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Lethbridge Herald Newspaper Archives

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Lethbridge Herald, The (Newspaper) - May 4, 1972, Lethbridge, Alberta 34 THE IETHBRIDGE HERALD Thursday, May 4, 1972 On llic oilier side of llie fence tilings look different People in rich countries see foreign investment as form of aid 6. No. 8 D OONFinFNTIAl.LY YOURS TfHtONTn, .May -llh Spri'iu! mil the wamlertusL in [he venture- some, doesn't it'.' One must lie wary. changes in elimate, Mid food ean Wa often cause nausea, cramps ami diarrhea. v Thai's why, at Hie nl' any ul" 1hese distressing sMiiploms. I make .-.lire nu- lanuly lakes FOYVI.KK'S KXTK.-UT i.: STKAvVBF.HIlY. llr. For.ler's is a gentle, restorative fnrnnila. based (in ronls and herbs. II aets. is and has proven eli'eelue fer over (i of Canadians I! makes Hood sense In keep Dr. Fowler's on hand wherever yuu are UNCOMFORTABLE DENTURES? Then ehcer lip Here's il product just made 1'or >on Ilia! will [ml an end lo your present discomrnrl failed .DEN'TriiF, ADHESIVE I'UWDEK. MIU sprinkle il on your dentures anil it does this helps hold holh uppers and lowers lunger, firmer and steadier. Iliein more eoniforlalily lielp-. yon eat more nalurally. What's more, non-aeid Fasleelh has no pasty taste, so you fan eal v.halever you wish to your heart s eonlenll You know den- lores Iliat are essential to herilth so visit _ your [ regularly .llid easy-louse '.Fastecth to-day. By JAMES NEILSON London Observer Service HUENOS AIRES peo- ple in rich counlries see for cign inveslment as a form of aid, by providing profits for llic land they sink I money in as well as for the inveslor. From the olber side of Ihe fence things look different. Many Latin Americans see it as just another form of cvploit- alion. Resentment denis from pride. It is galling to any nation to see ils economy dominated by U.S., European or Japanese firms. Merely adding "Ar- gentina" or "Brazil" lo tho firm's name is of little help: the wiser pick a new name for j each country. Id's operation in I Argentina goes under (he name "Dupcrial" and the Englishness of the company is nol general- ly realized. In Argentina the biggest and most prominent firms are Fiat, General Motors. Renault, Esso and Pepsi and were sure of getting something out of il. RESENTMENT Hostility towards foreign cap- ital is not rc.slriclcd to Latin America, of course, and there is more than national vanity behind Latin American com- plaints about foreign invest- ment. Itcsenlmcnl is fiercest where local companies arc strong enough to dream of chal- leng'ng Ihe intruders. Because of the importance of their con- Iribulions. foreign investors can unwittingly dislorl llic economics ol [he host countries. The foreign firms are more ef- ficicni, Ihcy are often run by experienced managers from (he home office, make use of super- ior technology and marketing systems, and are producing or selling pnnen products. They naturally attract the liveliest executive talent, sinh- oning off the men who in olhor circumstances would be the! leaders of local industry. De- ers of Fiat and Olivetti sprout liifili from among warrens of shabby Victorian offices llial are the headquarters of many Argentine firms. Foreign invest men! provokes an extension of the role of the Sfalu. Onlv Hie is big enough lo confront miillina- ional corporations on anylhing arc haPPV enough lo live with like equal terms, so it contin- ually gathers under its wings a growing brood of lame ducks, all of which may be vital to large areas of the country as a provider of jobs and a steady, if low income, bnl unable to compete wilh the foreign giants on a free market. Many provinces are domin- ated by a single activity, and for social, political and strate- gic reasons tfie government is forced lo keep il going When the Government lakes over a firm or, as is more frequent, moves in to pick up the pieces tariff barriers and preferential legislation. It is made easier for local businessmen to borrow from the nation's banks, for ex- ample, and the import of some manufactured products is .vir- tually banned. Much of Ihis leg- islation, however, benefits the multinationals as well, and they Bui when the government trios to discriminate in favor of the local man, as did former Argentine Economy Minis t e r, Aldo Ferrer, at the beginning of 1971, Hie protests are deaf- ening. Ilis comparatively mild Coca Cola. Their ubiquitous pro- prived of the best men, indi- ducts make nationalist taunts genous business is usually a about the country being a mere economic colony all loo plaus- ible, as does the awareness that the foreigners would nol be in Argentina at all unless they a fr a i r, bumbling along in the shadow of the slick multinationals. The contrast is visible in the streets of Buenos Aires, where the huge glass tow- attempts to help local business compete against the multina- tionals sparked a massive flight of capital and started off run- away inflation that is still pick- ing up speed. The government took fright and many of Fer- rer's laws have not been allow- ed lo have any effect. r, As Argentina's balance of after ,t ROBS bankrupt, it applies wcakened, Gov. its own bureaucratic procedures of Presiden Alejandl.0 lo Ihe task of running it. The j was forjed look for loans abroad. Overseas banks and lending agencies, in particular the Internal i o n a 1 rescued companies Iben become even less competitive lhan they were before. The government finds itself obliged to try lo protect local industry by devices such as Monetary Fund, are loath to lend money unless Governments (THIS BEST VALUE ___j 3 DAYS ONLY SAVE 32.95 M99 Reg. 117.94 Great facelift for a lack-lustre bathroom: a gleaming 3-pc. ensemble, It's stylish enough to sell for much more. And it did, till today! Behold the typical balhroom...probably the mos! neglected room in Ihe house. Chances are your present fixtures have been inere ever since Ihe house was built. They've long since lost their original luslre, and maybe they're even cracked or badly stained. How embarrassing that can be when you have house guests! Time tor a facelift! Slarlplanningyour bathroom remodelling around this stylishyel extremely functional ensemble. The vilreous china basin and toilet are a snap to keep sparkling-arid best ot arescratcb and slain resislant. Space-saversculplured basin (18x1., is so compact that il can lit even small balhiooms. And Ihe lub.. its modern recessed design lels you stretch out In royal style! Faucets and seals exlra. Available In Ihe lollowlng colours al SID exlra: Willow Green; Petal Pink; Horizon Blue; or Bone. Similar savings also available on individual pieces. SAVE 6.45 to 8.45 Faucets Seat as shown SIMPSQttSEAIS MFTVALIII V1 OliAIJTY COSTS MO UK AT SIMPSONS-SEARS STORE HOURS; Open Dnily 9 a.m. lo p.m. Thursdoy ond Friday 9 a.m. to 9 p.m. Ccnlro Village. Telephone 328-9231 can guarantee that certain de- flationary steps will be taken. This implies a wage freeze and the ending of any discrimnia- lion against foreign investors. A major consequence of a se- ries of draslic devalualions of the peso, which lost over half ils value during 1971, is the de- cline in dollar value of Argon- line companies. Many viable en- terprises can be bought for a song by outsiders. The known to Argentines as "foreign mon- opolies" do not always restrict themselves lo economic pres- sure alone. They can, and do, make the most of Ihe corrup- tion which pervades Latin American governments at all levels. The much publicized revelations of an alleged at- tempt by ITT to overthrow Chile's Marxist President, Sal- vador Allcndc, is generally be- lieved to represent only the tip of an iceberg. Early in 1971, when Argentina was ruled by General Levingslon, the Gov- ernment broadcast via a na- tionalist politician Us belief that it was the target of a plot by foreign monopolies who wanlcd lo replace il with a more pro- hirshiess administration. It was widely whispered lhat among a number of leading foreign busi- nessmen given 24 hours to leave the country was Oberdan Sallus- tro, Fiat's general manager In Argentina, who was kidnapped and Ihen, on 10 April, murdered by urban guerrillas. Foreign inveslment, like for- eign aid, presents the govern- ments of underdeveloped coun- tries wilh a nasty dilemma. They cannot seriously Iry to do without it, hut they must keep it under control once it is in the country. As General Mo- tors annual sales exceed Argen- tina's gross national product for a year that can prove a daunt- ing task. Neo colonialism may con- demn its victim to a most com- fortable form of servitude, but few nations are humble enough to accept any kind of servitude at all. Persians helped by carpet crisis By PAULINE JACKSON London Observer Service TEHRAN -There's a carpel crisis in Iran. II is caused by Ihe rising standard of living of Ihe Persians. The best wool for making Persian carpels is laken from the neck and stomach of sheep, especially those that have pas- tured on sweet grass and scent- ed herbs such as liquorice and camomile. Bui Persians arc now ealing so much lamb and mutton, fow sheep live long enough to give several wool clips lo the carpet weavers. In Tehran, the biggest wool wholes a 1 e r estimates market demand al 15 tons, but says that this year the proper wool supplies are unlikely to reach four tons. Already thousands of looms are idle. Carpel solcks are running low in Tehran's ba- zaar and "Rug Row." Many weavers are buying low quality skin wool from sheep imported to eat. Last year 000 sheep were imported from Australia hut each skin yields only two or three kilos of wool that is not good enough for car- pets. The only wool on the world market which comes close lo matching the Iranian wool In strength and quality is a New Zealand wool produced by sheep bred from Iranian stock which were taken to New ealand a number of years ago. This wool, at present being experimented with, is loo thick for the famous Na'in or Isfa- han carpels but can be used in the coarser carpets of Tehran, Tabriz and the west of the country. But New Zealand wool has to be dipped in a dye for four hours to reach the same colour as an Iranian wool dipped for only three hours After a few months of exposure lo sunlight or after one washing a carpet made of mixed Iran- ian and New Zealand wool be- comes noticeably patchy as the color of the two wools fades at a different rate. RESEARCH Research in the laboratories of the Tehran branch of the In- ternational Wool Secretariat may solve this problem, but for many Iranian weavers New Zea- land wool is out of Uie question anyway because il is two to three limes as expensive as lo- cal wool. In the hast three months It has been discovered with horror that more and more weavers are turning to synthetic fibres as a way out of their difficul- lies. Synthetic fibres are cheap, and when mixed with wool can- not easily be delected Out of carpels recently tested for the Iranian Institution of Stan- dards (ISIRI) 320 were [mind lo conlaiu a mixlure of synthe- tics and wool, although they were being sold as "pure wool" carpels. Part synthetic carpets may fool even an expert at the time of purchase but their del cics will soon become appar- j ent. Color faslncss is nol the only problem here. While a good quality Persian carpet can he exnccled lo last 200 years, according to carpet aulhoiilios, synthetics put ot Ibis use bavo a life span of only eight years, say laboralory technicians. One of lire selling poinls ol Ihe Persian carpel In dale has been ils invcslmcnl value. Offi- cials of Iran's ICxporl Promo- lion Centre claim that a good Persian carpel appreciates by 10 per cent to 20 per cent a yci'ii'. Many Iranians keep their wcalili in (he form of carpels, Thpro is a special bank in Teh- ran where carpels nre kept as sccurilies instead of cash. nre Iran's most valu- able cxporl after oil. During Ihe year carpet exports brought in almost a quarter of the lolfl] Income from non- oil exporls. II Is also a source of income for over a million people, many of Ihem wilh no olher skills or immediate em- ploy m e n t opportunities. Al- though the stale owned Iran- ian Carpet Company is attempt- ing to bring carpet weaving un- der government control so as lo improve and standardize qual- ity and secure better conditions for weavers, it is still largely an unorganized collage indus- try with 90 per cent of the car- pets made on family looms in village homes and tribal tents scattered throughout the coun- try. The Persian art of weaving is parl of a rich cullural tradition of design and craftsmans h i p going back over years. Watch a modern Iranian weav- er at his loom and you almost feel that he has years of inherited knowledge in his fin- gertips; they move so qdckly thai il is impossible to follow them arid yet each row hi the carpel is a complicaled new ar- rangemenl of colors. It is as if the ability to recreate the intri- cale patterns of classic carpels has become inslinclive, as if the weaver is born wilh them in his memory. Children of five or six sitting alongside their parents at a family loo mwork with the same sureness. When an unfamiliar pattern is being followed the scene in a carpet workshop has the aura of an ancient religious rite wilh the master weaver intoning di- rections over the bowed heads of the weavers. "Two green and four black forward, three for grounding and six he sings out. And withoul lifting their heads or showing any per- ceptible slackening in the light- ing swiftness of their hand movements the weavers reply in a sing-song chant, "Two green and four black to place have eaten six blue." It's like visual poetry wilh a musical ac- companiment. There is no acceptable ma- chine made substitute for the Persian carpet; the growing de- mand for Persian carpets at ten times the cost per square metre of machine made car- peting is proof of this. It would be a sad irony if Iranians them- selves ruined the future of their art by failing to tackle the raw material problem. Evergreens not dead BLAIRMORE (CNP Bureau) Residenls in the Crowsnest Pass will be pleased lo learn the evergreen trees on the hill- sides surrounding the district arc not dead. Thousands of the evergreens have turned red which usually signifies they are dead. All Longworth, superinten- dent of the Crowsncsl Forest, advised lhat Ihe needles turn- ing red is a physiological con- dition and is commonly called Red Bell. The condition is caused by extreme changes of weather in winlcr. During Chinook periods Ihe needles Iranspirc (give off) moisture into llic air and wilb the ground below frozen tho rools arc unable lo replenish Ihe moislurc lo the leaves and Ihey turn a reddish brown. This condition will not kill Ihe tree unless it continues for sev- eral consecutive years. Mr. Longworlh added thai as soon as the sap begins lo run Ihe moislurc is replenished to Ihe needles. By fall tbe trees should regain Ihcir normal green color. ;