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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 3, 1972, Lethbridge, Alberta Wednesday, May 3, 1972 THE LETHBRIDGE HERALD 9 law against loan sharks OTTAWA (CP) Provincial legislation may be the only way to halt a shady traffic in unem- ployment insurance cheques, Cyprus strike NICOSIA (API riot public secondary school- teachers Ihroughout the island went on strike yesterday, clos- ing practically ail high schools in Cyprus. The teachers joined thousands of while-collar and other workers already on strike for pay increases averaging about 20 per cent to keep pace with the rising cost of living. the Commons finance commit- tee was told today. Superintendent of Insurance Richard Humphrys told the committee the courts have not yet determined whether loan sharks who buy the cheques at a big discount may be dealt with as moneylenders under federal law. The federal government has the constitutional authority to protect borrowers from extor- tionate interest rates. But, Mr. Humphreys said, legal argu- ments made on behalf of the loan sharks propose that money advanced to unemployment in- surance claimants represents purchase of an matter within provincial jurisdiction. Mr. Humphrys added that there is no law "to tell a man he can't sell Ms assets." Marries at 87 LONDON (AP) Lord Shin- well, former Labor defence minister and now a member of the House of Lords, was mar- ried here for the third lime at the age of 87. At a registry of- fice ceremony kept secret even from close friends, he wed Sa- rah Hurst, 75, a London neigh- bor. Lord Shinwell left the House of Commons and accept- ed a life peerage in 1970. Loansharking in unemploy- ment insurance cheques was raised in the Commons earlier this year. The practice xvas re- ported in Montreal, Vancouver, Winnipeg and Calgary. Reports said unemployed workers in need of cash wero obtaining money by agreeing to hand over the rights to their unemployment insurance cheques when they became eli- gible to receive them. Usually, the advance was much less than the value of the cheques. NOT VEGETARIANS Spiders feed on living prey, which may be paralysed or killed with poison. 6" STYLE WITH PLAIN TOE 8" STYLE WITH PLAIN TOE PAIR 6" STYLE, pnir with reinforced too 8" STYIE, pair with reinforced toe WOOLCO the best price! Opon Dnily 9 a.m. to fl p.m. Thursday and Friday 9 o.rn. to 9 p.m. College Shopping Mall 2025 Mayor Magrath Drive C BABY DOLL 5.87 SHORTIE LOUNGE SET 5.83 OVERSIZE GOWN 7.00 2-PCE. PRINTED SHORTIE SET A. Semi-fitted sleeveless dress with deep plunge V-neck, button front and matching bikini panties Printed Arnel in S.M.L. C 09 OVERSIZE WALTZ-LENGTH NIGHTIE B. Dainty Fortrel and Cotton with lace-trimmed puffy sleeves and embroidered yoke. In cool shades of Blue, Pink, Mint and Coral, EACH BABY DOLLS TAKE THE PLUNGE C. Sleeveless top with deep V-neck, 3-button fastening and lace trim. Bikini panties. Easy care Antron in pastel shades. C D FANCY BRIEFS .93 63. S.M.L. FANCY BRIEFS D. Nylon Tricot briefs in several applique 1 Picot elastic legs and waist. White, Pink, Blu Mint, Lilac and Aqua in S.M.L. PAIR LADIES FULL SUP 1.67 MINI-PRICED SLIP E. Plain Nylon Tricot jlip for wearing under tailored fashions. Adjustable satin straps for per- fect fit. Pastel shades. 32-38. l y A "SWEETHEART" OF A HOSTESS GOWN F. Full-length printed Arnel gown with cap and sweetheart neckline for up-to-lhe-niinute 40's- ookl Assorted shades. 9-11-13-15. EACH PEASANT GOWNS G. Fartrel and cotton dresses with white tops and printed skirts. Choose from the one shown and 2 other styles. S.M.L. EACH Not Illustrated Peasant Style Arnel Lounger Gathered elastic scoop neckline and short puffy sleeves in printed Arnel Jersey. Assorted Prints. PEASANT GOWN 13.00 HOS1T.SS GOWN 12.83 Opon Daily 9 a.m. fo 6 p.m. Thursday and Friday 9 a.m. to 9 p.r College Shopping Mall 2025 Mayor Magrath Drive 10 SPEED BIKE TOURS Join the Y.M.C.A. 10 Speed Biko Club now and tour Alberta and British Columbia this summer. Teftntiflp ond ndull Phono 328-7771 For Further Infornialion ;