HomeMy WebLinkAboutThe Huron Expositor, 1975-08-07, Page 1525. Iit'Memoriam
ria s borr
Spray
Painting
Barns and Industry
Free Estimates
Phone 482-9202
" JIM BOLGER
Clinton
19.99-tf
#E0. Auction Sales
Lobb -& Gethke
, AUCTION CALENDAR
Auctioneers & Appraisers
Clinton MonktOn
482-7898 ' 347-2465
IOS at.,Aug. 9 - Lakeview-
Sales Machinery Auction
,Sat. Aug. 16, 1 p.m. Trucks,
loaders, construction tools
and equipment on #4
Hwy. in the Town of
Clinton for Don Hunking.
Wed. Aug. 27, 7 .o'clock,
furniture, household effects
etc. in the Village of
Cro r Ivlurrity Ross.-
Sat ug 30 1 p,m. Large
o ern ma hinery, some
household ects on No. 21
Hwy., at he Village of Port
Albert for . A .4-
Dieksnn. 20-04-1
22. Legal
Township
of
Tuckersmith
NOTICE is hereby giyee
that the Corporation of the
Township of Tuckersrnith
proposes to give
consideration, and, if
thoyght fit, to pass a
by-few providing for the,
stopping up of ,an original
road allowance between the
Townships of McKillop and
Tuckersmith, and being a
road allowance ' how
unopened, and lying
between the North liMit of
Lot 14, Concession 1,
and the South limit
4, of Kitig'e Highway No. 8,,
and eteptApg from „William, 4,
Streel on the Westerly '
li mit to 'the West of
Lot 1, Plan 8, Tuckersmilli-
Township, on the Easterly
limit, and further providing
that the said road allowance
be 'conveyed lo Fletcher
Tile Limited, the present
ow* of , the adjoining
lands. ,
1r ,It is proposed that the
by-law wiltbe presented for
consideration by the
Council of the Township of
Tuckerstnith at its regular
meeting on Tuesday, the
2nd day of September 1975.
Dated this , 29th day of
July, 1975.
JAMES]. McINTOSH
Township Clerk,
R.R.#3,
Seaforth, Onthrio.
22-04-4
23. Bus. Directory
LOU ROWLAND
TRANSPORT LTD.
P.C.V. Class CDP & FS
Serving Dublin & Seaforth areas
Phone 345-2301 Dublin anytime
23-99-lf
R. S. BOX
• FUNERAL HOME
Phones:
pay 527-0680 - Night 527-0885
23-99-tf
87 Goderich St. W.. Seaforth
Phone Seaforth 527-1390
23-99-tf
24. Cards of Thanks
I would like to thank
everyone for all the cards, gifts
and flowers during my stay at
Stratford 'General Hospital.
Special thanks to Drs. McNeill
and Underwood and the nurses on
4th floor for all their care and
concern. It was all • greatly
appreciated. — Sharon Pryce.
24-04.
My sincere thanks to everyone
who remembered me with cards,
flowers and gifts while in
hospital. Specie! thanks to Rev,
Hancock, Drs. , Malkus a.hd
Donkor and all the hospital staff.
— Mae 1. Smith. 24-04-1
We wish to express our
appreciation to everyone, who sent
cards, flowers and gifts and those
who came to visit us while we
were in the hospital and since
coming homee We give a special
thanks to Dr. Malkus and the
nurses. Yvonne Seiler and baby
Michael. 24-04-1
HANEY — The family of the late
Margaret Isobel Haney wish to
express their sincere thanks and
appreciation for the kindness
shown u js in the loss of ,a dear
mother and grandmother.
Special ' thanks to relatiyes,
friends and neighbours for their
sympathy cards, floral tributes
and donations to the, Heart Fund.
Our thanks also to the Whitney-
Ribey Funeral Home, Rev.
T.E.Hancock, to the doctors and
nurses at Seaford' and Stratford
Hospitals who attended her and
to all those whe") visited her during
her stey in hospital. Also thanks
to the ladies who provided and
served the delicious lunch
folloWing the funeral and all who
helped in any way. Your kindness
*vill always tete rernembereefre
• 24- '04x1
We wish to extend a heartfelt
thank you to all who shared in any
way in our sorrow at the tragic
death of mother and of bur uncle
and auntelati and Marie Boersen.
Your presence and sympathy
were deeply appreciated. — The
Vanden Hengel family. 24- 04-1
VV1LLIAMS — In loving memory
of a dear husband and father
Michael Williams who passed
away three years ago Aug. 7th,
1972.
God lOoked around His garden
And found an empty place.
He then looked down upon, this
earth
And saw your tired face.
He knew that you were suffer-
ing He knew you were in pain
He knew that you would never
Get well upon this earth ,
25,1 In '1*raari m
BRADY In memory or Mrs.
Ed. Wady who died Aug. 3, 1973.
You fell asleep without saying
goodbye.
But our memories of you will
never die.
We miss you more than anyone
knows. -
As each day passes our
emptiness grows.
No one knows the grief we bear
When oar family meets and
You're not there.
You left so suddeply
Your thoughts unknown.
But yon left us memories
We are proud to own.
,— Sadly missed by Husband and"
Family. 25-04x1
26. Personal
Mr'. and Mrs. L. W. Coreoran,
nee Gladys Holmes. Calgary. are
pleased to announce the
forthcoming marriage of their
daughter, Phyllis Ruth to Mr.
Kenneth Ito, son of Mrs. K. Ito ,
Portage la Prairie and the 'late
Mr. Ito. The °wedding to take
place Saturday, August 23rd at 2
o'clock in St. Luke's Roman
Catholic Church, Calgary. 26-04-1
We invite engaged couples to
visit the Arbor Gift Shop in
Clinton, Pick up a free gift and
tell your friends about our Shower
end Bridal registry service. No.
charge, no obligations. 26-99-tf
27. Births'
OLIVER — To Mr. and Mrs.
Walter Oliver of Dublin on
August 1, 1975 at Seaforth
Community Hospital, a daughter.
2 7-04x1
RYAN — To Mr. and Mrs. Patrick
Rear). R.R.#2, Dublin on August
4, 1975 at Seaforth Community
Hospital, a son. 27-04x1
(By Nancy Andrews)
After'coming to Se,aforth on a
Lions exchange. Bill Hebert, IS of
Reading, Massachusetts, must
find the world,,juse, a little bit
smaller.
Bill is one of 37 teenagers froni"
Canada, Japan, and the United
.States taking part in a Lions Club
three week exchange.
He is staying with Marlen and
Jane Viecent and ,their three
children, Brian, 17, 1.inda. lb and
Barry 9. His stay ends Sunday
when be flies home,
The first and last
stay was spent with the Vincents
and the middle week at a camp in
Wildvvood, near St. Marys, with
the other exchange members.
"I think I enjoyed the camp
most because I met kids from all
over the world."
He said the Japanese exchange
.students are in Canada for six
weeks and would stay longer at
the camp. No 'Lions exchange
students would be returning to
Japan.
During his stay in camp, he e as
taught how to write his name in
Japanese.
Exchange members viewee
Twelfth Night at the Stratford
Festival and returned later for a
backstage tour of the theatre,
He said with a kind of awe in
his voice that they went for a
hayride which went right down
the middle of St. marys.
The week ibcluded a trip to
African Lion's Safari where he
said they had to keep the windows
up because the babooes were
climbing all over.
The cal(n-v, i,urisellors for this
group were Lion members and
me w,. j III s who had their
time .1- am said.
MS' Jack Riddel4A1PP),
With ,the lattodoottoo, of -the
mini-budget la July the net cash
requitement of the .provinee Was,
increased to $1,769 billion.. This is
being financed in the following
way:
Non,Public Borrowing
Cilnada Pension Plan 42%
Ontario Mun. Employees 4'
Retirement System
Teachers' Superannuation
Fund 13%
Public Borrowing (to be
determined) 37%
The shortcomings of these
sources will soon become evident
as the province is definitely losing
the funds from which it has so
freely borrowed to finance its
deficit position since 1970,
Assessing these sources
vidually will illustrate firstly that
the plateau period of the Canada,
Pension Plan is approaching more
rapidly than originally anticipated
due to the indexing ef benefits.
The plateau period is the point at
which benefits would rise to equal
contributions and then continue
to increase-steadily above them.
This would rapidly deplete the
former excess amounts of capital
from which the province could
bOrrow. The plateau period was
originally anticipated to occur
around 1984.' In the Federal
Government's" "White Paper on
Income• Security" published hi
1970 proposals were made to
increase the scope.andgenerositY
of payments from
Should these propoeale, ap-
proved (and approval must come
from 'A of the provinces contain-
ing 2/3 of canada's population) it
is estimated that the fund's
plateau period will occur in the
_early years of the 1980's, ,
Gross revenue of the C.P.P.
comes from three sources:
(I) Contributions of employees,
empleyers and the self-employed,
He'll be taking hot4 a lot of
memories, of campfires', trips for
hamburgers early in dui morning,.
and of roaming from ah outing to
cat pork chops at iWo in the
-morning_
There were seven tents. hut hy
the end of the week not one.
person wa, in them . Ekeryonc
d 'thrown their sleeping bags
outside and slept under the sters,
Bill's father isn't a Lion
member hut read about the
exchange in a church bulletin.
Later when his f riend's mother
called it was decided both he and
his friend. Peter Gazeara would
apply.
Both got accepted and Peter
stayed with a family in Elmwood.
Spending money and the plan
ticket was paid by the exchange
members hut all the additional
expenses like bus trips were paid
through the Lions Club.
Mr. Vincent said his famil
"kind of did it on our own. Lots of
Lions still don't know he's here."
Bill was invited over to Bob and
Betty Beuttenmillers. Mr.
Beuttemnifler is the . past
president of the Lions Club.
Mr. Vincent said Bill attended
the Lions Carnival every night
and helped set up the booths. He
met many Lions members this
way. Due to his success at the
penny sale. Bill will be returning
home with four quarts of oil.
While in Seaforth. Bill visited
Scott's Poultry farm, went to
Ontario Place and got thrown into
Lake Huron by the Vincent
teenagers.
Was Bill's second visit to
Canada for be went to Montreal
with his, fetidly 1968. "People
are mit that different". but found
Canadians tend to use a lot of
"ehs" in their speech. he said.
Ontario debentures, OMERS
would receive a higher rate of
return on the system's funds;
possibly from a minimum of %
per annum to a maximum of
I 1/4 ", per annum. Such a higher
return on the basis of funds to be
available for investment would
considerably increase the Sys-
tem's investment income. As a
result of the impact of inflation -
(pensions are being determined
on the basis -of earnings at or
near retirment and the purchase
ing power of pensions is protected
by increasing the penSion each
year by an index suoh as the CPI)
- OMERS 'requir, additional
revenue to increase its benefits.
Therein lies the significance of
inVesenents increasing invest-
ment income.
Atethis point. the prime ques-
tion is; shduld the funds of
OMERS.-bo dedicated toe •
(I) a• reduction of the impact
of Ontario's borrowing on the
public capital market;
(2) a reduction in the cost of
,Ontario's Long term money;
(3) the enhancement of Ont-
ario's credit; OR
(4) the exclusive interests of
the employees and' members
of OMERS. •
With ciMERS acceptability as.:
sure& (in early 1970's), as
OMERS actuaries aceumulatede
reliable data with regard to
members' age, sex, disability,
retirment, mortality etc., and as
he finally got his Canadian
friends to stop adding 'ch . to the'
end of their. sent,. flees. Many 'of
Hill's fellow tuvricans spoke
kk oh different at tints like those
trom_Texas and t;kiii;gia, Yet by
ih-c end of the weck "It scented
they were friends 1,1 a long time.
ri,eryone adapted hc said.
Bill comes front f2taling which
is ab out the same Tcfre as
Seaforth. but due to its nearness
BOston. it has It much more
'suburban atmosphere.
He said both his friend. Peter
and himself. • discussed the
difference . at camp,' and
thought a big difference is the
•amoutit and felling of "space".
there is in Canada.
Perhaps at no time during his,.
trip did the old' phrase, "What a
small world!" seem morc true,
than when he walked into camp
and met Billy Sullivan, also from
e a ding.
He asked what Bill vkas doing
on the exchange and was told he
received a call from a Lions
member on the day the others
arrived asking him if he wanted to
nine to Canada. He arrived late
and stayed on a farm with, Hugh
Flynn Hullett.
Not only was the Lions
Exchange a chance to meet
friends from home. make friends
with exchange members from
Canada and Japan. but it vas a
yhance to make friend ,
fellow Americans
Mr. and Mrs.- ill d
ith Bill that he won't fe coming
north any more, but going south
taGeorgia. While at the camp, he
Oka& a friend, Susan Piziitola,
who 0Onies from Georgia but w s
staying with a fqmily in - BI th
Mr. Vincent said theie °Led
be no Seaf orth youth rout-nine
R,R.#2
tices
WHITNEY.RISEY
FUNERAL HOME
again.
CIEANING he put His arms around you
TIME And lifted you to rest.
Turn your old furniture and God's garden must be beautiful
useleol'd- effects into d'ifeli7Wee— iireoerly-takeeethe beet; -
will either buy or sell it for you. —Lovingly remembered by wife
From smallest item to-the largest
estate. Phone
.Pearl ancealj'the family. .25-0 4 xl
1KENNEDY— In loving memory
'-KNAPP;$ FURNITURE of our deaf stip and_ brother '
And AUCTION ROOM 'Harvey Scoit" who passed away
482-1336 July 31, 1964.
20-994
Though his smile is gone
forever
3011N E. LONGSTAFF And his hand we cannot touch,
Still we have so many
OPTOMETRIST memories
Of the one we loved so much.
By Appointment Only His memory is a keepsake
Seaforth Office With which we'll. nest er part
• Tues.,Wed.,Thurs,,Fri. God has him in his keeping
9 to 5:30 P.M. We have him in mir heart.
Thursday evenings —Lovingly remembered by Mom
Monday only - Clinton Office and Dad e Sisters and Brothers.
For Appointment 25- 4-1
intone 527-1240 - or 482-7010
23-9941 USE.
EXPOSITOR
WANT - ADS
Phone 527-0240
4ANSTETT JEWELLERS LTD.
WATCH AND JEWELLERY REPAIRS
— WE SELL AND SERVICE—
Bu iova Accutron - Watches
-7 3 STORES--
SEAFORTH * CLINTON WALKERToN
13-994
, ROOM POR ONE MORE — The Vincent family had
room for one more, when they welComed fifteen. year
old, Bill Hebert of Reading, MassachusettsIO their
home for a two week visit. Bill who was en the
Lion's Exchange was sitting with Jane and Marlen
Vincent in their North Main Street home while' he
talked about. the highlights of his stay in Canada.
.(Staff Photo)
Staying with Vincents
Lions exchang
Z.) Provincial Interest parnet0
n the cumulative anIelent lK)P
rowed and. (3) repayments Of
principal as the loans mature ert
at the discretion et the banister of
Finance subject to early recall as
the funds are needed.
The gross revenue le thilta
reduced by benefit payments and tires which funo, ookt: got 1. SOW 6;1*m: •14,*: V$1141'
etwenses ..of administration. The have 0.4)4104 elseWhere
resulting net revenue is available guaranteed' the funWa : peosie
tee investment capital to the benetits,)
participating provinces in..thet However,. Ceert thotigh:
year. However, the actual cash Wads are 4uppowd3y gungehtee
flow to the provincee is the net by the province. there is. *AO
revenue less provincial payment section in the QMR$
9f Interest and repayments 'of states that the proYince 4 •Ok•
principal. So although the 'tund provide Inonies to paf .
level may continue to rise the net ' Pensions if tim systsga V‘Ak'f:t
provincial cash flow is (leaning unable to do A.Q. In fact,' Sectiott:W
• and will become negative in of th Act provides that 11,
the early 1980's. And finally, the ibutions of the eMploY04:
government still has not decided gital by such an atnennt '
what action to take to compensate required in Widen
for this eventual loss of funds. contributions Of the nternbeo:an
Instead they have been borrowifin interest earned to provideforffie
more and more from it every year payment of benefits a ''eji1300.; and this year it accounted for ses", In other wordSt the , Wit*
approximately one-half of the panties and local bear,
province's financing needs. Ontario as "ernploYersr
Better Investments the OMERS Act are 000F4
The funds of both OMERS and dticharge OMERS'
the Teachers` Superannuation probability of the province WAD
Pund are solely invested in 'to step into guarantee OMR
Ontario debentures - quite a pensions anyway very remOto
convenience factor in easing the particiatarly if funds were inveSti,
province's , borrowing require- ed in a conventionally diversified •
ments, The Report a the loint portfolio Of Canadian seeuritieS.
Study Group on ()NIERS Invest- Invest OIVIERS
men t Polieies (Feb. 14/74) suP- Every investment specialiSt
ports the finding that if' future whom the Studj(Vroup consulted
contributions were to be invested was of the opinion that the best
in a full range of marketable interests ofthe employers and the ,
securities under the Pension members of OMERS would be
Benefits Aet and its regulations served if OMERS' funds were tn
, rather than in the non-marketable be invested in marketable wont,'
-tht 450111- t44Areg Aikck staiAltk,
0, the aced for SPOtter
Ofototilans the Province. Of Ontario
whieh was essential in:year OW'
Wail no longer ,csautifitt . ao,
fact W,44 less actequate. neyt...04 •
Ygat's leter, 04.409
initially issued yw detonv,-.
tclqtn` 119§allge., 90. ,Allelt
.14k.fils$Inant* in 901.0'
of.100041,a,o4414:410',O44 Akf,!'
q. stikvvgbt .44,, unyielding
tiort, •
e^.1)0hilo' 'herick*i
ltecetAl 'OA :•0 the, .00
fi#4ons; xtigui Menta,' gro
-for Yq W*.1-din4,Fitoowers
• LIMIED WERS IMRE SERVICE.
Phone 34809400. -
WEDDING INVITATIONS
THE HURON EXPOSITOR
14%0.10 b4altcttitt1915i 440,
ka:t 010054:09.xer:10*'
Ow-044qt MAW t4, 044. :S.L
thOilgt'
' wb atill hayp.a0hOt,
0: '044 04.; Ow •
::.:otto4t r.4tg.4:,,topok
ities of the Canadian capital
market!
Knowint the anticipated grow-
th of OMERS, if 20% of its funds
were to be invested in marketable
Ontario provincial bonds (the
average for a Cdn. pension fund
is 25% in provincials), then the
additional sums the province Of
Ontario would have to borrow in
the public -market would be as
follows:
1974 - $ 96,000,000
75 . 110,000,000
76 - 122,000,000
77 134,000,000
78 - 150,000,000
79 - 170,000,000 ,
, 80 185,000,000
81 - 201,000,000
82 - 217,000,000
83 - 232,000.000
The consequences of Ontario
being required to borrow such
, sums in the public market rather
than front OMERS would be 'an
increase in the supply of the
province's securities in the mark
ket and, an increase in the price
of money to the province.
It is clearly a Matter of time
before the' province loses this
source of income.
The Teacher's Superannuation
Fund appears to be headed in the
same direction since all of its
investments are presently held in
Ontario debentures with coupons
ranging from 6% to 8.57%.
Pension Funds must out of
necessity try to obtain the highest BUSINESS HAS BEEN EXCELLENT!
1974 ,PONTIAC LAURENTIAN
Vat te;t4gert415,41#11.es OY*nda sut ne rtgi , Arlindloa.°A°
very well Cared for 1,1:owner ear finished In gold with a
contrasting vinyl & cloth interior. Lie # HMS 753
4 Door Sedan, 350 cu. In. V8 Engine, Automatic
Transualssien, Power Steering and Brakes, Radio, Rear
window defogger, Bumper impact strips, Better than
Merage Trnde in. Lie /I 011Z 492.
•
1973 PONTIAC LAURENTIAN
GOODWILL
USED
CARS
46.44;in.4:14i4E3X41,44:14,4,6.) •
The quality of our recent trade ins
f has never been better. Before you
buy take a 15 minute drive
to ,Massachussetts or the United
States because there wasn't much
prOniolion of the program.
Hill said his fareily had been
planning to take a girl in a French
exchange, His sister was working
so they dee ided against this since
'the visitor wouldn't have anyone
her age to chum with.
This is the first Lions exchange
for the Seaforth area, and Mr.
Vincent said he thinks there will
be more of them. •
Mrs. Vincent, said the family
had looked forward to the
exchange. "It was goad for, our
kids, they've enjoyed it."
When asked if he would like to
go on another exchange, Bill said:
"Sure!" Although he admits to
being "sort of" homesick, he
received several letters and
phoned home a couple of times.
For two weeks, he was a member
of the Vincent family. Just that
morning, he said nine year old
Berry jumped on his bed and
woke him up. Besides visiting
local spots of interest, be mowed
the lawn and helped pick
raspberries.
In Bill's own words he saidt "I
was glad came, My brother wits
wall papering all the upstairS.
would have had to help hitt,'
PULSIFER MUSIC
Summer Hours
Open Tue.& Thurs
4-9 Sot. 9 - 1 2:30
or by
appointment
Phone 527-005
to Mitchell and ve many dollar
''. on your next us d car or t
1972 PONTIAC CATAUNA - —
2 Door Hardtop, 350 engine, Automatic"
Transmission, Power Steering and brakes, radio, Vinyl
top, Steel belted white wall tires, many more extras .
1972 FORD CUSTOM 500
2 door top, 351 V8 Engine, Automatic transmission,
steering and brakes, white w 1 tires,
deluxt wh vers, refinished in medium een with
contrastin ark green vinyl top. This is a 'ye lean one
owner ix in. Licit DfIX 524.
We still have a good selection of
NEW 1975 PONT1ACS,BUICKS
attd CIVIC 'IWUCK$
in stock
****************
.021kfittYrist
Open Every Night To Serve You
AND ALL DAY SATURDAY
or 141114(111 Ins
r.o_Fe (-"JEOIPIE, ki:f/E( (NI DE/41Ni
visitor . in Seafortfr
^^1