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HomeMy WebLinkAboutThe Goderich Signal-Star, 1970-02-26, Page 21IE 111( G. MacLEOD ROSS • It is hoped that many people will comply with Mister . Benson's invitation to writehim before March 1st to give. him their reactions' on his proposals. What each says depends on his particular avocation, but what is pot particularized is that many are 'touched; and ;few exempted from the rapacity of government for their ''Wealth. These who - escape today :_have_ 'only a�,fev�-. years of immunity to look forward to, because inflation will overtake them and they too .will become government tax iot 'fodder.. , Do not be deceived " by. the effort to pass the White Paper off as "Tax Reform." It is, in "fact, nothing more than an ingenious confusion of words whereby, as year succeedsyeaN you will find take-home, pay decreases, while the government's share increases. Here is the sort of thing you might put into your own words: Dear Mr. Benson: Iln acceding to your invitation to address you on the matterof your White Paper, let me say that the. general impression is the immediacy of its obsession to garner in the last pound of flesh. • The minutest nit is not to be missed. In consequence, I find it appalling that the victims are to =be -...afforded° moo, ,iittie` iizst after they' have been raped, for you have even ' aborted their legitimate efforts to accumulate capital. I 'admit I would: not expect quarter fromt-a dictator, - but I ` fail to sense—even: .a modicum of paternal interest from ' one who was elected to serve rather than to• tyrannize the People. The impression ' grows that to be a producer of wealth marks .one as a pariah to 'et fl tt. be hunted, trapped, and finally skinned, SQ ,that even from him that hath not shall be taken even that which he hath;° until he becomes just another recruit for Welfare. THIS CANADA Canada, as I see ...it, is atill..in_ country very . ;Much 44on the Make."' There is a tremendous amount of pioneering still to be d n :; or w ita America_gother pioneering done much earlier and very inexpensively; Canada has to pay for hers at American rates of pay, - so. that the, development of her indigenous Wealth is severely delayed. True" .we war a veneer of prosperity, but. it is skin-deep, with no `reserve, no accumulation of 'fat' as yet. This is one reason why Canadian capital is in short supply. _ • - Another form of capital. which Canada has hardly begun to build up is a cache of brains from which -to evolve creative work. So far Canada has done little more than support. "service" industries. She may do a little "improving," but by and large she cannot` sustain a. • brain trust such as is required by the'. automotive, the oil, or the gas • industries, to enable them to compete in world trade. The kind of , capital the .;government. Always .:hankering - after is "risk -capital." This 'kind of capital can only be -had by accumulating . /an estate . or fortune, which outstrips the . owner's desired' standard of -living, by such a --considerable- amount that ' he can afford to risk it, to the point of losing it, without sacrificing his standard of living. Canada still does not •possess the capital either to "develop her indigenous wealth or to nurture a nu.•pber of native brains on a Creative industry. The White Paper proposes to, thwart by tax. impositions attempts!, to progressively build up savings (capital) in private hands, so that the only, agency able to supply the• government's constant all. ;dor capital , will continuo . t. a be .f & eagziyers, who -have graduated .from pioneering and have ;amassed ,"risk capital." I can only see 1,Canadians ac ' -n : the: n essa . ,�cumratn g ee ry' risk capital as a result of cumulative. savings of several generations. Punitive estate taxes, combined with unrealized capital gains, taxed . everyfifth year, will merely serve to ensure that anestate never increases by more than the effort-- of --one- ister Benson rather threadbare, however my interpretation of the word is: ._-equal fairness to all, not 'vast discrimination for those who. Won't 'work; for those who have been *on relief ,for 20 years and.:. ti have families df .ten ' and •upi (what 4 might be termed; government-sponsored populationhatcheries fob those _. _��.. - on relief who insist on living in Torontoor other high cost: of .ho livinglocalities or •those" w insist on living, in ,such narginal ,areas as Newfoundland, where they, demand, a North' American standard of • living which the local 'econor iy cannot afford to give them AND build up RISK CAPITAL as well. If I am to be taxed to maintain the likes of these __in-.the-standar.d-to_..which they have been promoted •by the government, then equally, I demand in equity that my own standard shall not be debased to accorjnodate these peo x le The gospel that; ..bause I HAVE, I shall eventually HAVE NOT, so that someone else, able to maintain hiiriself, may retain his economic status, • does ,not appeal to me as equity. Not at the end of my•'life, when nature has cancelled my ability to earn. included in income,nor should it have to be subscribed to' by those who are enjoying it. • THE PENSIONER AND 1N FLAT -10N - With all deference due to yoiir oft repeated contention that. inflation is beingheld the � 'fact remains that I, 'and, numerous othern' tike mei have. yet to 'see the : evidence. The -retiree's only weapon against inflation is. to invest in equities, which have growth and thus offer to partially, counteract the inflationary effect.' Your proposal is to tax this capital growth. How • am I, and thousands like me, to keep head if .my-un-real-ized-capital gains are sequestrated by the governtnent? As a `middle class" retiree, I. bid fair to lose the capital it took me 50 years to collect, on . three counts: First supporting the poor; Second maintaining the government in power;, Third denied the logical means to counter inflation. WHY THE DEFEATISM? eration. In consequence C-a'nada' s • development. by Canadian capital will never get Off the ground. To this extent, the White. Paper proposals tend to repress the development of Canada, . not to help it.' Furthermore it is in ,proposals ,such . as these that the full political import of the Paper reveals itself, for this is taxation to the definite end of making the government so wealth -possessed that it will be enabled to buy its permanence in office. = WfAAGO - NTENSION -- Cost to produce maple syr' greatly from year to year ----Ely W. J. Dillon, Economist Farm Econom ics, Co-operatives and • "Statistics Branch °Ontario Department of Agriculture and Food A cost study on maple syrup production for the years 1967, 1968 and 1969 on Ontario farms reveals thea variations in costs and net returns that can occur from year to year. Seventy-seven records suitable for analysis purposes -were collected over the three-year period. The size of operation on a group basis varied from 1,213 trees tapped per farm in 1968, to -1,441 trees per farm in 1969. The number of taps per farm• ranged from 1,664 to 2,075. Production varied from 297 gallons .per farm on a group average to 368 gallons.` Individual variations were even greater. At .18 to .19 gallons of •-syilip" j3'er tap, •it took 51 to 6 taps to produce a gallon, of syrup. Labor hours per gallon and per 100 taps were fairly constant for thethrees years on a group average basis. Labor hours per gallon were 1.7 and 1.8 for the three years, and ranged from 30 to 321/2 hours, per 100 taps. - Gross returns per farm ranged from $1,922 to $2,536, and total costs per farm frofri $1,708 ' to . $2,251. Gross returns ' per gallon varied from $6.04 to $6.90, and costs per gallon from $4.77 to $6.16. The lowest cost per gallon ($4.77) in 1967 is attributed! in There is another and' more individual aspect of your proposals to soak the "silenced majority" - the "middle class" the drones — for `benefits' which 1 are not spelled out. Very little ;acknowledgment is given the pensioner, the retiree, the individual with a fixed income. Both Federally and Provincially the word "equity" hag become • part' to lower investment in syrup ,equipment per farm on a smaller number of farms (15)'. and the lower labor rate ($1.25) assessed per hour for t family labor, compared' to $1.50 per hour for the 1968. and 1969. records. Net returns per farm, in order of value, were $89 in 1968, $285 in 1969, andr$454 in 1967 or a spread of $365. Net returns per gallon.were 30c in 1968, 78c in 1969,, and $1.27 in 1967_ Net returns per'tap varied from 5c• to 24c. Gross returns per dollar of costs were $1.05 in 1968, $1.13 in' 196.9,• and $1.27 in 1967. If we take 20 percent as a reasonable margin above costs, only one year (1967) gave a reasonably good return above all costs. - (RYSTALtAKE MOBILE HOME SALES 1970 GLENDALE MOBILE HOMES EXTERIOR: Vertical Panelling --;White, Beige, Light Blue, and Light Creen'with horizontal contrast trim. INTERIOR DECOR --- CONTEMPORARY - 3 BEDROOMS. CONTENT:, -_Gun Furnace, 2 -pc, Chesterfield quite, pull Length Drapes, 1 3' cu. ft. Frig., 4 Burner Stove," Double Stainless Steel Sinks, Power Exhaust, 6 -pc. Dinette Suite, 4,pc. Bath, 100 Amps, , 110/220 V. Electrical Service, Dress:up Shutters. $1,500 down er GODERICHS FULLY SERVICED MOBILE HOME COURT PLANNED FOR THE ENTIRE FAMI Y L CATION — Straight Through on Airport Road, AR 6, Goderich DISPLAY -IOM 'OP.EN'F amt i-5P'E'4-lO 1fl ?OURo CONVENIENCE' Phone Goderich 524.6688 or 524-9895 124.50 a month AT THE MENESET BILE HOME C, IRT It is suggested that1,Hthe Old • Age Pension should not be • Canadais a marginal country. It is an undeveloped country. It is a deceiving country because it FRESH rDAILY- fie has vast area bit minimum population. As the ad says,. it just, a Big Land., — not a big nation. This misconception colors beth federal and provincial outlooks when 'they iirisist, on over-goveiining,..as they do. Canada -is a country suffering. froze inflation. 'I;he' simplest action which once. men did for love, now costs' • dollars and` cents. I -low is .the `country to survive in solvency under , a p ottcy which " insists ' that government Can spend money to better advantage than , : free enterprise? By annually sterilizing large sums of Capital on `make-work' programs which pay no dividends and by trying to "grow "pineapples on the permafrost-"- whicir covers -large areas—off-•the country. Surely• these handicaps are great enough an themselves without trying to flout nature. Why not " a policy of "Reinforcing Success?" Then, eventually the ' funds' might accrue to carry out all the do-goodisms,. the • watless projects so dear to the respective hearts of Federa and Provincial governments. Must we,Canadians livie forever under a' governmental cloud of artificiially-produced defeatism? _ McDoNald `CHART.E iE6 ACCOUNTANT 39 St. Daum 5t., 5240253 G.oderich, Ontario iimmiamigoomipmmiminsimmowis lostt 145 ESSEX ST,•. GODERtCN. 9111010, Available For • PUBLIC OR , PR IVATE. PART! ES :• BINGOS CONCERTS DANCES • - * CONVENTIONS' * Catering to Luncheons * COCKTAIL PARTIES BANQUFTS, ETC,. Special attention to weddings PHONE 524-9371 or 524-9264 • GENERAL INSOFIAl EE p ; 'REAL .ESTATE PROPERTY .MANAGEMEI --Canadian:-ltn.perlaW Bann o1 CommerceBuildiny- Go'der, h. ,.,.i -Dial52449662 T PCE HIAA v • RESERVED FOR YOUR AD A. M. HARPER 'W..BELL QPTOMETRIST The ScitAli 524-7661 CHARTERED ACCOUNTANT 40 THE SQUARE GODERICH, ONTARIO' FRESH DAILY ;TELEPHONE • 524-7562 SLICED 24 oz. loafpONYINI, WM a.. in a colourfully distinctive,,. PPER for extra freshness and added convenience! BETTER THAN EVER! . TRY IT TODAY ! „Jane Parker Delicious HOT CROSS WKS �. :f1T269? :39?1 of4ieador 1.P.youiey� WEST -ST.,,, G4DERICH AH prices shown in this ad guaranteed effective through Saturday, Feb. 28, 1970. UMPKIN PIE 1 'Jane Parker. Daily Dated Reg: 590 -- SAVE 10c FULL 8 -INCH SIZE e Check:these AiP:('ush Savers Powder Detergent C 11 E E R (12c OFF DEAL), giant site box 8 8 T Pouch Pack Cake 'Mix 10 -oz. -- icing Mix 71/4 -oz: SAVE 9p MONARCH MIXES ' 5 pkg.s99fi A & P BRAND - - 2-12 fl. oz. tins — 79c GRAN ._ �E. ,JUICE' LOWEST °PRICE SINCE. SEPT., 1968 White or. Coloured - Reg. Price 390 — SAVE 10c DELSEY BATHROOM.1'ISSUE akgnf' rolls2911 6 fi. o Tins Maple Leaf, Mild, 'Nippy, Onion or Pizzawich•-BUY 3.5AVE 35c (heeseCheei*Slic 1!k;• Nabisco . SHREDDED- WHEAT.. /5-" ”) Salad Dressing KRAFT MIRACLE WHIP 32 -fl -oz; 595i Macaroni & Cheeme . , KRAT • DINNER 7'/2 -oz pkg l sce PILRNS BRAND, SWEET PICKLED Cottage �v, SWIFT'S PREMIUM, BYo THE PIECE LOGP CSX BRAND -,1•I1) Vacuum Padc ND, SMOKED, SLICED, •RINDLESS 1*lb vacuum pack Sl7PER-RIGHT BRA WAV STOKELY Fancy Peas or Green L! i Ia Eeans 14 -OZ TIN Fancy Whole Kernel Corn 12.02 TIN • MIK OR' MATCH' -w SAVE UP T6 1ob Stokely, r ith -Pork d► Ton`?ato Sado* (40 Off, Deal)00 n' 19 -11 -oz tins tiortiObek 4' i y.'