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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 8, 1972, Lethbridge, Alberta Full employment stand draws opposition boots OTTAWA Rovcrn- meul is cnnccrnud ulxnil possi- ble inflationary effects in Iho future that could arise from im- proper budget actions now, Prime Minister Trudcau told the Commons Tuesday. The government will continue to strive for budget measures tlmt will achieve the lowest pos- slbls unemployment consistent with stable growth, he said. Mr. Trudoau told John f.un- d rig an gale) that the government docs not accept the so-called full em- ployment budgeting, as advo- cated Monday in a brief by the Canadian Labor Congress to tiio government. Opposition MPs hoofed as Mr. Trudcau his government's recent economic actions have "the effect" of full employment budgeting, which lie also said Is It was a technical question no guarantee of lull employ- dial could not be answered pro- ment. perly in the brief oral question Extension to opportunity fund urged CALGARY (CP) The pro- posed million opportunity fund for Alberta business should be extended to small in- dustrial and resource compa- nies, Kays the annual report of the Calgary Stock Exchange. Such an extension would al- low individual mamlicrs of the public to share in the benefits of Hie fund. J, Thomson, general man- ager of (ho exchange, said at present "I don't think the fund is going to be made available to, shall we say, small drilling companies." "But if they do put our mon- ey out for them, perhaps on tho condition that they go pub- lic, then Albertans can come in here and support them, by buy- ing shares. "It's an excellent opportunity for the fund to become a re- volving one by benefiting com- I panics going on the exchange nd the government offering y shares or interest il owns tho company progresses." Ladies' and Misses' Splash through Spring without get- ting your feet well Fully hoots have moulded soles and como in Black or While, i-td. PAIR Misses' Sizes 11 -3 WOMEN'S ISeece-Sined, waterproof snowboots marked down in price! Must clear! Terrific sav- ings on many styles and end- of- lines! Broken size ranges only in Black or Brown! Buy Now and Save at these Low Open Daily 9 a.m. to 6 p.m.i Thursday arid Friday 9 o.m, fo 9 p.m. College Shopping Mall 2025 Mayor Magrath Drive WILL BE HONORED SYDNEY, N.S. (CP) For- er prime minisler John Die- nbakcr and Mrs. Dicfenbaker 11 be honored at a testimonial nner here April 10. period, There were many op- lions open under the system. MENTIONS MEETING Marcel Lambert monton West) asked whether Finance Minister John Turner was acting under government Instructions when he told a meeting of provincial finance ministers recently in Jasper, Alia., dial (he problem now up- permost in ttie government's mind is curtailing expansionary budget measures. This is an oversimplification, Mr. Trudeau replied. But the government is concerned about another possible round of infla- tion in the future, he added. James A. McGrath John's East) asked whether Mr. Trudeau accepts the definition of full employment by the Eco- nomic Council of Canada, which said it means an unemployment rate of 3.8 per cent of the labor force or less. The council has said the gov- ernment should aim to achieve (his level by 1975. Unemploy- ment has been running at about six per cent this year. Mi1. Trudcau said there is no reason to accepl 3.8 per cent as full employment. Perhaps the jobless rate could be brought even lower. The government would continue to strive for the lowest possible jobless level consistent with stable growth. Wecfncitfav, March 8, 1972 THE IETHBRIDGE HERAID 11 Car seizure 'high-handed' EDMONTON1 (CP) The seizure of a cor by Ford Credit Co. of Canada Ltd. was "high- handed and on Al- berta District Court judge ruled here. Judge W. J. Haddnd ordered tho company and its adjuster, Don Cookc, to pay damages of S2.500 to Mr. and Mrs. Joseph Holowaly o! Edmonton, whoso car was lakcn by the company in March 1971. Tho judge also found Mr. Cookc guilty of trespassing on (he ilolowaty's property and of removing a coil wire from the ear. Court was told that payments on the car and a truck were in default when B bailiff seized the truck in Davvson Creek, B.C., Match 18, 1971. Mr. Holo- waty, a trucker, was working there at the time. The same day Mrs. Holowaty look to the credit com- pany's offices to make Uio truck payments. Judge Haddad said M r s. Holowaly had been assured by credit company officials (hat the car payments could be made when her husband re- turned home. NEW U.S. ENVOY PARIS (AP) France an- nounced Monday Ihat Jacques Kosciusko-Morizet has been named suiibassador to the United States, replacing Charles Lucet. Men's Corduroy Windbreaker is a Sensational Value! Because Woolco, we kept tho prica tag for this rayon-lined eoMon corduroy jacket. Front zipper closure, V- shaped front yokes, 2 front welt pockets, adjustable sfde labs, bulton cuffi. Bra; s, Led en. Brown in 36-46. famous name men s fancy wlndbreakers A group of lined colourful foncy-ilyled wi1h assailed collar styles and up-to-the-minutg fashion trim derails. All of poplin fabric fully lined wirh rayon Bdlin. Adjustable button cuffs and size labs. Plum, Beige. Navy in sires 36-46, Boys' Wool Jacket This lined Mellon Club Jatkel is nn ideal "belween-season" gar- monll With cadet collar, dome fast- enings, knitted cuffs. Blue, Grfien or Black in sizes EACH Boys' Windbreaker in stylish corduroy. Knitted cuffs end waistband for n snug fit, col- ton lining for warmth. Brown, Navy, or Bronze in iirei 8-16. {not shown) EACH Lois of vafue for o tiny prfcel Of For cotton with self collar, 2 slash pockets wiih trim, fitted cuffs, waistband, rayon I n e d. Blua, Brown, Beige in sizes 8-16. EACH Boys' Bush Coat In pinwalo corduroy, Fashionabla controst stitch ing, 2 polch and 2 icoop pockets, removable belt, rayon lining. Burgundy, Brown, Bone in sizes 81 4. (not shown) Men's Longer Length Windbreakers Bo fn fashion with the [cnger look In this cotlcW nylon blond fackol lined with royon. Zipper front closing, 2 fronl welt Beige or Rust Hunter in regular sizes from 36 up, tall models also avail- able. Slylo No, 1 with knit collar, cuffs, waistband. fACH Style No. 2 in slightly longer length than No. 1, with self collar. EACH TAHS EXIRA Department Stores Because We're Woolco... ,Your Shopping Costs You Less! College Shopping Mall 2025 Mayor Magrath Drive Open Daily 9 a.m. to 6 p.m.; Thursday and Friday 9 a.m. to 9 p.m. ;