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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 11, 1971, Lethbridge, Alberta tlnidge Third Section Lclhbridge, Alberta, Saturday, December 11, 1971 Pages 25 to 32 Quick solutions sought monetary officials SNOWMOBILE A family in the lown of Braina.d, New York, got out of the snow. The snow-carved vehicle may last until spring and is a together afler a 22-inch snowfall and built themselves this automobile full scale replica of cars out of the thirties._________________________ Former NDP lender busy in retirement air for Tommy Douglas OTTAWA fCPi Tt Douglas bul IB rcai l shtkcr when hn was chant UH lci-un''y of tired parly Ics'dcr. letters a the Douglr.s dcrk. There arc speaking invitations from all over North America, of which about three a week are ac- cepted. There are visits cvciy sec- ond week to his Vancouver Is- land constituency. There is the Commonwealth P a r 1 i a- mentary Association. Ami there are university lectures to prepare, along with fre- quent church sermons. In short, little Tommy ending his 10-year leadership of tho NDP, is champing at the hit. There is no rocking in his cffi'.'C. despite this, and despite e'.-.ittcr of Idlers, docu- ..i.'i s reports en his hravily-workcd desk, it re- mains of Parliamsnt's most offices to visit. because the pug- ilisi-tiirncd-prcacher-turncd. politician still has marc wit across i anti warmth than just about Douglas, six after ciian. anybody in the business. Despite a scaring schedule, he now has a bit more free- dom in arranging his time. If thi> perky MP, now 67. can be found, he's usually willing to have a chat. Until his retirement, he had been a party leader for 27 17 of them as premier of Saskatchewan. And now he was being asked what he would do if he new were a 21-year-old Cana- "I'd go into politics. But I would train myself first by studying economics, sociology and law I wouldn't have any specific preference re- garding federal or provincial politics." Now that he had six months to think about it, was there any one thing he wished he had done differently as leader of the NDP? He thought for a long time. "I dcn't consciously know of any place along the road where I could have done anything to give us any more rapid suc- cess." Mr. Douglas loves to talk about the think I now have more enthusiasm and dedication than I've ever he'll go on for hours about the social prob- lems facing Canada. But now, without the pres- sure of the leadership, he has more time to throw in those famed Douglas anecdotes. TICKETS EACH 1 GOOD FOR ALL 1 DRAWS .SWEEPSTAKES i FIRST SECOND PRIZE.... THIRD 70 PRICES OF EACH ALSO 3 i !LY BONUS DRAWS y TOTAUIN; 4 _________ZONE._________PFIOV.-. The only other politician close to Mr. Douglas in telling jokes on himself is tenner Mime minister Lester Fear- son. Why didn't he do more with his humor? "I've tried to Evoid aTiy image of being the Bob Hope of politics. The purpose of humor for me is to build a bridge with my there is no better way than to let them know you can laugh at yourself. you can't hate someone you have been laugh- ing with." WRITING A BOOK At this point, the five-foot, four-inch, politician an- nounced that he is working on a book about humor in pli- a book about humor in poli- tics. If he can get his wit into words, it will be well read. Since the NDP had not achieved any major break- TOMMY DOUGLAS Chomping at the hit through in its 10-year exist- ence, did Mr. Douglas some- times wish he had remained premier of Saskatchewanu "No, I never had any re- grets about that. Responsibil- ity has to be passed on to younger men, and I had an- other job to do." What surprised him most about being- a non-leader? "There has been no diffi- culty in the adjustment, but I probably didn't think the ac- tivity would remain at quite as high a pitch. However, there is far less have only one constituency to worry about, not every one in the country." TURNED DOWN FEES Mr. Douglas said he has turned down invitations to go on the U.S. elcture circuit at handsome fees, but is plan- ning to spend more time visit- ing universities. The easiest group of people to address? "Party supporters. I can prepare a speech in half an there isn't much value in speaking to people who agree wilh evcrythinp you say. The most useful speeches arc made to non-po- litical groups." The little Scot said IK can prepare n St. Andrew's Day speech in a few minutes. But for one on St. George's Day speech, he worked for three days. Meanwhile the mail was pil- ing up, the phone was ringing and someone was at the door And the beaming bantam was his element, handling al' three. "Haven't felt so well in 2( years." By KEVIN DOYLE Canadian Press Staff Writer Scrambling to restore order in ic international system of rade and finance, world mone- ary experts appear to have set side earlier plans for funda- mental reforms in favor of Many officials, including Ca- adian Prime Minister Trudeau, cw expect a possible realign- ment of major currencies and emoval of the troublesome Jnited States import surcharge Christmas. Trudeau said after a recent Washington meeting with Presi- ent Nixon he hoped for such a realignment at a meeting next week of the 10 leading non-Com- munist industrial countries, the Iroup of Ten. But many observers argue ha1, solutions which seem to be taking shape will do little to lasting stability in the vorld economy. U.S. TOUCHED IT OFF The current problems arose when the U.S. imposed the 10- )er-cent surcharge and sus- >ended the dollar's gold con- vertibility Aug. 15 in an attempt x alleviate a chronic balance- of-payments deficit. The Group of Ten met in Lon- don within weeks of the U.S. move amid countless state- ments by finance ministers that ong-terrn settlement1; must be sought to correct the U.S. im- >alance, stabilize currency .ransactfons and eliminate simi- ar problems in future. But at a September meeting in Washington and a Rome con "crence earlier this month, the ministers appeared to have abandoned, for the time being at least, their earlier Icng-term efforts. Some experts, including sev eral prominent economists, now say the vague outlines of a pos sible solution which appears t be taking shape offer no indica tion of any fundamental reform in the system. FORECAST RESULTS They believe any settlemen which may emerge from meeting of the group in Wash ington next week is likely t contain the following paints: Japanese yen would b by 16 per cent or more, the West German mark y at least 12 per cent and the French franc, the Italian lira nd UK British pound sterling y about five per cent. Canadian dollar would ikely continue to float in rela- ion "to that of the U.S. U.S. would not object to he International Monetary it has the luthority to do--that the new atcs have the practical effect of increasing the dollar price of ;old by about 'ive per cent. the franc, sterling and the lira would not change their price against gold since their revaluation would be offset by the effective devalua- ion of the dollar. the lira, franc and jterling would be called "Pivo- al currencies" and the devalua- ion of tlie dollar could be re- erred to in terms of these cur- rencies without any reference to gold. EFFECT; DEVALUATION This plan would have the ef- ecf of bringing about an effec- ive devaluation of the dollar, which the U.S. has said it is wiling to consider, while avoid- ing a congressional debate on :he contentious gold question. The U.S. has also insisted on reduction of trade barriers anf a greater sharing of Euro- pean defence costs in return for elimination of the surcharge. Other members of the Group of Ten have indicated willingness to dismiss both matters and some progress has already been made. Critics of the compromise, which appears to be under con- sideration, argue that if the U.S. imbalance is corrected in this way, the supply of American dollars available to other coun- tries will be greatly reduced. If the U.S. buys less abroad, they say. there will be fewer dollars in the world market. These commentators argue that any settlement to be effec- tive must provide for a new re- serve asset to take the place of national currencies. This could be done by enlarging each coun- try's special drawing "paper the IMF. Sir Leslie O'Brien, governor of the Bank of England, is among experts who believo SDRS should be turned into a single world reserve asset wilh national currencies added only as part of working balances. This would provide much of thr liquidity needed as the U.S. payments position improves and as Britain reduces some of 'Is sterling balances in preparation for the U.K.'s expected entry into the European Common Market. O'Brien told a recent London investment conference that major trading countries no K iger want a world dominated by dollars or sterling. But most agree any such hopes for such dramatic reform are likely to be severely disap- pointed when and if a settle- ment of the current problems is reached. Here's new twist paid- more than men WASHINGTON Labor Department said yes- terday it is suing 14 McDon- ald's restaurants for paying women more than men for the same work. Under the Equal Pay Act it is illegal to pay different rates of pay to men aid women for work requiring the same skill, effort, and re- sponsibility at the same es- tablishment. However, nearly all equal-pay cases involve discrimination against wom- en, not men. In the latest action the gov- ernment said it has brought suit in U.S. District Court in Milwaukee alleging that 14 McDonald's restaurants in Wisconsin paid 425 young men from 15 cents to 40 cents an hour less than women do- ing the same work. The suit seeks back pay plus six-per- cent interest and a court order against future sex dis- crimination in pay. fou and your domestic "power hour" Look at the difference 20 years made to the cost of keeping your food frigid. THEN: The electric refrigerator wasn't beautiful but it certainly "refrigerated." Re- member that icemaker? Solid ice! And the rest of fridge would ice up too. The food was kept cool (sometimes too cool) for a power cost of NOW! The latest models have doors for freezer and refrigerator. They keep but- ter soft. They even come in pretty colours. And the power cost is only 1.75 a month. 1.OS a month. Despite continually increasing costs, the price of electricity Is far less than 20 years ago CALGARY POWER ;