HomeMy WebLinkAboutThe Wingham Advance-Times, 1964-02-27, Page 2Page 2 Wingham Advance -Times, Thursday, Feb. 27, 1964
Canadian Pension Pian
Rec. Association
By GRAHAM F, TOWERS Euchre Party
BLUEVALE--Another success-
ful euchre party was held in the
'community hall on Thursday
es ening, sponsored by the Blue -
;ale Recreational Association.
Thirteen tables were in play,
Prize winners were: high
score for ladies, R. J. McMur-
ray (playing as a lady), men,
'George Hetherington; low score
for ladies, Mrs, Victor Haines,
men, Alan Breckenridge; lucky
icard for ladies, :'rs, Art Edgar,
for men, Jim Johnston Jr.
The committee in charge
was Mr. and M:s. George Fisch-
er, Mr. and Mts. Mungo Mc-
Farlane, Mr. and Mrs. Jim
Wright.
A Blank Promissory Note
(Excerpts from an address rprograr.e. that adequately trees
Mr. Towers to the 117th ane::.a; the varying needs of the Can -
meeting of the Canada Life ;ad:an public, the present Gov-
Assurance Company of wiz:chlie ernment i:as proposed what per
-
is chairman of the Board.) .ports to he an earnings -related
I would like to mane a few ;contributory pens plan.
general comments on the pro- • But when we examine the
posed Canada Pension Paan. :proposed plan. we find that .t
Life Insurance is a cep -opera- is nothing more than a transfer
tive institution in that man-. :pa:ment from one generation
people have joined tegether in • to another, This plan proposes
order to plan for and protect to pay pensions, based on earn -
their own, and the:: fa^:. -les Ings. to ...: side: citizens o...
future, I believe that we as .. tee ccntrIbtat:ors..based cr.
their employees have a :espon- ea- nags. ,°f: c yo..inger. ens,
sibility, and a right, t;: spear; each generation as it cont:: -
when their interests are tl. eat- :cute.; receives a promissory note
ened. which :t in tern will present :c
One could lope that a d:a- the next 'generation k: pay-
logue between the Federal and n -vent. As the plan :s presently
provincial governments on the constituted the frill face amo' nt
Canada Pension Plan is develop- of that note will riot ae ,now:
ing. The latest Federal grope- for at least 33: years.
sats, as repotted in the press, Noth:ng in the history afro -
appear more moderate and per- coal welfare programs encot c-
haps, can serve as a nsefu: ba- ages one to believe that the
sis fct d:sc:ission. Unfortunate- yo.:nger k en eratio n will pay for
ly public debate up to :lew does others now, and not claim ad -
not seem to have conte::::ted tc d:t:onai benefits rater. Realism
a carefal consideration of the demands recognition of the fact
pros and cons of the proposed that the benefits, and therefore
plan, or of any other plan. It , the costs, will rise, particu-
wouid seem to me that one of r -ally as the contributors will
the basic criteria shot d be •have a justifncaucn for their
simply what is best for the in- demands based on previouscon-
dividtral and for the country. ttibutions.
The two are inseparable and we The historical concept of a
mist avoid the trap of trying to ipension :s the individual saving
do something for the Ind:yid:tai 'out of earnings to provide funds
and failing because :t did not for his retirement. Placed with
wore out sat:sfactor:ly for the financial institutions or self -
country as a whole. . adc:nistered, these savings be -
Our current Old Age Pension cote available to the whole
Plan is a transfer payment with nation as investment capital
no pretense that it is :elated to ;while the interest earned aug-
contributions. While it is sup- ;merits the funds available at re-
posed to be financed by spec;- ti:ement. It is estimated that
fic taxes, the revenues generat-pension funds are currently fin-
ed have generally been nnsuf- vesting Sura:}, OOOO,���3 in securi-
ficienr, and the plan has re- ties, thus providing 2ri percent
qu:red support from the general f of the approximately $3,000, -
revenues of the Government. A !009, W.! of new capital raised
pay-as-you-go flat benefit plan ;annually in the market place
is designed to provide a mini- through the issuance of bonds,
mer. pension and w ren the `stoczs, and mortgages.
benefits are increased, the pre- If the proposed approach for
sent generation of voters must ?providing pensions is ample-
ir med:ate!•.' pay the increased rnented, it would seem reason -
taxes :ec..::ed. able to expect that all existing
In an effort to establish a ,pension plan benefits woeld be
mere ce preteens:ve pension !revised thaw::ward, and trecon-
What's new
in your home?
A home contents inventory
may show that s ou'c a acquired
a surpris,ne number of new
possessions. Make a rr:'om-by-
room list of everything sou
own. The: total up its present
value. You may find that your
present insurance on home
content, falls far short of the
amount sou really need. If so,
call us for more up-to-date
protection through a Home-
c'v,ners polies.
W. B. COMM, CLU
INSURANCE AGENCY
Complete Insurance Coverage
Agents for—Manufacturers Life Insurance Company
5 JOHN ST. W. WINGHAM PH. 357-2636
WIN THIS
4 INCH ELECTRIC DRILL
tr:ea:tons c.•rrespond.ngl, re-
duced.
Canada does not currently
generate Internally st,ff:crone
capital to meet its reet:nre r. nts
and I suggest that the effects of
the proposed plan c;,..ld mate:-
tally hamper our :.here
mecon-
o.c development.
I have on:v te:Cited an two
traps which -ra :vers of a pen-
s.on plan s:meld he aware of. or
•r: the. iong :::n. the plan will
fa:: the : d:.:dt a: Because it
failed the counts, as a whole.
Ey the very nature of life,
all .nations have economic prob-
?errs. bet Canada's appear to
be accentuated because i, came
into being in response to ex-
terna: farces as a federation of
f.'.e diverse economic areas. It
may be an exaggeration to say
that we have lost the sense of
national purpose that existed
during the period in whichCan-
ada was developed, but it does
not seem to be in the forefront
of our minds.
A Federal Parliament com-
„posed of five political parties,
none of whom appear to have
broad geographical support, pro -
x duces a minority government.
This surely reflects the diver-
gent trends operating within the
nation,
In many respects, we are
faced today with the same prob-
lems that came to light in the
1: re's, The responsibilities,
i and still more the ambitions of
the provinces and municipali-
ties, are not equalled by their
sources of revenue. In a searchi
for additional revenues, they
find that the Federal Govern-
ment, which possesses t,,e broad-
ly based taxing powers and has
I itself assumed heavy responsi-
bilities, is predominant in the
only field available -- direct
i taxation,
During the post-war boom,
with national income growing
rapidly, there was a min*mum
of conflict over the precise
share that each region receiv-
ed. But our slower growth since
• 17 served to highlight the
discrepancies that exist; dis-
c:epan,:ies that complexFed-
erai- Provincial Ta:.. Agree-
ments for more than 2. years
• have attempted to alleviate.
While transfer payments of
one sort er another from, ...E' Do -
.'~,inion tc -::e provinces have.
.fisted -:r ce the time of Cor.- '
federation, it wan le the .1.:4-1,'s
that it was accepted that cer-
. rain minim -err. standards should
• be as ailabie to all Canadians.
This meant that through, the
medium of Federal transfer pay-
ments, the nave" provinces
would contribute something to
the -have note: There are now
growing signs of dissatisfaction
with. these arrangements, not
only in relation to transfers to
the less wealthy provinces, but
i aisr. to Irte share of tai: reyen-
.es claimed b; rhe Federal
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BLUEVALE
Mrs. Jos. Smith of Brussels,
was a guest of M:, and Mrs.
Harry Elliott for a few days last
week.
Reeve A. D. Smith was
elected a director of the Huron
County Children's Aid Society
at the annual meeting of that
group in Goderrch on Wednes-
day.
A number of young people
attended the hoc: ey match at
Kitchener on Sunday afternoon
when Bob Hetherington played
on the Hamilton :ham, the Jun-
ior Red Wings.
ST. HELENS
hlr. and Mrs, Roy Hawley
and Leslie Anne of Oshawa
spent the week -end with her
parents, Mr. and :.:.s, Lorne
Woods.
Mr. Archie Aitchison has
been visiting Mr. and M:s. Bob
Aitchison of Ilderton,
Mr. and Mrs. David Gil-
mour and Jeffrey of Toronto
spent the week -end with her
parents, Mr. and Mrs. Harvey
Webb.
Messrs. Fred McQuillin and
George Kennedy attended the
Fairs' convention in Toronto on
Wednesday and Thursday.
A capacity erewd enjoyed
the slides of Mr. and Mrs. Gor-
don Montgomery on Friday eve-
ning. The Whitechurch Y.P.U.
play was well received. A rec-
ord hop followed.
Mr. and Mrs. Fred McQuil-
lin attended a birthday party in
honor': cf their granddaughter's
first birthday on Sunday at the
home of Mr. and Mrs. Barry
McQuillin.
LOL Euchre
GORRIE—Seven tables were
in play at the L, O. L, euchre
in the O-d::F:: Hall on Wednes-
day eere-. Winners were
Joyce He.t: el, the ladies
prize and Oliver Riley rhe reeds
prize. The door prize went to
Ted Newt ,n.
Goyernm rt to help meet its
expenses welch, of course, in-
clude ver: large sums not only
for transfer payments but also
for the su-;.ailed conditional
grants.
Nowhere has the feeling of
dissatisfaction been more in
e,.denee than in the province
of Q.:r"ec. I sometimes won-
der whether residents of that
province, understandably pre-
occupied with their own spe-
cial problem, realize that they
are by no means alone in their
quarrel w.rh, the present shape
of Confederation. Their strong
views can inspire or stimulate
a "me -toe" attitude in other
regions of the country. It
would not b. difficult to pro-
duce a regional dog- fight more
intense than any we have had
before -- a fight from which no
one wo.ild emerge unhurt.
Fortunately there are many
voices of reason and modera-
tion. It is nth+ impression that
more and more people across
the country are corning to real-
ize that we are in a decidedly
difficult pe nod of our constitu-
tional history. The more these
problem. aa. thought about and
reasonably discussed, the bet-
ter c.ur chances for finding soli,-
.tions.
olertions. 'These will never be per-
fect, and r6crefore they will re-
quire a considerable degree of
rn ltual understanding and re-
stra int.
1
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THAT PROTECTS CALVES FROM DEADLY BLACKLEG
This once devastating disease has long been under practical control, yet today
blackleg continues to be the cattlemen's greatest menace.
Potential blackleg outbreaks are almost always present. Only constant vigil-
ance to see that every calf is carefully vaccinated keeps blackleg from taking a
disastrous toll of deaths.
If vaccination against blackleg is practised extensively, the blackleg germs that
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Two Attend
Conference
From Wingham
Declaring that funds to meet
the growing needs of cancer re-
search demand a campaign ob-
jective of S2,000,000 in On-
tario this year, P. C. Garratt
Jr., campaign chairman for
Ontario Division, Canadian Can-
cer Society, urged his campaign
chairmen to increase the size
and efficiency of the canvas-
sing force for the April cam-
paign.
"Every effort must be made;
he said, "to improve the can-
vassers' knowledge of the So-
ciety's important programs of
Research and Public Services,
as this will build enthusiasm in
the campaign team and through
it ever increasing public sup-
port."
Mr. Garratt was speaking to
300 campaign chairman from
across the province at the Can-
cer Society's 18th annual cam-
paign conference in the West-
bury Hotel, Saturday and Sun-
day.
Attending from Wingham
L'nit and Branches were Robin
Campbell and DeWitt hillier,
Guest speakers were Dr. R.
J. Rossiter, head of the Depart-
Ment
epartment of Biochemistry, Uni-
versity of Western Ontario, and
the Rev. Richard Jones, Toron-
to, Executive. Director, The
Canadian Council for Chris-
tians and Jews. In support of
the chairman's remarks, br.
Rossiter stressed the magnitude
of the work being done in can-
cer research, and the Rev.
Jones spoke of the wom dISO be-
ing done by rhe Society in al-
leviating human suffering.
Brussels Girls Await Opponents
Belgrave beat 10th Line 2-0
in a game in the Men's North
Huron Broomhall League series
last Thursday.
Three games were played on
Monday. Brussels won over
Cranbrook 2-0; 10th Line beat
Walton 4-1 and Brussels beat
Cranbrook 4-1.
In the Girls Semi -Final
series, Brussels took Blyth 1-0
on Thursday night. On \londay,
Brussels again trimmed Blyth,
this time 2-0 which gi c: the
Bnissels iris the win in a best
2 of :3 series.
Wingharn and Wingham X
played on Tuesday night in their
best 2 of :i series, which turned
out to be a tic game. Neither
teams scored a goal. The win-
ning tears will play Brussels.
REVIVAL SERVICES
At the PENTECOSTAL CHURCH
CENTRE STREET, WINGHAM
Come and hear the anointed ministry of
EVANGELIST ROBERT DAVIDSON
from Rathfriland, Co. Down, Northern Ireland
Commencing SUNDAY, MAR. 1 to SUNDAY, MAR. 8
Sunday services -10 a.m., 11 a.m., and 7:30 p.m.
Weekday Services—Tuesday to Friday -8 p.m.
Come with your family.
$ JOHN W. HAMMOND, Pastor.
1
:L #t. aurebt
..t.
(ANGLICAN)
L 4./
9'
THIRD SUNDAY IN LENT — MARCH 1 '.LL'
9:45 a.m.—Sunday School. t.11:00 a.m.—Holy Communion.
Wed., March 4—Lenten service, 7:30 p.m.
t-a»�-Y•�- �-••a-f-�•t-•y-Y-t»tti :»:»:--.'»!-•D-'�s4 :--.moi-.'-:-�w'ro'�-.'-:-� : � o'er: l.:
iniuAll1
Rev. C. F. Johnson, L.Th. -
Mrs. Gordon Davidson
Inewayammusasommemm
Rector
Organist
s
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