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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - June 20, 1973, Lethbridge, Alberta J2 THE UTHBRIDGE HERALD Wednesday, June 20, 1973 Submit brief Chamber urges foreign investment bill tcithdrawal OTTAWA (CP) Cana- dian Chamber of Commerce moved into Phase 2 of its cam- paign against the foreign in- vestment bill, telling the Com- mons finance committee it should be withdrawn since "short-term political considera- tions are being given priority over the long-term national in- terest." In a statement to be read to the committee, chamber Spokesman A. 0. Wolff also said it is difficult to understand government inflexibility on the bill. In Phase 1 of the chamber's campaign, a delegation met In- dustry Minister Alastair Gil- lespie and his officials last week to object to provisions in the bill. They gave him a brief saying that proposed restrictions on foreign investment would ham- per economic development. The brief also released the results of a survey which reported Cana- dian businessmen as not consid- ering the level of foreign con- trol of businesses in Canada to be a problem. Mr. Wolff said in his state- ment that we were dis- mayed with the minister's ap- parent determination not to con- sider any constructive sugges- tions with respect to eliminating certain evident shortcomings in the bill." His statement did not elabo- rate on the reference to short- term political considerations. Last week's brief recom- mended that foreign takeovers of businesses in Canada be allowed unless they would harm the Canadian economy. The bill would prohibit such takeovers unless they bring "significant benefit." Woofco Elegant swagger style! Carefully made swag- ger-style handbao, of simulated leather. 9 compartments. 2 zipper pockets. Black, Havana, Sienna or Sahara. Each Italian made pouch-stye handbag. Of beautiful leather-like Apollo fabric. Snap-together shoulder strap. Black, navy, red, blue, pink, white. Each r Roomy Double-handle style Leather-like vinyl handbag has center frame, 2 zipper-top compartments and inside wall compartment, also with zipper. Black, novy, tan, red or white. Each You'll find o place for everything In this elegant simulated leather handbag, made in Canada. Shoul- der strap; zipper top. White only. EACH 8.84 Go around in style all summer long with this genuine leather handbag; adjustable shoulder strap. White only. Made in Canada. EACH Canadian-made handbag with flap- over, turn lock, 3 compartments and shoulder strap. Made of simu- lated leather, in white only. EACH 7.84 Geared to today's look, here's a beautiful shoulder strap urathone handbag for ladies. Black, Navy, Red, Bone, Brown or White. EACH t Unisex-styl( shoulder bag Simulated leather handbag has fancy belt end buckle trim on pocket flap closing. Choose from black, tan, navy, red, white. Each Stylish Leather Handbag f Leather travel Tote Bag With adjustable shoulderl itrap, flap-over and fancy! turn lock. Block, Tan, White or Yellow. USEYOUR Each "CHARGE IT" Double-handle style with one flap pocket, one zipper pocket and zipper top. Black, navy, red, white, tan or yellow. Each We reserve the right to limit quantities. COLLEGE SHOPPING MALL 2025 Mayor Magrath Drive DEPARTMENT STORES A DIVISION OF THE F.W. WOOLWORTH CO. UMITEDJ Open Daily 9 a.m. to 6 p.m. Thursday and Friday 9 a.m. to 9 p. IF YOU TAKE AWAY OUR LOW PRICES YOU'VE GOT A REGULAR DEPARTMENT STORE LBJ stamp Postmaster Carl Hobbs of Austin, Tex., says the de- sign of a memorial postage stamp in memory of the president Lyndon B. Johnson has beerr announced by U.S. Postal Service. The 8-cent stamp will be issued Aug. 27, the former president's birthday. First issuance cere- monies will be at the Lyndon B. Johnson Library. New ceasefire pact does little to ease fighting SAIGON (CP) The commu- nique signed in Paris last Wednesday by negotiators Henry Kissinger of the United States and Hanoi's Le Due Tho, aimed at strengthening the Vietnam ceasefire, has done little to ease the fighting and nothing to break the deadlock in the international peace-super- visory team. Sources in the truce commis- sion say the new agreement may have worsened the im- passe. By making no direct refer- ence to the presence of North Vietnamese troops in South Vietnam, the document appears to have hardened the resolve of Hungarian and Polish delegates to the four-country commission to prevent any further consider- ation of this issue. Canadians and Indonesians on the International Commission of Control and Supervision (ICCS) are equally unwavering in their determination to present for- mally documented reports of North Vietnamese infiltration of the South since the Jan. 28 ceasefire. As a result of the standoff, heads of the four delegations have not met in regular session for nearly three weeks. ICCS field officers, however, Centurion tank to be retired OTTAWA (CP) The Centu- rion tank, which dates back to the Second World War, will be retired by the Canadian forces by 1976, Defence Minister James Richardson said. He told the Commons the gov- ernment has no interest in keeping the Centurion in service beyond that date. About 80 Centurions are in service, roughly half of them in West Germany and the remain- der at the combat anas school at the Gagetown base in New Brunswick. BUM member NORTH BAY, Ont. (CP) Prime Minister Trudeau is a BUM. People who work at the underground air defence fa- cility here call themselves Broterliood of Underground Mushroomers. So when Mr. Trudeau, ac- companied by his wife, vis- ited the military facility last Suhday he was given a certificate declaring him a BUM. Word of the prime minis- ter's unannounced visit leaked out today. still go through the motions of making reports of investigations and forwarding them to Saigon where they lie in piles, awaiting to be considered by the am- bassadors. Basic cause of the deadlock is the insistence by the Canadians and Indonesians that the com- mission should agree to forward to the Joint Military Commis- sion their reports of North Viet- namese army operations in the South in the regular manner. The military commission is made up of Saigon and Viet Cong officials. The Hungarians and Poles re- fuse to take this action because they say the question of Nordi Vietnamese infiltration is out- side the scope of the commis- sion's mandate. Both the original Paris agree- ment and the latest commu- nique are vague on this ques- tion but they do call on both Saigon and the Viet Cong to re- frain from accepting troops from any outside country. The Canadians and In- donesians fear that to let the Poles and Hungarians veto con- sideration of their reports would set a crippling precedent which could be used anytime to stifle ICCS activities. But the implications of deadlock are making them- selves felt in areas outside the commission, sources say. For one thing, it is seriously eroding the confidence of the Vietnamese people in the use- fulness of the ICCS. For another, it apparently is increasing the difficulty of find- ing a country to take Canada's place when it withdraws from the commission at the end of July. Some sources indicate that unless a substitute country is found, Saigon will refuse to rec- ognize the ICCS as a legitimate agency and it will have to be dissolved. Finding a replacement for Canada is basically the respon- sibility of the United States and South Vietnam. But wry country chosen would have to be accept- able to the other two parties to the Paris Vietnam and the Viet Cong. Sources say Saigon would only be completely satisfied if a strong West European country took Canada's place. Most observers believe that if ,inv renlcement is found it will likely be a less-developed coun- try over which the U.S. wields strong influence. But if this happens, the South Vietnamese would likely fear that the Hungarians ano! Poles would have too much control and perhaps be able to use t'-o ICCS in support of the Viet Con? and North Vietnamese. As a result, many sources be- lieve, the ICCS may slide grad- ually into obscurity. ;