Wingham Advance-Times, 1981-09-16, Page 11rl
of
'The Bank . of
announced
es to assist
encing hard -
"the unprece-
nterest rates
d, president,
cement in a
armers and
yea of farm
*London.
aS proposed an
Small Busi
ijopment Bonds
I lava11able only
°'lf"he Maximum
:moble under the
irtld be increased
%}0m the present
THE LOG -SAWING CONTEST at the 20th annual
Blyth Threshermen's Reunion held this past weekend.
drew a great deal of Interest from the crowd. The
three-day reunion brought together threshermen and
The best
spot
for,
action j
1S the
WANT ADS
THE
ADVANCE -TIMES
357-2320
S
steam engines from all over southwestern Ontario.
The good weather on the weekend drew large crowds
for what was the biggest reunion to date.
_The previous constraint of
only ;o a bond during a life-
time would a removed. The
program "would be extended
toy include unincorporated
farmers ' ;`'``5
The ex*tifion would be
contained. *0in the criteria
of finenciall distress, with the
.definition "financial dis-
tress" based upon esta-
blished credit criteria, ap-
plied by chartered banks.
Pending consideration
and, hopefully, early ap-
proval of the proposal by the
government, Bank of Mon-
treal will begin next week to
Turnberry will celebrate
125th anniversary in 1982
Turnberry Township has
tentatively scheduled
celebrations for its 125th
anniversary on the Aug. 1
weekend next year and a
meeting has been set for
Sept. 22 to select com-
mittees.
. The matter was discussed
by a small but enthusiastic
group of 23 people at a
meeting held last Tuesday
evening in the Bluevale Hall.
Council members had
called the meeting to see if
there was enough interest in
the community to hold a
celebration; and, if.so, what
form would it take and where
would it be held.
"Now that we've seen
what ` Morris and Howick
have done, we'll have a
better idea 'what to, do our
selves," said Reeve Brian
McBurney.
He commented that he had
been hoping to get a bigger
crowd, "but there's a nice
gar 'ings
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few out". He, added it was
good to see people out
working and doing
something worthwhile.
After some discussion it
became clear that all
present were definitely in
favor of holding some sort of
celebration mLEVn ieci{t year.
Those at the meeting
agreed that to ensure a
successful anniversary
party, planning must begin
immediately.
They decided to select one
representative from each
line to contact people on his
or her concession and get
them out to the next meeting,
when the committees and
chairmen will be selected.
Reeve McBurney said that
if even six people from each
of the 10 concessions would
sit on a committee, there
would be enough to get
planning underway.
Most people at the meeting
were not in favor of having
an anniversary book printed
or too many souvenirs made
.1�,�'"in view of the trouble Morris
and Howick have had.
Morris Township lost a
great deal of money on its
anniversary book;. 2,000
books were printed and only
300 have been sold. It was
mentioned that Howick
Township also had a lot of
souvenirs left over from its
anniversary celebrations
v y
two weeks ago.
Reeve McBurney was
asked what would be done
with any ,profit made from
the celebration.
He replied that with 'this
sort of thing a committee
would be very lucky to make
any profit, and added that he
didn't think making a lot of
. Money was the real purpose
anyway.
Rev'. Robert Perry asked
the reeve who would come up
with the money if the an-
niversary committee were to.
run short.
The reeve answered that,
Morris council lent its an-
niversary committee a sum •
of money for its celebration,
but he added it would depend
upon how much money were
involved for Turnberry
council to do the same.
The .1982 Aug. 1 weekend
was tentatively selected for
the celebration because
many people are nn holidays
then.'
• Clerk -Treasurer . Dorothy
Kelly suggested holding a
kick-off dance early next.
year to geierate interest in
the anniversary.
Chairmen and committees
will .be selected at the next
meeting, scheduled for Sept.
22 at 8:30 p.m. in the
Bluevale Hall.
Huron school bd.
approves policies
By Stephanie Levesque
Three policies involving a
staffing formula, in-
structional hours and course
offerings in secondary
schools 'were approved in
principle by the Huron
County Board of Education:
At its September meeting,
the board approved the
policies in principle to allow
a one-month period to gain
feedback from those in-
volved.
The elementary school
staffing formula will take
into consideration such
factors as class size, ad-
ministration time, remedial
withdrawal programs,
specialized subject areas
such as French, music, etc.,
library programs, kinder-
garten programs and special
learning needs classes.
The purpose of the formula
is to stabilize the pupil -
teacher ratio, to distribute
staff equally among schools
and to staff the schools ac-
cording to board objectives.
The formula will be used to
allocate staff to schools and
if final approval is received
will be implemented in the
school year 1982-83.
In an 'attempt to provide
uniform school hours at the
elementary level in the
county, the board approved
in principle setting a mini-
mum instructional day of
five hours and 15 minutes
and providing for winter dis-
missal 15 Minutes earlier
than normal where it has
been approved by the
director of education.
The board received a letter
from Jean Imanse of RR 3,
.Goderpich at the beginning of
1981 regarding the shor-
tening of lunch periods by 20
minutes. Director of Educe-,
tion John Cochrane said the
policy would spell out at
least 40 minutes for lunch
peri ods.
The last item to be ap-
proved in principle was the
course offerings in secon-
dary schools in the county.
The policy states basic
course offerings for each
school will be. considered to
be .the offerings made for the
1901-82 school year and any
future additions or deletions
will require formal board
approval.
R. B. Al Ian, superintend-
ent of education, told the
board the new policy will
make the secondary -school
programs more "visible" to
trustees.
In other business the board
approved the following
novels for use in elementary
schools in Huron County:
Call It Courage by Arm-
strong Sperry, The
Borrowers by Mary Norton,
Copper Sunrise by Brian
Buchan, Sword of Egypt by
Bert Williams, The Dog, In
My Life by Farley Mowat, A
Pony For The Winter by
Helen Kay, Strange Lake
Adventure by Sharon
Siamon, and Mystery of the
Secret Tunnel by Wees.
The Wingharo Advance -Throes, September
ntreci to paid fo rini
grant financing according to
the criteria listed above.
This financing, under the
extended provisions, will be
availalbe -only to existing
customers of the bank.
The bank will require a
written understanding with
its customers that, if the
bank's action is not ratified
by the government within six
months, the bank will have
no choice but to revert to
conventional loan status on a
retroactive basis.
During that six-month
period, the bank will make
an allocation of funds
mediately available to the
agricultural sector. ,
The economic and
financial threat posed to
some farmers, particularly
in southwestern Ontario, by
persistently -high interest
rates, has received priority
attention by the Bank of
Montreal to the point that its
Agriculture Department is
devoting all its efforts to p)ro-
vi.ding assistance to existing
clients who are in difficultly.
Virtually all normal
marketing operations have
been suspended.
The principal measures to
service farmers' accounts'
are as follows:
Loan committees, com-
posed of senior executives.in
all existence fpr some time.
These committees assess
cases of hardship to ensure
that all viable alternatives to
14 per cent interest rate
liquidation, foreclosures or
similar severe actions are
considered before any such
action is initiated.
Review officers, for farm
credit customers who feel
that their circumstances
have not been taken
adequately into considera-
tion, have been designated in
every region in Canada. The
duty of the review officer is
to see that an appropriate re-
view is carried out by of-
ficers not involved in ° the
credit.
Special problem -solving
and advisory teams, led by
bank officers with .extensive
experience in . managing
farm accounts. These terms
have been set up in south-
western thitarteibecause of
the intensity of financial dif-
ficalties a `aenced-by live-
stock farm all ' region -
Supported by honk farm e#
perts and guide; •ctln-
sultants, they wall meet
customers to detebnitiethe
,most- effective measures for
assisting them.
Regional advisory panels,
which the bankotild-like to
establish with the capper*,
tion 'of farmers and.f
organizations. 7tE,paeIS
would advise tba bank oft,
local farm conditio; ted:
suring that it is aware of
particular problems that
vary from region to region
and farm type to farm type.
Farm Creditshort.of funds
for loans to Ont. farmers
The Farm Credit Corpora-
tion has run short of money,
forcing it to cut off loans to
.Ontario farmers for at least
a month.
A spokesman for the On-
tario region of Farm Credit
announced this week that a
lack of funds, coupled with a
heavy demand for the
reduced -interest loans, has
made it necessary for the
corporation to stop accepting
applications for loans until at
least October.
Although Ontario is the
only province to stop making
loans, other provinces also
face a shortage of funds,
FCC officials said. They said
federal financing has failed
to meet the demand for loans
and farmers are slow in their
repayments.
Farm Credit provides
loans to farmers at 14 per
cent interest, compared to
MRS. ALLAN GRIFFITH
over 20 per cent charged by ,
banks.
Stewart Given, Ontario
region director for FCC, said
the Ontario branch already
has loaned $86 million of the
$113 million it has available
this year. Applications for
another $16 million - have
been approved, leaving only
$11 million for the final half
of the business year.
Officials of the Ontario
Federation of Agriculture
have warned that the lack of
funds will force farmers to
pay the higher bank rates or.
go out of business.
The Farm Credit budget
for loans in Ontario this year
is $25 million lower than last
year, although farm bank-
ruptcies have more than
doubled in the past year.
Last year FCC loaned $138
million to Ontario farmers
•
Wroxeter Personals
Mr. and Mrs: Alan Baitley,
Tania, Angela and Chad
were in Ingersoll for the
weekend where they visited
Robert and Judy Chaison
and family.,
Mrs. Allan Griffith ac-
companied Mrs. Margaret
Deaken and Roy Whitehead
of Walkerton to the Blyth
Pioneer Thresher anti Hobby
Show on Saturday.
Mr. and Mrs. Harold Met-
calfe, Wallaceville, visited
with- Mr. and Mrs. Cliff
Marks on Sunday.
Mrs. Peter Iredom and her
friend, Lucy, of St. Thomas
visited one day last week
with the former's parents,
Mr. and Mrs. Jack Acker-
man.
Mrs, Bessie Boyd, Beams-
ville, was a recent visitor at
the home of Rev. and Mrs. H.
L. Jennings.
Mr. and Mrs. Walter
Eaton, Seaforth, were
Sunday guests with her
sister, Mrs. Allan Griffith.
Mr. and Mrs. Stewart
Musgrove visited at' the
home of their daughter, Mrs.
Doug Weber, Mr. Weber and
4-H meets at
Pardon home
Whitechurch — The first
meeting of the Whitechurch
4-H Club was held at the
home of Mrs: Archie Purdon
last Saturday to discuss the
season's project "Which
came first, the chicken or the
egg?„.
The meeting opened .with
the 4-H pledge. An election of
officers followed: Marilyn
Jamieson, president;
Kendra Purdon, vice; and,
press reporter, Janet
Laidlaw. The position of
secretary will rotate among
the girls.
The objectives and
requirements of the club
were read and six members
answered the roll call by
giving a chicken recipe and
telling what country it comes
from.
The next meeting is Sept.
25 ,at Mrs. Walter Elliott's
home. The first meeting
taught how to prepare a
chicken far cooking. The
girls are asked to think of
ideas for a club name for the
next meeting. The meeting
closed with the 4-H creel
family, at Alliston on Sun-
day.
Intended forLast week '
Congratulations • to the
queen and princess of
Howick's125th anniversary,
Miss Eleanor Gibson of
Fordwich and Miss Linda
Merkley of Belmore, who
were crowned at the variety
concert held in the com-
munity centre Wednesday
evening, September 2. The
concert started the
celebrations that ran until
the 7th. The, parade •on
Saturday was excellent.
Thanks to all the committees
who worked so hard to have
everything run so smoothly.
The services in all churches
were filled with capacity
congregations. Well done,
Howick!
Jamie Sanderson, Toronto,
Mr. and Mrs. David Sander-
son and family, London, and
Mr. and. Mrs. Brian San-
derson and family, Brussels,
visited at the weekend with
their mother, Mrs. James
Sanderson, at the farm.
Mr. and Mrs. George Ori -
old, Cathy and Emily, ac-
companied by his Sister,
Mrs. Ann LaFontaine, Sara
and Tom .Jr., visited with
their mother, Mrs. Irene
Oriold, in Toronto at the
holiday weekend. Mrs.
LaFontaine and children,.
who had spent a week here,,
returned to their home at
Woodland Beach. '
Mrs. Keith Eaton, Debbie
and Robert, called on their
aunt, Mrs. Allan Griffith,
Monday evening enroute
home to Seaforth from their
cottage at Lakelet.
and the year before, $171
million.
Federal Agriculture Mini-
ster Eugene Whelan has
announced plans for
legislation which would
allow Farm Credit to get
financing from private in-
stitutions as well as the
government to meet the
heavy demand for loans.
However ' OFA President
Ralph Barrie said this would
not help Ontario farmers
until next spring.
Low commodity prices and
rising costs bate left some
farmers unable to repay
their loans to Farm Credit.
Last year the corporation
foreclosed on 28 properties.
Farm Credit provides
loans to farmers based on
need and ability to repay. It
often lends to farmers who
are unable to borrow from
banks and other .private
financial institutions. •
Talc force to hear
problems �f. farrners
The newly -formed
emergen9r task force on
agriculture is Yet another
attempt by the ' Ontario
Federation of. Agriculture to
respond to the growingcrisis
in agriculture, a spokesman
said.
He said the federation has
Happy Gang
first fall
meeting
Last Friday the senior
citizens' Happy Gang held
the opening meeting of their
fall program.
Usually they hold the
business meeting . first,.
however since some of the
entertainers could not stay -
for the whole meeting the
program was held first and
was most delightful.
There was a sing -song for
all, and then songs and
readings by Clarke Johnston
with Cora Robertson at the
piano, piano selections by
Mrs. Grace Ford, a reading
by Mrs. V. Bon9„. solos by
Irene Bosman and Jean
McGuire, a reading by Ella
Shell and Borden Jefikins
singing and playing with Mr.
Johnston and Mrs. Rober-
tson accompanying. Rev.
Paul Mills from St. Andrew's
contributed a few well-
chosen and inspiring words.
Following a short business
session, the meeting closed
with "The Queen" and lunch
was served.
The group is still looking
fora vice president.
made presentations to both
levels of government, with
little reaction.
Jim McIntosh, regional
director for the Huron
�yt3�iit�Y,. Federation of a
Agriculture, explained the
purpose of the task force is to
react to high interest rates
and other financial problems
and to 'set long-range goals
for the OFA. .
The task force will sit as
a panel and hold hearings,”
he said. "Farmers will be
able to' present briefs and
presentations concerning
their problems. The hearings
will take place in different
locations."
He added that the task
force team is made up of
politically welt -known:
people, which ,should result
in better recognition by the
government.
The task force, which
comprises Murray Gaunt,
Everett. Biggs, John Wise,
Barbara Shand and Del
O'Brien, will report its
findings to the. OFA annual
convention in November.
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