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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - December 31, 1970, Lethbridge, Alberta Thursday, Drtcmlitr 31, 1HE ItTIIBRIPOE HEF.ALD 2J, from 80 governments to attend sessions OTTAWA (CP) _. Federal au- thorities officially down the chance nf ushering in a rich new era for world trade at negotiations lo begin Jan. 18 in Geneva. The inference is that a com- bine h a r v e s t e r could drive through lire gap belween what Canada wants and what is likely to emerge from haggling among up lo 110 governments. C a n a (I i a n delegates speak wistfully about a wheat pact under which major exporters would control production to match demand, crop subsidies would cease, producers would honor fixed floor prices and im- porters would buy at uniform rates. Officially, however, the Ot- tawa line is a sad-but-wiscr atti- tude about bargaining to re- place the present International Grains Arrangement, the bat- tered wheat pact that expires unlamented June 30. The reluctant official attitude is that any new pact, as com- prehensive on paper as the present arrangement, would likely prove just as fragile in commercial practice. The Canadian ficials of the federal trade and agriculture departments and the Canadian wheat board led by Maurice Sehwarzmann, assist- ant deputy trade say they are tempering ambi tion with realism. They seek a price system flexible enough to withstand pressures of o v e r s u p p 1 y or shortage and yet tough enouji to keep all exporters in line for all grades of wheat. Importers should be persuaded to commit themselves to rely on pact porters for supplies. There should be provision to review, if not control, production by mem- ber countries, On the negative side, officials say preparatory talks in Octo- ber and November at the Lon- iliim headquarters of the Interna- tional Wheat Council showed lit- tle support for including feed grains in tlie pact, not much for reducing production subsidies and none for dividing the mar- ket among exporters through The low-key approach to th Geneva talks is rooted in Can ada's embarrassing experienc with the present grains arrange- ment. That proved to be a politic bomb. Promoted as a triump! of Canadian negotiation tha would fatten Prairie purses, th IGA began falling apart evei before its formal inauguratioi July 1, 1968. Canada stuck t IGA floor prices for almost nini months, only to lose markets. The present grains arrange- ment was negotiated in 1967 as part of the protracted tariff-cut ting talks named after John F INTERMEDIAtlY Dr. Jacques Ferron, 42, Montreal physician and author, acted as an intermediary between FLQ kidnap suspects and po- lice, Quebec justice minister Jerome Chocjuetle said in Montreal. UC head won't seek re-election TORONTO (CP) Dr. Rob- ert B. McClurel 70, the mission- ary surgeon who became the first layman inodorator nf the United Church of Canada, said Tuesday lie will not seek an- other two-year term. Dr. McClurc, elected (o the post in 1968, said he plans to move with his wife to Southeast Asia to work on a voluntary basis with Icpeis and tubercu- losis patients. The election to name iiis suc- cessor will bo held Jan. Candidates nominated so far are Richard II. N. Davidson, 57, vSt. Andrew's Church, Toronto; Krncsl E. Long, 09, secretary of the church's general council; Arthur B. B. Moore, (VI, retired president of the United Church's Victoria University; and J. Kob- r-.t Watt, 51, of Trinity Church, Toronto, heat trade negotiations will open in Geneva o o Kennedy, the late U.S. presi- dent. It replaced the old Inlcr- national Wheat Agreement, which had been the guiding trade pact through various ver- sions and revisions since 1949. The new arrangement was much more ambitious. With Canada in the vanguard of ne- gotiations, the price range for premium I Manitoba in- creased by more than 12 pel- cent, with a 40-cent spread re- and ceiling prices. For the iirst time, Hie Canadi- ans succeeded in winning agree- ment for inclusion of specific prices for other major-trading grades of were scheduled in of leaving rates for competing wheals to be arranged with ref- erence to No. 1 Northern. That meant in theory that competitors were bomd by min- imum and maximum prices, with no room for manipulation, laincd between specified floor I just as salesmen of premium Canadian wheat had been for years. The undoing of the grains ar- rangement was a transforma- tion in world market conditions between the time of initial nego- tiations and the formal inaugu- ration of the pact. Sales boomed in the middle 1360s, and in 1967 the prevailing price for No. t Northern was pressing against the agreed ceil- ing. By I960, production was outstripping demand and there was strong downward pressure on prices. Evenls hurl th- (radiiional ex- the United Slates, Can- ada, Australia and Argentina, and Canada in particular. New, lu'gh-yic-lding wheat wheat for livestock feed. F r a n c c, whose soft-wheat crops were heavily subsidized under the European Economic Community's agricultural pol- icy, cut into traditional Calia- strains were making traditional j di'an. U.S. and Australian mar- importers such as India, Paki- j kcts, stan and Turkey self-sufficient. I Russia, a major wheat trader. New milling techniques permit-1 iiad refused to join the new pact ted flour mills to substitute j and many importers declined to more lower-grade wheat for! sign an agreement that raised premium Canadian. Lately, the I prices. strongest dtmand has been forj The distressed exporters held coarse grains and low-grade i meetings between the summers of and 1970 in Caiibcria, Washington, London and Ot- tawa. Here last May, Canadian min- isters held up their Ht7U crop-re- duction program, which paid farmers Cash for planting nn wheat on wheatland, as an ex- ample of a way to reduce stock- piling and restore orderly prices. Other governmem.s showed slight practical interest. This year, rn a r k e t s have picked up and exports predict; world wheat stocks will be re- I duccd for the first time In five vcars. But a forecast published Oct. L'l! by the federal agriculture de- partment cautions that "there does not seem to be a reason to expect that the current increase represents any immediate re- newal of the trend back to the high level of exports such as oc- curred in 19B5-M." Five weeks have been sched- uled for the Geneva talks, but nobody is betting just how bug it will take to reach agreement VISIT OUR it rut m DHIfUMIil BOYS' RUBBERED MOCCASINS WINDSHIELD WASHER Ant! Freeze THESE SPECIALS IN EFFECT SATURDAY ONLY. Furnace Filters Regular 79c. Frost Shields Regular to 2.65. Curling Brooms Regular to 7.59. Snow Cart Sleigh Jhgular 11.95, Krazy Carpet Kleenex 400's 49' PRICE NOW NOW ,00 NOW Toiiet Tissue Ballet 4 Roll NOW I Scale Models Regular 2.99. NOW ENTER OUR MpDIL CONTEST AND WIN A SPEED BIKE Garbage Can Plastic 6 gai. size. Reg. 1.79. Dinnerware Set Regal Melamine, 33 pieces. Reg. 19.95. NOW NOW 12.44 1" 3'" 3 for SAVE UP TO 50% ON WINTER CLOTHING Vaean inferior Car Warmer 11.00 750 watt. Reg. 13.95. NOV.' Size 7-12. Reg. 12.95. Boys' Jackets Men's Ski Jacket Sizes 38-44. .Reg. 13.95. NOW NOW Ladies' Sleeveless Vest Sizes S.M.L. Reg. 4.66. NOW Men's Ski-Doo Boots Sites 7-11. Rag. 13.95. NOW Girls' Orion Pile Jackets Sizes 3-6x. Reg 12.95. NOW Sirls' Vinyl Snow loots Pile lined. Reg. NOW ACLEODS OPEN MONDAY, TUESDAY AND SATURDAY 9 A.M. TO 6 P.M. WEDNESDAY 9 A.M. TO 1 P.M. THURSDAY 9 A.M. TO 6 P.M. CLOSED FRIDAY CENTRE VILLAGE MALL PHONE 327-4240 ;