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â€" Alexandra 'creative _ playground The board recently had the school yard surfacâ€" ed because of the dust but that was before the adâ€" vent of creative play areas in this community. Both the board and council realize the potential of creative playgrounds and their necessity. And both have contributed $500 to this specific proâ€" ject‘! + They believe this type of community project is excellent. So do we. Hopefully the residents opposing the creative playground will reconsider their objections and join the rest of the comâ€" munity in its support. The group opposing the project do not have young children and therefore may not see the need for such a project at Alexandra. Those with children appear to be in support of the pro4 jectâ€"and for obvious reasons. Without it there isn‘t a decent playground in the immediate vicinity, unless of course you consider the asphalt school yard a decent area. The group interested in establishing the playâ€" ground (headed by local resident Gord Smiley and school principal James Ribey) considered the objections of the local residents before subâ€" mitting the final proposal to the respective bodies for approval. The original site of the area was changed and provisions to keep the: dust minimized were incorporated into the project. Despite a bid to halt the project from a number of residents surrounding the school site the proâ€" ject will proceed as planned this September. A number of residents (apparently headed by Herâ€" bert Schmidt of Alexandra Ave. â€"and Herbert Feeney of Park St.; opposed the project for what they believed to be valid objections. â€" Those connected with the project deserve a great deal of credit. As far as the supervision aspect is concerned, we agree with the playground group. The site is a far better place to have the neighbourhood‘s youth congregate then a street corner or the Waâ€" terloo Square parking lot. Supervision during school hours will be the responsibility of the board. Afterwards it is the responsibility of the community. The residents claimed if approved the sand to be used for sections of the area would create a dust bowl in their neighbourhood. They also claimed an unsupervised play area is asking for trouble. The playground, which has been given the greén light from both the Waterloo Board of Eduâ€" cation and city council, is a much needed and long overdue facility for one of the most densely popuâ€" lated areas of the city. â€" § _ The proposed creative playground for Alexanâ€" dra Public School should be a tremendous asset to the downtown section of Waterloo. 4 â€" Wateritoo Chronicle, Wednesday, June 26, 1974 necessary Viewpoint Published every Wednesday by Fairway Press. a division of Kitchenerâ€"Waterloo Record Ltd. 225 Fairway Rd.. Kitâ€" chener. Ontario. Address correspondence to Waterloo Square. Waterloo, Ont. Télephone 744â€"6364. (2) NA. MacEachern Public School. This is the new elementary school in Lakeshore Village. It will alleviate the overcrowding at Cedarbrae Public School. The boundary line between the two schools will run down the centre of Forest Glen Boulevard, from Weber Street to the row of houses on the southern side of Tollgate Blvd. Students loâ€" cated north and west of the line will attend N.A. MacEachâ€" ern School for Grades 1 to 6. The others will attend Cadarâ€" brae. This line will create student populations of around 560 for Cedarbrae during the coming year, and 258 for N.A. Macâ€" Eacherm. The line has been chosen to minimize safety hazards along Forest Glen Blvd. to allow for future growth, and "perhaps,"" in the words of an official report on the matâ€" ter, "to allow for the establishment of a specia) education program in the community if deemed appropriate.~ Talking of whether common shares are a hedge against inflation. Sarlos says they were while inflation was 14@ than 9 per cent per annum but now investment habits must be changed. General insurance companies. utilities and giant (1) Centennial Public School. Increasing enrolment at this school will require the addition of two portable classâ€" rooms, one for September of this year and the other for Janâ€" uary 1, 1975. The.eventual opening of the Keats Way schoot will alleviate the burden at Centennial. Expropriation proâ€" cedures for the requisite land have begun. . â€" By Don Baker ' Trustee, Watecloo County Board of Education The flux of population growth or decline, the building of new apartments and condominiums, and the expansion of suburbs have required the board of education to make some adjustments in school accommodations for the coming year. A few of the specific recommendations are:â€" (1) Review investment policies frequently. (2) Borrow money on a longâ€" term basis at a fixed rate of interest. (3) Buy your own home preferably mortgaged with longâ€"term debt at a reasonable rate. (4) Invest a reasonable proportion of four portfolio in gold. especially as long as billions of dollars are pouring into the Middle East. (5) Buy objects of art, antiques, stamps etc.. if you have some specialist knowledge in one of these fields. In times of severe inflation it‘s hard to save money that will appreciate in real value. Tips for corporations, also practical for individuals, have been offered by Andrew Sarâ€" los, President of Continental Capital Ltd. School buildings, boundaries â€"â€"_â€" Waterioo W In an interview with The Financial Post, NDP : Leader David Lewis says his twoâ€"price system ESTABLISHED 1854 would probably cover basic commodities such as ished every Wednesday by Fairway Press. a division of steel, lumber, lead, zinc, nickel, fertiliser, ceâ€" henerâ€"Waterloo Record Ltd. 225 Fairway Rd . Kitâ€" â€" ment. Keeping pace with inflatione In Canada: one year $8; in United States and Foreign countries: one year $10 SUBSCRIPTION RATES Eqditor: Don McCurdy M nt uce r§Ms ces RUNNING NOSE TO NOSE . ~Â¥eaise a88*SAAMUeca ces es s+00 e (3) Harold Wagner and Brighton boundary. Because of new buildings in the area, the boundary between these t schools will be defined as follows: Harold Wagner wil} ! compass students living on both sides of Marshall Street, from the Laurel Creek line to the rear lot line of properâ€" ties on Weber Street, north to the rear lot line on the south _side of University Avenue and then east to meet the present Harold Wagner boundary. i companies should be regarded with great care because of possible government interference or pressure, and investâ€" ments in corporations having longâ€"term fixed price conâ€" . tracts should be avoided. Some industries, like the construction industry and heavy equipment manufacturing industries, undertook lump sum or fixed price contracts without escalation clauses. With increases in the price of steel, cement and labor, such companies can find themselves in a severe profit squeeze. ‘‘We suggest that they be treated in the same way as we treat our wheat now. The Canadian price should be a reasonable one for the Canaâ€" dian consumer, both individual and industrial. A lower price in lumber or cement, for example., and steel, would immediately affect the cost of a home. Fertilizer would immediately affect the cost of food in a very fast way."~ (4) Harold Wagner â€"and Lincoln Heights boundary. An eastâ€"west line will run behind the northern properties on Vermont St., cutting across Bluevale Street North at houses No. 66 even, 75 odd. All schoolâ€"age children living north of this line will be assigned to Lincoln Heights Public School. Those on the other side will go to Harold Wagner. (5) Creative playgrounds. The board has also approved the creation of several ‘"creative playgrounds" on school , sites. These proposals generally come from home and school associations or other local groups. Two which seem partiâ€" cularly attractive and ambitious are slated for Elizabeth Ziegler, where a kind of natural amphitheatre will be creatâ€" ed. and Alexandra School. The board has also approved a recommendation that junior pupils living on Erb St., between Weber St. and Marâ€" garet Ave., be given the opportunity to attend Harold Wagâ€" ner School if they desire. Currently the boundary line runs down the middle of Erb St. to Ellis Cres. * Twoâ€"price . system »UNn sNDICATE