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P N a / * é--y »» .; FridayaskeZru sry-- 227 *»-- nA l i moommrontnintimee y Fi al Aid for 0. A.C. G inancial Aid for 0. A.C. Grads C 4 Approved by Farm Committee , ; ;F ollows Suggestions by Dr. _ Christie to Ensure Re-- _ turn to Farms--Legisla-- _ _tion Urged at 1930 Session _ Recent suggestions of Dr. G. 1. Chris-- tie, President of the O.A.C., Guelph, | that the Government might well study some method of insuring the return of college graduates to the farm received considerable impetus yvesterday, when the Committee on Agriculture and Col-- onization of the Legislature adopted a 'motion of Aurelien Belanger (Liberal, 'Russe!ll) that in proper cases financial aid should be made available to these graduates, and that the Department of Agriculture, during the next reces: should study the question and bring down, at the 1930 session of the House the legislation that would implemen! the committee's views. PDr. Christie, who appehred before the committee, explained that the On-- , tario Aagricultural College, in its inabil-- ity to place students back on the farm ) directly, differed in no way from other ! agricultural schools, both in Canada and | the United States. At the present tim: 'a graduate can get gack if he wants to, but he first has to go through vari-- ous stages of earning the money that takes him back. Surely, said Dr. Chris-- tie, some method of advancing these boys money wherewith to establish themselves can be worked out. Another resolution adopted by the committee yesterday recognized the work being done by the MacDonald In-- stitute, and suggested that because of its importance to the future of Ontario the Department of Agriculture should extend the work as far as possible in short and homemakers' courses. not only at Gueiph, but in continuation. high school and the three month® course«. | Amendment Treats Legacies of Life Interest as Annuities Permission to pay succession dutlies in instalments in cases of bensficiaries in life interests in estates is one of the changes contemplated in an amend-- ment to the Succession Duties Act in-- | troduced in the Legislature yesterday by Hon. J. D. Monteith and given first | reading. Under present conditions the | full duty nmust be paid at once in cases ;of persons inheriting a life interest, which the Minister felt sometimes worl:-- | ed out unfairly to the beneficiary. | _The amendment, Mr. Monteith ex-- }plained. will also provide for payment | out of insurance of an amount not ex-- 3ceeding $10,000 to a beneficiary after | giving ten days' notice to the Succes-- sion Duties Depariment. Under the \law as it exists at present, Mr. Mon-- : teith explained, hardship often results from delays in getting any insurance money. In respect to the change | which would enable the beneficiaries to ipay the succession duties on a life in-- | terest in instalments, he said the pres-- | ent working of the law was unfair, as | it required payment at once of the tax | on the entire capital represented in the | legacy. | _'"For instance," he explained to The | Globe, "if a will has been made and a beneficiary left a life interest in $10,-- ' 000. the tax on the whole amount is | charged at once or else taken out of the income until it is paid. Under these conditions a beneficiary who lives only a few years after the testator may not enjoy anything from the bequest, as the income for the first few years may be taken up to pay the tax. The amend-- ment will treat legacies of life interest as annuities."