thursday september 21 1972 the tribune page 3 premiers new policy leaves major loophole by donald m deacon mpp yorkcentre yorkcentre on thursday ontario premier william davis announced a strict code of rules governing the finan- cisl holdings of his cabinet ministers rules which he said would be the toughest in the world mr davis may think these rules are tough but in fact he has merely attempted to alleviate the symp toms and not cure the disease the major concern of mr davis proposals is with land speculation and land deals and he proposes to require all ontario cabinet ministers to disclose publicly the land holdings of themselves and their families and to prohibit them from purchasing land or interest in a land development com pany but he has left a rgajor loophole the government and public agencies supported by the province should disclose from whom land is purchased or leased including the principal share holders of corporations which may be involved and the cost and date of purchase by the vendor they should also disclose similar information about any transfers of the af fected lands for the previous four years such disclosure would effectively inhibit the use of prior in formation by insiders in order to make a profit from the public purse such a principle of disclosure is similar to that which i in troduced on may 1 1972 in the form of a private members bill no km relating to insider trading in securities the government failed to act upon that initiative and it has now failed to initiate action which will inhibit privileged friends from planting both feet firmly in the public trough in fact the government has side stepped the main issue completely as long as land speculation continues to be rampant in ontario no conflict of interest legislation can be sufficiently effective in removing the conflict of interest problem the fact that you cant lose if you buy land has led and is leading to many abuses in the area of land development and speculation legislation in land deals would be much more meaningful if it were accompanied by a government program to ensure that there is an over supply of serviced land available for new housing development without such government action the wild spiral of prices and speculation in land will continue and the temptation to use privy information in order to make a quick buck will also be present rather than punishing the sinners mr davis would be better to remove the temptation to sin only in this way can the proposed conflict of interest rules become meaningful editors mail postal privileges abused ask for this booklet from our representative mr tv mcdonnell of the rontonorth branch who will be at markwood motel highway 7 markham ontario on thurs september 21st 1972 if you require a term loan to start modernize orexpand your business we invite you to discuss your needs with our representative wm industrial development bank term financing for canadian businesses motel 2941431 office 6380823 its called this is our new way of turning your personal loan wishes into reality its the money youre earning that counts most with us not your possessions heres why youre probably basing many of your major expenditures on a cashflow system right now for example you figure how much money youll have coming in over a period of a year and how much you plan to spend during the same period this difference between income and expenditure is your guide y to the amount you may comfortably borrow a f nv thats what our cashflow way of ni lending you money is all about simpleenough isnt it stop in and ask us about a personal loan the new cashflow way follow the canadaussr hockey series on tv sponsored in pan py toromtodominion bn ccc m t affr to the editor the last correspondence free postage i received from john roberts was not a news letter by any stretch of the imagination unless it was to reveal our mps name it could more ac curately be described as historical and very limited in con tent it contained a thankyou that an election took place four years ago that he was our mp and had taken roots in the riding the latter statement could change after oct 30 in my opinion the free mailing privilege has been abused by mr roberts he should be required to cover this expense out of current campaign funds free mailing is intended to keep constituents abreast of news and only as such is there merit in extending this favor any further robert s lewis rr2 stouffville tit morgan hall computi art ring faciuncs ur to 215 momi wuhu 2941040 maikham uomm cfntu 1st stouffville scouts wed sept 27 73b pm at the united church church st theld bank has a new way to lend you money ride em cowboy al the thrills and spills of a wild west rodeo were featured on the grounds of norai acres vandorf road last weekend one of the many features was the calfroping contest with joe burd rr3 stouffville attempting to cut off the escape of this fleetfooted critter he did and in nearrecord time jim thomas wannabuysomefurniture sjee macleans furniture highway 48 3 mi north of ringwood telephone 6403403 wine and cheese party yorksimcoe the progressive conservative asso ciation york simcoe is holding a wine and cheese party for whitchurch stouffville residents thursday sept 21 at 8 pm the location is the ambassador lodge preston lake to reach the site turn east off the don mills road one mile south of vandorf riding candidate sinclair stevens will attend watch argo home games toronto on cable tv sat sept 30 call now zenith 81000im watch edmonton richmond hill cable tv if telecast by the cbc network channel 12 football is not blacked out in stouffville but are you wfre open saturdays service parts open saturday am isle motors m emerau introductory sale 1973 chryslers plymouths satelites dusters and trucks at last years prices so why buy a 72 model see them today where you can buy a quality used car with confidence and a guarantee if 1 f main st w stouffville 640-240kjtr- motors limited emerflld riii trucks chrysler uxbridge 8523092 were open saturdays the time to check your car tuning up tightening up should be on your schedule right now come winter the going will be smooth make a appointment today ask for service mgr earl elson