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The Leader-Post from Regina, Saskatchewan, Canada • 48

Publication:
The Leader-Posti
Location:
Regina, Saskatchewan, Canada
Issue Date:
Page:
48
Extracted Article Text (OCR)

12 General The Leader-Post Regina May 23, 1989 Planning to hoard a paper buck? Good luck! unusual. It happened when the British recently withdrew their one-pound notes. It also occurred in Australia when that country buried its buck. Watson adds that even after the dollar coin officially replaces the bill, paper dollars will always be accepted as legal tender. But the most valuable bills are usually first-edition banknotes or examples of an especially shortlived series.

In the 1954 edition, for example, signatures of the Bank of Canada governor and his deputy were changed five times before the bill was redesigned several years later. A bill with the right combination of signatures can fetch more than $1,000, says Hirsch, while others from the same year bring as little as $1.75. Hirsch says the current 1973 edition the common greenback with the Queen on the front and the Ottawa River and Peace Tower on the flip side probably wont ever be worth much more than the 1989 price of a cheap lottery ticket. Okay. What about the $1 coin, the loonie.

Its a first-edition, right. Maybe itll be worth something some day. Ha, says Hirsch. The government made so many loonies about 200 million are already in circulation theyll never be worth anything. By Richard Hoffman The Canadian Press Call it the lame buck.

After 123 years of use and abuse, the lowly Canadian one-spot will be a dead duck on June 30. Thats when the government issues its last paper dollar and begins rounding up and destroying the estimated 313 million greenbacks in circulation. But, as the countdown begins, Bank of Canada officials estimate 30-45 million dollars could escape the grinding teeth of government shredders. Some of the bills will simply be lost. Many others will be scooped up by Canadians banking that the bucks will eventually be worth more than their face value.

Its a futile effort, says Paul Margolis, owner of the Rare Find coin shop in downtown Vancouver. I dont think hoarding them will ever produce a profit for anybody. As a rule, the last issue of any currency is the least valuable, adds Klaus Hirsh, whos been dealing in dollars and cents for two decades near one of Torontos busiest downtown intersections. I wouldnt save it, sneers Hirsch, leaning on a glass showcase packed with rare coins and paper money from around the world. But there are always people out there who hoard them.

Most of the time, they eventually spend it in a year or so when they get short of cash. CP Laserphoto Millions of dollar bills will soon be nothing but Household goods for sale to pay for drug treatment CALGARY (CP) The washer and dryer have been sold. The TV and VCR are next. Caroline, a single mother, is ready to sell everything she owns to send her 17-year-old son Dean to a long-term drug treatment centre in the United States. Despite promises by Alberta Premier Don Getty in March to fight drug abuse my war on drugs, he said no similar drug-treatment program exists in the province.

He has given no indication one will be established soon. One firm Straight which would have provided a service more like the long-term U.S. centres pulled out of the province in March, saying it couldnt compete with Gettys proposed $200-million drug abuse foundation. Gettys wife, Margaret, was honorary chairman of the program, which Straight a non-profit firm based in the U.S., said would have filled a void that Getty now wants to fill. We did not want to be in the position of competing with the governments efforts, Linda Hedden of Straight Inc.

said in March after the company pulled out. Were very disappointed. We were very, very excited about going into Canada. But we all decided that, at this point, it wouldnt be in The $1 coin As of July 1, banks and trust companies have been ordered to return all dollar bills to one of the Bank of Canadas nine regional offices in exchange for the coin equivalent. Once they fall into the hands of the central bank, theyll be pressed into huge paper shredders and turned into landfill.

After a while, you think of money as just a lot of paper, says Bill Watson, deputy agent at the central banks largest regional office in Toronto, where 200 million bills of all denominations were destroyed last year. Across Canada almost a billion pieces of paper money were turned into mulch by the government in 1988. Watson says hoarding bills especially final editions isnt everyones best interests to continue. Getty is on vacation and unavailable for comment. Meanwhile, Caroline explains why her son needs the long-term care and what it can accomplish.

Its important to me because Ive lived with (Dean), says Caroline. I know his potential. Ive watched him go from an honors student playing all sports at a top level. From a loving child, a considerate, caring person and responsible Ive watched him lose all that. Ive watched drugs take over his body and his mind.

I want him back to his potential. Caroline, 47, and Dean not their real names believe the only way he can beat the drug problem is by enrolling in the $12,000 US program. The mother and son are leaving in early June their flights are booked. Well be there no matter what has to happen, said Caroline, who also has a 26-year-old son in a shortterm drug treatment centre in Utah. In Alberta, there are no hospital-based treatment programs for juvenile chemical abusers.

Families are forced to send teens south of the border at great expense. In recent months, Getty, whose son Dale has been charged with trafficking in cocaine and posses the Coalition to Oppose the Arms Trade, said Canadas reputation as a peacemaker is called into question by its involvement in ARMX. The demonstration will show the world that the statement that Canada is a peacemaker is a myth, he told protesters before the march began. Canada is anything but a peacekeeper." The three-day trade show, sponsored by the Toronto-based Baxter Publishing is expected to draw as many as 15,000 buyers, sellers and soldiers from around the world, organizers say. Some 400 companies from 16 countries are expected to set up booths to display their weapons, communications equipment, tents and computerized simulators.

The exhibition is held every two years. But this year, Ottawa city council decided it will no longer rent municipally owned property for the show. The Defence Department is a major participant, although the federal government no longer organizes the event. CORRECTION To Woolcoi Canada Fltwaak flyer delivered to your home Tuea. May 23, 1989.

PQ- 1 Men's Deluxe 18 Speed ATB $199.97 will not be available. Pg. Tuff Lite Flashlight $8.97 will not be available. Sorry for any Inconvenience. department stohei MiitM via mm mm (a ia A shredded mulch You've given serious thought to all the details styles, colours, accessories.

Now bring it to life during our sparkling home fashion event. Outstanding selections at pleasing sale prices! accessories EATON TABLE PAD 8. flatter quilt stitching makes v' this table pad drape softly. (255) Sizes Each 48 66 (122 167 cm), oblong or oval 17.98 52 80 (132 203 cm), oblong or oval 22.48 52 100" (132 254 cm), oblong or oval 26.23 52 (132 cm) round 14.98 Linens and Bedding look for this symbol the market an talon eulusiw. Thai means it's available gnfy at talon Protesters decry arms trade sion, promised to wage war on drug abuse in the province.

Although details have been sketchy, Getty pledged to use $200 million from the Heritage Savings Trust Fund to pay for the prevention, research and treatment of drug and alcohol addictions. But Caroline has seen none of that money for her battle. Weve gone through everything Alberta has to offer and they dont have much, she says. Why dont we have something like (the U.S. long-term treatment program) in Alberta? Getty is promising all these things.

But when is some money coming through? A year ago, Dean checked into a short-term drug treatment centre in Ogden, Utah. The 49-day stay, which cost $13,000 US, was paid by Alberta Health Care because it is a hospital-based program. But Dean fears he may slip back into the drug world if he doesnt go to a long-term treatment centre. It turns into a daily battle once you fall off the cloud of sobriety, says Dean. Sooner or later you start to come down from the high and face reality.

You have to take things in hand and take control of your life. In the Commons on Friday, Mary Collins, associate defence minister, said the exhibition was a cost-efficient way to bring the department up to date on the latest in training technology. But the demonstrators said ARMX promotes the arms trade, and thus, promotes killing. They say Canadian weapons often end up in the hands of some of the worlds worst human-rights violators. If we can stop the arms trade, we can stop the arms race and if we can stop the arms race, we can stop war, said Leonard Johnson, head of the peace group Project Ploughshares.

The protest was led by a roughlooking group, many dressed in black leather, with their faces covered with bandannas. CORRECTION Canadian Tire regrets the errors that appeared in the Outdoor Living Sales flyer delivered to your home this week. Page 8 Ever-Rcady Ktllex. Copy reads: 4 99, 900 ml. Reg.

6.99 59-3681-2. Should read: 3.99, 900 ml, Reg. 5.99 59-3780-6. Pag 5 CIL Clear-lt 1. Copy reads: 3.99, 750 ml, 59-3780-6.

Should read: 4.99, 750 ml, Reg. 6.99, 59-3681-2. Page 3 The Hampton Patio Set on sale at 699 94, package Includes: 4 padded chairs, table and umbrella only. The reclining lounger and lounger pad are each sold separately. apologize for any inconvenience this may have caused.

NORTH SOUTH mumtL MtUM few win hums maw knfeUMUl Mon 8 30 -B 00 m. 30 m. SAVE 30 'Pamela' bedspread and OTTAWA (CP) Waving black flags and chanting anti-war slogans, some 1,500 peace activists marched Monday to protest ARMX 89, the international arms exhibition that opened here today. The demonstrators, from tots to teens to seniors, halted holiday traffic as they marched from downtown to Lansdowne Park, site of the controversial trade show first organized in 1983. Upon reaching the park, they gathered in an area cordoned off by police and listened to speakers denounce Canadas involvement in the arms trade.

Nearby, a dozen people involved in the exhibition stood quietly in the late afternoon sun and watched. My message is for the people in there, yelled Natalie Turner of the Student Christian Movement of Canada, pointing to the stadium. We dont want to see our planet destroyed by bombs, by garbage and by hatred. Members of the Alliance for Non-Violent Action said they would block the entrance to Lansdowne Park today, and spokesmen said they expected some would be arrested. Richard Sanders, spokesman for CORRECTION Re: Safeway'a Flyer Effective May 23-28, 1989.

Illustration shown lor Mexicasa Taco Shells is incorrect. Golden Boy Peanut Butter should have red 750 Safeway apologizes for any Inconvenience that this may have caused its customers. SAVE 25 'Catherine' sheers 7. Pinch-pleated lace a lovely, romantic touch! Yours in white or ivory. (455) Approx.

Eaton reg. Pair 50 84 or 95 49.99. 37.49 75 84 or 75.99 ..56.99 100 84 or 95" .99.99. .74.99 125" 84 or 95" 129.99 ,.97.49 150" 84 or 95" ..155.99. .116.99 Not shown: Eaton reg.

Each 7A. Rod pocket panel 106 81 or 95" ...46.99.. .35.24 7B. Valance 60 18 19.99... 14.99 Please allow 2-3 weeks for delivery.

'Pamela' bedspread. 1. Charming pastel floral of polyester-and-cotton. Polyester fill. Machine-washable.

(453) Size Eaton reg. Each Twin 159.99... 111.99 Double 179.99 ..125.99 Queen 189.99. .132.99 2. Sham 46.99....

32.99 3. Day-bed ensemble, includes day-bed comforter, bed skirt and 3 shams 299.99 .209.99 4. Cushion 39.99 ...27.99 5. Table cover .69.99 .48.99 6. Matching window treatments.

Rod pocket drapes, balloon shades and valance also available at 30 off. Please allow 2 to 3 weeks for delivery. TOMr. 'V hH hat gr 1 imyitur lehms Aittiuni Amrntunliprpw. Vtsa and MavtrK ltd aiwMtcpii'tf EATON'S We are.

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Pages Available:
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Years Available:
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