HomeMy WebLinkAboutThe Huron Expositor, 1942-09-04, Page 31
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The Abolition of Interest.
( Ry R. J. Deachman)
On the question - of interest the
C.C.F. is amazingly contradictory.
The platform: of the party can be
put in one word—socialism. . In West-
ern Canada the bulk of its supporters
are anti -socialistic. The problem, is
solved by amending socialism, limit -
Lug its application to industrial and
financial ' corporations, leaving out
the basic industries, especially the
farmer - be is to be Left severely
alone. -
That arrangement could not last
very long, for socialism involves plan-
ning and plwanning' if it has any si.g-
iificance carries With it centralized
•control over • men, material and fin-
ance. This, of course, means the end
of freedom as ire have known it. Un-
der socialism and planning we will do
what we are told: whether we like it
or not. From all this the farmer is
ter. -be elempt. How .the nation is to
live 'half slave and half free has not
,so far been explained.
The C.C.F. ,proposes °to abolish in-
terest—in the exact words of Mr. Cold-
well:
"We want to end the -interest sys-
tem." It will be admitted at once
that this involves 'also the end of
profits. We cannot permit profits to
exist and at• the same time abolish
interest.. The man who had money
would put it into some font of bgsi•
ness, even farming, and make money
out of it. It would be a strange sys-
tem in which this is permitted while
the ,right to loan money to another
to do the same thing is 'prohibited:
There still, remains the real problem
—how is' the nation to be' organized
ihalf on the profit system, borrowing
money, paying interest, while the
other half moves along under social-
ism where interest is forbidden and
profits are verbotten?'
It would of course'be possible under
pure socialism, purer than we have
ever had before, to abolish profits and
abolish interest. But "abolish" in
Imagine it! Yeast that cuts
baking time down to half a day
—that produces lighter, tastier
bread and buns than ever before
—that actually keeps without re-
frigeration—and in addition to
these advantages saves you
money as welll No wonder thou-
sands of Viomen^,
are insisting on
• the amazing
neW HI -DO '
Yeast and no-
other.
y°
t
moneyoat
if you cannot agree thdt HI -DO is
the finest yeast you ever used. Sim-
ply return package, name of grocer
and your name and address to:
Dehydrated Yeast Sales Co., 221
Church St., Toronto.
`without R�FRIGE.RATIU:N'
A 'MODNRN .. .
QUINT .
WILL C„ ONDUCTID .:
CONVINI*NTLY LOCAUD•
NOMI'. m e
Close to;' PMtlia moi Bn jiItilsw;
Ufuvernty o4' Toro oi' yy�tto
Se-Otaf, Cis— tale
Shop'brus ' aceta
Haae4s. Thsattee, Chtttehao
of Every Deoosaitoetiou.
. A 1K. �ntiu Fos,idso t
ly;t3wrS,1�..
iurt'314 b.d:r. i'sa
this sense would necessitate the crea
tion of something else to put in its/
place, something ' differing in name,
capable of functioning in a similar
manner.
Suppose a 'western farmer has a
certain amount of lower. -grade wheat
and feels that the best means of mar-
keting it Would be to buy hogs and
feed it to them, if his credit is good
the process under the present system
is very simple: He goes to the bank,
borrows the money, buys the hogs.
How this is to be done under soe=
ialism,bas never been made clear. Of
course if the profit system has been
abolished there is not the slightest
reason why the'farmer should worry
his head about it. He will, under so-
cialismi be just as well off if he tells
Messrs. Douglas and Coldwell to get
busy and feed their own: The farm-
er, of course, might raise his hogs'
and avoid buying. That, however, is
a 'matter which might very well be
left to the farmer. It is absurd to
assume that the .State would govern
his every' act, tell him when to buy
a cow and how often to milk it.
As a matter of fact interest is ab-
solutely essential and, cannot be abol-
ished even in a socialist state unless
we are willing to sacrifice progress in
order to worship a theory. It would in-
deed be• a strange world where a man
was no longer permitted to use his
own credit to advance his own and
the nation's interests. If Socialism re-
fuses to consider some means to the
end it must contemplate reteogres
Sion rather than progress. However,
one never knows what lies hidden in
the bleeve of a planner. This would
be a more interesting world if those
who plan the future of our every act
would give us fuller details of the
kind of world in which we will -be
expected to Live when the revolution
is over and we settle down again to
the details of ordinary living.
CKNX' — WINGH•AM
- 920 Kcs. 326 Meters
WEEKLY PROGRAM HIGHLIGHTS
Friday, Sept. 4-9 a.m., Mason's
United, Radio; 1.45 p.m., "They Tell
Me"; 7.3U, Laura at the eyboard; 8,
Hanover Review,
;Saturday, Sept. 5-7.30 arm., CKNX
Breakfast Club; 11, Saturday 'Morning
Frolic; 6.45 p.m., Evening News; 8,
CKNX Barn Dance.
Sunday, Sept. 6=2 p.m., Cranston
-Hour; 3.30, Waltz Time; 6, Venus
Concert; 7.30, Church Service.
Monday, Sept. 7-8.30 a.m., The
Early Birds; 9.30, Mason's United Ra-
dio; 11, "At Home with the Ladies";
;'1.45 p.m., "They Tell :Me."
Tuesday, Sept. 8-7.30 a.m., ."Ever -
ready Time"; 1.15 p.m., Eddy Duchin
Orchestra; 8.30, CKNX Ranch Boys;
9.30, Cheers from Camp•
Wednesday, Sept. 9-8.25. a.ni., Ov-
ernight News Summary; .1 p.m., Ma-
'son's • United Radio; 8.30, "Step It
Up"; 9, Ernie and Audrie..
Thursday, Sept, 10-8.45 a.m., Hymn
Time, H. V. Pym; 6.30 P.m., Pgrt El-
gin Review; 9.30, Gillette Fight.
Fertilizers
Very few wheat growers in Huron
County attempt to grow winter wheat
without fertilizers any more, but it
is well to draw to their attention that
the use of fertilizers on wheat is bas-
ed on the profitableness of the prac-
tice, provided the land is well prepar-
ed and that good seed has been used.
This was borne out in the test just
completed on the farm of Wilfred
Shortreed, Walton.
The soil on which the wheat was
,gro*n is Ldndon loam, i which is
brown loam over greyish mottled
'stony loam and clay. It is alkaline
in reaction, low in nitrogenand•very
low in phosphoric acid and potas-tis,
but has a medium supplyof calcium.
In the spring, Mr. Shortreed report-
ed that the crops had come through
the winter exceptionally well, with no
winter killing. At that time he could
see no difference in the plots but at
harvest time whorl the wwhE-.at was cut,
the ,2-12-19 y] led 33.8 bushels per
acre whit the unfertilized yielded.
29.2. Hn ce there was a clear.. gain
of 4.6 Ibusels per acre from fertiliz-
ing. The 2-12.10 was, quoted at $37.00
cash and Mr. Shortreed applied fer-
tilizer at approximately 200 pounds
per acre which would represent an
investment of $3.70. With wheat at
$1.00 per bushel there was still room
fona nice interest on the money* in-
vested.
It should be, noted that the plots
where the wheat was grown were in
an especially rich section of the farm,
hence the difference between the
fertilized and unfertilized was mtioh
less than ,would be looked for on the
average wheat field. The sample of
wheat was''good and both' fertilized
and unfertilized wheat, 1 weigli¢d ap-
proximately 60 pounds • ite the bushel.
(Continued from Page 2)
just north' of the 'Maitland river
mouth. He watched it from his yacht
and took sortie pictuaes of it., A south-
east gale whipped it up the shoreline
as ,it gathered in "size and Velocity.
At Point (Farm, it was blown out
across Lake Huron in a northwester-
ly direction and its height covered
the distance from the water. to the
horizon, where it passed of of sight.
It would have been .plain murder had
it struck small craft, he Said, but all
small boats- were .stormbound in har-
bor.—Goderich ,Signal -Star. -
Rushed To Hospital
Mr. , John Cutting, of town, was
rushed to Victoria Hospital, London,
early Sunday morning for and opera-
tion for stomach trouble. He was tak=
en to the hospital in Mr. E. R. Hop-
per's ambulance. We wish him a
speedy recovery.—Exeter Times -Advo-
cate.
Fractures Bone in Right Leg
Mr, 011ace Desjardine,.Grand Bend,
on Friday. last fractured a bone in
his right leg while working for the
Royal Canadian Engineers in con•
struction work at the new military
camp at Ipperwash. Mr. Desjardine
was in the act of laying a tile in a
drain 'when a clod of earth fell on
his leg, causing the fracture. He con-
tinued w4th his work fora couple of
hotirs before coming to Exeter where
the fracture was set by Dr. Dunlop. -
Exeter Times -Advocate.
Hears From Niece
Mrs. E..'L. Mittel recently received
a better from her niece, Miss Beryl
Salter, who was interned ,in Italy in
company with some friends from
Switzerland on June 10, 1940. Miss
Salter is new in Macerata, Italy, She
writes that she is in good health and
is receiving fairly regularly the food
'Parcels sent by the Red Cross. She
says there' is plenty in these parcels
4nd she is able to put by some for
emergency. In June of this year she
received a parcel of clothing and
other. articles sent by her sister, Mrs.
Charles Stevens, of Timmins, who has
also heard from her. She speaks of
receiving the letters her family have
fogom tQ tack+ g.,
r. emit ,14 441407,, , , Ivritti4T,
iet4tere oft 'e .e2A wwe4A A
P,e0e0o,( f9001itrn ) � m i n ort
reached her..7 i tbke,p 7ncr WOO' ia!taei*
and it seeSaeints Meat ii£t she will yen -
thine -fo receive t# ''Letters and par -
eels wihieb are being 13014 to her.--
pllntou NewsaReeixd,
Ray .Perkl;ne- Htonored
,On .Friday evening'neighbors and
friends of Mr. and Mrs. Harvey
Perkins, of RTffborne, met 'at then
home to honor their son, Ray, who
is shortly leaving for the west "coast
after two weeks' furlough. Mr.
William Moodie 'made a short speee:h
with best wishes ter Ray's 'future
welfare and presentation were made
by Roylance Westcott and' Mrs. Gar-
net Hicks. Ray was presented with
a money belt and a leather-bound
writing case. The rest of the even-
ing was .spent in community singing.
—Exeter Times -Advocate.
Soyebeans
Soybeans contain from 35 to 40 per
cent of protein and are the richest in
this respect of all the commonly
grown seeds says F. Dimmock, Divi-
sion of Forage 'Plants., qentral Experi-
mental Farm, Ottawa. This means
that one pound of protein Is contain-
ed in about 21% -pounds of soybeans.
It would require from ''eight to ten
pounds of wheat, oats or barley to
yield an equal amount of protein to
this. Not only is the content of pro-
tein in soybeans very high but it is
of distinctly better quality than that
of. other common seeds, and is claim-
ed to be comparable to the proteins
of animal ,• origin, ,such as tankage,
meat scrap and (fish meal. Soybean
protein is said to be a complete pro-
tein, meaning one that is rich in all
of the properties essential for growth,
maintenance and' production. •
Soybeans also contain, from 15 to
20 per cent of oil of high quality,
which is used both for industrial and
edible purposes. •This. oil contains
from one to three per cent of lecithin,
a. phosph8rus rich substance which
has many uses, and which is present
in egg yolks.
In addition to being high in pro-
tein and oil soybeans 'contain apprec-
iable amounts of calcium and phos-
phorus and are a rich source of Vit-
amins Bl and B2.
It is interesting to know that soy-
beans of the. highest quality can be
grown in Candda, and their produc-
tion is regarded as a distinct contri-
bution to Canada's war effort.
school dayls are ;ll t arg4-4 00 Ober'
Per, and. t4 many mothers, the i x
tion of this faFt 'brings to mihtli
thought of sabot* Iltuclhea tg '00 Oa •
ed; and what to put 10 thertt pres.enta
a. constantly recurring problem from
,September to June.
The role that the school lunch box
plays in the lives oil those children
who must always take their non -day
meal to school is an important one.
While one poorly -planned lunch may
have no very far-reaching or obvious
effect, a succession of them through a.
child's school years may make. the
difference between a poor scholar and
a good ode—poor health or good
health in later! life. The contents of
the school lunch box should be care-
fully planned to meet the 'standards
of good nutrition, and be varied from
day to day.
If facilities are available at school
for'the heating of food brought from
Home, or for -the serving of one hot
dish' prepared at the school, the
mother's work is simplified. Cream-
ed eggs, meat, fish, vegetables, stew,
or meat and .vegetable broth or a
cream 'soup can be carried from home.
to be heated at school and served as
the main lunch dish; this together
with whole wheat bread and butter,
a generous serving of fruit, a cookie
for dessert and milk to drink, makes
a lunch which is acceptable alike to
its small consumer and to the exact-
ing •standards of the nutritionists.
When the whole Punch has to be
supplied from home, a thermos bottle
is an essential, as some hot food
should be included each day. Sand-
wiches form the basis of this type of
lunch and they should be made from
either whole-wheat or Canada approv-
ed white bread and there should be
two types -one made from eggs,
meat, cheese or fish to ' supply the
building or protein requirements of
the child, and the other containing
raw vegetables as lettuce, tomato,
chopped celery or something to satis-
fy the sweet tooth: The rest of the
lunch can be satisfactorily rounded
out with a simple dessert—fresh fruit,
peaches, grapes, oranges, apples or
perhaps a cup -custard, blanc mange,'
or fruit jelly. Stewed fruit will car-
ry well in small' screw-top jars, and.
milk, cocoa or a cream soup in the
thermos, with a cookie, ,bran, or wheat
germ muffin to top off with will com-
plete the menu.
In 'districts where no facilities are
yet available for the serving of a
An Additional Million
.rt.
THAT is the minimum objective set by the
Government for Canadian: farmers if we csvet4►e
meet the serious wool shortage. created; bq die war,.'
The Government will pay freight charges to: -
your locality on ewes and ewe . la,rnbs for breeding
purposes, and will loan rams to those who establish
new flocks.
If you need funds to buy sleep orother
foundation stock, this Bank will b®glad to assist
you. ` Call and discuss your plans now.
THE
DOMINION BANK
ESTABLISHED 1871
SEAFORTH BRANCH -
E. C. Boswell - Manager
simple hot dish at school,' Women's
Institutes and Home and School Clubs
have a • ready-made project for fall
work. It is 'surprising how littleis
needed' in the way of equipment, and
the resulting benefits to the children
through better lunches will be well
Worthwhile.
Criticism
The great Disraeli once said: "Its
is much easier to be critical than cor-
rect." Constructive criticism may be
and often is, helpful; but destructive
criticism robs one of courage, autt.
usually degenerates into fault finding.
There is always something in others
which is worthy of praise,: and ap-
preciation
preciation leads to further effort.
• Love
Love's voice doth sing as sweetly
in a beggar as in a king.—g3ecket'«,
" " The Next Thing
I have learned that to do one's meat
duty is to take a step toward all that
is worth possessing.—J. G. Weiland.
HERE ARE ONLY A FEW PEOPLE WHO WILL BE, INTERESTED IN THIS ADVERTISEMENT
•
"EDS be brutally frank. The man• or woman' who buys a
Victory Bond or Certificate to save face, then sells it—
except in case of dire necessity—is a welsher.
True, there is no law which says you cannot sell your
Victory Bonds or Certificates. It is not a legal obligation
that you keep them for the duration. But there is a moral
promise to make & loan to your Country for the War period.
To evade that -undertaking through sale, at this time of
great need, is to welsh—it is 'the denial of an obligation
which you admitted and accepted by your act of purchase.
Your Country does not ask you to deny yourself those
necessary things which make for decent living, that you may
buy Victory Bonds and Certificates. But the voice of Public
Opinion does say that those persons who now insist on the
unnecessary luxuries of life are not themselves decent.
Of course—you have no immediate cause for worry. No
one will ask you to cross the beach and climb the cliffs of
Dieppe. You are not in a slit trench with Stuka Dive -Bombers
showering death about you. The blazing sun of Africa—
the wind -driven sands—will never cut,and blister your skin
until every exposed part of your body becomes a festering
sore. No—you will never feel the vibrant crash of,a torpedo
—the tilt of a ship's deck under your feet as it slides to
Davey Jones. No one is asking you to leave your favorite
chair tonight and fly over Germany. None of these things
is asked of you.
All you are asked to do is to lend to your Country--
Canada—lend at interest all the money you can possibly
spare to provide the tools for those mea who are fighting your
fight You are not expected to deprive yourself to the extent
char you must live below the level of ordinary decency.
But if you think you are doing your part by buying Victory
13onds only to sell them—then, you had better take yourself
into a dark room and ask yourself some soul-searching
questions. Ask yourself what you are doing to protect your
loved ones, your Country, and your way"of life.
If you do this we know what the answer will be. We
know because the then and women of Canada are inherently
decent people. They value the good opinion and respect
of friends and neighbors. But most important is the fact
that we Canadians' value our own self-respect. We .ask
charity from none—we assume our obligation to work and
�''feil'd. So there can only be one answer—you will bold your
Victory Bonds and Certificates for the duration except in,
cases of extreme necessity.
NATIONAL WAR FINANCE COMMITTEE
C444.2
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