Internet Payments

Secure & Reliable

Your data is encrypted and secure with us.
Godaddyseal image
VeraSafe Security Seal

Lethbridge Herald Newspaper Archives

- Page 21

Join us for 7 days to view your results

Enter your details to get started

or Login

What will you discover?

  • 108,666,265 Obituaries
  • 86,129,063 Archives
  • Birth & Marriages
  • Arrests & legal notices
  • And so much more
Issue Date:
Pages Available: 28

Search All United States newspapers

Research your ancestors and family tree, historical events, famous people and so much more!

Browse U.S. Newspaper Archives

googlemap

Select the state you are looking for from the map or the list below

OCR Text

Lethbridge Herald, The (Newspaper) - January 20, 1975, Lethbridge, Alberta Monday, January 20, 1975 THE LETHBHIIjGE HDUIU 21 Trans-Alaskan Oil Pipeline Route (TAPS) I Proposed Arctic Gas Transmission System Proposed El Paso Transmission System Alaska Team EIS Responsibility Anti-growth rate ahead Japan's economic boom era over U.S. energy supplies will be considerably boosted when natural gas, as well as oil, begins flowing south from Alaska's North Slope fields. Still to be decided, however, is the most effective means of getting the gas to market with least damage to the environment. Under consideration are two pipeline proposals. One calls for a short route, roughly parallelling the TAPS oil line now under construction, from Prudhoe Bay to Alaska's south coas't, where the gas would be liquified and transported to Pacific Coast ports by ship. An alternative route would cross Canada, forking into, several pipelines that would serve California and East Coast areas. Foreign cities on Air Canada routes Canadian group plans hotel chain MONTREAL (CP) Every foreign city to which Air Can- ada flies is a potential site for a hotel in a proposed chain dominated by Canadian interests, a spokesman for Trizec Corp. Ltd. said here. John Meyer said the propos- ed chain, which would group hotels owned or controlled by Trizec, Canadian National Railways and Hilton Inter- national Co. of' New York, could be a way for Air Canada, another member of the proposed conglomerate, to remain cornpetitve with other international airlinesi Air Canada is the only large international carrier without .its own hotel chain, said Mr. Meyer, and having an interest in hotels located throughout the world could lead to special package deals. "I'm not saying we will build a hotel in every city Air Canada lands but .the possibility existed of acquir- ing or developing hotels, es- pecially in some European capitals the airline serves, he said. The company which would control the.hotels has not been formed, nor has a name been chosen. Because Air Canada and the CNR are Crown corporations, they need government- approval for the transaction. The proposed company would see Air Canada and the CNR each holding 25.5-per- cent control. Trizec, a large Montreal-based real estate investment and development company, and Hilton each would hold 24.5-percent control. The hotels in the chain ini- tially would include six owned by the CNR and six jointly owned by Trizec and Hilton. The new company would have the first option to purchase four hotel sites' being developed by Trizec in Saint John, N.B., St. John's, Nfld., Toronto and Winnipeg. The CNR would transfer ownership of its hotels in Montreal, Vancouver, Halifax, Jasper, Alta., Ottawa and Moncton, N.B., to the new company. Likewise, Hilton Inter- national would transfer to the new company ownership of its hotels in Montreal, Toronto, Quebec City, Brussels, Paris and London. Hilton International, which would manage the chain hotels, also manages 55 other hotels around the world which could have some kind of tie-in with the new chain, said Mr. Meyer. NEW MODELS MUNICH, West Germany (AFP) The motor firm BMW plans to put four new models on the month in February despite a crisis in the automobile industry. BMW also indicated that some existing models would be modified. THE ASSOCIATED PRESS The era of high economic growth is over for Japan, Japanese Premier Takeo Miki said today. "Hereafter it must be anti-growth rate which means a tough task ahead." Miki said the Japanese will have to settle for normal, stablized growth at home and refrain from promoting ex- cessive trade abroad. "In attaining our high growth rate, which was abnor- mal, we forgot normal values such as saving our natural resources and instead polluted our environment." At the same time, however, Japan's economic chief, Deputy Premier Takeo Fukuda, said Japan is "on the verge of a solution to IBM '74 profits increased NEW YORK (AP) Inter- national Business Machines Corp., the largest manufac- turer of business equipment in the United States said today its 1974 profits increased 17 per cent from 1973 despite a five per cent decline in fourth quarter, earnings. It was the first quarterly decline for IBM on a year to year basis since the fourth quarter of 1969. Annual earnings for the cor- poration worldwide rose to J1.84 billion or a share from billion or a share in 1973. Sales in 1974 hit a record billion from I billion a year earlier. inflation" and will not under- take anti-recession measures which might have in- flationary results. In other foreign economic developments: Labor Minister Moshe Bar-Am said Israel is suffering from a per of inflation but does not seem to be sinking into the same kind of reces- sion that threatens the West. "There may be layoffs but there will be no large-scale unemployment in coining Bar-Am said. officials reported a 15-year high in un- employment, with per- sons officially jobless com- pared with 125 a year ago. They said more than seasonal construction workers from Spain and Italy will not return to Switzerland this year because of a recession in the construction industry. European Common Market spent more than million last year to subsidize beef exports to the Soviet Un- ion, said to the market's ex- ecutive commission. In effect, the commission said, West European tax- payers paid twice: once to keep beef prices high at home and a second'time to make the beef cheap enough for the Soviets to buy it. In Vienna, Nesbash Otokiti Feyide, 48, of Nigeria took over as the new secretary general of the Organization of Petroleum Exporting Countries Peyide, previously director of Nigeria's petroleum resources department, succeeds Algeria's Abderrahman Khene and will serve a two-year term. As chief executive officer of the 13-member OPEC which accounts for most of the world's oil exports, the British-educated engineer will play an important role as ad- viser to member gov- ernments on policy. Shortly before his appoint- ment last December, Feyide said he favored a dialogue be- tween oil-producing and -con- suming countries. Fourth quarter profits were million or a share on sales of billion. In.1973, fourth quarter ear- nings were million of a share on sales of billion. IBM profits were running 26 per cent ahead of 1973 in the first nine'months of 1974 with installations and purchases at record levels. In the third quarter, the corporation an- nounced a six to eight per cent price increase on most products. iPECTACULAR Chrysler Canada Ltd. will rebate Directly to delivery of a Dodge Dart Sport. Come in and see one of the Happy Face Salesmen at King Chrysler January 25th for further details. jHoppyfoce Place Ute're In business to moke you smile Kino CHRYSLER UOtlSE LTD. 3rd Avenue at 11th Street South Phone 328-9271 DRUGS THRIFTWAY DRUGS THRIPTWAY DRUGS THRIFTWAY DRUGS THRIFTWAY DRUGS THR1FTWAY DRUGS THRIFTWAY DRUGS THRIFTWAY DRUGS BOLD Detergent 5L13 Our Price 2.39 SPECIAL Photo Albums Our Price 2.19 SPECIAL 1 49 10's Contac C Out Price 1.19 SPECIAL 1 09 Max Factor 9oz. Cleansing Cream 275 Our Price 5.50 MANUFACTURER'S SPECIAL Max Factor Swedish Formula Hand Creme 500 ml. Our Price 4.00 MANUFACTURER'S SPECIAL 270's Q-TIPS Vaseline "Intensive Care" 2 95 Our Price 1.53 SPECIAL 1 Bath Beads 09 16 oz. Pond's Cold Cream 11 oz. Our Price 1.62 SPECIAL 1 19 Our Price 3.11 SPECIAL 2 29 Protein 21 Shampoo Amosan 7oz. 20's Our Price 1.63 SPECIAL 1 19 Our Price 1.79 SPECIAL 99 Duncan Hines Cake Mixes 29 Arrid Our Price 75i SPECIAL 2s1 Antiperspirant 29 9oz. Our Price SPECIAL...... 1 Earthborn Shampoo 12.3oz. Our Price 1.99 SPECIAL 1 49 Frisco Shortening 09 Our Price 2.49 SPECIAL 3lb. 2 Dr. Scholls Sandals Benylin DM Cough Syrup 8oz. 25% OFF Our Price 2.69 SPECIAL 1 99 Paramette Vitamins 125's Coricidin "D" Cold Tabs Our Price 3.89 SPECIAL 2 24's 88 Our Price 1.82 SPECIAL 'Whoppers" Malted Milk Balls 11 oz. Nivea Creme 15oz. Our Price 89t SPECIAL 44 Our Price 3.21 SPECIAL 2 49 THRIFTWAY DRUGS Open Daily 9 to 9 p.m. Open 2 p.m. to 4 p.m. and 7 p.m. to p.m. 702-13 Strut Hulk PIMM 327-0340 YOUR I.D.A. Ml (MAIL DRUB STORE THRIFTWAY DRUGS THRIFTWAY DRUGS THRIFTWAY DRUGS THRIFTWAY DRUGS THRIFTWAY DRUGS THRIFTWAY DRUGS THRIFTWAY DRUGS ;