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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - February 19, 1974, Lethbridge, Alberta TuMday, February 19, 1974 THE LETHBRIOQE HERALD Dateline Alberta Games plebiscite date set EDMONTON (CP) City council Monday night set a date of March 20 for a plebiscite in which Edmontonians are to decide, in effect, whether to forfeit the 1978 Commonwealth Games or spend million in municipal funds for them. Mayor Ivor Dent has said that rejection of the city's share of the total million estimated for capital expenses for the event would mean rejection of the Games themselves and his personal resignation. The Commonwealth Games organizers had asked Edmonton to hold the plebiscite as early as possible so that another city could be selected if Edmonton declines to hold the Games, scheduled for 1978. Werry estate files suits CALGARY (CP) Two suits to recover the amount payable in two insurance policies were filed Monday in Alberta Supreme Court by the estate of the late telephones minister Len Werry. Mr. Werry was killed in a traffic accident on Feb. 25, 1973. One of the two policies involved was held on all members of the legislature. The other was held on executives of Alberta Government Telephones. Prices not out of line RED DEER (CP) Alvin Hamilton, Conservative energy critic in the Commons, said Monday the prices that Arab countries are charging for their oil "are not out of line." "We have taken the oil from producing countries at ridiculously low prices for nearly 50 he told a news conference. "These countries resented this stealing of their oil and formed organization of producing countries to get a fair price." The MP for Qu'Appelle- Moose Mountain also said there was no reason for talk of an energy crisis in Canada "except for a political one of uniting people all across Canada against the people of Alberta and Saskatchewan." Police seek 4-day week CALGARY (CP) Negotiators for the city's 750- member police association and city hall manpower representatives will meet Wednesday to discuss a police proposal for a one-year contract which calls for a four-day week and a 22-per- cent salary increase. The proposal, now being assessed by the city's manpower services department, would mean a boost from a month to nearly for a first-class constable, a police association spokesman said today. Association negotiators say the salary increase would meet the rise in the cost of living and compensate for the dangers of police work. Cooper expresses doubt EDMONTON (CP) The chairman of a committee of the legislature said Monday he has doubts about whether his group represents a suitable forum for an inquiry into allegations of wrongdoing in the Alberta Housing Corp. latest Hi-fashion shoes arriving daily Drop in soon! MflRflNJO WORLD OF SHOES GOING OUT F BUSINESS Prophesy fulfilled A former second-hand shop in Pompano Beach, Fla., bids farewell by what seems to be "Divine Inter- vention" or whatever. Company shareholder claims he was 'used' EDMONTON (CP) A shareholder in Cosmopolitan Life Assurance Co. testified Monday he was "used" by former director who bought half the defunct company's share capital in 1972. Constantine Semeniuk of Edmonton told a public inquiry into the failure of Cosmopolitan that former director George Berge persuaded him to file an affidavit stopping the sale of Cosmpolitan shares to a Vancouver buyer. Mr Semeniuk said he agreed the proposed sale at four cents a share would have been unfair to Cosmopolitan shareholders, and he signed the notice of objection in the office of Mr. Barge's lawyer. The affidavit said, among other things, that no one person should take control of the shares to the disadvantage of other shareholders. AFFIDAVIT WITHDRAWN However, the affidavit was withdrawn by the lawyer without Mr. Semenuik's knowledge, and a company largely owned by Mr. Berge, Mercury Investments Ltd., bought the shares, he said. Mercury Investments was also the firm which successfully petitioned the Alberta government to wind up Cosmopolitan. Mr. Berge testified earlier the affidavit was withdrawn when Mr. Semenuik refused to incur expenses growing out of it. Mr. Semenuik confirmed that he was unwilling to spend money to protect the shares. Also testifying Monday was Richard Riddle of Calgary, a former director of Cosmopolitan's private parent company, P.A.P. Holdings Ltd. Mr. Ridde, a general in- agent before and after his association with P.A.P., was also a director of Canamera Enterprises Ltd., the firm which was to replace P.A.P. as a pulic company, and Seaboard Life Insurance Co. of Vancouver. He elaborated on previous testimony which claimed that invested by Seaboard in demand deposit receipts at an Edmonton bank was taken from the bank without Seaboard's knowledge by Albert Jaasma, director of Cosmopolitan and Canamera. A letter directing the bank to make the money available only on Mr. Jaasma's authority was signed by Mr. Jaasma and Mr. Riddle. Mr. Riddle said the letter "seemed innocuous at the time" and he was unaware that the money, which Mr. Jassma said went towards an overdue Canamera loan, was from Seaboard's reserve fund. When he realized the money shouldn't have been touched, he suggested that he asd Mr. Jaasma each repay half but Mr. Jaasma refused. At a meeting of Seaboard directors he voted against referring the matter to Seaboard's solicitors because he felt he hadn't done Police cars get tickets CALGARY (CP) Calgary policemen get parking tickets for parking in the police lot, a police officer says. He says his car has been tagged for "parking on private an offence carrying a fine. And he says he's not the only one. However, Detective Ralph Higgs, president of the police association, says policemen who get tickets should blame themselves. "They're not displaying their permits. If they use more than -one vehicle in the lot, they're supposed to transfer the permit to the other car. Sometimes they forget and it's just human nature. We get a few beefs but it's for their own good." anything "intentionally said Mr. Riddle. The was eventually repaid from sources which have not been identified. VENTURE FAILS Mr. Riddle said he was aware of the Cosmopolitan group's difficulties in obtaining money for the purchase of N. W. Financial Corp a venture which eventually led to financial disaster. But he added that he believed officers of Allarco Developments Ltd. and its subsidiary, North West Trust Co., committed themselves to providing financing at a meeting in Mexico. Mr. Riddle said he understood that documents were signed at the meeting and that cheques had been drawn and certified for the purchase of N. W. Financial shares. However, when two directors of Allarco in Edmonton refused to go along with the loans, the Cosmopolitan group defaulted on contracts and lost payments it had already made for the N. W. Financial shares. Asked his opinion of Mr. Jaasma, who made many of Cosmopolitan's decisions, Mr. Riddle said he was "an exceptional salesman" but "not a top notch administrator." DISNEY REHIRING ORLANDO, Fla. (AP) Higher attendance and optimism about increased tourism has led to the rehiring by Walt Disney World of more than 500 employees laid off last month, a spokesman says. The tourist attraction in central Florida laid off employees early hi January when attendance declined as a result of the fuel shortage. About of these were seasonal employees hired for the busy Christmas and New Year's season. Native air programs proposed OTTAWA (CP) The Alberta Native Communica- tions Society today called on the Canadian Broadcasting Corporation (CBC) to pro- vide programming to native people, especially those in isolated communities. In calling for special programming, the society realizes special knowledge about native people and the ability to communicate with them is necessary, the brief said. "The CBC does not have .them, but we do." The society, founded in 1968 following a successful weekly Cree radio program is a government funded organization based in Edmonton. Operated and staffed by native people, it now produces eight radio programs a week in its own studios for distribution throughout Alberta, a weekly television newsmagazine for cable television, and publishes a weekly native newspaper. BULL ON STAMP The recent eight-cent Rural America stamp featured a blue-ribbon Angus bull with longhorns grazing the plains in the background. Bake-own-bread appeal issued TORONTO (CP) The Moderator of the United Church of Canada advises Canadians to bake their own bread to beat the latest proposed price increase. Home-baked bread "is better for them said Rt. Rev. N. Bruce McLeod in a statement Monday. He called on Canadians to "cry out" against the proposed four-cent a loaf increase because: "poor people in Canada rely on bread and will not be able to afford it." Mr. McLeod said farmers will not benefit from the increase. "Packing, processing and delivery costs too The food prices review board meanwhile says a planned price increase of three or four cents for a loaf of bread, as announced last week by the baking industry, would be unjustified. The board said Monday that based on its study of baking costs, it "cannot accept as necessary" the increase in- dicated by the Bakery Council of Canada. It added, however, that increases in costs of labor and materials other than flour could justify a price rise of two cents at most for a 24-ounce loaf. The government has been subsidizing the cost of wheat bought by millers since September, helping to keep production costs down while maintaining the high prices going to wheat farmers. Stanfield comes to Alberta during extensive travels OTTAWA (CP) Conservative Leader Robert Stanfield goes to Edmonton Wednesday, and then on to Calgary and Winnipeg, as part of his extensive travels during the current parliamentary recess. He will hold a news conference at p.m. Wednesday in Edmonton before speaking at an evening fund raising dinner. He will take part in an Edmonton open line radio show early Thursday, P.E.P. Could Work For Yo When you're out of work and haven't the training to qualify the Alberta Govern ment's Priority Employment Program could help you1 Hundreds of men and women have found secure, well paying jobs in business and" industry through P. E. P. Act now! Choose a training course from those listed below Come and register in person. CLERK-TYPIST COURSES Duration Commences March REGISTER NOWI Contact Mr. Arthur J. Plewes, G.C.T., Principal TELEPHONE: 327-3968 HENDERSON COLLEGE OF BUSINESS 202 F. W. Woohvorth Building Ltthbridge, Albwta FACTS YOU SHOULD KNOW ABOUT P.E.P. 1-The word "PRIORITY" in P. E. P. (Priority Employment Program) means that some people will qualify for training and assistance under the program before ethers sifply hpcause their need is greater. The order of priorities is: a. People unemployed receiving social assistance and who are major supporters of their families. b. People unemployed receiving social assistance. 2. Applicants must be residents of Alberta for a minimum of one year. 3. Courses are subject to cancellation if enough people do not apply. 4. Applicants must have finished their education 6 months prior to January 1974 in order to qualify for the program. 5. There is no tuition fee and in certain cases a training allowance is paid. P.E.P. training is offered by the Government of Alberta in conjunction with co-operating educational institutions. NOW is the time to Get the Jump on Spring! In one of our great new 74 Value Leaders. The selection of colors and models was never better. Come in now and see and to get you in the Spring mood you'll receive a pot of flowers to bloom. D-, MOTORS And... Remember... When You Deel with Beny You'll BENY-fit CHEVROLET OLDSMOBILE r j'wtfl ft 2nd AVMIIM and 8th Strwt 8. Phont 320-1101 GMAC ;