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The supply of gold avatlable| The treasury department, 6 THE OSHAWA TIMES, Tuesday, December 12, 1967 e e seu ¢ witlek Van dat dace e -_-------------- nr f for backing paper money now is} which must m: inal deci. t A ; : se ui Sorrel nas ' : : eae 4 yom a | US. To Snip Last Link |$12,400,000,000, lowest in 30jsion, agrees the gold cover a in * ] years, and more than $10,-| eventually must be removed but sees no immediate emergency, 000,000,000 of this already is Between Gold And Dollar being used. Officials have indicated, how- In ttav Chairman bm gg ati ever, that Congress will be Martin Jr. of the Federa asked next year to remove it, By ARCH MacKENZIE By JOSEPH R. COYNE confront U,S. consumers if noth-\was well in excess of the 25-| arve Board has repeatedly id WASHINGTON (AP) -- Jt's/ing were done and the U.S. gold/per-cent ratio. It's still beyond called for quick removal of the ads denis ta iar Pog yas WASHINGTON © (CP)--Pres only a matter of time before the| Pile continued to shrink. Higher|it but not by much, Id cover to end any remaining ipe Herrera of the Ii U.S. government must cut the/interest rates plus weakened] [ast week's switch of $475,- brea and uncertainty about oe 40 elgg It was Geet Ean. Developme last remaining domestic link be-|Confidence in the U.S. dollar/999,000 in gold to a special fundfy.s, policy. Ne pad gaa heheh athe Bank is in Ottawa for a "broz tween gold and the American abroad are two potential re-|to cover, in part, the U.S. share; One reason for nen a review" of Canadian aid | Latin America. dollar. The final snip could|sults. of gold sold on the London mar-|drop in the gold pile since 1949 Canada's commitment now t Examine a U.S. dollar bill|,et following the 14.3-per-cent|is that Americans spent more DRINKS TIMED come next year. closely and you'll see the words| devaluation of the British pound! money overseas than foreigners SOUTHEND, England (CP) -- ; an gtd aay igg Mage teh Federal Reserve Note above/pyt more pressure on the gold/spent here. This net drain is|Customers at an Essex pub tals eee et it be |Business will go on as eit George Washington's portrait. | cover, continuing. Dollars er by pd a pat ¥ a and an peel oes nae A : |U.S. dol i ill sti , dol- lother governments in this wayjalarm clock. Parking meters r 000, U.S. dollar bills will still be dol-/ GOLD MUST BACK IT The $475,000,000 was taken/ot : d at $35|w aco lnktatied ¢ fually. Herrera, last in Ottav \can be cashed in for gold at $35|were recently installed in the fee contiread wilh cable | | ' lar bills to be spent for grocer-| This type of bill is the only |from supplies available to back cat di th : | tei > lation r money. an ounce. streets surrounding the Grad ( ak a clicr seeping tia aga "Federal, fiaserve PRetore the switch, - at vege tpn igs hare # bed ee es te tae drink. -- eect Beare Internationally, the cut will|Bank and each dollar must be| able gold stock equalled 29.9 perjsuch thin s pi 4 ce 3 free more than $10,000,000,000 in| backed under law by 25 cents in| cent of all federal reserve notes and ey 8 -- geo bagartoc | ocig ae rad 0d - Now ni. the so-nation 0 ATR ile: gold to defend the dollar|gold--the 25-per-cent gold cover.Jin circulation--more than $40,-jer $150,000, whe. pul ak a Supplies anteation of American Stat - --_ . se ies a "i oe abroad When the United States had|000,000,000. After the switch the/ growth of paper money -- -- with a clock to remind & Saat ai ihe: hemispheres § i. id PU Rieti , # : + | Worse consequences would!plenty of gold this gold cover'ratio was 28.5 per cent. _ a lanother $50,000,000 year fia eS lec tese roe dependent nations except Ca 'stmass GALE': SIE re of VALVE m RyDAV NEEDS at SAVINGS TOO CLOSE FOR COMFORT a. from LANDER to her... EVE DRUG STORES This motorist appears to Toronto's International air- aircraft. Many motorists too close for comfort as they 1 BATH OIL (#8257) be sharing the road near port with an executive jet find jets whizzing off the cross the highway. ie 12 ox. Decorator Bottle airport runway just a little (CP Wirephoto) 1 BEFORE THE MAGISTRATE Icy Roads Peeping Tom Bound Over | Mive Holiday | Thousands of ' rural school children may miss classes for the second day today in the To Keep Peace, See Doctor iter sein, & Trespass at night was the un-|Ave., when he pleaded guilty|is imperative that the fines date po sl gg ome OO usual charge to which Leo C.jto a charge of drunk driving.|court imposes reflect the con-| melted ice and snow in southern M. Stapelbroek pleaded guilty,|Bolton, 26, and a father of three, | ern of the public, police of-|regions Monday and freezing when he appeared in Oshawa|was charged after a Dec. 1 ac-} deed rains were forecast for today in magistrate's court Monday. {cident in which his car ended|ficers, and the bench." Thom) nT tern part of the prov- Stapelbroek, 23, of 285 Mon-jUP in a ditch. He had refusedjas Barclay, 46, of 580 Digby)ince. trave Ave., admitted looking injto take any of the standardjAve., also pleaded guilty to a) Monday, secondary roads in the bedroom window of a ground|tests at the time of his arrest.|charge of impaired driving and) any areas were "impassible, floor apartment occupied by &|msparRED was fined $200 and costs or 20), ;ticularly in the St. Lawrence Per oo 1.49 Gibb Street couple. Gordon Fudes adinitted ine River and Muskoka regions. Magistrate Donald Dodds|court that he had driven two INTOXICATION Rural 'school buses were out warned Stapelbroek that helor three blocks with his lights) A number of cases of publicjf action in four townships, in Q would consider a jail term iffoff and mounted a curb oncelintoxication came before thejthe Smith's Falls and Brockville : is? ' ' Pee, WESTINGHOUSE he came before him on suchlwhile trying to avoid being|court. Paying fines of $25 andjareas, and the forecast calls for ' ' : : ig Vertical AM a charge again. He placed him) caught by a city police cruiser.|costs or five days were: Fidel] more freezing rain overnight or| R ; i & . os on a six month suspended sen-|Fudge pleaded guilty in court/Basque, 23, of 66 First Ave.,|today. | Ee) ADY : CLOCK-RADIO Is, 36, of RR 4, Osh-|_ In Brockville, 300 of 900 stu- of|dents at Thousand Islands Sec- londary School were absent and jin Brockville, 140 secondary tence with a $500 bond to keep|to impaired driving and was|Kenneth Mil the peace and ordered him tolfined $250 and costs or 20 days.jawa, Mike Wildowicz, 40, visit his family doctor once each|Fudge, 25, resides at 83 Park|Hamilton and Rudolph Fiala, month for the six months, |Ré. S. \44, of 498 Wilson Rd. S. col kudent alaa't: a up e is " : school student didn't show a particularly distressing type|#%0 FINE lusper AGE for classes. of offence where families are A fine of $200 and costs or| Antony Brodofske, 16, of 469| At South Grenville District) involved. You aren't permitted 20 days was imposed on Har-|Trick Ave., pleaded guilty to ajHigh School in Prescott, more) ' lit B, Thompson, 60, of 77 Buck-/charge of minor consumption of/than half of the 1,100 students Basket - " ; icker weave. sentence my pee la inti ingham Ave., when he plead- alcohol and was fined $50 and/were away and none of the dis- ne interior, : ed guilty to a charge of im-|costs or 10 days. The same finejtrict's school buses was able to RCMP RAIDS |paired driving. A breathalizer|of $50 and costs or 10 days/get through the clogged roads. The bootleg business took ajreading indicated that Thomp-|was levied against Harris John tirn for the worse when two|son had eight to nine ounces|DeWolfe, 19, of 167 Bloor St.|TEACHERS ABSENT Oshawa men appeared in courtjof spirits in his system at the|/E., when he pleaded guilty to In Spencerville, 15 miles to and pleaded guilty to charges|time of the test. jthe charge of minor consump-|the northwest, only three of the under the Excise Act. Magistrate Dodds comment-|tion of alcohol. oo showed up at "On Nov. 17 RCMP officers/ed with respect to the fine, "it nee scnoel. ; ere iee Wareeeee or et See RINE There were scores of minor raided the home of Milan Sub- A dine of GGA and eoate He 46 otich and discovered a stil usedl nea NIGHT'S FIGHTS|davs was levied agsinst Garylottawa. alone, and airports Subotich admitted ownership of|By THE ASSOCIATED PRESS|HAllowell, 459 Woodcrest Ave.,,North Bay and Sudbury were the still and said he made it! Philadelphia--Gypsy Joe TEE ase ag ries panied . Se Oe aich was fined $100 wetln <a eae ts th Place other than a residence. | curious double echo every time coats or three months, the min-|juan, FR. 10 apeu reine ge trains sound their horns. The| Ji 1 D rt Fi imum sentence under the pro-| New Orieans--Jerry Pelle-| PARROTING EACH OTHER [noise is caused by two parrots . 1 | Vese ower visions of the act. The still was} ..i,; %, F _| DUDLEY, England (CP) --jin a nearby zoo replying when | WF | srini, 1484, Arabi, La., outpoint-|c1+ at a Worcestershire freight|they hear the horn--they think| sa Gitt Set #1882 ~ confiscated by the RCMP. | iV x, | On Nov. 17 the RCMP pe ce somge te aga sane yard solved the mystery of thelit is a mating call. 4 ex. Body Tolcum, Poe Ee -- a rede pon Paricdtarcel Cerdan ir ee 4 ex, Hand and Body Lotion ilson s rs w x sna discovered seven bottles 'on th-| 14814. France, outpointed Sugg. list 275 2.49 Ucit epirits, Subotic pleaded Tommy Garrison, 147%, New| --y guilty to the charge of posses |York, 10. } ; Gilt Set #1734 sion of spirits unlawfully man-! Tokyo---Yuzo Narumi, 112%, j 2a Spray Cologne. ufactured and was fined $100| Japan, ty t Ae nted oy Ma , Ye dram Perfume and costs or three months. The|8ramo, 113, ilippines, t ! } iNielt liquor was confiscated. Sydney, Australia--Leionel L ' pooh a Z 49 A third person~involved as|Rose, 117%, Australia, knocked | \ e a result of the raid had his/0Ut Rocky Gattellari, 124, Aus-| & e ' was the sentence imposed on!Juan Montoya, 127, Los Angeles,| Mervin B. Bolton, 88 Sunsetl5. ' t| - . O f h c They're both famous, and becoming more so F all the time. Schenley Silver Wedding Dry Gin --- crisp, cool and wonder- . UU . ' fully dry. And Schenley Golden on } a Wedding --~8 successful marriage i 1 " Y Wy! = ; rs of our finest whiskies. Invite this : %, Sy ® ; i : couple to your next party. 3 =" y ' p ONE- A-D AY Multiple Vitamia Tablets case remanded, tralia, 13 (Rose retained Aus-| tralian bantamweight title). 19 DAYS | Stockton, Callf.--Jose Moreno. | Ten days In the county jail\128, San Jose, Calif., stopped| COLD CAPSULES Wee 9% CONTAC LOZENGES Ua Begs 7% * wan 2.89 "The Chocolated Laxative' > i. One-A-Day Phos iron was" 3.77 3 pt: matty W ||| EASTVIEW PHARMACY: = KARN'S ${ McCORDICK'S LANE'S EASTVIEW PHI ee Tm ee | nly ' 573 KING ST. E. 28 KING ST. E. ¥ 360 WILSON RD. S. : 302 STEVENSON RD. NORTH 573 KING ST MYSTERIOUS JOURNEY OF SALMON 725-3594 723-4621 725-8711 : 723--1131 and 2 x 725-3594 st ae Hiss Tey WE. latianlanes doer tened eee $ lamette Falls in the Willa- ps and then die. Some LAW $ . JAMIESON'S MITCHELL ') : North Simcoe Pharmacy LAW'S a oe Meant So Mew ay Mle ty ce 1204 WECKER DRIVE 241 KING ST. E. 9 SIMCOE ST..N. £907 SIMCOE ST. NORTH 1204 WECKER | opis eee. oe 725-3525 725-1169 723-3431 : 723-3418 725.3525 from the ocean each year. (AP Wirephoto) - 3 -- ' i 4 4 A