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HomeMy WebLinkAboutClinton News-Record, 1972-01-06, Page 2Huron County Jail closed Town Talk Auxiliary Continued from page 1 The Auxiliary wishes to thank all groups in town who help by serving the hospital - a special thanks to the Kinettes who so nicely decorated the solarium on the second floor of the hospital. The report of the nominating committee was presented by Mrs. H. C. Lawson. The following officers for 1972 were then installed by a Past President of the Auxiliary, Mrs. E. B. Menzies: Past Presidnet, Mrs. R. U. .McLean; President, Mrs. L. Paul Walden; First Vice President, Mrs. W. T. Harrett; Second Vice President, Mrs. Ted Davies; Secretary, Mrs. Harvey Howard; Treasurer, Mrs. Howard Porter; Corresponding Secretary, Mrs. C. M. Shearing. Conveners of Committees: Social, Mrs. Doug Bartliff; Sewing, Mrs. Brock Olde; Buying, Mrs. Doug Ball; Press and Publicity, Mrs. Lloyd Bond; Staffing the Cart, Mrs. Maynard Corrie; Stocking the Cart, Mrs. Harry Merriman; Tray Favours, Mrs. Don Lobb; Flower Cart, Mrs. E. W. Ryan; Membership, Mrs. Ed Wilson; Nominating, Mrs. Doug Bartliff. OFF PRE- O INVENTORY AD Brushed A GOWNS GOWNS Face Sparkle ,„„„„„„,„„„,„„,„„„„„„„„„„„„„„,„„„„,„,„„„„,„„„„„„„„„,„,„„„„„„„„„„„,„„, selection Cloths. SALE Nylon & PYJAMAS Flannelette & PYJAMAS of Towels and Crimplenes . ' PRICE WOOL MATERIALS, 2 YAR D Plaids, Plains and an assortment of other GOODS fabrics. ..... . PER A selection of washable, flannels, YARD brocades /and other assorted fabrics. FLANNELETTE PLAIN AND Special 59 4 Yd. ATTERN GOODS LADIES PANTIES WHITE AND ASSORTED COLOURS Value to . $1.000"'pr. — NOW 69 4 pr. Value to 69c pr — NOW 39 4 pr. Y ATER 1/2 MAXIM LINES PRICE TABLE CLOTHS TO $1 CLEAR ea. 3 (LONG ALL OFF HOUSECOATS WINTER & DUSTERS AND SHORT STYLES) ING CENTRE—DRY GOODS ON HENSALL TO ONE AND ALL On behalf of residents and staff of Huronview, I would like to say a heartfelt "Thank You" to all the people of Huron County and surrounding communities who came to Huronview during 1971 either in groups or individually to entertain, take part in activities with, or visit residents. You can have no idea how much this giving of your time and talent means to folks here. Everyone likes to hear from people "back home" and for some of our residents you are their only link with the old community. Again, thank you and Happy New Year. C. A. Archibald, Administrator THE CONESTOGA COLLEGE OF APPLIED ARTS AND TECHNOLOGY THE HURON CENTRE announces the following dates and times for registration and first classes: FULL-TIME COURSES (4 - 10 p.m., 5 Days Per Week) The equivalent of grades 7 and 8. Studies include basic English, mathematics, and science. TUESDAY, JANUARY 11 — 4:00 P.M. B.T.S.D. II The equivalent of grades 9 and 10. Studies include intermediate English, mathematics, and science. TUESDAY, JANUARY 11 — 4:00 P.M. PART TIME COURSES 7-10 p.m., 1 Night Per Week Per Subject) ENGLISH (Grades 7 and 8) TUESDAY, JANUARY 11 — 7:00 P.M. MATHEMATICS (Grades 7 and 8) TUESDAY, JANUARY 11 — 7:d0 P.M. ENGLISH (Grades 9 and 10) WEDNESDAY, JANUARY 12 — 7:00 P.M. MATHEMATICS (Grades 9 "and 10) WEDNESDAY, JANUARY 12 — 7:00 P.M. ENGLISH (Grades 11 and 12) WEDNESDAY, JANUARY 12 — 7:00 P.M. MATHEMATICS (Grades 11 and 12) WEDNESDAY, JANUARY 12 — 7:00 P.M. Registration will be held at the Central 'Huron Secondary School, Clinton, at the indicated times. FOR FURTHER INFORMATION OR TELEPHONE REGISTRATION CALL 527-1090 B.T.S.D. I BALL & MUTCH LTD. HOME FURNISHINGS THEIR ANNUAL CLINTON Presents... BIRD EARLY For the LIVING ROOM SAVE $90.00 CLASSIC DESIGN LOVE SEAT by KROEHLER One Only—No, C83.19-3—Full coil spring seat construction with spring edge, arm caps, Scotchguard cover of floral 199. gold and white contrasting welts (Exactly as shown). Reg. Price $289.00 SALE PRICE SAVE $25.00 1 ONLY—PLATFORM ROCKER by KROEHLER No. 142 — Cover No. 34720.10, Gold Matelasse. Reg.. $78.50 SALE PRICE SAVE $25.00 1 ONLY—PLATFORM ROCKER by KROEHLER 53 .50 *OM*" TABLES & LAMPS BUYS SAVE $61.00 7-PIECE DINING ROOM SUITE By HEPWORTH FURNITURE — No. 199 — As Shown — Built of Mahogany Veneer, African Walnut Finish — 1 48" Buffet — Half Shelf in Cupboard — 1 Hutch (2 framed sliding glass doors) — I Table 32"x40"x66" — One 12" leaf supplied — 4 Side Chairs — Upholstered Seats — Rog, Price $338.00 SALE PRICE $277.00 WE HAVE ONE OF THE LARGEST SELECTION OF HOME FURNISHINGS IN THE COUNTY. STORE WIDE SAVINGS $53.50 No. 142 — Cover No, 23015.8. Blue Tweed Reg, $78.50 SALE PRICE IMATTRESO & BOX f SPRINGS * SALE #1004* Aoftiv gss. CARPET SL 'Mr linton news-Record, Thursday, January 2, 1972 Hullett council worried about policing By.mARG Rupp n Saturday, • December 18, 1, the relatives and family of and Mrs. Lewis Dutot ered at Hotel Clinton for a rise dinner party. The ion was the twenty-fifth ding anniversary of Mr. and Dutot. fter the dinner, the guests e entertained at the home of and Mrs. R. Morgan, who been best man and esmaid at the wedding. * * * nother couple who were also rtained by friends and ly in celebration of their my-fifth wedding versary recently, are Mr. and Harold Black. A dinner y was held for them at ton Legion Hall. * * * r. and Mrs. Ed Porter, R. R. linton, spent Christmas with son and daughter-in-law and Mrs. Jack Porter and family, Jack Jr., 'Richard Cathy, in Wellington, r10. * * * have been given an BY NOLA LEE ast Thursday the Sr. Boys' ketball Team won the ratford Northwestern ketball Tournament for the and year in a row. They defeated St. Marys -37, Stratford Central 52.42 account of the New Year's Eve festivities at the Legion Hall which was a "gala affair." The ladies in long gowns appeared to outnumber those wearing short dresses and pant suits. In the crowd was noticed Mrs. "Red" Garon in a mauve chiffon grecian-style gown; Mrs. Dennis Bisback and Mrs. George Brown in white gowns; Mrs. Murray East in white and black; Mrs. Milt Schreiber in a hot pant, long skirt style in brown and gold metallic fabric; Mrs. Bob Bourke and Mrs. Don McLean in smart basic black gowns, Mrs. Ed Porter in black and hot pink print and Mrs. Hec Kingswell in black and green print. All the ladies looked very smart, many of them with lovely corsages. The men, who were not to be outshone by the ladies, looked very festive and handsome with the new look in colourful shirts and ties. At midnight the New Year was ushered in with balloons,, horns, streamers and hats and the traditional singing of "Auld Lang Syne." and in the finals they defeated Goderich in a close game 49-46. Pete Cameron averaged 25 points per game, Gord Lavis 10 points per game and Paul Bartliff averaged eight points per game. There were 10 different teams in the tournament this year. The Department of Correctional Services announced on Wednesday that the Goderich Jail would be closed in the very near future. A spokesman for the department said the decision to close the facility was taken following .a recommendation submitted by a department task force that has been reviewing the operation of all jails since the Department of Correctional Services assumed the responsibility ' for the administration of County jails in 1964. As a result of the work of this task force, the spokesman said, four old jails have been replaced by a modern regional detention centre, two others are being constructed and a fourth is in the stages of planning. The modern facilities will replace nine of the oldest jails in the province. The task force recommendations concerning the Goderich Jail will result in the closing of one of the oldest and smallest in the province. Despite the small size of the jail at Goderich the task force "fair" return , on their investment. In- 1968 (latest statistics available) the Federated Council of Sales Finance Companies listed major investors in sales finance companies. Insurance companies invested $310.7 million; chartered banks, $131.4 million; trust companies, $158.3 million; investment dealers and other financial institutions, $273.1 million; and non-financial corporations, $309.0 million. The total of this accounted for approximately 90 per cent of all debt investments in sales finance companies. These investors — the corporations, the banks, the trust companies, etc. — seek a reasonable return on their investments relative to alternative investments they might make. In the case of insurance companies, the earnings they make on their investments in finance companies, help to offset, the_ cost of providing insurance. In the case of banks and trust companies, the interest they earn allows them to pay higher interest rates to their depositors. The position of the finance company is similar to that of the consumer. It wants the investors' money to use in the operation of the business. Therefore, there must be sufficient margin to cover costs of operations and produce a fair 'return to investors. Then, as consumers seek a "profit" from their operations after expenses (interest on borrowed funds, rent, personnel, etc.) So, for each of the first three interested parties, a cost-benefit analysis precedes the judgement, and the "fairness" of the rates of interest charged or earned by the' parties are evident in their agreements to transact business together. The political interest is expressed in the, laws which regulate maximum charges for credit. Credit institutions are carefully watched by all levels of government. Regulation of consumer credit rates in Canada originated ih 1906 , with the Money Lenders' Act. In 1939, the Small Loans Act outlined more complete legislation. This act is presently being revised. Consumer credit charges by banks were legislated in the Bank Act until 1967 when revisions simultaneously freed the banks of rate restrictions, reported it has been operating consistently at less than its capacity and the cost of renovations to the 130 year old structure would be prohibitive. With the closing of the jail prisoners presently being held there will be held in the jails at Walkerton and Stratford. The staff of 11 at the Goderich jail are to be offered positions elsewhere within the Department of Correctional Services. No details were available from the department with regard to the fate of the building at this time. and required disclosure of credit charges as an annual rate of interest. Also beginning in 1967, the disclosure in a presented manner of annual rates of interest (and dollar costs) for consumer credit was made compulsory by provincial statutes. At the final regular meeting of 1971 lr'ld Dec. 15, Hullett township council voted to inform the Ontario Provincial Police that it felt the township was not sufficiently policed. Council specifically felt that the speed limit in Londesboro is not being enforced by the police. Council also sent a letter to the Huron County Board of Education asking for two payment dates for education taxes next year on June 30 and Dec. 15. A by-law was passed authorizing the township to enter into agreements with landowners for reforestation, Consent of severance was issued for sale of Lot 30, Con. 6 from Menno Martin to the Agricultural Rehabilitation Development Directorate, Building permits were issued to Gordon Shobbrook for a house, Len Radford for a roof over a manger feedlot and William Roest for an .addition to. '`,4 barn and milkhonse. Debentures of $8,000 were . issued for drainage projects. Administrative and general accounts of $3,533.36 were ordered paid as were the county levy of $57,303., education taxes of $43,002., drainage bill of $20,396.94 and roads account, of $5,140.08 for a total of $129,376.08, HHS Redmen win asketball tournament cond year running When a consumer wants credit, he expects to pay something for it, The charge, usually called "interest" is included in the monthly payment. When the credit is paid in full, the interest will be fully paid. The question of what is a "fair charge for credit" has at least four answers — one each for four interested parties in the credit transaction. These are the consumer, the investor, the finance company and political interest. For the first three, what is "fair" depends upon the difference between the cost and the benefit of the credit arrangement, as seen from their three points of view. For the fourth, "political interests" refers to the politician's view of the general feelings his voting population has 'towards what they think is a fair charge for credit. First, there is the consumer. He wants the credit. He needs to know how much the credit will cost. The laws of all provinces require the cost to be expressed •• both in dollar terms and as a rate of interest. So consumers can see in their credit contract what the cost of the credit is going to be. The consumer wants the credit in order to pay for something else. Therefore, the next step is for him to decide whether having that something else now is worth the extra amount the credit will cost. The difference between the cost to be incurred and the benefit of the something else largely determines what the consumer thinks is a fair charge for credit. He thinks in terms of cost to him and value to him. "Value to him" usually involves more than just dollars • and cents. For instance, he may want to leave his investments undisturbed so that his hopes of making money on them may be fulfilled. Or value to him may involve emotions, such as his discomfort when his cash balances fall too low. Or it may involve convenience — getting the use . of the goods while they are being paid for. Thus value versus cost, each of them measured in the consumer's terms, determine the fairness of the credit charge, Certainly, if the cost exceeds the value, it is "not fair" from his point of view. Money for the operation of consumer credit companies comes from a number of sources and each of them requires a What is a fair rate of interest for consumer credit?