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2-Orono Weekly Times, Wednesday, August 3th, 1978 Orono Weekly Times D)ykstra to run, for WERE OUT TO PLEASE It was quite evident last Saturday that the promoters of Canada Jam were out to please their audience packed in the his at Mosport. Not oniy was there a total of aimost seventeen hours of music but other attractions were bilied and staged for the enjoymnent of those in a ttendance. The crowd appeared to be receptive of the whole affair and enjoying the outing to the fuiiest. Security and police were everywhere but it was most noticeable that it was not offensive and that these people were there to assist rather than to present a form of confrontation. As a resuit the whoie promotion went over with few incidents with the majority being of a minor nature. A fine promotion one would have to say. SELECTIVE SOCIAL SECURITY The recent announcement by Jean Chretien, federal Minister of H-ealth, that govermnment is to reduce family allowances for somne 7.3 million chldren in Canada is a step towards selective social security payments and could well be exercised in other programns The basic federaily-paid allowance for children is now $25.68 and instead of rising to $28.00 in January under the indexing systemn is to be reduced to $20.00 basic. However for famnilies with an incomne under $18,000 a year thiere is to be a tax credit on a graduated scale which in effect assists the low and middle income bracket. Those with higher incomne wiii receive a reduced ailowance for chiidren, the $20.00. This is a move in the rîght direction in that governaient can and will help those in need while reducing assistance to those capable of looking after thcmnselves financially. Selectivity could weil work in other fields and we would suggest that the unemployment insurance field is another area to be investigated. A NEW FUTURE One could well commend the Kirby community for their efforts in the recent centennial celebrations relating to, the one hundredth birthday of the old Kirby schooi. The celebration was a fitting event for this occasion which brought into focus the place this scholl has piayed in the life of the community and its people. Mayor Rickard in his address noted that many leaders in the community and in the country had attended the school gaiming their early education, the first stepping stone to a useful and rewarding life. Foilowing the celebrations last Saturday the school is now dedicated to serve within the community for purposes other than in the past. This purpose however may be The schooi now protected through the deciaration of being an historic site will now continue to be of service within the commumity. To this it was dedicated by Rev. K. Henderson at the centennial. There wiil be new challenges and new experiences for the school and for those associated wîth its future. The vitality of its new being rests with those in the community and judging fromn last Saturday the future use of the schooi with a guenine purpose is aimost assured. Mackie & Reid Paving Ltd. Specializing in-asphait parking lots, rand driveways-concrete sidlewalks-. sewers. Bert Reid-C. E.T. 786-2501, Tom Foster 797-2548. Durham Central Agricultural Society TR AC Tu'R PULL Friday, Sept. 8, 1978 12 Noon ORONO FAI RGROUNDS Investing in safety grows in importance By Frank Kaplan When it cones to handling money, our society can be contradictory and puzzling. On the one side there is the obvious growth and success of lotteries. Governiments have tasted the fruits that can bc grown on the public gambling instinct and they want more, as witness the latest federal plan te introduce a version of what was considered an illegal and criminaily-inspired numbers racket. Lotteries and their ilk are the most unattractive and illogical use of money yet invented. The odds against winning are ridiculously high. Yet we lay down bard- earned dollars without complaint -- indeed with eagerness. But there is- another side to how we handle money, a faoet of the Canadian character that emphasizes prudence and care. "Maximum safety consistent with reasonable return" is how the investment experts might describe our actions. The conservative and cautious face pops up in the growth of investment funds which conoentrate in mortgages, high-grade bonds and other money market securities carrying minimum risk yet providing regular and secure income. Judging by some broad statistics I've been looking at, there is little doubt these conservative forms of investment have grown rapidly in the past year or so. It appears that the some dozen Members of The Investment Funds Institute 'of Canada concentrating on such income and mortgage securities niow account for almost a third of the total assets of the 77 Member funds. That adds up to $600 million, which is about 50% more than a year ago. The major growth most recently appears to be in funds emphasizing investment in mortgages. Investment funds are pooîs of sa vings managed by professionals in finance. Investment Fund organizations tend to be very responsive to the financial desires of individual Canadians. They usually have available a wide spectrum and varied mixture of investment policies ranging from moderately -speculative to the Most conservative. 1 suspect that the amount of money being channeled into varîous types of funds at any given time is a good indicator of the publiceniood towards investing. TIIs columa is prepared by Frank Kaplan, a prominent witer on Canadian business and finance, i association witb the staff and information facilities of The Investment Funds Institute of Canada, which represents financial organizations investing more than $1.85 billion of the savings of over 500,000 anadians.- EAGLES (Continued from page 1) the end of nine. The second game of the sertes was played in Kendal on Sunday and it llkewise turned out to be a thriller with the home fans on the edge of their seats right up to the last thrown bail. The Kendal Eagles went ahead 2-1 in the opening frame. Collingwood then capi- talized on a Kendal error in the fourth inning to tie the score. Ini the bottom of the seventh the Eagles through some good hitting sent two runners to score going ahead in the game 4-2. In the top of the eighth Collingwood was retir- ed in three straight with the same fate coming to the Eagles. The thrill of the game came in the top of the ninth when Collingwood loaded the bases with nonie out. They scored one run on a long centre field fly bail and. stili lef t runners on second and third with only one out. Eric Moore on the mound for Kendal then struck out the next two batters to give the win to the Kendal Eagles by a score of 4-3. If Kendal should win the third game of the sertes they would then advance to play the entry from Simece who are now awaiting the outcomne of the Kendaàl-Collin.gwood series. Other than this there are stili a further four teams in the Ontario playdowns. Mayor Late Tuesday evening a was announccd that Cou ail- lor Bob Dykstra of Bowman- ville and a present member of council would be seeking election as Mayor for the Town of Newcastle, The announcemnent was made by Mrs. Marie Hubbard of Bowmanville who will be acting as campaign manager for Mr. Dykstra. Mr. Dykstra said he had made his decision to run for the position of mayor in the forth coming election -after considerable consideration. He said he was running .' -r a more progressive munici- Mr. Dykstra said he would like to see a more progressive municipality and that to this end he would pledge to work cioseiy with the region. He also said he wouid like to see the administration more co- $1350.00 raised through bottie collection at Jam The efforts of a group of people fromn Orono organized to collect botties at Mosport park during the holding of Canada Jarn las resulted in a sumn of around $1350.00 being raised for the arena fund. Botties were collected both Saturday and Sunday morn- ing. This along with the match- ing Wintario grant provides a littie over $4,000.00 towrards the arena financing. hesive and feit, there were many avenues open for im- provement. He said he would be making further statemnents later in the week. This is the first candidate to declare his intentionis publicly for the upcomning elections. No doubt others will follow suit very shortly. In speakîng- with', Mayor Rickard last week he said he expected to make his announ- cemnent as to his intentions within the next week. It would be rather difficuit to imagine that he would not be a candidate to retain the may- or's seat on counciL, Elections for both munici- pal council and the Board of education are to be heid on November 13th this year. The election for both will be for a two year period. UNITED CHURCH, Orono Pastoral b Charge Minister Rev. B. E. Long B.Th. eOrganist and Choir Director David Gray NEWCASTLE, KIRJIY AND ORONO UNITED CHURCH All services in August and .he first Sunday la September will be held ln Ne*castle United Churcli at10:30 a.m. Dial-A-ThoughtM4-95l School. Dressâ»Ups WOOl A large shipment of Wool hbas arrived from Paton 3aldwin's. We hope we have your favourite celours in stock now. Ladies Sweaters Corne in and sce our new heavy sweaters for ladies. We have a good assortment. Girls Dresses uiress your little girl up for school in a new fal dress. We have two new styles in sizes 4-6X. We also have some good quality lined, pliable plastic rain coats with hoods in navy and red. They are priced at $6.7,5 and $7.50 but will now seil at $5.50 and $6.25. Pant Suits '4 There stili are a few ladies' pant suits left that arc V,,in a -geatly reduced prices. A R MST RONG'S f iw All