Lethbridge Herald, The (Newspaper) - June 24, 1974, Lethbridge, Alberta
LETHBRIDGE Election gloom reaches Calgary streets Budget proposals threaten Alberta oil industry dry up CALGARY (CP) Gloom has been gathering in this oil city built on optimism and it has spread into the July 8 elec- tion campaign, making some politicians turn against major parts of their own party plat- forms. It has reached the street where some oil company em- ployees demonstrated against Prime Minister Trudeau, and a Progressive Conservative member of the last Parliament has drawn up plans to move even more of his company out of Canada to California. Some people in this city of are saying with concern that the Canadian oil industry may be drying up, shoved on its way by federal budget proposals and CAREERS LOUNGE PERSONNEL Mature responsible person needed. Wages commensurate with experience. Apply in person to Mr. G. Royer PARK PLAZA MOTOR HOTEL For Fast Results Use Classified Ads Phone 328-4411 CAREER OPPORTUNITY FOR A COMMISSIONED SALESMAN if you enjoy selling furniture and major appliances join a company where you can enjoy earnings of to annually. You'll be eligible for our liberal benefits in- cluding Pension Plan, Health Plan and Life Insur- ance. Apply in person at Zellers County Fair 1710 Mayor Magrath Drive, Lethbridge Elks Club of Lethbridge require 2 COOKS Full Time Phone 327-7219 for Appointment REQUIRED IMMEDIATELY PURCHASER COSTING CLERK by an expanding local manufacturer. High school education minimum, business ex- perience an asset, must be ambitious, advancement potential for the right person. Contact: Norman Heebner CANADA MANPOWER CENTRE WANTED! Youthful mature individuals interested in pursuing a career in Calgary in the retail food industry with Canada Safeway Limited. Present salary range per hour. Excellent benefit program. Apply in writing or in person to: PERSONNEL DEPARTMENT CANADA SAFEWAY LIMITED 535 10th Ave. S.W., Calgary T2P 2J4 increased provincial oil royalties. The extent of the gloom is difficult to measure although Calgary politicians say the possible demise of the oil industry is, by far. the main issue in their election campaigns. They say 65 to 85 per cent of Calgarians are affected directly or indirectly by the oil industry. Stocks down Bill Fulton, president of the Calgary Stock Exchange, noted that by mid-June oil shares had plunged more than 20 per cent from May 6 when the Liberal government's budget proposals were introduced. Brothers estimated that this represents a loss, on paper, of more than billion by oil company stockholders. "The over-all market loss has been staggering, just beyond imagination and you know the budget was aimed against Western Canada and the oil industry in said Mr. Fulton. Oil industry spokesmen are even more angry about the ef- fects of the Liberal budget. It would have increased the fed- eral tax hite on the oil industry by stopping companies from claiming provincial royalty payments as a federal tax deduction. The measures were never passed because of the defeat of the government on its budget, but the Liberals have promised to reintroduce them if they form the. government again after the election. did we go wrong in allowing this to asked John Poyen, president ACCOUNTANT Air Conditioned Office Pleasant Working Relationships Excellent Benefits and Salary Plan Requirements: Able to meet and deal with agriculturally oriented public. Two to three years com- pleted in R.I.A. or C.G.A. programs or equivalent. Able to take charge of office and procedures. Municipal and Irrigation experi- ence an asset. Apply to: LETHBRIDGE NORTHERN IRRIGATION DISTRICT 33413th Street North Lethbridge, Alberta Telephone 327-3302 Applications close July WE'RE ON THE LOOK OUT FOR GOOD WE are a company of Good People and we need more at this moment, real estate is one of the fastest growing industries in the country. To maintain pace with this rapid growth, Block Bros, needs more sales personnel. WE offer some of the best training courses in the in- dustry. We offer virtually unlimited funds to help you make deals. WE offer you the satisfaction of helping people attain a lifelong real estate. of the Canadian Petroleum Association. He answered his own question by saying the conventional image of the oil industry as "a bunch of Yanks in the Petroleum Club plotting the rape of Canada." "Right now, our credibility is zero." (innatliatifi But Mr. Poyen said people must understand that there are no plots, except to make a contribution to the Canadian economy, that 95 per cent of Calgary oilmen are Canadians and that most company decisions are made in Canada, no matter where the money comes from. People must also realize, he said, that the very industry which is essential to prevent an energy crisis is slowly being pushed out of Canada "The whole mental attitude of people here is a negative one now. There used to be big discussions about big projects, great plans, but these guys are sitting on their hands." Amoco Canada Ltd., Canada Cities Service and Anderson Exploration Ltd., a small independent firm, have announced plans to suspend or delay exploration valued at a total of million. They said it was essential because of the squeeze on them fay both provincial royalties and the proposed federal tax. One senior oil man said every Canadian oil company is reconsidering its exploration and capital programs but most will wait until after the election before making decisions on them. There were other gloomy signs. Fewer wells Statistics for the first four months of 1974 show the in- dustry is drilling fewer wells this year in all areas of Canada and is having less luck striking oil or natural-gas in the traditional producing regions of Western Canada. Mr. Poyen said the and have a chance to recover if the proposed budget is discarded if the Liberals are returned to power. Unlike Mr. Poyen. John Rudolph, president of Bluemont Resources, a small oil company, said it may already be too late. The experts and the com- panies are already being forced out and are not likely to return, he said. And if the budget proposals should be eliminated, and pro- vincial royalties stay the same. "I don't think there is any question but that the oil industry is virtually wiped out Peter Bawden. president of Peter Bawden Drilling Services Ltd., and Conservative member of the last Parliament for Calgary South, said the oil industry can regain its vigor if the Lib- eral proposals are discarded. And if the proposals do go through and business is reduced considerably as might be expected, Bawden Drilling will "just make a quiet shift. Move out "It's all planned right now We're going to take another 20 to 30 per cent out of our Cana- dian operations right away and move to California." But many say the oil industry is bluffing, that it is only using the budget proposals as a political football in hopes of in- fluencing a win by the Progressive Conservatives. The Conservatives have said they would throw out the budget proposals. Some Calgarians say that every time oil and gas royalties have gone up. oilmen have screamed that the golden goose may be killed George McGuire. New Democratic Party candidate in Calgary Centre, said the oil industry pronouncements about the effect of government measures are only "a threat which is not viable." "It's a bluff They will not pull out." Myrna Johnson, a Calgary housewife, chided the oilmen for "trying to scare us." I'lenty of oil "I think there's enough oil and gas that they don't have to worry the people the way they have." But some of the Liberal can- didates in Calgary, trying to break the Conservatives' stranglehold on all 19 Alberta seats, don't think the oil companies are bluffing. They don't like what their Liberal prime minister is trying to do to the oil companies. Frances Wright, a 26-year- old stockbroker running in Calgary Centre tor the Liberals, was critical of Finance Minister John Turner. He said the oilmen "are absolutely furious with the Turner budget and I agree." "Turner needs a .few things explained to him. Unfortu- nately, he won't listen to any- body but his own kind." (Liberals) John Sutherland. Liberal candidate in Calgary North, said that "if there is any tax at all put on oil by the federal government it should be related directly to windfall profits." "This is not the situation here." Calgary lawyer Michael Webb, campaign organizer for the Liberals in sonthern Al- berta, called the Turner budget "horrendous." but added: "It's obvious, however, no federal government, whether PC. Liberal or NDP would, or could, let any industry of major significance collapse But meantime, said Mr Rudolph, the industry which needs optimism to survive, is being denied its "daily com- modity of hope." Ulster Freedom Fighters seeking end to violence Wtofferyou .Block Bros. For more information call BLOCK BLOCK BROS. NATIONAL REAL ESTATE SERVICE LTD. BLOCK I BROS. Tim Grisak 328-2356 Evenings 328-2266 BELFAST (AP) The Ulster Freedom Fighters, a. Protestant band blamed by the British for some of the murders in Northern Ireland's sectarian war. asked Saturday for an end to the violence. "Northern Ireland is now entering a period where the absence of violence is essential and we think the people should be given the chance to think clearly about the future." the group said in a statement distributed by the Ulster Defence Association Little is known about the Do yourself a favour. Buy an Eaton Viking canister vacuum for thorough floor to ceiling cleaning. Economy Viking vacuum cleaner draws over 1300 cu. in. of air per second. En- amelled steeS housing has wrap-around bumper, swivel top, inner cloth bag and wheels. Complete with cleaning tools for any job. Eaton model V262 Loads of cleaning power in this Eaton Viking, it draws over 1700 cu. in. of air per second. Has suction adapter, visual dust bag guard. automatic cord reel disposable dust bag, tool rack for the cleaning at- tachments. 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Largest of the Protestant paramilitary organizations, said it was contacted by the Freedom Fighters and asked to put out the statement. "However, we are not satis- fied they are .behind all the jobs blamed on them." a UDA spokesman said. "Like everyone else, they have had enough of the violence and. if after elections it is found the people can work together, they will be as happy as anyone." he said. Militant Protestants are agitating for new elections to replace the coalition government of moderate Protestants and Roman Catholics that collapsed last month after a crippling Protestant-led strike. The militants expect that a majority pledged to oppose any form of conciliation with the predominantly Catholic Irish republic would be returned if elections were held. Leaders of the Protestant paramilitary groups met last Monday to consider proposing a ceasefire to the largely Catholic Irish Republican Army IRA 1, which is battling lo oust Ihe British from Northern ireiand and to unite it wjth the Irish Republic. But the Freedom Fighters were not represented at the meeting. Those attending were the recently legalized lister Volunteer Force, the Red Hand and the UDA. TRUCE REJECTED The East Belfast branch of the UDA rejected the truce Wednesday, saying "In our view, any talks with either wing of ihe IRA would be a betrayal of Protestants and oi our heritage." Meanwhile, a policeman was shot dead in the Cnimlin Road area of Belfast. Ihe 30th police officer to be killed this year Another policeman and a civilian were wounded. Police said the two policemen were on patrol when a gunman in a passing car opened up with automatic fire. The car which police said was stolen earlier in the day. was found abandoned in a Catholic district, leading authorities to suspect that the IRA was responsible. President Larry Long, manager of University of Lethbridge bookstore, was elected to a two-year term as presi- dent of the Canadian Booksellers" Association a! Jhe organization's 23rd annual meeting held in Toronto last week. Mr. Long replaces Evelyn De Miile of Calgary, be- coming the second Aiber- tan in 23 years to serve as CBA president. Manager of the U of L bookstore for the past five years. Mr. Long was born in Medicine Hat. He obtain- ed his schooling in Fort Macleod, graduating from high school there. He later returned to Medicine Hat where he worked for 25 years with Eaton's of Can- ada. BLACK POWER Lighlnmg struck a sheepfold in France, killing ev- ery black sheep but leaving all the white sheep unharmed.