Lethbridge Herald, The (Newspaper) - May 2, 1974, Lethbridge, Alberta
Rising inflation responsible Union pressure for higher wages expected By RICHARD ANCO The Canadian Preu Rising inflation will in- tensify union pressure for higher wages this senior newspaper executives across Canada report in an economic outlook survey. They detect uneasiness in almost every caused by soaring material shortages and uncertainty about inflation projections. Ross Edmonton Journal says labor militancy has grown in the last few years and will certainly lead to demands for considerable increases in He says that although hardly anyone forecasts a major businessmen wary of what lies ahead and consumers are sick about 1 Higher grain how- have brought a buoyant mood to Prairie says Max executive vice-president and general manager of Begins Leader- Post. The same optimism is seen among potato farmers in Prince Edward Island by El- mer publisher of Summerside Journal-Pioneer. The survey was taken as executives gathered in To- ronto for the annual meeting of The Canadian Can- ada's national news-gathering co-operative. Their replies confirmed that no fuel scarcity developed in any area. people are more crit- ical of the federal govern- ment's handling of the so- called says James D. manag- ing editor of Fredericton Gleaner. the oil companies were not the ones to say there was a Suspicion about the com- panies' role in the over-all in- ternational petroleum short- age bothered many Cana- dians. L. N. editor-in-chief of St. Catharines not saying the crisis was people cannpt reconcile reported high oil-company earnings with higher prices. The com- panies have not yet earned despite strenuous for their high explor- ation Confusion over federal-pro- vincial squabbling on a natu- ral resources policy was noted by most of the newspaper executives. Western anger or alien- says Mr. Munro of The cannot be equated with Quebec but Albertans are almost unani- mous in wanting the long- standing grievances of West- ern Canada corrected.' The feeling is more one of resignation than says Editor-in-Chief Tom Green of Winnipeg Tribune. Many Manitobans think Ot- tawa politicians cater to big battalions of voters in Central rather than worry about equity for the there is nothing new about In the Atlantic provinces there was concern over off- shore mineral rights and gasoline and oil price equal- ity. Subject to this being set- the region's economic outlook will be greatly en- hanced if adequate reserves of oil are discovered in the says Graham Den- publisher and president of Halifax Chronicle-Herald. W. T. managing editor of Vancouver Columbia's economic considerations always seem to be at odds with federal pol- icies. Recent resource policy talks have the dif- ferences.' Wilfred labor special- ist with Toronto Globe and says inflation will be a major factor in union de- mands for wage increases or full cost-of-living allowances this year. Consumers have feeling of inadequacy to cope with inflation except through demands for higher wages SENDS UP COSMOS MOSCOW The Soviet Union launched Cosmos an unmanned earth Monday. the official news said the satellite's maximum distance from earth was 192 miles and the minimum distance 113 miles. Battles blaze A fireman crouches beneath a blast of smoke and flame from a B. F. Goodrich service centre in Ottawa. Eye witnessess estimated the flames shot as high as 700 feet in the air and smoke could be seen within a 35-mile radius. Canal shutdown has cost billions By ERIC PACE New York Times Service UNITED N.Y. The closing of the Suez Canal has cost the world more than billion in higher shipping trade reductions and other losses and has brought hardship to a string of ports running from Trieste southeast to it was reported here yesterday. Details on the effects of the canal shutdown were set out in a 45-page report compiled by the United Nations Conference on Trade and printed in Geneva and distributed here after some months' delay. Work on opening the closed since the outbreak of the 1967 Middle East has begun and Cairo predicts that it could be back in use within a year. COSTLY REPAIRS The cost of reconstructing the canal area and its war- ravaged towns is expected to be more than billion. total of the increased shipping trade losses or transfers and other economic consequences the canal's which have been is estimated at billion for the period from mid-1967 to the report and it observed that economic continue at an annual rate of billion. Longer hauls by detoured ocean liners cost million a the report and similar longer hauls by bulk carriers cost million. In the loss of transfer of southeast Asian exports that would have passed through the canal has been running million a the report concluded. Similar dislocations of exports from east African nations have been costing million a year. No figure was computed for the revenue lost by ports where shipping declined after the canal was but the report said on the whole the principal losers in consequence of the shift in vessels' calls have been developing countries in the Red Sea area and while the main benefits accrued to South Africa and to a lesser extent Kenya and the Canary Islands of Historic landmark area sought by businessman FAIRMONT HOT B.C. Walter a California is interested in and commercially leveloping The a listoric landmark of this area. Mr. whose California interests include a of restaurants in the Harmel-Monterey could juy a large part of The Hoodoos unless the B.C. government steps in and blocks the purchase. Board orders reinstatement of employee VANCOUVER The British Columbia Labor delations Board has ordered in Alberta construction firm reinstate an employee fired n February from a job site in The Vollan -foldings Ltd. of nust also pay the employee nore than two months' back vages at an hour. In a decision released board vice- Jack Moore ruled hat Barry a member if the carpenters had teen fired because of his union ictivity. Mr. Barber had tried to irganize the non-union vbrkers employed by Vollan ioldings in but was hen fired after the iuperintendent told him there vas no need for a shop Stewart in the job. In another the toard upheld an earlier of certification to the Tnited Steelworkers of America to represent four mployees at W. S. Tyler Co. Actor Clint Eastwood and Television talk show host Merv Griffin are partners of Becker in other business ventures but in this Mr. Becker said. in this one he said. think the area has great possibilities for The flanking Highway a few miles south of here at the top of Columbia Lake and about 60 miles north of get their name from the grotesque formations of their tower-like glacial clay deposits. aware of the situation and know The Hoodoos could go down the drain unless something is says B.C. Land Commission Chairman Bill Lane. WILL SELL LAND It is the commission's hope that regional authorities will utilize their powers to them in Canadian Mr. Lane said. The Hoodoos area covers three quarter sections in the Windermere Valley. One is owned by Calgary businessman Hans another quarter owned by Jack who operates a gift shop complex at the site and the remaining 160 acres are owned by the B.C. government as a park reserve. Mr. Roeck and Mr. Jeffery have indicated willingness to sell their or at least The Hoodoo portions of to the government. want to see The Hooiloos stay in Canadian but I can't go on ignoring the offer made by these American Mr. Roeck said. The provincial parks department has recommended purchase of The Hoodoos by the land as has the East Van Smith-Corona. Sunbeam. Gendr Wm. A. Wear Dominion Re Fj Parker Magic Hoste Castrol i Spaldinj Meccai Castrj Soli Pol ua Smi i. A. Wear West Bej Dominion Samsor SAVINBS COMETO LEIHBRIDGE Consumers Distributing is the easy way to shop and Shop from our 248-page catalogue in the store or at home. Select your merchandise from our vast inventory stored right on the premises. 'Off Dyr Spaldii Meccanl Mi Castrol Wl Glol Yasl Samson-I Remil Sunbeam. Fisher-Pricl Cf3 Tori Wm. A. Wear WeSI Parker IngraharrTJ Magic Castrol Wm. A. 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