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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 5, 1972, Lethbridge, Alberta 10 Till IFTKBRIDGE HEKALO Wcdn.scloy, April 5, 197? oca! INDEPENDENT More trouble ahead with U.l 642 13th Street North, Lethbridge Phone 328-5742 GET PERSONALIZED SERVICE FREE DELIVERY TOO! FOOD COSTS ARE LOWER AT MAYFAIR FOODS SPECIAL PRICES IN EFFECT THURS.-FRI.-SAT., APRIL 6th-7lh-8rh TORONTO finance Minister John Turner said Tues- laj> that Canada may be headed or more problems with its cco- ic- relationship with the United States. "It is now evident that rccon- of the economic and polit- ca] objectives of the Iwo coun- rios may be more difficult in ulure than has been Ihe case luring the past quarlcr-cen- tury.1' The minister told the Cana- dian Club the growth and mod- ernization of the Canadian econ- omy may be limited by new Apple Juice York Austra! Peaches Halvcs Cream Corn or Asst. Peas Spaghetti in Tomato Sauce n 46-01, for HOI Apricot or Peach Jam Purity Flour Libby Fancy 14-oz. for Heinz 14-oi. Ift-oi, TflP 'or op Volu 54-01. Mayfair Foods.Dairy and Frozen Products cift Past. Proc. Canadian B-oi. 49c Apple Pie Fill 2 69c Roisin Pie Fill 2 79c Canned Pop TDp 8 89e Corn 2 SliceSKr Potato ChipsNalleyi %p0f 2 for89c Cheese r69 Breeze Tea G1. 99c Margarine Top Voiu ,.ib. 4 f., 1.00 Lux 79c Fries s.c 49c Toothpaste Up, more 59c TV Dinners Bn.'OI 59c Toilet Tissue 2 for 99c Pies he Kuropean Common Market and Japan to work towards new multi-lateral trade negotiations, Canada supports such talks, lie added. Mr. Turner called on busi- nessmen, labor loaders, consu- mer groups, provincial govern- ments and ollicrs to help plan "anaila's Industrial strategy, lie snid the government does nol want lo RCl Into the slate planning business, and that Canada has had policies condu- cive to industrial growth and trade expansion, but poli- cies may bo needed to meet changing limes. Mr. Turner observed Ihnl Bri- tain's entry into the European Common Market and other in- ternational developments result in large trading blocs being crealcd. Canada must competo among these blocs (or interna- tional markets. In supporting an international call for trade negotiations, "il is clearly implicit that tho U.S. will be prepared lo nego- tiate sonic reductions in its bar' ricr.s to the finance minister said. 30-lb. bag California Fancy Sunkisl 6-lb. bag Canada Fancy Golden or Red Delicious California Canada No. 1, New Crop Medicmo Hat Hoi Mouse, Largo LnDvAvE CaliFornia Canada No. 1 Green...... Ibs. WE INVITE YOU TO TRY OUR MEATS "THE BEST IN TOWN" Mayfair Foods Meats Canada Choice Canada Good "WE WILL CUT OUR MEAT TO SUIT YOUR REQUIREMENTS" ROUND STEA! or RUMP ROAST CANADA CHOICE, CANADA GOOD Ib. T-Bone or Club Steak Sirloin Steak Camplire Sausage Burns Wieners Ib. Vac pack Mb. STORE HOURS: Man., Tues-, Wed., Sul. a.m. till p.m. Thursday and Friday a.m. lo p.m. Prices Effective April 6th, 7th and 642 13th St. Nv Lethbridge 8th Phone 328-5742 w- The Right FREE CITY DELIVERY! ON LARGE ORDERS MIHALIK'S Quantities nragw American policies such as crea- Lion of the Domestic Interna- tional Sales Corp., designed lo stimulate U.S. exports. The DISC arrangement per- mits U.S. companies to set up special corporations and post- pone payment ot most income lanes on export protiti. Mr. Turner said it raises Ihe ques- tion whether U.S.-hased corpo- rations in Canada will expand their capital Investment and production In this country. He predicted "Increased com- petition from some U.S. firms in our domestic market and over- seas." He paid tribute to John Con- nally, U.S. secretary of Iho treasury, for his part In achiev- ing international currency ad- justments last December. Under the adjustments, mosl major currencies increased In value in terms of the U.S. dollar while tho Canadian dollar con- tinued to float. As a result, Ca- nadian exports became cheaper in Europe and Japan while im- ports from these countries be- came more expensive In Can- ada. Mr. Turner said Canada Is ready to participate in new- talks to achieve long-term re- form of the world monetary sys- tem. MAY KASE BARRIERS Mr. Turner also said there arc prospects for relaxation of some United States, European and Japanese trade barriers against Canadian exports. This was implicit, he said, la a recent decision by the U.S., Student quotas rapped EDMONTON fCP) The implications of a university es- tablishing quotes when its total student population is declining arc "very University of Alberta presidents Max Wy- man said here. He made the remark as the executive committee of Iho university's general faculties council discussed a plan to limit first-year enrolment in the faculty. The faculty, wliich now has 420 students, wants to approach a ceiling of 500 studenls "by orderly control" over Ihe next three years. Dean G. If. Fridman told the meeting (hat liis law facul- ty now lias a student ratio of 20.7 to one the "worst" of all common I a w schools in Canada. The national average is 17.2 lo one. Dr. Wyman said the faculty must prepare a more compre- hensive report before ajiy de- cisions can be made. -U.ED BIT IHKA HAMILTON