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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - March 19, 1974, Lethbridge, Alberta March 19, 1D74-THE LCTHMIOQC HERALD-9 Argue says yards in confusion Packing firms are sabotaging the new federal beef subsidy by refusing to pass it on to producers, Senator Hazen Argue said Monday. The Liberal senator said in a telephone interview from his farm at Kayville, Sask., that "complete confusion" prevailed on the livestock markets Monday. Senator Argue said he sup- ports the seven-cents-a-pound subsidy, announced Friday, but believes it should be paid directly to producers, rather than through the processors who buy the cattle. He was in touch with Agriculture Minister Eugene Wheian's office and had recommended direct payments to producers, "thus removing any danger of the packers and retailers in- creasing their own profits by passing an increased price on to the consumer." A more effective way of ob- taining the subsidy would be for producers to apply for the additional sum by submitting their original bill of sale to agriculture department officials. Mr: Whelan announced the subsidy in the Commons Fri- day, saying the program is in- tended to offset the effects of a flood of United States beef imports which were lowering prices to Canadian producers. Senator Argue said he talked with officials at western livestock markets Monday and discovered a state' of confusion with processors refusing to pay the subsidy to producers. Bicycle prices 'to rise' TORONTO (CP) The World energy shortage is sending up the price of bicycles in Canada, trade spokesman say. Trade sources here predict prices will go up by at least .next month and further in- creases will follow. Higher prices and diminishing supplies result from the energy situation diverting droves of au- tomobilists to bicyclists, par- ticularly in Europe. This has meant much of the overseas bike production normally des- tined for North American is remaining for home markets. As a consequence, Canadian production is hit by shortages of components such as seats, pedals, tires, gear systems and brakes. Keith Thomson, group prod- uct manager for a major Canadian manufacturer here, told of ordering bikes or parts from overseas and being notified of price increases while ships carrying the merchandise were at sea. 1.2 million in tax returns out OTTAWA (CP) The Na- tional Revenue Department has received 3.1 million individual income tax .returns so far. processed about 1.2 million of them and paid out million in refunds, a spokesman said Monday. This year's processing of 1973 federal income tax returns is running faster than last year, when 2.7 million 1972 returns had been received. 527.000 processed and million in refunds paid out by this time, he said. Almost all of the individuals whose tax returns have been processed so far this year have received refunds, averaging each to 1.1 million single or married taxpayers. Most early returns are from persons with relatively simple tax situations who expect to get refunds. The revenue department spokesman also said errors on returns are running at about the same 11-per-cent rate as at this time last year. The per- centage usually rises to about 20 per cent for the entire year as more complicated returns wiOi more mistakes come in later. The spokesman said depart- ment officials are not quar- relling with a published esti- mate that some million in additional federal tax revenue wii! be recovered from errors, fines, special audits and fraud investigations. CLC paints economic picture 'too darkly' Locomotive sale confirmed MONTREAL (CP) MLW-. Wortnington Ltd. confirmed today its representative in Ha- vana has signed a contract to supply the Cuban government with 30 railway locomotives and spare parts. A spokesman said the h.p. diesel electric locomotives would be built at the firm's Montreal plant and deliveries would begin in mid- 1975. The signing was announced earlier today in.a Radio Ha- vana broadcast monitored in Miami. The proposed sale has been held up because United States law prohibits U.S. companies or their subsidiaries from trading with Cuba. v MLW-Worthingtoh Ltd. is 52 per cent, controlled by Studebaker-Worthington Inc. of Harrison, N.J. However, the nine Canadian directors of M-LW-- Worthington Ltd. voted here March 8 to pursue negotiations with Cubai Ouch! An unlucky piper marching in the annual St. Patrick's Day parade Sunday in Montreal slips and falls on an ice-coated St. Catherine" street. More than six inches of snow fell in the city on the Irish holiday. OTTAWA (CP) The Cana- dian Labor Congress told the government Monday that the economic 'outlook for the average wage-earner is worse in some ways this year than in 1973 but Finance Minister John Turner suggested the CLC was painting the picture too darkly. Donald MacDonald, CLC president, said in the annual meeting between the congress and the federal cabinet that unemployment may rise to a national average of 6.5 to seven per cent this year "unless there is a vigorous attempt made to cure this cancerous-problem.'' And workers would have to bargain as hard as they could this year for wage settlements that would take into account the soaring cost of living. The brief was the last pre- sented by Mr. MacDonald as congress president. He is retiring this year. The finance minister said the CLC used' a statistical approach to inflation designed to give the worst possible results. It was undoubtedly true that wage and salary increases were largely offset by living costs. But disposable income for Canadian workers had increased about twice as fast as for American workers in the last three years. Mr. Turner also said that .while unemployment still is too high for his liking, the government's efforts had produced new jobs last year. This increase of 5.2 per cent in .the labor force was higher than the previous record of 4.3 per cent in 1966. The finance minister said that the corporate tax reductions introduced by the government last year helped create new jobs in the manufacturing and secondary processing industries. The congress opposed the tax reduction in last year's brief. The brief said minimum wages and social security pay- ments should be tied to both increases in national productivity and rises in the consumer price index. Lower-income group's should be protected against rising costs, the congress said, by the government tying social security programs to productivity and cost of living rises. While commending the gov- ernment for bringing in full cost-of-living indexing for pen- sions in the last year, the con- gress said it was not happy with a policy that restricts raises to consumer price rises. "There is an improvement factor, resulting from rising national productivity, which should be taken into the brief said. Inequitable in- come distribution would be perpetuated without this change. The congress also suggested a federal minimum wage of an hour with indexing to consumer prices and productivity. NEW for 74 just arrived T-Strap with wedge heel (exactly as illustrated) Available-in White, Brown and Black t Patent. Pair Look-Tor many other Hi-fashion styles arriving daily! CHVRGEX MflRRNJO I WORLD OF SHOES FURNITURE OUR PRICES ARE (V OUR SELECTION IS Wednesday, Thursday, Friday, 20, 21, 22 9 a.m. to 9 p.m. Saturday, March 23rd 9 a.m. to 6 p.m. Carpets, Furniture and Appliances btiiig sold at "Manufacturer's direct to you CARPETS Choose from name brand carpeting such as Barrymore, Harding, Ven- ture. Celanese and many others. Our selection includes: RQMANTS END-MUS KITCHEN CARPETS ROOM SIZE RUGS mi CMVETS FURNITURE APPLIANCES From the manufacturer's of Westinghouse, Kroehter. Simmons, Sealy, Ducan, Acm.e Chrome, and Downing, Hall, Defehr, Tynan, Sklar, Meridian 'and many, many more. Chsstsifietd SIMM, Bedroom SuKos Kitchen Box and Mattreetes Coffee TaMoS) -End' TaMee Stereo, Components Washers, Ranges SrnaH Appliances including: Kettles, Toasters, Fry Pans, Steam Irons, Hair Dryers, Radios, Can Openers, etc. DIM to the km offered, el to on a pick up or shipment beeto. So bring your truck end save more. In-Town MfcMwieifsilariMat ffhMft ttflJhHf' dMVfBnM CM M mtTmnymo for, on wcanon, mnnignoui wvi ALL SALES CASH, OR INSTAN7 FINANCING IS o o.o Otr Plrigt to yon: This is a no nonsense, no gimmick sale. Our merchan- dise has been purchased in large quantities at savings which we are passing on to you, our customers. iWH v and CARPETS ;