HomeMy WebLinkAboutTimes-Advocate, 1985-11-27, Page 9INDUSTRIAL GROWTH FUND:
Averaging 20%
for 15 years.
Over the past 15 years, Industrial Growth Fund has averaged
a full 211.2% in compound annual returns.
It's done well over the short-term, too. (Over the past 12
months, it's up 21).7%.)
Hut, impressive as that record is. there's much more you should
know Hell ire you invest, fill out and return the coupon. or call
Gary S. Bean, 344 Andrew St. E., Exeter
NOM ISO 235-2231
•
Please send me more information on Industrial Growth Fund.
NAM E
I ►I 11tT1SS
POSTAI. Cr H ►f-:
Itf.•�ulr nrr1 11{n.l1 M'` •1
(PSP)
1 kmniniunS I'hf old
Gary C. Bean
344 Andrew St. S., Exeter. NOM 1SO 235-2231
'All figures In Sept. 311. I9$5. with dividends reinvested l ►llcr made only by prnax•i lei
Foodland Hydro H�arrep
ly. (O'Connor did not attend that willing to make a change.
meeting). Thompson compared the hearings
O'Connor said the line was going to
go through, and opposing it through
hearings just added enormously to the
cost, which would be borne by the
taxpayers.
Hay Reeve Lionel Wilder. a guest.
wanted to know if f'H was prepared to
negotiate to locate the line where it
would have the least impact, in case
the board decides the line will come
through Huron.
Thompson said Flf's mandate was
to represent its members at all
stages. He stressed the importance of
the hearing planned for Clinton as a
forum to present petitions concerning
route deviation. Wilder said no
elected politician could go to a hear-
ing and say the line shouldn't go on
this farm, it should go on that one, and
reminded Thompson the Huron Coun-
ty planning committee is also com-
posed of elected officials.
Zurich Reeve Bob Fisher said. it
sounded to him as if the line will go
where OH wants it because no one is
Chairman Robert Wedlake inter-
jected to say no one had asked the OH
to a game of poker.
Westlake said he felt everyone was
being duped, and the first route being
turned down and not appealed was a
ploy by 011 to gather sympathy when
they tried the second time to bringthe
line south as he believes they'had
wanted to from the beginning. He
wanted to know if any compensation
was available to the community,
which would have to live with a lit-
tered landscape and TV interference
with no benefits.
Wilder agreed, saying the power
line would cost $429 million to build,
and no one along the line could use the
power. He said if 011 would emulate
the practice of the power utility in
Holland and supply free electricity to
all property owners with towers on
their land, he would withdraw all ob-
jections to the power line in Huron.
Thompson thanked the group for
their questions, noting he would now
be better prepared for cross-
examination at the hearings.
representative how much he was paid
when he had spoken at Zurich recent -
w_
C OF C MEETING — Zurich Chamber of Commerce president Robert
Westlake (right) sits beside guest speaker Steve Thompson, treasurer
of the Foodland Hydro Committee, at a question and answer ses-
sion after Thompson had addressed the November meeting.
,r.
\ft. )
SOMETHING NEW -- Joel Siebert examines a smoker used to quiet bees during a visit by Grades 5
and 6 of Zurich Public School to Ferguson Apiaries as part of Environment Week at the school. Looking
on are students Valerie Gingerich (left), Julie Restmayer, teacher Chris Eagleson and Bill Ferguson.
HOSTS AND GUESTS — Hay Township Farmers' Mutual Fire Insurance Co. hosted the annual meeting
of Group 4 QMIA (London district) at the Zurich Community Centre. Shown (from left) are Cecil Desjar-
dine, president of the board of Hay Mutual; Gordon Johnson, St. Marys -Woodham, Group 4 rep on the
Farm Mutual Reinsurance Plan board; Jim Dickenson, president of the Ontario Mutual Insurance Associa-
tion, Albert McArthur, v/p of the Farm Mutual Reinsurance Plan and manager of Grey and Bruce Mutual,
Mel McIntyre, OMIA manager and John Consitt, manager of Hay Mutual.
/l
11 tantj�.ia'.t
We must be living in the garden of
Canada; judging by • the very
undesirable weather that had been
surrounding us from coast to coast,
even to the south of us.
The movies shown on Monday even-
ing were "Grannys Quilts" and
"Georgian Bay Parks & Recreation."
On behalf of the staff, 1 want to
thank the anonymous donor or donors
for the beautiful mum plant sent for
the staff's pleasure.
The ('hristmas trees and decora-
tions are now being put into place,
which should give our residents and
staff some ('hristmas spirit. We are
hoping for nice weather for the
special ('hristmas activities that we
have planned.
Residents who have been nut dur-
ing the week were Mr. Aaron
Gingerich, Mrs. Violet Huntley, Mr.
Loftus I)enomme and Mrs. Marcella
Dietrich. The usual activities are still
going strong. and the people working
• in the hobby shop are as busy as San-
ta's elves trying to have all their/
orders filled before ('hristmas Eve.
Ringo was played on Friday even-
ing followed by refreshements.
Mr. Glen I)eichert and his group of
entertainers from London provided
an afternoon of old time music. clown
acts, etc.. on Saturday afternoon
which was a fitting tribute to Glen's
father, Mr. Peter 1)eichert, who
celebrated his Stith birthday on Thurs-
day, November 21.
Rev- Wilena Brown of Goshen and
Varna United Churches conducted the
Sunday 'evening chapel service
SESQUICENTENNIAL
QUILT
COMPETITION
Open to Stanley
res.dems or
fofiner res.dents
Entry forms lobe returned by
December 31 1985
For informotmn toll
SANORATURNIR
RUTH O.NOIRICH
MANOR HINDRICII
KATI KEYS
,s2 ssso
216 1601
242 329
302-5342
Meet and Mix .n 86
GETTING READY Working on their Achievement Night project are
Zurich 4 -Hers Charmaine Prevett (back left), Michelle Caers, Debbie
Regier, Kelli McBeath, co -leader Donna Caers, Annette Regier and
(front) Anne Hartman, Tammy Rau and Cathy Jacobs.
Times -Advocate, November 27, 1985 Page 9
Steve Thompson, treasurer of
Foodland Hydro and one of two
representatives from that organiza-
tion.who are attending the hearings
in Guelph to decide the route of a
power line from the Bruce nuclear
plant to southern Ontario, was the
guest speaker at the Zurich Chamber
of Commerce's November meeting.
Thompson began by giving his au-
dience - a baker's dozen of C of C
members and guests - a brief history
of the events leading up to the present
hearings, and Ontario Hydro's seem-
ing determination to bring the line
south through Bruce, Huron and Mid-
dlesex counties.
He noted the "tremendous support
to all agricultural interests along the
line" from agriculture minister Jack
Riddell, and said theOMAF'slawyer
was taking an active role. Thompson
also cited the support being received
from the Huron County planning
department, headed by Gary David-
son, which is also representing the
best interests of landowners.
Thompson said Foodland Hydro's
position is to disprove OH's picture of
a farmer working around power lines
with a little Massey Ferguson 35. He
pointed out farmers have come a long
way since then, and now use 50 -foot -
wide implements. Because towers
would interfere with aerial spraying,
irrigation, and other present and
future agricultural technology, FH is
arguing that the corridor should go
through less valuable farmland then
the proposed route through Huron and
Middlesex.
Thompson said he thought Zurich,
though not directly affected by the
line, would be concerned about poten-
tial health problems resulting from
long-term exposure to the electric and
electric magnetic current emitted by
high voltage lines. He said no one yet
knows the long-term effects, but
studies in the U.S. show hydro
linemen have several times the
average incidence of leukemia and
other chronic conditions, and com-
pared the situation to the effects on
their health of people who live for a
long time in a urea formaldedyde
foam -insulated house.
"People in Zurich have every
reason to be concerned. They
shouldn't say this woth't affect them,
because no one can say either way. It
certainly won't have a beneficial ef-
fect," Thompson commented.
Thompson said 011 had presented
figures that day documenting the sav-
ings gained by using nuclear energy
as compared to coal, but he did not
think the cost of building a nuclear
plant had been included. Tony
McQuail, the other FH represen-
tative, will be asking if a business
analysis was done, or if $700 million
was spent to save $30 million. Thomp-
son added he didn't see how signifi-
cant OH's promise of lowering hydro
rates by one or two percent would be
if the savings were wiped out by a
lowered provincial credit rating
because of OH's extensive borrowing.
Thompson said he and McQuail are
at the hearings ail day, every day,
and are at present the only special in-
terest group facing 200 011 lawyers.
Foodland Hydro has rented a town
house in Guelph, as a cheaper means
of accommodation than a motel and
the address will be released soon.
Thompson said FH's lawyers do not
attend each day, but are a phone call
away if their advice is needed.
When Thompson had finished, Mike
O'Connor had some questions. Ile
wanted to know how much Thompson
and McQuail were being paid.
"Well paid by my standards, poor-
ly paid by consulting standards" was
the reply. Thompson said it was up to
the F11 executive to reveal any more.
FFATTL
Buffeters Buy!Shop here The
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rro 350 CA Bute In Power thy
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TAG V -Joint 54225 pko.
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Butyl -Flex Caulking • 20 Year
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Acrylic Isles. 20 year. *Pwi* & colours *2 69
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Silicone. clear A *trio 96.99OAre Pk
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min
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NM PIN
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as .area per s47 -A eA A so
a .we) pea MA 42.9f a
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PORT ELGIN KITCHEN CABINETS
UNFINISHED RCN STARTER UNITS
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77 - wall ur>e ler above
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GOOERICH, EXETER, MITCHELL, LONDON,
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SNOW FENCE
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100' roll 159.99
48 high. wood slat painted red
7 0 steel tee bar posts w/ckps 95.09 ea.
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was