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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 3, 1972, Lethbridge, Alberta 24 THE lElllBSIDGE HER AID Friday, Morch 3, 1972 d: APOLLO 16 CREW The crew of Apollo 16 slops for o picture during a day of training at Cope Kennedy, Fla. From left are: Charles M. Duke; John W. Young, mis- sion commander; and Thomas K. Waltingly. They are scheduled for launch April 16 ihown wilh a model of fheir lunar excursion vehicle. (AP Wirepholo) takes Issue oil claims lly PAUL JACKSON Ilpralil's Ottawa Iluroaii OTl'AWA Pat iMiiiionoy, the former Calgary corponr.ioii executive mid now minister of statv iu Hie Tnidemi cabinet, lakes issue people who keci> insisting (he current Lib- eral adir.inLstration has an anli- business tinge. The Calgary South MP ami former Parliamentary secre- tary lo Edgar Benson when Mr. Benson was holding the finance; portfolio, can bring forth pretty substantial ovidcncc lo back in his contention. Tor instance, the provisions suggested in tho new Competi- tion Act will be much easier In and Ihey are taxation provisions. Tne tost ol time will show that. However, while Mr. Jilahoncy denies emphatically that the TriK.eau administration has an anti business streak, he ycots that businessmen iu gen- eral may have every to fce'i harassed hy all the legis- lation the government is bring- ing forth. "We have probably had lo suggest loo much change all at once. We've given a lot to digest in a very short period ot time. Every one has a con- servative touch in them, it's natural. People prefer to work under rules aim regulations ____ tllei' rather tllan un" lire new ones they are not so live about. "But much of this legislation is very contentious. Tax reform goes back a decade, the Com- petition Act and Labor Code I Tyumen fields over a period o( i crs are enthusiastic because the 20 years. Jn return they asked Hy 5IAHK FI1ANKI.ANI) London Observer Service TOKYO _ Japan and the Sfr Japanese to make a bank- viet Union have ods-c closer to-bank loan of million to towards an agreement to dc- improve an existing oil pipeline vehn Siberh which will have from Tyumen (o Irkutsk and to immense influence on the future I lay an entirely new line from over million in bank loans shape of world trade and se- Irkutsk to the Russian Pacific port of Nakhodka. million loan would be used by Russia to buy equipment aiid materials for the construc- tion of the pipeline. The Russians also asked for curity. As the fifth session of the! Japan Soviet Economic Com- mittee ended here this week, it was clear that both Japanese businessmen and the Russian Government are above all in- terested in tbc joint develop- ment of the vast West Siberia fuel resources, Other projects discussed dur- ing the week were the develop- ment of coking coal mines m Yakutia (East and of natural gas extraction around the island of Sakhalin. But the plum is the Tyumen oilfields of West Siberia which the Russians estimate to hold four to five thousand million tons of lovv sulphur crude oil, The Russians this week pro- posed to supply Japan each year with between 30 and 50 mil- Japanese businessmen sec in the project a chance to lessen their dependence on the Middle East now supplies HO per cent of Japan's crude oil im- ports. Their dislike of relying an unpredictable part of the world for oil has been strengthened by the way the Middle East producers have pushed up their prices. It would take only two days to ship crude oil from Nakhodka to Japan compared with the 29- day tanker voyage from the Middle East. Supporters of the project say transport would be safer as well as cheaper. ENTHUSIASTIC for the Yakuiia coal project. This would involve linking the mines with the trans Siberian railway and could ten years give Japan three million tons of good quality coking coal a year. Japanese participation in the development of Siberia has been discussed by the two countries for several years now, but ha? only recently begun to take shape. Japan is currently involved or committed to take part, ii the exploitation of ttie Sovie Far Eastern lumber industry and the construction of a nev Pacific port on the Bay o Wr angel. This wilt eventually handli sea-rail container traffic be over the high seas is highly vul- nerable. Japanese manufactur- lion ton of crude oil from SHRINE-LIONS Canada's only HOSPITAL YOUR BEST SWEEPSTAKE CAUSE n IP A MAIIKQW IMC105ED n my order payable 1a SHfllNt-llOH ASSOCIATION FOR tht MVntffit; Ha. cf tkhli (cto I [3 2 ftVrfl Q 4 R ilcMi n PHONE JDDfltSS PROVING WINNERS OF FEB.14th DRAW 1YIE 7AKSAUSKAS, V J. lation already in force in United States. And yet, despite the tighter restrictions in force across the border, business there has continued to flourish. Amendments to the Labor Code have caused some Cana- dian businessmen to throw up I their hands in dismay and hor- ir. But, says (he man did e heavy work of guiding the ammoth taxation reform pro- osals through Iho House of ommons, the amendments r.re eally no more s'ringent than currently on the in Ontario. I ask any sensible person to ell me how, ill 1972, can la- legislation not take into con- deration technological change, low can we ignore that a de- ision by management regard- ng new machinery, computers >r processes might throw ;cores or even hundreds of men ml of work? Obviously, these hings are impossible to ig- he contends. JAKES PREDICTION What's more, Mr. Matoncy predicts that Canadian business- will find themselves unita able to live and flourish under these two chunks of legislation just as they will under new imcMidmcnts both had their niufls some five years ago. They started off during a Umc of minority government, so il is obvious we'd attempt to get ilio .l.slctLion on the books just as soon as wo gol majority yoverti- mcnt in Ofiawji." tVDYlSUS CKITICS Mr. Mnhoney siiggcsfs thnt critics of I lie administration should take a look some of tho gootl tilings the government tias given the business commu- such as a stable and healthy economic climate. "For instance, our Gross Na- tional Product growth rate tins been significantly higher than Unit of the United States, even when the GNP in that countrv was at a virtual standstill In fact, the Financial Times of London awarded Canada it? economic Oscar for the way wo handled our economy." 'Of course, I he government caii'l take nil llic credit for the gi'owth in the economy. Tin1 nation's InisiiK'ssiiK'n li a v e made an outstanding contrihu- tion. Kvcryono .slionhl recognize that and proml of it." Mr. Mahoney stands firmly on the contention that Hie phil- osophy of (lie govern- menl, like '.hat of other Cana- dian governments, is tlinl Can- ada is a country wilh hnsically a free enterprise economy. Buf he that for of everyone, including business, the government sometimes has to step in to make that free enterprise economy work hct- ler. Calvary 1'lood control plan ahead CALGARY (CP) City counril has decided to go ahead with a flood control program after being warned that heavy rains or runoff c o u 1 d cause "catastrophic" floods in a valley suburb. Council was told a heavy flow of water in the Bow River could eanse a part of the bank to coN lapse which could then block the river and cmise water to cover a part of tho Bow- uess district. CO.MK 11V CAIt Some IS million cars carrying 31 million travellers from the Untied States crossed the bor- der into Canada iu SAND GRAVEL ASPHALT T01LESTRUP SAND AND GRAVEl Construction Co. Ltd, PHONE 328-2702-327-3610 RELIANCE AGENCIES P.l.T. INVESTIGATE 3813 GLACIER AVENUE 3 Bedroom almost completed Price Attractive family home Carpeted Living Room and Master Bedroom Down Payment Outstanding kitchen cabiriels Quality construction Monthly Payments AppTOX 197 Fine finishing throughout 3817 GLACIER AVENUE Price Down Payment Monthly Payments Approx 199 P.l.T. BOTH READY FOR OCCUPANCY Quality Homes by BOYCHUK CONSTRUCTION SHOWHOME PHONE 328-0824 SHOW HOMES OPEN SATURDAY AND SUNDAY, FEB. 26 AND 27 2 TO 8 P.M. Also 3 bedroom 1017 sq. ft. MORTGAGES EACH They argue that today's Jap- j twccn Japan and Western Ear anese tanker fleet spread out pe. But the new plans discuss re immensely bigger rcry way and this explains th of the Japanese rnment, as opposed to bus ess, in handling them. A lough the Russian dcEcgatio as headed hy a vice-ministe or foreign trade, Japanese dip mats and trade officials onl [tended the committee sossio s observers. The Governmen well aware that Moscow L iw making a big play Co apan. The recent visit 'okyo of Mr. Gromyko, the So Set Foreign Minister his first several years made that lain enough. Japanese officials do not vant to give the impression, lat they are ganging up with lussia against China, yet the Siberian pipeline (the first of s kind) would greatly help tho Russian army and navy in the East and along the border vith China. The deeply conservative Gov- rnment in Tokyo also has ob- vious reservations about letting 'apan become dependent on a Communist Power for a large part of its fuel supply. The Arab nations may be un- predictable, but in the eyes of a Japanese Tory, Russia is Red and inherently suspect. There is also some doubt about the right- ness of making such a large oan and on such ferms to an- other super-Power. "The Rusians are famous for their a senior Finance Ministry official re- marked this week as he ex- plained that much remained to :je done before Japan made up it.s mind. 'Hie next step will iw for a Japanese survey group lo visit the West Siberian oilfields working parlies will .study finan- cial and other technical aspects of the proposal. But the main reason why the decision will not be quick is (hat Hie Prime Minister and Cabinet must have the final word, and that a con- sensus is seldom reached here quickly on an issue of such im- portance. SIMPSONS-SEARS Glow Creme Rinse 67c Reg, 99c Simpsons-Sears own Creme Rinse In the large economical 16-oz. size to save you money. Beauly and Health Cold Creme Soap 9 for SI Reg. 3 for 52c Simpsons-Sears While Velvet Soap with cold cream to keep your skin sofl and clean. Beauty and Health Ladies' Slipper Assortment Reg. to i Slippers and mules available in a variety of styles and color. Broken size range. Hosiery Ladies' Blouses 1.99 Reg. to Shirt style blouses with either shorr or long sleeves. yellow, green, tan, beige, and blue. ladies' Accessories Ironing Table Reg. 5.99 Has hondy height adjuster. Sturdily construct- ed to last longer. Orange color only. Housewaref Camera Equipment YOUR CHOICE 30" 8.88 x 40" Glassboaded Screen 650 Movie Light Electronic Flash Camera Deptirlment 24-oz. Bubble Bath 99c Reg. Now, luxurious bubbles for your bath frcm While Velvet. This fragrant soother is colored purple only. Beauty and Health Professional Curling irons 6.99 you can do a professional curling job on your lovely tocks in minuses wilh these speedy cuHers. Beauly and Health Ladies7 Lacy Shells 2.99 Reg. Beautiful little sweaters in Black, White, Mag- enta, Yellow or Green. Sizes Small, Medium, large. Ladies' Aecessoriei Ladles' Knitted Vests 1.99 Reg. 3 only. Vesls to wear wilh skirls or slacks over a blouse. Choose from White or Tur- quoise. Sizes Medium or Large. Ladies' Accessories Bangladesh receives more aid OTTAWA (CP) and rapcsccd oil worth 42.5 mil- lion will sent lo displaced persons in Bangladesh am! refu- gees still remaining in India, The announced Thurs- day hy tlie Canadian Tntcrna- t i o n a 1 Development Agency, comes from a fund allotted for the victims the Pskistani civil war. The latest allotment brings the tolal Canadian contribution to Unifwl Nations programs to million. Another million in food aid has iwcn sent di- rectly to Bangladesh. Men's Slack Clearance Reg. to O. Choose from dress or cosuol slack Favorite slyle and color. Available slim, trim, and full cul sizes 28-42. Men'i Slneki In your in super Men's Outerwear Clearance Rog. lo 7.99 to 19.99 This low priced group includes coats, corduroy jackets, suede Jackets, and sub- urban coats. Sizes 36 to 52. Men's Wear One Size Pantyhose 1.22 Reg. Lilllp Friend Statuesque pantyhose fils sizes 155 to 180 Ibs. Honey Beige, Grey MisJ, Hinf 'o Brown, Navy, Nude Beige. Hosiery Ladies' Square Scarves 1.99 Beautifully pafterncd acetate scarves in your choice of fashion co-ordinallng colors. Beret and Scarf Sets 1.99 Reg. Warm wool sccuf sets that have realfy been cut in price to save you shopping dollars. todies' Accessorlet Noritake Progression China Rec, 49.99 45 pee. set of beautiful, fine china that Is highly chip resistant and dishwasher safe. Choose from Lima or Pacific Patterns. Limited quantities. China Department Electric Can Opener 8.99 Reg. Fealures push butlon cleaning and has mag- netic lid lifter. Opens standard size cans, Small Appliances Can Opener, Ice Crusher Reg. From General Eleclric this applia nee all household size and shape cans, crushes any size or shcpe ice cubes and has a handy built-in cord storage space, SmaH Appliances Boudoir Lctmp Shade 1.69 Reg. 8" x 9" x 8" clip-on style famp shade in a white parchment color wilh o white pom-pom trim. Inmp Deparlinenl Toddler Girls' Fortrel Slacks SPECIAL l.OO Easy-care panl for little Sizes 2, 3 oncJ 3X. Blue, green, navy and TOSG, Children's WRtir Little Girls' T-Shirts 1.77 SPECIAL Long sleeve turtle -neck T-shirt with zipper closure. Orange or navy. Sizes 4 to 6X. ChfMren's Weor STORE HOURS: Open Daily 9 a.m. to p.m. Thursday and Friday 9 a.m. to 9 p.m. Centre Village. 328-9231 ;