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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 3, 1974, Lethbridge, Alberta 28-THE LETHBRIDOE HERALD May 1974 plan not practical By BUD JORGENSEN OTTAWA Two- price or not that is the question. Trade Minister Alastair Gil- lespie says a general two- price system for Canadian resources is not a practical policy because there are too many including possible damaging retaliation by trading partners. Ed Broadbent says Canada would come out ahead over-all because Canada is a net ex- porter of resources. The two MPs argued the issue Thursday at a meeting of the House trade Do you hive PROBLEMS taking GOOD Then let the experts show you how Come in and talk with GERRY or RANDY KWIKKQLOR Collaga Mall Phone 327-4884 'Same Day Service on Your Color Prints' DM Southern only KWIK KOLOR SERVICE now locilMl it IGA in In Spirwood Co-op Store in Plncher Creek Ctrdtton Pharmacy in Cardtton and economic affairs where Mr. Gillespie was appearing as a witness on amendments to ex- pert and import control legislation. Mr. Broadbent contended that Canada need not worry about retaliation. going to be a net gainer in weighing off our ex- ports against He said that if all countries adopt two-price systems for natural Canada would come out ahead because it exports more than ii-imports. Mr. Gillespie countered that Canada is not a net exporter in other areas and there are other methods of retaliation. He noted the two-price system adopted by the government for crude wellhead price for Canadian crude at a barrel is about below the current world said oil is a special case. Oil is a homogeneous com- modity with a relatively fixed distribution system. Canada's main market is the United States and most of the exports go out through a pipeline Under these an export tax is easy to administer and pricing is relatively easy to establish. Mr. Gillespie said it had been proposed that there be a two-price system for lumber. there are producers in Canada making a commodity which comes in dozens of different grades and forms. Mr. Broadbent said he be- lieves these problems could be easily handled in international trade. you have a marketing Mr. Gillespie asked. replied Mr. Broad- who said the Japanese have successfully used this technique. GILLESPIE Disclosure legislation introduced VICTORIA The British Columbia Government introduced legislation Thursday which would force every provincial municipal official and public employee to disclose their financial interests. Attorney General Alex MacDonald said outside the house the Public Officials and Employees Disclosure Act is tougher legislation than a similar bill brought in during the spring session in 1973 but allowed to die on the order paper. According to the new a provincial official is a cabinet member or a municipal official is a alderman or member of a council of a town or village municipality or any other elected official. A public employee is a person so designated by the cabinet who serves on any government agency or but it does not include a judge of a court The written which would have to be made twice a year between the first and 15th of January and July. Petrocan bill in works OTTAWA The gov- ernment introduced legislation Thursday to establish a national petroleum corporation with power to move into all sectors of the oil industry. But there are no immediate plans to focus on anything more than research -and Energy Minister Donald Macdonald told reporters after the bill was given routine first reading in the Commons. He said the main government concern is to improve the longterm outlook for oil not to compete with existing companies in the refining and distribution of oil and petroleum products. The to be called will have initial operating capital of million and be given a further billion over the first five to eight years of he said. Oper- ations would not begin before 1975. One-third of the money will be used to develop new con- ventional oil supplies. The re- mainder will be spent on re- search and development of nonconventional oil sands largely in Northern Alberta. Plans to set up a government-owned oil company were announced last December by Prime Minister Trudeau. There was no immediate op- position comment after the bill was introduced. But there is no given the uncertain fate of the minority that it will pass before an election is called. Mr. Macdonald said he will hold the opposition responsible for any delay. MPs would be making a conscious decision to kill the along with other energy measures before if they force an he said. If the bill would give the corporation almost unlimited freedom to broaden operations if the government decides it should. MAY-DAY MAY-DAY MAY-DAY MAY-DAY MAY-DAY MAY-DAY MAY-DAY MAY-DAY MAY-DAY OPEN HOUSE TODAY-TOMORROW BONANZA UNITED IS FIRST in bringing prices down at MAY-DAY'S WATCH foruacomlngto YOU IN TABER with our travelling May next to the Mecleod Store. EVERYTHING MUST BE SOLD CHECK THIS Beautiful Squire double-wide 1050 sq. ft. of elegant would look just great on your with immediate delivery and set- up. AT THE OLD PRICE OF CHECK IT Mrviee Plan Park Lots available accepted customers WIN a beautiful WESTINQHOUSE CONSOLE STEREO A HOT DOGS CourtMy A W Scenic Drive UNITED MOBILE HOME 'We Help Make it Corner 3rd A Scenic Drive 327-1780 or 327-0822 Sears SATURDAY SPECIALS Limited Quantities Starts a.m. Personal Shopping Only SPECIAL BOY'S PERMA-PREST G.W.G. Pants Reg. and 5 99 Boy's jean pant in fine wale corduroy in plaids of and Sjzes 7 to 18. Also... PLAIN CORDS In Teal Blue. Sizes 7 to 18. Reg. 99 5 Boy's Wear Lawn Darts 3 Set includes 4 lawn 2 plastic diameter tar- instructions. Easy and fun for the whole family play it anywhere storage carton incl. Reg. Sports Centre Long Sleeve Ladies' Shirts 2 styles to choose from. Polyester and cotton. blue and peach. Sizes 10- 18. Reg. Ladies' Accessories Ladies' Slippers SO49 I and at 3 styles to choose from. Assorted colors. All machine washable. Reg. Ladies' Hosiery Floor Model Barbeques 5 HALF PRICE 99 to 6 only. Reg. to Housewares Sport shirts 3 Assorted styles colors. Long sleeves. polynostic rayon. only. Reg. Broken size range. Men's Furnishing CLEARANCE TWO PANT SUIT Size 38 Short. Reg.S79.99 CO-ORDINATE sire 36 regular. Reg 99 CO-ORDINATE Size 38 to 44 Reg MENS' SUIT Size 36 reg. to 42 tall Reg. SPORTS COAT wool blend plaid and checks. 36 to 46 Short and tails. Reg 00......................... Men's Wear '19 Metal Will Tile 3 sq. ft. pkg. Assorted finishes. Reg. Plastic Wall tile 5 sq. ft. pkg. Asstd. colors. Reg. Limited quantities....... Aluminum Dow Grills White and Gold. Reg. Drain-0-Matlcs Automatically recoils. Reg. Plumbing and Heating Sears Pack Tent Acrylic coated nylon 2 man tent. Reg. Sports Centre Tri Lite Table Lamp Gold and White composition base. Reg. Small Electric Appliances Carrs Flower Basket Asstd. Cookies Reg. Carrs Majestic Asstd. Cookies Ib. Reg. Carrs Contrast Asstd. Cookies Ib. 10 Reg. Bristol Cream Sherry Chocolates Reg. Candy Dept. 329 289 289 169 Ladies' Flannelette Pyamas Cozy and perfect for summer camp- ing. S.M.L.O S. Limited quanities. Reg. to At Home Wear Rack of Skirts to Various fabrics and colors. Reg. to Ladies' Sportswear Clearance of Misses Dresses Polyester shirt waist styles. Sizes 10-18. Reg. Large Size Dresses 99 Limited quantities. Sizes 46-52. Reg. Ladies' Wear Roof De-icing Kit 100'of cable. Reg. Tile Brite Tile cleaner. Reg. Flash Band Self adhesive aluminum faced sealing strip. Reg. Aquiline Kitchen Faucet centre set. Reg. Plumbing and Heating 'Simpsons-Sears Ltd. iSttneone-Seam you get the Store Open Daily a.m. to p.m. Thursday and Friday a.m. to p.m. Centre Village Mall. Telephone 328-9231 ;