The Wingham Advance-Times, 1985-05-01, Page 22“o
Page 8—Crossroads----May 1, 1985
Craft
Talk
By Louisa Rush
I have recently received
several letters asking for
hints on stretching and
blocking tapes try and
needlepoint pieces. As I
recently finished doing one
myself, I thought itAntould be
a good. idea to include it in
my column.
First you will need a.large
clean board, larger than
your canvas, which should
be covered with either clean
—white blotting paper or tissue
paper.
Dampen the canvas on the
wrong side with a clean
white cloth, which has pre-
viously been rinsed in
clean water and wrung out
tightly. On no account should
your canvas be saturated
.and I stress this point.
Place the canvas on the
board right side down and
thumb tack or staple across
the top of the canvas at half
inch intervals. Make sure all
tacks are along the same
thread of canva,s.
Check thatthe top left
hand corner is a. true right-
angle, using a set -square if
necessary, and similarly pin
down the left side of the can-
vas. The back of the wool
stitching should be damp,
but not wet, so that at this
state it may be necessary to
go ,Over the worked area
again with a damp cloth.
It now remains to tack
down the right hand side of
the canvas and across the
bottom. Do this by carefully
pulling the canvas so that the
top right hand corner is a,
true right angle. Tack down
the right hand side, pulling to
keep straight as you tack.
Check that the bottom
corners are true right
angles, and tack across the
bottom of the canvas. It may
be necessary to take out and
replace some tacks as you
proceed. Do this with a
screwdriver, taking care not
to tear the canvas.
The board should be left
flat where there is a current
of air until the canvas is set
and bone dry. Five days is
recommended.
If the canvas is badly out
of 'shape, it may not be
possible to achieve true right
4
angles at the first stretching,
in which case, the process
should be repeated after,
say, three days. The canvas
should never be pulled more
than it seems prepared to
"give”, otherwise it may rip.
0 0 0
This week's pattern is
made up of two simple
motifs joined together to
make the Cheval Set shown.
The motifs are 2" or 5 cms
across so will make up quite
quickly into whatever
dimensions you require, and
will make a pleasant change
from knitting sweaters.
TO. order this week's pat-
t,ern No. 85-1938 send75 cents
0
pc1171-ter.Afrort.
Mee ro tje- 5ta N SkeT,ry
10r 343 -21o2
•
plus a stamped self address-
ed return envelope. If you do
not have a stamp or envelope
please enclose an extra 50
cents to cover the cost of
handling and print your
name and address. Send to
Louise Rush, "Craft Talk",
486 Montford Drive, Dollard
des Ormeaux, P.Q., H9G
1M6.
Please be sure to state pat,
tern numbers correctly when
ordering and to enclose your
stamped return envelope for
faster service.
At wit's end
by Erma tombeck
When you come right down
to it, there are two kinds of
people in this world: those
who can tolerate a cricket in
the bedroom at night and
those who can't.
I won't tell you which
group I'm in. I will only say
it's a very revealing trait
and offers an insight into the
person's total personality.
Those who tolerate crick-
ets at bedtime are the
kind of people who can sit
• through "Aida" and not hear
a person sitting behind them
Who is ripping a breath mint
out of a wrapper at 82
decibels.
They're the kind of people
•who can go camping and be
oblivious _to a party across
the lake where the thump -
thump of a stereo playing
weird music is carried by the
winds to your campsite.
They're the insensitive
ij
• Nancy Travers was severely burned
last winter She needed plasma, a
blood component.
She got that plasma
BECAUSE PEOPLE
GAVE BLOODf'riends for life
The Canadian Red Cross Society
kind of people who can sleep
right through a crying baby
at 3 a.m. and have the gall to
say the next morning, "Why
didn't you .wake me? I'd
have warmed the bottle."
They can play poker with
the guys until 3 a.m. and then
come home and tell you with
a straight face that they
don't know if the Floyds are
getting a divorce or not. Ha!
Ha! ,
You can't miss 'em. When-
ever you see a mouse in the
house in the fall, these aref
the flakes who will tell you,
"It's only a field mouse and
he's just as scared as you
are" . . . when you know in
'your heart the mouse is
pregriaiit add is' bilitiling-
condo in your spices.
Oh, make no mistake, it,
takes a special breed of per-
son who can lie in bed and
hear a cricket's bloodcurd-
ling screech in the closet,
--bathroom-i—then
under the bed, and feel
nothing.
That's it. These' people
don't feel. They don't
"'acknowledge a dripping
faucet, a hook that isn't fast-
ened a'bo-ve a 2ippet; a 'Stamp
put on a letter..crooked, a
'•cupboard door in the kitchen
---stantittsg-gar.
They're just!' animals!
They can put a book down in
the middle of a page, never
wash their hands after play-
ing with the' dog, don't brush
after every meal, and 'call
their mother on Mother's
Day . . . collect!
But mostly, they're people
who can sleep while an
animal i under their bed
rubbing its legs together
with a sound that shatters
glass, As I said, I won't tell
you ,which group I'm in, but
youall know *who you areout
there.
In' 1984, St. John Am-
bulance trained 110,000 peo-
ple in Ontario in first aid and
cardio pulmonary resuscita-
tion courses. More than half
were employees in business
and industry trained by St.
John to meet provincial
regulations and to help re-
duce accidents by increasing
safety awareness. For infor-
mation „contact St. John
Ambulance in your com-
munity or in Toronto at 46
Wellesley St E. (416) 923-
8411.
Ordinarily you wouldn't
expect a new and used book
store to be a tourist attrac-
tion. But the Highway Book
Shop iirthe Cobalt area its no
ordinary book store.
First of all, it's out in the
middle of nowhere. There's
nothing but bush country
around it. It's miles from
any urban centre. There are
just a few farm houses in the
distance. And the only ap-
parent signs of activity are
the cars and trucks on near-
by Highway, 11 which leads
up to the James Bay Fron-
tier.
But the Highway Book
Shop startles people who
stop 'there. Because it's
huge! Although it's way out
in the country, it's vast! It
rambles on and on. And
there are over a quarter of a
million books on the shelves!
Every time I've visited the
big complex there have been
several people wandering
around looking at, or buying,
books. During the summer
the big store is visited by an
average of 1,000 buyers or
browsers a week.
In the back part of the
building iS the publishing
side of the business. In terms
of titles produced, the High-
way Book Shop ranks up
there with Ontario's top pub -
fishers. The last I heard
they'd published over 200
titles, the majority small
books about the north coun-
try.
The man behind this suc-
cess story is Doug Pollard.
In 1957 he and his wife open-
ed a small printing shop on
some property they owned
beside Highway 11. Later
they began to sell books as a
.sideline. Then people started
to ask for more local histori-
cal material, and Pollard
began printing local . pam-
phlets. Eventually .he
branched out into publishing
northern, authors.
The whole thing mush-
roomed and there are now 12
full-time employees. The
walls bulge with books. The
presses are constantly print-
ing and reprinting publica-
tions.
Pollard himself is a book
addict. A vociferous reader.
And he's been a boon to
writers and artists who live
in the northland. He's so
highly regarded that Njpis-
smg University conferred an..
honorary Doctor of Letters
degree upon him, because of
his contribution to culture in
the north.
I've never met Dr. Pol-
lard. He's on the road much
off the time buying books, ar-
ranging distribution and so
forth. I've heard about him,
read about him, and seen
pictures off him, but locating
him has always eluded me.
Of course, I'm alwaystra-
velling too.
A publisher friend of mine,
Ian Rhind, tried for months
to arrange a meeting of Doug
and myself. \ One time we
were close, but missed each
other by about five minutes.
I hope our paths cross
someday. Hopetupy,•right on
his home grounds, At On-
tario's now -famous Book
Shop.
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Only two ways to earn investment income
— Own or loan.
Two words that rhyme
and they represent the only
two ways you and 1 can le-
gally earn investment
income.
When I was a child, I was
taught by my parents that
the only safe, sound invest-
ment I should ever make
was to deposit (loan) my
money to a sound financial
institution, called a bank,
or trust company. There
was supposedly no risk,
and there was an assured
gain.
Not same problems
These -aspects of "loan-
ing" money are still true
today? But today we have
problems that were not pre-
valent in my growing up
years. Then, in the 30s, if
my parents deposited $100
in the bank and earned ,
three per cent, they had a
three per cent spendable
gain. There was no infla-
tion, and they paid no in-
come tax:
Today, if I follow theirad-
vice, I can't seem to get
ahead. If I loan my dollars
to an institution that pays
me interest, I find the gov-
ernment wants to tax all
those dollars (once the
$1,000 investment credit is
used up) that I earn. This
means if I earn 12 per cent,
the government wants six
per cent in the form of taxes
-(if I'm in the 50 per cent tax
bracket) leaving me with
only six per cent.
Then I discover that in ,
the past 10 years inflation
has averaged over nine per
cent per year. That leaves
me with a three per cen t /oss •
in spendable dollars; whe-
Advertisement
IT'S YOUR MONEY
Paul J. Rockel
reas my parents on y
earned three per cent, but
had a three per cent pur-
chasing power gain. True,
in 1984 we had the lowest it,
nation record in years at 4.4
per cent. But, even with
that low inflation rate, if I,
earned 12 percent, lost 6 per
cent to taxes, and 4.4 per
cent to inflation, it leaves
me with only 1.6 per cent
spendable gain. In • truth,
now that inflation is at this
low point, it is hard to find
an institution that will pay
me 12 per cent; most are
paying 11 per cent.and less.
At: 11 per cent, I'd lose 5.5
per cent to taxes, 4.4 per
cent to inflation (in 1984)
leaving me with only 1.1 per
cent in spendable gain.
Is the correct advice I was
given 40 and 50 years ago,
still correct today?
„ I say "no." There is
simply no way I can get sub-
stantially ahead by being a
"loaner". When I deposit
moneyin the bank I am •
really lending them my
money and they are agree-
ing to pay me "rent" (inter-
est) for the use of my money.
How can I improve my in-
vestment return, to keep
'pace with inflation, and re-
duce my taxes? I must
"own" something, that
"earns" me dividends, and
increases in value (capital
gains)., Both these "types"
-of-return are_taxed at only 1/2
or less than interest gains.
But, maybe you're like
me, and don't know how to
invest in ownership, partic-
ularly in such things as
apartment houses, or
stocks. That's why I use
mutual funds, many of
which have proven aver-
ages of 15 per cent and 20
percent over the past years.
Using the 15 per cent exam-
ple, the maximum tax I
would pay (for most people
it's less) would be 25 per
cent, namely 3.888 per cent
(3.9 per cent), and losing 4.4
per cent to inflation, leav-
ing me with a spendable
gain of 6.7 per cent. Com-
pare that with my 1.1 per
cent spendable gain on
earning 11 per cent interest.
Sorry, mom and dad,
times have changed, and
your advice no longer fits. I
can't afford to "loan", I
•
must' "own".
For a FREE table show-
ing 5 -year Guaranteed In-
vestment Rates over the
past 16 years, vs. two mut,
ual funds, write Paul J.
'Rockel, Regal Financial
Centre, 153 Union St. E.,
Waterloo, Ont. 1‘12J 1C4.
Ask for "The Choice is
Yours" chart.
Paul J. Rockel is President of
Regal Capital Planners Ltd.
and of the Independent !ri-
ves nt Fund Dealers As-
aocIt3thj of Canada.
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