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HomeMy WebLinkAboutTimes Advocate, 1995-03-15, Page 5IT' S YO U&BIISINES S __ Times -Advocate, March 15, 1995 Page 5 By Ross Haugh from the archives of the Exeter Times Advocate 10 YEARS AGO March 13, 1985 - Exeter's two representatives will be looking for a compromise so- lution when Huron county council meets Thursday to make a decision on the Pio- neer Museum. Bill Mickle and Lossy Full- er were supported by local council after Mickle said he would attempt to have the mu- seum scaled down to about half the size of that being touted by the committee which wants Huron to spend about $2.5 million on a plan to replace the currently closed museum in Goderich. It was agricultural history in the making last week in Las Vegas when Case IH dealers from around the country joined forces for the first time. Bill Becker, represented V.L. Becker and Sons Ltd. of Dashwood in a formal kickoff of the expanded JI Case agri- cultural equipment operation. The Exeter Kinette club re- cently donated an oxygen in- halator valued at $1,000 to the Exeter fire department. 25 YEARS AGO March 12, 1970 - Glenn Kells, a native of Mitchell with experience with the On- tario Department of Highways has been named works super- intendent for the town of Ex- eter. Kells succeeds Jim Pais- ley who has taken a similar position in Wallaceburg. Huron barbers announced this week that the price of hair cuts will be increased by 25 cents beginning April 1. On that date men will start paying $1.75 while children will be assessed $1.50 during the week. On Saturdays children will pay the same as adults. The last increase was October of 1967. Council agreed to amend the garbage contract with McDo- nald Sanitation of Crediton to allow a monthly fee increase of $25 a month to $875. Construction of the new mo- bile home plant by Boise Cana- da Limited in the south-west corner of Hensall is progress- ing favourably. The Exeter curling club men's challenge championship was won by a rink comprised of Lee Webber, Doug Webber, Ross Hodgen and Gord McCarter. 35 YEARS AGO March 14, 1960 - Don and Doris Wilson recently opened their new jewellery store at 431 Main street. 50 YEARS AGO March 15, 1945 - Mr. Robert Sanders`if town dug up a large parsnip in his garden. It meas- ured three feet, two inches in length and measured four inch- es across. He said there is no frost left in the ground. A' deputation of three car- loads of prominent citizens of Mildmay visited Exeter Thurs- day to look over the Exeter arena, in view of constructing a similar building in Mildmay as an after -war project. With the deputation were Barry and Bob Wenger, former Exeter residents now operating the Mildmay Gazette. 75 YEARS AGO March 16, 1920 - The T.Eaton Company of Toronto shipped last week to Mr. McKellar, the Seaforth local express agent 247 sacks con- taining seven tons of their spring catalogues. The express charges on the shipment were $155. They went to the Sea - forth Post Office for delivery throughout the county of Hu- ron. Postage on the catalogues amounted to another $500. Exeter had its own little flood Friday afternoon. The mild weather of Thursday and Friday resulted in thawing of much snow and the creek that runs through between James and Huron streets went on a rampage. Some residents of town for many years said it was the worst they had ever seen. Thomas Ryan is the new president of the Usbome- Hibbert Mutual Fire Insurance Company with headquarters in Farquhar. Agents arc John Es - wry and Oliver Harris. 100 YEARS AGO Mr. Jacob Kellerman of Dashwood is at present taking advantage of the good sleigh- ing by having large quantities of wood teamed to Exeter sta- tion which will be shipped to his wood yard in London. Social Worker's Week helps raise awareness The goal of the event is to educate people about the various roles of the worker By Heather Vincent T -A staff DASHWOOD - This past week, social workers across Ontario marked Social Worker's Week with events and exhibits. Mindy Gough, a social worker employed with South Huron Community Living and operating a private practice in Dashwood, enjoyed events scheduled in Lon- don. Gough, a graduate of King's College Social Work program in London, has found that there is a real need for her ex- pertise in South Hu- ron. Since she moved to Dashwood in September, Gough's services have been in high de- mand. Focusing on help- ing bereaved children as well as family counselling, Gough was surprised she had 18 clients booked during her first week of practice. "Social workers have a unique point of view." The goal of Social Work- er's Week is to raise awareness about the va- riety of ways in which workers are able to pro- vide assistance. Gough said that a common misconception about so- cial work is all workers are in- volved in an instrumental way with social assistance. On the contrary, social workers are concerned with people who have a variety of needs. Many social workers provide affordable counselling to individuals and families who are effected by problems arising from poverty, racism or unemployment. Gough feels that social workers can offer a singular outlook. "Social workers have a unique point of view," she said. Workers can provide 'groups within the community with a voice who would not be able to . speak for themselves. As a com- munity based people's advocate, social workers can provide educa- tion about a segment of society to the whole community. Social workers also play an im- portant role in helping people gain access to the services avail- able. our Views Letters to the editor Canada's need to overhaul banking system While Canada's banks eagerly ex- pand they take out already scarce capital there to help develop our foreign competitors... Dear Editor: Our present usurious banking system with the full collusion of governments and Central Banks is not working to address the common good of our citi- zens but rather leading Canadians to economic dis- aster. Our shaky economy is becoming one big de- rivative or gamble. With assets well over $400 billion, Canada's pri- vate chartered banks have become dangerously dominant in the financial marketplace. Their record profits in 1994, although praiseworthy by share- holders standards, are laughable by small business- people and citizens torn by two imposed recessions in a decade suffering under high interest charge and unrealistic service fees. The powers of uninterrupt- ed usury are too great. (J.M. Keynes 1923). Locally, however, I have nothing but praise for branch managers and staffs who contribute so wide- ly and responsibility in this community year after year. Indeed even their six CEO's who took home $11.8 million in 1994 are simply working within the Bank Act and Canadian tax law. Thus I beg the question - why has our federal government sold out its own financial control and creation of money to private banks at all? Worldwide we desperately need•bothfiational and internationally regulated financial systems, subject to democratic process, yet Ottawa's further deregu- lation of banking leads us the opposite direction. Canadian banks, not known for paying their share of taxes on profits, need now be seen as good corpo- rate citizens. It seems a Commons Committee found the Royal had to defer income to get its recent profit below one billion for 1994 so as to avoid a public relations problem. Since our banks perennially pay such low taxes, it is time to mandate minimum taxes on their behalf. In 1992 the Royal claimed $63 mil- lion profit and paid not penny that year. When de- ferrals grants and subsidies are accepted by and sub- sidies are accepted by banks from public tax revenue doesn't this mean we are fattening the gold- en calf'? Put another way "There are too many fresh teats on that big dumb cow - our government". (W.Krehm - Comer Publications February 1995). Perhaps since the banks have helped to create our debt/deficits by accepting favours, now in their great prbsperity, they will be finally seen to pay their share. Why has our government allowed those outra- geous bank service fees that bear no proven relation- ship to their costs, to rise four times faster than in- flation? Why are plastic bank card users forced to pay 10% rate spreads over prime? In a recession, why should our banks be 4 of the top 10 Canadian businesses? Why are our banks lecturing Ottawa about our "fiscal cancer of overspending" while they simultaneously ask for $300 million Federal funding for computer software development? Where does credibility begin? What is good for bank shareholders may not be best of Canadians at large. Private banks have us on a credit wheel and we are debt junkies. Private debt is triple that of government debt and we worry about our governments footings. The use of ABM's (Automated banking ma- chines) saves banks millions in salaries, while de- personalizing service, and unemploying thousands. Are we now subsidizing more unemployment of re- dundant bank staffs? While Canada's banks eagerly expand (ie USA) they take our already scarce capital there to help de- velop our foreign competitors - hardly in our nation- al interest. Money knows no national loyalty and flees at the speed of light while Ottawa stands by. Already it's unsettling to know over $40 billion in Canadian pension, funds are invested offshore but badly needed here. This is inexcusable folly. Over 20% of our RRSP's can be invested offshore with- out tax penalties. After witnessing repeated recent insurance and trust company failures how compe- tent are government agencies in monitoring the fi- nancial markets? Small business people who lack cash flow or ven- ture money are often shunned by our bankers who consider them too risky compared to multinationals or giants who get preference on loans. This disgrace occurs while 83% of all new jobs will only come from those small businesses. Capital must be used more productively locally to expand the job market, not just for mergers and corporate takeovers leading only to market control and monopoly. Street lights to be included in Hensall 1995 budget HENSALL - As a result of a peti- tion from York Crescent residents, the cost of three street lights will be included in the 1995 Village of Hensel) Council budget. The lights are considered to be required, especially when people arc walking and riding bicycles in the area. "It definately is dark," said Coun- cillor Butch Hoffman. The lights, once ordered will take 22 to 26 weeks for delivery. The total price quote for the three units is estimated at $4,363.84. This does not include PST or GST on material or labour. The estimated cost of PUC labour at 30 hours is $1,500.00 and may vary. 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