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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - July 3, 1973, Lethbridge, Alberta Tuesday, July 3, 1973 THE OTHMIDOl HttMft Drought victims Two women victims of the drought sit in o camp at Peol in- Africa's Northern Upper Volta last week. Thess people have been the most severely affected by drought and many others have emigrated south to Ni- geria, Ghana and the Ivory Coast. Veteran politician marks birthday By CAROL KENNEDY f' LONDON (CP) As Can- ada's Mitchell Sharp and four oifeer foreign ministers prepare to converge on London Monday for Sir Alec Douglas-Home's 70th birthday celebrations, com- mentators here are rolling out tributes to an "unsinkable" pol- itician who has been written off time and again but always sur- vived on Ms own terms. Sir Alec, the frail-looking for- mer 14th Earl of Home who shed his peerage in 1963 to be- come Conservative prime min- ister, took a punishing amount of criticsm inside his party when ha lost the 1964 election to Labor Leader Harold Wilson. In the Commons the aloof Scottish aristocrat, peering over his half-moon spectacles. was no match for Wilson's fil- ing sarcasm and filing-cabinet memory. Douglas-Horns once joked that he needed matchsticKs to work out economic questions. Britons chuckled but voted in- stead for the computer-minded Wilson, a university-trained economist. The Tories in opposition fi- nally ditched Douglas-Home in favor of abrasive Ted Heath, a thrusting politician in the Wil- son mould. Yet the self-effacing Sir Alec never lost his hold on a large section of the Tory Grassroots. When Heath won the 1970 elec- tion, he slipped easily back into the foreign secretary's slot he occupied before being pitch- forked into 10 Downing Street. Political commentors agree he has been much more of a success at the foreign office than as prime minister. From time to time one suggest that retirement is on the Sori- zon, but the former earl sails serenely on with no apparent plans for an early one-way ticket to the Scottish grouse- moors. His durability makes ft piquant contrast with the judg- ment of a university contempo- rary that he was "honorably in- eligible for the struggles of I life." PITTSBURGH PAINTS QUALITY Best Value in every Price Range The makers of Pittsburgh Paints recognize that paint buyers look for a product that suit both r their budget and their requirements for a par- ticular paint job. That's why we manufacture a range of qualities that fit into the "Bet- Jer or "Best" category. We think that all repre- 1 sent outstanding value in their price range. GOOD QUALITY Economy priced oil type house pairt. 545 Gal. BETTER QUALITY Sunproof Pafflt. Sun-Prool Uflex JaMmr enamel Abo crvailabte In Utttx 'Gal. 6.75 PITTSBURGH PAINT GLASS CENTRE 252 12th St. N. Ph. 327-15M Businessmen say Watergate hurts business NEW YORK (AP) Is the Watergate mess affecting busi- ness? A growing number of busi- nessmen say it is. 'President George Warde of American Airlines says busi- ness isn't as good as it should be, and be gave Watergate as' one of the reasons. William Sewell, chief execu- tive of Pan American World Airways, told analysts here that Watergate is a factor in keeping his line in the red. The impact of the White House scandal isn't something that can easily be proved in dol- lars and cents. Most executives who comment on the matter concede that its negative effect is transmitted mainly through changed human psychology. Airline officers, for example, don't claim that anyone cancels out of a trip for the specific reason that he or she doesn't want to travel while Watergate uncertainties exist. But behav- ioral psychologists say it is at least part of the reason. "It has frequently been ob- served in the past that unfavor- able news tends to color eco- nomic attitudes and ex- pectations, even if the news is not directly related to economic says the Survey Re- search Centre. The centre, part of the In- stitute for Social Research at the University of Michigan, says adverse news of any type might be translated into an eco- nomic decision. "It spreads' ultimately into, unconnected things, like in- said Dr. George Katona, dean of consumer re- searchers. "Because things are so bad people rather think it is a poor time to invest or to buy a house." And more specifically: "Clearly, business firms, which are mostly Republican, are downcast in view of such news and may not go ahead their spending plans." What upsets some of this thinking are facts: People might not be jumping aboard planes but they're still juyiig automobiles in record numbers, and bousing sales, if not hous- ing starts, remain at a very high level. This doesn't say that the ex- planations of Katona and SefraO and Warde aren't accurate, but it does suggest a dan- ger in attempting to blame Wa- tergate for everything that is wrong with the economy. is too much wrong. ItCJI 90% SOLID STATE Trucklodd Price 90% SOLID STATE Truckload Price 90% SOLID STATE Truckload Price 90% SOLID STATE Truckload Price 5678-62 There are approximately 195 Color T.V.s to choose from, all sale priced for you to look over. LAST WEEK OF SALE HURRY DOWN TO THE BIGGEST BRAND STAND IN TOWN AND SAVE SMITH 236 13th St. N. Phone 328-5541 CLOSED MONDAr Open till 9 Thurs and Fri. im ID ;