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Georgetown Herald (Georgetown, ON), December 28, 1989, p. 12

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Page 12 THE HERALD Thursday December 28 Canadian Loonie is popular in the United States By KEVIN BELL Washington Bureau Thomson News Service Canadians may not be in love with the loonie but some Americans think a similar coin is exactly what the United States needs James loves the Cana loonie so much that he has bought of them He passes them out to trade organizations congressmen and anybody else with influence as part of his crusade to bring in an American SI com and phase out the paper buck You ve done a beautiful job of it he savs of Canada efforts to replace the 1 bill Benfield is the executive director of the Washington based Coin Coalition which represents ding machine companies amuse ment game manufacturers transit firms copper mining companies the visualh handicapped and just about everv other group that has an interest in S adopting a SI com Distributing thi loonies has I Pen more effective than bur with pam or position papers explain mg why a simila coin would make senb Id said in an interview just hand oer a loon dollar They can see how it stands out against quarters dimes nickels and pennies he said The Coin Coalition realizes it will face a backlash from Americans if a coin replaces the dollar bill but it s likely they will accept it ingly Benfield said A of Canadians have told pollsters don t like Canada Si com dubbed the loonte because the engraving of a loon adorns one side We know it a pain in the der riere but the consumer will adjust in a year or so said Legislation introduced in Con in February calls for a gold colored coin made of copper The Senate is scheduled to hold hearings into the matter next month Benfield said the coin may be a reality in the United States within five years but the S must follow Canada s example if it wants to successfully introduce it The mint must phase out the pope dollar to allow the coin to gain a foothold as Canada is doing he said Public inertia is the single problem we have The public has to be madt aware that printing bills costs millions of dollars more than ing the sturdier coins It out of sight so it s out of mind said The loonie which Benfield call real slick must also act as the model for the S It is a different color than other coins and it is larger he said The U S Mint introduced a coin 10 years ago named after women s rights crusader Susan Anthony but it to catch on because it was shghtK larger than a quarter and also had a rated edge It felt the same as a quarter The next American dollar coin should have a smooth edge similar to the loonie Benfield said BILL TOO And to help the transition the Com Coalition also wants the S to emulate again and in a bill While Canada is well ahead of the United States in phasing out the Si bills says it is well behind in another coin concern getting of all those pennies that accumulate in jam jars The Price Rounding BUI is the answer Introduced in Congress last month it would require charges for most goods and ser to be rounded to the nearest nickel Benfield holding his breath for quick passage but expects the will eventually be a coin of the past The ke to phasing it out is to keep prices the same then round out the otal to the nearest nickel he saw For example a single item that costs 98 cents would be round to SI but two would cost Si and that figure would be rounded to shopper rareh a smple tern the rounding process neither the nor stller Benfield said Consumers would still be able to to the cent by cheque or credit card and pennies would still be as legal tender but would not be receiving pennies m their change Guelph St Georgetown Ont 877 MAIN ST MILTON 8780050 OPEN 7 DAYS 8732151 I Guelph St Sat Sun 11am Passive Reducing Exclusive Ladies Salon Tanning Manicure I Beds Table 8734907 Roe Enironco Georgetown OPEN MonSat 96 Fridays 99 BOXING WEEK SALE SAVE 30 OFF ENTIRE WINTER STOCK All Christmas Exchanges by Sat Jan DRESSES Doywear and Party Dresses com Joseph hang Rome Panto Linda Lundslrom Maggie London and many more SAVE 30 Regular and DRESSING Blazers skirts pants blouses and sweaters from Jones New York Mr Simon Chang Mister Leonard Petites Tan Jay Chic Petttes Pant man and more ALL AT OFF Regular and Petites OUTERWEAR All winter coats and ackets from London Fog Sterling Stall Far West and many more now 30 OFF Regular and ACCESSORIES All Worm Winter Hats Scarves Mittens Gloves and Jewellery SAVE 30 OFF SAVE OFF ALLCRUISEWEARH Legion holds New Years party Legion Lines J T HAYES Branch PRO Members have still lime lo get their tickets for the New Year part bung hold in thr auditorium and lounge on night FRIDAY NIGHT High lad Vi Hewitt second Mae Tost High Bert st CI LB WINN KS Dec 21 Carol and Ralph Bosnia Gloria Sargent Josie Tost Hon Max Jack Yours truly managed to miss one of the 150 winners last week Betty Caldwell was lady in question sorry about that SATURDA MI- AT DRAW This weeks win Jack Pickett Harry Allen Keith Tost Peg Lewis King Ron Stott Mike Sargent Dorothy Vinkle Don Latchford Frank Nicholson Herman Nicholson The turkey was won by Lottie Bottoms who Ford name out of the drum for turkey which was donated to the branch by a guest MEMBERSHIP Dont forget to pay your dues before year end Early bird draw results will be an nounced when I get them The President Levee w held New Year s 24 p WESTERN carpet VINYL BR0ADL00M VINYL TILE AREA RUGS FULL INSTALLATION DEPT FAST FRIENDLY SERV 184 GUELPH ST 8732355 88 KENNEDY BRAMPTON ONE DAY ONLY OFF ENTIRE INVENTORY Excluding Artwork January 2 1990 Thank You for Your Patronage and Welcome to the 90s Campbell House Gallery 115 Main St S Georgetown 8730674

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