HomeMy WebLinkAboutThe Huron Expositor, 1975-06-05, Page 19Sugar and Spice
by Bill Smiley
those who snuck in on their braver
brothers' and sisters' coat-tails.
Nor do I have much time for people like
Piefenbaker, who made a, grandstand play
out of it by pointing the finger of scorn at
others. At his age, and with no family, and
no political future, he doesn't need it.H e's
got a fat pension, plus the old-age pension,
waiting for him. ,
But his leader, Robert Stanfield the
millionaire, doesn't need it either; and he
voted for the increase, for the sake of
others, who do need it.
it seems like a lot of money, but it fqrces
some questions. Is an MP with all his extra
expenses, worth more than a letter carrier
— five times more, in cash?
Should an MP be worth about the same
as two and a half high school teachers? Is
he worth less, from an income point of
view, than an Air Canada pilot, who flies a
maximum of 75 hours a month, for just
'over $50,000?
Is the MP as valuable, in cash terms, as
about three steelworkers?
If your answer to these questions is no,
then you are either a letter car tier, a
school teacher, •a pilot, a steelworker, or a
damfool.
When an MP received $10,000 a year for
about five months work, and was able to
keep his own business or profession going,
he was rich.
Today, how many first-rate professional
men, who have worked hard to build a
practice that is bringing in $50,000 a year,
are going to throw it up for the hazards of a
political career, where it might • be here
today and gone tomorrow? ,
At the other end of the financial scale,
the bright able young man or woman who
hat a low income and could not possibly
finance a run for parliament, will be
encouraged to take a shot at it.
There's no point in saying: "Pay them
what they're worth." Some MPs would be
in the bread-line and others would be
millionaires.
But there is some point in giving the
office some dignity, economically as well as
socially and politically.
Despite what you may think, there is
precious little corruption in Canada at the
MP level. All the big money in corruptionis
is at a different level.
Let's keep it that way. Pay a Member of
Parliament enough so that: a) he is not
tempted into nefarious practices to make a
living; b) he or she does not have to be
wealthy to make a run at ,it. This way, we'll
get the most for our money.
But that pension plan for MPs is another
matter. I haven't space here to comment on
it. All I can do is weep bitter tears and
gaging in_1970. thatne_ver.„in_the. „pf human-
I admired those MPs who bluntly Said endeavor will so few have been paid so in'
they needed the increase and would vote uch' for so little.
for it. I have nothing but contempt for
• I' know my readers have been waiting
with bated breath for Smiley, who seems to
be against most things, to launch his
expected fiery .attack on federal MPs for
giving' themselves a magnificent pay
increase.
Sorry, chaps, I'll just have to disappoint
you this time, for a couple of reasons.
First of all, I could speak with the tongue
of angels, or devils, and the boys in the Big
House would ignore it. If they wouldn't pay
any attention to John Ifiefenbaker, who
speaks in such tongues, they certainly
wouldn't to Bill Smiley.
Second of all, and the main reason I have
not erupted, is that I think our federal
elected members should have enough
money so that they will be -.free from
temptation, and so that the position does
not become one only for wealthy people
who can afford to be an MP, because they
have other income.
I know, and it is true, that MPs have
some other perks: free mailing, • travel
privileges, meal and accommodation
payments while on government business,
allowances for offices and secretaries.
In cash, their income, at $34,600, is
worth more than $40,000 because a good
chunk of it is tax-free. That's a pretty fair
income, even with inflation. But it's not
wild luxury. It's not exactly Arabian
Nights. It's not the sort of loot on which
you are going to have orgies or get rich.
I don't have to tell you — because they
will tell you themselves, at inordinate
length — that an MP has extraordinary
expenses. You've beard it all: giving up his
business or profession; keeping two
homes; being expected to contribute to
every cause in his riding, however trivial;
being expected to entertain when Homer
and Emily drop in on him at Ottawa ;
having to buy a raffle ticket on anything
going, and so on., It's a lot of chickenfeed
that builds up into a pile of dollars.
If somebody asks me to give a donation
to the south Northumberland Society for
the Prevention of Cruelty to Pregnant Cats,
I can tell him to get stuffed, drop dead, or
blow it out his ears. The MP for that riding
must smile gamely and hawk up a five.And
so it goes.
There is no apology for MPs. They are
the ones who should be apologizing. Not
for, the increase. But'for the incredible
ineptness of the timing. Out of • -...side of
their mouths, they are susorting a
program of restraint for business and
labor. Out of the other side they .,are
muttering a shame-faced "Aye, or
absenting themselves for the vote, when it
comes to giving themselves an increase
that, is 92 per cent ,ovc r what they were
THE HURON EXPOSITOR, JUNE 5 1015 -4A
41)
• growth habit than Sanilac or
Seafarer and tends to hold the
pods off the ground better at
maturity. In tests in the bean
growing area it has successfully
outyielded both Sanilac end
Seafarer, he said,
• On the other hand,.is its size.
The Kentwood bean is larger in
size than either Sanilac
SOURCE
1. Unexpended funds at beginning of year
Long-term liabilities
2.1 Sold to Education Capital
Aid Corporation (par vajue)
2.2 Sold to the public (par value)
2.3 Premium on debentures
2.4 Discount on debentures
Reimbursements from Governments
3.1 Canada
3.2 'Ontario (Special Vocational Grant
4. Capital Expenditure from the revenue fund
5. Federal sales tax refund
6. Balance at the end of year not permanently financed
7. Total
486,000. •
Stratford, Ont.
April 23rd, 1975
BALANCE SHEET
AS AT DECEMBER 31, 1974
.Clinton Spring Fair
on this week
e bean
A decision faced by White bean
growers this year is whether to
plant the variety Kentwood, this
controversial new variety' having
two sides to it according to P, J.
Lynch, Soils & Crops 0.144.A.P.
Specialist for Perth & Huron
Counties. On one hand is its
growth characteristics and ability
to yield. It is more' upright in
ers
Seafarer and this presents a
Problem for canners and gradera.
With the present bean handling
equipment some changes will
have to be made at the elevators
before Kentwood beans can be
handled, It will-also mean that the
Kentwpods will have to be kept in
separate 'silos and handled
separately: The elevator
Operators See WO as ft problem
that is net easy tO• police
especially at peak harvest times,
nil also means that nqt all
elevators will be able to PAPPt
Kentwood beans, If some
Kentwood beans are accidentally
mixed in with Sanilac pr Seafarer
the grading system will penalize
the larger Kentwood 'bean
this :ye,ar., they should plant
least or 10 ages.: This. way at
load of the beanato deliver' atone.
One. and. dint '10.0s• ',Chance.. of
t:ofart:gost:eteeFe:::40i;....1
indi$4401. Ow* Pislaft. 000s.
R •
To the Peith County Board of Education:
We have examined the balance sheet of the Perth County Board of Edu-
cation as at December 31st, 1974, and the Revenue Fund Statement of
Operations, the Statement of Revised Net Requirement and the Statement
of Source and Application of Capital Funds for the year then ended. Our
examination included a general review of the accounting procedures and
such tests of accounting records and other supporting evidence as we con-
sidered necessary in the circumstances.
Cash
Investments at Cost
Accounts Receivable
Municipalities
Under-Requisitions
ASSETS
Current Assets
Reyenue
Fund
Capital
Fund
399,937.
Supplementary Taxes, etc. 28,738.
Other School Boards 380,800.
Government of Ontario 525,304.
Government of Canada 5,866.
Other 9,688.
Due from Other Funds
Capital
Reserve
Revenue 42,175.
Prepaid Expenses 26,775.
Other Current Assets 34,436.
Total Current Assets 1,011,607. 442,112.
Fixed.Assets 11,175,607.
Other Assets
1,011,607. 11,617.719.
189;929.
708,224.
AUDITOR'S REPORT
Respectfully submitted,
Monteith, Monteith & Ca.
Chartered Accountants.
License No. 122
LIABILITIES
Current Liabilities
STATEMENT OF SOURCE AND APPLICATION" CAPITAL FUNDS
For The Year Ended December 31, 1974-.
'RVVENUE FUND STATEMENT OF OPERATIONS
FORLEMENTARY SCHOOL PURPOSES
For The Year Ended December 31,1974
THE PERTH COUNTY
Board of Education Financial Report 197
In our opinion these Financial Statements present fairly the financial ,
position of the Board as at December 31st, 1974 and the results of its opor.
ations and the source and application of its capital funds for the year
ended? in accordance with accounting principles generally accepted for
Ontario school boards applied on a basis consistent with that of . the pre,
ceding year..
Revenue
Fund
Capital
Fund
Bank or other short-term borrowing . 72,840., 350,200.
Accounts Payable
Municipalities
Over-Requisitions 77,567.
Other School Boards 70;222.
Government of Ontario 24,763.
Government of Canada 290.
• Trades Payable and Accrued Liabilities 723,750. 18,042.
Debt Charges Due and Unpaid
Due to Other Funds
Capital 42,175. -
Reserve
Revenue
Other Current Liabilities
Total Current Liabilities 1,011,607. 368,242.
Long-Term Liabilities
Unmatured Debenture Debt 11,249,477. 11,249,477.
Less Sinking Fund
Deferred Income
Reserve for Working Funds
Equity In Reserve Funds
Other
Investments In Fixed Assets
1.011,607. 11.617.719.
APPLICATION
-24,559. 8. Balance at beginning of year not permanently fipanced
Fixed assets and work in progress
9.1 Buildings 358,141.
9.2 Furniture and equipment 128,083.
`9:3 School Sites > • 50,641.
9.4 Improvement of school sites 63,420.
486,000. 9.5 Pupil transportation vehicles 34,070.
9.6 Other ( Specify )
Other Applications
10,1 Cost of issuing debentures
10.2 Transferred to revenue fund
7,736. 11, Unexpended funds at end of year
12, Total
6344359k
73,869.
708,224.
Recovery of Expenditure
02 Other School boards
04 Government of Ontario, tuition
fees and miscellaneous
06 Government of Canada
07 Individuals
08 (1) Other Revenue, excluding
transfers from reserves
• Total Recovery of Expenditure
NET EXPENDITURE
Financing of Net Expenditure
Government of Ontario
- (2) General Legislative Grants
Local Taxation
1973 Over ( under) requisition 73,964.
(3) 'Local taxation raised in 1974 2,102,124.
Decrease ( increase) in reserve • Nil
Net Under (Over) Requisition Required to be Applied to
1975
TOTAL
The opening of the Clinton
Spring Fair on Friday, June 6 will
makr a milestone for the Huron
Central Agricultural Society. Not
only will the society tie the 121st
Spring Fair in with Clinton
Centennial, but it will now be the
biggest Spring Fair in Ontario.
The Clinton Fair, which this
year runs on three days, June 6, 7
and 8, has now become a "B"
Fair, making it second only to
larger exhibitions -such as the
Canadian National Exhibition and
the Western Fair in London.
This year the Fair will offer
more than $5,000 in prize money,
most for a myriad of events
connected with agriculture, from
cooking to poultry.
As well as the usual events
connected with a fair such as
cattle exhibits, horse shows and
commercial exhibits, the fair also
has a midway and two grandstand
shows, one Friday night and one
Saturday night.
The show on opening day,
Friday, June 6 will feature the
Ontario Spring Jersey 8how, now
as large its the Fall Show at the
CNE.
Following the Jersey Show in
the evening will be the Queen of
the fair contest, and the Senior
Citizen's Queen contest.
UNIT
STEP
Enhance the beauty and value
of your home with " precast
steel reinforced concrete Unit
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work quickly and cleanly.
The highlight Friday night will
be a big local talent night which
starts at 7:45. , It 'features
stepdancers from Seaforth,
Scottish dancers and bag pipes,
folk singers, male and female
vocalists and old time fiddlers.
Johnny Brent will be MC for the
night's entertainment.
Saturday,. June 7th's program
will be kicked off with a parade
through Clinton that promises to
have over• 50 floats, including at
least one band.
The parade will be followed by
the Huron County Holstein Club's
annual show and the judging of
other livestock. During the after-
noon the baby show takes place in
the arena.
Winning livestock entries,
numbering in the hundreds will
parade on the grounds and the
livestock special awards will be
presented.
Harness horse teams will be
judged in front of the grandstand
in the evening and if the last two
years is an indication, the largest
heavy horse show in Ontario will
enthrall young and old alike.
The evening grandstand show,
which gets underway about 9
p.m. will be a treat for country
and Western fans when interna-
Offers:.
SAFETY, QUALITY
ECONOMY and
CONVENIENCE
tional • recording artist Jan
Howard takes to the stage, along
with the Myers, Brothers and the
Jubilaires.
The final day of the three day
fair starts off with an all breed
pedigree fun match at noon,
followed by the increasingly
popular horse show at, 1 p.m.,
with "Tor " Gre as M.C.
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JEWELLERS
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DIAMONDS WATCHES
JEWELLERY. FINE CHINA
GIFTS FOR EVERY OCCASION
All Type ,, ()I' Repairs
Plmne 527-0270
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Guaranteed
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Certificates
for 3, 4 and 5 year terms.
UNIT STEP
Expenditure
10 Business administration
20 Computer Services
30-49 Instruction
50-59 Educational services
60-69 Attendance, health and food services
126,330.
Nil
4,655,526.
109,334.
3,815.
70 Plant operation 602,898.
75 Plant maintenance 236,912.
76-81 Transportation 566,499.
82 Tuition fees 1,556.
83 Capital expenditure (non-allocable) 38,534.
85 Other operating expenditure 40,301.
87' Debt charges on capital borrowing 764,031.
89 Non-operating expenditure
excluding transfers to reserves , 10,396.
Total Expenditure 7,156,132.
Account
Code 953.
36,315.
420.
83.
28,247.
66,018.
7,090,114.
4,925,353.
2,176,088.
(11,327. )
7,090,114.
Expenditure
10 Business administration
20 Computer services
30-49 Instruction
50-59 Educational services
60-69 Attendance, health and food services
123,874.
Nil
5,210,431.
99,214.
5,294.
70 Plant operation 518,566.
75, Plant maintenance 125,556.
76-81 Transportation 465,770.
82 Tuition fees 213,270.
83 Capital expenditure (non-allocable 40,815.
85 Other operating expenditure 53,726.
87 Debt charges on capital borrowing 576,853.
89 Non-operating expenditure
excluding transfers to reserves 9,882.
Total Expenditure 7,443,251.
Account
Code
(1) Other Revenue includes transfers from the capital fund, proceeds
from the sale of assets, insurance claims, earnings on temporary
investment, reimbursement for services and other miscellaneous
items that are in the nature of recovery of expenditure. •
(2) Government of Ontario General Legislative Granti is the amount
payable by the Province of Ontario under the provisions of Ontario
Regulation 200 /74 as amended other than specific reimbOrsements
reported as Government of Ontario, tuition fees and miscellaneous
REVENUE FUND STATEMENT OE OPERATIONS
FOR SECONDARY SCHOOL PURPOSES
For The Year Ended December :11, 1974
Recovery of Expenditure
02 Other school boards
04 Government of Ontario, tuition fees and miscellaneous
06 Government of Canada
07 Individuals
08 (1) Other Revenue, excluding transfers from reserves
Total Recovery of Expenditure
NET EXPENDITURE
Financing of Net Expenditure
Government of Ontario
( 2) General Legislative Grants
Local Taxation
1973 Over ( under) requisition 37,226.
(3) Local taxation raised in 1974 1,979,996.
Decrease ( increase) in reserve Nil
Net Under ( Over) Requisition Required to be Applied to
1975 Taxation
TOTAL
(3) Local Taxation includes the total of the 1974 requisitions on Muni-
cipa li ties, supplementary, taxes, license fees for trailers, taxes levied
directly by school boards and any other amounts provided by muni-
cipalities over and above the requisition, other than amounts in
respect of sale of assets to a municipality or revenue from' cost-
shared programs.
•
632,631.
2a,431.
5,446.
40,728.
48,291.
720,52/.
6,722,724.
4,771,742.
2,017,222.
(66,240.)
6,722,724.
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(1) Other 'Revenue includes ,transfers from the capital fund, proceeds
from the sale of assets, insurance claims, earnings on temporary
investment, reimbursement for services and other miscellaneous
items that are in the nature of recovery of expenditure.
( 2) Government of Ontario-General Legislative Grants is the amount
payable by the Province of Ontario under the provisions of Ontario
Regulation 200/74 as amended other than specific reimbursements
reported as Government'f Ontario, tuition fees and miscellaneotis.
(3) Local Taxaticin includes the total of the 1974 requisitions on muni-
cipalities, supplementary taxes, license fees for trailers, taxes levied
directly by school boards and any-other amounts provided by muni-
cipalities over and above the requisition, other than amounts in re-
spect of sale of assets to a municipality or revenue from cost-shared
programs.
•