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. News from Ashburnarea Big events By Mrs. R. Heron It was a beautiful Sunday Morning on September 19th and Church School and regular service attendance seems to be getting back to normal after the summer months. Rev. McEntyre gave us a very practical and helpful sermon on family relation- ships in the home. During the service Mrs. Ross Batten and Mr. Alfred Fisher sang a beautiful duet, "You can have a Song in your Heart", ) We hope you are listening to Amazing Grace at 9:15 on Sunday 'morning. Our church is helping support this radio programme and Rev. Mariano De Gangi is the speaker. } Mr. and Mrs. Joe Forsythe of Port Perry and Mrs. Jim Peddie of Whitby were visitors with Misses Hilda and Mary and Mr. Walter Hopkins recently. Mrs. W. Hopkins and Miss 'Mary Hopkins attended a ladies meeting at the home of Mrs. W. White of Balsam on. Thursday night when Mrs. W. Hopkins was the guest speaker. The sympathy of the community goes out to Mr. and Mrs. George Johnston in the death of Mrs. Johnston's grandmother, the late Mrs. Monroe of Epsom. Rev. and Mrs. Gary Fair- head of Wallaceburg visited with Mr. and Mrs. E. Heron one day last week. Mrs. Fairhead would be known to the people in the area as Miss Eleanor Varty, who taught school in Myrtle 24 years ago, and was an active worker in Burns' Church. Mr. and Mrs. E. Heron visited on Sunday with Mr. and Mrs. K. Reynolds of Aurora. ) Mr. and Mrs. Ross Batten enjoyed a weekend at Long Island recently. A very happy surprise party was held at the home of Mr. and Mrs. Art Mathews in the form of a baby shower, SOOOOOOOCOCCCCC | LOTO LUCK October 11 Get Your Tickets Now ------__s CCG CICIC CC ICICI CCIE CICICIICICIC. INVEST NOW! Victoria & Grey Trust Guaranteed Investments 10 FOR 5 YEARS -- INTEREST -- is payable half yearly or may be left to compound EMMERSON INSURANCE AGENCY | LIMITED 193 Queen St. Port Perry Phone 985-7306 to welcome the new baby son, '"'Samuel Aaron'. Miss Hilda Hopkins spent an over night visit with Mrs. Leola Fiss at the Ritchie home at Green River recent- ly, If you have any interesting news, would you please call 655-3740. Our thought for today is an old one, but worth thinking about...I had no shoes and complained, until I met a man who had no feet. Of interest to Holstein Breeders is the 2nd Annual Kawartha Klassic Consign- ment Sale to be held on Tuesday, October 12th, at 7:30 p.m., in.the Judging Coliseum, Peterborough Ex- hibition Grounds. Also, the East Central Ontario Holstein Champion- ship Show will be held on Wednesday, October 13th, at 9:30 a.m., in the Memorial Centre, Peterborough. The PORT PERRY STAR -- Wednesday, Oct. 6, 1976 -- 21 for Holstein breeders judge for this show will be Henry Bartel, Ellsworth, Wisconsin. A number of dairy cattle from this area will be partic- ipating in these events. THE ANTI-INFLATION PROGRAM Where we are After one year, the anti-inflation program is doing what it set out to do. The most important achievement has been the drop in the inflation rate. A year ago, consumer prices were rising at a rate of 10.6%. By August 1976, that rate of increase had dropped to 6.2%. This fall some unavoidable increases in energy costs and municipal taxes will affect the rate of inflation. In spite of this, the first year target of an inflation rate of no more than 8% will be met. Increases in all forms of income ---wages, salaries, fees, profits, dividends--are also being successfully restrained. On the average, prices have gone up less than wages this year. This means that most Canadians can cope a bit better, we have more buying power than we had before the program began. The goal of the second year of the anti- inflation program is to bring inflation down even further, to no more than 6%. This can be achieved only if increases in everything slow down together In our kind of market economy, prices have to be able to move up and down to some extent. But the anti-inflation program does put an effective restraint on prices by controlling profit margins. In the second year, the price and profit controls are being changed to make the rules simpler and to apply restraint more fairly among different companies. They also include important incentives to encourage the investments the country needs to make the economy grow and create new jobs for Canadians. New investment credits will make allowances for company profits re-invested to boost production and productivity. In the area of wages and salaries, the second year Guidelines limit increases to 6% as a protection against price increases, with 2% more added as a share of national productivity. fl Government Gouvernement of Canada du Canada and where we're going. This Guideline is designed to protect and improve the real income of working Canadians, while bringing down the rate of inflation. All governments are restraining their expenditures. The federal government is limiting growth in its own spending to keep it in line with the overall growth of the Canadian economy. This means that every day hard choices must be made to limit new programs and trim old ones. These choices are painful. But they have to be made if the government is to restrain its costs and avoid contributing to inflation. Nobody likes controls. Not the people whose private decisions are affected by them. And not the governments that have to enforce them. But controls were and are needed, to bring inflation down and to assure a growing economy. The program will be terminated by the end of 1978. Until it is ended, the government is committed to making sure the controls work hard to bring about a continuing reduction in the rate of inflation. Inflation has to be cut down to protect our personal buying power, our savings and pensions, and jobs for Canadians. If last year's spiral of rising prices and incomes had ~~ continued, Canadian-made products would soon be unable to compete in world markets. Imports could easily undercut goods produced and sold here at home. It's especially important for us to keep our prices and costs competitive with the United States, and on both counts the USS. is still doing better than we are. Finally, inflation also hurts investment. And when investment goes down, unemployment goes up. After a year of controls, inflation has come down. Progress has been made, in protecting Canadian jobs and improving Canada's well- being. The success of the anti-inflation program so far has depended a great deal on the co- operation of many Canadians. With continued co-operation, we can all look forward to sharing a more prosperous and growing economy. THE ANTI- | INFLATION PROGRAM A REVIEW YEAR ONE RE I a a To oma Be i Ee So oo as ~~ a _ - a A ol Po rary oe SA Ta ' [2 a LY » Ale we ' Cou oN LS Poa aga i, 2 he a eR es at TRL hae re oy Dn "Noah > oy FIRE Es we ESS ye > 3 % ey aay [SRT oa ore, TIO Aaa ae 2 STAN » SPR TR Er. ATE BA 3 Tas Ae A =