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Re nr "at SAN = hg 0 a WE HAVE HAD a degree of inflation in Canada for so long now--certainly for most of the past 20 years--that familiarity may well be breeding contempt so far as the great majority of Canadians are concerned. It is not hard to see why. The period in question has seen the economy expand and living standards rise as never before. Admittedly, year by year, the " purchasing power of the dollar has inexorably declined (since 1949 it has fallen to 66 cents), but, on the whole, the decline has been insidiously gentle and masked by the fact that actual dollars earned have climbed faster. ~All in all, in this country as in others, the condition, under- standably enough, has been ~much preferred -to--the hard times, mass unemployment and economic stagnation which characterized the non-inflation- ary Nineteen Thirties. Thus no less a body than the Economic Council of Canada regards a two per cent annual rise in pri- ces as acceptable and, as one economist remarked the other day, many Canadians willingly endure an inflationary spiral of around three per cent as the price to be paid for full employ- ment, Unfortunately, we are now in a situation in which the infla- tion is running at a rate not of two or three percent per annum but of between four and five per cent. A situation, in short, in which the dollar will lose as Prosperity In Danger Do You Remember? much as another nickel in value in the space of a single year. Internal considerations apart, a nation as dependent upon ex- ports as Canada manifestly is flirting with disaster if it toler- ates such a level of inflation for very long. We just cannot allow our costs, and therefore our prices, to continue to climb so much more steeply than those of our competitors (not- ably the United States) and still hope to go on selling our products abroad on the scale we have been doing. And yet seri- ous unemployment will be only one of the dire consequencés of our failing to continue improv- ing our export performance. The Economic Council has made that very clear. of course, about the causes of the current severe inflation. Government spending to the. tune of hundreds of millions of dollars more than is being re- ceived in revenues; excessive wage demands and forced set- tlements out of all proportion to increases in output per man hour; higher taxes of every kind and at every level: these are the prime ingredients of the mounting threat to prosperity. It is not yet too late for rea- son on the part of Ottawa and organized labour to reassert it- self and pull us back from this dash toward the precipice. But time grows perilously short. 5 "Industry" "There is no great mystery, . "50 YEARS AGO Thurs., October 18, 1917 Pte. Randolph Switzer has been awarded the Mili tary Medal for keeping up field telephone communi- cations under terrific shell fire. Sergt. Harry Abbots has also won the Military Medal. "Two popular young peo- ple in Port Perry were united in marriage on Oct. 11th, Miss Aileen McCaw to Mr. Harold Emmerson. Mr. Frank Bailey has bought the lot and or- chard from Mr. H. E. Briggs in Prince Albert just east of his own pro- perty. The barns and pig pens of Mr. Wm. Pollock, Sea- grave were totally des- troyed by fire. 25 YEAR SAGO Thurs., October 18, 1942 A military demonstra- tion will be staged in Port Perry consisting of 45 Air Force men, 35 army men. 17 vehicles and 2 officers. 'Mr, and Mrs, -Norman - « Lansing Nestleton, have received word that their son Bdr. Dean C. Lansing is a prisoner of war in Germany. Miss Gladys _ Joblin, Quebec, spent a few days with her parents, Scugog. The following Black- stock men have gone west to help harvest the grain crop, Lloyd Wright, Dal- ton Dorrell, Reg. Middle- ton, Ernie Swain and Bert Hoskins. District Deputy Charles Reesor and his Degree Team of Warriner Lodge, were in Oshawa installing the officers of Corinthian -~.nd Phoenix Lodges, Osh- awa. 15 YEARS AGO Thurs., October 23, 1952 Harry Harran veteran angler, Caesarea, caught one of the largest fish of the season, a 26 pounder. Mr. and Mrs. Thomas Bushby, Greenbank, cele- brated their 50th Wedding Anniversary. Robert: Harris, Uxbridge lawyer seeks Liberal no- mination. Mr. and Mrs. Jack Star- key are on an extended visit to Oakland, Califor- nia. Mr. Charles Venning & Mr. Wilfred Williams are adding a wing on the east side of their garage in Blackstock. 10 YEARS AGO Port Perry Lions Club pledge $100.00 in support of Minor Hockey in Port Perry. The Chamber of Commerce also pledged $100.00 to further minor hockey in Port Perry. Lion Bert Hutcheson was installed as the first life member of the Lions Club. Port Perry United Church Choir are present- ing Gilbert and: Sullivan's "H.M.S. Pinafore" in the - Port Perry Public School. Sister Grace Love was installed as Noble Grand of Maybelle Rebekah Lodge. vans BILL SMILEY Sugar and NOW FOR A SNOOZE You think you're tired? I've been home for three days from my second trip to Expo, and I'm still whimpering with fatigue. Any Expo trip is a back-breaker, but when you are shepherding a gaggle of teen agers, it's gruelling. You wind up a three- day trip with blistered feet, hollow eyes and the stunning realization that you are really, at last, over the hill. Picture your faithful correspondent lur- ching out of bed at 6 a.m., to catch the bus at seven. Repulsive, isn't it? But you should have seen the same body some 21 Spice sheer giddiness from exhaustion, or a desire to show off, I don't know. But, I told one of them in my most ferocious 'manner, they were acting like old maids who have had their first martini. : We got the 75 boys "settled down" in one huge dormitory about 1.30 a.m. the first night. At three I was awakened. Nipped out and caught two seniors sneak- ing in the back door. IS Pointed a trembling (with rage) forefinger at one and said, "Kelly. Do you want a one-way ticket home tomorrow, with a phone call preceding it?" hours later, after a nine-hour bus trip, hours of trudging the asphalt of Expo, and more hours of getting the kiddies to bed. And to sleep. Some of those "kiddies" are 20 years old. It was past the repulsive state by then, and was merely pitiable. We averaged 19 hours a day in' action, five in bed. It wasn't all that bad, though. It seldom is. As usual, 97 percent of the kids came through with flying colors. We didn't lose a single body, and they were punctual at the buses, which floored me completely. It was the other three percent, of course, who made the jaunt somewhat less than a picnic. One bird on my bus got into the booze, barfed all over the back seat and floor of the bus. He did it so quietly that we didn't find out about it until morning. He was torn into small strips and given the job of cleaning out all the buses. He was a lamb for the rest of the trip. Three little guys in Grade 9 went to the Tunisian restaurant for a meal. It cost them $21. They gleefully admitted as how the carafe of wine they had with dinner might have put the price up a bit. What surprised me was the calibre of the culprits. On my bus I had a pretty tough crew. Mostly Grade 12 tech boys. I had along my rhinoceros-hide whip, my brass knuckles, sandbag and the special revolver which shoots tranquillizer darts. Didn't need anything. They were angels. Real trouble-makers were the so-called "leaders" of the school. Whether it was ~~ - "INossir." "Well, that's what you're going to get, and that goes for anybody else who ®ven peeps like a little bird." Miracle. They went off to sleep. It wasn't exactly visions of sugar-plums danc- ing in their heads. It was visions of en- raged parents and an irate principal. Second night, boys were bushed and it was the girls who goofed around ha¥ the (Continued on Page 3) [PORT PERRY STAR CO., LIMITED Serving Port Perry, Brooklin and Surrounding Areas x P. HVIDSTEN, Publisher WM. T. HARRISON, Editor Member of the Canadian Weekly Newspaper Assoc. Member of the Ontario Weekly Newspaper Assoc, Published . every Thursday by 'The Por Perry Star Co. Ltd.,, Port Perry, Ontario. Authorized as second class mail by the Post Office Department, Ottawa, and for payment of postage in cash. Subscription Rates, In Canada $3.00 per yr. Elsewhere, $4.60. per yr. . Single Copy 10ec. Ce hey em AN re Re,