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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - April 26, 1973, Lethbridge, Alberta ihurjtfay, April to, iHE HEKALU TOKYO (Reuter) Japan announced today a plan to open nost of its industries to wholly- >wned foreign subsidiaries tarting May 1. The plan, recommended by he foreign investment council, an advisory body, will be for- mally adopted by the cabinet 'riday, the finance ministry said. The plan keeps case-by-case creening for foreign in- vestments in four categories in- luding primary industries re- ated to agriculture, forestry, and fisheries, the oil industry, eather manufacturing, and re- tail trade. In the mining in- dustry, approval would be per- mitted only for 50-50 joint ven- ures. Heron flight Great blue heron sweeps out of nesting area in Vancouver's Stanley Park to search for food. Some trees in park have become heron apartment blocks with many birds building nests for soon-to-arrive young. Gotft 9 postmasters' union hurdle barrier in contract OTTAWA (CP) A major barrier in contract negotiations between the 8.000-member Ca- nadian Postmasters' Associ- ation and treasury board has been hurdled with agreement of the government to make lump- sum payments to about one- third of the union's members. Contract talks have been go-' Ing on since last summer, but were stalled for about four months when the parties dis- agreed over pay to 2.700 post- masters who run post offices in their own premises. The last contract ended in September. Members of the association fall basically into three cate- gories: grade postmasters are public servants and who work in larger post offices; 1.000 group postmasters who work in. Crown-owned or leased buildings: and the group postmasters who run their one- man postal businesses in small communities from their homes or stores. The group postmasters are not public servants. Union negotiators feel that the government is not paying the postmasters the fed- eral mininmmjrage of an hour for time they are alleged to be tied to their offices. The association has main- tained the postmasters should be paid for a full 40-hour week, while government spokesmen sav the employees are not pro- viding full service to the post office. The agreement reached be- tween the parties provides for S2 million to be distributed in lump sum payments to the union members. With that problem out of the way, collective bargaining has resumed and the union has sub- I LEASE From your Franchisee! New Car Dealer Batter Service Focilititt Regular Warranty Inspections Better choice of models I More Flexible leasing Plans Your lease can include maintenance, licence, and insurance INQUIRE NOW INTO THE ADVANTAGES OF LEASING OVER BUYING Contact BORIS KORESHENKOV Beny Automotive Enterprises Ltd. 2nd Avenue and 8th Street S. Phonr 328-1101 roiitted its financial demands for other members to the govern- ment. Treasury board is ex pected to reply to the demands shortly. D. A. Blackie, national presi dent of the union, said Tuesday in an interview that he is anx- ious to reach settlement on the contract. Hafez names 17-man cabinet BEIRUT (AP) Premler- desigcate Amin Hafez named a 17-man cabinet today that as- sured Lebanon continuity in for- eign affairs a moderate stance toward the Palestinian guerrillas. The list bore' the stamp of President Suleiman Franjieh, who chose Hafez after Premier Saeb Salam resigned in the wake of the Israeli commando raid on Beirut April 10. The defence and interior min- istries went to parliamentary deputies Fuad Ghosn and Bashir Awar, taiown to support Ffanjieh's policy of firm inter- nal security without risking a showdown with the guerrillas. Foreign Minister Khalil Abu Hamad retained the post he has held in the two governments since Franjieh was elected in 1970. He was one six holdovers from the Salam government The Easy Choice. Japan to invite f oreien investment Seventeen other industries are to be freed from restrictions within fixed periods of up to three years. They icclude integrated cir- cuit manufacturing, to bs freed after 19 months; manufac- turing, sales or leasing of elec- tronic computers after 31 months and photo-sensitized material manufacturing after three years. Foreign investments in all ether industries will be frsed from May 1, as far as estab- lishment of new firms is con- cerned, the ministry said. MAY BUY STOCK The announcement also said that, after introduction of the new measures, all acquisitions of stocks by foreign investors in existing Japanese companies will be allowed, provided in- vestment does not constitute a "takeover" plotted against ths wishes of the company con- cerned. This, however, excludes the five industries for which case- by-case screening is required or only 50-50 joint ventures are permitted. The 17 countries to be fresd after set periods include feed manufacturing, food processing, manufacturing or wholesale tiade in apparel, medicines or agricultural chemicals manu- facturing, packaging or packing machinery manufacturing, elec- tronic medical instrument or electric measurement manufac- turing, phonographic record manufacturing, real estate busl-, ness, and information process-' ing. All are to bz liberalized after two years, except the last one, which is to be 50-per-cent liber- alized after 19 months and fully liberalized after 35 months. WELFARE CUT NIAGARA FALLS, Ont. fCP) The number of people on wel- fare in Niagara Falls decreased from in February to at the end of March, said Maur- ice Fraser, director of Metro Niagara social services. He at- tributed the decline to winter works programs and increased unemployment insurance bene- fits. Gasoline price hike expected MONTREAL (CP) An oil company executive said Tues- day he expects gasoline prices to increase by 10 to 12 per cent in the near future. M. R. Boyer, vice-president of marketing for Calex, said trans- port costs have increased by 300 per cent in the past 15 months and during this period, his com- pany had to increase the price of gas by three cents a gallon. He said he expects other major gasoline marketers to make fur- ther increases soon. The smooth taste of quality that is unmistakably Seagram's. FIVE STAR CANADIAN RVB WHISKY V Seagram's FIVE STAR Canada's largest-selling rye whisky. and bottled by Jcwpb E. Scacum Soas, Ltd., atctloo, UnU No-Iron Bed Fashions r from Wabasso Combine ii- Quality Good Looks Marvel Press No-Iron Permanent Press 100% Cotton Sheets and Pillow Slips It pays to buy the best and that's what you're getting with these colourful 'Capri' bed fashions! You're getting up-to- the-minute styling plus long life (these sheets and slips from Wabasso have an approximate count of 116 threads to the inch and shrinkage of less than In Lilac, Gold, Pink. TWIN DOUBLE Rot fitted Fitted PILLOW COTTON EACH EACH PAIR CANADIAN MADE VALUES FOR BEDROOMS Stripes Abstracts from Leading Makers for Beauty, Long Life and Easy-Care FASHION STRIPE 'RIVIERA' comes in 50% Fortrel which means no ironing and hes wide floral border on flat sheets. In Pink, Gold, lilac. Green, Earth. Geometric 'Ventura' is a Marvel Press mix of 50% cotton 750% Polyester which means into the washer, dryer and back on your bed! Choose from Royal, Cerise, Avocado, Tangerine or Lilac- TWIN Flat Filled DOUBLE fined PILLOW 5.66 C.88 0.89 EACH EACH PAIR Flannelette Tex-Mode bleached cotton can vssi With I t T 5 p f-f or Green. 2.47 Easy-Care Blanket Needle woven of 60% Polyester royon by (coding Avocodo. EACH 6.77 Soft Down Pillow Enjoy the neovenTy Or OOC49 end down or 8'ue. 20' x EACH 4.48 Budget-Priced Blanket in 2 Sizes from on bTOurt- M unodes reserve the Right To Limit Quantities. COLLEGE SHOPPING MAll 2025 Mayor Magroih Crive DEPARTMENT STORES A OTVIWOW or r.w. wow-warm eo. ui IF YOU TAKE AWAY OUFTtOW PRICES YOU'VE GOT A REGULAR DEPARTMENT STORE ;