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The Lucknow Sentinel, 1976-02-11, Page 147 ' Fot."Farni, Town and Country tlome.Owneril. Can You the 4.1,600 tO $20;000 If you can effOrd menthty paymeete of ' $2146 you may borrow $40.60 you May..borrow $67.67 you, may borrow $94.73 you' may borrOvi. 'The above leant based on 16% per annum year. term 20. year amortijation Borrow for , any worthibile . purpose: To conselidate your. 'debts, fix the car, buy cattle, or a cottage! - FAST .-,-;`COURTEOUS SERVICE, — PLEASE CALL Gerald H. Wolfe PALMERSTON 343-3632 Representing , Arnold Highfft011 Realty Lid. Kitchener, 1-519-744-6251 Member of Ontario Mortgage Brokers Association '4. 01 X600; $3,000.00 $5,000.00 $7,000.00 market and free enterpriie situa- tion. In conclusion, as an answer to some of the reaction expressed Over the Prime' Minister's New Years: statements, may I borrow, a few words ,from Geoff Stevens, a noted columnist of the . Globe and "The Prime Minister was talking of the Canada of the 21st Century., His opposition seems intent on reviving the 19th century. Honest- ly don't you think we have taken too many great and forward steps • as' a nation in this the 20th century' - to want to go backwards now: After all 'the ultimate answer rests with each one of us." • ' Until next time, so long for now from Parliament Hill. Here's the answer for starting feeders safely„ and smoothly onto full feed with a minimum of problems. ur • Gain Peedlot Startpr(140)8vvt.GAurco 8-700 This is the progiam to start cattle onto full feed silage, hay, or grain finishing ration. 1 Feed at 5 lb. per head .per d y for 28 days. Fortified' with ideal levels of Aureomyciti and Sulphamethazine to treat respiratory diseases and minimize effects of stress': ISHUR•GAIN Contains good balance of essential mi nerals, vitainins and energy levels. All natural protein sources for easy digestibility. Economical, to use. This pelleted starter will move cattle' onto full 'feed without the 'expensive set-batks of "shipping fever" and itress-induced health .problems. • Available in bulk or bag's. Extra high molasses level assures excellent palatability. .-.ANPERS9N FLAX: PRODUCTS' .LIMITED... LUCKNOW PHONE 528.2026 Imeonmeenno PAGli POURY11194 THE LUCKNOW SENTINEL, 14UCKNOW, ONTARIO WEDNESDAY, FEBRUARY 11, 197C 76 . BY CRAWFORD DOUGLAS BRUCE=GREY c.Iw1111M/1 wow% :Greetings once again from ' Parliament Hill. Following the long and costly, and to my way of thinking, in many ,ways unneces- sary, postal strike, it is certainly a jay toile able to communicate with `you once again • through. the MediuMof our weekly newspapers. Well the Prime Minister certain- ly-04"a 1975 with, a' bang. Not sinire the electioii campaign in • 1974 has there been. as much attention given to Pierre Trudeau by the news media and Canadians in general. • According to some reporters, newscasters and politic- ians, the Prime Minister sounded, the death, blow to the free enterprise system. This statement has been repeated many times in private con;fersation, in political ' speeches and on the air during the past feW weeks. To my mind, such a statement is as unfair as it is inaccurate. It is inaccurate because the Prime Minister. at no time advocated the destruction of the free enterprise system and I challenRe anyone to find any statement made by the Prime Minister that does actually advocate the dismantling of , free enterprise. Quite on the contrary, the Government has regularly introduced legislation to encourage free enterprise by increasing competition, by assisting small businesses' and by encouraging investment by. individual Canad- ians in Canadian companies where- ver Possible. As examples,. there are the Government's Competition • Policy as , implimented by amend- ments to the Combines Investiga- tion Act, 'the creation of the Federal Business Development Bank, the creation of the Canadian Development Corporat ion with •an invitation, to he Canadian public to investin the Canadian company operating . in the free' marketplace. °. Could it be that , some People have jumped the gun and condern- . ned the Prime Minister? Perhaps some did not hear nor see the interview in question or having done so, relied more on the uninformed and misleading state- 'ments made by the press than on the answers made to 'the particular questions. Perhaps it would do us well to remember that back in 1972 the Government' was accused by the N.D.P. of favouring the "Corporate Welfare Bums" ' by providing / private enterprise in Canada, tax incentives to increase their capital investment and plant expansion:, On October 13, • 1975, economic controls were iniposed on the Canadian ,marketplace. • This was done by the Government with great reluctance. The Prime Minister never hid the fact that he disliked controls but when he was forced by, economic circumstances to take that reluctant Step, he did so. • However, in my view, what was on the Prime Minister's mind during this, period of decision • has been on, all of our minds in recent times. In a complex, society such as ours, -- when things go wrong -- Wen uneMployment is on the rise as a result of a slowdown in .economrc. activity -- When prices Still continue to climb, how to you react?, What do yon • , Yet here in 1975, we eXPerienced in Canada and in fact throughout the Western World, zero growth and still nFices, are going pup = in Canada more than' 11 percent And in other, industrialized' countries Pp to 28. percent. One explanation for this phenomenon, is that since the 1930's; there- has been a growth in' tlie size. of the corporate entities, a' reduction in the number of these CompanieS engaged in any* given' sector of the economy as well as an increase /in the number and Size of labour unions.. As ,a result of these, relatively new structures, the marketplace has changed. The law of supply and demand has lost some of its predominance. Corporations are able to maintain their prices' and in some instances, . are' able to. increase them although there is a reduction in demand. Wages and salaries have also increased even - though there • are more people unemployed. .Just recently you had the example of the teacher's strike. Teachers asked for substantial increases in salaries even though there are a growing number .of teachers looking for work. In • addition, I have' to admit .that Government • at all 'levels has increased its demand on national productivity. What does all this, mean? Well, it simply means that the market- , place has been put out of joint, and therefore, controls were .put • in place -- controls aimed at those powerful corporate entities and big , 'unions, who could determine what prices they would charge And what wages they would demand, indep- endently of the conditions affecting the marketplace. To avoid • economic chaos unparalleled since thelgreat depression, certain action on the part of all Canadians was demanded, thus the government has instituted controls. The' purpose Of these controls and the goal of this Government is to regain economic stability, It requires the cooperation of each and every one How, long will these controls have• to, stay, 'in, place and, will the nature of the. se controls, change? On this ' questiqn,_ there was speculation on the, Prime, Minist- er's part. However, there was no statement that controls were to be maintained indefinitely nor that our' economic ofpolitical .systems were about to be.transformed in.'. any way. I would also point out that at no time has the Prime Minister, nor Cabinet, ever shown any tendency toward the nationalization of any company or interest in the private sector nor have they manifested a penchant for experimentation at the expense of national', institu- tions. To my way of thinking, many of the questions put forth in the New Year are best answered by ourselves. It is only when we accept the premise that our min and our economy is, on a cbllision course with disaster if inflation is permitted to -continue, and if demands by any segment of the economy are allowed to outstrip productivity, that we must return to the basic concepts of the free enterprise system, of an honest days wages for 'an honest days work and similarly,, honest competition means' honest value for produce, In ' this way, Canada as a nation may return ence. again to its rightful place as a world leader in a free is g. t t.