Timmins Newspaper Index

Porcupine Advance, 14 Sep 1939, 1, p. 3

The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

"Aithorha'l‘mmrertol’ay'l‘ N. O. $725 for Tickets for h Recruited Here for Royal Englneen and Taken nto. Arrange to Have Refund from Departâ€" mt of Defence. Hillâ€"Clarkâ€"Francis Denies Blame. flf Ck uncxl to Pay Tlckets â€"â€"COf :A model ‘byâ€"law : fo â€" milk sales in Timmi ~from the Départment atfonm ‘taken on | g but 1t doubtle *~‘Ber for discussion and specifications for this building ~ Can for one year‘s maintainance after nds mletm,_ and we would draw to your w ‘fttention that this period has long exâ€" * The Town : Engineer said that the cmcklpg of plaster was not due to conâ€" treaburer to pay the T. N. O. Railway the sum of $147.16 for fares for filtyâ€" one men taken from her as recruits for the Royal Canadian Engincers. ‘The treasurer was instructed to arrange for refund of that amount from the Deâ€" partment of National Defence. The Polish White Eagle Society wrot* to ask premission to solicit financial alid from the citizens of Timmins for the Polish Red Cross Committee reâ€" cently formed here. It would use the money to assist in Red Cross work in ‘The Timmins branch of the Canaâ€" dian Legion was granted the sum of $420.98, the amount of its taxes for this year on the Porcupine Veterans‘ Hall. The grant is usual. ‘There was some banter about the naming of laries. Scme members of the Council suggested that because of the fact that most of the streets in town were named after trees, the lanes should bear the names of birds,. That of course brought up the name "Wren." around the name and suggestion. Hillâ€"Clarkâ€"Francis Company was reâ€" cently written by the Council. The Town pointed out that the plaster in the clinic was cracking and breaking. In a reply which was read last night and which caysed some heated criticism‘ of the construction firm, Hillâ€"Clarkâ€" Francis said that the cracking of the plaster was due to design for which the It was su:gested that one lane be named after the Press editor and severâ€" al rather lame puns were Ccracked At a recent meetinz of Council, Wenâ€" dell Brewer asked permission of Counâ€" cil to take scrap iron from the town dmnp and to pay the town 50 cents a ton for it. ‘He offered to do all the work in connection with the salvaging himself. ; , After consideration by a Council committee the request was refused at last night‘s. meeting. Long awaited by the Council a copy ef a model byâ€"lawâ€"for the: control of milk sales in was received from the Department of Health. â€" No gction ‘Wwas taken on it ~at last night‘s meeting but it doubtless will be a matâ€" ter for discussion and comparison with the present byâ€"law in the near future. Objection was made in recent issues of The Advance to the methods adoptâ€" ed in recruiting for the Active Force of Canada. Not only is the plan used unfair to local regiments and their officers, but it is also expensive and ineffecient. A large number of comâ€" plaints in the matter were forwarded to Toronto and Ottawa, especially of Recruiting Likely Now Outside Recruiting Parties Recalled. BANE OF MONTREAL | HOME MORE CGMPOBTABLE "But where did you get all the money from for such marvellous improvements?" "Why, John got a Home Improvement Loan at the Bank of Montreal. He was surprised how simple it all was, and how low the rates are. And we‘re paying it back in quité small monthly instalments." Home Improvement Loans . . . obtainable at $3.25 per $100 repayable in twelve monthly instalments. Ask for our folder. from the North, and the services of Mr. Jos. A. Bradette, M.P., Mr. Waliter P.P., Reeve Carter of Kirkland Lake, Mr. Dean Kester, K.C., and others seâ€" press the matter to the attenâ€" , the authorities. Apparenly, these protests have had effect. This week the local militia officers received a telegram from Col. J. B. Stewart, of Toronto, O.C., of the Algonquin Regiâ€" ment, saying that all recruiting parties had been recalled by headquarters. A number of Toronto regiments had been calling for men from the North, thus depleting the ranks of the local miliâ€" tia units without allowing any place for cfficers, Evidently the injustice and inadvisability of this is now recogâ€" nized. The withdraewal of the reâ€" cruiting parties is taken to suggest that this is a preliminary to placing reczruiting whereit ou ht to be â€" in the hands of the local militia officers. A statement in the House at Ottawa by Defence Minister Ian Mackenzie seems to support this viewpoint.. Hon. Mr. Mackenzie said that it was felt that the best possible results for the mobilization of the nonâ€"permanent acâ€" tive militia can only be obtained by working through the various military district organizations. Many Visitors at Meeting of Legion at ITroquois Falls President Wal‘ter Greaves, of Timâ€" mins, gave some particulars of Imâ€" perial matters. These were of much interest to a very large number present, and his references were warmly reâ€" ceived. â€" Presidents from the Matheson, South Porcupine, Cochrane and Kapuskasing branches of the Legion also spoke a few words to the members assembled. A very enthusiastic meeting of the members of the Iroquois Falls branch of the Canadian Legion was held in the Curling Rink, Iroquois Falls, on Monâ€" cay night. |The meeting welcomed the dele:ates from all other branches in this section of the North. Zzone Commander Austin Neame adâ€" dressed the meeting and touched upon the recent Provincial Convention. He gave a very brief but concise report of the ~entire proceedings. Comrade W. A. Devine, of Timmins branch, reviewed the work in connecâ€" tion with Poppy Day and gave in deâ€" tail information upon the Service Buâ€" reau. A word picture of the Drumâ€" head Service and convention opening was a pleasing item of his short adâ€" After the meeting a pleasant social hour was held and a happy time enâ€" joyed. Local mining companies and others employing aeroplanes in their business have received notice from the governâ€" ment that no planes can now be operâ€" ated in Canada without special permit. There are certain areas that are forâ€" ibidden altogether for the use of planes, and no one may operate a plane anyâ€" where in Canada without permit. Visitors present included ten from Kapuskasing, five from Cochrane, five from Timmins, four from Matheson and two from South Porcupine. No Private Planes to be Operated Without Permit Ottawa, Sept. 13â€"Canada is demandâ€" ing of its business interests that they make their just contrituticn to the wiar chest of the Dominton and at the samme protectinm: the Government andi the pecple against wide profit margins by manulacturers, wholesaler or retailer. ©Corporation tax changes included in the Wartime Budget brouzsht down in the of Commons yeâ€"terday has this twofold purpose behind its stipulations. It provides: 1. A general increase of 3% in ‘the tax on all corporations which on the bas‘s of last year‘s returns will produse an revenue of approximalely $3â€" 500,000. On the incomes of individvail corpora‘ions, or businestes the tax is raiserdt from 15% to 18% and on conâ€" solidated returns from 17% to 20%. 3. A tax on all profits in ercess of 5% of involved on a sliding scale which rises from 10% to 60%. 3. An alternative tax of 50% of all profits in exsess of average earnings over the past four years to be taken at the cpticn of the individual firm. This alternative clause establishes a new principle of taxation for Canada. and, so far as it is known, for the world. It means that unless wartime Eusiness expands profits of any comâ€" pany by more than 5 per cent above the averaze preâ€"war earnings it will not be taxed on excess profits. This option has been given to protect companies who may not in any way profit by the general expansion of business during the war. Corporation war taxes become payâ€" able on the returns for the fiscal year of any company which ends on or after March 31 next. If a company‘s fiscal year ends in February it will not beâ€" come liable for the extra tax until 1941. If the year ends in April the tax is payable on the year 1939â€"1940. At first glance this may appear ‘to discriminate against some companies but it is pointâ€" ed out ‘that if and when the tax is reâ€" moved it will even up the scale. Some of the Provisions of the New War Budget. All corporation profits under 5 per cent of the capital involved are exempt from the excess profits tax. The excess profits tax does not beâ€" come applicable until the regular corâ€" porations tax has been deducted from the corporation income. If a company has an income of $100,000 it is liable, so far as excess profits tax is concerned, only for an income of $82,000. Where capital stock is issued for a consideration other than cash, disâ€" putes â€"may quite conceivg,p_ly_arise. In such cases, C. Fraser Elliott, Income Tax Commissioner, will be charged with the duty of deciding the issue. w oo EPm 2 Ece SE oW The excess profi'ts tax is double® barrelled legislation. |It is designed perâ€" haps primarily to curb excess profits due to wartime expenditures. It is exâ€" pected that businesses ‘to avoid this extra levy, will cut profit margins to a finer line as well as paying fair wages and putting more into the quality of Broadly the basis used in calculating capital for the excess profits tax will be the actual paidâ€"up capital or "real capital" used in the particular business. This basis is similar ‘to that used for calculation of the old Business Profits War Tax Act. On profits over 5 per cent and under 10 per cent there will be a tax of 10 per cent. Where the profit is over 10 per cent and under 15 per cent ‘that portion over 10 per cent will be liable to a tax of 20 per cent, in addition to the 10 per cent tax on that portion under the 10 per cent limit. Where profits are over 15 per cent of capital involved and under 20 per cent the amount over and above the 10 per cent is taxed at a rate of 30 the product. Sucth excess profits, howâ€" ever, are likely to accrue even with such marginâ€"cutting and the Government intends to confiscate a large portion of such earnings for the public treasury. A new company starting up business with a Government munitions contract has, of course, no option in the form of taxation, and if the experience of the last war were to be repeated might have reaped profits of 50 and 60 per Where profits are over 20 per cent and under 25 per cent there is an adâ€" ditional tax on that portion at the rate of 40 per cent. +Expect Big Increase While it is thought that with war contracts and general wartime exâ€" pansion of business the Government can expect a large increase in revenue from this source, Hon. J. L. Iisley in his Buiget speech omitted any estimate of what that revenue woud be. The reason is obvious. South Porcupine, Ont. BLOOR AVENUE. Rev. James A. Lyttle, Minister SUNDAY, SEPT. 17, 1939 11.00 a.m. Morning Worship and Junior Congregation. 7.00 pm.â€"â€"Evening Worship Special Preacher at Both Services, Rev. Graydon O. Cox, B.A., of Matheson. Appropriate Music and Decorations 11.00 a.m.â€"Dome Sunday School. 2.30 pm.â€"Rally Day, South m‘ pine Sunday School. Everyoilie is Most Heartily Welcome Ne 0 CC WE Es B n per cent in addltion to the foregoing rates on the balance. cent of the capital put into the enterâ€" prise. Canada‘s Wartime Budget has placed a double check on the limitaâ€" tion of profits already provided in such contracts under the Defense Purchasâ€" ing Board Act of last session. e On all profits over 25 per cent of the capital involved the tax is 60 per United Church by Timmins High School Students Scholarships Won Each year the Robert Simpson Comâ€" pany give a Scholarship of $100.00 to on the T. N. O. Railway and Sudâ€" the best student from each High School bury, provided the said student attends the University of Toronto and proâ€" vided two or more in the school compete for the Scholarship. To the student coming highest in all the schools conâ€" cerned an additional $50 is given. The followinz are the winners of these Scholarships for the year 1939;:â€" Troquois Fallsâ€"Violet Manion. Sudburyâ€"Mary Matwichuk. Schumacherâ€"Albert Keates. Kirkland Lakeâ€"Henry Koury. ‘Timminsâ€"Meyer Bucovetsky. The winner of the extra $50 for rankâ€" ing first is Meyer Bucovetsky of Timâ€" mins. He obtained nine. firstâ€"class honours. Notable ‘Record ~Made b; School in Recent Years. This Scholarship has been in existâ€" ence for the past fourteen years and during the first seven years North Bay secured the extra $50 five, times and Sudbury twice. During the past seven 1933â€"Harriet Harkness. 1935â€"Louis Guolla. 1937â€"â€"James Clarke. 1938â€"Ross Service. 1939â€"Meyer Bucovetsky. Timmins has won this honour for the past three years in succession. This has been possible only by splendid work and coâ€"operation on the part of both the student concernedand their teachâ€" ers and it has not been due.only to the teachers they had in their final year but to the teachers they have had throughout their entire course. Meyer Bucovetsky has won the Reuâ€" ben Wells Leonard Scholarship of the value of $900. There were six of these scholarships open to the entire proâ€" vince, four of them being won by Torâ€" onto schools and ‘the fifth one by Runnymede Collegiate, in a suburb of. Toronto, with Meyer Bucovetsky winâ€" ning the other one. ‘This means Meyer has won $1050 and has also won the Halperin Medal both in 1988 and 1939 for coming highest in this school. Sudbury police are very naturally piuzzled over an odd coincidence in that city on Sunday night. A gentleman questioned one of the constables on street in regard to a case where a woman was supposed to have attemptâ€" ed suicide by taking iodine. The conâ€" stable knew nothing of such a case and enquiry at the police station reâ€" vealed the fact that no such case had been reported.: The following night, however, the police had a call at about the same hour as the constable had been questioned the previous night. They found a woman lying on the bed with the bedclothes and her clothing stained with iodine, while there were also traces of iodine arqund the woâ€" man‘s mouth. The woman told police that she had taken iodine because she was tired of living,. She was taken to the hospital and it is not expected that her condition will prove serious, Hnâ€" quiry by the police shows that the two cases were completely unrelated. It was simply a case of the gentleman concerned hearing a false report of a woman somewhere in Sudbury drinking iodine, ‘and then another woman in Sudbury actually taking a quantity of liodine. ‘The police are always inclinâ€" ed to disbelieve in coincidence. But apart from coincidence, the only way the gentleman could be expected to know of an attempted suicide before itactually occurs is by means of some years Timmins has secured the extra $50 five times, North once and Sudbury once.. The Timmins winners have poyer Andtheponoedon’theficwm that either. Sudbury Police Puzzled Over Odd Coincidence Once the superior officer of King George VI when he served in the RA.F., as fiight commander, Brigaâ€" dier A.,C. Critchley, noted Calgary sportsman, has béen named comâ€" modore of the Royal Air Force. | _ Thke war budget brought dewn in the !House of Commons at Oitawa on Tuesâ€" ‘day may be summarized as follows:â€" | 1. Excess Profit Tax: On profits in excess of 5 per cent but not exceed.ng 10 per cent of capitalâ€" 10 per cent; on pisfiits in excess of 10 per cent but not excseding 15 per cent <f capitalâ€"20 per cent; cn prcfits in extess of 15 per cent but not excee:dinz 20 per cent of capitalâ€"30 per cent; on prcoiits in excess Oof 20 per cent but not exceeding 25 per cent of capitalâ€" 40 per cent; on profits in excess of 25 _per cent of capitalâ€"60 per cent. Summary of Tax Changes in the War Budget at Ottawa under the Revenue are effesâ€" except in the case rclse and customs duties on spirits including brandy which are to be effective as of Septemâ€" New legislaton imposes a tax on excess profits of all businesses whether incorpsrated cr not. Business firms may elect to be taxed under either one <r twoa pians. Urder the first a‘ternaâ€" tive, profits in excess of 5 per cent of fap al are to be taxed at graduated ra‘es as follows: Under the stécond option, the taxâ€" payer would pay tax at the rate of 50 per cent on all profits in excess cf his average profits for the last four years. Taxes levied under this new measure are in addition to taxes payable under the Income War Tax Act. In calculating profits, however, income tax will be allowed as a deductible expense; that is, the excess profits tax applies to proâ€" fits after income tax has been paid. This tax is applicable to profits of the year 1940 and fiscal periods therein ending after March 31. (b) |Corporation income tax rate inâ€" creased from 15 per cent to 18 per cent and in the case of consolidated returns from 17 per cent to 20 per cent. 2. Income tax applying to individuals is increased throuzh provision for a war surtax of 20 per cent of the total tax ctherwise payable. (c) Voluntary donations to approved patriotic organizations will be allowed as a deduction from income for income tax punposes up to 50 per cent of the net taxable income of the taxpayer. Changes in income tax relating to inâ€" dividuals are applicable to the income of 1939, and fiscal periods ending thereâ€" in, while the increase in the corporaticon income tax applies to the income earnâ€" ed in 1940 and to fiscal periods therein ending after March 31. 3. Excise Act : (A) Rate of duty on domestic spirits is increased from $4 to $7 per proof gallon, and on imported spirits from $5 to $8 per proof gallon. (B) The following items are removed from the schedule of exemptions from sales tax: Salted or smoked meats; canned fish; electricity and gas used for domestic (C) Winesâ€"The rate of tax on all wines except sparkling wines is inâ€" creased from 7% cents to 15:cents per gallon, and on champagnes and sparkâ€" ling ‘wines the present rate of 75 cents is increased to $1.50 per gallon. Equal increases are being made in the rates applying to wines imported. : (D) Soft drinksâ€"A new excise tax is levied on carbonic acid gas and simiâ€" lar preparations used for aerating nonâ€" alcoholic beverages at the rate of 2 cents per pound. Malt syrup for brewing beerâ€"Rate increased from 10 cents to 15 cents per pound with corresponding increase in import rate. (D) Cizarets â€" Domestic rate inâ€" creased $4â€"per 1,000 to $5 per 1,000, with $1 added to the rate on imports. (B) Canadian brandy: â€" Rate inâ€" creased from $3 to $6 per proof gallon with a corresponding $3 increase on all brandy imported. (C) Beerâ€"Tax on malt increased from six cents to 10 cents per pound. Beer brewed from substances other than maltâ€"Rate increased from â€" 22 cents to 30 cents per gallon. (E) Manufactured tobaccoâ€"Domestic rate increased from 20 cents to 25 cents per pound with five cents per pound All beer importedâ€"Rates increased by nine cents per gallon. 4. Special War Revenue Act: (A) Salesâ€" taxâ€"No change made in Demonstrating the Latest in Attractive Makeâ€"up Miss Chelsea Fellows, representative of Helen Rubinstein cosmetics, is at Sutherland‘s Drug Store this week, to demonstrate the newest in attractive makeâ€"up for the fall and winter seaâ€" son. Miss Fellows extends an invitation to all women of the district to visit her at the store, and to receive treatâ€" ment and advice, which will make cach of her visitors a much more attractive personality, and add to beauty which Nature has z2iven to every woman. Helen Rubinstein has composed makeâ€"up in the new clear reds which have taken the place of the fuchsiaâ€" red of the past year. She expresses the thought that lipstick has a strange magic, that a tired face takes on subtle freshnes when just the right shade of bright clear color accents the lips. that even a neglected skin takes on new clarity, tiny lines seem to recede, tiny blemishes to disappear, when lipâ€" stick is cleverly chosen. "Clothes that were unbecoming," says Helen Rubinâ€" stein, "gorgeous new colors you love but hesitate to wear, become effective foils or complements to your personalâ€" ity when lipstick and makeâ€"up tonality are right." She has named herâ€"new fall lipstick, already wellâ€"known . among smart women, ‘"Sporting Pink," and éhe has created a nail groom which carries the same name. The staffs of the Timmins Theatres, The Palce, the Goldifields and the New Empire, have been advised by Hanson Theatres Corporation that the company will continue to pay the group insurâ€" ance. on any employee who is given leave of absence to join the militia, The letter to managers of all theatres in which the Hanson Corporation is interested, reads as follows: "Mr. Hanâ€" son has advised today that for the present, until a definite policy has been decided upon, the company will pay the entire group insurance premiums for any employee given leave of absence to join the militia," To Continue North Bay <~Nugget:â€"The Windsor | serious. Star suggests "How simple everything would beâ€"if it weren‘t for the future." Try The Advance Want Advertisements, Insurance on Enlisted Staff F. N. WHALEY A. NICOLS 8 Reed Block 10 Marshall W. M. ADAM. 10 Marshall Block Representatives A. NICOLSON 10 Marshall Blk | | Toâ€"day‘s Stocks AldermAat 22 Ashley 2. se cly iess is Base Metals ............. Beattie ... ... fls is . Bidgood Bralorne ... Brcoulan Porcupine ... Buflalo Ankerite ... Canadian Malartic Castle Trethewey ... Central Patricia Central Porcupine . CONAAS ... CondiAUTUM ... Dome. ... e International Nickel Kerr Addison ... Kirkland Lake ... .:; c Lake Shore ... Little Long Lac ... McLeod Cockshutt . McIntyre McKenzie Red Lake McWatters ............ Mining Corporation Monet@ NAybDObD ...z Nipissing ... O‘Brien ............ ind Paymaster â€".......... Pickle Crow ... Preston East Dome Premier â€".......... San Antonio ... Sherritt Gordon ... St.. Anthony ... Sullivan Con. ... S1SCOG .. ... s Sylvanite ... Teck Hughes ... Waite Amulet .../.... Wright Hargreaves Two Chimney Fire Calls This Week for Firemen There were only two fire calls this week, both of them yesterday and both for chimney and pipe fires. The first was at 10.20 a.m. at 70 Tamarack street and the second at 115 Pine street north, at 140 serious. Neither call was at all .75 1.38 26.00 49.00 _ 114 135 1.95 1.02 2.14 415 2.35 6.10 7.39 1.51

Powered by / Alimenté par VITA Toolkit
Privacy Policy