HomeMy WebLinkAboutThe Goderich Signal-Star, 1967-12-14, Page 22d.
moors See Steady C ec I ane Of Net income
B Mrs. Am "Martin
Secretary, ,Local 342
'10 One is more aware of the
'plight of the farmer than we
who have been doing farm tax.
irk over the past several
yflars and have seen the steady
decline of net income", said
George 't'. Hall, Income con.
sultant from Hall and 'Hall In•
'come Tax Services, London, as
he addressed the OFU Ashfield
Local and 45 members pre.
sent, at their annual meeting
at Luoknow.
At this same meeting the elec•
tion of officers for 1968 took
place. Phillip Durand of Zurich,
District Director for Huron -
Perth chaired the election. Four
new directors will serve on the
executive. They are: Legis.
lature director, John McKay;
Educational, Eugene Frayne;
Recreational and Social, Mrs.
Michael Penich; Publicity and
Press, Mrs. Jim Martin. Jim
Martin, President, Lorre Luth-
er, Vice-President,;._Mrs. Jim
Martin, Secretary, Vincent
Auster, Treasurer were elected
to their same posts as last
year.
Guest speaker for the eves.
'ing „was George T. Hall who
spoke abput the• Carter iteport
and the brief that was drawn
up by the Farm Unipen presidents
from each Province and their
income tax accountants and pre-
sented . to Finance Minister
Sharpe November 8, 1967.
-In general terms the brief
stated that "the National
Farmers' Union was in* coal.
plete agreement ,with the basic.
principle of Carter. Our area
of concern was in necessity of
modification of some points of
the report because of the nature
of ?farm business and that it
differs in many respects from
other businesses".
The major recommendations
with which the NFU was concer.
ned were:
(a) the change from the cash
accrual (inventory e.g. salable
produce, not includingbuildings
A message from
your neighbourhood
Brewers Retail,.
As the holiday season approaches,
adverse weather conditions
sometimes place a maximum burden
on our staff to maintain our
high level of service to ourretail
store and home -delivery customers.
To avoid serious congestion atour' stores
and also disappointment in our home
delivery service during this peak sales
period, we respectfully suggest that our
customers order or purchase their
requirements as early as possible.
X11
Brewers Retail
Operated by Brewers Warehousing Co. Ltd.
THEY'LL LOVE TO GET
and property) system of de.
termining farm income.
• (b) inclusion of capital gains,
gifts and inheritance in the con.
prehensive tax base.
(c) the family unit concern.
(d) tax credits and exemp.
Lions.
The arguments used to bol.
ster the above points are:
(a) that if inventories were
valued at market price, large
fluctuations could occur in farm
income from year to year. For
example the price of white beans
varies from day to day for the
farmer; yet a corner grocery
store has "a fair idea that a
can of beans will remain set
at the reasonably same price'
throughout the year.
(b) Capital gains should not
be brought into the cot<nprehen.
sive or same rate as wages and
Self-employed earnings but
should be taxed at sonic?. lower
rate.
(c) Provisionrs were placed on
the so called "hobby farmer"
and, -while the NFU agreed with
this, they expressed concern
that taxpayers who find it nec•
essary to obtain part time jobs
outside the farm . (working on
boats, bus driving and other
things) in order to maintain the
farm and provide adequate star.
dard of living for their family,
would not be penalized under
these proposed changes,.
(d) That lifetime gifts and an.
nual giftexemptions shouldboth
be doubled.
The president thanked Mr.
Hull for bringing this informa.
tion to the group and follow.
ing a question and answer period
the meeting„was adjourned and
lunch was served.
PERSONALS
Mr. and Mrs. Bob Jeffrey ,
visited with. Mr. and Mrs. Larry
Jeffrey and.daughter Melaine in
New York for the past few
weeks.
* * *
Miss Margaret Dasher and
Miss Evelyn McMichael of God.
erich spent part of Saturday at
the home of Mr. and Mrs. Mil-
ton Wiltse of Clinton and also at-
tended the family pre -Christmas
dinner Saturday evening at the
home -of Miss'McMichael's 'bro-
ther, Mr. and Mrs. Robert Mc-
Michael of Walton.
.Goderich detachment Ontario
Provincial Police last week,in.
vestigated three traffic accid.
ents, two thefts one breaking
and entering incident and seven
other incidents.
° The traffic accidents invol•
ved two property damage cases.
ane,, one personal injury - case
in which 'two were injured.
John Gelling, of R. R. 2
Clinton and Wayne Johnston, Of
332 Jam 9s Street, Clinton, were
involved in a two -car accident
on Thursday, December '7, on
No 8 Highway, eastof Goderich.
Total damage to both vehicles
was estimated at $325.
Leo Joseph Tevlin, 38 Napier .
Street, Goderich and Howard
Godfrey, Rich Street, Goderich
were invoivea in' a two `car
accident Friday, December 8,
on No. 8 Highway, east of God.
erich. Total damage to both
vehicles was estimated at $95.
On Saturday, December 9, on
the fourth concession of Col.
borne Township, at the inter.
section of No 1 sideroad, Wal.
ter Gordon Davis, of 46 Nel.
son Street, Goderich, was in.
volved in a single car accident
sustaining $800 damage to the
vehicle he was driving.
Davis, and a passenger, Doris
Catherine Johnston, of 185 Nel.
son Street, Goderich; •sustained
injuries. '
During the same period, God.
erich OPP . officers issued 25
charges. Of these, 20 were in.
fractions of the Highway` Traf-
fic Act and five were breaches
of the Liquor Control Act:
. Twenty-six warnings were.is.
sued during the period extend.
ing from Sunday, December 3
to Saturday, December 9.
Goderich OPP officers also
delivered safety -,talks at nine
different schools. Total number
of children reached was 542.
. , OPP SAFETY. TIP
It is illegal to drive unless
you have clear visibility, front,
sides. and•rear._.Weather corn._
ditions may, make this difficult
at times, but are not an excuse.
DONNYI.. ROOK
The December meeting of the
UCW was held Tuesday -after•
noon at the home of Mrs. Sam
Thompson with a goodttend,
ante. The theme of the meting
was. Christmas.
Mrs. Ray Hanna opened the
meeting with prayer and a
Christmas reading I'0 Little
Town of Bethlehem” was sung
" and the Rev. Roberts, read the
SCacipture Luke.2 - 1-2Q. Mrs.
Hanna gave the meditation. '°
Another Christmas carol was
sung and Mrs. Charles Jeffer.
son read a poem "Let us now
go to Bethlehem "
After singing "Away in a man.
ger" Mrs. MargaretLeddy took
charge of the chapter in the.
study book and gave an inter.'
esting talk on it followed by a
discussion period.
Mrs. Tom Armstrong had
charge of the business. It was
decided to give $10 to the Bible
Society and to purchase carpet
for the Church entrance, An
objective tvas also decided on
for the 1968 allocation. ' "
A "Thank you" note was read.
A slate of officers for the con.
ing year was brought forward
by rt,the nominating committee.
• They are as follows: past pres.
ident, Mrs. Tom Armstrong;
president, Mrs. John Hilde-
brand; first vice-president,
Mrs. William Hardy; second
vice-president, Mrs. Murray
Wilson; secretary treasurer,
Mrs. Stuart Chamney;' corres-
pondence secretary, Mrs. Er-
nest Snowden; citizen and social
action secretary, M'rs. Mar.
garet Leddy; stewardship 'sec-
retary, Mrs. Wesley Jefferson;
flower secretary, Mrs. William
Harayrsupply and social assis.
tante secretary, Mrs.«Morley
Johnston; press secretary,
. Mrs. Charles Jefferson; pro.
gram committee, Mrs. John
Hildebrand, Mrs. William
Hardy, Mrs. Murray Wilson;
pianists, Mrs. Hilliard Jeffer.
son, Mrs. Murray Wilson;
official board, Mrs. Hilliard
Jefferson; board of stewards,
Mrs. Edward Robinson; manse
com-rnittee, Mrs.= Stuart Chain.
ney; Christian education, Mrs.
Sam Thompson.
Mrs.' StuartChanllaey gave the
secretary's report of the fin.
ancial 'standing tor the year.
!Brian sngwden received the ato
fere. a
•411=1c the Herald Angels
Sing " was sung and Rev. Rob.
erts closed the meeting with
prayer, -
4 nunnber of ;articles were
on the talent table, and ailw. ere
sold .in aid of the,society. Des.
sert was .served by the hostess
assisted by Mrs. Edward ltob.
inson,
amemononomommernemommommineimpor
FOR YOUR
FIRE INSUIRANCE'
or Phone
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GENERAL IN9URINCM. AGENT
46 WEST ST. • 5249442 .
vorminoialans
Ever noticed how quickly they grow?
ra
This Christmas give them a
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if will gr�wwith then.
Decide now to give them the gift with a future— -
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Christmas Growth Savings Certificates are easy to buy,
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Give the gift with a future...and watch it grow!
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A fine selection. Many or•
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