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RU | RE -- . 1 4 . e . ° > ea o o ols eo A ry * country? - sisters", wtb da anise a NREL SAR ar FONG WARS t Reader's Viewpoint Letter to the Editor: ..The Prime Minister has announced a royal commis- sion to investigate the corpor- ate power structure in Canada...who 'runs .the . The Pearson ad- ministration was plagued and bogged down with royal commissions, often which for vears at enormous cost to the public purse, only to be pigeon-holed and nothing done to correct the problems. The time lapse in taking the investigation is often so long that the reports are outdated and virtually useless. The term "royal"' is derog- - atory to the crown. Royal commissions according to University of Toronto profes- sor John Crispo "a sympton of sickness in Canadian society". Crispo, dean of management studies at U. of T. told the Metro Social Planning Council that "Royal commissions reflect a terrible prostitution on the part of our politicians, and worse still, commissioners are hired by politicians for their known preconceived notions, or those who have none, but will bend to suit the situation, and keep quiet afterwards'. Strong words from Profes- sor Crispo! He had more to say including that Canadians are in no position to gloat over the sickness in Ameri- can society when we can find intolerance, selfishness, alienation and violence right here at-home. He concluded in his address to the Ontario Institute for Studies in Edu- cation that quote "Canada is just about as sick as the U.S. Americans are far more open about their difficulties and scandals while we are more disposed to bury and hide ours". Unethical and illegal conduct is widespread and not restricted to government alone. Now the Prime Minister wants to know who runs -Canada and appoints a royal commission to tell him. Next to the government, who only react after the fact, who follow not lead, and appoint advisory boards with no real power like the Prices Review Board; come the corporate elite -and the unions who really run the country. A survey in the U.S. found that next to the President and the Sec. 'of State, the third most powerful man in the U.S. is union boss George Meany. Thereal corporate poweris held by a handful of corpor- ate elite and the "seven banks. The interlocking directorships of the banks iu major corporations is a mas- sive one with so much economic power as to virtual- ly control all major industry - in this country. It has already been researched by Professor John Porter at the University of Toronto and published in a book "The Vertical Mosaic'. Another new revealing study has been made by. Professor Clement and recently published in hook form (U of T). Canadian * hanks, seeking protection from outside banking sources are crying to the federal government to curb foreign hanks operating in Canada, while they operate banks themselves in dozens of foreign countries. Mean- and moreover the - our chartered |, - while, the banks have raised their service charges for millions of commercial cus- tomers, all captive custom- ers of our banking monopoly. Chargex is a prime example of manipulative power held by the banks. The Chargex cartel often make more on the sale of goods than does the provincial government with its sales tax. How you may ask? Well the banks take their 5 per cent on BOTH the sales figure and the Ont. Gov't Sales Tax, and if your payment is late, just take a good look at the interest you 3' Sidelights TEMPERED - INSULATED ) Sliding Glass Doors by "WOODOOR" 5' Sliding Door 1) Sliding Door are being charged. Besides the banks need the money for more multi-million dollar skyscrapers. Richard Thomson, Presid- ent of the T-D Bank com- plains that foreign (mostly U.S.) banks threatens the stability of the Canadian banking system. Why thendo Canadian banks using Cana- dian's savings, loan that money to foreign firms buying our Canadian industry? Instead of complaining about foreign competition, the banks might give Cana- Results from Royal Commissions useless dians a better deal, especial- ly small business. During the last Federal election, it was disclosed that banks pay NO INTEREST on 46 per cent of the money on deposit-and, at a time, when interest rates charged by the banks were "the highest in history, they, the banks were paying an AVERAGE of 4%; per cent on deposits. Just last week an Ottawa man was refused by seven banks to cash a federal gov't cheque. Who runs Canada? Guess who? Dean J. Kelly. din SINT 4 .«y Bd dich dais bmnsurenid isla i stosbisiacn dodbarisitiadidas i Rl PARENT SSN ENGIN BINA PORT PERRY STAR -- Wednesday, April 30, 1975 -- § Requests more specific plans for new arena Dear Mr. Mayor and council; As part of our ongoing interest in area develop- ments, the Scugog Rate- payers' Association is enquiring as to the present status of the new arena. - There is, as you undoubtedly know, considerable concern regarding this project and the effect on the municipal- ity. Although there has been some publicity, it all appears somewhat vague when con- sidering specific plans; such as, building design, calling of tenders, actual cost re- covery, and the status of the fair grounds. We appreciate that specific planning would not be available, but surely the primary requirements should be known: Will there he meeting rooms and. assembly areas? What will the seating capacity be? What extra facilities and cost is involved to provice for the second ice surface? | We wish to ensure that this project has the community involvement. Any inform- ation that we can pass on to the ratepayers at our May 22 meeting at the Blackstock Recreation Centre would be appreciated. sincerely, Bev Muir, President. Yes, its Spring again and time to do those jobs you've been putting off all winter. ul PANELLING -- '349" 3389" Ai match above) FLINTKOTE TILE 12" x12" 26; each NET Nutmeg Cedar *4.95 $7.95 Charcoal Grey Barn Board *6.95 CARPET | - Caravel © Splush ® Shags ® Twists 1x2" 1x3 1x4" 2x3" 2x4" SPRUCE STRAPPING 4 in. ft. BL4* lin. ft. 7° lin. ft. 10° lin. ft. 13° lin. ft. DRYWALL Fx x%" '3.62 DRYWALL TAPE 250' roll $1.50 OUT CORNERS ft. 72% ea. Franklin Fireplace and Grate *16.50 DRAMEX Texture Finish 25 Ib. $4.95 Bag 101b. 2.95 22 FLOORING assortment 85 SQ. YD. $ 'sr LAKE SCUGOG LUMBER YREIAYLY LAS] § SS FEA Pri F ¥ - 985-7391 - PORT PERRY