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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 11, 1973, Lethbridge, Alberta Campaign from wheelchair umemmomr me LtiriDmuuc All mine The smile belongs to Edith Shannon of who won the sum in recent Grey Cup football lottery. She deposited her winnings in Vancouver bank yesterday just for bank officials let her feel the weight in cash. Bill to freeze oil profits proposed by Sask. gov't. REGINA Profits from Saskatchewan oil would be effectively frozen under a government bill introduced in the provincial legislature Tuesday. The bill would impose a special effective Jan. that would give the provincial government the difference between the going price for oil and a set wellhead price that would be the maximum oil producers could receive. Premier Allan Blakeney and Industry Minister Kim Thorson told reporters the new provincial tax would in effect replace the federal ex- port the revenues from which have been demanded by the province. Other measures in the com- plex bill to limit oil produc- tion so oil is conserved for future generations. acquisition of title to all major oil and gas reserves in a technical legal move designed to prevent federal legal challenges to conservation regulations. to ensure those now receiving oil royalties will continue to do even though ownership of oil rights has technically passed to the provincial government. Power to control wholesale prices of petroleum products. to encourage Israel to press for full peace at Geneva talks By TERENCE SMITH New York Times Service JERUSALEM Israel is expected to press for an Arab _commitmpnt Jtn conclude a- full and formal peace at the outset of the Israeli-Arab negotiations scheduled to open in Geneva in two weeks. Senior Israeli officials in- dicated Tuesday that Israel would call for a final renun- ciation of war by both the establishment of diplomatic relations and the inauguration of normal com- mercial ties among all the states of the area. This sweeping proposal is described here as part of an aggressive opening strategy for the peace talks that has been worked out in recent days at the highest levels of the Israeli government. It is designed in part as a counter to the expected Arab demand for an immediate and total Israeli withdrawal from all occupied Arab territory. want to demonstrate at the outset that this is a peace not a withdrawal a ranking Israeli official said in an interview. when the Arabs define what they mean by peace can we consider drawing a map or pulling back our In Israel is likely to refuse to negotiate specific issues with Syria unless the Syrians provide at least an ac- counting of the Israeli prisoners captured during the .October war. Syria is believed to be holding up to 100 although fears have been ex- pressed here over the fate of many of them. So far Syria has refused even to provide a list of the men she is holding. Israeli officials indicated that Israel might well walk out while the Syrian represen- tatives are speaking at the conference if no progress has been made on the prisoner issue by then. The Israelis currently ex- pect the conference to open Dec. 18 with a semi-public ses- sion in which the four middle eastern parties Jordan and Syria will each make opening statements outlining their positions. There may also be United States and the Soviet the two sponsoring par- and conceivably one from United Nations secretary Waldheim. This process is likely to take three or four after which the Israelis expect an adjourn- ment until after their national which are scheduled for Dec. 31. There is some concern here about the role the United States will play in the but no alarm. Despite recent reports from Washington about the likelihood of heavy American pressure on Israel to withdraw to her pre-1967 Israeli officials seem confident that they will not be unduly pushed. Their confidence stems in part from reassurances received Monday and Tuesday from Kenneth under secretary of State for political affairs. Rush was a member of the United States delega- tion to the funeral of former Premier David Ben Gurion. Rush met for more than two hours Monday with Premier Golda Meir and conferred Tuesday morning with foreign minister Abba Eban. Israeli sources said that Rush had assured Mrs. Meir that the United States would continue to support Israel politically as well as militarily. On the question of American guarantees of Israel's security. Rush reportedly said that the United States was thinking in terms of guarantees of secure borders rather than guarantees instead of secure borders. Senior officials indicated that the Israeli position on territorial questions would de- pend in large measure on the Arab reaction to Israel's call for a full and formal peace and on the outcome of the Israeli elections scheduled Dec. 31. If the Arab especial- ly should express willingness only to discuss an the sources Israel would adopt a similarly hard line on the issue of withdrawal from occupied oil exploration and develop- ment in Saskatchewan. Mr. Balkeney said producers will be allowed to continue receiving the current wellhead price of about a barrel but propose to take all increase in price over that There be exceptions in the form of incentives for exploration and development. Spending on exploration and development in Saskatchewan could be deducted from tax up to a maximum of 50 per cent of the special tax. companies could keep the difference between the year's average wellhead price and the end-of-the-year price if they spent the difference in Saskatchewan. This for the average wellhead price has been but the current price is If companies spend 30 cents a barrel in the tax would be the world oil price minus not minus There is also a penalty for non-development the 20- cents-an-acre tax on non- producing oil land would be increased to 50 cents. Mr. Blakeney emphasized that the controls and transfer of ownership will apply to only about 24 companies and will not affect holdings of less than which are generally in the hands of farmers. far as we can find no individual in Saskatchewan who owns oil rights would be affected by the measures we The province now owns 64 per cent of Saskatchewan oil rights and would have title to 90 per cent after taking ownership from the 24 com- panies. The reason for taking over the oil Mr. Blakeney is that it seems likely the federal government would challenge a provincial production-limiting system under a strengtened oil and gas conservation board. But if the province has legal ownership of the the basis for a possible constitutional challenge would be he said. federal government is now before the courts contending that the Saskatchewan potash marketing board is beyond the constitutional powers of the Saskatchewan government. similar attack on the Oil Conservation Board can be ex- pected. believe the chances of preventing our oil from being exported to the United States and of keeping it for Saskatchewan farmers and consumers in the decades ahead will be strengthened if the Saskatchewan govern- ment becomes the legal owners of the oil If a marketing board similar to the one plann- ed in Alberta could be he added. Mr. Thorson said the revenue from the secial tax which could produce million a year if the tax is a barrel would be used for subsidies to keep consumer oil prices for financing the operations of crown-owned for research and other steps to improve energy supplies and for bolstering Governor Wallace to seek third term MONTGOMERY Gov. George Wallace has made up his mind to run for an unprecedented third four-year term as governor of Alabama. He has told friends he plans an active campaign next year de- spite the paralysis caused by a 1972 assassination attempt. The 54-year-old who is confined to a wheelchair most of the has declined to confirm or deny the speculation that he will seek re-election next year. But the Associated Press learned that he will be a candidate. After the governorship elec- Wallace is a heavy favorite at the governor will turn his thoughts to the 1976 presiden- tial election. Both Wallace and his most trusted friends say no decision has been made yet about a possible bid for the Democratic nomination. Wallace's formal announce- ment probably will be withheld until mid-January. There has been speculation Wallace may seek the support of black voters in the gover- nor's race. There is talk that former governor Albert who lost the Democratic nomina- tion to Wallace in may try again. Wallace was prohibited by the state constitution from succeeding himself and seek- ing re-election in 1966 at the end of his first term and the legislature refused to submit to the voters a succession amendment to make him eligible to run again. His first ran instead and became the first woman governor in Alabama and the third in the United States. She died of cancer in 1968. who was succeed- ed her. the legislature agreed to the succession the voters ratified it and in 1970 Wallace was elected for a second time. 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