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14 'THE OSHAWA Times, Wednesday, June 19, 1963 * teaad i Gordon Brings Out Weapons In Tax Arsenal OTTAWA (CP)--It has been years since a federal govern. ment made any drastic change in income tax rates for any rea- son, let alone to stimulate or restrain the economy. But Finance Minister Gordon in his budget speech last week at least dusted off these tax weapons in Ottawa's economic arsenal. And unless his previous writings are tempered by prac. a tical politics, he is ready to use WINNERS,...AN® MORE CASH PRIZE WINNERS are coming in every a ahead to a late-1963 week... in Dominion's exciting '3-IN-A-ROW or SPELL DOMINO"! pacer ate 4 on ue ee. Thousands have discovered it's fast and it's fun and of course the ers and tax income, Mr, Gor- cards you get each time you visit are FREE! Drop into Dominion today, don warned that if Ottawa gives hee i up a major part of its revenue and join in the fun! You may be the very next winner of a very worth- pao vuaah tener cakes while cash prize. In addition to cash prizes . . . you'll save on your over the level of economic ac- % ' , tat tivity in Canada would be weak. food bill at DOMINION... Canada's most exciting food store. Come ened." this week! ® z PRAMS RT ER ERS ER The phrase "fiscal policy" covers a broad field of federal ' action, including the level and nature of spending and whether there is a deficit or surplus. But it also includes tax levels, both s as they affect the federal bud- get and the taxpayers. CAN BOOST ECONOMY The theory is that.a major cut] MRS R : BURGESS in tax rates can help boost the ae & e economy by putting more spending money in people's 46 LIBERTY ST. N. hands, thus increasing demand. BOWMANVILLE Or taxes can be raised to re. duce demand in boom condi- tions that threaten to cause in- nation MRS. E. CANDY Last notable example was in the early post-war ar ~_ 211 MONK ST. the extremely high levels o! cnacem|| MRS. D. GOOD MRS. W. BARTON oouegt for fear of adding to the infla- e e e e : tionary pressures already pres- . = MRS McFADDEN e je Cc. Since then, however, tax rates seldom have. been changed for such an explicit economic rea- KING ST. E. 61] ATHOL ST. 746 GIFFORD ST. son. Where they have been : OSHAWA raised or lowered, the finance minister of the day usually has explained the move as neces- . sary for revenue purposes or to MRS R. BURTON relieve high tax burdens. e In any event, annual budget. 354 JARVIS ST. ing makes such economic ac- tion difficult. Taxes and spend- OSHAWA ing are fixed a year in advance and often can't be changed quickly enough to cope with an immediate situation. Some countries in Europe have given|YVAN CAMP IN TOMATO SAUCE themselves more flexibility. Board Planing BEANS with P ork Move Against : STOCK UP AT THIS PRICE Grain Loaders COLD BEEF SLICED TID BITS CRUS@IED CHICAGO (AP) -- The Na- tional Labor Relations Board @ said Tuesday it is considering ' additional action aganst mem. C bers of a grain loaders union who persist in refusing to load) a Canadian vessel. Lawrence Erlich, a lawyer for the NLRB, declined to say what action the board is contemplat-|F LORIDA NO. 1 RED RIPE AND SWEET ing. | The vessel, the Howard L. Shaw, owned by Upper Lakes| Shipping Limited of Toronto, has been waiting at the Conti- nental Grain Company since April 22 to take on a load of grain. Members of Local 418 of the Grain Elevator Workers Union have refused to load the boat REAL TOMATO FLAVOR -- AYLMER TOMATO SPECIALI CATSUP 3-49 ROSE SWEET MIXED SPECIAL! PICKLES «39: SOLO REGULAR COLOURED SPECIAL? despite an injunction issued Fri- day by Judge James B. Par- sons of U.S. District Court di- recting them to do so. Members of the union say. : poo 5 aS ee cay, sigan Sg ] -LB C os fs : Sate ey ae nvmpatiy wis] LARGE SIZE 19 T2008. PKG ion (SIU). The SIU is involved} EACH delet 3 in a dispute with the vessel's owners and the Canadian Mari. time Union (CMU). Members of the SIU manned "Uneir lakes ae pe POST'S CEREAL SPECIAL! the company last year signed on CMU crews. } Al h Bu : 10-Oz. Pk ---- 6 | : Uz. g. B Own FIRST OF THE SEASON CRISP CALIF. NO. 1 8 £ Ss oat ers Cc @ Cc * re : f 10-Oz. Pkg. Wamed About Seedless Grapes « 39::<rspy Critters oe Having Plates - Sugar-Crisp : g NEW CROP CALIFORNIA CRISP AND CRUNCHY ¥ % OTTAWA (CP) -- The trans-| y AYLMER FANCY CREAM STYLE ; SPECIAL! port department warned Tues-| day that owners of small mo- JUMBO torboats now face prosecution if| SIZE their craft are not carrying 30's EACH | 4 Ni 2 35 plates showing the recom- CATELLI COOKED SPECIAL! mended safe maximum weight) 28-OZ. TIN load and maximum horsepower| capacity. iSWEET SEEDLESS AND EASY TO PEEL NO. 1 The regulation, introduced a year ago as a water safety mea. as affects pleasure boats of 5-LB 16 feet in length or less pow- ; ered by outboard motors of 10] ave ranges POLY BAG horsepower or more. No legal action has been taken until now pending dis-\VINE RIPENED SALMON FLESH NO. 1 ARIZONA plications for the plates. Ve Failure to have a plate, or a : transport department receipt JUMBO pending delivery of the plate to| SIZE C the applicant, can result in a 45's fine of up to $100 or two months) imprisonment. Charges can be} laid by any peace officer. ICALIFORNIA NO. 1 FIRST OF THE SEASON Since the regulation went into | effect, the department has is- sued more than 87,000 plates to| LARGE individual applicants. More than |. urmosa ums SIZE Cc 24,000 have been issued to the QUART boating industry to place on 963 models. |