HomeMy WebLinkAboutThe Huron Expositor, 1976-10-07, Page 9Television Towers
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PLOWING A STRAIGHT FURROW — Care and deliberation paid off for Seaforth's
mayor, BettyCardno, in the mayor's class at the International Plowing Match. She
placed sixth in a class of ten. "We said we'd all be in the top ten,!' she laughed.The
mayor lived on a"farrn 'til she was 13 but had never been on a tractor until Saturday.
(Staff Photo)
Constance 6
Newlyweds from B C.visit
Correspondent
Mary.Merner
Mr. and Mrs. Frank Van der
Molars>, Paul, MarKand Margie of
Oakville spent:the-weekend rth
her mother Mrs W. Lc: WhyM',
Bill and Mr, Harold Whyte.
Miss Rita Down of London is
visiting with Mr. and Mrs.George
Counter, Richard, Kassandra and
Vicky. On Saturday they
celebrated Kassandra's. 4th
birthday.
Mr: and Mrs. Rolf Van den
Zwaag -newlyweds, of B.C.' the
former Judy 1-laverkamp visited
on Saturay evening with Mrs.
George Mollwain. and Mr. and
Mrs. Carl Merrier and family..
Miss Kathy Dimaline'of London
spent the weekend with her
parents Mr. • and' Mrs. Hugh
Dimalinc, Don. Peter and David.
Mr. and Mrs. Jack Crozier,
' Paul andLori of Huron ridge,
Kincardine,' were Sunday visitors
with Mrs. George Mcllwain 'and
Mr. and Mrs. Carl Merner,
Sandy, Julie. Michael and
Michelle.
C, •
111
e
'2k1'
•
..After. one year, 'the anti-inflation program is
doing what it out tc' do
The most important achievement has been
the crtop in the'inflation rate. A year-ago, - •
consumer prices were rising at a rate of 10.6%.
By August 1976, that rate of
some
had'
dropped to 6.2%. This fall some unavoidable
increases in energy costs and municipal taxes
will affect the rate of inflation. In spite of this, the
first year target' of an inflation rate of no more
• than 8% will be met. . •
IncreaSes in all forms of incorn'eewages,
salaries, fees, profits, dividends-are also being
successfully restrained. On the 'average, prices.
have gone up less than wages this year. This
means tryit most Canadians can cope a bit
better, w( have more bUying power than we had.
before the progrdm began
2.
4.
Th. goal of the second year of the anti-
inflation program is to bring inflation down even..
further, t.-, no more them 6% This can be achieved
only if in:.7reas,es in everything slow down together,
In eur kind of market economy, prices have
to be able to move up and down to some extent
But the Inti-inflation program does put can
effective restraint on prices by controlling profit .
margins In the second year'the pfice dad 'profit
controls • rre being changed to make the rules
simpler .rid to apply restraint more fairly among
different •::ompanies. They also include important
incentives to encourage the investments the
country needs to make the economy grow and
create n , jobs for Can.a.-ivins,,New investment
credits v,-111 make allew,Inc.7e'slor company profits
re-investyd to boost preductron and productivity.
In the-area of wages .and salaries the
sedand year Guidelines increases to 6%.as
a protection .against price increases,with 2%
more aci ,ied as a share of n proauctivity.
ere we are
ere were goin
•
I+ Government bouvernement
of Canada du Canada
r
Walfon„ '"sports club
is
Cw'reVi;ndent
Allan McCall
The Walton aura sports club
recreation dance -Was Iteld on
Friday evening at Family,
Paradise with Ian Wilbee
Orchestra supplying music- fOtl)
dancing.
Winning the 50-50 draw of
$210. was Mrs. Pauline Gulutzen.
Mrs. Jerry McKee of Teeswater
won $20. and MrS. • Margery
Humphries also won $20.
A good time was reported by
WoricLyvide
communion
held at Duff's
- World wide Communion was
held on Sunday morning at•Duff's
United Church, Walfon. Those
serving were Neil 'hitcGavin,
Gerald Smith, Laverne Godkin,
Ian Wilbee, Harvey McClure,
RoSs Bennett, Jack McEwing'
with standby elders, Herb Traviss
and Graeme Craig.
Gerald Smith welcomed people
into the church and handed out
the order of worship. The choir
anthem was "Draw me nearer,.
nearer Blessed Lord”,
accompanied by the organist,
Mrs. Ian Wilbee. The minister
Rev. Ed. Baker took as his
sermon, "What shall we pray
for"? Offering was received from
Roy Williamson, Neil Mitchell
and Bruce Clark.
,
the large crowd that attended.
Lunch was provided.
Personals
Mr. and Mrs. Howard Deane of
Toronto and. Mr. and Mrs.
Watson Webster of Clinton were
recent Sunday Sunday guests
with
hve '
and jotm
M
n r.andMrs. Ray Huether,
Alison and Leslie Traviss,
daughters of Dr. Brian and Mrs.'
Traviss of Waterlob and Mrs.
Hilda Sellers spent the weekend
with Mr. and Mrs. Herb Traviss,
Mr. and Mrs. Ken moffett of
Stratford also visited at the
same home.
The dessert euchre sponsored
by the Walton Women's Institute
will begin at 7 :30 p.m. Tuesday,
INVEST
In a
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5271 610
Oci9bgr 12th, with gc0JOIlktcg
'Mrs. „ *NOW
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Mrs. 'Herb -Tra•viSS as cnnYerler,..
All. OW1005 are ::M014eCt- 0:1
send. desserts .Whether •they
attend or Pot. •
Mrs, W. Lyons Listowpl
spent the Weekerici at the home of.
Mr; and MrS: GFarge
Willia mson.
.
Several people frPhl this are;
attended the international
Plowing .., Match and:Farm
Machinery Show near Walkerton
• laat Week When the weather wis
dry and summer-like, All week.
THE ANTI-11\-FLATION PROGRAM
7
This Guideline is designed 'to protect and
improve the real income of working Canadians,
while bringing c,own the rate of inflation. .
All govern:met-AS are restraining their
expenditures.The federal government is limiting .
growth in its own spending to keep it in line with
the overall growth of the Canadian economy
This means that every day hard choices must be —
made to limit new programs and trim old ones.
These ciaoiceS are painfdl. But they hcrVe to be
made if the government is, to restrain its costs
and avoid contributing to inflation.
' Nobody likes controls. NOt the peope .•
whose private decisions are affected by them.
And not the governments that h e to enforce Ix
them..Itt controls were and a, - - eeded, to,
bring inflation,down and to . sure a .growing
- economy. The program will' be terminated by the
end of-1978. Until it is ended, the government is
committed to making sure the controls. work hard
to bring about a continuing reduction-in the rate
Of inflation.
Inflation has to be cut-down to protect our
personal buying. power, our.savings and
pensions, and jobs for Canadians. If last year's
spiral of rising prices and incomes had .
continued, Canadian-made products would
soon-be unable to compete in world markets,
Imports could easily undercut goods produced
and sold. here at home, It's especially important
for us to keep our prices and costs competitive
with the United States, and on both counts the
U.S. is still doing better than we are. Finally,
inflation alSo hurts investment. And when
investment goes down, unemployment goes up. —
After a year of controls, inflation has come
down. Progress has been made, in protecting
Canadian jobs and improving 'Canada's well-. ;
being. The success of the anti-inflation program
so fdr has depended a great deal on the cb- •
operation of many Canadians, With continued
co-operation, we can all look forward to sharing
a more prosperous and growing economy.
• •
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