Lethbridge Herald, The (Newspaper) - May 1, 1974, Lethbridge, Alberta
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Quebec launches action to expropriate island Offcers of Consolidated- Bathurst Ltd. have been notified that the Quebec government has begun pro- ceedings to expropriate Anti- costi Island. don't regard this as a hostile President W. I. M. Turner told a news conference prior to the share- holders' annual meeting. feel we have an understanding in principle with the He said there appeared to be Airline navigators to be automated out by computers VANCOUVER Don is the chief navigat- ing officer for Air Canada. In just a few he will be automated out of his job by And with him will go the Whelan issues warning OTTAWA Agriculture Minister Eugene Whelan said in the Commons yesterday there is no evidence of undue profiteering by fertilizer despite increases in fertilizer prices. If there is any price-gouging in legislation introduced earlier in the day to prevent profiteering will protect he said. Mr. Whelan was replying to questions from Harold Danforth who asked whether the government will allow the in the price of fertilizer. He wanted to know whether there will be a subsidy program or some other action to modify the increase. Mr. Whelan said the increases have not been far out of line with the predictions made by the companies and in some cases Canadian fertilizer prices are 50-per- cent lower than American prices. other 80 navigators on the gov- ernment-owned airline as it joins the trend 6f most major international carriers in relying on computer tapes to direct its planes. there are no tears over said Mr. who began his career in the Second World War when he navigated by means of some elementary equipment a certain amount of looking over the haven't resisted automation. It's simply the end of a cycle that. began when we first started to improve the The first improvements 35 years ago were the addition of charts and sextants to the basic navigational aids and compasses. Many of the pioneering na- vigators who filled the now- traditional seat behind the captain of the aircraft have seen the cycle go full circle. The company will train 57 navigators for phot duties. The others have been offered cash settlements or other company positions. The navigators first felt the pinch when they were restricted to trans-ocean trips because the pilot of a continental aircraft could keep contact from one airport to the next. But the biggest change came with the fast-flying jets which demanded a more precise system than propeller- driven aircraft. A system that not only lo- cated an like con- ventional but allowed the object to locate itself was introduced. in letting the courts determine the selling price of the square-mile island in the Gulf of St. Lawrence which is wholly owned by Consolidated-Bathurst. Mr. Turner said the govern- ment's expropriation notice stated the company had refused a purchase offer of million. Consolidated-Bathurst an- nounced last November that it will sell the island because it is not feasible to use stands of timber there for its pulp and paper industries. Purchase negotiations which have continued since that announcement have included company demands to retain petroleum and fishing Mr. Turner said. Touching on other aspects of the company's Mr. Turner said Consolidated- Bathurst's over-all strategy is to become a Canadian-based multinational and to defend itself the inherent vagaries of the pulp and paper by extending its packaging operations. pulp and paper industry is affected less by the economy than by its own cycles of construction of productive Winnipeg increases milk price WINNIPEG Retail milk prices in Winnipeg will increase by four cents a effective Manitoba agriculture minister Samuel Uskiw said Tuesday. The minister said the in- crease will raise to 37 cents the retail price of a quart of milk in the city. Prices may be slightly higher in rural he said. Mr. Uskiw said the federal government had given approval to the price increase. The minister said- the increase was justified by rising production costs. plans to nationalize Venezuela iron industry CARACAS Venezuela's new government says it is going to nationalize the iron-ore industry and will sharply reduce foreign investments in other companies. President Carlos Andres who took office March has told Congress that his government will revoke the iron-ore concessions that expire in the year 2000. He gave no timetable but are taking them back Perez also said nothing about compensation. The Orinoco Mining a subsidiary of U.S. and Iron Mines a subsidiary of Bethlehem run the Venezuela industry. They are producing 2.18 million tons of ore a and exports in 1973 totalled 23.1 million with more than 13 million going io the United States. Perez said that foreign companies dealing in goods and services must sell 80 per cent of their stock to Venezuelan nationals within three in accordance with a decision of the six countries of the Andean a regional common market. Among businesses that will be affected are the 14-store CADA chain of 50 per cent of which is owned by the Rockefeller and the Sears Roebuck chain. Perez also pledged 5.25-per- cent salary mainly aimed at providing more income for the poorest increased agricultural and industrial production an4 curbs on inflation. The president's centre-left Democratic Action which has a majority in promised swift passage of bills to put his proposals into effect. Perez said nothing about nationalization of the oil which is run by foreign companies and is the country's major source of income. But officials said earlier that the foreign owners will be phased out before their 40-year concessions begin expiring in the early 1980s. Venezuela is South America's oil with an average daily oil production of 3.2 million barrels and is the world's third ranking oil exporter. Venezuela is a major supplier of oil to Canada. The industry is dominated by American including Gulf and with Royal Dutch Shell the only non-American company. Oil is expected to bring Venezuela billion to billion this thanks to big price increases.