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4 THE OSHAWA TIMES, Wednesday, June 10, 1964 ae. & clad se BIG AMBITIONS REPORT FROM OTTAWA By RUSSELL C. HONEY Durham MP Introducing a bill to amend the Farm Credit Act last week, Agriculture Minister Harry Hays said the changes are necessary to help farmers establish economic farm units and to assist them in building better houses and other build- ings and in buying the livestock and nt they need to operate efficiently. Because of the changes taking place in modern day farming necessary changes are taking place in the requirements for farm credit programs the Minister said: "In addition to loans available under the Farm Credit Corpora- tion the department of vet- erans affairs through the Vet- lerans Land Act administration provides credit to full time and part time farmers who qualify as a result of military service. Farm Credit Amendment Introduced In Parliament they have also shown a willing- ness to use good advice from the Corporation as well as a willingness and an ability to re- pay their loans. LOAN LIMITS The present loan limits under the Farm Credit Corporation legislation are $20,000 for stand- ard loans not supervised by the Corporation and $27,000 for supervised lgans, The maximum term of repayment in each case is 30 years, Rapid changes have taken place in agriculture since these limits were established, and it is now. evident that the present limits on loans are no longer adequate to establish ef- ficient, viable family farms in many sectors of Canadian agri- jculture. By doubling the size of the loans the government believes an important step will be taken toward improving the Corpora- Intermediate term credit is available to farmers through * lloans from the chartered banks guaranteed by the government under the Farm Improvement ists, a folk singing group that Loans Act, Also, in the admin-| tion's capacity to help farmers lin the way they need help and jin a way that enables them to |help themselves. 'That is the| kind of help our farmers, want) a chance to make the best|Corporation for Durham County; order to assist the farmer's) heirs to continue to operate and! develop their farms, even though the estate may not yet be fully settled. ' YOUNG FARMERS Under the amended legisla- tion a father or an uncle may borrow money to assist q son or nephew or other relative to buy a farm. This particular amendment will be of great assistance to the Corporation in its efforts to setablish young men in farming. In concluding his remarks, Mr. Hays said, 'These are amendments which we believe are needed right now. I think there is a lot to be said for! doing everything we can to keep the family farm. As the com- munist countries have learned all to well, there is nothing like the pride of ownership to en-; courage a farmer to do his best] After all, why should he not do} his best when he knows he is| doing it for himself? The genial and capable repre- sentative of the Farm Credit' Fouryear-old Robbie Cook, 4 GRAND OPENING | SALE COOK'S OFFICE EQUIPMENT Oshawa's Exclusive.Remington Rand Dealer TAKES GREAT PLEASURE IN ANNOUNCING THEIR New Location--75 Simcoe St. North and Invite You to Visit and Take Advantage Division street, Bowmanville, took part in the Hootenanny |istration of the ARDA program): - -. aKe | " gets a jump on some of the held last week in the Bow- |the federal government is (pga eer y : ig a ri ge rey | a4 ; j E / adit." {€ y . | 1 at the ne other kids in town, and who manville Town Hall. The /ly interested in farm credi their farms," said Mr. Hays,|Corporation in Port Perry. of Their Complete Line of Office Equipment THURSDAY, FRIDAY and SATURDAY "SPECIALS" TOP QUALITY | TYPEWRITER RIBBONS LIMIT 2 TO A CUSTOMER REGULARLY $1.00 $ | 25 FOR e EACH -- NOW Portable Typewriter CLEAN UP xiscon $3.50 ALL PARTS EXTRA he will be big enough to play Kinsmen Club of Bowman- ! ' : gi Mr. Hays announced that be-|posed increase in the maximum' Now Many Wear basis upon which to establish ajar r p Style Suppe r more M comprehensive farm|lation will make it possible for gooey, pasty taste of feeling Checks | asenEne, over 300 indies from 4,30 p.m. until all are fed.jment of the committee to the| ident CW, whi ° " ome ot he CCW wach bey Sary will be held Sunday, June|believe this committee will pro- welcomes. you with sophisticated elegance. Dine in the magnificent RED. $5.60: -- NOW -- via oerne 2 pk Vile. h lexity of the loans obviously wil' not prevent 'ox, a member of the Loyal- --Oshawa Times Photo |cause of the complexity of the ' . revent federal government's involve- bit agi po Pte does FALSE TEETH t in farm credit he has|to make small loans to those . 300 Attend Kedron Country established a committee to|farmers who do not need or/ | With More Comfort ' y make a co-ordinated study and|want big loans. (Teens 8 plessant, alkaline UC W Event j i » Corporation to lend to the late odor" (denture bresih). Get | KEDRON -- The Kedron coun.|eredit policy which will take|the "in| PASTERTH et any drug ' a try style supper will be heldjinto consideration all forms ofjestate of deceased farmers in \ BLACKSTOCK Although .it/try sty! bs credit needed by farmers, ' athe' the i - " Siete asi od at jon - Tickets are $1.50 for adults, and|House, the Agriculture Minister) TREAT YOURSELF TO When ali had been seated|? cents for children up to 14.)said: isting AN ENJOYABLE EVENING around the small tables Rev, P.|Take-out orders should --be| "We recognize that existing) ' placed with Mrs. Brian Lee,|/farm credit programs are doing' sored the event, exrended ® COF-/91 at 10.00 a.m. Guest minister| vide the basis for bringing about | glt-encirclc dining, room . . . enjoy, delicious, Continenta) and Mrs. Harold Kyte sang two will be Rev. Christopher Dugan,|greater co-ordination weet ae Seer clneeh te on evorinn ett rolex ini the intimate Blue Room, of Hampton, and special music|programs and ensure that we LICENCED UNDER THE LIQUOR LICENCE ACT. knows, ma de s : | pare D8 few years Hoo, Was sponecres by RESEARCH WORK as he pointed out that the pro-| Ape: ares do research work into the best Another amendment to the} more firmly.To eat and talk in more Farm Credit Corporation legis-| eomfort, just sprinkle a little FAS- ' ; again this year on Thursday, Y : wee pouring rela at time ofl 18, Supper will be served| In announcing the establish-| Romert cal over on asked econ eore sine i. a good job for farmers wiht AT THE GANADIANA! The Sunday School anniver-|their respective bounds. But 1) Only 20 minutes from Oshawa. . . the luxurious Canadiana solos, Mrs. Ivan Thompson in-|". ; troduced 'guest aker, Mrs,|Will be provided by the Sunday|keep right on top of new credit es Se School. problems arising from the dy- the SEE THE FABULOUS NEW REMINGTON Fleetwood Portable....15% OFF AND FREE Betty Kennedy, who we often 1 see' on television. namic changes now taking place Mrs. Kennedy gave a most in-|/McLaughlin and Harvey Gra-|in agriculture," | - C d ' teresting, informative, andjham fevered with three selec-| Canadian farmers have estab- % a n a I a n a humorous address on "Thejtions. Mrs. Gordon Strong was|lished an excellent record with 7 MOT Areas of Communications". pianist, 'the Farm Credit Corporation. : wi OR HOTEL Mrs. John Carnaghan thanked} Mrs. Malcolm expressed)They have shown that they; pat Kennedy Rd. Agincourt, Ont. Mrs. Kennedy on behalf of the/thanks to all who had assisted/know how to use credit to in-| Ra ee tel aves Code 416 in making such a pleasant after-|crease the efficiency and pro-| Stroup. Leet: . 1 Msds. Harold- Kyte, Haroldinoon. lductivity of their farms; .and! : ce ee SIX ELEGANT "HOUSE OF BRAEMORE' SUITES Finely Crafted in Styles from Formal to Casual . . . Now Available at Holden Bros. in Oshawa SELECTED FOR OUTSTANDING DESIGN FRENCH PROVINCIAL, styled for smaller or medium size living room, carved showood in fruitwood finish, Sofa and Chair .... 79.00 FRENCH: PROVINCIAL, carved showood, hand tufted back, ex- quisite detail in highest grade covers. Sofa and Choir .. Fe Nee et -,, 089.00 ITALIAN PROVINCIAL STYLE, acorn finish showood, highest quality Italian Matelasse cover. 399 00 cnee . Bee MAE CHOI ooo ccc 8 8 6s ve bees pues 1 Be, Ee a ey ak iG vvuvyivd ¥¢ . 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