The Lucknow Sentinel, 1987-10-28, Page 44
Page 4—Lucknow Sentinel, Wednesday, October 28, 1987
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Monumental tumble
If last Monday had have been the year 1929, most of us would be on
the street selling apples for a nickel each today. On 'Black Monday'.
the stock market took a monumental tumble, a fall much greater than
the one which began the Great Depression on the 1930's.
While we hear a great deal about the 'crash' of last week on the
news, one must wonder how this will effect us in the long run. It would
appear that. unless you happen to have a great deal of money tied up .
in stocks, the effect will be minimal.
Forthe consumer, interest rates on borrowed money hove dropped
meaning it costs less now to borrow from a bank than it would have two
weeks ago.
For most of us, it is hard to understand what a stock market crash is.
It no longer means there will be thousands suddenly unemployed but
rather, it simply means that stock brokers, when cooler heads should
have prevailed, got worried and began to sell, sell. sell. The trend will
eventually reverse itself as those who play the stocks begin to realize
they can reduce their losses and even make money if they buy, buy,
buy.
We've come a long way economically since 1929. Don't expect to see
hardship and hobos result from this latest, crash. It took a World War to
change the 'Dirty Thirties' and bring about prosperity again. Let's be
thankful we are able to recover from this latest crash without invading
anyone.
Black Monday has served to show brokers that their is a very thin line
between profit and loss. a fact most farmers have come to realize the
hard way. It seems the only people who really lost in this crash were
the people who could afford to. R.B.
It seems, and rightly so, that all the good
ghost stories come out of the dark closet at
this time of year. Everyone has one, don't
they? A ghost story I mean, not a dark
closet.
It was a dark and stormy night. The
weeping willow outside the window could
be heard moaning as the strong north wind
forced it to bow its majestic head. The rain
hit the windows like bullets as the fire in
the mantle sputtered and breathed its last.
breath leaving only winking embers to
watch the now darkened room.
In the next room, with a false sense of
warmth given by the overhead light, we
prepared for sleep. The curtains were
drawn but the howl of the storm crept
through the house like a demon.
The bedside lamp was switched off and I
settled in for a cozy sleep. Sheets and
blankets pulled tight around my shoulders,
I listened to the wind in the trees and the
rain on the sill. Noises sound louder when
listened to in the dark.
The gentle, rythmic breathing of my
wife signaled her successful journey to the
land of Nod. For me, sleep would not come
so easily as the storm grew in intensity
causing the eaves to groan and the willow
to weep all the louder.
There had been talk of a ghost in the old
house. It is said the spectre is that of a
young woman who drowned in a storm on
the lake. A storm not unlike the one that
kept me awake and kept the hairs on my
neck standing. But those were just stories.
Stories that became all the more vivid as I
lay awake and shivering under the covers
that fateful night.
I froze motionless as the basement sump
pump kicked in and gurgled about its
duties. I forgot, for a moment, about the
storm and concentrated on the sounds of
moving water from the basement. The
same kinds of noises that were the last
heard by the young women who had
drowned so many years ago.
But it's only the pump. I've heard that
same noise everyday since we moved to
the . house on the bluff. Trying to, think
about pleasant thoughts, I strained to
forget the drowning woman, who, I was
sure, was in the basement a few feet below
me at that very moment.
With my senses heightened by the storm
and the terrible sound of swirling water
from below, I stared into -411e
darkness...waiting.
My wait was a short one.
It started softly as if it hadn't happened
at all. But it got louder and closer and it
was definitely coming from behind the
closed door of the closet.
Footsteps. Small footsteps walking
around in the tiny closet. They shuffled
from wall to wall as if looking for an
escape. Not ten feet from where I lay,
something was walking around in my
closet.
My pulse quickened and my breathing
almost stopped as I sat bolt upright and
listened, hoping it was my imagination or
the storm playing tricks on me.
The footsteps continued and moved ever
quicker as I braved the darkess to find the
light switch. The closet door was closed
and the footsteps continued.
With a deep breathe I was sure would be
my last, I reached for the doorknob and
stood transfixed for an eternity staring at
the closet. Slowly I turned the knob until it
clicked and with all' the strength I could
muster that cold, dark night, I pulled open
the closet door.
I saw heaven and hell flash before my
eyes as Mrs. Hibbert's cat, Thumper, leapt
from the closet and escaped between my
legs. Seems the old cat had gotten into the
house sometimeduring the day and had
been asleep in the clothes closet until
awakened by the storm outside. We don't
have a cat and Thumper was the last thing
I expected to jump from the dark closet. At
that moment, I was never so happy to see a
cat.
The sump pump stopped, the storm
abated and I slept soundly having rid our
home of the ghoul.
Have a safe and happy Halloween.
WELtorIEl/.1-a
1^C `� ....
i
What does a fanner say to a stockbroker?
70 years ago
November 1, 1917
A political sensation -Mr. Charles
Baechler's announcement last week that
he would be a candidate for election to the
House of Conimons created something of a
sensation among,. his Kinloss acquain-
tances. Few of them think that he will
make the grade on Parliament Hill, but if
he succeeds in getting his name on the
ballot, there is no saying what influence he
might have should a three cornered con-
test develop.
Mr. Baechler, we fancy, is not very
widely known and for the information of
those to whom his name is unfamiliar we
state that he is a farmer and a sawmiller
at Blackhorse Village.
His manner of coming out as a candiate
is quite unique and original. He will have
to fight his own battle in the election as he
is unsupported by any such party
organization as is usually responsible for
bringing out a candidate.
Military Service Cards -Up to Wednes-
day night of this week, 68 men had applied
at the local Post Office for Military Service
Cards. All had applied for exemption.
It may be useful to know that nothing is
to be gained by delay. It does not matter
whether a man is sick or well, whether he
SENTINEL
has undergone medical examination or
not, failure to fill in and return one of these
cards will bring the penalty all the same.
The time for reporting for service or ap-
plying for exemption expires November
10. After that date, a man who has failed to
return a card will be in the same position
as a soldier away without leave. The penal-
ty is a fine of from fifteen dollars to five
hundreddollars, after payment of which
he is still liable for service.
Ignorance of the law will be no excuse.
The best course for an eligible man is to fill
in and return a card. That is the best way
to avoid serious trouble.
50 years ago
October 28, 1937
Arena inspected -On Wednesday night,
the framework construction of the arena
had reached about half way. Observers
who are .showing an interest in the con-
struction are now of the opinion that it is
going to he a fine, strong building. This is
in contrast to the criticism that reached a
peak following the partial collapse of the
structure ten days ago.
The structure is approved also by a
builder and contractor, of long experience,
who was sent here to inspect the building.
The man, Mr. Ogden of Ingersoll,
assured council the construction is quite
satisfactory and gave his stamp of
approval.
Relief car filled -On Saturday, a well-
filled car left the local CNR station for
Dinsmore, Sask. This year, the car was
filled to capacity and the committee in
charge wishes to express its hearty thanks
for the generous donations and enthusiasm
shown for the worthy cause of aiding our
western neighbours. Our faith in humanity
is certainly revived when we see such will-
ingness to alleviate the distress \ of the
stricken areas of the West.
Since the car has left, several donations
have come in and are presently stored at
the station. The committee is considering
sending a second car.
25 years ago
October 31, 1962
Arena winter plans -With artificial ice to
be installed in the Lucknow and District
Arena this fall, the Arena Committee is
making early plans for the operation of the
building this winter.
They have been studying the operating
set-up and rates of other arenas in the area
and are currently advertising for applica-
tions for an assistant to the Arena
Manager, Floyd Milne, and for tenders for
booth priviledges at the arena during the
winter season.
10 years ago
October 26, 1977
New Ripley branch opened -The . Royal
Bank of Canada opened the new Ripley
Branch in an official ribbon cutting
ceremony on October 20. The new
premises opened for business late in
August on land which was previously own-
ed by the late Sophie Pollock of Ripley.
The new building has computerized their
chequing services, said the Ripley Branch
Manager, Jane Sellers, and the bank can
now remain open for busines during the
lunch hour because a staff kitchen has
been pi ovided. The bank used to close for
lunch.
The Royal Bank came to Ripley in 1903.
It was located in what is now the butcher
shop. The Pollock property was acquired
in 1976 with construction beginning in the
spring of 1977. The Royal Bank is to be
commended for their foresight in building
this modern branch in Ripley.