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The Brussels Post, 1972-03-15, Page 6ENTERTAINMENT: AT THE NEW AMERICAN HOTEL BRUSSELS, ONT. "Gordon Ross and The Lamplighters" Friday and Saturday Night WE FEATURE:— Turkey — Spareribs and Sauerkraut — Fish and Chips * * *** * * ** * * *** DANCING at FAMILY PARADISE Huron 4H Organization Sets Dates for Meetings Th9. 441 Club movement In Canada remain$ as one Of the strong youth organizations of the World. Membership in Canada is getting close to the 80,000 mark in over 700 different agricul- tural clubs. The chief objectives of 4-H are: !. To provide experience for young people which will assist with their personal growth and development. 2. To motivate young people to Prepare themselves for res- ponsible living. 3. To help young people: (a) develop an appreciation of agriculture and the major role it plays in community life. (b) develop self-confidence and the ability to work with others. (C) develop a sense of res- ponsibility and qualities of leadership. (0) acquire the habits and atti- tudes necessary for a satisfy- ing home and community life. (e) acquire knowledge and skills of modern agriculture. On March 20th through to March 24th, most of the 4-H Clubs in Huron County will be organized. 4-H Clubs are open to girls and boys who have reached their 11th birthday by January 1st, 1972 and have not reached their 21st birthday by December 31st, 1972, Clubs offered are as follows: 4-H Beef or Dairy Calf Clubs; Feed and care for one calf during the club year. Junior Heifer - born between January 1st and. May 1st, 1972. Senior Heifer - born between July 1st and Dec- ember 31st, 1971. Baby beef steers and heifers for market purposes are also in thii Senior age group. or maybe a group of five or more steers. 4-H Swine Club: To feed and care 1) one pair of weaning s9wP for the club year or 2) one Weanling sow to be kept for breeding purposes and one pig, either sow or barrow, for market purposes. Senior members (16 as of. January 1st, 1972) of a Swine Club may enroll in a Market Hog Club where they feed and care for a minimum of five market hogs. 4-H Field Crop Clubs: The members must seed and care for one acre, of either corn or forage or white beans. Multi-Project Clubs: Mein- tiers in field Crop, may take up to three difference projects within the same club. 4-H Tractor and Machinery Maintenance Clubs: Keep records of the cost of operating and maintaining the farm tractor during the club year. Study eco- nomical tractor operation and maintenance and learn how to make minor adjustments. Senior Projects (members must be 16 as of January 1st, 1972). Conservation: Many projects are available, dealing with forests, soil, water, fish and Wildlife in our modern economy. What The Tax Change Can Mean by J. J. Hagarty, Area Co-ordinator and Farm Man- agement Specialist, Ontario Department of Agriculture For the past two years - following the White Paper, we have heard a lot about the new tax proposals. Now that the chan- ges are no longer proposals, but are in fact law; we continue to hear even more, One theme that seems popular is "don't worry - the average taxpayer has nothing to be concerned about. All this about capital gains and valuation day does not apply to the average taxpayer." But, what about farmers? They may be glad to hear they are not con- sidered average; in fact, they must be considered special. Be- cause the farmer is a business man, he does have a number of things to be concerned about. Okay - What are they? A new Provincial Succession Duty with increased exemp- ions, but double the old rates. The $10,000. once in a life- time gift of farm property is out - you can still make gifts of $2,000. to one individual - up to a total of $10•,000. per year. You can still file on the cash basis - but all new capital assets must be depreciated on the diminishing balance basis. No more basic herd additions except for the year 1971 - when filing this year prior to April 30th. If you sell milk quota this year - then 20 per cent of its value will be added to taxable income - eventually 50 per cent will be added to income. - Those buying quota can de, preciate one half of it - at 10 per cent per year. Capital gains tax is effect- ive as of January 1st, 1972. What should a farmer do now? What can he put off for a few months? From now until April 30th, everyone will be filing their 1971 returns under the old rules. This gives some breathing room; a chance to learn more details before filing next year. The main thing that farrne-rs can d o now is: record a pres- ent fair market value of land, buildings, machinery and exist- ing basic herd. This should go on all records - such as CAN- FARM, accountants reports, etc. In a few years these records may be very valuable assets. How do you know what value to place on these capital as- sets? A.A.C.I. following his name. He will also tell you how much it will cost prior to any agreement. BEWARE of strangers who sol- icit work. The report by an. Accredited Appraiser does not need to be done immediately. An appraisal done in the next few years can provide the doc- umentation as to the value on December 31st, 1971. 2. A real estate man will give a letter of opinion for $50. to $100. An auctioneer could give a similar opinion on the live- stock and machinery. 3. A do-it-yourself project. This may not be wise if you live near a city and expect the land to go up quickly in -value. How- ever, my guess is that for most farms, the Department of Nat- ional Revenue will accept real- istic appraisals done with care by the individual owner. Record as much information as you can think of: (a) LAND - year of purchase and purchase price, pantie- ularily if recently pur- chased - an agricultural val- ue as well as a present market value - sales of sim- ilar properties - condition of development, clearing, leveling or tiling - produc- tivity of property - a de- tailed sketch of the property showing powerlines, bushes. roans, permanent 'wahines- location of nearby property that may affect present val- uation. (b) BUILDINGS AND MACHIN- ERY - structure, material, year constructed or pur- chased, major repairs or changes and condition. (c) BASIC HERDS - number of animals, age of animals, productivity of animals, (R.O.P. or D.H.I.A. records). weights of animals, similar sale values. Take a few pictures. Don't send these records to anyone - keep them in a safe place. When you sell the farm you will need this information. And if you spend your -remain- ing days on the farm, your child- ren will say, ,,My, wasn't he a smart old fellow." USE POST WANT-ADS DIAL 887-6641 QUEEN'S HOTEL. BRUSSELS FRIDAY and SATURDAY NIGHT:— "THE HUMMINGBIRDS" From Elmira Dining Lounge Open Sunday 4 to 7 p.m. Licensed under L.C.B.O. In the Series of Special Services at BRUSSELS UNITED CHURCH on SUNDAY, MARCH 19th at 11:30 a.m. The "Leithe" Band, consisting of Ray LeDrew, John Elliott, Allan Cardiff and Dale Wheeler will assist in the morning service. The Church is making a special effort to appeal to and please all age groups. We especially urge the Young People to attend. The next special service will be on EASTER SUNDAY, APRIL 2nd SUNDAY, APRIL 16th The Inspirations, Gospel Singers from Guelph will assist HURON COUNTY 4-H ORGANIZATIONAL MEETINGS 1. BRUSSELS CENTRAL PUBLIC SCHOOL Monday, March 20th, 1972 at 2 p.m. — Brussels 4-H Calf Club 2. HOWICK CENTRAL PUBLIC SCHOOL Monday, March 20th, 1972 at,,,I11 — Howick 4-H Calf Club — North Huron 4-H Corn Club 3. —BLYTH PUBLIC SCHOOL Tuesday, March 21st, 1972 at 8 p.m. — Blyth 4-14 Dairy Calf Club Blyth-Belgrave 4-H Beef Club - Blyth 4-H Corn Club The Huron County 4-H Machinery Maintenance 0llith and the Huron County 4-H Conservation Club will be or- patio' ed at a later date. Enrolment forms can be filled out and handed in at the Organizational meeting for these clubs and any other clubs that you may wish to join. You may also enroll by Sending your .application form to 'the Ontario Depart- Mint of Agriculture & Food, Box 159, Clinton, Ontario. All boys and girls who have reached their 11th birth- day by Sanitary 1st, 1972, and have not reached their 21st birthday by December 31st, 1972, are invited to join one of these clubs. If you are a parent who would like to see your child join a 4-H Club, please feel free to contact Leonard MacGregor, Extension Assistant, Ontario Department of Agriculture & Food at 4823428 or in the evenings at 482-7986. Huron County 4-H Agricultural Club Leaders' Association !. Hire an Accredited Ap- praiser. This is the safest way. He is a professional and his judgement will likely stand up in court. However, It could cost $150. - $800; and there are very few who are qualified. We know of only a few such men. CAUTION - An Accredited Ap- praiser will have the Initials 6--THE BRUSSELS POST, MARCH 15, 1972 Refreshments Available Family Paradise Camping and Snowmobile Club DANCES Fri. March 17 •- Ken Wilbee (Advance sale only) Sat. March 25 - Ken Scott Lunch Served ti ci