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Lethbridge Herald, The (Newspaper) - April 27, 1974, Lethbridge, Alberta Hungry nations request wider income share UNITED NATIONS (CP) The UN is struggling with the mammoth problem of how best to help impoverished countries meet twin threats of starvation and economic disaster caused by international inflation and high oil prices. The General Assembly, in a special session called to discuss raw materials and development, has been debating the question for more than two weeks but Flooding payment sought EDMONTON (CP) Ottawa will be sympathetic to any request from the Alberta government for aid in making an acreage payment to farmers suffering crop loss through flooding, a National Farmers Union spokesman said Friday. Bill Dascavich. the union's Alberta co-ordinator, said he had just returned from Ottawa and meetings with the senate agricultural committee, government and opposition party representatives. "Informal discussion with Agriculture Minister Eugene Whelan indicated that once the Alberta government makes a formal request for aid, Mr. Whelan would be prepared to recommend federal Mr. Dascavich said Recent flooding throughout Alberta added to the anticipated loss of crops not harvested last spring due to an early winter. Much of the grain could have been salvaged had thousands of acres not been inundated by spring runoff water. "I was encouraged by Mr. Whelan's Mr. Dascavich said. The union official said he has had no reply to a letter sent April 4 to Alberta Agriculture Minister Hugh Homer requesting a commitment for aid on an acreage basis. appears to have made little progress. The work now is continuing in committee, with the session scheduled to end Monday. Delegates have literally been swamped with documents and working papers offered by more than 25 countries proposing various measures to help the developing nations, as the poorer countries are called. But the developing regions want more than that. They produce much of the world's raw material for the wealthier industrial coun- tries, make up 70 per cent of the world's population and yet receive only 30 per cent of the world's income. BIG DEMANDS MADE Now they want a new international economic order, a larger share of the world's wealth, greater influence in international affairs, more control over multinational companies operating within their borders and more money for their natural resources. One of the most critical problems they face is a shortage of food More than a dozen of them, mostly in Africa and Asia, face starvation diets if they cannot get more help. Shortages result .partly from high oil prices since oil is the primary base of 80 per cent of the fertilizer used in Africa and Asia and fertilizer prices have climbed beyond the reach of many of the poorer countries. External Affairs Minister Mitchell Sharp, addressing the special session, announced additional Canadian aid to meet emergency needs, particularly of food and fertilizer. Earlier, he told UN correspondents that at the end of the current crop year the world will have only about three weeks' supply of grain left in its stockpiles Secretary General Kurt Waldheim warned in a statement to the assembly that the "fate of millions of people may well depend, within the next few months, on what this special session does, or does not do." B.C. trade officials off to Hanover, Milan VICTORIA (CP) Representatives of nine British Columbia companies which manufacture a variety of products will take part in trade at Milan and Hanover this month as a trade mission organized by the provincial government, it was announced this week. First stop for the group, which is headed by F. C. Mackay, trade and industry counsel to the industrial development department, will be the 52nd annual International Trade Fair at Milan. Next is the Hanover International Trade Fair, Europe's largest, where the B C. mission will join exhibits from 100 countries. Represented on the 10-man trade mission are manufacturers of fork lifts, fire alarms, central heating systems, battery chargers, lighting fixtures, injection molded plastic products, water heaters and radiators, industrial rubber products, plus an official of the B.C. research council. Saturday, April 27, 1V74 int LEIMHNIUUE Inflation gives contract jitters Venezuela policy change cuts supply OTTAWA (CP) A change in Venezuelan oil policy has led to a cut of about five per cent in supplies to Canada since about April 1, a National Energy Board official said Friday. The move resulted from a Venezuelan desire to conserve natural gas produced in conjunction with the oil. Pressure of natural gas Dissident investors defeated TORONTO (CP) There was a twist at the annual meeting of Giant Yellowknife Mines Ltd. this group of dissident United States shareholders tried to get a U.S. citizen on the board of directors. They failed. The group convinced J. Smith of Salt Lake City to stand for election, but Ray Strehlow of Milwaukee and Peck Hayne of New Orleans admitted they had no solicited proxies. Mr. Smith then withdrew his name. Mr. Strehlow, who vowed the group would be better prepared for next year's meeting, said 75 per cent of outstanding shares of the company are held in the U.S. Falconbridge Nickel Mines Ltd. owns just under 20 per cent. Giant Yellowknife reported first-quarter net profit of million or 33 cents a share, re- sulting mostly from higher gold prices, compared with and 15 cents in the corresponding quarter of 1973. reserves where oil is found helps in bringing oil to the surface. Operators in Venezuela had been pumping at maximum capacity and burning off the natural gas. An NEB official said a growing awareness of a need to conserve resources has led to a change by the new Venezuelan government in production practices. The government has ordered operators to slow production rates and thus waste less gas. In North American wells the natural gas is recovered and used but in Venezuela there is no natural gas pipeline network to use the byproduct of oil production. "It's a general cut. It's not a cut against the NEB official said. Slightly more than half of Canada's imported crude oil supplies have historically come from Venezuela. During the winter, crude oil imports were in the range of to barrels a day Imported oil has been used to supply the Ottawa Valley, Quebec and the Atlantic provinces while the rest of the country has used Western Canadian oil. Because of increased prices for oil, Venezuelan government revenues have risen sharply and a production cut now is relatively insignificant in terms of revenue needs. Among major oil companies operating in Canada, Imperial Oil Ltd has relied mostly heavily on Venezuelan sources for its offshore supplies. Oil now is readily available on world markets at about a barrel and Canadian crude oil is a barrel at the wellhead. SHIPPING INCENTIVE Thus, there is an incentive for companies to use Great Lakes tankers to ship oil from Sarnia, Ont., the terminal of a pipeline from Western Canada, to refineries at Montreal, which have been supplied by imported crude oil. Truckers seeking more U.S. routes Petrochemical shortage boosts Edmonton firm EDMONTON (CP) After a 20-year struggle for markets and economic survival, Cana- dian Industries Ltd. (CIL) has suddenly got more business than it can handle at its Ed- monton plant. "We're finally getting a rate of return equivalent to bank says E. W. Lucht, plant works manager. It took a world shortage of petrochemical products and higher prices to improve the company's position. Its plant here extracts ethane from natural gas and processes it into 50 different grades and qualities of plastic resin. The resin, in the form of small pellets, is shipped to a variety of manufacturing firms which produce everything from plastic pipe and sheets to toys and freezer trays. CIL's recent success has en- couraged the company to pro- pose a much larger petroche- mical facility. Its existing 30- million plant, built in the 1950s is a small-scale version of part of a project it hopes to build in partnership with Alberta Gas Trunk Line Co. The new project would produce a high-density plastic favored for molding. The existing plant extracts its raw material from ethane- rich natural gas produced from the Judy Creek field. 110 miles northwest of here. The proposed project would strip ethane from natural gas moving through pieplines to the Alberta border. The ethylene plant and plastic production facilities planned by CIL and AGTL would produce a billion pounds of plastic resin annually, or almost 15 times the existing plant's capacity. LITTLE EFFECT The new plant would have little effect on the existing plant, which employs 270 persons. Mr. Lucht says the plant here has been operating at capacity for three to four years but prices for plastics were too low to justify a major expansion. He said the lack of large local markets, distance from other Canadian markets and tariffs which made the United States market inaccessible made it impossible to build a world-scale plant in Alberta. "There is a great deal of in- decision right now about building new plants, but unless we move quickly other people will make firm plans to take advantage of the market opportunities None of the Edmonton plant's production is sold outside Canada and about 25 per cent remains in the west. CIL's situation, however, is not unique in Canada's pet- rochemical industry. The Canadian Chemical Producers' Association reported that by mid-197? total industry capacity was running at almost 100 per cent. The association said the selling price for chemicals was 6.9 per rent higher than the previous year by September "and the rate of increase in prices has been escalating in recent months." CALGARY (CP) Alberta trucking authorities want a special meeting with their United States counterparts to end what they call a "near monopoly" of Alberta U.S. trucking trade by American carriers. A highways department spokesman said Friday the Alberta highway traffic board requested the meeting in a letter sent April 5 to the Washington based Interstate Commerce Commission, the federal authority which regulates all foreign truckers entering the U.S. Departmental solicitor Eugene Syska said the board will press the ICC to play fair with Alberta truckers by granting them more U.S. travel authority, ending an imbalance which now sees 30 U.S. trucks hauling loads in and out to the province for every Alberta vehicle allowed to haul south of the border. WARNED Highway Minister Clarence Copilhorne has warned Alberta is prepared to get tough if the ICC ignores the board's request. In a recent interview, ne said if the ICC does not allow moic Alberta trucks into the U.S., the Alberta government may retaliate by suspending trucking rights enjoyed by U S firms here. "When they object to our trucks going into their states, I just kind of lose my belief they should have their trucking authority here." He said if negotiations with U.S. authorities fail, the issue would be whether to revoke Alberta travel authority held by U.S. firms or simply let them run out. But Mr. Syska said the department was still awaiting an ICC reply to the request for talks and considers suspension of U S firms a last resort. "We sure hope we don't have to go into that (suspensions) because in the long run the one to suffer would be the he said. "But we feel that if we are good enough to let them do this, (carry as many as 300 loads across the border per day to points in Alberta and Alaska) they should be good enough to let some of our Canadian truckers haul into the U.S. "We are willing and able to go down and meet them in Washington and that is what we have requested." Weapon A St. Catharines, Ont. inventor has developed the first oil spill cleanup boom demonstrated to be effective in flowing water with medium and fast cur- rents. Inventor Hermann Steltner, left, President of Steltner Development and Manufacturing Co. Ltd. of St. Catherines displays the features of the new boom with the firm's engineer, Bill Van Maanen. The boom was developed over a period of two and one-half years with more than in financial backing from the Petroleum Association for Conservation of the Canadian Environment. Auctioneers 'tidy up' Clairtone STELLARTON, N.S. (CP) apparently wrote the final chapter this week to an ill-fated attempt seven years ago to bring a major electronics industry to Nova Scotia. More than articles ranging from steel roller conveyors to office furnishings of Clairtone Sound Corp. were sold publicly to "tidy Clairtone building which Industrial Estates Ltd., an industry-seeking Nova Scotia Crown corporation, hopes to rent to another tenant. Last month, the province announced that Electrohome. another Canadian electronics corporation, had purchased a larger Clairtone building here.. Clairtone began operations in 1966 and at its peak employed persons in the Pictou County area of eastern Nova Scotia. Its shares brought a peak in trading on the open market in 1967 but fell to a mere 30 cents on the Toronto Stock Exchange by the time it was delisted in 1971. NOTICE OF APPOINTMENTS Strong Lamb Nelson Ltd. Consulting Engineers, Town Planner Land Surveyors D.R. Low, B.Sc., P.Eng. W.E. Bright, A.L.S., S.L.S. S.R. Nelson, P.Eng. President of Strong Lamb Nelson Ltd is pleased to announce the appointment of D R. Low, P.Eng. as Senoir Vice-President in charge of the Alberta Region of Strong Lamb Nelson Ltd., and Walter E. (Skinny) Bright as Manager of the Calgary branch. Both Mr. Low and Mr Bright are Senior partners in the firm and represent a broad base of consulting engineering and legal survey experience throughout Western and Northern Canada. Mr. Low will be resposible for the coordination of services in Edmonton, Calgary and Leth- bridge branches, and will serve as the senior advisor to those groups. TORONTO is giving contractors the jitters. As prices of materials soar, they're refusing to bid for work on a fixed-price basis. When a government depart- ment requests bids on a multi- million-dollar project, for ex- ample, even big well-financed contractors are insisting on clauses to cover rising prices or some other protective measures. Canadian General Electric Co. Ltd. (CGE) Canada's larg- est supplier of power trans- formers and other electrical apparatus, has given notice it won't take a chance on ex- tended contracts even for small orders Price-increase clauses pre- viously applied on CGE orders of more than Now it covers orders under that amount and will be based on Statistics Canada price indexes. Big Foundation Co. of Canada Ltd., prime contractor on the CN Tower in Toronto, was awarded a job by the Canadian government on a fixed-price basis and it isn't happy. A TAXPAYER WORRY Government officials shudder over escalation clauses. Their customers are the taxpayers who like to know what a big project will cost. A contract official in On- tario's ministry of trans- portation and communication says' "We're against escalation clauses because they make it appear that government is en- couraging inflation. Not only do we have to go easy on spending dollars, we have to appear to be going easy." Public works officials fear that if a contractor knows he'll be reimbursed for higher-than-expected labor costs over the life of a contract he'll not struggle to keep wages down. Then there's the question of dealing with sub-contractors. "Do you let the electricians, plumbers and other sub-con- tractors all the way down the line put escalation clauses in their bids to the main con- a federal contracts official asked. "Where do you draw the line9" PASS ALONG COSTS Big companies, unlike governments, can often pass along rising costs in the form of higher prices And, unlike governments, they can avoid the public tender system which applies to governments by law. Price-increase clauses have become common for companies dealing with contractors, especially the "cost plus service fee" bid It involves charging the owner wiih actual costs, increased to reflect labor and materials costs at estimated levels over the life of the contract. The owner is given access to the contractor's books at all stages to assure himself that he's paying the true costs. Above such costs, the con- tractor gets an agreed-upon lee which increases if he "comes in" under estimated costs. A compromise system in- volves appointment of a project manager to administer the job within the bounds of a set budget. He awards contracts as the need arises, not months or years before work begins. He can also act on cost-saving op- portunities as they arise. Drought destroys wheat crop AMARILLO, Tex. (AP) The Texas Panhandle's dryland wheat crop is lost, the victim of a severe drought, bugs and several weeks of hot, blustery winds. The cost to farmers: million, perhaps more. Officials in Washington said the impact nationally is min- imal The United States department of agriculture says that with the exception of some drought areas of New Mexico and western Texas, this year's crop is "generally good in all areas of the nation." And dealers note that wheat prices, while somewhat higher, don't appear to be reflecting the Texas drought. STUDY CRIB DEATHS WASHINGTON (AP> President Nixon signed into law Tuesday a bill designed to increase research and counselling on "sudden infant death or crib deaths. The measure authorizes million over three years for collection of information on the deaths and counselling of families af- fected by them. About children die mysteriously in their cribs each year. H. H. Smith Ltd. Customs Broker 328-8141 mow Kmesgite 604 424-5458 COUTTS Home Office Phone 344-3822 THE 5359 Calgnry Trnil EDMONTON Telephone 434-3431 037-2610 For 1 to 5 Year Term GUARANTEED SAVINGS CERTIFICATES Interest payable monthly, quarterly, terni-annually or compounded to maturity. Member Canada Deposit Insurance Corporation Depositors can purchase Olympic Coins FARMERS ft MERCHANTS TRUST 309 7th Street S., Lethbrldge Phone 320-5948 ;