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Lethbridge Herald Newspaper Archives

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Lethbridge Herald (Newspaper) - January 30, 1971, Lethbridge, Alberta Saturday, January 10,1971 - THI LCTHMIDGI HIRALD - 17 Pattern of Nixon budget in line with Benson's OTTAWA (CP) - President i Nixon's new budget contained tome surprises for the government here but, officials said, it generally Mows a pattern already established for Canada by Finance Minister Edgar Benson. Surprising was the nine-percent rate of economic growth estimated by the president for 1972. While Ottawa expects a resurgence in the Canadian econ omy during the second half of 1971, it hesitates to go that far for the whole of 1972. The sharp swing in U.S budget planning towards deficit financing has been under way in Ottawa's budgeting since last mid-summer. In his Dec. 3 budget speech to the Commons, Mr. Benson estimated a budgetary deficit of 1320 million in total budgetary expenditures of $13,355 million for 1970-71, the fiscal year ending this March 31. But taking in such extra-budgetary revenues and expenditures as old age security and unemployment insurance, Otta- wa's over-all deficit this year now is forecast at $570 million. This is in sharp contrast to Mr. Benson's original plan to have a $130 million surplus this year. BORROWS HEAVILY Deficit financing in the budget simply means the government spends more than it collects in taxes and other revenues, by borrowing heavily. This has the effect of pumping more spend ing power into the economy in an effort to promote expansion. What is particularly intriguing to Ottawa officials is that the U.S. budget looks up to 18 months ahead. Today's Washington plan is for the fiscal year starting in July. Ottawa's current budget is for the fiscal year ending this March 31. Parliament here won't get t look at the government's thinking for 1971-72 until spring, and probably not until after the start of the new fiscal year April 1. President' Nixon forecasts gross national product increase of nine per cent in the coming year. But the farthest Mr. Ben Western oils continue climb as rally goes soft IU SIM'SS Bergerac feature. 11 Shut up. 92 Chief. 91 Milton's Ariel. 94 Irish hooch. 97 Camera part 98 Grape: Lat. 99 Spanish aunt. 100 Badly: pref. 69 Balance due. 102 Hired help. 70 Speelal skills. 78 New Guinea town. 74 Soviet newa agency. 103 People: Fr. 104 Part ef ' Arabia. 105 River to the Danube. 109 Smokes, for short. 110 Muslcsl double netti 111 Dwell. 113 8he-beari 8 p. 114 Debris. 116 Striped. 117 Hobgoblins. 119 Very long legs. 121 Render fluid. 122 Beyond human control. 127 Adapted. 130- Burr. 131 Harmonise. 132 Kept going. 133 School: Fr. 135 Animal life. 136 Squirrel furs: her. 137 Slang. 138 Fulcrum pin 139 Chow time. 140 Roll the -� 141 Vipers. 107 Pee heroins. 142 Locations. 17-pres.: about (Fr.) 20 Iberian wine city. 21 "- Fait Tutte." 23 Redactors! abbr. 30 Man's name. 31 Earthllng. 32 Stir te action. 33 Weapons. 36 Squadron. 37 Otary hunter. 88 Dental deposit. 39 Caen's river. 41 Armed te the-* 1 43 Test for racehorses. 44 Merges. Down 48 Dteeratee In a way. 47 Cotton bolt hulls. 48 Highway sign word. 49 Make beloved. 82 Tract of ground. 83 Worst 64 Type of watch. 86 Utterances of aurprlse. 69 Have In mind. 60 Laws or regulations, 61 Fished for morays. 63 Gone to pot, 65 Creator ef Gil Bias. 66 Rural deity. 68 Shrinks. 70 Human figure. 71 Atlas end Cronus. 72 Nestles. 76 Mankind. 77 Letter. 76 See 56-D. 79 Inferior ra horse. 80 Pertaining to frogs. 81 Wind Instrumental 85 Beguiled. 86 Gulch. 87 Caught. 89 Tree. 90 Character of people. 92 Fowl. 15 Guerrillas. 16 Compsss reading. 97 On Its last 101 Smart -% 103 Chinese herb: pk 104 British composer. 106 Seltzer bottles. 108 Posy. 109 Ancient Greek lyre. 110 Hunting dogs. 112 Spanish chaperons. 114 Hilly eoast region In N. Morocco* 118 Beyond due limit 116 Begin to grew. 118Mlserssnt 120 "And belle an her-s" 121 Springe. 122 Booby. 123 Biblical name. 124 Accurate. 128 Keystone State city. 126 Nonsense) creature. 127 Ge en -� 128 He: Lat. 129 Letter* 184 Greek latter. Diagramless 17 x 17, by E. M. Gallen Jr. June ia January Dividends By THE CANADIAN PRESS Debhold Canada Ltd., 6Ve per cent pfd., series B $1.56'/� March 1, record Feb. 15. Falconbridge Nickel Mines Ltd., 75 cents, Feb. 26, record Feb. 10. Hamilton Group Ltd., common 10 cents (increase of two cents) March 1, record Feb. 15; an extra 10 cents on common shares, April 1, record March 15; prd. (1.25, May 14, record May 4. Hudson Bay Mining and Smelting Co. Ltd., 30 cents, March 8, record Feb. 10. Inland Natural Gas Co. Ltd., 15 cents (increase of 2Vz cants) Feb. 15, record Feb. 8. 1 Father of Lancelot du Lae. 4 Dessieated. 6 Hangs around. 5 Mrs. Elsenhower's maiden name. 9 Female deer. 10 Pickling medium. ACROSS 11 Lizard. 14 Concede. 15 Suppliers. 18 Boast. 19 Perceives by the ear. 21 Couples. 23 Charged particles. 24 Devours. 25 Concedes. 27 Sign oV drowslnMo. 28 Peet. 29 Cause te . rlehochst 30 Poetlo contraction. 32 "Connecticut Yankee" maglelan. 34 Sparse. 85 Marriage month. 86 Fraternity obligations. 87 Leaving. 88 American Indian. 99 Aerial vehicle. 41 Creator. 43 Transaetlen. 44 Track horse. 45 Provisos. 47 Calculates wrongly. 48 Supercede. 60 Span. 61 Change colore. DOWN 1 Newlywsd. 2 Islet S Require. 4 Where newlyweds march: 3 wds. 6 otiose bees. 6 Cut of pork- 7 Fruit pit 8 Hauls. 10 Marked cattle. 12 "Here Cornea the Bride," e.g. � 13 Top eutt la) pinochle. 14 Newlywsd. 16 Dssttny. 20 Acquire by 16 Bitter vetch. labor. 17 "Honl - qui 22 Heavier, mal y psnss". 26 Like. 16 Coal 26 Mexican repository. gentleman. 28 Implore. 34 Alee. 29 Front edge ef 35 Comedlan'e the tibia. forte. 81 Female ruff. 87 Certain 33 Apply eporteman. friction. 40 Dsn. CRYPTOGRAMS 42 Land measure. 44 UN elm. 46 Reced. 49 Minstrel** eng. 1.BALOW LTJVBA BPIN HPAMB SBWKMABBW Wl.al SOLUTIONS OF LAST WEEK'S PUZZLES aHCira nil lanranniH araEin_ sinmrannniH mGnnnrAtr imaa nam iqeii nrrnsn nnra nraniH raiam nnn nrara mran nnn nmmnn nmnra nrnnr, iiinHera nrann Hntrnnia rann mnn nrnnnr MiununnniiEJE lauuu urjuf-i ranrmmnnnnn Hwrjuinn nrnn run Rimnniran ramnn r?rni? , nnnra nrann umiHit nnnnra nrann nnin rann ciiam mm annn uauu uiyu uuia aiiuuuuuiJ HUE umuu u nnn nnn! UUli 9JL11313| HQEUalllEr > IflUlJllLE UUUbj , nraiaa aanaaia hudij iDuia adnata bhuuicib uuuiu uuuu ^naoaarcnanHHin uqiubuiuuiiiij mnnntnm iubjuiij nrjiu:inn rfunzM mnn niacins hhciliBsih ("ionnora fiirnrarani nirqnnn nuu rcrcaniftia arnrirririni.inimnraia uuta Lsjisnnm nuiiaa auuu uuuu raaoni maimm ucinnis (-iriiiiiu.u rarer* aaaaaai'iGimiLi hijhi'Ihi.im "lMinranra nnra wmnnnrn I v^ia-fircrtsi nttnum&mnann awu ria>i sronreTiPiriraiiiiairifi ranraninP! m 'jsjoua iiL4aaa ani.iuni:ni [j'.nt�iaa amaa auuuuiu ramqiiraoHij'H rinninrirjiraBMuiuMu "liana inarera taaiauim uuuuuiu VFL fPW VLT IUL XHOB AKZXLVN. - ny Sale W. Malta 3. GUM TGL TZLT ZB JCE LO CKBAT CBM HAWWUT JGGWV. 3. ZGBWDFT XZGB XWTTTT XDFTV. 4.0MM MEX MGE GftfMTX MGETD. _ by Bale W. Bflakta _byaifer�E4fe - by Earl Ireland Last Week's Cryptofraau 1. *Wewe" items frosa Initial* ef north, east, west, eeath. True er false? 2. Most dire houseeleaaiBf Jsfi ead la scklag Joint* and sere awselee.  Field fiaterprUce^ Inc. 1971 ;