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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 23, 1974, Lethbridge, Alberta M-THE LETHBRIDOE HERALP-TutKUy. April 23. LEAN OUT EFTOVERS IN YOUR TTIC BEFORE THEY TART A FIRE. ELL THEM N A HURRY BY F I E D AST PROMOTION N A WANT AD VERYONE READS AND EPENDS UPON. CLASSIFIED A D S DS TO GET ESIRED AND PEEDY RESULTS 115 WORDS J15 WORDS LOW -3 DAYS...... 2.48 6 DAYS 4.05 The Lethbridge Herald i Waldheim seeks special fund 12 countries facing 'life-death struggle' 1 1 I By KATHLEEN TELTSCH New York Times Service UNITED NATIONS Secretary General Kurt Waldheim is pressing the wealthy countries the oil producers and the industrial powers to set up urgently a special fund to rescue the countries most affected by soaring oil prices. He is telling potential donors privately that a number of countries face "life-death struggle" in the next few months and that they cannot wait for the kind of long-term reforms that are being discussed in the special general assembly session on raw materials and development. The World Bank has said that 12 countries are particularly threatened and noted that they have a combined population of more than a billion. The countries are Bangladesh, Bolivia, Ethiopia, India, Kenya, Mali, Pakistan, Sri Lanka, formerly Ceylon the Sudan, Tanzania, Uganda and Zaire. Waldheim, during an interview appraising the progress of the assembly, stressed the need for fast action on the special fund. He is optimistic about prospects that the membership will agree on a set of guidelines to establish what the underdeveloped countries call "a new international economic order." He is hopeful that the members will come up with a program to begin to put into effect some of the new ideas about commodity arrangements, trade preferences and monetary policies. But the secretary genera! fears that efforts to set up the special fund are faltering. Since the assembly is scheduled to end April 29, he is privately seeking a commitment from the wealthier countries to establish the fund. Officials of the United Nations and the International Bank for Reconstruction and Development, or World Bank, feel that the full impact of the oil prices will not be felt until the bills arrive for the next quarter and the one after that. By that time, the officials feel, it may be too late to help countries .such as Sri Lanka, which told the assembly that it was "on the brink of disaster." Several proposals for aid funds have been made. The most concrete one was initiated by the Shah of Iran last February during talks with Robert S. McNamara, the World Bank president, and Johannes Witteveen of the International Monetary Fund. Shah Mohammed Reza Pahlevi proposed a billion fund for the neediest countries. Oil exporters, industrialized countries and the poor countries were to share management and voting power equally in the fund. It was suggested that billion would come from the oil producers, million from the nine members of the European Common Market and billion from industrialized countries outside Europe including Japan and the United States. Iran's finance minister, Dr. Jamshid Amouzgar, has been trying here to line up support for the proposal but he conceded the other day that the only backing he had 'received was from Algeria, Venezuela and Libya, which are members of the Organization of Petroleum Exporting Countries, and from Norway. "If the assembly wants to go on with its rhetoric, it's all the Iranian minister said, "but speechmaking is not a substitute for food for people who are starving or for fertilizer for the crops which are failing." Secretary of State Henry A. Kissinger, in his assembly speech, also stressed the plight of the poorest countries, but the United States is said to be unenthusiastic about a new fund and more interested in contributing to the UN capital development fund, which has supported only a few modest aid projects. According to Waldheim, the policy statements in the assembly so far reflect the "political will' of the rich and poor countries to co-operate and to avoid confrontation, and he feels that this is a significant accomplishment. I That's the idea, if not the literal translation, in Japan's traditional a "brush-in" that opens the Janu- ary school semester. Using their best pensmanship or brushmanship students express their hopes for the coming year "good "new spring, new decision" and similar uplifting thoughts on poster-sized sheets of rice paper. A steady hand is essential and sturdy knees help in "Kakizome." Using new brushes and fresh ink, Japanese students need skill and patience for the New Year's calligraphic demonstration. And no erasing once brush touches white rice papter, the artist-writer must keep going. The best examples may be entered in national competitions. ;