Loading...
HomeMy WebLinkAboutThe Exeter Times-Advocate, 1973-11-29, Page 14Best Interest We represent many irteSt Companies.. We are Pften oWe to arrange for the highest interest IPP- in9 offered on, Quoranteeel investment Cer- tificates.. * 3/ Todays Rate 8 10 Guaranteed Trust Certificates are term deposits by which $100.00 or more can be left on deposit for periods of one to five years . — interest and principal are fully guaranteed ... ideal for churches, societies and ossociations as well as private investors . , . an excellent -legal investment for estate funds. All companies represented are members of Canada Deposit Insurance Corporation. Every depositor is insured up to $20,000. HODGSON LIMITED INSURANCE — REALTOR EXETER 23$-2420 * Subject to change clomeggin g Otero olrorcleis ehrisitnaz Today's together looks — in parts to mix well with one another. See . . . Impeccably tai- lored suits. Wool or blends. Distinctive patterns or in solids. The new casuals. Great plaid and check sportcoats. For leisure, for busi- nesswear. Slacks in classic styling with tuffs. For pepping up; toning , down. Dress and sport shirt's. Patterns, solids. AND 414 otdot ttD. .i.4.114ilot Men vie Said: "Vieoat det rue, &lee diaotoodil?'' .54 Sava: #?614 ektarmad " Art He then went to see t415anylk, ell JEWELLER MAIN ST EXETER WIN A TRIP TO FLORIDA WHATEVER THEIR SPOR HERE'S THEIR • Hockey • Broomball • Skiing • Bowling • Jogging • Tennis • Baseball • Curling VISIT THE STORE WITH THE STOCK H & K Sport Centre Trophies - Engraving Sporting Goods Main St. Exeter 235-2261 BALL :NIA4ULAY BUILDING CENTRE * 4. 74 xi- • At no time of year is the natural beauty of paneling appreciated more than during the holiday season. You still have time to panel any room. Mountain Hickory Elegant in appearance, yet appeals to everyone's tastes, Lexington Oak An old look of ruggedness, yet radi- ates beauty and warmth: Spicewood Always beautiful, always among the most popular paneling. 'Country Club Walnut Drop in and look at our fine selection staiting as low as 4.29 per 4x8 sheet. BALL•MACAULAY LIMITED CLINTON 482 -0614 HENSALL- 262-2713 SEAPOkTH 527-.0910 4400- voot 24eeft4 ;Z) Page 14 Tirrte•40.Vocate.t .NRY•tnber 2ti!, 1.97a I Osborne 8 Hibbert Mutual Fire Insurance Company HEAD OFFICE — EXETER 235-0350 Extended Coverage (wind, smoke, water damage, falling objects, liability, etc.) is also available DIRECTORS AND ADJUSTERS President, Timothy Toohey RR 3, Lucan Vice-President, Robert Gardiner RR 2, Staffa Clayton Colquhoun RR 1, St. Marys Martin Feeney RR 2, Dublin Ray McCurdy RR 1, Kirkton William Chaffe RR 4, Mitchell AGENTS Ross Hodgert Woodham 229-6643 Hugh Benninger Dublin 345-2001 Clayton Harris Mitchell 348-9051 Amendments to the Ontario Loan and Trust Corporations Act that will among other things, permit specialized mortgage investment companies to be incorporated in Ontario were passed by the Legislature, Specialized companies can take advantage of the conduit or "flow through" tax treatment that will be provided with passage of Federal legislation, Other amendments will permit Loan and Trust Companies to be Incorporated with either par or no par value shares. They will also permit amalgamation of trust companies and loan cor- porations. One amendment provides for regulation of the form of disclosure of terms, conditions and interest rates in lending and mortgage tran- sactions. The restriction limiting second mortgage investments to 5 percent of all mortgage in- vestments is removed and loan and trust companies will be permitted to invest in and operate subsidiary mortgage finance companies. Metro's 3 million dollar Dial-a-- bus experiment in the York Mills area has met only lukewarm public response in its first three weeks of operation. The buses travel with only one third to one half of their potential load even during rush hours. The 17 seat mini buses which deliver passengers from their homes to the subway rarely have carried more than 5 or 6 passengers a trip in their first three weeks. The special bus service in which you call a bus by telephone at least an hour before you want to leave home cost 40 cents a trip without transfer privileges. At present passenger loads, the service is costing a subsidy of more than 75 cents per trip. Mrs. Birch, Cabinet Minister responsible for Youth denounced Ottawa's opportunities for Youth and Local Initiatives Program. "They have created a large group of professional grant getters, people who have become very skilled in writing briefs to the Government at getting more funds to create more non jobs." According to Margaret birch, Minister without Portfolio, "These people are active all across Canada playing what really looks like a shiny new game invented by the Federal Government - a game called "invent the social service" or "find a new need". Mrs. Birch claims that the money handed out in grants were never adequately managed by the Federal Government. There was never adequate supervision or accountability within the project. Without clear ac- countability the money paid out resembled allowances more than it did salaries. She said the projects selected seem to be picked on the basis of how they' would sound in Ottawa press., releases rather than by any hard scrutiny of the benefits they' would bring to the communal", around them or to the people*. employed in them, Her comments came after the Federal Government indicated its might increase this year's Local Initiatives Program ex- penditures from the present 85 million dollars. Ontario Energy Minister Darcy McKeough is in no hurry to im- pose a 50 mile an hour limit on the' Province's Highways but he is willing to reconsider the matter if the Federal Energy Minister ask the Provinces to cut highWay speed to conserve fuel suppliesij Mr. McKeough was less keen on a possible ban on Sunday driving, as he indicated that there would be a real problem deciding just who should be granted exemption from any such ban. Premier William Davis was attacked by Stephen Lewis, Leader of the NDP party for not producing a statement on the implications for the Ontario economy of the energy shortages. Ontario Attorney General Dalton Bales, said he objected strongly to some provisions of the Federal Government's proposed wiretap legislation. Mr. Bales refused to specify exactly what his objections were when, asked in the House but said he objected to, wide powers given the Federal Solicitor General to, authorize, wiretapping. , • Commenting an reports, th%ti g, Legislature Committee drafted, calling for 80 percent Canadian hiring by 1980 in Canadian Colleges and. Universities, Ontario Premier William Davis said lie favours a high percentage of Canadians among College and University teachers but he does not want quotas that could ex- clude competent foreigners. Attorney General Dalton Bales gave a lengthy ministerial statement outlining the recommendations made by the Ontario Law Reform Corn- mission. The two volume report on the administration of Ontario. Courts suggest that every person accused of a criminal offence should be brought to trial within 90 days of his arrest or summons. Other recommendations are as follows: — Creation of an Attorney General's Advisory Committee on Court Administration with representation from the Bench, Government, the legal large; prefeions and the public at — Creation of an educational and research facility in Court administration; — A greater exercise by the Attorney General of his power to bring serious criminal cases before the High Court; — Reduction of the number of centres at which the High COurt may sit from the present 48 to 32; — Reconstitution of the County Court, District Courts, County Court Judges' Crimifial Courts, , District Judges Criminal COurts, and the Courts of General Sessions of the Peace as a single Fog affects _- dance crowd By TOM LESSARD HURON PARK A heavy fog blanketed The Park and was the main cause of a small crowd attending the Minor Hockey dance last Friday. Those who did attend enjoyed the music and the efforts of the committee. Attention snowmobilers: a membership meeting is to be held at 8.30 December 12 at The Albatross. Be sure to attend and bring your snowmobile .friends. December 2 at about 6,p.m. the fire fighters will be. calling at every household to canvass the number of children per family. On the 16th of December Santa has kindly consented to visit The Park. The Cubs and firemen will accompany him on a parade down every street. As in other years bags of Christmas goodieS will be distributed. court with one name to be decided by the Judges them- selves; - Adoption'of a policy under which all County Court Clerks will be legally trained; — An end to the practise of naming County Court Judges to Police Commissions; — Abolition of the present distinction between High Court hearings in Court and chambers — the transfer of many civil appeals and all summary con- viction appeals from the Court of Appeal to Divisonal Courts; -- Year round operation of all Courts; — Abolition 'of civil juries except in the case of' actions for libel, slander, malicious arrest, malicious prosecution and false imprisonment. Health Minister Richard Potter told the Legislature that he in- tends to get tough with Denturists who are flouting his new law, compelling them to become licensed Denture Therapists. The Denturists have until December 7, to register for a third set of qualifying examinations and stop practising as denturists or face prosecution. The Denturists Society bitterly fought the act which brings its members - once they qualify under the supervision of dentists cutting off direct dealing with the Public. About 80 denturists have qualified in two previous examinations this year. There are an estimated 150 to 200 still making false teeth illegally in about 85 clinics in Ontario. Ontario Education Minister Tom Wells, refused this week to raise the announced 1974 Provincial ceilings on school Board spending despite criticism that the ceilings are increasing teacher and pupil ratios and are creating situations where students, lack textbooks or laboratory equipment. Canada leads all countries per capita education spending, except for Sweden, Ontario tops all other Canadian provinces in this regard. Environment Miniiter James Auld did an about fade and an- nounced that after recon- sideration this Ministry's in. spectors will prosecute drivers who removed control devices from their cars if they did not put them back on after a warning. He said the current Ontario stan- dards are adequate and the Federal Government should not require Automobile manufac- turers to install devices which reduce exhaust more than the nresent controls. • • Rural • Industrial • Residential s. FREE ESTIMATES Call Exeter 235-0909 Insures: • Town Dwellings eAll Classes of Farm Property • Summer Cottages • Churches, Halls Oy JACK RIPDELL, HURON. MPP