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HomeMy WebLinkAboutThe Brussels Post, 1979-11-07, Page 4United Co-operatives of Ontario Belgrave & Auburn coop Branches Annual Meeting 13Iyth &District Community Centre SLYTH, ONTARIO Fri., Nov.23,1979 BANQUET: 7:30 p.m. DANCE to follow MUSIC: by MORAN BROS. Adults $4.00 Children $2.00 CO OP Farmers ... `We ore ready to receive your Fall Corn Crop We buy, sell, store & custom dry Trucking available A complete line of Stewart seed corn is available RYAN ,DRYING Ltd. Brussels Walton, Ont. Seaforth 887-9261 527-0527 Taxation: An Introduction Case Study income Taxe be ke s' shou/d rightfpt t o a aliniinurn. ully abo Is, the tut : Now .inle to find out .i'a.-x. Tz)oottle Calculation .,. Calculation, ; En d; fear incorpOratI O Div idends, q Speciali s t ueStionS. on hod to nswer 11 THE BRUSSELS POST, NOVEMBER 7, 1979 High interest leaves some farmers in. shock • BY ALICE OIBB Frank Wall, a Member of the Ontario Federation of Agriculture (GFA) executive, told members of the Huron County Federation of , Agri' culture that he thinks the current high interest rates will "seriously jeopardize our way of production, what we produce and how effic, iently we produce it." Mr. Wall told the meeting the interest rates are going to create problems for farmers due to the "high cost of short term money," He told federation mem- bers there wasn't any re- solution on interest rates submitted for discussion at the upcoming OFA conven- tion in Toronto at the end of the month, which surprised him, Merle Gunby, president of the Huron County federation said, "I think we're still in a state of shock, Frank." Mr. Wall said the reason given for higher interest rates was as a, curb for inflation, but he said if farmers can't get -short term money, and food supplies become scarce, then prices will increase anyway. He said for example he didn't know how long corn growers will be able to stay in business if the costs of energy and the costs of short term money keep rising. Mr. Wall was speaking to federation members on the proper way to draft re- solutions to the OFA conven- tion. He told members that people who set up re- solutions must make sure they do their homework well, before presenting the re- solution to the OFA board of directors. He also criticized "pro- paganda sheets" which are telling the public that if the government would get rid of marketing boards, "then everything will be alright." Mr. Wall said nothing is needed more than getting the farmer's story across to the public. TAX EQUALIZATION In other business, the fed- eration received replies from six of the county's 16 town- ship councils about the 1980 revised tax equalization fac- tors. The federation wrote to the councils to see if the farm organization and the councils could co-ordinate action on a campaign on the factors which are expected to in- crease taxes in rural areas. The councils from Howick, Goderich, Usborne, McKil- lop and Stephen indicated they would be interested in a joint meeting with federation members on the issue. Hay Township council re- sponded that they weren't opposed to the new equaliz- ation factors. Hay is the only Huron County township which won't face any real change in equalization fac- tors. The federation members voted to send a letter to the 16 township councils indicat- ing the need for a joint meeting to discuss the issue at some future date. The federation also receiv- ed a response from Minister of Agriculture Lorne Hen- derson to a letter sent to the minister criticizing his stand on farm severances for retir- ing farmers. The minister told the. federation the severance issue is "an issue I feel strongly. about." He said, "A farmer should be allowed a lot on which to retire or a lot to help get his children started on the farm. am not against a farmer building the extra house on his farm if he wants to but I think he should have the option of an extra jot " Jim McIntosh said he didn't feel the minister had backed up his arguments for severance in the letter, Merle Gunby said, "These so-called farm severances are'usually only used for that purpose for less than live years," Frank Wall told the meet- ing statistics indicate three or four years is all the time those severances remain in the farmer's hands. Gerry Fortune asked, "Does, Mr. Henderson own a farm and is he thinking of retiring soon?" Max Demeray suggested when the retired farmer is done with the severed parcel of land, it should revert back to the original farm. Mr. Wall said, "then we don't need a severance." Bob Robinson requested that the federation reply to Mr. Henderson's letter ask- ing the minister to state what the lot. protection for the there is who farmer the farm owns the someone else lot is when severed buys from 1111111 Mil I at The Royal Canadian Legion, Wingham at tel.: 271-5650 [collect] • • • Management Seminar, Federal Business Oevelopment Bank, 1036 Ontario St., Stratford on Thursday, Nov. 22, 1979 9.00 AM to 4.30 PM REGISTRATION: 8.30 AM Would you like to attend? if your are interested, please complete the registration coupon, anci*MaiHt along with your cheque for $30 per person. For further information, please contact: PETE HUXTABLE A Management Seminar I NMI Mill OM VIII I= NM BUSINESS FEDERAL MANAGEMENT DEVELOPMENT BANK SERVICES I will attend the business management seminar at iW ngham Name(s) Address Postal Code Tel : Reglstration-Fee of1130.hncludes luncheon. qt 1 » MINI IIIIII MR MIN MN MEI MEI 1101 MI on Nov. 22, 1979