The Goderich Signal-Star, 1975-01-16, Page 1•
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1. DeC;: k"p,r9 $ 7 ..,5 4
Public Libl7.ry,
52 Mantr4a1 St., A 2G4.
Goderich,Qu�t. Y ?
egression can't happen bu
whin *111 the:breaks�. come
b
BY DAVE, SYKES such visions uring Carladi(ans on to
Life seemed so- simple then. For-
ttine.s were being rnade,;'industries
were realizing un i'm-ited Potential and
rowth as ""'"p p Y
ros""erit�' ""became • a
/com mon .- denominator throu.ghotit
North �Americat., It .was too easy to be
obsessed 90th the -trivial. The "roaring
twenties had' .an almost -fob' good )-
quality about it 'and the world would
have to pay for it.
Then suddenly on Tuesday, Oct.' 29
the stock market tell with a thundering
crash. Men lost fortunes and life
savings., families were left homeless
and drought and dustbowl4 suffering
spread across the west while hobo
armlet rode the railways across the
land in search of jobs.
The Great Depre'ssi'on spread like a y'
cancer and affected every individual.
Generations since' have only- heard '
accounts of the suffering, some of therh
fabricated. The new generations greet
such 'olden day'. y ,K onic
iritis with' �sa„rd
grins believing ,that history never -
repeats itself . ane!" -:that another ,
depression is an impossibility.
Etut the, seventies, greeted 'us, with
rising costs and an equal demand for
high4r wages. Oil prices reached an
'all-time high ..causing 'havoc among
s whie"uern-
e ataseady ate
ina--
rn i sts
non produci gnatlo
loyment fi uj,es .ro
ain the
f IAd is -ti ',enin
q
. �:
ituation n oar^econ rescurrying
through' worn textbooks to see if the
syr"nptom•s compare. Can it happen
• again?
new frugality.
J.R. Kirmber,,•' President of the
Toronto Stock Exchange, is.opfimi•stic
that the ec9nomy will grow in the latter
quarter of 1975. Although share prices
dropped on the exchange by 30 per tent
in '74 over 73 he believes they .should
rise in the, new year. He attributed the
erosion Q,f the stock prices and high
4nterest rates •on investment and tax..'
squabbles between Ottawa and the
provinces which stymied trading.
Kimber bel,ieves that people see less
need to save because of such govern-
. menti programs . as health , care. and
pensions and that Ca=nadians. need tax
incentives to encourage 'savings. p"
W, Earle McLaughlitn, president of
the Royal • Bank* of Canada, estimates •
that ' Canada's economic activity will
grow by 3 per cent by the, latter part of
the year. Canada's wealth and.
economic future lies ,in its- ample
energy supplies and abundant
agricultural., mineral :and, forest
resources and should not be developed
'for a domestic rmaa:rket:Onty. He also--
however,thinks that -domestic fl
omestic ination
would run high caused by a -sharp rise
in oil and gas prices'. .
Arthur -Smith, former Chairman o
g eco .omic/Council of „Canada a
low pr, siden of the Conference Bo
(a noy`profif/economicforecasting i.d
Fres rch ,,group) is.. 'confident' he
economy, v09 'expand/ b y 5- per cent- in -
1975. r -. -
Smith •-termed the economic
slowdown in:,` the US as a `:large
Economists warily admit that • recessioneand that of ,Canac i as,Ssimply
another depression can not happen but ' a slowdown. He is''.conf'ident that the.
. inflation or recession: touches Us no consumer demand •on goods and 'ser -
matter .where we stand and •,must be vices -will continue to grow and If •we
given' some careful' and • calculated ea are to realize expansionrfarmers must
altentian. • s. be(encouraged to grow more food.
Despite the similarities, that 'exist ' A spokesman for 'the Royal Trust ..
between the late twenties and the 'Company was not so confident in the
middle "seventies.' there are, also some forecast as that company predicts a
;striking differences which will act as continued slowdown in the 'Canadian
safeguards: against another 'crash. In economya.for •thq,.lext year. •
1.9-2-9 the -stock exchange -was the--or-w<-of :The-:..RoyaI Tr_u.sL.,Cci -sees several_._
the North American economy. tt was a negative trends forming in '75 except
place where , rnon'ey was raised to in the area ••of business capital spen
finance almost every' major venture. .ding. The company predicts restrained
The people believed in Wand fortunes consumer,,spending, Flow housing
lived and died by it, .starfs,, export 'resistance, more
Today the stock market is not the . pronounced labour strikes and a rise in
.focal point of, the `economy. Cor= the unemployment figures. This,•will
1orations are generating most of their mean a .sluggish. economy operating
fund from within the company by
reinvesting their profits. Companies-
may
ompaniesmay also steer clear of -issuing public
stock by using government spons red
programs -'such as regional develop
merit incentives,- forgiveable . recession or even- bordering on' one.
provincial tloans and tax write-offs. In' Technically a recession is defined as '
this way tie economy can grow despite two successive quarters of decline'• in
a Slide in the market. s real Gross National Product growth. In
In 1929 when business was negligible, 1974 Canada realized three quarters of
investors withdrew frorn the market, declining ecortorriic production but still
so expansion stopped, factories were 'managed a growth rate of 3:8 per cent,.
closed up an -d -workers were 'laid off. ' In 1974 stocks and bonds depressed,
Today if ansion funds are,becoming business slowed, profits were down .in
tighter actory, doors may close but some cases -Ad unemployment rose. It.
'workers may turn. to 'unemployment
insurance or welfare' and with this
income people , continue ' to spend. „
f\ithough'people will spend,les's and the
' BY JEFF SEDDON
"L. love- . children, I•
them around.'"'
This „is the reason
El;
Westbrook gave when asl ed;'
why she gave :sp,mttch of I.4
time to the Goderich -D''°
Nursery. Ella, is a valuate
worker at the nursery. a
has been for the past thr
years.
She began her nursers
work at Knox Preshyteriai)
'Church. She worked with the
retarded cliildreti '.who 4
tended pre-school classes
the church. When the
classes were combined w
the nursery school operate:
by the town Ella continue:,
as a volunteer concentratifl '
her ,efforts on ' the, hard
dicapped.
A resident of°"Goderich fo
the past 28," years Ella r
married and • has ' twt#ri
children of,. her "own ase wel''
as two -grandchildren. •After,~,
her own „children "wvti,er'
ma'r'ried and. gone from thea"
house. Ella found hi.mselff.'''�
gettin lonely wIfen her.
husb a'y`'at work.
"I
•
really can help."
Villa cannot predict the
future' but she ,dies, know
that now she has no desire to
leave the aur.seryr—and_ no
intention of doing'. so_ ,She
feels. that th.p only thing that
could make her give up the
work is ssvnething happening,
in her personal life °that the,
nursery work could affect.,.:
4"I love children, I. need
them •around," she repeated..
-Goderich
council
b• riefs
Councillor Sim.. Peters,,
• newsy elected to Goderich " "
'Town Council in the
December, election, reluc-
tantly agreed last. Thursday M1.
venin to serve a5 chair
'maof the 'bp j >Com -
t et
not a' of time;
ink I 'ha uch time
1/
think -
as anyone at t is ;:table
said Councillor Peters: --``I'm
just not ` interested in'
boating... I'm not a boater
and I have no interest in the .
Councillor
harbor.
i
Counc'Peters-also' told
council he'takes his vacation
inthe, summer months when
*
the, boating season ,. is at: its
'peak, Re said he was,
anxious to work hard for the
';town, but felt this committee
was out of his lin
Veterat`t 'Ctqunler uE
getting lonely
ho , e dal e and I felt.I cosi
be r Kelp at
nu ,ser acid I ,wanted to be'
with "the children,",she said.
Her time spent working
with ` the 'children, has been
..very rewardi'hg for Ella and
over the years she has
developed a ex strong
emotional tie.with ' the '. pre-
schoolers. Several of :the
children stand pit, in her
memory'"but sberemembers=•.
all •of them and .loves. • thew,
all the same:
Theo youngsters offer . E1;
• the same joy. ,and emotions'
the G derich 'Nurse for the past'
that she encountered raising • Ella- \vestbroak eight has been vol,unteertrtg her time to Day
ry
her, own family. She, gets,. "three yeors'.because s'he loves children and needs to have -„the around her. Her she watches
•
and frustrated at Debofah Scp,tt have fun with some playdough; Deborah is a victim of cere6al ,t�alsy ,and• Ella
angry d
there. ' when they are, spends o Ii'itleextra time with her enco'uraging her to tr. 'things for herself. (staff photo)
mischie qus; sh irs-prodd' of
. them when' they, learn with the other children .• • 'see.--aIo-t•e£'time, with is
below .potential, but the decdine,is not
likely -to slip into,a.recession.
The outlooks for the coming year are ,
not overly encouraging and yet few
economists will admit .tha,t.we rein a
0is expected that unemployment may
reach its highest level sinoe World War' .
911', 7percent: Generally .the forecasts
for Canada are good, but they are also
demand for products will slacken it °' based on a light impact of the energy
will not completely disappear. shortage in Canada. .
Today's economy has a built in plus ' The consensus of the forecasters
factor than was non-existent .in 1929. ' suggests' a gain- is r Canada's Gross
Canadians are how collecting govern- Naticrtlal P -duct of 2,or 3 percent. This
:hnerrt
p ensiCtis and '734 mtillon would-- mean --bur.. worst. performance•
o•£ Canadians,collect an ,average of $264?er since 1970 and., is -only half of our
month in ,family • allowances. There - potential but it is a move in aositive
were no minimum wages then, no' direction. • •
'private pension'plans, no Medicare, no . , Finance . Mihiste- oh.n_-Turner
hospital insurance, WO welfare system. predicts a growth. rate.of 4 percent in
As the economy -,moves deepen into the GNP , despite . some depressing
trouble the welfare state commits ,,factors that plague our economy., He
mire funds to un'eMpldyment and expects that consumer prices will rife.
fartiily ,irt'surarrce. ' `above last years 11 percent' increase
It would' be seemingly impossible for. andhat a decline in housing con -
any government to crack down on such struction will be a major weakngs"in'
things 'as minimum wage or `welfare , , the economy. Howeverxhe.dietreiterate
benefits if. the recessiotm continued to that e prolonged recession in the
skid into the doldrums. United States ist the biggest deter-
�,,
But if out• economy is equipped .to mining factor for -growth -1'n Canada°
prevent another Black Tuesday when 'His outlook, however, isbased on no
will the break -s9" camel' Will) the conflict 41 the Middle East, no oil
'economy simply stagnate on the et'nbargoes; no trade wars and Tabor
15—order—of.' recession? Will pr -ices con- peace in Canada. One can hardy ex-
tinue to rise with the Unemployment-- pect labor peace as incomes,will gave
rate and,the demandfor higher wages? to rise 12 to 12 percent to keep up,with
With: 1975 barely 'a few weeks old, the consumer price index.
some of, Canada's top -economists are, Economists are predicting that
entertaining -visions of a prosperous Canada will ease into a growth 'pattern
new year. 'Others -refuse to entertain '(u ntinued ' on page
someth g new or paint her •Deborah Scott. ,
d h comforts • :1 was'surprised.and very, •Doborah has cerebal
a picture an. she
them and shares their pleased .whs~n.,, he started to y palsy,'a disease that ha8 left
sorrows when they stub a toe. walk on his, own,” she...,said,
her 'handicapped from 'birth:'�
or pine a finger. while, at"the .-•"He soon becarrao., a handful , Ella's..special feeling for
pinch, g at.,the .nursery but. I. became the, huindicapped drew her to
nursery schol.
One child tha Ella rec.ails .really mttached_thim and ' l�c�}�or•�mh and she devotes
working with was a little-b.oy- .miss him now that, hto is most of her three mornings a
..that was severely' retarded. gone.: weu-. to ,the tittle girl. She
He had not learnpd'fo'walk ,
Children— leaving the encoul•tges her to' ploy with
nursery to go to schor�l is one s•
ome of the. nursery' to:ys and .
and' ;'when he first came to- >
��f th.e things to which the, chxp c,t•i.r�1Ln-ts, .with things
the nursery -he would just ,lie p
around and not try ,.to'''do worker, ' including Ella, hoping to arouse- Deborah's
°anything, with th`e••; ., other never get accustomed. Some interest and endourage her
-'children• '' o
of , the children, are. in the to discoverthings on her
Ella spent:a'great deal of classes for two years hut, -the own. She.,, helps ihher.•around •
time with' -him; :playing and majority 'are enrolled; for the ,nut very so .that she can
trying to encourage -him . to only one. • « atch . e other ' chil^dren
.~ walk: When she .had all, but , Last . year Ella -worked
given up.hope the youngster • closely with three retarsied.. l• When Ella leaves the
�' children and theyare ,'all
got up .and tried to walk. nursery she does n-ot leave
•
Convineed that he could'do it, gone new; This ya.c�.f the 53 children"- She has cle..velopPd
if he ,worked at it she e6n- youngster•s attend�ing..,....the i, rel t-i�l.nshi.p ith the
tinu.ed to ,coax him and soon Lay .'Nursery, 18 -are ,in thc� cnil'dren in her neigh-, was' up on ,his own and class with whie'h °l,la � "Orjis. h,,urhood an enjoys their
One of the students she is o.;ti� an from t"im"e-•'to'itme.
running around the nurseryP' Y - �,
R
r
FrIt
6
't
•
Valk m hanited
Peters for hi._
to � 'j°,�>�� i�
• -statement, and •sttg el
Willingness to place; b n-
cillor Peters'' on another
Committee. ; . , • `
',Other 'membe.rs of council ,
'0ccasa hall the._:rte,, dr ii: -'did` not -have*--'-tire same.
in the neighbourriood come :reaction.
over to the house and just :Deputy -reeve .Bill, Clifford;
wants to play or. Jtalk. -I enjoy.last year's chairmang,:of. . the
their-44rpany They have Harbor Committee, offered'
always been •a,;hig part• of my,ry, to_...be of as much assistance- -.
life;." she said.:. • as possible. to. Councillor
•Desnite .the visitors she' Peters.
has at homy `„Ila misseS the ' Reeve ,Stan- Profit told
children at the nursery. She Councillor Peters it is the
• feels her rrfo'therly, instinct is 'duty ofevery member of '
the cause of her need to be council to he interested in -all
with children, and although 'facets of council work, and
she enjoys' the peace and to become familiar with- the
quiet of • her ,home, she decisions of all committees;
wishes the ,children were He suggested to Councilzlor
• ters that one -does not
there Willi her.- . Pe
The trust that Ella has necessarily ' _hay.e --to be a
built up with the children , boater or interested in boats
extends through .tug,4 t o -to serve efficiently'.and,' of
parents of her studedts."She festively as chair -Man of the
feels she has won the con- harbor coniinittee,�� '' `'_.__.
fience� of the parents and Councillor Elsa Haydon
t,hi5 means a. great deal to:• remand" that during the
her. recent election campaign, no
"I feel, I'm hieing of soiree one who "was runmi g ' for '
help," ---she said. "f' feel 1 council told the voters he'or
she was interested in only
certain areas of the vubrk. ' '
She asked Councillor °Peters
to tell council which corn-
,— ._. �.mfl,tec_ii preferred , to be'
chairman of,, noting that ail
committees ;had chairmen
who w'obntent
with theireir appointmviouslyents,co.
-'-'C"&ohcillor • Pe.ters said
.,!,`,..work. on any-cominittee but
the harbor , committee"
would have been welcomed
by,,hi
th�-
"1 is is•'what, I, get
for being honest and open
about this'", skid 'Councillor
PUC Marching Kazo-, Band
1
Tiro P1J�. Cr, rn'isS'orler. ,oh."ci Eo piuyeo MorchySh,t ktrto, fO "�1 :
47
played SF'vertll,'nt.�sln. nurnigr+rs for the guests n' the 661 r,''�iC�l.'
banquet nod fn,r' 13th Mllls and G.corge f Iiynger The KalnnS
11,
,e
•
•
R4:
Worsel' ctnd Harry Crane ac-
rri thp M(MiLlrin F,orn!ly of she pcirty (staff%photo)
•
Peters.
Mayori Deb Sh,ewfe,lt
suggested the matter`
tabledand more thought
given- 'to the subject, °bit,
Councillor Peters told
council that with the"
assurance that Deputy -reeve
Bill ° Clifford • would be
available for-- advice arid, .
assistance, he was wiping to
serve as harbor committee
"-chatl'mari.'
•
During the •com-'
't'nunications of the, mayor
,segment of last week's
regular, council .meeting,
Mayor
meeting, -
Mayor Del? Shewfelt. told ,
dbuncil the • proposed im;, a ,:
l _ continued on gage 11A)•