HomeMy WebLinkAboutThe Lucknow Sentinel, 1980-03-19, Page 2Pue 2r—Lnellinow. Sentinel, Wednesday, March i19, 1980
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loans which are affected by the market," he
continued. "Set up a long term. 'loan and
discuss your finances with yOur banker."
Mr. Mcleod Said in individual situations
• that the farmer should have" good co-opera-
, tion between himself and his hanker.
-the
profits from the higher interest rates.
and Ontario farmers. In Quebec, interest the idea -of partners and: not to buy new tirari of Agriculture disassociate themselves.,; • ••
rates to farmers are:8 per cent and there is expensive machinery for income tax purpos
Another drawback is that farmers are all no limit to the, funds available to the farming es, Bill Crawford; Huron fieldman, reported
• community, the panel offered m; answer
"Aft a . drop . below ,
Beth the tile drain loans (at 6 per cent) and except Ontario could shoot funds out the machinery are to own 'larger pieces
Other answers for farmers Ioaking at 04-ii the membership,. er.
2,000, membership averageS , at the 2,014 cOmpeting for the. same. source- Of funds
artificial environment and more government
suggested that . Mark. 'farm credit (12 per cent) have limited funds. .same Way, The.drawback is' hat it creates in co'opeiativ.ely.'•Mr. Murphy
Memberg questioned 'the panel about
"As prime rate goes up so dO the d'e'posit
rates.' The higher interest is to stop borrovv-
ing," he said. "The farmer takes what the
marketgives hitn and' he can't take his own
price."
what they thought the future Would hold'for intervention. : 'the farming community, Although the 'farms Mr; .McEachern in general 'foresaw a
would tend to be larger units, the: panel disaster.
'hem Page 1
told effiOency is
aareed thai , the farmers would be younger,
- "Look around the room here. there is a
large nuMber of farmers here. under 36
years," said Mr.. Murphy,
It was suggested by Tony McQuaii, West
Waivanosh,.-that, there Should be a greater
td reabetween4s acid depositing
Y utnd to the high interest rates Would respo or
The meeting heard that John Phillips,.
editor of Town and Country, had Contacted
ilFA vice president Gerry Fortune, and
apologized for an editorial. that did. not' "go
whether anyone Will lie able to see if the tames that the rates would not likely :go "It is. not his intention to:offend anyone*"
economy is hurting and be able. to holdback. down and that , may look forward to 22 he added.
One farmer was concerned with the Per' Cent interest", ' * ' In respodse to.his 'editorial, Huron'
members requested that the Ontario Federa- difference in interest costs between Quebec: '.Farmers were encouraged' to explore'
"In'terest rates do make it difficult but
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they are not the only 'factor," he said, '
'It was suggested by the bank represen-
"PrOfits are not there and with redueirig
inventory more problems would be. created:
Young farmers are haVing to leave and the
farming community is really •suffering*". he
said,
'Mr, McLeod disagreed,
three more get together and apply .for a
syndicate loan at 11, per cent. the maximum
loan per partner is $1$,000 each or a total
loan of $60,000,
from the publication. .•
*from page 1'
Adjustment Classes with a teacher aid to be
employed to work With the regular teacher in
each class establiShed, was also given
appriwnl by the board.
In other-business, Bevan McNeil was
appointed Supervisor of 'Guidance Services
effective September Mr. McNeil has been
on a one-year leave of absence from the
Walkerton District Secondary School in
order that . he might serve as. Acting
Supervisor of Guidance Services. 1'
, In , prepenting a report . on • staffing
guidelines, Mr. J. L. 'Bowers, Director of
Education, reviewed present staffing, guide-
ri lines and ptopo als for the 1980-81 school
year'. This repO \ was adopted by the board.
regular meeting o be held April 1 at 4.30
The .board th7 . adjourned with the next
PIA.
Car vandahzed on weekend
A car owned by Alvin Robb of R. R. 3
LuCknow was vandalized late Saturday night
or early. Sunday morning as it sat parked off
a concession 13 sideroad in front of lot 11.
The car received .approximately $800'. to
$1,000 worth of .damage after all its windows
were smashed.
The Goderi-ch detachment of the tl.P.P: is
investigating and say two beer bottles were
probably used:n the attack on the car. They
have no suspects.
IF YOUR
ORGANIZATION HAS A
PROJECT WORTH
DOING THIS SUMMER,
THE SUMMER YOUTH
EMPLOYMENT
PROGRAM WILL HELP
PAY FOR STUDENTS TO
HELP GET IT DONE.
Does your organization qualify?
Established, non-profit
organizations and local governments
may qualify, to receive financial assist-
ance to hire students.
What projects should you consider?
To qualify, projects should
employ at least three students for six to
18 weeks, between the 5th of May
and the 5th of September. Proposals
must be of benefit to student partici-
pants and should be of lasting value to
the community.
Pro0,11 X11.11 hiake a cOntrilnitiOn
towards wages at the level of the
provincial minimum wage. .In addition.
the Program contributes :employee
benefits and up to' 2O; per person per
week to cover project, oVerhead costs
'Where do you go from here?
Information and project,proposal
applicatiOn forms are available at • .
.Canada Employment Centres or
Employment Development Branch, •
offices.
Deadline for project proposals is
March 28.
lb receive financial assistance to
hire stridents,-propiiiials -mhst be
submitted-(post-marked) no later,than
-March 28, Of course, it is to your
organization's advantage to submit its •
application as early as- possible, but
March 28 is the final deadline..Now's
the time to get that summer project -
off the ground.
111 sa. Errip4ment arid Emploi„et
III I!" Immigration Canada Immigration Canada
r.
What students will be employed?
Post-secondary or secondary
students intending .to return to school
in the fall, who are Canadian 'citizens
or permanent residents are eligible.
The Summer Youth Employment ana a
TOGETHER WE CAN DO IT THIS SUMMER „.„„ • ,
Ned end Paine Cote of Ripley sang country and western songs at the fourth annual Variety
\light sponsored by the St.; 's C.W.L. at the, Lticlmow Legion on Friday evening.
[Photo by Joanne Buchanan]