April 1959
Transcription
April 1959
UNIONIST APRIL, 1959 - VOL. XVII., Mo. S Published in Vancouver, B.C. ver Picture .............. .... 6 ound The Province .... 8-9 y-High Pies .............. 13 ....- - - - - - - - - - - - - - - - - - - - - - - - •: pie Enough ................ 5 • - - - - - -.. OFFICIAL PUBLICATION OF THE B.C . CREDIT UNION LEAGUE _,,.·...······· ,~~.....~.... ··.. ./··~. \·. '.;·~--~ ~· .: ··.........··.· Don't Be Uninsured Do Act Now Obtain Your Auto or Fire Insurance From Your "Obviously, so long as the need for credit union service is a universal need, the numher CO-OPERATIVE FIRE & CASUALTY COMPANY Fair & Competitive Rates in All Lines AUTOMOBILE PERSONAL PROPERTY FLOATER COMPREHENSIVE PERSONAL LIABILITY COMPREHENSIVE PACKAGE PLAN HOUSEHOLDER'S POLICIES CO-OPERATIVE FIRE & CASUALTY COMPANY I credit unions must increase until this need is met. It is a safe assumption that a hundred ':,,;mon men, w~men an~ children . .. . u:ould be befter off if they belonged to a credit niotJ. It is our 1ob to brmg the credit union to them. ' ROY F. BERGENGREN, FIRST MANAGING DIRECTOR OF THE CREDIT UNION NATIONAL ASSOCIATION. Have we come to the point where we can rest on our laurels and say "We've one a good job"? We have done a good job. Let's not underestimate ourselves. The credit union story is a story of unparalleled growth and activity. But as long as there are people anywhere in the world who are struggling against debt and privation, who are paying exho~bitant rates of interest to money-lende~s-we have not done enough. Since time began there have always been "shck operators" who have been quick to take advantage of the misery of their fellow men to line their own pockets. Emergencies arise, and the average low salaried worker is not equipped, financially, to deal with them. He needs money and he needs it fast. This is where the moneylender steps in. Anything up to the debtor's immortal soul is fair security, and is quickly snatched up if the debtor falls behind in his payments. At this point, may we say that we are not casting aspersions on banks and reputable lending agencies. Their interest rates are set by the government, and are air. But they are in business to make money, naturally, and they demand negotiable security. And, in most cases, their loans are not protected by insurance, as are credit union loans. The credit union is a member-owned savings and loan association. It is not business to make money, but to provide service to its members, and to teach em how to manage their own financial affairs so that financial security becomes a reality, not a nebulous dream. There are still millions of people to whom it is still a dream. Until we can bring that dream to reality, we have not finished the job. We are big, but not big enough. THE 2475 Manitoba (at Broadway) New Phone - TRinity 9-5341-2-3 OTHER OFFICES-CLOVERDALE, COU'RTENAY, NANAIMO, VICTORIA, PORT ALBERNI & PRINCE RUPERT. =================================• 2 B.C. CRED IT UNIONIST - e.c. CREDIT UNIONIST Official organ o f the B.C. Credit U nion League, published monthly. Office, 96 East Broadway, Vancouver 10, B.C. Managing Editor, Jean Haynes; Makeup Editor, Mary Maharg; Editorial Board St aff Writers, Cy Harding and E velyn Bo urchier. Advenising rates on application to the League. Authorized as Seco nd Class Mail by the Po st Office Dept .. Ottawa. APRIL, 1 B.C. CREDIT U NION LEAG UE: A non-profit organiza tion composed o f affil iated credit unions formed to. organize and assist credit unions. A. R . Glen, President ; J . P. Lundie, F irst Vice-President ; R. F . W11!1ams, Second Vice-President. Managing Director, R. A . Mo nrufet . B.C . Central Credit U nion: A credit union whic h serves c redit unions and cooperative orga n izat ions. Manager, J. R . R obinson. - CU & C Health Services Society: A medical plan serving citizens of British Columbia with comprehensive coverage for medical and surgical services. Manager, J. H . Corsbie. Telephone TR. 6-5521 fo r all organizations, or staff. B.C. CREDIT UN IONIST - APR IL, 1959 3 7Ae ~tCl''J 8eAin4 7~e ~t11tiJticJ Your credit union bas completed another successful year. Membership is up, so are assets, .shares and loans outstanding. A very nice dividend has been declared. You have elected an excellent slate of officers- enthusiastic volunteer workers who are willing to accept the responsibi lities of their o ffice and give of t heir time and effort to make the coming year another successful one. You're pretty happy about your credit union-it's doing a good job for you and the other members-statistics prove it. Do you base your opinion of the credit un ion just on the figu res in the ledger? Do you think of it as just another fi nancial institution·-doing a good job, of course, but a job that could be done just as well by a bank or a small loan company? Let's take a look at the stories behind the statistics-the warm, human stories that point up the difference between the credit union and any other savings and loan association. JOHN DOE Take the story of John Doe, for instance. "John Doe" isn't his name but it will do for the purpose of this story. John wasn't what you might call a "good financia l risk." He was a good mecha nic but a poor businessman and he had got himself into a pretty bad fina ncial mess. He found himself making payments, not only on his house, but on a car, refrigerator, TV set, dancing lessons for his daughters, sports equipment for his son. Sometimes it seemed to him that he owed everyone in town. His salary was mortgaged before he ever received it. He took his troubles to the Finance Committee of his credit union. T hey made a list of his debts and arranged for a loan to cover all he owed, so that John had on ly one payment to make, at a low interest rate, instead of a dozen every month, complicated by carrying charges, The Warm Facts Behind the Cold Figures SIMPLE ENOUGH! high interest rates, etc. Then they·~·~l~~~~ll Perhaps the most com pact definition down and f igured o ut a good sound of a credit union is the o ne below, whose get for John to fo llow- a budget origin has Jong since been lost in the would not only permit him to pay mists of time. debts in a reasonable length of t ime, a llow him to save a small amount e ~~~~~~~~~ ~IQ,~~~~~~~ ~~@~~~~~«i )~~~~~~~~~ ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~ What other financial inst itution w I~ month. care enough about John to take time he lp him solve his money proble·mli'<W#1~=: ~~~~~ What other financial institution w When a group of people obtain a @~~ have loaned him a considerable sum money with no tangible security? ~~~~~~~~§ credit union charter, this is what they do: '!.<:~~~~~~~~ credit union committee knew JobnPut their money as shares into a common fund, and of them had worked with him for ye They knew he was basically honest Elect some of the members as direc- ~ffl~~~~~~~ would pay his debts if given a cha , tors to manage the fund , and What other financial instit ution w ~~~~~~~~~ Lend money to each other from the ~~~~~~~~~ know John's character, or care? They ~ fund , and interested in security, not character. Charge interest for the use of that RICHARD ROE money, and ~~~~u,t:,~~~~ Then there was the case of-well, I With the in terest (which is call him Richard Roe. Richard's son, union income) they brillia nt student, had just graduated fr high school. He wanted to go on to Pay the cost of running the versity, and Richard was anxious that union, and should-he didn't want to see the Keep enough in a reserve for bad ~~~m~\%~~~ bogged down in a med iocre job as be loans, and been, through lack of educational adv Distribute the remainder of the earntages. But where was the money to c from? ings to members as dividends and in- ~~m~~~~ terest refunds. The money_came from the credit un and Richard's son is well on the way a brilliant career. Would any other fin cial institution have taken a chance such an intangible asset as a boy's brai These are just two stories out of h dreds. They are the stories that tell story of the credit union-the hu story of a human savings and loan a ciation. 4 B.C. CREDIT UNION IST - APRIL, 1 5 Photography '~/'CUltt/ and t~e Your Pet Photographing pets can bring wonderfully satisfying results, or something quite the opposite. The wrong way is to let Junior swoop up the animal and clutch him tightly while you snap. You won't get a real picture of your pet this way. You want a picture that shows him as his natural self. This may take a little patience but you will find it is worth it. As a preliminary, have your camera loaded and in some handy spot where you can reach it quickly. Then you will be ready when a good picture opportunity arises. When Tabby is stretched out at her most impressive in the forbidden chair, you can take her picture first and scold her afterwards. In the same way you can catch Fido's eager pose as he waits at the door for the master to come home. · A good way to keep a young animal where you want him is to use a dish of food. You can select your came ra angle, focus, and snap at your leisure while the pup or kitten laps a bowl of milk. You will have a true-to-life action pose too. If you just can't m ake your pet stay long enough for a quick snap, or if you are not sure of your a bility to take a picture of him in motion, why not sneak up on him when he is sleeping and catch him then. A sleeping pup or kitten has the same look of appealing defenselessness as a sleeping baby. It's a picture that can't miss. If you are using a simple fixed focus camera, you will be more sure of your results if you utilize one of these m ethods. If you have an adjustable camera, s et the shutter at 1/200 and open the stop proportionately according to the light conditions. With this setting you can get a good picture even if the animal is moving. q-lt6e" Another important factor is came angle. If you are taking a picture of small animal and shoot down on hi from a bove, the effect will be disappoi ing . It is better to crouch low and bri the camera into line with h is body. W photogra phing a larger pet, such as horse, you may have to go to the ot extreme and stand on a low chair to ta in the best camera angle. Study y subject in the camera viewfinder to de mine the best vantage point bef making your snapshot. ~ ~ Nova Scotia Asks For Quarterly Dividends HALIFAX-Provincial Secretar y G. Smith has introduced into the N ova cotia legislature an . ame~dment ~o the Credit Union Act which will permit payment of dividends on shares held at the end of any quarter of a cr edit union's year. The existing act p ermits p ayment of dividends only o n shares held at September 30. * * * How To Avoid Creditors Move to South America . . . Wear <lark glasses and a bea rd-Paint your 7ar a differen t color a nd park 1t o:i a side street-have your phone removed and buy a big dog-Report yourse.l f missing 10 the Police D epartment- List yourself in the Obituary Column- If these don't rk-see your credit union and solve ur problem the easier way. * * * Loss Ratio .Ii.!!' Size is emphasized by contrast w something in the environment wh dimensions are recognized. One pose t has been taken repeatedly is a tiny in a shoe. This picture is popular b eca we all know the approximate size of shoe and realize that a pup must be v small to fit inside one. A kitten on palm of someone's hand will tell same story. $12, 197 .52 is the total charge-off on loans amounting to $44,858, 11 8.83 made by the City a nd Country employees Credit Union of St. P aul, Minnesota, since its founding in 1927. The average savings per member at the end of 1958 was $1 ,213 .05; the average persona l loan balance, $824.75. If you figure out that loss ratio on a percentage basis, you will find they have a repayment record of 99.973 %, which makes their borrowers purer tha n Ivory soap, if you know what I mean. 1,532 Credit Unions Organized in 1958 M A DISO N- Final repo rts on organization of c redit unions in 1958 show 1,532 c redit unio ns formed lase year . In D ecem ber 107 were started . In 1957, new credit unio ns to taled 1.555. * * * Want to Rent an Overcoat? " Frenchy" Doublet appeared in the cold clima te of Wisconsin recently with a very nice overcoat, and told of an in teresti ng busi ness in the Islands- that of rent ing o verco ats to people who leave the Is lands to come to the mainland during che winter m onths. O f course, no one needs an overcoat in the H awai ia n I slands, a nd the expense of buying one for a trip is r ather heavy- so a business has been established in th e Isla nds of renting coats for the trip-and the cost is $10 per trip . * * * British Honduras Helping Springhill Families BELIZE British Honduras cred it union people donated $67 .58 th is week for the Springhill (Nova Scotia) mine disaste r relief fund . * * * Eight Hundred Homes Bought Through Credit Union Loans! As an exam ple of h ow a credit union operates, John M. Homer, o f the Ontario C.U . League, to ld the North Bay organizational meeting a bout the H amilto n Emp loyees C redit Union, o f which he is president. He .said there are 3,500 members, a total of $300,000 in mor tgages is on loa n, and more than 800 hom es have been bought a nd paid for with credit un ion money . 6 B.C. CREDIT UNIONIST - APRIL, I BC. CREDIT UNION IST - APR IL, 1959 7 A,.cuttt/ t~e p,.cllihce OldFashioned "B ee " POWELL RIVER: One of the proj listed in their annual expenses was amount of $235.13 for the Cente Map Project. Their annual report bor1 F ·ends and relatives joined in an oldhandsome picture of Walter Cavana n · b ee" wit · h t h e exe"working f ~ h·oned . and Father Leo Hobson on the cover · I e staff, and committee mem bers o f CUllV • • h , C d' commemorating the first President, Gulf and Fraser .Fis ermen s re 1t the good Father who contributed Union on the evening of March l 0. Th~y much to the growth of the Credit Uni ed stapled and prepared for mailasse mbl • . 'h d in 2000-odd copies of GAFF s an C A M P B E L L RIVER: Certifica ~e, blul'.-bound Annual Report for were presented to charter members at eir annual meeting March 20. annual meeting. Assets jumped fr Taking part in the "bee" were: Joe a?d 155,000 to 590,000 in a year. Mrs. Corsbie, Agnes and May Sabm, SAANICH PENINSULA: Ten y Lawrence Doving, Iris Hill, ~orothy existence brought $200,000 in assets Timmins, Harold and Mrs. Chnstenson, the V.I. Credit Union. Children b Oha Waage, Carl Liden, Clem PID?ipso.n, piled up $13,783 in their accounts s· Olaf Bjorge, Estella Gorden, Lydia Cairthe school savings program was start ney, Leo Holthe, and Marcus Peterson. Refreshments were served after the TERRACE: A pie auction with work was finished. highest bidder putting the amount into his savings account was highlight the record annual meeting here. R. A. Monrufet g;ving report to the meeting. J. H. Corsbie of Gulf & Fishermen's Credit Union was elected President. KAIEN CONSUMERS: Prince pert. Endowment shares jumped fr $73,000 to $188,000. Total loans si incorporation: more than two million. One of the many Workshop groups. --- o use ' F Under the guidance of Monoger Clif Bennett the Co-op Union held a successful conference in the Hotel Astor. 8 KIMBERLEY: $35,000 · in accou with the credit union have been stack up by student members of the Kimbe Credit Union. With 1121 members, club won the provincial School Savin Trophy for 1957. A $300 scholarship set up. GRAND FORKS: In a smart ann meeting report on glossy paper Gr Forks went back over its credit un' history. "Business was transacted o the bake shop counter," they say. "La when Joe Watson went to work at Wo land's Drug Store loans and shares w dispensed and received along with pills and powders." A long cry from the new build' opened in 1955, now too small for ficient operation. B.C. CREDIT UNIONIST - VANCOUVER: Out of a predominately male credit union in the employees of the Vancouver School Board (V.S.B.) there were just as many ladies as men present at the annual meeti.ng, and ~hey ook their fair share of askmg quest10ns d discussing the reports-every o·ne of which drew questions. Both the President J . P . Lundie, and Vice President Burnham went home doubly happy after reporting growth of $54,000 in assets, and winning two of the door prizes. And the ladies? Their refreshments served following the meeting drew delighted comments from the men. Mrs Edith Christie, post president, congratulating Ed Spencer, newly elected president of the North Coast C.hopter, and Fronk Douglas, secretory-treasurer of the Chapter. Following the monthly meeting, Mr. Henry Klassen of Edelweiss enjoyed a joke with Miss Kay Bach, assistant treasurer. VANCOUVER: Six dozen cans of salmon had been donated for the annual meeting of the Grandview Vets. Following Frank Humphrey's talk members sat down to bingo, and netted themselves the salmon, on " two anyway" "ups and across" and "full cards". B.C. CREDIT UN IONIST - APRIL, 1959 9 HOLIDAYS COMING UP! Swap wo~ries and fatigue for peaceful cam h.ohday this summer. Quiet dustfree ca site at secluded beach. Excellent swimm for all ages. Open May to September Brown, Heron Rocks Campsite, Ho; Island, B.C. SHOP and * J. H. Corsbie New Manager For Health Services The appointment of Mr. Joseph H. Corsbie as Manager of the CU&C Health Services, effective immediotely, was announced by Mr. Howard Hunter, President of the Society, recently. * FO.R SALE or trade for TV set, 750 hgbt plant six watt push-button start' Also have '53 Ford Custom car r Box 376, Armstrong, B.C. Mr. Corsbie, Manager of Gulf & Fraser Fishermen's Credit Union for the past eight yeors, brings experience in both the Credit Union and Co-operative movement to his new position. * FOR . SALE 1945 Model 37 foot H Trailer, 4 wheel brakes, tows beautif Modem th~oughout, three rooms ba!hroom wuh shower. In good conditi Will sell for $2,600-no less. Can be at Dawson & Wades Camp, Spuzz B.C., Mr.. Dunn, or contact Van. R' mond Savmgs C.U. ' LA WNCUTTING TIME IS HERE. Reconditioned ~axwell Eighteen inch reel type mower with four cycle Iron-horse gasoline motor. Will sell for $45.00. Telephone AM 6-2042 evenings. Brought up in the Peace River District, which he represented for one term in the B. C. Legislature , Mr. Corsbie served with the R.C.A. F. during t he Second World War. He is Past President of the League, VicePresident of the B.C. Centra I, elected President at the 1959 annual Conference of the B.C. Co-operative Union. IF you wont to SWAP, SELL or BUY send Yo ad copy (maximum 25 words) and $ 1.00 Advertising Oept., B.C. Credit Union Leag 96 £. Broadway, Vancouver 10, B.C. Oeadli 12th. A resident of Vancouver since 1951 , he is married, with two children. J. H. CORSBIE RUN YOUR CAR WITHOUT SPARK PLUGS Yes - this revolutionary new FIRE INJECTION SYSTEM · t 11 d · 15 · st d 1· · ins a e 1n minutes mu e tver maximum power and economy WITHOUT CHANGING TO HIGH PRICED' PREMIUM GAS - must g· .t 31 H · 'f ive you up o more .P., 8 more miles per gallon for the 1 h elNofSUyoRuArNcCorE. . . .Nyou ore completely protected by our unprecedented GUARANTEE - I DE1MNITY. 206 Carroll St., Va.ncouver 4, B.C. - Yes, I want new pep, power and performance from my automobile! P lease send me: I I I I I I I I I 0 One matched set of 4 SA FIRE INJECTORS for $7.16 0 0 One matched set of 6 SA FIRE JNJECTORS for $10.74 0 Single SA FIRE INJECTOR (Number...................) at $1.79 eac h One matched set of R SA FIRE INJECTORS for $14.32 My car is..... .................................. (Make)...................................(Year) .. (Model)...................(Number of CyHnders) Encl~sed is the full price for my new SA FIRE INJECTION SYSTEM. I understand that though J pay m advance, all terms of this offer and guarantee apply. (Please include 5% Tax.) NAME ADDRESS ..... . CITY ............... . L __ _ 10 MU 2-2040 - - - - - - -- - - - - - I- -··-· ··················································· ·························································· .. ZONE ...............PROV ........... . ---B.C. CREDIT UNIONIST - MANY URGE VOLUNTARY HELP FOR WORLD C. & G. AGENCIES LTD. R•mlttaoce enclosed: .......0 Check 0 M.O. .....0 Cash APRIL, 19 " We are confident," said Mr. Hunter, "that Mr. Corsbie's abilities certainly qualify him for the exacting job of managing our evergrowing society." EXTENSION OF A number of cred it union leaders attending the quarterly CUNA Meetings '1 Washington, D.C. in February made ggestions for voluntary fund raising to assist CU NA 's World Extension program. It was recognized that the worldwide need for credit unions is urgent, and the cost of assistance is· so great, that CUNA dues income could not be expected to meet the demands. Among the proposals made were a dollar-per-member drive during the Credit Union Anniversary Year, and league drives for donations of a percentage of credit union assets added to regular league dues. "l think our people should know th at, while CUNA cannot solicit funds other t~an dues without th e permission of the directors, voluntary contributions are gratefully accepted," said M. A. Pottiger B.C. CRED IT UNIONIST - APRIL, 1959 CREDIT UNIONS of Pennsylvania. British Columbia credit unions observed March as World Extension Month and a lready more than $1,000 has been contrib uted to assist in credit union development in other lands. Illinois C redit Union League, which originated the World Extension Month idea last March, will repeat the program this year. The sum of $1,562.55 has already been forwarded to the League office from B.C. credit unions, and more i.s arriving every day. WHEN IN PRINCE GEORGE Downtowner Motel 3rd Avenue Fully Modern Bruce ond Louro Low 11 SKY-HIGH PIE SALE BOOSTS SHARES RJDGEDALE-MATSQUI ··You asked to be informed on the results of our pie sale.b~ befie~e mo~ o'.d us here were rather ~u 1~us a out Wte iheda but decided to give 1t b a e a various committee mem ers rmg one or together a to1wo Pl.es each and gathered . tal of twenty-six pies. Also the problem . to get out enough members to the 1135 eting and we tackled this by taking the nie . each comniembership list and de1egatmg ni ittee member, we hadfcontahcted ne~rly ull by phone shortly be ore t e meeting. Results-we had the best turnout that we have had at an _annual meeting. Out of a tal membership of 177, we had around enty-five present. The pie sale was . at the c?nclusion of the meeting, followmg a skit put on by the credit committee. The convener of the skit didn't want the pies in the members' hands when the skit was going onhe said. We had a very capable man for tr{· Easier Gardening This Summer Spring comes, and America goes-outdoors. The lawn, garden and patio become the focal point of family activity. A lovely complement to gracious outdoor living is a beautiful garden. It may be several acres of rolling lawn and for~al shru_bbery or a tiny plot tucked away m the midst of a large city. The right tools make for easier gardening. Tools should be adapted to the size of the garden. Hand tools should be suited to the capabilities of the gardener. For women smaller and lighter tools are available. ' Small hand tools do the work in flower beds._ Use the trowel for digging up seedlings and small plants, and for general ch?res. three-pronged fork does weeding without damaging your flowers, and keeps the soil loose. Use a hand rake to mix in fertilizer You will be rewarded for your effort; with sturd ier plants. ~or a lux~riou~ law~, use a weeding krnfe at the first sign ot crab-grass which escaped chemical weed killers. This narrow sharp tool uproots the weeds, makmg only a small hole in the turf. Reseed the bare spot, (}r transplant some turfperhaps from a trimmed-off edge of the flower bed. When you have selected your tools, and a few blooms bring encouragement you'll. star~ to landscape your garden'. S1mp!Jc1ty is the key-in hues, lines and upkeep. F lower beds brought closer to the hous.e create "outdoor living rooms." . Selection of florals and choice of a design for your garden come next. :!\ . If you've enjoyed the fragrance rich red of roses, display them at .levels. Floribunda rose Spartan , pl an m bush and tree form, gives the 111 c~lo.r in the least space. Upkeep mm1mal. C lean and simple lines- such as tuli and forget-.me-nots arranged in sim border outline-glorify a terrace. Yo b.e pleased, too, at the variety of th sizes and colors. Another novel idea is the restful interrupted fawn with a trim bdr Betty Prior roses, lawn and yew hed are best for this. Easy to care for t create maximum beauty in a short' ti . The old spatterdash treatment of par s~es and other small charmers has a given. way to simplicity. Try setting · fam1he~ of each color-group together f a pleasmg effect. If you're a "rookie," a wonderfo The only one who should put faith in world of color and growth are in sto a rabbit's foot is a rabbit. · for you as an amateur gardener. If * * " A woman's idea of keeping a secret veteran, you know there's no end to net 1s refusing to tell who told her. arrangements to delight you. * * * With the right tools and some kno Jumping to conclusions is not half as how, it's fun for every one. od exercise as digging for facts. auctioneer and bids started fairly quickly. It had been d iscussed beforehand that maybe we should set a minimum of five dollars per pie, but some thought that maybe we wou ld be stuck with a whole lot of pies on our hands if we did. The starting bid was five dollars-that pie sold for $14.00. The buyer didn't realize how lucky he was because no one else got aoy so cheap. The high ones were two for one hundred dollars apiece and one for one hundred five dollars. Total sales amounted to eight hundred seventy dollars. The fo llowing day, you could not go anywhere without hearing comments on our meeting and pie sale-not just from members or those in attendance but from anyone you met. I am sure that if the board of directors decide to hold another one next year we will have to provide for a much larger turnout and probably have two or three times the number of pies. The skit weot over very well too." Pass It Along ... * * * * * * WANT TO MOVE ANYWHERE? A gentleman fa rmer is one with more hay in the bank than in the barn. Phone MU 4-1404 the money in his wallet with snapshots. We ore agents far North American Van Lines, and c:an arrange your move-ANYWHERE! One man itched for success until he round he had to do a lot of scratching. A family man is one who has replaced i:: FOR A WIFE APPROVED MOVE contact BOWMAN CARTAGE & STORAGE LTD. 839 Powell St., Vancouver 4, B.C. .,. * THIS IS INFLATION! A.O. Are you worried about possible inflation? Other peoples have done so, too. In Rome of ancient days, the citizens had that worry too. Here was a case: "A mortgage of 3,800,000 drachmas could be obtained in A.D. 307 on a house which was worth 2,000 drachmas in A.O. 267." How is that for a 40 year inflation? "A DIGNIFIED SERVICE AT A CONVENIENT COST" Chapel of Chimes HARRON BROS. LTD.-FUNERAL DIRECTORS SS East 10th Ave. Vancouver, B.C. TR. 6-8877 12 B.C. CREDIT UNION IST - APRIL, 19 BC. CREDIT UNIONIST - APRIL, 1959 13 Covering The Kootenays We now have reports of a number of annual meetings in West Kootenay, courtesy of A lbert Ilott, whose notes have on many previous occasions given a hungry typewriter something to chew on. Thanks again, Albert. Warfield, Credit U nion, says Albert, has enjoyed spectacular growth this past year, which indicates that it is perform ing needed services. Helmut Krueger of B.C. Central was guest speaker at the Riondel meeting, with Mr. Ilott representing the chapter, and Mrs. Krueger an interested visitor. Bingo followed the business session. But it is the unscheduled part of the programme that is most intriguing-a toboggan ride very, very early in the morning. I quote our informant "It's a good many years si nce I did a nything like that a nd I didn' t feel too brave about the whole thing. But what could I do, when my hostess suggested that if I were too old and decrepit, I could go to bed. The challenge had to be taken up. It was lots of fun-" and he goes on to enumerate a broken wrist, torn ligaments, and "the nicest black eye yo u ever saw," suffered by various participants, and HAVE TROUBLE MANAGING MONEY? EVELYN BOURCH IFR Hove Your Changed Your Address Recently? adds "my own aches a nd bruises w not for d isplay." Summed up " it wa 1 I fi ll in t his coupon and mail to t he wonderfu l trip, topped only by the w If so, Pease d Vancouver 10, B.C. derfu l hospita lity of the Riondel peoplt B.C. Credit Union League, 96 East Brea way, (Incidentally, space won't allow us name all of the grand people mention in A lbert's report.) Nome....................... --------------------------····-------·-------·-------····--·· ---------------------------------------··· John Quail and Albert Nelson Ra ilwaymen's meeting on Address............................ . -----·································································· ············-········· 26th (fo llowed by one of the potJ dinners for which Nelson is famed). Th up the Slocan valley (overheard : "Tl Credit Union . ....... ........................................... ......................... ....................... . ---------······ only way to get more potholes in th road is to make them smaller!")-to tend meetings at Nakusp, Burton New Denver. Burton seated 140 at tb TO EXPRESS A EOPLE dinner, wh ich was every bit as calori and flavorful as Nelson Rai lway E EELI NG OF W ELL -BE ING ployees'. Reports of the Slocan Vall cloud of attributes that surround the proPwpIe don't buy a product that . , simCredit Union pronounced it an excelle I does its job, one of the nat10n s top duct." d l meeting, lively and well attended, wi People have changed a great ea ~~rchandising rese~rch men told co-op a fine address del ivered by Hel . the war Martineau po1hted out. . nee officials m Evanston, . Ill. Krueger. 1nsura smce . ' . II U der They're better off eco~om1ca y . n "People buy a car not because its safe, Larry Dunne was guest speaker at t 40 they have "a bu1lt-m sense of secureconomical to operate, and drive to Trail meeting. Larry will be rememberei easy • ,, p· 't ',, "Insurance their company's pent them where t·hey want to go, . ierre by many as a pioneer in the Trail Cred ~i ~~ plan, social ~ecurity, or the ~64,00.0 K~asrtineau told them. "They buy it beUnion, and as a director on the B.C question will take care of them m their League boa rd for three years. He no1 cause it gives them a P.articular statu~ 111 old age." works for C un a Mutual in the state <! the community, a feehng of well-be1? g, a rank among their neigh?ors they thmk In the past dozen years, p:ople ha.ve Oregon. they're entitled to. It gives them selfalso earned more leisure, Martmeau said. They've developed a cult ?f youthfulness. cxpression." . . "The sex roles are changing; Men spe~d Martineau, who is the Ch1~ago T.nmore time in the kitchen an~ help w.1th bune's marketing r esearch chief, sa1?, Ma ny borrowing members have learn the cleaning, whi le an ordmary high "Lo<>ical choice is dead. The economic ed that the credit union will go to gre school has given my daughter three years .lengths to help them out of a jam, p rn"' is a fiction. The product that only of manual training." es its job is headed for the rocks. In vided they have made payments prompt· ly when they could, a nd have kept tht ihis economy of abundance, we buy the -From K ansas C.U. News. credit union closely in touch when the1 could not. BUY * JOIN A CREDIT UNION Your credit union can do more for you, in both saving and borrowing, than any other financial institution in the world. And why not? Tha t's why you organized one. * Mt. Pleasant Chapel * How big is a nest egg? How high ii up? There's a different answer for ever) person. For you, it lies in the answer to ano ther question: "How long could you pay your bills in case your incom1 .should stop?" * * FUNERAL SERVICES TR. 6-2161 - 6-2162 Kingsway at 11th Avenue RUBBER ST AMPS FOR ALL PURPOSES * SEALS Mo ney still talks, but you have to io· crease the volume if you want to gd the message through. 346 West - STENC ILS - SUPPL IES WESTERN STAMP WOR~~couver, Broadway B.C. 14 B.C. CREDIT UNIONIST - APRIL, BC. CREDIT UN ION IST - A PRIL, 1959 15
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