‘Michael ‘Walker of
the Fraser. Institute where he
‘stated that minimum wage
laws do not raise ‘the wages.
of unskilfed.

incompete a
a’ by the writer.

ignored ~

bid up his wage to $3 an
hour. This may be true if
there are enough $3 an hour
jobs to go around, but it is
not true if there is as much as
one person without a job.
Take the°example of an
economy with ten similarly
unskilled laborers, but only
fine unskilled jobs with a

productivity at or above $3

an hour. In a freely com-
petitive market, ‘the one guy
without a! :job_ is going to
offer his services cheaper
just to get food in his
stomach. Without unions,
the. other workers would
have to accept lower wages

‘in ordér to“avoid- being ‘the
person ..laid. off. All the
workérs’.wages would then...

competed: down. ‘to. the.

Se

last guy. So if the next
productive job yields only: $2 *
an hour, all ten workers will
end up.earning about $2. an
hour. So Michael Walker is
completely wrong in saying
that minimum wage laws do
not protect thé ‘wages of
unskilled workers, and any

third year economic student >

could tell him why. |

What then about the
person in my é€xample who
could get a job-if he took-a

_ wage of $2 an hour, but can’t .
imum wage. >
2 One"

because of a min
law at $3 an
solution would be for ‘the ©

- Mine people employed ta be
taxed ten cents an hour off

their, wages to. subsidize
employing the last gu

productive to employ the’ ‘way,

the $2 an hour job. That ‘North: Vancouver:

‘everybody ends up
being fully employed at
$2.90 an hour instead of the
free market result of $2 an

_hour.

Minimum wage laws
therefore are- necessary ‘to
“protect workers from being
abused in times of recession.

And ~ subsidies for less
productive jobs can
eliminate any unem-
ployment that remains.

It has taken_us a hundred
‘years to eliminiate some of
the evils of ure ‘Capitalism
“and it is dis ig to-see the

“Reaganites ‘dawn ‘south and

“the Fraser Institute up here
"try to resurrect the injustices
_of the past. a

hrs

ail Hundal ,

A7 - Sunday News, September 20, 1981

When you need professional advice, and
guaranteed ‘no-shrinkage’ of your valuable
draperies, call the drapery specialists at-Roy's Dry
Cleaners. With regular professional cleaning, your
draperies will look better andlastlonger. . _

We're not expensive eittier: our large volume tets
us charge competitively low prices. Let Roy’s take
the. “‘worry” out of your drapery cleaning.

DRY
‘CLEANERS

North Van.
987-3233

648 Queensbury Avenue,
987-3431

sions should rise and welfare *:
assistance -needs, to be re- :

of. transportation. Thus the af
evaluated. Social ‘spending -

-benefits. to these ‘fellow

_, citizens in B.C. are going to should not.-be randomly. cut.
‘be hard to find when they With some creative thought, .
cé.. large increases. we.can develop; Policies that | Mg

It; L will be” ‘doubly -will he

The Brit ie Columbia
government. must _ still
negotiate.on the matter of
the federal tax on natural gas

exports. Assuming that In response to the letter Sorry — for legal reasons
Messrs McClelland and written by Robert Morgan, MAILBOX cannot print letters

Bennett will be able to adopt
a mature bargaining posture
and achieve a fair settlement
for our Province, we will be
able to count on natural gas
as an economical alternative
to oil for heating our homes.
But what about those who
live in rural areas of B.C.? J

am concerned about those deserves much more (not more than about 200

British Columbians who do respect. This senseless pong. Tainted We owant. to

not have access to natural killing should be in- publish as many #8 possible ~ —

gas as a home heating fuel. vestigated. ploase help us use yours. The ; . .
These same people are also 1130 Lonedele Avenue, North You are cordially invited
forced to drive long Jan Cook

distances in cars because

Toshiba and Litton/Moftat

friendly.
hetpful

personal

your budget a favour

More than 25 models to choose from
including the newest from Panasonic,

to meet or beat any other

price on the Lower Mainland * Best of
all, you'll like the way we do business —
and downright

Before you buy, do yourself and

)

‘Bitticult for’ those ‘on fixed economic bargaining ith. ao, _

the-impact. Old Age pen-

“=: Respect:
wildlife

Dear Editor:

published in the North Shore
News of Sept. 2, I also find it
most upsetting and difficult
to believe that a mother bear
and three cubs were shot by
the Ministry of the Environ-
ment.

Is this the way to treat our
wildlife? I feel our wildlife

West Vancouver

MICROWAVE OVENS COST LESS
AT COLONY HOME FURNISHINGS

neutbidhliahhinalteser ree —

all priced
advertised

“ASE Vag

COME SEE US AT

COLONY

URNISHINGS

HOME Ft

ig and revenue and low.incomes.
sharing will bring. Canadians Both levels.of government Shirley McLoughlin
are no of a secure " must find ways of cushioning Leader, 3

B.C. Liberal Party

MY letter?

with no name (or where the
signature is illegible) and with
no address or phone number.
Please ensure your. name, ad
dress andor phone number are
clearly readabie..We do not
print street addresses ond. if
specially requested, we not
print your name..But we MUST |
have these details for our own
files.

Because of ow very large
volume of mall, short fotters

Vancouver, B.C. V7M 24.

1660 LONSDALE AVENUE (AT 19TH) NORTH VANCOUVER

985-8738

(OPEN EVERY THURSDAY & FRIDAY NIGHT UNTIL 9)

ea>rings |

to prior sale

¥Y Million Dollar
Collection

of exclusive one-of-a-kind precious gem jewellery

This magnificent collection features precious
Diamonds, Emeralds, Sapphires, and Rubies set in
a variety of unique 10K, 14K and 18K gold
handcrafted settings.

From our Collection of necklaces, bracelets, rings and
there ts the perfect piece at the perfect
price for that special person

Pieces from the collection are, untortunately, subject

On exhibition trom September 2 1st to September 26th

“foxoes Yous
Grassie’s

At this location only

Park Royal North
Phone: 922-6939 |

‘to view our

[eave YOUIR HWELLERY APPRAISE? Al (.RASSITE ws |