CASTLEGAR NEWS

“THE €

Published Every Thuraday At
OF THE

AYS"

Castlegar, B.C.

Member:
Canadian Weckly
Newspapers Assn.

L. V. CAMPBELL
Editor and Pubilsher

Member:
B.C. Weckly Newspapers
Advertising Bureau

1 :
Subscription Rate: $3.00 per year — 35c month by carrier

Authorized as second class mail.

Post Office Department, Ottawa

CASTLEGAR NEWS, Thursday, September 3, 1959

PGE Parity Development Bonds
Keep Money in British Columbia

Five per cent ‘Pacific Great Eastern.

Railway parity development bonds went on
sale throughout B.C. Tuesday. We recom-
mend these bonds to our readers as a good
investment.

Since Premier Bennett’s Social Credit
government was elected in 1952, the PGE
has made steady progress towards becom-
ing an effective unit in our province’s tran-
sportation system. The railway that in 1952
started no where and ended no where now
stretches from Vancouver to Fort St. John
and Dawson Creek.

The Cariboo and Northland with such
magic names as Lillooet, Williams Lake,
Quesnel and Prince George are now joined
to the rest of B.C. by one of the world’s
most modern railway systems. And the day
is predicted when the PGE will push for-
ward into the Yukon and Alaska, opening
B.C.’s northern potential.to world markets.

PGE parity development bonds are
similar to Canada savings bonds. They will
always be worth their face value and will
be sold in $100, $500 and $1,000 denomina-
tions. They will be redeemable by the PGE
at any time at the holder's option. The pro-
vision “holder’s option” means that the
PGE cannot call the bonds ahead of time.

But though these bonds can be re-
deemed at face value at any time there will
be no accrual of interest between coupon
dates as there is with Canada savings
ponds. Interest, however, will be payable
four times a year on the bonds so that the
most interest that can be lost at .any
time if a holder redeems his bonds before
the quarterly interest date is the amount
which would accrue in a three-month per-
iod.

PGE parity development bonds, like
the bonds of private companies, the provin-
cial toll authority and the B.C. Power Com-
mission, will not be a-common stock invest-
ment in the railway but will be a loan jo it.
This means that unlike a shareholder in a
company who takes a chance that his shares
will go up or down or that the dividend rate
will change, the investor in PGE*bonds will
be like the person who buys bonds in a com-
pany. His bonds, as long as the company
remains solvent, will be worth their face
value plus a definite yearly interest.

There is nothing speculative about the
PGE bonds. They are guaranteed by the
province so that if the railway is unable
to redeem them at the holder's option or

‘We Don't Have fo

when they mature, the province will have
to do so. Since the PGE‘can do nothing but
benefit as the north begins to receive its
share of B.C.’s boom, it is very unlikely
that this will have to be done.

Mr. Bennett says the reason he didn’t
issue the PGE ,bond issue in eastern or
U.S. markets is that he wanted the resi-
dents of B.C. to gain financially from the
PGE’s expansion program. The interest
that would have normally been paid each
year outside the province will now be spent
here in B.C. when resident clip their cou-
pons every three months.

The~ new PGE parity development
bonds’ can be purchased through any B.C.
bank, trust company or leading investment
dealer. There is no limit to the amount a
person may purchase and they can Be
bought though payroll deduction plans.
They are well worth buying.

Naughty Premier

Premier Bennett last week made a
foolish and move. He
ed that in October the provincial govern-
ment will stop making payroll deductions
for civil servants who want to buy Canada
savings bonds by this method.

Instead, the government will offer
payroll deductions for those who wish to
buy the new 5 per cent parity bonds of the
B.C.-owned Pacific Great Eastern Railway

Fundamentally, as the above editorial
shows, there is no difference between Can-
ada savings bonds and. the PGE bonds. But
there is one important difference, and that
is that PGE bonds will be three-year bonds
while Canada savings bonds mature a great
number of years later than this.

Many civil servants have children in
elementary schools and are saving through
Canada savings bonds so that they’ll be
able to help their children attend college in
seven or 10 years time. Others are saving
to buy homes that they'll only be able to
afford a decade or so hence. .

By stopping payroll deductions in the
civil service for Ganada savings bonds the
Premier has made it more difficult for civil
servants to buy long-term bonds. PGE
bonds would have commended themselves
to civil servants.on their own merits. It
wasn’t necessary to make it difficult for
civil servants to buy the longer-term ,Can-
ada savings bonds. ~ F

Publish Letters

There seems to be some
standing about letters to the editor.

Many persons are under the impres-
sion that editors cannot, or shouldn’t refuse
to publish let‘ers to the editor. However
letters, like news stories, are subjéct to the
editor’s requirements for good taste and
the laws of libel and contempt of court.

The Castlegar News had an instance
of this las: week when it Tefused to publish
a letter from a writer in Vancouver com-
menting on a person who had been in court
in Castlegar a few weeks ago on a charge
of assault. i

We refused to publish the letter be-
cause it not only was actionable, it was
libelous. The man’s character had been
found by the magistrate to be the complete
antithesis of what the letter-writer charged
is.to be. .

A newspaper is a private undertaking
and though it circulates among the public
it ig not a public affair, so that irate read-
ers cannot demand that the paper publish
their letters or any other item they may
submit for publication, either in whole or
in part.

Perhaps the Prince George motorist
who was annoyed because he was given a
ticket for over-pazking and went into the

local paper and inserted a $16 adver-
tisement saying “Prince George you are
strictly bush league,” had the right idea of
the use of the press.

He might have addressed a letter to
the editor on the subject, but he asked no
favors—he paid for what he had to say.
However, even advertisements must not
be unfair, libelous or offend good taste or
they will be refused.

From this it is quite clear that free-
dom of the press includes the right not to
print. This is logical, for a newspaper
would not be free if it had to-publish all
that was sent to it. Freedom of the press
also includes freedom of choice for it
would be impossible to print all.the news
in the ordinary newspaper.

This necessity for choice sometimes
means that news is left out of the newpaper
and this leads to the belief by some people
that newspapers exercise some kind of cen-
sorship over news. Nothing could be furth
er.from the truth. There are only two
things which count with. editors: will an
item interest their readers and will ther:
be room for. it. : a

-When.a reader's letter is interesting
and without malice the Castlegar News will
gladly publish it. It is up to the. writer to
make it conform.

TIMELESS
TOPICS

By REV. R. H. PRATT

This year on our holi-
days we drove into strange
country. The roads were un-
known to us but thanks to
the help of a road map we
made out very well.

The few short years of
our life are something like
this strange country, and in
order that we might pass
safely through this country
we need something like a
road map from which we can
get the best possible gui-
dance that ‘is available. .

It is the testimony of
generations of Christian
people that the bible is this
road map. It tells us all about
safe highways and also has a
word to say about danger-
ous roads.

The first psalm puts it
this way:

“Blessed is the man that
walketh not in the counsel of
the ungodly, nor standeth in
the way of sinners, nor sit-
teth in the seat of the scorn-
ful. But his delight is in the
law of the Lord; and his law
doth he meditate day and
night.

“And he shall be like a
tree planted by the rivers of
water, that bringeth forth
his fruit in season; his leaf
also ‘shall not wither; and
whatsoever he doeth shall
prosper.”

Buil

IT’S ALMOST TIME TO HAVE THE

FURNACE

IN FACT A LITTLE HEAT IN. THE MORNING FEELS
MIGHTY GOOD RIGHT NOW!

ON

Have you a furnace problem!

See.Us Right Away For :
GAS OR OIL FURNACES

REASONABLY PRICED — WORK GUARANTEED

FOR PLUMBING & HEATING CALL THE

CASTLEGAR

ding Supply

FRONT ST. — PHONE 2161.

McCORMICK BISCUITS

114 Ib. pkey .- eee e eee eee M96

Nabob Coffee,
Ib.

Giant Tide,
- box

6/c

120z.,2for..........---... le

6c

DR. BALLARDS CHAMPION DOG AND
CAT FOOD, FOR ............ 49¢

Jacks]
4 Cn MC

GROCERIES
\MEATS |

3rd at Maple —-PRone 4201 — We Deliver

We Reserve The Right To Limit Quantity

nC

TTTTTTOTOOOOOOMt«i Ii TTT tT:iTtT ttt srt: te

(ANG

SPECIALS EFFECTIVE
SEPTEMBER 4-5

PULLET EGGS, 2doz. .......... 61

BOILING FOWL,

FRESH KILLED, Ib., ........--. 28¢-

GROUND BEEF,

2 Uhsiy -.e-cereeecee cee epaee BS

VEAL ROAST,

SHOULDER, ib., ....-.-..+-..+ 49¢

RIB ROAST, —

STANDING, Ib., veenedeceeeess 696

OPEN MONDAY MORNINGS.

KINDERGARTEN

‘Will Re-Open on Monday, September 14th

n L
¥ F

Registration on Th 10th from

9:30 aan. To 11:30 a.m, and 2:00 pri to 4:00
p.m, At United Church Hall, 4th Ave. Castlegar.

MRS. C. RIVERS PHONE 6461

CH, King, secretary-treasur-
er for School District No. 9, has
announced the teaching position.
that new teachers to th> District
will hold, |
- Mrs. Mary Beynon from
Cranbrook will teach French at
the high school. Miss Ann Hay-
man and Miss Margaret Ann Mac-
askill, both from Scotland, will
teach general subjects in the jun-
for high, 5

. dames H, Crawford’ of Sims,
will teach

King Announces Positions
For New District Teachers

. Miss Carol Todd of Revel-
stoke will teach grates three
and four at Valley Vista and

Robson Secials

Mrs, Johnson, Phone 5165

David Adshead, son of Mr,
and Mrs, D, Adshead, left by bus
Jost week ‘for Vancouver where
he will report at the army depot
to begin his apprenticeship with
the, Royal C i

Mrs, D. A. Dunn of
Man., will teach grades four,
five and six at: the Renata
school, ;

Mrs, H. G. McNichol has
been appointed relieving teacher
for Kinnaird elementary school
principal H. Bates:. Mrs, Rudy
Martini will ke relieving teacher
for Castlegar elementary school

SMORGASBORD

LABOUR DAY — SEPT. 7, 1959
FROM 4.00 P.M. TO 8.00 P.M.

ADULTS $2.00 CHLD, 12:& UNDER $1.25

CASTLEGAR DINING ROOM

CASTLEGAR HOTEL

MUSIC STUDIO OPENING

ENROLL NOW FOR MUSIC LESSONS ON

PIANO ACCORDION -
GUITAR & PIANO

ACCORDIANS AND GUITARS AVAILABLE
FOR RENT

REGISTER ON SEPT. 17th
3:00 P.M. TO 7:00 P.M.
AT
MARLANE HOTEL BANQUET ROOM

at SHHS, Miss Joan Biddle of
Victoria will teach girls’ PE and
math, Mr, and Mes, A. K. Lund

J. H, Corbett and-Mrs,
Gladys H. Thorp will be relieving
teacher for Brilliant elementary
principal H. Hyson,

from whl
in English.

‘Mr. and Mrs, Lund have just
returned from a year's stay in
Norway. While at Vancouver, Mr.
Lund was a ski instructor at
Hollyburn ski club,

John Norris of Vancouver,
who once taught in Nelson will
occupy a position at the high
school, Miss Valerie Williamson
of Vancouver will teach girls’ PE,

Miss Elsie Jackson from Trail
will teach grade one at the Twin
Rivers School. Mrs, N, Andrea-
ehuk will move from the Valley
Vista elementary school in Kin-
naird to teach grade one at the
Twin Rivers school, 2

Miss Joanne Dunlop, a Cas-
tlegar resident who taught at
Creston last year, will teach at
the Castlegar elementary. David
J. Mason from Salmo will teach’
at the Kinnaird elementary
school. Mrs. Bernice Fisher of
Rossland will teach grades one
and two at Valley Vista.

'. August Very Busy
For Village Crews

Twenty-two loads of top soil
were hauled for .village boule-
vards during August works sup-
ervisor Norman McNabb told the
regular meeting of the Castlegar
council Tuesday night. :
In addition, 68 loads of grav-
el were put on streets and alleys,
the sidewalk on Sth Ave, was
completed, seven new water con-
nections were made, five new
stop signs were installed and
three old ones replaced, four days
were spent grading streets and a

Brewed inthe Kootenays
to Kootenay tastes .—

vase

This ii i or disp! by the Liquor
Control Board or by the of British C

Jane was constructed on the

Increased Free Hours
For Deer Park Ferry

The hours for free trips on
the ferry between Renata and
Deer Park may be increased
next year,

Donald Brothers, MLA for
Rossland-Trail,.sald this week
that he had received u

Mr, ad Mrs. David Stewart
and famlly of Nakusp visited the
former's parents, Mr. and Mrs,
D. Stewart, Sr., for a ‘day or two,

Mr,’ and Mrs. D. Dundan of
Trail visited. friends here last
week.

Mrs, F. Giraud and two
children arrived home Saturday
from Fort Fraser where they vis-
ited for a few weeks, Mrs, Gir-
aud was accompanied by her
niece and nephew, Louise and
Don Burns of Quesnel, who will
visit with them for a few days,

Mrs, W. T. Waldie motored
to Spokane last Thursday where
she spent a few days with her
sonin-law and: daughter, Mr, and
Mrs. C, Loveland and family,

Recent guests at the home of
Mr. and Mrs, F. Giraud were the
formers’ brother-in-law and sis.

Smithers
; ‘Mr. and Mrs, A. Honchar, Sr.

complaints from Renata resid-
ents about the free hours on
the ferry. After 7 p.m. there is
a $1 charge for vehicles using
the ferry. i

He said many fruit growers
et Renata had complained thut
the only time they can haul
their fruit to market Is in the
evenings after they get home
from their regular jobs, The
$1 ferry, charge adds i

of V of Rob-
son, visited friends and relations
here recently,

J. D, Scott, who was a pat-
dent in the Castlegarr and District
Hospital. for, the past week is
now home again,

‘The members of the Evening
Group WA held a special meeting
at the home of Mrs. P, Jolly
ahueeney. evening. President. Mxs,

ably to their expenses for the
shipping of fruit,

Highways Minister Gaglardi
has advised Mr. Brothers that

it is too Iate in.the season to| cl

remedy the situation this year,
but that he feels It will be pus-
sible to extend the free service
In 1960,

Four Traffic Tickets
-Issued In August -

Four traffic tickets were is-
sued in Castegar during August.
One was issued for running
over a fire hose, one for being)
improperly parked, and two were

. ‘and 10
members and two visitors were
Present, Mrs, Schuepfer welcom-
ed the guests and hoped that they
would have a good time. At the
lose of the evening delicious re-
freshments were served by the
hostess. The evening's booster
prize was won by Mrs, H, Kem-
perman.

Guests at the home of Mrs.
D, Magee over the weekend were
her son and daughter-in-law and
family, Mr. and Mrs. Bob Magee
of Trail. ;

Guests of Mr. and Mrs. H.
Johnson for a few days were their
daughter, Mrs. Lili Taylor, Ran-
dy and Bonnie of Victoria, and
Mrs. George Eastcott and Wayne,

. Mrs, E. Piper of Harrop and
Mrs. B. McLeod of Ladysmith are

issued for parking over the post-
ed two-hour limit.

visiting Mrs, D.'Magee for a
week or two,

ter, Mr, and Mrs, T. Price of |-

UG

3

~
Pe}
=

5
SY

H.M.—that’s Heating Measurement—
the aum of all the factors that affect the
heating needs of your home. :

» ‘Whatever the size or layout of your home,

. there’s an Esso Oil Heating unit which fits that
measurement exactly—and in combination
with Esso Furnace Oil, it is your guarantee of
gure, safe, oil-heat comfort.

Esso Heating Equipment is guaranteed by
Imperial Oil and your Esso Heating Equipment
dealer will gladly arrange easy budget terms—
up to five years to pay. Call him today—

‘ask about the new, low-cost—but fully guaranteed
—Esso G-96 Furnace.

-IMPERIAL

ALWAYS LOOK TO UMPERIAL FOR THE BEST

SMITH'S Plumbing & Heating

ao Mr...

that the Bloomer Creek manholes
be installed, that more catch bas-
ins be installed in the village, and
that the water line on 2nd Ave.
be lowered. : :

He also suggested that the

d

fe
ed with in front of the Palette
and that a pump house be con-
structed at the site of.the new
well, ‘

me
J oxy

dreams come true,
easy for mommy
and for me, too,
=

snarl-free curls,
no nightly
_pin-ups for Iittie girls,

“Only
permanent
apeciolly
made for
+ dhildren
21012

CASTLEGAR
DRUG

PHONE 3401

’ We have a complete

line of school supplies

in stock — Shop now while the present

B stocks last.

GOOXIES; Choc. Chips, 1 Ib. pkg. .... 49.

or2 for.... 95¢°

TEA BAGS, Tenderleaf, G0’s ........ 79¢
“CHEESE, 2 Ib, Velveeta ’......... $1.19
FRUIT PUNGH, 16 oz, Nully Club,

‘ or

1 LB. WIENERS,

{ Doz. HOT DOG BUNS, BOTH FOR . 63c

POP, all flaveu
plu:

rs, percin. ......-.. 39¢
s depdsit on bottles

| SUGAR, 100 bag, $9.59

STARTING TUESDAY WE WILL HAVE A DELIVE RY SERVICE DAILY AT 2:30 P.M
WE ARE NOW, OPEN UNTIL 9.00 FRIDAY NIGHTS

Castile

=

‘" PHONE 2681

Easy Washing Machine
WATER PUMP ® AUTO TIMER
‘ _ DELUXE MODEL

Regular ........ $239.00

‘Special this week $199.99

FAB SOAP POWDER, King Sizo ... $1.29
CIGARETTES, all brands per ein. .. $3.25
TOMATOES, 14 oz. cin. .......... 286
SAUSAGES, Ib., small links ....... 43¢
GHEESE, Ib. Cherry Hill........... 65¢
GARLIC RINGS, Ib. .............. 496

STEAKS, He,

T-Bone, Club ib. 79c |

gar Co-op

CORNER RINE and 4th AVENUE