Lethbridge Herald, The (Newspaper) - February 2, 1971, Lethbridge, Alberta
4 THE IHHMIDGI HttMD Tuetdoy, ftbrumy 1, 1971 Maurice Western Eastern indifference typical? Mr. Benson has to face both ways on CDC _. _i___i_ij.- nitwunc would be expected. Quebec MPs on the Commons-Sen- ate Committee on the Constitution ex- pressed surprised at the amount of tolerance and understanding they re- ceived during their recent tour of the Pr0tmeambeBr said that he, Wreath- er French speaking parliamentar- ians on the committee, had been pre- pared for a continuous round of abuse and resentment, and not the "friend- liness and genuine interest they surprise of the MPs is some- what disconcerting. Did they expect to find westerners narrow-minded, reactionary, or merely indifferent? The incident won't surprise many westerners for it points out all too plainly how little people from the east know and understand the westerners. That westerners have been sincerely concerned with Quebec problems and the spirit of bilingualism seems not to have reached that province at all. That westerners have a concern tor what goes on in Ottawa, the Man- times and other parts of Canada, as well as our own problems seems to be a point our western politicians haven't been able to get, across, ob- viously, to the rest of the nation. In part the reason lies with the easterners themselves. They are so caught up in the powerhouse plan- ners around the big influential cities of Toronto, Ottawa and Montreal that for many of them the west is some- where back of the beyond and haruly worth their consideration. But if easterners really want a whipping post for their lack of na- tional concern they can take up cud- against the news media whose pro eastern support and interest has long- been an influence on eastern thinking. It is all very well to say that the central provinces should get with it and broaden their interests to include all of Canada, but how can this hap- pen? With the CBC so centrally con- trolled, with large newspapers so pro- vincially oriented, even MPs will con- tinue to express naivete at western opinions and insensitivity to national problems. OTTAWA: Minister of Finance Mr. Benson non-faces the problem of selling Bill C-219, an act tc establish the Canada Development Corporation, to Parliament and the country. The difficulties became obvious at his press conference Monday, which left many reoorters in a state of bewilderment. The problem is that the CDC excites the hopes of groups with contradictory expectations. To satisfy its supporters and to preserve an consistency, Mr. Benson must face both ways. This is not the best posture for a minister who hopes to carry conviction. It has been obvious since Walter Gordon's day that a development corporation has great appeal for nationalist thinkers concerned about foreign take-overs. The CDC, in their view, should be the protector of the Canadian economy, moving ahead of predatory foreigners or functioning as buver of the last resort acquisitions by outside capitalists. This idea has been heavily attacked. The CDC is supposed to provide opportunities of investment for people of small means; as now planned, it will eventually be possible for citizens to 'buy shares. Obviously, they will invest to secure a return on their savings. But if the CDC is ti buy at the highest price for a political purpose, it is much more likely to lose money than to make it. Since the government will be Smiles for Mr. Heath In spite of the fact that the postal worker's strike in Britain continues, and that Ford Motor Company plants in the U.K. are now strike-bound, there are signs that Prime Minister Heath's tough stand against unrea- sonable union demands is beginning to pay off. British European Airways had been strike bound for six weeks, when 000 employees joined in a work-to- rule slow down and of the company's eng i, n e e r s and mainte- nance workers went out on strike for higher wages. BEA argued that a continuation of the strike would mean large-scale lay-offs, a contention that hit home. The men have all gone back to work. Leaders of London's 900 ambulance drivers called last week for strike action in protest against the firing of nine colleagues, but only 21 union members answered the call for a walk out. The threatened emergency- only slow-down of firemen has been called off and the Railway Engi- neers' union cancelled their threat to strike unless given a pay raise with- in a week. It's too early for Mr. Heath to shout with joy, but at least he can be for- given if he wears a faintly compla- cent smile these days. The Soviet tune No one doubts that Egypt is now solidly in the Russian sphere of in- fluence, in a military sense. The So- viets are already showing signs that they intend to consolidate their foot- hold in economic terms too. The tawan High dam, built with Russian, aid, was opened recently. In his speech at the opening ceremony the Soviet President, Mr. Podgorny said that Soviet aid would bring four thousand Egyptian villages out of the age of the oil lamp, and further, that Soviet specialists would begin devel- opment of the vast underground water reserves of the Qattar desert depression by 1975. There is reason to believe that the Russians will be persuaded to build a large nuclear power plant in the not-too-distant future. This is going to mean an even shift of Egypt's import-ex- port patterns into the Soviet bloc. And as Canada knows, foreign in- vestment has a way of turning into foreign influence in a number of ways. Now, and in the years to come, Cairo is going to have to dance to the Soviet tune. A question of ethics T70KEA Mr. Kwan phoned to ask if he might see me. "What could he was the first thought to cross my mind as I suggested he drop by the house around four. I hadn't seen him for a couple of months. Undoubtedly he and his family werent having an easy time of it. Until last June they had been employed by an American mission organization which had long been established in Chongju. Kwan had been tiie mission driver and general handyman. His wife was one of the best cooks in town. Thev were good Christians, and proud of the vrork they were doing. There existed a definite atmosphere of mu- tual respect; the missionaries were appre- ciative of a couple who served so reliably and willingly; the Kwans knew they served as an important part of the team. Then suddenly the rug had been ripped out from under their feet. New York, that artesian well of resources, was having to take a closer look at how it used the re- sources available. Cash wasn't coming in so rcac'ily. First, iney cut off sending new personnel overseas. Then, they started dis- couraging those who came home on fur- lough frorn returning. Missionary rnmbers were quickly reduced until, in places like Chongju, the compounds were completely shutdown. And the staff who served there were numbered among the unemployed. Even though their salary had been cut, the Kwan's expenses continue: a son ready to enter university next year; a daughter in grade 10 and another in grade 9. The youngest boy is 13 years old. Much as I respected the man's ability, and liked him as a person, there was little I could do to relieve the situation. My means of trans- portation is a bicycle. The half a Korean house I live in is maintained by the land- lord, who lives next door. Most of my stu- dents are eager to do whatever odds and ends of work I might not be able to cope with myself. By Joyce Sasse At 4 o'clock on the nose the gate bell rang announcing his arrival. Koreans don't generally just stop by one's house to pass the time of day. We talked a bit about the former missionary residents. "Did you hear from them at Christmas? Is there any hope they'll be sent: And the ines- capable, "Have you found any work even though I was certain the answer would be in the negative. Despite my poor Kor- ean, I always felt that this man was one who could make sense of my mumble jum- ble of words, and who spoke simply enough that I could understand him. Our conver- sations always got beyond those insignifi- cant "nice weather" phrases. When finally I heard what he wanted, I was so proud of him I could have 'lugged him. Out of the zippered inner pocket of his overcoat he pulled out three American ten dollar bills, and a one. (A gift from someone in the United He wonder- ed if I might change these for him into Korean won. 1 knew the going rate for this kind of money on the black market (all one needs to do is go into any downtown alley to make a thirty per cent more than the bank rates I could give him. he almost read my thoughts, "even though I could get more money on the black mar- ket, it is illegal. My family and I will not encourage its existence." Then, ttiry not the regular bank? Because he'd been around foreigners enough to know that we had cer- tain legitimate demands of U.S. dollars, and they are almost impossible for us to lay our hands on here in the country. Maybe I needed some? He, the man without any prospects for a job, thought about how he could be of help to me! There arc a lot of corrupt, underhanded things going on in this country, as there are in Canada. Those things we hear about. But, what about the hundred, yes thous- ands of Mr. Kwans'.' To all of them, we tip our hat.s. A filler deluxe By Doug Walker "I Speak for ALL the Letters To The Fit only for burning garbage Your editorials leave much to be desired, but the one in the January 25 issue (regarding the need for our second lan- guage being enforced or we will all be classed as second class citizens) is one of the most biggoted and narrow- minded editorials I have ever read. You stated that if we didn't enforce this need of the French language Quebec would secede from the rest of Canada then would follow the Maritimes. Well, why else are the Maritimes now seriously considering uniting? We in the Prairie provinces don't need Quebec or Ontario. The federal government has too long insisted we carry them on our backs. Take a long look at the deal the federal government handed our agriculture industry this past year. W'-at to your fair city and your news- paper when the farmers haven't any cash? Right now your paper and city council have been too en- grossed in your university and pushing your taxpayers around for the benefit of your city coffers. You should write anoth- er editorial regarding the treat- ment your city council is giving your police force. Those deserv- ing force of men are over- worked in order to give you a free and peaceful place to live. What has your university done for your paper or city but add to your drug problem. You should write another edi- torial apologizing to your read- ers of many and varied nation- alities. They may be s e c o n d- class citizens in your opinion but don't forget they helped to make your city what it is today. The majority have never learn- ed one word of French. Neither have I, or my parents, or grandparents, who each has a proud Danish ancestry. They pioneered these prairies when Lcthbridge wasn't even a coal V.'e do not consider we are second-class citizens be- cause we learned to speak the Danish language instead of French. In case you are interested I don't buy your paper. Any in the province is super- ior. But some of o'.ir neighbors of various nationalities, who also lake exception to you r narrow minded views buy yoiir paper. Then we burn garbage with it. Taking advantage of our free- dom of thought and expression I had to let you and your staff know our opinion. I don't ex- pect this to get past the waste- paper basket but it sure has re- lieved a lot of minds in this of our fan- Alberta. MRS. J. L. NIELSEN. Warner. Librarians frown on this Readers of The Herald must be as astonished as I am by the succession of Mr. Walker's naive revelations in your col- umns the latest example at the time of writing being "The Truth no longer in the issue of Wednesday, January 27th. Butterfield's in his book published in 1953, was Mr. Walker's first intimation that Britain planned to seize part of Norway in 1940! By 1953 al- most everybody in the English- speaking except Mr. Walker it seems, had read "The Gathering Churchill's first volume of Wai- Memoirs published simulta- neously in England; Australia, the United States and Canada in 1948, in which the British and German plans for Norway are clearly outlined. In the case of the outraged librarian at Calgary Public Li- brary, I suggest that her sense of propriety was offended less by the imputation of nastiness to the British than by the at- tempt of a scholar to farm his work out at the end of a tele- phone line. We also frown on this type of research at Leth- bridge Public Library, and so does General Stewart Elemen- tary School. G. F. R. DEW, LIBRARIAN, Lethbridge Public Library. Appalling action On Monday night, January 25, in the city council chambers the final chapter was written into the bylaws of the City of Lethbridge concerning the con- troversial hotel development in the Shoppers World complex. The only recourse the people in the Glendale area have left is in the courts of this country. It is appalling that any coun- cil that is elected by the people would ignore all briefs, pleas and protests from the residents in the Glendale area and allow a development of this type in a nice residential area. I hope the p e o p 1 c of Lethbridge will remember the way council treated my neighbors next elec- tion time. By re-zoning property, clos- ing of public lanes, selling city boulevards and leasing public lands to the owners of the Shoppers World complex, the developer almost met the den- sity standards that are required by the bylaws in the City of Lethbridge. A few short months ago a similar project on Mayor Ma- grath Drive, approximately one mile south of Shoppers World, was turned down because the project could not meet density standards. I would like to know why members of council did everything possible and cir- cumvented the bylaws of Leth- bridge to permit construction of this hotel. I am sure quite a few people are asking them- selves the same question. I would like to thank the members of council that voted against the Shoppers World hotel development. A RESIDENT OF GLENDALE. Lethbridge. 'Crazy Capers' by far the largest shareholder, taxpayers, in that event, will lose too. Mr. Benson must accordingly argue, and did argue Monday, that the COG will be profit- oriented. It is not to become a buyer of last resort. It is not to be "the prime tool with which to handle foreign owner- It is not to be a "tool of government policy." Instead, it is to be an instrument for mobilizing our savings; a large- scale source of capital to create major new enterprises or strengthen old ones. It will use its funds in concert with other investors to acquire and rationalize existing companies, making them more competi- tive through mergers or other corporate arrangements. In this way it will reduce the risks of an undesirable degree of for- eign control of the enterprises concerned. Good, in the nationalist sense, will thus be a by-product of the CDC's profit-seeking ac- tivities. It is not admitted that there has been a change in the CDC concept and, indeed, passages may easily be found in the writings of Walter Gordon (es- pecially when his scheme was under attack) which read very much like the assurances of Mr. Benscn. Thus at Sarnia on Oct. 7, 1965, the former minis- ter of finance said: "The man- agement of the corporation must be -guided in all its invest- ment decisions by the criterion of long-run profitability. The overriding objective of the CDC must be to satisfy the normal interests of its share- holders." But the bill has been so draft- ed and presented as to create an impression of change. For example, the.profit theme has been written into the objects of the company, which will not be a Crown corporation and will not report to Parliament. This, in theory, will make it less sub- ject to political pressure. Mr. Benson has achieved something by this approach. The bill has promptly been de- nounced as a "sell-out to big business" by Tommy Douglas. This response will be gratify- ing to the minister since it should be of help in disarming the suspicions of potential in- vestors. The more the bill is exam- ined, however, the less plau- sible Mr. Benson's assurances seem. The injunction is that investment "shall be carried out in anticipation of profit and in the best interests of the shareholders as a whole." But, how meaningful are these words? Almost every invest- ment anticipates profit. The former CCF government of Saskatchewan did not deliber- ately plan to lose money with enterprises such as its blanket factory. It merely employed tha sort of hopeful judgment which is common in govern- ment and frequently leads to losses. Also, the government, as the largest investor, will not cease to be under pressure m-.rely because the company will not report to Parliament. Ministers are constantly being exhorted to come to the aid of private companies or sometimes to curb them. There was a case of interest recently. Quebec has a development corporation, Societe Generate de Financement. In 1966 it bought from private owners the Sogefor Veneer plant at Mani- waki. The purchase price was ?1 5 million. As the enterprise has been losing money, Quebec plans to close it and to sell the property for about re- portedly to a U.S. firm. Local citizens, as would be expected, are up in arms. They have been urging Mr. Bourassa to intervene. They have also raised the matter in Parlia- ment in the hope that Mr. Mar- chand, as regional affairs min- ister, will do something to save the company. But Ottawa has no responsi- bility for Quebec's development corporation or for its invest- ments. It will have, though, for the CDC. Whatever the form of words employed (and the "objects" are defined with sufficient ambi- guity to permit a variety of in- the government as leading investor, will be under greater pressure to ig- nore ordinary business calcula- tions if it establishes the Ca- nadian ownership and control bureau as proposed by the ex- ternal affairs committee. This committee, which has a ma- ioritv of government members, recommended both the CDC and the bureau, which were linked in its proposals. It may be that Mr. Be'json, in his further explanations, will be able to banish these doubts. In that case, a different ques- tion will require an answer. What will Parliament accom- plish by creating a large new investment company distin- guished from the others by massive government participa- tion? The usual explanation is that we are not generating enough savings and will be encouraged to do so by the existence of the CDC. (To begin.'with, we will not be encouraged, but forced, since the government will ob- tain through taxation its million in equity This argument assumes that we lack the incentive or the machinery to save for invest- ment. One incentive, not much favored by Mr. Benson, would be a cut in taxation. But in that event, we would save if we so desired with or without the CDC. Opportunities for savings, including guaranteed savings, are to be found on the business pages 'of any newspaper. There might also be a great- er volume of savings if citizens could be induced to change their habits; to eat less, to spurn various forms of person- al enjoyment; to abandon plans for new automobiles or televi- sion sets. It seems unlikely, however, that habits will change much as a result of Mr. Benson's bill. NP doubt there will be some in invest- ment favoring the CDC at the '.-xpense of other fund-gathering coporations, but of itself this would not increase the total oj savings. Some of the most interesting testimony on these points has been offered by Mr. Benson himself in a very recent speech. In Toronto Jan. 11, he argued that investment was re- lated to the demand for goods and services. "Surely it must be obvious by now that frequently slow growth of capital investment is directly related to slow growth of demand, rather than to any real shortage of funds for the creation of new capital fa- cilities. "The fact is that, in relation to its size, Canada has one of the highest levels of savings and capital formation of any country in the world." Exactly. But this scarcely suggests that there is much with the present machin- ery for investment. What is the point of the CDC if it is not to do the things which Mr. Benson now insists should be avoided, if potential investors are not to lose their shirts? (Herald Ottawa Bureau) Looking backward rPHE review copy of the reissued 18Q7 nature had not, favored them with "that Scars Roebuck catalogue provides a greatest charm, a symmetrically rounded lot of fun at cur house when have visit- bosom, full and perfect" could order "the crs. Some of the items for sale at the turn princess bust developer" and expect an en- largement from to three inches. Upon encountering the advertisement of this product, a friend said, "now there is a of the century arn almost unbclieveable. F.ven in those (lays a lot of interest was 'n the female form. Gals who desired the enlargement, of the bust in cases where real The Ilernlil welcomes letters (rom renders. Pseudonyms arc permitted but correspondents must attach their name and address. A number of good letters have recently been receiv- ed anil reluctanlly srl aside because of lack of name and ad- dress. All letters are sulijr-rl to editing for length and liistc. Through the Herald The liquor lid was clamped Feb. 1 and ex- port liquor houses went out of business. Prescriptions will now be the only way that liquor can be obtained. 1931 Warm weather for the past week has caused such melting of snow and ice that the river rose considerably during the past few days. 1841 Southern Alberta farmers who wish to subscribe to war savings bonds may do so by delivering wheat to the ele- vator. worth will be allow- ed and will not be charged to the farmer's quota. 1951 Only 109 contracts have be taken out under the 84-a-day hospitalization plan by Lethbridge resident non-tax- payers since the scheme came into effect in the new year. 1S61 The passengers of the captive liner Santa Maria were reported disembarking at the Brazilian port of Recife. The Portuguese embassy said the liner would be turned over to the owners, while asylum would be given the rebels who hijacked the vessel in the At- lantic. The lethbrulfle Herald 504 7th St. S., Lethbridge, Alberta LETHBRIDGE HERALD CO. LTD., Proprietors and Publishers Published 1905 -1954, by Hon. W. A. BUCHANAN Second Class Mail Registration No. 001! Member ol The Canadian Press and the Canadian Dally Newspaper publishers' Assotialion and Ihe Audit Bureau ol Circulations CLEO W. MOWERS, Editor and publisher THOMAS H. ADAMS, General Manager Offhand, I should say the chief cause of di- vorce is marriaoe1 JOE BALLA Managing Editor ROY F. MILES Manager WILLIAM HAY Associate Editor DOUGLAS K. WALKER Editorial Page Editor "THE HERAtD SERVES THE SOUTH"