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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 4, 1973, Lethbridge, Alberta New proposal studied on north pipeline cost April 4, THl UTMBRIDGB HKALO 23 Pay nothing for interest Canadian Cellulose acquired by B.C. gotft By PAUL JACKSON Herald Ottawa Bureau OTTAWA Energy Minister Donald Macdonakl revealed Monday that the federal govern- ment is considering a proposal by two Winnipeg men that could cut the cost of constructing a j northern natural gas pipeline by half and save an estimated j billion. 1 The two men, professional en- gineer Moses Dimentberg and Prof. Charles P. Bennett, con- tend that if the pipeline system was designed to natu- ral gas in liquidfied rather than vapor form the billion con- struction cost could be chopped in half. They have formed a com- pany, Liquefaction Ltd., and ap- plied for a patent for their sys- tem which is explained to gov-1 ernment officials in bulky and complex documents. Mr. Macdonald revealed that the government is making "an appraisal on an inter- departmental basis" of the pro- posal following questions raised by Manitoba MP Doug Rowland (NDP The Manitoba MP wants the j government to open up about j the proposal because he feels industrialists may not favor the liquified pipeline. "A liquified pipeline would probably mean a delay in the start of construction. Tests ould have to be carried out. The natural gas industry doesn't want a delay because it is in a seller's market and can. get its costs back anyway by! building them into the price of' northern natural price will have to says Mr. Rowland- He is keenly interested in re- sults a federal government study on the implications rais- ing billion to build a conven- tional vapor natural gas line would have on the capital mar- ket and interest rates. Mr. Rowland feels that a li- quified pipeline system might be provide more safeguards against damage to the environ- ment. However, while Mr. Macdo-' nald did say, in a written reply, personally signed by the minis-, ter, that an apprasal was un- er way he gave no of as to whether Ottawa experts thought the Winnipeg plan i might be feasible. i And he said that the federal i government is not considering providing funds to help build a test loop to evaluate the effi- ciency of a liquified pipeline. "Feasibility work -for pipe- lines is the responsibility of in- i explained Mr. Macdo- j nald In a paper on the subject Mr. Dimentberg said liquidified Get your just desserts. GOT IT? GOOD FOR YOU! Mm Oririn Limited PRLM pipelines as an alternative to vapor pipelines are receiving "worldwide" attention. Over short distances, liquid- ified pipelines are not econom- ically feasible. But, says Mr. Dimentberg, Soviet gas industry officials says tests have shown liquified natural gas pipelines are supe- rior for distances longer than! miles. The Russian in-! dustry is working on new devel-1 opments now. "Canada could, and should be, in the forefront of this new he says in his pa- per The Economics of Trans- mitting Liquified Natural Gas' front the Arctic. He says liquified pipelines are superior to vapor lines for a number of reasons including: I Greater capacity, lower trans-' mission horsepower needed toi move the product, lower oper-j ating pressures, and a great! saving in pipe requirements since a suggested liquified line could have a diameter of 36; inches compared to 49 nine inches for vapor gas. Basically, the pipe diameters for liquified lines are 75 per cent of those for conventional lines. The federal government has said it expects to receive pro- posals sometime this fall for building the pipeline, which would be the most expensive construction project in the na- tion's history. By MIKE HUGHES VICTORIA (CP) The Brit- ish Columbia government an- nounced an agreement has been reached whereby it will acquire 79-per-cent interest in Canadian Cellulose Co, Ltd., the principal operating subsidiary of Colum- bia Cellulose Co. Ltd. Resources Minister Bob Wil- liams told the legislature the agreement was signed Monday between the government, Cela- Corp., Columbia Cellulose, Columbia Pulp Sales Ltd., Ca- nadian Cellulose and Celgar. He said the province is pay- ing nothing for the 79-per-cent interest in the various industrial projects which have a replace- ment value of more than million. However, he said the pro- Learning process continues past 40 fund for students employment EDMONTON (CP) Imper- ial Oil Ltd. announced yester- day it 'is allocating in a special summer employment program for students in post- secondary institutions. W. B. Dingle, Alberta corpor- ate manager, said in a news re- j lease it is the third successive i j year that Imperial Oil has j carried out the program, which provides about for each student and is being developed in co-operation with provincial and northern' territorial govern-' meats. Grants will be allocated on a geographic basis according to university student enrolment. SANTA CLARA. Calif. (API A University of Santa Clara psychologist study start- ed 42 years ago'indicates that the learning process which con- tributes to a person's intelli- gence quotient continues at least through middle age. Dr. John Kansas. 29, director of the Santa Clara counselling centre, said the mean intelli- gence quotient of 48 persons went up about 20 points between the first time they were tested, at pre-school ages, and tests four years ago. "A lot of people feel as they grow older that they're going Dr. Kangas said in an interview here. "This study raises the hope that you can teach an old dog new tricks." He said the 48 persons in the study were from a group of 212 tested as pre-schoolers in the San Francisco Bay area in 1931. Given the Stanford-Binet IQ test, the group had a mean IQ of 110.7. Dr. Katharine Bradway. a San Francisco psychologist, looked up as many of tie or- iginal group as possible and tested them in 1941 and again in 1956. The scores were 113.3 and 124.1. respectively. Dr. Kangas said he located the group again and tested them in 1968 and 1969. At the mean IQ had risen to 130.1, he said. Dr. Kangas, whose findings were published in the Journal j of Developmental Psychology, said the researchers who de- veloped the Stanford-Binet test believed IQ did not increase after B person turned 16 or 18. 'In the 1940s, he said, the Wes- chler Adult Intelligence scale assumed IQ rose until a person turned 25, levelled and then de- clined after the age of 35. "My study provides new hope j for older Dr. Kangas said. posed Crown corporation, which will be known as British Colum- bia Cellulose be a hold- ing company for the will assume a debt of mil- lion in first mortgage bonds and bank debts owed by Canadian Cellulose. The minister's statement also said that the Columbia Cellulose (CoJcel) parent company, Cela- nese Corp., will release Cana- dian Cellulose from its lion debt to the parent com- pany. ASSETS OF MILLION Columbia Cellulose operates pulp mills at Prince Rupert and Castlegar as well as other smaller lumber operations. The company has book assets ofj million but has lost mil-1 lion since 1966. The parent company, Cela-1 has been reported to have written off its in- vestment in the B.C. firm and has been trying to sell it. At a news conference follow- f ing the announcement in the j house, Mr. Williams said the province will have to pay million a year on the debt it has assumed from Cana- dian Cellulose. The minister said he wanted to leave to a later stage the whole discussion of the econom- ics of the government's action but said it is conceivable that the company would be able to show a profit of million or so to balance off this debt. "It is certainly the intent of the government to see to it that conditions change so that the company will be moved into a turn-around position and the in- terim staff in Columbia Cellu- lose have prepared such a pro- gram." He said the government will analyse this program in some detail and the related questions of rail development, freight rates and sawmills in northwest B.C. AGREEMENT JUNE 29 Mr. Williams said the agree- ment with the various com- panies will be completed June 29. Under the agreement, tbft re- maining 21 per cent of common shares of Canadian Cellulose would be distributed to Colcel's more than 8.000 public holders. "Thus under this agreement the powerless minority within the present corporate structure of these companies would be as- sured of their position in rela- tion to the assets of the com- Mr. Williams told the legislature. Last August, Colcel an- nounced sale of its Castlegar operations to Weyerhauser Can- ada Ltd. for about million but Mr. Williams blocked the deal because he believed it would be difficult to find 8 buyer for the remaining north- ern operation. Mr. Williams said Monday that the government's action ensures the position of the mi- n o r i t y shareholders which would have been in jeopardy had the proposed sale of the southern operations gone ahead. NOW RENTING "IMPERIAL COURT" 52nd Ave. 6th St. West, CLARESHOLM 33 Unit Townhouse 2 BEDROOM 134 3 BEDROOM Includes refrigerator, stove, drape rods, landscaped, fenced and paved parking. FOR FURTHER INFORMATION CONTACT: B H HOMES (CALGARY) LTD. 2050-10th AVE. S.W., CALGARY PHONE 1-244-2716 GRAND OPENING CONTINUES Disco Shoes offers you a new concept in shopping for quality footwear. Because our stock is on display, we can assure you Lower Prices, Larger Selection, leisurely Shopping. Disco will always carry Brand Name Footwear in the latest styles and materials, as well as complete size ranges for Men, Women, Teens, and Children. Lou Corenblum and his friendly staff invite you to come in and see our beautiful store and get your share of the terrific values. Come help us celebrate. WOMEN'S CASUALS WEDGE, MEDIUM HEELS Child's and Misses' Shoes Savage, Susan, Packard, Straps, Slip-ens, Black, Brown, White Red, Tan, Values to 13.98 OPENING SPECIAL........ 5 pair Values to 10.98 OPENING SPECIAL 4 pair Women's Pumps, Straps, Ties. High Heels, Medium Heels Suedes, Smooth Leather, Patent Leather, Assorted Colors Values to 14.98 OPENING SPECIAL par Women's Pumps, Suedes, Leathers, Wet Looks, Platforms, Wedges, Sandals, Slings OPENING SPECIAL FROM.......... pair To enter the draw participants must be 18 years or over just fill in your entry slip (available at our store) No obligations nothing to buy just enter. Draws will b e made Saturday, April p.m. Open doily 9 a.m. 6 p.m. Thurs., Fri., 'til 9 p.m. MEN'S SHOES Oxfords, Slip-ons, Straps Black, Brown. Tan, Calf OPENING SPECIAL FROM pair FREE DOOR PRIZES DRAW WILL BE MADE APRIL 7, P.M. Carving Knife; Can Opener; Fry Pan Radio; Radio CDCC Balloons dtld Suckers for Junior 505-509 4th Ave. S, DISCOVER DISCO and Save GRAND OPENING SPECIAL TO HELP US CELEBRATE WE ARE OFFERING 10% off ON OUR COMPUTE INVENTORY Phone 327-3784 ;