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8 TE DALY TIMES:GAZETTE Wednesday; August 18, 1988 Editorials TOME, "WHITS) published br Rm Pa 57 Wmcoe Street South, ig, Ontario Defence And Welfare Twin Public Expenditure Pincers What happen when a country gets caught, to borrow Sif Wiiiston Churchill's phrase, between thé twin pifieers of dé- fence and the welfare state, is graphically illustrated in Ottawa's current fiscal pol- icies. Defence expenditures continue to run close to $2,000 millions a year, with little reason to believe that they will be reduced. Social Security payments take another $1,000 millions, interest and other charges on the public debt another § millions and contractual payments to priv- inees under Dominion-Provincial tax agrée- ments, still'another $350 millions. Such are the so-called fixed charges of the federal government and they amount to about 80 per cent of Ottdwa's total an- nual expenditure. S#ldfiés and wages for the civil service cost another $500 mil- lions and other ddministrative expenses run at about $200 millions. All other items and Befvices; ificluditig public works, come te only $200 riillions. Caught between the twin pincers of defence and the welfare state, Ottawa has been forced to abandon that tried and tested axiom of modern economic theory that during a period of business declifie such as at present, fiscal poliey should deliberately seek to counteract recession- dry tendehcies by réducinig tdxation. It Wotild be 4 tragic paradox if, if attemipt- ifig to bolster up thé Welfare state spend- ifig¢ by defying past experience in this manner, Ottawa were to aggravate still further to recessionary tendencies al- ready manifest in the Canadian economy. It is obvious that if the Canadian people had less taxes to pay, they wotlld have rote money to spend for. consumér goods. The Myth Of Managed Money Few except the most doctrinairé #oeial- ist would today place much credence in the late President Roosevelt's assertion that a managed currency will "establish. and maintain a dollar that will ot chafigé its purchasing and debt-paying powér during the succeeding generation." For despitéd managed currencies both in Canada and in the United States, the suppressed in- flation under defence have wrought havoc with both the Canadian and the American dollar. US economist Henry Hazlitt, in the Bead course of a recent Coniférénes Bé-, onomic Forum, urged in fio uticértain terms that the time has tothié to abatden elusive myth of managed money and return to the full gold standard. Says Mr. Hazlitt, "Private citizens, as well as central banks, should be able to demand gold for their notes . . . It is rather a question of giving the poor man, as well as the rich, the right and ability to protect himsélf by demanding gold whenever he has dotibts abotit the convertibility of Hi& paper motiéy . . . Otir present central bank gold- billion &tafidard is mérély & buféatierat's gold standard. It is in largé pa#t fictional, mere window-dressing. It cé y does not protect the originary citizen agiifist expropriaiivn through inflation." Monetary management, it is clear, méafi8 in the final analysis, political fMan- agefiéfit of the eurreficy and of all money obligations. Few would fii préference €hoosé politicians to act As bankers. Mone- tary management, subject as it is to the moral frailties of the politician, is no sub- stitute for the gold standard. Competition Not Matter Of Price When the late Harvard economist Jo- seph A. Schumpeter first enunciated the view that the most significant kind of competition wis 'thé competition from the new commodity, the new tééhnology, the new #diirce of Supply; the new type of organisation . . . ," there were those who at once défiotinced hitn 48 an apoligist for the monopolists. For then, as fiow, there Wére some who cotild conceive of no competitiohh other than that symbolized by the price tag. Today the number of those who pin thél# faith on price tag competition is dwin- dling. For the few competition which ehar- adterises the larger industries of today is infinitely more effective in giving the consuméf What he wants at.the lowest possible price. The aluminum producer, for example, sells, his product in competi- tion not only with other aluminum produ cers, but also with. producers of copper for use in cable, and with producers of Bit Of Verse SQUIRREL DAYS No squirrel, with his vibrant tail "and shiny button eyes. in search of nut-security, impatient, gay, and wise, was ever more assiduous than, I now hoarding gold of welcome, if untimely, warmth against the long-due cold. When days are drear, and icicles run up and down the spine-- the Indian summer I have stored I think will still be mine. --Amanda Brooks The Daily Times-Gazette Published by TIMES-GAZETTE PUBLISHERS LIMITED 57 Simcoe Street South, Oshawa The Daily INmes-Gazette (Oshawa, Whitby) ning The Oshawa [limes (estabiis! 1871) hy Whi Gazette & Chrpnicle (established 1863) 1s published daily (Suadays Jad futory holidays Sxcepted), The Press, the Canadian Daily Newspapers Di and the Ontario Provincial Dailies Association and the Aadit Bureau of Circulation. The Canadian ' Press 1s exclusively entitled to the use for re- publication of ali news despatches in the paper credited to it or to The Associated Press or Reuters, and also the local news published therein. All rights of special des are also reserved. T. L. WILSON, General M M. McINTYRE HOOD; Bditot. hia Offices. 44 King Street ivy Toronto, Ontario, 223 University Tower Building, Montreal,' P.Q. SUBSCRIPTION RATES Delivered by carriers in Ushawa, Whitby, Brooklin, Port Perry, Ajax and Pickering, not over 30c per week. By mail (in Province of Ontario) outside carrier delivery areas $12.00. Elsewhere $15.00 per year. DAILY AVERAGE NET PAID CIRCULATION FOR JULY 12,432 lumber and steel for use in sonstriction. The producer of eellophatie competes with the producer of tinfoll, aluminum foil, waxed paper, and many other types of wrapping materials. The new competition is intensified by innovation resulting from the intensive téSearch carried ont by the largér indus- tries of today. Yet, paradoxically enoiigh, Canadian legislation designed to prevent combines and monopolies in restfiifit of trade, takes no accoufit whatsoever of this new type of competition, but plods dog- gédly along in the belief that any remote similarity iti the price tags is evidence of & combine and that such a combine must, ipso facto, be damaging to the pblie in- terest. Prices, whatever siginificance they may once have had in determining competitive conditions in market forces, today océupy 4 relatively unimportant role in the new competition based on innovation, reserach, and invention. Editorial Notes The only soltition for Canada's wheat problem is to persuade the whole world to eat more bread. Government control of butter cost $800,000 in 1958. This meant that the people were not getting their spread at the prices paid across the store counters. Other Editors' Views HARD TO EXPLAIN (Sydney Post-Record) A Briton has recently headed a delegation of Scottish miners on & three-week visit to Com- munist China, said every car he saw there was American. He added: "I think it is a scandal to see the number of American cars in the streets of China and not a single British one." This is puzz- ling. Britain has recognized the Peiping govern. ment, the United States has not. Neither country approves of the Red regime in China, nor do they approve of Communism anywhere, but both long @ago entered into diplomatic relations with Mos- cow after a protracted period of refusing to do so. In the long run countries find it sensible to trade with one another whether they approve of each other or not, By some means of othet American cars have been reaching China, a fact which be- wildets people' who have been hearing outraged protests ifi the U.S. against other countriel frad- ing with China, Bible Thoughts And fear not them that kill the body, but are not able to kill the soul--Matt. 10:16. Life on earth is an ephemeral incident. Three score years and ten are negligible as compared with eternity, Chile FROM KOREA DON" DIST! FALSE SENSE OF SECURITY What Made China Go Red -- Poverty Or Soviet Heat By AN INSTITUTE . : i UBLIC OPINION ** (Last 4 Series of three ar- vem fo jag toward An \ FRiNCE CETON, N.3, -- 1 the wel. Cf £ Salomenny sf political leaders have to fix the b for the loss of China on the pol- icies of the opposition, the latest coast to coast survey by the In- stitute finds that the people of the country attach little blame to either political party for the loss lem of China to the Reds. oe third of all persons Juestion, gent) China wen! are aoa oe § fret i pean ise of Rus- ish pressure and propaganda. one person in 14 puts the Blame for the loss of China on U.S. policy = failure to support Chiang Ri ai-sh As to future American policy to- Ww Communist the sur- yey finds the weight of 'opinion is that We should try to win Child away fromi Russia, rather thai to treat Her strictly as an enemy nation. In view of the wide misconcep- our t and future ard Cl the Institute Geterminié where Am. erican_ piiblie on stands today on at least two facets of the prob Institute interviews first asked 3 typical cross-section of adults ving from Maine alifornia: "Ju yoit have J Tidgng read -- what woul pol soug! d you Win ian pressire, ys IN . OBSY, failure Jropaganda regime ,..iaeiee00 Red Fifth Columi, &raitors Miscellaneous Don't know The second "Do y be friendly to to win her away should we treat hen eel as an enemy nation?" e_ vote: ea, G0 ns baci 5 Sit say are the main reasons China 2, went Communist?" The replies: Poverty, li ignorance of 'conditions, QUEEN'S PARK See Wren Read Out Of Pasyy BY DON Special C R' Av, -- ART he aration péfween bert Wren stim, oH Lib- real associates. It is perhaps not probable but there is nevertheless a possibility that the Kenora Liberal might be re, d Ty caucus ormally as "liberal- ia abor" it tra t that is ly a label tionally is used in the northwestern Ontario ridings. He always has been a Stralgin Liberal in practic and has bee member cautus Sourge, ran for the tern this Pod many hs associates aren't too happy a way he been in ta 0 print in recen weeks. They point out that his state- Jhents, n i re really dave often taker ath pronounce- si ctly the ts Cinions of ren himself and usually have i made without any consulta- tion at all with his colleagues. They don't like it. ARTHUR RESIGN? Speaking of Liberal caucuses we haven't heard anything from Ar- thur Reaume (who attended very few caucuses because he attended vety few gio 8, Dut Nig tised to try and dominate them When he was there) regarding resigning his Esséx North seat. to the Bone notes course, was forced in | his' Aur: this spring t he d resign if by-elections were gh through a campaign by a bright Windsor newspaper- lack of attention to his job. Arthur has no intention of re- signing, of course, unless he is forced to. And if by any charce he should we have news for him --the government wouldn't call a by-election but would leave the seat open as a final exclamation mark on Mr. Reaume's strange and very unproductive career as provincial member. YOUNG LIBERALS Tom O'Connor of St. Catharines advises that the Young Liberals of the province are to hold a big get- '| together outside of St. Cathariries 1 for three days towards the end of November. More power to them and it is to be hoped they get a really good turn-out. The young end of the grits has been one of their weak spots. Un- like the PC's who have been very active, and valuable, the Young Liberals have never seemed able to get really moving. They will have a good group hére and there, such as the St. Cath- arines club itself, but have not been able to get cohesion, and im- portance, provincially. If they can once they will be a bi elp to their party. The Young PC's have been a very big help, though sometimes their leaders don't seem to &p- preciate it. et organized Permission Given To Use English VATICAN CITY (AP)--English in plate of ancient Latin how may be ised in some ceremonies of the Roman Catholic Church in North America. Vatican authorities said permis- sion to use the English language was given with the Pope's approval by the Vatican's sacred congrega- tion of rites. Permission had been requested by bishops of the <hurch in North America. English now may be used in- stead of Latin in & dministering the sacraments of baptism, mati. mony, and extreme unction as well as in other ceremonies and in giv- ing blessing. The ceremony of the mass, however, must still be in the ancient Latin, official language of the church. Permission for use of English follows similar permission given for use of German, French and Italian, Shorthorn cattle originated in "England and first came into prom- inence in the late 18th century. HIGHEST AUTO ROAD The highest automobile road in the United States winds to the 14,260-foot summit of Mount Evans, says the National Geographic Society. The world's highest suspension bridge spans the Arkansas River 1,053 feet above the riverbed, says the National Geographic Society. PHONE 3- 3492 CLASSIFIED ADS ® The Times-Gazette . PM Ouavd Je Honored By Noble Order OTTAWA (CP)--fiven promis. eit Canadians have besh made of Grace in thé Most Ven- $4ia Coda ul ik Hoth 9 5. 5 ny Gover e-getier Priof of the er in Canada, (Ry they are among 1 promotion or jon to order has been sanctioned 1 Seen, The, onde was % y Queen Victoria ent body of the on John Sh lance Association. Those made knights'of grace are Hon. Louis O. Breithaupt, Heute n fat governor of Ontario; Ho: m John Patterson, lieutenant. Bue auch ah: s chi rir 3 Cre : on 4) eral of trea hs vices fo icity SHES a partment; Col. de deca vernor of ee J HX ! Brig ig WE Li ge nor, former ai to Give vernots - i General D.G eter former eo mander | of he, st Canadian Army in World The list nies 11 ommander brothers, 18 officer brothers; thiee associate officer brothers, 40 serv- ing brothers and one associate serving brother. It has three of- ficer sisters and 19 serving sisters. . Fire Pact Si IN DAYS € GONE BY ie Browiis Creamery 3 vEua completely destroyed by fife whieh Wehtning struck 1 acta § stor | The bosird of edteatioh #0. plete of prapefiy a ope et 'where it was expected Alice street and A Loweied Ais apie would met, ta be uted fur te rd. ™ Even so te acre. Toad ly afer fame of T. B, ha rae Re ors pints of inseribe A go Sat D t A Sc ool nN drice. a took he Ehhe oi serpin Br Lar eT ) ae * A iis won Ee urg Horse fy Mar ia her ik a BEE bec, she lived in os ie years. two days of the the even, od | ea Days Return Minus Dog Myths WASHINGTON --- Dog days -- the hot Hays of deep stmmer-- are settling over tie land. But they return this year shorh of one of their last myths: that gnost dog madness occurs in suminer. In place of the superstitions of old, dog days now stand for the season when newspapers prove that an egg can fry on a Sizzling city street, whén small boys set up neighborhood lemonade si Dae and when dogs, far from mad, sefisibly laze in the Shade. The term '"'dbg days" goes back to the time when thé ancients studied the stars, says the Nation- al Geographic SoHE: the According to early legends, Siti oe pnett. 1 est star in the heave was known as the Dog Star, Its clear blue-white light marked con- stellation Canis Major (the Great- er Dog), trailliig along sol he FAR sonstallation of er The Greeks find Roméins n that Sirius rosé with thé sun before mid-summer, at the ot of the drlest; hottest period of the year. Thus the whArmest séason became associated with the Dog m Star and the Romans called that part of the Sear '"'dies caniculares" hot, wr. or. fof of 8 Stthus for fie fone Ee Ko het de a en shims. wills Sprite has og days brig One of the ol is | ent sipe! dllacy that the ifi- ast fot weather cheatin T.-L usual Gutbreaks of dog madness. Some historians actually beliéve that the term "dog days" stems froth the Suppos fevalefie of §} Canine disease pl ri ¢ Sime "Bit today the theory that iflost dog madness drises ih s er has been exploded as # Medical oports ow at rable occlirs more frequently in dnd fall than A phon my Other superstitions; taken less seriously, have lingéréd into mod- érn times. One holds iat 2 a og slashed during dog ga no PALL Aer on yA sien eur. AtiotHer Fad is gh sdkes go blind at this tithe, a motion Sat Ww ott of | pairment ¢ Sirius, the Dog Star, has long fascinated astrohoifiers. It {8 one of the nearest stars, Arig so b t because it only 1] light years or S51 miles away. Athough it i8 a6 bright as the sun, its lusminos- not exceptional. } than twice that of the its surface temperature (A 10,000 degrees) much higher, its Hight co: ier Fo Cnatfraie OE ay ® ivi ig noted that moves he as if oH by an unseen body. Sure enough, in 1862 a companion star was dis- covered as a faint point of light of Sirius itself, the star has mass of Sirius ft 1/10,000 of the igely, one-third t Hits less With T % Fe Hg Bn 207, Ot by yi bs oO orel] Mo) st a te, ov i be ay Tevet hat vil Be raed a call. derman John Ceok, "fire and light committee ¢ said the new ment covet an area which hitherto has Deen protected by the Bridgeport fire department. The agreement be _effec- tive Sept. 1 and 4 S11 nd until Decembe fm 6 in i A ce . acts party prior to the Decem- "the jo 4d lig a, bos chia Aled SUN NAVIGATION Honeybees use sun navigation in flyltig from the hive to distant lover Shisits hi tack in 2 true Letiine, Soy Geogréphi Soeicty. Rebumine other hive how to pt rs 3 place by means of a waggle dance; showifig direction with Sonia to yk gy position ifi the sky. a ---- DEAD STOCK REMOVED Highest paid 4 for dood, old and shock Cobouig Ter Peterborough 2-2080 ICK PECONI | ntidtihs Soutscr | etplicated $12 | $28 Above payments covet avarpihingl Even § Payments fob Janette omounts ore iA puphisn, ho a tg PE 1 ot nk hw by, SANS OPEN EVENINGS BY APPOINTMENT -- PHONE FOR EVENING HOURS Loans mode fo residents of afl surrounding fons, © Personal Finance Compony of Conde * . Enjoy thy healthful outdoor vacation hetivities at one of Ontarid's popular resorts -- | bus trip th ond bode TP 18g a) ' MIDLAND, icici TM8 Sy COLLINGWOOD ... 7.30 i ~~ WASAGA BEACH .. 6.70 ROUND THF -- BY BUS en GRAY COACH) 14 PRINCE STREET OSHAWA BUS TERMINAL DIAL 3:2241