Page 14 THE REVILW Local Resident Forms ‘Help End Inflation’ Association John Thornburgh questions our government's eagerness to tackle the tremendous problem . of inflation. But if there is one thing he is sure of; it is mankind’s greed. “We have it in our power to stop inTlation and the sooner we do it the easier it will be,” according to Thornburgh. His contribution to the effort, besides numerous letters to politicians, has been forming the Help) End Inflation Association, The Association began last year by a letter published.in the Colonist. Concerned people contacted the Thornburghs. A meeting was held and a few people joined together for the purpose of — influencing government and presenting a carefully thought out point of view to the general public. If anyone doubts the effects of inflation the Help End Inflation Association points out these figures: After 40 years of mild inflation, a dollar is worth one fourth of its former value. If inflation increases 10 per cent a year for 20° years, before the AIB the inflation remembering that: Government is where Thornburgh and the Help End Inflation Association direct their main attack but) con- summers who spend with borrowed money and labour who demand higher wages without regard) to overall productivity are far from blameless. Recently Thornburgh — as chairman of the Help End Inflation Association returned the family allowance cheque his family receives. Fle returned it) to) the prime minister's office with a letter volunteering to refund all the family allowance they received this year if ‘tyou (Prime Minister Trudeau) — can unequivocally assure us that the money will) be applied directly against the federal debt.”” ‘ Anyone who realizes how serious the problem of in- flation is, © Thornburgh requests, write void across their cheques and return them to the prime minister's office. He calculates 78 per cent of the people receiving the cheques do not really need them. If just returned — their cheques, the government would save one and a half billion dollars. According to Thornburgh’s — figures — that would) pay almost half the interest on the national debt for one year. Thornburgh — is — originally from the United States. It was when he moved to Canada, in 1973, that he became really concerned about inflation. He considers the States in a better economic situation for two main reasons. The American labour movement, is co- operating with restraint policies and the U.S. money supply is inereasing from between four and a half to seven percent while Canada’s increase is from eight to 12 per cent. At the same time productivity is increasing faster in the States. ; England is an example he uses of inflation gone wild. “One out of four people employed in Britain works for the government.’* — said Thornburgh. Productivity is severcly down. “We've got these people to get our productivity up and our prices down,” said Thornburgh. Ina letter to the prime minister in the spring he asked the government to show leadership to the country by ‘cutting high public salaries by 10 per cent as B.C.’s leaders have done,” Hurther he asked that wealthy public servants such as the Prime Minister himself forego their government salaries for a year as a show of personal restraint. The Prime Minister replied to the letter which included several suggestions but ignored any mention of either salary cuts or foregoing salary payments to wealthy members of parliament. “We have to convince our government we are personally concerned about inflation. It won't be until they realize we © want change that they will do something about this problem,” said Thornburgh. WEST SAANICH RD., across from the Brentwood Post Office WE RESERVE THE RIGHT TO LIMIT QUANTITIES WHILE STOCKS LAST )LOG Store Hours: daily 9 - 9, Sunday 10 - 9 G Prices Effective Dec. 2-5, 1976 rate was around 12 per cent and rising, a house costing $50,000 ‘today -will cost $2,200,000 with property tax December 11th of $33,000 a year and a Send someone flowers by wire medium-priced car will be this Christmas season. worth $32,000. Jerry P. We also ship Holly. The association readily For Holiday h ‘agrees salaries will be cnor- your own Holiday home we mous too, but doubts TR EGASKIS have a fine selection of retirement will be possible in such a situation. “Inflation is the disease of overspending and — greed.’’ according to the association. Big government is the worst offender, Poinsettias & Christmas plants, © for REGIONAL | BOARD DIRECTOR |: A SIDNEY RESIDENT Phone 652-2131 _ OF drop in to 7111 W. SAANICH RD. 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