The Goderich Signal-Star, 1956-11-29, Page 2Meat TWO
4,0 tibtriril Wignal-trtar
HURON COUNTY'S FOREMOST WEEKLY
3stablisheel 1048. lb its 109th year of publication.
Published by Signal -Star Publishieg Limited
moseriptIon litateeCanada and Great Britain, $3.00 a year: to United
States, $400. Strictly in advance.
AdvertislA.g Rates on vaguest Telephone 71.
Authorized as Gecorad-elass mail, Post Office Departmeet, Ottawa. •
Outeof-Town e -presentative: C.W.N.A. 237 Foy eldg., 34 Front St., W. Toronto.
Ovar 000—Largest eireuiatiora of 41rfw newspaper pubDished he Huron County—Over 3,000
Illowthir of Canadian Weakly Newspapers Association. Member of Ontario Weakly Newspapers
Associtin, Member of Audit Bureau of Circulations.
GE*. L. ELLIS, Editor and Publisher.
THURSDAY, NOV. 29th, 1956
••••••...Cr•
FIRST, SHOOT THE BEAR
Persistent demand for credit in the .pur-
ohase of articles which, while perhaps not to
be classed as luxuries, are not immediate neces-
"
rales has reached such a level that financial
authorities are pointing out the danger of a
disastrous inflation. Already there is a degree
of inflation, as clearly seen in rising prices,
and the time to cheek it is when it reaches the
danger point and before it brings disaster.
Too easy borrowing may avert immediate
trouble for the borrower, but there is a limit
to lending, and when this is reached how is
the borrower to unload his burden of debt?
With -wholesale prices inereasing, the retailer
-finds it inure difficult to carry on unless he
does a cash business,. or can depend upon a
generous line of credit front- the wholesalers
and manufacturors, and this resource also has
its limit.
The amount of credit- given 111 the 'various
levels of business in Canada has already reach:
ed astronomical figures, and the Bank of Can-
ada is gradually applying a cheek without
drawing too suddenly and severely on the
reins.
It all comes back to the original demand
for credit. if the intending ,purchaser has the
money for his purchase in hand or has d-efinite
prospect of paying for it within a reasonable
time, and. without borrowing, the situation will
at onee begin to clear up and business will be
conducted all 'round on a pleasanter and safer
basis.
Discussing this matter recently in an ad-
dress at Toronto the Prime Minister appealed
to Canadians to use restraint in their alemands
for oredit and so avert the mounting peril of
inflation. A. lot of us," said Mr. St. Laurent,
'hal:0 been cashing in on bearskins before
have shot the bears" ---an apt illustration
the present trend.
WHAT CAN BE DONE ABOUT IT?
After nomination night on Friday comes
the subsequent problem of getting ratepayers
out to the polls to vote on Monday, December
10. This is presuming_ of course, that an
election will be held and there.are indioations
that there will be.
For some years, now, the Goderich Jayeees'
"Get Out The Vote- eampaign has been in-
strumental in steppingup somewhat the num-
ber of. voters turning out to the polls. The
Jaycees are to be commended for the work
they have done.
3The fact remains, however, that there are
still too many citizens who hold too lightly
the responsibility of exercising their franchise.
In the course of the next week or so many
thousands of words will be written in hundreds
of editorials in weekly newspapers urging
ratepayers to get out and vote at the municipal
elections. Unfortunately, these editorials . will
fall on many deaf ears.
Maybe different tactics should be used to
. „ .
'-otrt-t o the -pone
of
THE GODEpICHSIGNALSTAR
Down Memory's
Lane
45 Years Ago
Following a meeting wbth
Adam eek, Huron County o ecials
held hopes that the Ontario Gov-
ernment would develop the tIViait.
land River as a power source,
ht eves reported that the steamer
Turret Cape was still hard aground
on, some rocks in Georgian Bay.
C‘onsiderable credit was given to
Capt. Oraigie, formerly of Gocle-
rich;and the tug Queen of Tober-
mory, feer bringing the crew to
shore.
The Fst street meat market,
(1.11ite 501110 years now.
Why not make it illegal to vete--then
ON'tq'y011e \yin Want to vote.
Get the kids busy. (live them badges to
NV0111, reading, "My Dad Votes, Does Your's?"
Let Goderich merchants give merchandise
trade stamps away at the polls.
Set up a national lottery (making the Irish
Sweepstakes look sick by eomparison) with
each voter egible for a big cash prize.
(live voters a discount on the irritating
federal' income taxes.
Establish polls in ear trailers and travel
up and down the streets to make it easier
vote. a -
Give a rose to each lady and a cigar
eaeh man who votes.
Allow only limited citizenship rights
anyone who has not voted in ten years.
Give any Man who votes a special dispen-
sation the following Sunday from his church
to go eurling or sleep in until noon.
Anyonewho' has any moreerieliculoee ideas.
to
to
cozaducted for many years by
Robert IVIeLean and sons, was pur- Baker. There was to be an elec-
chased by Legg and of $trat- tion to choom c§IX couneillors treTh
ford. seven tandidates.
Flatly McCreath accepted a posi- Goderich Township Council wad
tion as local agent for a life insur- re-elected by acclamation. The
awe company. reeve was WiLliam H. Thom and
Councillor' Mott announced his councillors were James Feagen,
return from Halton County, where William Mash, William J. Clark
he spent six weeks in picking and Alex. Watson.
apples. The minesweeper Imps Gode-
25 Years Ago rich was formally commissioned
In aid of the people of Southern at the Toronto shipyards on 'Nov -
Saskatchewan, a third carload otf emiber 20, 1941. In attendance
prdvisions was dispatched from from Goderich were Mrs. D. J.
McGasw station. The plan was Thomas, 'Councillors Graham and
1S Years Ago
Prospects looked bright or a
good intermediate "B" noekey sea-
son in Goderieh. eeg. McGee was
elected, president of the hockey
ore„eanization.
Goderich Women's Hospital ekux-
Mary expressed Indignation over
Huron Comity Council's propesal
that the nate* a Alexandra Marine
and General Heespital be changed
to Dunlop Memorial Hospital'
honor of Dr. "Tiger" Dunlop.
Ratepayers gave acclamations to
Mayor E. D. Brawn-, Reeve Robert
E Turner and Deputy -Reeve John
NOV. 29ihi, 1956
ODPIOTAW ToWnship VOunell for challenge INV/0 Watme in 0101 five eandidatea for to ienee' R 00=-
14 oux Yeare, ennielenced plane i\ortheoming election& There were ell seat) in Colboilee.
eieeeeer",r-PeeTee'e,-"._1-eer
to
supervised by Rev. Patton. Sproul, S er e
Spontaneous- comibustion was Prevett and others.
blimed for a fire wluen destrpyed, Years9*
Jasper Brindley's barn on Polley's There 'were 10 candidates for
sideroad, just outside the town six seats on Town Council, but
limits. acclamation's were given to Mayor
D. D. Mooney, Reeve George G.
At the tea and .bridge sponsored
by Ahmeek Chapter, 1ODE, Miss MacEwan and Deputy - Reeve
Ann McDonald won the prize for George • Mathieson.
auction bridge and Miss Ann Heading for the Bahama Islands
in the West Indies, the 75foot
4ridrWurtele was tops in contract
e schooner 'Chimon was forced into
-ger apaii-nvut 'WY mays ntitl them to--ttmteltb-W -e'and eeresent'th
--f.!.,-aa,.airaaaaiaarais.a-saaanwtokai-Vii:I.W4ilit6iiiiaz,WIV6rt1/4,145:41-.satta.--v?itta,--taka.1.etaikaaagiTy-awnaaallar,aa,ra`ati.TV•
tions that have been used without results for poorer results than what we are now getting.
• °EDITORIAL NOTES
A new record in the grain traffic oh the
Great Lakes was established when the 685 foot
Canadian freighter Stott Misener took on a
mixed cargo of barley and oats totalling 908,-
116 bushels at the Lakehead two weeks ago
for delivery at Preseott,on-LakeOntario. The'
Scott Misener is owned h Colonial Steamships
Limited, and the previous record was made by
After a two-week hunting trip in
Northeastern Ontario, Judge Cos-
tello and Magistrate Reid arrived
home with a deer apiece. Had the
law allowed, they could have shot
a dozen More, they stated.
A cement basement was being
put under the Orange Hall on the
fourth concession of Goderich
Township. Work was being done
by lodge members and volunteers.
the John 0. McKeller of the same line in 1954
-with 799,404 bushels of barley. Not so many
ears ago the 'Tiemoyne, skippered by the late
Captain Ed. Robinson of Goderich„ held, the
record with eargoes of half -a -million bushels.
The new 'record is a' mark of the constant in-
ereese in carrying- capacity of the monster
freighters which carry the grain of the western
prairies to the ports of the Lower Lakes.
LES CHAPMAN TV
have been obliged to take over larger space in order to handle the inoreasi g volume of
their business.
We are now situated at 104 ELGIN AVENUE.EAST
TELEVISION SALES HAVE BEEN ADDED and the latest sets of
on display in °lir show room.
Goderich harbor by a storm. On
board were five ex -air Lorce men,
including Jack Cunningham, of
Clinton.
It was announced that the reno-
vation fund of Victoria Street Un-
ited Church was richer by $113.00
as a result of the booth operated
at the International Plowing Match
at Port Albert.
Stanley Snyder, a member. of
Tots & Teens Shop
CLOTHES FOR BOYS
AND GIRLS
Infants, Children and Teen Age
IF YOUR DOLLAR IS A LITTLE S ORT
AND YOU HAVE THAT tT. NICK SPORT,
BRING YOUR BUSIN Dlt .1 TO THE STORE
THAT ALWAYS GIVES THAT LITTLE BIT MORE:
See OurComplete. Range of Christmas Merchandise
In addition, we are offering a brand new boy's
or girl's bicycle as a draw prize, to be drawn
Christmas Eve at 10 p.m...
MteeeteettereetteettetretetereettrateeMeteeeVeteWeeteareeeteeeMeeleteter-teaceeeZt=renttewetteMnretereleregerefteMMICZOD
Every Dollar Purchase. Entities
Customer To One Draw.
imetwevorievervoccovvierentvvette.mverceRstrtewtmtnermrvecemwrizemmcvavemmect.,
Some girl. or boy is going to. have a new
bicycle for Christmas the easy way.
Goderich
Phone 423R
r •
,S •
—47
MMINI6r.
A SPECIAL MESSAGE TO CUSTOMERS OP THE. 13 OF M
"It's -a Mirror
of Maki. Street"
Bank 01 Montreal
Every time I read one of my
bank's annual - reports I am reminded of the days
when I was a junior with the Bank in a town very
much like this. The branch manager had that
wonderful knack of seeing things from more than
one point of view. He could take the Bank's annual,
report, and show how it tied in with the day-to-day
business of our own branch and of our community.
"Conditions here on Main Street," he would say,
"are reflected in the overall picture of the country's
prosperity, because, after, all's said and done, Canada'
is the sum -total of hundreds of Main Streets like this.'
"The folks who buy and sell on Main Street —
and that includes all of us in this bank — are the
same kind of people — Inultiplied over and over
— who set the patterns of our progress clear across
the country."
So it is with the Bank of Montreal's 139th annual
report, for the year ended October 31st, 1956. It's a
mirror of Main Street. While the report deals with
billions of dollars, reflecting conditions in the country
as a whole, its figures mirror the progress of B of M
branches just like mine and the prosperity of the
towns they serve from coast to coast.
'MY RAN'
102 NUNN CANADIAN
• • • •
The Factibehind the Figures
in the B of M's
139th Annual Report
DEPOSITS amount to $2,589,031,509, well over half of which is
the personal savings of Canadians in all walks of life. The re-
mainder is money deposited by business firma, institutions and
governments. The bulk of this money is hard at work in the
form of loans to people and businesses of all types.
LOANS, at 11,383,079,003, establish a new record. The B of Wu
loans in Canada — the highest in its history — are helping every
branch of the Canadian economy to prosper. Large and small,
they have been made to business and industrial enterprises of
all kinds — to farmers, fishermen, oilmen, miners, lumbermen
and ranchers — to citizens of every calling, to provincial and
municipal governmentd and school districts.
INVESTMENTS in high-grade g4vernment bonds amounted to
$697,652,544. This money helped to finance many important
government projects, designed for everyone's benefit. Other
securities held by the Bank -- which include n diversified list of
higb.quality short-term industrial issUes — brought total invest-
ments to S916,113,032.
BANK OF MONTREAL
euteut4:6 7e VaN4
WORKING WITH! CANADIANS IN EVEQV WALK OP we SINCt 1017
1,11
odeha design are now
—EETO ALL ADULTS WHO VISIT OUR DRA
' WORE UP TO DECEMBER M.-
'1. A' MANTEL RADIO.
2. A PORTABLE 3 -SPEED RECORD
PLATER.
3. AN Vri-EICTRIC FRYPAN.
4. A bTEAM AND DRY IRON.
5. AN ELECTRIC KETTLE.
DRAW WILL BE MADE DECEMBER 22 AT 9 P.M.
+ After careful consideration we have selected sets Which we are proud to Oar for sale.
# Every set is fully warranted and we will stand behind every sale by giving the same
fast an'd efficient sex -vice as in the past.
# Come in and see the finest EMERSON and FLEETWOOD TELEVISIONS,
* WE OPEN *
SATURDAY, DEC. 1
• LOWEST TERMS- IN TOWN ARE' AVAILABLE.
• AS AN INTRODUCTORY OFFER, AN OUTDOOR FRINGE AREA AERIAL WILL
BE GIVEN WITH EACH TELEVISION SOLD, OR EQUIVALENT WHERE AN
AERIAL IS NOT REQUIRED.
ALL CABINETS ARE WOOD IN WALNUT, MAHOGANY OR LIMED OAK FINISH.
• ALL SETS ARE TRANSFORMER OPERATED BETWEEN 19 AND 23 TUBES.
• BETTER VIEWING IN ALUMINIZED TUBE.
IT PAYS TO DEAL WITH
LES CHAPMAN TV
°
404 Elsi IBET_WEBN CAMBRLA, AND gme_l
rt..* Aikomo."
• ••
_eeeeteeeeeeee-. ' eeeeeeeeee eeeeeee._e,e-eeee.,...-eeee,•ee-eeeeeeeteeeeeee,
"la be a ratepayer in Goderich .30 years from now!
"What is done NOW in Goderich will mean a lot
to me when I'm a than.
"Will you please see to it Friday night that a
progitssive council is nominated for 1957?"
THIS ADVERTISEMENT INSERTED AS A PUBLIC SERVICE 'BY
•