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THE HERALD Wednesday April Page 3 Work before play PAST PRESIDENT the Georgetown coming president Sandy Mackenzie at Chamber of Commerce Ray Steele left Wednesday a spring meeting of the chamber officially pasted the duties on to the in- A Japanese businessman and a Canadian were on a plane flying over Japan Why is your country doing so well when ours Is not the Canadian asked Look down below us the Japanese businessman said How many golf courses do you see None replied the Canadian That a right You play we work Canadians have got to adopt the work ethic If they ore going to avoid a major financial crisis That was one of the many warnings that he Georgetown Chamber of New faces for Chamber The new executive of the Georgetown Chamber of Commerce was Installed at Wednesday night annual spring meeting at the chamber held at the North Hal ton Golf and Curling Club The new executives are past president Ray Steele president Sandy Mackenzie first vicepresident George Gray second vicepresident Les Griffiths secretary treasurer Walter Blehn directors Alex Doug Ted Gorth and Bruce Mclntyre Also introduced at the meeting were the new members of the Georgetown Chamber of Commerce The new members Include Jack Schlieman of AP Store Lou Houe of Weatway Jim Gordon of North Ha ton Motor Sale Ltd John and Bellamy of The Book Shop Doug Brock Caledon Laboratories Ltd Elmer and Helen Lloyd Dairy Queen Bra tier Store David Vance Four Winds Art Shoppe Bruce Gage Stationery Company Alan Glen Taxi Bob Hamilton Robert Hamilton Heather McRae Household Finance Cor poration Hartley Coles the Independent JC and Brian Park Thermal Ltd Joe Meurer Twin Windows Limited D Storehouse Loblaw Ted Worral J Wenall Sales and Marketing Jim Fleming Servicemaster of Georgetown Lionel Co Ltd Hoy Booth The Boar Head William Price and and Coatings Alexander Thomas J Hill Morrow and Brig Eric Wallace THE GEORGETOWN CHAMBER OF COMMERCE took a healthy Jump upwards In membership thanks to a con drive by secretary treasurer Walter Blehn which resulted In a number of new members The chamber now represents approximately 100 Georgetown firms in duals and businesses Six new members were on hand last Wednesday for the chamber annual spring meeting Displaying their membership certificates are front row from Ted representing J E Sales Pork Thermal Ltd back row from left Fred Long Gage Stationery Jim Fleming of Georgetown and Joe Meurer of Twin Windows Ltd Commerce received last Wednesday in a speech by Cap representing the Investment Dealers Association of Canada Mr Leahey told the chamber members present for the spring meeting of the CoC that We have the play ethic and they have the work ethic and unless the attitude of labor and management all He changes things could get worse In this country As It is now Mr predicted that the current slump In the Canadian economy may continue through this summer at which time it may pick up slightly However said Mr Canada has still not taken Its knocks He ex plained that Canada going to have to suffer through the same monetary pains have Germany and Japan in order to reorganize its financial structure Japan he noted had to reach an unemployment level of to percent before beginning the climb back to stability One of the major causes behind the current recession In Canada is labors steadily growing demands for more money said Mr This game of financial leap frog with the automobile and steel unions leading the way la leaving many people behind particularly those on fixed incomes As long as we continue to have these large union monopolies there is no way we an combat Increased in he stated Looking Into the financial crystal ball Mr Leahey hinted that anyone considering in vesting In the commodity market should take a look at copper and aluminum During lie next three years the money hat s going to be made In the commodity market Is going to be in copper and aluminum Gold the present wonder child of the market he predicted Is going to decline in value But he Issued a warning that anyone considering an In vestment In anything from commodities to stocks should be prepared Objective thinking Is one of the moat Important facets in a wise investor nature An investor must remain unemotional if he Is to succeed That he warned may be easier said than done in light of the p financial on It will be a very volatile market in which people easily become very nervous Separating success from failure will mean being well FROM KINNEYS Satisfaction Guaranteed Or Your Money Refunded LOOK FOR THESE SPECIALS OUR POLICY Ladies Poly Coloured WEDGE SANDALS In white Slits Reg til n NOW Boys North Stars Regular 00 Sree Range to NOW IU Boys SUEDE CASUALS Rag NOW 00 Mens North Stars Reg In Sues to 1A00 NOW I Mens SUEDE CASUALS Moc Vamp style In to Tan only NOW 00 OPEN DAILY TO p SAT TO 6 m inney shoes There more to go Kinney lor St Georgetown informed and being prepared to accept a few losses along the way Once you have gained a little added Mr you then have to be willing to back up success Mr offered a great deal of free financial advice to the members His suggestion for the wisest investment was high grade fixed income securities such as government bonds If you re going to be prepared for inflation you hold assets instead of cash he advised Common stocks real estate and commodities were other choices for a considering investor The people who will sue will be flexible and prepared to change la there room for the small Investor in the stock market a chamber member asked No unless you have at least Si Mr advised Will the Canadian dollar hold par with the American dollar Canada Mr Leahey replied has enough reserves to keep up to the American dollar But if they want to promote exports they will drop it to about cents CAP LEAHEY guest speaker at the Georgetown Chamber of Commerce Choose it TILDEN ANDREW MURRAY MOTORS INTRODUCING spred quality paint at a budget price spred latex flat wall paint Is name that famous for no quality Sprod points 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