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. PORT PE RRY Canada is entering 1908 in a relatively well-balaneed tion, rom" an economic stand- point; President Anderson olf The Chamber of Commeree a vear-end message. "I'he only sector "an unsustainably high-level is (Canadian said in the government sector," said Mr. Anderson but added. that "there are pressures, political, financial and administrative that are operating to eut back government spending to a more sustainable level." Most urgent-and fundamental - problems facing the country as we move into 1968 are in the financial field and in the area of costs and prices, according to President Anderson. "There ix an obvious necessity to 'break cvhe strong inflationary trend without precipitating a finan- cial erisis," Mr. Anderson Said. »This is a delicate and diffienlt faxk. "Canada is of course strongly influenced by develop- ments in the United States and much depends on how the in-- flationary problem is tackled there. ary problem is magnified and our competitive position wor- - xened by the push of U.S. - Can- adian wage parity"? © --Govermment, management on labour must give immedi- 'ate attention to the problems "in their own spheres of influ- ence it the economy is not to slide back in 1968, Mr. Ander- son said. Government for its art must take a firin hand on Ys spending programs and make significant cutsiso that it - can live within its means. said that the government should announce an indefinite post- FAR Editorial Page DIAR In Well- Falinced Position posi- William M. + cwork together on the cost proh- running at Canada's own inflation-~ The ('anadian Chamber's president" add flames to the fires of i tion and entail a further tax increase, "Mr Anderson de- clared. : Management and lalfour must lein, Mr. Anderson said. Man- agement shaves in the respon- sibility: for productivity, and wage costs are a part of dab- | our's asim itn If wage costs keep rising far ahead of productivity gains we stand in danger of pricing ourselves out of markets and jobs, Mr. An- derson said. In assessing the business pro- speets for 1968 Mr. Anderson aid there appears do have been some: slackening in the capital spending hy business. This reflects gome « of productive facilities relative to demand. Also business has had reason to .be cantious this past vear due to the imeertain- ties raised liv the Carter Com- mission report andthe results of the Kelmedy Round tavift agreements. While all uncer- tainties have not heen dispelled, Mr. Anderson said that husindy welcomed the government's in- dication that tax reform will he made on the exisiting tax strue-- ture. - Exports for next year <hould he reasonably well main- tamed but theré is some doubt abouN the firmmess of external demand for wheat, and sterling devaluation could restriet sales "in some areas ~The year 1968 promises to: he highly competitive but, there should be some. overall growth in the economy," Mr. Anderson said. "However, it is quite pos- sible fhat with the inflationary . sitnation facing us our growth in real terms may he only half "as much-as the gain in dollars because of higher prices. This ponenient of compulsory uni- + is why we must bring our costs versal medicare. "If "infro- "duced in 1968 medicare could "and: government spending n- der hetter control. 22. - ~~ ate of catching up =~ Do You WM 50 YEARS AGO January 3, 1918 _ Mr. Allan Goode has commenced work on his new creamery. This will be a fine building when finished. -. Mr. John Stone was re- ~ taken over -- _elected reeve for Reach Township by acclamation. ----Mr- Peter Hood-will-be the reeve for Scugog. Mr. Samuel Jeffrey won the contest for reeve in Port « Perry by one vote. -- Mr. Elgin Real and fa- mily, Winnipeg were with her parents Mr. and Mrs. Fred McClintock Prospect. ~25-YEARS -AGO Leading Aircraftsman Hughes Williamson RCAF of Sonya has arrived safe- ly overseas. Gunner Merl who is stafioned at Debert N.S. is spending a few days leave in Port Perry. \ a 0) - Dowson Josephine Kamn has the duties of Dr. M. 'B. Dymond dur- ing his absence. Mr. . Creighton ( Devitt was elected Reeve for. Cartwright. Ie won by 56 votes over Mr. Wikre Bowles. "15 YEARS AGO The oldest citizen of Port Perry Mrs. Susanna Moase was presented with a life'sized charcoal por- trait by Mr. Archie Farm- -er on behalf of the Port Perry Star and the Cities Seyvice Oil Company. Port Perry and district's ---new-$150,000.-32-hed hos... pital" will be officially opened on Wed., Jan, 7th. Mr. Harry Peel was ac- claimed Reeve for Port Perry. . Councillors will he Mr. Hugh Santer, Grapt Tease, Dr. M. B, Dymiénd and A. L. McDermott. Mr. Ivan Kerry, a well known Port Perry Poultry- man won a special award for 'his salesmanship ef- forts as a representative of Toronto Elevators in the hew Maritime terri- tory. . vv a Dr. and Mrs. G. H. Jack: ' Te Lu 'son Stanley. of N.J. with his mo- er Mrs. Z. Jackson over. sing it doesn't hurt, it means only that y | WELCOME TO '68 ~\Well;.to get off to a profound start, we' re all a year older than we were when we' entered 1967. - As usual, there are exceptions to the rule. Some of us weren't born until June, and are only six months older. Others, after the Dionysian rites of New Year's Eve, are: _cight years older. But count your blessings if your hursitis, your blood pressure and your belly are not hurting more, up more, or sticking out more. And count some more if you've made a friend, had a thrill, done one good thing, loved - somebody, and 'stayed out of the clutches of the boys with the strait-jackets. I've managed to do all these things, these simple things, and feel that this makes up, in some measure, for the fact that 1967 was 'probably the most harrassing year of my' entire life. "The last year "has been one. of tiose Er in'which you only realize you're awake when you pinch yourself and it hurts. © And when, you pinch yourself; and bu 're so numb you can't feel. ou My first-born quit college and went on the bum, the bum. Mexico, New -Orleans, Montreal, Expo and now New York, where "~he's:studying acting. ~My brown-eyed baby, .to whom I once tvld bed-time stories about Munkle-Uncle-Unkie & others, hates school from the depths of her soul and wants to go away and be a waitress and LIVE. My re wife is. a kept woman (kept by me; I might 10 YEARS AGO Thurs., January 2, 1958 Lt.-Col. Milbert A How- sam, head of the-Artillery-- sectibn in the directorate of armament development at Army Headquarters died of a heart attack at his home. He was 48. George their Mr. and Mrs. Davey celebrated 50th wedding anniversary. 3 can't even pronounce, add) in the city, and when I do see her, wants to talk until 4 a.m. about Nietzgche, 'Schopenhauer. and a lot of other people 1 let "alone spell. "Sometimes I felt like crying, bursting into tears, amnd- letting the drips fall where they may. But I can't. The floor has just been polished. And somebody has to. take out the garbage and drive the cleaning lady home. But, cheering about the whole thing. There's no place to go but up. 4 as vou can sce, there's something TENANT ARATE SEN oa 3 = SARE 4 AR Sets 3 Maybe Hugh will become-a famous actor. - Maybe Kim - will 'become a waitress who doesn't have her thumb i in the soup. Maybe the Old Lady will become normal. And, who knows, maybe. this. is my big year. Maybe I'lll break 100 in.golf? May: be I'll write the Great Canadian Novel? Maybe I'll get my Christmas. tree to stand up? INS Thus, hope springs eternal in the human beast. One miletone nearer the grave, but also a milestone passed in the effort to live life with dignity, humour and love. Perhaps you don't like those three terms. Perhaps you'd prefer rectitude, righteous- ness and religion. Or industry, intelligence _ A and integrity. Fair enough. I like mine 'becauge they're more difficult. I find 'it extremely hapd to be dignified, no matter how I trv. It's-almost impossible to retain a sense of humor when you have" And it's extremely difficult" Truly and without qualifications. (Continued on Page 11) PORT PERRY STAR COMPANY, LIMITED Rotten Kids. to- love. Serving Port Perry, Brooklin and Surrounding Areas - P. HVIDSTEN; Publisher WM, T. 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