cals, e.g. tear gas. If available, armored vehicles could be used to maintain control while a special squad deals with the sit- uation." So - called "escape crowds," fleeing from disaster or the Detachments should not be posted where they cannot rea- sonably defend themselves from threat of disaster, often panic when escape routes appear blocked. a From the author of 'God's Litt Aduit Entertainment BILTMORE 2-"Greats" Flash Across Our Screen TROY # DOROTHY DONAHUE | McOUIRE CONNIE § LLOYD Srevans_ © ewan Slade Susan 'a5 ick * TECHNICOLOR® rom WARNER BROS. TODA DOORS OPEN AT 6 P.M. TONIGHT! The screen has never known @ DAD OSEINGNS / ao love story to compare with this! MITCHELLS 2 OF Int CLO SOUTH GONE WITH THE WIND CLARK GABLE + VIVIEN LEIGH maintain the purity of the church." supplies by registration day,|Norma Jean Baker, a lonely, Sept. 4, officials stressed. The} {vightened and bewildered little school bookstore will be open girl, that Marilyn Monroe lived daily 9.30 a.m. to 11.30 a.m, and and died. from 1 p.m. to 3 p.m. Monday,| She once told me: "Of all the Aug. 27 to Friday, Aug. 31. |Marilyn Monroe pictures, I liked Some Like It Hot the LAKE DISASTER best." The great four-day storm of} Her use of the third person November, 1913, on the Great| puzzled me. She answered my Lakes wrecked 24 ships andiquestion without my asking it. drowned 300 sailors. | "I'm not really Marilyn Mon- enough ideas to toy with with- out delving too heavily into the FOUNDED MISSION tax picture--a matter it may He was found guilty by the| choose o leave, in any event, court. and resigned from the|t© the projected royal commis- church. No disciplinary action| Sion on taxation promised by was taken. Prime Minister Diefenbaker. After his resignation he The Investment Dealers' As- founded the People's Gospel|Sociation of Canada put up Hour in Truro, N.S. The mission| Stout opposition to the tax-free later moved to Halifax where| bond idea. It viewed as "'doubt- i ; ; ful' the proposition that it it now is located. His week! A radio program is heard on "7 would bring down debt service stations in Canada, the United| charges to Canadian issuers. | States and. Puerto Rico. Pension funds--big buyers of| He says he feels badly be Peay et eo y be-'no benefit at all from such a cause fundamentalism is often| move, the IDAC said, Purchases} sneered at" and adds that not)by banks and insurance com-| removed from the stands have|®"0ugh people have heard the! panies might even go down, be. resulted in controversy, some-|fundamentalist message. Sys ue thing that isn't new to Pastor| Much of his work is aimed at) og, ® Rockwood. jthe city's youth. He says the! Five In ured Born in New. Glasgow, N.S. gig campaign -- hii J | : gazines was undertaken) i he trained for the Presbyterian mainly to keép them out of the ministry and was ordained .in " ; n ar Tas 1942. Five years later he re- ands of children and young signed from the church after he| People. BOWMAN ee was found guilty by a church | Five persons were admitted to court of attempting to split the 2 4 ithe Oshaws General Hospita) pose Pickering Boy | during the holiday weekend, all ; : P sufféring from head injuries re- His life as a Christian began| . , | Ceived in the same accident. in high school. He says that for Ri Victi | The accident occurred Sun- seven years before entering ver 1 im day on Highway 2 at the Pres- Grade 12 he "never darkened i rage i cened) NORTH BAY -- George)tonvale road. The drivers were e door the house of God. |Roussy, 8, son of Mr. and| Theodore Miller, 43, of 30 Prince On the eve of his gradvation|Mrs. Paul Roussy of Pickering, | street, Bowmanville and Uberto from Grade 11 he was as|drowned Monday in the La-/Zeppieri, 33, of 220 Glenholme "drunk as anyone could be." |vasse River at Champlan| avenue, Toronto. | Things changed the next year.|Park, three miles south of here.| Mrs. Velma Miller, a passen- He was persuaded by a friend|. Police said the family, in| ger in her husband's car, was to go to hear a sermon North mer vitae Selenis, rang | ponte : the gig coy gone to the park for the day.|Memorial Hospital with head! OP ou he an at 4S¢imon His body was found in six feet|and chest injuries, | saved." of water. | In the Oshawa General Hos-) . : Police said about 250 per-|pital are Umbero Zeppieir, his! After working summers with sons were swimming at the time! wife Veria and their 12-year-old|. The Evening News in New Glas-| There were 3,000 persons in the|son Frank; also, Antonio Mas-| gow he received his under-| park. . jtracci of Toronto and Pasquale graduate education at Acadia} When a search of the park|Zeppieri of RR 3 Bowmanville.| University, Wolfville, N.S., then|failed toolocate the child, life-| Bowmanville OPP detach-| took his theological training at|guards and volunteers linked! ment which investigated the ac.| the Presbyterian College in| arms in a chain and located | cident estimated the total prop-| Montreal and Knox College in|the body in the river. erty amage at $3200. | Toronto. Rapes er oe aR RARE G, aie gE AP aE | | DISPUTE WITH FACULTY | | In both Montreal and Toronto | he was involved in disputes! with faculty members. Both! disputes dealt with the truth of! the virgin birth--a doctrine he stoutly maintains is the only! true one concerning Christ's| birth. He professes a word-for- word belief in the Bible. j During his five years of min-| istry in Truro, N.S., he bitterly attacked the church, including| his own Presbyterian church, One-Car Crashes Injure 2 Drivers BOWMANVILLE (Staff) Bowmanville OPP detachment reported two one-car accidents during the weekend, resulting in| both drivers being injured. j The first occurred Sunday on the Tyrone road. Police say the, driver, Grant B. Evans of 163) Central Park boulevard south, Oshawa, suffered concussion after his car went out of conrtol and rolled over in a ditch The second accident occurred on Highway 401 near the Dur-| ham County line. Jacob Nijen-| hisis of 85 William street,| Brantford, was treated for lac- erations to his left ear and shoulder by Dr. R. K. Patter-| son Police said damage to the Ni-| jenhisis car was about $1,000. has had the sex-illed publica-| tions withdrawn from almost} every newsstand in the Atlantic provinces. He is convinced they are obscene as defined im the Criminal Code. To gather ammunition he got his friends to move into Halifax newsstands and buy jscores of girlie magazines. Then he went out and came back "with a carton more." "We spread them all over the floor. It was quite a sight. I never had any idea there were so many dirty magazines." RESIGNED FROM CHURCH His efforts to have the books Finance has over 200 branches coast to coast, specializing in fast, convenient service to Canadians who need to borrow for some worthwhile purpose, How about you? LESLIE HOWARD - OLIVIA deHAVILLAND bis mii, Plus! w > Cartoon | WIAGARA FINANCE COMPANY LIMITED Largest All-Canadian Consumer Loan Company 286 King Street West, Tel.: 728-1636. W. G. McKnight, Manager| Open Monday to Thursday 9 to 5 p.m. Open Friday 9 to 8 p.m. Closed S$ days. Branches th h Ontario. 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Business Courses for young men -- offering Speciel- ized Training in Accounting. $ 9 and $ iai Courses for Girls. ACT NOW -- ENROLMENT IS LIMITED CLIP AND MAIL THIS COUPON. 10 Simcoe St. N. Oshawa Dial 725-3375 AD ENTERTAINMENT KIRK DOUGLAS LAURENCE OLIVIER JEAN SIMMONS - CHARLES LAUGHTON WALT DISNEY'S "CLOCK CLEANERS" . COLOR CARTOON LAST TIMES TODAY WILLIAM HOLDEN in "THE COUNTERFEIT TRAITOR" recunicovor BN et a AIR-COOLED => ae OnTamo a G h ano TONY CURTIS .. arromus = Tecumoovor® SUPER TECHNIRAMA' 70 Lenses By Paxansion FEATURE SHOW AT: 2:00 -- 5:10 -- 8:20 P.M. AIR-CONDITIONED FOR YOUR COMFORT Ontario Economic Council Tourist Industry Committee BRIEFS INVITED College The Ontario Economic Council has appointed a Tourist Industry Committee to study the present and future role of the tourist industry in the province. The purpose of the C ittee is to all asp of tourism in Ontario and to formulate recommenda- tions concerning: 1. The relative effectiveness of current government as- sistance to and participation in the tourist industry. 2. An evaluation of strengths and weaknesses within the industry itself. Public hearings will take place in mid-September in various parts of the province. Individuals and organi- zations interested in submissions to the Committee should submit six (6) copies of their briefs as soon as possible before September 15, 1962 to the Secretary of the Committee. W. H. Cranston, Chairman. +; For a carefree vacation-- to any location hh P Ask your travel agent or CN about Maple Leaf Package Tours Mail Free Literature describing Career Courses to T. C. Clarke, Secretary, Room 286 Parliament Buildings, Toronto (Telephone 365-1948) ADDRESS seeeee

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