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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - January 11, 1975, Lethbridge, Alberta 12 THE LETHBRIDGE HERALD Saturday, January 11, 1975 Tax relief in sight for American people WASHINGTON (AP) President Ford outlined his plan for a cut in personal income taxes Friday to the chairman of the House of Representatives ways and means committee who later declared: "We have the ingredients for an early package of tax relief for the American people." But Representative Al Ullman (Dem. Ore.) indicated some misgivings about a 6 6 uvui a reported Ford proposal to dis- tribute the tax cut to Americans through special lax rebate cheques for 1974 taxes. "We are not in agreement on Ullman said of procedures to implement the tax cut he discussed in a White House meeting with Ford. But the congressman added that "on net impact we are riot that far apart." Ullman, whose committee must initiate all tax New and Used administration sources reported the president has decided to propose a billion cut in personal income taxes. High administration sources said this would equal about for every American. Officials cautioned that final details of the tax rebate proposal are yet to be worked out. The president decided on the figure after receiving a unanimous recommendation for such a step from his 16-member com- what' I mUC would'not sPe" out recommended that the tax cut Prisoner writes he won't be back MONTREAL (CP) An armed robber given a special Christmas leave from Cow- ansville Penitentiary has in- formed the prison warden he does not plan to return to finish a seven-year sentence. "Since I now feel fully reha- bilitated and am now gainfully employed, I don't plan to return to the con- vict Georges Lebrun, 31, told warden Guy Lemire in a letter. Lebrun thanked the warden for the attention he received at the institution, 35 miles east of Montreal, saying it greatly helped his rehabilitation. Lebrun and fellow prisoner Michel Beaulieu, 31, are the only ones still at large of 323 federal prisoners in the Mon- a tive-per-cent area grantea leave at MONDAY ONLY MONDAY ONLY GIGANTIC ONE-DAY MEAT PROMOTION For your meat price always inquire at your Vanta's Meat Stores first. Here is your proof. VANTA'S ECONOMY MEATS 904-7th Ave. S. Phone 329-4545 ana VANTA'S RANCHLAND MEATS WESTMINSTER SHOPPING PLAZA PHONE tax alter the exemption with a maximum total tax reduction of ?375 for each return. White House press secretary Ron Nessen said Ford was impressed that the labor-management committee was unanimous in its recommendations. "The president is giving very serious consideration to was serving 20 years for armed robbery. "I urge them to return immediately because they stand to gain nothing, but lose much, by remaining illegally at warden Lemire said of Lebrun and Beaulieu. RED BRAND GRADE A NO. 1 SIDES OF BEEF Q7C LEAN CUT, WRAPPED, FROZEN onlylb. Nessen said. He acknowledged that wo] WHOLE ROUNO BONE WHOLE CHUCK ROAST _Ai ROASTS (Limits) No KKv Phone Orders Ib. Phone Orders Ib. VV JVHOLE CROSS RIB PURE LEAN ROAST decisions on the revised economic package he is preparing for the new Congress. Nessen said Ford hoped to put final touches on his (CP) The federal government has been opposed from the outset to special financing for the 1976 Montreal Olympics. Prime Minister Trudeau, skeptical from the beginning Pick Up Orders fiQC Only (limits) Ib. program during meetings with economic financial planning for the games, has warned repeated- RED BRAND GRADE A NO. 1 _ _ SIDES OF BEEF LEAN CUT, WRAPPED, FROZEN onlylb. late Friday and early today. There have been indications the president that Ottawa, won't pick up the bill if a deficit occurs. Except for the production BACON ENDS GAINERS BURNS BACON WIENERS AAA 30 Ib. limit 7QC 3 one CQ( llb.pkg Ib. J J pound pkgs Ib. VV WHOLE 18 VARIETIES OF HAMS OQC PARTY STICKS1 29 Ib 09 1'Alb. each Ib. his program as early as Tuesday. Also still to be decided, top presidential advisers said, is the manner of making a second tax cut to offset sale of special coins and stamps, and indirect assistance through established federal programs such as those run by Central Mortgage and Housing Corp., no federal money has been WHOLE EDAM COUNTRY CUT CHEESE 139 SPARE RIBS taxes on oil. One adviser said Ford There are growing reports that Olympic planners face a will propose a tax financial crisis RED BRAND GRADE A NO. 1 SIDES OF BEEF Q7C LEAN CUT, WRAPPED, FROZEN onlylb. 3 into the U.S. in an attempt to cut of soaring costs and trouble in the Quebec construction industry. VWTA'S OIMANTEIS MONEY BUCK ON Ml PURCHASES IN NOT SATISFIED REMEMBER! MONDAY ONLY! SHOP ECONOMICALLY AND ADVANTAGEOUSLY AT estimated such a tax might increase the price of gasoline by seven cents a of federal policy for Ottawa to step into the breach. Prime Minister Trudeau has spelled out the federal Taking it easy Prime Minister Trudeau of Canada and former British prime minister Edward Heath relax on a seclud- ed beach in Jamaica. The two leaders are both on mid-winter vacations. Trudeau family returning OTTAWA (CP) Prime Minister Trudeau and family are to return here Sunday after a three-week vacation in Jamaica, his office said Friday. position against special funding numerous times, one on Feb. 2, 1973, when he told the Commons: "More than four years ago, this government clearly defin- ed its position, namely that we would not make any special fi- nancial contribution to these games. "In letters dating as far back as 1968, and since then, Mayor Jean Drapeau has in- dicated that besides certain federal-provincial programs, no financing was required on the part of the federal government. James Hoffa withdraws as candidate DETROIT (AP) Former Teamsters union president James Hoffa says he will withdraw as a candidate for president of union Local 299, his home local. Hoffa said Friday his lawyers advised him to do so because if he even accepted the nomination for local presi- dent he would be violating the terms of his pardon. He said he hopes, however, to work in some capacity for the union and may be a can- didate in 1976, if his legal status is clarified by that time. When then-President Nixon pardoned Hoffa in 1971, it was on the condition that Hoffa could not take part in union activities until 1980. Do Caterpillar Wheel Loaders Cost More? It's true, Caterpillar wheel loaders do cost more, initially. Now, ask yourself why another make loader costs less. Maybe it's because there isn't as much machine to begin with. Besides the initial price, is it a productive machine? How dependable is it? What kind of resale value does it have? And most of all, what kind o( after-sale support does the dealer offer? After all, no machine is much good if you can't keep it working. Visit the dealer's local facility, if he has one. Is it equipped to repair the machines he sells? How well trained are the mechanics? What is the parts availability? How about field service? Does he offer any preventive maintenance programs? You may get some surprising answers. Ask your local R. Angus Sales Representative about parts availability, factory trained mechanics, modern diagnostic equipment and labor saving tools, field service, and preventive maintenance programs. R. Angus has them ali. How does the initial price look to you now? R. ANGUS ALBERTA LIMITED CATERPILLAR Caterpillar, Cat and ffiaru i .odenwks ot Caterpillar Tractor Co GENERAL OFflCE PO 16900. 107 An 464 0601 Nine Operations sefviciog Athe Edmonton. AIMna J "The government has now received a letter from the prime minister of Quebec con- taining a clear assurance that his government would not seek financial assistance from the federal government should a deficit arise. "The government has also received letters to the same effect from the city of Montreal and from CO JO (the Olympic organizing com- "The government considers that the agreements pro- vide the assurances we have sought. Since we believe a deficit is a clear possibility, these assurances are impor- tant. "These letters guarantee that any deficit would not be laid at the door of the federal government." Don't let reflections hide your eyes INCREASES LIGHT TRANSMISSION Open till p.m. Monday to Saturday (Thursday till 9 p.m.) The management of is happy to invite you to attend the opening of our truck body plant in Coaldale. The opening will take place, the Lord willing, on Wednesday, January 15th at p.m. For those who are unable to atlend the opening ceremonies in the afternoon, there will be OPEN HOUSE Wednesday, January 15th from to p.m. The opening ceremonies will be performed by the Honorable SEN. EARL HASTINGS Mr. D.A. LENNIE. manager of Indus- trial Incentives, Western Region and other Senior, Federal. Provincial and Civic dignitaries wil! be in attendance. COFFEE and REFRESHMENTS will be served. PLEASE COME AND SHARE OUR JOY! ____ THE MANAGEMENT retirement savings You could use a tax You work hard arid you should be getting some of the breaks you should be getting a tax deduction. You should also be putting money away for your future because, let's face it, you're not going to be able to work forever. What you can do about it. What you need is a retirement savings plan something you put aside every year that also gets you a tax deduction. Royal Trust makes it easy. Royal Trust has a new system that makes having a retirement savings plan easy. You put away as much as you want, whenever you want. Either a lump sum or so much a week, so much a month, just like a savings account. You probably won't even notice it, but it'll build up. You'll have money put away for your future and a tax deduction each and every year you contribute. And we'll go one step further. We'll lend you the money. Decide what you want. We can help you. Retirement Savings Plan. Royal Trust 740 4th Ave. South, Lethbridge, Alberta 328-5516 ;