Oshawa Times (1958-), 28 Nov 1963, p. 23

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eventually lie in ruin if a move-|Ontario has produced Nttle more)tempting to gain control by es-; ' . { ve-| as pt : ptin : THE OSHAWA TIMES, Thursday, November 28, 1963 23 Hog Marketing ment to set up hog marketing | than diminishing prices and has|tablishing hog marketing) ACT EXTENDED boards. He said those promoting -Gold Mining Areas Get Survival Shot OTTAWA (CP) -- The federal aid plan which has been keep- ing Canadian gold mining com- munities alive since 1948 will be extended again, this time for four years, Mines Minister Ben- idickson announced Wednesday in the Commons. He said the government will extend the act, now due to ex- pire Jan, 31, "to preyent the hardship to dependent commu- nities which would result from the abrupt closure of a substan- tial number of gold mines." All opposition groups wel- combed the announcement The act originally was for a three-year term and has been regularly extende@ by one, two or three years. This is the first four-year renewal Mr. Benidickson said there will be no change in the form- ula, which provides a_ federal subsidy only where a_mine's cost of production excesds $26.50 a fine ounce. Under this formula 41 of the country's 49 mines qualify for varying amounts of assistance. PAID $5.20 AN OUNCE Last year Ottawa paid a to- tal of $14,500,000 or an average of $5.20 an ounce. Since 1948 it has paid out $171,600,000 The government mint cur- rently buys gold at about $37.70 States fixed price of $35 anjthe government to hold talks ounce and the devaluation of the|with the International Monetary) Canadian dollar.' Fund about a possible increase) The minister said there will|in the world price, now fixed] ibe an amendment, however to|by the U.S. at $35 an_ ounce.) | prevent new communities from) Douglas Fisher (NDP--Port) |becoming dependent on the sub-| Arthur) said there will be some) sidy. concern in mining circles about) No assistance will be paid to|the decision not to support com-/ lode gold mines brought into op-|munities established after mid- 'eration after June 30, 1965, \un-|1965. less the mines contribute direct) }e wondered what would hap- -- to an existing commU-|j6n to areas that do not qual- i ; ? _lify for aid now because of low Lode mines are those that ex-| - tract gold from underg'ound production costs but meet pro- veins. Placer mines, taking gold duction difficulties after mid- particles from rivers and 1965. : streams, will not be under the restriction ALLOW DEVELOPMENT The 1965 date for excluding new communities from the as- sistance benefits was chosen so mines under development would have an opportunity to reach production in time to qualify Mr. Benidickson said the four- year extension was decided on after the government received representations from municipal- ities and gold mine operators outlining the need for continued assistance. SMART WOMEN ... have their carpets and uphol- stery cleaned 'The Sate Way' Paul Martineau (PC -- Pon- by tiac-Te 'ami ee' DURACLEAN -Temiscamingue) said there hte pe "general satisfaction" in| 728-8518 go Boards Could Ruin Industry' LETHBRIDGE (CP) -- Can- ers, ketin ada's livestock industry could|board system now operating in boards succeeded, F. Jack Per-|cut grower incentive. kins,. of Wainwright, Alta., pres-| He said the Ontario system|the plan want to set up orovir- ident of the Wesiern Hog Grow-|is 'incapable of providing a top cial boards, then a _ aaticnal ers Association, said Tuesday. |quality product for. the con- board and eventuaily take in Mr. Perkins, speaking to a re: | |gional meeting ,of hog produc- said the hog marketing turns for the producers." 0 the livestock industry. Mr. Perkins said a small seg-| He sid the hog industry 'has ment within farm unions is at-|played second fiddle for far too sumer and the best possible re-|cattle, sheep anc other segments) liong. We should clongis stand-on| cial Register lists Governor and jour own and , . . make it known|Mrs_ Nelson A. Rockefeller to- |who is running our industry. |gether in its 1964 edition. The listing ended speculation that ROCKY STILL SOCIETY | ineir names might be dropped NEW YORK (AP)--The lat-|pecause of their divorces and est edition of the New York So-!remarriages. ad & \) Y > Store the %é Prt mining towns. But he urged an ounce, based on the United) ----- Tory MP Claims} *?O™*-2© Hays' Job Only } ALIGN MENT Part-Time 95 OTTAWA (CP) -- A Conserv- ative MP complained in the MOST CARS PHONE Commons Wednesday that Ag- riculture Minister Hays is only 728-6221 for Ordinarily Much Higher Priced! Available in modern designs . beautiful floral-abstract and geo- metrical designs in easy-draping "Arnel". Choose a yardage to' make up into drapes and curtains for almost any room! Predomnant shades of rust, coral, turquoise or green in the group; but not. all cotours in all Pet Accessories Remember Your Pet at Christmas! A. 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