HomeMy WebLinkAboutThe Lucknow Sentinel, 1963-09-16, Page 11'W,EIDN DAY#, S" (FRT, 18,. 1083
1.1.101C141,,OW SENTn;114. 'LUcKNOW ONTARIO
PAGE ELEVEN
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TIMOTHY and:. CLOVER SEED s
WE ARE. BUYERS of new crop••
•` sad Clover Seed.For Timothy. •
• h-nf ormat on • on handl.
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ling and markets. contact: •• • . ` • ••
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L.UCKIIOW DISTRICT (O -OP
Lucknow • Phone 528.:2,1.25.
NEWS BRIEFS
The Bruce Brisk •and Tile
Company's new $259,000 ,`plant
was. offuc al: y opened • last ',week
It ,is :located, • on 'Con. . 14, ;Cul-
ross, ,rutile West of Highway
•4. 'There 'are ' three 'Mini for
• burning 'brick and. ,tale ,and these.
can Ibe • doublet .i;f 're'quired.• This
brick and Itiie• yard was operated'
• for many 'years',iby the late Thos.
Donaldson;, and "later • by Leonard
and 'MilfordBannerman To that:
point , it was known as 1VIoscow
Buick &, Tile, deriving.its .nanne
from .. a :settlement tthere dating
back ' to pioneer. days. A, few'
years ago it vias sold 'tb Bruce
Max'wel1, Who changed the name
to Bruce • Brick . & Tile. Some
two 'years ago 'Mr. 1Vlaxwell' dis-
posed, of the 'li'oldpings to.. the
present 'company, which i'mmted-
iately. • (launched • an; . extensive•
program of expansion to 'the
Plant .and production tfacilitieS.
Combine your home -h
wit
rown grthrls
EGBILDER oriUM60'40 Concentrate-
the
oncem+be
the fresh Mix with the Meat meal base, •
Loolkin' for lively layers? Then feed 'em your own home
grown'grains fresh -mixed with National Egbilder Conten-
trate! Take your choice of the Jumbo Mix 40% concentrate.
or. National's 35%Egbilder- ;they're both rich in meat
meal proieins, to balance You 'own vegetable nutrients !
Whether.:: ou.hav your own grains• or we supply
'
we custom -can 'ble d, the finest fresh -Mix yeti: can buy
right here at the mill . •. •. using. National Concentrate,
of •course.
*A PRODUCT OF'
CANADIAN •INDUSTRIES, LIMITED er,
D. R. FINLAYSON
iUtKrvoW
Taxation` Views Of.
Former Resident
The following article by G. V.
Towle of Vancouver, . was pre-
sented to the .Royal Commission
on ,taxation and a Covering let-
ter . sent to members of 'Parlia-
ment: . • •
Mr, Towle, a son . of the (late
Mr.and Mrs. Albert Towle, of
Paramount is. .• a tformer resident
of • this comnnutnty.,
His. brief 'was as fdllows,
Geri !lemen;
+.I eannot'see now we can !div-
orce the taxation system from 'our
Monetary system, as money st
come into existence before xes
'can ` be co11eoted. •
Money comet into, existence
only by ,the bank (borrower 'and
th"e borrows as little as possible
.Also; he .is creating a debt ,agmina
himself .and • • twist repay and
wthenrepaid; that amount of
money is taken' 01.1 of cir ula-
As it is,`.the taxpayer .anust de-
pend .upon- the bank 'borrower to
supply. the. money so that :the 'can
'P'ay !taxes. Taxes altways increase
the (cosh of goods. and services &
reduce purchasing (power- .This;
iri turn, demands an increase in
' wages, salaries . and • fees, This
again incye'ases.. cost and 'IS car
rietd'into :price, causing inflated
values..
• Governments... at all t1c`vels
'must' borrow from the banks Abe -
fore taxes can be collected; They
orrow-(many.• %millions -and -'they
pend it into circulation' into ,the
hands of . the people. -Then taxes.
can be paid 'and:when paid; the
loans, are repaid ,pltu:s interest
:and that money is cancelled out
of existence. This applies on, all
bank `borrowing. , •
All tank tborr' awers must :re
pay ,m'ore than ' iiey :receive as„
they _must pay` interest! That
means' .that somewhere along the
line bbere is an unpaid : or 'part of
arr unpaid loan and that is most-
ly Government 'hence .�increas-
ed debt. All•thank loans are fin-
ancial credit boob• entry ; fig-
ures.
:Our , Constittu.tion 'and • the
Courts lave Parliament 'the right
to issue :in'oney • in' .011. .forms'
that : is, coin, '.currency • and fin
ancial• .'credit. Parliament gave
this right , over to the banking.
,system 'free; then,. when ,money
is.'rieeded,=• some, person •or per=
sons, corporattions, Government,
and others must go to a' thank
•
E$SO. S;ERVI:CE •
FOR TOP .QUALITY ATLAS ,BATTERIES.
DUNLOP • TIRE: (Most Sizes Ie'. Stock)
AT' REASONABLE PRICES!.
Repairs to All Makes of Cars. and Tractors
3 .. Licensed Mechanics.
Wheel- Alignment and balancing
MOTORCADE DEALER
yes. Then; wQiy not go ah'ea'd '&
supply --that need? The question
`.`hav!e we the . money" should
never be asked; USe What . be-
longs 'to :the .people, ourfinnan-
tits] ••'credit. . ,
=Money • should be 'the"servant
of •t'he,..people, • finance should
Work for the 'people. ;'As; it is,
money his .the °`nester•' of the peo-
ple and %finance ...works the ••peo-
ple. 'Finance means. the art. to
provide 'trhe : Means,. of 'paymen't,
"money" and this, is 'the (great-
est tpawer. in : the , country., The
power ,is .now in the ''hannds • of
:an :oli'garc'hy who „has cornplete
power aver Goth nxnentt, 'ind'us-•
try and the' country ,by • keeping
the7ri• in the bonds' .of debt, and.
debt at Government 'levels is an
absurdity and we, tthe.. people;
put • that power into . Jheir .hands:`
We v,shouldrestore 'that ' (power
(]mask into the hands, oil `thee. peo-
ple ..through Parliament, Where
it, belongs. .
This kind; of action •w•oii'ltd be.
the one thing that would cheek
the growth. of Co'nnnunism, So:•'
ci•alism and: many. other .lAa'rxian
inovernents. Also, it :wwduld. check
Fascism. . '
under .aur ..:debt- .financial sy-'
stem,debt Will increase:.and then,'
the‘ :.am'ourit ' of interest 'twill in-
crease (w'hic'h, in `turn; .'wi']1 cause.
taxes ` to ,increase 'This increase:'
goes into cost and is carriedtinto
price, and :up goes 'injflatepd valu-
es, and, !under our deft financial
system,. nothing • can stop At:
I' am not interested 1 the poli-
cies of • (political rpar+ties:' 1 '' am
interested in the people.' I ,pap
not interested . for " myself as • 1I'
am comfortably ' well off,. Q vee
'traveled Widely in six': 'Provinces
,and. everywhere I find. 'poverty,
and'•selni poverty 'mostly 'caused
by debt +interest and ;taxation..
I have made' a keen study of
this :.subject ': for years... and 1.
find that funder •our :debt, fin-
ancial system 'idol*, interest arid
;taxes will rise -at to higher agate
of speed and there As. no power
in the country . 'oan . stop this
other, than ;reform. (Before the:
taxation . system can .`rbe _reform- •
ed . ourmonetary system must
the reformed....
No person can.c laiaii.. that. they
own their :home' • or . other pro-•.
pertly as' .long .as :authority htas
first, claim on it and taxation: is
eating into ' 'property very deep=
ly.'. I cannot '.see 'it. 'necessary 'to
quote figures. It' is.. the system
that we should• closely examine
and' theeffect di has on, the peo-
ple ,and' that:effect is. very & 1-
•quitous:.
G. V: Towle;
• 2456. 'Fast .. 31776h Aiv'enue,
Vancouver 16,' B -C-
y rs■■■■■■•■■ai■■■■i:a■■za■■■■■■■■n■■■ i■■•■■■•i■aeJ'
and `borrow 'back.+that twhieh was 4
.
. ■-••
given then'',
Create
_Yit arid . •.
• DIDICLIA[■ ■
�
■ ..
pay 'interest. ,,'I do not lhink any- ':..
•
thing could be. more Stupid! The ■• ,
The 'Ibank�s must not the ibla:med-: ■ •
■ ■
the (people must .b'l'ame theme ■■. ' : ■
selves.. • `...: ■ ■,.
Before • our taxation •`system :
■ ■
can be changed our monetary ■ . «•. » i
system mustbe changed. That Marking A' Centennial Reunion Weekend .
right which our;. CanSti,'tution k ■ ■
■ . wihh; be held on , . � ... ; , ■
'FRIDAY and SATURDAY
SEPTEMBER '27.,. and:' 28
•the 'Courts'. .gave ;, Parliament t to
issue money an 'all. forms should
a ie• restored to Parliament, iPar
liament ,to 'empower ithe Bank of
Canada .. to provide financial
credit through the • :chattered
banks, to finance all ,gayernmen
tal budgets, federal,,!provincial,
'Cities; municipalities. and •other.
',governing (bodies, 'w'ithou't' . debt.
Taxation should not 'tbe for
revenue purposes; but for: a reg-
ulation'device to control rbotfh tin- ▪ ,
Elation and 'deflatiOno 'Only per- M
sonal• -income shoutld. be 'taxed;, ■.
with • 'proper exemptions: All •
other taxes should be. abolished. ■
This 'Would lower %the cost : of 'iiv ■'
ing, increase. our standard 'of
life, ' increase consumption and.,
Would bring on full employmenrt.
Industry, agriculture arid la=
is
t' t
bor.;wauid "harry .on as they do.
Those who render a service and
professionals twoul'd carry on. • as
they :do, Nobody would-be inter-
fered with arid everybodyy Would
.benefit. , •The enterprise 'would . be
.greatily en'h'anced. The .;freedom •
of the individual would be en= . ::
hance d+ . 'Compulsion,• controls, & : •
regulation .would be greatly re-' •
duced. . •
1;et us .look st this subject in •
another light. In Canadathere
is much need-.-s'dhools, hOstpi-
•tats, social services, civil service
and many more subject matters,
The Auestuon to ibe tasked is, ,have
The friendly fall fairheld the last
Saturday in September:... arid; this
year celebrating the .1 QOth birthday.
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Featuring is
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Gordon Patterson : Pres. Ah ''W: lis —.Sec. •
THE 48th
HIGHLANDERS
OF CANADA
Pipe Major' Archie Dewar,
Toronto, in charge.
: •••etiec•i00000 iiie
•c ic esiii•ce ci i• w
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Dance Saturday Nig.■
.. . ' Glen ■
' Floyd's Orchestra
we the materials, the 'manpower � ■ .
and the knowhow? Tile .ar wer i.
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