, s “Elections Morris who was questioned re- garding the construction of the new IWA Headquarters presently being built. Following the conclusion of the business, the members celebrated the successful year’s end for the Local Union by enjoying a social evening of beer, spirits, pop, cheese and crackers, cigarettes and cigars. Conciliation Board Financial Secretary, Vic Forster reports that the Conciliation Board’s majority decision on the dispute between the Local Union and the Vancouver Casket Com- pany, has been voted on by the members and the Board’s recom- mendations accepted. The recommendations are: The compulsory check-off; Boxing Day to be a paid statutory holiday (this brings their statutory holi- days to nine); three weeks vaca- tion after ten years; male rates to be increased the first year by l4c and the second year by 13c; female rates to be increased in the “Cloth-Room” by 6c’ the first year and 6c the second year; rates in the “Lining-Room” by 7c the first year and 7c the second Year, A starting rate of 10c per hour Jess than the regular rates is to be established for the first three months of employment. Pearl Hawley A special feature of this par- ticular Conciliation Board was that the Union’s nominee was Mrs. Pearl Hawley of the B.C. Federa- tion of Labour. This probably marks the first time a woman represented a Local Union on such a board, Should the Company reject the Board's recommendations a strike vote will be taken, stated Vic Forster. The polar bear is a powerful swimmer and has been seen swim- ming in the Arctic seas 30 miles from land. * * * Rattlesnakes get a new rattle every time they shed their skin, which is about three times a year. * * * Weasels are of considerable eco- nomic importance in the farmlands where they occur, Authorities esti- mate they kill millions of destruc- tive mice and rats each year. * ™ & ED GD EE ee eee Printers of THE B.C. LUMBER WORKER eS aoe, MISS “MAUREEN BUTLER, winner of the $300 scholarship provided on- nually by Local 1-80, IWA, Duncan, to the student gaining the highest marks in the government examinations, is seen here with Ed Linder, Finan- cial Secretary of Local 1-80, who presented her with the scholarship prize. Miss Butler is at present attending Victoria College in Victoria The world’s first air-rail credit card, issued jointly by Canada’s publicly-owned trans- portation systems, is now in use, the Trans-Canada Air Lines and Canadian National Railways announced recently. The credit card is designed to cover a wide range of domestic and international travel accom- modation, hotel facilities, tele- grams and express parcel ship- ments. The makes its holders “any other a spokes- wallet-size card easily accessible more services Canadian to than credit card, Canadians First With Air-Rail Credit Cards man said. Latest in an imposing fist of innovations which T.C.A. and CNR have designed to meet the wishes of Canadians, the joint credit card is a passport to plane and train accommodations, pack- age tours, cruises, flights. to the Caribbean, the United States, and Europe and ali the accompanying facilities of both public services. The move forecasts increasing co-operation, said the spokesman, between the two publicly-owned utilities to provide integrated! service to Canadians at the lowest possible prices. Many a homeowner has a hard time finding space to store the rich variety of tools and appliances that he gradually accumulates. Often, too, he has a hard time paying for them. To ease both problems manu- facturers have been coming up with multipurpose equipment in the past few years. There have been appliances that can adapt to blending, crushing, or grinding; tpowertools that drill, saw, and polish; garden equipment that cuts, tills, edges—and remaves snow. ‘ The latest of the thrifty trend is a combination lawn mower and outboard motor, made by the ACCO Power Products Diy. of New Westminster. CREDIT UNION DIRECTORY IWA Credit Unions and other Credit Unions supported by IWA Local Unions in B.C. Alberni District Credit Union, 209 Argyle Street, Port Alberni IWA 1-217 Savings, Broadway & Québec Streets, Vancouved 10 IWA (N.W.) Credit Union, Room 21, 774 Columbia Street, Local 1-118, IWA (Victoria), 904 Gordon Street, Victoria Chemainus & District Credit Union, Box 229, Chemainus Lake Cowichan and District Credit Union, Lake Cowichan, B.C. Courtenay Credit Union, Box 952 Courtenay Duncan & District Credit Union, Box 1717, Duncan Prince George & District, 1046 - 4th Avenue, Prince George ‘| WNenaimo & District Credit Union, 499 Wallace St., Nanaimo | Ledysmith & District Credit Union, Box 154 Ladysmith, B.C. Multipurpose Engine Is Money Saver — American Chain & Cable Co. For about $150, you get a standard propeller assembly, a rotary mow- ing unit, and a 2%-hp. gasoline engine that will supply power to either of them. You can switch the engine from one unit to the other in a few minutes, by a simple wrench - and - screwdriver operation. The whole package costs little more than a standard 3-hp. marine outboard motor. In tests, the ACCO outboard at- tachment has driven a 14-ft. skiff at from 4 mph. to 10 mph., de- pending on the load. That’s not fast enough for water skiing, but it’s fine for trolling and fishing, or bringing home a_ becalmed sailboat. LUMBER WORKER Loan Sharks Bilk Gullible Public When it comes to extracting money from other people’s wal- lets nobody is more skilful than the finance companies and the loan sharks. So says John Lenglet, research director for the Packinghouse Workers. In the latest edition of the Canadian Packinghouse Work- er, Mr. Lenglet analyses the short term loan business. Ads are appearing everywhere offering to lend $1,550 to $5,000 at “low interest rates,” without any bankable security necessary AND with “60 months to pay.” Pretty Good “Tt sounds pretty good,” writes Mr. Lenglet. But watch out! Fin- ance companies are not charitable organizations. Here’s how it works: A young man, about to be married, needed money for the down payment on a house. He and his bride-to-be went to a finance company which offered them a loan of $1,550, to be paid for in $30 monthly instal- ments over a period of five years. In less than three hours “Joe” had his down payment, but he had also signed a promissory note, a chattel mortgage on all he owned, and a second mortgage on _ his house. All Interest “What Joe didn’t know was that his payment of $30 a month, or $360 a year was all interest. At the end of the five-year term, he would still owe $1,550. The term of the loan was for five years, but nowhere did it say it would be paid off, as Joe assumed,” Mr. Lenglet said. In the end Joe had to pay back the loan, plus $1,800 in interest— a total of $3,350 on a loan of $1,550. Under the present laws, it’s all legal, according to Mr. Lenglet. The Small Loans Act sets interest rates for loan companies under $1,500. A finance company can charge 24 per cent on a $300 loan, 12 per cent between $500 and $1,000 and 6 per cent between $1,000 and $1,500. : The Act does not apply over $1,550. The field is wide open. Car Buying Buying a car on time can also lead to grief. Mr. Lenglet tells of a young man who had $300 as a down payment on a used Euro- pean sports car. The finance com- pany agreed to pay the remaining $1400 if it was paid back at $79 a month for 60 months. That sounded all right — but work it out! At the end of 5 years the finance company had received $5,040 for a $1,700 car. While “Mike” drives a used sports car, the finance company agent drives’ a new Cadillac. “Some people are gullible, some are unlucky,” con- cludes Mr. Lenglet. ‘Many Can- adians get into similar circum- stances because of sickness. -They have no choice. Where else could they get the money?” NEW MULTIPURPOSE MOTOR Symbol of Good Baking PRESH DAILY at your favourite food store GENERAL BAKERIES LIMITED Kingsway & Boundary Rd., Vancouver