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We figure with inflation and taxes taking more and more of your earnings, it's become Re Lon x bt IF SO he fi 4% FAD 3). 2s ne J RE ENA EPYY SL ALPES a SAT BOCES REI ad Fa PRAT SEARS PINE PORT PERRY STAR -- Wednesday, Jan. 29, 1975 -- 19 Rodand Gun Club elects Bv N. Harvey The Port Perry Rod & Gun Club held its Annual General Meeting on January 19th at the Scout Hall. The main business of the evening was election of officers and com- mittee chairmen for the new year; the members chose some familiar faces along with some newer members to fill the various posts, Ted Culbert and Bill Har- per continue as President and Vice President, while ® Cec. King retains his position as Membership Secretary. Dave Muir was elected Treasurer, and Tom Finn became the Club's secre- tary. These five form the executive, and following their election decided that the members present should participate in appointing the committee chairmen, rather than leaving this duty to the executive alone. The meet- ing 'proceeded to appoint Cec. King to lead the hand- gun operations for another year, with Charlie Lown, Gerald Jackson and rifle trophy holder Dave Vivian to head the rifle training and organization. This last job involves the coaching of the junior club members, and If you had a savings places a heavy demand on the people involved, for this reason, three members now share the responsibility. Gun safety will now be covered by Ed Evans, while Nigel Harvey will handle publicity for year to come. Property will be under the control of Charlie Lown. With these appointments duly made, club members moved on to discuss a var- iety of topics centering on the public image of the hunter, and on 'possible gun control legislation that is being mooted in Ottawa. While expressing sympathy with legislators who wish to reduce the crime rate, mem- bers again expressed their frustration at the forms of control proposed. Restric- tive general legislation, they noted, would interfere with their intrests because, being law abiding citizens, they would, of course, obey the officers legislation, to their great inconvenience. On the other hand, criminals wishing to use guns for crime would always have access to weap- ons from some source or another, and would not be deterred in the slightest by Gun control legislation. As the members noted, it is already illegal to use a gun for bank hold-ups, making it- difficult for good citizens to enjoy a historic hobby won't' cut the crime rate one bit. 170 members in Figure Skating Club The Port Perry Figure Skating Club was in the process this week of picking skaters to represent the club at the Inter-Club competit- ions at the Iroquois Arena in Whitby on February 23. A 170 member, well-estab- lished club in the commun- ity, the figure skaters have brought home more than a few awards in past years at competitions. As well as local and area skating, Port Perry Skaters have com- peted in national competit- ions. Club professional Rick Stephens, a product of the local club, has won a Canadian title, and so has the club's other professional Barbara the instructor, wife, Stephens. She won doubles gold medal. Mrs. Bev Fellows said that with the kind of instructors, club professionals, the club has, their quality of instruct- ionis second tonone. "We're better off than a lot of groups, even in Toronto , with the instructors we have," she said. Membership has been growing over the past few years, at an expanded rate. Three years ago, there were just over 100 members. While most are older, some of the youngsters on the ice are two years old. 'We have one that's 1% years old," said Mrs. Fellows. While figure skating can be good, effective exercise and a lot of fun, those who want to go up the different levels to compete must do so with as much rehearsal, training, and determination as many other serious sports. There are 12 stages that must be reached through the junior levels of skating. The intermediate and senior must conquer' difficult dances and move- ments on the ice, with a degree of competitive skill attained only after many years of skating. plan that gave you high interest and let you save tax dollars, youd call it smart. That's what we call it. SMART your savings to purchase an annuity thereby spreading your taxes over a number of years. dhs mh dain daha anid Sh Andrea Lewis gets a hand from Port Perry Figure Skating Club professional Barb Stephens. 'Andrea will be one of a number of skaters from the club who will take part in the Figure Skating competition in Whitby, in February. Offers $500 scholarship to Grade 13 students Trent University for the second year will offer a $500 scholarship to a Grade 13 student whose entry in the 1975 Regional Science Fair is judged "'outstanding". The scholarship is meant to encourage participation by Grade 13 students in the fair and to reward 'projects ot great merit", said Dr. R. A. Stairs, chairman of the science fair committee. Dr. Stairs noted that past winners of the science fair -- Port Perry hockey (continued) boy who doesn't want to go must move up a notch in the 'house league groupings. "It makes the boy work harder, and doesn't allow him to dominate the group he's with." which involves entries from Peterborough, and North- umberland and Durham -- have gone on to win awards in the national competition. "Young scientists from this area have shown that they compete with the best", he said. "It is gratifying to have this recognized by the university in such a practical way'. The student awarded the scholarship, he added, will be invited to participate in a Trent faculty member's research project during the academic year 1975-76. Winner of the scholarship will be announced April 5, together with the winners of other Science Fair awards. Dr. Stairs said that appli- cations for the fair, and its rules and regulations, are rd ers ' on eadauidsadesssmninidisiclB .' ~ | harder just.to get by now, let alone save. That's where the Commerce SMART registered savings plan comes in. The SMART plan is really a double-barrelled savings plan. It not only gives you good compound interest rates on the money you save, but it also saves you some of the money you'd normally pay on income tax. For example, if your taxable income is $10,000. and you put $1,000. into SMART «gou'd only pay taxes on $9,000. You see, since the SMART plan is registered with the Government, the Income Tax Act lets you deduct a certain amount from your income and lets you accumulate this money tax-free until you really need it. Your accumulated savings will be treated as taxable income in the year they are paid out to you. At the Commerce we think a plan that allows you to SAVE MONEY AND REDUCE TAXES is smart. Which is why we named our plan the way we did. RL] / g Wii! 11 SMAR sHow much money does it require to start? The minimum contribution has been set at $50. And you can contribute as often as you like. The amount you wish to save (within allowable limits) is entirely up to you. You may, if you choose, make a single lump sum deposit. Alternatively, the Commerce can make it easy for you to save systematically -- regular transfers from your chequing or savings accounts can casily be arranged. What's the best age to start contributing? You can begin at any age so long as it's before your 71st birthday. In fact, the sooner you start the better. Because, how much you end up with in your Registered Savings £ Plan depends on how long your money has been accumulating as well as the amount you've contributed and the interest rate you carn. For instance, if , you started saving $1,000. " : a year at age 25 and 7 assumed an average compound interest rate of 7°, your retirement savings would amount to $220,723. at age 65. On the other hand, if you waited until age 45 and contributed $2,000. a year at the same 7°; compound rate, your savings would only total $89,014. even though you had contributed exactly the same amount ($40,000.). So you sec, the whole idea is to let your money keep working for you as long as possible. Can you make withdrawals from your SMART plan? While withdrawals are not permitted you may de-register your Plan. At that time, your accumulated savings will be treated as taxable in- comeintheyear received. However, you may use the Commerce branch nearest you. a Information Centre located at & 7 Is SMART the plan for you? The Commerce SMART registered savings plan makes a lot of sense for just about everyone. It doesn't matter whether you're a successfyl businessman, a busy working wife, a young family man, an active career girl, or someone who's just interested in a good savings plan. How can you start SMART ? Come to the SMART -- We'll be glad to help you set up your SMART plan or give you any further information you may need. Commerce available from any school science teacher. The fair will be held at Trent Univer- sity April 4 and 5. One of the new develop- ments over the past few years, is the young coaches. Alsmost half of the associa- tion's 30 coaches are under 20, and they're doing a good job, according to Leo. Fighting? Mr. McQuade doesn't like it, but thinks it provides a safety valve, a release for hostilities where no one really gets hurt. "You curb that," he said, "and you're liable to get a lot of injury." He said any change will have to come from the youngsters, from "day one" on the ice. "That's the only way to do it." HANCOCK Appliance Servicing REPAIRS to all makes of Household Appliances Dealer for Amana Appliances Phone 985-2968 After 5:00 P.M. NOW ISTHE TIME TO ORDER YOUR WINTER Money on DX Premium FUEL Quality Fuel Oil SAVE Call Collect 668-3381 DX FUEL OIL Call us today for PROMPT, COURTEOUS SERVICE