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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 25, 1974, Lethbridge, Alberta mt LbinDHiuue April Weekly incomes trail living cost OTTAWA (CP) Average weekly earnings of about half the country's non-agricultural labor force rose by be- i.veen February 1973, and last February, but the increase was still less than the annual rise in the cost of living, Statistics Canada reports. The annual average earnings for about four million workers showed an increase of eight per cent, while the consumer price index for the same period climbed 9.6 per cent. Between January and February this year, average earnings rose by ?2.22 to weekly. In February, 1973, the weekly average stood at INSURANCE LIABILITY BONDS AUTO FIRE ROSSITER AGENCIES LTD Established 1911 Lower Floor 517 4th Avl.S. 327-1541 Over the 12 months ending in February, average hourly earnings increased by 9.5 per cent in mining, 9.7 per cent in manufacturing and 11.4 per cent in construction Regionally, the average weekly earnings between Feb- ruary, 1973, and last February were as follows: In the Atlantic region the average earnings stood at in February, up from in 12months; Quebec, up from Ontario, up from Prairies, up from and British Columbia, up from 77. The figures include workers in forestry, mining, manufac- turing, construction, trans- portation, communications, trade, finance, insurance, real estate and service industries. The January to February in- crease in earnings was nine- tenths of one per cent while the cost-of-living rose one per cent. The government agency re- ports that all industries showed an increase in average weekly earnings except construction between January and February. The Lethbridge Herald Circulation Department Invites applications from boys and girls 12 years of age or older as paper carriers in the following areas in Lethbridge: 1. Downtown 2. Glendale 3. Dieppe 4. Park Meadows 328-4411 Please Write or Phone L THE CITY SUPERVISOR CIRCULATION DEPARTMENT Ship dwarfs shell A fragile eight-oared shell is dwarfed by the normal pattern of traffic on Lake Union. The shell was being towed by Seattle Pacific College women rowers. Winds on Lake Washington have forced University of Washington men and more protected waters, too. Nixon aides dispute role of vice-president rVWUVUVWVUWIfl By MARJORIE HUNTER New York Times Service WASHINGTON Vice President Gerald Ford has confided to acquaintances in recent weeks that he is perplexed by what he senses to be a feeling of some White House aides that he is attempting to undercut President Nixon. The vice president has concluded, according to those sources, that certain members of Nixon's staff do not understand the close relationship, dating back more than a quarter of a gait toys Guenther's Mobilia has become the representative for James Gait and Company Ltd., England. If you are interested in seeing this excellent line of educa- tional and fun toys, please send SI.00 to: Guenthers' Mobilia 524-17 Ave.S.W. Calgary T2SOB2. We will be happy to send you their 1974 catalogue We are carrying these toys in our Calgary stores and take this opportunity to extend an invita- tion to you to come in and see them. GUENTHERS' MOBILIA in Calgary 524 17 AVE. S.W. 264-2822 MARKET 288-3327 century, that Ford has had and continues to have with the president. The apparent schism between certain White House aides and Ford is not unique in American politics. Presidential aides, at least those in more recent administrations, have always expressed concern over any show of independence by a vice-president. As one vice presidential aide once put it. "There is a difference in the concept of what a vice president should be. The White House staff feels he should be a subordinate of the president, an errand boy waiting to do the president's bidding. They feel that their function is to see to it that the president is No. 1 at all times." The Nixon staff, at least some of those at high levels, are known to subscribe to this view of a vice president's role. Some are willing to grant the vice president at least some measure of independence. But the general feeling of many Nixon aides was perhaps best enunciated recently by William Safire, a former special assistant to Nixon and now a columnist for The New York Times. Ford, Safire wrote, "betrays a lack of understanding of the unqueness of his role, he is the first vice president in American history whose own actions could help make him president." Several recent incidents have reinforced the belief of certain White House aides that Ford is not as loyal to Nixon as he has professed to be. Three weeks ago, in a speech that was not cleared with the White House, Ford denounced the 1972 Nixon campaign organization as "an arrogant, elite guard of political adolescents." A week later, the New Republic magazine published an article, based largely on an interview with Ford, describing the vice president's views on how he would reshuffle the cabinet and White House if he should become president. Manitoba mine policy deters private growth By FRED CLEVERLEY Special to The Herald Manitoba's new mineral resource policy, unlike the oil pol- icies of Alberta and Saskatchewan, goes well beyond the prin- ciple of returning more natural resource wealth to provincial residents through taxation of private enterprise. In Manitoba, there appears to be an active desire on the part of the provincial government to discourage further private min- ing development and replace it with government operations. Recently Mines Minister Sidney Green, who is considered to be on the far left of Premier Ed Schreyer's NDP cabinet, said he was unconcerned that the new policy might mean a partial withdrawal of private enterprise from mineral exploration and development in Manitoba. He simply promised that every withdrawal on the part of private business would be met with an increased public effort financed by the government, and announced close to an eight- fold increase in the budget of Manitoba's Resources Devel- opment Corporation to back up this promise. Rather than having half a million dollars a year to spend on mineral exploration, the government company will get close to million. The resources policy, announced four hours before a provincial budget doubled mining taxes, have left private min- ing companies in Manitoba wondering just what future they have. Only benefit The resource policy, apparently based on what Mr. Green calls an "in house" study of the year-old report on Manitoba mining produced by former Liberal cabinet minister Eric Kie- rans, has rejected outright Mr. Kierans' proposal that all ex- ploration and primary development of minerals in the province be taken away from private industry and vested in the government. But that rejection was the only benefit to accrue to the mining companies as a result of the government study. The announced mineral policy leaves the companies facing a floating taxation rate which will be set in the future not by the legislature but by the cabinet. They are also faced with the situation where if a company discovers a lucrative ore body, the province will have the right of initial purchase of up to 50 per cent interest in the develop- ment of the body, or a lesser percentage depending on the mood of the provincial cabinet at the time. In addition, the companies will face a new, surcharge tax, to be determined by the cabinet and to fluctuate with the market price of the commodities. The tax, according to Mr. Green, is designed to prevent windfall profits going to a company which just happens to be "in the right place at the right time." All of which adds up to a package not likely to be bought by any company contemplating the risk of capital in a new mining venture in Manitoba. The companies, predictably, are concerned that the new mineral resources policy was adopted without any apparent reference to a detailed economic report, prepared by the consulting firm of Hedlin-Menzies at the request of the com- panies, which argued effectively against much of the policy as it has now been announced. This report, in which the companies appeared to adopt a stance more in keeping with revised public thinking, argued in favor of future joint exploration ventures along the lines of Pan- arctic Oils, where federal money and private capital is developing oil and gas deposits in the north. Joint venture Manitoba has apparently decided that exploration will be either public or private, but that private discoveries will be subject to joint venture if and when they are discovered. It has been argued that the imposition of the federal capital gains tax had an adverse effect on Canadian mining, where the prospect of quick, tax free gains spurred prospectors to overcome the physical obstacles and pick at rocks, walking swamps in the process. The same promise of gains often gathered private investments, where capital sought tax-free profits. If a simple, capital gains tax could adversely affect explor- ation, the new Manitoba policy could effectively kill it. Manitoba mining companies, especially the big Sherritt Gordon, Hudson's Bay Mining and Smelting and Fal- already reacted with statements saying the new floating taxation system will leave them unable to effec- tively plan in the future. The companies argue that the price of minerals fluctuate regularly, and the prospect of a new surcharge tax to skim off the profits when the price is high, will discourage efforts be- cause there is no guarantee of subsidies when the prices drop. Three cheers THREE AGED AND BOTTLED IN BOND SUPERVISION OF THE CANADIAN GOV ;