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THE CANADIAN STATESMAN. BOWMANV[LLE. ONTARIO Assessment notices for 1953 have been inailed this week to the ratepayers of Bowmanville according bo Town Assessor Clarence Oke. Some property owners may suffer a shock at f irst glance at their new assess- ment because the amount will appear very high in comparison with other years. Mr. Oke points out, however.' that although assessments will be noticeably increased, they are based on the new equalized assessment whîch is being adopted in the United Counties. Under equalized assessment, individ- ual assessments will, in some cases, double, but the new Miil Rate to be struck by Town Council early in the new year will compensate for the increase 10 a certain extent. Although it is difficuit at this time The twenty-third annuai report of the Canadian Farm Loan Board for the year ended March 31, 1952, has just been issued. The Board is a Dominion Government agency engaged in making long term mnortgage boans to farmers. Applications for loans drapped 16% during the year but the total amount ap- proved for loans, $4,238,400 was only 10% less than in the previaus year. At March 31, 1952, the Board held 16,497 f irst mort- gage loans for a boal amount of $28,365,- 986.23. The Board also held 2815 second mortgage boan accounts totalling $1,246,- 452.15. The principal assets under admin- istration comprising loan accounts, sale agreements and real estate increased by $1,405,819 10 a total of $29,864,551, the ARE YOU LISTENING, MR. ABBOTT? If it wasn't considered wicked to be envious we might envy the farmers when we see the government has amended the Canadian Farm Loan Act increasing the maximum loans from $6,000 to $12,000 at rate of 5%,l interest on f irst mortgage. This favoritism in the face that publishers of weekly and daily newspapers have been compelled, in recent years, bo pay a steady increase of from 3%1o b 10%Z sales tax on newsprint while the price of this precious and indispensable commodity has more than doubled at the same time. Futher- more, we were advised this week that newsprint wili take another boost of $10 per ton on Jan. 1, 1953. So don't be surprised, dear reader, if subscriptions of newspapers in the very near future wili be increased to meet this excessive cost of production - unless, of course, the government will listen to reason and cut the exorbitant and unfair sales tax. If our local M.P. expects to get our support in the coming federal election he had better get busy and put forth his best sales talk on Doug Abbott in behaif of his fellow publishers. BETTER FILE AND FORGET THIS REPORT, TOO A couple of years ago the combines office îssued a report alleging price fixing agreements by flour miones. Belatediy it was discovered that the flour millers were just following instructions from the gov- ernment's Wartime Pricos and Trade Board, and the whole thing was quickly mnarked "File and Forget." More recently a combines office re- port told of some bakery union officiais Who had fractured the law by forcing re- tailers in Winnipeg ta keep to a standard price for bread. A uittle Iter Justice Minister Garson said he bhought the law had been broken ail right but he wasn't going bo prosecute bocause no doubt the labor leaders had learned their lesson. No doubt he had also conciuded that il would be very poor politios bo prosecute anyone prominent in the labor camp. Now the Combines Commissianer has come out with a report aileging that forty-three - forty-three, count 'em - companios in the fine paper business have been fixing prices. A spokesman for the paper milis says, among other things, that the Commîssionor entirely overlookod the fact that the companies were actin g for Established 1854 with which b îflcorporated The Bowmanviile News, The Newcastle Independont and Th. Orono News 97 Years'Continuaus Service ta, the Town ai Bowrnanville and Durhamn County AN INDEPENDENT NEWSPAPER ÇUREA# SLBSCRIPTION RATES $3.00 a Yearr. atrictly in advanc. $4.00 a Yeczr in the United States Publushed bT THM jAMES PUBLISHING COMiPANy Author*sed au Second (Mens Maul Pool OMlce Départmont. Ottawa. Bawm=eville. Ontario GEO. W. JAMES, limas to forecast the mniii rate for 1953, under equalized assessment the rate should be a little more than haîf of the present 70 miii rate. This xiii make taxes approx- imately the same, or in some cases, less, than previaus years. Ib is further esimated that about 25 per cent of Bowmanvilie ratepayers will find themselves paying slightly higher taxes next year. We hope 10 have more 10 say on the new setup of equalized.assessment as ib is apparent from the furore created by some of our citizens they are evidentiy flot familiar with the new system of assess- ment which is not quite as bad as it ap- pears on the surface. It is hoped, boa, that the Mayor will issue a statement to clear up some of the misunderstandings regard- ing this much discussed problem befare the Court of Revision is held next year. largest amaunt since 1944. The Board being self-sustaining pays ils own costs of operation which incrcased 31/1,(1 during the year ta $443,845. The moderate decline in volume of new business experienced in the last bwo years may be baken as an indication of the temparary prosperity farmers have been enjoying in rocent years. This happy condition may be slightly reversed due ta a noticeable falling of prices in some farm products. However, there are certain com- pensations as -the Canadian Farm Loan Act has been amended incroasing the max- imum boans from $6.000 ta $12,000. The current interost rate on first mortgage is 5,ê. Ail of which stili looks as if the governmont pubs the farmer group in a favored class. public good and flot f or public harm. He says also that af ter 4½/ years of pondering the problemn the government got the re- port out in less than two weeks, avoiding having it reviewed by the new, three-man combines commission, which might have decided that there was no evidence that anything illegal was going on, and that therefore it would be unfair to the com- panies involved to even release the report. The batting average of Ottawa's trust busting team doesn't seemn very high. REPLACE GREED WITI{ THINKING The frightening thing about the kind of life stemming from the kind of admin- istration this nation has been "enjoying" is that instead of building harmony and understanding, this country has seen grow up organizational empires heil-bent solely for their own individual and greedy ends. Have we forgotten that the Golden Rule makes ail people happy? Have we forgotten that good things happen when individuals are good? Have we forgotten legisiation, makes things right and wrong? Are we going to put the brake on our greed so that human relations can enjoy the benefits of science which now are going into materials for destruction of each other. Can the minds of men catch up with the produots of science? -Oconomnowoc (Wis.) Enterprise. WANTED: NEW WORD FOR CAPITALISM Capitalismn is defined in the dictionary as "an economie systemn that permits private ownership of land, wealth and natural resources such as coal and iron, and the right of private enterprise to sel services and goods at a profit." This definition is very good as far as it goes; but xvhen we speak of capitalism, as opposed to socialism or communism, we thînk of more than the ownership and management of property. We think of the right to think our own thoughts and to express them, to plan our own lives and to direct them, to believe whatever appeals to our reason or bo our faith and to teach il to our children. These things are inciuded in the cause for whioh this paper is fighting; and because thev are so ino]uded, we feel that "4capitalism"* is flot a completely satisfac- tory name for suoh a cause. The same is true of the terma "free enterprise" whioh is an essential part of the cause but not the whole of it. The term 'our way of life' is even less satisfactory for il might be taken to in- clude some things we are not prepared 10 fight for. This leaves us with no adequate namne for the cause whioh we believe the bulk of our people wouid like t sece prevail. We believe, and we think most people. will agree %vith us, that ail human pro- gress dates from the time when man first learned to talk and to commune with his fellows, and that if he haci fot been free 10 talk and to think there would neyer have been any progress or anv civilization. We litile know how much we owe to the fact that men learned 10 talk before they learned to set up governimenîs. WVe are convinced that the greatest threat to our prc'sent ci-vilization is the growing power of the state and the vi] ingness of the people to allow it to direct their thoughts and thuir actions. So we are looking for a word that wil connote the mental and moral as well as the material objections 10 the all-powerful state. -The Rural Scene. The Road te Health 25 YEARS AGO Rotary Club gave tho Hospitali Board $1200, being the net pro- ceeds of their street carnival whieh amount applies ta the Nurses' Residence Campaign. Fine destroyed part of the Hol- gate Evaporator, due ta an aven- beated furnace. Dr. Jas. L. Hughes. a former inspoctor of sohools in Toronto for 39 years, claims women can train boys botter than mon, be- cause they bave more patience and undorstanding than mon beach- ors. Chas. H. Franklin, native of Bowmanvilie, died in Detroit. Charlie was born on the proporty noxv known as Franklin Park on Scugog St. Phare & McCoy butchor bus- iness bas been taken oven by Han- old Jexvell. Orono-Miss Jo Arnmstrong bas gone to Philadoîphia, Penn., where she bakos a position as dietitian with the "Y work. James Gale, for many yoars oditor of tbe West Durham News of Bowmanville, dlied November 19 in Brantford Hospital in bis 75tli yeur. In 1907 The News xvas bougbt by M. A. James & Sons. George Garbutt, son of Rov. John Garbutt, a former minister of the Mothodist Church bore, bas been appointed organist of Col- borne St. Church at London. Gregory Colmer, Bowmanville, and Lawrence Allun, Orono, are local candidates for the Older Boys' Parliament. During 1951 about 53,000 hanses wcre eaten as horse moat in the United Kingdom. 49 VEARS AGO At the Durham County Liboeral Association Convention beld at Orono D. B. Simpson, K.C., was eiected presidont and R. D. Day- idson, Secretary. Town Council passod a by-haw prahibiting spitting on the side- waiks. Prohibition is coming swiftly in West Durham. Dariington Township led thoe vay and now Cartwright is ta vote on local op- tion at the comîng municipal eioc- tions. St. Paul's Ladies' Aid adventise an excursion ta Toronto via G.T. R. at $1.30 retuirn fare. Congratulations ta Miss Carnie Cherry on campleting ber nurs- irng course at bbe Genenal Hos- pital, Toronto. Robt. Beith, M.P., bas roturned from the Northwest Ternitories, bringing four Hackneys wîth hîm. Mrs. A. N. Mitchell, (nee Flor- once Tiiioy), Toronto, bas been afficiating as onganist at Bloor St. Presbytonian Church during the absence of Mrs. H. M. Blight wha bas been piaying for the Colci Stream Guards Band. Jas. E. Beaoock, Cartwright, harvested 480 bushels of white Danish Oats from six acres. W. J. Bragg, Providence, gave an oyster supper ta about 50 of bis apple piokers and friends. Enfied-The affirmative side at Division won the debate 'Re- solved that a young man's passi- bilities are botter in Manitoba than in Ontario." Sauina-A. L. Pascoe bad a suc- cessful busking bee hast week. Courtice-About 90 tons of cheese was made by aur factony tbis soason. Ed Youngman's Column The Statesman's Grass Roots Columnist Last week the Globe and Mail we also bumped into Mari McGill, carried a story about an English Mary Phasey, May Trick's buis- couple, living in Toronto, cele- band, Bill Sim's wife, and a lady brating their golden wcdding an- friend of Rev. Freddie Riding, niversary. They liad deferred one-time minister of the Ponty- their sailing date for Canada 24 pool circuit, Yep! That's the way hours, thus just missing shipwreck it goos. when the Titane crashied into an*** iceberg and sank in mid-Atlantic We were guests of Solina Home during April, 1912. and School Club last Friday. AI- During May, 1914, my mother- though we were strangers to most in-law intcnded crossing to Eng- of themn, their welcome was so land on the Empress of Ireland to warm and sincere we foît right visit hier folks. She bocame quite at homne. i11 the dav before passage was 10 It's nearly 20 years since we ]ast bo booked, so the familv thought heard Ileen Baéion play an instru- it wise to wait. Good job, too, be- ment. We hope it isn't another cause the Empress was rarnmed 20 before we hear her again. That by the Norwegian collier, Stors- girl can real]y play. tad, with a consequont appalling We were pleased the Hampton loss of life. Quartette were present. It has The odd thing is, Grandmna bas been our pleasure 10 hear this fine nover bad any yen for sailing aggregation before, but last Fni- sinco, and is stili doing hier own day was the best yet. They are houscwork, at bier Toronto home,ý so modest, we honestly believe, in hier 85th year.' they don't know how good they There wore fixe of mv, wife's are. There are paid quartettes on relatives on the Emnpress, four of the radio that ought to take les- whorni were savedi. The fifth, sons in harmony from the Hamp- Uncle Leonard Delamont, doffed ton boys. his lifebeit, which hie put on bis A chap named Stevens recited, mother. thon jumped over the sideJ whose en unciation, diction, and and was nover seen again, in, delivery was s0 good. we coubd spile of the fact hoe was an expert have listened to bim for another swimmer. hour. When most people spout One guess is as good as aniother, poetry they give me the pip, but as to %vhat happened. He may1 the way Mr. Stevens handies it, have been suckod down in the! is a sheer deligbt. It was worth vortox when the ship plunged to driving from here to Sauina to the bottom, struck by a floating have the effervescent Pearl Leach object: became chilled in the bead us in a sing song. freezingly cold water; or cramps. We stopped off long enougb to We are aIl Prettî'v proud of the1 watoh the Solina men folks sand- memory of him giving bis lifebelt ing the floor of the new Comi- to bis moiher. in ordor that she munity Hall, which is going to be could bo saved. It was one ofi officialby opened with a turkey man's noblest arts. to lay down dinner Nov, 28. Most folks are his lite for another. Igoing ta be surprised when they - ýý4 * ,see %%,at a fine barge hall bas heen Butch and I v- ited Sunshine erected by initiative anid elbow Rebekah Iodge No. 222, Oshawa, grease. Nov. 17. Those Oshawýa girls* rea-v nowthir onons when itý Open Letter to Dan Sullivan cornes in puttin.- on ani, nitiation. Doar Danny: The throo candidlates were so im- 1 According to the grapevine, you pressed. they now wish they had are leaving The Statesman, toa ac- joined sooiner. When we started cept a more remunerative pas- for Oshawa, .%e figured w-e would ition, with perhaps, wiýer re - know onlv onc' prirson therc, the sponsihîlitics, and better chance's .N'oble Grand, Lillian French. But of advancement, with one of the EDITORILSM New Equalized Assessment Staggers Some Ratepayers Sincerely, Ed. Youngman. The Sialesman Sold Ai Following Stores Trull's Store. Courtico. Strong's Store. Port Houe. Reg. Edmund's Store, Bethany. Dyer's Drug Store, Newcastle. T. Enwnight's, Newcastle. S. Brown, Newtonville. C. Pethick, Enniskillen. T. M. Slemon, Enniskillen. F. L. Byam, Tyrone. G. A. Barron, Hamptori. Newton Taylor's, Bunketon. H. T. Saywell, Blackstock. Keith Bradley, Pontypool. C. B. Tyrreli, Orno. H. K. Reynolds, Kondal. J. W. Jewell, W. J. Berry, Howse Confectionery Jury & Loveli Elgie Harnden's Hlandy Store and The Statesman Office. THURSDAY, NOV. 27, 1952' In Canada there are 5,300,0001 long ta unions of onesort or an. work.Lrs. 0f them, 1,100,000 be- 1 other. y u If you live in an average Cana- dian community, you can easily see that it's changing. Everywhere yau look, ncw construction tells a stary of progress. Hlere, perhaps, is a handsome new store. There, a new bridge, office building, power plant, highway, housing pro ject - or some other vital deveiopment that makes life better for ail. But do you know that many of these deveiopments are made possible by a certain Key Man? And can yau gucss who he is? HJsIcl he typical lii e insur- ance policyholder-represciit- ing millions of Canadians. How can he do ali this just by owning ife insurance? Because a large part of his premium dollars is invested for himinii sound securities which help finance rnany such pnajects. Each yoar, more than 225 million life insurance dol- lars are put ta work in these useful ways frorn coast ta coas:! The life insurance poiicy- holder is a heipful citizen in another way. For the money he puts aside fan the future helps safeguard bis farnily from ever becorning a financial burden ta others.el AIl in ail, he's an asset ta hit community and the nation! THE LIFE INSURANCE COMPANIES IN CANADA "lT 15 GOOD CITIZENSHIP TO OWN LIFE INSURANCE" L-752D There are three parts of aur annual report that 1I binlc xvoubd particularly interest you: DEPOSITS: Because of your Sconfidence, and ibat of 1,900,0001 other Canadians in all walks of "-'life, the B of MI holds more than two billion dollars in deposits. Fulv half these deposies are made up of the savings of private citizens . . . bard-earned dollars that mean a backlog of money for their use. At the end of the hank's ýear, on October 31st, 1952, total deposits stood at the record fgure of $2,147,900,483. LOANS: During the year, your Bank made many thousands of boans ta business and industrial enterprises for production of es'ery kind - to farmers, fisher- men, ail nmen, miners, lumber. men and ranchens -to citizen% And it's a report you can be proud of, for it's about the money you have on deposir at the B of M. 'Ihroughî>ut the year, your Bank keeps that nioncy bard at work - expanding, improving and pioneering Canadian enterprise of every description and size . . . financing Canadians of every callîng and building Canada in evcry scise. l'ou not onl "v help i'ourself u hen ou sas e at the IB of Al . you also help your coulntry. ar every calling, and ta Pro.. vincial and Municipal Govern- ments and School D)istricts. At Ocmober 31 s, B of M loans amnounted tsi $712,179,8-16- the highest figure in the hîstory of the Bank. INVESTMENT!.' Always keeping ia gond proportion of the money on deposit i quicklv availahie form, 5our Bank bias $987,503,535 investcd in higlb. grade gov'erniment bonds, and1 other public secuirities wbich have a ready mnarket. This money helps tu finance govcrnment s prajects for the betterment of C anada and the welfare of lier people. In addi ton, the B of M holds S$121,11 6,603 in other securities - mnainly sbort-term credits ta industry. C My Bank bas just complered its h35th year witb assets amaunting ta $2,286,477,930 - the higbest figure in ils history. The B of M'~s gross cdi3i parc of ch%. rowt of all(Canadai and of this c oiniunity, and I arn proud of tie plac e iiy c us- torners have in ibis story of progress. GEORGE MOODY, MANAGEU, BOWMANVILLE BRANCH, BANK 0F MONTREAL Lucky Farmers Get Increased Loans Via Canadian Farm Loan Act best firms in the business, Me- Lean-Hunter Publications, Toron- ta. A job that should be one rung highen on the ladder of success ini your chosen profession. A lot of people in Durham County are going ta miss you, in- cluding a couple of old hayseeds back here in the Durham Forest. Although we would like ta have you stay, we realize that you can't get to second base as long as you have one foot on first. Offhand, I don't know how ycou suited the owners of The States- man, but this layman's opinion is, you will be hard ta replace. Any- lime you covered a meeting, you did it wel, as your subsequent unbiased writeup would prove. Your coiumn "Now Hear This" has been one of the bright spots in this paper for some montjîs. My wife and I have enjoyed it be- cause it was always full of human interest; we liked being let in on the sayings and doings of the small fry. Apant fromn your nice persan- ality, we appreciated your reai worth when you bold us you were learning plenty of angles in the newspaper game frorn the "James Boys." Most college graduates figure their diploma ontities them ta start at the top. You wero smart enough ta start at the bot- tom, and big enough to givo credit where il was due. Our guoss is that, the coaching in public re- lations you have received froîi the aid past master himself (G. W. James> will stand you in good stead in the future. And, it may be a while before you bave a bot- ter bunch of co-workers than those around The Statesman plant. Well! So long, Danny. Butch and 1 wish you the best of luck, and 1 know there are lots of others who will join us in that LOANS $501.o $1200 EXAMPLESOF LOANS > Neighborly, considerate peo- 8 MO24EM 4 pie tailor the loan to your best c pu1-1 24 interests . without endorsers Get 141 2997~5 or- bankable security. Auto boans il $1 $28 $40 featured here! Phone for one- E,.SPyoM 17I ov. Loans $50to $1200 Icome> 3~' HAT Ica1,9LI CES Io SAY VIS, 2nd FI., 111/2 SIMCOE ST., N. (Over Bank cf Nova Scotia), OSH4AWA Phone: 3-4687 * John P. Alexander, YES MANager OPEN SATURDAYS UNTII. NOON Loans mode le residents of cil surrounding towns - Persanal Finance Compus>' of Canada 'I Key Mari in v THURSDAY, NOV. 27, 1952 '